MIRA
INFORM REPORT
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Report Date : |
23.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
SOCIETE DE DIFFUSION DU DIAMANT SDD |
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Registered Office : |
47 Rue Du Fbourg Montmartre 75009 Paris 09 |
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Country : |
France |
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Financials (as on) : |
31.03.2007 |
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Date of Incorporation : |
01.01.1971 |
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Com. Reg. No.: |
71B063916 |
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Legal Form : |
Public Limited Company |
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Line of Business : |
Wholesale of miscellaneous household goods |
RATING &
COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Inactive |
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SOCIETE DE DIFFUSION DU DIAMANT SDD |
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47 RUE DU FBOURG MONTMARTRE |
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75009 PARIS 09 FR |
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Tel. Number |
+33-1-45231972 |
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Business founded |
01 January 1971 |
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Registration number, |
71B06391, PARIS, |
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Alternative tradename(s), |
SDD, |
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party identification, |
712063916, |
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Legal form |
Public limited company (no
information regarding quotation) |
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Activities |
Wholesale of
miscellaneous household goods |
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Credit opinion |
Refer to company status
indicator. |
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Legal form |
Public limited company
(no information regarding quotation) |
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Activities |
Wholesale of miscellaneous
household goods |
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unregistered e.g. the Business has been registered but has now been
unregistered from the Company House etc. The
company is also inactive. 30 October 2007 |
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The exportvolume in
percentage of total sales for the company. 6,79 |
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Employees (Business) |
2 |
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Total share capital31 March 2007 |
EUR 165000 |
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Bank |
NSM PARIS |
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Boardmembers |
GROSPIRON CLAUDE President |
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Management |
BLOCH ROGER Managing director |
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Auditor |
TOUCHAIS PHILIPPE Deputy auditor |
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The business owns or
partly owns one or more pieces of land and buildings? No
(Property) |
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Turnover for the
period: 00 0000 - 31 March 2007 in EUR 15.159.853,00 |
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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 March 2007 in EUR |
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Total assets incl.
prepaid expenses and accrued income |
5.863.532,- |
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Total Current assets |
5.862.435,- |
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Inventories and work in
progress (incl. prepayments) |
3.820.512,- |
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Accounts receivable (trade) |
1.814.944,- |
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Cash in hand and at bank |
33.293,- |
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Total accrued income and
prepaid expenses |
2.651,- |
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Total equity, provisions,
liabilities, accrued expenses and deferred income |
5.863.532,- |
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Total equity (Shareholders' funds) |
2.800.231,- |
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Issued (subscribed) capital |
165.000,- |
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Legal reserves |
16.769,- |
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Profit or loss carried
forward |
-124.894,- |
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Profit or loss for the
previous year |
-124.894,- |
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Profit or loss for the
financial year |
227.269,- |
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Total provisions |
1.097,- |
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Total liabilities |
3.035.093,- |
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Total current liabilities |
3.035.093,- |
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Current accounts payable (trade) |
1.962.267,- |
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Income and social tax
liabilities |
302.952,- |
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Borrowing ratio |
108,36 % |
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Current ratio |
193,16 % |
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Profit margin. |
0,77 % |
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Quick ratio |
67,28 % |
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Return on assets |
1,98 % |
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Return on equity. |
8,11 % |
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Solidity or equity ratio |
47,77 % |
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Corporate profit and loss
account for the year: 00 0000 - 31 March 2007 in EUR |
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Total operating income/revenue |
15.159.853,- |
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Main revenue (sales/turnover) |
15.159.853,- |
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Total operating expenses |
15.043.865,- |
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Cost of materials (type
of expenditure format) |
15.329.355,- |
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Operating profit or loss |
115.988,- |
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Financial income |
31.943,- |
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Financial expenses |
44.930,- |
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Result of ordinary operations |
103.001,- |
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Extraordinary income |
190.671,- |
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Extraordinary expenses |
5.691,- |
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Extraordinary result |
184.980,- |
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Pre-tax and
pre-appropriation profit or loss |
103.001,- |
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Taxes |
60.712,- |
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Net profit or loss |
227.269,- |
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Turnover for the
period: 00 0000 - 31 March 2006 in EUR 13.117.960,00 |
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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 March 2006 in EUR |
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Total assets incl.
prepaid expenses and accrued income |
4.435.259,- |
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Total Current assets |
4.434.866,- |
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Inventories and work in
progress (incl. prepayments) |
3.213.351,- |
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Accounts receivable (trade) |
978.638,- |
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Cash in hand and at bank |
96.843,- |
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Total accrued income and
prepaid expenses |
1.897,- |
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Total equity, provisions,
liabilities, accrued expenses and deferred income |
4.435.259,- |
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Total equity (Shareholders' funds) |
2.817.941,- |
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Issued (subscribed) capital |
165.000,- |
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Legal reserves |
16.769,- |
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Profit or loss for the
previous year |
106.759,- |
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Profit or loss for the
financial year |
-124.894,- |
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Total provisions |
393,- |
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Total liabilities |
1.603.330,- |
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Total current liabilities |
1.603.329,- |
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Current accounts payable (trade) |
1.405.171,- |
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Income and social tax liabilities |
189.725,- |
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Borrowing ratio |
56,89 % |
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Current ratio |
276,60 % |
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Profit margin. |
1,12 % |
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Quick ratio |
76,19 % |
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Return on assets |
3,31 % |
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Return on equity. |
-4,43 % |
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Solidity or equity ratio |
63,54 % |
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Corporate profit and loss
account for the year: 00 0000 - 31 March 2006 in EUR |
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Total operating income/revenue |
13.117.961,- |
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Main revenue (sales/turnover) |
13.117.960,- |
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Total operating expenses |
12.971.354,- |
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Cost of materials (type of
expenditure format) |
12.702.721,- |
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Operating profit or loss |
146.607,- |
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Financial income |
43.242,- |
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Financial expenses |
100.832,- |
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Result of ordinary operations |
89.017,- |
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Extraordinary income |
1.473,- |
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Extraordinary expenses |
215.384,- |
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Extraordinary result |
-213.910,- |
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Pre-tax and
pre-appropriation profit or loss |
89.016,- |
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Net profit or loss |
-124.894,- |
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Turnover for the
period: 00 0000 - 31 March 2005 in EUR 11.829.011,00 |
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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 March 2005 in EUR |
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Total assets incl.
prepaid expenses and accrued income |
6.676.172,- |
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Total Current assets |
6.669.107,- |
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Inventories and work in
progress (incl. prepayments) |
3.178.547,- |
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Accounts receivable (trade) |
3.341.979,- |
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Cash in hand and at bank |
26.073,- |
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Total accrued income and
prepaid expenses |
9.931,- |
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Total equity, provisions,
liabilities, accrued expenses and deferred income |
6.676.172,- |
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Total equity (Shareholders' funds) |
2.788.214,- |
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Issued (subscribed) capital |
165.000,- |
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Legal reserves |
16.769,- |
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Profit or loss for the
financial year |
106.759,- |
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Total provisions |
7.065,- |
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Total liabilities |
3.880.702,- |
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Total current liabilities |
3.880.702,- |
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Current accounts payable (trade) |
1.265.474,- |
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Income and social tax
liabilities |
150.432,- |
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Borrowing ratio |
138,95 % |
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Current ratio |
171,85 % |
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Profit margin. |
0,16 % |
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Quick ratio |
89,95 % |
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Return on assets |
0,28 % |
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Return on equity. |
3,82 % |
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Solidity or equity ratio |
41,83 % |
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Corporate profit and loss
account for the year: 00 0000 - 31 March 2005 in EUR |
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Total operating income/revenue |
11.829.011,- |
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Main revenue (sales/turnover) |
11.829.011,- |
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Total operating expenses |
11.810.167,- |
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Cost of materials (type
of expenditure format) |
11.878.249,- |
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Operating profit or loss |
18.844,- |
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Financial income |
297.529,- |
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Financial expenses |
163.139,- |
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Result of ordinary operations |
153.234,- |
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Extraordinary income |
1.311,- |
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Extraordinary expenses |
14.592,- |
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Extraordinary result |
-13.282,- |
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Pre-tax and pre-appropriation
profit or loss |
153.234,- |
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Taxes |
33.194,- |
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Net profit or loss |
106.759,- |
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%)