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MIRA INFORM
REPORT
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Report Date : |
12.08.2011 |
IDENTIFICATION DETAILS
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Name : |
BRUNVOLL AS |
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Registered Office : |
Strandgata 4-6, Molde, 6415 |
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Country : |
Norway |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Private Independent Company |
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Line of Business : |
Manufacture of thrusters and thruster control systems; drive system
packages |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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Litigation : |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Norway |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Bottom of Form
Brunvoll AS
Strandgata 4-6
Molde, 6415
Norway
Tel: 47 71 21 96 00
Fax: 47 71 21 96 90
Web: www.brunvoll.no
Employees: 237
Company Type: Private Independent
Financials in: USD
(Millions)
Fiscal Year End:
31-Dec-2009
Reporting Currency:
Norwegian Krone
Annual Sales: 124.7
Total Assets: NA
Manufacture of thrusters and thruster control systems; drive system
packages
Industry
Industry Miscellaneous Capital Goods
ANZSIC 2006: 2499 - Other
Machinery and Equipment Manufacturing Not Elsewhere Classified
NACE 2002: 2914 - Manufacture
of bearings, gears, gearing and driving elements
NAICS 2002: 333612 - Speed
Changer, Industrial High-Speed Drive, and Gear Manufacturing
UK SIC 2003: 2914 - Manufacture
of bearings, gears, gearing and driving elements
US SIC 1987: 3566 - Speed
Changers, Industrial High-Speed Drives, and Gears
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Name |
Title |
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Terje Dyrseth |
Managing Director |
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Olav Myrland |
Finance Director |
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BÃ¥rd Brunvoll |
Purchasing Manager |
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Magnar Voll |
IT Manager |
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Trond Brunvoll |
Human Resources Manager |
1 - Profit & Loss Item Exchange Rate: USD 1 = NOK 6.287787
2 - Balance Sheet Item Exchange Rate: USD 1 = NOK 5.7768
Location
Strandgata 4-6
Molde, 6415
Norway
Tel: 47 71 21 96 00
Fax: 47 71 21 96 90
Web www.brunvoll.no
Sales NOK(mil): 784.0
Assets NOK(mil): NA
Employees: 237
Fiscal Year End: 31-Dec-2009
Industry: Miscellaneous
Capital Goods
Company Type: Private
Independent
Quoted Status: Not
Quoted
Managing Director: Terje
Dyrseth
Contents
· Industry Codes
· Business Description
· Financial Data
Industry Codes
ANZSIC 2006 Codes:
2499 - Other Machinery and Equipment Manufacturing Not Elsewhere
Classified
NACE 2002 Codes:
2914 - Manufacture of bearings, gears, gearing and driving
elements
NAICS 2002 Codes:
333612 - Speed Changer, Industrial High-Speed Drive, and Gear
Manufacturing
US SIC 1987:
3566 - Speed Changers, Industrial High-Speed Drives, and Gears
UK SIC 2003:
2914 - Manufacture of bearings, gears, gearing and driving
elements
Business
Description
Manufacture of thrusters and thruster control systems; drive system
packages
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Board of
Directors |
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Chairman |
Chairman |
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Executives |
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Managing Director |
Managing Director |
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Finance Director |
Finance Executive |
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Human Resources Manager |
Human Resources Executive |
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IT Manager |
Engineering/Technical Executive |
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Purchasing Manager |
Purchasing Executive |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.27 |
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UK Pound |
1 |
Rs.73.34 |
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Euro |
1 |
Rs.64.58 |
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 |
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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NB |
New Business |
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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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.