MIRA INFORM REPORT
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Report No. : |
339651 |
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Report Date : |
09.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
MICRODATA TELECOM INNOVATION STOCKHOLM AKTIEBOLAG |
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Registered Office : |
Box 2871, 18728 Taby |
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Country : |
Sweden |
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Financials (as on) : |
2014 |
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Date of Incorporation : |
06.06.1951 |
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Com. Reg. No.: |
5560555939 |
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Legal Form : |
Limited liability company |
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Line of Business : |
Manufacture of instruments and appliances for measuring, testing and navigation |
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No. of Employees : |
26 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
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 over its 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 2.1%. Sweden’s economy is expected to grow modestly in 2015, although the country continues to struggle with deflationary pressure.
|
Source
: CIA |
Company
summary
|
Business Name |
Microdata Telecom Innovation Stockholm Aktiebolag |
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Country |
SWEDEN |
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Company Registration Number |
5560555939 |
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Activity Code |
26510 |
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Activity Description |
Manufacture of instruments and appliances for measuring, testing and navigation |
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Company Status |
Active (Active) |
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Latest Turnover Figure |
190.418.000 SEK |
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Latest Shareholder Equity Figure |
52.523.000 SEK |
Basic
Information
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Business Name |
Microdata Telecom Innovation Stockholm Aktiebolag |
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Registered Company Name |
Microdata Telecom Innovation Stockholm Aktiebolag |
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Company Registration Number |
5560555939 |
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Country |
SWEDEN |
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VAT Registration Number |
SE556055593901 |
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Date of Company Registration |
06/06/1951 |
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Legal Form |
Limited liability company |
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Company Status |
Active (Active) |
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Currency of this Report |
SEK |
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Principal Activity Code |
No code |
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Principal Activity Description |
Bolaget ska bedriva tillverkning och försäljning av elektronik- utrustning samt idka därmed förenlig verksamhet. |
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Contact Address |
Box 2871, 18728 TÄBY |
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Contact Telephone Number |
08-4777770 |
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Main
Address
|
Address |
Box 2871, 18728 TÄBY |
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Country |
SWEDEN |
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Telephone |
08-4777770 |
Other
Addresses
|
Address |
Country |
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No other addresses for this company |
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Activities
|
Activity Code |
Activity
Description |
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26510 |
Manufacture of instruments and appliances for measuring, testing and navigation |
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Email
Addresses
No email addresses for this company
Web
Pages
www.microdata.se
Employee
Information
|
Year |
Number of Employees |
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2014 |
26 |
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2013 |
16 |
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2012 |
9 |
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2011 |
9 |
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2010 |
11 |
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Advisors
Auditor Name Nils Gösta Linderfalk
Tax
Registrations
|
Registered for FTax |
Yes |
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Registered for VAT |
Yes |
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Registered for Employee Tax |
Yes |
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Certificates
|
Type |
Category |
Issuer |
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No certificate information for this company |
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Industry
Comparison
|
Activity Code |
26510 |
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Activity Description |
Manufacture of instruments and appliances for measuring,
testing and navigation |
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Industry Average Credit Rating |
78 (1 - 100) |
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Industry Average Credit Limit |
1.208.000 |
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Event
History
|
Event Date |
Event Description |
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24/06/2015 |
Group Structure Change |
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16/06/2015 |
Annual account, new |
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09/06/2015 |
Annual report (PDF), new |
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01/06/2015 |
Authorised signatories amended or new/amended vacancy text |
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01/06/2015 |
Company representatives, changed |
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01/05/2015 |
Group Structure Change |
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30/04/2015 |
Company representatives, changed |
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30/04/2015 |
Authorised signatories amended or new/amended vacancy text |
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28/04/2015 |
Annual account, new |
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28/04/2015 |
Limit, increase |
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22/04/2015 |
Annual report (PDF), new |
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08/04/2015 |
Company mortgage, new |
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08/04/2015 |
Company mortgage, changed |
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03/02/2015 |
Certificate, registered |
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24/04/2014 |
Group Structure Change |
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17/04/2014 |
Annual account, new |
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17/04/2014 |
Limit, increase |
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16/04/2014 |
Authorised signatories amended or new/amended vacancy text |
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16/04/2014 |
Company representatives, changed |
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11/04/2014 |
Annual report (PDF), new |
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31/07/2013 |
Share capital, new issue |
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16/07/2013 |
Group Structure Change |
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08/07/2013 |
Limit, increase |
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08/07/2013 |
Annual account, new |
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27/06/2013 |
Annual report (PDF), new |
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27/04/2013 |
Company representatives, changed |
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27/04/2013 |
Authorised signatories amended or new/amended vacancy text |
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01/09/2012 |
Authorised signatories amended or new/amended vacancy text |
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01/09/2012 |
Board, changed |
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01/09/2012 |
Company representatives, changed |
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11/08/2012 |
Limit, increase |
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07/08/2012 |
Limit, decrease |
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10/07/2012 |
Annual account, new |
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10/07/2012 |
Limit, decrease |
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26/06/2012 |
Share capital, new issue |
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22/06/2012 |
Annual report (PDF), new |
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06/05/2012 |
Limit, increase |
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27/04/2012 |
Share capital, new issue |
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11/04/2012 |
Limit, decrease |
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11/04/2012 |
Authorised signatories amended or new/amended vacancy text |
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11/04/2012 |
Company representatives, changed |
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11/04/2012 |
Board, changed |
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03/08/2011 |
Limit, increase |
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03/08/2011 |
Annual account, new |
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15/07/2011 |
Annual report (PDF), new |
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29/03/2011 |
Fax number, changed |
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02/02/2011 |
Share capital, new issue |
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Status
History
No status history events for this company
Profit
and Loss
|
Financial Year |
2014 |
2013 |
2012 |
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|
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Number of Weeks |
52 |
52 |
52 |
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Currency |
SEK |
SEK |
SEK |
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Consolidated Accounts |
No |
No |
No |
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Revenue |
190.418.000 |
91.738.000 |
30.875.000 |
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Operating Costs |
169.297.000 |
88.599.000 |
35.284.000 |
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Operating Profit |
21.121.000 |
3.139.000 |
-4.409.000 |
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Wages & Salaries |
-19.197.000 |
-12.000.000 |
-7.277.000 |
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Depreciation |
-8.569.000 |
-6.763.000 |
-5.210.000 |
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Financial Income |
3.000 |
5.000 |
23.000 |
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Financial Expenses |
-287.000 |
-184.000 |
-319.000 |
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Extraordinary Income |
- |
- |
- |
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Extraordinary Costs |
- |
- |
- |
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Profit before Tax |
20.836.000 |
2.960.000 |
-4.706.000 |
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Tax |
905.000 |
- |
- |
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Profit after Tax |
21.741.000 |
2.960.000 |
-4.706.000 |
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Minority Interests |
- |
- |
- |
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Other Appropriations |
- |
- |
- |
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Retained Profit |
21.741.000 |
2.960.000 |
-4.706.000 |
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Balance
Sheet
|
Financial Year |
2014 |
2013 |
2012 |
||
|
Number of Weeks |
52 |
52 |
52 |
||
|
Currency |
SEK |
SEK |
SEK |
||
|
Consolidated Accounts |
No |
No |
No |
||
|
Land & Buildings |
- |
- |
- |
||
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Plant & Machinery |
- |
- |
- |
||
|
Other Tangible Assets |
127.000 |
103.000 |
226.000 |
||
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Total Tangible Assets |
127.000 |
103.000 |
226.000 |
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Goodwill |
- |
- |
- |
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Other Intangible Assets |
29.635.000 |
22.957.000 |
16.779.000 |
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Total Intangible Assets |
29.635.000 |
22.957.000 |
16.779.000 |
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Loans To Group |
- |
- |
- |
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Other Loans |
- |
- |
- |
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Miscellaneous Fixed Assets |
3.963.000 |
314.000 |
314.000 |
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Total Other Fixed Assets |
3.963.000 |
314.000 |
314.000 |
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TOTAL FIXED ASSETS |
33.725.000 |
23.375.000 |
17.319.000 |
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Work In Progress |
- |
- |
- |
||
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Other Inventories |
53.000 |
64.000 |
664.000 |
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Total Inventories |
53.000 |
64.000 |
664.000 |
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Trade Receivables |
73.983.000 |
19.489.000 |
7.858.000 |
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Group Receivables |
- |
- |
- |
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Miscellaneous Receivables |
1.179.000 |
1.728.000 |
642.000 |
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Total Receivables |
75.162.000 |
21.217.000 |
8.500.000 |
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Cash |
7.432.000 |
11.129.000 |
2.124.000 |
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Other Current Assets |
- |
- |
- |
||
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TOTAL CURRENT ASSETS |
82.647.000 |
32.409.000 |
11.289.000 |
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TOTAL ASSETS |
116.372.000 |
55.784.000 |
28.608.000 |
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Trade Payables |
757.000 |
1.057.000 |
5.230.000 |
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Bank Liabilities |
8.817.000 |
787.000 |
- |
||
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Group Payables |
49.863.000 |
19.726.000 |
- |
||
|
Miscellaneous Liabilities |
3.212.000 |
3.571.000 |
1.139.000 |
||
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TOTAL CURRENT LIABILITIES |
62.649.000 |
25.141.000 |
6.369.000 |
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Bank Liabilities Due After 1 Year |
- |
- |
4.325.000 |
||
|
Other Loans Or Finance Due After 1 Year |
- |
- |
- |
||
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Group Payables Due After 1 Year |
- |
- |
- |
||
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Miscellaneous Liabilities Due After 1 Year |
1.200.000 |
- |
230.000 |
||
|
TOTAL LONG TERM LIABILITIES |
1.200.000 |
- |
4.555.000 |
||
|
TOTAL LIABILITIES |
63.849.000 |
25.141.000 |
10.924.000 |
||
|
Called Up Share Capital |
1.256.000 |
1.256.000 |
1.147.000 |
||
|
Share Premium |
50.188.000 |
50.049.000 |
40.158.000 |
||
|
Revenue Reserves |
1.019.000 |
-20.722.000 |
-23.681.000 |
||
|
Other Reserves |
60.000 |
60.000 |
60.000 |
||
|
TOTAL SHAREHOLDERS EQUITY |
52.523.000 |
30.643.000 |
17.684.000 |
||
Other
Financials
|
Contingent Liabilities |
1.937.000 |
1.937.000 |
1.937.000 |
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Working Capital |
19.998.000 |
7.268.000 |
4.920.000 |
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Net Worth |
22.888.000 |
7.686.000 |
905.000 |
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Ratios
|
Pre-Tax Profit Margin |
10.94 % |
3.23 % |
-15.24 % |
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|
Return On Capital Employed |
11.64
% |
3.66
% |
-13.45
% |
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|
Return On Total Assets Employed |
17.90 % |
5.31 % |
-16.45 % |
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Return On Net Assets Employed |
39.67 % |
9.66 % |
-26.61 % |
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|
Sales/Net Working Capital |
9.52 |
12.62 |
6.28 |
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Stock Turnover Ratio |
0.03 % |
0.07 % |
2.15 % |
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|
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|
Debtor Days |
141.81 |
77.54 |
92.90 |
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|
Creditor Days |
1.45 |
4.21 |
61.83 |
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|
Current Ratio |
1.32 |
1.29 |
1.77 |
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Liquidity Ratio/Acid Test |
1.32 |
1.29 |
1.67 |
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|
|
Current Debt Ratio |
1.19 |
0.82 |
0.36 |
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|
|
|
Gearing |
16.79 % |
2.57 % |
24.46 % |
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|
Equity In Percentage |
63.45 % |
94.25 % |
153.57 % |
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|
|
|
|
|
Total Debt Ratio |
1.22 |
0.82 |
0.62 |
Share
Capital Structure
|
Issued Share Capital |
1.256.145 SEK |
Shareholders
No shareholders data for this company.
Current
Directors
|
Name |
Appointment Date |
Position |
|
|
|
|
|
Nils Staffan Ingeborn |
29/05/2015 |
Chairman of Board |
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|
Mats Olof Gustavsson |
23/07/2004 |
Managing Director |
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Anders Åke Björkman |
29/04/2015 |
Executive Vice President |
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Peter Harald Christer Sandberg |
15/04/2014 |
Actual Member of Board |
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|
Hans Martin Lundhagen |
15/04/2014 |
Actual Member of Board |
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|
Jimmy Oskar Högberg |
16/09/1999 |
Actual Member of Board |
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|
Bertil Lagerlund |
25/01/2008 |
Substitute |
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|
Hans Erik Lundhagen |
15/04/2014 |
Substitute |
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|
|
Previous
Directors
|
Name |
Appointment Date |
Position |
Resignation Date |
|
|
|
|
|
|
Jimmy Oskar Högberg |
16/09/1999 |
Chairman of Board |
29/05/2015 |
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|
Appointment Date |
Position |
Resignation Date |
|
Hans Erik Lundhagen |
06/06/1951 |
Actual Member of Board |
15/04/2014 |
|
Peter Harald Christer Sandberg |
11/01/2010 |
Substitute |
15/04/2014 |
|
Claes Martin Falkevall |
11/01/2010 |
Actual Member of Board |
26/04/2013 |
|
Ulf Göran Folkesson |
25/01/2008 |
Substitute |
31/08/2012 |
|
Linda Alexandra Höljö |
11/01/2010 |
Substitute |
31/08/2012 |
Negative Information
|
|
|
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 |
|
Record of Non Payment |
|
|
Number Of Distraint Or Repossessions |
0 |
|
Number Of Public Claims |
0 |
|
Number Of Private Claims |
0 |
|
Number Of Applications |
0 |
|
Number Of Revoked Applications |
0 |
|
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. 66.60 |
|
|
1 |
Rs. 102.30 |
|
Euro |
1 |
Rs. 74.60 |
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
|
|
|
|
Report Prepared
by : |
DPT |
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.