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Report Date : |
09.08.2014 |
IDENTIFICATION DETAILS
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Name : |
LITTLE LUXURY HOME APS |
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Registered Office : |
Christiansgave 47, Rungsted Kyst 2960 |
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Country : |
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Date of Incorporation : |
15.05.2014 |
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Com. Reg. No.: |
35859551 |
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Legal Form : |
Private limited company |
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Line of Business : |
Other retail sale not in stores, stalls or markets |
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No of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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-- |
NB |
New Business |
-- |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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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 – June 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Denmark |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
This thoroughly modern market economy features a high-tech agricultural sector, state-of-the-art industry with world-leading firms in pharmaceuticals, maritime shipping and renewable energy, and a high dependence on foreign trade. Denmark is a member of the European Union (EU); Danish legislation and regulations conform to EU standards on almost all issues. Danes enjoy a high standard of living and the Danish economy is characterized by extensive government welfare measures and an equitable distribution of income. Denmark is a net exporter of food and energy and enjoys a comfortable balance of payments surplus, but depends on imports of raw materials for the manufacturing sector. Within the EU, Denmark is among the strongest supporters of trade liberalization. After a long consumption-driven upswing, Denmark's economy began slowing in 2007 with the end of a housing boom. Housing prices dropped markedly in 2008-09 and, following a short respite in 2010, have since continued to decline. Household indebtedness is still relatively high at more than 275% of gross disposable income in the first half of 2013. The global financial crisis has exacerbated this cyclical slowdown through increased borrowing costs and lower export demand, consumer confidence, and investment. Denmark made a modest recovery in 2010, in part because of increased government spending; however, the country experienced a technical recession in late 2010-early 2011. Historically low levels of unemployment rose sharply with the recession and have remained at about 6% in 2010-13, based on the national measure, about two-thirds average EU unemployment. An impending decline in the ratio of workers to retirees will be a major long-term issue. Denmark maintained a healthy budget surplus for many years up to 2008, but the budget balance swung into deficit in 2009, where it remains. In spite of the deficits, the new coalition government delivered a modest stimulus to the economy in 2012. Nonetheless, Denmark's fiscal position remains among the strongest in the EU with public debt at about 46% of GDP in 2013. Despite previously meeting the criteria to join the European Economic and Monetary Union (EMU), so far Denmark has decided not to join, although the Danish krone remains pegged to the euro
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Source
: CIA |
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Business
Name |
Little Luxury Home ApS |
|
Country |
DENMARK |
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Company
Registration Number/CVR |
35859551 |
|
Main Code |
479900 |
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Main
Activity |
Other retail sale not in stores, stalls or markets |
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Company
Status |
Active |
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Latest
Revenue |
|
|
Latest
Shareholder Equity |
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|
Provider Rating Description |
The probability of business failure
within the next 12 months for a business with this score is 1,01 %, which is
3,57 times less than the probability of business failure for an average
Danish company of this type. |
|
Basic
Information |
|
|
Business
Name |
Little Luxury Home ApS |
|
Registered
Company Name |
Little Luxury Home ApS |
|
Company
Registration Number |
35859551 |
|
Country |
DENMARK |
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Date of
Company Registration |
2014-05-15 |
|
Legal Form |
Private limited company |
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Company
Status |
Active |
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Currency
of this Report |
DKK |
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Principal
Activity Code |
479900 |
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Principal
Activity Description |
Other retail sale not in stores, stalls or markets |
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Contact
Address |
Christiansgave 47, Rungsted Kyst 2960 |
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Contact
Telephone Number |
26174456 |
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Main
Address |
||
|
Address |
Country |
Telephone |
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Christiansgave
47, Rungsted Kyst 2960 |
DENMARK |
26174456 |
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Email
Addresses |
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Currency |
DKK |
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Nominal
Share Capital |
50.000 |
No group structure on this company
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Additional
Accounts Information |
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Date
Format |
MM-DD |
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Accounts
Start Date |
07-01 |
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Accounts
End Date |
06-30 |
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Delphi
Information |
|
|
Description |
The probability of business
failure within the next 12 months for a business with this score is 1,01 %, which
is 3,57 times less than the probability of business failure for an average
Danish company of this type |
|
Stars |
3,0 |
|
Evaluation |
The risk is lower than the risk of an average Danish
company of this type. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 61.55 |
|
|
1 |
Rs. 103.50 |
|
Euro |
1 |
Rs. 82.41 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
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Report Prepared
by : |
DPT |
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 |
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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 |
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.