Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.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.
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
0
0
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
Additional financial figures
The company's financial figures across different years.
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue | - | - | €115,376 | €112,042 | €130,213 | €107,139 |
| Revenue growth | - | - | 3 % | -14 % | 21,5 % | 13,5 % |
| Operating profit | - | - | €32,059 | €3,814 | €22,305 | €18,071 |
| EBIT margin | - | - | 25,5 % | 3,4 % | 17,1 % | 16,6 % |
| Profit for the financial year | - | - | €25,963 | €1,864 | €12,892 | €10,783 |
| Profit before taxes | - | - | - | €2,330 | €20,674 | €16,255 |
| Equity ratio | - | - | 43,4 % | 19,7 % | 18 % | 14,9 % |
| Balance sheet total | - | - | €112,173 | €128,990 | €146,001 | €99,908 |
| Employees | 4 | 12 | - | - | - | - |
Financial ratios
Financial ratios based on financial statement data. Source: Lähdehavainto.
Equity ratioSatisfactory
54/100 · Improving
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginGood
100/100 · Improving
Ratio history
| Ratio | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Equity ratio | 14.9 % | 18.0 % | 19.7 % | 43.4 % |
| Current ratio | - | - | - | - |
| Operating profit margin | 16.6 % | 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
78/100
Medium
Usable financial evidenceFinancial data included
Financial development is mostly stable or mixed.
4 comparable periodsProfitabilityVolatile
SolvencyImproving
LiquidityNot enough history
Same industry, size and age groupDescriptive comparison – does not change the model score.
47 peersSolvency36%
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.
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsA3
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 comparisonA3
2026-10-18
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 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.