Delivery Date: Dec 19, 2018

Update Date: Dec 19, 2018

Subscriber No: 800000005
Business Information Report Ticket Key: 201812115008001248
Reference: ROBERTO RONCALES

Northernlight Surety Company S.R.L.

ACTIVE

Address Plaza Roble Centro Cooperativo San Jose Costa Rica

Telephone(s): (+506) 22047871
D-U-N-S Number: 81-574-3213

IDENTIFICATION & SUMMARY 

IDENTIFICATION

D-U-N-S Number: Telephone(s): E-Mail:

81-574-3213 (+506) 22047871 g.gregory@northernlight.biz

Trading Style: Website:

Northernlight Surety www.northernlight.biz

ID Type:

Costa Rican Judicial Number

Country Tax ID:

310269241430

SUMMARY

Type of Business: Primary SIC: Employees:

Limited Liability Company 6351-0100 22

Control Type: Imports: Principal:

Privately Held Registered Company N/A Ralf Kaiser

Director
Established: Exports:

2015 N/A

Line of Business:

Surety Bonds Underwriters

 RISK EVALUATION FINANCIAL SUMMARY

Credit Risk Indicator S Sales 2,298,284 USD 2017

D&B Rating 5A S Net Worth 107,632,946 USD 2017

Record Clear Capital 10,000 USD

LEGAL ACTIONS PAYMENTS INFORMATION

Law Suit(s) N/A Payment Record(s) 0

Payments Information See Comments

INFORMATION MANAGEMENT

Managers 4

Currency

All monetary amounts quoted in this report are shown in CRC (Costa Rican Colones) unless otherwise stated.

RISK ASSESSMENT

Risk Indicator

Services
D&B Rating Former Rating

Financial Strength Risk Indicator Financial Strength Risk Indicator

5A S N/A N/A
Based on net worth Services (Not Applicable - No
Assigned condition)

The Dun & Bradstreet Rating of 5A Service indicates:

Financial Strength of USD 50,000,000 and above based on net worth.

A Risk Indicator which is Services (Not Applicable - No Assigned condition).

TRADE PAYMENTS 

TRADE PAYMENT EXPERIENCES

Due to condition of the subject, specific experiences could not be obtained

BANKS 

Bank Name: Sun Credit Union

Location: Hollywood, United States

Telephone: (+954) 9674441

The main bank is in:

CURRENT INVESTIGATION 

INVESTIGATION INFORMATION

During the recent investigation ending Dec 19, 2018 Mr. Greg Gregory Director provided all information

HISTORY 

BACKGROUND

Limited Liability Company started on Feb 10, 2015 and registered at Public Registry, San Jose, San Jose, constituted under
Registry, no. 00034877.
Duration: undefined.
It was started in 2015.
Status Active.

SOCIAL CAPITAL

Current Capital: 10,000 USD

CAPITAL DISTRIBUTION

Sole Shareholder

Shareholders Stock Qty Stock Type % Capital

Northernlight Surety 100

Holding Inc

The Company has a total of 1 shareholders.

PRINCIPALS 

Name: Ralf Kaiser

Position: Director

Name: Mr. Jeff Miller

Position: Director

Name: Lane Jaslow

Position: Director

Name: Greg Gregory

Position: Director

OPERATIONS 

TYPE OF SERVICES

Surety Bonds Underwriters

Operates as
SIC: 6351 - 0100 - Surety insurance bonding
SALES

Has approximately 75 client(s).

Sells to private enterprises.
Sells to foreign companies.
Sells to local authorities.

EMPLOYEES

Employs 22.

LOCATION 

BRANCHES

Including:

Location: Lan & Associados, San Jose, San Jose, Costa Rica

Telephone: (506) 22047871

Details: Maintains a its administrative offices.

FACILITIES

At this address the subject company maintains a representative office.

Building Type: adapted for the company's purposes
Constructed of cement block.
Located in commercial zone.

FINANCIAL INFORMATION 

COMPARATIVES

Particulars Dec 31, 2016 Dec 31, 2017

single units single units
USD USD

Current Assets 5,317,497 109,815,608

Inventory

Current Liabilities 747,957 2,182,661

Working Capital 4,569,540 107,632,947

Fixed Assets 0 0
Total Assets 115,317,497 109,815,608

LONG TERM LIABILITIES 0 0

Net Worth 114,569,540 107,632,947

Net Sales 1,334,105 2,298,284

NET INCOME 12,063 63,406

Profit Margin : Net Income / Sales 0.904% 2.759%

BALANCE SHEET

Balance Sheet Information Dec 31, 2017

single units
USD

Externally reviewed by

Level of Audit Audited

Audited by Not Audited

Obtained from

Assets Dec 31, 2017

single units
USD

Cash & Banks 107,041,404

- Cash 107,041,404

CURRENT ASSETS 109,815,608

TOTAL LONG TERM ASSETS 0

TOTAL ASSETS 109,815,608

Liabilities Dec 31, 2017

single units
USD

Accounts Payable 1,815,222

- Commissions 371,663

- Reinsurers 244,959

- Others 1,198,600

Social Obligations 367,439

- Others 367,439

CURRENT LIABILITIES 2,182,661

TOTAL LIABILITIES 2,182,661

Capital 107,000,000

- Paid-in Capital 107,000,000

Other Capital 632,947

- Retained Profits 569,540

- Result of Period 63,406

NET WORTH 107,632,947

TOTAL LIABILITIES AND CAPITAL 109,815,608

PROFIT & LOSS

Particulars From Jan 01, 2017 To Dec 31, 2017

single units
USD

Execution of Penalties 2,298,284

- Revenues 2,298,284

Net Sales 2,298,284

Cost of Goods Sold 1,784,234

Gross Income 514,050

Operations Expenses 450,644

Operation Profit 63,406

NET INCOME 63,406

RATIOS

Particulars Dec 31, 2017

LIQUIDITY RATIOS

Current Ratio 50.31 times

Quick Ratios 50.31 times

General Liquidity 50.31 times

INDEBTEDNESS RATIO

Short Term Debt-to-Equity 2.03 %

Debt-to-Equity 2.03 %

EFFICIENCY RATIOS

Collection Period 0.00 days

Asset Turnover 0.79 times

Inventory Turnover 0.00 times

Fixed Assets to Net Worth 0.00 %

PROFITABILITY RATIOS

Gross Margin 22.37 %

Operating Margin 2.76 %

Profit Margin 2.76 %

Return on Assets 0.06 %

 Return on Net Worth 0.06 %

CONCLUSION 

Annual Sales from 1,1,2017 to 12,31,2017 was USD 2,298,284.

Net Worth of this business, as of 12,31,2017 was United States Dollar 107,632,946.

APPENDICES 

CUSTOMER SERVICE

Should you require any further information or have any questions, please contact your local Customer Service
Representative. Latin American and Caribbean subscribers please contact:

D&B Latin America Business Information Center

1560 Sawgrass Corporate Parkway, Suite 120
Sunrise, FL, USA 33323
Tel: +1 (954) 837-1506
Fax: +1 (954) 837-1548
Email: cscoff800@cialdnb.com
Website: www.cialdnb.com

Inquiries should always contain the below minimum details:

Full Company Name
Full Headquarters Address
Telephone Number
Business Identification Number
Contact Name
Reference
Order Date

EXCHANGE RATE

The registered values correspond to the last working day of each year. For further information about macroeconomic
variables of this country, please consult the International Risk and Payment Review, a D&B's monthly publication.

D&B RATING GLOSSARY

The following ratings are available for businesses in Costa Rica:

D&B Rating - The D&B® Rating in Costa Rica consists of 2 parts, the Financial Strength Indicator and the Risk Indicator. The
Financial Strength Indicator is based on Net Worth of a current fiscal balance sheet. The Risk Indicator reflects D&B's opinion
of the risk associated with trading with a specific business, notably the likelihood of business continuance or failure over the
next 12 months. The table below contains the values for the D&B Rating in Costa Rica.
FINANCIAL STRENGTH INDICATOR

Range USD

Net Worth From To

5A 50,000,000 And above

4A 10,000,000 49,999,999

3A 1,500,000 9,999,999

2A 750,000 1,499,999

1A 375,000 749,999

A 188,000 374,999

B 94,000 187,999

C 47,000 93,999

D 24,000 46,999

E 12,000 23,999

F 6,000 11,999

G 0 5,999

Risk Indicator Condition Interpretation

1 Solid Minimum expectation of risk

2 Satisfactory Low expectation risk

3 Acceptable Risk Slightly Over the Average

4 Unfavourable Significant Risk - To review carefully

S Services Not Applicable - No Assigned condition

- Undetermined Insufficient information to assign a

Rating

Alternate Ratings Used

NQ Cease of Operations

NB New Business - Generally less than 2 years and six months

O No financial statement or not up to date financial

statement

N/N4 Negative Net Worth

BR Branch of Local Company

- Unable to locate - Non Commercial Report

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