Business profile

State of Race Oy

State of Race Oy's registered office is Purola. It is a limited company. The company was established on 2012-05-11. It operates in the industry of installation of industrial machinery and equipment. In its latest retained statement for 2025-09-30, revenue was €567,190 and operating profit was €16,321.

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Business ID 2475314-6ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2475314-6
Sector
Installation of industrial machinery and equipment
Municipality
Purola
Company form
Limited company
Registration date
2012-05-11
Business ID registration date
2012-04-25
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Käkikuja 67, 49240, Purola

About State of Race Oy

Financial position and key figures for the company.

State of Race Oy's location municipality is Purola. It is a limited company. The company was established on 2012-05-11. It operates in the industry of installation of industrial machinery and equipment. In its latest retained statement for 2025-09-30, revenue was €567,190 and operating profit was €16,321. The latest retained financial statement for 2025-09-30 shows revenue of €567,190 and profit for the financial year of €275. Based on the latest retained statement, revenue growth was +219.1%, operating margin was +2.9%, and equity ratio was +12.3%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-09-30

Imported periods5
PRH parsed3
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth219.1%
Operating margin2.9%
Equity ratio12.3%
Revenue€567,190+€389,454 (+219.1%) vs previous periodPrevious: €177,736
Operating profit (loss)€16,321+€10,018 (+158.9%) vs previous periodPrevious: €6,304
Profit (loss) for the financial year€275-€1,203 (-81.4%) vs previous periodPrevious: €1,478
Assets€136,109+€62,199 (+84.2%) vs previous periodPrevious: €73,910
Balance-sheet contextLatest financial period
Other operating income€2,020Previous: €6,800
Cash and bank€8,193Previous: €3
Retained earnings€13,935Previous: €13,511
Equity€16,710Previous: €17,489
Liabilities€119,399Previous: €56,421
Current assets€127,191Previous: €70,075
Current liabilities€119,399Previous: €51,453
Revenue trend3 periods
€218,403
2023-09-30
€177,736
2024-09-30
€567,190
2025-09-30
Operating profit (loss) trend3 periods
€2,320
2023-09-30
€6,304
2024-09-30
€16,321
2025-09-30
Profit (loss) for the financial year trend3 periods
-€2,470
2023-09-30
€1,478
2024-09-30
€275
2025-09-30
Assets trend3 periods
€50,354
2023-09-30
€73,910
2024-09-30
€136,109
2025-09-30

Financial ratios

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

Equity ratioWeak
15/100 · Declining
12.3 %2024-09-30: 23.7 %
Current ratioWeak
2/100 · Improving
0.07x2024-09-30: 0.00x
Operating profit marginPassable
57/100 · Declining
2.9 %2024-09-30: 3.4 %
Ratio history
Ratio2023-09-302024-09-302025-09-30
Equity ratio31.8 %23.7 %12.3 %
Current ratio0.71x0.00x0.07x
Operating profit margin1.1 %3.4 %2.9 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2475314-6
VAT IDFI24753146
EU IDFIFPRO.2475314-6
MunicipalityPurola
Current registered entries
2012-04-23Registered in Tax Administration (Prepayment Register)
2012-05-01VAT-liable for business activity in Tax Administration (VAT Register)
2012-05-11Registered in Tax Administration (Tax Administration)
2012-05-11Registered in Patent and Registration Office (Trade Register)
2017-01-01Registered 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
B2
SatisfactoryState of Race Oy
Grade unchangedB2 · new analysis 2026-10-17
Model score52/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
3 comparable periods
RevenueVolatile
ProfitabilityStable
SolvencyDeteriorating · 2 consecutive periods
LiquidityDeteriorating
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
2059 peers
Solvency21%
Below 79% of peers
Profitability38%
Below 62% of peers
Liquidity32%
Below 68% of peers
Revenue growth97%
Better than 97% of peers
Financial statement reporting patternMixedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
3 observed filings
Latest registration lag275 days after period end
Typical registration lag177 days after period end
Annual continuity3 consecutive periods
Supporting factors
  • Active registered status
  • Long registry continuity
Risk factors to note
  • Weak current ratio
  • High balance-sheet leverage
  • Coordinated deterioration across 2 financial domains
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
B2
2026-10-1752/100 · v0.15
B2 → B2
B2
2026-09-18 11:0752/100 · v0.14
B1 → B2 · -9 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-09-30).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
B1
2026-09-1461/100 · v0.14
B1 → B1
B1
2026-09-1461/100 · v0.13
Oldest retained automatic assessment in this comparison
Automatic model gradeB2
Automatic model snapshot2026-10-17
Automatic model versionopen-risk-grade-v0.15
Financial data included

The grade can use open digital financial statement data together with registry signals.

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
43/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 14 years of registry continuity.

Registry and status signalsSeurattava
74/100

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
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.
Risk grade updatedRisk gradeEvidence verified
18 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → B2.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.

Registry timeline

Trade register notifications shown on a timeline.

15 register eventsLatest event: 2025-03-26

Financial statements availability

Available financial statement periods and PRH source filings.

5 financial statement periodsLatest financial period: 2025-09-30

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

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