MIRA INFORM REPORT
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Report Date : |
08.09.2012 |
IDENTIFICATION DETAILS
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Name : |
STORA ENSO KVARNSVEDEN AB |
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Registered Office : |
Kvarnsveden Mill Borlänge, 781 83 |
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Country : |
Sweden |
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Financials (as on) : |
31.12.2010 |
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Year of Establishment : |
1923 |
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Com. Reg. No.: |
5560216722 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Manufacture of paper and paperboard |
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No. of Employees : |
800 |
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RATING & COMMENTS
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MIRAs Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Sweden |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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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 and address
Stora Enso Kvarnsveden AB
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Business
Description
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Stora Enso Kvarnsveden AB is primarily engaged in performing one or more
of the following activities associated with making products designed for
purposes other than packaging: (1) cutting and coating paper; (2) cutting and
laminating paper and other flexible materials (except plastics film to
plastics film); and (3) laminating aluminum and other metal foils for nonpackaging uses from purchased foils. The products made
in this industry are made from purchased sheet materials and may be printed
in the same establishment. |
Industry
|
Industry |
Paper and Paper Products |
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ANZSIC 2006: |
1510 - Pulp, Paper and Paperboard
Manufacturing |
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NACE 2002: |
2112 - Manufacture of paper and paperboard
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NAICS 2002: |
322121 - Paper (except Newsprint) Mills |
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UK SIC 2003: |
2112 - Manufacture of paper and paperboard
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UK SIC 2007: |
1712 - Manufacture of paper and paperboard
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US SIC 1987: |
2621 - Paper Mills |
Key Executives
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1 - Profit &
Loss Item Exchange Rate: USD 1 = SEK 7.206564
2 - Balance Sheet Item Exchange Rate: USD 1 = SEK 6.72285
Corporate Overview
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Corporate Structure News
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Stora Enso Kvarnsveden AB |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Helsinki |
Finland |
Paper and Paper Products |
15,246.2 |
29,226 |
|
|
Subsidiary |
Ostroleka |
Poland |
Paper and Paper Products |
322.6 |
1,765 |
|
|
Subsidiary |
Lodz |
Poland |
Paper and Paper Products |
|
254 |
|
|
Subsidiary |
Tychy |
Poland |
Paper and Paper Products |
|
99 |
|
|
Subsidiary |
Lodz |
Poland |
Trucking |
7.6 |
32 |
|
|
Subsidiary |
Ettlingen, Baden-Württemberg |
Germany |
Office Supplies |
|
1,150 |
|
|
Subsidiary |
Thalwil |
Switzerland |
Office Supplies |
202.7 |
229 |
|
|
Subsidiary |
Essen |
Germany |
Miscellaneous Capital Goods |
91.2 |
100 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Miscellaneous Capital Goods |
0.0 |
|
|
|
Subsidiary |
Ettlingen, Baden-Württemberg |
Germany |
Miscellaneous Capital Goods |
40.2 |
1,030 |
|
|
Subsidiary |
Skoghall |
Sweden |
Paper and Paper Products |
764.7 |
984 |
|
|
Subsidiary |
Wisconsin Rapids, WI |
United States |
Paper and Paper Products |
651.9 |
973 |
|
|
Subsidiary |
Hagen, Nordrhein-Westfalen |
Germany |
Paper and Paper Products |
|
800 |
|
|
Subsidiary |
Nymlla |
Sweden |
Paper and Paper Products |
459.9 |
750 |
|
|
Joint Venture |
Suzhou City, Jiang Su |
China |
Miscellaneous Capital Goods |
160.6 |
750 |
|
|
Subsidiary |
Suzhou |
China |
Containers and Packaging |
|
560 |
|
|
Subsidiary |
Helsinki |
Finland |
Forestry and Wood Products |
316.9 |
524 |
|
|
Subsidiary |
Brand |
Austria |
Forestry and Wood Products |
458.0 |
791 |
|
|
Subsidiary |
Kerava |
Finland |
Construction - Supplies and Fixtures |
256.9 |
171 |
|
|
Subsidiary |
Palkane |
Finland |
Construction - Supplies and Fixtures |
13.2 |
30 |
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Capital Goods |
|
5 |
|
|
Subsidiary |
Laverton North, VIC |
Australia |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Koper |
Slovenia |
Miscellaneous Capital Goods |
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|
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|
Subsidiary |
Ybbs an der Donau |
Austria |
Miscellaneous Capital Goods |
|
|
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|
Subsidiary |
Bad Sankt Leonhard |
Austria |
Forestry and Wood Products |
|
260 |
|
|
Subsidiary |
Murow |
Poland |
Miscellaneous Capital Goods |
|
30 |
|
|
Subsidiary |
Zdirec |
Czech Republic |
Miscellaneous Capital Goods |
173.6 |
|
|
|
Subsidiary |
Bratislava |
Slovakia |
Miscellaneous Capital Goods |
|
|
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|
Subsidiary |
Helsinki |
Finland |
Containers and Packaging |
|
500 |
|
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Subsidiary |
Wavre |
Belgium |
Containers and Packaging |
|
500 |
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Subsidiary |
Helsinki |
Finland |
Paper and Paper Products |
529.7 |
490 |
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Subsidiary |
Uetersen, Schleswig-Holstein |
Germany |
Containers and Packaging |
152.9 |
430 |
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Subsidiary |
Skutskär |
Sweden |
Paper and Paper Products |
416.3 |
394 |
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Subsidiary |
Skutskar |
Sweden |
Paper and Paper Products |
|
700 |
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Subsidiary |
Figueira da Foz, Coimbra |
Portugal |
Paper and Paper Products |
437.4 |
240 |
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Subsidiary |
Amoreira Obd, Óbidos |
Portugal |
Forestry and Wood Products |
1.6 |
11 |
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Subsidiary |
Lisboa, Lisboa |
Portugal |
Commercial Banks |
0.0 |
|
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Subsidiary |
Lisboa |
Portugal |
Paper and Paper Products |
98.7 |
221 |
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Subsidiary |
Vila Velha De Ródão, Vila Velha De Rodão |
Portugal |
Paper and Paper Products |
121.6 |
186 |
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Subsidiary |
Lisboa, Lisboa |
Portugal |
Forestry and Wood Products |
43.5 |
32 |
|
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Subsidiary |
Aguada De Cima, gueda |
Portugal |
Waste Management Services |
7.9 |
22 |
|
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Subsidiary |
Gent |
Belgium |
Paper and Paper Products |
389.3 |
394 |
|
|
Subsidiary |
Tisselt |
Belgium |
Paper and Paper Products |
66.5 |
31 |
|
|
Subsidiary |
Saintes |
Belgium |
Miscellaneous Capital Goods |
6.6 |
28 |
|
|
Subsidiary |
Hasselt |
Belgium |
Retail (Specialty) |
2.5 |
|
|
|
Subsidiary |
Eilenburg |
Germany |
Forestry and Wood Products |
|
380 |
|
|
Subsidiary |
Brebières |
France |
Paper and Paper Products |
242.4 |
351 |
|
|
Subsidiary |
Uimaharju |
Finland |
Paper and Paper Products |
365.5 |
320 |
|
|
Subsidiary |
Eilenburg, Sachsen |
Germany |
Paper and Paper Products |
187.2 |
320 |
|
|
Subsidiary |
Balabanovo, Kaluzhskaya
Oblast |
Russian Federation |
Containers and Packaging |
|
315 |
|
|
Subsidiary |
Arapoti, Parana |
Brazil |
Forestry and Wood Products |
34.9 |
300 |
|
|
Subsidiary |
Dusseldorf |
Germany |
Forestry and Wood Products |
|
300 |
|
|
Subsidiary |
Anjalankoski |
Finland |
Paper and Paper Products |
234.4 |
271 |
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|
Subsidiary |
Lahti |
Finland |
Paper and Paper Products |
89.5 |
271 |
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Subsidiary |
Krefeld, Nordrhein-Westfalen |
Germany |
Paper and Paper Products |
36.8 |
140 |
|
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Subsidiary |
Saint-Seurin-sur-l-Isle |
France |
Paper and Paper Products |
|
87 |
|
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Subsidiary |
Edam |
Netherlands |
Containers and Packaging |
|
60 |
|
|
Subsidiary |
Wisconsin Rapids, WI |
United States |
Paper and Paper Products |
|
|
|
|
Subsidiary |
Castellbisbal, Barcelona |
Spain |
Paper and Paper Products |
196.9 |
267 |
|
|
Subsidiary |
Pitkyaranta |
Russian Federation |
Forestry and Wood Products |
17.8 |
261 |
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Business Services |
165.4 |
230 |
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Paper and Paper Products |
676.6 |
1,300 |
|
|
Subsidiary |
Karlsruhe, Baden-Württemberg |
Germany |
Paper and Paper Products |
380.1 |
604 |
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Business Services |
416.1 |
45 |
|
|
Subsidiary |
Bochum, Nordrhein-Westfalen |
Germany |
Paper and Paper Products |
24.5 |
17 |
|
|
Subsidiary |
Pantin |
France |
Miscellaneous Capital Goods |
177.2 |
224 |
|
|
Subsidiary |
Stockholm |
Sweden |
Paper and Paper Products |
8.9 |
223 |
|
|
Subsidiary |
Borlänge |
Sweden |
Paper and Paper Products |
609.4 |
800 |
|
|
Subsidiary |
Hyltebruk |
Sweden |
Paper and Paper Products |
471.1 |
788 |
|
|
Subsidiary |
Fors |
Sweden |
Paper and Paper Products |
465.0 |
676 |
|
|
Subsidiary |
Falun |
Sweden |
Forestry and Wood Products |
344.7 |
377 |
|
|
Subsidiary |
Arapoti, PA |
Brazil |
Paper and Paper Products |
232.7 |
350 |
|
|
Subsidiary |
Düsseldorf |
Germany |
Paper and Paper Products |
1.0 |
300 |
|
|
Subsidiary |
Nanterre |
France |
Office Supplies |
125.0 |
100 |
|
|
Subsidiary |
Luebeck |
Germany |
Printing Services |
|
30 |
|
|
Subsidiary |
Hamburg |
Germany |
Printing Services |
|
20 |
|
|
Subsidiary |
Shanghai |
China |
Office Supplies |
1.0 |
15 |
|
|
Subsidiary |
Tokyo |
Japan |
Forestry and Wood Products |
1.0 |
|
|
|
Subsidiary |
Norrsundet |
Sweden |
Paper and Paper Products |
450.0 |
|
|
|
Subsidiary |
Norrsundet |
Sweden |
Business Services |
26.3 |
284 |
|
|
Subsidiary |
Monchengladbach |
Germany |
Paper and Paper Products |
10.0 |
|
|
|
Subsidiary |
Hagen |
Germany |
Paper and Paper Products |
450.0 |
|
|
|
Subsidiary |
Falun |
Sweden |
Electric Utilities |
250.0 |
|
|
|
Subsidiary |
Wapenveld |
Netherlands |
Paper and Paper Products |
175.0 |
|
|
|
Subsidiary |
Dubendorf |
Switzerland |
Containers and Packaging |
|
|
|
|
Subsidiary |
Dusseldorf |
Germany |
Forestry and Wood Products |
1,750.0 |
220 |
|
|
Subsidiary |
Dusseldorf |
Germany |
Office Supplies |
|
300 |
|
|
Holding |
Helsinki |
Finland |
Forestry and Wood Products |
|
200 |
|
|
Subsidiary |
Kemi |
Finland |
Forestry and Wood Products |
|
1,500 |
|
|
Subsidiary |
Kallo |
Belgium |
Paper and Paper Products |
|
115 |
|
|
Subsidiary |
Páty |
Hungary |
Containers and Packaging |
46.0 |
187 |
|
|
Subsidiary |
Jönkping |
Sweden |
Construction - Supplies and Fixtures |
338.4 |
142 |
|
|
Subsidiary |
Åhus, Skåne |
Sweden |
Forestry and Wood Products |
14.6 |
7 |
|
|
Subsidiary |
Oulu |
Finland |
Business Services |
23.6 |
128 |
|
|
Subsidiary |
Helsinki |
Finland |
Forestry and Wood Products |
138.2 |
120 |
|
|
Subsidiary |
Lahti |
Finland |
Paper and Paper Products |
|
400 |
|
|
Subsidiary |
Jönkping |
Sweden |
Containers and Packaging |
143.2 |
443 |
|
|
Subsidiary |
Paty |
Hungary |
Paper and Paper Products |
|
200 |
|
|
Subsidiary |
Riga |
Latvia |
Paper and Paper Products |
|
130 |
|
|
Subsidiary |
Harjumaa |
Estonia |
Paper and Paper Products |
|
36 |
|
|
Subsidiary |
Imatra |
Finland |
Forestry and Wood Products |
|
100 |
|
|
Subsidiary |
Lahti |
Finland |
Containers and Packaging |
6.0 |
39 |
|
|
Subsidiary |
Lahti |
Finland |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Lahti |
Finland |
Paper and Paper Products |
|
|
|
|
Division |
Imatra |
Finland |
Forestry and Wood Products |
|
2,200 |
|
|
Division |
Lahti |
Finland |
Forestry and Wood Products |
|
425 |
|
|
Subsidiary |
Pfarrkirchen, Bayern |
Germany |
Construction - Supplies and Fixtures |
88.8 |
100 |
|
|
Subsidiary |
Moscow |
Russian Federation |
Paper and Paper Products |
60.0 |
100 |
|
|
Subsidiary |
Causeway Bay, Hong Kong Island |
Hong Kong |
Paper and Paper Products |
36.0 |
100 |
|
|
Subsidiary |
Las Condes, Santiago |
Chile |
Paper and Paper Products |
31.0 |
100 |
|
|
Subsidiary |
Kallo (Kieldrecht) |
Belgium |
Office Supplies |
17.6 |
96 |
|
|
Subsidiary |
Cape Town |
South Africa |
Containers and Packaging |
31.0 |
80 |
|
|
Subsidiary |
Vientiane |
Lao People's Democratic Republic |
Forestry and Wood Products |
|
80 |
|
|
Subsidiary |
Nanterre |
France |
Containers and Packaging |
14.8 |
79 |
|
|
Subsidiary |
Wien |
Austria |
Office Supplies |
1.0 |
11 |
|
|
Subsidiary |
Ettlingen, Baden-Württemberg |
Germany |
Office Supplies |
|
70 |
|
|
Subsidiary |
Orpington |
United Kingdom |
Paper and Paper Products |
10.7 |
67 |
|
|
Subsidiary |
Bolton |
United Kingdom |
Paper and Paper Products |
17.2 |
66 |
|
|
UK Branch/Trading address |
Bolton |
United Kingdom |
Containers and Packaging |
17.2 |
20 |
|
|
Subsidiary |
Riga |
Latvia |
Paper and Paper Products |
|
65 |
|
|
Subsidiary |
Zdirec |
Czech Republic |
Construction - Supplies and Fixtures |
42.6 |
55 |
|
|
Subsidiary |
Falun |
Sweden |
Forestry and Wood Products |
|
55 |
|
|
Subsidiary |
Falun |
Sweden |
Forestry and Wood Products |
|
50 |
|
|
Subsidiary |
Falun |
Sweden |
Forestry and Wood Products |
1,029.8 |
543 |
|
|
Subsidiary |
Linkoping |
Sweden |
Forestry and Wood Products |
131.8 |
12 |
|
|
Subsidiary |
Baienfurt, Baden-Württemberg |
Germany |
Paper and Paper Products |
11.1 |
40 |
|
|
Subsidiary |
Bassens |
France |
Construction - Supplies and Fixtures |
65.3 |
34 |
|
|
Subsidiary |
Sao Paulo |
Brazil |
Containers and Packaging |
|
32 |
|
|
Subsidiary |
Lubeck |
Germany |
Miscellaneous Transportation |
|
30 |
|
|
Subsidiary |
Lodz |
Poland |
Miscellaneous Transportation |
|
30 |
|
|
Subsidiary |
Amsterdam Zuidoost, Noord-Holland |
Netherlands |
Miscellaneous Capital Goods |
384.3 |
27 |
|
|
Subsidiary |
Amsterdam, Noord-Holland |
Netherlands |
Construction - Raw Materials |
33.4 |
|
|
|
Subsidiary |
Amsterdam Zuidoost, Noord-Holland |
Netherlands |
Paper and Paper Products |
|
|
|
|
Subsidiary |
Madrid |
Spain |
Containers and Packaging |
5.1 |
26 |
|
|
Subsidiary |
Madrid |
Spain |
Paper and Paper Products |
3.2 |
7 |
|
|
Subsidiary |
Gothenburg |
Sweden |
Business Services |
571.4 |
25 |
|
|
Subsidiary |
Stamford, CT |
United States |
Containers and Packaging |
|
25 |
|
|
Subsidiary |
Olonets |
Russian Federation |
Forestry and Wood Products |
12.5 |
23 |
|
|
Subsidiary |
Orpington |
United Kingdom |
Business Services |
|
20 |
|
|
Subsidiary |
Stowmarket |
United Kingdom |
Paper and Paper Products |
8.7 |
65 |
|
|
Subsidiary |
Tilbury |
United Kingdom |
Trucking |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Glasgow |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Orpington |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Orpington |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Orpington |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Containers and Packaging |
|
20 |
|
|
Subsidiary |
Moscow |
Russian Federation |
Containers and Packaging |
|
20 |
|
|
Subsidiary |
Vimodrone, Milan |
Italy |
Containers and Packaging |
4.6 |
19 |
|
|
Subsidiary |
Singapore |
Singapore |
Containers and Packaging |
|
16 |
|
|
Subsidiary |
Beijing |
China |
Forestry and Wood Products |
|
15 |
|
|
Subsidiary |
Kolding |
Denmark |
Office Supplies |
3.2 |
14 |
|
|
Subsidiary |
Zurich |
Switzerland |
Containers and Packaging |
|
14 |
|
|
Holding |
Imatra |
Finland |
Retail (Specialty) |
|
13 |
|
|
Subsidiary |
Helsinki |
Finland |
Forestry and Wood Products |
|
|
|
|
Subsidiary |
Amsterdam |
Netherlands |
Containers and Packaging |
|
13 |
|
|
Subsidiary |
North Sydney, NSW |
Australia |
Miscellaneous Capital Goods |
1.7 |
12 |
|
|
Subsidiary |
Athens |
Greece |
Containers and Packaging |
|
12 |
|
|
Subsidiary |
Tokyo |
Japan |
Construction - Supplies and Fixtures |
|
12 |
|
|
Subsidiary |
Warszawa |
Poland |
Containers and Packaging |
1.7 |
10 |
|
|
Subsidiary |
Hawthorn, VIC |
Australia |
Containers and Packaging |
1.7 |
10 |
|
|
Subsidiary |
Kolding |
Denmark |
Construction - Supplies and Fixtures |
|
10 |
|
|
Subsidiary |
Causeway Bay |
Hong Kong |
Containers and Packaging |
|
10 |
|
|
Subsidiary |
Kuala Lumpur |
Malaysia |
Forestry and Wood Products |
31.0 |
8 |
|
|
Subsidiary |
Orpington |
United Kingdom |
Miscellaneous Capital Goods |
30.8 |
7 |
|
|
Subsidiary |
Orpington |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Construction - Supplies and Fixtures |
5.0 |
7 |
|
|
Subsidiary |
Vilnius |
Lithuania |
Construction - Supplies and Fixtures |
|
7 |
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Paper and Paper Products |
|
7 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
10.4 |
6 |
|
|
Subsidiary |
Prague |
Czech Republic |
Forestry and Wood Products |
|
6 |
|
|
Subsidiary |
Vienna |
Austria |
Containers and Packaging |
|
6 |
|
|
Subsidiary |
Stamford, CT |
United States |
Containers and Packaging |
|
3 |
|
|
Subsidiary |
London |
United Kingdom |
|
324.9 |
2 |
|
|
Subsidiary |
Estoril, Cascais |
Portugal |
Miscellaneous Capital Goods |
0.7 |
2 |
|
|
Holding |
Helsinki |
Finland |
Forestry and Wood Products |
|
2 |
|
|
Subsidiary |
Kemi |
Finland |
Forestry and Wood Products |
|
1,400 |
|
|
Subsidiary |
Kotka |
Finland |
Containers and Packaging |
344.9 |
250 |
|
|
Subsidiary |
Saint Petersburg |
Russian Federation |
Forestry and Wood Products |
50.7 |
|
|
|
Subsidiary |
Kotka |
Finland |
Containers and Packaging |
1.5 |
|
|
|
Subsidiary |
Imatra |
Finland |
Electric Utilities |
1.0 |
|
|
|
Subsidiary |
Helsinki |
Finland |
Paper and Paper Products |
|
|
|
|
Subsidiary |
Tallinn |
Estonia |
Paper and Paper Products |
|
|
|
|
Subsidiary |
Kaunas |
Lithuania |
Business Services |
|
|
|
|
Subsidiary |
Budapest |
Hungary |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Containers and Packaging |
|
|
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Office Supplies |
|
|
|
|
Subsidiary |
Warsaw |
Poland |
Paper and Paper Products |
|
|
|
|
Subsidiary |
Tallinn |
Estonia |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Páty |
Hungary |
Business Services |
|
|
|
|
Subsidiary |
Corbehem |
France |
Commercial Banks |
|
|
|
|
Subsidiary |
Gurgaon |
India |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Beirut, Jdeideh |
Lebanon |
Construction - Supplies and Fixtures |
|
|
|
|
Subsidiary |
Saint Petersburg |
Russian Federation |
Forestry and Wood Products |
|
|
|
|
Subsidiary |
Brussels |
Belgium |
Containers and Packaging |
|
|
|
|
Subsidiary |
Kallo |
Belgium |
Miscellaneous Transportation |
|
|
|
|
Subsidiary |
Hamburg |
Germany |
Containers and Packaging |
|
|
|
|
Subsidiary |
Hamburg |
Germany |
Paper and Paper Products |
|
|
|
|
Subsidiary |
Helsinki |
Finland |
Containers and Packaging |
|
|
|
|
Subsidiary |
Mexico |
Mexico |
Containers and Packaging |
|
|
|
|
Subsidiary |
Buenos Aires |
Argentina |
Containers and Packaging |
|
|
|
|
Subsidiary |
Launkalne Paris |
Latvia |
Crops |
|
|
|
|
Subsidiary |
Stockholm |
Sweden |
Construction - Supplies and Fixtures |
|
|
|
|
Subsidiary |
Hagen |
Germany |
Paper and Paper Products |
|
|
|
|
Subsidiary |
Copenhagen |
Denmark |
Paper and Paper Products |
|
|
Executives Report
|
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 |
No |
No |
No |
|
|
|
|
|
|
Total Revenue |
615.6 |
600.8 |
766.0 |
|
Gross Profit |
64.9 |
75.5 |
115.4 |
|
Net Financial Items |
-5.0 |
-12.0 |
-17.0 |
|
Operating Income |
8.8 |
23.6 |
56.0 |
|
Income Before Tax |
29.0 |
-43.3 |
-1.7 |
|
Net Income |
21.0 |
-31.9 |
-0.2 |
|
|
|
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 |
No |
No |
No |
|
|
|
|
|
|
Total Assets |
967.2 |
1,129.3 |
986.1 |
|
Provisions |
588.9 |
580.0 |
470.5 |
|
Total Liabilities |
345.2 |
521.0 |
488.0 |
|
Total Equity |
33.1 |
28.3 |
27.6 |
|
|
|
Annual Ratios |
|
|
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
- |
- |
- |
|
Exchange Rate |
- |
- |
- |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Operating Margin |
1.47 |
4.04 |
8.03 |
|
Current Ratio |
71.08 |
78.33 |
298.61 |
|
Total debt/total equity |
47.26 |
39.49 |
37.16 |
|
Return on average equity |
0.88 |
2.80 |
8.88 |
|
|
|
Annual Growth
Rates |
|
|
|
|
31-Dec-2009 |
31-Dec-2008 |
|
Period Length |
12 Months |
12 Months |
|
Filed Currency |
- |
- |
|
Exchange Rate |
- |
- |
|
Consolidated |
No |
No |
|
|
|
|
|
Turnover Percent Change |
-3.42% |
-9.13% |
|
Marginal Contribution Percent Change |
-19.05% |
-24.20% |
|
Net Financial Items Percent Change |
60.55% |
18.23% |
|
Operating Results Percent Change |
-65.06% |
-51.10% |
|
Profit/Loss Before Tax Percent Change |
163.22% |
-2,935.78% |
|
Profit/Loss for the Year Percent Change |
162.03% |
-22,072.73% |
|
Assets Percent Change |
-19.35% |
3.40% |
|
Provisions Percent Change |
-4.40% |
11.29% |
|
Debts Percent Change |
-37.61% |
-3.60% |
|
Equity Capital Percent Change |
10.19% |
-7.33% |
|
Operating Margin Percent Change |
-63.61% |
-49.69% |
|
Current Ratio Percent Change |
-9.26% |
-73.77% |
|
Debt/Equity Ratio Percent Change |
19.68% |
6.27% |
|
Retun On Equity Percent Change |
-68.57% |
-68.47% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.52 |
|
|
1 |
Rs.88.49 |
|
Euro |
1 |
Rs.70.20 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs 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.