|
Report No. : |
352838 |
|
Report Date : |
09.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
LAGER 157 AB |
|
|
|
|
Registered Office : |
Ulricehamnsvägen
12, 52360 Gällstad |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
26.11.1997 |
|
|
|
|
Com. Reg. No.: |
5565492690 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
·
The
Company shall conduct the rental of premises, the purchase and sale of real
estate, retail sales, securities trading and consulting services in
connection therewith and conduct thus bow. ·
Retail
sale of men’s, women’s and children’s clothing in specialized stores. |
|
|
|
|
No. of Employees : |
166 [2014] |
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 – 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 |
|
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. Sweden remains outside
the Eurozone because of concerns over its 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 2.1%. Sweden’s economy is expected to
grow modestly in 2015, although the country continues to struggle with deflationary
pressure.
|
Source
: CIA |
|
Business Name |
Lager 157 AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5565492690 |
|
Activity Code |
47711 |
|
Activity Description |
Retail sale of men''s,
women''s and children''s clothing in specialised stores |
|
Company Status |
Active (Active) |
|
Latest Turnover Figure |
578.222.000
SEK |
|
Latest Shareholder Equity Figure |
141.418.000
SEK |
|
Local Description |
Very good credit
worthiness |
|
|
|
Basic
Information
|
|
|
Business Name |
Lager 157 AB |
|
Registered Company Name |
Lager 157 AB |
|
Company Registration Number |
5565492690 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556549269001 |
|
Date of Company Registration |
26/11/1997 |
|
Legal Form |
Limited liability
company |
|
Company Status |
Active (Active) |
|
Currency of this Report |
SEK |
|
Principal Activity Code |
No code |
|
Principal Activity Description |
The Company shall
conduct the rental of premises , the purchase and sale of real estate, retail
sales , securities trading and consulting services in connection therewith
and conduct thus bow |
|
Contact Address |
Ulricehamnsvägen
12, 52360 GÄLLSTAD |
|
Contact Telephone Number |
0321-685000 |
|
|
|
Main
Address
|
|
|
Address |
Ulricehamnsvägen
12, 52360 GÄLLSTAD |
|
Country |
SWEDEN |
|
Telephone |
0321-685000 |
|
Address |
Country |
|
Address |
Kalvshällavägen
7, 17744 |
|
Country |
SWEDEN |
|
Address |
Kupolen 3,
78170 |
|
Country |
SWEDEN |
|
Address |
Mejerivägen
1, 52361 |
|
Country |
SWEDEN |
|
Address |
Valbovägen
335, 81832 |
|
Country |
SWEDEN |
|
Address |
Orkangatan
4, 30263 |
|
Country |
SWEDEN |
|
Address |
Nynäsvägen
21, 13647 |
|
Country |
SWEDEN |
|
Address |
Annebergsvägen
2, 64831 |
|
Country |
SWEDEN |
|
Address |
Norregatan
4, 26339 |
|
Country |
SWEDEN |
|
Address |
Solåsvägen
4, 55303 |
|
Country |
SWEDEN |
|
Address |
Rävbergsvägen
1, 65639 |
|
Country |
SWEDEN |
|
Address |
Diagonalvägen
9, 14175 |
|
Country |
SWEDEN |
|
Address |
Ekenleden
3, 42836 |
|
Country |
SWEDEN |
|
Address |
Norra Svedengatan
23, 58273 |
|
Country |
SWEDEN |
|
Address |
Handelsvägen
13, 24642 |
|
Country |
SWEDEN |
|
Address |
Kromgatan
3D, 60223 |
|
Country |
SWEDEN |
|
Address |
Antennvägen
31, 86337 |
|
Country |
SWEDEN |
|
Address |
Tidstrandsvägen
1, 79022 |
|
Country |
SWEDEN |
|
Address |
Kungsgatan
95, 75318 |
|
Country |
SWEDEN |
|
Address |
Lysingsvägen
18, 59353 |
|
Country |
SWEDEN |
|
Address |
Hallsta Gårdsgata
11, 72138 |
|
Country |
SWEDEN |
|
Address |
Marketenterivägen
7, 35236 |
|
Country |
SWEDEN |
|
Address |
Country |
|
Address |
Adolfsbergsvägen
6, 70227 |
|
Country |
SWEDEN |
|
|
|
Activities
|
|
|
Activity Code |
Activity Description |
|
47711 |
Retail sale of
men''s, women''s and children''s clothing in specialised stores |
|
70100 |
Activities of
head offices |
info@lager157.com
www.lager157.com
|
Year |
Number of Employees |
|
2014 |
166 |
|
2013 |
130 |
|
2012 |
90 |
|
2011 |
72 |
|
2010 |
77 |
Advisors
|
||
|
Auditor Name |
Lars Magnus
Olander |
|
|
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 |
47711 |
|
Activity Description |
Retail sale of men''s,
women''s and children''s clothing in specialised stores |
|
|
|
Event
History
|
|
|
Event Date |
Event Description |
|
14/11/2015 |
Company
representatives, changed |
|
14/11/2015 |
Authorised
signatories amended or new/amended vacancy text |
|
20/07/2015 |
Group Structure
Change |
|
Event Date |
Event Description |
|
14/07/2015 |
Group Structure
Change |
|
03/07/2015 |
Annual account,
new |
|
26/06/2015 |
Annual report
(PDF), new |
|
22/05/2015 |
Group Structure
Change |
|
20/05/2015 |
Annual account,
new |
|
15/05/2015 |
Group Structure
Change |
|
13/05/2015 |
Annual report
(PDF), new |
|
26/08/2014 |
Company
representatives, changed |
|
26/08/2014 |
Authorised
signatories amended or new/amended vacancy text |
|
20/06/2014 |
Group Structure Change |
|
16/06/2014 |
Group Structure
Change |
|
11/06/2014 |
Annual account,
new |
|
05/06/2014 |
Annual report
(PDF), new |
|
11/04/2014 |
Group Structure
Change |
|
01/08/2013 |
Group Structure
Change |
|
24/04/2013 |
Annual account,
new |
|
24/04/2013 |
Annual report
(PDF), new |
|
23/04/2013 |
Annual report
(PDF), new |
|
16/04/2013 |
Annual report
(PDF), new |
|
09/04/2013 |
Address, changed |
|
13/11/2012 |
Phone number,
changed |
|
13/11/2012 |
Fax number,
removed |
|
29/08/2012 |
Annual account,
new |
|
04/07/2012 |
Annual report
(PDF), new |
|
08/07/2011 |
Annual account,
new |
|
30/06/2011 |
Annual report
(PDF), new |
|
29/03/2011 |
Fax number, new |
Status
History
|
|
No status history
events for this company |
Profit
and Loss
|
|||
|
Financial Year |
2014 |
2013 |
2012 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
No |
No |
No |
|
Revenue |
579.089.000 |
451.043.000 |
316.958.000 |
|
Operating Costs |
506.093.000 |
377.713.000 |
282.772.000 |
|
Operating Profit |
72.996.000 |
73.330.000 |
34.186.000 |
|
Wages & Salaries |
-77.752.000 |
-59.569.000 |
-47.229.000 |
|
Depreciation |
-8.022.000 |
-7.455.000 |
-6.606.000 |
|
Financial Income |
518.000 |
249.000 |
437.000 |
|
Financial Expenses |
-804.000 |
-785.000 |
-704.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
- |
- |
- |
|
Profit before Tax |
72.710.000 |
72.794.000 |
33.919.000 |
|
Tax |
-12.790.000 |
-12.885.000 |
-7.714.000 |
|
Profit after Tax |
59.920.000 |
59.909.000 |
26.205.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
-15.816.000 |
-14.641.000 |
-5.020.000 |
|
Retained Profit |
44.104.000 |
45.268.000 |
21.185.000 |
Balance
Sheet
|
|||
|
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 |
21.045.000 |
22.664.000 |
23.001.000 |
|
Total Tangible Assets |
21.045.000 |
22.664.000 |
23.001.000 |
|
Goodwill |
- |
- |
- |
|
Other Intangible Assets |
- |
- |
- |
|
Total Intangible Assets |
- |
- |
- |
|
Loans To Group |
4.000.000 |
4.250.000 |
4.500.000 |
|
Other Loans |
- |
- |
- |
|
Miscellaneous Fixed Assets |
100.000 |
100.000 |
100.000 |
|
Total Other Fixed Assets |
4.100.000 |
4.350.000 |
4.600.000 |
|
TOTAL FIXED ASSETS |
25.145.000 |
27.014.000 |
27.601.000 |
|
Work In Progress |
- |
- |
- |
|
Other Inventories |
200.775.000 |
145.534.000 |
106.840.000 |
|
Total Inventories |
200.775.000 |
145.534.000 |
106.840.000 |
|
Trade Receivables |
6.019.000 |
1.948.000 |
861.000 |
|
Group Receivables |
3.812.000 |
3.677.000 |
3.552.000 |
|
Miscellaneous Receivables |
15.746.000 |
12.870.000 |
11.997.000 |
|
Total Receivables |
25.577.000 |
18.495.000 |
16.410.000 |
|
Cash |
53.996.000 |
48.532.000 |
19.603.000 |
|
Other Current Assets |
- |
- |
- |
|
TOTAL CURRENT ASSETS |
280.348.000 |
212.561.000 |
142.853.000 |
|
TOTAL ASSETS |
305.493.000 |
239.575.000 |
170.454.000 |
|
Trade Payables |
58.579.000 |
39.976.000 |
26.859.000 |
|
Bank Liabilities |
- |
- |
- |
|
Group Payables |
1.853.000 |
12.376.000 |
12.291.000 |
|
Miscellaneous Liabilities |
40.764.000 |
33.704.000 |
27.932.000 |
|
TOTAL CURRENT LIABILITIES |
101.196.000 |
86.056.000 |
67.082.000 |
|
Bank Liabilities Due After 1 Year |
- |
- |
- |
|
Other Loans Or Finance Due After 1 Year |
- |
- |
- |
|
Group Payables Due After 1 Year |
- |
- |
- |
|
Miscellaneous Liabilities Due After 1 Year |
62.879.000 |
46.206.000 |
29.527.000 |
|
TOTAL LONG TERM LIABILITIES |
62.879.000 |
46.206.000 |
29.527.000 |
|
TOTAL LIABILITIES |
164.075.000 |
132.262.000 |
96.609.000 |
|
Called Up Share Capital |
600.000 |
600.000 |
600.000 |
|
Share Premium |
- |
- |
- |
|
Revenue Reserves |
140.697.000 |
106.593.000 |
72.224.000 |
|
Other Reserves |
120.000 |
120.000 |
1.021.000 |
|
TOTAL SHAREHOLDERS EQUITY |
141.418.000 |
107.313.000 |
73.845.000 |
Other
Financials
|
|
|
|
|
Contingent Liabilities |
2.000.000 |
2.000.000 |
2.000.000 |
|
Working Capital |
179.152.000 |
126.505.000 |
75.771.000 |
|
Net Worth |
141.418.000 |
107.313.000 |
73.845.000 |
|
|
|
|
|
Ratios
|
|
|
|
|
Pre-Tax Profit Margin |
12.56 % |
16.14 % |
10.70 % |
|
Return On Capital Employed |
17.88 % |
22.35 % |
14.28 % |
|
Return On Total Assets Employed |
23.80 % |
30.38 % |
19.90 % |
|
Return On Net Assets Employed |
51.41 % |
67.83 % |
45.93 % |
|
Sales/Net Working Capital |
3.23 |
3.57 |
4.18 |
|
Stock Turnover Ratio |
34.67 % |
32.27 % |
33.71 % |
|
Debtor Days |
3.79 |
1.58 |
0.99 |
|
Creditor Days |
36.92 |
32.35 |
30.93 |
|
Current Ratio |
2.77 |
2.47 |
2.13 |
|
Liquidity Ratio/Acid Test |
0.79 |
0.78 |
0.54 |
|
Current Debt Ratio |
0.72 |
0.80 |
0.91 |
|
Gearing |
0 |
0 |
0 |
|
Equity In Percentage |
46.92 % |
45.62 % |
44.52 % |
|
Total Debt Ratio |
1.16 |
1.23 |
1.31 |
Share
Capital Structure
|
|||
|
Issued Share Capital |
600.000 SEK |
|
|
|
Shareholders |
|
|
|
|
No shareholders data for this company. |
|
|
|
|
|
|
|
|
Current
Directors
|
|||
|
Name |
Appointment Date |
Position |
|
|
Uno Stefan Palm |
13/11/2015 |
Managing Director |
|
|
Inga Maria Palm |
01/11/2003 |
Substitute |
|
|
|
|
|
|
Previous
Directors
|
|||
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Uno Stefan Palm |
01/11/2003 |
Managing Director |
25/08/2014 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.80 |
|
|
1 |
Rs.100.49 |
|
Euro |
1 |
Rs.72.52. |
|
SEK |
1 |
Rs.7.86 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
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.