Fest Area OÜ

Registry code 16724467 · Active (R Registrisse kantud)

Fest Area OÜ is an osaühing registered in Setomaa vald, Estonia, incorporated on 25 Apr 2023. Its registered activity is mujal liigitamata kultuuri- ja vaba aja kaupade jaemüük. Its latest published accounts for the period ending 31 Dec 2025 show equity of €500, total assets of €500, turnover of €16k, a result of €0. It has filed 3 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 33 % of active companies in Estonia. 0.1× the average annual insolvency rate (0.04 %).

Raises the risk

Cash ÷ assets4.0×< 0.00706832 · 0.17 % became insolvent
Operating margin2.6×-0.034587–0.0634372 · 0.11 % became insolvent
Equity change ÷ assets1.7×< -0.398679 · 0.08 % became insolvent
Accounts filed1.5×0–5 · 0.07 % became insolvent
Turnover growth1.3×-0.311768–-2.01156e-05 · 0.05 % became insolvent
Filing delay of last accounts (days)1.2×181–229 · 0.05 % became insolvent

Lowers the risk

Total assets (log)0.1×< 2.84323 · 0.00 % became insolvent
Accounts type0.1×micro · 0.01 % became insolvent
Equity ratio0.2×≥ 1 · 0.01 % became insolvent
Current liabilities ÷ assets0.3×0–0.0109453 · 0.01 % became insolvent
Equity (signed log)0.3×1.04139–3.39915 · 0.01 % became insolvent
Turnover (log)0.4×4.15232–4.77944 · 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
16724467 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
25 Apr 2023 (4 years)
Registered address
64320 Setomaa vald
County
Võru County
Activity
47691 Mujal liigitamata kultuuri- ja vaba aja kaupade jaemüük
Industry
Retail trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202530 Jun 2026€16k €0€500€500 €0€00
31 Dec 202429 Jun 2025€22k €1,251€1,751€1,751 €0€1,2510
31 Dec 202330 Jun 2024€5,484 €9€3,167€3,167 €0–0

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

Similar companies in Võru County

Questions about Fest Area OÜ

What is the registry code of Fest Area OÜ?

Fest Area OÜ is registered under registry code 16724467 in the official register of Estonia. View it at the official register.

Is Fest Area OÜ still active?

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

Has Fest Area OÜ gone bankrupt or into insolvency?

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

How likely is Fest Area OÜ to become insolvent?

Our model estimates a 0.00 % probability that Fest Area OÜ becomes insolvent within the next 12 months (low risk). That is higher than 33 % of active companies in Estonia.

When was Fest Area OÜ founded?

Fest Area OÜ was incorporated on 25 Apr 2023.

Where is Fest Area OÜ registered?

Fest Area OÜ's registered address is in 64320 Setomaa vald (Võru County), Estonia.

What do the latest accounts of Fest Area OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €500, total assets of €500, turnover of €16k, a result of €0, 0 employees.

Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 7 Nov 2026.