MIRA INFORM REPORT
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Report No. : |
341413 |
|
Report Date : |
21.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
KLAAS DE POEL B.V. |
|
|
|
|
Registered Office : |
Groningerstreek 25 9871PG Stroobos |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
01.05.1962 |
|
|
|
|
Com. Reg. No.: |
KvK-nummer: 01065188 |
|
|
|
|
Legal Form : |
Private company with common structure |
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|
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Line of Business : |
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|
|
|
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No. of Employee : |
13 |
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 : |
No complaints |
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|
|
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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 highTRADE 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 Klaas de Poel
B.V.
Operative
address Groningerstreek 25
9871PG STROOBOS
Netherlands
Legal
form Private company
with common structure
Registration
number KvK-nummer: 01065188
VAT-number
805164352
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
569.005 |
13,49- |
657.746 |
-8,24 |
716.775 |
|
Total receivables |
2.756.752 |
23,09 |
2.239.583 |
-4,56 |
2.346.676 |
|
Total equity |
530.923 |
167,33 |
198.600 |
-74,71 |
785.386 |
|
Short term liabilities |
2.944.630 |
-3,71 |
3.058.020 |
66,87 |
1.832.568 |
|
Working capital |
1.183.669 |
317,20 |
283.720 |
-82,13 |
1.588.114 |
|
Quick ratio |
1,05 |
40,00 |
0,75 |
-45,26 |
1,37 |
Contact
information
|
Company name |
Klaas de Poel B.V. |
|
Trade names |
Klaas de Poel B.V. |
|
Operative address |
Groningerstreek 25 |
|
|
9871PG STROOBOS |
|
|
Netherlands |
|
Correspondence address |
Groningerstreek 25 |
|
|
9871PG STROOBOS |
|
|
Netherlands |
|
Telephone number |
0512-352200 |
|
Fax number |
0512 352330 |
|
Email address |
|
|
Website |
Registration
|
Registration number |
KvK-nummer: 01065188 |
|
Registered in |
Kamer van Koophandel Noord-Nederland |
|
Branch number |
000018004180 |
|
VAT-number |
805164352 |
|
|
|
|
Status |
Active |
|
First registration company register |
1996-10-01 |
|
Memorandum |
1996-10-01 |
|
Establishment date |
1962-05-01 |
|
|
|
|
Legal form |
Private company with common structure |
|
Legal person since |
1996-10-01 |
|
|
|
|
Issued placed capital |
EUR 18.151 |
|
Paid up share capital |
EUR 18.151 |
Activities
|
SBI |
46219: Wholesale of other agricultural products |
|
|
46384: Wholesale of bakery raw materials |
|
Exporter |
No |
|
Importer |
No |
|
Goal |
De handel in bakkerij grondstoffen en bakkerij
artikelen, de handel in gedroogde zuidvruchten en specerijen, een en ander in
de ruimste zin van het woord. |
Relations
Shareholders
Klaas de Poel Beheer B.V.
Groningerstreek 25
9871PG STROOBOS
Netherlands
Registration number: 01065191
Percentage: 100%
Companies
on same
address
Frisian Food
Traders FFT B.V.
Registration number: 01068684
Klaas de Poel Beheer B.V.
Registration number: 01065191
Klaas de Poel Amsterdam B.V.
Registration number: 63664690
Bank
details
Accounts Rabobank
Nederland
Account number: 3215921383
BIC: RABONL2U
Management
Active
management Klaas de Poel
Beheer B.V.
Groningerstreek 25
9871PG STROOBOS
Netherlands
Registration number: 01065191
Competence: Fully authorized
Function: Manager
Starting date: 1996-10-01
Employees
|
Year |
2015 |
2013 |
2012 |
2011 |
2010 |
|
Total |
13 |
15 |
17 |
17 |
16 |
Payments
|
Description |
Payments made under regular condition |
Key
figures
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Quick ratio |
1,05 |
0,75 |
1,37 |
1,12 |
0,69 |
|
Current ratio |
1,40 |
1,09 |
1,87 |
1,57 |
1,08 |
|
Working capital/ balance
total |
0,25 |
0,07 |
0,38 |
0,30 |
0,05 |
|
Equity / balance
total |
0,11 |
0,05 |
0,19 |
0,19 |
0,17 |
|
Equity / Fixed
assets |
0,93 |
0,30 |
1,10 |
1,09 |
0,74 |
|
Equity / liabilities |
0,13 |
0,05 |
0,23 |
0,24 |
0,20 |
|
Balance total /
liabilities |
1,13 |
1,05 |
1,23 |
1,24 |
1,20 |
|
Working capital |
1.183.669 |
283.720 |
1.588.114 |
979.034 |
135.977 |
|
Equity |
530.923 |
198.600 |
785.386 |
623.740 |
414.710 |
|
Mutation equity |
167,33 |
-74,71 |
25,92 |
50,40 |
149,25 |
|
Mutation short term
liabilities |
-3,71 |
66,87 |
6,61 |
-3,55 |
2,10 |
Summary The
2013 financial result structure is a postive working captial of 1.183.669 euro,
which is in agreement with 25 % of the total assets of the company.
The working capital has increased with 317.2
% compared to previous year. The ratio, with
respect to the total assets of the company
has however, increased.
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
1.4. 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
1.05. 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 283.720 euro, which is in
agreement with 7 % of the total assets of
the company.
The working capital has diminished with
-82.13 % compared to previous year. The ratio, with
respect to the total assets of the company
has however, declined.
The deterioration between 2011 and 2012 has
mainly been caused by an increase of the
current liabilities.
The current ratio of the company in 2012 was
1.09. 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
0.75. 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 There is no financial data
published
Type
of annual account Corporate
Annual
account Klaas de
Poel B.V.
Groningerstreek 25
9871PG STROOBOS
Netherlands
Registration number: 01065188
Balance
sheet
|
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 |
558.830 |
653.721 |
710.350 |
562.427 |
527.058 |
|
Financial fixed assets |
10.175 |
4.025 |
6.425 |
10.022 |
30.511 |
|
Fixed assets |
569.005 |
657.746 |
716.775 |
572.449 |
557.569 |
|
Total stock |
1.046.915 |
1.056.951 |
910.376 |
764.936 |
682.254 |
|
Accounts receivable |
|
|
2.274.887 |
1.543.570 |
|
|
Other receivables |
|
|
71.789 |
20.788 |
|
|
Total receivables |
2.756.752 |
2.239.583 |
2.346.676 |
1.564.358 |
991.777 |
|
Liquid funds |
324.632 |
45.206 |
163.630 |
368.698 |
244.088 |
|
Current assets |
4.128.299 |
3.341.740 |
3.420.682 |
2.697.992 |
1.918.119 |
|
Total assets |
4.697.304 |
3.999.486 |
4.137.457 |
3.270.441 |
2.475.688 |
|
Issued capital |
18.151 |
18.151 |
18.151 |
18.151 |
18.151 |
|
Other reserves |
512.772 |
180.449 |
767.235 |
605.589 |
396.559 |
|
Total reserves |
512.772 |
180.449 |
767.235 |
605.589 |
396.559 |
|
Total equity |
530.923 |
198.600 |
785.386 |
623.740 |
414.710 |
|
Provisions |
21.751 |
23.421 |
36.544 |
49.668 |
29.983 |
|
Long term interest
yielding debt |
1.200.000 |
719.445 |
1.482.959 |
878.075 |
248.853 |
|
Long term liabilities |
1.200.000 |
719.445 |
1.482.959 |
878.075 |
248.853 |
|
Short term liabilities |
2.944.630 |
3.058.020 |
1.832.568 |
1.718.958 |
1.782.142 |
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Total short and
long term liabilities |
4.166.381 |
3.800.886 |
3.352.071 |
2.646.701 |
2.060.978 |
|
Total liabilities |
4.697.304 |
3.999.486 |
4.137.457 |
3.270.441 |
2.475.688 |
Summary
The total assets of the company increased
with 17.45 % between 2012 and 2013.
Despite the assets growth, the non current assets
decreased with -13.49 %.
The asset growth has mainly been financed by
a Net Worth increase of 167.33 %. Debt,
however, grew with 9.62 %.
In 2013 the assets of the company were 12.11
% composed of fixed assets and 87.89 % by
current assets. The assets are being financed
by an equity of 11.3 %, and total debt of 88.7
%.
The total assets of the company decreased
with -3.33 % between 2011 and 2012.
This downturn is mainly retrievable in the
fixed asset decrease of -8.24 %.
The asset reduction results in an equity
decrease of -74.71 %. Despite the decrease, the
indebtness increased with 13.39 %.
In 2012 the assets of the company were 16.45
% composed of fixed assets and 83.55 % by
current assets. The assets are being financed
by an equity of 4.97 %, and total debt of 95.03
%.
Analysis
Branch
(SBI) Wholesale trade (no motor vehicles
and motorcycles) (SBI code 46)
Region
Friesland
Summary
In the Netherlands 109662
of the companies are registered with the SBI code 46
In the region Friesland 3361 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 Friesland 74 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 Friesland is normal
Publications
Deposits
12-11-2014: De jaarrekening
over 2013 is gepubliceerd.
02-12-2013: De jaarrekening over 2012 is
gepubliceerd.
04-07-2012: De jaarrekening over 2011 is
gepubliceerd.
04-11-2011: De jaarrekening over 2010 is
gepubliceerd.
13-04-2011: De jaarrekening over 2009 is gepubliceerd.
Company
structure
Relations
4
Company
Registration
number
Klaas
de Poel Beheer B.V. (STROOBOS)
01065191
|
- - Frisian Food Traders FFT B.V. (STROOBOS) 01068684
|
- - Klaas de Poel B.V. (STROOBOS) 01065188
|
- - Klaas de Poel Amsterdam B.V. (STROOBOS) 63664690
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.92 |
|
|
1 |
Rs.102.75 |
|
Euro |
1 |
Rs.75.13 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
ANK |
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.