Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade C.Business profile
Kiinteistökehitys Valo Oy
Kiinteistökehitys Valo Oy's registered office is Heinola. It is a limited company. The company was established on 2018-01-01. It operates in the industry of hotels and similar accommodation. In its latest retained statement for 2025-12-31, revenue was €231,984 and operating profit was -€17,031.
Business ID 2843737-8ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2843737-8
- Sector
- Hotels and similar accommodation
- Municipality
- Heinola
- Company form
- Limited company
- Registration date
- 2018-01-01
- Business ID registration date
- 2017-06-30
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Pikijärventie 1, 18120, Heinola
Postal address: Mertasillantie 231, 15230, Lahti
Website: https://www.nowene.fiSource observation
People and decision-makers
Kukkonen Jaana HelenaVarsinainen jäsen
Kukkonen Juha MatiasProkuristi
Juha KukkonenHallitus: varajäsen
About Kiinteistökehitys Valo Oy
Financial position and key figures for the company.
Kiinteistökehitys Valo Oy's location municipality is Heinola. It is a limited company. The company was established on 2018-01-01. It operates in the industry of hotels and similar accommodation. In its latest retained statement for 2025-12-31, revenue was €231,984 and operating profit was -€17,031. The latest retained financial statement for 2025-12-31 shows revenue of €231,984 and profit for the financial year of -€37,207. Based on the latest retained statement, revenue growth was +24.3%, operating margin was -7.3%, and equity ratio was +3.7%.
Auxiliary business names
Public alternate names materialized from source observations.
Hotelli ValoHyvinvointi asuntoNoweneValo asunto
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth24.3%
Operating margin-7.3%
Equity ratio3.7%
Revenue€231,984+€45,303 (+24.3%) vs previous periodPrevious: €186,681
Operating profit (loss)-€17,031+€19,072 (+52.8%) vs previous periodPrevious: -€36,104
Profit (loss) for the financial year-€37,207+€25,890 (+41.0%) vs previous periodPrevious: -€63,097
Assets€867,380-€20,125 (-2.3%) vs previous periodPrevious: €887,506
Balance-sheet contextLatest financial period
Profit before taxes-€37,207Previous: -€63,097
Employees0Previous: No comparison value
Revenue trend4 periods
€337,177
2022-12-31
€343,220
2023-12-31
€186,681
2024-12-31
€231,984
2025-12-31
Operating profit (loss) trend4 periods
-€24,780
2022-12-31
€3,430
2023-12-31
-€36,104
2024-12-31
-€17,031
2025-12-31
Profit (loss) for the financial year trend4 periods
-€40,536
2022-12-31
-€21,745
2023-12-31
-€63,097
2024-12-31
-€37,207
2025-12-31
Assets trend4 periods
€958,843
2022-12-31
€938,672
2023-12-31
€887,506
2024-12-31
€867,380
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioWeak
5/100 · Declining
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginWeak
32/100 · Improving
Ratio history
| Ratio | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Equity ratio | 16.9 % | 14.1 % | 7.8 % | 3.7 % |
| Current ratio | - | - | - | - |
| Operating profit margin | -7.3 % | 1.0 % | -17.5 % | -7.3 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2843737-8
VAT IDFI28437378
EU IDFIFPRO.2843737-8
MunicipalityHeinola
Current registered entries
2018-01-01Registered in Patent and Registration Office (Trade Register)
2018-01-02VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT Register)
2018-01-02VAT-liable for business activity in Tax Administration (VAT Register)
2018-01-10Registered in Tax Administration (Tax Administration)
2025-09-01Registered in Tax Administration (Prepayment Register)
Responsible people
Public role relationships materialized from source observations.
Kukkonen Jaana HelenaVarsinainen jäsenSources: 4 · Confidence: 78%
Kukkonen Juha MatiasProkuristiSources: 1 · Confidence: 78%
Juha KukkonenHallitus: varajäsenSources: 1 · Confidence: 76%
Panu JuonalaPäävastuullinen tilintarkastajaSources: 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
C
Elevated riskKiinteistökehitys Valo Oy
Grade unchangedC · new analysis 2026-10-18
39/100
Medium
Usable financial evidenceFinancial data included
Financial development has been volatile across multiple domains.
4 comparable periodsRevenueVolatile
ProfitabilityVolatile
LiquidityNot enough history
Same size nationallyDescriptive comparison – does not change the model score.
118 peersSolvency18%
Below 82% of peers
Profitability10%
Below 90% of peers
Revenue growth77%
Better than 77% of peers
Supporting factors
- Active registered status
Risk factors to note
- Negative profitability or net result
- Losses in the latest and previous available periods
- Material volatility across multiple financial domains
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
3 assessmentsC
2026-10-1839/100 · v0.15
C → CC
2026-10-1739/100 · v0.15
C → C · +1 points- Evidence quality: Strong financial evidence → Usable financial evidence.
- Risk factor cleared: High balance-sheet leverage.
C
2026-09-2738/100 · v0.14
Oldest retained automatic assessment in this comparisonC
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
29/100
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 signalsSeurattava
64/100
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
27 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade C.Registry timeline
Trade register notifications shown on a timeline.
12 register eventsLatest event: 2025-09-06
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
Kiinteistökehitys Valo Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.