Novitec Solutions OÜ

Registry code 14376329 · Active (R Registrisse kantud)

Novitec Solutions OÜ is an osaühing registered in Saaremaa vald, Estonia, incorporated on 22 Nov 2017. Its registered activity is programmeerimine. Its latest published accounts for the period ending 31 Dec 2024 show equity of €7,656, total assets of €7,656, turnover of €0, a result of −€18k. It has filed 6 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 33 % of active companies in Estonia. 0.1× the average annual insolvency rate (0.04 %).

Raises the risk

Days since last period end3.5×≥ 598 · 0.15 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Return on assets1.8×< -0.338137 · 0.08 % became insolvent
Accounts overdue1.8×1 · 0.08 % became insolvent
Equity change ÷ assets1.7×< -0.398679 · 0.08 % became insolvent
Loss1.7×1 · 0.07 % became insolvent

Lowers the risk

Cash ÷ assets0.1×0.901325–1 · 0.00 % became insolvent
Equity ratio0.2×≥ 1 · 0.01 % became insolvent
Total assets (log)0.2×3.5432–4.27814 · 0.01 % became insolvent
Accounts filed0.3×6–7 · 0.01 % became insolvent
Current liabilities ÷ assets0.3×0–0.0109453 · 0.01 % became insolvent
Turnover (log)0.3×0–3.00043 · 0.01 % 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
14376329 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
22 Nov 2017 (9 years)
Registered address
93810 Saaremaa vald
County
Saare County
Activity
62011 Programmeerimine
Industry
Computer programming and consultancy
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 20247 Apr 2025€0 −€18k€7,656€7,656 €0€7,0360
31 Dec 202327 Mar 2024€108k €49k€92k€96k €4,131€94k1
31 Dec 202224 Apr 2023€95k €11k€74k€104k €12k€80k1
31 Dec 20217 Jun 2022€160k €60k€80k€112k €12k€57k1
31 Dec 202014 May 2021€216k €26k€31k€97k €42k€36k2
31 Dec 20192 Jun 2020€132k €1,553€4,516€44k €40k€5,1493

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

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Questions about Novitec Solutions OÜ

What is the registry code of Novitec Solutions OÜ?

Novitec Solutions OÜ is registered under registry code 14376329 in the official register of Estonia. View it at the official register.

Is Novitec Solutions OÜ still active?

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

Has Novitec Solutions OÜ gone bankrupt or into insolvency?

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

How likely is Novitec Solutions OÜ to become insolvent?

Our model estimates a 0.00 % probability that Novitec Solutions OÜ becomes insolvent within the next 12 months (low risk). That is higher than 33 % of active companies in Estonia.

When was Novitec Solutions OÜ founded?

Novitec Solutions OÜ was incorporated on 22 Nov 2017.

Where is Novitec Solutions OÜ registered?

Novitec Solutions OÜ's registered address is in 93810 Saaremaa vald (Saare County), Estonia.

What do the latest accounts of Novitec Solutions OÜ show?

The latest published accounts (period ending 31 Dec 2024) show equity of €7,656, total assets of €7,656, turnover of €0, a result of −€18k, 0 employees.

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