Nordic Waves OÜ

Registry code 12210116 · Active (R Registrisse kantud)

Nordic Waves OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 27 Dec 2011. Its registered activity is muusikute lavaline tegevus. Its latest published accounts for the period ending 31 May 2025 show equity of €70k, total assets of €71k, turnover of €50k, a result of €8,328. It has filed 6 sets of accounts, 3 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 33 % of active companies in Estonia. 0.1× the average annual insolvency rate (0.04 %).

Raises the risk

Equity (signed log)2.2×4.77424–5.46198 · 0.09 % became insolvent
Return on assets1.4×0.0114434–0.180779 · 0.06 % became insolvent
Late filings1.3×3–4 · 0.06 % became insolvent
Days since last period end1.3×474–598 · 0.06 % became insolvent
Equity change ÷ assets1.3×0.00422893–0.137751 · 0.06 % became insolvent
Turnover growth1.3×-0.311768–-2.01156e-05 · 0.05 % became insolvent

Lowers the risk

Industry0.0×90 · 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
Accounts filed0.3×6–7 · 0.01 % became insolvent
Turnover (log)0.4×4.15232–4.77944 · 0.02 % 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
12210116 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
27 Dec 2011 (15 years)
Registered address
13516 Tallinn
County
Harju County
Activity
90202 Muusikute lavaline tegevus
Industry
Creative, arts and entertainment
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202520 Oct 2025€50k €8,328€70k€71k €1,540–1
31 May 202418 Jun 2024€55k €13k€62k€63k €1,520–1
31 May 202325 Sep 2023€47k €12k€69k€69k €366–0
31 May 202211 Dec 2022€61k €24k€76k€78k €1,500–0
31 May 20212 Dec 2021€33k €9,291€52k€55k €2,631–0
31 May 20201 Dec 2020€44k €17k€43k€48k €4,903–0

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

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Questions about Nordic Waves OÜ

What is the registry code of Nordic Waves OÜ?

Nordic Waves OÜ is registered under registry code 12210116 in the official register of Estonia. View it at the official register.

Is Nordic Waves OÜ still active?

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

Has Nordic Waves OÜ gone bankrupt or into insolvency?

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

How likely is Nordic Waves OÜ to become insolvent?

Our model estimates a 0.00 % probability that Nordic Waves OÜ becomes insolvent within the next 12 months (low risk). That is higher than 33 % of active companies in Estonia.

When was Nordic Waves OÜ founded?

Nordic Waves OÜ was incorporated on 27 Dec 2011.

Where is Nordic Waves OÜ registered?

Nordic Waves OÜ's registered address is in 13516 Tallinn (Harju County), Estonia.

What do the latest accounts of Nordic Waves OÜ show?

The latest published accounts (period ending 31 May 2025) show equity of €70k, total assets of €71k, turnover of €50k, a result of €8,328, 1 employees.

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