|
Report Date : |
23.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
IDBI AB |
|
|
|
|
Registered Office : |
Garnisonsgatan 52, 25466 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
02.07.2007 |
|
|
|
|
Com. Reg. No.: |
5567332258 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of textiles |
|
|
|
|
No. of Employees : |
6 |
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 |
|
Business Name |
Idbi AB |
|
|
Country |
SWEDEN |
|
|
Company Registration Number |
5567332258 |
|
|
Main Activity |
Wholesale of textiles |
|
|
Activity Code |
46410 |
|
|
Company Status |
Active |
|
|
Latest Turnover Figure |
14.721.000 SEK |
|
|
Latest Shareholder Equity Figure |
815.000 SEK |
|
|
Basic
Information |
||
|
Business Name |
Idbi AB |
|
|
Registered Company Name |
Idbi AB |
|
|
Company Registration Number |
5567332258 |
|
|
Country |
SWEDEN |
|
|
VAT Registration Number |
SE556733225801 |
|
|
Date of Company Registration |
02/07/2007 |
|
|
Legal Form |
Limited liability company |
|
|
Company Status |
Active |
|
|
Currency of this Report |
SEK |
|
|
Principal Activity Description |
Bolaget ska bedriva grossistverksamhet inom konfektion samt därmed
förenlig verksamhet. |
|
|
Contact Address |
25466 HELSINGBORG |
|
|
Contact Telephone Number |
042-123410 |
|
|
Main Address |
||
|
Address |
Country |
Telephone |
|
Garnisonsgatan 52, 25466 HELSINGBORG |
SWEDEN |
042-123410 |
|
Other Address |
|
|
Address |
Country |
|
No other addresses for this company. |
|
|
Email Addresses |
|
info@monrow.se |
|
Web Pages |
|
www.monrow.se |
|
Current Directors |
||||||
|
Name |
Appointment Date |
Position |
|
|||
|
Carl Johan Martin Fredborg |
29/08/2007 |
Actual Member of Board |
|
|||
|
Andreas Karl Erik Birkfeldt |
29/08/2007 |
Actual Member of Board |
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|||
|
Gun Anne-Marie Kryger |
29/08/2007 |
Actual Member of Board |
|
|||
|
Rolf Thomas Grankvist |
02/09/2009 |
Actual Member of Board |
|
|||
|
Previous Directors |
||||||
|
Name |
Appointment Date |
Position |
Resignation Date |
|||
|
Bo Torsten Nilsson |
02/07/2007 |
Actual Member of Board |
29/08/2007 |
|||
|
Marie Helén Charlotte Wiberg |
02/07/2007 |
Actual Member of Board |
29/08/2007 |
|||
|
Bo Torsten Patrik Nilsson |
02/07/2007 |
Substitute |
29/08/2007 |
|||
Na
|
Issued Share Capital |
100.000 SEK |
|
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 |
- |
|
No group structure for this company. |
|
Profit and Loss |
|||||||||||||
|
Financial Year |
2011 |
2010 |
2009 |
||||||||||
|
Number of Weeks |
52 |
52 |
52 |
||||||||||
|
Currency |
SEK |
SEK |
SEK |
||||||||||
|
Conslotidated Accounts |
N |
N |
N |
||||||||||
|
Revenue |
14.724.000 |
13.225.000 |
11.049.000 |
||||||||||
|
Operating Costs |
14.690.000 |
12.928.000 |
10.885.000 |
||||||||||
|
Operating Profit |
34.000 |
297.000 |
164.000 |
||||||||||
|
Wages & Salaries |
-2.917.000 |
-2.701.000 |
-2.146.000 |
||||||||||
|
Depreciation |
-151.000 |
-144.000 |
-115.000 |
||||||||||
|
Financial Income |
10.000 |
5.000 |
12.000 |
||||||||||
|
Financial Expenses |
-92.000 |
-90.000 |
-171.000 |
||||||||||
|
Extraordinary Income |
- |
- |
- |
||||||||||
|
Extraordinary Costs |
-92.000 |
-90.000 |
-171.000 |
||||||||||
|
Profit before Tax |
-48.000 |
212.000 |
4.000 |
||||||||||
|
Tax |
-30.000 |
-46.000 |
- |
||||||||||
|
Profit after Tax |
-48.000 |
212.000 |
4.000 |
||||||||||
|
Minority Interests |
- |
- |
- |
||||||||||
|
Other Appropriations |
57.000 |
-57.000 |
600.000 |
||||||||||
|
Retained Profit |
-20.000 |
109.000 |
4.000 |
||||||||||
|
Balance Sheet |
|
||||||||||||
|
Financial Year |
2011 |
2010 |
2009 |
|
|||||||||
|
Number of Weeks |
52 |
52 |
52 |
|
|||||||||
|
Currency |
SEK |
SEK |
SEK |
|
|||||||||
|
Consolidated Accounts |
N |
N |
N |
|
|||||||||
|
Land & Buildings |
0 |
0 |
0 |
|
|||||||||
|
Plant & Machinery |
0 |
0 |
0 |
|
|||||||||
|
Other Tangible Assets |
123.000 |
123.000 |
181.000 |
|
|||||||||
|
Total Tangible Assets |
123.000 |
123.000 |
181.000 |
|
|||||||||
|
Goodwill |
0 |
0 |
0 |
|
|||||||||
|
Other Intangible Assets |
174.000 |
260.000 |
346.000 |
|
|||||||||
|
Total Intangible Assets |
174.000 |
260.000 |
346.000 |
|
|||||||||
|
Loans To Group |
0 |
0 |
0 |
|
|||||||||
|
Other Loans |
0 |
0 |
0 |
|
|||||||||
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Miscellaneous Fixed Assets |
0 |
0 |
0 |
|
|||||||||
|
Total Other Fixed Assets |
0 |
0 |
0 |
|
|||||||||
|
TOTAL FIXED ASSETS |
296.000 |
383.000 |
527.000 |
|
|||||||||
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Work In Progress |
0 |
0 |
0 |
|
|||||||||
|
Other Inventories |
616.000 |
808.000 |
558.000 |
|
|||||||||
|
Total Inventories |
616.000 |
808.000 |
558.000 |
|
|||||||||
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Trade Receivables |
478.000 |
1.366.000 |
1.426.000 |
|
|||||||||
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Group Receivables |
0 |
0 |
0 |
|
|||||||||
|
Miscellaneous Receivables |
169.000 |
156.000 |
435.000 |
|
|||||||||
|
Total Receivables |
647.000 |
1.522.000 |
1.861.000 |
|
|||||||||
|
Cash |
454.000 |
266.000 |
54.000 |
|
|||||||||
|
Other Current Assets |
0 |
0 |
0 |
|
|||||||||
|
TOTAL CURRENT ASSETS |
1.717.000 |
2.596.000 |
2.472.000 |
|
|||||||||
|
TOTAL ASSETS |
2.013.000 |
2.979.000 |
2.999.000 |
|
|||||||||
|
Trade Payables |
152.000 |
138.000 |
313.000 |
|
|||||||||
|
Bank Liabilities |
0 |
723.000 |
0 |
|
|||||||||
|
Group Payables |
0 |
0 |
0 |
|
|||||||||
|
Miscellaneous Liabilities |
770.000 |
1.064.000 |
1.798.000 |
|
|||||||||
|
TOTAL CURRENT LIABILITIES |
922.000 |
1.925.000 |
2.111.000 |
|
|||||||||
|
Bank Liabilities Due After 1 Year |
114.000 |
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 |
162.000 |
219.000 |
162.000 |
|
|||||||||
|
TOTAL LONG TERM LIABILITIES |
276.000 |
219.000 |
162.000 |
|
|||||||||
|
TOTAL LIABILITIES |
1.198.000 |
2.144.000 |
2.273.000 |
|
|||||||||
|
Called Up Share Capital |
100.000 |
100.000 |
100.000 |
|
|||||||||
|
Share Premium |
0 |
0 |
0 |
|
|||||||||
|
Revenue Reserves |
715.000 |
735.000 |
26.000 |
|
|||||||||
|
Other Reserves |
0 |
0 |
600.000 |
|
|||||||||
|
TOTAL SHAREHOLDERS EQUITY |
815.000 |
835.000 |
726.000 |
|
|||||||||
|
Other Financials |
|
||||||||||||
|
Contingent Liabilities |
800.000 |
800.000 |
800.000 |
|
|||||||||
|
Working Capital |
795.000 |
671.000 |
361.000 |
|
|||||||||
|
Net Worth |
641.000 |
575.000 |
380.000 |
|
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|
Ratios |
|
||||||||||||
|
Pre-Tax Profit Margin |
-0.33 % |
1.60 % |
0.04 % |
|
|||||||||
|
Return On Capital Employed |
-1.64 % |
4.32 % |
0.08 % |
|
|||||||||
|
Return On Total Assets Employed |
-2.38 % |
7.12 % |
0.13 % |
|
|||||||||
|
Return On Net Assets Employed |
-5.89 % |
25.39 % |
0.55 % |
|
|||||||||
|
Sales/Net Working Capital |
18.52 |
19.71 |
30.61 |
|
|||||||||
|
Stock Turnover Ratio |
4.18 % |
6.11 % |
5.05 % |
|
|||||||||
|
Debtor Days |
11.85 |
37.70 |
47.11 |
|
|||||||||
|
Creditor Days |
3.77 |
3.81 |
10.34 |
|
|||||||||
|
Current Ratio |
1.86 |
1.35 |
1.17 |
|
|||||||||
|
Liquidity Ratio/Acid Test |
1.19 |
0.93 |
0.91 |
|
|||||||||
|
Current Debt Ratio |
1.13 |
2.31 |
2.91 |
|
|||||||||
|
Gearing |
33.87 % |
105.99 % |
22.31 % |
|
|||||||||
|
Equity In Percentage |
44.29 % |
30.71 % |
27.37 % |
|
|||||||||
|
Total Debt Ratio |
1.47 |
2.57 |
3.13 |
|
|||||||||
Na
|
Activities |
|||
|
Activity Code |
Activity Description |
||
|
46410 |
Wholesale of textiles |
||
|
Employee Information |
|||
|
Year |
Number of Employees |
||
|
2011 |
6 |
||
|
2010 |
5 |
||
|
2009 |
5 |
||
|
2008 |
5 |
||
|
Advisors |
|||
|
Auditor Name |
Claes Lennart Grundström |
||
|
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 |
46410 |
|
Activity Description |
Wholesale of textiles |
|
Event History |
|
|
Event Date |
Event Description |
|
08/06/2012 |
Limit, increase |
|
08/06/2012 |
Annual account, new |
|
09/05/2012 |
Annual report (PDF), new |
|
22/03/2012 |
Address, changed |
|
16/05/2011 |
Annual account, new |
|
16/05/2011 |
Limit, increase |
|
06/04/2011 |
Annual report (PDF), new |
|
29/03/2011 |
Fax number, removed |
|
30/03/2010 |
Annual report (PDF), new |
|
29/03/2010 |
Annual account, new |
|
29/03/2010 |
Limit, increase |
|
03/09/2009 |
Company representatives, changed |
|
03/09/2009 |
Authorised signatory, changed |
|
03/09/2009 |
Board, changed |
|
16/06/2009 |
Annual account, new |
|
09/06/2009 |
Annual report (PDF), new |
|
11/03/2009 |
Address, changed |
|
16/12/2007 |
Address, changed |
|
30/10/2007 |
Employment tax, changed |
|
05/10/2007 |
Company tax, changed |
|
05/10/2007 |
VAT, changed |
|
05/10/2007 |
Employment tax, changed |
|
15/09/2007 |
Address, changed |
|
30/08/2007 |
Company business activity, changed |
|
30/08/2007 |
Place of residence, changed |
|
30/08/2007 |
Company representatives, changed |
|
30/08/2007 |
Authorised signatory, changed |
|
30/08/2007 |
Address, changed |
|
30/08/2007 |
Board, changed |
|
10/07/2007 |
Address, changed |
|
03/07/2007 |
Company representatives, changed |
|
03/07/2007 |
Company business activity, changed |
|
03/07/2007 |
Board, changed |
|
03/07/2007 |
Authorised signatory, changed |
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.99 |
|
|
1 |
Rs.88.97 |
|
Euro |
1 |
Rs.71.57 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.