MIRA INFORM REPORT
|
Report No. : |
347094 |
|
Report Date : |
28.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
HAAS-MONDOMIX B.V. |
|
|
|
|
Registered Office : |
Damsluisweg 41, 1332EA Almere |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
19.03.2002 |
|
|
|
|
Com. Reg. No.: |
32090739 |
|
|
|
|
Legal Form : |
Besloten Vennootschap |
|
|
|
|
Line of Business : |
Manufacture of machinery for food, beverage and tobacco processing |
|
|
|
|
No. of Employees : |
67 |
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 |
|
Maximum Credit Limit : |
EUR 150.000 |
|
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 – 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 |
|
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 |
Summary
|
Company name |
Haas-Mondomix B.V. |
|
Operative address |
Damsluisweg 41 |
|
|
1332EA Almere |
|
|
Netherlands |
|
|
|
|
Credit limit |
EUR 150.000 |
|
Status |
Active |
|
|
|
|
Legal form |
Besloten Vennootschap |
|
Registration number |
KvK-nummer: 32090739 |
|
VAT-number |
810516901 |
|
Year |
2014 |
Mutation |
2013 |
Mutation |
2012 |
|||||||||||
|
Fixed
assets |
2.087.645 |
-6,67 |
2.236.930 |
-10,71 |
2.505.182 |
|||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
Total
receivables |
12.358.019 |
91,78 |
6.443.784 |
8,49 |
5.939.467 |
|||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
Total
equity |
995.711 |
-49,51 |
1.972.190 |
-41,51 |
3.371.818 |
|||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
Short term
liabilities |
14.614.895 |
91,71 |
7.623.274 |
25,64 |
6.067.346 |
|||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
Net result |
-974.159 |
20,75 |
-1.229.225 |
-284,67 |
665.638 |
|||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
Working
capital |
-869.090 |
-1.045,06 |
-75.899 |
-107,17 |
1.058.96 |
|||||||||||
|
Quick
ratio |
0,85 |
|
0,85 |
-14,14 |
0,99 |
|||||||||||
|
|||
|
|
|
||
|
Company name |
Haas-Mondomix B.V. |
||
|
Trade names |
Haas-Mondomix B.V. |
||
|
Operative address |
Damsluisweg 41 |
||
|
|
1332EA Almere |
||
|
|
Netherlands |
||
|
Correspondence address |
Postbus 30226 |
||
|
|
1303AE Almere |
||
|
|
Netherlands |
||
|
Telephone number |
0365210999 |
||
|
Fax number |
0365210900 |
||
|
Email address |
info@mondomix.nl |
||
|
Website |
www.mondomix.nl |
||
|
|
|
||
Registration
|
|||
|
|
|
||
|
Registration number |
KvK-nummer: 32090739 |
||
|
Branch number |
000018669263 |
||
|
VAT-number |
810516901 |
||
|
Status |
Active |
||
|
First registration company register |
2002-04-08 |
||
|
Memorandum |
2002-04-05 |
||
|
Establishment date |
2002-03-19 |
||
|
Legal form |
Besloten Vennootschap |
||
|
Legal person since |
2002-04-05 |
||
|
Last proposed admendment |
2015-02-13 |
||
|
Issued placed capital |
EUR 500.000 |
||
|
Paid up share capital |
EUR 500.000 |
||
|
|
|
||
Activities
|
|||
|
|
|
||
|
SBI |
2893: Manufacture of machinery for food, beverage and tobacco
processing |
||
|
Exporter |
Yes |
||
|
Importer |
Yes |
||
|
Goal |
Het vervaardigen en samenstellen van, alsmede het handelen in
apparaten, machines en |
||
|
|
onderdelen daarvan |
||
Relations
|
Shareholders |
Haas Food Equipment GmbH |
|
|
Gerstlgasse 25 |
|
|
1210 Wien |
|
|
Austria |
|
|
Percentage: 100% |
|
Shareholders |
Naam: Haas Food Equipment GmbH |
|
|
Bezoekadres: Gerstlgasse 25, 1210 Wien, Oostenrijk |
|
|
Ingeschreven in: Firmenbuch Wenen, Oostenrijk onder nummer FN 229309 |
|
|
Enig aandeelhouder sedert: 03-09-2008 |
Bank
details
|
||
|
|
|
|
|
Accounts |
ING
Bank NV |
|
|
|
Account
number: NL45INGB0671410997 |
|
|
|
BIC:
INGBNL2A |
|
|
|
|
|
Management
|
||
|
|
|
|
|
Active
management |
O. Vink
Otto |
|
|
|
Netherlands |
|
|
|
Competence: Fully authorized |
|
|
|
Function:
Manager |
|
|
|
Starting
date: 2015-10-01 |
|
|
|
Date of
birth: 1960-02-07, 's-Gravenhage, NL |
|
|
|
C.A.
van Riemsdijk Caspar Arnoud |
|
|
|
Netherlands |
|
|
|
Competence:
Limited authorization |
|
|
|
Function: Proxy |
|
|
|
Starting
date: 2010-08-01 |
|
|
|
Date of
birth: 1962-10-25, Nijmegen, NL |
|
|
|
J.N.
Eveleens Johannes Nicolaas |
|
|
|
Netherlands |
|
|
|
Competence: Fully authorized |
|
|
|
Function:
Proxy |
|
|
|
Starting
date: 2013-07-30 |
|
|
|
Date of birth: 1961-11-20, Haarlemmermeer, NL |
|
Employees
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
according to the Chamber of Commerce |
67 |
|
|
|
|
|
|
|
|
|
|
|
|
Year |
2015 |
2014 |
2013 |
2012 |
2011 |
|
Total |
67 |
84 |
84 |
69 |
69 |
Key
figures
|
|||||
|
|
|
|
|
|
|
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Quick ratio |
0,85 |
0,85 |
0,99 |
0,79 |
1,08 |
|
|
|
|
|
|
|
|
Current ratio |
0,94 |
0,99 |
1,17 |
1,23 |
1,40 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Working capital/ balance total |
-0,05 |
-0,01 |
0,11 |
0,13 |
0,22 |
|
|
|
|
|
|
|
|
Equity / balance total |
0,06 |
0,20 |
0,35 |
0,41 |
0,44 |
|
|
|
|
|
|
|
|
Equity / Fixed assets |
0,48 |
0,88 |
1,35 |
1,25 |
1,81 |
|
|
|
|
|
|
|
|
Equity / liabilities |
0,07 |
0,25 |
0,54 |
0,68 |
0,80 |
|
|
|
|
|
|
|
|
Balance total / liabilities |
1,07 |
1,25 |
1,54 |
1,68 |
1,80 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Working capital |
-869.090 |
-75.899 |
1.058.296 |
968.925 |
1.809.667 |
|
|
|
|
|
|
|
|
Equity |
995.711 |
1.972.190 |
3.371.818 |
3.076.184 |
3.724.040 |
|
|
|
|
|
|
|
|
Mutation equity |
-49,51 |
-41,51 |
9,61 |
-17,40 |
-4,06 |
|
|
|
|
|
|
|
|
Mutation short term liabilities |
91,71 |
25,64 |
45,74 |
-7,68 |
3,78 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Return on total assets (ROA) |
-9,04 |
-16,37 |
8,32 |
-2,20 |
-8,06 |
|
|
|
|
|
|
|
|
Return on equity (ROE) |
-143,80 |
-81,23 |
23,77 |
-5,42 |
-18,13 |
|
|
|
|
|
|
|
|
Gross profit margin |
-5,08 |
-6,59 |
|
-1,22 |
|
|
|
|
|
|
|
|
|
Net profit margin |
-3,53 |
-5,06 |
|
-5,97 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average collection ratio |
1,89 |
3,19 |
|
3,46 |
|
|
|
|
|
|
|
|
|
Average payment ratio |
2,23 |
3,77 |
|
4,48 |
|
|
|
|
|
|
|
|
|
Equity turnover ratio |
27,73 |
12,32 |
|
4,68 |
|
|
|
|
|
|
|
|
|
Total assets turnover ratio |
1,74 |
2,48 |
|
1,90 |
|
|
|
|
|
|
|
|
|
Fixed assets turnover ratio |
13,22 |
10,86 |
|
5,86 |
|
|
|
|
|
|
|
|
|
Inventory conversion ratio |
19,95 |
22,14 |
|
7,84 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Turnover |
27.606.267 |
24.291.618 |
|
14.399.935 |
|
|
|
|
|
|
|
|
|
Gross margin |
|
|
8.720.627 |
|
5.583.287 |
|
|
|
|
|
|
|
|
Operating result |
-1.401.359 |
-1.599.618 |
802.412 |
-175.117 |
-811.170 |
|
|
|
|
|
|
|
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Net result after taxes |
-974.159 |
-1.229.225 |
665.638 |
-860.051 |
-406.803 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cashflow |
|
|
997.089 |
|
205.130 |
|
|
|
|
|
|
|
|
EBIT |
-1.401.359 |
-1.599.618 |
802.412 |
-175.117 |
-811.170 |
|
|
|
|
|
|
|
|
EBITDA |
|
|
1.133.863 |
|
-199.237 |
|
|
|
|
|
|
|
|
Summary |
The 2014 financial result structure is a negative working captial of
-869.090 euro, which is in agreement with -5 % of the total assets of the
company. The working capital has diminished with -1045.06 % compared to
previous year. The ratio, with respect to the total assets of the company has
however, declined. The deterioration between 2013 and 2014 has mainly been caused by an
increase of the current liabilities. The current ratio of the company in 2014 was 0.94. When the current ratio
is below 1.5, the company may have problems meeting its short-term
obligations. The quick ratio in 2014 of the company was 0.85. A company with a
Quick Ratio of less than 1 cannot currently pay back its current liabilities. The 2013 financial result structure is a negative working captial of
-75.899 euro, which is in agreement with -1 % of the total assets of the
company. The working capital has diminished with -107.17 % 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 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 0.85. A company with a
Quick Ratio of less than 1 cannot currently pay back its current liabilities. |
Financial
statement
|
|
|
|
|
|
Last annual account |
2014 |
|
Remark annual account |
The company is obliged to file its financial statements. |
|
Type of annual account |
Corporate |
|
Annual account |
Haas-Mondomix B.V. |
|
|
Damsluisweg 41 |
|
|
1332EA Almere |
|
|
Netherlands |
|
|
Registration number: 32090739 |
Balance
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
End date |
2014-12-31 |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
|
Intangible fixed assets |
794.751 |
1.098.894 |
1.205.508 |
1.097.730 |
921.064 |
|
Tangible fixed assets |
647.933 |
542.691 |
467.263 |
412.137 |
245.347 |
|
Financial fixed assets |
644.961 |
595.345 |
832.411 |
948.770 |
891.702 |
|
Fixed assets |
2.087.645 |
2.236.930 |
2.505.182 |
2.458.637 |
2.058.113 |
|
|
|
|
|
|
|
|
Total stock |
1.383.660 |
1.097.083 |
1.148.483 |
1.835.796 |
1.450.605 |
|
Accounts receivable |
6.762.227 |
4.323.347 |
|
1.247.003 |
1.958.794 |
|
|
|
|
|
|
|
|
Other receivables |
5.595.792 |
2.120.437 |
|
1.968.866 |
1.255.897 |
|
|
|
|
|
|
|
|
Total receivables |
12.358.019 |
6.443.784 |
5.939.467 |
3.215.869 |
3.214.691 |
|
Liquid funds |
4.126 |
6.508 |
37.692 |
80.288 |
1.653.918 |
|
|
|
|
|
|
|
|
Current assets |
13.745.805 |
7.547.375 |
7.125.642 |
5.131.953 |
6.319.214 |
|
Total assets |
15.833.450 |
9.784.305 |
9.630.824 |
7.590.590 |
8.377.327 |
|
|
|
|
|
|
|
|
Issued capital |
500.000 |
500.000 |
500.000 |
500.000 |
500.000 |
|
Share premium reserve |
262.000 |
262.000 |
262.000 |
262.000 |
262.000 |
|
|
|
|
|
|
|
|
Revaluation reserve |
|
|
|
96.548 |
|
|
|
|
|
|
|
|
|
Legal and statutory reserve |
459.389 |
537.348 |
540.308 |
|
|
|
|
|
|
|
|
|
|
Other reserves |
-225.678 |
672.842 |
2.069.510 |
2.217.636 |
2.962.040 |
|
|
|
|
|
|
|
|
Total reserves |
495.711 |
1.472.190 |
2.871.818 |
2.576.184 |
3.224.040 |
|
Total equity |
995.711 |
1.972.190 |
3.371.818 |
3.076.184 |
3.724.040 |
|
|
|
|
|
|
|
|
Provisions |
211.137 |
169.865 |
191.660 |
351.378 |
143.740 |
|
|
|
|
|
|
|
|
Long term interest yielding debt |
11.707 |
18.976 |
|
|
|
|
|
|
|
|
|
|
|
Long term liabilities |
11.707 |
18.976 |
|
|
|
|
Accounts payable |
4.165.367 |
4.726.846 |
|
2.506.120 |
3.331.233 |
|
|
|
|
|
|
|
|
Other short term liabilities |
10.449.528 |
2.896.428 |
|
1.656.908 |
1.178.314 |
|
|
|
|
|
|
|
|
Short term liabilities |
14.614.895 |
7.623.274 |
6.067.346 |
4.163.028 |
4.509.547 |
|
Total short and long term liabilities |
14.837.739 |
7.812.115 |
6.259.006 |
4.514.406 |
4.653.287 |
|
Total liabilities |
15.833.450 |
9.784.305 |
9.630.824 |
7.590.590 |
8.377.327 |
|
Summary |
The total assets of the company increased with 61.82 % between 2013 and 2014. Despite the assets growth, the non current assets decreased with -6.67 %. Asset growth is in contrasts with the net worth decline of -49.51 %. The company's indebtedness has, therefore, increased with 89.93 %. In 2014 the assets of the company were 13.19 % composed of fixed assets and 86.81 % by current assets. The assets are being financed by an equity of 6.29 %, and total debt of 93.71 %. The total assets of the company increased with 1.59 % between 2012 and 2013. Despite the assets growth, the non current assets decreased with -10.71 %. Asset growth is in contrasts with the net worth decline of -41.51 %. The company's indebtedness has, therefore, increased with 24.81 %. In 2013 the assets of the company were 22.86 % composed of fixed assets and 77.14 % by current assets. The assets are being financed by an equity of 20.16 %, and total debt of 79.84 %. |
Profit
and loss
Profit and loss
|
|
|
|
|
|
|
||
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
||
|
Revenues |
28.117.898 |
23.880.896 |
|
14.437.694 |
|
||
|
Other
operating income |
511.631 |
-410.722 |
|
37.759 |
|
||
|
|
|
|
|
|
|
||
|
Net
turnover |
27.606.267 |
24.291.618 |
|
14.399.935 |
|
||
|
|
|
|
|
|
|
||
|
Gross
margin |
|
|
8.720.627 |
|
5.583.287 |
||
|
Wages salaries and |
|
|
4.644.173 |
|
4.238.840 |
||
|
Amorization
and depreciation |
|
|
331.451 |
|
611.933 |
||
|
|
|
|
|
|
|
||
|
other
operating costs |
|
|
2.942.591 |
|
1.543.684 |
||
|
Operating expenses |
29.519.257 |
25.480.514 |
7.918.215 |
14.612.811 |
6.394.457 |
||
|
Result in subsidiaries |
|
|
|
|
131.324 |
||
|
Operating result |
-1.401.359 |
-1.599.618 |
802.412 |
-175.117 |
-811.170 |
||
|
Financial income |
|
|
2.710 |
|
9.253 |
||
|
|
|
|
|
|
|
||
|
Financial
expenses |
|
|
3.785 |
|
4.545 |
||
|
Financial
result |
-30.452 |
-2.386 |
-1.075 |
8.447 |
4.708 |
||
|
|
|
|
|
|
|
||
|
Result
on ordinary operations before taxes |
-1.431.811 |
-1.602.004 |
801.337 |
-166.670 |
-675.138 |
||
|
Taxation on the result of ordinary activities |
-361.590 |
-336.558 |
185.000 |
-322.144 |
-268.335 |
||
|
Result
of ordinary activities after taxes |
-1.070.221 |
-1.265.446 |
616.337 |
155.474 |
-406.803 |
||
|
Extraordinary
expense |
|
|
2.246 |
1.052.441 |
|
||
|
Extraordinary
result after taxation |
|
|
-2.246 |
-1.052.441 |
|
||
|
Result
subsidiaries after taxes |
96.062 |
36.221 |
51.547 |
36.916 |
|
||
|
Net result |
-974.159 |
-1.229.225 |
665.638 |
-860.051 |
-406.803 |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Summary |
The turnover of the company grew with 13.65 % between 2013 and 2014. The operating result of the company grew with 12.39 % between 2013 and 2014. This evolution implies an increase of the company's economic profitability. The result of these changes is an increase of the company's Economic Profitability of 44.78% of the analysed period, being equal to -9.04 in the year 2014. Despite the growth the assets turnover decreased, whose index evolved with -29.84 % to a level of 1.74. The Net Result of the company increased by 20.75 % between 2013 and 2014. 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 -77.03 % of the analysed period, being -143.8 in the year 2014. The company's financial profitability has been positively affected by its financial structure. The operating result of the company declined with -299.35 % between 2012 and 2013. 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 -296.75% of the analysed period, being equal to -16.37 in the year 2013. The Net Result of the company decreased by -284.67 % between 2012 and 2013. 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 -441.73 % of the analysed period, being -81.23 in the year 2013. The company's financial profitability has been positively affected by its financial structure. |
Analysis
|
|
|
|
|
|
Branch (SBI) |
Manufacture of machinery and equipment n.e.c. (SBI code 28) |
|
Region |
Flevoland |
|
Summary |
In the Netherlands 4630 of the companies are registered with the SBI
code 28 |
|
|
In the region Flevoland 147 of the companies are registered with the SBI
code 28 |
|
|
In the Netherlands 136 of the bankrupcties are published within this
sector |
|
|
In the region Flevoland 4 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 Flevoland is normal |
Publications
|
|
|
|
|
|
Deposits |
14-04-2015: De jaarrekening over 2014 is gepubliceerd. |
|
|
29-07-2014: De jaarrekening over 2013 is gepubliceerd. |
|
|
22-07-2013: De jaarrekening over 2012 is gepubliceerd. |
|
|
31-01-2013: De jaarrekening over 2011 is gepubliceerd. |
|
|
14-11-2011: De jaarrekening over 2010 is gepubliceerd. |
|
Functions |
27-02-2015: Per 24-02-2015 is bestuurder Eric Johannes Nicolaas Maria
in den Bosch uit |
|
|
functie getreden. |
|
|
27-02-2015: Per 24-02-2015 is bestuurder Rainer Weingraber in functie
getreden. |
|
|
14-04-2014: Per 01-04-2014 is bestuurder Rainer Reiböck uit functie
getreden. |
|
|
16-12-2013: Per 11-11-2013 is bestuurder Eric Johannes Nicolaas Maria
in den Bosch in |
|
|
functie getreden. |
|
|
02-10-2013: Per 01-10-2013 is bestuurder Willem van den Bosch uit
functie getreden. |
|
|
20-09-2013: Per 19-09-2013 is bestuurder Rainer Reiböck in functie
getreden. |
|
|
02-08-2013: Per 30-07-2013 is gevolmachtigde Johannes Nicolaas
Eveleens in functie |
|
|
getreden. |
|
|
24-12-2012: Per 18-12-2012 is bestuurder Sebastianus Arnoldus Maria
Derks uit functie |
|
|
getreden. |
|
Amendments |
16-02-2015: Per 13-2-2015 statuten gewijzigd. Zetel gewijzigd in:
Almere. |
Company
structure
|
|
|
|
|
|
Relations |
2 |
|
Company |
Registration number |
|
Haas Food Equipment GmbH (1210 Wien) |
|
|
| - - Haas-Mondomix B.V. (Almere) |
32090739 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.95 |
|
|
1 |
Rs.99.73 |
|
Euro |
1 |
Rs.71.84 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.