MIRA
INFORM REPORT
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Report Date : |
15.10.2007 |
IDENTIFICATION DETAILS
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Name : |
ZAS-POL SPÓŁKA Z O.O.
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Registered Office : |
Al.Jerozolimskie Bud 2 L.405, 02-486 Warszawa |
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Country : |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
1992/11 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Processing of tea and coffee
Wholesale of coffee, tea, cocoa and spices |
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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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
NAME & ADDRESS
DATA
ZAS-POL SPÓŁKA Z O.O.
AL.JEROZOLIMSKIE BUD 2 L.405
02-486 WARSZAWA
Tel. 022/8623250
Fax. 022/8623758
http:// www.zas-herbaty.com.pl
E-mail: zas-pol@zas-herbaty.com.pl
Mail address:
OWALNA 7A
02-467 WARSZAWA
BASIC DATA
REGONCODE 010097718
VAT: 522-01-04-833
Nationwide Court Register KRS 0000111487
Legal form: LIMITED LIABILITY COMPANY
Status: ACTIVE
Start of activity: 1992/11/
Registering agency COURT OF COMMERCE,
Type :
Date of registration: 2002/06/10
NACE code 15.86
Processing of tea and coffee
NACE code 51.37
Wholesale of coffee, tea, cocoa and spices
Import
Region AZJ
HS/CN code 09------
COFFEE, TEA, MATE AND SPICES
ORGANIZATIONAL-LEGAL
DATA
Register
capital:
Value : 360000.00
PLN
Number of shares: 720
SHAREHOLDER
Surname : KORNACKA
Names : DOROTA
MARIA
PESEL :
60052103427
Citizenship :
Addr.:
Country code :
Zip code : 02-674
City :
WARSZAWA
Street : POPULARNA 32
M.2
Value : 70000.00
PLN
Quant : 140
SHAREHOLDER:
Surname :
SUCHAŃSKI
Names : ZENON
JAN
PESEL :
34062302316
Citizenship :
Addr.:
Country code :
Zip code : 02-674
City : WARSZAWA
Street : POPULARNA 32 M.1
Value : 220000.00 PLN
Quant : 440
SHAREHOLDER:
Surname : SUCHAŃSKI
Names : ADAM FRANCISZEK
PESEL :
56060403592
Citizenship :
Addr.:
Country code :
Zip code : 02-674
City : WARSZAWA
Street : BOGATYŃSKA 6 M.5
Value : 70000.00 PLN
Quant : 140
MANAG.:
PRESIDENT OF THE BOARD
Representation : SOLE
SIGNATURE
Surname :
SUCHAŃSKI
Names : ZENON JAN
PESEL :
34062302316
Citizenship :
Addr.:
Country code :
Zip code : 02-674
City : WARSZAWA
Street : POPULARNA 32 M.1
Other directorship : Partner -
ZAS PRZEDSIĘBIORSTWO OBROTU TOWARAMI IMPORTOWANYMI –
Z.I.A. Suchańscy Spółka Jawna
MANAG.:
MEMBER OF THE BOARD
Representation : SOLE
SIGNATURE
Surname : SUCHAŃSKI
Names : ADAM
FRANCISZEK
PESEL :
56060403592
Citizenship :
Addr.:
Country code :
Zip code : 02-674
City :
WARSZAWA
Street : BOGATYŃSKA 6 M.5
Other directorship : Partner -
ZAS PRZEDSIĘBIORSTWO OBROTU TOWARAMI IMPORTOWANYMI –
Z.I.A.
Suchańscy Spółka Jawna
MANAG.:
MEMBER OF THE BOARD
Representation : SOLE
SIGNATURE
Surname : KORNACKA
Names : DOROTA MARIA
PESEL : 60052103427
Citizenship :
Addr.:
Country code :
Zip code : 02-674
City : WARSZAWA
Street : POPULARNA 32 M.2
SHARES IN OTHER
COMPANIES
No data
EMPLOYMENT
Total (MIN MAX) Productive(MIN
MAX) Unprod.(MIN MAX) DATE FROM DATE TO
90-90 - - 2006/01/01-2006/12/31
90-90 - - 2005/01/01-2005/12/31
87-87 - - 2004/01/01-2004/12/31
70-70 - - 2003/01/01-2003/12/31
80-80 - - 2002/01/01-2002/12/31
47-47 - - 1998/01/01-1998/12/31
27-27 - - 1997/01/01-1997/12/31
29-29 - - 1996/01/01-1996/12/31
REAL ESTATE
Real estate: GN GROUNDS
OWN: Area from to Value Cur Number of mortgage reg.
- 114778.59
PLN
Real estate: BD BUILDINGS AND
CONSTRUCTIONS
OWN: Area from to Value Cur Number of mortgage reg.
- 343124.77 PLN
SALES
2006/01/01 - 2006/12/31
15060120.42
2005/01/01 - 2005/12/31
17116287.75
2004/01/01 - 2004/12/31
16760000.00
2003/01/01 - 2003/12/31
17758038.82
2002/01/01 - 2002/12/31
18269856.00
1998/01/01 - 1998/12/31
23300000.00
1997/01/01 - 1997/12/31
18400000.00
1996/01/01 - 1996/12/31
15100000.00
FINANCIAL DATA
Financial
statement as on
2005/12/31 2006/12/31
ASSETS
A. Total non-current assets:
3426147.49 2632919.72
I.Intangible assets:
0.00 55545.00
1.Costs of development activities: 0.00 0.00
2.Goodwill:
0.00 0.00
3.Other intangible fixed assets: 0.00 0.00
4.Prepayments for intangible assets: 0.00 0.00
II.Fixed assets:
3408416.49 2577374.72
1.tangible fixed assets: 2414497.49 2577374.72
a)land:
121060.75 114778.59
b)buildings:
407851.79 343124.77
c)machinery and equipment:
1803095.36 2019868.26
d)vehicles:
59058.74 56976.46
e)other tangible fixed assets: 23430.85 42626.64
2.Investments in progress:
993919.00 0.00
3.Investments in progress paid on
accounts:
0.00 0.00
III.Long-term receivables: 0.00 0.00
1.From related companies:
0.00 0.00
2.From other companies:
0.00 0.00
IV.Long-term investments:
0.00 0.00
1.Real-estate property:
0.00 0.00
2.Intangible assets: 0.00 0.00
3.Long-term financial assets:
0.00 0.00
a)in related companies:
0.00 0.00
- shares:
0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans: 0.00 0.00
- other long-term financial
assets:
0.00 0.00
b)in other companies:
0.00 0.00
- shares: 0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other long-term financial
assets:
0.00 0.00
4.Other long-term investments:
0.00 0.00
V.Long-term interperiod settlements: 17731.00 0.00
1.Assets from deffered income tax: 17731.00 0.00
2.Others:
0.00 0.00
B. Current assets:
9542404.36 8629124.73
I.Inventory
4221218.97 3729404.26
1.Materials: 0.00 0.00
2.Semi-products and work in
progress:
0.00 0.00
3.Finished goods:
0.00 0.00
4.Products:
4221218.97 3729404.26
5.Advance payment for delivery: 0.00 0.00
II.Accounts receivable: 3349254.69 3426778.69
1.From related companies:
0.00 0.00
a)trade receivables:
0.00 0.00
- within 12 months:
0.00 0.00
- more than 12 months:
0.00 0.00
b)others:
0.00 0.00
2.From other companies:
3349254.69 3426778.69
a)trade receivables:
3111726.29 0.00
- within 12 months: 0.00 3227152.52
- more than 12 months:
0.00 0.00
b)tax and social receivables:
182124.24 119292.46
c)other receivables:
55404.16 16065.00
d)accounts receiv. result. from
disputable claims:
0.00 64268.71
III.Short-term investments:
1943838.84 1445127.74
1.Short-term financial assets:
0.00 0.00
a)in related companies:
0.00 0.00
- shares:
0.00 0.00
- other commercial papers: 0.00 0.00
- provided loans:
0.00 0.00
- other short-term financial
assets:
0.00 0.00
b)in other companies: 0.00 0.00
- shares:
0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other short-term financial
assets:
0.00 0.00
c)cash and other cash assets: 1943838.84 1445127.74
- cash in hand and at bank: 1943838.84 1445127.74
- other cash means:
0.00 0.00
- other cash assets:
0.00 0.00
2.Other short-term investments: 0.00 0.00
IV.Short-term interperiod settlements: 28091.86 27814.04
Total assets
(A+B):
12968551.85 11262044.45
LIABILITIES
A. Net worth: 9166354.55 8943132.14
I.Issued capital:
360000.00 360000.00
II.Outstanding but unpaid contribution for
share: 0.00 0.00
III.Entity's own capital (negative): 0.00 0.00
IV.Reserve capital:
7172085.46 8206354.55
V.Revaluation reserve: 0.00 0.00
VI.Other reserve capitals:
0.00 0.00
VII.Profit/loss brutto forward:
0.00 0.00
VIII.Net financial result for the year: 1634269.09 376777.59
IX.Write-offs from net profit:
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0.00 0.00
B.Liabilities & reserves:
3802197.30 2318912.31
I.Reserve for liabilities:
141918.00 12812.00
1.Reserves for deffered income tax: 141918.00 12812.00
2.Reserves for retirement and
similar:
0.00 0.00
- long-term:
0.00 0.00
- short-term:
0.00 0.00
3.Other reserves:
0.00 0.00
- long-term: 0.00 0.00
- short-term:
0.00 0.00
II.Long-term liabilities:
0.00 0.00
1.To related companies:
0.00 0.00
2.To other companies:
0.00 0.00
a)credits and loans: 0.00 0.00
b)commercial papers:
0.00 0.00
c)other financial liabilities: 0.00 0.00
d)other long-term liabilities: 0.00 0.00
III.Short-term liabilities:
3321163.60 1885111.41
1.To related companies: 0.00 0.00
a)trade payable:
0.00 0.00
- within 12 months:
0.00 0.00
- more than 12 months:
0.00 0.00
b)other:
0.00 0.00
2.To other companies:
2977587.05 1551912.52
a)bank loans:
0.00 0.00
b)commercial papers:
0.00 0.00
c)other financial liabilities: 0.00 0.00
d)trade payables:
2028203.53 1430933.62
- within 12 months:
2028203.53 0.00
- more than 12 months:
0.00 0.00
e)supplies paid on account:
0.00 0.00
f)notes payable: 0.00 0.00
g)tax & social securities:
51251.09 85257.00
h)payroll payable:
42189.78 35721.90
i)other short-term liabilities: 855942.65 0.00
3.Special funds:
343576.55 333198.89
IV.Accrued liabilities:
339115.70 420988.90
1.Negative goodwill:
0.00 0.00
2.Other:
339115.70 420988.90
- long-term: 274115.70 0.00
- short-term:
65000.00 0.00
Total liabilties (A+B):
12968551.85 11262044.45
Financial statement as on
2002/12/31 2003/12/31
ASSETS
A. Total non-current assets:
2230358.47 2095166.17
I.Intangible assets: 500.00
3.Other intangible fixed assets: 500.00
II.Fixed assets:
2224657.82 2088481.21
1.tangible fixed assets:
2224657.82 2088481.21
a)land:
32800.00 119361.05
b)buildings:
668173.26 551506.20
c)machinery and equipment:
1232325.96 1203994.14
d)vehicles:
285582.84 198142.01
e)other tangible fixed assets: 5775.76 15477.81
V.Long-term interperiod settlements: 5200.65 6684.96
1.Assets from deffered income tax: 5200.65 6684.96
B. Current assets:
8537291.15 8605959.25
I.Inventory
4143863.39 3308390.29
4.Products: 4143863.39 3308390.29
II.Accounts receivable:
3172019.14 4190042.72
2.From other companies:
3172019.17 4190042.72
a)trade receivables:
0.00 3966976.72
- within 12 months:
2948869.82 3966976.72
- more than 12 months: 0.00
b)tax and social receivables:
97934.72 5277.13
c)other receivables:
125214.63 217788.87
d)accounts receiv. result. from
disputable claims: 0.00
III.Short-term investments:
1205068.70 1084609.63
1.Short-term financial assets:
1205068.70 1084609.63
c)cash and other cash assets: 1205068.70 1084609.63
- cash in hand and at bank: 1205068.70 1084609.63
IV.Short-term interperiod settlements: 16339.92 22916.61
Total assets
(A+B):
10767649.62 10701125.42
LIABILITIES
A. Net worth:
6070799.70 7131973.12
I.Issued capital: 360000.00 360000.00
IV.Reserve capital:
4540564.88 5319299.76
V.Revaluation reserve:
100140.00
VII.Profit/loss brutto forward:
44680.00
VIII.Net financial result for the year: 1025414.88 1452673.36
IX.Write-offs from net profit: |
0.00
B.Liabilities & reserves:
4696849.92 3569152.30
I.Reserve for liabilities: 5748.57 5274.13
1.Reserves for deffered income tax: 5748.57 5274.13
II.Long-term liabilities:
0.00 0.00
III.Short-term liabilities:
4455031.14 3187749.48
2.To other companies:
4403316.82 3096213.15
a)bank loans: 936960.26 761460.00
d)trade payables:
2610900.43 1748200.60
- within 12 months:
2610900.43 1748200.60
g)tax & social securities:
64348.92 207709.50
h)payroll payable:
103763.71 59193.05
i)other short-term liabilities: 687343.50 319650.00
3.Special funds:
51714.32 91536.33
IV.Accrued liabilities:
236070.21 376128.69
2.Other: 236070.15
Total liabilties (A+B):
10767649.62 10701125.42
Profit
and loss account (comp)
2005/12/31 2006/12/31
2005/01/01 2006/01/01
A. Net sales of goods and products: 15747357.76 14381237.53
- including to related companies 0.00 0.00
I.Net sales of products:
128317.50 96040.00
II.Change of products : 0.00 0.00
III.Costs of production:
0.00 0.00
IV.Net sale of goods and materials: 15619040.26 14285197.53
B. Operation expenses:
15168336.89 14692628.73
I. Depreciation:
755006.49 902930.61
II. Costs of materials and energy: 561275.28 483177.36
III. Outside services:
2933860.56 3059441.98
IV.Taxes :
79272.69 89143.09
- including excise taxes: 0.00 0.00
V. Salaries:
1801943.09 1789039.42
VI. Social taxes & related:
208844.23 212586.60
VII. Other:
310439.84 341622.17
VIII. Goods and materials sold:
8517694.71 7814687.50
C. Profit (loss) on sale (A-B): 579020.87 -311391.20
D. Other operation incomes:
1286073.25 417923.99
I.Profit from sale of tangible assets: 5568.07 0.00
II.Grants & subsidies: 0.00 0.00
III.Other:
1280505.18 417923.99
E. Other operating costs:
32093.73 33261.14
I.Loss from sale of tangible assets: 0.00 0.00
II.Revaluation of non-financial assets: 0.00 0.00
III.Other:
32093.73 33261.14
F. Profit from operating activity
(C+D-E):
1833000.39 73271.65
G. Financial income:
82856.74 260958.90
I. Dividends: 0.00 0.00
- from subisdiaries and affiliates: 0.00 0.00
II.Interest receivable:
67684.08 57319.63
- from subisdiaries and affiliates: 0.00 0.00
III.Profits from investment transfeered: 0.00 0.00
IV.Revaluation of investments: 0.00 0.00
V.Other:
15172.66 203639.27
H. Financial costs:
118604.04 80807.96
I.Interest payable including: 48203.16 32204.70
- to related companies:
0.00 0.00
II.Loss from invetsments transffered: 0.00 0.00
III.Revaluation of investments:
0.00 0.00
IV.Other:
70400.88 48603.26
I. Profit (loss) from economic activity
(F+G-H): 1797253.09 253422.59
J. Extraordinary items (J.I-J.II): 0.00 0.00
I.Extraordinary incomes:
0.00 0.00
II.Extraordinary losses: 0.00 0.00
K. Gross profit for the year (I+/-J): 1797253.09 253422.59
L. Corporate income tax:
162984.00 0.00
M. Other obligatory charges:
0.00 -123355.00
N. Net profit for the year (K-L-M): 1634269.09 376777.59
Profit
and loss account (comp)
2002/12/31 2003/12/31
2003/01/01
A. Net sales of goods and products: 17233067.06 17015923.34
- including to related companies 0.00 0.00
I.Net sales of products:
0.00 92340.40
II.Change of products :
154966.09 0.00
III.Costs of production: 0.00 0.00
IV.Net sale of goods and materials: 17078100.97 16923582.94
B. Operation expenses:
16424026.73 15667050.98
I. Depreciation: 391491.96 533524.78
II. Costs of materials and energy: 443530.11 421506.30
III. Outside services:
2754109.73 2549378.50
IV.Taxes :
46925.44 82196.26
- including excise taxes:
0.00 0.00
V. Salaries:
1629466.41 1603814.70
VI. Social taxes & related:
177822.95 153234.90
VII. Other:
132197.56 215771.77
VIII. Goods and materials sold: 10848482.57 10107623.77
C. Profit (loss) on sale (A-B):
809040.33 1348872.36
D. Other operation incomes:
817007.81 523551.91
I.Profit from sale of tangible assets: 0.00 0.00
II.Grants & subsidies:
0.00 0.00
III.Other:
817007.81 523551.91
E. Other operating costs:
324280.27 56557.48
I.Loss from sale of tangible assets: 1150.28 0.00
II.Revaluation of non-financial assets: 107257.15 0.00
III.Other:
215872.84 56557.48
F. Profit from operating activity
(C+D-E):
1301767.87 1815866.79
G. Financial income:
212770.53 218563.57
I. Dividends:
0.00 0.00
- from subisdiaries and affiliates: 0.00 0.00
II.Interest receivable:
212770.53 218563.57
- from subisdiaries and affiliates: 0.00
III.Profits from investment transfeered: 0.00
IV.Revaluation of investments:
0.00
V.Other:
0.00
H. Financial costs:
219782.48 192805.43
I.Interest payable including:
0.00 87677.21
- to related companies: 0.00
II.Loss from invetsments transffered: 0.00
III.Revaluation of investments:
0.00
IV.Other:
219782.48 105128.22
I. Profit (loss) from economic activity
(F+G-H): 1294755.92 1841624.93
J. Extraordinary items (J.I-J.II): -35958.55 0.00
I.Extraordinary incomes:
0.00
II.Extraordinary losses:
0.00
K. Gross profit for the year (I+/-J): 1258797.37 1841624.93
L. Corporate income tax:
188154.57 388951.57
M. Other obligatory charges:
45227.92 0.00
N. Net profit for the year (K-L-M): 1025414.88 1452673.36
INDEX ANALYSE
year
2003 2005 2006
CURRENT RATIO (CR)
Current Assets/Current liabilities 2.6996975 2.8732112
4.5775145
QUICK RATIO (QR)
Current Assets-Inventory/Current
liabilities 1.6618523 1.6022051
2.5991676
CASH RATIO (SQR)
Cash/Current liabilities 0.3402431 0.5852885
0.7666007
STOCK TURNOVER/DAY'S SUPPLY IN INVENTORY
Inventory/Turnover x 365 days 70.9666 97.8415 94.6534
CREDITORS DAYS/DAY'S SALES IN RECEIVABLES
Current receivables/Turnover x 365 days 89.8785 77.6307
86.9726
DEBTORS DAYS/DAY'S PURCHASE IN PAYABLES
Current liabilities/Turnover x 365 days 68.379 76.980 47.845
TOTAL INDEBTNESS/DEBT RATIO
Outside capital/Equity capital x 100% 33.4% 293% 20.6%
LONG TERM INDEBTNESS I/LONG TERM DEBT RATIO
I
Longterm liabilities/Equity capital 0.00000 0.00000 0.00000
LONG TERM INDEBTNESS II/LONG TERM DEBT RATIO
II
Longterm liab./Equity cap.+Longterm liab. x
100% 0.0% 0.0%
0.0%
RETURN ON SALES (ROS)
Net profit/Turnover x 100% 8.5% 10.4% 2.6%
RETURN ON ASSETS (ROA) |
Net profit/Total assets x 100% 13.6% 12.6% 3.3%
RETURN ON EQUITY (ROE)
Net profit/Equity capital x 100% 20.4% 17.8% 4.2%
LONG TERM LIABILITIES IN OUTSIDE CAPITAL
Longterm liabilities/Outside capital x
100% 0.0000000 0.0000000
0.0000000
WORKING CAPITAL
Current assets-Current liabilities 5418209.77 6221240.76
6744013.32
WORKING CAPITAL RATIO
Current assets-Current liabilities/Turnover x
100% 31.8% 39.5% 46.9%
HISTORICAL DATA
Address data validity period: 2002/06/
- 2005/12/14
ZAS-POL SPÓŁKA Z O.O.
PŁOCKA 17/141
01-231 WARSZAWA
Tel. 022/8623250
Fax. 022/8623758
http:// www.zas-herbaty.com.pl
E-mail: zas-pol@zas-herbaty.com.pl
Address data validity period: 1992/11/19 - 2002/02/18
ZAS-POL SPÓŁKA Z O.O.
POPULARNA 32
02-473 WARSZAWA
Basic data validity period: 1992/11/19 - 2002/06/10
Legal form: LIMITED LIABILITY COMPANY
Registering agency COURT OF COMMERCE
Type : COMMERCIAL REGISTER
Number RHB 35124
Date of registration: 11/19/1992
PAYMENTS
No significant trade experience has been reported thus far
TRADE PARTNERS
PARTNER:
ZAS PRZEDSIĘBIORSTWO OBROTU TOWARAMI IMPORTOWANYMI-Z.I.A
SUCHAŃSCY SJ
Identifier CEN0003890CK
POPULARNA 32 LOK.1
02-473 WARSZAWA
Tel. 022/8623250
Fax. 022/8623758
http:// www.zas-herbaty.com.pl
E-mail: zaspoti@supermedia.pl
Mail address:
OWALNA 7A
02-467 WARSZAWA
RELATED FIRMS
RELATED FIRMS:
ZAS PRZEDSIĘBIORSTWO OBROTU TOWARAMI IMPORTOWANYMI-Z.I.A
SUCHAŃSCY SJ
Identifier CEN0003890CK
POPULARNA 32 LOK.1
02-473 WARSZAWA
Tel. 022/8623250
Fax. 022/8623758
http:// www.zas-herbaty.com.pl
E-mail: zaspoti@supermedia.pl
Mail address:
OWALNA 7A
02-467 WARSZAWA
PROCEDURES
Officially not available
ADDITIONAL
INFORMATION
Any other information officially not available
BANK
Name: Bank Handlowy w Warszawie SA
Addr.: 00-950 Warszawa
ul.Traugutta 7/9
Account num: 10301016-03109000
EXCHANGE RATES
USD
EUR
29.12.2006 2,9105 3,8312
30.12.2005 3,2613 3,8598
31.12.2004 2,9904 4,0790
31.12.2003 3,7405 4,7170
31.12.2002 3,8388 4,0202
31.12.2001 3,9863 3,5219
CREDIT RATING
We report nothing unfavorable about the Company;
Maximum Credit: 600.000 EUR
Average respite of credit: 30-60 days
all figure quoted in PLN
˙
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)