SkyMinder.com Financial and Credit Report
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Graydon UK

Eurogate Report
Supplied on 13 June 2007
Identification Details
Subject Reported on Volvo Lastvagnar AB
Order Number 6556013970
Registration Number 5560139700
VAT Number SE 556013970001
Address , 40508 Göteborg
Telephone Number +46-31-66 60 00

Creditline Recommendations

Amount Advised SEK   10,000,000
Current Rating 5 4 3 2 1
Rating Explanation
The Swedish rating system ranges from 1, indicating a high risk to 5, the lowest risk. A rating of 8 indicates an unclassified risk (risk unknown), used on brand new companies as an example. The amount advised is a recommended maximum credit exposure at any one time.

Summary Details

Quick Ratio Percentage 108.78 %
Issued Capital SEK 376,722,000
Net Sales SEK 47,902,000,000
Sales SEK 47,902,000,000
Net Income SEK 3,944,000,000
Total Equity SEK 4,406,000,000
Total Fixed Assets SEK 6,130,000,000
Stocks SEK 1,442,000,000
Summary Year 31/12/2005
Official Company Details
Legal Form Private Limited Liability Company
Latest Accounts Date 31/12/2005
Incorporation Date 15/01/1917
Registered Office Göteborg municipality in Västra Götalands county 
Subject Status Trading
History
01/1917:  Comp reg under the current reg no and name: AB Kol och Koks
 
03/1968:  Changed name to: Beijerinvest AB
 
11/1982:  Changed name to: AB Centro-Morgårdshammar
 
12/1982:  Changed name to: AB Fortos
 
07/1983:  Company reg under the current name
 
04/1993:  Company registered to pay business tax
 
-------:  Company was registered to pay VAT
 
-------:  Company was registered to pay employer contributions
 
05/2004:  Taken over Volvo Lastvagnar Sverige AB through merger
 
05/2004:  Taken over Volvo Lv Fordonspark AB through merger
 
05/2004:  Taken over Volvo Truck International AB through merger
 
05/2004:  Taken over Volvo Bussar Sverige AB through merger
 
11/2004:  Staffan Jufors new Managing Director
 
05/2006:  Articles of Association adopted
 
Share Capital Structure
Issued Capital SEK 376,722,000
Shareholder AB Volvo
Known Directors/Partners
MD and Regular member Staffan Jufors. 
Regular member Lennart Christer Ivan Jeansson. 
Regular member Jorma Antero Halonen. 
Regular member Per Löjdqvist. 
Regular member Leif Valdemar Johansson. 
Regular member Pär Östberg. 
Regular member Eva Christina Malin Persson. 
Reg. memb. and empl. repr. Olle Göran Ludvigsson. 
Reg. memb. and empl. repr. Mats Henning. 
Dep. memb. and empl. repr. Bo Villiam Frank. 
Dep. memb. and empl. repr. Tommy Olsson. 
Audit firm Pricewaterhousecoopers AB. 
Protest and Non-Payments
Non-payments and protest Payment default information has been recorded.
Amount 1 500
Date Recorded 01/09/2006
Amount 2 8,838
Date Recorded 01/10/2004
Amount 3 16,132
Date Recorded 01/05/2004
Amount 4 14,605
Date Recorded 01/04/2004
Amount 5 3,652
Date Recorded 01/03/2004
Amount 6 3,903
Date Recorded 01/12/2003
Amount 7 1,301
Date Recorded 01/11/2003
Amount 8 659
Date Recorded 01/10/2003
Amount 9 673
Date Recorded 01/10/2003
Amount 10 684
Date Recorded 01/10/2003
Amount 11 699
Date Recorded 01/10/2003
Amount 12 702
Date Recorded 01/05/2007
Amount 13 6,730
Date Recorded 01/05/2007
Amount 14 6,380
Date Recorded 01/03/2007
Amount 15 84,016
Date Recorded 01/12/2006
Amount 16 1,510,478
Date Recorded 01/12/2006
Amount 17 23,340
Date Recorded 01/11/2006
Amount 18 1,837
Date Recorded 01/07/2006
Amount 19 7,076
Date Recorded 01/05/2006
Amount 20 17,681
Date Recorded 01/05/2006
Amount 21 14,484
Date Recorded 01/05/2006
Amount 22 15,805
Date Recorded 01/04/2006
Amount 23 4,481
Date Recorded 01/04/2005
Amount 24 1,550
Date Recorded 01/01/2005
Operations Details
Activities Manufacture of motor vehicles
Staff Employed 6,757
SNI Code 34100 
Premises Suitable premises are occupied for usual activities
Subsidiaries Volvo Trucks(Schweiz)Ag
Subsidiaries Volvo Finland AB
Subsidiaries Volvo India Private Limited
Subsidiaries Volvo Truck Latvia Llc
Subsidiaries Volvo Truck Czech Sro
Subsidiaries Volvo Truck Korea Ltd
Subsidiaries Volvo Commercial Vechicles Australia Pty Limited
Subsidiaries Volvo Truck Slovak
Subsidiaries Volvo Peru SA
Subsidiaries Volvo Truck Center Sweden AB
Subsidiaries Vtc Holding Holland NV
Subsidiaries Volvo Trucks Canada Inc
Parent Company AB Volvo
National1 5560125790
General Information
Company owns property Rambergsstaden 17:55 at Göteborg for the value of 300959 TSEK in the year 2006
 
Company owns property Tuve 93:2 at Göteborg for the value of 257777 TSEK in the year 2006
 
Note: Note that the company took over Volvo Lastvagnar Sverige AB through merger in 04-05.
 
No debt registered with the Swedish Enforcement Authority as at 2007-06-08.
 
Financial Data
Profit and Loss
The following figures are shown in units of 1
Accounts Date 31/12/2005 31/12/2004 31/12/2003
Currency SEK SEK SEK
SALES 47902000000 46947000000 39099000000
Cost of Goods Sold 39792000000 39340000000 34451000000
GROSS PROFIT 8110000000 7607000000 4648000000
OPERATING PROFIT 4993000000 4523000000 1253000000
Non Trading Income 170000000 1730000000 617000000
Interest Payable 14000000 10000000 52000000
Results of Ordinary Operations 5130000000 6203000000 1764000000
PRE TAX PROFIT 5101000000 6421000000 1685000000
Taxation (1157000000) (1335000000) (613000000)
PROFIT AFTER TAX 3944000000 5086000000 1072000000
Balance Sheet
The following figures are shown in units of 1
Accounts Date 31/12/2005 31/12/2004 31/12/2003
Currency SEK SEK SEK
FIXED ASSETS 6130000000 6113000000 6867000000
INTANGIBLE ASSETS 24000000 31000000  
TANGIBLE ASSETS 3110000000 3015000000 2959000000
FINANCIAL ASSETS 2996000000 3067000000 3908000000
TOTAL CURRENT ASSETS 14757000000 14737000000 7752000000
Stocks 1442000000 1294000000 1104000000
Trade debtors 5091000000 5782000000 4385000000
Cash 8224000000 7661000000 2263000000
TOTAL ASSETS 20887000000 20850000000 14619000000
TOTAL CURRENT LIABILITIES 12240000000 11871000000 7683000000
Trade Creditors 3233000000 3849000000 2742000000
Due To Group 7420000000 6691000000 3856000000
Other Short Term Liabilities 1587000000 1331000000 1085000000
WORKING CAPITAL 2517000000 2866000000 69000000
TOTAL LON TERM LIABS 468000000 409000000 117000000
Bank Loans 384000000 300000000 1000000
Due To Group 384000000 300000000 1000000
Other Liabilities 2604000000 3541000000 3537000000
TOTAL LIABILITIES 12708000000 12280000000 7800000000
SHARE CAPITAL + SUNDRY RESERVES 1837000000 1808000000 2023000000
SUNDRY RESERVES 3944000000 5086000000 1072000000
PROFIT AND LOSS ACCOUNT 3334000000 (1756000000) 303000000
SHAREHOLDERS FUNDS 4406000000 3914000000 1959000000
Key Credit Ratios
The following figures are shown as Ratios or Percentages
Accounts Date 31/12/2005 31/12/2004 31/12/2003
RETURN ON TOTAL ASSETS% 24.7 30 12.8
DEBT/EQUITY RATIO 3 3.4 3.9
CURRENT RATIO% 120.6 124.1 100.9
QUICK RATIO% 108.8 113.2 86.5
CREDITORS DAYS 10 10 11
SALES PER EMPLOYEE 7746000 7404000 6328000
RETURN ON EQUITY% 97.1 130 59.5
RISK MARGIN% 24.5 29.7 11.9
WORKING CAPITAL/SALES% 4.8 5.8 0.2
STOCK/TURNOVER% 2.8 2.6 2.7
EQUITY/ASSETS% 25.3 22.9 20.3
INTEREST COVERAGE% 156.5 125.1 17.6
SOLVENCY MARGIN% 27.1 24.6 23.2
Financial Notes
Note: The company is not obliged to prepare consolidated accounts since it is a parent company that is included in another company's consolidated accounts.
 

*** End of Report on  Volvo Lastvagnar AB ***

Copyright 2007, Graydon UK Ltd.
© 2011 CRIF Corporation. All Rights Reserved.

Information may vary depending on the country searched and the company type.
Information in this report is for sample purposes only. Individual items included only when available.