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Turtitex Oy
OY
Active
Y-tunnus 2848666-3
Karhuojantie 221
Activities of insurance agents and brokers · NACE 6622
Est. 2017
— employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
EUR 308K
-17% vs 2024
EBITDA margin
11.1%
-96% vs 2024
Equity ratio
29.8%
Financial strength
Net profit 2025
EUR -19K
-356% vs 2024
EBITDA — year on year
EUR millions
1M
1M
1M
0M
0M
0M
2021
1M
+100%
2022
1M
0%
2023
1M
0%
2024
0M
-100%
2025
Key figures
Annual report 2025
Revenue
EUR 308K
-17%
EBITDA
EUR 34K
-96%
Net profit
EUR -19K
-356%
Total assets
EUR 1,4M
-2%
Equity
EUR 420K
-12%
Employees
—
—
Company information
Legal name
Turtitex Oy
Y-tunnus number
2848666-3
Legal form
Osakeyhtiö
NACE code
6622 · Activities of insurance agents and brokers
Founded
9. elokuuta 2017
Share capital
EUR 2 500
Employees
—
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Toimitusjohtaja yksin
Company purpose
Yhtiön toimiala on vakuutusten myynti sekä kaikki muu laillinen liiketoiminta.
Contact
Address
Karhuojantie 221
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Revenue
EUR millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
EBITDA
EUR millions
0M
0M
1M
1M
1M
0M
2021
1M
2022
1M
2023
1M
2024
0M
2025
Income statement
EUR thousands
Item
2021
2022
2023
2024
2025
Revenue
341
267
264
372
308
Staff expenses
−37
54
84
207
−155
EBITDA
320
678
705
946
34
Depreciation & amort.
−5
34
29
4
−5
EBIT
315
166
54
68
29
Net financials
−16
−22
−49
—
—
Profit before tax
299
144
5
11
−19
Tax
58
31
1
3
−1
Net profit
241
113
4
8
−19
Balance sheet
EUR thousands
Item
2021
2022
2023
2024
2025
Total assets
1 341
1 672
1 585
1 432
1 409
Equity
475
551
510
477
420
Long-term debt
773
1 007
984
876
845
Short-term debt
93
114
90
78
145
Total debt
865
1 122
1 074
955
989
Financial ratios
5-year trend
EBITDA margin
11.1%
This company
15.8%
Market median
-30% vs market
2021
2025
Equity ratio
29.8%
This company
38.2%
Market median
-22% vs market
2021
2025
Return on equity
-4.6%
This company
18.4%
Market median
-125% vs market
2021
2025
Net profit margin
-6.3%
This company
8.1%
Market median
-178% vs market
2021
2025
Asset turnover
0.22×
This company
1.12×
Market median
-80% vs market
2021
2025
Debt / equity
2.36×
This company
0.62×
Market median
-281% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via PRH / YTJ · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via PRH / YTJ · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via PRH / YTJ · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via PRH / YTJ · Period 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
JM
Juha Mikael Turtio
Deputy Member
Deputy Member
2017
TH
Tero Heikki Turtio
Chief Executive Officer
Chief Executive Officer
2017
Former (1)
SJ
Suvi-Kristiina Joutsiniemi
Audit
Audit
2019 – 2023
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of Turtitex Oy also hold positions in
0
other companies.
Person
Role here
Other companies
Juha Mikael Turtio
Deputy Member
0 companies
Suvi-Kristiina Joutsiniemi
Audit
0 companies
Tero Heikki Turtio
Chief Executive Officer
0 companies