MIRA INFORM REPORT

 

 

Report Date :

31.07.2014

 

IDENTIFICATION DETAILS

 

Name :

ANTTILA OY

 

 

Formerly Known As :

TUKOANTTILA OY 

 

 

Registered Office :

Valimotie 17, 00380, Helsinki Pl 1060, 00016, Kesko

 

 

Country :

Finland

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

31.12.1984

 

 

Com. Reg. No.:

05766873

 

 

Legal Form :

Limited company

 

 

Line of Business :

Retail sale in self-service department stores

 

 

No. of Employees

1592

 

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 :

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 – June 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

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, or Sweden. Trade is important, with exports accounting for over one-third of GDP in recent years. Finland is historically competitive in manufacturing - principally the wood, metals, engineering, telecommunications, and electronics industries. Finland excels in export of technology for mobile phones as well as promotion of startups in the ICT, gaming, cleantech, and biotechnology sectors. 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, however, continued recession within the EU dampened the economy in 2012-13. The recession affected general government finances and the debt ratio, turning previously strong budget surpluses into deficits, but Finland took action to ensure it that it met the EU deficit targets in 2013 and retained its triple-A credit rating. Finland's main challenge will be to stimulate growth while faced with weak export demand in the EU and its own government austerity measures. Longer-term, Finland must address a rapidly aging population and decreasing productivity in traditional industries that threaten competitiveness, fiscal sustainability, and economic growth

 

Source : CIA

 

 

 

Company name and address

 

Trading Name

ANTTILA OY

Trade Registry Number

 

 

Company Name

ANTTILA OY

Business ID

05766873

 

Previous Name

TUKOANTTILA OY 

 

 

 

Telephone Number

0105343

Registered Address

Valimotie 17, 00380, HELSINKI

 

Fax Number

0105340199

Visiting Address

Valimotie 17, 00380, HELSINKI

 

Home Municipality

Helsinki

Postal Address

PL 1060, 00016, KESKO

 

Incorporation Date

31.12.1984

Branches

45  

 

Company Type

Limited company

Website Address

 

 

Primary Sic Code

47191

Accountant

PricewaterhouseCoopers Oy

Primary Sic Description

Retail sale in self-service department stores (over 2,500 m¦)

Last Accounts Date

31.12.2012

 

 

Share Capital (€)

17.091.967

Holding Company

 

 

 

Deals in importing

Yes

Foreign Ownership

No

 

 

Deals in exporting

Yes

Currency

EUR

 

 

 

 

DIRECTORS/MANAGEMENT

 

Current Directors

Name

Rauhala Jorma Antero

 

 

Date of Birth

15.07.1965

Appointment Date

17.04.2013

Nationality

FINLAND

Function

Actual Member of Board

 

Name

Ollila Antti Jussi

 

 

Date of Birth

07.10.1965

Appointment Date

20.12.2013

Nationality

FINLAND

Function

Managing director

 

Name

Erlund Jukka Henrik

 

 

Date of Birth

31.08.1974

Appointment Date

17.04.2013

Nationality

FINLAND

Function

Actual Member of Board

 

Name

Halmesmäki Matti Veikko Iisakki

 

 

Date of Birth

22.05.1952

Appointment Date

17.04.2013

Nationality

FINLAND

Function

Chairman of Board

 

Name

Kurunsaari Minna Annukka

 

 

Date of Birth

15.07.1965

Appointment Date

17.04.2013

Nationality

FINLAND

Function

Actual Member of Board

 

Other Company Officials

 

Name

Pesonen Tapio Antero

 

 

Date of Birth

27.12.1957

Appointment Date

28.05.2014

Nationality

FINLAND

Function

Authority to sign

 

Name

Auvinen Antti Erkki Juhana

 

 

Date of Birth

24.11.1976

Appointment Date

28.05.2014

Nationality

FINLAND

Function

Authority to sign

 

Name

Kakko Mika Heikki

 

 

Date of Birth

25.12.1972

Appointment Date

28.05.2014

Nationality

FINLAND

Function

Authority to sign

 

Name

Koivunen Jukka Pellervo

 

 

Date of Birth

03.08.1961

Appointment Date

28.05.2014

Nationality

FINLAND

Function

Authority to sign

 

Name

Hartikainen Henna Anniina

 

 

Date of Birth

11.02.1982

Appointment Date

28.05.2014

Nationality

FINLAND

Function

Authority to sign

 

Name

Jarva Jukka-Pekka Olavi

 

 

Date of Birth

03.05.1970

Appointment Date

17.04.2013

Nationality

FINLAND

Function

Principal accountant

 

Name

Toivanen Voitto Martti Tapio

 

 

Date of Birth

04.08.1961

Appointment Date

28.05.2014

Nationality

FINLAND

Function

Authority to sign

 

Name

Majoinen Mika-Veli

 

 

Date of Birth

13.10.1963

Appointment Date

28.05.2014

Nationality

FINLAND

Function

Authority to sign

 

 

NEGATIVE INFORMATION

 

No negative information given.

 

SHARE & SHARE CAPITAL INFORMATION

 

Shareholder Information

Year

31.12.2013

 

Total Value of Shares

17.091.967

 

Number of Shares

20.324.844

 

Value of Shares

-

 

 

 

PAYMENT INFORMATION

 

Na

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Group structure

Company Name

 

Registered Number

Latest Key Financials

Percentage Owned

Turnover

KESKO OYJ

 

01098628

31.12.2012

-

€33 567 173

ANSAMI OOO

 

N/A

-

100%

-

ANTTILA OY

 

05766873

31.12.2012

100%

€464 456 241

ANTTILA AS

 

N/A

-

100%

-

SIA ANTTI

 

N/A

-

100%

-

ASUNTO OY KIRKKONUMMEN VÄS...

 

22935827

-

100%

-

KIINTEISTÖ OY SUNAN HALLITALO

 

05675496

31.12.2012

100%

-

INDOOR GROUP OY

 

15123329

31.12.2012

100%

€176 486 729

ASKO MÖBLER AB

 

5565514014

31.12.2012

100%

-

INDOOR GROUP AS

 

N/A

-

100%

-

IKOSEN OÜ

 

N/A

-

100%

-

INDOOR GROUP SIA LATVIA

 

N/A

-

100%

-

INSOFA OY

 

15701440

31.12.2012

100%

€7 819 200

INTERSPORT FINLAND OY

 

16488717

31.12.2012

100%

€181 446 914

JOHASTON OY

 

24084333

31.12.2012

80%

-

JOHASTON OOO

 

N/A

-

100%

-

K-INSTITUUTTI OY

 

10172711

31.12.2012

72%

€5 640 417

K-PLUS OY

 

10874270

31.12.2012

100%

€111 221 417

K-TALOUSPALVELUKESKUS OY

 

22341316

31.12.2012

51%

€11 161 841

KAMENKA OOO

 

N/A

-

100%

-

KENKÄKESKO OY

 

06375110

31.12.2012

100%

€23 455 156

KESTRA KIINTEISTÖPALVELUT OY

 

10529231

31.12.2012

100%

€45 512 145

KIINTEISTÖ OY FURUPURO

 

01238977

-

100%

-

KIINTEISTÖ OY HELSINGIN SA...

 

21542554

31.12.2009

100%

€251 000

KIINTEISTÖ OY KEMIN ASEMAK...

 

11042740

31.12.2007

67%

€67 000

KIINTEISTÖ OY LAHDEN KARISMA

 

23421019

31.12.2012

100%

€2 579 633

KIINTEISTÖ OY LAPPEENRANNA...

 

01619243

-

100%

-

KIINTEISTÖ OY MÄNTYHARJUN...

 

08745963

-

100%

-

KIINTEISTÖ OY VOISALMEN LI...

 

03562893

31.12.2012

100%

€19 823

KIINTEISTÖ OY VÄLIVAINION...

 

01886376

-

66%

-

KLINTCENTER AB

 

06514029

31.12.2012

100%

€5 796

KONEKESKO OY

 

17085899

31.12.2012

100%

€211 035 022

KONEKESKO EESTI AS

 

N/A

-

100%

-

KONEKESKO HOLDING OY

 

22086108

31.12.2012

100%

-

KONEKESKO OOO

 

N/A

-

100%

-

LOIMAAN MAATALOUS- JA RA...

 

19509667

31.12.2012

100%

-

SIA KONEKESKO LATVIA

 

N/A

-

100%

-

TP REAL ESTATE SIA

 

N/A

-

100%

-

UAB KONEKESKO LIETUVA

 

N/A

-

100%

-

KR GROUP OOO

 

N/A

-

100%

-

KRONA OOO

 

N/A

-

100%

-

KIINTEISTÖ OY PAJALANTIE 19

 

07264666

-

100%

-

KIINTEISTÖ OY TERVASKANGAS

 

23466583

31.12.2012

100%

€2 989 830

KIINTEISTÖ OY KERAVAN ALIK...

 

23963600

31.12.2012

100%

€123 331

MALMINTORIN PYSÄKÖINTITALO OY

 

06323855

31.12.2009

100%

€199 000

MUSTA PÖRSSI OY

 

17169136

31.12.2012

100%

€57 258 490

PLUSSA OÜ

 

N/A

-

100%

-

RAUTAKESKO OY

 

16432561

31.12.2012

100%

€1 237 810 523

A/S RAUTAKESKO

 

N/A

-

100%

-

NORGROS NORGE AS

 

927733056

31.12.2013

100%

3 341 436 KNOK

BRULAND BYGG AS

 

974682710

31.12.2012

66%

32 043 KNOK

BYGGMAKKER DISTRUBUTIO...

 

N/A

-

100%

-

NORGROS AS

 

912914569

31.12.2012

100%

956 346 KNOK

TRØGSTADVEIEN 13 AS

 

980403106

31.12.2012

100%

-

VERDAL EIENDOM AS

 

936532535

31.12.2012

100%

-

FIESTA REAL ESTATE AS

 

N/A

-

100%

-

K-MAATALOUSKAUPAT OY

 

19015878

31.12.2012

100%

€19 325 859

K-RAUTA AB

 

5565112991

31.12.2012

100%

1 879 824 KSEK

KERU KIINTEISTÖT OY

 

19354968

31.12.2012

100%

-

KESKO REAL ESTATE LATVIA...

 

N/A

-

100%

-

POLO LS SIA

 

N/A

-

100%

-

SIA DAUGAVKRASTS M

 

N/A

-

100%

-

SIA K PROF

 

N/A

-

100%

-

SIA K RAUTA

 

N/A

-

100%

-

KIINTEISTÖ MESTA OY

 

19354845

31.12.2012

100%

-

BANSEMKO OOO

 

N/A

-

100%

-

MATCH-POINT OOO

 

N/A

-

100%

-

OOO KESKO REAL ESTATE

 

N/A

-

100%

-

SUNRETAIL ZAO

 

N/A

-

100%

-

KIINTEISTÖ OY HANNUNHELMI

 

10946297

31.12.2012

100%

-

KR FASTIGHETER AB

 

5566687868

31.12.2012

100%

-

K-RAUTA FASTIGHETER I...

 

N/A

-

100%

-

KR FASTIGHETER I ESKIL...

 

5567182638

31.12.2012

100%

5 847 KSEK

KR FASTIGHETER I HALMS...

 

5567182687

31.12.2012

100%

3 831 KSEK

KR FASTIGHETER I JÄRFA...

 

N/A

-

100%

-

KR FASTIGHETER I LINKÖ...

 

N/A

-

100%

-

KR FASTIGHETER I NORRB...

 

N/A

-

100%

-

KR FASTIGHETER I SUNDS...

 

5566399522

31.12.2012

100%

5 763 KSEK

KR FASTIGHETER I TÄBY AB

 

5566458823

31.12.2012

100%

8 396 KSEK

KR FASTIGHETER I UMEÅ AB

 

5566824487

31.12.2012

100%

5 604 KSEK

KR FASTIGHETER I UPPLA...

 

5567591234

31.12.2012

100%

6 251 KSEK

KR FASTIGHETER SERVICE...

 

5567583918

31.12.2012

100%

-

MEZCIEMS REAL ESTATE SIA

 

N/A

-

100%

-

RAKE EIENDOM AS

 

989118595

31.12.2012

100%

-

HASTI-ARI AS

 

N/A

-

100%

-

KNUTO AS

 

984931573

31.12.2012

100%

-

RAKE BERGEN AS

 

989132261

31.12.2012

100%

-

RAUTAKESKO AS

 

N/A

-

100%

-

STROYMASTER HOLDING FINL...

 

19036716

31.12.2012

100%

-

STROYMASTER ZAO

 

N/A

-

100%

-

ZAO KESTROY

 

N/A

-

100%

-

RUOKAKESKO OY

 

16366779

31.12.2012

100%

€3 617 954 727

BARKER-LITTOINEN OY

 

05167547

31.12.2012

100%

€17 585

CASSA OY

 

N/A

-

100%

-

HAUHON KIINTEISTÖ- JA KA...

 

07628431

31.12.2012

100%

€1 684

K-CITYMARKET OY

 

15077246

31.12.2012

100%

€663 580 378

KESPRO OY

 

09119171

31.12.2012

100%

€786 560 077

KIINTEISTÖ OY AROLAN RIS...

 

N/A

-

100%

-

KIINTEISTÖ OY LIIKE-JAAKO

 

01927342

-

68%

-

KIINTEISTÖ OY SAARIJÄRVE...

 

N/A

-

100%

-

KIINTEISTÖ OY SARVINIITY...

 

04891322

-

100%

-

KIINTEISTÖ OY TAMPURI

 

09760380

31.12.2012

100%

€244 343

KIINTEISTÖ OY TARKKAIIKKA

 

06151766

31.12.2012

100%

€160 753

KESKO FOOD RUSSIA HOLDIN...

 

21292049

31.12.2012

100%

-

KESKO FOOD RUS OOO

 

N/A

-

100%

-

KFR REAL ESTATE 1 OOO

 

N/A

-

100%

-

MIDGARD OOO

 

N/A

-

100%

-

LIMINGAN PORTTI 1 OY

 

20905544

31.12.2008

100%

€62 000

PIKOIL OY

 

N/A

-

100%

-

TAMPEREEN LÄNSIKESKUS OY

 

02116103

-

100%

-

SINCERA OY

 

11093804

31.12.2012

100%

-

SUOMENOJAN KAUPPAKESKUS OY

 

06845258

31.12.2008

100%

€120 000

TARONDI ESTATE OOO

 

N/A

-

100%

-

URAL OOO

 

N/A

-

100%

-

VV-AUTO GROUP OY

 

01545782

31.12.2012

100%

€588 722 029

AUTO-SPAN OY

 

N/A

-

100%

-

KIINTEISTÖ OY PIISPANSILTA

 

15059670

-

100%

-

KIINTEISTÖ OY VANTAAN KI...

 

14887976

31.12.2012

100%

€1 024 055

TURUN VV-AUTO OY

 

18605542

31.12.2012

100%

€81 530 326

VV-AUTOTALOT OY

 

19001900

31.12.2012

100%

€343 010 161

 

 

Linked Companies

Name

 

Number

Latest Key financials

Turnover

BYGGMAKKER HANDEL AS

 

980656616

31.12.2013

1 271 388 KNOK

HASTI-ARI AS

 

990188203

31.12.2012

-

KR FASTIGHETER I MALMÖ AB

 

5566424320

31.12.2012

8 075 KSEK

KR FASTIGHETER I JÄRFÄLLA AB

 

5566841044

31.12.2012

9 307 KSEK

KR FASTIGHETER I NORRBOTTEN AB

 

5568029564

31.12.2012

3 104 KSEK

KR FASTIGHETER I LINKÖPING AB

 

5568030497

31.12.2012

5 734 KSEK

INDOOR OY

 

-

-

-

 

 

FINANCIAL INFORMATION

 

Key Financials (€)

Year

31.12.2013

%

31.12.2012

%

31.12.2011

%

31.12.2010

Number of weeks

52

 

52

 

52

 

52

Turnover

387.475.343

-17%

464.456.241

-1%

470.732.923

-6%

500.853.578

Operating Profit/Loss

-48.756.246

-

-24.369.575

-

-13.754.668

-

7.492.250

Profit/Loss after Financial Items

-48.300.344

-

-23.954.050

-

-13.907.277

-

7.874.638

Profit/Loss after tax

-485.230

-

-321.767

-

2.132.083

-

-2.446.904

Current Assets

132.621.753

-7%

142.392.437

-3%

146.145.072

0%

146.022.142

Fixed Assets

33.426.896

1%

32.995.786

7%

30.775.753

9%

28.178.796

Long Term Debts

17.413.311

-14%

20.229.063

-13%

23.205.625

-19%

28.491.875

Current Liabilities

111.421.320

-5%

117.459.913

2%

115.694.186

5%

109.820.132

Shareholders Equity

37.214.018

-1%

37.699.247

-1%

38.021.014

6%

35.888.931

Balance sheet total

166.048.649

-5%

175.388.223

-1%

176.920.825

2%

174.200.938

Number of employees

1592

 

1786

 

1878

 

1935

Auditor qualification

The auditor has no reservations

 

The auditor has no reservations

 

The auditor has no reservations

 

The auditor has no reservations

 

Ratios

Year

31.12.2013

 

31.12.2012

 

31.12.2011

 

31.12.2010

Solvency Ratio

22%  

 

21%  

 

21%  

 

21%  

 

Moderate Indebtedness

 

Moderate Indebtedness

 

Moderate Indebtedness

 

Moderate Indebtedness

Net margin (%)

-12%

 

-5%

 

-3%

 

2%

Interest Coverage Ratio (times)

-33

 

-12

 

-5

 

5

Gearing (%)

47%

 

54%

 

61%

 

79%

Liquidity Ratio/Acid Test

0

 

0

 

0

 

0

Risk Buffer (%)

-29%

 

-14%

 

-8%

 

4%

 

Profit & Loss (€)

 

Operating Income

31.12.2013

%

31.12.2012

%

31.12.2011

%

31.12.2010

 

Number of weeks

52

 

52

 

52

 

52

 

Consolidated Accounts

no

 

no

 

no

 

no

 

Sales Revenue

387.475.343

-17%

464.456.241

-1%

470.732.923

-6%

500.853.578

 

Other Operating Income

11.972.762

-11%

13.477.610

-3%

13.927.490

9%

12.722.141

 

Total Operating Income

399.448.105

-16%

477.933.851

-1%

484.660.413

-6%

513.575.719

 

Wages & Salaries

75.956.714

-7%

81.884.553

8%

76.139.417

9%

69.912.700

 

Depreciation

7.187.131

9%

6.607.391

18%

5.581.986

25%

4.451.747

 

Total Operating Expenses

448.204.351

-11%

502.303.426

1%

498.415.081

-2%

506.083.469

 

Operating Profit/Loss

-48.756.246

-

-24.369.575

-

-13.754.668

-

7.492.250

 

Result From Financial Investments

 

Financial Income

1.890.228

-18%

2.297.633

1%

2.280.365

6%

2.160.314

 

Financial Expenses

1.434.326

-24%

1.882.108

-23%

2.432.974

37%

1.777.926

 

Total Financial Investments

455.902

10%

415.525

-

-152.609

-

382.388

 

Profit/Loss after Financial Items

-48.300.344

-

-23.954.050

-

-13.907.277

-

7.874.638

 

Extraordinary Income

47.820.000

102%

23.629.000

47%

16.050.000

-

0

 

Extraordinary Expenses

0

-

0

-

0

-

10.300.000

 

Profit/Loss Before Tax

-480.344

-

-325.051

-

2.142.723

-

-2.425.362

 

Tax

4.886

-

-3.284

-

10.640

-51%

21.542

 

Profit/Loss After Tax

-485.230

-

-321.767

-

2.132.083

-

-2.446.904

 

Balance Sheet (€)

 

Assets

12.2013

%

12.2012

%

12.2011

%

12.2010

 

Number of weeks

52

 

52

 

52

 

52

 

Consolidated Accounts

no

 

no

 

no

 

no

 

Fixed Assets

 

Intangible Assets

11.618.404

29%

9.029.705

25%

7.251.801

14%

6.384.101

 

Tangible Assets

21.765.386

-9%

23.922.975

2%

23.479.245

8%

21.751.941

 

Other Fixed Assets

43.106

0%

43.106

-4%

44.707

5%

42.754

 

Total Fixed Assets

33.426.896

1%

32.995.786

7%

30.775.753

9%

28.178.796

 

Current Assets

 

Inventories

91.900.187

-1%

92.778.463

-6%

98.193.590

-1%

99.175.928

 

Trade Receivables

31.073.600

-20%

38.793.534

-2%

39.407.634

8%

36.515.345

 

Other Receivables

7.897.034

-1%

7.988.881

33%

6.002.781

-30%

8.636.120

 

Cash & Bank Balances

1.750.932

-38%

2.831.559

11%

2.541.067

50%

1.694.749

 

Other Current Assets

0

-

0

-

0

-

0

 

Total Current Assets

132.621.753

-7%

142.392.437

-3%

146.145.072

0%

146.022.142

 

Total Assets

166.048.649

-5%

175.388.223

-1%

176.920.825

2%

174.200.938

Equity and Liabilities (€)

 

EQUITY

 

Share Capital

17.091.967

0%

17.091.967

0%

17.091.967

0%

17.091.967

 

Share Premium Reserve

14.649.081

0%

14.649.081

0%

14.649.081

0%

14.649.081

 

Retained Earnings

-1.254.547

-

-769.318

-

-447.551

-

-2.579.634

 

Other Reserves

6.727.517

0%

6.727.517

0%

6.727.517

0%

6.727.517

 

Total Equity

37.214.018

-1%

37.699.247

-1%

38.021.014

6%

35.888.931

 

LONG TERM LIABILITIES

 

Long Term Liabilities to Financial Institutions

0

-

0

-

0

-

0

 

Other Long Term Liabilities Finance

15.553.125

-18%

19.009.375

-15%

22.465.625

-13%

25.921.875

 

Other Long Term Liabilities

1.860.186

53%

1.219.688

65%

740.000

-71%

2.570.000

 

Total Long Term Debts

17.413.311

-14%

20.229.063

-13%

23.205.625

-19%

28.491.875

 

CURRENT LIABILITIES

 

Trade Payables

28.487.844

12%

25.371.286

-38%

40.635.025

4%

39.096.709

 

Liabilities to Financial Institutions

0

-

0

-

0

-

0

 

Other Short Term Financial Loans

3.456.250

0%

3.456.250

0%

3.456.250

100%

1.728.125

 

Other Short Term Liabilities

79.477.226

-10%

88.632.377

24%

71.602.911

4%

68.995.298

 

Total Current Liabilities

111.421.320

-5%

117.459.913

2%

115.694.186

5%

109.820.132

 

Total Liabilities

128.834.631

-6%

137.688.976

-1%

138.899.811

0%

138.312.007

 

Total Equity & Liabilities

166.048.649

-5%

175.388.223

-1%

176.920.825

2%

174.200.938

 

Other Financials (€)

 

Working Capital

21.200.433

-15%

24.932.524

-18%

30.450.886

-16%

36.202.010

 

Net Worth

25.595.614

-11%

28.669.542

-7%

30.769.213

4%

29.504.830

 

Key Ratios

 

 

31.12.2013

 

31.12.2012

 

31.12.2011

 

31.12.2010

 

Number of weeks

52

 

52

 

52

 

52

 

Consolidated Accounts

no

 

no

 

no

 

no

 

PROFITABILITY

 

Net Margin %

-12,5%

 

-5,2%

 

-3,0%

 

1,6%

 

Operating Profit/Loss %

-12,6%

 

-5,3%

 

-2,9%

 

1,5%

 

Pre-Tax Profit Margin %

-0,1%

 

-0,1%

 

0,5%

 

-0,5%

 

TRADING PERFORMANCE

 

Return on Net Assets Employed %

-1,3%

 

-0,9%

 

5,6%

 

-6,8%

 

Return on Total Capital %

-28,2%

 

-12,6%

 

-6,5%

 

5,5%

 

Interest Coverage Ratio (times)

-33

 

-12

 

-5

 

5

 

Return on Capital Employed %

-0,9%

 

-0,6%

 

3,5%

 

-3,8%

 

Return on Total Assets Employed %

-0,3%

 

-0,2%

 

1,2%

 

-1,4%

 

Interest on Debt %

1,1%

 

1,4%

 

1,8%

 

1,3%

 

Risk Buffer %

-29,3%

 

-14,0%

 

-8,2%

 

4,3%

 

SHORT TERM LIQUIDITY

 

Liquidity Ratio/Acid Test

0

 

0

 

0

 

0

 

Current Ratio %

119,0%

 

121,0%

 

126,0%

 

133,0%

 

Debtor Days

29

 

30

 

31

 

27

 

Working capital

21.200.433

 

24.932.524

 

30.450.886

 

36.202.010

 

LONG TERM LIQUIDITY

 

Equity Ratio %

22,4%

 

21,5%

 

21,5%

 

20,6%

 

Gearing %

46,8%

 

53,7%

 

61,0%

 

79,4%

 

Current Debt Ratio

3

 

3

 

3

 

3

 

Total Debt Ratio

3

 

4

 

4

 

4

 

Relative debt %

33,3%

 

29,7%

 

29,5%

 

27,6%

 

BUSINESS MEASURES

 

Change in turnover %

-16,6%

 

-1,3%

 

-6,0%

 

-

 

Turnover/employees

243389

 

260054

 

250657

 

258839

 

Sales/Net Working Capital

18

 

19

 

15

 

14

 

Stock Turnover Ratio %

23,7%

 

20,0%

 

20,9%

 

19,8%

 

Creditor Days

27

 

20

 

32

 

28

 

Equity in Percentage %

24,1%

 

22,7%

 

22,4%

 

21,4%

 

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION

 

Registrations in Force

 

State

Registration Date

Tax Administration

Registered

20.12.1984

Trade Register

Registered

31.12.1984

Employer Register

Registered

01.01.1985

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

22.11.1999

Merger

Anttila-arava Oy   merged into   Anttila Oy

22.11.1999

Merger

Oy Ferin Ab   merged into   Anttila Oy

30.08.1996

Merger

02015556   merged into   Anttila Oy

30.08.1996

Merger

01132777   merged into   Anttila Oy

28.12.1994

Merger

01577354   merged into   Anttila Oy

28.12.1994

Merger

01577514   merged into   Anttila Oy

08.09.1993

Merger

03471043   merged into   Anttila Oy

 

 

NOTES & COMMENTS

 

Na

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.60.15

UK Pound

1

Rs.101.92

Euro

1

Rs.80.64

 

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

Report Prepared by :

NIS

 

               

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.