Business profile

Millnest Oy

Millnest Oy's registered office is Hyvinkää. It is a limited company. The company was established on 2023-07-14. It operates in the industry of rental and operating of own or leased non-residential real estate. In its latest retained statement for 2025-12-31, revenue was €601,247 and operating profit was €132,602.

Business ID 3375554-9ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
3375554-9
Sector
Rental and operating of own or leased non-residential real estate
Municipality
Hyvinkää
Company form
Limited company
Registration date
2023-07-14
Business ID registration date
2023-07-03
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Kylä-Katilantie 181, 05950, Hyvinkää

Postal address: Hämeenkatu 99, 05820, Hyvinkää

About Millnest Oy

Financial position and key figures for the company.

Millnest Oy's location municipality is Hyvinkää. It is a limited company. The company was established on 2023-07-14. It operates in the industry of rental and operating of own or leased non-residential real estate. In its latest retained statement for 2025-12-31, revenue was €601,247 and operating profit was €132,602. The latest retained financial statement for 2025-12-31 shows revenue of €601,247 and profit for the financial year of €84,849. Based on the latest retained statement, revenue growth was -19.2%, operating margin was +22.1%, and equity ratio was +42.2%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-12-31

Imported periods2
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-19.2%
Operating margin22.1%
Equity ratio42.2%
Revenue€601,247-€142,556 (-19.2%) vs previous periodPrevious: €743,803
Operating profit (loss)€132,602+€67,463 (+103.6%) vs previous periodPrevious: €65,139
Profit (loss) for the financial year€84,849+€47,483 (+127.1%) vs previous periodPrevious: €37,367
Assets€289,673+€45,820 (+18.8%) vs previous periodPrevious: €243,852
Balance-sheet contextLatest financial period
Other operating income€0Previous: €92
Cash and bank€83,201Previous: €66,556
Retained earnings€37,367Previous: €0
Equity€122,216Previous: €37,367
Liabilities€167,457Previous: €206,486
Current assets€117,137Previous: €69,356
Current liabilities€107,457Previous: €110,486
Revenue trend2 periods
€743,803
2024-12-31
€601,247
2025-12-31
Operating profit (loss) trend2 periods
€65,139
2024-12-31
€132,602
2025-12-31
Profit (loss) for the financial year trend2 periods
€37,367
2024-12-31
€84,849
2025-12-31
Assets trend2 periods
€243,852
2024-12-31
€289,673
2025-12-31

Financial ratios

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

Equity ratioSatisfactory
53/100 · Improving
42.2 %2024-12-31: 15.3 %
Current ratioPassable
26/100 · Improving
0.77x2024-12-31: 0.60x
Operating profit marginGood
100/100 · Improving
22.1 %2024-12-31: 8.8 %
Ratio history
Ratio2024-12-312025-12-31
Equity ratio15.3 %42.2 %
Current ratio0.60x0.77x
Operating profit margin8.8 %22.1 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID3375554-9
VAT IDFI33755549
EU IDFIFPRO.3375554-9
MunicipalityHyvinkää
Current registered entries
2023-07-14Registered in Tax Administration (Tax Administration)
2023-07-14Registered in Patent and Registration Office (Trade Register)
2023-09-01VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT Register)
2023-09-01VAT-liable for business activity in Tax Administration (VAT 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
StableMillnest Oy
Grade upgradedB2 → B1 · new analysis 2026-09-28
Model score69/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectoryFinancial development is mostly stable or mixed.
2 comparable periods
RevenueDeteriorating
ProfitabilityImproving
SolvencyImproving
LiquidityStable
Peer comparisonSame industryDescriptive comparison – does not change the model score.
114 peers
Solvency40%
Below 60% of peers
Profitability71%
Better than 71% of peers
Liquidity64%
Better than 64% of peers
Revenue growth18%
Below 82% of peers
Financial statement reporting patternDelayedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
2 observed filings
Latest registration lag181 days after period end
Typical registration lag364 days after period end
Annual continuity2 consecutive periods
Supporting factors
  • Strong equity ratio
  • Strong operating profitability
  • Active registered status
Risk factors to note
  • Weak current ratio
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessments
B1
2026-09-28 02:1469/100 · v0.14
B2 → B1 · +17 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-12-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
B2
2026-09-1552/100 · 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
2026-09-1455/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB1
Automatic model snapshot2026-09-28
Automatic model versionopen-risk-grade-v0.14
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 risklow
77/100

Industry context is low based on normalized open statistical inputs.

Age and continuityNuori
35/100

The company has about 3 years of registry continuity.

Registry and status signalsRajallinen
27/100

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
28 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2 → B1.
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.

2 register eventsLatest event: 2023-07-31

Financial statements availability

Available financial statement periods and PRH source filings.

2 financial statement periodsLatest financial period: 2025-12-31

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-01-28.

This company profile has not been claimed yet

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