MIRA
INFORM REPORT
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Report Date : |
05.07.2012 |
IDENTIFICATION DETAILS
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Name : |
ENRAF-NONIUS B.V. |
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Registered Office : |
Vareseweg 127 |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
28.06.1990 |
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Com. Reg. No.: |
27230375 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Specialised wholesale not covered in one of the previous categories; and wholesale of a variety of goods without any particular specialisation. |
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No. of Employees : |
55 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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 – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Netherland |
A1 |
A1 |
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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 name and address
Enraf-Nonius B.V.
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Business Description
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Enraf-Nonius B.V. is primarily engaged in specialised wholesale not
covered in one of the previous categories; and wholesale of a variety of
goods without any particular specialisation. |
Industry
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Industry |
Miscellaneous Capital Goods |
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ANZSIC 2006: |
3739 - Other Goods Wholesaling Not
Elsewhere Classified |
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NACE 2002: |
5190 - Other wholesale |
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NAICS 2002: |
423990 - Other Miscellaneous Durable Goods
Merchant Wholesalers |
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5190 - Other wholesale |
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US SIC 1987: |
5047 - Medical, Dental, and Hospital
Equipment and Supplies |
Key Executives
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1 - Profit &
Loss Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064
Corporate Overview
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Corporate Structure News
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Enraf-Nonius
B.V. |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
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Miscellaneous Financial Services |
43.2 |
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Subsidiary |
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Miscellaneous Financial Services |
43.2 |
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Subsidiary |
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Miscellaneous Capital Goods |
42.4 |
55 |
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Subsidiary |
Sevran |
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Personal and Household Products |
2.8 |
4 |
Executives Report
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Annual Profit & Loss
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.755078 |
0.719047 |
0.683679 |
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Consolidated |
No |
No |
No |
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Total income |
42.4 |
42.9 |
- |
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Net sales |
42.4 |
- |
42.4 |
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Cost of goods sold |
- |
- |
26.5 |
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Cost of sales |
- |
- |
26.5 |
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Gross profit |
- |
- |
15.9 |
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Total payroll costs |
- |
- |
7.3 |
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Change in value of fixed assets arising from revaluation |
- |
- |
0.3 |
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Other operating costs |
- |
- |
6.4 |
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Total operating costs |
39.9 |
41.7 |
- |
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Net operating income |
2.5 |
1.1 |
1.9 |
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Total financial income |
- |
0.1 |
0.0 |
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Total expenses |
0.3 |
0.4 |
0.1 |
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Profit before tax |
2.2 |
0.8 |
1.9 |
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Profit on ordinary activities after tax |
1.6 |
0.6 |
1.4 |
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Total taxation |
0.6 |
0.2 |
0.5 |
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Profit after tax |
1.6 |
0.6 |
1.4 |
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Net profit |
1.6 |
0.6 |
1.4 |
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Annual Balance
Sheet |
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Financials in:
USD (mil) |
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Other reserves |
7.0 |
7.0 |
5.4 |
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Total reserves |
0.1 |
- |
- |
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Profit brought forward from previous year(s) |
1.7 |
0.6 |
1.3 |
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Total stockholders equity |
10.0 |
8.9 |
8.1 |
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Provisions and allowances |
0.6 |
0.7 |
0.6 |
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Total long-term liabilities |
0.6 |
0.2 |
0.6 |
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Trade creditors |
6.1 |
- |
- |
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Total current liabilities |
10.5 |
14.3 |
8.7 |
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Total liabilities (including net worth) |
21.7 |
24.2 |
18.0 |
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Intangibles |
0.1 |
- |
- |
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Total tangible fixed assets |
0.5 |
0.2 |
0.4 |
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Total non-current assets |
0.6 |
0.2 |
0.4 |
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Net stocks and work in progress |
4.1 |
4.4 |
4.1 |
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Trade debtors |
6.0 |
6.3 |
7.5 |
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Other receivables |
5.2 |
3.8 |
2.2 |
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Total receivables |
11.2 |
10.0 |
9.6 |
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Cash and liquid assets |
5.7 |
9.6 |
3.9 |
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Total current assets |
21.1 |
24.1 |
17.6 |
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Total assets |
21.7 |
24.2 |
18.0 |
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Annual Ratios |
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Financials in:
USD (mil) |
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Current ratio |
2.00 |
1.70 |
2.00 |
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Acid test ratio |
1.60 |
1.40 |
1.60 |
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Current liabilities to net worth |
1.06% |
1.60% |
1.07% |
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Fixed assets to net worth |
0.06% |
0.02% |
0.05% |
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Collection period |
50.70 |
- |
67.60 |
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Stock turnover rate |
10.40 |
- |
9.80 |
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Sales to net working capital |
4.00 |
- |
4.50 |
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Asset turnover |
1.98% |
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2.24% |
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Profit margin |
0.05% |
- |
0.04% |
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Return on assets |
0.10% |
0.03% |
0.10% |
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Shareholders' return |
0.23% |
0.09% |
0.22% |
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Sales per employee |
399.95 |
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366.77 |
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Profit per employee |
20.74 |
6.96 |
16.19 |
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Return on capital |
0.17% |
0.04% |
0.18% |
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Average wage per employee |
- |
- |
63.51 |
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Net worth |
9.9 |
8.9 |
8.1 |
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Number of employees |
80 |
79 |
79 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.54.55 |
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1 |
Rs.85.48 |
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Euro |
1 |
Rs.68.70 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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 |
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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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.