Meoline Oy is a limited company based in Kajaani, registered in 2015. In the financial year ending 31.12.2025, operating profit 18 t€; equity ratio 88.4 %. Public buyers bought 5 662 € from it in 2024–2026; the largest buyer is Luonnonvarakeskus (Maa- ja metsätalousministeriön hallinnonala).
Gross profit 202536 t€+48 % on the previous year
Operating profit18 t€
Net profit19 t€EBITDA 18 t€
Equity ratio88,4 %quick ratio 8,63
Taxable income 20240 €
profit as taxed
Income taxes 20240 €0 € in 2020–2024
In business11 yrsregistered 12.10.2015
Sales to public buyers5 662 €2024–2026
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | – | 23 t€ | 44 t€ |
| Revenue change | 48,4 % | -18,3 % | 9,6 % | 6,9 % | -47,5 % | – |
| Gross profit | 36 t€ | 24 t€ | 29 t€ | 27 t€ | 25 t€ | – |
| EBITDA | 18 t€ | 9 196 € | 12 t€ | 7 278 € | -591 € | -4 508 € |
| EBITDA % | – | – | – | – | -2,5 % | -10,2 % |
| Operating profit | 18 t€ | 9 196 € | 12 t€ | 7 278 € | -591 € | -4 508 € |
| Operating margin | – | – | – | – | -2,5 % | -10,2 % |
| Net profit | 19 t€ | 9 185 € | 12 t€ | 7 278 € | -590 € | -4 573 € |
| Personnel costs | -5 200 € | 5 448 € | 5 774 € | 10 t€ | 15 t€ | 42 t€ |
| Equity ratio | 88,4 % | 90,5 % | 84,0 % | 68,6 % | 79,5 % | 60,6 % |
| Quick ratio | 8,63 | 10,51 | 6,24 | 3,19 | 4,87 | 2,54 |
| Current ratio | 8,63 | 10,51 | 6,24 | 3,19 | 4,87 | 2,54 |
| Debt to revenue | – | – | – | – | 11,3 % | 15,9 % |
| Return on equity | 32,5 % | 23,8 % | 40,7 % | 41,7 % | -5,8 % | -42,5 % |
| Balance sheet total | 65 t€ | 43 t€ | 35 t€ | 25 t€ | 13 t€ | 18 t€ |
| Equity | 57 t€ | 39 t€ | 29 t€ | 17 t€ | 10 t€ | 11 t€ |
| Cash and bank | 64 t€ | 36 t€ | 25 t€ | 25 t€ | 10 t€ | 17 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | – | – | – | – | 23 t€ | 44 t€ |
| Gross profit or loss | 36 t€ | 24 t€ | 29 t€ | 27 t€ | 25 t€ | – |
| Other operating income | – | – | – | – | 1 846 € | 12 t€ |
| Raw materials and services | – | – | – | – | -63 € | -376 € |
| Personnel expenses | 5 200 € | -5 448 € | -5 774 € | -10 t€ | -15 t€ | -42 t€ |
| Other operating expenses | 12 t€ | -9 284 € | -12 t€ | -9 276 € | -11 t€ | -18 t€ |
| Operating profit (loss) | 18 t€ | 9 196 € | 12 t€ | 7 278 € | -591 € | -4 508 € |
| Financial income and expenses + (-) | -156 € | -11 € | -40 € | 0 € | 0 € | -65 € |
| Profit (loss) before appropriations and taxes | 19 t€ | 9 185 € | 12 t€ | 7 278 € | -590 € | -4 573 € |
| Profit (loss) for the financial year | 19 t€ | 9 185 € | 12 t€ | 7 278 € | -590 € | -4 573 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Receivables | 164 € | 6 247 € | 10 t€ | 242 € | 2 600 € | 894 € |
| Cash in hand and at banks | 64 t€ | 36 t€ | 25 t€ | 25 t€ | 10 t€ | 17 t€ |
| Current assets | 65 t€ | 43 t€ | 35 t€ | 25 t€ | 13 t€ | 18 t€ |
| Assets | 65 t€ | 43 t€ | 35 t€ | 25 t€ | 13 t€ | 18 t€ |
| Share capital or other similar capital | 3 000 € | 3 000 € | 3 000 € | 3 000 € | 3 000 € | 3 000 € |
| Capital and reserves | 57 t€ | 39 t€ | 29 t€ | 17 t€ | 10 t€ | 11 t€ |
| Short-term liabilities | 7 486 € | 4 056 € | 5 608 € | 7 976 € | 2 626 € | 7 010 € |
| Liabilities | 7 486 € | 4 056 € | 5 608 € | 7 976 € | 2 626 € | 7 010 € |
All financial statement items (36)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | – | – | – | – | 23 t€ | 44 t€ |
| Gross profit or loss | 36 t€ | 24 t€ | 29 t€ | 27 t€ | 25 t€ | – |
| Other operating income | – | – | – | – | 1 846 € | 12 t€ |
| Raw materials and services | – | – | – | – | -63 € | -376 € |
| Personnel expenses | 5 200 € | -5 448 € | -5 774 € | -10 t€ | -15 t€ | -42 t€ |
| Other operating expenses | 12 t€ | -9 284 € | -12 t€ | -9 276 € | -11 t€ | -18 t€ |
| Operating profit (loss) | 18 t€ | 9 196 € | 12 t€ | 7 278 € | -591 € | -4 508 € |
| Financial income and expenses + (-) | -156 € | -11 € | -40 € | 0 € | 0 € | -65 € |
| Profit (loss) before appropriations and taxes | 19 t€ | 9 185 € | 12 t€ | 7 278 € | -590 € | -4 573 € |
| Profit (loss) for the financial year | 19 t€ | 9 185 € | 12 t€ | 7 278 € | -590 € | -4 573 € |
| Receivables | 164 € | 6 247 € | 10 t€ | 242 € | 2 600 € | 894 € |
| Cash in hand and at banks | 64 t€ | 36 t€ | 25 t€ | 25 t€ | 10 t€ | 17 t€ |
| Current assets | 65 t€ | 43 t€ | 35 t€ | 25 t€ | 13 t€ | 18 t€ |
| Assets | 65 t€ | 43 t€ | 35 t€ | 25 t€ | 13 t€ | 18 t€ |
| Share capital or other similar capital | 3 000 € | 3 000 € | 3 000 € | 3 000 € | 3 000 € | 3 000 € |
| Capital and reserves | 57 t€ | 39 t€ | 29 t€ | 17 t€ | 10 t€ | 11 t€ |
| Short-term liabilities | 7 486 € | 4 056 € | 5 608 € | 7 976 € | 2 626 € | 7 010 € |
| Liabilities | 7 486 € | 4 056 € | 5 608 € | 7 976 € | 2 626 € | 7 010 € |
| Purchases during the financial year | – | – | – | – | -119 € | -379 € |
| Short-term receivables | 164 € | 6 247 € | 10 t€ | 242 € | 2 600 € | 894 € |
| Other short-term receivables | 0 € | 13 € | 0 € | 0 € | 2 375 € | 397 € |
| Profit (loss) for the period, equity | 19 t€ | 9 185 € | 12 t€ | 7 278 € | -590 € | -4 573 € |
| Short-term accrued expenses and deferred income | – | 0 € | 1 127 € | 1 127 € | 889 € | 4 955 € |
| Interest expenses and other financial expenses for non-Group companies | 0 € | -12 € | -40 € | 0 € | -1 € | -65 € |
| Other social security expenses | 135 € | -168 € | -616 € | -322 € | -434 € | -1 080 € |
| Short-term sales receivables | 0 € | 6 234 € | 9 808 € | 0 € | – | – |
| Reserve for invested non-restricted equity | 55 t€ | 55 t€ | 55 t€ | 55 t€ | 55 t€ | 55 t€ |
| Other current liabilities | 7 409 € | 1 935 € | 2 222 € | 4 803 € | 0 € | 1 826 € |
| Short-term accounts payable | 77 € | 2 122 € | 2 260 € | 2 047 € | 1 737 € | 229 € |
| Retained earnings | -19 t€ | -29 t€ | -41 t€ | -48 t€ | -47 t€ | -43 t€ |
| Wages and salaries | 3 955 € | -2 993 € | -5 158 € | -9 687 € | -11 t€ | -34 t€ |
| Other interest and financial income from non-group companies | 156 € | 1 € | 0 € | 0 € | 1 € | 0 € |
| Pension expenses | 1 109 € | -2 287 € | 0 € | -161 € | -3 730 € | -7 337 € |
| Services purchased | – | – | – | – | 56 € | 3 € |
| Liabilities | 65 t€ | 43 t€ | 35 t€ | 25 t€ | 13 t€ | 18 t€ |
| Short-term prepayments and accrued income | 164 € | 0 € | 255 € | 242 € | 225 € | 497 € |
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.
Sales to public buyers
Largest buyers
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