MIRA INFORM REPORT
|
Report No. : |
338163 |
|
Report Date : |
24.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
VLISCO NETHERLANDS B.V. |
|
|
|
|
Registered Office : |
Binnen Parallelweg 27, 5701PH Helmond |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
04.09.2010 |
|
|
|
|
Com. Reg. No.: |
50751492 |
|
|
|
|
Legal Form : |
Besloten Vennootschap |
|
|
|
|
Line of Business : |
Subject is engaged in finishing of textiles. |
|
|
|
|
No. of Employee : |
Not Available |
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 : |
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 – 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 |
VLISCO
NETHERLANDS B.V. |
|
|
Operative address |
Binnen Parallelweg 27 |
|
|
|
5701PH Helmond |
|
|
|
Netherlands |
|
|
|
|
|
|
Legal form |
Besloten Vennootschap |
|
|
Registration number |
KvK-nummer: 50751492 |
|
|
VAT-number |
822901225 |
|
|
Year |
2014 |
Mutation |
2013 |
Mutation |
2012 |
|
Fixed assets |
131.000.000 |
1,52 |
129.039.000 |
6,06 |
121.668.000 |
|
Total receivables |
24.000.000 |
63,76 |
14.656.000 |
1,52 |
14.436.000 |
|
Total equity |
46.200.000 |
-0,64 |
46.498.000 |
11,21 |
41.812.000 |
|
Short term liabilities |
139.900.000 |
91,26 |
73.147.000 |
23,08 |
59.432.000 |
|
Net result |
2.900.000 |
-59,99 |
7.249.000 |
-49,03 |
14.222.000 |
|
Working capital |
-21.400.000 |
-171,26 |
30.031.000 |
-14,73 |
35.220.000 |
|
Quick ratio |
0,25 |
-37,50 |
0,40 |
-23,08 |
0,52 |
Contact
information
|
Company name |
Vlisco Netherlands B.V. |
|
Trade names |
Vlisco Netherlands B.V. |
|
|
|
|
Operative address |
Binnen Parallelweg 27 |
|
|
5701PH Helmond |
|
|
Netherlands |
|
Correspondence address |
Binnen Parallelweg 27 |
|
|
5701PH Helmond |
|
|
Netherlands |
|
|
|
|
Telephone number |
0492570922 |
|
Email address |
info@vlisco.com |
Registration
|
|
|
|
Registration number |
KvK-nummer: 50751492 |
|
Branch number |
000000338168 |
|
VAT-number |
822901225 |
|
Status |
Active |
|
First registration company register |
2010-09-06 |
|
Memorandum |
2010-09-03 |
|
Establishment date |
2010-09-04 |
|
Legal form |
Besloten Vennootschap |
|
Last proposed admendment |
2011-06-30 |
|
Issued placed capital |
EUR 18.000 |
|
Paid up share capital |
EUR 18.000 |
Activities
|
|
|
|
SBI |
1330: Finishing of textiles |
|
|
|
|
Exporter |
No |
|
Importer |
No |
|
|
|
|
Goal |
Het vervaardigen en bewerken alsmede de handel in textielproducten,
kunststoffen, de daarvoor benodigde grondstoffen en de daaraan verwante goederen. |
Relations
|
Shareholders |
Vlisco B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17000185 Percentage: 100% |
|
|
|
|
Companies on same address (number) |
12 |
|
|
|
|
Liability statements |
African Fabrics Holdings B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 50631454 date of issue: 2011-08-03 Starting date: 2010-09-07 |
Management
|
Active management |
Vlisco B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17000185 Competence: Fully authorized Function: Manager Starting date: 2010-09-04 |
|
|
|
|
|
G.L.E. Slits Gerarda Lamberta Elisabeth Netherlands Competence: Limited authorization Function: Proxy Starting date: 2010-09-04 Date of birth: 1955-04-09, Erp, NL Involved with the following companies: Vlisco B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17000185 Function: Proxy P.F. Fransen Petrus Franciscus Netherlands Competence: Limited authorization Function: Proxy Starting date: 2010-09-04 Date of birth: 1962-07-21, Deurne, NL Involved with the following companies: Vlisco B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17000185 Function: Proxy Suplica B.V. Binnen Parallelweg 27 5701 PH HELMOND Netherlands Registration number: 17072970 Function: Proxy J.H.C. Verbeek Johannes Henricus Cornelis Netherlands Competence: Limited authorization Function: Proxy Starting date: 2010-09-04 Date of birth: 1962-09-21, Deurne, NL M. Reijntjes Mickel Netherlands Competence: Limited authorization Function: Proxy Starting date: 2010-09-04 Date of birth: 1970-05-10, Tegelen, NL Involved with the following companies: Suplica B.V. Binnen Parallelweg 27 5701 PH HELMOND Netherlands Registration number: 17072970 Function: Proxy J.J.W.J. van Waaijenburg - Martens Johanna Josina Wilhelmina Joha Netherlands Competence: Limited authorization Function: Proxy Starting date: 2010-09-04 Date of birth: 1963-01-30, Deurne, NL M.J. Ludowika Maria Jacqueline Netherlands Competence: Limited authorization Function: Proxy Starting date: 2010-09-04 Date of birth: 1984-12-26, Curaçao, AN Involved with the following companies: Suplica B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17072970 Function: Proxy P.M.C. van den Boomen Petronella Maria Cornelia Netherlands Competence: Limited authorization Function: Proxy Starting date: 2010-09-04 Date of birth: 1963-05-18, Helmond, NL Involved with the following companies: Suplica B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17072970 Function: Proxy G.M.L. Hems - van der Els Gertruda Maria Louise Netherlands Competence: Limited authorization Function: Proxy Starting date: 2010-09-04 Date of birth: 1955-08-25, Stiphout, NL Involved with the following companies: Vlisco B.V. Binnen Parallelweg 27 5701 PH HELMOND Netherlands Registration number: 17000185 Function: Proxy P.J. Geevers Paul Jan Netherlands Competence: Limited authorization Function: Proxy Starting date: 2010-09-04 Date of birth: 1982-05-03, Valkenswaard, NL Involved with the following companies: Suplica B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17072970 Function: Proxy T.R. van Beek Tamara Rosalinda Netherlands Competence: Limited authorization Function: Proxy Starting date: 2010-09-04 Date of birth: 1981-05-04, Beuningen, NL Involved with the following companies: Suplica B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17072970 Function: Proxy J.A.M. Ouwendijk Johannes Andreas Maria Netherlands Competence: Fully authorized Function: Proxy Starting date: 2011-02-07 Date of birth: 1953-12-31, Delft, NL Involved with the following companies: Vlisco B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17000185 Function: Proxy Suplica B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17072970 Function: Proxy F.S. Coyne Fiona Susan Netherlands Competence: Limited authorization Function: Proxy Starting date: 2011-02-07 Date of birth: 1969-08-24, Morvern, GB Involved with the following companies: Suplica B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17072970 Function: Proxy M.L. Lau Meei Ling Netherlands Competence: Limited authorization Function: Proxy Starting date: 2012-01-01 Date of birth: 1980-07-11, Geldrop, NL Involved with the following companies: Suplica B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17072970 Function: Proxy M.R. Damen Maria Regina Netherlands Competence: Limited authorization Function: Proxy Starting date: 2012-01-01 Date of birth: 1959-04-23, Amsterdam, NL Involved with the following companies: Suplica B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17072970 Function: Proxy Stichting International Dispensary Association Slochterweg 35 1027AA AMSTERDAM Netherlands Registration number: 33170905 Function: Member of the Board of Trustees W.E.A. van Seggelen - van Leeuwen Wilhelmina Elisabeth Adriana Netherlands Competence: Limited authorization Function: Proxy Starting date: 2012-03-01 Date of birth: 1967-11-03, Budel, NL Involved with the following companies: Suplica B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17072970 Function: Proxy J.J.W. Kruithof Jan Jacobus Willem Netherlands Competence: Limited authorization Function: Proxy Starting date: 2013-09-23 Date of birth: 1957-12-25, Rheden, NL Involved with the following companies: Suplica B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17072970 Function: Proxy A. Volleberg Anke Netherlands Competence: Limited authorization Function: Proxy Starting date: 2014-12-02 Date of birth: 1988-08-03, Venray, NL Involved with the following companies: Suplica B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 17072970 Function: Proxy B.M. Heemskerk Bas Merlijn Netherlands Competence: Limited authorization Function: Proxy Starting date: 2014-01-21 Date of birth: 1974-09-05, Zeist, NL L.M.A. Kusters Lamberta Maria Anna Netherlands Competence: Limited authorization Function: Proxy Starting date: 2014-01-21 Date of birth: 1955-12-04, Helmond, NL B.M.C. Beelen Bart Martinus Christianus Netherlands Competence: Limited authorization Function: Proxy Starting date: 2014-12-02 Date of birth: 1990-06-18, Heeze, NL V.A.L. Buddiger Veronique Anette Leonie Netherlands Competence: Fully authorized Function: Proxy Starting date: 2015-01-29 Date of birth: 1975-02-01, Meerlo-Wanssum, NL P.H.M. Pappelendam - Vonk Paola Hendrika Marian Netherlands Competence: Fully authorized Function: Proxy Starting date: 2015-06-01 Date of birth: 1968-09-24, Delft, NL |
Employees
|
Total according to the Chamber of Commerce |
0 |
|
Year |
2015 |
|
Total |
0 |
Payments
|
Score |
6,66 |
|
Description |
Slow but correct |
Key
figures
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Quick ratio |
0,25 |
0,40 |
0,52 |
0,45 |
0,73 |
|
Current ratio |
0,85 |
1,41 |
1,59 |
1,27 |
1,46 |
|
Working capital/ balance
total |
-0,09 |
0,13 |
0,16 |
0,09 |
0,12 |
|
Equity / balance
total |
0,19 |
0,20 |
0,19 |
0,16 |
0,14 |
|
Equity / Fixed
assets |
0,35 |
0,36 |
0,34 |
0,28 |
0,22 |
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Equity / liabilities |
0,23 |
0,25 |
0,24 |
0,19 |
0,16 |
|
Balance total /
liabilities |
1,24 |
1,27 |
1,25 |
1,20 |
1,17 |
|
Working capital |
-21.400.000 |
30.031.000 |
35.220.000 |
18.497.000 |
19.805.000 |
|
Equity |
46.200.000 |
46.498.000 |
41.812.000 |
31.918.000 |
23.513.000 |
|
Mutation equity |
-0,64 |
11,21 |
31,00 |
35,75 |
|
|
Mutation short term
liabilities |
91,26 |
23,08 |
-14,43 |
61,40 |
|
|
Return on total
assets (ROA) |
2,24 |
5,81 |
9,54 |
7,66 |
-0,72 |
|
Return on equity
(ROE) |
12,12 |
29,03 |
49,35 |
48,55 |
-5,16 |
|
Gross profit margin |
4,74 |
9,11 |
11,45 |
10,11 |
1,15 |
|
Net profit margin |
1,07 |
2,68 |
5,33 |
4,12 |
-3,30 |
|
Average collection ratio |
1,94 |
3,70 |
4,49 |
3,24 |
1,53 |
|
Average payment ratio |
11,33 |
18,45 |
18,50 |
14,15 |
6,18 |
|
Equity turnover ratio |
5,89 |
5,82 |
6,39 |
7,05 |
2,79 |
|
Total assets turnover
ratio |
1,09 |
1,16 |
1,23 |
1,11 |
0,39 |
|
Fixed assets turnover
ratio |
2,08 |
2,10 |
2,19 |
1,97 |
0,62 |
|
Inventory conversion ratio |
3,24 |
3,65 |
4,20 |
3,95 |
2,09 |
|
Turnover |
271.900.000 |
270.468.000 |
267.051.000 |
224.935.000 |
65.655.000 |
|
Operating result |
12.900.000 |
24.645.000 |
30.570.000 |
22.747.000 |
757.000 |
|
Net result after
taxes |
2.900.000 |
7.249.000 |
14.222.000 |
9.263.000 |
-2.164.000 |
|
Gross profit |
284.400.000 |
278.946.000 |
277.911.000 |
|
|
|
EBIT |
12.900.000 |
24.645.000 |
30.570.000 |
22.747.000 |
757.000 |
Summary
The 2014 financial result structure is a negative working captial of
-21.400.000 euro, which is in agreement with -9 % of the total assets of the
company.
The working capital has diminished with -171.26 % compared to previous
year. The ratio, with respect to the total assets of the company has however,
declined. The deterioration between 2013 and 2014 has mainly been caused by an
increase of the current liabilities.
The current ratio of the company in 2014 was 0.85. 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 0.25. 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
30.031.000 euro, which is in agreement with 13 % of the total assets of the
company.
The working capital has diminished with -14.73 % 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 1.41. 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 0.4. 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 |
African Fabrics Holdings B.V. Binnen Parallelweg 27 5701PH HELMOND Netherlands Registration number: 50631454 |
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 |
73.100.000 |
74.008.000 |
75.447.000 |
77.573.000 |
83.428.000 |
|
Tangible fixed assets |
54.700.000 |
51.684.000 |
42.743.000 |
34.468.000 |
22.634.000 |
|
Financial fixed assets |
3.200.000 |
3.347.000 |
3.478.000 |
2.192.000 |
429.000 |
|
Fixed assets |
131.000.000 |
129.039.000 |
121.668.000 |
114.233.000 |
106.491.000 |
|
Total stock |
83.900.000 |
74.067.000 |
63.620.000 |
56.899.000 |
31.407.000 |
|
Accounts receivable |
6.600.000 |
3.970.000 |
4.847.000 |
4.350.000 |
2.224.000 |
|
Other receivables |
17.400.000 |
10.686.000 |
9.589.000 |
11.552.000 |
8.408.000 |
|
Total receivables |
24.000.000 |
14.656.000 |
14.436.000 |
15.902.000 |
10.632.000 |
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
End
date |
2014-12-31 |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
|
Liquid
funds |
10.600.000 |
14.455.000 |
16.596.000 |
15.150.000 |
20.797.000 |
|
Current assets |
118.500.000 |
103.178.000 |
94.652.000 |
87.951.000 |
62.836.000 |
|
Total assets |
249.500.000 |
232.217.000 |
216.320.000 |
202.184.000 |
169.327.000 |
|
|
|||||
|
Minority interests |
2.600.000 |
2.383.000 |
1.918.000 |
1.403.000 |
1.448.000 |
|
Total equity |
46.200.000 |
46.498.000 |
41.812.000 |
31.918.000 |
23.513.000 |
|
|
|||||
|
Provisions |
19.600.000 |
17.627.000 |
17.230.000 |
17.861.000 |
12.983.000 |
|
Long
term interest yielding debt |
41.200.000 |
92.562.000 |
95.928.000 |
81.548.000 |
88.352.000 |
|
Long term liabilities |
41.200.000 |
92.562.000 |
95.928.000 |
81.548.000 |
88.352.000 |
|
Accounts
payable |
38.300.000 |
26.081.000 |
15.696.000 |
17.632.000 |
8.907.000 |
|
Other
short term liabilities |
101.600.000 |
47.066.000 |
43.736.000 |
51.822.000 |
34.124.000 |
|
Short term liabilities |
139.900.000 |
73.147.000 |
59.432.000 |
69.454.000 |
43.031.000 |
|
Total short and long term
liabilities |
200.700.000 |
183.336.000 |
172.590.000 |
168.863.000 |
144.366.000 |
|
Total liabilities |
249.500.000 |
232.217.000 |
216.320.000 |
202.184.000 |
169.327.000 |
Summary
The total assets of the company increased with 7.44 % between 2013 and
2014.
The fixed asset growth of 1.52 % is lower than the total asset growth. The
asset growth is explained by a reduction of 9.47 % of the company's indebtness,
this while, the Net Worth remains unchanged.
In 2014 the assets of the company were 52.51 % composed of fixed assets
and 47.49 % by current assets. The assets are being financed by an equity of
18.52 %, and total debt of 81.48 %.
The total assets of the company increased with 7.35 % between 2012 and
2013. The fixed asset growth of 6.06 % is lower than the total asset growth.
The asset growth has mainly been financed by a Net Worth increase of 11.21 %.
Debt, however, grew with 6.23 %.
In 2013 the assets of the company were 55.57 % composed of fixed assets
and 44.43 % by current assets. The assets are being financed by an equity of
20.02 %, and total debt of 79.98 %.
Profit
and loss
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Revenues |
285.300.000 |
279.711.000 |
282.255.000 |
238.214.000 |
66.091.000 |
|
Other operating income |
900.000 |
765.000 |
4.344.000 |
13.279.000 |
436.000 |
|
Net turnover |
271.900.000 |
270.468.000 |
267.051.000 |
224.935.000 |
65.655.000 |
|
Operating expenses |
272.400.000 |
255.066.000 |
251.685.000 |
215.467.000 |
65.334.000 |
|
Operating result |
12.900.000 |
24.645.000 |
30.570.000 |
22.747.000 |
757.000 |
|
Financial income |
900.000 |
|
|
114.000 |
70.000 |
|
Financial expenses |
8.200.000 |
11.146.000 |
9.937.000 |
7.364.000 |
2.041.000 |
|
Financial result |
-7.300.000 |
-11.146.000 |
-9.937.000 |
-7.250.000 |
-1.971.000 |
|
Result on ordinary
operations before taxes |
5.600.000 |
13.499.000 |
20.633.000 |
15.497.000 |
-1.214.000 |
|
Taxation on the
result of ordinary
activities |
3.700.000 |
6.250.000 |
6.411.000 |
6.182.000 |
944.000 |
|
Result of ordinary
activities after taxes |
1.900.000 |
7.249.000 |
14.222.000 |
9.315.000 |
-2.158.000 |
|
Extraordinary income |
1.000.000 |
|
|
|
|
|
Extraordinary expense |
|
|
|
52.000 |
6.000 |
|
Extraordinary result after
taxation |
1.000.000 |
|
|
-52.000 |
-6.000 |
|
Net result |
2.900.000 |
7.249.000 |
14.222.000 |
9.263.000 |
-2.164.000 |
Summary
The turnover of the company remained the same between 2013 and 2014.
The operating result of the company declined with -47.66 % 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 -61.45 % 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 -6.03 to a level of 1.09.
The Net Result of the company increased by -59.99 % between 2013 and
2014. 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 -58.25 % of the analysed period,
being 12.12 % in the year 2014.
The company's financial profitability has been positively affected by
its financial structure.
The turnover of the company grew with 1.28 % between 2012 and 2013. The
operating result of the company declined with -19.38 % 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 -39.1 % of the analysed period, being equal to 2012 % in the year 2013.
This fall has contributed to a asset turnover decrease, whose index
evolved from -5.69 to a level of 1.16.
The Net Result of the company increased by -49.03 % 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 -41.18 % of the analysed
period, being 29.03 % in the year 2013.
The company's financial profitability has been positively affected by
its financial structure.
Analysis
|
Branch (SBI) |
MANUFACTURE OF TEXTILES (SBI code 13) |
|
Region |
Zuid-Oost-Brabant |
|
Summary |
In the Netherlands 2146 of the companies are registered with the SBI code
13 In the region Zuid-Oost-Brabant 152 of the companies are registered
with the SBI code 13 In the Netherlands 34 of the bankrupcties are published within this
sector In the region Zuid-Oost-Brabant 1 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 Zuid-Oost-Brabant is
normal |
Publications
|
Consent statements |
04-04-2014: Voor boekjaar 2013 is een instemmingsverklaring gedeponeerd. 09-07-2013: Voor boekjaar 2012 is een instemmingsverklaring
gedeponeerd. 18-12-2012: Voor boekjaar 2011 is een instemmingsverklaring
gedeponeerd. |
|
|
|
|
Functions |
23-07-2015: Per 01-06-2015 is gevolmachtigde Paola Hendrika Marian Vonk
in functie getreden. 12-06-2015:
Per 01-06-2015 is gevolmachtigde Augusto Miranda da Cunha uit functie
getreden. 30-01-2015:
Per 29-01-2015 is gevolmachtigde Veronique Anette Leonie Buddiger in functie
getreden. 05-12-2014:
Per 02-12-2014 is gevolmachtigde Bart Martinus Christianus Beelen in functie
getreden. 05-12-2014:
Per 02-12-2014 is gevolmachtigde Anke Volleberg in functie getreden. 24-01-2014:
Per 21-01-2014 is gevolmachtigde Lamberta Maria Anna Kusters in functie
getreden. 24-01-2014:
Per 21-01-2014 is gevolmachtigde Bas Merlijn Heemskerk in functie getreden. 26-09-2013:
Per 23-09-2013 is gevolmachtigde Jan Jacobus Willem Kruithof in functie
getreden. 29-10-2012:
Per 01-10-2012 is gevolmachtigde Kareline Huberta Wilhelmina Dekkers uit functie
getreden. 18-07-2012:
Per 01-06-2012 is gevolmachtigde Johanna Maria Francina Jegerings uit functie
getreden. 18-07-2012:
Per 01-06-2012 is gevolmachtigde Adrianus Theodorus Maria Klaasen uit functie
getreden. 18-07-2012:
Per 01-06-2012 is gevolmachtigde Sascha de Vries uit functie getreden. 05-07-2012:
Per 01-01-2012 is gevolmachtigde Maria Regina Damen in functie getreden. 05-07-2012:
Per 01-06-2012 is gevolmachtigde Debby Franciena Johanna Gerarda Spaanvan de
Kerkhof in functie getreden. 05-07-2012:
Per 01-01-2012 is gevolmachtigde Allegonda Maria Knapen in functie getreden. 05-07-2012:
Per 01-01-2012 is gevolmachtigde Meei Ling Lau in functie getreden. 05-07-2012:
Per 01-06-2012 is gevolmachtigde Filiz Demir-Akin uit functie getreden. 05-07-2012:
Per 01-06-2012 is gevolmachtigde Eduard Johannes Margaretha Hegeman uit
functie getreden. 05-07-2012:
Per 01-06-2012 is gevolmachtigde Franciscus Albertus Godefridus Koopmans uit
functie getreden. 10-04-2012:
Per 01-03-2012 is gevolmachtigde Mandy Maria Elisabeth Op het Veld in functie
getreden. 04-04-2012:
Per 01-03-2012 is gevolmachtigde Wilhelmina Elisabeth Adriana van Seggelenvan
Leeuwen in functie getreden. |
Company
structure
|
Relations |
7 |
|
|
|
|
Company |
Registration |
|
|
number |
|
African Fabrics Finco
B.V. (HELMOND) |
50631322 |
|
| - -
African Fabrics Holdings
B.V. (HELMOND) |
50631454 |
|
| - -
| - -
African Fabrics B.V.
(HELMOND) |
50631497 |
|
| - -
| - - | -
- Vlisco B.V.
(HELMOND) |
17000185 |
|
| - -
| - - | -
- | -
- Vlisco Netherlands
B.V. (Helmond) |
50751492 |
|
| - -
| - - | -
- | -
- Suplica B.V.
(HELMOND) |
17072970 |
|
| - -
| - - | -
- | -
- Borma Chemical
Products Trading Company
B.V. (HELMOND) |
17030151 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.83 |
|
UK Pound |
1 |
Rs.103.39 |
|
Euro |
1 |
Rs.74.27 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.