MIRA INFORM REPORT
|
Report No. : |
356483 |
|
Report Date : |
23.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
STAYHARD AKTIEBOLAG |
|
|
|
|
Registered Office : |
Box 961, 50110 Borås |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
25.06.2010 |
|
|
|
|
Com. Reg. No.: |
5567138077 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
LINE OF BUSINESS : |
|
|
|
|
|
No. of Employee : |
38 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
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 |
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 |
Company
Summary
|
Business Name |
STAYHARD AKTIEBOLAG |
|
Country |
SWEDEN |
|
Company Registration Number |
5567138077 |
|
Activity Code |
47911 |
|
Activity Description |
Non-specialised retail sale via mail order houses or via
Internet |
|
Company Status |
Active (Active) |
|
Latest Turnover Figure |
115.442.000 SEK |
|
Latest Shareholder Equity Figure |
9.896.000 SEK |
Basic
Information
|
Business Name |
Stayhard Aktiebolag |
|
Registered Company Name |
Stayhard Aktiebolag |
|
Company Registration Number |
5567138077 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556713807701 |
|
Date of Company Registration |
25/10/2006 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active (Active) |
|
Currency of this Report |
SEK |
|
Principal Activity Code |
No code |
|
Principal Activity Description |
Bolaget har till föremål för sin verksamhet att bedriva
e-handel och handel med kläder, skor, accessoarer och |
|
|
grooming-produkter främst riktat mot män och att bedriva
därmed förenlig verksamhet. |
|
Contact Address |
Box 961, 50110 BORÅS |
|
Contact Telephone Number |
033-160000 |
Main
Address
|
Address |
Box 961, 50110 BORÅS |
|
Country |
SWEDEN |
|
Telephone |
033-160000 |
Other
Addresses
|
Address |
Country |
|
Södra Hamngatan 51, 41106 |
SWEDEN |
Activities
|
Activity Code |
Activity Description |
|
47911 |
Non-specialised retail sale via mail order houses or via
Internet |
|
47712 |
Retail sale of men''s clothing in specialised stores |
Email
Addresses
No email addresses for this company
Web
Pages
No websites for this company
Employee
Information
|
Year |
Number
of Employees |
|
2014 |
38 |
|
2013 |
31 |
|
2012 |
33 |
|
2011 |
22 |
|
2010 |
16 |
Advisors
Auditor Name Deloitte
AB
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 |
47911 |
|
Activity Description |
Non-specialised retail sale via mail order houses or via
Internet |
|
Industry Average Credit Rating |
66 (1 - 100) |
|
Industry Average Credit Limit |
247.000 |
Event
History
|
Event Date |
Event Description |
|
05/12/2015 |
Limit, decrease |
|
06/11/2015 |
Group Structure Change |
|
|
Event Description |
|
28/10/2015 |
Company representatives, changed |
|
28/10/2015 |
Authorised signatories amended or new/amended vacancy text |
|
23/10/2015 |
Group Structure Change |
|
21/09/2015 |
Group Structure Change |
|
07/09/2015 |
Group Structure Change |
|
20/08/2015 |
Company mortgage, changed |
|
19/08/2015 |
Group Structure Change |
|
03/08/2015 |
Group Structure Change |
|
22/07/2015 |
Limit, decrease |
|
22/07/2015 |
Annual account, new |
|
13/07/2015 |
Annual report (PDF), new |
|
07/04/2015 |
Phone number, changed |
|
18/03/2015 |
Address, changed |
|
25/08/2014 |
Group Structure Change |
|
23/08/2014 |
Authorised signatories amended or new/amended vacancy text |
|
23/08/2014 |
Limit, increase |
|
23/08/2014 |
Company representatives, changed |
|
20/08/2014 |
Group Structure Change |
|
01/08/2014 |
Annual account, new |
|
31/07/2014 |
Authorised signatories amended or new/amended vacancy text |
|
31/07/2014 |
Company representatives, changed |
|
31/07/2014 |
Limit, decrease |
|
28/07/2014 |
Annual report (PDF), new |
|
08/05/2014 |
Company business activity, changed |
|
30/08/2013 |
Group Structure Change |
|
14/08/2013 |
Annual account, new |
|
14/08/2013 |
Limit, increase |
|
05/08/2013 |
Group Structure Change |
|
02/08/2013 |
Group Structure Change |
|
23/07/2013 |
Annual report (PDF), new |
|
19/07/2013 |
Company representatives, changed |
|
19/07/2013 |
Authorised signatories amended or new/amended vacancy text |
|
27/06/2013 |
Limit, increase |
|
12/07/2012 |
Annual account, new |
|
12/07/2012 |
Limit, increase |
|
22/06/2012 |
Annual report (PDF), new |
|
29/12/2011 |
Board, changed |
|
13/09/2011 |
Company business activity, changed |
|
13/09/2011 |
Company representatives, changed |
|
13/09/2011 |
Board, changed |
|
13/09/2011 |
Authorised signatories amended or new/amended vacancy text |
|
18/07/2011 |
Limit, increase |
|
18/07/2011 |
Annual account, new |
|
12/07/2011 |
Annual report (PDF), new |
|
24/04/2011 |
Limit, increase |
|
22/04/2011 |
Limit, increase |
|
17/04/2011 |
Limit, decrease |
|
14/04/2011 |
Limit, decrease |
|
31/12/2010 |
Limit, increase |
|
24/12/2010 |
Limit, decrease |
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 |
115.838.000 |
104.167.000 |
100.861.000 |
|
Operating Costs |
129.013.000 |
101.773.000 |
99.830.000 |
|
Operating Profit |
-13.175.000 |
2.394.000 |
1.031.000 |
|
Wages & Salaries |
-19.747.000 |
-16.365.000 |
-17.227.000 |
|
Depreciation |
-2.001.000 |
-2.438.000 |
-2.045.000 |
|
Financial Income |
19.000 |
36.000 |
20.000 |
|
Financial Expenses |
-468.000 |
-853.000 |
-816.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
- |
- |
- |
|
Profit before Tax |
-13.624.000 |
1.577.000 |
236.000 |
|
Tax |
1.189.000 |
-172.000 |
-33.000 |
|
Profit after Tax |
-12.435.000 |
1.405.000 |
203.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
8.156.000 |
-846.000 |
-196.000 |
|
Retained Profit |
-4.279.000 |
559.000 |
7.000 |
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 |
891.000 |
1.593.000 |
2.224.000 |
|
Total Tangible Assets |
891.000 |
1.593.000 |
2.224.000 |
|
Goodwill |
- |
- |
- |
|
Other Intangible Assets |
2.179.000 |
3.361.000 |
4.814.000 |
|
Total Intangible Assets |
2.179.000 |
3.361.000 |
4.814.000 |
|
Loans To Group |
- |
- |
- |
|
|
- |
- |
- |
|
Miscellaneous Fixed Assets |
1.210.000 |
300.000 |
300.000 |
|
Total Other Fixed Assets |
1.210.000 |
300.000 |
300.000 |
|
TOTAL FIXED ASSETS |
4.280.000 |
5.255.000 |
7.338.000 |
|
Work In Progress |
- |
- |
- |
|
Other Inventories |
16.764.000 |
10.744.000 |
14.745.000 |
|
Total Inventories |
16.764.000 |
10.744.000 |
14.745.000 |
|
Trade Receivables |
2.666.000 |
5.393.000 |
4.768.000 |
|
Group Receivables |
477.000 |
18.087.000 |
12.641.000 |
|
Miscellaneous Receivables |
1.408.000 |
2.044.000 |
2.545.000 |
|
Total Receivables |
4.551.000 |
25.524.000 |
19.954.000 |
|
Cash |
5.603.000 |
5.913.000 |
4.438.000 |
|
Other Current Assets |
- |
- |
- |
|
TOTAL CURRENT ASSETS |
26.917.000 |
42.181.000 |
39.137.000 |
|
TOTAL ASSETS |
31.197.000 |
47.436.000 |
46.475.000 |
|
Trade Payables |
6.102.000 |
8.114.000 |
5.089.000 |
|
Bank Liabilities |
- |
17.321.000 |
15.765.000 |
|
Group Payables |
483.000 |
272.000 |
288.000 |
|
Miscellaneous Liabilities |
13.713.000 |
8.109.000 |
7.626.000 |
|
TOTAL CURRENT LIABILITIES |
20.298.000 |
33.816.000 |
28.768.000 |
|
Bank Liabilities Due After 1 Year |
- |
526.000 |
5.347.000 |
|
Other Loans Or Finance Due After 1 Year |
- |
- |
- |
|
Group Payables Due After 1 Year |
- |
- |
- |
|
Miscellaneous Liabilities Due After 1 Year |
1.003.000 |
4.419.000 |
4.244.000 |
|
TOTAL LONG TERM LIABILITIES |
1.003.000 |
4.945.000 |
9.591.000 |
|
TOTAL LIABILITIES |
21.301.000 |
38.761.000 |
38.359.000 |
|
Called Up Share Capital |
100.000 |
100.000 |
100.000 |
|
Share Premium |
- |
- |
- |
|
Revenue Reserves |
4.296.000 |
8.575.000 |
8.016.000 |
|
Other Reserves |
5.500.000 |
- |
- |
|
TOTAL SHAREHOLDERS EQUITY |
9.896.000 |
8.675.000 |
8.116.000 |
Other
Financials
|
Financial Year |
2014 |
2013 |
2012 |
|
Contingent Liabilities |
- |
- |
- |
|
Working Capital |
6.619.000 |
8.365.000 |
10.369.000 |
|
Net Worth |
7.717.000 |
5.314.000 |
3.302.000 |
Ratios
|
Financial Year |
2014 |
2013 |
2012 |
|
Pre-Tax Profit Margin (%) |
-11.76 |
1.51 |
0.23 |
|
Return On Capital Employed (%) |
-26.46 |
1.94 |
0.31 |
|
Return On Total Assets Employed (%) |
-43.67 |
3.32 |
0.51 |
|
Return On Net Assets Employed (%) |
-137.67 |
18.18 |
2.91 |
|
Sales/Net Working Capital |
17.50 |
12.45 |
9.73 |
|
Stock Turnover Ratio (%) |
14.47 |
10.31 |
14.62 |
|
Debtor Days |
8.40 |
18.90 |
17.25 |
|
Creditor Days |
19.23 |
28.43 |
18.42 |
|
Current Ratio |
1.33 |
1.25 |
1.36 |
|
Liquidity Ratio/Acid Test |
0.50 |
0.93 |
0.85 |
|
Current Debt Ratio |
2.05 |
3.90 |
3.54 |
|
Gearing (%) |
0.00 |
205.73 |
260.13 |
|
Equity In Percentage (%) |
35.59 |
19.82 |
19.62 |
|
Total Debt Ratio |
2.15 |
4.47 |
4.73 |
Share
Capital Structure
|
Issued Share Capital |
100.000 SEK |
Shareholders
No shareholders data for this company.
Current
Directors
|
Name |
Appointment Date |
Position |
|
Hans Bertil Ohlsson |
27/10/2015 |
Chairman of Board |
|
Leif Karl-Axel Johansson |
27/10/2015 |
Actual Member of Board |
|
Ulf Johan Stigson |
27/10/2015 |
Actual Member of Board |
Previous
Directors
|
Name |
Appointment
Date |
Position |
Resignation
Date |
|
Bo Anders Halvarsson |
22/08/2014 |
Actual
Member of Board |
27/10/2015 |
|
Joakim Naumburg |
29/10/2008 |
Managing
Director |
27/10/2015 |
|
Carl Magnus Boström |
22/08/2014 |
Substitute |
27/10/2015 |
|
Ulf Johan Stigson |
22/08/2014 |
Substitute |
27/10/2015 |
|
Catrin Margareta Folkesson |
18/07/2013 |
Actual
Member of Board |
22/08/2014 |
|
Åke Gunnar Hellqvist |
18/07/2013 |
Actual
Member of Board |
22/08/2014 |
|
Johan Vilhelm Schottenius |
18/07/2013 |
Actual
Member of Board |
22/08/2014 |
|
Börje Ingvar Toftgård |
10/09/2011 |
Substitute |
18/07/2013 |
|
Daniel Claes Möller |
29/10/2008 |
Actual
Member of Board |
10/09/2011 |
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 |
|
Number Of Applications |
1 |
|
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.66.30 |
|
|
1 |
Rs.98.71 |
|
Euro |
1 |
Rs.72.33 |
|
SEK |
1 |
Rs.7.81 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
ANK |
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.