Hemlo's BRF analysis

Bostadsrättsföreningen Mullvaden Första 15

Org. no. 769604-1628 · Stockholm

Acceptable, with remarksBased on the 2023 annual report · Analysed 30 Apr 2026

Summary

Bostadsrättsföreningen Mullvaden Första 15 receives Hemlo grade D (5 out of 10) in Hemlo's independent analysis of the 2023 annual report. The debt is 0 kr per square metre and the annual fee is 528 kr per square metre per year. Lower fee per m² than 82% of associations in Stockholm. The analysis highlights, among other things: Stor refinansieringsrisk när nästan hela lånestocken förfaller samtidigt, Tomträtt med känd avgäldsökning och kommande omförhandling, Mycket hög risk för kostsamt stambyte.

Compared with neighbouring associations

  • Lower debt per m² than 66% of associations in Stockholm
  • Lower fee per m² than 82% of associations in Stockholm
  • Larger maintenance fund than 74% of associations in Stockholm
  • Higher equity ratio than 74% of associations in Stockholm

Association facts

Municipality
Stockholm
Built
1882
Apartments
10
Total area
1 092 m²

Identified risks

  • High refinancing risk when almost the entire loan portfolio matures at the same timeCritical
  • Leasehold land with known rent increase and upcoming renegotiationCritical
  • Very high risk of costly pipe replacement (stambyte)Critical

Details, assessments and suggested actions are part of the full analysis.

Full analysis

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  • Debt per square metre0 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 metre528 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 Bostadsrättsföreningen Mullvaden Första 15 a financially healthy housing cooperative?
Bostadsrättsföreningen Mullvaden Första 15 receives Hemlo grade D (5 out of 10) in Hemlo's independent analysis of the 2023 annual report.
How high is the debt in Bostadsrättsföreningen Mullvaden Första 15?
The debt is 0 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. Lower debt per m² than 66% of associations in Stockholm.
How high is the fee in Bostadsrättsföreningen Mullvaden Första 15?
The annual fee is 528 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. Bostadsrättsföreningen Mullvaden Första 15 has a health score of 5 out of 10.