OÜ Saare Erek
Registry code 10123057 · Active (R Registrisse kantud)
OÜ Saare Erek is an osaühing registered in Saaremaa vald, Estonia, incorporated on 4 Nov 1996. Its registered activity is kruusa- ja liivakarjääride tegevus ning savi ja kaoliini kaevandamine. Its latest published accounts for the period ending 31 Dec 2024 show equity of −€1.5m, total assets of €2.4m, turnover of €391k, a result of −€1.1m. It has filed 6 sets of accounts, 4 of them after the deadline. Our model estimates a 0.51 % probability that it becomes insolvent within 12 months, 11.8 times the average for active companies (very high risk).
Insolvency risk, next 12 months
Higher than 97 % of active companies in Estonia. 11.8× the average annual insolvency rate (0.04 %).
Raises the risk
Lowers the risk
Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.96, trained 6 Nov 2026), not a credit rating. How it works.
Company details
- Registry code
- 10123057 · official register
- Status
- R Registrisse kantud
- Legal form
- Osaühing
- Incorporated
- 4 Nov 1996 (30 years)
- Registered address
- 93815 Saaremaa vald
- County
- Saare County
- Activity
- 08121 Kruusa- ja liivakarjääride tegevus ning savi ja kaoliini kaevandamine
- Industry
- Other mining and quarrying
- Accounts overdue
- Yes
Insolvency and register events
No insolvency or liquidation events on record.
Annual accounts EUR
| Period end | Published | Turnover | Result | Equity | Total assets | Current liabilities | Cash | Employees |
|---|---|---|---|---|---|---|---|---|
| 31 Dec 2024 | 10 Jul 2025 | €391k | −€1.1m | −€1.5m | €2.4m | €3.5m | €559 | 5 |
| 31 Dec 2023 | 30 Jun 2024 | €833k | −€390k | −€484k | €3.5m | €3.4m | €0 | 21 |
| 31 Dec 2022 | 27 Mar 2024 | €2.8m | −€350k | −€94k | €3.7m | €2.9m | €38k | 31 |
| 31 Dec 2021 | 30 Jun 2022 | €3.9m | −€92k | €256k | €3.9m | €1.9m | €45k | 49 |
| 31 Dec 2020 | 26 Nov 2021 | €3.0m | −€569k | €348k | €3.8m | €1.6m | €69k | 49 |
| 31 Dec 2019 | 3 Nov 2020 | €3.3m | €62k | €916k | €4.3m | €2.6m | €49k | 73 |
As published. Small companies often file a balance sheet only, so turnover and result can be missing.
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- Saare Kaevandus OÜ Saaremaa vald
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- osaühing MV Turvas Saaremaa vald
Questions about OÜ Saare Erek
What is the registry code of OÜ Saare Erek?
OÜ Saare Erek is registered under registry code 10123057 in the official register of Estonia. View it at the official register.
Is OÜ Saare Erek still active?
Yes. OÜ Saare Erek is registered as active (status: R Registrisse kantud).
Has OÜ Saare Erek gone bankrupt or into insolvency?
No insolvency, bankruptcy or administration is recorded for OÜ Saare Erek in the official data.
How likely is OÜ Saare Erek to become insolvent?
Our model estimates a 0.51 % probability that OÜ Saare Erek becomes insolvent within the next 12 months (very high risk). That is higher than 97 % of active companies in Estonia.
When was OÜ Saare Erek founded?
OÜ Saare Erek was incorporated on 4 Nov 1996.
Where is OÜ Saare Erek registered?
OÜ Saare Erek's registered address is in 93815 Saaremaa vald (Saare County), Estonia.
What do the latest accounts of OÜ Saare Erek show?
The latest published accounts (period ending 31 Dec 2024) show equity of −€1.5m, total assets of €2.4m, turnover of €391k, a result of −€1.1m, 5 employees.
Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 6 Nov 2026.