Valuations
NTAB has gained extensive experience in settling hundreds of insolvency cases over the past decades. This has yielded a huge amount of data that comes in handy in valuations, as well as in the supervision of new bankruptcies. We are therefore well placed to provide the various valuations, and also under the WHOA the settlement value.
This liquidation value is arrived at after we have determined the Liquidation Value and the Negotiated Sale Value with the same use and destination. This is the most obvious scenario to determine settlement. We analyze past settlements of the same types of companies and look at the current situation in the relevant sector or industry.
For example, the reputation of the company and any unique market proposition is important. We also look at the future picture in the sector, which parties are active, how many parties, etc.
A combination of experience and an up-to-date database with millions of records is helpful in approaching a correct value, even in a WHOA pathway.
Guidance from the observer or restructuring expert
In addition to the valuations we perform, we are also active in monitoring and guidance work. The latter occurs mainly in restructuring and insolvency periods. When an observer is appointed in the WHOA process, to protect the interests of creditors or shareholders, we assist in recording and monitoring assets and cash flows in our systems. A digital report with accompanying analysis can even take place at any time
Identifying the rights of third parties to a company’s assets is also among our duties when assisting with a case. Consider the rights of suppliers with retention of title, which must be monitored during a cooling-off period and for which the company must provide security if there is consumption. To build such a scenario and to assign appropriate values to it, our experience plays an important role.
The same goes for advising any lienholders who have a lien on assets of the company. For example, if a particular asset is going to be sold or consumed in preparation for a deal, we provide a quick valuation, proper recording and reporting.
Finally, the yield from ie rights in liquidation is sometimes underestimated. We also capture this valuation when establishing a liquidation value.
NTAB’s specialists are used to working quickly and well with the people within a company. They have knowledge of the particular company’s systems. Quickly rigging dashboards to provide desired information to stakeholders is our daily work.
