Hemlo's BRF analysis

Brf Polarstjärnan

Org. no. 769608-0188 · Stockholm

Acceptable, with remarksBased on the 2025 annual report · Analysed 26 Sept 2026

Summary

Brf Polarstjärnan receives Hemlo grade D (5 out of 10) in Hemlo's independent analysis of the 2025 annual report. The debt is 9,589 kr per square metre and the annual fee is 1,192 kr per square metre per year. Higher fee per m² than 97% of associations in Stockholm. The annual fee has been broadly unchanged over the past 1 years. The analysis highlights, among other things: Snar refinansiering av hela låneportföljen, Tomträtt med löpande avgälds- och omförhandlingsrisk, Hög räntekänslighet kan tvinga fram avgiftshöjning.

Compared with neighbouring associations

  • Higher debt per m² than 78% of associations in Stockholm
  • Higher fee per m² than 97% of associations in Stockholm
  • Lower equity ratio than 73% of associations in Stockholm

Trend over time

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

Fee/m²1 192 kr/m²
+1% over 1 yr2024–2025
Debt/m²9 589 kr/m²
-1% over 1 yr2024–2025
Equity ratio53 %
-1 pp over 1 yr2024–2025

Association facts

Municipality
Stockholm
Built
1939
Apartments
26
Total area
1 173 m²

Identified risks

  • Prompt refinancing of the entire loan portfolioCritical
  • Leasehold with ongoing rent and renegotiation riskHigh
  • High interest rate sensitivity can force an increase in feesHigh

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

Full analysis

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  • Debt per square metre9,589 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 metre1,192 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 Polarstjärnan a financially healthy housing cooperative?
Brf Polarstjärnan receives Hemlo grade D (5 out of 10) in Hemlo's independent analysis of the 2025 annual report.
How high is the debt in Brf Polarstjärnan?
The debt is 9,589 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 78% of associations in Stockholm.
How high is the fee in Brf Polarstjärnan?
The annual fee is 1,192 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 Polarstjärnan has a health score of 5 out of 10.