Penmaster OÜ

Registry code 14646838 · Active (R Registrisse kantud)

Penmaster OÜ is an osaühing registered in Tartu linn, Estonia, incorporated on 22 Jan 2019. Its registered activity is puidu ja ehitusmaterjalide hulgimüügi vahendusteenus. Its latest published accounts for the period ending 31 Dec 2025 show equity of €2,668, total assets of €524k, turnover of €592k, a result of −€41k. It has filed 7 sets of accounts, 3 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.2 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 65 % of active companies in Estonia. 0.2× the average annual insolvency rate (0.04 %).

Raises the risk

Turnover (log)7.0×≥ 5.4665 · 0.30 % became insolvent
Total assets (log)5.7×≥ 5.65704 · 0.25 % became insolvent
Equity ratio5.2×< 0.0723788 · 0.22 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Current ratio3.9×0.426882–1.11575 · 0.17 % became insolvent
Current liabilities ÷ assets3.4×0.457461–0.881637 · 0.15 % became insolvent

Lowers the risk

Accounts filed0.0×≥ 7 · 0.00 % became insolvent
Accounts type0.1×micro · 0.01 % became insolvent
Equity (signed log)0.6×3.39915–4.0125 · 0.03 % became insolvent
Days since last period end0.7×260–365 · 0.03 % became insolvent
Accounts overdue0.8×0 · 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
14646838 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
22 Jan 2019 (8 years)
Registered address
50411 Tartu linn
County
Tartu County
Activity
46131 Puidu ja ehitusmaterjalide hulgimüügi vahendusteenus
Industry
Wholesale trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 20256 Jul 2026€592k −€41k€2,668€524k €397k€6,0153
31 Dec 202426 Sep 2025€877k −€139k€44k€678k €444k€18k3
31 Dec 20231 Jul 2024€1.1m €49k€160k€873k €368k€8,3415
31 Dec 20221 Aug 2023€2.0m €21k€112k€697k €480k€7543
31 Dec 20212 Jun 2022€680k €34k€82k€249k €152k€23k1
31 Dec 20204 Mar 2021€363k €2,361€48k€140k €92k€36k1
31 Dec 201919 May 2020€370k €46k€46k€146k €80k€27k1

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

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Questions about Penmaster OÜ

What is the registry code of Penmaster OÜ?

Penmaster OÜ is registered under registry code 14646838 in the official register of Estonia. View it at the official register.

Is Penmaster OÜ still active?

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

Has Penmaster OÜ gone bankrupt or into insolvency?

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

How likely is Penmaster OÜ to become insolvent?

Our model estimates a 0.01 % probability that Penmaster OÜ becomes insolvent within the next 12 months (low risk). That is higher than 65 % of active companies in Estonia.

When was Penmaster OÜ founded?

Penmaster OÜ was incorporated on 22 Jan 2019.

Where is Penmaster OÜ registered?

Penmaster OÜ's registered address is in 50411 Tartu linn (Tartu County), Estonia.

What do the latest accounts of Penmaster OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €2,668, total assets of €524k, turnover of €592k, a result of −€41k, 3 employees.

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