MIRA INFORM REPORT
|
Report No. : |
307538 |
|
Report Date : |
17.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
FABORY NEDERLAND B.V. |
|
|
|
|
Operative Office : |
Zevenheuvelenweg 44, 5048AN Tilburg |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
07.01.1957 |
|
|
|
|
Com. Reg. No.: |
18020925 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Engaged as wholesalers traders of fasteners such as Bolts, Hexagon Socket, Nuts/Rivets/Inserts, Threaded Rod/Studbolts, Hook/Eye Products, Screws,
Washers/O-Rings Products, Anchoring Products/Plug, Rivet/Pins/Keys, Systems
Furniture / Security Fasteners, Assortments/Storage Systems, Engineering
Parts / Machine Parts, Maritime & Other Articles |
|
|
|
|
No of Employees : |
601 (2014) |
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 : |
No Complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Netherlands |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Netherlands ECONOMIC OVERVIEW
Netherlands is the
sixth-largest economy in the euro-zone and is noted for its stable industrial
relations, moderate unemployment and inflation, sizable trade surplus, and important
role as a European transportation hub. Industrial activity is predominantly in
food processing, chemicals, petroleum refining, and electrical machinery. A
highly mechanized agricultural sector employs only 2% of the labor force but
provides large surpluses for the food-processing industry and for exports.
Netherlands, along with 11 of its EU partners, began circulating the euro
currency on 1 January 2002. The Dutch financial sector suffered as a result of
the global financial crisis, due in part to the high exposure of some Dutch
banks to US mortgage-backed securities. In 2008, the government nationalized
two banks and injected billions of dollars of capital into other financial
institutions, to prevent further deterioration of a crucial sector. After 26
years of uninterrupted economic growth, the Dutch economy - highly dependent on
an international financial sector and international trade - contracted by 3.5%
in 2009. To recover, the government sought to boost the domestic economy by
accelerating infrastructure programs, offering corporate tax breaks for
employers to retain workers, and expanding export credit facilities. The
stimulus programs and bank bailouts, however, resulted in a government budget
deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7%
in 2008. The government of Prime Minister Mark RUTTE began implementing
austerity measures in early 2011, mainly reducting expenditures, which resulted
in an improved budget deficit in 2011. However, in 2012 tax revenues dropped,
GDP contracted, and the budget deficit deteriorated. In 2013, the government
budget deficit decreased to 3.3% of GDP due to increased government revenue
from higher taxes. However, spending on social benefits also increased, due to
a rise in unemployment benefits and payments for pensions. The high
unemployment rate and tax increases have contributed to continued decreases in
household disposable income, causing the Dutch economy to contract.
|
Source : CIA |
company
Summary
Company name Fabory Nederland B.V.
Operative address Zevenheuvelenweg
44
5048AN Tilburg
Netherlands
Status Active
Specification This company can
meet all its obligations.
Legal form Besloten
Vennootschap (Private Company)
Registration number KvK-nummer: 18020925
VAT-number 004077684
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
192.229.000 |
-9,46 |
212.310.000 |
-6,92 |
228.092.000 |
|
Total receivables |
47.846.000 |
0,86 |
47.438.000 |
-2,63 |
48.721.000 |
|
Total equity |
134.782.000 |
17,94 |
114.280.000 |
213,06 |
-101.079.000 |
|
Short term liabilities |
65.229.000 |
-10,61 |
72.970.000 |
26,53 |
57.668.000 |
|
Net result |
-12.548.000 |
55,22 |
-28.023.000 |
60,61 |
-71.146.000 |
|
Working capital |
57.466.000 |
11,62 |
51.483.000 |
-14,79 |
60.418.000 |
|
Quick ratio |
0,89 |
7,23 |
0,83 |
-17,00 |
1,00 |
Contact
information
Company name Fabory Nederland
B.V.
Trade names Plastronics
Codit
Unitool
Fabory
Uniplus
Fabory Nederland
Fabory Group
Borstlap Masters in Fasteners
FABORY Trade
Haheti
Fabory Centres
Fabory Industry
Fabory Outlet
Fabory Global Trade
Boutencentrale Rotterdam
Fabory Centre Amsterdam
Fabory Centre Amsterdam-West
Fabory Centre Apeldoorn
Fabory Centre Dordrecht
Fabory Centre Drachten
Fabory Centre Duiven
Fabory Centre Ede
Fabory Centre Eindhoven
Fabory Centre Emmen
Fabory Centre Etten-Leur
Fabory Centre Groningen
Fabory Centre Haaglanden
Fabory Centre Haarlem
Fabory Centre Heerenveen
Fabory Centre Heerhugowaard
Fabory Centre Heerlen
Fabory Centre Helmond
Fabory Centre Hengelo
Fabory Centre Krimpen aan den IJssel
Fabory Centre Leeuwarden
Fabory Centre Middelburg
Fabory Centre Nieuwegein
Fabory Centre Oss
Fabory Centre Ridderkerk
Fabory Centre Roosendaal
Fabory Centre Rotterdam
Fabory Centre Sittard
Fabory Centre Spijkenisse
Fabory Centre Tilburg
Fabory Centre Weert
Fabory Centre Zwolle
Grobo
Haheti Eindhoven
Nohos Amsterdam
Nohos Amsterdam (West)
Nohos Utrecht
Twentse Bouten Service TBS
Vribo
Vribo Heerenveen
Fabory Centre 's-Hertogenbosch
Fabory Centre Nijmegen
Operative address Zevenheuvelenweg
44
5048AN Tilburg
Netherlands
Correspondence address Postbus 5050
5004EB Tilburg
Netherlands
Telephone number 013 5941234
Fax number 013 5941340
Email address verkoop_borstlap@fabory.com
Website www.fabory.com
Registration
Registration number KvK-nummer:
18020925
Branch number 000017881595
VAT-number 004077684
Status Active
Memorandum 1976-12-31
Establishment date 1957-01-07
Legal form Besloten
Vennootschap (Private Company)
Last proposed admendment 2006-11-13
Issued placed capital EUR 453.800
Paid up share capital EUR 453.800
Activities
Engaged as wholesalers traders of fasteners such as Bolts, Hexagon Socket, Nuts/Rivets/Inserts,
Threaded Rod/Studbolts, Hook/Eye Products, Screws, Washers/O-Rings
Products, Anchoring Products/Plug, Rivet/Pins/Keys, Systems Furniture /
Security Fasteners, Assortments/Storage Systems, Engineering Parts / Machine
Parts, Maritime & Other Articles
Exporter Yes
Importer Yes
Branche organisations VOBN
- Association of Enterprises of Concrete Manufacturers in Netherlands
Goal The import and export of- trade and manufacturing were mounting, other
metalware, tools, technical and non technical-chemical products and a variety of other related products and articles, and the provision of (logistical) services associated with whether or not containing the aforementioned products and articles
Relations
Shareholders Fabory
Masters in Fasteners Group B.V.
Zevenheuvelenweg 44
5048AN Tilburg
Netherlands
Registration number: 342833530000
Percentage: 100%
Companies on same address Amount: 19
Liability statements BMF Participations
B.V.
Zevenheuvelenweg 44
5048AN TILBURG
Netherlands
Registration number: 180090400000
date of issue: 1992-10-23
Starting date: 1992-10-23
End date: 2011-12-22
Fabory Masters in Fasteners Group B.V.
Zevenheuvelenweg 44
5048AN Tilburg
Netherlands
Registration number: 342833530000
date of issue: 1992-10-23
Starting date: 1992-10-23
Bank
details
Accounts
Fortis Bank (Nederland) NV
Account number: 23.16.17.267
ING Bank NV
Account number: 66.58.80.650
Management
Active Management
BMF Management Services B.V.
Zevenheuvelenweg 44
5048AN TILBURG
Netherlands
Registration number: 240256870000
Competence: Fully authorized
Function: General Director
Starting date: 2006-11-15
H.J. Verhoeven (Hendrikus Josephus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 1998-07-24
Date of birth: 1952-04-07, Goirle, NL
Y. Haddouchi (Yassin)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2009-03-01
Date of birth: 1982-04-09, Beni Said, MA
H.A. van Alphen (Hélène Antoinette)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2010-01-01
Date of birth: 1964-02-05, Rotterdam, NL
R.J.M.M. Horbach (Rembrandt Johannes Margaretha)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2008-12-01
Date of birth: 1974-07-14, Oss, NL
A. Douw - Bambacht (Andrea)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2004-01-01
Date of birth: 1964-11-24, Tilburg, NL
S. de Bie (Sylvia)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-11-15
Date of birth: 1972-06-09, Brecht, BE
Employees
Total according to the Chamber of Commerce 601
Year 2014 2013 2012 2011
2010
Total 601 370 370 370
620
Payments
Description No Complaints
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
||
|
Quick ratio |
0,89 |
0,83 |
1,00 |
0,33 |
1,17 |
||
|
Current ratio |
1,88 |
1,71 |
2,05 |
0,33 |
1,17 |
||
|
Working capital/ balance
total |
0,18 |
0,15 |
0,17 |
-0,65 |
0,02 |
||
|
Equity / balance total |
0,43 |
0,34 |
-0,29 |
-0,24 |
-0,33 |
||
|
Equity / Fixed assets |
0,70 |
0,54 |
-0,44 |
-0,36 |
-0,39 |
||
|
Equity / liabilities |
0,75 |
0,51 |
-0,23 |
-0,19 |
-0,25 |
||
|
Balance total /
liabilities |
1,75 |
1,52 |
0,78 |
0,81 |
0,75 |
||
|
Working capital |
57.466.000 |
51.483.000 |
60.418.000 |
-234.886.000 |
3.556.000 |
||
|
Equity |
134.782.000 |
114.280.000 |
-101.079.000 |
-87.523.000 |
-57.092.000 |
||
|
Mutation equity |
17,94 |
213,06 |
-15,49 |
-53,30 |
-240,20 |
||
|
Mutation short term
liabilities |
-10,61 |
26,53 |
-83,64 |
1.551,99 |
93,74 |
||
|
Return on total assets
(ROA) |
-4,43 |
-9,49 |
-22,30 |
|
|
||
|
Return on equity (ROE) |
-10,36 |
-27,97 |
76,37 |
|
|
||
|
Gross profit margin |
-4,51 |
-7,95 |
-7,54 |
|
|
||
|
Net profit margin |
-5,72 |
-12,06 |
-29,50 |
|
|||
|
Average collection ratio |
3,36 |
3,19 |
4,18 |
|
|||
|
Average payment ratio |
4,59 |
4,90 |
4,95 |
|
|||
|
Equity turnover ratio |
1,63 |
2,03 |
-2,39 |
|
|||
|
Total assets turnover
ratio |
0,70 |
0,69 |
0,70 |
|
|||
|
Fixed assets turnover
ratio |
1,14 |
1,09 |
1,06 |
|
|||
|
Inventory conversion ratio |
3,40 |
3,63 |
4,00 |
|
|||
|
Turnover |
219.403.000 |
232.429.000 |
241.167.000 |
|
|||
|
Gross margin |
65.843.000 |
68.179.000 |
64.516.000 |
|
|||
|
Operating result |
-9.899.000 |
-18.477.000 |
-18.178.000 |
|
|||
|
Net result after taxes |
-12.548.000 |
-28.023.000 |
-71.146.000 |
-97.444.000 |
|||
|
Cashflow |
|
-7.878.000 |
|
|
|||
|
EBIT |
-9.899.000 |
-18.477.000 |
-18.178.000 |
|
|||
|
EBITDA |
|
1.668.000 |
|
|
|||
Summary
The 2013 financial result structure is a positive working capital of 57.466.000
euro, which is in
agreement with 18 % of the total assets of the company.
The working capital has increased with 11.62 % 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 1.88. A company with a
current ratio between
1.5 and 3.0 generally indicates good short-term financial strength.
The quick ratio in 2013 of the company was 0.89. A company with a Quick
Ratio of less than
1 cannot currently pay back its current liabilities.
The 2012 financial result structure is a positive working capital of
51.483.000 euro, which is in
agreement with 15 % of the total assets of the company.
The working capital has diminished with -14.79 % compared to previous
year. The ratio, with
respect to the total assets of the company has however, declined.
The deterioration between 2011 and 2012 has mainly been caused by an
increase of the
current liabilities.
The current ratio of the company in 2012 was 1.71. A company with a
current ratio between
1.5 and 3.0 generally indicates good short-term financial strength.
The quick ratio in 2012 of the company was 0.83. A company with a Quick
Ratio of less than
1 cannot currently pay back its current liabilities.
Financial
statement
Last annual account 2013
Remark annual account The financial
statements shown in the report relate to the consolidated financial
statements of the
group.
Type of annual account Consolidated
Annual account Fabory
Masters in Fasteners Group B.V.
Zevenheuvelenweg 44
5048AN Tilburg
Netherlands
Registration number: 342833530000
Balance
sheet
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Intangible fixed assets |
143.399.000 |
154.770.000 |
167.198.000 |
186.387.000 |
147.827.000 |
|
Tangible fixed assets |
27.694.000 |
33.606.000 |
33.541.000 |
32.478.000 |
|
|
Financial fixed assets |
21.136.000 |
23.934.000 |
27.353.000 |
25.897.000 |
|
|
Fixed assets |
192.229.000 |
212.310.000 |
228.092.000 |
244.762.000 |
147.827.000 |
|
Total stock |
64.609.000 |
63.992.000 |
60.265.000 |
|
|
|
Total receivables |
47.846.000 |
47.438.000 |
48.721.000 |
89.288.000 |
24.879.000 |
|
Liquid funds |
10.240.000 |
13.023.000 |
9.100.000 |
15.777.000 |
19.000 |
|
Other current assets |
|
|
|
12.617.000 |
|
|
Current assets |
122.695.000 |
124.453.000 |
118.086.000 |
117.682.000 |
24.898.000 |
|
Total assets |
314.924.000 |
336.763.000 |
346.178.000 |
362.444.000 |
172.725.000 |
|
Issued capital |
|
|
|
|
18.000 |
|
Share premium reserve |
|
|
|
|
62.173.000 |
|
Other reserves |
|
|
|
|
-119.283.000 |
|
Total reserves |
|
|
|
|
-57.110.000 |
|
Shareholders equity |
|
|
|
-88.008.000 |
|
|
Minority interests |
600.000 |
518.000 |
632.000 |
485.000 |
|
|
Total equity |
134.782.000 |
114.280.000 |
-101.079.000 |
-87.523.000 |
-57.092.000 |
|
Provisions |
14.971.000 |
17.246.000 |
14.371.000 |
17.202.000 |
33.035.000 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Long term interest yielding debt |
17.877.000 |
13.071.000 |
14.225.000 |
|
93.776.000 |
|
Financial debts |
81.465.000 |
118.678.000 |
360.361.000 |
|
81.664.000 |
|
Long term liabilities |
99.342.000 |
131.749.000 |
374.586.000 |
80.197.000 |
175.440.000 |
|
Short term liabilities |
65.229.000 |
72.970.000 |
57.668.000 |
352.568.000 |
21.342.000 |
|
Total short and long term
liabilities |
179.542.000 |
221.965.000 |
446.625.000 |
449.967.000 |
229.817.000 |
|
Total liabilities |
314.924.000 |
336.763.000 |
346.178.000 |
362.444.000 |
172.725.000 |
Summary
The total assets of the company decreased with -6.48 % between 2012 and
2013.
This downturn is mainly retrievable in the fixed asset decrease of -9.46
%.
The asset reduction is in contrast with the equity growth of 17.94 %.
Due to this the total debt
decreased with -19.11 %.
In 2013 the assets of the company were 61.04 % composed of fixed assets
and 38.96 % by
current assets. The assets are being financed by an equity of 42.8 %,
and total debt of 57.2
%.
The total assets of the company decreased with -2.72 % between 2011 and
2012.
This downturn is mainly retrievable in the fixed asset decrease of -6.92
%.
The asset reduction is in contrast with the equity growth of 213.06 %.
Due to this the total
debt decreased with -50.3 %.
In 2012 the assets of the company were 63.04 % composed of fixed assets
and 36.96 % by
current assets. The assets are being financed by an equity of 33.93 %,
and total debt of
66.07 %.
Profit
& loss
|
Year |
2013 |
2012 |
2011 |
2009 |
|
Revenues |
219.403.000 |
232.429.000 |
241.167.000 |
|
|
Net turnover |
219.403.000 |
232.429.000 |
241.167.000 |
|
|
Gross margin |
65.843.000 |
68.179.000 |
64.516.000 |
|
|
Wages and salaries |
|
14.841.000 |
|
|
|
Amorization and depreciation |
|
20.145.000 |
|
|
|
Sales |
75.742.000 |
164.250.000 |
82.694.000 |
|
|
other operating costs |
|
51.670.000 |
|
|
|
Operating expenses |
229.302.000 |
250.906.000 |
259.345.000 |
|
|
Operating result |
-9.899.000 |
-18.477.000 |
-18.178.000 |
|
|
Financial income |
|
491.000 |
30.000 |
|
|
Financial expenses |
4.066.000 |
13.975.000 |
59.051.000 |
|
|
Financial result |
-4.066.000 |
-13.484.000 |
-59.021.000 |
|
|
Result on ordinary operations before
taxes |
-13.965.000 |
-31.961.000 |
-77.199.000 |
|
|
Taxation on the result of ordinary
activities |
-1.355.000 |
-3.824.000 |
-6.078.000 |
|
|
Result of ordinary activities after
taxes |
-12.610.000 |
-28.137.000 |
-71.121.000 |
-10.899.000 |
|
Result subsidiaries after taxes |
62.000 |
|
|
-86.545.000 |
|
Net result |
-12.548.000 |
-28.023.000 |
-71.146.000 |
-97.444.000 |
|
Attributable to third parties |
|
-114.000 |
25.000 |
|
Summary
The turnover of the company decreased by -5.6 % between 2012 and 2013.
The gross profit of the company decreased by -3.43 % between 2012 and
2013.
The operating result of the company grew with 46.43 % 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 53.32
% of the analysed period, being equal to 2012 % in the year 2013.
This growth has contributed to the increase in assets turnover,
increasing by 1.45 % reaching
0.7.
The Net Result of the company decreased by 55.22 % 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 62.96 % of the analysed period, being -10.36 % in the year 2013.
The company's financial structure has slowed down its financial
profitability.
The turnover of the company decreased by -3.62 % between 2011 and 2012.
The gross profit of the company grew with 5.68 % between 2011 and 2012.
The operating result of the company declined with -1.64 % between 2011
and 2012. This
evolution implies an decrease of the company's economic profitability.
The result of these changes is an increase of the company's Economic
Profitability of 57.44
% of the analysed period, being equal to 2011 % in the year 2012.
Despite the growth the assets turnover decreased, whose index evolved
with -1.43 % to a
level of 0.69.
The Net Result of the company decreased by 60.61 % between 2011 and
2012.
The company's Financial Profitability has been negatively affected by
the financial activities in
comparison to the EBITs behaviour. The result of these variations is a
profitability reduction
of -136.62 % of the analysed period, being -27.97 % in the year 2012.
The company's financial profitability has been positively affected by
its financial structure.
Analysis
Branch (SBI)
Wholesale trade (no motor vehicles and motorcycles) (46)
Region
Midden-Brabant
In the Netherlands 109662 of the companies are registered with the SBI
code 46
In the region Midden-Brabant 5737 of the companies are registered with
the SBI code 46
In the Netherlands 2387 of the bankrupcties are published within this
sector
In the region Midden-Brabant 108 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 Midden-Brabant is normal
Publications
Consent statements
24-11-2014: Voor boekjaar 2013 is een instemmingsverklaring gedeponeerd.
05-02-2013: Voor boekjaar 2012 is een instemmingsverklaring gedeponeerd.
01-03-2012: Voor boekjaar 2011 is een instemmingsverklaring gedeponeerd.
31-03-2011: Voor boekjaar 2010 is een instemmingsverklaring gedeponeerd.
Functions
06-02-2014: Per 15-11-2013 is gevolmachtigde Sylvia de Bie in functie
getreden.
25-03-2011: Per 15-03-2011 is bestuurder Johannes Maria Wilhelmus Geerts
uit functie
getreden.
Mergers
13-01-2014: Op 19-12-2013 fusieakte verleden. Verkrijgende
rechtspersoon: Fabory
Nederland B.V., 18020925 Verdwijnende rechtspersoon: Fabory Special
Projects B.V.,
18033810 ... Op 31-12-2013 fusieakte verleden. Verkrijgende
rechtspersoon: Fabory
Nederland B.V., 18020925 Verdwijnende rechtspersoon:
Beleggingsmaatschappij Maasoever
Rotterdam B.V., 24166620.
18-11-2013: Op 14-11-2013 fusievoorstel gedeponeerd. Verkrijgende
rechtspersoon: Fabory
Nederland B.V., 18020925 Verdwijnende rechtspersoon: Fabory Special
Projects B.V.,
18033810 ... Op 14-11-2013 fusievoorstel gedeponeerd. Verkrijgende
rechtspersoon: Fabory
Nederland B.V., 18020925 Verdwijnende rechtspersoon:
Beleggingsmaatschappij Maasoever
Rotterdam B.V., 24166620.
Company
structure
Relations 13
Grainger International Holdings B.V.
Prins Bernhardplein 200
1097JB AMSTERDAM
Netherlands
Registration number: 342759770000
BMFGH Holding B.V.
Zevenheuvelenweg 44
5048AN TILBURG
Netherlands
Registration number: 342852170000
Fabory Masters in Fasteners Group B.V.
Zevenheuvelenweg 44
5048AN Tilburg
Netherlands
Registration number: 342833530000
Fabory Nederland B.V.
Zevenheuvelenweg 44
5048AN Tilburg
Netherlands
Registration number: 180209250000
Dutch Industrial Fasteners B.V.
Zevenheuvelenweg 44
5048AN TILBURG
Netherlands
Registration number: 172255780000
Pimentel Fasteners B.V.
Groot Mijdrechtstraat 22
3641RW Mijdrecht
Netherlands
Registration number: 300432100000
Inbema N.V.
Zevenheuvelenweg 44
5048AN TILBURG
Netherlands
Registration number: 180463250000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.20 |
|
UK Pound |
1 |
Rs.95.99 |
|
Euro |
1 |
Rs.71.00 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
MNL |
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.