Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
Puuwatti Oy
Puuwatti Oy was declared bankrupt 2021-03-30. In its latest retained statement for 2024-12-31, revenue was €896,574 and operating profit was €30,845.
Business ID 1713705-4BANKRUPTCYUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1713705-4
- Sector
- Steam and air conditioning supply
- Municipality
- Linnavuori
- Company form
- Cooperative
- Registration date
- 2001-09-27
- Business ID registration date
- 2001-07-09
- Business status
- BANKRUPTCY
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Vuorenhovintie 2, 37240, Linnavuori
Phone: +358505975705Source observation
Email: [email protected]Source observation
Website: https://www.puuwatti.fiSource observation
People and decision-makers
Alanen Veli-MattiToimitusjohtaja
About Puuwatti Oy
Financial position and key figures for the company.
Puuwatti Oy was declared bankrupt 2021-03-30. In its latest retained statement for 2024-12-31, revenue was €896,574 and operating profit was €30,845. The latest retained financial statement for 2024-12-31 shows revenue of €896,574 and profit for the financial year of -€18,185. Based on the latest retained statement, revenue growth was +3.5%, operating margin was +3.4%, and equity ratio was -8.9%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2024-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth3.5%
Operating margin3.4%
Equity ratio-8.9%
Revenue€896,574+€30,519 (+3.5%) vs previous periodPrevious: €866,055
Operating profit (loss)€30,845+€47,170 (+289.0%) vs previous periodPrevious: -€16,325
Profit (loss) for the financial year-€18,185+€45,980 (+71.7%) vs previous periodPrevious: -€64,165
Assets€1,241,060+€33,761 (+2.8%) vs previous periodPrevious: €1,207,299
Balance-sheet contextLatest financial period
Profit before taxes-€18,185Previous: -€64,165
Employees3Previous: 2
Revenue trend4 periods
€690,748
2021-12-31
€744,540
2022-12-31
€866,055
2023-12-31
€896,574
2024-12-31
Operating profit (loss) trend4 periods
€16,018
2021-12-31
€97,611
2022-12-31
-€16,325
2023-12-31
€30,845
2024-12-31
Profit (loss) for the financial year trend4 periods
-€6,870
2021-12-31
€42,562
2022-12-31
-€64,165
2023-12-31
-€18,185
2024-12-31
Assets trend4 periods
€1,125,511
2021-12-31
€1,109,971
2022-12-31
€1,207,299
2023-12-31
€1,241,060
2024-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioWeak
0/100 · Declining
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginSatisfactory
59/100 · Improving
Ratio history
| Ratio | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Equity ratio | -3.2 % | -2.1 % | -7.5 % | -8.9 % |
| Current ratio | - | - | - | - |
| Operating profit margin | 2.3 % | 13.1 % | -1.9 % | 3.4 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID1713705-4
VAT IDFI17137054
EU IDFIFPRO.1713705-4
MunicipalityLinnavuori
Current registered entries
2001-06-11VAT-liable for business activity in Tax Administration (VAT Register)
2001-07-13Registered in Tax Administration (Tax Administration)
2001-09-27Registered in Patent and Registration Office (Trade Register)
2009-10-01Registered in Tax Administration (Employer Register)
2021-11-10Registered in Tax Administration (Prepayment Register)
Responsible people
Public role relationships materialized from source observations.
Alanen Veli-MattiToimitusjohtajaSources: 4 · Confidence: 78%
Hiitelä Juha MattiPuheenjohtajaSources: 4 · Confidence: 78%
Vaittinen Antti Juha TapaniVarajäsenSources: 2 · Confidence: 78%
Mikko LiljaPäävastuullinen tilintarkastajaSources: 1 · Confidence: 76%
Alanen Veli-MattiVarsinainen jäsenSources: 1 · Confidence: 72%
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 riskPuuwatti Oy
Grade unchangedD · new analysis 2026-10-18
29/100
Medium
Usable financial evidenceFinancial data included
Financial development is mostly stable or mixed.
4 comparable periodsRevenueImproving
ProfitabilityVolatile
LiquidityNot enough history
Same size nationallyDescriptive comparison – does not change the model score.
4782 peersSolvency11%
Below 89% of peers
Profitability40%
Below 60% of peers
Revenue growth64%
Better than 64% of peers
Supporting factors
- A newer financial statement filing has been reported
- Long registry continuity
- Lower industry distress context
Risk factors to note
- Negative equity
- Negative profitability or net result
- Losses in the latest and previous available periods
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
3 assessmentsD
2026-10-1829/100 · v0.15
D → D- Risk factor cleared: High balance-sheet leverage.
D
2026-09-1529/100 · v0.14
D → D- Revenue: Improving
- Profitability: Volatile
- Solvency: Deteriorating
D
2026-09-1429/100 · v0.12
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
79/100
Industry context is low based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 25 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
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Registry timeline
Trade register notifications shown on a timeline.
23 register eventsLatest event: 2025-12-19
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
Puuwatti Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.