Elbax OÜ

Registry code 16285697 · Active (R Registrisse kantud)

Elbax OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 5 Aug 2021. Its registered activity is programmeerimine. Its latest published accounts for the period ending 31 Dec 2025 show equity of €345k, total assets of €402k, turnover of €3.5m, a result of −€107k. It has filed 5 sets of accounts, 2 of them after the deadline. 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

Turnover (log)7.0×≥ 5.4665 · 0.30 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Equity (signed log)3.0×≥ 5.46198 · 0.13 % became insolvent
Accounts filed2.6×5–6 · 0.11 % became insolvent
Operating margin2.6×-0.034587–0.0634372 · 0.11 % became insolvent
Total assets (log)2.5×4.98561–5.65704 · 0.11 % became insolvent

Lowers the risk

Cash ÷ assets0.1×0.901325–1 · 0.00 % became insolvent
Employees0.4×0–1 · 0.02 % became insolvent
Industry0.5×62 · 0.02 % became insolvent
Days since last period end0.7×260–365 · 0.03 % became insolvent
Current ratio0.7×2.76653–10 · 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
16285697 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
5 Aug 2021 (5 years)
Registered address
10117 Tallinn
County
Harju County
Activity
62101 Programmeerimine
Industry
Computer programming and consultancy
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€3.5m −€107k€345k€402k €57k€400k0
31 Dec 202416 May 2025€3.0m −€285k€452k€472k €20k€468k0
31 Dec 202327 May 2024€1.5m −€475k€738k€742k €4,194€740k0
31 Dec 202225 Jan 2023€1.6m €368k€1.2m€1.2m €54€1.2m1
31 Dec 202125 Jan 2023€912k €846k€846k€846k €102€846k1

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

Similar companies in Harju County

Questions about Elbax OÜ

What is the registry code of Elbax OÜ?

Elbax OÜ is registered under registry code 16285697 in the official register of Estonia. View it at the official register.

Is Elbax OÜ still active?

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

Has Elbax OÜ gone bankrupt or into insolvency?

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

How likely is Elbax OÜ to become insolvent?

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

When was Elbax OÜ founded?

Elbax OÜ was incorporated on 5 Aug 2021.

Where is Elbax OÜ registered?

Elbax OÜ's registered address is in 10117 Tallinn (Harju County), Estonia.

What do the latest accounts of Elbax OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €345k, total assets of €402k, turnover of €3.5m, a result of −€107k, 0 employees.

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