Business profile

Sasetec Oy

Sasetec Oy was placed into liquidation 2025-03-27. In its latest retained statement for 2025-05-31, revenue was €329,407 and operating profit was €18,052.

Business ID 1710953-9LIQUIDATIONUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
1710953-9
Sector
Construction of residential and non-residential buildings
Municipality
Hyvinkää
Company form
Limited company
Registration date
2001-07-26
Business ID registration date
2001-06-07
Business status
LIQUIDATION
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Hämeenkatu 12 as. 9, 05800, Hyvinkää

About Sasetec Oy

Financial position and key figures for the company.

Sasetec Oy was placed into liquidation 2025-03-27. In its latest retained statement for 2025-05-31, revenue was €329,407 and operating profit was €18,052. The latest retained financial statement for 2025-05-31 shows revenue of €329,407 and profit for the financial year of €775. Based on the latest retained statement, revenue growth was -54.0%, operating margin was +5.5%, and equity ratio was +62.0%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-05-31

Imported periods2
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-54.0%
Operating margin5.5%
Equity ratio62.0%
Revenue€329,407-€386,749 (-54.0%) vs previous periodPrevious: €716,156
Operating profit (loss)€18,052-€56,380 (-75.7%) vs previous periodPrevious: €74,431
Profit (loss) for the financial year€775-€48,566 (-98.4%) vs previous periodPrevious: €49,341
Assets€510,130-€62,368 (-10.9%) vs previous periodPrevious: €572,498
Balance-sheet contextLatest financial period
Other operating income€0Previous: €6,223
Cash and bank€160,136Previous: €138,505
Retained earnings€307,217Previous: €272,876
Equity€316,401Previous: €330,626
Liabilities€193,729Previous: €241,871
Current assets€232,038Previous: €277,477
Current liabilities€42,589Previous: €79,371
Revenue trend2 periods
€922,073
2023-05-31
€329,407
2025-05-31
Operating profit (loss) trend2 periods
€183,190
2023-05-31
€18,052
2025-05-31
Profit (loss) for the financial year trend2 periods
€58,771
2023-05-31
€775
2025-05-31
Assets trend2 periods
€592,278
2023-05-31
€510,130
2025-05-31

Financial ratios

Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.

Equity ratioGood
78/100 · Improving
62.0 %2023-05-31: 51.5 %
Current ratioGood
100/100 · Improving
3.76x2023-05-31: 0.68x
Operating profit marginSatisfactory
64/100 · Declining
5.5 %2023-05-31: 19.9 %
Ratio history
Ratio2023-05-312025-05-31
Equity ratio51.5 %62.0 %
Current ratio0.68x3.76x
Operating profit margin19.9 %5.5 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusLIQUIDATION
Trade RegisterRegistered
Business ID1710953-9
VAT IDFI17109539
EU IDFIFPRO.1710953-9
MunicipalityHyvinkää
Current registered entries
2001-05-16VAT-liable for business activity in Tax Administration (VAT Register)
2001-06-07Registered in Tax Administration (Prepayment Register)
2001-07-12Registered in Tax Administration (Tax Administration)
2001-07-26Registered in Patent and Registration Office (Trade Register)
2003-01-01Registered 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
D
High riskSasetec Oy
Grade unchangedD · new analysis 2026-10-05
Model score29/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
356 peers
Solvency62%
Better than 62% of peers
Profitability46%
Close to the peer-group midpoint
Liquidity86%
Better than 86% of peers
Revenue growth1%
Below 99% of peers
Financial statement reporting patternDelayedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
2 observed filings
Latest registration lag334 days after period end
Typical registration lag230 days after period end
Annual continuity1 consecutive periods
Supporting factors
  • Strong equity ratio
  • Healthy short-term liquidity
  • A newer financial statement filing has been reported
Risk factors to note
  • Sharp year-over-year revenue drop
  • Severe registry event 12–24 months ago
  • Elevated industry distress context
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessments
D
2026-10-05 21:5129/100 · v0.14
D → D
  • 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.
D
2026-09-1529/100 · v0.14
D → D
  • Assessment confidence: Low → Medium.
  • Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
  • New risk factor: Sufficient structured financial metrics are not available.
D
2026-09-1429/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeD
Automatic model snapshot2026-10-05
Automatic model versionopen-risk-grade-v0.14
Financial data included

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.

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 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
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.

Registry timeline

Trade register notifications shown on a timeline.

17 register eventsLatest event: 2025-09-05

Financial statements availability

Available financial statement periods and PRH source filings.

2 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

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