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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

495963

Report Date :

05.03.2018

 

 

IDENTIFICATION DETAILS

 

Name :

ROXTEC INTERNATIONAL AKTIEBOLAG

 

 

Registered Office :

Box 540, 37123 Karlskrona, Blekinge

 

 

Country :

Sweden

 

 

Financials (as on) :

June 2016

 

 

Date of Incorporation :

13.09.1989

 

 

Com. Reg. No.:

5563708063

 

 

Legal Form :

Limited liability company

 

 

Line of Business :

·         Manufacture of other rubber products

·         Wholesale of hardware

·         Wholesale of other intermediate products n.e.c.

 

 

No. of Employees :

197 [2016]

 


 

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+

Low Risk

Business dealings permissible with low risk of default

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

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)

Sweden

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

 


 

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 name

 

Roxtec International Aktiebolag

 

 

Company Summary

 

Business Name

Roxtec International Aktiebolag

Country

SWEDEN

Company Registration Number

5563708063

Activity Code

22190

Activity Description

Manufacture of other rubber products

Company Status

Active (Active)

Latest Turnover Figure

1.009.267.000 SEK

Latest Shareholder Equity Figure

92.803.000 SEK

 

 

Basic Information

 

Business Name

Roxtec International Aktiebolag

Registered Company Name

Roxtec International Aktiebolag

Company Registration Number

5563708063

Country

SWEDEN

VAT Registration Number

SE556370806301

Date of Company Registration

13/09/1989

Legal Form

Limited liability company

Company Status

Active (Active)

Currency of this Report

SEK

Principal Activity Code

No code

Contact Address

Box 540, 37123 KARLSKRONA, BLEKINGE

Contact Telephone Number

0455-366700

 

 

Main Address

 

Address

Box 540, 37123 KARLSKRONA, BLEKINGE

Country

SWEDEN

Telephone

0455-366700

 

 

Activities

 

Activity Code

Activity Description

22190

Manufacture of other rubber products

46741

Wholesale of hardware

46769

Wholesale of other intermediate products n.e.c.

 

 

Email Addresses

No email addresses for this company

 

 

Web Pages

www.roxtec.se

 

 

Employee Information

 

Year

Number of Employees

2016

197

2015

191

2014

176

2013

160

2012

154

 

 

Advisors

 

Auditor Name

Deloitte AB

 

 

Tax Registrations

 

Registered for FTax

Yes

Registered for VAT

Yes

Registered for Employee Tax

Yes

 

 

Certificates

No certificate information for this company

 

 

Industry Comparison

 

Activity Code

22190

Activity Description

Manufacture of other rubber products

 

 

Event History

 

Event Date

Event Description

07/11/2017

Certificate, deregistered

07/11/2017

Certificate, registered

17/06/2017

Authorised signatories amended or new/amended vacancy text

17/06/2017

Company representatives, changed

18/05/2017

Group Structure Change

02/03/2017

Group Structure Change

22/02/2017

Group Structure Change

21/02/2017

Group Structure Change

16/02/2017

Group Structure Change

15/02/2017

Group Structure Change

13/02/2017

Group Structure Change

10/02/2017

Group Structure Change

07/02/2017

Group Structure Change

02/02/2017

Group Structure Change

01/02/2017

Group Structure Change

31/01/2017

Group Structure Change

30/01/2017

Group Structure Change

27/01/2017

Group Structure Change

26/01/2017

Group Structure Change

24/01/2017

Group Structure Change

23/01/2017

Group Structure Change

19/01/2017

Group Structure Change

12/01/2017

Group Structure Change

10/01/2017

Group Structure Change

06/01/2017

Group Structure Change

05/01/2017

Annual account, new

04/01/2017

Group Structure Change

30/12/2016

Group Structure Change

30/12/2016

Annual report (PDF), new

29/12/2016

Group Structure Change

28/12/2016

Group Structure Change

27/12/2016

Group Structure Change

26/12/2016

Group Structure Change

15/11/2016

Group Structure Change

10/11/2016

Group Structure Change

24/10/2016

Group Structure Change

23/05/2016

Group Structure Change

08/03/2016

Group Structure Change

04/03/2016

Group Structure Change

02/03/2016

Group Structure Change

25/02/2016

Group Structure Change

24/02/2016

Group Structure Change

16/02/2016

Group Structure Change

15/02/2016

Group Structure Change

11/02/2016

Group Structure Change

10/02/2016

Group Structure Change

09/02/2016

Group Structure Change

08/02/2016

Group Structure Change

05/02/2016

Group Structure Change

04/02/2016

Group Structure Change

02/02/2016

Group Structure Change

27/01/2016

Group Structure Change

25/01/2016

Group Structure Change

22/01/2016

Group Structure Change

15/01/2016

Group Structure Change

11/01/2016

Group Structure Change

07/01/2016

Group Structure Change

06/01/2016

Group Structure Change

05/01/2016

Group annual accout, new

05/01/2016

Annual account, new

31/12/2015

Group Structure Change

30/12/2015

Group Structure Change

30/12/2015

Annual report (PDF), new

29/12/2015

Group Structure Change

27/07/2015

Group Structure Change

10/06/2015

Group Structure Change

13/03/2015

Group Structure Change

27/02/2015

Group Structure Change

26/02/2015

Group Structure Change

19/02/2015

Group Structure Change

19/01/2015

Group annual accout, new

19/01/2015

Annual account, new

13/01/2015

Annual report (PDF), new

05/01/2015

Group Structure Change

03/12/2014

Group Structure Change

27/11/2014

Group Structure Change

26/11/2014

Group Structure Change

11/11/2014

Group Structure Change

04/11/2014

Group Structure Change

24/10/2014

Group Structure Change

26/02/2014

Group Structure Change

17/02/2014

Group Structure Change

14/02/2014

Group Structure Change

13/02/2014

Group Structure Change

12/02/2014

Group Structure Change

11/02/2014

Group Structure Change

10/02/2014

Group Structure Change

07/02/2014

Group Structure Change

29/01/2014

Group Structure Change

22/01/2014

Group Structure Change

21/01/2014

Group Structure Change

16/01/2014

Group Structure Change

15/01/2014

Annual account, new

08/01/2014

Annual report (PDF), new

19/12/2013

Group Structure Change

26/11/2013

Group Structure Change

04/06/2013

Certificate, registered

22/05/2013

Company representatives, changed

22/05/2013

Authorised signatories amended or new/amended vacancy text

09/01/2013

Annual account, new

04/01/2013

Annual report (PDF), new

 

 

Status History

No status history events for this company

 

 

FINANCIALS

 

Profit and Loss

Financial Year

06/2016

06/2015

06/2014

Number of Weeks

52

52

52

Currency

SEK

SEK

SEK

Consolidated Accounts

No

No

No

Revenue

1.020.780.000

1.064.529.000

900.703.000

Operating Costs

843.826.000

840.059.000

753.890.000

Operating Profit

176.954.000

224.470.000

146.813.000

Financial Income

30.000

4.598.000

66.000

Financial Expenses

1.532.000

20.000

4.875.000

Profit before Tax

175.452.000

229.048.000

142.004.000

Tax

-38.000

-1.663.000

31.058.000

Profit after Tax

175.490.000

230.711.000

110.946.000

Other Appropriations

-177.925.000

-238.949.000

-3.460.000

Retained Profit

-2.435.000

-8.238.000

107.486.000

Balance Sheet

 

 

 

Financial Year

06/2016

06/2015

06/2014

Number of Weeks

52

52

52

Currency

SEK

SEK

SEK

Consolidated Accounts

No

No

No

Land & Buildings - - -

 

 

 

Plant & Machinery

32.627.000

28.855.000

35.174.000

Other Tangible Assets

34.153.000

34.269.000

25.736.000

Total Tangible Assets

66.780.000

63.124.000

60.910.000

Goodwill

24.949.000

28.529.000

32.108.000

Other Intangible Assets - - -

 

 

 

Total Intangible Assets

24.949.000

28.529.000

32.108.000

Loans To Group - - -

 

 

 

Other Loans - - -

 

 

 

Miscellaneous Fixed Assets

3.341.000

3.347.000

623.000

Total Other Fixed Assets

3.341.000

3.347.000

623.000

TOTAL FIXED ASSETS

95.070.000

95.000.000

93.641.000

Work In Progress - - -

 

 

 

Other Inventories

69.723.000

79.257.000

79.732.000

Total Inventories

69.723.000

79.257.000

79.732.000

Trade Receivables

15.365.000

35.017.000

20.378.000

Group Receivables

191.199.000

187.850.000

154.703.000

Miscellaneous Receivables

78.691.000

71.943.000

63.208.000

Total Receivables

285.255.000

294.810.000

238.289.000

Cash

36.176.000

146.961.000

7.094.000

Other Current Assets - - -

 

 

 

TOTAL CURRENT ASSETS

391.154.000

521.028.000

325.115.000

TOTAL ASSETS

486.224.000

616.028.000

418.756.000

Trade Payables

48.692.000

54.549.000

51.518.000

Bank Liabilities - - -

 

 

 

Group Payables

267.621.000

384.094.000

287.447.000

Miscellaneous Liabilities

48.508.000

53.275.000

47.733.000

TOTAL CURRENT LIABILITIES

364.821.000

491.918.000

386.698.000

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

28.600.000

28.872.000

28.582.000

TOTAL LONG TERM LIABILITIES

28.600.000

28.872.000

28.582.000

TOTAL LIABILITIES

393.421.000

520.790.000

415.280.000

Called Up Share Capital

1.000.000

1.000.000

1.000.000

Share Premium - - -

 

 

 

Revenue Reserves

91.543.000

-6.022.000

113.563.000

Other Reserves

260.000

100.260.000

-111.087.000

TOTAL SHAREHOLDERS EQUITY

92.803.000

95.238.000

3.476.000

Other Financials

 

 

 

Financial Year

06/2016

06/2015

06/2014

Contingent Liabilities

7.410.000

4.361.000

3.334.000

Working Capital

26.333.000

29.110.000

-61.583.000

Net Worth

67.854.000

66.709.000

-28.632.000

Ratios

 

 

 

Financial Year

06/2016

06/2015

06/2014

Pre-Tax Profit Margin (%)

17.19 %

21.52 %

15.77 %

Return On Capital Employed (%)

20.62 %

20.67 %

17.63 %

Return On Total Assets Employed (%)

36.08 %

37.18 %

33.91 %

Return On Net Assets Employed (%)

189.06 %

240.50 %

4085.27 %

Sales/Net Working Capital

38.76

36.57

-14.63

Stock Turnover Ratio (%)

6.83 %

7.45 %

8.85 %

Debtor Days

5.49

12.01

8.26

Creditor Days

17.41

18.70

20.88

Current Ratio

1.07

1.06

0.84

Liquidity Ratio/Acid Test

0.88

0.90

0.63

Current Debt Ratio

3.93

5.17

111.25

Gearing (%) - - -

 

 

 

Equity In Percentage (%)

20.27 %

16.30 %

0.90 %

Total Debt Ratio

4.24

5.47

119.47

 

 

Additional Financials Items

 

Year End Date

2016

2015

2014

Audited Accounts

Yes

Yes

Yes

Auditor Comments

 

 

 

 

 

Share Capital Structure

 

Issued Share Capital

1.000.000 SEK

 

 

Shareholders

No shareholders data for this company.

 

 

Current Directors

 

Name

Appointment Date

Position

Claes Mikael Helmerson

21/05/2013

Actual Member of Board

Jan Magnus Petersson

16/06/2017

Actual Member of Board

Per Erik Mattsson

12/12/2011

Actual Member of Board

 

 

Previous Directors

 

Name

Appointment Date

Position

Resignation Date

Mats Ake Lennart Friberg

02/07/2012

Actual Member of Board

16/06/2017

Stig Thomas Orvar Magnusson

10/10/2012

Actual Member of Board

21/05/2013

 

 

Group Structure

 

Company Name

Number

Status

Latest Annual Accounts

0 Mellby Gard Holding AB

5565630323

 

30/06/2016

1 Mellby Gard Intressenter AB

5563140747

 

30/06/2016

2 Eriksberg Vilt & Natur AB

5567241459

 

30/06/2016

[2] Mellby Gard Air AB

5565439386

 

30/06/2016

[2] Eribo AB

5564521523

 

30/06/2016

[2] Mellby Gard Jordbruks AB

5564521572

 

30/06/2016

[2] Ormo Skogar Aktiebolag

5561682203

 

30/06/2016

[3] Gusand AB

5565700472

 

30/06/2016

[2] Falkstenen AB

5567431209

 

30/06/2016

[2] Mellby Gard AB

5562806330

 

30/06/2016

[3] Mellby Gard Produktions AB

5567320022

 

30/06/2016

[3] Fastighets Aktiebolaget Milano

5561195271

 

30/06/2016

[3] Gusgus AB

5566266424

 

30/06/2016

[3] Mellby Gard Investerings AB

5564085008

 

30/06/2016

[3] Mellby Gard Innovation och Tillvaxt AB

5560596974

 

30/06/2016

[4] Klarahill AB

5569811747

 

30/06/2016

[5] Klarahill Kluster 3 AB

5590519897

 

30/06/2016

[5] Klarahill Kluster 4 AB

5590519889

 

30/06/2016

[5] Klarahill Kluster 2 AB

5590519814

 

30/06/2016

[5] Klarahill Kluster 1 AB

5590122197

 

30/06/2016

6 Jonkopings Begravningsbyra AB

5567353015

 

30/06/2016

[7] RO Forvaltning Fastighets AB

5568341365

 

30/06/2016

[7] Rundqvist Begravningsbyra AB

5568341332

 

30/06/2016

6 Casells Begravningsbyra i Nassjo AB

5561133884

 

30/06/2016

6 Hultsfreds Begravningsbyra Aktiebolag

5566273925

 

30/06/2016

6 Fredrik Josefssons Begravningsbyra AB

5590463435

 

30/06/2016

4 Chevalier Holding AB

5562517622

 

30/06/2016

[5] Chevalier Sweden AB

5567266811

 

30/06/2016

[4] Nikkarit Holding AB

5561126169

 

30/06/2016

[5] Nikkarit AB

5566980636

 

30/06/2016

4 Gusgus Forvaltnings AB

5567261119

 

30/06/2016

5 Hedson Technologies International AB

5564509874

 

30/06/2016

6 Teknik System i Vanersborg AB

5566019583

 

30/06/2016

6 Hedson Technologies AB

5561658708

 

30/06/2016

[7] Hedson Technologies Holding AG

HRB 14486

 

31/12/2012

[7] IRT Finland Oy Ab

06860300

 

 

[7] Torksystem Vanersborg AB

5561103564

 

30/06/2016

[7] Drester AB

5561149278

 

30/06/2016

[3] Smart Eyes International AB

5567278790

 

30/06/2016

4 Smey Danmark A/S -

 

 

 

4 Optik Smart Eyes AB

5567028492

 

30/06/2016

[3] Mellby Gard Industri AB

5565514576

 

30/06/2016

4 Roxtec Holding II AB

5565361838

 

30/06/2016

4 Roxtec Holding AB

5567266852

 

30/06/2016

[5] Roxtec AB

5566213301

 

30/06/2016

6 Roxtec Bvba

454598517

 

30/06/2017

6 Roxtec B.V.

08062213

 

31/12/2016

6 Stenhogen pa Verko AB

5566881495

 

30/06/2016

6 Sleev-It Fire Systems Limited

03115149

 

30/06/2013

6 Roxtec Services AB

5566300959

 

30/06/2016

6 Roxtec Sistemas Pasamuros Sl -

 

 

 

6 Roxtec Singapore Pte Ltd -

 

 

 

6 Roxtec Middle East Fze -

 

 

 

6 Roxtec Ltd.

05267114

 

30/06/2017

6 Roxtec Latin America -

 

 

 

6 Roxtec Korea Ltd -

 

 

 

6 Roxtec Japan K.K.

010401067370

 

01/06/2014

6 Roxtec Italia S.R.L.

13304150157

 

30/06/2016

6 Roxtec International Aktiebolag

5563708063

 

30/06/2016

6 Roxtec India Pvt -

 

 

 

6 Roxtec Inc

US16302292

 

 

6 ROXTEC GmbH

HRB 44820

 

30/06/2016

6 Roxtec France Sas -

 

 

 

6 Roxtec Finland Oy

16157758

 

30/06/2015

6 Roxtec Doo -

 

 

 

6 Roxtec Denmark Aps -

 

 

 

6 Roxtec De Mexico Ss De Cv -

 

 

 

6 Roxtec Australia Pty Limited -

 

 

 

6 Roxtec Sealing System Co Ltd -

 

 

 

6 Roxtec Fastigheter AB

5566924907

 

30/06/2016

6 Roxtec Ru -

 

 

 

6 Roxtec As -

 

 

 

6 Gk Marine Gmbh Hrb -

 

 

 

4 Feralco Holding II AB

5566438403

 

30/06/2016

5 Feralco AB

5565835625

 

30/06/2016

6 Feralco Nederland B.V.

21010824

 

30/06/2016

6 Feralco Italia S.R.L. Unipersonale

01469150492

 

30/06/2017

6 Feralco Environnement

353782329

 

30/06/2015

6 Feralco AG in Liq

109411

 

 

6 Feralco Deutschland GmbH

HRB 30829

 

30/06/2016

6 Feralco (Uk) Limited

04052278

 

30/06/2016

6 Feralco Nordic AB

5563877629

 

30/06/2016

4 Cale Holding AB

5566614722

 

30/06/2016

5 Cale Group AB

5565131595

 

30/06/2016

6 Cale Malaysia -

 

 

 

6 Cale Parking Inerica -

 

 

 

6 Cale Italy -

 

 

 

6 Cale As -

 

 

 

6 Cale Danmark A/S -

 

 

 

6 Briparc Holdings Limited

02851283

 

30/06/2016

6 Cale Access AB

5565548293

 

30/06/2016

7 Cale Sundsvall AB

5567340616

 

30/06/2016

7 Cale Netherlands B.V.

56303459

 

30/06/2016

6 Cale America Inc.

US58834699

 

 

6 Cale Deutschland -

 

 

 

6 Cale Sas

513079202

 

30/06/2016

6 Cale Systems Inc -

 

 

 

4 Flash Holding II AB

5567733398

 

30/06/2016

5 Flash Holding Aktiebolag

5565032876

 

30/06/2016

6 Lund Fashion AB

5564459849

 

30/06/2016

7 Fastighetsaktiebolaget York

5561492587

 

30/06/2016

4 Mellby Gard Forvaltnings AB

5565439378

 

30/06/2016

[5] Mellby Gard Handels AB

5561226126

 

30/06/2016

[5] Smart Eyes Holding AB

5565567020

 

30/06/2016

[3] Mellby Real Estate Holding B.V.

08050418

 

30/06/2017

[3] Soderberg & Haak Maskin Aktiebolag

5560384652

 

30/06/2016

4 Soderberg & Haak Staffanstorp AB

5566104336

 

30/06/2016

4 Soderberg & Haak Stockholm AB

5590476536

 

 

4 Soderberg & Haak TC AB

5561181693

 

30/06/2016

4 Soderberg & Haak Vast AB

5568087687

 

30/06/2016

4 Soderberg & Haak Syd AB

5590264288

 

30/06/2016

4 Soderberg & Haak Hoglandet och Ostergotland AB

5568213093

 

30/06/2016

4 Soderberg & Haak Ost AB

5562027119

 

31/12/2015

4 Bjornhammars Industrier Aktiebolag

5560062415

 

30/06/2016

4 Soderberg & Haak Rinkaby AB

5566616354

 

30/06/2016

[2] Rockstream Capital AB

5567804975

 

30/06/2016

[2] Varietas Capital AB

5567674345

 

30/06/2016

 

 

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 64.43

UK Pound

1

INR 86.80

Euro

1

INR 76.49

SEK

1

INR 7.88

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

VIV

 

 

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)

 

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.