MIRA INFORM REPORT
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Report Date : |
02.12.2011 |
IDENTIFICATION DETAILS
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Name : |
SOLLAARI OY |
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Registered Office : |
Pirkkalaistori 1, 2.Kerros, 37100, Nokia |
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Country : |
Finland |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
19.02.2009 |
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Legal Form : |
Limited Company |
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Line of Business : |
Wholesale of chemical products |
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No. of Employees
: |
2 Persons |
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 : |
12.500(€) |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Finland |
a2 |
A2 |
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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 |
REGISTERED NAME & COMPANY
SUMMARY
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Trading Name |
Sollaari Oy |
Trade Registry Number |
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Company Name |
Sollaari Oy |
Business ID |
22510335 |
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Previous Name |
--- |
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Telephone Number |
033420941 |
Registered Address |
Pirkkalaistori 1, 2.kerros, 37100, NOKIA |
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Fax Number |
033420951 |
Visiting Address |
Pirkkalaistori 1 2. krs, 37100, NOKIA |
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Home Municipality |
Nokia |
Postal Address |
--- |
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Incorporation Date |
19.02.2009 |
Branches |
1 |
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Company Type |
Limited company |
Website Address |
--- |
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Primary Sic Code |
46750 |
Accountant |
Termäs Kari Sakari |
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Primary Sic Description |
Wholesale of chemical products |
Last Accounts Date |
31.12.2010 |
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Share Capital (€) |
15.000 |
Holding Company |
--- |
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Deals in importing |
No |
Foreign Ownership |
--- |
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Deals in exporting |
No |
Currency |
EUR |
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CREDIT RECOMENDATION
Current Credit Limit: 12.500(€)
DIRECTORS/MANAGEMENT
Current Directors
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Name |
Solin Timo Pertti |
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Date of Birth |
07.07.1961 |
Appointment Date |
19.02.2009 |
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Nationality |
FINLAND |
Function |
Actual Member of Board |
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Name |
Solin Timo Pertti |
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Date of Birth |
07.07.1961 |
Appointment Date |
04.12.2009 |
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Nationality |
FINLAND |
Function |
Managing director |
Other Company
Officials
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Name |
Solin Kirsi Maaret |
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Date of Birth |
22.02.1965 |
Appointment Date |
19.02.2009 |
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Nationality |
FINLAND |
Function |
Alternate Member of Board |
NEGATIVE INFORMATION
Na
SHARE & SHARE CAPITAL
INFORMATION
Shareholder
Information
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Year |
31.12.2010 |
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Total Value of Shares |
15.000 |
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Number of Shares |
10.000 |
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Value of Shares |
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PAYMENT INFORMATION
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Deals in importing |
No |
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Deals in exporting |
No |
GROUP STRUCTURE & AFFILIATED
COMPANIES
Na
FINANCIAL INFORMATION
Key Financials
|
Year |
31.12.2010 |
% |
31.12.2009 |
% |
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% |
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Turnover (€) |
3.262.000 |
245% |
946.000 |
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Result After Taxes(€) |
179.000 |
44% |
124.000 |
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Total Assets(€) |
775.000 |
18% |
654.630 |
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Number of Employees |
2 |
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1-4 |
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Estimated Shareholders Funds |
310.000 |
126% |
137.472 |
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Ratios
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Year |
31.12.2010 |
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31.12.2009 |
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Solvency Ratio |
40% |
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21% |
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Moderate Indebtedness |
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Moderate Indebtedness |
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Operating Result Ratio |
8,20 |
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18,90 |
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Turnover Employee Ratio |
1.631,00 |
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378,40 |
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FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
Registrations in Force
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State |
Registration Date |
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Tax Administration |
Registered |
25.02.2009 |
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Trade Register |
Registered |
19.02.2009 |
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Employer Register |
Registered |
01.03.2009 |
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Prepayment Register |
Registered |
01.03.2009 |
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Value Added Tax-Liability |
VAT-liable for business activity |
09.02.2009 |
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.65 |
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UK Pound |
1 |
Rs.81.06 |
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Euro |
1 |
Rs.69.51 |
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.