Apartment association · Maardu linn

Orumetsa tn 4 apartment association

Maardu linn, Orumetsa tn 4 korteriühistu (registry code 80535778) manages a 2-storey brick building built in 1955 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €3,465 in cash. The report shows no long-term liabilities.

Board

  • IOIrena Obramboard member7 years 6 months
  • NLNatalja Lernerboard member5 years 2 months
D
Association grade
D · below average
Maardu linn: ranked 133 of 146 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementgood
reports filed on time

Building

Built
1955
Storeys
2
Construction
brick
Flats
8
Lift
no
Heating
district heating

Building page: Orumetsa tn 4 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€3,465
€9/m² · similar €21/m²
Income per m² a month
€1.60
similar buildings €2.91

Compared with similar buildings: Maardu linn, built 1950–1960, brick (46 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€3,057€3,465€7,528€0
2024€0€6,473€7,409€2,188€0
2023€0€5,006€5,677€2,288€0
2022€0€3,853€4,586€1,829€0
2021€0€2,249€1,703€6,195€0
2020€0€4,056€4,630€1,039€0
2019€0€1,760€2,805€1,400€0

Of similar buildings (Maardu linn, built 1950–1960, brick; 46 associations), 59% 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.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AKeemikute tn 23 // Orumetsa tn 21955 · 8 flats€30,144€1,6642025
AOrumetsa tn 61960 · 8 flats€49,187€23,2782025
AOrumetsa tn 31956 · 8 flats€26,051€3,3472025
BKeemikute tn 21 // Orumetsa tn 11956 · 12 flats€51,603€4,3402025
–Orumetsa tn 101956 · 8 flatsno reports
EKallasmaa tn 201961 · 24 flats€15,056€17,5652024
CKeemikute tn 271955 · 4 flats€0€31,5382025
COrumetsa tn 71956 · 8 flats€9,853€9,7192025

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 €3,465.

When was the building built?

According to the building register, it was first used in 1955 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Irena Obram, Natalja Lerner (board since 16.04.2019).

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.