MIRA INFORM REPORT
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Report Date : |
09.09.2011 |
IDENTIFICATION DETAILS
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Name : |
BORREGAARD INDUSTRIES LIMITED |
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Registered Office : |
Cheshire Wa 3 600, Gb Great Britain |
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Country : |
Norway |
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Date of Incorporation : |
30.04.1999 |
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Com. Reg. No.: |
951086975 |
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Legal Form : |
Foreign Unit |
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Line of Business : |
---- |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Undetermined |
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Payment
Behaviour : |
---- |
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Litigation : |
---- |
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 |
REGISTERED NAME & COMPANY SUMMARY
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Business Name |
BORREGAARD INDUSTRIES LIMITED |
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Country |
NORWAY |
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Company Registration Number |
951086975 |
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Main Activity |
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Activity Code |
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Company Status |
Active |
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Latest Turnover Figure |
- |
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Latest Shareholder Equity Figure |
- |
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Credit Limit |
- |
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Basic
Information |
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Business Name |
BORREGAARD INDUSTRIES LIMITED |
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Registered Company Name |
BORREGAARD INDUSTRIES LIMITED |
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Company Registration Number |
951086975 |
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Country |
NORWAY |
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Date of Company Registration |
30/04/1999 |
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Date of Starting Operations |
01/01/1995 |
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Legal Form |
Foreign unit |
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Company Status |
Active |
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Currency of this Report |
NOK |
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Principal Activity Description |
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Contact Address |
CHESHIRE WA 3 600, GB GREAT BRITAIN |
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Contact Telephone Number |
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CREDIT RECOMENDATION
Current Credit Limit: No credit limit recommended.
DIRECTORS/MANAGEMENT
Directors/Managers
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Current
Directors |
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Name |
Date of Birth |
Position |
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No directors information for this company. |
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NEGATIVE INFORMATION
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Bankruptcy
Prediction |
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No information for this company. |
Negative Information
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No negative information for this company. |
SHARE & SHARE CAPITAL
INFORMATION
Share
Capital Structure
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No information for this company. |
PAYMENT INFORMATION
Na
GROUP STRUCTURE & AFFILIATED
COMPANIES
Group
Structure
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Immediate
Holding Parent |
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No information for this company. |
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Subsidiary Companies |
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Subsidiary Name |
Subsidiary ID |
Country |
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BORREGAARD INDUSTRIES LIMITED, NORGE |
NORWAY |
916694385 |
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Affiliated
Companies |
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Affiliate Name |
Affiliate ID |
Country |
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BORREGAARD INDUSTRIES LIMITED |
NORWAY |
951086975 |
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BORREGAARD INDUSTRIES LIMITED, NORGE |
NORWAY |
916694385 |
FINANCIAL INFORMATION
Financial
Information
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No information for this company. |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
Contact
Information
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Main Address |
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Address |
Country |
Telephone |
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CHESHIRE WA 3 600, GB GREAT BRITAIN |
NORWAY |
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Other Address |
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Address |
Country |
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Address unknown |
NORWAY |
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Email Addresses |
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No information for this company. |
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Web Pages |
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No information for this company. |
Other
Information
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Employee Information |
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Year |
Number of
Employees |
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No employee information for this company. |
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Bankers |
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No banker information for this company. |
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Advisors |
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No advisor information for this company. |
Additional
Information
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Other Information |
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Company Purpose |
INDUSTRIELL VIRKSOMHET, TREFOREDLING M.V. |
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Comment |
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Other Financial
Information |
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No information for this company. |
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Auditors Report |
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No information for this company. |
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Event History |
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Event Date |
Event
Description |
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No events for company. |
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NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.46.18 |
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UK Pound |
1 |
Rs.73.65 |
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Euro |
1 |
Rs.64.95 |
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.