|
Report No. : |
327314 |
|
Report Date : |
12.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
NOREX INTERNATIONAL AKTIEBOLAG |
|
|
|
|
Registered Office : |
Box 8948 40273 Göteborg Västra Götaland Göteborg |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
December 2014 |
|
|
|
|
Date of Incorporation : |
07.08.1991 |
|
|
|
|
Com. Reg. No.: |
5564304425 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Wholesale of metals and metal ores. |
|
|
|
|
No. of Employee : |
22 |
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 |
|
Company name |
NOREX
INTERNATIONAL AKTIEBOLAG |
Legal form |
Limited liability company |
|
Company number |
556430-4425 |
Share capital |
100,000 SEK |
|
Safe number |
SE00838324 |
Registration date |
1991-08-07 |
|
VAT number |
SE556430442501 |
E -mail address |
info@norex.se |
|
Address |
Box 8948 |
Web address |
www.norex.se |
|
City |
40273 GÖTEBORG |
Turnover |
280,938 KSEK |
|
Registered county |
VÄSTRA GÖTALAND |
Number of employees |
22 anställda |
|
Registered municipal |
GÖTEBORG |
Number of group companies |
7 companies |
|
Phone |
031-927570 |
Units |
2 units |
|
Fax |
031-927575 |
Status |
Active |
DEBT BALANCE AT THE SWEDISH ENFORCEMENT AUTHORITY
No registered
RECORD OF NON-PAYMENT
No registrered
LATEST RECORD
No records registrered
ULTIMATE PARENT
COMPANY
|
Name |
Company number |
View linked companies from outside this company's group structure |
|
Hergit AB |
5562334291 |
No companies found |
ANNUAL & PART YEAR
ACCOUNTS
|
Annual accounts |
1401-1412 | 1301-1312 |
1201-1212 | 1101-1112 |
1001-1012 |
|
Part year accounts |
No part year accounts registered |
ANNUAL ACCOUNTS
|
ANNUAL ACCOUNTS (KSEK) |
1401-1412 |
|
1301-1312 |
|
1201-1212 |
|
Total net operating income |
280,938 |
10.3 % |
254,679 |
-36.3 % |
399,944 |
|
Operating profit/loss |
12,523 |
263.7 % |
3,443 |
-75.6 % |
14,123 |
|
Profit/loss after financial items |
27,571 |
1,368.1 % |
1,878 |
-91.9 % |
23,309 |
|
Net profit/loss |
23,332 |
444.6 % |
4,284 |
-78.6 % |
20,053 |
|
Current assets |
71,986 |
2.5 % |
70,230 |
-19.3 % |
87,059 |
|
Total fixed assets |
109,834 |
-3.8 % |
114,119 |
-2.1 % |
116,587 |
|
Total current liabilities |
65,284 |
-27.6 % |
90,183 |
-9.6 % |
99,779 |
|
Total long-term debts |
1,015 |
-21.4 % |
1,292 |
- |
0 |
|
Untaxed reserves |
35,207 |
3.9 % |
33,891 |
-10.1 % |
37,702 |
|
Total equity |
80,314 |
36.2 % |
58,983 |
-10.9 % |
66,165 |
|
Total equity & liabilities |
181,820 |
-1.4 % |
184,349 |
-9.5 % |
203,646 |
|
Number of employees |
22 |
-15.4 % |
26 |
-10.3 % |
29 |
|
Floating Charge |
80,000 |
0.0 % |
80,000 |
0.0 % |
80,000 |
|
Auditor’s recommendation to adopt |
Yes |
|
Yes |
|
Yes |
KEY
RATIOS
|
KEY RATIOS |
INDUSTRY1 |
1401-1412 |
1301-1312 |
1201-1212 |
|
Net margin (%) |
|
9.8 |
0.7 |
5.8 |
|
Rate of return (times) |
|
11.6 |
2.1 |
7.0 |
|
Degree of debt (times) |
|
0.6 |
1.1 |
1.1 |
|
Equity Ratio (%) |
|
59.3 |
46.3 |
46.1 |
|
Consolidation (%) |
|
63.5 |
50.4 |
51.0 |
|
Current Ratio (%) |
|
43.8 |
33.0 |
43.3 |
|
Risk buffer (%) |
|
14.3 |
0.2 |
10.6 |
1Industry value 2014: Too few companies in branch group.
OTHER INFORMATION
|
Certificate |
- |
|
Alcohol permit |
0 |
|
Units |
2 |
|
Vehicles |
7 |
TAX
|
|
|
|
|
|
Registred for VAT |
Yes, since 1991-01 |
Tax registration number |
SE556430442501 |
|
Registred for F-tax |
Yes |
Registered for payroll tax |
Yes |
PAYE
|
|
|
|
|
PERIOD |
AMOUNT (SEK) |
NOTIFICATION DATE |
|
2015-04 |
312,465.00 |
13/05/2015 |
|
2015-03 |
331,645.00 |
15/04/2015 |
|
2015-02 |
344,530.00 |
11/03/2015 |
STATUS
HISTORY
No history
INDUSTRY
Industry SN46720 Wholesale of metals and metal ores
Secondary Industry -
ACTIVITY
The company will conduct trading in steel, metals, wood, plastics,
chemicals, and other similar goods both within and outside Sweden, to deliver
ståloch waste related services to the steel industry, to own and manage shares
and participations in subsidiaries and associated activities.
PROFIT & LOSS
FOR YEAR (KSEK)
|
OPERATING INCOME |
2014-12 |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
|
Net sales |
280,634 |
254,354 |
378,370 |
446,489 |
399,293 |
|
Change in inventories of work in progress |
0 |
0 |
0 |
0 |
0 |
|
Work performed by its own use and capitalized |
0 |
0 |
0 |
0 |
0 |
|
Other operating incomes |
304 |
325 |
21,574 |
17,944 |
17,377 |
|
Total net operating income |
280,938 |
254,679 |
399,944 |
464,433 |
416,670 |
|
Raw material and consumables |
0 |
0 |
0 |
0 |
0 |
|
Goods for resale |
-229,781 |
-208,723 |
-320,132 |
-368,198 |
-305,748 |
|
Other external costs |
-14,478 |
-17,490 |
-22,648 |
-29,817 |
-32,835 |
|
Personnel costs |
-18,979 |
-20,252 |
-22,726 |
-20,044 |
-21,934 |
|
Depreciation and write-downs |
-3,992 |
-3,944 |
-588 |
-531 |
-376 |
|
Item affecting comparability |
0 |
0 |
0 |
0 |
0 |
|
Other operating expenses |
-1,185 |
-827 |
-19,727 |
-19,213 |
-17,858 |
|
Total operating costs |
-268,415 |
-251,236 |
-385,821 |
-437,803 |
-378,751 |
|
Operating profit/loss |
12,523 |
3,443 |
14,123 |
26,630 |
37,919 |
|
|
|
|
|
|
|
|
RESULT FROM
FINANCIAL INVESTMENTS |
|
|
|
|
|
|
|
|
|
|
|
|
|
Result from participations in group/associated companies |
16,090 |
0 |
11,013 |
0 |
0 |
|
External interest income |
10 |
42 |
75 |
424 |
366 |
|
Financial internal (group) income |
0 |
0 |
0 |
0 |
0 |
|
Other financial incomes |
34 |
93 |
143 |
229 |
214 |
|
Interest expenses, external |
-1,041 |
-1,550 |
-1,701 |
-2,177 |
-2,770 |
|
Interest expenses, internal (group) |
0 |
0 |
0 |
0 |
0 |
|
Other financial costs |
-45 |
-151 |
-344 |
-285 |
-185 |
|
Total finance investments |
15,048 |
-1,566 |
9,186 |
-1,809 |
-2,375 |
|
Profit/loss after financial items |
27,571 |
1,878 |
23,309 |
24,821 |
35,544 |
|
Extraordinary incomes |
0 |
0 |
0 |
0 |
0 |
|
Extraordinary expenses |
0 |
0 |
0 |
0 |
0 |
|
Group contribute |
0 |
0 |
0 |
0 |
0 |
|
Shareholders contribution |
0 |
0 |
0 |
0 |
0 |
|
Appropriations |
-2,036 |
3,811 |
173 |
-3,607 |
-6,718 |
|
Tax |
-2,203 |
-1,405 |
-3,429 |
-5,891 |
-7,828 |
|
Minority interest and profit |
0 |
0 |
0 |
0 |
0 |
|
Net profit/loss for year |
23,332 |
4,284 |
20,053 |
15,323 |
20,998 |
BALANCE
SHEET (KSEK)
|
ASSETS |
2014-12 |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
|
Subscribed capital unpaid |
0 |
0 |
0 |
0 |
0 |
|
FIXED ASSETS |
|
|
|
|
|
|
Capitalized expenditure for research and development |
3,561 |
7,123 |
10,684 |
0 |
0 |
|
Patents, licenses, etc |
0 |
0 |
0 |
0 |
0 |
|
Goodwill |
0 |
0 |
0 |
0 |
0 |
|
Other intangible asses |
0 |
0 |
0 |
0 |
0 |
|
Total intangible assets |
3,561 |
7,123 |
10,684 |
0 |
0 |
|
Land and buildings |
0 |
0 |
0 |
0 |
0 |
|
Plant and machinery |
0 |
0 |
0 |
0 |
0 |
|
Equipment, tools, fixture and fittings |
1,514 |
2,119 |
1,026 |
1,493 |
1,822 |
|
Other material depriciation |
0 |
0 |
0 |
0 |
0 |
|
Other tangible assets, non depreciation |
0 |
0 |
0 |
0 |
0 |
|
Total tangible assets |
1,514 |
2,119 |
1,026 |
1,493 |
1,822 |
|
Group share |
104,759 |
104,877 |
104,877 |
103,708 |
97,961 |
|
Accounts receivable corporate group/interest group |
0 |
0 |
0 |
0 |
0 |
|
Loan co-owners |
0 |
0 |
0 |
0 |
0 |
|
Other financial assets |
0 |
0 |
0 |
0 |
0 |
|
Total financial assets |
104,759 |
104,877 |
104,877 |
103,708 |
97,961 |
|
Total fixed assets |
109,834 |
114,119 |
116,587 |
105,201 |
99,783 |
|
CURRENT ASSETS |
|
|
|
|
|
|
Work on contract |
0 |
0 |
0 |
0 |
0 |
|
Inventories |
43,359 |
40,467 |
43,864 |
44,623 |
43,582 |
|
Accounts receivable - trade |
16,471 |
15,628 |
23,016 |
25,964 |
24,974 |
|
Accounts receivable corporate group/interest group |
0 |
6,485 |
1,483 |
75 |
3,535 |
|
Other accounts receivable |
11,748 |
5,768 |
13,613 |
17,751 |
11,290 |
|
Short investments |
0 |
0 |
0 |
0 |
0 |
|
Cash and bank balances |
408 |
1,882 |
5,083 |
702 |
21,172 |
|
Other current assets |
0 |
0 |
0 |
0 |
0 |
|
Current assets |
71,986 |
70,230 |
87,059 |
89,115 |
104,553 |
|
Total assets |
181,820 |
184,349 |
203,646 |
194,316 |
204,336 |
EQUITY
AND LIABILITIES (KSEK)
|
EQUITY |
2014-12 |
2013-12 |
2012-12 |
2011-12 |
|
2010-12 |
|
Share capital |
100 |
100 |
100 |
|
100 |
100 |
|
Share premium reserve |
0 |
0 |
0 |
|
0 |
0 |
|
Revaluation reserve |
0 |
0 |
0 |
|
0 |
0 |
|
Other stockholder equity |
20 |
20 |
20 |
|
20 |
20 |
|
Profit or loss brought forward |
56,862 |
56,045 |
45,992 |
45,669 |
|
54,671 |
|
Group contribution |
0 |
-1,466 |
0 |
|
0 |
0 |
|
Shareholders contibution |
0 |
0 |
0 |
|
0 |
0 |
|
Net profit/loss for year |
23,332 |
4,284 |
20,053 |
15,323 |
|
20,998 |
|
Total equity |
80,314 |
58,983 |
66,165 |
61,112 |
|
75,789 |
|
Untaxed reserves |
35,207 |
33,891 |
37,702 |
37,874 |
|
34,268 |
|
Minority interest |
0 |
0 |
0 |
|
0 |
0 |
|
Provisions |
0 |
0 |
0 |
|
0 |
600 |
|
LONG-TERM LIABILITIES |
|
|
|
|
|
|
|
Bond loan |
0 |
0 |
0 |
|
0 |
0 |
|
Liabilities to credit institutions |
1,015 |
1,292 |
0 |
10,000 |
|
26,000 |
|
Liabilities to group/assiciated companies |
0 |
0 |
0 |
|
0 |
0 |
|
Other long-term liabilities |
0 |
0 |
0 |
|
0 |
0 |
|
Total long-term debts |
1,015 |
1,292 |
0 |
10,000 |
|
26,000 |
|
CURRENT LIABILITIES |
|
|
|
|
|
|
|
Liabilities to credit institutions |
24,478 |
59,172 |
45,421 |
29,549 |
|
0 |
|
Accounts payable - trade |
29,798 |
23,868 |
41,286 |
45,422 |
|
49,254 |
|
Liabilities to group/assiciated companies |
2,117 |
118 |
4,234 |
|
118 |
118 |
|
Other short-term liabilities |
8,891 |
7,025 |
8,838 |
10,241 |
|
18,307 |
|
Total current liabilities |
65,284 |
90,183 |
99,779 |
85,330 |
|
67,679 |
|
Total equity & liabilities |
181,820 |
184,349 |
203,646 |
194,316 |
|
204,336 |
KEY
RATIOS
|
|
1 |
2014-12 |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
|
|
INDUSTRY |
|
|
|
|
|
|
PROFITABILITY |
|
|
|
|
|
|
|
Net margin (%) |
|
9.8 |
0.7 |
5.8 |
5.3 |
8.5 |
|
Gross profit margin (%) |
|
18.1 |
17.9 |
15.4 |
17.5 |
23.4 |
|
Operating margin (%) |
|
4.5 |
1.4 |
3.5 |
5.7 |
9.1 |
|
Risk buffer (%) |
|
14.3 |
0.2 |
10.6 |
11.7 |
16.0 |
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
Return on equity (%) |
|
25.6 |
2.2 |
24.8 |
28.1 |
35.4 |
|
Return on total capital (%) |
|
15.8 |
1.9 |
12.5 |
14.0 |
18.8 |
|
Rate of return (times) |
|
11.6 |
2.1 |
7.0 |
11.1 |
13.0 |
|
Return on working capital (%) |
|
12.3 |
6.2 |
17.2 |
28.5 |
30.6 |
|
Return on operational capital (%) |
|
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
SHORT TERM
LIQUIDITY |
|
|
|
|
|
|
|
Current Ratio (%) |
|
43.8 |
33.0 |
43.3 |
52.1 |
90.1 |
|
Balance liquidity (%) |
|
110.3 |
77.9 |
87.3 |
104.4 |
154.5 |
|
Working capital (KSEK) |
|
6,702 |
-19,953 |
-12,720 |
3,785 |
36,874 |
|
LONG TERM
LIQUIDITY |
|
|
|
|
|
|
|
Equity Ratio (%) |
|
59.3 |
46.3 |
46.1 |
45.5 |
49.2 |
|
Consolidation (%) |
63.5 |
50.4 |
51.0 |
50.9 |
53.9 |
|
Average debt/equity ratio (%) |
1.5 |
1.7 |
1.9 |
2.3 |
2.9 |
|
Degree of debt (times) |
0.6 |
1.1 |
1.1 |
1.1 |
0.9 |
|
OPERATIONAL KEY VALUES |
|
|
|
|
|
|
Inventory turnover (times) |
5.5 |
5.0 |
7.2 |
8.3 |
8.2 |
|
Average payment period (days) |
17 |
18 |
17 |
16 |
18 |
|
Capital turnover (times) |
1.5 |
1.4 |
2.0 |
2.4 |
2.0 |
|
Cash flow from operation (%) |
10.5 |
1.7 |
5.1 |
4.2 |
6.7 |
|
Turnover per employee (KSEK) |
12,770 |
9,795 |
13,791 |
16,587 |
16,026 |
|
Accounts recivable turnover (times) |
17 |
16 |
16 |
17 |
16 |
NOTES (KSEK)
|
YEAR |
2014-12 |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
|
Floating charge |
80,000 |
80,000 |
80,000 |
60,000 |
60,000 |
|
Real estate mortgage |
0 |
0 |
0 |
0 |
0 |
|
Other collateral |
97,610 |
97,610 |
97,610 |
97,609 |
97,610 |
|
Sum all collateral |
177,610 |
177,610 |
177,610 |
157,609 |
157,610 |
|
Conditional equity |
0 |
0 |
0 |
0 |
0 |
|
Other contingent liablilites |
8,078 |
8,435 |
17,308 |
27,469 |
29,284 |
|
Sum all contingent liabilities |
8,078 |
8,435 |
17,308 |
27,469 |
29,284 |
|
Salary board/CEO |
2,107 |
2,038 |
3,216 |
4,335 |
3,908 |
|
Tantiem board/CEO |
0 |
0 |
0 |
0 |
0 |
|
Agreed saverance pay |
No |
No |
No |
No |
No |
|
Payroll overhead |
6,085 |
6,264 |
7,542 |
7,070 |
8,057 |
|
Dividend |
35,000 |
2,000 |
10,000 |
15,000 |
30,000 |
|
Accepted bank overdraft |
80,000 |
80,000 |
80,000 |
80,000 |
80,000 |
|
Used bank overdraft |
24,109 |
58,803 |
45,421 |
29,549 |
0 |
Payment remarks / Current debt
No payment remarks or current debt registered
Representative check – 2015-05-18 (Only representatives living in
Sweden – count: 3)
At least one of the representatives has engagements in other companies with bankruptcy
No other negative information was found on any representative
DIRECTORS
|
NAME |
FUNCTION |
SSN |
START DATE |
COMPANY
ENGAGEMENT |
|
Carl Christer Gyberg |
Ledamot Ordförande |
19470213-5254 |
2007-04-20 2014-01-02 |
|
|
Apple, Egberg Josef |
Ledamot Utlandsbosatt inom EES |
490618-0000 |
2015-02-03 2015-02-03 |
|
|
Sture Lennart Fredriksson |
Ledamot |
19480820-5571 |
2015-02-03 |
(7) |
OTHER
POSITIONS
|
NAME |
FUNCTION |
SSN |
START DATE |
COMPANY ENGAGEMENT |
|
John Sture David Fredriksson |
Extern verkställande direktör |
19691227-5515 |
2007-04-20 |
(4) |
AUDITORS
|
NAME |
FUNCTION |
SSN/CO. NO. |
START DATE |
|
Maths Ola Niklas Larsson |
Revisor |
19670723-5518 |
2010-06-21 |
|
Emil Karl-Gustaf Berglund |
Revisorssuppleant |
19771223-5659 |
2010-06-21 |
Authorized signatory
Firman tecknas av styrelsen Firman tecknas två i förening av >ledamöterna Firman tecknas ensam av>Fredriksson, John Sture David
|
NAME |
FUNCTION |
SSN |
START DATE |
END DATE |
COMPANY |
|
Leif Nore Fredriksson |
Ledamot |
19470527-5834 |
1996-03-25 |
2015-02-03 |
|
|
|
|
|
|
|
(3) |
|
Johan Vilhelm Schottenius |
Ledamot |
19560718-4610 |
2014-02-11 |
2015-02-03 |
|
|
|
|
|
|
|
(29) |
|
Anders Gerhard Ullberg |
Ledamot |
19460710-0338 |
2010-06-21 |
2015-02-03 |
(24) |
|
Appel, Egbert Josef |
Ledamot |
490618-0000 |
2007-04-20 |
2014-02-11 |
|
|
|
Utlandsbosatt inom EES |
|
2007-04-20 |
2014-02-11 |
|
|
|
Ordförande |
|
2007-04-20 |
2014-01-02 |
|
|
Sture Lennart Fredriksson |
Ledamot |
19480820-5571 |
1991-08-07 |
2014-01-02 |
(7) |
|
Johan Peter Fredriksson |
Suppleant |
19760722-4875 |
2009-05-20 |
2010-06-21 |
(3) |
OTHER POSITIONS
No information
AUDITORS
No information
STATUS HISTORY
No status history
EVENT HISTORY
|
DATE |
DESCRIPTION |
|
2015-05-01 |
Group Structure Change |
|
2015-04-28 |
Limit, increase |
|
2015-04-28 |
Annual account, new |
|
2015-04-28 |
Group annual accout, new |
|
2015-04-22 |
Annual report (PDF), new |
|
2015-02-04 |
Authorised signatories amended or new/amended vacancy text |
|
2015-02-04 |
Company representatives, changed |
|
2014-09-01 |
Group Structure Change |
|
2014-08-12 |
Group annual accout, new |
|
2014-08-12 |
Limit, decrease |
|
2014-08-12 |
Annual account, new |
|
2014-08-06 |
Annual report (PDF), new |
|
2014-07-23 |
Group Structure Change |
|
2014-02-19 |
Limit, increase |
|
2014-02-12 |
Company representatives, changed |
|
2014-02-12 |
Authorised signatories amended or new/amended vacancy text |
|
2014-01-03 |
Authorised signatories amended or new/amended vacancy text |
|
2014-01-03 |
Company representatives, changed |
|
2013-09-05 |
Group Structure Change |
|
2013-08-14 |
Group Structure Change |
|
2013-08-13 |
Group Structure Change |
|
2013-07-31 |
Group annual accout, new |
|
2013-07-31 |
Annual account, new |
|
2013-07-11 |
Annual report (PDF), new |
|
2012-12-13 |
Limit, decrease |
|
2012-08-17 |
Group annual accout, new |
|
2012-08-17 |
Annual account, new |
|
2012-07-24 |
Annual report (PDF), new |
|
2011-07-13 |
Annual account, new |
|
2011-07-13 |
Group annual accout, new |
|
2011-06-30 |
Annual report (PDF), new |
|
2010-07-14 |
Annual account, new |
|
2010-07-08 |
Annual report (PDF), new |
|
2010-06-22 |
Board, changed |
|
2010-06-22 |
Authorised signatory, changed |
|
2010-06-22 |
Company representatives, changed |
CLOSED CASES WITHOUT
REGISTRATION
No records registered
An update of contact information and industry codes has been performed
2011-04-28 due to supplier change.
CERTIFICATES
No certificates registered
UNITS
|
OFFICE |
DEPARTMENT/CO NAME |
NBR OF EMPLOYEES |
VISITING ADDRESS |
MAILING ADDRESS |
|
Head office |
Norex International Aktiebolag |
10-19 anställda |
Ringögatan 12 41707 GÖTEBORG |
Box 8948 40273 GÖTEBORG |
|
Branch office |
Lager |
5-9 anställda |
Högåsa Östra 342363 TORSLANDA |
Box 8948 40273 GÖTEBORG |
ALCOHOL PERMITS
|
No alcohol permits registered |
VEHICLES
|
NO. OF VEHICLES |
OWNED |
NO. (LESSEE) |
NO. (LESSOR) |
DISPOSED, PREVIOUS MONTH |
ACQUIRED, PREVIOUS MONTH |
|
7 |
1 |
6 |
0 |
0 |
0 |
REGISTERED PARALLEL
AND T/A FIRMS
|
NAME |
REG. TYPE |
REG. DATE |
COUNTY
PROTECTION |
ACTIVITY |
|
Norex Scandinavia |
Trading as |
2002-06-11 |
As the head firm |
För den del av verksamheten som avser import'export av konfektion |
DEREGISTERED PARALLEL AND T/A FIRMS
No deregistered parallel or T/A firms
REAL ESTATE OVERVIEW
|
Number of real estates owned |
0 pcs |
|
Total taxed value |
0 SEK |
|
Average owned part |
0 % |
|
Property tax value, owned part |
0 SEK |
|
Land tax value, owned part |
0 SEK |
|
Tax value in total, owned part |
0 SEK |
|
Total number, property mortgages |
0 pcs |
|
Total amount, property mortgages |
0 SEK |
|
Number of applications last 12 months |
0 pcs |
No real estate registered
KONCERNINFORMATION
|
Group company name |
Hergit AB |
Legal form |
Limited liability company |
|
Company number |
556233-4291 |
Share capital |
400,000 SEK |
|
Safe number |
SE00663093 |
Registration date |
1983-09-20 |
|
VAT number |
|
E -mail address |
|
|
Address |
Box 8948 |
Web address |
|
|
City |
40273 GÖTEBORG |
Turnover |
340,810 KSEK |
|
Registered county |
VÄSTRA GÖTALAND |
Number of employees |
0 anställda |
|
Registered municipal |
GÖTEBORG |
Number of group companies |
7 companies |
|
Phone |
031-927574 |
Units |
1 units |
|
Fax |
|
Status |
Active |
GROUP ANNUAL
ACCOUNTS
|
ANNUAL ACCOUNTS
(KSEK) |
1401-1412 |
|
1301-1312 |
|
1201-1212 |
|
Total net operating income |
340,810 |
10.7 % |
307,742 |
-33.2 % |
460,847 |
|
Operating profit/loss |
16,290 |
609.5 % |
2,296 |
-87.5 % |
18,390 |
|
Profit/loss after financial items |
16,832 |
1,070.5 % |
1,438 |
-91.3 % |
16,539 |
|
Net profit/loss |
11,679 |
1,754.2 % |
-706 |
-105.7 % |
12,329 |
|
Current assets |
125,099 |
0.2 % |
124,885 |
-0.9 % |
126,052 |
|
Total fixed assets |
84,834 |
-16.0 % |
100,996 |
-6.4 % |
107,954 |
|
Total current liabilities |
81,205 |
-24.3 % |
107,307 |
-1.9 % |
109,358 |
|
Total long-term debts |
15,273 |
-8.1 % |
16,620 |
-4.0 % |
17,308 |
|
Untaxed reserves |
0 |
- |
0 |
- |
0 |
|
Total equity |
102,846 |
12.5 % |
91,392 |
-4.9 % |
96,076 |
|
Total equity & liabilities |
209,933 |
-7.1 % |
225,881 |
-3.5 % |
234,006 |
|
Number of employees |
51 |
-10.5 % |
57 |
-1.7 % |
58 |
|
Floating Charge |
153,239 |
2.8 % |
149,016 |
5.4 % |
141,436 |
|
Auditor’s recommendation to adopt |
Yes |
|
Yes |
|
Yes |
GROUP PROFIT &
LOSS (KSEK)
|
OPERATING INCOME |
2014-12 |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
|
Net sales |
340,483 |
307,313 |
439,273 |
505,140 |
460,683 |
|
Change in inventories of work in progress |
0 |
0 |
0 |
0 |
0 |
|
Work performed by its own use and capitalized |
0 |
0 |
0 |
0 |
0 |
|
Other operating incomes |
327 |
429 |
21,574 |
18,745 |
17,395 |
|
Total net operating income |
340,810 |
307,742 |
460,847 |
523,885 |
478,078 |
|
Raw material and consumables |
0 |
0 |
0 |
0 |
0 |
|
Goods for resale |
-229,781 |
-208,723 |
-320,226 |
-368,902 |
-306,178 |
|
Other external costs |
-36,880 |
-39,633 |
-50,169 |
-54,012 |
-54,737 |
|
Personnel costs |
-36,189 |
-36,543 |
-36,838 |
-34,072 |
-34,995 |
|
Depreciation and write-downs |
-20,484 |
-19,719 |
-15,495 |
-12,913 |
-20,435 |
|
Item affecting comparability |
0 |
0 |
0 |
0 |
0 |
|
Other operating expenses |
-1,186 |
-828 |
-19,729 |
-19,214 |
-17,865 |
|
Total operating costs |
-324,520 |
-305,446 |
-442,457 |
-489,113 |
-434,210 |
|
Operating profit/loss |
16,290 |
2,296 |
18,390 |
34,770 |
43,868 |
|
RESULT FROM
FINANCIAL INVESTMENTS |
|
|
|
|
|
|
Result from participations in group/associated companies |
0 |
0 |
-258 |
0 |
0 |
|
External interest income |
1,768 |
1,020 |
950 |
1,011 |
524 |
|
Financial internal (group) income |
0 |
0 |
0 |
0 |
0 |
|
Other financial incomes |
34 |
93 |
0 |
239 |
0 |
|
Interest expenses, external |
-1,213 |
-1,819 |
-2,543 |
-2,849 |
-3,752 |
|
Interest expenses, internal (group) |
0 |
0 |
0 |
0 |
0 |
|
Other financial costs |
-45 |
-151 |
0 |
-285 |
0 |
|
Total finance investments |
544 |
-857 |
-1,851 |
-1,884 |
-3,228 |
|
Profit/loss after financial items |
16,832 |
1,438 |
16,539 |
32,886 |
40,640 |
|
Extraordinary incomes |
0 |
0 |
0 |
0 |
0 |
|
Extraordinary expenses |
0 |
0 |
0 |
0 |
0 |
|
Group contribute |
0 |
0 |
0 |
0 |
0 |
|
Shareholders contribution |
0 |
0 |
0 |
0 |
0 |
|
Appropriations |
0 |
0 |
0 |
0 |
0 |
|
Tax |
-5,153 |
-2,144 |
-4,210 |
-10,922 |
-13,041 |
|
Minority interest and profit |
0 |
0 |
0 |
0 |
-184 |
|
Net profit/loss for year |
11,679 |
-706 |
12,329 |
21,964 |
27,415 |
GROUP BALANCE
SHEET (KSEK)
|
ASSETS |
2014-12 |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
|
Subscribed capital unpaid |
0 |
0 |
0 |
0 |
0 |
|
FIXED ASSETS |
|
|
|
|
|
|
Capitalized expenditure for research and development |
3,561 |
7,123 |
10,684 |
0 |
0 |
|
Patents, licenses, etc |
0 |
0 |
0 |
0 |
0 |
|
Goodwill |
30,598 |
38 |
45,402 |
51,291 |
53,545 |
|
Other intangible asses |
0 |
37,962 |
0 |
0 |
0 |
|
Total intangible assets |
34,159 |
45,123 |
56,086 |
51,291 |
53,545 |
|
Land and buildings |
8,625 |
9,511 |
10,567 |
10,660 |
12,232 |
|
Plant and machinery |
38,600 |
43,952 |
40,118 |
37,981 |
27,047 |
|
Equipment, tools, fixture and fittings |
3,136 |
2,203 |
1,120 |
2,337 |
4,493 |
|
Other material depriciation |
0 |
0 |
0 |
0 |
0 |
|
Other tangible assets, non depreciation |
314 |
207 |
63 |
0 |
0 |
|
Total tangible assets |
50,675 |
55,873 |
51,868 |
50,978 |
43,772 |
|
Group share |
0 |
0 |
0 |
0 |
0 |
|
Accounts receivable corporate group/interest group |
0 |
0 |
0 |
0 |
0 |
|
Loan co-owners |
0 |
0 |
0 |
0 |
0 |
|
Other financial assets |
0 |
0 |
0 |
0 |
0 |
|
Total financial assets |
0 |
0 |
0 |
0 |
0 |
|
Total fixed assets |
84,834 |
100,996 |
107,954 |
102,269 |
97,317 |
|
CURRENT ASSETS |
|
|
|
|
|
|
Work on contract |
0 |
0 |
0 |
0 |
0 |
|
Inventories |
43,739 |
41,023 |
44,217 |
45,001 |
44,834 |
|
Accounts receivable - trade |
29,166 |
28,331 |
36,436 |
42,814 |
32,473 |
|
Accounts receivable corporate group/interest group |
0 |
0 |
0 |
0 |
0 |
|
Other accounts receivable |
14,261 |
9,586 |
18,771 |
24,112 |
15,888 |
|
Short investments |
9,123 |
26,217 |
15,971 |
15,449 |
0 |
|
Cash and bank balances |
28,810 |
19,728 |
10,657 |
13,641 |
48,788 |
|
Other current assets |
0 |
0 |
0 |
0 |
0 |
|
Current assets |
125,099 |
124,885 |
126,052 |
141,017 |
141,983 |
|
Total assets |
209,933 |
225,881 |
234,006 |
243,286 |
239,300 |
|
Group equity and liabilities (KSEK) |
|
|
|
|
|
|
EQUITY |
2014-12 |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
|
Share capital |
400 |
400 |
400 |
400 |
400 |
|
Share premium reserve |
0 |
0 |
0 |
0 |
0 |
|
Revaluation reserve |
0 |
0 |
0 |
0 |
0 |
|
Other stockholder equity |
0 |
27,821 |
30,343 |
30,615 |
27,958 |
|
Profit or loss brought forward |
90,767 |
63,877 |
53,004 |
39,086 |
34,428 |
|
Group contribution |
0 |
0 |
0 |
0 |
0 |
|
Shareholders contibution |
0 |
0 |
0 |
0 |
0 |
|
Net profit/loss for year |
11,679 |
-706 |
12,329 |
21,964 |
27,415 |
|
Total equity |
102,846 |
91,392 |
96,076 |
92,065 |
90,201 |
|
Untaxed reserves |
0 |
0 |
0 |
0 |
0 |
|
Minority interest |
0 |
0 |
0 |
0 |
316 |
|
Provisions |
10,609 |
10,562 |
11,264 |
13,941 |
13,014 |
|
LONG-TERM
LIABILITIES |
|
|
|
|
|
|
Bond loan |
0 |
0 |
0 |
0 |
0 |
|
Liabilities to credit institutions |
15,273 |
16,620 |
17,308 |
37,469 |
55,284 |
|
Liabilities to group/assiciated companies |
0 |
0 |
0 |
0 |
0 |
|
Other long-term liabilities |
0 |
0 |
0 |
0 |
0 |
|
Total long-term debts |
15,273 |
16,620 |
17,308 |
37,469 |
55,284 |
|
CURRENT
LIABILITIES |
|
|
|
|
|
|
Liabilities to credit institutions |
25,329 |
58,803 |
48,969 |
29,549 |
0 |
|
Accounts payable - trade |
31,720 |
24,886 |
42,624 |
52,269 |
52,000 |
|
Liabilities to group/assiciated companies |
0 |
0 |
0 |
0 |
0 |
|
Other short-term liabilities |
24,156 |
23,618 |
17,765 |
17,993 |
28,485 |
|
Total current liabilities |
81,205 |
107,307 |
109,358 |
99,811 |
80,485 |
|
Total equity & liabilities |
209,933 |
225,881 |
234,006 |
243,286 |
239,300 |
GROUP
NOTES (KSEK)
|
YEAR |
2014-12 |
2013-12 |
2012-12 |
2011-12 |
2010-12 |
|
Floating charge |
153,239 |
149,016 |
141,436 |
123,742 |
124,170 |
|
Real estate mortgage |
0 |
0 |
0 |
0 |
0 |
|
Other collateral |
97,610 |
97,610 |
97,610 |
97,610 |
97,610 |
|
Sum all collateral |
250,849 |
246,626 |
239,046 |
221,352 |
221,780 |
|
Conditional equity |
0 |
0 |
0 |
0 |
0 |
|
Other contingent liablilites |
0 |
0 |
0 |
0 |
0 |
|
Sum all contingent liabilities |
0 |
0 |
0 |
0 |
0 |
|
Salary board/CEO |
4,027 |
4,158 |
5,541 |
4,335 |
3,908 |
|
Tantiem board/CEO |
0 |
0 |
0 |
0 |
0 |
|
Agreed saverance pay |
No |
No |
No |
No |
No |
|
Payroll overhead |
9,749 |
9,942 |
11,415 |
9,954 |
11,104 |
|
Dividend |
0 |
0 |
0 |
0 |
0 |
|
Accepted bank overdraft |
89,737 |
89,464 |
89,308 |
84,470 |
89,500 |
|
Used bank overdraft |
24,109 |
58,803 |
0 |
29,549 |
0 |
SUMMARY
|
Group |
7 companies |
|
Linkages |
No linked companies |
|
Countries |
- |
GROUP STRUCTURE
|
COMPANY NAME |
REGISTRERED |
LATEST KEY |
TURNOVER |
|
|
NUMBER |
FINANCIALS |
|
|
Hergit AB |
5562334291 |
2014-12-31 |
- |
|
|
5564304425 |
2014-12-31 |
280,938 KSEK |
|
Norex International Aktiebolag |
|
|
|
|
Norex Finland Oy |
- |
- |
- |
|
Norex Borlänge AB |
5566819669 |
2013-12-31 |
19,274 KSEK |
|
Norex Raahe Oy |
20174972 |
2013-12-31 |
- |
|
Norex Tornio Oy |
17737172 |
2013-12-31 |
- |
|
Gullbringa Invest AB |
5564304417 |
2013-12-31 |
- |
SUMMARY
Group 7 companies
Linkages No linked companies
Countries -
COMPANY MORTGAGE REGISTER
No records registered
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.89 |
|
|
1 |
Rs.98.89 |
|
Euro |
1 |
Rs.72.31 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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.