MIRA
INFORM REPORT
|
Report Date : |
07.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
D.P. PUMPS B.V. |
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|
|
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Registered Office : |
Kalkovenweg 13,
2401LJ |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
17.09.1992 |
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Com. Reg. No.: |
28058289 |
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Legal Form : |
Private Company |
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|
|
|
Line of Business : |
·
Wholesale of internal combustion engines ·
Sales (wholesale) of pumps, pumping equipment and parts thereof |
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|
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|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 : |
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
|
Source
: CIA |
Summary
Company name D.P. PUMPS B.V.
Operative address Kalkovenweg 13
2401LJ Alphen Aan Den Rijn
Netherlands
Legal form Private Company
Registration
number KvK-nummer:
28058289
VAT-number 800917546
|
Year |
2010 |
Mutation |
2008 |
|
Fixed
assets |
14.935.453 |
-100,00 |
11.245.000 |
|
Total
receivables |
9.007.487 |
-100,00 |
10.959.000 |
|
Total
equity |
22.119.237 |
-100,00 |
14.318.000 |
|
Short term
liabilities |
9.803.162 |
-100,00 |
9.810.000 |
|
Net result |
8.096.633 |
-100,00 |
6.052.000 |
|
Working
capital |
13.140.303 |
-100,00 |
8.419.000 |
|
Quick ratio |
1,83 |
-100,00 |
1,32 |
Contact information
Company name D.P. Pumps B.V.
Trade names D.P. Pumps B.V.
Operative address Kalkovenweg 13
2401LJ Alphen Aan Den Rijn
Netherlands
Correspondence
address Kalkovenweg 13
2401LJ Alphen Aan Den Rijn
Netherlands
Telephone number 0172 488388
Fax number 0172 468967
Email address dp@dp-pumps.com
Website www.dp.nl
Registration
Registration
number KvK-nummer:
28058289
Registered in Kamer van
Koophandel Den Haag
Branch number 000018758878
VAT-number 800917546
Status Active
First registration
company register 1992-10-07
Memorandum 1992-09-17
Establishment date
1992-09-17
Legal form Private Company
Activities
SBI Wholesale of
internal combustion engines (46693)
Exporter No
Importer No
Goal Sales (wholesale) of pumps, pumping equipment and parts
thereof
Relations
Shareholders D.P. Industries B.V.
Kalkovenweg 13
2401LJ ALPHEN AAN DEN RIJN
Netherlands
Registration number: 280582880000
Percentage: 100.00%
Companies on same address
D.P. Industries B.V.
Registration
number: 280582880000
D.P. Industries Personeelsvereniging
Registration number: 404476890000
D.P. Pompen B.V.
Registration number: 280400380000
D.P. Service B.V.
Registration number: 280400390000
Duijvelaar Installatie Bouw B.V.
Registration number: 280400350000
KSB ICS B.V.
Registration number: 280400360000
Liability
statements D.P. Industries
B.V.
Kalkovenweg 13
2401LJ ALPHEN AAN DEN RIJN
Netherlands
Registration number: 280582880000
Management
Active management D.P. Industries B.V.
Kalkovenweg 13
2401LJ ALPHEN AAN DEN RIJN
Netherlands
Registration number: 280582880000
Competence: Limited authorization
Function: Manager
Starting date: 1992-09-17
Payments
Description Payments are made regularly
no complaints are known
Key figures
|
Year |
2010 |
2008 |
2007 |
2006 |
|
|
Quick ratio |
1,83 |
1,32 |
1,20 |
1,08 |
|
|
Current
ratio |
2,34 |
1,86 |
1,88 |
1,71 |
|
|
Working
capital/ balance total |
0,35 |
0,29 |
0,27 |
0,22 |
|
|
Equity /
balance total |
0,58 |
0,49 |
0,47 |
0,43 |
|
|
Equity /
Fixed assets |
1,48 |
1,27 |
1,09 |
0,93 |
|
|
Equity /
liabilities |
1,40 |
0,96 |
0,88 |
0,75 |
|
|
Balance
total / liabilities |
2,40 |
1,97 |
1,90 |
1,75 |
|
|
Working
capital |
13.140.303 |
8.419.000 |
6.770.000 |
5.552.000 |
|
|
Equity |
22.119.237 |
14.318.000 |
11.766.000 |
10.652.000 |
|
|
Mutation
equity |
|
21,69 |
10,46 |
18,75 |
|
|
Mutation
short term liabilities |
|
27,97 |
-1,34 |
0,34 |
|
|
Return on
total assets (ROA) |
30,00 |
27,56 |
24,50 |
29,70 |
|
|
Return on
equity (ROE) |
51,37 |
56,74 |
52,63 |
69,08 |
|
|
Gross
profit margin |
22,47 |
16,39 |
14,67 |
18,32 |
|
|
Net profit
margin |
15,81 |
11,95 |
10,50 |
12,43 |
|
|
Average
collection ratio |
5,22 |
5,16 |
5,73 |
5,36 |
|
|
Average payment
ratio |
5,68 |
4,62 |
5,94 |
5,83 |
|
|
Equity
turnover ratio |
2,31 |
3,54 |
3,74 |
3,91 |
|
|
Total
assets turnover ratio |
1,35 |
1,72 |
1,74 |
1,68 |
|
|
Fixed
assets turnover ratio |
3,43 |
4,51 |
4,05 |
3,64 |
|
|
Inventory conversion
ratio |
10,16 |
9,64 |
8,45 |
8,42 |
|
|
Turnover |
51.199.253 |
50.665.000 |
43.951.000 |
41.680.000 |
|
|
Gross
margin |
33.152.836 |
|
|
27.322.000 |
|
|
Operating
result |
11.505.807 |
8.304.000 |
6.448.000 |
7.637.000 |
|
|
Net result
after taxes |
8.096.633 |
6.052.000 |
4.614.000 |
5.181.000 |
|
|
Cashflow |
10.153.464 |
7.623.000 |
5.956.000 |
6.502.000 |
|
|
Gross
profit |
|
50.665.000 |
43.951.000 |
27.322.000 |
|
|
EBIT |
11.505.807 |
8.304.000 |
6.448.000 |
7.637.000 |
|
|
EBITDA |
13.562.638 |
9.875.000 |
7.790.000 |
8.958.000 |
|
Summary The 2010 financial
result structure is a postive working captial of 13.140.303 euro, which is in
agreement with 35 % of the total assets of the company.
The current ratio of the company in 2010 was 2.34. A company with a
current ratio between 1.5 and 3.0 generally indicates good short-term financial
strength.
The quick ratio in 2010 of the company was 1.83. A company with a Quick
Ratio of more than 1 can currently pay back its current liabilities.
Financial statement
Type of annual
account Consolidated
Annual account D.P.
Industries B.V.
Kalkovenweg 13
2401LJ ALPHEN AAN DEN RIJN
Netherlands
Registration number: 280582880000
Balance
|
Year |
2010 |
2008 |
2007 |
2006 |
|
|
End date |
2010-12-31 |
2008-12-31 |
2007-12-31 |
2006-12-31 |
|
|
Real estate |
|
6.000.000 |
|
6.300.000 |
|
|
Plant and machinery |
|
2.827.000 |
|
2.906.000 |
|
|
Other
tangible fixed assets |
|
2.417.000 |
10.840.000 |
2.247.000 |
|
|
Tangible fixed
assets |
14.935.453 |
|
11.245.000 |
10.840.000 |
11.453.000 |
|
Fixed assets |
14.935.453 |
|
11.245.000 |
10.840.000 |
11.453.000 |
|
Total stock |
5.039.027 |
|
5.258.000 |
5.200.000 |
4.953.000 |
|
Accounts
receivable |
8.515.209 |
7.742.000 |
7.191.000 |
6.879.000 |
|
|
Receivables
due from group and associated companies |
|
3.000.000 |
|
|
|
|
Other
receivables |
492.278 |
3.217.000 |
209.000 |
271.000 |
|
|
Total
receivables |
9.007.487 |
|
10.959.000 |
7.401.000 |
7.150.000 |
|
Liquid
funds |
8.896.951 |
2.011.000 |
1.836.000 |
1.219.000 |
|
|
accruals |
|
217.000 |
209.000 |
271.000 |
|
|
Current assets |
22.943.465 |
|
18.229.000 |
14.436.000 |
13.322.000 |
|
Total assets |
37.878.918 |
|
29.473.000 |
25.276.000 |
24.775.000 |
|
Total equity |
22.119.237 |
|
14.318.000 |
11.766.000 |
10.652.000 |
|
Provisions |
1.500.300 |
200.000 |
185.000 |
180.000 |
|
|
Long term interest
yielding debt |
|
|
|
6.173.000 |
|
|
Financial
debts |
|
|
|
6.173.000 |
|
|
Other long
term liabilities |
|
5.145.000 |
5.659.000 |
|
|
|
Long term
liabilities |
4.456.219 |
|
5.145.000 |
5.659.000 |
6.173.000 |
|
Accounts
payable |
|
3.283.000 |
2.904.000 |
3.108.000 |
|
|
Liabilities
towards credit institutes |
|
|
|
514.000 |
|
|
Short term
interest yielding debt |
|
|
|
514.000 |
|
|
Tax
liabilities |
|
411.000 |
337.000 |
322.000 |
|
|
Debts to
subsidiary companies |
|
872.000 |
378.000 |
677.000 |
|
|
Other short
term liabilities |
|
5.244.000 |
4.047.000 |
3.149.000 |
|
|
Short term
liabilities |
9.803.162 |
|
9.810.000 |
7.666.000 |
7.770.000 |
|
Total short
and long term liabilities |
15.759.681 |
|
14.955.000 |
13.325.000 |
14.123.000 |
|
Total
liabilities |
37.878.918 |
|
29.473.000 |
25.276.000 |
24.775.000 |
Summary In 2010 the assets
of the company were 39.43 % composed of fixed assets and 60.57 % by current assets.
The assets are being financed by an equity of 58.39 %, and total debt of 41.61
%.
Profit and loss
|
Year |
2010 |
2008 |
2007 |
2006 |
|
Revenues |
51.199.253 |
50.665.000 |
43.951.000 |
41.680.000 |
|
Net turnover |
51.199.253 |
50.665.000 |
43.951.000 |
41.680.000 |
|
Gross margin |
33.152.836 |
|
|
27.322.000 |
|
Wages and
salaries |
15.830.278 |
16.591.000 |
15.242.000 |
14.524.000 |
|
Amorization
and depreciation |
2.056.831 |
1.571.000 |
1.342.000 |
1.321.000 |
|
Sales |
18.046.417 |
|
|
|
|
other
operating costs |
3.759.920 |
5.536.000 |
5.149.000 |
3.840.000 |
|
Raw materials
and consumables |
|
18.663.000 |
15.770.000 |
|
|
Operating
expenses |
39.693.446 |
42.361.000 |
37.503.000 |
34.043.000 |
|
Operating
result |
11.505.807 |
8.304.000 |
6.448.000 |
7.637.000 |
|
Financial
income |
145.383 |
105.000 |
45.000 |
41.000 |
|
Financial
expenses |
287.995 |
284.000 |
301.000 |
320.000 |
|
Financial
result |
-142.612 |
-180.000 |
-256.000 |
-279.000 |
|
Result on ordinary
operations before taxes |
11.363.195 |
8.124.000 |
6.192.000 |
7.358.000 |
|
Taxation on
the result of ordinary activities |
3.043.320 |
2.072.000 |
1.578.000 |
2.177.000 |
|
Result of
ordinary activities after taxes |
8.319.875 |
6.052.000 |
4.614.000 |
5.181.000 |
|
Extraordinary
expense |
223.242 |
|
|
|
|
Extraordinary
result after taxation |
-223.242 |
|
|
|
|
Net result |
8.096.633 |
6.052.000 |
4.614.000 |
5.181.000 |
Summary The company's Financial
Profitability has been neutrally affected by the financial activities in
comparison to the EBITs behaviour. The result of these variations is the
unchanged profitability of the analysed period, remaining unchanged at 51.37 %
in the year 2010.
Analysis
Branch (SBI) Wholesale trade
(no motor vehicles and motorcycles) (46)
Region Rijnland
In the Netherlands 109662 of the companies are registered with the SBI
code 46
In the region Rijnland 4319 of the companies are registered with the SBI
code 46
In the Netherlands 2387 of the bankrupcties are published within this
sector
In the region Rijnland 97 of the bankruptcies are published within this
sector
The risk of this specific sector in the Netherlands is normal
The risk of this specific sector in the
region Rijnland is normal
Company structure
Relations 11
KSB Finanz S.A.
Luxembourg
• KSB Finance Nederland B.V.
Wilgenlaan 68
1161JN ZWANENBURG
Netherlands
Registration number: 340629680000
• D.P. Industries B.V.
Kalkovenweg 13
2401LJ ALPHEN AAN DEN RIJN
Netherlands
Registration number: 280582880000
• D.P. Pumps B.V.
Kalkovenweg 13
2401LJ Alphen Aan Den Rijn
Netherlands
Registration number: 280582890000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.79 |
|
|
1 |
Rs.102.66 |
|
Euro |
1 |
Rs.81.32 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
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|
Report Prepared
by : |
NNA |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.