Concise Systems OÜ

Registry code 11477998 · Active (R Registrisse kantud)

Concise Systems OÜ is an osaühing registered in Elva vald, Estonia, incorporated on 12 Mar 2008. Its registered activity is programmeerimine. Its latest published accounts for the period ending 31 Dec 2025 show equity of €2.6m, total assets of €4.2m, turnover of €14.5m, a result of €952k. It has filed 7 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in Estonia. 0.0× the average annual insolvency rate (0.04 %).

Raises the risk

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
Accounts type3.5×medium · 0.15 % became insolvent
Equity (signed log)3.0×≥ 5.46198 · 0.13 % became insolvent
Current ratio2.0×1.11575–2.76653 · 0.09 % became insolvent

Lowers the risk

Accounts filed0.0×≥ 7 · 0.00 % became insolvent
Cash ÷ assets0.4×0.37634–0.901325 · 0.02 % became insolvent
Industry0.5×62 · 0.02 % became insolvent
Share of filings late0.6×0–0.166667 · 0.03 % became insolvent
Filing delay of last accounts (days)0.6×145–177 · 0.03 % became insolvent
Late filings0.7×0–1 · 0.03 % 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
11477998 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
12 Mar 2008 (19 years)
Registered address
61503 Elva vald
County
Tartu County
Activity
62101 Programmeerimine
Industry
Computer programming and consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202512 Jun 2026€14.5m €952k€2.6m€4.2m €1.6m€2.1m121
31 Dec 202428 Mar 2025€14.4m €1.3m€2.2m€4.0m €1.8m€2.1m126
31 Dec 202330 Jun 2024€14.8m €2.4m€4.3m€6.5m €2.2m€2.2m118
31 Dec 202220 Jun 2023€12.1m €2.0m€2.6m€4.0m €1.4m€2.1m107
31 Dec 202129 Jun 2022€8.1m €1.2m€1.5m€2.9m €1.4m€1.4m76
31 Dec 202030 Jun 2021€5.5m €789k€797k€1.6m €794k€408k52
31 Dec 201930 Jun 2020€4.6m €253k€1.2m€1.9m €696k€6,34047

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

Similar companies in Tartu County

Questions about Concise Systems OÜ

What is the registry code of Concise Systems OÜ?

Concise Systems OÜ is registered under registry code 11477998 in the official register of Estonia. View it at the official register.

Is Concise Systems OÜ still active?

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

Has Concise Systems OÜ gone bankrupt or into insolvency?

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

How likely is Concise Systems OÜ to become insolvent?

Our model estimates a 0.00 % probability that Concise Systems OÜ becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in Estonia.

When was Concise Systems OÜ founded?

Concise Systems OÜ was incorporated on 12 Mar 2008.

Where is Concise Systems OÜ registered?

Concise Systems OÜ's registered address is in 61503 Elva vald (Tartu County), Estonia.

What do the latest accounts of Concise Systems OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €2.6m, total assets of €4.2m, turnover of €14.5m, a result of €952k, 121 employees.

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