MIRA
INFORM REPORT
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Report Date : |
01.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
Aldebaran Commodities B.V. |
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Registered Office : |
Maasstraat 17, 3016 Db Rotterdam |
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Country : |
Netherlands |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
01/01/1997 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Wholesale
in tropical fruits and nuts. Im-export in (non)food products, especially nuts
and sub-tropical fruits |
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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Status : |
Satisfactory |
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Payment Behaviour : |
Average 15 days beyond terms |
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Litigation : |
Clear |
name & address
Aldebaran
Commodities B.V.
Maasstraat 17
3016 DB ROTTERDAM
Tel.:+31
(0)10-4364937
Fax.:+31
(0)10-4364865
Legal
status
BV Private Company Ltd.
acc. nat. law
Founded
01/01/1997, Ltd. since
24/03/1997
Trade
register
24271671
Capital
nominal EUR 90.756,--
issued and
paid up EUR 18.151,--
Management
-Van Velzen Holding BV,
Egelantierlaan 5, 3233 VR OOSTVOORNE
Activity
Wholesale in
tropical fruits and nuts. Im-export in (non)food products, especially nuts and
sub-tropical fruits; brokerage in these.
Staff
8 employees
Turnover
Net turnover:
2005 Euro 555.272
2004 Euro 958.524
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
Subsidiary company of
-Van Velzen Holding BV,
Egelantierlaan 5, 3233 VR OOSTVOORNE
Net result:
2005 Euro (96.330)
2004 Euro 253.762
The shareholders equity was as of:
31/12/2005 Euro 25.583
31/12/2004 Euro 271.913
31/12/2003 Euro 290.420
The working capital was as of:
31/12/2005 Euro 140.107
31/12/2004 Euro 362.872
31/12/2003 Euro 597.144
Import/export
: world-wide
Website:
www.aldebaran.nl
Correspondence address:
PO Box 23053
3001 KB ROTTERDAM
Banks
ABN-AMRO NV, Rotterdam,
41.59.75.794
VAT-nr.
NL805508181B01
Mode
of payment
On average 15 days beyond
terms.
Credit
demand
No objections against
entering into a business relationship.
The following financial data is retrieved from the
corporate balance sheet of :
Aldebaran Commodities B.V.
Maasstraat 17, 3016
DB ROTTERDAM
Trade register 24271671
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Aldebaran Commodities B.V. *** BALANCE SHEET ***
Corporate in Euro(x
1) Euro(x 1)
---31-12-2004--- ------31-12-2005---
Intangible assets 0 0
Tangible assets 41.669 51.359
Financial assets 0 0
Miscellaneous fixed assets 0 0
Total fixed
assets 41.669 51.359
Stock 992.104 1.726.210
Receivables 1.827.248 2.531.258
Shares 0 0
Liquid assets 267 812
Miscellaneous current assets 0 0
Total current
assets 2.819.619 4.258.280
Shareholders equity 271.913 25.583
Provisions 132.628 165.883
Long-term liabilities 0 0
Current liabilities 2.456.747 4.118.173
Minority interests 0 0
Miscellaneous
liabilities 0 0
Total liabilities 2.861.288 4.309.639
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Aldebaran Commodities B.V. *** PROFIT & LOSS
ACCOUNT ***
Corporate in Euro(x
1) Euro(x 1)
---31-12-2004--- ------31-12-2005---
Turnover 958.524 555.272
Other income 0 0
Total expenses 413.789 518.248
Operating profit 544.735 37.024
Balance financial P/L -160.536 -180.299
Net profit/loss 1] 384.199 -143.275
Taxation 130.437 -46.945
Share in P/L of subsidiaries 0 0
Net profit/loss 2] 253.762 -96.330
Balance extraordinary P/L 0 0
Taxation 0 0
Extraordinary P/L 2] 0 0
Res. sub. companies 2] 0 0
Minority interests 0 0
Miscellaneous P/L 0 0
Net result 253.762 -96.330
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Legend : 1]
= Before tax
2]
= After tax
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Aldebaran
Commodities B.V. *** FINANCIAL RATIOS ***
-----2004----- -----2005-----
EQUITY %
Equity
gearing 9,5 0,6
Equity/outside
capital 10,5 0,6
LIQUIDITY
Current
ratio 1,1 1
Acid
test 0,7 0,6
RATES
OF RETURN %
Total
assets 13,4 -3,3
Shareholders equity 141,3 -560
Pre
tax margin % 40,1 -25,8
Turnover
rate 33,5 12,9
(x 1) (x 1)
-------------------- --------------------
Working
capital 362.872 140.107
Shareholders equity + Equalization acc. 271.913 25.583
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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%)