Business profile

Wellen Oy

Wellen Oy's registered office is Turku. It is a limited company. The company was established on 2005-02-28. It operates in the industry of rental and operating of own or leased non-residential real estate. In its latest retained statement for 2026-02-28, revenue was €59,975 and operating profit was -€13,783.

Business ID 1915661-1ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
1915661-1
Sector
Rental and operating of own or leased non-residential real estate
Municipality
Turku
Company form
Limited company
Registration date
2005-02-28
Business ID registration date
2004-09-03
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Pitkämäenkatu 28, 20250, Turku

About Wellen Oy

Financial position and key figures for the company.

Wellen Oy's location municipality is Turku. It is a limited company. The company was established on 2005-02-28. It operates in the industry of rental and operating of own or leased non-residential real estate. In its latest retained statement for 2026-02-28, revenue was €59,975 and operating profit was -€13,783. The latest retained financial statement for 2026-02-28 shows revenue of €59,975 and profit for the financial year of €9,318. Based on the latest retained statement, revenue growth was -2.5%, operating margin was -23.0%, and equity ratio was +96.4%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2026-02-28

Imported periods5
PRH parsed3
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-2.5%
Operating margin-23.0%
Equity ratio96.4%
Revenue€59,975-€1,540 (-2.5%) vs previous periodPrevious: €61,515
Operating profit (loss)-€13,783-€54,569 (-133.8%) vs previous periodPrevious: €40,786
Profit (loss) for the financial year€9,318-€30,394 (-76.5%) vs previous periodPrevious: €39,712
Assets€1,329,278-€56,481 (-4.1%) vs previous periodPrevious: €1,385,758
Balance-sheet contextLatest financial period
Cash and bank€36,098Previous: €55,784
Retained earnings€1,264,389Previous: €1,333,157
Equity€1,281,707Previous: €1,380,869
Liabilities€47,570Previous: €4,889
Current assets€86,788Previous: €86,600
Current liabilities€47,570Previous: €4,889
Revenue trend3 periods
€63,653
2024-02-29
€61,515
2025-02-28
€59,975
2026-02-28
Operating profit (loss) trend3 periods
€45,206
2024-02-29
€40,786
2025-02-28
-€13,783
2026-02-28
Profit (loss) for the financial year trend3 periods
€40,515
2024-02-29
€39,712
2025-02-28
€9,318
2026-02-28
Assets trend3 periods
€1,458,807
2024-02-29
€1,385,758
2025-02-28
€1,329,278
2026-02-28

Financial ratios

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

Equity ratioGood
100/100 · Declining
96.4 %2025-02-28: 99.7 %
Current ratioPassable
25/100 · Declining
0.76x2025-02-28: 11.41x
Operating profit marginWeak
0/100 · Declining
-23.0 %2025-02-28: 66.3 %
Ratio history
Ratio2024-02-292025-02-282026-02-28
Equity ratio99.3 %99.7 %96.4 %
Current ratio5.36x11.41x0.76x
Operating profit margin71.0 %66.3 %-23.0 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID1915661-1
EU IDFIFPRO.1915661-1
MunicipalityTurku
Current registered entries
2005-02-28Registered in Patent and Registration Office (Trade Register)
2005-03-08Registered in Tax Administration (Tax Administration)
2005-03-14Registered 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
StableWellen Oy
Grade downgradedA3 → B1 · new analysis 2026-10-01
Model score66/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectoryFinancial development is mostly stable or mixed.
3 comparable periods
RevenueStable
ProfitabilityDeteriorating · 2 consecutive periods
SolvencyStable
LiquidityVolatile
Peer comparisonNational Tier 1 comparisonDescriptive comparison – does not change the model score.
194 peers
Solvency87%
Better than 87% of peers
Profitability8%
Below 92% of peers
Liquidity57%
Better than 57% of peers
Revenue growth24%
Below 76% 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.
4 observed filings
Latest registration lag192 days after period end
Typical registration lag204 days after period end
Annual continuity4 consecutive periods
Supporting factors
  • Strong equity ratio
  • Company context reduces the weight of an isolated financial signal
  • Active registered status
Risk factors to note
  • Weak current ratio
  • Negative profitability or net result
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessments
B1
2026-10-01 05:5666/100 · v0.14
A3 → B1 · -6 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2026-02-28).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
A3
2026-09-1572/100 · v0.14
B1 → A3 · +8 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
2026-09-1464/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB1
Automatic model snapshot2026-10-01
Automatic model versionopen-risk-grade-v0.14
Financial data included

The grade can use open digital financial statement data together with registry signals.

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 21 years of registry continuity.

Registry and status signalsVakaa
82/100

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
1 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3 → B1.
Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.

Registry timeline

Trade register notifications shown on a timeline.

20 register eventsLatest event: 2026-09-08

Financial statements availability

Available financial statement periods and PRH source filings.

5 financial statement periodsLatest financial period: 2026-02-28

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-01-03.

This company profile has not been claimed yet

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