Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B3.Business profile
Fortaco Group Holdco Oyj
Fortaco Group Holdco Oyj's registered office is Vanda. It is a public limited company. The company was established on 2022-04-26. It operates in the industry of activities of head offices. In its latest retained statement for 2025-12-31, revenue was €348,230,000 and operating profit was -€7,500,000.
Business ID 3281147-3ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 3281147-3
- Sector
- Activities of head offices
- Municipality
- Vanda
- Company form
- Public limited company
- Registration date
- 2022-04-26
- Business ID registration date
- 2022-04-14
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Äyritie 24, 01510, Vanda
Phone: +358107576000Source observation
Website: https://www.fortacogroup.comSource observation
Linkedin profile: https://www.linkedin.com/company/fortacogroupSource: company website
Youtube profile: https://www.youtube.com/@FortacoGroupSource: company website
People and decision-makers
Mika MahlbergToimitusjohtaja
About Fortaco Group Holdco Oyj
Financial position and key figures for the company.
Fortaco Group Holdco Oyj's location municipality is Vanda. It is a public limited company. The company was established on 2022-04-26. It operates in the industry of activities of head offices. In its latest retained statement for 2025-12-31, revenue was €348,230,000 and operating profit was -€7,500,000. The latest retained financial statement for 2025-12-31 shows revenue of €348,230,000 and profit for the financial year of -€27,423,000. Based on the latest retained statement, revenue growth was -2.3%, operating margin was +0.0%, and equity ratio was +43.8%.
Auxiliary business names
Public alternate names materialized from source observations.
Fortaco Group Holdco AbpFortaco Group Holdco Plc
Extended business activity
A longer directory- or registry-backed activity description that complements the short registry industry label.
Yhtiön toimialana on omistaa ja hallinnoida osakkeita ja muita varoja.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Nasdaq Helsinki / ESEF
Derived indicators
Revenue growth-2.3%
Operating margin0.0%
Equity ratio43.8%
Revenue€348,230,000-€8,241,000 (-2.3%) vs previous periodPrevious: €356,471,000
Operating profit (loss)-€7,500,000+€16,687,000 (+69.0%) vs previous periodPrevious: -€24,187,000
Profit (loss) for the financial year-€27,423,000+€21,115,000 (+43.5%) vs previous periodPrevious: -€48,538,000
Assets€306,200,000-€58,000 (-0.0%) vs previous periodPrevious: €306,258,000
Balance-sheet contextLatest financial period
Cash and bank€29,617,000Previous: €32,034,000
Inventory€44,438,000Previous: €37,683,000
Profit before taxes-€27,231,000Previous: -€48,428,000
Equity€25,562,000Previous: €32,531,000
Liabilities€280,638,000Previous: €273,727,000
Current assets€95,953,000Previous: €91,892,000
Current liabilities€77,773,000Previous: €74,954,000
Employees16Previous: 2 627
Revenue trend4 periods
€0
2022-12-31
€0
2023-12-31
€356,471,000
2024-12-31
€348,230,000
2025-12-31
Operating profit (loss) trend4 periods
-€69,848
2022-12-31
-€531,374
2023-12-31
-€24,187,000
2024-12-31
-€7,500,000
2025-12-31
Profit (loss) for the financial year trend4 periods
-€5,076,911
2022-12-31
-€2,899,868
2023-12-31
-€48,538,000
2024-12-31
-€27,423,000
2025-12-31
Assets trend4 periods
€137,715,212
2022-12-31
€195,040,452
2023-12-31
€306,258,000
2024-12-31
€306,200,000
2025-12-31
Additional financial figures
The company's financial figures across different years.
Revenue 2025€348,230,000
Profit for the financial year 2025-€27,423,000
Balance sheet total 2025€306,200,000
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | €348,230,000 | €356,471,000 | €0 | €0 |
| Operating profit | -€7,500,000 | -€24,187,000 | -€531,374 | -€69,848 |
| EBIT margin | 0 % | 0 % | 0 % | 0 % |
| Profit for the financial year | -€27,423,000 | -€48,538,000 | -€2,899,868 | -€5,076,911 |
| Taxable income | - | €0 | €0 | €0 |
| Income tax | - | €0 | €0 | €0 |
| Income after tax | - | €0 | €0 | €0 |
| Profit before taxes | -€27,231,000 | -€48,428,000 | -€2,899,868 | -€5,076,911 |
| Equity ratio | 43,8 % | 40,8 % | 44,8 % | 41,3 % |
| Balance sheet total | €306,200,000 | €306,258,000 | €195,040,452 | €137,715,212 |
| Employees | 16 | 2 627 | 2 800 | - |
Financial ratios
Financial ratios based on financial statement data. Source: Nasdaq Helsinki / ESEF.
Equity ratioSatisfactory
55/100 · Improving
Current ratioGood
100/100 · Improving
Operating profit marginPassable
50/100 · Stable
Ratio history
| Ratio | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Equity ratio | 41.3 % | 44.8 % | 40.8 % | 43.8 % |
| Current ratio | 3.12x | 4.04x | 9.08x | 13.10x |
| Operating profit margin | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID3281147-3
VAT IDFI32811473
EU IDFIFPRO.3281147-3
MunicipalityVanda
Current registered entries
2022-04-26Registered in Patent and Registration Office (Trade Register)
2022-04-27Registered in Tax Administration (Tax Administration)
2022-07-28VAT-liable for business activity in Tax Administration (VAT Register)
2022-09-30Registered in Tax Administration (Prepayment Register)
2022-11-01Registered in Tax Administration (Employer Register)
Responsible people
Public role relationships materialized from source observations.
Mika MahlbergToimitusjohtajaSources: 2 · Confidence: 99%
Markus Valdemar SjöholmHallintoneuvosto: puheenjohtajaSources: 2 · Confidence: 76%
Svärd Gustav Olof GunnarProkuristiSources: 1 · Confidence: 78%
Hovi Teemu EemeliProkuristiSources: 1 · Confidence: 78%
Saarinen Heikki VeliVarajäsenSources: 1 · Confidence: 78%
Heikki Veli SaarinenInterim CFOSources: 1 · Confidence: 76%
Lars Torsten HellbergHallintoneuvosto: varsinainen jäsenSources: 1 · Confidence: 76%
Marc Philipp LindhorstHallintoneuvosto: varsinainen jäsenSources: 1 · Confidence: 76%
Sebastian Josef SchattonHallintoneuvosto: varsinainen jäsenSources: 1 · Confidence: 76%
Anders Johan SvennasPäävastuullinen tilintarkastajaSources: 1 · Confidence: 76%
Mikolcic JureHallituksen jäsenSources: 1 · Confidence: 74%
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
B3
MonitorFortaco Group Holdco Oyj
Grade unchangedB3 · new analysis 2026-10-17
43/100
High
Strong financial evidenceFinancial data included
Financial development is mostly stable or mixed.
2 comparable periodsRevenueStable
ProfitabilityImproving
SolvencyStable
LiquidityStable
Same industryDescriptive comparison – does not change the model score.
482 peersSolvency18%
Below 82% of peers
Profitability24%
Below 76% of peers
Liquidity60%
Better than 60% of peers
Revenue growth29%
Below 71% of peers
Supporting factors
- Company context reduces the weight of an isolated financial signal
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Weak current ratio
- Negative profitability or net result
- Losses in the latest and previous available periods
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
3 assessmentsB3
2026-10-1743/100 · v0.15
B3 → B3B3
2026-10-1643/100 · v0.14
B2 → B3 · -13 points- Revenue: Not enough history → Stable
- Profitability: Not enough history → Improving
- Solvency: Not enough history → Stable
B2
2026-09-1756/100 · v0.14
Oldest retained automatic assessment in this comparisonB3
2026-10-17
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 riskmedium
59/100
Industry context is medium based on normalized open statistical inputs.
Age and continuityNuori
35/100
The company has about 4 years of registry continuity.
Registry and status signalsSeurattava
61/100
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
16 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2 → B3.Heikki Saarinen nimitetty Fortaco Groupin talousjohtajaksiNews
12 Oct 2026 · Cision FinlandFortaco Group Holdco Oyj | Pörssitiedote | 12.10.2026 klo 11.30 Heikki Saarinen (KTM) on nimitetty Fortaco Groupin talousjohtajaksi ja johtoryhmän jäseneksi 12.10.2026 alkaen. Saarinen on toiminut Fortaco Groupin väliaikaisena talousjohtajana ja johtoryhmän jäsenenä 30.4.2026 lähtien. Aiemmin Saarinen on toiminut väliaikaisena talousjohtajana muun muassa Bronto Skyliftissä, Valmet Automotive EV Powerissa (nykyisin IONCOR) ja Viessmann Refrigeration Systemsissä sekä talousjohtajana Teosto ry:ssä. Lisätietoja Jure Mikolcic President & CEO +358Open original sourceRisk grade updatedRisk gradeEvidence verified
17 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
15 register eventsLatest event: 2026-05-07
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-02-04.
This company profile has not been claimed yet
Fortaco Group Holdco Oyj shows public core facts. A company representative can claim the profile, update public information, and access owner tools.