Business profile

Kaivu ja Louhinta Kinnunen Oy

Kaivu ja Louhinta Kinnunen Oy was declared bankrupt 2024-02-27. In its latest retained statement for 2022-12-31, revenue was €1,292,443 and operating profit was -€30,618.

Claim profileContact details
Business ID 0686219-7BANKRUPTCYUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
0686219-7
Sector
Site preparation
Municipality
Suomussalmi Kk
Company form
Limited company
Registration date
1988-02-10
Business ID registration date
1988-02-03
Business status
BANKRUPTCY
Profile ownership
Unclaimed company profile
Data source
Public registry data

Contact and location summary

Visiting address: HAKALANTIE 2, 89800, Suomussalmi Kk

About Kaivu ja Louhinta Kinnunen Oy

Financial position and key figures for the company.

Kaivu ja Louhinta Kinnunen Oy was declared bankrupt 2024-02-27. In its latest retained statement for 2022-12-31, revenue was €1,292,443 and operating profit was -€30,618. The latest retained financial statement for 2022-12-31 shows revenue of €1,292,443 and profit for the financial year of -€18,070. Based on the latest retained statement, revenue growth was +8.1%, operating margin was -2.4%, and equity ratio was +53.5%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2022-12-31

Imported periods2
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth8.1%
Operating margin-2.4%
Equity ratio53.5%
Balance-sheet contextLatest retained period snapshot
Other operating income€1,106Previous: €0
Inventory€4,240Previous: €5,890
Cash and bank€67,785Previous: €31,908
Retained earnings€152,728Previous: €302,279
Equity€151,658Previous: €169,728
Liabilities€131,730Previous: €240,149
Current assets€144,782Previous: €239,892
Current liabilities€92,944Previous: €178,865
Revenue trend2 periods
€1,195,938
2021-12-31
€1,292,443
2022-12-31
Operating profit (loss) trend2 periods
-€162,312
2021-12-31
-€30,618
2022-12-31
Profit (loss) for the financial year trend2 periods
-€149,551
2021-12-31
-€18,070
2022-12-31
Assets trend2 periods
€409,877
2021-12-31
€283,388
2022-12-31

Financial ratios

Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.

Equity ratioGood
67/100 · Improving
53.5 %2021-12-31: 41.4 %
Current ratioPassable
26/100 · Improving
0.77x2021-12-31: 0.21x
Operating profit marginWeak
44/100 · Improving
-2.4 %2021-12-31: -13.6 %
Ratio history
Ratio2021-12-312022-12-31
Equity ratio41.4 %53.5 %
Current ratio0.21x0.77x
Operating profit margin-13.6 %-2.4 %

Registry status and identifiers

Verified registry memberships and identifiers from the latest retained YTJ snapshot.

YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID0686219-7
EU IDFIFPRO.0686219-7
MunicipalitySuomussalmi Kk
Current registered entries
1988-02-03Registered in Tax Administration (Tax Administration)
1988-02-10Registered in Patent and Registration Office (Trade 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

Financial data includedNot a credit decision
D
High riskKaivu ja Louhinta Kinnunen Oy
Updated2026-08-30
ConfidenceLow
Score29/100

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.

Risk context

When open digital financial statements are unavailable, BUSINESS.fi shows registry, industry, and regional context.

Industry riskelevated
46/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
90/100

The company has about 38 years of registry continuity.

Registry and status signalsHälyttävä
0/100

Bankruptcy or liquidation status is treated as a critical legal distress signal.

Registry timeline

Trade register notifications shown on a timeline.

21 register eventsLatest event: 2024-05-25

Financial statements availability

Available statement periods and links into the retained/parsible financial statement surfaces. Use the latest statement page for deeper line-item detail.

2 financial statement periodsLatest financial period: 2022-12-31

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

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