AJ-Bike Oy is a limited company based in Mustasaari, registered in 1998. In the financial year ending 30.9.2024, revenue was 234 t€ and operating profit 7 106 €; equity ratio 43.5 %. Its taxable income in 2024 was 13 t€ and its income taxes 2 515 €. Public buyers bought 33 t€ from it in 2023–2024; the largest buyer is Järjestämistoiminto (Pohjois-Pohjanmaan hyvinvointialue).
Financials
| Key figures | 30.9.2024 | 30.9.2023 |
|---|---|---|
| Revenue | 234 t€ | 178 t€ |
| Revenue change | 31,3 % | – |
| EBITDA | 11 t€ | 21 t€ |
| EBITDA % | 4,9 % | 12,0 % |
| Operating profit | 7 106 € | 15 t€ |
| Operating margin | 3,0 % | 8,4 % |
| Net profit | 9 826 € | 13 t€ |
| Personnel costs | 47 t€ | 20 t€ |
| Equity ratio | 43,5 % | 24,2 % |
| Quick ratio | 0,21 | 0,11 |
| Current ratio | 1,54 | 1,14 |
| Debt to revenue | 53,8 % | 100,0 % |
| Return on equity | 10,2 % | 23,1 % |
| Balance sheet total | 223 t€ | 236 t€ |
| Equity | 97 t€ | 57 t€ |
| Cash and bank | 13 t€ | 12 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 30.9.2024 | 30.9.2023 | |
|---|---|---|
| Turnover | 234 t€ | 178 t€ |
| Other operating income | 0 € | 690 € |
| Raw materials and services | -126 t€ | -89 t€ |
| Personnel expenses | -47 t€ | -20 t€ |
| Depreciations and reductions in value | -4 336 € | -6 362 € |
| Other operating expenses | -50 t€ | -50 t€ |
| Operating profit (loss) | 7 106 € | 15 t€ |
| Financial income and expenses + (-) | 5 263 € | -1 849 € |
| Profit (loss) before appropriations and taxes | 12 t€ | 13 t€ |
| Income taxes | -2 544 € | 0 € |
| Profit (loss) for the financial year | 9 826 € | 13 t€ |
Balance sheet
| 30.9.2024 | 30.9.2023 | |
|---|---|---|
| Non-current assets | 29 t€ | 32 t€ |
| Stocks | 168 t€ | 184 t€ |
| Receivables | 13 t€ | 7 077 € |
| Cash in hand and at banks | 13 t€ | 12 t€ |
| Current assets | 194 t€ | 204 t€ |
| Assets | 223 t€ | 236 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € |
| Capital and reserves | 97 t€ | 57 t€ |
| Short-term liabilities | 126 t€ | 179 t€ |
| Liabilities | 126 t€ | 179 t€ |
All financial statement items (46)
| 30.9.2024 | 30.9.2023 | |
|---|---|---|
| Turnover | 234 t€ | 178 t€ |
| Other operating income | 0 € | 690 € |
| Raw materials and services | -126 t€ | -89 t€ |
| Personnel expenses | -47 t€ | -20 t€ |
| Depreciations and reductions in value | -4 336 € | -6 362 € |
| Other operating expenses | -50 t€ | -50 t€ |
| Operating profit (loss) | 7 106 € | 15 t€ |
| Financial income and expenses + (-) | 5 263 € | -1 849 € |
| Profit (loss) before appropriations and taxes | 12 t€ | 13 t€ |
| Income taxes | -2 544 € | 0 € |
| Profit (loss) for the financial year | 9 826 € | 13 t€ |
| Non-current assets | 29 t€ | 32 t€ |
| Stocks | 168 t€ | 184 t€ |
| Receivables | 13 t€ | 7 077 € |
| Cash in hand and at banks | 13 t€ | 12 t€ |
| Current assets | 194 t€ | 204 t€ |
| Assets | 223 t€ | 236 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € |
| Capital and reserves | 97 t€ | 57 t€ |
| Short-term liabilities | 126 t€ | 179 t€ |
| Liabilities | 126 t€ | 179 t€ |
| Pension expenses | -7 084 € | -3 813 € |
| Depreciations according to plan | -4 336 € | -6 362 € |
| Development expenses | 25 t€ | 27 t€ |
| Tangible assets | 3 612 € | 4 815 € |
| Retained earnings | 19 t€ | 5 423 € |
| Short-term receivables | 13 t€ | 7 077 € |
| Other current liabilities | 103 t€ | 118 t€ |
| Short-term sales receivables | 10 t€ | 2 005 € |
| Short-term subordinated loans | 0 € | 30 t€ |
| Other interest and financial income from non-group companies | 6 186 € | 140 € |
| Interest expenses and other financial expenses for non-Group companies | -923 € | -1 989 € |
| Short-term accounts payable | 19 t€ | 24 t€ |
| Finished products | 168 t€ | 184 t€ |
| Short-term accrued expenses and deferred income | 3 423 € | 6 227 € |
| Reserve for invested non-restricted equity | 60 t€ | 30 t€ |
| Intangible assets | 25 t€ | 27 t€ |
| Profit (loss) for the period, equity | 9 826 € | 13 t€ |
| Other social security expenses | -8 376 € | -5 529 € |
| Purchases during the financial year | -109 t€ | -82 t€ |
| Other short-term receivables | 3 000 € | 5 072 € |
| Services purchased | -95 € | -203 € |
| Wages and salaries | -31 t€ | -10 t€ |
| Liabilities | 223 t€ | 236 t€ |
| Inventory increase (+) or decrease (-) | -17 t€ | -6 679 € |
| Machinery and equipment | 3 612 € | 4 815 € |
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
Measured by taxable income, AJ-Bike Oy is in the lower half of the industry class retail sale of motorcycles, motorcycle parts and accessories (40 companies with taxable income; median 39 t€).
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
Largest buyers
Free monthly list: Mustasaari
Once a month by email: new leads in this municipality and its neighbours, the month's figures and the full list. No charge, no commitment, cancel any time.
Follow companies in your area
New companies, bankruptcies and changes of CEO and property manager in the areas and industries you choose, by email. 14-day free trial, cancel any time.
Try for free