Business profile

Palwaset Oy

Palwaset Oy's registered office is Sysmä. It is a limited company. The company was established on 2021-06-02. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2024-12-31, revenue was €31,564 and operating profit was €91.

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Business ID 3214167-6ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
3214167-6
Sector
Construction of residential and non-residential buildings
Municipality
Sysmä
Company form
Limited company
Registration date
2021-06-02
Business ID registration date
2021-05-27
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Peltotie 20, 19700, Sysmä

Phone: +358445886005Source observation

Email: [email protected]Source observation

People and decision-makers

Palvanen Harri KaleviToimitusjohtaja

About Palwaset Oy

Financial position and key figures for the company.

Palwaset Oy's location municipality is Sysmä. It is a limited company. The company was established on 2021-06-02. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2024-12-31, revenue was €31,564 and operating profit was €91. The latest retained financial statement for 2024-12-31 shows revenue of €31,564 and profit for the financial year of -€690. Based on the latest retained statement, revenue growth was -8.3%, operating margin was +0.3%, and equity ratio was -35.8%.

Auxiliary business names

Public alternate names materialized from source observations.

Kalho KartingSIPS Finland

Extended business activity

A longer directory- or registry-backed activity description that complements the short registry industry label.

Kaikki laillinen liiketoiminta

Financial highlights

Key figures from the latest financial period.

Latest financial period

2024-12-31

Imported periods0
PRH parsed0
Profile sourceEnriched source observation
Derived indicators
Revenue growth-8.3%
Operating margin0.3%
Equity ratio-35.8%
Revenue€31,564-€2,862 (-8.3%) vs previous periodPrevious: €34,426
Operating profit (loss)€91-€13,558 (-99.3%) vs previous periodPrevious: €13,649
Profit (loss) for the financial year-€690-€13,375 (-105.4%) vs previous periodPrevious: €12,685
Assets€40,632-€4,712 (-10.4%) vs previous periodPrevious: €45,344
Balance-sheet contextLatest financial period
Profit before taxes-€690Previous: €12,685
Employees1Previous: 1
Revenue trend4 periods
€0
2021-12-31
€6,025
2022-12-31
€34,426
2023-12-31
€31,564
2024-12-31
Operating profit (loss) trend4 periods
-€8,748
2021-12-31
-€16,405
2022-12-31
€13,649
2023-12-31
€91
2024-12-31
Profit (loss) for the financial year trend4 periods
-€8,802
2021-12-31
-€17,717
2022-12-31
€12,685
2023-12-31
-€690
2024-12-31
Assets trend4 periods
€13,561
2021-12-31
€33,302
2022-12-31
€45,344
2023-12-31
€40,632
2024-12-31

Financial ratios

Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.

Equity ratioWeak
0/100 · Declining
-35.8 %2023-12-31: -30.5 %
Current ratioNot assessable
0/100 · Trend unavailable
Not available2023-12-31: Ei saatavilla
Operating profit marginPassable
51/100 · Declining
0.3 %2023-12-31: 39.6 %
Ratio history
Ratio2021-12-312022-12-312023-12-312024-12-31
Equity ratio-64.9 %-79.6 %-30.5 %-35.8 %
Current ratio----
Operating profit margin--208.6 %39.6 %0.3 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID3214167-6
VAT IDFI32141676
EU IDFIFPRO.3214167-6
MunicipalitySysmä
Current registered entries
2021-05-27VAT-liable for business activity in Tax Administration (VAT Register)
2021-05-27Registered in Tax Administration (Prepayment Register)
2021-06-02Registered in Tax Administration (Tax Administration)
2021-06-02Registered in Patent and Registration Office (Trade Register)

Responsible people

Public role relationships materialized from source observations.

Palvanen Harri KaleviToimitusjohtajaSources: 6 · Confidence: 78%
Palvanen Harri KaleviPuheenjohtajaSources: 4 · Confidence: 78%
Palvanen Hannu OlaviVarsinainen jäsenSources: 5 · Confidence: 78%
Mäki Anni JohannaVarajäsenSources: 2 · Confidence: 78%

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
C
Elevated riskPalwaset Oy
Model score37/100
Assessment confidenceMedium
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectoryFinancial development has been volatile across multiple domains.
4 comparable periods
RevenueImproving
ProfitabilityVolatile
SolvencyVolatile
LiquidityNot enough history
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
166 peers
Solvency11%
Below 89% of peers
Profitability46%
Close to the peer-group midpoint
Revenue growth33%
Below 67% of peers
Supporting factors
  • Company context reduces the weight of an isolated financial signal
  • Active registered status
  • A newer financial statement filing has been reported
Risk factors to note
  • Negative equity
  • Negative profitability or net result
  • High balance-sheet leverage
Automatic model gradeC
Automatic model snapshot2026-10-02
Automatic model versionopen-risk-grade-v0.14
Financial data included

The grade can use open digital financial statement data together with registry signals.

Verify assessment

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
25/100

Industry context is high based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 5 years of registry continuity.

Registry and status signalsRajallinen
52/100

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
2 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade C.

Registry timeline

Trade register notifications shown on a timeline.

8 register eventsLatest event: 2025-09-05

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

Palwaset Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.