Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
L&M Engineering Oy
L&M Engineering Oy was declared bankrupt 2019-09-13. In its latest retained statement for 2023-12-31, revenue was €5,866 and operating profit was €13,129.
Business ID 1440333-7BANKRUPTCYUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1440333-7
- Sector
- Construction of residential and non-residential buildings
- Municipality
- Tampere
- Company form
- Limited company
- Registration date
- 1997-12-22
- Business ID registration date
- 1998-01-15
- Business status
- BANKRUPTCY
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Teollisuustie 28, 33330, Tampere
About L&M Engineering Oy
Financial position and key figures for the company.
L&M Engineering Oy was declared bankrupt 2019-09-13. In its latest retained statement for 2023-12-31, revenue was €5,866 and operating profit was €13,129. The latest retained financial statement for 2023-12-31 shows revenue of €5,866 and profit for the financial year of €13,129. Based on the latest retained statement, revenue growth was -33.7%, operating margin was +223.8%, and equity ratio was +68.0%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2023-12-31
1
1
PRH/XBRL financial statement
Derived indicators
Revenue growth-33.7%
Operating margin223.8%
Equity ratio68.0%
Balance-sheet contextLatest financial period
Other operating income€11,778Previous: €0
Cash and bank€0Previous: €51
Retained earnings€93,086Previous: €95,384
Equity€108,737Previous: €95,609
Liabilities€51,268Previous: €63,082
Current assets€39,336Previous: €37,871
Current liabilities€51,268Previous: €63,082
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioGood
85/100 · Improving
Current ratioWeak
0/100 · Stable
Operating profit marginGood
100/100 · Improving
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID1440333-7
VAT IDFI14403337
EU IDFIFPRO.1440333-7
MunicipalityTampere
Current registered entries
1997-12-22Registered in Patent and Registration Office (Trade Register)
1998-01-15Registered in Tax Administration (Tax Administration)
2017-03-01VAT-liable for business activity in Tax Administration (VAT Register)
2019-10-04Registered in Tax Administration (Prepayment Register)
Risk certificate
An open-data based company stability and risk signal.
BUSINESS.fi
BUSINESS.fi Luottoluokitus
Profile-specific risk signal based on open data
Automatic gradeNot a credit decision
D
High riskL&M Engineering Oy
Grade unchangedD · new analysis 2026-09-20
29/100
Low
Usable financial evidenceFinancial data included
Same size nationallyDescriptive comparison – does not change the model score.
164 peersSolvency57%
Better than 57% of peers
Profitability95%
Better than 95% of peers
Liquidity13%
Below 87% of peers
Limited evidenceBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
1 observed filings61 days after period end
61 days after period end
1 consecutive periods
Supporting factors
- Strong equity ratio
- Strong operating profitability
- A newer financial statement filing has been reported
Risk factors to note
- Parsed financial metrics are older than the newest reported filing
- Weak current ratio
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsD
2026-09-20 11:1429/100 · v0.14
D → D- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2023-12-31).
- Assessment confidence: Medium → Low.
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
D
2026-09-1429/100 · v0.14
D → DD
2026-09-1429/100 · v0.13
D → D- Assessment confidence: Low → Medium.
- Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
- New risk factor: Sufficient structured financial metrics are not available.
D
2026-09-1329/100 · v0.12
Oldest retained automatic assessment in this comparisonD
2026-09-20
open-risk-grade-v0.14
The grade is reduced because of a critical legal status such as bankruptcy or liquidation.
A serious registry signal affects this grade. Review the profile registry and notification details as well.
Risk context
When sufficient source-backed financial metrics are not available for a Tier 1 assessment, BUSINESS.fi shows registry, industry, and regional context.
Industry riskhigh
25/100
Industry context is high based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 28 years of registry continuity.
Registry and status signalsHälyttävä
0/100
Bankruptcy or liquidation status is treated as a critical legal distress signal.
Events & news
Verified events and sourced external company news in one timeline.
Registry timeline
Trade register notifications shown on a timeline.
17 register eventsLatest event: 2026-02-26
Financial statements availability
Available financial statement periods and PRH source filings.
1 financial statement periodsLatest financial period: 2023-12-31
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2025-12-31.
This company profile has not been claimed yet
L&M Engineering Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.