Risk grade updatedRisk gradeEvidence verified
17 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A2 → A3.Business profile
REFINE OY
REFINE OY's registered office is Helsingfors. It is a limited company. The company was established on 2007-07-26. It operates in the industry of other financial service activities, except insurance and pension funding n.e.c.. In its latest retained statement for 2021-12-31, revenue was €2,408,052 and operating profit was -€285,220.
Business ID 2123062-2ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2123062-2
- Sector
- Other financial service activities, except insurance and pension funding n.e.c.
- Municipality
- Helsingfors
- Company form
- Limited company
- Registration date
- 2007-07-26
- Business ID registration date
- 2007-06-15
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Tunturikatu 3 A 3, 00100, Helsingfors
About REFINE OY
Financial position and key figures for the company.
REFINE OY's location municipality is Helsingfors. It is a limited company. The company was established on 2007-07-26. It operates in the industry of other financial service activities, except insurance and pension funding n.e.c.. In its latest retained statement for 2021-12-31, revenue was €2,408,052 and operating profit was -€285,220. The latest retained financial statement for 2021-12-31 shows revenue of €2,408,052 and profit for the financial year of -€63,205. Based on the latest retained statement, revenue growth was -43.7%, operating margin was -11.8%, and equity ratio was +64.0%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2021-12-31
1
1
PRH/XBRL financial statement
Derived indicators
Revenue growth-43.7%
Operating margin-11.8%
Equity ratio64.0%
Balance-sheet contextLatest financial period
Inventory€3,205,552Previous: €2,750,288
Cash and bank€12,061Previous: €89,114
Retained earnings€1,111,347Previous: €263,741
Equity€2,116,271Previous: €2,179,475
Liabilities€1,189,557Previous: €753,474
Current assets€3,247,818Previous: €2,867,107
Current liabilities€2,054Previous: €209,158
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioGood
80/100 · Declining
Current ratioGood
100/100 · Improving
Operating profit marginWeak
20/100 · Declining
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2123062-2
EU IDFIFPRO.2123062-2
MunicipalityHelsingfors
Current registered entries
2007-07-26Registered in Patent and Registration Office (Trade Register)
2007-08-10Registered in Tax Administration (Tax Administration)
2014-09-03Registered 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
A3
GoodREFINE OY
Grade downgradedA2 → A3 · new analysis 2026-09-17
73/100
Low
Usable financial evidenceFinancial data included
Same industryDescriptive comparison – does not change the model score.
92 peersSolvency45%
Below 55% of peers
Profitability9%
Below 91% of peers
Liquidity99%
Better than 99% of peers
Limited evidenceBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
1 observed filings222 days after period end
222 days after period end
1 consecutive periods
Supporting factors
- Strong equity ratio
- Healthy short-term liquidity
- Active registered status
Risk factors to note
- Parsed financial metrics are older than the newest reported filing
- Negative profitability or net result
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsA3
2026-09-17 01:1773/100 · v0.14
A2 → A3 · -7 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2021-12-31).
- Assessment confidence: Medium → Low.
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
A2
2026-09-1480/100 · v0.14
A2 → A2A2
2026-09-1480/100 · v0.13
B1 → A2 · +14 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.
B1
2026-09-1366/100 · v0.12
Oldest retained automatic assessment in this comparisonA3
2026-09-17
open-risk-grade-v0.14
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 riskvery low
89/100
Industry context is very low based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 19 years of registry continuity.
Registry and status signalsVakaa
80/100
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
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A2.Registry timeline
Trade register notifications shown on a timeline.
18 register eventsLatest event: 2026-05-12
Financial statements availability
Available financial statement periods and PRH source filings.
1 financial statement periodsLatest financial period: 2021-12-31
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
REFINE OY shows public core facts. A company representative can claim the profile, update public information, and access owner tools.