MIRA INFORM REPORT

 

 

Report Date :

04.06.2013

 

IDENTIFICATION DETAILS

 

Name :

STRUKTON ROLLING STOCK B.V.

 

 

Registered Office :

Westkanaaldijk 2 3542DA Utrecht

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

16.08.1999

 

 

Com. Reg. No.:

30158397

 

 

Legal Form :

Besloten Vennootschap

 

 

LINE OF BUSINESS :

MANUFACTURE OF OTHER ELECTRONIC AND ELECTRIC WIRES AND CABLES

 

 

No. of Employees :

101

 

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

 

Status :

Satisfactory

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 – March 31st, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Netherlands

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

NETHERLANDS - ECONOMIC OVERVIEW

 

The Dutch economy is the sixth-largest economy in the euro-zone and is noted for its stable industrial relations, moderate unemployment and inflation, a sizable trade surplus, and an important role as a European transportation hub. Industrial activity is predominantly in food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for the food-processing industry and for exports. The Netherlands, along with 11 of its EU partners, began circulating the euro currency on 1 January 2002. After 26 years of uninterrupted economic growth, the Dutch economy - highly dependent on an international financial sector and international trade - contracted by 3.5% in 2009 as a result of the global financial crisis. The Dutch financial sector suffered, due in part to the high exposure of some Dutch banks to U.S. mortgage-backed securities. In 2008, the government nationalized two banks and injected billions of dollars of capital into other financial institutions, to prevent further deterioration of a crucial sector. The government also sought to boost the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credit facilities. The stimulus programs and bank bailouts, however, resulted in a government budget deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7% in 2008. The government of Prime Minister Mark RUTTE began implementing fiscal consolidation measures in early 2011, mainly reductions in expenditures, which resulted in an improved budget deficit in 2011. In 2012 tax revenues dropped nearly 9%, GDP contracted, and the budget deficit deteriorated. Although jobless claims continued to grow, the unemployment rate remained relatively low at 6.8 percent.

Source : CIA


CONTACTINFORMATION    

 

Company name

Strukton Rolling Stock B.V.

Tradename

Strukton Rolling Stock Strukton Rolling Stock B.V.

Address

Westkanaaldijk 2 3542DA Utrecht Netherlands

Mail address

Postbus 1025 3600BA Maarssen Netherlands

Telephone number

0302486911

Telefax number

0302486466

E-mail address

info@strukton.com

Website

www.strukton.com

VAT number / RSIN

808081998

Branch(es)

Strukton Rolling Stock B.V. (30158397.0001) Twekkeler Es 35 7547ST ENSCHEDE

Strukton Rolling Stock B.V. (30158397.0002) Van Coulsterweg 11 2952CB ALBLASSERDAM

 

 

COMPANY INFORMATION

 

Handelsregisternummer             30158397

Registered in                             Chamber of commerce Midden-Netherlands

 

First registration                        29-11-1999

Act of foundation                      26-11-1999

 

Date of constitution

16-08-1999

Continuation date

26-11-1999

Last change in statutes

03-02-2010

Legal form

Besloten Vennootschap

Place of constitution

Utrecht

Capital

EUR 12.000.000

Issued capital

EUR 2.500.000

Paid up capital

EUR 2.500.000

 

 

NACE-code                               Vervaardiging van geïsoleerde kabel en draad (3130)

SBI-code                                  Manufacture of other electronic and electric wires and cables (2732)

Repair and maintenance of railway and tramway equipment (331702)

Engineering activities and related technical consultancy on electrotechnics (711204)

 

Formal objective                       Het ontwerpen, onderhouden en vernieuwen en de nieuwbouw van rollend materieel, alsmede het leveren en beheren van onderdelen van rollend materieel op het gebied van railinfrastructuur met de focus op elektrische en elektromechanische onderdelen alsmede het leveren van diensten in position - het voornoemde, zowel nationaal als international

 

Employees

Total: 101

 

 

 

Bookyear

 

2012

2011

2010

Number

 

101

97

65

Change

 

4,12%

49,23%

-77,82%

 

 

COMPANY STRUCTURE

 

Shareholder                              Strukton Rail B.V.

Westkanaaldijk 2 3542DA Utrecht Netherlands

KvK: 30139436

Active since: 11-09-2001

Percentage: 100.00%

 

Ultimate parent company           Oranjewoud N.V.

Antwerpseweg 8 2803PB GOUDA KvK: 29030061

 

Holding company                      Strukton Rail B.V.

Westkanaaldijk 2 3542DA Utrecht

KvK: 30139436

 

Subsidiary                                Strukton M & E B.V.

Westkanaaldijk 2 3542DA UTRECHT

KvK: 30159207

 

Affiliated companies                 Strukton Rail Materieel B.V.

Veemarktweg 2 5223AA 's-Hertogenbosch

KvK: 16081158

 

Strukton Railinfra Projecten B.V.

Westkanaaldijk 2 3542DA UTRECHT

KvK: 30055243

 

Strukton Rail International B.V.

Westkanaaldijk 2 3542DA UTRECHT

 KvK: 30139435

 

Strukton Systems B.V.

Westkanaaldijk 2 3542DA Utrecht

KvK: 30139438

 

Strukton Rail Region B.V.

 Westkanaaldijk 2 3542DA Utrecht

KvK: 30139439

 

Strukton Rail Projects B.V.

Westkanaaldijk 2 3542DA UTRECHT

KvK: 30164177

 

Strukton Rail Consult B.V.

Westkanaaldijk 2 3542DA UTRECHT

KvK: 30166568

 

A1 Electronics Netherlands B.V.

Bedrijvenpark Twente 1 7602KA ALMELO

KvK: 30224445

 

Europool B.V. Westkanaaldijk 2 3542DA UTRECHT

KvK: 30139437

 

Bank ABN                                 Amro Bank NV

Account number: 41.64.97.101

 

Real estate                                Unknown

The real estate is checked at the land registration office

 

 

MANAGEMENT

 

Management                             Strukton Rail B.V.

Westkanaaldijk 2 3542DA Utrecht Netherlands

KvK: 30139436

Authorization: Jointly authorized

Position: Manager Date appointed: 01-07-2001

 

G.A. Kwikkers Gijsbert Arnoldus

Authorization: Limited authorization (max: € 2.500.000)

Position: Manager

Date appointed: 01-11-2009

Date of birth: 31-03-1959

Other directorships: - Manager: Eurailscout Inspection & Analysis B.V.

 - AMERSFOORT (KvK: 30052999)

 - Proxy: Eurailscout Inspection & Analysis B.V.

 - AMERSFOORT (KvK: 30052999)

 

D.K. Schonebaum Diederik Karel

Authorization: Limited authorization (max: € 5.000.000)

Position: Manager

Date appointed: 01-05-2006

Date of birth: 17-06-1959

Other directorships:

- Manager: Strukton Systems B.V.

- Utrecht (KvK: 30139438)

- Manager: Strukton Rail Materieel B.V. - 's-Hertogenbosch (KvK: 16081158)

- Manager: Strukton Rail B.V. - Utrecht (KvK: 30139436)

- Manager: Strukton Rail Region B.V. - Utrecht (KvK: 30139439)

 

A. Schoots Arie

Authorization: Limited authorization (max: € 5.000.000)

Position: Manager

Date appointed: 01-10-2000

Date of birth: 06-02-1951

Other directorships:

- Manager: Strukton Systems B.V.

- Utrecht (KvK: 30139438)

- Manager: Strukton Rail Materieel B.V. - 's-Hertogenbosch (KvK: 16081158) - Manager: Strukton Rail B.V. - Utrecht (KvK: 30139436)

- Manager: Strukton Rail Region B.V. - Utrecht (KvK: 30139439)

 

A.T. de Keyser Armand Thomas

Authorization: Limited authorization (max: € 25.000)

Position: Proxy

Date appointed: 23-09-2003

Date of birth: 11-06-1971

 

P.J. Maarsman Pieter Jan

Authorization: Limited authorization (max: € 250.000)

Position: Proxy

Date appointed: 01-01-2009

Date of birth: 13-03-1952

 

 

PAYMENT INFORMATION

 

Payment experiences                Payments are regular

Payments                                 Based on multiple payment experiences up to € 50.000

 

Quarter: 3 2012: 60 Average days

Quarter: 4 2012: 77 Average days

Quarter: 1 2013: 68 Average days

Quarter: 2 2013: 57 Average days

 

 

invoices

current quarter

2013 Q1

2012 Q4

2012 Q3

Total

265

100%

941.869

971.343

1.018.042

938.755

Within terms

132

57,8%

543.931

377.243

350.924

508.839

Delayed 0 - 30

66

21,8%

205.706

359.985

246.847

215.991

Delayed 31 - 60

58

18,4%

173.545

206.085

379.629

195.238

Delayed 61 - 90

7

2,0%

18.687

28.030

9.344

18.687

Delayed 91 - 120

1

0,0%

 

 

12.519

 

Delayed 120+ days

1

0,0%

 

 

18.779

 

FINANCIAL INFORMATION

     

Auditor

Ernst & Young

Publication financial statement

Annual accounts 2011 are published on 20-02-2013

 

Annual accounts 2010 are published on 04-01-2012

 

Annual accounts 2009 are published on 25-01-2011

 

Annual accounts 2008 are published on 21-02-2011

Type of publication

Consolidated

Annual accounts van

Strukton Rolling Stock B.V.

 

Westkanaaldijk 2

 

3542DA Utrecht

 

KvK: 30158397

Publication

Publication according to obligations by law

 

 

CORE FIGURES  

                       

BOOKYEAR

2011

2010

2009

Quick ratio

0,11

0,36

0,37

Current ratio

1,16

1,24

1,26

Nett workingcapital / Balance total

0,13

0,19

0,21

Capital and reserves / Balance total

0,15

0,20

0,21

Capital and reserves / Fixed assets

10,73

92,33

1.250,00

Solvency

0,17

0,24

0,26

Nett workingcapital

3.806.000

4.141.000

2.508.000

Capital and reserves

4.154.000

4.155.000

2.500.000

Change capital and reserves

-0,02%

66,20%

125,02%

change short term liabilities

41,65%

77,90%

54,40%

Operating profit

805.000

653.000

1.386.000

Nett Turnover

29.703.000

12.601.000

26.272.000

Profitability operating profit

positive

positive

positive

 

Annual accounts                        The company is obligated to publish its annual accounts

Last annual accounts                 2011

 

Type of publication                   Corporate

 

Turnover                                   2011: 29.703.000

2010: 12.601.000

2009: 26.272.000

 

Operating profit                                     2011: 805.000

2010: 653.000

2009: 1.386.000

 

Result after taxes                      2011: 54.000

2010: 255.000

2009: 1.400.000

2008: 0

2007: 0

 

Tendency                                  Changeable

 

Capital and reserves                  2011 4.154.000

Total debt                                 2011 24.239.000

Current ratio                              2011 1,16

Quick ratio                                2011 0,11

Nett workingcapital                    2011 3.806.000

 

Profitability                               Positive

Solvency                                  Limited

Liquidity                                    Limited

 

Currency                                   Euro

 

 

Balance

 

BOOKYEAR

2011

2010

2009

End of bookyear

31-12-2011

31-12-2010

31-12-2009

Tangible assets

387.000

45.000

2.000

Fixed assets

387.000

45.000

2.000

 

Stocks and work in progress

25.358.000

15.115.000

8.598.000

Trade debtors

2.434.000

5.923.000

1.798.000

Other amounts receivable

167.000

110.000

1.364.000

Accounts receivable

2.601.000

6.033.000

3.162.000

Liquid assets

86.000

105.000

367.000

Deferred charges and accrued income

167.000

110.000

1.364.000

Current assets

28.045.000

21.253.000

12.127.000

Total assets

28.432.000

21.298.000

12.129.000

 

Capital and reserves

4.154.000

4.155.000

2.500.000

Provisions

39.000

 

 

Long term liabilities

 

31.000

10.000

Trade debts suppliers

3.213.000

2.647.000

2.222.000

Short term interest yielding debt

300.000

 

400.000

Other short term debts

20.726.000

14.465.000

6.997.000

Total short term debt

24.239.000

17.112.000

9.619.000

Total debt

24.239.000

17.143.000

9.629.000

Total Liabilities

28.432.000

21.298.000

12.129.000

 

PROFIT & LOSS ACCOUNT

 

 

 

BOOKYEAR

2011

2010

2009

Turnover

26.012.000

25.661.000

25.170.000

Other operating income

-3.691.000

13.060.000

-1.102.000

Nett Turnover

29.703.000

12.601.000

26.272.000

Operating charges

25.207.000

25.008.000

23.784.000

Operating profit

805.000

653.000

1.386.000

Financial income

1.000

2.000

82.000

Financial charges

752.000

400.000

68.000

Financial result

-751.000

-398.000

14.000

Result before taxes

54.000

255.000

1.400.000

Nett result

54.000

255.000

1.400.000

 

 

History

 

Liability statements                    Per 06-11-2007 filed a withdrawal of declaration of liability by Strukton Groep N.V.. Management

Per 02-04-2012 manager Johannes Lucas van Koppenhagen out of office.

Per 02-04-2012 is Proxy Johannes Lucas van Koppenhagen out of office.

Per 01-12-2011 is Proxy Raymond Theodorus Antonius Steenvoorden outof office.

Per 03-02-2010 is Proxy Peter Alexander van Seventer out of office.

 

Modifications                            Issued capital changed to EUR 2.500.000,00 Paid up capital changed to EUR 2.500.000,00.

Per 3-2-2010 statutes modified. Per 3-2-2010 name changed to: Strukton Rolling Stock B.V.. Office changed to: Utrecht.

 

 

Company structure

• Oranjewoud N.V. (29030061) GOUDA

Oranjewoud Beheer B.V. (01025855)

HEHONORNVEEN

Subsidiary

  Ingenieursbureau "Oranjewoud" III B.V. (01041339) Heerenveen

Subsidiary (100%)

  Oranjewoud International B.V. (01050793)

HEHONORNVEEN Subsidiary (100%)

  Inogen Design and Management B.V. (27118337)

HEHONORNVEEN

Management relation

  Oranjewoud Inspection B.V. (01115431)

HEHONORNVEEN

Subsidiary

  Hannover Milieu- en Veiligheidstechniek B.V. (09070074)

EDE GLD Subsidiary (100%)

Hazelaar/Hmvt Milieutechniek B.V. (04057416)

EDE GLD Subsidiary (100%)

Delphi Data B.V. (11014894) Gouda

Subsidiary (100%)

Antea Group N.V. (24424833) GOUDA

Subsidiary (100%)

Ingenieursbureau "Oranjewoud" B.V. (29021830) Heerenveen

Subsidiary (100%)

  Croonen B.V. (30148217)

ROSMALEN

 

Subsidiary (100%) Oranjewoud Detachering Holding B.V. (29024839) GOUDA

Subsidiary (100%)

  TecQ B.V. (01083257)

OOSTERHOUT NB Subsidiary (100%)

  InterStep-des Corps B.V. (27287932)

UTRECHT Subsidiary (100%)

  Nexes Services B.V. (30155536)

UTRECHT Subsidiary (100%)

  Interstep B.V. (30170069)

UTRECHT

Subsidiary (100%) Oranjewoud Realisatie Holding B.V. (29029405) GOUDA

Subsidiary (100%)

  Van der Heide Beheer B.V. (01021299)

KOLLUM

Subsidiary (100%)

Van der Heide Bliksembeveiliging B.V. (01045285)

KOLLUM

Subsidiary (100%)

Van der Heide Opleidingen & Inspecties B.V. (01059694)

KOLLUM

Subsidiary (100%)

Van der Heide Bliksembeveiliging Inspecties B.V. (01062940)

KOLLUM

Subsidiary (100%)

Van der Heide Cathodic Protection & Corrosion Engineering B.V. (01067953)

KOLLUM

Subsidiary (100%)

Instituut voor Technische Vakexamens B.V. (01082107)

KOLLUM

Subsidiary (100%)

  Oranjewoud Realisatie B.V. (20133100)

OOSTERHOUT NB Subsidiary (100%)

■ Waterrijk Infra Boskoop B.V. (20147857)

OOSTERHOUT NB

Subsidiary

  Boralit Netherlands B.V. (04069526)

HEHONORNVEEN

Management relation

  J & E Sports B.V. (16070211)

OSS

Management relation

Centric Information Engineering Gouda B.V. (29030163) Heerenveen

Subsidiary (100%)

Ingenieursbureau Oranjewoud II B.V. (29030687) GOUDA

Subsidiary (100%)

Oranjewoud Holding B.V. (29044513)

GOUDA

Subsidiary (100%)

Strukton Groep N.V. (30004006)

Utrecht

Subsidiary

 

  Strukton Materieel B.V. (30057129)

 

Strukton Materieel B.V. Subsidiary

Strukton Bouw B.V. (30061547)

Utrecht

Subsidiary

  Strukton Bouw & Onderhoud B.V. (30062272)

Utrecht Subsidiary

  Strukton Real estate development B.V. (30144592)

UTRECHT

Subsidiary

Strukton Alpha B.V. (30166565)

UTRECHT

Subsidiary

Strukton Beta B.V. (30166567)

UTRECHT

Subsidiary

Strukton Delta B.V. (30191527)

UTRECHT

Subsidiary

Strukton Oost B.V. (30191530)

UTRECHT

Subsidiary

Strukton Gamma B.V. (30191532)

UTRECHT

Subsidiary

Strukton Vastgoedontwikkeling Zuid B.V. (30196298)

UTRECHT

Subsidiary

          Vastgoedontwikkeling Beilen Oost B.V. (30196300)

UTRECHT

Subsidiary

Strukton Vastgoedontwikkeling Oost B.V. (30196302)

UTRECHT

Subsidiary

Strukton Vastgoedontwikkeling West B.V. (30196304)

UTRECHT

Subsidiary

Strukton Van Straten B.V. (30196306) Eindhoven Subsidiary

Strukton Vastgoedontwikkeling Beheer B.V. (30196308)

UTRECHT

Subsidiary

Strukton Vastgoedontwikkeling Noord B.V. (30196309)

UTRECHT

Subsidiary

  Strukton Ezinger B.V. (30200181)

UTRECHT

Subsidiary

  Strukton Peizerhoven B.V. (30202696)

UTRECHT

Subsidiary

Strukton Vastgoedontwikkeling Oost II B.V. (30199375)

UTRECHT

 

Subsidiary

■ Strukton Ganzenmarkt B.V. (30199376)

UTRECHT

Subsidiary

  La Linea Leiden Beheer B.V. (24382780)

ROTTERDAM

Management relation

  Strukton Avenue2 Onroerend Goed B.V. (30276107)

UTRECHT

Subsidiary

  Strukton Groene Loper B.V. (50306529)

UTRECHT

Subsidiary

  Strukton Heerderweg B.V. (54020999)

UTRECHT

Subsidiary Servica Advies B.V. (30109569)

UTRECHT Subsidiary (100%)

Strukton Integrale Projecten B.V. (30119667)

UTRECHT Subsidiary (100%)

  Strukton Finance ESCo's Holding B.V. (30211158)

Utrecht Subsidiary

RGG cluster swimming pools ESCo Invest B.V. (30226225)

UTRECHT Subsidiary (100%)

  Strukton Assets B.V. (30226226)

UTRECHT Subsidiary (100%)

Strukton Rail B.V. (30139436)

Utrecht

Subsidiary (100%)

  Strukton Rail Materieel B.V. (16081158) 's-Hertogenbosch

Subsidiary (100%)

  Strukton Railinfra Projecten B.V. (30055243)

UTRECHT Subsidiary (100%)

  Strukton Rail International B.V. (30139435)

UTRECHT Subsidiary (100%)

  Strukton Systems B.V. (30139438)

Utrecht

Subsidiary (100%)

  Strukton Rail Region B.V. (30139439)

Utrecht

Subsidiary (100%)

  Strukton Rolling Stock B.V. (30158397)

 

Utrecht

Subsidiary (100%)

  Strukton M & E B.V. (30159207)

UTRECHT

Subsidiary

  Strukton Rail Projects B.V. (30164177)

UTRECHT

Subsidiary (100%)

  Strukton Rail Consult B.V. (30166568)

UTRECHT Subsidiary (100%)

  A1 Electronics Netherlands B.V. (30224445)

ALMELO

Subsidiary

  Europool B.V. (30139437)

UTRECHT

Management relation

  Eurailscout Inspection & Analysis B.V. (30052999)

AMERSFOORT

Subsidiary Strukton Vuka B.V. (30157682)

UTRECHT Subsidiary (100%)

  Strukton Lambda B.V. (30226224)

UTRECHT Subsidiary (100%)

  Rasenberg Infra B.V. (30226233)

UTRECHT Subsidiary (100%)

Strukton Elschot B.V. (30173025)

UTRECHT Subsidiary (100%)

Strukton Vastgoedbeheer en Facility Management B.V. (30199791)

UTRECHT Subsidiary (100%)

  Servica B.V. (30198744)

UTRECHT

Subsidiary Strukton Management B.V. (30210216)

Utrecht

Subsidiary (100%)

Strukton Services B.V. (30211167)

Utrecht

Subsidiary (100%)

  Strukton Worksphere B.V. (30134547)

Utrecht Subsidiary

  WorkSphere Beheer B.V. (17041823)

SON

Subsidiary (100%)

  ISE EXPLOITATIE B.V. (54054176)

EINDHOVEN

Management relation Strukton Civiel B.V. (30233077) Utrecht Subsidiary

  Strukton Verkeerstechnieken B.V. (06042228)

UTRECHT Subsidiary (100%)

  Colijn Beheer B.V. (18105722)

 

Werkendam Subsidiary

  Molhoek Aannemingsbedrijf B.V. (06042229)

WERKENDAM Subsidiary (100%)

  Terracon International B.V. (18047657)

WERKENDAM

Subsidiary

  Colijn Aannemersbedrijf B.V. (18113103)

WERKENDAM

Subsidiary

■ Tensa B.V. (18074197)

WERKENDAM Subsidiary (100%)

  Terracon Funderingstechniek B.V. (18125862)

WERKENDAM

Subsidiary Strukton Engineering B.V. (30052783) UTRECHT Subsidiary (100%)

Strukton Civiel Projecten B.V. (30087629)

UTRECHT

Subsidiary (100%)

Grondbank Netherlands B.V. (30146536)

UTRECHT Subsidiary (100%)

Geocon B.V. (30186865)

UTRECHT

Subsidiary

Strukton Afzinktechnieken B.V. (30194804)

UTRECHT

Subsidiary

Strukton Prefab Beton B.V. (30199977)

UTRECHT Subsidiary (100%)

Strukton Infratechnieken B.V. (30200182)

UTRECHT Subsidiary (100%)

  Strukton Microtunneling B.V. (30194806)

UTRECHT Subsidiary (100%)

  Canor Benelux B.V. (30227775)

UTRECHT

Subsidiary (100%) Strukton Specialistische Technieken B.V. (30223262) Weert

Subsidiary (100%)

  Onderwatertechniek Netherlands B.V. (06056093) Weert

Subsidiary

  DMI Netherlands B.V. (20051538)

 

WEERT

Management relation Adpa Holding B.V. (38024117)

OLDENZAAL

 

Subsidiary (100%)

■ Repa Infra B.V. (08093960)

OLDENZAAL

Subsidiary

■ Reef Beheer B.V. (06054069)

Oldenzaal

Subsidiary (100%)

■ Reef Infra B.V. (33056888)

Oldenzaal

Subsidiary (100%)

■ Reef Infra Netwerkbouw B.V. (04016256)

OLDENZAAL

Subsidiary (100%)

■ Reef Milieu B.V. (33085627)

OLDENZAAL

Subsidiary

■ Omtzigt Civiel/Milieu B.V. (29022047)

OLDENZAAL

Subsidiary

■ Strukton Finance Holding B.V. (30200506)

UTRECHT

Management relation

■ Strukton Finance B.V. (30166563)

UTRECHT

Subsidiary (100%)

■ Ecorail B.V. (27156174)

UTRECHT

Several liability relation

o KSI Software Solutions B.V. (30141093)

IJSSELSTEIN UT

Subsidiary (100%)

o KSI Interactive B.V. (39068864)

IJSSELSTEIN UT

Subsidiary (100%)

o Modulas Beheer BV (24155158)

ZWIJNDRECHT

Management relation

o Mhouse B.V. (29028911)

HEHONORNVEEN

Management relation

o Multihouse Technical Scientific and Industrial B.V. (29046143)

GOUDA

Management relation


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.57

UK Pound

1

Rs.86.15

Euro

1

Rs.73.64

 

 

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.