Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Business profile
Turtitex Oy
Turtitex Oy's registered office is Oulu. It is a limited company. The company was established on 2017-08-15. It operates in the industry of activities of insurance agents and brokers. In its latest retained statement for 2025-12-31, revenue was €308,054 and operating profit was €29,345.
Business ID 2848666-3ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2848666-3
- Sector
- Activities of insurance agents and brokers
- Municipality
- Oulu
- Company form
- Limited company
- Registration date
- 2017-08-15
- Business ID registration date
- 2017-08-09
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Albertinkatu 9 A 100, 90100, Oulu
About Turtitex Oy
Financial position and key figures for the company.
Turtitex Oy's location municipality is Oulu. It is a limited company. The company was established on 2017-08-15. It operates in the industry of activities of insurance agents and brokers. In its latest retained statement for 2025-12-31, revenue was €308,054 and operating profit was €29,345. The latest retained financial statement for 2025-12-31 shows revenue of €308,054 and profit for the financial year of -€19,413. Based on the latest retained statement, revenue growth was -17.3%, operating margin was +9.5%, and equity ratio was +29.8%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
7
2
PRH/XBRL financial statement
Derived indicators
Revenue growth-17.3%
Operating margin9.5%
Equity ratio29.8%
Balance-sheet contextLatest financial period
Other operating income€137,839Previous: €136,526
Cash and bank€24,011Previous: €57,899
Retained earnings€436,760Previous: €467,190
Equity€419,847Previous: €477,260
Liabilities€989,214Previous: €954,572
Current assets€82,355Previous: €119,745
Current liabilities€144,511Previous: €78,473
Revenue trend2 periods
€372,461
2024-12-31
€308,054
2025-12-31
Operating profit (loss) trend2 periods
€68,376
2024-12-31
€29,345
2025-12-31
Profit (loss) for the financial year trend2 periods
€7,570
2024-12-31
-€19,413
2025-12-31
Assets trend2 periods
€1,431,832
2024-12-31
€1,409,061
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioPassable
37/100 · Declining
Current ratioWeak
6/100 · Declining
Operating profit marginSatisfactory
66/100 · Declining
Ratio history
| Ratio | 2024-12-31 | 2025-12-31 |
|---|---|---|
| Equity ratio | 33.3 % | 29.8 % |
| Current ratio | 0.74x | 0.17x |
| Operating profit margin | 13.4 % | 6.6 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2848666-3
VAT IDFI28486663
EU IDFIFPRO.2848666-3
MunicipalityOulu
Current registered entries
2017-08-09Registered in Tax Administration (Employer Register)
2017-08-09Registered in Tax Administration (Prepayment Register)
2017-08-15Registered in Tax Administration (Tax Administration)
2017-08-15Registered in Patent and Registration Office (Trade Register)
2019-06-01VAT-liable for business activity in Tax Administration (VAT 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
StableTurtitex Oy
Grade unchangedB1 · new analysis 2026-09-16
63/100
High
Strong financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
3 comparable periodsSolvencyStable
Same size nationallyDescriptive comparison – does not change the model score.
429 peersSolvency31%
Below 69% of peers
Profitability56%
Better than 56% of peers
Liquidity67%
Better than 67% of peers
Revenue growth15%
Below 85% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings107 days after period end
59 days after period end
4 consecutive periods
Supporting factors
- Active registered status
- A newer financial statement filing has been reported
- Lower industry distress context
Risk factors to note
- Weak current ratio
- Negative profitability or net result
- Coordinated deterioration across 3 financial domains
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsB1
2026-09-16 18:4463/100 · v0.14
B1 → B1 · -4 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.
B1
2026-09-1467/100 · v0.14
B1 → B1B1
2026-09-1467/100 · v0.13
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
2026-09-1361/100 · v0.12
Oldest retained automatic assessment in this comparisonB1
2026-09-16
open-risk-grade-v0.14
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 risklow
77/100
Industry context is low based on normalized open statistical inputs.
Age and continuityHyvä
60/100
The company has about 9 years of registry continuity.
Registry and status signalsSeurattava
74/100
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.
Registry timeline
Trade register notifications shown on a timeline.
14 register eventsLatest event: 2026-04-17
Financial statements availability
Available financial statement periods and PRH source filings.
7 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
Turtitex Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.