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MIRA INFORM REPORT
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Report No. : |
511141 |
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Report Date : |
28.05.2018 |
IDENTIFICATION DETAILS
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Name : |
LISA CASSELS MODEHUS AKTIEBOLAG |
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Registered Office : |
Faktorsvägen 7, 434 37 Kungsbacka, Halland |
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Country : |
Sweden |
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Financials (as on) : |
JUNE, 2017 |
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Date of Incorporation : |
29.01.1973 |
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Com. Reg. No.: |
5561756452 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Not Available [We tried to confirm obtain the detailed activity but the same is not available from any sources] |
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No. of Employees : |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Good |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Sweden |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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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.
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Source
: CIA |
Company name and Summary
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Business Name |
Lisa Cassels Modehus
Aktiebolag |
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Country |
SWEDEN |
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Company Registration
Number |
5561756452 |
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Activity Code |
- |
|
Activity Description |
- |
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Company Status |
Active (Active) |
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Latest Turnover Figure |
- |
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Latest Shareholder
Equity Figure |
62,457,000 SEK |
Basic Information
|
|
|
Business Name |
Lisa Cassels Modehus
Aktiebolag |
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Registered Company Name |
Lisa Cassels Modehus
Aktiebolag |
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Company Registration
Number |
5561756452 |
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Country |
SWEDEN |
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Date of Company
Registration |
29/01/1973 |
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Legal Form |
Limited
liability company |
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Company Status |
Active (Active) |
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Currency of this Report |
SEK |
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Principal Activity Code |
- |
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Principal Activity
Description |
- |
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Contact Address |
Faktorsvägen 7, 434 37
KUNGSBACKA, HALLAND |
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Contact Telephone Number |
0300-70125 |
Main Address
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Address |
Faktorsvägen 7, 434 37
KUNGSBACKA, HALLAND |
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Country |
SWEDEN |
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Telephone |
0300-70125 |
Email Addresses
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No email addresses for
this company |
Employee Information
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Year |
Number of Employees |
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2017 |
0 |
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2016 |
0 |
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2015 |
0 |
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2014 |
16 |
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2013 |
29 |
Advisors
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Auditor Name Öhrlings PricewaterhouseCoopers AB |
Tax Registrations
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|
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Registered for FTax |
No |
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Registered for VAT |
No |
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Registered for Employee
Tax |
No |
Certificates
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|
No certificate
information for this company |
Industry Comparison
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Activity Code |
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Activity Description |
Industry unknown |
Event History
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Event Date |
Event Description |
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04/12/2017 |
Group Structure Change |
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01/12/2017 |
Group annual accout, new |
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01/12/2017 |
Annual account, new |
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01/12/2017 |
Limit, increase |
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28/11/2017 |
Annual report (PDF), new |
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17/02/2017 |
Merge information,
changed |
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14/11/2016 |
Group Structure Change |
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11/11/2016 |
Annual account, new |
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11/11/2016 |
Limit, decrease |
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11/11/2016 |
Group annual accout, new |
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10/11/2016 |
Group Structure Change |
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07/11/2016 |
Annual report (PDF), new |
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11/02/2016 |
Group Structure Change |
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08/02/2016 |
Limit, decrease |
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08/02/2016 |
Annual account, new |
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08/02/2016 |
Group annual accout, new |
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02/02/2016 |
Annual report (PDF), new |
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11/08/2015 |
Employment tax, changed |
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11/08/2015 |
VAT, changed |
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11/08/2015 |
Company tax, changed |
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25/03/2015 |
Group Structure Change |
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19/02/2015 |
Group Structure Change |
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16/02/2015 |
Group annual accout, new |
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16/02/2015 |
Annual account, new |
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16/02/2015 |
Limit, decrease |
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09/02/2015 |
Annual report (PDF), new |
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25/11/2014 |
Phone number, new |
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12/11/2014 |
Fax number, removed |
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12/11/2014 |
Phone number, removed |
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23/09/2014 |
Company representatives,
changed |
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23/09/2014 |
Company business
activity, changed |
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15/01/2014 |
Annual account, new |
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08/01/2014 |
Annual report (PDF), new |
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28/11/2013 |
Authorised signatories
amended or new/amended vacancy text |
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28/11/2013 |
Share capital, new issue |
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28/11/2013 |
Company representatives,
changed |
Status History
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Date 16/02/2017 |
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Event Description Merger cessation |
Profit and Loss
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|||
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Financial Year |
06/2017 |
06/2016 |
06/2015 |
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Number of Weeks |
52 |
52 |
52 |
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Currency |
SEK |
SEK |
SEK |
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Consolidated Accounts |
No |
No |
No |
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Revenue |
115,000 |
- |
223,000 |
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Operating Costs |
52,000 |
314,000 |
58,000 |
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Operating Profit |
63,000 |
-314,000 |
165,000 |
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Wages & Salaries |
- |
- |
- |
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Depreciation |
- |
- |
- |
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Financial Income |
258,000 |
72,000 |
277,000 |
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Financial Expenses |
102,000 |
63,000 |
81,000 |
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Extraordinary Income |
- |
- |
- |
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Extraordinary Costs |
- |
- |
- |
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Profit before Tax |
120,000 |
94,000 |
360,000 |
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Tax |
167,000 |
59,000 |
260,000 |
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Profit after Tax |
-47,000 |
35,000 |
100,000 |
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Minority Interests |
- |
- |
- |
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Other Appropriations |
537,000 |
451,000 |
785,000 |
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Retained Profit |
490,000 |
487,000 |
886,000 |
Balance Sheet
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Financial Year |
06/2017 |
06/2016 |
06/2015 |
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Number of Weeks |
52 |
52 |
52 |
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Currency |
SEK |
SEK |
SEK |
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Consolidated Accounts |
No |
No |
No |
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Land & Buildings |
- |
- |
- |
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Plant & Machinery |
- |
- |
- |
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Other Tangible Assets |
- |
- |
- |
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Total Tangible Assets |
- |
- |
- |
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Goodwill |
- |
- |
- |
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Other Intangible Assets |
- |
- |
- |
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Total Intangible Assets |
- |
- |
- |
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Loans To Group |
30,000,000 |
30,000,000 |
30,000,000 |
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Other Loans |
- |
- |
- |
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Miscellaneous Fixed
Assets |
5,219,000 |
19,510,000 |
20,909,000 |
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Total Other Fixed Assets |
35,219,000 |
49,510,000 |
50,909,000 |
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TOTAL FIXED ASSETS |
35,219,000 |
49,510,000 |
50,909,000 |
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Work In Progress |
- |
- |
- |
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Other Inventories |
- |
- |
- |
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Total Inventories |
- |
- |
- |
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Trade Receivables |
- |
- |
- |
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Group Receivables |
31,591,000 |
29,882,000 |
37,949,000 |
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Miscellaneous
Receivables |
688,000 |
757,000 |
802,000 |
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Total Receivables |
32,279,000 |
30,639,000 |
38,751,000 |
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Cash |
4,025,000 |
812,000 |
77,000 |
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Other Current Assets |
- |
- |
- |
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TOTAL CURRENT ASSETS |
36,304,000 |
31,451,000 |
38,828,000 |
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TOTAL ASSETS |
71,523,000 |
80,960,000 |
89,738,000 |
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Trade Payables |
- |
- |
- |
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Bank Liabilities |
- |
- |
- |
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Group Payables |
- |
1,414,000 |
- |
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Miscellaneous
Liabilities |
2,628,000 |
1,984,000 |
2,211,000 |
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TOTAL CURRENT
LIABILITIES |
2,628,000 |
3,398,000 |
2,211,000 |
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Bank Liabilities Due
After 1 Year |
- |
- |
- |
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Other
Loans Or Finance Due After 1 Year |
- |
- |
- |
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Group Payables Due After
1 Year |
- |
- |
- |
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Miscellaneous
Liabilities Due After 1 Year |
6,438,000 |
6,975,000 |
7,427,000 |
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TOTAL LONG TERM
LIABILITIES |
6,438,000 |
6,975,000 |
7,427,000 |
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TOTAL LIABILITIES |
9,066,000 |
10,373,000 |
9,638,000 |
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Called Up Share Capital |
2,560,000 |
2,560,000 |
2,560,000 |
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Share Premium |
18,641,000 |
18,641,000 |
18,641,000 |
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Revenue Reserves |
40,856,000 |
48,986,000 |
58,499,000 |
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Other Reserves |
400,000 |
400,000 |
400,000 |
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TOTAL SHAREHOLDERS
EQUITY |
62,457,000 |
70,587,000 |
80,100,000 |
Other Financials
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Financial Year |
06/2017 |
06/2016 |
06/2015 |
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Contingent Liabilities |
- |
- |
20,000,000 |
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Working Capital |
33,676,000 |
28,053,000 |
36,617,000 |
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Net Worth |
62,457,000 |
70,587,000 |
80,100,000 |
Ratios
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Financial Year |
06/2017 |
06/2016 |
06/2015 |
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Pre-Tax Profit Margin
(%) |
104.35 % |
- |
161.43 % |
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Return On Capital
Employed (%) |
0.16 % |
0.11 % |
0.39 % |
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Return On Total Assets
Employed (%) |
0.17 % |
0.12 % |
0.40 % |
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Return On Net Assets Employed
(%) |
0.19 % |
0.13 % |
0.45 % |
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Sales/Net Working
Capital |
- |
- |
0.01 |
|
Stock Turnover Ratio (%) |
- |
- |
- |
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Debtor Days |
- |
- |
- |
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Creditor Days |
- |
- |
- |
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Current Ratio |
13.81 |
9.26 |
17.56 |
|
Liquidity Ratio/Acid
Test |
13.81 |
9.26 |
17.56 |
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Current Debt Ratio |
0.04 |
0.05 |
0.03 |
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Gearing (%) |
5.28 % |
4.68 % |
4.12 % |
|
Equity In Percentage (%) |
172.04 % |
224.43 % |
206.29 % |
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Total Debt Ratio |
0.15 |
0.15 |
0.12 |
Additional Financials Items
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|||
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Year End Date |
2017 |
2016 |
2015 |
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Audited Accounts |
Yes |
Yes |
Yes |
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Auditor Comments |
- |
- |
- |
Share Capital Structure
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|
Issued Share Capital 2,559,800 SEK |
Shareholders
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No shareholders data for
this company. |
Current Directors
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Name |
Appointment Date |
Position |
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Gustav Mogens Janowsky |
31/10/2003 |
Chairman of Board |
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Anna May Elisabeth
Rosell |
31/10/2003 |
Actual Member of Board |
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Ellen Anna Elisabeth
Janowsky |
29/01/1973 |
Actual Member of Board |
|
Jonas Magnus Simon
Janowsky |
27/11/2013 |
Actual Member of Board |
|
Mikael Magnus Peter
Janowsky |
27/11/2013 |
Actual Member of Board |
Group Structure
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Company Name |
Number |
Latest Annual Accounts |
|
|
0 Lisa
Cassels Modehus Aktiebolag |
5561756452 |
30/06/2017 |
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|
1 Lisa
Cassels i Nordstan AB |
5565125670 |
30/06/2017 |
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Negative Information
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Debt Balance |
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No Debt Balance for this
company. Record of Non Payment |
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Number Of Distraint Or
Repossessions |
0 |
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Number Of Public Claims |
0 |
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Number Of Private Claims |
0 |
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Number Of Applications |
0 |
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Debt Balance |
|
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Number Of Revoked
Applications Latest Public Claim |
0 |
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No Latest Public Claim
for this company. Latest Private Claim |
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Date |
|
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Amount |
2562 (SEK) |
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Currency |
SEK |
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Creditor |
Bestseller Sverige
Aktiebolag |
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Comments |
Decision |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 68.26 |
|
|
1 |
INR 91.21 |
|
Euro |
1 |
INR 79.88 |
|
SEK |
1 |
INR 7.67 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
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Report Prepared
by : |
DNS |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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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 |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.