Business profile

River Estate Oy

River Estate Oy's registered office is Mikkeli. It is a limited company. The company was established on 2011-10-13. It operates in the industry of buying and selling of own real estate. In its latest retained statement for 2024-12-31, revenue was €3,661 and operating profit was -€12,589.

Claim profileContact details
Business ID 2431983-3ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2431983-3
Sector
Buying and selling of own real estate
Municipality
Mikkeli
Company form
Limited company
Registration date
2011-10-13
Business ID registration date
2011-09-28
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Setrikatu 2, 50100, Mikkeli

People and decision-makers

Viitikko Heikki KaleviToimitusjohtaja

About River Estate Oy

Financial position and key figures for the company.

River Estate Oy's location municipality is Mikkeli. It is a limited company. The company was established on 2011-10-13. It operates in the industry of buying and selling of own real estate. In its latest retained statement for 2024-12-31, revenue was €3,661 and operating profit was -€12,589. The latest retained financial statement for 2024-12-31 shows revenue of €3,661 and profit for the financial year of -€3,568. Based on the latest retained statement, revenue growth was not currently available, operating margin was -343.9%, and equity ratio was +44.6%.

Extended business activity

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

Yhtiön toimiala on kiinteistöjen ja osakehuoneistojen kauppa ja vuokraus sekä arvopapereiden ja muiden sijoitusten kauppa.

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
Operating margin-343.9%
Equity ratio44.6%
Revenue€3,661Previous comparison not availablePrevious: No comparison value
Operating profit (loss)-€12,589+€3,466 (+21.6%) vs previous periodPrevious: -€16,056
Profit (loss) for the financial year-€3,568+€2,146 (+37.6%) vs previous periodPrevious: -€5,714
Assets€990,315+€444,859 (+81.6%) vs previous periodPrevious: €545,456
Balance-sheet contextLatest financial period
Profit before taxes-€3,568Previous: -€5,714
Employees12Previous: No comparison value
Revenue trend3 periods
€17,800
2021-12-31
€0
2022-12-31
€3,661
2024-12-31
Operating profit (loss) trend4 periods
-€1,165
2021-12-31
-€19,458
2022-12-31
-€16,056
2023-12-31
-€12,589
2024-12-31
Profit (loss) for the financial year trend4 periods
-€1,205
2021-12-31
-€19,470
2022-12-31
-€5,714
2023-12-31
-€3,568
2024-12-31
Assets trend4 periods
€659,376
2021-12-31
€464,872
2022-12-31
€545,456
2023-12-31
€990,315
2024-12-31

Financial ratios

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

Equity ratioSatisfactory
56/100 · Declining
44.6 %2023-12-31: 81.6 %
Current ratioNot assessable
0/100 · Trend unavailable
Not available2023-12-31: Ei saatavilla
Operating profit marginWeak
0/100 · Declining
-343.9 %2021-12-31: -6.5 %
Ratio history
Ratio2021-12-312022-12-312023-12-312024-12-31
Equity ratio71.3 %97.0 %81.6 %44.6 %
Current ratio----
Operating profit margin-6.5 %---343.9 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2431983-3
VAT IDFI24319833
EU IDFIFPRO.2431983-3
MunicipalityMikkeli
Current registered entries
2011-09-27Registered in Tax Administration (Prepayment Register)
2011-10-13Registered in Patent and Registration Office (Trade Register)
2011-10-24Registered in Tax Administration (Tax Administration)
2025-03-01VAT-liable for business activity in Tax Administration (VAT Register)

Responsible people

Public role relationships materialized from source observations.

Viitikko Heikki KaleviToimitusjohtajaSources: 5 · Confidence: 78%
Viitikko Heikki KaleviVarsinainen jäsenSources: 2 · Confidence: 78%
Viitikko Tarja AnneliVarajäsenSources: 2 · Confidence: 78%
Jenni KovanenPäävastuullinen tilintarkastajaSources: 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
B1
StableRiver Estate Oy
Grade unchangedB1 · new analysis 2026-10-18
Model score61/100
Assessment confidenceMedium
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectoryFinancial development is mostly stable or mixed.
4 comparable periods
RevenueNot enough history
ProfitabilityNot enough history
SolvencyDeteriorating · 2 consecutive periods
LiquidityNot enough history
Peer comparisonSame industry, size and age groupDescriptive comparison – does not change the model score.
188 peers
Solvency31%
Below 69% of peers
Profitability3%
Below 97% of peers
Supporting factors
  • Strong equity ratio
  • Company context reduces the weight of an isolated financial signal
  • Active registered status
Risk factors to note
  • Negative profitability or net result
  • Losses in the latest and previous available periods
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessments
B1
2026-10-1861/100 · v0.15
B1 → B1
  • Evidence quality: Strong financial evidence → Usable financial evidence.
B1
2026-10-0561/100 · v0.14
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 continuityVakiintunut
80/100

The company has about 15 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
5 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.

Registry timeline

Trade register notifications shown on a timeline.

17 register eventsLatest event: 2026-07-31

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

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