Risk grade updatedRisk gradeEvidence verified
5 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
Kivipaasi Oy
Kivipaasi Oy's registered office is Luhtajoki. It is a limited company. The company was established on 2006-04-05. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2025-12-31, revenue was €1,301,782 and operating profit was -€10,524.
Business ID 2029563-5ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2029563-5
- Sector
- Construction of residential and non-residential buildings
- Municipality
- Luhtajoki
- Company form
- Limited company
- Registration date
- 2006-04-05
- Business ID registration date
- 2006-03-30
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Lampitie 45, 01810, Luhtajoki
Postal address: Karjalantie 7 A 16, 37600, Valkeakoski
Phone: +358503898008Source observation
Email: [email protected]Source observation
Website: https://www.kivipaasi.fiSource observation
Facebook profile: https://www.facebook.com/kivipaasi.oySource: company website
People and decision-makers
Parviainen Kari TapaniVarsinainen jäsen
Email: Email available for logged-in usersSource: company website
Phone: Phone available for logged-in usersSource: company website
Ari MikkolaDecision-maker
Email: Email available for logged-in usersSource: company website
Phone: Phone available for logged-in usersSource: company website
Direct contact details available for logged-in usersSome person-level contact details are shown only to registered users. The data is based on public sources, such as the company's own website.Log in to view decision-maker contact details
About Kivipaasi Oy
Financial position and key figures for the company.
Kivipaasi Oy's location municipality is Luhtajoki. It is a limited company. The company was established on 2006-04-05. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2025-12-31, revenue was €1,301,782 and operating profit was -€10,524. The latest retained financial statement for 2025-12-31 shows revenue of €1,301,782 and profit for the financial year of -€43,593. Based on the latest retained statement, revenue growth was -18.2%, operating margin was -0.8%, and equity ratio was -255.1%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth-18.2%
Operating margin-0.8%
Equity ratio-255.1%
Revenue€1,301,782-€290,328 (-18.2%) vs previous periodPrevious: €1,592,110
Operating profit (loss)-€10,524-€284,687 (-103.8%) vs previous periodPrevious: €274,164
Profit (loss) for the financial year-€43,593-€281,471 (-118.3%) vs previous periodPrevious: €237,878
Assets€212,124+€11,488 (+5.7%) vs previous periodPrevious: €200,636
Balance-sheet contextLatest financial period
Profit before taxes-€43,593Previous: €237,878
Revenue trend4 periods
€2,254,730
2022-12-31
€2,306,953
2023-12-31
€1,592,110
2024-12-31
€1,301,782
2025-12-31
Operating profit (loss) trend4 periods
-€496,147
2022-12-31
-€44,255
2023-12-31
€274,164
2024-12-31
-€10,524
2025-12-31
Profit (loss) for the financial year trend4 periods
-€593,490
2022-12-31
-€125,233
2023-12-31
€237,878
2024-12-31
-€43,593
2025-12-31
Assets trend4 periods
€431,768
2022-12-31
€326,254
2023-12-31
€200,636
2024-12-31
€212,124
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioWeak
0/100 · Declining
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginWeak
48/100 · Declining
Ratio history
| Ratio | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Equity ratio | -141.3 % | -225.4 % | -248.0 % | -255.1 % |
| Current ratio | - | - | - | - |
| Operating profit margin | -22.0 % | -1.9 % | 15.7 % | -0.8 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2029563-5
VAT IDFI20295635
EU IDFIFPRO.2029563-5
MunicipalityLuhtajoki
Current registered entries
2006-03-24VAT-liable for business activity in Tax Administration (VAT Register)
2006-03-30Registered in Tax Administration (Prepayment Register)
2006-04-03Registered in Tax Administration (Tax Administration)
2006-04-05Registered in Patent and Registration Office (Trade Register)
2008-07-01Registered in Tax Administration (Employer Register)
Responsible people
Public role relationships materialized from source observations.
Direct contact details available for logged-in users.
Mikkola AriveikkoToimitusjohtajaSources: 4 · Confidence: 78%
Mikkola AriveikkoPuheenjohtajaSources: 2 · Confidence: 78%
Mikkola Jarkko Ami IlariVarajäsenSources: 2 · Confidence: 78%
Parviainen Kari TapaniVarsinainen jäsenSources: 4 · Confidence: 78%
Joni NieminenPäävastuullinen 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
D
High riskKivipaasi Oy
Grade unchangedD · new analysis 2026-10-18
23/100
Medium
Usable financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
4 comparable periodsProfitabilityVolatile
LiquidityNot enough history
Same industry, size and age groupDescriptive comparison – does not change the model score.
78 peersSolvency0%
Below 100% of peers
Profitability12%
Below 88% of peers
Revenue growth10%
Below 90% of peers
Supporting factors
- Active registered status
- A newer financial statement filing has been reported
- Long registry continuity
Risk factors to note
- Negative equity
- Negative profitability or net result
- Coordinated deterioration across 2 financial domains
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsD
2026-10-1823/100 · v0.15
D → D · +7 points- A severe registry signal aged out of the 24-month assessment window.
- Risk factor cleared: High balance-sheet leverage.
- Risk factor cleared: Severe registry event 12–24 months ago.
D
2026-10-0516/100 · v0.14
Oldest retained automatic assessment in this comparisonD
2026-10-18
open-risk-grade-v0.15
The grade can use open digital financial statement data together with registry signals.
A serious financial risk signal affects this grade. Review the profile financial indicators as well.
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
80/100
The company has about 20 years of registry continuity.
Registry and status signalsVakaa
85/100
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.
Registry timeline
Trade register notifications shown on a timeline.
21 register eventsLatest event: 2026-06-26
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
Kivipaasi Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.