Hemlo's BRF analysis
BF Norden nr 2 upa
Org. no. 702001-5363 · Stockholm
Summary
BF Norden nr 2 upa receives Hemlo grade D (5 out of 10) in Hemlo's independent analysis of the 2023 annual report. The debt is 6,172 kr per square metre and the annual fee is 552 kr per square metre per year. Lower equity ratio than 97% of associations in Stockholm. The analysis highlights, among other things: Negativ soliditet ger mycket liten ekonomisk buffert, Stora låneförfall inom kort tid ökar refinansieringsrisken, Mycket hög räntekänslighet kan tvinga fram avgiftshöjningar.
Compared with neighbouring associations
- Higher debt per m² than 66% of associations in Stockholm
- Lower fee per m² than 80% of associations in Stockholm
- Smaller maintenance fund than 82% of associations in Stockholm
- Lower equity ratio than 97% of associations in Stockholm
Association facts
- Municipality
- Stockholm
- Built
- 1884
- Apartments
- 42
- Total area
- 2 940 m²
Identified risks
- Negative equity provides a very small financial bufferCritical
- Large debt maturities in the near term increase refinancing riskCritical
- Very high interest-rate sensitivity can force rent increasesCritical
Details, assessments and suggested actions are part of the full analysis.
Full analysis
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- Debt per square metre6,172 kr/m²
Debt per square metre is the association's total loans divided by the total living area — one of the most important financial indicators for a housing cooperative.
- Fee per square metre552 kr/m²/år
Fee per square metre makes associations of different sizes comparable.
- Savings per square metre
- Fee trend
- Loan structure and rate terms
- Interest-rate sensitivity
- Maintenance plan
- Planned renovations
Frequently asked questions
- Is BF Norden nr 2 upa a financially healthy housing cooperative?
- BF Norden nr 2 upa receives Hemlo grade D (5 out of 10) in Hemlo's independent analysis of the 2023 annual report.
- How high is the debt in BF Norden nr 2 upa?
- The debt is 6,172 kr per square metre. Debt per square metre is the association's total loans divided by the total living area — one of the most important financial indicators for a housing cooperative. Higher debt per m² than 66% of associations in Stockholm.
- How high is the fee in BF Norden nr 2 upa?
- The annual fee is 552 kr per square metre per year. Fee per square metre makes associations of different sizes comparable.
- What does Hemlo grade D mean?
- Hemlo grade D means “Acceptable, with remarks”. The grade scale runs from A to G and is based on Hemlo's health score 0–10 — an independent assessment of the association's annual report. BF Norden nr 2 upa has a health score of 5 out of 10.