Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Business profile
NovelGroup Oy
NovelGroup Oy's registered office is Vanda. It is a limited company. The company was established on 2017-09-13. It operates in the industry of non-specialised wholesale trade. In its latest retained statement for 2025-12-31, revenue was €619,225 and operating profit was -€152,356.
Business ID 2851346-5ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2851346-5
- Sector
- Non-specialised wholesale trade
- Municipality
- Vanda
- Company form
- Limited company
- Registration date
- 2017-09-13
- Business ID registration date
- 2017-08-23
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Vantaankoskentie 24, 01730, Vanda
Website: https://www.novelplast.fiSource observation
About NovelGroup Oy
Financial position and key figures for the company.
NovelGroup Oy's location municipality is Vanda. It is a limited company. The company was established on 2017-09-13. It operates in the industry of non-specialised wholesale trade. In its latest retained statement for 2025-12-31, revenue was €619,225 and operating profit was -€152,356. The latest retained financial statement for 2025-12-31 shows revenue of €619,225 and profit for the financial year of -€152,161. Based on the latest retained statement, revenue growth was -13.8%, operating margin was -24.6%, and equity ratio was +78.3%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
6
2
PRH/XBRL financial statement
Derived indicators
Revenue growth-13.8%
Operating margin-24.6%
Equity ratio78.3%
Balance-sheet contextLatest financial period
Other operating income€350Previous: €300
Inventory€129,671Previous: €138,666
Cash and bank€106,465Previous: €348,399
Retained earnings€471,766Previous: €562,276
Equity€329,606Previous: €481,766
Liabilities€91,393Previous: €89,113
Current assets€415,760Previous: €568,329
Current liabilities€91,393Previous: €89,113
Revenue trend2 periods
€718,118
2024-12-31
€619,225
2025-12-31
Operating profit (loss) trend2 periods
-€90,604
2024-12-31
-€152,356
2025-12-31
Profit (loss) for the financial year trend2 periods
-€90,509
2024-12-31
-€152,161
2025-12-31
Assets trend2 periods
€570,879
2024-12-31
€420,999
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioGood
98/100 · Declining
Current ratioGood
86/100 · Declining
Operating profit marginWeak
0/100 · Declining
Ratio history
| Ratio | 2024-12-31 | 2025-12-31 |
|---|---|---|
| Equity ratio | 84.4 % | 78.3 % |
| Current ratio | 5.47x | 2.58x |
| Operating profit margin | -12.6 % | -24.6 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2851346-5
VAT IDFI28513465
EU IDFIFPRO.2851346-5
MunicipalityVanda
Current registered entries
2017-08-07VAT-liable for business activity in Tax Administration (VAT Register)
2017-08-23Registered in Tax Administration (Prepayment Register)
2017-09-01Registered in Tax Administration (Employer Register)
2017-09-13Registered in Patent and Registration Office (Trade Register)
2017-09-14Registered in Tax Administration (Tax Administration)
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
B2
SatisfactoryNovelGroup Oy
Grade unchangedB2 · new analysis 2026-10-17
53/100
High
Strong financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
3 comparable periodsSame industryDescriptive comparison – does not change the model score.
84 peersSolvency71%
Better than 71% of peers
Profitability18%
Below 82% of peers
Liquidity77%
Better than 77% of peers
Revenue growth27%
Below 73% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings168 days after period end
211 days after period end
4 consecutive periods
Supporting factors
- Strong equity ratio
- Healthy short-term liquidity
- Active registered status
Risk factors to note
- Negative profitability or net result
- Losses in the latest and previous available periods
- Coordinated deterioration across 4 financial domains
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsB2
2026-10-1753/100 · v0.15
B2 → B2B2
2026-10-02 21:0053/100 · v0.14
B2 → B2 · -1 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.
B2
2026-09-1554/100 · v0.14
B2 → B2- 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
2026-09-1454/100 · v0.12
Oldest retained automatic assessment in this comparisonB2
2026-10-17
open-risk-grade-v0.15
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 riskhigh
31/100
Industry context is high based on normalized open statistical inputs.
Age and continuityHyvä
60/100
The company has about 9 years of registry continuity.
Registry and status signalsSeurattava
70/100
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
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
13 register eventsLatest event: 2025-08-15
Financial statements availability
Available financial statement periods and PRH source filings.
6 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 2025-12-31.
This company profile has not been claimed yet
NovelGroup Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.