Thermas OÜ

Registry code 16630364 · Active (R Registrisse kantud)

Thermas OÜ is an osaühing registered in Otepää vald, Estonia, incorporated on 12 Dec 2022. Its registered activity is päevaspaa, massaažisalongide ja saunade tegevus. Its latest published accounts for the period ending 31 Dec 2025 show equity of €941, total assets of €1,714, turnover of €8,371, a result of €2. It has filed 3 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

Accounts type3.2×small · 0.14 % became insolvent
Operating margin2.6×-0.034587–0.0634372 · 0.11 % became insolvent
Current ratio2.0×1.11575–2.76653 · 0.09 % became insolvent
Accounts filed1.5×0–5 · 0.07 % became insolvent
Current liabilities ÷ assets1.3×0.125535–0.457461 · 0.06 % became insolvent
Legal form1.2×Osaühing · 0.05 % became insolvent

Lowers the risk

Cash ÷ assets0.1×≥ 1 · 0.00 % became insolvent
Total assets (log)0.1×2.84323–3.5432 · 0.00 % became insolvent
Industry0.2×96 · 0.01 % became insolvent
Turnover (log)0.3×3.00043–4.15232 · 0.01 % became insolvent
Equity (signed log)0.3×1.04139–3.39915 · 0.01 % became insolvent
Share of filings late0.6×0–0.166667 · 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
16630364 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
12 Dec 2022 (4 years)
Registered address
67404 Otepää vald
County
Valga County
Activity
96231 Päevaspaa, massaažisalongide ja saunade tegevus
Industry
Other personal service activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202513 Feb 2026€8,371 €2€941€1,714 €773€1,7141
31 Dec 202414 Mar 2025€7,545 €252€939€939 €0€8940
31 Dec 202326 Feb 2024€5,865 −€563€687€1,523 €836€1,5230

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

Similar companies in Valga County

Questions about Thermas OÜ

What is the registry code of Thermas OÜ?

Thermas OÜ is registered under registry code 16630364 in the official register of Estonia. View it at the official register.

Is Thermas OÜ still active?

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

Has Thermas OÜ gone bankrupt or into insolvency?

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

How likely is Thermas OÜ to become insolvent?

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

When was Thermas OÜ founded?

Thermas OÜ was incorporated on 12 Dec 2022.

Where is Thermas OÜ registered?

Thermas OÜ's registered address is in 67404 Otepää vald (Valga County), Estonia.

What do the latest accounts of Thermas OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €941, total assets of €1,714, turnover of €8,371, a result of €2, 1 employees.

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