MIRA
INFORM REPORT
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Report Date : |
09.05.2007 |
IDENTIFICATION DETAILS
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Name : |
DANSKE SKOVES HANDELSKONTOR A/S |
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Registered Office : |
Amalievej 20, DK-1875 |
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Country : |
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Financials (as on) : |
30.06.2006 |
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Date of Incorporation : |
01.07.2000 |
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Com. Reg. No.: |
AS279303 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Purchase
and sales of trees. |
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 : |
EUR 100.000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
COMPANY’S NAME
DANSKE SKOVES
HANDELSKONTOR A/S
POSTAL ADDRESS
Amalievej 20
DK-1875 FREDERIKSBERG C
OPERATING ADDRESS
Glarmestervej 7
DK-7000 FREDERICIA
TELEPHONE-NO +45 74 55 26 36
TELEFAX-NO +45 74 55
24 90
E-MAIL-ADDRESS dsh@dshwood.dk
LOCAL CURRENCY
D K K
FOUNDATION
01.07.2000
CENTRAL BUSINESS-REG-NO
25-67-23-05
COMPANY REG-NO
AS279303
EU-VAT-ID-NO
DK25672305
LEGAL FORM
Private Limited
Company
SHARE CAPITAL
DKK 3.000.000
SHAREHOLDER
DK59198513 100
%
Dansk
Skovforening
AUDITORS
Grant Thornton
Stockholmsgade
45
2100
BOARD OF DIRECTORS
Frank Uhrenholt,
chairman
Anders Tuvehjelm
Jimmi Enevoldsen
Jan Søndergaard
MANAGING DIRECTOR
Lars Mernild
ACTIVITY
Purchase and
sales of trees. Subject sells hardwood, softwood, wood chips and Lumber.
TRADENAME
DSHWOOD A/S
EMPLOYEES
9
TURNOVER
Figures are strictly
confidential.
SUBSIDIARIES
None
FINANCIAL STANDING
The financial
standing is sound.
ACCOUNTS
See latest published
figures on page 3.
REAL ESTATE
Own property
-Taxation value DKK
1.471.500,-
PAYMENTS
Nothing detrimental
has been noted.
BANKERS
Nordea Bank Danmark
A/S
CREDIT OPINION
Business and credit
connection admissible.
MAX CREDIT 30 DAYS
EUR 100.000,-
ACCOUNTS CLOSED AT 30.06.2006 30.06.2005
EXTRACT IN 1000 DKK
PROFIT
& LOSS ACCOUNT
GROSS RESULTS 7.599 8.119
OPERATING RESULTS 2.577 3.561
RESULTS BEFORE TAXES 2.745 3.627
YEAR’S NET RESULT 1.989 2.587
TOTAL
ASSETS 31.275 29.962
ASSETS
FIXED ASSETS 7.890 2.383
-Real estate 7.723 2.293
-Machines & equipments 167 90
CURRENT ASSETS 23.385 27.579
-Receivables 9.284 13.199
-Inventories 14.078 8.355
-Cash, bank etc. 23 6.025
EQUITY & LIABILITIES
SHORTTERM LIABILITIES 18.909 21.666
-Suppliers 15.167 17.940
-Bankers 266 0
LONGTERM LIABILITIES 2.404 0
PROVISIONS/RESERVES 52 0
SHAREHOLDER’S EQUITY 9.910 8.296
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%)