Hemlo's BRF analysis

HSB Brf Pianofabriken i Stockholm

Org. no. 769615-3811 · Stockholm

Stable associationBased on the 2024 annual report · Analysed 22 Jun 2026

Top 32% in Stockholm

Summary

HSB Brf Pianofabriken i Stockholm receives Hemlo grade C (7 out of 10) in Hemlo's independent analysis of the 2024 annual report. The debt is 7,489 kr per square metre and the annual fee is 888 kr per square metre per year. Larger maintenance fund than 90% of associations in Stockholm. The annual fee has increased 24% over 1 years. The analysis highlights, among other things: Hög skuldsättning kräver fortsatt avgiftsdisciplin, Stor del av lånen ska refinansieras inom kort, Räntekänsligheten ligger nära hög risknivå.

Compared with neighbouring associations

  • Higher debt per m² than 73% of associations in Stockholm
  • Higher fee per m² than 76% of associations in Stockholm
  • Larger maintenance fund than 90% of associations in Stockholm
  • Higher equity ratio than 76% of associations in Stockholm

Trend over time

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

Fee/m²888 kr/m²
+24% over 1 yr20232024
Debt/m²7 489 kr/m²
0% over 1 yr20232024
Equity ratio83 %
0 pp over 1 yr20232024

Association facts

Municipality
Stockholm
Built
2011
Apartments
45
Total area
2 979 m²

Identified risks

  • High indebtedness requires continued fee disciplineHigh
  • A large portion of the loans is due to be refinanced soonHigh
  • Interest rate sensitivity is close to a high-risk level.High

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

Full analysis

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  • Debt per square metre7,489 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 metre888 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 HSB Brf Pianofabriken i Stockholm a financially healthy housing cooperative?
HSB Brf Pianofabriken i Stockholm receives Hemlo grade C (7 out of 10) in Hemlo's independent analysis of the 2024 annual report.
How high is the debt in HSB Brf Pianofabriken i Stockholm?
The debt is 7,489 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 73% of associations in Stockholm.
How high is the fee in HSB Brf Pianofabriken i Stockholm?
The annual fee is 888 kr per square metre per year. Fee per square metre makes associations of different sizes comparable. The annual fee has increased 24% over 1 years.
What does Hemlo grade C mean?
Hemlo grade C means “Stable association”. 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. HSB Brf Pianofabriken i Stockholm has a health score of 7 out of 10.