MIRA
INFORM REPORT
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Report Date : |
06.09.2007 |
IDENTIFICATION DETAILS
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Name : |
INDURA A/S |
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Registered Office : |
Grønlandsvej 1, 7480 Vildbjerg |
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Country : |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
1988 |
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Com. Reg. No.: |
12419201 |
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Legal Form : |
Limited Company |
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Line of Business : |
Wholesale
hardware, plumbing and heating equip. |
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 |
Main name
INDURA A/S
Main address
GRØNLANDSVEJ 1
City 7480 VILDBJERG
Country
Phone-no. +45-97-133244
Fax-no. +45-97-133595
Nat. partner ID-no.
61866
12419201 A/S
Legal form
Limited company
Company Status
Active
Activity
Activity 51.54 Wholesale hardware, plumbing
and heating equip.
No of employees
empl 16
Management Information
Management
BENT
TRELDAL ANDERSEN
EIGIL
CHRISTENSEN
Board of directors
BENT TRELDAL ANDERSEN (Member of the board)
STEN KIRK LARSEN (Member of the board)
EIGIL CHRISTENSEN (Member of the board)
CARSTEN THYGESEN (Member of the board)
Historical Data
Established 1988
Registered
Credit Facilities
Bankers JYSKE BANK A/S
Financial data
Currency Danish Kroner
Closing date
Source Ann. report Ann. report Ann. report
Ordinary result 3.889.000 2.618.000 2.361.000
Tax 1.102.000 747.000 733.000
Annual result 2.787.000 1.871.000 1.628.000
<* Assets *>
Fixed assets 8.791.000 8.363.000 6.298.000
Current assets 19.639.000 14.888.000
<* Liabilities *>
Equity capital 6.928.000 5.642.000 4.746.000
Share capital
Long-term debts 7.930.000 8.266.000 6.403.000
Short-term debts 13.573.000 9.230.000
<* Company Ratios *>
Gearing I -1.154,21 -643,00 -866,75
Acid test ratio I 144,69 161,30 170,49
Acid test ratio II 48,96 35,42 43,68
Return on investment 16,20 13,74 17,83
Return on equity 56,13 46,40 49,75
Solvency ratio 24,37 24,27 25,91
Property
Property Yes
Property ass.
value 7.834.000 (Annual report)
Mortgaging I No
Corporate Structure
Parent
company STAINLESS STEEL EQUIPMENT A/S (ID:117490) (66%)
Associated
business BTA HOLDING A/S (ID:303962) (34%)
Payment profile
Payment
profile Payment regular
Credit Summary
Risk class Low
Credit limit Estimated 1.500.000
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%)