|
Report Date : |
23.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
RAVENCRAFT AB |
|
|
|
|
Registered Office : |
Virkesgatan 5, 61431 Söderköping |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2010 |
|
|
|
|
Date of Incorporation : |
14.01.2008 |
|
|
|
|
Com. Reg. No.: |
5567490387 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Restaurants and mobile food service activities |
|
|
|
|
No. of Employees : |
4 |
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 : |
Poor |
|
Payment Behaviour : |
Unknown |
|
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 |
Ravencraft AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5567490387 |
|
Main Activity |
Restaurants and mobile food service activities |
|
Activity Code |
56100 |
|
Company Status |
Active |
|
Latest Turnover Figure |
2.465.000 SEK |
|
Latest Shareholder Equity Figure |
109.000 SEK |
|
Credit Rating |
30 (1 - 100) |
|
Rating Description |
Credit against collateral |
|
Basic Information |
|
|
Business Name |
Ravencraft AB |
|
Registered Company Name |
Ravencraft AB |
|
Company Registration Number |
5567490387 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556749038701 |
|
Date of Company Registration |
14/01/2008 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active |
|
Currency of this Report |
SEK |
|
Principal Activity Description |
Föremålet för bolagets verksamhet är
att tillverka och sälja varor med historisk karaktär, sömnad och försäljning
av historiska dräkter, sälja hantverksprodukter, importera och sälja tyger
och textilier, bedriva café och restaurangverksamhet, |
|
Contact Address |
61431 SÖDERKÖPING |
|
Contact Telephone Number |
0121-14254 |
|
Main Address |
||
|
Address |
Country |
Telephone |
|
Virkesgatan 5, 61431 SÖDERKÖPING |
SWEDEN |
0121-14254 |
|
Other Address |
|
|
Address |
Country |
|
No other addresses for this company. |
|
|
Email Addresses |
|
info@korps.se |
|
Web Pages |
|
www.korps.se |
|
Current Directors |
|||
|
Name |
Appointment Date |
Position |
|
|
Korp Wallman |
14/01/2008 |
Actual Member of Board |
|
|
Robert Gunnar Wallman |
14/01/2008 |
Substitute |
|
|
Advisors |
|
|
Auditor Name |
Johan Fredrik Thorell |
|
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 |
- |
|
Issued Share Capital |
100.000 SEK |
|
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 |
2010 |
2009 |
2008 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Conslotidated Accounts |
N |
N |
N |
|
Revenue |
2.485.000 |
2.328.000 |
2.086.000 |
|
Operating Costs |
2.704.000 |
2.280.000 |
2.069.000 |
|
Operating Profit |
-219.000 |
48.000 |
17.000 |
|
Wages & Salaries |
-711.000 |
-854.000 |
-601.000 |
|
Depreciation |
-4.000 |
-4.000 |
-20.000 |
|
Financial Income |
6.000 |
- |
1.000 |
|
Financial Expenses |
-53.000 |
-7.000 |
-16.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
-53.000 |
-7.000 |
-16.000 |
|
Profit before Tax |
-267.000 |
41.000 |
2.000 |
|
Tax |
- |
-16.000 |
-1.000 |
|
Profit after Tax |
-267.000 |
41.000 |
2.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
- |
- |
- |
|
Retained Profit |
-267.000 |
25.000 |
1.000 |
|
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 |
7.000 |
11.000 |
84.000 |
|
Total Tangible Assets |
7.000 |
11.000 |
84.000 |
|
Goodwill |
0 |
0 |
0 |
|
Other Intangible Assets |
0 |
0 |
0 |
|
Total Intangible Assets |
0 |
0 |
0 |
|
Loans To Group |
0 |
0 |
0 |
|
Other Loans |
0 |
0 |
0 |
|
Miscellaneous Fixed Assets |
0 |
0 |
0 |
|
Total Other Fixed Assets |
0 |
0 |
0 |
|
TOTAL FIXED ASSETS |
7.000 |
11.000 |
84.000 |
|
Work In Progress |
0 |
0 |
0 |
|
Other Inventories |
1.063.000 |
1.180.000 |
768.000 |
|
Total Inventories |
1.063.000 |
1.180.000 |
768.000 |
|
Trade Receivables |
77.000 |
48.000 |
6.000 |
|
Group Receivables |
0 |
0 |
0 |
|
Miscellaneous Receivables |
162.000 |
295.000 |
28.000 |
|
Total Receivables |
239.000 |
343.000 |
34.000 |
|
Cash |
3.000 |
49.000 |
42.000 |
|
Other Current Assets |
0 |
0 |
0 |
|
TOTAL CURRENT ASSETS |
1.305.000 |
1.573.000 |
844.000 |
|
TOTAL ASSETS |
1.312.000 |
1.583.000 |
929.000 |
|
Trade Payables |
345.000 |
374.000 |
306.000 |
|
Bank Liabilities |
5.000 |
57.000 |
0 |
|
Group Payables |
0 |
0 |
0 |
|
Miscellaneous Liabilities |
246.000 |
179.000 |
169.000 |
|
TOTAL CURRENT LIABILITIES |
596.000 |
610.000 |
475.000 |
|
Bank Liabilities Due After 1 Year |
9.000 |
5.000 |
61.000 |
|
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 |
598.000 |
843.000 |
291.000 |
|
TOTAL LONG TERM LIABILITIES |
607.000 |
848.000 |
352.000 |
|
TOTAL LIABILITIES |
1.203.000 |
1.457.000 |
828.000 |
|
Called Up Share Capital |
100.000 |
100.000 |
100.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
9.000 |
26.000 |
1.000 |
|
Other Reserves |
0 |
0 |
0 |
|
TOTAL SHAREHOLDERS EQUITY |
109.000 |
126.000 |
101.000 |
|
Other Financials |
|||
|
Contingent Liabilities |
250.000 |
0 |
0 |
|
Working Capital |
709.000 |
963.000 |
369.000 |
|
Net Worth |
109.000 |
126.000 |
101.000 |
|
Ratios |
|||
|
Pre-Tax Profit Margin |
-10.74 % |
1.76 % |
0.10 % |
|
Return On Capital Employed |
-13.99 % |
1.87 % |
0.14 % |
|
Return On Total Assets Employed |
-20.35 % |
2.59 % |
0.22 % |
|
Return On Net Assets Employed |
-244.95 % |
32.54 % |
1.98 % |
|
Sales/Net Working Capital |
3.50 |
2.42 |
5.65 |
|
Stock Turnover Ratio |
42.78 % |
50.69 % |
36.82 % |
|
Debtor Days |
11.31 |
7.53 |
1.05 |
|
Creditor Days |
50.67 |
58.64 |
53.54 |
|
Current Ratio |
2.19 |
2.58 |
1.78 |
|
Liquidity Ratio/Acid Test |
0.41 |
0.64 |
0.16 |
|
Current Debt Ratio |
5.47 |
4.84 |
4.70 |
|
Gearing |
561.47 % |
718.25 % |
348.51 % |
|
Equity In Percentage |
8.31 % |
7.95 % |
10.88 % |
|
Total Debt Ratio |
11.04 |
11.56 |
8.20 |
Na
|
Activities |
|
|
Activity Code |
Activity Description |
|
56100 |
Restaurants and mobile food service activities |
|
13921 |
Manufacture of curtains, bed linen and other linen goods |
|
46499 |
Wholesale of other household goods n.e.c. |
|
56210 |
Event catering activities |
|
85599 |
Various other education n.e.c. |
|
Employee Information |
|
|
Year |
Number of Employees |
|
2010 |
4 |
|
2009 |
4 |
|
2008 |
4 |
|
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 |
56100 |
|
Activity Description |
Restaurants and mobile food service activities |
|
Event History |
|
|
Event Date |
Event Description |
|
03/12/2011 |
Limit, decrease |
|
26/08/2011 |
Annual account, new |
|
26/08/2011 |
Limit, decrease |
|
02/08/2011 |
Annual report (PDF), new |
|
12/05/2011 |
Address, changed |
|
06/12/2010 |
Limit, increase |
|
23/06/2010 |
Annual account, new |
|
23/06/2010 |
Limit, increase |
|
10/06/2010 |
Annual report (PDF), new |
|
03/07/2009 |
Annual account, new |
|
24/06/2009 |
Annual report (PDF), new |
|
09/03/2008 |
Address, changed |
|
22/02/2008 |
Employment tax, changed |
|
22/02/2008 |
Company tax, changed |
|
22/02/2008 |
VAT, changed |
|
04/02/2008 |
Address, changed |
|
15/01/2008 |
Company business activity, changed |
|
15/01/2008 |
Authorised signatory, changed |
|
15/01/2008 |
Company representatives, changed |
|
15/01/2008 |
Board, changed |
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.93 |
|
|
1 |
Rs.88.14 |
|
Euro |
1 |
Rs.70.87 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.