Norekar OÜ

Registry code 16661790 · Active (R Registrisse kantud)

Norekar OÜ is an osaühing registered in Kambja vald, Estonia, incorporated on 25 Jan 2023. Its registered activity is küttepuude tootmine. Its latest published accounts for the period ending 31 Dec 2023 show equity of −€6,602, total assets of €9,848, turnover of €8,607, a result of −€9,102. It has filed 1 set of accounts. Our model estimates a 0.10 % probability that it becomes insolvent within 12 months, 2.3 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.10 %
High risk
Lowest riskHighest risk

Higher than 91 % of active companies in Estonia. 2.3× the average annual insolvency rate (0.04 %).

Raises the risk

Equity ratio5.2×< 0.0723788 · 0.22 % became insolvent
Negative equity5.0×1 · 0.22 % became insolvent
Cash ÷ assets4.0×< 0.00706832 · 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

Total assets (log)0.2×3.5432–4.27814 · 0.01 % became insolvent
Turnover (log)0.3×3.00043–4.15232 · 0.01 % became insolvent
Share of filings late0.6×0–0.166667 · 0.03 % became insolvent
Filing delay of last accounts (days)0.6×< 78 · 0.03 % became insolvent
Late filings0.7×0–1 · 0.03 % became insolvent
Employees0.8×1–2 · 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
16661790 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
25 Jan 2023 (4 years)
Registered address
61714 Kambja vald
County
Tartu County
Activity
02202 Küttepuude tootmine
Industry
Forestry and logging
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202327 Feb 2024€8,607 −€9,102−€6,602€9,848 €16k€01

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

Similar companies in Tartu County

Questions about Norekar OÜ

What is the registry code of Norekar OÜ?

Norekar OÜ is registered under registry code 16661790 in the official register of Estonia. View it at the official register.

Is Norekar OÜ still active?

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

Has Norekar OÜ gone bankrupt or into insolvency?

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

How likely is Norekar OÜ to become insolvent?

Our model estimates a 0.10 % probability that Norekar OÜ becomes insolvent within the next 12 months (high risk). That is higher than 91 % of active companies in Estonia.

When was Norekar OÜ founded?

Norekar OÜ was incorporated on 25 Jan 2023.

Where is Norekar OÜ registered?

Norekar OÜ's registered address is in 61714 Kambja vald (Tartu County), Estonia.

What do the latest accounts of Norekar OÜ show?

The latest published accounts (period ending 31 Dec 2023) show equity of −€6,602, total assets of €9,848, turnover of €8,607, a result of −€9,102, 1 employees.

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