MIRA
INFORM REPORT
|
Report Date : |
18.07.2008 |
IDENTIFICATION
DETAILS
|
Name : |
CLAIRE GROUP A S |
|
|
|
|
Registered Office : |
Marsvej 6, City
7430 Ikast |
|
|
|
|
Country : |
Denmark |
|
|
|
|
Financials (as on) : |
31.12.2007 |
|
|
|
|
Year of Establishment : |
1975 |
|
|
|
|
Com. Reg. No.: |
51832728 A/S |
|
|
|
|
Legal Form : |
Limited Company |
|
|
|
|
Line of Business : |
Wholesale of Cothing and Footwear Manufacture of other Knitted and Crocheted Apparel |
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 |
|
Maximum Credit Limit : |
DK 10.000.000 (Estimated) |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
Company
ID
Main name CLAIRE GROUP A/S
Main address MARSVEJ 6
City 7430 IKAST
Country Denmark
Phone-no. +45-97-153122
Fax-no. +45-97-154309
Nat. partner ID-no. 152405
ID-/Reg.-no. 51832728 A/S
Legal form Limited company
Company Status Active
Latest change 2008-07-01
Activity
Activity 46.42 Wholesale
of clothing and footwear
14.39
Manufacture of other knitted and crocheted apparel
No of employees empl 88
Management
Information
Management ANDERS EJLSKOV HUST (Managing director)
Board of directors POUL WENTZER LICHT (Chairman of the
board)
ANDERS EJLSKOV HUST (Member of
the board)
NIKOLAJ ANDERS HUST (Member of
the board)
CARL AAGE NIELSEN (Member of the
board)
Historical
Data
Established 1975
Registered 1998-01-28
Credit
Facilities
Bankers DANSKE BANK HERNING
AFDELING DALGASGADE 27 7400
- HERNING
Financial
data
Currency Danish Kroner
Closing date 2007-12-31 2006-12-31
2005-12-31
Source Ann.
report Ann. report Ann. report
Turnover
134.900.000
144.963.000 163.888.000
Costs
138.171.000 141.717.000 153.928.000
Ordinary result
-1.934.000 2.843.000 3.041.000
Tax
351.000 895.000 197.000
Annual result
-2.285.000 1.948.000 2.844.000
<* Assets *>
Fixed assets
61.591.000 42.236.000 24.704.000
Current assets
105.644.000
101.525.000 112.904.000
<* Liabilities *>
Equity capital
81.373.000 86.384.000 59.941.000
Share capital
10.166.000 10.888.000 10.888.000
Short-term debts
85.862.000 57.377.000 77.667.000
<* Company Ratios *>
Gearing I
434,04 129,97 220,41
Acid test ratio I
123,04 176,94 145,37
Acid test ratio II
81,58 127,16 102,72
Return on investment
-1,96 2,26 7,24
Return on equity -2,38 3,29
5,07
Solvency ratio
48,66 60,09 43,56
Property
Property No
Corporate Structure
Shareholder ANDERS EJLSKOV HUST
(Shareholder)
Subsidiaries HUST 2008 A/S
(ID:34283) (100%)
CLAIRE RETAIL
A/S (ID:43122) (100%)
CLAIRE BY
FJAND-TEX LTD (100%)
CLAIRE INVEST
APS (ID:180297) (100%)
CLAIRE BY FJAND
TEX-NORGE AS (100%)
CLAIRE HELLAS LTD. (100%)
Associated business ANDERS HUST
HOLDING APS (ID:1323011) (26%)
Secondary names(s) BABY CLAIRE A/S
BABY FACTS A/S
BASIC ELEMENT BY CLAIRE A/S
CLAIRE BY FJAND TEX A/S
CLAIRE CONCEPT A/S
Payment profile
Payment profile Payment regular
Credit
Summary
Risk class Normal
Credit limit Estimated
10.000.000
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.42.78 |
|
UK Pound |
1 |
Rs.85.51 |
|
Euro |
1 |
Rs.67.90 |
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%)