MIRA
INFORM REPORT
|
Report
Date : |
14th
November, 2006 |
IDENTIFICATION
DETAILS
|
Name : |
NICE DIMON BVBA |
|
|
|
|
Registered
Office : |
Gounodstraat 2-A B-2018 Antwerpen |
|
|
|
|
Date
of Incorporation : |
24.02.1995 |
|
|
|
|
Legal
Form : |
Private limited
company |
|
|
|
|
Line
of Business : |
Trade in diamonds,
both raw and polished. |
RATING & COMMENTS
|
MIRA’s
Rating : |
Ba |
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered
normal. Capable to meet normal commitments. |
Satisfactory |
|
Status
: |
Satisfactory
|
|
|
|
|
Payment
Behaviour : |
Regular |
|
|
|
|
Litigation
: |
Clear |
NAME & ADDRESS
Nice Dimon Bvba
Gounodstraat 2-A
B-2018 ANTWERPEN
Legal
status
Private limited company
Founded
24.02.1995
Trade
register
308527, Antwerpen
Capital
Nominal EUR 18.592,-
Issued and paid up
EUR 18.592,-
Management
Saraiya Mukesh
Shah Sachin
Activity
Trade in diamonds, both raw and polished.
Staff
2 employees
Real
estate
The business premises at the mentioned address has been rented by
the company, as far as we know.
Finances
See balance sheet
Remarks
Net result:
2002 EUR 23.683,-
2003 EUR 25.930,-
2004 EUR 22.962,-
The shareholders' equity was as of:
31.12.2002 EUR
42.238,-
31.12.2003 EUR
43.668,-
31.12.2004 EUR
44.130,-
The working capital was as of:
31.12.2002 EUR
39.995,-
31.12.2003 EUR
41.991,-
31.12.2004 EUR
42.894,-
VAT-nr.
BE454587431
Mode of
payment
No complaints have been registered
Credit
demand
No objections against entering into a business relationship.
The following financial data is retrieved from the corporate
balance sheet of :
Nice Dimon Bvba
Gounodstraat 2-A, 2018
ANTWERPEN
Trade register 308527,
Antwerpen
------------------------------------------------------------------------
Nice Dimon Bvba ***
BALANCE SHEET ***
Corporate
in
Euro Euro
(x
1) (x 1)
-----31-12-2003----- -----31-12-2004-----
Intangible assets 0 0
Tangible assets 1.677 1.236
Financial assets 0
0
Miscellaneous fixed assets 0 0
Total fixed assets 1.677 1.236
Stock 622.379 547.249
Receivables 48.525 8.632
Shares 0 0
Liquid assets 77.422 47.618
Miscellaneous current assets 0 0
Total current assets 748.326 603.499
Shareholders' equity 43.668 44.130
Provisions 0 0
Long-term liabilities 0 0
Current liabilities 706.335 560.605
Minority interests 0 0
Miscellaneous liabilities 0 0
Total liabilities 750.003 604.735
------------------------------------------------------------------------
------------------------------------------------------------------------
Nice Dimon Bvba ***
PROFIT & LOSS ACCOUNT ***
Corporate
in
Euro Euro
(x
1) (x 1)
-----31-12-2003----- -----31-12-2004-----
Turnover 0 0
Other income 0 0
Total expenses 1.419 1.851
Operating profit -78.305 -3.494
Balance financial P/L 104.119 24.010
Net profit/loss 1) 25.814 20.516
Taxation -141 -2.446
Share in P/L of subsidiaries 0 0
Net profit/loss 2) 25.955 22.962
Balance extraordinary P/L -25 0
Taxation 0 0
Extraordinary P/L 2) -25 0
Res. sub. companies 2) 0 0
Minority interests 0 0
Miscellaneous P/L 0 0
Net result 25.930 22.962
------------------------------------------------------------------------
Legend : 1) = Before tax
2) = After tax
------------------------------------------------------------------------
Nice Dimon Bvba ***
FINANCIAL RATIOS ***
--------2003-------- --------2004--------
EQUITY %
Equity gearing 5.8
7.3
Equity/outside capital 6.2 7.9
LIQUIDITY
Current ratio 1.1 1.1
Acid test .2 .1
RATES OF RETURN %
Total assets 3.4 3.4
Shareholders' equity 59.1 46.5
Pre tax margin %
.0 .0
Turnover rate .0 .0
(x
1) (x 1)
-------------------- --------------------
Working capital 41.991 42.894
Shareholders' equity + Equalization 43.668 44.130
------------------------------------------------------------------------
RATING
EXPLANATIONS
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound
financial base with the strongest capability for timely payment of interest
and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working
capital. No caution needed for credit transaction. It has above average
(strong) capability for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial & operational base
are regarded healthy. General unfavourable factors will not cause fatal
effect. Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered
normal. Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable
factors carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent.
Repayment of interest and principal sums in default or expected to be in
default upon maturity |
Limited with full security |
|
<10 |
C |
Absolute credit risk exists.
Caution needed to be exercised |
Credit not recommended |