|
Report Date : |
24.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
METSO MINERALS ( |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
02.04.1982 |
|
|
|
|
Com. Reg. No.: |
5562165653 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
·
Manufacture of other rubber products ·
Manufacture of machinery for mining, quarrying and construction ·
Wholesale of chemical products ·
Manufacture of other pumps and compressors ·
Wholesale of other machinery and equipment |
|
|
|
|
No. of Employee : |
814 |
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Aided by peace and neutrality
for the whole of the 20th century,
|
Source
: CIA |
|
Business
Name |
METSO
MINERALS ( |
|
Country |
|
|
Company
Registration Number |
5562165653 |
|
Activity
Code |
22190 |
|
Activity
Description |
Manufacture
of other rubber products |
|
Company
Status |
Active
(Active) |
|
Latest
Turnover Figure |
2.744.502.000
SEK |
|
Latest
Shareholder Equity Figure |
211.295.000
SEK |
|
|
|
Basic Information
|
|
|
Business
Name |
Metso
Minerals ( |
|
Registered
Company Name |
Metso
Minerals ( |
|
Company
Registration Number |
5562165653 |
|
Country |
|
|
VAT
Registration Number |
SE556216565301 |
|
Date
of Company Registration |
02/04/1982 |
|
Legal
Form |
Limited
liability company |
|
Company
Status |
Active
(Active) |
|
Currency
of this Report |
SEK |
|
Principal
Activity Code |
No
code |
|
Principal
Activity Description |
Over the objective of the company is to carry on foundry and
mechanical verkstadsrorelse , conduct sales and service of equipment for
processing of minerals and other hard materials as well as directly or
indirectly , engage in manufacturing , sales |
|
Contact
Address |
|
|
Contact
Telephone Number |
0410-52500 |
|
|
|
Main Address
|
|
|
Address |
Country
Telephone |
|
|
|
|
Address |
Country |
|
Lilla
Bommen 6,41104 |
|
|
Sjogatan
13,85234 |
|
|
Kallaxvagen
192,97595 |
|
|
Laestadiusvagen
23,98431 |
|
|
Stalgatan
15A, 19572 |
|
|
Dillnersvag
2, 77240 |
|
|
Fabriksvagen
1-3,93441 |
|
|
Vuoskojarvivagen
23,98238 |
|
|
Axel
Johnsons Vag 6,65221 |
|
|
Linbanevagen
9,98141 |
|
|
Norrangsgatan
2, 73338 |
|
|
|
|
Activities
|
|
|
Activity
Code |
Activity
Description |
|
22190 |
Manufacture
of other rubber products |
|
28920 |
Manufacture
of machinery for mining, quarrying and construction |
|
46750 |
Wholesale
of chemical products |
|
28130 |
Manufacture
of other pumps and compressors |
|
46699 |
Wholesale
of other machinery and equipment n.e.c. |
|
Email Addresses No
email addresses for this company |
|
|
Web Pages No
websites for this company |
|
|
Employee Information Year |
Number
of Employees |
|
2013 |
814 |
|
2012 |
853 |
|
2011 |
838 |
|
2010 |
786 |
|
2009 |
228 |
|
|
|
Advisors
|
|
|
Auditor
Name |
Ernst
& Young Aktiebolag |
|
|
|
Tax Registrations
|
|
|
Registered
for FTax |
Yes |
|
Registered
for VAT |
Yes |
|
Registered
for Employee Tax |
Yes |
|
Type |
Category
Issuer |
|
|
|
No
certificate information for this company |
|
|
|
|
|
|
|
|
Industry Comparison
|
|
||
|
Activity
Code |
22190 |
|
|
|
Activity
Description |
Manufacture
of other rubber products |
|
|
|
Industry
Average Credit Rating |
84
(1 - 100) |
|
|
|
Industry
Average Credit Limit |
2.390.000 |
|
|
|
|
|
|
|
Event History
|
|
||
|
Event
Date |
Event
Description |
|
|
|
08/11/2014 |
Merge
information, changed |
|
|
|
08/10/2014 |
Certificate,
deregistered |
|
|
|
30/09/2014 |
Group
Structure Change |
|
|
|
24/09/2014 |
Annual
account, new |
|
|
|
17/09/2014 |
Annual
report (PDF), new |
|
|
|
11/09/2014 |
Group
Structure Change |
|
|
|
29/08/2014 |
Status,
changed |
|
|
|
18/08/2014 |
Group
Structure Change |
|
|
|
15/08/2014 |
Company
representatives, changed |
|
|
|
15/08/2014 |
Authorised
signatories amended or new/amended vacancy text |
|
|
|
08/08/2014 |
Group
Structure Change |
|
|
|
06/08/2014 |
Group
Structure Change |
|
|
|
01/07/2014 |
Group
Structure Change |
|
|
|
23/05/2014 |
Authorised
signatories amended or new/amended vacancy text |
|
|
|
23/05/2014 |
Company
representatives, changed |
|
|
|
22/05/2014 |
Authorised
signatories amended or new/amended vacancy text |
|
|
|
22/05/2014 |
Company
representatives, changed |
|
|
|
16/05/2014 |
Group
Structure Change |
|
|
|
18/02/2014 |
Authorised
signatories amended or new/amended vacancy text |
|
|
|
18/02/2014 |
Company
representatives, changed |
|
|
|
07/01/2014 |
Group
Structure Change |
|
|
|
04/11/2013 |
Group
Structure Change |
|
|
|
26/10/2013 |
Authorised
signatories amended or new/amended vacancy text |
|
|
|
26/10/2013 |
Company
representatives, changed |
|
|
|
02/10/2013 |
Authorised
signatories amended or new/amended vacancy text |
|
|
|
02/10/2013 |
Company
representatives, changed |
|
|
|
18/09/2013 |
Group
Structure Change |
|
|
|
02/09/2013 |
Annual
account, new |
|
|
|
02/09/2013 |
Group
annual accout, new |
|
|
|
21/08/2013 |
Group
Structure Change |
|
|
|
16/08/2013 |
Group
Structure Change |
|
|
|
07/08/2013 |
Group
Structure Change |
|
|
|
01/08/2013 |
Annual
report (PDF), new |
|
|
|
17/07/2013 |
Group
Structure Change |
|
|
|
13/06/2013 |
Group
Structure Change |
|
|
|
12/06/2013 |
Group
Structure Change |
|
|
|
07/05/2013 |
Certificate,
registered |
|
|
|
13/02/2013 |
Company
representatives, changed |
|
|
|
13/02/2013 |
Authorised
signatories amended or new/amended vacancy text |
|
|
|
22/08/2012 |
Board,
changed |
|
|
|
22/08/2012 |
Authorised
signatories amended or new/amended vacancy text |
|
|
|
22/08/2012 |
Company
representatives, changed |
|
|
|
30/07/2012 |
Annual
account, new |
|
|
|
11/07/2012 |
Annual
report (PDF), new |
|
|
|
25/04/2012 |
Board,
changed |
|
|
|
22/12/2011 |
Board,
changed |
|
|
|
14/09/2011 |
Annual
account, new |
|
|
|
06/09/2011 |
Certificate,
deregistered |
|
|
|
04/08/2011 |
Annual
report (PDF), new |
|
|
|
08/06/2011 |
Company
representatives, changed |
|
|
|
08/06/2011 |
Board,
changed |
|
|
|
08/06/2011 |
Authorised
signatories amended or new/amended vacancy text |
|
|
|
13/04/2011 |
Certificate,
registered |
|
|
|
29/03/2011 |
Phone
number, changed |
|
|
|
29/03/2011 |
Fax
number, new |
|
|
|
18/01/2011 |
Board,
changed |
|
|
|
03/12/2010 |
Share
capital, new issue |
|
|
|
03/12/2010 |
Place
of residence, changed |
|
|
|
13/11/2010 |
Company
business activity, changed |
|
|
|
16/10/2010 |
Fax
number, removed |
|
|
|
13/10/2010 |
Company
representatives, changed |
|
|
|
13/10/2010 |
Authorised
signatories amended or new/amended vacancy text |
|
|
|
13/10/2010 |
Board,
changed |
|
|
|
02/10/2010 |
Status,
changed |
|
|
|
02/10/2010 |
Merge
information, changed |
|
|
|
17/09/2010 |
Merge
information, changed |
|
|
|
05/08/2010 |
Annual
account, new |
|
|
|
26/07/2010 |
Annual
report (PDF), new |
|
|
|
10/07/2010 |
Merge
information, changed |
|
|
|
10/07/2010 |
Status,
changed |
|
|
|
|
|
|
|
Status History
|
|
||
|
Date |
21/05/2010 |
|
|
|
Event
Description |
Merger
ongoing |
|
|
|
Applicant |
|||
|
Bankruptcy
Trustee |
|||
Date 01/10/2010
Event Description Merger Concluded
Date 16/07/2014
Event Description Merger Ongoing
|
Financial
Year |
2013 |
2012 |
2011 |
|
|
Number
of Weeks |
52 |
52 |
52 |
|
|
Currency |
SEK |
SEK |
SEK |
|
|
Consolidated Accounts |
No |
No |
No |
|
|
Revenue |
2.837.329.000 |
3.976.575.000 |
3.047.505.000 |
|
|
Operating Costs |
2.781.574.000 |
3.683.325.000 |
2.807.499.000 |
|
|
Operating Profit |
55.755.000 |
293.250.000 |
240.006.000 |
|
|
Financial Income |
3.650.000 |
199.000 |
227.000 |
|
|
Financial Expenses |
-25.713.000 |
-22.160.000 |
-14.220.000 |
|
|
Extraordinary Income |
0 |
0 |
0 |
|
|
Extraordinary Costs |
0 |
0 |
0 |
|
|
Profit before Tax |
33.725.000 |
271.308.000 |
226.012.000 |
|
|
Tax |
9.012.000 |
-12.066.000 |
-64.474.000 |
|
|
Profit after Tax |
42.737.000 |
259.242.000 |
161.538.000 |
|
|
Minority Interests |
0 |
0 |
0 |
|
|
Other Appropriations |
-81.544.000 |
-244.625.000 |
20.270.000 |
|
|
Retained Profit |
-38.807.000 |
14.617.000 |
181.808.000 |
|
|
Financial Year |
2013 |
2012 |
2011 |
|
||
|
Number of Weeks |
52 |
52 |
52 |
|
||
|
Currency |
SEK |
SEK |
SEK |
|
||
|
Consolidated Accounts |
No |
No |
No |
|||
|
Land & Buildings |
33.634.000 |
30.467.000 |
33.343.000 |
|||
|
Plant & Machinery |
75.135.000 |
66.193.000 |
73.945.000 |
|||
|
Other Tangible Assets |
28.194.000 |
22.192.000 |
5.896.000 |
|||
|
Total Tangible Assets |
136.963.000 |
118.852.000 |
113.184.000 |
|||
|
Goodwill |
0 |
0 |
0 |
|||
|
Other Intangible Assets |
0 |
0 |
0 |
|||
|
Total Intangible Assets |
0 |
0 |
0 |
|||
|
Loans To Group |
0 |
0 |
0 |
|||
|
Other Loans |
0 |
0 |
0 |
|||
|
Miscellaneous Fixed Assets |
607.791.000 |
90.019.000 |
98.135.000 |
|||
|
Total Other Fixed Assets |
607.791.000 |
90.019.000 |
98.135.000 |
|||
|
TOTAL FIXED ASSETS |
744.754.000 |
208.871.000 |
211.319.000 |
|||
|
Work In Progress |
0 |
0 |
0 |
|||
|
Other Inventories |
478.283.000 |
505.557.000 |
624.074.000 |
|||
|
Total Inventories |
478.283.000 |
505.557.000 |
624.074.000 |
|||
|
Trade Receivables |
181.598.000 |
473.419.000 |
382.320.000 |
|||
|
Group Receivables |
745.727.000 |
263.564.000 |
331.958.000 |
|||
|
Miscellaneous Receivables |
185.277.000 |
385.059.000 |
207.196.000 |
|||
|
Total Receivables |
1.112.602.000 |
1.122.042.000 |
921.474.000 |
|||
|
Cash |
1.022.000 |
696.000 |
868.000 |
|||
|
Other Current Assets |
0 |
0 |
0 |
|||
|
TOTAL CURRENT ASSETS |
1.591.907.000 |
1.628.295.000 |
1.546.416.000 |
|||
|
TOTAL ASSETS |
2.336.661.000 |
1.837.166.000 |
1.757.735.000 |
|||
|
Trade Payables |
205.687.000 |
281.873.000 |
336.019.000 |
|||
|
Bank Liabilities |
0 |
0 |
0 |
|||
|
Group Payables |
300.374.000 |
844.515.000 |
650.485.000 |
|||
|
Miscellaneous Liabilities |
662.848.000 |
344.927.000 |
399.561.000 |
|||
|
TOTAL CURRENT LIABILITIES |
1.168.909.000 |
1.471.315.000 |
1.386.065.000 |
|||
|
Bank Liabilities Due After 1
Year |
0 |
0 |
0 |
|||
|
Other Loans Or Finance Due
After 1 Year |
0 |
0 |
0 |
|||
|
Group Payables Due After 1 Year |
780.000.000 |
0 |
0 |
|||
|
Miscellaneous Liabilities Due
After 1 Year |
176.457.000 |
115.831.000 |
136.267.000 |
|||
|
TOTAL LONG TERM LIABILITIES |
956.457.000 |
115.831.000 |
136.267.000 |
|||
|
TOTAL LIABILITIES |
2.125.366.000 |
1.587.146.000 |
1.522.331.000 |
|||
|
Called Up Share Capital |
20.000.000 |
20.000.000 |
20.000.000 |
|||
|
Share Premium |
0 |
0 |
0 |
|||
|
Revenue Reserves |
191.215.000 |
229.940.000 |
324.551.000 |
|||
|
Other Reserves |
80.000 |
80.000 |
-109.147.000 |
|||
|
TOTAL SHAREHOLDERS EQUITY |
211.295.000 |
250.020.000 |
235.404.000 |
|||
|
|
|
|
|
|||
Other Financials
|
||||||
|
Contingent Liabilities |
132.027.000 |
186.486.000 |
111.170.000 |
|||
|
Working Capital |
422.998.000 |
156.980.000 |
160.351.000 |
|||
|
Net Worth |
211.295.000 |
250.020.000 |
235.404.000 |
|||
|
Pre-Tax Profit Margin |
1.19
% |
6.82
% |
7.42
% |
|
Return On Capital Employed |
0.96
% |
8.20
% |
7.19
% |
|
Return On Total Assets Employed |
1.44
% |
14.77
% |
12.86
% |
|
Return On Net Assets Employed |
15.96
% |
108.51
% |
96.01
% |
|
Sales/Net Working Capital |
6.71 |
25.33 |
19.01 |
|
Stock Turnover Ratio |
16.86
% |
12.71
% |
20.48
% |
|
Debtor Days |
23.36 |
43.45 |
45.79 |
|
Creditor Days |
26.46 |
25.87 |
40.25 |
|
Current Ratio |
1.36 |
1.11 |
1.12 |
|
Liquidity Ratio/Acid Test |
0.95 |
0.76 |
0.67 |
|
Current Debt Ratio |
5.53 |
5.88 |
5.89 |
|
Gearing |
369.15
% |
0 |
0 |
|
Equity In Percentage |
12.22
% |
14.31
% |
14.18
% |
|
Total Debt Ratio |
10.06 |
6.35 |
6.47 |
No shareholders data for this company
|
Name |
Appointment
Date |
Position |
|
Virkkunen,
Eeva Liisa |
29/10/2008 |
Chairman
of Board |
|
Ulf
Tryggve Kendrup |
01/10/2013 |
Actual
Member of Board |
|
Aminoff,
Ebba Erica |
29/10/2008 |
Actual
Member of Board |
|
|
|
|
Previous Directors
|
|
|
|
Name |
Appointment
Date |
Position Resignation Date |
|
Heikkila,
Ekaterina Katri |
12/02/2013 |
Actual
Member of Board 01/10/2013 |
|
Ingegerd
Ann Helen Forsling |
29/10/2008 |
Actual
Member of Board 12/02/2013 |
|
Latest Public Claim |
|
|
Type |
Parking
offense charge |
|
Date |
2011-06-15 |
|
Amount |
750
(SEK) |
|
Currency |
SEK |
|
|
|
|
Latest Private Claim |
|
|
Date |
2012-02-15 |
|
Amount |
3781
(SEK) |
|
Currency |
SEK |
|
Creditor |
Intrum
Justitia Sverige Aktiebolag |
|
Comments |
Decision |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.45 |
|
|
1 |
Rs.98.88 |
|
Euro |
1 |
Rs.77.62 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
TPT |
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.