OÜ First Ring

Registry code 16138485 · Active (R Registrisse kantud)

OÜ First Ring is an osaühing registered in Tallinn, Estonia, incorporated on 13 Jan 2021. Its registered activity is spetsialiseerimata hulgikaubandus. Its latest published accounts for the period ending 31 Dec 2024 show equity of €123k, total assets of €125k, turnover of €35k, a result of −€285k. It has filed 4 sets of accounts, 2 of them after the deadline. Our model estimates a 0.51 % probability that it becomes insolvent within 12 months, 11.8 times the average for active companies (very high risk).

Insolvency risk, next 12 months

0.51 %
Very high risk
Lowest riskHighest risk

Higher than 97 % of active companies in Estonia. 11.8× the average annual insolvency rate (0.04 %).

Raises the risk

Days since last period end3.5×≥ 598 · 0.15 % became insolvent
Industry2.6×46 · 0.11 % became insolvent
Total assets (log)2.5×4.98561–5.65704 · 0.11 % became insolvent
Equity (signed log)2.2×4.77424–5.46198 · 0.09 % became insolvent
Return on assets1.8×< -0.338137 · 0.08 % became insolvent
Accounts overdue1.8×1 · 0.08 % became insolvent

Lowers the risk

Accounts type0.1×micro · 0.01 % became insolvent
Current ratio0.2×≥ 10 · 0.01 % became insolvent
Equity ratio0.2×0.865495–1 · 0.01 % became insolvent
Turnover (log)0.4×4.15232–4.77944 · 0.02 % became insolvent
Cash ÷ assets0.4×0.37634–0.901325 · 0.02 % 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 6 Nov 2026), not a credit rating. How it works.

Company details

Registry code
16138485 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
13 Jan 2021 (6 years)
Registered address
11911 Tallinn
County
Harju County
Activity
46901 Spetsialiseerimata hulgikaubandus
Industry
Wholesale trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202418 Jul 2025€35k −€285k€123k€125k €1,683€73k0
31 Dec 20231 Jul 2024€562k €18k€409k€661k €253k€104k0
31 Dec 202230 Jun 2023€1.5m €390k€391k€459k €68k€153k0
31 Dec 202122 Aug 2022€1.1m €630€630€60k €59k€3,3980

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

Similar companies in Harju County

Questions about OÜ First Ring

What is the registry code of OÜ First Ring?

OÜ First Ring is registered under registry code 16138485 in the official register of Estonia. View it at the official register.

Is OÜ First Ring still active?

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

Has OÜ First Ring gone bankrupt or into insolvency?

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

How likely is OÜ First Ring to become insolvent?

Our model estimates a 0.51 % probability that OÜ First Ring becomes insolvent within the next 12 months (very high risk). That is higher than 97 % of active companies in Estonia.

When was OÜ First Ring founded?

OÜ First Ring was incorporated on 13 Jan 2021.

Where is OÜ First Ring registered?

OÜ First Ring's registered address is in 11911 Tallinn (Harju County), Estonia.

What do the latest accounts of OÜ First Ring show?

The latest published accounts (period ending 31 Dec 2024) show equity of €123k, total assets of €125k, turnover of €35k, a result of −€285k, 0 employees.

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