Risk grade updatedRisk gradeEvidence verified
21 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Business profile
Must Oy
Must Oy's registered office is Vanda. It is a limited company. The company was established on 1983-07-21. It operates in the industry of repair and maintenance of civilian ships and boats. In its latest retained statement for 2025-12-31, revenue was €19,703 and operating profit was -€5,876.
Business ID 0532233-2ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 0532233-2
- Sector
- Repair and maintenance of civilian ships and boats
- Municipality
- Vanda
- Company form
- Limited company
- Registration date
- 1983-07-21
- Business ID registration date
- 1983-11-18
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Lammastie 8-12 C 14, 01710, Vanda
Phone: +358400609273Source observation
Email: [email protected]Source observation
Website: https://www.liikkuvavenehuolto.fiSource observation
People and decision-makers
Saxberg Jyrki PetteriToimitusjohtaja
About Must Oy
Financial position and key figures for the company.
Must Oy's location municipality is Vanda. It is a limited company. The company was established on 1983-07-21. It operates in the industry of repair and maintenance of civilian ships and boats. In its latest retained statement for 2025-12-31, revenue was €19,703 and operating profit was -€5,876. The latest retained financial statement for 2025-12-31 shows revenue of €19,703 and profit for the financial year of -€5,985. Based on the latest retained statement, revenue growth was -21.8%, operating margin was -30.0%, and equity ratio was +59.4%.
Auxiliary business names
Public alternate names materialized from source observations.
Venepalvelu Must
Extended business activity
A longer directory- or registry-backed activity description that complements the short registry industry label.
Yhtiön toimialana on ajoneuvojen, maatalouskoneiden, veneiden, moottoreiden, laitteiden, rakennusten ja kiinteistöjen asennus-, rakennus-, korjaus- ja huoltotoiminta, liikunta-, hoiva- ja terveydenhoitopalvelut, maa-, metsä- ja puutarhatalouden harjoittaminen sekä kaikkiin edellä mainittuihin liittyen myynti, vuokraus, koulutus ja maahantuonti.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Source observation
Derived indicators
Revenue growth-21.8%
Operating margin-30.0%
Equity ratio59.4%
Revenue€19,703-€5,491 (-21.8%) vs previous periodPrevious: €25,194
Operating profit (loss)-€5,876-€18,307 (-147.3%) vs previous periodPrevious: €12,430
Profit (loss) for the financial year-€5,985-€18,355 (-148.4%) vs previous periodPrevious: €12,370
Assets€32,177-€2,144 (-6.2%) vs previous periodPrevious: €34,320
Balance-sheet contextLatest financial period
Profit before taxes-€5,985Previous: €12,370
Employees1Previous: 1
Revenue trend5 periods
€73,121
2021-12-31
€64,371
2022-12-31
€44,620
2023-12-31
€25,194
2024-12-31
€19,703
2025-12-31
Operating profit (loss) trend5 periods
-€12,902
2021-12-31
-€16,091
2022-12-31
-€15,586
2023-12-31
€12,430
2024-12-31
-€5,876
2025-12-31
Profit (loss) for the financial year trend5 periods
-€8,362
2021-12-31
-€16,205
2022-12-31
-€13,403
2023-12-31
€12,370
2024-12-31
-€5,985
2025-12-31
Assets trend5 periods
€60,731
2021-12-31
€40,798
2022-12-31
€35,081
2023-12-31
€34,320
2024-12-31
€32,177
2025-12-31
Additional financial figures
The company's financial figures across different years.
Revenue 2025€19,703
Profit for the financial year 2025-€5,985
Balance sheet total 2025€32,177
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €19,703 | €25,194 | €44,620 | €64,371 | €73,121 | - | - | - | - | - |
| Revenue growth | -21,8 % | -43,5 % | -30,7 % | -12 % | 27,7 % | - | - | - | - | - |
| Operating profit | -€5,876 | €12,430 | -€15,586 | -€16,091 | -€12,902 | - | - | - | - | - |
| EBIT margin | -30 % | 48 % | -35,6 % | -25 % | -17,8 % | - | - | - | - | - |
| Profit for the financial year | -€5,985 | €12,370 | -€13,403 | -€16,205 | -€8,362 | - | - | - | - | - |
| Taxable income | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 |
| Income tax | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 |
| Income after tax | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 |
| Profit before taxes | -€5,985 | €12,370 | -€13,403 | -€16,205 | -€8,362 | - | - | - | - | - |
| Equity ratio | 59,4 % | 78,8 % | 41,7 % | 68,3 % | 72,1 % | - | - | - | - | - |
| Balance sheet total | €32,177 | €34,320 | €35,081 | €40,798 | €60,731 | - | - | - | - | - |
| Employees | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - |
Financial ratios
Financial ratios based on financial statement data. Source: Lähdehavainto.
Equity ratioGood
74/100 · Declining
Current ratioSatisfactory
46/100 · Declining
Operating profit marginWeak
0/100 · Declining
Ratio history
| Ratio | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Equity ratio | 72.1 % | 68.3 % | 41.7 % | 78.8 % | 59.4 % |
| Current ratio | 0.71x | 0.92x | 0.19x | 1.57x | 1.38x |
| Operating profit margin | -17.8 % | -25.0 % | -35.6 % | 48.0 % | -30.0 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID0532233-2
VAT IDFI05322332
EU IDFIFPRO.0532233-2
MunicipalityVanda
Current registered entries
1983-07-21Registered in Patent and Registration Office (Trade Register)
1983-11-18Registered in Tax Administration (Tax Administration)
1994-06-01VAT-liable for business activity in Tax Administration (VAT Register)
1995-03-01Registered in Tax Administration (Prepayment Register)
Responsible people
Public role relationships materialized from source observations.
Saxberg Jyrki PetteriToimitusjohtajaSources: 3 · Confidence: 76%
Saxberg Jyrki PetteriHallituksen jäsenSources: 1 · Confidence: 74%
Taru SeunaHallitus: 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
B2
SatisfactoryMust Oy
Grade downgradedB1 → B2 · new analysis 2026-10-21
59/100
High
Strong financial evidenceFinancial data included
Financial development has been volatile across multiple domains.
4 comparable periodsProfitabilityVolatile
SolvencyVolatile
LiquidityImproving
Same industryDescriptive comparison – does not change the model score.
136 peersSolvency55%
Better than 55% of peers
Profitability5%
Below 95% of peers
Liquidity71%
Better than 71% of peers
Revenue growth13%
Below 87% of peers
Supporting factors
- Strong equity ratio
- Company context reduces the weight of an isolated financial signal
- Active registered status
Risk factors to note
- Negative profitability or net result
- Material volatility across multiple financial domains
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsB2
2026-10-2159/100 · v0.15
B1 → B2 · -7 points- Revenue: Not enough history → Deteriorating
- Profitability: Not enough history → Volatile
- Solvency: Not enough history → Volatile
B1
2026-10-1266/100 · v0.14
Oldest retained automatic assessment in this comparisonB2
2026-10-21
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 riskmedium
50/100
Industry context is medium based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 43 years of registry continuity.
Registry and status signalsVakaa
82/100
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
12 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Registry timeline
Trade register notifications shown on a timeline.
15 register eventsLatest event: 2026-08-04
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
Must Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.