Hemlo's BRF analysis

HSB brf Piraten i Uddevalla

Org. no. 758500-0768 · Uddevalla

Stable associationBased on the 2024 annual report · Analysed 23 Jun 2026

Top 46% in Uddevalla

Summary

HSB brf Piraten i Uddevalla receives Hemlo grade C (7 out of 10) in Hemlo's independent analysis of the 2024 annual report. The debt is 4,221 kr per square metre and the annual fee is 1,029 kr per square metre per year. Higher fee per m² than 87% of associations in Uddevalla. The annual fee has increased 3% over 2 years. The analysis highlights, among other things: Hög avgiftsnivå utan tydlig buffert för flera kommande projekt, Hög skuldsättning med kommande refinansieringsrisk, Soliditet delvis driven av uppskrivning och inte bara av operativ styrka.

Compared with neighbouring associations

  • Higher debt per m² than 61% of associations in Uddevalla
  • Higher fee per m² than 87% of associations in Uddevalla
  • Larger maintenance fund than 71% of associations in Uddevalla
  • Lower equity ratio than 63% of associations in Uddevalla

Trend over time

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

Fee/m²1 029 kr/m²
+3% over 2 yr20222024
Debt/m²4 221 kr/m²
-9% over 2 yr20222024
Equity ratio44 %
+4 pp over 2 yr20222024

Association facts

Municipality
Uddevalla
Built
1949
Apartments
64
Total area
4 280 m²

Identified risks

  • High fee level without a clear buffer for several upcoming projectsHigh
  • High indebtedness with upcoming refinancing riskHigh
  • Solvency partly driven by revaluation and not only by operational strengthMedium

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

Full analysis

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  • Debt per square metre4,221 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 metre1,029 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 Piraten i Uddevalla a financially healthy housing cooperative?
HSB brf Piraten i Uddevalla 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 Piraten i Uddevalla?
The debt is 4,221 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 61% of associations in Uddevalla.
How high is the fee in HSB brf Piraten i Uddevalla?
The annual fee is 1,029 kr per square metre per year. Fee per square metre makes associations of different sizes comparable. The annual fee has increased 3% over 2 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 Piraten i Uddevalla has a health score of 7 out of 10.