Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.Business profile
Waiwela Oy
Waiwela Oy's registered office is Turku. It is a limited company. The company was established on 1994-11-16. It operates in the industry of plumbing, heat and air-conditioning installation. In its latest retained statement for 2024-12-31, revenue was €1,808,098 and operating profit was €294,974.
Business ID 0975521-5ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 0975521-5
- Sector
- Plumbing, heat and air-conditioning installation
- Municipality
- Turku
- Company form
- Limited company
- Registration date
- 1994-11-16
- Business ID registration date
- 1994-09-15
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Lemminkäisenkatu 60, 20520, Turku
About Waiwela Oy
Financial position and key figures for the company.
Waiwela Oy's location municipality is Turku. It is a limited company. The company was established on 1994-11-16. It operates in the industry of plumbing, heat and air-conditioning installation. In its latest retained statement for 2024-12-31, revenue was €1,808,098 and operating profit was €294,974. The latest retained financial statement for 2024-12-31 shows revenue of €1,808,098 and profit for the financial year of €131,838. Based on the latest retained statement, revenue growth was +180.7%, operating margin was +16.3%, and equity ratio was +68.6%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2024-12-31
1
1
PRH/XBRL financial statement
Derived indicators
Revenue growth180.7%
Operating margin16.3%
Equity ratio68.6%
Balance-sheet contextLatest financial period
Other operating income€542,338Previous: €526,909
Inventory€2,910,114Previous: €2,913,499
Cash and bank€125,471Previous: €55,935
Advances received€1,919,200Previous: €0
Retained earnings€6,478,982Previous: €6,598,649
Equity€6,619,230Previous: €6,752,927
Liabilities€3,029,049Previous: €2,575,987
Current assets€6,717,752Previous: €6,582,567
Current liabilities€2,301,548Previous: €1,843,164
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioGood
100/100 · Improving
Current ratioSatisfactory
44/100 · Declining
Operating profit marginGood
81/100 · Declining
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID0975521-5
VAT IDFI09755215
EU IDFIFPRO.0975521-5
MunicipalityTurku
Current registered entries
1994-08-01VAT-liable for business activity in Tax Administration (VAT Register)
1994-09-15Registered in Tax Administration (Tax Administration)
1994-11-16Registered in Patent and Registration Office (Trade Register)
1995-03-01Registered in Tax Administration (Prepayment Register)
1996-12-09VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT 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
GoodWaiwela Oy
Grade unchangedA3 · new analysis 2026-10-17
78/100
Medium
Usable financial evidenceFinancial data included
Same industry, size and age groupDescriptive comparison – does not change the model score.
33 peersSolvency88%
Better than 88% of peers
Profitability79%
Better than 79% of peers
Liquidity82%
Better than 82% 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 filings207 days after period end
207 days after period end
1 consecutive periods
Supporting factors
- Strong equity ratio
- Strong operating profitability
- Active registered status
Risk factors to note
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsA3
2026-10-1778/100 · v0.15
A3 → A3A3
2026-09-23 07:4978/100 · v0.14
B1 → A3 · +13 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2024-12-31).
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
B1
2026-09-1565/100 · v0.14
B2 → B1 · +6 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
2026-09-1359/100 · v0.12
Oldest retained automatic assessment in this comparisonA3
2026-10-17
open-risk-grade-v0.15
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 riskelevated
38/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 31 years of registry continuity.
Registry and status signalsErittäin vahva
90/100
Long registry history, recent financial statement filings, and active register markings support this signal.
Events & news
Verified events and sourced external company news in one timeline.
Risk grade updatedRisk gradeEvidence verified
23 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → A3.Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Risk grade updatedRisk gradeEvidence verified
13 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
22 register eventsLatest event: 2026-09-01
Financial statements availability
Available financial statement periods and PRH source filings.
1 financial statement periodsLatest financial period: 2024-12-31
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-03-10.
This company profile has not been claimed yet
Waiwela Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.