Apartment association · Rakvere linn

Tööstuse tn 3 apartment association

Rakvere linn, Tööstuse tn 3 korteriühistu (registry code 80025445) manages a 2-storey brick building built in 1961 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €20,534 in cash. The report shows no long-term liabilities.

Board

  • AKAngela Kasemets-Ojalaboard member2 years 11 months
  • GEGerli Einalaboard member2 years 11 months
A
Association grade
A · very good
Rakvere linn: ranked 32 of 202 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
1961
Storeys
2
Construction
brick
Flats
8
Lift
no
Heating
stove
Energy class
  • A
  • B
  • CCvalid until 19.09.2023
  • D
  • E
  • F
  • G
  • H

Building page: Tööstuse tn 3 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€20,534
€63/m² · similar €20/m²
Income per m² a month
€0.31
similar buildings €0.96

Compared with similar buildings: Rakvere linn, built 1956–1966, brick (16 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€20,701€20,534€1,226€0
2024€0€16,010€15,871€890€0
2023€0€12,875€13,398€749€0
2022€0€8,191€8,562€754€0
2021€0€3,279€3,448€746€0
2020€0€4,425€4,761€747€0
2019€0€12,214€12,729€746€0

Of similar buildings (Rakvere linn, built 1956–1966, brick; 16 associations), 50% have long-term liabilities; this association has none.

Flats in this building

1 flat was offered for rent at €300 a month.

Estate agents in Rakvere · Flat prices in Rakvere

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CKibuvitsa tn 41960 · 8 flats€0€13,8382025
ETööstuse tn 3a1932 · 6 flats€125,572€5,4682025
EKibuvitsa tn 61978 · 8 flats€0€4,4102025
DTööstuse tn 5a1965 · 8 flats€0€10,0432025
CKibuvitsa tn 81962 · 8 flats€11,567€1,7382025
–Tööstuse tn 75 flatsno reports
–C. R. Jakobsoni tn 241961 · 6 flats€0€3,7232022
ARoosi tn 71987 · 35 flats€0€29,4672025

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 €20,534.

When was the building built?

According to the building register, it was first used in 1961 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Angela Kasemets-Ojala, Gerli Einala (board since 13.11.2023).

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.