MIRA INFORM REPORT

 

 

Report Date :

11.06.2012

 

IDENTIFICATION DETAILS

 

Name :

SWEBOR STAL SVENSKA AB

 

 

Registered Office :

Foreningsgatan 9 Luleå, 97436

 

 

Country :

Sweden

 

 

Financials (as on) :

30.06.2011

 

 

Year of Establishment :

2009

 

 

Com. Reg. No.:

5568000664

 

 

Legal Form :

Private Subsidiary

 

 

Line of Business :

Electroplating, plating, anodizing, coloring, buffing, polishing, cleaning, and sandblasting metals and metal products for the trade.

 

 

No. of Employees :

16

 

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

 

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 name and address

 

Top of Form

Bottom of Form

Swebor Stal Svenska AB                       

 

 

Foreningsgatan 9

 

 

Luleå, 97436

Sweden

 

Tel:

+46 920 891 30

 

 

 

Employees:

16

Company Type:

Private Subsidiary

Corporate Family:

2 Companies

Ultimate Parent:

Swebor Trading AB

 

 

Incorporation Date:

2009

Financials in:

USD (mil)

 

 

Fiscal Year End:

30-Jun-2011

Reporting Currency:

Swedish Krona

Annual Sales:

19.9

Net Income:

1.3

Total Assets:

7.2

                                         

Business Description          

 

Swebor Stål Svenska AB is primarily engaged in electroplating, plating, anodizing, coloring, buffing, polishing, cleaning, and sandblasting metals and metal products for the trade.

          

Industry                                                                                                                                

 

Industry

Miscellaneous Fabricated Products

ANZSIC 2006:

2293 - Metal Coating and Finishing

NACE 2002:

2851 - Treatment and coating of metals

NAICS 2002:

332813 - Electroplating, Plating, Polishing, Anodizing and Coloring

UK SIC 2003:

2851 - Treatment and coating of metals

US SIC 1987:

3471 - Electroplating, Plating, Polishing, Anodizing, and Coloring

                      

Key Executives           

   

 

Name

Title

Hans Roger Bergman

verkst dir, ledamot

1 - Profit & Loss Item Exchange Rate: USD 1 = SEK 6.707168
2 - Balance Sheet Item Exchange Rate: USD 1 = SEK 6.31005


Corporate Overview

 

Location
Föreningsgatan 9
Luleå, 97436
Sweden

 

Tel:

+46 920 891 30

 

Suggest Company URL

 

Sales SEK(mil):

133.3

Assets SEK(mil):

45.6

Employees:

16

Fiscal Year End:

30-Jun-2011

 

Industry:

Miscellaneous Fabricated Products

Incorporation Date:

2009

Company Type:

Private Subsidiary

Quoted Status:

Not Quoted

Registered No.(SWE):

5568000664

 

verkst dir, ledamot:

Hans Roger Bergman

Contents

Industry Codes

Business Description

Financial Data

Industry Codes

 

ANZSIC 2006 Codes:

2293

-

Metal Coating and Finishing

 

NACE 2002 Codes:

285

-

Treatment and coating of metals; general mechanical engineering

2851

-

Treatment and coating of metals

 

NAICS 2002 Codes:

332813

-

Electroplating, Plating, Polishing, Anodizing and Coloring

332812

-

Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers

33281

-

Coating, Engraving, Heat Treating, and Allied Activities

3328

-

Coating, Engraving, Heat Treating, and Allied Activities

332811

-

Metal Heat Treating

 

US SIC 1987:

3479

-

Coating, Engraving, and Allied Services, Not Elsewhere Classified

347

-

Coating, Engraving, and Allied Services

3471

-

Electroplating, Plating, Polishing, Anodizing, and Coloring

3398

-

Metal Heat Treating

 

UK SIC 2003:

2851

-

Treatment and coating of metals

285

-

Treatment and coating of metals; general mechanical engineering

 

 

Business Description

Swebor Stål Svenska AB is primarily engaged in electroplating, plating, anodizing, coloring, buffing, polishing, cleaning, and sandblasting metals and metal products for the trade.

 

 

 

 

 

 

 

 

Financial Data

 

Financials in:

SEK(mil)

 

Revenue:

133.3

Net Income:

8.9

Assets:

45.6

Total Liabilities:

30.1

 

 

 

Date of Financial Data:

30-Jun-2011

 

1 Year Growth

NA

NA

NA

 

Corporate Structure News

 

Swebor Stål Svenska AB
Total Corporate Family Members: 2

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Swebor Trading AB

Parent

 

 

 

 

 

Swebor Stål Svenska AB

Subsidiary

Luleå, Norrbotten

Sweden

Miscellaneous Fabricated Products

19.9

16

 

 

 

 

Executives Report

 

 

Board of Directors

 

Name

Title

Function

Hans Roger Bergman

 

verkst dir, ledamot

Director/Board Member

 

Executives

 

Name

Title

Function

Hans Roger Bergman

 

verkst dir, ledamot

Managing Director

 

 Annual Profit & Loss

 

 

 

 

 

30-Jun-2011

Period Length

17 Months

Filed Currency

SEK

Exchange Rate (Period Average)

6.707168

Consolidated

No

 

 

Total Revenue

19.9

Gross Profit

3.3

Net Financial Items

-0.1

Operating Income

2.9

Income Before Tax

1.8

Net Income

1.3

 

 

 

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

30-Jun-2011

Filed Currency

SEK

Exchange Rate

6.31005

Consolidated

No

 

 

Total Assets

7.2

Provisions

1.0

Total Liabilities

4.8

Total Equity

1.4

 

 

 

Annual Ratios

 

 

 

 

30-Jun-2011

Period Length

17 Months

Filed Currency

-

Exchange Rate

-

Consolidated

No

 

 

Operating Margin

14.74

Current Ratio

169.98

Total debt/total equity

29.99

Return on average equity

96.37

 

 

 Bottom of Form

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.36

UK Pound

1

Rs.85.64

Euro

1

Rs.69.21

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.