MIRA INFORM REPORT

Report Date :

24.11.2011

IDENTIFICATION DETAILS

Name :	XPERIA HOME SWEDEN AB

Registered Office :	Ringtrastvägen 1, 59137 Motala

Country :	Sweden

Financials (as on) :	2010

Date of Incorporation :	23.10.2001

Com. Reg. No.:	5566175179

Legal Form :	Limited Liability Company

Line of Business :	Construction of utility projects for fluids

No. of Employees :	3

RATING & COMMENTS

MIRA’s Rating :

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 :	525.000 SEK
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 – September 30, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Sweden

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Company Summary

Business Name	Xperia Home Sweden AB
Country	SWEDEN
Company Registration Number	5566175179
Main Activity	Construction of utility projects for fluids
Activity Code	42210
Company Status	Active
Latest Turnover Figure	7.708.000 SEK
Latest Shareholder Equity Figure	764.000 SEK
Credit Rating	87 (1 - 100)
Rating Description	Very good credit worthiness
Credit Limit	525.000 SEK

Activities
42210	Construction of utility projects for fluids

Financial Information

Profit and Loss
Financial Year	2010	2009	2008
Number of Weeks	52	52	52
Currency	SEK	SEK	SEK
Conslotidated Accounts	N	N	N
Revenue	7.786.000	3.381.000	491.000
Operating Costs	6.898.000	2.977.000	480.000
Operating Profit	888.000	404.000	11.000
Wages & Salaries	-1.153.000	-905.000	-13.000
Depreciation	-3.000	-2.000	-6.000
Financial Income	-	-	-
Financial Expenses	-163.000	-70.000	-2.000
Extraordinary Income	-	-	-
Extraordinary Costs	-163.000	-70.000	-2.000
Profit before Tax	725.000	334.000	9.000
Tax	-145.000	-66.000	-3.000
Profit after Tax	725.000	334.000	9.000
Minority Interests	-	-	-
Other Appropriations	-183.000	-87.000	-
Retained Profit	396.000	181.000	6.000

Balance Sheet
Financial Year	2010	2009	2008
Number of Weeks	52	52	52
Currency	SEK	SEK	SEK
Consolidated Accounts	N	N	N
Land & Buildings	0	0	0
Plant & Machinery	0	0	0
Other Tangible Assets	11.000	14.000	1.000
Total Tangible Assets	11.000	14.000	1.000
Goodwill	0	0	0
Other Intangible Assets	0	0	0
Total Intangible Assets	0	0	0
Loans To Group	0	0	0
Other Loans	0	0	0
Miscellaneous Fixed Assets	50.000	50.000	50.000
Total Other Fixed Assets	50.000	50.000	50.000
TOTAL FIXED ASSETS	61.000	64.000	51.000
Work In Progress	0	0	0
Other Inventories	2.341.000	1.098.000	0
Total Inventories	2.341.000	1.098.000	0
Trade Receivables	1.321.000	74.000	0
Group Receivables	0	0	0
Miscellaneous Receivables	80.000	245.000	51.000
Total Receivables	1.401.000	319.000	51.000
Cash	82.000	21.000	122.000
Other Current Assets	0	0	0
TOTAL CURRENT ASSETS	3.824.000	1.439.000	174.000
TOTAL ASSETS	3.885.000	1.502.000	225.000
Trade Payables	641.000	138.000	0
Bank Liabilities	984.000	90.000	0
Group Payables	0	0	0
Miscellaneous Liabilities	455.000	322.000	12.000
TOTAL CURRENT LIABILITIES	2.080.000	550.000	12.000
Bank Liabilities Due After 1 Year	709.000	389.000	0
Other Loans Or Finance Due After 1 Year	0	0	0
Group Payables After 1 Year	0	0	0
Miscellaneous Liabilities Due After 1 Year	333.000	182.000	12.000
TOTAL LONG TERM LIABILITIES	1.042.000	571.000	12.000
TOTAL LIABILITIES	3.121.000	1.121.000	25.000
Called Up Share Capital	100.000	100.000	100.000
Share Premium	0	0	0
Revenue Reserves	644.000	261.000	80.000
Other Reserves	20.000	20.000	20.000
TOTAL SHAREHOLDERS EQUITY	764.000	381.000	200.000

Other Financials
Contingent Liabilities	0	0	0
Working Capital	1.744.000	889.000	162.000
Net Worth	764.000	381.000	200.000

Ratios
Pre-Tax Profit Margin	9.31 %	9.88 %	1.83 %
Return On Capital Employed	12.15 %	16.28 %	3.80 %
Return On Total Assets Employed	18.66 %	22.24 %	4.00 %
Return On Net Assets Employed	94.90 %	87.66 %	4.50 %
Sales/Net Working Capital	4.46	3.80	3.03
Stock Turnover Ratio	30.07 %	32.48 %
Debtor Days	61.93	7.99	0.00
Creditor Days	30.05	14.90	0.00
Current Ratio	1.84	2.62	14.50
Liquidity Ratio/Acid Test	0.71	0.62	14.50
Current Debt Ratio	2.72	1.44	0.06
Gearing	229.84 %	150.66 %	6.00 %
Equity In Percentage	19.92 %	26.22 %	114.29 %
Total Debt Ratio	4.09	2.94

Contact Information

Main Address
Address	Country	Telephone
Ringtrastvägen 1, 59137 MOTALA	SWEDEN	0141-50102

Other Address
Address	Country
No other addresses for this company.

Email Addresses

No information for this company.

Web Pages

No information for this company.

Share Capital Structure

Issued Share Capital

100.000 SEK

Directors/Managers

Current Directors
Name	Appointment Date	Position
Leif Mikael Larsson	08/12/2009	Actual Member of Board
Sven Thomas Morgan Fogelqvist	31/10/2003	Actual Member of Board
Sven Olof Thomas Fogelqvist	08/12/2009	Substitute

Previous Directors
Name	Appointment Date	Position	Resignation Date
Kyung Anna Sofia Andersson	31/10/2003	Substitute	08/12/2009

Other Information

Employee Information
Year	Number of Employees
2010	3
2009	3
2008	1
2007	1
2006	1

Advisors
Auditor Name	Per Jonas Hovlund

Additional Information

Tax Registrations
Registered for FTax	Yes
Registered for VAT	Yes
Registered for Employee Tax	Yes

Certificates
Type	Category	Issuer
No certificate information for this company.

Industry Comparison
Activity Code	42210
Activity Description	Construction of utility projects for fluids
Industry Average Credit Rating	71 (1 - 100)
Industry Average Credit Limit	559.000 SEK

Event History
Event Date	Event Description
29/03/2011	Phone number, new
29/03/2011	Fax number, removed
14/03/2011	Annual account, new
14/03/2011	Limit, increase
01/03/2011	Annual report (PDF), new
06/05/2010	Annual report (PDF), new
04/05/2010	Annual account, new
04/05/2010	Limit, increase
09/12/2009	Board, changed
09/12/2009	Company representatives, changed
09/12/2009	Company business activity, changed
09/12/2009	Company name, changed (old name: Nordiska i Askersund AB)
09/12/2009	Address, changed
09/12/2009	Authorised signatory, changed
03/07/2009	Limit, decrease
03/07/2009	Annual account, new
25/06/2009	Annual report (PDF), new
12/05/2009	Company name, changed (old name: ASKERSUNDS ENERGIBYGG AB)
12/05/2009	Company business activity, changed
27/11/2008	Address, changed
21/11/2008	Board, changed
21/11/2008	Company business activity, changed
21/11/2008	Company representatives, changed
21/11/2008	Place of residence, changed
21/11/2008	Address, changed
21/08/2008	Annual account, new
30/07/2008	Annual report (PDF), new
27/09/2007	Annual account, new

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.52.10
UK Pound	1	Rs.81.30
Euro	1	Rs.70.07

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

Basic Information
Business Name	Xperia Home Sweden AB
Registered Company Name	Xperia Home Sweden AB
Company Registration Number	5566175179
Country	SWEDEN
VAT Registration Number	SE556617517901
Date of Company Registration	23/10/2001
Legal Form	Limited liability company
Company Status	Active
Currency of this Report	SEK
Principal Activity Description	Bolaget ska bedriva import av och detaljhandel i butik för hus och hem såsom inredning, köksutrustning och förbrukningsvaror samt idka därmed förenlig verksamhet.
Contact Address	59137 MOTALA
Contact Telephone Number	0141-50102