Business profile

Heikki Latvala Oy

Heikki Latvala Oy's registered office is Lehtiniemi. It is a limited company. The company was established on 2021-04-01. It operates in the industry of construction of other civil engineering projects n.e.c.. In its latest retained statement for 2025-03-31, revenue was €349,710 and operating profit was €110,355.

Claim profileContact details
Business ID 3190541-9ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
3190541-9
Sector
Construction of other civil engineering projects n.e.c.
Municipality
Lehtiniemi
Company form
Limited company
Registration date
2021-04-01
Business ID registration date
2021-02-12
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Särkeläntie 66 A, 97840, Lehtiniemi

Phone: +358400518720Source observation

Email: [email protected]Source observation

People and decision-makers

Latvala Heikki JohannesToimitusjohtaja

About Heikki Latvala Oy

Financial position and key figures for the company.

Heikki Latvala Oy's location municipality is Lehtiniemi. It is a limited company. The company was established on 2021-04-01. It operates in the industry of construction of other civil engineering projects n.e.c.. In its latest retained statement for 2025-03-31, revenue was €349,710 and operating profit was €110,355. The latest retained financial statement for 2025-03-31 shows revenue of €349,710 and profit for the financial year of €87,726. Based on the latest retained statement, revenue growth was +11.4%, operating margin was +30.2%, and equity ratio was +76.0%.

Financial highlights

Key figures from the latest financial period.

Latest financial period

2025-03-31

Imported periods0
PRH parsed0
Profile sourceEnriched source observation
Derived indicators
Revenue growth11.4%
Operating margin30.2%
Equity ratio76.0%
Revenue€349,710+€35,782 (+11.4%) vs previous periodPrevious: €313,928
Operating profit (loss)€110,355+€48,468 (+78.3%) vs previous periodPrevious: €61,887
Profit (loss) for the financial year€87,726+€38,392 (+77.8%) vs previous periodPrevious: €49,334
Assets€335,719+€18,540 (+5.8%) vs previous periodPrevious: €317,180
Balance-sheet contextLatest financial period
Profit before taxes€109,711Previous: €61,696
Employees1Previous: 2
Revenue trend4 periods
€268,218
2022-03-31
€427,124
2023-03-31
€313,928
2024-03-31
€349,710
2025-03-31
Operating profit (loss) trend4 periods
€48,501
2022-03-31
€138,106
2023-03-31
€61,887
2024-03-31
€110,355
2025-03-31
Profit (loss) for the financial year trend4 periods
€38,440
2022-03-31
€110,306
2023-03-31
€49,334
2024-03-31
€87,726
2025-03-31
Assets trend5 periods
€213,515
2020-12-31
€141,150
2022-03-31
€341,379
2023-03-31
€317,180
2024-03-31
€335,719
2025-03-31

Financial ratios

Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.

Equity ratioGood
95/100 · Improving
76.0 %2024-03-31: 57.4 %
Current ratioNot assessable
0/100 · Trend unavailable
Not available2024-03-31: Ei saatavilla
Operating profit marginGood
100/100 · Improving
30.2 %2024-03-31: 19.2 %
Ratio history
Ratio2020-12-312022-03-312023-03-312024-03-312025-03-31
Equity ratio96.4 %26.2 %42.3 %57.4 %76.0 %
Current ratio-----
Operating profit margin-18.1 %31.4 %19.2 %30.2 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID3190541-9
VAT IDFI31905419
EU IDFIFPRO.3190541-9
MunicipalityLehtiniemi
Current registered entries
2021-04-01VAT-liable for business activity in Tax Administration (VAT Register)
2021-04-01Registered in Tax Administration (Prepayment Register)
2021-04-01Registered in Tax Administration (Tax Administration)
2021-04-01Registered in Patent and Registration Office (Trade Register)
2023-08-31Registered in Tax Administration (Employer Register)

Responsible people

Public role relationships materialized from source observations.

Latvala Heikki JohannesToimitusjohtajaSources: 5 · Confidence: 78%
Latvala Heikki JohannesVarsinainen jäsenSources: 2 · Confidence: 78%
Latvala Pentti SauliVarajäsenSources: 2 · Confidence: 78%

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
GoodHeikki Latvala Oy
Grade unchangedA3 · new analysis 2026-10-18
Model score74/100
Assessment confidenceMedium
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectoryFinancial development has been volatile across multiple domains.
4 comparable periods
RevenueVolatile
ProfitabilityVolatile
SolvencyImproving · 3 consecutive periods
LiquidityNot enough history
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
616 peers
Solvency70%
Better than 70% of peers
Profitability84%
Better than 84% of peers
Revenue growth76%
Better than 76% of peers
Supporting factors
  • Strong equity ratio
  • Strong operating profitability
  • Active registered status
Risk factors to note
  • Material volatility across multiple financial domains
  • Elevated industry distress context
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessments
A3
2026-10-1874/100 · v0.15
A3 → A3 · -1 points
  • Evidence quality: Strong financial evidence → Usable financial evidence.
A3
2026-09-1775/100 · v0.14
Oldest retained automatic assessment in this comparison
Automatic model gradeA3
Automatic model snapshot2026-10-18
Automatic model versionopen-risk-grade-v0.15
Financial data included

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

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 riskhigh
23/100

Industry context is high based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 5 years of registry continuity.

Registry and status signalsSeurattava
55/100

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.

Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.
Risk grade updatedRisk gradeEvidence verified
17 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.

Registry timeline

Trade register notifications shown on a timeline.

7 register eventsLatest event: 2025-09-04

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-02-03.

This company profile has not been claimed yet

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