Sura Magnets AB
Ringvägen 40 C, 61431, Söderköping- Reg.no
- 556309-8796
- D&B D-U-N-S no.
- 35-585-8655
- Tel.
- 072 9997259
- Annual report
- 2018-12
Highest credit worthiness Limit: 3807 kSEK
Part judgements
- History / Operation
- Well-established
- Shareholder / Management
- Satisfactory
- Finance
- Good
- Ability to pay
- Very good
Rating history
| Date | Rating | Limit | Annual report |
|---|---|---|---|
| 2019-05-28 | AAA | 4 % of operating income | 2018-12 |
| 2018-06-05 | AAA | 3 % of operating income | 2017-12 |
| 2017-03-28 | AAA | 3 % of operating income | 2016-12 |
| 2016-02-26 | AA | 2 % of operating income | 2015-12 |
| 2015-04-10 | AA | 2 % of operating income | 2014-12 |
| 2014-07-31 | B | 2013-12 | |
| 2013-08-03 | A | 1 % of operating income | 2012-12 |
| 2013-01-05 | A | 1 % of operating income | 2011-12 |
| 2012-12-24 | C | 2011-12 | |
| 2012-07-14 | A | 1 % of operating income | 2011-12 |
| 2012-07-06 | A | 1 % of operating income | 2010-08 |
| 2012-06-02 | C | 2010-08 | |
| 2012-03-25 | A | 1 % of operating income | 2010-08 |
| 2012-03-03 | C | 2010-08 | |
| 2011-04-18 | A | 1 % of operating income | 2010-08 |
| 2009-11-24 | A | 1 % of operating income | 2009-08 |
| 2009-10-16 | AA | 2 % of operating income | 2008-08 |
| 2008-11-19 | A | 2 % of operating income | 2008-08 |
| 2008-01-04 | AA | 3 % of operating income | 2007-08 |
| 2007-04-17 | AA | 4 % of operating income | 2006-08 |
| 2006-03-30 | A | 3 % of operating income | 2005-08 |
| 2005-03-21 | AAA | 4 % of operating income | 2004-08 |
| 2003-12-04 | AA | 3 % of operating income | 2003-08 |
| 2003-10-04 | AA | 3 % of operating income | 2002-08 |
| 2003-05-08 | AAA | 3 % of operating income | 2002-08 |
| 2002-09-24 | AA | 2 % of operating income | 2001-08 |
| 2002-02-27 | C | 2001-08 | |
| 2001-05-22 | A | 1 % of operating income | 2000-08 |
| 2000-04-06 | A | 1 % of operating income | 1999-08 |
| 1999-03-03 | AA | 1 % of operating income | 1998-08 |
| 1998-05-07 | C | 1997-08 | |
| 1997-10-11 | B | 1996-08 | |
| 1997-04-17 | A | 1 % of operating income | 1996-08 |
| 1996-05-21 | A | 2 % of operating income | 1995-12 |
| 1995-09-22 | A | 3 % of operating income | 1994-12 |
| 1994-09-03 | B | 1993-12 | |
| 1994-07-02 | B | 1993-12 | |
| 1994-02-24 | C | 1992-12 | |
| 1992-07-01 | B | 1991-12 | |
| 1992-01-02 | B | 1990-12 | |
| 1991-01-03 | B | 1989-12 | |
| 1990-01-05 | A | 1 % of operating income | 1988-12 |
| 1989-01-20 | NYTT | - |
History / Operation
- Legal form
- Limited company
- Date of registration
- 1987-10-30
- Current name registered
- 1988-08-11
- Previous name
- AB Grundstenen 40400
- Corporate domicile
- Söderköpings kommun
- Registered share capital
- 602,000 SEK
- Registered as employer
- Yes
- Actively reporting VAT
- Yes
- Registered for MVA
- Yes
- NACE code
- 2344 Manufacture of other technical ceramic products
Board member information
| Name | Function | Entered |
|---|---|---|
| Andersson, Tommy | Member managing dir. | 2016-02-25 |
| Wernhoff, Thomas | Member chairman | 2016-02-25 |
| Torgilsman, Bertil Holger | Member | 2016-02-25 |
| Almesåker, Gunnar Arne | Member | 2016-02-25 |
| Bouveng, Per | Member | 2017-07-10 |
| Gustafsson, Jens | Member | 2017-07-10 |
| Gambe, Pernilla | Member | 2019-03-13 |
| Westman, Elin | Deputy | 2017-07-10 |
| Lyngenberg, Kristian | Auditor | 2008-10-10 |
| Söderlund, Robert | Deputy auditor | 2005-04-28 |
Income statement
| Income statement amount in kSEK | 2018-12 | 2017-12 | 2016-12 | 2015-12 | 2014-12 |
|---|---|---|---|---|---|
| Net sales | 92,175 | 84,681 | 79,083 | 79,532 | 71,360 |
| Change in inventories | 1,858 | -327 | 410 | 407 | 446 |
| Work performed for own use | 0 | 0 | 0 | 0 | 0 |
| Other operating income | 1,148 | 1,071 | 743 | 697 | 1,124 |
| Total renewal | 95,181 | 85,425 | 80,236 | 80,636 | 72,930 |
| Cost of goods | |||||
| Raw materials and consumables | 26,017 | 22,824 | 20,353 | 22,948 | 20,246 |
| Goods for resale | 17,640 | 13,813 | 14,417 | 13,670 | 10,266 |
| Other external costs | 14,847 | 14,694 | 14,461 | 13,997 | 14,526 |
| Personnel costs | 25,014 | 22,912 | 22,127 | 20,679 | 18,351 |
| Items affecting comparability | 0 | 0 | 0 | 0 | 0 |
| Other operating expenses | 1,224 | 871 | 1,194 | 1,379 | 1,056 |
| Total operating expenses | 87,316 | 77,425 | 74,764 | 74,814 | 66,598 |
| Depreciation | 2,574 | 2,311 | 2,212 | 2,141 | 2,153 |
| Result after depreciation | 7,866 | 7,998 | 5,472 | 5,824 | 6,331 |
| Result from participation in group companies and associated | 0 | 0 | 0 | 0 | 0 |
| Interest income from group companies | 0 | 0 | 0 | 0 | 0 |
| External interest income | 1 | 0 | 17 | 84 | 96 |
| Other financial income | 92 | 0 | 0 | 0 | 0 |
| Total financial income | 93 | 0 | 17 | 84 | 96 |
| Interest expense from group companies | 0 | 0 | 0 | 0 | 0 |
| External interest expenses | 432 | 490 | 725 | 1,113 | 1,626 |
| Total interest expenses | 432 | 490 | 725 | 1,113 | 1,626 |
| Other financial expenses | 0 | 0 | 0 | 0 | 0 |
| Total financial costs | 432 | 490 | 725 | 1,113 | 1,626 |
| Financial items affecting comparability | 0 | 0 | 0 | 0 | 0 |
| Result after financial items | 7,528 | 7,508 | 4,764 | 4,794 | 4,802 |
| Extraordinary income | 0 | 0 | 0 | 0 | 0 |
| Extraordinary expenses | 0 | 0 | 0 | 0 | 0 |
| Total extraordinary items | 0 | 0 | 0 | 0 | 0 |
| Result before allocations | 7,528 | 7,508 | 4,764 | 4,794 | 4,802 |
| Group contribution | 0 | 0 | 0 | 0 | 0 |
| Shareholders contribution | 0 | 0 | 0 | 0 | 0 |
| Allocations | -1,125 | -2,845 | -2,424 | -1,826 | -3,668 |
| Result before taxt | 6,403 | 4,663 | 2,340 | 2,968 | 1,134 |
| Tax | 1,464 | 1,064 | 534 | 663 | 264 |
| Minority shareholding | 0 | 0 | 0 | 0 | 0 |
| Net P/L for the year | 4,939 | 3,599 | 1,806 | 2,305 | 870 |
Balance sheet
| Balance sheet Amounts in kSEK | 2018-12 | 2017-12 | 2016-12 | 2015-12 | 2014-12 |
|---|---|---|---|---|---|
| Subscribed capital unpaid | 0 | 0 | 0 | 0 | 0 |
| Capitalized expenditure for research & development | 0 | 0 | 0 | 0 | 12 |
| Patents, licenses | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Other intangible assets | 0 | 0 | 0 | 0 | 0 |
| Total intangible assets | 0 | 0 | 0 | 0 | 12 |
| Land and buildings | 0 | 0 | 0 | 0 | 0 |
| (land) | 0 | 0 | 0 | 0 | 0 |
| Machinery | 8,948 | 9,131 | 10,419 | 12,049 | 326 |
| Equipment | 4,285 | 3,680 | 3,551 | 3,298 | 385 |
| Machinery & equipment (tot) | 13,233 | 12,811 | 13,970 | 15,347 | 711 |
| Other fixed assets (not depreciable) | 0 | 0 | 0 | 0 | 16,180 |
| Other fixed assets (depreciable) | 0 | 0 | 0 | 0 | 0 |
| Total tangible assets | 13,233 | 12,811 | 13,970 | 15,347 | 16,891 |
| Participation in group companies and associated | 0 | 0 | 0 | 0 | 0 |
| Receivables from group companies and associated | 0 | 0 | 0 | 0 | 0 |
| Loans to partner or other closely related | 0 | 0 | 0 | 0 | 0 |
| Other financial assets | 224 | 140 | 140 | 140 | 140 |
| Total financial assets | 224 | 140 | 140 | 140 | 140 |
| Whereof not depreciable fixed assets | 224 | 140 | 140 | 140 | 16,320 |
| Work in progress | 333 | 59 | 0 | 0 | 499 |
| Other inventories | 19,182 | 15,898 | 13,984 | 13,996 | 11,593 |
| Total inventories | 19,515 | 15,957 | 13,984 | 13,996 | 12,092 |
| Account receivables | 13,883 | 14,265 | 12,043 | 6,423 | 6,123 |
| Receivables from group companies and associated | 0 | 0 | 0 | 4,160 | 4,900 |
| Other receivables | 2,157 | 2,067 | 1,761 | 2,180 | 3,130 |
| Total receivables | 16,040 | 16,332 | 13,804 | 12,763 | 14,153 |
| Total short term investments | 0 | 0 | 0 | 0 | 0 |
| Cash and bank balances | 1,005 | 2,306 | 819 | 1,733 | 1,414 |
| Other current assets | |||||
| Total current assets | 36,560 | 34,595 | 28,608 | 28,491 | 27,658 |
| Total assets | 50,017 | 47,546 | 42,718 | 43,978 | 44,702 |
| Share capital | 602 | 602 | 602 | 602 | 602 |
| Share premium reserve | 0 | 0 | 0 | 0 | 0 |
| Revaluation reserve | 0 | 0 | 0 | 0 | 0 |
| Other restricted equity | 428 | 428 | 428 | 428 | 428 |
| Total restricted equity | 1,030 | 1,030 | 1,030 | 1,030 | 1,030 |
| Profit or loss brought forward | 705 | 15 | 515 | 15 | 1,132 |
| Group contribution | 0 | 0 | 0 | 0 | 0 |
| Shareholders contribution | 0 | 0 | -500 | 0 | 0 |
| Net P/L for the year | 4,939 | 3,599 | 1,806 | 2,305 | 870 |
| Total non-restricted capital | 5,644 | 3,614 | 1,821 | 2,320 | 2,002 |
| Shareholders equity | 6,674 | 4,644 | 2,851 | 3,350 | 3,032 |
| Untaxed reserves | 13,535 | 12,410 | 9,565 | 7,141 | 5,315 |
| Minority shareholding | 0 | 0 | 0 | 0 | 0 |
| Provisions | 224 | 140 | 140 | 140 | 140 |
| Bond loans | 0 | 0 | 0 | 0 | 0 |
| Liabilities to credit inst. (long term) | 11,471 | 14,054 | 7,642 | 8,300 | 15,381 |
| Liabilities to group companies and associated | 0 | 0 | 0 | 0 | 0 |
| Other long-term liabilities | 0 | 148 | 289 | 413 | 575 |
| Long term liabilities | 11,471 | 14,202 | 7,931 | 8,713 | 15,956 |
| Liabilities to credit inst. (short term) | 1,500 | 0 | 8,940 | 11,087 | 6,970 |
| Accounts payable | 9,414 | 10,133 | 7,896 | 8,826 | 9,314 |
| Liabilities to group companies and associated | 0 | 0 | 0 | 0 | 0 |
| Other current liabilities | 7,199 | 6,016 | 5,396 | 4,721 | 3,975 |
| Total current liabilities | 18,113 | 16,149 | 22,232 | 24,634 | 20,259 |
| Total equity and liability | 50,017 | 47,546 | 42,718 | 43,978 | 44,702 |
Key figures
| 2018-12 | 2017-12 | 2016-12 | 2015-12 | 2014-12 | Area average | |
|---|---|---|---|---|---|---|
| Turnover kSEK | 95,181 | 85,425 | 80,236 | 80,636 | 72,930 | - |
| Result after financial items kSEK | 7,528 | 7,508 | 4,764 | 4,794 | 4,802 | - |
| Net worth kSEK | 17,231 | 14,323 | 10,311 | 8,920 | 7,177 | - |
| Assets kSEK | 50,017 | 47,546 | 42,718 | 43,978 | 44,702 | - |
| Number of employees | 36 | 32 | 33 | 32 | 31 | - |
| Equity ratio % | 34.5 | 30.1 | 24.1 | 20.3 | 16.1 | 39.4 |
| Quick ratio % | 94.1 | 115.4 | 65.8 | 58.8 | 76.8 | 117.3 |
| Current ratio % | 201.8 | 214.2 | 128.7 | 115.7 | 136.5 | 147.9 |
| Profit margin % | 8.4 | 9.4 | 6.8 | 7.3 | 8.8 | 6.6 |
| Return on total assets % | 15.9 | 16.8 | 12.8 | 13.4 | 14.4 | 12.6 |
| Return on equity % | 43.7 | 52.4 | 46.2 | 53.7 | 66.9 | 29.3 |
| Interest on liabilities % | 1.3 | 1.5 | 2.2 | 3.2 | 4.3 | 0.7 |
| Risk margin | 14.6 | 15.3 | 10.6 | 10.3 | 10 | 12.6 |
| Liability ratio t/year | 1.9 | 2.3 | 3.1 | 3.9 | 5.2 | 1.5 |
| Interest cover t/year | 18.4 | 16.3 | 7.6 | 5.3 | 4 | 33.6 |
| Turnover/Assets t/year | 1.9 | 1.8 | 1.9 | 1.8 | 1.6 | 1.7 |
Notes/Other information
| 2018-12 | 2017-12 | 2016-12 | 2015-12 | 2014-12 | |
|---|---|---|---|---|---|
| Chattel mortgages | 19,120 | 27,520 | 27,520 | 27,520 | 27,520 |
| Property mortgage | 0 | 0 | 0 | 0 | 0 |
| Other securities | 0 | 0 | 0 | 0 | 0 |
| Total securities | 19,120 | 27,520 | 27,520 | 27,520 | 27,520 |
Explanation of comment
| |||||
| Conditional shareholders contribution | 0 | 0 | 0 | 500 | 500 |
| Other contingent liabilities | 0 | 120 | 755 | 120 | 120 |
| Total contingent liabilities | 0 | 120 | 755 | 620 | 620 |
Explanation of comment
| |||||
| Dividend | |||||
| Number of employees | 36 | 32 | 33 | 32 | 31 |
| Salaries and emoluments to board members | 1,157 | 900 | 1,042 | ||
| Bonus | 0 | 0 | 0 | ||
| Salaries to others | 13,719 | 13,124 | 11,363 | ||
| Salary (bonus) | 0 | 0 | 0 | ||
| Social costs | 6,819 | 6,104 | 4,681 | ||
| Severance pay | |||||
| Granted bank overdraft | 10,000 | 7,300 | 7,300 | ||
| Bank overdraft (used) | 9,096 | 7,004 | 8,940 | 7,007 | 6,970 |
Ability to pay
Payment index
- Date
- 2019-08-11
- Subject
- 76
- Line of business
- 78
- Number of invoices
- 13
- Average days after due date
- 1
Soliditet has per 2019-08-11 received information regarding 13 paid invoices, total amount 21,338 SEK.