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Report Date : |
20.11.2014 |
IDENTIFICATION DETAILS
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Name : |
AKTIEBOLAGET BENZLERS |
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Registered Office : |
Porfyrgatan
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Country : |
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Financials (as on) : |
2013 |
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Date of Incorporation : |
31.03.1944 |
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Com. Reg. No.: |
5560436007 |
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Legal Form : |
Limited
Liability Company |
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Line of Business : |
·
Manufacture of bearings, gears, gearing and driving
elements ·
Manufacture of lifting and handling equipment · Renting and operating of own or leased industrial premises |
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|
|
No of Employees : |
86 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow but correct |
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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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Aided by peace and neutrality
for the whole of the 20th century,
|
Source
: CIA |
Company Summary
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Business
Name |
AKTIEBOLAGET BENZLERS |
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Country |
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Company
Registration Number |
5560436007 |
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Main
Activity |
Manufacture
of bearings, gears, gearing and driving elements |
|
Activity
Code |
28150 |
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Company
Status |
Active |
|
Latest
Turnover Figure |
167.110.000 |
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Latest
Shareholder Equity Figure |
39.057.000 |
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Company Information
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Basic Information |
|
|
Business
Name |
Aktiebolaget
Benzlers |
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Registered
Company Name |
Aktiebolaget
Benzlers |
|
Company
Registration Number |
5560436007 |
|
Country |
|
|
VAT
Registration Number |
SE556043600701 |
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Date of
Company Registration |
31/03/1944 |
|
Legal
Form |
Limited
liability company |
|
Company
Status |
Active |
|
Currency
of this Report |
SEK |
|
Principal
Activity Description |
The company will trade its transmission elements and thus
fbrenlig operations , as well as spanking and fbrvalta shares. |
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Contact Address |
Porfyrgatan
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Contact
Telephone Number |
042-186800 |
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Activities |
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|
Activity Code |
Activity Description |
|
28150 |
Manufacture
of bearings, gears, gearing and driving elements |
|
28220 |
Manufacture
of lifting and handling equipment |
|
68202 |
Renting
and operating of own or leased industrial premises |
Profit and Loss
|
|||
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Financial
Year |
2013 |
2012 |
2011 |
|
Number
of Weeks |
52 |
52 |
65 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
N |
N |
N |
|
Revenue |
168.275.000 |
170.691.000 |
212.186.000 |
|
Operating
Costs |
170.196.000 |
179.227.000 |
219.806.000 |
|
Operating
Profit |
-1.921.000 |
-8.536.000 |
-7.620.000 |
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Wages
& Salaries |
|||
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Depreciation |
|||
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Financial
Income |
2.600.000 |
1.309.000 |
4.711.000 |
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Financial
Expenses |
-2.682.000 |
-32.487.000 |
-2.431.000 |
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Extraordinary
Income |
|||
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Extraordinary
Costs |
-2.682.000 |
-32.487.000 |
-2.431.000 |
|
Profit
before Tax |
-997.000 |
-35.445.000 |
-1.474.000 |
|
Tax |
|||
|
Profit
after Tax |
-997.000 |
-35.445.000 |
-1.474.000 |
|
Minority
Interests |
|||
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Other
Appropriations |
|||
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Retained
Profit |
-997.000 |
-35.445.000 |
-1.474.000 |
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|||
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Balance Sheet
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|||
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Financial
Year |
2013 |
2012 |
2011 |
|
Number
of Weeks |
52 |
52 |
65 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
N |
N |
N |
|
Land
& Buildings |
28.566.000 |
30.000.000 |
3.325.000 |
|
Plant
& Machinery |
1.703.000 |
1.963.000 |
2.468.000 |
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Other
Tangible Assets |
1.758.000 |
2.106.000 |
2.784.000 |
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Total
Tangible Assets |
32.027.000 |
34.069.000 |
8.577.000 |
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Goodwill |
0 |
0 |
0 |
|
Other
Intangible Assets |
0 |
0 |
0 |
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Total
Intangible Assets |
0 |
0 |
0 |
|
Loans
To Group |
0 |
0 |
0 |
|
Other
Loans |
0 |
0 |
0 |
|
Miscellaneous
Fixed Assets |
13.844.000 |
13.844.000 |
13.809.000 |
|
Total
Other Fixed Assets |
13.844.000 |
13.844.000 |
13.809.000 |
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TOTAL
FIXED ASSETS |
45.871.000 |
47.913.000 |
22.386.000 |
|
Work
In Progress |
0 |
0 |
0 |
|
Other
Inventories |
29.548.000 |
42.288.000 |
40.992.000 |
|
Total
Inventories |
29.548.000 |
42.288.000 |
40.992.000 |
|
Trade
Receivables |
19.320.000 |
16.330.000 |
15.988.000 |
|
Group
Receivables |
18.340.000 |
10.161.000 |
37.254.000 |
|
Miscellaneous
Receivables |
10.053.000 |
10.870.000 |
10.802.000 |
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Total
Receivables |
47.713.000 |
37.361.000 |
64.044.000 |
|
Cash |
2.294.000 |
831.000 |
2.967.000 |
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Other
Current Assets |
0 |
0 |
0 |
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TOTAL
CURRENT ASSETS |
79.555.000 |
80.480.000 |
108.003.000 |
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TOTAL
ASSETS |
125.426.000 |
128.393.000 |
130.389.000 |
|
Trade
Payables |
13.462.000 |
14.972.000 |
12.097.000 |
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Bank
Liabilities |
0 |
0 |
0 |
|
Group
Payables |
6.752.000 |
6.582.000 |
12.356.000 |
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Miscellaneous
Liabilities |
19.896.000 |
16.734.000 |
15.903.000 |
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TOTAL
CURRENT LIABILITIES |
40.110.000 |
38.288.000 |
40.356.000 |
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Bank
Liabilities Due After 1 Year |
0 |
4.975.000 |
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 |
46.259.000 |
45.076.000 |
41.214.000 |
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TOTAL
LONG TERM LIABILITIES |
46.259.000 |
50.051.000 |
41.214.000 |
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Ratio
|
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Pre-Tax
Profit Margin |
-0.59% |
-20.77 % |
-0.69 % |
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Return
On Capital Employed |
-0.60 % |
-21.27% |
-0.86 % |
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Return
On Total Assets Employed |
-0.79 % |
-27.61 % |
-1.13 % |
|
Return
On Net Assets Employed |
-2.55 % |
-88.49 % |
-3.02% |
|
Sales/Net
Working Capital |
4.27 |
4.05 |
3.14 |
|
Stock
Turnover Ratio |
17.56% |
24.77 % |
19.32% |
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Debtor
Days |
41.91 |
34.92 |
27.50 |
|
Creditor
Days |
29.20 |
32.02 |
20.81 |
|
Current
Ratio |
1.98 |
2.10 |
2.68 |
|
Liquidity
Ratio/Acid Test |
1.25 |
1.00 |
1.66 |
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Current
Debt Ratio |
1.03 |
0.96 |
0.83 |
|
Gearing |
|
12.42% |
|
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Equity
In Percentage |
35.00 % |
34.97 % |
41.88% |
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Total
Debt Ratio |
2.21 |
2.21 |
1.67 |
Main Address
Address Country Telephone
Porfyrgatan 7 Box 922, 25468 HELSINGBORG SWEDEN 042-186800
Other Address
Address
Country
Singelvägen 2, 70236 SWEDEN
Email Addresses
No information for this company.
Web Pages
No information for this company.
Issued Share Capital 13.000.000
Current Directors
Name Appointment Date Position
Amin, Prashant Chandrakant 21/12/2010 Actual Member of Board
Rolf Håkan Nidsjö 29/05/2013 Managing Director
Chasmawalla Alias Shroff, Harish 29/05/2013 Actual Member of Board
Patel, Prayasvin Bhanubai 21/12/2010 Actual Member of Board
Previous Directors
Name Appointment Date Position Resignation Date
Cooper, Mark Ashley
16/01/2008 Actual Member of Board
Leif Lennart Veine Johansson 08/06/2009 Actual Member of Board
Rolf Håkan Nidsjö 03/12/2009 Chairman of Board
Morrell, Christopher 24/08/2007 Chairman of Board
Extended Group Structure
|
Company Name |
Country |
Number |
Latest Annual
Accounts |
|
Elecon
Transmission International Ltd |
IN |
|
|
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Benzlers Systems
AB |
SE |
5567230817 |
31/03/2013 |
|
Aktiebolaget
Benzlers |
SE |
5560436007 |
31/03/2013 |
|
Benzler
Antriebstechnik GmbH |
DE |
HRB 61122 |
31/03/2013 |
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Benzler Italia
Srl |
IT |
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Benzler
Transmission A/S |
DK |
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Benzler-Tba Bv |
NL |
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Oy Benzler Ab |
FI |
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Employee Information
Year Number of Employees
2013 86
2012 84
2011 86
2009 97
2008 107
Advisors
Auditor Name Deloitte AB
Tax Registrations
Registered for FTax Yes
Registered for VAT Yes
Registered for Employee Tax Yes
Certificates
Type Category Issuer
No certificate information for this company.
Industry Comparison
Activity Code 28150
Activity Description Manufacture of bearings, gears, gearing and driving elements
|
Event History |
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|
Event Date |
Event Description |
|
05/12/2013 |
Address,
changed |
|
19/11/2013 |
Group
Structure Change |
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18/11/2013 |
Group
annual accout, new |
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18/11/2013 |
Annual account,
new |
|
11/11/2013 |
Annual
report (PDF), new |
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30/05/2013 |
Company
representatives, changed |
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30/05/2013 |
Authorised
signatories amended or new/amended vacancy text |
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06/02/2013 |
Company
representatives, changed |
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06/02/2013 |
Authorised
signatories amended or new/amended vacancy text |
|
05/02/2013 |
Company
representatives, changed |
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05/02/2013 |
Authorised
signatories amended or new/amended vacancy text |
|
08/01/2013 |
Certificate,
registered |
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20/12/2012 |
Certificate,
deregistered |
|
21/11/2012 |
Annual
report (PDF), new |
|
21/11/2012 |
Annual
account, new |
|
21/11/2012 |
Group
annual accout, new |
|
08/11/2012 |
Annual
report (PDF), new |
|
21/11/2011 |
Annual
account, new |
|
21/11/2011 |
Group
annual accout, new |
|
17/11/2011 |
Annual
report (PDF), new |
|
29/03/2011 |
Fax
number, new |
|
29/03/2011 |
Phone
number, new |
|
22/12/2010 |
Company
representatives, changed |
|
22/12/2010 |
Board,
changed |
|
22/12/2010 |
Authorised
signatories amended or new/amended vacancy text |
|
03/11/2010 |
Phone
number, removed |
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03/11/2010 |
Fax
number, removed |
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10/08/2010 |
Annual
account, new |
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30/07/2010 |
Annual
report (PDF), new |
|
16/07/2010 |
Annual account, new |
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06/07/2010 |
Annual account, new |
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06/07/2010 |
Limit, increase |
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30/06/2010 |
Annual report (PDF), new |
|
30/06/2010 |
Limit, decrease |
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30/06/2010 |
Annual account, new |
|
16/06/2010 |
Annual report (PDF), new |
|
04/12/2009 |
Company representatives,
changed |
|
04/12/2009 |
Board, changed |
|
04/12/2009 |
Authorised signatory, changed |
Negative
Information
|
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|
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Debt
balance at the Swedish Enforcement Agency |
|
|
Number of Private Claims |
- |
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Balance of Private Claims |
- |
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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 |
4 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.83 |
|
|
1 |
Rs.96.56 |
|
Euro |
1 |
Rs.77.42 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
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|
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|
Report Prepared
by : |
SMN |
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.