According to sources, the result differs greatly from a normal year, where the surplus usually ranges from 130 to 160 million kronor. The main reason for the deficit is the deep crisis at the subsidiary Sundsvall Logistikpark AB. The latest valuation changed the value of the logistics park by over 400 million kronor, with the current assessed value at 150 million kronor for a project where Sundsvall municipality has invested over 750 million kronor.
' The circumstances around the first valuation of Sundsvall Logistikpark, which was 400 million kronor higher, are now being investigated by the Swedish Economic Crime Authority. Stadsbacken has previously announced an owner contribution of 280 million kronor to Sundsvall Logistikpark to keep the company afloat, with the condition that the money must be repaid when the logistics park has the economic conditions to do so. The specific factors that caused the deep crisis at Sundsvall Logistikpark AB have not been disclosed.
A valuation adjustment of an investment that has already been made.
Stadsbacken points out that besides Sundsvall Logistikpark, there are several subsidiaries within the group with more positive figures, including Mitthem, SKIFU, and Sundsvall Energi, which are now helping to support the municipal group in this difficult situation.