Location Systems OÜ

Registry code 17187238 · Active (R Registrisse kantud)

Location Systems OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 28 Feb 2025. Its registered activity is muud infotehnoloogia- ja arvutialased tegevused. Its latest published accounts for the period ending 31 Dec 2025 show equity of −€7,261, total assets of €7,997, a result of −€10k. It has filed 1 set of accounts. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.3 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 79 % of active companies in Estonia. 0.3× the average annual insolvency rate (0.04 %).

Raises the risk

Equity ratio5.2×< 0.0723788 · 0.22 % became insolvent
Negative equity5.0×1 · 0.22 % became insolvent
Current liabilities ÷ assets3.8×≥ 0.881637 · 0.16 % became insolvent
Current ratio3.0×< 0.426882 · 0.13 % became insolvent
Cash ÷ assets2.8×0.00706832–0.0665793 · 0.12 % became insolvent
Equity (signed log)2.7×< 1.04139 · 0.12 % became insolvent

Lowers the risk

Accounts type0.1×micro · 0.01 % became insolvent
Total assets (log)0.2×3.5432–4.27814 · 0.01 % became insolvent
Employees0.4×0–1 · 0.02 % became insolvent
Industry0.5×62 · 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

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
17187238 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
28 Feb 2025 (2 years)
Registered address
12915 Tallinn
County
Harju County
Activity
62901 Muud infotehnoloogia- ja arvutialased tegevused
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 202530 Jun 2026– −€10k−€7,261€7,997 €15k€4510

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

Similar companies in Harju County

Questions about Location Systems OÜ

What is the registry code of Location Systems OÜ?

Location Systems OÜ is registered under registry code 17187238 in the official register of Estonia. View it at the official register.

Is Location Systems OÜ still active?

Yes. Location Systems OÜ is registered as active (status: R Registrisse kantud).

Has Location Systems OÜ gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for Location Systems OÜ in the official data.

How likely is Location Systems OÜ to become insolvent?

Our model estimates a 0.01 % probability that Location Systems OÜ becomes insolvent within the next 12 months (low risk). That is higher than 79 % of active companies in Estonia.

When was Location Systems OÜ founded?

Location Systems OÜ was incorporated on 28 Feb 2025.

Where is Location Systems OÜ registered?

Location Systems OÜ's registered address is in 12915 Tallinn (Harju County), Estonia.

What do the latest accounts of Location Systems OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of −€7,261, total assets of €7,997, a result of −€10k, 0 employees.

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