Business profile

Covermat Oy

Covermat Oy's registered office is Naantali. It is a limited company. The company was established on 1991-08-28. It operates in the industry of installation of insulation. In its latest retained statement for 2024-12-31, revenue was €3,675,503 and operating profit was €323,525.

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Business ID 0857372-7ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
0857372-7
Sector
Installation of insulation
Municipality
Naantali
Company form
Limited company
Registration date
1991-08-28
Business ID registration date
1991-09-30
Business status
Valid
Profile ownership
Unclaimed company profile
Data source
Public registry data

Contact and location summary

Visiting address: Palttankatu 13 B 6, 21100, Naantali

About Covermat Oy

Financial position and key figures for the company.

Covermat Oy's location municipality is Naantali. It is a limited company. The company was established on 1991-08-28. It operates in the industry of installation of insulation. In its latest retained statement for 2024-12-31, revenue was €3,675,503 and operating profit was €323,525. The latest retained financial statement for 2024-12-31 shows revenue of €3,675,503 and profit for the financial year of €276,937. Based on the latest retained statement, revenue growth was +18.6%, operating margin was +8.8%, and equity ratio was +71.3%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2024-12-31

Imported periods3
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth18.6%
Operating margin8.8%
Equity ratio71.3%
Balance-sheet contextLatest retained period snapshot
Other operating income€7,610Previous: €5,550
Inventory€3,353Previous: €4,590
Cash and bank€205,700Previous: €234,458
Retained earnings€819,001Previous: €706,082
Equity€1,104,348Previous: €899,358
Liabilities€444,216Previous: €350,150
Current assets€918,848Previous: €1,003,257
Current liabilities€443,526Previous: €350,150
Revenue trend2 periods
€3,100,092
2023-12-31
€3,675,503
2024-12-31
Operating profit (loss) trend2 periods
€227,444
2023-12-31
€323,525
2024-12-31
Profit (loss) for the financial year trend2 periods
€184,867
2023-12-31
€276,937
2024-12-31
Assets trend2 periods
€1,249,508
2023-12-31
€1,548,563
2024-12-31

Financial ratios

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

Equity ratioGood
89/100 · Declining
71.3 %2023-12-31: 72.0 %
Current ratioWeak
16/100 · Declining
0.47x2023-12-31: 0.68x
Operating profit marginSatisfactory
72/100 · Improving
8.8 %2023-12-31: 7.3 %
Ratio history
Ratio2023-12-312024-12-31
Equity ratio72.0 %71.3 %
Current ratio0.68x0.47x
Operating profit margin7.3 %8.8 %

Registry status and identifiers

Verified registry memberships and identifiers from the latest retained YTJ snapshot.

YTJ statusValid
Trade RegisterRegistered
Business ID0857372-7
VAT IDFI08573727
EU IDFIFPRO.0857372-7
MunicipalityNaantali
Current registered entries
1991-08-28Registered in Patent and Registration Office (Trade Register)
1991-09-30Registered in Tax Administration (Tax Administration)
1991-11-01Registered in Tax Administration (Employer Register)
1994-06-01VAT-liable for business activity in Tax Administration (VAT Register)
2024-09-01Registered in Tax Administration (Prepayment 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

Financial data includedNot a credit decision
B2
SatisfactoryCovermat Oy
Updated2026-08-24
ConfidenceLow
Score58/100

The grade can use open digital financial statement data together with registry signals.

Risk context

When open digital financial statements are unavailable, BUSINESS.fi shows registry, industry, and regional context.

Industry riskelevated
38/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
90/100

The company has about 34 years of registry continuity.

Registry and status signalsVakaa
78/100

Registry history, filing recency, and active register markings are still limited or mixed.

Registry timeline

Trade register notifications shown on a timeline.

18 register eventsLatest event: 2025-08-30

Financial statements availability

Available statement periods and links into the retained/parsible financial statement surfaces. Use the latest statement page for deeper line-item detail.

3 financial statement periodsLatest financial period: 2024-12-31

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

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