Innovation Mill OÜ

Registry code 12966618 · Active (R Registrisse kantud)

Innovation Mill OÜ is an osaühing, Estonia, incorporated on 21 Dec 2015. Its registered activity is ärinõustamine jm juhtimisalane nõustamine. Its latest published accounts for the period ending 31 Dec 2020 show equity of €104k, total assets of €116k, turnover of €274k, a result of €84k. It has filed 2 sets of accounts, 2 of them after the deadline. 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

Filing delay of last accounts (days)3.8×≥ 229 · 0.16 % became insolvent
Days since last period end3.5×≥ 598 · 0.15 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Share of filings late2.6×≥ 0.833333 · 0.11 % became insolvent
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

Lowers the risk

Industry0.2×70 · 0.01 % became insolvent
Equity ratio0.2×0.865495–1 · 0.01 % became insolvent
Cash ÷ assets0.4×0.37634–0.901325 · 0.02 % became insolvent
Return on assets0.4×≥ 0.54679 · 0.02 % became insolvent
Current liabilities ÷ assets0.4×0.0109453–0.125535 · 0.02 % became insolvent
Operating margin0.5×0.329898–0.747628 · 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
12966618 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
21 Dec 2015 (11 years)
Activity
70221 Ärinõustamine jm juhtimisalane nõustamine
Industry
Head offices; management consultancy
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202017 Mar 2023€274k €84k€104k€116k €12k€103k1
31 Dec 201917 Mar 2023€96k −€19k€63k€74k €11k€6,6051

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

Questions about Innovation Mill OÜ

What is the registry code of Innovation Mill OÜ?

Innovation Mill OÜ is registered under registry code 12966618 in the official register of Estonia. View it at the official register.

Is Innovation Mill OÜ still active?

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

Has Innovation Mill OÜ gone bankrupt or into insolvency?

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

How likely is Innovation Mill OÜ to become insolvent?

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

When was Innovation Mill OÜ founded?

Innovation Mill OÜ was incorporated on 21 Dec 2015.

What do the latest accounts of Innovation Mill OÜ show?

The latest published accounts (period ending 31 Dec 2020) show equity of €104k, total assets of €116k, turnover of €274k, a result of €84k, 1 employees.

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