MIRA
INFORM REPORT
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Report Date : |
28.06.2007 |
IDENTIFICATION DETAILS
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Name : |
THRANE & THRANE A/S |
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Registered Office : |
Lundtoftegårdsvej 93 D 2800 Kgs. Lyngby |
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Country : |
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Financials (as on) : |
1981 |
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Date of Incorporation : |
30.04.2006 |
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Legal Form : |
Limited Company |
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Line of Business : |
Producers of tele equipment |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Main name
THRANE & THRANE A/S
Main address
LUNDTOFTEGÅRDSVEJ 93 D
City 2800 KGS. LYNGBY
Country
Phone-no. +45-39-558800
Fax-no. +45-39-558888
Nat. partner ID-no.
167450
65724618 A/S
Legal form
Limited company
Company Status
Active
Latest change
2007-06-23
Activity
Activity
32.20 Prod. tele equipment
32.30 Prod. radio and TV-receivers, loudspeakers etc.
No of employees
empl 608
Management
Information
Management
LARS THRANE (Managing director)
SVEND ÅGE LUNDGAARD JENSEN
Board of
directors
WALDEMAR SCHMIDT (Chairman of the board)
MORTEN ELDRUP-JØRGENSEN
WALTHER THYGESEN (Member of the board)
LARS THRANE (Member of the board)
MORTEN CHRISTENSEN (Member of the board)
GERT HEJNE JENSEN (Member of the board)
Historical Data
Established
1981
Registered
1982-01-23
Credit Facilities
Bankers
DANSKE BANK
VESTERPORT AFDELING VESTERBROGADE 10
- 1620 KØBENHAVN
Financial data
Currency
Danish Kroner
Closing date
Source Ann. report Ann. report Ann. report
Turnover 876.415.000 609.420.000 627.297.000
Costs 767.357.000 555.405.000 535.581.000
Ordinary
result 103.282.000 71.623.000 89.762.000
Tax 24.177.000 13.125.000 27.523.000
Annual result 79.105.000 58.498.000 62.239.000
<* Assets *>
Fixed assets 459.392.000 627.103.000 227.371.000
Current assets 509.485.000 451.262.000 393.561.000
<* Liabilities
*>
Equity capital 522.521.000 464.381.000 410.261.000
Share capital 98.090.000 94.712.000 92.388.000
Long-term
debts 101.429.000 150.104.000
Short-term
debts 219.622.000 380.023.000 128.138.000
<* Company
Ratios *>
Gearing I 508,56 -325,79 70,06
Acid test ratio
I 231,98 118,75 307,14
Acid test ratio
II 134,35 74,00 237,31
Return on
investment 11,26 5,01 14,77
Return on
equity 19,77 15,42 21,88
Solvency ratio 53,93 43,06 66,07
Property
Property
Yes
Property ass. value 804.000 (Annual report)
Mortgaging I No
Corporate Structure
Shareholder
SCHRODER INVESTMENT MANAGEMENT LTD (6%)
- (Shareholder)
LARS THRANE (27%) (Shareholder)
FÅMANDSFORENINGEN LD (ID:1233572) (7%)
- (Shareholder)
Subsidiaries
THRANE & THRANE
THRANE & THRANE INC (100%)
THRANE & THRANE AIRTIME A/S (ID:1287625) (100%)
Payment profile
Payment
profile
Payment regular
Credit Summary
Risk class
Very low
Credit limit
Estimated
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/normal. |
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%)