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OYActiveY-tunnus 0910854-4Pilvenmäentie 9Machining of metals · NACE 2553Est. 199215 employees
Revenue 2025
EUR 2,1M
+9% vs 2024
EBITDA margin
23.3%
-86% vs 2024
Equity ratio
60.8%
Financial strength
Net profit 2025
EUR 271K
+3% vs 2024
| Revenue | EUR 2,1M | +9% |
| EBITDA | EUR 491K | -86% |
| Net profit | EUR 271K | +3% |
| Total assets | EUR 2,4M | -4% |
| Equity | EUR 1,5M | -33% |
| Employees | 15 | — |
Legal name
Formet Oy
Y-tunnus number
0910854-4
Legal form
Osakeyhtiö
NACE code
2553 · Machining of metals
Founded
15. joulukuuta 1992
Share capital
EUR 52 559
Employees
15 (FTE)
VAT registered
No
Audit selected
No
Last report
2025-08-31
Financial year
January – December
Signatory rights
Hallituksen puheenjohtaja ja toimitusjohtaja kumpikin yksin ja hallituksen jäsenet kaksi yhdessä
Company purpose
Yhtiön toimialana on koneistustyöt, teräsrakennetyöt, suunnittelu, valmistus, asennus, markkinointi ja myynti; sekä metalli- ja rakennusalan tuotteiden maahantuonti ja kauppa sekä alaan liittyvä konsultointi. Yhtiö voi omistaa ja hallita kiinteistöjä ja arvopapereita ja harjoittaa niillä liiketoimintaa.
Address
Pilvenmäentie 9
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| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 1 830 | 1 656 | 1 725 | 2 233 | 2 159 | 1 930 | 2 110 |
| Staff expenses | −776 | −717 | −716 | −798 | 855 | 840 | −860 |
| EBITDA | 421 | 373 | 365 | 587 | 3 822 | 3 471 | 491 |
| Depreciation & amort. | −87 | −72 | −103 | −98 | 73 | 61 | −133 |
| EBIT | 334 | 301 | 263 | 489 | 424 | 327 | 358 |
| Net financials | −7 | −5 | −4 | −5 | −5 | 0 | 0 |
| Profit before tax | 327 | 296 | 259 | 484 | 419 | 331 | 341 |
| Tax | 67 | 60 | 53 | 98 | 86 | 68 | −69 |
| Net profit | 261 | 236 | 206 | 386 | 333 | 263 | 271 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total assets | 2 172 | 2 225 | 2 339 | 2 506 | 2 511 | 2 527 | 2 417 |
| Equity | 1 452 | 1 645 | 1 745 | 1 963 | 2 137 | 2 199 | 1 470 |
| Long-term debt | 298 | 181 | 146 | 99 | 63 | 33 | 486 |
| Short-term debt | 422 | 400 | 448 | 444 | 311 | 295 | 462 |
| Total debt | 721 | 581 | 594 | 544 | 374 | 329 | 947 |
EBITDA margin
23.3%
This company
15.8%
Market median
+47% vs market
20192025
Equity ratio
60.8%
This company
38.2%
Market median
+59% vs market
20192025
Return on equity
18.5%
This company
18.4%
Market median
+1% vs market
20192025
Net profit margin
12.9%
This company
8.1%
Market median
+59% vs market
20192025
Asset turnover
0.87×
This company
1.12×
Market median
+22% vs market
20192025
Debt / equity
0.64×
This company
0.62×
Market median
+3% vs market
20192025
- Annual report 2025Filed via PRH / YTJ · Period 2024-09-01 – 2025-08-31
- Annual report 2024Filed via PRH / YTJ · Period 2023-09-01 – 2024-08-31
- Annual report 2023Filed via PRH / YTJ · Period 2022-09-01 – 2023-08-31
- Annual report 2022Filed via PRH / YTJ · Period 2021-09-01 – 2022-08-31
- Annual report 2021Filed via PRH / YTJ · Period 2020-09-01 – 2021-08-31
- Annual report 2020Filed via PRH / YTJ · Period 2019-09-01 – 2020-08-31
- Annual report 2019Filed via PRH / YTJ · Period 2018-09-01 – 2019-08-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TO Chief Executive Officer | Chief Executive Officer | 1993 | — | — |
SK | Audit | 2013 | — | — |
JJ Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2017 | — | — | |
| Board of Directors | 2017 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2024 | — | — |
No shareholder data available.
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No registered parent or subsidiaries
Board members of Formet Oy also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Timo Olavi Saarinen | Chief Executive Officer | 0 companies |
| Salla Krista Helena Saarinen | Audit | 0 companies |
| Juha Janne Sakari Päivinen | Chief Executive Officer | 0 companies |
| Sami Petteri Illikainen | Board of Directors | 0 companies |
| Timo Olavi Saarinen | Board of Directors | 0 companies |
| Henrik Tapio Nylander | Board of Directors | 0 companies |
| Teemu Valtteri Rantala | Board of Directors | 0 companies |
| Jani Veijo Veikko Salko | Board of Directors | 0 companies |