Business profile

Arctic Milk Oy

Arctic Milk Oy was declared bankrupt 2023-01-31. In its latest retained statement for 2021-12-31, revenue was €1,810,457 and operating profit was -€204,762.

Claim profileContact details
Business ID 2332642-5BANKRUPTCYUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2332642-5
Sector
Manufacture of dairy products
Municipality
Forssa
Company form
Limited company
Registration date
2010-05-14
Business ID registration date
2010-04-26
Business status
BANKRUPTCY
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Rajakatu 2 A, 30420, Forssa

Phone: +358103210550Source observation

Website: https://arcticmilk.fiSource observation

People and decision-makers

Lundström Juha Arto TapaniToimitusjohtaja

About Arctic Milk Oy

Financial position and key figures for the company.

Arctic Milk Oy was declared bankrupt 2023-01-31. In its latest retained statement for 2021-12-31, revenue was €1,810,457 and operating profit was -€204,762. The latest retained financial statement for 2021-12-31 shows revenue of €1,810,457 and profit for the financial year of -€236,537. Based on the latest retained statement, revenue growth was -13.1%, operating margin was -11.1%, and equity ratio was -1.7%.

Auxiliary business names

Public alternate names materialized from source observations.

Forssan MeijeriJuustoneuvos

Extended business activity

A longer directory- or registry-backed activity description that complements the short registry industry label.

Yhtiön toimiala on elintarvikkeiden ja maidon jatkojalostus ja tuottaminen sekä myynti- ja tukkutoiminta. Lisäksi yhtiö voi harjoittaa ravintola, baari, myymälä ja kahviotoiminta sekä hotelli palveluiden tuottamista. Lisäksi yhtiö voi harjoittaa kaikkea muutakin laillista liiketoimintaa Suomessa ja ulkomailla.

Financial highlights

Key figures from the latest financial period.

Latest financial period

2021-12-31

Imported periods0
PRH parsed0
Profile sourceEnriched source observation
Derived indicators
Revenue growth-13.1%
Operating margin-11.1%
Equity ratio-1.7%
Revenue€1,810,457-€273,819 (-13.1%) vs previous periodPrevious: €2,084,276
Operating profit (loss)-€204,762-€221,111 (-1352.5%) vs previous periodPrevious: €16,349
Profit (loss) for the financial year-€236,537-€221,301 (-1452.5%) vs previous periodPrevious: -€15,236
Assets€1,016,665-€674 (-0.1%) vs previous periodPrevious: €1,017,339
Balance-sheet contextLatest financial period
Profit before taxes-€236,537Previous: -€15,236
Employees7Previous: 18
Revenue trend4 periods
€2,167,696
2018-12-31
€2,440,795
2019-12-31
€2,084,276
2020-12-31
€1,810,457
2021-12-31
Operating profit (loss) trend4 periods
€42,243
2018-12-31
€73,300
2019-12-31
€16,349
2020-12-31
-€204,762
2021-12-31
Profit (loss) for the financial year trend4 periods
€11,559
2018-12-31
€33,162
2019-12-31
-€15,236
2020-12-31
-€236,537
2021-12-31
Assets trend4 periods
€847,183
2018-12-31
€914,729
2019-12-31
€1,017,339
2020-12-31
€1,016,665
2021-12-31

Financial ratios

Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.

Equity ratioWeak
0/100 · Declining
-1.7 %2020-12-31: 21.6 %
Current ratioNot assessable
0/100 · Trend unavailable
Not available2020-12-31: Ei saatavilla
Operating profit marginWeak
22/100 · Declining
-11.1 %2020-12-31: 0.8 %
Ratio history
Ratio2018-12-312019-12-312020-12-312021-12-31
Equity ratio23.8 %25.7 %21.6 %-1.7 %
Current ratio----
Operating profit margin1.9 %3.0 %0.8 %-11.1 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID2332642-5
EU IDFIFPRO.2332642-5
MunicipalityForssa
Current registered entries
2010-04-28Registered in Tax Administration (Tax Administration)
2010-05-14Registered in Patent and Registration Office (Trade Register)

Responsible people

Public role relationships materialized from source observations.

Lundström Juha Arto TapaniToimitusjohtajaSources: 3 · Confidence: 78%
Lundström Juha Arto TapaniPuheenjohtajaSources: 2 · Confidence: 78%
Matti HakalaPäävastuullinen tilintarkastajaSources: 1 · Confidence: 76%
Salla SaarinenTilintarkastajaSources: 1 · Confidence: 76%

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 riskArctic Milk Oy
Grade unchangedD · new analysis 2026-10-17
Model score17/100
Assessment confidenceLow
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
4 comparable periods
RevenueDeteriorating · 2 consecutive periods
ProfitabilityDeteriorating
SolvencyDeteriorating
LiquidityNot enough history
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
260 peers
Solvency10%
Below 90% of peers
Profitability3%
Below 97% of peers
Revenue growth13%
Below 87% of peers
Supporting factors
  • A newer financial statement filing has been reported
  • Long registry continuity
Risk factors to note
  • Negative equity
  • Parsed financial metrics are older than the newest reported filing
  • Negative profitability or net result
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessments
D
2026-10-1717/100 · v0.15
D → D
D
2026-10-1517/100 · v0.14
Oldest retained automatic assessment in this comparison
Automatic model gradeD
Automatic model snapshot2026-10-17
Automatic model versionopen-risk-grade-v0.15
Financial data included

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.

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 riskelevated
32/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 16 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
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.
Risk grade updatedRisk gradeEvidence verified
15 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.

Registry timeline

Trade register notifications shown on a timeline.

19 register eventsLatest event: 2023-01-31

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

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