Business profile

Kovemet Oy

Kovemet Oy's registered office is Konnevesi. It is a limited company. The company was established on 2018-05-23. It operates in the industry of machining of metals. In its latest retained statement for 2024-12-31, revenue was €115,376 and operating profit was €32,059.

Claim profileContact details
Business ID 2916569-3ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2916569-3
Sector
Machining of metals
Municipality
Konnevesi
Company form
Limited company
Registration date
2018-05-23
Business ID registration date
2018-05-22
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Kauppatie 42, 44300, Konnevesi

Email: [email protected]Source observation

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

People and decision-makers

Minkkinen Jarkko HenrikToimitusjohtaja
Kari Juhani VehniäinenToimitusjohtajan sijainen (5/2018)

About Kovemet Oy

Financial position and key figures for the company.

Kovemet Oy's location municipality is Konnevesi. It is a limited company. The company was established on 2018-05-23. It operates in the industry of machining of metals. In its latest retained statement for 2024-12-31, revenue was €115,376 and operating profit was €32,059. The latest retained financial statement for 2024-12-31 shows revenue of €115,376 and profit for the financial year of €25,963. Based on the latest retained statement, revenue growth was +3.0%, operating margin was +25.5%, and equity ratio was +43.4%.

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 growth3.0%
Operating margin25.5%
Equity ratio43.4%
Revenue€115,376+€3,334 (+3.0%) vs previous periodPrevious: €112,042
Operating profit (loss)€32,059+€28,245 (+740.5%) vs previous periodPrevious: €3,814
Profit (loss) for the financial year€25,963+€24,099 (+1292.9%) vs previous periodPrevious: €1,864
Assets€112,173-€16,817 (-13.0%) vs previous periodPrevious: €128,990
Balance-sheet contextLatest financial period
Revenue trend4 periods
€107,139
2021-12-31
€130,213
2022-12-31
€112,042
2023-12-31
€115,376
2024-12-31
Operating profit (loss) trend4 periods
€18,071
2021-12-31
€22,305
2022-12-31
€3,814
2023-12-31
€32,059
2024-12-31
Profit (loss) for the financial year trend4 periods
€10,783
2021-12-31
€12,892
2022-12-31
€1,864
2023-12-31
€25,963
2024-12-31
Assets trend4 periods
€99,908
2021-12-31
€146,001
2022-12-31
€128,990
2023-12-31
€112,173
2024-12-31

Financial ratios

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

Equity ratioSatisfactory
54/100 · Improving
43.4 %2023-12-31: 19.7 %
Current ratioNot assessable
0/100 · Trend unavailable
Not available2023-12-31: Ei saatavilla
Operating profit marginGood
100/100 · Improving
25.5 %2023-12-31: 3.4 %
Ratio history
Ratio2021-12-312022-12-312023-12-312024-12-31
Equity ratio14.9 %18.0 %19.7 %43.4 %
Current ratio----
Operating profit margin16.6 %17.1 %3.4 %25.5 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2916569-3
VAT IDFI29165693
EU IDFIFPRO.2916569-3
MunicipalityKonnevesi
Current registered entries
2018-05-22VAT-liable for business activity in Tax Administration (VAT Register)
2018-05-22Registered in Tax Administration (Prepayment Register)
2018-05-23Registered in Tax Administration (Tax Administration)
2018-05-23Registered in Patent and Registration Office (Trade Register)

Responsible people

Public role relationships materialized from source observations.

Minkkinen Jarkko HenrikToimitusjohtajaSources: 4 · Confidence: 78%
Kari Juhani VehniäinenToimitusjohtajan sijainen (5/2018)Sources: 2 · Confidence: 76%
Minkkinen Jarkko HenrikPuheenjohtajaSources: 3 · Confidence: 78%
Vehniäinen Kari JuhaniVarsinainen jäsenSources: 2 · Confidence: 78%
Jyrki SalmiHallitus: varajäsenSources: 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
A3
GoodKovemet Oy
Grade upgradedB1 → A3 · new analysis 2026-10-18
Model score78/100
Assessment confidenceMedium
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectoryFinancial development is mostly stable or mixed.
4 comparable periods
RevenueDeteriorating
ProfitabilityVolatile
SolvencyImproving
LiquidityNot enough history
Peer comparisonSame industry, size and age groupDescriptive comparison – does not change the model score.
47 peers
Solvency36%
Below 64% of peers
Profitability87%
Better than 87% of peers
Revenue growth70%
Better than 70% of peers
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.
2 assessments
A3
2026-10-1878/100 · v0.15
B1 → A3 · +13 points
  • Evidence quality: Limited financial evidence → Usable financial evidence.
  • Risk factor cleared: Sufficient structured financial metrics are not available.
  • New supporting factor: Strong equity ratio.
B1
2026-10-1365/100 · v0.14
Oldest retained automatic assessment in this comparison
Automatic model gradeA3
Automatic model snapshot2026-10-18
Automatic model versionopen-risk-grade-v0.15
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 continuityHyvä
60/100

The company has about 8 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
13 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.

Registry timeline

Trade register notifications shown on a timeline.

10 register eventsLatest event: 2025-05-06

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

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