Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Business profile
JORA Art Oy
JORA Art Oy's registered office is Kitee. It is a limited company. The company was established on 2022-01-24. It operates in the industry of other performing arts. In its latest retained statement for 2024-06-30, revenue was €8,073 and operating profit was -€195.
Business ID 3260374-6ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 3260374-6
- Sector
- Other performing arts
- Municipality
- Kitee
- Company form
- Limited company
- Registration date
- 2022-01-24
- Business ID registration date
- 2022-01-12
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Nurmelantie 3, 82500, Kitee
About JORA Art Oy
Financial position and key figures for the company.
JORA Art Oy's location municipality is Kitee. It is a limited company. The company was established on 2022-01-24. It operates in the industry of other performing arts. In its latest retained statement for 2024-06-30, revenue was €8,073 and operating profit was -€195. The latest retained financial statement for 2024-06-30 shows revenue of €8,073 and profit for the financial year of -€207. Based on the latest retained statement, revenue growth was -78.6%, operating margin was -2.4%, and equity ratio was +46.9%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2024-06-30
2
2
PRH/XBRL financial statement
Derived indicators
Revenue growth-78.6%
Operating margin-2.4%
Equity ratio46.9%
Balance-sheet contextLatest financial period
Other operating income€1,091Previous: €0
Cash and bank€11,981Previous: €7,101
Retained earnings€5,883Previous: €0
Equity€5,676Previous: €6,403
Liabilities€6,415Previous: €2,388
Current assets€12,091Previous: €8,791
Current liabilities€6,415Previous: €2,388
Revenue trend2 periods
€37,663
2023-06-30
€8,073
2024-06-30
Operating profit (loss) trend2 periods
€8,054
2023-06-30
-€195
2024-06-30
Profit (loss) for the financial year trend2 periods
€6,403
2023-06-30
-€207
2024-06-30
Assets trend2 periods
€8,791
2023-06-30
€12,091
2024-06-30
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioSatisfactory
59/100 · Declining
Current ratioSatisfactory
62/100 · Declining
Operating profit marginWeak
45/100 · Declining
Ratio history
| Ratio | 2023-06-30 | 2024-06-30 |
|---|---|---|
| Equity ratio | 72.8 % | 46.9 % |
| Current ratio | 2.97x | 1.87x |
| Operating profit margin | 21.4 % | -2.1 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID3260374-6
VAT IDFI32603746
EU IDFIFPRO.3260374-6
MunicipalityKitee
Current registered entries
2022-01-12VAT-liable for business activity in Tax Administration (VAT Register)
2022-01-12Registered in Tax Administration (Prepayment Register)
2022-01-24Registered in Tax Administration (Tax Administration)
2022-01-24Registered in Patent and Registration Office (Trade 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
B1
StableJORA Art Oy
Grade unchangedB1 · new analysis 2026-10-18
61/100
Low
Usable financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
2 comparable periodsSame industry and sizeDescriptive comparison – does not change the model score.
83 peersSolvency40%
Below 60% of peers
Profitability47%
Close to the peer-group midpoint
Liquidity80%
Better than 80% of peers
Revenue growth7%
Below 93% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
2 observed filings123 days after period end
96 days after period end
2 consecutive periods
Supporting factors
- Strong equity ratio
- Healthy short-term liquidity
- Active registered status
Risk factors to note
- Parsed financial metrics are older than the newest reported filing
- Negative profitability or net result
- Sharp year-over-year revenue drop
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsB1
2026-10-1861/100 · v0.15
B1 → B1B1
2026-09-30 13:1061/100 · v0.14
B1 → B1 · +1 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2024-06-30).
- Assessment confidence: Medium → Low.
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
B1
2026-09-1560/100 · v0.14
B2 → B1 · +2 points- Assessment confidence: Low → Medium.
- Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
- New risk factor: Sufficient structured financial metrics are not available.
B2
2026-09-1458/100 · v0.12
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 risklow
84/100
Industry context is low based on normalized open statistical inputs.
Age and continuityNuori
35/100
The company has about 4 years of registry continuity.
Registry and status signalsRajallinen
49/100
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
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
9 register eventsLatest event: 2025-12-13
Financial statements availability
Available financial statement periods and PRH source filings.
2 financial statement periodsLatest financial period: 2024-06-30
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-02-18.
This company profile has not been claimed yet
JORA Art Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.