MIRA INFORM REPORT

 

 

Report Date :

09.08.2012

 

IDENTIFICATION DETAILS

 

Name :

DRESSMANN AB

 

 

Registered Office :

Box 947, 70131 Örebro

 

 

Country :

Sweden

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

13.02.1996

 

 

Com. Reg. No.:

5565295960

 

 

Legal Form :

Limited liability company

 

 

Line of Business :

Retail sale of men''s clothing in specialised stores

 

 

No. of Employees :

723

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Sweden

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


REGISTERED NAME & COMPANY SUMMARY

 

Business Name

Dressmann AB

Country

SWEDEN

Company Registration Number

5565295960

Main Activity

Retail sale of men''s clothing in specialised stores

Activity Code

47712

Company Status

Active

Latest Turnover Figure

1.506.389.000 SEK

Latest Shareholder Equity Figure

664.792.000 SEK

Credit Limit

50.000.000 SEK

Basic Information

Business Name

Dressmann AB

Registered Company Name

Dressmann AB

Company Registration Number

5565295960

Country

SWEDEN

VAT Registration Number

SE556529596001

Date of Company Registration

13/02/1996

Legal Form

Limited liability company

Company Status

Active

Currency of this Report

SEK

Principal Activity Description

Bolaget skall driva handelsrörelse inom konfektion jämte annan därmed förenlig verksamhet.

Contact Address

70131 ÖREBRO

Contact Telephone Number

019-217300

Main Address

Address

Country

Telephone

Box 947, 70131 ÖREBRO

SWEDEN

019-217300

Other Address

Address

Country

Kompanigatan 40, JÖNKÖPING 55305

SWEDEN

Kungsgatan 21, ENKÖPING 74935

SWEDEN

Bredgatan 11, VÄSTERVIK 59330

SWEDEN

Nödingevägen 7, NÖDINGE 44931

SWEDEN

Gamla Kronvägen 7, PARTILLE 43333

SWEDEN

Verkövägen 9, LYCKEBY 37162

SWEDEN

Angereds Torg 32, ANGERED 42465

SWEDEN

Swedenborgsgatan 5, GÖTEBORG 41705

SWEDEN

Kaggensgatan 14, KALMAR 39232

SWEDEN

Frykmans Väg 1, KARLSTAD 65346

SWEDEN

Ringvägen 76, KÖPING 73133

SWEDEN

Gesällvägen 1, SUNDSVALL 85753

SWEDEN

Stora Brogatan 12, BORĹS 50330

SWEDEN

Bĺlsta Centrum, BĹLSTA 74632

SWEDEN

Marknadsvägen 7, LÖDDEKÖPINGE 24642

SWEDEN

Charlottenbergsvägen 2, CHARLOTTENBERG 67332

SWEDEN

Algatan 19, TRELLEBORG 23142

SWEDEN

Brogatan 5-15, MÖLNDAL 43130

SWEDEN

Cederströms Slinga, ARLANDASTAD 19561

SWEDEN

Drottninggatan 16, KARLSTAD 65225

SWEDEN

Formvägen 4, UMEĹ 90621

SWEDEN

Frykholmsgatan 5, HÄSSLEHOLM 28131

SWEDEN

Föreningsgatan 6, KIRUNA 98131

SWEDEN

Hornsgatan 1, NYBRO 38240

SWEDEN

Järnvägsgatan 8, LANDSKRONA 26132

SWEDEN

Kungsgatan 15, RONNEBY 37230

SWEDEN

Kungsgatan 16, ĹMĹL 66231

SWEDEN

Kungsgatan 2, UDDEVALLA 45130

SWEDEN

Kungsgatan 46, KRISTINEHAMN 68131

SWEDEN

Köpmangatan 8, SÖDERHAMN 82630

SWEDEN

Köpmannagatan 3, SKÖVDE 54145

SWEDEN

Lasarettsgatan 1, VETLANDA 57432

SWEDEN

Marknadsgränd 1, TYRESÖ 13540

SWEDEN

Mor Kerstins Torg 2, KINNA 51154

SWEDEN

Nordby Köpcentrum Västra, STRÖMSTAD 45270

SWEDEN

Rapsgatan 1 F-H, UPPSALA 75323

SWEDEN

Ronnebygatan 45, KARLSKRONA 37133

SWEDEN

Saluvägen 2-4, TÄBY 18766

SWEDEN

Sevedegatan 35, VIMMERBY 59837

SWEDEN

Skomakaregatan 3, LUND 22350

SWEDEN

Stationsvägen 5, ĹKERSBERGA 18450

SWEDEN

Stockholmsvägen 55 A, LIDINGÖ 18132

SWEDEN

Stora Torget, SALA 73330

SWEDEN

Storgatan 14, SIMRISHAMN 27231

SWEDEN

Storgatan 39, NÄSSJÖ 57131

SWEDEN

Storgatan 40, ÄNGELHOLM 26232

SWEDEN

Storgatan 41, TRANĹS 57332

SWEDEN

Storgatan 53, SOLLEFTEĹ 88130

SWEDEN

Storgatsbacken 11, VÄRNAMO 33130

SWEDEN

Strandgatan 20, KALIX 95233

SWEDEN

Söderleden 1, MELLBYSTRAND 31261

SWEDEN

Södra Storgatan 3, GISLAVED 33233

SWEDEN

Torggatan 7, VÄSTERĹS 72215

SWEDEN

Tullportsgatan 18, NORRTÄLJE 76130

SWEDEN

Tumba Torg 1, TUMBA 14730

SWEDEN

Väla Centrum, ÖDĹKRA-VÄLA 26036

SWEDEN

Västra Gatan 63, KUNGÄLV 44231

SWEDEN

Västra Stationsgatan 5, BOLLNÄS 82143

SWEDEN

Västra Storgatan 7, HALLSBERG 69430

SWEDEN

Österväg 6, VISBY 62145

SWEDEN

Östra Torggatan 4, ARVIKA 67131

SWEDEN

Drottninggatan 30-32, STOCKHOLM 11151

SWEDEN

Drottninggatan 56, STOCKHOLM 11121

SWEDEN

Bilbyggarvägen 8, KALMAR 39356

SWEDEN

Burlöv Center, ARLÖV 23237

SWEDEN

Centralgatan 9, NYNÄSHAMN 14932

SWEDEN

Centrumleden 25 AFFÄRSHUSET KULAN, KARLSKOGA 69131

SWEDEN

Dragarbrunnsgatan 43 C, UPPSALA 75320

SWEDEN

Drottninggatan 10, GÄVLE 80320

SWEDEN

Drottninggatan 64, KARLSHAMN 37436

SWEDEN

Edsgatan 19, VÄNERSBORG 46233

SWEDEN

Eurostop, HALMSTAD 30263

SWEDEN

Fleminggatan 40, STOCKHOLM 11233

SWEDEN

Frölunda Torg, VÄSTRA FRÖLUNDA 42142

SWEDEN

Gallerian 101, VÄSTERĹS 72213

SWEDEN

Guldsmeden 6, HUDIKSVALL 82430

SWEDEN

Gunborg Nymans Väg 2, ESKILSTUNA 63222

SWEDEN

Götgatan 60, STOCKHOLM 11826

SWEDEN

Holmgatan 17, FALUN 79171

SWEDEN

Jerikodalsgatan 3, MJÖLBY 59530

SWEDEN

Kungsgatan 10, MOTALA 59130

SWEDEN

Kungsgatan 22, ESKILSTUNA 63220

SWEDEN

Kungsgatan 28, ALINGSĹS 44130

SWEDEN

Kungsgatan 32, TROLLHÄTTAN 46130

SWEDEN

Kungsgatan 32, BODEN 96134

SWEDEN

Kungsgatan 42-44, GÖTEBORG 41115

SWEDEN

Kupolen 87, BORLÄNGE 78170

SWEDEN

Kyrkogatan 19, MORA 79230

SWEDEN

Köpmangatan 13, ÖREBRO 70210

SWEDEN

Köpmangatan 15, KATRINEHOLM 64130

SWEDEN

Lagergatan 6, VÄXJÖ 35246

SWEDEN

Liljeholmstorget 7, STOCKHOLM 11763

SWEDEN

Nya Torget 3, MARIESTAD 54230

SWEDEN

Nygatan 31, FALKENBERG 31131

SWEDEN

Nygatan 51, SKELLEFTEĹ 93131

SWEDEN

Nynäsvägen 21, HANDEN 13637

SWEDEN

Pajalagatan 37, VÄLLINGBY 16265

SWEDEN

Per Albin Hanssons Väg 40, MALMÖ 21432

SWEDEN

Postgĺngen 47, SOLNA 17145

SWEDEN

Prästgatan 39, ÖSTERSUND 83131

SWEDEN

Rĺdhusesplanaden 3, UMEĹ 90328

SWEDEN

Smedsgatan 11, SANDVIKEN 81130

SWEDEN

Stora Torg 8, ESLÖV 24130

SWEDEN

Stora Östergatan 25, YSTAD 27134

SWEDEN

Storgatan 11, VÄXJÖ 35230

SWEDEN

Storgatan 15, HALMSTAD 30243

SWEDEN

Storgatan 18, SKÖVDE 54130

SWEDEN

Storgatan 19-21, ULRICEHAMN 52330

SWEDEN

Storgatan 24, HÄRNÖSAND 87131

SWEDEN

Storgatan 29, LYCKSELE 92131

SWEDEN

Storgatan 34, SUNDSVALL 85230

SWEDEN

Storgatan 40, LULEĹ 97231

SWEDEN

Storgatan 60, PITEĹ 94132

SWEDEN

Storgatan 7, SÖDERTÄLJE 15172

SWEDEN

Storgatan 8, FALKÖPING 52142

SWEDEN

Storholmsgatan 13, SKÄRHOLMEN 12748

SWEDEN

Sturegatan 27, SUNDBYBERG 17231

SWEDEN

Svartbäcksgatan 7, UPPSALA 75320

SWEDEN

Torp KÖPCENTRUM, UDDEVALLA 45176

SWEDEN

Ulvsundavägen 185, BROMMA 16867

SWEDEN

Västra Storgatan 24, NYKÖPING 61132

SWEDEN

Västra Torggatan 2 A, OSKARSHAMN 57230

SWEDEN

Älverudsvägen 1, TÖCKSFORS 67010

SWEDEN

Ölands Köpstad, FÄRJESTADEN 38631

SWEDEN

Östergatan 12, MALMÖ 21125

SWEDEN

Östra Förstadsgatan 56, MALMÖ 21212

SWEDEN

Östra Storgatan 28, JÖNKÖPING 55321

SWEDEN

Östra Storgatan 59 LILLA TORG, KRISTIANSTAD 29131

SWEDEN

Gesällvägen 1, SUNDSVALL 85753

SWEDEN

Smedjegatan 13, VÄSTERĹS 72213

SWEDEN

Kista Galleria, KISTA 16491

SWEDEN

Krokegĺrdsgatan 5 BACKAPLAN, GÖTEBORG 41705

SWEDEN

Vasagatan 24-26, STOCKHOLM 11120

SWEDEN

Krankroksgatan 17, VÄSTERĹS 72138

SWEDEN

Storforsplan 11, FARSTA 12347

SWEDEN

Postgatan 30, GÖTEBORG 41106

SWEDEN

Forumvägen 12, NACKA 13153

SWEDEN

Framnäsvägen 1, LIDKÖPING 53154

SWEDEN

Lasarettsgatan 20, ÖRNSKÖLDSVIK 89133

SWEDEN

Sergelgĺngen 9, STOCKHOLM 11157

SWEDEN

Storgatan 19, LUDVIKA 77130

SWEDEN

Nygatan 22, LINKÖPING 58219

SWEDEN

Västra Vallgatan 2, VARBERG 43241

SWEDEN

Arenavägen 57, JOHANNESHOV 12177

SWEDEN

Marknadsgatan 1, UPPSALA 75460

SWEDEN

Lidaleden 12, NORRKÖPING 60359

SWEDEN

Haninge Centrum, HANDEN 13646

SWEDEN

Forelltorget 6, HUDDINGE 14147

SWEDEN

Dragaregatan 1, HYLLINGE 26575

SWEDEN

Stockholmsvägen 132, VÄSTERĹS 72134

SWEDEN

Högdalsgĺngen 17, BANDHAGEN 12454

SWEDEN

Lona Knapes Gata 1, VÄSTRA FRÖLUNDA 42132

SWEDEN

Koppargatan 20, NORRKÖPING 60223

SWEDEN

Riddarplatsen 33, JÄRFÄLLA 17730

SWEDEN

Jägersrovägen 151, MALMÖ 21375

SWEDEN

Herrestavägen 25, JÄRFÄLLA 17738

SWEDEN

Ekenleden 1, KĹLLERED 42836

SWEDEN

Kista Galleria, KISTA 16491

SWEDEN

Skaraborgsvägen 62, BORĹS 50630

SWEDEN

Borgmästaregatan 5, KUNGSBACKA 43432

SWEDEN

Eskilsgatan 1, LJUNGBY 34130

SWEDEN

Verkstadsgatan 6, KALMAR 39239

SWEDEN

Stationsvägen 12, FAGERSTA 73740

SWEDEN

Säljarevägen 1 101, ÖREBRO 70236

SWEDEN

Västra Kyrkallén 7, GÄLLIVARE 98231

SWEDEN

Företagsvägen 10, LUND 22761

SWEDEN

Karlbergsvägen 4, STOCKHOLM 11327

SWEDEN

Markustorget 1, AVESTA 77430

SWEDEN

Trädgĺrdsgatan 14 B, STRÄNGNÄS 64531

SWEDEN

Diagonalvägen 4, KUNGENS KURVA 14175

SWEDEN

Nordanvindsgatan 20, STENUNGSUND 44430

SWEDEN

Glimmervägen 14, SOLLENTUNA 19162

SWEDEN

Strömpilsplatsen 31, UMEĹ 90743

SWEDEN

Södergatan 32, HELSINGBORG 25225

SWEDEN

Svedengatan 7, LINKÖPING 58273

SWEDEN

Södra Förstadsgatan 41, MALMÖ 21143

SWEDEN

Västantorget 260, TÄBY 18334

SWEDEN

Valbo Köpcentrum, VALBO 81832

SWEDEN

Drottninggatan 29, ÖREBRO 70222

SWEDEN

Drottninggatan 41, NORRKÖPING 60232

SWEDEN

Marknadsvägen 9, ÖDĹKRA-VÄLA 26036

SWEDEN

Fenix Väg 4-14, GUSTAVSBERG 13444

SWEDEN

Dragonvägen 86, UPPLANDS VÄSBY 19433

SWEDEN

Chaufförvägen 27 A, ÖSTERSUND 83148

SWEDEN

Ladugĺrdsvägen 12 SIBA-HUSET ÖVERBY, TROLLHÄTTAN 46170

SWEDEN

Email Addresses

orebro@dressmann.no

Web Pages

www.dressmann.com

 

DIRECTORS/MANAGEMENT

 

Current Directors

Name

Appointment Date

Position

 

Varner, Stein Marius

25/11/1998

Actual Member of Board

 

Bustnes, Öyvind

01/11/2003

Actual Member of Board

 

Oksebaas, Petter-Marius

01/11/2003

Actual Member of Board

 

Varner, Joakim

05/06/2007

Actual Member of Board

 

 

 

NEGATIVE INFORMATION

 

No negative information found.

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Issued Share Capital

26.000.000 SEK

 

 

PAYMENT INFORMATION

 

Debt balance at the Swedish Enforcement Agency

Number of Private Claims

-

Balance of Private Claims

-

Number of Public Claims

-

Balance of Public Claims

-

Total Balance

-

Record of non-payment

Number of distraint attempts and repossessions

-

Number of public claims

-

Number of private claims

-

Number of applications for an order to pay

-

Number of reclaimed/revoked applications

3

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Ultimate Holding Parent

Ultimate Holding Company Name

DRESSMAN AS

Ultimate Holding Company Country

NORWAY

Immediate Holding Parent

No information for this company.

Subsidary Companies

Subsidiary Name

Country

Number

No subsidaries for this company.

 

 

Affiliates

Affiliate Name

Country

Number

No affiliates for this company.

 

 

 

 

FINANCIAL INFORMATION

 

Profit and Loss

Financial Year

2011

2010

2009

Number of Weeks

52

52

52

Currency

SEK

SEK

SEK

Conslotidated Accounts

N

N

N

Revenue

1.508.697.000

1.554.325.000

1.356.383.000

Operating Costs

1.449.472.000

1.402.433.000

1.229.320.000

Operating Profit

59.225.000

151.892.000

127.063.000

Wages & Salaries

-291.883.000

-280.245.000

-261.795.000

Depreciation

-44.476.000

-32.215.000

-25.053.000

Financial Income

9.273.000

16.914.000

2.230.000

Financial Expenses

-893.000

-1.059.000

-1.491.000

Extraordinary Income

-

-

-

Extraordinary Costs

-893.000

-1.059.000

-1.491.000

Profit before Tax

67.605.000

167.747.000

127.802.000

Tax

-16.965.000

-42.060.000

-33.760.000

Profit after Tax

67.605.000

167.747.000

127.802.000

Minority Interests

-

-

-

Other Appropriations

-1.975.000

-8.421.000

-706.000

Retained Profit

48.665.000

117.266.000

93.336.000

Balance Sheet

Financial Year

2011

2010

2009

Number of Weeks

52

52

52

Currency

SEK

SEK

SEK

Consolidated Accounts

N

N

N

Land & Buildings

0

0

78.000

Plant & Machinery

0

0

0

Other Tangible Assets

126.399.000

95.553.000

61.318.000

Total Tangible Assets

126.399.000

95.553.000

61.396.000

Goodwill

0

0

0

Other Intangible Assets

18.443.000

20.708.000

26.413.000

Total Intangible Assets

18.443.000

20.708.000

26.413.000

Loans To Group

0

0

0

Other Loans

0

0

0

Miscellaneous Fixed Assets

294.000

294.000

294.000

Total Other Fixed Assets

294.000

294.000

294.000

TOTAL FIXED ASSETS

145.136.000

116.555.000

88.103.000

Work In Progress

0

0

0

Other Inventories

527.908.000

473.825.000

443.924.000

Total Inventories

527.908.000

473.825.000

443.924.000

Trade Receivables

16.969.000

17.613.000

15.430.000

Group Receivables

1.466.000

2.746.000

536.000

Miscellaneous Receivables

59.574.000

48.812.000

35.085.000

Total Receivables

78.009.000

69.171.000

51.051.000

Cash

133.326.000

242.814.000

179.791.000

Other Current Assets

0

0

0

TOTAL CURRENT ASSETS

739.243.000

785.810.000

674.766.000

TOTAL ASSETS

884.379.000

902.365.000

762.869.000

Trade Payables

54.594.000

103.058.000

75.059.000

Bank Liabilities

0

0

0

Group Payables

1.773.000

14.690.000

37.423.000

Miscellaneous Liabilities

130.527.000

131.546.000

123.003.000

TOTAL CURRENT LIABILITIES

186.894.000

249.294.000

235.485.000

Bank Liabilities Due After 1 Year

0

0

0

Other Loans Or Finance Due After 1 Year

0

0

0

Group Payables After 1 Year

0

0

0

Miscellaneous Liabilities Due After 1 Year

32.693.000

36.944.000

28.523.000

TOTAL LONG TERM LIABILITIES

32.693.000

36.944.000

28.523.000

TOTAL LIABILITIES

219.587.000

286.238.000

264.008.000

Called Up Share Capital

26.000.000

26.000.000

26.000.000

Share Premium

90.800.000

90.800.000

90.800.000

Revenue Reserves

546.792.000

498.127.000

381.011.000

Other Reserves

1.200.000

1.200.000

1.050.000

TOTAL SHAREHOLDERS EQUITY

664.792.000

616.127.000

498.861.000

Other Financials

Contingent Liabilities

0

0

0

Working Capital

552.349.000

536.516.000

439.281.000

Net Worth

646.349.000

595.419.000

472.448.000

Ratios

Pre-Tax Profit Margin

4.48 %

10.79 %

9.42 %

Return On Capital Employed

6.31 %

14.57 %

12.80 %

Return On Total Assets Employed

7.64 %

18.59 %

16.75 %

Return On Net Assets Employed

10.17 %

27.23 %

25.62 %

Sales/Net Working Capital

2.73

2.90

3.09

Stock Turnover Ratio

34.99 %

30.48 %

32.73 %

Debtor Days

4.11

4.14

4.15

Creditor Days

13.21

24.20

20.20

Current Ratio

3.96

3.15

2.87

Liquidity Ratio/Acid Test

1.13

1.25

0.98

Current Debt Ratio

0.28

0.40

0.47

Gearing

 

 

 

Equity In Percentage

76.80 %

69.91 %

67.77 %

Total Debt Ratio

0.33

0.46

0.53

 

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION

 

Activities

Activity Code

Activity Description

47712

Retail sale of men''s clothing in specialised stores

Employee Information

Year

Number of Employees

2011

723

2010

702

2009

683

2008

793

2007

798

Advisors

Auditor Name

Claes Anders Pettersson

Tax Registrations

Registered for FTax

Yes

Registered for VAT

Yes

Registered for Employee Tax

Yes

Certificates

Type

Category

Issuer

No certificate information for this company.

 

 

Industry Comparison

Activity Code

47712

Activity Description

Retail sale of men''s clothing in specialised stores

Industry Average Credit Limit

154.000 SEK

Event History

Event Date

Event Description

15/05/2012

Annual account, new

09/05/2012

Annual report (PDF), new

01/11/2011

Authorised signatory, changed

01/11/2011

Company representatives, changed

01/11/2011

Board, changed

04/10/2011

Fax number, changed

02/05/2011

Annual account, new

22/04/2011

Annual report (PDF), new

06/05/2010

Annual report (PDF), new

04/05/2010

Annual account, new

26/05/2009

Annual account, new

11/05/2009

Annual report (PDF), new

30/09/2008

Authorised signatory, changed

30/09/2008

Board, changed

24/07/2008

Annual account, new

17/07/2008

Board, changed

17/07/2008

Authorised signatory, changed

17/07/2008

Company representatives, changed

09/07/2008

Annual report (PDF), new

 

 

NOTES & COMMENTS

 

Na

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.15

UK Pound

1

Rs.86.00

Euro

1

Rs.68.31

 

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.