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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

486739

Report Date :

19.01.2018

 

IDENTIFICATION DETAILS

 

Name :

SLG SUPPLY CHAIN AS

 

 

Registered Office :

Deliveien 10, 1540 Vestby

 

 

Country :

Norway

 

 

Financials (as on) :

2016

 

 

Date of Incorporation :

23.02.2000

 

 

Com. Reg. No.:

970971165

 

 

Legal Form :

Limited company

 

 

Line of Business :

Warehousing and storage

 

 

No. of Employees :

19

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

A

 

Credit Rating

Explanation

Rating Comments

A

Acceptable Risk

Business dealings permissible with moderate risk of default

 

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

 

Country Name

Previous Rating

(30.06.2017)

Current Rating

(30.09.2017)

Norway

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

 

NORWAY - ECONOMIC OVERVIEW

 

Norway has a stable economy with a vibrant private sector, a large state sector, and an extensive social safety net. Norway opted out of the EU during a referendum in November 1994; nonetheless, as a member of the European Economic Area, it contributes sizably to the EU budget.

The country is richly endowed with natural resources in addition to oil and gas, including hydropower, fish, forests, and minerals. Norway is a leading producer and the world’s second largest exporter of seafood, after China. The government manages the country’s petroleum resources through extensive regulation. The petroleum sector provides about 9% of jobs, 12% of GDP, 13% of the state’s revenue, and 37% of exports, according to official national estimates. Norway is one of the world's leading petroleum exporters, though oil production in 2016 was close to 50% below its peak in 2000; annual gas production, conversely, more than doubled over the same time period. After a continual decline from 2001 to 2013, oil production rose in 2016 for the third year running, due to the higher production of existing oil fields and to new fields coming on stream.

In anticipation of eventual declines in oil and gas production, Norway saves state revenue from petroleum sector activities in the world's largest sovereign wealth fund, valued at almost $900 billion as of early 2017. To help balance the federal budget each year, the government follows a “fiscal rule,” which states that spending of revenues from petroleum and fund investments shall correspond to the expected real rate of return on the fund, an amount it estimates is sustainable over time. In February 2017, the government revised the expected rate of return for the fund downward from 4% to 3%.

After solid GDP growth in the 2004-07 period, the economy slowed in 2008, and contracted in 2009, before returning to modest, positive growth from 2010 to 2016. Lower oil prices in 2015 and 2016 caused growth to slow, increased unemployment, and weakened the Norwegian krone. The latter trend has mitigated the negative impact of lower oil and gas prices by making Norwegian exports cheaper for foreign buyers. The government has expressed willingness to increase public spending from the sovereign wealth fund to help prevent a recession.

 

Source : CIA

 

COMPANY NAME

 

Company Name

SLG SUPPLY CHAIN AS

 

 

COMPANY SUMMARY

 

Company Name

SLG SUPPLY CHAIN AS

Company Number

970971165

Legal Form

Limited company

Status

Active

Address

Deliveien 10

City

1540 VESTBY

Website Address

www.skeidar.no

Telephone

64984000

Share Capital

3 300 000

Previous Name

SKEIDAR AS

Name Change Date

23/02/2000

Registration Date

20/02/1995

Register Type

Register of Business Enterprises and VAT Register

E-mail Address

-

Fax Number

64984010

Currency

NOK

Number of Employees

19

 

 

Postal Address

 

Address

City

c/o SkeidarLiving Group AS Postboks 284

1541 VESTBY

 

 

Key Financials

 

Year to Date

Sales Revenue

Profit Before Tax

Total Equity

2016

1 187 793

1 163

25 118

2015

1 193 962

30 353

29 347

2014

547 092

-17 583

19 078

2013

449 704

-16 815

17 314

2012

532 098

21 332

29 622

 

 

Industry

 

Main Industry Code & Description

52.100 Warehousing and storage

Secondary Industry Code & Description

-

Other Industry Code & Description

-

Sector Code

710

 

 

Ultimate Holding Company

 

Company Name

Country Flag

Company Number

BIRKELUNDEN INVESTERINGSSELSKAP AS

-

 

 

Summary

 

Type

Number

Total Amount

Unsettled ROP

0

0

Partly Settled ROP

0

0

Voluntary Pledge

4

700 000 000

 

 

Voluntary Pledge (Not Negative)

 

Type

Date

Amount

Creditor

Status

ENCUMBERED MACHINERY AND PLANT

19/09/2001

100 000 000

Christiania Bank og Kreditkasse ASA

-

ENCUMBERED MACHINERY AND PLANT

19/09/2001

100 000 000

Christiania Bank og Kreditkasse ASA

-

ENCUMBERED STOCK

08/12/1999

250 000 000

Christiania Bank og Kreditkasse ASA

-

CONTRACT OF FACTORING

08/12/1999

250 000 000

Christiania Bank og Kreditkasse ASA, Oslo

-

 

 

Event History

 

---

 

 

 

Company Name

Company Number

Last Account Published

Revenue

1

BIRKELUNDEN INVESTERINGSSELSKAP AS

-

31/12/2016

8 142 KNOK

2

MIDTSTRANDA HANDELSEIENDOM AS

-

31/12/2016

5 439 KNOK

2

INTERLOG HOLDING AS

-

31/12/2016

0 KNOK

3

INTERLOG AS

-

31/12/2016

4 379 KNOK

INTERLOG CONTAINER AS

-

31/12/2016

10 406 KNOK

MADSGARDEN AS

-

31/12/2016

0 KNOK

SANDVIKA SEIERSBORG AS

-

31/12/2006

6 954 KNOK

BEMA EIENDOM ANS

-

31/12/2016

0 KNOK

2

BIRKELUNDEN MØBLER AS

-

31/12/2004

0 KNOK

3

SKEIDARLIVING GROUP AS

-

31/12/2016

0 KNOK

4

LIVING AS

-

31/12/2016

0 KNOK

SKEIDAR SKJETTEN AS

-

31/12/2009

16 103 KNOK

4

SKEIDAR MØRE HOLDING AS

-

31/12/2006

0 KNOK

5

SKEIDAR ØRSTA AS

-

31/12/2016

25 778 KNOK

SKEIDAR KRISTIANSUND AS

-

31/12/2016

23 913 KNOK

SKEIDAR STORD AS

-

31/12/2016

17 494 KNOK

SKEIDAR LARVIK AS

-

31/12/2016

34 283 KNOK

SKEIDAR TVEDTSENTERET AS

-

31/12/2016

76 881 KNOK

SKEIDAR LAGUNEN AS

-

31/12/2016

63 935 KNOK

SKEIDAR RAGLAMYR AS

-

31/12/2016

48 263 KNOK

SKEIDAR ÅSANE - ULSET AS

-

31/12/2016

21 545 KNOK

SKEIDAR SKULLERUD AS

-

31/12/2016

73 952 KNOK

SKEIDAR LØRENSKOG AS

-

31/12/2016

35 347 KNOK

SMART LIVING EUROPE AS

-

31/12/2016

2 272 KNOK

SKEIDAR RØROS AS

-

-

-

SKEIDAR ORKANGER AS

-

-

-

SKEIDAR BJØRKELANGEN AS

-

-

-

SKEIDAR TILLER AS

-

-

-

SKEIDAR LYNGDAL AS

-

-

-

SKEIDAR DOKKA AS

-

-

-

SKEIDAR ÅLESUND AS

-

31/12/2016

61 413 KNOK

SKEIDAR MOLDE AS

-

31/12/2016

31 586 KNOK

SKEIDAR ÅSANE AS

-

31/12/2016

58 034 KNOK

SKEIDAR TRONDHEIM AS

-

31/12/2016

108 159 KNOK

SKEIDAR OSLO AS

-

31/12/2016

189 173 KNOK

SKEIDAR MOSS AS

-

31/12/2016

33 368 KNOK

SLG SUPPLY CHAIN AS

-

31/12/2016

1 187 793 KNOK

NORDIC FURNITURE & DECOR AS

-

31/12/2016

68 KNOK

SKEIDAR SKI AS

-

31/12/2016

0 KNOK

SKEIDAR ASKER AS

-

31/12/2016

76 033 KNOK

SKEIDAR ARENDAL AS

-

31/12/2016

36 787 KNOK

SKEIDAR FREDRIKSTAD AS

-

31/12/2016

58 405 KNOK

SKEIDAR STEINKJER AS

-

31/12/2016

23 714 KNOK

SKEIDAR TØNSBERG AS

-

31/12/2016

59 022 KNOK

SKEIDAR OUTLET AS

-

31/12/2016

31 695 KNOK

SKEIDAR BODØ AS

-

31/12/2016

39 440 KNOK

SKEIDAR TROMSØ AS

-

31/12/2016

57 056 KNOK

SKEIDAR GJØVIK AS

-

31/12/2016

29 412 KNOK

SKEIDAR SKIEN AS

-

31/12/2016

51 058 KNOK

SKEIDAR LILLEHAMMER AS

-

31/12/2016

36 045 KNOK

SKEIDAR ÅLGÅRD AS

-

31/12/2016

0 KNOK

SKEIDAR SKEDSMO AS

-

31/12/2016

38 370 KNOK

SKEIDAR SANNIDAL AS

-

31/12/2016

15 427 KNOK

SKEIDAR VOLVAT AS

-

31/12/2016

67 571 KNOK

SKEIDAR KRISTIANSAND AS

-

31/12/2016

59 038 KNOK

SKEIDAR HAMAR AS

-

31/12/2016

40 224 KNOK

SKEIDAR DRAMMEN AS

-

31/12/2016

51 490 KNOK

SKEIDAR FORUS AS

-

31/12/2016

63 542 KNOK

SKEIDAR FØRDE AS

-

31/12/2016

20 213 KNOK

SKEIDAR SARPSBORG AS

-

31/12/2016

30 294 KNOK

KID SKEIDAR INTERIØR ALNA AS

-

31/12/2009

14 430 KNOK

SKEIDAR FYLLINGSDALEN AS

-

31/12/2016

44 944 KNOK

SKEIDAR NARVIK AS

-

31/12/2016

17 804 KNOK

SKEIDAR HARSTAD AS

-

31/12/2016

20 469 KNOK

SKEIDAR SORTLAND AS

-

31/12/2016

24 351 KNOK

SKEIDAR ULSTEINVIK AS

-

31/12/2009

0 KNOK

SKEIDAR MO I RANA AS

-

31/12/2016

18 507 KNOK

SKEIDAR LADE AS

-

31/12/2016

17 914 KNOK

SKEIDAR OTTA AS

-

31/12/2016

20 278 KNOK

SKEIDAR FAGERNES AS

-

31/12/2016

0 KNOK

ÅSVEIEN INVEST AS

-

31/12/2016

0 KNOK

VARNAVEIEN 43 AS

-

31/12/2016

3 707 KNOK

VARNAVEIEN AS

-

-

-

 

 

 

Current Directors

 

Name

Address

Date of Birth

Function

Andresen, Martin

Taglugnveien 1 NESØYA 1397

02/02/1977

General manager/CEO

Andresen, Martin

Taglugnveien 1 NESØYA 1397

02/02/1977

Chairman of the board

Auberg, Anna Ingrid

Kusk Jochums Vei 6 VESTBY 1540

21/01/1984

Board member(s)

 

 

Signature

Signature

Styrets leder og ett styremedlem i fellesskap.

 

 

Procurement

Procurement

Kåre Myrvåg
Daglig leder alene eller styrets leder alene.
NULL

 

 

Auditors

 

Name

Company Number

Status

Date

NITSCHKE AS

914658314

Active

03/01/2018

 

 

Other Company Officials

 

--

 

Shareholders

 

Shareholder Name

Number of Shares

Percentage Share

SKEIDARLIVING GROUP AS

3300

100.00

 

 

Group Linkages

No Group Linkages information available for the company

 

 

Announcements

 

Date

Announcement Type

03/01/2018

CHANGE OF AUDITOR

12/06/2017

APPROVED END OF YEAR REPORT AND ACCOUNTS

07/12/2016

CHANGE OF BOARD OF DIRECTORS

15/06/2016

APPROVED END OF YEAR REPORT AND ACCOUNTS

30/06/2015

APPROVED END OF YEAR REPORT AND ACCOUNTS

05/02/2015

CHANGE OF BUSINESS ADDRESS

05/02/2015

CHANGE OF DATE IN ARTICLES OF ASSOCIATON

09/09/2014

APPROVED END OF YEAR REPORT AND ACCOUNTS

06/09/2014

CHANGE OF BOARD OF DIRECTORS

25/03/2014

CHANGE OF DATE IN ARTICLES OF ASSOCIATON

25/03/2014

CHANGE IN BUSINESS NAME

16/09/2013

CHANGE OF GENERAL MANAGER

07/09/2013

APPROVED END OF YEAR REPORT AND ACCOUNTS

22/11/2012

CHANGE OF DATE IN ARTICLES OF ASSOCIATON

22/11/2012

CHANGE OF BUSINESS ADDRESS

07/07/2012

APPROVED END OF YEAR REPORT AND ACCOUNTS

07/01/2012

CHANGE OF BOARD OF DIRECTORS

Company Name

Company Number

Industry Code

Address

City

Telephone

Status

SLG SUPPLY CHAIN AS AVD VESTBY

973992082

52.100

Deliveien 10

1541 VESTBY

64984000

Active

SLG SUPPLY CHAIN AS AVD HOV

916223447

52.100

Møbelvegen 1

1540 VESTBY

-

Active

 

 

FINANCIALS

 

Results

NOK

NOTE: All values displayed in 1000

Financial Year

2016

2015

2014

2013

2012

Currency

NOK

NOK

NOK

NOK

NOK

Consolidated Accounts

No

No

No

No

No

Complete Accounts

Yes

Yes

Yes

Yes

Yes

Sales Revenue

1 187 793

-0.52%

1 193 962

118.24%

547 092

21.66%

449 704

-15.48%

532 098

Other operating income

6 998

-72.19%

25 168

35.62%

18 558

-84.49%

119 682

-0.04%

119 730

Total Operating Income

1 194 791

-2.00%

1 219 130

115.53%

565 650

-0.66%

569 386

-12.65%

651 828

Cost of stocks

1 114 510

-0.47%

1 119 785

104.13%

548 565

24.66%

440 041

-8.55%

481 198

Change in stock of work in progress and finished goods

0

0.00%

0

0.00%

0

0.00%

0

0.00%

0

Change in work in progress

0

0.00%

0

0.00%

0

0.00%

0

0.00%

0

Wages & Salaries

19 901

33.48%

14 909

+

4

-99.94%

7 083

-68.48%

22 469

Depreciation

7 523

18.06%

6 372

-23.60%

8 340

-2.18%

8 526

44.93%

5 883

Write down of tangible and intangible fixed assets

-

N/A

2 727

645.08%

366

+

20

-98.59%

1 416

Other operating expenses

51 772

30.11%

39 790

57.49%

25 265

-80.02%

126 464

5.10%

120 329

Total Operating Expenses

1 193 706

0.86%

1 183 583

103.18%

582 539

0.07%

582 134

-7.79%

631 294

Operating Profit

1 084

-96.95%

35 547

310.47%

-16 889

-32.48%

-12 748

-162.08%

20 534

Allocated dividend

-

N/A

-

N/A

-

N/A

-

N/A

-

Revenue from subsidiaries

0

0.00%

0

0.00%

0

0.00%

0

0.00%

0

Revenue from group companies

0

0.00%

0

0.00%

0

0.00%

0

0.00%

0

Revenue from associated companies

0

0.00%

0

0.00%

0

0.00%

0

0.00%

0

Interest income from group companies

-

N/A

-

N/A

80

-78.20%

367

28.32%

286

Other interest income

51

218.75%

16

-30.43%

23

-89.05%

210

48.94%

141

Other financial income

1 735

52.33%

1 139

-81.49%

6 155

19.93%

5 132

-28.74%

7 202

Financial Income

1 787

54.72%

1 155

-81.55%

6 259

9.63%

5 709

-25.18%

7 630

Changes in value of quoted financial current asssets

0

0.00%

0

0.00%

0

0.00%

0

0.00%

0

Write-downs on other financial current assets

-

N/A

-

N/A

-

N/A

-

N/A

-

Write-downs on financial fixed assets

-

N/A

-

N/A

-

N/A

-

N/A

-

Other interest expenses from group companies

1 171

137.04%

494

-55.50%

1 110

-30.32%

1 593

113.54%

746

Other interest expenses

427

354.26%

94

-22.31%

121

-38.89%

198

+

11

Other financial expenses

110

-98.09%

5 761

0.68%

5 722

-28.35%

7 986

31.48%

6 074

Other financial costs

110

-98.09%

5 761

0.68%

5 722

-28.35%

7 986

31.48%

6 074

Financial Expenses

1 708

-73.10%

6 349

-8.69%

6 953

-28.88%

9 777

43.13%

6 831

Total\net financial items

79

101.52%

-5 194

-648.41%

-694

82.94%

-4 067

-609.01%

799

Profit Before Tax

1 163

-96.17%

30 353

272.63%

-17 583

-4.57%

-16 815

-178.83%

21 332

Tax

366

-95.66%

8 425

277.48%

-4 747

-5.33%

-4 507

-175.33%

5 983

Profit After Tax

797

-96.37%

21 928

270.83%

-12 836

-4.29%

-12 308

-180.19%

15 349

Extraordinary Result

0

0.00%

0

0.00%

0

0.00%

0

0.00%

0

Net profit\loss for the year before miniority interests

-

N/A

-

N/A

-

N/A

-

N/A

-

Tax on extraordinary result

0

0.00%

0

0.00%

0

0.00%

0

0.00%

0

Minority share before year result

-

N/A

-

N/A

-

N/A

-

N/A

-

Net Result after Dividends

797

-96.37%

21 928

270.83%

-12 836

-4.29%

-12 308

-180.19%

15 349

Dividends

-

N/A

-

N/A

-

N/A

-

N/A

-

Group contributions

-

N/A

-

N/A

-

N/A

-

N/A

-

Allocation other equity/covering of previous uncovered loss

-

N/A

-

N/A

-

N/A

-

N/A

-

Total transfers and allocations

0

0.00%

0

0.00%

0

0.00%

0

0.00%

0

Company Name

SLG SUPPLY CHAIN AS

 

Company Number

970971165

 

 

Currency

 

 

 

Assets

NOK

NOTE: All values displayed in 1000

Financial Year

2016

2015

2014

2013

2012

Currency

NOK

NOK

NOK

NOK

NOK

Consolidated Accounts

No

No

No

No

No

Complete Accounts

Yes

Yes

Yes

Yes

Yes

Research and development

-

N/A

-

N/A

13 080

N/A

-

N/A

-

Concessions, patents, licences, trademarks and similar rights

9 553

-8.72%

10 466

+

253

-98.50%

16 835

-17.22%

20 338

Deferred tax asset

1 798

267.69%

489

-89.37%

4 601

-12.43%

5 254

603.35%

747

Goodwill/intangible assets

-

N/A

-

N/A

-

N/A

-

N/A

-

Other intangible fixed assets

-

N/A

-

N/A

-

N/A

-

N/A

-

Intangible Assets

11 351

3.61%

10 955

-38.91%

17 933

-18.81%

22 089

4.76%

21 085

Land & Buildings

31 296

31.07%

23 877

+

1 417

-9.92%

1 573

-22.05%

2 018

Plant & Machinery

-

N/A

-

N/A

-

N/A

-

N/A

-

Ships, rigs, aircraft, etc

-

N/A

-

N/A

-

N/A

-

N/A

-

Operating equipment, fixtures, fittings, tools, office machines, etc.

2 506

-20.49%

3 152

-19.90%

3 935

-48.20%

7 597

-37.10%

12 078

Other operation factors

-

N/A

-

N/A

-

N/A

-

N/A

-

Total Tangible Assets

33 802

25.06%

27 029

405.03%

5 352

-41.64%

9 170

-34.95%

14 097

Shares/investment in subsidiaries

-

N/A

-

N/A

-

N/A

-

N/A

-

Investments in group companies

-

N/A

-

N/A

-

N/A

-

N/A

-

Investments in associated companies

-

N/A

-

N/A

-

N/A

-

N/A

-

Investments in shares and interests

11

0.00%

11

N/A

-

N/A

-

N/A

-

Bonds and other accounts receivables

-

N/A

-

N/A

-

N/A

-

N/A

-

Pension funds

-

N/A

-

N/A

-

N/A

-

N/A

-

Other financial fixed assets

-

N/A

-

N/A

-

N/A

-

N/A

-

Bonds

-

N/A

-

N/A

-

N/A

-

N/A

-

Total financial fixed assets

261

0.00%

261

100.00%

0

0.00%

0

-100.00%

2 552

Other fixed assets

-

N/A

-

N/A

-

N/A

-

N/A

-

TOTAL FIXED ASSETS

45 414

18.74%

38 245

64.24%

23 286

-25.50%

31 258

-17.16%

37 733

Raw materials and purchased semi-manufactured goods

-

N/A

-

N/A

-

N/A

-

N/A

-

Finished goods

-

N/A

-

N/A

-

N/A

-

N/A

-

Other inventories

-

N/A

-

N/A

-

N/A

-

N/A

-

Total inventories

76 255

0.85%

75 612

N/A

-

N/A

1 678

91.12%

878

Inventories

76 255

0.85%

75 612

100.00%

0

-100.00%

1 678

91.12%

878

Trade Receivables

109 657

29.36%

84 770

73.78%

48 779

-6.28%

52 048

-23.24%

67 808

Other Receivables

250

0.00%

250

-99.37%

39 892

100.23%

19 923

680.68%

2 552

Receivables to companies in the same group

-

N/A

-

N/A

-

N/A

-

N/A

-

Total receivable

120 491

-32.43%

178 325

101.11%

88 671

23.20%

71 971

-26.79%

98 314

Shares and interests in group companies

-

N/A

-

N/A

-

N/A

-

N/A

-

Quoted investment shares

-

N/A

-

N/A

-

N/A

-

N/A

-

Quoted bonds

-

N/A

-

N/A

-

N/A

-

N/A

-

Other marked based financial instr.

-

N/A

-

N/A

-

N/A

-

N/A

-

Other financial instr.

-

N/A

-

N/A

-

N/A

-

N/A

-

Other investments

-

N/A

-

N/A

-

N/A

-

N/A

-

Total Investments

0

0.00%

0

0.00%

0

0.00%

0

0.00%

0

Cash & Bank Deposits

7 081

-21.24%

8 991

22.38%

7 347

3.79%

7 079

-7.16%

7 625

Total funds/bank/post

7 081

-21.24%

8 991

22.38%

7 347

3.79%

7 079

-7.16%

7 625

Other current assets

-

N/A

-

N/A

-

N/A

-

N/A

-

TOTAL CURRENT ASSETS

203 826

-22.48%

262 927

173.83%

96 018

18.94%

80 729

-24.42%

106 816

TOTAL ASSETS

249 241

-17.24%

301 172

152.44%

119 303

6.53%

111 987

-22.53%

144 549

 

Equity And Liabilities

NOK

NOTE: All values displayed in 1000

Financial Year

2016

2015

2014

2013

2012

Currency

NOK

NOK

NOK

NOK

NOK

Consolidated Accounts

No

No

No

No

No

Complete Accounts

Yes

Yes

Yes

Yes

Yes

Share Capital

3 300

0.00%

3 300

0.00%

3 300

0.00%

3 300

0.00%

3 300

Own shares (treasury stock)

-

N/A

-

N/A

-

N/A

-

N/A

-

Share Premium Reserve

-

N/A

-

N/A

-

N/A

-

N/A

-

Other paid-in capital

14 600

0.00%

14 600

0.00%

14 600

N/A

-

N/A

-

Total equity deposits

17 900

0.00%

17 900

0.00%

17 900

442.42%

3 300

0.00%

3 300

Valuation reserve

-

N/A

-

N/A

-

N/A

-

N/A

-

Other equity

7 218

-36.94%

11 447

871.73%

1 178

-91.59%

14 014

-46.76%

26 322

Minority interests ( Groups )

-

N/A

-

N/A

-

N/A

-

N/A

-

Total Retained Earnings

7 218

-36.94%

11 447

871.73%

1 178

-91.59%

14 014

-46.76%

26 322

Other Reserves

-

N/A

-

N/A

-

N/A

-

N/A

-

TOTAL EQUITY

25 118

-14.41%

29 347

53.83%

19 078

10.19%

17 314

-41.55%

29 622

Long Term Pension Commitments

-

N/A

-

N/A

139

-60.06%

348

-42.00%

600

Deferred tax liabilities

-

N/A

-

N/A

-

N/A

-

N/A

-

Other provisions

1 909

N/A

-

N/A

154

-94.59%

2 849

N/A

-

Total provisions for liabilities and charges

1 909

100.00%

0

-100.00%

293

-90.84%

3 197

432.83%

600

Convertible loans

-

N/A

-

N/A

-

N/A

-

N/A

-

Other Long Term Loans

-

N/A

-

N/A

-

N/A

-

N/A

-

Long Term Liabilities to Financial Institutions

4 500

-21.05%

5 700

N/A

-

N/A

-

N/A

-

Long-term group contribution liabilities

-

N/A

-

N/A

-

N/A

-

N/A

-

Liable loan capital

-

N/A

-

N/A

-

N/A

-

N/A

-

Other long-term liabilities

0

0.00%

0

0.00%

0

0.00%

0

0.00%

0

Total other long-term liabilities

4 500

-21.05%

5 700

N/A

-

N/A

-

N/A

-

TOTAL LONG TERM LIABILITIES

6 409

12.44%

5 700

+

293

-90.84%

3 197

432.83%

600

Convertible loan

-

N/A

-

N/A

-

N/A

-

N/A

-

Certificate loan

-

N/A

-

N/A

-

N/A

-

N/A

-

Short Term Liabilities to Financial Institutions

-

N/A

-

N/A

-

N/A

-

N/A

-

Trade Creditors

148 481

-38.92%

243 090

167.48%

90 881

47.66%

61 547

-31.14%

89 381

Payable tax

-

N/A

-

N/A

-

N/A

-

N/A

-

Special government taxes

17 698

+

679

-64.58%

1 917

-26.94%

2 624

-4.37%

2 744

Suggested dividend

-

N/A

-

N/A

-

N/A

-

N/A

-

Short Term Liabilities to Group

6 700

-58.05%

15 972

N/A

-

N/A

-

N/A

19 649

Other creditors

-

N/A

-

N/A

-

N/A

-

N/A

-

TOTAL CURRENT LIABILITIES

217 714

-18.19%

266 126

166.30%

99 933

9.25%

91 476

-19.99%

114 326

TOTAL LIABILITIES

224 122

-17.55%

271 826

171.22%

100 225

5.86%

94 673

-17.62%

114 927

Total liabilities and equity

249 241

-17.24%

301 172

152.44%

119 303

6.53%

111 987

-22.53%

144 549

Company Name

SLG SUPPLY CHAIN AS

 

Company Number

970971165

 

 

Currency

 

 

 

Miscellaneous

NOTE: All values displayed in 1000

 

Financial Year

2016

2015

2014

2013

2012

 

Total Exports

-

N/A

-

N/A

-

N/A

-

N/A

-

Working Capital

-13 888

-334.14%

-3 199

18.29%

-3 915

63.57%

-10 747

-43.10%

-7 510

Net Worth

13 767

-25.15%

18 392

+

1 145

123.98%

-4 775

-155.93%

8 537

Capital Employed

31 527

-10.04%

35 047

80.93%

19 371

-5.56%

20 511

-32.13%

30 222

Man-labour year

29

38.10%

21

100.00%

0

-100.00%

8

-69.23%

26

Employees

29

141.67%

12

100.00%

0

-100.00%

8

-70.37%

27

General manager salary

-

N/A

-

N/A

-

N/A

-

N/A

-

Auditor's remuneration

176

55.75%

113

13.00%

100

29.87%

77

-54.17%

168

 

Ratios

Financial Year

2016

2015

2014

2013

2012

 

Pre-Tax Profit Margin

0.10

2.54

-3.21

-3.74

4.01

Return on Capital Employed

3.69

86.61

-90.77

-81.98

70.58

Return on Total Assets Employed

0.47

10.08

-14.74

-15.02

14.76

Return on Net Assets Employed

4.63

103.43

-92.16

-97.12

72.01

Sales/Net Working Capital

-85.53

-373.23

-139.74

-41.84

-70.85

Stock Turnover Ratio

6.42

6.33

0.00

0.37

0.17

Debtor Days

33.70

25.91

32.54

42.24

46.51

Creditor Days

45.63

74.31

60.63

49.95

61.31

Current Ratio

0.94

0.99

0.96

0.88

0.93

Liquidity Ratio/Acid Test

0.59

0.70

0.96

0.86

0.93

Current Debt Ratio

8.67

9.07

5.24

5.28

3.86

Solvency Ratio

10.08

9.74

15.99

15.46

20.49

Equity in Percentage

10.57

10.12

18.82

19.26

24.50

Total Debt Ratio

8.92

9.26

5.25

5.47

3.88

Company Name

SLG SUPPLY CHAIN AS

 

Company Number

970971165

 

 

Currency

 

 

Date

Remark

31/12/2012

Uncertainty about the company's ability to continue as a going concern.

The company's annual report was not submitted within the statutory time limit.

Other Emphasis of Matter


 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 63.84

UK Pound

1

INR 88.28

Euro

1

INR 77.88

NOK

1

INR 8.14

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRA

 

 

Report Prepared by :

SYL

                                                


 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

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 are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.