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Report No. : |
334090 |
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Report Date : |
04.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
BASI
INSTRUMENT AB |
|
|
|
|
Registered Office : |
Box53, 27033 Vollsjo |
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Country : |
Sweden |
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|
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Financials (as on) : |
2014 |
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Date of Incorporation : |
11.03.1998 |
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Com. Reg. No.: |
5565533709 |
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Legal Form : |
Limited liability company |
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Line of Business : |
The Company will conduct production and of sale of control equipment such as sensors, signal converters and other instruments and activities compatible therewith. |
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|
No. of Employees : |
1 (2014) |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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|
Payment Behaviour : |
Slow |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Sweden |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
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 |
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. Sweden remains outside the Eurozone 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. Agriculture accounts for less than 1% of GDP. Economic growth slowed in 2013, as a result of continued economic weakness in the EU - Sweden’s main export market; however, Sweden’s economy experienced modest growth in 2014, with an adjusted real GDP growth that averaged 2.3%. Sweden’s economy is expected to grow modestly in 2015, although the country continues to struggle with deflationary pressure.
|
Source
: CIA |
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Business Name |
BASI
Instrument AB |
|
|
Country |
SWEDEN |
|
|
Company
Registration Number |
5565533709 |
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|
Activity Code |
27120 |
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|
Activity
Description |
Manufacture
of electricity distribution and control apparatus |
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|
Company Status |
Active
(Active) |
|
|
Latest Turnover
Figure |
841.000
SEK |
|
|
Latest Shareholder
Equity Figure |
397.000
SEK |
|
|
Business Name |
BASI
Instrument AB |
|
|
Registered Company
Name |
BASI
Instrument AB |
|
|
Company
Registration Number |
5565533709 |
|
|
Country |
SWEDEN |
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VAT Registration
Number |
SE556553370901 |
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|
Date of Company
Registration |
11/03/1998 |
|
|
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 conduct production and of sale of control
equipment such as sensors, signal converters and other instruments and
activities compatible therewith. |
|
|
Contact Address |
Box
53, 27033 VOLLSJO |
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|
Contact Telephone
Number |
040-88009 |
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|
Address |
Box 53, 27033 VOLLSJO |
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Country |
SWEDEN |
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Telephone |
040-88009 |
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Address |
Country |
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No
other addresses for this company |
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Activity Code |
Activity
Description |
|
|
27120 |
Manufacture
of electricity distribution and control apparatus |
|
No email
addresses for this company
|
Year |
Number of Employees |
|
|
2014 |
1 |
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|
2013 |
1 |
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|
2012 |
1 |
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2011 |
2 |
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|
2010 |
2 |
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Auditor Name |
Jessica
Therese Wallin |
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|
Registered for FTax |
Yes |
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Registered for VAT |
Yes |
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Registered for
Employee Tax |
Yes |
|
|
Type |
Category |
Issuer |
|
No
certificate information for this company |
|
|
|
Activity Code |
27120 |
|
|
Activity
Description |
Manufacture
of electricity distribution and control apparatus |
|
|
Industry Average
Credit Rating |
78
(1 - 100) |
|
|
Industry Average
Credit Limit |
206.000 |
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|
Event Date |
Event Description |
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||||
|
06/05/2015 |
Group
Structure Change |
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||||
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30/04/2015 |
Annual
account, new |
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||||
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30/04/2015 |
Limit,
decrease |
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||||
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24/04/2015 |
Annual report (PDF), new |
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||||
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05/05/2014 |
Group Structure Change |
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29/04/2014 |
Annual account, new |
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29/04/2014 |
Limit, decrease |
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24/04/2014 |
Annual report (PDF), new |
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28/06/2013 |
Group Structure Change |
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24/06/2013 |
Limit, increase |
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24/06/2013 |
Annual account, new |
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14/06/2013 |
Annual report (PDF), new |
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12/07/2012 |
Annual account, new |
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12/07/2012 |
Limit, decrease |
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12/06/2012 |
Annual report (PDF), new |
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09/05/2011 |
Annual account, new |
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09/05/2011 |
Limit, decrease |
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28/04/2011 |
Annual report (PDF), new |
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29/03/2011 |
Phone number, new |
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09/02/2011 |
Board, changed |
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No status history events for this company |
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Financial
Year |
2014 |
2013 |
2012 |
|
|
Number
of Weeks |
52 |
52 |
52 |
|
|
Currency |
SEK |
SEK |
SEK |
|
|
Consolidated
Accounts |
No |
No |
No |
|
|
Revenue |
1.041.000 |
1.201.000 |
1.786.000 |
|
|
Operating
Costs |
974.000 |
1.217.000 |
1.734.000 |
|
|
Operating
Profit |
67.000 |
-16.000 |
52.000 |
|
|
Wages
& Salaries |
-395.000 |
-454.000 |
-432.000 |
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Depreciation
- - - |
||||
|
Financial
Income |
- |
2.000 |
- |
|
|
Financial
Expenses |
-47.000 |
-47.000 |
-51.000 |
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Extraordinary
Income
- - - |
||||
|
Extraordinary
Costs
- - - |
||||
|
Profit
before Tax |
21.000 |
-60.000 |
1.000 |
|
|
Tax |
-4.000 |
- |
-1.000 |
|
|
Profit
after Tax |
17.000 |
-60.000 |
- |
|
|
Minority
Interests
- - - |
||||
|
Other
Appropriations |
-19.000 |
48.000 |
- |
|
|
Retained
Profit |
-2.000 |
-12.000 |
1.000 |
|
|
Financial
Year |
2014 |
2013 |
2012 |
|
Number
of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
No |
No |
No |
|
Land
& Buildings
|
- |
- |
- |
|
Plant
& Machinery
|
- |
- |
- |
|
Other
Tangible Assets |
- |
- |
- |
|
Total
Tangible Assets
|
- |
- |
- |
|
Goodwill |
- |
- |
- |
|
Other
Intangible Assets |
- |
- |
- |
|
Total
Intangible Assets
|
- |
- |
- |
|
Loans
To Group
|
- |
- |
- |
|
Other
Loans
|
- |
- |
- |
|
Miscellaneous
Fixed Assets |
- |
- |
- |
|
Total
Other Fixed Assets |
- |
- |
- |
|
TOTAL
FIXED ASSETS
|
- |
- |
- |
|
Work In
Progress
|
|
|
|
|
Other
Inventories |
835.000 |
805.000 |
807.000 |
|
Total
Inventories |
835.000 |
805.000 |
807.000 |
|
Trade
Receivables |
43.000 |
113.000 |
163.000 |
|
Group
Receivables |
284.000 |
279.000 |
233.000 |
|
Miscellaneous
Receivables |
40.000 |
49.000 |
57.000 |
|
Total
Receivables |
367.000 |
441.000 |
453.000 |
|
Cash |
13.000 |
47.000 |
24.000 |
|
Other
Current Assets
- - - |
|||
|
TOTAL
CURRENT ASSETS |
1.215.000 |
1.292.000 |
1.284.000 |
|
TOTAL
ASSETS |
1.215.000 |
1.292.000 |
1.284.000 |
|
Trade
Payables |
73.000 |
46.000 |
17.000 |
|
Bank
Liabilities |
315.000 |
304.000 |
181.000 |
|
Group
Payables |
166.000 |
149.000 |
155.000 |
|
Miscellaneous
Liabilities |
143.000 |
263.000 |
124.000 |
|
TOTAL
CURRENT LIABILITIES |
697.000 |
762.000 |
477.000 |
|
Bank
Liabilities Due After 1 Year |
- |
- |
250.000 |
|
Other
Loans Or Finance Due After 1 Year |
- |
- |
- |
|
Group
Payables Due After 1 Year |
- |
- |
- |
|
Miscellaneous
Liabilities Due After 1 Year |
121.000 |
131.000 |
146.000 |
|
TOTAL
LONG TERM LIABILITIES |
121.000 |
131.000 |
396.000 |
|
TOTAL
LIABILITIES |
818.000 |
893.000 |
873.000 |
|
Called
Up Share Capital |
200.000 |
200.000 |
200.000 |
|
Share
Premium
- - - |
|||
|
Revenue
Reserves |
182.000 |
184.000 |
196.000 |
|
Other
Reserves |
15.000 |
15.000 |
15.000 |
|
TOTAL
SHAREHOLDERS EQUITY |
397.000 |
399.000 |
411.000 |
|
Contingent Liabilities |
- |
- |
- |
|
Working Capital |
518.000 |
530.000 |
807.000 |
|
Net Worth |
397.000 |
399.000 |
411.000 |
|
Pre-Tax Profit
Margin |
2.02 % |
-5.00
% |
0.06 % |
|
Return On Capital
Employed
|
1.10 % |
-2.92
% |
0.06 % |
|
Return On Total
Assets Employed |
1.73 % |
-4.64
% |
0.08 % |
|
Return On Net
Assets Employed
|
5.29 % |
-15.04
% |
0.24 % |
|
Sales/Net Working
Capital |
2.01 |
2.27 |
2.21 |
|
Stock Turnover
Ratio
|
80.21 % |
67.03
% |
45.18 % |
|
Debtor Days |
15.08 |
34.34 |
33.31 |
|
Creditor Days |
25.60 |
13.98 |
3.47 |
|
Current Ratio |
1.74 |
1.70 |
2.69 |
|
Liquidity
Ratio/Acid Test |
0.55 |
0.64 |
1.00 |
|
Current Debt Ratio |
1.76 |
1.91 |
1.16 |
|
Gearing |
105.79 % |
105.01
% |
129.20 % |
|
Equity In
Percentage |
32.67 % |
30.88
% |
32.01 % |
|
Total Debt Ratio |
2.06 |
2.24 |
2.12 |
|
Issued Share Capital 200.000
SEK |
No shareholders data for this company
|
Name |
Appointment Date |
Position |
|
Bengt-Olof Crister Steen |
27/09/2004 |
Actual Member of Board |
|
Jennifer Steen |
27/09/2004 |
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.63.96 |
|
UK Pound |
1 |
Rs.99.93 |
|
Euro |
1 |
Rs.70.16 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TRU |
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.