MIRA INFORM REPORT
|
Report Date : |
10.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
ATELJÉ MARGARETHA AB |
|
|
|
|
Registered Office : |
50110 Borĺs |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2009 |
|
|
|
|
Date of Incorporation : |
26.10.2004 |
|
|
|
|
Com. Reg. No.: |
5566692082 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Retail sale of clothing via mail order houses or via Internet |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
Maximum Credit Limit : |
2.950.000 SEK |
|
Status : |
Satisfactory |
|
Payment
Behaviour : |
No Complaints |
|
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
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Sweden |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company
Summary
|
Business Name |
Ateljé Margaretha AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5566692082 |
|
Main Activity |
Retail sale of clothing via mail order houses or via Internet |
|
Activity Code |
47912 |
|
Company Status |
Active |
|
Latest Turnover Figure |
146.359.000 SEK |
|
Latest Shareholder Equity Figure |
2.831.000 SEK |
|
Credit Limit |
2.950.000 SEK |
Company
Information
|
Basic Information |
|
|
Business Name |
Ateljé Margaretha AB |
|
Registered Company Name |
Ateljé Margaretha AB |
|
Company Registration Number |
5566692082 |
|
Country |
SWEDEN |
|
VAT Registration
Number |
SE556669208201 |
|
Date of Company
Registration |
26/10/2004 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active |
|
Currency of this
Report |
SEK |
|
Principal
Activity Description |
Bolaget ska tillverka och försälja
handarbeten, sytillbehör, köksredskap, heminredningsartiklar,
konfektionsvaror och hälsokostprodukter och textila supportprodukter
företrädesvis stödstrumport, midjebälte och knäskydd samt idka därmed
förenlig verksamhet. (The company will manufacture
and sell crafts,
sewing, cooking utensils, household equipment, clothing and health
food products and textile products primarily
support aid room
door, waist belt and knee pads and
activities compatible therewith.) |
|
Contact Address |
50110 BORĹS |
|
Contact Telephone Number |
033-169940 |
|
Activities |
|
|
Activity Code |
Activity Description |
|
47912 |
Retail sale of clothing via mail order houses or via Internet |
Financial
Information
|
Profit and Loss |
|||
|
Financial Year |
2009 |
2008 |
2007 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Conslotidated Accounts |
N |
N |
N |
|
Revenue |
148.683.000 |
155.303.000 |
144.874.000 |
|
Operating Costs |
144.241.000 |
145.218.000 |
138.522.000 |
|
Operating Profit |
4.442.000 |
10.085.000 |
6.352.000 |
|
Wages & Salaries |
-22.543.000 |
-23.244.000 |
-21.051.000 |
|
Depreciation |
-7.039.000 |
-7.059.000 |
-7.312.000 |
|
Financial Income |
1.434.000 |
1.065.000 |
624.000 |
|
Financial Expenses |
-388.000 |
-865.000 |
-193.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
-388.000 |
-865.000 |
-193.000 |
|
Profit before Tax |
5.488.000 |
10.285.000 |
6.783.000 |
|
Tax |
-2.043.000 |
-2.332.000 |
-1.738.000 |
|
Profit after Tax |
5.488.000 |
10.285.000 |
6.783.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
-3.545.000 |
-7.905.000 |
-6.406.000 |
|
Retained Profit |
-100.000 |
48.000 |
-1.361.000 |
|
Balance Sheet |
|||
|
Financial Year |
2009 |
2008 |
2007 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
N |
N |
N |
|
Land & Buildings |
0 |
0 |
0 |
|
Plant & Machinery |
0 |
0 |
0 |
|
Other Tangible Assets |
1.449.000 |
1.792.000 |
1.467.000 |
|
Total Tangible Assets |
1.449.000 |
1.792.000 |
1.467.000 |
|
Goodwill |
36.720.000 |
42.248.000 |
47.776.000 |
|
Other Intangible Assets |
2.431.000 |
3.581.000 |
4.730.000 |
|
Total Intangible Assets |
39.151.000 |
45.829.000 |
52.506.000 |
|
Loans To Group |
0 |
0 |
0 |
|
Other Loans |
0 |
0 |
0 |
|
Miscellaneous Fixed Assets |
353.000 |
325.000 |
325.000 |
|
Total Other Fixed Assets |
353.000 |
325.000 |
325.000 |
|
TOTAL FIXED ASSETS |
40.953.000 |
47.946.000 |
54.298.000 |
|
Work In Progress |
0 |
0 |
0 |
|
Other Inventories |
32.871.000 |
29.914.000 |
20.848.000 |
|
Total Inventories |
32.871.000 |
29.914.000 |
20.848.000 |
|
Trade Receivables |
6.206.000 |
7.300.000 |
4.680.000 |
|
Group Receivables |
6.124.000 |
3.543.000 |
1.501.000 |
|
Miscellaneous Receivables |
3.669.000 |
4.688.000 |
3.938.000 |
|
Total Receivables |
15.999.000 |
15.531.000 |
10.119.000 |
|
Cash |
2.415.000 |
5.175.000 |
3.729.000 |
|
Other Current Assets |
2.000 |
2.000 |
2.000 |
|
TOTAL CURRENT ASSETS |
51.287.000 |
50.622.000 |
34.698.000 |
|
TOTAL ASSETS |
92.240.000 |
98.568.000 |
88.996.000 |
|
Trade Payables |
17.142.000 |
12.164.000 |
11.043.000 |
|
Bank Liabilities |
13.507.000 |
0 |
0 |
|
Group Payables |
8.372.000 |
7.926.000 |
47.429.000 |
|
Miscellaneous Liabilities |
8.236.000 |
12.961.000 |
10.169.000 |
|
TOTAL CURRENT LIABILITIES |
47.257.000 |
33.051.000 |
68.641.000 |
|
Bank Liabilities Due After 1 Year |
0 |
13.630.000 |
4.921.000 |
|
Other Loans Or Finance Due After 1 Year |
0 |
0 |
0 |
|
Group Payables After 1 Year |
0 |
0 |
0 |
|
Miscellaneous Liabilities Due After 1 Year |
15.152.000 |
13.956.000 |
12.551.000 |
|
TOTAL LONG TERM LIABILITIES |
42.152.000 |
62.586.000 |
17.472.000 |
|
TOTAL LIABILITIES |
89.409.000 |
95.637.000 |
86.113.000 |
|
Called Up Share Capital |
100.000 |
100.000 |
100.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
2.711.000 |
2.811.000 |
2.763.000 |
|
Other Reserves |
20.000 |
20.000 |
20.000 |
|
TOTAL SHAREHOLDERS EQUITY |
2.831.000 |
2.931.000 |
2.883.000 |
|
Other Financials |
|||
|
Contingent Liabilities |
35.000 |
35.000 |
0 |
|
Working Capital |
4.030.000 |
17.571.000 |
-33.943.000 |
|
Net Worth |
-36.320.000 |
-42.898.000 |
-49.623.000 |
|
Ratios |
|||
|
Pre-Tax Profit Margin |
3.69 % |
6.62 % |
4.68 % |
|
Return On Capital Employed |
3.93 % |
7.81 % |
4.30 % |
|
Return On Total Assets Employed |
5.95 % |
10.43 % |
7.62 % |
|
Return On Net Assets Employed |
193.85 % |
350.90 % |
235.28 % |
|
Sales/Net Working Capital |
36.89 |
8.84 |
-4.27 |
|
Stock Turnover Ratio |
22.11 % |
19.26 % |
14.39 % |
|
Debtor Days |
15.24 |
17.16 |
11.79 |
|
Creditor Days |
42.08 |
28.59 |
27.82 |
|
Current Ratio |
1.09 |
1.53 |
0.51 |
|
Liquidity Ratio/Acid Test |
0.39 |
0.63 |
0.20 |
|
Current Debt Ratio |
16.69 |
11.28 |
23.81 |
|
Gearing |
1430.84 % |
1659.16 % |
170.69 % |
|
Equity In Percentage |
5.37 % |
5.59 % |
7.97 % |
|
Total Debt Ratio |
31.58 |
32.63 |
|
Credit
Score
|
Current Credit Limit |
2.950.000 SEK |
|
Current Contract Limit |
26.000.000 SEK |
|
Date of Latest Rating Change |
23/05/2011 |
|
Previous Credit Limit |
2.950.000 SEK |
Contact
Information
|
Main Address |
||
|
Address |
Country |
Telephone |
|
Box 923, 50110 BORĹS |
SWEDEN |
033-169940 |
|
Other Address |
|
|
Address |
Country |
|
No other addresses for this company. |
|
|
Email Addresses |
|
kundtjanst@margaretha.se |
|
Web Pages |
|
www.margaretha.se |
Share
Capital Structure
|
Issued Share Capital |
100.000 SEK |
Directors/Managers
|
Current Directors |
|||
|
Name |
Appointment Date |
Position |
|
|
Bo Gunnar Dalerstedt |
31/10/2006 |
Actual Member of Board |
|
|
Carl Mikael Rosendahl |
17/09/2008 |
Actual Member of Board |
|
|
Bo Henrik Falk |
17/09/2008 |
Actual Member of Board |
|
|
Grozdics, Alf |
21/12/2007 |
Actual Member of Board |
|
|
Ann Elisabeth Dahlman |
21/06/2006 |
Actual Member of Board |
|
|
Lars Jörgen Ekberg |
23/02/2005 |
Actual Member of Board |
|
|
Previous Directors |
|||
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Alf Simon Arthur Grozdics |
06/12/2004 |
Actual Member of Board |
21/12/2007 |
|
Pĺl Magnus Frankenius |
23/02/2005 |
Actual Member of Board |
02/10/2006 |
|
Carl Christian Westin Jansson |
23/02/2005 |
Actual Member of Board |
02/10/2006 |
Group
Structure
|
Ultimate Holding Parent |
|
|
|
Ultimate Holding Company Name |
LITORINA KAPITAL 2001 KOMMANDITBOLAG |
|
|
Ultimate Holding Company Country |
SWEDEN |
9696822718 |
|
Immediate Holding Parent |
|
No information for this company. |
|
Subsidiary Companies |
||
|
Subsidiary Name |
Country |
Number |
|
No subsidiaries for this company. |
|
|
|
Affiliates |
||
|
Affiliate Name |
Country |
Number |
|
No affiliates for this company. |
|
|
Other
Information
|
Employee Information |
|
|
Year |
Number of Employees |
|
2009 |
45 |
|
2008 |
49 |
|
2007 |
48 |
|
2006 |
25 |
|
2005 |
29 |
|
Advisors |
|
|
Auditor Name |
Kjell Anders Bryngelsson |
Additional
Information
|
Tax Registrations |
|
|
Registered for Tax |
Yes |
|
Registered for VAT |
Yes |
|
Registered for Employee Tax |
Yes |
|
Certificates |
|
|
|
Type |
Category |
Issuer |
|
No certificate information for this company. |
|
|
|
Industry Comparison |
|
|
Activity Code |
47912 |
|
Activity Description |
Retail sale of clothing via mail order houses or via Internet |
|
Industry Average Credit Limit |
109.000 SEK |
|
Event History |
|
|
Event Date |
Event Description |
|
23/05/2011 |
Credit limit increase |
|
13/07/2010 |
Credit limit decrease |
|
13/07/2010 |
New annual account |
|
30/06/2010 |
New annual report (PDF) |
|
14/07/2009 |
Credit limit increase |
|
14/07/2009 |
New annual account |
|
06/07/2009 |
New annual report (PDF) |
|
18/09/2008 |
Authorised signatory changed |
|
18/09/2008 |
Change in company representatives |
|
18/09/2008 |
Board changed |
|
08/07/2008 |
New annual account |
|
27/06/2008 |
New annual report (PDF) |
|
18/03/2008 |
Board changed |
|
18/03/2008 |
Authorised signatory changed |
|
27/12/2007 |
Change in company representatives |
|
27/12/2007 |
Company business activity |
|
27/12/2007 |
Authorised signatory changed |
|
27/12/2007 |
Board changed |
|
26/12/2007 |
Board changed |
|
26/12/2007 |
Authorised signatory changed |
|
26/12/2007 |
Company business activity |
|
26/12/2007 |
Change in company representatives |
|
25/12/2007 |
Authorised signatory changed |
|
25/12/2007 |
Company business activity |
|
25/12/2007 |
Board changed |
|
25/12/2007 |
Change in company representatives |
|
10/09/2007 |
Company merge procedures |
|
11/07/2007 |
New annual account |
|
28/06/2007 |
Company merge procedures |
|
15/11/2006 |
Authorised signatory changed |
|
15/11/2006 |
Board changed |
|
01/11/2006 |
Change in company representatives |
|
01/11/2006 |
Authorised signatory changed |
|
01/11/2006 |
Board changed |
|
03/10/2006 |
Change in company representatives |
|
03/10/2006 |
Board changed |
|
03/10/2006 |
Authorised signatory changed |
|
08/09/2006 |
New annual account |
|
22/06/2006 |
Board changed |
|
22/06/2006 |
Authorised signatory changed |
|
22/06/2006 |
Change in company representatives |
Negative
Information
|
Debt balance at the Swedish Enforcement Agency |
|
|
Number of Private Claims |
- |
|
Balance of Private Claims |
- |
|
Number of Public Claims |
- |
|
Balance of Public Claims |
- |
|
Total Balance |
- |
|
Record of non-payment |
|
|
Number of distraint attempts and repossessions |
- |
|
Number of public claims |
- |
|
Number of private claims |
- |
|
Number of applications for an order to pay |
- |
|
Number of reclaimed/revoked applications |
- |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.72 |
|
UK Pound |
1 |
Rs.73.47 |
|
Euro |
1 |
Rs.65.38 |
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.