MIRA INFORM REPORT

 

 

Report Date :

27.06.2012

 

IDENTIFICATION DETAILS

 

Name :

SILVER WEIBULL SWEDEN AKTIEBOLAG

 

 

Registered Office :

Industrigatan 15, 28143 Hässleholm

 

 

Country :

Sweden

 

 

Financials (as on) :

2010

 

 

Date of Incorporation :

09.12.1998

 

 

Com. Reg. No.:

5565615225

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of other machinery and equipment

 

 

No. of Employees :

19

 

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 :

Good

Payment Behaviour :

Regular

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


REGISTERED NAME & COMPANY SUMMARY

 

Company Summary

Business Name

Silver Weibull Sweden Aktiebolag

Country

SWEDEN

Company Registration Number

5565615225

Main Activity

Wholesale of other machinery and equipment n.e.c.

Activity Code

46699

Company Status

Active

Latest Turnover Figure

68.526.000 SEK

Latest Shareholder Equity Figure

19.006.000 SEK

 

Basic Information

Business Name

Silver Weibull Sweden Aktiebolag

Registered Company Name

Silver Weibull Sweden Aktiebolag

Company Registration Number

5565615225

Country

SWEDEN

VAT Registration Number

SE556561522501

Date of Company Registration

09/12/1998

Legal Form

Limited liability company

Company Status

Active

Currency of this Report

SEK

Principal Activity Description

The company will engage in manufacturing, assembly and sale of process equipment and associated activities.

Contact Address

28143 HÄSSLEHOLM

Contact Telephone Number

0451-384800

 Company Information

 

 

DIRECTORS/MANAGEMENT

 

Current Directors

Name

Appointment Date

Position

 

Gert Conny Hejman

01/11/2003

Actual Member of Board

 

Mats Ola Jonas Rolandsson

01/11/2003

Actual Member of Board

 

Börje Tommy Ekman

01/11/2003

Actual Member of Board

 

Mats Inge Roland Olsson

01/11/2003

Actual Member of Board

 

 

Previous Directors

Name

Appointment Date

Position

Resignation Date

Börje Tommy Ekman

01/11/2003

Chairman of Board

05/07/2010

Group Structure

 

 

NEGATIVE INFORMATION

 

No negative information found.

 

SHARE & SHARE CAPITAL INFORMATION

 

Latest Shareholder Equity Figure

19.006.000 SEK

 

Issued Share Capital

500.000 SEK

 

PAYMENT INFORMATION

 

N/a

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Ultimate Holding Parent

No information for this company.

 

Immediate Holding Parent

No information for this company.

 

Subsidary Companies

Subsidiary Name

Country

Number

SILVER WEIBULL DO BRASIL MÅQUINAS E SERVICOS DE

BRAZIL

 

Silver Weibull Production AB

SWEDEN

5567908537

 

Affiliates

Affiliate Name

Country

Number

No affiliates for this company.

 

 

Other Information

 

 

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

69.542.000

70.855.000

59.667.000

Operating Costs

64.128.000

65.890.000

47.315.000

Operating Profit

5.414.000

4.965.000

12.352.000

Wages & Salaries

-

-

-

Depreciation

-

-

-

Financial Income

481.000

27.000

305.000

Financial Expenses

-351.000

-117.000

-199.000

Extraordinary Income

-

-

-

Extraordinary Costs

-351.000

-117.000

-199.000

Profit before Tax

5.544.000

4.875.000

12.458.000

Tax

-1.268.000

-1.141.000

-2.800.000

Profit after Tax

5.544.000

4.875.000

12.458.000

Minority Interests

-

-

-

Other Appropriations

-977.000

-775.000

-2.700.000

Retained Profit

3.299.000

2.959.000

6.958.000

 

 

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

0

0

0

Other Tangible Assets

774.000

851.000

986.000

Total Tangible Assets

774.000

851.000

986.000

Goodwill

0

0

0

Other Intangible Assets

0

0

0

Total Intangible Assets

0

0

0

Loans To Group

3.000.000

0

0

Other Loans

0

0

0

Miscellaneous Fixed Assets

1.755.000

1.755.000

155.000

Total Other Fixed Assets

4.755.000

1.755.000

155.000

TOTAL FIXED ASSETS

5.529.000

2.606.000

1.141.000

Work In Progress

0

0

0

Other Inventories

24.998.000

23.795.000

27.039.000

Total Inventories

24.998.000

23.795.000

27.039.000

Trade Receivables

14.408.000

23.997.000

15.307.000

Group Receivables

10.505.000

4.403.000

1.044.000

Miscellaneous Receivables

2.765.000

3.600.000

1.952.000

Total Receivables

27.678.000

32.000.000

18.303.000

Cash

7.010.000

1.959.000

4.634.000

Other Current Assets

0

0

0

TOTAL CURRENT ASSETS

59.686.000

57.754.000

49.976.000

TOTAL ASSETS

65.215.000

60.360.000

51.117.000

Trade Payables

9.840.000

3.759.000

3.946.000

Bank Liabilities

9.159.000

8.005.000

2.214.000

Group Payables

0

0

0

Miscellaneous Liabilities

14.943.000

18.276.000

15.678.000

TOTAL CURRENT LIABILITIES

33.942.000

30.040.000

21.838.000

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

12.267.000

10.749.000

10.667.000

TOTAL LONG TERM LIABILITIES

12.267.000

10.749.000

10.667.000

TOTAL LIABILITIES

46.209.000

40.789.000

32.505.000

Called Up Share Capital

500.000

500.000

500.000

Share Premium

0

0

0

Revenue Reserves

18.406.000

18.971.000

18.012.000

Other Reserves

100.000

100.000

100.000

TOTAL SHAREHOLDERS EQUITY

19.006.000

19.571.000

18.612.000

 

Other Financials

Contingent Liabilities

9.456.000

6.395.000

3.995.000

Working Capital

25.744.000

27.714.000

28.138.000

Net Worth

19.006.000

19.571.000

18.612.000

 

 

Ratios

Pre-Tax Profit Margin

7.97 %

6.88 %

20.88 %

Return On Capital Employed

5.59 %

5.39 %

17.08 %

Return On Total Assets Employed

8.50 %

8.08 %

24.37 %

Return On Net Assets Employed

29.17 %

24.91 %

66.94 %

Sales/Net Working Capital

2.70

2.56

2.12

Stock Turnover Ratio

35.95 %

33.58 %

45.32 %

Debtor Days

75.62

123.62

93.64

Creditor Days

51.65

19.36

24.14

Current Ratio

1.76

1.92

2.29

Liquidity Ratio/Acid Test

1.02

1.13

1.05

Current Debt Ratio

1.79

1.53

1.17

Gearing

48.19 %

40.90 %

11.90 %

Equity In Percentage

31.44 %

33.39 %

36.52 %

Total Debt Ratio

2.43

2.08

1.75

 

 

FOREIGN EXCHANGE RATES

 

N/a

 

ADDITIONAL INFORMATION

 

Activities

Activity Code

Activity Description

46699

Wholesale of other machinery and equipment n.e.c.

 

Main Address

Address

Country

Telephone

Industrigatan 15, 28143 HÄSSLEHOLM

SWEDEN

0451-384800

 

Other Address

Address

Country

No other addresses for this company.

 

 

Email Addresses

No information for this company.

 

Web Pages

www.silver-weibull.se

 

 

Employee Information

Year

Number of Employees

2010

19

2009

15

2008

15

2007

13

2006

13

 

Advisors

Auditor Name

Jan Inge Roger Andersson

Auditor Name

Ulf Johan Carlström

Additional Information

Share Capital Structure

 

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

46699

Activity Description

Wholesale of other machinery and equipment n.e.c.

 

Event History

Event Date

Event Description

22/05/2012

Board, changed

03/11/2011

Board, changed

12/08/2011

Limit, decrease

12/08/2011

Annual account, new

12/08/2011

Group annual accout, new

28/07/2011

Annual report (PDF), new

08/06/2011

Certificate, registered

29/03/2011

Fax number, removed

26/08/2010

Annual account, new

26/08/2010

Limit, increase

10/08/2010

Annual report (PDF), new

06/07/2010

Company representatives, changed

06/07/2010

Authorised signatory, changed

06/07/2010

Board, changed

02/07/2010

Authorised signatory, changed

02/07/2010

Company representatives, changed

02/07/2010

Board, changed

29/01/2010

Authorised signatory, changed

28/07/2009

Limit, decrease

27/07/2009

Annual account, new

14/07/2009

Annual report (PDF), new

05/08/2008

Annual account, new

30/07/2008

Annual report (PDF), new

29/08/2007

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

-

 

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

-

 

 

 

NOTES & COMMENTS

 

N/a

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.57.07

UK Pound

1

Rs.88.96

Euro

1

Rs.71.40

 

 

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.