MIRA
INFORM REPORT
|
Report Date : |
14.05.2011 |
IDENTIFICATION DETAILS
|
Name : |
HÄSTENS SÄNGAR TILLVERKNING AKTIEBOLAG |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
03.12.1999 |
|
|
|
|
Com. Reg. No.: |
5565812996 |
|
|
|
|
Legal Form : |
Private Companies |
|
|
|
|
Line of Business : |
Company is to Manufacture and Sale of Bedding and Sleeping
Equipment and Related Business. |
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 |
|
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 – 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 |
Hästens Sängar Tillverkning Aktiebolag |
|
Registered Number |
5565812996 |
|
Address |
|
|
Town |
KÖPING |
|
PostCode |
73123 KÖPING |
|
Region |
VÄSTMANLAND |
|
Telephone |
0221-27400 |
|
Fax |
0221-27419 |
|
Legal Form |
A2 |
|
Currency |
KSEK (all financial data is in thousands) |
|
Share Capital |
100 |
|
Registration Date |
03/12/1999 |
|
Email |
|
|
Web Address |
|
|
Company Type |
Privat aktiebolag AB |
|
Credit Information Summary |
|
|
Credit Limit (KSEK) |
60 |
|
Purchase Limit |
24,000 |
|
Date of Latest Accounts |
31/12/2009 |
|
Net Sales |
137,344 |
|
Profit After Financial Items |
-18,884 |
|
Net Worth |
120 |
|
Court Data Summary |
|
|
Record of Non-Payment |
|
|
Number Of CCJs |
0 |
|
Number Of Taxation Claims |
0 |
|
Number Of Payment Applications |
0 |
|
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 |
5565812996 |
|
Company Name |
Hästens Sängar Tillverkning Aktiebolag |
|
Activity Description |
Bolaget skall bedriva tillverkning och försäljning av sängar och
sovutrustning samt därmed förenlig verksamhet. (Company is to manufacture and sale of bedding and sleeping
equipment and related business) |
|
Trade Code |
31030 |
|
Trade Description |
Madrassindustri |
|
Taxes & Charges |
|
|
Registered FTax |
Yes |
|
Registered VAT |
Yes |
|
Registered Employee Tax |
Yes |
|
Other Information |
|
|
Accountant Audited (YES/NO) |
Yes |
|
Employees |
137 |
|
Floating Charge |
15000 |
Accounts
& Ratios
|
Period |
|||||
|
Company Number |
5565812996 |
Changes |
5565812996 |
Changes |
5565812996 |
|
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 |
|||||
|
Turnover |
137,344 |
-33.2% |
205,731 |
-15.5% |
243,395 |
|
Total Operating Expenses |
155,027 |
-24.3% |
204,894 |
-13.8% |
237,595 |
|
Operating Result |
-17,683 |
-2,212.7% |
837 |
-85.6% |
5,800 |
|
Total Financial Income |
-843 |
-689.5% |
143 |
-84.4% |
915 |
|
Total Financial Expenses |
357 |
279.8% |
94 |
754.5% |
11 |
|
Profit Loss After Financial Items |
-18,884 |
-2,233.8% |
885 |
-86.8% |
6,705 |
|
Taxation |
-4,708 |
-2,061.7% |
240 |
-85.2% |
1,627 |
|
Group Contribute |
0 |
- |
0 |
- |
0 |
|
Extraordinary Items |
0 |
- |
0 |
- |
0 |
|
Other Appropriations |
0 |
- |
0 |
- |
0 |
|
Minority Interest And Profit |
0 |
- |
0 |
- |
0 |
|
Net Result |
-14,176 |
-2,297.8% |
645 |
-87.3% |
5,078 |
|
Other Information |
|||||
|
- Employee Costs |
12,132 |
-24.7% |
16,122 |
-16.9% |
19,406 |
|
- Dividends |
0 |
- |
0 |
-100.0% |
6,310 |
Balance Sheet
|
|||||
|
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 |
0 |
- |
0 |
- |
0 |
|
- Goodwill |
0 |
- |
0 |
- |
0 |
|
- Other Intangible Assets |
0 |
- |
0 |
- |
0 |
|
Tangible Fixed Assets |
0 |
- |
0 |
- |
0 |
|
- Land And Buildings |
0 |
- |
0 |
- |
0 |
|
- Plant And Machinery |
0 |
- |
0 |
- |
0 |
|
- Other Tangible Fixed Assets |
0 |
- |
0 |
- |
0 |
|
Financial Fixed Assets |
4,808 |
4,708.0% |
100 |
0.0% |
100 |
|
Total Fixed Assets |
4,808 |
4,708.0% |
100 |
0.0% |
100 |
|
Inventories |
51,861 |
-24.2% |
68,390 |
59.4% |
42,908 |
|
Trade Accounts Receivable |
0 |
- |
0 |
- |
0 |
|
- Cash |
9 |
-18.2% |
11 |
-8.3% |
12 |
|
- Miscellaneous Current Assets |
9,817 |
-51.7% |
20,309 |
-55.2% |
45,307 |
|
Total Current Assets |
61,687 |
-30.5% |
88,710 |
0.5% |
88,227 |
|
|
|||||
|
Current Liabilities |
|||||
|
- Trade Creditors |
6,936 |
-36.9% |
10,993 |
-3.4% |
11,376 |
|
- Short Term Group Loans |
34,894 |
-39.6% |
57,749 |
17.2% |
49,294 |
|
- Other Short Term Loans |
5,004 |
- |
0 |
- |
0 |
|
- Miscellaneous Current Liabilities |
9,962 |
-50.0% |
19,920 |
-6.2% |
21,227 |
|
Total Current Liabilities |
56,796 |
-35.9% |
88,662 |
8.3% |
81,897 |
|
Long Term Debts |
|||||
|
- Long Term Group Loans |
0 |
- |
0 |
- |
0 |
|
- Other Long Term Loans |
9,579 |
- |
0 |
- |
0 |
|
- Other Long Term Liabilities |
0 |
- |
0 |
- |
0 |
|
Total Long Term Debts |
9,579 |
- |
0 |
- |
0 |
|
Shareholders Equity |
|||||
|
Issued Share Capital |
100 |
0.0% |
100 |
0.0% |
100 |
|
Share Premium Account |
0 |
- |
0 |
- |
0 |
|
Other Share Capital And Reserves |
20 |
-58.3% |
48 |
-99.2% |
6,331 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Shareholders Equity |
120 |
-18.9% |
148 |
-97.7% |
6,431 |
|
|
|||||
|
Working Capital |
4,891 |
10,089.6% |
48 |
-99.2% |
6,330 |
|
Net Worth |
120 |
-18.9% |
148 |
-97.7% |
6,431 |
|
|
|||||
Ratios Analysis
|
|||||
|
|
|||||
|
Return On Capital |
-157.37 |
-2,731.6% |
5.98 |
473.3% |
1.04 |
|
Return On Capital Employed |
-0.28 |
-2,636.4% |
0.01 |
-85.5% |
0.08 |
|
Profit Margin |
-0.13 |
-3,325.0% |
0.00 |
-83.3% |
0.02 |
|
Gross Profit Margin |
0.32 |
-41.4% |
0.54 |
25.2% |
0.43 |
|
Capital Turnover |
2.07 |
-10.9% |
2.32 |
-15.9% |
2.76 |
|
Solidity |
0.00 |
0.0% |
0.00 |
-97.3% |
0.07 |
|
Rate Of Return |
-49.52 |
-596.8% |
9.97 |
-98.4% |
610.46 |
|
|
|||||
|
Acid Test Ratio |
0.17 |
-24.5% |
0.23 |
-58.6% |
0.55 |
|
Inventory Turnover |
1.37 |
-19.0% |
1.69 |
-50.5% |
3.41 |
|
Average Payment Period |
0 |
- |
0 |
- |
0 |
|
Turnover / Employee |
1,002.51 |
-13.3% |
1,155.79 |
-20.7% |
1,457.46 |
|
Average Debt Equity Ratio |
0.01 |
400.0% |
0.00 |
- |
0 |
|
Cash Flow From Operation |
-0.10 |
-3,533.3% |
0.00 |
-85.7% |
0.02 |
|
Accounts Receivable Turnover |
0 |
- |
0 |
- |
0 |
|
Industry Comparison |
|
|
Activity Code |
31030 |
|
Activity Description |
Madrassindustri |
|
Industry Average Credit Rating |
76 |
|
Industry Average Credit Limit |
1734 |
Record
of Payment / Debt Balance
|
Company CCJ's |
|
|
No CCJ's for this company. |
|
|
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 |
|
20/04/2011 |
Credit limit increase |
|
09/08/2010 |
Credit limit decrease |
|
09/08/2010 |
New annual account |
|
28/07/2010 |
New annual report (PDF) |
|
28/08/2009 |
Credit limit decrease |
|
28/08/2009 |
New annual account |
|
31/07/2009 |
New annual report (PDF) |
|
19/02/2009 |
Board changed |
|
29/09/2008 |
Board changed |
|
11/08/2008 |
Authorised signatory changed |
|
11/08/2008 |
Change in company representatives |
|
11/08/2008 |
Board changed |
|
05/08/2008 |
New annual account |
|
30/07/2008 |
New annual report (PDF) |
|
10/10/2007 |
New annual account |
|
30/08/2006 |
New annual account |
Group
Structure
|
Ultimate Parent Company |
|
|
Ultimate Parent Company |
HÄSTENS SÄNGAR AKTIEBOLAG |
|
Companies in Group |
8 |
|
Company Name |
Company Number |
|
HÄSTENS SÄNGAR AKTIEBOLAG |
Foreign (SE) |
|
-HÄSTENS INTERNATIONAL AB |
Foreign (SE) |
|
HÄSTENS BEDS |
Foreign (FR) |
|
HÄSTENS BEDS INC. |
Foreign (US) |
|
HÄSTENS SÄNGAR TILLVERKNING AKTIEBOLAG |
Foreign (SE) |
|
-HÄSTENS BEDS AKTIEBOLAG |
Foreign (SE) |
|
HÄSTENS BEDS |
Foreign (DK) |
|
HÄSTENS |
Foreign (NL) |
Directors
|
Director |
|||||||||||
|
Company Number |
5565812996 |
||||||||||
|
Person Number |
6307299351 |
||||||||||
|
Person Name |
Ryde, Jan David |
||||||||||
|
From Date |
31/10/2003 |
||||||||||
|
To Date |
// |
||||||||||
|
Person Function |
Ledamot |
||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
Director |
|||||||||||
|
Company Number |
5565812996 |
||||||||||
|
Person Number |
6502236299 |
||||||||||
|
Person Name |
Jansson, Carl Peter |
||||||||||
|
From Date |
08/08/2008 |
||||||||||
|
To Date |
// |
||||||||||
|
Person Function |
Suppleant |
||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
Director |
|||||||||||
|
Company Number |
5565812996 |
||||||||||
|
Person Number |
6307299351 |
||||||||||
|
Person Name |
Ryde, Jan David |
||||||||||
|
From Date |
31/10/2003 |
||||||||||
|
To Date |
// |
||||||||||
|
Person Function |
Verkställande direktör |
||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.91 |
|
|
1 |
Rs.73.06 |
|
Euro |
1 |
Rs.64.03 |
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.