MIRA
INFORM REPORT
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Report Date : |
18.06.2012 |
IDENTIFICATION DETAILS
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Name : |
FINN-POWER OY |
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Registered Office : |
Metallitie |
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Country : |
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Year of Establishment : |
1969 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Manufactures hydraulic swaging/crimping machines, ranging from light-duty, hand-operated units to complete automatic batch production machines |
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No. of Employees : |
504 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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 |
Company name and address
Finn-Power Oy
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Business Description
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Through its subsidiaries the Corporation manufactures hydraulic
swaging/crimping machines, ranging from light-duty, hand-operated units to complete
automatic batch production machines |
Industry
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Industry |
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ANZSIC 2006: |
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NACE 2002: |
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NAICS 2002: |
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UK SIC 2003: |
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US SIC 1987: |
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Key Executives
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1 - Profit &
Loss Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064
Corporate Overview
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Corporate Structure News
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Total Corporate
Family Members: 26 |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Collegno |
Italy |
Miscellaneous Capital Goods |
435.2 |
1,489 |
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Subsidiary |
Kauhava |
Finland |
Miscellaneous Capital Goods |
182.8 |
504 |
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Subsidiary |
Cologna Veneta, Verona |
Italy |
Miscellaneous Capital Goods |
40.5 |
166 |
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Subsidiary |
Nazareth |
Belgium |
Miscellaneous Capital Goods |
11.4 |
15 |
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Subsidiary |
Schaumburg, IL |
United States |
Miscellaneous Capital Goods |
7.1 |
13 |
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Subsidiary |
Kauhava |
Finland |
Miscellaneous Fabricated Products |
110.9 |
336 |
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Subsidiary |
St Pierre Du Perray |
France |
Construction and Agriculture Machinery |
13.1 |
34 |
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Subsidiary |
Moncalieri |
Italy |
Electronic Instruments and Controls |
40.4 |
192 |
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Subsidiary |
Chicopee, MA |
United States |
Construction Services |
84.9 |
90 |
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Division |
Chicopee, MA |
United States |
Electronic Instruments and Controls |
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125 |
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Division |
Champlin, MN |
United States |
Miscellaneous Capital Goods |
14.4 |
30 |
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Division |
Chicopee, MA |
United States |
Electronic Instruments and Controls |
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13 |
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Subsidiary |
Dietzenbach, Hessen |
Germany |
Appliance and Tool |
24.7 |
46 |
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Subsidiary |
Rubi, Barcelona |
Spain |
Miscellaneous Capital Goods |
16.2 |
39 |
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Subsidiary |
Moscow |
Russian Federation |
Miscellaneous Capital Goods |
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20 |
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Subsidiary |
Coventry |
United Kingdom |
Business Services |
9.3 |
15 |
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Subsidiary |
Toronto, ON |
Canada |
Miscellaneous Capital Goods |
8.7 |
12 |
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Subsidiary |
Sharjah |
United Arab Emirates |
Miscellaneous Capital Goods |
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Subsidiary |
Novosibirsk |
Russian Federation |
Miscellaneous Capital Goods |
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Subsidiary |
Warwick |
United Kingdom |
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Subsidiary |
Chicopee, MA |
United States |
Electronic Instruments and Controls |
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Subsidiary |
Milton Keynes |
United Kingdom |
Business Services |
1.5 |
6 |
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Subsidiary |
Jihlava |
Czech Republic |
Miscellaneous Capital Goods |
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Subsidiary |
Beijing |
China |
Miscellaneous Capital Goods |
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Subsidiary |
Beijing |
China |
Miscellaneous Capital Goods |
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Subsidiary |
Gothenburg |
Sweden |
Miscellaneous Capital Goods |
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Executives Report
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.76 |
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1 |
Rs.86.69 |
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Euro |
1 |
Rs.70.44 |
INFORMATION DETAILS
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Report Prepared
by : |
PRL |
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.