|
Report No. : |
324032 |
|
Report Date : |
01.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
WIRE SANDVIKEN AB |
|
|
|
|
Registered Office : |
81181 Sandviken |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
12.03.2009 |
|
|
|
|
Com. Reg. No.: |
5567793897 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
The Company shall engage in the development, manufacture and
sale of steel and other metal and metal alloy products, leases of various
types of licenses pertaining thereto, together with associated activities. |
|
|
|
|
No. of Employees : |
Nil |
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 – 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. In September
2003, Swedish voters voted against a referendum on euro zone entry 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; the engineering sector accounts for
about 50% of output and exports. Agriculture accounts for little more than 1%
of GDP and employment. Until 2008, Sweden was in the midst of a sustained economic
upswing, boosted by increased domestic demand and strong exports. Despite sound
public finances, the Swedish economy slid into recession in the third quarter
of 2008 and the contraction continued into 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 slowed in 2013, as a result of continued economic weakness in
the EU - Sweden’s main export market – and remained weak in 2014.
|
Source
: CIA |
|
Business Name |
Wire Sandviken AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5567793897 |
|
Activity Code |
24340 |
|
Activity Description |
Cold drawing of wire |
|
Company Status |
Commission (Other) |
|
Latest Turnover Figure |
- |
|
|
|
Basic
Information
|
|
|
Business Name |
Wire Sandviken AB |
|
Registered Company Name |
Wire Sandviken AB |
|
Company Registration Number |
5567793897 |
|
Country |
Sweden |
|
VAT Registration Number |
via VAT group |
|
Date of Company Registration |
12/03/2009 |
|
Legal Form |
Limited Liability Company |
|
Company Status |
Commission (Other) |
|
Currency of this Report |
SEK |
|
Principal Activity Code |
No code |
|
Principal Activity Description |
The Company shall engage in the development, manufacture
and sale of steel and other metal and metal alloy products, leases of various
types of licenses pertaining thereto, together with associated activities. |
|
Contact Address |
81181 Sandviken |
|
Contact Telephone Number |
026-260000 |
|
|
|
Main
Address
|
|
|
Address |
81181 SANDVIKEN |
|
Country |
SWEDEN |
|
Telephone |
026-260000 |
|
Address |
Country |
|
No other addresses for this company |
|
|
|
|
Activities
|
|
|
Activity Code |
Activity
Description |
|
24340 |
Cold drawing of wire |
|
24310 |
Cold drawing of bars |
|
24320 |
Cold rolling of narrow strip |
|
20590 |
Manufacture of other chemical products n.e.c. |
|
24450 |
Other non-ferrous metal production |
No email addresses for this company
No websites for this company
|
Year |
Number of
Employees |
|
|
2013 |
0 |
|
|
2012 |
0 |
|
|
2011 |
0 |
|
|
2010 |
0 |
|
|
2009 |
0 |
|
|
|
|
|
Advisors
|
|
|
|
Auditor Name |
KPMG AB |
|
|
|
|
|
Tax
Registrations
|
|
|
|
Registered for FTax |
Yes |
|
|
Registered for VAT |
Yes |
|
|
Registered for Employee Tax |
Yes |
|
|
|
|
|
Certificates
|
|
|
|
Type |
Category |
Issuer |
|
No certificate information for this company |
|
|
|
|
|
|
Industry
Comparison
|
|
|
|
Activity Code |
24340 |
|
|
Activity Description |
Cold drawing of wire |
|
|
Event Date |
Event Description |
|
21/05/2015 |
Group Structure Change |
|
19/05/2015 |
Group Structure
Change |
|
14/05/2015 |
Group Structure
Change |
|
13/05/2015 |
Group Structure
Change |
|
03/03/2015 |
Certificate,
registered |
|
30/01/2015 |
Company
representatives, changed |
|
30/01/2015 |
Authorised signatories
amended or new/amended vacancy text |
|
06/11/2014 |
Group Structure
Change |
|
16/10/2014 |
Company
representatives, changed |
|
16/10/2014 |
Authorised
signatories amended or new/amended vacancy text |
|
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 |
Group Structure
Change |
|
24/07/2014 |
Group Structure
Change |
|
23/07/2014 |
Group Structure
Change |
|
22/07/2014 |
Group Structure
Change |
|
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 |
|
30/06/2014 |
Annual account,
new |
|
Event Date |
Event
Description |
|
24/06/2014 |
Annual report (PDF), new |
|
14/01/2014 |
Company representatives, changed |
|
14/01/2014 |
Authorised signatories amended or new/amended vacancy text |
|
19/11/2013 |
Company representatives, changed |
|
19/11/2013 |
Authorised signatories amended or new/amended vacancy text |
|
02/10/2013 |
Group Structure Change |
|
25/09/2013 |
Group Structure Change |
|
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 |
|
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 |
Group Structure Change |
|
29/07/2013 |
Group Structure Change |
|
24/07/2013 |
Annual account, new |
|
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 |
Authorised signatories amended or new/amended vacancy text |
|
09/07/2013 |
Company representatives, changed |
|
08/07/2013 |
Group Structure Change |
|
04/07/2013 |
Annual report (PDF), new |
|
03/07/2013 |
Group Structure Change |
|
01/07/2013 |
Group Structure Change |
|
13/03/2013 |
Company representatives, changed |
|
13/03/2013 |
Authorised signatories amended or new/amended vacancy text |
|
22/08/2012 |
Annual account, new |
|
16/07/2012 |
Annual report (PDF), new |
|
28/06/2012 |
Company representatives, changed |
|
28/06/2012 |
Authorised signatories amended or new/amended vacancy text |
|
Event Date |
Event
Description |
|
28/06/2012 |
Board, changed |
|
02/08/2011 |
Company representatives, changed |
|
02/08/2011 |
Board, changed |
|
02/08/2011 |
Authorised signatories amended or new/amended vacancy text |
|
01/07/2011 |
Annual account, new |
|
24/06/2011 |
Annual report (PDF), new |
|
23/06/2010 |
Status, changed |
|
23/06/2010 |
Annual account, new |
|
10/06/2010 |
Annual report (PDF), new |
|
05/06/2010 |
Authorised signatory, changed |
|
05/06/2010 |
Board, changed |
|
05/06/2010 |
Company representatives, changed |
|
|
|
|
Status History |
|
|
Date |
23/06/2010 |
|
Event Description |
Commission |
|
Financial Year |
2013 |
2012 |
2011 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
No |
No |
No |
|
Revenue |
- |
- |
- |
|
Operating Costs |
- |
- |
- |
|
Operating Profit |
- |
- |
- |
|
Wages & Salaries |
- |
- |
- |
|
Depreciation |
- |
- |
- |
|
Financial Income |
- |
- |
- |
|
Financial Expenses |
- |
- |
- |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
- |
- |
- |
|
Profit before Tax |
- |
- |
- |
|
Tax |
- |
- |
- |
|
Profit after Tax |
- |
- |
- |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
- |
- |
- |
|
Retained Profit |
- |
- |
- |
|
Financial Year |
2013 |
2012 |
2011 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated
Accounts |
No |
No |
No |
|
Land & Buildings |
- |
- |
- |
|
Plant & Machinery |
- |
- |
- |
|
Other Tangible Assets |
- |
- |
- |
|
Total Tangible Assets |
- |
- |
- |
|
Goodwill |
- |
- |
- |
|
Other Intangible Assets |
- |
- |
- |
|
Total Intangible Assets |
- |
- |
- |
|
Loans To Group |
100.000 |
- |
- |
|
Other Loans |
- |
- |
- |
|
Miscellaneous Fixed Assets |
- |
- |
- |
|
Total Other Fixed Assets |
100.000 |
- |
- |
|
TOTAL FIXED ASSETS |
100.000 |
- |
- |
|
Work In Progress |
- |
- |
- |
|
Other Inventories |
- |
- |
- |
|
Total Inventories |
- |
- |
- |
|
Trade Receivables |
- |
- |
- |
|
Group Receivables |
- |
100.000 |
100.000 |
|
Miscellaneous Receivables |
- |
- |
- |
|
Total Receivables |
- |
100.000 |
100.000 |
|
Cash |
- |
- |
- |
|
Other Current Assets |
- |
- |
- |
|
TOTAL CURRENT ASSETS |
- |
100.000 |
100.000 |
|
TOTAL ASSETS |
100.000 |
100.000 |
100.000 |
|
Trade Payables |
- |
- |
- |
|
Bank Liabilities |
- |
- |
- |
|
Group Payables |
- |
- |
- |
|
Miscellaneous Liabilities |
- |
- |
- |
|
TOTAL CURRENT LIABILITIES |
- |
- |
- |
|
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 |
- |
- |
- |
|
TOTAL LONG TERM LIABILITIES |
- |
- |
- |
|
TOTAL LIABILITIES |
- |
- |
- |
|
Called Up Share Capital |
100.000 |
100.000 |
100.000 |
|
Share Premium |
- |
- |
- |
|
Revenue Reserves |
- |
- |
- |
|
Other Reserves |
- |
- |
- |
|
TOTAL SHAREHOLDERS EQUITY |
100.000 |
100.000 |
100.000 |
|
Contingent Liabilities |
- |
- |
- |
|
Working Capital |
- |
100.000 |
100.000 |
|
Net Worth |
100.000 |
100.000 |
100.000 |
|
|
|
|
|
Ratios
|
|
|
|
|
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 |
|
Current Debt Ratio |
0.00 |
0.00 |
0.00 |
|
Gearing |
0 |
0 |
0 |
|
Equity In Percentage |
0 |
100.00 % |
100.00 % |
|
Total Debt Ratio |
0.00 |
0.00 |
0.00 |
No shareholders data for this company.
|
Name |
Appointment Date |
Position |
|
Bert Nicklas Linus Nilsson |
29/01/2015 |
Chairman of Board |
|
Per Torsten Lidström |
29/01/2015 |
Actual Member of Board |
|
Anders Martin Ekelund |
08/07/2013 |
Actual Member of Board |
|
Andreas Erik Urban Burman |
08/07/2013 |
Actual Member of Board |
|
Bengt Joakim Johnsson |
11/01/2014 |
Actual Member of Board |
|
Hans Kenneth Hedén |
16/09/2009 |
Actual Member of Board |
|
Jenny Helene Gunnarson |
29/01/2015 |
Actual Member of Board |
Previous
Directors
|
|||
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Petra Irene Einarsson |
12/03/2013 |
Actual Member of Board |
29/01/2015 |
|
Aldo Peveri |
08/07/2013 |
Actual Member of Board |
29/01/2015 |
|
Anders Erik Joakim Sandberg |
11/01/2014 |
Actual Member of Board |
29/01/2015 |
|
Bert Nicklas Linus Nilsson |
15/10/2014 |
Managing Director |
29/01/2015 |
|
Per Erik Hugo Kreij |
08/07/2013 |
Managing Director |
15/10/2014 |
|
Parag Parshuran Satpute |
08/07/2013 |
Actual Member of Board |
11/01/2014 |
|
Erik Olof Åslund |
01/08/2011 |
Actual Member of Board |
11/01/2014 |
|
Anna Maria Kristina Hugosson |
08/07/2013 |
Substitute |
11/01/2014 |
|
Yu, Philip |
08/07/2013 |
Substitute |
11/01/2014 |
|
Basid Azizi |
16/09/2009 |
Actual Member of Board |
08/07/2013 |
|
Frank Lennart Bångman |
07/05/2009 |
Actual Member of Board |
08/07/2013 |
|
Urban Mats Norberg |
01/08/2011 |
Actual Member of Board |
08/07/2013 |
|
Nils David Strömbom |
27/06/2012 |
Actual Member of Board |
08/07/2013 |
|
Jonas Mikael Gustavsson |
04/06/2010 |
Actual Member of Board |
12/03/2013 |
|
Kim Hansen |
01/08/2011 |
Actual Member of Board |
27/06/2012 |
|
Claes Rune Nilsson |
07/05/2009 |
Actual Member of Board |
01/08/2011 |
|
Lars Olof Skoog |
07/05/2009 |
Actual Member of Board |
04/06/2010 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.76 |
|
|
1 |
Rs.97.80 |
|
Euro |
1 |
Rs.69.91 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
TPT |
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.