Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade C.Business profile
JT Terästyö Oy
JT Terästyö Oy's registered office is Simpele. It is a limited company. The company was established on 2018-05-16. It operates in the industry of retail sale of hardware and building materials without specialisation on any specific product group. In its latest retained statement for 2023-03-31, revenue was €161,317 and operating profit was €39,790.
Business ID 2911119-3ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2911119-3
- Sector
- Retail sale of hardware and building materials without specialisation on any specific product group
- Municipality
- Simpele
- Company form
- Limited company
- Registration date
- 2018-05-16
- Business ID registration date
- 2018-04-19
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Änkiläntie 144, 56800, Simpele
About JT Terästyö Oy
Financial position and key figures for the company.
JT Terästyö Oy's location municipality is Simpele. It is a limited company. The company was established on 2018-05-16. It operates in the industry of retail sale of hardware and building materials without specialisation on any specific product group. In its latest retained statement for 2023-03-31, revenue was €161,317 and operating profit was €39,790. The latest retained financial statement for 2023-03-31 shows revenue of €161,317 and profit for the financial year of €16,319. Based on the latest retained statement, revenue growth was +13.4%, operating margin was +24.7%, and equity ratio was -19.9%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2023-03-31
3
2
PRH/XBRL financial statement
Derived indicators
Revenue growth13.4%
Operating margin24.7%
Equity ratio-19.9%
Balance-sheet contextLatest financial period
Other operating income€8,687Previous: €0
Inventory€13,434Previous: €15,114
Cash and bank€7,803Previous: €1,964
Retained earnings-€34,986Previous: -€60,544
Equity-€16,168Previous: -€32,486
Liabilities€97,260Previous: €99,253
Current assets€49,255Previous: €42,001
Current liabilities€51,354Previous: €80,711
Revenue trend2 periods
€142,313
2022-03-31
€161,317
2023-03-31
Operating profit (loss) trend2 periods
€43,020
2022-03-31
€39,790
2023-03-31
Profit (loss) for the financial year trend2 periods
€25,558
2022-03-31
€16,319
2023-03-31
Assets trend2 periods
€66,767
2022-03-31
€81,092
2023-03-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioWeak
0/100 · Improving
Current ratioWeak
14/100 · Improving
Operating profit marginGood
100/100 · Declining
Ratio history
| Ratio | 2022-03-31 | 2023-03-31 |
|---|---|---|
| Equity ratio | -48.7 % | -19.9 % |
| Current ratio | 0.21x | 0.41x |
| Operating profit margin | 30.2 % | 23.4 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2911119-3
VAT IDFI29111193
EU IDFIFPRO.2911119-3
MunicipalitySimpele
Current registered entries
2018-04-17VAT-liable for business activity in Tax Administration (VAT Register)
2018-05-16Registered in Patent and Registration Office (Trade Register)
2018-05-17Registered 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
C
Elevated riskJT Terästyö Oy
Grade unchangedC · new analysis 2026-10-17
39/100
Low
Usable financial evidenceFinancial data included
Financial development is mostly stable or mixed.
3 comparable periodsRevenueImproving
SolvencyImproving
LiquidityStable
Same industry, size and age groupDescriptive comparison – does not change the model score.
68 peersSolvency12%
Below 88% of peers
Profitability91%
Better than 91% of peers
Liquidity38%
Below 62% of peers
Revenue growth85%
Better than 85% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
3 observed filings118 days after period end
121 days after period end
3 consecutive periods
Supporting factors
- Strong operating profitability
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Negative equity
- Parsed financial metrics are older than the newest reported filing
- Weak current ratio
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsC
2026-10-1739/100 · v0.15
C → CC
2026-09-24 19:4839/100 · v0.14
B2 → C · -11 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2023-03-31).
- Assessment confidence: Medium → Low.
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
B2
2026-09-1550/100 · v0.14
B2 → B2 · -3 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.
B2
2026-09-1453/100 · v0.12
Oldest retained automatic assessment in this comparisonC
2026-10-17
open-risk-grade-v0.15
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
39/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityHyvä
60/100
The company has about 8 years of registry continuity.
Registry and status signalsRajallinen
49/100
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
24 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2 → C.Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
9 register eventsLatest event: 2024-03-20
Financial statements availability
Available financial statement periods and PRH source filings.
3 financial statement periodsLatest financial period: 2023-03-31
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
JT Terästyö Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.