|
Report No. : |
315421 |
|
Report Date : |
04.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
OPSIS
AKTIEBOLAG |
|
|
|
|
Registered Office : |
Box 244, 24402 Furulund |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
03.03.1969 |
|
|
|
|
Com. Reg. No.: |
5561240598 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture
of Instruments and Appliances for Measuring, Testing and Navigation. |
|
|
|
|
No. of Employees : |
68 |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
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 |
Opsis Aktiebolag |
|
Country |
SWEDEN |
|
Company
Registration Number |
5561240598 |
|
Activity
Code |
26510 |
|
Activity
Description |
Manufacture of instruments and appliances for measuring,
testing and navigation |
|
Company
Status |
Active (Active) |
|
Latest
Turnover Figure |
113.504.000 SEK |
|
Latest
Shareholder Equity Figure |
43.941.000 SEK |
|
Business
Name |
Opsis Aktiebolag |
|
Registered
Company Name |
Opsis Aktiebolag |
|
Company
Registration Number |
5561240598 |
|
Country |
SWEDEN |
|
VAT
Registration Number |
SE556124059801 |
|
Date
of Company Registration |
03/03/1969 |
|
Legal
Form |
Limited liability company |
|
Company
Status |
Active (Active) |
|
Currency
of this Report |
SEK |
|
Principal
Activity Code |
No code |
|
Principal
Activity Description |
Bolaget skall direkt eller indirekt genom dotterforetag -
bedriva forskning, utveckling, tillverkning och forsaljning av matinstrument
samt idka darmed forenlig verksamhet. |
|
Contact
Address |
Box 244, 24402 FURULUND |
|
Contact
Telephone Number |
046-722500 |
|
Address |
Country |
Telephone |
|
Box 244, 24402 FURULUND |
SWEDEN |
046-722500 |
|
Address |
Country |
|
|
No
other addresses for this company |
|
|
|
Activity
Code |
Activity
Description |
|
26510 |
Manufacture of instruments and appliances for measuring,
testing and navigation |
|
Year |
Number of Employees |
|
2014 |
68 |
|
2013 |
68 |
|
2012 |
58 |
|
2011 |
57 |
|
2010 |
58 |
|
Auditor Name |
Johan
Tomas Ahlgren |
|
Registered for FTax |
Yes |
|
|
Registered for VAT |
Yes |
|
|
Registered for
Employee Tax |
Yes |
|
|
Type |
Category |
Issuer |
|
No certificate
information for this company |
||
|
Activity Code |
26510 |
|
Activity
Description |
Manufacture
of instruments and appliances for measuring, testing and navigation |
|
Industry Average
Credit Rating |
78
(1 - 100) |
|
Industry Average
Credit Limit |
1.208.000 |
|
Event Date |
Event Description |
|
30/09/2014 |
Certificate,
registered |
|
14/08/2014 |
Group
Structure Change |
|
29/07/2014 |
Annual
account, new |
|
Event Date |
Event Description |
|
29/07/2014 |
Limit,
increase |
|
29/07/2014 |
Group
annual accout, new |
|
23/07/2014 |
Annual
report (PDF), new |
|
18/10/2013 |
Group
Structure Change |
|
17/10/2013 |
Group
annual accout, new |
|
17/10/2013 |
Limit,
increase |
|
17/10/2013 |
Annual
account, new |
|
11/10/2013 |
Annual
report (PDF), new |
|
23/11/2012 |
Annual
report (PDF), new |
|
28/08/2012 |
Annual
account, new |
|
28/08/2012 |
Limit,
increase |
|
28/08/2012 |
Group
annual accout, new |
|
10/08/2012 |
Annual
report (PDF), new |
|
16/12/2011 |
Annual
account, new |
|
16/12/2011 |
Group
annual accout, new |
|
16/12/2011 |
Limit,
decrease |
|
07/12/2011 |
Annual
report (PDF), new |
|
12/07/2011 |
Authorised
signatories amended or new/amended vacancy text |
|
08/06/2011 |
Certificate,
registered |
|
09/11/2010 |
Limit,
decrease |
|
09/11/2010 |
Annual
account, new |
|
09/11/2010 |
Group
annual accout, new |
|
28/10/2010 |
Annual
report (PDF), new |
No
status history events for this company
|
Financial Year |
2014 |
2013 |
2012 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
No |
No |
No |
|
Revenue |
114.271.000 |
105.371.000 |
102.734.000 |
|
Operating Costs |
110.074.000 |
102.463.000 |
97.090.000 |
|
Operating Profit |
4.197.000 |
2.908.000 |
5.644.000 |
|
Financial Income |
23.000 |
60.000 |
387.000 |
|
Financial Expenses |
-1.504.000 |
-1.300.000 |
-1.335.000 |
|
Extraordinary Income |
0 |
0 |
0 |
|
Extraordinary Costs |
0 |
0 |
0 |
|
Profit before Tax |
2.716.000 |
1.668.000 |
4.696.000 |
|
Tax |
-788.000 |
-962.000 |
-1.660.000 |
|
Profit after Tax |
1.928.000 |
706.000 |
3.036.000 |
|
Minority Interests |
0 |
0 |
0 |
|
Other Appropriations |
59.000 |
972.000 |
1.134.000 |
|
Retained Profit |
1.987.000 |
1.678.000 |
4.170.000 |
|
Financial Year |
2014 |
2013 |
2012 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
No |
No |
No |
|
Land &
Buildings |
13.841.000 |
14.907.000 |
15.742.000 |
|
Plant &
Machinery |
0 |
0 |
0 |
|
Other Tangible
Assets |
7.513.000 |
10.310.000 |
1.899.000 |
|
Total Tangible
Assets |
21.354.000 |
25.217.000 |
17.641.000 |
|
Goodwill |
0 |
0 |
0 |
|
Other Intangible
Assets |
6.759.000 |
5.793.000 |
3.274.000 |
|
Total Intangible
Assets |
6.759.000 |
5.793.000 |
3.274.000 |
|
Loans To Group |
0 |
0 |
1.748.000 |
|
Other Loans |
0 |
0 |
0 |
|
Miscellaneous Fixed
Assets |
2.533.000 |
1.769.000 |
1.584.000 |
|
Total Other Fixed
Assets |
2.533.000 |
1.769.000 |
3.332.000 |
|
TOTAL FIXED ASSETS |
30.646.000 |
32.779.000 |
24.247.000 |
|
Work In Progress |
0 |
0 |
0 |
|
Other Inventories |
41.424.000 |
37.624.000 |
39.085.000 |
|
Total Inventories |
41.424.000 |
37.624.000 |
39.085.000 |
|
Trade Receivables |
41.167.000 |
30.662.000 |
34.369.000 |
|
Group Receivables |
1.998.000 |
2.544.000 |
3.160.000 |
|
Miscellaneous
Receivables |
3.590.000 |
7.766.000 |
5.351.000 |
|
Total Receivables |
46.755.000 |
40.972.000 |
42.880.000 |
|
Cash |
142.000 |
163.000 |
2.365.000 |
|
Other Current
Assets |
0 |
0 |
0 |
|
TOTAL CURRENT
ASSETS |
88.321.000 |
78.759.000 |
84.330.000 |
|
TOTAL ASSETS |
118.967.000 |
111.538.000 |
108.577.000 |
|
Trade Payables |
6.000.000 |
6.979.000 |
3.316.000 |
|
Bank Liabilities |
21.423.000 |
16.933.000 |
19.431.000 |
|
Group Payables |
147.000 |
134.000 |
147.000 |
|
Miscellaneous
Liabilities |
16.698.000 |
13.268.000 |
14.264.000 |
|
TOTAL CURRENT
LIABILITIES |
44.268.000 |
37.314.000 |
37.158.000 |
|
Bank Liabilities
Due After 1 Year |
17.616.000 |
17.350.000 |
13.697.000 |
|
Other Loans Or
Finance Due After 1 Year |
0 |
0 |
0 |
|
Group Payables Due
After 1 Year |
0 |
0 |
0 |
|
Miscellaneous
Liabilities Due After 1 Year |
13.142.000 |
13.920.000 |
14.708.000 |
|
TOTAL LONG TERM
LIABILITIES |
30.758.000 |
31.270.000 |
28.405.000 |
|
TOTAL LIABILITIES |
75.026.000 |
68.584.000 |
65.563.000 |
|
Called Up Share
Capital |
2.739.000 |
2.739.000 |
2.739.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
16.067.000 |
15.618.000 |
15.619.000 |
|
Other Reserves |
25.135.000 |
24.597.000 |
24.656.000 |
|
TOTAL
SHAREHOLDERS EQUITY |
43.941.000 |
42.954.000 |
43.014.000 |
|
Contingent
Liabilities |
0 |
0 |
0 |
|
Working Capital |
44.053.000 |
41.445.000 |
47.172.000 |
|
Net Worth |
37.182.000 |
37.161.000 |
39.740.000 |
|
Pre-Tax Profit
Margin |
2.38 % |
1.58 % |
4.57
% |
|
Return On Capital Employed |
1.66 % |
1.12 % |
3.22
% |
|
Return On Total
Assets Employed |
2.28 % |
1.50 % |
4.33
% |
|
Return On Net
Assets Employed |
6.18 % |
3.88 % |
10.92
% |
|
Sales/Net Working
Capital |
2.59 |
2.54 |
2.18 |
|
Stock Turnover
Ratio |
36.25 % |
35.71 % |
38.04
% |
|
Debtor Days |
131.49 |
106.21 |
122.11 |
|
Creditor Days |
19.16 |
24.17 |
11.78 |
|
Current Ratio |
2.00 |
2.11 |
2.27 |
|
Liquidity
Ratio/Acid Test |
1.06 |
1.10 |
1.22 |
|
Current Debt Ratio |
1.01 |
0.87 |
0.86 |
|
Gearing |
88.84 % |
79.81 % |
77.02
% |
|
Equity In
Percentage |
40.06 % |
41.31 % |
42.18
% |
|
Total Debt Ratio |
1.71 |
1.60 |
1.52 |
|
Issued Share
Capital |
2.738.500
SEK |
No
shareholders data for this company.
|
Name |
Appointment Date |
Position |
|
Claes-Ingvar
Roland Lundell |
01/11/2003 |
Actual Member of Board |
|
Svante
Axel Wallin |
03/03/1969 |
Actual Member of Board |
|
Jons
Sture Svantesson |
03/03/1969 |
Actual Member of Board |
|
Leif
Peder Uneus |
03/03/1969 |
Actual Member of Board |
|
Ola
Per Anders Johansson |
18/11/2005 |
Actual Member of Board |
|
John
Bertil Bergin |
18/11/2005 |
Substitute |
|
Lena
Anette Uneus Mattsson |
17/04/1996 |
Substitute |
|
Nils
Sverker Ingvarson |
18/11/2005 |
Substitute |
|
Asa
Katarina Wallin |
17/04/1996 |
Substitute |
|
Debt Balance |
|
|
Currency |
SEK |
|
Number Of Private
Claims |
0 |
|
Balance Of Private
Claims |
0 |
|
Number Of Public
Claims |
0 |
|
Balance Of Public
Claims |
0 |
|
Total Balance |
0 |
|
Record of Non
Payment |
|
|
Number Of Distraint
Or Repossessions |
0 |
|
Number Of Public
Claims |
0 |
|
Number Of Private
Claims |
0 |
|
Number Of
Applications |
0 |
|
Number Of Revoked
Applications |
0 |
|
|
|
|
Latest Public Claim |
|
|
No
Latest Public Claim for this company. |
|
|
Latest Private
Claim |
|
|
No Latest Private
Claim for this company. |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.59 |
|
|
1 |
Rs.92.46 |
|
Euro |
1 |
Rs.67.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
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.