Business profile

MG Logistics Oy

MG Logistics Oy was declared bankrupt 2025-04-25. In its latest retained statement for 2023-07-31, revenue was €435,856 and operating profit was €96,055.

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Business ID 3013660-3BANKRUPTCYUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
3013660-3
Sector
Freight transport by road
Municipality
Helsingfors
Company form
Limited company
Registration date
2019-07-23
Business ID registration date
2019-07-21
Business status
BANKRUPTCY
Profile ownership
Unclaimed company profile
Data source
Public registry data

Contact and location summary

Visiting address: Komentosilta 1, 00980, Helsingfors

Website: https://www.mglogistics.fiSource: registry data

About MG Logistics Oy

Financial position and key figures for the company.

MG Logistics Oy was declared bankrupt 2025-04-25. In its latest retained statement for 2023-07-31, revenue was €435,856 and operating profit was €96,055. The latest retained financial statement for 2023-07-31 shows revenue of €435,856 and profit for the financial year of €64,070. Based on the latest retained statement, revenue growth was -49.4%, operating margin was +22.0%, and equity ratio was +7.8%.

Financial highlights

Key figures from the latest financial period.

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Latest financial period

2023-07-31

Imported periods1
PRH parsed1
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-49.4%
Operating margin22.0%
Equity ratio7.8%
Revenue€435,856-€425,500 (-49.4%) vs previous periodPrevious: €861,356
Operating profit (loss)€96,055+€162,844 (+243.8%) vs previous periodPrevious: -€66,789
Profit (loss) for the financial year€64,070+€140,701 (+183.6%) vs previous periodPrevious: -€76,631
Assets€131,867-€43,302 (-24.7%) vs previous periodPrevious: €175,169
Balance-sheet contextLatest retained period snapshot
Other operating income€90,768Previous: €0
Cash and bank€2,273Previous: €12,439
Retained earnings-€53,745Previous: €22,886
Equity€10,325Previous: -€53,745
Liabilities€121,542Previous: €228,914
Current assets€114,218Previous: €99,704
Current liabilities€121,542Previous: €196,255

Financial ratios

Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.

Equity ratioWeak
10/100 · Improving
7.8 %2022-07-31: -30.7 %
Current ratioWeak
1/100 · Declining
0.02x2022-07-31: 0.06x
Operating profit marginGood
96/100 · Improving
18.2 %2022-07-31: -7.8 %

Registry status and identifiers

Verified registry memberships and identifiers from the latest retained YTJ snapshot.

YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID3013660-3
EU IDFIFPRO.3013660-3
MunicipalityHelsingfors
Current registered entries
2019-07-23Registered in Tax Administration (Tax Administration)
2019-07-23Registered in Patent and Registration Office (Trade 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

Financial data includedNot a credit decision
D
High riskMG Logistics Oy
Updated2026-08-24
ConfidenceLow
Score29/100

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 open digital financial statements are unavailable, BUSINESS.fi shows registry, industry, and regional context.

Industry riskelevated
32/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 7 years of registry continuity.

Registry and status signalsHälyttävä
0/100

Bankruptcy or liquidation status is treated as a critical legal distress signal.

Registry timeline

Trade register notifications shown on a timeline.

15 register eventsLatest event: 2025-04-25

Financial statements availability

Available statement periods and links into the retained/parsible financial statement surfaces. Use the latest statement page for deeper line-item detail.

1 financial statement periodsLatest financial period: 2023-07-31

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

MG Logistics Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.