Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A2.Business profile
Puusepänliike Hangasvaara Oy
Puusepänliike Hangasvaara Oy's registered office is Kittilä. It is a limited partnership. The company was established on 1990-12-12. It operates in the industry of manufacture of furniture. In its latest retained statement for 2025-12-31, revenue was €2,023,303 and operating profit was €189,386.
Business ID 0843086-5ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 0843086-5
- Sector
- Manufacture of furniture
- Municipality
- Kittilä
- Company form
- Limited partnership
- Registration date
- 1990-12-12
- Business ID registration date
- 1991-05-28
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Kuusitie 6, 99100, Kittilä
Website: https://www.hangasvaara.fiSource observation
About Puusepänliike Hangasvaara Oy
Financial position and key figures for the company.
Puusepänliike Hangasvaara Oy's location municipality is Kittilä. It is a limited partnership. The company was established on 1990-12-12. It operates in the industry of manufacture of furniture. In its latest retained statement for 2025-12-31, revenue was €2,023,303 and operating profit was €189,386. The latest retained financial statement for 2025-12-31 shows revenue of €2,023,303 and profit for the financial year of €143,027. Based on the latest retained statement, revenue growth was +3.5%, operating margin was +9.4%, and equity ratio was +94.2%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
7
2
PRH/XBRL financial statement
Derived indicators
Revenue growth3.5%
Operating margin9.4%
Equity ratio94.2%
Balance-sheet contextLatest financial period
Other operating income€34,420Previous: €26,877
Inventory€337,299Previous: €362,983
Cash and bank€544,265Previous: €835,352
Retained earnings€2,278,239Previous: €2,207,854
Equity€2,423,766Previous: €2,479,064
Liabilities€148,096Previous: €403,493
Current assets€1,156,723Previous: €1,675,092
Current liabilities€146,263Previous: €374,531
Revenue trend2 periods
€1,955,508
2024-12-31
€2,023,303
2025-12-31
Operating profit (loss) trend2 periods
€333,191
2024-12-31
€189,386
2025-12-31
Profit (loss) for the financial year trend2 periods
€268,710
2024-12-31
€143,027
2025-12-31
Assets trend2 periods
€2,882,557
2024-12-31
€2,571,862
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioGood
100/100 · Improving
Current ratioGood
100/100 · Improving
Operating profit marginSatisfactory
73/100 · Declining
Ratio history
| Ratio | 2024-12-31 | 2025-12-31 |
|---|---|---|
| Equity ratio | 86.0 % | 94.2 % |
| Current ratio | 3.20x | 6.03x |
| Operating profit margin | 16.8 % | 9.2 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID0843086-5
VAT IDFI08430865
EU IDFIFPRO.0843086-5
MunicipalityKittilä
Current registered entries
1990-12-12Registered in Patent and Registration Office (Trade Register)
1991-05-28Registered in Tax Administration (Tax Administration)
1994-06-01VAT-liable for business activity in Tax Administration (VAT Register)
1995-03-01Registered in Tax Administration (Prepayment Register)
1998-03-01Registered 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
A2
Very goodPuusepänliike Hangasvaara Oy
Grade unchangedA2 · new analysis 2026-10-18
81/100
High
Strong financial evidenceFinancial data included
Financial development is mostly stable or mixed.
3 comparable periodsRevenueStable
SolvencyImproving
LiquidityImproving
Same size nationallyDescriptive comparison – does not change the model score.
92 peersSolvency95%
Better than 95% of peers
Profitability70%
Better than 70% of peers
Liquidity95%
Better than 95% of peers
Revenue growth57%
Better than 57% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings254 days after period end
238 days after period end
4 consecutive periods
Supporting factors
- Strong equity ratio
- Strong operating profitability
- Healthy short-term liquidity
Risk factors to note
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsA2
2026-10-1881/100 · v0.15
A2 → A2A2
2026-09-23 04:0181/100 · v0.14
B1 → A2 · +16 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.
B1
2026-09-1565/100 · v0.14
B2 → B1 · +6 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.
B2
2026-09-1359/100 · v0.12
Oldest retained automatic assessment in this comparisonA2
2026-10-18
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 35 years of registry continuity.
Registry and status signalsVakaa
88/100
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
23 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → A2.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 B2.Financial statement availableFinancialEvidence verified
11 Sept 2026 · PRH / XBRLFinancial period ends 2025-12-31.Registry timeline
Trade register notifications shown on a timeline.
21 register eventsLatest event: 2026-09-11
Financial statements availability
Available financial statement periods and PRH source filings.
7 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
Puusepänliike Hangasvaara Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.