Mada Air OÜ

Registry code 14208520 · Active (R Registrisse kantud)

Mada Air OÜ is an osaühing registered in Haapsalu linn, Estonia, incorporated on 21 Feb 2017. Its registered activity is hoonestusprojektide arendus. Its latest published accounts for the period ending 31 Dec 2025 show equity of −€668k, total assets of €14k, turnover of €0, a result of €40k. It has filed 7 sets of accounts, 5 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in Estonia. 0.0× the average annual insolvency rate (0.04 %).

Raises the risk

Equity ratio5.2×< 0.0728802 · 0.22 % became insolvent
Negative equity5.0×1 · 0.21 % became insolvent
Equity (signed log)2.7×< 1 · 0.11 % became insolvent
Share of filings late1.6×0.571429–0.833333 · 0.07 % became insolvent
Company age (years)1.2×8.112–15.45 · 0.05 % became insolvent
Legal form1.2×Osaühing · 0.05 % became insolvent

Lowers the risk

Accounts filed0.0×≥ 7 · 0.00 % became insolvent
Accounts type0.1×micro · 0.01 % became insolvent
Region0.2×Lääne · 0.01 % became insolvent
Total assets (log)0.2×3.54086–4.27545 · 0.01 % became insolvent
Turnover (log)0.3×0–2.99388 · 0.01 % 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 8 Nov 2026), not a credit rating. How it works.

Company details

Registry code
14208520 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
21 Feb 2017 (10 years)
Registered address
90502 Haapsalu linn
County
Lääne County
Activity
68121 Hoonestusprojektide arendus
Industry
Real estate activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202515 Jun 2026€0 €40k−€668k€14k ––0
31 Dec 202429 Jul 2025€8,461 €2,805−€708k€14k ––0
31 Dec 202321 Feb 2025€2.0m €122k−€711k€14k ––0
31 Dec 202212 Jul 2023€0 €0−€833k€7,264 ––0
31 Dec 202112 Jul 2023€12k −€870k−€833k€7,264 ––0
31 Dec 202031 Mar 2021€39k €37k€37k€37k ––0
31 Dec 201928 Mar 2021€0 €0€0– ––0

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

Similar companies in Lääne County

Questions about Mada Air OÜ

What is the registry code of Mada Air OÜ?

Mada Air OÜ is registered under registry code 14208520 in the official register of Estonia. View it at the official register.

Is Mada Air OÜ still active?

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

Has Mada Air OÜ gone bankrupt or into insolvency?

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

How likely is Mada Air OÜ to become insolvent?

Our model estimates a 0.00 % probability that Mada Air OÜ becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in Estonia.

When was Mada Air OÜ founded?

Mada Air OÜ was incorporated on 21 Feb 2017.

Where is Mada Air OÜ registered?

Mada Air OÜ's registered address is in 90502 Haapsalu linn (Lääne County), Estonia.

What do the latest accounts of Mada Air OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of −€668k, total assets of €14k, turnover of €0, a result of €40k, 0 employees.

Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 8 Nov 2026.