PANAVIATIC AS

Registry code 11256731 · Active (R Registrisse kantud)

PANAVIATIC AS is an aktsiaselts registered in Tallinn, Estonia, incorporated on 24 May 2006. Its registered activity is sõitjate õhutransport. Its latest published accounts for the period ending 31 Dec 2024 show equity of €161k, total assets of €2.1m, turnover of €9.5m, a result of −€6,556. It has filed 6 sets of accounts, 6 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

0.51 %
Very high risk
Lowest riskHighest risk

Higher than 97 % of active companies in Estonia. 11.8× the average annual insolvency rate (0.04 %).

Raises the risk

Industry24.5×51 · 1.06 % became insolvent
Legal form9.2×Aktsiaselts · 0.40 % became insolvent
Turnover (log)7.0×≥ 5.4665 · 0.30 % became insolvent
Total assets (log)5.7×≥ 5.65704 · 0.25 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Current ratio3.9×0.426882–1.11575 · 0.17 % became insolvent

Lowers the risk

Accounts filed0.3×6–7 · 0.01 % became insolvent
Turnover growth0.8×-2.01156e-05–0.31442 · 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
11256731 · official register
Status
R Registrisse kantud
Legal form
Aktsiaselts
Incorporated
24 May 2006 (20 years)
Registered address
11101 Tallinn
County
Harju County
Activity
51101 Sõitjate õhutransport
Industry
Air transport
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 20249 Oct 2025€9.5m −€6,556€161k€2.1m €2.0m€433k18
31 Dec 202330 Aug 2024€9.2m €13k€168k€1.6m €1.5m€270k18
31 Dec 202217 Nov 2023€11.0m −€113k€155k€2.5m €2.3m€276k18
31 Dec 202116 Feb 2023€18.6m €6,360€267k€3.9m €3.6m€621k18
31 Dec 20208 Jan 2023€11.2m €8,380€261k€3.1m €2.8m€37k20
31 Dec 201914 Feb 2022€11.0m €5,608€253k€3.0m €2.7m€23k21

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

Similar companies in Harju County

Questions about PANAVIATIC AS

What is the registry code of PANAVIATIC AS?

PANAVIATIC AS is registered under registry code 11256731 in the official register of Estonia. View it at the official register.

Is PANAVIATIC AS still active?

Yes. PANAVIATIC AS is registered as active (status: R Registrisse kantud).

Has PANAVIATIC AS gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PANAVIATIC AS in the official data.

How likely is PANAVIATIC AS to become insolvent?

Our model estimates a 0.51 % probability that PANAVIATIC AS becomes insolvent within the next 12 months (very high risk). That is higher than 97 % of active companies in Estonia.

When was PANAVIATIC AS founded?

PANAVIATIC AS was incorporated on 24 May 2006.

Where is PANAVIATIC AS registered?

PANAVIATIC AS's registered address is in 11101 Tallinn (Harju County), Estonia.

What do the latest accounts of PANAVIATIC AS show?

The latest published accounts (period ending 31 Dec 2024) show equity of €161k, total assets of €2.1m, turnover of €9.5m, a result of −€6,556, 18 employees.

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