Decovar OÜ

Registry code 14002020 · Active (R Registrisse kantud)

Decovar OÜ is an osaühing registered in Kastre vald, Estonia, incorporated on 25 Feb 2016. Its registered activity is elamute ja mitteeluhoonete ehitus. Its latest published accounts for the period ending 31 Dec 2021 show equity of −€4,229, total assets of €176k, turnover of €311k, a result of €78k. It has filed 3 sets of accounts, 2 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

Return on assets0.7×0.180779–0.54679 · 0.03 % became insolvent
Turnover growth0.8×-2.01156e-05–0.31442 · 0.04 % 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
14002020 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
25 Feb 2016 (11 years)
Registered address
62401 Kastre vald
County
Tartu County
Activity
41201 Elamute ja mitteeluhoonete ehitus
Industry
Construction of buildings
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202130 May 2023€311k €78k−€4,229€176k €181k€9,6792
31 Dec 202030 Jun 2021€267k −€17k−€82k€109k €191k€5615
31 Dec 201931 Oct 2020€391k −€67k−€65k€62k €126k€4,5088

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

Similar companies in Tartu County

Questions about Decovar OÜ

What is the registry code of Decovar OÜ?

Decovar OÜ is registered under registry code 14002020 in the official register of Estonia. View it at the official register.

Is Decovar OÜ still active?

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

Has Decovar OÜ gone bankrupt or into insolvency?

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

How likely is Decovar OÜ to become insolvent?

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

When was Decovar OÜ founded?

Decovar OÜ was incorporated on 25 Feb 2016.

Where is Decovar OÜ registered?

Decovar OÜ's registered address is in 62401 Kastre vald (Tartu County), Estonia.

What do the latest accounts of Decovar OÜ show?

The latest published accounts (period ending 31 Dec 2021) show equity of −€4,229, total assets of €176k, turnover of €311k, a result of €78k, 2 employees.

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