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Report No. : |
326229 |
|
Report Date : |
06.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
GUDRUN SJÖDÉN DESIGN AKTIEBOLAG |
|
|
|
|
Registered Office : |
Box 47633, 11794 Stockholm |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
24.11.1976 |
|
|
|
|
Com. Reg. No.: |
5561938233 |
|
|
|
|
Legal Form : |
Limited liability company |
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|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
102 |
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 – 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 |
GUDRUN SJÖDÉN DESIGN
AKTIEBOLAG
Company
Summary
|
|
|
Business Name |
GUDRUN SJÖDÉN DESIGN AKTIEBOLAG |
|
Country |
SWEDEN |
|
Company Registration Number |
5561938233 |
|
Activity Code |
47912 |
|
Activity Description |
Retail sale of clothing via mail order houses or via
Internet |
|
Company Status |
Active (Active) |
|
Latest Turnover Figure |
267.826.000 SEK |
|
Latest Shareholder Equity
Figure |
58.277.000 SEK |
|
Local Score |
97 |
|
Local Description |
Very good credit worthiness |
Basic
Information
|
|
|
Business Name |
Gudrun Sjödén Design Aktiebolag |
|
Registered Company Name |
Gudrun Sjödén Design Aktiebolag |
|
Company Registration Number |
5561938233 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556193823301 |
|
Date of Company Registration |
24/11/1976 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active (Active) |
|
Currency of this Report |
SEK |
|
Principal Activity Code |
No code |
|
Principal Activity Description |
The Company shall trade in clothing products and operate
compatible business. |
|
Contact Address |
Box 47633, 11794 STOCKHOLM |
|
Contact Telephone Number |
08-50528080 |
Main
Address
|
|
|
Address |
Box 47633, 11794 STOCKHOLM |
|
Country |
SWEDEN |
|
Telephone |
08-50528080 |
|
Address |
Country |
|
Address |
Götgatan 44, 11826 |
|
Country |
SWEDEN |
|
Address |
Regeringsgatan 30, 11153 |
|
Country |
SWEDEN |
|
Address |
Södra Larmgatan 18, 41116 |
|
Country |
SWEDEN |
|
Address |
Skomakaregatan 12, 21134 |
|
Country |
SWEDEN |
|
Address |
Upplagsvägen 1, 11743 |
|
Country |
SWEDEN |
|
Address |
Stora Nygatan 33, 11127 |
|
Country |
SWEDEN |
Activities
|
|
|
Activity Code |
Activity Description |
|
47912 |
Retail sale of clothing via mail order houses or via
Internet |
|
47713 |
Retail sale of women''s clothing in specialised stores |
order@gudrunsjoden.se
www.gudrunsjoden.se
|
Year |
Number of Employees |
|
2014 |
102 |
|
2013 |
100 |
|
2012 |
99 |
|
2011 |
98 |
|
2010 |
98 |
Advisors
|
|
|
Auditor Name |
Karin Elisabeth Nilsson |
Tax
Registrations
|
|
|
Registered for FTax |
Yes |
|
Registered for VAT |
Yes |
|
Registered for Employee Tax |
Yes |
|
Type |
Category |
Issuer |
No certificate information for this company
|
Activity Code |
47912 |
|
|
|
Activity Description |
Retail sale of clothing via mail order houses or via
Internet |
|
|
|
Industry Average Credit
Rating |
66 (1 - 100) |
|
|
|
Industry Average Credit
Limit |
109.000 |
|
|
Event
History
|
|
|
|
|
Event Date |
Event Description |
|
|
|
25/02/2015 |
Authorised signatories amended or new/amended vacancy
text |
|
|
|
25/02/2015 |
Company representatives, changed |
|
|
|
13/11/2014 |
Group Structure Change |
|
|
|
12/11/2014 |
Annual account, new |
|
|
|
12/11/2014 |
Group Structure Change |
|
|
|
11/11/2014 |
Company representatives, changed |
|
|
|
11/11/2014 |
Authorised signatories amended or new/amended vacancy
text |
|
|
|
06/11/2014 |
Annual report (PDF), new |
|
|
|
27/05/2014 |
Authorised signatories amended or new/amended vacancy
text |
|
|
|
27/05/2014 |
Company representatives, changed |
|
|
|
03/12/2013 |
Group Structure Change |
|
|
|
02/12/2013 |
Annual account, new |
|
|
|
28/11/2013 |
Annual report (PDF), new |
|
|
|
27/11/2013 |
Company representatives, changed |
|
|
|
27/11/2013 |
Authorised signatories amended or new/amended vacancy
text |
|
|
|
05/06/2013 |
Company representatives, changed |
|
|
|
05/06/2013 |
Authorised signatories amended or new/amended vacancy
text |
|
|
|
12/12/2012 |
Annual account, new |
|
|
|
05/12/2012 |
Annual report (PDF), new |
|
|
|
13/12/2011 |
Annual account, new |
|
|
|
06/12/2011 |
Annual report (PDF), new |
|
|
|
25/08/2011 |
Company representatives, changed |
|
|
|
25/08/2011 |
Board, changed |
|
|
|
25/08/2011 |
Authorised signatories amended or new/amended vacancy
text |
|
|
|
14/12/2010 |
Annual account, new |
|
|
|
03/12/2010 |
Annual report (PDF), new |
|
|
|
16/11/2010 |
Board, changed |
|
|
|
16/11/2010 |
Company representatives, changed |
|
|
|
16/11/2010 |
Authorised signatories amended or new/amended vacancy
text |
|
|
Status
History
|
|
|
|
|
No status history events for this company |
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|
|
Profit
and Loss
|
|||
|
Financial Year |
2014 |
2013 |
2012 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
No |
No |
No |
|
Revenue |
268.931.000 |
245.349.000 |
256.837.000 |
|
Operating Costs |
247.722.000 |
248.447.000 |
250.819.000 |
|
Operating Profit |
21.209.000 |
-3.098.000 |
6.018.000 |
|
Wages & Salaries |
-69.887.000 |
-63.006.000 |
-59.422.000 |
|
Depreciation |
-448.000 |
-471.000 |
-368.000 |
|
Financial Income |
536.000 |
898.000 |
695.000 |
|
Financial Expenses |
-8.000 |
-8.000 |
-254.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
- |
- |
- |
|
Profit before Tax |
21.737.000 |
-2.208.000 |
6.459.000 |
|
Tax |
-4.096.000 |
-216.000 |
-1.332.000 |
|
Profit after Tax |
17.641.000 |
-2.424.000 |
5.127.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
-3.826.000 |
2.500.000 |
-1.464.000 |
|
Retained Profit |
13.815.000 |
76.000 |
3.663.000 |
Balance
Sheet
|
|||
|
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 |
1.855.000 |
2.194.000 |
2.599.000 |
|
Total Tangible Assets |
1.855.000 |
2.194.000 |
2.599.000 |
|
Goodwill |
- |
- |
- |
|
Other Intangible Assets |
- |
- |
- |
|
Total Intangible Assets |
- |
- |
- |
|
Loans To Group |
- |
- |
- |
|
Other Loans |
- |
- |
- |
|
Miscellaneous Fixed Assets |
- |
- |
- |
|
Total Other Fixed Assets |
- |
- |
- |
|
TOTAL FIXED ASSETS |
1.855.000 |
2.194.000 |
2.599.000 |
|
Work In Progress |
- |
- |
- |
|
Other Inventories |
20.422.000 |
20.112.000 |
21.391.000 |
|
Total Inventories |
20.422.000 |
20.112.000 |
21.391.000 |
|
Trade Receivables |
5.351.000 |
5.523.000 |
6.844.000 |
|
Group Receivables |
29.496.000 |
17.765.000 |
14.372.000 |
|
Miscellaneous Receivables |
5.616.000 |
7.889.000 |
12.760.000 |
|
Total Receivables |
40.463.000 |
31.177.000 |
33.976.000 |
|
Cash |
77.295.000 |
40.210.000 |
35.051.000 |
|
Other Current Assets |
- |
20.000.000 |
19.191.000 |
|
TOTAL CURRENT ASSETS |
138.180.000 |
111.499.000 |
109.609.000 |
|
TOTAL ASSETS |
140.035.000 |
113.693.000 |
112.208.000 |
|
Trade Payables |
11.555.000 |
11.252.000 |
12.839.000 |
|
Bank Liabilities |
- |
- |
- |
|
Group Payables |
- |
5.205.000 |
- |
|
Miscellaneous Liabilities |
26.272.000 |
20.855.000 |
19.566.000 |
|
TOTAL CURRENT LIABILITIES |
37.827.000 |
37.312.000 |
32.405.000 |
|
Bank Liabilities Due After 1
Year |
- |
- |
- |
|
Other Loans Or Finance Due
After 1 Year |
- |
- |
- |
|
Group Payables Due After 1
Year |
26.553.000 |
15.764.000 |
10.339.000 |
|
Miscellaneous Liabilities
Due After 1 Year |
17.378.000 |
13.552.000 |
16.052.000 |
|
TOTAL LONG TERM LIABILITIES |
43.931.000 |
29.316.000 |
26.391.000 |
|
TOTAL LIABILITIES |
81.758.000 |
66.628.000 |
58.796.000 |
|
Called Up Share Capital |
150.000 |
150.000 |
150.000 |
|
Share Premium |
- |
- |
- |
|
Revenue Reserves |
60.700.000 |
47.309.000 |
53.726.000 |
|
Other Reserves |
-2.573.000 |
-394.000 |
-464.000 |
|
TOTAL SHAREHOLDERS EQUITY |
58.277.000 |
47.065.000 |
53.412.000 |
Other
Financials
|
|||
|
Contingent Liabilities |
- |
- |
- |
|
Working Capital |
100.353.000 |
74.187.000 |
77.204.000 |
|
Net Worth |
58.277.000 |
47.065.000 |
53.412.000 |
|
Ratios |
|
|
|
|
Pre-Tax Profit Margin |
8.08 % |
-0.90 % |
2.51 % |
|
Return On Capital Employed |
12.22 % |
-1.46 % |
4.47 % |
|
Return On Total Assets
Employed |
15.52 % |
-1.94 % |
5.76 % |
|
Return On Net Assets
Employed |
37.30 % |
-4.69 % |
12.09 % |
|
Sales/Net Working Capital |
2.68 |
3.31 |
3.33 |
|
Stock Turnover Ratio |
7.59 % |
8.20 % |
8.33 % |
|
Debtor Days |
7.26 |
8.22 |
9.73 |
|
Creditor Days |
15.68 |
16.74 |
18.25 |
|
Current Ratio |
3.65 |
2.99 |
3.38 |
|
Liquidity Ratio/Acid Test |
3.11 |
2.45 |
2.72 |
|
Current Debt Ratio |
0.65 |
0.79 |
0.61 |
|
Gearing |
45.56 % |
33.49 % |
19.36 % |
|
Equity In Percentage |
41.62 % |
41.40 % |
47.60 % |
|
Total Debt Ratio |
1.40 |
1.42 |
1.10 |
Share
Capital Structure
|
|||
|
Issued Share Capital |
150.000 SEK |
|
|
Shareholders
|
|
||
|
No shareholders data for this company. |
|
|
|
Current
Directors
|
|||
|
Name |
Appointment Date |
Position |
|
|
Gudrun Sjödén |
26/11/2013 |
Chairman of Board |
|
|
Hebrant, Truls |
26/05/2014 |
Actual Member of Board |
|
|
Ann Maria Lundvall |
23/09/2004 |
Actual Member of Board |
|
|
Anna Katarina Sjödén |
04/06/2013 |
Actual Member of Board |
|
|
Linda Viviann Bradley |
26/11/2013 |
Actual Member of Board |
|
Previous
Directors
|
|||
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Gudrun Sjödén |
10/11/2014 |
Managing Director |
24/02/2015 |
|
Frida Linnéa Gregemar |
26/11/2013 |
Actual Member of Board |
10/11/2014 |
|
Nils Tommy Adamsson |
30/10/2003 |
Actual Member of Board |
26/11/2013 |
|
Marcus Fredrik Engman |
07/06/2004 |
Actual Member of Board |
26/11/2013 |
|
Björn Bernhard Sjödén |
25/06/1992 |
Actual Member of Board |
26/11/2013 |
|
Tobias Sjödén |
25/06/1992 |
Substitute |
04/06/2013 |
Debt Balance
|
Currency |
SEK |
Debt Balance
|
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 |
2 |
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.63.90 |
|
|
1 |
Rs.97.98 |
|
Euro |
1 |
Rs.71.82 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
ASH |
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.