Risk grade updatedRisk gradeEvidence verified
28 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → A3.Business profile
Novars Oy
Novars Oy's registered office is Borgå. It is a limited company. The company was established on 2008-08-22. It operates in the industry of wholesale of stationery. In its latest retained statement for 2025-12-31, revenue was €182,925 and operating profit was €3,289.
Business ID 2208398-6ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2208398-6
- Sector
- Wholesale of stationery
- Municipality
- Borgå
- Company form
- Limited company
- Registration date
- 2008-08-22
- Business ID registration date
- 2008-07-22
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Raudoittajantie 3 H 3, 06450, Borgå
Website: https://www.novars.fiSource observation
About Novars Oy
Financial position and key figures for the company.
Novars Oy's location municipality is Borgå. It is a limited company. The company was established on 2008-08-22. It operates in the industry of wholesale of stationery. In its latest retained statement for 2025-12-31, revenue was €182,925 and operating profit was €3,289. The latest retained financial statement for 2025-12-31 shows revenue of €182,925 and profit for the financial year of €14,186. Based on the latest retained statement, revenue growth was -0.8%, operating margin was +1.8%, and equity ratio was +81.2%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
2
2
PRH/XBRL financial statement
Derived indicators
Revenue growth-0.8%
Operating margin1.8%
Equity ratio81.2%
Balance-sheet contextLatest financial period
Other operating income€286Previous: €292
Inventory€43,313Previous: €52,666
Cash and bank€35,634Previous: €7,567
Retained earnings€58,887Previous: €91,532
Equity€75,572Previous: €71,387
Liabilities€17,450Previous: €10,764
Current assets€93,022Previous: €82,151
Current liabilities€17,450Previous: €10,764
Revenue trend2 periods
€184,426
2024-12-31
€182,925
2025-12-31
Operating profit (loss) trend2 periods
-€21,590
2024-12-31
€3,289
2025-12-31
Profit (loss) for the financial year trend2 periods
-€22,645
2024-12-31
€14,186
2025-12-31
Assets trend2 periods
€82,151
2024-12-31
€93,022
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioGood
100/100 · Declining
Current ratioGood
100/100 · Declining
Operating profit marginPassable
55/100 · Improving
Ratio history
| Ratio | 2024-12-31 | 2025-12-31 |
|---|---|---|
| Equity ratio | 86.9 % | 81.2 % |
| Current ratio | 5.60x | 4.52x |
| Operating profit margin | -11.7 % | 1.8 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2208398-6
VAT IDFI22083986
EU IDFIFPRO.2208398-6
MunicipalityBorgå
Current registered entries
2008-07-25Registered in Tax Administration (Tax Administration)
2008-08-01Registered in Tax Administration (Employer Register)
2008-08-01VAT-liable for business activity in Tax Administration (VAT Register)
2008-08-01Registered in Tax Administration (Prepayment Register)
2008-08-22Registered in Patent and Registration Office (Trade Register)
Risk certificate
An open-data based company stability and risk signal.
BUSINESS.fi
BUSINESS.fi Luottoluokitus
Profile-specific risk signal based on open data
Automatic gradeNot a credit decision
A3
GoodNovars Oy
Grade upgradedB1 → A3 · new analysis 2026-09-28
74/100
High
Strong financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
2 comparable periodsRevenueStable
ProfitabilityImproving
Same size nationallyDescriptive comparison – does not change the model score.
168 peersSolvency79%
Better than 79% of peers
Profitability36%
Below 64% of peers
Liquidity88%
Better than 88% of peers
Revenue growth35%
Below 65% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
2 observed filings17 days after period end
25 days after period end
2 consecutive periods
Supporting factors
- Strong equity ratio
- Healthy short-term liquidity
- Active registered status
Risk factors to note
- Coordinated deterioration across 2 financial domains
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessmentsA3
2026-09-28 09:4874/100 · v0.14
B1 → A3 · +11 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-12-31).
- Assessment confidence: Medium → High.
- Evidence quality: Registry and statistical evidence → Strong financial evidence.
B1
2026-09-1563/100 · v0.14
B2 → B1 · +4 points- Assessment confidence: Low → Medium.
- Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
- New risk factor: Sufficient structured financial metrics are not available.
B2
2026-09-1459/100 · v0.12
Oldest retained automatic assessment in this comparisonA3
2026-09-28
open-risk-grade-v0.14
The grade can use open digital financial statement data together with registry signals.
Risk context
When sufficient source-backed financial metrics are not available for a Tier 1 assessment, BUSINESS.fi shows registry, industry, and regional context.
Industry riskelevated
45/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 18 years of registry continuity.
Registry and status signalsVakaa
82/100
Registry history, filing recency, and active register markings are still limited or mixed.
Events & news
Verified events and sourced external company news in one timeline.
Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
21 register eventsLatest event: 2026-01-17
Financial statements availability
Available financial statement periods and PRH source filings.
2 financial statement periodsLatest financial period: 2025-12-31
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-01-10.
This company profile has not been claimed yet
Novars Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.