Apartment association · Annikoru küla, Elva vald

Annikoru tee 22 apartment association

Elva vald, Annikoru küla, Annikoru tee 22 korteriühistu (registry code 80084904) manages a 3-storey panel building built in 1975 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €67,295 (€65 per m² of flat space) and it held €30,120 in cash. Long-term liabilities have fallen 35% since 2019.

Board

The association is run by Orven OÜ.

B
Association grade
B · good
Elva vald: ranked 28 of 125 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1975
Storeys
3
Construction
panel
Flats
18
Lift
no
Heating
stove

Works on the building

Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.

The building has been fully renovated
The ads say
  • „Müüa heas korras ahiküttega korter renoveeritud kortermajas.“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

Building page: Annikoru tee 22 →

Long-term liabilities
€67,295
as of 31.12.2025
Liabilities per m²
€65
similar buildings with a renovation loan €77
Cash
€30,120
€29/m² · similar €15/m²
Income per m² a month
€0.61
similar buildings €0.60

Compared with similar buildings: Elva vald, built 1970–1980 (34 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
101 €/m²201995 €/m²202089 €/m²202183 €/m²202278 €/m²202372 €/m²202465 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.47 per m² of flat space a month, about €24 a month for a 50 m² flat (interest not included) — about average for associations repaying a loan. The median is €0.52 in Estonia and €0.67 in Elva vald. At the current pace the loan will be repaid around 2037.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€67,295€37,560€30,120€7,499€0
2024€74,470€35,323€27,855€9,595€0
2023€80,661€34,127€29,218€8,654€0
2022€86,101€33,034€29,526€5,541€0
2021€91,351€31,028€26,440€5,655€0
2020€97,905€27,873€21,751€5,987€0
2019€104,223€29,635€20,275€5,146€0

Compared with similar buildings (Elva vald, built 1970–1980; 34 associations), long-term liabilities per m² of flat space are higher than 62% of them. The median for buildings with a loan is €72/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €692–€692 per m².

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Annikoru tee 22 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CElva vald, Annikoru küla, Annikoru tee 20, Satviie korteriühistu2002 · 18 flats€19,048€19,2132025
EAnnikoru tee 18Annikoru küla1975 · 12 flats€0€1,1072025
DAnnikoru tee 9Annikoru küla1970 · 10 flats€0€5492025
CElva vald, Annikoru küla, Annikoru tee 10, Annikoru tee 5, Rahu kergliiklustee L6 korteriühistu2002 · 6 flats€0€4,1702025
EAnnikoru tee 6Annikoru küla2002 · 8 flats€47,450€50,6922025
BAnnikoru tee 8Annikoru küla, Annikoru tee 3, Annikoru tee 4a1995 · 6 flats€0€8,3382025
CElva vald, Annikoru küla, Annikoru tee 4, Tipsi korteriühistu1986 · 8 flats€0€58,9272025
BAnnikoru tee 2Annikoru küla, Annikoru tee 11989 · 18 flats€0€78,3612025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €67,295 of long-term liabilities. The report's key figures do not separate a bank loan from a renovation grant — the association's own statement gives the exact loan balance.

How much cash does the association have?

At the end of 2025 the association held €30,120.

When was the building built?

According to the building register, it was first used in 1975 and has 3 storeys.

Who is on the association's board?

According to the business register, the association is run by Orven OÜ.

How is the association grade calculated?

The A–E grade is built from public data and compares the association with all apartment associations in Estonia. House condition (40%) takes the building's age into account – a new house needs no renovation – along with the energy certificate and the works on the building that its flats' sale ads describe (sellers' and brokers' unverified claims) – the more works (facade, roof, pipes, heating and so on), the better; in an older building, a loan taken for renovation also counts as investment. Loan affordability (30%) shows how many years of income the long-term liabilities equal – up to three years is entirely normal. Cash buffer (10%) is cash per m² of flat space averaged over the last three year-ends: without a loan a bigger buffer is better; with a loan a moderate one is enough. Management (20%) shows whether the last three years' reports were filed, and on time, with extra points for a professional manager. A loan is not bad in itself: in an older building it usually means the house has been renovated. The grade is updated weekly.

Where does the data come from?

Finances: business register open data (annual-report key figures, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.