MIRA INFORM REPORT
|
Report Date : |
17.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
CELLMARK AKTIEBOLAG |
|
|
|
|
Registered Office : |
40439 Göteborg |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2009 |
|
|
|
|
Date of Incorporation : |
10.05.1984 |
|
|
|
|
Com. Reg. No.: |
5562442433 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of other intermediate products |
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 : |
100.000.000 SEK |
|
Status : |
Good |
|
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 |
REGISTERED NAME & COMPANY
SUMMARY
|
Business Name |
CellMark
Aktiebolag |
|
Country |
SWEDEN |
|
Company Registration
Number |
5562442433 |
|
Main Activity |
Wholesale of other
intermediate products n.e.c. |
|
Activity Code |
46769 |
|
Company Status |
Active |
|
Basic Information |
|
|
Business Name |
CellMark Aktiebolag |
|
Registered Company Name |
CellMark Aktiebolag |
|
Company Registration
Number |
5562442433 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556244243301 |
|
Date of Company
Registration |
10/05/1984 |
|
Legal Form |
Limited liability
company |
|
Company Status |
Active |
|
Currency of this Report |
SEK |
|
Principal Activity
Description |
Bolaget skall bedriva handel
med skogsprodukter, förvalta fast egendom, bedriva handel med värdepapper
samt bedriva därmed förenlig verksamhet. (The company shall trade in forest products, managing property, engage in securities trading and conduct related business.) |
|
Contact Address |
40439 GÖTEBORG |
|
Contact Telephone Number |
031-100300 |
CREDIT RECOMENDATION
|
Current Credit Limit |
100.000.000 SEK |
|
Current Contract Limit |
1.193.200.000 SEK |
DIRECTORS/MANAGEMENT
Directors/Managers
|
Current Directors |
|||
|
Name |
Appointment Date |
Position |
|
|
Bror Thomas Hedberg |
|
Actual Member of Board |
|
|
Hans Östen Kling |
18/09/2004 |
Actual Member of Board |
|
|
Kerstin Maria Ajax |
05/10/2009 |
Actual Member of Board |
|
|
Previous Directors |
|||
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Jan Lennart Mueller |
05/10/2009 |
Actual Member of Board |
26/10/2010 |
|
Per Waldemar Hultengren |
25/07/2007 |
Actual Member of Board |
05/10/2009 |
|
Hĺkan Arne Björnhage |
|
Actual Member of Board |
25/07/2007 |
NEGATIVE INFORMATION
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 |
- |
SHARE & SHARE CAPITAL
INFORMATION
Share Capital Structure
|
Issued Share Capital |
9.015.000 SEK |
PAYMENT INFORMATION
Na
GROUP STRUCTURE & AFFILIATED
COMPANIES
Group Structure
|
Ultimate Holding Parent |
|
|
|
Ultimate Holding Company
Name |
CellMark Investment AB |
|
|
Ultimate Holding Company
Country |
SWEDEN |
5567371959 |
|
Immediate Holding Parent |
|
No information for this
company. |
|
Subsidary Companies |
||
|
Subsidiary Name |
Country |
Number |
|
No subsidaries for this
company. |
|
|
|
Affiliates |
||
|
Affiliate Name |
Country |
Number |
|
No affiliates for this
company. |
|
|
FINANCIAL INFORMATION
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 |
4.772.903.000 |
4.725.180.000 |
5.090.356.000 |
|
Operating Costs |
4.739.969.000 |
4.658.047.000 |
5.079.485.000 |
|
Operating Profit |
32.934.000 |
67.133.000 |
10.871.000 |
|
Wages & Salaries |
-126.463.000 |
-96.369.000 |
-105.689.000 |
|
Depreciation |
-2.530.000 |
-2.628.000 |
-18.315.000 |
|
Financial Income |
14.748.000 |
4.725.000 |
7.625.000 |
|
Financial Expenses |
-7.698.000 |
-23.559.000 |
-53.068.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
-7.698.000 |
-23.559.000 |
-53.068.000 |
|
Profit before Tax |
139.612.000 |
175.984.000 |
135.764.000 |
|
Tax |
-11.053.000 |
-3.134.000 |
- |
|
Profit after Tax |
139.612.000 |
175.984.000 |
135.764.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
- |
- |
- |
|
Retained Profit |
128.559.000 |
172.850.000 |
135.764.000 |
|
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 |
2.259.000 |
2.667.000 |
2.970.000 |
|
Total Tangible Assets |
2.259.000 |
2.667.000 |
2.970.000 |
|
Goodwill |
0 |
0 |
0 |
|
Other Intangible Assets |
1.727.000 |
3.714.000 |
5.700.000 |
|
Total Intangible Assets |
1.727.000 |
3.714.000 |
5.700.000 |
|
Loans To Group |
12.497.000 |
0 |
0 |
|
Other Loans |
0 |
0 |
0 |
|
Miscellaneous Fixed
Assets |
219.486.000 |
219.696.000 |
222.196.000 |
|
Total Other Fixed Assets |
231.983.000 |
219.696.000 |
222.196.000 |
|
TOTAL FIXED ASSETS |
235.969.000 |
226.077.000 |
230.866.000 |
|
Work In Progress |
0 |
0 |
0 |
|
Other Inventories |
171.011.000 |
236.724.000 |
184.952.000 |
|
Total Inventories |
171.011.000 |
236.724.000 |
184.952.000 |
|
Trade Receivables |
654.731.000 |
751.026.000 |
821.418.000 |
|
Group Receivables |
521.792.000 |
369.999.000 |
112.456.000 |
|
Miscellaneous
Receivables |
25.714.000 |
53.478.000 |
47.667.000 |
|
Total Receivables |
1.202.237.000 |
1.174.503.000 |
981.541.000 |
|
Cash |
9.017.000 |
13.795.000 |
64.578.000 |
|
Other Current Assets |
0 |
0 |
0 |
|
TOTAL CURRENT ASSETS |
1.382.265.000 |
1.425.022.000 |
1.231.071.000 |
|
TOTAL ASSETS |
1.618.234.000 |
1.651.099.000 |
1.461.937.000 |
|
Trade Payables |
356.792.000 |
474.324.000 |
482.914.000 |
|
Bank Liabilities |
433.684.000 |
500.221.000 |
332.260.000 |
|
Group Payables |
368.233.000 |
344.468.000 |
284.911.000 |
|
Miscellaneous
Liabilities |
125.317.000 |
96.062.000 |
125.608.000 |
|
TOTAL CURRENT
LIABILITIES |
1.284.026.000 |
1.415.075.000 |
1.225.693.000 |
|
Bank Liabilities Due After
1 Year |
0 |
0 |
0 |
|
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 |
5.093.000 |
4.496.000 |
10.422.000 |
|
TOTAL LONG TERM
LIABILITIES |
5.093.000 |
4.496.000 |
10.422.000 |
|
TOTAL LIABILITIES |
1.289.119.000 |
1.419.571.000 |
1.236.115.000 |
|
Called Up Share Capital |
9.015.000 |
9.015.000 |
9.015.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
332.742.000 |
227.993.000 |
198.477.000 |
|
Other Reserves |
-12.642.000 |
-5.480.000 |
18.330.000 |
|
TOTAL SHAREHOLDERS
EQUITY |
329.115.000 |
231.528.000 |
225.822.000 |
|
Other Financials |
|||
|
Contingent Liabilities |
351.258.000 |
446.811.000 |
320.754.000 |
|
Working Capital |
98.239.000 |
9.947.000 |
5.378.000 |
|
Net Worth |
327.388.000 |
227.814.000 |
220.122.000 |
|
Ratios |
|||
|
Pre-Tax Profit Margin |
2.93 % |
3.72 % |
2.67 % |
|
Return On Capital
Employed |
4.81 % |
5.74 % |
5.05 % |
|
Return On Total Assets
Employed |
8.63 % |
10.66 % |
9.29 % |
|
Return On Net Assets
Employed |
42.42 % |
76.01 % |
60.12 % |
|
Sales/Net Working
Capital |
48.58 |
475.04 |
946.51 |
|
Stock Turnover Ratio |
3.58 % |
5.01 % |
3.63 % |
|
Debtor Days |
50.07 |
58.01 |
58.90 |
|
Creditor Days |
27.29 |
36.64 |
34.63 |
|
Current Ratio |
1.08 |
1.01 |
1.00 |
|
Liquidity Ratio/Acid
Test |
0.94 |
0.84 |
0.85 |
|
Current Debt Ratio |
3.90 |
6.11 |
5.43 |
|
Gearing |
131.77 % |
216.05 % |
147.13 % |
|
Equity In Percentage |
23.77 % |
16.22 % |
18.30 % |
|
Total Debt Ratio |
3.92 |
6.13 |
|
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
|
Activities |
|
|
Activity Code |
Activity Description |
|
46769 |
Wholesale of other
intermediate products n.e.c. |
Contact Information
|
Main Address |
||
|
Address |
Country |
Telephone |
|
Box 11927, 40439
GÖTEBORG |
SWEDEN |
031-100300 |
|
Other Address |
|
|
Address |
Country |
|
No other addresses for
this company. |
|
|
Email Addresses |
|
No information for this
company. |
|
Web Pages |
|
www.cellmark.com |
Other
Information
|
Employee Information |
|
|
Year |
Number of Employees |
|
2009 |
84 |
|
2008 |
82 |
|
2007 |
83 |
|
2006 |
65 |
|
2005 |
63 |
|
Advisors |
|
|
Auditor Name |
Carl Magnus Gustaf
Kollberg |
|
Auditor Name |
Ulf Roger Lindesson |
Additional Information
|
Tax Registrations |
|
|
Registered for FTax |
Yes |
|
Registered for VAT |
Yes |
|
Registered for Employee
Tax |
Yes |
|
Certificates |
||
|
Type |
Category |
Issuer |
|
No certificate
information for this company. |
|
|
|
Event History |
|
|
Event Date |
Event Description |
|
27/10/2010 |
Change in company
representatives |
|
27/10/2010 |
Board changed |
|
27/10/2010 |
Authorised signatory
changed |
|
31/08/2010 |
New annual account |
|
13/08/2010 |
New annual report (PDF) |
|
06/10/2009 |
Authorised signatory
changed |
|
06/10/2009 |
Board changed |
|
06/10/2009 |
Change in company
representatives |
|
25/08/2009 |
New annual account |
|
10/08/2009 |
New annual report (PDF) |
|
24/07/2008 |
New annual account |
|
14/07/2008 |
New annual report (PDF) |
|
15/05/2008 |
Board changed |
|
10/09/2007 |
New annual account |
|
26/07/2007 |
Change in company
representatives |
|
26/07/2007 |
Authorised signatory changed |
|
26/07/2007 |
Board changed |
|
13/09/2006 |
New annual account |
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.90 |
|
UK Pound |
1 |
Rs.72.54 |
|
Euro |
1 |
Rs.63.39 |
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.