MIRA INFORM REPORT
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Report Date : |
19.08.2011 |
IDENTIFICATION DETAILS
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Name : |
Exir Broadcasting and Telecom AB |
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Registered Office : |
Sallerup 2120, Hărby, 242 91 |
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Country : |
Sweden |
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Financials (as on) : |
31.12.2009 |
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Year of Establishment : |
1923 |
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Com. Reg. No.: |
5564768652 |
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Legal Form : |
Private Subsidiary Company |
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Line of Business : |
Development and manufacture
of passive coaxial components and systems for the broadcasting and telecom
industries |
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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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Sweden |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
Exir Broadcasting and Telecom AB
Sallerup 2120
HĂrby, 242 91
Sweden
Tel: 46 (415) 164 00
Fax: 46 (415) 164 01
Web: www.exirbt.com
Synthesis
Employees: 19
Company Type: Private Subsidiary
Corporate Family: 3
Companies
Ultimate Parent: Exirgruppen AB
Incorporation Date: 1923
Financials in: USD
(Millions)
Fiscal Year End:
31-Dec-2009
Reporting Currency: Swedish
Krona
Annual Sales: 10.1
Total Assets: NA
Business Description
Development and
manufacture of passive coaxial components and systems for the broadcasting and
telecom industries
Industry
Industry Electronic Instruments and Controls
ANZSIC 2006: 2429 - Other
Electronic Equipment Manufacturing
NACE 2002: 3120 - Manufacture
of electricity distribution and control apparatus
NAICS 2002: 334417 -
Electronic Connector Manufacturing
UK SIC 2003: 3120 - Manufacture
of electricity distribution and control apparatus
US SIC 1987: 3678 - Electronic
Connectors
Key Executives
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Name |
Title |
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Hans Dahlén |
Managing Director |
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Pia Allanson |
Finance Manager |
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Niclas Rosvall |
Marketing Manager |
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BjĂrn Rudnert |
IT Executive |
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HĂĄkan Nilsson |
Purchasing Executive, Production Director |
Registered No.(SWE): 5564768652
1 - Profit & Loss Item Exchange Rate: USD 1 = SEK 7.645194
2 - Balance Sheet Item Exchange Rate: USD 1 = SEK 7.1401
Corporate Overview
Location
Sallerup 2120
HĂrby, 242 91
Sweden
Tel: 46 (415) 164 00
Fax: 46 (415) 164 01
Web: www.exirbt.com
Sales SEK(mil): 77.0
Assets SEK(mil): NA
Employees: 19
Fiscal Year End: 31-Dec-2009
Industry: Electronic
Instruments and Controls
Incorporation Date: 1923
Company Type: Private
Subsidiary
Quoted Status: Not
Quoted
Previous Name: Teracom
Components AB
Registered No.(SWE): 5564768652
Managing Director: Hans
Dahlén
Contents
· Industry Codes
· Business Description
· Financial Data
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
2429 - Other Electronic Equipment Manufacturing
2422 - Communication Equipment Manufacturing
NACE 2002 Codes:
3120 - Manufacture of electricity distribution and control
apparatus
3220 - Manufacture of television and radio transmitters and
apparatus for line telephony and line telegraphy
3210 - Manufacture of electronic valves and tubes and other
electronic components
NAICS 2002 Codes:
334417 - Electronic Connector Manufacturing
334220 - Radio and Television Broadcasting and Wireless
Communications Equipment Manufacturing
334419 - Other Electronic Component Manufacturing
US SIC 1987:
3678 - Electronic Connectors
3679 - Electronic Components, Not Elsewhere Classified
3663 - Radio and Television Broadcasting and Communications Equipment
UK SIC 2003:
32202 - Manufacture of radio and electronic capital goods
3120 - Manufacture of electricity distribution and control
apparatus
3210 - Manufacture of electronic valves and tubes and other
electronic components
Business
Description
Development and manufacture of passive coaxial components and systems
for the broadcasting and telecom industries
More Business
Descriptions
· TERACOM Components AB is primarily engaged in manufacturing insulated wire and cable of nonferrous metals from purchased wire.
· Telecommunications Resellers
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Corporate Family |
Corporate Structure News: |
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Total Corporate Family Members: 3 |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Exirgruppen AB |
Parent |
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Subsidiary |
Värnamo, JĂnkĂping |
Sweden |
Engineering Consultants |
10.5 |
41 |
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Subsidiary |
HĂrby |
Sweden |
Electronic Instruments and Controls |
10.1 |
19 |
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Executive report
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Annual Profit & Loss
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
SEK |
SEK |
SEK |
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Exchange Rate
(Period Average) |
7.645194 |
6.599156 |
6.757461 |
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Consolidated |
No |
No |
No |
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Total Revenue |
10.1 |
20.4 |
16.7 |
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Gross Profit |
0.9 |
1.5 |
-2.0 |
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Net Financial Items |
-0.1 |
-0.1 |
0.0 |
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Operating Income |
0.6 |
1.3 |
-2.2 |
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Income Before Tax |
0.6 |
1.2 |
-2.2 |
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Net Income |
0.6 |
1.2 |
-2.2 |
Annual Balance Sheet
Financials in: USD
(mil)
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Filed Currency |
SEK |
SEK |
SEK |
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Exchange Rate |
7.1401 |
7.90795 |
6.4632 |
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Consolidated |
No |
No |
No |
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Total Assets |
7.4 |
9.5 |
9.0 |
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Total Liabilities |
3.5 |
5.8 |
4.4 |
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Total Equity |
3.9 |
3.8 |
4.6 |
Annual Ratios
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
- |
- |
- |
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Exchange Rate |
- |
- |
- |
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Consolidated |
No |
No |
No |
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Operating Margin |
6.53 |
6.42 |
-12.97 |
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Current Ratio |
329.59 |
208.45 |
239.98 |
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Total debt/total equity |
52.87 |
39.43 |
51.15 |
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Return on average equity |
15.57 |
27.06 |
-50.16 |
Annual Growth Rates
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31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
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Filed Currency |
- |
- |
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Exchange Rate |
- |
- |
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Consolidated |
No |
No |
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Turnover Percent Change |
-42.78% |
19.87% |
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Marginal Contribution Percent Change |
-30.68% |
175.19% |
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Net Financial Items Percent Change |
22.17% |
-361.72% |
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Operating Results Percent Change |
-44.01% |
158.51% |
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Profit/Loss Before Tax Percent Change |
-45.62% |
154.03% |
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Profit/Loss for the Year Percent Change |
-45.62% |
154.92% |
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Assets Percent Change |
-29.51% |
29.93% |
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Debts Percent Change |
-45.16% |
61.12% |
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Equity Capital Percent Change |
-5.47% |
0.15% |
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Operating Margin Percent Change |
1.71% |
149.50% |
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Current Ratio Percent Change |
58.11% |
-13.14% |
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Debt/Equity Ratio Percent Change |
34.09% |
-22.91% |
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Retun On Equity Percent Change |
-42.46% |
153.95% |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.61 |
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UK Pound |
1 |
Rs.75.32 |
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Euro |
1 |
Rs.65.68 |
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 |
Capability to overcome financial difficulties seems comparatively below
average. |
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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NB |
New Business |
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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.