Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
Power Steel Oy
Power Steel Oy was declared bankrupt 2025-10-31. In its latest retained statement for 2024-12-31, revenue was €679,077 and operating profit was -€57,515.
Business ID 2071538-8BANKRUPTCYUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2071538-8
- Sector
- Machining of metals
- Municipality
- Joroinen
- Company form
- Limited company
- Registration date
- 2006-11-07
- Business ID registration date
- 2006-11-01
- Business status
- BANKRUPTCY
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Liunantie 19 B, 79600, Joroinen
Phone: +358407276828Source observation
Website: https://www.powersteel.fiSource observation
People and decision-makers
Kuparinen Esa IlmariToimitusjohtaja
About Power Steel Oy
Financial position and key figures for the company.
Power Steel Oy was declared bankrupt 2025-10-31. In its latest retained statement for 2024-12-31, revenue was €679,077 and operating profit was -€57,515. The latest retained financial statement for 2024-12-31 shows revenue of €679,077 and profit for the financial year of -€107,779. Based on the latest retained statement, revenue growth was -54.6%, operating margin was -8.5%, and equity ratio was not currently available.
Extended business activity
A longer directory- or registry-backed activity description that complements the short registry industry label.
Yhtiön toimiala on metallityöstö, teräsrakenneasennukset ja peltityöt. Yhtiö voi toimintaansa varten omistaa ja hallita kiinteää ja irtainta omaisuutta. kiinteistöjen osto, myynti, hallinta ja vuokraustoiminta.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2024-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth-54.6%
Operating margin-8.5%
Revenue€679,077-€818,442 (-54.7%) vs previous periodPrevious: €1,497,519
Operating profit (loss)-€57,515+€4,283 (+6.9%) vs previous periodPrevious: -€61,798
Profit (loss) for the financial year-€107,779+€12,191 (+10.2%) vs previous periodPrevious: -€119,970
Balance-sheet contextLatest financial period
Employees4Previous: 8
Revenue trend5 periods
€1,939,140
2020-12-31
€1,672,501
2021-12-31
€2,745,086
2022-12-31
€1,497,519
2023-12-31
€679,077
2024-12-31
Operating profit (loss) trend5 periods
€235,821
2020-12-31
-€19,593
2021-12-31
-€240,111
2022-12-31
-€61,798
2023-12-31
-€57,515
2024-12-31
Profit (loss) for the financial year trend5 periods
€196,829
2020-12-31
-€23,102
2021-12-31
-€270,228
2022-12-31
-€119,970
2023-12-31
-€107,779
2024-12-31
Assets trend2 periods
€590,249
2020-12-31
€542,679
2021-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioNot assessable
0/100 · Trend unavailable
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginWeak
29/100 · Declining
Ratio history
| Ratio | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Equity ratio | 52.5 % | 53.7 % | - | - | - |
| Current ratio | - | - | - | - | - |
| Operating profit margin | 11.9 % | -1.2 % | -8.7 % | -4.1 % | -8.5 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID2071538-8
EU IDFIFPRO.2071538-8
MunicipalityJoroinen
Current registered entries
2006-11-06Registered in Tax Administration (Tax Administration)
2006-11-07Registered in Patent and Registration Office (Trade Register)
Responsible people
Public role relationships materialized from source observations.
Kuparinen Esa IlmariToimitusjohtajaSources: 3 · Confidence: 78%
Kuparinen Esa IlmariVarsinainen jäsenSources: 2 · Confidence: 78%
Marjo KuokkaniemiHallitus: varajäsenSources: 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
D
High riskPower Steel Oy
Grade unchangedD · new analysis 2026-10-18
29/100
Medium
Limited financial evidenceRegistry and statistics based
Financial development is mostly stable or mixed.
4 comparable periodsProfitabilityVolatile
SolvencyNot enough history
LiquidityNot enough history
Supporting factors
- A newer financial statement filing has been reported
- Long registry continuity
- Lower industry distress context
Risk factors to note
- Severe registry event 6–12 months ago
- Sufficient structured financial metrics are not available
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsD
2026-10-1829/100 · v0.15
D → DD
2026-10-0929/100 · v0.14
Oldest retained automatic assessment in this comparisonD
2026-10-18
open-risk-grade-v0.15
The grade is reduced because of a critical legal status such as bankruptcy or liquidation.
A serious registry signal affects this grade. Review the profile registry and notification details 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 risklow
74/100
Industry context is low based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 19 years of registry continuity.
Registry and status signalsHälyttävä
0/100
Bankruptcy or liquidation status is treated as a critical legal distress signal.
Events & news
Verified events and sourced external company news in one timeline.
Risk grade updatedRisk gradeEvidence verified
9 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Registry timeline
Trade register notifications shown on a timeline.
26 register eventsLatest event: 2025-10-31
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
Power Steel Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.