MIRA INFORM REPORT

Report No. :	354795
Report Date :	16.12.2015

IDENTIFICATION DETAILS

Name :	ALFA LAVAL LUND AB

Registered Office :	Box 74, 22100 Lund

Country :	Sweden

Financials (as on) :	2014

Date of Incorporation :	08.02.1919

Com. Reg. No.:	5560168642

Legal Form :	Limited liability company

Line of Business :	Manufacture of non-domestic cooling and ventilation equipment

Employees:	0

RATING & COMMENTS

MIRA’s Rating :

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 – March 31, 2015

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Sweden

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

Company Summary

Business Name	ALFA LAVAL LUND AB
Country	SWEDEN
Company Registration Number	5560168642
Activity Code	28250
Activity Description	Manufacture of non-domestic cooling and ventilation equipment
Company Status	Commission (Other)
Latest Turnover Figure	-
Latest Shareholder Equity Figure	106.000 SEK

Basic Information

Business Name	ALFA LAVAL LUND AB
Registered Company Name	ALFA LAVAL LUND AB
Company Registration Number	5560168642
Country	SWEDEN
VAT Registration Number	SE556016864201
Date of Company Registration	08/02/1919
Legal Form	Limited liability company
Company Status	Commission (Other)
Currency of this Report	SEK
Principal Activity Code	No code
Principal Activity Description	The Company shall, directly or through ownership in other companies carry out mechanical workshop business, sheet metal processing and trade, own and manage real and movable property and exercise related business.
Contact Address	Box 74, 22100 LUND
Contact Telephone Number	046-366500
Main Address
Address	Box 74, 22100 LUND
Country	SWEDEN
Telephone	046-366500

Other Addresses

Address	Country
Metallgatan 2, 37238	SWEDEN
Hans Stahles Väg 7, 14741	SWEDEN
Västanvägen 27, 24542	SWEDEN
Activities
Activity Code	Activity Description
28250	Manufacture of non-domestic cooling and ventilation equipment

Email Addresses

No email addresses for this company

Web Pages

www.alfalaval.com

Employee Information

Year	Number of Employees
2014	0
2013	0
2012	0
2011	0
2010	0

Advisors

Auditor Name

John David Bertil Olow

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	28250
Activity Description	Manufacture of non-domestic cooling and ventilation equipment
Industry Average Credit Rating	77 (1 - 100)
Industry Average Credit Limit	2.908.000

Event History

Event Date	Event Description
07/09/2015	Group Structure Change
14/07/2015	Group Structure Change
08/07/2015	Annual account, new
01/07/2015	Annual report (PDF), new
26/06/2015	Group Structure Change
25/06/2015	Group Structure Change
22/06/2015	Group Structure Change
18/06/2015	Group Structure Change
10/06/2015	Group Structure Change
05/06/2015	Group Structure Change
04/06/2015	Group Structure Change
22/05/2015	Group Structure Change
12/05/2015	Group Structure Change
08/10/2014	Certificate, registered
30/09/2014	Certificate, deregistered
30/09/2014	Group Structure Change
04/09/2014	Group Structure Change
07/08/2014	Group Structure Change
05/08/2014	Group Structure Change
11/07/2014	Group Structure Change
04/07/2014	Group Structure Change
03/07/2014	Group Structure Change
27/06/2014	Group Structure Change
23/06/2014	Group Structure Change
16/06/2014	Annual account, new
11/06/2014	Group Structure Change
10/06/2014	Annual report (PDF), new
06/06/2014	Group Structure Change
28/05/2014	Company representatives, changed
14/05/2014	Group Structure Change
09/05/2014	Group Structure Change
09/09/2013	Group Structure Change
23/08/2013	Group Structure Change
26/06/2013	Group Structure Change
24/06/2013	Group Structure Change
19/06/2013	Group Structure Change
17/06/2013	Group Structure Change
11/06/2013	Group Structure Change
22/05/2013	Group Structure Change
14/05/2013	Annual account, new
08/05/2013	Company representatives, changed
08/05/2013	Authorised signatories amended or new/amended vacancy text
08/05/2013	Annual report (PDF), new
02/05/2012	Annual report (PDF), new
02/05/2012	Annual account, new
06/09/2011	Certificate, registered
22/07/2011	Annual account, new
14/07/2011	Annual report (PDF), new
29/03/2011	Fax number, changed

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	-	-	-
Operating Costs	-	-	-
Operating Profit	-	-	-
Wages & Salaries	-	-	-
Depreciation	-	-	-
Financial Income	-	-	-
Financial Expenses	-	-	-
Extraordinary Income	-	-	-
Extraordinary Costs	-	-	-
Profit before Tax	-	-	-
Tax	-	-	-
Profit after Tax	-	-	-
Minority Interests	-	-	-
Other Appropriations	-	-	-
Retained Profit	-	-	-

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	-	-		-
Total Tangible Assets	-	-		-
Goodwill	-	-		-
Other Intangible Assets	-	-		-
Total Intangible Assets	-	-		-
Loans To Group	106.000	106.000		106.000
Other Loans	-	-		-
Miscellaneous Fixed Assets	-	-		-
Total Other Fixed Assets	106.000		106.000	106.000
TOTAL FIXED ASSETS	106.000		106.000	106.000
Work In Progress	-		-	-
Other Inventories	-		-	-
Total Inventories	-		-	-
Trade Receivables	-		-	-
Group Receivables	-		-	-
Miscellaneous Receivables	-		-	-
Total Receivables	-		-	-
Cash	-		-	-
Other Current Assets	-		-	-
TOTAL CURRENT ASSETS	-		-	-
TOTAL ASSETS	106.000		106.000	106.000
Trade Payables	-		-	-
Bank Liabilities	-		-	-
Group Payables	-		-	-
Miscellaneous Liabilities	-		-	-
TOTAL CURRENT LIABILITIES	-		-	-
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	-		-	-
TOTAL LONG TERM LIABILITIES	-		-	-
TOTAL LIABILITIES	-		-	-
Called Up Share Capital	100.000		100.000	100.000
Share Premium	-		-	-
Revenue Reserves	6.000		6.000	-
Other Reserves	-		-	6.000
TOTAL SHAREHOLDERS EQUITY	106.000		106.000	106.000

Other Financials

Financial Year	2014	2013	2012
Contingent Liabilities	-	-	-
Working Capital	-	-	-
Net Worth	106.000	106.000	106.000
Ratios
Financial Year	2014	2013	2012
Return On Capital Employed (%)	0.00	0.00	0.00
Return On Total Assets Employed (%)	0.00	0.00	0.00
Return On Net Assets Employed (%)	0.00	0.00	0.00
Current Debt Ratio	0.00	0.00	0.00
Gearing (%)	0.00	0.00	0.00
Total Debt Ratio	0.00	0.00	0.00

Share Capital Structure

Issued Share Capital 100.000 SEK

Shareholders

No shareholders data for this company.

Current Directors

Name	Appointment Date	Position
Lars Sture Renström	27/10/2004	Actual Member of Board
Nils Arne Ingmar Hermansson	24/06/2008	Actual Member of Board
Thure Bo Thomas Thuresson	05/08/1993	Actual Member of Board

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

Debt Balance

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	4

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.67.04
UK Pound	1	Rs.101.67
Euro	1	Rs.73.93
SEK	1	Rs.7.86

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	HEE

Report Prepared by :	SDA

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%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.