Apartment association · Sindi linn, Tori vald
Ringi tn 1a apartment association
Tori vald, Sindi linn, Ringi tn 1a korteriühistu (registry code 80193757) manages a 2-storey wooden building built in 2004 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €4,907 (€7 per m² of flat space) and it held €7,286 in cash.
Board
- ABAndre Berensboard member5 years 4 months
- GPGitha Pärnboard member5 years 4 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 2004
- Storeys
- 2
- Construction
- wood
- Flats
- 12
- Heating
- district heating
Compared with similar buildings: Tori vald, built 1999–2009 (27 associations).
Finances by year
Loan principal repayment is an estimated €0.05 per m² of flat space a month, about €3 a month for a 50 m² flat (interest not included) — less than 98% of associations repaying a loan. The median is €0.52 in Estonia and €0.55 in Tori vald. At the current pace the loan will be repaid around 2038.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €4,907 | €1,363 | €7,286 | €1,629 | €849 |
| 2024 | €4,708 | €1,343 | €6,909 | €1,817 | €853 |
| 2023 | €3,321 | €1,392 | €5,126 | €1,564 | €888 |
| 2022 | €4,063 | €1,368 | €6,086 | €1,783 | €847 |
| 2021 | €4,099 | €1,105 | €5,836 | €1,558 | €847 |
| 2020 | €3,412 | €1,149 | €4,544 | €1,268 | €847 |
| 2019 | €1,566 | €1,125 | €2,666 | €1,407 | €847 |
Compared with similar buildings (Tori vald, built 1999–2009; 27 associations), long-term liabilities per m² of flat space are higher than 41% of them. The median for buildings with a loan is €69/m².
Flats in this building
Over the last 12 months 3 flats have been for sale in this building, asking €1,387–€1,914 per m².
What is your flat worth?
An estimate for a flat at Ringi tn 1a from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Raudtee tn 20Sindi linn1936 · 6 flats | €117,015 | €11,201 | 2025 |
| A | Jaama tn 2Sindi linn1970 · 60 flats | €1,118,455 | €53,025 | 2025 |
| B | Jaama tn 1aSindi linn1999 · 8 flats | €28,849 | €5,611 | 2025 |
| B | Jaama tn 4Sindi linn1960 · 18 flats | €75,412 | €3,636 | 2025 |
| C | Jaama tn 3Sindi linn1999 · 8 flats | €67,103 | €1,493 | 2025 |
| – | Raudtee tn 14 // 14aSindi linn1931 · 4 flats | no reports | ||
| A | Kooli tn 7Sindi linn1999 · 55 flats | €1,082,213 | €44,217 | 2025 |
| C | Jaama tn 5Sindi linn1999 · 8 flats | €33,324 | €4,673 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €4,907 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 €7,286.
When was the building built?
According to the building register, it was first used in 2004 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Andre Berens, Githa Pärn (board since 08.06.2021).
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.