Risk grade updatedRisk gradeEvidence verified
28 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → B3.Business profile
Ritarak Oy
Ritarak Oy's registered office is Turku. It is a limited company. The company was established on 1990-02-07. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2026-03-31, revenue was €627,814 and operating profit was -€105,094.
Business ID 0785180-1ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 0785180-1
- Sector
- Construction of residential and non-residential buildings
- Municipality
- Turku
- Company form
- Limited company
- Registration date
- 1990-02-07
- Business ID registration date
- 1990-02-23
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Vähäheikkiläntie 56 C, 20810, Turku
Website: https://www.ritarak.fiSource observation
About Ritarak Oy
Financial position and key figures for the company.
Ritarak Oy's location municipality is Turku. It is a limited company. The company was established on 1990-02-07. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2026-03-31, revenue was €627,814 and operating profit was -€105,094. The latest retained financial statement for 2026-03-31 shows revenue of €627,814 and profit for the financial year of -€111,280. Based on the latest retained statement, revenue growth was -32.0%, operating margin was -16.7%, and equity ratio was +13.0%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2026-03-31
4
2
PRH/XBRL financial statement
Derived indicators
Revenue growth-32.0%
Operating margin-16.7%
Equity ratio13.0%
Balance-sheet contextLatest financial period
Inventory€1,270,563Previous: €132,460
Cash and bank€387,131Previous: €99,796
Advances received€1,253,606Previous: €0
Retained earnings€355,478Previous: €303,824
Equity€246,720Previous: €389,130
Liabilities€1,657,367Previous: €85,706
Current assets€1,894,936Previous: €462,634
Current liabilities€1,657,367Previous: €79,248
Revenue trend2 periods
€922,987
2024-09-30
€627,814
2026-03-31
Operating profit (loss) trend2 periods
€110,007
2024-09-30
-€105,094
2026-03-31
Profit (loss) for the financial year trend2 periods
€82,784
2024-09-30
-€111,280
2026-03-31
Assets trend2 periods
€474,837
2024-09-30
€1,904,087
2026-03-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioSatisfactory
47/100 · Declining
Current ratioSatisfactory
33/100 · Declining
Operating profit marginWeak
8/100 · Declining
Ratio history
| Ratio | 2024-09-30 | 2026-03-31 |
|---|---|---|
| Equity ratio | 82.0 % | 37.9 % |
| Current ratio | 2.93x | 1.00x |
| Operating profit margin | 11.9 % | -16.7 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID0785180-1
VAT IDFI07851801
EU IDFIFPRO.0785180-1
MunicipalityTurku
Current registered entries
1990-02-07Registered in Patent and Registration Office (Trade Register)
1990-02-23Registered in Tax Administration (Tax Administration)
1997-11-25VAT-liable for business activity in Tax Administration (VAT Register)
1997-12-12Registered in Tax Administration (Prepayment Register)
1998-06-01Registered in Tax Administration (Employer Register)
2001-01-08VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT 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
B3
MonitorRitarak Oy
Grade downgradedB1 → B3 · new analysis 2026-09-28
43/100
High
Strong financial evidenceFinancial data included
MixedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings156 days after period end
141 days after period end
1 consecutive periods
Supporting factors
- Active registered status
- A newer financial statement filing has been reported
- Long registry continuity
Risk factors to note
- Negative profitability or net result
- Sharp year-over-year revenue drop
- High balance-sheet leverage
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessmentsB3
2026-09-28 04:3443/100 · v0.14
B1 → B3 · -17 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2026-03-31).
- 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
2026-09-1457/100 · v0.12
Oldest retained automatic assessment in this comparisonB3
2026-09-28
open-risk-grade-v0.14
The grade can use open digital financial statement data together with registry signals.
A serious financial risk signal affects this grade. Review the profile financial indicators as well.
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
90/100
The company has about 36 years of registry continuity.
Registry and status signalsVakaa
83/100
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
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
18 register eventsLatest event: 2026-09-03
Financial statements availability
Available financial statement periods and PRH source filings.
4 financial statement periodsLatest financial period: 2026-03-31
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-02-03.
This company profile has not been claimed yet
Ritarak Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.