MIRA
INFORM REPORT
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Report Date : |
16.08.2007 |
IDENTIFICATION DETAILS
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Name : |
STAUBLI |
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Registered Office : |
31 Rue Des |
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Country : |
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Financials (as on) : |
2005 |
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Date of Incorporation : |
20.09.1983 |
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Com. Reg. No.: |
83B01108,
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Legal Form : |
Public limited company |
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Line of Business : |
Manufacture of machinery for textile, apparel andleather production |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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Maximum Credit Limit : |
150000 EUR |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
COMPANY NAME &
ADDRESS
STAUBLI
31 RUE DES FRERES
LUMIERE
69680 CHASSIEU FR
Tel. Number +33-4-72473939
Business founded
01 November 1983
Business registered
20 September 1983 - Public limited company (no information regarding quotation)
Registration number
83B01108,
party identification
328103981,
Legal form
Public limited company (no information regarding quotation)
Activities
Manufacture of machinery for textile, apparel andleather production
Payment experience
Payment regular
Credit opinion
High creditworthiness
Maximum credit limit 150000 EUR is advised
The
exportvolume in percentage of
Financial structure (balance sheet analysis) : Good
Cash situation (balance sheet analysis) : Good
Profitability (balance sheet analysis) : Outstanding
Commitments (regarding contractual obligations) : Fulfilled („respectés“)
Payment defaults : None
Employees (Business)
286
Total number of
shareholders
1
Total share capital
31 December 2005 EUR 3225600
Bank
CL
AG.PRESQU'ILE 69 LYON 02 BNP LB 69
Boardmembers
Parent company
325720720 STAUBLI FAVERGES 99,72 %
The business owns or partly owns one or more pieces of land and
buildings? Yes(Property)
Turnover for the period: 00 0000 - 31
December 2005 in EUR 134.006.674,00
Not consolidated profit and loss
turnover of the business:
Corporate balance
sheet for the year: 00 0000 - 31 December 2005 in EUR
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Total assets incl. prepaid expenses and accrued income |
111.753.938,- |
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Total fixed assets |
15.824.894,- |
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Total intangible fixed assets |
112.881,- |
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Concessions and industrial rights, goodwill |
112.881,- |
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Total tangible fixed assets |
15.707.315,- |
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Land and buildings |
5.591.547,- |
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Plant, machinery and equipment |
8.439.963,- |
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Total financial fixed assets |
4.698,- |
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Total Current assets |
95.685.786,- |
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Inventories and work in progress (incl. prepayments) |
17.376.009,- |
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Accounts receivable (trade) |
34.300.417,- |
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Investments (short-term) |
21.394.909,- |
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Cash in hand and at bank |
2.375.942,- |
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Total accrued income and prepaid expenses |
791.517,- |
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Total equity, provisions, liabilities, accrued expenses and deferred
income |
111.753.938,- |
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Total equity (Shareholders' funds) |
68.263.700,- |
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Issued (subscribed) capital |
3.225.600,- |
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Legal reserves |
322.560,- |
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Profit or loss carried forward |
40.195,- |
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Profit or loss for the previous year |
12.139.903,- |
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Profit or loss for the financial year |
7.768.994,- |
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Total provisions |
6.274.707,- |
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Total liabilities |
37.132.781,- |
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Total long-term liabilities |
47.553,- |
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Long-term Loans, Mortgage debts |
47.553,- |
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Total current liabilities |
36.249.656,- |
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Current accounts payable (trade) |
24.497.172,- |
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Income and social tax liabilities |
4.628.852,- |
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Total accrued expenses and deferred income |
835.572,- |
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Borrowing ratio |
51,28 % |
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Current ratio |
258,02 % |
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Debt gearing |
0,07 % |
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Profit margin. |
8,50 % |
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Quick ratio |
211,16 % |
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Return on assets |
10,20 % |
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Return on equity. |
10,73 % |
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Solidity or equity ratio |
64,79 % |
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Corporate profit and loss account for the year: 00 0000 - 31
December 2005 in EUR |
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Total operating income/revenue |
139.049.055,- |
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Main revenue (sales/turnover) |
134.006.674,- |
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Total operating expenses |
127.652.899,- |
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Cost of materials (type of expenditure format) |
3.728.337,- |
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Personnel costs |
8.987.645,- |
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Depreciation |
3.713.624,- |
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Operating profit or loss |
11.396.156,- |
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Financial income |
2.914.938,- |
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Financial expenses |
1.208.618,- |
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Result of ordinary operations |
13.102.477,- |
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Extraordinary income |
807.073,- |
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Extraordinary expenses |
1.649.468,- |
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Extraordinary result |
-842.395,- |
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Pre-tax and pre-appropriation profit or loss |
13.102.476,- |
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Taxes |
2.342.177,- |
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Net profit or loss |
7.768.994,- |
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Turnover for the period: 00 0000 - 31 December 2004 in
EUR 175.847.182,00 |
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Not consolidated profit and loss turnover of the business: |
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Corporate balance sheet for the year: 00 0000 - 31 December
2004 in EUR |
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Total assets incl. prepaid expenses and accrued income |
120.670.212,- |
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Total fixed assets |
15.219.954,- |
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Total intangible fixed assets |
96.335,- |
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Concessions and industrial rights, goodwill |
96.335,- |
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Total tangible fixed assets |
15.118.920,- |
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Land and buildings |
5.947.614,- |
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Plant, machinery and equipment |
7.682.463,- |
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Total financial fixed assets |
4.698,- |
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Total Current assets |
104.371.334,- |
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Inventories and work in progress (incl. prepayments) |
19.317.983,- |
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Accounts receivable (trade) |
47.017.878,- |
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Investments (short-term) |
16.750.587,- |
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Cash in hand and at bank |
2.234.321,- |
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Total accrued income and prepaid expenses |
1.417.010,- |
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Total equity, provisions, liabilities, accrued expenses and deferred
income |
120.670.212,- |
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Total equity (Shareholders' funds) |
64.850.621,- |
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Issued (subscribed) capital |
3.225.600,- |
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Legal reserves |
322.560,- |
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Profit or loss carried forward |
41.892,- |
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Profit or loss for the previous year |
13.861.799,- |
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Profit or loss for the financial year |
12.139.903,- |
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Total provisions |
8.517.830,- |
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Total liabilities |
47.129.757,- |
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Total long-term liabilities |
47.553,- |
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Long-term Loans, Mortgage debts |
47.553,- |
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Total current liabilities |
46.028.700,- |
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Current accounts payable (trade) |
30.049.128,- |
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Income and social tax liabilities |
6.302.137,- |
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Total accrued expenses and deferred income |
1.053.502,- |
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Borrowing ratio |
66,88 % |
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Current ratio |
221,68 % |
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Debt gearing |
0,07 % |
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Profit margin. |
11,53 % |
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Quick ratio |
180,65 % |
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Return on assets |
16,81 % |
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Return on equity. |
17,23 % |
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Solidity or equity ratio |
58,40 % |
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Corporate profit and loss account for the year: 00 0000 - 31
December 2004 in EUR |
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Total operating income/revenue |
179.755.854,- |
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Main revenue (sales/turnover) |
175.847.182,- |
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Total operating expenses |
159.476.146,- |
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Cost of materials (type of expenditure format) |
4.359.521,- |
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Personnel costs |
9.095.590,- |
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Depreciation |
4.009.841,- |
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Operating profit or loss |
20.279.708,- |
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Financial income |
3.023.842,- |
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Financial expenses |
3.242.296,- |
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Result of ordinary operations |
20.061.254,- |
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Extraordinary income |
1.283.191,- |
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Extraordinary expenses |
954.026,- |
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Extraordinary result |
329.165,- |
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Pre-tax and pre-appropriation profit or loss |
20.061.254,- |
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Taxes |
5.530.130,- |
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Net profit or loss |
12.139.903,- |
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Turnover for the period: 00 0000 - 31 December 2003 in
EUR 182.183.939,00 |
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Not consolidated profit and loss turnover of the business: |
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Corporate balance sheet for the year: 00 0000 - 31 December
2003 in EUR |
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Total assets incl. prepaid expenses and accrued income |
121.136.690,- |
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Total fixed assets |
14.800.633,- |
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Total intangible fixed assets |
244.044,- |
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Concessions and industrial rights, goodwill |
244.044,- |
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Total tangible fixed assets |
14.551.891,- |
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Land and buildings |
6.310.080,- |
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Plant, machinery and equipment |
6.709.201,- |
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Total financial fixed assets |
4.698,- |
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Total Current assets |
105.781.087,- |
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Inventories and work in progress (incl. prepayments) |
17.413.222,- |
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Accounts receivable (trade) |
44.074.079,- |
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Investments (short-term) |
24.749.948,- |
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Cash in hand and at bank |
1.691.052,- |
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Total accrued income and prepaid expenses |
959.083,- |
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Total equity, provisions, liabilities, accrued expenses and deferred
income |
121.136.690,- |
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Total equity (Shareholders' funds) |
60.215.125,- |
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Issued (subscribed) capital |
3.225.600,- |
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Legal reserves |
322.560,- |
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Profit or loss carried forward |
37.693,- |
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Profit or loss for the financial year |
13.861.799,- |
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Total provisions |
8.410.143,- |
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Total liabilities |
52.334.494,- |
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Total long-term liabilities |
47.553,- |
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Long-term Loans, Mortgage debts |
47.553,- |
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Total current liabilities |
51.507.537,- |
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Current accounts payable (trade) |
30.839.151,- |
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Income and social tax liabilities |
5.448.383,- |
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Total accrued expenses and deferred income |
779.403,- |
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Borrowing ratio |
79,58 % |
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Current ratio |
202,31 % |
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Debt gearing |
0,07 % |
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Profit margin. |
13,38 % |
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Quick ratio |
169,01 % |
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Return on assets |
20,12 % |
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Return on equity. |
21,08 % |
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Solidity or equity ratio |
54,29 % |
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Corporate profit and loss account for the year: 00 0000 - 31
December 2003 in EUR |
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Total operating income/revenue |
186.674.837,- |
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Main revenue (sales/turnover) |
182.183.939,- |
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Total operating expenses |
162.299.763,- |
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Cost of materials (type of expenditure format) |
3.404.841,- |
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Personnel costs |
8.951.903,- |
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Depreciation |
4.329.587,- |
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Operating profit or loss |
24.375.074,- |
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Financial income |
1.539.401,- |
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Financial expenses |
2.283.100,- |
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Result of ordinary operations |
23.631.375,- |
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Extraordinary income |
1.178.254,- |
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Extraordinary expenses |
1.341.862,- |
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Extraordinary result |
-163.609,- |
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Pre-tax and pre-appropriation profit or loss |
23.631.375,- |
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Taxes |
6.822.026,- |
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Net profit or loss |
13.861.799,- |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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 and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)