SkoleKlasse xxxFag: StudieretningsopgaveDato: 03-02-2016
Abstract
This report is about ECCO Sko A/S. The tasks in this report, is about getting information and write a short company description. Explaining the logistics and supply chain of ECCO’s, and analyzing the economy of ECCO’s from 2010 to 2014, and their credit facilities, before evaluating the future of possible growth for ECCO. The second half of the task is about making an amortization table of two types of loan, and afterwards a discussion and evaluation the loans to make a decision on which one of the two loans are suiting ECCO the best, for the buying of a tannery with a value of 80 mio. DKK.It appears that ECCO has been in growing a lot since 2010, and their economy is still getting better. Their key figures are very good, and there are no signs of it to get worse in the future. I have written about how ECCO is expanding their markets, and that they want to buy a tannery in Portugal. With the interest in buying a tannery in Portugal, they have got two loan offers. One from an American bank, and one from Sydbank in Denmark. The American offer is a serial loan on 12 mio. USD, (with a dollar rate on 6,8564, it will be 82 mio. DKK) The second offer is from Sydbank, they have offered an annuity loan on 80 mio. DKK. I have used financial calculations to see which of the loans is best for ECCO to go with.I have decided not to go with the offer from the American bank, even though it is 1 mio. DKK cheaper. The reason behind this decision is that, I think the offer from the American bank being too dangerous because of the dollar having currency fluctuations. The offer from Sydbank is much safer, because of the Danish krone not having currency fluctuations because of the ERM2-deal.
Det er gratis at oprette en konto