Risk grade updatedRisk gradeEvidence verified
19 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3 → B3.Business profile
Oy Piggvar Ab
Oy Piggvar Ab's registered office is Esbo. It is a limited company. The company was established on 1998-12-21. It operates in the industry of other publishing activities, except software publishing. In its latest retained statement for 2025-12-31, revenue was €784,003 and operating profit was €96,366.
Business ID 1537891-1ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1537891-1
- Sector
- Other publishing activities, except software publishing
- Municipality
- Esbo
- Company form
- Limited company
- Registration date
- 1998-12-21
- Business ID registration date
- 1999-06-04
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Ängholmsvägen 5, 02160, Esbo
People and decision-makers
Salovaara Paula JohannaToimitusjohtaja
About Oy Piggvar Ab
Financial position and key figures for the company.
Oy Piggvar Ab's location municipality is Esbo. It is a limited company. The company was established on 1998-12-21. It operates in the industry of other publishing activities, except software publishing. In its latest retained statement for 2025-12-31, revenue was €784,003 and operating profit was €96,366. The latest retained financial statement for 2025-12-31 shows revenue of €784,003 and profit for the financial year of €428,747. Based on the latest retained statement, revenue growth was -36.9%, operating margin was +12.3%, and equity ratio was +10.8%.
Extended business activity
A longer directory- or registry-backed activity description that complements the short registry industry label.
Föremålet för bolagets verksamhet är finansiering, tillverkning, produktion, distribution, köp, import, export, hyra och försäljning av medieprodukter och -tjänster och kommersiella produkter relaterade till dessa samt utbildning och konsultering som hänför sig till branschen och ägande och besittning av rättigheter relaterade till ovannämnda medieprodukter och -tjänster. Bolaget kan även idka annan laglig affärsverksamhet i Finland och utomlands. Föremålet för bolagets verksamhet är även att idka handel med aktier, andelar och övriga värdepapper samt annan investerings- och placeringsverksamhet, inklusive kapitalplaceringsverksamhet. Bolaget kan även köpa. sälja, besitta och hyra ut aktier i rörelsedrivande bolag och andra bolag samt fast egendom.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
4
2
Combined source
Derived indicators
Revenue growth-36.9%
Operating margin12.3%
Equity ratio10.8%
Balance-sheet contextLatest financial period
Inventory€2,840,959Previous: €2,269,655
Cash and bank€117,208Previous: €257,618
Retained earnings€1,693,541Previous: €1,388,950
Profit before taxes€447,156Previous: €314,622
Equity€3,230,698Previous: €2,801,950
Liabilities€26,561,912Previous: €26,560,288
Current assets€2,958,167Previous: €2,527,795
Current liabilities€3,381,202Previous: €2,651,214
Employees0Previous: 0
Revenue trend4 periods
€405,040
2022-12-31
€1,885,072
2023-12-31
€1,243,026
2024-12-31
€784,003
2025-12-31
Operating profit (loss) trend4 periods
-€51,307
2022-12-31
€54,608
2023-12-31
€51,478
2024-12-31
€96,366
2025-12-31
Profit (loss) for the financial year trend4 periods
€1,002,947
2022-12-31
€281,831
2023-12-31
€304,591
2024-12-31
€428,747
2025-12-31
Assets trend4 periods
€26,345,714
2022-12-31
€26,283,792
2023-12-31
€29,362,238
2024-12-31
€29,792,610
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Yhdistetty lähde.
Equity ratioWeak
14/100 · Improving
Current ratioPassable
29/100 · Declining
Operating profit marginGood
81/100 · Improving
Ratio history
| Ratio | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Equity ratio | 8.4 % | 9.5 % | 9.5 % | 10.8 % |
| Current ratio | - | - | 0.95x | 0.87x |
| Operating profit margin | -12.7 % | 2.9 % | 4.1 % | 12.3 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID1537891-1
EU IDFIFPRO.1537891-1
MunicipalityEsbo
Current registered entries
1998-12-21Registered in Patent and Registration Office (Trade Register)
1999-06-04Registered in Tax Administration (Tax Administration)
Responsible people
Public role relationships materialized from source observations.
Salovaara Paula JohannaToimitusjohtajaSources: 6 · Confidence: 78%
Salovaara Paula JohannaPuheenjohtajaSources: 4 · Confidence: 78%
Salovaara Kitty JohannaVarsinainen jäsenSources: 5 · Confidence: 78%
Jungell Lena JohannaVarajäsenSources: 2 · Confidence: 78%
Peter ÅhmanPäävastuullinen tilintarkastajaSources: 1 · Confidence: 76%
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
B3
MonitorOy Piggvar Ab
Grade downgradedA3 → B3 · new analysis 2026-09-19
49/100
High
Strong financial evidenceFinancial data included
Financial development is mostly stable or mixed.
3 comparable periodsProfitabilityImproving
SolvencyStable
LiquidityStable
Same size nationallyDescriptive comparison – does not change the model score.
264 peersSolvency18%
Below 82% of peers
Profitability66%
Better than 66% of peers
Liquidity55%
Better than 55% of peers
Revenue growth7%
Below 93% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings121 days after period end
142 days after period end
4 consecutive periods
Supporting factors
- Strong operating profitability
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Weak current ratio
- Sharp year-over-year revenue drop
- High balance-sheet leverage
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsB3
2026-09-19 18:1849/100 · v0.14
A3 → B3 · -22 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.
A3
2026-09-1471/100 · v0.14
A3 → A3A3
2026-09-1471/100 · v0.13
B1 → A3 · +9 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.
B1
2026-09-1362/100 · v0.12
Oldest retained automatic assessment in this comparisonB3
2026-09-19
open-risk-grade-v0.14
The grade can use open digital financial statement data together with registry signals.
A serious financial risk signal affects this grade. Review the profile financial indicators as well.
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 riskmedium
59/100
Industry context is medium based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 27 years of registry continuity.
Registry and status signalsVakaa
76/100
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 A3.Registry timeline
Trade register notifications shown on a timeline.
18 register eventsLatest event: 2026-05-09
Financial statements availability
Available financial statement periods and PRH source filings.
4 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
Oy Piggvar Ab shows public core facts. A company representative can claim the profile, update public information, and access owner tools.