MIRA
INFORM REPORT
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Report No. : |
334298 |
|
Report Date : |
01.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
FRIESLANDCAMPINA RIEDEL B.V. |
|
|
|
|
Registered Office : |
Frankeneng 12 6717AG |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
01.07.2007 |
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|
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|
Com. Reg. No.: |
KvK-nummer: 09172592 |
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|
|
Legal Form : |
Private Company |
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|
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|
Line of Business : |
· Manufacture of fruit and vegetable juice · Manufacture of soft drinks; production of mineral waters and other bottled waters |
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|
|
No. of Employees : |
257 (2015) |
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 |
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|
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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
The Netherlands, the sixth-largest economy in the European Union, plays an important role as a European transportation hub, with a persistently high trade surplus, stable industrial relations, and moderate unemployment. Industry focuses on 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 food-processing and underpins the country’s status as the world’s second largest agricultural exporter. The Netherlands is part of the Eurozone, and as such, its monetary policy is controlled by the European Central Bank. The Dutch financial sector is highly concentrated, with four commercial banks possessing over 90% of banking assets. The sector suffered as a result of the global financial crisis and required billions of dollars of government support, but the European Banking Authority completed stringent reviews in 2014 and deemed Dutch banks to be well-capitalized. To address the 2009 and 2010 economic downturns, the government sought to stimulate the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credits. 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 has since implemented significant austerity measures to improve public finances and has instituted broad structural reforms in key policy areas, including the labor market, the housing sector, the energy market, and the pension system. As a result, the government budget deficit at the end of 2014 dropped to 1.8% of GDP. Following a protracted recession during which unemployment doubled to 7.4% and household consumption contracted for nearly three consecutive years, the year 2014 saw fragile GDP growth of 0.8 percent and a rise in most economic indicators. Drivers of growth included increased exports and business investments, as well as newly invigorated household consumption.
|
Source
: CIA |
Summary
Company name FrieslandCampina
Riedel B.V.
Operative address Frankeneng 12
6717AG Ede
Netherlands
Legal form Private Company
Registration number KvK-nummer:
09172592
VAT-number 818387828
|
Year |
2014 |
Mutation |
2013 |
Mutation |
2012 |
|
Fixed assets |
4.436.000.000 |
14,24 |
3.883.000.000 |
5,17 |
3.692.000.000 |
|
Total receivables |
1.354.000.000 |
-0,88 |
1.366.000.000 |
9,19 |
1.251.000.000 |
|
Total equity |
2.587.000.000 |
7,57 |
2.405.000.000 |
0,42 |
2.395.000.000 |
|
Short term liabilities |
2.696.000.000 |
-2,53 |
2.766.000.000 |
2,14 |
2.708.000.000 |
|
Net result |
303.000.000 |
92,99 |
157.000.000 |
-42,70 |
274.000.000 |
|
Working capital |
544.000.000 |
17,49 |
463.000.000 |
5,71 |
438.000.000 |
|
Quick ratio |
0,73 |
4,29 |
0,70 |
-5,41 |
0,74 |
Contact information
Company name FrieslandCampina
Riedel B.V.
Trade names FrieslandCampina
Riedel B.V.
FrieslandCampina Benelux
FrieslandCampina Riedel
FrieslandCampina Corporate Procurement
FrieslandCampina Innovation
FrieslandCampina Branded Netherlands /
Belgium
FrieslandCampina Branded Netherlands
Operative address Frankeneng 12
6717AG Ede
Netherlands
Correspondence address Postbus 64
6710BB Ede
Netherlands
Telephone number 0318679911
Email address info@frieslandcampina.com
Registration
Registration number KvK-nummer:
09172592
Branch number 000019195524
VAT-number 818387828
Status Active
First registration company register 2007-07-02
Memorandum 2007-06-30
Establishment date 2007-07-01
Legal form Private Company
Last proposed admendment 2009-10-22
Issued placed capital EUR 500.000
Paid up share capital EUR 500.000
Activities
SBI Manufacture of
fruit and vegetable juice (1032)
Manufacture of soft drinks; production of mineral
waters and other bottled waters (1107)
ISO certified Yes
Exporter No
Importer No
Goal De productie van, marketing van en de verkoop van sappen, sappengerelateerde producten, fris- dranken, snacks, zuivel en zuivelgerelateerde producten.
Relations
Shareholders FrieslandCampina
Nederland Holding B.V.
Stationsplein 4
3818LE AMERSFOORT
Netherlands
Registration number: 180396140000
Percentage: 100%
Branches FrieslandCampina
Riedel B.V.
Vening Meineszstraat 4
6717AJ EDE GLD
Netherlands
Registration number: 091725920001
FrieslandCampina Riedel B.V.
Frankeneng 12
6717AG EDE GLD
Netherlands
Registration number: 091725920002
Companies on same address FrieslandCampina
Riedel B.V.
Registration
number: 091725920002
FrieslandCampina Nederland Holding B.V.
Registration number: 180396140019
Personeelsvereniging Riedel
Registration number: 528669040000
Liability statements Koninklijke
FrieslandCampina N.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110575440000
date of issue: 2011-01-24
Starting date: 2010-01-01
Management
Active management FrieslandCampina
Nederland Holding B.V.
Stationsplein 4
3818LE AMERSFOORT
Netherlands
Registration number: 180396140000
Competence: Fully authorized
Function: Manager
Starting date: 2010-01-01
W.H. de Graaf (Winette Hendrika)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2010-03-30
Date of birth: 1975-05-15, Weststellingwerf,
NL
Involved with the following companies
• FrieslandCampina Nederland Holding B.V.
Stationsplein 4
3818LE AMERSFOORT
Netherlands
Registration number: 180396140000
Function: Proxy
• FrieslandCampina Kievit B.V.
Oliemolenweg 4A
7944HX MEPPEL
Netherlands
Registration number: 011232350000
Function: Proxy
• FrieslandCampina Werknemers B.V.
Frisaxstraat 4
8471ZW WOLVEGA
Netherlands
Registration number: 110253990000
Function: Proxy
• FrieslandCampina Kievit B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 011232350001
Function: Proxy
E.W. Groot Koerkamp (Everardus Wilhelmus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-03-01
Date of birth: 1970-01-13, Apeldoorn, NL
Involved with the following companies
• FrieslandCampina Cheese & Butter
B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 310163130000
Function: Proxy
• FrieslandCampina Cheese & Butter
B.V.
Stationsplein 4
3818LE AMERSFOORT
Netherlands
Registration number: 310163130001
Function: Proxy
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
R.M. Noordermeer
(Raymond Maurice)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2007-07-01
Date of birth: 1964-07-27, 's-Gravenhage, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
E.J. Bisschoff (Erwin Johannes)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2010-06-24
Date of birth: 1962-01-03, Heerlen, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
J. van der Borst (Johannes)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2010-06-24
Date of birth: 1960-05-29, Putte, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
C. de Vries (Cornelis)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-01-14
Date of birth: 1964-10-27, Hoogkerk, NL
Involved with the following companies
• FrieslandCampina Kievit B.V.
Oliemolenweg 4A
7944HX MEPPEL
Netherlands
Registration number: 011232350000
Function: Proxy
• FrieslandCampina Werknemers B.V.
Frisaxstraat 4
8471ZW WOLVEGA
Netherlands
Registration number: 110253990000
Function: Proxy
• FrieslandCampina Kievit B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 011232350001
Function: Proxy
P.J.M. Haasen (Petrus Johannes Maria)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-07-01
Date of birth: 1968-11-01, Ottersum, NL
I. Mannaerts - Oerlemans (Irene)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-11-01
Date of birth: 1971-04-20, Weert, NL
J. Hagedorn (Jürgen)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-05-01
Date of birth: 1968-03-02, Kalkar, DE
B.A.A.A. Roelofs - Nissen (Bas Anthonius Adrianus
Alphons)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-05-01
Date of birth: 1973-11-30, Nistelrode, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
S.M. Zweers (Sebastiaan Michiel)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-01-01
Date of birth: 1974-12-14, Hardenberg, NL
Involved with the following companies
• FrieslandCampina Kievit B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 011232350001
Function: Proxy
• Koninklijke FrieslandCampina N.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110575440000
Function: Proxy
G. Sklikas (Grigorios)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-09-23
Date of birth: 1964-06-11, Athene, GR
Involved with the following companies
• Koninklijke FrieslandCampina N.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110575440000
Function: Manager
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
M. Skotnicki - Hoogland (Marjanna)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-06-01
Date of birth: 1967-01-17, Sneek, NL
A.A. Haisma (Albertiene Anna)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-06-01
Date of birth: 1985-05-06, Opsterland, NL
S.J.A. van Gent (Suzan Johanna Antonia)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-07-01
Date of birth: 1976-08-24, Wamel, NL
J.C.M. Apeldoorn (Judith Catharina Maria)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-11-13
Date of birth: 1979-01-29, Den Helder, NL
Involved with the following companies
• FrieslandCampina
Kievit B.V.
Oliemolenweg 4A
7944HX MEPPEL
Netherlands
Registration number: 011232350000
Function: Proxy
• FrieslandCampina Werknemers B.V.
Frisaxstraat 4
8471ZW WOLVEGA
Netherlands
Registration number: 110253990000
Function: Proxy
• FrieslandCampina Kievit B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 011232350001
Function: Proxy
T.P. Kwakkenbos (Thomas Petrus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-03-07
Date of birth: 1965-09-30, Woerden, NL
Involved with the following companies
• FrieslandCampina Kievit B.V.
Oliemolenweg 4A
7944HX MEPPEL
Netherlands
Registration number: 011232350000
Function: Proxy
• FrieslandCampina Werknemers B.V.
Frisaxstraat 4
8471ZW WOLVEGA
Netherlands
Registration number: 110253990000
Function: Proxy
• FrieslandCampina Kievit B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 011232350001
Function: Proxy
D. Westdijk (Dirk)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-02-21
Date of birth: 1984-03-01, Alphen aan den
Rijn, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
O.R.M. Gockel (Olaf Raymund Maria)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-02-21
Date of birth: 1972-03-15, Frankfurt am
Main, DE
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
H.J.J. In der Rieden (Huub Johannes
Jozephus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-02-21
Date of birth: 1977-02-22, Emmen, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
F.N. Habermehl (Floris Nicolaas)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-02-21
Date of birth: 1978-07-19, Zwolle, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
R.H.J. Loo (Roger Hubert Jozef)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-02-21
Date of birth: 1980-04-02, Brunssum, NL
Involved with the following companies
• FrieslandCampina Consumer Products Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
D.R.G. Chatard (David René Gabriel)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-02-21
Date of birth: 1972-07-14, Gap, FR
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
M. Berendsen (Manon)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-02-01
Date of birth: 1982-04-20, Herwen en Aerdt,
NL
Involved with the following companies
• FrieslandCampina Werknemers B.V.
Frisaxstraat 4
8471ZW WOLVEGA
Netherlands
Registration number: 110253990000
Function: Proxy
• FrieslandCampina Kievit B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 011232350001
Function: Proxy
J.C.J. Sandmann (Jurgen Clemens Johannes)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-09-23
Date of birth: 1975-05-06, 's-Hertogenbosch,
NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
H.S. Zijlstra (Herre Siemen)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-09-01
Date of birth: 1980-03-31, Franeker, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
A.G. Beverwijk (Anneloes Georgette)
Netherlands
Competence: Limited authorization
Function: Proxy
FrieslandCampina Riedel B.V.
Starting date: 2014-09-23
Date of birth: 1978-07-29, Augusta, US
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
J.M.H. van Lokven (Johannes Marinus
Henricus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-09-23
Date of birth: 1970-02-25, Venray, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
B.H.M. Kodden (Bernardus Hermannus Maria)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-01-01
Date of birth: 1974-01-12, Deventer, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
A. Carter - Stoové (Anne-Roos)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-01-01
Date of birth: 1980-12-29, Delft, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
E.C.M. Dittrich (Evelien Charlotte Marie)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-01-01
Date of birth: 1987-07-15, Venlo, NL
Involved with the following companies
• FrieslandCampina Consumer Products
Europe B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110573840013
Function: Proxy
J.W. Menkveld (Jan Willem)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-01-01
Date of birth: 1957-10-10, Zwolle, NL
Involved with the following companies
• FrieslandCampina Kievit B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 011232350001
Function: Proxy
• Koninklijke FrieslandCampina N.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110575440000
Function: Proxy
J.E. van Middelaar (Johanna Everarda)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-01-01
Date of birth: 1972-11-15, Hoogland, NL
Involved with the following companies
• FrieslandCampina Kievit B.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 011232350001
Function: Proxy
• Koninklijke FrieslandCampina N.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110575440000
Function: Proxy
M.P.G. Pols (Marcellus Petrus Gerardus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-02-01
Date of birth: 1966-09-21, 's-Hertogenbosch,
NL
Involved with the following companies
S. Schipper (Siska)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-09-23
Date of birth: 1973-08-04, Nijmegen, NL
M.E.L. van Petersen - van Stratum (Maria
Elizabeth Lamberta)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-04-01
Date of birth: 1982-04-02, Maarheeze, NL
P.A. Navarro y Koren (Peter Antonio)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-06-01
Date of birth: 1976-05-13, Tilburg, NL
Employees
|
Year |
2015 |
2014 |
2013 |
2012 |
|
Total |
257 |
257 |
257 |
257 |
Key figures
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Quick ratio |
0,73 |
0,70 |
0,74 |
0,77 |
0,68 |
|
Current ratio |
1,20 |
1,17 |
1,16 |
1,30 |
1,17 |
|
|
|
|
|
|
|
|
Working capital/ balance total |
0,07 |
0,07 |
0,06 |
0,11 |
0,07 |
|
Equity / balance total |
0,34 |
0,34 |
0,35 |
0,37 |
0,37 |
|
Equity / Fixed assets |
0,58 |
0,62 |
0,65 |
0,69 |
0,68 |
|
Equity / liabilities |
0,53 |
0,54 |
0,55 |
0,62 |
0,61 |
|
Balance total / liabilities |
1,58 |
1,59 |
1,58 |
1,65 |
1,64 |
|
|
|
|
|
|
|
|
Working capital |
544.000.000 |
463.000.000 |
438.000.000 |
606.000.000 |
350.000.000 |
|
|
|
|
|
|
|
|
Equity |
2.587.000.000 |
2.405.000.000 |
2.395.000.000 |
2.148.000.000 |
1.961.000.000 |
|
|
|
|
|
|
|
|
Mutation equity |
7,57 |
0,42 |
11,50 |
9,54 |
18,70 |
|
Mutation short term liabilities |
-2,53 |
2,14 |
32,62 |
-1,40 |
18,68 |
|
|
|
|
|
|
|
|
Return on total assets (ROA) |
5,91 |
6,55 |
6,45 |
5,99 |
7,13 |
|
Return on equity (ROE) |
17,55 |
19,38 |
18,41 |
16,01 |
19,28 |
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Gross profit margin |
4,31 |
4,49 |
4,68 |
4,19 |
4,84 |
|
Net profit margin |
2,67 |
1,38 |
2,66 |
2,24 |
3,18 |
|
|
|||||
|
Average collection ratio |
4,21 |
4,13 |
3,81 |
4,71 |
4,33 |
|
Average payment ratio |
8,38 |
8,36 |
8,24 |
8,42 |
7,98 |
|
Equity turnover ratio |
4,39 |
4,75 |
4,30 |
4,48 |
4,58 |
|
Total assets turnover ratio |
1,48 |
1,61 |
1,51 |
1,68 |
1,69 |
|
Fixed assets turnover ratio |
2,56 |
2,94 |
2,79 |
3,11 |
3,12 |
|
Inventory conversion ratio |
8,98 |
8,76 |
9,05 |
8,87 |
8,93 |
|
|
|||||
|
Turnover |
11.348.000.000 |
11.418.000.000 |
10.309.000.000 |
9.626.000.000 |
8.972.000.000 |
|
Operating result |
489.000.000 |
513.000.000 |
482.000.000 |
403.000.000 |
434.000.000 |
|
Net result after taxes |
303.000.000 |
157.000.000 |
274.000.000 |
216.000.000 |
285.000.000 |
|
|
|||||
|
Gross profit |
11.348.000.000 |
11.418.000.000 |
10.309.000.000 |
9.626.000.000 |
8.972.000.000 |
|
EBIT |
489.000.000 |
513.000.000 |
482.000.000 |
403.000.000 |
434.000.000 |
Summary
The 2014 financial result structure is a postive working captial of 544.000.000 euro, which is in agreement with 7 % of the total assets of the company.
The working capital has increased with 17.49 % compared to previous year. The ratio with respect to the total assets of the company remains unchanged.
The improvement between 2013 and 2014 has mainly been caused by an increase of the current assets.
The current ratio of the company in 2014 was 1.2. When the current ratio is below 1.5, the company may have problems meeting its short-term obligations.
The quick ratio in 2014 of the company was 0.73. A company with a Quick Ratio of less than 1 cannot currently pay back its current liabilities.
The 2013 financial result structure is a postive working captial of 463.000.000 euro, which is in agreement with 7 % of the total assets of the company.
The working capital has increased with 5.71 % compared to previous year. The ratio, with respect to the total assets of the company has however, increased.
The improvement between 2012 and 2013 has mainly been caused by an increase of the current assets.
The current ratio of the company in 2013 was 1.17. 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 0.7. A company with a Quick Ratio of less than 1 cannot currently pay back its current liabilities
Financial statement
Last annual account 2014
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
FrieslandCampina N.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110575440000
Balance
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
End date |
2014-12-31 |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
|
Intangible fixed assets |
1.258.000.000 |
1.182.000.000 |
1.290.000.000 |
945.000.000 |
916.000.000 |
|
Tangible fixed assets |
2.589.000.000 |
2.183.000.000 |
1.918.000.000 |
1.660.000.000 |
1.495.000.000 |
|
Financial fixed assets |
589.000.000 |
518.000.000 |
484.000.000 |
486.000.000 |
467.000.000 |
|
Fixed assets |
4.436.000.000 |
3.883.000.000 |
3.692.000.000 |
3.091.000.000 |
2.878.000.000 |
|
Total stock |
1.264.000.000 |
1.303.000.000 |
1.139.000.000 |
1.085.000.000 |
1.005.000.000 |
|
Accounts receivable |
1.196.000.000 |
1.224.000.000 |
1.139.000.000 |
964.000.000 |
926.000.000 |
|
Other receivables |
158.000.000 |
142.000.000 |
112.000.000 |
179.000.000 |
198.000.000 |
|
Total receivables |
1.354.000.000 |
1.366.000.000 |
1.251.000.000 |
1.143.000.000 |
1.124.000.000 |
|
Liquid funds |
622.000.000 |
560.000.000 |
756.000.000 |
420.000.000 |
292.000.000 |
|
Current assets |
3.240.000.000 |
3.229.000.000 |
3.146.000.000 |
2.648.000.000 |
2.421.000.000 |
|
Total assets |
7.676.000.000 |
7.112.000.000 |
6.838.000.000 |
5.739.000.000 |
5.299.000.000 |
|
|
|
|
|
|
|
|
Minority interests |
236.000.000 |
226.000.000 |
119.000.000 |
116.000.000 |
110.000.000 |
|
Total equity |
2.587.000.000 |
2.405.000.000 |
2.395.000.000 |
2.148.000.000 |
1.961.000.000 |
|
|
|
|
|
|
|
|
Provisions |
6.000.000 |
|
|
25.000.000 |
45.000.000 |
|
Long term interest yielding debt |
2.151.000.000 |
1.715.000.000 |
1.616.000.000 |
1.408.000.000 |
1.112.000.000 |
|
Long term liabilities |
2.151.000.000 |
1.715.000.000 |
1.616.000.000 |
1.408.000.000 |
1.112.000.000 |
|
Accounts payable |
1.324.000.000 |
2.245.000.000 |
2.135.000.000 |
843.000.000 |
738.000.000 |
|
Other short term liabilities |
1.372.000.000 |
521.000.000 |
573.000.000 |
1.199.000.000 |
1.333.000.000 |
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
End date |
2014-12-31 |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
|
Short term liabilities |
2.696.000.000 |
2.766.000.000 |
2.708.000.000 |
2.042.000.000 |
2.071.000.000 |
|
Total short and long term
liabilities |
4.853.000.000 |
4.481.000.000 |
4.324.000.000 |
3.475.000.000 |
3.228.000.000 |
|
Total liabilities |
7.676.000.000 |
7.112.000.000 |
6.838.000.000 |
5.739.000.000 |
5.299.000.000 |
Summary
The total assets of the company increased with 7.93 % between 2013 and 2014.
The total asset increase is retrievable in the fixed asset growth of 14.24 %.
The asset growth has mainly been financed by a debt increase of 8.3 %. The Net Worth, however, grew with 7.57 %.
In 2014 the assets of the company were 57.79 % composed of fixed assets and 42.21 % by current assets. The assets are being financed by an equity of 33.7 %, and total debt of 66.3
%.
The total assets of the company increased with 4.01 % between 2012 and 2013.
The total asset increase is retrievable in the fixed asset growth of 5.17 %.
The asset growth is explained by a reduction of 3.63 % of the company's in debtness, this while, the Net Worth remains unchanged.
In 2013 the assets of the company were 54.6 % composed of fixed assets and 45.4 % by current assets. The assets are being financed by an equity of 33.82 %, and total debt of 66.18 %.
Profit and loss
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Revenues |
11.413.000.000 |
11.441.000.000 |
10.324.000.000 |
9.646.000.000 |
8.992.000.000 |
|
Other operating income |
65.000.000 |
23.000.000 |
15.000.000 |
20.000.000 |
20.000.000 |
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Net turnover |
11.348.000.000 |
11.418.000.000 |
10.309.000.000 |
9.626.000.000 |
8.972.000.000 |
|
|
|||||
|
Operating expenses |
10.924.000.000 |
10.928.000.000 |
9.842.000.000 |
9.243.000.000 |
8.558.000.000 |
|
Result in subsidiaries |
13.000.000 |
8.000.000 |
16.000.000 |
13.000.000 |
13.000.000 |
|
Operating result |
489.000.000 |
513.000.000 |
482.000.000 |
403.000.000 |
434.000.000 |
|
|
|||||
|
Financial income |
9.000.000 |
25.000.000 |
47.000.000 |
34.000.000 |
40.000.000 |
|
Financial expenses |
57.000.000 |
80.000.000 |
104.000.000 |
106.000.000 |
109.000.000 |
|
Financial result |
-48.000.000 |
-55.000.000 |
-57.000.000 |
-72.000.000 |
-69.000.000 |
|
Result on ordinary operations
before taxes |
454.000.000 |
466.000.000 |
441.000.000 |
344.000.000 |
378.000.000 |
|
|
|||||
|
Taxation on the result of ordinary
activities |
151.000.000 |
109.000.000 |
167.000.000 |
128.000.000 |
93.000.000 |
|
Result of ordinary activities after
taxes |
303.000.000 |
357.000.000 |
274.000.000 |
216.000.000 |
285.000.000 |
|
|
|||||
|
Extraordinary expense |
|
200.000.000 |
|
|
|
|
Extraordinary result after taxation |
|
-200.000.000 |
|
|
|
|
Net result |
303.000.000 |
157.000.000 |
274.000.000 |
216.000.000 |
285.000.000 |
Summary
The turnover of the company remained the same between 2013 and 2014.
The operating result of the company declined with -4.68 % between 2013 and 2014. 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 -9.77 % of the analysed period, being equal to 2013 % in the year 2014.
This fall has contributed to a asset turnover decrease, whose index evolved from -8.07 to a level of 1.48.
The Net Result of the company decreased by 92.99 % between 2013 and 2014.
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 -9.44 % of the analysed period, being 17.55 % in the year 2014.
The company's financial profitability has been positively affected by its financial structure.
The turnover of the company grew with 10.76 % between 2012 and 2013.
The operating result of the company grew with 6.43 % between 2012 and 2013. 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 1.55 %
of the analysed period, being equal to 2012 % in the year 2013.
This growth has contributed to the increase in assets turnover, increasing by 6.62 % reaching 1.61.
The Net Result of the company increased by -42.7 % 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 5.27 % of the analysed period, being 19.38 % in the year 2013.
The company's financial structure has slowed down its financial profitability.
Analysis
Branch (SBI) Manufacture of
food products (10)
Region Veluwe
In the Netherlands 6059 of the companies are
registered with the SBI code 10
In the region Veluwe 297 of the companies are
registered with the SBI code 10
In the Netherlands 140 of the bankrupcties
are published within this sector
In the region Veluwe 3 of the bankruptcies
are published within this sector
The risk of this specific sector in the
Netherlands is normal
The risk of this specific sector in the
region Veluwe is normal
Publications
Consent statements 03-03-2015: Voor
boekjaar 2014 is een instemmingsverklaring gedeponeerd.
01-04-2014: Voor boekjaar 2013 is een
instemmingsverklaring gedeponeerd.
11-03-2013: Voor boekjaar 2012 is een
instemmingsverklaring gedeponeerd.
24-02-2012: Voor boekjaar 2011 is een
instemmingsverklaring gedeponeerd.
Functions 16-07-2015: Per
01-06-2015 is gevolmachtigde Peter Antonio Navarro y Koren in functie
getreden.
07-05-2015: Per 01-04-2015 is gevolmachtigde
Maria Elizabeth Lamberta van Stratum in
functie getreden.
07-05-2015: Per 01-04-2015 is gevolmachtigde
Johann Hermann Hubertus Statz uit functie
getreden.
13-04-2015: Per 01-01-2015 is gevolmachtigde
Johanna Everarda van Middelaar in functie
getreden.
13-04-2015: Per 01-01-2015 is gevolmachtigde
Sebastiaan Michiel Zweers in functie
getreden.
13-04-2015: Per 01-01-2015 is gevolmachtigde
Jan Willem Menkveld in functie getreden.
13-04-2015: Per 01-04-2015 is gevolmachtigde
Eduardus Lambertus Holtzer uit functie
getreden.
13-04-2015: Per 01-03-2015 is gevolmachtigde
Everardus Wilhelmus Groot Koerkamp in
functie getreden.
02-04-2015: Per 01-04-2015 is gevolmachtigde
Jeroen Hendrikus Willem Elfers uit functie
getreden.
27-03-2015: Per 01-02-2015 is gevolmachtigde
Marcellus Petrus Gerardus Pols in functie
getreden.
03-03-2015: Per 01-03-2015 is gevolmachtigde
Nicole Kist uit functie getreden.
11-02-2015: Per 01-01-2015 is gevolmachtigde
Evelien Charlotte Marie Dittrich in functie
getreden.
11-02-2015: Per 01-01-2015 is gevolmachtigde
Anne-Roos Carter-Stoové in functie
getreden.
11-02-2015: Per 01-01-2015 is gevolmachtigde
Adrianus Anthonius Henricus van der Linden
uit functie getreden.
11-02-2015: Per 01-02-2015 is gevolmachtigde
Manon Berendsen in functie getreden.
20-01-2015: Per 01-01-2015 is gevolmachtigde
Bernardus Hermannus Maria Kodden in
functie getreden.
19-01-2015: Per 01-09-2014 is gevolmachtigde
Herre Siemen Zijlstra uit functie getreden.
19-01-2015: Per 01-09-2014 is gevolmachtigde
Herre Siemen Zijlstra in functie getreden.
12-01-2015: Per 01-09-2014 is gevolmachtigde Herre Siemen Zijlstra in functie getreden.
12-01-2015: Per 01-09-2014 is gevolmachtigde Gerardus Johannes Henricus Poort uit
functie getreden.
12-01-2015: Per 01-01-2015 is gevolmachtigde Sebastiaan Gijsbertus van den Berg uit
functie getreden.
13-11-2014: Per 03-11-2014 is gevolmachtigde Jacobus Adrianus Maria Friedrich Castelein
uit functie getreden.
10-10-2014: Per 23-09-2014 is gevolmachtigde Siska Schipper in functie getreden.
10-10-2014: Per 23-09-2014 is gevolmachtigde Anneloes Georgette Beverwijk in functie
getreden.
10-10-2014: Per 23-09-2014 is gevolmachtigde Grigorios Sklikas in functie getreden.
10-10-2014: Per 23-09-2014 is gevolmachtigde Jurgen Clemens Johannes Sandmann in
functie getreden.
10-10-2014: Per 23-09-2014 is gevolmachtigde Johannes Marinus Henricus van Lokven in
functie getreden.
10-10-2014: Per 23-09-2014 is gevolmachtigde Pieter Joost Hoenderop uit functie getreden.
10-10-2014: Per 23-09-2014 is gevolmachtigde Henricus Ludwig Theodorus Raijmakers uit
functie getreden.
10-10-2014: Per 23-09-2014 is gevolmachtigde Thierry Edgard Couplez uit functie getreden.
10-10-2014: Per 23-09-2014 is gevolmachtigde Eric Serge Jelle Johan van Huisstede uit
functie getreden.
04-08-2014: Per 21-02-2014 is gevolmachtigde Adrianus Anthonius Henricus van der Linden
in functie getreden.
22-07-2014: Per 21-02-2014 is gevolmachtigde Gerardus Johannes Henricus Poort in functie
getreden.
23-05-2014: Per 21-02-2014 is gevolmachtigde David René Gabriel Chatard in functie
getreden.
08-05-2014: Per 07-03-2014 is gevolmachtigde Thomas Petrus Kwakkenbos in functie
getreden.
25-03-2014: Per 21-02-2014 is gevolmachtigde Albertiene Anna Haisma uit functie getreden.
25-03-2014: Per 21-02-2014 is gevolmachtigde Roger Hubert Jozef Loo in functie getreden.
25-03-2014: Per 21-02-2014 is gevolmachtigde Floris Nicolaas Habermehl in functie
getreden.
25-03-2014: Per 21-02-2014 is gevolmachtigde Pieter Joost Hoenderop in functie getreden.
25-03-2014: Per 21-02-2014 is gevolmachtigde Dirk Westdijk in functie getreden.
25-03-2014: Per 21-02-2014 is gevolmachtigde Huub Johannes Jozephus In der Rieden in
functie getreden.
25-03-2014: Per 21-02-2014 is gevolmachtigde Olaf Raymund Maria Gockel in functie
getreden.
25-03-2014: Per 21-02-2014 is gevolmachtigde Albertiene Anna Haisma in functie getreden.
25-03-2014: Per 21-02-2014 is gevolmachtigde Jacobus Adrianus Maria Friedrich Castelein
in functie getreden.
13-03-2014: Per 21-02-2014 is gevolmachtigde Bernd Clemens Franciscus Spelbos uit
functie getreden.
13-03-2014: Per 21-02-2014 is gevolmachtigde Wilco Berend van Dijken uit functie getreden.
13-03-2014: Per 21-02-2014 is gevolmachtigde Klaas Potkamp uit functie getreden.
10-12-2013: Per 13-11-2013 is gevolmachtigde Joke Nijhoff uit functie getreden.
05-12-2013: Per 13-11-2013 is gevolmachtigde Judith Catharina Maria Apeldoorn in functie
getreden.
30-07-2013: Per 10-07-2013 is gevolmachtigde Eduardus Lambertus Holtzer in functie
getreden.
30-07-2013: Per 01-07-2013 is gevolmachtigde Suzan Johanna Antonia van Gent in functie
getreden.
30-07-2013: Per 01-06-2013 is gevolmachtigde Albertiene Anna Haisma in functie getreden.
30-07-2013: Per 01-07-2013 is gevolmachtigde Leontien Johannes Philomena Elly Kouijzer
uit functie getreden.
30-07-2013: Per 01-07-2013 is gevolmachtigde Sander Kokke uit functie getreden.
03-07-2013: Per 01-06-2013 is gevolmachtigde Marjanna Skotnicki-Hoogland in functie
getreden.
03-07-2013: Per 15-05-2013 is gevolmachtigde Cornelis Gerardus Franciscus Buiks uit
functie getreden.
21-01-2013: Per 01-01-2013 is gevolmachtigde Job Andreas David Thewissen uit functie
getreden.
21-01-2013: Per 01-01-2013 is gevolmachtigde Joke Nijhoff in functie getreden.
03-01-2013: Per 01-01-2013 is gevolmachtigde Freek Rijna uit functie getreden.
27-12-2012: Per 01-12-2012 is gevolmachtigde Stefan Bulthuis uit functie getreden.
11-12-2012: Per 10-11-2012 is gevolmachtigde Petrus Johannes Maria Haasen uit functie
getreden.
11-12-2012: Per 01-07-2011 is gevolmachtigde Petrus Johannes Maria Haasen uit functie
getreden.
11-12-2012: Per 10-11-2012 is gevolmachtigde Petrus Johannes Maria Haasen in functie
getreden.
16-10-2012: Per 04-10-2012 is gevolmachtigde Jeroen Hendrikus Willem Elfers in functie
getreden.
05-07-2012: Per 01-06-2012 is gevolmachtigde Bernd Clemens Franciscus Spelbos in functie
getreden.
30-05-2012: Per 01-05-2012 is gevolmachtigde Sebastiaan Gijsbertus van den Berg in
functie getreden.
02-05-2012: Per 01-05-2012 is gevolmachtigde Jürgen Hagedorn in functie getreden.
02-05-2012: Per 01-05-2012 is gevolmachtigde Wilco Berend van Dijken in functie getreden.
02-05-2012: Per 01-05-2012 is gevolmachtigde Klaas Potkamp in functie getreden.
02-05-2012: Per 01-05-2012 is gevolmachtigde Bas Anthonius Adrianus Alphonsius Roelofs-
Nissen in functie getreden.
02-05-2012: Per 01-05-2012 is gevolmachtigde Robert Nicolaas Emile Teijink uit functie
getreden.
02-05-2012: Per 01-05-2012 is gevolmachtigde Patrick Leo Simone Reekmans uit functie
getreden.
01-03-2012: Per 01-02-2012 is gevolmachtigde Nicole Kist in functie getreden.
01-03-2012: Per 01-02-2012 is gevolmachtigde Ronald Casper Armand Westenberg uit
functie getreden.
29-11-2011: Per 01-11-2011 is gevolmachtigde Irene Mannaerts-Oerlemans in functie
getreden.
25-08-2011: Per 01-07-2011 is gevolmachtigde Cornelis Gerardus Franciscus Buiks in
functie getreden.
18-08-2011: Per 01-07-2011 is gevolmachtigde Leontien Johannes Philomena Elly Kouijzer
in functie getreden.
18-08-2011: Per 15-08-2011 is gevolmachtigde Baukje Ibelle de Boer uit functie getreden.
Company structure
Relations 74
Zuivelcoöperatie FrieslandCampina U.A.
Stationsplein 4
3818LE AMERSFOORT
Netherlands
Registration number: 110242210000
• Koninklijke FrieslandCampina N.V.
Stationsplein 4
3818LE Amersfoort
Netherlands
Registration number: 110575440000
• FrieslandCampina Nederland Holding B.V.
Stationsplein 4
3818LE AMERSFOORT
Netherlands
Registration number: 180396140000
• FrieslandCampina Riedel B.V.
Frankeneng 12
6717AG Ede
Netherlands
Registration number: 091725920000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.01 |
|
UK Pound |
1 |
Rs.99.84 |
|
Euro |
1 |
Rs.70.16 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
VNT |
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.