|
Report No. : |
326180 |
|
Report Date : |
08.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
YAYA B.V. |
|
|
|
|
Registered Office : |
Haarlemmerstraatweg 95 1165MK Halfweg |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
01.06.1992 |
|
|
|
|
Com. Reg. No.: |
34124601 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Wholesale of outerwear The import and export and wholesale trade in textiles and
related items |
|
|
|
|
No. of Employees : |
48 |
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 – 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, the sixth-largest economy in the euro-zone, is noted for its important role as a European transportation hub, sizable trade surplus, stable industrial relations, and moderate unemployment and inflation. 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 export. 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 injected billions of dollars of capital into financial institutions to stem the deterioration. To address the economic downturn, the government also 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 began implementing austerity measures in early 2011 to reduce the budget deficit, and, in 2013, the government brought the budget deficit below the euro-zone limit of 3% of GDP. Though the Dutch economy remains fragile, a gradual improvement in GDP growth in 2014 helped reduce the deficit further through an increase in government tax revenues. Private consumption remains subdued because of high unemployment, low wage growth, and still-high levels of debt, which together with tax increases, have made households reluctant to spend. Private investment and export growth are susceptible to slower activity in the Netherlands’ European trading partners and geopolitical tensions that constrain international trade.
|
Source
: CIA |
|
Company name |
YAYA B.V. |
|
Operative address |
Haarlemmerstraatweg 95 |
|
|
1165MK Halfweg |
|
|
Netherlands |
|
Legal form |
Private Company |
|
|
|
|
|
Registration number |
KvK-nummer: 34124601 |
|
|
|
|
|
VAT-number |
808363153 |
|
|
|
|
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
509.209 |
-12,42 |
581.435 |
-8,77 |
637.302 |
|
Total receivables |
1.997.230 |
25,75 |
1.588.253 |
-9,82 |
1.761.251 |
|
Total equity |
736.911 |
8,72 |
677.776 |
-65,62 |
1.971.641 |
|
Short term liabilities |
1.880.922 |
-9,33 |
2.074.402 |
-33,40 |
3.114.661 |
|
Net result |
|
-100,00 |
206.135 |
-87,38 |
1.632.970 |
|
Working capital |
1.001.174 |
-24,97 |
1.334.307 |
-7,09 |
1.436.168 |
|
Quick ratio |
1,24 |
9,73 |
1,13 |
15,31 |
0,98 |
|
Company name |
YAYA B.V. |
|
Trade names |
YAYA YA-YA YAYA B.V. |
|
Operative address |
Haarlemmerstraatweg 95 |
|
|
1165MK Halfweg |
|
|
Netherlands |
|
Correspondence address |
Postbus 132 |
|
|
1160AC Zwanenburg |
|
|
Netherlands |
|
Telephone number |
0204976066 |
|
Fax number |
0204974499 |
|
Email address |
info@yaya.nl |
|
Website |
www.yaya.nl |
|
Registration number |
KvK-nummer: 34124601 |
|
Branch number |
000020221401 |
|
VAT-number |
808363153 |
|
Status |
Active |
|
First registration company register |
1999-12-07 |
|
Memorandum |
1999-11-30 |
|
Establishment date |
1992-06-01 |
|
Legal form |
Private Company |
|
Legal person since |
1999-11-30 |
|
Last proposed admendment |
2014-01-29 |
|
Issued placed capital |
EUR 18.242 |
|
Paid up share capital |
EUR 18.242 |
|
SBI |
Wholesale of outerwear (46421) |
|
Exporter |
Yes |
|
Importer |
Yes |
|
Goal |
The import and export and wholesale trade in textiles and related items |
Relations
|
|
|
Shareholders |
Ya-Ya Shirt Company Holding B.V. |
|
|
Haarlemmerstraatweg 95 |
|
|
1165MK HALFWEG NH Netherlands Registration number: 340795810000 Percentage: 100% |
|
Companies on same address |
BLOM TRADE
INTERNATIONAL BV Registration number: 340645240000 Ya-Ya Retail
B.V. Registration number: 341420350000 M.G.W. Draijer
Beheer B.V. Registration number: 340981620000 P.J.A. Draijer
Beheer B.V. Registration number: 340981630000 Ya-Ya Shirt
Company Holding B.V. Registration number: 340795810000 Ya-Ya Webshop
B.V. Registration number: 581227450000 |
|
Active management |
Ya-Ya Shirt Company Holding B.V. Haarlemmerstraatweg 95 1165MK HALFWEG NH Netherlands Registration number: 340795810000 Competence: Fully authorized Function: Manager Starting date: 1999-11-30 |
|
Year |
2015 |
2014 |
2013 |
2012 |
2011 |
|
Total |
48 |
48 |
10 |
10 |
10 |
|
Score |
5,83 |
|
Description |
Payments are made regularly with some delay |
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Quick ratio |
1,24 |
1,13 |
0,98 |
0,32 |
1,17 |
|
Current ratio |
1,53 |
1,64 |
1,46 |
0,99 |
1,29 |
|
Working capital/ balance total |
0,30 |
0,33 |
0,28 |
-0,01 |
0,22 |
|
Equity / balance total |
0,22 |
0,17 |
0,38 |
0,07 |
0,23 |
|
Equity / Fixed assets |
1,45 |
1,17 |
3,09 |
0,76 |
105,64 |
|
Equity / liabilities |
0,28 |
0,20 |
0,61 |
0,08 |
0,29 |
|
Balance total / liabilities |
1,28 |
1,20 |
1,61 |
1,08 |
1,29 |
|
Working capital |
1.001.174 |
1.334.307 |
1.436.168 |
-64.147 |
399.529 |
|
Equity |
736.911 |
677.776 |
1.971.641 |
338.671 |
403.347 |
|
Mutation equity |
8,72 |
-65,62 |
482,17 |
-16,03 |
2.047,50 |
|
Mutation short term liabilities |
-9,33 |
-33,40 |
-28,73 |
215,00 |
-46,41 |
|
Return on total assets (ROA) |
|
3,79 |
40,60 |
|
|
|
Return on equity (ROE) |
|
22,33 |
106,85 |
|
|
|
Gross margin |
|
5.268.912 |
7.367.985 |
|
|
|
Operating result |
|
322.806 |
2.298.358 |
|
|
|
Net result after taxes |
|
206.135 |
1.632.970 |
|
|
|
Cashflow |
|
279.581 |
1.696.957 |
|
|
|
EBIT |
|
322.806 |
2.298.358 |
|
|
|
EBITDA |
|
396.252 |
2.362.345 |
|
|
|
Summary |
The 2013 financial result structure is a postive working captial of
1.001.174 euro, which is in agreement with 30 % of the total assets of the company. The working capital has diminished with -24.97 % 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 1.53. 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 1.24. A company with a
Quick Ratio of more than 1 can currently pay back its current liabilities. The 2012 financial result structure is a postive working captial of
1.334.307 euro, which is in agreement with 33 % of the total assets of the
company. The working capital has diminished with -7.09 % compared to previous
year. The ratio, with respect to the total assets of the company has however,
increased. The deterioration between 2011 and 2012 has mainly been caused by a
reduction 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 1.13. A company with a
Quick Ratio of more than 1 can currently pay back its current liabilities. |
|
Last annual account |
2013 |
|
Remark annual account |
The company is obliged to file its financial statements. |
|
Type of annual account |
Corporate |
|
Annual account |
YAYA B.V. Haarlemmerstraatweg 95 1165MK Halfweg Netherlands Registration number: 341246010000 |
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Tangible fixed assets |
509.209 |
581.435 |
637.302 |
444.973 |
3.818 |
|
Fixed assets |
509.209 |
581.435 |
637.302 |
444.973 |
3.818 |
|
Total stock |
541.450 |
1.073.359 |
1.503.848 |
2.925.082 |
166.925 |
|
Total receivables |
1.997.230 |
1.588.253 |
1.761.251 |
1.046.977 |
800.582 |
|
Liquid funds |
343.416 |
747.097 |
1.285.730 |
333.915 |
819.350 |
|
Current assets |
2.882.096 |
3.408.709 |
4.550.829 |
4.305.974 |
1.786.857 |
|
Total assets |
3.391.305 |
3.990.144 |
5.188.131 |
4.750.947 |
1.790.675 |
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Issued capital |
18.242 |
18.242 |
18.242 |
18.242 |
18.242 |
|
Other reserves |
718.669 |
453.399 |
320.429 |
320.429 |
385.105 |
|
Non-distributable profit |
|
206.135 |
1.632.970 |
|
|
|
Total reserves |
718.669 |
659.534 |
1.953.399 |
320.429 |
385.105 |
|
Total equity |
736.911 |
677.776 |
1.971.641 |
338.671 |
403.347 |
|
Provisions |
98.472 |
112.966 |
101.829 |
42.155 |
|
|
Long term interest yielding debt |
675.000 |
1.125.000 |
|
|
|
|
Long term liabilities |
675.000 |
1.125.000 |
|
|
|
|
Short term liabilities |
1.880.922 |
2.074.402 |
3.114.661 |
4.370.121 |
1.387.328 |
|
Total short and long term liabilities |
2.654.394 |
3.312.368 |
3.216.490 |
4.412.276 |
1.387.328 |
|
Total liabilities |
3.391.305 |
3.990.144 |
5.188.131 |
4.750.947 |
1.790.675 |
|
Summary |
The total assets of the company decreased with -15.01 % between 2012
and 2013. This total assets decrease has been reflected in a reduction of non current
assets of -12.42 %. The asset reduction is in contrast with the equity growth of 8.72 %.
Due to this the total debt decreased with -19.86 %. In 2013 the assets of the company were 15.02 % composed of fixed
assets and 84.98 % by current assets. The assets are being financed by an
equity of 21.73 %, and total debt of 78.27 %. The total assets of the company decreased with -23.09 % between 2011
and 2012. This total assets decrease has been reflected in a reduction of non
current assets of -8.77 %. The asset reduction results in an equity decrease
of -65.62 %. Despite the decrease, the indebtness increased with 2.98 %. In 2012 the assets of the company were 14.57 % composed of fixed
assets and 85.43 % by current assets. The assets are being financed by an
equity of 16.99 %, and total debt of 83.01 %. |
||||
|
Year |
2012 |
2011 |
|
Gross margin |
5.268.912 |
7.367.985 |
|
Wages and salaries |
2.666.482 |
2.868.568 |
|
Amorization and depreciation |
73.446 |
63.987 |
|
other operating costs |
2.206.178 |
2.137.072 |
|
Operating expenses |
4.946.106 |
5.069.627 |
|
Operating result |
322.806 |
2.298.358 |
|
Financial income |
|
14 |
|
Financial expenses |
171.428 |
191.757 |
|
Financial result |
-171.428 |
-191.743 |
|
Result on ordinary operations before taxes |
151.378 |
2.106.615 |
|
Taxation on the result of ordinary activities |
50.218 |
512.176 |
|
Result of ordinary activities after taxes |
101.160 |
1.594.439 |
|
Extraordinary income |
104.975 |
38.531 |
|
Extraordinary result after taxation |
104.975 |
38.531 |
|
Net result |
206.135 |
1.632.970 |
|
Summary |
The gross profit of the company decreased by -28.49 % between 2011 and
2012. The operating result of the company declined with -85.95 % between 2011
and 2012. 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 -90.67 % of the analysed period, being equal to
2011 % in the year 2012. The Net Result of the company increased by -87.38 % between 2011 and
2012. 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 -79.1 % of the analysed
period, being 22.33 % in the year 2012. The company's financial profitability has been positively affected by
its financial structure. |
|
Branch (SBI) |
Wholesale trade (no motor vehicles and motorcycles) (46) |
|
Region |
Groot Amsterdam In the Netherlands 109662 of the companies are registered with the SBI
code 46 In the region Groot Amsterdam 10512 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 Groot Amsterdam 209 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 Groot Amsterdam is
normal |
|
Filings |
01-10-2014: De jaarrekening over 2013 is gepubliceerd. 10-12-2013: De jaarrekening over 2012 is gepubliceerd. 21-12-2012: De
jaarrekening over 2011 is gepubliceerd. 26-09-2011: De jaarrekening over 2010
is gepubliceerd. |
|
Amendments |
31-01-2014: Per 29-1-2014 statuten gewijzigd. Per 29-1-2014 naam
gewijzigd in: YAYA B.V.. Zetel gewijzigd in: Gemeente Halfweg. |
|
Relations |
4 |
Ya-Ya Shirt
Company Holding B.V.
Haarlemmerstraatweg 95
1165MK HALFWEG NH Netherlands
Registration number: 340795810000
• YAYA B.V.
Haarlemmerstraatweg 95 1165MK Halfweg
Netherlands
Registration number: 341246010000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.90 |
|
|
1 |
Rs.97.98 |
|
Euro |
1 |
Rs.71.82 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
SHG |
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.