MIRA INFORM REPORT
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Report Date : |
05.05.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
DANSK SUPERMARKED AS |
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Registered Office : |
Bjødstrupvej 18 |
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Country : |
Denmark |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
24.07.1956 |
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Com. Reg. No.: |
35954716 A/S |
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Legal Form : |
Limited Company |
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Line of Business : |
Other retail sale in non-specialized stores |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
Estimated 10.000.000 DK |
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Status : |
Good |
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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) |
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Denmark |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company ID
Main name DANSK
SUPERMARKED A/S
Main address BJØDSTRUPVEJ
18
City Denmark
Phone-no. +45-89-303030
Nat. partner
ID-no. 212502
ID-/Reg.-no. 35954716
A/S
Legal form Limited
company
Company
Status Active
Activity
Activity 47.19 Other retail sale in
non-specialized stores
47.11 Retail sale in
non-specialised stores with food, b
46.39 Non-specialized
wholesale of food, beverages and t
47.71 Retail sale of
clothing in specialised stores
No of employees
empl 16700
Management Information
Management ERLING JENSEN
Board of
directors NILS SMEDEGAARD ANDERSEN
(Chairman of the board)
TROND ØDEGÅRD WESTLIE
ERLING JENSEN (Member of
the board)
ALAN JENSEN (Member of the
board)
ANNE PINDBORG (Member of
the board)
JESPER CRAMON (Member of
the board)
CHRISTIAN KRONBORG
ANDREASEN (Member of the board)
GERT GJEVNØE TORSTENSSON
(Member of the board)
PETER NIELSEN (Member of
the board)
Historical Data
Established 1960
Registered 1956-07-24
Credit Facilities
Bankers DANSKE BANK
STORKUNDER DANMARK HOLMENS KANAL 2 1092
- KØBENHAVN K
NORDEA BANK
DANMARK A/S ÅRHUS ERHVERVSAFDELING SKT.
- CLEMENS TO
Financial data
Currency Danish Krone
<* *>
Closing date 2010-12-31 2009-12-31 2008-12-31
Source Ann. report Ann. report Ann. report
Turnover 37.795.000.000 37.301.000.000 37.498.000.000
Costs 36.464.000.000 35.765.000.000 36.066.000.000
Ordinary
result 2.407.000.000 2.451.000.000 1.940.000.000
Tax 381.000.000 446.000.000 324.000.000
Annual result 2.026.000.000 2.005.000.000 1.616.000.000
<* Assets *>
Fixed assets 14.401.000.000 12.796.000.000 11.696.000.000
Current assets 7.867.000.000 8.199.000.000 7.573.000.000
<* Liabilities
*>
Equity capital 15.781.000.000 13.825.000.000 12.640.000.000
Share capital 500.000.000 500.000.000 500.000.000
Short-term
debts 6.095.000.000 6.816.000.000 6.304.000.000
Company Ratios
Gearing I 441,67 662,39 667,80
Acid test ratio
I 129,07 120,29 120,13
Acid test ratio
II 78,54 80,72 78,24
Return on investment 5,98 7,32 7,43
Return on
equity 15,25 17,73 15,35
Solvency ratio 70,87 65,85 65,60
Property
Property No
Corporate Structure
Parent
company A.P. MØLLER - MÆRSK A/S
(ID:177750) (68%)
Shareholder F. SALLING INVEST A/S (ID:126716)
(16%)
- (Shareholder)
F. SALLING HOLDING A/S
(ID:141994) (16%)
- (Shareholder)
Subsidiaries NETTO SUPERMARKT GMBH (100%)
NETTO FOODSTORES LTD (100%)
D.S. FORSIKRING A/S
(ID:825834) (100%)
NETTO SP ZOO (100%)
DANSK SUPERMARKED
EJENDOMME A/S (ID:825825) (100%)
NETTO MARKNAD AB (100%)
NETTO UKRAINE LLC (99%)
Secondary
names(s) ADMINISTRATIONSSELSKABET AF
11/3 1980 A/S
AKTIESELSKABET AF 1. JULI 1978
BILKA A/S
BILKA
LAVPRISVAREHUS A/S
BILKA STORMARKED A/S
Payment profile
Payment
profile Payment regular
Credit Summary
Credit limit Estimated 10.000.000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.44.59 |
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UK Pound |
1 |
Rs.73.42 |
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Euro |
1 |
Rs.66.04 |
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 |
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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NB |
New Business |
---- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.