Business profile

WORTEQ OY

WORTEQ OY's registered office is Toivakka. It is a limited company. The company was established on 2018-08-06. It operates in the industry of repair and maintenance of metal-cutting and metal-forming machinery and other machine tools. In its latest retained statement for 2025-07-31, revenue was €209,293 and operating profit was €3,496.

Business ID 2929174-5ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2929174-5
Sector
Repair and maintenance of metal-cutting and metal-forming machinery and other machine tools
Municipality
Toivakka
Company form
Limited company
Registration date
2018-08-06
Business ID registration date
2018-07-31
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Huikontie 539, 41660, Toivakka

Website: https://www.worteq.fiSource observation

About WORTEQ OY

Financial position and key figures for the company.

WORTEQ OY's location municipality is Toivakka. It is a limited company. The company was established on 2018-08-06. It operates in the industry of repair and maintenance of metal-cutting and metal-forming machinery and other machine tools. In its latest retained statement for 2025-07-31, revenue was €209,293 and operating profit was €3,496. The latest retained financial statement for 2025-07-31 shows revenue of €209,293 and profit for the financial year of €2,827. Based on the latest retained statement, revenue growth was -31.9%, operating margin was +1.7%, and equity ratio was +87.7%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-07-31

Imported periods3
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-31.9%
Operating margin1.7%
Equity ratio87.7%
Revenue€209,293-€97,921 (-31.9%) vs previous periodPrevious: €307,214
Operating profit (loss)€3,496-€35,112 (-90.9%) vs previous periodPrevious: €38,608
Profit (loss) for the financial year€2,827-€27,954 (-90.8%) vs previous periodPrevious: €30,781
Assets€111,809-€55,883 (-33.3%) vs previous periodPrevious: €167,692
Balance-sheet contextLatest financial period
Cash and bank€77,054Previous: €127,850
Retained earnings€92,679Previous: €101,898
Equity€98,006Previous: €135,179
Liabilities€13,803Previous: €32,513
Current assets€109,390Previous: €164,467
Current liabilities€13,803Previous: €32,513
Revenue trend2 periods
€307,214
2024-07-31
€209,293
2025-07-31
Operating profit (loss) trend2 periods
€38,608
2024-07-31
€3,496
2025-07-31
Profit (loss) for the financial year trend2 periods
€30,781
2024-07-31
€2,827
2025-07-31
Assets trend2 periods
€167,692
2024-07-31
€111,809
2025-07-31

Financial ratios

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

Equity ratioGood
100/100 · Improving
87.7 %2024-07-31: 80.6 %
Current ratioGood
100/100 · Improving
5.58x2024-07-31: 3.93x
Operating profit marginPassable
54/100 · Declining
1.7 %2024-07-31: 12.6 %
Ratio history
Ratio2024-07-312025-07-31
Equity ratio80.6 %87.7 %
Current ratio3.93x5.58x
Operating profit margin12.6 %1.7 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2929174-5
VAT IDFI29291745
EU IDFIFPRO.2929174-5
MunicipalityToivakka
Current registered entries
2018-07-31VAT-liable for business activity in Tax Administration (VAT Register)
2018-07-31Registered in Tax Administration (Prepayment Register)
2018-08-06Registered in Tax Administration (Tax Administration)
2018-08-06Registered in Patent and Registration Office (Trade 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
StableWORTEQ OY
Grade upgradedB2 → B1 · new analysis 2026-10-03
Model score68/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
3 comparable periods
RevenueDeteriorating
ProfitabilityDeteriorating
SolvencyImproving
LiquidityImproving
Peer comparisonNational Tier 1 comparisonDescriptive comparison – does not change the model score.
186 peers
Solvency81%
Better than 81% of peers
Profitability51%
Close to the peer-group midpoint
Liquidity93%
Better than 93% of peers
Revenue growth11%
Below 89% 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.
3 observed filings
Latest registration lag135 days after period end
Typical registration lag135 days after period end
Annual continuity3 consecutive periods
Supporting factors
  • Strong equity ratio
  • Healthy short-term liquidity
  • Active registered status
Risk factors to note
  • Sharp year-over-year revenue drop
  • Coordinated deterioration across 2 financial domains
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessments
B1
2026-10-03 06:1068/100 · v0.14
B2 → B1 · +9 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-07-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
B2
2026-09-1559/100 · v0.14
B2 → B2 · +2 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
2026-09-1457/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB1
Automatic model snapshot2026-10-03
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 riskmedium
50/100

Industry context is medium based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 8 years of registry continuity.

Registry and status signalsSeurattava
69/100

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
3 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2 → B1.
Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.
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: 2025-12-13

Financial statements availability

Available financial statement periods and PRH source filings.

3 financial statement periodsLatest financial period: 2025-07-31

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

WORTEQ OY shows public core facts. A company representative can claim the profile, update public information, and access owner tools.