Business profile

Jormin Oy

Jormin Oy was declared bankrupt 2025-05-22. In its latest retained statement for 2025-03-31, revenue was €600,806 and operating profit was -€97,456.

Business ID 2543021-8BANKRUPTCYUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2543021-8
Sector
Restaurants and cafeterias
Municipality
Seinäjoki
Company form
Limited company
Registration date
2013-05-30
Business ID registration date
2013-04-10
Business status
BANKRUPTCY
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Päivölänkatu 39, 60120, Seinäjoki

About Jormin Oy

Financial position and key figures for the company.

Jormin Oy was declared bankrupt 2025-05-22. In its latest retained statement for 2025-03-31, revenue was €600,806 and operating profit was -€97,456. The latest retained financial statement for 2025-03-31 shows revenue of €600,806 and profit for the financial year of -€114,598. Based on the latest retained statement, revenue growth was -18.6%, operating margin was -16.2%, and equity ratio was -107.6%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-03-31

Imported periods5
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-18.6%
Operating margin-16.2%
Equity ratio-107.6%
Balance-sheet contextLatest financial period
Inventory€53,053Previous: €88,149
Cash and bank€14,190Previous: €11,376
Retained earnings-€21,227Previous: -€6,403
Equity-€128,325Previous: -€13,727
Liabilities€247,543Previous: €162,982
Current assets€99,207Previous: €122,981
Current liabilities€247,543Previous: €162,982
Revenue trend2 periods
€738,256
2024-03-31
€600,806
2025-03-31
Operating profit (loss) trend2 periods
-€1,590
2024-03-31
-€97,456
2025-03-31
Profit (loss) for the financial year trend2 periods
-€14,824
2024-03-31
-€114,598
2025-03-31
Assets trend2 periods
€149,256
2024-03-31
€119,218
2025-03-31

Financial ratios

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

Equity ratioWeak
0/100 · Declining
-107.6 %2024-03-31: -9.2 %
Current ratioWeak
9/100 · Declining
0.27x2024-03-31: 0.61x
Operating profit marginWeak
9/100 · Declining
-16.2 %2024-03-31: -0.2 %
Ratio history
Ratio2024-03-312025-03-31
Equity ratio-9.2 %-107.6 %
Current ratio0.61x0.27x
Operating profit margin-0.2 %-16.2 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID2543021-8
EU IDFIFPRO.2543021-8
MunicipalitySeinäjoki
Current registered entries
2013-05-30Registered in Patent and Registration Office (Trade Register)
2013-06-07Registered in Tax Administration (Tax Administration)

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 riskJormin Oy
Grade unchangedD · new analysis 2026-10-04
Model score0/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
3 comparable periods
RevenueDeteriorating
ProfitabilityDeteriorating
SolvencyDeteriorating
LiquidityDeteriorating
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
410 peers
Solvency3%
Below 97% of peers
Profitability5%
Below 95% of peers
Liquidity40%
Below 60% of peers
Revenue growth11%
Below 89% 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.
4 observed filings
Latest registration lag92 days after period end
Typical registration lag96 days after period end
Annual continuity4 consecutive periods
Supporting factors
  • A newer financial statement filing has been reported
  • Long registry continuity
Risk factors to note
  • Negative equity
  • Weak current ratio
  • Negative profitability or net result
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessments
D
2026-10-04 23:080/100 · v0.14
D → D · -28 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-03-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
D
2026-09-1528/100 · v0.14
D → D · -1 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.
D
2026-09-1429/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeD
Automatic model snapshot2026-10-04
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
14/100

Industry context is high based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 13 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
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.

Registry timeline

Trade register notifications shown on a timeline.

22 register eventsLatest event: 2025-07-01

Financial statements availability

Available financial statement periods and PRH source filings.

5 financial statement periodsLatest financial period: 2025-03-31

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-02-03.

This company profile has not been claimed yet

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