Apartment association · Maardu linn
Ringi tn 11 apartment association
Maardu linn, Ringi tn 11 korteriühistu (registry code 80065019) manages a 5-storey panel building built in 1973 with 76 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €7,668 in cash. The report shows no long-term liabilities.
Board
- AAAivar Aarikboard member8 years
- MGMihhail Grišinboard member8 years
- SSSergei Sergejenkovboard member8 years 9 monthsalso: Ringi tn 56, Veeru tn 4, Veeru tn 8
- SGStepan Gudkovboard member8 years 9 months
- VOVladimir Orlovboard member8 years 9 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferweak
- cash per m², 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1973
- Storeys
- 5
- Construction
- panel
- Flats
- 76
- Lift
- no
- Heating
- district heating
- A
- B
- C
- DD
- E
- F
- G
- H
Compared with similar buildings: Maardu linn, built 1968–1978 (26 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €14,842 | €7,668 | €117,503 | €0 |
| 2024 | €0 | €13,848 | €6,665 | €127,965 | €0 |
| 2023 | €0 | €27,311 | €19,595 | €125,719 | €0 |
| 2022 | €0 | €44,115 | €5,146 | €166,523 | €0 |
| 2021 | €704 | €47,608 | €9,623 | €126,399 | €0 |
| 2020 | €9,686 | €46,655 | €2,350 | €106,284 | €0 |
| 2019 | €25,258 | €41,418 | €173 | €112,591 | €0 |
Of similar buildings (Maardu linn, built 1968–1978; 26 associations), 35% have long-term liabilities; this association has none.
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,658–€1,658 per m².
Estate agents in Maardu · Flat prices in Maardu
Estate agents who have offered flats in this building
- Irina EssersEssi OÜ1 flat
What is your flat worth?
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Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Ringi tn 131981 · 76 flats | €187,063 | €222,690 | 2025 |
| B | Ringi tn 51978 · 48 flats | €644,184 | €58,475 | 2025 |
| C | Ringi tn 91988 · 48 flats | €0 | €31,738 | 2025 |
| D | Ringi tn 31988 · 48 flats | €0 | €12,828 | 2025 |
| B | Ringi tn 171988 · 76 flats | €0 | €121,277 | 2025 |
| C | Keemikute tn 41977 · 76 flats | €11,090 | €25,281 | 2025 |
| – | Keemikute tn 81971 · 103 flats | no reports | ||
| A | Haigla tn 51975 · 40 flats | €23,237 | €26,942 | 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 €7,668.
When was the building built?
According to the building register, it was first used in 1973 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Aivar Aarik, Mihhail Grišin, Sergei Sergejenkov, Stepan Gudkov, Vladimir Orlov (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.