MIRA INFORM REPORT
|
Report Date : |
03.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
PERSTORP BIOPRODUCTS AB |
|
|
|
|
Registered Office : |
44484 Stenungsund |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2010 |
|
|
|
|
Date of Incorporation : |
20.04.2007 |
|
|
|
|
Com. Reg. No.: |
5567285779 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of other chemical products |
|
|
|
|
No. of Employees
: |
03 |
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 |
|
Maximum Credit Limit : |
3.250.000 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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Sweden |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
REGISTERED NAME & COMPANY
SUMMARY
|
Business Name |
Perstorp BioProducts AB |
||||
|
Country |
SWEDEN |
||||
|
Company Registration Number |
5567285779 |
||||
|
Main Activity |
Manufacture of other chemical products n.e.c. |
||||
|
Activity Code |
20590 |
||||
|
Company Status |
Active |
||||
|
Latest Turnover Figure |
1.021.770.000 SEK |
||||
|
Latest Shareholder Equity Figure |
24.362.000 SEK |
||||
|
Basic Information |
|
||||
|
Business Name |
Perstorp BioProducts AB |
|
|||
|
Registered Company Name |
Perstorp BioProducts AB |
|
|||
|
Company Registration Number |
5567285779 |
|
|||
|
Country |
SWEDEN |
|
|||
|
VAT Registration Number |
SE556728577901 |
|
|||
|
Date of Company Registration |
20/04/2007 |
|
|||
|
Legal Form |
Limited liability company |
|
|||
|
Company Status |
Active |
|
|||
|
Currency of this Report |
SEK |
|
|||
|
Principal Activity Description |
Bolaget skall ha till föremål för sin verksamhet att tillverka och
försälja kemikalier, bränslekomponenter, energi och därmed förknippad
teknologi, baserat på biologiska råvaror samt annan därmed förenlig
verksamhet. (The Company shall have the objective of which
is to
manufacture and sell chemicals, fuel components, energy and related technology, based on biological raw
materials and other related activities.) |
|
|||
|
Contact Address |
44484 STENUNGSUND |
|
|||
|
Contact Telephone Number |
|
|
|||
|
Activities |
|
||||
|
Activity Code |
Activity Description |
|
|||
|
20590 |
Manufacture of other chemical products n.e.c. |
|
|||
|
Main Address |
|
||||
|
Address |
Country |
Telephone |
|
||
|
, 44484 STENUNGSUND |
SWEDEN |
|
|
||
|
Other Address |
|
|
Address |
Country |
|
No other addresses for this company. |
|
|
Email Addresses |
|
No information for this company. |
|
Web Pages |
|
No information for this company. |
CREDIT RECOMENDATION
Current Credit Limit: 3.250.000 SEK
|
Previous Credit Limit |
3.250.000 SEK |
DIRECTORS/MANAGEMENT
|
Current
Directors |
||||||
|
Name |
Appointment Date |
Position |
|
|||
|
Tomas Lennart Hagström |
11/08/2009 |
Actual Member of Board |
|
|||
|
Lars-Olof Lind |
12/07/2007 |
Actual Member of Board |
|
|||
|
Anders Göran Lundin |
21/10/2008 |
Actual Member of Board |
|
|||
|
Bengt Anders Lennart Sallmén |
12/07/2007 |
Actual Member of Board |
|
|||
|
Eva-Brita Valter |
17/05/2011 |
Actual Member of Board |
|
|||
|
Previous
Directors |
||||||
|
Name |
Appointment Date |
Position |
Resignation Date |
|||
|
Bo Gustav Lennart Hagelqvist |
12/07/2007 |
Actual Member of Board |
17/05/2011 |
|||
|
Anders Göran Lundin |
21/10/2008 |
Managing Director |
16/10/2009 |
|||
|
Tomas Lennart Hagström |
16/10/2009 |
Managing Director |
17/05/2011 |
|||
|
Nanny Kristina Josefina Sallén |
21/10/2008 |
Actual Member of Board |
11/08/2009 |
|||
|
Jonas Bo Dankis |
12/07/2007 |
Actual Member of Board |
21/10/2008 |
|||
|
Ulf Lennart Holm |
12/07/2007 |
Actual Member of Board |
21/10/2008 |
|||
|
Anita Helena Berggren |
20/04/2007 |
Actual Member of Board |
12/07/2007 |
|||
|
Eva Margareta Eljans |
20/04/2007 |
Substitute |
12/07/2007 |
|||
NEGATIVE INFORMATION
Na
SHARE & SHARE CAPITAL
INFORMATION
|
Issued Share Capital |
100.000 SEK |
PAYMENT INFORMATION
|
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 |
- |
|
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 |
- |
GROUP STRUCTURE & AFFILIATED
COMPANIES
|
Ultimate Holding Parent |
|
|
|
Ultimate Holding Company Name |
Perstorp Holding AB |
|
|
Ultimate Holding Company Country |
SWEDEN |
5566674205 |
|
Immediate Holding Parent |
|
No information for this company. |
|
Subsidiary Companies |
||
|
Subsidiary Name |
Country |
Number |
|
No subsidiaries for this company. |
|
|
|
Affiliates |
||
|
Affiliate Name |
Country |
Number |
|
No affiliates for this company. |
|
|
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 |
1.021.770.000 |
1.045.743.000 |
1.264.216.000 |
|
Operating Costs |
1.016.654.000 |
1.030.503.000 |
1.244.759.000 |
|
Operating Profit |
5.116.000 |
15.240.000 |
19.457.000 |
|
Wages & Salaries |
- |
- |
- |
|
Depreciation |
- |
- |
- |
|
Financial Income |
1.543.000 |
687.000 |
2.099.000 |
|
Financial Expenses |
-10.789.000 |
-10.393.000 |
-23.468.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
-10.789.000 |
-10.393.000 |
-23.468.000 |
|
Profit before Tax |
-4.130.000 |
5.534.000 |
-1.912.000 |
|
Tax |
-170.000 |
-3.155.000 |
11.155.000 |
|
Profit after Tax |
-4.130.000 |
5.534.000 |
-1.912.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
3.300.000 |
28.800.000 |
-20.000.000 |
|
Retained Profit |
-1.000.000 |
11.179.000 |
-30.757.000 |
|
Balance Sheet |
|||||||||
|
Financial Year |
2010 |
2009 |
2008 |
||||||
|
Number of Weeks |
52 |
52 |
52 |
||||||
|
Currency |
SEK |
SEK |
SEK |
||||||
|
Consolidated Accounts |
N |
N |
N |
||||||
|
Land & Buildings |
24.613.000 |
26.045.000 |
27.208.000 |
||||||
|
Plant & Machinery |
150.343.000 |
158.473.000 |
166.262.000 |
||||||
|
Other Tangible Assets |
2.998.000 |
2.324.000 |
317.000 |
||||||
|
Total Tangible Assets |
177.954.000 |
186.842.000 |
193.787.000 |
||||||
|
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 |
0 |
0 |
0 |
||||||
|
Total Other Fixed Assets |
0 |
0 |
0 |
||||||
|
TOTAL FIXED ASSETS |
177.954.000 |
186.842.000 |
193.787.000 |
||||||
|
Work In Progress |
0 |
0 |
0 |
||||||
|
Other Inventories |
52.345.000 |
40.296.000 |
61.087.000 |
||||||
|
Total Inventories |
52.345.000 |
40.296.000 |
61.087.000 |
||||||
|
Trade Receivables |
59.738.000 |
67.406.000 |
100.566.000 |
||||||
|
Group Receivables |
103.000 |
0 |
40.300.000 |
||||||
|
Miscellaneous Receivables |
9.898.000 |
13.646.000 |
10.576.000 |
||||||
|
Total Receivables |
69.739.000 |
81.052.000 |
151.442.000 |
||||||
|
Cash |
0 |
0 |
0 |
||||||
|
Other Current Assets |
0 |
0 |
0 |
||||||
|
TOTAL CURRENT ASSETS |
122.084.000 |
121.348.000 |
212.529.000 |
||||||
|
TOTAL ASSETS |
300.038.000 |
308.190.000 |
406.316.000 |
||||||
|
Trade Payables |
4.850.000 |
23.693.000 |
10.088.000 |
||||||
|
Bank Liabilities |
202.023.000 |
162.942.000 |
222.913.000 |
||||||
|
Group Payables |
16.590.000 |
28.581.000 |
13.086.000 |
||||||
|
Miscellaneous Liabilities |
24.313.000 |
36.412.000 |
97.187.000 |
||||||
|
TOTAL CURRENT LIABILITIES |
247.776.000 |
251.628.000 |
343.274.000 |
||||||
|
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 |
27.900.000 |
31.200.000 |
40.000.000 |
||||||
|
TOTAL LONG TERM LIABILITIES |
27.900.000 |
31.200.000 |
40.000.000 |
||||||
|
TOTAL LIABILITIES |
275.676.000 |
282.828.000 |
383.274.000 |
||||||
|
Called Up Share Capital |
100.000 |
100.000 |
100.000 |
||||||
|
Share Premium |
0 |
0 |
0 |
||||||
|
Revenue Reserves |
24.262.000 |
14.121.000 |
-26.074.000 |
||||||
|
Other Reserves |
0 |
11.141.000 |
49.016.000 |
||||||
|
TOTAL SHAREHOLDERS EQUITY |
24.362.000 |
25.362.000 |
23.042.000 |
||||||
|
Other Financials |
|||||||||
|
Contingent Liabilities |
10.645.383.000 |
0 |
0 |
||||||
|
Working Capital |
-125.692.000 |
-130.280.000 |
-130.745.000 |
||||||
|
Net Worth |
24.362.000 |
25.362.000 |
23.042.000 |
||||||
|
Ratios |
|||||||||
|
Pre-Tax Profit Margin |
-0.40 % |
0.53 % |
-0.15 % |
||||||
|
Return On Capital Employed |
-0.75 % |
0.99 % |
-0.26 % |
||||||
|
Return On Total Assets Employed |
-1.38 % |
1.80 % |
-0.47 % |
||||||
|
Return On Net Assets Employed |
-16.95 % |
21.82 % |
-8.30 % |
||||||
|
Sales/Net Working Capital |
-8.13 |
-8.03 |
-9.67 |
||||||
|
Stock Turnover Ratio |
5.12 % |
3.85 % |
4.83 % |
||||||
|
Debtor Days |
21.34 |
23.53 |
29.04 |
||||||
|
Creditor Days |
1.73 |
8.27 |
2.91 |
||||||
|
Current Ratio |
0.49 |
0.48 |
0.62 |
||||||
|
Liquidity Ratio/Acid Test |
0.28 |
0.32 |
0.44 |
||||||
|
Current Debt Ratio |
10.17 |
9.92 |
14.90 |
||||||
|
Gearing |
829.25 % |
642.47 % |
967.42 % |
||||||
|
Equity In Percentage |
8.12 % |
8.23 % |
5.67 % |
||||||
|
Total Debt Ratio |
11.32 |
11.15 |
16.63 |
||||||
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
|
Employee Information |
|
|
Year |
Number of Employees |
|
2010 |
3 |
|
2009 |
3 |
|
2008 |
6 |
|
2007 |
0 |
|
Advisors |
|
|
Auditor Name |
Sven Mattias Lamme |
|
Auditor Name |
Öhrlings PricewaterhouseCoopers AB |
|
Tax Registrations |
|
|
Registered for Tax |
Yes |
|
Registered for VAT |
Yes |
|
Registered for Employee Tax |
Yes |
|
Certificates |
||
|
Type |
Category |
Issuer |
|
No certificate information for this company. |
|
|
|
Industry Comparison |
|
|
Activity Code |
20590 |
|
Activity Description |
Manufacture of other chemical products n.e.c. |
|
Industry Average Credit Limit |
2.790.000 SEK |
|
Event History |
|
|
Event Date |
Event Description |
|
20/01/2012 |
Board, changed |
|
26/09/2011 |
Limit, decrease |
|
26/09/2011 |
Group annual accout, new |
|
26/09/2011 |
Annual account, new |
|
12/08/2011 |
Annual report (PDF), new |
|
18/05/2011 |
Board, changed |
|
18/05/2011 |
Authorised signatory, changed |
|
18/05/2011 |
Company representatives, changed |
|
28/07/2010 |
Annual account, new |
|
28/07/2010 |
Limit, decrease |
|
09/07/2010 |
Annual report (PDF), new |
|
04/05/2010 |
Limit, increase |
|
07/04/2010 |
Limit, decrease |
|
30/11/2009 |
Limit, increase |
|
19/10/2009 |
Company representatives, changed |
|
19/10/2009 |
Authorised signatory, changed |
|
19/10/2009 |
Board, changed |
|
28/08/2009 |
Limit, increase |
|
28/08/2009 |
Annual account, new |
|
26/08/2009 |
Board, changed |
|
26/08/2009 |
Company representatives, changed |
|
26/08/2009 |
Authorised signatory, changed |
|
14/08/2009 |
Limit, decrease |
|
12/08/2009 |
Board, changed |
|
12/08/2009 |
Company business activity, changed |
|
12/08/2009 |
Authorised signatory, changed |
|
12/08/2009 |
Limit, increase |
|
12/08/2009 |
Company representatives, changed |
|
06/08/2009 |
Annual report (PDF), new |
|
22/10/2008 |
Board, changed |
|
22/10/2008 |
Company representatives, changed |
|
22/10/2008 |
Authorised signatory, changed |
|
05/09/2008 |
Annual account, new |
|
13/08/2008 |
Annual report (PDF), new |
|
29/01/2008 |
Employment tax, changed |
|
03/12/2007 |
Board, changed |
|
21/09/2007 |
Employment tax, changed |
|
21/09/2007 |
VAT, changed |
|
21/09/2007 |
Company tax, changed |
|
10/08/2007 |
Address, changed |
|
19/07/2007 |
Company business activity, changed |
|
13/07/2007 |
Authorised signatory, changed |
|
13/07/2007 |
Company business activity, changed |
|
13/07/2007 |
Board, changed |
|
13/07/2007 |
Address, changed |
|
13/07/2007 |
Company representatives, changed |
|
13/07/2007 |
Place of residence, changed |
|
28/04/2007 |
Address, changed |
|
23/04/2007 |
Company representatives, changed |
|
23/04/2007 |
Board, changed |
|
23/04/2007 |
Authorised signatory, changed |
|
23/04/2007 |
Company business activity, changed |
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.13 |
|
UK Pound |
1 |
Rs.77.85 |
|
Euro |
1 |
Rs.64.78 |
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.