Thermal OÜ
Registry code 11499913 · Active (R Registrisse kantud)
Thermal OÜ is an osaühing registered in Tartu linn, Estonia, incorporated on 4 Aug 2008. Its registered activity is elamute ja mitteeluhoonete ehitus. Its latest published accounts for the period ending 31 Dec 2024 show equity of €55k, total assets of €134k, turnover of €346k, a result of €1,513. It has filed 6 sets of accounts, 5 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.3 times the average for active companies (low risk).
Insolvency risk, next 12 months
Higher than 79 % of active companies in Estonia. 0.3× 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
- 11499913 · official register
- Status
- R Registrisse kantud
- Legal form
- Osaühing
- Incorporated
- 4 Aug 2008 (18 years)
- Registered address
- 50410 Tartu linn
- County
- Tartu County
- Activity
- 41001 Elamute ja mitteeluhoonete ehitus
- Industry
- Construction of buildings
- 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 | 8 Jun 2025 | €346k | €1,513 | €55k | €134k | €73k | €42k | 5 |
| 31 Dec 2023 | 31 Jul 2024 | €415k | −€3,517 | €67k | €130k | €51k | €11k | 7 |
| 31 Dec 2022 | 1 Oct 2023 | €512k | €40k | €88k | €179k | €74k | €11k | 7 |
| 31 Dec 2021 | 11 Sep 2022 | €460k | €22k | €63k | €129k | €36k | €1,176 | 6 |
| 31 Dec 2020 | 7 Aug 2021 | €483k | €31k | €59k | €138k | €60k | €6,188 | 8 |
| 31 Dec 2019 | 1 Nov 2020 | €387k | €2,938 | €44k | €123k | €57k | €27k | 6 |
As published. Small companies often file a balance sheet only, so turnover and result can be missing.
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Questions about Thermal OÜ
What is the registry code of Thermal OÜ?
Thermal OÜ is registered under registry code 11499913 in the official register of Estonia. View it at the official register.
Is Thermal OÜ still active?
Yes. Thermal OÜ is registered as active (status: R Registrisse kantud).
Has Thermal OÜ gone bankrupt or into insolvency?
No insolvency, bankruptcy or administration is recorded for Thermal OÜ in the official data.
How likely is Thermal OÜ to become insolvent?
Our model estimates a 0.01 % probability that Thermal OÜ becomes insolvent within the next 12 months (low risk). That is higher than 79 % of active companies in Estonia.
When was Thermal OÜ founded?
Thermal OÜ was incorporated on 4 Aug 2008.
Where is Thermal OÜ registered?
Thermal OÜ's registered address is in 50410 Tartu linn (Tartu County), Estonia.
What do the latest accounts of Thermal OÜ show?
The latest published accounts (period ending 31 Dec 2024) show equity of €55k, total assets of €134k, turnover of €346k, a result of €1,513, 5 employees.
Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 6 Nov 2026.