Risk grade updatedRisk gradeEvidence verified
17 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Business profile
Ultimate Rakennus Oy
Ultimate Rakennus Oy's registered office is Ivalo. It is a limited company. The company was established on 2011-01-20. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2025-12-31, revenue was €34 and operating profit was €12,026.
Business ID 2378403-9ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2378403-9
- Sector
- Construction of residential and non-residential buildings
- Municipality
- Ivalo
- Company form
- Limited company
- Registration date
- 2011-01-20
- Business ID registration date
- 2010-12-17
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Kerttuojanrinne 4, 99800, Ivalo
Phone: +358443769143Source observation
Email: [email protected]Source observation
People and decision-makers
Karjalainen Mikko OlaviToimitusjohtaja
About Ultimate Rakennus Oy
Financial position and key figures for the company.
Ultimate Rakennus Oy's location municipality is Ivalo. It is a limited company. The company was established on 2011-01-20. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2025-12-31, revenue was €34 and operating profit was €12,026. Based on the latest retained statement, revenue growth was not currently available, operating margin was +35371.2%, and equity ratio was not currently available.
Auxiliary business names
Public alternate names materialized from source observations.
Epic Design
Extended business activity
A longer directory- or registry-backed activity description that complements the short registry industry label.
Yhtiön toimiala on rakennusala. Kaikki laillinen liiketoiminta. Oikeus ostaa ja omistaa kiinteätä omaisuutta ja osakkeita sekä käydä niillä kauppaa.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Enriched source observation
Derived indicators
Operating margin35371.2%
Revenue€34+€34 vs previous periodPrevious: €0
Operating profit (loss)€12,026+€23,474 (+205.1%) vs previous periodPrevious: -€11,447
Assets€20,473+€915 (+4.7%) vs previous periodPrevious: €19,558
Balance-sheet contextLatest financial period
Employees1Previous: 1
Revenue trend5 periods
€74,843
2021-12-31
€77,130
2022-12-31
€37,107
2023-12-31
€0
2024-12-31
€34
2025-12-31
Operating profit (loss) trend5 periods
-€3,572
2021-12-31
€1,884
2022-12-31
-€808
2023-12-31
-€11,447
2024-12-31
€12,026
2025-12-31
Profit (loss) for the financial year trend4 periods
-€3,964
2021-12-31
€1,751
2022-12-31
-€954
2023-12-31
-€11,583
2024-12-31
Assets trend5 periods
€36,567
2021-12-31
€33,746
2022-12-31
€26,561
2023-12-31
€19,558
2024-12-31
€20,473
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioNot assessable
0/100 · Trend unavailable
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginGood
100/100 · Improving
Ratio history
| Ratio | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Equity ratio | 23.4 % | 28.6 % | 29.9 % | -18.6 % | - |
| Current ratio | - | - | - | - | - |
| Operating profit margin | -4.8 % | 2.4 % | -2.2 % | - | 35371.2 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2378403-9
VAT IDFI23784039
EU IDFIFPRO.2378403-9
MunicipalityIvalo
Current registered entries
2011-01-20VAT-liable for business activity in Tax Administration (VAT Register)
2011-01-20Registered in Tax Administration (Prepayment Register)
2011-01-20Registered in Patent and Registration Office (Trade Register)
2011-01-21Registered in Tax Administration (Tax Administration)
Responsible people
Public role relationships materialized from source observations.
Karjalainen Mikko OlaviToimitusjohtajaSources: 6 · Confidence: 78%
Karjalainen Reima Aulis OlaviVarajäsenSources: 2 · Confidence: 78%
Karjalainen Mikko OlaviVarsinainen jäsenSources: 3 · Confidence: 78%
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
B2
SatisfactoryUltimate Rakennus Oy
Grade unchangedB2 · new analysis 2026-10-17
58/100
Medium
Limited financial evidenceRegistry and statistics based
Financial development is mostly stable or mixed.
4 comparable periodsProfitabilityNot enough history
SolvencyNot enough history
LiquidityNot enough history
Supporting factors
- Company context reduces the weight of an isolated financial signal
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Elevated industry distress context
- Sufficient structured financial metrics are not available
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsB2
2026-10-1758/100 · v0.15
B2 → B2 · +1 points- Revenue: Not enough history → Deteriorating
- Evidence quality: Registry and statistical evidence → Limited financial evidence.
- New supporting factor: Company context reduces the weight of an isolated financial signal.
B2
2026-09-1757/100 · v0.14
Oldest retained automatic assessment in this comparisonB2
2026-10-17
open-risk-grade-v0.15
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 riskhigh
25/100
Industry context is high based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 15 years of registry continuity.
Registry and status signalsVakaa
76/100
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.
Registry timeline
Trade register notifications shown on a timeline.
14 register eventsLatest event: 2026-03-28
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-04-01.
This company profile has not been claimed yet
Ultimate Rakennus Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.