|
Report No. : |
333723 |
|
Report Date : |
27.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
BT PRODUCTS AKTIEBOLAG |
|
|
|
|
Registered Office : |
59581 Mjölby |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
07.11.1978 |
|
|
|
|
Com. Reg. No.: |
5561982868 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
1419 |
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 |
BT PRODUCTS AKTIEBOLAG |
|
Country |
SWEDEN |
|
Company
Registration Number |
5561982868 |
|
Activity
Code |
28220 |
|
Activity
Description |
Manufacture
of lifting and handling equipment |
|
Company
Status |
Active
(Active) |
|
Latest
Turnover Figure |
4.113.143.000
SEK |
|
Latest
Shareholder Equity Figure |
479.161.000
SEK |
|
Business
Name |
BT Products
Aktiebolag |
|
Registered
Company Name |
BT Products
Aktiebolag |
|
Company
Registration Number |
5561982868 |
|
Country |
SWEDEN |
|
VAT
Registration Number |
SE556198286801 |
|
Date of
Company Registration |
07/11/1978 |
|
Legal
Form |
Limited liability
company |
|
Company
Status |
Active (Active) |
|
Currency
of this Report |
SEK |
|
Principal
Activity Code |
No code |
|
Principal
Activity Description |
Bolaget skall
bedriva utveckling, tillverkning och försäljning inom materialhanteringsområdet
samt annan därmed förenlig verksamhet. |
|
Contact
Address |
59581 MJÖLBY |
|
Contact
Telephone Number |
0142-86000 |
|
Address |
59581 MJÖLBY |
|
Country |
SWEDEN |
|
Telephone |
0142-86000 |
|
Address |
Country |
|
No other
addresses for this company |
|
|
Activity
Code |
Activity
Description |
|
|
|
|
28220 |
Manufacture
of lifting and handling equipment |
|
46699 |
Wholesale
of other machinery and equipment n.e.c. |
No email addresses for this company
No websites for this company
|
Year |
Number
of Employees |
|
|
|
|
2014 |
1419 |
|
2013 |
1438 |
|
2012 |
1425 |
|
2011 |
1283 |
|
2010 |
1252 |
Auditor Name Öhrlings PricewaterhouseCoopers
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 |
28220 |
|
Activity
Description |
Manufacture
of lifting and handling equipment |
|
Industry
Average Credit Rating |
81 (1 -
100) |
|
Industry
Average Credit Limit |
1.899.000 |
|
Event
Date |
Event Description |
|
12/06/2015 |
Company representatives, changed |
|
12/06/2015 |
Authorised signatories amended or new/amended vacancy text |
|
12/05/2015 |
Certificate,
registered |
|
14/04/2015 |
Company
representatives, changed |
|
14/04/2015 |
Authorised signatories
amended or new/amended vacancy text |
|
10/04/2015 |
Certificate,
deregistered |
|
28/10/2014 |
Group Structure
Change |
|
22/10/2014 |
Group Structure
Change |
|
16/10/2014 |
Group Structure
Change |
|
15/10/2014 |
Annual account,
new |
|
09/10/2014 |
Group Structure
Change |
|
08/10/2014 |
Annual report
(PDF), new |
|
08/10/2014 |
Group Structure
Change |
|
06/10/2014 |
Group Structure
Change |
|
20/09/2014 |
Authorised
signatories amended or new/amended vacancy text |
|
20/09/2014 |
Company representatives,
changed |
|
05/09/2014 |
Group Structure
Change |
|
18/07/2014 |
Group Structure
Change |
|
07/07/2014 |
Group Structure
Change |
|
03/02/2014 |
Group Structure
Change |
|
28/01/2014 |
Authorised
signatories amended or new/amended vacancy text |
|
28/01/2014 |
Company
representatives, changed |
|
28/01/2014 |
Limit, increase |
|
20/12/2013 |
Company
representatives, changed |
|
10/12/2013 |
Authorised
signatories amended or new/amended vacancy text |
|
10/12/2013 |
Limit, decrease |
|
10/12/2013 |
Company
representatives, changed |
|
15/11/2013 |
Group Structure
Change |
|
13/11/2013 |
Group Structure
Change |
|
12/11/2013 |
Group Structure
Change |
|
11/11/2013 |
Annual account,
new |
|
11/11/2013 |
Group Structure
Change |
|
06/11/2013 |
Annual report (PDF),
new |
|
25/10/2013 |
Group Structure
Change |
|
21/10/2013 |
Group Structure
Change |
|
09/10/2013 |
Group Structure
Change |
|
30/08/2013 |
Group Structure
Change |
|
23/08/2013 |
Group Structure
Change |
|
15/06/2013 |
Company
representatives, changed |
|
15/06/2013 |
Authorised
signatories amended or new/amended vacancy text |
|
26/03/2013 |
Authorised
signatories amended or new/amended vacancy text |
|
26/03/2013 |
Company
representatives, changed |
|
21/11/2012 |
Company
representatives, changed |
|
21/11/2012 |
Annual report
(PDF), new |
|
21/11/2012 |
Authorised
signatories amended or new/amended vacancy text |
|
06/11/2012 |
Certificate,
registered |
|
01/11/2012 |
Annual account,
new |
|
17/10/2012 |
Authorised signatories
amended or new/amended vacancy text |
|
17/10/2012 |
Company
representatives, changed |
|
15/10/2012 |
Annual report
(PDF), new |
|
30/05/2012 |
Company
representatives, changed |
|
30/05/2012 |
Board, changed |
|
30/05/2012 |
Authorised signatories
amended or new/amended vacancy text |
|
17/05/2012 |
Authorised
signatories amended or new/amended vacancy text |
|
17/05/2012 |
Company
representatives, changed |
|
17/05/2012 |
Board, changed |
|
19/11/2011 |
Authorised signatories
amended or new/amended vacancy text |
|
19/11/2011 |
Company
representatives, changed |
|
19/11/2011 |
Board, changed |
|
15/11/2011 |
Company
representatives, changed |
|
15/11/2011 |
Authorised
signatories amended or new/amended vacancy text |
|
15/11/2011 |
Board, changed |
|
10/11/2011 |
Authorised
signatories amended or new/amended vacancy text |
|
10/11/2011 |
Limit, increase |
|
10/11/2011 |
Company
representatives, changed |
|
10/11/2011 |
Board, changed |
|
07/11/2011 |
Annual account,
new |
|
02/11/2011 |
Annual report
(PDF), new |
|
01/09/2011 |
Board, changed |
|
07/05/2011 |
Authorised
signatories amended or new/amended vacancy text |
|
07/05/2011 |
Limit, decrease |
|
07/05/2011 |
Board, changed |
|
07/05/2011 |
Company
representatives, changed |
|
29/03/2011 |
Fax number, new |
|
29/03/2011 |
Phone number,
new |
|
27/11/2010 |
Company
representatives, changed |
|
27/11/2010 |
Board, changed |
|
27/11/2010 |
Authorised
signatories amended or new/amended vacancy text |
|
09/11/2010 |
Board, changed |
|
09/11/2010 |
Authorised
signatories amended or new/amended vacancy text |
|
09/11/2010 |
Company
representatives, changed |
|
19/10/2010 |
Annual account,
new |
|
06/10/2010 |
Annual report
(PDF), new |
|
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 |
4.120.927.000 |
4.192.664.000 |
4.084.860.000 |
|
Operating
Costs |
3.993.533.000 |
4.059.924.000 |
4.011.796.000 |
|
Operating
Profit |
127.394.000 |
132.740.000 |
73.064.000 |
|
Financial
Income |
1.866.000 |
974.000 |
646.000 |
|
Financial
Expenses |
-4.819.000 |
-8.329.000 |
-7.511.000 |
|
Extraordinary
Income |
- |
- |
- |
|
Extraordinary
Costs |
- |
- |
- |
|
Profit
before Tax |
124.441.000 |
125.385.000 |
66.199.000 |
|
Tax |
-31.366.000 |
-28.270.000 |
-16.450.000 |
|
Profit
after Tax |
93.075.000 |
97.115.000 |
49.749.000 |
|
Minority
Interests |
- |
- |
- |
|
Other
Appropriations |
17.495.000 |
16.058.000 |
-1.487.000 |
|
Retained
Profit |
110.570.000 |
113.173.000 |
48.262.000 |
|
Financial Year |
2014 |
2013 |
2012 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
No |
No |
No |
|
Land & Buildings |
- |
- |
- |
|
Plant & Machinery |
179.251.000 |
185.883.000 |
226.294.000 |
|
Other Tangible Assets |
65.496.000 |
34.116.000 |
35.677.000 |
|
Total Tangible Assets |
244.747.000 |
219.999.000 |
261.971.000 |
|
Goodwill |
- |
- |
- |
|
Other Intangible Assets |
28.620.000 |
36.363.000 |
44.002.000 |
|
Total Intangible Assets |
28.620.000 |
36.363.000 |
44.002.000 |
|
Loans To Group |
- |
- |
- |
|
Other Loans |
- |
- |
- |
|
Miscellaneous Fixed Assets |
500.000 |
500.000 |
500.000 |
|
Total Other Fixed Assets |
500.000 |
500.000 |
500.000 |
|
TOTAL FIXED ASSETS |
273.867.000 |
256.862.000 |
306.473.000 |
|
Work In Progress |
23.482.000 |
- |
- |
|
Other Inventories |
196.636.000 |
250.812.000 |
280.859.000 |
|
Total Inventories |
220.118.000 |
250.812.000 |
280.859.000 |
|
Trade Receivables |
684.744.000 |
176.279.000 |
178.973.000 |
|
Group Receivables |
- |
556.383.000 |
451.895.000 |
|
Miscellaneous Receivables |
54.882.000 |
41.644.000 |
47.744.000 |
|
Total Receivables |
739.626.000 |
774.306.000 |
678.612.000 |
|
Cash |
205.913.000 |
172.142.000 |
81.081.000 |
|
Other Current Assets |
- |
- |
- |
|
TOTAL CURRENT ASSETS |
1.165.657.000 |
1.197.260.000 |
1.040.552.000 |
|
TOTAL ASSETS |
1.439.524.000 |
1.454.122.000 |
1.347.025.000 |
|
Trade Payables |
295.900.000 |
308.056.000 |
300.794.000 |
|
Bank Liabilities |
- |
- |
- |
|
Group Payables |
107.629.000 |
157.010.000 |
77.164.000 |
|
Miscellaneous Liabilities |
254.437.000 |
220.804.000 |
220.219.000 |
|
TOTAL CURRENT LIABILITIES |
657.966.000 |
685.870.000 |
598.177.000 |
|
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 |
302.397.000 |
324.001.000 |
326.665.000 |
|
TOTAL LONG TERM LIABILITIES |
302.397.000 |
324.001.000 |
326.665.000 |
|
TOTAL LIABILITIES |
960.363.000 |
1.009.871.000 |
924.842.000 |
|
Called Up Share Capital |
11.000.000 |
11.000.000 |
11.000.000 |
|
Share Premium |
- |
- |
- |
|
Revenue Reserves |
536.021.000 |
516.555.000 |
443.918.000 |
|
Other Reserves |
-67.860.000 |
-83.304.000 |
-32.735.000 |
|
TOTAL SHAREHOLDERS EQUITY |
479.161.000 |
444.251.000 |
422.183.000 |
|
Contingent Liabilities |
2.810.000 |
2.557.000 |
2.256.000 |
|
Working Capital |
507.691.000 |
511.390.000 |
442.375.000 |
|
Net Worth |
450.541.000 |
407.888.000 |
378.181.000 |
|
Pre-Tax Profit Margin |
3.02 % |
2.99 % |
1.62 % |
|
Return On Capital Employed |
5.93 % |
5.86 % |
3.40 % |
|
Return On Total Assets Employed |
8.64 % |
8.62 % |
4.91 % |
|
Return On Net Assets Employed |
25.97 % |
28.22 % |
15.68 % |
|
Sales/Net Working Capital |
8.12 |
8.20 |
9.23 |
|
Stock Turnover Ratio |
5.34 % |
5.98 % |
6.88 % |
|
Debtor Days |
60.65 |
15.35 |
15.99 |
|
Creditor Days |
26.21 |
26.82 |
26.88 |
|
Current Ratio |
1.77 |
1.75 |
1.74 |
|
Liquidity Ratio/Acid Test |
1.44 |
1.38 |
1.27 |
|
Current Debt Ratio |
1.37 |
1.54 |
1.42 |
|
Gearing |
0 |
0 |
0 |
|
Equity In Percentage |
33.97 % |
31.35 % |
32.41 % |
|
Total Debt Ratio |
2.00 |
2.27 |
2.19 |
|
Issued Share Capital |
11.000.000 SEK |
No shareholders data for this company.
|
Name |
Appointment Date |
Position |
|
Bollini, Ambrogio |
19/09/2014 |
Chairman of Board |
|
Sven Kristian William Björkman |
27/01/2014 |
Actual Member of Board |
|
Fischer, Matthias |
16/05/2012 |
Actual Member of Board |
|
Hirooki Fujiwara |
11/06/2015 |
Foreign Resident outside the EEA |
|
Ogawa, Takaki |
16/10/2012 |
Actual Member of Board |
|
Daniel Mårten Henning Hellkvist |
08/11/2010 |
Actual Member of Board |
|
Hans Peter Carlsson |
19/09/2014 |
Actual Member of Board |
|
Lars Jonas Larsson |
18/08/2004 |
Actual Member of Board |
|
Mona Christina Gudrun Hillman |
13/04/2015 |
Actual Member of Board |
|
Annika Gertrud Maria Norin |
29/05/2012 |
Substitute |
|
Carl Magnus Tengvert |
26/07/2000 |
Substitute |
|
Maria Elisabeth André |
13/04/2015 |
Substitute |
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Jan Roland Pettersson |
25/03/2013 |
Actual Member of Board |
13/04/2015 |
|
Thore Rayner Fredriksson |
25/03/2013 |
Substitute |
13/04/2015 |
|
Hara, Keizo |
16/10/2012 |
Actual Member of Board |
19/09/2014 |
|
Krister
Erik Sanfridsson |
23/08/2010 |
Actual Member of Board |
19/09/2014 |
|
Fischer,
Matthias |
16/05/2012 |
Chairman of Board |
19/09/2014 |
|
Bollini,
Ambrogio |
09/12/2013 |
Managing Director |
27/01/2014 |
|
Anders
Sven Eric Claeson |
23/08/2010 |
Actual Member of Board |
09/12/2013 |
|
Leif Arne
Axelsson |
08/11/2010 |
Substitute |
20/11/2012 |
|
van Leeuwen,
Johannes Pieter Herman |
09/11/2011 |
Actual Member of Board |
16/10/2012 |
|
Ann
Patrice Maria Hågård |
26/11/2010 |
Substitute |
29/05/2012 |
|
Berndt
Inge Håkan Dahllöf |
23/08/2010 |
Chairman of Board |
16/05/2012 |
|
Bo
Christer Högberg |
10/05/1999 |
Actual Member of Board |
16/05/2012 |
|
John Håkan
Schill |
02/09/1997 |
Actual Member of Board |
06/05/2011 |
|
Per Ola
Samuel Post |
06/05/2009 |
Substitute |
26/11/2010 |
|
Claes Palm |
18/08/2004 |
Actual Member of Board |
23/08/2010 |
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 |
|
Number Of
Distraint Or Repossessions |
0 |
|
Number
Of Public Claims |
0 |
|
Number
Of Private Claims |
0 |
|
Number
Of Applications |
0 |
|
Number
Of Revoked Applications |
6 |
No Latest Public Claim for this company.
No Latest Private Claim for this company.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.89 |
|
|
1 |
Rs.99.10 |
|
Euro |
1 |
Rs.70.12 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
ANK |
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.