MIRA INFORM REPORT

 

 

Report Date :

13.10.2012

 

IDENTIFICATION DETAILS

 

Name :

STORA ENSO PUBLICATION PAPERS OY LTD

 

 

Formerly Known As :

Enso Publication Papers Oy Ltd 

 

 

Registered Office :

Kanavaranta 1, 00160, Helsinki

 

 

Country :

Finland

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

11.09.1991

 

 

Com. Reg. No.:

08562104

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Manufacturer of paper and paperboard

 

 

No. of Employees :

379 employees

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

Finland

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

fINLand - ECONOMIC OVERVIEW

 

Finland has a highly industrialized, largely free-market economy with per capita output roughly that of Austria, Belgium, the Netherlands, and Sweden. Trade is important with exports accounting for over one third of GDP in recent years. Finland is strongly competitive in manufacturing - principally the wood, metals, engineering, telecommunications, and electronics industries. Finland excels in high-tech exports such as mobile phones. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. Because of the climate, agricultural development is limited to maintaining self-sufficiency in basic products. Forestry, an important export earner, provides a secondary occupation for the rural population. Finland had been one of the best performing economies within the EU in recent years and its banks and financial markets avoided the worst of global financial crisis. However, the world slowdown hit exports and domestic demand hard in 2009, with Finland experiencing one of the deepest contractions in the euro zone. A recovery of exports, domestic trade, and household consumption stimulated economic growth in 2010. The recession left a deep mark on general government finances and the debt ratio, turning previously strong budget surpluses into deficits. In addition to marginal growth prospects, general government finances will remain in deficit during the next few years. The great challenge of economic policy will be to mitigate a possible recession in 2012 in which measures supporting growth will be combined with general government adjustment measures. Longer-term, Finland must address a rapidly aging population and decreasing productivity that threaten competitiveness, fiscal sustainability, and economic growth.

 

 

Source : CIA

 

 

 

 

REGISTERED NAME & COMPANY SUMMARY

 

Trading Name

Stora Enso Publication Papers Oy Ltd

Trade Registry Number

522386

Company Name

Stora Enso Publication Papers Oy Ltd

Business ID

08562104

Previous Name

Enso Publication Papers Oy Ltd 

 

 

Telephone Number

02046131

Registered Address

Kanavaranta 1, 00160, HELSINKI

Fax Number

0204621471

Visiting Address

Kanavaranta 1, 00160, HELSINKI

Home Municipality

Helsinki

Postal Address

PL 309, 00101, HELSINKI

Incorporation Date

11.09.1991

Branches

6  

Company Type

Limited company

Website Address

 

Primary Sic Code

17120

Accountant

Deloitte & Touche Oy

Primary Sic Description

Manufacture of paper and paperboard

Last Accounts Date

31.12.2011

Share Capital (€)

136.850.000

Holding Company

 

Deals in importing

Yes

Foreign Ownership

No

Deals in exporting

Yes

Currency

EUR

 

 

DIRECTORS/MANAGEMENT

 

Current Directors

Name

Puittinen Hanna Katriina

 

 

Date of Birth

17.09.1971

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Actual Member of Board

 

Name

Rämö Arto Heikki Juhani

 

 

Date of Birth

04.09.1967

Appointment Date

06.05.2008

Nationality

FINLAND

Function

Managing director

 

Name

Rämö Arto Heikki Juhani

 

 

Date of Birth

04.09.1967

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Actual Member of Board

 

Name

Alm Jarmo Pertti

 

 

Date of Birth

31.10.1953

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Chairman of Board

 

Other Company Officials

Name

Pesonen Airi Helena

 

 

Date of Birth

18.09.1959

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

Name

Bergqvist Leena Anneli

 

 

Date of Birth

12.07.1958

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

Name

Partanen Klaus Veli

 

 

Date of Birth

08.02.1953

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

Name

Kettunen Aimo Antero

 

 

Date of Birth

04.04.1959

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

Name

Itäniemi Merja Kristiina

 

 

Date of Birth

15.10.1963

Appointment Date

06.05.2008

Nationality

FINLAND

Function

Principal accountant

 

Name

Turkia Erja Annikki

 

 

Date of Birth

15.03.1963

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

 

Name

Tiilikainen Päivi Maarit

 

 

Date of Birth

16.06.1979

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

Name

Wikström Eija Anneli

 

 

Date of Birth

03.04.1950

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

Name

Ceder Juha Hannes

 

 

Date of Birth

15.09.1957

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

Name

Johansson Ari Kalevi

 

 

Date of Birth

05.07.1960

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

Name

Riippa Tiina Riitta

 

 

Date of Birth

07.08.1966

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

Name

Lagus Anne Maria

 

 

Date of Birth

11.10.1957

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

 

 

Name

Vänttinen Ossi Unto Antero

 

 

Date of Birth

10.01.1956

Appointment Date

29.06.2012

Nationality

FINLAND

Function

Procurist

 

 

NEGATIVE INFORMATION

 

No negative information found.

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Shareholder Information

Year

31.12.2011

 

Total Value of Shares

136.850.000

 

Number of Shares

8.050.000

 

Value of Shares

 

 

 

Registrations in Force

 

State

Registration Date

Tax Administration

Registered

19.09.1991

Trade Register

Registered

11.09.1991

Employer Register

Registered

01.09.1991

Prepayment Register

Registered

01.03.1995

Value Added Tax-Liability

VAT-liable for business activity

01.06.1994

 

 

PAYMENT INFORMATION

 

Na

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Group structure

Company Name

 

Registered Number

Latest Key Financials

Percentage Owned

Limit

Turnover

STORA ENSO OYJ

 

10390508

31.12.2011

-

€50 000

€3 397 662 000

CORENSO UNITED OY LTD

 

09006687

31.12.2011

100%

€50 000

€67 502 000

CORENSO (FOSHAN) PAPER C...

 

N/A

-

100%

-

-

CORENSO HUALUN JV

 

N/A

-

51%

-

-

CORENSO NORTH AMERICA CORP

 

N/A

-

100%

$47 700

$2 092 000

CORENSO SVENSKA AB

 

5566148812

31.12.2011

100%

2 450 KSEK

29 920 KSEK

BÄCKE EMBALLAGE AB

 

N/A

-

100%

-

-

MOHED EMBALLAGE AKTIEB...

 

5560886771

31.12.2011

100%

700 KSEK

55 173 KSEK

CORENSO UNITED VERWALTUN...

 

N/A

-

100%

-

-

ENOCELL OY

 

07753099

31.12.2011

100%

€50 000

€291 988 000

ENSO ALUEVERKKO OY

 

11099309

31.12.2011

100%

€6 000

€710 000

STORA ENSO PACKAGING BOARD...

 

07373838

-

100%

€1 000

-

HERMAN ANDERSSON OY

 

01871756

31.12.2011

100%

€50 000

€16 955 000

KARHULAN-SUNILAN RAUTATIE OY

 

02065641

31.12.2011

100%

€5 000

€722 000

KIINTEISTÖOSAKEYHTIÖ SUNIL...

 

06993584

-

78%

€1 000

-

KOTKAMILLS OY

 

08274241

31.12.2011

100%

€50 000

€247 984 000

L P PACIFIC FILMS SDN BHD

 

N/A

-

100%

-

-

LUMIPAPER NV

 

436452092

31.12.2011

100%

€785 000

€12 652 744

MERIVIENTI OY

 

01591607

-

100%

€1 000

-

PUUMATRA OY

 

17341493

31.12.2008

100%

€10 000

€66 763 000

OOO TIMOS

 

N/A

-

100%

-

-

RA BRAND & CO. LTD

 

N/A

-

100%

-

-

RAUTSALON KIINTEISTÖ OY

 

01641168

31.12.2007

100%

€5 000

€89 000

STORA ENSO (HK) LTD

 

N/A

-

100%

-

-

STORA ENSO AB

 

5561733360

31.12.2011

100%

50 000 KSEK

446 000 KSEK

GAMBRO INVEST AB

 

5563000438

31.12.2011

100%

0 KSEK

-

DJKN FÖRVALTNINGS AB

 

N/A

-

100%

-

-

M-CARRIER AKTIEBOLAG

 

5562982586

31.12.2011

100%

0 KSEK

-

STORA ENSO (SCHWEITZ) AG

 

N/A

-

100%

-

-

STORA ENSO ACTIVATION AB

 

5566094669

31.12.2011

100%

-

-

STORA ENSO CHINA HOLDING...

 

5565783023

31.12.2011

100%

0 KSEK

-

INPAC INTERNATIONAL PR...

 

N/A

-

51%

-

-

STORA ENSO INPAC PAC...

 

23657961

-

100%

€500

-

SHANGHAI STORA ENSO TR...

 

N/A

-

100%

-

-

STORA ENSO CHINA LTD

 

N/A

-

100%

-

-

STORA ENSO PULP AND PA...

 

5562982552

31.12.2011

100%

0 KSEK

-

GUANGXI STORA ENSO F...

 

N/A

-

100%

-

-

STORA ENSO SUZHOU PAPE...

 

N/A

-

98%

-

-

STORA ENSO DANMARK A/S

 

N/A

-

100%

-

-

STORA ENSO FINE PAPER AK...

 

5560004425

31.12.2011

100%

-

-

STORA ENSO NYMOLLA AB

 

N/A

-

100%

-

-

STORA ENSO FORS AKTIEBOLAG

 

5560128661

31.12.2010

100%

50 000 KSEK

3 407 395 KSEK

STORA ENSO FÖRSÄKRINGSAK...

 

5164018045

-

100%

-

-

STORA ENSO HYLTE AKTIEBOLAG

 

5561277954

31.12.2011

100%

50 000 KSEK

3 888 200 KSEK

STORA ENSO KVARNSVEDEN AB

 

5560216722

31.12.2010

100%

250 000 KSEK

4 486 100 KSEK

STORA ENSO LOGISTICS AB

 

5560398694

31.12.2011

100%

50 000 KSEK

4 874 500 KSEK

STORA ENSO NN PAPER AB

 

5567383558

31.12.2011

100%

0 KSEK

-

OOO STORA ENSO NN PAPER

 

N/A

-

100%

-

-

STORA ENSO NORGE A/S

 

N/A

-

100%

-

-

STORA ENSO PRAHA S.R.O.

 

N/A

-

100%

-

-

STORA ENSO PULP AKTIEBOLAG

 

5560293408

31.12.2011

100%

50 000 KSEK

3 147 400 KSEK

NORRSUNDET UTVECKLINGS AB

 

N/A

-

100%

-

-

SKUTSKÄRS INDUSTRISERV...

 

5560774019

31.12.2011

100%

460 KSEK

5 646 KSEK

STORA ENSO SKOG AKTIEBOLAG

 

5560095589

31.12.2010

100%

250 000 KSEK

7 731 400 KSEK

KOPPARLAND AKTIEBOLAG

 

5560154477

31.12.2011

100%

15 KSEK

1 423 KSEK

STORA ENSO BIOENERGI AB

 

5562002203

31.12.2011

100%

50 000 KSEK

941 361 KSEK

STORA ENSO SKOG AS

 

938124337

31.12.2011

100%

€229 500

€34 181 985

SYDVED AKTIEBOLAG

 

5561710814

31.12.2011

67%

50 000 KSEK

3 358 074 KSEK

DORMANT CO

 

N/A

-

100%

-

-

SKOGSUTVECKLING SYD...

 

5561525659

31.12.2011

100%

975 KSEK

96 654 KSEK

STORA ENSO SKOGHALL AKTI...

 

5562982545

31.12.2011

100%

100 000 KSEK

5 930 400 KSEK

STORA ENSO TIMBER AB

 

5560274903

31.12.2011

100%

50 000 KSEK

2 359 373 KSEK

STORA ENSO TREASURY STOC...

 

5560238908

31.12.2011

100%

2 KSEK

21 KSEK

STORA ENSO AMSTERDAM B.V.

 

33056923

31.12.2010

100%

€14 550 000

€290 184 000

BERGHUITZER PAPIERFA...

 

N/A

-

100%

-

-

CORENSO EDAM B.V.

 

36008141

31.12.2010

100%

€465 000

-

STORA ENSO ARAPOTI I...

 

N/A

-

80%

-

-

STORA ENSO FLORESTAL...

 

N/A

-

100%

-

-

STORA ENSO TIMBER DI...

 

N/A

-

100%

-

-

STORA TIMBER BENELUX...

 

33004629

31.12.2009

100%

-

€25 171 000

HOUTPAK B.V.

 

33113403

-

100%

-

-

HOUTTRANSPORT-AMST...

 

33000662

-

100%

-

-

STORA ENSO HOLDING FRA...

 

N/A

-

100%

-

-

CORENSO FRANCE S.A.S.

 

N/A

-

100%

-

-

CORENSO TOLOSANA S.A.

 

N/A

-

77%

-

-

STORA ENSO BOIS

 

412135006

31.12.2010

100%

€250 000

€49 304 239

STORA ENSO CORBEHEM SA

 

N/A

-

100%

-

-

SIEX DEVELOPPEMENT...

 

N/A

-

100%

-

-

STORA ENSO FRANCE S.A.S

 

N/A

-

100%

-

-

STORA KOPPARBERGS BERGSL...

 

5560129479

31.12.2011

100%

3 900 KSEK

82 986 KSEK

STORA ENSO ARGENTINA S.A.

 

N/A

-

100%

-

-

STORA ENSO AUSTRALIA PTY LTD

 

N/A

-

100%

-

-

STORA ENSO AUSTRIA GMBH

 

N/A

-

100%

-

-

STORA ENSO BELGIUM NV/SA

 

N/A

-

100%

-

-

STORA ENSO BETEILIGUNGEN GMBH

 

HRB 18147

-

100%

-

-

ALTPAPIER VERW WATTENSCH...

 

N/A

-

100%

-

-

CORENSO UNITED (DEUTSCHL...

 

HRA 22049

-

100%

€7 000

-

CORENSO ELFES GMBH & C...

 

N/A

-

67%

-

-

ELFES BETEILIGUNGS-GMBH

 

N/A

-

67%

-

-

FPB HOLDING GBMH & CO KG

 

N/A

-

100%

-

-

STORA ENSO BAIENFURT V...

 

HRB 552156

31.12.2008

100%

-

€2 500

STORA ENSO GMBH & CO KG

 

N/A

-

100%

-

-

STORA ENSO HILFE GMBH

 

HRB 464

31.12.2011

100%

€12 500

-

STORA ENSO KABEL GMBH...

 

N/A

-

100%

-

-

STORA ENSO BAIENFURT...

 

HRA 551416

-

100%

-

-

STORA ENSO KABEL VERWA...

 

N/A

-

100%

-

-

STORA ENSO UETERSEN GMBH

 

N/A

-

100%

-

-

STORA ENSO UETERSEN VE...

 

N/A

-

100%

-

-

STORA ENSO DEUTSCHLAND GMBH

 

HRB 48737

31.12.2009

100%

€175 000

€122 997 526

STORA ENSO MAXAU GMBH

 

HRB 109322

31.12.2010

100%

€2 200 000

€298 453 414

STORA ENSO MAXAU GMBH &...

 

N/A

-

100%

-

-

STORA ENSO SACHSEN GMBH

 

HRB 5078

31.12.2010

100%

€1 200 000

€154 364 360

STORA ENSO VERWALTUNGS GMBH

 

HRB 38853

31.12.2011

100%

€2 500

€2 500

STORA ENSO BRASIL LTDA

 

N/A

-

100%

-

-

STORA ENSO CHILE S.A.

 

N/A

-

100%

-

-

STORA ENSO EESTI AS

 

N/A

-

100%

-

-

PUUMERKKI AS

 

N/A

-

100%

-

-

STORA ENSO LATVIA A/S

 

N/A

-

100%

-

-

UAB STORA ENSO LIETUVA

 

N/A

-

100%

-

-

UAB STORA ENSO LIETUVA

 

N/A

-

100%

-

-

UAB PUUMERKKI

 

N/A

-

100%

-

-

UAB PUUMERKKI

 

N/A

-

100%

-

-

STORA ENSO ESPANA S.A.

 

N/A

-

100%

-

-

CARTIBERIA SA

 

N/A

-

74%

-

-

STORA ENSO GRAFIC SA

 

N/A

-

100%

-

-

STORA ENSO HOLDINGS UK LIM...

 

00070861

31.12.2011

100%

£1 150 000

£951 000

CORENSO (UK) LIMITED

 

02010900

31.12.2011

100%

£53 000

£12 439 000

DAW01 LTD

 

N/A

-

100%

-

-

LUMIPAPER LIMITED

 

01454907

31.12.2011

100%

£50 000

£5 054 000

STORA BILLERUD (UK) GROU...

 

02262985

31.12.2011

100%

-

-

STORA ENSO NEWTON KYME...

 

00517683

31.12.2011

100%

-

-

STORA ENSO INTERNATIONAL...

 

04041346

31.12.2010

100%

-

£6 707 000

STORA ENSO PENSION TRUST...

 

N/A

-

100%

-

-

STORA ENSO TIMBER UK LIM...

 

00215614

31.12.2011

100%

£100 000

£21 393 000

WOODPAX LIMITED

 

01519192

31.12.2011

100%

-

-

STORA ENSO TRANSPORT & D...

 

N/A

-

100%

-

-

STORA ENSO UK LIMITED

 

01294742

31.12.2011

100%

£7 500

£6 104 000

STORA ENSO HUNGARY KFT

 

N/A

-

100%

-

-

STORA ENSO INGEROIS OY

 

09508708

31.12.2011

100%

€50 000

€178 122 000

STORA ENSO BARCELONA SA

 

N/A

-

100%

-

-

PALWASTE RECYCLING SL

 

N/A

-

100%

-

-

STORA ENSO IRELAND LIMITED

 

IE070128

30.11.2009

100%

-

-

STORA ENSO ITALIA S.R.L.

 

N/A

-

100%

-

-

STORA ENSO JAPAN K.K.

 

N/A

-

100%

-

-

STORA ENSO LANGERBRUGGE NV

 

417331909

31.12.2011

100%

€75 000 000

€279 997 910

STORA ENSO FINANCIAL SER...

 

N/A

-

100%

-

-

VLAR PAPIER NV

 

417737824

31.12.2011

65%

€670 000

€47 816 022

STORA ENSO LOGISTICS GMBH

 

N/A

-

100%

-

-

STORA ENSO LOGISTICS GMBH

 

N/A

-

100%

-

-

STORA ENSO MEXICO S.A.

 

N/A

-

98%

-

-

STORA ENSO MIDDLE EAST FZ-LLC

 

N/A

-

100%

-

-

STORA ENSO NORTH AMERICA S...

 

N/A

-

100%

-

-

STORA ENSO PACKAGING OY

 

08215639

31.12.2011

100%

€50 000

€108 189 000

FORMECA OY

 

04993003

31.12.2011

100%

€50 000

€4 291 000

STORA ENSO PACKAGING AB

 

5560421769

31.12.2011

100%

50 000 KSEK

1 084 893 KSEK

JUNE-EMBALLAGE AKTIEBOLAG

 

5562243542

31.12.2011

100%

575 KSEK

27 361 KSEK

STORA ENSO PACKAGING AS

 

N/A

-

100%

-

-

STORA ENSO PACKAGING KFT

 

N/A

-

100%

-

-

STORA ENSO PACKAGING SIA

 

N/A

-

100%

-

-

STORA ENSO PACKAGING SP ZOO

 

N/A

-

100%

-

-

STORA ENSO PACKAGING SRL

 

N/A

-

100%

-

-

STORA ENSO PACKAGING UAB

 

N/A

-

100%

-

-

STORA ENSO PACKAGING UAB

 

N/A

-

100%

-

-

TAMREST OY

 

07350986

31.12.2008

100%

€10 000

€63 000

OOO STORA ENSO PACKAGI...

 

N/A

-

100%

-

-

OOO STORA ENSO PACKAGI...

 

N/A

-

100%

-

-

STORA ENSO POLAND SA

 

N/A

-

94%

-

-

INTERCELL TRADING SP.Z.O.O.

 

N/A

-

100%

-

-

SCANTRANS SP.Z.O.O.

 

N/A

-

97%

-

-

STORA ENSO RECYCLING SP....

 

N/A

-

100%

-

-

STORA ENSO POLSKA SP.Z.O.O.

 

N/A

-

100%

-

-

STORA ENSO PORTUGAL LDA

 

N/A

-

99%

-

-

STORA ENSO PUBLICATION PAP...

 

08562104

31.12.2011

100%

€50 000

€281 572 000

STORA ENSO PUBLICATION P...

 

17537189

-

100%

€1 000

-

STORA ENSO HUATAL PAPE...

 

N/A

-

60%

-

-

STORA ENSO SHOP OY

 

N/A

-

100%

-

-

STORA ENSO SOUTH EAST ASIA...

 

N/A

-

100%

-

-

NOWIS SDN BHD

 

N/A

-

100%

-

-

STORA ENSO SPB LTD

 

N/A

-

100%

-

-

STORA ENSO TIMBER TRADING SIA

 

N/A

-

100%

-

-

STORA ENSO TREASURY AMSTER...

 

N/A

-

100%

-

-

STORA ENSO VENTURES OY

 

18806213

-

100%

€1 000

-

DESIGN FORCE AB

 

N/A

-

71%

-

-

STORA ENSO PACKAGENT OY

 

17362737

31.12.2009

100%

€5 000

€75 000

STORA ENSO WOOD PRODUCTS O...

 

10151830

31.12.2011

100%

€50 000

€234 492 000

ERIDOMIC OY

 

09626894

31.12.2011

100%

€43 000

€9 503 000

PUUMERKKI OY

 

09039120

31.12.2011

100%

€50 000

€174 863 000

SETLES LLC

 

N/A

-

100%

-

-

SETNORD LLC

 

N/A

-

100%

-

-

SETNOVO LLC

 

N/A

-

100%

-

-

STORA ENSO TIMBER AG

 

N/A

-

100%

-

-

CENTRUM DYSTRYBUCJI I...

 

N/A

-

100%

-

-

EURO TIMBER SPOL S.R.O.

 

N/A

-

89%

-

-

HESPOL SP ZOO

 

N/A

-

100%

-

-

STORA ENSO TIMBER (DEU...

 

HRB 23399

-

100%

-

-

STORA ENSO TIMBER HV...

 

N/A

-

100%

-

-

STORA ENSO TIMBER PLAN...

 

N/A

-

100%

-

-

STORA ENSO TIMBER SPZOO

 

N/A

-

100%

-

-

STORA ENSO TIMBER ZDIR...

 

N/A

-

100%

-

-

STORA ENSO WP BAD ST L...

 

N/A

-

100%

-

-

STORA ENSO WP HOLZVERA...

 

N/A

-

100%

-

-

STORA ENSO TIMBER AUSTRA...

 

N/A

-

100%

-

-

STORA ENSO TIMBER DOO

 

N/A

-

100%

-

-

STORA ENSO TIMBER JAPAN...

 

N/A

-

100%

-

-

STORA ENSO WOOD SUPPLY POL...

 

N/A

-

100%

-

-

STORA FINANCE FRANCE SA

 

N/A

-

100%

-

-

STORA LUXEMBOURG S.À R.L.

 

B67879

-

100%

-

-

STORA ENSO S.À R.L.

 

B67934

-

100%

-

-

SUNILAN PUHDISTAMO OY

 

09582959

31.12.2011

67%

€50 000

€1 179 000

VENAPUU OY

 

N/A

-

100%

-

-

NIKAPA OY

 

N/A

-

100%

-

-

OAO LADENSO

 

N/A

-

51%

-

-

OOO OLONETSLES

 

N/A

-

96%

-

-

OOO RUSSKIJ LES

 

N/A

-

100%

-

-

OOO STORA TRANSPORT

 

N/A

-

100%

-

-

OOO TERMINAL

 

N/A

-

100%

-

-

OOO XT PRODUCTIONS

 

N/A

-

100%

-

-

OOO STORA ENSO FOREST BO...

 

N/A

-

100%

-

-

OOO STORA ENSO FOREST CE...

 

N/A

-

100%

-

-

OOO STORA ENSO FOREST WEST

 

N/A

-

100%

-

-

ZAO STORA ENSO LTD

 

N/A

-

100%

-

-

 

Linked Companies

Name

 

Number

Latest Key financials

limit

Turnover

STORA ENSO HOLDING FRANCE

 

351758156

31.12.2010

€15 000

-

GROUPE PAPYRUS FRANCE

 

306460676

31.12.2011

€2 000 000

€202 621 096

STORA ENSO NYMÖLLA AKTIEBOLAG

 

5560704446

31.12.2011

50 000 KSEK

3 321 300 KSEK

BERGVIK SKOG VÄST AB

 

5566105358

31.12.2011

100 000 KSEK

2 209 000 KSEK

BERGHUIZER PAPIERFABRIEK N.V.

 

08008957

31.12.2011

€2 500 000

-

STORA ENSO NEWS AKTIEBOLAG

 

5560822917

01.12.2004

-

-

PAKENSO SWEDEN HOLDING AKTIEBOLAG

 

5563281566

31.12.2008

-

7 500 KSEK

PAPYRUS NORGE AS

 

957865259

31.12.2011

€229 500

€29 148 795

PAPYRUS SVERIGE AKTIEBOLAG

 

5560576554

31.12.2011

50 000 KSEK

1 791 053 KSEK

PAPYRUS HOLDING AB

 

5567176135

31.12.2011

0 KSEK

-

BERGVIK SKOG PLANTOR AB

 

5566278866

31.12.2011

6 800 KSEK

85 916 KSEK

STORA ENSO DEUTSCHLAND GMBH

 

HRB 53806

31.12.2007

-

€17 366 209

STORA ENSO SCANDINAVIA AKTIEBOLAG

 

5560128828

31.12.2008

-

30 753 KSEK

AKTIEBOLAGET SIEFVERT & FORNANDER

 

5560022583

01.12.2007

-

-

VÄSTVED AKTIEBOLAG

 

5562883883

31.12.2009

-

-

PAPYRUS AB

 

5567341630

31.12.2011

50 000 KSEK

360 945 KSEK

BILLERUD (U.K.) LIMITED

 

SC072119

30.09.2002

-

-

STORA ENSO SERVICE OCH UNDERHÅLL AB

 

5560534926

31.12.2008

-

87 263 KSEK

AKTIEBOLAGET NYKVARNS BRUK

 

5560227323

01.11.2007

-

-

PAPYRUS GROUP GERMANY GMBH

 

HRB 704570

31.12.2010

€10 000

-

PAPYRUS GROUP HOLLAND B.V.

 

09180779

31.12.2010

€10 000

-

STORA ENSO TIMBER DIY PRODUCTS B.V.

 

33134334

31.12.2010

€215 000

€25 214 000

STORA ENSO TIMBER DEUTSCHLAND GMBH

 

HRB 1279

31.12.2010

€310 000

€71 232 736

STORA ENSO LOGISTICS GMBH

 

HRB 29077

31.12.2010

€1 500 000

€314 163 089

VATUS MEDICAL AB

 

5566852280

31.12.2011

200 KSEK

3 108 KSEK

RAKENNUS AKTIEBOLAG

 

5560699844

31.12.2008

-

-

ELFES BETEILIGUNGS GMBH

 

HRB 627

31.12.2011

€10 000

€4 896

STÄDGROSSIMPORTEN I STOCKHOLM AKTIEBOLAG

 

5564114642

31.12.2011

2 900 KSEK

57 410 KSEK

ALTPAPIER VERWERTUNG WATTENSCHEID GMBH

 

HRB 1336

31.12.2011

€72 000

€12 662 491

STORA ENSO BAIENFURT GMBH

 

HRB 722924

31.12.2010

€100 000

€12 594 689

STORA ENSO KABEL VERWALTUNGS GMBH

 

HRB 7639

31.12.2010

-

-

JET-INTERIÖR AKTIEBOLAG

 

5560913542

01.02.2008

-

-

BÄCKE EMBALLAGE AKTIEBOLAG

 

5562011048

31.12.2011

3 650 KSEK

144 386 KSEK

PAPYRUS AB

 

5562021948

31.12.2010

-

137 296 KSEK

PAPYRUS NETWORK AKTIEBOLAG

 

5562802131

31.12.2010

-

140 853 KSEK

GAMBRO TRADENAMES AB

 

5561217554

31.12.2011

0 KSEK

-

ÖSTVED AKTIEBOLAG

 

5561489047

31.12.2009

-

-

VÄSTBRÄNSLEN AKTIEBOLAG

 

5561877324

31.12.2009

-

-

STÄDCENTRALEN TRÄFFPUNKTEN AKTIEBOLAG

 

5565611851

31.12.2011

1 500 KSEK

22 869 KSEK

BERGVIK SKOG ÖST AB

 

5566445473

31.12.2011

50 000 KSEK

451 000 KSEK

LINGBO VINDKRAFT AB

 

5567759021

31.12.2011

0 KSEK

-

NORRSUNDET UTVECKLINGS AB

 

5567759070

31.12.2011

-

-

STORA ENSO LAOS PLANTATION AB

 

5568009228

31.12.2011

0 KSEK

-

PAPYRUS FINLAND OY

 

21292751

31.12.2011

€50 000

€55 858 000

R.A.BRAND & CO.LIMITED

 

00437754

31.12.2011

-

-

STORA ENSO TRANSPORT AND DISTRIBUTION LIMITED

 

02685632

31.12.2011

-

-

STORA ENSO PENSION TRUST LIMITED

 

03179833

01.04.2011

-

-

DAW1 LIMITED

 

03820338

31.12.2010

-

-

FPB HOLDING GMBH & CO. KG

 

HRA 14963

31.12.2010

€3 750 000

€547 741 138

STORA ENSO FINANCIAL SERVICES EN LIQUIDATION SA

 

428056446

31.12.2010

-

-

STORA ENSO FOREST CENTRAL EUROPE GMBH

 

HRB 40204

-

-

-

STORA ENSO PUBLICATION PAPER VERWALTUNGS GMBH

 

HRB 38870

-

-

-

STORA ENSO PUBLICATION PAPER GMBH & CO. KG

 

HRA 14958

-

-

-

STORA ENSO UETERSEN GMBH

 

HRB 7583 PI

-

€44 000

-

CORENSO-ELFES GMBH & CO. KG

 

HRA 315

-

€44 000

-

STORA ENSO KALBEL GMBH & CO. KG

 

HRA 5226

-

-

-

STORA ENSO REISHOLZ GMBH & CO. KG

 

HRA 14965

-

-

-

STORA ENSO MAXAU BETEILIGUNGS-GESELLSCHAFT M.B.H

 

HRB 65268

-

-

-

STORA ENSO MAXAU GMBH & CO. KG

 

HRA 104410

-

-

-

STORA ENSO PUBLICATION PAPER AKTIENGESELLSCHAFT

 

HRB 12587

-

-

-

AS PAPYRUS

 

-

-

-

-

AS PAPYRUS

 

-

-

-

-

BERGVIK SKOG SIA

 

-

-

-

-

CELULOSE BEIRA INDUSTRIAL (CELBI) SA

 

-

-

-

-

CHAMP WALVE LTD

 

-

-

-

-

GUANGXI STORA ENSO FORESTRY CO LTD

 

-

-

-

-

GUANGXI STORA ENSO FORESTRY CO LTD

 

-

-

-

-

HEMP BIDCO S.A.S.

 

-

-

-

-

INPAC INTERNATIONAL CO LTD

 

-

-

-

-

KINGISEPPSKOYE TIMBER CO

 

-

-

-

-

KINGSSEPPSKOYE TIMBER CO

 

-

-

-

-

LAMINATING PAPERS OY

 

-

-

-

-

NYSKOG13 AB

 

-

-

-

-

OOO STORA ENSO NN PAPER LLC

 

-

-

-

-

OOO STORA ENSO PACKAGING

 

-

-

-

-

PAPYRUS A/S

 

-

-

-

-

PAPYRUS A/S

 

-

-

-

-

PAPYRUS AG

 

-

-

-

-

PAPYRUS AS

 

-

-

-

-

PAPYRUS BELGIUM NV/SA

 

-

-

-

-

PAPYRUS BELGIUM NVFSA

 

-

-

-

-

PAPYRUS BELGIUM NVFSA

 

-

-

-

-

PAPYRUS BOHEMIA SPOL SRO

 

-

-

-

-

PAPYRUS CROATIA D O O

 

-

-

-

-

PAPYRUS DISTRIBUTION, UAB

 

-

-

-

-

PAPYRUS FRANCE SAS

 

-

-

-

-

PAPYRUS HUNGARIA RT

 

-

-

-

-

PAPYRUS HUNGARIA RT

 

-

-

-

-

PAPYRUS HUNGARIA RT

 

-

-

-

-

PAPYRUS PAPIER ITALIA SRL

 

-

-

-

-

PAPYRUS PAPR D.O.O.

 

-

-

-

-

PAPYRUS SA

 

-

-

-

-

PAPYRUS SIA

 

-

-

-

-

PAPYRUS SIA

 

-

-

-

-

PAPYRUS SIA

 

-

-

-

-

PAPYRUS SLOVAKIA SRO

 

-

-

-

-

PAPYRUS SLOVAKIA SRO

 

-

-

-

-

PAPYRUS SP Z O O

 

-

-

-

-

PAPYRUS SP Z O O

 

-

-

-

-

PAPYRUS SP ZOO

 

-

-

-

-

PUUMERKKI AS

 

-

-

-

-

SCALDIA PAPIER BV

 

-

-

-

-

SCHNEIDERSÖHNE GMBH

 

-

-

-

-

SCHNEIDERSÖHNE PAPIER PRAHA SPOL SRO

 

-

-

-

-

SHANGHAI STORA ENSO TRADING CO LTD

 

-

-

-

-

SIA RUDA

 

-

-

-

-

SIHL & EIKA PAPIER AG

 

-

-

-

-

STORA (ISRAEL) LTD

 

-

-

-

-

STORA ENSO (SCHWEIZ) AG

 

-

-

-

-

STORA ENSO ARAPOTI INDÚSTRIA DE PAPEL

 

-

-

-

-

STORA ENSO AS

 

-

-

-

-

STORA ENSO BARCELONA S.A.

 

-

-

-

-

STORA ENSO CHINA

 

-

-

-

-

STORA ENSO HOLDING A/S

 

-

-

-

-

STORA ENSO KABEL GMBH & CO KG

 

-

-

-

-

STORA ENSO LAO CO LTD

 

-

-

-

-

STORA ENSO NORGE AS

 

-

-

-

-

STORA ENSO NORTH AMERICA

 

-

-

-

-

STORA ENSO OYI

 

-

-

-

-

STORA ENSO PACKAGING APS

 

-

-

-

-

STORA ENSO PACKAGING APS

 

-

-

-

-

STORA ENSO PACKAGING OYJ

 

-

-

-

-

STORA ENSO PAPERBOARD AKTIEBOLAG

 

-

-

-

-

STORA ENSO POLAND SA

 

-

-

-

-

STORA ENSO PRAHA SRO

 

-

-

-

-

STORA ENSO SUZHOU PAPER CO LTD

 

-

-

-

-

STORA ENSO SUZHOU PAPER CO LTD

 

-

-

-

-

STORA ENSO SUZHOU PAPER CO LTD

 

-

-

-

-

STORA ENSO TIMBER AG

 

-

-

-

-

STORA ENSO TIMBER AS

 

-

-

-

-

STORA ENSO TIMBER BAD ST LEONARD GMBH

 

-

-

-

-

STORA ENSO TIMBER D.O.O.

 

-

-

-

-

STORA ENSO TIMBER DEUTCHLAND GMBH

 

-

-

-

-

STORA ENSO TIMBER OY LTD

 

-

-

-

-

STORA ENSO TIMBER OY LTD

 

-

-

-

-

STORA ENSO TIMBER PLANÁ SRO

 

-

-

-

-

STORA ENSO TIMBER ZDÍREC SRO

 

-

-

-

-

STORA ENSO TREASURY AMSTERDAM BV

 

-

-

-

-

STORA ENSO WOOD PRODUCTS GMBH

 

-

-

-

-

STORA ENZO AG

 

-

-

-

-

STORA ENZO AG

 

-

-

-

-

STORA ENZO HOLDING A/S

 

-

-

-

-

STORA ENZO HOLDING A/S

 

-

-

-

-

STORA ENZO PRAHA SRO

 

-

-

-

-

STORA ENZO PRAHA SRO

 

-

-

-

-

STORA FORESTRY STRUG JV

 

-

-

-

-

STORA IMPEX

 

-

-

-

-

STORA TRANSPORT OOO

 

-

-

-

-

THIELE KAOLIN COMPANY

 

-

-

-

-

TSP INC

 

-

-

$1 200

-

UAB SCHNEDERSÖHNE BALBJA

 

-

-

-

-

 

 

FINANCIAL INFORMATION

 

Key Financials

Year

31.12.2011

%

31.12.2010

%

31.12.2009

%

31.12.2008

Turnover (€)

281.572.000

-29%

396.956.000

-16%

469.814.000

-22%

605.304.000

Result After Taxes (€)

-6.325.000

80%

-32.315.000

44%

-57.749.000

-208%

53.527.000

Total Assets(€)

174.714.000

-17%

211.014.000

-37%

335.472.000

-21%

422.237.560

Number of Employees

379

-23%

490

-33%

726

-20%

902

Estimated Shareholders Funds

76.874.160

-7%

82.295.460

-28%

114.060.480

-34%

173.117.400

 

Ratios

Year

31.12.2011

 

31.12.2010

 

31.12.2009

 

31.12.2008

Solvency Ratio

44% 

 

39% 

 

34% 

 

41% 

 

Low Indebtedness

 

Moderate Indebtedness

 

Moderate Indebtedness

 

 

Operating Result Ratio

-1,60

 

-7,10

 

-10,10

 

1,90

Turnover Employee Ratio

74.293,00

 

81.011,00

 

64.713,00

 

67.107,00

 

Profit & Loss (€)

 

Operating Income

 

 

 

 

 

 

 

 

Number of weeks

 

 

 

 

 

 

 

 

Consolidated Accounts

 

 

 

 

 

 

 

 

Sales Revenue

 

 

 

 

 

 

 

 

Other Operating Income

 

 

 

 

 

 

 

 

Total Operating Income

 

 

 

 

 

 

 

 

Wages & Salaries

 

 

 

 

 

 

 

 

Depreciation

 

 

 

 

 

 

 

 

Total Operating Expenses

 

 

 

 

 

 

 

 

Operating Profit/Loss

 

 

 

 

 

 

 

 

Result From Financial Investments

 

Financial Income

 

 

 

 

 

 

 

 

Financial Expenses

 

 

 

 

 

 

 

 

Total Financial Investments

 

 

 

 

 

 

 

 

Profit/Loss after Financial Items

 

 

 

 

 

 

 

 

Extraordinary Income

 

 

 

 

 

 

 

 

Extraordinary Expenses

 

 

 

 

 

 

 

 

Profit/Loss Before Tax

 

 

 

 

 

 

 

 

Tax

 

 

 

 

 

 

 

 

Profit/Loss After Tax

 

 

 

 

 

 

 

 

Balance Sheet (€)

 

Assets

 

 

 

 

 

 

 

 

Number of weeks

 

 

 

 

 

 

 

 

Consolidated Accounts

 

 

 

 

 

 

 

 

Fixed Assets

 

Intangible Assets

 

 

 

 

 

 

 

 

Tangible Assets

 

 

 

 

 

 

 

 

Other Fixed Assets

 

 

 

 

 

 

 

 

Total Fixed Assets

 

 

 

 

 

 

 

 

Current Assets

 

Inventories

 

 

 

 

 

 

 

 

Trade Receivables

 

 

 

 

 

 

 

 

Other Receivables

 

 

 

 

 

 

 

 

Cash & Bank Balances

 

 

 

 

 

 

 

 

Other Current Assets

 

 

 

 

 

 

 

 

Total Current Assets

 

 

 

 

 

 

 

 

Total Assets

 

 

 

 

 

 

 

 

Equity and Liabilities (€)

 

EQUITY

 

Share Capital

 

 

 

 

 

 

 

 

Share Premium Reserve

 

 

 

 

 

 

 

 

Retained Earnings

 

 

 

 

 

 

 

 

Other Reserves

 

 

 

 

 

 

 

 

Total Equity

 

 

 

 

 

 

 

 

LONG TERM LIABILITIES

 

Long Term Liabilities to Financial Institutions

 

 

 

 

 

 

 

 

Other Long Term Liabilities Finance

 

 

 

 

 

 

 

 

Other Long Term Liabilities

 

 

 

 

 

 

 

 

Total Long Term Debts

 

 

 

 

 

 

 

 

CURRENT LIABILITIES

 

Trade Payables

 

 

 

 

 

 

 

 

Liabilities to Financial Institutions

 

 

 

 

 

 

 

 

Other Short Term Financial Loans

 

 

 

 

 

 

 

 

Other Short Term Liabilities

 

 

 

 

 

 

 

 

Total Current Liabilities

 

 

 

 

 

 

 

 

Total Liabilities

 

 

 

 

 

 

 

 

Total Equity & Liabilities

 

 

 

 

 

 

 

Other Financials (€)

 

Working Capital

 

 

 

 

 

 

 

 

Net Worth

 

 

 

 

 

 

 

 

Key Ratios

 

 

 

 

 

 

 

 

 

 

Number of weeks

 

 

 

 

 

 

 

 

Consolidated Accounts

 

 

 

 

 

 

 

 

PROFITABILITY

 

Net Margin %

 

 

 

 

 

 

 

 

Operating Profit/Loss %

 

 

 

 

 

 

 

 

Pre-Tax Profit Margin %

 

 

 

 

 

 

 

 

TRADING PERFORMANCE

 

Return on Net Assets Employed %

 

 

 

 

 

 

 

 

Return on Total Capital %

 

 

 

 

 

 

 

 

Interest Coverage Ratio (times)

 

 

 

 

 

 

 

 

Return on Capital Employed %

 

 

 

 

 

 

 

 

Return on Total Assets Employed %

 

 

 

 

 

 

 

 

Interest on Debt %

 

 

 

 

 

 

 

 

Risk Buffer %

 

 

 

 

 

 

 

 

SHORT TERM LIQUIDITY

 

Liquidity Ratio/Acid Test

 

 

 

 

 

 

 

 

Current Ratio %

 

 

 

 

 

 

 

 

Debtor Days

 

 

 

 

 

 

 

 

Working capital

 

 

 

 

 

 

 

 

LONG TERM LIQUIDITY

 

Equity Ratio %

 

 

 

 

 

 

 

 

Gearing %

 

 

 

 

 

 

 

 

Current Debt Ratio

 

 

 

 

 

 

 

 

Total Debt Ratio

 

 

 

 

 

 

 

 

Relative debt %

 

 

 

 

 

 

 

 

BUSINESS MEASURES

 

Change in turnover %

 

 

 

 

 

 

 

 

Turnover/employees

 

 

 

 

 

 

 

 

Sales/Net Working Capital

 

 

 

 

 

 

 

 

Stock Turnover Ratio %

 

 

 

 

 

 

 

 

Creditor Days

 

 

 

 

 

 

 

 

Equity in Percentage %

 

 

 

 

 

 

 

 

ADDITIONAL INFORMATION

 

Business History

Date

Event

Source Company Name

01.01.2009

Merger

Kymenso Oy   merged into   Stora Enso Publication Papers Oy Ltd

31.12.2008

Merger

Kymenso Oy   merged into   Stora Enso Publication Papers Oy Ltd

01.01.1997

Merger

10287658   merged into   Stora Enso Publication Papers Oy Ltd

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.70

UK Pound

1

Rs.84.51

Euro

1

Rs.68.16

 

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%)

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.