Business profile

Formet Oy

Formet Oy's registered office is Forssa. It is a limited company. The company was established on 1993-02-24. It operates in the industry of machining of metals. In its latest retained statement for 2025-08-31, revenue was €2,109,841 and operating profit was €357,530.

Business ID 0910854-4ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
0910854-4
Sector
Machining of metals
Municipality
Forssa
Company form
Limited company
Registration date
1993-02-24
Business ID registration date
1992-12-15
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Pilvenmäentie 9, 30420, Forssa

About Formet Oy

Financial position and key figures for the company.

Formet Oy's location municipality is Forssa. It is a limited company. The company was established on 1993-02-24. It operates in the industry of machining of metals. In its latest retained statement for 2025-08-31, revenue was €2,109,841 and operating profit was €357,530. The latest retained financial statement for 2025-08-31 shows revenue of €2,109,841 and profit for the financial year of €271,395. Based on the latest retained statement, revenue growth was +9.3%, operating margin was +16.9%, and equity ratio was +60.8%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-08-31

Imported periods3
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth9.3%
Operating margin16.9%
Equity ratio60.8%
Revenue€2,109,841+€179,978 (+9.3%) vs previous periodPrevious: €1,929,863
Operating profit (loss)€357,530+€30,240 (+9.2%) vs previous periodPrevious: €327,290
Profit (loss) for the financial year€271,395+€7,997 (+3.0%) vs previous periodPrevious: €263,398
Assets€2,417,274-€110,149 (-4.4%) vs previous periodPrevious: €2,527,424
Balance-sheet contextLatest financial period
Other operating income€200Previous: €0
Inventory€110,273Previous: €106,997
Cash and bank€400,953Previous: €271,437
Retained earnings€1,145,888Previous: €1,882,789
Equity€1,469,842Previous: €2,198,746
Liabilities€947,432Previous: €328,677
Current assets€871,658Previous: €971,331
Current liabilities€461,652Previous: €295,311
Revenue trend2 periods
€1,929,863
2024-08-31
€2,109,841
2025-08-31
Operating profit (loss) trend2 periods
€327,290
2024-08-31
€357,530
2025-08-31
Profit (loss) for the financial year trend2 periods
€263,398
2024-08-31
€271,395
2025-08-31
Assets trend2 periods
€2,527,424
2024-08-31
€2,417,274
2025-08-31

Financial ratios

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

Equity ratioGood
76/100 · Declining
60.8 %2024-08-31: 87.0 %
Current ratioSatisfactory
37/100 · Declining
1.11x2024-08-31: 1.28x
Operating profit marginGood
92/100 · Declining
16.9 %2024-08-31: 17.0 %
Ratio history
Ratio2024-08-312025-08-31
Equity ratio87.0 %60.8 %
Current ratio1.28x1.11x
Operating profit margin17.0 %16.9 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID0910854-4
VAT IDFI09108544
EU IDFIFPRO.0910854-4
MunicipalityForssa
Current registered entries
1992-12-15Registered in Tax Administration (Tax Administration)
1993-01-01Registered in Tax Administration (Employer Register)
1993-02-24Registered in Patent and Registration Office (Trade Register)
1994-06-01VAT-liable for business activity in Tax Administration (VAT Register)
1995-03-01Registered 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
A2
Very goodFormet Oy
Grade upgradedA3 → A2 · new analysis 2026-09-19
Model score88/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectoryFinancial development is mostly stable or mixed.
3 comparable periods
RevenueStable
ProfitabilityStable
SolvencyDeteriorating
LiquidityStable
Peer comparisonNational Tier 1 comparisonDescriptive comparison – does not change the model score.
278 peers
Solvency56%
Better than 56% of peers
Profitability82%
Better than 82% of peers
Liquidity68%
Better than 68% of peers
Revenue growth80%
Better than 80% 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.
3 observed filings
Latest registration lag114 days after period end
Typical registration lag114 days after period end
Annual continuity3 consecutive periods
Supporting factors
  • Strong equity ratio
  • Strong operating profitability
  • Active registered status
Risk factors to note

No material separate warning signals.

Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
A2
2026-09-19 08:3188/100 · v0.14
A3 → A2 · +15 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-08-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
A3
2026-09-1473/100 · v0.14
A3 → A3
A3
2026-09-1473/100 · v0.13
B1 → A3 · +9 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
2026-09-1364/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeA2
Automatic model snapshot2026-09-19
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
74/100

Industry context is low based on normalized open statistical inputs.

Age and continuityVakiintunut
90/100

The company has about 33 years of registry continuity.

Registry and status signalsVakaa
83/100

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
19 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3 → A2.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.

Registry timeline

Trade register notifications shown on a timeline.

23 register eventsLatest event: 2025-12-23

Financial statements availability

Available financial statement periods and PRH source filings.

3 financial statement periodsLatest financial period: 2025-08-31

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

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