MIRA INFORM REPORT
|
Report No. : |
309480 |
|
Report Date : |
25.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
VOLVO CONSTRUCTION EQUIPMENT AB |
|
|
|
|
Registered Office : |
63185 Eskilstuna, Södermanland |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
01.06.1923 |
|
|
|
|
Com. Reg. No.: |
5560219338 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Manufacture of machinery for mining, quarrying
and construction |
|
|
|
|
No. of Employee : |
3990 |
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 : |
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 |
REGISTERED
NAME & COMPANY SUMMARY
|
Company name |
Volvo Construction Equipment Ab |
Legal form |
Limited liability company |
|
Company number |
556021-9338 |
Share capital |
225,000,000 SEK |
|
Registration date |
1923-06-01 |
Status |
Active |
|
VAT number |
SE556021933801 |
E-mail address |
|
|
Address |
|
Web address |
www.volvoce.com |
|
City |
63185 Eskilstuna |
Turnover |
23,661,864 KSEK |
|
Registered county |
Södermanland |
Number of employees |
3,990 anställda |
|
Registered municipal |
Eskilstuna |
Number of group companies |
140 companies |
|
Phone |
016-151000 |
Units |
4 units |
DIRECTORS/MANAGEMENT
|
Directors |
|
|
|
|
|
NAME |
FUNCTION |
SSN |
START DATE |
COMPANY ENGAGEMENT |
|
Weissburg, Martin Paul |
Ledamot |
620506-0000 |
2014-01-17 |
|
|
|
Ordförande |
|
2014-01-17 |
|
|
|
Utlandsbosatt utanför EES |
|
2014-01-17 |
|
|
Nils Jörgen Svenning Svenningsson |
Ledamot |
19520130-2477 |
2009-06-08 |
(1) |
|
|
Verkställande direktör |
|
2009-06-08 |
|
|
Lars Arje Lewin |
Ledamot |
19610713-1630 |
2013-01-12 |
(1) |
|
Other positions |
|
|
|
|
|
NAME |
FUNCTION |
SSN |
START DATE |
COMPANY ENGAGEMENT |
|
Per Mikael Alm |
Extern firmatecknare |
19620112-5553 |
2006-02-01 |
(1) |
|
Mats Arne Andersson |
Extern firmatecknare |
19600115-1635 |
2012-04-23 |
(1) |
|
Nils Thomas Brandel |
Extern firmatecknare |
19510119-6292 |
2006-02-01 |
(1) |
|
Kjell Erik Carlsson |
Extern firmatecknare |
19511117-1632 |
2006-02-01 |
(1) |
|
Des Courieres, Jean-Marc Marie |
Extern firmatecknare |
590522-0000 |
2013-01-12 |
|
|
Martial |
Utlandsbosatt inom EES |
|
2013-01-12 |
|
|
Tomas Kuta |
Extern firmatecknare |
19641223-2032 |
2008-09-01 |
(1) |
|
Larsson, Anders Patrik |
Extern firmatecknare |
571227-1633 |
2013-01-12 |
|
|
|
Utlandsbosatt inom EES |
|
2013-01-12 |
|
|
Hakon Gunnar Jonas Olinder |
Extern firmatecknare |
19600913-5077 |
2006-02-27 |
(1) |
|
Wedekind, Eberhard Engelbert |
Extern firmatecknare |
580501-0000 |
2013-01-12 |
|
|
|
Utlandsbosatt inom EES |
|
2013-01-12 |
|
|
Auditors |
|
|
|
|
NAME |
FUNCTION |
SSN/CO. NO. |
START DATE |
|
Carl Johan Rippe |
Huvudansvarig revisor |
19680628-5117 |
2011-04-08 |
|
PricewaterhouseCoopers AB |
Revisor |
556067-4276 |
2003-12-01 |
|
Authorized signatory |
|
|
|
|
Board history |
|
|
|
|
|
||
|
Directors |
|
|
|
|
|
||
|
NAME |
FUNCTION |
SSN |
START DATE |
END DATE |
COMPANY |
||
|
|
|
|
|
|
ENGAGEMENT |
||
|
Olney, Gary Patrick |
Ledamot |
681209-0000 |
2011-05-31 |
2014-01-17 |
|
||
|
|
Ordförande |
|
2011-05-31 |
2014-01-17 |
|
||
|
|
Utlandsbosatt inom EES |
|
2011-05-31 |
2014-01-17 |
|
||
|
Sonny Liss-Erik Larsson |
Ledamot |
19540918-2770 |
2007-05-11 |
2013-01-12 |
|
||
|
|
Arbetstagarrepresentant |
|
2006-02-07 |
2013-01-12 |
|
||
|
Nikula, Ewa Maria |
Ledamot |
510218-0000 |
2010-06-24 |
2013-01-12 |
|
||
|
|
Utlandsbosatt inom EES |
|
2010-06-24 |
2013-01-12 |
|
||
|
Persson, Gert Krister |
Ledamot |
641118-0000 |
2007-09-12 |
2013-01-12 |
|
||
|
|
Utlandsbosatt inom EES |
|
2007-09-12 |
2013-01-12 |
|
||
|
Berth Rune Tulin |
Ledamot |
19510509-8254 |
2006-02-07 |
2013-01-12 |
(1) |
||
|
|
Arbetstagarrepresentant |
|
2006-02-07 |
2013-01-12 |
|
||
|
Bo Mårten Grothérus |
Suppleant |
19690902-6731 |
2012-04-23 |
2013-01-12 |
|
||
|
|
Arbetstagarrepresentant |
|
2012-04-23 |
2013-01-12 |
|
||
|
Karl Rune Herman Olsson |
Suppleant |
19520429-6270 |
2006-02-07 |
2013-01-12 |
(1) |
||
|
|
Arbetstagarrepresentant |
|
2006-02-07 |
2013-01-12 |
|
||
|
Christian Alexander Scott |
Suppleant |
19740903-1650 |
2011-04-08 |
2012-04-23 |
(1) |
||
|
|
Arbetstagarrepresentant |
|
2011-04-08 |
2012-04-23 |
|
||
|
Olof Erland Persson |
Ledamot |
19640622-4938 |
2008-11-26 |
2011-05-31 |
(4) |
||
|
|
Ordförande |
|
2008-11-26 |
2011-05-31 |
|
||
|
|
Utlandsbosatt inom EES |
|
2009-08-26 |
2011-05-31 |
|
||
|
Eva Ulrika Kihlander |
Suppleant |
19750603-3260 |
2009-06-08 |
2011-04-08 |
(1) |
||
|
|
Arbetstagarrepresentant |
|
2009-06-08 |
2011-04-08 |
|
||
|
Van Calck, Rohnny M. R. |
Ledamot |
610525-0000 |
2006-02-07 |
2010-06-24 |
|
||
NEGATIVE
INFORMATION
|
Distraint attempts and repossession |
|
No registered |
SHARE
& SHARE CAPITAL INFORMATION
N/a
PAYMENT
INFORMATION
|
Record of non-payment |
|
|
Distraint attempts and repossession |
0 pcs |
|
Public claims |
4 pcs |
|
Private claims |
13 pcs |
|
Applications for an order to pay |
2 pcs |
|
Reclaimed/Revoked applications |
12 pcs |
|
PAYE |
|
|
|
PERIOD |
AMOUNT (SEK) |
NOTIFICATION DATE |
|
2014-12 |
44044895 |
07/01/2015 |
|
2014-11 |
41882443 |
|
|
2014-10 |
42750290 |
|
GROUP
STRUCTURE & AFFILIATED COMPANIES
|
Ultimate Parent Company |
|
|
||
|
Name |
Company number |
|
||
|
Aktiebolaget Volvo |
5560125790 |
|
||
|
Group company name |
Aktiebolaget Volvo |
Legal form |
Limited liability company |
|
Company number |
556012-5790 |
Share capital |
2,554,104,264 SEK |
|
Safe number |
SE00557274 |
Registration date |
1915-05-05 |
|
VAT number |
SE556012579001 |
E-mail address |
|
|
Address |
|
Web address |
www.volvo.se |
|
City |
40508 GÖTEBORG |
Turnover |
272,622,000 KSEK |
|
Registered county |
VÄSTRA GÖTALAND |
Number of employees |
279 anställda |
|
Registered municipal |
GÖTEBORG |
Number of group companies |
140 companies |
|
Phone |
031-660000 |
Units |
1 units |
|
Fax |
|
Status |
Active |
|
Summary |
|
|
Group |
140 companies |
|
Linkages |
324 companies |
|
Countries |
in 48 countries |
|
Group structure |
|
|
|
|
COMPANY NAME |
REGISTRERED |
LATEST KEY |
TURNOVER |
|
|
NUMBER |
FINANCIALS |
|
|
Aktiebolaget Volvo |
5560125790 |
2013-12-31 |
659,000 KSEK |
|
Aktiebolaget Volvo Penta |
5560341330 |
2013-12-31 |
5,589,617 KSEK |
|
CPAC Systems AB |
5565662870 |
2013-12-31 |
374,820 KSEK |
|
Alviva AB |
5566228820 |
2013-12-31 |
106,290 KSEK |
|
Kommersiella Fordon Europa AB |
5560493388 |
2013-12-31 |
- |
|
KFAB International B.V. |
24188835 |
2012-12-31 |
- |
|
Rossareds Fastighets Aktiebolag |
5560091190 |
2013-12-31 |
1,853 KSEK |
|
Sotrof Aktiebolag |
5565194494 |
2013-12-31 |
- |
|
Volvo Group Real Estate Ak... |
5560068313 |
2013-12-31 |
118 KSEK |
|
Danabäck AB |
5563667947 |
2013-12-31 |
173,045 KSEK |
|
Södra Sörred Fastighet... |
5569553810 |
2013-12-31 |
- |
|
Gullkullen 2 Fastighet... |
5568923188 |
2013-12-31 |
- |
|
Danafjord Fastigheter Ak... |
5562824903 |
2013-12-31 |
300,609 KSEK |
FINANCIAL
INFORMATION
|
Debt balance at the Swedish Enforcement Authority |
|
No registered |
|
Annual Accounts |
|
|
|
|
|
|
ANNUAL ACCOUNTS (KSEK) |
1301-1312 |
|
1201-1212 |
|
1101-1112 |
|
Total net operating income |
25411980 |
-2.6 % |
26597567 |
3.2 % |
25733776 |
|
Operating profit/loss |
-189588 |
-108.0 % |
2378298 |
80.6 % |
1316889 |
|
Profit/loss after financial items |
-228819 |
-110.1 % |
2262667 |
84.9 % |
1223994 |
|
Net profit/loss |
452481 |
155.8 % |
176896 |
-78.1 % |
808535 |
|
Current assets |
6605476 |
-18.9 % |
8144241 |
12.5 % |
7241099 |
|
Total fixed assets |
3247658 |
-2.8 % |
3339686 |
-8.8 % |
3662685 |
|
Total current liabilities |
5659740 |
-26.6 % |
7712868 |
6.2 % |
7261114 |
|
Total long-term debts |
2206 |
80.4 % |
1223 |
181.8 % |
434 |
|
Untaxed reserves |
1309929 |
-6.3 % |
1397361 |
-9.6 % |
1545397 |
|
Total equity |
1221458 |
58.8 % |
768976 |
29.9 % |
592081 |
|
Total equity & liabilities |
9853134 |
-14.2 % |
11483927 |
5.3 % |
10903784 |
|
Number of employees |
3990 |
-3.1 % |
4116 |
-10.1 % |
4579 |
|
Floating Charge |
0 |
- |
0 |
- |
0 |
|
Auditor’s recommendation to adopt |
Yes |
|
Yes |
|
Yes |
|
Key ratios |
|
|
|
|
|
KEY RATIOS |
INDUSTRY 1 |
1301-1312 |
1201-1212 |
1101-1112 |
|
Net margin (%) |
|
-1 |
9.3 |
5.2 |
|
Rate of return (times) |
|
-3.9 |
19.2 |
12.1 |
|
Degree of debt (times) |
|
2.5 |
4.3 |
4.3 |
|
Equity Ratio (%) |
|
22.8 |
15.7 |
15.6 |
|
Consolidation (%) |
|
25.7 |
18.9 |
19.6 |
|
Current Ratio (%) |
|
80.8 |
70.4 |
57.9 |
|
Risk buffer (%) |
|
-2.6 |
19.2 |
10.8 |
|
Profit & Loss for year (KSEK) |
|
|
|
|
|
|
OPERATING INCOME |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
2009-12 |
|
Net sales |
23661864 |
24294819 |
23552121 |
17730176 |
9861134 |
|
Other operating incomes |
1750116 |
2302748 |
2181655 |
164847 |
189667 |
|
Cost of sold goods |
-22619766 |
-20089251 |
-19814899 |
-11174491 |
-11199508 |
|
Gross profit loss |
1042098 |
4205568 |
3737222 |
6555685 |
-1338374 |
|
Selling expenses |
-1037541 |
-1014292 |
-1537786 |
-2387159 |
-2347086 |
|
Admin costs |
-526965 |
-291892 |
-420123 |
-182568 |
-611660 |
|
Research and development costs |
-1349293 |
-2446076 |
-1654941 |
-2649426 |
-1251997 |
|
Item affecting comparability |
0 |
0 |
0 |
0 |
0 |
|
Other operating expenses |
-68003 |
-377758 |
-989138 |
-876683 |
-786054 |
|
Operating profit/loss |
-189588 |
2378298 |
1316889 |
624696 |
-6145504 |
|
RESULT FROM FINANCIAL INVESTMENTS |
|
|
|
|
|
|
Result from participations in group/associated companies |
0 |
0 |
0 |
0 |
0 |
|
External interest income |
210 |
0 |
145 |
10 |
388 |
|
Financial internal (group) income |
7503 |
8649 |
10854 |
6159 |
2521 |
|
Other financial incomes |
0 |
16 |
6358 |
0 |
0 |
|
Interest expenses, external |
-9666 |
-3445 |
-2517 |
-1188 |
-3725 |
|
Interest expenses, internal (group) |
-37278 |
-96337 |
-107735 |
-127058 |
-180900 |
|
Other financial costs |
0 |
-24516 |
0 |
-9615 |
-9811 |
|
Total finance investments |
-39231 |
-115633 |
-92895 |
-131692 |
-191527 |
|
Profit/loss after financial items |
-228819 |
2262667 |
1223994 |
493004 |
-6337031 |
|
Extraordinary incomes |
0 |
0 |
0 |
0 |
0 |
|
Extraordinary expenses |
0 |
0 |
0 |
0 |
0 |
|
Group contribute |
740000 |
-2160000 |
0 |
0 |
0 |
|
Shareholders contribution |
0 |
0 |
0 |
0 |
0 |
|
Appropriations |
87432 |
148036 |
-200138 |
148345 |
-107241 |
|
Tax |
-146132 |
-73807 |
-215321 |
-167386 |
1728987 |
|
Minority interest and profit |
0 |
0 |
0 |
0 |
0 |
|
Net profit/loss for year |
452481 |
176896 |
808535 |
473963 |
-4715285 |
|
Balance sheet (KSEK) |
|
|
|
|
|
||
|
ASSETS |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
2009-12 |
||
|
Subscribed capital unpaid |
0 |
0 |
0 |
0 |
0 |
||
|
FIXED ASSETS |
|
|
|
|
|
||
|
Capitalized expenditure for research and development |
0 |
0 |
0 |
0 |
0 |
||
|
Patents, licenses, etc |
83501 |
0 |
398437 |
656963 |
915489 |
||
|
Goodwill |
0 |
139958 |
206591 |
826363 |
1446135 |
||
|
Other intangible asses |
0 |
0 |
0 |
0 |
0 |
||
|
Total intangible assets |
83501 |
139958 |
605028 |
1483326 |
2361624 |
||
|
Land and buildings |
79319 |
73044 |
66469 |
70602 |
53778 |
||
|
Plant and machinery |
1720502 |
1835427 |
1900923 |
2108699 |
1987128 |
||
|
Equipment, tools, fixture and fittings |
0 |
0 |
0 |
0 |
0 |
||
|
Other material depriciation |
298528 |
0 |
0 |
0 |
0 |
||
|
Other tangible assets, non depreciation |
0 |
222588 |
245502 |
210977 |
288865 |
||
|
Total tangible assets |
2098349 |
2131059 |
2212894 |
2390278 |
2329771 |
||
|
Group share |
654085 |
654450 |
418930 |
228248 |
515890 |
||
|
Accounts receivable corporate group/interest group |
0 |
0 |
0 |
0 |
0 |
||
|
Loan co-owners |
0 |
0 |
0 |
0 |
0 |
||
|
Other financial assets |
411723 |
414219 |
425833 |
517992 |
241378 |
||
|
Total financial assets |
1065808 |
1068669 |
844763 |
746240 |
757268 |
||
|
Total fixed assets |
3247658 |
3339686 |
3662685 |
4619844 |
5448663 |
||
|
CURRENT ASSETS |
|
|
|
|
|
||
|
Work on contract |
0 |
0 |
0 |
0 |
0 |
||
|
Inventories |
2034748 |
2714616 |
3034772 |
2631193 |
2049554 |
||
|
Accounts receivable - trade |
912842 |
994919 |
1163728 |
1060457 |
777241 |
||
|
Accounts receivable corporate group/interest group |
3236281 |
4049793 |
2603248 |
4704681 |
8336215 |
||
|
Other accounts receivable |
307887 |
338018 |
382146 |
387614 |
416615 |
||
|
Short investments |
0 |
0 |
0 |
0 |
0 |
||
|
Cash and bank balances |
113718 |
46895 |
57205 |
25184 |
24853 |
||
|
Other current assets |
0 |
0 |
0 |
0 |
0 |
||
|
Current assets |
6605476 |
8144241 |
7241099 |
8809129 |
11604478 |
||
|
Total assets |
9853134 |
|
10903784 |
13428973 |
17053141 |
||
|
Equity and liabilities (KSEK) |
|
|
|
|
|
|
EQUITY |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
2009-12 |
|
Share capital |
225000 |
225000 |
225000 |
225000 |
225000 |
|
Share premium reserve |
0 |
0 |
0 |
0 |
0 |
|
Revaluation reserve |
0 |
0 |
0 |
0 |
0 |
|
Other stockholder equity |
45000 |
45000 |
45000 |
45000 |
45000 |
|
Profit or loss brought forward |
498977 |
322080 |
399546 |
3649859 |
3175803 |
|
Group contribution |
0 |
0 |
-886000 |
-1308760 |
4778930 |
|
Shareholders contibution |
0 |
0 |
0 |
0 |
0 |
|
Net profit/loss for year |
452481 |
176896 |
808535 |
473963 |
-4715285 |
|
Total equity |
1221458 |
768976 |
592081 |
3085062 |
3509448 |
|
Untaxed reserves |
1309929 |
1397361 |
1545397 |
1345259 |
1493604 |
|
Minority interest |
0 |
0 |
0 |
0 |
0 |
|
Provisions |
1659801 |
1603499 |
1504758 |
1384969 |
1416862 |
|
LONG-TERM LIABILITIES |
|
|
|
|
|
|
Bond loan |
0 |
0 |
0 |
0 |
0 |
|
Liabilities to credit institutions |
0 |
0 |
0 |
0 |
0 |
|
Liabilities to group/assiciated companies |
2206 |
1223 |
434 |
0 |
0 |
|
Other long-term liabilities |
0 |
0 |
0 |
5911 |
3104 |
|
Total long-term debts |
2206 |
1223 |
434 |
5911 |
3104 |
|
CURRENT LIABILITIES |
|
|
|
|
|
|
Liabilities to credit institutions |
0 |
0 |
0 |
0 |
0 |
|
Accounts payable - trade |
226993 |
2273097 |
3022419 |
2419198 |
1375978 |
|
Liabilities to group/assiciated companies |
2264933 |
4354832 |
3015688 |
3905907 |
8435511 |
|
Other short-term liabilities |
3167814 |
1084939 |
1223007 |
1282667 |
818634 |
|
Total current liabilities |
5659740 |
7712868 |
7261114 |
7607772 |
10630123 |
|
Total equity & liabilities |
9853134 |
|
10903784 |
13428973 |
17053141 |
|
Key ratios |
|
|
|
|
|
|
|||||
|
PROFITABILITY |
INDUSTRY 1 |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
2009-12 |
|||||
|
Net margin (%) |
-1 |
9.3 |
5.2 |
2.8 |
-64.3 |
||||||
|
Gross profit margin (%) |
4.4 |
17.3 |
15.9 |
37 |
-13.6 |
||||||
|
Operating margin (%) |
-0.8 |
9.8 |
5.6 |
3.5 |
-62.3 |
||||||
|
Risk buffer (%) |
-2.6 |
19.2 |
10.8 |
3 |
-37.8 |
||||||
|
TRADING PERFORMANCE |
|
|
|
|
|
||||||
|
Return on equity (%) |
-10.2 |
125.8 |
71.8 |
12.2 |
-138.2 |
||||||
|
Return on total capital (%) |
-1.8 |
20.8 |
12.2 |
4.7 |
-36 |
||||||
|
Rate of return (times) |
-3.9 |
19.2 |
12.1 |
4.6 |
-31.6 |
||||||
|
Return on working capital (%) |
-3.7 |
76.9 |
41.9 |
14.4 |
-97.4 |
||||||
|
Return on operational capital (%) |
0 |
0 |
0 |
0 |
0 |
||||||
|
SHORT TERM LIQUIDITY |
|
|
|
|
|
||||||
|
Current Ratio (%) |
80.8 |
70.4 |
57.9 |
81.2 |
89.9 |
||||||
|
Balance liquidity (%) |
116.7 |
105.6 |
99.7 |
115.8 |
109.2 |
||||||
|
Working capital (KSEK) |
945736 |
431373 |
-20015 |
1201357 |
974355 |
||||||
|
LONG TERM LIQUIDITY |
|
|
|
|
|
||||||
|
Equity Ratio (%) |
22.8 |
15.7 |
15.6 |
30.2 |
26.9 |
||||||
|
Consolidation (%) |
25.7 |
18.9 |
19.6 |
33 |
29.3 |
||||||
|
Average debt/equity ratio (%) |
0.8 |
1.5 |
1.4 |
1.7 |
1.8 |
||||||
|
Degree of debt (times) |
2.5 |
4.3 |
4.3 |
1.9 |
2.3 |
||||||
|
OPERATIONAL KEY VALUES |
|
|
|
|
|
||||||
|
Inventory turnover (times) |
9.5 |
7 |
7 |
4.8 |
4.4 |
||||||
|
Average payment period (days) |
11 |
12 |
14 |
17 |
23 |
||||||
|
Capital turnover (times) |
2.4 |
2.1 |
2.2 |
1.3 |
0.6 |
||||||
|
Cash flow from operation (%) |
-1.6 |
9 |
4.3 |
1.8 |
-46.7 |
||||||
|
Turnover per employee (KSEK) |
5930 |
5903 |
5144 |
4645 |
2556 |
||||||
|
1 Accounts recivable turnover (times) |
26 |
24 |
20 |
17 |
13 |
||||||
|
Notes (KSEK) |
|
|
|
|
|
|
YEAR |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
2009-12 |
|
Floating charge |
0 |
0 |
0 |
0 |
0 |
|
Real estate mortgage |
0 |
0 |
0 |
0 |
0 |
|
Other collateral |
0 |
0 |
0 |
0 |
0 |
|
Sum all collateral |
0 |
0 |
0 |
0 |
0 |
|
Conditional equity |
0 |
0 |
0 |
0 |
0 |
|
Other contingent liablilites |
224360 |
145955 |
182656 |
139943 |
99771 |
|
Sum all contingent liabilities |
224360 |
145955 |
182656 |
139943 |
99771 |
|
Salary board/CEO |
1988 |
1973 |
2264 |
2296 |
1595 |
|
Tantiem board/CEO |
245 |
262 |
602 |
752 |
132 |
|
Agreed saverance pay |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Payroll overhead |
796230 |
517243 |
53859 |
636968 |
452495 |
|
Dividend |
0 |
0 |
0 |
2500000 |
0 |
|
Accepted bank overdraft |
0 |
0 |
0 |
0 |
0 |
|
Used bank overdraft |
0 |
0 |
0 |
0 |
0 |
|
Debt balance at the Swedish Enforcement Authority |
|
No records registered |
|
Debt balance history at the Swedish Enforcement Authority |
|
DATE |
PRIVATE CLAIMS |
PUBLIC CLAIMS |
TOTAL SUM |
|
2014-08-08 |
0 pcs |
1 pcs |
701 SEK |
|
2014-07-25 |
0 pcs |
1 pcs |
2,480 SEK |
FOREIGN
EXCHANGE RATES
N/a
ADDITIONAL
INFORMATION
|
Latest record |
|
|
Typ |
Vägtrafikskatt |
|
Borgenär |
Staten |
|
Datum |
2014-07-23 |
|
Belopp |
1,779 SEK |
|
Media information |
|
|
Articles found with risk words: |
Click here to get the count of articles |
|
Annual & Part year accounts |
|
|
Annual accounts |
1301-1312 | 1201-1212 | 1101-1112 | 1001-1012 | 0901-0912 |
|
Part year accounts |
0601-0612 |
|
1Industry value 2013: Too few companies in branch group. |
|
|
|
|
Other Information |
|
|
|
Certificate |
- |
|
|
Alcohol permit |
0 |
|
|
Units |
4 |
|
|
Vehicles |
37 |
|
|
Tax |
|
|
Registred for VAT |
Yes, since 2006-01 |
Tax registration number |
SE556021933801 |
|
Registred for F-tax |
Yes |
Registered for payroll tax |
Yes |
|
Status History |
|
|
2014-12-29 |
Merger concluded |
|
2014-09-29 |
Merger ongoing |
|
Industry |
|
|
Industry |
SN28920 Manufacture of machinery for mining, quarrying and construction |
|
Secondary Industry |
72190 Other research and experimental development on natural sciences
and engineering |
|
|
46630 Wholesale of mining, construction and civil engineering
machinery |
|
|
71122 Industrial engineering activities and related technical
consultancy |
Activity
|
Bolaget skall avse fabriksrörelse och handel
beträffande mekaniska verkstadsprodukter såsom entreprenad- och
jordbruksmaskiner samt annan därmed |
|
förenlig verksamhet. En del av bolagets
verksamhet skall härvid avse försäljning av skalmodeller av mekaniska |
|
verkstadsprodukter såsom entreprenad- och
jordbruksmaskiner och liknande produkter. |
|
Public claims |
|
|
|
|
DATE |
AMOUNT (SEK) |
TYPE |
COMMENTS |
|
2014-07-23 |
1779 |
Vägtrafikskatt |
|
|
2013-06-05 |
5000 |
Diverse statliga fordringar |
|
|
2013-03-27 |
8134 |
Vägavgift |
|
|
2012-05-23 |
425 |
Vägtrafikskatt |
|
|
TOTAL: |
15338 |
4 PCS |
|
|
Private claims |
|
|
|
|
DATE |
AMOUNT (SEK) |
CREDITOR |
COMMENTS |
|
2013-06-26 |
1696 |
Ruukki Sverige AB |
Decision |
|
2013-03-06 |
5625 |
PostNord Sverige AB |
Decision |
|
2013-02-18 |
160 |
Fortum Markets AB |
Decision |
|
2013-01-09 |
24090 |
Ruukki Sverige AB |
Decision |
|
2012-11-19 |
160 |
Arvika Fastighets AB |
Decision |
|
2012-08-22 |
287158 |
Ruukki Sverige AB |
Decision |
|
2012-08-20 |
356958 |
Ahlsell Sverige AB |
Decision |
|
2012-08-14 |
44187 |
Industriell Plåtproduktion AB |
Decision |
|
2012-07-16 |
39154 |
Cramo AB |
Decision |
|
2012-01-30 |
447 |
St1 Sverige AB |
Decision |
|
2011-07-11 |
259 |
Nomo Trading Aktiebolag |
Decision |
|
2011-05-02 |
160 |
Easypark AB |
Decision |
|
2010-04-08 |
79726 |
Bosela AB |
Decision |
|
TOTAL: |
839780 |
13 PCS |
|
|
Applications for an order to pay |
|
||
|
DATE |
AMOUNT (SEK) |
CREDITOR |
COMMENTS |
|
2013-12-11 |
268564 |
Ruukki Sverige AB |
Dissmissed application reactivated: 2014-01-14 |
|
2013-08-05 |
7494 |
EDG Sales AB |
Application totaly contested: 2013-08-09 |
|
TOTAL: |
276058 |
2 PCS |
|
|
Revoked/Reclaimed applications for an order to pay |
|||
|
DATE |
AMOUNT (SEK) |
CREDITOR |
COMMENTS |
|
2014-06-05 |
11520 |
Ruukki Sverige AB |
Application dismissed: 2014-09-12 |
|
2014-02-05 |
27015 |
Arena Service i Växjö AB |
Application dismissed/revoked: 2014-02-07 |
|
2013-08-12 |
180 |
Arvika Fastighets AB |
Application dismissed/revoked: 2013-08-26 |
|
2013-08-05 |
91719 |
STF Ingenjörsutbildning Aktiebolag |
Application dismissed/revoked: 2013-08-15 |
|
2013-07-18 |
2438 |
SIS Förlag Aktiebolag |
Application dismissed/revoked: 2013-09-02 |
|
2013-04-22 |
180 |
Arvika Fastighets AB |
Application dismissed/revoked: 2013-05-08 |
|
2013-04-22 |
13584 |
4U Security Services (Sverige) AB |
Application dismissed/revoked: 2013-05-27 |
|
2013-03-01 |
4841 |
Elektroskandia Sverige AB |
Application dismissed: 2013-03-22 |
|
2013-02-19 |
72096 |
Cramo AB |
Application dismissed/revoked: 2013-02-28 |
|
2013-02-05 |
9265 |
Cramo AB |
Application dismissed/revoked: 2013-02-22 |
|
2013-01-24 |
12244 |
Teknologisk Institut AB Sverige |
Application dismissed: 2013-03-06 |
|
2013-01-04 |
2763 |
WSP Sverige AB |
Application dismissed/revoked: 2013-01-17 |
|
TOTAL: |
|
12 PCS |
|
|
Other positions |
Utlandsbosatt inom EES |
|
2006-02-07 |
2010-06-24 |
|
|
NAME |
FUNCTION |
SSN |
START DATE |
END DATE |
COMPANY |
|
|
|
|
|
|
ENGAGEMENT |
|
Anders Stellan Ersryd |
Extern firmatecknare |
19500907-7537 |
2006-02-01 |
2014-01-17 |
(1) |
|
Lars Arje Lewin |
Extern firmatecknare |
19610713-1630 |
1992-10-19 |
2013-01-12 |
(1) |
|
Johan Erling Engström |
Extern firmatecknare |
19651127-6914 |
2003-12-01 |
2012-04-23 |
(1) |
|
Lars Sture Haglund |
Extern firmatecknare |
19501124-6930 |
2006-02-01 |
2012-04-23 |
|
|
Auditors |
|
|
|
No information |
|
|
|
Status History |
|
|
|
DATE |
DESCRIPTION |
COMMENTS |
|
2014-12-29 |
Merger concluded |
Over making company: |
|
2014-09-29 |
Merger ongoing |
Over making company: Volvo Central Asia AB |
|
Event History |
|
|
DATE |
DESCRIPTION |
|
2014-12-30 |
Merge information, changed |
|
2014-12-30 |
Status, changed |
|
2014-11-13 |
Group Structure Change |
|
2014-11-12 |
Group Structure Change |
|
2014-11-07 |
Group Structure Change |
|
2014-10-21 |
Group Structure Change |
|
2014-10-18 |
Status, changed |
|
2014-10-16 |
Group Structure Change |
|
2014-10-14 |
Group Structure Change |
|
2014-10-09 |
Group Structure Change |
|
2014-09-29 |
Group Structure Change |
|
2014-09-25 |
Group Structure Change |
|
2014-09-24 |
Group Structure Change |
|
2014-09-18 |
Group Structure Change |
|
2014-09-04 |
Group Structure Change |
|
2014-09-01 |
Group Structure Change |
|
2014-08-29 |
Group Structure Change |
|
2014-08-27 |
Group Structure Change |
|
2014-08-25 |
Group Structure Change |
|
2014-08-18 |
Group Structure Change |
|
2014-08-15 |
Group Structure Change |
|
2014-08-13 |
Group Structure Change |
|
2014-08-12 |
Group Structure Change |
|
2014-08-08 |
Annual account, new |
|
2014-08-08 |
Group Structure Change |
|
2014-08-07 |
Group Structure Change |
|
2014-08-06 |
Group Structure Change |
|
2014-08-04 |
Group Structure Change |
|
2014-08-04 |
Annual report (PDF), new |
|
2014-07-31 |
Group Structure Change |
|
2014-07-28 |
Group Structure Change |
|
2014-07-25 |
Group Structure Change |
|
2014-07-24 |
Group Structure Change |
|
2014-06-05 |
Group Structure Change |
|
2014-05-13 |
Group Structure Change |
|
2014-01-21 |
Authorised signatories amended or new/amended vacancy text |
|
2014-01-21 |
Company representatives, changed |
|
2014-01-18 |
Company representatives, changed |
|
2014-01-18 |
Authorised signatories amended or new/amended vacancy text |
|
2013-10-17 |
Group Structure Change |
|
2013-09-24 |
Group Structure Change |
|
2013-09-09 |
Group Structure Change |
|
2013-09-06 |
Group Structure Change |
|
2013-08-30 |
Group Structure Change |
|
2013-08-29 |
Group Structure Change |
|
2013-08-27 |
Group Structure Change |
|
2013-08-26 |
Group Structure Change |
|
2013-08-23 |
Group Structure Change |
|
2013-08-21 |
Group Structure Change |
|
2013-08-16 |
Group Structure Change |
|
2013-08-15 |
Group Structure Change |
|
2013-08-08 |
Annual account, new |
|
2013-08-08 |
Group Structure Change |
|
2013-08-07 |
Group Structure Change |
|
2013-08-05 |
Group Structure Change |
|
2013-08-02 |
Group Structure Change |
|
2013-08-01 |
Group Structure Change |
|
2013-07-31 |
Group Structure Change |
|
2013-07-30 |
Group Structure Change |
|
2013-07-29 |
Group Structure Change |
|
2013-07-22 |
Group Structure Change |
|
2013-07-16 |
Annual report (PDF), new |
|
2013-06-18 |
Group Structure Change |
|
2013-05-07 |
Certificate, deregistered |
|
2013-01-15 |
Company representatives, changed |
|
2013-01-15 |
Authorised signatories amended or new/amended vacancy text |
|
2012-09-19 |
Annual account, new |
|
2012-07-19 |
Annual report (PDF), new |
|
2012-07-17 |
Board, changed |
|
2012-07-17 |
Authorised signatories amended or new/amended vacancy text |
|
2012-07-17 |
Company representatives, changed |
|
2012-04-24 |
Company representatives, changed |
|
2012-04-24 |
Authorised signatories amended or new/amended vacancy text |
|
2012-04-24 |
Board, changed |
|
2011-09-30 |
Annual account, new |
|
2011-09-07 |
Annual report (PDF), new |
|
2011-06-01 |
Authorised signatories amended or new/amended vacancy text |
|
2011-06-01 |
Board, changed |
|
2011-06-01 |
Company representatives, changed |
|
2011-04-09 |
Board, changed |
|
2011-04-09 |
Company representatives, changed |
|
2011-04-09 |
Authorised signatories amended or new/amended vacancy text |
|
2011-03-29 |
Phone number, new |
|
2011-03-29 |
Fax number, removed |
|
2011-01-11 |
Fax number, new |
|
2010-10-06 |
Board, changed |
|
2010-10-06 |
Company representatives, changed |
|
2010-09-07 |
Annual account, new |
|
2010-09-01 |
Annual report (PDF), new |
|
2010-06-25 |
Company representatives, changed |
|
2010-06-25 |
Board, changed |
|
2010-06-25 |
Authorised signatory, changed |
|
Closed cases without registration |
|
No records registered |
|
Certificates |
|
No certificates registered |
|
Units |
|
|
|
|
|
OFFICE |
DEPARTMENT/CO NAME |
NBR OF EMPLOYEES |
VISITING ADDRESS |
MAILING ADDRESS |
|
Head office |
Hällby |
1500-1999 anställda |
Brunnsta |
|
|
|
|
|
63510 ESKILSTUNA |
63185 ESKILSTUNA |
|
Branch office |
Arvikaverken |
1000-1499 anställda |
Styckåsvägen 1 |
Box 303 |
|
|
|
|
67132 ARVIKA |
67127 ARVIKA |
|
Branch office |
Cabs Division |
200-499 anställda |
Esplanaden 1 |
|
|
|
|
|
69435 HALLSBERG |
69482 HALLSBERG |
|
Branch office |
Volvo Construction Equipment AB |
500-999 anställda |
Carl Lihnells Väg 2 |
Carl Lihnells Väg 2 |
|
|
|
|
36042 BRAÅS |
36042 BRAÅS |
|
View simplified group structure |
|
|
Summary |
|
|
Group |
140 companies |
|
Linkages |
324 companies |
|
Countries |
in 48 countries |
|
Linkages |
|
NOTES
& COMMENTS
N/A
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.28 |
|
|
1 |
Rs.96.21 |
|
Euro |
1 |
Rs.70.60 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ASH |
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.