Magic Software OÜ

Registry code 16979753 · Active (R Registrisse kantud)

Magic Software OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 3 May 2024. Its registered activity is arvutialased konsultatsioonid. Its latest published accounts for the period ending 31 Dec 2025 show equity of €164k, total assets of €164k, turnover of €115k, a result of €96k. It has filed 2 sets of accounts. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.7 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 87 % of active companies in Estonia. 0.7× the average annual insolvency rate (0.04 %).

Raises the risk

Cash ÷ assets4.0×< 0.00706832 · 0.17 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Total assets (log)2.5×4.98561–5.65704 · 0.11 % became insolvent
Equity (signed log)2.2×4.77424–5.46198 · 0.09 % became insolvent
Turnover growth1.6×0.31442–1.31618 · 0.07 % became insolvent
Accounts filed1.5×0–5 · 0.07 % became insolvent

Lowers the risk

Current ratio0.2×≥ 10 · 0.01 % became insolvent
Equity ratio0.2×0.865495–1 · 0.01 % became insolvent
Current liabilities ÷ assets0.3×0–0.0109453 · 0.01 % became insolvent
Return on assets0.4×≥ 0.54679 · 0.02 % became insolvent
Industry0.5×62 · 0.02 % became insolvent
Operating margin0.5×0.329898–0.747628 · 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
16979753 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
3 May 2024 (3 years)
Registered address
15551 Tallinn
County
Harju County
Activity
62201 Arvutialased konsultatsioonid
Industry
Computer programming and consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202520 Mar 2026€115k €96k€164k€164k €216€01
31 Dec 20246 May 2025€81k €68k€68k€68k €0€68k0

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

Similar companies in Harju County

Questions about Magic Software OÜ

What is the registry code of Magic Software OÜ?

Magic Software OÜ is registered under registry code 16979753 in the official register of Estonia. View it at the official register.

Is Magic Software OÜ still active?

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

Has Magic Software OÜ gone bankrupt or into insolvency?

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

How likely is Magic Software OÜ to become insolvent?

Our model estimates a 0.03 % probability that Magic Software OÜ becomes insolvent within the next 12 months (low risk). That is higher than 87 % of active companies in Estonia.

When was Magic Software OÜ founded?

Magic Software OÜ was incorporated on 3 May 2024.

Where is Magic Software OÜ registered?

Magic Software OÜ's registered address is in 15551 Tallinn (Harju County), Estonia.

What do the latest accounts of Magic Software OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €164k, total assets of €164k, turnover of €115k, a result of €96k, 1 employees.

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