MIRA INFORM REPORT

 

 

Report Date :           

09.07.2012

 

IDENTIFICATION DETAILS

 

Name :

DENO COMPRESSORS B.V.

 

 

Registered Office :

Van Der Giessenweg 49, Krimpen Aan Den Ijssel, 2921 LP

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

27.10.1980

 

 

Com. Reg. No.:

24140033

 

 

Legal Form :

Private Subsidiary Company

 

 

Line of Business :

manufacturing diesel, semi-diesel, or other internal combustion engines

 

 

No. of Employees :

11

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Unknown

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

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Netherlands

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

Company name & address 

 

Deno Compressors B.V.

Van Der Giessenweg 49

Krimpen Aan Den Ijssel, 2921 LP

Netherlands

Tel:       +31 0180-442288

Fax:      +31 0180-522222

 

 

Synthesis     

 

Employees:                  11

Company Type:            Private Subsidiary

Corporate Family:          2 Companies

Ultimate Parent:            Deno Trading B.V.

Incorporation Date:         27-Oct-1980    

Financials in:                 USD (Millions)

Fiscal Year End:            31-Dec-2010

Reporting Currency:       Euro

Annual Sales:               NA

Total Assets:                 3.6

 

 

Business Description     

 

Deno Compressors B.V. is primarily engaged in manufacturing diesel, semi-diesel, or other internal combustion engines, not elsewhere classified, for stationary, marine, traction, and other uses.

 

 Industry            

Industry            Miscellaneous Capital Goods

ANZSIC 2006:    2499 - Other Machinery and Equipment Manufacturing Not Elsewhere Classified

NACE 2002:      2911 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

NAICS 2002:     33361 - Engine, Turbine, and Power Transmission Equipment Manufacturing

UK SIC 2003:    2911 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

US SIC 1987:    3519 - Internal Combustion Engines, Not Elsewhere Classified

 

Registered No.(NLD): 24140033

 

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783

2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064

 

Corporate Overview

 

Location

Van Der Giessenweg 49

Krimpen Aan Den Ijssel, 2921 LP

Netherlands

Tel:       +31 0180-442288

Fax:      +31 0180-522222

           

Sales EUR(mil):             NA

Assets EUR(mil):           2.7

Employees:                   11

Fiscal Year End:            31-Dec-2010

Industry:                        Miscellaneous Capital Goods

Incorporation Date:         27-Oct-1980

Company Type:             Private Subsidiary

Quoted Status:              Not Quoted

Registered No.(NLD):     24140033

 

Contents

Industry Codes

Business Description

Financial Data

Key Corporate Relationships

 

 

Industry Codes

 

ANZSIC 2006 Codes:

2499     -          Other Machinery and Equipment Manufacturing Not Elsewhere Classified

 

NACE 2002 Codes:

2911     -          Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

 

NAICS 2002 Codes:

33361   -          Engine, Turbine, and Power Transmission Equipment Manufacturing

 

US SIC 1987:

3519     -          Internal Combustion Engines, Not Elsewhere Classified

 

UK SIC 2003:

2911     -          Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

 

Business Description

Deno Compressors B.V. is primarily engaged in manufacturing diesel, semi-diesel, or other internal combustion engines, not elsewhere classified, for stationary, marine, traction, and other uses.

 

Financial Data

Financials in:

EUR(mil)

 

Assets:

2.7

Current Assets:

2.7

 

Total Liabilities:

2.7

 

Net Worth:

0.3

 

 

 

Date of Financial Data:

31-Dec-2010

 

1 Year Growth

NA

 

Key Corporate Relationships

Bank:

Postbank NV

 

 

 

 

 

 

 

 

 

 

Corporate Family

Corporate Structure News:

 

Deno Compressors B.V.

Deno Compressors B.V. 
Total Corporate Family Members: 2 

 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

 

Deno Trading B.V.

Parent

 

 

 

 

 

 

Deno Compressors B.V.

Subsidiary

Krimpen Aan Den Ijssel, Zuid-Holland

Netherlands

Miscellaneous Capital Goods

 

11

 

 

 

 

 

Annual Financial Reports

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Surplus of revaluation

0.0

0.0

0.0

Other reserves

0.2

-0.1

-0.6

Profit brought forward from previous year(s)

0.1

0.3

0.5

Total stockholders equity

0.4

0.3

0.0

Provisions and allowances

0.1

0.1

0.0

Total long-term liabilities

0.3

0.4

0.9

Total current liabilities

2.8

3.2

2.7

Total liabilities (including net worth)

3.6

4.0

3.5

Total tangible fixed assets

0.0

0.0

0.0

Total non-current assets

0.0

0.0

0.0

Net stocks and work in progress

2.4

2.1

2.3

Total receivables

1.1

1.9

1.2

Cash and liquid assets

0.1

0.0

0.0

Total current assets

3.6

4.0

3.5

Total assets

3.6

4.0

3.5

 

 

Annual Ratios

Financials in: USD (mil)

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Current ratio

1.30

1.30

1.30

Acid test ratio

0.40

0.60

0.40

Current liabilities to net worth

6.75%

10.00%

-10.00%

Fixed assets to net worth

0.03%

0.05%

-0.99%

Net worth

0.4

0.3

0.0

Number of employees

11

11

13

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.41

UK Pound

1

Rs.86.04

Euro

1

Rs.68.60

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

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.