MIRA INFORM REPORT
|
Report Date : |
28.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
REDLUNDS MANUFAKTUR AKTIEBOLAG |
|
|
|
|
Registered Office : |
Svansjövägen 4, Torestorp, Mark, 51100 Mark, Västra Götaland |
|
|
|
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Country : |
Sweden |
|
|
|
|
Financials (as on) : |
31.12.2009 |
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|
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Date of Incorporation : |
31.10.1977 |
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Com. Reg. No.: |
5561957357 |
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|
|
|
Legal Form : |
Private Company |
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|
|
|
Line of Business : |
trade in textile and clothing goods,
harness racing operations and securities trading and related operations |
RATING & COMMENTS
|
MIRA’s Rating : |
Aa |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
(KSEK) 5,100 |
|
Status : |
Good |
|
Payment
Behaviour : |
Regular |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
Sweden |
a1 |
a |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Company
Summary
|
Company Details |
|
|
Company Name |
Redlunds Manufaktur Aktiebolag |
|
Registered Number |
5561957357 |
|
Address |
Svansjövägen 4, Torestorp |
|
Town |
MARK |
|
PostCode |
51100 MARK |
|
Region |
VÄSTRA GÖTALAND |
|
Telephone |
0320-210540 |
|
Fax |
0320-210549 |
|
Legal Form |
A2 |
|
Currency |
KSEK (all financial data is in thousands) |
|
Share Capital |
200 |
|
Registration Date |
31/10/1977 |
|
Email |
henning.redlund@redlunds.se |
|
Web Address |
www.redlunds.se |
|
Company Type |
Privat aktiebolag AB |
|
Credit Information Summary |
|
|
Company Status |
Active |
|
Credit Rating Description |
Very good credit worthiness |
|
Credit Limit (KSEK) |
5,100 |
|
Purchase Limit |
15,700 |
|
Date of Latest Accounts |
31/12/2009 |
|
Net Sales |
62,783 |
|
Profit After Financial Items |
335 |
|
Net Worth |
18,334 |
|
Court Data Summary |
|
|
Record of Non-Payment |
|
|
Number Of CCJs |
0 |
|
Number Of Taxation Claims |
0 |
|
Number Of Payment Applications |
0 |
|
Debt Balance at Kronofogdemyndigheten |
|
|
Balance Single (KSEK) |
0 |
|
Balance Common ROP (KSEK) |
0 |
|
Total (KSEK) |
0 |
|
Number Single |
0 |
|
Number Common |
0 |
|
Total Number |
0 |
Additional
Information
|
Company Details |
|
|
Company Number |
5561957357 |
|
Company Name |
Redlunds Manufaktur Aktiebolag |
|
Activity Description |
Bolaget skall driva handel med textil- och konfektionsvaror,
travsportsverksamhet samt handel med värdepapper och därmed förenlig
verksamhet. (The
Company shall carry on trade in
textile and clothing goods, harness racing operations and securities
trading and related operations.) |
|
Trade Code |
47510 |
|
Trade Description |
Garn-, tyg- och sybehörsaffärer |
|
Taxes & Charges |
|
|
Registered Tax |
Yes |
|
Registered VAT |
Yes |
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Registered Employee Tax |
Yes |
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Other Information |
|
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Accountant Audited (YES/NO) |
With comm |
|
Employees |
25 |
|
Floating Charge |
21000 |
Accounts
& Ratios
|
Period |
|||||
|
Company Number |
5561957357 |
Changes |
5561957357 |
Changes |
5561957357 |
|
Accounts End Date |
2009-12-31T00:00:00 |
% |
2008-12-31T00:00:00 |
% |
2007-12-31T00:00:00 |
|
Number Of Months |
12 |
- |
12 |
- |
12 |
|
Currency |
KSEK |
- |
KSEK |
- |
KSEK |
|
Profit & Loss |
|||||
|
Turnover |
62,783 |
-9.0% |
68,962 |
-8.4% |
75,287 |
|
Total Operating Expenses |
61,022 |
-6.7% |
65,418 |
-10.0% |
72,705 |
|
Operating Result |
1,761 |
-50.3% |
3,544 |
37.3% |
2,582 |
|
Total Financial Income |
0 |
-100.0% |
157 |
-30.2% |
225 |
|
Total Financial Expenses |
1,427 |
-11.8% |
1,618 |
-3.5% |
1,677 |
|
Profit Loss After Financial Items |
335 |
-83.9% |
2,083 |
84.3% |
1,130 |
|
Taxation |
141 |
-76.1% |
589 |
29.7% |
454 |
|
Group Contribute |
0 |
- |
0 |
- |
0 |
|
Extraordinary Items |
0 |
- |
0 |
- |
0 |
|
Other Appropriations |
16 |
105.1% |
-312 |
-208.9% |
-101 |
|
Minority Interest And Profit |
0 |
- |
0 |
- |
0 |
|
Net Result |
210 |
-82.2% |
1,182 |
105.9% |
574 |
|
Other Information |
|||||
|
- Employee Costs |
2,475 |
-7.6% |
2,678 |
-2.6% |
2,749 |
|
- Dividends |
0 |
- |
0 |
- |
0 |
|
Balance Sheet |
|||||
|
Accounts End Date |
2009-12-31T00:00:00 |
% |
2008-12-31T00:00:00 |
% |
2007-12-31T00:00:00 |
|
Number Of Months |
12 |
|
12 |
|
12 |
|
Currency |
KSEK |
- |
KSEK |
- |
KSEK |
|
Intangible Fixed Assets |
0 |
- |
0 |
- |
0 |
|
- Goodwill |
0 |
- |
0 |
- |
0 |
|
- Other Intangible Assets |
0 |
- |
0 |
- |
0 |
|
Tangible Fixed Assets |
3,261 |
-6.6% |
3,491 |
71.8% |
2,032 |
|
- Land And Buildings |
3,041 |
-3.3% |
3,145 |
99.3% |
1,578 |
|
- Plant And Machinery |
0 |
- |
0 |
- |
0 |
|
- Other Tangible Fixed Assets |
220 |
-36.4% |
346 |
-23.8% |
454 |
|
Financial Fixed Assets |
1,081 |
40.2% |
771 |
10.8% |
696 |
|
Total Fixed Assets |
4,342 |
1.9% |
4,261 |
56.3% |
2,727 |
|
Inventories |
37,070 |
4.5% |
35,464 |
0.5% |
35,277 |
|
Trade Accounts Receivable |
8,898 |
17.2% |
7,594 |
-28.5% |
10,616 |
|
- Cash |
125 |
66.7% |
75 |
-71.2% |
260 |
|
- Miscellaneous Current Assets |
1,000 |
51.1% |
662 |
43.9% |
460 |
|
Total Current Assets |
47,093 |
7.5% |
43,795 |
-6.0% |
46,613 |
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|
|||||
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Current Liabilities |
|||||
|
- Trade Creditors |
7,707 |
2.4% |
7,529 |
-7.6% |
8,146 |
|
- Short Term Group Loans |
0 |
- |
0 |
- |
0 |
|
- Other Short Term Loans |
0 |
- |
0 |
- |
0 |
|
- Miscellaneous Current Liabilities |
1,311 |
-58.9% |
3,191 |
14.6% |
2,784 |
|
Total Current Liabilities |
9,018 |
-15.9% |
10,720 |
-1.9% |
10,930 |
|
Long Term Debts |
|||||
|
- Long Term Group Loans |
0 |
- |
0 |
- |
0 |
|
- Other Long Term Loans |
23,008 |
29.7% |
17,733 |
20.4% |
14,725 |
|
- Other Long Term Liabilities |
1,075 |
-26.5% |
1,463 |
-79.2% |
7,040 |
|
Total Long Term Debts |
24,083 |
25.5% |
19,196 |
-11.8% |
21,765 |
|
Shareholders Equity |
|||||
|
Issued Share Capital |
200 |
0.0% |
200 |
0.0% |
200 |
|
Share Premium Account |
0 |
- |
0 |
- |
0 |
|
Other Share Capital And Reserves |
14,355 |
1.5% |
14,145 |
9.1% |
12,963 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Shareholders Equity |
18,334 |
1.1% |
18,139 |
9.0% |
16,645 |
|
|
|||||
|
Working Capital |
38,075 |
15.1% |
33,075 |
-7.3% |
35,683 |
|
Net Worth |
18,334 |
1.1% |
18,139 |
9.0% |
16,645 |
|
|
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Ratios Analysis |
|||||
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|
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Return On Capital |
0.02 |
-84.4% |
0.12 |
69.4% |
0.07 |
|
Return On Capital Employed |
0.03 |
-55.8% |
0.08 |
35.1% |
0.06 |
|
Profit Margin |
0.03 |
-45.1% |
0.05 |
50.0% |
0.03 |
|
Gross Profit Margin |
0.34 |
0.0% |
0.34 |
13.8% |
0.30 |
|
Capital Turnover |
1.22 |
-14.9% |
1.44 |
-6.0% |
1.53 |
|
Solidity |
0.34 |
-5.4% |
0.36 |
11.6% |
0.32 |
|
Rate Of Return |
1.23 |
-46.0% |
2.29 |
36.6% |
1.67 |
|
|
|||||
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Acid Test Ratio |
1.11 |
43.0% |
0.78 |
-25.1% |
1.04 |
|
Inventory Turnover |
1.14 |
-10.4% |
1.28 |
-17.7% |
1.55 |
|
Average Payment Period |
41.38 |
28.7% |
32.16 |
-21.9% |
41.17 |
|
Turnover / Employee |
2,511.32 |
5.6% |
2,378.00 |
-5.2% |
2,509.57 |
|
Average Debt Equity Ratio |
0.04 |
-19.2% |
0.05 |
4.0% |
0.05 |
|
Cash Flow From Operation |
0.01 |
-72.0% |
0.03 |
92.3% |
0.01 |
|
Accounts Receivable Turnover |
7.05 |
-21.6% |
9.00 |
27.8% |
7.04 |
Limit
|
Industry Comparison |
|
|
Activity Code |
47510 |
|
Activity Description |
Garn-, tyg- och sybehörsaffärer |
|
Industry Average Credit Limit |
1 |
Record
of Payment / Debt Balance
|
Company CCJ's |
|
|
No CCJ's for this company. |
|
|
Company Tax Charges |
|
|
No CCJ's for this company. |
|
|
Company Debt Balance |
|
|
No company debt balance for this company. |
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Event
History
|
Event Date |
Event Description |
|
07/09/2010 |
New annual account |
|
07/09/2010 |
Credit limit decrease |
|
06/08/2010 |
New annual report (PDF) |
|
16/12/2009 |
Authorised signatory changed |
|
13/05/2009 |
New annual account |
|
13/05/2009 |
Credit limit decrease |
|
24/04/2009 |
New annual report (PDF) |
|
11/09/2008 |
New annual account |
|
13/08/2008 |
New annual report (PDF) |
|
01/02/2008 |
New annual account |
|
02/05/2007 |
New annual account |
|
10/08/2006 |
New annual account |
Group
Structure
|
No group structure for this company. |
Directors
|
Director |
|||||||||||
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Company Number |
5561957357 |
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Person Number |
4606295832 |
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Person Name |
Redlund, Sven Henning Lennart |
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From Date |
// |
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To Date |
// |
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Person Function |
Ledamot |
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Director |
|||||||||||
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Company Number |
5561957357 |
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Person Number |
7407265672 |
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Person Name |
Redlund, Sven Henrik |
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From Date |
01/11/2003 |
||||||||||
|
To Date |
// |
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Person Function |
Suppleant |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.40 |
|
UK Pound |
1 |
Rs.73.26 |
|
Euro |
1 |
Rs.65.17 |
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 |
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 |
|
---- |
NB |
New Business |
---- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.