MIRA INFORM REPORT
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Report Date : |
29.09.2011 |
IDENTIFICATION DETAILS
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Name : |
DAVID HEALTH SOLUTIONS OY |
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Formerly Known As : |
David Sports Oy |
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Registered Office : |
Erottajankatu 15-17 A, 00130, Helsinki |
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Country : |
Finland |
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Financials (as on) : |
31.08.2010 |
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Date of Incorporation : |
12.04.2007 |
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Legal Form : |
Limited Company |
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Line of Business : |
Wholesale of sports goods |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
4.500(€) |
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Status : |
Moderate |
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Payment
Behaviour : |
Usually Correct |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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 |
David Health Solutions Oy |
Trade Registry Number |
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Company Name |
David Health Solutions Oy |
Business ID |
21066295 |
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Previous Name |
David Sports Oy |
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Telephone Number |
0207597300 |
Registered Address |
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Fax Number |
0207597301 |
Visiting Address |
Erottajankatu 15-17 A, 00130, HELSINKI |
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Home Municipality |
Helsinki |
Postal Address |
-, -, - |
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Incorporation Date |
12.04.2007 |
Branches |
2 |
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Company Type |
Limited company |
Website Address |
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Primary Sic Code |
46493 |
Accountant |
Roima Matti Mikael |
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Primary Sic Description |
Wholesale of sports goods |
Last Accounts Date |
31.08.2010 |
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Share Capital (€) |
225.977 |
Holding Company |
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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 RECOMENDATION
Current Credit Limit: 4.500(€)
DIRECTORS/MANAGEMENT
Current Directors
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Name |
Ibounig Elina Miikal |
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Date of Birth |
24.12.1983 |
Appointment Date |
10.07.2008 |
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Nationality |
FINLAND |
Function |
Actual Member of Board |
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Name |
Parviainen Lauri Pietari |
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Date of Birth |
31.08.1978 |
Appointment Date |
10.07.2008 |
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Nationality |
FINLAND |
Function |
Actual Member of Board |
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Name |
Parviainen Arno Ilkka |
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Date of Birth |
02.01.1956 |
Appointment Date |
10.07.2008 |
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Nationality |
FINLAND |
Function |
Chairman of Board |
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Name |
Parviainen Arno Ilkka |
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Date of Birth |
02.01.1956 |
Appointment Date |
06.10.2010 |
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Nationality |
FINLAND |
Function |
Managing director |
Other Company
Officials
NEGATIVE INFORMATION
Na
SHARE & SHARE CAPITAL
INFORMATION
Shareholder
Information
|
Year |
31.08.2010 |
|
Total Value of Shares |
225.977 |
|
Number of Shares |
20.000 |
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Value of Shares |
|
PAYMENT INFORMATION
Na
GROUP STRUCTURE & AFFILIATED
COMPANIES
Na
FINANCIAL INFORMATION
Key Financials
|
Year |
31.08.2010 |
% |
31.08.2009 |
% |
|
% |
|
|
Turnover (€) |
2.133.000 |
13% |
1.891.000 |
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Result After Taxes(€) |
-922.000 |
-15% |
-801.000 |
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Total Assets(€) |
2.347.000 |
-16% |
2.781.940 |
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Number of Employees |
20-49 |
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26 |
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Estimated Shareholders Funds |
-1.525.550 |
-149% |
-612.027 |
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Ratios
|
Year |
31.08.2010 |
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31.08.2009 |
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Solvency Ratio |
-65% |
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-22% |
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Extremely High Indebtedness |
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Extremely High Indebtedness |
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Operating Result Ratio |
-36,80 |
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-34,30 |
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Turnover Employee Ratio |
61,83 |
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7.273,00 |
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Financial
Statement
|
Year |
|
2010 |
|
2009 |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
Registrations in
Force
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State |
Registration Date |
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Tax Administration |
Registered |
03.05.2007 |
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Trade Register |
Registered |
12.04.2007 |
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Employer Register |
Registered |
01.03.2007 |
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Prepayment Register |
Registered |
01.08.2008 |
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Value Added Tax-Liability |
VAT-liable for business activity |
01.03.2007 |
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.91 |
|
UK Pound |
1 |
Rs.76.53 |
|
Euro |
1 |
Rs.66.43 |
RATING EXPLANATIONS
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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 |
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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 |
|
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 |
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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 |
|
<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.