MIRA INFORM REPORT
|
Report No. : |
319198 |
|
Report Date : |
25.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
DSM ACRYLONITRILE B.V. |
|
|
|
|
Registered Office : |
Poststraat 1 6135KR Sittard |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
12.05.1927 |
|
|
|
|
Com. Reg. No.: |
KvK-nummer: 14052072 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Manufacture of other organic basic chemicals (no petrochemical products) |
|
|
|
|
No. of Employee : |
195 |
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 : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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 - ECONOMIC
OVERVIEW
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 |
Summary
Company
name DSM
ACRYLONITRILE B.V.
Operative
address Poststraat 1
6135KR Sittard
Netherlands
Legal
form Private Company
Registration
number KvK-nummer: 14052072
VAT-number
005539262
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
7.142.000.000 |
0,24 |
7.125.000.000 |
26,04 |
5.653.000.000 |
|
Total receivables |
1.768.000.000 |
-7,77 |
1.917.000.000 |
2,35 |
1.873.000.000 |
|
Total equity |
5.908.000.000 |
0,58 |
5.874.000.000 |
1,56 |
5.784.000.000 |
|
Short term liabilities |
3.226.000.000 |
2,12 |
3.159.000.000 |
28,68 |
2.455.000.000 |
|
Net result |
269.000.000 |
-57,97 |
640.000.000 |
21,90 |
525.000.000 |
|
Working capital |
1.649.000.000 |
-1,96 |
1.682.000.000 |
-44,83 |
3.049.000.000 |
|
Quick ratio |
0,79 |
-17,71 |
0,96 |
-40,00 |
1,60 |
Contact
information
Company
name DSM Acrylonitrile B.V.
Trade
names DSM Acrylonitrile B.V.
Operative
address Poststraat 1
6135KR Sittard
Netherlands
Correspondence
address Postbus 43
6130AA Sittard
Netherlands
Telephone
number 0464773321
Fax
number 0464770085
Website
www.dsm.com
Registration
Registration
number KvK-nummer: 14052072
Branch
number 000017644097
VAT-number
005539262
Status
Active
First
registration company
register
1981-05-18
Memorandum
1980-10-09
Establishment
date 1927-05-12
Legal
form Private Company
Last
proposed admendment 1996-06-21
Issued
placed capital EUR 6.352.923
Paid
up share capital EUR 6.352.923
Activities
SBI
Manufacture of other
organic basic chemicals (no petrochemical products) (20149)
Exporter
No
Importer
No
Goal
Werkzaam te zijn op het gebied
van de chemische industrie, in het bijzonder de produktie
van, alsmede de handel in chemische produkten, meststoffen en
aanverwante artikelen,
grond- en hulpstoffen daaronder begrepen.
Relations
Shareholders
DSM Nederland
B.V.
Het Overloon 1
6411TE HEERLEN
Netherlands
Registration number: 140808440000
Percentage: 100%
Companies
on same address Amount: 26
Liability
statements Koninklijke
DSM N.V.
Het Overloon 1
6411TE Heerlen
Netherlands
Registration number: 140220690000
date of issue: 1996-05-14
Starting date: 1995-01-01
Management
Active management A.J.M.S. Robeerst (Amedé Joseph Marie Simon)
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2004-09-06
Date of birth: 1957-10-30, Maastricht, NL
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Manager
J.H.M. Jansen (Johannes Henricus Maria)
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2013-01-01
Date of birth: 1959-07-16, Vlijmen, NL
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
L.F.M. Muijtjens (Leonardus Frederikus Maria)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 1998-04-01
Date of birth: 1956-01-30, Maastricht, NL
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
Active management
W.J. Den Teuling (Willem Joseph)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-07-01
Date of birth: 1952-03-18, Nieuwenhagen, NL
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
M.J.G. van den Boer (Maria Jeanne Gertrude)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2008-03-01
Date of birth: 1962-10-25, Neerpelt, BE
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
H.H.M. Hansen (Hendrikus Hubertus Maria)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2008-09-01
Date of birth: 1963-03-03, Hunsel, NL
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
G.W.H. Cuijpers (Gemma Wilhelmina Hubertina)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2009-08-01
Date of birth: 1967-04-30, Sittard, NL
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
M. Voorwinden (Merijn)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2010-06-01
Date of birth: 1978-09-09, Puttershoek, NL
M.J.H.G. Muris (Maurice Johannes Hubertus
Gera)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-03-01
Date of birth: 1971-11-17, Beek, NL
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
D.A. Hitchins (David Angus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-03-01
Date of birth: 1964-03-07, Albany, AU
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
R.F.G. Rijlaarsdam (Robert Franciscus
Gabriël)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-05-01
Date of birth: 1957-12-30, Eygelshoven, NL
A. Veldhuis (Anne-Heep)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-12-01
Date of birth: 1979-02-07, Sleen, NL
D. van Ballegoij (Daniël)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-12-01
Date of birth: 1972-05-23, Amsterdam, NL
Y. van den Winkel (Yvar)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-12-01
Date of birth: 1964-07-24, Amsterdam, NL
P.M.G. Boon (Pieter Maria Gerard)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-04-01
Date of birth: 1962-11-09, Heerlen, NL
M.G. Tijhuis - Musch (Monique Gemma)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-04-01
Date of birth: 1965-04-19, Eindhoven, NL
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
L.J.H. Liebrecht (Lodewijk Jan Hendrik)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-04-01
Date of birth: 1981-11-09, 's-Hertogenbosch, NL
G.C. van Gerwen (Geert Cornelis)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-01-01
Date of birth: 1984-04-29, Heeswijk-Dinther,
NL
M.J.M. Zabawa (Mark Johan Michael)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-02-01
Date of birth: 1979-11-24, Sittard, NL
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
M.J.H. Ramaekers (Mark Johannes Hubertina)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-06-01
Date of birth: 1981-03-03, Obbicht en
Papenhoven, NL
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
J.F. van Lent - Amman (Jackeline Francisca)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-02-01
Date of birth: 1981-03-13, Amsterdam, NL
Involved with the following companies
• DSM Fibre Intermediates B.V.
Poststraat 1
6135KR Sittard
Netherlands
Registration number: 140289370000
Function: Proxy
E. Berends (Edwin)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-05-01
Date of birth: 1981-04-17, Groningen, NL
M. Veltman - Verduin (Margaretha)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-05-01
Date of birth: 1969-02-17, Waalwijk, NL
Employees
|
Total according to the Chamber of Commerce |
195 |
|
Year |
2015 |
2013 |
2011 |
|
Total |
195 |
195 |
195 |
Key
figures
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Quick ratio |
0,79 |
0,96 |
1,60 |
1,93 |
1,46 |
|
Current ratio |
1,51 |
1,53 |
2,24 |
2,51 |
2,15 |
|
Working capital/ balance total |
0,14 |
0,14 |
0,27 |
0,34 |
0,24 |
|
Equity / balance total |
0,49 |
0,49 |
0,52 |
0,52 |
0,51 |
|
Equity / Fixed assets |
0,83 |
0,82 |
1,02 |
1,18 |
0,92 |
|
Equity / liabilities |
1,00 |
0,99 |
1,12 |
1,12 |
1,08 |
|
Balance total / liabilities |
2,03 |
2,02 |
2,15 |
2,14 |
2,09 |
|
Working capital |
1.649.000.000 |
1.682.000.000 |
3.049.000.000 |
3.512.000.000 |
2.264.000.000 |
|
Equity |
5.908.000.000 |
5.874.000.000 |
5.784.000.000 |
5.481.000.000 |
4.949.000.000 |
|
Mutation equity |
0,58 |
1,56 |
5,53 |
10,75 |
6,82 |
|
Mutation short term liabilities |
2,12 |
28,68 |
5,23 |
18,73 |
-27,44 |
|
Return on total assets (ROA) |
4,71 |
6,77 |
7,39 |
6,82 |
2,64 |
|
Return on equity (ROE) |
9,58 |
13,79 |
14,25 |
13,05 |
5,13 |
|
Gross profit margin |
7,52 |
9,83 |
10,18 |
8,92 |
4,77 |
|
Net profit margin |
2,80 |
7,07 |
5,80 |
5,80 |
2,52 |
|
Average collection ratio |
2,98 |
2,86 |
3,69 |
3,88 |
3,93 |
|
Average payment ratio |
5,44 |
4,72 |
4,83 |
2,97 |
5,05 |
|
Equity turnover ratio |
1,63 |
1,54 |
1,56 |
1,65 |
1,56 |
|
Total assets turnover ratio |
0,80 |
0,76 |
0,81 |
0,86 |
0,80 |
|
Fixed assets turnover ratio |
1,35 |
1,27 |
1,60 |
1,95 |
1,44 |
|
Inventory conversion ratio |
4,16 |
5,02 |
5,75 |
6,75 |
5,69 |
|
Turnover |
9.618.000.000 |
9.048.000.000 |
9.050.000.000 |
9.050.000.000 |
7.732.000.000 |
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Gross margin |
2.536.000.000 |
2.569.000.000 |
2.452.000.000 |
2.452.000.000 |
|
|
Operating result |
723.000.000 |
889.000.000 |
921.000.000 |
807.000.000 |
369.000.000 |
|
Net result after taxes |
269.000.000 |
640.000.000 |
525.000.000 |
525.000.000 |
195.000.000 |
|
Cashflow |
|
1.091.000.000 |
839.000.000 |
|
|
|
Gross profit |
9.618.000.000 |
9.048.000.000 |
9.050.000.000 |
9.050.000.000 |
7.431.000.000 |
|
EBIT |
723.000.000 |
889.000.000 |
921.000.000 |
807.000.000 |
369.000.000 |
|
EBITDA |
|
1.340.000.000 |
1.235.000.000 |
|
|
Summary The 2013 financial result structure is a postive
working captial of 1.649.000.000 euro, which is in agreement with 14 % of the
total assets of the company.
The working capital has diminished with -1.96
% compared to previous year. The ratio with respect to the total assets of the company
remains unchanged.
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
1.51. A company with a current ratio between 1.5 and 3.0 generally indicates good
short-term financial strength.
The quick ratio in 2013 of the company was
0.79. 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 1.682.000.000 euro, which is in agreement with 14 %
of the total assets of the company.
The working capital has diminished with
-44.83 % compared to previous year. The ratio, with respect to the total assets
of the company has however, declined.
The deterioration between 2011 and 2012 has
mainly been caused by an increase of the
current liabilities.
The current ratio of the company in 2012 was
1.53. A company with a current ratio between 1.5 and 3.0 generally indicates
good short-term financial strength.
The quick ratio in 2012 of the company was
0.96. 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 financial statements
shown in the report relate to the consolidated financial statements of the
group.
Type
of annual account Consolidated
Annual
account Koninklijke
DSM N.V.
Het Overloon 1
6411TE Heerlen
Netherlands
Registration number: 140220690000
Balance
sheet
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Intangible fixed assets |
2.705.000.000 |
2.793.000.000 |
1.786.000.000 |
1.070.000.000 |
1.053.000.000 |
|
Tangible fixed assets |
3.822.000.000 |
3.811.000.000 |
3.405.000.000 |
2.943.000.000 |
3.477.000.000 |
|
Financial fixed assets |
615.000.000 |
521.000.000 |
462.000.000 |
622.000.000 |
855.000.000 |
|
Fixed assets |
7.142.000.000 |
7.125.000.000 |
5.653.000.000 |
4.635.000.000 |
5.385.000.000 |
|
|
|||||
|
Total stock |
2.312.000.000 |
1.803.000.000 |
1.573.000.000 |
1.340.000.000 |
1.359.000.000 |
|
Accounts receivable |
1.526.000.000 |
1.569.000.000 |
1.551.000.000 |
1.361.000.000 |
1.321.000.000 |
|
Other receivables |
242.000.000 |
348.000.000 |
322.000.000 |
1.691.000.000 |
209.000.000 |
|
Total receivables |
1.768.000.000 |
1.917.000.000 |
1.873.000.000 |
3.052.000.000 |
1.530.000.000 |
|
Liquid funds |
795.000.000 |
1.121.000.000 |
2.058.000.000 |
1.453.000.000 |
1.340.000.000 |
|
accruals |
|
|
|
|
25.000.000 |
|
Current assets |
4.875.000.000 |
4.841.000.000 |
5.504.000.000 |
5.845.000.000 |
4.229.000.000 |
|
Total assets |
12.017.000.000 |
11.966.000.000 |
11.157.000.000 |
10.480.000.000 |
9.614.000.000 |
|
Minority interests |
190.000.000 |
168.000.000 |
190.000.000 |
96.000.000 |
62.000.000 |
|
Total equity |
5.908.000.000 |
5.874.000.000 |
5.784.000.000 |
5.481.000.000 |
4.949.000.000 |
|
|
|||||
|
Provisions |
539.000.000 |
361.000.000 |
308.000.000 |
248.000.000 |
218.000.000 |
|
Long term interest yielding debt |
2.154.000.000 |
2.404.000.000 |
2.420.000.000 |
2.322.000.000 |
2.413.000.000 |
|
Long term liabilities |
2.154.000.000 |
2.404.000.000 |
2.420.000.000 |
2.322.000.000 |
2.413.000.000 |
|
Accounts payable |
1.328.000.000 |
1.453.000.000 |
1.348.000.000 |
1.277.000.000 |
1.169.000.000 |
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Other short term liabilities |
1.898.000.000 |
1.706.000.000 |
1.107.000.000 |
1.056.000.000 |
796.000.000 |
|
Short term liabilities |
3.226.000.000 |
3.159.000.000 |
2.455.000.000 |
2.333.000.000 |
1.965.000.000 |
|
Other liabilities |
|
|
|
|
7.000.000 |
|
Total short and long term liabilities |
5.919.000.000 |
5.924.000.000 |
5.183.000.000 |
4.903.000.000 |
4.603.000.000 |
|
Total liabilities |
12.017.000.000 |
11.966.000.000 |
11.157.000.000 |
10.480.000.000 |
9.614.000.000 |
Summary
The total assets remained
the same between 2012 and 2013.
The total assets are entirely composed of
current assets.
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 59.43
% composed of fixed assets and 40.57 % by current assets. The assets are being
financed by an equity of 49.16 %, and total debt of 50.84 %.
The total assets of the company increased
with 7.25 % between 2011 and 2012.
The total asset increase is retrievable in
the fixed asset growth of 26.04 %.
The asset growth has mainly been financed by
a debt increase of 14.3 %. The Net Worth,
however, grew with 1.56 %.
In 2012 the assets of the company were 59.54
% composed of fixed assets and 40.46 % by current assets. The assets are being
financed by an equity of 49.09 %, and total debt of 50.91 %.
Profit
and loss
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Revenues |
9.667.000.000 |
9.119.000.000 |
9.170.000.000 |
9.185.000.000 |
7.610.000.000 |
|
Other operating income |
49.000.000 |
71.000.000 |
120.000.000 |
135.000.000 |
179.000.000 |
|
|
|
|
|
|
|
|
Wages and salaries |
|
|
|
1.482.000.000 |
|
|
Amorization and depreciation |
|
451.000.000 |
314.000.000 |
|
|
|
Sales |
1.862.000.000 |
6.479.000.000 |
6.598.000.000 |
6.598.000.000 |
|
|
other operating costs |
|
1.300.000.000 |
1.337.000.000 |
298.000.000 |
|
|
Operating expenses |
8.944.000.000 |
8.230.000.000 |
8.249.000.000 |
8.378.000.000 |
7.241.000.000 |
|
Result in subsidiaries |
-2.000.000 |
3.000.000 |
5.000.000 |
5.000.000 |
-4.000.000 |
|
Operating result |
723.000.000 |
889.000.000 |
921.000.000 |
807.000.000 |
369.000.000 |
|
|
|||||
|
Financial income |
11.000.000 |
17.000.000 |
9.000.000 |
9.000.000 |
|
|
Financial expenses |
166.000.000 |
99.000.000 |
111.000.000 |
106.000.000 |
111.000.000 |
|
Financial result |
-155.000.000 |
-82.000.000 |
-102.000.000 |
-97.000.000 |
-111.000.000 |
|
Result on ordinary operations before taxes |
566.000.000 |
810.000.000 |
824.000.000 |
715.000.000 |
254.000.000 |
|
|
|||||
|
Taxation on the result of ordinary
activities |
76.000.000 |
147.000.000 |
189.000.000 |
189.000.000 |
59.000.000 |
|
Result of ordinary activities after taxes |
490.000.000 |
663.000.000 |
635.000.000 |
526.000.000 |
195.000.000 |
|
|
|||||
|
Extraordinary income |
95.000.000 |
|
15.000.000 |
|
|
|
Extraordinary expense |
316.000.000 |
23.000.000 |
125.000.000 |
1.000.000 |
|
|
Extraordinary result after taxation |
-221.000.000 |
-23.000.000 |
-110.000.000 |
-1.000.000 |
|
|
Net result |
269.000.000 |
640.000.000 |
525.000.000 |
525.000.000 |
195.000.000 |
Summary
The turnover of the company grew with 6.3 % between
2012 and 2013.
The gross profit of the company decreased by
-1.28 % between 2012 and 2013.
The operating result of the company declined
with -18.67 % 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 -30.43
% of the analysed period, being equal to 2012
% in the year 2013.
Despite the decline the assets turnover
increased by 5.26 % reaching 0.8.
The Net Result of the company increased by
-57.97 % 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
-30.53 % of the analysed period, being 9.58 %
in the year 2013.
The company's financial profitability has
been positively affected by its financial structure.
The turnover of the company remained the same
between 2011 and 2012.
The gross profit of the company grew with
4.77 % between 2011 and 2012.
The operating result of the company declined
with -3.47 % 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 -8.39 %
of the analysed period, being equal to 2011 %
in the year 2012.
This fall has contributed to a asset turnover
decrease, whose index evolved from -6.17 to a
level of 0.76.
The Net Result of the company decreased by
21.9 % 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 -3.23 % of the analysed period, being
13.79 % in the year 2012.
The company's financial profitability has been positively affected by
its financial structure.
Analysis
Branch
(SBI) MANUFACTURE OF CHEMICALS
AND CHEMICAL PRODUCTS (20)
Region
Limburg
In the Netherlands 1365 of the companies are
registered with the SBI code 20
In the region Limburg 121 of the companies
are registered with the SBI code 20
In the Netherlands 17 of the bankrupcties 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 Limburg is normal
Publications
Consent
statements 14-05-2014: Voor boekjaar
2013 is een instemmingsverklaring gedeponeerd.
22-05-2013: Voor boekjaar 2012 is een
instemmingsverklaring gedeponeerd.
27-06-2012: Voor boekjaar
2011 is een instemmingsverklaring gedeponeerd.
Functions
18-02-2015: Per 01-02-2015
is gevolmachtigde Jackeline Francisca Amman in functie
getreden.
08-07-2014: Per 01-06-2014
is gevolmachtigde Mark Johannes Hubertina Ramaekers in
functie getreden.
08-07-2014: Per 01-06-2014 is
gevolmachtigde Jackeline Francisca van Lent-Amman uit
functie getreden.
03-12-2013: Per 01-12-2013 is gevolmachtigde
Leonardus Lucas Plas uit functie getreden.
03-12-2013: Per 01-12-2013 is gevolmachtigde
Marc Mechtildis Johannes Baggen uit functie getreden.
06-05-2013: Per 01-05-2013 is gevolmachtigde
Robert Franciscus Gabriël Rijlaarsdam in
functie getreden.
06-05-2013: Per 01-05-2013 is gevolmachtigde
Margaretha Veltman-Verduin in functie
getreden.
06-05-2013: Per 01-05-2013 is gevolmachtigde
Jackeline Francisca van Lent-Amman in
functie getreden.
06-05-2013: Per 01-05-2013 is gevolmachtigde
Edwin Berends in functie getreden.
06-05-2013: Per 01-05-2013 is gevolmachtigde
Dennis van de Water uit functie getreden.
06-05-2013: Per 01-05-2013 is gevolmachtigde
Marcellinus Plechelmus Gerhardus Thijert uit functie getreden.
06-05-2013: Per 01-05-2013 is gevolmachtigde
Bianca Marie-Louise Henriëtte Saren uit
functie getreden.
05-02-2013: Per 01-01-2013 is bestuurder
Johannes Henricus Maria Jansen in functie
getreden.
05-02-2013: Per 01-02-2013 is gevolmachtigde
Mark Johan Michael Zabawa in functie
getreden.
29-01-2013: Per 01-01-2013 is gevolmachtigde
Geert Cornelis van Gerwen in functie
getreden.
29-01-2013: Per 01-01-2013 is gevolmachtigde Johannes
Henricus Maria Jansen uit functie
getreden.
29-01-2013: Per 01-01-2013 is gevolmachtigde
Cyriel Guillaume Annet Marie Ritt uit functie
getreden.
24-08-2012: Per 01-08-2012 is gevolmachtigde
Johannes Henricus Maria Jansen in functie
getreden.
24-08-2012: Per 01-08-2012 is gevolmachtigde
Anouska Paula Antonia van Ginkel uit functie
getreden.
24-08-2012: Per 01-08-2012 is gevolmachtigde
Sasja Anne Huib Spiertz uit functie getreden.
24-08-2012: Per 01-08-2012 is gevolmachtigde
Maaike Ellen Wilma Lambrichts uit functie
getreden.
24-08-2012: Per 01-08-2012 is gevolmachtigde
Godfried Marie Johan Kleuskens uit functie
getreden.
24-08-2012: Per 01-08-2012 is gevolmachtigde
Peter van Cooten uit functie getreden.
01-05-2012: Per 01-04-2012 is gevolmachtigde
Lodewijk Jan Hendrik Liebrecht in functie
getreden.
01-05-2012: Per 01-04-2012 is gevolmachtigde
Monique Gemma Tijhuis-Musch in functie
getreden.
01-05-2012: Per 01-04-2012 is gevolmachtigde
Pieter Maria Gerard Boon in functie getreden.
01-05-2012: Per 01-04-2012 is gevolmachtigde
Hubertus Peter Terpstra uit functie getreden.
01-05-2012: Per 01-04-2012 is gevolmachtigde
Ellen Liesbeth de Koning-Kuppens uit functie getreden.
01-05-2012: Per 01-04-2012 is gevolmachtigde
Ronald Johan Koster uit functie getreden.
21-12-2011: Per 01-12-2011 is gevolmachtigde
Robert Wilhelm Maria Reinartz uit functie
getreden.
21-12-2011: Per 01-12-2011 is gevolmachtigde
Anouska Paula Antonia van Ginkel in functie getreden.
21-12-2011: Per 01-12-2011 is gevolmachtigde
Yvar van den Winkel in functie getreden.
21-12-2011: Per 01-12-2011 is gevolmachtigde
Daniël van Ballegoij in functie getreden.
21-12-2011: Per 01-12-2011 is gevolmachtigde
Anne-Heep Veldhuis in functie getreden.
21-12-2011: Per 01-12-2011 is gevolmachtigde Martijn
Christiaan Rotman uit functie
getreden.
21-12-2011: Per 01-12-2011 is gevolmachtigde
Rob Geelen uit functie getreden.
09-11-2011: Per 22-04-2003 is
procuratiehouder Robert Wilhelm Maria Reinartz uit functie getreden.
09-11-2011: Per 22-04-2003 is gevolmachtigde
Robert Wilhelm Maria Reinartz in functie
getreden.
11-04-2011: Per 01-03-2011 is gevolmachtigde
Dirk Uittenboogaard uit functie getreden.
04-04-2011: Per 01-03-2011 is gevolmachtigde
David Angus Hitchins in functie getreden.
04-04-2011: Per 01-03-2011 is gevolmachtigde
Martijn Christiaan Rotman in functie
getreden.
04-04-2011: Per 01-03-2011 is gevolmachtigde
Rob Geelen in functie getreden.
04-04-2011: Per 01-03-2011 is gevolmachtigde
Sasja Anne Huib Spiertz in functie getreden.
04-04-2011: Per 01-03-2011 is gevolmachtigde
Maurice Johannes Hubertus Gerardus Muris in functie getreden.
04-04-2011: Per 01-03-2011 is gevolmachtigde
Dirk-Willem Dupper uit functie getreden.
Amendments 05-02-2013: Per 1-1-2013 is de bevoegdheid
van Bestuurder Amedé Joseph Marie Simon Robeerst gewijzigd.
Company
structure
Relations 105
Koninklijke
DSM N.V.
Het
Overloon 1
6411TE
Heerlen
Netherlands
Registration
number: 140220690000
•
DSM Nederland B.V.
Het
Overloon 1
6411TE
HEERLEN
Netherlands
Registration
number: 140808440000
•
DSM Acrylonitrile B.V.
Poststraat
1
6135KR
Sittard
Netherlands
Registration
number: 140520720000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.40 |
|
|
1 |
Rs.95.42 |
|
Euro |
1 |
Rs.68.49 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
ASH |
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.