MIRA INFORM REPORT
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Report No. : |
343993 |
|
Report Date : |
06.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
VERSTEGEN-GRIJPERS
B.V. |
|
|
|
|
Registered Office : |
Marconibaan 20, 3439MS Nieuwegein |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
19.09.1978 |
|
|
|
|
Com. Reg. No.: |
KvK-nummer: 30058414 |
|
|
|
|
Legal Form : |
Besloten Vennootschap |
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|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
5 |
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 |
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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.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Netherlands |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
NETHERLANDS - ECONOMIC OVERVIEW
The Netherlands, the sixth-largest economy in the European Union, plays an important role as a European transportation hub, with a persistently high trade surplus, stable industrial relations, and moderate unemployment. 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 underpins the country’s status as the world’s second largest agricultural exporter. The Netherlands is part of the Eurozone, and as such, its monetary policy is controlled by the European Central Bank. The Dutch financial sector is highly concentrated, with four commercial banks possessing over 90% of banking assets. The sector suffered as a result of the global financial crisis and required billions of dollars of government support, but the European Banking Authority completed stringent reviews in 2014 and deemed Dutch banks to be well-capitalized. To address the 2009 and 2010 economic downturns, the government 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 has since implemented significant austerity measures to improve public finances and has instituted broad structural reforms in key policy areas, including the labor market, the housing sector, the energy market, and the pension system. As a result, the government budget deficit at the end of 2014 dropped to 1.8% of GDP. Following a protracted recession during which unemployment doubled to 7.4% and household consumption contracted for nearly three consecutive years, the year 2014 saw fragile GDP growth of 0.8 percent and a rise in most economic indicators. Drivers of growth included increased exports and business investments, as well as newly invigorated household consumption.
|
Source
: CIA |
Company
name
VERSTEGEN-GRIJPERS
B.V.
Summary
|
|
|
Company name |
Verstegen-Grijpers B.V. |
|
Operative address |
Marconibaan 20 |
|
|
3439MS Nieuwegein |
|
|
Netherlands |
|
|
|
|
Legal form |
Besloten Vennootschap |
|
Registration number |
KvK-nummer: 30058414 |
|
VAT-number |
004322162 |
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
29.453 |
-28,40 |
41.137 |
-33,08 |
61.475 |
|
|
|
|
|
|
|
|
Total receivables |
1.447.334 |
-2,31 |
1.481.543 |
27,37 |
1.163.195 |
|
|
|
|
|
|
|
|
Total equity |
18.151 |
|
18.151 |
|
18.151 |
|
Short term
liabilities |
1.562.108 |
0,78 |
1.549.957 |
-26,22 |
2.100.855 |
|
|
|
|
|
|
|
|
Working capital |
-11.302 |
50,83 |
-22.986 |
46,94 |
-43.324 |
|
|
|
|
|
|
|
|
Quick ratio |
0,99 |
|
0,99 |
1,02 |
0,98 |
Contact
information
|
Company name |
Verstegen-Grijpers B.V. |
|
Trade names |
Verstegen-Grijpers B.V. |
|
|
|
|
Operative address |
Marconibaan 20 |
|
|
3439MS Nieuwegein |
|
|
Netherlands |
|
Correspondence address |
Postbus 1014 |
|
|
3430BA Nieuwegein |
|
|
Netherlands |
|
Telephone number |
0306062222 |
|
Fax number |
0306060657 |
|
Email address |
info@verstegen.net |
|
Website |
www.verstegen.net |
Registration
|
Registration number |
KvK-nummer: 30058414 |
|
Branch number |
000018284604 |
|
VAT-number |
004322162 |
|
Status |
Active |
|
First registration company register |
1978-09-19 |
|
Memorandum |
1978-09-19 |
|
Establishment date |
1978-09-19 |
|
Legal form |
Besloten Vennootschap |
|
Last proposed admendment |
2015-03-27 |
|
Issued placed capital |
EUR 18.000 |
|
Paid up share capital |
EUR 18.000 |
Activities
|
SBI |
4662: Wholesale of machine-tools |
|
|
4663: Wholesale of construction machinery (building equipment) |
|
Exporter |
Yes |
|
Importer |
No |
|
Branche organisations |
NIL - Nederlands Instituut voor Lastechniek |
|
Goal |
De (groot)handel in machines, kranen, grijpers, constructiewerken, bulldozers,
draglines en |
|
|
ander rollend materieel en onderdelen van een en ander en het
verrrichten van alle daarmee |
Relations
|
Shareholders |
G.J. Verstegen Nieuwegein Holding B.V. |
|
|
Marconibaan 20 3439MS NIEUWEGEIN Netherlands Registration number: 30080516 Percentage: 100% |
|
|
|
|
Companies on same address |
G.J. Verstegen Nieuwegein Holding B.V. Registration number: 30080516 Verstegen Vreeswijk B.V. Registration number: 30022959 Visser GTG B.V. Registration number: 55240402 |
Management
|
Active management |
F.J.M. Visser Holding B.V. Kantmos 67 3994KH HOUTEN Netherlands Registration number: 30120200 Competence: Fully authorized Function: Manager Starting date: 2000-01-01 P.J.W. Visser Holding B.V. Ankermonde 23 3434GA NIEUWEGEIN Netherlands Registration number: 30169906 Competence: Fully authorized Function: Manager Starting date: 2008-02-01 |
Employees
|
Total according
to the Chamber of Commerce |
5 |
|
|
|
|
|
Year |
2015 |
2013 |
2012 |
2011 |
2010 |
|
Total |
5 |
8 |
8 |
8 |
7 |
Key
figures
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Quick ratio |
0,99 |
0,99 |
0,98 |
0,98 |
0,96 |
|
Current ratio |
0,99 |
0,99 |
0,98 |
0,98 |
0,96 |
|
Working capital/
balance total |
-0,01 |
-0,01 |
-0,02 |
-0,02 |
-0,04 |
|
Equity /
balance total |
0,01 |
0,01 |
0,01 |
0,02 |
0,02 |
|
Equity /
Fixed assets |
0,62 |
0,44 |
0,30 |
0,45 |
0,31 |
|
Equity /
liabilities |
0,01 |
0,01 |
0,01 |
0,02 |
0,02 |
|
Balance total
/ liabilities |
1,01 |
1,01 |
1,01 |
1,02 |
1,02 |
|
Working capital |
-11.302 |
-22.986 |
-43.324 |
-22.045 |
-40.592 |
|
Equity |
18.151 |
18.151 |
18.151 |
18.151 |
18.151 |
|
Mutation short
term liabilities |
0,78 |
-26,22 |
112,04 |
-11,36 |
-54,39 |
Summary
The 2013 financial result structure is a negative working captial of
-11.302 euro, which is in
agreement with -1 % of the total assets of the company.
The working capital has increased with 50.83 % compared to previous
year. The ratio with respect to the total assets of the company remains
unchanged.
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 0.99. When the current
ratio is below 1.5, the company may have problems meeting its short-term
obligations.
The quick ratio in 2013 of the company was 0.99. A company with a Quick
Ratio of less than 1 cannot currently pay back its current liabilities.
The 2012 financial result structure is a negative working captial of
-22.986 euro, which is in agreement with -1 % of the total assets of the
company.
The working capital has increased with 46.94 % 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 0.99. When the current
ratio is below 1.5, the company may have problems meeting its short-term
obligations.
The quick ratio in 2012 of the company was 0.99. 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 company is obliged to file its financial statements. |
|
Type of annual account |
Corporate |
|
Annual account |
Verstegen-Grijpers B.V. Marconibaan 20 3439MS Nieuwegein Netherlands Registration number: 30058414 |
Balance
|
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 |
29.453 |
41.137 |
61.475 |
40.196 |
58.743 |
|
Fixed assets |
29.453 |
41.137 |
61.475 |
40.196 |
58.743 |
|
Total receivables |
1.447.334 |
1.481.543 |
1.163.195 |
968.591 |
1.064.009 |
|
Liquid funds |
103.472 |
45.428 |
894.336 |
164 |
13.179 |
|
Current assets |
1.550.806 |
1.526.971 |
2.057.531 |
968.755 |
1.077.188 |
|
Total assets |
1.580.259 |
1.568.108 |
2.119.006 |
1.008.951 |
1.135.931 |
|
Issued capital |
15.882 |
15.882 |
15.882 |
15.882 |
15.882 |
|
Legal and
statutory reserve |
2.269 |
2.269 |
2.269 |
2.269 |
2.269 |
|
Total reserves |
2.269 |
2.269 |
2.269 |
2.269 |
2.269 |
|
Total equity |
18.151 |
18.151 |
18.151 |
18.151 |
18.151 |
|
Short term
liabilities |
1.562.108 |
1.549.957 |
2.100.855 |
990.800 |
1.117.780 |
|
Total short
and long term
liabilities |
1.562.108 |
1.549.957 |
2.100.855 |
990.800 |
1.117.780 |
|
Total liabilities |
1.580.259 |
1.568.108 |
2.119.006 |
1.008.951 |
1.135.931 |
Summary
The total assets remained the same between 2012 and 2013.
Despite the fact that the total assets remained the same, the fixed
assets decreased with -28.4 %.
The fact that the assets have remained the same during the previous
year, can be explained by both an unchanged Net Worth as well as the total
indebtedness.
In 2013 the assets of the company were 1.86 % composed of fixed assets
and 98.14 % by current assets. The assets are being financed by an equity of
1.15 %, and total debt of 98.85 %.
The total assets of the company decreased with -26 % between 2011 and
2012. This downturn is mainly retrievable in the fixed asset decrease of -33.08
%. Assets reduction is being explained by an indebtedness decrease -26.22 %
while the Net Worth remains unchanged.
In 2012 the assets of the company were 2.62 % composed of fixed assets
and 97.38 % by current assets. The assets are being financed by an equity of
1.16 %, and total debt of 98.84 %.
Analysis
|
Branch (SBI) |
Wholesale trade (no motor vehicles and motorcycles) (SBI code 46) |
|
Region |
Westelijk Utrecht |
|
Summary |
In the Netherlands 109662 of the companies are registered with the SBI
code 46 In the region Westelijk Utrecht 4157 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 Westelijk Utrecht 88 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 Westelijk Utrecht is
normal |
Publications
|
Deposits |
25-03-2015: De jaarrekening over 2013 is gepubliceerd. 01-07-2014: De jaarrekening over 2012 is
gepubliceerd. 23-05-2012: De jaarrekening over 2011 is gepubliceerd.
19-09-2011: De jaarrekening over 2010 is
gepubliceerd. 02-12-2010: De jaarrekening over 2009 is
gepubliceerd. |
|
|
|
|
Amendments |
07-04-2015: Geplaatst kapitaal gewijzigd in EUR 18.000,00 Gestort
kapitaal gewijzigd in EUR 18.000,00. 31-03-2015: Per 27-3-2015 is de bevoegdheid van Bestuurder 30169906
P.J.W. Visser Holding B.V. gewijzigd. 31-03-2015: Per 27-3-2015 statuten gewijzigd. |
Company
structure
|
Relations |
4 |
|
Company |
Registration |
|
|
number |
|
G.J. Verstegen Nieuwegein
Holding B.V. (NIEUWEGEIN) |
30080516 |
|
| - -
Visser GTG B.V.
(NIEUWEGEIN) |
55240402 |
|
| - -
Verstegen-Grijpers B.V. (Nieuwegein) |
30058414 |
|
| - -
Verstegen Vreeswijk B.V.
(NIEUWEGEIN) |
30022959 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.29 |
|
|
1 |
Rs.99.31 |
|
Euro |
1 |
Rs.54.39 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
ASH |
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.