Risk grade updatedRisk gradeEvidence verified
16 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Business profile
Riverco Group Oy
Riverco Group Oy's registered office is Turku. It is a limited company. The company was established on 2001-08-07. It operates in the industry of repair and maintenance of civilian ships and boats. In its latest retained statement for 2025-12-31, revenue was €115,369 and operating profit was -€997.
Business ID 1709502-6ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1709502-6
- Sector
- Repair and maintenance of civilian ships and boats
- Municipality
- Turku
- Company form
- Limited company
- Registration date
- 2001-08-07
- Business ID registration date
- 2001-06-06
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Puutarhakatu 49, 20100, Turku
Phone: +35822306558Source observation
Email: [email protected]Source observation
Website: https://www.riverco.fiSource observation
People and decision-makers
Kankare Kari-MattiToimitusjohtaja
About Riverco Group Oy
Financial position and key figures for the company.
Riverco Group Oy's location municipality is Turku. It is a limited company. The company was established on 2001-08-07. It operates in the industry of repair and maintenance of civilian ships and boats. In its latest retained statement for 2025-12-31, revenue was €115,369 and operating profit was -€997. The latest retained financial statement for 2025-12-31 shows revenue of €115,369 and profit for the financial year of €110,081. Based on the latest retained statement, revenue growth was +28.7%, operating margin was -0.9%, and equity ratio was +99.2%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth28.7%
Operating margin-0.9%
Equity ratio99.2%
Revenue€115,369+€25,737 (+28.7%) vs previous periodPrevious: €89,632
Operating profit (loss)-€997+€19,509 (+95.1%) vs previous periodPrevious: -€20,506
Profit (loss) for the financial year€110,081-€75,998 (-40.8%) vs previous periodPrevious: €186,079
Assets€5,042,105-€24,650 (-0.5%) vs previous periodPrevious: €5,066,756
Balance-sheet contextLatest financial period
Profit before taxes€120,414Previous: €221,374
Employees2Previous: 2
Revenue trend5 periods
€130,184
2021-12-31
€139,912
2022-12-31
€121,046
2023-12-31
€89,632
2024-12-31
€115,369
2025-12-31
Operating profit (loss) trend5 periods
€42,759
2021-12-31
€45,130
2022-12-31
€20,719
2023-12-31
-€20,506
2024-12-31
-€997
2025-12-31
Profit (loss) for the financial year trend5 periods
€86,433
2021-12-31
€86,355
2022-12-31
€142,572
2023-12-31
€186,079
2024-12-31
€110,081
2025-12-31
Assets trend5 periods
€4,936,941
2021-12-31
€4,996,377
2022-12-31
€4,993,729
2023-12-31
€5,066,756
2024-12-31
€5,042,105
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioGood
100/100 · Improving
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginWeak
48/100 · Improving
Ratio history
| Ratio | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Equity ratio | 99.1 % | 98.7 % | 99.0 % | 98.9 % | 99.2 % |
| Current ratio | - | - | - | - | - |
| Operating profit margin | 32.9 % | 32.3 % | 17.1 % | -22.9 % | -0.9 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID1709502-6
VAT IDFI17095026
EU IDFIFPRO.1709502-6
MunicipalityTurku
Current registered entries
2001-03-26VAT-liable for business activity in Tax Administration (VAT Register)
2001-07-03Registered in Tax Administration (Prepayment Register)
2001-07-03Registered in Tax Administration (Tax Administration)
2001-08-07Registered in Patent and Registration Office (Trade Register)
Responsible people
Public role relationships materialized from source observations.
Kankare Kari-MattiToimitusjohtajaSources: 5 · Confidence: 78%
Kankare Kari-MattiPuheenjohtajaSources: 3 · Confidence: 78%
Kankare Markus Jussi JalmariVarsinainen jäsenSources: 4 · Confidence: 78%
Kankare Tuomas Matti AlexVarsinainen jäsenSources: 3 · Confidence: 78%
Kankare Laura MariaVarsinainen jäsenSources: 4 · Confidence: 78%
Kankare Mikko JuhaniVarsinainen jäsenSources: 2 · Confidence: 78%
Kokkonen Väinö VeikkoTilintarkastajaSources: 2 · Confidence: 78%
Knuutinen Jutta EmiliaProkuristiSources: 1 · Confidence: 78%
Mikael KankareHallitus: varsinainen jäsenSources: 1 · Confidence: 76%
Mikko KankareCOOSources: 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
StableRiverco Group Oy
69/100
Medium
Registry and statistical evidenceRegistry and statistics based
Supporting factors
- Active registered status
- Long registry continuity
Risk factors to note
- Sufficient structured financial metrics are not available
B1
2026-09-16
open-risk-grade-v0.14
The grade uses registry, industry, and regional signals because sufficient source-backed financial metrics are not available for a Tier 1 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
50/100
Industry context is medium based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 25 years of registry continuity.
Registry and status signalsErittäin vahva
92/100
Long registry history, recent financial statement filings, and active register markings support this signal.
Events & news
Verified events and sourced external company news in one timeline.
Registry timeline
Trade register notifications shown on a timeline.
34 register eventsLatest event: 2026-08-20
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-02-16.
This company profile has not been claimed yet
Riverco Group Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.