ZM Group Oy is a limited company based in Vantaa, registered in 2021. The company has been in bankruptcy since 15.1.2025. In the financial year ending 31.12.2023, revenue was 306 t€ and operating profit -11 t€; equity ratio -102.0 %. Its taxable income in 2024 was 10 t€ and its income taxes 2 500 €.
Revenue 2023306 t€+2 % on the previous year
Operating profit-11 t€-3,5 % of revenue
Net profit-17 t€EBITDA -1 481 €
Equity ratio-102,0 %quick ratio 0,27
Taxable income 202410 t€
lower half of its industry
Income taxes 20242 500 €4 118 € in 2021–2024
In business5 yrsregistered 6.5.2021
StatusIn bankruptcysince 15.1.2025
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Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|
| Revenue | 306 t€ | 300 t€ | 130 t€ |
| Revenue change | 2,2 % | 130,4 % | – |
| EBITDA | -1 481 € | -49 t€ | 18 t€ |
| EBITDA % | -0,5 % | -16,3 % | 14,1 % |
| Operating profit | -11 t€ | -68 t€ | 8 095 € |
| Operating margin | -3,5 % | -22,8 % | 6,2 % |
| Net profit | -17 t€ | -71 t€ | 6 472 € |
| Personnel costs | 211 t€ | 252 t€ | 62 t€ |
| Equity ratio | -102,0 % | -72,9 % | 8,7 % |
| Quick ratio | 0,27 | 0,30 | 0,94 |
| Current ratio | 0,27 | 0,30 | 0,94 |
| Debt to revenue | 32,9 % | 51,3 % | 52,5 % |
| Return on equity | – | – | 100,0 % |
| Balance sheet total | 50 t€ | 89 t€ | 75 t€ |
| Equity | -51 t€ | -65 t€ | 6 472 € |
| Cash and bank | 1 069 € | 9 979 € | 13 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|
| Turnover | 306 t€ | 300 t€ | 130 t€ |
| Other operating income | 4 773 € | 5 425 € | 53 € |
| Raw materials and services | -39 t€ | -30 t€ | -18 t€ |
| Personnel expenses | -211 t€ | -252 t€ | -62 t€ |
| Depreciations and reductions in value | -9 259 € | -20 t€ | -10 t€ |
| Other operating expenses | -63 t€ | -72 t€ | -31 t€ |
| Operating profit (loss) | -11 t€ | -68 t€ | 8 095 € |
| Financial income and expenses + (-) | -5 864 € | -2 837 € | -5 € |
| Profit (loss) before appropriations and taxes | -17 t€ | -71 t€ | 8 090 € |
| Income taxes | – | 0 € | -1 618 € |
| Profit (loss) for the financial year | -17 t€ | -71 t€ | 6 472 € |
Balance sheet
| 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|
| Non-current assets | 28 t€ | 55 t€ | 31 t€ |
| Receivables | 21 t€ | 23 t€ | 31 t€ |
| Cash in hand and at banks | 1 069 € | 9 979 € | 13 t€ |
| Current assets | 22 t€ | 33 t€ | 44 t€ |
| Assets | 50 t€ | 89 t€ | 75 t€ |
| Capital and reserves | -51 t€ | -65 t€ | 6 472 € |
| Long-term liabilities | 17 t€ | 43 t€ | 21 t€ |
| Short-term liabilities | 83 t€ | 111 t€ | 47 t€ |
| Liabilities | 101 t€ | 154 t€ | 68 t€ |
All financial statement items (43)
| 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|
| Turnover | 306 t€ | 300 t€ | 130 t€ |
| Other operating income | 4 773 € | 5 425 € | 53 € |
| Raw materials and services | -39 t€ | -30 t€ | -18 t€ |
| Personnel expenses | -211 t€ | -252 t€ | -62 t€ |
| Depreciations and reductions in value | -9 259 € | -20 t€ | -10 t€ |
| Other operating expenses | -63 t€ | -72 t€ | -31 t€ |
| Operating profit (loss) | -11 t€ | -68 t€ | 8 095 € |
| Financial income and expenses + (-) | -5 864 € | -2 837 € | -5 € |
| Profit (loss) before appropriations and taxes | -17 t€ | -71 t€ | 8 090 € |
| Income taxes | – | 0 € | -1 618 € |
| Profit (loss) for the financial year | -17 t€ | -71 t€ | 6 472 € |
| Non-current assets | 28 t€ | 55 t€ | 31 t€ |
| Receivables | 21 t€ | 23 t€ | 31 t€ |
| Cash in hand and at banks | 1 069 € | 9 979 € | 13 t€ |
| Current assets | 22 t€ | 33 t€ | 44 t€ |
| Assets | 50 t€ | 89 t€ | 75 t€ |
| Capital and reserves | -51 t€ | -65 t€ | 6 472 € |
| Long-term liabilities | 17 t€ | 43 t€ | 21 t€ |
| Short-term liabilities | 83 t€ | 111 t€ | 47 t€ |
| Liabilities | 101 t€ | 154 t€ | 68 t€ |
| Other short-term receivables | 5 825 € | 14 t€ | 13 t€ |
| Other current liabilities | 28 t€ | 22 t€ | 10 t€ |
| Retained earnings | -65 t€ | 6 472 € | 0 € |
| Short-term prepayments and accrued income | 2 387 € | 1 078 € | 1 409 € |
| Short-term accounts payable | 32 t€ | 57 t€ | 19 t€ |
| Short-term sales receivables | 11 t€ | 6 894 € | 15 t€ |
| Reserve for invested non-restricted equity | 30 t€ | 0 € | – |
| Purchases during the financial year | -36 t€ | -25 t€ | -13 t€ |
| Profit (loss) for the period, equity | -17 t€ | -71 t€ | 6 472 € |
| Short-term receivables | 21 t€ | 23 t€ | 31 t€ |
| Interest expenses and other financial expenses for non-Group companies | -5 866 € | -2 841 € | -5 € |
| Tangible assets | 28 t€ | 55 t€ | 31 t€ |
| Wages and salaries | -181 t€ | -212 t€ | -52 t€ |
| Short-term accrued expenses and deferred income | 23 t€ | 31 t€ | 17 t€ |
| Short-term loan receivables | 1 800 € | 1 250 € | 2 250 € |
| Liabilities | 50 t€ | 89 t€ | 75 t€ |
| Long-term accounts payable | 17 t€ | 43 t€ | 21 t€ |
| Other interest and financial income from non-group companies | 2 € | 4 € | 0 € |
| Other social security expenses | -5 213 € | -6 267 € | -1 978 € |
| Machinery and equipment | 28 t€ | 55 t€ | 31 t€ |
| Depreciations according to plan | -9 259 € | -20 t€ | -10 t€ |
| Services purchased | -2 811 € | -4 744 € | -4 478 € |
| Pension expenses | -25 t€ | -33 t€ | -8 501 € |
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, ZM Group Oy is in the lower half of the industry class other repair and maintenance of motor vehicles (1945 companies with taxable income; median 20 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.