Apartment association · Rakvere linn

Tõusu tn 13 apartment association

Rakvere linn, Tõusu tn 13 korteriühistu (registry code 80245307) manages a 2-storey panel building built in 1948 with 10 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €19,535 in cash. The report shows no long-term liabilities.

Board

  • MSMendy Saksboard member8 years 9 months
D
Association grade
D · below average
Rakvere linn: ranked 127 of 202 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash per m², 3-year average
Managementgood
reports filed on time

Building

Built
1948
Storeys
2
Construction
panel
Flats
10
Lift
no
Heating
stove

Building page: Tõusu tn 13 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€19,535
€27/m² · similar €22/m²
Income per m² a month
€0.15
similar buildings €0.63

Compared with similar buildings: Rakvere linn, built 1943–1953 (43 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€20,586€19,535€1,351—
2024€0€15,897€14,848€1,623—
2023€0€10,011€8,158€13,434—
2022€0€6,317€5,930€941—
2021€0€8,861€2,650€580—
2020€0€6,042€6,298€195—
2019€0€15,351€12,284€122—

Of similar buildings (Rakvere linn, built 1943–1953; 43 associations), 14% 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
–Tõusu tn 101951 · 5 flatsno reports
–Tõusu tn 5 // 5a1948 · 4 flatsno reports
–Tõusu tn 21948 · 9 flatsno reports
–Pikk tn 581948 · 6 flatsno reports
–Pikk tn 601948 · 5 flatsno reports
CPikk tn 54 // 54a1948 · 9 flats€14,795€5,9342025
–Pikk tn 48a1960 · 8 flats€0€4012022
–Pikk tn 411948 · 8 flatsno 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 €19,535.

When was the building built?

According to the building register, it was first used in 1948 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Mendy Saks (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.