|
Report Date : |
13.11.2014 |
IDENTIFICATION DETAILS
|
Name : |
HOLMEN PAPER AKTIEBOLAG |
|
|
|
|
Registered Office : |
60188
Norrkoping |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
18.07.1904 |
|
|
|
|
Com. Reg. No.: |
5560056383 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
The
Company shall operate forestry, manufacturing and selling wood products,
pulp, paper and products thereof, and chemical products as well as pursue
related business. |
|
|
|
|
No of Employees : |
Not Available |
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 : |
Unknown |
|
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) |
|
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 |
|
Business
Name |
HOLMEN PAPER AKTIEBOLAG |
|
Country |
SWEDEN |
|
Company
Registration Number |
5560056383 |
|
Main
Activity |
Manufacture of other printing paper |
|
Activity
Code |
17122 |
|
Company
Status |
Active |
|
Latest
Turnover Figure - |
|
|
Latest
Shareholder Equity Figure |
120.000 |
|
|
|
|
COMPANY
INFORMATION |
|
|
|
|
|
Basic
Information |
|
|
Business
Name |
Holmen Paper Aktiebolag |
|
Registered
Company Name |
Holmen Paper Aktiebolag |
|
Company
Registration Number |
5560056383 |
|
Country |
SWEDEN |
|
VAT
Registration Number |
Via VAT group |
|
Date
of Company Registration |
18/07/1904 |
|
Legal
Form |
Limited liability company |
|
Company
Status |
Active |
|
Currency
of this Report |
SEK |
|
Principal
Activity Description |
The
Company shall operate forestry, manufacturing and selling wood products,
pulp, paper and products thereof, and chemical products as well as pursue
related business. |
|
Contact
Address |
60188 Norrkoping |
|
Contact
Telephone Number |
011-235000 |
|
|
|
|
Activities |
|
|
Activity Code |
Activity Description |
|
17122 |
Manufacture of other printing paper |
|
17121 |
Manufacture of newsprint |
|
35110 |
Production of electricity |
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
- - - |
|||
|
Operating Costs |
|
|
|
|
Operating Profit
- - - |
|||
|
Wages & Salaries |
|
|
|
|
Depreciation
- - - |
|||
|
Financial Income |
|
|
|
|
Financial Expenses
- - - |
|||
|
Extraordinary Income |
|
|
|
|
Extraordinary Costs - - - |
|||
|
Profit before Tax |
|
|
|
|
Tax
- - - |
|||
|
Profit after Tax |
|
|
|
|
Minority Interests
- - - |
|||
|
Other Appropriations |
|
|
|
|
Retained Profit
-
- - |
|||
|
|
|||
|
BALANCE
SHEET |
|||
|
Financial
Year |
2013 |
2012 |
2011 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
N |
N |
N |
|
Land & Buildings |
0 |
0 |
0 |
|
Plant & Machinery |
0 |
0 |
0 |
|
Other Tangible Assets |
0 |
0 |
0 |
|
Total Tangible Assets |
0 |
0 |
0 |
|
Goodwill |
0 |
0 |
0 |
|
Other Intangible Assets |
0 |
0 |
0 |
|
Total Intangible Assets |
0 |
0 |
0 |
|
Loans To Group |
120.000 |
120.000 |
120.000 |
|
Other Loans |
0 |
0 |
0 |
|
Miscellaneous Fixed Assets |
0 |
0 |
0 |
|
Total Other Fixed Assets |
120.000 |
120.000 |
120.000 |
|
TOTAL FIXED ASSETS |
120.000 |
120.000 |
120.000 |
|
Work In Progress |
0 |
0 |
0 |
|
Other Inventories |
0 |
0 |
0 |
|
Total Inventories |
0 |
0 |
0 |
|
Trade Receivables |
0 |
0 |
0 |
|
Group Receivables |
0 |
0 |
0 |
|
Miscellaneous Receivables |
0 |
0 |
0 |
|
Total Receivables |
0 |
0 |
0 |
|
Cash |
0 |
0 |
0 |
|
Other Current Assets |
0 |
0 |
0 |
|
TOTAL CURRENT ASSETS |
0 |
0 |
0 |
|
TOTAL ASSETS |
120.000 |
120.000 |
120.000 |
|
Trade Payables |
0 |
0 |
0 |
|
Bank Liabilities |
0 |
0 |
0 |
|
Group Payables |
0 |
0 |
0 |
|
Miscellaneous Liabilities |
0 |
0 |
0 |
|
TOTAL CURRENT LIABILITIES |
0 |
0 |
0 |
|
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 |
0 |
0 |
0 |
|
TOTAL
LONG TERM LIABILITIES |
0 |
0 |
0 |
|
TOTAL LIABILITIES |
0 |
0 |
0 |
|
Called Up Share Capital |
100.000 |
100.000 |
100.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
0 |
0 |
0 |
|
Other Reserves |
20.000 |
20.000 |
20.000 |
|
TOTAL SHAREHOLDERS EQUITY |
120.000 |
120.000 |
120.000 |
|
|
|||
|
Other Financials |
|||
|
Contingent Liabilities |
0 |
0 |
0 |
|
Working Capital |
0 |
0 |
0 |
|
Net Worth |
120.000 |
120.000 |
120.000 |
RATIOS
Pre-Tax Profit Margin
Return On Capital Employed
Return On Total Assets Employed
Return On Net Assets Employed
Sales/Net Working Capital
Stock Turnover Ratio
Debtor Days
Creditor Days
Current Ratio
Liquidity Ratio/Acid Test
Current Debt Ratio 0.00 0.00 0.00
Gearing
Equity In Percentage
Total Debt Ratio 0.00 0.00 0.00
CONTACT INFORMATION
|
Main
Address |
||
|
Address |
Country |
Telephone |
|
60188 NORRKOPING |
SWEDEN |
011-235000 |
|
|
||
|
Other
Address |
||
|
Address |
Country |
|
|
Tulkavagen PAPPERSBRUKET, 76334 |
SWEDEN |
|
|
Ostra Bravikenvagen 20, 61690 |
SWEDEN |
|
|
Ostra Bravikenvagen 20, 61690 |
SWEDEN |
|
Email
Addresses
Web
Pages
No information for this company.
Share Capital Structure
Issued Share Capital 100.000
Directors/Managers
Current Directors
|
Name |
Appointment
Date |
Position |
|
Per Henrik Sjolund |
13/05/2014 |
Chairman of Board |
|
Nils Ringborg |
13/05/2014 |
Actual Member of Board |
|
Kjell Anders Jernhall |
11/08/2010 |
Actual Member of Board |
|
Olof Staffan Jonsson |
20/06/2013 |
Actual Member of Board |
|
Lars Gunnar Ericson |
28/04/2005 |
Substitute |
|
PREVIOUS
DIRECTORS |
|||
|
Name |
Appointment
Date |
Position |
Resignation
Date |
|
Claes Magnus Hall |
14/05/2004 |
Chairman of Board |
|
|
Per Henrik Sjolund |
11/10/2011 |
Managing Director |
|
|
Sven Arne Wird |
04/12/2000 |
Actual Member of Board |
|
|
Arne Gustav Wallin |
14/05/2004 |
Actual Member of Board |
|
|
Anders Olov Almgren |
05/06/2001 |
Actual Member of Board |
|
Group Structure
|
Extended
Group Structure |
|||||
|
Company
Name |
Country |
Number |
Latest
Annual Accounts |
|
|
|
L
E Lundberqfbretaqen Aktiebolaq (publ) |
SE |
5560568817 |
31/12/2013 |
|
|
|
Fastiqhets AB L E Lundberq |
SE |
5560490483 |
31/12/2013 |
|
|
|
Bvqqnads Aktiebolaqet L E Lundberq |
SE |
5561892711 |
31/12/2013 |
|
|
|
Bvwnadsaktiebolaqet Dalkarlen |
SE |
5563295251 |
31/12/2013 |
|
|
|
FastiQhetsaktiebolaQet Strbmstaden |
SE |
5560517202 |
31/12/2013 |
|
|
|
L E Lundberq Nordic Aktiebolaq |
SE |
5562746841 |
31/12/2013 |
|
|
|
Sarcina VII AB |
SE |
5568958440 |
31/12/2013 |
|
|
|
Sarcina VI AB |
SE |
5568958432 |
31/12/2013 |
|
|
|
Sarcina V AB |
SE |
5568958416 |
31/12/2013 |
|
|
|
Sarcina
IV AB |
SE |
5568958390 |
31/12/2013 |
|
|
|
Exillum
Quinque AB |
SE |
5566873906 |
31/12/2013 |
|
|
|
Exillum Septem AB |
SE |
5566870423 |
31/12/2013 |
|
|
|
L E Lundberq Parkerinqs AB |
SE |
5566062781 |
31/12/2013 |
|
|
|
Vexillum Alf AB |
SE |
5566684584 |
31/12/2013 |
|
|
|
Vexillum FK AB |
SE |
5566675962 |
31/12/2013 |
|
|
|
Imperia
Overstelbjtnanten 10 AB |
SE |
5566675913 |
31/12/2013 |
|
|
|
Spiralen
AB |
SE |
5561273706 |
31/12/2013 |
|
|
|
Holmenbvssarna Dalkarlen KommanditbolaQ |
SE |
9166931783 |
|
|
|
|
LE Lundbers Kapitalfbrvaltnins AB |
SE |
5561882290 |
31/12/2013 |
|
|
|
Hufvudstaden AB |
SE |
5560128240 |
31/12/2013 |
|
|
|
Fastiqhets
AB Hufvudstaden |
SE |
5560144411 |
31/12/2013 |
|
|
|
Huvudstaden
Fastiqhetsfbrvaltninq AB |
SE |
5565567038 |
31/12/2013 |
|
|
|
Inom
Vallqraven Fastiqhets AB |
SE |
5567225643 |
31/12/2013 |
|
|
|
Fastighets AB Kakenhusen |
SE |
5568343460 |
31/12/2013 |
|
|
|
Parkaden Aktiebolas |
SE |
5560853599 |
31/12/2013 |
|
|
|
AB Nordiska Kompaniet |
SE |
5560086281 |
31/12/2013 |
|
|
|
Aktiebolaqet
Hamnqatsqaraqet |
SE |
5560686601 |
31/12/2013 |
|
|
|
Fastiqhetsaktiebolaqet
Medusa |
SE |
5560187238 |
31/12/2013 |
|
|
|
AB
Citypalatset |
SE |
5560347246 |
31/12/2013 |
|
|
|
Holmen Aktiebolas |
SE |
5560013301 |
31/12/2013 |
|
|
|
Holmen Paper Aktiebolaq |
SE |
5560056383 |
31/12/2013 |
|
|
|
Holmen Enerqi Elnat Aktiebolaq |
SE |
5568783905 |
31/12/2013 |
|
|
|
ULi
Stavro Vind Aktiebolaq |
SE |
5569536153 |
31/12/2013 |
|
|
|
|
|||||
|
OTHER
INFORMATION |
|||||
|
|
|||||
|
Employee
Information |
|||||
|
|
Number
of Employees |
||||
|
2013 |
0 |
||||
|
2012 |
0 |
|
|
|
|
|
2011 |
0 |
||||
|
2010 |
0 |
|
|
|
|
|
2009 |
0 |
||||
|
|
|||||
|
Advisors |
|||||
|
Auditor
Name |
KPMG AB |
||||
ADDITIONAL INFORMATION
Tax
Registrations
Registered
for F Tax Yes
Registered
for VAT Yes
Registered
for Employee Tax Yes
CERTIFICATION
Type Category
Issuer
No certificate information for this company.
INDUSTRY
COMPARISON
Activity Code 17122
Activity Description Manufacture of other printing paper
|
Event
History |
|
|
Event Date |
Event Description |
|
08/10/2014 |
Certificate, registered |
|
29/08/2014 |
Group Structure Change |
|
14/06/2014 |
Authorised signatories amended or new/amended vacancy text |
|
14/06/2014 |
Company representatives, changed |
|
12/06/2014 |
Group Structure Change |
|
11/06/2014 |
Group Structure Change |
|
09/06/2014 |
Group Structure Change |
|
04/06/2014 |
Group Structure Change |
|
03/06/2014 |
Group Structure Change |
|
03/06/2014 |
Annual account, new |
|
03/06/2014 |
Status, changed |
|
28/05/2014 |
Annual report (PDF), new |
|
21/05/2014 |
Group Structure Change |
|
14/05/2014 |
Authorised signatories amended or new/amended vacancy text |
|
14/05/2014 |
Company representatives, changed |
|
12/05/2014 |
Group Structure Change |
|
09/05/2014 |
Group Structure Change |
|
07/05/2014 |
Group Structure Change |
|
06/05/2014 |
Group Structure Change |
|
24/09/2013 |
Annual account, new |
|
10/09/2013 |
Group Structure Change |
|
09/09/2013 |
Group Structure Change |
|
29/08/2013 |
Group Structure Change |
|
29/08/2013 |
Annual report (PDF), new |
|
06/08/2013 |
Certificate, deregistered |
|
24/07/2013 |
Group Structure Change |
|
22/07/2013 |
Group Structure Change |
|
17/07/2013 |
Group Structure Change |
|
01/07/2013 |
Group Structure Change |
|
28/06/2013 |
Group Structure Change |
|
27/06/2013 |
Group Structure Change |
|
24/06/2013 |
Group Structure Change |
|
21/06/2013 |
Company representatives, changed |
|
21/06/2013 |
Group Structure Change |
|
21/06/2013 |
Authorised signatories amended or new/amended vacancy text |
|
20/06/2013 |
Group Structure Change |
|
19/06/2013 |
Group Structure Change |
|
16/10/2012 |
Fax number, changed |
|
11/08/2012 |
Authorised signatories amended or new/amended vacancy text |
|
11/08/2012 |
Company representatives, changed |
|
11/08/2012 |
Board, changed |
|
10/08/2012 |
Annual account, new |
|
05/07/2012 |
Annual report (PDF), new |
|
08/05/2012 |
Certificate, deregistered |
|
08/05/2012 |
Certificate, registered |
|
12/10/2011 |
Board, changed |
|
12/10/2011 |
Authorised signatories amended or new/amended vacancy text |
|
12/10/2011 |
Company representatives, changed |
|
23/05/2011 |
Annual account, new |
|
17/05/2011 |
Annual report (PDF), new |
|
29/03/2011 |
Fax number, new |
|
29/03/2011 |
Phone number, new |
|
19/03/2011 |
Fax number, removed |
|
19/03/2011 |
Phone number, removed |
|
07/02/2011 |
Certificate, registered |
|
10/12/2010 |
Board, changed |
|
10/12/2010 |
Company representatives, changed |
|
10/12/2010 |
Authorised signatories amended or new/amended vacancy text |
|
12/08/2010 |
Authorised signatory, changed |
|
12/08/2010 |
Board, changed |
|
12/08/2010 |
Company representatives, changed |
|
16/07/2010 |
Annual account, new |
|
05/07/2010 |
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 |
2 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.48 |
|
|
1 |
Rs.97.92 |
|
Euro |
1 |
Rs.76.79 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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.