MIRA
INFORM REPORT
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Report Date : |
25.07.2012 |
IDENTIFICATION DETAILS
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Name : |
JOZ B.V. |
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Registered Office : |
Industrieweg 5 Westwoud, 1617 KK |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
01.10.1987 |
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Com. Reg. No.: |
36041158 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Manufacture of other agricultural and forestry machinery |
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No. of Employees : |
31 |
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 : |
Slow but Correct |
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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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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
Joz B.V.
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Business Description
Joz B.V. is primarily engaged in manufacture
of mowers including lawn mowers; manufacture of agricultural self-loading or
self-unloading trailers or semi-trailers; manufacture of agricultural machinery
for soil preparation, planting or fertilising (ploughs, manure spreaders,
seeders, harrows, etc.); manufacture of harvesting or threshing machinery
(harvesters, threshers, sorters, etc.); manufacture of milking machines;
manufacture of spraying machinery for agricultural use; and manufacture of
diverse agricultural machinery (poultry keeping machinery, bee-keeping
machinery, equipment for preparing fodder, etc.; and machines for cleaning,
sorting or grading eggs, fruit, seed, grain, etc.).
Industry
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Industry |
Construction and Agriculture Machinery |
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ANZSIC 2006: |
2461 - Agricultural Machinery and
Equipment Manufacturing |
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NACE 2002: |
2932 - Manufacture of other agricultural
and forestry machinery |
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NAICS 2002: |
33311 - Agricultural Implement
Manufacturing |
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2932 - Manufacture of other agricultural
and forestry machinery |
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US SIC 1987: |
3523 - Farm Machinery and Equipment |
Key Executives
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News
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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
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Corporate Overview
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Corporate Structure News
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Joz B.V. |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Westwoud, Noord-Holland |
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Miscellaneous Financial Services |
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Subsidiary |
Westwoud, Noord-Holland |
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Construction and Agriculture Machinery |
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31 |
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Subsidiary |
Westwoud, Noord-Holland |
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Construction and Agriculture Machinery |
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19 |
Executives Report
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Annual Profit & Loss
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31-Dec-2010 |
31-Dec-2009 |
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Period Length |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.755078 |
0.719047 |
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Consolidated |
No |
No |
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Gross profit |
6.4 |
8.0 |
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Total payroll costs |
2.6 |
2.8 |
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Change in value of fixed assets arising from revaluation |
0.2 |
0.2 |
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Other operating costs |
1.6 |
3.1 |
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Net operating income |
2.0 |
1.9 |
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Total financial income |
0.0 |
0.0 |
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Total expenses |
0.0 |
0.0 |
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Profit before tax |
2.0 |
1.8 |
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Profit on ordinary activities after tax |
1.6 |
1.3 |
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Total taxation |
0.4 |
0.5 |
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Profit after tax |
1.6 |
1.3 |
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Net profit |
1.6 |
1.3 |
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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 |
2.0 |
2.2 |
2.0 |
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Total reserves |
0.1 |
0.1 |
0.1 |
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Total stockholders equity |
2.1 |
2.3 |
2.1 |
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Provisions and allowances |
0.7 |
1.2 |
0.6 |
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Total current liabilities |
3.2 |
3.1 |
4.4 |
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Total liabilities (including net worth) |
6.1 |
6.6 |
7.0 |
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Intangibles |
0.1 |
0.1 |
0.1 |
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Total tangible fixed assets |
0.7 |
0.7 |
0.7 |
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Total asset investment |
0.0 |
0.0 |
0.0 |
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Total non-current assets |
0.8 |
0.8 |
0.8 |
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Net stocks and work in progress |
3.2 |
3.8 |
3.2 |
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Total receivables |
1.4 |
1.7 |
2.4 |
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Cash and liquid assets |
0.7 |
0.3 |
0.6 |
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Total current assets |
5.3 |
5.8 |
6.2 |
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Total assets |
6.1 |
6.6 |
7.0 |
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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 |
1.60 |
1.90 |
1.40 |
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Acid test ratio |
0.60 |
0.60 |
0.70 |
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Current liabilities to net worth |
1.56% |
1.38% |
2.13% |
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Fixed assets to net worth |
0.38% |
0.35% |
0.41% |
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Return on assets |
0.33% |
0.28% |
- |
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Shareholders' return |
0.98% |
0.82% |
- |
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Profit per employee |
38.41 |
30.98 |
- |
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Return on capital |
0.69% |
0.52% |
- |
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Average wage per employee |
50.20 |
47.42 |
- |
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Net worth |
2.1 |
2.3 |
2.0 |
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Number of employees |
39 |
42 |
33 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.56.01 |
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1 |
Rs.86.89 |
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Euro |
1 |
Rs.67.83 |
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.