Business profile

Riive Oy

Riive Oy was declared bankrupt 2026-08-21. In its latest retained statement for 2024-12-31, revenue was €2,287,163 and operating profit was €60,787.

Business ID 2500357-4BANKRUPTCYUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2500357-4
Sector
Construction of residential and non-residential buildings
Municipality
Helsingfors
Company form
Limited company
Registration date
2012-10-05
Business ID registration date
2012-09-25
Business status
BANKRUPTCY
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Lupajantie 2 E 73, 00970, Helsingfors

Phone: +358449180370Source observation

People and decision-makers

Tõnis RiiveHallitus: varsinainen jäsen
Kaarel SalamovHallitus: varajäsen

About Riive Oy

Financial position and key figures for the company.

Riive Oy was declared bankrupt 2026-08-21. In its latest retained statement for 2024-12-31, revenue was €2,287,163 and operating profit was €60,787. The latest retained financial statement for 2024-12-31 shows revenue of €2,287,163 and profit for the financial year of €31,900. Based on the latest retained statement, revenue growth was +146.1%, operating margin was +2.7%, and equity ratio was +10.8%.

Extended business activity

A longer directory- or registry-backed activity description that complements the short registry industry label.

Yhtiön toimiala on rakentaminen ja muut rakentamiseen liittyvät palvelut, kiinteistön- ja kaupanalan palvelut.

Financial highlights

Key figures from the latest financial period.

Latest financial period

2024-12-31

Imported periods0
PRH parsed0
Profile sourceEnriched source observation
Derived indicators
Revenue growth146.1%
Operating margin2.7%
Equity ratio10.8%
Balance-sheet contextLatest financial period
Profit before taxes€40,539Previous: €231,084
Employees4Previous: 4
Revenue trend5 periods
€1,105,129
2020-12-31
€740,878
2021-12-31
€538,334
2022-12-31
€929,258
2023-12-31
€2,287,163
2024-12-31
Operating profit (loss) trend5 periods
-€37,052
2020-12-31
-€150,435
2021-12-31
€86,262
2022-12-31
€235,339
2023-12-31
€60,787
2024-12-31
Profit (loss) for the financial year trend5 periods
-€37,540
2020-12-31
-€151,681
2021-12-31
€85,671
2022-12-31
€211,026
2023-12-31
€31,900
2024-12-31
Assets trend5 periods
€165,511
2020-12-31
€41,987
2021-12-31
€47,184
2022-12-31
€300,786
2023-12-31
€1,007,004
2024-12-31

Financial ratios

Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.

Equity ratioWeak
14/100 · Declining
10.8 %2023-12-31: 25.6 %
Current ratioNot assessable
0/100 · Trend unavailable
Not available2023-12-31: Ei saatavilla
Operating profit marginPassable
57/100 · Declining
2.7 %2023-12-31: 25.3 %
Ratio history
Ratio2020-12-312021-12-312022-12-312023-12-312024-12-31
Equity ratio-41.0 %-522.9 %-283.8 %25.6 %10.8 %
Current ratio-----
Operating profit margin-3.4 %-20.3 %16.0 %25.3 %2.7 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID2500357-4
VAT IDFI25003574
EU IDFIFPRO.2500357-4
MunicipalityHelsingfors
Current registered entries
2012-10-01Registered in Tax Administration (Employer Register)
2012-10-01VAT-liable for business activity in Tax Administration (VAT Register)
2012-10-01Registered in Tax Administration (Prepayment Register)
2012-10-05Registered in Patent and Registration Office (Trade Register)
2012-10-08Registered in Tax Administration (Tax Administration)

Responsible people

Public role relationships materialized from source observations.

Tõnis RiiveHallitus: varsinainen jäsenSources: 1 · Confidence: 76%
Kaarel SalamovHallitus: varajäsenSources: 1 · Confidence: 76%

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 riskRiive Oy
Model score29/100
Assessment confidenceMedium
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectoryFinancial development has been volatile across multiple domains.
4 comparable periods
RevenueImproving · 2 consecutive periods
ProfitabilityVolatile
SolvencyVolatile
LiquidityNot enough history
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
81 peers
Solvency16%
Below 84% of peers
Profitability37%
Below 63% of peers
Revenue growth96%
Better than 96% of peers
Supporting factors
  • A newer financial statement filing has been reported
  • Long registry continuity
Risk factors to note
  • High balance-sheet leverage
  • Material volatility across multiple financial domains
  • Severe registry event in the last 6 months
Automatic model gradeD
Automatic model snapshot2026-10-04
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 riskhigh
25/100

Industry context is high based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 14 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
4 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.

Registry timeline

Trade register notifications shown on a timeline.

28 register eventsLatest event: 2026-08-21

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

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