Risk grade updatedRisk gradeEvidence verified
30 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2 → B1.Business profile
KIIRAX Oy
KIIRAX Oy's registered office is Kuopio. It is a limited partnership. The company was established on 1995-07-05. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2026-03-31, revenue was €158,022 and operating profit was €9,470.
Business ID 1004731-2ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1004731-2
- Sector
- Construction of residential and non-residential buildings
- Municipality
- Kuopio
- Company form
- Limited partnership
- Registration date
- 1995-07-05
- Business ID registration date
- 1995-05-05
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Kuveniementie 8, 70800, Kuopio
Postal address: Vaittilankatu 1, 70800, Kuopio
Phone: +358409349342Source observation
Website: https://kiirax.fiSource observation
People and decision-makers
Pelkonen Ilkka JuhaniToimitusjohtaja
About KIIRAX Oy
Financial position and key figures for the company.
KIIRAX Oy's location municipality is Kuopio. It is a limited partnership. The company was established on 1995-07-05. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2026-03-31, revenue was €158,022 and operating profit was €9,470. The latest retained financial statement for 2026-03-31 shows revenue of €158,022 and profit for the financial year of €7,633. Based on the latest retained statement, revenue growth was -9.1%, operating margin was +6.0%, and equity ratio was +75.6%.
Extended business activity
A longer directory- or registry-backed activity description that complements the short registry industry label.
Yhtiön toimialana on kiinteistöjen rakentaminen ja korjaus sekä sijoittaminen.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2026-03-31
6
2
Combined source
Derived indicators
Revenue growth-9.1%
Operating margin6.0%
Equity ratio75.6%
Balance-sheet contextLatest financial period
Cash and bank€5,241Previous: €12,610
Retained earnings-€1,929Previous: €5,537
Profit before taxes€9,587Previous: -€10,657
Equity€20,466Previous: €12,833
Liabilities€6,597Previous: €36,236
Current assets€13,723Previous: €31,303
Current liabilities€6,597Previous: €36,236
Employees2Previous: 2
Revenue trend6 periods
€97,400
2021-12-31
€97,407
2022-03-31
€76,914
2023-03-31
€176,827
2024-03-31
€173,914
2025-03-31
€158,022
2026-03-31
Operating profit (loss) trend6 periods
€23,600
2021-12-31
€23,607
2022-03-31
-€10,651
2023-03-31
€12,858
2024-03-31
-€9,411
2025-03-31
€9,470
2026-03-31
Profit (loss) for the financial year trend6 periods
€21,200
2021-12-31
€21,195
2022-03-31
-€12,025
2023-03-31
€6,257
2024-03-31
-€7,466
2025-03-31
€7,633
2026-03-31
Assets trend6 periods
€30,200
2021-12-31
€30,242
2022-03-31
€44,004
2023-03-31
€53,464
2024-03-31
€49,069
2025-03-31
€27,063
2026-03-31
Financial ratios
Financial ratios based on financial statement data. Source: Yhdistetty lähde.
Equity ratioGood
95/100 · Improving
Current ratioPassable
26/100 · Declining
Operating profit marginSatisfactory
65/100 · Improving
Ratio history
| Ratio | 2021-12-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Equity ratio | 70.7 % | 23.5 % | 31.1 % | 26.2 % | 75.0 % | 75.6 % |
| Current ratio | 2.45x | 3.25x | 1.54x | 0.86x | 2.00x | 0.79x |
| Operating profit margin | 24.2 % | -13.8 % | 7.3 % | -5.4 % | 5.7 % | 6.0 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID1004731-2
VAT IDFI10047312
EU IDFIFPRO.1004731-2
MunicipalityKuopio
Current registered entries
1995-05-01VAT-liable for business activity in Tax Administration (VAT Register)
1995-05-05Registered in Tax Administration (Tax Administration)
1995-07-05Registered in Patent and Registration Office (Trade Register)
1996-03-25Registered in Tax Administration (Prepayment Register)
2023-06-01Registered in Tax Administration (Employer Register)
Responsible people
Public role relationships materialized from source observations.
Pelkonen Ilkka JuhaniToimitusjohtajaSources: 3 · Confidence: 78%
Pelkonen Ilkka JuhaniVarsinainen jäsenSources: 2 · Confidence: 78%
Lea PelkonenHallitus: varajäsenSources: 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
StableKIIRAX Oy
Grade upgradedB2 → B1 · new analysis 2026-09-30
69/100
High
Strong financial evidenceFinancial data included
Financial development is mostly stable or mixed.
3 comparable periodsRevenueStable
ProfitabilityImproving
SolvencyImproving
LiquidityImproving
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings64 days after period end
84 days after period end
4 consecutive periods
Supporting factors
- Strong equity ratio
- Active registered status
- Long registry continuity
Risk factors to note
- Weak current ratio
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessmentsB1
2026-09-30 03:5569/100 · v0.14
B2 → B1 · +10 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2026-03-31).
- Assessment confidence: Medium → High.
- Evidence quality: Registry and statistical evidence → Strong financial evidence.
B2
2026-09-1559/100 · v0.14
B2 → B2 · +3 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
2026-09-1456/100 · v0.12
Oldest retained automatic assessment in this comparisonB1
2026-09-30
open-risk-grade-v0.14
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 continuityVakiintunut
90/100
The company has about 31 years of registry continuity.
Registry and status signalsVakaa
76/100
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 B2.Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
16 register eventsLatest event: 2025-05-28
Financial statements availability
Available financial statement periods and PRH source filings.
6 financial statement periodsLatest financial period: 2026-03-31
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-02-03.
This company profile has not been claimed yet
KIIRAX Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.