Apartment association · Tallinn

Kivinuka tn 12 apartment association

Tallinn, Kivinuka tn 12 korteriühistu (registry code 80589567) manages a 3-storey panel building built in 2021 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €3,757 in cash. The report shows no long-term liabilities.

Board

The association is run by Lahendus+ OÜ.

A
Association grade
A · very good
Tallinn: ranked 40 of 4,374 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
2021
Storeys
3
Construction
panel
Flats
12
Lift
no
Heating
district heating
Energy class
  • AAvalid until 04.05.2033
  • B
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Kivinuka tn 12 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€3,757
€5/m² · similar €6/m²
Income per m² a month
€2.64
similar buildings €1.20

Compared with similar buildings: Tallinn, built 2016–2026, panel (124 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€2,068€3,757€24,365€0
2024€0€1,932€1,865€23,909€0
2023€0€2,382€139€22,616€0
2022€0€2,192€481€22,580€0
2021€0€2,206€715€12,745€0
2020€0€0€0€0€0

Of similar buildings (Tallinn, built 2016–2026, panel; 124 associations), 5% have long-term liabilities; this association has none.

Flats in this building

1 flat was offered for rent at €750 a month.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AKivinuka tn 142022 · 12 flats€0€4,5962025
AKivinuka tn 102021 · 12 flats€0€4,2002025
AKivinuka tn 162022 · 12 flats€0€3,9512025
AKivinuka tn 82021 · 12 flats€0€4,8202025
AKivinuka tn 62020 · 12 flats€0€6,2662025
AKivinuka tn 182022 · 5 flats€0€2,5002025
BKivinuka tn 42020 · 12 flats€0€3,9812025
AKivinuka tn 202022 · 5 flats€0€1,9692025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €3,757.

When was the building built?

According to the building register, it was first used in 2021 and has 3 storeys.

Who is on the association's board?

According to the business register, the association is run by Lahendus+ 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, 2020–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.