Business profile

Mekorak Engineering Oy

Mekorak Engineering Oy's registered office is Nokia. It is a limited company. The company was established on 2017-02-09. It operates in the industry of manufacture of other special-purpose machinery n.e.c.. In its latest retained statement for 2025-12-31, revenue was €336,209 and operating profit was -€1,957.

Business ID 2812939-1ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2812939-1
Sector
Manufacture of other special-purpose machinery n.e.c.
Municipality
Nokia
Company form
Limited company
Registration date
2017-02-09
Business ID registration date
2017-02-04
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Rattikatu 2 H 5, 37150, Nokia

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

About Mekorak Engineering Oy

Financial position and key figures for the company.

Mekorak Engineering Oy's location municipality is Nokia. It is a limited company. The company was established on 2017-02-09. It operates in the industry of manufacture of other special-purpose machinery n.e.c.. In its latest retained statement for 2025-12-31, revenue was €336,209 and operating profit was -€1,957. The latest retained financial statement for 2025-12-31 shows revenue of €336,209 and profit for the financial year of -€9,775. Based on the latest retained statement, revenue growth was -26.2%, operating margin was -0.6%, and equity ratio was +4.8%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-12-31

Imported periods4
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-26.2%
Operating margin-0.6%
Equity ratio4.8%
Balance-sheet contextLatest financial period
Other operating income€0Previous: €1,542
Inventory€45,197Previous: €44,273
Retained earnings€12,954Previous: €2,286
Equity€5,679Previous: €15,454
Liabilities€113,636Previous: €205,776
Current assets€81,015Previous: €167,762
Current liabilities€70,484Previous: €130,505
Revenue trend2 periods
€455,550
2024-12-31
€336,209
2025-12-31
Operating profit (loss) trend2 periods
€22,489
2024-12-31
-€1,957
2025-12-31
Profit (loss) for the financial year trend2 periods
€10,668
2024-12-31
-€9,775
2025-12-31
Assets trend2 periods
€221,230
2024-12-31
€119,316
2025-12-31

Financial ratios

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

Equity ratioWeak
6/100 · Declining
4.8 %2024-12-31: 7.0 %
Current ratioPassable
21/100 · Improving
0.64x2024-12-31: 0.34x
Operating profit marginWeak
49/100 · Declining
-0.6 %2024-12-31: 4.9 %
Ratio history
Ratio2024-12-312025-12-31
Equity ratio7.0 %4.8 %
Current ratio0.34x0.64x
Operating profit margin4.9 %-0.6 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2812939-1
VAT IDFI28129391
EU IDFIFPRO.2812939-1
MunicipalityNokia
Current registered entries
2017-02-04Registered in Tax Administration (Employer Register)
2017-02-04VAT-liable for business activity in Tax Administration (VAT Register)
2017-02-04Registered in Tax Administration (Prepayment Register)
2017-02-09Registered in Patent and Registration Office (Trade Register)
2017-02-28Registered 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 riskMekorak Engineering Oy
Grade downgradedB2 → C · new analysis 2026-10-05
Model score35/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
3 comparable periods
RevenueDeteriorating
ProfitabilityDeteriorating
SolvencyStable
LiquidityImproving
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
480 peers
Solvency18%
Below 82% of peers
Profitability21%
Below 79% of peers
Liquidity51%
Close to the peer-group midpoint
Revenue growth8%
Below 92% 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 lag170 days after period end
Typical registration lag137 days after period end
Annual continuity4 consecutive periods
Supporting factors
  • Active registered status
Risk factors to note
  • Weak current ratio
  • Negative profitability or net result
  • High balance-sheet leverage
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessments
C
2026-10-05 02:1835/100 · v0.14
B2 → C · -21 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-12-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
B2
2026-09-1556/100 · v0.14
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
2026-09-1455/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeC
Automatic model snapshot2026-10-05
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
35/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 9 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
5 Oct 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.

16 register eventsLatest event: 2025-06-12

Financial statements availability

Available financial statement periods and PRH source filings.

4 financial statement periodsLatest financial period: 2025-12-31

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

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