Business profile

Sons of solar oy

Sons of solar oy was declared bankrupt 2025-12-15. In its latest retained statement for 2024-12-31, revenue was €1,342,676 and operating profit was -€280,376.

Claim profileContact details
Business ID 2890378-9BANKRUPTCYUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2890378-9
Sector
Electrical installation
Municipality
Turku
Company form
Limited company
Registration date
2018-02-08
Business ID registration date
2018-02-05
Business status
BANKRUPTCY
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Tammimäenkatu 10, 20320, Turku

Website: https://sonsofsolar.fiSource observation

About Sons of solar oy

Financial position and key figures for the company.

Sons of solar oy was declared bankrupt 2025-12-15. In its latest retained statement for 2024-12-31, revenue was €1,342,676 and operating profit was -€280,376. The latest retained financial statement for 2024-12-31 shows revenue of €1,342,676 and profit for the financial year of -€307,493. Based on the latest retained statement, revenue growth was -61.9%, operating margin was -20.9%, and equity ratio was -51.8%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2024-12-31

Imported periods2
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-61.9%
Operating margin-20.9%
Equity ratio-51.8%
Revenue€1,342,676-€2,182,533 (-61.9%) vs previous periodPrevious: €3,525,210
Operating profit (loss)-€280,376-€511,591 (-221.3%) vs previous periodPrevious: €231,215
Profit (loss) for the financial year-€307,493-€476,024 (-282.5%) vs previous periodPrevious: €168,531
Assets€208,521-€190,717 (-47.8%) vs previous periodPrevious: €399,238
Balance-sheet contextLatest financial period
Other operating income€13,250Previous: €16,011
Inventory€30,582Previous: €67,107
Cash and bank€17,527Previous: €195,676
Retained earnings€192,894Previous: €24,363
Equity-€108,098Previous: €199,394
Liabilities€316,619Previous: €199,844
Current assets€168,437Previous: €354,393
Current liabilities€273,347Previous: €143,538
Revenue trend2 periods
€3,525,210
2023-12-31
€1,342,676
2024-12-31
Operating profit (loss) trend2 periods
€231,215
2023-12-31
-€280,376
2024-12-31
Profit (loss) for the financial year trend2 periods
€168,531
2023-12-31
-€307,493
2024-12-31
Assets trend2 periods
€399,238
2023-12-31
€208,521
2024-12-31

Financial ratios

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

Equity ratioWeak
0/100 · Declining
-51.8 %2023-12-31: 49.9 %
Current ratioWeak
6/100 · Declining
0.18x2023-12-31: 1.83x
Operating profit marginWeak
0/100 · Declining
-20.7 %2023-12-31: 6.5 %
Ratio history
Ratio2023-12-312024-12-31
Equity ratio49.9 %-51.8 %
Current ratio1.83x0.18x
Operating profit margin6.5 %-20.7 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID2890378-9
EU IDFIFPRO.2890378-9
MunicipalityTurku
Current registered entries
2018-02-08Registered in Patent and Registration Office (Trade Register)
2018-02-13Registered in Tax Administration (Tax Administration)

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 riskSons of solar oy
Grade unchangedD · new analysis 2026-10-18
Model score0/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
2 comparable periods
RevenueDeteriorating
ProfitabilityDeteriorating
SolvencyDeteriorating
LiquidityDeteriorating
Peer comparisonSame industryDescriptive comparison – does not change the model score.
75 peers
Solvency7%
Below 93% of peers
Profitability7%
Below 93% of peers
Liquidity45%
Below 55% of peers
Revenue growth3%
Below 97% of peers
Financial statement reporting patternRegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
2 observed filings
Latest registration lag189 days after period end
Typical registration lag189 days after period end
Annual continuity2 consecutive periods
Supporting factors
  • A newer financial statement filing has been reported
Risk factors to note
  • Negative equity
  • Weak current ratio
  • Negative profitability or net result
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
D
2026-10-180/100 · v0.15
D → D
D
2026-09-22 19:300/100 · v0.14
D → D · -29 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2024-12-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
D
2026-09-1429/100 · 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
2026-09-1329/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeD
Automatic model snapshot2026-10-18
Automatic model versionopen-risk-grade-v0.15
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 riskelevated
38/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 8 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
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.
Risk grade updatedRisk gradeEvidence verified
13 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.

Registry timeline

Trade register notifications shown on a timeline.

27 register eventsLatest event: 2025-12-15

Financial statements availability

Available financial statement periods and PRH source filings.

2 financial statement periodsLatest financial period: 2024-12-31

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

Sons of solar oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.