Business profile

Th-Air Oy

Th-Air Oy's registered office is Borgå. It is a limited company. The company was established on 2020-06-08. It operates in the industry of plumbing, heat and air-conditioning installation. In its latest retained statement for 2025-12-31, revenue was €397,259 and operating profit was €46,963.

Claim profileContact details
Business ID 3139000-5ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
3139000-5
Sector
Plumbing, heat and air-conditioning installation
Municipality
Borgå
Company form
Limited company
Registration date
2020-06-08
Business ID registration date
2020-05-30
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Yrittäjänkatu 8 C, 06150, Borgå

Postal address: Veckjärventie 544, 07310, Sannainen

About Th-Air Oy

Financial position and key figures for the company.

Th-Air Oy's location municipality is Borgå. It is a limited company. The company was established on 2020-06-08. It operates in the industry of plumbing, heat and air-conditioning installation. In its latest retained statement for 2025-12-31, revenue was €397,259 and operating profit was €46,963. The latest retained financial statement for 2025-12-31 shows revenue of €397,259 and profit for the financial year of €32,271. Based on the latest retained statement, revenue growth was +73.2%, operating margin was +11.8%, and equity ratio was +30.9%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-12-31

Imported periods5
PRH parsed3
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth73.2%
Operating margin11.8%
Equity ratio30.9%
Revenue€397,259+€167,934 (+73.2%) vs previous periodPrevious: €229,325
Operating profit (loss)€46,963+€26,720 (+132.0%) vs previous periodPrevious: €20,243
Profit (loss) for the financial year€32,271+€19,112 (+145.2%) vs previous periodPrevious: €13,159
Assets€169,386+€82,721 (+95.4%) vs previous periodPrevious: €86,665
Balance-sheet contextLatest financial period
Inventory€4,500Previous: €0
Cash and bank€42,657Previous: €48,215
Retained earnings€20,076Previous: €8,661
Equity€52,347Previous: €21,820
Liabilities€117,039Previous: €64,844
Current assets€87,798Previous: €55,555
Current liabilities€33,953Previous: €25,723
Revenue trend3 periods
€146,480
2023-12-31
€229,325
2024-12-31
€397,259
2025-12-31
Operating profit (loss) trend3 periods
€2,216
2023-12-31
€20,243
2024-12-31
€46,963
2025-12-31
Profit (loss) for the financial year trend3 periods
-€321
2023-12-31
€13,159
2024-12-31
€32,271
2025-12-31
Assets trend3 periods
€72,555
2023-12-31
€86,665
2024-12-31
€169,386
2025-12-31

Financial ratios

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

Equity ratioSatisfactory
39/100 · Improving
30.9 %2024-12-31: 25.2 %
Current ratioSatisfactory
46/100 · Declining
1.39x2024-12-31: 1.87x
Operating profit marginGood
80/100 · Improving
11.8 %2024-12-31: 8.8 %
Ratio history
Ratio2023-12-312024-12-312025-12-31
Equity ratio13.0 %25.2 %30.9 %
Current ratio0.89x1.87x1.39x
Operating profit margin1.5 %8.8 %11.8 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID3139000-5
VAT IDFI31390005
EU IDFIFPRO.3139000-5
MunicipalityBorgå
Current registered entries
2020-05-28VAT-liable for business activity in Tax Administration (VAT Register)
2020-05-30Registered in Tax Administration (Prepayment Register)
2020-06-08Registered in Tax Administration (Tax Administration)
2020-06-08Registered in Patent and Registration Office (Trade Register)
2025-07-01Registered 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
A3
GoodTh-Air Oy
Grade upgradedB2 → A3 · new analysis 2026-09-20
Model score71/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators show coordinated recovery.
3 comparable periods
RevenueImproving · 2 consecutive periods
ProfitabilityImproving · 2 consecutive periods
SolvencyImproving · 2 consecutive periods
LiquidityVolatile
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
306 peers
Solvency35%
Below 65% of peers
Profitability61%
Better than 61% of peers
Liquidity66%
Better than 66% of peers
Revenue growth91%
Better than 91% 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.
4 observed filings
Latest registration lag27 days after period end
Typical registration lag30 days after period end
Annual continuity4 consecutive periods
Supporting factors
  • Strong operating profitability
  • Coordinated recovery across 3 financial domains
  • Active registered status
Risk factors to note
  • Elevated industry distress context
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
A3
2026-09-20 18:5471/100 · v0.14
B2 → A3 · +17 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.
B2
2026-09-1454/100 · v0.14
B2 → B2
B2
2026-09-1454/100 · v0.13
B2 → B2
  • 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
2026-09-1354/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeA3
Automatic model snapshot2026-09-20
Automatic model versionopen-risk-grade-v0.14
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
38/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 6 years of registry continuity.

Registry and status signalsSeurattava
63/100

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
20 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2 → A3.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.

Registry timeline

Trade register notifications shown on a timeline.

12 register eventsLatest event: 2026-01-27

Financial statements availability

Available financial statement periods and PRH source filings.

5 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

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