|
Report No. : |
303000 |
|
Report Date : |
23.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
AKTIEBOLAGET SANDVIK PROCESS SYSTEMS |
|
|
|
|
Registered Office : |
C/O Sandvik Ab81181 Sandviken |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
23.11.1987 |
|
|
|
|
Com. Reg. No.: |
5563122992 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Subject is engaged in Cold forming or folding |
|
|
|
|
No. of Employee : |
0 |
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 : |
Unknown |
|
|
|
|
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
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 |
|
Business Name |
Aktiebolaget
Sandvik Process Systems |
|
Country |
SWEDEN |
|
Company
Registration Number |
5563122992 |
|
Activity Code |
24330 |
|
Activity
Description |
Cold
forming or folding |
|
Company Status |
Commission
(Other) |
|
Latest Turnover
Figure - |
|
|
Latest Shareholder
Equity Figure |
100.000
SEK |
|
Business Name |
Aktiebolaget
Sandvik Process Systems |
|
Registered Company
Name |
Aktiebolaget
Sandvik Process Systems |
|
Company
Registration Number |
5563122992 |
|
Country |
SWEDEN |
|
VAT Registration
Number |
via
VAT group |
|
Date of Company
Registration |
23/11/1987 |
|
Legal Form |
Limited
liability company |
|
Company Status |
Commission
(Other) |
|
Currency of this
Report |
SEK |
|
Principal Activity
Code |
No
code |
|
Principal Activity
Description |
Bolaget
ska tillverka och salja transportband och transportorer jamte dartill horande
tillbehor samt bedriva annan darmed forenlig verksamhet. |
|
Contact Address |
C/O
Sandvik AB81181 SANDVIKEN |
|
Contact Telephone
Number |
026-265600 |
|
Address |
Country
Telephone |
|
C/O
Sandvik AB81181 SANDVIKEN |
SWEDEN 026-265600 |
|
Address |
Country |
|
No other addresses for this company |
|
|
Activity
Code |
Activity
Description |
|
24330 |
Cold forming or folding |
No
email addresses for this company
www.processsystems.sandvik.com
|
Year |
Number
of Employees |
|
2013 |
0 |
|
2012 |
0 |
|
2011 |
0 |
|
2010 |
0 |
|
2009 |
0 |
|
Auditor
Name |
KPMG AB |
|
Registered
for FTax |
Yes |
|
Registered
for VAT |
Yes |
|
Registered
for Employee Tax |
Yes |
|
Type |
Category
Issuer |
|
No certificate information for this company |
|
|
Activity
Code |
24330 |
|
Activity
Description |
Cold forming or folding |
|
Event
Date |
Event
Description |
|
06/01/2015 |
Authorised signatories amended or new/amended vacancy text |
|
06/01/2015 |
Company representatives, changed |
|
06/11/2014 |
Group Structure Change |
|
Event
Date |
Event Description |
|
10/10/2014 |
Group Structure Change |
|
09/10/2014 |
Group Structure Change |
|
03/10/2014 |
Group Structure Change |
|
01/10/2014 |
Group Structure Change |
|
29/09/2014 |
Group Structure Change |
|
26/09/2014 |
Group Structure Change |
|
22/09/2014 |
Group Structure Change |
|
18/09/2014 |
Group Structure Change |
|
10/09/2014 |
Group Structure Change |
|
09/09/2014 |
Group Structure Change |
|
08/09/2014 |
Group Structure Change |
|
27/08/2014 |
Group Structure Change |
|
22/08/2014 |
Group Structure Change |
|
18/08/2014 |
Group Structure Change |
|
11/08/2014 |
Group Structure Change |
|
07/08/2014 |
Group Structure Change |
|
04/08/2014 |
Group Structure Change |
|
01/08/2014 |
Group Structure Change |
|
31/07/2014 |
Group Structure Change |
|
30/07/2014 |
Group Structure Change |
|
28/07/2014 |
Annual account, new |
|
28/07/2014 |
Group Structure Change |
|
24/07/2014 |
Group Structure Change |
|
23/07/2014 |
Group Structure Change |
|
22/07/2014 |
Group Structure Change |
|
21/07/2014 |
Annual report (PDF), new |
|
21/07/2014 |
Group Structure Change |
|
18/07/2014 |
Group Structure Change |
|
16/07/2014 |
Group Structure Change |
|
10/07/2014 |
Group Structure Change |
|
09/07/2014 |
Group Structure Change |
|
08/07/2014 |
Group Structure Change |
|
07/07/2014 |
Group Structure Change |
|
14/05/2014 |
Authorised signatories
amended or new/amended vacancy text |
|
14/05/2014 |
Company representatives,
changed |
|
02/10/2013 |
Group Structure Change |
|
25/09/2013 |
Group Structure Change |
|
14/09/2013 |
Company representatives,
changed |
|
14/09/2013 |
Authorised signatories
amended or new/amended vacancy text |
|
06/09/2013 |
Group Structure Change |
|
05/09/2013 |
Group Structure Change |
|
30/08/2013 |
Group Structure Change |
|
28/08/2013 |
Group Structure Change |
|
26/08/2013 |
Group Structure Change |
|
Event
Date |
Event Description |
|
19/08/2013 |
Group Structure Change |
|
16/08/2013 |
Group Structure Change |
|
15/08/2013 |
Group Structure Change |
|
14/08/2013 |
Group Structure Change |
|
13/08/2013 |
Group Structure Change |
|
12/08/2013 |
Group Structure Change |
|
08/08/2013 |
Group Structure Change |
|
07/08/2013 |
Group Structure Change |
|
06/08/2013 |
Group Structure Change |
|
05/08/2013 |
Group Structure Change |
|
31/07/2013 |
Group Structure Change |
|
30/07/2013 |
Annual account, new |
|
30/07/2013 |
Group Structure Change |
|
29/07/2013 |
Group Structure Change |
|
19/07/2013 |
Group Structure Change |
|
17/07/2013 |
Group Structure Change |
|
12/07/2013 |
Group Structure Change |
|
11/07/2013 |
Group Structure Change |
|
10/07/2013 |
Group Structure Change |
|
09/07/2013 |
Group Structure Change |
|
09/07/2013 |
Annual report (PDF), new |
|
08/07/2013 |
Group Structure Change |
|
03/07/2013 |
Group Structure Change |
|
01/07/2013 |
Group Structure Change |
|
23/02/2013 |
Company representatives,
changed |
|
23/02/2013 |
Authorised signatories
amended or new/amended vacancy text |
|
05/09/2012 |
Authorised signatories
amended or new/amended vacancy text |
|
05/09/2012 |
Company representatives,
changed |
|
09/08/2012 |
Annual account, new |
|
19/07/2012 |
Annual report (PDF), new |
|
08/05/2012 |
Company representatives,
changed |
|
08/05/2012 |
Authorised signatories
amended or new/amended vacancy text |
|
08/05/2012 |
Board, changed |
|
02/02/2012 |
Authorised signatories
amended or new/amended vacancy text |
|
02/02/2012 |
Company representatives,
changed |
|
02/02/2012 |
Board, changed |
|
03/09/2011 |
Board, changed |
|
03/09/2011 |
Company representatives,
changed |
|
03/09/2011 |
Authorised signatories
amended or new/amended vacancy text |
|
29/07/2011 |
Annual account, new |
|
19/07/2011 |
Annual report (PDF), new |
|
08/06/2011 |
Certificate, deregistered |
|
29/03/2011 |
Phone number, changed |
|
29/07/2010 |
Annual account, new |
|
Event
Date |
Event
Description |
|
09/07/2010 |
Annual report (PDF), new |
|
03/07/2010 |
Authorised signatory,
changed |
|
03/07/2010 |
Board, changed |
|
03/07/2010 |
Company representatives,
changed |
|
05/05/2010 |
Board, changed |
No status history events for this company
|
Financial
Year |
2013 |
2012 |
2011 |
|
Number
of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
No |
No |
No |
|
Revenue |
0 |
0 |
0 |
|
Operating
Costs |
0 |
0 |
0 |
|
Operating
Profit |
0 |
0 |
0 |
|
Wages
& Salaries |
0 |
0 |
0 |
|
Depreciation |
0 |
0 |
0 |
|
Financial
Income |
0 |
0 |
0 |
|
Financial
Expenses |
0 |
0 |
0 |
|
Extraordinary
Income |
0 |
0 |
0 |
|
Extraordinary
Costs |
0 |
0 |
0 |
|
Profit
before Tax |
0 |
0 |
0 |
|
Tax |
0 |
0 |
0 |
|
Profit
after Tax |
0 |
0 |
0 |
|
Minority
Interests |
0 |
0 |
0 |
|
Other
Appropriations |
0 |
0 |
0 |
|
Retained
Profit |
0 |
0 |
0 |
|
Financial
Year |
2013 |
2012 |
2011 |
|
Number
of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
No |
No |
No |
|
Land
& Buildings |
0 |
0 |
0 |
|
Plant
& Machinery |
0 |
0 |
0 |
|
Other
Tangible Assets |
0 |
0 |
0 |
|
Total
Tangible Assets |
0 |
0 |
0 |
|
Goodwill |
0 |
0 |
0 |
|
Other
Intangible Assets |
0 |
0 |
0 |
|
Total
Intangible Assets |
0 |
0 |
0 |
|
Loans
To Group |
0 |
0 |
0 |
|
Other
Loans |
0 |
0 |
0 |
|
Miscellaneous
Fixed Assets |
0 |
0 |
0 |
|
Total
Other Fixed Assets |
0 |
0 |
0 |
|
TOTAL
FIXED ASSETS |
0 |
0 |
0 |
|
Work
In Progress |
0 |
0 |
0 |
|
Other
Inventories |
0 |
0 |
0 |
|
Total
Inventories |
0 |
0 |
0 |
|
Trade
Receivables |
0 |
0 |
0 |
|
Group
Receivables |
100.000 |
100.000 |
100.000 |
|
Miscellaneous
Receivables |
0 |
0 |
0 |
|
Total
Receivables |
100.000 |
100.000 |
100.000 |
|
Cash |
0 |
0 |
0 |
|
Other
Current Assets |
0 |
0 |
0 |
|
TOTAL
CURRENT ASSETS |
100.000 |
100.000 |
100.000 |
|
TOTAL
ASSETS |
100.000 |
100.000 |
100.000 |
|
Trade
Payables |
0 |
0 |
0 |
|
Bank
Liabilities |
0 |
0 |
0 |
|
Group
Payables |
0 |
0 |
0 |
|
Miscellaneous
Liabilities |
0 |
0 |
0 |
|
TOTAL
CURRENT LIABILITIES |
0 |
0 |
0 |
|
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 |
0 |
0 |
|
TOTAL
LONG TERM LIABILITIES |
0 |
0 |
0 |
|
TOTAL
LIABILITIES |
0 |
0 |
0 |
|
Called
Up Share Capital |
100.000 |
100.000 |
100.000 |
|
Share
Premium |
0 |
0 |
0 |
|
Revenue
Reserves |
0 |
0 |
0 |
|
Other
Reserves |
0 |
0 |
0 |
|
TOTAL
SHAREHOLDERS EQUITY |
100.000 |
100.000 |
100.000 |
|
Contingent
Liabilities |
0 |
0 |
0 |
|
Working
Capital |
100.000 |
100.000 |
100.000 |
|
Net
Worth |
100.000 |
100.000 |
100.000 |
|
Return
On Capital Employed |
0 |
0 |
0 |
|
Return
On Total Assets Employed |
0 |
0 |
0 |
|
Return
On Net Assets Employed |
0 |
0 |
0 |
|
Sales/Net
Working Capital |
0.00 |
0.00 |
0.00 |
|
Current
Debt Ratio |
0.00 |
0.00 |
0.00 |
|
Gearing |
0 |
0 |
0 |
|
Equity
In Percentage |
100.00
% |
100.00 % |
100.00
% |
|
Total
Debt Ratio |
0.00 |
0.00 |
0.00 |
|
Issued Share Capital |
100.000 SEK |
No shareholders data for this company.
|
Name |
Appointment
Date |
Position |
|
Nixon,
Ure James |
05/01/2015 |
Actual Member of Board |
|
Per
Henrik Furhoff |
07/05/2012 |
Actual Member of Board |
|
Karl
Peter Hammarberg |
13/09/2013 |
Actual Member of Board |
|
Kjell
Fredrik Soderberg |
13/05/2014 |
Actual Member of Board |
|
Linda
Jessica Persson |
07/05/2012 |
Actual Member of Board |
|
Patrik
Wolfgang Hertel |
31/05/2000 |
Actual Member of Board |
|
Ulf
Arvid Svantesson Rolander |
07/05/2012 |
Actual Member of Board |
|
Bo
Martin Leppakorpi |
04/09/2012 |
Substitute |
|
Sten
Ake Jorgen Lindgren |
04/09/2012 |
Substitute |
|
Name |
Appointment Date |
Position |
Resignation
Date |
|
Lars Tomas Niklas Nordahl |
22/02/2013 |
Actual Member of Board |
05/01/2015 |
|
Jan Ake Ohman |
30/03/2007 |
Actual Member of Board |
13/05/2014 |
|
Robert Louis Stivale |
02/07/2010 |
Actual Member of Board |
13/09/2013 |
|
Rolf Peter Damberg |
07/05/2012 |
Actual Member of Board |
22/02/2013 |
|
Anders Gosta Thelin |
07/05/2012 |
Actual Member of Board |
22/02/2013 |
|
Bror Jimmy Bergsman |
06/07/1994 |
Actual Member of Board |
04/09/2012 |
|
Mats Erik Engblom |
05/11/2004 |
Actual Member of Board |
07/05/2012 |
|
Mats Erik Gunnarsson |
02/09/2011 |
Actual Member of Board |
07/05/2012 |
|
Jonas Mikael Gustavsson |
02/09/2011 |
Actual Member of Board |
07/05/2012 |
|
Gustaf Marten Thorolf Hedborg |
31/05/2000 |
Substitute |
07/05/2012 |
|
Linda Jessica Persson |
02/09/2011 |
Substitute |
07/05/2012 |
|
Adrianus Willem Raatgeep |
02/09/2011 |
Actual Member of Board |
01/02/2012 |
|
Lena Elisabeth Berg |
29/07/2008 |
Actual Member of Board |
02/09/2011 |
|
Goran Arnfinn Fredriksson |
29/07/2008 |
Actual Member of Board |
02/09/2011 |
|
Peter Gossas |
31/10/2003 |
Chairman of Board |
02/09/2011 |
|
Hans Bertil Wangelin |
29/07/2008 |
Substitute |
02/09/2011 |
|
Leif Goran Berg |
29/07/2008 |
Actual Member of Board |
02/07/2010 |
|
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 |
3 |
|
|
|
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.61.69 |
|
|
1 |
Rs.93.32 |
|
Euro |
1 |
Rs.71.48 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
DPT |
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.