Business profile

Velvet Group Oy

Velvet Group Oy's registered office is Helsingfors. It is a limited company. The company was established on 2016-08-04. It operates in the industry of hairdressing and barber activities. In its latest retained statement for 2022-12-31, revenue was €112,522 and operating profit was -€1,297.

Claim profileContact details
Business ID 2772875-5ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2772875-5
Sector
Hairdressing and barber activities
Municipality
Helsingfors
Company form
Limited company
Registration date
2016-08-04
Business ID registration date
2016-07-21
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Albertinkatu 17, 00120, Helsingfors

Postal address: Metsänhoitajanraitti 1 A 3, 00790, Helsingfors

Website: https://www.mecorner.fiSource observation

About Velvet Group Oy

Financial position and key figures for the company.

Velvet Group Oy's location municipality is Helsingfors. It is a limited company. The company was established on 2016-08-04. It operates in the industry of hairdressing and barber activities. In its latest retained statement for 2022-12-31, revenue was €112,522 and operating profit was -€1,297. The latest retained financial statement for 2022-12-31 shows revenue of €112,522 and profit for the financial year of -€5,719. Based on the latest retained statement, revenue growth was -45.9%, operating margin was -1.2%, and equity ratio was +6.2%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2022-12-31

Imported periods3
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-45.9%
Operating margin-1.2%
Equity ratio6.2%
Revenue€112,522-€95,319 (-45.9%) vs previous periodPrevious: €207,841
Operating profit (loss)-€1,297-€13,289 (-110.8%) vs previous periodPrevious: €11,992
Profit (loss) for the financial year-€5,719-€10,085 (-231.0%) vs previous periodPrevious: €4,366
Assets€40,586-€33,704 (-45.4%) vs previous periodPrevious: €74,289
Balance-sheet contextLatest financial period
Other operating income€25,960Previous: €930
Inventory€6,293Previous: €14,796
Cash and bank€1,828Previous: €4,432
Advances received€3,000Previous: €0
Retained earnings-€9,266Previous: -€13,632
Equity€2,515Previous: €8,234
Liabilities€38,071Previous: €66,056
Current assets€24,838Previous: €53,292
Current liabilities€15,791Previous: €38,576
Revenue trend2 periods
€207,841
2021-12-31
€112,522
2022-12-31
Operating profit (loss) trend2 periods
€11,992
2021-12-31
-€1,297
2022-12-31
Profit (loss) for the financial year trend2 periods
€4,366
2021-12-31
-€5,719
2022-12-31
Assets trend2 periods
€74,289
2021-12-31
€40,586
2022-12-31

Financial ratios

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

Equity ratioWeak
8/100 · Declining
6.7 %2021-12-31: 11.1 %
Current ratioPassable
17/100 · Improving
0.51x2021-12-31: 0.50x
Operating profit marginWeak
48/100 · Declining
-0.9 %2021-12-31: 5.7 %
Ratio history
Ratio2021-12-312022-12-31
Equity ratio11.1 %6.7 %
Current ratio0.50x0.51x
Operating profit margin5.7 %-0.9 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2772875-5
VAT IDFI27728755
EU IDFIFPRO.2772875-5
MunicipalityHelsingfors
Current registered entries
2016-08-04Registered in Patent and Registration Office (Trade Register)
2016-08-10Registered in Tax Administration (Tax Administration)
2016-08-17VAT-liable for business activity in Tax Administration (VAT Register)
2016-08-17Registered in Tax Administration (Prepayment Register)
2019-09-23Registered 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
B3
MonitorVelvet Group Oy
Grade unchangedB3 · new analysis 2026-10-17
Model score40/100
Assessment confidenceLow
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
3 comparable periods
RevenueDeteriorating
ProfitabilityDeteriorating
SolvencyStable
LiquidityStable
Peer comparisonSame industry and sizeDescriptive comparison – does not change the model score.
78 peers
Solvency23%
Below 77% of peers
Profitability18%
Below 82% of peers
Liquidity48%
Close to the peer-group midpoint
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.
3 observed filings
Latest registration lag132 days after period end
Typical registration lag183 days after period end
Annual continuity3 consecutive periods
Supporting factors
  • Active registered status
  • A newer financial statement filing has been reported
  • Long registry continuity
Risk factors to note
  • Parsed financial metrics are older than the newest reported filing
  • Weak current ratio
  • Negative profitability or net result
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
B3
2026-10-1740/100 · v0.15
B3 → B3
B3
2026-09-23 17:4040/100 · v0.14
A3 → B3 · -35 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2022-12-31).
  • Assessment confidence: Medium → Low.
  • Evidence quality: Registry and statistical evidence → Usable financial evidence.
A3
2026-09-1575/100 · v0.14
B1 → A3 · +12 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.
B1
2026-09-1363/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB3
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.

A serious financial risk signal affects this grade. Review the profile financial indicators 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 risklow
77/100

Industry context is low based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 10 years of registry continuity.

Registry and status signalsSeurattava
72/100

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 B3.
Risk grade updatedRisk gradeEvidence verified
23 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3 → B3.
Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.
Risk grade updatedRisk gradeEvidence verified
13 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.

Registry timeline

Trade register notifications shown on a timeline.

15 register eventsLatest event: 2025-08-05

Financial statements availability

Available financial statement periods and PRH source filings.

3 financial statement periodsLatest financial period: 2022-12-31

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

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