Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.Business profile
Merineule Oy
Merineule Oy's registered office is Kustavi. It is a limited company. The company was established on 1983-01-20. It operates in the industry of manufacture of knitted and crocheted apparel. In its latest retained statement for 2025-02-28, revenue was €164,728 and operating profit was -€19,275.
Business ID 0502886-2ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 0502886-2
- Sector
- Manufacture of knitted and crocheted apparel
- Municipality
- Kustavi
- Company form
- Limited company
- Registration date
- 1983-01-20
- Business ID registration date
- 1983-03-16
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Kivimaantie 24 B, 23360, Kustavi
Website: https://www.merineule.fiSource observation
About Merineule Oy
Financial position and key figures for the company.
Merineule Oy's location municipality is Kustavi. It is a limited company. The company was established on 1983-01-20. It operates in the industry of manufacture of knitted and crocheted apparel. In its latest retained statement for 2025-02-28, revenue was €164,728 and operating profit was -€19,275. The latest retained financial statement for 2025-02-28 shows revenue of €164,728 and profit for the financial year of -€20,713. Based on the latest retained statement, revenue growth was +1.3%, operating margin was -11.7%, and equity ratio was +47.8%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-02-28
5
2
PRH/XBRL financial statement
Derived indicators
Revenue growth1.3%
Operating margin-11.7%
Equity ratio47.8%
Balance-sheet contextLatest financial period
Other operating income€0Previous: €1,266
Inventory€85,123Previous: €96,092
Cash and bank€1,172Previous: €1,154
Retained earnings€48,093Previous: €54,906
Equity€44,199Previous: €64,912
Liabilities€48,277Previous: €44,076
Current assets€90,005Previous: €106,750
Current liabilities€27,063Previous: €24,783
Revenue trend2 periods
€162,592
2024-02-29
€164,728
2025-02-28
Operating profit (loss) trend2 periods
-€5,509
2024-02-29
-€19,275
2025-02-28
Profit (loss) for the financial year trend2 periods
-€6,813
2024-02-29
-€20,713
2025-02-28
Assets trend2 periods
€108,988
2024-02-29
€92,476
2025-02-28
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioSatisfactory
60/100 · Declining
Current ratioGood
100/100 · Declining
Operating profit marginWeak
21/100 · Declining
Ratio history
| Ratio | 2024-02-29 | 2025-02-28 |
|---|---|---|
| Equity ratio | 59.6 % | 47.8 % |
| Current ratio | 3.92x | 3.19x |
| Operating profit margin | -3.4 % | -11.7 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID0502886-2
VAT IDFI05028862
EU IDFIFPRO.0502886-2
MunicipalityKustavi
Current registered entries
1983-01-20Registered in Patent and Registration Office (Trade Register)
1983-03-01Registered in Tax Administration (Employer Register)
1983-03-16Registered in Tax Administration (Tax Administration)
1994-06-01VAT-liable for business activity in Tax Administration (VAT Register)
1995-03-01Registered 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
A3
GoodMerineule Oy
Grade upgradedB1 → A3 · new analysis 2026-10-17
70/100
High
Strong financial evidenceFinancial data included
Same size nationallyDescriptive comparison – does not change the model score.
3303 peersSolvency48%
Close to the peer-group midpoint
Profitability7%
Below 93% of peers
Liquidity84%
Better than 84% of peers
Revenue growth61%
Better than 61% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings217 days after period end
214 days after period end
4 consecutive periods
Supporting factors
- Strong equity ratio
- Healthy short-term liquidity
- Active registered status
Risk factors to note
- Negative profitability or net result
- Losses in the latest and previous available periods
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsA3
2026-10-1770/100 · v0.15
B1 → A3 · +3 points- Risk factor cleared: Coordinated deterioration across 3 financial domains.
B1
2026-09-19 21:0167/100 · v0.14
A3 → B1 · -5 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-02-28).
- Assessment confidence: Medium → High.
- Evidence quality: Registry and statistical evidence → Strong financial evidence.
A3
2026-09-1472/100 · v0.14
A3 → A3A3
2026-09-1472/100 · v0.13
Oldest retained automatic assessment in this comparisonA3
2026-10-17
open-risk-grade-v0.15
The grade can use open digital financial statement data together with registry signals.
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 risklow
75/100
Industry context is low based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 43 years of registry continuity.
Registry and status signalsVakaa
88/100
Registry history, filing recency, and active register markings are still limited or mixed.
Events & news
Verified events and sourced external company news in one timeline.
Financial statements registeredFinancialEvidence verified
3 Oct 2026 · PRH / KREKFINANCIAL STATEMENTSRisk grade updatedRisk gradeEvidence verified
19 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3 → B1.Financial statements registeredFinancialEvidence verified
17 Sept 2026 · PRH / KREKFINANCIAL STATEMENTSRisk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.Financial statement availableFinancialEvidence verified
28 Feb 2026 · PRH / XBRLFinancial period ends 2026-02-28.Registry timeline
Trade register notifications shown on a timeline.
19 register eventsLatest event: 2026-10-03
Financial statements availability
Available financial statement periods and PRH source filings.
5 financial statement periodsLatest financial period: 2026-02-28
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-01-05.
This company profile has not been claimed yet
Merineule Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.