MIRA INFORM REPORT
|
Report Date : |
07.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
SCHINDLER AUFZÜGE AG |
|
|
|
|
Registered Office : |
Zugerstrasse 13, 6030 Ebikon |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
07.03.1906 |
|
|
|
|
Com. Reg. No.: |
100.3.012.393-3 / 162514 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Manufacture, sale, installation and maintenance of lifts, loads- and special
elevators and escalators. |
|
|
|
|
No. of Employees
: |
44387 |
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 |
|
Status : |
Satisfactory |
|
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SCHINDLER AUFZÜGE AG
Operating address:
Zugerstrasse 13
6030 Ebikon
Switzerland/CH
Telephone: 041 4453131
Fax: 041 4453911
Web site: http://www.schindler.ch
E-mail: info@ch.schindler.com
VAT-No.: CHE105956202
Established: 1883
History: 1874:Established
from Robert + Eduard Schindler
Line of Business: Machinery
Industry Division: Manufacturing
Industry-code (NACE): 2822 Manufacture of lifting and handling
equipment, 3312 Repair of machinery
Import/Export: Export
Quality certification: ISO
9001:2000
Banks: unknown
Coverage: Company
Figures: approximately
Employees: 2'000-3'999
Sales: CHF 600-800
Mio
Branches: 25
The business activities includes the manufacture, sale, installation and
maintenance of lifts, loads- and special elevators and escalators.
Information on property ownership was not available.
Company No: 100.3.012.393-3
/ 162514
Legal form: Company
limited by shares
Registration: 07.03.1906
Legal status: active
Responsible Register: Handelsregister
des Kantons Luzern
History: Date of Statutes: 19.04.1996
Date of Incorporation Statutes: 17.02.1906
Date of Statutes: 28.11.2008
Date of Statutes: 28.03.2008
Entry Deleted Name
05.12.2008 Schindler
Aufzüge AG
05.12.2008 Ascenseurs
Schindler SA (Name translated)
05.12.2008 Schindler
Elevator Limited (Name translated)
05.12.2008 Ascensori
Schindler SA (Name translated)
05.12.2008 SCHINDLER Aufzüge AG
05.12.2008 Ascenseurs SCHINDLER SA (Name
translated)
05.12.2008 SCHINDLER Elevator Limited (Name translated)
05.12.2008 Ascensori SCHINDLER SA (Name translated)
Entry Deleted Legal domicile
active Ebikon,
Switzerland
removed Luzern, Switzerland
Entry Deleted Address
09.06.2004 Zugerstrasse
13, 6030 Ebikon/LU, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 25'000'000, paidup CHF 25'000'000
Entry Deleted Capital Structure
active 62'500
Registered shares of CHF 400.--
Entry Deleted Activity (original Language)
31.03.2008 Fabrikation,
Vertrieb, Montage und Unterhalt von Aufzügen und Fahrtreppen, Motoren und
Apparaten sowie damit zusammenhängenden Geschäftstätigkeit; Beteiligungen;
Leitung und Finanzierung von Unternehmungen; Gewährung von Darlehen oder
anderen Finanzierungen und Stellung von Sicherheiten jedwelcher Art; Erwerb,
Halten und Veräusserung von Grundstücken.
31.03.2008 Fabrikation, Vertrieb,
Montage und Unterhalt von Aufzügen, Motoren und Apparaten; Leitung und
Finanzierung von Unternehmungen im In- und Ausland; Beteiligungen.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
active Reports:
Mitteilungen erfolgen schriftlich.
09.06.2004 Merger: Gemäss
Fusionsvertrag vom 19.03.2004 und Bilanz per 01.01.2004 übernimmt die
Gesellschaft nach Massgabe von Art. 748 OR die Orbo Finanz AG, in Zug, mit
sämtlichen Aktiven von CHF 22'163'000.-- und dem gesamten Fremdkapital von CHF
12'881'000.--. Da die Gesellschaft bereits Eigentümerin sämtlicher Aktien der
übernommenen Gesellschaft ist, erlöschen diese Aktien und das Aktienkapital der
übernehmenden Gesellschaft bleibt unverändert.
10.05.2002 Merger: Gemäss
Fusionsvertrag vom 24.04.2002 und Bilanz per 31.12.2001 übernimmt die
Gesellschaft nach Massgabe von Art. 748 OR die SchindlerMobile AG, in Schlatt
TG, mit sämtlichen Aktiven von CHF 743'681.25 und dem gesamten Fremdkapital von
CHF 18'798'170.89. Da die Gesellschaft bereits Eigentümerin sämtlicher Aktien
der übernommenen Gesellschaft ist, erlöschen diese Aktien und das Aktienkapital
der übernehmenden Gesellschaft bleibt unverändert.
Entry Deleted Branches
active Avenue
du Grand-Champsec 23, 1950 Sion/VS, Switzerland/CH
active Chemin
de la Mairie 24, 1258 Perly/GE, Switzerland/CH
active route
des Gouttes-d'Or 92, 2000 Neuchâtel/NE, Switzerland/CH
active Bionstrasse
4, 9015 St. Gallen/SG, Switzerland/CH
active Via
Campagna , 6934 Bioggio/TI, Switzerland/CH
active Kasernenstrasse
27, 3013 Bern/BE, Switzerland/CH
active Bürglistrasse
33a, 8400 Winterthur/ZH, Switzerland/CH
active Südstrasse
5, 8952 Schlieren/ZH, Switzerland/CH
active Kasernenstrasse
90, 7000 Chur/GR, Switzerland/CH
18.11.2009 Rue
de l'Industrie 58, 1030 Bussigny-Lausanne/VD, Switzerland/CH
03.09.2008 Kantonsstrasse
41 b, 3930 Visp/VS, Switzerland/CH
10.11.2006 Salinenstrasse
61, 4133 Pratteln/BL, Switzerland/CH
24.11.2005 Mürgelistrasse
2, 4528 Zuchwil/SO, Switzerland/CH
23.09.2005 Aarbergstrasse
75, 2503 Biel/Bienne/BE, Switzerland/CH
03.08.2005 Route
des Avouillons 16, 1196 Gland/VD, Switzerland/CH
03.08.2005 Route
de la Cornache 1, 1753 Matran/FR, Switzerland/CH
15.12.2004 Zugerstrasse
13, 6030 Ebikon/LU, Switzerland/CH
02.11.2004
, 1400 Yverdon-les-Bains/VD, Switzerland/CH
16.06.2004 Milchstrasse
3, 6423 Seewen/SZ, Switzerland/CH
15.04.2004 Industriestrasse
14, 5036 Oberentfelden/AG, Switzerland/CH
17.09.2003 Bierigutstrasse
11, 3608 Thun/BE, Switzerland/CH
14.08.2003 Zürcherstrasse
6, 8640 Rapperswil/SG, Switzerland/CH
04.08.2003 Chamerstrasse
172, 6300 Zug/ZG, Switzerland/CH
19.05.2003 Chesa
Corviglia , 7500 St. Moritz/GR, Switzerland/CH
removed Mühlemattweg 4, 4410 Liestal/BL,
Switzerland/CH
Title Name
President Erich Ammann,
Origin: Ermatingen, Switzerland, Residential address: Neuheim, Switzerland, joint
signature of two
Vice-President Dr. Peter Eulau,
Origin: Basel, Switzerland, Residential address: Basel, Switzerland, without
signature
Executive Director Pirmin Josef Bischof,
Origin: Eggersriet, Switzerland, Residential address: Solothurn, Switzerland,
without signature, Registered since: 14.06.2012
Executive Director Klaus Peter Nüesch,
Origin: St. Gallen, Balgach, Switzerland, Residential address: St. Gallen/SG,
Switzerland, without signature
Executive Director Alfred N. Schindler, Origin:
Arth, Switzerland, Residential address: Hergiswil/NW, Switzerland, joint
signature of two, Limited to the headquarters
Executive Director Caroline Schindler,
Origin: Arth, Switzerland, Residential address: 6052 Hergiswil /NW,
Switzerland, without signature, Registered since: 23.03.2010
Executive Director Georg Theiler, Origin:
Luzern, Switzerland, Residential address: Luzern/LU, Switzerland, without
signature, Registered since: 14.06.2012
Executive Director Carole Vischer, Origin:
Basel, Switzerland, Residential address: 6052 Hergiswil /NW, Switzerland,
without signature, Registered since: 23.03.2010
Title Name
Member of the
management Philipp Felber, Origin:
Meggen, Luzern, Switzerland, Residential address: Meggen, Switzerland, joint
signature of two
Member of the
management Kurt Härri, Origin:
Birrwil, Switzerland, Residential address: Birrwil, Switzerland, joint
signature of two, Limited to the headquarters
Member of the
management Jürgen Kästle, Origin:
Germany, Residential address: Hergiswil/NW, Switzerland, joint signature of
two, Limited to the headquarters
Member of the
management Kurt Kaufmann, Origin:
Grindelwald, Switzerland, Residential address: Amsoldingen, Switzerland, joint
signature of two, Limited to the headquarters, Registered since: 29.06.2009
Member of the
management Christoph Lindenmeyer,
Origin: Oberburg, Switzerland, Residential address: 6300 Zug/ZG, Switzerland,
joint signature of two, Registered since: 23.03.2010
Member of the
management Philipp Oberson, Origin:
Wolhusen, Vuisternens-devant-Romont, Switzerland, Residential address: 6252
Dagmersellen/LU, Switzerland, joint signature of two, Limited to the
headquarters
Member of the
management Rainer Urs Roten,
Origin: Leukerbad, Switzerland, Residential address: Bremgarten/AG,
Switzerland, joint signature of two, Registered since: 14.06.2012
Member of the
management Peter Schnieper, Origin:
Emmen, Switzerland, Residential address: 6045 Meggen/LU, Switzerland, joint
signature of two, Limited to the headquarters
Member of the
direction Guntram Begle,
Origin: Austria, Residential address: 6403 Küssnacht/SZ, Switzerland, joint
signature of two, Limited to the headquarters
Member of the
direction Thomas Eckert,
Origin: Bern, Switzerland, Residential address: Mettmenstetten, Switzerland,
joint signature of two, Limited to the headquarters
Member of the
direction Rolf Früh, Origin:
Neckertal, Switzerland, Residential address: Hergiswil/NW, Switzerland, joint signature
of two, Limited to the headquarters
Member of the
direction Bernhard Gysi,
Origin: Meggen, Zofingen, Switzerland, Residential address: Meggen,
Switzerland, joint signature of two, Limited to the headquarters
Member of the
direction Reto Hauri, Origin:
Reitnau, Switzerland, Residential address: 6053 Alpnach/OW, Switzerland, joint
signature of two, Limited to the headquarters, Registered since: 23.03.2010
Member of the
direction René Hermann,
Origin: Luzern, Switzerland, Residential address: Luzern/LU, Switzerland, joint
signature of two, Limited to the headquarters
Member of the
direction Winfried Kleiner,
Origin: Germany, Residential address: Ebikon, Switzerland, joint signature of
two, Limited to the headquarters
Member of the
direction Heinrich (Henry)
Reust, Origin: Steffisburg, Switzerland, Residential address: 6403 Küssnacht
/SZ, Switzerland, joint signature of two, Limited to the headquarters,
Registered since: 25.08.2010
Member of the
direction Harald Schwark,
Origin: Germany, Residential address: Buchrain, Switzerland, joint signature of
two, Limited to the headquarters, Registered since: 14.06.2012
Member of the
direction Herbert Stadelmann,
Origin: Emmen, Escholzmatt, Switzerland, Residential address: Risch,
Switzerland, joint signature of two, Limited to the headquarters
Member of the direction Karl Weinberger, Origin: Dierikon,
Switzerland, Residential address: 6403 Küssnacht/SZ, Switzerland, joint
signature of two, Limited to the headquarters
Member of the
direction Mechthild Wennemer,
Origin: Germany, Residential address: Bubikon, Switzerland, joint signature of
two, Limited to the headquarters, Registered since: 22.08.2011
Member of the
direction Thomas Werren,
Origin: St. Stephan, Switzerland, Residential address: Küssnacht/SZ, Switzerland,
joint signature of two, Limited to the headquarters, Registered since:
22.08.2011
Member of the
direction Urs M. Widmer,
Origin: Ruswil, Emmen, Switzerland, Residential address: Rothenburg,
Switzerland, joint signature of two, Limited to the headquarters
Member with
signing authority Urs Bühler, Origin:
Emmen, Switzerland, Residential address: Stans, Switzerland, joint signature of
two, Limited to the headquarters, Registered since: 14.06.2012
Member with
signing authority Olivier Funk,
Origin: Baden, Switzerland, Residential address: 5400 Baden/AG, Switzerland,
joint signature of two, Limited to the headquarters
Member with
signing authority Bernhard Gisler,
Origin: Spiringen, Switzerland, Residential address: Wettswil am Albis,
Switzerland, joint signature of two, Limited to the headquarters
Member with
signing authority Marcel Oberholzer,
Origin: Goldingen, Switzerland, Residential address: Cham, Switzerland, joint
signature of two, Limited to the headquarters
Member with
signing authority Erwin Würsch,
Origin: Emmetten, Switzerland, Residential address: Dallenwil, Switzerland,
joint signature of two, Limited to the headquarters, Registered since:
29.06.2009
Title Name
Auditor Ernst & Young AG,
Residential address: Bern, Switzerland
Consolidation: consolidated
Industry: Trade/Industry
Fiscal
year end: 31.12.2011 31.12.2010 31.12.2009 31.12.2008
31.12.2007
Number
of months: 12 12 12 12 12
Currency: th.
CHF th. CHF th. CHF th. CHF th.
CHF
Statement
norm: IAS IAS IAS IAS IAS
Balance
Sheet
Intangible
fixed assets 842'000.0 768'000.0 834'000.0 780'000.0 945'000.0
Land
and buildings 232'000.0 208'000.0 211'000.0 229'000.0 259'000.0
Other
tangible fixed assets 251'000.0 230'000.0 269'000.0 263'000.0 272'000.0
Tangible
fixed assets 483'000.0 438'000.0 480'000.0 492'000.0 531'000.0
Financial
fixed assets 910'000.0 542'000.0 370'000.0 330'000.0 491'000.0
other
fixed assets 311'000.0 280'000.0 293'000.0 231'000.0 247'000.0
Fixed
assets 2'546'000.0 2'028'000.0 1'977'000.0 1'833'000.0 2'214'000.0
Stocks 407'000.0 359'000.0 595'000.0 605'000.0 789'000.0
Trade
accounts receivable 1'376'000.0 1'280'000.0 1'707'000.0 1'714'000.0 1'933'000.0
Liquid
assets 2'403'000.0 2'310'000.0 1'919'000.0 1'254'000.0 1'026'000.0
Securities 259'000.0 125'000.0 257'000.0 565'000.0 260'000.0
other
trade accounts 544'000.0 1'197'000.0 524'000.0 640'000.0 729'000.0
Accruals 109'000.0 131'000.0 101'000.0 178'000.0 190'000.0
Other
current assets 3'315'000.0 3'763'000.0 2'801'000.0 2'637'000.0 2'205'000.0
Current
assets 5'098'000.0 5'402'000.0 5'103'000.0 4'956'000.0 4'927'000.0
Total
assets 7'644'000.0 7'430'000.0 7'080'000.0 6'789'000.0 7'141'000.0
Capital 12'000.0 12'000.0 12'000.0 12'000.0 12'000.0
Other
shareholders funds 2'770'000.0 2'703'000.0 2'400'000.0 1'881'000.0 1'945'000.0
Total
shareholders equity 2'782'000.0 2'715'000.0 2'412'000.0 1'893'000.0 1'957'000.0
Minority
interests 35'000.0 104'000.0 109'000.0 125'000.0 125'000.0
long
term debt (financial debts) 619'000.0 132'000.0 245'000.0 257'000.0 381'000.0
Provisions 381'000.0 346'000.0 319'000.0 268'000.0 266'000.0
Other
non current liabilities 482'000.0 462'000.0 529'000.0 520'000.0 585'000.0
Non
current liabilities 1'482'000.0 940'000.0 1'093'000.0 1'045'000.0 1'232'000.0
short
term debt (financial debts) 169'000.0 145'000.0 174'000.0 526'000.0 375'000.0
Trade
accounts payable 794'000.0 722'000.0 1'013'000.0 1'142'000.0 1'285'000.0
Provisions 195'000.0 144'000.0 154'000.0 149'000.0 199'000.0
Accruals 1'177'000.0 1'180'000.0 1'236'000.0 1'160'000.0 1'240'000.0
other
accounts payable 1'010'000.0 1'480'000.0 889'000.0 749'000.0 728'000.0
other
current liabilities 2'382'000.0 2'804'000.0 2'279'000.0 2'058'000.0 2'167'000.0
Current
liabilities 3'345'000.0 3'671'000.0 3'466'000.0 3'726'000.0 3'827'000.0
Shareh.
equity, min. interests + liabilities 7'644'000.0 7'430'000.0 7'080'000.0 6'789'000.0 7'141'000.0
Profit
and loss account
Net
sales 7'658'000.0 8'115'000.0 12'691'000.0 13'941'000.0 13'352'000.0
Other
operating revenue 196'000.0 72'000.0 64'000.0 86'000.0 483'000.0
Operating
revenue 7'854'000.0 8'187'000.0 12'755'000.0 14'027'000.0 13'835'000.0
Cost
of goods sold 2'329'000.0 2'302'000.0 6'437'000.0 7'641'000.0 7'564'000.0
Gross
profit 5'525'000.0 5'885'000.0 6'318'000.0 6'386'000.0 6'271'000.0
Other
operating expenses 4'735'000.0 4'935'000.0 5'344'000.0 5'497'000.0 6'027'000.0
Operating
result 790'000.0 950'000.0 974'000.0 889'000.0 244'000.0
Interest
revenues 41'000.0 39'000.0 33'000.0 114'000.0 55'000.0
other
financial revenues 21'000.0 15'000.0 12'000.0 1'000.0 293'000.0
Financial
income 62'000.0 54'000.0 45'000.0 115'000.0 348'000.0
Interest
expenses 22'000.0 17'000.0 45'000.0 91'000.0 67'000.0
other
financial expenses 40'000.0 49'000.0 70'000.0 35'000.0 39'000.0
Financial
expenses 62'000.0 66'000.0 115'000.0 126'000.0 106'000.0
Financial
result 0.0 -12'000.0 -70'000.0 -11'000.0 242'000.0
Result
before extraordinary items 790'000.0 938'000.0 904'000.0 878'000.0 486'000.0
Extraordinary
income 35'000.0 32'000.0
Extraordinary
Result 35'000.0 32'000.0
Result
before taxes 825'000.0 970'000.0 904'000.0 878'000.0 486'000.0
Taxes 214'000.0 259'000.0 251'000.0 244'000.0 208'000.0
Result
before minority interests 611'000.0 711'000.0 653'000.0 634'000.0 278'000.0
minority
interests 25'000.0 34'000.0 28'000.0 19'000.0 24'000.0
Result
for the financial year 586'000.0 677'000.0 625'000.0 615'000.0 254'000.0
Cash
flow
Depreciation 119'000.0 132'000.0 150'000.0 129'000.0 128'000.0
Cash
flow 730'000.0 843'000.0 803'000.0 763'000.0 406'000.0
Cash
flow from operating activities 690'000.0 1'114'000.0 1'052'000.0 1'062'000.0 602'000.0
Investments
in tangible fixed assets 124'000.0 147'000.0 103'000.0 113'000.0 96'000.0
Cash
flow from investing activities -464'000.0 -361'000.0 215'000.0 -525'000.0 -11'000.0
Cash
flow from financing activities -102'000.0 -339'000.0 -624'000.0 -264'000.0 -511'000.0
Others -41'000.0 -13'000.0 22'000.0 -45'000.0 -28'000.0
Change
in liquidity 83'000.0 401'000.0 665'000.0 228'000.0 52'000.0
Liquidity
at beginning of the year 2'320'000.0 1'919'000.0 1'254'000.0 1'026'000.0 974'000.0
Liquidity
at end ot the year 2'403'000.0 2'320'000.0 1'919'000.0 1'254'000.0 1'026'000.0
Notes
Material
costs 2'329'000.0 2'302'000.0 6'437'000.0 7'641'000.0 7'564'000.0
Cost
of employees 2'965'000.0 3'162'000.0 3'402'000.0 3'522'000.0 3'512'000.0
Research
and Development 113'000.0 109'000.0 109'000.0 100'000.0
Orders
received 8'249'000.0 8'778'000.0 12'865'000.0 14'479'000.0 14'116'000.0
Added
value 3'931'000.0 4'281'000.0 4'501'000.0 4'620'000.0 4'065'000.0
Working
Capital 989'000.0 917'000.0 1'289'000.0 1'177'000.0 1'437'000.0
Sales
per Employee 172.5 188.7 292.2 309.4 295.3
Market
capitalisation 13'149'000.0 13'408'000.0 9'495'000.0 5'778'000.0 9'089'000.0
Gross
cost land and buildings 490'000.0 441'000.0 451'000.0 443'000.0 483'000.0
Gross
cost other tangible fixed assets 906'000.0 893'000.0 1'014'000.0 1'012'000.0 1'101'000.0
Gross
cost total 1'396'000.0 1'334'000.0 1'465'000.0 1'455'000.0 1'584'000.0
Insurance
value total 2'015'000.0 1'774'000.0 2'142'000.0 1'905'000.0 1'887'000.0
Employees at year end 44'387 43'010 43'437 45'063 45'208
Employees average 43'685 42'687 44'086 45'204 44'550
Employees
inland 4'543 4'339 4'400 4'592 4'566
Employees
abroad 39'844 38'671 39'037 40'471 40'642
Name: Schindler Holding AG
City/Country: Hergiswil,
Switzerland/CH
No. of Owner/-s: 1
Owner: The
company is domestic owned.
Class: 100%
Name: Schindler
Holding AG
City/Country: Hergiswil,
Switzerland/CH
Interest: 100.00%
voting right, 100.00% capital interest
Class: 40-49%
Name: Hammetschwand
Lift AG
City/Country: Fürigen-Obbürgen,
Switzerland/CH
Interest: 40.00%
voting right, 40.00% capital interest
An updated legal action check is only available against proof of
interest. e.g. a copy of an enquiry letter, and order or invoice relating to
the subject company.
Financial Statements: The
company does not disclose any financial statements. Third parties are not
permitted any insight into the financial affairs. It is therefore difficult to
make a proper assessment of the actual situation.
Financial Situation: The
financial situation is considered to be good.
Payment experiences: Financial
obligations are met as appropriate.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.47 |
|
|
1 |
Rs.86.60 |
|
Euro |
1 |
Rs.68.66 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.