Risk grade updatedRisk gradeEvidence verified
12 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade C.Business profile
Elmer Technology Development Oy Ab
Elmer Technology Development Oy Ab's registered office is Bobäck. It is a limited company. The company was established on 2008-04-08. It operates in the industry of research and experimental development on natural sciences and engineering. In its latest retained statement for 2025-10-31, revenue was €463,073 and operating profit was -€50,418.
Business ID 2180626-5ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2180626-5
- Sector
- Research and experimental development on natural sciences and engineering
- Municipality
- Bobäck
- Company form
- Limited company
- Registration date
- 2008-04-08
- Business ID registration date
- 2008-02-29
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Luomankuja 28, 02440, Bobäck
Phone: +358103206320Source observation
Email: [email protected]Source observation
Website: https://www.elmtech.euSource observation
Instagram profile: https://www.instagram.com/elmerracingSource: company website
Facebook profile: https://www.facebook.com/ElmerRacingDotComSource: company website
X profile: https://x.com/elmerracingSource: company website
People and decision-makers
Elmgren Kenneth HenrikToimitusjohtaja
About Elmer Technology Development Oy Ab
Financial position and key figures for the company.
Elmer Technology Development Oy Ab's location municipality is Bobäck. It is a limited company. The company was established on 2008-04-08. It operates in the industry of research and experimental development on natural sciences and engineering. In its latest retained statement for 2025-10-31, revenue was €463,073 and operating profit was -€50,418. The latest retained financial statement for 2025-10-31 shows revenue of €463,073 and profit for the financial year of -€52,879. Based on the latest retained statement, revenue growth was +53.9%, operating margin was -10.9%, and equity ratio was -26.4%.
Auxiliary business names
Public alternate names materialized from source observations.
Elm TechnologyElmer RacingElmer TechnologiesElmer Technology Development Ltd
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-10-31
0
0
Enriched source observation
Derived indicators
Revenue growth53.9%
Operating margin-10.9%
Equity ratio-26.4%
Revenue€463,073+€162,224 (+53.9%) vs previous periodPrevious: €300,849
Operating profit (loss)-€50,418-€77,951 (-283.1%) vs previous periodPrevious: €27,533
Profit (loss) for the financial year-€52,879-€69,901 (-410.7%) vs previous periodPrevious: €17,022
Assets€526,219-€165,433 (-23.9%) vs previous periodPrevious: €691,652
Balance-sheet contextLatest financial period
Profit before taxes-€52,879Previous: €17,022
Employees6Previous: 4
Revenue trend4 periods
€374,637
2021-10-31
€461,531
2022-10-31
€300,849
2023-10-31
€463,073
2025-10-31
Operating profit (loss) trend4 periods
€66,461
2021-10-31
€55,741
2022-10-31
€27,533
2023-10-31
-€50,418
2025-10-31
Profit (loss) for the financial year trend4 periods
€56,236
2021-10-31
€40,570
2022-10-31
€17,022
2023-10-31
-€52,879
2025-10-31
Assets trend4 periods
€621,659
2021-10-31
€613,538
2022-10-31
€691,652
2023-10-31
€526,219
2025-10-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioWeak
0/100 · Declining
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginWeak
23/100 · Declining
Ratio history
| Ratio | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2025-10-31 |
|---|---|---|---|---|
| Equity ratio | -22.9 % | -16.6 % | -12.3 % | -26.4 % |
| Current ratio | - | - | - | - |
| Operating profit margin | 16.8 % | 12.1 % | 9.2 % | -10.9 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2180626-5
VAT IDFI21806265
EU IDFIFPRO.2180626-5
MunicipalityBobäck
Current registered entries
2008-02-25VAT-liable for business activity in Tax Administration (VAT Register)
2008-03-05Registered in Tax Administration (Tax Administration)
2008-04-08Registered in Patent and Registration Office (Trade Register)
2009-09-08Registered in Tax Administration (Prepayment Register)
Responsible people
Public role relationships materialized from source observations.
Elmgren Kenneth HenrikToimitusjohtajaSources: 4 · Confidence: 78%
Elmgren Carl OskarPuheenjohtajaSources: 3 · Confidence: 78%
Elmgren Carl AxelVarsinainen jäsenSources: 3 · Confidence: 78%
Elmgren Julia MathildaVarsinainen jäsenSources: 3 · Confidence: 78%
Bengt NyholmPäävastuullinen tilintarkastajaSources: 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
C
Elevated riskElmer Technology Development Oy Ab
32/100
Medium
Usable financial evidenceFinancial data included
Same size nationallyDescriptive comparison – does not change the model score.
127 peersSolvency10%
Below 90% of peers
Profitability7%
Below 93% of peers
Revenue growth83%
Better than 83% of peers
Supporting factors
- Active registered status
- A newer financial statement filing has been reported
- Long registry continuity
Risk factors to note
- Negative equity
- Negative profitability or net result
- High balance-sheet leverage
C
2026-10-12
open-risk-grade-v0.14
The grade can use open digital financial statement data together with registry signals.
A serious financial risk signal affects this grade. Review the profile financial indicators 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 riskelevated
48/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 18 years of registry continuity.
Registry and status signalsVakaa
77/100
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.
Registry timeline
Trade register notifications shown on a timeline.
15 register eventsLatest event: 2026-03-12
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
Elmer Technology Development Oy Ab shows public core facts. A company representative can claim the profile, update public information, and access owner tools.