ME-Line Oy is a limited company based in Vantaa, registered in 2000. The company has been in bankruptcy since 12.10.2026. In the financial year ending 31.12.2024, revenue was 156 t€ and operating profit -16 t€; equity ratio -170.6 %. Latest Trade Register entry: bankruptcy, 13.10.2026.
Revenue 2024156 t€-21 % on the previous year
Operating profit-16 t€-10,3 % of revenue
Net profit-25 t€EBITDA 3 601 €
Equity ratio-170,6 %quick ratio 0,27
Taxable income 20240 €
profit as taxed
Income taxes 2024100 €200 € in 2020–2024
In business26 yrsregistered 17.8.2000
Trade Register1entries, latest: bankruptcy
StatusIn bankruptcysince 12.10.2026
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|
| Revenue | 156 t€ | 198 t€ | 110 t€ |
| Revenue change | -21,3 % | 80,4 % | – |
| EBITDA | 3 601 € | -8 554 € | -3 515 € |
| EBITDA % | 2,3 % | -4,3 % | -3,2 % |
| Operating profit | -16 t€ | -68 t€ | -19 t€ |
| Operating margin | -10,3 % | -34,4 % | -17,6 % |
| Net profit | -25 t€ | -352 t€ | 428 € |
| Personnel costs | 64 t€ | 90 t€ | 43 t€ |
| Equity ratio | -170,6 % | -163,7 % | 0,6 % |
| Quick ratio | 0,27 | 0,16 | 0,17 |
| Current ratio | 0,35 | 0,20 | 0,18 |
| Debt to revenue | 319,9 % | 284,0 % | 431,8 % |
| Return on equity | – | – | 15,6 % |
| Balance sheet total | 184 t€ | 218 t€ | 476 t€ |
| Equity | -314 t€ | -349 t€ | 2 744 € |
| Cash and bank | 1 370 € | 1 491 € | 3 973 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Turnover | 156 t€ | 198 t€ | 110 t€ |
| Other operating income | 9 140 € | 2 981 € | 11 t€ |
| Raw materials and services | -56 t€ | -63 t€ | -25 t€ |
| Personnel expenses | -64 t€ | -90 t€ | -43 t€ |
| Depreciations and reductions in value | -20 t€ | -59 t€ | -16 t€ |
| Other operating expenses | -41 t€ | -56 t€ | -56 t€ |
| Operating profit (loss) | -16 t€ | -68 t€ | -19 t€ |
| Financial income and expenses + (-) | -9 182 € | -284 t€ | 11 t€ |
| Profit (loss) before appropriations and taxes | -25 t€ | -352 t€ | -8 354 € |
| Profit (loss) for the financial year | -25 t€ | -352 t€ | 428 € |
Balance sheet
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Non-current assets | 160 t€ | 186 t€ | 408 t€ |
| Stocks | 5 820 € | 5 820 € | 5 820 € |
| Receivables | 17 t€ | 24 t€ | 59 t€ |
| Cash in hand and at banks | 1 370 € | 1 491 € | 3 973 € |
| Current assets | 24 t€ | 32 t€ | 68 t€ |
| Assets | 184 t€ | 218 t€ | 476 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | -314 t€ | -349 t€ | 2 744 € |
| Long-term liabilities | 429 t€ | 405 t€ | 96 t€ |
| Short-term liabilities | 70 t€ | 162 t€ | 378 t€ |
| Liabilities | 498 t€ | 567 t€ | 474 t€ |
All financial statement items (60)
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Turnover | 156 t€ | 198 t€ | 110 t€ |
| Other operating income | 9 140 € | 2 981 € | 11 t€ |
| Raw materials and services | -56 t€ | -63 t€ | -25 t€ |
| Personnel expenses | -64 t€ | -90 t€ | -43 t€ |
| Depreciations and reductions in value | -20 t€ | -59 t€ | -16 t€ |
| Other operating expenses | -41 t€ | -56 t€ | -56 t€ |
| Operating profit (loss) | -16 t€ | -68 t€ | -19 t€ |
| Financial income and expenses + (-) | -9 182 € | -284 t€ | 11 t€ |
| Profit (loss) before appropriations and taxes | -25 t€ | -352 t€ | -8 354 € |
| Profit (loss) for the financial year | -25 t€ | -352 t€ | 428 € |
| Non-current assets | 160 t€ | 186 t€ | 408 t€ |
| Stocks | 5 820 € | 5 820 € | 5 820 € |
| Receivables | 17 t€ | 24 t€ | 59 t€ |
| Cash in hand and at banks | 1 370 € | 1 491 € | 3 973 € |
| Current assets | 24 t€ | 32 t€ | 68 t€ |
| Assets | 184 t€ | 218 t€ | 476 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | -314 t€ | -349 t€ | 2 744 € |
| Long-term liabilities | 429 t€ | 405 t€ | 96 t€ |
| Short-term liabilities | 70 t€ | 162 t€ | 378 t€ |
| Liabilities | 498 t€ | 567 t€ | 474 t€ |
| Long-term liabilities to credit institutions | 54 t€ | 87 t€ | 46 t€ |
| Other current liabilities | 11 t€ | 102 t€ | 79 t€ |
| Wages and salaries | -54 t€ | -72 t€ | -34 t€ |
| Short-term advances received | 0 € | 5 000 € | 0 € |
| Income from shares in Group companies | – | 0 € | 25 t€ |
| Pension expenses | -8 568 € | -15 t€ | -7 351 € |
| Short-term liabilities to Group companies | – | 0 € | 232 t€ |
| Intangible assets | – | 0 € | 31 t€ |
| Tangible assets | 59 t€ | 86 t€ | 47 t€ |
| Intangible rights | – | 0 € | 31 t€ |
| Shares and similar rights of ownership in subsidiaries | 95 t€ | 95 t€ | 324 t€ |
| Depreciations according to plan | -26 t€ | -29 t€ | -16 t€ |
| Liabilities | 184 t€ | 218 t€ | 476 t€ |
| Other short-term receivables | 4 412 € | 2 814 € | 1 216 € |
| Current receivables from Group companies | – | 0 € | 55 t€ |
| Investments | 101 t€ | 101 t€ | 329 t€ |
| Other social security expenses | -1 694 € | -2 832 € | -1 276 € |
| Materials and supplies | 5 820 € | 5 820 € | 5 820 € |
| Long-term liabilities to Group companies | 87 t€ | 190 t€ | 0 € |
| Group contribution | – | 0 € | 8 782 € |
| Reserve for invested non-restricted equity | 60 t€ | 0 € | – |
| Profit (loss) for the period, equity | -25 t€ | -352 t€ | 428 € |
| Impairment on non-current assets | 6 190 € | 0 € | – |
| Other long-term liabilities | 287 t€ | 127 t€ | 50 t€ |
| Services purchased | -27 t€ | -28 t€ | -5 373 € |
| Retained earnings | -357 t€ | -5 666 € | -6 094 € |
| Short-term liabilities to credit institutions | 41 t€ | 40 t€ | -9 638 € |
| Purchases during the financial year | -29 t€ | -36 t€ | -20 t€ |
| Exceptional impairments of current assets | 0 € | -31 t€ | 0 € |
| Impairment on investments for non-current assets | 0 € | -284 t€ | 0 € |
| Short-term prepayments and accrued income | 150 € | 1 377 € | 1 781 € |
| Other interest and financial income from non-group companies | 1 € | 9 525 € | 0 € |
| Other shares and similar rights of ownership | 5 791 € | 5 791 € | 5 791 € |
| Short-term accrued expenses and deferred income | 7 657 € | 5 978 € | 4 046 € |
| Short-term sales receivables | 13 t€ | 20 t€ | 634 € |
| Short-term receivables | 17 t€ | 24 t€ | 59 t€ |
| Interest expenses and other financial expenses for non-Group companies | -9 182 € | -9 425 € | -14 t€ |
| Machinery and equipment | 59 t€ | 86 t€ | 47 t€ |
| Short-term accounts payable | 9 986 € | 9 385 € | 72 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
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.
Trade Register events
- Bankruptcy
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