MIRA INFORM REPORT
|
Report Date : |
03.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
PEWAG AUSTRIA GMBH |
|
|
|
|
Registered Office : |
Bahnhofgürtel 59, A-8020 Graz |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
29.06.1993 |
|
|
|
|
Legal Form : |
Limited Liability Company |
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|
|
Line of Business : |
Manufacture of wire products, chain and springs |
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 : |
EUR 800.000,00 |
|
Status : |
Good |
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Austria |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Basic company information
|
Last up-date: |
2011-08-01 |
|
Company name: |
pewag austria GmbH |
|
Status: |
active company |
|
Locations: |
Bahnhofgürtel 59, A-8020 Graz, (seit 01.04.2005) |
|
Phone: |
0043 (316) 6070 |
|
Fax: |
0043 (316) 6070 - 100 |
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E-mail: |
|
|
Internet: |
|
|
Activities: |
Önace 25930 100% Manufacture of wire products, chain and
springs |
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|
|
|
General Assessment: |
The Rating of this company is better than industry
average. |
|
|
Recommendation We recommends to establish a business and credit
relationship, and to benefit from arising business opportunities. |
|
|
|
|
Detail Assessment: |
Group's payments are made within net agreements. |
|
|
Company is part of a group and therefore cannot be
evaluated separately. Group's solvency is average. |
|
|
Maximum credit EUR 800.000,00 |
Additional company information
|
Year of incorporation: |
1803 |
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||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
limited liability company since 1993-06-22 |
|
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|
companies' house number: |
FN 35303 t Graz 1993-06-29 |
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Activities: |
|
|
||||
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ARA-number: |
1269 |
|
||||
|
VAT number: |
ATU 28809901 |
|
||||
|
number - Austrian National
Bank: |
1988557 |
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Import |
Country |
|
|
|
||
|
Import |
world-wide |
|
2011 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
world-wide |
|
2011 |
|
Financial data
|
total turnover (total sales) |
2010 |
EUR 50.000.000,00 |
(estimated) |
|
total turnover (total sales) |
2009 |
EUR 47.985.585,96 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR 67.551.948,02 |
(exact) |
|
total turnover (total sales) |
2007 |
EUR 66.014.913,57 |
(exact) |
|
total turnover (total sales) |
2006 |
EUR 58.915.205,14 |
(exact) |
|
turnover (sales) - group |
2010 |
EUR 93.000.000,00 |
(estimated) |
|
turnover (sales) - group |
2009 |
EUR 90.872.068,00 |
(exact) |
|
turnover (sales) - group |
2008 |
EUR 96.961.025,00 |
(exact) |
|
turnover (sales) - group |
2007 |
EUR 86.231.642,00 |
(exact) |
|
total employees |
2011 |
315 |
(approx.) |
|
white collar workers |
2011 |
87 |
(approx.) |
|
blue collar workers |
2011 |
228 |
(approx.) |
|
total company vehicles |
2011 |
3 |
(approx.) |
|
cars |
2011 |
3 |
(approx.) |
Extraxt from the Companies' House
|
firm
(style): |
|
30
pewag austria GmbH |
|
legal
form: |
|
1
Gesellschaft mit beschränkter Haftung |
|
registered
office: |
|
1
politischer Gemeinde Graz |
|
business
adress: |
|
37
Bahnhofgürtel 59 |
|
capital: |
|
30
EUR 9.213.480 |
|
reference
date annual accounts: |
|
16
31. Dezember |
|
annual
accounts: |
|
57
zum 31.12.2009 eingereicht am 03.11.2010 |
|
consolidated
accounts: |
|
64
zum 31.12.2009 eingereicht am 15.02.2011 |
|
power
of representation: |
|
47
Die Gesellschaft hat einen, zwei oder mehrere Geschäfts- |
|
other
provisions: |
|
1
Die Gesellschaft hat 2 bis 4 Geschäftsführer |
|
proxy: |
|
O
Rudolf Dietmaier, geb. 07.12.1954 |
|
supervisory
board: |
|
M
Heribert Grasser, geb. 01.01.1965 |
|
managing
director: |
|
A
Mag. DI Ägyd Pengg, geb. 17.07.1965 |
|
shareholder: |
|
A
Mag. DI Ägyd Pengg, geb. 17.07.1965 |
|
general
table: |
|
Landesgericht für ZRS Graz |
Real estate
|
Real
estate text: |
|
No real estate property registered |
Private data
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the
companies' house) |
|
Dipl-Ing.Dr. Joachim Haidacher |
1961-07-26 |
8010 Graz Wienerstraße 256 |
manager |
1 |
|
Dipl-Ing.Mag. Ägyd Pengg |
1965-07-17 |
9020 Klagenfurt Schleppeplatz 2 |
manager, partner |
16 |
|
Rudolf Dietmaier |
1954-12-07 |
8020 Graz Bahnhofgürtel 59 c/o |
joint signing clerk |
2 |
|
Rene Alexander Krejci |
1969-04-11 |
8605 Kapfenberg Mariazellerstraße 143 c/o |
joint signing clerk |
2 |
|
Ing. Karl Schmid |
1952-01-26 |
9371 Brückl Kettenwerk 1 c/o |
joint signing clerk |
2 |
|
Dipl-Ing. Stefan Winter |
1970-08-09 |
8605 Kapfenberg Mariazellerstraße 143 c/o |
joint signing clerk |
1 |
|
Dr. Marcus Bachmayr-Heyda |
1963-04-22 |
1010 Wien Franz Josefkai 47 c/o |
chairman of the supervisory board |
7 |
|
Mag. Michaela Rimmer |
1974-01-01 |
9020 Klagenfurt Schleppeplatz 2 c/o |
deputy chairman of the supervisory board |
0 |
|
Heribert Grasser |
1965-01-01 |
8624 Au Aflenz Graßnitz 48 |
member of the supervisory board |
1 |
|
Mag. Günther Hermann |
1956-01-01 |
8401 Kalsdorf Graz Siegfried-Markus-Gasse 17 |
member of the supervisory board |
0 |
|
Werner Springer |
1955-05-13 |
8605 Kapfenberg Mariazellerstraße 143 c/o |
member of the supervisory board |
0 |
|
Thomas Wandler |
|
8605 Kapfenberg Mariazellerstraße 143(c/o) |
head of purchasing |
0 |
|
Harald Pansi |
|
8010 Graz Bahnhofgürtel 59(c/o) |
head of EDP |
0 |
|
Dipl-Ing. Bernhard Oswald |
|
8020 Graz Bahnhofgürtel 59(c/o) |
technical director |
0 |
|
Eva Postl |
|
8020 Graz Bahnhofgürtel 59(c/o) |
head of personnel |
0 |
Balance Sheet
(absolute) all amounts in
EUR
|
|
2009-12-31 |
|
|
|
|
|
Franchises, patents, licences, trademarks and similar
rights and advantages |
554.943,00 |
|
|
|
|
|
Sum intangible assets |
554.943,00 |
|
|
|
|
|
|
|||||
|
Land and leasehold rights with buildings thereon including
building on land owned by third parties |
1.921.985,08 |
|
|
|
|
|
Other operating and business equipment |
695.758,60 |
|
|
|
|
|
Technical plants and machines |
9.904.816,08 |
|
|
|
|
|
Sum tangible assets |
12.522.559,76 |
|
|
|
|
|
|
|||||
|
Shares on related firms |
7.353.979,66 |
|
|
|
|
|
Other financial assets, values and securities of fixed
assets |
742.994,57 |
|
|
|
|
|
Sum financial assets |
8.096.974,23 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
21.174.476,99 |
|
|
|
|
|
|
|||||
|
Raw-, auxiliary materials and supplies |
2.915.944,75 |
|
|
|
|
|
Unfinished products |
3.615.230,42 |
|
|
|
|
|
Finished products |
3.994.554,17 |
|
|
|
|
|
Sum stock |
10.525.729,34 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
3.576.950,94 |
|
|
|
|
|
Claims against companies with shareholding relationship |
50.378,27 |
|
|
|
|
|
Claims against related firmes Claims against companies
with shareholding relationship |
7.254.111,32 |
|
|
|
|
|
Other claims and assets |
10.423.540,04 |
|
|
|
|
|
Sum claims |
21.304.980,57 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
14.076.510,44 |
|
|
|
|
|
Sum cash and bank |
14.076.510,44 |
|
|
|
|
|
|
|||||
|
Sum current assets |
45.907.220,35 |
|
|
|
|
|
|
|||||
|
Deferred charges |
56.336,84 |
|
|
|
|
|
Sum deferred charges |
56.336,84 |
|
|
|
|
|
Assets |
67.138.034,18 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
9.213.480,00 |
|
|
|
|
|
Legal reserves |
921.348,00 |
|
|
|
|
|
Free reserves |
3.100.000,00 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
6.370.354,62 |
|
|
|
|
|
Thereof profit/loss carried forward |
5.239.438,95 |
|
|
|
|
|
Sum equity capital |
19.605.182,62 |
|
|
|
|
|
|
|||||
|
Investment contributions |
811.495,00 |
|
|
|
|
|
Sum floor capital |
811.495,00 |
|
|
|
|
|
|
|||||
|
Reservesfor severance pays |
2.944.537,00 |
|
|
|
|
|
Reserves for pensions |
905.663,00 |
|
|
|
|
|
Other reserves |
3.539.854,41 |
|
|
|
|
|
Sum reserves |
7.390.054,41 |
|
|
|
|
|
|
|||||
|
Loans (including convertible loans) |
25.714.286,00 |
|
|
|
|
|
Liabilities against credit institutes |
7.715.512,85 |
|
|
|
|
|
Liabilities from delivered goods and performed services
from the acceptance of drafts and emission of promissory notes |
2.432.654,93 |
|
|
|
|
|
Other liabilities |
2.439.666,74 |
|
|
|
|
|
Other loans |
1.029.181,63 |
|
|
|
|
|
Sum liabilities |
39.331.302,15 |
|
|
|
|
|
|
|||||
|
Liabilities |
67.138.034,18 |
|
|
|
|
|
|
|||||
|
Balance sheet sum |
67.138.034,18 |
|
|
|
|
P / L Account
(absolute) all amounts in EUR
|
|
2009-12-31 |
|
|
|
|
|
Gross sales |
47.985.585,96 |
|
|
|
|
|
Increase or decrease in finished and unfinished goods and
in service claims |
-442.402,44 |
|
|
|
|
|
Sum turnover or sum gross profit |
47.543.183,52 |
|
|
|
|
|
|
|||||
|
Profits from retirement of fixed assets, except financial
assets |
15.700,00 |
|
|
|
|
|
Income from dissolution of reserves |
128.046,56 |
|
|
|
|
|
Other operating profits |
1.714.233,72 |
|
|
|
|
|
Other operating profits totally |
1.857.980,28 |
|
|
|
|
|
|
|||||
|
Costs for obtained services |
-1.658.999,37 |
|
|
|
|
|
Special account material costs |
-21.067.974,88 |
|
|
|
|
|
Costs for obtained services totally |
-22.726.974,25 |
|
|
|
|
|
|
|||||
|
Wages |
-6.670.474,96 |
|
|
|
|
|
Salaries |
-4.160.291,03 |
|
|
|
|
|
Costs for severance pays |
-561.370,28 |
|
|
|
|
|
Costs for old age pension |
-53.619,93 |
|
|
|
|
|
Legal fringe benefits and other payments depending on
salaries |
-3.318.642,89 |
|
|
|
|
|
Other social fringe benefits |
-210.365,40 |
|
|
|
|
|
Personnel expenses totally |
-14.974.764,49 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible
assets,activated expenses for the set up and expansion of business
operation |
-3.441.700,67 |
|
|
|
|
|
Depreciation tangible assets / intangible assets
totally |
-3.441.700,67 |
|
|
|
|
|
|
|||||
|
Different operating costs |
-6.790.717,74 |
|
|
|
|
|
Other taxes |
-11.537,36 |
|
|
|
|
|
Other operating costs totally |
-6.802.255,10 |
|
|
|
|
|
|
|||||
|
Operating result totally |
1.455.469,29 |
|
|
|
|
|
|
|||||
|
Profits from shareholdings |
550.000,00 |
|
|
|
|
|
Income from other securities and loans of financial
assets |
24.535,00 |
|
|
|
|
|
Profits from the retirement of and investment in financial
assets and securities of current assets |
250,00 |
|
|
|
|
|
Interest income, securties income and similar income |
554.111,15 |
|
|
|
|
|
Interest and similar disbursements |
-1.347.312,99 |
|
|
|
|
|
Financial profits totally |
-218.416,84 |
|
|
|
|
|
|
|||||
|
Results from usual business activity
totally |
1.237.052,45 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-106.136,78 |
|
|
|
|
|
Taxes on income and profits totally |
-106.136,78 |
|
|
|
|
|
Annual surplus/annual deficit
totally |
1.130.915,67 |
|
|
|
|
|
|
|||||
|
Annual profit/annual loss
totally |
1.130.915,67 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
5.239.438,95 |
|
|
|
|
|
Transfer of profits totally |
5.239.438,95 |
|
|
|
|
|
B/S profit/ B/S loss from profit and
loss account |
6.370.354,62 |
|
|
|
|
Key ratios
|
|
2009 |
|
|
|
|
|
|
Cash flow II |
4.572.616,34 |
|
|
|
|
|
|
Debt amortisation period |
7,13 |
|
|
|
|
|
|
Bank indebtedness |
13,02 |
|
|
|
|
|
|
Equity capital share |
30,41 |
|
|
|
|
|
|
Social capital share |
5,73 |
|
|
|
|
|
|
Fixed assets coverage |
114,60 |
|
|
|
|
|
|
Net profit ratio |
2,60 |
|
|
|
|
|
|
Capital turnover |
0,70 |
|
|
|
|
|
|
Return on investment |
3,84 |
|
|
|
|
|
|
Cash flow in % of operating performance |
9,61 |
|
|
|
|
|
|
Cash flow I |
4.678.753,12 |
|
|
|
|
|
|
Gross productivity |
3,17 |
|
|
|
|
|
|
Net productivity |
1,65 |
|
|
|
|
|
|
Operating performance |
47.543.183,52 |
|
|
|
|
|
|
Inventories in % of operating performance |
22,13 |
|
|
|
|
|
|
Gross profit |
24.816.209,27 |
|
|
|
|
|
Locations
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Bahnhofgürtel 59, A-8020 Graz |
registered office |
|
|
|
|
|
operational |
Bahnhofgürtel 59, A-8020 Graz, (seit 01.04.2005) |
registered headquarters, rented premises |
|
|
|
saleinfo@pewag.com |
|
operational |
Mariazellerstraße 143, A-8605 Kapfenberg,
(Hansenhütte) |
factory, rented premises |
|
|
|
|
|
former |
Theodor Körnerstraße 59, A-8010 Graz |
registered office |
|
|
|
|
|
former |
Theodor Körnerstraße 59, A-8010 Graz |
registered headquarters |
related companies
|
Company name |
Postal code |
Stake in % |
|
Companies House |
|
Shares in this company are
held by: |
||||
|
Metallwaren Beteiligungsgesellschaft mbH |
Schleppeplatz 8, A-9020 Klagenfurt |
99.99 % 2003-02-11 |
|
FN 231144 v |
|
Dipl-Ing.Mag. Ägyd Pengg |
Schleppeplatz 2, A-9020 Klagenfurt |
0.01 % 2009-12-02 |
|
|
|
|
||||
|
This company holds 100% of the
shares in: |
||||
|
pewag International GmbH |
Landskrongasse 5, A-1010 Wien |
100 % 2003-02-28 |
|
FN 142147 s |
|
pewag engineering GmbH |
Mariazellerstraße 143, A-8605 Kapfenberg |
100 % 2003-01-16 |
|
FN 190044 b |
|
|
||||
|
This company holds 50% to 99%
of the shares in: |
||||
|
KWB Ketten Austria GmbH |
Schleppeplatz 8, A-9020 Klagenfurt |
60 % 2008-06-26 |
|
FN 312157 f |
|
|
||||
|
Affiliated companies and
further participations: |
||||
|
Ägyd Pengg
Beteiligungsgesellschaft mbH |
Franz-Josefskai 47/6, A-1010 Wien |
|
|
FN 167155 t |
|
pewag Schneeketten GmbH &
Co KG |
Kettenwerk 1, A-9371 Brückl |
|
|
FN 270109 w |
|
pewag carpool GmbH |
Bahnhofgürtel 59, A-8020 Graz |
|
|
FN 287466 w |
Bankers
|
Banker |
Bank sort code |
Type of banking connection |
|
UniCredit Bank Austria AG, 8011 Graz |
12000 |
main bank connection |
|
Raiffeisenlandesbank Steiermark, 8011 Graz |
38000 |
main bank connection |
|
BAWAG P.S.K. Bank für Arbeit und Wirtschaft, 8011 Graz |
14000 |
secondary banking connection |
|
BKS Bank AG, 9010 Klagenfurt |
17000 |
secondary banking connection |
Historical development
|
Year of incorporation: |
1803 |
|
Date of registration: |
1993-06-29 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2003-02-12 |
PEWAG Austria GmbH |
|
2003-02-12 |
|
pewag austria GmbH |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2001-01-19 |
ATS 20.000.000,00 |
|
2001-01-19 |
2003-02-12 |
EUR 1.453.480,00 |
|
2003-02-12 |
|
EUR 9.213.480,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
1993-06-22 |
2004-03-10 |
manager |
Dipl-Ing.Dr. Gerhard Walenta |
|
2003-02-11 |
2007-01-24 |
manager |
Dipl-Ing.Dr. Clemens Kellner |
|
2007-01-24 |
2007-12-29 |
manager |
Mag. Philipp Belcredi |
|
2002-01-10 |
2010-12-01 |
manager |
Dipl-Ing. Thomas Rossegger |
|
2001-05-18 |
2002-01-10 |
joint signing clerk |
Dipl-Ing. Thomas Rossegger |
|
2002-06-12 |
2003-02-11 |
joint signing clerk |
Dipl-Ing.Dr. Clemens Kellner |
|
1999-01-29 |
2003-03-18 |
joint signing clerk |
Ing. Alfred Flößl |
|
2008-01-30 |
2009-01-16 |
joint signing clerk |
Mag. Philipp Belcredi |
|
1993-06-22 |
2000-02-03 |
chairman of the supervisory board |
Hubert Pengg |
|
1997-01-30 |
2000-02-03 |
deputy chairman of the supervisory board |
Dipl-Ing.Dr. Reinhard Walenta |
|
2003-02-11 |
2006-01-28 |
deputy chairman of the supervisory board |
Hubert Pengg |
|
|
1997-10-28 |
member of the supervisory board |
Dipl-Ing. Gerhard Walenta |
|
|
1999-03-11 |
member of the supervisory board |
Alfred Kabasser |
|
|
2000-02-03 |
member of the supervisory board |
Heribert Grasser |
|
|
2000-02-03 |
member of the supervisory board |
Mag. Helfried Heidinger |
|
|
2000-02-03 |
member of the supervisory board |
Dr. Karl Hempel |
|
1999-03-11 |
2000-02-03 |
member of the supervisory board |
Theodor Johnssen |
|
2004-05-08 |
2005-09-24 |
member of the supervisory board |
Dipl-Ing.Dr. Gerhard Walenta |
|
1993-06-22 |
2000-02-03 |
manager |
Dipl-Ing.Mag. Ägyd Pengg |
|
1993-06-22 |
2000-06-22 |
manager |
Mag.Dr. Johann Posch |
|
1993-06-22 |
2002-08-15 |
manager |
Dipl-Ing. Gerhard Berger |
|
2000-06-22 |
2003-01-04 |
manager |
Dipl-Ing.Mag. Ägyd Pengg |
|
2003-02-11 |
2003-03-18 |
manager |
Dr. Karl Kronsteiner |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
1993-06-22 |
1999-12-16 |
partner |
Dipl-Ing.Dr. Reinhard Walenta |
|
1993-06-22 |
1999-12-16 |
partner |
Ing. Walter Walenta |
|
1999-12-16 |
2003-12-03 |
partner |
Weissenfels Holding AG |
|
2003-10-10 |
2009-12-02 |
partner |
Ägyd Pengg Privatstiftung |
|
1993-06-22 |
1999-12-16 |
partner |
Dipl-Ing.Dr. Gerhard Walenta |
|
1993-06-22 |
1999-12-16 |
partner |
Dipl-Ing.Mag. Ägyd Pengg |
|
1993-06-22 |
1999-12-16 |
partner |
Karl Tinnauer |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
2002-12-25 |
2002-12-29 |
"KWB" KETTENINDUSTRIE GMBH. |
|
2003-02-19 |
2005-07-07 |
KWB KETTENINDUSTRIE Gesellschaft m.b.H. |
|
2002-12-28 |
2005-08-19 |
KWB KETTENINDUSTRIE Gesellschaft m.b.H. & Co KG |
|
Mergers: |
||
|
Date |
Function |
Name |
|
2005-08-23 |
merged with |
KWB KETTENINDUSTRIE
Gesellschaft m.b.H. & Co KG |
|
2005-07-20 |
merged with |
KWB KETTENINDUSTRIE
Gesellschaft m.b.H. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.23 |
|
UK Pound |
1 |
Rs.72.09 |
|
Euro |
1 |
Rs.62.99 |
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.