MIRA
INFORM REPORT
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Report Date : |
10.09.2007 |
IDENTIFICATION DETAILS
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Name : |
Hamos Holland B.V. |
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Registered Office : |
Marisstraat 8, 3364 Az Sliedrecht |
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Country : |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
16/06/1958 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Whole sale business in stainless steel fasteners. |
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 5 days beyond terms |
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Litigation : |
Clear |
name & address
Hamos Holland B.V.
Marisstraat 8
3364 AZ SLIEDRECHT
Tel.:+31
(0)184-496900
Fax.:+31
(0)184-412422
Legal status
BV Private Company Ltd.
acc. nat. law
Founded
16/06/1958, Ltd. since
03/08/1979
Trade register
23043268
Capital
nominal EUR 100.000,--
issued and
paid up EUR 22.700,--
Management
Johannes Maria
Wilhelmus Geerts, born 24/06/1950, Atalanta 32, 5121 MS RIJEN
Activity
Whole sale business
in stainless steel fasteners.
Staff
32 employees
from the
consolidated balance sheet of Borstlap Masters in
2006 Euro 248.890.000
2005 Euro 238.614.000
2004 Euro 232.016.000
Real estate
The business
premises at the mentioned address has been rented by the company, as far as we
know.
See balance sheet
Remarks
Subsidiary company
of
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Marisstraat 8, 3364 AZ SLIEDRECHT
Ultimate parent company
-Borstlap
Masters in
Zevenheuvelenweg
44, 5048 AN
The next
financial data is extracted from the consolidated balance sheet of 'Borstlap Masters in
Consolidated
net result:
2006 Euro 12.024.000
2005 Euro 11.657.000
2004 Euro 11.560.000
The
shareholders equity was as of:
31/12/2006 Euro 58.602.000
31/12/2005 Euro 54.679.000
31/12/2004 Euro 40.875.000
The working
capital was as of:
31/12/2006 Euro 113.020.000
31/12/2005 Euro 106.116.000
31/12/2004 Euro 89.004.000
A declaration of
liability has been filed by the ultimate parent company Borstlap Masters in
Correspondence
address:
3360 AG
Sliedrecht
Website: www.hamos.nl
E-mail: info@hamos.nl
Mr. John
Arkesteijn is one of the employees of subject matter.
Banks
KBC Bank
VAT-nr.
NL001250425B01
Mode of payment
On average 5 days beyond
terms.
Credit demand
No objections against
entering into a business relationship.
The following financial data is retrieved from the
consolidated balance sheet of :
Borstlap Masters in
Zevenheuvelenweg,
5048AN
Trade register 18027267
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Borstlap Masters in
Consolidated in Euro(x
1.000) Euro(x 1.000)
---31-12-2005--- ------31-12-2006---
Intangible assets 4.406 2.755
Tangible assets 32.727 29.219
Financial assets 0 0
Miscellaneous fixed assets 0 0
Total fixed
assets 37.133 31.974
Stock 73.789 74.656
Receivables 41.929 46.916
Shares 0 0
Liquid assets 28.161 17.685
Miscellaneous current assets 19.830 45.393
Total current
assets 163.709 184.650
Shareholders
equity 54.106 58.122
Provisions 9.844 10.498
Long-term liabilities 78.726 75.894
Current liabilities 57.593 71.630
Minority interests 573 480
Miscellaneous liabilities 0 0
Total
liabilities 200.842 216.624
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Borstlap Masters in
Consolidated in Euro(x
1.000) Euro(x 1.000)
---31-12-2005--- ------31-12-2006---
Turnover 238.614 248.890
Other income 0 0
Total expenses 215.346 226.537
Operating profit 23.268 22.353
Balance financial P/L -4.688 -4.580
Net profit/loss 1] 18.580 17.773
Taxation 6.950 5.749
Share in P/L of subsidiaries 0 0
Net profit/loss 2] 11.630 12.024
Balance extraordinary P/L 0 0
Taxation 0 0
Extraordinary P/L 2] 0 0
Res. sub. companies 2] 0 0
Minority interests -27 0
Miscellaneous P/L 0 0
Net result 11.657 12.024
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Legend : 1]
= Before tax
2]
= After tax
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Borstlap Masters in
-----2005----- -----2006-----
EQUITY %
Equity gearing 27,2 27,1
Equity/outside capital 36,9 36,7
LIQUIDITY
Current ratio 2,8 2,6
Acid test 1,6 1,5
RATES OF RETURN %
Total assets 9,3 8,2
Shareholders
equity 34 30,3
Pre tax margin
% 7,8 7,1
Turnover rate 118,8 114,9
(x
1.000) (x 1.000)
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Working capital 106.116 113.020
Shareholders
equity + Equalization acc. 54.679 58.602
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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%)