|
Report Date : |
12.02.2013 |
IDENTIFICATION DETAILS
|
Name : |
IDUNA AB |
|
|
|
|
Registered Office : |
43284 Varberg |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
18.02.1955 |
|
|
|
|
Com. Reg. No.: |
5560609058 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Retail sale of jewellery in specialised stores |
|
|
|
|
No. of Employees : |
642 |
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 |
|
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) |
|
Sweden |
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
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, 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 Summary
|
Business Name |
Iduna AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5560609058 |
|
Main Activity |
Retail sale of jewellery in specialised stores |
|
Activity Code |
47772 |
|
Company Status |
Active |
|
Latest Turnover Figure |
1.089.373.000 SEK |
|
Latest Shareholder Equity Figure |
74.595.000 SEK |
|
Basic
Information |
|
|
Business Name |
Iduna AB |
|
Registered Company Name |
Iduna AB |
|
Company Registration Number |
5560609058 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556060905801 |
|
Date of Company Registration |
18/02/1955 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active |
|
Currency of this Report |
SEK |
|
Principal Activity Description |
Bolaget skall driva
handelsrörelse i parti och minut ävensom postorderrörelse inom branschen för
guld, silver, ädla stenar och klockor, presentartiklar och bijouterier samt
äga och förvalta hyresrätter, fast egendom av alla slag samt köpa, |
|
Contact Address |
43284 VARBERG |
|
Contact Telephone Number |
0340-595400 |
|
Activities |
|||
|
Activity Code |
Activity Description |
||
|
47772 |
Retail sale of jewellery in specialised stores |
||
|
Main Address |
|||
|
Address |
Country |
Telephone |
|
|
Unknown address |
SWEDEN |
0340-595400 |
|
|
Other Address |
|
|
Address |
Country |
|
Kronetorpsvägen 2, ARLÖV 23237 |
SWEDEN |
|
Per Albin Hanssons Väg 40, MALMÖ 21432 |
SWEDEN |
|
Södra Förstadsgatan 40 A, MALMÖ 21143 |
SWEDEN |
|
Trĺngsundsvägen 20, KALMAR 39356 |
SWEDEN |
|
Valbo Köpcentrum, VALBO 81832 |
SWEDEN |
|
Varuvägen 10, ÖREBRO 70236 |
SWEDEN |
|
Östra Förstadsgatan 56, MALMÖ 21212 |
SWEDEN |
|
Timmermansgatan 59, NORRKÖPING 60359 |
SWEDEN |
|
Östra Torggatan 8, RONNEBY 37230 |
SWEDEN |
|
Krankroksgatan 17 ERIKSLUND SHOPPING CENTER, VÄSTERĹS
72138 |
SWEDEN |
|
Gesällvägen 1, SUNDSVALL 85753 |
SWEDEN |
|
Frölunda Torg, VÄSTRA FRÖLUNDA 42142 |
SWEDEN |
|
Kungsgatan 44, GÖTEBORG 41115 |
SWEDEN |
|
Kompanigatan 3, JÖNKÖPING 55305 |
SWEDEN |
|
Backavägen 3, GÖTEBORG 41705 |
SWEDEN |
|
Kupolen 26, BORLÄNGE 78170 |
SWEDEN |
|
Bollvägen 1, DALSJÖFORS 51634 |
SWEDEN |
|
Gunborg Nymans Väg 2, ESKILSTUNA 63222 |
SWEDEN |
|
Farstaplan 25, FARSTA 12347 |
SWEDEN |
|
Postgatan 26-32, GÖTEBORG 41106 |
SWEDEN |
|
Eurostop, HALMSTAD 30263 |
SWEDEN |
|
Norra Lĺnggatan 16, KALMAR 39232 |
SWEDEN |
|
Drottninggatan 21, KARLSTAD 65225 |
SWEDEN |
|
Skaraborgsvägen 62, BORĹS 50630 |
SWEDEN |
|
Jerikodalsgatan 1-2, MJÖLBY 59530 |
SWEDEN |
|
Forumvägen 12, NACKA 13153 |
SWEDEN |
|
Repslagaregatan 12, NORRKÖPING 60232 |
SWEDEN |
|
Södergatan 21, MALMÖ 21134 |
SWEDEN |
|
Drottninggatan 63, STOCKHOLM 11121 |
SWEDEN |
|
Storholmsgatan 6, SKÄRHOLMEN 12748 |
SWEDEN |
|
Köpmannagatan 3, SKÖVDE 54145 |
SWEDEN |
|
Postgĺngen 43, SOLNA 17145 |
SWEDEN |
|
Ladugĺrdsvägen 13, TROLLHÄTTAN 46170 |
SWEDEN |
|
Glimmervägen 10, SOLLENTUNA 19162 |
SWEDEN |
|
Nordby Köpcentrum, STRÖMSTAD 45270 |
SWEDEN |
|
Torp 41, UDDEVALLA 45176 |
SWEDEN |
|
Strömpilsplatsen 9-15, UMEĹ 90743 |
SWEDEN |
|
Kungsängsgatan 10-12, UPPSALA 75322 |
SWEDEN |
|
Marknadsvägen 9, ÖDĹKRA-VÄLA 26036 |
SWEDEN |
|
Pajalagatan 29, VÄLLINGBY 16265 |
SWEDEN |
|
Gallerian 104, VÄSTERĹS 72213 |
SWEDEN |
|
Storgatan 8, VÄXJÖ 35231 |
SWEDEN |
|
Storgatan 283, TÄBY 18334 |
SWEDEN |
|
Algatan 16, TRELLEBORG 23142 |
SWEDEN |
|
Bergsmansgatan 9, KARLSKOGA 69131 |
SWEDEN |
|
Dragarbrunnsgatan 43-45 FORUMGALLERIAN, UPPSALA 75320 |
SWEDEN |
|
Drottninggatan 18, KARLSTAD 65225 |
SWEDEN |
|
Drottninggatan 29, ÖREBRO 70222 |
SWEDEN |
|
Drottninggatan 57, KARLSHAMN 37436 |
SWEDEN |
|
Döbelnsgatan 8, KRISTIANSTAD 29131 |
SWEDEN |
|
Ekenleden 6, KĹLLERED 42836 |
SWEDEN |
|
Eskilsgatan 6, LJUNGBY 34130 |
SWEDEN |
|
Forelltorget 6, HUDDINGE 14147 |
SWEDEN |
|
Forumvägen 12, NACKA 13153 |
SWEDEN |
|
Frölunda Torg, VÄSTRA FRÖLUNDA 42142 |
SWEDEN |
|
Föreningsgatan 6, KIRUNA 98131 |
SWEDEN |
|
Gunborg Nymans Väg 2, ESKILSTUNA 63222 |
SWEDEN |
|
Gymnasiegatan 4, KUNGÄLV 44234 |
SWEDEN |
|
Hageby Centrum, NORRKÖPING 60359 |
SWEDEN |
|
Hallunda Torg, NORSBORG 14568 |
SWEDEN |
|
Hamngatan 42 GALLERIAN, PITEĹ 94132 |
SWEDEN |
|
Helga Görlins Gata 1 CHARLOTTENBERGS SHOPPINGCENTER,
CHARLOTTENBERG 67332 |
SWEDEN |
|
Hertig Johans Torg 4, SKÖVDE 54130 |
SWEDEN |
|
Hällagatan 14, VÄSTERĹS 72134 |
SWEDEN |
|
Jägersrovägen 151, MALMÖ 21375 |
SWEDEN |
|
Kronetorpsvägen 2, ARLÖV 23237 |
SWEDEN |
|
Kungsgatan 22, ESKILSTUNA 63220 |
SWEDEN |
|
Kungsgatan 30, TROLLHÄTTAN 46130 |
SWEDEN |
|
Kungsgatan 9, MOTALA 59130 |
SWEDEN |
|
Kungsmässan, KUNGSBACKA 43438 |
SWEDEN |
|
Kungspassagen, UMEĹ 90326 |
SWEDEN |
|
Kupolen 94, BORLÄNGE 78170 |
SWEDEN |
|
Köpmangatan 12, SANDVIKEN 81139 |
SWEDEN |
|
Köpmangatan 15, KATRINEHOLM 64130 |
SWEDEN |
|
Köpmansgatan 13, HALMSTAD 30242 |
SWEDEN |
|
Liljeholmstorget 3, STOCKHOLM 11763 |
SWEDEN |
|
Lilla Fiskaregatan 4, LUND 22222 |
SWEDEN |
|
Lĺnggatan 22, BOLLNÄS 82143 |
SWEDEN |
|
Marknadsgatan 1 GRÄNBY CENTRUM, UPPSALA 75460 |
SWEDEN |
|
Markustorget 1, AVESTA 77430 |
SWEDEN |
|
Mörby Centrum, DANDERYD 18231 |
SWEDEN |
|
Nils Henrikssons Väg 3, PARTILLE 43335 |
SWEDEN |
|
Norra Drottninggatan 8, UDDEVALLA 45131 |
SWEDEN |
|
Nya Torget 4, MARIESTAD 54230 |
SWEDEN |
|
Nygatan 21, GÄVLE 80320 |
SWEDEN |
|
Nygatan 47, SKELLEFTEĹ 93131 |
SWEDEN |
|
Postgatan 45, GÖTEBORG 41106 |
SWEDEN |
|
Prästgatan 31, ÖSTERSUND 83131 |
SWEDEN |
|
Ronnebygatan 53, KARLSKRONA 37134 |
SWEDEN |
|
Rĺdhustorget 5, LANDSKRONA 26131 |
SWEDEN |
|
Sergelgatan 11-15, STOCKHOLM 11157 |
SWEDEN |
|
Smedjegatan 22, JÖNKÖPING 55320 |
SWEDEN |
|
Sollentunavägen 163-165, SOLLENTUNA 19147 |
SWEDEN |
|
Stora Brogatan 16, BORĹS 50330 |
SWEDEN |
|
Stora Östergatan 4, YSTAD 27134 |
SWEDEN |
|
Storgatan 11, ÖRNSKÖLDSVIK 89133 |
SWEDEN |
|
Storgatan 14, VÄXJÖ 35231 |
SWEDEN |
|
Storgatan 22B, VÄRNAMO 33130 |
SWEDEN |
|
Storgatan 24, HUDIKSVALL 82430 |
SWEDEN |
|
Storgatan 28, LUDVIKA 77130 |
SWEDEN |
|
Storgatan 30, SUNDSVALL 85230 |
SWEDEN |
|
Storgatan 34, LYCKSELE 92131 |
SWEDEN |
|
Storgatan 46, LULEĹ 97231 |
SWEDEN |
|
Storholmsgatan 16, SKÄRHOLMEN 12748 |
SWEDEN |
|
Södergatan 19, HELSINGBORG 25225 |
SWEDEN |
|
Torggatan 24, ENKÖPING 74531 |
SWEDEN |
|
Torggatan 6, ARVIKA 67131 |
SWEDEN |
|
Trädgĺrdsgatan 5, STRÄNGNÄS 64531 |
SWEDEN |
|
Valbo Köpcentrum, VALBO 81832 |
SWEDEN |
|
Västra Köpmansgatan 28, STENUNGSUND 44430 |
SWEDEN |
|
Västra Storgatan 22, NYKÖPING 61132 |
SWEDEN |
|
Västra Svedengatan 7, LINKÖPING 58273 |
SWEDEN |
|
Västra Vallgatan 43, VARBERG 43241 |
SWEDEN |
|
Östergatan 2, HÄSSLEHOLM 28131 |
SWEDEN |
|
Österväg 7, VISBY 62145 |
SWEDEN |
|
Hamngatan 37 GALLERIAN, STOCKHOLM 11153 |
SWEDEN |
|
Bredgatan 11, VÄSTERVIK 59330 |
SWEDEN |
|
Jakobsbergs Centrum, JÄRFÄLLA 17730 |
SWEDEN |
|
Kyrkogatan 19, MORA 79230 |
SWEDEN |
|
Nordby Köpcentrum Västra, STRÖMSTAD 45270 |
SWEDEN |
|
Stora Gatan 7-21, VÄSTERĹS 72212 |
SWEDEN |
|
Stores Gränd 23, HANDEN 13646 |
SWEDEN |
|
Varuvägen 10, ÖREBRO 70236 |
SWEDEN |
|
Väla Centrum, ÖDĹKRA-VÄLA 26036 |
SWEDEN |
|
Kompanigatan 3, JÖNKÖPING 55305 |
SWEDEN |
|
Krokegĺrdsgatan 5, GÖTEBORG 41705 |
SWEDEN |
|
Skeppsbrogatan 12, KALMAR 39231 |
SWEDEN |
|
Gesällvägen 1, SUNDSVALL 85753 |
SWEDEN |
|
Östra Förstadsgatan 56, MALMÖ 21212 |
SWEDEN |
|
Marknadsvägen 7, LÖDDEKÖPINGE 24642 |
SWEDEN |
|
Pajalagatan 51, VÄLLINGBY 16265 |
SWEDEN |
|
Holmgatan 9-11, FALUN 79171 |
SWEDEN |
|
Farstaplan 25, FARSTA 12347 |
SWEDEN |
|
Arenavägen 57, JOHANNESHOV 12177 |
SWEDEN |
|
Nygatan 22, LINKÖPING 58219 |
SWEDEN |
|
Kista Galleria, KISTA 16491 |
SWEDEN |
|
Stortorget 7-9, ÖREBRO 70211 |
SWEDEN |
|
Storgatan 4, SÖDERTÄLJE 15171 |
SWEDEN |
|
Kungsgatan 48, GÖTEBORG 41115 |
SWEDEN |
|
Söderleden 1, MELLBYSTRAND 31261 |
SWEDEN |
|
Koppargatan 20, NORRKÖPING 60223 |
SWEDEN |
|
Per Albin Hanssons Väg 40, MALMÖ 21432 |
SWEDEN |
|
Företagsvägen 10, LUND 22761 |
SWEDEN |
|
Drottninggatan 56, STOCKHOLM 11121 |
SWEDEN |
|
Södergatan 19, MALMÖ 21134 |
SWEDEN |
|
Götgatan 132, STOCKHOLM 11862 |
SWEDEN |
|
Södra Esplanaden 2, SALA 73330 |
SWEDEN |
|
Ladugĺrdsvägen 12, TROLLHÄTTAN 46170 |
SWEDEN |
|
Simbagatan 14, NACKA 13154 |
SWEDEN |
|
Postgĺngen 34 D, SOLNA 17145 |
SWEDEN |
|
Drottninggatan 55, NORRKÖPING 60232 |
SWEDEN |
|
Glimmervägen 10, SOLLENTUNA 19162 |
SWEDEN |
|
Södra Förstadsgatan 41, MALMÖ 21143 |
SWEDEN |
|
Östangränd 12, TYRESÖ 13540 |
SWEDEN |
|
Östantorget 281, TÄBY 18334 |
SWEDEN |
|
Dragonvägen 86, UPPLANDS VÄSBY 19433 |
SWEDEN |
|
Drottninggatan 22, KARLSTAD 65225 |
SWEDEN |
|
Drottninggatan 41, NORRKÖPING 60232 |
SWEDEN |
|
Drottninggatan 56, STOCKHOLM 11121 |
SWEDEN |
|
Gamla Brogatan 20-22, STOCKHOLM 11120 |
SWEDEN |
|
Hamngatan 37 GALLERIAN, STOCKHOLM 11153 |
SWEDEN |
|
Hejaregatan 32, VÄXJÖ 35246 |
SWEDEN |
|
Karlaplan 13, STOCKHOLM 11520 |
SWEDEN |
|
Kista Galleria, KISTA 16491 |
SWEDEN |
|
Kungsmässan, KUNGSBACKA 43438 |
SWEDEN |
|
Kungspassagen, UMEĹ 90326 |
SWEDEN |
|
Köpmansgatan 21, HALMSTAD 30242 |
SWEDEN |
|
Lilla Fiskaregatan 8, LUND 22222 |
SWEDEN |
|
Malmborgsgatan 6, MALMÖ 21138 |
SWEDEN |
|
Pajalagatan 17, VÄLLINGBY 16265 |
SWEDEN |
|
Prästgatan 29, ÖSTERSUND 83131 |
SWEDEN |
|
Skeppsbrogatan 12, KALMAR 39231 |
SWEDEN |
|
Sollentunavägen 163, SOLLENTUNA 19147 |
SWEDEN |
|
Storgatan 282, TÄBY 18334 |
SWEDEN |
|
Södra Förstadsgatan 41, MALMÖ 21143 |
SWEDEN |
|
Ulvsundavägen 185, BROMMA 16867 |
SWEDEN |
|
Västra Storgatan 14, NYKÖPING 61131 |
SWEDEN |
|
Västra Storgatan 39, KRISTIANSTAD 29131 |
SWEDEN |
|
Östra Hamngatan 41, GÖTEBORG 41110 |
SWEDEN |
|
Farsta Torg, FARSTA 12347 |
SWEDEN |
|
Frölunda Torg, VÄSTRA FRÖLUNDA 42142 |
SWEDEN |
|
Gallerian 106, VÄSTERĹS 72213 |
SWEDEN |
|
Hamngatan 10-14, STOCKHOLM 11147 |
SWEDEN |
|
Köpmangatan 7, ÖREBRO 70210 |
SWEDEN |
|
Nygatan 22, LINKÖPING 58219 |
SWEDEN |
|
Postgatan 45, GÖTEBORG 41106 |
SWEDEN |
|
Ronnebygatan 41, KARLSKRONA 37133 |
SWEDEN |
|
Svartbäcksgatan 7, UPPSALA 75320 |
SWEDEN |
|
Kullagatan 6, HELSINGBORG 25220 |
SWEDEN |
|
Stora Brogatan 19, BORĹS 50330 |
SWEDEN |
|
Sundbybergsvägen 9, SOLNA 17173 |
SWEDEN |
|
Email Addresses |
|
No information for this company. |
|
Web Pages |
|
www.iduna.se |
|
Current Directors |
|||
|
Name |
Appointment Date |
Position |
|
|
Sverker Albrektson |
10/10/1994 |
Actual Member of Board |
|
|
Warborn, Bengt Oskar Lennart |
14/08/2006 |
Foreign Resident in the EEA |
|
|
Warborn, Sten Tage Birger |
|
Actual Member of Board |
|
|
Previous Directors |
|||
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Rolf Göran Richard Nilsson |
13/03/1995 |
Actual Member of Board |
15/01/2010 |
|
Warborn, Bengt Oskar Lennart |
10/10/1994 |
External Signatory |
15/01/2010 |
No negative information found.
|
Issued Share Capital |
700.000 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 |
1 |
|
Number of reclaimed/revoked applications |
14 |
|
Ultimate Holding Parent |
|
|
|
Ultimate Holding Company Name |
Golden Heights AB |
|
|
Ultimate Holding Company
Country |
SWEDEN |
5567119648 |
|
Immediate Holding Parent |
|
No information for this company. |
|
Subsidary Companies |
||
|
Subsidiary Name |
Country |
Number |
|
No subsidaries for this company. |
|
|
|
Affiliates |
||
|
Affiliate Name |
Country |
Number |
|
No affiliates for this company. |
|
|
|
Profit and Loss |
|||
|
Financial Year |
2011 |
2010 |
2009 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Conslotidated Accounts |
N |
N |
N |
|
Revenue |
1.089.373.000 |
1.084.882.000 |
1.018.485.000 |
|
Operating Costs |
1.005.011.000 |
997.910.000 |
931.021.000 |
|
Operating Profit |
84.362.000 |
86.972.000 |
87.464.000 |
|
Wages & Salaries |
- |
- |
- |
|
Depreciation |
- |
- |
- |
|
Financial Income |
- |
42.000 |
87.000 |
|
Financial Expenses |
-8.982.000 |
-7.120.000 |
-6.378.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
-8.982.000 |
-7.120.000 |
-6.378.000 |
|
Profit before Tax |
75.380.000 |
79.894.000 |
81.173.000 |
|
Tax |
-26.857.000 |
-26.240.000 |
-22.585.000 |
|
Profit after Tax |
75.380.000 |
79.894.000 |
81.173.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
18.980.000 |
10.932.000 |
5.453.000 |
|
Retained Profit |
67.503.000 |
64.586.000 |
64.041.000 |
|
Balance Sheet |
|||
|
Financial Year |
2011 |
2010 |
2009 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
N |
N |
N |
|
Land & Buildings |
27.757.000 |
29.205.000 |
30.652.000 |
|
Plant & Machinery |
0 |
0 |
0 |
|
Other Tangible Assets |
62.025.000 |
71.258.000 |
79.386.000 |
|
Total Tangible Assets |
89.782.000 |
100.463.000 |
110.038.000 |
|
Goodwill |
38.930.000 |
45.010.000 |
91.998.000 |
|
Other Intangible Assets |
42.575.000 |
45.622.000 |
57.825.000 |
|
Total Intangible Assets |
81.505.000 |
90.632.000 |
149.823.000 |
|
Loans To Group |
0 |
0 |
0 |
|
Other Loans |
0 |
0 |
0 |
|
Miscellaneous Fixed Assets |
19.000.000 |
19.000.000 |
19.000.000 |
|
Total Other Fixed Assets |
19.000.000 |
19.000.000 |
19.000.000 |
|
TOTAL FIXED ASSETS |
190.287.000 |
210.095.000 |
278.861.000 |
|
Work In Progress |
0 |
0 |
0 |
|
Other Inventories |
437.544.000 |
375.013.000 |
332.105.000 |
|
Total Inventories |
437.544.000 |
375.013.000 |
332.105.000 |
|
Trade Receivables |
16.275.000 |
12.744.000 |
13.758.000 |
|
Group Receivables |
0 |
0 |
0 |
|
Miscellaneous Receivables |
33.802.000 |
33.416.000 |
32.053.000 |
|
Total Receivables |
50.077.000 |
46.160.000 |
45.811.000 |
|
Cash |
0 |
30.187.000 |
38.954.000 |
|
Other Current Assets |
39.888.000 |
13.100.000 |
0 |
|
TOTAL CURRENT ASSETS |
527.509.000 |
464.460.000 |
416.870.000 |
|
TOTAL ASSETS |
717.796.000 |
674.555.000 |
695.731.000 |
|
Trade Payables |
128.862.000 |
151.269.000 |
100.857.000 |
|
Bank Liabilities |
1.500.000 |
1.500.000 |
1.500.000 |
|
Group Payables |
251.716.000 |
4.397.000 |
105.463.000 |
|
Miscellaneous Liabilities |
144.965.000 |
153.630.000 |
140.984.000 |
|
TOTAL CURRENT LIABILITIES |
527.043.000 |
310.796.000 |
348.804.000 |
|
Bank Liabilities Due After 1 Year |
20.000.000 |
160.774.000 |
155.723.000 |
|
Other Loans Or Finance Due After 1 Year |
0 |
0 |
0 |
|
Group Payables After 1 Year |
0 |
0 |
0 |
|
Miscellaneous Liabilities Due After 1 Year |
96.158.000 |
119.278.000 |
135.197.000 |
|
TOTAL LONG TERM LIABILITIES |
116.158.000 |
280.052.000 |
290.920.000 |
|
TOTAL LIABILITIES |
643.201.000 |
590.848.000 |
639.724.000 |
|
Called Up Share Capital |
700.000 |
700.000 |
700.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
150.370.000 |
80.000.000 |
117.077.000 |
|
Other Reserves |
-76.475.000 |
3.007.000 |
-61.770.000 |
|
TOTAL SHAREHOLDERS EQUITY |
74.595.000 |
83.707.000 |
56.007.000 |
|
Other Financials |
|||
|
Contingent Liabilities |
157.000 |
199.000 |
0 |
|
Working Capital |
466.000 |
153.664.000 |
68.066.000 |
|
Net Worth |
-6.910.000 |
-6.925.000 |
-93.816.000 |
|
Ratios |
|||
|
Pre-Tax Profit Margin |
6.92 % |
7.36 % |
7.97 % |
|
Return On Capital Employed |
6.06 % |
8.11 % |
7.77 % |
|
Return On Total Assets Employed |
10.50 % |
11.84 % |
11.67 % |
|
Return On Net Assets Employed |
101.05 % |
95.44 % |
144.93 % |
|
Sales/Net Working Capital |
2337.71 |
7.06 |
14.96 |
|
Stock Turnover Ratio |
40.16 % |
34.57 % |
32.61 % |
|
Debtor Days |
5.45 |
4.29 |
4.93 |
|
Creditor Days |
43.18 |
50.89 |
36.14 |
|
Current Ratio |
1.00 |
1.49 |
1.20 |
|
Liquidity Ratio/Acid Test |
0.17 |
0.29 |
0.24 |
|
Current Debt Ratio |
7.07 |
3.71 |
6.23 |
|
Gearing |
28.82 % |
193.86 % |
280.72 % |
|
Equity In Percentage |
12.08 % |
14.82 % |
10.63 % |
|
Total Debt Ratio |
8.62 |
7.06 |
11.42 |
Na
|
Employee Information |
|
|
Year |
Number of Employees |
|
2011 |
642 |
|
2010 |
636 |
|
2009 |
626 |
|
2008 |
664 |
|
2007 |
663 |
|
Advisors |
|
|
Auditor Name |
Staffan Olle Edvin Landén |
|
Tax Registrations |
|
|
Registered for FTax |
Yes |
|
Registered for VAT |
Yes |
|
Registered for Employee Tax |
Yes |
|
Certificates |
||
|
Type |
Category |
Issuer |
|
No certificate information for this company. |
|
|
|
Industry Comparison |
|
|
Activity Code |
47772 |
|
Activity Description |
Retail sale of jewellery in specialised stores |
|
Event History |
|
|
Event Date |
Event Description |
|
30/08/2012 |
Annual account, new |
|
24/07/2012 |
Annual report (PDF), new |
|
28/10/2011 |
Company representatives, changed |
|
28/10/2011 |
Board, changed |
|
28/10/2011 |
Authorised signatory, changed |
|
27/09/2011 |
Annual account, new |
|
09/08/2011 |
Annual report (PDF), new |
|
29/03/2011 |
Fax number, changed |
|
31/08/2010 |
Annual account, new |
|
19/08/2010 |
Annual report (PDF), new |
|
16/01/2010 |
Company representatives, changed |
|
16/01/2010 |
Authorised signatory, changed |
|
16/01/2010 |
Board, changed |
|
19/08/2009 |
Annual account, new |
|
24/07/2009 |
Annual report (PDF), new |
|
18/08/2008 |
Annual account, new |
|
06/08/2008 |
Annual report (PDF), new |
|
11/06/2008 |
Board, changed |
|
11/06/2008 |
Authorised signatory, changed |
|
11/06/2008 |
Company representatives, changed |
Na
DIAMOND INDUSTRY –
INDIA
-
From time immemorial, India is well known in the world
as the birthplace for diamonds. It is difficult to trace the origin of
diamonds but history says that in the remote past, diamonds were mined only in
India. Diamond production in India can be traced back to almost 8th
Century B.C. India, in fact, remained undisputed leader till 18th
Century when Brazilian fields were discovered in 1725 followed by emergence of
S. Africa, Russia and Australia.
-
The achievement of the Indian diamond industry was
possible only due to combination of the manufacturing skills of the Indian
workforce and the untiring and unflagging efforts of the Indian diamantaires,
supported by progressive Government policies.
-
The area of study of family owned diamond businesses
derives its importance from the huge conglomerate of family run organizations
which operate in the diamond industry since many generations.
-
Some of the basic traits of family run business enterprises
include spirit of entrepreneurship, mutual trust lowers transaction costs,
small, nimble and quick to react, information as a source of advantage and
philanthropy.
-
Family owned diamond businesses need to improve on
many fronts including higher standard of corporate governance, long-term
performance – focused strategies, modern management and technology.
-
The diamond jewellery industry in India today may be
more than Rs 60000 mil and is rated amongst the fastest growing in the
world. Indi ranks third in the world in domestic diamond consumption.
-
Utmost caution is to be exercised while dealing with
some medium and large diamond traders which are usually engaged in fictitious
import – export, inter-company transactions, financially assisted by banks. In
the process, several public sector banks lost several hundred million rupees.
They mostly diverted borrowed money for diamond business into real estate and
capital markets.
-
Excerpts from Times of India dated 30th
October 2010 is as under –
DIAMOND SAGA – DIRTY DOZEN STUCK WITH 2K CR DEBT
This
could be the biggest credibility crisis the Indian diamond industry has ever
faced. Fifteen banks run the risk of losing Rs 2000 crore lent to a dozen
diamond firms in Surat. Until about two months ago, they had not repaid
these dues. Bankers believe many diamantaires borrowed money during the
economic downturn two years ago and diverted funds to businesses like real
estate and capital markets. Many of themselves made money from these businesses
but their diamond companies have gone sick and declared insolvency.
-
Most of the money borrowed from the banks in the name
of their diamond business has been diverted in real estate and the share
market. The banks are not in a position to seize their properties because in
many cases, these were purchased in the name of their relatives and friends.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.68 |
|
UK Pound |
1 |
Rs.84.84 |
|
Euro |
1 |
Rs.71.87 |
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 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.