Technically Correct OÜ

Registry code 16768430 · Active (R Registrisse kantud)

Technically Correct OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 30 Jun 2023. Its registered activity is programmeerimine. Its latest published accounts for the period ending 31 Dec 2024 show equity of €76k, total assets of €76k, turnover of €235k, a result of €35k. It has filed 2 sets of accounts, 2 of them after the deadline. 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

Cash ÷ assets4.0×< 0.00706832 · 0.17 % became insolvent
Filing delay of last accounts (days)3.8×≥ 229 · 0.16 % became insolvent
Days since last period end3.5×≥ 598 · 0.15 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Share of filings late2.6×≥ 0.833333 · 0.11 % became insolvent
Equity (signed log)2.2×4.77424–5.46198 · 0.09 % became insolvent

Lowers the risk

Equity ratio0.2×≥ 1 · 0.01 % became insolvent
Industry0.5×62 · 0.02 % became insolvent
Total assets (log)0.5×4.27814–4.98561 · 0.02 % became insolvent
Return on assets0.7×0.180779–0.54679 · 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
16768430 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
30 Jun 2023 (3 years)
Registered address
10145 Tallinn
County
Harju County
Activity
62101 Programmeerimine
Industry
Computer programming and consultancy
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202429 Aug 2025€235k €35k€76k€76k –€141
31 Dec 202329 Aug 2025€107k €41k€41k€41k –€37k1

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

Similar companies in Harju County

Questions about Technically Correct OÜ

What is the registry code of Technically Correct OÜ?

Technically Correct OÜ is registered under registry code 16768430 in the official register of Estonia. View it at the official register.

Is Technically Correct OÜ still active?

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

Has Technically Correct OÜ gone bankrupt or into insolvency?

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

How likely is Technically Correct OÜ to become insolvent?

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

When was Technically Correct OÜ founded?

Technically Correct OÜ was incorporated on 30 Jun 2023.

Where is Technically Correct OÜ registered?

Technically Correct OÜ's registered address is in 10145 Tallinn (Harju County), Estonia.

What do the latest accounts of Technically Correct OÜ show?

The latest published accounts (period ending 31 Dec 2024) show equity of €76k, total assets of €76k, turnover of €235k, a result of €35k, 1 employees.

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