Hemlo's BRF analysis

Bostadsrättsföreningen Papperskniven

Org. no. 769608-4206 · Stockholm

Clear risksBased on the 2025 annual report · Analysed 14 Sept 2026

Summary

Bostadsrättsföreningen Papperskniven receives Hemlo grade F (3 out of 10) in Hemlo's independent analysis of the 2025 annual report. The debt is 12,034 kr per square metre and the annual fee is 1,149 kr per square metre per year. Higher fee per m² than 97% of associations in Stockholm. The annual fee has increased 15% over 1 years. The analysis highlights, among other things: Hög räntekänslighet vid stigande räntor, Mycket hög belåning per kvm, Tomträtt innebär osäker framtida markkostnad.

Compared with neighbouring associations

  • Higher debt per m² than 87% of associations in Stockholm
  • Higher fee per m² than 97% of associations in Stockholm
  • Smaller maintenance fund than 83% of associations in Stockholm
  • Lower equity ratio than 92% of associations in Stockholm

Trend over time

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

Fee/m²1 149 kr/m²
+15% over 1 yr2024–2025
Equity ratio14 %
0 pp over 1 yr2024–2025

Association facts

Municipality
Stockholm
Built
1944
Apartments
24
Total area
1 193 m²

Identified risks

  • High interest rate sensitivity when interest rates riseCritical
  • Very high leverage per sqmCritical
  • Leasehold land ownership entails uncertain future land costsHigh

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

Full analysis

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  • Debt per square metre12,034 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 metre1,149 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 Papperskniven a financially healthy housing cooperative?
Bostadsrättsföreningen Papperskniven receives Hemlo grade F (3 out of 10) in Hemlo's independent analysis of the 2025 annual report.
How high is the debt in Bostadsrättsföreningen Papperskniven?
The debt is 12,034 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 87% of associations in Stockholm.
How high is the fee in Bostadsrättsföreningen Papperskniven?
The annual fee is 1,149 kr per square metre per year. Fee per square metre makes associations of different sizes comparable. The annual fee has increased 15% over 1 years.
What does Hemlo grade F mean?
Hemlo grade F means “Clear risks”. 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 Papperskniven has a health score of 3 out of 10.