Risk grade updatedRisk gradeEvidence verified
7 Nov 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A2 → B1.Business profile
Wärtsilä Oyj Abp
Wärtsilä Oyj Abp's registered office is Helsingfors. It is a public limited company. The company was established on 1914-10-29. It operates in the industry of manufacture of engines and turbines, except aircraft, vehicle and cycle engines. In its latest retained statement for 2025-12-31, revenue was €103,000,000 and operating profit was -€51,000,000.
Business ID 0128631-1ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 0128631-1
- Sector
- Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
- Municipality
- Helsingfors
- Company form
- Public limited company
- Registration date
- 1914-10-29
- Business ID registration date
- 1978-03-15
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Hiililaiturinkuja 2, 00180, Helsingfors
Postal address: P.O. Box 1834, 00080, Wärtsilä
Phone: +358107090000Source observation
Website: https://www.wartsila.comSource observation
People and decision-makers
Håkan AgnevallToimitusjohtaja
About Wärtsilä Oyj Abp
Financial position and key figures for the company.
Wärtsilä Oyj Abp's location municipality is Helsingfors. It is a public limited company. The company was established on 1914-10-29. It operates in the industry of manufacture of engines and turbines, except aircraft, vehicle and cycle engines. In its latest retained statement for 2025-12-31, revenue was €103,000,000 and operating profit was -€51,000,000. The latest retained financial statement for 2025-12-31 shows revenue of €103,000,000 and profit for the financial year of €132,000,000. Based on the latest retained statement, revenue growth was -13.4%, operating margin was -49.5%, and equity ratio was +34.8%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Source observation
Derived indicators
Revenue growth-13.4%
Operating margin-49.5%
Equity ratio34.8%
Revenue€103,000,000-€16,000,000 (-13.4%) vs previous periodPrevious: €119,000,000
Operating profit (loss)-€51,000,000+€0 (+0.0%) vs previous periodPrevious: -€51,000,000
Profit (loss) for the financial year€132,000,000-€231,000,000 (-63.6%) vs previous periodPrevious: €363,000,000
Assets€4,341,000,000-€417,000,000 (-8.8%) vs previous periodPrevious: €4,758,000,000
Balance-sheet contextLatest financial period
Employees422Previous: No comparison value
Revenue trend5 periods
€0
2021-12-31
€97,000,000
2022-12-31
€103,000,000
2023-12-31
€119,000,000
2024-12-31
€103,000,000
2025-12-31
Operating profit (loss) trend5 periods
-€33,000,000
2021-12-31
-€32,000,000
2022-12-31
-€57,000,000
2023-12-31
-€51,000,000
2024-12-31
-€51,000,000
2025-12-31
Profit (loss) for the financial year trend5 periods
€188,000,000
2021-12-31
€197,000,000
2022-12-31
€157,000,000
2023-12-31
€363,000,000
2024-12-31
€132,000,000
2025-12-31
Assets trend5 periods
€3,543,000,000
2021-12-31
€3,472,000,000
2022-12-31
€3,761,000,000
2023-12-31
€4,758,000,000
2024-12-31
€4,341,000,000
2025-12-31
Latest interim financials
Figures extracted from the official Nasdaq Helsinki disclosure supplement the annual financial history. They do not replace annual financial-statement figures or ratios calculated from them.
Q3 YTD · 1–9/2026Published 2026-10-27
Open Nasdaq disclosureRevenue493 m €
Operating profit212 m €
Additional financial figures
The company's financial figures across different years.
Revenue 2025€103,000,000
Profit for the financial year 2025€132,000,000
Balance sheet total 2025€4,341,000,000
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | €103,000,000 | €119,000,000 | €103,000,000 | €97,000,000 | €0 |
| Operating profit | -€51,000,000 | -€51,000,000 | -€57,000,000 | -€32,000,000 | -€33,000,000 |
| EBIT margin | -49,5 % | -42,9 % | -55,3 % | -33 % | 0 % |
| Profit for the financial year | €132,000,000 | €363,000,000 | €157,000,000 | €197,000,000 | €188,000,000 |
| Equity ratio | 34,8 % | 34,6 % | 39,1 % | 42,6 % | 40,2 % |
| Balance sheet total | €4,341,000,000 | €4,758,000,000 | €3,761,000,000 | €3,472,000,000 | €3,543,000,000 |
| Employees | 422 | - | - | - | - |
Financial ratios
Financial ratios based on financial statement data. Source: Lähdehavainto.
Equity ratioSatisfactory
43/100 · Improving
Current ratioSatisfactory
38/100 · Declining
Operating profit marginWeak
0/100 · Declining
Ratio history
| Ratio | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Equity ratio | 40.2 % | 42.6 % | 39.1 % | 34.6 % | 34.8 % |
| Current ratio | 1.75x | 1.68x | 1.59x | 1.21x | 1.14x |
| Operating profit margin | 0.0 % | -33.0 % | -55.3 % | -42.9 % | -49.5 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID0128631-1
VAT IDFI01286311
EU IDFIFPRO.0128631-1
MunicipalityHelsingfors
Current registered entries
1914-10-29Registered in Patent and Registration Office (Trade Register)
1943-12-29Registered in Tax Administration (Employer Register)
1978-03-15Registered in Tax Administration (Tax Administration)
1994-06-01VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT Register)
1994-06-01VAT-liable for business activity in Tax Administration (VAT Register)
1995-01-01VAT-liable for agriculture and forestry in Tax Administration (VAT Register)
1995-03-01Registered in Tax Administration (Prepayment Register)
Responsible people
Public role relationships materialized from source observations.
Håkan AgnevallToimitusjohtajaSources: 1 · Confidence: 99%
Tom JohnstoneHallituksen puheenjohtajaSources: 1 · Confidence: 99%
Berends Johannes Arjen Marco JanProkuristiSources: 1 · Confidence: 78%
Lindberg Karl Anders OscarProkuristiSources: 1 · Confidence: 78%
Holm Alf RogerProkuristiSources: 1 · Confidence: 78%
Ikonen Juho TuomasProkuristiSources: 1 · Confidence: 78%
Sirkiä Anu MariaProkuristiSources: 1 · Confidence: 78%
Sarajärvi Teija CaritaProkuristiSources: 1 · Confidence: 78%
Työppönen Jorma HenrikProkuristiSources: 1 · Confidence: 78%
Vasama Joni JuhaniProkuristiSources: 1 · Confidence: 78%
Wickström Sandra LinaProkuristiSources: 1 · Confidence: 78%
Steiner-Forsberg Nora PauliinaProkuristiSources: 1 · Confidence: 78%
Susi-Gamba Laura AnnamaijaProkuristiSources: 1 · Confidence: 78%
Frada Anja ElisabetProkuristiSources: 1 · Confidence: 78%
Ilveskoski Sinikka MaaritProkuristiSources: 1 · Confidence: 78%
Nurmi Jarmo TapaniProkuristiSources: 1 · Confidence: 78%
Pulkkinen Mikko AleksiProkuristiSources: 1 · Confidence: 78%
Salosaari Tuomas PetteriProkuristiSources: 1 · Confidence: 78%
Hiekkanen Juha PetriProkuristiSources: 1 · Confidence: 78%
Hollfast Thomas MikaelProkuristiSources: 1 · Confidence: 78%
Tiina TuomelaHallituksen jäsenSources: 1 · Confidence: 99%
Mika VehviläinenHallituksen jäsenSources: 1 · Confidence: 99%
Karen BombaHallituksen jäsenSources: 1 · Confidence: 99%
Morten H. EngelstoftHallituksen jäsenSources: 1 · Confidence: 99%
Johan ForssellHallituksen jäsenSources: 1 · Confidence: 99%
Heather RivardHallituksen jäsenSources: 1 · Confidence: 99%
Henrik EhrnroothHallituksen jäsenSources: 1 · Confidence: 99%
Rönnholm Eva-StinaProkuristiSources: 1 · Confidence: 78%
de Gruijter TamaraProkuristiSources: 1 · Confidence: 78%
Kainulainen Juri-PekkaProkuristiSources: 1 · Confidence: 78%
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
StableWärtsilä Oyj Abp
Grade downgradedA2 → B1 · new analysis 2026-11-07
61/100
High
Strong financial evidenceFinancial data included
Financial development has been volatile across multiple domains.
4 comparable periodsRevenueVolatile
ProfitabilityVolatile
SolvencyStable
Same size nationallyDescriptive comparison – does not change the model score.
161 peersSolvency35%
Below 65% of peers
Profitability2%
Below 98% of peers
Liquidity75%
Better than 75% of peers
Revenue growth15%
Below 85% of peers
Supporting factors
- Active registered status
- A newer financial statement filing has been reported
- Long registry continuity
Risk factors to note
- Negative profitability or net result
- Material volatility across multiple financial domains
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
3 assessmentsB1
2026-11-0761/100 · v0.15
A2 → B1 · -20 points- Revenue: Not enough history → Volatile
- Profitability: Not enough history → Volatile
- Solvency: Not enough history → Stable
A2
2026-10-1781/100 · v0.15
A2 → A2 · -1 pointsA2
2026-09-1882/100 · v0.14
Oldest retained automatic assessment in this comparisonB1
2026-11-07
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 risklow
71/100
Industry context is low based on normalized open statistical inputs.
Age and continuityVakiintunut
100/100
The company has about 112 years of registry continuity.
Registry and status signalsErittäin vahva
93/100
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.
Representation-rights registry eventRegistryEvidence verified
3 Nov 2026 · PRH / KREKPROCURATION RIGHTSWärtsilä sai alusten metaanipäästöjä vähentävän pioneeriprojektinsa päätökseenNews
3 Nov 2026 · Cision FinlandWärtsilä Oyj Abp, ammattilehdistötiedote, 3.11.2026 klo 11.00 Wärtsilä on saanut onnistuneesti päätökseen projektin, jossa kolmella Chevron Transport Corporationin operoimalla LNG-säiliöaluksella muutettiin kullakin yksi monipolttoainemoottori puhtaasti kaasukäyttöiseksi SG-moottoriksi. Konversion tavoitteena on pienentää alusten kasvihuonekaasupäästöjä vähentämällä LNG-polttoaineen käytöstä johtuvia palamattoman metaanin päästöjä ilmakehään. Nyt toteutetun konversioprojektin jatkoksi on tarkoitus tehdä vastaava muutos kolmella muulla aluksella loppuvuoden ja ensi vuoden aikana. Tämä nostaaOpen original sourceUusi selvitys: Oikein valitut teknologiaratkaisut kantaverkon ulkopuolisille datakeskuksille voivat tuoda 200 miljardin euron säästöt maailmanlaajuisestiNews
2 Nov 2026 · Cision FinlandWärtsilä Oyj Abp, lehdistötiedote, 2.11.2026 klo 5.00 Maailman datakeskuskapasiteetin ennakoidaan lähes kolminkertaistuvan vuoteen 2035 mennessä. Wärtsilän uusi selvitys osoittaa, miten älykkäät sähköntuotantoratkaisut voivat muuttaa korkean datakeskuskapasiteetin kysynnän kiihdyttämään uusiutuvan energiantuotannon kasvua. Samalla voidaan vähentää merkittävästi kustannuksia, maankäyttöä ja vedenkulutusta. Selvitys Unlock power. Unleash growth: How data centres can create tomorrow’s power system flexibility toteaa, että jos yhteisteholtaan 55 gigawatin datakeskusten tarvitsema sähköOpen original sourceFinancial results publishedFinancialEvidence verified
27 Oct 2026 · Nasdaq HelsinkiWärtsilän tammi-syyskuun Osavuosikatsaus 2026Open original sourceGuidance or profit-warning announcementOfficialEvidence verified
27 Oct 2026 · Nasdaq HelsinkiSisäpiiritieto: Wärtsilä asettaa uudet keskipitkän aikavälin taloudelliset tavoitteet arvonluonnin vauhdittamiseksi ja siirtyy uuteen ohjeistuskäytäntöön vuonna 2027Open original sourceFinancial results publishedFinancialEvidence verified
27 Oct 2026 · OAM.fiWärtsilän tammi-syyskuun Osavuosikatsaus 2026Open original sourceFinancial results publishedFinancialEvidence verified
27 Oct 2026 · OAM.fiWärtsilä's Interim Report January-September 2026Open original sourceGuidance or profit-warning announcementOfficialEvidence verified
27 Oct 2026 · OAM.fiSisäpiiritieto: Wärtsilä asettaa uudet keskipitkän aikavälin taloudelliset tavoitteet arvonluonnin vauhdittamiseksi ja siirtyy uuteen ohjeistuskäytäntöön vuonna 2027Open original sourceGuidance or profit-warning announcementOfficialEvidence verified
27 Oct 2026 · OAM.fiInside information: Wärtsilä sets new mid-term financial targets to accelerate value creation and moves to a new guidance practice in 2027Open original sourceRegistry timeline
Trade register notifications shown on a timeline.
52 register eventsLatest event: 2026-11-03
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-04-01.
This company profile has not been claimed yet
Wärtsilä Oyj Abp shows public core facts. A company representative can claim the profile, update public information, and access owner tools.