Business profile

Mert Group Oy

Mert Group Oy's registered office is Vanda. It is a limited company. The company was established on 1998-02-11. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2023-04-30, revenue was €109,061 and operating profit was €3,617.

Claim profileContact details
Business ID 1453565-5ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
1453565-5
Sector
Construction of residential and non-residential buildings
Municipality
Vanda
Company form
Limited company
Registration date
1998-02-11
Business ID registration date
1998-03-12
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Metsolantie 19, 01450, Vanda

Phone: +358451876767Source observation

Email: [email protected]Source observation

Website: https://mertgroup.fiSource observation

Instagram profile: https://www.instagram.com/mertgroup.finland?utm_source=qrSource: company website

Facebook profile: https://www.facebook.com/profile.php?id=61552860994817Source: company website

People and decision-makers

Barzegar MehdiToimitusjohtaja

About Mert Group Oy

Financial position and key figures for the company.

Mert Group Oy's location municipality is Vanda. It is a limited company. The company was established on 1998-02-11. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2023-04-30, revenue was €109,061 and operating profit was €3,617. The latest retained financial statement for 2023-04-30 shows revenue of €109,061 and profit for the financial year of €747. Based on the latest retained statement, revenue growth was -9.8%, operating margin was +3.1%, and equity ratio was +23.5%.

Financial highlights

Key figures from the latest financial period.

Latest financial period

2023-04-30

Imported periods0
PRH parsed0
Profile sourceEnriched source observation
Derived indicators
Revenue growth-9.8%
Operating margin3.1%
Equity ratio23.5%
Revenue€109,061-€11,784 (-9.8%) vs previous periodPrevious: €120,845
Operating profit (loss)€3,617+€19,228 (+123.2%) vs previous periodPrevious: -€15,610
Profit (loss) for the financial year€747+€17,596 (+104.4%) vs previous periodPrevious: -€16,849
Assets€30,797+€8,466 (+37.9%) vs previous periodPrevious: €22,331
Balance-sheet contextLatest financial period
Profit before taxes€1,541Previous: -€16,231
Revenue trend5 periods
€146,475
2019-04-30
€139,730
2020-04-30
€58,270
2021-04-30
€120,845
2022-04-30
€109,061
2023-04-30
Operating profit (loss) trend5 periods
€1,737
2019-04-30
€929
2020-04-30
€28,924
2021-04-30
-€15,610
2022-04-30
€3,617
2023-04-30
Profit (loss) for the financial year trend4 periods
€214
2020-04-30
€24,696
2021-04-30
-€16,849
2022-04-30
€747
2023-04-30
Assets trend4 periods
€10,623
2020-04-30
€39,435
2021-04-30
€22,331
2022-04-30
€30,797
2023-04-30

Financial ratios

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

Equity ratioPassable
29/100 · Declining
23.5 %2022-04-30: 29.1 %
Current ratioNot assessable
0/100 · Trend unavailable
Not available2022-04-30: Ei saatavilla
Operating profit marginSatisfactory
58/100 · Improving
3.1 %2022-04-30: -12.9 %
Ratio history
Ratio2019-04-302020-04-302021-04-302022-04-302023-04-30
Equity ratio-9.4 %-12.7 %59.2 %29.1 %23.5 %
Current ratio-----
Operating profit margin1.2 %0.7 %28.8 %-12.9 %3.1 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID1453565-5
EU IDFIFPRO.1453565-5
MunicipalityVanda
Current registered entries
1998-02-11Registered in Patent and Registration Office (Trade Register)
1998-03-12Registered in Tax Administration (Tax Administration)

Responsible people

Public role relationships materialized from source observations.

Barzegar MehdiToimitusjohtajaSources: 4 · Confidence: 78%
Barzegar MehdiVarsinainen jäsenSources: 2 · Confidence: 78%
Yildirim ÖzkanTilintarkastajaSources: 2 · Confidence: 78%

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
B2
SatisfactoryMert Group Oy
Grade unchangedB2 · new analysis 2026-10-17
Model score57/100
Assessment confidenceLow
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectoryFinancial development is mostly stable or mixed.
4 comparable periods
RevenueImproving
ProfitabilityVolatile
SolvencyDeteriorating · 2 consecutive periods
LiquidityNot enough history
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
301 peers
Solvency29%
Below 71% of peers
Profitability34%
Below 66% of peers
Revenue growth22%
Below 78% of peers
Supporting factors
  • Active registered status
  • A newer financial statement filing has been reported
  • Long registry continuity
Risk factors to note
  • Parsed financial metrics are older than the newest reported filing
  • Elevated industry distress context
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessments
B2
2026-10-1757/100 · v0.15
B2 → B2
B2
2026-09-1957/100 · v0.14
Oldest retained automatic assessment in this comparison
Automatic model gradeB2
Automatic model snapshot2026-10-17
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 riskhigh
25/100

Industry context is high based on normalized open statistical inputs.

Age and continuityVakiintunut
90/100

The company has about 28 years of registry continuity.

Registry and status signalsSeurattava
58/100

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
19 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.

Registry timeline

Trade register notifications shown on a timeline.

15 register eventsLatest event: 2025-07-11

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-03-03.

This company profile has not been claimed yet

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