Apartment association · Pärnu linn
Nikolai tn 21 apartment association
Pärnu linn, Nikolai tn 21 korteriühistu (registry code 80446787) manages a 3-storey wooden building built in 1925 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €31,549 (€68 per m² of flat space) and it held €3,316 in cash. In 2021 long-term liabilities rose from €0 to €39,915 — usually a sign of a renovation.
Board
- IKIlmar Kukkboard member6 years 7 monthsalso: Aisa tn 2, J. V. Jannseni tn 9, Kooli tn 67, Kooli tn 69 + 7 more
- KKKristel-Liis Kaunismaaboard member6 years 7 months
- OAOlli Antero Ronimusboard member6 years 7 months
- House conditionaverage
- 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 · professional manager
Building
- Built
- 1925
- Storeys
- 3
- Construction
- wood
- Flats
- 8
- Lift
- no
- Heating
- district heating
Building page: Nikolai tn 21 →
Compared with similar buildings: Pärnu linn, built 1920–1930 (21 associations).
Finances by year
Loan principal repayment is an estimated €0.39 per m² of flat space a month, about €20 a month for a 50 m² flat (interest not included) — less than 66% of associations repaying a loan. The median is €0.52 in Estonia and €0.48 in Pärnu linn. At the current pace the loan will be repaid around 2040.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €31,549 | €6,799 | €3,316 | €1,424 | €0 |
| 2024 | €34,057 | €6,525 | €3,260 | €81 | €0 |
| 2023 | €36,182 | €4,821 | €973 | €6,142 | €0 |
| 2022 | €37,729 | €10,025 | €5,781 | €2,771 | €0 |
| 2021 | €39,915 | €3,785 | €7,584 | €68,761 | €0 |
| 2020 | €0 | €851 | €51 | €3,102 | €0 |
Compared with similar buildings (Pärnu linn, built 1920–1930; 21 associations), long-term liabilities per m² of flat space are higher than 86% of them. The median for buildings with a loan is €26/m².
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 Nikolai tn 21 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Ringi tn 18 | €98,027 | €8,410 | 2025 |
| – | Esplanaadi tn 101974 | €0 | €22,514 | 2025 |
| – | Esplanaadi tn 141845 | no reports | ||
| – | Vee tn 231928 · 6 flats | no reports | ||
| – | Pärna tn 1a2012 · 5 flats | €0 | €429 | 2022 |
| – | Esplanaadi tn 181999 · 6 flats | no reports | ||
| B | Supeluse tn 71999 · 12 flats | €0 | €6,347 | 2025 |
| – | Supeluse tn 9 | €0 | €9,502 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €31,549 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 €3,316.
When was the building built?
According to the building register, it was first used in 1925 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Ilmar Kukk, Kristel-Liis Kaunismaa, Olli Antero Ronimus (board since 11.03.2020).
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.