Apartment association · Lepna alevik, Rakvere vald

Lasteaia tn 2 apartment association

Rakvere vald, Lepna alevik, Lasteaia tn 2 korteriühistu (registry code 80082182) manages a 3-storey panel building with 24 flats. According to its 2025 annual report, the association's long-term liabilities were €405,882 (€270 per m² of flat space) and it held €24,165 in cash. In 2022 long-term liabilities rose from €0 to €424,964 — usually a sign of a renovation.

Board

E
Association grade
E · weak
Rakvere vald: ranked 64 of 69 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilityweak
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Storeys
3
Construction
panel
Flats
24
Lift
no
Heating
stove
Renovated
2023

Works on the building

Reconstructed in 2023: Täielik renoveerimine

per the building register's energy certificate

Energy class
  • A
  • B
  • CCvalid until 29.01.2035
  • D
  • E
  • F
  • G
  • H

Building page: Lasteaia tn 2 →

Long-term liabilities
€405,882
as of 31.12.2025
Liabilities per m²
€270
similar buildings with a renovation loan €125
Cash
€24,165
€16/m² · similar €19/m²
Income per m² a month
€0.60
similar buildings €0.67

Compared with similar buildings: Rakvere vald (69 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²2021283 €/m²new loan2022280 €/m²2023275 €/m²2024270 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.37 per m² of flat space a month, about €19 a month for a 50 m² flat (interest not included) — less than 68% of associations repaying a loan. The median is €0.52 in Estonia and €0.55 in Rakvere vald.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€405,882€35,486€24,165€10,886€3,047
2024€413,496€30,262€19,141€10,120€3,052
2023€420,228€29,590€29,893€5,150€2,829
2022€424,964€25,848€21,363€4,013€2,221
2021€0€58,245€65,785€4,183€3,110
2020€0€35,872€42,595€4,633€3,160
2019€0€35,121€42,832€4,000€1,353

Compared with similar buildings (Rakvere vald; 69 associations), long-term liabilities per m² of flat space are higher than 94% of them. The median for buildings with a loan is €92/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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An estimate for a flat at Lasteaia tn 2 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DLasteaia tn 4Lepna alevik1985 · 16 flats€34,125€23,0732025
DEnergia pst 18Lepna alevik1984 · 24 flats€0€51,4762025
DEnergia pst 16Lepna alevik1979 · 23 flats€58,579€8,1182025
BEnergia pst 14Lepna alevik1984 · 24 flats€0€34,8162025
CEnergia pst 20Lepna alevik1984 · 24 flats€0€39,0512025
–Energia pst 28Lepna alevik1984 · 8 flatsno reports
–Energia pst 30Lepna alevik1984 · 8 flatsno reports
CEnergia pst 34Lepna alevik1984 · 12 flats€10,245€6,7722025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €405,882 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 €24,165.

Who is on the association's board?

According to the business register, the board members are Jaanika Link (board since 21.08.2026).

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.