|
Report Date : |
17.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
BILLERUD HOLDING AB |
|
|
|
|
Registered Office : |
Box 703, 16927 SOLNA |
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|
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|
Country : |
Sweden |
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|
|
|
Financials (as on) : |
2011 |
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|
|
|
Date of Incorporation : |
14.12.2011 |
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|
|
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Com. Reg. No.: |
5568762974 |
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|
Legal Form : |
Limited Liability Company |
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|
|
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Line of Business : |
Engage in the timber industry, especially the manufacturing
and sale of pulp and paper, and conduct related business |
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|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Sweden |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
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, but growth slipped
to 1.2% in 2012. The government proposed stimulus measures in 2012 to curb the
effects of a global economic slowdown and boost employment and growth
|
Source : CIA |
|
Business
Name |
Billerud
Holding AB |
|
Country |
SWEDEN |
|
Company
Registration Number |
5568762974 |
|
Main
Activity |
|
|
Activity
Code |
|
|
Company
Status |
Active |
|
Latest
Turnover Figure |
- |
|
Latest
Shareholder Equity Figure |
190.000
SEK |
|
Current Directors |
|||
|
Name |
Appointment Date |
Position |
|
|
Per Gunnar Lindberg |
14/01/2012 |
Actual Member of Board |
|
|
Karin Susanne Lithander |
14/01/2012 |
Substitute |
|
|
Previous Directors |
|||
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Anita Helena Berggren |
14/12/2011 |
Actual Member of Board |
14/01/2012 |
|
Eva Margareta Eljans |
14/12/2011 |
Substitute |
14/01/2012 |
No negative information found
|
Issued Share Capital |
200.000 SEK |
|
Debt
balance at the Swedish Enforcement Agency |
|
|
Number
of Private Claims |
- |
|
Balance
of Private Claims |
- |
|
Number
of Public Claims |
- |
|
Balance
of Public Claims |
- |
|
Total
Balance |
- |
|
Record
of non-payment |
|
|
Number
of distraint attempts and repossessions |
- |
|
Number
of public claims |
- |
|
Number
of private claims |
- |
|
Number
of applications for an order to pay |
- |
|
Number
of reclaimed/revoked applications |
- |
|
Ultimate Holding Parent |
||
|
Ultimate Holding Company Name |
BillerudKorsnäs Aktiebolag
(publ) |
|
|
Ultimate Holding Company Country |
SWEDEN |
5560255001 |
|
Immediate Holding Parent |
|
No information for this
company. |
|
Subsidiary Companies |
||
|
Subsidiary Name |
Country |
Number |
|
No subsidaries for this
company. |
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|
|
Affiliates |
||
|
Affiliate Name |
Country |
Number |
|
No affiliates for this company. |
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|
|
Profit
and Loss |
|
|
Financial
Year |
2011 |
|
Number
of Weeks |
4 |
|
Currency |
SEK |
|
Conslotidated
Accounts |
N |
|
Revenue |
- |
|
Operating
Costs |
10.000 |
|
Operating
Profit |
-10.000 |
|
Wages
& Salaries |
- |
|
Depreciation |
- |
|
Financial
Income |
- |
|
Financial
Expenses |
- |
|
Extraordinary
Income |
- |
|
Extraordinary
Costs |
- |
|
Profit
before Tax |
-10.000 |
|
Tax |
- |
|
Profit
after Tax |
-10.000 |
|
Minority
Interests |
- |
|
Other
Appropriations |
- |
|
Retained
Profit |
-10.000 |
|
Balance
Sheet |
|
|
Financial
Year |
2011 |
|
Number of Weeks |
4 |
|
Currency |
SEK |
|
Consolidated Accounts |
N |
|
Land
& Buildings |
0 |
|
Plant
& Machinery |
0 |
|
Other
Tangible Assets |
0 |
|
Total
Tangible Assets |
0 |
|
Goodwill |
0 |
|
Other
Intangible Assets |
0 |
|
Total
Intangible Assets |
0 |
|
Loans
To Group |
0 |
|
Other
Loans |
0 |
|
Miscellaneous
Fixed Assets |
0 |
|
Total
Other Fixed Assets |
0 |
|
TOTAL
FIXED ASSETS |
0 |
|
Work
In Progress |
0 |
|
Other
Inventories |
0 |
|
Total
Inventories |
0 |
|
Trade
Receivables |
0 |
|
Group
Receivables |
0 |
|
Miscellaneous
Receivables |
0 |
|
Total
Receivables |
0 |
|
Cash |
190.000 |
|
Other
Current Assets |
0 |
|
TOTAL
CURRENT ASSETS |
190.000 |
|
TOTAL
ASSETS |
190.000 |
|
Trade
Payables |
0 |
|
Bank
Liabilities |
0 |
|
Group
Payables |
0 |
|
Miscellaneous
Liabilities |
0 |
|
TOTAL
CURRENT LIABILITIES |
0 |
|
Bank
Liabilities Due After 1 Year |
0 |
|
Other
Loans Or Finance Due After 1 Year |
0 |
|
Group
Payables After 1 Year |
0 |
|
Miscellaneous
Liabilities Due After 1 Year |
0 |
|
TOTAL
LONG TERM LIABILITIES |
0 |
|
TOTAL
LIABILITIES |
0 |
|
Called
Up Share Capital |
200.000 |
|
Share
Premium |
0 |
|
Revenue
Reserves |
-10.000 |
|
Other
Reserves |
0 |
|
TOTAL
SHAREHOLDERS EQUITY |
190.000 |
|
Other
Financials |
|
|
Contingent
Liabilities |
0 |
|
Working
Capital |
190.000 |
|
Net
Worth |
190.000 |
|
Ratios |
|
|
Pre-Tax
Profit Margin |
|
|
Return
On Capital Employed |
-5.26
% |
|
Return
On Total Assets Employed |
-5.26
% |
|
Return
On Net Assets Employed |
-5.26
% |
|
Sales/Net
Working Capital |
0.00 |
|
Stock
Turnover Ratio |
|
|
Debtor
Days |
|
|
Creditor
Days |
|
|
Current
Ratio |
|
|
Liquidity
Ratio/Acid Test |
|
|
Current
Debt Ratio |
0.00 |
|
Gearing |
|
|
Equity
In Percentage |
100.00
% |
|
Total
Debt Ratio |
0.00 |
N/a
|
Basic Information |
|
|
Business Name |
Billerud Holding AB |
|
Registered Company Name |
Billerud Holding AB |
|
Company Registration Number |
5568762974 |
|
Country |
SWEDEN |
|
VAT Registration Number |
|
|
Date of Company Registration |
14/12/2011 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active |
|
Currency of this Report |
SEK |
|
Principal Activity Description |
Bolaget ska direkt och indirekt
bedriva skogsindustriell verksamhet, särskilt tillverkning och försäljning av
pappersmassa och papper samt bedriva därmed förenlig verksamhet. (The company shall directly or indirectly engage in the timber industry,
especially the manufacturing and sale of pulp and paper, and conduct
related business) |
|
Contact Address |
Box 703, 16927 SOLNA |
|
Contact Telephone Number |
|
|
Main Address |
||
|
Address |
Country |
Telephone |
|
Box 703, 16927 SOLNA |
SWEDEN |
|
|
Other Address |
|
|
Address |
Country |
|
No other addresses for this
company. |
|
|
Email Addresses |
|
No information for this
company. |
|
Web Pages |
|
No information for this
company. |
|
Employee Information |
|
|
Year |
Number of Employees |
|
2011 |
0 |
|
Advisors |
|
|
Auditor Name |
Ernst & Young Aktiebolag |
|
Tax Registrations |
|
|
Registered for FTax |
No |
|
Registered for VAT |
No |
|
Registered for Employee Tax |
No |
|
Certificates |
||
|
Type |
Category |
Issuer |
|
No certificate information for
this company. |
|
|
|
Event History |
|
|
Event Date |
Event Description |
|
30/08/2012 |
Annual account, new |
|
31/07/2012 |
Annual report (PDF), new |
|
17/01/2012 |
Place of residence, changed |
|
17/01/2012 |
Authorised signatory, changed |
|
17/01/2012 |
Share capital, new issue |
|
17/01/2012 |
Provision in the articles of
association to have an accountant |
|
17/01/2012 |
Company representatives,
changed |
|
17/01/2012 |
Address, changed |
|
17/01/2012 |
Company name, changed (old
name: Aktiebolaget Grundstenen 138895) |
|
17/01/2012 |
Status, changed |
|
17/01/2012 |
Company business activity,
changed |
|
17/01/2012 |
Board, changed |
|
15/12/2011 |
Company business activity,
changed |
|
15/12/2011 |
Company representatives,
changed |
|
15/12/2011 |
Share capital, new |
|
15/12/2011 |
Board, changed |
|
15/12/2011 |
Status, changed |
|
15/12/2011 |
Authorised signatory, changed |
|
Status History |
|
|
Date |
Event Description |
|
14/12/2011 |
Storage company |
N/a
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.32 |
|
|
1 |
Rs.83.17 |
|
Euro |
1 |
Rs.71.05 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.