MIRA INFORM REPORT

 

 

Report Date :

10.02.2012

 

IDENTIFICATION DETAILS

 

Name :

KGT KOOL GRAPHIC TRADE B.V.

 

 

Registered Office :

Edisonweg 1 5482TJ Schijndel

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

01.04.1987

 

 

Legal Form :

Besloten Vennootschap

 

 

Line of Business :

Wholesale of machines for the graphics industry

 

 

No. of Employees :

15

 

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

 

Maximum Credit Limit :

€ 400.000

Status :

Good

Payment Behaviour :

No Complaints

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Netherlands

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

CONTACTINFORMATION    

 

Company name

Kgt Kool Graphic Trade B.V.

Tradename

KGT Kool Graphic Trade B.V.

Address

Edisonweg 1

 

5482TJ Schijndel

 

Netherlands

Mail address

Postbus 123

 

5480AC Schijndel

 

Netherlands

Telephone number

0735442500

Telefax number

0735494064

E-mail address

kool@kgt.nl

Website

www.kgt.nl

VAT number / RSIN

813488205

 

 

CREDIT LIMIT

 

Credit limit                                 A credit of € 400.000 may be granted

 

 

COMPANY INFORMATION

 

Handelsregisternummer 17166197

 

Registered in                             Chamber of commerce Brabant

 

First registration                         01-06-2004

Act of foundation                        26-05-2004

Date of constitution                    01-04-1987

Continuation date                       26-05-2004

 

Legal form                                 Besloten Vennootschap

 

Place of constitution                   Schijndel

 

 

 

 

Capital

EUR 90.000

 

Issued capital

EUR 18.000

 

Paid up capital

EUR 18.000

 

 

NACE-code                   Wholesale of machines for the graphics industry (51871)

SBI-code                       Wholesale of machines for the graphics industry (46681)

 

Formal objective             De handel in en de im- en export van grafische machinery en andere kapitaalgoederen, alsmede de revisie en het onderhoud van grafische machinery

 

 

Employees

Total: 15

 

 

Employees according to CoC

Chamber of commerce: 15

 

 

Bookyear

2012

2010

2009

Number

15

16

15

Change

-6,25%

6,67%

-6,25%

 

 

COMPANY STRUCTURE

 

Shareholder                                           Kgt Holding B.V.

Edisonweg 1

5482TJ SCHIJNDEL

Netherlands

KvK: 16053441

Active since: 26-05-2004

Percentage: 100.00%

 

Ultimate shareholder/ manager                Kga Kool Graphic Advice B.V. Empelsedijk 9

5235AD 'S-HERTOGENBOSCH

Netherlands

KvK: 16080213

 

KGS Kool Graphic Sales B.V. Sint Nikolaasstraat 47

5268EJ HELVOIRT

Netherlands

KvK:16086649

 

Stichting Administratiekantoor KGT Holding Edisonweg 1

5482TJ SCHIJNDEL

Netherlands

KvK: 17166795

 

Ultimate parent company                                    Stichting Administratiekantoor KGT Holding Edisonweg 1

5482TJ SCHIJNDEL

KvK: 17166795

 

Holding company                                               Kgt Holding B.V.

Edisonweg 1

5482TJ SCHIJNDEL KvK: 16053441

 

Affiliated companies                                           Kgt Kool Graphic Machinery B.V.

 

Edisonweg 1

 

5482TJ SCHIJNDEL

 

KvK: 17167596

 

Bank                                                                 Rabobank Netherlands

 

 

MANAGEMENT   

 

Management

Kgt Holding B.V.

 

Edisonweg 1

 

5482TJ SCHIJNDEL

 

Netherlands

 

KvK: 16053441

 

Authorization: Limited authorization

 

Position: Manager

 

Date appointed: 26-05-2004

 

PAYMENT INFORMATION

 

Payment Experiences                According to terms

Payments                                 Based on multiple up to € 7.500

Quarter: 2 2011: 31 Average days

Quarter: 3 2011: 32 Average days

Quarter: 4 2011: 32 Average days

Quarter: 1 2012: 32 Average days

 

 

invoices

current quarter

2011 Q4

2011 Q3

2011 Q2

Total

32

100%

4.189

4.181

4.189

4.196

Within terms

28

96,7%

4.050

4.008

4.050

4.092

Delayed 0 - 30

4

3,3%

139

173

139

104

Delayed 31 - 60

 

 

 

 

 

 

Delayed 61 - 90

 

 

 

 

 

 

Delayed 91 - 120

 

 

 

 

 

 

Delayed 120+ days

 

 

 

 

 

 

 

 

FINANCIAL INFORMATION

 

Publication financial statement                Annual accounts 2010 are published on 22-06-2011

Annual accounts 2009 are published on 26-07-2010

Annual accounts 2008 are published on 16-09-2009

Annual accounts 2007 are published on 13-11-2008

 

Type of publication                                 Corporate

Publication                                            Steady

 

 

CORE FIGURES

 

BOOKYEAR                                          2010                             2009                             2008

Quick ratio                                            1,21                              1,03                              0,70

Current ratio                                          3,36                              1,74                              1,91

 

Nett workingcapital / Balance total

0,70

0,42

0,46

Capital and reserves / Balance total

0,68

0,42

0,48

Capital and reserves / Fixed assets

195,03

22,09

14,31

Solvency

2,31

0,75

0,95

Nett workingcapital

3.995.257

3.208.474

3.335.000

Capital and reserves

3.900.516

3.256.312

3.477.000

Change capital and reserves

19,78%

-6,35%

6,40%

change short term liabilities

-60,96%

18,01%

-9,57%

Operating profit

908.734

-169.222

331.000

Profitability operating profit

positive

negative

positive

 

Annual accounts                                    The company is obligated to publish its annual accounts

Last annual accounts                             2010

 

Type of publication                                 Corporate

 

Gross profit                                           2010: 3.201.169

2009: 2.041.342

2008: 2.524.000

2007: 3.395.000

2006: 3.089.000

 

Operating profit                                      2010: 908.734

2009: -169.222

2008: 331.000

2007: 1.200.000

2006: 1.140.000

 

Result after taxes                                   2010: 644.204

2009: -221.090

2008: 209.000

2007: 843.000

2006: 747.000

 

Tendency                                              Changeable

 

Tendency capital and reserves

 

 

 

Capital and reserves                   2010 3.900.516

 

Total debt                                  2010 1.804.694

 

Current ratio                              2010 3,36

 

Quick ratio                                2010 1,21

 

Nett workingcapital                     2010 3.995.257

 

Profitability                                Sufficient

 

Solvency                                   More than sufficient

 

Liquidity                                    More than sufficient

 

 

 

 

BALANCE

 

BOOKYEAR

2010

2009

2008

End of bookyear

31-12-2010

31-12-2009

31-12-2008

Financial assets

20.000

147.400

243.000

Fixed assets

20.000

147.400

243.000

 

Stocks and work in progress

3.647.596

3.073.204

4.435.000

Accounts receivable

1.767.392

2.107.978

677.000

Liquid assets

270.222

2.355.920

1.890.000

Current assets

5.685.210

7.537.102

7.003.000

Total assets

5.705.210

7.684.502

7.246.000

 

Capital and reserves

3.900.516

3.256.312

3.477.000

Provisions

114.741

99.562

101.000

Other short term debts

1.689.953

4.328.628

3.668.000

Total short term debt

1.689.953

4.328.628

3.668.000

Total debt

1.804.694

4.428.190

3.769.000

Total Liabilities

5.705.210

7.684.502

7.246.000

 

PROFIT & LOSS ACCOUNT

 

 

 

BOOKYEAR

2010

2009

2008

Gross profit

3.201.169

2.041.342

2.524.000

Wages employees

925.185

913.379

917.000

Other operating charges

1.367.250

1.297.185

1.277.000

Operating charges

2.292.435

2.210.564

2.194.000

Operating profit

908.734

-169.222

331.000

Financial income

20.109

25.690

59.000

Financial charges

76.337

122.437

130.000

Financial result

-56.228

-96.747

-71.000

Result before taxes

852.506

-265.969

259.000

Income taxes

208.302

-44.879

50.000

Result after taxes

644.204

-221.090

209.000

Nett result

644.204

-221.090

209.000

 

 

Company structure

 

• Stichting Administratiekantoor KGT Holding (17166795) SCHIJNDEL

° Kgt Holding B.V. (16053441)

SCHIJNDEL

Subsidiary

■ Kgt Kool Graphic Trade B.V. (17166197) Schijndel

Subsidiary (100%)

■ Kgt Kool Graphic Machinery B.V. (17167596)

SCHIJNDEL

Subsidiary (100%)

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.29

UK Pound

1

Rs.78.10

Euro

1

Rs.65.59

 

 

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.