MIRA
INFORM REPORT
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Report Date : |
18.03.2008 |
IDENTIFICATION
DETAILS
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Name : |
HKP EUROPE B.V. |
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Registered Office : |
Beckumerstraat 213 7548 BE
Enschede |
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Country : |
Belgium |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
19.08.2003 |
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Legal Form : |
BV Private Company Limited |
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Line of Business : |
Development
of and the Trade, including Import/Export, in Industrial Products and its
Spare Parts; agent for the sale of and Brokerage with the sale of Industrial
Products |
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 20.000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
HKP Europe B.V.
Beckumerstraat 213
7548 BE ENSCHEDE
Tel.:+31
(0)53-4280935
Fax.:+31
(0)53-4280936
Legal status
BV Private Company Ltd. acc. nat. law
Founded
19/08/2003 as Ltd.
Trade register
08117899
Capital
Nominal EUR 90.000,--
Issued and paid up EUR 18.000,--
Management
-Tessan BV,
Beckumerstraat 213, 7548 BE ENSCHEDE
Activity
Development
of and the trade, including import/export, in industrial products and its spare
parts; agent for the sale of and brokerage with the sale of industrial
products.
Staff
1 employee.
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
-Tessan BV,
Beckumerstraat
213, 7548 BE ENSCHEDE
The
shareholders equity was as of:
31/12/2006 Euro 182.331
31/12/2005 Euro 123.937
31/12/2004 Euro 71.421
The working
capital was as of:
31/12/2006 Euro 154.951
31/12/2005 Euro 112.983
31/12/2004 Euro 60.268
Website:
www.hkpeurope.com
Banks
Rabobank, 03.96.86.255
VAT-nr.
NL812213385B01
Mode
of payment
No complaints have been
registered
Credit
demand
No objections against
entering into a business relationship.
A maximum credit limit of
EUR 20.000 is advised
The following financial data is retrieved from the corporate balance
sheet :
BALANCE
SHEET
Corporate in Euro(x
1) Euro(x 1)
---31-12-2005--- ------31-12-2006---
Intangible assets 0 0
Tangible assets 10.954 27.380
Financial assets 0 0
Miscellaneous fixed assets 0 0
Total fixed assets
10.954 27.380
Stock 0 0
Receivables 41.788 102.365
Shares 0 0
Liquid assets 89.479 78.051
Miscellaneous current assets 0 0
Total current assets 131.267 180.416
Shareholders
equity 123.937 182.331
Provisions 0 0
Long-term liabilities 0 0
Current liabilities 18.284 25.465
Minority interests 0 0
Miscellaneous
liabilities 0 0
Total
liabilities 142.221 207.796
FINANCIAL RATIOS
-----2005----- -----2006-----
EQUITY %
Equity gearing 87,1 87,7
Equity/outside
capital 677,8 716
LIQUIDITY
Current ratio 7,2 7,1
Acid test 7,2 7,1
RATES OF RETURN %
Total assets 0 0
Shareholders equity 0 0
Pre tax
margin % 0 0
Turnover rate 0 0
(x
1) (x 1)
------------------- --------------------
Working capital 112.983 154.951
Shareholders equity + Equalization acc. 123.937 182.331
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%)