Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
VSJ Steel Oy
VSJ Steel Oy was declared bankrupt 2025-10-02. In its latest retained statement for 2023-12-31, revenue was €2,556,288 and operating profit was €195,588.
Business ID 2934855-3BANKRUPTCYUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2934855-3
- Sector
- Manufacture of metal structures and parts of structures
- Municipality
- Helsingfors
- Company form
- Limited company
- Registration date
- 2018-09-13
- Business ID registration date
- 2018-08-28
- Business status
- BANKRUPTCY
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Aittatie 5 A, 00390, Helsingfors
About VSJ Steel Oy
Financial position and key figures for the company.
VSJ Steel Oy was declared bankrupt 2025-10-02. In its latest retained statement for 2023-12-31, revenue was €2,556,288 and operating profit was €195,588. The latest retained financial statement for 2023-12-31 shows revenue of €2,556,288 and profit for the financial year of €168,690. Based on the latest retained statement, revenue growth was -7.1%, operating margin was +7.7%, and equity ratio was +20.8%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2023-12-31
3
2
PRH/XBRL financial statement
Derived indicators
Revenue growth-7.1%
Operating margin7.7%
Equity ratio20.8%
Balance-sheet contextLatest financial period
Other operating income€255,482Previous: €18,113
Inventory€80,489Previous: €191,082
Cash and bank€27,254Previous: €63,411
Retained earnings-€150,623Previous: -€58,738
Equity€108,260Previous: -€60,431
Liabilities€412,330Previous: €592,486
Current assets€477,664Previous: €477,057
Current liabilities€362,530Previous: €592,486
Revenue trend2 periods
€2,751,768
2022-12-31
€2,556,288
2023-12-31
Operating profit (loss) trend2 periods
-€80,885
2022-12-31
€195,588
2023-12-31
Profit (loss) for the financial year trend2 periods
-€91,885
2022-12-31
€168,690
2023-12-31
Assets trend2 periods
€532,055
2022-12-31
€520,590
2023-12-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioPassable
26/100 · Improving
Current ratioWeak
10/100 · Declining
Operating profit marginSatisfactory
67/100 · Improving
Ratio history
| Ratio | 2022-12-31 | 2023-12-31 |
|---|---|---|
| Equity ratio | -11.4 % | 20.8 % |
| Current ratio | 0.43x | 0.30x |
| Operating profit margin | -2.9 % | 7.0 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID2934855-3
EU IDFIFPRO.2934855-3
MunicipalityHelsingfors
Current registered entries
2018-09-13Registered in Tax Administration (Tax Administration)
2018-09-13Registered in Patent and Registration Office (Trade 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
D
High riskVSJ Steel Oy
Grade unchangedD · new analysis 2026-10-17
29/100
Low
Usable financial evidenceFinancial data included
Financial development is mostly stable or mixed.
3 comparable periodsRevenueStable
ProfitabilityImproving
SolvencyImproving
LiquidityStable
Same industryDescriptive comparison – does not change the model score.
66 peersSolvency24%
Below 76% of peers
Profitability55%
Better than 55% of peers
Liquidity45%
Below 55% of peers
Revenue growth20%
Below 80% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
3 observed filings186 days after period end
171 days after period end
3 consecutive periods
Supporting factors
- A newer financial statement filing has been reported
Risk factors to note
- Parsed financial metrics are older than the newest reported filing
- Weak current ratio
- Severe registry event 12–24 months ago
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsD
2026-10-1729/100 · v0.15
D → D- Registry-signal recency changed: 6–12 months → 12–24 months.
- New risk factor: Severe registry event 12–24 months ago.
- Risk factor cleared: Severe registry event 6–12 months ago.
D
2026-09-23 23:4229/100 · v0.14
D → D- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2023-12-31).
- Assessment confidence: Medium → Low.
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
D
2026-09-1529/100 · v0.14
D → D- Assessment confidence: Low → Medium.
- Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
- New risk factor: Sufficient structured financial metrics are not available.
D
2026-09-1329/100 · v0.12
Oldest retained automatic assessment in this comparisonD
2026-10-17
open-risk-grade-v0.15
The grade is reduced because of a critical legal status such as bankruptcy or liquidation.
A serious registry signal affects this grade. Review the profile registry and notification details as well.
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 continuityHyvä
60/100
The company has about 8 years of registry continuity.
Registry and status signalsHälyttävä
0/100
Bankruptcy or liquidation status is treated as a critical legal distress signal.
Events & news
Verified events and sourced external company news in one timeline.
Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Risk grade updatedRisk gradeEvidence verified
13 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Registry timeline
Trade register notifications shown on a timeline.
10 register eventsLatest event: 2025-10-02
Financial statements availability
Available financial statement periods and PRH source filings.
3 financial statement periodsLatest financial period: 2023-12-31
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
VSJ Steel Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.