MIRA INFORM
REPORT
|
Report Date : |
03.03.2011 |
IDENTIFICATION DETAILS
|
Name : |
SSAB EMEA AB |
|
|
|
|
Registered Office : |
Oxelösund 61380 Oxelösund Södermanland |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
10.12.1987 |
|
|
|
|
Com. Reg. No.: |
5563137933 |
|
|
|
|
Legal Form : |
Private Limited Companies Ltd |
|
|
|
|
Line of Business : |
Owning and managing property, produce, refine and sell the iron and steel and activities compatible therewith. |
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 : |
(KSEK) 100,000 |
|
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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
|
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company Summary
|
Company Details |
|
|
Company Name |
SSAB EMEA AB |
|
Registered Number |
5563137933 |
|
Address |
|
|
Town |
OXELÖSUND |
|
PostCode |
61380 OXELÖSUND |
|
Region |
SÖDERMANLAND |
|
Telephone |
- |
|
Fax |
- |
|
Legal Form |
A2 |
|
Currency |
KSEK (all financial data is in thousands) |
|
Share Capital |
1,000 |
|
Registration Date |
10/12/1987 |
|
Email |
|
|
Web Address |
|
|
Company Type |
Private limited companies Ltd |
|
Credit Information Summary |
||
|
Today's Credit Limit (KSEK) |
100,000 |
|
|
Today's Purchase Limit |
1,391,900 |
|
|
Date of Latest Accounts |
31/12/2009 |
|
|
Net Sales |
6,186,000 |
|
|
Profit After Financial Items |
-262,000 |
|
|
Net Worth |
- 3,062,000 |
|
|
Court Data Summary |
|
|
Record of Non-Payment |
|
|
Number Of CCJs |
1 |
|
Number Of Taxation Claims |
0 |
|
Number Of Payment Applications |
1 |
|
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 |
5563137933 |
|
Company Name |
SSAB EMEA AB |
|
Activity Description |
The
company has been the subject of its activities to owning
and managing property, produce, refine and sell
the iron and steel and activities compatible therewith.
|
|
Trade Code |
24100 |
|
Trade Description |
Järn- & stålverk |
|
Taxes & Charges |
|
|
Registered FTax |
Yes |
|
Registered VAT |
Yes |
|
Registered Employee Tax |
Yes |
|
Other Information |
|
|
Accountant Audited (YES/NO) |
Yes |
|
Employees |
1982 |
|
Floating Charge |
450000 |
Accounts & Ratios
|
Period |
|||||
|
Company Number |
5563137933 |
Changes |
5563137933 |
Changes |
5563137933 |
|
Accounts End Date |
31/12/2009 |
- |
31/12/2008 |
- |
31/12/2007 |
|
Number Of Months |
12 |
- |
12 |
- |
12 |
|
Currency |
KSEK |
- |
KSEK |
- |
KSEK |
|
Profit & Loss |
|||||
|
Turnover |
6,186,000 |
-46.7% |
11,601,000 |
12.0% |
10,360,000 |
|
Total Operating Expenses |
6,449,000 |
-27.6% |
8,902,000 |
11.6% |
7,975,000 |
|
Operating Result |
-263,000 |
-109.7% |
2,699,000 |
13.2% |
2,385,000 |
|
Total Financial Income |
90,000 |
12.5% |
80,000 |
- |
0 |
|
Total Financial Expenses |
89,000 |
-57.0% |
207,000 |
245.0% |
60,000 |
|
Profit Loss After Financial Items |
-262,000 |
-110.2% |
2,572,000 |
10.6% |
2,325,000 |
|
Taxation |
22,000 |
-95.7% |
513,000 |
1.2% |
507,000 |
|
Group Contribute |
0 |
- |
0 |
- |
0 |
|
Extraordinary Items |
0 |
- |
0 |
- |
0 |
|
Other Appropriations |
373,000 |
151.9% |
-719,000 |
-45.3% |
-495,000 |
|
Minority Interest And Profit |
0 |
- |
0 |
- |
0 |
|
Net Result |
89,000 |
-93.4% |
1,340,000 |
1.3% |
1,323,000 |
|
Other Information |
|||||
|
- Employee Costs |
344,000 |
-9.0% |
378,000 |
-15.2% |
446,000 |
|
- Dividends |
0 |
-100.0% |
1,300,000 |
- |
0 |
|
Balance Sheet |
|||||
|
Accounts End Date |
31/12/2009 |
- |
31/12/2008 |
- |
31/12/2007 |
|
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 |
4,438,000 |
2.6% |
4,327,000 |
7.2% |
4,038,000 |
|
- Land And Buildings |
760,000 |
6.9% |
711,000 |
20.7% |
589,000 |
|
- Plant And Machinery |
3,028,000 |
- |
0 |
- |
0 |
|
- Other Tangible Fixed Assets |
650,000 |
-38.2% |
1,051,000 |
-7.0% |
1,130,000 |
|
Financial Fixed Assets |
143,000 |
-14.4% |
167,000 |
26.5% |
132,000 |
|
Total Fixed Assets |
4,581,000 |
1.9% |
4,494,000 |
7.8% |
4,170,000 |
|
Inventories |
2,874,000 |
-24.7% |
3,819,000 |
52.4% |
2,506,000 |
|
Trade Accounts Receivable |
492,000 |
-60.5% |
1,244,000 |
11.1% |
1,120,000 |
|
- Cash |
19,000 |
-34.5% |
29,000 |
-53.2% |
62,000 |
|
- Miscellaneous Current Assets |
990,000 |
-14.1% |
1,152,000 |
32.4% |
870,000 |
|
Total Current Assets |
4,375,000 |
-29.9% |
6,244,000 |
37.0% |
4,558,000 |
|
|
|||||
|
Current Liabilities |
|||||
|
- Trade Creditors |
513,000 |
-24.0% |
675,000 |
0.4% |
672,000 |
|
- Short Term Group Loans |
5,007,000 |
10.6% |
4,528,000 |
37.0% |
3,304,000 |
|
- Other Short Term Loans |
0 |
- |
0 |
- |
0 |
|
- Miscellaneous Current Liabilities |
349,000 |
-59.7% |
867,000 |
76.9% |
490,000 |
|
Total Current Liabilities |
5,869,000 |
-3.3% |
6,070,000 |
35.9% |
4,466,000 |
|
Long Term Debts |
|||||
|
- Long Term Group Loans |
21,000 |
-27.6% |
29,000 |
- |
0 |
|
- Other Long Term Loans |
0 |
- |
0 |
-100.0% |
35,000 |
|
- Other Long Term Liabilities |
0 |
- |
0 |
- |
0 |
|
Total Long Term Debts |
21,000 |
-27.6% |
29,000 |
-17.1% |
35,000 |
|
Shareholders Equity |
|||||
|
Issued Share Capital |
1,000 |
0.0% |
1,000 |
0.0% |
1,000 |
|
Share Premium Account |
0 |
- |
0 |
- |
0 |
|
Other Share Capital And Reserves |
358,000 |
-77.0% |
1,555,000 |
-16.4% |
1,861,000 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Shareholders Equity |
3,062,000 |
-33.9% |
4,633,000 |
9.8% |
4,220,000 |
|
|
|||||
|
Working Capital |
-1,494,000 |
-958.6% |
174,000 |
89.1% |
92,000 |
|
Net Worth |
3,062,000 |
-33.9% |
4,633,000 |
9.8% |
4,220,000 |
|
|
|||||
|
Ratios Analysis |
|||||
|
|
|||||
|
Return On Capital |
-0.11 |
-116.7% |
0.68 |
4.4% |
0.65 |
|
Return On Capital Employed |
-0.02 |
-107.3% |
0.26 |
-5.1% |
0.27 |
|
Profit Margin |
-0.04 |
-118.5% |
0.23 |
1.3% |
0.23 |
|
Gross Profit Margin |
0.04 |
-84.8% |
0.26 |
-14.1% |
0.30 |
|
Capital Turnover |
0.69 |
-36.0% |
1.08 |
-9.0% |
1.19 |
|
Solidity |
0.26 |
-26.8% |
0.35 |
-14.0% |
0.41 |
|
Rate Of Return |
-2.88 |
-122.0% |
13.10 |
-67.1% |
39.75 |
|
|
|||||
|
Acid Test Ratio |
0.26 |
-36.0% |
0.40 |
-12.9% |
0.46 |
|
Inventory Turnover |
1.78 |
-34.9% |
2.73 |
-15.1% |
3.22 |
|
Average Payment Period |
23.22 |
-25.8% |
31.31 |
-0.8% |
31.57 |
|
Turnover / Employee |
3,121.09 |
-37.8% |
5,017.73 |
8.3% |
4,633.27 |
|
Average Debt Equity Ratio |
0.01 |
-56.7% |
0.03 |
150.0% |
0.01 |
|
Cash Flow From Operation |
-0.05 |
-126.0% |
0.18 |
1.1% |
0.18 |
|
Accounts Receivable Turnover |
12.57 |
34.8% |
9.33 |
0.8% |
9.25 |
Record of Payment / Debt Balance
|
Company CCJ's |
|
|
Company Number |
5563137933 |
|
Date Created |
2009-03-25T00:00:00 |
|
Amount |
65591 |
|
Creditor |
Prioritet Inkasso Aktiebolag |
|
|
|
|
Company Tax Charges |
|
|
No CCJ's for this company. |
|
|
Company Debt Balance |
|
|
No company debt balance for this company. |
|
Event History
|
Event Date |
Event Description |
|
21/01/2011 |
Phone number removed |
|
21/01/2011 |
Fax number removed |
|
18/01/2011 |
Authorised signatory changed |
|
18/01/2011 |
Board changed |
|
18/01/2011 |
Change in company representatives |
|
04/01/2011 |
Company merge procedures |
|
04/01/2011 |
Status on company |
|
02/12/2010 |
Company business activity |
|
02/12/2010 |
Status on company |
|
02/12/2010 |
Company name |
|
10/09/2010 |
Status on company |
|
10/09/2010 |
Company merge procedures |
|
30/07/2010 |
New annual account |
|
09/07/2010 |
New annual report (PDF) |
|
06/05/2010 |
Board changed |
|
20/01/2010 |
Change in company representatives |
|
20/01/2010 |
Board changed |
|
20/01/2010 |
Authorised signatory changed |
|
20/10/2009 |
Board changed |
|
20/10/2009 |
Change in company representatives |
|
20/10/2009 |
Authorised signatory changed |
|
29/05/2009 |
New annual account |
|
26/05/2009 |
New annual report (PDF) |
|
20/05/2009 |
Change in company representatives |
|
20/05/2009 |
Board changed |
|
20/05/2009 |
Authorised signatory changed |
|
13/08/2008 |
New annual account |
|
07/08/2008 |
Change in company representatives |
|
07/08/2008 |
Board changed |
|
07/08/2008 |
Authorised signatory changed |
|
22/07/2008 |
New annual report (PDF) |
|
22/01/2008 |
Change in company representatives |
|
22/01/2008 |
Authorised signatory changed |
|
22/01/2008 |
Board changed |
|
30/07/2007 |
Change in company representatives |
|
30/07/2007 |
Board changed |
|
30/07/2007 |
Authorised signatory changed |
|
12/06/2007 |
New annual account |
|
18/12/2006 |
Authorised signatory changed |
|
18/12/2006 |
Change in company representatives |
|
18/12/2006 |
Board changed |
|
04/07/2006 |
Board changed |
|
04/07/2006 |
Authorised signatory changed |
|
23/06/2006 |
Authorised signatory changed |
|
23/06/2006 |
Board changed |
|
23/06/2006 |
Change in company representatives |
|
16/05/2006 |
Board changed |
|
16/05/2006 |
Company business activity |
|
16/05/2006 |
Change in company representatives |
|
16/05/2006 |
Authorised signatory changed |
|
16/05/2006 |
New annual account |
Group Structure
|
Ultimate Parent Company |
|
|
Ultimate Parent Company |
SSAB SVENSKT STÅL AKTIEBOLAG |
|
Companies in Group |
63 |
|
Company Name |
Company Number |
|
SSAB SVENSKT STÅL AKTIEBOLAG |
Foreign (SE) |
|
-PLANNJA AKTIEBOLAG |
Foreign (SE) |
|
LANDSBRO FASTIGHETER AB |
Foreign (SE) |
|
PLANNJA AS |
Foreign (NO) |
|
PLANNJA AS |
Foreign (DK) |
|
PLANNJA LTD |
Foreign (GB) |
|
PLANNJA OY AB |
Foreign (FI) |
|
PLANNJA SIBA AKTIEBOLAG |
Foreign (SE) |
|
PLANNJA SP ZOO |
Foreign (PL) |
|
STEINWALLS PLÅT AB |
Foreign (SE) |
|
SSAB CENTRAL INC |
Foreign (CA) |
|
SSAB FINANCE |
Foreign (BE) |
|
-SSAB OXELÖSUND AKTIEBOLAG |
Foreign (SE) |
|
SSAB MEROX AKTIEBOLAG |
Foreign (SE) |
|
SSAB NORDIC STEEL AKTIEBOLAG |
Foreign (SE) |
|
SSAB SWEDISH STEEL INC |
Foreign (US) |
|
-SSAB TUNNPLÅT AKTIEBOLAG |
Foreign (SE) |
|
BEVAKNINGS AB FÖRETAGSSKYDD |
Foreign (SE) |
|
DICKSON TUMANUFAKTUR AKTIEBOLAG |
Foreign (SE) |
|
DOBEL LAMIN AB |
Foreign (SE) |
|
LUCOIL STEEL AKTIEBOLAG |
Foreign (SE) |
|
LULEÅ STÅLPARTNER AKTIEBOLAG |
Foreign (SE) |
|
NSC I WALLHAMN AKTIEBOLAG |
Foreign (SE) |
|
SSAB FINSPONG AKTIEBOLAG |
Foreign (SE) |
|
SSAB SWEDISH STEEL (PTY) LTD |
Foreign (ZA) |
|
|
Foreign (,) |
|
SSAB SWEDISH STEEL LTD |
Foreign (GB) |
|
SSAB SWEDISH STEEL SPA |
Foreign (IT) |
|
SSAB SVENSK STÅL A/S |
Foreign (DK) |
|
SVENSKT STÅL DOMNARVET AKTIEBOLAG |
Foreign (SE) |
|
-TIBNOR AKTIEBOLAG |
Foreign (SE) |
|
AKTIEBOLAGET ELOF JOHANSSONS METALLINDUSTRI |
Foreign (SE) |
|
AKTIEBOLAGET FINANS- OCH DATASERVICE |
Foreign (SE) |
|
AKTIEBOLAGET PLÅT & PROFIL |
Foreign (SE) |
|
BANDSKÄRNING AKTIEBOLAG |
Foreign (SE) |
|
CALVERT AKTIEBOLAG |
Foreign (SE) |
|
DICKSON PLÅT SERVICE CENTER AKTIEBOLAG |
Foreign (SE) |
|
EO STÅL AKTIEBOLAG |
Foreign (SE) |
|
FASTIGHETS AB KARDBORREN |
Foreign (SE) |
|
FASTIGHETS AB RÖDINGEN |
Foreign (SE) |
|
FÖRVALTNINGS AB TEGELHÖGEN |
Foreign (SE) |
|
LINKÖPINGS STÅL AB |
Foreign (SE) |
|
NORÉN & PERSSON AKTIEBOLAG |
Foreign (SE) |
|
NORRLANDS HANDELSJÄRN AKTIEBOLAG |
Foreign (SE) |
|
OY TIBNOR |
Foreign (FI) |
|
PLÅTDEPÅN I |
Foreign (SE) |
|
TAPPERS FASTIGHETSFÖRVALTNING AKTIEBOLAG |
Foreign (SE) |
|
TAPPERS STÅL & METALLER AKTIEBOLAG |
Foreign (SE) |
|
TIBNOR A/S |
Foreign (DK) |
|
TIBNOR A/S |
Foreign (NO) |
|
TIBNOR BYGG AKTIEBOLAG |
Foreign (SE) |
|
TIBNOR HEIMER AKTIEBOLAG |
Foreign (SE) |
|
TIBNOR INDUSTRIVARUHUS NORD AKTIEBOLAG |
Foreign (SE) |
|
TIBNOR INDUSTRIVARUHUS ÖST AKTIEBOLAG |
Foreign (SE) |
|
TIBNOR KAPITAL AKTIEBOLAG |
Foreign (SE) |
|
TIBNOR KARLGES AKTIEBOLAG |
Foreign (SE) |
|
TIBNOR LANNA AB |
Foreign (SE) |
|
TIBNOR LULEÅ AKTIEBOLAG |
Foreign (SE) |
|
TIBNOR SIA |
Foreign ( |
|
TIBNOR SMÅLAND AKTIEBOLAG |
Foreign (SE) |
|
TIBNOR SPZOO |
Foreign (PL) |
|
TIBNOR VÄST AKTIEBOLAG |
Foreign (SE) |
|
WESTERN STEEL LTD |
Foreign (CA) |
Directors
|
Company Director |
|||||||||||
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Company Number |
5563137933 |
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Person Number |
6509207616 |
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Person Name |
Bergstrand, Sven Jonas |
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From Date |
06/08/2008 |
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To Date |
// |
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Person Function |
Ledamot |
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Company Director |
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Company Number |
5563137933 |
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Person Number |
5610067216 |
||||||||||
|
Person Name |
Bergvall, Bo Sture |
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From Date |
19/01/2010 |
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To Date |
// |
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Person Function |
Ledamot |
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Company Director |
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Company Number |
5563137933 |
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Person Number |
4710011737 |
||||||||||
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Person Name |
Jerräng, Bo Olof |
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From Date |
// |
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To Date |
// |
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Person Function |
Ledamot |
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Company Director |
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Company Number |
5563137933 |
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Person Number |
6202186992 |
||||||||||
|
Person Name |
Lindqvist, Erik Martin |
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From Date |
19/01/2010 |
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To Date |
// |
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Person Function |
Ledamot |
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Company Director |
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Company Number |
5563137933 |
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Person Number |
6303062910 |
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|
Person Name |
Mathisen, Thom Meyer |
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From Date |
17/01/2011 |
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To Date |
// |
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Person Function |
Ledamot |
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Company Director |
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Company Number |
5563137933 |
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Person Number |
5203118913 |
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Person Name |
Granbom, Karl Uno |
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From Date |
19/01/2010 |
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To Date |
// |
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Person Function |
Suppleant |
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Company Director |
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Company Number |
5563137933 |
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Person Number |
6806151616 |
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Person Name |
Scheikl, Per Franz |
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From Date |
19/01/2010 |
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|
To Date |
// |
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|
Person Function |
Suppleant |
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|
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|
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|
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|
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|
|||||||||||
|
Company Director |
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|
Company Number |
5563137933 |
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|
Person Number |
6202186992 |
||||||||||
|
Person Name |
Lindqvist, Erik Martin |
||||||||||
|
From Date |
17/01/2011 |
||||||||||
|
To Date |
// |
||||||||||
|
Person Function |
Ordförande |
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|
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|
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|
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|
Company Director |
|||||||||||
|
Company Number |
5563137933 |
||||||||||
|
Person Number |
6303062910 |
||||||||||
|
Person Name |
Mathisen, Thom Meyer |
||||||||||
|
From Date |
17/01/2011 |
||||||||||
|
To Date |
// |
||||||||||
|
Person Function |
Verkställande direktör |
||||||||||
|
|||||||||||
|
|||||||||||
|
Company Director |
|||||||||||
|
Company Number |
5563137933 |
||||||||||
|
Person Number |
5610067216 |
||||||||||
|
Person Name |
Bergvall, Bo Sture |
||||||||||
|
From Date |
19/01/2010 |
||||||||||
|
To Date |
// |
||||||||||
|
Person Function |
Arbetstagarrepresentant |
||||||||||
|
|||||||||||
|
|||||||||||
|
Company Director |
|||||||||||
|
Company Number |
5563137933 |
||||||||||
|
Person Number |
5203118913 |
||||||||||
|
Person Name |
Granbom, Karl Uno |
||||||||||
|
From Date |
19/01/2010 |
||||||||||
|
To Date |
// |
||||||||||
|
Person Function |
Arbetstagarrepresentant |
||||||||||
|
|||||||||||
|
|||||||||||
|
Company Director |
|||||||||||
|
Company Number |
5563137933 |
||||||||||
|
Person Number |
4710011737 |
||||||||||
|
Person Name |
Jerräng, Bo Olof |
||||||||||
|
From Date |
// |
||||||||||
|
To Date |
// |
||||||||||
|
Person Function |
Arbetstagarrepresentant |
||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
Company Director |
|||||||||||
|
Company Number |
5563137933 |
||||||||||
|
Person Number |
6806151616 |
||||||||||
|
Person Name |
Scheikl, Per Franz |
||||||||||
|
From Date |
19/05/2009 |
||||||||||
|
To Date |
// |
||||||||||
|
Person Function |
Arbetstagarrepresentant |
||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.12 |
|
|
1 |
Rs.73.43 |
|
Euro |
1 |
Rs.62.32 |
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.