|
Report No. : |
342073 |
|
Report Date : |
25.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
JOHN BEAN TECHNOLOGIES AB |
|
|
|
|
Registered Office : |
Box 913, 25109 Helsingborg |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
26.10.1962 |
|
|
|
|
Com. Reg. No.: |
5560848284 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of non-domestic cooling and ventilation equipment |
|
|
|
|
No. of Employees : |
167 (2013) |
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 : |
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 – 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 |
John Bean Technologies AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5560848284 |
|
Activity Code |
28250 |
|
Activity Description |
Manufacture of non-domestic cooling and ventilation equipment |
|
Company Status |
Active (Active) |
|
Latest Turnover Figure |
986.037.000 SEK |
|
Latest Shareholder Equity Figure |
290.649.000 SEK |
|
Local Description |
Very good credit worthiness |
|
Business Name |
John Bean Technologies AB |
|
Registered Company Name |
John Bean Technologies AB |
|
Company Registration Number |
5560848284 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556084828401 |
|
Date of Company Registration |
26/10/1962 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active (Active) |
|
Currency of this Report |
SEK |
|
Principal Activity Code |
No code |
|
Principal Activity Description |
The company will develop, design,
manufacture and marketing of equipment and software for the food industry,
conducting mechanical workshop business, owning and managing securities and
immovable property and operate with the above businesses compatible motion. |
|
Contact Address |
Box 913, 25109 HELSINGBORG |
|
Contact Telephone Number |
042-4904000 |
|
Address |
Box 913, 25109 HELSINGBORG |
|
Country |
SWEDEN |
|
Telephone |
042-4904000 |
|
Address |
Country |
|
Address |
Bårslövsvägen 9, 25373 |
|
Country |
SWEDEN |
|
Activity Code |
Activity Description |
|
28250 |
Manufacture of non-domestic cooling and ventilation equipment |
No email addresses for this company
No websites for this company
|
Year |
Number of Employees |
|
2013 |
167 |
|
2012 |
158 |
|
2011 |
160 |
|
2010 |
169 |
|
2009 |
172 |
|
Auditor Name |
KPMG AB |
|
Registered for FTax |
Yes |
|
Registered for VAT |
Yes |
|
Registered for Employee Tax |
Yes |
|
Type |
Category |
Issuer |
|
No certificate information for this company |
|
|
|
Activity Code |
28250 |
|
Activity Description |
Manufacture of non-domestic cooling and ventilation equipment |
|
Event Date |
Event Description |
|
10/08/2015 |
Group Structure Change |
|
05/06/2015 |
Authorised signatories amended or new/amended vacancy text |
|
05/06/2015 |
Company representatives, changed |
|
21/05/2015 |
Authorised signatories amended or new/amended vacancy text |
|
21/05/2015 |
Company representatives, changed |
|
24/09/2014 |
Group Structure Change |
|
19/09/2014 |
Group Structure Change |
|
16/09/2014 |
Group Structure Change |
|
04/09/2014 |
Annual account, new |
|
04/09/2014 |
Group annual accout, new |
|
28/08/2014 |
Annual report (PDF), new |
|
29/07/2014 |
Company representatives, changed |
|
29/07/2014 |
Authorised signatories amended or new/amended vacancy text |
|
03/06/2014 |
Company representatives, changed |
|
03/06/2014 |
Authorised signatories amended or new/amended vacancy text |
|
01/10/2013 |
Group Structure Change |
|
25/09/2013 |
Group Structure Change |
|
25/09/2013 |
Company representatives, changed |
|
25/09/2013 |
Authorised signatories amended or new/amended vacancy text |
|
20/09/2013 |
Annual account, new |
|
20/09/2013 |
Group annual accout, new |
|
16/08/2013 |
Annual report (PDF), new |
|
17/05/2013 |
Authorised signatories amended or new/amended vacancy text |
|
17/05/2013 |
Company representatives, changed |
|
03/01/2013 |
Authorised signatories amended or new/amended vacancy text |
|
03/01/2013 |
Company representatives, changed |
|
18/09/2012 |
Fax number, removed |
|
12/09/2012 |
Authorised signatories amended or new/amended vacancy text |
|
12/09/2012 |
Company representatives, changed |
|
04/09/2012 |
Annual account, new |
|
10/08/2012 |
Annual report (PDF), new |
|
24/05/2012 |
Board, changed |
|
24/05/2012 |
Company representatives, changed |
|
03/02/2012 |
Annual account, new |
|
01/02/2012 |
Annual account, new |
|
26/01/2012 |
Annual report (PDF), new |
|
29/03/2011 |
Phone number, new |
|
29/03/2011 |
Fax number, new |
|
Date |
27/08/2015 |
|
Event Description |
Merger ongoing |
|
Applicant |
|
|
Bankruptcy Trustee |
|
|
Company Name |
|
|
Address |
|
|
Court Name |
|
|
Additional Text |
|
|
Financial Year |
2013 |
2012 |
2011 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
No |
No |
No |
|
Revenue |
1.052.818.000 |
1.107.113.000 |
1.255.101.000 |
|
Operating Costs |
1.035.288.000 |
1.046.822.000 |
1.131.582.000 |
|
Operating Profit |
17.530.000 |
60.291.000 |
123.519.000 |
|
Financial Income |
480.000 |
9.581.000 |
2.301.000 |
|
Financial Expenses |
-5.123.000 |
-5.151.000 |
-5.246.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
- |
- |
- |
|
Profit before Tax |
12.887.000 |
64.721.000 |
120.574.000 |
|
Tax |
-6.635.000 |
-20.801.000 |
-29.749.000 |
|
Profit after Tax |
6.252.000 |
43.920.000 |
90.825.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
8.605.000 |
7.479.000 |
-15.777.000 |
|
Retained Profit |
14.857.000 |
51.399.000 |
75.048.000 |
|
Financial Year |
2013 |
2012 |
2011 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
No |
No |
No |
|
Land & Buildings |
16.169.000 |
16.944.000 |
17.707.000 |
|
Plant & Machinery |
31.854.000 |
27.950.000 |
29.094.000 |
|
Other Tangible Assets |
8.961.000 |
5.243.000 |
11.196.000 |
|
Total Tangible Assets |
56.984.000 |
50.137.000 |
57.997.000 |
|
Goodwill |
8.898.000 |
10.097.000 |
11.296.000 |
|
Other Intangible Assets |
- |
- |
- |
|
Total Intangible Assets |
8.898.000 |
10.097.000 |
11.296.000 |
|
Loans To Group |
315.669.000 |
314.808.000 |
594.278.000 |
|
Other Loans |
- |
- |
- |
|
Miscellaneous Fixed Assets |
12.532.000 |
12.532.000 |
12.400.000 |
|
Total Other Fixed Assets |
328.201.000 |
327.340.000 |
606.678.000 |
|
TOTAL FIXED ASSETS |
394.083.000 |
387.574.000 |
675.971.000 |
|
Work In Progress |
62.820.000 |
60.999.000 |
54.396.000 |
|
Other Inventories |
80.287.000 |
84.236.000 |
92.013.000 |
|
Total Inventories |
143.107.000 |
145.235.000 |
146.409.000 |
|
Trade Receivables |
118.482.000 |
117.826.000 |
148.492.000 |
|
Group Receivables |
111.372.000 |
95.623.000 |
205.220.000 |
|
Miscellaneous Receivables |
97.067.000 |
66.040.000 |
63.813.000 |
|
Total Receivables |
326.921.000 |
279.489.000 |
417.525.000 |
|
Cash |
2.255.000 |
114.000 |
315.000 |
|
Other Current Assets |
- |
- |
- |
|
TOTAL CURRENT ASSETS |
472.283.000 |
424.838.000 |
564.249.000 |
|
TOTAL ASSETS |
866.366.000 |
812.412.000 |
1.240.220.000 |
|
Trade Payables |
77.666.000 |
98.885.000 |
108.025.000 |
|
Bank Liabilities |
- |
- |
- |
|
Group Payables |
49.871.000 |
46.083.000 |
44.552.000 |
|
Miscellaneous Liabilities |
168.393.000 |
101.486.000 |
148.828.000 |
|
TOTAL CURRENT LIABILITIES |
295.930.000 |
246.454.000 |
301.405.000 |
|
Bank Liabilities Due After 1 Year |
- |
- |
- |
|
Other Loans Or Finance Due After 1 Year |
- |
- |
- |
|
Group Payables Due After 1 Year |
9.217.000 |
135.033.000 |
49.190.000 |
|
Miscellaneous Liabilities Due After 1 Year |
270.570.000 |
279.573.000 |
280.801.000 |
|
TOTAL LONG TERM LIABILITIES |
279.787.000 |
414.606.000 |
329.991.000 |
|
TOTAL LIABILITIES |
575.717.000 |
661.060.000 |
631.397.000 |
|
Called Up Share Capital |
6.000.000 |
6.000.000 |
6.000.000 |
|
Share Premium |
- |
- |
- |
|
Revenue Reserves |
151.953.000 |
150.506.000 |
601.623.000 |
|
Other Reserves |
132.696.000 |
-5.154.000 |
1.200.000 |
|
TOTAL SHAREHOLDERS EQUITY |
290.649.000 |
151.352.000 |
608.823.000 |
|
Contingent Liabilities |
19.224.000 |
1.973.000 |
1.944.000 |
|
Working Capital |
176.353.000 |
178.384.000 |
262.844.000 |
|
Net Worth |
281.751.000 |
141.255.000 |
597.527.000 |
|
Ratios |
|
|
|
|
Pre-Tax Profit Margin |
1.22 % |
5.85 % |
9.61 % |
|
Return On Capital Employed |
1.11 % |
6.11 % |
7.82 % |
|
Return On Total Assets Employed |
1.49 % |
7.97 % |
9.72 % |
|
Return On Net Assets Employed |
4.43 % |
42.76 % |
19.80 % |
|
Sales/Net Working Capital |
5.97 |
6.21 |
4.78 |
|
Stock Turnover Ratio |
13.59 % |
13.12 % |
11.67 % |
|
Debtor Days |
41.08 |
38.85 |
43.18 |
|
Creditor Days |
26.93 |
32.60 |
31.42 |
|
Current Ratio |
1.60 |
1.72 |
1.87 |
|
Liquidity Ratio/Acid Test |
1.11 |
1.13 |
1.39 |
|
Current Debt Ratio |
1.02 |
1.63 |
0.50 |
|
Gearing |
3.17 % |
89.22 % |
8.08 % |
|
Equity In Percentage |
54.92 % |
31.87 % |
97.84 % |
|
Total Debt Ratio |
1.98 |
4.37 |
1.04 |
|
Issued Share Capital |
6.000.000 SEK |
No shareholders data for this company
|
Name |
Appointment Date |
Position |
|
Charlie Howard Rogers |
02/06/2014 |
Actual Member of Board |
|
Marvin, James L |
02/01/2013 |
Actual Member of Board |
|
Packard, Greg |
02/06/2014 |
Actual Member of Board |
|
Petrie, Robert James |
02/06/2014 |
Actual Member of Board |
|
Daniel Mattias Apelstierna |
20/05/2015 |
Actual Member of Board |
|
Jack Peter Urban Wilthorn |
20/05/2015 |
Actual Member of Board |
|
Nils Torbjörn Persson |
02/06/2014 |
Actual Member of Board |
|
Ulf Christer Jönsson |
22/03/2001 |
Actual Member of Board |
|
Johan Niklas Johnsson |
17/03/2009 |
Substitute |
|
Michelle Jeanne Svedberg Polfer |
20/05/2015 |
Substitute |
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Bengt Rune Evald Ahlbin |
17/03/2009 |
Actual Member of Board |
20/05/2015 |
|
Pär Johan Henrik Larm |
11/09/2012 |
Actual Member of Board |
20/05/2015 |
|
Jack Peter Urban Wilthorn |
24/09/2013 |
Substitute |
20/05/2015 |
|
Gert Erik Lennart Nilsson |
03/09/2001 |
Actual Member of Board |
28/07/2014 |
|
Olof Torbjörn Arvidsson |
16/05/2013 |
Managing Director |
02/06/2014 |
|
Lars Nicklas Margård |
02/11/2006 |
Actual Member of Board |
02/06/2014 |
|
Meyer, Joseph John |
02/01/2013 |
Actual Member of Board |
02/06/2014 |
|
Marica Sandra Helene Olsson |
11/09/2012 |
Substitute |
24/09/2013 |
|
Gun Eva Klasson |
22/03/2001 |
Actual Member of Board |
11/09/2012 |
|
Caroline Jenny Marie Bjärbo |
17/03/2009 |
Substitute |
11/09/2012 |
|
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 |
No Latest Public Claim for this company.
No Latest Private Claim for this company.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.10 |
|
UK Pound |
1 |
Rs.100.89 |
|
Euro |
1 |
Rs.73.96 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
VNT |
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.