Apartment association · Tallinn
Majaka tn 56 apartment association
Tallinn, Majaka tn 56 korteriühistu (registry code 80043288) manages a 3-storey brick building built in 1950 with 19 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €14,646 in cash. The report shows no long-term liabilities.
Board
- MRMaksim Rõbakovboard member8 years 9 months
- House conditionweak
- 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
Building
- Built
- 1950
- Storeys
- 3
- Construction
- brick
- Flats
- 19
- Lift
- no
- Heating
- district heating
Compared with similar buildings: Tallinn, built 1945–1955, brick (149 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €17,357 | €14,646 | €13,780 | €3,947 |
| 2024 | €0 | €23,000 | €18,295 | €25,311 | €4,126 |
| 2023 | €29,216 | €8,642 | €31,740 | €15,931 | €4,144 |
| 2022 | €34,077 | €15,556 | €44,008 | €24,816 | €4,049 |
| 2021 | €47,481 | €5,813 | €49,012 | €17,517 | €3,591 |
| 2020 | €53,881 | €3,089 | €55,410 | €7,003 | €3,401 |
| 2019 | €29,052 | €3,078 | €49,015 | €7,405 | €3,401 |
Of similar buildings (Tallinn, built 1945–1955, brick; 149 associations), 43% have long-term liabilities; this association has none.
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
What is your flat worth?
An estimate for a flat at Majaka tn 56 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Peterburi tee 131950 · 20 flats | €0 | €61,787 | 2025 |
| E | Majaka tn 541940 · 13 flats | €0 | €10,200 | 2024 |
| – | Majaka tn 591941 · 8 flats | €10,533 | €12,402 | 2021 |
| C | Majaka tn 571941 · 8 flats | €19,436 | €1,017 | 2025 |
| C | Majaka tn 551950 · 12 flats | €100,125 | €11,516 | 2025 |
| C | Majaka tn 521941 · 8 flats | €0 | €54,257 | 2025 |
| C | Peterburi tee 111950 · 14 flats | €138,045 | €7,295 | 2025 |
| D | Peterburi tee 41959 · 28 flats | €0 | €40,594 | 2024 |
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 €14,646.
When was the building built?
According to the building register, it was first used in 1950 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Maksim Rõbakov (board since 30.12.2017).
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.