MIRA INFORM REPORT
|
Report Date : |
24.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
COÖPERATIE AVEBE
U.A. |
|
|
|
|
Registered Office : |
Prins Hendrikplein 20, 9641GK Veendam |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.07.2013 |
|
|
|
|
Date of Incorporation : |
16.12.2011 |
|
|
|
|
Com. Reg. No.: |
02300804 |
|
|
|
|
Legal Form : |
Co-Operation |
|
|
|
|
Line of Business : |
·
Subject is an innovating company producing solutions based on potato starch
for food, paper, building, textiles, adhesives and feed industries. ·
Engaged in developing and producing Special Products (Derivatives)
based on Potato Starch. ·
Subject is responsible for the sales, marketing and innovation of
starch based solutions for customers in the various markets of food
ingredients, animal nutrition, paper starches, building additives, green
adhesives, textile auxiliaries and other industrial applications. ·
Subject is responsible for the internal supply chain and consists of Manufacturing,
Logistics, Maintenance and Purchasing ·
Engaged in Market research and Public Polling Activities ·
Engaged in Marketing Food Ingredients, Paper Starches, Animal
Feed, Building Additives, Green
Adhesives, Textile Auxiliaries, Solanic Potato Proteins |
|
|
|
|
No of Employees : |
1308 (2013) |
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 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Netherlands |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 2012-13 tax revenues
dropped, 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 |
Company
summary
Company name Coöperatie AVEBE U.A.
Operative address Prins
Hendrikplein 20
9641GK Veendam
Netherlands
Status Active
Specification This
company can meet all its obligations.
Legal form Coöperatie
(Co-Operation)
Registration number KvK-nummer:
02300804
VAT-number 001083168
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
182.235.000 |
7,03 |
170.262.000 |
-2,05 |
173.826.000 |
|
Total receivables |
80.031.000 |
-9,67 |
88.599.000 |
-4,14 |
92.426.000 |
|
Total equity |
192.316.000 |
0,41 |
191.530.000 |
7,12 |
178.799.000 |
|
Short term liabilities |
223.579.000 |
3,76 |
215.481.000 |
18,01 |
182.589.000 |
|
Net result |
11.372.000 |
-64,54 |
32.074.000 |
61,98 |
19.801.000 |
|
Working capital |
30.463.000 |
-38,94 |
49.893.000 |
47,72 |
33.776.000 |
|
Quick ratio |
0,37 |
-11,90 |
0,42 |
-20,75 |
0,53 |
Contact
information
Company name Coöperatie
AVEBE U.A.
Trade names Coöperatie
AVEBE U.A.
Operative address Prins
Hendrikplein 20
9641GK Veendam
Netherlands
Correspondence address Postbus
15
9640AA Veendam
Netherlands
Telephone number 0598669111
Fax number 0598664368
Email address info@avebe.com
Website www.avebe.com
Registration
Registration number KvK-nummer:
02300804
Branch number 000023961082
VAT-number 001083168
Status Active
Memorandum 1919-11-11
Establishment date 2011-12-16
Legal form Coöperatie
(Co-Operation)
Last proposed admendment 2013-12-30
Activities
·
Subject is an innovating company producing solutions based on potato
starch for food, paper, building, textiles, adhesives and feed industries.
·
Engaged in developing and producing Special Products (Derivatives)
based on Potato Starch.
·
Subject is responsible for the sales, marketing and innovation of
starch based solutions for customers in the various markets of food
ingredients, animal nutrition, paper starches, building additives, green
adhesives, textile auxiliaries and other industrial applications.
·
Subject is responsible for the internal supply chain and consists of
Manufacturing, Logistics, Maintenance and Purchasing
·
Engaged in market research and public polling activities
·
Engaged in marketing food ingredients, paper starches, animal
feed, building additives, green
adhesives, textile auxiliaries, solanic potato proteins
Exporter No
Importer No
Branche organisations VNCI
- Vereniging van de Nederlandse Chemische Industrie
OPNV
- Overleggroep Producenten Natte Veevoeders
(VNCI
- Association of the Dutch Chemical Industry
ÖPNV
- Consultative Producers Wet Veevoeders)
Goal Huisvestiging
van bestuur en stafdiensten
(Housing
Management and Staff Services)
Relations
Branches
Coöperatie AVEBE U.A.
Transportweg 11
9645KZ VEENDAM
Netherlands
Registration number: 023008040001
Coöperatie AVEBE U.A.
Avebe-Weg 1
9607PT Foxhol
Netherlands
Registration number: 023008040002
Coöperatie AVEBE U.A.
M en O Weg 13
9563TM TER APELKANAAL
Netherlands
Registration number: 023008040005
Coöperatie AVEBE U.A.
Baptistenkade 40
9514AH GASSELTERNIJVEEN
Netherlands
Registration number: 023008040008
Companies on same address
Avebe Asia Pacific Holding B.V.
Registration number: 301192600000
AVEBE Food Investments B.V.
Registration number: 020626070000
Avebe Nederland B.V.
Registration number: 023229090000
Solanic B.V.
Registration number: 023260420000
Averis Seeds B.V.
Registration number: 400376800000
B.V. Livadia
Registration number: 330440990000
Personeelsvereniging AVEBE
Registration number: 400374790000
Stichting Pensioenfonds AVEBE
Registration number: 410152590000
Meltagel V.O.F.
Registration number: 020987380000
Bank
details
Accounts
ABN Amro Bank NV
Account number: 48.35.15.337
Rabobank Nederland
Account number: 30.00.00.022
Management
Active management
B.C. Jansen (Bert Cornelis)
Netherlands
Competence: Fully authorized
Function: Chairman
Starting date: 2008-09-01
Date of birth: 1959-05-02, Utrecht, NL
Involved with the following companies
• The Greenery B.V.
Spoorwegemplacement 1
2991VT Barendrecht
Netherlands
Registration number: 160867570000
Function: Commissaris
E. Kraaijenzank (Eddy)
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2007-06-01
Date of birth: 1956-09-27, Deventer, NL
Involved with the following companies
• Avebe Nederland B.V.
Prins Hendrikplein 20
9641GK Veendam
Netherlands
Registration number: 023229090000
Function: Manager
• HZPC Holland B.V.
Edisonweg 5
8501XG Joure
Netherlands
Registration number: 010849580000
Function: Commissaris
J.P. Russchen (Johan Peter)
Netherlands
Competence: Limited authorization
Function: Manager
Starting date: 2006-07-01
Date of birth: 1965-06-26, Groningen, NL
J.L. de Rooij (Jan Leendert)
Netherlands
Competence: Limited authorization
Function: Manager
Starting date: 2008-02-01
Date of birth: 1967-05-15, Zoetermeer, NL
J.M. Niessen (Jacqueline Maria)
Netherlands
Competence: Limited authorization
Function: Manager
Starting date: 2013-02-01
Date of birth: 1963-06-26, 's-Gravenhage, NL
E.J.L. Hofstede (Eward Jean Louis)
Netherlands
Competence: Limited authorization
Function: Managing Director
Starting date: 2011-04-01
Date of birth: 1969-12-02, IJsselmuiden, NL
E.H.W. Hilse (Erwin Heinrich Werner)
Netherlands
Function: Commissaris
Starting date: 2005-04-22
Date of birth: 1952-03-26, Warpke jetzt Schnega, DE
J.W. Hoekman (Johannes Warmolt)
Netherlands
Function: Commissaris
Starting date: 2005-04-22
Date of birth: 1958-10-28, Odoorn, NL
H. Deuling (Hermann)
Netherlands
Function: Commissaris
Starting date: 2005-04-22
Date of birth: 1960-07-20, Haren (Ems), DE
G.H. Wichers (Gesienus Hendrik)
Netherlands
Function: Commissaris
Starting date: 2005-04-22
Date of birth: 1952-03-24, Gasselte, NL
F. Schepers (Fredrikus)
Netherlands
Function: Commissaris
Starting date: 2006-01-31
Date of birth: 1943-06-09, Hardenberg, NL
Involved with the following companies
• Stichting Stenden
Hogeschool
Rengerslaan 8
8917DD Leeuwarden
Netherlands
Registration number: 011235040000
Function: Commissaris
K.A. de Graaf (Kasper Aljen)
Netherlands
Function: Commissaris
Starting date: 2008-12-18
Date of birth: 1967-08-30, Emmen, NL
C.H. van Dalen (Cornelis Hendrik)
Netherlands
Function: Commissaris
Starting date: 2013-12-12
Date of birth: 1952-11-01, Papendrecht, NL
Involved with the following companies
• VimpelCom Ltd.
Claude Debussylaan 88
1082MD Amsterdam
Netherlands
Registration number: 343748350000
Function: Proxy
• Macintosh Retail Group N.V.
Amerikalaan 100
6199AE MAASTRICHT-AIRPORT
Netherlands
Registration number: 146283000000
Function: Commissaris
M. Veenendaal (Magdalena)
Netherlands
Function: Commissaris
Starting date: 2012-07-04
Date of birth: 1956-07-14, Utrecht, NL
P. Poortinga (Pieter)
Netherlands
Function: Commissaris
Starting date: 2013-12-12
Date of birth: 1961-10-05, Middelstum, NL
Involved with the following companies
• Nugget Acquisition B.V.
Industrieweg 36
8091AZ Wezep
Netherlands
Registration number: 536000960000
Function: Manager
• Plukon Food Group B.V.
Industrieweg 36
8091AZ Wezep
Netherlands
Registration number: 302558370000
Function: Manager
E. Luttje (Eppo)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 1996-01-01
Date of birth: 1952-05-07, Noordbroek, NL
C. Lahpor (Christoffer)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 1991-03-01
Date of birth: 1959-09-18, Wildervank, NL
G.J. Meursing (Gerben Jelle)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2000-11-02
Date of birth: 1958-08-10, Beverwijk, NL
T.J.H. Miedema (Theodoor Johan Henk)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2001-01-01
Date of birth: 1959-09-02, Groningen, NL
E. de Jonge (Edwin)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-05-01
Date of birth: 1965-09-30, Groningen, NL
G.T. Franke (Gijsbert Theodorus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-09-01
Date of birth: 1954-12-06, Utrecht, NL
J. Bakkes (Jilt)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2007-03-01
Date of birth: 1967-11-07, Hoogeveen, NL
A.M.A. Duineveld (Adriana Maria Anthonia)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2007-07-01
Date of birth: 1967-06-18, Anna Paulowna, NL
M.E. de Kolf (Marc Erwin)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-11-01
Date of birth: 1965-12-23, Enschede, NL
Involved with the following companies
• Mentor Medical Systems
B.V.
Zernikedreef 2
2333CL Leiden
Netherlands
Registration number: 280620390000
Function: Proxy
Employees
Year 2013
2012 2011 2010 2009
Total 1308
170 1361 1399 1434
Payments
Description The payments are regular
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Quick ratio |
0,37 |
0,42 |
0,53 |
0,43 |
0,38 |
|
Current ratio |
1,14 |
1,23 |
1,18 |
1,07 |
1,04 |
|
Working capital/ balance total |
0,07 |
0,11 |
0,09 |
0,04 |
0,02 |
|
Equity / balance total |
0,44 |
0,44 |
0,46 |
0,47 |
0,38 |
|
Equity / Fixed assets |
1,06 |
1,12 |
1,03 |
0,98 |
0,86 |
|
Equity / liabilities |
0,79 |
0,78 |
0,85 |
0,90 |
0,62 |
|
Balance total / liabilities |
1,79 |
1,78 |
1,85 |
1,90 |
1,62 |
|
Working capital |
30.463.000 |
49.893.000 |
33.776.000 |
13.275.000 |
10.133.000 |
|
Equity |
192.316.000 |
191.530.000 |
178.799.000 |
177.872.000 |
163.406.000 |
|
Mutation equity |
0,41 |
7,12 |
0,52 |
8,85 |
-7,38 |
|
Mutation short term liabilities |
3,76 |
18,01 |
0,68 |
-20,58 |
8,54 |
|
Return on total assets (ROA) |
2,91 |
10,00 |
7,90 |
0,70 |
1,41 |
|
Return on equity (ROE) |
6,61 |
22,74 |
17,24 |
1,48 |
3,70 |
|
Gross profit margin |
3,39 |
9,10 |
6,52 |
2,10 |
2,68 |
|
Net profit margin |
1,92 |
5,79 |
3,50 |
0,53 |
0,54 |
|
Average collection ratio |
2,64 |
2,57 |
3,10 |
2,88 |
2,55 |
|
Average payment ratio |
7,39 |
6,25 |
6,12 |
6,87 |
6,92 |
|
Equity turnover ratio |
3,07 |
2,89 |
3,16 |
2,93 |
3,56 |
|
Total assets turnover ratio |
1,35 |
1,27 |
1,45 |
1,39 |
1,36 |
|
Fixed assets turnover ratio |
3,24 |
3,25 |
3,25 |
2,88 |
3,06 |
|
Inventory conversion ratio |
3,43 |
3,17 |
4,70 |
4,48 |
3,81 |
Summary
The 2013 financial result structure is a positive working
capital of 30.463.000 euro, which is in
agreement with 7 % of the total assets of the company.
The working capital has diminished with -38.94 % compared
to previous year. The ratio, with
respect to the total assets of the company has however,
declined.
The deterioration between 2012 and 2013 has mainly been
caused by an increase of the
current liabilities.
The current ratio of the company in 2013 was 1.14. When the
current ratio is below 1.5, the
company may have problems meeting its short-term
obligations.
The quick ratio in 2013 of the company was 0.37. A company
with a Quick Ratio of less than
1 cannot currently pay back its current liabilities.
The 2012 financial result structure is a positive working
capital of 49.893.000 euro, which is in
agreement with 11 % of the total assets of the company.
The working capital has increased with 47.72 % compared to
previous year. The ratio, with
respect to the total assets of the company has however,
increased.
The improvement between 2011 and 2012 has mainly been
caused by an increase of the
current assets.
The current ratio of the company in 2012 was 1.23. When
the current ratio is below 1.5, the
company may have problems meeting its short-term
obligations.
The quick ratio in 2012 of the company was 0.42. A company
with a Quick Ratio of less than
1 cannot currently pay back its current liabilities.
Financial
statement
Type of annual account Consolidated
Annual account Coöperatie
AVEBE U.A.
Prins Hendrikplein 20
9641GK Veendam
Netherlands
Registration number: 02300804
Balance sheets
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-07-31 |
2012-07-31 |
2011-07-31 |
2010-07-31 |
2009-07-31 |
|
Intangible fixed assets |
550.000 |
688.000 |
1.175.000 |
1.623.000 |
1.690.000 |
|
Tangible fixed assets |
181.674.000 |
160.563.000 |
151.583.000 |
149.401.000 |
158.959.000 |
|
Financial fixed assets |
11.000 |
9.011.000 |
21.068.000 |
30.398.000 |
29.416.000 |
|
Fixed assets |
182.235.000 |
170.262.000 |
173.826.000 |
181.422.000 |
190.065.000 |
|
Total stock |
172.324.000 |
174.931.000 |
120.210.000 |
116.401.000 |
152.820.000 |
|
Accounts receivable |
67.381.000 |
72.793.000 |
76.179.000 |
65.378.000 |
77.284.000 |
|
Other receivables |
12.650.000 |
15.806.000 |
16.247.000 |
10.579.000 |
6.774.000 |
|
Total receivables |
80.031.000 |
88.599.000 |
92.426.000 |
75.957.000 |
84.058.000 |
|
Liquid funds |
1.687.000 |
1.844.000 |
3.729.000 |
2.270.000 |
1.614.000 |
|
Current assets |
254.042.000 |
265.374.000 |
216.365.000 |
194.628.000 |
238.492.000 |
|
Total assets |
436.277.000 |
435.636.000 |
390.191.000 |
376.050.000 |
428.557.000 |
|
|
|||||
|
Total equity |
192.316.000 |
191.530.000 |
178.799.000 |
177.872.000 |
163.406.000 |
|
|
|||||
|
Provisions |
20.382.000 |
28.625.000 |
28.803.000 |
16.825.000 |
27.105.000 |
|
Long term interest yielding debt |
|
|
|
|
9.687.000 |
|
Long term liabilities |
|
9.687.000 |
|||
|
Accounts payable |
57.471.000 |
51.521.000 |
54.840.000 |
42.312.000 |
65.904.000 |
|
Other short term liabilities |
166.108.000 |
163.960.000 |
127.749.000 |
139.041.000 |
162.455.000 |
|
Short term liabilities |
223.579.000 |
215.481.000 |
182.589.000 |
181.353.000 |
228.359.000 |
|
Total short and long term
liabilities |
243.961.000 |
244.106.000 |
211.392.000 |
198.178.000 |
265.151.000 |
|
Total liabilities |
436.277.000 |
435.636.000 |
390.191.000 |
376.050.000 |
428.557.000 |
Summary
The total assets remained the same between 2012 and 2013.
Despite the fact that the total assets remained the same,
the fixed assets increased with 7.03
%.
The fact that the assets have remained the same during the
previous year, can be explained
by both an unchanged Net Worth as well as the total
indebtedness.
In 2013 the assets of the company were 41.77 % composed of
fixed assets and 58.23 % by
current assets. The assets are being financed by an equity
of 44.08 %, and total debt of
55.92 %.
The total assets of the company increased with 11.65 %
between 2011 and 2012.
Despite the assets growth, the non current assets
decreased with -2.05 %.
The asset growth has mainly been financed by a debt
increase of 15.48 %. The Net Worth,
however, grew with 7.12 %.
In 2012 the assets of the company were 39.08 % composed of
fixed assets and 60.92 % by
current assets. The assets are being financed by an equity
of 43.97 %, and total debt of
56.03 %.
Profit & loss
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Revenues |
598.187.000 |
614.842.000 |
578.253.000 |
494.735.000 |
599.274.000 |
|
Other operating income |
6.952.000 |
5.777.000 |
7.892.000 |
7.413.000 |
7.399.000 |
|
Net turnover |
591.085.000 |
554.148.000 |
565.315.000 |
521.786.000 |
581.889.000 |
|
|
|||||
|
Operating expenses |
578.124.000 |
564.438.000 |
541.402.000 |
483.785.000 |
583.668.000 |
|
Result in subsidiaries |
-1.866.000 |
-2.566.000 |
-138.000 |
-338.000 |
-173.000 |
|
Operating result |
20.063.000 |
50.404.000 |
36.851.000 |
10.950.000 |
15.606.000 |
|
|
|||||
|
Financial income |
1.975.000 |
1.484.000 |
2.684.000 |
1.711.000 |
179.000 |
|
Financial expenses |
7.466.000 |
5.772.000 |
8.565.000 |
9.685.000 |
9.568.000 |
|
Financial result |
-5.491.000 |
-4.288.000 |
-5.881.000 |
-7.974.000 |
-9.389.000 |
|
Result on ordinary
operations before taxes |
12.706.000 |
43.550.000 |
30.832.000 |
2.638.000 |
6.044.000 |
|
|
|||||
|
Taxation on the result of ordinary
activities |
1.334.000 |
11.476.000 |
11.031.000 |
-124.000 |
1.330.000 |
|
Result of ordinary
activities after taxes |
11.372.000 |
32.074.000 |
19.801.000 |
2.762.000 |
4.714.000 |
|
|
|||||
|
Extraordinary expense |
|
|
|
|
1.577.000 |
|
Extraordinary result after taxation |
|
|
|
|
-1.577.000 |
|
Net result |
11.372.000 |
32.074.000 |
19.801.000 |
2.762.000 |
3.137.000 |
Summary
The turnover of the company grew with 6.67 % between 2012
and 2013.
The operating result of the company declined with -60.2 %
between 2012 and 2013. This
evolution implies an decrease of the company's economic
profitability.
The result of these changes is a reduction of the
company's Economic Profitability of -70.9 %
of the analysed period, being equal to 2012 % in the year
2013.
Despite the decline the assets turnover increased by 6.3 %
reaching 1.35.
The Net Result of the company increased by -64.54 %
between 2012 and 2013.
The company's Financial Profitability has been positively
affected by the financial activities in
comparison to the EBITs behaviour. The result of these
variations is a profitability increase of
-70.93 % of the analysed period, being 6.61 % in the year
2013.
The company's financial profitability has been positively
affected by its financial structure.
The turnover of the company decreased by -1.98 % between
2011 and 2012.
The operating result of the company grew with 36.78 %
between 2011 and 2012. This
evolution implies an increase of the company's economic
profitability.
The result of these changes is an increase of the
company's Economic Profitability of 26.58
% of the analysed period, being equal to 2011 % in the
year 2012.
Despite the growth the assets turnover decreased, whose
index evolved with -12.41 % to a
level of 1.27.
The Net Result of the company decreased by 61.98 % between
2011 and 2012.
The company's Financial Profitability has been negatively
affected by the financial activities in
comparison to the EBITs behaviour. The result of these
variations is a profitability reduction
of 31.9 % of the analysed period, being 22.74 % in the
year 2012.
The company's financial structure has slowed down its
financial profitability.
Analysis
Branch (SBI)
Legal services, accounting, tax consultancy,
administration (69)
Region
Groningen
In the Netherlands 60907 of the companies are registered
with the SBI code 69
In the region Groningen 1721 of the companies are
registered with the SBI code 69
In the Netherlands 262 of the bankruptcies are published
within this sector
In the region Groningen 10 of the bankruptcies are
published within this sector
The risk of this specific sector in the Netherlands is Low
The risk of this specific sector in the region Groningen
is Low
Company
structure
Relations 7
Coöperatie AVEBE U.A.
Prins Hendrikplein 20
9641GK Veendam
Netherlands
Registration number: 02300804
• AVEBE Food Investments B.V.
Prins Hendrikplein 20
9641GK VEENDAM
Netherlands
Registration number:
020626070000
• Avebe Nederland B.V.
Prins Hendrikplein 20
9641GK Veendam
Netherlands
Registration number:
023229090000
• Solanic B.V.
Prins Hendrikplein 20
9641GK VEENDAM
Netherlands
Registration number:
023260420000
• Avebe Asia Pacific Holding
B.V.
Prins Hendrikplein 20
9641GK VEENDAM
Netherlands
Registration number:
301192600000
• B.V. Livadia
Prins Hendrikplein 20
9641GK VEENDAM
Netherlands
Registration number:
330440990000
• Averis Seeds B.V.
Prins Hendrikplein 20
9641GK VEENDAM
Netherlands
Registration number:
400376800000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.19 |
|
UK Pound |
1 |
Rs.102.56 |
|
Euro |
1 |
Rs.81.91 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
MNL |
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.