|
Report No. : |
343909 |
|
Report Date : |
03.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
ATLAS COPCO AIRPOWER NV |
|
|
|
|
Registered Office : |
Boomsesteenweg 957, 2610 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
21.06.1937 |
|
|
|
|
Com. Reg. No.: |
403992231 |
|
|
|
|
Legal Form : |
Public Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of Fluid Power Equipment. |
|
|
|
|
No. of Employees : |
2557 |
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 : |
Good |
|
|
|
|
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) |
|
Belgium |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BELGIUM - ECONOMIC
OVERVIEW
This modern, open, and private-enterprise-based economy has capitalized
on its central geographic location, highly developed transport network, and
diversified industrial and commercial base. Industry is concentrated mainly in
the more heavily-populated region of Flanders in the north. With few natural
resources, Belgium imports substantial quantities of raw materials and exports
a large volume of manufactures, making its economy vulnerable to shifts in
foreign demand, particularly in Belgium’s EU trade partners. Roughly
three-quarters of Belgium's trade is with other EU countries. In 2014 Belgian
GDP grew by 0.9%, the unemployment rate stabilized at 8.5%, and the the budget
deficit was 3.2% of GDP. Prime Minister Charles MICHEL’s center-right
government has pledged to further reduce the deficit in response to EU pressure
to reduce Belgium’s high public debt, which remains above 100% of GDP, but such
efforts could also dampen economic growth. In addition to restrained public
spending, low wage growth and high unemployment promise to curtail a more
robust recovery in private consumption. The government has pledged to pursue an
reform program to improve Belgium’s competitiveness, including changes to tax
policy, labor market rules, and welfare benefits. These changes risk worsening
tensions with trade unions and triggering extended strikes.
|
Source
: CIA |
|
Business number |
403992231 |
|
Branche Unit Number |
2005325441 |
|
Company name |
ATLAS COPCO AIRPOWER NV |
|
Address |
BOOMSESTEENWEG 957 |
|
|
2610 ANTWERPEN |
|
Number of staff |
2557 |
|
Date of establishment |
21/06/1937 |
|
Telephone number |
038702111 |
|
Fax number |
038702730 |
|
Company
name |
Company
Number |
|
ATLAS COPCO AB |
- |
The business was established over 78
years ago.
The business has 2557 employees.
The business is part of a group.
The business has been at the address
for over 32 years.
Pre-tax profits increased by 31%
compared to the previous trading period.
The business saw a decrease in their
Cash Balance of 61% during the latest
trading period.
Working Capital is a
negative amount during the latest trading
period.
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2014 |
1,507,585,980 |
429,914,634 |
3,475,892,857 |
-331,653,545 |
|
31/12/2013 |
1,547,910,187 |
327,961,211 |
3,127,936,865 |
441,511,337 |
|
31/12/2012 |
1,638,625,874 |
422,484,815 |
3,258,915,724 |
549,260,916 |
|
Accounts |
|
|
|
|
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2014 |
6,638,825,229 |
2,557 |
1,435,000,000 |
372,055,815 |
|
31/12/2013 |
5,923,016,211 |
2,622 |
1,435,000,000 |
295,595,481 |
|
31/12/2012 |
6,065,808,425 |
2,683 |
1,435,000,000 |
357,928,913 |
|
Past payments |
|
Payment expectation days |
61.49 |
|
Industry average payment expectation days |
71.02 |
Industry average day sales outstanding |
114.26 |
|
Day sales outstanding |
46.83 |
|
|
BANKRUPTCY DETAILS
|
Court action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of summons |
13/12/2004 |
|
Business number |
403992231 |
Company name |
ATLAS COPCO AIRPOWER NV |
|
Fax number |
038702730 |
Date founded |
21/06/1937 |
|
Company status |
active |
Company type |
Public Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2014 |
|
Activity code |
28120 |
Liable for VAT |
yes |
|
Activity description |
Manufacture of fluid Power equipment |
VAT Number |
BE.0403.992.231 Check VAT |
|
|
|
|
number |
|
Belgian Bullettin of Acts Publications |
moniteur belge |
|
|
Contractor Details
|
Registered contractor number |
- |
|
Contractor description |
- |
|
Date struck off register |
|
|
Personnel
(NSSO Classification) |
|
|
Code |
- |
|
Description |
- |
|
Joint
Industrial Committee (JIC) |
|
|
JIC Code |
111 |
|
Description category |
JC for the metal, machinery and
electrical construction |
|
|
|
|
JIC Code |
209 |
|
Description category |
Joint committee for the employees
off the metal industry |
|
|
|
|
Significant
Events |
|
|
Event Date |
10/06/2015 |
|
Event Description |
re-appointment of director(s) |
|
Event Details |
Commentaar 10-06-2015: Herbenoemd als
bestuurders voor de duur van drie
jaar : Ronnie Leten, |
|
|
Nico Delveaus, Alex Bongaerts en
Andrew Walker. |
ASSETS
|
Annual accounts |
31-12-2014 |
% |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
% |
31-12-2010 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
6,316,103,646 |
21.48 |
5,199,194,114 |
0.02 |
5,198,375,498 |
0.07 |
5,194,661,320 |
0.16 |
5,186,529,815 |
|
Intangible fixed assets |
39,513,006 |
-1.64 |
40,169,878 |
11.26 |
36,105,231 |
13.01 |
31,949,508 |
14.96 |
27,790,663 |
|
Tangible fixed assets |
38,445,850 |
2.73 |
37,424,236 |
-7.98 |
40,670,267 |
-1.07 |
41,109,637 |
10.70 |
37,136,977 |
|
Land & building |
20,539,058 |
2.45 |
20,048,834 |
-2.41 |
20,543,885 |
-5.81 |
21,810,550 |
-2.91 |
22,463,553 |
|
Plant & machinery |
12,546,056 |
-19.21 |
15,528,611 |
-17.63 |
18,851,983 |
2.36 |
18,417,405 |
30.67 |
14,094,165 |
|
Furniture & Vehicles |
818,928 |
-28.56 |
1,146,311 |
-10.05 |
1,274,400 |
44.54 |
881,682 |
52.21 |
579,259 |
|
Leasing & Other Similar Rights |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other tangible assets |
4,541,807 |
548 |
700,481 |
- |
0 |
- |
0 |
- |
0 |
|
Financialfixed assets |
6,238,144,790 |
21.80 |
5,121,600,000 |
0 |
5,121,600,000 |
0.00 |
5,121,602,175 |
0 |
5,121,602,175 |
|
Total current assets |
322,721,583 |
-55.41 |
723,822,097 |
-16.56 |
867,432,927 |
59.86 |
542,629,839 |
9.38 |
496,080,298 |
|
Inventories |
106,115,910 |
-5.85 |
112,714,541 |
-10.82 |
126,384,441 |
-4.49 |
132,323,333 |
36.48 |
96,955,696 |
|
Raw materials & consumables |
32,725,970 |
-2.28 |
33,488,155 |
-21.61 |
42,719,277 |
-13.16 |
49,192,378 |
54.67 |
31,805,462 |
|
Work in progress |
18,123,030 |
-14.41 |
21,175,163 |
-16.95 |
25,498,295 |
3.51 |
24,634,725 |
38.82 |
17,746,121 |
|
Finished goods |
55,266,909 |
-4.80 |
58,051,222 |
-0.20 |
58,166,868 |
-0.56 |
58,496,230 |
23.40 |
47,404,113 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
193,445,750 |
11.06 |
174,187,331 |
-16.88 |
209,572,433 |
19.39 |
175,535,588 |
18.30 |
148,376,002 |
|
Other amounts receivable |
15,623,005 |
-96.41 |
434,692,306 |
-17.86 |
529,179,032 |
127 |
232,405,737 |
-6.40 |
248,298,635 |
|
Cash |
103,509 |
-61.15 |
266,445 |
33.38 |
199,766 |
-38.90 |
326,950 |
6.72 |
306,351 |
|
Miscellaneous current assets |
7,433,410 |
278 |
1,961,473 |
-6.47 |
2,097,255 |
2.90 |
2,038,230 |
-4.92 |
2,143,613 |
|
Total Assets |
6,638,825,229 |
12.09 |
5,923,016,211 |
-2.35 |
6,065,808,425 |
5.73 |
5,737,291,158 |
0.96 |
5,682,610,113 |
LIABILITIES
|
Total shareholders equity |
3,515,405,863 |
10.96 |
3,168,106,743 |
-3.85 |
3,295,020,955 |
11.34 |
2,959,477,721 |
12.16 |
2,638,664,756 |
|
Issued share capital |
1,435,000,000 |
0 |
1,435,000,000 |
0 |
1,435,000,000 |
0 |
1,435,000,000 |
0 |
1,435,000,000 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
2,080,405,863 |
20.04 |
1,733,106,743 |
-6.82 |
1,860,020,955 |
22.01 |
1,524,477,721 |
26.65 |
1,203,664,756 |
|
Provisions for Liabilities & Charges |
83,044,238 |
-4.10 |
86,598,708 |
30.00 |
66,615,460 |
-8.99 |
73,198,236 |
-6.15 |
77,993,072 |
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
3,040,375,128 |
13.94 |
2,668,310,760 |
-1.33 |
2,704,172,011 |
-0.02 |
2,704,615,202 |
-8.81 |
2,965,952,285 |
|
Other long term
loans |
2,386,000,000 |
0 |
2,386,000,000 |
0 |
2,386,000,000 |
0 |
2,386,000,000 |
0 |
2,386,000,000 |
|
Long Term Group Loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term Liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
2,469,044,238 |
-0.14 |
2,472,598,708 |
0.81 |
2,452,615,460 |
-0.27 |
2,459,198,236 |
-0.19 |
2,463,993,072 |
|
Current Portion of Long Term Debts |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Financial debts |
325,000,000 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Trade creditors |
174,300,162 |
-3.34 |
180,314,839 |
3.67 |
173,926,036 |
-7.11 |
187,231,970 |
7.56 |
174,068,180 |
|
Amounts Payable for Taxes, Remuneration
& Social Security |
113,787,339 |
77.11 |
64,248,179 |
-46.38 |
119,828,786 |
23.52 |
97,009,506 |
24.94 |
77,647,347 |
|
Miscellaneous Current Liabilities |
41,287,627 |
9.38 |
37,747,741 |
54.59 |
24,417,189 |
-28.97 |
34,373,725 |
-89.53 |
328,236,758 |
|
Total current liabilities |
654,375,128 |
131 |
282,310,760 |
-11.27 |
318,172,011 |
-0.14 |
318,615,202 |
-45.06 |
579,952,285 |
|
Total Liabilities |
6,638,825,229 |
12.09 |
5,923,016,211 |
-2.35 |
6,065,808,425 |
5.73 |
5,737,291,158 |
0.96 |
5,682,610,113 |
RATIO ANALYSIS
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
28.52 |
34.59 |
21.19 |
-17.80 |
25.78 |
10.50 |
23.33 |
-3.71 |
24.23 |
|
Return on capital employed |
7.18 |
23.58 |
5.81 |
-20.95 |
7.35 |
9.38 |
6.72 |
6.33 |
6.32 |
|
Return on total assets employed |
6.48 |
16.97 |
5.54 |
-20.52 |
6.97 |
9.94 |
6.34 |
11.62 |
5.68 |
|
Return on net assets employed |
12.23 |
18.16 |
10.35 |
-19.27 |
12.82 |
4.23 |
12.30 |
0.57 |
12.23 |
|
Sales / net working capital |
-4.55 |
-229 |
3.51 |
17.79 |
2.98 |
-57.25 |
6.97 |
43.89 |
-15.88 |
|
Stock turnover ratio |
7.04 |
-3.30 |
7.28 |
-5.58 |
7.71 |
-9.08 |
8.48 |
16.48 |
7.28 |
|
Creditor days |
61.49 |
6.79 |
57.58 |
5.13 |
54.77 |
-9.83 |
60.74 |
-7.27 |
65.50 |
|
Debtor days |
46.83 |
14.02 |
41.07 |
-12.02 |
46.68 |
13.69 |
41.06 |
0.96 |
40.67 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
0.49 |
-80.86 |
2.56 |
-6.23 |
2.73 |
60.59 |
1.70 |
97.67 |
0.86 |
|
Liquidity ratio / acid
ratio |
0.33 |
-84.72 |
2.16 |
-7.30 |
2.33 |
80.62 |
1.29 |
86.96 |
0.69 |
|
Current debt ratio |
0.19 |
111 |
0.09 |
-10.0 |
0.10 |
-9.09 |
0.11 |
-50.0 |
0.22 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
372,055,815 |
25.87 |
295,595,481 |
-17.42 |
357,928,913 |
5.57 |
339,053,601 |
38.77 |
244,333,066 |
|
Net worth |
3,475,892,857 |
11.12 |
3,127,936,865 |
-4.02 |
3,258,915,724 |
11.32 |
2,927,528,213 |
12.13 |
2,610,874,093 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
77.12 |
2.40 |
75.31 |
4.00 |
72.41 |
-10.18 |
80.62 |
-10.84 |
90.42 |
|
Equity in percentage |
53.27 |
-1.08 |
53.85 |
-1.46 |
54.65 |
5.36 |
51.87 |
11.17 |
46.66 |
|
Total debt ratio |
0.89 |
2.30 |
0.87 |
3.57 |
0.84 |
-10.64 |
0.94 |
-18.26 |
1.15 |
|
Working capital |
-331,653,545 |
-175 |
441,511,337 |
-19.62 |
549,260,916 |
145 |
224,014,637 |
267 |
-83,871,987 |
PROFIT & LOSS
|
Operating Income |
1,554,490,186 |
-0.75 |
1,566,296,075 |
-5.85 |
1,663,532,428 |
4.85 |
1,586,646,304 |
17.14 |
1,354,440,383 |
|
Turnover |
1,507,585,980 |
-2.61 |
1,547,910,187 |
-5.54 |
1,638,625,874 |
5.01 |
1,560,413,117 |
17.19 |
1,331,494,316 |
|
Total operating expenses |
1,034,670,132 |
-9.47 |
1,142,935,706 |
-1.39 |
1,159,019,987 |
3.01 |
1,125,121,940 |
16.00 |
969,924,776 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
1,081,574,338 |
-6.87 |
1,161,321,593 |
-1.91 |
1,183,926,541 |
2.83 |
1,151,355,126 |
15.96 |
992,870,843 |
|
Employee costs |
187,183,277 |
-5.30 |
197,661,063 |
-0.41 |
198,475,532 |
4.75 |
189,473,482 |
12.43 |
168,528,788 |
|
Wages and salary |
113,062,464 |
-6.73 |
121,224,779 |
0.93 |
120,102,235 |
5.86 |
113,455,216 |
10.82 |
102,381,067 |
|
Employee pension costs |
4,897,668 |
-8.10 |
5,329,170 |
-4.80 |
5,598,118 |
-8.63 |
6,126,902 |
-5.26 |
6,466,802 |
|
Social security contributions |
49,652,330 |
-1.93 |
50,630,912 |
-0.10 |
50,682,545 |
4.10 |
48,688,268 |
16.60 |
41,754,907 |
|
Other employee costs |
19,570,814 |
-4.42 |
20,476,203 |
-7.32 |
22,092,634 |
4.20 |
21,203,096 |
18.28 |
17,926,012 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and depreciation |
24,756,694 |
9.98 |
22,509,693 |
0.55 |
22,385,678 |
22.72 |
18,240,637 |
-18.29 |
22,324,906 |
|
Operating result |
472,915,848 |
16.78 |
404,974,481 |
-15.56 |
479,605,887 |
10.18 |
435,291,177 |
20.39 |
361,569,540 |
|
Total Financial Income |
11,537,067 |
224 |
3,555,685 |
-69.47 |
11,644,659 |
81.27 |
6,423,868 |
-77.66 |
28,760,782 |
|
Total financial expenses |
54,538,281 |
-32.31 |
80,568,955 |
17.16 |
68,765,732 |
-11.49 |
77,694,083 |
14.83 |
67,658,881 |
|
Results on ordinary operations before taxation |
429,914,634 |
31.09 |
327,961,211 |
-22.37 |
422,484,815 |
16.06 |
364,020,962 |
12.81 |
322,671,440 |
|
Extraordinary Income |
6,500 |
-99 |
3,059,500 |
- |
- |
- |
332,051 |
-95.71 |
7,736,192 |
|
Extraordinary Charges |
232,838 |
- |
- |
- |
138,007 |
- |
- |
- |
66,036 |
|
Extraordinary items |
-226,338 |
-107 |
3,059,500 |
2216 |
-138,007 |
-141 |
332,051 |
-95.67 |
7,670,156 |
|
Results for the Year Before Taxation |
429,688,296 |
29.81 |
331,020,711 |
-21.62 |
422,346,808 |
15.92 |
364,353,013 |
10.30 |
330,341,597 |
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
82,389,175 |
42.21 |
57,934,923 |
-33.26 |
86,803,574 |
99 |
43,540,048 |
-59.81 |
108,333,436 |
|
Results on ordinary operations after taxation |
347,525,458 |
28.70 |
270,026,288 |
-19.56 |
335,681,241 |
4.74 |
320,480,914 |
49.52 |
214,338,004 |
|
Net result |
347,299,121 |
27.18 |
273,085,788 |
-18.61 |
335,543,234 |
4.59 |
320,812,965 |
44.51 |
222,008,160 |
|
Profit (Loss) for the Year to be appropiated |
347,299,121 |
27.18 |
273,085,788 |
-18.61 |
335,543,234 |
4.59 |
320,812,965 |
44.51 |
222,008,160 |
|
Dividends |
- |
- |
400,000,000 |
- |
- |
- |
- |
- |
300,000,000 |
|
Social
Balance Sheet Details |
|
|
Social
Balance Sheet |
Total |
|
During
the reporting year ended 31-12-2014 |
|
|
Full-time Employees |
2,305 |
|
Part-time Employees |
353 |
|
Total Fte Employees |
2,571 |
|
Number
of hours worked |
|
|
Full-time Employees |
3,428,710 |
|
Part-time Employees |
379,370 |
|
Total |
3,808,080 |
|
Personnel
Charges |
|
|
Full-time Employees |
165,223,252 |
|
Part-time Employees |
17,062,357 |
|
Total |
182,285,608 |
|
Benefits In Addition To Wages |
3,595,917 |
|
|
|
|
During the previous reporting year Average number employees in Fte |
2,619 |
|
Actual working hours |
3,896,402 |
|
Personnel Charges |
192,331,893 |
|
|
3,677,602 |
|
Benefits In Addition To Wages |
|
|
Type
of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration Contracts |
2,192 |
353 |
2,460 |
|
Limited Duration Contracts |
98 |
- |
98 |
|
Contracts For Specific Work |
- |
- |
- |
|
Contracts Regarding Substitution |
- |
- |
- |
Gender and Education
Level
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
17 |
5 |
21 |
|
Secondairy education |
1,239 |
213 |
1,404 |
|
Higher education (non university) |
476 |
27 |
496 |
|
Higher education (university) |
317 |
4 |
319 |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
1 |
- |
1 |
|
Secondairy education |
75 |
42 |
105 |
|
Higher education (non university) |
71 |
40 |
101 |
|
Higher education (university) |
94 |
22 |
111 |
|
Working
Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
10 |
- |
10 |
|
White collar worker |
1,131 |
135 |
1,232 |
|
Blue collar worker |
1,149 |
218 |
1,316 |
|
Other |
- |
- |
- |
|
|
|
|
|
|
Temporary
personnel |
|
Total |
|
|
Average number of temporary staff |
|
50 |
|
|
Actual working hours |
|
98,331 |
|
|
Cost of temporary staff |
|
1,975,629 |
|
|
|
|
|
|
|
New
staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
186 |
- |
186 |
|
Leavers |
219 |
31 |
243 |
|
Total
of formal continuing vocational training initiatives |
|
|
|
for
workers paid by the employer |
Male |
Female |
|
Number of employees |
2,035 |
301 |
|
Number of training hours |
41,952 |
8,276 |
|
Net costs for enterprise |
7,513,051 |
1,111,735 |
|
Total
of less formal and informal continuing
vocational |
|
|
|
training
initiatives for workers paid by the
employer |
Male |
Female |
|
Number of employees |
199 |
21 |
|
Number of training hours |
21,537 |
737 |
|
Net costs for enterprise |
919,718 |
31,483 |
|
Total
of initial training initiatives at the
expense of the |
|
|
|
employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
|
Activity code |
28120 |
|
Activity description |
Manufacture of fluid power equipment |
|
industry average credit rating |
69.90 |
|
Industry average credit limit |
250487.07 |
|
Suspension of payments / moratorium
history |
|
|
Amount |
- |
|
Details |
- |
|
Payment
Information Summary |
|
|
Total number of Invoices available |
1621 |
|
Total number of Invoices paid
within or up to 30 days after
the due date |
1056 |
|
Total number of Invoices paid more
than 30 days after the due date |
401 |
|
Total number of Invoices currently
outstanding where the due date has
not yet been reached |
65 |
|
Total number of Invoices currently
outstanding beyond the due date |
99 |
Payment expectations
|
Payment expectation days |
61.49 |
|
Day sales outstanding |
46.83 |
|
Industry
comparison |
|
|
Activity code |
28120 |
|
Activity description |
Manufacture of fluid power equipment |
|
Industry average payment expectation days |
71.02 |
|
Industry average day sales outstanding |
114.26 |
INDUSTRY QUARTILE ANALYSIS
PAYMENT EXPECTATIONS
|
Company result |
61.49 |
|
Lower |
115.55 |
|
Median |
88.07 |
|
Upper |
71.11 |
|
Day
sales outstanding |
|
|
Company result |
46.83 |
|
Lower |
90.49 |
|
Median |
57.22 |
|
Upper |
33.77 |
|
Summary |
|
|
Group - Number of Companies |
6 |
|
Linkages - Number of Companies |
212 |
|
Number of Countries |
49 |
|
Group
Structure |
|
Company
name |
Number |
Latest financials |
|
- ATLAS COPCO AB |
|
|
|
- - ATLAS COPCO AIRPOWER
NV |
403992231 |
31-12-2014 |
|
- - - ATLAS COPCO
FINANCE EUROPE NV |
439928751 |
31-12-2014 |
|
- - - EDWARDS LIMITED
SOC.ETR. E.P.B. |
|
|
|
- - ATLAS COPCO FINANCE BELGIUM
BVBA |
821054421 |
31-12-2014 |
|
- - EDMAC EUROPE NV |
417686156 |
31-12-2014 |
Minority
Shareholders
No minority shareholders found
Minority
Interests
No minority interests found
|
Summary |
|
|
Group - Number of Companies |
6 |
|
Linkages - Number of Companies |
212 |
|
Number of Countries |
49 |
Linked Companies
|
NAME |
NUMBER |
LATEST KEY
FINANCIALS |
TURNOVER |
|
ATLAS COPCO UK HOLDINGS LIMITED |
01194804 |
31.12.2014 |
£1.121.000 |
|
ATLAS COPCO AKTIEBOLAG |
5560142720 |
31.12.2014 |
- |
|
EDWARDS HIGH VACUUM |
01148654 |
31.12.2013 |
£66.686.000 |
|
INTERNATIONAL LIMITED |
|
|
|
|
ATLAS COPCO FRANCE HOLDING |
678200569 |
31.12.2014 |
€5.013.856 |
|
ATLAS COPCO HOLDING GMBH |
HRB 7550 |
31.12.2013 |
€855.301.846 |
|
ATLAS COPCO LIMITED |
00159809 |
31.12.2014 |
£182.699.000 |
|
ATLAS COPCO ROCK DRILLS |
5560779018 |
31.12.2014 |
7.961.808 |
|
AKTIEBOLAG |
|
|
KSEK |
|
ATLAS COPCO AS |
910324381 |
31.12.2014 |
- |
|
ATLAS COPCO DYNAPAC AB |
5566550413 |
31.12.2013 |
- |
|
DYNAPAC AB |
5566550421 |
31.12.2014 |
- |
|
ATLAS COPCO LUGNET TREASURY |
5562779537 |
31.12.2014 |
- |
|
AKTIEBOLAG |
|
|
|
|
ATLAS COPCO ANLEGG- OG |
954582736 |
31.12.2013 |
611.985 |
|
|
|
|
KNOK |
|
ATLAS COPCO BEHEER B.V. |
23048106 |
31.12.2014 |
- |
|
CONSTRUCTION TOOLS PC AB |
5560697228 |
31.12.2014 |
387.393 |
|
|
|
|
KSEK |
|
EDWARDS VACUUM LIMITED |
01175680 |
31.12.2013 |
- |
|
ATLAS COPCO SECOROC |
5560019019 |
31.12.2014 |
2.494.746 |
|
AKTIEBOLAG |
|
|
KSEK |
|
ATLAS COPCO KOMPRESSORTEKNIKK |
854581112 |
31.12.2014 |
246.955 |
|
AS |
|
|
KNOK |
|
CONSTRUCTION TOOLS GMBH |
HRB 11704 |
31.12.2012 |
€61.686.111 |
|
ATLAS COPCO CREPELLE |
458501483 |
31.12.2014 |
€28.093.819 |
|
ATLAS COPCO COMPRESSEURS |
348582834 |
31.12.2014 |
€96.526.065 |
|
Legal event type |
Social Security Summons |
|
|
|
Event date |
13/12/2004 |
|
|
|
Court type |
|
Court name |
Antwerpen |
|
Creditor's name |
|
3rd party type |
|
|
Legal event type |
Social Security Summons |
|
|
|
Event date |
08/11/2004 |
|
|
|
Court type |
|
Court name |
Antwerpen |
|
Creditor's name |
|
3rd party type |
|
|
Legal event type |
Social Security Summons |
|
|
|
Event date |
28/06/2004 |
|
|
|
Court type |
|
Court name |
Antwerpen |
|
Creditor's name |
|
3rd party type |
|
|
Legal event type |
Social Security Summons |
|
|
|
Event date |
11/09/2000 |
|
|
|
Court type |
|
Court name |
|
|
Creditor's name |
|
3rd party type |
|
Protested
Bills
There is no data for this company
Bankruptcy
and other legal events
There is no data for this company
Current director details
|
Position |
Chairman of the Board |
|
Start Date |
15/07/2015 |
|
Street |
26 BELLEKENSSTRAAT MOL |
|
Post code |
2400 |
|
Country |
Belgium |
|
Name |
RONNIE LETEN |
|
Position |
Director |
|
Start Date |
18/08/2010 |
|
Street |
26 BELLEKENSSTRAAT MOL |
|
Post code |
2400 |
|
Country |
Belgium |
|
Name |
ANDREW WALKER |
|
Position |
Director |
|
Start Date |
22/06/2015 |
|
Street |
22 GODEFRIDUSKAAI ANTWERPEN |
|
Post code |
2000 |
|
Country |
Belgium |
|
Name |
ALEX JAN CHRISTIAAN BONGAERTS |
|
Position |
Director |
|
Start Date |
12/06/2002 |
|
Street |
17 FUCHSIALAAN KAPELLEN |
|
Post code |
2950 |
|
Country |
Belgium |
|
Current
mandates in other companies |
|
|
Name |
Belgian Indusctrial R&B Board ASBL |
|
Business number |
534715765 |
|
Position |
Director |
|
Start Date |
27/03/2013 |
|
Former director details |
|
|
Name |
STEPHAN KUNH |
|
Position |
Director |
|
Start Date |
23/06/2012 |
|
End Date |
31/12/2012 |
|
Street |
1 COCKERILLKAAI ANTWERPEN |
|
Post code |
2000 |
|
Country |
Belgium |
|
Name |
PAUL-EMMANUEL JANSSEN |
|
Position |
Chairman of the Board |
|
Start Date |
26/02/2004 |
|
End Date |
Unknown date |
|
Street |
79 RUE GASTON BARY TERHULPEN |
|
Post code |
1310 |
|
Country |
Belgium |
|
Name |
BENGT KVARNBACK |
|
Position |
Chairman of the Board |
|
Start Date |
12/06/2002 |
|
End Date |
30/06/2006 |
|
Street |
39 EENDEKKERLAAN BRUSSEL |
|
Post code |
1150 |
|
Country |
Belgium |
|
Position |
Managing Director |
|
Start Date |
12/06/2002 |
|
End Date |
Unknown date |
|
Street |
39 EENDEKKERLAAN BRUSSEL |
|
Post code |
1150 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
09/07/2004 |
|
End Date |
30/06/2006 |
|
Street |
39 EENDEKKERLAAN BRUSSEL |
|
Post code |
1150 |
|
Country |
Belgium |
|
Name |
PHILIPPE SAVERYS |
|
Position |
Director |
|
Start Date |
08/01/1997 |
|
End Date |
Unknown date |
|
Street |
22 CAUWERBURG TEMSE |
|
Post code |
9140 |
|
Country |
Belgium |
|
Name |
CHRISTOPHE VELGE |
|
Position |
Director |
|
Start Date |
08/01/1997 |
|
End Date |
Unknown date |
|
Date of birth |
03/06/1963 |
|
Street |
35 EENBEEKSTRAAT DESTELBERGEN |
|
Post code |
9070 |
|
Country |
Belgium |
|
Name |
FILIP ANTOON JOHAN VANDENBERGHE |
|
Position |
Managing Director |
|
Start Date |
14/09/2001 |
|
End Date |
Unknown date |
|
Street |
|
|
Post code |
|
|
Country |
India |
|
Name |
HANS OLA MEYER |
|
Position |
Director |
|
Start Date |
12/06/2002 |
|
End Date |
27/02/2012 |
|
Street |
|
|
Post code |
|
|
Country |
Sweden |
|
Name |
FREDRIK NIJDAM |
|
Position |
Director |
|
Start Date |
08/01/1997 |
|
End Date |
Unknown date |
|
Street |
VIKVAGEN |
|
Post code |
13335 |
|
Country |
Switzerland |
|
Former
mandates in other companies |
|
|
Name |
Regionaal Technologisch Centrum Antwerpen VZW |
|
Business number |
873514296 |
|
Position |
Director |
|
Start Date |
09/04/2008 |
|
End Date |
24/11/2014 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.55 |
|
|
1 |
Rs.99.17 |
|
Euro |
1 |
Rs.73.08 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIT |
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.