Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Business profile
Turku Steel Oy
Turku Steel Oy's registered office is Turku. It is a limited company. The company was established on 1993-09-22. It operates in the industry of manufacture of other fabricated metal products n.e.c.. In its latest retained statement for 2025-05-31, revenue was €736,058 and operating profit was -€20,092.
Business ID 0945856-0ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 0945856-0
- Sector
- Manufacture of other fabricated metal products n.e.c.
- Municipality
- Turku
- Company form
- Limited company
- Registration date
- 1993-09-22
- Business ID registration date
- 1993-11-05
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: VAHDONTIE 91, 20320, Turku
About Turku Steel Oy
Financial position and key figures for the company.
Turku Steel Oy's location municipality is Turku. It is a limited company. The company was established on 1993-09-22. It operates in the industry of manufacture of other fabricated metal products n.e.c.. In its latest retained statement for 2025-05-31, revenue was €736,058 and operating profit was -€20,092. The latest retained financial statement for 2025-05-31 shows revenue of €736,058 and profit for the financial year of -€20,036. Based on the latest retained statement, revenue growth was -7.2%, operating margin was -2.7%, and equity ratio was +20.2%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-05-31
4
2
PRH/XBRL financial statement
Derived indicators
Revenue growth-7.2%
Operating margin-2.7%
Equity ratio20.2%
Balance-sheet contextLatest financial period
Inventory€115,665Previous: €52,601
Cash and bank€163,376Previous: €69,925
Advances received€235,194Previous: €54,316
Retained earnings€103,316Previous: €114,593
Equity€86,055Previous: €126,091
Liabilities€340,294Previous: €176,105
Current assets€389,325Previous: €255,737
Current liabilities€340,294Previous: €176,105
Revenue trend2 periods
€792,814
2024-05-31
€736,058
2025-05-31
Operating profit (loss) trend2 periods
€12,616
2024-05-31
-€20,092
2025-05-31
Profit (loss) for the financial year trend2 periods
€8,723
2024-05-31
-€20,036
2025-05-31
Assets trend2 periods
€302,196
2024-05-31
€426,350
2025-05-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioSatisfactory
56/100 · Declining
Current ratioPassable
27/100 · Improving
Operating profit marginWeak
43/100 · Declining
Ratio history
| Ratio | 2024-05-31 | 2025-05-31 |
|---|---|---|
| Equity ratio | 50.9 % | 45.0 % |
| Current ratio | 0.70x | 0.82x |
| Operating profit margin | 1.6 % | -2.7 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID0945856-0
VAT IDFI09458560
EU IDFIFPRO.0945856-0
MunicipalityTurku
Current registered entries
1993-09-22Registered in Patent and Registration Office (Trade Register)
1993-11-05Registered 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)
2016-02-01Registered in Tax Administration (Employer 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
B1
StableTurku Steel Oy
Grade unchangedB1 · new analysis 2026-10-18
60/100
High
Strong financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
3 comparable periodsRevenueStable
LiquidityStable
Same size nationallyDescriptive comparison – does not change the model score.
812 peersSolvency42%
Below 58% of peers
Profitability16%
Below 84% of peers
Liquidity57%
Better than 57% of peers
Revenue growth27%
Below 73% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings118 days after period end
151 days after period end
4 consecutive periods
Supporting factors
- Strong equity ratio
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Weak current ratio
- Negative profitability or net result
- Coordinated deterioration across 2 financial domains
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsB1
2026-10-1860/100 · v0.15
B1 → B1B1
2026-09-23 11:4560/100 · v0.14
B1 → B1 · -6 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-05-31).
- Assessment confidence: Medium → High.
- Evidence quality: Registry and statistical evidence → Strong financial evidence.
B1
2026-09-1566/100 · v0.14
B1 → B1 · +6 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.
B1
2026-09-1360/100 · v0.12
Oldest retained automatic assessment in this comparisonB1
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 riskelevated
48/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 33 years of registry continuity.
Registry and status signalsVakaa
83/100
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
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Risk grade updatedRisk gradeEvidence verified
13 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Registry timeline
Trade register notifications shown on a timeline.
22 register eventsLatest event: 2025-09-26
Financial statements availability
Available financial statement periods and PRH source filings.
4 financial statement periodsLatest financial period: 2025-05-31
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-04-03.
This company profile has not been claimed yet
Turku Steel Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.