|
Report Date : |
24.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
MYDATA AUTOMATION AB |
|
|
|
|
Registered Office : |
Box 3141, 18303 Täby |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2012 |
|
|
|
|
Date of Incorporation : |
03.01.1984 |
|
|
|
|
Com. Reg. No.: |
5562386739 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Subject is engage in development, manufacture and marketing of ytmonterings-, optical-and other equipment for
electronics production, as well as engage in other business compatible
therewith. |
|
|
|
|
No. of Employees : |
102 |
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Sweden |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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.
|
Source
: CIA |
|
Business Name |
MYDATA AUTOMATION AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5562386739 |
|
Main Activity |
Manufacture of other special-purpose machinery n.e.c. |
|
Activity Code |
28990 |
|
Company Status |
Active |
|
Latest Turnover Figure |
710.027.000 |
|
Latest Shareholder Equity Figure |
147.184.000 |
|
Basic
Information |
|
|
Business Name |
MYDATA automation AB |
|
Registered Company Name |
MYDATA automation AB |
|
Company Registration Number |
5562386739 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556238673901 |
|
Date of Company Registration |
03/01/1984 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active |
|
Currency of this Report |
SEK |
|
Principal Activity Description |
The company shall, directly or indirectly,
engage in development, manufacture and marketing of ytmonterings-,
optical-and other equipment for electronics production, as well as engage in
other business compatible therewith. |
|
Contact Address |
Box 3141, 18303 TÄBY |
|
Contact Telephone Number |
08-6385200 |
|
Activity Code |
Activity Description |
|
28990 |
Manufacture of other special-purpose machinery n.e.c. |
|
Address |
Country |
Telephone |
|
Box 3141, 18303 TÄBY |
SWEDEN |
08-6385200 |
|
Other Address |
|
|
Address |
Country |
|
No other addresses for this company. |
|
|
Email Addresses |
|
No information for this company. |
|
Web Pages |
|
No information for this company. |
|
Current
Directors |
|||
|
Name |
Appointment Date |
Position |
|
|
Thorsten Robert Göthner |
26/11/2012 |
Actual Member of Board |
|
|
Niklas Edling |
11/04/2014 |
Actual Member of Board |
|
|
Per Erik Ekstedt |
26/11/2012 |
Actual Member of Board |
|
|
Previous
Directors |
|||
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Per Håkan Sture Färdig |
02/12/2009 |
Actual Member of Board |
|
|
Johan Erik Peter Uddfors |
02/12/2009 |
Actual Member of Board |
|
|
Carina Gabriella Wång |
20/05/2011 |
Actual Member of Board |
|
|
Nils Carl-Johan Blomberg |
02/12/2009 |
Chairman of Board |
|
|
Bengt Ernest Broman |
09/01/2007 |
Managing Director |
|
|
Sven Erhard Löfquist |
17/09/2009 |
Actual Member of Board |
|
|
Tommy Åke Andersson |
18/06/1999 |
Actual Member of Board |
|
|
Carl Peter Staffan Björkman |
27/05/2008 |
Actual Member of Board |
|
|
Peter Andreas Bladh |
27/05/2008 |
Actual Member of Board |
|
|
Rune Bertil Glavare |
30/12/2008 |
Actual Member of Board |
|
|
Ove Henning Mattsson |
13/10/2008 |
Actual Member of Board |
|
|
Lars Stefan Edvard Sahlin |
20/02/2001 |
Actual Member of Board |
|
|
Dag Johan Magnus Hugo Tigerschiöld |
|
Actual Member of Board |
|
|
Johan Patrik Tigerschiöld |
09/08/2006 |
Chairman of Board |
|
|
Mikael Torvald Jungin |
02/05/2005 |
Substitute |
|
|
Nils Peter Sundström |
02/05/2005 |
Substitute |
|
No negative information given.
|
Issued Share Capital |
6.149.261 |
|
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 |
6 |
Extended Group
Structure
|
Company Name |
Country |
Number |
Latest Annual Accounts |
|
SE |
5563512374 |
31/12/2012 |
|
|
1Micronic Laser Systems Far East Co Ltd |
TW |
|
|
|
US |
US22797483 |
|
|
|
1Micronic Laser Systems Korea Co Ltd |
KR |
|
|
|
1Micronic Mydata (Shanghai) Co. Ltd |
CN |
|
|
|
1Micronic Mydata Japan Kk |
JP |
|
|
|
SE |
5565010989 |
31/12/2011 |
|
|
SE |
5562386739 |
31/12/2012 |
|
|
2Mydata Asia Pte Ltd |
SG |
|
|
|
NL |
171313390000 |
31/12/2012 |
|
|
US |
US42610325 |
|
|
|
GB |
02524693 |
31/12/2012 |
|
|
FR |
333906139 |
31/12/2012 |
|
|
2MYDATA automation GmbH |
DE |
HRB 302363 |
31/12/2008 |
|
SE |
5562691674 |
31/12/2010 |
|
Profit and Loss |
|||
|
Financial Year |
2012 |
2011 |
2010 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
N |
N |
N |
|
Revenue |
711.587.000 |
681.189.000 |
481.302.000 |
|
Operating Costs |
666.425.000 |
575.049.000 |
431.776.000 |
|
Operating Profit |
45.162.000 |
106.140.000 |
49.526.000 |
|
Wages & Salaries |
- |
- |
- |
|
Depreciation |
- |
- |
- |
|
Financial Income |
461.000 |
974.000 |
332.000 |
|
Financial Expenses |
-116.000 |
-209.000 |
-869.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
-116.000 |
-209.000 |
-869.000 |
|
Profit before Tax |
45.507.000 |
106.905.000 |
48.989.000 |
|
Tax |
-14.111.000 |
-28.168.000 |
-11.937.000 |
|
Profit after Tax |
31.396.000 |
78.737.000 |
37.052.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
- |
- |
- |
|
Retained Profit |
31.396.000 |
78.737.000 |
37.052.000 |
|
Balance Sheet |
|||
|
Financial Year |
2012 |
2011 |
2010 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
N |
N |
N |
|
Land & Buildings |
0 |
0 |
0 |
|
Plant & Machinery |
464.000 |
898.000 |
2.006.000 |
|
Other Tangible Assets |
0 |
0 |
0 |
|
Total Tangible Assets |
464.000 |
898.000 |
2.006.000 |
|
Goodwill |
0 |
0 |
0 |
|
Other Intangible Assets |
0 |
0 |
0 |
|
Total Intangible Assets |
0 |
0 |
0 |
|
Loans To Group |
0 |
17.934.000 |
17.988.000 |
|
Other Loans |
0 |
3.930.000 |
6.823.000 |
|
Miscellaneous Fixed Assets |
28.655.000 |
13.521.000 |
13.089.000 |
|
Total Other Fixed Assets |
28.655.000 |
35.385.000 |
37.900.000 |
|
TOTAL FIXED ASSETS |
29.119.000 |
36.283.000 |
39.906.000 |
|
Work In Progress |
0 |
0 |
0 |
|
Other Inventories |
204.383.000 |
253.674.000 |
200.579.000 |
|
Total Inventories |
204.383.000 |
253.674.000 |
200.579.000 |
|
Trade Receivables |
25.090.000 |
44.055.000 |
32.257.000 |
|
Group Receivables |
49.681.000 |
75.748.000 |
73.757.000 |
|
Miscellaneous Receivables |
13.462.000 |
25.574.000 |
19.645.000 |
|
Total Receivables |
88.233.000 |
145.377.000 |
125.659.000 |
|
Cash |
98.985.000 |
82.442.000 |
49.784.000 |
|
Other Current Assets |
0 |
0 |
0 |
|
TOTAL CURRENT ASSETS |
391.601.000 |
481.493.000 |
376.022.000 |
|
TOTAL ASSETS |
420.720.000 |
517.776.000 |
415.928.000 |
|
Trade Payables |
51.832.000 |
84.537.000 |
72.089.000 |
|
Bank Liabilities |
0 |
0 |
0 |
|
Group Payables |
186.111.000 |
261.563.000 |
151.587.000 |
|
Miscellaneous Liabilities |
28.831.000 |
16.258.000 |
38.064.000 |
|
TOTAL CURRENT LIABILITIES |
266.774.000 |
362.358.000 |
261.740.000 |
|
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 |
6.762.000 |
7.883.000 |
5.350.000 |
|
TOTAL LONG TERM LIABILITIES |
6.762.000 |
7.883.000 |
5.350.000 |
|
TOTAL LIABILITIES |
273.536.000 |
370.241.000 |
267.090.000 |
|
Called Up Share Capital |
6.149.000 |
6.149.000 |
6.149.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
170.721.000 |
219.459.000 |
140.675.000 |
|
Other Reserves |
-29.686.000 |
-78.073.000 |
2.014.000 |
|
TOTAL SHAREHOLDERS EQUITY |
147.184.000 |
147.535.000 |
148.838.000 |
|
Other Financials |
|||
|
Contingent Liabilities |
2.934.000 |
1.547.000 |
1.204.000 |
|
Working Capital |
124.827.000 |
119.135.000 |
114.282.000 |
|
Net Worth |
147.184.000 |
147.535.000 |
148.838.000 |
|
Ratios |
|||
|
Pre-Tax Profit Margin |
6.40 % |
15.69 % |
10.18 % |
|
Return On Capital Employed |
6.62 % |
12.15 % |
7.23 % |
|
Return On Total Assets Employed |
10.82 % |
20.65 % |
11.78 % |
|
Return On Net Assets Employed |
30.92 % |
72.46 % |
32.91 % |
|
Sales/Net Working Capital |
5.70 |
5.72 |
4.21 |
|
Stock Turnover Ratio |
28.72 % |
37.24 % |
41.67 % |
|
Debtor Days |
12.87 |
23.61 |
24.46 |
|
Creditor Days |
26.59 |
45.30 |
54.67 |
|
Current Ratio |
1.47 |
1.33 |
1.44 |
|
Liquidity Ratio/Acid Test |
0.70 |
0.63 |
0.67 |
|
Current Debt Ratio |
1.81 |
2.46 |
1.76 |
|
Gearing |
|
|
|
|
Equity In Percentage |
37.54 % |
30.58 % |
39.37 % |
|
Total Debt Ratio |
1.86 |
2.51 |
1.79 |
Na
|
Employee Information |
|
|
Year |
Number of Employees |
|
2012 |
102 |
|
2011 |
107 |
|
2010 |
134 |
|
2009 |
154 |
|
2008 |
192 |
|
Advisors |
|
|
Auditor Name |
Ernst & Young Aktiebolag |
|
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 |
28990 |
|
Activity Description |
Manufacture of other special-purpose machinery n.e.c. |
|
Event History |
|
|
Event Date |
Event Description |
|
12/04/2014 |
Authorised signatories amended or new/amended
vacancy text |
|
12/04/2014 |
Company representatives, changed |
|
29/08/2013 |
Group Structure Change |
|
13/08/2013 |
Group annual accout, new |
|
13/08/2013 |
Annual account, new |
|
23/07/2013 |
Annual report (PDF), new |
|
05/06/2013 |
Group Structure Change |
|
27/11/2012 |
Authorised signatories amended or new/amended
vacancy text |
|
27/11/2012 |
Company representatives, changed |
|
07/08/2012 |
Annual account, new |
|
07/08/2012 |
Group annual accout, new |
|
16/07/2012 |
Annual report (PDF), new |
|
10/10/2011 |
Annual account, new |
|
10/10/2011 |
Group annual accout, new |
|
06/09/2011 |
Annual report (PDF), new |
|
21/05/2011 |
Authorised signatories amended or new/amended
vacancy text |
|
21/05/2011 |
Company representatives, changed |
|
21/05/2011 |
Board, changed |
|
29/03/2011 |
Fax number, new |
|
29/03/2011 |
Phone number, new |
|
07/02/2011 |
Certificate, deregistered |
|
22/09/2010 |
Annual account, new |
|
09/09/2010 |
Annual report (PDF), new |
|
28/08/2010 |
Company business activity, changed |
|
24/04/2010 |
Address, changed |
|
03/12/2009 |
Board, changed |
|
03/12/2009 |
Authorised signatory, changed |
|
03/12/2009 |
Company representatives, changed |
|
18/09/2009 |
Board, changed |
|
18/09/2009 |
Company name, changed (old name: Mydata
Automation Aktiebolag) |
|
18/09/2009 |
Company representatives, changed |
|
18/09/2009 |
Company business activity, changed |
|
18/09/2009 |
Place of residence, changed |
|
18/09/2009 |
Authorised signatory, changed |
|
29/05/2009 |
Annual account, new |
|
15/05/2009 |
Annual report (PDF), new |
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.07 |
|
|
1 |
Rs.102.77 |
|
Euro |
1 |
Rs.84.49 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
NNA |
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.