|
Report Date : |
18.11.2014 |
IDENTIFICATION DETAILS
|
Name : |
STENA METAL INTERNATIONAL AB |
|
|
|
|
Registered Office : |
Box
4088, 40040 Goteborg |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
21.06.2007 |
|
|
|
|
Com. Reg. No.: |
5567322895 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of Metal Waste and Scrap |
|
|
|
|
No of Employees : |
32 |
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 – 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 |
Company Summary
|
|
|
|
|
|
Business Name |
Stena Metal International
AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5567322895 |
|
Main Activity |
Wholesale of metal waste
and scrap |
|
Activity Code |
46772 |
|
Company Status |
Active |
|
Latest Turnover Figure |
6.476.640.000 |
|
Latest Shareholder Equity Figure |
5.000.000 |
|
|
|
Company Information
|
|
|
|
|
|
Basic Information |
|
|
Business Name |
Stena Metal International
AB |
|
Registered Company Name |
Stena Metal International
AB |
|
Company Registration Number |
5567322895 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556732289501 |
|
Date of Company Registration |
21/06/2007 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active |
|
Currency of this Report |
SEK |
|
Principal Activity Description |
The company will trade its
jam, steel, metals, scrap metal, paper and atervinningsprodukter, spanking
and fbrvalta valuable securities and thus fbrenlig business. |
|
Contact Address |
Box 4088, 40040 GOTEBORG |
|
Contact Telephone Number |
010-4458000 |
|
|
|
|
Activities |
|
|
Activity Code |
Activity Description |
|
46772 |
Wholesale of metal waste
and scrap |
|
46773 |
Wholesale of non-metal
waste and scrap |
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 |
6.476.640.000 |
7.962.492.000 |
6.385.261.000 |
|
Operating Costs |
6.410.435.000 |
7.890.881.000 |
6.329.251.000 |
|
Operating Profit |
66.205.000 |
71.611.000 |
56.010.000 |
|
Wages & Salaries |
|||
|
Depreciation |
|||
|
Financial Income |
296.000 |
1.070.000 |
129.000 |
|
Financial Expenses |
-26.898.000 |
-42.405.000 |
-28.024.000 |
|
Extraordinary Income |
|||
|
Extraordinary Costs |
-26.898.000 |
-42.405.000 |
-28.024.000 |
|
Profit before Tax |
39.603.000 |
30.276.000 |
28.115.000 |
|
Tax |
-10.713.000 |
-8.543.000 |
-7.611.000 |
|
Profit after Tax |
28.890.000 |
21.733.000 |
20.504.000 |
|
Minority Interests |
|||
|
Other Appropriations |
|||
|
Retained Profit |
28.890.000 |
21.733.000 |
20.504.000 |
|
|
|||
|
|
|||
|
Balance Sheet |
|||
|
Financial Year |
2013 |
2012 |
2011 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
N |
N |
N |
|
Land & Buildings |
0 |
0 |
0 |
|
Plant & Machinery |
0 |
0 |
0 |
|
Other Tangible Assets |
106.000 |
230.000 |
185.000 |
|
Total Tangible Assets |
106.000 |
230.000 |
185.000 |
|
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 |
1.051.000 |
596.000 |
8.000 |
|
Total Other Fixed Assets |
1.051.000 |
596.000 |
8.000 |
|
TOTAL FIXED ASSETS |
1.157.000 |
826.000 |
193.000 |
|
Work In Progress |
0 |
0 |
0 |
|
Other Inventories |
81.509.000 |
97.373.000 |
154.482.000 |
|
Total Inventories |
81.509.000 |
97.373.000 |
154.482.000 |
|
Trade Receivables |
385.032.000 |
493.694.000 |
524.248.000 |
|
Group Receivables |
1.000 |
2.440.000 |
11.100.000 |
|
Miscellaneous Receivables |
87.877.000 |
134.987.000 |
238.495.000 |
|
Total Receivables |
472.910.000 |
631.121.000 |
773.843.000 |
|
Cash |
0 |
0 |
0 |
|
Other Current Assets |
0 |
0 |
0 |
|
TOTAL CURRENT ASSETS |
554.419.000 |
728.494.000 |
928.325.000 |
|
TOTAL ASSETS |
555.576.000 |
729.320.000 |
928.518.000 |
|
Trade Payables |
5.491.000 |
3.033.000 |
9.039.000 |
|
Bank Liabilities |
0 |
0 |
0 |
|
Group Payables |
523.373.000 |
680.728.000 |
891.696.000 |
|
Miscellaneous Liabilities |
20.416.000 |
39.791.000 |
23.613.000 |
|
TOTAL CURRENT LIABILITIES |
549.280.000 |
723.552.000 |
924.348.000 |
|
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 |
1.296.000 |
731.000 |
0 |
|
TOTAL LONG TERM LIABILITIES |
1.296.000 |
731.000 |
0 |
|
TOTAL LIABILITIES |
550.576.000 |
724.283.000 |
924.348.000 |
|
Called Up Share Capital |
5.000.000 |
5.000.000 |
5.000.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
28.927.000 |
37.000 |
-830.000 |
|
Other Reserves |
-28.927.000 |
0 |
0 |
|
TOTAL SHAREHOLDERS EQUITY |
5.000.000 |
5.037.000 |
4.170.000 |
|
Other Financials |
|||
|
Contingent Liabilities |
1.650.000 |
1.650.000 |
1.650.000 |
|
Working Capital |
5.139.000 |
4.942.000 |
3.977.000 |
|
Net Worth |
5.000.000 |
5.037.000 |
4.170.000 |
|
|
|||
|
|
|||
|
Ratios |
|||
|
Pre-Tax Profit Margin |
0.61 % |
0.38% |
0.44% |
|
Return On Capital Employed |
3.58% |
2.08 % |
1.52% |
|
Return On Total Assets Employed |
7.13 % |
4.15% |
3.03 % |
|
Return On Net Assets Employed |
792.06 % |
601.07% |
674.22 % |
|
Sales/Net Working Capital |
1260.29 |
1611.19 |
1605.55 |
|
Stock Turnover Ratio |
1.26% |
1.22% |
2.42 % |
|
Debtor Days |
21.70 |
22.63 |
29.97 |
|
Creditor Days |
0.31 |
0.14 |
0.52 |
|
Current Ratio |
1.01 |
1.01 |
1.00 |
|
Liquidity Ratio/Acid Test |
0.86 |
0.87 |
0.84 |
|
Current Debt Ratio |
109.86 |
143.65 |
221.67 |
|
Gearing |
|||
|
Equity In Percentage |
0.90 % |
0.69 % |
0.45 % |
|
Total Debt Ratio |
110.12 |
143.79 |
221.67 |
CONTACT
INFORMATION
Main Address
Address Country Telephone
Box 4088, 40040 Goteborg Sweden 010-4458000
Other Address
Address
No other addresses for this company.
Email Addresses
No information for this company.
Share Capital Structure
Issued Shared Capital 5.000.000
|
Directors/Managers |
|||
|
Current
Directors |
|||
|
Name |
Appointment Date |
Position |
|
|
Leif Stefan Emanuel
Gustafsson Sven Thomas Andersson Carl Anders Jonas Hbglund |
04/10/2012
04/09/2009 27/01/2012 |
Chairman of Board Actual Member of Board Actual
Member of Board |
|
|
|
|||
|
Previous
Directors |
|||
|
Name |
Appointment Date |
Position |
Resignation Date |
|
John Peter Lindqvist |
27/01/2012 |
Chairman of Board |
|
|
Aass, Fredrik Eide |
23/08/2010 |
Actual Member of Board |
|
|
Petersen, Lars Herman |
22/12/2010 |
Chairman of Board |
|
|
Hans Gustaf Lorentz Rondahl |
23/08/2010 |
Actual Member of Board |
|
|
Fredrik Lars Valentin |
23/08/2010 |
Actual Member of Board |
|
|
Airas, Risto Juhani |
23/08/2010 |
Actual Member of Board |
|
|
Sten Torbjbrn Hedberg |
04/09/2009 |
Actual Member of Board |
|
|
Erik Anders Jansson |
07/09/2007 |
Actual Member of Board |
|
GROUP STRUCTURE
|
Company Name |
Country
Number |
Latest
Annual Accounts |
|
|
Stena Metall Aktiebolag |
SE |
5561388371 |
31/08/2013 |
|
AB Stena Metall Finans (publ) |
SE |
5560082561 |
31/08/2013 |
|
Stena Met Insurance Ag |
DE |
|
|
|
Stena Metall Holding Malta Ltd |
MT |
|
|
|
Stena Resurs 4 AB |
SE |
5567322911 |
31/08/2013 |
|
AdactumAB |
SE |
5566288246 |
31/08/2013 |
|
Fbrmasten Aktiebolag |
SE |
5563081396 |
31/08/2013 |
|
Ooo Stena Trading |
RU |
|
|
|
Stena Aluminium AB |
SE |
5560393075 |
31/08/2013 |
|
Stena Fragmentering AB |
SE |
5560125691 |
31/08/2013 |
|
DannholmenAB |
SE |
5568672918 |
31/08/2013 |
|
Glumsten AB |
SE |
5568673007 |
31/08/2013 |
|
RossholmenAB |
SE |
5565548269 |
31/08/2013 |
|
Landgrund
AB |
SE |
5568672991 |
31/08/2013 |
|
SMG Glava AB |
SE |
5566102231 |
31/08/2013 |
|
Stena Metall A/S |
DK |
|
|
|
Stena Sp.Z.0.0 |
PL |
|
|
|
Stena Recycling As |
NO |
983594506 |
31/08/2013 |
|
Stena Metall Inc |
US |
|
|
|
Stena Metalli Oy |
Fl |
|
|
|
Stena Miljbteknik Aktiebolag |
SE |
5561390922 |
31/08/2013 |
|
Stena Oil Aktiebolag |
SE |
5562360288 |
31/08/2013 |
|
Stena Recycling AB |
SE |
5561321752 |
31/08/2013 |
|
Aktiebolaget Skandinaviska Oljecentralen |
SE |
5561982744 |
31/08/2012 |
|
BilRetur ABC AB |
SE |
5568147457 |
31/08/2013 |
|
Goran Astrbms Akeri Aktiebolag |
SE |
5561396119 |
31/08/2012 |
|
Kretsloppsparken Kristianstad AB |
SE |
5565302816 |
31/08/2012 |
|
Stena Regalia Aktiebolag |
SE |
5562360841 |
31/08/2013 |
|
Wockatz
Co i Gbteborg Aktiebolag |
SE |
5561553974 |
31/08/2013 |
|
Stena Resurs 1 AB |
SE |
5567322887 |
31/08/2013 |
|
Stena Metal International AB |
SE |
5567322895 |
31/08/2013 |
|
Stena Metal Asia Ltd |
HK |
|
|
|
Stena Recycling International Aktiebolag |
SE |
5567322903 |
31/08/2013 |
|
Stena Stal Aktiebolag |
SE |
5560775925 |
31/08/2013 |
|
Stena Stal Molkom AB |
SE |
5560650359 |
31/08/2013 |
|
Stena Stal Moss As |
NO |
971198575 |
31/08/2013 |
|
Stena Stal Nybro AB |
SE |
5561794628 |
31/08/2013 |
|
Stena Stal Oskarshamn AB |
SE |
5563481455 |
31/08/2012 |
|
Stena Stal Storfors Aktiebolag |
SE |
5563968295 |
31/08/2013 |
|
Sbderberg
& Bjbrk Aktiebolag |
SE |
5563942662 |
31/08/2012 |
|
Stena Technoworld Aktiebolag |
SE |
5564432184 |
31/08/2013 |
|
Stena Metall Holding GmbH |
DE |
HRB131551 |
31/08/2009 |
|
Stena Nera AB |
SE |
5567195465 |
31/08/2013 |
|
Stena
Technoworld Asia Pacific Co Ltd |
HK |
|
|
|
Stena
Technoworld Gmbh |
AT |
|
|
|
Stena Techworlds.R.L |
IT |
|
|
OTHER INFORMATION
|
Employee Information |
|
|
Year |
Number
of Employees |
|
2013 |
32 |
|
2012 |
33 |
|
2011 |
28 |
|
2010 |
0 |
|
2009 |
0 |
ADVISORS
Auditor Name Carl Johan Rippe
|
Additional
Information |
|||
|
|
|||
|
Tax Registrations |
|
|
|
|
Registered for F Tax |
|
Yes |
|
|
Registered for VAT |
|
Yes |
|
|
Registered for Employee Tax |
|
Yes |
|
|
|
|||
|
Certificates |
|||
|
Type |
Category |
Issuer |
|
|
No certificate information for this company. |
|||
|
|
|||
|
Industry Comparison |
|
|
|
|
Activity Code |
|
46772 |
|
|
Activity Description |
|
Wholesale of metal waste
and scrap |
|
EVENT HISTORY
|
19/08/2014 |
Group Structure Change |
|
22/04/2014 |
Group Structure Change |
|
08/04/2014 |
Group Structure Change |
|
03/04/2014 |
Group Structure Change |
|
25/03/2014 |
Group Structure Change |
|
24/03/2014 |
Group Structure Change |
|
20/03/2014 |
Group Structure Change |
|
06/03/2014 |
Group Structure Change |
|
05/03/2014 |
Group Structure Change |
|
04/03/2014 |
Annual account, new |
|
04/03/2014 |
Group annual account, new |
|
27/02/2014 |
Annual report (PDF), new |
|
25/02/2014 |
Group Structure Change |
|
19/02/2014 |
Group Structure Change |
|
14/02/2014 |
Group Structure Change |
|
31/01/2014 |
Group Structure Change |
|
29/01/2014 |
Group Structure Change |
|
07/01/2014 |
Group Structure Change |
|
31/12/2013 |
Group Structure Change |
|
30/12/2013 |
Group Structure Change |
|
19/12/2013 |
Group Structure Change |
|
18/12/2013 |
Group Structure Change |
|
23/07/2013 |
Company representatives,
changed |
|
23/07/2013 |
Authorized signatories
amended or new/amended vacancy text |
|
20/03/2013 |
Authorized signatories
amended or new/amended vacancy text |
|
20/03/2013 |
Company representatives,
changed |
|
19/03/2013 |
Company representatives,
changed |
|
16/01/2013 |
Group annual account, new |
|
16/01/2013 |
Limit, increase |
|
16/01/2013 |
Annual account, new |
|
10/01/2013 |
Annual report (PDF), new |
|
05/10/2012 |
Company representatives,
changed |
|
05/10/2012 |
Authorised signatories
amended or new/amended vacancy text |
|
28/01/2012 |
Company representatives,
changed |
|
28/01/2012 |
Authorized signatories
amended or new/amended vacancy text |
|
28/01/2012 |
Board, changed |
|
20/01/2012 |
Annual account, new |
|
20/01/2012 |
Limit, increase |
|
05/01/2012 |
Annual report (PDF), new |
|
01/03/2011 |
Annual account, new |
|
01/03/2011 |
Status, changed |
|
21/02/2011 |
Annual report (PDF), new |
|
07/02/2011 |
Certificate, registered |
|
23/12/2010 |
Company representatives,
changed |
|
23/12/2010 |
Board, changed |
|
23/12/2010 |
Authorized signatories
amended or new/amended vacancy text |
|
28/09/2010 |
Employment tax, changed |
|
24/08/2010 |
Board, changed |
|
24/08/2010 |
Authorized signatory,
changed |
|
24/08/2010 |
Company representatives,
changed |
|
03/06/2010 |
VAT, changed |
|
22/05/2010 |
Company tax, changed |
|
15/12/2009 |
Annual account, new |
|
09/12/2009 |
Annual report (PDF), new |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.68 |
|
|
1 |
Rs.96.94 |
|
Euro |
1 |
Rs.77.36 |
INFORMATION DETAILS
|
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.