Business profile

Rii-Rak Oy

Rii-Rak Oy's registered office is Rovaniemi. It is a limited company. The company was established on 2019-03-18. It operates in the industry of development of building projects. In its latest retained statement for 2026-02-28, revenue was €7,613 and operating profit was -€608.

Claim profileContact details
Business ID 2985193-3ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2985193-3
Sector
Development of building projects
Municipality
Rovaniemi
Company form
Limited company
Registration date
2019-03-18
Business ID registration date
2019-02-25
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Veittelänpolku 15, 96190, Rovaniemi

About Rii-Rak Oy

Financial position and key figures for the company.

Rii-Rak Oy's location municipality is Rovaniemi. It is a limited company. The company was established on 2019-03-18. It operates in the industry of development of building projects. In its latest retained statement for 2026-02-28, revenue was €7,613 and operating profit was -€608. The latest retained financial statement for 2026-02-28 shows revenue of €7,613 and profit for the financial year of -€664. Based on the latest retained statement, revenue growth was -76.6%, operating margin was -8.0%, and equity ratio was +93.8%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2026-02-28

Imported periods2
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-76.6%
Operating margin-8.0%
Equity ratio93.8%
Revenue€7,613-€24,900 (-76.6%) vs previous periodPrevious: €32,513
Operating profit (loss)-€608-€10,431 (-106.2%) vs previous periodPrevious: €9,823
Profit (loss) for the financial year-€664-€8,531 (-108.4%) vs previous periodPrevious: €7,867
Assets€34,864-€15,890 (-31.3%) vs previous periodPrevious: €50,754
Balance-sheet contextLatest financial period
Cash and bank€22,200Previous: €40,798
Retained earnings€30,852Previous: €25,875
Equity€32,689Previous: €36,242
Liabilities€2,175Previous: €14,512
Current assets€24,273Previous: €40,798
Current liabilities€2,175Previous: €14,512
Revenue trend2 periods
€32,513
2025-02-28
€7,613
2026-02-28
Operating profit (loss) trend2 periods
€9,823
2025-02-28
-€608
2026-02-28
Profit (loss) for the financial year trend2 periods
€7,867
2025-02-28
-€664
2026-02-28
Assets trend2 periods
€50,754
2025-02-28
€34,864
2026-02-28

Financial ratios

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

Equity ratioGood
100/100 · Improving
93.8 %2025-02-28: 71.4 %
Current ratioGood
100/100 · Improving
10.20x2025-02-28: 2.81x
Operating profit marginWeak
30/100 · Declining
-8.0 %2025-02-28: 30.2 %
Ratio history
Ratio2025-02-282026-02-28
Equity ratio71.4 %93.8 %
Current ratio2.81x10.20x
Operating profit margin30.2 %-8.0 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2985193-3
VAT IDFI29851933
EU IDFIFPRO.2985193-3
MunicipalityRovaniemi
Current registered entries
2019-02-25VAT-liable for business activity in Tax Administration (VAT Register)
2019-02-25Registered in Tax Administration (Prepayment Register)
2019-03-18Registered in Tax Administration (Tax Administration)
2019-03-18Registered in Patent and Registration Office (Trade 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
StableRii-Rak Oy
Grade unchangedB1 · new analysis 2026-10-18
Model score60/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
2 comparable periods
RevenueDeteriorating
ProfitabilityDeteriorating
SolvencyImproving
LiquidityImproving
Peer comparisonSame industry, size and age groupDescriptive comparison – does not change the model score.
103 peers
Solvency69%
Better than 69% of peers
Profitability27%
Below 73% of peers
Liquidity84%
Better than 84% of peers
Revenue growth11%
Below 89% 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.
2 observed filings
Latest registration lag122 days after period end
Typical registration lag130 days after period end
Annual continuity2 consecutive periods
Supporting factors
  • Strong equity ratio
  • Healthy short-term liquidity
  • Company context reduces the weight of an isolated financial signal
Risk factors to note
  • Negative profitability or net result
  • Sharp year-over-year revenue drop
  • Coordinated deterioration across 2 financial domains
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
B1
2026-10-1860/100 · v0.15
B1 → B1
B1
2026-09-24 01:1260/100 · 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
2026-09-1560/100 · 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
2026-09-1457/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB1
Automatic model snapshot2026-10-18
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 riskmedium
53/100

Industry context is medium based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 7 years of registry continuity.

Registry and status signalsSeurattava
70/100

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
18 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.

9 register eventsLatest event: 2025-12-30

Financial statements availability

Available financial statement periods and PRH source filings.

2 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

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