Festex OÜ

Registry code 14556405 · Active (R Registrisse kantud)

Festex OÜ is an osaühing registered in Rakvere vald, Estonia, incorporated on 31 Aug 2018. Its registered activity is mujal liigitamata mööbli tootmine. Its latest published accounts for the period ending 31 Dec 2023 show equity of −€303, total assets of €42k, turnover of €104k, a result of −€23k. It has filed 5 sets of accounts, 4 of them after the deadline. Our model estimates a 0.10 % probability that it becomes insolvent within 12 months, 2.3 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.10 %
High risk
Lowest riskHighest risk

Higher than 91 % of active companies in Estonia. 2.3× the average annual insolvency rate (0.04 %).

Raises the risk

Equity ratio5.2×< 0.0723788 · 0.22 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Negative equity5.0×1 · 0.22 % became insolvent
Cash ÷ assets4.0×< 0.00706832 · 0.17 % became insolvent
Current liabilities ÷ assets3.8×≥ 0.881637 · 0.16 % became insolvent
Days since last period end3.5×≥ 598 · 0.15 % became insolvent

Lowers the risk

Region0.4×Lääne-Viru · 0.02 % became insolvent
Total assets (log)0.5×4.27814–4.98561 · 0.02 % 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
14556405 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
31 Aug 2018 (8 years)
Registered address
44408 Rakvere vald
County
Lääne-Viru County
Activity
31091 Mujal liigitamata mööbli tootmine
Industry
Manufacture of furniture
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202314 Aug 2024€104k −€23k−€303€42k €42k€672
31 Dec 202230 Jun 2023€91k −€26k€13k€60k €39k€4,9482
31 Dec 20216 Oct 2022€74k €26k€39k€61k €6,770€6,4331
31 Dec 202027 Jul 2021€15k −€12k€2,796€51k €19k€5451
31 Dec 201914 Aug 2020€3,180 −€9,670€2,830€43k €40k€1,1570

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

Similar companies in Lääne-Viru County

Questions about Festex OÜ

What is the registry code of Festex OÜ?

Festex OÜ is registered under registry code 14556405 in the official register of Estonia. View it at the official register.

Is Festex OÜ still active?

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

Has Festex OÜ gone bankrupt or into insolvency?

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

How likely is Festex OÜ to become insolvent?

Our model estimates a 0.10 % probability that Festex OÜ becomes insolvent within the next 12 months (high risk). That is higher than 91 % of active companies in Estonia.

When was Festex OÜ founded?

Festex OÜ was incorporated on 31 Aug 2018.

Where is Festex OÜ registered?

Festex OÜ's registered address is in 44408 Rakvere vald (Lääne-Viru County), Estonia.

What do the latest accounts of Festex OÜ show?

The latest published accounts (period ending 31 Dec 2023) show equity of −€303, total assets of €42k, turnover of €104k, a result of −€23k, 2 employees.

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