Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Business profile
Varpe Oy
Varpe Oy's registered office is Turku. It is a limited company. The company was established on 1969-12-05. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2025-12-31, revenue was €3,846,955 and operating profit was -€24,050.
Business ID 0138274-1ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 0138274-1
- Sector
- Construction of residential and non-residential buildings
- Municipality
- Turku
- Company form
- Limited company
- Registration date
- 1969-12-05
- Business ID registration date
- 1978-03-15
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Vanha Kuninkojantie 36, 20320, Turku
Website: https://www.varpe.fiSource observation
About Varpe Oy
Financial position and key figures for the company.
Varpe Oy's location municipality is Turku. It is a limited company. The company was established on 1969-12-05. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2025-12-31, revenue was €3,846,955 and operating profit was -€24,050. The latest retained financial statement for 2025-12-31 shows revenue of €3,846,955 and profit for the financial year of -€17,244. Based on the latest retained statement, revenue growth was +77.9%, operating margin was -0.6%, and equity ratio was +64.2%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
1
1
PRH/XBRL financial statement
Derived indicators
Revenue growth77.9%
Operating margin-0.6%
Equity ratio64.2%
Balance-sheet contextLatest financial period
Other operating income€12,537Previous: €17,410
Inventory€671,225Previous: €2,200,726
Cash and bank€147,816Previous: €362,763
Advances received€2,188Previous: €1,909,250
Retained earnings€980,620Previous: €1,091,144
Equity€971,785Previous: €989,029
Liabilities€540,839Previous: €2,920,195
Current assets€991,384Previous: €3,385,662
Current liabilities€540,839Previous: €2,917,795
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioGood
80/100 · Improving
Current ratioSatisfactory
50/100 · Improving
Operating profit marginWeak
48/100 · Improving
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID0138274-1
VAT IDFI01382741
EU IDFIFPRO.0138274-1
MunicipalityTurku
Current registered entries
1969-12-05Registered in Patent and Registration Office (Trade Register)
1970-03-01Registered in Tax Administration (Employer Register)
1978-03-15Registered in Tax Administration (Tax Administration)
1994-06-01VAT-liable for business activity in Tax Administration (VAT Register)
1995-03-01Registered in Tax Administration (Prepayment 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
B1
StableVarpe Oy
Grade unchangedB1 · new analysis 2026-10-02
67/100
Medium
Usable financial evidenceFinancial data included
National Tier 1 comparisonDescriptive comparison – does not change the model score.
124 peersSolvency58%
Better than 58% of peers
Profitability23%
Below 77% of peers
Liquidity72%
Better than 72% of peers
Limited evidenceBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
1 observed filings115 days after period end
115 days after period end
1 consecutive periods
Supporting factors
- Strong equity ratio
- Healthy short-term liquidity
- Active registered status
Risk factors to note
- Negative profitability or net result
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessmentsB1
2026-10-02 04:4867/100 · v0.14
B1 → B1 · +7 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-12-31).
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
B1
2026-09-1560/100 · v0.14
B2 → B1 · +3 points- 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
2026-09-1457/100 · v0.12
Oldest retained automatic assessment in this comparisonB1
2026-10-02
open-risk-grade-v0.14
The grade can use open digital financial statement data together with registry signals.
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
97/100
The company has about 56 years of registry continuity.
Registry and status signalsVakaa
81/100
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
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
17 register eventsLatest event: 2026-04-25
Financial statements availability
Available financial statement periods and PRH source filings.
1 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
Varpe Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.