Financial results publishedFinancialEvidence verified
6 Nov 2026 · OAM.fiCitycon presents outstanding operational results for Q1-Q3/2026Open original sourceBusiness profile
Citycon Oyj
Citycon Oyj's registered office is Esbo. It is a public limited company. The company was established on 1988-04-13. It operates in the industry of rental and operating of own or leased non-residential real estate. In its latest retained statement for 2025-12-31, revenue was €6,000,000 and operating profit was -€139,500,000.
Business ID 0699505-3ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 0699505-3
- Sector
- Rental and operating of own or leased non-residential real estate
- Municipality
- Esbo
- Company form
- Public limited company
- Registration date
- 1988-04-13
- Business ID registration date
- 1988-05-04
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Piispansilta 9 A, 02230, Esbo
Phone: +358207664426Source observation
Website: https://www.citycon.comSource observation
People and decision-makers
Eemeli KarkamoDirector
Phone: Phone available for logged-in usersSource: company website
Direct contact details available for logged-in usersSome person-level contact details are shown only to registered users. The data is based on public sources, such as the company's own website.Log in to view decision-maker contact details
About Citycon Oyj
Financial position and key figures for the company.
Citycon Oyj's location municipality is Esbo. It is a public limited company. The company was established on 1988-04-13. It operates in the industry of rental and operating of own or leased non-residential real estate. In its latest retained statement for 2025-12-31, revenue was €6,000,000 and operating profit was -€139,500,000. The latest retained financial statement for 2025-12-31 shows revenue of €6,000,000 and profit for the financial year of -€110,500,000. Based on the latest retained statement, revenue growth was -4.8%, operating margin was -2325.0%, and equity ratio was +34.3%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Source observation
Derived indicators
Revenue growth-4.8%
Operating margin-2325.0%
Equity ratio34.3%
Revenue€6,000,000-€300,000 (-4.8%) vs previous periodPrevious: €6,300,000
Operating profit (loss)-€139,500,000-€53,800,000 (-62.8%) vs previous periodPrevious: -€85,700,000
Profit (loss) for the financial year-€110,500,000-€38,700,000 (-53.9%) vs previous periodPrevious: -€71,800,000
Assets€3,923,700,000+€277,100,000 (+7.6%) vs previous periodPrevious: €3,646,600,000
Balance-sheet contextLatest financial period
Profit before taxes-€156,800,000Previous: -€83,600,000
Employees36Previous: 39
Revenue trend5 periods
€3,500,000
2021-12-31
€2,400,000
2022-12-31
€5,800,000
2023-12-31
€6,300,000
2024-12-31
€6,000,000
2025-12-31
Operating profit (loss) trend5 periods
-€10,000,000
2021-12-31
-€13,900,000
2022-12-31
-€14,300,000
2023-12-31
-€85,700,000
2024-12-31
-€139,500,000
2025-12-31
Profit (loss) for the financial year trend5 periods
-€7,700,000
2021-12-31
-€48,600,000
2022-12-31
€31,300,000
2023-12-31
-€71,800,000
2024-12-31
-€110,500,000
2025-12-31
Assets trend5 periods
€3,710,800,000
2021-12-31
€3,349,900,000
2022-12-31
€3,426,400,000
2023-12-31
€3,646,600,000
2024-12-31
€3,923,700,000
2025-12-31
Additional financial figures
The company's financial figures across different years.
Revenue 2025€6,000,000
Profit for the financial year 2025-€110,500,000
Balance sheet total 2025€3,923,700,000
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €6,000,000 | €6,300,000 | €5,800,000 | €2,400,000 | €3,500,000 | - | - | - | - | - |
| Revenue growth | -4,8 % | 8,6 % | 141,7 % | -31,4 % | - | - | - | - | - | - |
| Operating profit | -€139,500,000 | -€85,700,000 | -€14,300,000 | -€13,900,000 | -€10,000,000 | - | - | - | - | - |
| EBIT margin | -2 325 % | -1 360 % | -247 % | -579 % | -286 % | - | - | - | - | - |
| Profit for the financial year | -€110,500,000 | -€71,800,000 | €31,300,000 | -€48,600,000 | -€7,700,000 | - | - | - | - | - |
| Taxable income | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 |
| Income tax | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 |
| Income after tax | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 |
| Profit before taxes | -€156,800,000 | -€83,600,000 | €25,300,000 | -€49,400,000 | - | - | - | - | - | - |
| Equity ratio | 34,3 % | 40,8 % | 46,1 % | 50,6 % | 49,2 % | - | - | - | - | - |
| Balance sheet total | €3,923,700,000 | €3,646,600,000 | €3,426,400,000 | €3,349,900,000 | €3,710,800,000 | - | - | - | - | - |
| Employees | 36 | 39 | 51 | - | - | - | - | - | - | - |
Financial ratios
Financial ratios based on financial statement data. Source: Lähdehavainto.
Equity ratioSatisfactory
43/100 · Declining
Current ratioGood
68/100 · Declining
Operating profit marginWeak
0/100 · Declining
Ratio history
| Ratio | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Equity ratio | 49.2 % | 50.6 % | 46.1 % | 40.8 % | 34.3 % |
| Current ratio | 0.69x | 0.70x | 1.07x | 5.07x | 2.05x |
| Operating profit margin | -286.0 % | -579.0 % | -247.0 % | -1360.0 % | -2325.0 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID0699505-3
VAT IDFI06995053
EU IDFIFPRO.0699505-3
MunicipalityEsbo
Current registered entries
1988-04-13Registered in Patent and Registration Office (Trade Register)
1988-05-01Registered in Tax Administration (Employer Register)
1988-05-04Registered in Tax Administration (Tax Administration)
1994-06-01VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT Register)
1995-03-01Registered in Tax Administration (Prepayment Register)
2003-10-30VAT-liable for business activity in Tax Administration (VAT Register)
Responsible people
Public role relationships materialized from source observations.
Direct contact details available for logged-in users.
Voluntary Tender OfferCEOSources: 1 · Confidence: 70%
Eshel PestiToimitusjohtajaSources: 1 · Confidence: 76%
Chaim KatzmanHallituksen puheenjohtajaSources: 2 · Confidence: 99%
Eero Tapio SihvonenMember Board of DirectorsSources: 1 · Confidence: 76%
Anu ServoPäävastuullinen tilintarkastajaSources: 1 · Confidence: 76%
Yehuda AngsterHallitus: varsinainen jäsenSources: 1 · Confidence: 76%
Adi JeminiHallitus: varsinainen jäsenSources: 1 · Confidence: 76%
Keren KalifaHallitus: varsinainen jäsenSources: 1 · Confidence: 76%
Alexandre KoifmanHallitus: varsinainen jäsenSources: 1 · Confidence: 76%
David LukesHallitus: varsinainen jäsenSources: 1 · Confidence: 76%
Joanne SoninHallitus: varsinainen jäsenSources: 1 · Confidence: 76%
F. BallHallitus: varsinainen jäsenSources: 1 · Confidence: 76%
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
A3
GoodCitycon Oyj
Grade unchangedA3 · new analysis 2026-10-18
79/100
Medium
Registry and statistical evidenceRegistry and statistics based
Supporting factors
- Active registered status
- Long registry continuity
- Lower industry distress context
Risk factors to note
- Sufficient structured financial metrics are not available
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsA3
2026-10-1879/100 · v0.15
A3 → A3A3
2026-10-1379/100 · v0.14
Oldest retained automatic assessment in this comparisonA3
2026-10-18
open-risk-grade-v0.15
The grade uses registry, industry, and regional signals because sufficient source-backed financial metrics are not available for a Tier 1 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 risklow
77/100
Industry context is low based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 38 years of registry continuity.
Registry and status signalsVakaa
86/100
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.
Cityconin taloudellinen raportointi ja yhtiökokous vuonna 2027News
6 Nov 2026 · OAM.fi · 2 source documentsOpen original sourceCitycon's Financial Reporting Schedule and AGM in 2027News
6 Nov 2026 · OAM.fiOpen original sourceCityconin operatiivinen tulos Q1-Q3/2026 oli erinomainenNews
6 Nov 2026 · OAM.fiOpen original sourceMuutos Cityconin vuoden 2026 taloudellisen raportoinnin julkaisuaikatauluunNews
4 Nov 2026 · OAM.fiOpen original sourceChange to Citycon's financial reporting schedule in 2026News
4 Nov 2026 · OAM.fiOpen original sourceRisk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.Risk grade updatedRisk gradeEvidence verified
13 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.Registry timeline
Trade register notifications shown on a timeline.
80 register eventsLatest event: 2026-09-15
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
Citycon Oyj shows public core facts. A company representative can claim the profile, update public information, and access owner tools.