|
Report Date : |
22.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
BOBBYSUE AB |
|
|
|
|
Registered Office : |
C/O Aldero, Uddaredsvägen 2, 43375 Jonsered |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
29.11.2006 |
|
|
|
|
Com. Reg. No.: |
5567166235 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of clothing and footwear |
|
|
|
|
No. of Employees : |
5 |
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 : |
Good |
|
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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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 the contraction continued 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
|
Basic
Information |
|
|
Business Name |
BobbySue AB |
|
Registered
Company Name |
BobbySue AB |
|
Company
Registration Number |
5567166235 |
|
Country |
SWEDEN |
|
VAT Registration
Number |
SE556716623501 |
|
Date of Company
Registration |
29/11/2006 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active |
|
Currency of this
Report |
SEK |
|
Principal
Activity Description |
Bolaget skall bedriva design och import av kläder till försäljning i
butik. |
|
Contact Address |
C/O Aldero, Uddaredsvägen 2, 43375 JONSERED |
|
Contact
Telephone Number |
031-7118558 |
|
Activities |
|
|
Activity Code |
Activity
Description |
|
46420 |
Wholesale of clothing and footwear |
|
Profit and Loss |
|||
|
Financial Year |
2011 |
2010 |
2009 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Conslotidated
Accounts |
N |
N |
N |
|
Revenue |
11.370.000 |
8.933.000 |
6.182.000 |
|
Operating Costs |
10.967.000 |
8.784.000 |
5.655.000 |
|
Operating Profit |
403.000 |
149.000 |
527.000 |
|
Wages &
Salaries |
-1.905.000 |
-1.662.000 |
-841.000 |
|
Depreciation |
-52.000 |
-34.000 |
-29.000 |
|
Financial Income |
13.000 |
1.000 |
8.000 |
|
Financial
Expenses |
-129.000 |
-43.000 |
-56.000 |
|
Extraordinary
Income |
- |
- |
- |
|
Extraordinary
Costs |
- |
- |
- |
|
Profit before
Tax |
287.000 |
107.000 |
479.000 |
|
Tax |
-64.000 |
-27.000 |
-94.000 |
|
Profit after Tax |
223.000 |
80.000 |
385.000 |
|
Minority
Interests |
- |
- |
- |
|
Other
Appropriations |
-78.000 |
-33.000 |
-126.000 |
|
Retained Profit |
145.000 |
47.000 |
259.000 |
|
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 |
125.000 |
90.000 |
95.000 |
|
Total Tangible
Assets |
125.000 |
90.000 |
95.000 |
|
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 |
0 |
0 |
0 |
|
Total Other Fixed
Assets |
0 |
0 |
0 |
|
TOTAL FIXED
ASSETS |
125.000 |
90.000 |
95.000 |
|
Work In Progress |
0 |
0 |
0 |
|
Other
Inventories |
2.015.000 |
383.000 |
519.000 |
|
Total
Inventories |
2.015.000 |
383.000 |
519.000 |
|
Trade
Receivables |
316.000 |
295.000 |
71.000 |
|
Group
Receivables |
0 |
0 |
0 |
|
Miscellaneous
Receivables |
248.000 |
201.000 |
234.000 |
|
Total
Receivables |
564.000 |
496.000 |
305.000 |
|
Cash |
117.000 |
382.000 |
531.000 |
|
Other Current
Assets |
0 |
0 |
0 |
|
TOTAL CURRENT
ASSETS |
2.696.000 |
1.261.000 |
1.356.000 |
|
TOTAL ASSETS |
2.820.000 |
1.351.000 |
1.451.000 |
|
Trade Payables |
148.000 |
181.000 |
165.000 |
|
Bank Liabilities |
967.000 |
0 |
0 |
|
Group Payables |
0 |
0 |
0 |
|
Miscellaneous
Liabilities |
1.075.000 |
363.000 |
559.000 |
|
TOTAL CURRENT
LIABILITIES |
2.190.000 |
544.000 |
724.000 |
|
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 |
319.000 |
240.000 |
207.000 |
|
TOTAL LONG TERM
LIABILITIES |
319.000 |
240.000 |
207.000 |
|
TOTAL
LIABILITIES |
2.508.000 |
784.000 |
932.000 |
|
Called Up Share
Capital |
100.000 |
100.000 |
100.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
212.000 |
467.000 |
419.000 |
|
Other Reserves |
0 |
0 |
0 |
|
TOTAL
SHAREHOLDERS EQUITY |
312.000 |
567.000 |
519.000 |
|
Other Financials |
|||
|
Contingent
Liabilities |
0 |
0 |
0 |
|
Working Capital |
506.000 |
717.000 |
632.000 |
|
Net Worth |
312.000 |
567.000 |
519.000 |
|
Ratios |
|||
|
Pre-Tax Profit
Margin |
2.52 % |
1.20 % |
7.75 % |
|
Return On
Capital Employed |
5.73 % |
5.65 % |
22.02 % |
|
Return On Total
Assets Employed |
10.18 % |
7.92 % |
33.01 % |
|
Return On Net
Assets Employed |
91.99 % |
18.87 % |
92.29 % |
|
Sales/Net
Working Capital |
22.47 |
12.46 |
9.78 |
|
Stock Turnover
Ratio |
17.72 % |
4.29 % |
8.40 % |
|
Debtor Days |
10.14 |
12.05 |
4.19 |
|
Creditor Days |
4.75 |
7.40 |
9.74 |
|
Current Ratio |
1.23 |
2.32 |
1.87 |
|
Liquidity
Ratio/Acid Test |
0.31 |
1.61 |
1.16 |
|
Current Debt
Ratio |
7.02 |
0.96 |
1.39 |
|
Gearing |
309.94 % |
|
|
|
Equity In
Percentage |
11.06 % |
41.97 % |
35.77 % |
|
Total Debt Ratio |
8.04 |
1.38 |
1.80 |
|
Main Address |
||
|
Address |
Country |
Telephone |
|
C/O Aldero, Uddaredsvägen 2, 43375 JONSERED |
SWEDEN |
031-7118558 |
|
Other Address |
|
|
Address |
Country |
|
No other addresses for this company. |
|
|
Email Addresses |
|
No information for this company. |
|
Web Pages |
|
No information for this company. |
|
Issued Share
Capital |
100.000 SEK |
|
Current
Directors |
|||
|
Name |
Appointment Date |
Position |
|
|
Helena Elisabet Orlenius |
29/11/2006 |
Actual Member of Board |
|
|
Bror Christer Aldero |
29/11/2006 |
Substitute |
|
|
Eva Lovisa Aldero |
29/11/2006 |
Actual Member of Board |
|
|
Jacob Oskar Orlenius |
29/11/2006 |
Substitute |
|
Group Structure
|
No group structure for this company. |
Other Information
|
Employee
Information |
|
|
Year |
Number of
Employees |
|
2011 |
5 |
|
2010 |
4 |
|
2009 |
3 |
|
2008 |
2 |
|
2007 |
2 |
|
Advisors |
|
|
Auditor Name |
Guide Revision AB |
Additional Information
|
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 |
46420 |
|
Activity
Description |
Wholesale of clothing and footwear |
|
Industry Average
Credit Rating |
68 (1 - 100) |
|
Industry Average
Credit Limit |
555.000 SEK |
|
Event History |
|
|
Event Date |
Event Description |
|
06/06/2013 |
Limit, decrease |
|
30/05/2013 |
Limit, increase |
|
10/08/2012 |
Annual account, new |
|
10/08/2012 |
Limit, increase |
|
02/07/2012 |
Annual report (PDF), new |
|
29/07/2011 |
Annual account, new |
|
29/07/2011 |
Limit, increase |
|
14/07/2011 |
Annual report (PDF), new |
|
17/09/2010 |
Address, changed |
|
26/08/2010 |
Annual account, new |
|
26/08/2010 |
Limit, increase |
|
17/08/2010 |
Annual report (PDF), new |
|
17/07/2009 |
Limit, increase |
|
17/07/2009 |
Annual account, new |
|
06/07/2009 |
Annual report (PDF), new |
|
26/11/2008 |
Company representatives, changed |
|
26/11/2008 |
Authorised signatory, changed |
|
26/11/2008 |
Board, changed |
|
12/09/2008 |
Annual account, new |
|
29/08/2008 |
Annual report (PDF), new |
|
Status History |
|
|
Date |
Event
Description |
|
No company status history for this company |
|
Negative Information
|
|
||
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|
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|
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|
|
|
|
|
|
|
|
|
|
|
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 |
- |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.35 |
|
|
1 |
Rs.92.11 |
|
Euro |
1 |
Rs.78.59 |
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.