Business profile

TH Solutions Oy

TH Solutions Oy's registered office is Varkaus. It is a limited company. The company was established on 2015-05-26. It operates in the industry of manufacture of metal structures and parts of structures. In its latest retained statement for 2023-10-31, revenue was €135,346 and operating profit was €19,004.

Business ID 2689822-6ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2689822-6
Sector
Manufacture of metal structures and parts of structures
Municipality
Varkaus
Company form
Limited company
Registration date
2015-05-26
Business ID registration date
2015-05-07
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Mestarintie 5, 78200, Varkaus

Phone: +358440421587Source observation

People and decision-makers

Turunen Mika PetteriToimitusjohtaja

About TH Solutions Oy

Financial position and key figures for the company.

TH Solutions Oy's location municipality is Varkaus. It is a limited company. The company was established on 2015-05-26. It operates in the industry of manufacture of metal structures and parts of structures. In its latest retained statement for 2023-10-31, revenue was €135,346 and operating profit was €19,004. The latest retained financial statement for 2023-10-31 shows revenue of €135,346 and profit for the financial year of €15,198. Based on the latest retained statement, revenue growth was +450.9%, operating margin was +13.3%, and equity ratio was +34.1%.

Financial highlights

Key figures from the latest financial period.

Latest financial period

2023-10-31

Imported periods0
PRH parsed0
Profile sourceEnriched source observation
Derived indicators
Revenue growth450.9%
Operating margin13.3%
Equity ratio34.1%
Revenue€135,346+€110,778 (+450.9%) vs previous periodPrevious: €24,568
Operating profit (loss)€19,004+€18,097 (+1996.3%) vs previous periodPrevious: €907
Profit (loss) for the financial year€15,198+€14,473 (+1996.3%) vs previous periodPrevious: €725
Assets€53,360+€35,480 (+198.4%) vs previous periodPrevious: €17,880
Balance-sheet contextLatest financial period
Profit before taxes€19,003Previous: €906
Employees10Previous: 1
Revenue trend5 periods
€0
2019-10-31
€0
2020-10-31
€0
2021-10-31
€24,568
2022-10-31
€135,346
2023-10-31
Operating profit (loss) trend5 periods
€0
2019-10-31
€0
2020-10-31
€0
2021-10-31
€907
2022-10-31
€19,004
2023-10-31
Profit (loss) for the financial year trend5 periods
€0
2019-10-31
€0
2020-10-31
€0
2021-10-31
€725
2022-10-31
€15,198
2023-10-31
Assets trend5 periods
€2,298
2019-10-31
€2,298
2020-10-31
€2,298
2021-10-31
€17,880
2022-10-31
€53,360
2023-10-31

Financial ratios

Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.

Equity ratioSatisfactory
43/100 · Improving
34.1 %2022-10-31: 16.9 %
Current ratioNot assessable
0/100 · Trend unavailable
Not available2022-10-31: Ei saatavilla
Operating profit marginGood
83/100 · Improving
13.3 %2022-10-31: 3.7 %
Ratio history
Ratio2019-10-312020-10-312021-10-312022-10-312023-10-31
Equity ratio--100.0 %16.9 %34.1 %
Current ratio-----
Operating profit margin---3.7 %13.3 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2689822-6
VAT IDFI26898226
EU IDFIFPRO.2689822-6
MunicipalityVarkaus
Current registered entries
2015-05-26Registered in Tax Administration (Tax Administration)
2015-05-26Registered in Patent and Registration Office (Trade Register)
2022-07-05VAT-liable for business activity in Tax Administration (VAT Register)
2022-07-05Registered in Tax Administration (Prepayment Register)

Responsible people

Public role relationships materialized from source observations.

Turunen Mika PetteriToimitusjohtajaSources: 4 · Confidence: 78%
Holopainen Mikko KalervoPuheenjohtajaSources: 4 · Confidence: 78%
Turunen Mika PetteriVarsinainen jäsenSources: 2 · Confidence: 78%
Henna HolopainenHallitus: varajäsenSources: 1 · Confidence: 76%

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
B1
StableTH Solutions Oy
Model score69/100
Assessment confidenceLow
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators show coordinated recovery.
4 comparable periods
RevenueImproving
ProfitabilityImproving
SolvencyVolatile
LiquidityNot enough history
Peer comparisonSame industryDescriptive comparison – does not change the model score.
70 peers
Solvency30%
Below 70% of peers
Profitability84%
Better than 84% of peers
Revenue growth100%
Better than 100% of peers
Supporting factors
  • Strong operating profitability
  • Coordinated recovery across 2 financial domains
  • Active registered status
Risk factors to note
  • Parsed financial metrics are older than the newest reported filing
  • Elevated industry distress context
Automatic model gradeB1
Automatic model snapshot2026-10-15
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 riskhigh
31/100

Industry context is high based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 11 years of registry continuity.

Registry and status signalsSeurattava
61/100

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
15 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.

Registry timeline

Trade register notifications shown on a timeline.

10 register eventsLatest event: 2024-04-17

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