Apartment association · Lihula linn, Lääneranna vald
Tööstuse tn 2 apartment association
Lääneranna vald, Lihula linn, Tööstuse tn 2 korteriühistu (registry code 80103278) manages a 3-storey block building built in 1985 with 17 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €13,380 in cash. The report shows no long-term liabilities.
Board
- ALAare Laurenboard member5 years 1 monthalso: Lasteaia tn 4, Luha tee 5, Lõpe keskus 4, Lääne-Nigula vald, Liivi küla, Toomepuu + 4 more
- PVPaavo Veermäeboard member8 years 9 months
- RARaigo Arusaarboard member5 years 1 month
- House conditionaverage
- 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 · professional manager
Building
- Built
- 1985
- Storeys
- 3
- Construction
- block
- Flats
- 17
- Lift
- no
- Heating
- district heating
Building page: Tööstuse tn 2 →
Compared with similar buildings: Lääneranna vald, built 1980–1990, block (23 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €14,009 | €13,380 | €3,166 | €0 |
| 2024 | €0 | €10,869 | €7,681 | €3,018 | €0 |
| 2023 | €0 | €7,543 | €3,465 | €3,022 | €16,797 |
| 2022 | €0 | €4,224 | €6,754 | €3,976 | €7,604 |
| 2021 | €0 | €642 | €2,987 | €28,692 | €75 |
| 2020 | €0 | €263 | €2,650 | €28,045 | €0 |
| 2019 | €0 | €214 | €21,348 | €23,182 | €3,864 |
Of similar buildings (Lääneranna vald, built 1980–1990, block; 23 associations), 17% have long-term liabilities; this association has none.
Flats in this building
1 flat was offered for rent at €200 a month.
What is your flat worth?
An estimate for a flat at Tööstuse tn 2 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| D | Tööstuse tn 4Lihula linn1974 · 18 flats | €0 | €11,252 | 2025 |
| – | Tööstuse tn 8Lihula linn1995 | no reports | ||
| D | Tööstuse tn 12Lihula linn1974 · 4 flats | €0 | €5,685 | 2025 |
| E | Tallinna mnt 69Lihula linn1959 · 14 flats | €0 | €21 | 2025 |
| – | Pärnu mnt 2aLihula linn1964 · 4 flats | no reports | ||
| – | Tallinna mnt 48Lihula linn1895 · 8 flats | no reports | ||
| D | Pärnu mnt 4Lihula linn1959 · 6 flats | €0 | €1,662 | 2024 |
| – | Tallinna mnt 62Lihula linn1959 · 6 flats | no reports | ||
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 €13,380.
When was the building built?
According to the building register, it was first used in 1985 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Aare Lauren, Paavo Veermäe, Raigo Arusaar (board since 07.01.2018).
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.