MIRA
INFORM REPORT
|
Report Date : |
17.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
GUSTAV PAULIG OY AB |
|
|
|
|
Registered Office : |
Satamakaari 20, 00980, Helsinki |
|
|
|
|
Country : |
Finland |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
13.03.1991 |
|
|
|
|
Legal Form : |
Limited company |
|
|
|
|
Line of Business : |
Processing of tea and coffee |
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 : |
(€) 50.000 |
|
|
|
|
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) |
|
Finland |
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
|
Trading Name |
Gustav Paulig Oy Ab |
Trade Registry Number |
510186 |
|
|
|
Company Name |
Oy Gustav Paulig Ab |
Business ID |
08352916 |
|
|
|
Previous Name |
- |
|
|
|
|
|
Telephone Number |
0931981 |
Registered Address |
Satamakaari 20, 00980,
HELSINKI |
|
|
|
Fax Number |
093217017 |
Visiting Address |
Satamakaari 20, 00980,
HELSINKI |
|
|
|
Home Municipality |
Helsinki |
Postal Address |
PL 15, 00981, HELSINKI |
|
|
|
Incorporation Date |
13.03.1991 |
Branches |
1 |
|
|
|
Company Type |
Limited company |
Website Address |
|
|
|
|
Primary Sic Code |
10830 |
Accountant |
KPMG Wideri Oy Ab |
||
|
Primary Sic Description |
Processing of tea and
coffee |
Last Accounts Date |
31.12.2009 |
|
|
|
Share Capital (€) |
2.000.000 |
Holding Company |
PAULIG COFFEE A/S |
|
|
|
Deals in importing |
Yes |
Foreign Ownership |
DENMARK |
|
|
|
Deals in exporting |
Yes |
Currency |
EUR |
|
|
CREDIT RECOMENDATION
Current Credit Limit:
|
Today’s Limit (€) |
50.000 |
DIRECTORS/MANAGEMENT
Current Directors
|
Name |
Tuominen Jaana
Maija-Liisa |
|
|
|
Date of Birth |
15.10.1960 |
Appointment Date |
03.06.2010 |
|
Nationality |
FINLAND |
Function |
Chairman of Board |
|
Name |
Tähkälä Sarah Veronica |
|
|
|
Date of Birth |
12.02.1969 |
Appointment Date |
03.06.2010 |
|
Nationality |
FINLAND |
Function |
Actual Member of Board |
|
Name |
Markula Elisa Johanna |
|
|
|
Date of Birth |
07.08.1966 |
Appointment Date |
16.02.2010 |
|
Nationality |
FINLAND |
Function |
Managing director |
|
Name |
Lindholm Niklas
Sebastian |
|
|
|
Date of Birth |
03.11.1968 |
Appointment Date |
03.06.2010 |
|
Nationality |
FINLAND |
Function |
Actual Member of Board |
Other Company Officials
|
Name |
Forsström Sari
Minna-Brita |
|
|
|
Date of Birth |
17.02.1967 |
Appointment Date |
06.06.2011 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Nyman Sixten Ove |
|
|
|
Date of Birth |
20.07.1954 |
Appointment Date |
04.05.1999 |
|
Nationality |
FINLAND |
Function |
Principal accountant |
|
Name |
Laakkonen Kari Tapani |
|
|
|
Date of Birth |
02.09.1968 |
Appointment Date |
06.06.2011 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Helaniemi Riitta Linnea |
|
|
|
Date of Birth |
12.11.1954 |
Appointment Date |
06.06.2011 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Aho Eeva Katariina |
|
|
|
Date of Birth |
31.03.1966 |
Appointment Date |
06.06.2011 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Hakala Tuula Anneli |
|
|
|
Date of Birth |
08.01.1953 |
Appointment Date |
06.06.2011 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Reijonen Ronny Juhani |
|
|
|
Date of Birth |
18.02.1957 |
Appointment Date |
06.06.2011 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Hellman Leif Sixten |
|
|
|
Date of Birth |
04.02.1957 |
Appointment Date |
06.06.2011 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Tähkälä Sarah Veronica |
|
|
|
Date of Birth |
12.02.1969 |
Appointment Date |
06.06.2011 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Kervinen Jukka-Pekka |
|
|
|
Date of Birth |
21.02.1966 |
Appointment Date |
06.06.2011 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Kinnunen Tomi Juhani |
|
|
|
Date of Birth |
12.05.1971 |
Appointment Date |
06.06.2011 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Salonen Manu Turkka |
|
|
|
Date of Birth |
11.04.1972 |
Appointment Date |
06.06.2011 |
|
Nationality |
FINLAND |
Function |
Procurist |
NEGATIVE INFORMATION
No negative information
found.
SHARE & SHARE CAPITAL
INFORMATION
Shareholder Information
|
Year |
31.12.2009 |
|
Total Value of Shares |
2.000.000 |
|
Number of Shares |
10.000 |
|
Value of Shares |
|
PAYMENT INFORMATION
Na
GROUP STRUCTURE & AFFILIATED
COMPANIES
|
Holding Company |
PAULIG COFFEE A/S |
Companies in Group |
28 |
|
Ultimate Holding Company |
Ownership Status |
Ultimately Owned |
Subsidiaries
|
Company Name |
|
Country |
Trade Registry Number |
Business ID |
Latest Key Financials |
Ownership |
|
|
FINLAND |
- |
21452364 |
- |
99% |
|
|
|
FINLAND |
574120 |
09516804 |
31.12.2009 |
100% |
|
|
OOO GP FOODS |
|
RUSSIAN FEDERATION |
- |
- |
- |
100% |
Minority Shares
|
- |
Group Structure
|
Company Name |
|
Country |
Trade Registry Number |
Business ID |
Latest Key Financials |
Ownership |
|
PAULIG SERVICES LTD |
|
CYPRUS |
- |
- |
- |
100% |
|
UAB PAULIG LIETUVA |
|
LITHUANIA |
- |
- |
- |
100% |
|
INGREDIA AS |
|
NORWAY |
- |
- |
- |
100% |
|
KJELDSBERG KAFFEBRENNERI
AS |
|
NORWAY |
- |
- |
- |
29% |
|
SC FLEXFOIL SRL |
|
ROMANIA |
- |
- |
- |
100% |
|
SANTA MARIA AB |
|
SWEDEN |
- |
- |
- |
79% |
|
DF WORLD OF SPICES GMBH |
|
GERMANY |
- |
- |
- |
26% |
|
|
FINLAND |
- |
21452364 |
- |
99% |
|
|
|
FINLAND |
791652 |
16465339 |
- |
20% |
|
|
|
FINLAND |
786762 |
16031952 |
31.12.2008 |
100% |
|
|
|
FINLAND |
763705 |
15973454 |
30.04.2005 |
100% |
|
|
|
FINLAND |
574120 |
09516804 |
31.12.2009 |
100% |
|
|
|
FINLAND |
514523 |
08517311 |
31.12.2009 |
70% |
|
|
|
FINLAND |
398054 |
06894180 |
31.12.2009 |
100% |
|
|
|
FINLAND |
265520 |
03034601 |
- |
100% |
|
|
|
FINLAND |
119922 |
01125630 |
31.12.2009 |
- |
|
|
PAULIG FINANCE SA |
|
SWITZERLAND |
- |
- |
- |
34% |
|
SAUERKLEE A/S |
|
DENMARK |
- |
- |
- |
100% |
|
PAULIG COFFEE A/S |
|
DENMARK |
- |
- |
- |
100% |
|
SAFFRON HOLDING A/S |
|
DENMARK |
- |
- |
- |
55% |
|
OSCAR A/S |
|
DENMARK |
- |
- |
- |
89% |
|
OOO GP FOODS |
|
RUSSIAN FEDERATION |
- |
- |
- |
100% |
|
SAUE PRODUCTION OÜ |
|
ESTONIA |
- |
- |
- |
30% |
|
BOSSA TEENINDUSE AS |
|
ESTONIA |
- |
- |
- |
44% |
|
LIHEL OÜ |
|
ESTONIA |
- |
- |
- |
100% |
|
OSCAR EESTI AS |
|
ESTONIA |
- |
- |
- |
40% |
|
AS PAULIG BALTIC |
|
ESTONIA |
- |
- |
- |
100% |
FINANCIAL INFORMATION
Key Financials
|
Year |
31.12.2009 |
% |
31.12.2008 |
% |
31.12.2007 |
% |
31.12.2006 |
|
Turnover (€) |
232.504.000 |
|
232.139.000 |
10% |
210.110.000 |
5% |
200.403.000 |
|
Result After Taxes(€) |
1.069.000 |
-93% |
15.104.000 |
-18% |
18.501.000 |
3% |
17.888.000 |
|
Total Assets(€) |
138.646.430 |
16% |
119.199.550 |
36% |
87.382.000 |
6% |
82.223.870 |
|
Number of Employees |
239 |
21% |
197 |
5% |
187 |
-6% |
199 |
|
Estimated Shareholders
Funds |
30.502.215 |
-5% |
32.183.879 |
-14% |
37.574.260 |
4% |
36.178.503 |
Ratios
|
Year |
31.12.2009 |
|
31.12.2008 |
|
31.12.2007 |
|
31.12.2006 |
|
Solvency Ratio |
22% |
|
27% |
|
43% |
|
44% |
|
|
Moderate Indebtedness |
|
Moderate Indebtedness |
|
Low Indebtedness |
|
Low Indebtedness |
|
Operating Result Ratio |
17,50 |
|
22,40 |
|
21,10 |
|
19,10 |
|
Turnover Employee Ratio |
97.282,00 |
|
117.837,00 |
|
112.358,00 |
|
100.705,00 |
Financial Statement
|
Year |
|
2010 |
|
2009 |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
Registrations in Force
|
|
State |
Registration Date |
|
Tax Administration |
Registered |
04.04.1991 |
|
Trade Register |
Registered |
13.03.1991 |
|
Employer Register |
Registered |
01.05.1991 |
|
Prepayment Register |
Registered |
01.03.1995 |
|
Value Added
Tax-Liability |
VAT-liable for business
activity |
01.06.1994 |
Business History
|
Date |
Event |
Source Company Name |
|
01.01.2010 |
Merger |
Paulig Pro Oy merged into
Gustav Paulig Oy Ab |
|
31.12.2009 |
Merger |
Paulig Pro Oy merged into
Gustav Paulig Oy Ab |
|
01.05.2007 |
Merger |
GP Foods Oy merged into
Gustav Paulig Oy Ab |
|
30.04.2007 |
Merger |
GP Foods Oy merged into
Gustav Paulig Oy Ab |
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.90 |
|
|
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.