MIRA
INFORM REPORT
|
Report Date : |
18.10.2011 |
Company name and address
DAVERT GmbH
Company Status: active
Main address:
Ascheberger Str. 2
D 48308 Senden
Telephone:02598/690
Telefax: 02598/69714
Homepage: www.davert-muehle.de
E-mail: info@davert.de
VAT no.
DE231625559
Tax ID number
333/5997/0514
CONCLUSION
Business relations are
permissible.
LEGAL FORM Private
limited company
Date of foundation: 29.12.1983
Shareholders'
agreement: 26.06.2003
Registered on: 25.09.2003
Commercial Register: Local court 48653 Coesfeld
under: HRB
7603
Share capital
EUR 300,000.00
Shareholder
Welke Vermögensverwaltung mbH
Kreuzbauerschaft 79
D 48308 Senden
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 120,000.00
Registered on: 02.04.2001
Reg. data: 48653 Coesfeld, HRB 7452
Shareholder:
AUWA Beteiligungs GmbH
Maschstr. 31
D 49356 Diepholz
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 90,000.00
Registered on: 10.05.2001
Reg. data: 29664 Walsrode, HRB 100359
Shareholder:
Dr.med.dent. Franz Sibbing
Bernhardstr. 25
D 48599 Gronau
born: 03.03.1949
Share: EUR 45,000.00
Shareholder:
Niehoff Holding GmbH
Sunderhooker Weg 6
D 48599 Gronau
Legal form: Private limited company
Share capital: EUR 65,000.00
Share: EUR 45,000.00
Registered on: 11.02.1998
Reg. data: 48653 Coesfeld, HRB 5946
Manager:
Friedrich Niehoff
Beim Bungert 36
D 48599 Gronau
having sole power of representation
born: 30.03.1955
Profession: Fully qualified merchant
Marital status: married
Manager:
Andreas Plietker
Schloßfeld 16
D 48308 Senden
having sole power of representation
born: 30.06.1963
Profession: Fully qualified merchant
Marital status: married
Proxy:
Martin Lücker
Starenstr. 52
D 48599 Gronau
having sole power of representation
born: 07.08.1962
Profession: Businessman
Further functions/participations of
Friedrich Niehoff
(Manager)
Shareholder:
Friedrich Niehoff GmbH
Beim Bungert 36
D 48599 Gronau
Legal form: Private limited company
Share capital: EUR 256,000.00
Share: EUR 172,000.00
Registered
on: 15.01.1979
Reg. data: 48653 Coesfeld,
HRB 5603
Manager:
Friedrich Niehoff GmbH
Beim Bungert 36
D 48599 Gronau
Legal form: Private limited company
Share capital: EUR 256,000.00
Registered
on: 15.01.1979
Reg. data: 48653 Coesfeld,
HRB 5603
COMPANY HISTORY
29.12.1983 -
07.11.2000 Rainer Welke Gesellschaft mit
beschränkter Haftung bis 07.11.2000
Ascheberger Str. 2
D
48308 Senden
Private limited company
07.11.2000 -
01.01.2004 Rainer Welke GmbH & Co.
KG bis
01.01.2004
Ascheberger Str. 2
D
48308 Senden
Ltd partnership with priv. ltd. company
as
general partner
BUSINESS ACTIVITIES
Sectors
10610 Manufacture of grain mill products
46210 Wholesale of grain,
unmanufactured tobacco, seeds and
animal feeds
46382 Wholesale of flour
and grain products
FINANCIAL INFORMATION
Payment experience: cash discount/within agreed terms
Negative information:We
have no negative information at hand.
Maximum credit: 154,000 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Ascheberger Str. 2
D
48308 Senden
Real Estate of: Friedrich Niehoff
Type of ownership: proprietor
Share: 100.00 %
Address Beim Bungert 30
D
48599 Gronau
Type of real estate:
detached single-family house
Land register documents
were not available.
BANKERS
Principal bank
KREISSPARKASSE GRAFSCHAFT
DIEPHOLZ, DIEPHOLZ
Sort. code: 25651325, BIC:
BRLADE21DHZ
Further banks
COMMERZBANK VORMALS
DRESDNER BANK, MÜNSTER, WESTF
Sort. code: 40080040, BIC:
DRESDEFF400
VOLKSBANK SENDEN, SENDEN,
WESTF
Sort. code: 40069546, BIC:
GENODEM1SDN
GLS GEMEINSCHAFTSBANK,
BOCHUM
Sort. code: 43060967, BIC:
GENODEM1GLS
FINANCIAL FIGURES
Gross profit or loss:2009 EUR 7,708,080.00
Profit: 2009 EUR 13,207.00
Equipment: EUR 212,767.00
Ac/ts receivable: EUR 3,225,193.00
Liabillities: EUR 7,817,594.00
Employees: 85
-
thereof permanent staff: 85
BALANCE SHEETS
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 21.36
Liquidity ratio: 0.41
Return on total capital [%]: 0.13
Balance sheet grade: 3.5
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 20.87
Liquidity ratio: 0.39
Return on total capital [%]: 6.94
Balance sheet grade: 3.0
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 18.40
Liquidity ratio: 0.40
Return on total capital [%]: 7.35
Balance sheet grade: 3.0
Equity ratio
The equity ratio indicates
the portion of the equity as compared
to the total capital. The
higher the equity ratio, the better the
economic stability
(solvency) and thus the financial autonomy of
a company.
Liquidity ratio
The liquidity ratio shows the
proportion between adjusted
receivables and net
liabilities. The higher the ratio, the lower
the company's financial
dependancy from external creditors.
Return on total capital
The return on total capital
shows the efficiency and return on
the total capital employed
in the company. The higher the return
on total capital, the more
economically does the company work
with the invested capital.
Balance sheet grade
The balance sheet grade is
based on the following ratios: equity
ratio, liquidity ratio and
return on total capital from the
balance sheets published in
the Federal Gazette.
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 10,337,578.20
Fixed assets
EUR 489,697.50
Intangible assets
EUR 20,436.50
Other / unspecified intangible assetsEUR 20,436.50
Tangible assets
EUR 469,261.00
Land / similar rights
EUR 90,887.00
Plant / machinery
EUR 154,481.50
Other tangible assets / fixtures and
fittings
EUR 212,767.50
Advance payments made / construction
in progress
EUR 11,125.00
Current assets
EUR 9,822,989.15
Stocks
EUR 6,580,937.09
Accounts receivable EUR 3,225,193.13
Other debtors and assets
EUR 3,225,193.13
Liquid means
EUR 16,858.93
Remaining other assets
EUR 24,891.55
Accruals (assets)
EUR 24,891.55
LIABILITIES EUR 10,337,578.20
Shareholders' equity
EUR 2,215,704.12
Capital
EUR 300,000.00
Subscribed capital (share capital)
EUR 300,000.00
Balance sheet profit/loss (+/-)
EUR 1,915,704.12
Balance sheet profit / loss
EUR 1,915,704.12
Provisions EUR 304,280.00
Liabilities
EUR 7,817,594.08
Financial debts
EUR 4,156,031.60
Liabilities due to banks
EUR 4,156,031.60
Other liabilities
EUR 3,661,562.48
Liabilities due to investee companiesEUR 205,000.00
Unspecified other liabilities
EUR 3,456,562.48
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 7,708,080.14
Staff expenses
EUR 3,105,029.19
Wages and salaries
EUR 2,553,727.47
Social security contributions and
expenses
for pension plans and
benefits
EUR 551,301.72
Total depreciation
EUR 215,449.52
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 215,449.52
Other operating expenses
EUR 4,029,107.92
Operating result from continuing
operations
EUR 358,493.51
Interest result (+/-) EUR -302,488.39
Interest and similar income
EUR 13,756.29
Interest and similar expenses
EUR 316,244.68
Other financial result
EUR -627.09
Depreciation on financial assets and
marketable securities
EUR 627.09
Financial result (+/-)
EUR -303,115.48
Result from ordinary operations (+/-)
EUR 55,378.03
Income tax / refund of income tax (+/-)EUR -32,764.84
Other taxes / refund of taxes
EUR -9,406.20
Tax
(+/-)
EUR -42,171.04
Annual surplus / annual deficit
EUR 13,206.99
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 11,034,402.78
Fixed assets
EUR 519,398.15
Intangible assets EUR 26,112.00
Other / unspecified intangible assetsEUR 26,112.00
Tangible assets
EUR 491,445.50
Land / similar rights
EUR 110,301.00
Plant / machinery EUR 228,684.00
Other tangible assets / fixtures and
fittings
EUR 152,460.50
Financial assets
EUR 1,840.65
Other / unspecified financial assets EUR 1,840.65
Current assets
EUR 10,482,556.63
Stocks
EUR 7,177,988.96
Accounts receivable
EUR 3,252,534.15
Other debtors and assets
EUR 3,252,534.15
Liquid means
EUR 52,033.52
Remaining other assets
EUR 32,448.00
Accruals (assets)
EUR 32,448.00
LIABILITIES EUR 11,034,402.78
Shareholders' equity
EUR 2,202,497.13
Capital
EUR 300,000.00
Subscribed capital (share capital)
EUR 300,000.00
Balance sheet profit/loss (+/-)
EUR 1,902,497.13
Balance sheet profit / loss
EUR 1,902,497.13
Provisions
EUR 371,750.00
Liabilities
EUR 8,460,155.65
Financial debts
EUR 3,284,811.73
Liabilities due to banks
EUR 3,284,811.73
Other liabilities
EUR 5,175,343.92
Liabilities
due to investee companiesEUR
205,000.00
Unspecified other liabilities
EUR 4,970,343.92
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 8,881,667.77
Staff expenses
EUR 3,196,996.85
Wages and salaries
EUR 2,625,113.21
Social security contributions and
expenses for pension plans and
benefits EUR 571,883.64
Total depreciation
EUR 232,817.20
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 232,817.20
Other operating expenses
EUR 4,012,009.75
Operating result from continuing
operations
EUR 1,439,843.97
Result from participating interests
(+/-)
EUR 20.80
Expenses / income from participations EUR 20.80
Income from related companies
EUR 20.80
Interest result (+/-)
EUR -305,908.69
Interest and similar income
EUR 18,997.93
Interest and similar expenses
EUR 324,906.62
Other financial result
EUR -5,000.00
Depreciation on financial assets and
marketable securities
EUR 5,000.00
Financial result (+/-)
EUR -310,887.89
Result from ordinary operations (+/-)
EUR 1,128,956.08
Income tax / refund of income tax (+/-)EUR -362,796.73
Other taxes / refund of taxes
EUR -2,411.78
Tax
(+/-)
EUR -365,208.51
Annual surplus / annual deficit
EUR 763,747.57
MIRA
INFORM REPORT
|
Report Date : |
01.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
DAVERT GMBH |
|
|
|
|
Registered Office : |
Ascheberger Str. 2 D 48308 Senden |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
29.12.1983 |
|
|
|
|
Com. Reg. No.: |
HRB 7603 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture of grain mill products |
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 : |
154,000 EUR |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company Name and address
DAVERT GmbH
Company Status: active
Main address:
Ascheberger Str. 2
D 48308 Senden
Telephone:02598/690
Telefax: 02598/69714
Homepage: www.davert-muehle.de
E-mail: info@davert.de
VAT no.
DE231625559
Tax ID number
333/5997/0514
CONCLUSION
Business relations are
permissible.
Registration data
LEGAL FORM Private
limited company
Date of foundation: 29.12.1983
Shareholders'
agreement: 26.06.2003
Registered on: 25.09.2003
Commercial Register: Local court 48653 Coesfeld
under: HRB
7603
Share capital
EUR 300,000.00
Shareholder
Welke Vermögensverwaltung mbH
Kreuzbauerschaft 79
D 48308 Senden
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 120,000.00
Registered on: 02.04.2001
Reg. data: 48653 Coesfeld, HRB 7452
Shareholder:
AUWA Beteiligungs GmbH
Maschstr. 31
D 49356 Diepholz
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 90,000.00
Registered on: 10.05.2001
Reg. data: 29664 Walsrode, HRB 100359
Shareholder:
Dr.med.dent. Franz Sibbing
Bernhardstr. 25
D 48599 Gronau
born: 03.03.1949
Share: EUR 45,000.00
Shareholder:
Niehoff Holding GmbH
Sunderhooker Weg 6
D 48599 Gronau
Legal form: Private limited company
Share capital: EUR 65,000.00
Share: EUR 45,000.00
Registered on: 11.02.1998
Reg. data: 48653 Coesfeld, HRB 5946
Manager:
Andreas Plietker
Schloßfeld 16
D 48308 Senden
having sole power of representation
born: 30.06.1963
Profession: Fully qualified merchant
Marital status: married
Proxy:
Martin Lücker
Starenstr. 52
D 48599 Gronau
having sole power of representation
born: 07.08.1962
Profession: Businessman
COMPANY HISTORY
29.12.1983 -
07.11.2000 Rainer Welke Gesellschaft mit
beschränkter Haftung bis 07.11.2000
Ascheberger Str. 2
D
48308 Senden
Private limited company
07.11.2000 -
01.01.2004 Rainer Welke GmbH & Co.
KG bis
01.01.2004
Ascheberger Str. 2
D
48308 Senden
Ltd partnership with priv. ltd. company
as
general partner
BUSINESS ACTIVITIES
Sectors
10610 Manufacture of grain mill products
46210 Wholesale of grain,
unmanufactured tobacco, seeds and
animal feeds
46382 Wholesale of flour
and grain products
FINANCIAL INFORMATION
Payment experience: cash discount/within agreed terms
Negative information:We
have no negative information at hand.
Maximum credit: 154,000 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Ascheberger Str. 2
D
48308 Senden
Land register documents
were not available.
BANKERS
Principal bank
KREISSPARKASSE GRAFSCHAFT
DIEPHOLZ, DIEPHOLZ
Sort. code: 25651325, BIC:
BRLADE21DHZ
Further banks
COMMERZBANK VORMALS
DRESDNER BANK, MÜNSTER, WESTF
Sort. code: 40080040, BIC:
DRESDEFF400
VOLKSBANK SENDEN, SENDEN,
WESTF
Sort. code: 40069546, BIC:
GENODEM1SDN
GLS GEMEINSCHAFTSBANK,
BOCHUM
Sort. code: 43060967, BIC:
GENODEM1GLS
FINANCIAL FIGURES
Gross profit or loss:2009 EUR 7,708,080.00
Profit: 2009 EUR 13,207.00
Employees: 85
-
thereof permanent staff: 85
BALANCE SHEETS
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 21.36
Liquidity ratio: 0.41
Return on total capital [%]: 0.13
Balance sheet grade: 3.5
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 20.87
Liquidity ratio: 0.39
Return on total capital [%]: 6.94
Balance sheet grade: 3.0
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 18.40
Liquidity ratio: 0.40
Return on total capital [%]: 7.35
Balance sheet grade: 3.0
Equity ratio
The equity ratio indicates
the portion of the equity as compared
to the total capital. The
higher the equity ratio, the better the
economic stability
(solvency) and thus the financial autonomy of
a company.
Liquidity ratio
The liquidity ratio shows
the proportion between adjusted
receivables and net
liabilities. The higher the ratio, the lower
the company's financial
dependancy from external creditors.
Return on total capital
The return on total capital
shows the efficiency and return on
the total capital employed
in the company. The higher the return
on total capital, the more
economically does the company work
with the invested capital.
Balance sheet grade
The balance sheet grade is
based on the following ratios: equity
ratio, liquidity ratio and
return on total capital from the
balance sheets published in
the Federal Gazette. It is calculated
in accordance with the
methodology of Euler Hermes. It ranges
from 1.0 (positive) to 5.0
(negative).
Type
of balance
sheet:
Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 10,337,578.20
Fixed assets
EUR 489,697.50
Intangible assets
EUR 20,436.50
Other / unspecified intangible assetsEUR 20,436.50
Tangible assets
EUR 469,261.00
Land / similar rights
EUR 90,887.00
Plant / machinery EUR 154,481.50
Other tangible assets / fixtures and
fittings
EUR 212,767.50
Advance payments made / construction
in progress
EUR 11,125.00
Current
assets EUR 9,822,989.15
Stocks
EUR 6,580,937.09
Accounts receivable
EUR 3,225,193.13
Other debtors and assets
EUR 3,225,193.13
Liquid means
EUR 16,858.93
Remaining other assets
EUR 24,891.55
Accruals (assets)
EUR 24,891.55
LIABILITIES EUR 10,337,578.20
Shareholders' equity
EUR 2,215,704.12
Capital
EUR 300,000.00
Subscribed capital (share capital)
EUR 300,000.00
Balance sheet profit/loss (+/-)
EUR 1,915,704.12
Balance sheet profit / loss
EUR 1,915,704.12
Provisions
EUR 304,280.00
Liabilities
EUR 7,817,594.08
Financial debts EUR 4,156,031.60
Liabilities due to banks
EUR 4,156,031.60
Other liabilities
EUR 3,661,562.48
Liabilities due to investee companiesEUR 205,000.00
Unspecified
other liabilities EUR 3,456,562.48
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 7,708,080.14
Staff expenses
EUR 3,105,029.19
Wages and salaries
EUR 2,553,727.47
Social security contributions and
expenses for pension plans and
benefits
EUR 551,301.72
Total depreciation EUR 215,449.52
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 215,449.52
Other operating expenses
EUR 4,029,107.92
Operating result from continuing
operations
EUR 358,493.51
Interest result (+/-)
EUR -302,488.39
Interest and similar income
EUR 13,756.29
Interest and similar expenses
EUR 316,244.68
Other financial result
EUR -627.09
Depreciation on financial assets and
marketable securities
EUR 627.09
Financial result (+/-)
EUR -303,115.48
Result from ordinary operations (+/-)
EUR 55,378.03
Income tax / refund of income tax (+/-)EUR -32,764.84
Other taxes / refund of taxes
EUR -9,406.20
Tax
(+/-) EUR -42,171.04
Annual surplus / annual deficit
EUR 13,206.99
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 11,034,402.78
Fixed assets
EUR 519,398.15
Intangible assets
EUR 26,112.00
Other / unspecified intangible assetsEUR 26,112.00
Tangible assets EUR 491,445.50
Land / similar rights
EUR 110,301.00
Plant / machinery
EUR 228,684.00
Other tangible assets / fixtures and
fittings
EUR 152,460.50
Financial assets
EUR 1,840.65
Other / unspecified financial assets EUR 1,840.65
Current assets
EUR 10,482,556.63
Stocks EUR 7,177,988.96
Accounts receivable
EUR 3,252,534.15
Other debtors and assets
EUR 3,252,534.15
Liquid means
EUR 52,033.52
Remaining other assets
EUR 32,448.00
Accruals (assets)
EUR 32,448.00
LIABILITIES EUR 11,034,402.78
Shareholders' equity
EUR 2,202,497.13
Capital EUR 300,000.00
Subscribed capital (share capital)
EUR 300,000.00
Balance sheet profit/loss (+/-)
EUR 1,902,497.13
Balance sheet profit / loss
EUR 1,902,497.13
Provisions
EUR 371,750.00
Liabilities
EUR 8,460,155.65
Financial debts
EUR 3,284,811.73
Liabilities due to banks
EUR 3,284,811.73
Other liabilities
EUR 5,175,343.92
Liabilities due to investee companiesEUR 205,000.00
Unspecified other liabilities
EUR 4,970,343.92
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 8,881,667.77
Staff expenses
EUR 3,196,996.85
Wages and salaries
EUR 2,625,113.21
Social security contributions and
expenses for pension plans and
benefits
EUR 571,883.64
Total depreciation
EUR 232,817.20
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 232,817.20
Other operating expenses
EUR 4,012,009.75
Operating result from continuing
operations
EUR 1,439,843.97
Result from participating interests
(+/-)
EUR 20.80
Expenses / income from participations EUR 20.80
Income from related companies
EUR 20.80
Interest
result (+/-) EUR -305,908.69
Interest and similar income
EUR 18,997.93
Interest and similar expenses
EUR 324,906.62
Other financial result
EUR -5,000.00
Depreciation on financial assets and
marketable securities
EUR 5,000.00
Financial result (+/-)
EUR -310,887.89
Result from ordinary operations (+/-)
EUR 1,128,956.08
Income
tax / refund of income tax (+/-)EUR
-362,796.73
Other taxes / refund of taxes
EUR -2,411.78
Tax
(+/-)
EUR -365,208.51
Annual surplus / annual deficit
EUR 763,747.57
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.89 |
|
|
1 |
Rs.77.31 |
|
Euro |
1 |
Rs.67.79 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.