MIRA INFORM REPORT
|
Report No. : |
355364 |
|
Report Date : |
22.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
COÖPERATIE AVEBE U.A. |
|
|
|
|
Registered Office : |
Prins Hendrikplein 20 9641GK VEENDAM |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.07.20147 |
|
|
|
|
Date of Incorporation : |
16.12.2011 |
|
|
|
|
Com. Reg. No.: |
02300804 |
|
|
|
|
Legal Form : |
Cooperation |
|
|
|
|
Line of Business : |
Market research and public polling activities |
|
|
|
|
No. of Employee : |
170 |
RATING & COMMENTS
|
MIRA’s Rating : |
Aa |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Excellent |
|
|
|
|
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 – 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 Coöperatie
AVEBE U.A.
Operative address Prins
Hendrikplein 20
9641GK VEENDAM
Netherlands
Legal form Cooperation
Registration number KvK-nummer:
02300804
VAT-number 001083168
|
Year |
2014 |
Mutation |
2013 |
Mutation |
2012 |
|
Fixed assets |
167.692.000 |
-7,98 |
182.235.000 |
7,03 |
170.262.000 |
|
Total receivables |
78.395.000 |
-2,04 |
80.031.000 |
-9,67 |
88.599.000 |
|
Total equity |
195.025.000 |
1,41 |
192.316.000 |
0,41 |
191.530.000 |
|
Short term liabilities |
182.723.000 |
-18,27 |
223.579.000 |
3,76 |
215.481.000 |
|
Net result |
8.339.000 |
-26,67 |
11.372.000 |
-64,54 |
32.074.000 |
|
Working capital |
44.884.000 |
47,34 |
30.463.000 |
-38,94 |
49.893.000 |
|
Quick ratio |
0,44 |
18,92 |
0,37 |
-11,90 |
0,42 |
Contact
information
Company name Coöperatie
AVEBE U.A.
Trade names Coöperatie
AVEBE U.A.
Operative address Prins
Hendrikplein 20
9641GK VEENDAM
Netherlands
Correspondence address Postbus
15
9640AA VEENDAM
Netherlands
Telephone number 0598-669111
Fax number 0598664368
Email address info@avebe.com
Website www.avebe.com
Registration
Registration number KvK-nummer:
02300804
Branch number 000023961082
VAT-number 001083168
Status Active
First registration company register 1919-11-11
Memorandum 1919-11-11
Establishment date 2011-12-16
Legal form Cooperation
Last proposed admendment 2014-07-10
Activities
SBI 69209:
Market research and public polling activities
Exporter No
Importer No
Branche organisations VNCI -
Vereniging van de Nederlandse Chemische Industrie
OPNV -
Overleggroep Producenten Natte Veevoeders
Goal Huisvestiging
van bestuur en stafdiensten
Relations
Branches Coöperatie
AVEBE U.A.
Transportweg 11
9645KZ VEENDAMNetherlands
Registration number: 02300804
Coöperatie AVEBE U.A.
Avebe-Weg 1
9607PT FOXHOL
Netherlands
Registration number: 02300804
Coöperatie AVEBE U.A.
M en O Weg 13
9563TM TER APELKANAAL
Netherlands
Registration number: 02300804
Coöperatie AVEBE U.A.
Baptistenkade 40
9514AH GASSELTERNIJVEEN
Netherlands
Registration number: 02300804
Companies on same address AVEBE
Asia Pacific Holding B.V.
Registration number: 30119260
AVEBE Food Investments B.V.
Registration number: 02062607
Avebe Nederland B.V.
Registration number: 02322909
Solanic B.V.
Registration number: 02326042
Averis Seeds B.V.
Registration number: 40037680
B.V. Livadia
Registration number: 33044099
Personeelsvereniging AVEBE
Registration number: 40037479
Stichting Pensioenfonds AVEBE
Registration number: 41015259
Bank
details
Accounts ABN
Amro Bank NV
Account number:
NL57ABNA0483515337
BIC: ABNANL2A
Rabobank Nederland
Account number: NL53RABO0300000022
BIC: RABONL2U
Management
Active management B.C.
Jansen Bert Cornelis
Netherlands
Competence: Fully authorized
Function: Chairman
Starting date: 2008-09-01
Date of birth: 1959-05-02,
Utrecht, NL
Involved with the following
companies:
Federatie Nederlandse
Levensmiddelen Industrie
Schenkkade 50
2595AR 'S-GRAVENHAGE
Netherlands
Registration number: 27270134
Function: Manager
Solanic B.V.
Prins Hendrikplein 20
9641GK VEENDAM
Netherlands
Registration number: 02326042
Function: Manager
The Greenery B.V.
Spoorwegemplacement 1
2991VT BARENDRECHT
Netherlands
Registration number: 16086757
Function: Commissaris
E. Kraaijenzank Eddy
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2007-06-01
Date of birth: 1956-09-27,
Deventer, NL
Involved with the following
companies:
Avebe Nederland B.V.
Prins Hendrikplein 20
9641GK VEENDAM
Netherlands
Registration number: 02322909
Function: Manager
Solanic B.V.
Prins Hendrikplein 20
9641GK VEENDAM
Netherlands
Registration number: 02326042
Function: Manager
Ctac N.V.
Meerendonkweg 11
5216TZ 's-Hertogenbosch
Netherlands
Registration number: 16066162
Function: Commissaris
Hzpc Holland B.V.
Edisonweg 5
8501XG Joure
Netherlands
Registration number: 01084958
Function: Commissaris
J.P. Russchen Johan Peter
Netherlands
Competence: Limited
authorization
Function: Manager
Starting date: 2006-07-01
Date of birth: 1965-06-26,
Groningen, NL
J.L. de Rooij Jan Leendert
Netherlands
Competence: Limited
authorization
Function: Manager
Starting date: 2008-02-01
Date of birth: 1967-05-15,
Zoetermeer, NL
J.M. Niessen Jacqueline Maria
Netherlands
Competence: Limited
authorization
Function: Manager
Starting date: 2013-02-01
Date of birth: 1963-06-26,
's-Gravenhage, NL
E.J.L. Hofstede Eward Jean Louis
Netherlands
Competence: Limited
authorization
Function: Managing Director
Starting date: 2011-04-01
Date of birth: 1969-12-02,
IJsselmuiden, NL
E.H.W. Hilse Erwin Heinrich
Werner
Netherlands
Function: Commissaris
Starting date: 2005-04-22
Date of birth: 1952-03-26,
Warpke jetzt Schnega, DE
J.W. Hoekman Johannes Warmolt
Netherlands
Function: Commissaris
Starting date: 2005-04-22
Date of birth: 1958-10-28,
Odoorn, NL
H. Deuling Hermann
Netherlands
Function: Commissaris
Starting date: 2005-04-22
Date of birth: 1960-07-20, Haren
(Ems), DE
G.H. Wichers Gesienus Hendrik
Netherlands
Function: Commissaris
Starting date: 2005-04-22
Date of birth: 1952-03-24,
Gasselte, NL
F. Schepers Fredrikus
Netherlands
Function: Commissaris
Starting date: 2006-01-31
Date of birth: 1943-06-09,
Hardenberg, NL
Involved with the following
companies:
Stichting Stenden Hogeschool
Rengerslaan 8
8917DD LEEUWARDEN
Netherlands
Registration number: 01123504
Function: Commissaris
K.A. de Graaf Kasper Aljen
Netherlands
Function: Commissaris
Starting date: 2008-12-18
Date of birth: 1967-08-30,
Emmen, NL
C.H. van Dalen Cornelis Hendrik
Netherlands
Function: Commissaris
Starting date: 2013-12-12
Date of birth: 1952-11-01,
Papendrecht, NL
Involved with the following
companies:
Macintosh Retail Group N.V.
Amerikalaan 100
6199AE Maastricht-Airport
Netherlands
Registration number: 14628300
Function: Commissaris
Co?peratieve Centrale
Raiffeisen-Boerenleenbank B.A.
Croeselaan 18
3521CB Utrecht
Netherlands
Registration number: 30046259
Function: Commissaris
BOM Business Development &
Foreign Investments B.V.
Goirleseweg 15
5026PB Tilburg
Netherlands
Registration number: 56823274
Function: Commissaris
BOM Capital I B.V.
Goirleseweg 15
5026PB Tilburg
Netherlands
Registration number: 56823282
Function: Commissaris
Brabantse Ontwikkelings
Maatschappij Holding B.V.
Goirleseweg 15
5026PB Tilburg
Netherlands
Registration number: 18033506
Function: Commissaris
Evides N.V.
Schaardijk 150
3063NH Rotterdam
Netherlands
Registration number: 24170650
Function: Commissaris
M. Veenendaal Magdalena
Netherlands
Function: Commissaris
Starting date: 2012-07-04
Date of birth: 1956-07-14,
Utrecht, NL
P. Poortinga Pieter
Netherlands
Function: Commissaris
Starting date: 2013-12-12
Date of birth: 1961-10-05,
Middelstum, NL
Involved with the following
companies:
Nugget Acquisition B.V.
Industrieweg 36
8091AZ WEZEP
Netherlands
Registration number: 53600096
Function: Manager
Plukon Food Group B.V.
Industrieweg 36
8091AZ WEZEP
Netherlands
Registration number: 30255837
Function: Manager
E. Luttje Eppo
Netherlands
Competence: Limited
authorization
Function: Proxy
Starting date: 1996-01-01
Date of birth: 1952-05-07,
Noordbroek, NL
C. Lahpor Christoffer
Netherlands
Competence: Limited
authorization
Function: Proxy
Starting date: 1991-03-01
Date of birth: 1959-09-18,
Wildervank, NL
T.J.H. Miedema Theodoor Johan
Henk
Netherlands
Competence: Limited
authorization
Function: Proxy
Starting date: 2001-01-01
Date of birth: 1959-09-02,
Groningen, NL
E. de Jonge Edwin
Netherlands
Competence: Limited
authorization
Function: Proxy
Starting date: 2006-05-01
Date of birth: 1965-09-30,
Groningen, NL
G.T. Franke Gijsbert Theodorus
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-09-01
Date of birth: 1954-12-06,
Utrecht, NL
J. Bakkes Jilt
Netherlands
Competence: Limited
authorization
Function: Proxy
Starting date: 2007-03-01
Date of birth: 1967-11-07,
Hoogeveen, NL
M.E. de Kolf Marc Erwin
Netherlands
Competence: Limited
authorization
Function: Proxy
Starting date: 2013-11-01
Date of birth: 1965-12-23,
Enschede, NL
Involved with the following
companies:
Mentor Medical Systems B.V.
Zernikedreef 2
2333CL LEIDEN
Netherlands
Registration number: 28062039
Function: Proxy
A.G. Fielding Alan Gilbert
Netherlands
Competence: Limited
authorization
Function: Proxy
Starting date: 2014-03-01
Date of birth: 1956-03-19,
Birkenhead, GB
Employees
Year 2015
2014 2013
2012 2011
Total 170
1190 1308 1352 1361
Payments
Description The
payments are regular
Key
figures
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Quick ratio |
0,44 |
0,37 |
0,42 |
0,53 |
0,43 |
|
Current ratio |
1,25 |
1,14 |
1,23 |
1,18 |
1,07 |
|
Working capital/ balance
total |
0,11 |
0,07 |
0,11 |
0,09 |
0,04 |
|
Equity / balance
total |
0,49 |
0,44 |
0,44 |
0,46 |
0,47 |
|
Equity / Fixed
assets |
1,16 |
1,06 |
1,12 |
1,03 |
0,98 |
|
Equity / liabilities |
0,97 |
0,79 |
0,78 |
0,85 |
0,90 |
|
Balance total /
liabilities |
1,97 |
1,79 |
1,78 |
1,85 |
1,90 |
|
Working capital |
44.884.000 |
30.463.000 |
49.893.000 |
33.776.000 |
13.275.000 |
|
Equity |
195.025.000 |
192.316.000 |
191.530.000 |
178.799.000 |
177.872.000 |
|
Mutation equity |
1,41 |
0,41 |
7,12 |
0,52 |
8,85 |
|
Mutation short term
liabilities |
-18,27 |
3,76 |
18,01 |
0,68 |
-20,58 |
|
Return on total
assets (ROA) |
2,41 |
2,91 |
10,00 |
7,90 |
0,70 |
|
Return on equity
(ROE) |
4,88 |
6,61 |
22,74 |
17,24 |
1,48 |
|
Gross profit margin |
2,60 |
3,39 |
9,10 |
6,52 |
2,10 |
|
Net profit margin |
1,44 |
1,92 |
5,79 |
3,50 |
0,53 |
|
Average collection ratio |
3,17 |
2,64 |
2,57 |
3,10 |
2,88 |
|
Average payment ratio |
7,40 |
7,39 |
6,25 |
6,12 |
6,87 |
|
Equity turnover ratio |
2,97 |
3,07 |
2,89 |
3,16 |
2,93 |
|
Total assets turnover
ratio |
1,47 |
1,35 |
1,27 |
1,45 |
1,39 |
|
Fixed assets turnover
ratio |
3,46 |
3,24 |
3,25 |
3,25 |
2,88 |
|
Inventory conversion ratio |
3,92 |
3,43 |
3,17 |
4,70 |
4,48 |
|
Turnover |
579.949.000 |
591.085.000 |
554.148.000 |
565.315.000 |
521.786.000 |
|
Operating result |
15.087.000 |
20.063.000 |
50.404.000 |
36.851.000 |
10.950.000 |
|
Net result after
taxes |
8.339.000 |
11.372.000 |
32.074.000 |
19.801.000 |
2.762.000 |
|
Gross profit |
560.151.000 |
591.235.000 |
609.065.000 |
570.361.000 |
487.322.000 |
|
EBIT |
15.087.000 |
20.063.000 |
50.404.000 |
36.851.000 |
10.950.000 |
Summary
The
2014 financial result structure is a postive working captial of 44.884.000
euro, which is in agreement with 11% of the total assets of the company. The
working capital has increased with 47.34 % compared to previous year. The
ratio, with respect to the total assets of the company has however, increased.
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 1.25. 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 0.44. 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 30.463.000 euro, which is in agreement with 7 % of the total assets of the
company. The working capital has diminished with -38.94 % 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 1.14. 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
0.37. 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 There
is no financial data published
Type of annual account Consolidated
Annual account Coöperatie
AVEBE U.A.
Prins Hendrikplein 20
9641GK VEENDAM
Netherlands
Registration number: 02300804
Balance
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
End date |
2014-07-31 |
2013-07-31 |
2012-07-31 |
2011-07-31 |
2010-07-31 |
|
Intangible fixed assets |
969.000 |
550.000 |
688.000 |
1.175.000 |
1.623.000 |
|
Tangible fixed assets |
166.711.000 |
181.674.000 |
160.563.000 |
151.583.000 |
149.401.000 |
|
Financial fixed assets |
12.000 |
11.000 |
9.011.000 |
21.068.000 |
30.398.000 |
|
Fixed assets |
167.692.000 |
182.235.000 |
170.262.000 |
173.826.000 |
181.422.000 |
|
Total stock |
147.976.000 |
172.324.000 |
174.931.000 |
120.210.000 |
116.401.000 |
|
Accounts receivable |
69.061.000 |
67.381.000 |
72.793.000 |
76.179.000 |
65.378.000 |
|
Other receivables |
9.334.000 |
12.650.000 |
15.806.000 |
16.247.000 |
10.579.000 |
|
Total receivables |
78.395.000 |
80.031.000 |
88.599.000 |
92.426.000 |
75.957.000 |
|
Liquid funds |
1.236.000 |
1.687.000 |
1.844.000 |
3.729.000 |
2.270.000 |
|
Current assets |
227.607.000 |
254.042.000 |
265.374.000 |
216.365.000 |
194.628.000 |
|
Total assets |
395.299.000 |
436.277.000 |
435.636.000 |
390.191.000 |
376.050.000 |
|
Total equity |
195.025.000 |
192.316.000 |
191.530.000 |
178.799.000 |
177.872.000 |
|
Provisions |
17.551.000 |
20.382.000 |
28.625.000 |
28.803.000 |
16.825.000 |
|
Accounts payable |
46.118.000 |
57.471.000 |
51.521.000 |
54.840.000 |
42.312.000 |
|
Other short term
liabilities |
136.605.000 |
166.108.000 |
163.960.000 |
127.749.000 |
139.041.000 |
|
Short term liabilities |
182.723.000 |
223.579.000 |
215.481.000 |
182.589.000 |
181.353.000 |
|
Total short and
long term liabilities |
200.274.000 |
243.961.000 |
244.106.000 |
211.392.000 |
198.178.000 |
|
Total liabilities |
395.299.000 |
436.277.000 |
435.636.000 |
390.191.000 |
376.050.000 |
Summary
The
total assets of the company decreased with -9.39 % between 2013 and 2014. This
total assets decrease has been reflected in a reduction of non current assets of
-7.98 %. The asset reduction is in contrast with the equity growth of 1.41 %.
Due to this the total debt decreased with -17.91 %. In 2014 the assets of the
company were 42.42 % composed of fixed assets and 57.58 % by current assets.
The assets are being financed by an equity of 49.34 %, and total debt of 50.66
%. The total assets remained the same between 2012 and 2013. Despite the fact
that the total assets remained the same, the fixed assets increased with 7.03%.
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 41.77 % composed of fixed assets and
58.23 % by current assets. The assets are being financed by an equity of 44.08
%, and total debt of
55.92
%.
Profit
and loss
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Revenues |
567.261.000 |
598.187.000 |
614.842.000 |
578.253.000 |
494.735.000 |
|
Other operating income |
7.110.000 |
6.952.000 |
5.777.000 |
7.892.000 |
7.413.000 |
|
Net turnover |
579.949.000 |
591.085.000 |
554.148.000 |
565.315.000 |
521.786.000 |
|
Operating expenses |
552.174.000 |
578.124.000 |
564.438.000 |
541.402.000 |
483.785.000 |
|
Result in subsidiaries |
35.000 |
-1.866.000 |
-2.566.000 |
-138.000 |
-338.000 |
|
Operating result |
15.087.000 |
20.063.000 |
50.404.000 |
36.851.000 |
10.950.000 |
|
Financial income |
1.988.000 |
1.975.000 |
1.484.000 |
2.684.000 |
1.711.000 |
|
Financial expenses |
7.598.000 |
7.466.000 |
5.772.000 |
8.565.000 |
9.685.000 |
|
Financial result |
-5.610.000 |
-5.491.000 |
-4.288.000 |
-5.881.000 |
-7.974.000 |
|
Result on ordinary
operations before taxes |
9.512.000 |
12.706.000 |
43.550.000 |
30.832.000 |
2.638.000 |
|
Taxation on the
result of ordinary
activities |
1.173.000 |
1.334.000 |
11.476.000 |
11.031.000 |
-124.000 |
|
Result of ordinary
activities after taxes |
8.339.000 |
11.372.000 |
32.074.000 |
19.801.000 |
2.762.000 |
|
Net result |
8.339.000 |
11.372.000 |
32.074.000 |
19.801.000 |
2.762.000 |
Summary
The turnover
of the company decreased by -1.88 % between 2013 and 2014. The operating result
of the company declined with -24.8 % 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 -17.18%
of the analysed period, being equal to 2.41 in the year 2014. Despite the
decline the assets turnover increased by 8.89% reaching 1.47. The Net Result of
the company decreased by -26.67 % 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 -26.17 % of the analysed period, being 4.88 in
the year 2014. The company's financial profitability has been positively
affected by its financial structure. The turnover of the company grew with 6.67
% between 2012 and 2013. The operating result of the company declined with
-60.2 % 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 -70.9% of the analysed period, being
equal to 2.91 in the year 2013. Despite the decline the assets turnover
increased by 6.3 % reaching 1.35. The Net Result of the company decreased by
-64.54 % between 2012 and 2013. 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 -70.93 % of the
analysed period, being 6.61 in the year 2013. The company's financial
profitability has been positively affected by its financial structure.
Analysis
Branch (SBI) Legal
services, accounting, tax consultancy, administration (SBI code 69)
Region Groningen
Summary In the
Netherlands 60907 of the companies are registered with the SBI code 69
In the region Groningen 1721 of
the companies are registered with the SBI code 69
In the Netherlands 262 of the
bankrupcties are published within this sector
In the region Groningen 10 of
the bankruptcies are published within this sector
The risk of this specific sector
in the Netherlands is Low
The risk of this specific sector in the region Groningen is
Low
Company
structure
Relations 7
Company Registration
number
Coöperatie AVEBE U.A. (VEENDAM) 02300804
| - - B.V. Livadia (VEENDAM) 33044099
| - - Averis Seeds B.V. (VEENDAM) 40037680
| - - AVEBE Asia Pacific Holding B.V. (VEENDAM) 30119260
| - - AVEBE Food Investments B.V. (VEENDAM) 02062607
| - - Solanic B.V. (VEENDAM) 02326042
| - - Avebe
Nederland B.V. (VEENDAM) 02322909
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.32 |
|
|
1 |
Rs.98.99 |
|
Euro |
1 |
Rs.72.13 |
|
EUR |
1 |
Rs.72.37 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TRU |
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.