MIRA INFORM REPORT
|
Report No. : |
341644 |
|
Report Date : |
23.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
GLENCORE GRAIN B.V. |
|
|
|
|
Registered Office : |
Blaak 31 3011GA Rotterdam |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
09.04.1980 |
|
|
|
|
Com. Reg. No.: |
24138640 |
|
|
|
|
Legal Form : |
Private company |
|
|
|
|
Line of Business : |
Wholesale of grain |
|
|
|
|
No. of Employees : |
Not Available |
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 |
|
26-40 |
B |
Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
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 |
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 Glencore
Grain B.V.
Operative address Blaak 31 3011GA
Rotterdam Netherlands
Legal form Besloten
Vennootschap
Registration number KvK-nummer: 24138640
VAT-number 005199542
|
Year |
2014 |
Mutation |
2013 |
Mutation |
2012 |
||
|
Fixed assets |
4.810.969 |
-95,56 |
108.268.439 |
-31,28 |
157.547.376 |
||
|
Total receivables |
1.845.403.092 |
-6, 44 |
1.972.365.361 |
-21,10 |
2.499.840.926 |
||
|
Total equity |
194.422.933 |
18, 98 |
163.405.123 |
-4,56 |
171.207.373 |
||
|
Short term liabilities |
1.636.877.538 |
-8, 82 |
1.795.253.472 |
-34,03 |
2.721.252.181 |
||
|
Net result |
10.692.689 |
209,73 |
3.452.252 |
-72,93 |
12.754.283 |
||
|
Working capital |
524.375.822 |
50,82 |
347.689.806 |
1.070,62 |
29.701.381 |
||
|
Quick ratio |
1,17 |
5, 41 |
1,11 |
18,09 |
0,94 |
||
Contact
information
Company name Glencore
Grain B.V.
Trade names Glencore
Grain B.V.
Operative address Blaak 31
3011GA Rotterdam
Netherlands
Correspondence address Postbus 1120
3000BC Rotterdam
Netherlands
Telephone number 0104044400
Fax number 0104129635
Email address hr.rotterdam@glencore.com
Registration
Registration number KvK-nummer: 24138640
Branch number 000017838428
VAT-number 005199542
Status Active
First registration company
register 1980-04-09
Memorandum 1980-04-09
Establishment date 1980-04-09
Legal form Besloten Vennootschap
Last proposed admendment 2006-02-24
Issued placed capital EUR 16.518.150
Paid up share capital EUR 16.518.150
Activities
SBI 46211:
Wholesale of grain
Exporter Yes
Importer Yes
Branche organisations KVNR
- Koninklijke Vereniging van Nederlandse Reders
Goal De
handel, daaronder begrepen de termijnhandel, commissiehandel, agenturen, im- en
export en distributie, zowel voor eigen rekening als voor rekening van derden,
in alle goederen, in het bijzonder in produkten, grondstoffen, energiedragers
en halffabrikaten
Relations
Shareholders Finges
Investment B.V.
Blaak
31
3011GA
Rotterdam
Netherlands
Registration
number: 34119432
Percentage:
100%
Companies on same address (number)
169
Management
Active management C.J. Mahoney Christopher John
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2005-08-31
Date of birth: 1959-01-02, Edmonton, GB
A.P. Hubmann Andreas Peter
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2005-08-31
Date of birth: 1966-10-11, Bichelsee-Balterswil, CH
Involved with the following companies:
Renaisco B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24257792
Function: Manager
Glencore International Import B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24436992
Function: Manager
E.C.B. Mostert Ernest Christian Barend
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2006-05-01
Date of birth: 1964-08-18, Pretoria, ZA
Involved with the following companies:
BIOPETROL MARKETING B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24490313
Function: Manager
Glencore Grain Rotterdam B.V.
Blaak 31
3011GA ROTTERDAM
Netherlands
Registration number: 24141798
Function: Manager
Renaisco B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24257792
Function: Manager
Finges Investment B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 34119432
Function: Manager
Glencore International Import B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24436992
Function: Manager
Ammizinc B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 33275895
Function: Manager
A.F.S. van Hoorn Adrianus Frederik Sébastian
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-07-17
Date of birth: 1976-12-24, Oud-Beijerland, NL
M.J. Pattenier Michaëla Johanna
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2005-09-12
Date of birth: 1964-05-08, Schiedam, NL
Involved with the following companies:
BIOPETROL MARKETING B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24490313
Function: Proxy
BIOPETROL ROTTERDAM B.V.
Welplaatweg 108
3197KS BOTLEK ROTTERDAM
Netherlands
Registration number: 24393738
Function: Proxy
Glencore International Import B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24436992
Function: Proxy
R. Jansen Robert
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1960-12-31, Rotterdam, NL
F. Ketting Ferry
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1966-08-18, Rotterdam, NL
R.J.D. Klein Richard Jozef Daniel
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1968-03-24, 's-Gravenhage, NL
S.M. Kosorog Sylvie Marie-claire
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1964-04-02, Tonnerre, FR
Involved with the following companies:
Renaisco B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24257792
Function: Manager
Finges Investment B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 34119432
Function: Manager
Glencore International Import B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24436992
Function: Manager
Ammizinc B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 33275895
Function: Manager
A. Kouwenhoven Arie
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1959-07-21, Bergambacht, NL
Involved with the following companies:
BIOPETROL MARKETING B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24490313
Function: Proxy
B. Kouwenhoven Benny
Netherlands
Competence: Limited authorization
Function: Proxy
Page: 5 / 16 Intended solely for: MIRA INFORM (2015-09-15)
Starting date: 2006-01-01
Date of birth: 1965-11-16, Sneek, NL
M.S. Kubbe Maarten Sebastiaan
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1972-09-20, Voorburg, NL
N.L.M. van den Meiracker Nicolaas Leonardus Marie
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1957-02-06, Rotterdam, NL
P.M. Mouthaan Peter Mario
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1970-08-14, Bergen op Zoom, NL
A.B.J. Schrage Antonius Bernardus Johannes
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1959-03-15, Rotterdam, NL
J. Wakker Jeffrey
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1971-09-11, 's-Gravenhage, NL
A. de Veer Abraham
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2010-07-19
Date of birth: 1967-06-15, Breda, NL
C. Both Camiel
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-09-01
Date of birth: 1978-08-23, Poortugaal, NL
D.A. Pickett Daniel Anthony
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-11-15
Date of birth: 1984-09-19, Goole, GB
J. Gielisse Jerry
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-06-11
Date of birth: 1979-06-08, Leidschendam, NL
C.R. Iles Colin Richard
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-06-19
Date of birth: 1973-08-24, Rinteln, DE
E.J. Aubailly Etienne Jean-François
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-01-23
Date of birth: 1970-08-14, Bourges, FR
Involved with the following companies:
BIOPETROL ROTTERDAM B.V.
Welplaatweg 108
3197KS BOTLEK ROTTERDAM
Netherlands
Registration number: 24393738
Function: Manager
BIOPETROL MARKETING B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24490313
Function: Proxy
O.A.M. Calvar Olivier Andre Marie
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-07-22
Date of birth: 1971-05-09, Vannes, FR
D.W. Johnson Danial Wesley
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-10-15
Date of birth: 1980-05-09, Tamworth, AU
P.J. Tustin Peter John
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-10-23
Date of birth: 1974-02-05, Geelong, AU
J. Hansen Jimmy
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-10-23
Date of birth: 1979-09-09, Heusden, NL
C.G.W. Popowich Chad George William
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-11-04
Date of birth: 1978-11-23, Regina, CA
C. Toral Oropesa Cristobal
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-11-05
Date of birth: 1973-01-22, Madrid, ES
J. Barth Johannes
3067TG
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-02-14
Date of birth: 1980-11-02, Middelburg, NL
Involved with the following companies:
Grawaco C.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24464911
Function: Proxy
L.J. Dorrestein Lucas James
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-02-24
Date of birth: 1985-07-03, Brighton, GB
F.A. Mardon Francis Albert
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-05-05
Date of birth: 1972-10-16, Loches, FR
R. van Renswoude Richard
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-06-02
Date of birth: 1975-05-17, Rotterdam, NL
B.M. Glass Bradley Michael
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-02-23
Date of birth: 1977-11-30, Albury, AU
O.F. Timmermans Olaf Florian
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-04-07
Date of birth: 1980-06-09, Dordrecht, NL
O.Y.P. Dubosq Olivier Yves Philippe
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-05-21
Date of birth: 1959-09-14, Caen, FR
M.H. Meindersma Marlies Heleen
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-07-31
Date of birth: 1982-01-01, Vlaardingen, NL
. Vitory Kosasih
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-07-31
Date of birth: 1979-03-30, Bagansiapiapi, ID
E. de Klerck Edwin
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2015-07-31
Date of birth: 1981-12-12, Hellevoetsluis, NL
Employees
|
Total
according to the Chamber of Commerce |
0 |
|
|
|
|
|
|
Year |
|
2015 |
2014 |
2013 |
2012 |
2011 |
|
Total |
|
0 |
274 |
249 |
219 |
183 |
Payments
Score 7
Description Payments
are made regularly no complaints are known
Key
Figures
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Quick ratio |
1,17 |
1,11 |
0,94 |
0,93 |
0,95 |
|
Current ratio |
1,32 |
1,19 |
1,01 |
1,08 |
1,06 |
|
|
|||||
|
Working capital/ balance total |
0,24 |
0,15 |
0,01 |
0,07 |
0,06 |
|
Equity / balance total |
0,09 |
0,07 |
0,06 |
0,07 |
0,06 |
|
Equity / Fixed assets |
40,41 |
1,51 |
1,09 |
30,62 |
47,09 |
|
Equity / liabilities |
0,10 |
0,08 |
0,06 |
0,08 |
0,06 |
|
Balance total / liabilities |
1,10 |
1,08 |
1,06 |
1,08 |
1,06 |
|
|
|||||
|
Working capital |
524.375.822 |
347.689.806 |
29.701.381 |
154.625.549 |
141.041.379 |
|
Equity |
194.422.933 |
163.405.123 |
171.207.373 |
159.845.427 |
144.101.447 |
|
Mutation equity |
18,98 |
-4,56 |
7,11 |
10,93 |
-41,36 |
|
Mutation short term liabilities |
-8,82 |
-34,03 |
32,84 |
-15,30 |
260,19 |
|
Return on total assets
(ROA) |
0,69 |
0,23 |
0,59 |
0,51 |
-14,59 |
|
Return on equity (ROE) |
7,74 |
3,15 |
10,08 |
7,09 |
-259,41 |
|
Gross profit margin |
0,24 |
0,22 |
0,44 |
0,73 |
-6,39 |
|
Net profit margin |
0,08 |
0,03 |
0,11 |
0,11 |
-7,38 |
|
Average collection ratio |
8,13 |
6,57 |
4,22 |
4,33 |
2,22 |
|
Average payment ratio |
7,21 |
5,98 |
4,59 |
4,74 |
2,37 |
|
Equity turnover ratio |
68,42 |
72,20 |
67,02 |
55,50 |
37,29 |
|
Total assets turnover ratio |
6,14 |
5,24 |
3,95 |
4,02 |
2,10 |
|
Fixed assets turnover ratio |
2.765,17 |
108,97 |
72,83 |
1.699,48 |
1.756,21 |
|
Inventory conversion ratio |
52,31 |
83,12 |
57,12 |
29,10 |
19,85 |
|
|
|
|
|
|
|
|
Turnover |
13.303.141.444 |
11.798.447.112 |
11.474.447.128 |
8.871.088.094 |
5.374.112.762 |
|
Gross margin |
94.966.595 |
86.801.539 |
92.082.010 |
112.146.223 |
90.942.585 |
|
Operating result |
32.430.591 |
26.476.688 |
50.704.868 |
64.630.960 |
-343.171.167 |
|
Net result after taxes |
10.692.689 |
3.452.252 |
12.754.283 |
10.136.023 |
-396.466.165 |
|
EBIT |
32.430.591 |
26.476.688 |
50.704.868 |
64.630.960 |
-343.171.167 |
Summary The
2014 financial result structure is a postive working captial of 524.375.822
euro, which is in agreement with 24 % of the total assets of the company.
The working capital has increased with 50.82 % compared to
previous year. The ratio, with respect to the total assets of the company has
however, increased.
The improvement between 2013 and 2014 has mainly been caused
by an increase of the current assets.
The current ratio of the company in 2014 was 1.32. 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 1.17. A company
with a Quick Ratio of more than 1 can currently pay back its current
liabilities.
The 2013 financial result structure is a postive working
captial of 347.689.806 euro, which is in agreement with 15 % of the total
assets of the company.
The working capital has increased with 1070.62 % 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 1.19. 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 1.11. A company
with a Quick Ratio of more than 1 can 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 Glencore Grain B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 24138640
Balance
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
End date |
2014-12-31 |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
|
Tangible fixed assets |
4.718.719 |
4.748.749 |
|
3.614.653 |
2.362.932 |
|
Financial fixed assets |
92.249 |
103.519.689 |
157.547.376 |
1.605.224 |
697.136 |
|
Fixed assets |
4.810.969 |
108.268.439 |
157.547.376 |
5.219.878 |
3.060.068 |
|
|
|||||
|
Total stock |
254.289.472 |
141.941.125 |
200.892.079 |
304.822.626 |
270.761.778 |
|
Accounts receivable |
513.440.979 |
706.726.144 |
719.017.761 |
569.765.819 |
578.325.154 |
|
Other receivables |
1.331.962.113 |
1.265.639.217 |
1.780.823.165 |
1.300.977.651 |
1.685.208.033 |
|
Total receivables |
1.845.403.092 |
1.972.365.361 |
2.499.840.926 |
1.870.743.470 |
2.263.533.187 |
|
Liquid funds |
61.560.797 |
28.636.793 |
50.220.557 |
27.594.095 |
25.331.019 |
|
Current assets |
2.161.253.360 |
2.142.943.278 |
2.750.953.562 |
2.203.160.191 |
2.559.625.984 |
|
Total assets |
2.166.064.329 |
2.251.211.717 |
2.908.500.938 |
2.208.380.069 |
2.562.686.051 |
|
|
|||||
|
Issued capital |
16.460.745 |
16.499.892 |
16.502.956 |
16.579.334 |
16.577.175 |
|
Other reserves |
177.962.189 |
146.905.232 |
154.704.417 |
143.266.093 |
127.524.271 |
|
Total reserves |
177.962.189 |
146.905.232 |
154.704.417 |
143.266.093 |
127.524.271 |
|
Total equity |
194.422.933 |
163.405.123 |
171.207.373 |
159.845.427 |
144.101.447 |
|
|
|||||
|
Provisions |
|
|
16.041.383 |
|
|
|
Long term interest yielding debt |
334.763.857 |
292.553.122 |
|
|
|
|
Long term liabilities |
334.763.857 |
292.553.122 |
|
||
|
Accounts payable |
176.842.018 |
120.301.649 |
145.954.985 |
113.846.509 |
95.816.552 |
|
Other short term liabilities |
1.460.035.520 |
1.674.951.823 |
2.575.297.197 |
1.934.688.133 |
2.322.768.053 |
|
Short term liabilities |
1.636.877.538 |
1.795.253.472 |
2.721.252.181 |
2.048.534.642 |
2.418.584.605 |
|
Total short and long term liabilities |
1.971.641.396 |
2.087.806.593 |
2.737.293.564 |
2.048.534.642 |
2.418.584.605 |
|
Total liabilities |
2.166.064.329 |
2.251.211.717 |
2.908.500.938 |
2.208.380.069 |
2.562.686.051 |
Summary The
total assets of the company decreased with -3.78 % between
2013
and 2014.
This downturn is mainly retrievable in the fixed
asset decrease of -95.56 %.
The asset reduction is in contrast with the equity
growth of 18.98 %. Due to this the total debt
decreased with -5.56 %.
In 2014 the assets of the company were 0.22 %
composed of fixed assets and 99.78 % by current assets. The assets are being
financed by an equity of 8.98 %, and total debt of 91.02%.
The
total assets of the company decreased with -22.6 % between 2012 and 2013. This
downturn is mainly retrievable in the fixed asset decrease of -31.28 %. Assets
reduction is explained by a Net Worth decrease of -4.56 %, and an indebtedness
reduction of -23.73 %.
In
2013 the assets of the company were 4.81 % composed of fixed assets and 95.19 %
by current assets. The assets are being financed by an equity of 7.26 %, and
total debt of 92.74 %.
Profit
and loss
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Revenues |
13.303.141.444 |
11.798.447.112 |
11.474.447.128 |
8.871.088.094 |
5.374.112.762 |
|
Net turnover |
13.303.141.444 |
11.798.447.112 |
11.474.447.128 |
8.871.088.094 |
5.374.112.762 |
|
Gross margin |
94.966.595 |
86.801.539 |
92.082.010 |
112.146.223 |
90.942.585 |
|
|
|
|
|
|
|
|
Year |
|
|
2014 |
2013 |
2012 |
2011 |
2010 |
|||
|
Wages and salaries |
|
|
36.160.101 |
36.636.213 |
21.678.794 |
22.276.837 |
16.903.303 |
|||
|
Sales |
|
|
|
13.208.174.849 |
11.711.645.572 |
11.382.365.118 |
8.758.941.871 |
5.283.170.177 |
||
|
other operating costs |
|
|
26.375.903 |
23.688.638 |
19.698.348 |
25.238.426 |
417.210.448 |
|||
|
Operating expenses |
|
|
13.270.710.853 |
11.771.970.423 |
11.423.742.260 |
8.806.457.134 |
5.717.283.929 |
|||
|
Operating result |
|
|
32.430.591 |
26.476.688 |
50.704.868 |
64.630.960 |
-343.171.167 |
|||
|
|
||||||||||
|
Financial income |
|
|
|
4.361.253 |
8.884.780 |
13.468.244 |
17.357.601 |
11.360.624 |
||
|
Financialexpenses |
|
|
21.742.844 |
30.214.633 |
46.912.235 |
70.650.745 |
42.000.946 |
|||
|
Financial result |
|
|
|
-17.381.591 |
-21.329.853 |
-33.443.991 |
-53.293.144 |
-30.640.323 |
||
|
Result on ordinary operations before taxes |
15.049.000 |
5.146.835 |
17.260.877 |
11.337.816 |
-373.811.490 |
|||||
|
|
||||||||||
|
Taxation on the result of activities |
ordinary |
4.356.311 |
1.694.583 |
4.506.594 |
1.201.793 |
11.235.708 |
||||
|
Result of ordinary activities after taxes |
10.692.689 |
3.452.252 |
12.754.283 |
10.136.023 |
-385.047.197 |
|||||
|
|
||||||||||
|
Result subsidiaries after taxes |
|
|
|
|
-11.418.968 |
|||||
|
Net result |
10.692.689 |
3.452.252 |
12.754.283 |
10.136.023 |
-396.466.165 |
|||||
Summary The
turnover of the company grew with 12.75 % between 2013 and
2014.
The gross profit of the company grew with 9.41 %
between 2013 and 2014.
The operating result of the company grew with 22.49
% 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 200 %
of the analysed period, being equal to 2013 % in
the year 2014.
This growth has contributed to the increase in
assets turnover, increasing by 17.18 %
reaching 6.14.
The Net Result of the company decreased by 209.73 %
between 2013 and 2014.
The company's Financial Profitability has been
negatively affected by the financial activities in
comparison to the EBITs behaviour. The result of
these variations is a profitability reduction
of 145.71 % of the analysed period, being 7.74 % in
the year 2014.
The company's financial structure has slowed down
its financial profitability.
The turnover of the company grew with 2.82 %
between 2012 and 2013.
The gross profit of the company decreased by -5.73
% between 2012 and 2013.
The operating result of the company declined with
-47.78 % between 2012 and 2013. This
nalysis
Analysis
Branch (SBI) Wholesale
trade (no motor vehicles and motorcycles) (SBI code 46)
Region Groot
Rotterdam
Summary In the
Netherlands 109662 of the companies are registered with the SBI code 46
In the region Groot Rotterdam
8969 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 Groot Rotterdam
231 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 Groot Rotterdam is normal
Publications
Deposits 17-04-2015:
De jaarrekening over 2014 is gepubliceerd.
20-05-2014: De jaarrekening over
2013 is gepubliceerd.
13-02-2014: De jaarrekening over
2012 is gepubliceerd.
10-02-2012: De jaarrekening over
2010 is gepubliceerd.
17-03-2011: De jaarrekening over
2009 is gepubliceerd.
Functions
05-08-2015:
Per 31-07-2015 is gevolmachtigde Edwin de Klerck in functie getreden.
05-08-2015: Per 31-07-2015 is
gevolmachtigde Marlies Heleen Meindersma in functie getreden.
05-08-2015: Per 31-07-2015 is
gevolmachtigde Vitory Kosasih in functie getreden.
27-05-2015: Per 21-05-2015 is gevolmachtigde
Olivier Yves Philippe Dubosq in functie getreden.
26-05-2015: Per 22-05-2015 is
gevolmachtigde James Daniel Maw uit functie getreden.
10-04-2015: Per 07-04-2015 is
gevolmachtigde Olaf Florian Timmermans in functie getreden.
25-02-2015: Per 23-02-2015 is
gevolmachtigde Bradley Michael Glass in functie getreden.
15-10-2014: Per 01-10-2014 is
gevolmachtigde Theo Eymert Schipper uit functie getreden.
15-10-2014: Per 01-10-2014 is
gevolmachtigde Ronald Jozef Johanna de Gelder uit functie getreden.
11-06-2014: Per 02-06-2014 is
gevolmachtigde Richard van Renswoude in functie getreden.
Page: 14 / 16 Intended solely
for: MIRA INFORM (2015-09-15)
11-06-2014: Per 02-06-2014 is
gevolmachtigde Margaretha den Otter uit functie getreden.
04-06-2014: Per 02-06-2014 is
gevolmachtigde Antonius Alfonsius Rabeling uit functie getreden.
14-05-2014: Per 30-04-2014 is
gevolmachtigde Wilhelmus Marinus van Deurzen uit functie getreden.
14-05-2014: Per 05-05-2014 is
gevolmachtigde Francis Albert Mardon in functie getreden.
26-02-2014: Per 24-02-2014 is
gevolmachtigde Lucas James Dorrestein in functie getreden.
21-02-2014: Per 14-02-2014 is
gevolmachtigde Johannes Barth in functie getreden.
21-02-2014: Per 14-02-2014 is
gevolmachtigde Thomas Theodorus Maria Heijselaar uit functie getreden.
27-01-2014: Per 23-01-2014 is
gevolmachtigde Etienne Jean-François Aubailly in functie getreden.
13-11-2013: Per 05-11-2013 is
gevolmachtigde Cristobal Toral Oropesa in functie getreden.
13-11-2013: Per 04-11-2013 is
gevolmachtigde Chad George William Popowich in functie getreden.
31-10-2013: Per 23-10-2013 is
gevolmachtigde Peter John Tustin in functie getreden.
31-10-2013: Per 23-10-2013 is
gevolmachtigde Jimmy Hansen in functie getreden.
17-10-2013: Per 15-10-2013 is
gevolmachtigde Danial Wesley Johnson in functie getreden.
15-10-2013: Per 14-10-2013 is
gevolmachtigde Peter Johannes Poort uit functie getreden.
05-09-2013: Per 01-09-2013 is
gevolmachtigde Manuel David Schöngüt uit functie getreden.
14-08-2013: Per 22-07-2013 is
gevolmachtigde James Daniel Maw in functie getreden.
14-08-2013: Per 17-07-2013 is
gevolmachtigde Adrianus Frederik Sébastian van Hoorn in
functie getreden.
30-07-2013: Per 22-07-2013 is
gevolmachtigde Olivier Andre Marie Calvar in functie getreden.
22-06-2012: Per 19-06-2012 is
gevolmachtigde Colin Richard Iles in functie getreden.
15-06-2012: Per 11-06-2012 is
gevolmachtigde Jerry Gielisse in functie getreden.
15-02-2012: Per 30-01-2012 is
gevolmachtigde Ronald Burki uit functie getreden.
16-11-2011: Per 15-11-2011 is
gevolmachtigde Daniel Anthony Pickett in functie getreden.
27-09-2011: Per 20-09-2011 is
gevolmachtigde Mark Simon Allen uit functie getreden.
Company
structure
Relations 7
Company
Registration
number
Finges Investment B.V. (Rotterdam) 34119432
| - - Glencore Grain Rotterdam B.V. (ROTTERDAM) 24141798
| - - Glencore Grain B.V. (Rotterdam) 24138640
| - - Glencore Biofuels B.V. (ROTTERDAM) 24459057
| - - Dremalo B.V. (ROTTERDAM) 24459055
| - - Eridani Finance B.V. (ROTTERDAM) 24439643
| - - Glencore Industries The Netherlands B.V. (ROTTERDAM)
24381333
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.63 |
|
UK Pound |
1 |
Rs.101.73 |
|
Euro |
1 |
Rs.73.26 |
INFORMATION DETAILS
|
Analysis
Done by : |
KIN |
|
|
|
|
Report
Prepared by : |
TRU |
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.