The overall objective of Hemsö’s financial operations is to ensure a long-term, stable capital structure, and to achieve the best possible net interest income within the given risk frameworks.

Finance policy

Responsibility for Hemsö’s financial transactions and risks are managed centrally by the Group’s Finance Department. Work is conducted according to the Group’s finance policy, which is adopted by the Board of Directors. 

Capital structure

Hemsö is currently partly financed with capital from owners in the form of shareholder’s equity and through external financing. At 30 June 2023, shareholder’s equity amounted to SEK 27,465 million. 

At 30 June 2023 Hemsö’s interest-bearing liabilities amounted to SEK 53,645 million.


Capital structure, SEK million
  Q2 2023 Q2 2022
Interest-bearing liabilities 53,645 46,361
Cash and cash equivalents


Net debt 52,311


Market value of investment properties 85,071  84,683
Investments in joint venture  1,747   1,475
Total 86,818 86,158
Loan-to-value ratio 60.3%   53.4%
Share of secured debt   1.2 %    0.0%