|
Report No. : |
331162 |
|
Report Date : |
11.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
STENA
METAL INTERNATIONAL AB |
|
|
|
|
Registered Office : |
Box 4088, 40040 Goteborg |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
21.06.2007 |
|
|
|
|
Com. Reg. No.: |
5567322895 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
31
(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 : |
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 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 |
Stena
Metal International AB |
|
Country |
SWEDEN |
|
Company Registration
Number |
5567322895 |
|
Activity Code |
46772 |
|
Activity Description |
Wholesale
of metal waste and scrap |
|
Company Status |
Active
(Active) |
|
Latest Turnover Figure |
6.746.691.000
SEK |
|
Latest Shareholder Equity
Figure |
5.000.000
SEK |
|
Business Name |
Stena
Metal International AB |
|
Registered Company Name |
Stena
Metal International AB |
|
Company Registration
Number |
5567322895 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556732289501 |
|
Date of Company
Registration |
21/06/2007 |
|
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 trade its jam, steel, metals, scrap metal , paper and atervinningsprodukter , own and manage the making of paper and related business . |
|
Contact Address |
Box
4088, 40040 GOTEBORG |
|
Contact Telephone Number |
010-4458000 |
|
|
|
|
Address |
Box 4088, 40040 GOTEBORG |
|
Country |
SWEDEN |
|
Telephone |
010-4458000 |
|
Address |
Country |
|
No other
addresses for this company |
|
|
Activity Code |
Activity
Description |
|
46772 |
Wholesale of metal waste and scrap |
|
46773 |
Wholesale of non-metal waste and scrap |
No
email addresses for this company
No
websites for this company
|
Year |
Number
of Employees |
|
2014 |
31 |
|
2013 |
32 |
|
2012 |
33 |
|
2011 |
28 |
|
2010 |
0 |
|
Auditor Name |
Carl Johan Rippe |
Registered for FTax Yes
Registered for VAT
Yes
Registered for Employee Tax Yes
|
Type |
Category Issuer |
|
No
certificate information for this company |
|
|
Activity Code |
46772 |
|
Activity Description |
Wholesale
of metal waste and scrap |
|
Event Date |
Event
Description |
|
18/03/2015 |
Group
Structure Change |
|
13/03/2015 |
Group
Structure Change |
|
05/03/2015 |
Group
Structure Change |
|
19/02/2015 |
Group
Structure Change |
|
16/02/2015 |
Group
annual accout, new |
|
16/02/2015 |
Annual
account, new |
|
12/02/2015 |
Group
Structure Change |
|
09/02/2015 |
Annual
report (PDF), new |
|
04/02/2015 |
Group
Structure Change |
|
29/01/2015 |
Group
Structure Change |
|
23/01/2015 |
Group
Structure Change |
|
19/01/2015 |
Group
Structure Change |
|
16/01/2015 |
Group
Structure Change |
|
15/01/2015 |
Group
Structure Change |
|
09/01/2015 |
Group
Structure Change |
|
08/01/2015 |
Group
Structure Change |
|
06/01/2015 |
Group
Structure Change |
|
08/12/2014 |
Group
Structure Change |
|
25/11/2014 |
Group
Structure Change |
|
19/08/2014 |
Group
Structure Change |
|
22/04/2014 |
Group
Structure Change |
|
08/04/2014 |
Group
Structure Change |
|
03/04/2014 |
Group
Structure Change |
|
25/03/2014 |
Group
Structure Change |
|
24/03/2014 |
Group
Structure Change |
|
20/03/2014 |
Group
Structure Change |
|
06/03/2014 |
Group
Structure Change |
|
05/03/2014 |
Group
Structure Change |
|
04/03/2014 |
Group
annual accout, new |
|
04/03/2014 |
Annual
account, new |
|
27/02/2014 |
Annual
report (PDF), new |
|
25/02/2014 |
Group
Structure Change |
|
19/02/2014 |
Group
Structure Change |
|
14/02/2014 |
Group
Structure Change |
|
31/01/2014 |
Group
Structure Change |
|
29/01/2014 |
Group
Structure Change |
|
07/01/2014 |
Group
Structure Change |
|
31/12/2013 |
Group
Structure Change |
|
30/12/2013 |
Group
Structure Change |
|
19/12/2013 |
Group
Structure Change |
|
18/12/2013 |
Group
Structure Change |
|
23/07/2013 |
Authorised
signatories amended or new/amended vacancy text |
|
23/07/2013 |
Company
representatives, changed |
|
20/03/2013 |
Company
representatives, changed |
|
20/03/2013 |
Authorised
signatories amended or new/amended vacancy text |
|
19/03/2013 |
Company
representatives, changed |
|
16/01/2013 |
Group
annual accout, new |
|
16/01/2013 |
Limit,
increase |
|
16/01/2013 |
Annual
account, new |
|
10/01/2013 |
Annual
report (PDF), new |
|
05/10/2012 |
Authorised
signatories amended or new/amended vacancy text |
|
05/10/2012 |
Company
representatives, changed |
|
28/01/2012 |
Board,
changed |
|
28/01/2012 |
Company
representatives, changed |
|
28/01/2012 |
Authorised
signatories amended or new/amended vacancy text |
|
20/01/2012 |
Annual
account, new |
|
20/01/2012 |
Limit,
increase |
|
05/01/2012 |
Annual
report (PDF), new |
|
01/03/2011 |
Status,
changed |
|
01/03/2011 |
Annual
account, new |
|
21/02/2011 |
Annual
report (PDF), new |
|
07/02/2011 |
Certificate,
registered |
|
23/12/2010 |
Authorised
signatories amended or new/amended vacancy text |
|
23/12/2010 |
Board,
changed |
|
23/12/2010 |
Company
representatives, changed |
|
28/09/2010 |
Employment
tax, changed |
|
24/08/2010 |
Board,
changed |
|
24/08/2010 |
Company
representatives, changed |
|
24/08/2010 |
Authorised
signatory, 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 |
6.746.691.000 |
6.476.640.000 |
7.962.492.000 |
|
|||
|
Operating Costs |
6.682.930.000 |
6.410.435.000 |
7.890.881.000 |
|
|||
|
Operating Profit |
63.761.000 |
66.205.000 |
71.611.000 |
|
|||
|
Financial Income |
253.000 |
296.000 |
1.070.000 |
|
|||
|
Financial Expenses |
-23.194.000 |
-26.898.000 |
-42.405.000 |
|
|||
|
Extraordinary Income
- - - |
|||||||
|
Extraordinary Costs
- - - |
|||||||
|
Profit before Tax |
40.820.000 |
39.603.000 |
30.276.000 |
|
|||
|
Tax |
-8.956.000 |
-10.713.000 |
-8.543.000 |
|
|||
|
Profit after Tax |
31.864.000 |
28.890.000 |
21.733.000 |
|
|||
|
Minority Interests
- - - |
|||||||
|
Other Appropriations - - - |
|||||||
|
Retained Profit |
31.864.000 |
28.890.000 |
21.733.000 |
||||
|
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 |
9.000 |
106.000 |
230.000 |
|
Total Tangible Assets |
9.000 |
106.000 |
230.000 |
|
Goodwill
- - - |
|||
|
Other Intangible
Assets - - - |
|||
|
Total Intangible
Assets
- - - |
|||
|
Loans To Group - - - |
|||
|
Other Loans
- - - |
|||
|
Miscellaneous Fixed
Assets |
1.962.000 |
1.051.000 |
596.000 |
|
Total Other Fixed Assets |
1.962.000 |
1.051.000 |
596.000 |
|
TOTAL FIXED ASSETS |
1.971.000 |
1.157.000 |
826.000 |
|
Work In Progress
- - - |
|||
|
Other Inventories |
116.677.000 |
81.509.000 |
97.373.000 |
|
Total Inventories |
116.677.000 |
81.509.000 |
97.373.000 |
|
Trade Receivables |
420.261.000 |
385.032.000 |
493.694.000 |
|
Group Receivables |
21.000 |
1.000 |
2.440.000 |
|
Miscellaneous Receivables |
109.136.000 |
87.877.000 |
134.987.000 |
|
Total Receivables |
529.418.000 |
472.910.000 |
631.121.000 |
|
Cash
- - - |
|||
|
Other Current Assets - - - |
|||
|
TOTAL CURRENT ASSETS |
646.095.000 |
554.419.000 |
728.494.000 |
|
TOTAL ASSETS |
648.066.000 |
555.576.000 |
729.320.000 |
|
Trade Payables |
7.501.000 |
5.491.000 |
3.033.000 |
|
Bank Liabilities
- - - |
|||
|
Group Payables |
617.934.000 |
523.373.000 |
680.728.000 |
|
Miscellaneous Liabilities |
15.633.000 |
20.416.000 |
39.791.000 |
|
TOTAL CURRENT LIABILITIES |
641.068.000 |
549.280.000 |
723.552.000 |
|
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 |
1.998.000 |
1.296.000 |
731.000 |
|
TOTAL LONG TERM
LIABILITIES |
1.998.000 |
1.296.000 |
731.000 |
|
TOTAL LIABILITIES |
643.066.000 |
550.576.000 |
724.283.000 |
|
Called Up Share Capital |
5.000.000 |
5.000.000 |
5.000.000 |
|
Share Premium
- - - |
|||
|
Revenue Reserves |
31.864.000 |
28.927.000 |
37.000 |
|
Other Reserves |
-31.864.000 |
-28.927.000 |
- |
|
TOTAL SHAREHOLDERS EQUITY |
5.000.000 |
5.000.000 |
5.037.000 |
|
Contingent Liabilities |
- |
1.650.000 |
1.650.000 |
|
Working Capital |
5.027.000 |
5.139.000 |
4.942.000 |
|
Net Worth |
5.000.000 |
5.000.000 |
5.037.000 |
|
Pre-Tax Profit Margin |
0.61 % |
0.61 % |
0.38 % |
|
Return On Capital
Employed |
3.17 % |
3.58 % |
2.08 % |
|
Return On Total Assets
Employed |
6.30 % |
7.13 % |
4.15 % |
|
Return On Net Assets
Employed |
816.40 % |
792.06 % |
601.07 % |
|
Sales/Net Working Capital |
1342.09 |
1260.29 |
1611.19 |
|
Stock Turnover Ratio |
1.73 % |
1.26 % |
1.22 % |
|
Debtor Days |
22.74 |
21.70 |
22.63 |
|
Creditor Days |
0.41 |
0.31 |
0.14 |
|
Current Ratio |
1.01 |
1.01 |
1.01 |
|
Liquidity Ratio/Acid Test |
0.83 |
0.86 |
0.87 |
|
Current Debt Ratio |
128.21 |
109.86 |
143.65 |
|
Gearing |
0 |
0 |
0 |
|
Equity In Percentage |
0.77 % |
0.90 % |
0.69 % |
|
Total Debt Ratio |
128.61 |
110.12 |
143.79 |
|
Issued Share Capital |
5.000.000
SEK |
|
No
shareholders data for this company
|
Name |
Appointment
Date |
Position |
|
|
Leif Stefan
Emanuel Gustafsson |
04/10/2012 |
Chairman of Board |
|
|
Sven
Thomas Andersson |
04/09/2009 |
Actual Member of Board |
|
|
Carl
Anders Jonas Hoglund |
27/01/2012 |
Actual Member of Board |
|
|
NAME |
Appointment
Date |
Position |
Resignation Date |
|
John
Peter Lindqvist |
27/01/2012 |
Chairman
of Board |
22/07/2013 |
|
Aass,
Fredrik Eide |
23/08/2010 |
Actual
Member of Board |
04/10/2012 |
|
Petersen,
Lars Herman |
22/12/2010 |
Chairman
of Board |
04/10/2012 |
|
Hans Gustaf
Lorentz Rondahl |
23/08/2010 |
Actual
Member of Board |
04/10/2012 |
|
Fredrik
Lars Valentin |
23/08/2010 |
Actual
Member of Board |
04/10/2012 |
|
Airas,
Risto Juhani |
23/08/2010 |
Actual
Member of Board |
27/01/2012 |
|
Sten
Torbjorn Hedberg |
04/09/2009 |
Actual
Member of Board |
23/08/2010 |
|
Erik
Anders Jansson |
07/09/2007 |
Actual
Member of Board |
23/08/2010 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.38 |
|
UK Pound |
1 |
Rs.97.65 |
|
Euro |
1 |
Rs.70.43 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
TRU |
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.