MIRA
INFORM REPORT
|
Report Date : |
04.01.2008 |
IDENTIFICATION
DETAILS
|
Name : |
FTK Holland B.V. |
|
|
|
|
Registered Office : |
Klappolder 191-193, 2665 Mp Bleiswijk |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
30.09.2006 |
|
|
|
|
Date of Incorporation : |
02/01/1963 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Import and export of and wholesale in
vegetables and fruit. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Average 5 days beyond terms |
|
|
|
|
Litigation : |
Clear |
name & address
FTK Holland B.V.
Klappolder 191-193
2665 MP BLEISWIJK
Tel.:+31
(0)10-5241700
Fax.:+31
(0)10-5219616
Legal status
BV Private Company Ltd. acc. nat. law
Founded
02/01/1963, Ltd. since 16/11/1971
Trade register
29032900
Capital
nominal EUR 250.000,--
issued and paid up EUR 50.000,--
Management
R.P.M. Ahsman, born 14/07/1946, Lijsterlaan
43, 3055 CD ROTTERDAM
D. van Hilten, born 11/03/1952, Oudelandseweg 63A, 3253 LN OUDDORP ZH
-FTK Holland Holding BV,
Klappolder 191-193, 2665 MP BLEISWIJK
Activity
Import and export of and wholesale in
vegetables and fruit.
Trade name:
-FTK Organics
Staff
24 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
-FTK Holland Holding BV,
Klappolder 191-193, 2665 MP BLEISWIJK
The next financial data is extracted from the consolidated
balance sheet of 'FTK Holland B.V. '
Consolidated net result:
2006 Euro 785.476
2005 Euro 316.209
2004 Euro 170.171
The shareholders equity was as of:
30/09/2006 Euro 2.810.266
30/09/2005 Euro 2.172.460
30/09/2004 Euro 1.850.697
The working capital was
as of:
30/09/2006 Euro 3.017.424
30/09/2005 Euro 2.397.264
30/09/2004 Euro 1.828.794
Website: www.ftk.nl
The style as provided by you is not completely correct.
Export: Europe.
Import: worldwide.
Correspondence address:
PO box 81
2665 ZH Bleiswijk
Otto Reimers concerns an employee of subject matter.
Banks
Fortis Bank, Rotterdam
VAT-nr.
NL007170208B01
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 :
FTK Holland B.V.
Klappolder 191-193,
2665 MP BLEISWIJK
Trade register 29032900
----------------------------------------------------------------------------
FTK
Holland B.V. *** BALANCE SHEET ***
Consolidated
in Euro(x 1) Euro(x 1)
---30-09-2005--- ------30-09-2006---
Intangible
assets 0 0
Tangible
assets 9.560 12.575
Financial
assets 45.832 93.517
Miscellaneous
fixed assets 0 0
Total fixed assets 55.392 106.092
Stock 554.687 489.016
Receivables 3.669.771 4.352.277
Shares 0 0
Liquid
assets 646.220 835.620
Miscellaneous
current assets 0 0
Total current assets 4.870.678 5.676.913
Shareholders equity 2.172.460 2.810.266
Provisions 26.946 187.000
Long-term
liabilities 253.250 126.250
Current
liabilities 2.473.414 2.659.489
Minority
interests 0 0
Miscellaneous
liabilities 0 0
Total liabilities 4.926.070 5.783.005
----------------------------------------------------------------------------
FTK
Holland B.V. *** PROFIT & LOSS ACCOUNT ***
Consolidated
in Euro(x 1) Euro(x 1)
---30-09-2005--- ------30-09-2006---
Turnover 0 0
Other
income 0 0
Total
expenses 2.451.487 2.505.006
Operating
profit 487.794 1.078.991
Balance
financial P/L 3.957 27.138
Net
profit/loss 1] 491.751 1.106.129
Taxation 175.542 320.653
Share
in P/L of subsidiaries 0 0
Net
profit/loss 2] 316.209 785.476
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 316.209 785.476
----------------------------------------------------------------------------
Legend
: 1] = Before tax
2] = After tax
----------------------------------------------------------------------------
FTK
Holland B.V. *** FINANCIAL RATIOS ***
-----2005----- -----2006-----
EQUITY %
Equity
gearing 44,1 48,6
Equity/outside
capital 78,9 94,5
LIQUIDITY
Current
ratio 2 2,1
Acid
test 1,7 2
RATES
OF RETURN %
Total
assets 10 19,1
Shareholders equity 22,6 39,4
Pre
tax margin % 0 0
Turnover
rate 0 0
(x 1) (x 1)
-------------------- -------------------
Working
capital 2.397.264 3.017.424
Shareholders equity + Equalization acc. 2.172.460 2.810.266
----------------------------------------------------------------------------
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)