MIRA INFORM REPORT
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Report No. : |
304559 |
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Report Date : |
27.01.2015 |
IDENTIFICATION DETAILS
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Name : |
KORPERSHOEK WAREHOUSING & FORWARDING B.V.
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Registered Office : |
Melkrijder 16, 3861SG
Nijkerk |
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Country : |
Netherlands |
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
01.04.1996 |
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Com. Reg. No.: |
08069396 |
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Legal Form : |
Private Company |
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Line of Business : |
· Subject is a Logistics Services Company ·
Subject also offers (Conditioned) Storage and
Handling Facilities for goods. |
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No of Employees : |
04 (2015) |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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.
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.
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Source : CIA |
Company
summary
Company name Korpershoek Warehousing
& Forwarding B.V.
Operative address Melkrijder 16
3861SG Nijkerk
Netherlands
Risk Average risk
Status Active
Legal form Besloten
Vennootschap (Private Company)
Registration number KvK-nummer:
08069396
VAT-number
804654888
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
41.383 |
-36,09 |
64.750 |
-7,70 |
70.154 |
|
Total receivables |
586.698 |
-29,79 |
835.676 |
36,24 |
613.404 |
|
Total equity |
492.052 |
18,44 |
415.461 |
28,36 |
323.670 |
|
Short term liabilities |
350.854 |
-35,70 |
545.676 |
19,68 |
455.963 |
|
Working capital |
450.669 |
28,50 |
350.711 |
38,34 |
253.516 |
|
Quick ratio |
2,28 |
39,02 |
1,64 |
5,13 |
1,56 |
Contact
information
Company name Korpershoek
Warehousing & Forwarding B.V.
Trade names Korpershoek
Warehousing & Forwarding B.V.
Operative address Melkrijder
16
3861SG Nijkerk
Netherlands
Correspondence address Postbus
1012
3860BA Nijkerk Gld
Netherlands
Telephone number 0334453090
Fax number 0332465580
Email address j.korpershoek@korpershoek.nl
Website www.korpershoek.nl
Registration
Registration number KvK-nummer:
08069396
Branch number 000017841569
VAT-number 804654888
Status Active
First registration
company register 1996-06-12
Memorandum 1996-06-11
Establishment date 1996-04-01
Legal form Besloten
Vennootschap (Private Company)
Issued placed capital EUR
18.151
Paid
up share capital EUR
18.151
Activities
· Subject is a Logistics Services Company
·
Subject also offers (Conditioned) Storage and
Handling Facilities for goods.
Exporter No
Importer No
Goal Bemiddeling
in op- en overslag activiteiten.
Relations
Shareholders Looijen
Beheer B.V.
Melkrijder 16
3861SG NIJKERK GLD
Netherlands
Registration number: 080223410000
Percentage:
100%
Branches Korpershoek
Warehousing & Forwarding B.V.
Snelliusstraat 15
3846BT HARDERWIJK
Netherlands
Registration
number: 080693960000
Management
Active management Looijen
Beheer B.V.
Melkrijder 16
3861SG NIJKERK GLD
Netherlands
Registration number: 080223410000
Competence: Fully authorized
Function: Manager
Starting
date: 1996-06-11
Employees
Total according to the Chamber of Commerce 4
Year 2015
2013 2012 2011 2010
Total 4 6
4 4 4
Payments
Description
Payments
are made regularly no complaints are known
Key figures
Year 2013
2012 2011 2009
Quick ratio 2,28
1,64 1,56 1,01
Current ratio 2,28 1,64 1,56
1,01
Working capital/ balance total 0,53 0,36 0,33 0,01
Equity / balance total 0,58
0,43 0,42 0,15
Equity / Fixed assets 11,89
6,42 4,61 1,06
Equity / liabilities 1,40 0,76 0,71 0,18
Balance total / liabilities 2,40 1,76
1,71 1,18
Working capital 450.669
350.711 253.516 7.024
Equity 492.052
415.461 323.670 128.998
Mutation equity 18,44 28,36 0,12
Mutation short term
liabilities -35,70 19,68 0,63
Summary
The 2013 financial result structure is a positive working
capital of 450.669 euro, which is in
agreement with 53 % of the total assets of the company.
The working capital has increased with 28.5 % 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 2.28. 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 2.28. A company
with a Quick Ratio of more than
1 can currently pay back its current liabilities.
The 2012 financial result structure is a positive working capital
of 350.711 euro, which is in
agreement with 36 % of the total assets of the company.
The working capital has increased with 38.34 % compared to
previous year. The ratio, with
respect to the total assets of the company has however,
increased.
The improvement between 2011 and 2012 has mainly been
caused by an increase of the
current assets.
The current ratio of the company in 2012 was 1.64. 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 1.64. A company
with a Quick Ratio of more than
1 can currently pay back its
current liabilities.
Financial
statement
Last annual account 2013
Remark annual account The
company is obliged to file its financial statements.
Type of annual account Corporate
Annual account Korpershoek
Warehousing & Forwarding B.V.
Melkrijder 16
3861SG Nijkerk
Netherlands
Registration number: 080693960001
Balance
Balance Sheets
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Year |
2013 |
2012 |
2011 |
2009 |
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End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2009-12-31 |
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Tangible fixed assets |
41.383 |
64.750 |
70.154 |
121.974 |
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Fixed assets |
41.383 |
64.750 |
70.154 |
121.974 |
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Total receivables |
586.698 |
835.676 |
613.404 |
695.524 |
|||
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Liquid funds |
214.825 |
60.711 |
96.075 |
20.934 |
|||
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Current assets |
801.523 |
896.387 |
709.479 |
716.458 |
|||
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Total assets |
842.906 |
961.137 |
779.633 |
838.432 |
|||
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Issued capital |
18.151 |
18.151 |
18.151 |
18.151 |
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Other reserves |
473.901 |
397.310 |
305.519 |
110.847 |
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Total reserves |
473.901 |
397.310 |
305.519 |
110.847 |
|||
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Total equity |
492.052 |
415.461 |
323.670 |
128.998 |
|||
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Short term liabilities |
350.854 |
545.676 |
455.963 |
709.434 |
|||
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Total short and long term liabilities |
350.854 |
545.676 |
455.963 |
709.434 |
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Total liabilities |
842.906 |
961.137 |
779.633 |
838.432 |
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Summary
The total assets of the company decreased with -12.3 %
between 2012 and 2013.
This downturn is mainly retrievable in the fixed asset
decrease of -36.09 %.
The asset reduction is in contrast with the equity growth
of 18.44 %. Due to this the total debt
decreased with -35.7 %.
In 2013 the assets of the company were 4.91 % composed of
fixed assets and 95.09 % by
current assets. The assets are being financed by an equity
of 58.38 %, and total debt of
41.62 %.
The total assets of the company increased with 23.28 %
between 2011 and 2012.
Despite the assets growth, the non current assets
decreased with -7.7 %.
The asset growth has mainly been financed by a Net Worth
increase of 28.36 %. Debt,
however, grew with 19.68 %.
In 2012 the assets of the company were 6.74 % composed of
fixed assets and 93.26 % by
current assets. The assets are being financed by an equity
of 43.23 %, and total debt of
56.77 %.
Analysis
Analysis
Branch (SBI) Warehousing
and support activities for transportation (52)
Region Veluwe
In the Netherlands 9324 of the
companies are registered with the SBI code 52
In the region Veluwe 220 of
the companies are registered with the SBI code 52
In the Netherlands 202 of the
bankrupcties are published within this sector
In the region Veluwe 9 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
Filings 31-07-2014:
De jaarrekening over 2013 is gepubliceerd.
04-03-2014: De jaarrekening
over 2012 is gepubliceerd.
05-02-2013: De jaarrekening
over 2011 is gepubliceerd.
22-07-2010:
De jaarrekening over 2009 is gepubliceerd.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.61.50 |
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UK Pound |
1 |
Rs.92.16 |
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Euro |
1 |
Rs.69.62 |
INFORMATION DETAILS
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Analysis Done by
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RAS |
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Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
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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.