MIRA
INFORM REPORT
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Report Date : |
08.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
PIPPI A/S |
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Registered Office : |
Lollandsvej
2, 7400 Herning |
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Country : |
Denmark |
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Date of Incorporation : |
1946 |
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Com. Reg. No.: |
29225826 A/S |
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Legal Form : |
Limited
Company |
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Line of Business : |
Wholesale
clothing and footwear |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Company
ID
Main name PIPPI
A/S
Main
address LOLLANDSVEJ 2
City 7400 HERNING
Country Denmark
Phone-no. +45-96-267777
Fax-no. +45-96-267778
Nat. partner
ID-no. 1288650
ID-/Reg.-no. 29225826
A/S
Legal form Limited
company
Company
Status Active
Latest
change 2007-10-08
Activity
Activity 51.42 Wholesale clothing and
footwear
No of employees
empl 22
Management
Information
Management ERIK
ANDREÆ
Board of
directors TORBEN KLAUSEN (Chairman of the board)
ERIK ANDRE (Member of the board)
MICHAEL NEDERBY (Member of the board)
TORBEN PAULIN (Member of the board)
Historical
Data
Established 1946
Registered 2006-01-05
Credit
Facilities
Bankers
JYSKE BANK A/S SILKEBORG, VESTERGADE VESTERGADE - 8-16 8600 SI
Financial
data
Currency Danish Kroner
Closing date
2006-12-31
Source Ann.
report
Ordinary result
621.000
Tax
206.000
Annual result
415.000
<* Assets *>
Fixed assets 12.188.000
Current assets
16.421.000
<* Liabilities *>
Equity capital
333.000
Share capital
500.000
Long-term debts
11.745.000
Short-term debts
16.531.000
Company
Ratios
Gearing I
-238,52
Acid test ratio I
99,33
Acid test ratio II
44,01
Return on investment
6,01
Return on equity
186,49
Solvency ratio
1,16
Property
Property No
Corporate
Structure
Associated
business EFFEKTIV-E. DK APS (ID:1126312) (50%)
WORLD WIDE INNOVATION APS (ID:1288571) (50%)
Secondary
names(s) CARE A/S
CARETEC A/S
COSMO KIDS
A/S
PIPPI BABY WEAR A/S
PIPPI KIDS WEAR A/S
Payment
profile
Payment
profile Payment regular
Credit
Summary
Risk class High
Credit
limit Estimated 20.000
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%)