Business profile

Practica Ventures Oy

Practica Ventures Oy was declared bankrupt 2021-01-11. In its latest retained statement for 2023-12-31, revenue was €170,562 and operating profit was €40,397.

Business ID 2737330-9BANKRUPTCYUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2737330-9
Sector
Business and other management consultancy activities
Municipality
Esbo
Company form
Limited company
Registration date
2016-03-09
Business ID registration date
2016-01-18
Business status
BANKRUPTCY
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Juhannuspolku 6 B, 02200, Esbo

Website: https://www.practica.fiSource observation

About Practica Ventures Oy

Financial position and key figures for the company.

Practica Ventures Oy was declared bankrupt 2021-01-11. In its latest retained statement for 2023-12-31, revenue was €170,562 and operating profit was €40,397. The latest retained financial statement for 2023-12-31 shows revenue of €170,562 and profit for the financial year of €23,745. Based on the latest retained statement, revenue growth was -6.9%, operating margin was +23.7%, and equity ratio was +71.3%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2023-12-31

Imported periods2
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-6.9%
Operating margin23.7%
Equity ratio71.3%
Revenue€170,562-€12,697 (-6.9%) vs previous periodPrevious: €183,259
Operating profit (loss)€40,397+€33,480 (+484.0%) vs previous periodPrevious: €6,917
Profit (loss) for the financial year€23,745+€27,289 (+770.1%) vs previous periodPrevious: -€3,544
Assets€113,129+€23,730 (+26.5%) vs previous periodPrevious: €89,399
Balance-sheet contextLatest financial period
Cash and bank€10,585Previous: €7,698
Retained earnings€54,437Previous: €57,981
Equity€80,682Previous: €56,937
Liabilities€32,447Previous: €32,462
Current assets€88,668Previous: €63,672
Current liabilities€32,447Previous: €32,462
Revenue trend2 periods
€177,666
2021-12-31
€170,562
2023-12-31
Operating profit (loss) trend2 periods
€31,125
2021-12-31
€40,397
2023-12-31
Profit (loss) for the financial year trend2 periods
€18,160
2021-12-31
€23,745
2023-12-31
Assets trend2 periods
€109,566
2021-12-31
€113,129
2023-12-31

Financial ratios

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

Equity ratioGood
89/100 · Declining
71.3 %2021-12-31: 73.5 %
Current ratioWeak
11/100 · Declining
0.33x2021-12-31: 0.99x
Operating profit marginGood
100/100 · Improving
23.7 %2021-12-31: 17.5 %
Ratio history
Ratio2021-12-312023-12-31
Equity ratio73.5 %71.3 %
Current ratio0.99x0.33x
Operating profit margin17.5 %23.7 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID2737330-9
VAT IDFI27373309
EU IDFIFPRO.2737330-9
MunicipalityEsbo
Current registered entries
2016-01-07VAT-liable for business activity in Tax Administration (VAT Register)
2016-03-09Registered in Patent and Registration Office (Trade Register)
2016-03-11Registered in Tax Administration (Tax Administration)

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 riskPractica Ventures Oy
Grade unchangedD · new analysis 2026-09-19
Model score29/100
Assessment confidenceLow
Evidence qualityUsable financial evidenceFinancial data included
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
82 peers
Solvency71%
Better than 71% of peers
Profitability80%
Better than 80% of peers
Liquidity40%
Below 60% of peers
Revenue growth26%
Below 74% 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 lag240 days after period end
Typical registration lag606 days after period end
Annual continuity1 consecutive periods
Supporting factors
  • Strong equity ratio
  • Strong operating profitability
  • A newer financial statement filing has been reported
Risk factors to note
  • Parsed financial metrics are older than the newest reported filing
  • Weak current ratio
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
D
2026-09-19 07:2829/100 · v0.14
D → D
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2023-12-31).
  • Assessment confidence: Medium → Low.
  • Evidence quality: Registry and statistical evidence → Usable financial evidence.
D
2026-09-1429/100 · v0.14
D → D
D
2026-09-1429/100 · v0.13
D → D
  • Assessment confidence: Low → Medium.
  • Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
  • New risk factor: Sufficient structured financial metrics are not available.
D
2026-09-1329/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeD
Automatic model snapshot2026-09-19
Automatic model versionopen-risk-grade-v0.14
Financial data included

The grade is reduced because of a critical legal status such as bankruptcy or liquidation.

A serious registry signal affects this grade. Review the profile registry and notification details as well.

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
72/100

Industry context is low based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 10 years of registry continuity.

Registry and status signalsHälyttävä
0/100

Bankruptcy or liquidation status is treated as a critical legal distress signal.

Events & news

Verified events and sourced external company news in one timeline.

Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.

Registry timeline

Trade register notifications shown on a timeline.

15 register eventsLatest event: 2024-08-29

Financial statements availability

Available financial statement periods and PRH source filings.

2 financial statement periodsLatest financial period: 2023-12-31

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2025-12-31.

This company profile has not been claimed yet

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