|
Report Date : |
06.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
DUPONT
NUTRITION BIOSCIENCES APS |
|
|
|
|
Registered Office : |
Langebrogade
1, Copenhagen K 1411 |
|
|
|
|
Country : |
Denmark |
|
|
|
|
Financials (as on) : |
2012 |
|
|
|
|
Date of Incorporation : |
01.01.1900 |
|
|
|
|
Com. Reg. No.: |
11350356 |
|
|
|
|
Legal Form : |
Private
limited company |
|
|
|
|
Line of Business : |
Manufacture
of other food products |
|
|
|
|
No. of Employees |
1247 |
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) |
|
Denmark |
A2 |
A2 |
|
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 |
DENMARK - ECONOMIC OVERVIEW
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
|
Source
: CIA |
|
Business
Name |
Dupont
Nutrition Biosciences ApS |
|
Country |
DENMARK |
|
Company Registration Number/CVR |
11350356 |
|
Main Code |
108900 |
|
Main Activity |
Manufacture
of other food products n.e.c. |
|
Company Status |
Active |
|
Latest Revenue |
|
|
Latest Shareholder Equity |
5.117.000 |
|
Basic Information |
|
|
Business Name |
Dupont
Nutrition Biosciences ApS |
|
Registered Company Name |
Dupont
Nutrition Biosciences ApS |
|
Company Registration Number |
11350356 |
|
Country |
DENMARK |
|
Date of Company Registration |
1900-01-01 |
|
Legal Form |
Private
limited company |
|
Company Status |
Active |
|
Currency of this Report |
DKK |
|
Principal Activity Code |
108900 |
|
Principal Activity Description |
Manufacture
of other food products n.e.c. |
|
Contact Address |
Langebrogade
1, Copenhagen K 1411 |
|
Contact Telephone Number |
32662000 |
|
|
Activity
Description |
|
108900 |
Manufacture
of other food products n.e.c. |
|
205900 |
Manufacture
of other chemical products n.e.c. |
|
Previous Names |
|
|
Previous
Name |
Date
Changed from Previous Name |
|
Danisco
A/S |
|
|
Profit and Loss |
|||
|
Financial Date |
2012 |
2011 |
2011 |
|
Number of Weeks |
52 |
35 |
52 |
|
Currency |
DKK |
DKK |
DKK |
|
Revenue |
3.279.000.000 |
1.978.000.000 |
3.110.000.000 |
|
Operating
Profit |
278.000.000 |
-218.000.000 |
-433.000.000 |
|
Retained Profit |
1.151.000.000 |
4.951.000.000 |
579.000.000 |
|
Balance Sheet |
|||
|
Financial Date |
2012 |
2011 |
2011 |
|
Number of Weeks |
52 |
35 |
52 |
|
Currency |
DKK |
DKK |
DKK |
|
Total Assets |
12.712.000.000 |
14.572.000.000 |
21.878.000.000 |
|
Other Reserves |
5.117.000.000 |
6.506.000.000 |
11.529.000.000 |
|
Main Address |
||
|
Address |
Country |
Telephone |
|
Langebrogade
1, Copenhagen K 1411 |
DENMARK |
32662000 |
|
|
|
|
|
Branch Address |
|
|
|
EDWIN
RAHRS VEJ 38, DK-8220 BRABRAND |
|
|
Email
Addresses
Web
Pages
|
Currency |
DKK |
|
Nominal Share Capital |
953.865.900 |
|
Current Directors |
||
|
|
Position |
|
|
Craig
Frank Binetti |
General
manager |
|
|
James
Comptom Collins Jr |
General
manager |
|
|
Jorgen
Rosenlund Nielsen |
General
manager |
|
|
Deborah
Jo Wood |
General
manager |
|
|
Ian
Hudson |
Chairman |
|
|
Craig
Frank Binetti |
Member
of the board |
|
|
Jorgen
Rosenlund Nielsen |
Member
of the board |
|
|
Deborah
Jo Wood |
Member
of the board |
|
|
Flemming
Kristensen |
Elected
by employees |
|
|
Werner
Hess |
Elected
by employees |
|
|
Anne
Agger Sparso |
Elected
by employees |
|
|
Ultimate Holding Parent |
|
|
Name |
Country |
|
Dupont
Denmark Holding ApS |
|
|
Subsidaries |
|
|
Name |
Country |
|
Danisco
Deutschland GmbH |
GERMANY |
|
Danisco
Ingredients Beteiligungsgesellschaft mbH |
GERMANY |
|
Danisco
Landerneau SAS |
FRANCE |
|
Danisco
Seillans SAS |
FRANCE |
|
Danisco
Sweeteners (France) SA |
FRANCE |
|
Danisco
BV |
NETHERLANDS |
|
Ydernaes
1 ApS |
DENMARK |
|
Perlarom
Investissements SA |
LUXEMBOURG |
|
Cometra
ApS |
DENMARK |
|
ApS
Syntetic |
DENMARK |
|
Cultor
Holland BV |
NETHERLANDS |
|
Danisco
Holding France SAS |
FRANCE |
|
Danisco
Singapore Pte Ltd |
SINGAPORE |
|
Danisco
Brasil Ltda |
BRAZIL |
|
Danisco
Cultor Espana SA |
SPAIN |
|
Danisco
(China) Co Ltd |
CHINA |
|
Danisco
(Malaysia) Sdn Bhd |
MALAYSIA |
|
Danisco
Czech Republic as |
CZECH
REPUBLIC |
|
Danisco
Canada Inc |
CANADA |
|
Danisco
France SAS |
FRANCE |
|
Cultor
Oy |
FINLAND |
|
Broadland
Foods Ltd |
UNITED
KINGDOM |
|
Danisco
Ingredients (Shanghai) Co Ltd |
CHINA |
|
Danisco
TianGuan (Nanyang) Co Ltd |
CHINA |
|
Danisco
Flavour Creation Centr BV |
NETHERLANDS |
|
Danisco
USA Inc |
UNITED
STATES |
|
Danisco
Argentina SA |
ARGENTINA |
|
Danisco
Belgium SA |
BELGIUM |
|
Danisco
Chile SA |
CHILE |
|
Danisco
Columbia Ltda |
COLOMBIA |
|
Danisco
Holland BV |
NETHERLANDS |
|
Danisco
Italia SpA |
ITALY |
|
Danisco
Japan Ltd |
JAPAN |
|
Danisco
Grasse SAS |
FRANCE |
|
Danisco
(UK) Ltd |
UNITED
KINGDOM |
|
Danisco
Mexicana SA de CV |
MEXICO |
|
Danisco
Sugar GmbH |
GERMANY |
|
Danisco
Norway AS |
NORWAY |
|
Danisco
Cultor Sweden AB |
SWEDEN |
|
Danisco
Beaminster Ltd |
UNITED
KINGDOM |
|
Danisco
Cultor (Switzerland) AG |
SWITZERLAND |
|
Danisco
Holdings (UK) Ltd |
UNITED
KINGDOM |
|
Danisco
Ingredients France SARL |
FRANCE |
|
Danisco
Poland Sp zoo |
POLAND |
|
Danisco
(India) Pvt Ltd |
INDIA |
|
Finnfeeds
Finland Oy |
FINLAND |
|
Finnfeeds
International Ltd |
UNITED
KINGDOM |
|
Finnfeeds
International Pte Ltd |
SINGAPORE |
|
Danisco
Sweeteners GmbH |
AUSTRIA |
|
ZAO
Danisco |
RUSSIAN
FEDERATION |
|
Danisco
Seed Austria GmbH |
AUSTRIA |
|
Finnfeeds
Oy |
FINLAND |
|
Danisco
Sweden AB |
SWEDEN |
|
Danisco
Sweeteners (UK) Ltd |
UNITED
KINGDOM |
|
Danisco
Beteiligungsgesellschaft mbH |
GERMANY |
|
Danisco
Finland Oy |
FINLAND |
|
Danisco
Holding Holland BV |
NETHERLANDS |
|
Danisco
Sweeteners Oy |
FINLAND |
|
Danisco
Australia Pty Ltd |
AUSTRALIA |
|
Danisco
New Zealand Limited |
NEW
ZEALAND |
|
Genencor
International Argentina SRL |
ARGENTINA |
|
Genencor
International BVBA |
BELGIUM |
|
Genencor
International Oy |
FINLAND |
|
Danisco
Guatemala SA |
GUATEMALA |
|
Danisco
Zaandam BV |
NETHERLANDS |
|
Genencor
International BV |
NETHERLANDS |
|
Genencor
Kyowa Co Ltd |
JAPAN |
|
DANISCO
SWEETENERS (ANYANG) CO LTD |
CHINA |
|
Genencor
(WUXI) Bio-Products Ltd |
CHINA |
|
DANISCO
PERU SAC |
PERU |
|
Danisco
Biolacta Sp zoo |
POLAND |
|
Danisco
Portugal Ind de Alfarroba Lda |
PORTUGAL |
|
Danisco
Romania SRL |
ROMANIA |
|
Danisco
Switzerland AG |
SWITZERLAND |
|
Genencor
International Asia Pacific Pte Ltd |
SINGAPORE |
|
Genencor
International Inc |
UNITED
STATES |
|
Genencor
Mauritius Ltd |
MAURITIUS |
|
Genencor
International Ltd |
UNITED
KINGDOM |
|
Danisco
Holding USA Inc |
UNITED
STATES |
|
DTU-Invest
K/S |
DENMARK |
|
Danisco
Egypt Trading LLC |
EGYPT |
|
Seed
Capital Denmark K/S |
DENMARK |
|
|
|
|
Other Information |
|
|
|
|
|
Employee Information |
|
|
|
Number
of Employees |
|
2012 |
1247 |
|
2011 |
1320 |
|
2011 |
1339 |
|
|
|
|
Real Estate |
|
|
Real
Estate |
No |
|
|
|
|
Other Trading Names |
|
|
|
|
|
Business
name |
Danisco
Animal Nutrition ApS |
|
Business
name |
Danisco
ApS |
|
Business
name |
Danisco
Cultor Ingredients ApS |
|
Business
name |
Danisco-Cultor
ApS |
|
Business
name |
Danisco
Cultor ApS |
|
Business
name |
Danisco
Cultures ApS |
|
Business
name |
Danisco
Emulsifiers ApS |
|
Business
name |
Danisco
Functional Systems ApS |
|
Business
name |
Danisco
Genencor ApS |
|
Business
name |
Danisco
Ingredients ApS |
|
Business
name |
Danisco
Specialities ApS |
|
Business
name |
Danisco
Sweeteners ApS |
|
Business
name |
Danisco
Textural Ingredients ApS |
|
Business
name |
Danisco
Venture ApS |
|
Business
name |
Grindsted
Products ApS |
|
|
|
|
Global Trading Information |
|
|
Export |
Worldwide |
|
Import |
|
|
Type |
Text |
|
Historical
data |
In
1994 the company took over the activities previously carried on by "Vinhuset
Norden, Rex Vin Compani K/S". |
|
Historical
data |
In
1994 the company took over the activities previously carried on by
"Vinhuset Norden, Rex Vin Compani K/S". |
|
Historical
data |
In
1991 the company took over the activities previously carried on by
"Danisco Foods A/S" (reg. 29.728). |
|
Historical
data |
In
1992 the company took over the activities previously carried on by
"Produktionsselskabet af 8. september 1992 A/S". |
|
Historical
data |
The
company has per 01.05.1999 transferred some of its former activities to
Danisco Distillers A/S (Reg.nr.: 251.617). |
|
Historical
data |
The
company has per 01-05-2001 transferred some of its former activities to Amcor
Flexibles Denmark A/S (CVR-nr. 21409839). |
|
Historical
data |
The
company has per 01.05.1999 transferred some of its former activities to
Danisco Foods A/S (CVR-nr. 21409685). |
|
Historical
data |
The
company has per 01.01.1999 transferred some of its former activities to
Fionia Emballage A/S, Reg.nr.: 177.932. |
|
Historical
data |
The company has per
01.05.1999 transferred some of its former activities to Danisco Pack Denmark
A/S (reg.nr. 251.616). |
|
Historical
data |
The
company has per 01.09.2006 transferred some of its former activities to
Danisco Sugar A/S (CVR 29781834). |
|
Historical
data |
The company was originally formed
1981, and 1997 it merged with "Vendelbo Ejendomsselskab af 1991
A/S" (104.632), the registered company being the continuing one. |
|
Historical
data |
The company was
originally formed 1981, and 1997 it merged with "Danisco Miljopack
A/S" (reg.nr. 175.368), the registered company being the continuing one. |
|
Historical
data |
The company was originally formed
1981, and 1996 it merged with "Grenaa Gaerfabrik A/S" (reg.
186.427), the registered company being the continuing one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Danisco Peter F. Heering
A/S" (reg. 49.397), the registered company being the continuing one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Danisco Flexible
Raackmann A/S" (reg. 34.384), the registered company being the continuing
one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Danisco Pack A/S"
(reg. 35.425), the registered company being the continuing one. |
|
Historical
data |
The company was originally
formed 1981, and 1996 it merged with "Danisco Foods A/S" (reg.
29.728), the registered company being the continuing one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Dedansk ApS"
(reg.nr. 151.392), the registered company being the continuing one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Danisco Flexible Otto
Nielsen A/S" (reg. 26.158), the registered company being the continuing
one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Danish Paper Packaging
Development A/S" (151.395), the registered company being the continuing
one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Ejendoms ApS matr.nr.
947 c Aalborg bygrunde II", the registered company being the continuing
one. |
|
Historical
data |
The company was originally formed
1981, and 1996 it merged with "Danisco Ejendomme A/S" (reg.
33.201), the registered company being the continuing one. |
|
Historical
data |
The company merged
on 19-12-2005 with A/S PSE 38 Nr. 2024 (21409774) , the registered company
being the continuing one. |
|
Historical
data |
The Company has in connection
with a conversion on the 2012-05-14 changed its name and legal form to the
present ones. |
|
Capital
conditions |
fully
paid up |
|
Credit
facilities |
The
business does not want to give us the name of its bankers. |
|
Additional Accounts Information |
|
|
Date Format |
MM-DD |
|
Accounts Start Date |
01-01 |
|
Accounts End Date |
12-31 |
|
|
|
|
Additional Accounts Notes |
|
|
Notes
Date |
Notes
Detail |
|
2012-01-01T00:00:00 |
In the financial statement
of 2012 attention is drawn to leasing commitments. |
|
Other Trading Names |
|
|
Type |
Name |
|
Business
name |
Danisco
Animal Nutrition ApS |
|
Business
name |
Danisco
ApS |
|
Business
name |
Danisco
Cultor Ingredients ApS |
|
Business
name |
Danisco-Cultor
ApS |
|
Business
name |
Danisco
Cultor ApS |
|
Business
name |
Danisco
Cultures ApS |
|
Business
name |
Danisco
Emulsifiers ApS |
|
Business
name |
Danisco
Functional Systems ApS |
|
Business
name |
Danisco
Genencor ApS |
|
Business
name |
Danisco
Ingredients ApS |
|
Business
name |
Danisco
Specialities ApS |
|
Business
name |
Danisco
Sweeteners ApS |
|
Business
name |
Danisco
Textural Ingredients ApS |
|
Business
name |
Danisco
Venture ApS |
|
Business
name |
Grindsted
Products ApS |
|
|
|
|
Global Trading Information |
|
|
Export |
Worldwide |
|
Import |
|
|
|
|
|
Other Information |
|
|
Type |
Text |
|
Historical
data |
In
1994 the company took over the activities previously carried on by
"Vinhuset Norden, Rex Vin Compani K/S". |
|
Historical
data |
In
1994 the company took over the activities previously carried on by
"Vinhuset Norden, Rex Vin Compani K/S". |
|
Historical
data |
In
1991 the company took over the activities previously carried on by
"Danisco Foods A/S" (reg. 29.728). |
|
Historical
data |
In 1992 the company
took over the activities previously carried on by "Produktionsselskabet
af 8. september 1992 A/S". |
|
Historical
data |
The company has per
01.05.1999 transferred some of its former activities to Danisco Distillers A/S
(Reg.nr.: 251.617). |
|
Historical
data |
The company has per
01-05-2001 transferred some of its former activities to Amcor Flexibles
Denmark A/S (CVR-nr. 21409839). |
|
Historical
data |
The company has per
01.05.1999 transferred some of its former activities to Danisco Foods A/S
(CVR-nr. 21409685). |
|
Historical
data |
The company has per
01.01.1999 transferred some of its former activities to Fionia Emballage A/S,
Reg.nr.: 177.932. |
|
Historical
data |
The company has per
01.05.1999 transferred some of its former activities to Danisco Pack Denmark
A/S (reg.nr. 251.616). |
|
Historical
data |
The company has per
01.09.2006 transferred some of its former activities to Danisco Sugar A/S
(CVR 29781834). |
|
Historical
data |
The company was
originally formed 1981, and 1997 it merged with "Vendelbo
Ejendomsselskab af 1991 A/S" (104.632), the registered company being the
continuing one. |
|
Historical
data |
The company was originally formed
1981, and 1997 it merged with "Danisco Miljopack A/S" (reg.nr.
175.368), the registered company being the continuing one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Grenaa Gaerfabrik
A/S" (reg. 186.427), the registered company being the continuing one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Danisco Peter F.
Heering A/S" (reg. 49.397), the registered company being the continuing
one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Danisco Flexible
Raackmann A/S" (reg. 34.384), the registered company being the
continuing one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Danisco Pack A/S"
(reg. 35.425), the registered company being the continuing one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Danisco Foods A/S"
(reg. 29.728), the registered company being the continuing one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Dedansk ApS"
(reg.nr. 151.392), the registered company being the continuing one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Danisco Flexible Otto
Nielsen A/S" (reg. 26.158), the registered company being the continuing
one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Danish Paper Packaging
Development A/S" (151.395), the registered company being the continuing
one. |
|
Historical
data |
The company was
originally formed 1981, and 1996 it merged with "Ejendoms ApS matr.nr.
947 c Aalborg bygrunde II", the registered company being the continuing
one. |
|
Historical
data |
The company was originally
formed 1981, and 1996 it merged with "Danisco Ejendomme A/S" (reg.
33.201), the registered company being the continuing one. |
|
Historical
data |
The company merged
on 19-12-2005 with A/S PSE 38 Nr. 2024 (21409774) , the registered company being
the continuing one. |
|
Historical
data |
The Company has in
connection with a conversion on the 2012-05-14 changed its name and legal
form to the present ones. |
|
Capital
conditions |
fully
paid up |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.04 |
|
|
1 |
Rs.101.31 |
|
Euro |
1 |
Rs.83.34 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
PDT |
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.