Fornast OÜ

Registry code 12451311 · Active (R Registrisse kantud)

Fornast OÜ is an osaühing registered in Põltsamaa vald, Estonia, incorporated on 9 Apr 2013. Its registered activity is metsamajandust abistavad tegevused. Its latest published accounts for the period ending 31 Dec 2023 show equity of −€756, total assets of €0, turnover of €0, a result of −€24. It has filed 5 sets of accounts. 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

0.01 %
Low risk
Lowest riskHighest risk

Higher than 79 % of active companies in Estonia. 0.3× the average annual insolvency rate (0.04 %).

Raises the risk

Negative equity5.0×1 · 0.22 % became insolvent
Days since last period end3.5×≥ 598 · 0.15 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Current ratio3.0×< 0.426882 · 0.13 % became insolvent
Equity (signed log)2.7×< 1.04139 · 0.12 % became insolvent
Accounts filed2.6×5–6 · 0.11 % became insolvent

Lowers the risk

Total assets (log)0.1×< 2.84323 · 0.00 % became insolvent
Turnover (log)0.3×0–3.00043 · 0.01 % became insolvent
Employees0.4×0–1 · 0.02 % became insolvent
Share of filings late0.6×0–0.166667 · 0.03 % became insolvent
Filing delay of last accounts (days)0.6×145–177 · 0.03 % became insolvent
Late filings0.7×0–1 · 0.03 % 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
12451311 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
9 Apr 2013 (14 years)
Registered address
48028 Põltsamaa vald
County
Jõgeva County
Activity
02401 Metsamajandust abistavad tegevused
Industry
Forestry and logging
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202331 May 2024€0 −€24−€756€0 €756–0
31 Dec 202223 May 2023€96 −€925−€731€125 €856–0
31 Dec 202121 Jun 2022€1,399 −€3,329€194€427 €233–0
31 Dec 202026 May 2021€18k −€2,531€3,523€3,644 €121€3,1211
31 Dec 201930 Jun 2020€57k −€1,299€6,054€12k €5,850€8,4463

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

Similar companies in Jõgeva County

Questions about Fornast OÜ

What is the registry code of Fornast OÜ?

Fornast OÜ is registered under registry code 12451311 in the official register of Estonia. View it at the official register.

Is Fornast OÜ still active?

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

Has Fornast OÜ gone bankrupt or into insolvency?

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

How likely is Fornast OÜ to become insolvent?

Our model estimates a 0.01 % probability that Fornast OÜ becomes insolvent within the next 12 months (low risk). That is higher than 79 % of active companies in Estonia.

When was Fornast OÜ founded?

Fornast OÜ was incorporated on 9 Apr 2013.

Where is Fornast OÜ registered?

Fornast OÜ's registered address is in 48028 Põltsamaa vald (Jõgeva County), Estonia.

What do the latest accounts of Fornast OÜ show?

The latest published accounts (period ending 31 Dec 2023) show equity of −€756, total assets of €0, turnover of €0, a result of −€24, 0 employees.

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