MIRA
INFORM REPORT
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Report Date : |
14.09.2007 |
IDENTIFICATION DETAILS
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Name : |
Kopcke Global Trading B.V. |
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Registered Office : |
Rijksstraatweg 7, 3316 EE
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Country : |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
02/03/1950 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Wholesale
business, including import/export, in food and non food and miscellaneous
articles. |
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 200.000 |
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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
Kopcke Global
Trading B.V.
Rijksstraatweg 7
3316 EE
Tel.:+31
(0)78-6534432
Fax.:+31 (0)78-6534453
Legal status
BV Private Company Ltd. acc. nat. law
Founded
02/03/1950, Ltd. since 01/03/1973
Trade register
24178678
Capital
nominal EUR 225.000,--
issued and paid up EUR 45.000,--
Management
-B&S Global BV,
Rijksstraatweg 7, 3316
EE
Signatory
E. Hoogewerff, born 28/05/1956, W.
Spaanstraat 11, 3062 XL ROTTERDAM
Activity
Wholesale business,
including import/export, in food and non food and miscellaneous articles.
Trade name:
-Global Cruise Supply
-Kopcke Supply
Staff
21 employees
from the
consolidated balance sheet of B & S International B.V.
2006 Euro 479.088.000
2005 Euro 386.730.000
2004 Euro 384.933.000
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
-B&S Global BV,
Rijksstraatweg 7, 3316 EE
Ultimate parent company
-B &
Rondeboslaan
35, 9936 BJ FARMSUM.Previous name of the company:
-Pegasus Sea
Air Beheer en
-Köpcke
Trading International B.V.
Previously located:
-Kopcke
Trading
Malledijk 20,
3208 LA SPIJKENISSE
The next
financial data is extracted from the consolidated balance sheet of 'B & S
International B.V.'
Consolidated net result:
2006 Euro 5.986.000
2005 Euro 4.261.000
2004 Euro 3.231.000
The shareholders equity was as of:
31/12/2006 Euro 35.714.000
31/12/2005 Euro 29.912.000
31/12/2004 Euro 25.496.000
The working capital was as of:
31/12/2006 Euro 33.573.000
31/12/2005 Euro 24.793.000
31/12/2004 Euro 15.340.000
Subsidaries/participation:
Kopcke Trading International NV,
Kopcke Trading
Website : www.kopcketrading.nl
Export : worldwide
Correspondence address:
Postbus 3119
3301 DC
Correspondence address as suggested by you is a former one.
As extra service we also include the accounts of the ultimate
parent company.
Banks
Fortis Bank,
VAT-nr.
NL004267485B18
Mode of payment
On average 15 days beyond terms.
Credit demand
No objections against entering into a business relationship.
A maximum credit limit of EUR 200.000
is advised
The following
financial data is retrieved from the consolidated balance sheet of :
B & S
International B.V.
Rondeboslaan,
9936BJ FARMSUM
Trade register 24254078
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B
& S International B.V. *** BALANCE SHEET ***
Consolidated
in Euro(x 1.000) Euro(x 1.000)
---31-12-2005--- ------31-12-2006---
Intangible
assets 150 0
Tangible
assets 12.186 14.398
Financial
assets 4.038 1.352
Miscellaneous
fixed assets 0 0
Total fixed assets 16.374 15.750
Stock 47.266 65.127
Receivables 57.333 78.465
Shares 0 0
Liquid
assets 0 0
Miscellaneous
current assets 0 0
Total current assets 104.599 143.592
Shareholders equity 29.728 35.663
Provisions 794 726
Long-term
liabilities 10.461 12.883
Current
liabilities 79.806 110.019
Minority
interests 184 51
Miscellaneous
liabilities 0 0
Total liabilities 120.973 159.342
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B
& S International B.V. *** PROFIT & LOSS ACCOUNT ***
Consolidated
in Euro(x 1.000) Euro(x 1.000)
---31-12-2005--- ------31-12-2006---
Turnover 386.730 479.088
Other
income 0 0
Total
expenses 377.418 467.818
Operating
profit 9.312 11.270
Balance
financial P/L -2.533 -3.429
Net
profit/loss 1] 6.779 7.841
Taxation 2.537 1.987
Share
in P/L of subsidiaries 80 96
Net
profit/loss 2] 4.322 5.950
Balance
extraordinary P/L 0 0
Taxation 0 0
Extraordinary
P/L 2] 0 0
Res.
sub. companies 2] 0 0
Minority
interests 61 -36
Miscellaneous
P/L 0 0
Net
result 4.261 5.986
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Legend
: 1] = Before tax
2] = After tax
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B
& S International B.V.
*** FINANCIAL RATIOS ***
-----2005----- -----2006-----
EQUITY %
Equity
gearing 24,7 22,4
Equity/outside
capital 32,6 28,8
LIQUIDITY
Current
ratio 1,3 1,3
Acid
test 0,7 0,7
RATES
OF RETURN %
Total
assets 5,6 4,9
Shareholders equity 22,7 22
Pre
tax margin % 1,8 1,6
Turnover
rate 319,7 300,7
(x 1.000) (x 1.000)
-------------------- - -------------------
Working
capital 24.793 33.573
Shareholders equity + Equalization acc. 29.912 35.714
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To: |
Re: |
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Mira
Inform Private Limited |
Kopcke
Global Trading B.V. |
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1-A,
Ground Floor, Neelambuj, Kamal Apartments, |
Rijksstraatweg
7 |
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IN
- 400 067 MUMBAI, |
3316
EE |
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Tel.:+31
(0)78-6534432 |
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Fax.:+31
(0)78-6534453 |
The
following financial data is retrieved from the
consolidated
balance sheet of :
Kopcke
Global Trading B.V.
Rijksstraatweg7,
3316 EE
Trade
register 24178678
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Kopcke
Global Trading B.V. *** BALANCE SHEET ***
Consolidated
in Euro(x
1.000) Euro(x 1.000)
---31-12-2004--- ------31-12-2005---
Intangible
assets 0 0
Tangible
assets 55 421
Financial
assets 0 0
Miscellaneous
fixed assets 0 0
Total fixed assets 55 421
Stock 2.259 125
Receivables 10.995 14.358
Shares 0 0
Liquid
assets 0 0
Miscellaneous
current assets 0 0
Total current assets 13.254 14.483
Shareholders equity 2.408 1.320
Provisions 0 0
Long-term
liabilities 2.596 1.366
Current
liabilities 8.305 12.218
Minority
interests 0 0
Miscellaneous
liabilities 0 0
Total liabilities 13.309 14.904
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To: |
Re: |
|
Mira
Inform Private Limited |
Kopcke
Global Trading B.V. |
|
1-A,
Ground Floor, Neelambuj, Kamal Apartments, |
Rijksstraatweg
7 |
|
IN
- 400 067 MUMBAI, |
3316
EE |
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Tel.:+31
(0)78-6534432 |
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|
Fax.:+31
(0)78-6534453 |
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Kopcke
Global Trading B.V. *** PROFIT & LOSS ACCOUNT ***
Consolidated
in Euro(x
1.000) Euro(x 1.000)
---31-12-2004--- ------31-12-2005---
Turnover 83.080 56.357
Other
income 0 0
Total
expenses 81.099 56.024
Operating
profit 1.981 333
Balance
financial P/L -533 -288
Net
profit/loss 1] 1.448 45
Taxation 509 21
Share
in P/L of subsidiaries 0 0
Net
profit/loss 2] 939 24
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 939 24
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Legend
: 1]
= Before tax
2]
= After tax
|
To: |
Re: |
|
Mira
Inform Private Limited |
Kopcke
Global Trading B.V. |
|
1-A,
Ground Floor, Neelambuj, Kamal Apartments, |
Rijksstraatweg
7 |
|
IN
- 400 067 MUMBAI, |
3316
EE |
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|
Tel.:+31
(0)78-6534432 |
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|
Fax.:+31
(0)78-6534453 |
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Kopcke
Global Trading B.V. *** FINANCIAL RATIOS ***
-----2004----- -----2005-----
EQUITY %
Equity
gearing 18,1 8,9
Equity/outside
capital 22,1 9,7
LIQUIDITY
Current
ratio 1,6 1,2
Acid
test 1,3 1,2
RATES
OF RETURN %
Total
assets 10,9 0,3
Shareholders equity 60,1 3,4
Pre
tax margin % 1,7 0,1
Turnover
rate 624,2 378,1
(x
1.000) (x 1.000)
-------------------- --------------------
Working
capital 4.949 2.265
Shareholders equity + Equalization acc. 2.408 1.320
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End
of report
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%)