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Soitin-Laine Oy

Limited company. Wholesale of other specialised hobby equipment.

Soitin-Laine Oy is a limited company based in Turku, registered in 1991. In the financial year ending 31.5.2026, operating profit 102 t€; equity ratio 24.9 %. Public buyers bought 60 t€ from it in 2022–2025; the largest buyer is Kulttuurin Ja Vapaa-ajan Toimiala, Helsinki (Helsinki).

Gross profit 20261,2 M€+21 % on the previous year
Operating profit102 t€
Net profit87 t€EBITDA 87 t€
Equity ratio24,9 %quick ratio 0,15
Taxable income 20240 € profit as taxed
Income taxes 20240 €0 € in 2020–2024
In business35 yrsregistered 22.5.1991
Sales to public buyers60 t€2022–2025

Financials

1,1 M€966 t€1,2 M€1,2 M€-65 t€-127 t€102 t€-80 t€-141 t€87 t€2024-052025-052026-05
Gross profitOperating profitNet profit
Key figures31.5.202631.5.202531.5.2024
Revenue change20,6 %-9,7 %–
Gross profit1,2 M€966 t€1,1 M€
EBITDA87 t€-118 t€-55 t€
Operating profit102 t€-127 t€-65 t€
Net profit87 t€-141 t€-80 t€
Personnel costs-634 t€666 t€720 t€
Equity ratio24,9 %20,1 %27,1 %
Quick ratio0,150,100,08
Current ratio1,651,571,71
Return on equity25,4 %-55,6 %-20,1 %
Balance sheet total1,4 M€1,3 M€1,5 M€
Equity341 t€254 t€395 t€
Cash and bank15 t€16 t€12 t€

Balance sheet

1,5 M€1,3 M€1,4 M€1,4 M€395 t€254 t€341 t€12 t€16 t€15 t€2024-052025-052026-05
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.5.202631.5.202531.5.2024
Gross profit or loss1,2 M€966 t€1,1 M€
Personnel expenses634 t€-666 t€-720 t€
Depreciations and reductions in value15 t€-8 799 €-9 518 €
Other operating expenses414 t€-418 t€-405 t€
Operating profit (loss)102 t€-127 t€-65 t€
Financial income and expenses + (-)16 t€-14 t€-15 t€
Profit (loss) before appropriations and taxes87 t€-141 t€-80 t€
Profit (loss) for the financial year87 t€-141 t€-80 t€

Balance sheet

31.5.202631.5.202531.5.2024
Non-current assets47 t€35 t€43 t€
Stocks1,2 M€1,2 M€1,3 M€
Receivables109 t€65 t€56 t€
Cash in hand and at banks15 t€16 t€12 t€
Current assets1,3 M€1,2 M€1,4 M€
Assets1,4 M€1,3 M€1,5 M€
Share capital or other similar capital8 006 €8 006 €8 006 €
Capital and reserves341 t€254 t€395 t€
Long-term liabilities228 t€228 t€237 t€
Short-term liabilities801 t€785 t€828 t€
Liabilities1,0 M€1,0 M€1,1 M€
All financial statement items (46)
31.5.202631.5.202531.5.2024
Gross profit or loss1,2 M€966 t€1,1 M€
Personnel expenses634 t€-666 t€-720 t€
Depreciations and reductions in value15 t€-8 799 €-9 518 €
Other operating expenses414 t€-418 t€-405 t€
Operating profit (loss)102 t€-127 t€-65 t€
Financial income and expenses + (-)16 t€-14 t€-15 t€
Profit (loss) before appropriations and taxes87 t€-141 t€-80 t€
Profit (loss) for the financial year87 t€-141 t€-80 t€
Non-current assets47 t€35 t€43 t€
Stocks1,2 M€1,2 M€1,3 M€
Receivables109 t€65 t€56 t€
Cash in hand and at banks15 t€16 t€12 t€
Current assets1,3 M€1,2 M€1,4 M€
Assets1,4 M€1,3 M€1,5 M€
Share capital or other similar capital8 006 €8 006 €8 006 €
Capital and reserves341 t€254 t€395 t€
Long-term liabilities228 t€228 t€237 t€
Short-term liabilities801 t€785 t€828 t€
Liabilities1,0 M€1,0 M€1,1 M€
Long-term liabilities to credit institutions228 t€228 t€237 t€
Other current liabilities393 t€397 t€368 t€
Wages and salaries496 t€-528 t€-549 t€
Pension expenses122 t€-123 t€-153 t€
Tangible assets40 t€20 t€22 t€
Intangible assets7 200 €14 t€22 t€
Depreciations according to plan15 t€-8 799 €-9 518 €
Liabilities1,4 M€1,3 M€1,5 M€
Investments167 €167 €167 €
Other social security expenses15 t€-15 t€-18 t€
Other short-term receivables6 521 €0 €–
Other intangible assets7 200 €14 t€22 t€
Profit (loss) for the period, equity87 t€-141 t€-80 t€
Retained earnings246 t€387 t€467 t€
Short-term liabilities to credit institutions19 t€20 t€20 t€
Finished products1,2 M€1,1 M€1,3 M€
Other tangible assets15 t€15 t€15 t€
Short-term prepayments and accrued income473 €412 €6 092 €
Other interest and financial income from non-group companies1 225 €636 €552 €
Other shares and similar rights of ownership167 €167 €167 €
Short-term accrued expenses and deferred income83 t€86 t€88 t€
Other stocks12 t€30 t€56 t€
Short-term sales receivables102 t€65 t€50 t€
Short-term receivables109 t€65 t€56 t€
Interest expenses and other financial expenses for non-Group companies17 t€-15 t€-15 t€
Machinery and equipment25 t€4 796 €6 395 €
Short-term accounts payable307 t€282 t€351 t€

From financial statements filed digitally (XBRL) with the Finnish Patent and Registration Office; ratios calculated from them. Equity ratio = (equity + accumulated appropriations) / (balance sheet total − advances received).

Taxes

0 €0 €0 €0 €0 €0 €20202021202220232024

Taxable income is the profit as calculated for taxation, not revenue. Public data from the Finnish Tax Administration; figures for 2025 are published in November 2026.

Sales to public buyers

15 t€11 t€30 t€3 807 €3 807 €2022202320242025

Largest buyers

  • Kulttuurin Ja Vapaa-ajan Toimiala, Helsinki Helsinki40 t€
  • Hyvinvoinnin Palvelualue Järvenpää7 020 €
  • Sivistys- Ja Tulevaisuuspalvelut Forssa3 825 €
  • Rikosseuraamuslaitos Oikeusministeriön hallinnonala3 142 €
  • Pelastuslaitos, Helsinki Helsinki1 804 €
  • Kasvatustieteet Ja Kulttuuri Tampereen yliopisto1 756 €
  • Terveyden ja hyvinvoinnin laitos Sosiaali- ja terveysministeriön hallinnonala1 036 €
  • Kasvatuksen Ja Koulutuksen Toimiala, Helsinki Helsinki888 €

All buyers and product groups

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