MIRA INFORM REPORT
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Report Date : |
16.09.2013 |
IDENTIFICATION DETAILS
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Name : |
STORA ENSO
KVARNSVEDEN AB |
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Registered Office : |
Kvarnsveden, Mill Borlange, 781
83 |
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Country : |
Sweden |
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Financials (as on) : |
31.12.2011 |
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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 : |
Manufacturer of Paper Product |
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No. of Employees : |
800 |
RATING & COMMENTS
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MIRA’s 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 : |
Slow but correct |
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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,
2013
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Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
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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 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 |
Company name & address
STORA ENSO
KVARNSVEDEN AB
Kvarnsveden Mill
Borlange, 781 83
Sweden
Tel: 46-1046-650-00
Fax: 46 (10) 46 653 90
SYNTHESIS
Employees: 800
Company Type: Private Subsidiary
Corporate Family: 177 Companies
Ultimate Parent: Stora Enso OYJ
Incorporation Date: 1923
Financials in: USD
(mil)
Fiscal Year End: 31-Dec-2010
Reporting Currency: Swedish Krona
Annual Sales: 609.4
Total Assets: NA
Business Description
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 Product
Manufacturing
ANZSIC 2006: 1510 - Pulp, Paper
and Paperboard Manufacturing
ISIC Rev 4: 1701 - Manufacture
of pulp, paper and paperboard
NACE Rev 2: 1712 - Manufacture
of paper and paperboard
NAICS 2012: 322121 - Paper
(except Newsprint) Mills
UK SIC 2007: 1712 - Manufacture
of paper and paperboard
US SIC 1987: 2621 - Paper Mills
Key Executives
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Registered
No.(SWE):5560216722
1 - Profit &
Loss Item Exchange Rate: USD 1 = SEK 7.206564
2 - Balance Sheet Item Exchange Rate:
USD 1 = SEK 6.72285
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CORPORATE
FAMILY |
CORPORATE
STRUCTURE NEWS: |
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Stora Enso Kvarnsveden AB |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Helsinki |
Finland |
Paper Product Manufacturing |
13,896.8 |
28,330 |
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Subsidiary |
Ostroleka |
Poland |
Paper Product Manufacturing |
293.8 |
1,765 |
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Subsidiary |
Lodz |
Poland |
Travel and Reservation Services |
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30 |
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Subsidiary |
Ostroleka |
Poland |
Paper Product Manufacturing |
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Subsidiary |
Ettlingen, Baden-Württemberg |
Germany |
Paper Wholesale |
1,147.4 |
1,030 |
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Subsidiary |
Thalwil |
Switzerland |
Paper Wholesale |
231.1 |
229 |
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Subsidiary |
Bruxelles |
Belgium |
Miscellaneous Wholesale |
0.0 |
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Subsidiary |
Skoghall |
Sweden |
Paper Product Manufacturing |
854.8 |
984 |
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Subsidiary |
Wisconsin Rapids, WI |
United States |
Paper Product Manufacturing |
591.8 |
973 |
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Subsidiary |
Helsinki |
Finland |
Wood Product Manufacturing |
326.2 |
524 |
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Subsidiary |
Brand |
Austria |
Wood Product Manufacturing |
498.4 |
808 |
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Subsidiary |
Plana |
Czech Republic |
Wood Product Manufacturing |
112.1 |
230 |
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Subsidiary |
Pfarrkirchen, Bayern |
Germany |
Construction and Hardware Materials Wholesale |
104.2 |
100 |
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Subsidiary |
Kerava |
Finland |
Construction and Hardware Materials Wholesale |
209.1 |
171 |
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Subsidiary |
Rp Nebolchi |
Russian Federation |
Wood Product Manufacturing |
44.6 |
90 |
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Subsidiary |
Palkane |
Finland |
Furniture Manufacturing |
13.2 |
30 |
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Subsidiary |
Tokyo |
Japan |
Miscellaneous Wholesale |
|
5 |
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Subsidiary |
Impilakhti |
Russian Federation |
Wood Product Manufacturing |
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Subsidiary |
Koper |
Slovenia |
Miscellaneous Wholesale |
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Subsidiary |
Ybbs an der Donau |
Austria |
Miscellaneous Wholesale |
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Subsidiary |
Bad Sankt Leonhard |
Austria |
Wood Product Manufacturing |
|
260 |
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Subsidiary |
Sollenau |
Austria |
Paper Wholesale |
|
100 |
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Subsidiary |
Murow |
Poland |
Miscellaneous Wholesale |
|
30 |
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Subsidiary |
Bratislava |
Slovakia |
Miscellaneous Wholesale |
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Subsidiary |
Zdirec |
Czech Republic |
Miscellaneous Wholesale |
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Subsidiary |
Helsinki |
Finland |
Paper Product Manufacturing |
|
500 |
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Subsidiary |
Wavre |
Belgium |
Paper Wholesale |
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500 |
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Subsidiary |
Brussels |
Belgium |
Paper Wholesale |
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Subsidiary |
Kallo |
Belgium |
Commercial and Industrial Rental |
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Subsidiary |
Helsinki |
Finland |
Paper Product Manufacturing |
374.8 |
490 |
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Facility |
Kemi |
Finland |
Crop and Animal Production |
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1,400 |
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Subsidiary |
Uetersen, Schleswig-Holstein |
Germany |
Paper Product Manufacturing |
165.5 |
430 |
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Subsidiary |
Gent |
Belgium |
Paper Product Manufacturing |
338.3 |
393 |
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Subsidiary |
Tisselt |
Belgium |
Paper Product Manufacturing |
55.7 |
42 |
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Subsidiary |
Brebières |
France |
Paper Product Manufacturing |
263.9 |
348 |
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Subsidiary |
Uimaharju |
Finland |
Paper Product Manufacturing |
406.1 |
320 |
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Subsidiary |
Eilenburg, Sachsen |
Germany |
Paper Product Manufacturing |
224.0 |
320 |
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Subsidiary |
Balabanovo, Kaluzhskaya Oblast |
Russian Federation |
Paper Product Manufacturing |
|
315 |
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Subsidiary |
Arapoti, Parana |
Brazil |
Crop and Animal Production |
34.9 |
300 |
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Subsidiary |
Anjalankoski |
Finland |
Paper Product Manufacturing |
213.8 |
271 |
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Subsidiary |
Lahti |
Finland |
Paper Product Manufacturing |
93.9 |
271 |
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Subsidiary |
Saint-Seurin-sur-l-Isle |
France |
Paper Product Manufacturing |
|
87 |
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Subsidiary |
Elduain, Guipuzcoa |
Spain |
Paper Product Manufacturing |
11.0 |
30 |
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Subsidiary |
Bolton |
United Kingdom |
Paper Product Manufacturing |
19.9 |
63 |
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UK Branch/Trading address |
Bolton |
United Kingdom |
Paper Product Manufacturing |
19.9 |
100 |
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Subsidiary |
Edam |
Netherlands |
Paper Product Manufacturing |
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60 |
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Subsidiary |
Wisconsin Rapids, WI |
United States |
Paper Product Manufacturing |
8.2 |
5 |
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Subsidiary |
Hamburg |
Germany |
Paper Product Manufacturing |
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Subsidiary |
Stockholm |
Sweden |
Paper Product Manufacturing |
8.9 |
223 |
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Subsidiary |
Borlänge |
Sweden |
Paper Product Manufacturing |
609.4 |
800 |
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Subsidiary |
Hyltebruk |
Sweden |
Paper Product Manufacturing |
471.1 |
788 |
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Subsidiary |
Nymolla |
Sweden |
Paper Product Manufacturing |
459.9 |
750 |
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Subsidiary |
Fors |
Sweden |
Paper Product Manufacturing |
465.0 |
676 |
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Subsidiary |
Suzhou |
China |
Paper Product Manufacturing |
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560 |
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Subsidiary |
Skutskar |
Sweden |
Paper Product Manufacturing |
416.3 |
394 |
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Subsidiary |
Skutskar |
Sweden |
Paper Product Manufacturing |
|
700 |
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Subsidiary |
Falun |
Sweden |
Wood Product Manufacturing |
344.7 |
377 |
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Subsidiary |
Bassens |
France |
Construction and Hardware Materials Wholesale |
75.6 |
34 |
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Subsidiary |
Falun |
Sweden |
Paper Wholesale |
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120 |
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Subsidiary |
Falun |
Sweden |
Crop and Animal Production |
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55 |
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Subsidiary |
Falun |
Sweden |
Forestry and Logging |
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50 |
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Subsidiary |
Falun |
Sweden |
Crop and Animal Production |
1,029.8 |
543 |
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Subsidiary |
Linkoping |
Sweden |
Forestry and Logging |
144.9 |
12 |
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Subsidiary |
Courbevoie |
France |
Paper Wholesale |
11.4 |
39 |
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Subsidiary |
Norrkoping |
Sweden |
Paper Product Manufacturing |
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20 |
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Subsidiary |
Beijing |
China |
Crop and Animal Production |
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15 |
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Subsidiary |
Kolding |
Denmark |
Paper Wholesale |
2.8 |
14 |
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Subsidiary |
Zurich |
Switzerland |
Paper Wholesale |
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14 |
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Subsidiary |
Amsterdam |
Netherlands |
Paper Wholesale |
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13 |
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Subsidiary |
Jonkoping |
Sweden |
Paper Product Manufacturing |
3.8 |
11 |
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Subsidiary |
Prague |
Czech Republic |
Crop and Animal Production |
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6 |
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Subsidiary |
Zdirec |
Czech Republic |
Wood Product Manufacturing |
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Subsidiary |
Dubendorf |
Switzerland |
Paper Product Manufacturing |
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Subsidiary |
Copenhagen |
Denmark |
Paper Product Manufacturing |
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Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Consulting Services |
165.0 |
221 |
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Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Paper Product Manufacturing |
681.6 |
1,300 |
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Subsidiary |
Hagen, Nordrhein-Westfalen |
Germany |
Paper Product Manufacturing |
|
800 |
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Subsidiary |
Hagen, Nordrhein-Westfalen |
Germany |
Administrative Services |
|
1 |
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Subsidiary |
Karlsruhe, Baden-Württemberg |
Germany |
Paper Product Manufacturing |
366.0 |
604 |
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Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Consulting Services |
381.3 |
45 |
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Branch |
Lübeck, Schleswig-Holstein |
Germany |
Commercial and Industrial Rental |
|
23 |
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Subsidiary |
Bochum, Nordrhein-Westfalen |
Germany |
Paper Product Manufacturing |
17.4 |
17 |
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Holding |
Helsinki |
Finland |
Crop and Animal Production |
|
200 |
|
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Subsidiary |
Kemi |
Finland |
Crop and Animal Production |
|
1,500 |
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Subsidiary |
Tallinn |
Estonia |
Forestry and Logging |
|
200 |
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Subsidiary |
Riga |
Latvia |
Paper Product Manufacturing |
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65 |
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Subsidiary |
Harjumaa |
Estonia |
Construction and Hardware Materials Wholesale |
|
16 |
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Subsidiary |
Alytus |
Lithuania |
Paper Product Manufacturing |
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Subsidiary |
Vilnius |
Lithuania |
Construction and Hardware Materials Wholesale |
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7 |
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Stora Enso Packaging Csomagoloeszkoz-gyarto
kft |
Subsidiary |
Paty |
Hungary |
Paper Product Manufacturing |
46.0 |
187 |
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Subsidiary |
Jonkoping |
Sweden |
Construction and Hardware Materials Wholesale |
338.4 |
142 |
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Subsidiary |
Ãhus, Skane |
Sweden |
Forestry and Logging |
13.9 |
8 |
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Subsidiary |
Oulu |
Finland |
Consulting Services |
23.6 |
128 |
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Subsidiary |
Helsinki |
Finland |
Crop and Animal Production |
150.5 |
120 |
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Subsidiary |
Lahti |
Finland |
Paper Product Manufacturing |
|
400 |
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Subsidiary |
Jonkoping |
Sweden |
Paper Product Manufacturing |
143.2 |
443 |
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Subsidiary |
Paty |
Hungary |
Paper Product Manufacturing |
|
200 |
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Subsidiary |
Riga |
Latvia |
Paper Product Manufacturing |
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130 |
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Subsidiary |
Harjumaa |
Estonia |
Paper Product Manufacturing |
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36 |
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Subsidiary |
Lahti |
Finland |
Paper Product Manufacturing |
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Division |
Imatra |
Finland |
Crop and Animal Production |
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2,200 |
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Division |
Lahti |
Finland |
Crop and Animal Production |
|
425 |
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Division |
Imatra |
Finland |
Crop and Animal Production |
|
100 |
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Subsidiary |
Kaunas |
Lithuania |
Paper Product Manufacturing |
20.8 |
47 |
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Subsidiary |
Lahti |
Finland |
Machinery and Equipment Manufacturing |
4.4 |
35 |
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Subsidiary |
Lahti |
Finland |
Machinery and Equipment Manufacturing |
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Subsidiary |
Kallo (Kieldrecht) |
Belgium |
Paper Wholesale |
13.6 |
96 |
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Subsidiary |
Cape Town |
South Africa |
Paper Wholesale |
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80 |
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Subsidiary |
Ettlingen, Baden-Württemberg |
Germany |
Paper Product Manufacturing |
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70 |
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Subsidiary |
Baienfurt, Baden-Württemberg |
Germany |
Paper Product Manufacturing |
11.9 |
40 |
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Subsidiary |
Amsterdam Zuidoost, Noord-Holland |
Netherlands |
Miscellaneous Wholesale |
369.9 |
27 |
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Subsidiary |
Amsterdam, Noord-Holland |
Netherlands |
Construction and Hardware Materials Wholesale |
33.8 |
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Subsidiary |
Amsterdam Zuidoost, Noord-Holland |
Netherlands |
Paper Product Manufacturing |
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Subsidiary |
Gothenburg |
Sweden |
Consulting Services |
775.7 |
25 |
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Subsidiary |
Stamford, CT |
United States |
Paper Product Manufacturing |
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25 |
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Subsidiary |
Stamford, CT |
United States |
Paper Wholesale |
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3 |
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Subsidiary |
Helsinki |
Finland |
Construction and Hardware Materials Wholesale |
381.8 |
21 |
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Subsidiary |
Vimodrone, Milan |
Italy |
Paper Wholesale |
4.7 |
20 |
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Subsidiary |
Orpington |
United Kingdom |
Miscellaneous Professional Services |
|
20 |
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Subsidiary |
Stowmarket |
United Kingdom |
Paper Product Manufacturing |
8.1 |
57 |
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Subsidiary |
Orpington |
United Kingdom |
Paper Product Manufacturing |
9.8 |
56 |
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UK Branch/Trading address |
Nottingham |
United Kingdom |
Paper Product Manufacturing |
9.8 |
20 |
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Subsidiary |
Orpington |
United Kingdom |
Miscellaneous Wholesale |
34.3 |
7 |
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Subsidiary |
Orpington |
United Kingdom |
Miscellaneous Wholesale |
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Subsidiary |
Orpington |
United Kingdom |
Miscellaneous Professional Services |
6.2 |
4 |
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Subsidiary |
Orpington |
United Kingdom |
Miscellaneous Professional Services |
0.1 |
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Subsidiary |
Orpington |
United Kingdom |
Paper Product Manufacturing |
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Subsidiary |
Tilbury |
United Kingdom |
Trucking |
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Subsidiary |
London |
United Kingdom |
Holding Companies |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Establishments |
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Subsidiary |
Glasgow |
United Kingdom |
Nonclassifiable Establishments |
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Subsidiary |
Orpington |
United Kingdom |
Nonclassifiable Establishments |
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Subsidiary |
Singapore |
Singapore |
Paper Wholesale |
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20 |
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Subsidiary |
Vientiane |
Lao People's Democratic Republic |
Forestry and Logging |
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80 |
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Subsidiary |
Singapore |
Singapore |
Paper Wholesale |
|
16 |
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Subsidiary |
Kuala Lumpur |
Malaysia |
Crop and Animal Production |
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8 |
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Subsidiary |
Jakarta |
Indonesia |
Paper Wholesale |
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Subsidiary |
Moscow |
Russian Federation |
Paper Wholesale |
|
20 |
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Subsidiary |
Saint Petersburg |
Russian Federation |
Crop and Animal Production |
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Subsidiary |
Olonets |
Russian Federation |
Forestry and Logging |
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Subsidiary |
Saint Petersburg |
Russian Federation |
Forestry and Logging |
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Subsidiary |
Madrid |
Spain |
Paper Wholesale |
4.3 |
17 |
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Subsidiary |
Castellbisbal, Barcelona |
Spain |
Paper Product Manufacturing |
185.8 |
267 |
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Subsidiary |
Madrid |
Spain |
Paper Product Manufacturing |
|
20 |
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Subsidiary |
Shanghai |
China |
Paper Wholesale |
|
15 |
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Holding |
Imatra |
Finland |
Miscellaneous Store Retailers |
|
13 |
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Division |
Imatra |
Finland |
Forestry and Logging |
|
100 |
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Subsidiary |
Helsinki |
Finland |
Crop and Animal Production |
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Subsidiary |
North Sydney, NSW |
Australia |
Miscellaneous Wholesale |
2.1 |
12 |
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Subsidiary |
Athens |
Greece |
Paper Wholesale |
|
12 |
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Subsidiary |
Tokyo |
Japan |
Construction and Hardware Materials Wholesale |
|
12 |
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Subsidiary |
Causeway Bay |
Hong Kong |
Paper Wholesale |
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10 |
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Subsidiary |
Warszawa |
Poland |
Paper Wholesale |
1.6 |
9 |
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Subsidiary |
Wien |
Austria |
Paper Wholesale |
3.2 |
8 |
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Subsidiary |
Dubai |
United Arab Emirates |
Paper Product Manufacturing |
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7 |
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Subsidiary |
Beirut, Jdeideh |
Lebanon |
Construction and Hardware Materials Wholesale |
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Subsidiary |
Seoul |
Korea, Republic of |
Construction and Hardware Materials Wholesale |
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7 |
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Subsidiary |
Vienna |
Austria |
Paper Wholesale |
|
6 |
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Subsidiary |
Vienna |
Austria |
Crop and Animal Production |
|
6 |
|
|
Subsidiary |
|
|
|
|
2 |
|
|
Subsidiary |
Estoril, Cascais |
Portugal |
Miscellaneous Wholesale |
0.4 |
1 |
|
|
Subsidiary |
Kotka |
Finland |
Paper Wholesale |
1.6 |
|
|
|
Subsidiary |
Imatra |
Finland |
Electricity Generation and Distribution |
1.0 |
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Buenos Aires |
Argentina |
Paper Wholesale |
|
|
|
|
Subsidiary |
Sao Paulo |
Brazil |
Paper Wholesale |
|
|
|
|
Subsidiary |
Arapoti, PA |
Brazil |
Paper Product Manufacturing |
232.7 |
350 |
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Paper Wholesale |
|
150 |
|
|
Subsidiary |
Brebieres |
France |
Holding Companies |
|
|
|
|
Subsidiary |
Hamburg |
Germany |
Paper Wholesale |
|
|
|
|
Subsidiary |
Eilenburg |
Germany |
Crop and Animal Production |
|
320 |
|
|
Subsidiary |
Dusseldorf |
Germany |
Crop and Animal Production |
|
300 |
|
|
Subsidiary |
Dusseldorf |
Germany |
Crop and Animal Production |
|
220 |
|
|
Subsidiary |
Lubeck |
Germany |
Commercial and Industrial Rental |
|
30 |
|
|
Subsidiary |
Monchengladbach |
Germany |
Paper Product Manufacturing |
|
|
|
|
Subsidiary |
Hagen |
Germany |
Paper Product Manufacturing |
|
|
|
|
Subsidiary |
Mexico |
Mexico |
Paper Wholesale |
|
|
|
Annual Profit & Loss
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
SEK |
SEK |
SEK |
|
Exchange Rate
(Period Average) |
6.493691 |
7.206564 |
7.645194 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Total Revenue |
763.5 |
609.5 |
598.1 |
|
Gross Profit |
121.9 |
64.9 |
75.5 |
|
Net Financial Items |
-4.0 |
-5.0 |
-12.0 |
|
Operating Income |
59.6 |
8.8 |
23.6 |
|
Income Before Tax |
-6.1 |
29.0 |
-43.3 |
|
Net Income |
-4.7 |
21.0 |
-31.9 |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Filed Currency |
SEK |
SEK |
SEK |
|
Exchange Rate |
6.8553 |
6.72285 |
7.1401 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Total Assets |
932.3 |
967.2 |
1,129.3 |
|
Provisions |
555.2 |
588.9 |
580.0 |
|
Total Liabilities |
348.9 |
345.2 |
521.0 |
|
Total Equity |
28.1 |
33.1 |
28.3 |
Annual Ratios
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
- |
- |
- |
|
Exchange Rate |
- |
- |
- |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Operating Margin |
8.02 |
1.49 |
4.06 |
|
Current Ratio |
76.49 |
71.08 |
78.33 |
|
Total debt/total equity |
45.89 |
47.26 |
39.49 |
|
Return on average equity |
12.31 |
0.88 |
2.80 |
Annual Growth Rates
|
|
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
12 Months |
12 Months |
|
Filed Currency |
- |
- |
|
Exchange Rate |
- |
- |
|
Consolidated |
No |
No |
|
|
|
|
|
Turnover Percent Change |
12.87% |
-3.95% |
|
Marginal Contribution Percent Change |
69.41% |
-19.05% |
|
Net Financial Items Percent Change |
27.98% |
60.55% |
|
Operating Results Percent Change |
513.63% |
-65.06% |
|
Profit/Loss Before Tax Percent Change |
-119.07% |
163.22% |
|
Profit/Loss for the Year Percent Change |
-119.96% |
162.03% |
|
Assets Percent Change |
-1.71% |
-19.35% |
|
Provisions Percent Change |
-3.86% |
-4.40% |
|
Debts Percent Change |
3.05% |
-37.61% |
|
Equity Capital Percent Change |
-13.51% |
10.19% |
|
Operating Margin Percent Change |
438.26% |
-63.30% |
|
Current Ratio Percent Change |
7.61% |
-9.26% |
|
Debt/Equity Ratio Percent Change |
-2.90% |
19.68% |
|
Retun On Equity Percent Change |
1,298.86% |
-68.57% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian
Rupees |
|
US Dollar |
1 |
Rs.63.78 |
|
UK Pound |
1 |
Rs.100.70 |
|
Euro |
1 |
Rs.84.66 |
INFORMATION DETAILS
|
Report
Prepared by : |
NLM |
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%)