Apartment association · Rakvere linn
Laada tn 4 apartment association
Rakvere linn, Laada tn 4 korteriühistu (registry code 80180341) manages a 5-storey panel building built in 1971 with 58 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €149,215 in cash. The report shows no long-term liabilities.
Board
- KRKarl-Jaagup Rõngasboard member3 years 2 months
- KSKersti Soosaluboard member8 years 9 months
- LLLia Lassboard member8 years 9 months
- VVVeiko Vassiljevboard member8 years 9 monthsalso: Heina tn 12, Jõe tn 6, Kauba tn 6, L. Koidula tn 3 + 11 more
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash buffergood
- cash per m², 3-year average
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1971
- Storeys
- 5
- Construction
- panel
- Flats
- 58
- Lift
- no
- Heating
- district heating
- A
- B
- C
- DDvalid until 24.08.2035
- E
- F
- G
- H
Compared with similar buildings: Rakvere linn, built 1966–1976, panel (17 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €170,534 | €149,215 | €17,287 | €2,359 |
| 2024 | €6,068 | €108,335 | €82,870 | €15,665 | €2,766 |
| 2023 | €16,028 | €41,341 | €14,895 | €19,590 | €2,760 |
| 2022 | €25,240 | €24,247 | €5,130 | €19,971 | €2,258 |
| 2021 | €34,029 | €21,729 | €3,051 | €26,888 | €2,007 |
| 2020 | €42,778 | €31,613 | €13,678 | €15,770 | €2,007 |
| 2019 | €51,275 | €33,711 | €13,225 | €15,054 | €1,915 |
Of similar buildings (Rakvere linn, built 1966–1976, panel; 17 associations), 82% have long-term liabilities; this association has none.
Flats in this building
Over the last 12 months 3 flats have been for sale in this building, asking €1,382–€1,575 per m². 2 flats were offered for rent at €200–€350 a month.
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Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Laada tn 61970 · 59 flats | €0 | €151,748 | 2025 |
| E | Laada tn 51948 · 13 flats | €0 | €0 | 2025 |
| E | Lai tn 51960 · 17 flats | €166,695 | €23,638 | 2025 |
| D | Lai tn 31948 · 6 flats | €0 | €9,517 | 2025 |
| B | Posti tn 131966 · 32 flats | €25,741 | €9,091 | 2025 |
| C | Rohuaia tn 181974 · 12 flats | €126,739 | €1,570 | 2025 |
| B | Lai tn 81948 · 8 flats | €0 | €3,448 | 2025 |
| A | Lai tn 1 // Tallinna tn 161975 · 36 flats | €0 | €68,342 | 2025 |
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 €149,215.
When was the building built?
According to the building register, it was first used in 1971 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Karl-Jaagup Rõngas, Kersti Soosalu, Lia Lass, Veiko Vassiljev (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.