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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

487523

Report Date :

24.01.2018

 

IDENTIFICATION DETAILS

 

Name :

VEJGAARD EST. 1973 APS

 

 

Formerly Known As :

CORIUM APS

 

 

Registered Office :

Videbechs Alle 89, 8800 Viborg

 

 

Country :

Denmark

 

 

Date of Incorporation :

14.09.2016

 

 

Com. Reg. No.:

38019317

 

 

Legal Form :

Limited company

 

 

Line of Business :

Retail sale of clothing, shoes, leather goods, watches or baby equipment via internet

 

 

No. of Employees :

Not available

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

B

 

Credit Rating

Explanation

Rating Comments

B

Medium Risk

Business dealings permissible on a regular monitoring basis

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

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

 

Country Name

Previous Rating

(30.06.2017)

Current Rating

(30.09.2017)

Denmark

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 


 

DENMARK - ECONOMIC OVERVIEW

 

This thoroughly modern market economy features a high-tech agricultural sector, advanced industry with world-leading firms in pharmaceuticals, maritime shipping, and in renewable energy, and a high dependence on foreign trade. Denmark is a net exporter of food, oil, and gas and enjoys a comfortable balance of payments surplus, but depends on imports of raw materials for the manufacturing sector. Danes enjoy a high standard of living, and the Danish economy is characterized by extensive government welfare measures and an equitable distribution of income. An aging population will be a long-term issue.

Denmark is a member of the EU; Danish legislation and regulations conform to EU standards on almost all issues. Despite previously meeting the criteria to join the European Economic and Monetary Union, Denmark has negotiated an opt-out with the EU and is not required to adopt the euro. Within the EU, Denmark is among the strongest supporters of trade liberalization.

Denmark is experiencing a modest economic expansion. The economy grew by 1.7% in 2016 and an estimated 1.9% in 2017. The expansion is expected to continue at similar rates in 2018. The labor market has strengthened since 2013, and unemployment stood at 5.8% in 2017, based on the national measure. Productivity growth was significantly below the OECD average from the mid-1990s until 2011, but has increased in recent years. Improvement in productivity is needed to ensure continued growth.

Denmark maintained a healthy budget surplus for many years up to 2008, but the global financial crisis swung the budget balance into deficit. The 2017 deficit was 0.6%. The government projects a lower deficit in 2018, and public debt (EMU debt) as a share of GDP is expected to decline. In 2015, household indebtedness remained relatively high at more than 292% of net disposable income, while household net worth - from private pension schemes and other assets - amounted to 497% of net disposable income.

 

Source : CIA

 


Company name

 

Vejgaard est. 1973 ApS           

 

 

Company Summary

 

Business Name

Vejgaard est. 1973 ApS

Country

DENMARK

Company Registration Number

38019317

Activity Code

479116

Activity Description

Retail sale of clothing, shoes, leather goods, watches or baby equipment via internet

Company Status

Normal (Active)

 

 

Basic Information

 

Business Name

Vejgaard est. 1973 ApS

Registered Company Name

Vejgaard est. 1973 ApS

Company Registration Number

38019317

Country

DENMARK

VAT Registration Number

38019317

Date of Company Registration

14/09/2016

Legal Form

Limited company

Company Status

Normal (Active)

Currency of this Report

DKK

Principal Activity Code

479116

Principal Activity Description

Retail sale of clothing, shoes, leather goods, watches or baby equipment via internet

Contact Address

Videbechs Alle 89, 8800 Viborg

 

 

Main Address

 

Address

Videbechs Alle 89, 8800 Viborg

Country

DENMARK

 

 

Activities

 

Activity Code

Activity Description

479116

Retail sale of clothing, shoes, leather goods, watches or baby equipment via internet

 

 

Email Addresses

No email addresses for this company

 

 

Previous Names

 

Previous Name

Date Changed from Previous Name

Corium ApS

24/10/2016

 

 

Real Estate

Value

N/A

 

 

Other Trading Names

 

Keep ApS Custodi ApS

Corium Leather ApS

Corium ApS

 

 

Advisors

No advisor information for this company

 

 

Events

--

 

 

Financial Information

No financial information for this company

 

 

Share Capital Structure

 

Nominal Share Capital

50.000 DKK

 

 

Shareholders

No shareholders data for this company.

 

 

Current Directors

 

Name

Appointment Date

Position

REVISION 2 A/S

14/09/2016

REVISION

Rikke Vejgaard Norup

14/09/2016

ADM. DIR.

Rikke Vejgaard Norup

14/09/2016

STIFTERE

Rikke Vejgaard Norup

14/09/2016

Reel ejer

 

 

Group Structure

No group structure for this company

 

 

Negative Information

No negative information for this company

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 63.77

UK Pound

1

INR 89.20

Euro

1

INR 78.22

DKK

1

INR 10.53

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRI

 

 

Report Prepared by :

SYL

                                                


 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

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 are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.