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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

498164

Report Date :

17.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

DANTECH FREEZING SYSTEMS A/S

 

 

Registered Office :

Speditørvej 1, 9000 Aalborg

 

 

Country :

Denmark

 

 

Date of Incorporation :

06.01.2017

 

 

Com. Reg. No.:

38330284

 

 

Legal Form :

Limited company

 

 

Line of Business :

·         Subject is engaged in Manufacture of lifting and handling equipment.

·         The company manufactured and delivered high-quality solutions for the food processing industry such as freezing, chilling, cooling, tempering, cooking, proofing and de-frosting systems. (Form Indirect Source)

 

 

No. of Employees :

20 - 49

 

 

 

 

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 :

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

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

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 advanced industry with world-leading firms in pharmaceuticals, maritime shipping, and renewable energy, and a high-tech agricultural 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’s small open economy is highly dependent on foreign trade, and the government strongly supports trade liberalization. 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.

 

Denmark is a member of the EU but not the eurozone. 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.

 

Denmark is experiencing a modest economic expansion. The economy grew by 2.0% in 2016 and an estimated 2.3% in 2017. The expansion is expected to decline slightly in 2018. Unemployment stood at 5.8% in 2017, based on the national measure. The labor market was tight in 2017, with corporations experiencing some difficulty finding appropriately-skilled workers to fill billets. The Danish Government offers extensive programs to train unemployed persons to work in sectors that need qualified workers.

 

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. The Danish Government plans to address tax reform and increased defense spending in 2018.

 

Source : CIA

 

 

 

Company name and Summary

 

Business Name

Dantech Freezing Systems A/S

Country

DENMARK

Company Registration Number

38330284

Activity Code

282200

Activity Description

Manufacture of lifting and handling equipment

Company Status

Normal (Active)

Latest Turnover Figure

-

 

 

Basic Information

 

Business Name Dantech Freezing Systems A/S

Registered Company Name        Dantech Freezing Systems A/S

Company Registration Number   38330284

Country DENMARK

VAT Registration Number            38330284

Date of Company Registration    06/01/2017

Legal Form       Limited company

Company Status            Normal (Active)

Currency of this Report  DKK

Principal Activity Code   282200

Principal Activity Description      Manufacture of lifting and handling equipment

Contact Address           Speditørvej 1, 9000 Aalborg

Contact Telephone Number        -

-

 

 

Main Address

 

Address            Speditørvej 1, 9000 Aalborg

Country DENMARK

Telephone         -

-

 

 

Activities

 

Activity Code    Activity Description

282200  Manufacture of lifting and handling equipment

 

 

Email Addresses

 

No email addresses for this company

 

 

Employee Information

 

Year     Number of Employees

2017     20 - 49

 

 

Real Estate

 

Value

N/A

 

 

Other Trading Names

 

No information for this company.

 

 

Advisors

 

No advisor information for this company

 

 

Financial Information

 

No financial information for this company

 

Share Capital Structure

 

Nominal Share Capital    500,000 DKK

 

 

Shareholders

 

Shareholder      % Shares Held

100

Dantech Holding ApS

 

 

Current Directors

 

Name

Appointment Date

Position

Helle Andreasen

06/01/2017

FORMAND

Carsten Bak Andreasen

06/01/2017

DIREKTØR

Carsten Bak Andreasen

06/01/2017

BESTYRELSESMEDLEM

Carsten Bak Andreasen

06/01/2017

Reel ejer

Henrik Ziegler

06/01/2017

BESTYRELSESMEDLEM

BEIERHOLM, STATSAUTORISERET REVISIONSPARTNERSELSKAB

02/01/2018

REVISION

Dantech Holding ApS

06/01/2017

STIFTERE

Henrik Ziegler

06/01/2017

Reel ejer

 

 

Previous Directors

 

Name

Appointment Date

Position

Resignation Date

REVISOR TEAM NORD REGISTRERET REVISIONSAKTIESELSKAB

06/01/2017

REVISION

02/01/2018

 

 

Immediate Holding Parent

 

Immediate Holding Company Name        VAT/Registration Number

Dantech Holding ApS    38322982

 

Subsidiary Companies

 

Subsidiary Name           Number

No subsidaries for this company

 

 

Affiliates

 

Affiliate Name   Country Number

No affiliates for this company

 

 

Negative Information

 

No negative information for this company


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 64.87

UK Pound

1

INR 90.48

Euro

1

INR 79.48

DKK

1

INR 10.74

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRA

 

 

Report Prepared by :

DNS

 


 

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)

 

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