Panapex OÜ

Registry code 12316174 · Active (R Registrisse kantud)

Panapex OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 17 Jul 2012. Its registered activity is torustiku, kütte- ja kliimaseadmete paigaldus. Its latest published accounts for the period ending 31 Dec 2021 show equity of −€166k, total assets of €408k, turnover of €1.8m, a result of −€149k. It has filed 3 sets of accounts, 3 of them after the deadline. Our model estimates a 0.51 % probability that it becomes insolvent within 12 months, 11.8 times the average for active companies (very high risk).

Insolvency risk, next 12 months

0.51 %
Very high risk
Lowest riskHighest risk

Higher than 97 % of active companies in Estonia. 11.8× the average annual insolvency rate (0.04 %).

Raises the risk

Turnover (log)7.0×≥ 5.4665 · 0.30 % became insolvent
Equity ratio5.2×< 0.0723788 · 0.22 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Negative equity5.0×1 · 0.22 % became insolvent
Current ratio3.9×0.426882–1.11575 · 0.17 % became insolvent
Filing delay of last accounts (days)3.8×≥ 229 · 0.16 % became insolvent

Lowers the risk

Nothing notable.

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
12316174 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
17 Jul 2012 (14 years)
Registered address
10615 Tallinn
County
Harju County
Activity
4322 Torustiku, kütte- ja kliimaseadmete paigaldus
Industry
Specialised construction activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 20216 Nov 2023€1.8m −€149k−€166k€408k €574k€62k10
31 Dec 20207 Sep 2021€1.0m −€18k−€17k€230k €247k€69k10
31 Dec 201921 Oct 2020€979k −€16k€1,479€187k €182k€23k10

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

Similar companies in Harju County

Questions about Panapex OÜ

What is the registry code of Panapex OÜ?

Panapex OÜ is registered under registry code 12316174 in the official register of Estonia. View it at the official register.

Is Panapex OÜ still active?

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

Has Panapex OÜ gone bankrupt or into insolvency?

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

How likely is Panapex OÜ to become insolvent?

Our model estimates a 0.51 % probability that Panapex OÜ becomes insolvent within the next 12 months (very high risk). That is higher than 97 % of active companies in Estonia.

When was Panapex OÜ founded?

Panapex OÜ was incorporated on 17 Jul 2012.

Where is Panapex OÜ registered?

Panapex OÜ's registered address is in 10615 Tallinn (Harju County), Estonia.

What do the latest accounts of Panapex OÜ show?

The latest published accounts (period ending 31 Dec 2021) show equity of −€166k, total assets of €408k, turnover of €1.8m, a result of −€149k, 10 employees.

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