Business profile

Fosto Oy

Fosto Oy was declared bankrupt 2026-02-27. In its latest retained statement for 2024-12-31, revenue was €48,884 and operating profit was -€48,364.

Business ID 1858371-8BANKRUPTCYUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
1858371-8
Sector
Manufacture of lighting equipment
Municipality
Tampere
Company form
Limited company
Registration date
2003-11-06
Business ID registration date
2003-10-14
Business status
BANKRUPTCY
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Itsenäisyydenkatu 25 lh. 5, 33500, Tampere

Phone: +358407196468Source observation

Website: https://www.fosto.fiSource observation

People and decision-makers

Jarno Juhani LahtinenToimitusjohtaja, CEO

About Fosto Oy

Financial position and key figures for the company.

Fosto Oy was declared bankrupt 2026-02-27. In its latest retained statement for 2024-12-31, revenue was €48,884 and operating profit was -€48,364. The latest retained financial statement for 2024-12-31 shows revenue of €48,884 and profit for the financial year of -€58,382. Based on the latest retained statement, revenue growth was -15.0%, operating margin was -98.9%, and equity ratio was -50.0%.

Financial highlights

Key figures from the latest financial period.

Latest financial period

2024-12-31

Imported periods0
PRH parsed0
Profile sourceEnriched source observation
Derived indicators
Revenue growth-15.0%
Operating margin-98.9%
Equity ratio-50.0%
Revenue€48,884-€8,606 (-15.0%) vs previous periodPrevious: €57,490
Operating profit (loss)-€48,364+€22,918 (+32.2%) vs previous periodPrevious: -€71,282
Profit (loss) for the financial year-€58,382+€26,176 (+31.0%) vs previous periodPrevious: -€84,558
Assets€193,098-€54,432 (-22.0%) vs previous periodPrevious: €247,530
Balance-sheet contextLatest financial period
Profit before taxes-€58,382Previous: -€84,558
Revenue trend5 periods
€0
2020-12-31
€0
2021-12-31
€22,328
2022-12-31
€57,490
2023-12-31
€48,884
2024-12-31
Operating profit (loss) trend5 periods
€0
2020-12-31
€0
2021-12-31
-€27,327
2022-12-31
-€71,282
2023-12-31
-€48,364
2024-12-31
Profit (loss) for the financial year trend5 periods
€0
2020-12-31
€0
2021-12-31
-€33,501
2022-12-31
-€84,558
2023-12-31
-€58,382
2024-12-31
Assets trend5 periods
€100
2020-12-31
€100
2021-12-31
€240,693
2022-12-31
€247,530
2023-12-31
€193,098
2024-12-31

Financial ratios

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

Equity ratioWeak
0/100 · Declining
-50.0 %2023-12-31: -18.6 %
Current ratioNot assessable
0/100 · Trend unavailable
Not available2023-12-31: Ei saatavilla
Operating profit marginWeak
0/100 · Improving
-98.9 %2023-12-31: -114.1 %
Ratio history
Ratio2020-12-312021-12-312022-12-312023-12-312024-12-31
Equity ratio-100.0 %9.0 %-18.6 %-50.0 %
Current ratio-----
Operating profit margin---75.4 %-114.1 %-98.9 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID1858371-8
EU IDFIFPRO.1858371-8
MunicipalityTampere
Current registered entries
2003-11-06Registered in Patent and Registration Office (Trade Register)
2003-11-07Registered in Tax Administration (Tax Administration)

Responsible people

Public role relationships materialized from source observations.

Jarno Juhani LahtinenToimitusjohtaja, CEOSources: 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 riskFosto Oy
Model score18/100
Assessment confidenceMedium
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectoryFinancial development has been volatile across multiple domains.
4 comparable periods
RevenueVolatile
ProfitabilityVolatile
SolvencyDeteriorating · 3 consecutive periods
LiquidityNot enough history
Peer comparisonNational Tier 1 comparisonDescriptive comparison – does not change the model score.
146 peers
Solvency8%
Below 92% of peers
Profitability5%
Below 95% of peers
Revenue growth16%
Below 84% of peers
Supporting factors
  • A newer financial statement filing has been reported
  • Long registry continuity
Risk factors to note
  • Negative equity
  • Negative profitability or net result
  • Losses in the latest and previous available periods
Automatic model gradeD
Automatic model snapshot2026-10-06
Automatic model versionopen-risk-grade-v0.14
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 riskhigh
29/100

Industry context is high based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 22 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
6 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.

Registry timeline

Trade register notifications shown on a timeline.

27 register eventsLatest event: 2026-02-27

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-03-10.

This company profile has not been claimed yet

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