Risk grade updatedRisk gradeEvidence verified
21 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Business profile
Creotek Oy
Creotek Oy's registered office is Vanda. It is a limited company. The company was established on 2017-11-27. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2024-12-31, revenue was €1,115,745 and operating profit was €16,849.
Business ID 2869889-3ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2869889-3
- Sector
- Construction of residential and non-residential buildings
- Municipality
- Vanda
- Company form
- Limited company
- Registration date
- 2017-11-27
- Business ID registration date
- 2017-11-16
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Palttinatie 21, 01260, Vanda
Postal address: Palttinapolku 3, 01200, Vanda
Phone: +358400702710Source observation
Website: https://www.creotek.fiSource observation
Linkedin profile: https://www.linkedin.com/company/94791137Source: company website
Instagram profile: https://www.instagram.com/creotek_oySource: company website
Facebook profile: https://www.facebook.com/profile.php?id=100091419961699Source: company website
People and decision-makers
Jauhiainen Ilkka Vilho KristianToimitusjohtaja
Email: Email available for logged-in usersSource: company website
Phone: Phone available for logged-in usersSource: company website
Panu KarikumpuYrittäjä
Email: Email available for logged-in usersSource: company website
Phone: Phone available for logged-in usersSource: company website
Sami RantaDecision-maker
Email: Email available for logged-in usersSource: company website
Phone: Phone available for logged-in usersSource: company website
Arto PiiroinenDecision-maker
Email: Email available for logged-in usersSource: company website
Phone: Phone available for logged-in usersSource: company website
Vesa MalmDecision-maker
Email: Email available for logged-in usersSource: company website
Phone: Phone available for logged-in usersSource: company website
Mika RuotsalainenDecision-maker
Email: Email available for logged-in usersSource: company website
Phone: Phone available for logged-in usersSource: company website
Matti HärkönenDecision-maker
Email: Email available for logged-in usersSource: company website
Phone: Phone available for logged-in usersSource: company website
Juha NurmiDecision-maker
Email: Email available for logged-in usersSource: company website
Phone: Phone available for logged-in usersSource: company website
RAKENNUSPALVELUIDEN ALUEPÄÄLLIKKÖMYYNTI JA TYÖNJOHTO
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 Creotek Oy
Financial position and key figures for the company.
Creotek Oy's location municipality is Vanda. It is a limited company. The company was established on 2017-11-27. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2024-12-31, revenue was €1,115,745 and operating profit was €16,849. The latest retained financial statement for 2024-12-31 shows revenue of €1,115,745 and profit for the financial year of €7,633. Based on the latest retained statement, revenue growth was -22.1%, operating margin was +1.4%, and equity ratio was +60.1%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2024-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth-22.1%
Operating margin1.4%
Equity ratio60.1%
Revenue€1,115,745-€316,349 (-22.1%) vs previous periodPrevious: €1,432,094
Operating profit (loss)€16,849-€18,038 (-51.7%) vs previous periodPrevious: €34,888
Profit (loss) for the financial year€7,633-€13,305 (-63.5%) vs previous periodPrevious: €20,938
Assets€730,042-€141,278 (-16.2%) vs previous periodPrevious: €871,321
Balance-sheet contextLatest financial period
Profit before taxes€9,593Previous: €26,208
Employees15Previous: 21
Revenue trend5 periods
€1,939,773
2020-12-31
€2,084,106
2021-12-31
€2,190,379
2022-12-31
€1,432,094
2023-12-31
€1,115,745
2024-12-31
Operating profit (loss) trend5 periods
€210,057
2020-12-31
€122,178
2021-12-31
€156,096
2022-12-31
€34,888
2023-12-31
€16,849
2024-12-31
Profit (loss) for the financial year trend5 periods
€166,986
2020-12-31
€95,058
2021-12-31
€123,209
2022-12-31
€20,938
2023-12-31
€7,633
2024-12-31
Assets trend5 periods
€643,352
2020-12-31
€970,100
2021-12-31
€1,174,172
2022-12-31
€871,321
2023-12-31
€730,042
2024-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioGood
75/100 · Improving
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginPassable
54/100 · Declining
Ratio history
| Ratio | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Equity ratio | 47.1 % | 38.5 % | 39.8 % | 51.7 % | 60.1 % |
| Current ratio | - | - | - | - | - |
| Operating profit margin | 10.6 % | 5.7 % | 6.9 % | 2.3 % | 1.4 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2869889-3
VAT IDFI28698893
EU IDFIFPRO.2869889-3
MunicipalityVanda
Current registered entries
2017-11-16VAT-liable for business activity in Tax Administration (VAT Register)
2017-11-16Registered in Tax Administration (Prepayment Register)
2017-11-27Registered in Tax Administration (Tax Administration)
2017-11-27Registered in Patent and Registration Office (Trade Register)
2018-01-01Registered in Tax Administration (Employer Register)
Responsible people
Public role relationships materialized from source observations.
Direct contact details available for logged-in users.
Jauhiainen Ilkka Vilho KristianToimitusjohtajaSources: 4 · Confidence: 78%
Jauhiainen Aino InkeriToimitusjohtajan sijainenSources: 2 · Confidence: 78%
Panu KarikumpuYrittäjäSources: 1 · Confidence: 76%
Jauhiainen Ilkka Vilho KristianPuheenjohtajaSources: 2 · Confidence: 78%
Karikumpu Panu Heikki SakariVarsinainen jäsenSources: 3 · Confidence: 78%
Kuitunen Markku KalervoTilintarkastajaSources: 2 · Confidence: 78%
Timo Kalevi PackalénVaratilintarkastajaSources: 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
B1
StableCreotek Oy
Grade unchangedB1 · new analysis 2026-10-18
62/100
Medium
Usable financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
4 comparable periodsSolvencyImproving · 2 consecutive periods
LiquidityNot enough history
Same industryDescriptive comparison – does not change the model score.
297 peersSolvency60%
Better than 60% of peers
Profitability42%
Below 58% of peers
Revenue growth22%
Below 78% of peers
Supporting factors
- Strong equity ratio
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Coordinated deterioration across 2 financial domains
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsB1
2026-10-1862/100 · v0.15
B1 → B1 · -1 points- Evidence quality: Strong financial evidence → Usable financial evidence.
B1
2026-09-2163/100 · v0.14
Oldest retained automatic assessment in this comparisonB1
2026-10-18
open-risk-grade-v0.15
The grade can use open digital financial statement data together with registry signals.
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 riskhigh
25/100
Industry context is high based on normalized open statistical inputs.
Age and continuityHyvä
60/100
The company has about 8 years of registry continuity.
Registry and status signalsVakaa
75/100
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.
Registry timeline
Trade register notifications shown on a timeline.
17 register eventsLatest event: 2025-08-13
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
Creotek Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.