MIRA INFORM REPORT

 

 

Report Date :

15.12.2014

 

 

IDENTIFICATION DETAILS

 

Name :

SANDVIK SRP AB

 

 

Registered Office :

23381 Svedala

 

 

Country :

Sweden

 

 

Financials (as on) :

2013

 

 

Date of Incorporation :

26.01.1916

 

 

Com. Reg. No.:

5560130535

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture of Machinery for Mining, Quarrying and Construction

 

 

No. of Employees :

525 [2013]

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

 

Status :

Moderate

 

 

Payment Behaviour :

Slow but correct

 

 

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 – September 30, 2014

 

Country Name

Previous Rating

(30.06.2014)

Current Rating

(30.09.2014)

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 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

 


Company Summary

 

Business Name

Sandvik SRP AB

Country

SWEDEN

Company Registration Number

5560130535

Main Activity

Manufacture of machinery for mining, quarrying and construction

Activity Code

28920

Company Status

Active

Latest Turnover Figure

1.697.187.000

Latest Shareholder Equity Figure

53.327.000

 

 

Company Information

 

Basic Information

Business Name

Sandvik SRP AB

Registered Company Name

Sandvik SRP AB

Company Registration Number

5560130535

Country

SWEDEN

VAT Registration Number

SE556013053501

Date of Company Registration

26/01/1916

Legal Form

Limited liability company

Company Status

Active

Currency of this Report

SEK

Principal Activity Description

The company will operate the mechanical verkstadsrorelse and other directly related above activities.

Contact Address

23381 SVEDALA

Contact Telephone Number

040-409000

 

 

Activities

 

Activity Code

Activity Description

28920

Manufacture of machinery for mining, quarrying and construction



Financial Information

 

Profit and Loss

Financial Year

2013

2012

2011

Number of Weeks

52

52

52

Currency

SEK

SEK

SEK

Consolidated Accounts

N

N

N

Revenue

1.697.187.000

1.828.475.000

1.973.111.000

Operating Costs

1.779.852.000

1.731.359.000

1.825.060.000

Operating Profit

-82.665.000

97.116.000

148.051.000

Wages & Salaries

 

 

 

Depreciation                                                                                                                                 -                                - -

Financial Income

53.000

26.000

274.000

Financial Expenses

-31.618.000

-14.771.000

-4.699.000

Extraordinary Income

 

 

 

Extraordinary Costs

-31.618.000

-14.771.000

-4.699.000

Profit before Tax

-114.230.000

82.371.000

98.349.000

Tax

24.947.000

-32.611.000

-41.249.000

Profit after Tax

-89.283.000

49.760.000

57.100.000

Minority Interests                                                                                                                           -                                - -

Other Appropriations

 

 

 

Retained Profit

-89.283.000

49.760.000

57.100.000

 

Balance Sheet

Financial Year

2013

2012

2011

Number of Weeks

52

52

52

Currency

SEK

SEK

SEK

Consolidated Accounts

N

N

N

Land & Buildings

241.182.000

144.675.000

150.839.000

Plant & Machinery

282.869.000

77.744.000

78.736.000

Other Tangible Assets

123.294.000

382.631.000

154.902.000

Total Tangible Assets

647.345.000

605.050.000

384.477.000

Goodwill

0

0

0

Other Intangible Assets

3.260.000

9.055.000

10.717.000

Total Intangible Assets

3.260.000

9.055.000

10.717.000

Loans To Group

0

0

0

Other Loans

0

0

0

Miscellaneous Fixed Assets

27.765.000

2.638.000

6.046.000

Total Other Fixed Assets

27.765.000

2.638.000

6.046.000

TOTAL FIXED ASSETS

678.370.000

616.743.000

401.240.000

Work In Progress

0

0

0

Other Inventories

306.570.000

370.511.000

344.854.000

Total Inventories

306.570.000

370.511.000

344.854.000

Trade Receivables

13.692.000

11.764.000

16.165.000

Group Receivables

164.202.000

213.115.000

199.081.000

Miscellaneous Receivables

36.709.000

35.975.000

29.389.000

Total Receivables

214.603.000

260.854.000

244.635.000

Cash

0

8.560.000

1.180.000

Other Current Assets

0

0

0

TOTAL CURRENT ASSETS

521.173.000

639.925.000

590.669.000

TOTAL ASSETS

1.199.543.000

1.256.668.000

991.909.000

Trade Payables

114.644.000

197.330.000

226.373.000

Bank Liabilities

0

0

0

Group Payables

759.898.000

597.022.000

326.424.000

Miscellaneous Liabilities

185.423.000

265.976.000

215.223.000

TOTAL CURRENT LIABILITIES

1.059.965.000

1.060.328.000

768.020.000

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

86.251.000

53.730.000

50.937.000

 

 

TOTAL LONG TERM LIABILITIES

86.251.000

53.730.000

50.937.000

TOTAL LIABILITIES

1.146.216.000

1.114.058.000

818.957.000

Called Up Share Capital

67.000.000

67.000.000

67.000.000

Share Premium

0

0

0

Revenue Reserves

-27.073.000

142.312.000

203.712.000

Other Reserves

13.400.000

-66.702.000

-97.760.000

TOTAL SHAREHOLDERS EQUITY

53.327.000

142.610.000

172.952.000

 

Other Financials

Contingent Liabilities

13.166.000

84.145.000

84.361.000

Working Capital

-538.792.000

-420.403.000

-177.351.000

Net Worth

50.067.000

133.555.000

162.235.000

 

Ratios

 

Pre-Tax Profit Margin

-6.73 %

4.50 %

4.98 %

Return On Capital Employed

-5.06 %

3.56 %

5.59 %

Return On Total Assets Employed

-9.52 %

6.55 %

9.92 %

Return On Net Assets Employed

-214.21 %

57.76 %

56.86 %

Sales/Net Working Capital

-3.15

-4.35

-11.13

Stock Turnover Ratio

18.06 %

20.26 %

17.48 %

Debtor Days

2.94

2.35

2.99

Creditor Days

24.66

39.39

41.88

Current Ratio

0.49

0.60

0.77

Liquidity Ratio/Acid Test

0.20

0.25

0.32

Current Debt Ratio

19.88

7.44

4.44

Gearing

 

 

 

Equity In Percentage

4.56 %

11.45 %

17.74 %

Total Debt Ratio

21.49

7.81

4.74

 

 

Contact Information

 

Main Address

Address

Country

Telephone

23381 SVEDALA

SWEDEN

040-409000

 

Other Address

Address Country No other addresses for this company.

 

Email Addresses

No information for this company.

 

Web Pages

www.sandvik.com

 

Share Capital Structure

Issued Share Capital 67.000.000

 

 

Directors / Managers

 

Current Directors

Name

Appointment Date

Position

 

Smith, Scot Allen c/o Sandvik Mining and Construction B.V

26/11/2014

Actual Member of Board

 

Hughes, Gary c/o Sanvik Mining and Construction B.V

26/11/2014

Actual Member of Board

Anders Joachim Gsaxner

27/03/2008

Actual Member of Board

 

Bengt Arne Tomas Kvisth

12/01/2013

Actual Member of Board

Vladimir Isaevski

23/11/2012

Actual Member of Board

 

Benny Basballe Pedersen

25/03/2014

Substitute

Mats Arne Tindberg

23/11/2012

Substitute

 

 

Previous Directors

Name

Appointment Date

Position

Resignation Date

Reynolds, Noel Peter

19/11/2013

Actual Member of Board

 

Viet, Michael

19/11/2013

Actual Member of Board

Leif Roger Gothed

21/07/2003

Substitute

 

Puhakka, Ritva Tuula Helena

28/05/2013

Chairman of Board

Sven Gert Ove Skold

28/05/2013

Actual Member of Board

 

Andrew Taylor

12/01/2013

Chairman of Board

Bengt Arne Tomas Kvisth

12/01/2013

Managing Director

 

Thomas Schulz

04/05/2009

Foreign Resident outside the EEA

Mats Arne Tindberg

28/07/2011

Actual Member of Board

 

Vladimir Isaevski

28/07/2011

Substitute

Haavisto, Olli Tapani

23/03/2006

Actual Member of Board

 

Schaffer, Manfred

12/06/2008

Actual Member of Board

Thomas Anders Oscar Warringer

12/05/2009

Foreign Resident outside the EEA

 

Paul Tobias Larsson

10/05/2011

Foreign Resident outside the EEA

 

 

Group Structure

 

Extended Group Structure

 

Company Name

Country

Number

Latest Annual Accounts

Sandvik Aktiebolag

SE

5560003468

31/12/2013

AB Sandvik Construction Segment

SE

5566596952

31/12/2013

AB Sandvik Skogsfastigheter

SE

5565795464

31/12/2013

Aktiebolaget ASCET

SE

5562850882

31/12/2013

Sandklippan 8 AB

SE

5563507895

31/12/2013

lIj Sandvik Global Purchasing AB

SE

5560524315

31/12/2013

 Sandklippan 12 AB

SE

5560419680

31/12/2013

Aktiebolaget Sandvik Bruket

SE

5560285784

31/12/2013

Sandvik Intellectual Property B.V.

NL

243685890000

31/12/2011

Aktiebolaget Sandvik Coromant

SE

5562346865

31/12/2013

Sandklippan 7 AB

SE

5563307791

31/12/2013

Sandvik Hyperion AB

SE

5562346857

31/12/2013

Aktiebolaget Sandvik International

SE

5561472977

31/12/2013

Sandklippan 11 AB

SE

5561356857

31/12/2013

Aktiebolaget Sandvik Materials Technology

SE

5562346832

31/12/2013

Aktiebolaget Sandvik Process Systems

SE

5563122992

31/12/2013

Sandklippan 6 AB

SE

5560814328

31/12/2013

Sandklippan 3 AB

SE

5562348010

31/12/2013

Aktiebolaget Sandvik Steel Investment

SE

5563507853

31/12/2013

Sandklippan 19 AB

SE

5563307817

31/12/2013

Sandklippan 13 AB

SE

5562729680

31/12/2013

Sandklippan 5 AB

SE

5563566933

31/12/2013

Sandklippan 15 AB

SE

5563307783

31/12/2013

Sandklippan 16AB

SE

5563507929

31/12/2013

AB Sandvik KPS

SE

5563507838

31/12/2013

Aktiebolaget Trellbo

SE

5562516780

31/12/2013

Dormer Tools Sa

BR

 

 

Dropler High Tech Aktiebolag

SE

5563320380

31/12/2013

Elasis Svenska Aktiebolag

SE

5563078947

31/12/2013

Gimo Utbildningsaktiebolag

SE

5560614041

31/12/2013

Gimo Verkstadsteknik Aktiebolag

SE

5563004109

31/12/2013

Gusab Holding Aktiebolag

SE

5560019290

31/12/2013

Gusab Stainless Aktiebolag

SE

5560121138

31/12/2013

Industri Aktiebolaget Skomab

SE

5560088345

31/12/2013

Sandvik Mining And Construction Cis Lie

RU

 

 

lL Mktc

RU

 

 

Lie Omega

RU

 

 

Malcus Aktiebolag

SE

5563507903

31/12/2013

Rammer Svenska Aktiebolag

SE

5562494004

31/12/2013

Sandvik China Holding Co Ltd

CN

 

 

Sandklippan 9 AB

SE

5562575752

31/12/2013

Sandvik Coromant Sverige AB

SE

5563507846

31/12/2013

Sandvik Credit Chile Sa

CL

 

 

Sandvik Del Peru Sa

PE

 

 

Sandvik Do Brasil Sa

BR

 

 

Sandvik Endustriyel Mamuller Snayi Ve Ticaret

TR

 

 

Sandvik Far East Ltd, Aktiebolag

SE

5560437781

31/12/2013

 

 

lIj Sandvik Finance B.V.

NL

242413180000

31/12/2013

Sandvik PT Aktiebolag

SE

5562075191

31/12/2013

Sandvik Chomutov Precision Tubes Sro

CZ

 

 

Aktiebolaget Hedgrind

SE

5562698406

31/12/2013

Sandvik Invest Aktiebolag

SE

5560206517

31/12/2013

Wolfram Bergbau Und Hutten Ag

AT

 

 

Swedish Remedy Holding AB

SE

5566102868

31/12/2013

Sandvik SRP AB

SE

5560130535

31/12/2013

Sandklippan 14 AB

SE

5561111732

31/12/2013

Sandvik Mining and Construction Ov

FI

02116007

31/12/2012

Sandvik Heating Technology AB

SE

5564425576

31/12/2013

Kanthal Electroheat (Sea) Pte Ltd

SG

 

 

SANDVIK FORSAKRINGS AB

SE

5164016742

 

Sandklippan 2 AB

SE

5560691619

31/12/2013

Sandvik Besbksservice AB

SE

5562353838

31/12/2013

Sandvik Intellectual Property Aktiebolag

SE

5562889401

31/12/2013

Sandvik IT Services AB

SE

5567889059

31/12/2013

Sandvik Kk

JP

 

 

Sandvik Korea Ltd

KR

 

 

Sandvik Magyarorszag Kft

HU

 

 

Sandvik Materials Technology Do Brasil Sa

BR

 

 

Sandvik Materials Technology EMEA AB

SE

5567342026

31/12/2013

Sandvik Mexicana Sa De Cv

MX

 

 

Sandvik Mgs Sa

BR

 

 

Sandvik Middle East Fze

AE

 

 

Sandvik Mining & Construction Do Brasil Sa

BR

 

 

Sandvik Construction AB

SE

5566649983

31/12/2013

Sandvik Mining And Construction Drc Sprl

CG

 

 

Sandvik Mining and Construction Kbping AB

SE

5567769525

31/12/2013

Sandvik Mining And Construction Logistics Ltd

IN

 

 

Sandvik Mining And Construction Mali

ML

 

 

Sandvik Mining and Construction Sverige AB

SE

5562889443

31/12/2013

Sandvik Mining and Construction Tools AB

SE

5562347343

31/12/2013

Sandvik Mining And Construction Zimbabwe (Pty) L

SZ

 

 

Sandvik Mongolia Lie

MN

 

 

Sandvik Nora Aktiebolag

SE

5560750506

31/12/2013

Sandvik Polska Sp Zoo

FI

 

 

Sandvik Powder Solutions AB

SE

5560326760

31/12/2013

Sandvik Rotary Tools Aktiebolag

SE

5561918920

31/12/2013

Sandvik Rotary Tools South Africa Pty Ltd

ZA

 

 

Sandvik Slovakia Sro

SK

 

 

Sandvik Stal Forsalinings Aktiebolag

SE

5562515386

31/12/2013

Sandvik Systems Development Aktiebolag

SE

5564074184

31/12/2013

Sanrip AB

SE

5566920038

31/12/2013

Sandvik Machining Solutions AB

SE

5566920053

31/12/2013

Sandvik Utbildningsaktiebolag

SE

5563048791

31/12/2013

Sandklippan 4 AB

SE

5565908075

31/12/2013

Sandklippan 17 AB

SE

5562327949

31/12/2013

Sandklippan 18 AB

SE

5561815571

31/12/2013

Scandinavian Handtools Aktiebolag

SE

5560935875

31/12/2013

 

Steebide International Aktiebolag

SE

5560483405

31/12/2013

Dormer Tools Aktiebolag

SE

5562408210

31/12/2013

Walter Norden AB

SE

5567524698

31/12/2013

WireSandviken AB

SE

5567793897

31/12/2013

Tamrock Svenska Aktiebolag

SE

5561891085

31/12/2013

Sandvik Venture AB

SE

5568687155

31/12/2013

Seco Tools Aktiebolag

SE

5560711060

31/12/2013

Stair Aktiebolag

SE

5563307742

31/12/2013

Seco Tools Ukraine Ltd

UA

 

 

Seco Tools Srb Doo

RS

 

 

Seco Tools South Africa (Pty) Ltd

ZA

 

 

Seco Tools Sk Sro

SK

 

 

Seco Tools Si Doo

SI

 

 

Seco Tools Romania Sri

RO

 

 

Seco Tools Portugal Lda

PT

 

 

Seco Tools Oy

FI

17910270

31/12/2012

Seco Tools Ooo

RU

 

 

Seco Tools Manufacturing (Shanghai) Co Ltd

CN

 

 

Seco Tools Korea Ltd

HU

 

 

Seco Tools Kft

HU

 

 

Seco Tools Japan Kk

JP

 

 

Seco Tools Italia S.P.A.

IT

00227250131

31/12/2013

Seco Tools Industria E Comercio Ltda

BR

 

 

Seco Tools India (P) Ltd

IN

 

 

Seco Tools Gmbh

DE

 

 

Seco Tools Ges Mbh

AT

 

 

Seco Tools Espana

ES

A08879298

31/12/2012

Seco Tools De Mexico Sa De Cv

MX

 

 

Seco Tools Cz Sro

CZ

 

 

Seco Tools Canada Inc

CA

 

 

Seco Tools Australia Pty Ltd

AU

 

 

Seco Tools As

TR

 

 

Seco Tools Argentina Sa

AR

 

 

Seco Tools AG

CH

CHE102651982

 

Seco Tools As

NO

952426818

31/12/2013

Seco Tools A/S

DK

 

 

Seco Tools (U.K.) Limited

GB

01151087

31/12/2013

Seco Tools (Shanghai) Co Ltd

CN

 

 

Seco Tools (Sea) Pte Ltd

SG

 

 

Seco Tools (Poland) Sp Zoo

PL

 

 

Seco Ressources Et Finances Sa

FR

429837172

31/12/2013

Seco Logistics (Shanghai) Co Ltd

CN

 

 

Seco Holding Co Inc

US

 

 

Seco Aktiebolag

SE

5563307833

31/12/2013

Seco Tools Benelux SA

BE

414389146

31/12/2013

Pramet Scandinavia AB

SE

5560322991

31/12/2013

Pramet Tools Sro

CZ

 

 

Pramet S.R.L.

IT

03479650966

31/12/2013

Pramet Sp Zoo

PL

 

 

Pramet Slovakia Sro

SK

 

 

 

 

Pramet Kft

HU

 

 

Pramet GmbH

DE

HRB 8627

31/12/2012

Parmet Tools India Pvt Ltd

IN

 

 

Parmet Industria E Comercio De Ferramentas Ltd

BR

 

 

Svensk Export Flyg AB

SE

5569347452

31/12/2013

Walter Do Brasil Ltda

BR

 

 

Sandvik Mining And Construction Drc Sprl

CD

 

 

Sandvik Materials Technology (China) Ltd

CH

 

 

CO. Oberg a Co:s Aktiebolag

SE

5561121186

31/12/2013

Sandklippan 10 AB

SE

5560613746

31/12/2013

 

 

Other Information

 

Employee Information

 

Year                 Number of Employees

2013                             525

2012                             529

2011                             522

2010                             502

2009                             538

 

 

Advisors

Auditor Name

KPMG 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                                        28920

Activity Description                              Manufacture of machinery for mining, quarrying and construction

 

 

Even History

 

28/11/2014

Authorised signatories amended or new/amended vacancy text

28/11/2014

Company representatives, changed

27/11/2014

Authorised signatories amended or new/amended vacancy text

27/11/2014

Company representatives, changed

06/11/2014

Group Structure Change

10/10/2014

Group Structure Change

09/10/2014

Group Structure Change

03/10/2014

Group Structure Change

01/10/2014

Group Structure Change

29/09/2014

Group Structure Change

26/09/2014

Group Structure Change

22/09/2014

Group Structure Change

18/09/2014

Group Structure Change

10/09/2014

Group Structure Change

09/09/2014

Group Structure Change

08/09/2014

Group Structure Change

27/08/2014

Group Structure Change

22/08/2014

Group Structure Change

18/08/2014

Group Structure Change

11/08/2014

Group Structure Change

07/08/2014

Group Structure Change

04/08/2014

Group Structure Change

01/08/2014

Group Structure Change

31/07/2014

Group Structure Change

30/07/2014

Group Structure Change

29/07/2014

Annual report (PDF), new

28/07/2014

Group Structure Change

24/07/2014

Group Structure Change

23/07/2014

Group Structure Change

22/07/2014

Annual account, new

22/07/2014

Group Structure Change

22/07/2014

Limit, decrease

21/07/2014

Group Structure Change

18/07/2014

Group Structure Change

16/07/2014

Group Structure Change

10/07/2014

Group Structure Change

09/07/2014

Group Structure Change

08/07/2014

Group Structure Change

07/07/2014

Group Structure Change

26/03/2014

Company representatives, changed

26/03/2014

Authorised signatories amended or new/amended vacancy text

20/11/2013

Authorised signatories amended or new/amended vacancy text

20/11/2013

Company representatives, changed

02/10/2013

Group Structure Change

25/09/2013

Group Structure Change

06/09/2013

Group Structure Change

05/09/2013

Group Structure Change

30/08/2013

Group Structure Change

28/08/2013

Group Structure Change

26/08/2013

Group Structure Change

19/08/2013

Group Structure Change

16/08/2013

Group Structure Change

15/08/2013

Group Structure Change

14/08/2013

Group Structure Change

13/08/2013

Group Structure Change

12/08/2013

Group Structure Change

08/08/2013

Group Structure Change

07/08/2013

Group Structure Change

06/08/2013

Group Structure Change

05/08/2013

Group Structure Change

31/07/2013

Group Structure Change

30/07/2013

Group Structure Change

29/07/2013

Group Structure Change

26/07/2013

Annual account, new

26/07/2013

Limit, decrease

19/07/2013

Group Structure Change

17/07/2013

Group Structure Change

12/07/2013

Group Structure Change

11/07/2013

Group Structure Change

10/07/2013

Group Structure Change

09/07/2013

Group Structure Change

08/07/2013

Group Structure Change

05/07/2013

Annual report (PDF), new

03/07/2013

Group Structure Change

01/07/2013

Group Structure Change

29/05/2013

Authorised signatories amended or new/amended vacancy text

29/05/2013

Company representatives, changed

26/03/2013

Authorised signatories amended or new/amended vacancy text

26/03/2013

Company representatives, changed

 

15/01/2013

Company representatives, changed

 

15/01/2013

Authorised signatories amended or new/amended vacancy text

 

24/11/2012

Company representatives, changed

 

24/11/2012

Authorised signatories amended or new/amended vacancy text

 

18/09/2012

Annual account, new

 

16/08/2012

Board, changed

 

16/08/2012

Company representatives, changed

 

16/08/2012

Authorised signatories amended or new/amended vacancy text

 

01/08/2012

Annual report (PDF), new

 

08/05/2012

Certificate, registered

 

29/03/2012

Authorised signatories amended or new/amended vacancy text

 

29/03/2012

Board, changed

 

29/03/2012

Company representatives, changed

 

24/02/2012

Certificate, deregistered

 

29/07/2011

Board, changed

 

29/07/2011

Company representatives, changed

 

29/07/2011

Authorised signatories amended or new/amended vacancy text

 

26/07/2011

Board, changed

 

26/07/2011

Company representatives, changed

 

26/07/2011

Authorised signatories amended or new/amended vacancy text

 

29/06/2011

Annual account, new

 

24/06/2011

Annual report (PDF), new

 

11/05/2011

Board, changed

 

11/05/2011

Company representatives, changed

 

11/05/2011

Authorised signatories amended or new/amended vacancy text

 

29/03/2011

Phone number, changed

 

01/11/2010

Certificate, registered

 

27/08/2010

Board, changed

 

27/08/2010

Company representatives, changed

 

27/08/2010

Authorised signatory, changed

 

29/07/2010

Annual account, new

 

26/07/2010

Annual report (PDF), new

 

 

 

Negative Information

 

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

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.44

UK Pound

1

Rs.98.15

Euro

1

Rs.77.38

 

INFORMATION DETAILS

 

Analysis Done by :

SUM

 

 

Report Prepared by :

NIT

 

               

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.