MIRA INFORM
REPORT
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Report Date : |
10.03.2011 |
IDENTIFICATION DETAILS
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Name : |
FRIGGS AB |
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Registered Office : |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
21.10.2004 |
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Com. Reg. No.: |
5566688817 |
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Legal Form : |
Private Company |
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Line of Business : |
Production, Marketing and |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Under Merger Process |
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Payment
Behaviour : |
Unknown |
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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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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|
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 |
Note:
This company is “still alive” but we have information that this company are in a merger process, this process started 01.11.2010.
And if the merger will go ahead this company will been closed and all activities will be moved to another business number.
But today is still a active company but the info about merger are “big”.
Company
Summary
|
Company Details |
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Company Name |
Friggs AB |
|
Registered Number |
5566688817 |
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Address |
|
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Town |
|
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PostCode |
10241 |
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Region |
|
|
Telephone |
08-50169300 |
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Fax |
- |
|
Legal Form |
A2 |
|
Currency |
KSEK (all financial data is in thousands) |
|
Share Capital |
100 |
|
Registration Date |
21/10/2004 |
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Email |
|
|
Web Address |
|
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Company Type |
Privat aktiebolag AB |
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Credit Information Summary |
|
|
Company Status |
Active |
|
Credit Rating Description |
Merger |
|
Credit Limit (KSEK) |
0 |
|
Purchase Limit |
720,800 |
|
Date of Latest Accounts |
31/12/2009 |
|
Net Sales |
288,301 |
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Profit After Financial Items |
25,401 |
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Net Worth |
11,892 |
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Court Data Summary |
|
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Record of Non-Payment |
|
|
Number Of CCJs |
0 |
|
Number Of Taxation Claims |
1 |
|
Number Of Payment Applications |
0 |
|
Debt Balance at Kronofogdemyndigheten |
|
|
Balance Single (KSEK) |
0 |
|
Balance Common ROP (KSEK) |
0 |
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Total (KSEK) |
0 |
|
Number Single |
0 |
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Number Common |
0 |
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Total Number |
0 |
Additional
Information
|
Company Details |
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Company Number |
5566688817 |
|
Company Name |
|
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Activity Description |
Bolaget skall direkt eller indirekt bedriva produktion, marknadsföring
och försäljning av vitaminer, mineraler, naturläkemedel, kosttillskott,
hälsokost och andra hälsoproukter samt därmed förenlig verksamhet. (The
Company shall directly or
indirectly engage in production, marketing and sale of vitamins,
minerals, herbal remedies, food supplements, health foods and other hälsoproukter and related business) |
|
Trade Code |
46380 |
|
Trade Description |
Andra livsmedel, partihandel (Other foods, wholesale) |
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Taxes & Charges |
|
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Registered Tax |
Yes |
|
Registered VAT |
Yes |
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Registered Employee Tax |
Yes |
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Other Information |
|
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Accountant Audited (YES/NO) |
Yes |
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Employees |
21 |
|
Floating Charge |
0 |
Accounts
& Ratios
|
Period |
|||||
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Company Number |
5566688817 |
Changes |
5566688817 |
Changes |
5566688817 |
|
Accounts End Date |
2009-12-31T00:00:00 |
% |
2008-12-31T00:00:00 |
% |
2007-12-31T00:00:00 |
|
Number Of Months |
12 |
- |
12 |
- |
12 |
|
Currency |
KSEK |
- |
KSEK |
- |
KSEK |
|
Profit & Loss |
|||||
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Turnover |
288,301 |
3.1% |
279,723 |
-3.5% |
289,728 |
|
Total Operating Expenses |
260,973 |
2.7% |
254,197 |
-14.1% |
295,760 |
|
Operating Result |
27,328 |
7.1% |
25,526 |
523.2% |
-6,032 |
|
Total Financial Income |
140 |
-81.2% |
743 |
217.5% |
234 |
|
Total Financial Expenses |
2,067 |
-53.4% |
4,432 |
-11.7% |
5,020 |
|
Profit Loss After Financial Items |
25,401 |
16.3% |
21,837 |
301.9% |
-10,818 |
|
Taxation |
6,815 |
87.4% |
3,637 |
234.4% |
-2,706 |
|
Group Contribute |
0 |
- |
0 |
- |
0 |
|
Extraordinary Items |
0 |
- |
0 |
- |
0 |
|
Other Appropriations |
0 |
- |
0 |
- |
0 |
|
Minority Interest And Profit |
0 |
- |
0 |
- |
0 |
|
Net Result |
18,586 |
2.1% |
18,200 |
324.4% |
-8,112 |
|
Other Information |
|||||
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- Employee Costs |
4,290 |
-10.8% |
4,810 |
11.9% |
4,299 |
|
- Dividends |
0 |
- |
0 |
- |
0 |
|
Balance Sheet |
|||||
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Accounts End Date |
2009-12-31T00:00:00 |
% |
2008-12-31T00:00:00 |
% |
2007-12-31T00:00:00 |
|
Number Of Months |
12 |
|
12 |
|
12 |
|
Currency |
KSEK |
- |
KSEK |
- |
KSEK |
|
Intangible Fixed Assets |
778 |
-63.2% |
2,112 |
-33.5% |
3,177 |
|
- Goodwill |
0 |
- |
0 |
- |
0 |
|
- Other Intangible Assets |
778 |
-63.2% |
2,112 |
-33.5% |
3,177 |
|
Tangible Fixed Assets |
348 |
-47.6% |
664 |
-25.8% |
895 |
|
- Land And Buildings |
0 |
- |
0 |
- |
0 |
|
- Plant And Machinery |
0 |
- |
0 |
- |
0 |
|
- Other Tangible Fixed Assets |
348 |
-47.6% |
664 |
-25.8% |
895 |
|
Financial Fixed Assets |
1,164 |
-8.8% |
1,277 |
-19.3% |
1,582 |
|
Total Fixed Assets |
2,290 |
-43.5% |
4,053 |
-28.3% |
5,654 |
|
Inventories |
24,033 |
-10.0% |
26,709 |
12.7% |
23,692 |
|
Trade Accounts Receivable |
32,627 |
10.0% |
29,649 |
-11.1% |
33,350 |
|
- Cash |
110 |
-31.7% |
161 |
-72.8% |
591 |
|
- Miscellaneous Current Assets |
17,822 |
-70.7% |
60,859 |
60.3% |
37,960 |
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Total Current Assets |
74,592 |
-36.5% |
117,378 |
22.8% |
95,593 |
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Current Liabilities |
|||||
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- Trade Creditors |
19,742 |
-34.4% |
30,077 |
73.3% |
17,356 |
|
- Short Term Group Loans |
33,755 |
18.6% |
28,460 |
20.0% |
23,725 |
|
- Other Short Term Loans |
0 |
- |
0 |
- |
0 |
|
- Miscellaneous Current Liabilities |
10,715 |
5.8% |
10,132 |
54.6% |
6,553 |
|
Total Current Liabilities |
64,212 |
-6.5% |
68,669 |
44.2% |
47,634 |
|
Long Term Debts |
|||||
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- Long Term Group Loans |
0 |
-100.0% |
39,895 |
-20.8% |
50,379 |
|
- Other Long Term Loans |
0 |
- |
0 |
- |
0 |
|
- Other Long Term Liabilities |
0 |
- |
0 |
- |
0 |
|
Total Long Term Debts |
0 |
-100.0% |
39,895 |
-20.8% |
50,379 |
|
Shareholders Equity |
|||||
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Issued Share Capital |
100 |
0.0% |
100 |
0.0% |
100 |
|
Share Premium Account |
0 |
- |
0 |
- |
0 |
|
Other Share Capital And Reserves |
12,570 |
-1.5% |
12,767 |
307.4% |
3,134 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Shareholders Equity |
12,670 |
-1.5% |
12,867 |
297.9% |
3,234 |
|
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Working Capital |
10,380 |
-78.7% |
48,709 |
1.6% |
47,959 |
|
Net Worth |
11,892 |
10.6% |
10,755 |
18,768.4% |
57 |
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Ratios Analysis |
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Return On Capital |
2.01 |
18.1% |
1.70 |
150.7% |
-3.35 |
|
Return On Capital Employed |
0.36 |
65.3% |
0.22 |
478.9% |
-0.06 |
|
Profit Margin |
0.10 |
4.4% |
0.09 |
533.3% |
-0.02 |
|
Gross Profit Margin |
0.39 |
-4.2% |
0.41 |
-4.0% |
0.43 |
|
Capital Turnover |
3.75 |
62.8% |
2.30 |
-19.5% |
2.86 |
|
Solidity |
0.17 |
55.7% |
0.11 |
231.3% |
0.03 |
|
Rate Of Return |
13.29 |
124.2% |
5.93 |
613.2% |
-1.16 |
|
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Acid Test Ratio |
0.79 |
-40.4% |
1.32 |
-12.5% |
1.51 |
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Inventory Turnover |
6.91 |
5.3% |
6.56 |
31.4% |
4.99 |
|
Average Payment Period |
33.05 |
6.8% |
30.95 |
-7.9% |
33.61 |
|
Turnover / Employee |
13,728.62 |
-1.8% |
13,986.15 |
-13.1% |
16,096.00 |
|
Average Debt Equity Ratio |
0.03 |
-22.0% |
0.04 |
-19.6% |
0.05 |
|
Cash Flow From Operation |
0.07 |
-1.4% |
0.07 |
787.5% |
0.01 |
|
Accounts Receivable Turnover |
8.84 |
-6.3% |
9.43 |
8.6% |
8.69 |
|
Industry Comparison |
|
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Activity Code |
46380 |
|
Activity Description |
Andra livsmedel, partihandel |
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Industry Average Credit Rating |
70 |
|
Industry Average Credit Limit |
141 |
Record
of Payment / Debt Balance
|
Company CCJ's |
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No CCJ's for this company. |
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Company Tax Charges |
|
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Company Number |
5566688817 |
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Date Created |
2006-12-20T00:00:00 |
|
Amount |
600 |
|
Creditor |
Term 0 |
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Company Debt Balance |
|
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No company debt balance for this company. |
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Event
History
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Event Date |
Event Description |
|
09/12/2010 |
Credit limit decrease |
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09/12/2010 |
Status on company |
|
20/08/2010 |
Credit limit decrease |
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20/08/2010 |
New annual account |
|
06/08/2010 |
New annual report (PDF) |
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02/02/2010 |
Change in company representatives |
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02/02/2010 |
Authorised signatory changed |
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02/02/2010 |
Board changed |
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04/08/2009 |
New annual account |
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04/08/2009 |
Credit limit increase |
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01/08/2009 |
Credit limit increase |
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29/07/2009 |
New annual report (PDF) |
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25/07/2009 |
Credit limit decrease |
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27/01/2009 |
Change in company representatives |
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27/01/2009 |
Authorised signatory changed |
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27/01/2009 |
Board changed |
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13/10/2008 |
Board changed |
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29/09/2008 |
Board changed |
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15/08/2008 |
New annual account |
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31/07/2008 |
New annual report (PDF) |
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11/06/2008 |
Board changed |
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11/06/2008 |
Change in company representatives |
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11/06/2008 |
Authorised signatory changed |
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28/03/2008 |
Address changed |
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30/01/2008 |
Authorised signatory changed |
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30/01/2008 |
Change in company representatives |
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30/01/2008 |
Board changed |
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09/08/2007 |
New annual account |
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05/07/2007 |
Authorised signatory changed |
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05/07/2007 |
Board changed |
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05/07/2007 |
Change in company representatives |
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28/10/2006 |
Address changed |
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22/08/2006 |
New annual account |
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08/06/2006 |
Board changed |
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08/06/2006 |
Change in company representatives |
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08/06/2006 |
Authorised signatory changed |
Group
Structure
|
Ultimate Parent Company |
|
|
Ultimate Parent Company |
MIDELFART SONESSON AB |
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Companies in Group |
30 |
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Company Name |
Company Number |
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MIDELFART SONESSON AB |
Foreign (SE) |
|
-AKTIEBOLAGET ARCTIC MEDICA |
Foreign (SE) |
|
MIWANA AKTIEBOLAG |
Foreign (SE) |
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AUSTRALIAN BODYCARE A/S |
Foreign (DK) |
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BIOGLAN AKTIEBOLAG |
Foreign (SE) |
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-BIOGLAN AS |
Foreign (NO) |
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-MIDELFART SONESSON AS |
Foreign (NO) |
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CRUSTUM AB |
Foreign (SE) |
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BIOGLAN PHARMA AB |
Foreign (SE) |
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FRIGGS AB |
Foreign (SE) |
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HKC EGENVÅRD AB |
Foreign (SE) |
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-MAXMEDICA AB |
Foreign (SE) |
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MAXMEDICA A/S |
Foreign (DK) |
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MAXMEDICA OY |
Foreign (FI) |
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-WILH. SONESSON AB |
Foreign (SE) |
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HKC HOLDING AB |
Foreign (SE) |
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MAX MEDICA HOLDING AB |
Foreign (SE) |
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VITALAS INTERNATIONAL AB |
Foreign (SE) |
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-VITALA'S AB |
Foreign (SE) |
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NATURPOST ÅLAND OY |
Foreign (AX) |
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Foreign (NL) |
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VITALAS ALANDIA AB OY |
Foreign (AX) |
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VITALAS MARKETING HANDELSBOLAG |
Foreign (SE) |
|
VITALAS POLSKI |
Foreign (PL) |
|
VITAMEX A/S |
Foreign (DK) |
|
VITAMEX INTERNATIONAL AKTIEBOLAG |
Foreign (SE) |
|
-VITAMEX AKTIEBOLAG |
Foreign (SE) |
|
VITAMEX INVEST BV |
Foreign (NL) |
|
VITAMEX PRODUCTION AB |
Foreign (SE) |
|
VITAMEX |
Foreign (NL) |
Directors
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Director |
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Company Number |
5566688817 |
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Person Number |
6612113974 |
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Person Name |
Åsberg, Peter Sven-Eric |
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From Date |
29/01/2008 |
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To Date |
// |
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Person Function |
Ledamot |
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Director |
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Company Number |
5566688817 |
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Person Number |
6101100094 |
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Person Name |
Svensson, Per Olov Lennart |
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From Date |
26/01/2009 |
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To Date |
// |
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Person Function |
Suppleant |
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Director |
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Company Number |
5566688817 |
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Person Number |
5805123972 |
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Person Name |
Wirfelt, Sven Ingvar |
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From Date |
01/02/2010 |
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To Date |
// |
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Person Function |
Extern verkställande direktör |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.02 |
|
|
1 |
Rs.72.70 |
|
Euro |
1 |
Rs.62.54 |
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 |
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.