Hemlo's BRF analysis

Brf Heimdal 112

Org. no. 769634-6118 · Karlstad

Acceptable, with remarksBased on the 2024 annual report · Analysed 16 Apr 2026

Summary

Brf Heimdal 112 receives Hemlo grade D (6 out of 10) in Hemlo's independent analysis of the 2024 annual report. The debt is 9,841 kr per square metre and the annual fee is 776 kr per square metre per year. Smaller maintenance fund than 87% of associations in Karlstad. The annual fee has increased 21% over 2 years. The analysis highlights, among other things: Mycket hög belåning kombinerat med svag buffert, Hög sannolikhet för kommande stambyte, Avsaknad av underhållsplan ökar risken för kostnadschocker.

Compared with neighbouring associations

  • Higher debt per m² than 81% of associations in Karlstad
  • Higher fee per m² than 60% of associations in Karlstad
  • Smaller maintenance fund than 87% of associations in Karlstad
  • Higher equity ratio than 63% of associations in Karlstad

Trend over time

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

Fee/m²776 kr/m²
+21% over 2 yr20222024
Debt/m²9 841 kr/m²
-6% over 2 yr20222024
Equity ratio56 %
+4 pp over 2 yr20222024

Association facts

Municipality
Karlstad
Built
1924
Apartments
20
Total area
1 248 m²

Identified risks

  • Very high loan-to-value combined with a weak bufferCritical
  • High likelihood of an upcoming pipe replacementCritical
  • Lack of a maintenance plan increases the risk of cost shocksHigh

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

Full analysis

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  • Debt per square metre9,841 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 metre776 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 Heimdal 112 a financially healthy housing cooperative?
Brf Heimdal 112 receives Hemlo grade D (6 out of 10) in Hemlo's independent analysis of the 2024 annual report.
How high is the debt in Brf Heimdal 112?
The debt is 9,841 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 81% of associations in Karlstad.
How high is the fee in Brf Heimdal 112?
The annual fee is 776 kr per square metre per year. Fee per square metre makes associations of different sizes comparable. The annual fee has increased 21% over 2 years.
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 Heimdal 112 has a health score of 6 out of 10.