Risk grade updatedRisk gradeEvidence verified
23 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → D.Business profile
Picassos Design Oy
Picassos Design Oy's registered office is Raisio. It is a limited company. The company was established on 2016-06-28. It operates in the industry of manufacture of furniture. In its latest retained statement for 2025-10-31, revenue was €419,518 and operating profit was -€54,834.
Business ID 2765508-2ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2765508-2
- Sector
- Manufacture of furniture
- Municipality
- Raisio
- Company form
- Limited company
- Registration date
- 2016-06-28
- Business ID registration date
- 2016-06-02
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Tuijussuontie 9, 21280, Raisio
Website: https://www.basebeton.fiSource observation
About Picassos Design Oy
Financial position and key figures for the company.
Picassos Design Oy's location municipality is Raisio. It is a limited company. The company was established on 2016-06-28. It operates in the industry of manufacture of furniture. In its latest retained statement for 2025-10-31, revenue was €419,518 and operating profit was -€54,834. The latest retained financial statement for 2025-10-31 shows revenue of €419,518 and profit for the financial year of -€59,162. Based on the latest retained statement, revenue growth was -22.9%, operating margin was -13.1%, and equity ratio was +4.7%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-10-31
4
2
PRH/XBRL financial statement
Derived indicators
Revenue growth-22.9%
Operating margin-13.1%
Equity ratio4.7%
Balance-sheet contextLatest financial period
Other operating income€408Previous: €0
Inventory€27,210Previous: €8,720
Cash and bank€3,743Previous: €2,096
Retained earnings€61,201Previous: €65,897
Equity€4,539Previous: €68,972
Liabilities€92,840Previous: €78,023
Current assets€79,311Previous: €120,055
Current liabilities€83,720Previous: €67,004
Revenue trend2 periods
€544,172
2024-10-31
€419,518
2025-10-31
Operating profit (loss) trend2 periods
€4,787
2024-10-31
-€54,834
2025-10-31
Profit (loss) for the financial year trend2 periods
€575
2024-10-31
-€59,162
2025-10-31
Assets trend2 periods
€146,995
2024-10-31
€97,378
2025-10-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioWeak
6/100 · Declining
Current ratioWeak
12/100 · Improving
Operating profit marginWeak
17/100 · Declining
Ratio history
| Ratio | 2024-10-31 | 2025-10-31 |
|---|---|---|
| Equity ratio | 46.9 % | 4.7 % |
| Current ratio | 0.16x | 0.37x |
| Operating profit margin | 0.9 % | -13.1 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2765508-2
VAT IDFI27655082
EU IDFIFPRO.2765508-2
MunicipalityRaisio
Current registered entries
2016-06-28Registered in Patent and Registration Office (Trade Register)
2016-06-30Registered in Tax Administration (Tax Administration)
2016-08-01VAT-liable for business activity in Tax Administration (VAT Register)
2016-08-01Registered 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
D
High riskPicassos Design Oy
Grade unchangedD · new analysis 2026-10-17
28/100
High
Strong financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
3 comparable periodsLiquidityStable
Same size nationallyDescriptive comparison – does not change the model score.
3942 peersSolvency16%
Below 84% of peers
Profitability6%
Below 94% of peers
Liquidity44%
Below 56% of peers
Revenue growth10%
Below 90% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings61 days after period end
74 days after period end
4 consecutive periods
Supporting factors
- Active registered status
- A newer financial statement filing has been reported
- Long registry continuity
Risk factors to note
- Weak current ratio
- Negative profitability or net result
- High balance-sheet leverage
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsD
2026-10-1728/100 · v0.15
D → DD
2026-09-23 13:0628/100 · v0.14
B1 → D · -32 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-10-31).
- Assessment confidence: Medium → High.
- Evidence quality: Registry and statistical evidence → Strong financial evidence.
B1
2026-09-1560/100 · v0.14
B2 → B1 · +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
2026-09-1357/100 · v0.12
Oldest retained automatic assessment in this comparisonD
2026-10-17
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 riskelevated
38/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 10 years of registry continuity.
Registry and status signalsVakaa
77/100
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 B1.Risk grade updatedRisk gradeEvidence verified
13 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
20 register eventsLatest event: 2025-12-31
Financial statements availability
Available financial statement periods and PRH source filings.
4 financial statement periodsLatest financial period: 2025-10-31
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
Picassos Design Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.