MIRA
INFORM REPORT
|
Report Date : |
31.07.2008 |
IDENTIFICATION
DETAILS
|
Name : |
RUKO A/S |
|
|
|
|
Registered Office : |
Marielundvej 20
2730 Herlev |
|
|
|
|
Country : |
Denmark |
|
|
|
|
Financials (as on) : |
31.12.2007 |
|
|
|
|
Date of Incorporation : |
1964 |
|
|
|
|
Com. Reg. No.: |
1941-05-02 |
|
|
|
|
Legal Form : |
Limited company |
|
|
|
|
Line of Business : |
Manufacture of
Locks and Hinges |
RATING &
COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
DK 10.000.000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
Company
ID
Main name RUKO A/S
Main address MARIELUNDVEJ
20
City 2730
HERLEV
Country Denmark
Phone-no. +45-44-544454
Fax-no. +45-44-544444
Nat. partner ID-no. 165878
ID-/Reg.-no. 63989010
A/S
Legal form Limited company
Company Status Active
Activity
Activity 25.72 Manufacture of locks and hinges
No of employees empl 251
Management
Information
Management MOGENS AHRENS JENSEN (Managing
director)
Board of directors THOR ARNE JENSEN (Chairman of the board)
MOGENS AHRENS JENSEN (Member of the
board)
DAN PETER ENQUIST (Member of the board)
MICHAEL FRANS WITTING (Member of the
board)
PIA STOKLUND WALLING (Member of the
board)
Historical
Data
Established 1964
Registered 1941-05-02
Credit
Facilities
Bankers DANSKE BANK HERLEV AFDELING
HERLEV TORV 17 2730
- HERLEV
Financial
data
Currency Danish Kroner
Closing date
2007-12-31 2006-12-31 2005-12-31
Source Ann. report Ann. report
Ann. report
Turnover 408.561.000 353.304.000
317.005.000
Costs 351.071.000 298.191.000
288.459.000
Ordinary result 68.733.000
64.158.000 36.093.000
Tax 16.090.000 17.391.000
9.618.000
Annual result 52.643.000
46.767.000 26.475.000
<* Assets *>
Fixed assets 46.533.000
46.393.000 53.339.000
Current assets 204.483.000
183.747.000 176.625.000
<* Liabilities *>
Equity capital 191.264.000
171.621.000 158.854.000
Share capital 10.000.000
10.000.000 10.000.000
Short-term debts 56.308.000
54.236.000 71.110.000
<* Company Ratios *>
Gearing I 38,91 43,31
67,39
Acid test ratio I 363,15
338,79 248,38
Acid test ratio II 254,80
252,42 185,37
Return on investment 22,90 23,95
12,41
Return on equity 35,94 37,38 22,72
Solvency ratio 76,20 74,57
69,08
Property
Property Yes
Property ass. value 14.411.000 (Annual report)
Mortgaging I No
Corporate
Structure
Parent company ASSA ABLOY DANMARK
A/S (ID:946438) (100%)
Subsidiaries FIX A/S (ID:48533) (100%)
Secondary names(s) A2 SOFTWARE A/S
ABLOY
SECURITY A/S
ASSA-RUKO
A/S
DANSK EL-L AF 1997 A/S
FUNXION
A/S
Payment
profile
Payment profile Payment regular
Credit
Summary
Risk class Very low
Credit limit Estimated 10.000.000
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.42.37 |
|
UK Pound |
1 |
Rs.84.00 |
|
Euro |
1 |
Rs.65.96 |
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%)