Risk grade updatedRisk gradeEvidence verified
24 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → A2.Business profile
Pineworks Oy
Pineworks Oy's registered office is Esbo. It is a limited company. The company was established on 2002-08-19. It operates in the industry of other sport activities n.e.c.. In its latest retained statement for 2025-05-31, revenue was €105,802 and operating profit was €25,758.
Business ID 1776268-5ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1776268-5
- Sector
- Other sport activities n.e.c.
- Municipality
- Esbo
- Company form
- Limited company
- Registration date
- 2002-08-19
- Business ID registration date
- 2002-08-07
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Hyljelahdentie 19 as. 10, 02260 Espoo
Postal address: P.O. Box 38, 02231, Esbo
Phone: +358400299964Source observation
Website: https://www.pineworks.fiSource observation
People and decision-makers
Mäntylä Petri NikolaiVarsinainen jäsen
Mäntylä Katja MaarikaVarajäsen
About Pineworks Oy
Financial position and key figures for the company.
Pineworks Oy's location municipality is Esbo. It is a limited company. The company was established on 2002-08-19. It operates in the industry of other sport activities n.e.c.. In its latest retained statement for 2025-05-31, revenue was €105,802 and operating profit was €25,758. The latest retained financial statement for 2025-05-31 shows revenue of €105,802 and profit for the financial year of €13,280. Based on the latest retained statement, revenue growth was +1.8%, operating margin was +24.3%, and equity ratio was +75.1%.
Auxiliary business names
Public alternate names materialized from source observations.
Pineworks Ltd
Extended business activity
A longer directory- or registry-backed activity description that complements the short registry industry label.
Yhtiön toimiala on urheilun koripallon erotuomaripalveluiden toteuttaminen ja konsultointi, erotuomarivarusteiden myynti ja markkinointi, informaatioteknologia-alan palveluiden tuottaminen, informaatioteknologia-alan konsultointi ja graafisen alan palveluiden tuottaminen.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-05-31
3
2
Combined source
Derived indicators
Revenue growth1.8%
Operating margin24.3%
Equity ratio75.1%
Balance-sheet contextLatest financial period
Other operating income€0Previous: €2,138
Inventory€15,504Previous: €17,277
Cash and bank€5,271Previous: €25,857
Retained earnings€173,560Previous: €168,893
Profit before taxes€17,857Previous: €6,927
Equity€194,840Previous: €181,560
Liabilities€64,472Previous: €77,209
Current assets€49,429Previous: €48,278
Current liabilities€27,806Previous: €20,542
Employees1Previous: 1
Revenue trend5 periods
€90,863
2021-05-31
€87,115
2022-05-31
€94,862
2023-05-31
€103,949
2024-05-31
€105,802
2025-05-31
Operating profit (loss) trend5 periods
€37,222
2021-05-31
€17,941
2022-05-31
-€4,612
2023-05-31
€12,991
2024-05-31
€25,758
2025-05-31
Profit (loss) for the financial year trend5 periods
€29,509
2021-05-31
€13,336
2022-05-31
-€6,736
2023-05-31
€4,667
2024-05-31
€13,280
2025-05-31
Assets trend5 periods
€190,211
2021-05-31
€200,530
2022-05-31
€289,918
2023-05-31
€258,769
2024-05-31
€259,312
2025-05-31
Financial ratios
Financial ratios based on financial statement data. Source: Yhdistetty lähde.
Equity ratioGood
94/100 · Improving
Current ratioPassable
25/100 · Declining
Operating profit marginGood
100/100 · Improving
Ratio history
| Ratio | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|
| Equity ratio | 98.4 % | 100.0 % | 61.0 % | 70.2 % | 75.1 % |
| Current ratio | - | - | - | 2.10x | 0.75x |
| Operating profit margin | 41.0 % | 20.6 % | -4.9 % | 12.3 % | 24.3 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID1776268-5
VAT IDFI17762685
EU IDFIFPRO.1776268-5
MunicipalityEsbo
Current registered entries
2002-07-26VAT-liable for business activity in Tax Administration (VAT Register)
2002-08-19Registered in Tax Administration (Tax Administration)
2002-08-19Registered in Patent and Registration Office (Trade Register)
2025-08-07Registered in Tax Administration (Prepayment Register)
Responsible people
Public role relationships materialized from source observations.
Mäntylä Petri NikolaiVarsinainen jäsenSources: 5 · Confidence: 78%
Mäntylä Katja MaarikaVarajäsenSources: 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
A2
Very goodPineworks Oy
Grade upgradedB1 → A2 · new analysis 2026-09-24
81/100
High
Strong financial evidenceFinancial data included
Financial development is mostly stable or mixed.
4 comparable periodsRevenueStable
ProfitabilityImproving · 2 consecutive periods
SolvencyImproving
National Tier 1 comparisonDescriptive comparison – does not change the model score.
135 peersSolvency62%
Better than 62% of peers
Profitability89%
Better than 89% of peers
Liquidity59%
Better than 59% of peers
Revenue growth73%
Better than 73% of peers
MixedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
3 observed filings224 days after period end
224 days after period end
3 consecutive periods
Supporting factors
- Strong equity ratio
- Strong operating profitability
- Active registered status
Risk factors to note
- Weak current ratio
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessmentsA2
2026-09-24 05:5081/100 · v0.14
B1 → A2 · +13 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-05-31).
- Assessment confidence: Medium → High.
- Evidence quality: Registry and statistical evidence → Strong financial evidence.
B1
2026-09-1568/100 · v0.14
B1 → B1 · +8 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
2026-09-1360/100 · v0.12
Oldest retained automatic assessment in this comparisonA2
2026-09-24
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 riskmedium
55/100
Industry context is medium based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 24 years of registry continuity.
Registry and status signalsVakaa
75/100
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
13 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Registry timeline
Trade register notifications shown on a timeline.
14 register eventsLatest event: 2026-01-10
Financial statements availability
Available financial statement periods and PRH source filings.
3 financial statement periodsLatest financial period: 2025-05-31
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-04-03.
This company profile has not been claimed yet
Pineworks Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.