Karmai OÜ

Registry code 12244138 · Active (R Registrisse kantud)

Karmai OÜ is an osaühing registered in Setomaa vald, Estonia, incorporated on 5 Mar 2012. Its registered activity is muude ehituspuusepa- ja tisleritoodete tootmine. Its latest published accounts for the period ending 1 Mar 2025 show equity of €50k, total assets of €55k, turnover of €46k, a result of €8,147. It has filed 6 sets of accounts, 6 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

Industry6.5×16 · 0.28 % became insolvent
Cash ÷ assets4.0×< 0.00706832 · 0.17 % became insolvent
Filing delay of last accounts (days)3.8×≥ 229 · 0.16 % became insolvent
Days since last period end3.5×≥ 598 · 0.15 % became insolvent
Share of filings late2.6×≥ 0.833333 · 0.11 % became insolvent
Accounts overdue1.8×1 · 0.08 % became insolvent

Lowers the risk

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
Employees0.4×0–1 · 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
12244138 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
5 Mar 2012 (15 years)
Registered address
65380 Setomaa vald
County
Võru County
Activity
16239 Muude ehituspuusepa- ja tisleritoodete tootmine
Industry
Manufacture of wood products
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
1 Mar 202510 Nov 2025€46k €8,147€50k€55k €5,071€630
1 Mar 202425 Sep 2024€435k €8,176€42k€52k €9,928€5440
1 Mar 202320 Oct 2023€327k €11k€34k€65k €31k€5,8200
1 Mar 202231 Jul 2023€25k −€1,695€23k€24k €957–0
1 Mar 202123 Oct 2022€21k −€17k€25k€26k €714–0
1 Mar 20206 Oct 2020€25k €8,025€42k€43k €665–0

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

Similar companies in Võru County

Questions about Karmai OÜ

What is the registry code of Karmai OÜ?

Karmai OÜ is registered under registry code 12244138 in the official register of Estonia. View it at the official register.

Is Karmai OÜ still active?

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

Has Karmai OÜ gone bankrupt or into insolvency?

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

How likely is Karmai OÜ to become insolvent?

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

When was Karmai OÜ founded?

Karmai OÜ was incorporated on 5 Mar 2012.

Where is Karmai OÜ registered?

Karmai OÜ's registered address is in 65380 Setomaa vald (Võru County), Estonia.

What do the latest accounts of Karmai OÜ show?

The latest published accounts (period ending 1 Mar 2025) show equity of €50k, total assets of €55k, turnover of €46k, a result of €8,147, 0 employees.

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