Apartment association · Narva linn
Kivilinna tn 12 apartment association
Narva linn, Kivilinna tn 12 korteriühistu (registry code 80170609) manages a 5-storey panel building built in 1993 with 90 flats. According to its 2025 annual report, the association's long-term liabilities were €196,865 (€47 per m² of flat space) and it held €21,462 in cash. Long-term liabilities have fallen 27% since 2019.
Board
- AKAndrey Kuznetsovboard member4 years 8 months
- MNMarina Nilssonboard member8 years 9 monthsalso: A. Puškini tn 45, Tallinna mnt 63
- STSvetlana Tulzakovaboard member7 years 8 months
- TSTatjana Sivoželezovaboard member7 years 8 months
- House conditiongood
- 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
- Managementgood
- reports filed on time
Building
- Built
- 1993
- Storeys
- 5
- Construction
- panel
- Flats
- 90
- Lift
- no
- Heating
- district heating
- Renovated
- 2018
Works on the building
per the building register's energy certificate
per the building register
- A
- BBvalid until 18.02.2035
- C
- D
- E
- FF2009
- G
- H
Building page: Kivilinna tn 12 →
Compared with similar buildings: Narva linn, built 1988–1998, panel (23 associations).
Finances by year
Loan principal repayment is an estimated €0.25 per m² of flat space a month, about €13 a month for a 50 m² flat (interest not included) — less than 82% of associations repaying a loan. The median is €0.52 in Estonia and €0.22 in Narva linn. At the current pace the loan will be repaid around 2041.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €196,865 | €27,113 | €21,462 | €37,220 | €17,880 |
| 2024 | €210,742 | €24,038 | €20,140 | €34,893 | €14,710 |
| 2023 | €217,848 | €25,247 | €24,228 | €54,944 | €13,991 |
| 2022 | €229,974 | €19,483 | €23,690 | €52,834 | €13,771 |
| 2021 | €242,959 | €19,783 | €22,552 | €51,084 | €14,077 |
| 2020 | €255,939 | €17,977 | €38,110 | €95,628 | €13,526 |
| 2019 | €268,613 | €21,096 | €3,493 | €54,862 | €12,041 |
Compared with similar buildings (Narva linn, built 1988–1998, panel; 23 associations), long-term liabilities per m² of flat space are higher than 78% of them. The median for buildings with a loan is €43/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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Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Kivilinna tn 181990 · 90 flats | €0 | €65,215 | 2025 |
| C | Kivilinna tn 161989 · 89 flats | €0 | €13,865 | 2025 |
| D | Kivilinna tn 41990 · 90 flats | €0 | €856 | 2025 |
| D | A. Puškini tn 652006 · 90 flats | €0 | €4,047 | 2025 |
| C | Kivilinna tn 91987 · 107 flats | €0 | €59,931 | 2025 |
| A | Kangelaste prospekt 392006 · 27 flats | €0 | €6,798 | 2025 |
| C | Rahu tn 461988 · 90 flats | €0 | €27,705 | 2025 |
| D | Rahu tn 441988 · 90 flats | €0 | €26,469 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €196,865 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 €21,462.
When was the building built?
According to the building register, it was first used in 1993 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Andrey Kuznetsov, Marina Nilsson, Svetlana Tulzakova, Tatjana Sivoželezova (board since 07.01.2018).
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.