Business profile

M. Makkonen Oy

M. Makkonen Oy's registered office is Tampere. It is a limited company. The company was established on 1998-03-09. It operates in the industry of retail sale of footwear. In its latest retained statement for 2026-02-28, revenue was €771,922 and operating profit was -€42,365.

Claim profileContact details
Business ID 1449663-3ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
1449663-3
Sector
Retail sale of footwear
Municipality
Tampere
Company form
Limited company
Registration date
1998-03-09
Business ID registration date
1998-02-26
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Hatanpään Valtatie 1, 33100, Tampere

About M. Makkonen Oy

Financial position and key figures for the company.

M. Makkonen Oy's location municipality is Tampere. It is a limited company. The company was established on 1998-03-09. It operates in the industry of retail sale of footwear. In its latest retained statement for 2026-02-28, revenue was €771,922 and operating profit was -€42,365. The latest retained financial statement for 2026-02-28 shows revenue of €771,922 and profit for the financial year of -€38,772. Based on the latest retained statement, revenue growth was -23.3%, operating margin was -5.5%, and equity ratio was +99.8%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2026-02-28

Imported periods3
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-23.3%
Operating margin-5.5%
Equity ratio99.8%
Revenue€771,922-€234,633 (-23.3%) vs previous periodPrevious: €1,006,555
Operating profit (loss)-€42,365-€73,122 (-237.7%) vs previous periodPrevious: €30,757
Profit (loss) for the financial year-€38,772-€65,434 (-245.4%) vs previous periodPrevious: €26,662
Assets€366,870-€208,998 (-36.3%) vs previous periodPrevious: €575,868
Balance-sheet contextLatest financial period
Inventory€0Previous: €208,056
Cash and bank€111,539Previous: €202,320
Retained earnings€402,337Previous: €411,315
Equity€366,066Previous: €440,477
Liabilities€804Previous: €135,390
Current assets€201,426Previous: €508,478
Current liabilities€804Previous: €135,390
Revenue trend2 periods
€1,006,555
2025-02-28
€771,922
2026-02-28
Operating profit (loss) trend2 periods
€30,757
2025-02-28
-€42,365
2026-02-28
Profit (loss) for the financial year trend2 periods
€26,662
2025-02-28
-€38,772
2026-02-28
Assets trend2 periods
€575,868
2025-02-28
€366,870
2026-02-28

Financial ratios

Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.

Equity ratioGood
100/100 · Improving
99.8 %2025-02-28: 76.5 %
Current ratioGood
100/100 · Improving
138.69x2025-02-28: 3.03x
Operating profit marginWeak
36/100 · Declining
-5.5 %2025-02-28: 3.1 %
Ratio history
Ratio2025-02-282026-02-28
Equity ratio76.5 %99.8 %
Current ratio3.03x138.69x
Operating profit margin3.1 %-5.5 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID1449663-3
VAT IDFI14496633
EU IDFIFPRO.1449663-3
MunicipalityTampere
Current registered entries
1998-02-26Registered in Tax Administration (Tax Administration)
1998-03-09Registered in Patent and Registration Office (Trade Register)
2004-04-01Registered in Tax Administration (Employer Register)
2004-04-01VAT-liable for business activity in Tax Administration (VAT Register)
2004-04-01Registered in Tax Administration (Prepayment 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
StableM. Makkonen Oy
Grade unchangedB1 · new analysis 2026-10-17
Model score63/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
3 comparable periods
RevenueDeteriorating
ProfitabilityDeteriorating
SolvencyImproving
LiquidityImproving
Peer comparisonSame industry, size and age groupDescriptive comparison – does not change the model score.
69 peers
Solvency100%
Better than 100% of peers
Profitability16%
Below 84% of peers
Liquidity100%
Better than 100% of peers
Revenue growth6%
Below 94% of peers
Financial statement reporting patternRegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
3 observed filings
Latest registration lag69 days after period end
Typical registration lag83 days after period end
Annual continuity3 consecutive periods
Supporting factors
  • Strong equity ratio
  • Healthy short-term liquidity
  • Active registered status
Risk factors to note
  • Negative profitability or net result
  • Coordinated deterioration across 2 financial domains
  • Elevated industry distress context
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
B1
2026-10-1763/100 · v0.15
B1 → B1
B1
2026-10-03 20:3863/100 · v0.14
B1 → B1
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2026-02-28).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
B1
2026-09-1563/100 · v0.14
B2 → B1 · +4 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
2026-09-1459/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB1
Automatic model snapshot2026-10-17
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 riskelevated
46/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
90/100

The company has about 28 years of registry continuity.

Registry and status signalsSeurattava
68/100

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
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.
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.

14 register eventsLatest event: 2025-05-22

Financial statements availability

Available financial statement periods and PRH source filings.

3 financial statement periodsLatest financial period: 2026-02-28

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-01-05.

This company profile has not been claimed yet

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