Palmas OÜ

Registry code 12208059 · Active (R Registrisse kantud)

Palmas OÜ is an osaühing registered in Mulgi vald, Estonia, incorporated on 20 Dec 2011. Its registered activity is metsamajandust abistavad tegevused. Its latest published accounts for the period ending 31 Dec 2025 show equity of €111k, total assets of €111k, turnover of €2,254, a result of −€9,283. It has filed 7 sets of accounts. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 52 % of active companies in Estonia. 0.1× the average annual insolvency rate (0.04 %).

Raises the risk

Total assets (log)2.5×4.98561–5.65704 · 0.11 % became insolvent
Equity (signed log)2.2×4.77424–5.46198 · 0.09 % became insolvent
Return on assets1.8×-0.338137–-0.0285758 · 0.08 % became insolvent
Loss1.7×1 · 0.07 % became insolvent
Operating margin1.6×< -0.460928 · 0.07 % became insolvent
Equity change ÷ assets1.6×-0.398679–-0.0589681 · 0.07 % became insolvent

Lowers the risk

Accounts filed0.0×≥ 7 · 0.00 % became insolvent
Accounts type0.1×micro · 0.01 % became insolvent
Current ratio0.2×≥ 10 · 0.01 % became insolvent
Equity ratio0.2×0.865495–1 · 0.01 % became insolvent
Turnover (log)0.3×3.00043–4.15232 · 0.01 % became insolvent
Current liabilities ÷ assets0.3×0–0.0109453 · 0.01 % 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
12208059 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
20 Dec 2011 (15 years)
Registered address
69102 Mulgi vald
County
Viljandi County
Activity
02401 Metsamajandust abistavad tegevused
Industry
Forestry and logging
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 20252 Jun 2026€2,254 −€9,283€111k€111k €5€18k0
31 Dec 202426 Jun 2025€32k €13k€120k€120k €3€27k0
31 Dec 202310 Jun 2024€11k €4,235€108k€108k €3–0
31 Dec 202226 Apr 2023€23k €20k€103k€103k €39–0
31 Dec 202123 May 2022€83k €81k€84k€88k €4,034–0
31 Dec 202022 Jun 2021€676 −€538€3,068€3,070 €2–0
31 Dec 201918 Jun 2020€3,526 €116€3,606€3,611 €5–0

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

Similar companies in Viljandi County

Questions about Palmas OÜ

What is the registry code of Palmas OÜ?

Palmas OÜ is registered under registry code 12208059 in the official register of Estonia. View it at the official register.

Is Palmas OÜ still active?

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

Has Palmas OÜ gone bankrupt or into insolvency?

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

How likely is Palmas OÜ to become insolvent?

Our model estimates a 0.01 % probability that Palmas OÜ becomes insolvent within the next 12 months (low risk). That is higher than 52 % of active companies in Estonia.

When was Palmas OÜ founded?

Palmas OÜ was incorporated on 20 Dec 2011.

Where is Palmas OÜ registered?

Palmas OÜ's registered address is in 69102 Mulgi vald (Viljandi County), Estonia.

What do the latest accounts of Palmas OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €111k, total assets of €111k, turnover of €2,254, a result of −€9,283, 0 employees.

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