MIRA
INFORM REPORT
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Report Date : |
07.04.2014 |
IDENTIFICATION DETAILS
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Name : |
PERTEN INSTRUMENTS AB |
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Registered Office : |
Instrumentvägen 31, Hägersten, 12609 |
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Country : |
Sweden |
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Financials (as on) : |
31.12.2012 |
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Year of Establishment : |
1962 |
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Com. Reg. No.: |
5560845736 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Subject is engaged in manufacturing instruments and instrumentation systems
for laboratory analysis of the chemical or physical composition or
concentration of samples of solid, fluid, gaseous, or composite material. |
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No of Employees : |
62 |
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 : |
No Complaints |
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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 – december 01, 2013
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Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
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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 a rebound in 2010, but growth slipped in 2013, as a result of continued
economic weakness in the EU - Sweden’s main export market.
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Source
: CIA |
COMPANY details
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Perten Instruments AB |
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Business Description
Perten Instruments AB (Perten Instruments) is an analytical
instruments supplier. The company manufactures, supplies, and markets its
analytical instruments to the agricultural industries. Its products include DA
7300 Online NIR, Inframatic 9500, Inframatic 9140, Rapid Visco Analyser (RVA),
micro-doughLAB, TexVol TVT 300, Falling Number, DA 7200 NIR analyzer,
Inframatic 8600, Aquamatic 5200, doughLAB, TexVol BVM volume meter, Glutomatic,
Lab mills and Inframatic 9200. Perten’s instruments are used in various
applications such as grain collection and trade, bio-ethanol production,
malting, breeding, mixing plants, feed milling, oilseed milling and flour
milling. The company’s products are distributed through its distribution
networks in 100 countries. Perten Instruments is headquartered in Hagersten,
Sweden.
Industry
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Industry |
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ANZSIC
2006: |
2419 -
Other Professional and Scientific Equipment Manufacturing |
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ISIC
Rev 4: |
2651 -
Manufacture of measuring, testing, navigating and control equipment |
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NACE
Rev 2: |
2651 -
Manufacture of instruments and appliances for measuring, testing and
navigation |
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NAICS
2012: |
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UK
SIC 2007: |
2651 -
Manufacture of instruments and appliances for measuring, testing and
navigation |
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US
SIC 1987: |
Key Executives
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Name |
Title |
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Sven Holmlund |
verkst dir |
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Jimmy Oscarsson |
Finance Manager |
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Cajsa Wilson |
IT Executive |
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Mauri Syväjärvi |
Purchasing Executive |
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Fredrik Lambert-Olsson |
ledamot och ordförande |
News
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Title |
Date |
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M&A Portal (308 Words) |
25-Mar-2014 |
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Charentes
Alliance Selects Perten NIR Grain Analyzers Food Processing Technology (194 Words) |
20-Mar-2014 |
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Perten
Instruments-Diode Array NIR Analysis Systems for Lab, At-Line and Process Food Processing Technology (1108 Words) |
11-Mar-2014 |
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Perten's
NIR instrument analyzes dairy samples Dairy Foods (101 Words) |
20-Feb-2014 |
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Weekly Times (Australia) (397 Words) |
9-Oct-2013 |
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$26,050
Federal Contract Awarded to Perten Instruments Targeted News Service (70 Words) |
5-Sep-2013 |
1 - Profit & Loss Item Exchange Rate: USD 1 = SEK 6.775133
2 - Balance Sheet Item Exchange Rate: USD 1 = SEK 6.5125
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ANZSIC 2006 Codes: |
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2419 |
- |
Other Professional and Scientific Equipment Manufacturing |
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2411 |
- |
Photographic, Optical and Ophthalmic Equipment Manufacturing |
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2469 |
- |
Other Specialised Machinery and Equipment Manufacturing |
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ISIC Rev 4 Codes: |
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2651 |
- |
Manufacture of measuring, testing, navigating and control equipment |
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2670 |
- |
Manufacture of optical instruments and photographic equipment |
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2825 |
- |
Manufacture of machinery for food, beverage and tobacco processing |
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NACE Rev 2 Codes: |
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2651 |
- |
Manufacture of instruments and appliances for measuring, testing and
navigation |
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2893 |
- |
Manufacture of machinery for food, beverage and tobacco processing |
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2670 |
- |
Manufacture of optical instruments and photographic equipment |
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NAICS 2012 Codes: |
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334516 |
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Analytical Laboratory Instrument Manufacturing |
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333241 |
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Food Product Machinery Manufacturing |
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333314 |
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Optical Instrument and Lens Manufacturing |
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US SIC 1987: |
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3826 |
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Laboratory Analytical Instruments |
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3827 |
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Optical Instruments and Lenses |
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3556 |
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Food Products Machinery |
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UK SIC 2007: |
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2651 |
- |
Manufacture of instruments and appliances for measuring, testing and
navigation |
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26701 |
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Manufacture of optical precision instruments |
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2893 |
- |
Manufacture of machinery for food, beverage and tobacco processing |
Perten Instruments AB is primarily engaged in manufacturing instruments and
instrumentation systems for laboratory analysis of the chemical or physical
composition or concentration of samples of solid, fluid, gaseous, or composite
material.
More Business Descriptions
Perten Instruments AB (Perten Instruments) is an analytical instruments
supplier. The company manufactures, supplies, and markets its analytical
instruments to the agricultural industries. Its products include DA 7300 Online
NIR, Inframatic 9500, Inframatic 9140, Rapid Visco Analyser (RVA),
micro-doughLAB, TexVol TVT 300, Falling Number, DA 7200 NIR analyzer,
Inframatic 8600, Aquamatic 5200, doughLAB, TexVol BVM volume meter, Glutomatic,
Lab mills and Inframatic 9200. Perten’s instruments are used in various
applications such as grain collection and trade, bio-ethanol production,
malting, breeding, mixing plants, feed milling, oilseed milling and flour
milling. The company’s products are distributed through its distribution
networks in 100 countries. Perten Instruments is headquartered in Hagersten,
Sweden.
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Bank: |
SEB |
Corporate
Family
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Corporate Structure News: |
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Perten Instruments AB Total Corporate Family Members: 3 |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Perten Invest AB |
Parent |
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Subsidiary |
Hägersten, Stockholm |
Sweden |
Electromedical and Control Instruments Manufacturing |
36.4 |
62 |
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Subsidiary |
Hamburg, Hamburg |
Germany |
Professional and Commercial Equipment Wholesale |
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20 |
Competitors
Report
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Company Name |
Location |
Employees |
Ownership |
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Analytik Jena AG |
Jena, Germany |
1,083 |
Public |
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Teledyne Instruments |
City Of Industry, California, United States |
5 |
Private |
Executives Report
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Board
of Directors |
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ledamot och ordförande |
Chairman |
KMPS |
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verkst dir |
Director/Board Member |
KMPS |
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Executives |
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verkst dir |
Managing Director |
KMPS |
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Finance Manager |
Finance Executive |
KMPS |
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IT Manager |
Information Executive |
KMPS |
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IT Executive |
Information Executive |
KMPS |
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Purchasing Executive |
Purchasing Executive |
KMPS |
News
Annual Profit & Loss
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31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
SEK |
SEK |
SEK |
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Exchange Rate (Period
Average) |
6.775133 |
6.493691 |
7.206564 |
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Consolidated |
No |
No |
No |
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Total Revenue |
36.4 |
38.4 |
23.9 |
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Gross Profit |
4.9 |
9.2 |
3.5 |
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Net Financial Items |
-0.8 |
-1.4 |
0.2 |
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Operating Income |
4.8 |
9.0 |
3.3 |
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Income Before Tax |
2.8 |
5.8 |
2.9 |
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Net Income |
2.1 |
4.2 |
2.2 |
Annual Balance
Sheet
Financials in: USD (mil)
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31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
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Filed Currency |
SEK |
SEK |
SEK |
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Exchange Rate |
6.5125 |
6.8553 |
6.72285 |
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Consolidated |
No |
No |
No |
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Total Assets |
44.5 |
39.8 |
33.2 |
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Provisions |
5.0 |
3.7 |
1.9 |
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Total Liabilities |
27.7 |
26.9 |
25.7 |
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Total Equity |
11.6 |
9.0 |
5.1 |
Annual Ratios
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31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
- |
- |
- |
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Exchange Rate |
- |
- |
- |
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Consolidated |
No |
No |
No |
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Operating Margin |
13.23 |
23.61 |
14.92 |
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Current Ratio |
192.04 |
228.98 |
43.24 |
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Total debt/total equity |
34.20 |
29.25 |
19.68 |
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Return on average equity |
26.96 |
62.41 |
56.83 |
Annual Growth
Rates
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31-Dec-2011 |
31-Dec-2010 |
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Period Length |
12 Months |
12 Months |
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Filed Currency |
- |
- |
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Exchange Rate |
- |
- |
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Consolidated |
No |
No |
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Turnover Percent Change |
-1.32% |
44.94% |
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Marginal Contribution Percent Change |
-44.23% |
140.97% |
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Net Financial Items Percent Change |
37.33% |
-719.51% |
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Operating Results Percent Change |
-45.04% |
149.80% |
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Profit/Loss Before Tax Percent Change |
-48.52% |
77.47% |
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Profit/Loss for the Year Percent Change |
-48.56% |
69.66% |
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Assets Percent Change |
6.07% |
22.35% |
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Provisions Percent Change |
28.78% |
93.99% |
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Debts Percent Change |
-2.35% |
7.02% |
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Equity Capital Percent Change |
22.62% |
78.48% |
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Operating Margin Percent Change |
-43.96% |
58.24% |
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Current Ratio Percent Change |
-16.13% |
429.56% |
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Debt/Equity Ratio Percent Change |
16.92% |
48.63% |
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Retun On Equity Percent Change |
-56.80% |
9.82% |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 60.32 |
|
|
1 |
Rs. 100.03 |
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Euro |
1 |
Rs. 82.65 |
INFORMATION DETAILS
|
Analysis Done by
: |
KRN |
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Report Prepared
by : |
DPT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.