|
Report No. : |
318243 |
|
Report Date : |
25.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
SCANJET MARINE AB |
|
|
|
|
Registered Office : |
Box 2,27500 SJOBO |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
15.01.1987 |
|
|
|
|
Com. Reg. No.: |
5562912427 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Subject is Manufacture of other general-purpose machinery |
|
|
|
|
No. of Employee : |
52 (2013) |
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 : |
Slow but correct |
|
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. In September 2003, Swedish voters voted against a referendum on euro zone entry because of concerns with the impact on the country’s economy, welfare system 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; the engineering sector accounts for about 50% of output and exports. Agriculture accounts for little more than 1% of GDP and employment. Until 2008, Sweden was in the midst of a sustained economic upswing, boosted by increased domestic demand and strong exports. Despite sound public finances, the Swedish economy slid into recession in the third quarter of 2008 and the contraction continued into 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 slowed in 2013, as a result of continued economic weakness in the EU - Sweden’s main export market – and remained weak in 2014.
|
Source
: CIA |
Company Summary
|
|
|
Business Name |
SCANJET MARINE AB |
|
Country |
SWEDEN |
|
Company
Registration Number |
5562912427 |
|
Activity Code |
28290 |
|
Activity
Description |
Manufacture
of other general-purpose machinery |
|
Company Status |
Active
(Active) |
|
Latest Turnover
Figure |
121.762.000
SEK |
|
Latest Shareholder
Equity Figure |
27.037.000
SEK |
Basic Information
|
|
|
Business Name |
Scanjet
Marine AB |
|
Registered Company
Name |
Scanjet
Marine AB |
|
Company
Registration Number |
5562912427 |
|
Country |
SWEDEN |
|
VAT Registration
Number |
SE556291242701 |
|
Date of Company
Registration |
15/01/1987 |
|
Legal Form |
Limited
liability company |
|
Company Status |
Active
(Active) |
|
Currency of this
Report |
SEK |
|
Principal Activity
Code |
No
code |
|
Principal Activity Description |
The
company will produce and sell spray equipment for cleaning the land tanks and
battering anchor and conduct engineering workshop and associated activities. |
|
Contact Address |
Box
2,27500 SJOBO |
|
Contact Telephone
Number |
0416-513100 |
Main Address
|
|
|
Address |
Country Telephone |
|
Box
2,27500 SJOBO |
SWEDEN
0416-513100 |
Other Addresses
|
|
|
Address |
Country |
|
Sodra Langebergsgatan 36, 42132 |
SWEDEN |
Activities
|
|
|
Activity
Code |
Activity Description |
|
28290 |
Manufacture of other
general-purpose machinery |
Email Addresses
|
|
Web Pages
|
|
|
|
|
Employee Information
|
|
|
Year |
Number of Employees |
|
2013 |
52 |
|
2012 |
56 |
|
2011 |
57 |
|
2010 |
56 |
|
2009 |
66 |
Advisors
|
|
|
Auditor
Name |
Boel Ireen Ulla-Kerstin
Gabrielsson |
|
|
Per Mangus Lennart Larssn |
|
|
|
Tax Registrations
|
|
|
Registered
for FTax Registered
for VAT Registered
for Employee Tax |
Yes Yes Yes |
|
|
|
Certificates
Type
Category
Issuer |
|
|
No certificate information for this company |
|
Industry Comparison
Activity
Code 28290 |
|
|
Activity
Description |
Manufacture of other general-purpose machinery n.e.c. |
Event History
Event
Date
Event Description |
|
|
04/03/2015 |
Company mortgage, new |
|
04/03/2015 |
Company
mortgage, changed |
|
Event
Date |
Event Description |
|
25/11/2014 |
Authorised signatories
amended or new/amended vacancy text |
|
25/11/2014 |
Company representatives,
changed |
|
09/07/2014 |
Authorised signatories
amended or new/amended vacancy text |
|
09/07/2014 |
Company representatives,
changed |
|
26/05/2014 |
Group Structure Change |
|
22/05/2014 |
Group Structure Change |
|
21/05/2014 |
Annual account, new |
|
15/05/2014 |
Annual report (PDF), new |
|
01/10/2013 |
Company representatives,
changed |
|
11/06/2013 |
Group Structure Change |
|
07/06/2013 |
Annual account, new |
|
30/05/2013 |
Annual report (PDF), new |
|
12/06/2012 |
Authorised signatories amended
or new/amended vacancy text |
|
12/06/2012 |
Board, changed |
|
12/06/2012 |
Company representatives,
changed |
|
31/05/2012 |
Interim report (PDF), new |
|
14/05/2012 |
Annual account, new |
|
09/05/2012 |
Annual report (PDF), new |
|
24/02/2012 |
Certificate, registered |
|
07/02/2012 |
Certificate, deregistered |
|
18/05/2011 |
Annual account, new |
|
17/05/2011 |
Interim report (PDF), new |
|
17/05/2011 |
Board, changed |
|
17/05/2011 |
Authorised signatories
amended or new/amended vacancy text |
|
17/05/2011 |
Company representatives,
changed |
|
10/05/2011 |
Annual report (PDF), new |
|
29/03/2011 |
Fax number, changed |
|
26/05/2010 |
Annual account, new |
|
21/05/2010 |
Annual report (PDF), new |
|
13/05/2010 |
Interim report (PDF), new |
No status history events for this company
|
Financial
Year |
2013 |
2012 |
2011 |
|
|||
|
Number
of Weeks |
52 |
52 |
52 |
|
|||
|
Currency |
SEK |
SEK |
SEK |
|
|||
|
Consolidated
Accounts |
No |
No |
No |
|
|||
|
Revenue |
123.113.000 |
148.306.000 |
178.834.000 |
|
|||
|
Operating
Costs |
117.958.000 |
142.995.000 |
153.579.000 |
|
|||
|
Operating
Profit |
5.155.000 |
5.311.000 |
25.255.000 |
|
|||
|
Wages
& Salaries |
-29.571.000 |
-33.052.000 |
-33.596.000 |
|
|||
|
Depreciation |
-1.877.000 |
-2.176.000 |
-2.527.000 |
|
|||
|
Financial
Income |
405.000 |
168.000 |
75.000 |
||||
|
Financial
Expenses |
-812.000 |
-863.000 |
-695.000 |
||||
|
Extraordinary
Income |
0 |
0 |
0 |
||||
|
Extraordinary
Costs |
0 |
0 |
0 |
||||
|
Profit
before Tax |
4.748.000 |
5.544.000 |
25.974.000 |
||||
|
Tax |
-1.747.000 |
-1.513.000 |
-5.398.000 |
||||
|
Profit
after Tax |
3.001.000 |
4.031.000 |
20.576.000 |
||||
|
Minority
Interests |
0 |
0 |
0 |
||||
|
Other
Appropriations |
1.309.000 |
409.000 |
-4.973.000 |
||||
|
Retained
Profit |
4.310.000 |
4.440.000 |
15.603.000 |
||||
|
Financial
Year |
2013 |
2012 |
2011 |
|
Number
of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
No |
No |
No |
|
Land
& Buildings |
10.037.000 |
12.182.000 |
9.560.000 |
|
Plant
& Machinery |
1.696.000 |
2.109.000 |
1.508.000 |
|
Other
Tangible Assets |
275.000 |
319.000 |
2.880.000 |
|
Total
Tangible Assets |
12.008.000 |
14.610.000 |
13.948.000 |
|
Goodwill |
0 |
0 |
0 |
|
Other
Intangible Assets |
943.000 |
1.186.000 |
1.407.000 |
|
Total
Intangible Assets |
943.000 |
1.186.000 |
1.407.000 |
|
Loans
To Group |
8.205.000 |
5.500.000 |
673.000 |
|
Other
Loans |
0 |
0 |
0 |
|
Miscellaneous
Fixed Assets |
80.000 |
80.000 |
79.000 |
|
Total
Other Fixed Assets |
8.285.000 |
5.580.000 |
752.000 |
|
TOTAL
FIXED ASSETS |
21.236.000 |
21.376.000 |
16.107.000 |
|
Work
In Progress |
0 |
0 |
0 |
|
Other
Inventories |
37.786.000 |
39.458.000 |
47.099.000 |
|
Total
Inventories |
37.786.000 |
39.458.000 |
47.099.000 |
|
Trade
Receivables |
12.093.000 |
16.430.000 |
19.306.000 |
|
Group
Receivables |
9.666.000 |
11.334.000 |
7.372.000 |
|
Miscellaneous
Receivables |
5.989.000 |
5.810.000 |
3.521.000 |
|
Total
Receivables |
27.748.000 |
33.574.000 |
30.199.000 |
|
Cash |
2.906.000 |
1.038.000 |
4.482.000 |
|
Other
Current Assets |
0 |
0 |
0 |
|
TOTAL
CURRENT ASSETS |
68.440.000 |
74.070.000 |
81.780.000 |
|
TOTAL
ASSETS |
89.676.000 |
95.446.000 |
97.887.000 |
|
Trade
Payables |
4.310.000 |
7.883.000 |
8.504.000 |
|
Bank
Liabilities |
2.060.000 |
1.060.000 |
1.810.000 |
|
Group
Payables |
0 |
0 |
0 |
|
Miscellaneous
Liabilities |
9.720.000 |
13.338.000 |
16.118.000 |
|
TOTAL
CURRENT LIABILITIES |
16.090.000 |
22.281.000 |
26.432.000 |
|
Bank Liabilities
Due After 1 Year |
20.198.000 |
22.586.000 |
13.762.000 |
|
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 |
26.351.000 |
27.852.000 |
28.805.000 |
|
TOTAL LONG TERM
LIABILITIES |
46.549.000 |
50.438.000 |
42.567.000 |
|
TOTAL LIABILITIES |
62.639.000 |
72.719.000 |
68.999.000 |
|
Called Up Share
Capital |
2.000.000 |
2.000.000 |
2.000.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
24.327.000 |
20.017.000 |
26.178.000 |
|
Other Reserves |
710.000 |
710.000 |
710.000 |
|
TOTAL SHAREHOLDERS
EQUITY |
27.037.000 |
22.727.000 |
28.888.000 |
Other Financials
|
|||
|
Contingent
Liabilities |
0 |
0 |
0 |
|
Working Capital |
52.350.000 |
51.789.000 |
55.348.000 |
|
Net Worth |
26.094.000 |
21.541.000 |
27.481.000 |
Ratios
|
|||
|
Pre-Tax Profit
Margin |
3.86
% |
3.74 % |
14.52 % |
|
Return On Capital
Employed |
4.49
% |
4.71 % |
20.89 % |
|
Return On Total
Assets Employed |
5.29
% |
5.81 % |
26.53 % |
|
Return On Net
Assets Employed |
17.56
% |
24.39 % |
89.91 % |
|
Sales/Net Working
Capital |
2.35 |
2.86 |
3.23 |
|
Stock Turnover
Ratio |
30.69
% |
26.61 % |
26.34 % |
|
Debtor Days |
35.85 |
40.44 |
39.40 |
|
Creditor Days |
12.78 |
19.40 |
17.36 |
|
Current Ratio |
4.25 |
3.32 |
3.09 |
|
Liquidity
Ratio/Acid Test |
1.91 |
1.55 |
1.31 |
|
Current Debt Ratio |
0.60 |
0.98 |
0.91 |
|
Gearing |
82.32
% |
104.04 % |
53.90 % |
|
Equity In
Percentage |
33.61
% |
25.63 % |
30.18 % |
|
Total Debt Ratio |
2.32 |
3.20 |
2.39 |
|
Issued
Share Capital |
2.000.000 SEK |
|
No
shareholders data for this company.
|
Name |
Appointment
Date |
Position |
|
|
Lars
Magnus Wallin |
08/07/2014 |
Foreign Resident outside the EEA |
|
|
Lars
Niklas Falkmer |
11/06/2012 |
Managing Director |
|
|
Claes
Henry Jinback |
25/09/2006 |
Actual Member of Board |
|
|
Thomas
Lars Ernst Jinback |
15/01/1987 |
Actual Member of Board |
|
|
John
Robin Ejerblom |
25/09/2006 |
Substitute |
|
|
Tore
Johan Helamb |
25/09/2006 |
Substitute |
|
|
Name |
Appointment
Date |
Position |
Resignation Date |
|
Thomas
Lars Ernst Jinback |
25/09/2006 |
Chairman
of Board |
11/06/2012 |
|
Lars
Magnus Wallin |
27/01/1995 |
Managing
Director |
11/06/2012 |
|
Moreno
Rocco Giuseppe Muzzini |
20/04/2009 |
Substitute |
16/05/2011 |
Negative Information
|
|
|
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 |
Debt Balance
|
|
|
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.63.40 |
|
|
1 |
Rs.95.42 |
|
Euro |
1 |
Rs.68.49 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ASH |
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.