MIRA INFORM REPORT

 

 

Report Date :

02.04.2011

 

IDENTIFICATION DETAILS

 

Name :

PEIKKO FINLAND OY

 

 

Formerly Known As :

VIPUSEN METALLI OY 

 

 

Registered Office :

Voimakatu 3, 15170, PL 104, 15101, Lahti

 

 

Country :

Finland

 

 

Date of Incorporation :

12.12.2008

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Manufacture of metal structures and parts of structures

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

(€) 50.000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 


NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – December 31, 2010

 

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

Finland

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Top of Form

 

Summary

 

Company Name

Peikko Finland Oy

Company Number

22377677



Trading Name

Peikko Finland Oy

Trade Registry Number

 

 

Company Name

Peikko Finland Oy

Business ID

22377677

 

Previous Name

Vipusen Metalli Oy 

 

 

 

Telephone Number

03844511

Registered Address

Voimakatu 3, 15170, LAHTI

 

Fax Number

037330152

Visiting Address

Voimakatu 3, 15170, LAHTI

 

Home Municipality

Lahti

Postal Address

PL 104, 15101, LAHTI

 

Incorporation Date

12.12.2008

Branches

1  

 

Company Type

Limited company

Website Address

www.peikko.com

 

Primary Sic Code

25110

Accountant

PricewaterhouseCoopers Oy

Primary Sic Description

Manufacture of metal structures and parts of structures

Last Accounts Date

31.12.2009

 

 

Share Capital (€)

2.500

Holding Company

PEIKKO GROUP OY

 

 

Deals in importing

No

Foreign Ownership

No

 

 

Deals in exporting

No

Currency

EUR

 

 

 

Credit Indicator & Limit

 

Today’s Limit (€)

50.000

 

Key Financials

 

Year

31.12.2009

%

31.12.2008

%

 

%

 

Turnover (€)

41.555.000

 

20-100 million

 

 

 

 

Result After Taxes(€)

812.000

 

0

 

 

 

 

Total Assets(€)

25.399.060

999.9%

2.510

 

 

 

 

Number of Employees

305

 

250-499

 

 

 

 

Estimated Shareholders Funds

10.413.615

999.9%

2.510

 

 

 

 

 


Ratios

 

Year

31.12.2009

 

31.12.2008

 

 

 

 

Solvency Ratio

41% 

 

100% 

 

 

 

 

 

 

 

Exceptionally Low Indebtedness

 

 

 

 

Operating Result Ratio

6,50

 

 

 

 

 

 

Turnover Employee Ratio

13.625,00

 

160,21

 

 

 

 

 

Solvency Ratio Definitions

 

Solvency Ratio is calculated as:

Shareholders Funds
      Total Assets

 

Shareholder Information

 

Year

31.12.2009

Total Value of Shares

2.500

Number of Shares

50

Value of Shares

50

 

Registrations in Force

 

 

State

Registration Date

Tax Administration

Registered

12.12.2008

Trade Register

Registered

12.12.2008

Employer Register

Registered

01.01.2009

Prepayment Register

Registered

01.01.2009

Value Added Tax-Liability

VAT-liable for business activity

01.01.2009

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.65

UK Pound

1

Rs.71.93

Euro

1

Rs.63.24

 

 

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

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

--

NB

                                       New Business

 

--

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.