|
Report No. : |
306214 |
|
Report Date : |
09.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
SCANDIDOS AB |
|
|
|
|
Registered Office : |
|
|
|
|
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Country : |
|
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
10.07.2001 |
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|
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Com. Reg. No.: |
5566130927 |
|
|
|
|
Legal Form : |
Limited Liability Company |
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|
|
|
Line of Business : |
The company will develop, manufacture and marketing of medical
equipment, mainly in radiotherapy and dosimetry, and related business. |
|
|
|
|
No. of Employees : |
20 [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 |
|
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 – 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. It has a modern distribution system, excellent internal and external
communications, and a highly skilled labor force. In September 2003, Swedish
voters turned down entry into the euro system concerned about the impact on the
economy 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, of which the
engineering sector accounts for about 50% of output and exports. Agriculture
accounts for little more than 1% of GDP and of employment. Until 2008, Sweden was
in the midst of a sustained economic upswing, boosted by increased domestic
demand and strong exports. This, and robust finances, offered the center-right
government considerable scope to implement its reform program aimed at
increasing employment, reducing welfare dependence, and streamlining the
state's role in the economy. Despite strong finances and underlying
fundamentals, the Swedish economy slid into recession in the third quarter of
2008 and the contraction continued in 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 slipped in 2013, as a result of continued economic weakness in the EU -
Sweden’s main export market.
|
Source
: CIA |
Company Summary |
|
|
Business Name |
ScandiDos AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5566130927 |
|
Activity Code |
72190 |
|
Activity Description |
Other research and experimental development on natural sciences and
engineering |
|
Company Status |
Active (Active) |
|
Latest Turnover Figure |
41.928.000 SEK |
|
Latest Shareholder Equity Figure |
39.855.000 SEK |
|
|
|
Basic Information |
|
|
Business Name |
ScandiDos AB |
|
Registered Company Name |
ScandiDos AB |
|
Company Registration Number |
5566130927 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556613092701 |
|
Date of Company Registration |
10/07/2001 |
|
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 develop, manufacture and marketing of medical
equipment, mainly in radiotherapy and dosimetry, and related business. |
|
Contact Address |
Uppsala Science Park, 75183 Uppsala |
|
Contact Telephone Number |
018-4723032 |
Main Address |
|
|
|
Address |
Country |
Telephone |
|
Uppsala Science Park, 75183 UPPSALA |
SWEDEN |
018-4723032 |
|
Address |
Country |
|
No other addresses for this company |
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|
|
|
Activities |
|
|
Activity Code |
Activity
Description |
|
72190 |
Other research and experimental development on natural sciences and
engineering |
No email addresses for this company
www.scandidos.se
|
Year |
Number of
Employees |
|
2014 |
20 |
|
2013 |
24 |
|
2012 |
18 |
|
2011 |
15 |
|
2010 |
13 |
|
|
|
Advisors |
|
|
Auditor Name |
Per Gustaf Hammar |
|
|
|
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 |
72190 |
|
Activity Description |
Other research and experimental development on natural sciences and
engineering |
|
|
|
Event History |
|
|
Event Date |
Event
Description |
|
13/11/2014 |
Company representatives, changed |
|
13/11/2014 |
Authorized signatories amended or new/amended vacancy text |
|
10/11/2014 |
Group Structure Change |
|
Event Date |
Event Description |
|
07/11/2014 |
Limit, increase |
|
07/11/2014 |
Group annual accout, new |
|
07/11/2014 |
Annual account, new |
|
31/10/2014 |
Annual report (PDF), new |
|
17/04/2014 |
Share capital, new issue |
|
15/04/2014 |
Share capital, new issue |
|
15/03/2014 |
Limit, increase |
|
04/03/2014 |
Certificate, deregistered |
|
04/03/2014 |
Certificate, registered |
|
01/03/2014 |
Limit, decrease |
|
07/02/2014 |
Share capital, new issue |
|
07/02/2014 |
Company representatives, changed |
|
23/10/2013 |
Group Structure Change |
|
21/10/2013 |
Group annual accout, new |
|
21/10/2013 |
Limit, decrease |
|
21/10/2013 |
Annual account, new |
|
15/10/2013 |
Annual report (PDF), new |
|
16/07/2013 |
Authorised signatories amended or new/amended vacancy text |
|
16/07/2013 |
Company representatives, changed |
|
03/07/2013 |
Share capital, new issue |
|
31/10/2012 |
Group annual accout, new |
|
31/10/2012 |
Limit, increase |
|
31/10/2012 |
Annual account, new |
|
15/10/2012 |
Annual report (PDF), new |
|
16/02/2012 |
Authorised signatories amended or new/amended vacancy text |
|
16/02/2012 |
Company representatives, changed |
|
16/02/2012 |
Board, changed |
|
29/12/2011 |
Annual report (PDF), new |
|
27/12/2011 |
Group annual accout, new |
|
27/12/2011 |
Annual account, new |
|
25/11/2011 |
Annual report (PDF), new |
|
25/11/2011 |
Annual account, new |
|
25/11/2011 |
Group annual accout, new |
|
20/10/2011 |
Certificate, registered |
|
04/10/2011 |
Authorised signatories amended or new/amended vacancy text |
|
04/10/2011 |
Company representatives, changed |
|
04/10/2011 |
Board, changed |
|
26/09/2011 |
Group annual accout, new |
|
26/09/2011 |
Annual account, new |
|
26/09/2011 |
Limit, increase |
|
20/09/2011 |
Annual report (PDF), new |
|
29/03/2011 |
Fax number, removed |
|
29/03/2011 |
Phone number, changed |
|
02/12/2010 |
Group annual accout, new |
|
Event Date |
Event Description |
|
02/12/2010 |
Annual account,
new |
|
02/12/2010 |
Limit, increase |
|
30/11/2010 |
Limit, increase |
|
30/11/2010 |
Company
representatives, changed |
|
30/11/2010 |
Board, changed |
|
30/11/2010 |
Authorized
signatories amended or new/amended vacancy text |
|
22/11/2010 |
Annual report
(PDF), new |
|
17/11/2010 |
Board, changed |
|
17/11/2010 |
Limit, decrease |
|
17/11/2010 |
Authorized
signatories amended or new/amended vacancy text |
|
17/11/2010 |
Company
representatives, changed |
|
05/03/2010 |
Company
representatives, changed |
|
05/03/2010 |
Board, changed |
|
05/03/2010 |
Authorized signatory,
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 |
42.119.000 |
43.193.000 |
31.925.000 |
|
Operating Costs |
46.123.000 |
44.758.000 |
31.568.000 |
|
Operating Profit |
-4.004.000 |
-1.565.000 |
357.000 |
|
Wages & Salaries |
-20.067.000 |
-18.160.000 |
-14.548.000 |
|
Depreciation |
-283.000 |
-261.000 |
-946.000 |
|
Financial Income |
1.000 |
1.000 |
91.000 |
|
Financial Expenses |
-529.000 |
-676.000 |
-308.000 |
|
Extraordinary Income |
0 |
0 |
0 |
|
Extraordinary Costs |
0 |
0 |
0 |
|
Profit before Tax |
-4.532.000 |
-2.240.000 |
140.000 |
|
Tax |
0 |
0 |
0 |
|
Profit after Tax |
-4.532.000 |
-2.240.000 |
140.000 |
|
Minority Interests |
0 |
0 |
0 |
|
Other Appropriations |
0 |
0 |
0 |
|
Retained Profit |
-4.532.000 |
-2.240.000 |
140.000 |
|
|
|
|
|
Balance Sheet |
|
|
|
|
Financial Year |
2014 |
2013 |
2012 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
No |
No |
No |
|
Land & Buildings |
0 |
0 |
0 |
|
Plant & Machinery |
0 |
845.000 |
656.000 |
|
Other Tangible Assets |
621.000 |
0 |
0 |
|
Total Tangible Assets |
621.000 |
845.000 |
656.000 |
|
Goodwill |
0 |
0 |
0 |
|
Other Intangible Assets |
21.819.000 |
15.584.000 |
9.162.000 |
|
Total Intangible Assets |
21.819.000 |
15.584.000 |
9.162.000 |
|
Loans To Group |
0 |
0 |
0 |
|
Other Loans |
0 |
0 |
0 |
|
Miscellaneous Fixed Assets |
316.000 |
0 |
0 |
|
Total Other Fixed Assets |
316.000 |
0 |
0 |
|
TOTAL FIXED ASSETS |
22.756.000 |
16.429.000 |
9.818.000 |
|
Work In Progress |
0 |
0 |
0 |
|
Other Inventories |
8.161.000 |
5.001.000 |
6.081.000 |
|
Total Inventories |
8.161.000 |
5.001.000 |
6.081.000 |
|
Trade Receivables |
2.841.000 |
2.731.000 |
3.191.000 |
|
Group Receivables |
849.000 |
1.847.000 |
2.181.000 |
|
Miscellaneous Receivables |
2.020.000 |
1.866.000 |
1.785.000 |
|
Total Receivables |
5.710.000 |
6.444.000 |
7.157.000 |
|
Cash |
15.171.000 |
153.000 |
270.000 |
|
Other Current Assets |
0 |
0 |
0 |
|
TOTAL CURRENT ASSETS |
29.042.000 |
11.598.000 |
13.508.000 |
|
TOTAL ASSETS |
51.798.000 |
28.027.000 |
23.326.000 |
|
Trade Payables |
3.800.000 |
1.973.000 |
1.663.000 |
|
Bank Liabilities |
0 |
6.685.000 |
1.397.000 |
|
Group Payables |
65.000 |
0 |
0 |
|
Miscellaneous Liabilities |
8.078.000 |
8.212.000 |
6.119.000 |
|
TOTAL CURRENT LIABILITIES |
11.943.000 |
16.870.000 |
9.179.000 |
|
Bank Liabilities Due After 1 Year |
0 |
0 |
0 |
|
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 |
0 |
1.250.000 |
2.000.000 |
|
TOTAL LONG TERM LIABILITIES |
0 |
1.250.000 |
2.000.000 |
|
TOTAL LIABILITIES |
11.943.000 |
18.120.000 |
11.179.000 |
|
Called Up Share Capital |
183.000 |
183.000 |
183.000 |
|
Share Premium |
55.843.000 |
21.779.000 |
21.779.000 |
|
Revenue Reserves |
-16.587.000 |
-18.050.000 |
-15.810.000 |
|
Other Reserves |
416.000 |
5.995.000 |
5.995.000 |
|
TOTAL SHAREHOLDERS EQUITY |
39.855.000 |
9.907.000 |
12.147.000 |
|
|
|
|
|
Other Financials |
|
|
|
|
Contingent Liabilities |
0 |
0 |
0 |
|
Working Capital |
17.099.000 |
-5.272.000 |
4.329.000 |
|
Net Worth |
18.036.000 |
-5.677.000 |
2.985.000 |
|
Pre-Tax Profit Margin |
-10.76 % |
-5.19 % |
0.44 % |
|
Return On Capital Employed |
-7.11 % |
-4.99 % |
0.43 % |
|
Return On Total Assets Employed |
-8.75 % |
-7.99 % |
0.60 % |
|
Return On Net Assets Employed |
-11.37 % |
-22.61 % |
1.15 % |
|
Sales/Net Working Capital |
2.46 |
-8.19 |
7.37 |
|
Stock Turnover Ratio |
19.38 % |
11.58 % |
19.05 % |
|
Debtor Days |
24.62 |
23.08 |
36.48 |
|
Creditor Days |
32.93 |
16.67 |
19.01 |
|
Current Ratio |
2.43 |
0.69 |
1.47 |
|
Liquidity Ratio/Acid Test |
1.75 |
0.39 |
0.81 |
|
Current Debt Ratio |
0.30 |
1.70 |
0.76 |
|
Gearing |
0 |
80.09 % |
27.97 % |
|
Equity In Percentage |
134.36 % |
79.62 % |
85.76 % |
|
Total Debt Ratio |
0.30 |
1.83 |
0.92 |
|
Issued Share Capital |
598.553 SEK |
No shareholders data for this company.
|
Name |
Appointment
Date |
Position |
|
Anders Per-Olof Carendi |
15/02/2012 |
Actual Member of Board |
|
Görgen Ingmar Fredrik Nilsson |
29/09/2005 |
Actual Member of Board |
|
Anders Johan Einar Qvarnström |
15/07/2013 |
Foreign Resident outside the EEA |
|
Jan Torkel Furuvald |
03/10/2011 |
Actual Member of Board |
|
Kenth Gunnar Bergström |
12/11/2014 |
Actual Member of Board |
Previous Directors |
|||
|
Name |
Appointment
Date |
Position |
Resignation
Date |
|
Paul Ingemar Wiberg |
29/09/2005 |
Executive Vice President |
12/11/2014 |
|
Kenth Gunnar Bergström |
18/08/2008 |
Substitute |
12/11/2014 |
|
Anders Johan Einar Qvarnström |
03/10/2011 |
Chairman of Board |
15/02/2012 |
|
Hedvig Kristina Torsdotter Andersén |
29/11/2010 |
Actual Member of Board |
03/10/2011 |
|
Öjvind Kåre Norberg |
21/11/2008 |
Chairman of Board |
03/10/2011 |
|
Nils Gösta Franzén |
18/08/2008 |
Substitute |
03/10/2011 |
|
Tor Jörgen Lönngren |
29/05/2009 |
Actual Member of Board |
29/11/2010 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.74 |
|
|
1 |
Rs.94.65 |
|
Euro |
1 |
Rs.70.79 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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.