
PROJECTS
NOVIS INITIIS BV (OVERSIGHT GROUP) and/or its professionals have completed many projects in the last few years on the islands of Aruba, Bonaire and Curaçao. Some of these we proudly display in the following table.
CORPORATE FINANCE & CASH FLOW MANAGEMENT
-
Successful refinancing of USD 93.8 million for water and electricity grid improvements.
-
Successful financing of USD 30 million for water and electricity grid improvements.
-
Successful financing of USD 9.6 million for water plant expansion
-
Successful refinancing of USD 4.5 million for a Utility company
-
Successful refinancing of USD 64 million for a utility company
-
Successful refinancing of ANG 300 million for a utility company
-
Successful refinancing of ANG 12 million for a wholesaler
-
Successful MRI-project financing of USD 700 thousand for a healthcare company
-
Successful refinancing of ANG 2 million for a hospitality business
-
Successful implementation of a cash flow management practice for a healthcare business
-
Successful negotiation support to increase the healthcare budget with ANG 4 million by the healthcare insurer
PLANNING & CONTROL SERVICES, INCLUDING REPORTING SERVICES
-
Successful implementation of a budgeting and reporting cycle at a utility company
-
Successful implementation of a budgeting and reporting cycle at a wholesaler
-
Successful implementation of a budgeting and reporting cycle at a hospitality business
-
Successful implementation IFRS-compliance project at a utility company
RESTRUCTURING & TURN AROUND (excluding cost rationalization)
-
Successful restructuring and turnaround of a QSR-group (cost reduction, double digit sales increases, and profit improvement)
-
Successful restructuring and turnaround of a wholesaler (cost reduction of USD 4.7 million)
-
Successful restructuring and turnaround of an automotive company (cost reduction of USD 0.6 million)
-
Successful restructuring and turnaround of a wholesaler (cost reduction of USD 1.1 million)
-
Successful restructuring and turnaround of a hospitality company (cost reduction of USD 0.3 million)
-
Successful restructuring and buy-out sale of a hospitality company
-
Successful restructuring and bankruptcy guidance and company sale (buyout)
-
Successful increase in revenues by 12% through better reporting & analysis (and sales development)
-
Successful increase in revenues by 5% through better reporting & analysis (and sales development)
GOVERNANCE SUPPORT
-
Drafted and implemented business planning cycle at a QSR-group.
-
Successful catch up of arrears (4 years) in drafting and adoption of Annual Financial Statements
-
Successful catch up of arrears (3 years) in drafting and adoption of Annual Financial Statements
-
Successful Implementation of Governance structure improve control and lower / mitigate liability risk
INTERIM FINANCIAL MANAGEMENT
-
Successful execution of the CFO function at a construction business
-
Successful execution of the CEO function at a hospitality business
-
Successful execution of the CFO function at a utility company
-
Successful execution of the CFO function at a hospital
-
Successful execution of Senior Financial controllers’ function at a healthcare company
COST-RATIONALIZATION SERVICES
-
Implemented monitoring controls and cost reduction measures on Cost of Goods Sold and personnel expenses at a QSR-group and reduced costs in excess of 2.3 million in 1 year's time.
-
Implemented control & monitoring mechanisms to manage and lower Cost of Goods Sold and lowered the cost with ANG 1.7 million per year at a hospitality business.
-
Realized a sustainable cost reduction of Operational expenses of 31% (USD 640,000) at a wholesaler
-
Realized a sustainable cost reduction of Operational expenses of 42% (USD 352,000) at a healthcare provider
-
Realized a sustainable cost reduction of Operational expenses of 19% (USD 168,000) at a healthcare provider
-
Realized a sustainable cost reduction of Personnel expenses of 12% (USD 221,000) at a wholesaler (not counting liquidation of business units)