MIRA
INFORM REPORT
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Report Date : |
27th February, 2007 |
IDENTIFICATION
DETAILS
|
Name : |
ROLLS-ROYCE AB |
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Registered Office : |
Box 1010,
681 29 Kristinehamn |
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Country : |
Sweden |
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Financials (as on) : |
December 2005 |
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Date of Incorporation : |
September 1936 |
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Legal Form : |
Private Limited company |
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Line of Business : |
Ø Manufacturer of
various other special purpose machinery n e c. Ø Manufacturer of
pumps and compressors |
RATING &
COMMENTS
|
MIRA’s Rating : |
Aa |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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Maximum Credit Limit : |
10.000 TSEK |
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Status : |
Good |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
Summary
Rolls-Royce AB
Box 1010
681 29 Kristinehamn
Visiting address Båtbyggarevägen
1
Company no
556035-5009
Telephone +46-550-840 00
Credit rating 5
Risk forecast 0,05 %
Credit limit 10.000 TSEK
Complaints Not reg
Claims 1
Registered 1936-09
Annual
accounts 0501-0512
Net sales 1.496.247 TSEK
Profit/loss after
financial items 49.967 TSEK
Total equity 213.324 TSEK
Employees 446 pcs
Debt with the Enforcement Service
No debt registered with the Swedish Enforcement Authority as at
2007-02-23.
Group of companies
Part of Kamewa Holding AB-group
Note: Petitions for injunction to pay have been registered during the last 6
months.
Most recent events
|
Pet. for inj. to pay |
2006-09 |
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Industry Risk Forecast: 0,5 %
Median value for limited company in industry 29569, such as Manufact of
various other special purpose machinery n e c.
Other information may of course affect your assessment of the risk
Credit limit: 10.000 TSEK(=maximum limit )
Applies to short-term credit facilities. The limit has been set using a
formula that takes into consideration the annual accounts included in this
credit report and the current credit rating. Other information may of course
influence the size of the credit you may grant.
General information and history
|
Legal form |
Limited company, private |
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Vat-number |
SE 556035500901 |
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Registered office |
Kristinehamn municipality in Värmlands county |
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Number of locations |
2 |
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Main establishment |
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Name |
Gustavsvik |
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Visiting address |
Båtbyggarevägen 1, 681 95 Kristinehamn |
For a full list of establishments, see enclosure
Description of business activities
Manufact of various other special purpose
machinery n e c.
(Main business according to Statistics
Sweden, SNI2002: 29569)
Manufacture of
pumps and compressors
(Subsidiary business
according to Statistics Sweden, SNI2002: 29120)
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History |
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1936-09 |
Comp reg under the current reg no and name: AB Lindholmens Varv |
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1980-03 |
Changed name to: Kamewa AB |
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1990-10 |
Company reg under the current name |
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1993-04 |
Company registered to pay business tax |
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--- |
Company was registered to pay VAT |
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--- |
Company was registered to pay employer contributions |
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2000-08 |
Articles of Association adopted |
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2001-11 |
Oddbjörn Eliassen new Managing Director |
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Matters pending with Registration Office
No notes of imminent changes
Non categorized information
The company/part of the company is ISO-14001 certified
The company/part of the company is ISO-9001 certified
Customs have granted the company to bring home goods/credit permit
Board of directors etc
Board members according to Reg Office
Board members etc reg prior to 1991-04 unless otherwise stated.
Board member company commitments is displayed when the name is clicked.
|
Oddbjörn Eliassen, Birth:1946 |
MD and Regular member |
Reg. in company 2001-11-19 |
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Living abroad |
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George Kenneth Lowe, Birth:1948 |
Regular member |
Reg. in company 2005-06-17 |
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Living abroad |
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Anders Björe, Birth:1959 |
Regular member |
Reg. in company 2001-11-19 |
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Per Henry Stjernborg, Birth:1944 |
Reg. memb. and empl. repr. |
Reg. in company 1991-06-04 |
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Kenneth Elvstrand, Birth:1946 |
Reg. memb. and empl. repr. |
Reg. in company 1998-09-17 |
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Jan Pahnke, Birth:1949 |
Dep. memb. and empl. repr. |
Reg. in company 2006-09-13 |
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Lars Andersson, Birth:1959 |
Dep. memb. and empl. repr. |
Reg. in company 1997-05-21 |
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Ragnar Olof Kaiding |
Authorized public Accountant |
Reg. in company 2002-11-01 |
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Board members etc that have left the company during the last
two years
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Johan Andreas Fokkens, Birth:1948 |
Regular member |
Reg. in company 2002-07-31 |
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Deregistered 2005-06-17 |
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Living abroad |
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Johan Larsson, Birth:1978 |
Dep. memb. and empl. repr. |
Reg. in company 2005-06-17 |
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Deregistered 2006-09-13 |
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Board of directors data
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No of board members (ord members and MD) |
3 |
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Any board member with comm in other comp? |
Yes |
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Any board member with comm in bankrupt comp? |
No |
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Any board member with payment complaint? |
No |
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Any board member with bankruptcy petition? |
No |
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Any board member with bal of debt with Enf Auth? |
No |
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Authorized signatory (available in Swedish only) |
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Firman tecknas av styrelsen |
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firman tecknas två i förening av |
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-Björe, Per Anders Christer |
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-Eliassen, Oddbjörn |
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-Elm, Tommy Jim Stefan |
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-Lowe, George Kenneth |
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-Lundqvist, Nils Håkan |
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Dessutom har verkställande direktören rätt att
teckna firman |
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beträffande löpande förvaltningsåtgärder |
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External authorised signatories |
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Nils 'Håkan' Lundqvist, Birth:1960 |
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Tommy Jim 'Stefan' Elm, Birth:1961 |
Group relationship etc
|
Parent company etc |
Proprietary int |
As of |
Comments |
|
Kamewa Holding AB, 556381-1792 |
100 % |
2005-12 |
Cr. rating: undecided |
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Shareholder in parent company |
Ownership |
As of |
Comments |
|
Vinter International Ltd, Great Britain |
100 % |
2005-12 |
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For a complete specification of subsidiaries etc, see
enclosure
Annual accounts and ratios
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Annual accounts |
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Inc. statement in TSEK |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
|
Net sales |
+1.496.247 |
+1.345.741 |
+1.452.450 |
+1.388.088 |
+1.164.751 |
|
Profit/loss after financial items |
+49.967 |
+7.185 |
-167.728 |
-99.003 |
-105.688 |
|
Balance sheet in TSEK |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
|
Total fixed assets |
248.633 |
261.895 |
269.945 |
296.707 |
255.680 |
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Total current assets |
825.293 |
692.302 |
836.125 |
937.883 |
861.210 |
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Total equity |
213.324 |
164.715 |
157.644 |
289.484 |
298.443 |
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Total long-term liabilities |
13.082 |
12.583 |
12.737 |
12.856 |
13.116 |
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Total current liabilities |
683.323 |
640.027 |
781.514 |
747.520 |
551.573 |
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Total equity and liabilities |
1.073.926 |
954.197 |
1.106.070 |
1.234.590 |
1.116.890 |
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Notes etc |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
|
Employees |
446 |
442 |
478 |
508 |
529 |
|
Audit report |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Ratios
|
Ratios 1) |
|
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
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Equity/assets % |
27,1 1) |
19,9 |
17,3 |
14,2 |
25,3 |
33,1 |
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Consolidation Ratio % |
28,7 1) |
19,9 |
17,3 |
14,2 |
26,1 |
35,8 |
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Quick ratio % |
101,1 1) |
76,6 |
70,8 |
80,0 |
72,4 |
101,0 |
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Return on total assets % |
8,4 1) |
5,3 |
1,5 |
-14,5 |
-7,3 |
-8,2 |
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Cash Flow/Total liabilities % |
12,2 1) |
7,6 |
3,1 |
-15,5 |
-8,8 |
-12,0 |
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Risk margin % |
6,2 1) |
4,5 |
0,6 |
-15,2 |
-8,2 |
-9,0 |
1) Values for the industry in 2005 = Median for
companies with at least 20 employees in
industry 29569 i.e. Manufact of various other special purpose
machinery n e c
For the complete annual accounts and all ratios, see
enclosure
Other financial information
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Share capital |
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Total |
23.000 TSEK |
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Chattel mortgages
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Total |
64.000,0 TSEK |
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The most recently issued mortgages
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1986-06 |
4.000,0 TSEK |
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1986-04 |
10.000,0 TSEK |
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1986-04 |
5.000,0 TSEK |
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1986-04 |
5.000,0 TSEK |
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1986-04 |
5.000,0 TSEK |
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Unprivileged claims in clients´ bankruptcies
ISN has not been notified about any unprivileged claims in bankruptcies
in the last 2 years.
Properties
Owns 10 property, ass. at 13.017 TSEK (proprietary interest cannot be
calculated)
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Designation |
Norra Höja 3:2 |
Owns |
100 % |
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Municipality |
Kristinehamn |
Acquisition date |
1980-06-30 |
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Property type |
423, Industrial unit, metal and engineering industry |
Assessed value in 2006 |
9.803 TSEK |
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Area |
35 ha |
Jointly assessed |
No |
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Type of acquisition |
Purchase |
Purchase price |
Unknown |
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Designation |
Sunneberg 1:32 |
Owns |
100 % |
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Municipality |
Kristinehamn |
Acquisition date |
1980-06-30 |
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Property type |
432, Industrial unit, warehouse |
Assessed value in 2006 |
2.706 TSEK |
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Area |
3 ha |
Jointly assessed |
No |
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Type of acquisition |
Purchase |
Purchase price |
Unknown |
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For complete list of properties, see enclosure
Payment complaints, complaints
and other payment information
No complaints have been registered.
1 claim totalling 43,7 TSEK has been registered.
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Claims |
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Amount SEK |
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Creditor |
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Pet. for inj. to pay |
2006-09 |
43.695 |
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Svenska Handelsbanken AB |
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-written off by KFM |
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No debt registered with the Swedish Enforcement Authority as at
2007-02-23.
ISN does not have information about historic debt with the Bailiffs.
Note: Petitions for injunction to pay have been registered during the last 6
months.
Most recent inquiries
During the last 12 months there have been 8 inquiries.
Up to 10 most recently registered inquiries
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Date |
Amount SEK |
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Inquirer Inquirer name not mandatory |
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2006-10-20 |
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2006-09-08 |
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2006-06-26 |
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2006-06-07 |
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2006-05-18 |
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2006-05-09 |
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2006-03-17 |
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2006-02-28 |
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Annual accounts and ratios
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Annual accounts |
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Inc. statement in TSEK |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
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Net sales |
+1.496.247 |
+1.345.741 |
+1.452.450 |
+1.388.088 |
+1.164.751 |
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Change in inventories of prod etc |
+74.620 |
-89.205 |
-65.948 |
+81.530 |
+9.717 |
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Other operating income |
+9.739 |
+5.884 |
+8.138 |
+19.805 |
+19.947 |
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Raw materials/consumables |
-977.584 |
-773.432 |
-906.163 |
-1.005.428 |
-713.464 |
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Other external costs |
-285.662 |
-229.382 |
-394.224 |
-316.360 |
-298.694 |
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Personnel costs |
-245.835 |
-230.228 |
-241.641 |
-243.240 |
-258.642 |
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Depreciation |
-17.131 |
-17.430 |
-17.024 |
-19.400 |
-19.722 |
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Other operating expenses |
0 |
-24 |
-63 |
-646 |
-8.080 |
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Operating profit/loss |
+54.394 |
+11.924 |
-164.475 |
-95.651 |
-104.187 |
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Interest income group companies |
+359 |
+184 |
+360 |
+439 |
+238 |
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External interest income |
+1.768 |
+2.512 |
+3.301 |
+4.167 |
+3.741 |
|
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Other financial income |
0 |
0 |
+76 |
+213 |
+471 |
|
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Total financial income |
+2.127 |
+2.696 |
+3.737 |
+4.819 |
+4.450 |
|
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Interest expense to group companies |
-546 |
-356 |
-525 |
-527 |
-425 |
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External interest expenses |
-5.832 |
-418 |
-230 |
-596 |
-383 |
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Other financial expenses |
-176 |
-6.663 |
-6.235 |
-7.048 |
-5.143 |
|
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Total financial expenses |
-6.554 |
-7.437 |
-6.990 |
-8.171 |
-5.951 |
|
|
Profit/loss after financial items |
+49.967 |
+7.185 |
-167.728 |
-99.003 |
-105.688 |
|
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|
||||||
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Profit/loss before appropriations |
+49.967 |
+7.185 |
-167.728 |
-99.003 |
-105.688 |
|
|
Appropriations |
0 |
0 |
+32.453 |
+69.217 |
+31.705 |
|
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Group contribution |
0 |
0 |
0 |
+2.888 |
0 |
|
|
Profit/loss before tax |
+49.967 |
+7.185 |
-135.275 |
-26.898 |
-73.983 |
|
|
Tax |
-1.358 |
-114 |
+3.435 |
-861 |
0 |
|
|
Net profit/loss for the year |
+48.609 |
+7.071 |
-131.840 |
-27.759 |
-73.983 |
|
|
Balance sheet in TSEK |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
|
|
Capitalised expenditure for R and D projects |
0 |
0 |
0 |
0 |
2.203 |
|
|
Total intangible assets |
0 |
0 |
0 |
0 |
2.203 |
|
|
Land and buildings |
8.213 |
8.659 |
8.619 |
20.402 |
21.641 |
|
|
Machinery |
36.051 |
39.929 |
40.766 |
54.975 |
61.954 |
|
|
Equipment |
19.770 |
23.210 |
26.174 |
32.480 |
27.169 |
|
|
Total machinery and equipment |
55.821 |
63.139 |
66.940 |
87.455 |
89.123 |
|
|
Other tangible assets |
25.714 |
28.509 |
31.304 |
34.173 |
5.397 |
|
|
Total tangible assets |
89.748 |
100.307 |
106.863 |
142.030 |
116.161 |
|
|
Participations in group and associated companies |
7.515 |
7.515 |
7.515 |
7.515 |
7.615 |
|
|
Receivables from group and associated companies |
128.115 |
127.793 |
129.173 |
129.203 |
128.351 |
|
|
Other financial assets |
23.255 |
26.280 |
26.394 |
17.959 |
1.350 |
|
|
Total financial assets |
158.885 |
161.588 |
163.082 |
154.677 |
137.316 |
|
|
Total fixed assets |
248.633 |
261.895 |
269.945 |
296.707 |
255.680 |
|
|
|
||||||
|
Other inventories |
301.679 |
238.976 |
211.197 |
396.554 |
303.797 |
|
|
Total inventories |
301.679 |
238.976 |
211.197 |
396.554 |
303.797 |
|
|
Accounts receivable |
190.730 |
153.177 |
271.538 |
192.966 |
185.545 |
|
|
Receivables from group and associated companies |
81.519 |
75.022 |
81.973 |
84.123 |
155.076 |
|
|
Other current receivables |
84.257 |
105.833 |
104.292 |
101.427 |
135.250 |
|
|
Total current receivables |
356.506 |
334.032 |
457.803 |
378.516 |
475.871 |
|
|
Total cash and bank balances |
167.108 |
119.294 |
167.125 |
162.813 |
81.542 |
|
|
Total current assets |
825.293 |
692.302 |
836.125 |
937.883 |
861.210 |
|
|
|
||||||
|
Total assets |
1.073.926 |
954.197 |
1.106.070 |
1.234.590 |
1.116.890 |
|
|
Balance sheet in TSEK |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
|
|
Share capital |
23.000 |
23.000 |
23.000 |
23.000 |
23.000 |
|
|
Other restricted equity |
4.600 |
4.600 |
4.600 |
4.600 |
4.600 |
|
|
Profit/loss brought forward |
137.115 |
130.044 |
261.884 |
289.643 |
344.826 |
|
|
Net profit/loss for the year |
48.609 |
7.071 |
-131.840 |
-27.759 |
-73.983 |
|
|
Total equity |
213.324 |
164.715 |
157.644 |
289.484 |
298.443 |
|
|
|
||||||
|
Total untaxed reserves |
0 |
0 |
0 |
32.453 |
101.670 |
|
|
Total provisions |
164.197 |
136.872 |
154.175 |
152.277 |
152.088 |
|
|
Liabilities to group and associated companies |
13.006 |
12.507 |
12.661 |
12.780 |
13.040 |
|
|
Other long-term liabilities |
76 |
76 |
76 |
76 |
76 |
|
|
Total long-term liabilities |
13.082 |
12.583 |
12.737 |
12.856 |
13.116 |
|
|
|
||||||
|
Accounts payable |
225.558 |
149.795 |
202.021 |
169.611 |
131.004 |
|
|
Liabilities to group and associated companies |
31.007 |
66.479 |
58.528 |
68.628 |
24.274 |
|
|
Other current liabilities |
426.758 |
423.753 |
520.965 |
509.281 |
396.295 |
|
|
Total current liabilities |
683.323 |
640.027 |
781.514 |
747.520 |
551.573 |
|
|
|
||||||
|
Total equity and liabilities |
1.073.926 |
954.197 |
1.106.070 |
1.234.590 |
1.116.890 |
|
|
Notes etc in TSEK |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
|
Employees |
446 |
442 |
478 |
508 |
529 |
|
Salaries others |
150.796 |
145.188 |
157.514 |
153.471 |
148.005 |
|
Total salaries |
150.796 |
145.188 |
157.514 |
153.471 |
148.005 |
|
Total salaries and remuneration |
150.796 |
145.188 |
157.514 |
153.471 |
148.005 |
|
Social security expenses |
74.248 |
66.194 |
69.283 |
64.928 |
62.193 |
|
Dividend |
0 |
0 |
0 |
0 |
0 |
|
Contractual severance pay |
No |
No |
No |
No |
Yes |
|
Total depreciation |
17.131 |
17.430 |
17.024 |
19.400 |
19.722 |
|
Floating charges |
10.000 |
10.000 |
29.000 |
29.000 |
29.000 |
|
Total pledged assets |
10.000 |
10.000 |
29.000 |
29.000 |
29.000 |
|
Other contingent liabilities |
9.910 |
14.782 |
16.780 |
6.548 |
6.455 |
|
Total contingent liabilities |
9.910 |
14.782 |
16.780 |
6.548 |
6.455 |
|
Audit report |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
|
Audit report |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
Original annual account |
|||||
|
Order by additional choice |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Ratios 1) |
||||||
|
Profitability |
|
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
|
Return on equity % |
20,7 1) |
23,4 |
4,4 |
-106,4 |
-31,7 |
-28,6 |
|
Return on total assets % |
8,4 1) |
5,3 |
1,5 |
-14,5 |
-7,3 |
-8,2 |
|
Average interest rate % |
-1,6 1) |
-0,8 |
-0,9 |
-0,7 |
-0,9 |
-0,8 |
|
Risk margin % |
6,2 1) |
4,5 |
0,6 |
-15,2 |
-8,2 |
-9,0 |
|
Gross margin % |
6,0 1) |
4,7 |
2,2 |
-10,1 |
-5,4 |
-7,1 |
|
Operating margin % |
4,2 1) |
3,6 |
0,9 |
-11,2 |
-6,7 |
-8,1 |
|
Net margin % |
3,5 1) |
3,3 |
0,5 |
-11,5 |
-7,0 |
-8,9 |
|
Interest cover |
5,4 1) |
8,6 |
2,0 |
-23,0 |
-11,0 |
-15,4 |
|
Capital circulation |
||||||
|
Capital turnover rate |
1,8 1) |
1,4 |
1,4 |
1,3 |
1,1 |
1,1 |
|
Cash Flow/Total liabilities % |
12,2 1) |
7,6 |
3,1 |
-15,5 |
-8,8 |
-12,0 |
|
Cash fl/finexp % |
635,8 1) |
>999,9 |
329,4 |
<-999,9 |
-984,8 |
<-999,9 |
|
Self-financing ratio % |
83,0 1) |
- |
- |
- |
-196,1 |
- |
|
Stock turnover/year |
7,9 1) |
5,0 |
5,7 |
6,9 |
3,6 |
3,9 |
|
Turnover/employee TSEK |
1.404,0 1) |
3.376,0 |
3.057,0 |
3.055,0 |
2.771,0 |
2.239,0 |
|
Lab costs/turnover % |
-21,8 1) |
-10,0 |
-10,7 |
-10,8 |
-10,9 |
-12,5 |
|
Working capital/turn % |
15,6 1) |
9,4 |
3,9 |
3,7 |
13,5 |
26,1 |
|
Acc rec/turnover % |
14,6 1) |
12,7 |
11,3 |
18,6 |
13,7 |
15,7 |
|
Stock/turnover % |
11,8 1) |
20,0 |
17,7 |
14,4 |
28,2 |
25,6 |
|
Short liabilities/turnover % |
24,9 1) |
45,4 |
47,4 |
53,5 |
53,1 |
46,6 |
|
Customer credit time |
51,9 1) |
28,5 |
39,3 |
39,8 |
33,6 |
- |
|
Credit period granted |
24,6 1) |
31,2 |
32,5 |
31,8 |
26,7 |
- |
|
Liquidity |
||||||
|
Current ratio % |
159,9 1) |
120,8 |
108,2 |
107,0 |
125,5 |
156,1 |
|
Quick ratio % |
101,1 1) |
76,6 |
70,8 |
80,0 |
72,4 |
101,0 |
|
Consolidation |
||||||
|
Equity/assets % |
27,1 1) |
19,9 |
17,3 |
14,2 |
25,3 |
33,1 |
|
Consolidation Ratio % |
28,7 1) |
19,9 |
17,3 |
14,2 |
26,1 |
35,8 |
|
Debt/equity ratio |
2,1 1) |
4,0 |
4,8 |
6,0 |
3,0 |
2,0 |
|
Risk ratio |
4,3 1) |
4,6 |
9,0 |
10,6 |
2,3 |
2,2 |
|
Fixed assets structure |
||||||
|
Financial assets structure % |
16,8 1) |
63,9 |
61,7 |
60,4 |
52,1 |
53,7 |
|
Intangible assets structure % |
6,7 1) |
- |
- |
- |
- |
0,9 |
|
Tangible assets structure % |
91,6 1) |
36,1 |
38,3 |
39,6 |
47,9 |
45,4 |
1) Values for
the industry in 2005 = Median for companies with at least
20 employees in industry 29569 i.e. Manufact of various
other special purpose machinery n e c
Analysis of the annual accounts (three years)
Profitability
Return on assets is low in spite of increasing profitability.
Enclosure 2.
Group relationship
|
Parent company etc |
Proprietary int |
As of |
Comments |
|
Kamewa Holding AB, 556381-1792 |
100 % |
2005-12 |
Cr. rating: undecided |
|
|
|||
|
Shareholder in parent company |
Ownership |
As of |
Comments |
|
Vinter International Ltd, Great Britain |
100 % |
2005-12 |
|
|
|
|||
|
Subsidiary,*sub-subsidiary etc |
Ownership |
As of |
Comments |
|
Kamewa Do Brasil Equipamentos Ltda, Brazil |
100 % |
2005-12 |
|
|
|
|||
|
Rolls Royce Australia Pty Ltd, Australia |
100 % |
2005-12 |
|
|
|
|||
|
Rolls Royce Hongkong Ltd, Hongkong |
100 % |
2005-12 |
|
|
|
|||
|
Stone Vickers Ltd, Great Britain |
100 % |
2005-12 |
|
|
|
|||
|
Rolls Royce Italia Srl, Italy |
99 % |
2005-12 |
|
|
|
|||
|
Rolls Royce Sarl, France |
99 % |
2005-12 |
|
|
|
|||
|
Rolls Royce Marine Deutschland GmbH, Germany |
84 % |
2005-12 |
|
|
|
|||
|
Former subsidiaries etc |
Ownership |
Comments |
|
Kamewa Belgien NV, Belgium |
>50 % |
Sold during 96 |
|
|
Former subsidiary |
|
|
|
||
|
Kamewa Holdings Ltd Oy, Finland |
>50 % |
Sold during 97 |
|
|
Former subsidiary |
|
|
|
||
|
Aquamaster Rauma Oy, Finland |
100 % |
Sold during 95 |
|
|
Former subsidiary |
|
|
|
||
|
Kamewa Canada Inc, Canada |
100 % |
Sold during 00 |
|
|
Former subsidiary |
|
|
|
||
|
Kamewa Danmark A/S, Denmark |
100 % |
Sold during 99 |
|
|
Former subsidiary |
|
|
|
||
|
Kamewa Finland Oy, Finland |
100 % |
Sold during 98 |
|
|
Former subsidiary |
|
|
|
||
|
Kamewa Benelux, Belgium |
100 % |
Sold during 99 |
|
|
Former subsidiary |
|
|
|
||
|
Kamewa Asia Ltd, Hongkong |
100 % |
|
|
|
Subsidiary until 01 |
|
|
|
||
|
Kamewa Singapore Pte Ltd, Singapore |
100 % |
Sold during 00 |
|
|
Former subsidiary |
|
|
|
||
|
Ff Jet Ltd, Finland |
100 % |
Sold 00-06 |
|
|
Former subsidiary |
|
|
|
||
Enclosure 3.
Real property list
|
Designation |
Municipality |
Ownership |
Ass. value year 2006 |
|
Norra Höja 3:2 |
Kristinehamn |
100 % |
9.803 TSEK |
|
|
|||
|
Sunneberg 1:32 |
Kristinehamn |
100 % |
2.706 TSEK |
|
|
|||
|
Koltrasten 1 |
Kristinehamn |
100 % |
400 TSEK |
|
|
|||
|
Lärkan 12 |
Kristinehamn |
100 % |
108 TSEK |
|
|
|||
|
Jakobsberg 1:4 |
Kristinehamn |
100 % |
0 TSEK |
|
|
|||
|
Jakobsberg 1:3 |
Kristinehamn |
100 % |
0 TSEK |
|
|
|||
|
Jakobsberg 1:9 |
Kristinehamn |
100 % |
0 TSEK |
|
|
|||
|
Jakobsberg 1:8 |
Kristinehamn |
100 % |
0 TSEK |
|
|
|||
|
Jakobsberg 1:6 |
Kristinehamn |
100 % |
0 TSEK |
|
|
|||
|
Jakobsberg 1:5 |
Kristinehamn |
100 % |
0 TSEK |
|
|
|||
Enclosure 4.
Establishments
|
Name |
Visiting address |
Post no |
Town |
|
Gustavsvik |
Båtbyggarevägen 1 |
681 95 |
Kristinehamn |
|
|
|||
|
Södra Verken Höje |
Varnumsleden 5 |
681 93 |
Kristinehamn |
|
|
|||
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions