Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
Turun Timanttityö Oy
Turun Timanttityö Oy was declared bankrupt 2025-11-26. In its latest retained statement for 2024-06-30, revenue was €1,523,875 and operating profit was €54,708.
Business ID 3122296-8BANKRUPTCYUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 3122296-8
- Sector
- Other miscellaneous specialised construction activities n.e.c.
- Municipality
- Turku
- Company form
- Limited company
- Registration date
- 2020-04-08
- Business ID registration date
- 2020-02-27
- Business status
- BANKRUPTCY
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Hitsarinkatu 3 A 4, 20360, Turku
Email: [email protected]Source observation
Website: https://www.turuntimanttityo.fiSource observation
People and decision-makers
Mika LeinoPäävastuullinen tilintarkastaja
About Turun Timanttityö Oy
Financial position and key figures for the company.
Turun Timanttityö Oy was declared bankrupt 2025-11-26. In its latest retained statement for 2024-06-30, revenue was €1,523,875 and operating profit was €54,708. The latest retained financial statement for 2024-06-30 shows revenue of €1,523,875 and profit for the financial year of €3,302. Based on the latest retained statement, revenue growth was -0.0%, operating margin was +3.6%, and equity ratio was +1.1%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2024-06-30
0
0
Enriched source observation
Derived indicators
Revenue growth-0.0%
Operating margin3.6%
Equity ratio1.1%
Revenue€1,523,875-€125 (-0.0%) vs previous periodPrevious: €1,524,000
Operating profit (loss)€54,708-€292 (-0.5%) vs previous periodPrevious: €55,000
Profit (loss) for the financial year€3,302+€302 (+10.1%) vs previous periodPrevious: €3,000
Assets€290,949+€949 (+0.3%) vs previous periodPrevious: €290,000
Balance-sheet contextLatest financial period
Profit before taxes€10,548Previous: No comparison value
Employees14Previous: 14
Revenue trend5 periods
€79,933
2020-12-31
€755,516
2021-12-31
€832,819
2022-12-31
€1,524,000
2023-12-31
€1,523,875
2024-06-30
Operating profit (loss) trend5 periods
€6,434
2020-12-31
€10,705
2021-12-31
€4,198
2022-12-31
€55,000
2023-12-31
€54,708
2024-06-30
Profit (loss) for the financial year trend5 periods
€4,263
2020-12-31
€0
2021-12-31
-€7,994
2022-12-31
€3,000
2023-12-31
€3,302
2024-06-30
Assets trend5 periods
€82,059
2020-12-31
€20,510
2021-12-31
€275,249
2022-12-31
€290,000
2023-12-31
€290,949
2024-06-30
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioWeak
1/100 · Improving
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginSatisfactory
59/100 · Declining
Ratio history
| Ratio | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-06-30 |
|---|---|---|---|---|---|
| Equity ratio | 5.2 % | 2.8 % | 0.0 % | 1.0 % | 1.1 % |
| Current ratio | 0.58x | 0.89x | 0.75x | 0.72x | - |
| Operating profit margin | 8.1 % | 1.5 % | 0.5 % | 3.6 % | 3.6 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID3122296-8
EU IDFIFPRO.3122296-8
MunicipalityTurku
Current registered entries
2020-04-08Registered in Tax Administration (Tax Administration)
2020-04-08Registered in Patent and Registration Office (Trade Register)
Responsible people
Public role relationships materialized from source observations.
Mika LeinoPäävastuullinen tilintarkastajaSources: 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
D
High riskTurun Timanttityö Oy
Grade unchangedD · new analysis 2026-10-18
29/100
Low
Usable financial evidenceFinancial data included
Same industry and sizeDescriptive comparison – does not change the model score.
54 peersSolvency7%
Below 93% of peers
Profitability44%
Below 56% of peers
Revenue growth35%
Below 65% of peers
Supporting factors
- A newer financial statement filing has been reported
Risk factors to note
- Parsed financial metrics are older than the newest reported filing
- Severe registry event 6–12 months ago
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsD
2026-10-1829/100 · v0.15
D → D- Assessment confidence: Medium → Low.
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
- New risk factor: Parsed financial metrics are older than the newest reported filing.
D
2026-09-2029/100 · v0.14
Oldest retained automatic assessment in this comparisonD
2026-10-18
open-risk-grade-v0.15
The grade is reduced because of a critical legal status such as bankruptcy or liquidation.
A serious registry signal affects this grade. Review the profile registry and notification details as well.
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
26/100
Industry context is high based on normalized open statistical inputs.
Age and continuityHyvä
60/100
The company has about 6 years of registry continuity.
Registry and status signalsHälyttävä
0/100
Bankruptcy or liquidation status is treated as a critical legal distress signal.
Events & news
Verified events and sourced external company news in one timeline.
Risk grade updatedRisk gradeEvidence verified
20 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Registry timeline
Trade register notifications shown on a timeline.
30 register eventsLatest event: 2025-11-26
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
Turun Timanttityö Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.