MIRA INFORM REPORT
|
Report Date : |
14.09.2011 |
IDENTIFICATION DETAILS
|
Name : |
SEPPALA OY |
|
|
|
|
Formerly Known As : |
Sewex Oy |
|
|
|
|
Registered Office : |
C/O Stockmann Oyj Abp Aleksanterinkatu 52 B, 00100, Helsinki |
|
|
|
|
Country : |
Finland |
|
|
|
|
Financials (as on) : |
31.12.2010 |
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|
|
|
Date of Incorporation : |
24.09.1976 |
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|
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Com. Reg. No.: |
01138757 |
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|
|
Legal Form : |
Limited Company |
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|
|
|
Line of Business : |
Retail sale of clothing in non-specialized stores |
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 : |
50.000 EUR |
|
|
|
|
Status : |
Good |
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|
|
|
Payment
Behaviour : |
Usually Correct |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Finland |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
REGISTERED NAME & COMPANY
SUMMARY
|
Trading Name |
Seppälä Oy |
Trade Registry Number |
244326 |
|
|
|
Company Name |
Seppälä Oy |
Business ID |
01138757 |
|
|
|
Previous Name |
Sewex Oy |
|
|
|
|
|
Telephone Number |
091217200 |
Registered Address |
c/o STOCKMANN OYJ ABP ALEKSANTERINKATU 52
B, 00100, HELSINKI |
|
|
|
Fax Number |
098251100 |
Visiting Address |
Tikkurilantie 146, 01530, VANTAA |
|
|
|
Home Municipality |
Vantaa |
Postal Address |
PL 234, 01531, VANTAA |
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|
|
Incorporation Date |
24.09.1976 |
Branches |
139 |
|
|
|
Company Type |
Limited company |
Website Address |
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|
|
|
Primary Sic Code |
47719 |
Accountant |
KPMG Oy Ab |
||
|
Primary Sic Description |
Retail sale of clothing in non-specialized stores |
Last Accounts Date |
31.12.2010 |
|
|
|
Share Capital (€) |
5.046.000 |
Holding Company |
|
|
|
|
Deals in importing |
Yes |
Foreign Ownership |
No |
|
|
|
Deals in exporting |
Yes |
Currency |
EUR |
|
|
CREDIT RECOMENDATION
Current Credit Limit: 50.000 EUR
DIRECTORS/MANAGEMENT
Current Directors
|
Name |
Vähähyyppä Simo Pekka |
|
|
|
Date of Birth |
24.09.1960 |
Appointment Date |
15.05.2001 |
|
Nationality |
FINLAND |
Function |
Actual Member of Board |
|
Name |
Penttilä Hannu Erkki Olavi |
|
|
|
Date of Birth |
29.04.1953 |
Appointment Date |
15.05.2001 |
|
Nationality |
FINLAND |
Function |
Chairman of Board |
|
Name |
Okkonen Terhi Päivikki |
|
|
|
Date of Birth |
11.09.1961 |
Appointment Date |
15.12.2005 |
|
Nationality |
FINLAND |
Function |
Managing director |
|
Name |
Naulapää Reijo Jukka |
|
|
|
Date of Birth |
12.07.1966 |
Appointment Date |
15.05.2001 |
|
Nationality |
FINLAND |
Function |
Actual Member of Board |
Other Company
Officials
|
Name |
Suomela Aino Mari |
|
|
|
Date of Birth |
20.10.1960 |
Appointment Date |
15.12.2005 |
|
Nationality |
FINLAND |
Function |
Principal accountant |
|
Name |
Kumpulainen Jussi-Pekka Mikael |
|
|
|
Date of Birth |
02.09.1959 |
Appointment Date |
26.08.2009 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Haarlaa Tuire Irene Elisabet |
|
|
|
Date of Birth |
11.01.1956 |
Appointment Date |
26.08.2009 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Salminen Sinikka Riitta Katariina |
|
|
|
Date of Birth |
27.01.1952 |
Appointment Date |
26.08.2009 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Lifflander Saara Ilona Maria |
|
|
|
Date of Birth |
18.02.1979 |
Appointment Date |
26.08.2009 |
|
Nationality |
FINLAND |
Function |
Procurist |
NEGATIVE INFORMATION
No negative information found.
SHARE & SHARE CAPITAL
INFORMATION
Shareholder
Information
|
Year |
31.12.2010 |
|
Total Value of Shares |
5.046.000 |
|
Number of Shares |
30.000 |
|
Value of Shares |
|
PAYMENT INFORMATION
Na
GROUP STRUCTURE & AFFILIATED
COMPANIES
|
Holding Company |
Companies in Group |
45 |
|
|
Ultimate Holding Company |
Ownership Status |
Ultimately Owned |
Subsidiaries
|
- |
Minority Shares
|
- |
Group Structure
|
Company Name |
|
Country |
Trade Registry Number |
Business ID |
Latest Key Financials |
Ownership |
|
LINDEX INDIA PRIVATE LTD |
|
INDIA |
- |
- |
- |
100% |
|
SHANGHAI LINDEX CONSULTING COMPANY LTD |
|
CHINA |
- |
- |
- |
100% |
|
LINDEX HK LTD |
|
CHINA |
- |
- |
- |
99% |
|
LINDEX SIA |
|
LATVIA |
- |
- |
- |
100% |
|
SIA STOCKMANN CENTRS |
|
LATVIA |
- |
- |
- |
63% |
|
SIA STOCKMANN |
|
LATVIA |
- |
- |
- |
100% |
|
LINDEX UAB |
|
LITHUANIA |
- |
- |
- |
100% |
|
UAB STOCKMANN |
|
LITHUANIA |
- |
- |
- |
100% |
|
LINDEX AS |
|
NORWAY |
- |
- |
- |
100% |
|
IT WILL BE FIT AB |
|
SWEDEN |
- |
- |
- |
100% |
|
LINDEX FINANCIAL SERVICES AB |
|
SWEDEN |
- |
- |
- |
100% |
|
ESPEVIK I SVERIGE AB |
|
SWEDEN |
- |
- |
- |
100% |
|
AB ESPEVIK |
|
SWEDEN |
- |
- |
- |
100% |
|
LINDEX SVERIGE AB |
|
SWEDEN |
- |
- |
- |
100% |
|
STOCKMANN SVERIGE AB |
|
SWEDEN |
- |
- |
- |
100% |
|
LINDEX AB |
|
SWEDEN |
- |
- |
- |
100% |
|
HOBBY HALL AB |
|
SWEDEN |
- |
- |
- |
100% |
|
|
FINLAND |
448535 |
07569558 |
31.12.2008 |
100% |
|
|
|
FINLAND |
427849 |
07414337 |
31.12.2009 |
100% |
|
|
|
FINLAND |
422079 |
07230642 |
31.12.2010 |
100% |
|
|
|
FINLAND |
414477 |
07109324 |
- |
100% |
|
|
|
FINLAND |
401490 |
06724093 |
31.12.2010 |
100% |
|
|
|
FINLAND |
336917 |
05756202 |
31.12.2008 |
100% |
|
|
|
FINLAND |
286537 |
04237902 |
31.12.2008 |
38% |
|
|
|
FINLAND |
286174 |
03691513 |
- |
100% |
|
|
|
FINLAND |
250840 |
02966909 |
31.12.2008 |
16% |
|
|
|
FINLAND |
164546 |
01955765 |
31.12.2009 |
100% |
|
|
|
FINLAND |
38342 |
01141622 |
31.12.2010 |
- |
|
|
|
FINLAND |
- |
21525367 |
31.12.2010 |
100% |
|
|
|
FINLAND |
- |
20915064 |
31.12.2010 |
100% |
|
|
|
FINLAND |
752802 |
15132639 |
- |
100% |
|
|
|
FINLAND |
569871 |
09487871 |
- |
100% |
|
|
|
FINLAND |
90297 |
15444413 |
31.12.2010 |
100% |
|
|
|
FINLAND |
524472 |
08586755 |
31.12.2010 |
10% |
|
|
|
FINLAND |
474878 |
08161546 |
- |
100% |
|
|
|
FINLAND |
478404 |
08152009 |
- |
100% |
|
|
LINDEX SRO |
|
CZECH REPUBLIC |
- |
- |
- |
100% |
|
TOV STOCKMANN |
|
UKRAINE |
- |
- |
- |
100% |
|
OOO STOCKMANN STP CENTRE |
|
RUSSIAN FEDERATION |
- |
- |
- |
100% |
|
ZAO STOCKMANN |
|
RUSSIAN FEDERATION |
- |
- |
- |
100% |
|
ZAO KALINKA-STOCKMANN STP |
|
RUSSIAN FEDERATION |
- |
- |
- |
100% |
|
ZAO KALINKA-STOCKMANN |
|
RUSSIAN FEDERATION |
- |
- |
- |
100% |
|
LINDEX AS |
|
ESTONIA |
- |
- |
- |
100% |
|
STOCKMANN AS |
|
ESTONIA |
- |
- |
- |
100% |
|
LINDEX SRO |
|
CZECH REPUBLIC |
- |
- |
- |
100% |
FINANCIAL INFORMATION
Financial
Statement
|
Year |
|
2010 |
|
2009 |
Key Financials
|
Year |
31.12.2010 |
% |
31.12.2009 |
% |
31.12.2008 |
% |
31.12.2007 |
|
Turnover (€) |
94.387.000 |
|
94.349.000 |
-5% |
99.484.000 |
-2% |
101.129.000 |
|
Result After Taxes(€) |
211.000 |
-20% |
265.000 |
-8% |
289.000 |
-29% |
407.000 |
|
Total Assets(€) |
45.852.000 |
-4% |
47.801.000 |
45% |
33.049.000 |
-16% |
39.302.000 |
|
Number of Employees |
635 |
-30% |
901 |
|
500-999 |
|
946 |
|
Estimated Shareholders Funds |
13.297.080 |
-1% |
13.384.280 |
4% |
12.889.110 |
2% |
12.576.640 |
Ratios
|
Year |
31.12.2010 |
|
31.12.2009 |
|
31.12.2008 |
|
31.12.2007 |
|
Solvency Ratio |
29% |
|
28% |
|
39% |
|
32% |
|
|
Moderate Indebtedness |
|
Moderate Indebtedness |
|
Moderate Indebtedness |
|
Moderate Indebtedness |
|
Operating Result Ratio |
9,30 |
|
11,40 |
|
10,70 |
|
15,10 |
|
Turnover Employee Ratio |
14.864,00 |
|
10.472,00 |
|
132,73 |
|
1.069,00 |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
Registrations in
Force
|
|
State |
Registration Date |
|
Tax Administration |
Registered |
15.03.1978 |
|
Trade Register |
Registered |
24.09.1976 |
|
Employer Register |
Registered |
01.11.1991 |
|
Prepayment Register |
Registered |
01.03.1995 |
|
Value Added Tax-Liability |
VAT-liable for business activity |
01.06.1994 |
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.10 |
|
UK Pound |
1 |
Rs.74.64 |
|
Euro |
1 |
Rs.64.42 |
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.