MIRA
INFORM REPORT
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Report Date : |
15.01.2007 |
IDENTIFICATION DETAILS
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Name : |
Teracom Components AB |
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Registered Office : |
Sallerup 2120, 242 91 Hörby, Visiting address Sallerup 2120 |
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Country : |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
1993 |
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Com. Reg. No.: |
556476-8652 |
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Legal Form : |
Limited Company, Private |
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Line of Business : |
Manufacture of electricity distribution and control apparatus. |
RATING & COMMENTS
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MIRA’s Rating : |
Aa |
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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 : |
7.000 TSEK |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Teracom
Components AB |
Company no |
556476-8652 |
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Sallerup 2120 |
Telephone |
+46-415-164 00 |
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242 91 Hörby |
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Visiting address Sallerup 2120 |
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Group of companies
Part of Regeringskansliet-group
Note: Major changes have been made in the company's board during the
last 12 months. Lack of continuity in the management group may negatively
influence the company's stability.
Note: Notification of a change in the board of directors, managing
director, authorised signatory has been submitted to the Registration Office
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New Reg. Board member |
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Art. of assoc. adopted |
2006-04 |
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Board memb. resigned |
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New Reg. Board member |
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Credit opinion
The company's ownership structure or group affiliation
implies a very low risk of insolvency generally.
Historical Credit Ratings
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Date |
Credit Rating |
Risk Forecast |
Reason |
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2006-10-27 |
5 |
0,10 % |
Started reporting
historical credit ratings |
Industry Risk Forecast: 0,4 %
Median value for limited company in industry 31200, such as
Manufacture of electricity distribution and control apparatus.
Other information may of course affect your assessment of the risk
Credit limit: 7.000 TSEK
Applies to short-term credit facilities. The limit has been set
using a formula that takes into consideration the annual accounts included in
this
General
information and history
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Legal form |
Limited company, private |
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Vat-number |
SE 556476865201 |
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Registered office |
Hörby municipality in Skåne county |
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Number of locations |
1 |
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Main establishment |
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Name |
Head office |
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Visiting address |
Sallerup 2120, 242 91 Hörby |
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Description of
business activities |
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Manufacture of
electricity distribution and control apparatus. |
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(Main business
according to Statistics Sweden, SNI2002: 31200) |
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Construction and
other engineering activities |
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(Subsidiary
business according to Statistics Sweden, SNI2002: 74202) |
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History |
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1993-11 |
Company reg under the current reg no and name |
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1993-11 |
Hans Lundbäck new Managing Director |
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1994-01 |
Company registered to pay business tax |
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--- |
Company was registered to pay employer contributions |
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--- |
Company was registered to pay VAT |
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2006-04 |
Articles of Association adopted |
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Matters pending
with Registration Office |
Reg date |
Jour no |
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Change regarding board, MD, authorization to sign |
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750707 |
Non categorized information
The company/part of the company is ISO-9001 certified
The company/part of the company is ISO-14001 certified
Customs have granted the company to bring home goods/credit permit
Link to homepage
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.
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Hans Lundbäck, Birth:1944 |
Managing Director |
Reg. in company |
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Bengt Ernest Broman, Birth:1953 |
Regular member |
Reg. in company |
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Thomas Buhre, Birth:1955 |
Regular member |
Reg. in company |
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Per Malmrud, Birth:1964 |
Regular member |
Reg. in company |
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Ernst & Young AB |
Revisionsföretag |
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Per Hedström |
Deputy auditor |
Reg. in company |
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Board members etc
that have left the company during the last two years |
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Göran Arvedal, Birth:1944 |
Regular member |
Reg. in company |
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Deregistered |
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Mai Persson, Birth:1949 |
Regular member |
Reg. in company |
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Deregistered |
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Ulla Margareta Sandborgh, Birth:1960 |
Regular member |
Reg. in company |
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Deregistered |
Board of directors data
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No of board members
(ord members and MD) |
4 |
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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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-Ledamöterna |
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Dessutom
har verkställande direktören rätt att teckna firman |
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beträffande löpande
förvaltningsåtgärder |
Note: Major changes have been made in the company's board during the
last 12 months. Lack of continuity in the management group may negatively
influence the company's stability.
Note: Notification of a change in the board of directors, managing
director, authorised signatory has been submitted to the Registration Office
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Ultimate parent
company |
As of |
Comments |
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Regeringskansliet,
202100-3831 |
2005-12 |
Cr. rating:
undecided |
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Parent company etc |
Proprietary int |
As of |
Comments |
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100 % |
2005-12 |
Cr. rating 5 |
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Former subsidiaries
etc |
Ownership |
Comments |
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Teracom Components Inc, |
100 % |
Sold during 04 |
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Former subsidiary |
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Teracom Components Broadcast Inc, |
100 % |
Deregistered during 05 due to liquidation |
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Former subsidiary |
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Teracom Components Beijing Co Ltd, |
100 % |
Sold during 04 |
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Former subsidiary |
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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 |
+144.757 |
+99.822 |
+97.063 |
+105.130 |
+164.315 |
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Personnel costs |
-19.898 |
-16.492 |
-36.598 |
-36.094 |
-34.926 |
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Profit/loss after
financial items |
+5.859 |
-10.303 |
-29.207 |
-50.550 |
-3.269 |
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Balance sheet
in TSEK |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
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Total fixed assets |
11.579 |
10.435 |
23.430 |
43.629 |
29.238 |
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Total current
assets |
76.325 |
66.543 |
76.650 |
86.139 |
117.014 |
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Total equity |
48.520 |
44.326 |
14.652 |
18.948 |
9.442 |
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Total long-term
liabilities |
0 |
0 |
3.857 |
3.521 |
45.192 |
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Total current
liabilities |
37.417 |
30.718 |
77.215 |
102.722 |
87.234 |
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Total equity and
liabilities |
87.904 |
76.978 |
100.080 |
129.768 |
146.252 |
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Notes etc |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
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Employees |
28 |
28 |
62 |
71 |
68 |
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Audit report |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
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Ratios |
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Ratios 1) |
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0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
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Equity/assets % |
36,6 1) |
55,2 |
57,6 |
14,6 |
14,6 |
6,4 |
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Consolidation Ratio
% |
37,9 1) |
55,2 |
57,6 |
14,6 |
14,6 |
6,4 |
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Quick ratio % |
106,5 1) |
130,0 |
105,8 |
42,8 |
40,5 |
58,5 |
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Return on total
assets % |
12,8 1) |
7,5 |
-9,5 |
-24,3 |
-35,0 |
0,7 |
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Cash Flow/Total
liabilities % |
18,9 1) |
14,2 |
8,6 |
-23,1 |
-33,0 |
0,6 |
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Risk margin % |
10,9 1) |
5,7 |
-18,6 |
-30,0 |
-39,6 |
-2,4 |
1) Values for the industry in 2005 =
Median for companies with at least 20 employees in
industry 31200 i.e. Manufact of electricity distribution and
control apparatus
For the complete annual accounts and all ratios, see
enclosure
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Share capital |
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Total |
5.000 TSEK |
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The most recently registered changes in the share capital
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1998-09 |
4.000 TSEK |
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New issue |
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1997-10 |
950 TSEK |
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New issue |
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Chattel mortgages
We has not been notified about any chattel mortgages.
Unprivileged claims in clients´ bankruptcies
We has not been notified about any unprivileged claims in
bankruptcies in the last 2 years.
Properties
Assessed for 100 % of 1 property on leasehold site, ass. at 2.384
TSEK
Payment
complaints, complaints and other payment information
No complaints have been registered.
No debt registered with the Swedish Enforcement Authority as at
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 |
+144.757 |
+99.822 |
+97.063 |
+105.130 |
+164.315 |
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Change in
inventories of prod etc |
-1.693 |
-4.696 |
+4.570 |
-19.504 |
+6.601 |
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Other operating
income |
+2.325 |
+1.433 |
+4.328 |
+2.472 |
+9.357 |
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Raw
materials/consumables |
-101.802 |
-64.627 |
-69.824 |
-56.962 |
-99.624 |
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Other external
costs |
-15.763 |
-18.349 |
-12.409 |
-27.982 |
-33.069 |
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Personnel costs |
-19.898 |
-16.492 |
-36.598 |
-36.094 |
-34.926 |
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Depreciation |
-1.391 |
-2.524 |
-5.334 |
-5.509 |
-3.966 |
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Other operating
expenses |
-67 |
-2.046 |
-6.137 |
-6.984 |
-7.967 |
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Operating
profit/loss |
+6.468 |
-7.479 |
-24.341 |
-45.433 |
+721 |
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External interest
income |
+110 |
+136 |
+37 |
+71 |
+354 |
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Total financial
income |
+110 |
+136 |
+37 |
+71 |
+354 |
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Interest expense to
group companies |
-704 |
-2.891 |
-4.622 |
-4.910 |
-3.927 |
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External interest
expenses |
-15 |
-69 |
-281 |
-278 |
-417 |
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Total financial
expenses |
-719 |
-2.960 |
-4.903 |
-5.188 |
-4.344 |
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Profit/loss after
financial items |
+5.859 |
-10.303 |
-29.207 |
-50.550 |
-3.269 |
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Profit/loss before appropriations |
+5.859 |
-10.303 |
-29.207 |
-50.550 |
-3.269 |
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Appropriations |
0 |
0 |
0 |
0 |
+1.497 |
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Profit/loss before
tax |
+5.859 |
-10.303 |
-29.207 |
-50.550 |
-1.772 |
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Tax |
-1.665 |
+10.598 |
+4.111 |
+8.456 |
+199 |
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Net profit/loss for
the year |
+4.194 |
+295 |
-25.096 |
-42.094 |
-1.573 |
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Balance sheet
in TSEK |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
0101-0112 |
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Total intangible
assets |
0 |
0 |
0 |
0 |
0 |
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Land and buildings |
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RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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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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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 |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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