OÜ INITEC

Registry code 10979083 · Active (R Registrisse kantud)

OÜ INITEC is an osaühing registered in Tallinn, Estonia, incorporated on 21 Oct 2003. Its registered activity is arvutite, arvuti välisseadmete ja tarkvara jaemüük. Its latest published accounts for the period ending 31 Dec 2024 show equity of €317k, total assets of €442k, turnover of €785k, a result of −€140k. It has filed 6 sets of accounts, 6 of them after the deadline. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.7 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 87 % of active companies in Estonia. 0.7× the average annual insolvency rate (0.04 %).

Raises the risk

Turnover (log)7.0×≥ 5.4665 · 0.30 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Filing delay of last accounts (days)3.8×≥ 229 · 0.16 % became insolvent
Days since last period end3.5×≥ 598 · 0.15 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Equity (signed log)3.0×≥ 5.46198 · 0.13 % became insolvent

Lowers the risk

Accounts filed0.3×6–7 · 0.01 % became insolvent
Cash ÷ assets0.4×0.37634–0.901325 · 0.02 % became insolvent
Current ratio0.7×2.76653–10 · 0.03 % became insolvent
Equity ratio0.9×0.449429–0.865495 · 0.04 % became insolvent

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
10979083 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
21 Oct 2003 (23 years)
Registered address
12915 Tallinn
County
Harju County
Activity
47401 Arvutite, arvuti välisseadmete ja tarkvara jaemüük
Industry
Retail trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 20247 Nov 2025€785k −€140k€317k€442k €125k€234k5
31 Dec 202330 Nov 2024€858k €37k€457k€630k €173k€247k5
31 Dec 202226 Mar 2024€668k €19k€421k€528k €108k€266k5
31 Dec 202129 Jan 2024€668k €30k€401k€520k €119k€278k5
31 Dec 20201 Oct 2023€630k €53k€371k€513k €142k€276k5
31 Dec 201927 May 2022€647k €59k€319k€439k €120k€277k4

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Harju County

Questions about OÜ INITEC

What is the registry code of OÜ INITEC?

OÜ INITEC is registered under registry code 10979083 in the official register of Estonia. View it at the official register.

Is OÜ INITEC still active?

Yes. OÜ INITEC is registered as active (status: R Registrisse kantud).

Has OÜ INITEC gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for OÜ INITEC in the official data.

How likely is OÜ INITEC to become insolvent?

Our model estimates a 0.03 % probability that OÜ INITEC becomes insolvent within the next 12 months (low risk). That is higher than 87 % of active companies in Estonia.

When was OÜ INITEC founded?

OÜ INITEC was incorporated on 21 Oct 2003.

Where is OÜ INITEC registered?

OÜ INITEC's registered address is in 12915 Tallinn (Harju County), Estonia.

What do the latest accounts of OÜ INITEC show?

The latest published accounts (period ending 31 Dec 2024) show equity of €317k, total assets of €442k, turnover of €785k, a result of −€140k, 5 employees.

Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 6 Nov 2026.