|
Report Date : |
17.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
CARLOBOLAGET AB |
|
|
|
|
Registered Office : |
Box 204, 33424 Anderstorp |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
2010 |
|
|
|
|
Date of Incorporation : |
17.07.1995 |
|
|
|
|
Com. Reg. No.: |
5565203378 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of other household goods |
|
|
|
|
No. of Employees : |
9 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
1.750.000 SEK |
|
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 March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Sweden |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company Summary
|
Business Name |
Carlobolaget AB |
|||||
|
Country |
SWEDEN |
|||||
|
Company Registration Number |
5565203378 |
|||||
|
Main Activity |
Wholesale of other household goods n.e.c. |
|||||
|
Activity Code |
46499 |
|||||
|
Company Status |
Active |
|||||
|
Latest Turnover Figure |
37.437.000 SEK |
|||||
|
Latest Shareholder Equity Figure |
3.926.000 SEK |
|||||
|
Credit Limit |
1.750.000 SEK |
|||||
|
BASIC
INFORMATION |
||||||
|
Business Name |
Carlobolaget AB |
|||||
|
Registered Company Name |
Carlobolaget AB |
|||||
|
Company Registration Number |
5565203378 |
|||||
|
Country |
SWEDEN |
|||||
|
VAT Registration Number |
SE556520337801 |
|||||
|
Date of Company Registration |
17/07/1995 |
|||||
|
Legal Form |
Limited liability company |
|||||
|
Company Status |
Active |
|||||
|
Currency of this Report |
SEK |
|||||
|
Principal Activity Description |
Bolaget skall tillverka och fφrsδlja lδdervaror,
vδskor fφr olika δndamεl och resefekter samt idka annan dδrmed fφrenlig
verksam- het. |
|||||
|
Contact Address |
33424 ANDERSTORP |
|||||
|
Contact Telephone Number |
0371-19390 |
|||||
|
Activities |
||||||
|
Activity Code |
Activity Description |
|||||
|
46499 |
Wholesale of other household goods n.e.c. |
|||||
|
15120 |
Manufacture of luggage, handbags and the like, saddlery and harness |
|||||
|
Main Address |
||||||
|
Address |
Country |
Telephone |
||||
|
Box 204, 33424 ANDERSTORP |
SWEDEN |
0371-19390 |
||||
|
Other Address |
||||||
|
Address |
Country |
|||||
|
No other addresses for this company. |
|
|||||
|
Email Addresses |
||||||
|
info@carlobolaget.se |
||||||
|
Web Pages |
||||||
|
www.carlobolaget.se |
||||||
Current Credit Limit: 1.750.000
SEK
|
Current Directors |
|||||||
|
Name |
Appointment Date |
Position |
|
||||
|
Lars Hεkan Persson |
12/08/2004 |
Actual Member of Board |
|
||||
|
Jonas Toivo Rudmo |
31/10/2001 |
Actual Member of Board |
|
||||
|
Carin Maria Elisabeth Sommehed |
12/08/2004 |
Substitute |
|
||||
|
Susanne Margareta Persson |
12/08/2004 |
Substitute |
|
||||
|
Previous Directors |
|||||||
|
Name |
Appointment Date |
Position |
Resignation Date |
||||
|
Jonas Toivo Rudmo |
31/10/2001 |
Managing Director |
09/10/2007 |
||||
|
Advisors |
|||||||
|
Auditor Name |
Johan Tomas Ahlgren |
||||||
No negative information
found.
|
Issued Share Capital |
100.000 SEK |
|
Record of non-payment |
|
Number of distraint attempts and repossessions |
|
Number of public claims |
|
Number of private claims |
|
Number of applications for an order to pay |
|
Number of reclaimed/revoked applications |
|
Ultimate Holding Parent |
|
||||||
|
Ultimate Holding Company Name |
Bag Factory Sverige AB |
|
|||||
|
Ultimate Holding Company Country |
SWEDEN |
5563347409 |
|||||
|
Immediate Holding Parent |
|
||||||
|
No information for this company. |
|
||||||
|
Subsidary Companies |
|
||||||
|
Subsidiary Name |
Country |
Number |
|
||||
|
No subsidaries for this company. |
|
|
|
||||
|
Affiliates |
|
||||||
|
Affiliate Name |
Country |
Number |
|
||||
|
No affiliates for this company. |
|
|
|
||||
|
Profit and Loss |
||||||||||||
|
Financial Year |
2010 |
2009 |
2008 |
|||||||||
|
Number of Weeks |
52 |
52 |
52 |
|||||||||
|
Currency |
SEK |
SEK |
SEK |
|||||||||
|
Conslotidated Accounts |
N |
N |
N |
|||||||||
|
Revenue |
37.888.000 |
34.839.000 |
33.478.000 |
|||||||||
|
Operating Costs |
35.867.000 |
34.085.000 |
34.159.000 |
|||||||||
|
Operating Profit |
2.021.000 |
754.000 |
-681.000 |
|||||||||
|
Wages & Salaries |
-5.293.000 |
-5.960.000 |
-6.888.000 |
|||||||||
|
Depreciation |
-120.000 |
-130.000 |
-254.000 |
|||||||||
|
Financial Income |
45.000 |
28.000 |
22.000 |
|||||||||
|
Financial Expenses |
-829.000 |
-586.000 |
-802.000 |
|||||||||
|
Extraordinary Income |
- |
- |
- |
|||||||||
|
Extraordinary Costs |
-829.000 |
-586.000 |
-802.000 |
|||||||||
|
Profit before Tax |
1.238.000 |
197.000 |
-1.460.000 |
|||||||||
|
Tax |
-298.000 |
-35.000 |
- |
|||||||||
|
Profit after Tax |
1.238.000 |
197.000 |
-1.460.000 |
|||||||||
|
Minority Interests |
- |
- |
- |
|||||||||
|
Other Appropriations |
-157.000 |
-18.000 |
1.490.000 |
|||||||||
|
Retained Profit |
784.000 |
144.000 |
30.000 |
|||||||||
|
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 |
177.000 |
148.000 |
231.000 |
|||||||||
|
Other Tangible Assets |
73.000 |
100.000 |
127.000 |
|||||||||
|
Total Tangible Assets |
250.000 |
248.000 |
358.000 |
|||||||||
|
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 |
57.000 |
57.000 |
57.000 |
|||||||||
|
Total Other Fixed Assets |
57.000 |
57.000 |
57.000 |
|||||||||
|
TOTAL FIXED ASSETS |
307.000 |
305.000 |
414.000 |
|||||||||
|
Work In Progress |
0 |
0 |
0 |
|||||||||
|
Other Inventories |
13.076.000 |
10.604.000 |
10.414.000 |
|||||||||
|
Total Inventories |
13.076.000 |
10.604.000 |
10.414.000 |
|||||||||
|
Trade Receivables |
6.363.000 |
6.234.000 |
6.345.000 |
|||||||||
|
Group Receivables |
2.762.000 |
2.869.000 |
2.752.000 |
|||||||||
|
Miscellaneous Receivables |
1.560.000 |
1.044.000 |
1.739.000 |
|||||||||
|
Total Receivables |
10.685.000 |
10.147.000 |
10.836.000 |
|||||||||
|
Cash |
13.000 |
14.000 |
15.000 |
|||||||||
|
Other Current Assets |
0 |
0 |
0 |
|||||||||
|
TOTAL CURRENT ASSETS |
23.774.000 |
20.766.000 |
21.265.000 |
|||||||||
|
TOTAL ASSETS |
24.081.000 |
21.071.000 |
21.679.000 |
|||||||||
|
Trade Payables |
4.202.000 |
2.543.000 |
2.530.000 |
|||||||||
|
Bank Liabilities |
8.837.000 |
7.443.000 |
8.101.000 |
|||||||||
|
Group Payables |
2.958.000 |
2.959.000 |
4.128.000 |
|||||||||
|
Miscellaneous Liabilities |
3.486.000 |
3.895.000 |
2.843.000 |
|||||||||
|
TOTAL CURRENT LIABILITIES |
19.483.000 |
16.840.000 |
17.602.000 |
|||||||||
|
Bank Liabilities Due After 1 Year |
0 |
0 |
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 |
672.000 |
647.000 |
637.000 |
|||||||||
|
TOTAL LONG TERM LIABILITIES |
672.000 |
647.000 |
637.000 |
|||||||||
|
TOTAL LIABILITIES |
20.155.000 |
17.487.000 |
18.238.000 |
|||||||||
|
Called Up Share Capital |
100.000 |
100.000 |
100.000 |
|||||||||
|
Share Premium |
0 |
0 |
0 |
|||||||||
|
Revenue Reserves |
4.248.000 |
3.464.000 |
3.321.000 |
|||||||||
|
Other Reserves |
-422.000 |
20.000 |
20.000 |
|||||||||
|
TOTAL SHAREHOLDERS EQUITY |
3.926.000 |
3.584.000 |
3.441.000 |
|||||||||
|
Other Financials |
||||||||||||
|
Contingent Liabilities |
9.000 |
11.000 |
14.000 |
|||||||||
|
Working Capital |
4.291.000 |
3.926.000 |
3.663.000 |
|||||||||
|
Net Worth |
3.926.000 |
3.584.000 |
3.441.000 |
|||||||||
|
Ratios |
||||||||||||
|
Pre-Tax Profit Margin |
3.27 % |
0.57 % |
-4.36 % |
|||||||||
|
Return On Capital Employed |
2.84 % |
0.52 % |
-3.72 % |
|||||||||
|
Return On Total Assets Employed |
5.14 % |
0.93 % |
-6.73 % |
|||||||||
|
Return On Net Assets Employed |
31.53 % |
5.50 % |
-42.43 % |
|||||||||
|
Sales/Net Working Capital |
8.83 |
8.87 |
9.14 |
|||||||||
|
Stock Turnover Ratio |
34.51 % |
30.44 % |
31.11 % |
|||||||||
|
Debtor Days |
61.30 |
65.31 |
69.18 |
|||||||||
|
Creditor Days |
40.48 |
26.64 |
27.58 |
|||||||||
|
Current Ratio |
1.22 |
1.23 |
1.21 |
|||||||||
|
Liquidity Ratio/Acid Test |
0.55 |
0.60 |
0.62 |
|||||||||
|
Current Debt Ratio |
4.96 |
4.70 |
5.12 |
|||||||||
|
Gearing |
225.09 % |
207.67 % |
235.43 % |
|||||||||
|
Equity In Percentage |
16.34 % |
17.06 % |
15.91 % |
|||||||||
|
Total Debt Ratio |
5.13 |
4.88 |
5.30 |
|||||||||
Na
|
Employee Information |
||||||
|
Year |
Number of Employees |
|||||
|
2010 |
9 |
|||||
|
2009 |
12 |
|||||
|
2008 |
13 |
|||||
|
2007 |
14 |
|||||
|
2006 |
13 |
|||||
|
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 |
46499 |
|||||
|
Activity Description |
Wholesale of other household goods n.e.c. |
|||||
|
Industry Average Credit Rating |
70 (1 - 100) |
|||||
|
Industry Average Credit Limit |
94.000 SEK |
|||||
|
Event History |
||||||
|
Event Date |
Event Description |
|||||
|
22/10/2011 |
Company representatives, changed |
|||||
|
22/10/2011 |
Authorised signatory, changed |
|||||
|
22/10/2011 |
Board, changed |
|||||
|
18/07/2011 |
Annual account, new |
|||||
|
12/07/2011 |
Annual report (PDF), new |
|||||
|
14/06/2011 |
Limit, increase |
|||||
|
14/06/2011 |
Annual account, new |
|||||
|
30/05/2011 |
Annual report (PDF), new |
|||||
|
29/03/2011 |
Phone number, changed |
|||||
|
29/06/2010 |
Annual account, new |
|||||
|
23/06/2010 |
Annual report (PDF), new |
|||||
|
21/06/2010 |
Limit, increase |
|||||
|
21/06/2010 |
Annual account, new |
|||||
|
15/06/2010 |
Annual report (PDF), new |
|||||
|
14/07/2009 |
Limit, increase |
|||||
|
14/07/2009 |
Annual account, new |
|||||
|
02/07/2009 |
Annual report (PDF), new |
|||||
|
23/06/2009 |
Authorised signatory, changed |
|||||
|
23/06/2009 |
Board, changed |
|||||
|
23/06/2009 |
Company representatives, changed |
|||||
|
12/06/2008 |
Annual account, new |
|||||
|
30/05/2008 |
Annual report (PDF), new |
|||||
|
10/10/2007 |
Authorised signatory, changed |
|||||
|
10/10/2007 |
Company representatives, changed |
|||||
|
10/10/2007 |
Board, changed |
|||||
|
02/07/2007 |
Annual account, new |
|||||
|
Debt balance at the Swedish Enforcement Agency |
||||||
|
Number of Private Claims |
||||||
|
Balance of Private Claims |
||||||
|
Number of Public Claims |
||||||
|
Balance of Public Claims |
||||||
|
Total Balance |
||||||
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.66 |
|
|
1 |
Rs.81.79 |
|
Euro |
1 |
Rs.67.18 |
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 SCs 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.