MIRA
INFORM REPORT
|
Report Date : |
05.09.2007 |
IDENTIFICATION DETAILS
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Name : |
Sandvik |
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Registered Office : |
233 81 Svedala |
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Country : |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
1916-01 |
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Com. Reg. No.: |
556013-0535 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture of machinery for mining, quarrying and
construction. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
10.000 TSEK |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Sandvik
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Company
no |
556013-0535 |
|
233 81 Svedala |
Telephone |
+46-40-40
90 00 |
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Visiting
address Stationsplan |
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Group of companies
Part of Sandvik Invest AB-group
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New
Managing Director |
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Credit opinion
Industry Risk Forecast: 0,5 %
Median value for limited company in industry 29520, such as
Manufact of machinery for mining, quarrying and construction.
Other information may of course affect your assessment of
the risk
General
information and history
|
Legal
form |
Limited
company, private |
|
Vat-number |
SE
556013053501 |
|
Registered
office |
Svedala municipality
in Skåne county |
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Number of locations |
2 |
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Main
establishment |
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Name |
Head
office |
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Visiting
address |
Stationsplan, 233 31 Svedala |
For a full list of establishments, see enclosure
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Description
of business activities |
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Manufacture
of machinery for mining, quarrying and construction. |
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(Main
business according to Statistics Sweden, SNI2002: 29520) |
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History |
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1916-01 |
Comp
reg under the current reg no and name: AB Åbjörn Anderson |
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1970-10 |
Changed
name to: |
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1993-04 |
Company
registered to pay business tax |
|
--- |
Company
was registered to pay VAT |
|
--- |
Company
was registered to pay employer contributions |
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2001-10 |
Company
reg under the current name |
|
2006-03 |
Nils
Evert Karlsson resigned as Managing Director |
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2006-05 |
Articles
of Association adopted |
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2007-02 |
Claes
Lundström 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 9001:2000 certified
The company/part of the company is ISO 14001:2004 certified
Customs have granted the company to bring home goods/credit
permit
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.
|
Claes
Lundström, Birth:1965 |
Managing
Director |
Reg.
in company |
|
Thomas
Anders Oscar Warringer, Birth:1953 |
Regular
member |
Reg.
in company |
|
Olli
Tapani Haavisto, Birth:1956 |
Regular
member |
Reg.
in company |
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Living
abroad |
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Thomas
Schulz, Birth:1965 |
Regular
member |
Reg.
in company |
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Egil
Arnfinn Hansen, Birth:1952 |
Reg.
memb. and empl. repr. |
Reg.
in company |
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Lars
Bjermer, Birth:1957 |
Reg.
memb. and empl. repr. |
Reg.
in company |
|
Mats
Tindberg, Birth:1954 |
Dep.
memb. and empl. repr. |
Reg.
in company |
|
Leif
Roger Göthed, Birth:1970 |
Dep.
memb. and empl. repr. |
Reg.
in company |
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Kpmg
|
Audit
firm |
Reg.
in company |
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Board
members etc that have left the company during the last two years |
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Nils
Evert Karlsson, Birth:1948 |
MD
and Regular member |
Deregistered |
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Bernt
Nilsson, Birth:1947 |
Regular
member |
Reg.
in company |
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Deregistered |
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Lars
Josefsson, Birth:1953 |
Regular
member |
Reg.
in company |
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Deregistered |
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Jarmo
Arttu Tapani Juntunen, Birth:1956 |
Deputy
member |
Reg.
in company |
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Deregistered |
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Living
abroad |
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Board of directors data
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The
information refers to members residing in |
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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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-Eriksson,
Lars Erik |
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-Haavisto,
Olli Tapani |
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-Josefsson,
Lars Olof |
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-Lundström,
Claes Daniel |
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-Nilsson,
Bernt Erik Seve |
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-Schulz,
Thomas |
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-Sjölin,
Ulf Stefan |
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-Warringer,
Thomas Anders Oscar |
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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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Lars
Erik Eriksson, Birth:1947 |
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'Bernt'
Erik Seve Nilsson, Birth:1947 |
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Ulf
Stefan Sjölin, Birth:1952 |
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'Lars'
Olof Josefsson, Birth:1953 |
Group relationship
etc
|
Ultimate
parent company |
As
of |
Comments |
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Sandvik
Invest AB, 556020-6517 |
2006-12 |
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Shareholder
in ultimate parent company |
Ownership |
As
of |
Comments |
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100 % |
2006-12 |
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Parent
company etc |
Proprietary int |
As
of |
Comments |
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Swedish
Remedy Holding AB, 556610-2868 |
100 % |
2006-12 |
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For a complete specification of subsidiaries etc, see
enclosure
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Annual
accounts |
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Inc.
statement in TSEK |
0601-0612 |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
|
Net
sales |
+1.932.608 |
+1.474.667 |
+1.406.227 |
+998.377 |
+992.138 |
|
Profit/loss
after financial items |
+186.055 |
+122.354 |
+129.912 |
+39.381 |
+123.987 |
|
Balance
sheet in TSEK |
0601-0612 |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
|
Total
fixed assets |
293.418 |
303.220 |
298.801 |
284.877 |
192.140 |
|
Total
current assets |
889.134 |
784.950 |
701.648 |
646.506 |
497.811 |
|
Total
equity |
228.876 |
323.363 |
412.959 |
346.193 |
391.852 |
|
Total
long-term liabilities |
0 |
0 |
0 |
0 |
0 |
|
Total
current liabilities |
867.993 |
669.665 |
487.912 |
490.499 |
202.211 |
|
Total
equity and liabilities |
1.182.552 |
1.088.170 |
1.000.449 |
931.383 |
689.951 |
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Notes
etc |
0601-0612 |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
|
Employees |
511 |
503 |
530 |
473 |
467 |
|
Audit
report |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
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Ratios |
||||||
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Ratios1) |
|
0601-0612 |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
|
Equity/assets
% |
30,11) |
22,9 |
34,3 |
46,7 |
43,3 |
64,8 |
|
Consolidation
Ratio % |
33,31) |
24,4 |
36,2 |
49,1 |
45,9 |
68,2 |
|
Quick
ratio % |
90,61) |
54,1 |
66,3 |
86,9 |
86,8 |
155,7 |
|
Return
on total assets % |
10,91) |
16,6 |
11,8 |
13,6 |
5,0 |
18,1 |
|
Cash
Flow/Total liabilities % |
18,11) |
19,8 |
18,6 |
26,0 |
13,7 |
60,4 |
|
Risk
margin % |
8,71) |
15,5 |
11,0 |
12,4 |
3,6 |
17,8 |
1) Values for the industry
in 2006 = Median for companies with at least
20 employees in industry 29500 i.e. Manufacture of other special
purpose machinery
Analysis of the annual accounts (three years)
Special comments relating the future
If the consolidation rate continues to decline, it will be
very low in the next annual report.
Note: the forecast for the company's
insolvency is very low.
For the complete annual accounts and all ratios, see
enclosure
|
Share
capital |
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Total |
67.000 TSEK |
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Chattel mortgages
|
Total |
19.600,0 TSEK |
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The most recently issued mortgages
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1987-01 |
1.000,0 TSEK |
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1987-01 |
1.000,0 TSEK |
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1986-08 |
1.100,0 TSEK |
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1981-09 |
1.000,0 TSEK |
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1981-09 |
1.000,0 TSEK |
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Unprivileged claims in clients´ bankruptcies
We has not been notified about any unprivileged claims in
bankruptcies in the last 2 years.
Properties
Owns 100 % of 5 property, ass. at 55.211 TSEK
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Designation |
Svedala
70:6 |
Owns |
100 % |
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Municipality |
Svedala |
Acquisition
date |
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Property
type |
423, Industrial
unit, metal and engineering industry |
Assessed
value in 2006 |
51.186 TSEK |
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Area |
812 sq
m |
Jointly
assessed |
Yes |
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Type
of acquisition |
Purchase |
Purchase
price |
Unknown |
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Designation |
Svedala
70:7 |
Owns |
100 % |
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Municipality |
Svedala |
Acquisition
date |
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Property
type |
423, Industrial
unit, metal and engineering industry |
Assessed
value in 2006 |
51.186 TSEK |
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|
Area |
867 sq
m |
Jointly
assessed |
Yes |
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|||
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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.
No debt registered with the Swedish Enforcement Authority.
Group relationship
|
Ultimate
parent company |
As
of |
Comments |
|
Sandvik
Invest AB, 556020-6517 |
2006-12 |
Cr.
rating 5 |
|
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||
|
Shareholder
in ultimate parent company |
Ownership |
As
of |
Comments |
|
|
100 % |
2006-12 |
|
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|||
|
Parent
company etc |
Proprietary int |
As
of |
Comments |
|
Swedish
Remedy Holding AB, 556610-2868 |
100 % |
2006-12 |
Cr.
rating 5 |
|
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|||
|
Subsidiary,*sub-subsidiary
etc |
Ownership |
As
of |
Comments |
|
Förvaltningsbolaget Predio 4 Kommanditbolag, 916624-2181 |
99 % |
2006-12 |
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Minority
interests |
Proprietary int |
As
of |
Comments |
|
Fintec
Crushing & Screening Ltd |
49 % |
2006-12 |
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Former
parent companies etc |
Ownership |
Comments |
|
Svedala
Industri AB, 556078-8969 |
100 % |
Liquidated
2003-06 |
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|
Parent
company until 01 |
|
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|
Metso
Tj Holding AB, 556067-2262 |
|
Liquidated
2005-11 |
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|
Ultimate
parent company at that time |
|
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|
Svedala
Industri AB, 556078-8969 |
100 % |
Liquidated
2003-06 |
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|
Parent
company until 01-09 |
|
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|
||
|
Former
subsidiaries etc |
Ownership |
Comments |
|
Sveda
Australia Ltd, |
100 % |
Sold
during 97 |
|
|
Former
subsidiary |
|
|
|
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Annual accounts and
ratios
|
Annual
accounts |
||||||
|
Inc.
statement in TSEK |
0601-0612 |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
|
|
Net
sales |
+1.932.608 |
+1.474.667 |
+1.406.227 |
+998.377 |
+992.138 |
|
|
Cost
of goods sold |
-1.577.292 |
-1.176.860 |
-1.101.438 |
-801.348 |
-713.319 |
|
|
Gross
profit/loss |
+355.316 |
+297.807 |
+304.789 |
+197.029 |
+278.819 |
|
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|
Selling
expenses |
-81.163 |
-92.170 |
-100.968 |
-100.639 |
-107.082 |
|
|
Administrative
expenses |
-28.956 |
-40.036 |
-33.209 |
-29.048 |
-26.703 |
|
|
Research/Dev
costs |
+50.722 |
+39.063 |
+36.481 |
+21.260 |
+24.689 |
|
|
Other
operating income |
0 |
0 |
+1.550 |
0 |
0 |
|
|
Operating
profit/loss |
+194.475 |
+126.538 |
+135.681 |
+46.082 |
+120.345 |
|
|
|
||||||
|
Interest income group companies |
+1.368 |
+898 |
+477 |
0 |
+4.196 |
|
|
External
interest income |
+721 |
+604 |
+420 |
+299 |
+229 |
|
|
Total
financial income |
+2.089 |
+1.502 |
+897 |
+299 |
+4.425 |
|
|
Interest
expense to group companies |
-9.824 |
-5.499 |
-6.414 |
0 |
0 |
|
|
External
interest expenses |
-685 |
-187 |
-252 |
-4.476 |
-783 |
|
|
Other
financial expenses |
0 |
0 |
0 |
-2.524 |
0 |
|
|
Total
financial expenses |
-10.509 |
-5.686 |
-6.666 |
-7.000 |
-783 |
|
|
Profit/loss after financial items |
+186.055 |
+122.354 |
+129.912 |
+39.381 |
+123.987 |
|
|
|
||||||
|
Profit/loss before appropriations |
+186.055 |
+122.354 |
+129.912 |
+39.381 |
+123.987 |
|
|
Appropriations |
+11.794 |
+6.754 |
+3.551 |
-2.515 |
-6.321 |
|
|
Group
contribution |
0 |
0 |
0 |
-26.500 |
-48.500 |
|
|
Profit/loss
before tax |
+197.849 |
+129.108 |
+133.463 |
+10.366 |
+69.166 |
|
|
Tax |
-55.513 |
-36.384 |
-35.785 |
-3.974 |
-21.668 |
|
|
Net
profit/loss for the year |
+142.336 |
+92.724 |
+97.678 |
+6.391 |
+47.498 |
|
|
Balance
sheet in TSEK |
0601-0612 |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
|
|
Capitalised
expenditure for R and D projects |
0 |
0 |
0 |
7.000 |
0 |
|
|
Total
intangible assets |
0 |
0 |
0 |
7.000 |
0 |
|
|
Land
and buildings |
115.027 |
113.868 |
117.453 |
117.385 |
29.304 |
|
|
Machinery |
81.123 |
84.148 |
85.356 |
91.541 |
105.441 |
|
|
Equipment |
46.484 |
51.968 |
53.244 |
47.387 |
40.907 |
|
|
Total
machinery and equipment |
127.607 |
136.116 |
138.600 |
138.928 |
146.348 |
|
|
Other
tangible assets |
24.188 |
29.125 |
29.352 |
10.155 |
8.241 |
|
|
Total
tangible assets |
266.822 |
279.109 |
285.405 |
266.468 |
183.893 |
|
|
Participations
in group and associated companies |
0 |
0 |
8.646 |
0 |
2.524 |
|
|
Other
financial assets |
26.596 |
24.111 |
4.750 |
11.409 |
5.723 |
|
|
Total
financial assets |
26.596 |
24.111 |
13.396 |
11.409 |
8.247 |
|
|
Total
fixed assets |
293.418 |
303.220 |
298.801 |
284.877 |
192.140 |
|
|
|
||||||
|
Other
inventories |
419.180 |
340.701 |
277.731 |
220.508 |
182.899 |
|
|
Total
inventories |
419.180 |
340.701 |
277.731 |
220.508 |
182.899 |
|
|
Accounts
receivable |
108.828 |
114.725 |
131.208 |
99.937 |
50.300 |
|
|
Receivables
from group and associated companies |
267.848 |
271.013 |
237.357 |
279.624 |
240.438 |
|
|
Other
current receivables |
54.766 |
45.111 |
28.787 |
40.240 |
12.586 |
|
|
Total
current receivables |
431.442 |
430.849 |
397.352 |
419.801 |
303.324 |
|
|
Total
cash and bank balances |
38.512 |
13.400 |
26.565 |
6.197 |
11.588 |
|
|
Total
current assets |
889.134 |
784.950 |
701.648 |
646.506 |
497.811 |
|
|
|
||||||
|
Total
assets |
1.182.552 |
1.088.170 |
1.000.449 |
931.383 |
689.951 |
|
|
Balance
sheet in TSEK |
0601-0612 |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
|
|
Share
capital |
67.000 |
67.000 |
67.000 |
67.000 |
67.000 |
|
|
Other
restricted equity |
13.400 |
13.400 |
13.400 |
13.400 |
13.400 |
|
|
Group
contribution |
-149.323 |
0 |
-18.350 |
0 |
0 |
|
|
Profit/loss
brought forward |
155.463 |
150.239 |
253.231 |
259.402 |
263.954 |
|
|
Net
profit/loss for the year |
142.336 |
92.724 |
97.678 |
6.391 |
47.498 |
|
|
Total
equity |
228.876 |
323.363 |
412.959 |
346.193 |
391.852 |
|
|
|
||||||
|
Total
untaxed reserves |
59.409 |
71.202 |
77.957 |
81.508 |
78.991 |
|
|
Total
provisions |
26.274 |
23.940 |
21.621 |
13.183 |
16.897 |
|
|
Total
long-term liabilities |
0 |
0 |
0 |
0 |
0 |
|
|
|
||||||
|
Accounts
payable |
131.789 |
87.035 |
91.147 |
64.616 |
49.076 |
|
|
Liabilities to group and associated companies |
580.868 |
449.564 |
251.271 |
0 |
38.537 |
|
|
Other
current liabilities |
155.336 |
133.066 |
145.494 |
425.883 |
114.598 |
|
|
Total
current liabilities |
867.993 |
669.665 |
487.912 |
490.499 |
202.211 |
|
|
|
||||||
|
Total
equity and liabilities |
1.182.552 |
1.088.170 |
1.000.449 |
931.383 |
689.951 |
|
|
Notes
etc in TSEK |
0601-0612 |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
|
Employees |
511 |
503 |
530 |
473 |
467 |
|
Salaries
board/MD |
0 |
1.142 |
1.379 |
1.292 |
945 |
|
Salaries
others |
170.335 |
166.959 |
163.800 |
141.568 |
134.739 |
|
Total
salaries |
170.335 |
168.101 |
165.179 |
142.860 |
135.684 |
|
Bonus
to board/MD |
0 |
492 |
420 |
0 |
203 |
|
Total
salaries and remuneration |
170.335 |
168.593 |
165.599 |
142.860 |
135.887 |
|
Social
security expenses |
72.382 |
71.032 |
74.960 |
86.274 |
49.740 |
|
Dividend |
0 |
87.500 |
88.000 |
10.700 |
52.050 |
|
Contractual
severance pay |
No |
No |
No |
No |
No |
|
Total
depreciation |
46.278 |
42.827 |
38.560 |
33.411 |
30.150 |
|
-of
which depr cost of goods sold |
40.618 |
39.967 |
35.911 |
31.060 |
|
|
-of
which depreciation selling expenses |
305 |
388 |
561 |
821 |
|
|
-of
which depr admin costs |
4.734 |
1.835 |
1.459 |
1.530 |
|
|
-of
which depr cost R and D |
621 |
637 |
629 |
0 |
|
|
Total
pledged assets |
0 |
0 |
0 |
0 |
0 |
|
Other
contingent liabilities |
81.746 |
28.065 |
32.832 |
26.361 |
58.889 |
|
Total
contingent liabilities |
81.746 |
28.065 |
32.832 |
26.361 |
58.889 |
|
Audit
report |
0601-0612 |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
|
Audit
report |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
Original
annual account |
|||||
|
Order
by Annual Accounts Direct etc |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Ratios 1) |
||||||
|
Profitability |
|
0601-0612 |
0501-0512 |
0401-0412 |
0301-0312 |
0201-0212 |
|
Return
on equity % |
28,31) |
68,8 |
32,8 |
27,8 |
9,8 |
27,7 |
|
Return
on total assets % |
10,91) |
16,6 |
11,8 |
13,6 |
5,0 |
18,1 |
|
Average
interest rate % |
-1,51) |
-1,2 |
-0,8 |
-1,2 |
-1,3 |
-0,3 |
|
Risk
margin % |
8,71) |
15,5 |
11,0 |
12,4 |
3,6 |
17,8 |
|
Gross
margin % |
7,91) |
10,1 |
8,6 |
9,6 |
4,6 |
12,1 |
|
Operating
margin % |
5,71) |
10,1 |
8,6 |
9,6 |
4,6 |
12,1 |
|
Net
margin % |
5,71) |
9,6 |
8,3 |
9,2 |
3,9 |
12,5 |
|
Interest
cover |
9,61) |
18,7 |
22,5 |
20,5 |
6,6 |
159,4 |
|
Capital
circulation |
||||||
|
Capital
turnover rate |
1,81) |
1,6 |
1,4 |
1,4 |
1,1 |
1,4 |
|
Cash
Flow/Total liabilities % |
18,11) |
19,8 |
18,6 |
26,0 |
13,7 |
60,4 |
|
Cash
fl/finexp % |
946,21) |
>999,9 |
>999,9 |
>999,9 |
983,1 |
>999,9 |
|
Self-financing
ratio % |
200,21) |
- |
>999,9 |
952,9 |
74,2 |
- |
|
Stock
turnover/year |
6,91) |
4,6 |
4,3 |
5,1 |
4,5 |
5,4 |
|
Turnover/employee TSEK |
1.593,5 1) |
3.782,0 |
2.931,0 |
2.656,0 |
2.110,0 |
2.124,0 |
|
Lab
costs/turnover % |
-20,21) |
-8,8 |
-11,4 |
-11,8 |
-14,3 |
-13,7 |
|
Working
capital/turn % |
13,11) |
1,1 |
7,8 |
15,2 |
15,6 |
29,8 |
|
Acc
rec/turnover % |
13,61) |
5,6 |
7,8 |
9,3 |
10,0 |
5,1 |
|
Stock/turnover
% |
14,31) |
21,7 |
23,1 |
19,7 |
22,1 |
18,4 |
|
Short
liabilities/turnover % |
24,11) |
44,9 |
45,4 |
34,6 |
49,1 |
20,4 |
|
Customer
credit time |
50,11) |
14,4 |
20,8 |
20,5 |
18,8 |
- |
|
Credit
period granted |
24,91) |
14,2 |
15,1 |
13,8 |
14,2 |
- |
|
Liquidity |
||||||
|
Current
ratio % |
145,31) |
102,4 |
117,2 |
143,8 |
131,8 |
246,2 |
|
Quick
ratio % |
90,61) |
54,1 |
66,3 |
86,9 |
86,8 |
155,7 |
|
Consolidation |
||||||
|
Equity/assets
% |
30,11) |
22,9 |
34,3 |
46,7 |
43,3 |
64,8 |
|
Consolidation
Ratio % |
33,31) |
24,4 |
36,2 |
49,1 |
45,9 |
68,2 |
|
Debt/equity
ratio |
2,21) |
3,4 |
1,9 |
1,1 |
1,3 |
0,5 |
|
Risk
ratio |
6,41) |
35,7 |
8,7 |
8,0 |
7,6 |
15,0 |
|
Fixed
assets structure |
||||||
|
Financial
assets structure % |
18,81) |
9,1 |
8,0 |
4,5 |
4,0 |
4,3 |
|
Intangible
assets structure % |
3,71) |
- |
- |
- |
2,4 |
- |
|
Tangible
assets structure % |
92,91) |
90,9 |
92,0 |
95,5 |
93,5 |
95,7 |
1) Values
for the industry in 2006 = Median for companies with at
least 20 employees in industry 29500 i.e. Manufacture of other
special purpose machinery
Analysis of the annual accounts (three years)
Consolidation
The level of consolidation is still acceptable even though
it is decreasing.
It is primarily the equity that is decreasing.
Liquidity
Quick ratio is low and decreasing.
It is primarily other current liabilities that are
increasing.
Special comments relating the future
If the consolidation rate continues to decline, it will be
very low in the next annual report.
Note: the forecast for the company's
insolvency is very low.
|
Designation |
Municipality |
Ownership |
Ass. value year 2006 |
|
Svedala
70:6 |
Svedala |
100 % |
51.186 TSEK |
|
|
|||
|
Svedala
70:7 |
Svedala |
100 % |
(51.186) TSEK |
|
|
|||
|
Svedala
74:1 |
Svedala |
100 % |
49.560 TSEK |
|
|
|||
|
Svedala
69:6 |
Svedala |
100 % |
(49.498) TSEK |
|
|
|||
|
Svedala
126:14 |
Svedala |
100 % |
3.963 TSEK |
Assessment value in brackets refers to jointly taxed
property.
|
Name |
Visiting
address |
Post
no |
Town |
|
Head
office |
Stationsplan |
233 31 |
Svedala |
|
|
|||
|
|
Bondegatan
42 |
820 10 |
Arbrå |
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. |
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%)