Hemlo's BRF analysis

Brf Borgen 48

Org. no. 769606-3168 · Stockholm

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

Top 50% in Stockholm

Summary

Brf Borgen 48 receives Hemlo grade D (6 out of 10) in Hemlo's independent analysis of the 2023 annual report. The debt is 6,994 kr per square metre and the annual fee is 1,164 kr per square metre per year. Higher fee per m² than 97% of associations in Stockholm. The analysis highlights, among other things: Tomträtt med okänd kommande omförhandling, Stort osäkerhetsläge kring stambyte i mycket gammal fastighet, Underhållsfond som inte matchar fastighetens ålders- och underhållsbehov.

Compared with neighbouring associations

  • Higher debt per m² than 71% of associations in Stockholm
  • Higher fee per m² than 97% of associations in Stockholm
  • Smaller maintenance fund than 67% of associations in Stockholm
  • Lower equity ratio than 69% of associations in Stockholm

Association facts

Municipality
Stockholm
Built
1900
Apartments
18
Total area
765 m²

Identified risks

  • Leasehold land with unknown forthcoming renegotiationCritical
  • Significant uncertainty regarding pipe replacement in a very old propertyCritical
  • Maintenance fund that does not match the property’s age and maintenance needsHigh

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

Full analysis

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  • Debt per square metre6,994 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 metre1,164 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 Brf Borgen 48 a financially healthy housing cooperative?
Brf Borgen 48 receives Hemlo grade D (6 out of 10) in Hemlo's independent analysis of the 2023 annual report.
How high is the debt in Brf Borgen 48?
The debt is 6,994 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 71% of associations in Stockholm.
How high is the fee in Brf Borgen 48?
The annual fee is 1,164 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. Brf Borgen 48 has a health score of 6 out of 10.