Magic Assets OÜ

Registry code 16830318 · Active (R Registrisse kantud)

Magic Assets OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 2 Oct 2023. Its registered activity is kruusa- ja liivakarjääride tegevus ning savi ja kaoliini kaevandamine. Its latest published accounts for the period ending 31 Dec 2025 show equity of €360k, total assets of €1.1m, turnover of €1.5m, a result of €314k. It has filed 2 sets 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

Turnover (log)7.0×≥ 5.4665 · 0.30 % became insolvent
Total assets (log)5.7×≥ 5.65704 · 0.25 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Industry3.9×8 · 0.17 % became insolvent
Current ratio3.9×0.426882–1.11575 · 0.17 % became insolvent
Equity ratio3.6×0.0723788–0.449429 · 0.16 % became insolvent

Lowers the risk

Share of filings late0.6×0–0.166667 · 0.03 % became insolvent
Late filings0.7×0–1 · 0.03 % became insolvent
Return on assets0.7×0.180779–0.54679 · 0.03 % became insolvent
Days since last period end0.7×260–365 · 0.03 % became insolvent
Filing delay of last accounts (days)0.8×78–145 · 0.03 % became insolvent
Accounts overdue0.8×0 · 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
16830318 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
2 Oct 2023 (3 years)
Registered address
10618 Tallinn
County
Harju County
Activity
08121 Kruusa- ja liivakarjääride tegevus ning savi ja kaoliini kaevandamine
Industry
Other mining and quarrying
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202519 Apr 2026€1.5m €314k€360k€1.1m €417k€92k3
31 Dec 202421 Jan 2025€187k €62k€62k€114k €12k€4,5181

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

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Questions about Magic Assets OÜ

What is the registry code of Magic Assets OÜ?

Magic Assets OÜ is registered under registry code 16830318 in the official register of Estonia. View it at the official register.

Is Magic Assets OÜ still active?

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

Has Magic Assets OÜ gone bankrupt or into insolvency?

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

How likely is Magic Assets OÜ to become insolvent?

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

When was Magic Assets OÜ founded?

Magic Assets OÜ was incorporated on 2 Oct 2023.

Where is Magic Assets OÜ registered?

Magic Assets OÜ's registered address is in 10618 Tallinn (Harju County), Estonia.

What do the latest accounts of Magic Assets OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €360k, total assets of €1.1m, turnover of €1.5m, a result of €314k, 3 employees.

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