Reason for Being OÜ

Registry code 16420684 · Active (R Registrisse kantud)

Reason for Being OÜ is an osaühing registered in Viimsi vald, Estonia, incorporated on 11 Jan 2022. Its registered activity is muu mujal liigitamata koolitus. Its latest published accounts for the period ending 31 Dec 2025 show equity of €1,309, total assets of €2,896, turnover of €0, a result of −€6,816. It has filed 4 sets of accounts, 1 of them after the deadline. Our model estimates a 0.02 % probability that it becomes insolvent within 12 months, 0.4 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.02 %
Low risk
Lowest riskHighest risk

Higher than 83 % of active companies in Estonia. 0.4× the average annual insolvency rate (0.04 %).

Raises the risk

Current liabilities ÷ assets3.4×0.457461–0.881637 · 0.15 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Current ratio2.0×1.11575–2.76653 · 0.09 % became insolvent
Return on assets1.8×< -0.338137 · 0.08 % became insolvent
Late filings1.8×1–3 · 0.08 % became insolvent
Equity change ÷ assets1.7×< -0.398679 · 0.08 % became insolvent

Lowers the risk

Industry0.1×85 · 0.00 % became insolvent
Cash ÷ assets0.1×≥ 1 · 0.00 % became insolvent
Total assets (log)0.1×2.84323–3.5432 · 0.00 % became insolvent
Turnover (log)0.3×0–3.00043 · 0.01 % became insolvent
Equity (signed log)0.3×1.04139–3.39915 · 0.01 % 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
16420684 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
11 Jan 2022 (5 years)
Registered address
74011 Viimsi vald
County
Harju County
Activity
85599 Muu mujal liigitamata koolitus
Industry
Education
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202531 May 2026€0 −€6,816€1,309€2,896 €1,587€2,8960
31 Dec 202430 Jul 2025€0 −€24k€3,925€5,861 €1,936€5,8611
31 Dec 20236 Jun 2024€12k −€1,180€28k€30k €1,936€30k0
31 Dec 202222 Jun 2023€33k €29k€29k€29k –€29k0

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

Similar companies in Harju County

Questions about Reason for Being OÜ

What is the registry code of Reason for Being OÜ?

Reason for Being OÜ is registered under registry code 16420684 in the official register of Estonia. View it at the official register.

Is Reason for Being OÜ still active?

Yes. Reason for Being OÜ is registered as active (status: R Registrisse kantud).

Has Reason for Being OÜ gone bankrupt or into insolvency?

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

How likely is Reason for Being OÜ to become insolvent?

Our model estimates a 0.02 % probability that Reason for Being OÜ becomes insolvent within the next 12 months (low risk). That is higher than 83 % of active companies in Estonia.

When was Reason for Being OÜ founded?

Reason for Being OÜ was incorporated on 11 Jan 2022.

Where is Reason for Being OÜ registered?

Reason for Being OÜ's registered address is in 74011 Viimsi vald (Harju County), Estonia.

What do the latest accounts of Reason for Being OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €1,309, total assets of €2,896, turnover of €0, a result of −€6,816, 0 employees.

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