Den vägda nyttjandeperioden och dess effekter på utvalda finansiella nyckeltal
En studie av bostadsrättsföreningars avskrivningstider på byggnader
Housing cooperatives in Sweden practice very long depreciation times for their buildings and assets, subsequently depreciation costs are very low. This study aims at addressing issues relating to potential upward revisions of these costs and the revenue levels needed by housing cooperatives to address these changes, while also providing a detailed summary of some chosen financial ratios under different circumstances. This study's results are based upon recent (2015) market data within the Stockholm region, collected through a manual process and analyzed quantitatively. On average, housing cooperatives EBIT do not cover their financial costs and have low profit margins. The average depreciation time is considerably above what a technical evaluation by other sources may state. As a natural consequence, revisions of these costs based upon technical lifetime lead to severe negatively impacted financial ratios: especially for the interest coverage ratio. Needed revenue additions under revised circumstances to attain full interest coverage ratio are several factors lower than impacts on financial ratios respectively, and would alone not pertain substantial financial distress within most housing cooperatives.