MIRA INFORM
REPORT
|
Report Date : |
15.03.2011 |
IDENTIFICATION DETAILS
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Name : |
DOMETIC SĀRL |
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Registered Office : |
17, Op der Hei,
9809 Hosingen |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
20.02.1967 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
manufacture and |
RATING & COMMENTS
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MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
EUR 4.600.000,00 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Regular |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
|
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
Dometic Sārl
17, Op der Hei
9809 Hosingen
Luxembourg
Phone +352
9207311
Fax +352
920731300
E-Mail info@dometic.lu
Internet www.dometic.lu
County
Court
Fiscal
number 1967/2400/379
VAT N° LU
105.180.71
Credit
opinion
Credits and
business connections are permissible.
Credit limit in
EUR 4.600.000,00
Structural
data
Legal form Sarl
Foundation 20.02.1967
as Société ā responsabilité limitée (Limited liability company)
Trade register
20.02.1967, RC Luxembourg, B 91.535
last
published entry on 20.02.1967 (New registration)
History
Date Reason Change
Change of registered business
address Move from: 9412 Vianden, 4, Rue
de la Frontičre
Change of registered business
address Move from: 9809 Hosingen, 14,
Op der Hei
08.10.2001 Change of name previous legal form: Electrolux Sārl
Capital 2.500.000,00
EUR
Shareholders
Dometic
Holding Sārl
9809
Hosingen, 17, Op der Hei : 100,00 %
Manager
9370072937 Andre Roux
27.06.2001
Business
activity
The
manufacture and sale of electric appliances, mainly refrigerators, cooling
Equipment
for medical applications, coolboxes for hotels and catering and cars.
Market
share in Luxemburg : 45 %
Subject
matter is part of the "Dometic" group of S- Stockholm which has some
3.600
employees and a combined turnover of about EUR 600.000.000,--
Staff and
Annual Sales
Fiscal
year
Staff 2010 2009 2008 2007 2006
Industrial workers 129 129 143 143
Employees 71 71 73 71
Total 200 200 216 214 abt.
197
Fiscal year 2009 2008 2007 2006
Turnover 37.018.195 EUR 39.717.447 EUR 41.080.407 EUR 34.323.682
EUR
2005 : 28.411.919 EUR
|
accounting acc. to |
HGB |
HGB |
|
reporting period |
01.01.2009 - 31.12.2009 |
01.01.2008 - 31.12.2008 |
|
Assets |
in EUR |
in EUR |
|
Balance
sheet total |
53.254.765,00 |
46.175.821,00 |
|
Land and buildings |
4.515.283,00 |
4.785.361,00 |
|
Technical equipment and
machines |
1.441.163,00 |
1.620.539,00 |
|
Factory and office equipment |
554.929,00 |
746.859,00 |
|
Down payments made, plant
under construction |
179.165,00 |
296.580,00 |
|
Raw materials and supplies |
1.318.739,00 |
1.597.304,00 |
|
Unfinished goods and work in
progress |
154.098,00 |
70.355,00 |
|
Finished goods |
467.561,00 |
561.219,00 |
|
Down payments made |
48.158,00 |
13.640,00 |
|
Accounts receivable |
5.395.585,00 |
6.281.004,00 |
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Receivables from affiliates |
35.283.535,00 |
27.621.573,00 |
|
Other assets |
515.611,00 |
|
|
Other receivables |
|
402.578,00 |
|
Cheque, cash in hand and in
banks |
3.380.938,00 |
2.174.980,00 |
|
Deferred items - assets - |
|
3.829,00 |
|
Liabilities |
in EUR |
in EUR |
|
Balance
sheet total |
53.254.765,00 |
46.175.821,00 |
|
Subscribed capital, credit
balance, capital accounts |
2.500.000,00 |
2.500.000,00 |
|
Legal reserves |
250.000,00 |
250.000,00 |
|
Other profit reserves |
120.936,00 |
|
|
Other reserves |
|
193.092,00 |
|
Profit carried forward |
35.336.220,00 |
27.086.472,00 |
|
Net profit |
7.828.201,00 |
8.249.748,00 |
|
Tax provisions |
311.565,00 |
179.110,00 |
|
Other provisions |
1.343.969,00 |
1.149.361,00 |
|
Liabilities towards credit
institutes |
2.369,00 |
2.253,00 |
|
Down payment received |
384.553,00 |
473.473,00 |
|
Accounts payable |
2.502.609,00 |
2.823.721,00 |
|
Liabilities towards affiliates |
205.928,00 |
702.280,00 |
|
Other liabilities |
2.468.415,00 |
1.931.006,00 |
|
Tax-VAT-liabilities |
|
146.316,00 |
|
Taxes and social security
contributions |
|
488.989,00 |
Net result:
2008 EUR 8.249.748,--
2007 EUR 6.779.691,--
2006 EUR 5.247.978,--
2005 EUR
2.856.346,--
2004 EUR
3.056.002,--
2003 EUR
2.969.017,--
Real Estate
Type of
real estate
Address
Market
value Mortgage
Business
premises
9809
Hosingen, 17, Op der Hei
examination
of the information on real estate property not possible for lack of insight
into land registration files
Examination
of information on real estate property not possible for lack of insight into
land register files.
Related
companies;
- Dometic,
USA- Elkhart/Indiana
- Dometic,
CDN- Ontario
- and othe sister
companies worldwide
Bankers
BGL BNP Paribas
SA
2951 Luxembourg
Dexia - Banque
Internationale ā Luxembourg S.A.
1470 Luxembourg
Banque et Caisse
d Epargne de l Etat, Luxembourg
1930
Payment
information and assessment of business connections
Payment
behaviour and Credit Opinion
Payment behaviour Within agreed terms
Economical
development
Company
developement constant company development
Order
situation satisfactory order situation
Negative
facts
There are
no negative facts.
Credit
opinion Credits and business
connections are permissible.
Credit
limit in EUR 4.600.000,00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.15 |
|
|
1 |
Rs.72.59 |
|
Euro |
1 |
Rs.62.95 |
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 |
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 |
This score serves as a reference to assess SCs 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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.