Business profile

WK-Forest Oy

WK-Forest Oy's registered office is Turku. It is a limited company. The company was established on 2018-05-02. It operates in the industry of freight transport by road. In its latest retained statement for 2022-12-31, revenue was €631,333 and operating profit was €29,233.

Claim profileContact details
Business ID 2908647-7ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2908647-7
Sector
Freight transport by road
Municipality
Turku
Company form
Limited company
Registration date
2018-05-02
Business ID registration date
2018-04-10
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Itäinen Rantakatu 78 A 4, 20810, Turku

About WK-Forest Oy

Financial position and key figures for the company.

WK-Forest Oy's location municipality is Turku. It is a limited company. The company was established on 2018-05-02. It operates in the industry of freight transport by road. In its latest retained statement for 2022-12-31, revenue was €631,333 and operating profit was €29,233. The latest retained financial statement for 2022-12-31 shows revenue of €631,333 and profit for the financial year of €21,045. Based on the latest retained statement, revenue growth was +9.9%, operating margin was +4.6%, and equity ratio was +32.8%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2022-12-31

Imported periods2
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth9.9%
Operating margin4.6%
Equity ratio32.8%
Revenue€631,333+€56,700 (+9.9%) vs previous periodPrevious: €574,633
Operating profit (loss)€29,233+€12,331 (+73.0%) vs previous periodPrevious: €16,902
Profit (loss) for the financial year€21,045+€9,473 (+81.9%) vs previous periodPrevious: €11,572
Assets€244,323+€19,221 (+8.5%) vs previous periodPrevious: €225,102
Balance-sheet contextLatest financial period
Other operating income€2,380Previous: €0
Cash and bank€78,617Previous: €68,755
Retained earnings€54,949Previous: €43,376
Equity€80,194Previous: €59,149
Liabilities€164,129Previous: €165,954
Current assets€154,696Previous: €126,185
Current liabilities€99,543Previous: €92,432
Revenue trend2 periods
€574,633
2021-12-31
€631,333
2022-12-31
Operating profit (loss) trend2 periods
€16,902
2021-12-31
€29,233
2022-12-31
Profit (loss) for the financial year trend2 periods
€11,572
2021-12-31
€21,045
2022-12-31
Assets trend2 periods
€225,102
2021-12-31
€244,323
2022-12-31

Financial ratios

Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.

Equity ratioSatisfactory
41/100 · Improving
32.8 %2021-12-31: 26.3 %
Current ratioPassable
26/100 · Improving
0.79x2021-12-31: 0.74x
Operating profit marginSatisfactory
62/100 · Improving
4.6 %2021-12-31: 2.9 %
Ratio history
Ratio2021-12-312022-12-31
Equity ratio26.3 %32.8 %
Current ratio0.74x0.79x
Operating profit margin2.9 %4.6 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2908647-7
VAT IDFI29086477
EU IDFIFPRO.2908647-7
MunicipalityTurku
Current registered entries
2018-04-09VAT-liable for business activity in Tax Administration (VAT Register)
2018-04-10Registered in Tax Administration (Prepayment Register)
2018-05-02Registered in Tax Administration (Tax Administration)
2018-05-02Registered in Patent and Registration Office (Trade Register)
2018-06-01Registered 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
StableWK-Forest Oy
Grade upgradedB2 → B1 · new analysis 2026-09-19
Model score62/100
Assessment confidenceLow
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectoryFinancial development is mostly stable or mixed.
2 comparable periods
RevenueStable
ProfitabilityStable
SolvencyImproving
LiquidityStable
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
407 peers
Solvency34%
Below 66% of peers
Profitability45%
Below 55% of peers
Liquidity58%
Better than 58% of peers
Revenue growth72%
Better than 72% of peers
Financial statement reporting patternRegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
2 observed filings
Latest registration lag185 days after period end
Typical registration lag186 days after period end
Annual continuity2 consecutive periods
Supporting factors
  • Active registered status
  • A newer financial statement filing has been reported
Risk factors to note
  • Parsed financial metrics are older than the newest reported filing
  • Weak current ratio
  • Elevated industry distress context
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
B1
2026-09-19 01:5562/100 · v0.14
B2 → B1 · +9 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2022-12-31).
  • Assessment confidence: Medium → Low.
  • Evidence quality: Registry and statistical evidence → Usable financial evidence.
B2
2026-09-1453/100 · v0.14
B2 → B2
B2
2026-09-1453/100 · v0.13
B2 → B2 · -1 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.
B2
2026-09-1354/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB1
Automatic model snapshot2026-09-19
Automatic model versionopen-risk-grade-v0.14
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 riskelevated
32/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 8 years of registry continuity.

Registry and status signalsSeurattava
67/100

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 → B1.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.

Registry timeline

Trade register notifications shown on a timeline.

14 register eventsLatest event: 2025-07-01

Financial statements availability

Available financial statement periods and PRH source filings.

2 financial statement periodsLatest financial period: 2022-12-31

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

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