|
Report No. : |
330697 |
|
Report Date : |
10.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
KAPPAHL SVERIGE AB |
|
|
|
|
Registered Office : |
Box 303, 43124 Mölndal |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
03.12.1954 |
|
|
|
|
Com. Reg. No.: |
5560604158 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Retail Sale of Men''s, Women''s and Children''s Clothing in
Specialised Stores. |
|
|
|
|
No. of Employees : |
1418 [2014] |
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 : |
No Complaints |
|
|
|
|
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 with the 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 2.3%. Sweden’s economy is expected to
grow modestly in 2015, although the country continues to struggle with
deflationary pressure.
|
Source
: CIA |
|
Business Name |
KappAhl Sverige AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5560604158 |
|
Activity Code |
47711 |
|
Activity Description |
Retail sale of men''s, women''s and children''s clothing in
specialised stores |
|
Company Status |
Active (Active) |
|
Latest Turnover Figure |
3.408.900.000 SEK |
|
Latest Shareholder Equity Figure |
52.700.000 SEK |
|
Business Name |
KappAhl Sverige AB |
|
Registered Company Name |
KappAhl Sverige AB |
|
Company Registration Number |
5560604158 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556060415801 |
|
Date of Company Registration |
03/12/1954 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active (Active) |
|
Currency of this Report |
SEK |
|
Principal Activity Code |
No code |
|
Principal Activity Description |
The object of which is to directly or indirectly engage in retail
business relating lady, herroch children's clothing, and other related
activities. |
|
Contact Address |
Box 303, 43124 MÖLNDAL |
|
Contact Telephone Number |
031-7715500 |
|
Address |
Box 303, 43124 MÖLNDAL |
|
Country |
SWEDEN |
|
Telephone |
031-7715500 |
|
Address |
Country |
|
Address |
Kompanigatan 3, 55305 |
|
Country |
SWEDEN |
|
Address |
Parallellvägen 5, 43335 |
|
Country |
SWEDEN |
|
Address |
Verkövägen 7-9, 37162 |
|
Country |
SWEDEN |
|
Address |
Kungsportsavenyen 26-28, 41136 |
|
Country |
SWEDEN |
|
Address |
Swedenborgsgatan 1, 41705 |
|
Country |
SWEDEN |
|
Address |
Herrestavägen 25, 17738 |
|
Country |
SWEDEN |
|
Address |
Frykmans Väg 1, 65346 |
|
Country |
SWEDEN |
|
Address |
Rapsgatan 1, 75323 |
|
Country |
SWEDEN |
|
Address |
Ulvsundavägen 185C, 16867 |
|
Country |
SWEDEN |
|
Address |
Kronetorpsvägen 2, 23237 |
|
Country |
SWEDEN |
|
Address |
Transportgatan 19, 42246 |
|
Country |
SWEDEN |
|
Address |
Pajalagatan 22, 16265 |
|
Country |
SWEDEN |
|
Address |
Helga Görlins Gata 1, 67332 |
|
Country |
SWEDEN |
|
Address |
Kungsgatan 24, 63220 |
|
Country |
SWEDEN |
|
Address |
Hertig Johans Torg 4, 54130 |
|
Country |
SWEDEN |
|
Address |
Idrottsvägen 16, 43162 |
|
Country |
SWEDEN |
|
Address |
Mårtenstorget 11, 22351 |
|
Country |
SWEDEN |
|
Address |
Krankroksgatan 17, 72138 |
|
Country |
SWEDEN |
|
Address |
Formvägen 4, 90621 |
|
Country |
SWEDEN |
|
Address |
Prästvägen 1, 30263 |
|
Country |
SWEDEN |
|
Address |
Farsta Torg 5, 12347 |
|
Country |
SWEDEN |
|
Address |
Country |
|
Address |
Postgatan 25-32, 41106 |
|
Country |
SWEDEN |
|
Address |
Forumvägen 12, 13153 |
|
Country |
SWEDEN |
|
Address |
Marconigatan 19, 42144 |
|
Country |
SWEDEN |
|
Address |
Hamngatan 37, 11153 |
|
Country |
SWEDEN |
|
Activity Code |
Activity Description |
|
47711 |
Retail sale of men''s, women''s and children''s clothing in
specialised stores |
No email addresses for this company
|
Year |
Number of Employees |
|
2014 |
1418 |
|
2013 |
1432 |
|
2012 |
1580 |
|
2011 |
1648 |
|
2010 |
1585 |
|
Auditor Name |
Ernst & Young Aktiebolag |
|
Registered for FTax |
Yes |
|
Registered for VAT |
Yes |
|
Registered for Employee Tax |
Yes |
|
Type |
Category |
Issuer |
|
No certificate information for this company |
||
|
Activity Code |
47711 |
|
Activity Description |
Retail sale of men''s, women''s and children''s clothing in
specialised stores |
|
Industry Average Credit Rating |
67 (1 - 100) |
|
Industry Average Credit Limit |
50.000 |
|
Event Date |
Event
Description |
|
|
|
12/03/2015 |
Group Structure Change |
|
|
|
11/03/2015 |
Annual account, new |
|
|
|
11/03/2015 |
Limit, decrease |
|
|
|
11/03/2015 |
Group annual accout, new |
|
|
|
04/03/2015 |
Annual report (PDF), new |
|
|
|
29/01/2015 |
Group Structure Change |
|
|
|
26/01/2015 |
Group Structure Change |
|
|
|
25/11/2014 |
Company representatives, changed |
|
|
|
25/11/2014 |
Authorised signatories amended or new/amended vacancy text |
|
|
|
30/09/2014 |
Certificate, deregistered |
|
|
|
10/09/2014 |
Company representatives, changed |
|
|
|
14/04/2014 |
Group Structure Change |
|
|
|
08/04/2014 |
Annual account, new |
|
|
|
08/04/2014 |
Group annual accout, new |
|
|
|
02/04/2014 |
Annual report (PDF), new |
|
|
|
13/02/2014 |
Group Structure Change |
|
|
|
24/01/2014 |
Group Structure Change |
|
|
|
23/08/2013 |
Group Structure Change |
|
|
|
20/06/2013 |
Company representatives, changed |
|
|
|
20/06/2013 |
Authorised signatories amended or new/amended vacancy text |
|
|
|
14/06/2013 |
Group Structure Change |
|
|
|
12/04/2013 |
Company representatives, changed |
|
|
|
26/02/2013 |
Annual account, new |
|
|
|
21/02/2013 |
Annual report (PDF), new |
|
|
|
10/04/2012 |
Annual account, new |
|
|
|
10/04/2012 |
Group annual accout, new |
|
|
|
30/03/2012 |
Annual report (PDF), new |
|
|
|
16/03/2012 |
Company representatives, changed |
|
|
|
16/03/2012 |
Board, changed |
|
|
|
16/03/2012 |
Authorised signatories amended or new/amended vacancy text |
|
|
|
09/11/2011 |
Company business activity, changed |
|
|
|
19/04/2011 |
Annual account, new |
|
|
|
08/04/2011 |
Annual report (PDF), new |
|
|
|
29/03/2011 |
Fax number, changed |
|
|
No status history events for this company
|
Financial Year |
2014 |
2013 |
2012 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
No |
No |
No |
|
Revenue |
3.536.200.000 |
3.530.100.000 |
3.424.000.000 |
|
Operating
Costs |
3.185.800.000 |
3.239.500.000 |
3.294.700.000 |
|
Operating
Profit |
350.400.000 |
290.600.000 |
129.300.000 |
|
Financial
Income |
29.200.000 |
48.700.000 |
44.300.000 |
|
Financial
Expenses |
-28.900.000 |
-51.900.000 |
-66.800.000 |
|
Extraordinary
Income |
- |
- |
- |
|
Extraordinary
Costs |
- |
- |
- |
|
Profit
before Tax |
245.300.000 |
287.400.000 |
41.800.000 |
|
Tax |
-78.100.000 |
-160.900.000 |
-41.800.000 |
|
Profit
after Tax |
167.200.000 |
126.500.000 |
- |
|
Minority
Interests
|
- |
- |
- |
|
Other
Appropriations |
-3.500.000 |
320.700.000 |
43.300.000 |
|
Retained
Profit |
163.700.000 |
447.200.000 |
43.300.000 |
|
Financial
Year |
2014 |
2013 |
2012 |
|
Number
of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
No |
No |
No |
|
Land
& Buildings |
5.400.000 |
5.400.000 |
5.400.000 |
|
Plant
& Machinery
- - - |
|||
|
Other
Tangible Assets |
180.500.000 |
215.400.000 |
227.300.000 |
|
Total
Tangible Assets |
185.900.000 |
220.800.000 |
232.700.000 |
|
Goodwill
- - - |
|||
|
Other
Intangible Assets |
30.400.000 |
31.500.000 |
41.100.000 |
|
Total
Intangible Assets |
30.400.000 |
31.500.000 |
41.100.000 |
|
Loans
To Group
- - - |
|||
|
Other
Loans
- - - |
|||
|
Miscellaneous
Fixed Assets |
598.900.000 |
616.600.000 |
530.300.000 |
|
Total
Other Fixed Assets |
598.900.000 |
616.600.000 |
530.300.000 |
|
TOTAL
FIXED ASSETS |
815.200.000 |
868.900.000 |
804.100.000 |
|
Work
In Progress -
-
- |
|||
|
Other
Inventories |
453.800.000 |
449.200.000 |
453.300.000 |
|
Total
Inventories |
453.800.000 |
449.200.000 |
453.300.000 |
|
Trade
Receivables |
400.000 |
300.000 |
600.000 |
|
Group
Receivables |
430.700.000 |
533.100.000 |
93.700.000 |
|
Miscellaneous
Receivables |
60.100.000 |
75.900.000 |
59.700.000 |
|
Total
Receivables |
491.200.000 |
609.300.000 |
154.000.000 |
|
Cash |
7.700.000 |
7.800.000 |
13.000.000 |
|
Other
Current Assets
- - - |
|||
|
TOTAL
CURRENT ASSETS |
952.700.000 |
1.066.300.000 |
620.300.000 |
|
TOTAL
ASSETS |
1.767.900.000 |
1.935.200.000 |
1.424.400.000 |
|
Trade
Payables |
179.200.000 |
183.300.000 |
156.100.000 |
|
Bank
Liabilities |
- |
- |
- |
|
Group
Payables |
1.201.500.000 |
1.327.500.000 |
516.700.000 |
|
Miscellaneous
Liabilities |
220.100.000 |
229.900.000 |
239.300.000 |
|
TOTAL
CURRENT LIABILITIES |
1.600.800.000 |
1.740.700.000 |
912.100.000 |
|
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 |
114.400.000 |
111.000.000 |
432.500.000 |
|
TOTAL
LONG TERM LIABILITIES |
114.400.000 |
111.000.000 |
432.500.000 |
|
TOTAL
LIABILITIES |
1.715.200.000 |
1.851.700.000 |
1.344.600.000 |
|
Called
Up Share Capital |
6.000.000 |
6.000.000 |
6.000.000 |
|
Share
Premium |
- |
- |
- |
|
Revenue
Reserves |
320.600.000 |
519.800.000 |
194.900.000 |
|
Other
Reserves |
-273.900.000 |
-442.300.000 |
-121.100.000 |
|
TOTAL
SHAREHOLDERS EQUITY |
52.700.000 |
83.500.000 |
79.800.000 |
|
Contingent Liabilities |
22.700.000 |
27.100.000 |
21.700.000 |
|
Working Capital |
-648.100.000 |
-674.400.000 |
-291.800.000 |
|
Net Worth |
22.300.000 |
52.000.000 |
38.700.000 |
|
Pre-Tax Profit Margin |
6.94 % |
8.14 % |
1.22 % |
|
Return On Capital Employed |
7.28 % |
7.82 % |
1.79 % |
|
Return On Total Assets Employed |
13.88 % |
14.85 % |
2.93 % |
|
Return On Net Assets Employed |
465.46 % |
344.19 % |
52.38 % |
|
Sales/Net Working Capital |
-5.46 |
-5.23 |
-11.73 |
|
Stock Turnover Ratio |
12.83 % |
12.72 % |
13.24 % |
|
Debtor Days |
0.04 |
0.03 |
0.06 |
|
Creditor Days |
18.50 |
18.95 |
16.64 |
|
Current Ratio |
0.60 |
0.61 |
0.68 |
|
Liquidity Ratio/Acid Test |
0.31 |
0.35 |
0.18 |
|
Current Debt Ratio |
30.38 |
20.85 |
11.43 |
|
Gearing |
0 |
0 |
0 |
|
Equity In Percentage |
4.63 % |
6.49 % |
9.36 % |
|
Total Debt Ratio |
32.55 |
22.18 |
16.85 |
|
Issued
Share Capital |
6.000.000 SEK |
No
shareholders data for this company.
|
Name |
Appointment Date |
Position |
|
|
Johan Patrik Åberg |
15/03/2012 |
Actual Member of Board |
|
|
Anders Johan Fredrik Düring |
24/11/2014 |
Actual Member of Board |
|
|
Anna Kajsa Räftegård |
19/06/2013 |
Substitute |
|
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Ann Yvonne Mari Svensson |
19/06/2013 |
Actual Member of Board |
24/11/2014 |
|
Stig Håkan Westin |
24/01/2007 |
Actual Member of Board |
19/06/2013 |
|
Carl Christian Westin Jansson |
24/01/2007 |
Actual Member of Board |
15/03/2012 |
|
Pål Magnus Frankenius |
24/01/2007 |
Substitute |
15/03/2012 |
|
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
Debt Balance
Number Of
Distraint Or Repossessions 0
Number Of Public
Claims 2
Number Of Private
Claims 0
Number Of Applications 0
Number Of Revoked
Applications 3
LATEST PUBLIC CLAIM
Type Various
state receivables
Date 2015-04-29
Amount 1000
(SEK)
Currency SEK
LATEST PRIVATE
CLAIM
No Latest Private Claim for this company.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.51 |
|
|
1 |
Rs.97.85 |
|
Euro |
1 |
Rs.70.50 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
NIT |
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.