MIRA
INFORM REPORT
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Report Date : |
13.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
KGT KOOL GRAPHIC TRADE B.V. |
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Registered Office : |
Edisonweg 1 5482 TJ
Schijndel |
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Country : |
Netherlands |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
26.05.2004 |
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Legal Form : |
BV Private Company Limited |
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Line of Business : |
Trade, including import/export, in graphic machinery and other
capital goods; revision and maintenance of graphic machinery. |
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 10 days beyond terms |
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Litigation : |
Clear |
name & address
KGT Kool Graphic
Trade B.V.
Edisonweg 1
5482 TJ SCHIJNDEL
Tel.:+31 (0)73-5442500
Fax.:+31
(0)73-5494064
Legal status
BV Private Company Ltd. acc. nat. law
Founded
26/05/2004 as Ltd.
Trade register
17166197
Capital
Nominal EUR 90.000,--
Issued and paid up EUR 18.000,--
Management
-Kgt Holding BV,
Edisonweg
1, 5482 TJ SCHIJNDEL
Activity
The trade, including import/export, in graphic machinery and other capital goods; revision and maintenance of graphic machinery.
Staff
15 employees
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
-Kgt Holding BV,
Edisonweg 1, 5482 TJ SCHIJNDEL
Previously
located:
-KGT Kool
Graphic Trade BV,
Edisonweg
1, 5482 TJ SCHIJNDEL
Continuation
of the activities of
-Kgt Holding BV,
Edisonweg 1, 5482 TJ SCHIJNDEL
Net result:
2006 Euro 747.368
2005 Euro 970.992
2004 Euro 689.490
The
shareholders equity was as of:
31/12/2006 Euro 2.425.851
31/12/2005 Euro 1.678.483
31/12/2004 Euro 707.491
The working
capital was as of:
31/12/2006 Euro 2.517.106
31/12/2005 Euro 2.047.755
31/12/2004 Euro 1.311.615
The
operations commenced during 1987; at that time subject
matter was registered
under nr. 16-053441. In 2004 was a holding
company
created, which was registered under nr. 16-053441. The
operations
were placed at that time under subject matter.
Website :
www.kgt.nl
Correspondence
address:
Postbus 123
5480 AC SCHIJNDEL
Banks
Rabobank, 15.54.81.223
VAT-nr.
NL813488205B01
Mode
of payment
On average 10 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 :
KGT Kool Graphic Trade B.V.
BALANCE
SHEET
Corporate in Euro(x
1) Euro(x 1)
---31-12-2005--- ------31-12-2006---
Intangible assets 0 0
Tangible assets 0 0
Financial assets 0 0
Miscellaneous fixed assets 0 0
Total fixed assets 0 0
Stock 1.551.210 4.118.908
Receivables 1.887.509 2.051.014
Shares 0 0
Liquid assets 1.181.335 91.562
Miscellaneous current assets 0 0
Total current assets 4.620.054 6.261.484
Shareholders
equity 1.678.483 2.425.851
Provisions 119.693 91.255
Long-term liabilities 249.579 0
Current liabilities 2.572.299 3.744.378
Minority interests 0 0
Miscellaneous
liabilities 0 0
Total liabilities 4.620.054 6.261.484
PROFIT
& LOSS ACCOUNT
Corporate in Euro(x
1) Euro(x 1)
---31-12-2005--- ------31-12-2006---
Turnover 0 0
Other income 0 0
Total expenses 0 0
Operating profit 1.512.318 1.139.801
Balance financial P/L -100.169 -82.569
Net profit/loss 1] 1.412.149 1.057.232
Taxation 441.157 309.864
Share in P/L of subsidiaries 0 0
Net profit/loss 2] 970.992 747.368
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 970.992 747.368
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Legend : 1]
= Before tax
2]
= After tax
FINANCIAL RATIOS
-----2005----- -----2006-----
EQUITY %
Equity gearing 36,3 38,7
Equity/outside
capital 57,1 63,2
LIQUIDITY
Current ratio 1,8 1,7
Acid test 1,2 0,6
RATES OF RETURN %
Total assets 30,6 16,9
Shareholders equity 84,1 43,6
Pre tax
margin % 0 0
Turnover rate 0 0
(x
1) (x 1)
-------------------- --------------------
Working capital 2.047.755 2.517.106
Shareholders equity + Equalization acc. 1.678.483 2.425.851
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.42.67 |
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UK Pound |
1 |
Rs.80.92 |
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Euro |
1 |
Rs.63.71 |
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%)