MIRA INFORM REPORT

 

 

Report Date :

22.02.2012

 

IDENTIFICATION DETAILS

 

Name :

SKANDINAVISK MARMOR OCH GRANIT AB

 

 

Registered Office :

Sjöviksvägen 2, 23162 Trelleborg

 

 

Country :

Sweden

 

 

Financials (as on) :

2010

 

 

Date of Incorporation :

23.11.2009

 

 

Com. Reg. No.:

5567942023

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of china and glassware and cleaning materials

 

 

No. of Employees :

5

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

Payment Behaviour :

Unknown

Litigation :

--

 


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

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

 

Company Summary

Business Name

Skandinavisk Marmor och Granit AB

Country

SWEDEN

Company Registration Number

5567942023

Main Activity

Wholesale of china and glassware and cleaning materials

Activity Code

46440

Company Status

Active

Latest Turnover Figure

1.667.000 SEK

Latest Shareholder Equity Figure

175.000 SEK

Business Name

Skandinavisk Marmor och Granit AB

Registered Company Name

Skandinavisk Marmor och Granit AB

Company Registration Number

5567942023

Country

SWEDEN

VAT Registration Number

SE556794202301

Date of Company Registration

23/11/2009

Legal Form

Limited liability company

Company Status

Active

Currency of this Report

SEK

Principal Activity Description

Bolaget skall bedriva export och import av keramiska produkter och natursten och därtill hörande grossist och detaljförsäljning samt bedriva entreprenadverksamhet med ovan nämnda material och därmed förenlig verksamhet.

Contact Address

23162 TRELLEBORG

Contact Telephone Number

0410-13000

 

 

DIRECTORS/MANAGEMENT

 

Current Directors

Name

Appointment Date

Position

Jan-Ewe Peter Larsson

19/03/2010

Actual Member of Board

Eva Rose-Marie Larsson

04/07/2011

Substitute

Previous Directors

Name

Appointment Date

Position

Bengt Mikael Kretz

19/03/2010

Actual Member of Board

Pär Håkan Paulsson

19/03/2010

Actual Member of Board

Anita Helena Berggren

23/11/2009

Actual Member of Board

Eva Margareta Eljans

23/11/2009

Substitute

 

NEGATIVE INFORMATION

 

No negative information found.

 

SHARE & SHARE CAPITAL INFORMATION

 

Issued Share Capital

100.000 SEK

 

PAYMENT INFORMATION

 

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

No group structure for this company.

 

 

FINANCIAL INFORMATION

 

Profit and Loss

Financial Year

2010

Number of Weeks

61

Currency

SEK

Conslotidated Accounts

N

Revenue

1.667.000

Operating Costs

2.936.000

Operating Profit

-1.269.000

Wages & Salaries

-1.304.000

Depreciation

-25.000

Financial Income

-

Financial Expenses

-

Extraordinary Income

-

Extraordinary Costs

-

Profit before Tax

-1.270.000

Tax

-

Profit after Tax

-1.270.000

Minority Interests

-

Other Appropriations

1.345.000

Retained Profit

-1.270.000

 

Balance Sheet

Financial Year

2010

Number of Weeks

61

Currency

SEK

Consolidated Accounts

N

Land & Buildings

0

Plant & Machinery

0

Other Tangible Assets

210.000

Total Tangible Assets

210.000

Goodwill

0

Other Intangible Assets

0

Total Intangible Assets

0

Loans To Group

0

Other Loans

0

Miscellaneous Fixed Assets

0

Total Other Fixed Assets

0

TOTAL FIXED ASSETS

210.000

Work In Progress

0

Other Inventories

75.000

Total Inventories

75.000

Trade Receivables

410.000

Group Receivables

35.000

Miscellaneous Receivables

21.000

Total Receivables

466.000

Cash

13.000

Other Current Assets

0

TOTAL CURRENT ASSETS

553.000

TOTAL ASSETS

764.000

Trade Payables

380.000

Bank Liabilities

0

Group Payables

0

Miscellaneous Liabilities

209.000

TOTAL CURRENT LIABILITIES

589.000

Bank Liabilities Due After 1 Year

0

Other Loans Or Finance Due After 1 Year

0

Group Payables After 1 Year

0

Miscellaneous Liabilities Due After 1 Year

0

TOTAL LONG TERM LIABILITIES

0

TOTAL LIABILITIES

589.000

Called Up Share Capital

100.000

Share Premium

0

Revenue Reserves

-1.270.000

Other Reserves

1.345.000

TOTAL SHAREHOLDERS EQUITY

175.000

 

Other Financials

Contingent Liabilities

1.345.000

Working Capital

-36.000

Net Worth

175.000

 

Ratios

Pre-Tax Profit Margin

-76.18 %

Return On Capital Employed

-93.87 %

Return On Total Assets Employed

-166.23 %

Return On Net Assets Employed

-725.71 %

Sales/Net Working Capital

-46.31

Stock Turnover Ratio

4.50 %

Debtor Days

89.77

Creditor Days

83.20

Current Ratio

0.94

Liquidity Ratio/Acid Test

0.81

Current Debt Ratio

3.37

Gearing

 

Equity In Percentage

22.94 %

Total Debt Ratio

3.37

 

 

 

Credit Score

FOREIGN EXCHANGE RATES

 

Na

 

ADDITIONAL INFORMATION

 

Activities

Activity Code

Activity Description

46440

Wholesale of china and glassware and cleaning materials

Main Address

Address

Country

Sjöviksvägen 2, 23162 TRELLEBORG

SWEDEN

Telephone

0410-13000

Other Address

Trading Address

Country

Morsaregatan 16, 254 66 Helsingborg.

Sweden

 

Email Addresses

No information for this company.

 

Web Pages

No information for this company.

Share Capital Structure

Directors/Managers

Resignation Date

04/07/2011

04/07/2011

19/03/2010

19/03/2010

Employee Information

Year

Number of Employees

2010

5

 

 

Advisors

Auditor Name

Jenny Anna-Maria Åberg

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

46440

Activity Description

Wholesale of china and glassware and cleaning materials

Event Date

Event Description

24/01/2012

Phone number, changed

31/08/2011

Limit, increase

31/08/2011

Annual account, new

12/08/2011

Annual report (PDF), new

05/07/2011

Company representatives, changed

05/07/2011

Authorised signatory, changed

05/07/2011

Board, changed

20/03/2010

Company representatives, changed

20/03/2010

Place of residence, changed

20/03/2010

Address, changed

20/03/2010

Company business activity, changed

20/03/2010

Board, changed

20/03/2010

Authorised signatory, changed

20/03/2010

Company name, changed (old name: Aktiebolaget Grundstenen 127420)

19/03/2010

Company tax, changed

19/03/2010

Employment tax, changed

19/03/2010

VAT, changed

24/11/2009

Authorised signatory, changed

24/11/2009

Board, changed

24/11/2009

Company representatives, changed

24/11/2009

Company business activity, changed

Negative 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

-

 

 

 

NOTES & COMMENTS

 

Na


 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.08

UK Pound

1

Rs.77.80

Euro

1

Rs.65.17

 

 

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.