MIRA
INFORM REPORT
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Report Date : |
18.05.2012 |
IDENTIFICATION DETAILS
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Name : |
STAALKAT INTERNATIONAL B.V. |
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Registered Office : |
Ambachtsstraat 4, 7122MP Aalten |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
18.11.1998 |
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Com. Reg. No.: |
09102326 |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacturer of packaging machines |
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No. of Employees : |
86 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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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A2 |
A2 |
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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 |
CONTACTINFORMATION
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Company name |
Staalkat
International B.V. |
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Tradename |
Staalkat International B.V. |
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Sanovo Technology |
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Sanovo Technology |
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Address |
Ambachtsstraat 4 |
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7122MP Aalten |
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Mail address |
Postbus 70 |
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7120AB Aalten |
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Telephone number |
0543473868 |
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Telefax number |
0543474995 |
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E-mail address |
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Website |
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VAT number / RSIN |
807264714 |
COMPANY INFORMATION
Handelsregisternummer 09102326
Registered in Chamber
of commerce Centraal Gelderland
First registration 18-11-1998
Act of foundation 17-11-1998
Date of constitution 17-11-1998
Legal form Besloten
Vennootschap (Limited Company)
Place of constitution Aalten
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Capital |
EUR 2.722.681,30 |
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Issued capital |
EUR 567.225,27 |
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Paid up capital |
EUR 567.225,27 |
NACE-code Manufacture
of packaging machines (292401)
SBI-code Manufacture
of other general-purpose machinery and equipment n.e.c. (2829)
Manufacture of machinery
for agriculture and forestry (no tractors) (283002)
Formal objective De fabricage en
ontwikkeling van verpakkings- en sorteermachines
(Formal objectifying
The manufacture and development of packagingand sorting)
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Employees |
Total: 86 |
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Employees according to CoC |
Chamber of commerce: 86 |
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Bookyear |
2012 |
2011 |
2010 |
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Number |
86 |
115 |
117 |
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Change |
-25,22% |
-1,71% |
25,81% |
COMPANY STRUCTURE
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Shareholder |
Staalkat Beheer B.V. |
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Ambachtsstraat 4 |
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7122MP AALINN |
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KvK: 09090630 |
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Active since: 17-11-1998 |
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Percentage: 100.00% |
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Ultimate parent company |
Sanovo Technology A/S |
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990005234723 |
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Holding company |
Staalkat Beheer B.V. |
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Ambachtsstraat 4 |
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7122MP AALINN |
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KvK: 09090630 |
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Bank |
ABN Amro Bank NV |
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Account number: 46.51.04.800 |
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ING Bank NV |
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ABN AMRO Bank |
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Account number: 52.69.70.790 |
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Real estate |
Group-property owned |
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The real estate is checked at the land
registration office |
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Object code: AALINN L 1528 Ambachtsstraat
4 |
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Owner: |
MANAGEMENT
Management H.J.
Herben
Hubertus Johannes
Authorization: Fully authorized
Position: Manager
Date appointed: 30-11-2011
Date of birth: 31-12-1970
T. Stadil
Thor
Position: Commissaris
Date appointed: 11-05-2006
Date of birth: 07-11-1944
C.N. Stadil
Christian Nicholas
Position: Commissaris
Date appointed: 11-05-2006
Date of birth: 09-11-1971
R.N.D. Hassink
Roland Nicolaas Daniël
Authorization: Limited authorization
Position: Proxy
Date appointed: 01-04-2000
Date of birth: 24-10-1971
PAYMENT
INFORMATION
Payment experiences Payments
are regular
Payments Based
on multiple payment experiences up to € 50.000
· Quarter: 3 2011: 58 Average days
Quarter:
4 2011: 61 Average days
Quarter:
1 2012: 57 Average days
Quarter:
2 2012: 41 Average days
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invoices |
current quarter |
2012 Q1 |
2011 Q4 |
2011 Q3 |
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Total |
285 |
100% |
296.644 |
331.262 |
328.849 |
323.511 |
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Within terms |
171 |
79,3% |
235.311 |
145.669 |
151.271 |
162.476 |
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Delayed 0 - 30 |
75 |
11,5% |
34.089 |
133.643 |
113.629 |
113.629 |
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Delayed 31 - 60 |
30 |
9,2% |
27.244 |
43.495 |
42.811 |
35.028 |
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Delayed 61 - 90 |
7 |
0,0% |
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8.455 |
21.138 |
4.228 |
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Delayed 91 - 120 |
1 |
0,0% |
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3.260 |
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Delayed 120+ days |
1 |
0,0% |
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|
4.890 |
FINANCIAL INFORMATION
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Auditor |
Stolwijk Van De R.A.kt |
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Publication financial statement |
Annual accounts 2010 are published
on 21-12-2011 |
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Annual accounts 2009 are published
on 12-01-2011 |
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Annual accounts 2008 are published
on 08-01-2010 |
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Annual accounts 2007 are published
on 28-10-2009 |
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Type of publication |
Corporate |
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Publication |
Publication according to
obligations by law |
CORE
FIGURES
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BOOKYEAR |
2010 |
2009 |
2008 |
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Quick ratio |
0,66 |
1,05 |
1,00 |
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Current ratio |
1,35 |
1,97 |
2,50 |
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Nett workingcapital / Balance
total |
0,21 |
0,42 |
0,55 |
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Capital and reserves / Balance
total |
0,24 |
0,33 |
0,37 |
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Solvency |
0,33 |
0,54 |
0,60 |
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Capital and reserves / Fixed
assets |
1,40 |
2,13 |
4,87 |
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Nett workingcapital |
3.427.096 |
3.570.879 |
3.795.000 |
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Capital and reserves |
3.766.005 |
2.847.486 |
2.503.000 |
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Change capital and reserves |
32,26% |
13,76% |
-3,58% |
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change short term liabilities |
166,84% |
45,37% |
666,97% |
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Operating profit |
1.357.431 |
611.392 |
-2.000 |
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Profitability operating profit |
positive |
positive |
negative |
Annual accounts The
company is obligated to publish its annual accounts
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Last annual accounts |
2010 |
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Type of publication |
Corporate |
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Gross profit |
2010: |
10.580.485 |
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2009: |
7.275.087 |
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2008: |
6.585.000 |
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2007: |
6.346.000 |
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Operating profit |
2010: |
1.357.431 |
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2009: |
611.392 |
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2008: |
-2.000 |
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2007: |
594.000 |
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2006: |
806.000 |
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Result after taxes |
2010: |
918.519 |
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2009: |
344.403 |
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2008: |
-93.000 |
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2007: |
339.000 |
Tendency Changeable
Tendency capital & reserve
Capital and reserves 2010
3.766.005
Total debt 2010
12.174.525
Current ratio 2010
1,35
Quick ratio 2010
0,66
Nett workingcapital 2010
3.427.096
Profitability Sufficient
Solvency Reasonable
Liquidity Reasonable
Balance sheet
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BOOKYEAR |
2010 |
2009 |
2008 |
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End of bookyear |
31-12-2010 |
31-12-2009 |
31-12-2008 |
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Intangible assets |
1.869.348 |
961.860 |
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Tangible assets |
601.282 |
374.299 |
514.000 |
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Financial assets |
225.000 |
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Fixed assets |
2.695.630 |
1.336.159 |
514.000 |
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Stocks and work in progress |
6.791.211 |
3.369.580 |
3.794.000 |
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Other amounts receivable |
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2.304.000 |
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Accounts receivable |
6.349.763 |
3.511.486 |
2.304.000 |
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Liquid assets |
103.926 |
369.066 |
228.000 |
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Current assets |
13.244.900 |
7.250.132 |
6.326.000 |
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Total assets |
15.940.530 |
8.586.291 |
6.840.000 |
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Capital and reserves |
3.766.005 |
2.847.486 |
2.503.000 |
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Provisions |
731.721 |
434.552 |
181.000 |
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other long term debts |
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1.625.000 |
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Long term liabilities |
1.625.000 |
1.625.000 |
1.625.000 |
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Other short term debts |
9.817.804 |
3.679.253 |
2.532.000 |
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Total short term debt |
9.817.804 |
3.679.253 |
2.531.000 |
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Total debt |
12.174.525 |
5.738.805 |
4.337.000 |
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Total Liabilities |
15.940.530 |
8.586.291 |
6.840.000 |
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PROFIT & LOSS ACCOUNT |
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BOOKYEAR |
2010 |
2009 |
2008 |
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Gross profit |
10.580.485 |
7.275.087 |
6.585.000 |
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Wages employees |
4.918.472 |
4.395.442 |
4.077.000 |
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Depreciation and amortization |
235.626 |
175.111 |
190.000 |
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Other operating charges |
4.068.956 |
2.093.142 |
2.320.000 |
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Operating charges |
9.223.054 |
6.663.695 |
6.587.000 |
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Operating profit |
1.357.431 |
611.392 |
-2.000 |
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Financial income |
29.052 |
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Financial charges |
185.304 |
161.517 |
116.000 |
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Financial result |
-156.252 |
-161.517 |
-116.000 |
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Result before taxes |
1.201.179 |
449.875 |
-119.000 |
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Income taxes |
282.660 |
105.472 |
-25.000 |
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Result after taxes |
918.519 |
344.403 |
-93.000 |
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Nett result |
918.519 |
344.403 |
-93.000 |
History
Management Since
23-03-2012 is Proxy Gerardus Hendrikus Maria Tolkamp out of office.
Since 30-11-2011 manager Hubertus Johannes
Herben appointed.
Since 30-11-2011 manager Pedro Wiggers out
of office.
Since 01-05-2010 is Proxy Gerardus Hendrikus
Maria Tolkamp appointed.
Since 01-05-2010 is Proxy Albert Jan
Reessink out of office.
Since 01-03-2009 is Commissaris Soren Ring out of office.
Company structure
Sanovo Technology A/S
(990005234723)
Staalkat Beheer B.V.
(09090630)
AALINN
Subsidiary
Staalkat International B.V. (09102326)
Aalten
Subsidiary
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.29 |
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|
1 |
Rs.86.61 |
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Euro |
1 |
Rs.68.87 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.