MIRA INFORM REPORT
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Report Date : |
24.03.2011 |
IDENTIFICATION DETAILS
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Name : |
TERVAKOSKI OY |
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Formerly Known As : |
TBG Nordic Oy |
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Registered Office : |
Vähikkäläntie 1, 12400, Tervakoski |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
09.02.1999 |
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Com. Reg. No.: |
15162969 |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacture of paper and paperboard |
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 : |
50.000 (€) |
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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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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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 |
company summary
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Company Name |
Tervakoski Oy |
Company Number |
15162969 |
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Trading Name |
Tervakoski Oy |
Trade Registry Number |
755055 |
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Company Name |
Tervakoski Oy |
Business ID |
15162969 |
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Previous Name |
TBG Nordic Oy |
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Telephone Number |
0197711 |
Registered Address |
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Fax Number |
019771535 |
Visiting Address |
Vähikkäläntie 1, 12400, TERVAKOSKI |
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Janakkala |
Postal Address |
-, -, - |
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Incorporation Date |
09.02.1999 |
Branches |
1 |
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Company Type |
Limited company |
Website Address |
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Primary Sic Code |
17120 |
Accountant |
KPMG Wideri Oy Ab |
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Primary Sic Description |
Manufacture of paper and paperboard |
Last Accounts Date |
31.12.2009 |
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Share Capital (€) |
16.818.793 |
Holding Company |
DELFORTGROUP AG |
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Deals in importing |
Yes |
Foreign Ownership |
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Deals in exporting |
Yes |
Currency |
EUR |
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Credit Limit
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Limit (€) |
50.000 |
Key Financials
|
Year |
31.12.2009 |
% |
31.12.2008 |
% |
31.12.2007 |
% |
31.12.2006 |
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Turnover (€) |
115.962.000 |
-12% |
131.114.000 |
4% |
126.607.000 |
|
127.152.000 |
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Result After Taxes(€) |
1.215.000 |
125% |
-4.878.000 |
62% |
-12.775.000 |
-207% |
-4.164.000 |
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Total Assets(€) |
74.878.000 |
-7% |
80.703.080 |
-5% |
84.975.000 |
-13% |
98.178.780 |
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Number of Employees |
400 |
-8% |
433 |
-8% |
470 |
-3% |
483 |
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Estimated Shareholders Funds |
24.709.740 |
6% |
23.403.893 |
62% |
14.445.750 |
-47% |
27.490.058 |
Ratios
|
Year |
31.12.2009 |
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31.12.2008 |
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31.12.2007 |
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31.12.2006 |
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Solvency Ratio |
33% |
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29% |
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17% |
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28% |
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Moderate Indebtedness |
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Moderate Indebtedness |
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High Indebtedness |
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Moderate Indebtedness |
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Operating Result Ratio |
2,00 |
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-2,80 |
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-8,10 |
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-2,10 |
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Turnover Employee Ratio |
28.991,00 |
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3.028,00 |
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26.938,00 |
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26.325,00 |
Shareholder Information
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Year |
31.12.2009 |
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Total Value of Shares |
16.818.793 |
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Number of Shares |
100.000 |
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Value of Shares |
168.19 |
Registrations in Force
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State |
Registration Date |
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Tax Administration |
Registered |
09.02.1999 |
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Trade Register |
Registered |
09.02.1999 |
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Employer Register |
Registered |
01.03.1999 |
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Prepayment Register |
Registered |
22.03.1999 |
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Value Added Tax-Liability |
VAT-liable for business activity |
17.02.1999 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.96 |
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|
1 |
Rs.73.57 |
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Euro |
1 |
Rs.63.68 |
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 |
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.