MIRA
INFORM REPORT
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Report Date : |
29.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
JOH. MATEBOER & ZN B.V. |
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Registered Office : |
Biezenstraat 4 8281 JG
Genemuiden |
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Country : |
Netherlands |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
01.01.1912 |
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Legal Form : |
BV Private Company Ltd. |
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Line of Business : |
Manufacture of and the
Export of and Wholesale business in Floor Covering 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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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
Joh. Mateboer
& Zn B.V.
Biezenstraat 4
8281 JG GENEMUIDEN
Tel.:+31
(0)38-3854544
Fax.:+31
(0)38-3856477
Legal
status
BV Private Company Ltd.
acc. nat. law
Founded
01/01/1912, Ltd. since
24/10/1990
Trade
register
05048607
Capital
Nominal EUR 45.000,--
Issued and paid up EUR 18.000,--
Management
J. Mateboer, born
25/01/1945, Zwanebloem 44, 8281 LD GENEMUIDEN
Activity
Manufacture of and the
export of and wholesale business in floor covering articles.
Trade
name
-Matros
Staff
45 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
-Joh. Mateboer & Zn Onroerend Goed BV,
Biezenstraat 4, 8281 JG GENEMUIDEN
Ultimate parent company
-Joh.
Mateboer & Zn Holding B.V.,
Biezenstraat 4, 8281 JG Genemuiden.
Net result:
2006 Euro 21.126
2005 Euro (94.149)
2004 Euro (348.485)
The
shareholders equity was as of:
31/12/2006 Euro 18.000
31/12/2005 Euro (424.483)
31/12/2004 Euro (330.334)
The working
capital was as of:
31/12/2006 Euro 2.516.387
31/12/2005 Euro 2.227.453
31/12/2004 Euro 1.963.686
Website :
www.matros.nl
Export :
Germany, Austria, Belgium and the UK
Export
share : 10 %
Correspondence
address:
Postbus 44
8280 AA GENEMUIDEN
Banks
Rabobank, Genemuiden,
32.14.03.347
ABN-AMRO NV, 59.81.27.194
VAT-nr.
NL800440602B01
Mode
of payment
Within terms
Credit
demand
No objections against
entering into a business relationship.
The following financial data is retrieved from the
corporate balance sheet of :
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 3.724.650 4.199.738
Receivables 3.712.972 3.367.992
Shares 0 0
Liquid assets 40.501 158.340
Miscellaneous
current assets 0 0
Total current
assets 7.478.123 7.726.070
Shareholders equity -424.483 18.000
Provisions 10.028 6.479
Long-term
liabilities 2.641.908 2.491.908
Current
liabilities 5.250.670 5.209.683
Minority interests 0 0
Miscellaneous liabilities 0 0
Total liabilities 7.478.123 7.726.070
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 196.573 333.032
Balance financial
P/L -337.619 -305.517
Net profit/loss 1] -141.046 27.515
Taxation -46.897 6.389
Share in P/L of subsidiaries 0 0
Net profit/loss 2] -94.149 21.126
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 -94.149 21.126
----------------------------------------------------------------------------------------------------------------
Legend : 1]
= Before tax
2]
= After tax
FINANCIAL
RATIOS
-----2005----- -----2006-----
EQUITY
%
Equity gearing -5,7 0,2
Equity/outside capital -5,4 0,2
LIQUIDITY
Current ratio 1,4 1,5
Acid test 0,7 0,7
RATES OF RETURN %
Total assets -1,9 0,4
Shareholders
equity 33,2 152,9
Pre tax margin
% 0 0
Turnover rate 0 0
(x
1) (x 1)
-------------------- --------------------
Working capital 2.227.453 2.516.387
Shareholders
equity + Equalization acc. -424.483 18.000
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%)