Apartment association · Kunda linn, Viru-Nigula vald

Ehitajate tn 8 apartment association

Viru-Nigula vald, Kunda linn, Ehitajate tn 8 korteriühistu (registry code 80204490) manages a 2-storey brick building built in 1959 with 14 flats. According to its 2025 annual report, the association's long-term liabilities were €35,375 (€41 per m² of flat space) and it held €10,463 in cash. Long-term liabilities have fallen 54% since 2019.

Board

  • DGDiana Gerbergboard member1 year 1 month
  • NKNaima Kupperboard member4 years 11 months
  • TJTiit Järveboard member4 years 11 months
D
Association grade
D · below average
Viru-Nigula vald: ranked 61 of 87 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1959
Storeys
2
Construction
brick
Flats
14
Lift
no
Heating
district heating

Building page: Ehitajate tn 8 →

Long-term liabilities
€35,375
as of 31.12.2025
Liabilities per m²
€41
similar buildings with a loan €16
Cash
€10,463
€12/m² · similar €13/m²
Income per m² a month
€0.48
similar buildings €0.61

Compared with similar buildings: Viru-Nigula vald, built 1954–1964, brick (27 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
88 €/m²201981 €/m²202073 €/m²202166 €/m²202257 €/m²202349 €/m²202441 €/m²2025

Loan principal repayment is an estimated €0.68 per m² of flat space a month, about €34 a month for a 50 m² flat (interest not included) — more than 67% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2030.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€35,375€21,186€10,463€4,965-€1,325
2024€42,737€17,663€7,356€8,067€1,445
2023€49,926€17,454€6,522€7,795€1,020
2022€56,944€17,906€8,248€4,533€1,156
2021€63,801€14,822€5,299€6,014€1,020
2020€70,776€11,723€255€6,711€951
2019€76,740€10,427€608€7,575€951

Compared with similar buildings (Viru-Nigula vald, built 1954–1964, brick; 27 associations), long-term liabilities per m² of flat space are higher than 93% of them. The median for buildings with a loan is €16/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CEhitajate tn 1Kunda linn1958 · 16 flats€19,976€4,5832025
AMäe tn 18Kunda linn1981 · 60 flats€465,469€24,2052025
DKoidu tn 87Kunda linn1991 · 60 flats€0€41,6542025
BMäe tn 16Kunda linn1980 · 60 flats€0€58,6752025
AMäe tn 22Kunda linn1983 · 60 flats€0€84,6832025
EPargi tn 3Kunda linn1960 · 8 flats€0€712025
BMäe tn 20Kunda linn1983 · 60 flats€43,605€61,0412025
CKoidu tn 85Kunda linn1987 · 60 flats€0€86,2232025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €35,375 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 €10,463.

When was the building built?

According to the building register, it was first used in 1959 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Diana Gerberg, Naima Kupper, Tiit Järve (board since 08.11.2021).

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.