Risk grade updatedRisk gradeEvidence verified
18 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → A3.Business profile
Oy Pietec Ab
Oy Pietec Ab's registered office is Jakobstad. It is a limited company. The company was established on 1996-07-03. It operates in the industry of electrical installation. In its latest retained statement for 2020-10-31, revenue was €1,705,365 and operating profit was €70,928.
Business ID 1053385-5ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1053385-5
- Sector
- Electrical installation
- Municipality
- Jakobstad
- Company form
- Limited company
- Registration date
- 1996-07-03
- Business ID registration date
- 1996-06-13
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Jakobsgatan 41 D, 68600, Jakobstad
Website: https://www.pietec.fiSource observation
About Oy Pietec Ab
Financial position and key figures for the company.
Oy Pietec Ab's location municipality is Jakobstad. It is a limited company. The company was established on 1996-07-03. It operates in the industry of electrical installation. In its latest retained statement for 2020-10-31, revenue was €1,705,365 and operating profit was €70,928. The latest retained financial statement for 2020-10-31 shows revenue of €1,705,365 and profit for the financial year of €55,704. Based on the latest retained statement, revenue growth was -5.7%, operating margin was +4.2%, and equity ratio was +66.8%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2020-10-31
1
1
PRH/XBRL financial statement
Derived indicators
Revenue growth-5.7%
Operating margin4.2%
Equity ratio66.8%
Balance-sheet contextLatest financial period
Other operating income€9,397Previous: €2,182
Inventory€249,492Previous: €284,007
Cash and bank€18,313Previous: €607
Advances received€0Previous: €13,500
Retained earnings€362,680Previous: €305,217
Equity€426,384Previous: €402,912
Liabilities€212,087Previous: €360,752
Current assets€569,642Previous: €689,414
Current liabilities€212,087Previous: €337,572
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioGood
83/100 · Improving
Current ratioSatisfactory
42/100 · Improving
Operating profit marginSatisfactory
60/100 · Declining
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID1053385-5
VAT IDFI10533855
EU IDFIFPRO.1053385-5
MunicipalityJakobstad
Current registered entries
1996-06-13Registered in Tax Administration (Tax Administration)
1996-07-03Registered in Patent and Registration Office (Trade Register)
2000-01-15VAT-liable for business activity in Tax Administration (VAT Register)
2000-03-22Registered in Tax Administration (Prepayment Register)
2000-07-01Registered in Tax Administration (Employer 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
GoodOy Pietec Ab
Grade unchangedA3 · new analysis 2026-10-17
74/100
Low
Usable financial evidenceFinancial data included
Same industry, size and age groupDescriptive comparison – does not change the model score.
47 peersSolvency70%
Better than 70% of peers
Profitability47%
Close to the peer-group midpoint
Liquidity77%
Better than 77% of peers
Limited evidenceBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
1 observed filings62 days after period end
62 days after period end
1 consecutive periods
Supporting factors
- Strong equity ratio
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Parsed financial metrics are older than the newest reported filing
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsA3
2026-10-1774/100 · v0.15
A3 → A3A3
2026-09-18 11:2374/100 · v0.14
B1 → A3 · +11 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2020-10-31).
- Assessment confidence: Medium → Low.
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
B1
2026-09-1463/100 · v0.14
B1 → B1B1
2026-09-1463/100 · v0.13
Oldest retained automatic assessment in this comparisonA3
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 riskelevated
38/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 30 years of registry continuity.
Registry and status signalsVakaa
79/100
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 B1.Registry timeline
Trade register notifications shown on a timeline.
19 register eventsLatest event: 2025-12-25
Financial statements availability
Available financial statement periods and PRH source filings.
1 financial statement periodsLatest financial period: 2020-10-31
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
Oy Pietec Ab shows public core facts. A company representative can claim the profile, update public information, and access owner tools.