MIRA
INFORM REPORT
|
Report No. : |
315845 |
|
Report Date : |
04.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
DOBLA BEHEER B.V. |
|
|
|
|
Registered Office : |
Galileistraat 26, 1704SE Heerhugowaard |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
01.08.1955 |
|
|
|
|
Com. Reg. No.: |
37029650 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
· Financial Holding Investment Companies Having Restricted Entry |
|
|
|
|
No. of Employees : |
247 [2012] |
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 |
|
Maximum Credit Limit : |
EUR 1.000.000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Netherlands |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Netherlands is the
sixth-largest economy in the euro-zone and is noted for its stable industrial
relations, moderate unemployment and inflation, sizable trade surplus, and
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. Netherlands, along with 11 of its EU partners, began circulating the
euro currency on 1 January 2002. The Dutch financial sector suffered as a
result of the global financial crisis, due in part to the high exposure of some
Dutch banks to US 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.
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. To recover, the government 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 austerity measures in early 2011, mainly reducting expenditures,
which resulted in an improved budget deficit in 2011. However, in 2012 tax
revenues dropped, GDP contracted, and the budget deficit deteriorated. In 2013,
the government budget deficit decreased to 3.3% of GDP due to increased
government revenue from higher taxes. However, spending on social benefits also
increased, due to a rise in unemployment benefits and payments for pensions.
The high unemployment rate and tax increases have contributed to continued
decreases in household disposable income, causing the Dutch economy to
contract.
|
Source
: CIA |
Company summary
Company name Dobla
Beheer B.V.
Operative address Galileistraat 26
1704SE Heerhugowaard
Netherlands
Credit limit EUR 1.000.000
Status Active
Legal form Private Company
Registration number KvK-nummer:
37029650
VAT-number 001089249
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
12.660.504 |
14,40 |
11.067.297 |
-2,63 |
11.366.708 |
|
Total receivables |
9.686.247 |
15,02 |
8.421.189 |
-0,42 |
8.456.728 |
|
Total equity |
7.653.435 |
4,41 |
7.329.838 |
7,61 |
6.811.574 |
|
Short term liabilities |
11.940.506 |
23,94 |
9.633.732 |
-4,18 |
10.053.817 |
|
Net result |
390.379 |
-29,95 |
557.320 |
-32,68 |
827.847 |
|
Working capital |
2.362.790 |
-3,25 |
2.442.166 |
49,90 |
1.629.161 |
|
Quick ratio |
0,90 |
-5,26 |
0,95 |
10,47 |
0,86 |
Contact Information
Company name Dobla Beheer B.V.
Trade names Dobla Beheer B.V.
Operative address Galileistraat 26
1704SE Heerhugowaard
Netherlands
Correspondence address Galileistraat 26
1704SE
Heerhugowaard
Netherlands
Telephone number 0725718058
Fax number 0725746014
Email address info4u@dobla.nl
Website www.dobla.nl
Registration
Registration number KvK-nummer:
37029650
Branch number 000015997421
VAT-number 001089249
Status Active
Memorandum 1969-12-03
Establishment date 1955-08-01
Legal form Private Company
Last proposed admendment 2009-07-30
Issued placed capital EUR 22.688
Paid up share capital EUR 22.688
Activities
SBI Financial holding
(642)
Financial holding (6420)
Investment companies having restricted entry
(64303)
Exporter No
Importer No
Goal Beleggen van
vermogen, administreren en beheren van directiepensioenen
en stamrechten
Relations
Companies on same address AD
Investments-Group B.V.
Registration
number: 370539270000
Dobla B.V.
Registration
number: 370424750000
Stichting
Administratiekantoor ad Investments-Group
Registration number: 371173940000
Dobla B.V.
Registration number: 370424750002
Liability statements AD
Investments-Group B.V.
Galileistraat 26
1704SE HEERHUGOWAARD
Netherlands
Registration number: 370539270000
Starting date: 1990-09-01
End date: 2009-12-31
Management
Active management E.
Kakebeen (Eric)
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2010-01-01
Date of birth: 1969-09-18, Hoogwoud, NL
A. Dontje (Arthur)
Netherlands
Competence: Fully authorized
Function: General Director
Starting date: 1988-05-01
Date of birth: 1959-03-31, Alkmaar, NL
Involved with the following companies
• Dobla B.V.
Galileistraat 26
1704SE HEERHUGOWAARD
Netherlands
Registration number: 370424750000
Function: Manager
E. Kakebeen (Eric)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2010-01-01
Date of birth: 1969-09-18, Hoogwoud, NL
R.J. Admiraal (Rudolf Johannes)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-12-01
Date of birth: 1956-11-17, Alkmaar, NL
Employees
Total according to the Chamber of Commerce 0
|
Year |
2015 |
2012 |
2011 |
2010 |
2009 |
|
Total |
0 |
247 |
206 |
117 |
3 |
Payments
Description Overeenkomstig
conditie
Key Figures
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Quick ratio |
0,90 |
0,95 |
0,86 |
0,80 |
0,69 |
|
Current ratio |
1,20 |
1,25 |
1,16 |
0,97 |
0,86 |
|
Working capital/ balance total |
0,09 |
0,11 |
0,07 |
-0,02 |
-0,08 |
|
Equity / balance total |
0,28 |
0,32 |
0,30 |
0,32 |
0,29 |
|
Equity / Fixed assets |
0,60 |
0,66 |
0,60 |
0,71 |
0,59 |
|
Equity / liabilities |
0,40 |
0,46 |
0,42 |
0,46 |
0,42 |
|
Balance total / liabilities |
1,40 |
1,47 |
1,42 |
1,46 |
1,42 |
|
Working capital |
2.362.790 |
2.442.166 |
1.629.161 |
-327.094 |
-1.261.523 |
|
Equity |
7.653.435 |
7.329.838 |
6.811.574 |
5.983.214 |
4.617.028 |
|
Mutation equity |
4,41 |
7,61 |
13,84 |
29,59 |
16,68 |
|
Mutation short term liabilities |
23,94 |
-4,18 |
-6,18 |
17,43 |
4,53 |
|
Return on total assets (ROA) |
-0,13 |
3,03 |
4,93 |
9,06 |
6,94 |
|
Return on equity (ROE) |
-0,47 |
9,58 |
16,68 |
28,55 |
23,56 |
|
Gross margin |
17.589.154 |
16.043.581 |
17.155.768 |
15.647.277 |
13.741.550 |
|
Operating result |
721.180 |
127.070 |
1.268.506 |
1.464.599 |
1.025.815 |
|
Net result after taxes |
308.435 |
557.320 |
827.847 |
1.215.667 |
687.368 |
|
Cashflow |
|
2.230.664 |
2.314.214 |
2.549.721 |
1.895.276 |
|
EBIT |
|
127.070 |
1.268.506 |
1.464.599 |
1.025.815 |
|
EBITDA |
|
1.800.414 |
2.754.873 |
2.798.653 |
2.233.723 |
Summary The 2013 financial
result structure is a postive working captial of 2.362.790 euro, which is in
agreement with 9 % of the total assets of the company.
The working capital has diminished with -3.25 % 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
1.2. When the current ratio is below 1.5, thecompany may have problems meeting
its short-term obligations.
The quick ratio in 2013 of the company was 0.9. A company with a Quick
Ratio of less than 1 cannot currently pay back its current liabilities.
The 2012 financial result structure is a postive working captial of
2.442.166 euro, which is in agreement with 11 % of the total assets of the
company.
The working capital has increased with 49.9 % 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 1.25. 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 0.95. A company with a Quick
Ratio of less than 1 cannot currently pay back its current liabilities.
Financial statement
Last annual account 2013
Remark annual account The
company is obliged to file its financial statements.
Type of annual account Consolidated
Annual account Dobla
Beheer B.V.
Galileistraat 26
1704SE Heerhugowaard
Netherlands
Registration number: 370296500000
Balance
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End
date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Other intangible fixed assets |
1.061.831 |
|
|
|
|
|
Intangible
fixed assets |
1.061.831 |
1.231.130 |
792.332 |
540.591 |
457.755 |
|
Other tangible fixed assets |
8.575.682 |
|
|
|
|
|
Tangible
fixed assets |
8.575.682 |
9.486.648 |
10.235.359 |
7.726.423 |
7.210.517 |
|
Other financial fixed assets |
3.022.991 |
|
|
|
|
|
Financial
fixed assets |
3.022.991 |
349.519 |
339.017 |
196.847 |
137.015 |
|
Fixed
assets |
12.660.504 |
11.067.297 |
11.366.708 |
8.463.861 |
7.805.287 |
|
Other stock |
3.539.552 |
|
|
|
|
|
Total
stock |
3.539.552 |
2.951.175 |
3.031.257 |
1.800.212 |
1.529.209 |
|
Accounts receivable |
|
|
|
|
4.367.043 |
|
Other receivables |
9.686.247 |
|
|
|
1.218.229 |
|
Total
receivables |
9.686.247 |
8.421.189 |
8.456.728 |
7.346.038 |
5.585.272 |
|
Liquid funds |
1.077.497 |
703.534 |
194.993 |
1.242.960 |
749.551 |
|
Current
assets |
14.303.296 |
12.075.898 |
11.682.978 |
10.389.210 |
7.864.032 |
|
Total
assets |
26.963.800 |
23.143.195 |
23.049.686 |
18.853.071 |
15.669.319 |
|
Issued
capital |
123.666 |
|
|
|
|
|
Shareholders
equity |
7.529.769 |
|
|
|
|
|
Minority
interests |
|
44.466 |
21.560 |
|
|
|
Total
equity |
7.653.435 |
7.329.838 |
6.811.574 |
5.983.214 |
4.617.028 |
|
Provisions |
348.322 |
369.849 |
392.240 |
311.590 |
276.736 |
|
Long term interest yielding debt |
|
5.765.310 |
5.770.495 |
1.841.963 |
1.650.000 |
|
Long
term liabilities |
7.021.537 |
5.765.310 |
5.770.495 |
1.841.963 |
1.650.000 |
|
Accounts payable |
|
|
|
|
3.253.099 |
|
Other short term liabilities |
|
|
|
|
5.872.456 |
|
Short
term liabilities |
11.940.506 |
9.633.732 |
10.053.817 |
10.716.304 |
9.125.555 |
|
Total
short and long term liabilities |
19.310.365 |
15.768.891 |
16.216.552 |
12.869.857 |
11.052.291 |
|
Total
liabilities |
26.963.800 |
23.143.195 |
23.049.686 |
18.853.071 |
15.669.319 |
Summary The total assets
of the company increased with 16.51 % between 2012 and 2013.
The fixed asset growth of 14.4 % is lower than the total asset growth.
The asset growth has mainly been financed by a debt increase of 22.46 %.
The Net Worth, however, grew with 4.41 %.
In 2013 the assets of the company were 46.95 % composed of fixed assets
and 53.05 % by current assets. The assets are being financed by an equity of
28.38 %, and total debt of 71.62 %.
The total assets remained the same between 2011 and 2012.
Despite the fact that the total assets remained the same, the fixed
assets decreased with -2.63 %.
Despite thee unchanged assets the net worth grew with 7.61 %, which has
resulted in the fact that the company's indebtedness declined with -2.76 %.
In 2012 the assets of the company were 47.82 % composed of fixed assets
and 52.18 % by current assets. The assets are being financed by an equity of
31.67 %, and total debt of 68.33 %.
Profit and loss
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Net turnover |
17.529.154 |
|
|
|
|
|
Gross margin |
17.529.154 |
16.043.581 |
17.155.768 |
15.647.277 |
13.741.550 |
|
Wages and salaries |
6.694.973 |
6.682.432 |
6.737.670 |
6.049.904 |
6.145.897 |
|
Amorization and depreciation |
1.689.266 |
1.673.344 |
1.486.367 |
1.334.054 |
1.207.908 |
|
other operating costs |
8.423.735 |
7.560.735 |
7.663.225 |
6.798.720 |
5.361.930 |
|
Operating expenses |
16.807.974 |
15.916.511 |
15.887.262 |
14.182.678 |
12.715.735 |
|
Result in subsidiaries |
|
474.943 |
330.414 |
353.483 |
233.583 |
|
Operating result |
721.180 |
127.070 |
1.268.506 |
1.464.599 |
1.025.815 |
|
Financial income |
|
|
|
|
53.391 |
|
Financial expenses |
-757.025 |
|
|
109.897 |
225.006 |
|
Financial result |
-757.025 |
100.328 |
-462.469 |
-109.897 |
-171.615 |
|
Result on ordinary
operations before taxes |
-35.845 |
702.341 |
1.136.451 |
1.708.185 |
1.087.783 |
|
Taxation on the result of ordinary activities |
-180.476 |
122.020 |
353.895 |
494.760 |
400.415 |
|
Result of ordinary
activities after taxes |
-216.321 |
580.321 |
782.556 |
1.213.425 |
687.368 |
|
Result subsidiaries after taxes |
|
|
|
2.242 |
|
|
Net result |
390.379 |
557.320 |
827.847 |
1.215.667 |
687.368 |
|
Attributable to third parties |
81.944 |
23.001 |
-45.291 |
|
|
|
Attributable to shareholders |
308.435 |
|
|
|
|
Summary The gross profit
of the company grew with 9.63 % between 2012 and 2013.
The operating result of the company grew with 467.55 % between 2012 and 2013. This evolution implies an
increase of the company's economic profitability.
The result of these changes is a reduction of the company's Economic
Profitability of -104.29 % of the analysed period, being equal to 2012 % in the
year 2013.
The Net Result of the company increased by -44.66 % 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 -104.91 % of the analysed
period, being -0.47 % in the year 2013.
The company's financial profitability has been positively affected by
its financial structure.
The gross profit of the company decreased by -6.48 % between 2011 and
2012.
The operating result of the company declined with -89.98 % between 2011
and 2012. 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 -38.54 % of the analysed period, being equal to 2011 % in the
year 2012.
The Net Result of the company increased by -32.68 % 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 -42.57 % of the analysed
period, being 9.58 % in the year 2012.
The company's financial profitability has
been positively affected by its financial structure.
Analysis
Branch (SBI) Financial
institutions, except insurance and pension funding (64)
Region Noord-Holland
Noord
In the Netherlands 377806 of the companies are registered with the SBI
code 64
In the region Noord-Holland Noord 11888 of the companies are registered
with the SBI code 64
In the Netherlands 3279 of the bankrupcties are published within this
sector
In the region Noord-Holland Noord 111 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 Noord-Holland Noord is Low
Publications
Filings 19-03-2015: De
jaarrekening over 2013 is gepubliceerd.
26-02-2014: De jaarrekening over 2012 is
gepubliceerd.
01-02-2013: De jaarrekening over 2011 is
gepubliceerd.
09-02-2012: De jaarrekening over 2010 is
gepubliceerd.
05-05-2011: De
jaarrekening over 2009 is gepubliceerd.
Functions 27-01-2012: Per
01-12-2011 is gevolmachtigde Rudolf Johannes Admiraal in functie getreden.
04-01-2012: Per 01-01-2011 is bestuurder
37053927 AD Investments-Group B.V. uit
functie getreden.
Company structure
Relations 3
Dobla Beheer B.V.
Galileistraat 26
1704SE Heerhugowaard
Netherlands
Registration number: 370296500000
• Dobla B.V.
Galileistraat 26
1704SE HEERHUGOWAARD
Netherlands
Registration number: 370424750002
• Dobla Store B.V.
Mient 2
1811NC ALKMAAR
Netherlands
Registration number: 371248230000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.59 |
|
|
1 |
Rs.92.46 |
|
Euro |
1 |
Rs.67.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
NIT |
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.