Interim report January-June 2023: Continued expansion and a strong financial position
Despite ongoing challenging conditions in the wider world, it is pleasing to report positive financial and operational development during the second quarter. Net rental income remained positive during the second quarter, largely because we are growing with our existing customer base, which is very gratifying. The loan-to-value ratio fell to 47 percent on 30 June and our interest coverage ratio was 3.· Rental income increased by 40%, amounting to SEK 280 m (200). · Net operating income increased by 48%, amounting to SEK 232 m (157). · Profit from property management increased by 32%