Business profile

Express Kiito Oy

Express Kiito Oy was declared bankrupt 2026-05-22. In its latest retained statement for 2024-12-31, revenue was €117,601 and operating profit was -€6,095.

Claim profileContact details
Business ID 1072317-3BANKRUPTCYUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
1072317-3
Sector
On-demand passenger transport service activities by vehicle with driver
Municipality
Oulu
Company form
Limited partnership
Registration date
1995-08-02
Business ID registration date
1997-01-13
Business status
BANKRUPTCY
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Koskitie 33 B 12, 90500, Oulu

About Express Kiito Oy

Financial position and key figures for the company.

Express Kiito Oy was declared bankrupt 2026-05-22. In its latest retained statement for 2024-12-31, revenue was €117,601 and operating profit was -€6,095. The latest retained financial statement for 2024-12-31 shows revenue of €117,601 and profit for the financial year of -€7,705. Based on the latest retained statement, revenue growth was -18.2%, operating margin was -5.2%, and equity ratio was +48.1%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2024-12-31

Imported periods2
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-18.2%
Operating margin-5.2%
Equity ratio48.1%
Revenue€117,601-€26,099 (-18.2%) vs previous periodPrevious: €143,700
Operating profit (loss)-€6,095-€4,873 (-399.1%) vs previous periodPrevious: -€1,221
Profit (loss) for the financial year-€7,705-€5,453 (-242.2%) vs previous periodPrevious: -€2,252
Assets€75,943+€6,400 (+9.2%) vs previous periodPrevious: €69,544
Balance-sheet contextLatest financial period
Other operating income€4,200Previous: €0
Cash and bank€14,851Previous: €13,941
Retained earnings€41,763Previous: €44,015
Equity€36,558Previous: €44,263
Liabilities€39,385Previous: €25,281
Current assets€59,544Previous: €51,178
Current liabilities€39,385Previous: €25,281
Revenue trend2 periods
€143,700
2023-12-31
€117,601
2024-12-31
Operating profit (loss) trend2 periods
-€1,221
2023-12-31
-€6,095
2024-12-31
Profit (loss) for the financial year trend2 periods
-€2,252
2023-12-31
-€7,705
2024-12-31
Assets trend2 periods
€69,544
2023-12-31
€75,943
2024-12-31

Financial ratios

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

Equity ratioSatisfactory
60/100 · Declining
48.1 %2023-12-31: 63.6 %
Current ratioWeak
13/100 · Declining
0.38x2023-12-31: 0.55x
Operating profit marginWeak
38/100 · Declining
-5.0 %2023-12-31: -0.8 %
Ratio history
Ratio2023-12-312024-12-31
Equity ratio63.6 %48.1 %
Current ratio0.55x0.38x
Operating profit margin-0.8 %-5.0 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID1072317-3
VAT IDFI10723173
EU IDFIFPRO.1072317-3
MunicipalityOulu
Current registered entries
1995-08-02Registered in Patent and Registration Office (Trade Register)
1996-11-27VAT-liable for business activity in Tax Administration (VAT Register)
1997-01-01Registered in Tax Administration (Employer Register)
1997-01-13Registered in Tax Administration (Tax Administration)
1997-04-25Registered 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

Automatic gradeNot a credit decision
D
High riskExpress Kiito Oy
Grade unchangedD · new analysis 2026-10-02
Model score29/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
2 comparable periods
RevenueDeteriorating
ProfitabilityDeteriorating
SolvencyDeteriorating
LiquidityStable
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
433 peers
Solvency45%
Below 55% of peers
Profitability13%
Below 87% of peers
Liquidity44%
Below 56% of peers
Revenue growth15%
Below 85% of peers
Financial statement reporting patternMixedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
2 observed filings
Latest registration lag303 days after period end
Typical registration lag209 days after period end
Annual continuity2 consecutive periods
Supporting factors
  • Strong equity ratio
  • A newer financial statement filing has been reported
  • Long registry continuity
Risk factors to note
  • Weak current ratio
  • Negative profitability or net result
  • Losses in the latest and previous available periods
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessments
D
2026-10-02 23:0429/100 · v0.14
D → D
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2024-12-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
D
2026-09-1529/100 · v0.14
D → D
  • Assessment confidence: Low → Medium.
  • Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
  • New risk factor: Sufficient structured financial metrics are not available.
D
2026-09-1429/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeD
Automatic model snapshot2026-10-02
Automatic model versionopen-risk-grade-v0.14
Financial data included

The grade is reduced because of a critical legal status such as bankruptcy or liquidation.

A serious registry signal affects this grade. Review the profile registry and notification details as well.

Verify 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 riskelevated
47/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
90/100

The company has about 31 years of registry continuity.

Registry and status signalsHälyttävä
0/100

Bankruptcy or liquidation status is treated as a critical legal distress signal.

Events & news

Verified events and sourced external company news in one timeline.

Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.

Registry timeline

Trade register notifications shown on a timeline.

21 register eventsLatest event: 2026-05-22

Financial statements availability

Available financial statement periods and PRH source filings.

2 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 2026-01-28.

This company profile has not been claimed yet

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