MIRA INFORM REPORT

 

 

Report Date :

27.06.2012

 

IDENTIFICATION DETAILS

 

Name :

CONTRAST COMPANY A/S

 

 

Registered Office :

Balticagade 7, DK-8000 AARHUS C

 

 

Country :

Denmark

 

 

Date of Incorporation :

30.09.2011

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale and Agency trade in fashion wear and home textiles.   

 

 

No. of Employees :

25

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

 

--

 

Status :

New company 

 

 

Payment Behaviour :

Unknown 

 

 

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

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Denmark

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company details

 

COMPANY’S NAME                              CONTRAST COMPANY A/S

 

ADDRESS                                         Balticagade 7

                                                         DK-8000 AARHUS C        

                                                           

TELEPHONE-NO                                +45 87 44 87 33

 

TELEFAX-NO                                     +45 86 75 33 65

 

E-MAIL-ADDRESS                             mail@contrast.dk

 

LOCAL CURRENCY                           D K K

 

FOUNDATION                                    Business originally started 08.01.1997 as

                                                         DK20 07 48 41 CONTRAST A/S. This company

                                                         changed name into MHA 268268 A/S 29.09.2011

                                                         and went into receivership.

                                                         Present company was founded 30.09.2011.

                                                        

CENTRAL BUSINESS-REG-NO           CVR.-No.:33954816

 

EU-VAT-ID-NO                                   DK33 95 48 16

 

 

LEGAL FORM

 

Private Limited Company

 

 

SHARE CAPITAL

 

DKK 1.000.000,00

 

 

PARENT COMPANY

                                                        

DK30 48 74 43

NOC HOLDING ApS

Dalgas Avenue 40

DK-8000 AARHUS C                          

 

 

AUDITORS    

 

SAMVIRKENDE REVISORER A/S

Sønderbrogade 16

8700 HORSENS

 

 

BOARD OF DIRECTORS

                                                        

Advokat Jan Snogdal, Chairman

Skolevangs Allé 55

8240 RISSKOV

 

Torben Hartvigsen

Flakvej 17

8240 RISSKOV

 

Frank Panduro

Søndergade 22

8700 HORSENS

 

Jesper Hartvigsen

Byagervej 46A

8330 BEDER

 

 

MANAGING DIRECTOR 

 

Torben Hartvigsen

 

                                                        

ACTIVITY

                                                        

Wholesale and Agency trade in fashion wear and home textiles.   

 

 

EMPLOYEES 

 

25

 

 

TURNOVER   

 

Figures are strictly confidential

 

 

SUBSIDIARIES   

 

None

 

 

FINANCIAL STANDING

                                                        

New company in present form – no financial

details yet available.

Further development to follow.             

 

 

ACCOUNTS   

 

First accounts close 30.06.2012

 

 

REAL ESTATE    

 

Facilities are rented.

 

 

PAYMENTS   

 

Nothing detrimental has been noted

 

 

BANKERS

 

Nordea Bank Danmark A/S

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.57.07

UK Pound

1

Rs.88.95

Euro

1

Rs.71.40

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

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.