Novel Design OÜ

Registry code 17160239 · Active (R Registrisse kantud)

Novel Design OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 21 Jan 2025. Its registered activity is spetsialiseerimata hulgimüügi vahendusteenus. Its latest published accounts for the period ending 31 Dec 2025 show equity of €77k, total assets of €93k, turnover of €278k, a result of €77k. It has filed 1 set 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 ÷ assets2.8×0.00706832–0.0665793 · 0.12 % became insolvent
Industry2.6×46 · 0.11 % became insolvent
Equity (signed log)2.2×4.77424–5.46198 · 0.09 % became insolvent
Accounts filed1.5×0–5 · 0.07 % became insolvent
Turnover (log)1.4×4.77944–5.4665 · 0.06 % became insolvent
Current liabilities ÷ assets1.3×0.125535–0.457461 · 0.06 % became insolvent

Lowers the risk

Accounts type0.1×micro · 0.01 % became insolvent
Return on assets0.4×≥ 0.54679 · 0.02 % became insolvent
Total assets (log)0.5×4.27814–4.98561 · 0.02 % became insolvent
Share of filings late0.6×0–0.166667 · 0.03 % became insolvent
Late filings0.7×0–1 · 0.03 % became insolvent
Days since last period end0.7×260–365 · 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
17160239 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
21 Jan 2025 (2 years)
Registered address
10414 Tallinn
County
Harju County
Activity
46191 Spetsialiseerimata hulgimüügi vahendusteenus
Industry
Wholesale 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€278k €77k€77k€93k €16k€8441

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

Similar companies in Harju County

Questions about Novel Design OÜ

What is the registry code of Novel Design OÜ?

Novel Design OÜ is registered under registry code 17160239 in the official register of Estonia. View it at the official register.

Is Novel Design OÜ still active?

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

Has Novel Design OÜ gone bankrupt or into insolvency?

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

How likely is Novel Design OÜ to become insolvent?

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

When was Novel Design OÜ founded?

Novel Design OÜ was incorporated on 21 Jan 2025.

Where is Novel Design OÜ registered?

Novel Design OÜ's registered address is in 10414 Tallinn (Harju County), Estonia.

What do the latest accounts of Novel Design OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €77k, total assets of €93k, turnover of €278k, a result of €77k, 1 employees.

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