|
Report No. : |
339571 |
|
Report Date : |
09.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
SKANDISTAL AB |
|
|
|
|
Registered Office : |
Nubbgatan 5, 21124 Malmö |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
03.02.1999 |
|
|
|
|
Com. Reg. No.: |
5565662771 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
The Subject shall undertake wholesale of metals and
ores and conduct related business. |
|
|
|
|
No. of Employee : |
5 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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. 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 |
|
Business
Name |
SKANDISTÅL AB |
|
Country |
SWEDEN |
|
Company
Registration Number |
5565662771 |
|
Activity
Code |
46720 |
|
Activity
Description |
Wholesale of metals and metal ores |
|
Company
Status |
Active (Active) |
|
Latest
Turnover Figure |
50.066.000 SEK |
|
Latest
Shareholder Equity Figure |
3.940.000 SEK |
|
Local
Description |
Very good credit worthiness |
|
Business
Name |
SKANDISTÅL AB |
|
Registered
Company Name |
SKANDISTÅL AB |
|
Company
Registration Number |
5565662771 |
|
Country |
SWEDEN |
|
VAT
Registration Number |
SE556566277101 |
|
Date
of Company Registration |
03/02/1999 |
|
Legal
Form |
Limited liability company |
|
Company
Status |
Active (Active) |
|
Currency
of this Report |
SEK |
|
Principal
Activity Code |
No code |
|
Principal
Activity Description |
The Subject shall undertake wholesale of metals and
ores and conduct related business. |
|
Contact
Address |
Nubbgatan 5, 21124 MALMÖ |
|
Contact
Telephone Number |
040-932340 |
|
Main
Address |
|
|
Address |
Nubbgatan 5, 21124 MALMÖ |
|
Country |
SWEDEN |
|
Telephone |
040-932340 |
Other Addresses
|
Address |
Country |
|
No other addresses for this company |
|
|
Activities |
|
|
Activity Code |
Activity Description |
|
46720 |
Wholesale of metals and metal ores |
Email Addresses
info@skandistal.com
Web Pages
www.skandistal.com
|
Year |
Number of Employees |
|
|
2014 |
5 |
|
|
2013 |
6 |
|
|
2012 |
6 |
|
|
2011 |
6 |
|
|
2010 |
6 |
|
Advisors
|
Auditor Name |
Berth Åke Knutsson |
|
Tax Registrations
|
Registered for FTax |
Yes |
|
|
Registered for VAT |
Yes |
|
|
Registered for Employee Tax |
Yes |
|
Certificates
|
Type |
Category |
Issuer |
|
No certificate information for this company |
|
|
|
Activity Code |
46720 |
|
|
Activity Description |
Wholesale of metals and metal ores |
|
|
Event Date |
Event Description |
|
24/02/2015 |
Authorised signatories amended or new/amended vacancy text |
|
24/02/2015 |
Company representatives, changed |
|
06/02/2015 |
Limit, increase |
|
06/02/2015 |
Annual account, new |
|
30/01/2015 |
Annual report (PDF), new |
|
31/01/2014 |
Annual account, new |
|
31/01/2014 |
Limit, decrease |
|
23/01/2014 |
Annual report (PDF), new |
|
24/04/2013 |
Annual report (PDF), new |
|
23/04/2013 |
Annual report (PDF), new |
|
13/02/2013 |
Limit, increase |
|
12/02/2013 |
Annual account, new |
|
08/02/2013 |
Annual report (PDF), new |
|
02/03/2012 |
Limit, increase |
|
02/03/2012 |
Annual account, new |
|
23/02/2012 |
Annual report (PDF), new |
|
27/09/2011 |
Company representatives, changed |
|
27/09/2011 |
Board, changed |
|
27/09/2011 |
Authorised signatories amended or new/amended vacancy text |
|
11/05/2011 |
Limit, increase |
|
04/05/2011 |
Limit, decrease |
|
24/02/2011 |
Annual account, new |
|
24/02/2011 |
Limit, decrease |
|
21/02/2011 |
Annual report (PDF), new |
|
09/02/2011 |
Board, changed |
No
status history events for this company
Profit and Loss
|
Financial Year |
2014 |
2013 |
2012 |
|
|
Number of Weeks |
52 |
52 |
52 |
|
|
Currency |
SEK |
SEK |
SEK |
|
|
Consolidated Accounts |
No |
No |
No |
|
|
Revenue |
50.175.000 |
50.918.000 |
57.803.000 |
|
|
Operating Costs |
47.375.000 |
49.800.000 |
56.858.000 |
|
|
Operating Profit |
2.800.000 |
1.118.000 |
945.000 |
|
|
Wages & Salaries |
-3.845.000 |
-4.572.000 |
-4.007.000 |
|
|
Depreciation |
-41.000 |
-33.000 |
-73.000 |
|
|
Financial Income |
2.000 |
21.000 |
5.000 |
|
|
Financial Expenses |
-151.000 |
-162.000 |
-203.000 |
|
|
Extraordinary Income |
- |
- |
- |
|
|
Extraordinary Costs |
- |
- |
- |
|
|
Profit before Tax |
2.651.000 |
977.000 |
747.000 |
|
|
Tax |
-551.000 |
-345.000 |
-207.000 |
|
|
Profit after Tax |
2.100.000 |
632.000 |
540.000 |
|
|
Minority Interests |
- |
- |
- |
|
|
Other Appropriations |
-241.000 |
246.000 |
-36.000 |
|
|
Retained Profit |
1.859.000 |
878.000 |
504.000 |
|
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 |
54.000 |
95.000 |
155.000 |
|
|
Total Tangible Assets |
54.000 |
95.000 |
155.000 |
|
|
Goodwill |
- |
- |
- |
|
|
Other Intangible Assets |
- |
- |
- |
|
|
Total Intangible Assets |
- |
- |
- |
|
|
Loans To Group |
- |
- |
- |
|
|
Other Loans |
- |
- |
- |
|
|
Miscellaneous Fixed Assets |
- |
- |
- |
|
|
Total Other Fixed Assets |
- |
- |
- |
|
|
TOTAL FIXED ASSETS |
54.000 |
95.000 |
155.000 |
|
|
Work In Progress |
- |
- |
- |
|
|
Other Inventories |
7.052.000 |
7.798.000 |
7.102.000 |
|
|
Total Inventories |
7.052.000 |
7.798.000 |
7.102.000 |
|
|
Trade Receivables |
7.727.000 |
7.404.000 |
8.504.000 |
|
|
Group Receivables |
- |
- |
- |
|
|
Miscellaneous Receivables |
146.000 |
1.502.000 |
920.000 |
|
|
Total Receivables |
7.873.000 |
8.906.000 |
9.424.000 |
|
|
Cash |
81.000 |
184.000 |
3.483.000 |
|
|
Other Current Assets |
- |
- |
- |
|
|
TOTAL CURRENT ASSETS |
15.007.000 |
16.888.000 |
20.009.000 |
|
|
TOTAL ASSETS |
15.061.000 |
16.983.000 |
20.164.000 |
|
|
Trade Payables |
6.763.000 |
7.027.000 |
8.161.000 |
|
|
Bank Liabilities |
- |
- |
3.012.000 |
|
|
Group Payables |
- |
- |
- |
|
|
Miscellaneous Liabilities |
1.769.000 |
4.626.000 |
3.694.000 |
|
|
TOTAL CURRENT LIABILITIES |
8.532.000 |
11.653.000 |
14.867.000 |
|
|
Bank Liabilities Due After 1
Year |
- |
- |
- |
|
|
Other Loans Or Finance Due
After 1 Year |
- |
- |
- |
|
|
Group Payables Due After 1
Year |
- |
- |
- |
|
|
Miscellaneous Liabilities
Due After 1 Year |
2.589.000 |
2.349.000 |
2.594.000 |
|
|
TOTAL LONG TERM LIABILITIES |
2.589.000 |
2.349.000 |
2.594.000 |
|
|
TOTAL LIABILITIES |
11.121.000 |
14.002.000 |
17.461.000 |
|
|
Called Up Share Capital |
100.000 |
100.000 |
100.000 |
|
|
Share Premium |
- |
- |
- |
|
|
Revenue Reserves |
3.820.000 |
2.861.000 |
2.583.000 |
|
|
Other Reserves |
20.000 |
20.000 |
20.000 |
|
|
TOTAL SHAREHOLDERS EQUITY |
3.940.000 |
2.981.000 |
2.703.000 |
|
Other Financials
|
Contingent Liabilities |
- |
- |
- |
|
Working Capital |
6.475.000 |
5.235.000 |
5.142.000 |
|
Net Worth |
3.940.000 |
2.981.000 |
2.703.000 |
|
Ratios |
|
|
|
|
Pre-Tax Profit Margin |
5.28 % |
1.92 % |
1.29 % |
|
Return On Capital Employed |
11.24 % |
3.41 % |
2.13 % |
|
Return On Total Assets
Employed |
17.60 % |
5.75 % |
3.70 % |
|
Return On Net Assets Employed |
67.28 % |
32.77 % |
27.64 % |
|
Sales/Net Working Capital |
7.75 |
9.73 |
11.24 |
|
Stock Turnover Ratio |
14.05 % |
15.31 % |
12.29 % |
|
Debtor Days |
56.21 |
53.07 |
53.70 |
|
Creditor Days |
49.20 |
50.37 |
51.53 |
|
Current Ratio |
1.76 |
1.45 |
1.35 |
|
Liquidity Ratio/Acid Test |
0.93 |
0.78 |
0.87 |
|
Current Debt Ratio |
2.17 |
3.91 |
5.50 |
|
Gearing |
0 |
0 |
111.43 % |
|
Equity In Percentage |
26.16 % |
17.55 % |
13.41 % |
|
Total Debt Ratio |
2.82 |
4.70 |
6.46 |
|
Issued Share Capital |
100.000 SEK |
|
|
|
No shareholders data for this company. |
|
|
|
|
Name |
Appointment
Date |
Position |
|
|
Torsten Ragnar Hansson |
01/11/2003 |
Actual Member of Board |
|
|
Per Erik Lundqvist |
23/02/2015 |
Managing Director |
|
|
Anders Peter Mellberg |
01/11/2003 |
Actual Member of Board |
|
|
Stefan Bertil Nilsson |
01/11/2003 |
Actual Member of Board |
|
|
Previous Directors |
|
|
|
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Anders Peter Mellberg |
01/11/2003 |
Managing Director |
24/09/2011 |
No group structure for this company
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 |
1 |
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.66.61 |
|
|
1 |
Rs.102.30 |
|
Euro |
1 |
Rs.74.61 |
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
|
|
|
|
Report Prepared
by : |
SDA |
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.