MIRA
INFORM REPORT
|
Report Date : |
03.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
STORA ENSO PUBLICATION PAPERS OY LTD |
|
|
|
|
Formerly Known As : |
Enso Publication Papers Oy Ltd |
|
|
|
|
Registered Office : |
Kanavaranta 1, 00160, Helsinki |
|
|
|
|
Country : |
Finland |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
11.09.1991 |
|
|
|
|
Legal Form : |
Limited Company |
|
|
|
|
Line of Business : |
Engaged in production of
Publication Papers (Newsprint, Magazine, Book, Directory Papers) & Pulps
(Hardwood, Softwood, De-Linked Pulps). |
|
|
|
|
No. of Employees : |
358 (31.12.2012) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow |
|
|
|
|
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
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
Finland |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Finland ECONOMIC OVERVIEW
Finland has a
highly industrialized, largely free-market economy with per capita output almost
as high as that of Austria, Belgium, the Netherlands, and Sweden. Trade is
important with exports accounting for over one third of GDP in recent years.
Finland is strongly competitive in manufacturing - principally the wood,
metals, engineering, telecommunications, and electronics industries. Finland
excels in high-tech exports such as mobile phones. Except for timber and
several minerals, Finland depends on imports of raw materials, energy, and some
components for manufactured goods. Because of the climate, agricultural
development is limited to maintaining self-sufficiency in basic products.
Forestry, an important export earner, provides a secondary occupation for the
rural population. Finland had been one of the best performing economies within
the EU in recent years and its banks and financial markets avoided the worst of
global financial crisis. However, the world slowdown hit exports and domestic
demand hard in 2009, with Finland experiencing one of the deepest contractions
in the euro zone. A recovery of exports, domestic trade, and household
consumption stimulated economic growth in 2010-11. The recession affected
general government finances and the debt ratio, turning previously strong
budget surpluses into deficits, but Finland has taken action to ensure it will
meet EU deficit targets by 2013 and retains its triple-A credit rating.
Finland's main challenge in 2013 will be to stimulate growth in the face of
weak demand in EU export markets and government austerity measures meant to
reduce its budget deficit. Longer-term, Finland must address a rapidly aging
population and decreasing productivity that threaten competitiveness, fiscal
sustainability, and economic growth.
|
Source : CIA |
REGISTERED NAME & COMPANY
SUMMARY
|
Trading Name |
Stora Enso Publication Papers Oy Ltd |
|
Company Name |
Stora Enso Publication Papers Oy Ltd |
|
Previous Name |
Enso Publication Papers Oy Ltd |
|
Telephone Number |
02046131 |
|
Fax Number |
0204621471 |
|
Home Municipality |
Helsinki |
|
Incorporation Date |
11.09.1991 |
|
Company Type |
Limited company |
|
Primary Sic Code |
17120 |
|
Primary Sic Description |
Engaged in production of Publication Papers (Newsprint, Magazine, Book, Directory Papers) & Pulps (Hardwood, Softwood, De-Linked Pulps). |
DIRECTORS/MANAGEMENT
Current Directors
|
Name |
Puittinen Hanna Katriina |
|
|
|
Date of Birth |
17.09.1971 |
Appointment Date |
29.06.2012 |
|
Nationality |
FINLAND |
Function |
Actual Member of Board |
|
Name |
Rämö Arto Heikki Juhani |
|
|
|
Date of Birth |
04.09.1967 |
Appointment Date |
06.05.2008 |
|
Nationality |
FINLAND |
Function |
Managing director |
|
Name |
Rämö Arto Heikki Juhani |
|
|
|
Date of Birth |
04.09.1967 |
Appointment Date |
29.06.2012 |
|
Nationality |
FINLAND |
Function |
Actual Member of Board |
|
Name |
Alm Jarmo Pertti |
|
|
|
Date of Birth |
31.10.1953 |
Appointment Date |
29.06.2012 |
|
Nationality |
FINLAND |
Function |
Chairman of Board |
Other Company
Officials
|
Name |
Jutila Aila Kaarina |
|
|
|
Date of Birth |
08.08.1964 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Vänttinen Ossi Unto Antero |
|
|
|
Date of Birth |
10.01.1956 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Riippa Tiina Riitta |
|
|
|
Date of Birth |
07.08.1966 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Turkia Erja Annikki |
|
|
|
Date of Birth |
15.03.1963 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Partanen Klaus Veli |
|
|
|
Date of Birth |
08.02.1953 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Kettunen Aimo Antero |
|
|
|
Date of Birth |
04.04.1959 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Tiilikainen Päivi Maarit |
|
|
|
Date of Birth |
16.06.1979 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Pesonen Airi Helena |
|
|
|
Date of Birth |
18.09.1959 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Itäniemi Merja Kristiina |
|
|
|
Date of Birth |
15.10.1963 |
Appointment Date |
06.05.2008 |
|
Nationality |
FINLAND |
Function |
Principal accountant |
|
Name |
Johansson Ari Kalevi |
|
|
|
Date of Birth |
05.07.1960 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Ceder Juha Hannes |
|
|
|
Date of Birth |
15.09.1957 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Lagus Anne Maria |
|
|
|
Date of Birth |
11.10.1957 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Wikström Eija Anneli |
|
|
|
Date of Birth |
03.04.1950 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Bergqvist Leena Anneli |
|
|
|
Date of Birth |
12.07.1958 |
Appointment Date |
22.10.2012 |
|
Nationality |
FINLAND |
Function |
Procurist |
NEGATIVE INFORMATION
No negative information
found
SHARE & SHARE CAPITAL
INFORMATION
|
Share Capital (€) |
136.850.000 |
Shareholder
Information
|
Year |
31.12.2012 |
|
Total Value of Shares |
136.850.000 |
|
Number of Shares |
8.050.000 |
PAYMENT INFORMATION
|
Deals in importing |
Yes |
|
Deals in exporting |
Yes |
GROUP STRUCTURE & AFFILIATED
COMPANIES
|
Holding Company |
--- |
|
Foreign Ownership |
No |
Group structure
|
Company Name |
|
Registered Number |
Latest Key Financials |
Percentage Owned |
Turnover |
|
STORA ENSO OYJ |
|
10390508 |
31.12.2011 |
- |
€3 397 662 000 |
|
CORENSO UNITED OY LTD |
|
09006687 |
31.12.2011 |
100% |
€67 502 000 |
|
CORENSO (FOSHAN) PAPER C... |
|
N/A |
- |
100% |
- |
|
CORENSO HUALUN JV |
|
N/A |
- |
51% |
- |
|
CORENSO NORTH AMERICA CORP |
|
US22032773 |
- |
100% |
$2 092 000 |
|
CORENSO SVENSKA AB |
|
5566148812 |
31.12.2012 |
100% |
27 088 KSEK |
|
BÄCKE EMBALLAGE AB |
|
N/A |
- |
100% |
- |
|
MOHED EMBALLAGE AKTIEB... |
|
5560886771 |
31.12.2012 |
100% |
55 994 KSEK |
|
CORENSO UNITED VERWALTUN... |
|
N/A |
- |
100% |
- |
|
ENOCELL OY |
|
07753099 |
31.12.2011 |
100% |
€291 988 000 |
|
ENSO ALUEVERKKO OY |
|
11099309 |
31.12.2011 |
100% |
€710 000 |
|
STORA ENSO PACKAGING BOARD... |
|
07373838 |
- |
100% |
- |
|
HERMAN ANDERSSON OY |
|
01871756 |
31.12.2011 |
100% |
€16 955 000 |
|
INKEROISTEN KOEKESKUS OY |
|
N/A |
- |
100% |
- |
|
KARHULAN-SUNILAN RAUTATIE OY |
|
02065641 |
31.12.2011 |
100% |
€722 000 |
|
KIINTEISTÖOSAKEYHTIÖ SUNIL... |
|
06993584 |
- |
78% |
- |
|
MERIVIENTI OY |
|
01591607 |
- |
100% |
- |
|
OAO LADENSO |
|
N/A |
- |
51% |
- |
|
OOO OLONETSLES |
|
N/A |
- |
90% |
- |
|
OOO STORA ENSO FOREST BO... |
|
N/A |
- |
100% |
- |
|
OOO STORA ENSO FOREST WEST |
|
N/A |
- |
100% |
- |
|
OOO STORA TRANSPORT |
|
N/A |
- |
100% |
- |
|
OOO TERMINAL |
|
N/A |
- |
100% |
- |
|
PUUMATRA OY |
|
17341493 |
31.12.2008 |
100% |
€66 763 000 |
|
RA BRAND & CO. LTD |
|
N/A |
- |
100% |
- |
|
RAUTSALON KIINTEISTÖ OY |
|
01641168 |
31.12.2007 |
100% |
€89 000 |
|
STORA ENSO (HK) LTD |
|
N/A |
- |
100% |
- |
|
STORA ENSO AB |
|
5561733360 |
31.12.2012 |
100% |
492 400 KSEK |
|
M-CARRIER AKTIEBOLAG |
|
5562982586 |
31.12.2012 |
100% |
- |
|
STORA ENSO (SCHWEITZ) AG |
|
N/A |
- |
100% |
- |
|
STORA ENSO ACTIVATION AB |
|
5566094669 |
31.12.2012 |
100% |
- |
|
STORA ENSO CHINA HOLDING... |
|
5565783023 |
31.12.2012 |
100% |
- |
|
CHAMP WAVE LTD |
|
N/A |
- |
51% |
- |
|
STORA ENSO CHINA LTD |
|
N/A |
- |
100% |
- |
|
STORA ENSO INPAC PACKA... |
|
N/A |
- |
51% |
- |
|
DONGGUAN DELTA PRINT... |
|
N/A |
- |
51% |
- |
|
E-CREATIVE INDUSTRIA... |
|
N/A |
- |
51% |
- |
|
INPAC DELTA INDIA PR... |
|
N/A |
- |
51% |
- |
|
INPAC INTERNATIONAL... |
|
N/A |
- |
51% |
- |
|
STORA ENSO INPAC PAC... |
|
23657961 |
- |
100% |
- |
|
STORA ENSO PULP AND PA... |
|
5562982552 |
31.12.2012 |
100% |
- |
|
GUANGXI STORA ENSO F... |
|
N/A |
- |
100% |
- |
|
STORA ENSO SUZHOU PAPE... |
|
N/A |
- |
98% |
- |
|
STORA ENSO DANMARK A/S |
|
N/A |
- |
100% |
- |
|
STORA ENSO FINE PAPER AK... |
|
5560004425 |
31.12.2012 |
100% |
- |
|
STORA ENSO NYMOLLA AB |
|
N/A |
- |
100% |
- |
|
STORA ENSO FORS AKTIEBOLAG |
|
5560128661 |
31.12.2012 |
100% |
3 134 500 KSEK |
|
STORA ENSO FORS AB |
|
N/A |
- |
100% |
- |
|
STORA ENSO FÖRSÄKRINGSAK... |
|
5164018045 |
- |
100% |
- |
|
STORA ENSO HYLTE AKTIEBOLAG |
|
5561277954 |
31.12.2012 |
100% |
3 504 000 KSEK |
|
STORA ENSO KVARNSVEDEN AB |
|
5560216722 |
31.12.2012 |
100% |
4 575 300 KSEK |
|
STORA ENSO KVARNSVEDEN AB |
|
N/A |
- |
100% |
- |
|
STORA ENSO LAOS PLANTATI... |
|
N/A |
- |
100% |
- |
|
STORA ENSO LAO CO LTD |
|
N/A |
- |
100% |
- |
|
STORA ENSO LOGISTICS AB |
|
5560398694 |
31.12.2012 |
100% |
5 353 200 KSEK |
|
STORA ENSO LOGISTICS AB |
|
N/A |
- |
100% |
- |
|
STORA ENSO NN PAPER AB |
|
5567383558 |
31.12.2012 |
100% |
- |
|
OOO STORA ENSO NN PAPER |
|
N/A |
- |
100% |
- |
|
STORA ENSO PRAHA S.R.O. |
|
N/A |
- |
100% |
- |
|
STORA ENSO PULP AKTIEBOLAG |
|
5560293408 |
31.12.2012 |
100% |
2 708 900 KSEK |
|
NORRSUNDET UTVECKLINGS AB |
|
N/A |
- |
100% |
- |
|
SKUTSKÄRS INDUSTRISERV... |
|
5560774019 |
31.12.2012 |
100% |
5 503 KSEK |
|
STORA ENSO SKOG AKTIEBOLAG |
|
5560095589 |
31.12.2012 |
100% |
8 115 200 KSEK |
|
KOPPARLAND AKTIEBOLAG |
|
5560154477 |
31.12.2012 |
100% |
- |
|
STORA ENSO BIOENERGI AB |
|
5562002203 |
31.12.2012 |
100% |
922 145 KSEK |
|
STORA ENSO SKOG AS |
|
938124337 |
31.12.2012 |
100% |
509 645 KNOK |
|
SYDVED AKTIEBOLAG |
|
5561710814 |
31.12.2012 |
67% |
3 123 933 KSEK |
|
SKOGSUTVECKLING SYD... |
|
5561525659 |
31.12.2012 |
100% |
95 914 KSEK |
|
STORA ENSO SKOGHALL AKTI... |
|
5562982545 |
31.12.2012 |
100% |
5 869 300 KSEK |
|
STORA ENSO SKOGHALL AB |
|
N/A |
- |
100% |
- |
|
STORA ENSO TIMBER AB |
|
5560274903 |
31.12.2012 |
100% |
1 832 260 KSEK |
|
STORA ENSO TIMBER AB |
|
N/A |
- |
100% |
- |
|
STORA ENSO TREASURY STOC... |
|
5560238908 |
31.12.2012 |
100% |
- |
|
STORA ENSO AMSTERDAM B.V. |
|
33056923 |
31.12.2011 |
100% |
€266 017 000 |
|
BERGHUITZER PAPIERFA... |
|
N/A |
- |
100% |
- |
|
CORENSO EDAM B.V. |
|
36008141 |
31.12.2012 |
100% |
- |
|
STORA ENSO ARAPOTI I... |
|
N/A |
- |
80% |
- |
|
STORA ENSO FLORESTAL... |
|
N/A |
- |
100% |
- |
|
STORA ENSO TIMBER DI... |
|
N/A |
- |
100% |
- |
|
STORA ENSO HOLDING FRA... |
|
N/A |
- |
100% |
- |
|
CORENSO FRANCE S.A.S. |
|
N/A |
- |
100% |
- |
|
CORENSO TOLOSANA |
|
141013 |
31.12.2012 |
77% |
€8 461 988 |
|
STORA ENSO BOIS |
|
412135006 |
31.12.2012 |
100% |
€50 575 421 |
|
STORA ENSO CORBEHEM SA |
|
N/A |
- |
100% |
- |
|
STORA ENSO FRANCE S.A.S |
|
N/A |
- |
100% |
- |
|
STORA KOPPARBERGS BERGSL... |
|
5560129479 |
31.12.2012 |
100% |
71 409 KSEK |
|
STORA ENSO ARGENTINA S.A. |
|
N/A |
- |
100% |
- |
|
STORA ENSO AUSTRALIA PTY LTD |
|
N/A |
- |
100% |
- |
|
STORA ENSO AUSTRIA GMBH |
|
N/A |
- |
100% |
- |
|
STORA ENSO BELGIUM NV/SA |
|
N/A |
- |
100% |
- |
|
STORA ENSO BRASIL LTDA |
|
N/A |
- |
100% |
- |
|
STORA ENSO CHILE S.A. |
|
N/A |
- |
100% |
- |
|
STORA ENSO BETEILIGUNGEN GMBH |
|
HRB 18147 |
- |
100% |
- |
|
ALTPAPIER VERW WATTENSCH... |
|
N/A |
- |
100% |
- |
|
CORENSO UNITED (DEUTSCHL... |
|
HRA 22049 |
- |
100% |
- |
|
FPB HOLDING GBMH & CO KG |
|
N/A |
- |
100% |
- |
|
STORA ENSO KABEL GMBH... |
|
N/A |
- |
100% |
- |
|
STORA ENSO BAIENFURT... |
|
HRA 551416 |
- |
100% |
- |
|
STORA ENSO KABEL VERWA... |
|
N/A |
- |
100% |
- |
|
STORA ENSO UETERSEN GMBH |
|
N/A |
- |
100% |
- |
|
STORA ENSO UETERSEN... |
|
N/A |
- |
100% |
- |
|
STORA ENSO UETERSEN VE... |
|
N/A |
- |
100% |
- |
|
STORA ENSO MAXAU GMBH |
|
HRB 109322 |
31.12.2012 |
100% |
€285 020 857 |
|
STORA ENSO MAXAU GMBH &... |
|
N/A |
- |
100% |
- |
|
STORA ENSO SACHSEN GMBH |
|
HRB 5078 |
31.12.2012 |
100% |
€162 667 590 |
|
STORA ENSO VERWALTUNGS GMBH |
|
HRB 38853 |
31.12.2012 |
100% |
€8 891 |
|
STORA ENSO EESTI AS |
|
N/A |
- |
100% |
- |
|
PUUMERKKI AS |
|
N/A |
- |
100% |
- |
|
STORA ENSO LATVIA A/S |
|
N/A |
- |
100% |
- |
|
UAB STORA ENSO LIETUVA |
|
N/A |
- |
100% |
- |
|
UAB PUUMERKKI |
|
N/A |
- |
100% |
- |
|
STORA ENSO ESPAÑA |
|
64995 |
31.12.2011 |
100% |
€3 320 161 |
|
STORA ENSO GRAFIC |
|
412127 |
31.12.2010 |
100% |
€2 321 703 |
|
STORA ENSO HOLDINGS UK LIM... |
|
00070861 |
31.12.2012 |
100% |
£1 526 000 |
|
CORENSO (UK) LIMITED |
|
02010900 |
31.12.2012 |
100% |
£12 254 000 |
|
DAW01 LTD |
|
N/A |
- |
100% |
- |
|
LUMIPAPER LIMITED |
|
01454907 |
31.12.2012 |
100% |
£4 336 000 |
|
STORA ENSO INTERNATIONAL... |
|
04041346 |
31.12.2012 |
100% |
- |
|
STORA ENSO PENSION TRUST... |
|
N/A |
- |
100% |
- |
|
STORA ENSO TIMBER UK LIM... |
|
00215614 |
31.12.2012 |
100% |
£21 465 000 |
|
WOODPAX LIMITED |
|
01519192 |
31.12.2011 |
100% |
- |
|
STORA ENSO TRANSPORT & D... |
|
N/A |
- |
100% |
- |
|
STORA ENSO UK LIMITED |
|
01294742 |
31.12.2012 |
100% |
£5 782 000 |
|
STORA ENSO INGEROIS OY |
|
09508708 |
31.12.2011 |
100% |
€178 122 000 |
|
STORA ENSO BARCELONA |
|
104888 |
31.12.2011 |
100% |
€144 244 000 |
|
PALWASTE RECYCLING |
|
1902053 |
31.12.2012 |
100% |
€3 385 566 |
|
STORA ENSO ITALIA S.R.L. |
|
MI1602208 |
31.12.2012 |
100% |
€3 836 948 |
|
STORA ENSO JAPAN K.K. |
|
N/A |
- |
100% |
- |
|
STORA ENSO LANGERBRUGGE NV |
|
417331909 |
31.12.2012 |
100% |
€263 269 434 |
|
VLAR PAPIER NV |
|
417737824 |
31.12.2012 |
65% |
€43 332 041 |
|
STORA ENSO LOGISTICS GMBH |
|
N/A |
- |
100% |
- |
|
STORA ENSO LOGISTICS GMBH |
|
N/A |
- |
100% |
- |
|
STORA ENSO MIDDLE EAST FZ-LLC |
|
N/A |
- |
100% |
- |
|
STORA ENSO NORTH AMERICA S... |
|
N/A |
- |
100% |
- |
|
STORA ENSO PACKAGING OY |
|
08215639 |
31.12.2011 |
100% |
€108 189 000 |
|
FORMECA OY |
|
04993003 |
31.12.2011 |
100% |
€4 291 000 |
|
STORA ENSO HUNGARY KFT |
|
N/A |
- |
100% |
- |
|
STORA ENSO PACKAGING AB |
|
5560421769 |
31.12.2012 |
100% |
1 001 233 KSEK |
|
JUNE-EMBALLAGE AKTIEBOLAG |
|
5562243542 |
31.12.2012 |
100% |
25 785 KSEK |
|
STORA ENSO PACKAGING AS |
|
N/A |
- |
100% |
- |
|
STORA ENSO PACKAGING KFT |
|
N/A |
- |
100% |
- |
|
STORA ENSO PACKAGING KFT |
|
N/A |
- |
100% |
- |
|
STORA ENSO PACKAGING SIA |
|
N/A |
- |
100% |
- |
|
STORA ENSO PACKAGING SP ZOO |
|
N/A |
- |
100% |
- |
|
STORA ENSO PACKAGING UAB |
|
N/A |
- |
100% |
- |
|
TAMREST OY |
|
07350986 |
31.12.2008 |
100% |
€63 000 |
|
OOO STORA ENSO PACKAGI... |
|
N/A |
- |
100% |
- |
|
OOO STORA ENSO PACKAGI... |
|
N/A |
- |
100% |
- |
|
STORA ENSO POLAND SA |
|
N/A |
- |
94% |
- |
|
SCANTRANS SP.Z.O.O. |
|
N/A |
- |
97% |
- |
|
STORA ENSO NAREW SP.Z.O.O. |
|
N/A |
- |
100% |
- |
|
STORA ENSO RECYCLING SP.... |
|
N/A |
- |
100% |
- |
|
STORA ENSO POLSKA SP.Z.O.O. |
|
N/A |
- |
100% |
- |
|
STORA ENSO PUBLICATION PAP... |
|
08562104 |
31.12.2011 |
100% |
€281 572 000 |
|
STORA ENSO PUBLICATION P... |
|
17537189 |
- |
100% |
- |
|
STORA ENSO HUATAL PAPE... |
|
N/A |
- |
60% |
- |
|
STORA ENSO SOUTH EAST ASIA... |
|
N/A |
- |
100% |
- |
|
STORA ENSO TIMBER TRADING SIA |
|
N/A |
- |
100% |
- |
|
STORA ENSO TREASURY AMSTER... |
|
N/A |
- |
100% |
- |
|
STORA ENSO VENTURES OY |
|
18806213 |
- |
100% |
- |
|
DESIGN FORCE AB |
|
N/A |
- |
100% |
- |
|
STORA ENSO PACKAGENT OY |
|
17362737 |
31.12.2009 |
100% |
€75 000 |
|
STORA ENSO WOOD PRODUCTS O... |
|
10151830 |
31.12.2011 |
100% |
€234 492 000 |
|
ERIDOMIC OY |
|
09626894 |
31.12.2011 |
100% |
€9 503 000 |
|
PUUMERKKI OY |
|
09039120 |
31.12.2011 |
100% |
€174 863 000 |
|
SETLES LLC |
|
N/A |
- |
100% |
- |
|
SETNORD LLC |
|
N/A |
- |
100% |
- |
|
SETNOVO LLC |
|
N/A |
- |
100% |
- |
|
STORA ENSO TIMBER AUSTRA... |
|
N/A |
- |
100% |
- |
|
STORA ENSO TIMBER DOO |
|
N/A |
- |
100% |
- |
|
STORA ENSO TIMBER JAPAN... |
|
N/A |
- |
100% |
- |
|
STORA ENSO WOOD PRODUCTS... |
|
N/A |
- |
100% |
- |
|
CENTRUM DYSTRYBUCJI I... |
|
N/A |
- |
100% |
- |
|
EURO TIMBER SPOL S.R.O. |
|
N/A |
- |
89% |
- |
|
HESPOL SP ZOO |
|
N/A |
- |
100% |
- |
|
STORA ENSO TIMBER (DEU... |
|
HRB 23399 |
- |
100% |
- |
|
STORA ENSO WOOD PRODUC... |
|
N/A |
- |
100% |
- |
|
STORA ENSO WOOD PRODUC... |
|
N/A |
- |
100% |
- |
|
STORA ENSO WOOD PRODUC... |
|
N/A |
- |
100% |
- |
|
STORA ENSO WP HV SRO |
|
N/A |
- |
80% |
- |
|
STORA ENSO WP BAD ST L... |
|
N/A |
- |
100% |
- |
|
STORA ENSO WP HOLZVERA... |
|
N/A |
- |
100% |
- |
|
STORA FINANCE FRANCE SA |
|
N/A |
- |
100% |
- |
|
STORA LUXEMBOURG S.À R.L. |
|
B67879 |
- |
100% |
- |
|
STORA ENSO S.À R.L. |
|
B67934 |
- |
100% |
- |
|
SUNILAN PUHDISTAMO OY |
|
09582959 |
31.12.2011 |
67% |
€1 179 000 |
|
ZAO STORA ENSO LTD |
|
N/A |
- |
100% |
- |
Linked Companies
|
Name |
|
Number |
Latest Key financials |
Turnover |
|
GAMBRO LUNDIA AB |
|
5560577594 |
31.12.2012 |
7 275 000 KSEK |
|
GAMBRO AKTIEBOLAG |
|
5560418005 |
31.12.2012 |
65 000 KSEK |
|
PAPYRUS NORGE AS |
|
957865259 |
31.12.2012 |
1 537 900 KNOK |
|
GROUPE PAPYRUS FRANCE |
|
306460676 |
31.12.2012 |
€181 165 098 |
|
GAMBRO FASTIGHET AB |
|
5560208505 |
31.12.2012 |
- |
|
STORA ENSO NYMÖLLA AKTIEBOLAG |
|
5560704446 |
31.12.2012 |
3 146 000 KSEK |
|
BERGVIK SKOG VÄST AB |
|
5566105358 |
31.12.2012 |
1 972 000 KSEK |
|
BERGHUIZER PAPIERFABRIEK N.V. |
|
08008957 |
31.12.2011 |
- |
|
PAPYRUS SUPPLIES AB |
|
5560576554 |
31.12.2012 |
1 698 622 KSEK |
|
PAPYRUS HOLDING AB |
|
5567176135 |
31.12.2012 |
- |
|
BERGVIK SKOG PLANTOR AB |
|
5566278866 |
31.12.2012 |
100 923 KSEK |
|
STORA ENSO DEUTSCHLAND GMBH |
|
HRB 53806 |
31.12.2007 |
€17 366 209 |
|
PAPYRUS AB |
|
5567341630 |
31.12.2012 |
346 653 KSEK |
|
BILLERUD (U.K.) LIMITED |
|
SC072119 |
30.09.2002 |
- |
|
PAPYRUS GROUP GERMANY GMBH |
|
HRB 704570 |
31.12.2012 |
- |
|
PAPYRUS GROUP HOLLAND B.V. |
|
09180779 |
31.12.2012 |
- |
|
INDAP SWEDEN AB |
|
5566784111 |
30.09.2013 |
- |
|
STORA ENSO TIMBER DIY PRODUCTS B.V. |
|
33134334 |
31.12.2010 |
€25 214 000 |
|
INDAP HOLDING AB |
|
5566803879 |
31.12.2012 |
4 KSEK |
|
STORA ENSO TIMBER DEUTSCHLAND GMBH |
|
HRB 1279 |
31.12.2012 |
€71 896 336 |
|
STORA ENSO LOGISTICS GMBH |
|
HRB 29077 |
31.12.2012 |
€175 234 222 |
|
PAPYRUS SUPPLIES GROUP AB |
|
5566852280 |
31.12.2012 |
2 958 KSEK |
|
ELFES BETEILIGUNGS GMBH |
|
HRB 627 |
31.12.2012 |
€4 730 |
|
STÄDGROSSIMPORTEN I STOCKHOLM AKTIEBOLAG |
|
5564114642 |
31.12.2012 |
56 430 KSEK |
|
ALTPAPIER VERWERTUNG WATTENSCHEID GMBH |
|
HRB 1336 |
31.12.2012 |
€5 495 064 |
|
STORA ENSO BAIENFURT GMBH |
|
HRB 722924 |
31.12.2011 |
€11 774 078 |
|
STORA ENSO KABEL VERWALTUNGS GMBH |
|
HRB 7639 |
31.12.2012 |
- |
|
GAMBRO INCENTIVE VERWALTUNGS GMBH |
|
HRB 723719 |
31.12.2011 |
€1 250 |
|
BÄCKE EMBALLAGE AKTIEBOLAG |
|
5562011048 |
31.12.2012 |
142 483 KSEK |
|
PAPYRUS AB |
|
5562021948 |
31.12.2010 |
137 296 KSEK |
|
PAPYRUS NETWORK AKTIEBOLAG |
|
5562802131 |
31.12.2010 |
140 853 KSEK |
|
INCENTIVE AKTIEBOLAG |
|
5563693109 |
31.12.2012 |
13 KSEK |
|
STÄDCENTRALEN TRÄFFPUNKTEN AKTIEBOLAG |
|
5565611851 |
31.12.2012 |
23 558 KSEK |
|
BERGVIK SKOG ÖST AB |
|
5566445473 |
31.12.2012 |
411 000 KSEK |
|
FLOTTSJÖN VINDKRAFT AB |
|
5567409254 |
31.12.2012 |
- |
|
GOPÅN NÄT AB |
|
5567759005 |
31.12.2012 |
- |
|
SKAFTÅSEN NÄT AB |
|
5567759013 |
31.12.2012 |
- |
|
LINGBO VINDKRAFT AB |
|
5567759021 |
31.12.2012 |
- |
|
SVARTNÄS VINDKRAFT AB |
|
5567759039 |
31.12.2012 |
- |
|
GRUVBERGET VINDKRAFT AB |
|
5567948152 |
31.12.2012 |
- |
|
VITO SKOG AB |
|
5568021801 |
31.12.2012 |
- |
|
DINA SKOG 2013 AB |
|
5568021850 |
31.12.2012 |
- |
|
NYSKOG17 AB |
|
5568198419 |
31.12.2012 |
- |
|
NYSKOG16 AB |
|
5568198484 |
31.12.2012 |
6 400 KSEK |
|
NYSKOG14 AB |
|
5568484983 |
31.12.2012 |
- |
|
NYSKOG13 AB |
|
5568485014 |
31.12.2012 |
- |
|
SKAFTÅSEN VINDKRAFT AB |
|
5568979164 |
31.12.2012 |
- |
|
PAPYRUS FINLAND OY |
|
21292751 |
31.12.2011 |
€55 858 000 |
|
GAMBRO HOSPAL LIMITED |
|
01021994 |
31.12.2011 |
- |
|
STORA ENSO PENSION TRUST LIMITED |
|
03179833 |
01.04.2013 |
- |
|
DAW1 LIMITED |
|
03820338 |
31.12.2012 |
- |
|
PAPYRUS AG |
|
220961 |
- |
- |
|
STORA ENSO FINANCIAL SERVICES EN LIQUIDATION SA |
|
428056446 |
31.12.2010 |
- |
|
STORA ENSO FOREST CENTRAL EUROPE GMBH |
|
HRB 40204 |
- |
- |
|
STORA ENSO PUBLICATION PAPER VERWALTUNGS GMBH |
|
HRB 38870 |
- |
- |
|
STORA ENSO PUBLICATION PAPER GMBH & CO. KG |
|
HRA 14958 |
- |
- |
|
STORA ENSO UETERSEN GMBH |
|
HRB 7583 PI |
- |
- |
|
CORENSO-ELFES GMBH & CO. KG |
|
HRA 315 |
- |
- |
|
STORA ENSO KALBEL GMBH & CO. KG |
|
HRA 5226 |
- |
- |
|
STORA ENSO REISHOLZ GMBH & CO. KG |
|
HRA 14965 |
- |
- |
|
FPB HOLDING GMBH & CO. KG |
|
HRA 14963 |
31.12.2012 |
€502 518 649 |
|
STORA ENSO MAXAU BETEILIGUNGS-GESELLSCHAFT M.B.H |
|
HRB 65268 |
- |
- |
|
STORA ENSO MAXAU GMBH & CO. KG |
|
HRA 104410 |
- |
- |
|
STORA ENSO PUBLICATION PAPER AKTIENGESELLSCHAFT |
|
HRB 12587 |
- |
- |
|
STORA ENSO NORTH AMERICA |
|
US34889074 |
- |
- |
|
TSP INC |
|
US45755324 |
- |
$621 000 |
|
AS PAPYRUS |
|
- |
- |
- |
|
BERGVIK SKOG SIA |
|
- |
- |
- |
|
CORENSO UNITED OY LTD |
|
- |
- |
- |
|
HEMP BIDCO S.A.S. |
|
- |
- |
- |
|
LAMINATING PAPERS OY |
|
- |
- |
- |
|
OOO STORA ENSO PACKAGING |
|
- |
- |
- |
|
PAPYRUS A/S |
|
- |
- |
- |
|
PAPYRUS A/S |
|
- |
- |
- |
|
PAPYRUS BELGIUM NVFSA |
|
- |
- |
- |
|
PAPYRUS BOHEMIA SPOL SRO |
|
- |
- |
- |
|
PAPYRUS CROATIA D O O |
|
- |
- |
- |
|
PAPYRUS HUNGARIA RT |
|
- |
- |
- |
|
PAPYRUS PAPIER ITALIA SRL |
|
- |
- |
- |
|
PAPYRUS PAPR D.O.O. |
|
- |
- |
- |
|
PAPYRUS SA |
|
- |
- |
- |
|
PAPYRUS SIA |
|
- |
- |
- |
|
PAPYRUS SLOVAKIA SRO |
|
- |
- |
- |
|
PAPYRUS SP Z O O |
|
- |
- |
- |
|
PUUMERKKI AS |
|
- |
- |
- |
|
SCALDIA PAPIER BV |
|
- |
- |
- |
|
SCHNEIDERSÖHNE GMBH |
|
- |
- |
- |
|
SIA RUDA |
|
- |
- |
- |
|
SIHL & EIKA PAPIER AG |
|
- |
- |
- |
|
STORA ENSO ARAPOTI INDÚSTRIA DE PAPEL |
|
- |
- |
- |
|
STORA ENSO OYI |
|
- |
- |
- |
|
STORA ENSO POLAND SA |
|
- |
- |
- |
|
STORA ENSO SUZHOU PAPER CO LTD |
|
- |
- |
- |
|
STORA ENSO TIMBER AG |
|
- |
- |
- |
|
STORA ENSO TIMBER AS |
|
- |
- |
- |
|
STORA ENSO TIMBER BAD ST LEONARD GMBH |
|
- |
- |
- |
|
STORA ENSO TIMBER D.O.O. |
|
- |
- |
- |
|
STORA ENSO TIMBER DEUTCHLAND GMBH |
|
- |
- |
- |
|
STORA ENSO TIMBER OY LTD |
|
- |
- |
- |
|
STORA ENSO TIMBER PLANÁ SRO |
|
- |
- |
- |
|
STORA ENSO TIMBER ZDÍREC SRO |
|
- |
- |
- |
|
STORA ENSO WOOD PRODUCTS GMBH |
|
- |
- |
- |
FINANCIAL INFORMATION
Key Financials (€)
|
Year |
31.12.2012 |
% |
31.12.2011 |
% |
31.12.2010 |
|
|
|
Number of weeks |
52 |
|
52 |
|
52 |
|
|
|
Turnover |
291.590.151 |
4% |
281.571.699 |
-29% |
396.956.490 |
|
|
|
Operating Profit/Loss |
8.601.065 |
- |
-4.684.975 |
- |
-29.778.255 |
|
|
|
Profit/Loss after Financial
Items |
7.489.141 |
- |
-6.324.549 |
- |
-32.245.943 |
|
|
|
Profit/Loss after tax |
7.489.141 |
- |
-6.324.549 |
- |
-32.315.386 |
|
|
|
Current Assets |
89.996.810 |
12% |
80.564.422 |
-26% |
108.887.122 |
|
|
|
Fixed Assets |
86.933.450 |
-8% |
94.149.821 |
-8% |
102.127.241 |
|
|
|
Long Term Debts |
5.075.669 |
-33% |
7.597.918 |
-47% |
14.241.287 |
|
|
|
Current Liabilities |
88.231.427 |
-3% |
90.982.302 |
-20% |
114.314.504 |
|
|
|
Shareholders Equity |
83.623.164 |
10% |
76.134.023 |
-8% |
82.458.572 |
|
|
|
Balance sheet total |
176.930.260 |
1% |
174.714.243 |
-17% |
211.014.363 |
|
|
|
Number of employees |
358 |
|
379 |
|
490 |
|
|
|
Auditor qualification |
The auditor has no reservations |
|
The auditor has no reservations |
|
The auditor has no reservations |
|
|
Ratios
|
Year |
31.12.2012 |
|
31.12.2011 |
|
31.12.2010 |
|
|
|
Solvency Ratio |
47% |
|
44% |
|
39% |
|
|
|
|
Low Indebtedness |
|
Low Indebtedness |
|
Moderate Indebtedness |
|
|
|
Net margin (%) |
3% |
|
-2% |
|
-8% |
|
|
|
Interest Coverage Ratio (times) |
8 |
|
-2 |
|
-11 |
|
|
|
Gearing (%) |
6% |
|
10% |
|
17% |
|
|
|
Liquidity Ratio/Acid Test |
1 |
|
1 |
|
1 |
|
|
|
Risk Buffer (%) |
4% |
|
-4% |
|
-16% |
|
|
Profit & Loss
(€)
|
|
Operating Income |
31.12.2012 |
% |
31.12.2011 |
% |
31.12.2010 |
|
|
|
|
Number of weeks |
52 |
|
52 |
|
52 |
|
|
|
|
Consolidated Accounts |
no |
|
no |
|
no |
|
|
|
|
Sales Revenue |
291.590.151 |
4% |
281.571.699 |
-29% |
396.956.490 |
|
|
|
|
Other Operating Income |
9.815.610 |
-26% |
13.278.057 |
-47% |
24.953.094 |
|
|
|
|
Total Operating Income |
301.405.761 |
2% |
294.849.756 |
-30% |
421.909.584 |
|
|
|
|
Wages & Salaries |
24.982.515 |
-11% |
28.022.189 |
-41% |
47.495.270 |
|
|
|
|
Depreciation |
11.514.072 |
-10% |
12.731.193 |
0% |
12.693.599 |
|
|
|
|
Total Operating Expenses |
292.804.696 |
-2% |
299.534.731 |
-34% |
451.687.839 |
|
|
|
|
Operating Profit/Loss |
8.601.065 |
- |
-4.684.975 |
- |
-29.778.255 |
|
|
|
|
Result From Financial Investments |
|||||||
|
|
Financial Income |
28.127 |
-88% |
228.289 |
13% |
201.430 |
|
|
|
|
Financial Expenses |
1.140.051 |
-39% |
1.867.863 |
-30% |
2.669.118 |
|
|
|
|
Total Financial Investments |
-1.111.924 |
- |
-1.639.574 |
- |
-2.467.688 |
|
|
|
|
Profit/Loss after Financial
Items |
7.489.141 |
- |
-6.324.549 |
- |
-32.245.943 |
|
|
|
|
Extraordinary Income |
0 |
- |
0 |
- |
0 |
|
|
|
|
Extraordinary Expenses |
0 |
- |
0 |
- |
178.387 |
|
|
|
|
Profit/Loss Before Tax |
7.489.141 |
- |
-6.324.549 |
- |
-32.424.330 |
|
|
|
|
Tax |
0 |
- |
0 |
- |
-108.944 |
|
|
|
|
Profit/Loss After Tax |
7.489.141 |
- |
-6.324.549 |
- |
-32.315.386 |
|
|
Balance Sheet (€)
|
|
Assets |
12.2012 |
% |
12.2011 |
% |
12.2010 |
|
|
|
|
Number of weeks |
52 |
|
52 |
|
52 |
|
|
|
|
Consolidated Accounts |
no |
|
no |
|
no |
|
|
|
|
Fixed Assets |
|||||||
|
|
Intangible Assets |
6.598 |
-34% |
10.040 |
-26% |
13.483 |
|
|
|
|
Tangible Assets |
61.574.020 |
-10% |
68.786.949 |
-10% |
76.757.562 |
|
|
|
|
Other Fixed Assets |
25.352.832 |
0% |
25.352.832 |
0% |
25.356.196 |
|
|
|
|
Total Fixed Assets |
86.933.450 |
-8% |
94.149.821 |
-8% |
102.127.241 |
|
|
|
|
Current Assets |
|||||||
|
|
Inventories |
20.804.682 |
13% |
18.375.963 |
-12% |
20.864.356 |
|
|
|
|
Trade Receivables |
49.092.396 |
8% |
45.449.637 |
-25% |
60.590.121 |
|
|
|
|
Other Receivables |
20.099.732 |
20% |
16.738.822 |
-39% |
27.432.645 |
|
|
|
|
Cash & Bank Balances |
0 |
- |
0 |
- |
0 |
|
|
|
|
Other Current Assets |
0 |
- |
0 |
- |
0 |
|
|
|
|
Total Current Assets |
89.996.810 |
12% |
80.564.422 |
-26% |
108.887.122 |
|
|
|
|
Total Assets |
176.930.260 |
1% |
174.714.243 |
-17% |
211.014.363 |
|
|
Equity and
Liabilities (€)
|
|
EQUITY |
|||||||
|
|
Share Capital |
136.850.000 |
0% |
136.850.000 |
0% |
136.850.000 |
|
|
|
|
Share Premium Reserve |
0 |
- |
0 |
- |
0 |
|
|
|
|
Retained Earnings |
-103.065.434 |
- |
-110.554.575 |
- |
-104.230.026 |
|
|
|
|
Other Reserves |
49.838.598 |
0% |
49.838.598 |
0% |
49.838.598 |
|
|
|
|
Total Equity |
83.623.164 |
10% |
76.134.023 |
-8% |
82.458.572 |
|
|
|
|
LONG TERM LIABILITIES |
|||||||
|
|
Long Term Liabilities to
Financial Institutions |
0 |
- |
0 |
- |
0 |
|
|
|
|
Other Long Term Liabilities
Finance |
0 |
- |
0 |
- |
0 |
|
|
|
|
Other Long Term Liabilities |
5.075.669 |
-33% |
7.597.918 |
-47% |
14.241.287 |
|
|
|
|
Total Long Term Debts |
5.075.669 |
-33% |
7.597.918 |
-47% |
14.241.287 |
|
|
|
|
CURRENT LIABILITIES |
|||||||
|
|
Trade Payables |
25.250.139 |
-5% |
26.658.778 |
-26% |
36.046.640 |
|
|
|
|
Liabilities to Financial
Institutions |
0 |
- |
0 |
- |
0 |
|
|
|
|
Other Short Term Financial Loans |
0 |
- |
0 |
- |
60.000.000 |
|
|
|
|
Other Short Term Liabilities |
62.981.288 |
-2% |
64.323.524 |
252% |
18.267.864 |
|
|
|
|
Total Current Liabilities |
88.231.427 |
-3% |
90.982.302 |
-20% |
114.314.504 |
|
|
|
|
Total Liabilities |
93.307.096 |
-5% |
98.580.220 |
-23% |
128.555.791 |
|
|
|
|
Total Equity & Liabilities |
176.930.260 |
1% |
174.714.243 |
-17% |
211.014.363 |
|
|
Other Financials
(€)
|
|
Working Capital |
1.765.383 |
- |
-10.417.880 |
- |
-5.427.382 |
|
|
|
|
Net Worth |
83.616.566 |
10% |
76.123.983 |
-8% |
82.445.089 |
|
|
Key Ratios
|
|
|
31.12.2012 |
|
31.12.2011 |
|
31.12.2010 |
|
|
|
|
Number of weeks |
52 |
|
52 |
|
52 |
|
|
|
|
Consolidated Accounts |
no |
|
no |
|
no |
|
|
|
|
PROFITABILITY |
|||||||
|
|
Net Margin % |
2,6% |
|
-2,3% |
|
-8,1% |
|
|
|
|
Operating Profit/Loss % |
3,0% |
|
-1,7% |
|
-7,5% |
|
|
|
|
Pre-Tax Profit Margin % |
2,6% |
|
-2,3% |
|
-8,2% |
|
|
|
|
TRADING PERFORMANCE |
|||||||
|
|
Return on Net Assets Employed % |
9,0% |
|
-8,3% |
|
-39,3% |
|
|
|
|
Return on Total Capital % |
4,9% |
|
-2,6% |
|
-14,0% |
|
|
|
|
Interest Coverage Ratio (times) |
8 |
|
-2 |
|
-11 |
|
|
|
|
Return on Capital Employed % |
8,4% |
|
-7,6% |
|
-33,5% |
|
|
|
|
Return on Total Assets Employed
% |
4,2% |
|
-3,6% |
|
-15,4% |
|
|
|
|
Interest on Debt % |
1,2% |
|
1,9% |
|
2,1% |
|
|
|
|
Risk Buffer % |
3,7% |
|
-4,4% |
|
-16,1% |
|
|
|
|
SHORT TERM LIQUIDITY |
|||||||
|
|
Liquidity Ratio/Acid Test |
1 |
|
1 |
|
1 |
|
|
|
|
Current Ratio % |
102,0% |
|
89,0% |
|
95,0% |
|
|
|
|
Debtor Days |
61 |
|
59 |
|
56 |
|
|
|
|
Working capital |
1.765.383 |
|
-10.417.880 |
|
-5.427.382 |
|
|
|
|
LONG TERM LIQUIDITY |
|||||||
|
|
Equity Ratio % |
47,3% |
|
43,6% |
|
39,1% |
|
|
|
|
Gearing % |
6,1% |
|
10,0% |
|
17,3% |
|
|
|
|
Current Debt Ratio |
1 |
|
1 |
|
1 |
|
|
|
|
Total Debt Ratio |
1 |
|
1 |
|
2 |
|
|
|
|
Relative debt % |
32,0% |
|
35,0% |
|
32,4% |
|
|
|
|
BUSINESS MEASURES |
|||||||
|
|
Change in turnover % |
3,6% |
|
-29,1% |
|
- |
|
|
|
|
Turnover/employees |
814498 |
|
742933 |
|
810115 |
|
|
|
|
Sales/Net Working Capital |
165 |
|
-27 |
|
-73 |
|
|
|
|
Stock Turnover Ratio % |
7,1% |
|
6,5% |
|
5,3% |
|
|
|
|
Creditor Days |
32 |
|
35 |
|
33 |
|
|
|
|
Equity in Percentage % |
55,2% |
|
51,0% |
|
44,4% |
|
|
ADDITIONAL INFORMATION
|
Trade Registry Number |
522386 |
|
Business ID |
08562104 |
|
Registered Address |
Kanavaranta 1, 00160, HELSINKI |
|
Visiting Address |
Kanavaranta 1, 00160, HELSINKI |
|
Postal Address |
PL 309, 00101, HELSINKI |
|
Operating Address |
Anjala Mill,
FI-46900 Inkeroinen, Finland |
|
Branches |
7 |
|
Website Address |
|
|
Accountant |
Deloitte & Touche Oy |
|
Last Accounts Date |
31.12.2011 |
Registrations in
Force
|
|
State |
Registration Date |
|
Tax Administration |
Registered |
19.09.1991 |
|
Trade Register |
Registered |
11.09.1991 |
|
Employer Register |
Registered |
01.09.1991 |
|
Prepayment Register |
Registered |
01.03.1995 |
|
Value Added Tax-Liability |
VAT-liable for business activity |
01.06.1994 |
Business History
|
Date |
Event |
Source Company Name |
|
01.12.2013 |
Merger |
Stora Enso
Publication Paper Asia Oy merged into Stora Enso
Publication Papers Oy Ltd |
|
30.11.2013 |
Merger |
Stora Enso
Publication Paper Asia Oy merged into Stora Enso
Publication Papers Oy Ltd |
|
01.01.2009 |
Merger |
Kymenso Oy
merged into Stora Enso Publication Papers Oy Ltd |
|
31.12.2008 |
Merger |
Kymenso Oy
merged into Stora Enso Publication Papers Oy Ltd |
|
01.01.1997 |
Merger |
10287658 merged into Stora Enso Publication Papers Oy
Ltd |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.48 |
|
UK Pound |
1 |
Rs.102.95 |
|
Euro |
1 |
Rs.84.60 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.