MIRA INFORM REPORT

 

 

Report No. :

510351

Report Date :

21.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

HALDOR TOPSØE A/S

 

 

Registered Office :

Haldor Topsøes Allé 1, 2800 Kgs. Lyngby

 

 

Country :

Denmark

 

 

Date of Incorporation :

30.11.1972

 

 

Com. Reg. No.:

41853816

 

 

Legal Form :

Limited company

 

 

Line of Business :

·         Consulting engineering activities within production and machinery technique

·         Manufacture of other chemical products n.e.c.

·         Aluminium production

 

 

No. of Employees :

1000 - 999999

 

 

 

 

 

 

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

A

 

Credit Rating

Explanation

Rating Comments

A

Acceptable Risk

Business dealings permissible with moderate risk of default

 

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

 

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 Summary

 

Business Name

HALDOR TOPSØE A/S

Country

DENMARK

Company Registration Number

41853816

Activity Code

711220

Activity Description

Consulting engineering activities within production and machinery technique

Company Status

Normal (Active)

 

 

Basic Information

 

Business Name

HALDOR TOPSØE A/S

Registered Company Name

HALDOR TOPSØE A/S

Company Registration Number

41853816

Country

DENMARK

VAT Registration Number

41853816

Date of Company Registration

30/11/1972

Legal Form

Limited company

Company Status

Normal (Active)

Currency of this Report

DKK

Principal Activity Code

711220

Principal Activity Description

Consulting engineering activities within production and machinery technique

Contact Address

Haldor Topsøes Allé 1, 2800 Kgs. Lyngby

Contact Telephone Number

45272000

 

 

Main Address

 

Address

Haldor Topsøes Allé 1, 2800 Kgs. Lyngby

Country

DENMARK

Telephone

45272000

 

 

Activities

 

Activity Code

Activity Description

711220

Consulting engineering activities within production and machinery technique

205900

Manufacture of other chemical products n.e.c.

244200

Aluminium production

 

 

Email Addresses

 

No email addresses for this company

 

 

Employee Information

 

Year

Number of Employees

2017

1000 - 999999

2016

1000 - 999999

2015

1000 - 999999

 

 

Real Estate

 

Value

N/A

 

 

Other Trading Names

 

HALDOR TOPSOE A/S

HT EQUIPMENT A/S

 

 

Advisors

 

No advisor information for this company

 

 

Financial Information

 

No financial information for this company

 

 

Share Capital Structure

 

Nominal Share Capital   376,000,000 DKK

 

 

Shareholders

 

Shareholder

% Shares Held

HALDOR TOPSØE HOLDING A/S

100

 

 

Current Directors

 

Name

Appointment Date

Position

Frank Einar Christiansen

19/03/2014

PERSONLIG_SUPPLEANT

Jette Søvang Christiansen

01/02/2005

BESTYRELSE

Jens Kehlet Nørskov

06/01/2010

BESTYRELSE

Henrik Stiesdal

16/12/2015

BESTYRELSESMEDLEM

Mark Zebitz Larsen

19/03/2014

PERSONLIG_SUPPLEANT

Søren Toft

07/03/2006

BESTYRELSE

Peter Rønnest Andersen

01/02/2013

DIREKTØR

Henrik Korsholm Simonsen

19/03/2014

PERSONLIG_SUPPLEANT

Bjerne Steffen Clausen

18/11/2011

adm. dir

Jørgen Huno Rasmussen

22/05/2013

NÆSTFORMAND

Jakob Haldor Topsøe

12/08/2016

NÆSTFORMAND

Anders Heine Jensen

16/12/2015

BESTYRELSESMEDLEM

Martin Østberg

07/03/2006

BESTYRELSE

PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

01/07/2011

REVISION

Christina Teng Topsøe

13/03/2013

BESTYRELSE

Jeppe Fonager Christiansen

12/08/2016

FORMAND

Aino Irene Saldo

19/03/2014

BESTYRELSE

Amy Ellen Hebert

01/02/2018

DIREKTØR

 

 

Previous Directors

 

Name

Appointment Date

Position

Resignation Date

Per Juul Dahl

30/11/1972

PERSONLIG_SUPPLEANT

30/10/1998

Gianni Oriani

30/11/1972

BESTYRELSE

18/04/2002

Enzo Ferrari

30/11/1972

BESTYRELSE

13/04/2000

Mario Di Loreto

13/04/2000

BESTYRELSE

17/11/2003

Angelo Taraborrelli

18/04/2002

BESTYRELSE

30/10/2002

Alfredo Feliciani

31/10/2002

BESTYRELSE

27/09/2007

Alfredo Feliciani

01/09/2006

adm. dir

27/09/2007

Domenico Rubino

17/11/2003

BESTYRELSE

01/09/2006

Daslav Brkic

01/09/2006

BESTYRELSE

27/09/2007

Guilio Bozzini

01/09/2006

BESTYRELSE

27/09/2007

Jens Steen Andersen

30/11/1972

PERSONLIG_SUPPLEANT

11/04/2002

John Haubert Rintza Hansen

26/05/1998

PERSONLIG_SUPPLEANT

03/05/2000

Giorgio Luigi Marcello Girola

30/11/1972

BESTYRELSE

01/09/2006

Giorgio Luigi Marcello Girola

30/11/1972

adm. dir

01/09/2006

Niels Kegel Sørensen

27/09/2007

adm. dir

18/11/2011

Frank Einar Christiansen

26/05/1998

BESTYRELSE

26/05/2010

Haldor Frederik Aksel Topsøe

30/11/1972

formand

20/05/2013

Haldor Frederik Aksel Topsøe

30/11/1972

DIREKTION

20/05/2013

Oluf Christian Engell

30/11/1972

BESTYRELSE

27/03/2015

Jette Søvang Christiansen

01/02/2005

SUPPLEANT

01/02/2005

Bent Sarup

30/11/1972

BESTYRELSE

01/02/2005

Carl-Vilhelm Moesgaard Rasmussen

11/04/2002

PERSONLIG_SUPPLEANT

01/02/2005

Brian Munch

07/03/2006

PERSONLIG_SUPPLEANT

31/03/2008

Gert Steffensen

30/11/1972

PERSONLIG_SUPPLEANT

03/07/1998

Søren Juul

30/11/1972

BESTYRELSE

27/09/2007

 

 

Immediate Holding Parent

 

Immediate Holding Company Name        VAT/Registration Number

HALDOR TOPSØE HOLDING A/S          30826752

 

 

Subsidiary Companies

 

Subsidiary Name

Number

TOPSOE FUEL CELL A/S

28308523

Haldor Topsøe Sustainables A/S

39091372

SUBCONTINENT AMMONIA INVESTMENT COMPANY ApS

26791316

Haldor Topsøe Project Investment A/S

39534886

HALDOR TOPSØE INTERNATIONAL A/S

23972212

TOPSOE ENERGY CONVERSION AND STORAGE A/S

35145141

 

 

Affiliate

 

No affiliates for this company

 

 

Negative Information

 

No negative information for this company

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 67.96

UK Pound

1

INR 91.88

Euro

1

INR 80.26

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 :

KET

                                                


 

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.