MIRA INFORM REPORT
|
Report Date : |
20.05.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
ELLOS AKTIEBOLAG |
|
|
|
|
Registered Office : |
Borås, 50186 Borås, Västra Götaland |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
24.07.1944 |
|
|
|
|
Com. Reg. No.: |
5560440264 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Mail order retail trade and retail on the internet with
wide range |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
(KSEK) 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) |
|
Sweden |
a2 |
a2 |
|
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 |
Ellos Aktiebolag |
|
Registered Number |
5560440264 |
|
Address |
|
|
Town |
BORÅS |
|
PostCode |
50186 BORÅS |
|
Region |
VÄSTRA GÖTALAND |
|
Telephone |
033-160000 |
|
Fax |
033-160444 |
|
Legal Form |
A2 |
|
Currency |
KSEK (all financial data is in thousands) |
|
Share Capital |
146,450 |
|
Registration Date |
24/07/1944 |
|
Email |
francoise.deve@ellos.se |
|
Web Address |
www.ellos.se |
|
Company Type |
Privat aktiebolag AB |
|
Credit Information Summary |
|
|
Company Status |
Active |
|
Credit Rating Description |
Very good credit worthiness |
|
Credit Limit (KSEK) |
50,000 |
|
Purchase Limit |
467,600 |
|
Date of Latest Accounts |
31/12/2009 |
|
Net Sales |
1,870,582 |
|
Profit After Financial Items |
-42,516 |
|
Net Worth |
435,758 |
|
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 |
5560440264 |
|
Company Name |
Ellos Aktiebolag |
|
Activity Description |
andelar och värdepapper samt bedriva annan med ovan nämnda
verksamheter förenlig verksamhet. (shares and securities and to carry on with the above activities compatible activities.) |
|
Trade Code |
47911 |
|
Trade Description |
Postorderhandel och detaljhandel på Internet med brett sortiment (Mail
order retail trade and retail on the internet with wide
range) |
|
Taxes & Charges |
|
|
Registered Tax |
Yes |
|
Registered VAT |
Yes |
|
Registered Employee Tax |
Yes |
|
Other Information |
|
|
Accountant Audited (YES/NO) |
Yes |
|
Employees |
661 |
|
Floating Charge |
0 |
Accounts
& Ratios
|
Period |
|||||
|
Company Number |
5560440264 |
Changes |
5560440264 |
Changes |
5560440264 |
|
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 |
1,870,582 |
-1.0% |
1,890,005 |
-0.6% |
1,901,731 |
|
Total Operating Expenses |
1,919,019 |
0.3% |
1,913,734 |
1.9% |
1,878,050 |
|
Operating Result |
-48,437 |
-104.1% |
-23,729 |
-200.2% |
23,681 |
|
Total Financial Income |
21,721 |
82.8% |
11,885 |
-35.4% |
18,405 |
|
Total Financial Expenses |
15,800 |
-42.1% |
27,266 |
32.3% |
20,603 |
|
Profit Loss After Financial Items |
-42,516 |
-8.7% |
-39,110 |
-282.0% |
21,484 |
|
Taxation |
-10,479 |
-138.4% |
-4,395 |
-226.6% |
3,472 |
|
Group Contribute |
0 |
- |
0 |
- |
0 |
|
Extraordinary Items |
0 |
- |
0 |
- |
0 |
|
Other Appropriations |
4,378 |
-75.2% |
17,683 |
225.7% |
-14,071 |
|
Minority Interest And Profit |
0 |
- |
0 |
- |
0 |
|
Net Result |
-27,659 |
-62.4% |
-17,032 |
-532.2% |
3,941 |
|
Other Information |
|||||
|
- Employee Costs |
92,390 |
-10.9% |
103,636 |
0.0% |
103,604 |
|
- Dividends |
0 |
- |
0 |
-100.0% |
200,000 |
|
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 |
6,598 |
-17.1% |
7,962 |
-40.5% |
13,377 |
|
- Goodwill |
0 |
- |
0 |
- |
0 |
|
- Other Intangible Assets |
6,598 |
-17.1% |
7,962 |
-40.5% |
13,377 |
|
Tangible Fixed Assets |
88,051 |
-10.9% |
98,802 |
-10.9% |
110,901 |
|
- Land And Buildings |
73,235 |
-8.7% |
80,208 |
-8.0% |
87,181 |
|
- Plant And Machinery |
0 |
- |
0 |
- |
0 |
|
- Other Tangible Fixed Assets |
0 |
- |
0 |
- |
0 |
|
Financial Fixed Assets |
189,615 |
0.0% |
189,615 |
0.0% |
189,615 |
|
Total Fixed Assets |
284,264 |
-4.1% |
296,379 |
-5.6% |
313,893 |
|
Inventories |
315,252 |
-23.6% |
412,849 |
15.0% |
359,070 |
|
Trade Accounts Receivable |
15,196 |
-11.3% |
17,131 |
6.2% |
16,130 |
|
- Cash |
730 |
-84.3% |
4,656 |
-78.8% |
21,992 |
|
- Miscellaneous Current Assets |
541,868 |
29.3% |
419,147 |
-29.6% |
595,416 |
|
Total Current Assets |
873,046 |
2.3% |
853,783 |
-14.0% |
992,608 |
|
|
|||||
|
Current Liabilities |
|||||
|
- Trade Creditors |
118,985 |
-45.8% |
219,545 |
33.5% |
164,512 |
|
- Short Term Group Loans |
142,687 |
84.4% |
77,364 |
-22.4% |
99,719 |
|
- Other Short Term Loans |
39,955 |
-26.2% |
54,116 |
-9.4% |
59,717 |
|
- Miscellaneous Current Liabilities |
247,778 |
24.3% |
199,374 |
2.5% |
194,457 |
|
Total Current Liabilities |
549,405 |
-0.2% |
550,399 |
6.2% |
518,405 |
|
Long Term Debts |
|||||
|
- Long Term Group Loans |
0 |
- |
0 |
- |
0 |
|
- Other Long Term Loans |
0 |
- |
0 |
- |
0 |
|
- Other Long Term Liabilities |
0 |
- |
0 |
- |
0 |
|
Total Long Term Debts |
0 |
- |
0 |
- |
0 |
|
Shareholders Equity |
|||||
|
Issued Share Capital |
146,450 |
0.0% |
146,450 |
0.0% |
146,450 |
|
Share Premium Account |
0 |
- |
0 |
- |
0 |
|
Other Share Capital And Reserves |
202,813 |
6.4% |
190,552 |
-49.2% |
375,288 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Shareholders Equity |
442,356 |
1.8% |
434,473 |
-31.8% |
636,893 |
|
|
|||||
|
Working Capital |
323,641 |
6.7% |
303,384 |
-36.0% |
474,203 |
|
Net Worth |
435,758 |
2.2% |
426,511 |
-31.6% |
623,516 |
|
|
|||||
|
Ratios Analysis |
|||||
|
|
|||||
|
Return On Capital |
-0.10 |
-6.2% |
-0.10 |
-366.7% |
0.04 |
|
Return On Capital Employed |
-0.02 |
-130.0% |
-0.01 |
-131.3% |
0.03 |
|
Profit Margin |
-0.03 |
-100.0% |
-0.01 |
-208.3% |
0.01 |
|
Gross Profit Margin |
-0.11 |
-10.7% |
-0.10 |
-743.8% |
0.02 |
|
Capital Turnover |
1.62 |
-1.6% |
1.64 |
12.8% |
1.46 |
|
Solidity |
0.36 |
1.7% |
0.35 |
-23.5% |
0.46 |
|
Rate Of Return |
-2.03 |
-367.5% |
-0.43 |
-121.2% |
2.04 |
|
|
|||||
|
Acid Test Ratio |
1.02 |
26.7% |
0.80 |
-34.5% |
1.22 |
|
Inventory Turnover |
2.77 |
5.7% |
2.62 |
-2.9% |
2.70 |
|
Average Payment Period |
2.37 |
-10.4% |
2.65 |
6.9% |
2.48 |
|
Turnover / Employee |
2,829.93 |
8.9% |
2,599.73 |
7.6% |
2,416.43 |
|
Average Debt Equity Ratio |
0.03 |
-42.6% |
0.05 |
27.0% |
0.04 |
|
Cash Flow From Operation |
-0.01 |
14.3% |
-0.01 |
-131.8% |
0.02 |
|
Accounts Receivable Turnover |
59.60 |
11.3% |
53.56 |
-11.5% |
60.55 |
|
Industry Comparison |
|
|
Activity Code |
47911 |
|
Activity Description |
Postorderhandel och detaljhandel på Internet med brett sortiment |
|
Industry Average Credit Limit |
247 |
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 |
|
01/09/2010 |
New annual account |
|
13/08/2010 |
New annual report (PDF) |
|
04/08/2010 |
Board changed |
|
02/03/2010 |
Change in company representatives |
|
02/03/2010 |
Board changed |
|
02/03/2010 |
Authorised signatory changed |
|
09/02/2010 |
Board changed |
|
09/02/2010 |
Authorised signatory changed |
|
09/02/2010 |
Change in company representatives |
|
27/08/2009 |
Authorised signatory changed |
|
27/08/2009 |
Change in company representatives |
|
27/08/2009 |
Board changed |
|
11/08/2009 |
Change in company representatives |
|
11/08/2009 |
New annual account |
|
11/08/2009 |
Board changed |
|
11/08/2009 |
Authorised signatory changed |
|
05/08/2009 |
New annual report (PDF) |
|
21/08/2008 |
New annual account |
|
05/08/2008 |
Change in company representatives |
|
05/08/2008 |
Board changed |
|
05/08/2008 |
Authorised signatory changed |
|
31/07/2008 |
New annual report (PDF) |
|
04/02/2008 |
Address changed |
|
27/08/2007 |
New annual account |
|
06/08/2007 |
Board changed |
|
06/08/2007 |
Change in company representatives |
|
04/09/2006 |
Address changed |
|
02/09/2006 |
New annual account |
|
24/08/2006 |
Board changed |
|
24/08/2006 |
Company business activity |
Group
Structure
|
Ultimate Parent Company |
|
|
Ultimate Parent Company |
REDOUTE CH SA |
|
Companies in Group |
13 |
|
Company Name |
Company Number |
|
REDOUTE CH SA |
Foreign (FR) |
|
-REDCATS NORDIC AKTIEBOLAG |
Foreign (SE) |
|
ELLOS A/S |
Foreign (DK) |
|
-ELLOS AKTIEBOLAG |
Foreign (SE) |
|
ELLOS OU |
Foreign (EE) |
|
JOTEX AKTIEBOLAG |
Foreign (SE) |
|
ELLOS HOLDING A/S |
Foreign (NO) |
|
-LA REDOUTE SVERIGE AB |
Foreign (SE) |
|
LA REDOUTE NORWAY AS |
Foreign (NO) |
|
REDCATS FINANS AB |
Foreign (SE) |
|
-ELLOS TILI OY |
Foreign (FI) |
|
REDCAT INTERNATIONAL HOLDING B.V. |
Foreign (NL) |
|
REDCATS OY |
Foreign (FI) |
Directors
|
Director |
|
|
Company Number |
5560440264 |
|
Person Number |
6105160000 |
|
Person Name |
Dubois, Eric Claude Daniel |
|
From Date |
10/08/2009 |
|
To Date |
// |
|
Person Function |
Ledamot |
|
Director |
|||||||||||
|
Company Number |
5560440264 |
||||||||||
|
Person Number |
6705255658 |
||||||||||
|
Person Name |
Eriksson, Bernt Johnny |
||||||||||
|
From Date |
02/08/2008 |
||||||||||
|
To Date |
// |
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Person Function |
Ledamot |
||||||||||
|
|||||||||||
|
Director |
|||||||||||
|
Company Number |
5560440264 |
||||||||||
|
Person Number |
5809125551 |
||||||||||
|
Person Name |
Johansson, Leif Karl-Axel |
||||||||||
|
From Date |
18/12/1997 |
||||||||||
|
To Date |
// |
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|
Person Function |
Ledamot |
||||||||||
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Director |
|||||||||||
|
Company Number |
5560440264 |
||||||||||
|
Person Number |
7010028251 |
||||||||||
|
Person Name |
Lemarchal, Serge Pierre Alexis |
||||||||||
|
From Date |
01/03/2010 |
||||||||||
|
To Date |
// |
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|
Person Function |
Ledamot |
||||||||||
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|
Director |
|||||||||||
|
Company Number |
5560440264 |
||||||||||
|
Person Number |
6809275610 |
||||||||||
|
Person Name |
Noderén, Stefan Åke |
||||||||||
|
From Date |
10/08/2009 |
||||||||||
|
To Date |
// |
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|
Person Function |
Ledamot |
||||||||||
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|||||||||||
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Director |
|||||||||||
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Company Number |
5560440264 |
||||||||||
|
Person Number |
5809125551 |
||||||||||
|
Person Name |
Johansson, Leif Karl-Axel |
||||||||||
|
From Date |
26/11/1999 |
||||||||||
|
To Date |
// |
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|
Person Function |
Ordförande |
||||||||||
|
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Director |
|
|
Company Number |
5560440264 |
|
Person Number |
6105160000 |
|
Person Name |
Dubois, Eric Claude Daniel |
|
From Date |
10/08/2009 |
|
To Date |
// |
|
Person Function |
Verkställande direktör |
|
Director |
|
|
Company Number |
5560440264 |
|
Person Number |
6105160000 |
|
Person Name |
Dubois, Eric Claude Daniel |
|
From Date |
10/08/2009 |
|
To Date |
// |
|
Person Function |
Utlandsbosatt inom EES |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.98 |
|
UK Pound |
1 |
Rs.72.68 |
|
Euro |
1 |
Rs.64.16 |
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.