MIRA INFORM REPORT

 

 

Report No. :

323625

Report Date :

23.05.2015

 

IDENTIFICATION DETAILS

 

Name :

DANTEC DYNAMICS A/S

 

 

Registered Office :

Tonsbakken 16, 2740 Skovlunde Ballerup/Hovedstaden 101896

 

 

Country :

Denmark

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

1991

 

 

Legal Form :

Limited company

 

 

Line of Business :

  • Manufacture of instruments and appliances for meas
  • Repair of electronic and optical equipment
  • Wholesale of other machinery and equipment

 

 

No of Employees :

54

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

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)

Denmark

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

B2

Moderate High Risk

 

C1

High Risk

C2

Very High Risk

D

 


 

DENMARK ECONOMIC OVERVIEW

 

This thoroughly modern market economy features a high-tech agricultural sector, state-of-the-art industry with world-leading firms in pharmaceuticals, maritime shipping and renewable energy, and a high dependence on foreign trade. Denmark is a member of the European Union (EU); Danish legislation and regulations conform to EU standards on almost all issues. Danes enjoy a high standard of living and the Danish economy is characterized by extensive government welfare measures and an equitable distribution of income. Denmark is a net exporter of food and energy and enjoys a comfortable balance of payments surplus, but depends on imports of raw materials for the manufacturing sector. Within the EU, Denmark is among the strongest supporters of trade liberalization. After a long consumption-driven upswing, Denmark's economy began slowing in 2007 with the end of a housing boom. Housing prices dropped markedly in 2008-09 and, following a short respite in 2010, have since continued to decline. Household indebtedness is still relatively high at more than 275% of gross disposable income in the first half of 2013. The global financial crisis has exacerbated this cyclical slowdown through increased borrowing costs and lower export demand, consumer confidence, and investment. Denmark made a modest recovery in 2010, in part because of increased government spending; however, the country experienced a technical recession in late 2010-early 2011 and has been slow to emerge from it in 2012-14 . Historically low levels of unemployment rose sharply with the recession and have remained at about 6% in 2010-13, based on the national measure, about two-thirds average EU unemployment. An impending decline in the ratio of workers to retirees will be a major long-term issue. Denmark maintained a healthy budget surplus for many years up to 2008, but the budget balance swung into deficit in 2009, where it remains. In spite of the deficits, the new coalition government delivered a modest stimulus to the economy in 2012. Despite previously meeting the criteria to join the European Economic and Monetary Union (EMU), Denmark has negotiated an opt-out with the EU and is not required to adopt the euro.

 

Source : CIA

 


REGISTERED NAME & COMPANY SUMMARY

 

Identification - company profile

Company name

Dantec Dynamics A/S

Phone-no.

44578000

Address

Tonsbakken 16

Fax

44578001

Postal code/city

2740 Skovlunde

Www

www.dantecdynamics.com

Municipality/County

Ballerup/Hovedstaden

E-mail

info@dantecdynamics.com

KOB-no.

101896

CVR-no.

15107588

 

DIRECTORS/MANAGEMENT

 

Management

Management

Jean-Marc Muller, Managing director (Joined - 9. September 2010)

Board members

Janet Barbookles, Chairman (Joined - 3. Feburary 2010)

 

James Barbookles, Member of the board (Joined - 3. Feburary 2010)

 

Michael Anthony Larkin, Member of the board (Joined - 3. Feburary 2010)

 

Jesper Dela, Elected by employees (Joined - 10. August 2010)

 

Jørgen Frandsen, Elected by employees (Joined - 8.October 2014)

Divisional managers

Michael Larkin, Finance

 

Ulrik Lund Hougaard , Finance

 

Palle Gjelstrup , Marketing

 

Mogens Carlsen , Production

 

Mogens Carlsen , Purchasing

Authorisation to sign

the entire board of diretors together with a member of the board or a manager

 

Management history

Nicholas Toussi, General manager (Resigned 9.0 September 2010)

Board history

Lars Thor Kiær-Christensen, Elected by employees (Resigned 10.0 August 2010)

 

Claus Overgaard Christiansen, Elected by employees (Resigned 8.0 October 2014)

 

NEGATIVE INFORMATION

 

No negative information found.

 

SHARE & SHARE CAPITAL INFORMATION

 

Capital history

On 12. August 2010 the capital was increased by cash payment

 

by DKK 1.171.000 at price 100,00 to a total of DKK 22.721.000.

 

On 10. August 2010 the capital was increased by cash payment

 

by DKK 6.550.000 at price 100,00 to a total of DKK 21.550.000.

 

On 6. June 1996 the capital was reduced for special reserves by DKK -

 

15.000.000 at price 100,00 to a total of DKK 15.000.000.

 

On 6. June 1996 the capital was reduced to cover deficit by DKK -

 

5.000.000 at price 100,00 to a total of DKK 30.000.000.

 

On 6. June 1996 the capital was increased by cash payment

 

by DKK 15.000.000 at price 100,55 to a total of DKK 35.000.000.

Account change period

1.0 May 1991 - 31.0 December

 

PAYMENT INFORMATION

 

Remarks

Official registr.

No

Payment remarks

No

Mortgage on property

2006-10-17 Mortgage on other assets DKK 16.000.000

 

Payment pattern

Payments pattern compared to other Danish businesses (days beyond terms).

The graph shows how many days beyond terms the business has settled accounts reported to KOB and how many days beyond terms other businesses on average settle their accounts.

The graph also shows the development in payment performance in the last 24 months (0-3 months) (0-24 months) from time of measurement.

On the basis of the above it is now possible to see whether the business is beginning to settle invoices earlier or later.

 

Payment pattern

Payment performance broken down on time.

The graph shows as a percent how many invoices reported to KOB that the company settled on time (0 days) and how many it settled beyond due date.

The graph also shows the development in the past 24 months (0-12 months) (0-24 months) from time of measurement, and it will thus appear whether the business is beginning to settle accounts earlier or later.

 

The graph shows as a percent how many of the accounts reported to KOB that the company has settled on time (0 days) and how many it settled beyond due date. Data on size of invoice will also show whether the company settles large or small invoices early or late.

The graph shows as a percent how many of the accounts reported to KOB that the company has settled on time (0 days) and how many it settled beyond due date. Data on size of invoice will also show whether the company settles large or small invoices early or late.

The graph shows invoices reported in the last 12 months from time of measurement.

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Group relations and ownership

Parent company

Nova Instruments Corporation (USA) (100%)

Subsidiaries

Dantec Dynamics Inc (USA) (100%)

 

Dantec Dynamics Ltd (GBR) (100%)

 

Dantec Dynamics GmbH (DEU) (100%)

 

Dantec Dynamics SAS (FRA) (100%)

 

Dantec Dynamics KK (JPN) (100%)

 

FINANCIAL INFORMATION

 

Financial data

Share capital

DKK 22.721.000,00

 

fully paid up

Financial period

1.0 January - 31.0 December

Account change period

1.0 May 1991 - 31.0 December

Leasing commitments

In the financial statement of 2013 attention is drawn to leasing commitments.

Nomination

All financial figures stated in DKK 1.000

 

Financial year

2013

2012

2011

2010

2009

Published on

2014-06-02

2013-05-24

2012-05-31

2011-06-24

2010-03-24

Closing date

2013-12-31

2012-12-31

2011-12-31

2010-12-31

2009-12-31

No. of months

12

12

12

12

12

Number of employees

58

53

51

54

58

 

Profit and Loss account

2013

2012

2011

2010

2009

Gross turnover

N/A

N/A

N/A

N/A

N/A

Charges

N/A

N/A

N/A

N/A

N/A

Turnover

105.052

120.243

105.914

98.916

105.150

Change in stocks

-869

-1.519

1.977

1.011

770

Work for own account

N/A

N/A

N/A

N/A

N/A

Other oper. income

10.808

10.794

12.175

14.100

3.607

Trade consumption

-51.987

-58.651

-52.676

-50.726

-56.811

External costs

-19.939

-22.204

-23.413

-32.087

-9.251

Production costs

N/A

N/A

N/A

N/A

N/A

Gross profit

43.065

48.663

43.977

31.214

43.465

Marketing costs

N/A

N/A

N/A

N/A

N/A

Administration costs

N/A

N/A

N/A

N/A

N/A

RogD-costs

N/A

N/A

N/A

N/A

N/A

Personnel costs (A)

-29.161

-26.235

-26.903

-28.146

-29.215

Personnel costs (N)

N/A

N/A

N/A

N/A

N/A

Personnel costs

-29.161

-26.235

-26.903

-28.146

-29.215

Depreciation (acc.)

-3.392

-3.117

-2.690

-3.264

-2.826

Depreciation (note)

N/A

-3.142

N/A

N/A

N/A

Depreciation

-3.392

-3.142

-2.690

-3.264

-2.826

Other operat. costs

N/A

N/A

N/A

N/A

N/A

Other income

N/A

N/A

N/A

N/A

N/A

Operating profit

10.512

19.311

14.384

-196

11.424

Financing income

1.001

1.546

1.037

2.273

628

Financing costs

-3.943

-3.178

-2.083

-1.311

-2.367

Income from shares

-1.441

-5.001

-12.375

-19.278

26

Income other shares

N/A

N/A

N/A

N/A

N/A

Other fin. income

N/A

0

N/A

N/A

N/A

Amort. fin. assets

N/A

N/A

N/A

N/A

N/A

Other financial cost

N/A

N/A

N/A

N/A

N/A

Financial items

N/A

N/A

N/A

N/A

N/A

Financial income

1.001

1.546

1.037

2.273

654

Financial expenses

-5.384

-8.179

-14.458

-20.589

-2.367

Financial items net

-4.383

-6.633

-13.421

-18.316

-1.713

Secondary Items

N/A

N/A

N/A

N/A

N/A

Ordinary result

6.129

12.678

963

-18.512

9.711

Extraord. income

N/A

N/A

N/A

N/A

N/A

Extraord. costs

N/A

N/A

N/A

N/A

N/A

Extraord. result

N/A

N/A

N/A

N/A

N/A

Extraordinary items

N/A

N/A

N/A

N/A

N/A

Pre-tax profit

6.129

12.678

963

-18.512

9.711

Tax o.ext.ord.result

N/A

N/A

N/A

N/A

N/A

Tax on annual result

-1.897

-4.545

-3.365

-1.174

-2.455

Other fiscal

N/A

N/A

N/A

N/A

N/A

Tax-regulation

N/A

N/A

N/A

N/A

N/A

Annual result

4.232

8.133

-2.402

-19.686

7.256

Min.int.share res.

N/A

N/A

N/A

N/A

N/A

Res.af.min.int.share

4.232

8.133

-2.402

-19.686

7.256

Dividend of result

N/A

0

0

0

0

 

Assets

2013

2012

2011

2010

2009

Goodwill

0

10

32

54

76

Developing project

13.445

7.086

6.079

4.861

5.554

Patents/other rights

102

197

84

0

2

Other intang.assets

N/A

N/A

N/A

N/A

N/A

Intang. fix. assets

13.547

7.293

6.195

4.915

5.632

Land and buildings

N/A

N/A

N/A

N/A

N/A

Plant, machinery etc

2.432

1.910

2.119

1.811

2.303

Assets under constr.

N/A

N/A

N/A

N/A

N/A

Other tangib.assets

N/A

N/A

N/A

N/A

N/A

Tang. fixed assets

2.432

1.910

2.119

1.811

2.303

Participating invest

14.687

11.072

12.063

16.992

26.965

Other investments

N/A

N/A

N/A

N/A

N/A

Receivables in group

N/A

N/A

N/A

N/A

N/A

Oth.fin. receivables

536

N/A

N/A

N/A

N/A

Own shares

N/A

N/A

N/A

N/A

N/A

Other fin. assets

N/A

542

531

531

468

Fin. fixed assets

15.223

11.614

12.594

17.523

27.433

Fixed assets

31.202

20.817

20.908

24.249

35.368

Inventories

22.788

21.549

21.505

18.632

16.834

Work in progress

N/A

N/A

N/A

N/A

N/A

Work in progr. gross

N/A

N/A

N/A

N/A

N/A

Property for sale

N/A

N/A

N/A

N/A

N/A

Debtors

7.459

10.327

6.644

5.783

7.247

Receivables in group

27.968

36.921

36.651

37.602

24.821

Receivables fr.owner

N/A

N/A

N/A

N/A

N/A

Other receivables

1.188

719

1.687

2.572

3.975

Pre-paym/accrued inc

354

435

729

804

1.300

Securities

N/A

N/A

N/A

N/A

N/A

Cash in hand/bank

3

3

4

4

4

Other current assets

N/A

N/A

N/A

N/A

N/A

Current assets

59.760

69.954

67.220

65.397

54.181

 

Balance

2013

2012

2011

2010

2009

Balance

90.962

90.771

88.128

89.646

89.549

Liabilities

2013

2012

2011

2010

2009

Share capital

22.721

22.721

22.721

22.721

15.000

Revaluation reserves

N/A

N/A

N/A

N/A

N/A

Transferred result

12.278

11.117

2.930

5.627

23.939

Expected dividend

N/A

N/A

N/A

N/A

0

Other reserve

N/A

N/A

N/A

N/A

0

Premium on issue

N/A

N/A

N/A

N/A

N/A

Own share of equity

34.999

33.838

25.651

28.348

38.939

Min. interests share

N/A

N/A

N/A

N/A

N/A

Equity

34.999

33.838

25.651

28.348

38.939

Deferred tax

N/A

N/A

N/A

N/A

N/A

Pensions

0

0

0

0

0

Other provisions

2.619

836

346

383

323

Provisions

2.619

836

346

383

323

Subord.loan cap. UDW

N/A

N/A

N/A

N/A

N/A

Subord.loan capital

N/A

N/A

N/A

N/A

N/A

Subord.loan capital

N/A

N/A

N/A

N/A

N/A

Lt.debt to creditins

N/A

N/A

N/A

N/A

N/A

Mortgage debt

N/A

N/A

N/A

N/A

N/A

Lt. bank debt

N/A

N/A

N/A

N/A

N/A

Lt. debt to group

14.699

19.458

17.878

10.328

N/A

Lt. debt to owner

N/A

N/A

N/A

N/A

N/A

Other long-term debt

N/A

0

0

0

N/A

Long-term liab.

14.699

19.458

17.878

10.328

0

Cur.liab.to creditin

N/A

N/A

N/A

N/A

N/A

Current bank debt

15.146

10.217

16.119

26.133

22.364

Cur.liab. to group

1.081

79

2.342

335

933

Cur.liab. to owner

N/A

N/A

N/A

N/A

N/A

Creditors

12.416

12.188

13.919

13.809

14.806

Company tax

0

3.573

2.258

416

1.271

Dividend

N/A

N/A

N/A

N/A

N/A

Dividends

N/A

0

0

0

0

Prepayment

N/A

0

N/A

0

0

On acc.work in progr

N/A

N/A

N/A

N/A

N/A

On acc.work prog. gr.

N/A

N/A

N/A

N/A

N/A

Other debt

8.089

8.655

8.138

7.330

8.113

Pre-paym/accrued inc

1.914

1.929

1.477

2.564

2.800

Oth.cur. liabilities

N/A

N/A

N/A

N/A

N/A

Short-term liab.

38.646

36.641

44.253

50.587

50.287

Balance

2013

2012

2011

2010

2009

Total liabilities

90.963

90.773

88.128

89.646

89.549

Off. ratable value

N/A

N/A

N/A

N/A

N/A

Assessment date

N/A

N/A

N/A

N/A

N/A

 

Ratios

2013

2012

2011

2010

2009

Turnover/Employee

1.811

2.269

2.077

1.832

1.813

Oper.Profit/Employee

181

364

282

-4

197

Ord. Res./Employee

106

239

19

-343

167

Ann. Res./Employee

106

239

19

-343

167

Fixed assets/Empl.

538

393

410

449

610

Pers. costs/Employee

-503

-495

-528

-521

-504

Contribution ratio

40,99

40,47

41,52

31,56

41,34

Net profit ratio

10,01

16,06

13,58

-0,20

10,86

Capacity ratio

1,32

1,66

1,49

0,99

1,36

Return on investment

11,56

21,27

16,32

-0,22

12,76

Operational leverage

4,10

2,52

3,06

N/A

3,80

Wage ratio

67,71

53,91

61,18

90,17

67,22

Stock turnover

4,61

5,58

4,93

5,31

6,25

Asset turnover

1,15

1,32

1,20

1,10

1,17

Debtors credittime

20,73

25,08

18,32

17,07

20,12

Credittime creditors

34,51

29,60

38,37

40,76

41,12

Acid test ratio I

154,63

190,92

151,90

129,28

107,74

Acid test ratio II

95,67

132,11

103,30

92,44

74,27

Solvency ratio

38,48

37,28

29,11

31,62

43,48

Return on equity I

17,51

37,47

3,75

-65,30

24,94

Return on equity II

17,51

37,47

3,75

-65,30

24,94

Zero turnover

79.409

72.527

71.272

99.537

77.513

Margin of safety

24,41

39,68

32,71

0,00

26,28

Capital ratio

1,54

1,49

1,13

1,25

2,60

Intrinsic value

154,04

148,93

112,90

124,77

259,59

 

Profit and Loss account

2013

2012

2011

2010

2009

Gross turnover

N/A

N/A

N/A

N/A

N/A

Charges

N/A

N/A

N/A

N/A

N/A

Turnover

176.124

189.563

173.546

157.260

183.724

Change in stocks

495

-4.052

-361

2.225

2.140

Work for own account

N/A

N/A

N/A

N/A

N/A

Other oper. income

N/A

0

843

0

0

Trade consumption

-72.749

-77.664

-74.851

-70.555

-86.240

External costs

-29.494

-31.750

-30.323

-42.503

-26.385

Production costs

N/A

N/A

N/A

N/A

N/A

Gross profit

74.376

76.097

68.854

46.427

73.239

Marketing costs

N/A

N/A

N/A

N/A

N/A

Administration costs

N/A

N/A

N/A

N/A

N/A

RogD-costs

N/A

N/A

N/A

N/A

N/A

Personnel costs (A)

-56.710

-55.704

-56.872

-59.121

-56.611

Personnel costs (N)

N/A

N/A

N/A

N/A

N/A

Personnel costs

-56.710

-55.704

-56.872

-59.121

-56.611

Depreciation (acc.)

-5.767

-5.002

-4.159

-4.719

-3.999

Depreciation (note)

N/A

-5.165

N/A

N/A

N/A

Depreciation

-5.767

-5.165

-4.159

-4.719

-3.999

Other operat. costs

N/A

N/A

N/A

N/A

N/A

Other income

N/A

N/A

N/A

N/A

N/A

Operating profit

11.899

15.391

7.823

-17.413

12.629

Financing income

52

1.774

1.435

2.491

1.339

Financing costs

-5.862

-3.427

-4.027

-3.195

-4.096

Income from shares

N/A

0

0

0

0

Income other shares

N/A

N/A

N/A

N/A

N/A

Other fin. income

N/A

N/A

N/A

N/A

N/A

Amort. fin. assets

N/A

N/A

N/A

N/A

N/A

Other financial cost

N/A

N/A

N/A

N/A

N/A

Financial items

N/A

N/A

N/A

N/A

N/A

Financial income

52

1.774

1.435

2.491

1.339

Financial expenses

-5.862

-3.427

-4.027

-3.195

-4.096

Financial items net

-5.810

-1.653

-2.592

-704

-2.757

Secondary Items

N/A

N/A

N/A

N/A

N/A

Ordinary result

6.089

13.738

5.231

-18.117

9.872

Extraord. income

N/A

N/A

N/A

N/A

N/A

Extraord. costs

N/A

N/A

N/A

N/A

N/A

Extraord. result

N/A

N/A

N/A

N/A

N/A

Extraordinary items

N/A

N/A

N/A

N/A

N/A

Pre-tax profit

6.089

13.738

5.231

-18.117

9.872

Tax o.ext.ord.result

N/A

N/A

N/A

N/A

N/A

Tax on annual result

-1.857

-5.604

-7.633

-1.569

-2.616

Other fiscal

N/A

N/A

N/A

N/A

N/A

Tax-regulation

N/A

N/A

N/A

N/A

N/A

Annual result

4.232

8.134

-2.402

-19.686

7.256

Min.int.share res.

N/A

N/A

N/A

N/A

N/A

Res.af.min.int.share

4.232

8.134

-2.402

-19.686

7.256

Dividend of result

N/A

0

N/A

0

0

 

Assets

2013

2012

2011

2010

2009

Goodwill

0

80

206

333

459

Developing project

15.861

9.690

9.038

7.964

8.555

Patents/other rights

103

199

98

25

46

Other intang.assets

N/A

N/A

N/A

N/A

N/A

Intang. fix. assets

15.964

9.969

9.342

8.322

9.060

Land and buildings

N/A

N/A

N/A

N/A

N/A

Plant, machinery etc

5.523

4.345

3.055

2.943

3.584

Assets under constr.

N/A

N/A

N/A

N/A

N/A

Other tangib.assets

N/A

N/A

N/A

N/A

N/A

Tang. fixed assets

5.523

4.345

3.055

2.943

3.584

 Participating invest

N/A

0

0

0

0

Other investments

N/A

N/A

N/A

N/A

N/A

Receivables in group

N/A

N/A

N/A

N/A

N/A

Oth.fin. receivables

889

N/A

N/A

N/A

N/A

Own shares

N/A

N/A

N/A

N/A

N/A

Other fin. assets

N/A

799

807

737

670

Fin. fixed assets

889

799

807

737

670

Fixed assets

22.376

15.113

13.204

12.002

13.314

Inventories

29.294

27.800

28.886

27.771

25.246

Work in progress

N/A

N/A

N/A

N/A

N/A

Work in progr. gross

N/A

N/A

N/A

N/A

N/A

Property for sale

N/A

N/A

N/A

N/A

N/A

Debtors

45.323

52.951

48.685

42.080

54.479

Receivables in group

N/A

0

0

0

0

Receivables fr.owner

N/A

N/A

N/A

N/A

N/A

Other receivables

2.104

1.509

3.496

7.429

10.968

Pre-paym/accrued inc

709

825

1.225

1.406

2.435

Securities

N/A

N/A

N/A

N/A

N/A

Cash in hand/bank

14.668

12.523

11.694

15.441

5.952

Other current assets

N/A

N/A

N/A

N/A

N/A

Current assets

92.098

95.608

93.986

94.127

99.080

 

Balance

2013

2012

2011

2010

2009

Balance

114.474

110.721

107.190

106.129

112.394

Liabilities

2013

2012

2011

2010

2009

Share capital

22.721

22.721

22.721

22.721

15.000

Revaluation reserves

N/A

N/A

N/A

N/A

N/A

Transferred result

12.278

11.117

2.930

5.627

23.939

Expected dividend

N/A

N/A

N/A

N/A

0

Other reserve

N/A

N/A

N/A

N/A

0

Premium on issue

N/A

N/A

N/A

N/A

N/A

Own share of equity

34.999

33.838

25.651

28.348

38.939

Min. interests share

N/A

N/A

N/A

N/A

N/A

Equity

34.999

33.838

25.651

28.348

38.939

Deferred tax

N/A

N/A

N/A

N/A

N/A

Pensions

8.437

3.876

5.584

4.238

3.996

Other provisions

2.880

1.089

598

584

575

Provisions

11.317

4.965

6.182

4.822

4.571

Subord.loan cap. UDW

N/A

N/A

N/A

N/A

N/A

Subord.loan capital

N/A

N/A

N/A

N/A

N/A

Subord.loan capital

N/A

N/A

N/A

N/A

N/A

Lt.debt to creditins

N/A

N/A

N/A

N/A

N/A

Mortgage debt

N/A

10.217

N/A

N/A

N/A

Lt. bank debt

N/A

N/A

N/A

N/A

N/A

Lt. debt to group

14.699

19.458

17.878

10.328

N/A

Lt. debt to owner

N/A

N/A

N/A

N/A

N/A

Other long-term debt

0

39

133

128

N/A

Long-term liab.

14.699

19.497

18.011

10.456

0

Cur.liab.to creditin

N/A

10.217

N/A

N/A

N/A

Current bank debt

15.146

N/A

16.119

26.137

23.287

Cur.liab. to group

1.116

79

2.342

335

0

Cur.liab. to owner

N/A

N/A

N/A

N/A

N/A

Creditors

15.151

16.724

16.199

17.081

21.534

Company tax

4

3.576

2.264

418

1.373

Dividend

N/A

N/A

N/A

N/A

N/A

Dividends

N/A

0

N/A

0

0

Prepayment

4.402

2.557

2.810

4.577

3.024

On acc.work in progr

N/A

N/A

N/A

N/A

N/A

On acc.work prog. gr.

N/A

N/A

N/A

N/A

N/A

Other debt

15.727

17.342

16.135

12.142

13.811

Pre-paym/accrued inc

1.914

1.929

1.477

1.813

5.855

Oth.cur. liabilities

N/A

N/A

N/A

N/A

N/A

Short-term liab.

53.460

52.424

57.346

62.503

68.884

Balance

2013

2012

2011

2010

2009

Total liabilities

114.475

110.724

107.190

106.129

112.394

Property

2013

2012

2011

2010

2009

Off. ratable value

N/A

N/A

N/A

N/A

N/A

Assessment date

N/A

N/A

N/A

N/A

N/A

 

FOREIGN EXCHANGE RATES

 

N/a

 

ADDITIONAL INFORMATION

 

Property

Property

Not stated

 

Expanded Identification - company profile

Company name

Dantec Dynamics A/S

Phone-no.

44578000

Address

Tonsbakken 16

Fax

44578001

Postal code/city

2740 Skovlunde

Www

www.dantecdynamics.com

Municipality/County

Ballerup/Hovedstaden

E-mail

info@dantecdynamics.com

KOB-no.

101896

CVR-no.

15107588

Employees

54

 

 

Legal form

Limited company

Company status

Active

Established

1991

 

 

 

Activity (trade)

265100 Manufacture of instruments and appliances for meas

 

331300 Repair of electronic and optical equipment

 

466900 Wholesale of other machinery and equipment

Business names

Dantec Measurement Technology A/S

Former names

Dantec Measurement Technology A/S

 

KM 47 A/S

 

Advisors

Bankers

REG-no.: 2217

 

Nordea Bank Danmark A/S, Erhvervscenter København Vest

 

Hovedvejen 112, 2600 Glostrup

 

43 23 72 08

Auditor(s)

Grant Thornton, Statsautoriseret Revisionspartnerselskab - (25. Feburary 2012)

Historical data

Established

1991

Foundation date

1.0 May 1991

Date of registration

2.0 October 1991

Date Art. of assoc.

14.0 April 2010

Historical data

In 1992 Pr.01.01 the company took over some of the activities previously carried on by Dantec Elektronik Medicinsk & Videnskabeligt Måleu.

 

Auditor(s)

Ernst & Young Godkendt Revisionspartnerselskab - (23. March 2010 - 8. September 2010)

 

Deloitte Statsautoriseret Revisionsaktieselskab - (8. 2010 - 7. November 2011)

 

Deloitte Statsautoriseret Revisionspartnerselskab - (7. September November 2011 - 28. December 2011)

 

Grant Thornton, Statsautoriseret Revisionsaktieselskab - (28. December 2011 - 25. Feburary 2012)

 

 

NOTES & COMMENTS

 

Confidential and without responsibility

About the data

Rating, Commercial Delphi Score and Credit Limit are stated by us without responsibility on the basis of an assessment of the information available to us at the time of the enquiry. The RKI- register has only been checked in relation to the Commercial Delphi Score.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs. 63.57

UK Pound

1

Rs. 99.66

Euro

1

Rs. 70.92

 

INFORMATION DETAILS

 

Analysis Done by :

RSM

 

 

Report Prepared by :

DPT

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.