Norcut OÜ

Registry code 16197051 · Active (R Registrisse kantud)

Norcut OÜ is an osaühing registered in Rae vald, Estonia, incorporated on 1 Apr 2021. Its registered activity is mehaaniline metallitöötlus. Its latest published accounts for the period ending 31 Dec 2025 show equity of €51k, total assets of €84k, turnover of €119k, a result of €17k. It has filed 5 sets of accounts. 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

Industry5.6×25 · 0.24 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Accounts filed2.6×5–6 · 0.11 % became insolvent
Turnover (log)1.4×4.77944–5.4665 · 0.06 % became insolvent
Current liabilities ÷ assets1.3×0.125535–0.457461 · 0.06 % became insolvent
Region1.3×Harju · 0.05 % became insolvent

Lowers the risk

Accounts type0.1×micro · 0.01 % became insolvent
Cash ÷ assets0.4×0.37634–0.901325 · 0.02 % became insolvent
Total assets (log)0.5×4.27814–4.98561 · 0.02 % became insolvent
Share of filings late0.6×0–0.166667 · 0.03 % became insolvent
Late filings0.7×0–1 · 0.03 % became insolvent
Return on assets0.7×0.180779–0.54679 · 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
16197051 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
1 Apr 2021 (6 years)
Registered address
75305 Rae vald
County
Harju County
Activity
25531 Mehaaniline metallitöötlus
Industry
Manufacture of fabricated metal products
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202530 Jun 2026€119k €17k€51k€84k €17k€51k2
31 Dec 202430 Jun 2025€110k €18k€35k€72k €21k€26k2
31 Dec 202319 Jun 2024€104k €7,685€17k€58k €11k€22k2
31 Dec 202230 Jun 2023€82k €7,548€9,021€55k €14k€12k1
31 Dec 20211 Jul 2022€40k €1,473€1,473€22k €5,195€2,2741

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

Similar companies in Harju County

Questions about Norcut OÜ

What is the registry code of Norcut OÜ?

Norcut OÜ is registered under registry code 16197051 in the official register of Estonia. View it at the official register.

Is Norcut OÜ still active?

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

Has Norcut OÜ gone bankrupt or into insolvency?

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

How likely is Norcut OÜ to become insolvent?

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

When was Norcut OÜ founded?

Norcut OÜ was incorporated on 1 Apr 2021.

Where is Norcut OÜ registered?

Norcut OÜ's registered address is in 75305 Rae vald (Harju County), Estonia.

What do the latest accounts of Norcut OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €51k, total assets of €84k, turnover of €119k, a result of €17k, 2 employees.

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