Hemlo's BRF analysis

Brf Morgonstjärnan i Helsingborg

Org. no. 769609-1201 · Helsingborg

Acceptable, with remarksBased on the 2025 annual report · Analysed 18 Jun 2026

Summary

Brf Morgonstjärnan i Helsingborg receives Hemlo grade D (6 out of 10) in Hemlo's independent analysis of the 2025 annual report. The debt is 6,517 kr per square metre and the annual fee is 838 kr per square metre per year. Smaller maintenance fund than 88% of associations in Helsingborg. The annual fee has been broadly unchanged over the past 1 years. The analysis highlights, among other things: Mycket hög räntekänslighet kan pressa avgifterna kraftigt, Kombination av hög skuld och svag underhållsreserv ökar framtida avgiftstryck, Stor del av lånen förfaller inom kort och måste refinansieras.

Compared with neighbouring associations

  • Smaller maintenance fund than 88% of associations in Helsingborg

Trend over time

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

Fee/m²838 kr/m²
0% over 1 yr20242025
Debt/m²6 517 kr/m²
-2% over 1 yr20242025
Equity ratio48 %
0 pp over 1 yr20242025

Association facts

Municipality
Helsingborg
Built
1934
Apartments
36
Total area
2 478 m²

Identified risks

  • Very high interest-rate sensitivity can put a heavy strain on the charges significantlyCritical
  • Combination of high debt and a weak maintenance reserve increases future fee pressureHigh
  • A large portion of the loans falls due soon and must be refinancedHigh

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

Full analysis

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  • Debt per square metre6,517 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 metre838 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 Morgonstjärnan i Helsingborg a financially healthy housing cooperative?
Brf Morgonstjärnan i Helsingborg receives Hemlo grade D (6 out of 10) in Hemlo's independent analysis of the 2025 annual report.
How high is the debt in Brf Morgonstjärnan i Helsingborg?
The debt is 6,517 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.
How high is the fee in Brf Morgonstjärnan i Helsingborg?
The annual fee is 838 kr per square metre per year. Fee per square metre makes associations of different sizes comparable. The annual fee has been broadly unchanged over the past 1 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 Morgonstjärnan i Helsingborg has a health score of 6 out of 10.