MIRA INFORM REPORT
|
Report No. : |
309949 |
|
Report Date : |
04.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
STORA ENSO PUBLICATION PAPERS OY LTD |
|
|
|
|
Registered Office : |
Kanavaranta 1, 00160, Helsinki |
|
|
|
|
Country : |
Finland |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
11.09.1991 |
|
|
|
|
Legal Form : |
Limited company |
|
|
|
|
Line of Business : |
Manufacture of paper and paperboard |
|
|
|
|
No. of Employee : |
366 |
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 : |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Finland |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
FINLAND ECONOMIC
OVERVIEW
Finland has a highly industrialized, largely free-market economy with per capita output almost as high as that of Austria, Belgium, the Netherlands, or Sweden. Trade is important, with exports accounting for over one-third of GDP in recent years. Finland is historically competitive in manufacturing - principally the wood, metals, engineering, telecommunications, and electronics industries. Finland excels in export of technology for mobile phones as well as promotion of startups in the ICT, gaming, cleantech, and biotechnology sectors. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. Because of the climate, agricultural development is limited to maintaining self-sufficiency in basic products. Forestry, an important export earner, provides a secondary occupation for the rural population. Finland had been one of the best performing economies within the EU in recent years and its banks and financial markets avoided the worst of global financial crisis. However, the world slowdown hit exports and domestic demand hard in 2009, with Finland experiencing one of the deepest contractions in the euro zone. A recovery of exports, domestic trade, and household consumption stimulated economic growth in 2010-11, however, continued recession within the EU dampened the economy in 2012-13. The recession affected general government finances and the debt ratio, turning previously strong budget surpluses into deficits, but Finland took action to ensure it that it met the EU deficit targets in 2013 and retained its triple-A credit rating. Finland's main challenge will be to stimulate growth while faced with weak export demand in the EU and its own government austerity measures. Longer-term, Finland must address a rapidly aging population and decreasing productivity in traditional industries that threaten competitiveness, fiscal sustainability, and economic growth.
|
Source
: CIA |
Company
summary
|
Trading Name |
Stora Enso Publication Papers Oy Ltd |
Trade Registry Number |
|
||
|
Company Name |
Stora Enso Publication Papers Oy Ltd |
Business ID |
08562104 |
|
|
|
Previous Name |
Enso Publication Papers Oy Ltd |
|
|||
|
Telephone Number |
02046131 |
Registered Address |
Kanavaranta 1, 00160, HELSINKI |
|
|
|
Fax Number |
0204621471 |
Visiting Address |
Kanavaranta 1, 00160, HELSINKI |
|
|
|
Home Municipality |
Helsinki |
Postal Address |
PL 309, 00101, HELSINKI |
|
|
|
Incorporation Date |
11.09.1991 |
Branches |
7 |
|
|
|
Company Type |
Limited company |
Website Address |
|
||
|
Primary Sic Code |
17120 |
Accountant |
Deloitte & Touche Oy |
||
|
Primary Sic Description |
Manufacture of paper and paperboard |
Last Accounts Date |
31.12.2013 |
||
|
Share Capital (€) |
136.850.000 |
Holding Company |
|||
|
Deals in importing |
Yes |
Foreign Ownership |
No |
||
|
Deals in exporting |
Yes |
Currency |
EUR |
||
Key Financials (€)
|
Year |
31.12.2013 |
% |
31.12.2012 |
% |
31.12.2011 |
% |
31.12.2010 |
|
Number of weeks |
52 |
52 |
52 |
52 |
|||
|
Turnover |
289.801.927 |
-1% |
291.590.151 |
4% |
281.571.699 |
-29% |
396.956.490 |
|
Operating Profit/Loss |
-56.524.341 |
- |
8.601.065 |
- |
-4.684.975 |
- |
-29.778.255 |
|
Profit/Loss after Financial Items |
-82.595.872 |
- |
7.489.141 |
- |
-6.324.549 |
- |
-32.245.943 |
|
Profit/Loss after tax |
-72.270.835 |
- |
7.489.141 |
- |
-6.324.549 |
- |
-32.315.386 |
|
Current Assets |
84.835.725 |
-6% |
89.996.809 |
12% |
80.564.422 |
-26% |
108.887.122 |
|
Fixed Assets |
30.441.649 |
-65% |
86.933.451 |
-8% |
94.149.821 |
-8% |
102.127.241 |
|
Long Term Debts |
54.021.605 |
964% |
5.075.669 |
-33% |
7.597.918 |
-47% |
14.241.287 |
|
Current Liabilities |
50.007.369 |
-43% |
88.231.427 |
-3% |
90.982.302 |
-20% |
114.314.504 |
|
Shareholders Equity |
11.248.400 |
-87% |
83.623.164 |
10% |
76.134.023 |
-8% |
82.458.572 |
|
Balance sheet total |
115.277.374 |
-35% |
176.930.260 |
1% |
174.714.243 |
-17% |
211.014.363 |
|
Number of employees |
366 |
358 |
379 |
490 |
|||
|
Auditor qualification |
The auditor has no reservations |
The auditor has no reservations |
The auditor has no reservations |
The auditor has no reservations |
Ratios
|
Year |
31.12.2013 |
31.12.2012 |
31.12.2011 |
31.12.2010 |
|||
|
Solvency Ratio |
10% |
47% |
44% |
39% |
|||
|
High Indebtedness |
Low Indebtedness |
Low Indebtedness |
Moderate Indebtedness |
||||
|
Net margin (%) |
-29% |
3% |
-2% |
-8% |
|||
|
Interest Coverage Ratio (times) |
-2 |
8 |
-2 |
-11 |
|||
|
Gearing (%) |
480% |
6% |
10% |
17% |
|||
|
Liquidity Ratio/Acid Test |
1 |
1 |
1 |
1 |
|||
|
Risk Buffer (%) |
-74% |
4% |
-4% |
-16% |
Shareholder Information
|
Year |
31.12.2013 |
|
|
Total Value of Shares |
136.850.000 |
|
|
Number of Shares |
8.050.000 |
|
|
Value of Shares |
- |
Registrations in Force
|
State |
Registration Date |
|
|
Tax Administration |
Registered |
19.09.1991 |
|
Trade Register |
Registered |
11.09.1991 |
|
Employer Register |
Registered |
01.09.1991 |
|
Prepayment Register |
Registered |
01.03.1995 |
|
Value Added Tax-Liability |
VAT-liable for business activity |
01.06.1994 |
Business History
|
Date |
Event |
Source Company Name |
|
01.12.2013 |
Merger |
Stora Enso Publication Paper Asia Oy
merged into Stora Enso Publication Papers Oy Ltd |
|
30.11.2013 |
Merger |
Stora Enso Publication Paper Asia Oy
merged into Stora Enso Publication Papers Oy Ltd |
|
01.01.2009 |
Merger |
Kymenso Oy merged into
Stora Enso Publication Papers Oy Ltd |
|
31.12.2008 |
Merger |
Kymenso Oy merged into
Stora Enso Publication Papers Oy Ltd |
|
01.01.1997 |
Merger |
10287658 merged into
Stora Enso Publication Papers Oy Ltd |
Current Directors
|
Name |
Puittinen Hanna Katriina |
||
|
Date of Birth |
17.09.1971 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Actual Member of Board |
|
Name |
Johansson Ari Kalevi |
||
|
Date of Birth |
05.07.1960 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Actual Member of Board |
|
Name |
Alm Jarmo Pertti |
||
|
Date of Birth |
31.10.1953 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Chairman of Board |
|
Name |
Johansson Ari Kalevi |
||
|
Date of Birth |
05.07.1960 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Managing director |
Other Company Officials
|
Name |
Vänttinen Ossi Unto Antero |
||
|
Date of Birth |
10.01.1956 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Wikström Eija Anneli |
||
|
Date of Birth |
03.04.1950 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Turkia Erja Annikki |
||
|
Date of Birth |
15.03.1963 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Porasmaa Hannu Juhani |
||
|
Date of Birth |
13.09.1965 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Pesonen Airi Helena |
||
|
Date of Birth |
18.09.1959 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Partanen Klaus Veli |
||
|
Date of Birth |
08.02.1953 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Mänttäri Risto Sakari |
||
|
Date of Birth |
17.03.1955 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Jutila Aila Kaarina |
||
|
Date of Birth |
08.08.1964 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Ceder Juha Hannes |
||
|
Date of Birth |
15.09.1957 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Bergqvist Leena Anneli |
||
|
Date of Birth |
12.07.1958 |
Appointment Date |
29.04.2014 |
|
Nationality |
FINLAND |
Function |
Procurist |
|
Name |
Itäniemi Merja Kristiina |
||
|
Date of Birth |
15.10.1963 |
Appointment Date |
06.05.2008 |
|
Nationality |
FINLAND |
Function |
Principal accountant |
Profit & Loss (€)
|
OPERATING INCOME |
31.12.2013 |
% |
31.12.2012 |
% |
31.12.2011 |
% |
31.12.2010 |
|
|
Number of weeks |
52 |
52 |
52 |
52 |
||||
|
Consolidated Accounts |
no |
no |
no |
no |
||||
|
Sales Revenue |
289.801.927 |
-1% |
291.590.151 |
4% |
281.571.699 |
-29% |
396.956.490 |
|
|
Other Operating Income |
3.924.379 |
-60% |
9.815.610 |
-26% |
13.278.057 |
-47% |
24.953.094 |
|
|
Total Operating Income |
293.726.306 |
-3% |
301.405.761 |
2% |
294.849.756 |
-30% |
421.909.584 |
|
|
Wages & Salaries |
26.753.832 |
7% |
24.982.515 |
-11% |
28.022.189 |
-41% |
47.495.270 |
|
|
Depreciation |
65.186.593 |
466% |
11.514.072 |
-10% |
12.731.193 |
0% |
12.693.599 |
|
|
Total Operating Expenses |
350.250.647 |
20% |
292.804.696 |
-2% |
299.534.731 |
-34% |
451.687.839 |
|
|
Operating Profit/Loss |
-56.524.341 |
- |
8.601.065 |
- |
-4.684.975 |
- |
-29.778.255 |
|
|
RESULT FROM
FINANCIAL INVESTMENTS |
||||||||
|
Financial Income |
32.503 |
16% |
28.127 |
-88% |
228.289 |
13% |
201.430 |
|
|
Financial Expenses |
26.104.034 |
2190% |
1.140.051 |
-39% |
1.867.863 |
-30% |
2.669.118 |
|
|
Total Financial Investments |
-26.071.531 |
- |
-1.111.924 |
- |
-1.639.574 |
- |
-2.467.688 |
|
|
Profit/Loss after Financial Items |
-82.595.872 |
- |
7.489.141 |
- |
-6.324.549 |
- |
-32.245.943 |
|
|
Extraordinary Income |
10.325.037 |
- |
0 |
- |
0 |
- |
0 |
|
|
Extraordinary Expenses |
0 |
- |
0 |
- |
0 |
- |
178.387 |
|
|
Profit/Loss Before Tax |
-72.270.835 |
- |
7.489.141 |
- |
-6.324.549 |
- |
-32.424.330 |
|
|
Tax |
0 |
- |
0 |
- |
0 |
- |
-108.944 |
|
|
Profit/Loss After Tax |
-72.270.835 |
- |
7.489.141 |
- |
-6.324.549 |
- |
-32.315.386 |
|
Balance Sheet (€)
|
ASSETS |
12.2013 |
% |
12.2012 |
% |
12.2011 |
% |
12.2010 |
|
|
Number of weeks |
52 |
52 |
52 |
52 |
||||
|
Consolidated Accounts |
no |
no |
no |
no |
||||
|
FIXED ASSETS |
||||||||
|
Intangible Assets |
3.156 |
-52% |
6.598 |
-34% |
10.040 |
-26% |
13.483 |
|
|
Tangible Assets |
30.438.492 |
-51% |
61.574.021 |
-10% |
68.786.949 |
-10% |
76.757.562 |
|
|
Other Fixed Assets |
1 |
-100% |
25.352.832 |
0% |
25.352.832 |
0% |
25.356.196 |
|
|
Total Fixed Assets |
30.441.649 |
-65% |
86.933.451 |
-8% |
94.149.821 |
-8% |
102.127.241 |
|
|
CURRENT ASSETS |
||||||||
|
Inventories |
22.139.531 |
6% |
20.804.682 |
13% |
18.375.963 |
-12% |
20.864.356 |
|
|
Trade Receivables |
37.483.977 |
-24% |
49.092.396 |
8% |
45.449.637 |
-25% |
60.590.121 |
|
|
Other Receivables |
25.212.217 |
25% |
20.099.731 |
20% |
16.738.822 |
-39% |
27.432.645 |
|
|
Cash & Bank Balances |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Current Assets |
84.835.725 |
-6% |
89.996.809 |
12% |
80.564.422 |
-26% |
108.887.122 |
|
|
Total Assets |
115.277.374 |
-35% |
176.930.260 |
1% |
174.714.243 |
-17% |
211.014.363 |
|
Equity and Liabilities (€)
|
EQUITY |
||||||||
|
Share Capital |
136.850.000 |
0% |
136.850.000 |
0% |
136.850.000 |
0% |
136.850.000 |
|
|
Share Premium Reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Retained Earnings |
-175.440.198 |
- |
-103.065.434 |
- |
-110.554.575 |
- |
-104.230.026 |
|
|
Other Reserves |
49.838.598 |
0% |
49.838.598 |
0% |
49.838.598 |
0% |
49.838.598 |
|
|
Total Equity |
11.248.400 |
-87% |
83.623.164 |
10% |
76.134.023 |
-8% |
82.458.572 |
|
|
LONG TERM
LIABILITIES |
||||||||
|
Long Term Liabilities to Financial
Institutions |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other Long Term Liabilities Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other Long Term Liabilities |
54.021.605 |
964% |
5.075.669 |
-33% |
7.597.918 |
-47% |
14.241.287 |
|
|
Total Long Term Debts |
54.021.605 |
964% |
5.075.669 |
-33% |
7.597.918 |
-47% |
14.241.287 |
|
|
CURRENT
LIABILITIES |
||||||||
|
Trade Payables |
24.318.574 |
-4% |
25.250.139 |
-5% |
26.658.778 |
-26% |
36.046.640 |
|
|
Liabilities to Financial Institutions |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other Short Term Financial Loans |
0 |
- |
0 |
- |
0 |
- |
60.000.000 |
|
|
Other Short Term Liabilities |
25.688.795 |
-59% |
62.981.288 |
-2% |
64.323.524 |
252% |
18.267.864 |
|
|
Total Current Liabilities |
50.007.369 |
-43% |
88.231.427 |
-3% |
90.982.302 |
-20% |
114.314.504 |
|
|
Total Liabilities |
104.028.974 |
11% |
93.307.096 |
-5% |
98.580.220 |
-23% |
128.555.791 |
|
|
Total Equity & Liabilities |
115.277.374 |
-35% |
176.930.260 |
1% |
174.714.243 |
-17% |
211.014.363 |
|
Other Financials (€)
|
Working Capital |
34.828.356 |
1873% |
1.765.382 |
- |
-10.417.880 |
- |
-5.427.382 |
|
|
Net Worth |
11.245.244 |
-87% |
83.616.566 |
10% |
76.123.983 |
-8% |
82.445.089 |
Key Ratios
|
31.12.2013 |
31.12.2012 |
31.12.2011 |
31.12.2010 |
|||||
|
Number of weeks |
52 |
52 |
52 |
52 |
||||
|
Consolidated Accounts |
no |
no |
no |
no |
||||
|
PROFITABILITY |
||||||||
|
Net Margin % |
-28,5% |
2,6% |
-2,3% |
-8,1% |
||||
|
Operating Profit/Loss % |
-19,5% |
3,0% |
-1,7% |
-7,5% |
||||
|
Pre-Tax Profit Margin % |
-24,9% |
2,6% |
-2,3% |
-8,2% |
||||
|
TRADING
PERFORMANCE |
||||||||
|
Return on Net Assets Employed % |
-642,5% |
9,0% |
-8,3% |
-39,3% |
||||
|
Return on Total Capital % |
-49,0% |
4,9% |
-2,6% |
-14,0% |
||||
|
Interest Coverage Ratio (times) |
-2 |
8 |
-2 |
-11 |
||||
|
Return on Capital Employed % |
-110,7% |
8,4% |
-7,6% |
-33,5% |
||||
|
Return on Total Assets Employed % |
-62,7% |
4,2% |
-3,6% |
-15,4% |
||||
|
Interest on Debt % |
25,1% |
1,2% |
1,9% |
2,1% |
||||
|
Risk Buffer % |
-74,1% |
3,7% |
-4,4% |
-16,1% |
||||
|
SHORT TERM
LIQUIDITY |
||||||||
|
Liquidity Ratio/Acid Test |
1 |
1 |
1 |
1 |
||||
|
Current Ratio % |
170,0% |
102,0% |
89,0% |
95,0% |
||||
|
Debtor Days |
47 |
61 |
59 |
56 |
||||
|
Working capital |
34.828.356 |
1.765.382 |
-10.417.880 |
-5.427.382 |
||||
|
LONG TERM
LIQUIDITY |
||||||||
|
Equity Ratio % |
9,8% |
47,3% |
43,6% |
39,1% |
||||
|
Gearing % |
480,3% |
6,1% |
10,0% |
17,3% |
||||
|
Current Debt Ratio |
4 |
1 |
1 |
1 |
||||
|
Total Debt Ratio |
9 |
1 |
1 |
2 |
||||
|
Relative debt % |
35,9% |
32,0% |
35,0% |
32,4% |
||||
|
BUSINESS MEASURES |
||||||||
|
Change in turnover % |
-0,6% |
3,6% |
-29,1% |
- |
||||
|
Turnover/employees |
791809 |
814498 |
742933 |
810115 |
||||
|
Sales/Net Working Capital |
8 |
165 |
-27 |
-73 |
||||
|
Stock Turnover Ratio % |
7,6% |
7,1% |
6,5% |
5,3% |
||||
|
Creditor Days |
31 |
32 |
35 |
33 |
||||
|
Equity in Percentage % |
9,8% |
55,2% |
51,0% |
44,4% |
||||
Group structure
|
COMPANY NAME |
REGISTERED NUMBER |
LATEST KEY
FINANCIALS |
PERCENTAGE OWNED |
TURNOVER |
|
|
|
|
10390508 |
31.12.2013 |
- |
- |
|
|
|
09006687 |
31.12.2013 |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
51% |
- |
|
|
|
US22032773 |
- |
100% |
$2 092 000 |
|
|
|
5566148812 |
31.12.2013 |
100% |
24 378 KSEK |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5560886771 |
31.12.2013 |
100% |
56 002 KSEK |
|
|
|
N/A |
- |
100% |
- |
|
|
|
07753099 |
31.12.2013 |
100% |
- |
|
|
|
11099309 |
31.12.2013 |
100% |
- |
|
|
|
07373838 |
31.08.2014 |
100% |
- |
|
|
|
01871756 |
31.12.2013 |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
02065641 |
31.12.2011 |
100% |
€722 000 |
|
|
|
06993584 |
- |
78% |
- |
|
|
|
01591607 |
31.12.2012 |
100% |
- |
|
|
|
N/A |
- |
51% |
- |
|
|
|
N/A |
- |
90% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
01641168 |
31.12.2012 |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5561733360 |
31.12.2013 |
100% |
609 000 KSEK |
|
|
|
5562982586 |
31.12.2012 |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5566094669 |
31.12.2012 |
100% |
- |
|
|
|
5565783023 |
31.12.2013 |
100% |
- |
|
|
|
N/A |
- |
51% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
51% |
- |
|
|
|
N/A |
- |
51% |
- |
|
|
|
N/A |
- |
51% |
- |
|
|
|
N/A |
- |
51% |
- |
|
|
|
N/A |
- |
51% |
- |
|
|
|
23657961 |
- |
100% |
- |
|
|
|
5562982552 |
31.12.2013 |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
98% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5560004425 |
31.12.2013 |
100% |
7 717 KSEK |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5560128661 |
31.12.2013 |
100% |
3 055 200 KSEK |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5164018045 |
- |
100% |
- |
|
|
|
5561277954 |
31.12.2013 |
100% |
2 223 200 KSEK |
|
|
|
5560216722 |
31.12.2013 |
100% |
3 591 100 KSEK |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5560398694 |
31.12.2013 |
100% |
6 156 800 KSEK |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5567383558 |
31.12.2013 |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5560293408 |
31.12.2013 |
100% |
2 550 300 KSEK |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5560774019 |
31.12.2013 |
100% |
4 240 KSEK |
|
|
|
5560095589 |
31.12.2013 |
100% |
7 520 000 KSEK |
|
|
|
5560154477 |
31.12.2012 |
100% |
- |
|
|
|
5562002203 |
31.12.2013 |
100% |
904 993 KSEK |
|
|
|
938124337 |
31.12.2013 |
100% |
618 652 KNOK |
|
|
|
5561710814 |
31.12.2013 |
67% |
2 576 313 KSEK |
|
|
|
5561525659 |
31.12.2013 |
100% |
94 443 KSEK |
|
|
|
5562982545 |
31.12.2013 |
100% |
5 474 700 KSEK |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5560274903 |
31.12.2013 |
100% |
1 785 066 KSEK |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5560238908 |
31.12.2013 |
100% |
105 KSEK |
|
|
|
33056923 |
31.12.2012 |
100% |
€261 526 000 |
|
|
|
N/A |
- |
100% |
- |
|
|
|
36008141 |
31.12.2012 |
100% |
- |
|
|
|
N/A |
- |
80% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
141013 |
31.12.2013 |
77% |
€8 301 370 |
|
|
|
412135006 |
31.12.2013 |
100% |
€45 602 251 |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5560129479 |
31.12.2013 |
100% |
55 228 KSEK |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
HRB 18147 |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
HRA 22049 |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
HRA 551416 |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
HRB 109322 |
31.12.2012 |
100% |
€285 020 857 |
|
|
|
N/A |
- |
100% |
- |
|
|
|
HRB 5078 |
31.12.2012 |
100% |
€162 667 590 |
|
|
|
HRB 38853 |
31.12.2013 |
100% |
€22 140 |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
64995 |
31.12.2013 |
100% |
€4 727 580 |
|
|
|
412127 |
31.12.2010 |
100% |
€2 321 703 |
|
|
|
00070861 |
31.12.2013 |
100% |
Ł1 283 000 |
|
|
|
02010900 |
31.12.2013 |
100% |
Ł10 988 000 |
|
|
|
N/A |
- |
100% |
- |
|
|
|
01454907 |
31.12.2013 |
100% |
Ł4 479 000 |
|
|
|
04041346 |
31.12.2013 |
100% |
Ł418 000 |
|
|
|
N/A |
- |
100% |
- |
|
|
|
00215614 |
31.12.2013 |
100% |
Ł24 519 000 |
|
|
|
01519192 |
31.12.2011 |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
01294742 |
31.12.2013 |
100% |
Ł8 139 000 |
|
|
|
09508708 |
31.12.2013 |
100% |
- |
|
|
|
104888 |
31.12.2013 |
100% |
€118 469 000 |
|
|
|
1902053 |
31.12.2013 |
100% |
€2 623 081 |
|
|
|
MI1602208 |
31.12.2013 |
100% |
€2 607 970 |
|
|
|
N/A |
- |
100% |
- |
|
|
|
417331909 |
31.12.2013 |
100% |
€257 714 653 |
|
|
|
417737824 |
31.12.2013 |
65% |
€52 409 357 |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
08215639 |
31.12.2013 |
100% |
- |
|
|
|
04993003 |
31.12.2013 |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
5560421769 |
31.12.2013 |
100% |
952 575 KSEK |
|
|
|
5562243542 |
31.12.2013 |
100% |
24 157 KSEK |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
94% |
- |
|
|
|
N/A |
- |
97% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
08562104 |
31.12.2013 |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
60% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
17362737 |
31.12.2012 |
100% |
- |
|
|
|
10151830 |
31.12.2013 |
100% |
- |
|
|
|
09626894 |
31.05.2014 |
100% |
- |
|
|
|
09039120 |
31.12.2013 |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
89% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
HRB 23399 |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
80% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
N/A |
- |
100% |
- |
|
|
|
B67879 |
- |
100% |
- |
|
|
|
B67934 |
- |
100% |
- |
|
|
|
09582959 |
31.12.2013 |
67% |
- |
|
|
|
N/A |
- |
100% |
- |
Linked Companies
|
NAME |
NUMBER |
LATEST KEY
FINANCIALS |
TURNOVER |
|
|
STORA ENSO DEUTSCHLAND GMBH |
|
HRB 48737 |
31.12.2012 |
€175 363 153 |
|
GROUPE PAPYRUS FRANCE |
|
306460676 |
31.12.2013 |
€160 512 906 |
|
STORA ENSO NYMÖLLA AKTIEBOLAG |
|
5560704446 |
31.12.2013 |
2 758 900 KSEK |
|
BERGVIK SKOG VÄST AB |
|
5566105358 |
31.12.2013 |
1 870 000 KSEK |
|
PAPYRUS GMBH |
|
HRB 362209 |
31.12.2012 |
€12 036 000 |
|
PAPYRUS NORGE AS |
|
957865259 |
31.12.2013 |
174 067 KNOK |
|
PAPYRUS SUPPLIES AB |
|
5560576554 |
31.12.2013 |
1 305 153 KSEK |
|
PAPYRUS HOLDING AB |
|
5567176135 |
31.12.2013 |
- |
|
BERGVIK SKOG PLANTOR AB |
|
5566278866 |
31.12.2013 |
94 571 KSEK |
|
STORA ENSO DEUTSCHLAND GMBH |
|
HRB 53806 |
31.12.2007 |
€17 366 209 |
|
STORA ENSO BOIS |
|
412135006 |
31.12.2013 |
€45 602 251 |
|
PAPYRUS AB |
|
5567341630 |
31.12.2013 |
339 419 KSEK |
|
BILLERUD (U.K.) LIMITED |
|
SC072119 |
30.09.2002 |
- |
|
PAPYRUS GROUP GERMANY GMBH |
|
HRB 704570 |
31.12.2013 |
- |
|
STORA ENSO TIMBER DIY PRODUCTS B.V. |
|
33134334 |
31.12.2012 |
€22 249 000 |
|
STORA ENSO TIMBER DEUTSCHLAND GMBH |
|
HRB 1279 |
31.12.2012 |
€71 896 336 |
|
STORA ENSO LOGISTICS GMBH |
|
HRB 29077 |
31.12.2012 |
€175 234 222 |
|
PAPYRUS SUPPLIES GROUP AB |
|
5566852280 |
31.12.2013 |
3 919 KSEK |
|
INPA AKTIEBOLAG |
|
5561855726 |
31.12.2013 |
19 580 KSEK |
|
ELFES BETEILIGUNGS GMBH |
|
HRB 627 |
31.12.2013 |
€30 030 |
|
STÄDGROSSIMPORTEN I STOCKHOLM AKTIEBOLAG |
|
5564114642 |
31.12.2013 |
55 830 KSEK |
|
STORA ENSO HILFE GMBH |
|
HRB 464 |
31.12.2013 |
- |
|
ALTPAPIER VERWERTUNG WATTENSCHEID GMBH |
|
HRB 1336 |
31.12.2012 |
€5 495 064 |
|
STORA ENSO BAIENFURT GMBH |
|
HRB 722924 |
31.12.2013 |
€11 200 700 |
|
STORA ENSO KABEL VERWALTUNGS GMBH |
|
HRB 7639 |
31.12.2013 |
- |
|
BÄCKE EMBALLAGE AKTIEBOLAG |
|
5562011048 |
31.12.2013 |
128 594 KSEK |
|
PAPYRUS AB |
|
5562021948 |
31.12.2010 |
137 296 KSEK |
|
PAPYRUS NETWORK AKTIEBOLAG |
|
5562802131 |
31.12.2010 |
140 853 KSEK |
|
STÄDCENTRALEN TRÄFFPUNKTEN AKTIEBOLAG |
|
5565611851 |
31.12.2013 |
23 325 KSEK |
|
BERGVIK SKOG ÖST AB |
|
5566445473 |
31.12.2013 |
391 000 KSEK |
|
FLOTTSJÖN VINDKRAFT AB |
|
5567409254 |
31.12.2013 |
- |
|
GOPĹN NÄT AB |
|
5567759005 |
31.12.2013 |
- |
|
LINGBO VINDKRAFT AB |
|
5567759021 |
31.12.2013 |
- |
|
SVARTNÄS VINDKRAFT AB |
|
5567759039 |
31.12.2013 |
- |
|
LINGBO NÄT AB |
|
5567948160 |
31.12.2013 |
- |
|
NYSKOG14 AB |
|
5568484983 |
31.12.2013 |
- |
|
NYSKOG13 AB |
|
5568485014 |
31.12.2013 |
- |
|
NYSKOG 22 AB |
|
5569345233 |
31.12.2013 |
- |
|
SKAFTĹSEN VINDKRAFT AB |
|
5568979164 |
31.12.2013 |
- |
|
PAPYRUS SVERIGE AB |
|
5569146730 |
31.12.2013 |
428 367 KSEK |
|
VACKERĹSEN SKOG AB |
|
5569240251 |
31.12.2013 |
- |
|
KÄLLFALLET SKOGS AB |
|
5569240277 |
31.12.2013 |
- |
|
VITĹSARNA AB |
|
5569240285 |
31.12.2013 |
- |
|
PAPYRUS FINLAND OY |
|
21292751 |
31.12.2013 |
- |
|
STORA BILLERUD (UK) GROUP HOLDINGS LIMITED |
|
02262985 |
31.12.2012 |
- |
|
STORA ENSO PENSION TRUST LIMITED |
|
03179833 |
01.04.2014 |
- |
|
PAPYRUS GROUP HOLLAND B.V. |
|
09180779 |
31.12.2013 |
- |
|
PAPYRUS AG |
|
220961 |
- |
- |
|
STORA ENSO FINANCIAL SERVICES EN
LIQUIDATION SA |
|
428056446 |
31.12.2010 |
- |
|
STORA ENSO FOREST CENTRAL EUROPE GMBH |
|
HRB 40204 |
- |
- |
|
STORA ENSO PUBLICATION PAPER VERWALTUNGS
GMBH |
|
HRB 38870 |
- |
- |
|
STORA ENSO PUBLICATION PAPER GMBH & CO.
KG |
|
HRA 14958 |
- |
- |
|
STORA ENSO UETERSEN GMBH |
|
HRB 7583 PI |
- |
- |
|
CORENSO-ELFES GMBH & CO. KG |
|
HRA 315 |
- |
- |
|
STORA ENSO KABEL GMBH & CO. KG |
|
HRA 5226 |
- |
- |
|
STORA ENSO REISHOLZ GMBH & CO. KG |
|
HRA 14965 |
- |
- |
|
FPB HOLDING GMBH & CO. KG |
|
HRA 14963 |
31.12.2012 |
€502 518 649 |
|
STORA ENSO MAXAU BETEILIGUNGS-GESELLSCHAFT
M.B.H |
|
HRB 65268 |
- |
- |
|
STORA ENSO MAXAU GMBH & CO. KG |
|
HRA 104410 |
- |
- |
|
STORA ENSO PUBLICATION PAPER
AKTIENGESELLSCHAFT |
|
HRB 12587 |
- |
- |
|
STORA ENSO NORTH AMERICA |
|
US34889074 |
- |
- |
|
TSP INC |
|
US45755324 |
- |
- |
|
VIRDIA, INC |
|
US77191358 |
- |
- |
|
ARTO EMBAILASJE AS |
|
- |
- |
- |
|
AS PAPYRUS |
|
- |
- |
- |
|
BERGVIK SKOG SIA |
|
- |
- |
- |
|
CORENSO UNITED OY LTD |
|
- |
- |
- |
|
CORENSO UNITED OY LTD |
|
- |
- |
- |
|
HEMP BIDCO S.A.S. |
|
- |
- |
- |
|
LAMINATING PAPERS OY |
|
- |
- |
- |
|
OOO STORA ENSO PACKAGING |
|
- |
- |
- |
|
PAPYRUS A/S |
|
- |
- |
- |
|
PAPYRUS A/S |
|
- |
- |
- |
|
PAPYRUS BELGIUM NVFSA |
|
- |
- |
- |
|
PAPYRUS BOHEMIA SPOL SRO |
|
- |
- |
- |
|
PAPYRUS CROATIA D O O |
|
- |
- |
- |
|
PAPYRUS HUNGARIA RT |
|
- |
- |
- |
|
PAPYRUS PAPIER ITALIA SRL |
|
- |
- |
- |
|
PAPYRUS PAPR D.O.O. |
|
- |
- |
- |
|
PAPYRUS SA |
|
- |
- |
- |
|
PAPYRUS SIA |
|
- |
- |
- |
|
PAPYRUS SLOVAKIA SRO |
|
- |
- |
- |
|
PAPYRUS SP Z O O |
|
- |
- |
- |
|
PAPYRUS SUPPLIES A/S |
|
- |
- |
- |
|
POWERFLUTE OYJ |
|
- |
- |
- |
|
PUUMERKKI AS |
|
- |
- |
- |
|
SCALDIA PAPIER BV |
|
- |
- |
- |
|
SCHNEIDERSÖHNE GMBH |
|
- |
- |
- |
|
SIA RUDA |
|
- |
- |
- |
|
SIHL & EIKA PAPIER AG |
|
- |
- |
- |
|
SLISTE-PISTE OY |
|
- |
- |
- |
|
STORA ENSO ARAPOTI INDÚSTRIA DE PAPEL |
|
- |
- |
- |
|
STORA ENSO POLAND SA |
|
- |
- |
- |
|
STORA ENSO SUZHOU PAPER CO LTD |
|
- |
- |
- |
|
STORA ENSO TIMBER AG |
|
- |
- |
- |
|
STORA ENSO TIMBER AS |
|
- |
- |
- |
|
STORA ENSO TIMBER BAD ST LEONARD GMBH |
|
- |
- |
- |
|
STORA ENSO TIMBER D.O.O. |
|
- |
- |
- |
|
STORA ENSO TIMBER DEUTCHLAND GMBH |
|
- |
- |
- |
|
STORA ENSO TIMBER OY LTD |
|
- |
- |
- |
|
STORA ENSO TIMBER PLANÁ SRO |
|
- |
- |
- |
|
STORA ENSO TIMBER ZDÍREC SRO |
|
- |
- |
- |
|
THIELE KAOLIN COMPANY |
|
- |
- |
- |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.84 |
|
|
1 |
Rs.95.14 |
|
Euro |
1 |
Rs.69.25 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.