|
Report Date : |
02.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
METSO MINERALS ( |
|
|
|
|
Registered Office : |
23122 Trelleborg |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
2010 |
|
|
|
|
Date of Incorporation : |
02.04.1982 |
|
|
|
|
Com. Reg. No.: |
5562165653 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of other rubber products |
|
|
|
|
No. of Employees : |
786 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
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 |
Company Summary
|
Business Name |
Metso Minerals
(Sweden) AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5562165653 |
|
Main Activity |
Manufacture of other rubber products |
|
Activity Code |
22190 |
|
Company Status |
Active |
Company Information
|
Basic Information |
|
|
Business Name |
Metso Minerals (Sweden) AB |
|
Registered Company Name |
Metso Minerals (Sweden) AB |
|
Company Registration Number |
5562165653 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556216565301 |
|
Date of Company Registration |
02/04/1982 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active |
|
Currency of this Report |
SEK |
|
Principal Activity Description |
Föremålet för bolagets
verksamhet är att idka gjuteri- och mekanisk verkstadsrörelse, bedriva
försäljning och service av utrustning för bearbetning av mineraler och andra
hårda material samt direkt eller indirekt, bedriva tillverkning, försäljning, (Object of the
company is to carry on the foundry and machine
shopoperations, conduct
sales and service of equipment for processing of
minerals and other
hard materials, directly or indirectly, engage
inthe manufacture, sale,) |
|
Contact Address |
23122 TRELLEBORG |
|
Contact Telephone Number |
0410-52500 |
|
Current Directors |
|||||
|
Name |
Appointment Date |
Position |
|||
|
Virkkunen, Eeva Liisa |
28/02/2008 |
Actual Member of Board |
|||
|
Ingegerd Ann Helen
Forsling |
29/10/2008 |
Actual Member of Board |
|||
|
Aminoff, Ebba Erica |
29/10/2008 |
Actual Member of Board |
|||
|
Previous Directors |
|||||
|
Name |
Appointment Date |
Position |
Resignation Date |
||
|
Dan Vladimir Dölling |
31/08/2007 |
Actual Member of Board |
29/10/2008 |
||
|
Höjer, Torvald Magnus
Erik |
20/06/2007 |
External CEO |
31/08/2007 |
||
|
Åsa Madeleine Wald |
28/02/2008 |
Actual Member of Board |
29/10/2008 |
||
|
Tord Eve Svensson |
05/11/2001 |
Actual Member of Board |
31/08/2007 |
||
|
Robert Urban Nylinder |
31/08/2007 |
Actual Member of Board |
28/02/2008 |
||
|
Ponsbach, Caroline Maud Christine |
31/08/2007 |
Actual Member of Board |
09/01/2008 |
||
|
Bengt Ingemar Gustafsson |
12/08/2002 |
Actual Member of Board |
31/08/2007 |
||
|
Alf Sixten Norberg |
27/01/2005 |
Actual Member of Board |
31/08/2007 |
||
|
Per Anders Rexare Thulin |
05/11/2001 |
Actual Member of Board |
31/08/2007 |
||
No negative information found
|
Issued Share Capital |
20.000.000 SEK |
|
|
Latest Shareholder Equity Figure |
162.824.000 SEK |
|
Na
|
Ultimate Holding Parent |
|||||
|
Ultimate Holding Company Name |
METSO MINERALS OY |
||||
|
Ultimate Holding Company Country |
FINLAND |
||||
|
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. |
|
|
|||
|
Profit and Loss |
|||
|
Financial Year |
2010 |
2009 |
2008 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
N |
N |
N |
|
Revenue |
2.273.790.000 |
712.808.000 |
771.691.000 |
|
Operating Costs |
2.069.012.000 |
719.209.000 |
757.891.000 |
|
Operating
Profit |
204.778.000 |
-6.401.000 |
13.800.000 |
|
Wages &
Salaries |
- |
- |
- |
|
Depreciation |
- |
- |
- |
|
Financial
Income |
865.000 |
887.000 |
215.000 |
|
Financial Expenses |
-22.365.000 |
-3.111.000 |
-7.911.000 |
|
Extraordinary
Income |
- |
- |
- |
|
Extraordinary
Costs |
-22.365.000 |
-3.111.000 |
-7.911.000 |
|
Profit before
Tax |
183.277.000 |
-8.625.000 |
6.104.000 |
|
Tax |
-41.622.000 |
3.354.000 |
-2.226.000 |
|
Profit after
Tax |
183.277.000 |
-8.625.000 |
6.104.000 |
|
Minority
Interests |
- |
- |
- |
|
Other
Appropriations |
12.777.000 |
-4.927.000 |
-2.942.000 |
|
Retained Profit |
154.432.000 |
-10.198.000 |
936.000 |
|
Balance
Sheet |
|||
|
Financial Year |
2010 |
2009 |
2008 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
N |
N |
N |
|
Land &
Buildings |
34.912.000 |
1.385.000 |
1.691.000 |
|
Plant &
Machinery |
72.975.000 |
0 |
0 |
|
Other Tangible
Assets |
11.598.000 |
7.613.000 |
10.057.000 |
|
Total Tangible
Assets |
119.485.000 |
8.998.000 |
11.748.000 |
|
Goodwill |
22.879.000 |
30.133.000 |
32.015.000 |
|
Other
Intangible Assets |
0 |
798.000 |
798.000 |
|
Total
Intangible Assets |
22.879.000 |
30.931.000 |
32.813.000 |
|
Loans To Group |
0 |
0 |
0 |
|
Other Loans |
0 |
0 |
0 |
|
Miscellaneous
Fixed Assets |
120.543.000 |
961.000 |
25.000 |
|
Total Other
Fixed Assets |
120.543.000 |
961.000 |
25.000 |
|
TOTAL FIXED
ASSETS |
262.907.000 |
40.890.000 |
44.586.000 |
|
Work In
Progress |
0 |
0 |
0 |
|
Other
Inventories |
412.621.000 |
58.737.000 |
76.121.000 |
|
Total
Inventories |
412.621.000 |
58.737.000 |
76.121.000 |
|
Trade
Receivables |
213.969.000 |
111.953.000 |
142.872.000 |
|
Group
Receivables |
262.921.000 |
38.153.000 |
0 |
|
Miscellaneous
Receivables |
96.070.000 |
111.617.000 |
51.856.000 |
|
Total
Receivables |
572.960.000 |
261.723.000 |
194.728.000 |
|
Cash |
19.220.000 |
21.000 |
31.000 |
|
Other Current
Assets |
0 |
0 |
0 |
|
TOTAL CURRENT
ASSETS |
1.004.801.000 |
320.481.000 |
270.880.000 |
|
TOTAL ASSETS |
1.267.708.000 |
361.371.000 |
315.466.000 |
|
Trade Payables |
135.577.000 |
18.816.000 |
13.001.000 |
|
Bank
Liabilities |
185.000 |
0 |
0 |
|
Group Payables |
367.790.000 |
246.782.000 |
209.123.000 |
|
Miscellaneous
Liabilities |
427.559.000 |
66.905.000 |
45.777.000 |
|
TOTAL CURRENT LIABILITIES |
931.111.000 |
332.503.000 |
267.901.000 |
|
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 |
173.773.000 |
26.464.000 |
22.429.000 |
|
TOTAL LONG TERM
LIABILITIES |
173.773.000 |
26.464.000 |
41.929.000 |
|
TOTAL
LIABILITIES |
1.104.884.000 |
358.967.000 |
309.830.000 |
|
Called Up Share
Capital |
20.000.000 |
400.000 |
400.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue
Reserves |
308.422.000 |
-5.042.000 |
10.880.000 |
|
Other Reserves |
-165.598.000 |
7.046.000 |
-5.644.000 |
|
TOTAL
SHAREHOLDERS EQUITY |
162.824.000 |
2.404.000 |
5.636.000 |
|
Other Financials |
|||
|
Contingent
Liabilities |
41.203.000 |
30.907.000 |
26.783.000 |
|
Working Capital |
73.690.000 |
-12.022.000 |
2.979.000 |
|
Net Worth |
139.945.000 |
-28.527.000 |
-27.177.000 |
|
Ratios |
|||
|
Pre-Tax Profit
Margin |
8.06 % |
-1.21 % |
0.79 % |
|
Return On
Capital Employed |
8.34 % |
-1.24 % |
1.05 % |
|
Return On Total
Assets Employed |
14.46 % |
-2.39 % |
1.93 % |
|
Return On Net
Assets Employed |
112.56 % |
-358.78 % |
108.30 % |
|
Sales/Net
Working Capital |
30.86 |
-59.29 |
259.04 |
|
Stock Turnover
Ratio |
18.15 % |
8.24 % |
9.86 % |
|
Debtor Days |
34.35 |
57.33 |
67.58 |
|
Creditor Days |
21.76 |
9.63 |
6.15 |
|
Current Ratio |
1.08 |
0.96 |
1.01 |
|
Liquidity
Ratio/Acid Test |
0.64 |
0.79 |
0.73 |
|
Current Debt
Ratio |
5.72 |
138.31 |
47.53 |
|
Gearing |
0.11 % |
|
345.99 % |
|
Equity In
Percentage |
14.48 % |
0.73 % |
1.99 % |
|
Total Debt
Ratio |
6.79 |
149.32 |
54.97 |
Na
|
Activity Code |
Activity
Description |
|
22190 |
Manufacture of other rubber products |
|
28920 |
Manufacture of machinery for mining,
quarrying and construction |
|
33120 |
Repair of machinery |
|
46699 |
Wholesale of other machinery and equipment
n.e.c. |
|
28130 |
Manufacture of other pumps and compressors |
|
Main Address |
||
|
Address |
Country |
Telephone |
|
Box 132, 23122 TRELLEBORG |
SWEDEN |
0410-52500 |
|
Other Address |
|
|
Address |
Country |
|
Bryggerigatan 5, BJUV 26739 |
SWEDEN |
|
Fibervägen
5, MÖLNLYCKE 43533 |
SWEDEN |
|
Kallaxvägen
192, LULEÅ 97595 |
SWEDEN |
|
Kvällsvindsgatan
3, KARLSTAD 65221 |
SWEDEN |
|
Linbanevägen
9, KIRUNA 98141 |
SWEDEN |
|
Fabriksvägen
1-3, ERSMARK 93441 |
SWEDEN |
|
Bilvägen
4, GÄLLIVARE 98238 |
SWEDEN |
|
Dillnersväg
2, GRÄNGESBERG 77240 |
SWEDEN |
|
Laestadiusvägen
23, PAJALA 98431 |
SWEDEN |
|
Energiplan
2, GÄLLIVARE 98238 |
SWEDEN |
|
Skruvgatan
2, JÖNKÖPING 55302 |
SWEDEN |
|
Stålgatan
15A, ROSERSBERG 19572 |
SWEDEN |
|
Norrängsgatan
2, SALA 73338 |
SWEDEN |
|
Email Addresses |
|
No information for this company. |
|
Web Pages |
|
No information for this company. |
|
Employee Information |
|
|
Year |
Number of Employees |
|
2010 |
786 |
|
2009 |
228 |
|
2008 |
267 |
|
2007 |
72 |
|
2006 |
73 |
Advisors |
|
|
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. |
|
|
|
Event History |
|
|
Event Date |
Event Description |
|
25/04/2012 |
Board, changed |
|
22/12/2011 |
Board, changed |
|
14/09/2011 |
Annual account, new |
|
06/09/2011 |
Certificate, deregistered |
|
04/08/2011 |
Annual report (PDF), new |
|
08/06/2011 |
Board, changed |
|
08/06/2011 |
Company representatives, changed |
|
08/06/2011 |
Authorised signatory, changed |
|
13/04/2011 |
Certificate, registered |
|
29/03/2011 |
Fax number, new |
|
29/03/2011 |
Phone number, changed |
|
18/01/2011 |
Board, changed |
|
03/12/2010 |
Share capital, new issue |
|
03/12/2010 |
Place of residence, changed |
|
13/11/2010 |
Company business activity, changed |
|
16/10/2010 |
Fax number, removed |
|
13/10/2010 |
Company representatives, changed |
|
13/10/2010 |
Authorised signatory, changed |
|
13/10/2010 |
Board, changed |
|
02/10/2010 |
Merge information, changed |
|
02/10/2010 |
Status, changed |
|
17/09/2010 |
Merge information, changed |
|
05/08/2010 |
Annual account, new |
|
26/07/2010 |
Annual report (PDF), new |
|
10/07/2010 |
Merge information, changed |
|
10/07/2010 |
Status, changed |
|
08/10/2009 |
Board, changed |
|
08/10/2009 |
Company representatives, changed |
|
10/08/2009 |
Annual account, new |
|
10/08/2009 |
Limit, increase |
|
30/07/2009 |
Annual report (PDF), new |
|
30/10/2008 |
Board, changed |
|
30/10/2008 |
Company representatives, changed |
|
30/10/2008 |
Authorised signatory, changed |
|
26/09/2008 |
Address, changed |
|
20/08/2008 |
Board, changed |
|
20/08/2008 |
Company representatives, changed |
|
20/08/2008 |
Authorised signatory, changed |
|
05/08/2008 |
Annual account, new |
|
31/07/2008 |
Annual report (PDF), new |
|
29/02/2008 |
Board, changed |
|
29/02/2008 |
Company representatives, changed |
|
29/02/2008 |
Authorised signatory, changed |
|
10/01/2008 |
Authorised signatory, changed |
|
10/01/2008 |
Address, changed |
|
10/01/2008 |
Company representatives, changed |
|
10/01/2008 |
Board, changed |
|
03/01/2008 |
Merge information, changed |
|
30/10/2007 |
Annual account, new |
|
03/09/2007 |
Board, changed |
|
03/09/2007 |
Authorised signatory, changed |
|
03/09/2007 |
Company representatives, changed |
|
22/08/2007 |
Merge information, changed |
|
28/06/2007 |
Merge information, changed |
|
21/06/2007 |
Company representatives, changed |
|
21/06/2007 |
Authorised signatory, changed |
|
21/06/2007 |
Board, changed |
|
26/05/2007 |
Address, changed |
|
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 |
2 |
|
Number of
private claims |
5 |
|
Number of
applications for an order to pay |
6 |
|
Number of
reclaimed/revoked applications |
8 |
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.68 |
|
UK Pound |
1 |
Rs.85.12 |
|
Euro |
1 |
Rs.69.38 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.