MIRA
INFORM REPORT
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Report Date : |
28.03.2012 |
IDENTIFICATION DETAILS
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Name : |
SCIONIX |
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Registered Office : |
Regulierenring 5, Bunnik, 3981 LA |
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Country : |
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Financials (as on) : |
31.05.2011 |
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Date of Incorporation : |
28.09.1992 |
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Com. Reg. No.: |
30109468 |
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Legal Form : |
Private Independent |
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Line of Business : |
Wholesale distribution of surgical and other medical instruments |
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No. of Employees : |
13 |
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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Status : |
Moderate |
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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 – September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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A1 |
A1 |
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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
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Scionix Holland B.V. |
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Employees: |
13 |
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Company Type: |
Private
Independent |
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Incorporation
Date: |
28-Sep-1992 |
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Fiscal Year End:
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31-May-2011 |
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Reporting
Currency: |
Euro |
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Annual Sales: |
NA |
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Total Assets: |
4.5 |
Business Description
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Scionix Holland B.V. is primarily engaged
in the wholesale distribution of surgical and other medical instruments,
apparatus, and equipment; dentist equipment; artificial limbs; operating room
and hospital equipment; X-ray machines; and other electromedical equipment
and apparatus used by physicians and in hospitals. Also This also includes
the wholesale distribution of professional supplies used by medical and
dental practitioners. |
Industry
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Industry |
Miscellaneous
Capital Goods |
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ANZSIC 2006: |
3739 - Other
Goods Wholesaling Not Elsewhere Classified |
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NACE 2002: |
5190 - Other
wholesale |
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NAICS 2002: |
423990 - Other
Miscellaneous Durable Goods Merchant Wholesalers |
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5190 - Other
wholesale |
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US SIC 1987: |
5047 - Medical,
Dental, and Hospital Equipment and Supplies |
Key Executives
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Registered No.(NLD)
30109468
Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7447848
Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6956038
Corporate Overview
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Sales EUR(mil): |
NA |
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Assets EUR(mil): |
3.1 |
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Employees: |
13 |
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Fiscal Year End: |
31-May-2011 |
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Industry: |
Miscellaneous
Capital Goods |
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Incorporation Date: |
28-Sep-1992 |
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Company Type: |
Private
Independent |
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Quoted Status: |
Not Quoted |
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Registered No.(NLD): |
30109468 |
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Sales manager: |
J.G. Verkerk |
Industry
Codes
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Business
Description
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Financial
Data
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Annual Balance
Sheet |
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Financials in:
USD (mil) |
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31-May-2011 |
31-May-2010 |
31-May-2009 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.695604 |
0.814963 |
0.706489 |
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Consolidated |
No |
No |
No |
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Other reserves |
2.9 |
2.7 |
4.0 |
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Total
stockholders equity |
3.0 |
2.8 |
4.1 |
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Provisions and allowances |
0.2 |
0.1 |
0.2 |
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Total current
liabilities |
1.3 |
1.0 |
1.4 |
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Total
liabilities (including net worth) |
4.5 |
3.9 |
5.7 |
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Total tangible
fixed assets |
0.7 |
0.7 |
0.9 |
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Total non-current
assets |
0.7 |
0.7 |
0.9 |
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Net stocks and work in progress |
0.7 |
0.3 |
0.4 |
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Total
receivables |
1.6 |
1.0 |
1.7 |
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Cash and liquid assets |
1.4 |
2.0 |
2.7 |
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Total current
assets |
3.8 |
3.2 |
4.8 |
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Total assets |
4.5 |
3.9 |
5.7 |
Annual Ratios
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Financials in:
USD (mil) |
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31-May-2011 |
31-May-2010 |
31-May-2009 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.695604 |
0.814963 |
0.706489 |
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Consolidated |
No |
No |
No |
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Current ratio |
2.90 |
3.10 |
3.40 |
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Acid test ratio |
2.30 |
2.80 |
3.10 |
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Current liabilities to net worth |
0.44% |
0.37% |
0.34% |
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Fixed assets to net worth |
0.22% |
0.25% |
0.22% |
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Net worth |
3.0 |
2.8 |
4.1 |
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Number of employees |
13 |
13 |
13 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.50.90 |
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1 |
Rs.81.27 |
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Euro |
1 |
Rs.67.98 |
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 |
-- |
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.