MIRA
INFORM REPORT
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Report Date : |
19.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
LABORATOIRES
JUVA PRODUCTIONS |
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Registered Office : |
Rue Avogadro 57460 Behren Les Forbach |
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Country : |
France |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
04.03.1993 |
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Com. Reg. No.: |
93B00100, SARREGUEMINES |
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Legal Form : |
Public Limited Company |
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Line of Business : |
Manufacture of Homogenized Food Preparations and Dietetic Food |
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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Maximum Credit Limit : |
EUR 150000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & addres
LABORATOIRES JUVA
PRODUCTIONS
RUE AVOGADRO
57460 BEHREN
LES FORBACH FR
Tel. Number
+33-3-87292110
Fax number
+33-3-87842125
Business founded
04 March 1993
Business registered
13 April 1993 -
Public limited company (no information regarding quotation)
Registration number
93B00100,
SARREGUEMINES,
party identification
390809440,
Legal form
Public limited
company (no information regarding quotation)
Activities
Manufacture of
homogenized food preparations and dietetic food
Payment experience
Payment regular
Credit opinion
High creditworthiness
Maximum credit limit 150000 EUR is advised
The export volume in percentage of total sales for the company. 0,19
Financial structure (balance sheet analysis) : Good
Cash situation (balance sheet analysis) : Good
Profitability
(balance sheet analysis) : Good
Commitments
(regarding contractual obligations) : Fulfilled („respectés“)
Payment
defaults : None
Employees (Business)
65
Total number of shareholders
1
Total share capital08 January
2007
EUR 442006
Bank
BNP 57
FORBACH
Board members
LE LE LOUS
HERVE President
Management
MOUSTIAL
PIERRE Managing director
Parent company
339684060 JUVA 97,00
%
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The business owns or partly owns one or more pieces of land and
buildings? Yes(Property) |
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Turnover for the period: 00 0000 - 31 December 2006 in
EUR 13.503.995,00 |
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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 December 2006 in
EUR |
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Total assets incl. prepaid expenses and accrued income |
8.725.701,- |
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Total fixed assets |
2.145.423,- |
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Total intangible fixed assets |
5.862,- |
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Concessions and industrial rights, goodwill |
5.862,- |
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Total tangible fixed assets |
2.138.689,- |
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Land and buildings |
1.688.940,- |
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Plant, machinery and equipment |
327.684,- |
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Total financial fixed assets |
872,- |
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Total Current assets |
6.580.276,- |
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Inventories and work in progress (incl. prepayments) |
1.846.714,- |
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Accounts receivable (trade) |
2.944.605,- |
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Investments (short-term) |
1.306.297,- |
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Cash in hand and at bank |
7.763,- |
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Total accrued income and prepaid expenses |
126.975,- |
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Total equity, provisions, liabilities, accrued expenses and deferred income |
8.725.701,- |
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Total equity (Shareholders' funds) |
3.518.351,- |
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Issued (subscribed) capital |
442.006,- |
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Share premium account (capital reserve) |
1.740.994,- |
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Legal reserves |
18.300,- |
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Profit or loss carried forward |
595.559,- |
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Profit or loss for the previous year |
593.877,- |
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Profit or loss for the financial year |
522.553,- |
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Total liabilities |
5.207.349,- |
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Total long-term liabilities |
2.113.674,- |
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Long-term Loans, Mortgage debts |
23.407,- |
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Long-term liabilities to credit institutions |
2.090.267,- |
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Total current liabilities |
3.093.675,- |
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Current accounts payable (trade) |
2.391.584,- |
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Income and social tax liabilities |
636.056,- |
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Borrowing ratio |
148,01 % |
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Current ratio |
212,70 % |
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Debt gearing |
60,08 % |
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Profit margin. |
7,23 % |
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Quick ratio |
153,01 % |
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Return on assets |
11,19 % |
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Return on equity. |
14,85 % |
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Solidity or equity ratio |
40,32 % |
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Corporate profit
and loss account for the year: 00 0000 - 31 December 2006 in
EUR |
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Total operating income/revenue |
13.960.713,- |
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Main revenue (sales/turnover) |
13.503.995,- |
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Total operating expenses |
12.984.288,- |
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Personnel costs |
1.410.380,- |
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Depreciation |
437.677,- |
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Operating profit or loss |
976.428,- |
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Financial income |
11.564,- |
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Financial expenses |
125.428,- |
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Result of ordinary operations |
862.564,- |
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Extraordinary income |
48.449,- |
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Extraordinary expenses |
78.495,- |
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Extraordinary result |
-30.046,- |
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Pre-tax and pre-appropriation profit or loss |
862.561,- |
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Taxes |
233.618,- |
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Net profit or loss |
522.553,- |
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Turnover for the period: 00 0000 - 31 December 2005 in
EUR 13.621.338,00 |
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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 December 2005 in
EUR |
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Total assets incl. prepaid expenses and accrued income |
8.076.447,- |
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Total fixed assets |
2.420.692,- |
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Total intangible fixed assets |
4.810,- |
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Concessions and industrial rights, goodwill |
4.810,- |
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Total tangible fixed assets |
2.415.011,- |
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Land and buildings |
1.929.085,- |
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Plant, machinery and equipment |
346.014,- |
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Total financial fixed assets |
872,- |
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Total Current assets |
5.655.754,- |
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Inventories and work in progress (incl. prepayments) |
1.551.519,- |
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Accounts receivable (trade) |
2.719.898,- |
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Investments (short-term) |
1.054.059,- |
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Cash in hand and at bank |
11.569,- |
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Total accrued income and prepaid expenses |
154.171,- |
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Total equity, provisions, liabilities, accrued expenses and deferred
income |
8.076.447,- |
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Total equity (Shareholders' funds) |
1.025.481,- |
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Issued (subscribed) capital |
183.000,- |
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Legal reserves |
18.300,- |
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Profit or loss carried forward |
1.682,- |
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Profit or loss for the previous year |
364.604,- |
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Profit or loss for the financial year |
593.877,- |
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Total liabilities |
7.050.966,- |
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Total long-term liabilities |
3.951.304,- |
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Long-term Loans, Mortgage debts |
1.400.840,- |
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Long-term liabilities to credit institutions |
2.550.464,- |
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Total current liabilities |
3.099.661,- |
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Current accounts payable (trade) |
2.482.024,- |
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Income and social tax liabilities |
613.975,- |
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Borrowing ratio |
687,58 % |
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Current ratio |
182,46 % |
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Debt gearing |
385,31 % |
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Profit margin. |
7,31 % |
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Quick ratio |
132,41 % |
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Return on assets |
12,32 % |
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Return on equity. |
57,91 % |
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Solidity or equity ratio |
12,70 % |
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Corporate profit
and loss account for the year: 00 0000 - 31 December 2005 in
EUR |
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Total operating income/revenue |
13.738.624,- |
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Main revenue (sales/turnover) |
13.621.338,- |
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Total operating expenses |
12.743.328,- |
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Personnel costs |
1.427.191,- |
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Depreciation |
441.210,- |
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Operating profit or loss |
995.296,- |
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Financial income |
9.659,- |
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Financial expenses |
137.709,- |
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Result of ordinary operations |
867.246,- |
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Extraordinary income |
216.885,- |
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Extraordinary expenses |
59.739,- |
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Extraordinary result |
157.146,- |
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Pre-tax and pre-appropriation profit or loss |
867.245,- |
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Taxes |
314.805,- |
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Net profit or loss |
593.877,- |
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Turnover for the period: 00 0000 - 31 December 2004 in
EUR 13.453.748,00 |
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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 December 2004 in EUR |
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Total assets incl. prepaid expenses and accrued income |
7.591.865,- |
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Total fixed assets |
2.770.483,- |
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Total intangible fixed assets |
6.829,- |
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Concessions and industrial rights, goodwill |
6.829,- |
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Total tangible fixed assets |
2.762.782,- |
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Land and buildings |
2.180.259,- |
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Plant, machinery and equipment |
426.416,- |
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Total financial fixed assets |
872,- |
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Total Current assets |
4.821.382,- |
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Inventories and work in progress (incl. prepayments) |
1.672.036,- |
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Accounts receivable (trade) |
2.752.046,- |
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Cash in hand and at bank |
8.318,- |
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Total accrued income and prepaid expenses |
160.153,- |
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Total equity, provisions, liabilities, accrued expenses and deferred
income |
7.591.865,- |
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Total equity (Shareholders' funds) |
759.660,- |
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Issued (subscribed) capital |
183.000,- |
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Legal reserves |
18.300,- |
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Profit or loss carried forward |
3.078,- |
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Profit or loss for the financial year |
364.604,- |
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Total liabilities |
6.832.206,- |
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Total long-term liabilities |
3.821.980,- |
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Long-term Loans, Mortgage debts |
725.313,- |
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Long-term liabilities to credit institutions |
3.096.667,- |
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Total current liabilities |
3.010.226,- |
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Current accounts payable (trade) |
2.360.889,- |
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Income and social tax liabilities |
612.613,- |
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Borrowing ratio |
899,38 % |
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Current ratio |
160,17 % |
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Debt gearing |
503,12 % |
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Profit margin. |
5,97 % |
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Quick ratio |
104,62 % |
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Return on assets |
10,58 % |
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Return on equity. |
48,00 % |
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Solidity or equity ratio |
10,01 % |
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Corporate profit
and loss account for the year: 00 0000 - 31 December 2004 in
EUR |
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Total operating income/revenue |
13.701.327,- |
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Main revenue (sales/turnover) |
13.453.748,- |
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Total operating expenses |
12.898.126,- |
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Personnel costs |
1.540.209,- |
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Depreciation |
354.421,- |
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Operating profit or loss |
803.200,- |
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Financial income |
16.533,- |
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Financial expenses |
149.646,- |
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Result of ordinary operations |
670.088,- |
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Extraordinary income |
36.424,- |
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Extraordinary expenses |
70.760,- |
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Extraordinary result |
-34.336,- |
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Pre-tax and pre-appropriation profit or loss |
670.088,- |
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Taxes |
190.391,- |
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Net profit or loss |
364.604,- |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.43.23 |
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UK Pound |
1 |
Rs.80.89 |
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Euro |
1 |
Rs.63.80 |
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%)