MIRA
INFORM REPORT
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Report Date : |
14.09.2007 |
IDENTIFICATION DETAILS
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Name : |
ORIENTAL RUG COMPANY APS |
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Registered Office : |
Trongårdsparken 38, 2800 Kgs. Lyngby |
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Country : |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
1987-05-12 |
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Com. Reg. No.: |
10658748 |
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Legal Form : |
Limited Company |
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Line of Business : |
Other retail sale in specialized stores |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Main name
ORIENTAL RUG COMPANY APS
Main address
TRONGÅRDSPARKEN 38
City 2800 KGS. LYNGBY
Country
Phone-no. +45-45-883361
Fax-no. +45-45-873961
Nat. partner ID-no.
43147
10658748 APS
Legal form
Limited company
Company Status
Active
Latest change
2007-09-03
Activity
Activity 52.48 Other retail sale in specialized stores
No of employees
empl 7
Management Information
Management MOHAMMAD MANSOOR
Board of directors THOMAS MAUDOOD MANSOOR (Member of the board)
RIFFAT NARGIS MANSOOR (Member of the board)
MOHAMMAD MANSOOR (Member of the board)
Historical Data
Established 1987
Registered 1987-05-12
Credit Facilities
Bankers DANSKE BANK HELLERUP AFDELING STRANDVEJEN 80,
- POSTBOX 52 2900 HE
Financial data
Currency Danish Kroner
Closing date
Source Ann. report Ann. report Ann. report
Ordinary result 825.000 569.000 497.000
Annual result 825.000 569.000 497.000
<* Assets *>
Fixed assets 138.000 158.000 172.000
Current assets 8.525.000 9.274.000 7.565.000
<* Liabilities *>
Equity capital 4.128.000 3.303.000 2.734.000
Share capital 400.000 400.000 400.000
Short-term debts 4.534.000 6.129.000 5.003.000
Company Ratios
Gearing I 113,63 194,88 195,28
Acid test ratio I 188,02 151,31 151,21
Acid test ratio II 51,94 56,22 61,86
Return on investment 9,74 5,30 5,14
Return on equity 19,99 17,23 18,18
Solvency ratio 47,65 35,02 35,34
Property
Property No
Corporate Structure
Shareholder MANSOOR HOLDING APS (ID:801887) (Shareholder)
TAHIR MAUDOOD (Shareholder)
Payment profile
Payment profile Payment regular
Credit Summary
Risk class
Credit limit Estimated 800.000
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%)