|
Report Date : |
09.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
TRIMBLE EUROPE B.V. |
|
|
|
|
Registered Office : |
Meerheide 45, Eersel, 5521 DZ |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
Not Available |
|
|
|
|
Com. Reg. No.: |
17035763 |
|
|
|
|
Legal Form : |
Private Subsidiary Company |
|
|
|
|
Line of Business : |
Distributor of Navigational Equipment |
|
|
|
|
No. of Employees : |
25 |
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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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
Trimble Europe B.V. ![]()
![]()
Meerheide 45
Eersel, 5521 DZ
Netherlands
Tel: 31-497532451
Fax: 31-497532420
Web: www.trimble.com
|
Employees: |
25 |
|
Company Type: |
Private Subsidiary |
|
Corporate Family: |
131 Companies |
|
Ultimate Parent: |
Trimble Navigation Limited |
|
|
|
|
Financials in: |
USD (Millions) |
|
|
|
|
Fiscal Year End: |
31-Dec-2011 |
|
Reporting Currency: |
US Dollar |
|
Annual Sales: |
728.0 |
|
Total Assets: |
811.1 |
Distributor of Navigational Equipment
Industry
|
Name |
Title |
|
Hans Gebauer |
Managing director |
|
James Kirkland |
Managing director |
|
Leah Lambertson |
Managing director |
|
Antonius Snijders |
Managing director |
|
P. Jacob |
Purchasing manager |
1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate:
USD 1 = USD 1
|
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|
Corporate
Family |
Corporate
Structure News: |
|
|
Trimble
Navigation Limited |
|
Trimble Europe B.V. |
|
|
|
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Sunnyvale, CA |
United States |
Electromedical and Control Instruments Manufacturing |
2,040.1 |
6,561 |
|
|
Unit |
Dayton, OH |
United States |
Electromedical and Control Instruments Manufacturing |
156.3 |
600 |
|
|
Subsidiary |
Beachwood, OH |
United States |
Software |
|
500 |
|
|
Branch |
Brentwood, TN |
United States |
Electronics and Appliances Stores |
14.5 |
60 |
|
|
Subsidiary |
Brentwood, TN |
United States |
Software |
|
50 |
|
|
Subsidiary |
Chapel Hill, NC |
United States |
Computer Programming |
4.9 |
27 |
|
|
Branch |
Indianapolis, IN |
United States |
Publishing |
5.6 |
14 |
|
|
Branch |
Richardson, TX |
United States |
Publishing |
2.8 |
7 |
|
|
Branch |
Cleveland, OH |
United States |
Publishing |
2.0 |
5 |
|
|
Subsidiary |
Espoo |
Finland |
Computer Programming |
71.6 |
461 |
|
|
Subsidiary |
Kennesaw, GA |
United States |
Computer, Office Equipment and Software Merchant Wholesalers |
|
35 |
|
|
Subsidiary |
Leeds |
United Kingdom |
Computer System Design Services |
5.6 |
31 |
|
|
Subsidiary |
Mumbai, Maharashtra |
India |
Computer, Office Equipment and Software Merchant Wholesalers |
|
29 |
|
|
Subsidiary |
Vasteras |
Sweden |
Computer, Office Equipment and Software Merchant Wholesalers |
6.5 |
26 |
|
|
Subsidiary |
Eschborn, Hessen |
Germany |
Research and Development Services |
|
22 |
|
|
Subsidiary |
Eschborn, Hesse |
Germany |
Computer, Office Equipment and Software Merchant Wholesalers |
|
20 |
|
|
Subsidiary |
Rungis, Val-de-Marne |
France |
Computer, Office Equipment and Software Merchant Wholesalers |
|
18 |
|
|
Subsidiary |
Tokyo |
Japan |
Computer, Office Equipment and Software Merchant Wholesalers |
|
10 |
|
|
Subsidiary |
Shanghai |
China |
Computer, Office Equipment and Software Merchant Wholesalers |
|
8 |
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Electromedical and Control Instruments Manufacturing |
|
400 |
|
|
Subsidiary |
Milpitas, CA |
United States |
Computer System Design Services |
54.3 |
350 |
|
|
Branch |
Chennai, Tamil Nadu |
India |
Computer Programming |
1.0 |
250 |
|
|
Subsidiary |
Milpitas, CA |
United States |
Consulting Services |
92.9 |
200 |
|
|
Subsidiary |
Christchurch, NZ |
New Zealand |
Electromedical and Control Instruments Manufacturing |
6.5 |
200 |
|
|
Subsidiary |
Danderyd |
Sweden |
Electromedical and Control Instruments Manufacturing |
39.4 |
198 |
|
|
Subsidiary |
Princeton, NJ |
United States |
Road Transportation Services |
|
160 |
|
|
Subsidiary |
Princeton, NJ |
United States |
Computer Programming |
2.3 |
27 |
|
|
Branch |
Venice, FL |
United States |
Road Transportation Services |
0.8 |
4 |
|
|
Subsidiary |
Raunheim, Hessen |
Germany |
Machinery and Equipment Manufacturing |
|
160 |
|
|
Subsidiary |
Jena, Thüringen |
Germany |
Communications Equipment Manufacturing |
|
75 |
|
|
Subsidiary |
Höhenkirchen-Siegertsbrunn, Bayern |
Germany |
Electromedical and Control Instruments Manufacturing |
|
25 |
|
|
Subsidiary |
Wunstorf, Niedersachsen |
Germany |
Computer, Office Equipment and Software Merchant Wholesalers |
|
20 |
|
|
Subsidiary |
Folsom, CA |
United States |
Specialty Construction Trade Contractors |
|
150 |
|
|
Subsidiary |
Kent, WA |
United States |
Software |
4.0 |
14 |
|
|
Branch |
Anchorage, AK |
United States |
Electronics and Appliances Stores |
1.3 |
5 |
|
|
Branch |
Las Cruces, NM |
United States |
Electronics and Appliances Stores |
0.5 |
2 |
|
|
Branch |
Big Bend, WI |
United States |
Electronics and Appliances Stores |
0.5 |
2 |
|
|
Joint Venture |
Tokyo |
Japan |
Machinery and Equipment Manufacturing |
|
140 |
|
|
Subsidiary |
Dongguan, Guangdong |
China |
Machinery and Equipment Manufacturing |
1.5 |
100 |
|
|
Subsidiary |
Ipswich |
United Kingdom |
Computer System Design Services |
21.2 |
120 |
|
|
UK Branch/Trading address |
Ipswich |
United Kingdom |
Motor Vehicle Parts Manufacturing |
21.2 |
100 |
|
|
Subsidiary |
Ipswich |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Westminster, CO |
United States |
Electromedical and Control Instruments Manufacturing |
|
113 |
|
|
Branch |
Alamo, CA |
United States |
Professional and Commercial Equipment Wholesale |
44.7 |
20 |
|
|
Subsidiary |
San Diego, CA |
United States |
Wireless Telecommunications Carriers |
|
110 |
|
|
Subsidiary |
Richmond Hill, ON |
Canada |
Electromedical and Control Instruments Manufacturing |
0.5 |
101 |
|
|
Subsidiary |
Houston, TX |
United States |
Electromedical and Control Instruments Manufacturing |
4.9 |
2 |
|
|
Subsidiary |
Redding, CA |
United States |
Electromedical and Control Instruments Manufacturing |
|
101 |
|
|
Branch |
Mound City, IL |
United States |
Electromedical and Control Instruments Manufacturing |
18.7 |
60 |
|
|
Subsidiary |
Corvallis, OR |
United States |
Computer and Peripheral Equipment Manufacturing |
5.0 |
100 |
|
|
Subsidiary |
Brisbane, QLD |
Australia |
Transportation Equipment Wholesale |
|
80 |
|
|
Subsidiary |
Pudsey |
United Kingdom |
Computer System Design Services |
|
75 |
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Semiconductor and Other Electronic Component Manufacturing |
|
62 |
|
|
Subsidiary |
Englewood, CO |
United States |
Software |
13.0 |
60 |
|
|
Branch |
Baltimore, MD |
United States |
Computer System Design Services |
1.5 |
6 |
|
|
Branch |
Lutherville, MD |
United States |
Computer System Design Services |
1.5 |
6 |
|
|
Branch |
Knoxville, TN |
United States |
Computer System Design Services |
1.2 |
6 |
|
|
Subsidiary |
Englewood, CO |
United States |
Software |
|
3 |
|
|
Subsidiary |
Horgen, Zurich |
Switzerland |
Software |
|
60 |
|
|
Subsidiary |
Carquefou |
France |
Electromedical and Control Instruments Manufacturing |
28.3 |
58 |
|
|
Subsidiary |
Plano, TX |
United States |
Electromedical and Control Instruments Manufacturing |
8.0 |
50 |
|
|
Subsidiary |
Avondale |
New Zealand |
Electromedical and Control Instruments Manufacturing |
6.5 |
50 |
|
|
Subsidiary |
Minnetonka, MN |
United States |
Consulting Services |
|
50 |
|
|
Branch |
Dayton, OH |
United States |
Research and Development Services |
|
50 |
|
|
Subsidiary |
Deerfield Beach, FL |
United States |
Investigation and Security Services |
|
50 |
|
|
Subsidiary |
Raunheim |
Germany |
Holding Companies |
|
50 |
|
|
Subsidiary |
Raunheim |
Germany |
Electromedical and Control Instruments Manufacturing |
|
80 |
|
|
Subsidiary |
Kaiserslautern, Rheinland-Pfalz |
Germany |
Electromedical and Control Instruments Manufacturing |
8.0 |
45 |
|
|
Subsidiary |
Ieper |
Belgium |
Miscellaneous Telecommunication Services |
20.9 |
41 |
|
|
Branch |
Westminster, CO |
United States |
Machinery Wholesale |
84.3 |
35 |
|
|
Subsidiary |
Fontenay-sous-Bois |
France |
Architecture and Engineering |
6.5 |
34 |
|
|
Subsidiary |
Fontenay Sous Bois |
France |
Research and Development Services |
3.8 |
34 |
|
|
Subsidiary |
Hook |
United Kingdom |
Miscellaneous Professional Services |
0.0 |
30 |
|
|
Subsidiary |
Ames, IA |
United States |
Metal Products Manufacturing |
|
30 |
|
|
Subsidiary |
Halle (Saale), Sachsen-Anhalt |
Germany |
Machinery and Equipment Manufacturing |
|
26 |
|
|
Subsidiary |
Eersel |
Netherlands |
Electromedical and Control Instruments Manufacturing |
728.0 |
25 |
|
|
Subsidiary |
Hamilton, IN |
United States |
Electronics and Appliances Stores |
5.2 |
22 |
|
|
Subsidiary |
Calgary, AB |
Canada |
Miscellaneous Professional Services |
1.3 |
20 |
|
|
Subsidiary |
Hook |
United Kingdom |
Miscellaneous Professional Services |
0.0 |
20 |
|
|
Subsidiary |
Auburn, AL |
United States |
Research and Development Services |
|
20 |
|
|
Subsidiary |
Bellevue, WA |
United States |
Machinery Wholesale |
|
20 |
|
|
Branch |
Portland, OR |
United States |
Machinery Wholesale |
9.4 |
4 |
|
|
Branch |
Boise, ID |
United States |
Machinery Wholesale |
1.9 |
1 |
|
|
Branch |
Hayden Lake, ID |
United States |
Machinery Wholesale |
1.9 |
1 |
|
|
Subsidiary |
Fontenay-sous-Bois |
France |
Electromedical and Control Instruments Manufacturing |
5.6 |
19 |
|
|
Subsidiary |
Hamilton, IN |
United States |
Computer Programming |
|
19 |
|
|
Subsidiary |
Madrid |
Spain |
Transportation Equipment Wholesale |
|
13 |
|
|
Branch |
Cambridge, MA |
United States |
Electronics and Appliances Stores |
23.3 |
10 |
|
|
Branch |
Alpharetta, GA |
United States |
Electronics and Appliances Stores |
2.5 |
10 |
|
|
Subsidiary |
Toronto, ON |
Canada |
Electromedical and Control Instruments Manufacturing |
0.4 |
10 |
|
|
Branch |
Overland Park, KS |
United States |
Machinery Wholesale |
27.3 |
9 |
|
|
Subsidiary |
Singapore |
Singapore |
Transportation Equipment Wholesale |
|
7 |
|
|
Branch |
Milpitas, CA |
United States |
Machinery Wholesale |
10.4 |
4 |
|
|
Branch |
Albert Lea, MN |
United States |
Machinery Wholesale |
10.1 |
4 |
|
|
Branch |
Miami, FL |
United States |
Machinery Wholesale |
9.9 |
4 |
|
|
Branch |
Immokalee, FL |
United States |
Machinery Wholesale |
9.9 |
4 |
|
|
Branch |
Naples, FL |
United States |
Machinery Wholesale |
9.9 |
4 |
|
|
Branch |
Evansville, IN |
United States |
Machinery Wholesale |
8.7 |
4 |
|
|
Branch |
Albia, IA |
United States |
Machinery Wholesale |
8.5 |
4 |
|
|
Branch |
Huntsville, AL |
United States |
Machinery Wholesale |
8.5 |
4 |
|
|
Branch |
Tempe, AZ |
United States |
Machinery Wholesale |
8.4 |
4 |
|
|
Branch |
Nashua, NH |
United States |
Machinery Wholesale |
7.6 |
4 |
|
|
Branch |
Essex Junction, VT |
United States |
Paper Wholesale |
5.3 |
4 |
|
|
Subsidiary |
Billings, MT |
United States |
Miscellaneous Store Retailers |
0.9 |
4 |
|
|
Subsidiary |
Vimercate, MI |
Italy |
Electromedical and Control Instruments Manufacturing |
|
4 |
|
|
Branch |
Fort Collins, CO |
United States |
Machinery Wholesale |
7.2 |
3 |
|
|
Branch |
Tucson, AZ |
United States |
Machinery Wholesale |
6.3 |
3 |
|
|
Branch |
Huber Heights, OH |
United States |
Electromedical and Control Instruments Manufacturing |
1.1 |
3 |
|
|
Branch |
Woburn, MA |
United States |
Consulting Services |
0.8 |
3 |
|
|
Branch |
Newark, CA |
United States |
Electronics and Appliances Stores |
0.7 |
3 |
|
|
Subsidiary |
Chantilly, VA |
United States |
Consulting Services |
|
3 |
|
|
Branch |
Shawnee Mission, KS |
United States |
Electromedical and Control Instruments Manufacturing |
1.2 |
3 |
|
|
Branch |
Peachtree City, GA |
United States |
Electromedical and Control Instruments Manufacturing |
1.0 |
3 |
|
|
Branch |
Cambridge, MA |
United States |
Electromedical and Control Instruments Manufacturing |
0.8 |
3 |
|
|
Subsidiary |
Tempe, AZ |
United States |
Electromedical and Control Instruments Manufacturing |
|
3 |
|
|
Branch |
Little Rock, AR |
United States |
Machinery Wholesale |
6.6 |
2 |
|
|
Branch |
Clermont, FL |
United States |
Consulting Services |
0.4 |
2 |
|
|
Subsidiary |
Rome |
Italy |
Electromedical and Control Instruments Manufacturing |
|
2 |
|
|
Branch |
Long Beach, CA |
United States |
Machinery Wholesale |
2.6 |
1 |
|
|
Subsidiary |
North Aurora, IL |
United States |
Nonclassifiable Establishments |
|
1 |
|
|
Subsidiary |
Hook |
United Kingdom |
Computer System Design Services |
0.0 |
|
|
|
Subsidiary |
Dungarvan |
Ireland |
Computer System Design Services |
|
31 |
|
|
Subsidiary |
Leeds |
United Kingdom |
Computer System Design Services |
0.0 |
|
|
|
Subsidiary |
Pudsey |
United Kingdom |
|
0.0 |
|
|
|
Subsidiary |
Pudsey |
United Kingdom |
Miscellaneous Professional Services |
0.0 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Software |
|
2 |
|
|
Subsidiary |
Pudsey |
United Kingdom |
Computer System Design Services |
|
|
|
|
Subsidiary |
Mexico |
Mexico |
Electromedical and Control Instruments Manufacturing |
|
|
|
|
Subsidiary |
Boulder, CO |
United States |
Electronics and Appliances Stores |
|
|
|
|
Branch |
Salem, MA |
United States |
Electronics and Appliances Stores |
1.5 |
6 |
|
|
Subsidiary |
Shanghai |
China |
Transportation Equipment Wholesale |
|
|
|
Executives |
|
|
|
|
||||
|
Managing director |
Managing Director |
|
||||
|
Managing director |
Managing Director |
|
||||
|
|||||||
|
Managing director |
Managing Director |
|
|
|||
|
Managing director |
Managing Director |
|
|
|||
|
Managing director |
Managing Director |
|
|
|||
|
Purchasing manager |
Purchasing Executive |
|
|
|||
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
USD |
USD |
USD |
|
Exchange Rate
(Period Average) |
1 |
1 |
1 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Net sales |
728.0 |
568.5 |
476.5 |
|
Cost of goods sold |
343.3 |
275.0 |
257.9 |
|
Cost of sales |
343.3 |
275.0 |
257.9 |
|
Gross profit |
384.7 |
293.6 |
218.7 |
|
General expenses |
372.5 |
- |
- |
|
Total payroll costs |
- |
1.9 |
2.3 |
|
Other operating costs |
- |
280.2 |
209.5 |
|
Total operating costs |
372.5 |
- |
- |
|
Net operating income |
12.1 |
11.5 |
6.8 |
|
Total financial income |
1.4 |
0.4 |
- |
|
Total expenses |
0.6 |
2.2 |
- |
|
Profit before tax |
13.0 |
9.7 |
8.2 |
|
Profit on ordinary activities after tax |
9.7 |
7.2 |
6.1 |
|
Total taxation |
3.3 |
2.5 |
2.1 |
|
Profit after tax |
9.7 |
7.2 |
6.1 |
|
Net profit |
9.7 |
7.2 |
6.1 |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Filed Currency |
USD |
USD |
USD |
|
Exchange Rate |
1 |
1 |
1 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Other reserves |
33.2 |
23.6 |
16.3 |
|
Total stockholders equity |
33.3 |
23.6 |
16.4 |
|
Total long-term liabilities |
343.3 |
5.8 |
0.3 |
|
Trade creditors |
35.3 |
32.2 |
22.5 |
|
Total current liabilities |
434.6 |
444.7 |
343.6 |
|
Total liabilities (including net worth) |
811.1 |
474.1 |
360.3 |
|
Intangibles |
0.6 |
0.1 |
0.2 |
|
Total tangible fixed assets |
0.2 |
0.1 |
0.2 |
|
Total asset investment |
553.6 |
31.1 |
4.7 |
|
Total non-current assets |
554.5 |
31.3 |
5.0 |
|
Net stocks and work in progress |
90.6 |
88.6 |
56.8 |
|
Trade debtors |
119.9 |
107.6 |
92.1 |
|
Other receivables |
33.8 |
176.7 |
122.0 |
|
Total receivables |
153.7 |
284.3 |
214.1 |
|
Cash and liquid assets |
12.4 |
69.9 |
84.5 |
|
Total current assets |
256.6 |
442.8 |
355.3 |
|
Total assets |
811.1 |
474.1 |
360.3 |
Annual Ratios
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
USD |
USD |
USD |
|
Exchange Rate |
1 |
1 |
1 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Current ratio |
0.60 |
1.00 |
1.00 |
|
Acid test ratio |
0.40 |
0.80 |
0.90 |
|
Current liabilities to net worth |
10.00% |
10.00% |
10.00% |
|
Fixed assets to net worth |
10.00% |
1.33% |
0.31% |
|
Collection period |
60.10 |
69.10 |
70.50 |
|
Stock turnover rate |
8.00 |
6.40 |
8.40 |
|
Sales to net working capital |
-4.10 |
-291.40 |
40.70 |
|
Asset turnover |
0.90% |
1.20% |
1.32% |
|
Profit margin |
0.02% |
0.02% |
0.02% |
|
Return on assets |
0.02% |
0.02% |
0.02% |
|
Shareholders' return |
0.40% |
0.41% |
0.50% |
|
Sales per employee |
22,060.73 |
25,842.00 |
19,061.36 |
|
Profit per employee |
393.64 |
439.32 |
326.20 |
|
Return on capital |
0.03% |
0.26% |
0.49% |
|
Average wage per employee |
- |
85.36 |
93.88 |
|
Net worth |
32.6 |
23.5 |
16.2 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.24 |
|
UK Pound |
1 |
Rs.102.17 |
|
Euro |
1 |
Rs.84.82 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |