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MIRA INFORM REPORT
|
Report No. : |
511447 |
|
Report Date : |
01.06.2018 |
IDENTIFICATION DETAILS
|
Name : |
KAPPAHL AB (PUBL) |
|
|
|
|
Registered Office : |
Idrottsvagen 14, 431 24 Molndal, Vastra Gotaland |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
August 2017 |
|
|
|
|
Date of Incorporation : |
23.04.2004 |
|
|
|
|
Com. Reg. No.: |
5566612312 |
|
|
|
|
Legal Form : |
Public Company |
|
|
|
|
Line of Business : |
Activities of head offices |
|
|
|
|
No. of Employees : |
7 |
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 |
|
Maximum Credit Limit : |
1,950,000 SEK |
|
|
|
|
Status : |
Good |
|
|
|
|
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.
SWEDEN - ECONOMIC OVERVIEW
Sweden’s small, open, and competitive economy has been thriving and Sweden has achieved an enviable standard of living with its combination of free-market capitalism and extensive welfare benefits. Sweden remains outside the euro zone largely out of concern that joining the European Economic and Monetary Union would diminish the country’s sovereignty over its welfare system.
Timber, hydropower, and iron ore constitute the resource base of a manufacturing economy that relies heavily on foreign trade. Exports, including engines and other machines, motor vehicles, and telecommunications equipment, account for more than 44% of GDP. Sweden enjoys a current account surplus of about 5% of GDP, which is one of the highest margins in Europe.
GDP grew an estimated 3.3% in 2016 and 2017 driven largely by investment in the construction sector. Economic growth is expected to ease slightly in the coming years as this investment subsides. Global economic growth boosted exports of Swedish manufactures further, helping drive domestic economic growth in 2017. The central bank is keeping an eye on deflationary pressures and is expected to maintain its expansionary monetary policy in 2018. Swedish prices and wages have grown only slightly over the past few years, helping to support the country’s competitiveness.
In the short and medium term Sweden’s economic challenges include keeping rising house prices in check and successfully integrating migrants into the labor market.
|
Source
: CIA |
Company
Summary
|
Business
Name |
KappAhl AB (publ) |
|
Country |
SWEDEN |
|
Company Registration Number |
5566612312 |
|
Company Status |
Active (Active) |
|
Latest Turnover Figure |
29,700,000 SEK |
|
Latest Shareholder Equity
Figure |
1,960,900,000 SEK |
|
Credit Limit |
1,950,000 SEK |
Basic
Information
|
Business Name |
KappAhl AB (publ) |
|
Registered Company Name |
KappAhl AB (publ) |
|
Company Registration Number |
5566612312 |
|
Country |
SWEDEN |
|
Date of Company Registration |
23/04/2004 |
|
Legal Form |
Public Company |
|
Company Status |
Active (Active) |
|
Currency of this Report |
SEK |
|
Contact Address |
Idrottsvagen 14, 431 24
MOLNDAL, VASTRA GOTALAND |
|
Contact Telephone Number |
031-7715500 |
Main
Address
|
|
|
Address |
Idrottsvagen 14, 431 24
MOLNDAL, VASTRA GOTALAND |
|
Country |
SWEDEN |
|
Telephone |
031-7715500 |
Email Addresses
|
No
email addresses for this company |
Web Pages
Employee Information
|
Year |
Number
of Employees |
|
2017 |
7 |
|
2016 |
7 |
|
2015 |
7 |
|
2014 |
7 |
|
2013 |
9 |
Advisors
|
Auditor
Name |
PricewaterhouseCoopers
AB |
Tax Registrations
|
Registered
for FTax |
No |
|
Registered
for VAT |
No |
|
Registered
for Employee Tax |
No |
Certificates
|
No
certificate information for this company |
Industry Comparison
|
Activity
Code |
70100 |
|
Activity
Description |
Activities
of head offices |
Event History
|
Event Date |
Event
Description |
|
27/03/2018 |
Group
Structure Change |
|
24/02/2018 |
Company
representatives, changed |
|
24/02/2018 |
Authorised
signatories amended or new/amended vacancy text |
|
07/02/2018 |
Authorised
signatories amended or new/amended vacancy text |
|
07/02/2018 |
Company
representatives, changed |
|
01/02/2018 |
Group
Structure Change |
|
23/01/2018 |
Group
Structure Change |
|
22/01/2018 |
Group
annual accout, new |
|
22/01/2018 |
Annual
account, new |
|
18/01/2018 |
Annual
report (PDF), new |
|
03/01/2018 |
Company
representatives, changed |
|
03/01/2018 |
Authorised
signatories amended or new/amended vacancy text |
|
05/10/2017 |
Authorised
signatories amended or new/amended vacancy text |
|
05/10/2017 |
Company
representatives, changed |
|
06/04/2017 |
Group
Structure Change |
|
15/03/2017 |
Authorised
signatories amended or new/amended vacancy text |
|
15/03/2017 |
Company
representatives, changed |
|
08/03/2017 |
Group
Structure Change |
|
06/03/2017 |
Annual
account, new |
|
06/03/2017 |
Group
annual accout, new |
|
06/03/2017 |
Limit,
decrease |
|
01/03/2017 |
Annual
report (PDF), new |
|
21/02/2017 |
Group
Structure Change |
|
17/01/2017 |
Authorised
signatories amended or new/amended vacancy text |
|
17/01/2017 |
Limit,
increase |
|
17/01/2017 |
Company
representatives, changed |
|
29/04/2016 |
Company
representatives, changed |
|
29/04/2016 |
Authorised
signatories amended or new/amended vacancy text |
|
29/04/2016 |
Limit,
decrease |
|
11/04/2016 |
Group
Structure Change |
|
29/02/2016 |
Group
Structure Change |
|
09/01/2016 |
Authorised
signatories amended or new/amended vacancy text |
|
09/01/2016 |
Company
representatives, changed |
|
29/12/2015 |
Group
Structure Change |
|
24/12/2015 |
Authorised
signatories amended or new/amended vacancy text |
|
24/12/2015 |
Company
representatives, changed |
|
21/12/2015 |
Annual
account, new |
|
21/12/2015 |
Group
annual accout, new |
|
21/12/2015 |
Limit,
increase |
|
15/12/2015 |
Annual
report (PDF), new |
|
10/07/2015 |
Company
representatives, changed |
|
10/07/2015 |
Authorised
signatories amended or new/amended vacancy text |
|
12/03/2015 |
Group
Structure Change |
|
19/02/2015 |
Share
capital, new issue |
|
29/01/2015 |
Group
Structure Change |
|
26/01/2015 |
Annual
account, new |
|
26/01/2015 |
Limit,
decrease |
|
26/01/2015 |
Group
Structure Change |
|
26/01/2015 |
Group
annual accout, new |
|
19/01/2015 |
Annual
report (PDF), new |
|
01/01/2015 |
Limit,
increase |
|
01/01/2015 |
Company
representatives, changed |
|
01/01/2015 |
Authorised
signatories amended or new/amended vacancy text |
|
01/07/2014 |
Limit,
decrease |
|
01/07/2014 |
Company
representatives, changed |
|
01/07/2014 |
Authorised
signatories amended or new/amended vacancy text |
|
15/04/2014 |
Company
representatives, changed |
|
15/04/2014 |
Authorised
signatories amended or new/amended vacancy text |
|
14/04/2014 |
Group
Structure Change |
|
13/02/2014 |
Group
Structure Change |
|
11/02/2014 |
Limit,
increase |
|
11/02/2014 |
Annual
account, new |
|
11/02/2014 |
Group
annual accout, new |
|
04/02/2014 |
Annual
report (PDF), new |
|
24/01/2014 |
Group
Structure Change |
|
08/01/2014 |
Company
representatives, changed |
|
08/01/2014 |
Authorised
signatories amended or new/amended vacancy text |
|
07/09/2013 |
Company
representatives, changed |
|
23/08/2013 |
Group
Structure Change |
|
14/06/2013 |
Group
Structure Change |
|
13/06/2013 |
Annual
report (PDF), new |
|
11/06/2013 |
Annual
account, new |
|
11/06/2013 |
Group
annual accout, new |
|
11/06/2013 |
Limit,
increase |
Status History
No status history events for this company
Financials
Profit and Loss
|
Profit and Loss |
|
|
|
|
Financial Year |
08/2017 |
08/2016 |
08/2015 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
No |
No |
No |
|
Revenue |
29,700,000 |
23,300,000 |
24,500,000 |
|
Operating Costs |
36,900,000 |
34,200,000 |
39,200,000 |
|
Operating Profit |
-7,200,000 |
-10,900,000 |
-14,700,000 |
|
Financial Income |
4,300,000 |
38,200,000 |
56,300,000 |
|
Financial Expenses |
8,000,000 |
28,700,000 |
43,000,000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
- |
- |
- |
|
Profit before Tax |
-414,900,000 |
11,400,000 |
35,100,000 |
|
Tax |
-600,000 |
-200,000 |
- |
|
Profit after Tax |
-414,300,000 |
11,600,000 |
35,100,000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
- |
- |
- |
|
Retained Profit |
-414,300,000 |
11,600,000 |
35,100,000 |
|
Balance
Sheet |
|
|
|
|
Financial Year |
08/2017 |
08/2016 |
08/2015 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
No |
No |
No |
|
Land & Buildings |
- |
- |
- |
|
Plant & Machinery |
- |
- |
- |
|
Other Tangible Assets |
- |
- |
- |
|
Total Tangible Assets |
- |
- |
- |
|
Goodwill |
- |
- |
- |
|
Other Intangible Assets |
- |
- |
- |
|
Total Intangible Assets |
- |
- |
- |
|
Loans To Group |
- |
- |
- |
|
Other Loans |
- |
- |
- |
|
Miscellaneous Fixed Assets |
2,712,000,000 |
3,144,300,000 |
3,106,200,000 |
|
Total Other Fixed Assets |
2,712,000,000 |
3,144,300,000 |
3,106,200,000 |
|
TOTAL FIXED ASSETS |
2,712,000,000 |
3,144,300,000 |
3,106,200,000 |
|
Work In Progress |
- |
- |
- |
|
Other Inventories |
- |
- |
- |
|
Total Inventories |
- |
- |
- |
|
Trade Receivables |
- |
- |
- |
|
Group Receivables |
34,200,000 |
285,900,000 |
279,400,000 |
|
Miscellaneous Receivables |
2,400,000 |
1,100,000 |
2,900,000 |
|
Total Receivables |
36,600,000 |
287,000,000 |
282,300,000 |
|
Cash |
16,500,000 |
2,900,000 |
38,200,000 |
|
Other Current Assets |
- |
- |
- |
|
TOTAL CURRENT ASSETS |
53,100,000 |
289,900,000 |
320,500,000 |
|
TOTAL ASSETS |
2,765,100,000 |
3,434,200,000 |
3,426,700,000 |
|
Trade Payables |
400,000 |
300,000 |
400,000 |
|
Bank Liabilities |
- |
- |
- |
|
Group Payables |
787,700,000 |
343,900,000 |
153,800,000 |
|
Miscellaneous Liabilities |
16,100,000 |
218,000,000 |
355,200,000 |
|
TOTAL CURRENT LIABILITIES |
804,200,000 |
562,200,000 |
509,400,000 |
|
Bank Liabilities Due After 1 Year |
- |
400,000,000 |
- |
|
Other Loans Or Finance Due After 1 Year |
- |
- |
- |
|
Group Payables Due After 1 Year |
- |
- |
- |
|
Miscellaneous Liabilities Due After 1 Year |
- |
800,000 |
400,000,000 |
|
TOTAL LONG TERM LIABILITIES |
- |
400,800,000 |
400,000,000 |
|
TOTAL LIABILITIES |
804,200,000 |
963,000,000 |
909,400,000 |
|
Called Up Share Capital |
65,800,000 |
65,800,000 |
65,800,000 |
|
Share Premium |
959,500,000 |
959,500,000 |
955,800,000 |
|
Revenue Reserves |
730,500,000 |
1,240,800,000 |
1,290,600,000 |
|
Other Reserves |
205,100,000 |
205,100,000 |
205,100,000 |
|
TOTAL SHAREHOLDERS EQUITY |
1,960,900,000 |
2,471,200,000 |
2,517,300,000 |
|
Other
Financials |
|
|
|
|
Financial Year |
08/2017 |
08/2016 |
08/2015 |
|
Contingent Liabilities |
- |
- |
- |
|
Working Capital |
-751,100,000 |
-272,300,000 |
-188,900,000 |
|
Net Worth |
1,960,900,000 |
2,471,200,000 |
2,517,300,000 |
|
Ratios |
|
|
|
|
Financial Year |
08/2017 |
08/2016 |
08/2015 |
|
Pre-Tax Profit Margin (%) |
-1396.97 % |
48.93 % |
143.27 % |
|
Return On Capital Employed (%) |
-11.62 % |
0.29 % |
0.89 % |
|
Return On Total Assets Employed (%) |
-15.00 % |
0.33 % |
1.02 % |
|
Return On Net Assets Employed (%) |
-21.16 % |
0.46 % |
1.39 % |
|
Sales/Net Working Capital |
-0.04 |
-0.09 |
-0.13 |
|
Stock Turnover Ratio (%) |
- |
- |
- |
|
Debtor Days |
- |
- |
- |
|
Creditor Days |
4.92 |
4.70 |
5.96 |
|
Current Ratio |
0.07 |
0.52 |
0.63 |
|
Liquidity Ratio/Acid Test |
0.07 |
0.52 |
0.63 |
|
Current Debt Ratio |
0.41 |
0.23 |
0.20 |
|
Gearing (%) |
- |
16.19 % |
15.89 % |
|
Equity In Percentage (%) |
3692.84 % |
852.43 % |
785.43 % |
|
Total Debt Ratio |
0.41 |
0.39 |
0.36 |
|
Additional
Financials Items |
|
|
|
|
Year End Date |
2017 |
2016 |
2015 |
|
Audited Accounts |
Yes |
Yes |
Yes |
|
Auditor Comments |
- |
- |
- |
Credit
Score
|
Previous Credit Limit |
1,950,000 SEK |
Share
Capital Structure
|
Issued Share Capital |
65,846,040 SEK |
Shareholders
|
No shareholders data for this company. |
Current
Directors
|
Name |
Appointment Date |
Position |
|
Anders Gustav Bülow |
20/12/2012 |
Actual Member of Board |
|
Göran Holger Bille |
14/03/2017 |
Foreign Resident in the EEA |
|
Birgitta Christina Olivensjö |
23/12/2015 |
Actual Member of Board |
|
Cecilia Anna Lovisa Kocken |
16/01/2017 |
Actual Member of Board |
|
Johanna Kristina Bergqvist |
06/02/2018 |
Actual Member of Board |
|
Kerstin Marie-Louise Jansson Bring |
23/02/2018 |
Actual Member of Board |
|
Kjell Åke Thomas Gustafsson |
02/01/2018 |
Actual Member of Board |
|
Pia Christina Rudengren |
07/01/2014 |
Actual Member of Board |
|
Susanne Margareta Holmberg |
30/12/2014 |
Actual Member of Board |
|
Carita Cecilia Lundquist |
06/02/2018 |
Substitute |
|
Nils Håkan Jirlow |
23/02/2018 |
Substitute |
Previous
Directors
|
Name |
Appointment Date |
Position |
Resignation Date |
|
Michael Bjerregaard Jensen |
14/04/2014 |
Actual Member of Board |
23/02/2018 |
|
Kerstin Marie-Louise Jansson Bring |
14/04/2014 |
Substitute |
23/02/2018 |
|
Melinda Anna Marlén Hedström |
16/11/2012 |
Actual Member of Board |
06/02/2018 |
|
Karin Eva Marie Matthiessen |
16/11/2012 |
Substitute |
04/10/2017 |
|
Carl Christian Westin Jansson |
09/07/2015 |
Foreign Resident outside the |
16/01/2017 |
|
|
EEA |
|
|
|
Karl Gustav Ingemar Öhrn |
23/12/2015 |
Actual Member of Board |
28/04/2016 |
|
Amelia Adamo |
18/01/2005 |
Actual Member of Board |
23/12/2015 |
|
Pål Magnus Frankenius |
25/01/2006 |
Actual Member of Board |
30/06/2014 |
|
Eva Bodil Agneta Lidefelt |
06/05/2013 |
Actual Member of Board |
14/04/2014 |
|
Sonat Burman Olsson |
30/12/2011 |
Actual Member of Board |
07/01/2014 |
Group
Structure
|
Company Name |
|
Number |
Latest Annual |
|
|
|
|
Accounts |
|
0 |
KappAhl AB (publ) |
5566612312 |
31/08/2017 |
|
1 |
KappAhl A/S |
947659138 |
31/08/2016 |
|
1 |
Kapp Ahl Oy |
07585064 |
31/08/2017 |
|
1 |
KappAhl Sverige AB |
5560604158 |
31/08/2017 |
|
2 |
Dama 16 Sp Zoo |
|
- |
|
2 |
Dama 15 Sp Zoo |
|
- |
|
2 |
Dama 14 Sp Zoo |
|
- |
|
2 |
Dama 13 Sp Zoo |
|
- |
|
2 |
Dama 12 Sp Zoo |
|
- |
|
2 |
Dama 11 Sp Zoo |
|
- |
|
2 |
Dama 10 Sp Zoo |
|
- |
|
2 |
Dama 9 Sp Zoo |
|
- |
|
2 |
Dama 8 Sp Zoo |
|
- |
|
2 |
Kappahl Polska Sp Zoo |
|
- |
|
2 |
KappAhl Fashion Holding AB |
5565415980 |
31/08/2017 |
|
2 |
KappAhl Mölndal AB |
5567141444 |
31/08/2017 |
|
2 |
KappAhl Mode Holding AB |
5565450037 |
31/08/2017 |
Negative
Information
Debt
Balance
No Debt Balance for this company.
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 |
INR 67.45 |
|
|
1 |
INR 89.79 |
|
Euro |
1 |
INR 78.79 |
|
SEK |
1 |
INR 7.63 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
KET |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.