Mägimets OÜ

Registry code 14608780 · Active (R Registrisse kantud)

Mägimets OÜ is an osaühing registered in Saaremaa vald, Estonia, incorporated on 19 Nov 2018. Its registered activity is elamute ja mitteeluhoonete ehitus. Its latest published accounts for the period ending 31 Dec 2024 show equity of −€1,653, total assets of €13k, turnover of €27k, a result of €85. It has filed 6 sets of accounts, 4 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 52 % of active companies in Estonia. 0.1× the average annual insolvency rate (0.04 %).

Raises the risk

Equity ratio5.2×< 0.0723788 · 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
Current ratio3.0×< 0.426882 · 0.13 % became insolvent

Lowers the risk

Accounts type0.1×micro · 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
Turnover (log)0.4×4.15232–4.77944 · 0.02 % became insolvent
Region0.6×Saare · 0.03 % became insolvent
Employees0.8×1–2 · 0.03 % 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
14608780 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
19 Nov 2018 (8 years)
Registered address
93812 Saaremaa vald
County
Saare County
Activity
41001 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 202430 Jun 2025€27k €85−€1,653€13k €14k€361
31 Dec 20239 Jul 2024€10k −€5,640−€1,738€19k €17k€921
31 Dec 202226 Jul 2023€22k −€17k€3,903€16k €4,937€1121
31 Dec 20217 Jul 2022€32k €6,350€21k€55k €6,221–1
31 Dec 20201 Jul 2021€58k €4,430€15k€37k €9,900€8,2611
31 Dec 201911 Dec 2020€39k €10k€10k€18k €7,432€14k1

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

Similar companies in Saare County

Questions about Mägimets OÜ

What is the registry code of Mägimets OÜ?

Mägimets OÜ is registered under registry code 14608780 in the official register of Estonia. View it at the official register.

Is Mägimets OÜ still active?

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

Has Mägimets OÜ gone bankrupt or into insolvency?

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

How likely is Mägimets OÜ to become insolvent?

Our model estimates a 0.01 % probability that Mägimets OÜ becomes insolvent within the next 12 months (low risk). That is higher than 52 % of active companies in Estonia.

When was Mägimets OÜ founded?

Mägimets OÜ was incorporated on 19 Nov 2018.

Where is Mägimets OÜ registered?

Mägimets OÜ's registered address is in 93812 Saaremaa vald (Saare County), Estonia.

What do the latest accounts of Mägimets OÜ show?

The latest published accounts (period ending 31 Dec 2024) show equity of −€1,653, total assets of €13k, turnover of €27k, a result of €85, 1 employees.

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