Hemlo's BRF analysis

Bostadsrättsföreningen Neptunus 1938

Org. no. 769620-1651 · Södertälje

Weaknesses presentBased on the 2025 annual report · Analysed 25 Jul 2026

Summary

Bostadsrättsföreningen Neptunus 1938 receives Hemlo grade E (4 out of 10) in Hemlo's independent analysis of the 2025 annual report. The debt is 20,804 kr per square metre and the annual fee is 849 kr per square metre per year. Higher debt per m² than 97% of associations in Södertälje. The annual fee has increased 22% over 2 years. The analysis highlights, among other things: Mycket svag underhållsfond i äldre fastighet, Ålderstigen fastighet utan bekräftat stambyte, Samtidigt låneförfall skapar refinansieringsrisk.

Compared with neighbouring associations

  • Higher debt per m² than 97% of associations in Södertälje
  • Smaller maintenance fund than 87% of associations in Södertälje
  • Lower equity ratio than 69% of associations in Södertälje

Trend over time

Key figures from the co-op's recent annual reports.

Fee/m²849 kr/m²
+22% over 2 yr20232025
Debt/m²20 804 kr/m²
-2% over 1 yr20242025
Equity ratio34 %
0 pp over 2 yr20232025

Association facts

Municipality
Södertälje
Built
1938
Apartments
55
Total area
1 808 m²

Identified risks

  • Very weak maintenance fund in an older propertyCritical
  • Aging property without confirmed pipe replacement (stambyte)Critical
  • At the same time, loan maturities create refinancing riskCritical

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

Full analysis

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  • Debt per square metre20,804 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 metre849 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 Neptunus 1938 a financially healthy housing cooperative?
Bostadsrättsföreningen Neptunus 1938 receives Hemlo grade E (4 out of 10) in Hemlo's independent analysis of the 2025 annual report.
How high is the debt in Bostadsrättsföreningen Neptunus 1938?
The debt is 20,804 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 97% of associations in Södertälje.
How high is the fee in Bostadsrättsföreningen Neptunus 1938?
The annual fee is 849 kr per square metre per year. Fee per square metre makes associations of different sizes comparable. The annual fee has increased 22% over 2 years.
What does Hemlo grade E mean?
Hemlo grade E means “Weaknesses present”. 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 Neptunus 1938 has a health score of 4 out of 10.