Osuuskunta Meän piuha is a cooperative based in Kolari, registered in 2013. In the financial year ending 31.12.2024, revenue was 22 t€ and operating profit -3 021 €; equity ratio 97.9 %.
Financials
| Key figures | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|
| Revenue | 22 t€ | 16 t€ | 4 653 € |
| Revenue change | 37,2 % | 247,8 % | – |
| EBITDA | 1 426 € | 8 784 € | 856 € |
| EBITDA % | 6,4 % | 54,3 % | 18,4 % |
| Operating profit | -3 021 € | 6 136 € | 856 € |
| Operating margin | -13,6 % | 37,9 % | 18,4 % |
| Net profit | -2 998 € | 6 025 € | 856 € |
| Personnel costs | 4 000 € | 0 € | – |
| Equity ratio | 97,9 % | 98,5 % | 98,7 % |
| Quick ratio | 6,08 | 13,05 | 9,81 |
| Current ratio | 6,08 | 13,05 | 9,81 |
| Debt to revenue | 7,4 % | 7,7 % | 21,9 % |
| Return on equity | -4,0 % | 7,4 % | 1,1 % |
| Balance sheet total | 76 t€ | 82 t€ | 76 t€ |
| Equity | 75 t€ | 81 t€ | 75 t€ |
| Cash and bank | 9 358 € | 5 988 € | 9 859 € |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Turnover | 22 t€ | 16 t€ | 4 653 € |
| Other operating income | 2 291 € | 147 € | – |
| Raw materials and services | -15 t€ | -7 147 € | -1 111 € |
| Personnel expenses | -4 000 € | 0 € | – |
| Depreciations and reductions in value | -4 447 € | -2 648 € | – |
| Other operating expenses | -4 331 € | -2 899 € | -2 686 € |
| Operating profit (loss) | -3 021 € | 6 136 € | 856 € |
| Financial income and expenses + (-) | 24 € | 1 € | – |
| Profit (loss) before appropriations and taxes | -2 998 € | 6 136 € | 856 € |
| Income taxes | – | -111 € | 0 € |
| Profit (loss) for the financial year | -2 998 € | 6 025 € | 856 € |
Balance sheet
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Non-current assets | 66 t€ | 66 t€ | 66 t€ |
| Receivables | 572 € | 10 t€ | 122 € |
| Cash in hand and at banks | 9 358 € | 5 988 € | 9 859 € |
| Current assets | 9 930 € | 16 t€ | 9 981 € |
| Assets | 76 t€ | 82 t€ | 76 t€ |
| Capital and reserves | 75 t€ | 81 t€ | 75 t€ |
| Short-term liabilities | 1 634 € | 1 244 € | 1 018 € |
| Liabilities | 1 634 € | 1 244 € | 1 018 € |
All financial statement items (39)
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Turnover | 22 t€ | 16 t€ | 4 653 € |
| Other operating income | 2 291 € | 147 € | – |
| Raw materials and services | -15 t€ | -7 147 € | -1 111 € |
| Personnel expenses | -4 000 € | 0 € | – |
| Depreciations and reductions in value | -4 447 € | -2 648 € | – |
| Other operating expenses | -4 331 € | -2 899 € | -2 686 € |
| Operating profit (loss) | -3 021 € | 6 136 € | 856 € |
| Financial income and expenses + (-) | 24 € | 1 € | – |
| Profit (loss) before appropriations and taxes | -2 998 € | 6 136 € | 856 € |
| Income taxes | – | -111 € | 0 € |
| Profit (loss) for the financial year | -2 998 € | 6 025 € | 856 € |
| Non-current assets | 66 t€ | 66 t€ | 66 t€ |
| Receivables | 572 € | 10 t€ | 122 € |
| Cash in hand and at banks | 9 358 € | 5 988 € | 9 859 € |
| Current assets | 9 930 € | 16 t€ | 9 981 € |
| Assets | 76 t€ | 82 t€ | 76 t€ |
| Capital and reserves | 75 t€ | 81 t€ | 75 t€ |
| Short-term liabilities | 1 634 € | 1 244 € | 1 018 € |
| Liabilities | 1 634 € | 1 244 € | 1 018 € |
| Depreciations according to plan | -4 447 € | -2 648 € | – |
| Tangible assets | 5 396 € | 0 € | – |
| Retained earnings | -23 t€ | -25 t€ | -26 t€ |
| Short-term receivables | 572 € | 10 t€ | 122 € |
| Other current liabilities | 0 € | 296 € | 649 € |
| Short-term sales receivables | 237 € | 10 t€ | 60 € |
| Short-term prepayments and accrued income | – | 0 € | 62 € |
| Other interest and financial income from non-group companies | 30 € | 1 € | – |
| Interest expenses and other financial expenses for non-Group companies | -6 € | 0 € | – |
| Short-term accounts payable | 1 263 € | 948 € | 369 € |
| Other intangible assets | 61 t€ | 66 t€ | 66 t€ |
| Short-term accrued expenses and deferred income | 371 € | 0 € | – |
| Intangible assets | 61 t€ | 66 t€ | 66 t€ |
| Profit (loss) for the period, equity | -2 998 € | 6 025 € | 856 € |
| Purchases during the financial year | -4 278 € | -14 € | 0 € |
| Other short-term receivables | 336 € | 0 € | – |
| Services purchased | -10 t€ | -7 133 € | -1 111 € |
| Wages and salaries | -4 000 € | 0 € | – |
| Liabilities | 76 t€ | 82 t€ | 76 t€ |
| Machinery and equipment | 5 396 € | 0 € | – |
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.
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