MIRA
INFORM REPORT
|
Report Date : |
06.09.2012 |
IDENTIFICATION DETAILS
|
Name : |
AXSTORES AB |
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Formerly Known As : |
Ahlens AB |
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Registered Office : |
Ringvagen 100, Stockholm, 118 90 |
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Country : |
Sweden |
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Financials (as on) : |
31.12.2010 |
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Year of Establishment : |
1932 |
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Com. Reg. No.: |
5560308800 |
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|
Legal Form : |
Private Subsidiary Company |
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Line of Business : |
Department Stores |
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No. of Employees : |
3,583 employees |
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 |
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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 |
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Restricted |
C2 |
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Off-credit |
D |
sweden - ECONOMIC OVERVIEW
Aided by peace and neutrality for the whole of the 20th century, Sweden has achieved an enviable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. It has a modern distribution system, excellent internal and external communications, and a highly skilled labor force. In September 2003, Swedish voters turned down entry into the euro system concerned about the impact on the economy and sovereignty. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Privately owned firms account for vast majority of industrial output, of which the engineering sector accounts for about 50% of output and exports. Agriculture accounts for little more than 1% of GDP and of employment. Until 2008, Sweden was in the midst of a sustained economic upswing, boosted by increased domestic demand and strong exports. This and robust finances offered the center-right government considerable scope to implement its reform program aimed at increasing employment, reducing welfare dependence, and streamlining the state's role in the economy. Despite strong finances and underlying fundamentals, the Swedish economy slid into recession in the third quarter of 2008 and growth continued downward in 2009 as deteriorating global conditions reduced export demand and consumption. Strong exports of commodities and a return to profitability by Sweden''s banking sector drove the strong rebound in 2010, which continued in 2011, and the government is proposing stimulus measures in the 2012 budget to curb the effects of a global economic slowdown and boost employment and growth.
|
Source : CIA |
Company name & address
Axstores AB
Ringvagen 100
Stockholm, 118 90
Sweden
Tel: 46-84028000
Fax: 46 (8) 402 80 08
Web: www.ahlens.com
Synthesis
Employees: 3,583
Company Type: Private Subsidiary
Corporate Family: 291
Companies
Ultimate Parent: Axel Johnson Gruppen AB
Incorporation Date: 1932
Financials in: USD
(Millions)
Fiscal Year End:
31-Dec-2010
Reporting Currency: Swedish
Krona
Annual Sales: 923.7
Total Assets: NA
Business Description
Axstores AB is
primarily engaged in establishments known as department stores that have
central customer checkout areas, generally in the front of the store, and that
may have additional cash registers located in one or more individual
departments. Department stores in this industry sell a wide range of general
merchandise (except fresh, perishable foods).
Industry
Industry Retail (Department and Discount)
ANZSIC 2006: 4260 - Department
Stores
NACE 2002: 5212 - Other
retail sale in non-specialised stores
NAICS 2002: 452112 - Discount
Department Stores
UK SIC 2003: 5212 - Other
retail sale in non-specialised stores
UK SIC 2007: 4719 - Other
retail sale in non-specialised stores
US SIC 1987: 5311 - Department
Stores
Key Executives
|
Name |
Title |
|
Bjarne Mumm |
Verkställande direktör |
|
Thomas Axen |
President |
|
Leaf Goramffon |
Director-Finance |
|
Bo Holmberg |
Sales Director |
|
Ragnhild Linderyd |
Administration Executive |
News
|
Title |
Date |
|
Petra Isaksson Appointed New Managing
Director at AxFlow AB, Sweden |
29-Aug-2012 |
|
Axstores Selects ExtraHop Networks as
Customer Momentum Grows in Europe, Middle East, and Africa |
3-Apr-2012 |
Registered No.(SWE):
5560308800
1 - Profit & Loss Item Exchange Rate: USD 1 = SEK 7.206564
2 - Balance Sheet Item Exchange Rate: USD 1 = SEK 6.72285
Corporate Overview
Location
Ringvägen 100
Stockholm, 118 90
Sweden
Tel: 46-84028000
Fax: 46 (8) 402 80 08
Web: www.ahlens.com
Sales SEK(mil): 6,657.0
Assets SEK(mil): NA
Employees: 3,583
Fiscal Year End: 31-Dec-2010
Industry: Retail (Department and Discount)
Incorporation Date: 1932
Company Type: Private Subsidiary
Quoted Status: Not Quoted
Previous Name: Ahlens AB
Registered No.(SWE): 5560308800
VerkstĂllande direktor: Bjarne
Mumm
Contents
· Industry Codes
· Business Description
· Financial Data
· Subsidiaries
Industry Codes
ANZSIC 2006 Codes:
4260 - Department Stores
451 - Cafes, Restaurants and Takeaway Food Services
NACE 2002 Codes:
5212 - Other retail sale in non-specialised stores
5530 - Restaurants
NAICS 2002 Codes:
452112 - Discount Department Stores
722211 - Limited-Service Restaurants
US SIC 1987:
5311 - Department Stores
5812 - Eating Places
UK SIC 2003:
5212 - Other retail sale in non-specialised stores
5530 - Restaurants
UK SIC 2007:
4719 - Other retail sale in non-specialised stores
5610 - Restaurants and mobile food service activities
Business
Description
Department store chain
More Business
Descriptions
Department Stores Operator
Axstores AB is primarily engaged in establishments known as department stores that have central customer checkout areas, generally in the front of the store, and that may have additional cash registers located in one or more individual departments. Department stores in this industry sell a wide range of general merchandise (except fresh, perishable foods).
Department Stores
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|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Corporate
Family |
Corporate
Structure News: |
|
|
Axel Johnson
Gruppen AB |
|
Axstores AB |
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|
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|
|
Company
Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
|
Parent |
Stockholm |
Sweden |
Miscellaneous Financial Services |
|
15,000 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Miscellaneous Capital Goods |
3,026.1 |
8,415 |
|
|
|
Subsidiary |
Solna |
Sweden |
Retail (Grocery) |
5,358.3 |
7,295 |
|
|
|
Subsidiary |
Göteborg |
Sweden |
Retail (Grocery) |
2,911.1 |
3,410 |
|
|
|
Division |
Gothenburg |
Sweden |
Retail (Grocery) |
|
300 |
|
|
|
Division |
Solna |
Sweden |
Retail (Grocery) |
529.8 |
600 |
|
|
|
Subsidiary |
Solna |
Sweden |
Retail (Grocery) |
737.2 |
1,364 |
|
|
|
Subsidiary |
Haninge |
Sweden |
Retail (Grocery) |
3,975.1 |
961 |
|
|
|
Subsidiary |
Glommen, Halland |
Sweden |
Food Processing |
23.7 |
20 |
|
|
|
Subsidiary |
Orebro |
Sweden |
Retail (Grocery) |
771.8 |
567 |
|
|
|
Subsidiary |
Ă–rebro, Ă–rebro |
Sweden |
Retail (Grocery) |
321.2 |
261 |
|
|
|
Subsidiary |
Solna |
Sweden |
Computer Networks |
75.2 |
148 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Retail (Grocery) |
84.5 |
135 |
|
|
|
Subsidiary |
Helsinki |
Finland |
Retail (Grocery) |
2.9 |
1 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Retail (Department and Discount) |
923.7 |
3,583 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Retail (Grocery) |
1,434.0 |
2,050 |
|
|
|
Merger with
Martin Olsson Handelsaktiebolag proposed/announced.See corporate
structure news on
Axel Johnson Gruppen AB for details |
|||||||
|
Subsidiary |
Johanneshov, Stockholm |
Sweden |
Food Processing |
75.8 |
160 |
|
|
|
Subsidiary |
Hässleholm, SkĂ¥ne |
Sweden |
Food Processing |
28.7 |
67 |
|
|
|
Subsidiary |
Johanneshov, Stockholm |
Sweden |
Food Processing |
22.5 |
26 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Photography |
693.1 |
2,025 |
|
|
|
Subsidiary |
Gothenburg |
Sweden |
Miscellaneous Capital Goods |
4.0 |
809 |
|
|
|
Subsidiary |
Täby |
Sweden |
Electronic Instruments and Controls |
27.3 |
83 |
|
|
|
Subsidiary |
Slemmestad |
Norway |
Miscellaneous Fabricated Products |
29.7 |
44 |
|
|
|
Subsidiary |
VĂ¥rgĂ¥rda, Västra Götaland |
Sweden |
Auto and Truck Parts |
31.4 |
57 |
|
|
|
Subsidiary |
Doncaster |
United Kingdom |
Nonclassifiable Industries |
|
35 |
|
|
|
UK Branch/Trading address |
Gateshead |
United Kingdom |
Construction and Agriculture Machinery |
|
23 |
|
|
|
UK Branch/Trading address |
Erith |
United Kingdom |
Construction and Agriculture Machinery |
|
14 |
|
|
|
UK Branch/Trading address |
Gloucester |
United Kingdom |
Construction and Agriculture Machinery |
|
8 |
|
|
|
UK Branch/Trading address |
Cardiff |
United Kingdom |
Nonclassifiable Industries |
|
7 |
|
|
|
UK Branch/Trading address |
Southampton |
United Kingdom |
Nonclassifiable Industries |
|
5 |
|
|
|
UK Branch/Trading address |
Bristol |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
|
UK Branch/Trading address |
Retford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
|
UK Branch/Trading address |
Birmingham |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
|
Subsidiary |
Hisings Backa, Västra Götaland |
Sweden |
Textiles - Non Apparel |
14.2 |
16 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Miscellaneous Financial Services |
185.2 |
397 |
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
19.4 |
58 |
|
|
|
Division |
Bradford |
United Kingdom |
Retail (Specialty) |
|
25 |
|
|
|
Branch |
Aberdeen |
United Kingdom |
Miscellaneous Capital Goods |
|
7 |
|
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
|
Recently
acquired (previously owned by Thames Valley Pumps Ltd.).See corporate
structure news on
Axel Johnson Gruppen AB for details |
|||||||
|
Subsidiary |
Almere |
Netherlands |
Engineering Consultants |
23.4 |
50 |
|
|
|
Subsidiary |
Oslo |
Norway |
Miscellaneous Capital Goods |
21.5 |
45 |
|
|
|
Subsidiary |
Allerod |
Denmark |
Miscellaneous Capital Goods |
0.0 |
25 |
|
|
|
Subsidiary |
Vantaa |
Finland |
Miscellaneous Capital Goods |
|
20 |
|
|
|
Subsidiary |
Alcobendas, Madrid |
Spain |
Miscellaneous Capital Goods |
9.7 |
23 |
|
|
|
Subsidiary |
Prague |
Czech Republic |
Investment Services |
|
14 |
|
|
|
Subsidiary |
Arsta |
Sweden |
Miscellaneous Capital Goods |
|
10 |
|
|
|
Subsidiary |
Oeiras, Codex |
Portugal |
Miscellaneous Capital Goods |
|
6 |
|
|
|
Division |
Stockholm |
Sweden |
Miscellaneous Financial Services |
191.1 |
385 |
|
|
|
Subsidiary |
Jonkoping |
Sweden |
Auto and Truck Parts |
30.3 |
120 |
|
|
|
Subsidiary |
Taby |
Sweden |
Auto and Truck Parts |
34.2 |
70 |
|
|
|
Subsidiary |
Norrkoping |
Sweden |
Auto and Truck Parts |
29.2 |
54 |
|
|
|
Subsidiary |
Hassleholm |
Sweden |
Auto and Truck Manufacturers |
22.0 |
40 |
|
|
|
Subsidiary |
Upplands Vasby |
Sweden |
Auto and Truck Parts |
18.7 |
40 |
|
|
|
Subsidiary |
Malmo |
Sweden |
Fabricated Plastic and Rubber |
9.0 |
34 |
|
|
|
Subsidiary |
Malmo |
Sweden |
Business Services |
21.8 |
25 |
|
|
|
Division |
Stockholm |
Sweden |
Miscellaneous Financial Services |
94.6 |
110 |
|
|
|
Division |
Stockholm |
Sweden |
Photography |
35.1 |
50 |
|
|
|
Subsidiary |
Oslo |
Norway |
Communications Services |
10.4 |
34 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
La Salle, QC |
Canada |
Containers and Packaging |
1.1 |
100 |
|
|
|
Subsidiary |
Calgary, AB |
Canada |
Business Services |
28.9 |
80 |
|
|
|
Subsidiary |
Kwai Chung |
Hong Kong |
Coal |
1.0 |
50 |
|
|
|
Subsidiary |
Zellik |
Belgium |
Communications Equipment |
|
40 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Real Estate Operations |
|
16 |
|
|
|
Subsidiary |
Trebur, Hessen |
Germany |
Miscellaneous Fabricated Products |
|
15 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Business Services |
0.1 |
4 |
|
|
|
Subsidiary |
Copenhagen, Vidbaek |
Denmark |
Scientific and Technical Instruments |
|
4 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Business Services |
|
|
|
|
|
Subsidiary |
Warsaw |
Poland |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
Investment Services |
|
|
|
|
|
Subsidiary |
Paris |
France |
Investment Services |
|
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
New York, NY |
United States |
Investment Services |
2,300.0 |
1,000 |
|
|
|
Holding |
Portsmouth, NH |
United States |
Oil and Gas Operations |
3,797.4 |
425 |
|
|
|
Subsidiary |
Portsmouth, NH |
United States |
Oil and Gas Operations |
|
425 |
|
|
|
Subsidiary |
Newington, NH |
United States |
Oil and Gas Operations |
912.0 |
425 |
|
|
|
Branch |
Purchase, NY |
United States |
Oil and Gas Operations |
300.0 |
60 |
|
|
|
Branch |
Searsport, ME |
United States |
Oil and Gas Operations |
155.8 |
32 |
|
|
|
Branch |
South Portland, ME |
United States |
Oil and Gas Operations |
87.6 |
18 |
|
|
|
Branch |
Quincy, MA |
United States |
Oil and Gas Operations |
48.7 |
10 |
|
|
|
Branch |
Newington, NH |
United States |
Oil and Gas Operations |
48.7 |
10 |
|
|
|
Branch |
Providence, RI |
United States |
Oil and Gas Operations |
43.8 |
9 |
|
|
|
Branch |
West Harrison, NY |
United States |
Oil and Gas Operations |
39.0 |
8 |
|
|
|
Branch |
Portland, ME |
United States |
Oil and Gas Operations |
39.0 |
8 |
|
|
|
Branch |
Jamaica, NY |
United States |
Oil and Gas Operations |
39.0 |
8 |
|
|
|
Branch |
Flushing, NY |
United States |
Oil and Gas Operations |
39.0 |
8 |
|
|
|
Branch |
Newark, NJ |
United States |
Oil and Gas Operations |
39.0 |
8 |
|
|
|
Branch |
Ardsley, NY |
United States |
Oil and Gas Operations |
39.0 |
8 |
|
|
|
Branch |
Inwood, NY |
United States |
Oil and Gas Operations |
39.0 |
8 |
|
|
|
Branch |
Rensselaer, NY |
United States |
Oil and Gas Operations |
34.1 |
7 |
|
|
|
Branch |
Newington, NH |
United States |
Oil and Gas Operations |
29.2 |
6 |
|
|
|
Branch |
Everett, MA |
United States |
Oil and Gas Operations |
24.3 |
5 |
|
|
|
Branch |
Oceanside, NY |
United States |
Oil and Gas Operations |
24.3 |
5 |
|
|
|
Branch |
Chatham, NJ |
United States |
Oil and Gas Operations |
19.5 |
4 |
|
|
|
Branch |
South Portland, ME |
United States |
Oil and Gas Operations |
19.5 |
4 |
|
|
|
Branch |
Searsport, ME |
United States |
Oil and Gas Operations |
19.5 |
4 |
|
|
|
Branch |
Port Chester, NY |
United States |
Oil and Gas Operations |
12.5 |
4 |
|
|
|
Branch |
Oswego, NY |
United States |
Oil and Gas Operations |
12.5 |
4 |
|
|
|
Branch |
Mt Vernon, NY |
United States |
Oil and Gas Operations |
14.6 |
3 |
|
|
|
Branch |
Quincy, MA |
United States |
Oil and Gas Operations |
9.7 |
2 |
|
|
|
Branch |
Stamford, CT |
United States |
Oil and Gas Operations |
6.3 |
2 |
|
|
|
Branch |
Belle Vernon, PA |
United States |
Oil and Gas Operations |
4.9 |
1 |
|
|
|
Branch |
Milford, MA |
United States |
Oil and Gas Operations |
4.9 |
1 |
|
|
|
Subsidiary |
Newbury, OH |
United States |
Water Utilities |
|
300 |
|
|
|
Branch |
Albuquerque, NM |
United States |
Business Services |
45.5 |
350 |
|
|
|
Branch |
Ceresco, NE |
United States |
Business Services |
7.8 |
60 |
|
|
|
Branch |
Cleona, PA |
United States |
Business Services |
5.2 |
40 |
|
|
|
Branch |
Warsaw, IN |
United States |
Business Services |
5.2 |
40 |
|
|
|
Branch |
Las Vegas, NV |
United States |
Business Services |
4.3 |
33 |
|
|
|
Branch |
Indianapolis, IN |
United States |
Business Services |
3.9 |
30 |
|
|
|
Branch |
Corning, NY |
United States |
Business Services |
3.9 |
30 |
|
|
|
Branch |
Oakdale, MN |
United States |
Business Services |
3.3 |
25 |
|
|
|
Branch |
Manchester, NH |
United States |
Business Services |
3.0 |
23 |
|
|
|
Branch |
Canal Winchester, OH |
United States |
Business Services |
2.7 |
21 |
|
|
|
Branch |
Lutz, FL |
United States |
Business Services |
2.6 |
20 |
|
|
|
Branch |
Naples, FL |
United States |
Business Services |
2.6 |
20 |
|
|
|
Branch |
St Paul, MN |
United States |
Business Services |
2.6 |
20 |
|
|
|
Branch |
Chandler, AZ |
United States |
Business Services |
2.6 |
20 |
|
|
|
Branch |
Titusville, FL |
United States |
Business Services |
2.6 |
20 |
|
|
|
Branch |
Concord, CA |
United States |
Business Services |
2.3 |
18 |
|
|
|
Branch |
Muncie, IN |
United States |
Business Services |
2.1 |
16 |
|
|
|
Branch |
Whittier, CA |
United States |
Business Services |
2.0 |
15 |
|
|
|
Branch |
Bedford, VA |
United States |
Business Services |
2.0 |
15 |
|
|
|
Branch |
Arden, NC |
United States |
Business Services |
1.8 |
14 |
|
|
|
Branch |
Gloucester, VA |
United States |
Business Services |
1.8 |
14 |
|
|
|
Branch |
Newbury, OH |
United States |
Business Services |
1.8 |
14 |
|
|
|
Branch |
Anaheim, CA |
United States |
Business Services |
1.6 |
12 |
|
|
|
Branch |
La Porte, IN |
United States |
Business Services |
1.3 |
10 |
|
|
|
Branch |
Newport, NC |
United States |
Business Services |
1.3 |
10 |
|
|
|
Branch |
Goleta, CA |
United States |
Business Services |
1.3 |
10 |
|
|
|
Branch |
Laurys Station, PA |
United States |
Business Services |
1.3 |
10 |
|
|
|
Branch |
Twin Falls, ID |
United States |
Business Services |
1.0 |
8 |
|
|
|
Branch |
Vincennes, IN |
United States |
Business Services |
1.0 |
8 |
|
|
|
Branch |
Venice, FL |
United States |
Business Services |
1.0 |
8 |
|
|
|
Branch |
Sauk Rapids, MN |
United States |
Business Services |
0.9 |
7 |
|
|
|
Branch |
Bellefontaine, OH |
United States |
Business Services |
0.9 |
7 |
|
|
|
Branch |
Logansport, IN |
United States |
Business Services |
0.9 |
7 |
|
|
|
Branch |
Holiday Island, AR |
United States |
Business Services |
0.9 |
7 |
|
|
|
Branch |
Toledo, OH |
United States |
Business Services |
0.9 |
7 |
|
|
|
Branch |
Draper, UT |
United States |
Business Services |
0.9 |
7 |
|
|
|
Branch |
Modesto, CA |
United States |
Business Services |
0.9 |
7 |
|
|
|
Branch |
Yuma, AZ |
United States |
Business Services |
0.9 |
7 |
|
|
|
Branch |
Albuquerque, NM |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Tracy, CA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Gainesville, FL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Greensboro, NC |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Kalamazoo, MI |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Stuart, FL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Brighton, MI |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Fruita, CO |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Orlando, FL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Lynchburg, VA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Hudson, FL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Council Bluffs, IA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Johnsburg, IL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Red Bud, IL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Grabill, IN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Melbourne, FL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Campbell, CA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Lenoir City, TN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Kalispell, MT |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Osage Beach, MO |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Hamilton, MT |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Machesney Park, IL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
West Fargo, ND |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Auburn, CA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Glendora, CA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Hayden, ID |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Moses Lake, WA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Tucson, AZ |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Clarkston, MI |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Clearwater, FL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Venice, FL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Davenport, IA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
New Ulm, MN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Flagstaff, AZ |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Sterling, CO |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Madison, CT |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Hiawatha, IA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Elkhart, IN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Anchor Point, AK |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Minturn, CO |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Chesapeake, VA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Midland, TX |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Plymouth, IN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Grandview, WA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Meridian, ID |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Kennewick, WA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Morehead City, NC |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Kokomo, IN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Fishers, IN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Perham, MN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Charlottesville, VA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Marion, OH |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Union City, CA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Fairfield, CA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Norwich, CT |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Jackson, MI |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Potsdam, NY |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Hardy, VA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Dundee, FL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Roanoke, VA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Cape Coral, FL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Manassas, VA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Kendallville, IN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Centennial, CO |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Three Rivers, MI |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Phoenix, AZ |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Bonita Springs, FL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Eau Claire, WI |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Leavenworth, KS |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Warrior, AL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Coralville, IA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Provo, UT |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Lubbock, TX |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Lubbock, TX |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Huntsville, AL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Huntsville, AL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Sauk Rapids, MN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
St David, AZ |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Pine Grove, CA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Santa Fe, NM |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Waynesboro, VA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Austin, MN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Hayward, WI |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Myerstown, PA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Pocatello, ID |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Cody, WY |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Green Lake, WI |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Midland, TX |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
San Antonio, TX |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Perham, MN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Bradenton, FL |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Marysville, OH |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Park City, UT |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Sedona, AZ |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Palm Desert, CA |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Lafayette, IN |
United States |
Business Services |
0.8 |
6 |
|
|
|
Branch |
Venice, FL |
United States |
Business Services |
2.6 |
5 |
|
|
|
Branch |
Leesburg, FL |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
Prescott Valley, AZ |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
Lafayette, IN |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
Crawfordsville, IN |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
Raleigh, NC |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
Placerville, CA |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
Winter Haven, FL |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
West Des Moines, IA |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
San Antonio, TX |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
St Ann, MO |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
Marysville, OH |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
Guntersville, AL |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
Beavercreek, OH |
United States |
Business Services |
0.7 |
5 |
|
|
|
Branch |
Ann Arbor, MI |
United States |
Business Services |
0.5 |
4 |
|
|
|
Branch |
Omaha, NE |
United States |
Business Services |
0.5 |
4 |
|
|
|
Branch |
Brainerd, MN |
United States |
Business Services |
0.5 |
4 |
|
|
|
Branch |
Bemidji, MN |
United States |
Business Services |
0.5 |
4 |
|
|
|
Branch |
Sarasota, FL |
United States |
Business Services |
0.7 |
3 |
|
|
|
Branch |
Zanesville, OH |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Brainerd, MN |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Sioux City, IA |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
St George, UT |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Riverside, CA |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Spokane Valley, WA |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Sparta, NJ |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Fredericksburg, VA |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Murfreesboro, TN |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Postville, IA |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Willmar, MN |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Siren, WI |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Detroit Lakes, MN |
United States |
Business Services |
0.4 |
3 |
|
|
|
Subsidiary |
Syracuse, IN |
United States |
Business Services |
0.4 |
3 |
|
|
|
Subsidiary |
Waitsfield, VT |
United States |
Business Services |
0.4 |
3 |
|
|
|
Branch |
Lehigh Acres, FL |
United States |
Business Services |
0.3 |
2 |
|
|
|
Branch |
Smithfield, UT |
United States |
Business Services |
0.3 |
2 |
|
|
|
Branch |
Oreana, IL |
United States |
Business Services |
0.3 |
2 |
|
|
|
Branch |
Alamogordo, NM |
United States |
Business Services |
0.3 |
2 |
|
|
|
Branch |
Wauseon, OH |
United States |
Business Services |
0.3 |
2 |
|
|
|
Branch |
Mountain Home, AR |
United States |
Business Services |
0.3 |
2 |
|
|
|
Branch |
Sioux Falls, SD |
United States |
Business Services |
0.1 |
1 |
|
|
|
Branch |
Tuttle, OK |
United States |
Business Services |
0.1 |
1 |
|
|
|
Branch |
Marshall, MN |
United States |
Business Services |
0.1 |
1 |
|
|
|
Branch |
Morris, MN |
United States |
Business Services |
0.1 |
1 |
|
|
|
Branch |
Huntington, IN |
United States |
Business Services |
0.1 |
1 |
|
|
|
Branch |
Avon, IN |
United States |
Business Services |
0.1 |
1 |
|
|
|
Branch |
Fergus Falls, MN |
United States |
Business Services |
0.1 |
1 |
|
|
|
Holding |
Fort Lauderdale, FL |
United States |
Business Services |
40.0 |
150 |
|
|
|
Branch |
Libertyville, IL |
United States |
Waste Management Services |
0.9 |
4 |
|
|
|
Subsidiary |
Pointe-Claire, QC |
Canada |
Miscellaneous Capital Goods |
|
2 |
|
|
|
Branch |
Charlottesville, VA |
United States |
Oil and Gas Operations |
43.8 |
9 |
|
|
|
Subsidiary |
Pointe-Claire, QC |
Canada |
Waste Management Services |
|
2 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Rental and Leasing |
38.4 |
40 |
|
|
Executive report
|
Board of Directors |
|
|
|
|
|||
|
Chairman |
Chairman |
|
|||
|
Employee Representative |
Director/Board Member |
|
|||
|
Director |
Director/Board Member |
|
|||
|
Director |
Director/Board Member |
|
|||
|
Director |
Director/Board Member |
|
|||
|
ledamot |
Director/Board Member |
|
|||
|
Employee Representative |
Director/Board Member |
|
|||
|
Employee Representative |
Director/Board Member |
|
|||
|
Director |
Director/Board Member |
|
|
Executives |
|
|
|
|
|||
|
Verkställande direktör |
Chief Executive Officer |
|
|||
|
President |
President |
|
|||
|
Miljöchef |
Environment/Safety Executive |
|
|||
|
Administration Executive |
Administration Executive |
|
|||
|
Director-Finance |
Finance Executive |
|
|||
|
Finance Manager |
Finance Executive |
|
|||
|
Finance Director |
Finance Executive |
|
|||
|
Human Resources Director |
Human Resources Executive |
|
|||
|
Servicechef |
Customer Service Executive |
|
|||
|
Sales Director |
Sales Executive |
|
|||
|
Marknadschef |
Marketing Executive |
|
|||
|
Presschef |
Corporate Communications Executive |
|
|||
|
IT chef |
Information Executive |
|
|||
|
Inköps & utvecklingschef |
Research & Development Executive |
|
|||
|
affärsutveckling |
Research & Development Executive |
|
|||
|
Logistics Director |
Logistics Executive |
|
|||
|
hem |
Purchasing Executive |
|
|||
|
Purchasing Executive |
Purchasing Executive |
|
|||
|
Purchasing Director |
Purchasing Executive |
|
|||
|
media |
Purchasing Executive |
|
|||
|
mode |
Purchasing Executive |
|
Annual Profit & Loss
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
SEK |
SEK |
SEK |
|
Exchange Rate
(Period Average) |
7.206564 |
7.645194 |
6.599156 |
|
Consolidated |
Yes |
Yes |
Yes |
|
|
|
|
|
|
Total Revenue |
923.8 |
811.2 |
877.2 |
|
Gross Profit |
48.1 |
48.6 |
52.9 |
|
Net Financial Items |
-1.6 |
-1.3 |
-2.8 |
|
Operating Income |
24.3 |
29.5 |
31.3 |
|
Income Before Tax |
22.7 |
28.2 |
28.4 |
|
Net Income |
16.4 |
25.2 |
19.6 |
Annual Balance
Sheet
Financials in: USD (mil)
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
Filed Currency |
SEK |
SEK |
SEK |
|
Exchange Rate |
6.72285 |
7.1401 |
7.90795 |
|
Consolidated |
Yes |
Yes |
Yes |
|
|
|
|
|
|
Total Assets |
418.1 |
311.7 |
308.1 |
|
Provisions |
25.0 |
- |
- |
|
Total Liabilities |
256.8 |
189.5 |
196.4 |
|
Total Equity |
136.4 |
122.2 |
111.6 |
Annual Ratios
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
- |
- |
- |
|
Exchange Rate |
- |
- |
- |
|
Consolidated |
Yes |
Yes |
Yes |
|
|
|
|
|
|
Operating Margin |
2.63 |
3.64 |
3.60 |
|
Current Ratio |
125.49 |
140.31 |
133.52 |
|
Total debt/total equity |
36.92 |
39.20 |
36.24 |
|
Return on average equity |
15.78 |
24.73 |
21.24 |
Annual Growth
Rates
|
|
31-Dec-2009 |
31-Dec-2008 |
|
Period Length |
12 Months |
12 Months |
|
Filed Currency |
- |
- |
|
Exchange Rate |
- |
- |
|
Consolidated |
Yes |
Yes |
|
|
|
|
|
Turnover Percent Change |
7.34% |
7.14% |
|
Marginal Contribution Percent Change |
-6.70% |
6.54% |
|
Net Financial Items Percent Change |
-17.71% |
48.94% |
|
Operating Results Percent Change |
-22.33% |
9.21% |
|
Profit/Loss Before Tax Percent Change |
-24.11% |
15.04% |
|
Profit/Loss for the Year Percent Change |
-38.62% |
49.03% |
|
Assets Percent Change |
26.31% |
-8.66% |
|
Debts Percent Change |
27.58% |
-12.90% |
|
Equity Capital Percent Change |
5.09% |
-1.20% |
|
Operating Margin Percent Change |
-27.75% |
1.11% |
|
Current Ratio Percent Change |
-10.56% |
5.09% |
|
Debt/Equity Ratio Percent Change |
-5.82% |
8.17% |
|
Retun On Equity Percent Change |
-36.19% |
16.43% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.89 |
|
UK Pound |
1 |
Rs.88.63 |
|
Euro |
1 |
Rs.70.03 |
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.