Business profile

Latvo Oy

Latvo Oy's registered office is Vierumäki. It is a limited company. The company was established on 2019-08-29. It operates in the industry of manufacture of agricultural and forestry machinery. In its latest retained statement for 2025-06-30, revenue was €866,073 and operating profit was €64,186.

Claim profileContact details
Business ID 3018436-5ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
3018436-5
Sector
Manufacture of agricultural and forestry machinery
Municipality
Vierumäki
Company form
Limited company
Registration date
2019-08-29
Business ID registration date
2019-08-15
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Veitsillantie 84, 19110, Vierumäki

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

About Latvo Oy

Financial position and key figures for the company.

Latvo Oy's location municipality is Vierumäki. It is a limited company. The company was established on 2019-08-29. It operates in the industry of manufacture of agricultural and forestry machinery. In its latest retained statement for 2025-06-30, revenue was €866,073 and operating profit was €64,186. The latest retained financial statement for 2025-06-30 shows revenue of €866,073 and profit for the financial year of €49,051. Based on the latest retained statement, revenue growth was +10.3%, operating margin was +7.4%, and equity ratio was +56.9%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-06-30

Imported periods4
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth10.3%
Operating margin7.4%
Equity ratio56.9%
Revenue€866,073+€80,864 (+10.3%) vs previous periodPrevious: €785,209
Operating profit (loss)€64,186+€51 (+0.1%) vs previous periodPrevious: €64,134
Profit (loss) for the financial year€49,051+€1,161 (+2.4%) vs previous periodPrevious: €47,890
Assets€409,458+€96,279 (+30.7%) vs previous periodPrevious: €313,179
Balance-sheet contextLatest financial period
Other operating income€23Previous: €20,682
Inventory€153,512Previous: €128,484
Cash and bank€148,010Previous: €45,231
Retained earnings€181,296Previous: €145,876
Equity€232,846Previous: €196,266
Liabilities€176,612Previous: €116,913
Current assets€352,805Previous: €228,477
Current liabilities€162,153Previous: €89,584
Revenue trend2 periods
€785,209
2024-06-30
€866,073
2025-06-30
Operating profit (loss) trend2 periods
€64,134
2024-06-30
€64,186
2025-06-30
Profit (loss) for the financial year trend2 periods
€47,890
2024-06-30
€49,051
2025-06-30
Assets trend2 periods
€313,179
2024-06-30
€409,458
2025-06-30

Financial ratios

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

Equity ratioGood
71/100 · Declining
56.9 %2024-06-30: 62.7 %
Current ratioSatisfactory
62/100 · Declining
1.86x2024-06-30: 1.94x
Operating profit marginSatisfactory
69/100 · Declining
7.4 %2024-06-30: 8.0 %
Ratio history
Ratio2024-06-302025-06-30
Equity ratio62.7 %56.9 %
Current ratio1.94x1.86x
Operating profit margin8.0 %7.4 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID3018436-5
VAT IDFI30184365
EU IDFIFPRO.3018436-5
MunicipalityVierumäki
Current registered entries
2019-08-29Registered in Tax Administration (Tax Administration)
2019-08-29Registered in Patent and Registration Office (Trade Register)
2019-09-01Registered in Tax Administration (Employer Register)
2019-09-01VAT-liable for business activity in Tax Administration (VAT Register)
2019-09-01Registered in Tax Administration (Prepayment Register)

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
GoodLatvo Oy
Grade upgradedB2 → A3 · new analysis 2026-09-21
Model score71/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectoryFinancial development is mostly stable or mixed.
3 comparable periods
RevenueImproving
ProfitabilityStable
SolvencyDeteriorating
LiquidityStable
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
148 peers
Solvency53%
Close to the peer-group midpoint
Profitability55%
Better than 55% of peers
Liquidity73%
Better than 73% of peers
Revenue growth72%
Better than 72% 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 lag137 days after period end
Typical registration lag156 days after period end
Annual continuity4 consecutive periods
Supporting factors
  • Strong equity ratio
  • Healthy short-term liquidity
  • Active registered status
Risk factors to note
  • Elevated industry distress context
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
A3
2026-09-21 10:1671/100 · v0.14
B2 → A3 · +16 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-06-30).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
B2
2026-09-1455/100 · v0.14
B2 → B2
B2
2026-09-1455/100 · v0.13
B2 → B2 · +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.
B2
2026-09-1354/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeA3
Automatic model snapshot2026-09-21
Automatic model versionopen-risk-grade-v0.14
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 riskelevated
32/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 7 years of registry continuity.

Registry and status signalsSeurattava
73/100

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
21 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2 → A3.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.

Registry timeline

Trade register notifications shown on a timeline.

13 register eventsLatest event: 2025-11-22

Financial statements availability

Available financial statement periods and PRH source filings.

4 financial statement periodsLatest financial period: 2025-06-30

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

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