Grey Area OÜ

Registry code 16154395 · Active (R Registrisse kantud)

Grey Area OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 4 Feb 2021. Its registered activity is kinofilmide ja videote tootmine. Its latest published accounts for the period ending 31 Dec 2024 show equity of −€24k, total assets of €10k, turnover of €58k, a result of −€6,143. It has filed 4 sets of accounts. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.3 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 79 % of active companies in Estonia. 0.3× 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
Current liabilities ÷ assets3.8×≥ 0.881637 · 0.16 % became insolvent
Days since last period end3.5×≥ 598 · 0.15 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Current ratio3.0×< 0.426882 · 0.13 % became insolvent

Lowers the risk

Industry0.0×59 · 0.00 % became insolvent
Total assets (log)0.2×3.5432–4.27814 · 0.01 % became insolvent
Turnover (log)0.4×4.15232–4.77944 · 0.02 % became insolvent
Employees0.4×0–1 · 0.02 % became insolvent
Share of filings late0.6×0–0.166667 · 0.03 % became insolvent
Filing delay of last accounts (days)0.6×145–177 · 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
16154395 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
4 Feb 2021 (6 years)
Registered address
11622 Tallinn
County
Harju County
Activity
59111 Kinofilmide ja videote tootmine
Industry
Film, video, TV and music production
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 20244 Jun 2025€58k −€6,143−€24k€10k €34k€2,1370
31 Dec 202318 Jun 2024€65k −€11k−€18k€11k €29k€1,0450
31 Dec 202230 Jun 2023€57k −€13k−€6,572€17k €24k€3,4551
31 Dec 202128 Jun 2022€52k €6,905€6,905€11k €3,828–1

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

Similar companies in Harju County

Questions about Grey Area OÜ

What is the registry code of Grey Area OÜ?

Grey Area OÜ is registered under registry code 16154395 in the official register of Estonia. View it at the official register.

Is Grey Area OÜ still active?

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

Has Grey Area OÜ gone bankrupt or into insolvency?

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

How likely is Grey Area OÜ to become insolvent?

Our model estimates a 0.01 % probability that Grey Area OÜ becomes insolvent within the next 12 months (low risk). That is higher than 79 % of active companies in Estonia.

When was Grey Area OÜ founded?

Grey Area OÜ was incorporated on 4 Feb 2021.

Where is Grey Area OÜ registered?

Grey Area OÜ's registered address is in 11622 Tallinn (Harju County), Estonia.

What do the latest accounts of Grey Area OÜ show?

The latest published accounts (period ending 31 Dec 2024) show equity of −€24k, total assets of €10k, turnover of €58k, a result of −€6,143, 0 employees.

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