MIRA INFORM REPORT

 

 

Report Date :           

10.09.2011

 

IDENTIFICATION DETAILS

 

Name :

LISBETH DAHL AS

 

 

Registered Office :

Herstedvang 4, Albertslund, 2620

 

 

Country :

Denmark

 

 

Financials (as on) :

30.09.2010

 

 

Year of Establishment :

1989    

 

 

Legal Form :

Private Subsidiary Company

 

 

Line of Business :

Retailing New Floor Coverings

 

 

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

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct 

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Denmark

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address 

 

Lisbeth Dahl A/S

Herstedvang 4

Albertslund, 2620

Denmark

Tel:       +45 46 96 11 00

Fax:      +45 46 96 11 11

Web:  www.lisbethdahl.com

 

 

Synthesis     

 

Employees:                  18

Company Type:            Private Subsidiary

Corporate Family:          2 Companies

Ultimate Parent:            Holdingselskabet af 13. Juni 2007 ApS

Incorporation Date:         1989   

Financials in:                 USD |(Millions)

Fiscal Year End:            30-Sep-2010

Reporting Currency:       Danish Krone

Annual Sales:                0.0

Net Income:                   1.4

Total Assets:                 9.6

 

 

 

Business Description     

 

Lisbeth Dahl A/S is primarily engaged in retailing new floor coverings, such as rugs and carpets, vinyl floor coverings, and floor tile (except ceramic or wood only); or retailing new floor coverings in combination with installation and repair services.

 

 

Industry      

 

Industry            Retail (Specialty)

ANZSIC 2006:    4212 - Floor Coverings Retailing

NACE 2002:      5248 - Other retail sale in specialised stores

NAICS 2002:     442210 - Floor Covering Stores

UK SIC 2003:    52481 - Retail sale of floor coverings

US SIC 1987:    5713 - Floor Covering Stores

 

Key Executives    Bottom of Form

 

Name

Title

Nicolai Winding Andersen

Managing Director / Director, Board Member

Heidi Skeel Hansen

Finance Manager, DK

Lisbeth Dahl

Purchasing Executive, Production Director

Ole Ejner Viggo Andersen

Bestyrelsesformand

Nadia Seistrup

Board Member

 

 

News   

 

Title

Date

girly treats
Mirror (UK) (641 Words)

7-Apr-2011

keep it red hot..
Mirror (UK) (614 Words)

17-Feb-2011

MORE FOR LESS
Evening Standard (London, UK) (1016 Words)

3-Dec-2010

 

 

1 - Profit & Loss Item Exchange Rate: USD 1 = DKK 5.510584

2 - Balance Sheet Item Exchange Rate: USD 1 = DKK 5.4587

 

 

Corporate Overview

 

Location

Herstedvang 4

Albertslund, 2620

Denmark

Tel:       +45 46 96 11 00

Fax:      +45 46 96 11 11

Web:    www.lisbethdahl.com

           

Sales DKK(mil):             0.0

Assets DKK(mil):           52.4

Employees:                   18

Fiscal Year End:            30-Sep-2010

Industry:                        Retail (Specialty)

Incorporation Date:         1989

Company Type:             Private Subsidiary

Quoted Status:              Not Quoted

Registered No.(DNK):     13633630

Managing Director /

Director, Board Member: Nicolai Winding Andersen

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Key Corporate Relationships

 

Industry Codes

 

ANZSIC 2006 Codes:

3731     -          Furniture and Floor Covering Wholesaling

4212     -          Floor Coverings Retailing

 

NACE 2002 Codes:

5147     -          Wholesale of other household goods

5248     -          Other retail sale in specialised stores

 

NAICS 2002 Codes:

442210  -          Floor Covering Stores

423220  -          Home Furnishing Merchant Wholesalers

42322   -          Home Furnishing Merchant Wholesalers

 

US SIC 1987:

5023     -          Home furnishings

5713     -          Floor Covering Stores

 

UK SIC 2003:

52481   -          Retail sale of floor coverings

5147     -          Wholesale of other household goods

 

Business Description

Lisbeth Dahl A/S is primarily engaged in retailing new floor coverings, such as rugs and carpets, vinyl floor coverings, and floor tile (except ceramic or wood only); or retailing new floor coverings in combination with installation and repair services.

 

Financial Data

Financials in:

DKK(mil)

 

Revenue:

0.0

Net Income:

7.9

Assets:

52.4

Total Liabilities:

0.0

 

 

 

Date of Financial Data:

30-Sep-2010

 

1 Year Growth

NA

NA

NA

 

Key Corporate Relationships

Bank:

Amagerbanken

 

 

 

 

 

 

 

 

 

 

Corporate Family

Corporate Structure News:

 

Lisbeth Dahl A/S

Total Corporate Family Members: 2 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

 

Holdingselskabet af 13. Juni 2007 ApS

Parent

 

 

 

 

 

 

Lisbeth Dahl A/S

Subsidiary

Albertslund

Denmark

Retail (Specialty)

0.0

18

 

 

 

Executive report

 

Board of Directors

 

Name

Title

Function

 

Ole Ejner Viggo Andersen

 

Bestyrelsesformand

Director/Board Member

 

Nadia Seistrup

 

Board Member

Director/Board Member

 

Nicolai Winding Andersen

 

Managing Director / Director, Board Member

Director/Board Member

 

 

Executives

 

Name

Title

Function

 

Nicolai Winding Andersen

 

Managing Director / Director, Board Member

Managing Director

 

Heidi Skeel Hansen

 

Finance Manager, DK

Finance Executive

 

Lisbeth Dahl

 

Purchasing Executive, Production Director

Product Management Executive

 

 

 

Annual Profit & Loss

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

DKK

DKK

DKK

Exchange Rate (Period Average)

5.510584

5.509748

4.969273

Consolidated

No

No

No

 

 

 

 

Gross Profit

4.3

3.4

4.4

Operating Income

1.9

0.9

1.4

Net Income

1.4

0.7

1.1

 

 

 

Annual Balance Sheet

 

Financials in: USD (mil)

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

Filed Currency

DKK

DKK

DKK

Exchange Rate

5.4587

5.09315

5.3118

Consolidated

No

No

No

 

 

 

 

Total Assets

9.6

8.5

8.9

Provisions

0.0

-

-

Total Liabilities

-

2.6

2.1

Total Equity

6.2

5.9

6.9

 

 

Annual Ratios

 

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

-

-

-

Exchange Rate

-

-

-

Consolidated

No

No

No

 

 

 

 

Current Ratio

263.99

301.18

417.05

Total debt/total equity

64.78

69.04

76.60

Return on average equity

23.35

12.00

15.47

 

 

Annual Growth Rates

 

 

 

 

30-Sep-2009

30-Sep-2008

Period Length

12 Months

12 Months

Filed Currency

-

-

Exchange Rate

-

-

Consolidated

No

No

 

 

 

Marginal Contribution Percent Change

26.91%

-16.05%

Operating Results Percent Change

112.80%

-29.27%

Profit/Loss for the Year Percent Change

120.00%

-36.09%

Assets Percent Change

20.49%

-8.55%

Debts Percent Change

-

21.03%

Equity Capital Percent Change

13.07%

-17.58%

Current Ratio Percent Change

-12.35%

-27.78%

Debt/Equity Ratio Percent Change

-6.17%

-9.87%

Retun On Equity Percent Change

94.58%

-22.43%

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.46.38

UK Pound

1

Rs.74.01

Euro

1

Rs.64.48

 

 

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

----

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.