Velstand Solutions OÜ

Registry code 16521497 · Active (R Registrisse kantud)

Velstand Solutions OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 17 Jun 2022. Its registered activity is meditsiini- ja ortopeediakaupade jaemüük spetsialiseeritud kauplustes. Its latest published accounts for the period ending 31 Dec 2023 show equity of €1,496, total assets of €58k, turnover of €63k, a result of −€41k. It has filed 2 sets of accounts. 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

Equity ratio5.2×< 0.0723788 · 0.22 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Current ratio3.9×0.426882–1.11575 · 0.17 % 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

Lowers the risk

Equity (signed log)0.3×1.04139–3.39915 · 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
Filing delay of last accounts (days)0.6×145–177 · 0.03 % became insolvent
Late filings0.7×0–1 · 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
16521497 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
17 Jun 2022 (4 years)
Registered address
10134 Tallinn
County
Harju County
Activity
47741 Meditsiini- ja ortopeediakaupade jaemüük spetsialiseeritud kauplustes
Industry
Retail trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202321 Jun 2024€63k −€41k€1,496€58k €56k€28k2
31 Dec 202229 May 2023€76k −€8,975€1,321€7,765 €6,444–1

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

Similar companies in Harju County

Questions about Velstand Solutions OÜ

What is the registry code of Velstand Solutions OÜ?

Velstand Solutions OÜ is registered under registry code 16521497 in the official register of Estonia. View it at the official register.

Is Velstand Solutions OÜ still active?

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

Has Velstand Solutions OÜ gone bankrupt or into insolvency?

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

How likely is Velstand Solutions OÜ to become insolvent?

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

When was Velstand Solutions OÜ founded?

Velstand Solutions OÜ was incorporated on 17 Jun 2022.

Where is Velstand Solutions OÜ registered?

Velstand Solutions OÜ's registered address is in 10134 Tallinn (Harju County), Estonia.

What do the latest accounts of Velstand Solutions OÜ show?

The latest published accounts (period ending 31 Dec 2023) show equity of €1,496, total assets of €58k, turnover of €63k, a result of −€41k, 2 employees.

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