|
Report Date : |
28.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
COLONELL AB |
|
|
|
|
Registered Office : |
Elkraftsgatan 13, 19560 Arlandastad |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
29.04.1988 |
|
|
|
|
Com. Reg. No.: |
5563244796 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Wholesale of other machinery and equipment n.e.c. |
|
|
|
|
No. of Employees : |
3 |
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 |
|
Business Name |
COLONELL AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5563244796 |
|
Main Activity |
Wholesale of other machinery and equipment n.e.c. |
|
Activity Code |
46699 |
|
Company Status |
Active |
|
Latest Turnover Figure |
19.834.000 SEK |
|
Latest Shareholder Equity Figure |
736.000 SEK |
|
Current Directors |
|||
|
Name |
Appointment Date |
Position |
|
|
Erik Kent Bertil Eriksson |
31/10/2003 |
Actual Member of Board |
|
|
Agne Michael Gustafsson |
31/10/2003 |
Actual Member of Board |
|
|
Urban Mattias Nyström |
14/09/2011 |
Substitute |
|
|
Previous Directors |
|||
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Timo Aulis Tuutti |
31/10/2003 |
Actual Member of Board |
15/10/2010 |
No negative information found
|
Issued Share Capital |
100.000 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 |
1 |
No group structure 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 |
20.171.000 |
909.000 |
- |
|
Operating Costs |
19.185.000 |
798.000 |
19.000 |
|
Operating Profit |
986.000 |
111.000 |
-19.000 |
|
Wages & Salaries |
-1.111.000 |
- |
- |
|
Depreciation |
-154.000 |
- |
- |
|
Financial Income |
- |
- |
3.000 |
|
Financial Expenses |
-164.000 |
-43.000 |
-70.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
-164.000 |
-43.000 |
-70.000 |
|
Profit before Tax |
823.000 |
68.000 |
-86.000 |
|
Tax |
-218.000 |
- |
- |
|
Profit after Tax |
823.000 |
68.000 |
-86.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
- |
- |
- |
|
Retained Profit |
606.000 |
68.000 |
-86.000 |
|
Balance Sheet |
|||
|
Financial Year |
2011 |
2010 |
2009 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
N |
N |
N |
|
Land & Buildings |
0 |
0 |
0 |
|
Plant & Machinery |
0 |
0 |
0 |
|
Other Tangible Assets |
614.000 |
0 |
0 |
|
Total Tangible Assets |
614.000 |
0 |
0 |
|
Goodwill |
0 |
0 |
0 |
|
Other Intangible Assets |
0 |
0 |
0 |
|
Total Intangible Assets |
0 |
0 |
0 |
|
Loans To Group |
0 |
0 |
0 |
|
Other Loans |
0 |
0 |
0 |
|
Miscellaneous Fixed Assets |
1.025.000 |
945.000 |
945.000 |
|
Total Other Fixed Assets |
1.025.000 |
945.000 |
945.000 |
|
TOTAL FIXED ASSETS |
1.639.000 |
945.000 |
945.000 |
|
Work In Progress |
0 |
0 |
0 |
|
Other Inventories |
1.533.000 |
70.000 |
0 |
|
Total Inventories |
1.533.000 |
70.000 |
0 |
|
Trade Receivables |
1.136.000 |
793.000 |
0 |
|
Group Receivables |
0 |
0 |
0 |
|
Miscellaneous Receivables |
566.000 |
118.000 |
6.000 |
|
Total Receivables |
1.702.000 |
911.000 |
6.000 |
|
Cash |
5.000 |
0 |
0 |
|
Other Current Assets |
0 |
0 |
0 |
|
TOTAL CURRENT ASSETS |
3.239.000 |
981.000 |
7.000 |
|
TOTAL ASSETS |
4.878.000 |
1.926.000 |
952.000 |
|
Trade Payables |
1.661.000 |
122.000 |
0 |
|
Bank Liabilities |
465.000 |
860.000 |
63.000 |
|
Group Payables |
0 |
0 |
0 |
|
Miscellaneous Liabilities |
787.000 |
814.000 |
826.000 |
|
TOTAL CURRENT LIABILITIES |
2.913.000 |
1.796.000 |
889.000 |
|
Bank Liabilities Due After 1 Year |
0 |
0 |
0 |
|
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 |
1.229.000 |
0 |
0 |
|
TOTAL LONG TERM LIABILITIES |
1.229.000 |
0 |
0 |
|
TOTAL LIABILITIES |
4.142.000 |
1.795.000 |
889.000 |
|
Called Up Share Capital |
100.000 |
100.000 |
100.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
636.000 |
31.000 |
-57.000 |
|
Other Reserves |
0 |
0 |
20.000 |
|
TOTAL SHAREHOLDERS EQUITY |
736.000 |
131.000 |
63.000 |
|
Other Financials |
|||
|
Contingent Liabilities |
0 |
0 |
0 |
|
Working Capital |
326.000 |
-815.000 |
-882.000 |
|
Net Worth |
736.000 |
131.000 |
63.000 |
|
Ratios |
|||
|
Pre-Tax Profit Margin |
4.08 % |
7.48 % |
|
|
Return On Capital Employed |
10.56 % |
1.83 % |
-4.67 % |
|
Return On Total Assets Employed |
16.87 % |
3.53 % |
-9.03 % |
|
Return On Net Assets Employed |
111.82 % |
51.91 % |
-136.51 % |
|
Sales/Net Working Capital |
61.87 |
-1.12 |
0.00 |
|
Stock Turnover Ratio |
7.60 % |
7.70 % |
|
|
Debtor Days |
20.56 |
318.42 |
|
|
Creditor Days |
30.06 |
48.99 |
|
|
Current Ratio |
1.11 |
0.55 |
0.01 |
|
Liquidity Ratio/Acid Test |
0.59 |
0.51 |
0.01 |
|
Current Debt Ratio |
3.96 |
13.71 |
14.11 |
|
Gearing |
230.16 % |
656.49 % |
100.00 % |
|
Equity In Percentage |
19.10 % |
13.35 % |
900.00 % |
|
Total Debt Ratio |
5.63 |
13.70 |
14.11 |
N/a
|
Basic
Information |
|
|
Business Name |
COLONELL AB |
|
Registered Company Name |
Colonell AB |
|
Company Registration Number |
5563244796 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556324479601 |
|
Date of Company Registration |
29/04/1988 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active |
|
Currency of this Report |
SEK |
|
Principal Activity Description |
Bolaget ska bedriva handel och förvaltning av
värdepapper och fastigheter, försäljning av grafiska produkter samt
utbildning och konsultation i anslutning härtill ävensom idka därmed förenlig
verksamhet. |
|
Contact Address |
19560 ARLANDASTAD |
|
Contact Telephone Number |
08-59122160 |
|
Activities |
|
|
Activity Code |
Activity Description |
|
46699 |
Wholesale of other machinery and equipment n.e.c. |
|
Main Address |
||
|
Address |
Country |
Telephone |
|
Elkraftsgatan 13, 19560 ARLANDASTAD |
SWEDEN |
08-59122160 |
|
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 |
3 |
|
2010 |
0 |
|
2009 |
0 |
|
2008 |
0 |
|
2007 |
0 |
|
Advisors |
|
|
Auditor Name |
Bertil Karl Oppenheimer |
|
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. |
|
|
|
Event History |
|
|
Event Date |
Event Description |
|
21/12/2012 |
Annual account, new |
|
14/12/2012 |
Annual report (PDF), new |
|
03/01/2012 |
Annual account, new |
|
03/01/2012 |
Limit, increase |
|
29/12/2011 |
Annual report (PDF), new |
|
15/09/2011 |
Authorised signatory, changed |
|
15/09/2011 |
Company representatives, changed |
|
15/09/2011 |
Limit, increase |
|
15/09/2011 |
Board, changed |
|
05/04/2011 |
Annual account, new |
|
05/04/2011 |
Status, changed |
|
31/03/2011 |
Annual report (PDF), new |
|
18/10/2010 |
Company representatives, changed |
|
18/10/2010 |
Board, changed |
|
18/10/2010 |
Authorised signatory, changed |
|
08/04/2010 |
Annual account, new |
|
08/04/2010 |
Status, changed |
|
08/04/2010 |
Limit, decrease |
|
30/03/2010 |
Annual report (PDF), new |
|
02/12/2009 |
Company business activity, changed |
|
02/12/2009 |
Company name, changed (old name: Meers International AB) |
|
02/12/2009 |
Authorised signatory, changed |
|
06/02/2009 |
Annual account, new |
|
28/01/2009 |
Annual report (PDF), new |
|
30/06/2008 |
Company business activity, changed |
|
30/06/2008 |
Company name, changed (old name: MEERS INTERNATIONAL TRYCK AKTIEBOLAG) |
|
30/06/2008 |
Company representatives, changed |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.85 |
|
|
1 |
Rs.85.25 |
|
Euro |
1 |
Rs.71.72 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.