MIRA
INFORM REPORT
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Report Date : |
01.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
DILLING
GTS VENTES |
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Registered Office : |
1 Rue Luigi Cherubini, 93210 St Denis Fr |
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Country : |
France |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
21 December 1999 |
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Com. Reg. No.: |
06B03155 |
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Legal Form : |
Public Limited Company |
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Line of Business : |
Agents involved in the sale of fuels, ores, metals and industrial
chemicals |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
40000 EUR |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
DILLING GTS VENTES
1 RUE LUIGI CHERUBINI
93210 ST DENIS FR
Fax number +33-1-41256971
Fax number +33-1-41256971
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Business founded |
21 December 1999 |
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Business registered |
07 January 2000 - Public limited company - board of administration |
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Registration number, |
06B03155, BOBIGNY, |
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party identification, |
428868343, |
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Legal form |
Public limited company - board of administration |
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Activities |
Agents involved in the sale of fuels, ores, metals and industrial
chemicals |
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Payment experience |
Payment regular |
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Credit opinion |
High creditworthiness |
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Maximum credit limit 40000 EUR is advised |
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Financial structure (balance sheet analysis) : Good |
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Cash situation (balance sheet analysis) : Good |
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Profitability (balance sheet analysis) : Normal |
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Commitments (regarding contractual obligations) : Fulfilled
(„respectés“) |
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Payment defaults : None |
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Employees (Business) |
34 |
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Total number of shareholders |
1 |
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Total share capital31 December 2005 |
EUR 700000 |
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Branch office(s) |
RUE DU COMTE JEAN,59760 GRANDE SYNTHE |
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10 AVENUE MOLIERE,67200 STRASBOURG |
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17 AVENUE DE LA VERTONNE,44120
VERTOU |
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RUE DE CHALON SUR SAONE,69007 LYON 07 |
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Others |
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Bank |
BNP |
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Boardmembers |
HAMY JEAN-CLAUDE Chairman of the board |
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FOCKENS AART Boardmember |
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METZKEN FRED Boardmember |
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HELLER KLAUS Boardmember |
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DEWISPELAERE DAUWE ANITA Boardmember |
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BELCHE PAUL Boardmember |
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(Part-) Owner |
562094425 ARCELORMITTAL FRANCE 49,00
% |
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The business owns or partly owns one or more pieces of land and
buildings? No (Property) |
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Turnover for the period: 00 0000 - 31 December 2005 in
EUR 4.344.033,00 |
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Not consolidated profit and loss turnover of the business: |
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Corporate balance sheet for the year: 00 0000 - 31 December
2005 in EUR |
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Total assets incl. prepaid expenses and accrued income |
37.601.487,- |
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Total fixed assets |
1.074.415,- |
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Total intangible fixed assets |
1.067.000,- |
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Total tangible fixed assets |
4.732,- |
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Total financial fixed assets |
2.682,- |
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Loans, shares and participations |
1.216,- |
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Total Current assets |
36.527.072,- |
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Accounts receivable (trade) |
554.861,- |
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Investments (short-term) |
4.663.744,- |
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Cash in hand and at bank |
1.668.870,- |
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Total equity, provisions, liabilities, accrued expenses and deferred
income |
37.601.487,- |
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Total equity (Shareholders' funds) |
1.385.383,- |
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Issued (subscribed) capital |
700.000,- |
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Share premium account (capital reserve) |
450.281,- |
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Legal reserves |
15.908,- |
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Profit or loss carried forward |
191.741,- |
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Profit or loss for the previous year |
59.392,- |
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Profit or loss for the financial year |
27.451,- |
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Total provisions |
970.550,- |
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Total liabilities |
35.245.553,- |
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Total current liabilities |
35.245.551,- |
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Current accounts payable (trade) |
274.634,- |
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Income and social tax liabilities |
850.675,- |
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Borrowing ratio |
1739,71 % |
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Current ratio |
103,64 % |
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Profit margin. |
2,06 % |
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Quick ratio |
103,64 % |
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Return on assets |
0,24 % |
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Return on equity. |
1,35 % |
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Solidity or equity ratio |
5,39 % |
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Corporate profit and loss account for the year: 00 0000 - 31
December 2005 in EUR |
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Total operating income/revenue |
4.702.650,- |
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Main revenue (sales/turnover) |
4.344.033,- |
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Total operating expenses |
4.613.271,- |
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Personnel costs |
907.424,- |
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Depreciation |
4.700,- |
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Operating profit or loss |
89.378,- |
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Financial income |
40.959,- |
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Result of ordinary operations |
130.337,- |
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Extraordinary income |
16.603,- |
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Extraordinary expenses |
16.603,- |
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Pre-tax and pre-appropriation profit or loss |
130.337,- |
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Taxes |
102.886,- |
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Net profit or loss |
27.451,- |
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Turnover for the period: 00 0000 - 31 December 2004 in
EUR 4.429.684,00 |
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Not consolidated profit and loss turnover of the business: |
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Corporate balance sheet for the year: 00 0000 - 31 December
2004 in EUR |
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Total assets incl. prepaid expenses and accrued income |
44.608.494,- |
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Total fixed assets |
1.080.229,- |
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Total intangible fixed assets |
1.067.000,- |
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Total tangible fixed assets |
8.113,- |
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Total financial fixed assets |
5.115,- |
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Loans, shares and participations |
3.649,- |
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Total Current assets |
43.528.265,- |
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Accounts receivable (trade) |
842.965,- |
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Investments (short-term) |
1.957.104,- |
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Cash in hand and at bank |
814.309,- |
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Total equity, provisions, liabilities, accrued expenses and deferred
income |
44.608.494,- |
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Total equity (Shareholders' funds) |
1.377.531,- |
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Issued (subscribed) capital |
700.000,- |
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Share premium account (capital reserve) |
450.281,- |
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Legal reserves |
12.939,- |
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Profit or loss carried forward |
154.919,- |
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Profit or loss for the previous year |
67.191,- |
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Profit or loss for the financial year |
59.392,- |
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Total provisions |
853.266,- |
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Total liabilities |
42.377.696,- |
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Total current liabilities |
42.377.695,- |
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Current accounts payable (trade) |
407.565,- |
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Income and social tax liabilities |
595.264,- |
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Borrowing ratio |
2183,65 % |
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Current ratio |
102,72 % |
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Profit margin. |
3,40 % |
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Quick ratio |
102,72 % |
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Return on assets |
0,34 % |
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Return on equity. |
3,06 % |
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Solidity or equity ratio |
4,35 % |
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Corporate profit and loss account for the year: 00 0000 - 31
December 2004 in EUR |
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Total operating income/revenue |
4.441.548,- |
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Main revenue (sales/turnover) |
4.429.684,- |
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Total operating expenses |
4.290.954,- |
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Cost of materials (type of expenditure format) |
457.830,- |
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Personnel costs |
911.714,- |
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Depreciation |
4.805,- |
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Operating profit or loss |
150.593,- |
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Financial income |
40.939,- |
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Financial expenses |
218,- |
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Result of ordinary operations |
191.314,- |
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Extraordinary expenses |
18.000,- |
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Extraordinary result |
-18.000,- |
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Pre-tax and pre-appropriation profit or loss |
191.315,- |
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Taxes |
113.923,- |
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Net profit or loss |
59.392,- |
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Turnover for the period: 00 0000 - 31 December 2003 in
EUR 3.834.165,00 |
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Not consolidated profit and loss turnover of the business: |
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Corporate balance sheet for the year: 00 0000 - 31 December
2003 in EUR |
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Total assets incl. prepaid expenses and accrued income |
36.936.234,- |
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Total fixed assets |
1.086.768,- |
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Total intangible fixed assets |
1.067.000,- |
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Total tangible fixed assets |
12.219,- |
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Total financial fixed assets |
7.549,- |
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Loans, shares and participations |
6.083,- |
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Total Current assets |
35.849.465,- |
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Accounts receivable (trade) |
718.162,- |
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Investments (short-term) |
814.815,- |
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Cash in hand and at bank |
1.281.222,- |
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Total equity, provisions, liabilities, accrued expenses and deferred
income |
36.936.234,- |
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Total equity (Shareholders' funds) |
1.341.239,- |
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Issued (subscribed) capital |
700.000,- |
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Share premium account (capital reserve) |
450.281,- |
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Legal reserves |
9.579,- |
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Profit or loss carried forward |
114.187,- |
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Profit or loss for the financial year |
67.191,- |
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Total provisions |
688.208,- |
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Total liabilities |
34.906.786,- |
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Total current liabilities |
34.906.786,- |
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Current accounts payable (trade) |
921.263,- |
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Income and social tax liabilities |
387.142,- |
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Borrowing ratio |
1944,17 % |
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Current ratio |
102,70 % |
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Profit margin. |
2,83 % |
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Quick ratio |
102,70 % |
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Return on assets |
0,29 % |
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Return on equity. |
3,74 % |
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Solidity or equity ratio |
4,86 % |
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Corporate profit and loss account for the year: 00 0000 - 31
December 2003 in EUR |
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Total operating income/revenue |
4.028.276,- |
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Main revenue (sales/turnover) |
3.834.165,- |
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Total operating expenses |
3.919.718,- |
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Cost of materials (type of expenditure format) |
583.874,- |
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Personnel costs |
859.147,- |
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Depreciation |
3.455,- |
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Operating profit or loss |
108.557,- |
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Financial income |
43.117,- |
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Financial expenses |
40,- |
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Result of ordinary operations |
151.633,- |
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Pre-tax and pre-appropriation profit or loss |
151.634,- |
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Taxes |
84.443,- |
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Net profit or loss |
67.191,- |
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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 and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)