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Report Date : |
08.05.2012 |
IDENTIFICATION DETAILS
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Name : |
ROHM AND HAAS |
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Registered Office : |
Sorgenfrivej 15, 2800 Kgs.Lyngby |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
24.10.2006 |
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Legal Form : |
Limited company |
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Line of Business : |
Wholesale of chemical products |
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No. of Employees : |
226 |
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 – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Denmark |
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 |
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Main name ROHM AND HAAS EUROPE TRADING APS |
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Main address SORGENFRIVEJ 15 |
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City 2800 KGS.LYNGBY |
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Country Denmark |
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Phone-no.
+45-35-444301 |
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Nat. partner ID-no. 1355474 |
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ID-/Reg.-no.
29973881 APS |
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Legal form Limited company |
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Company Status Active |
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Latest change 2012-01-24 |
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Activity
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Activity 46.75 Wholesale of chemical products |
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No of employees empl 226 |
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Management Information
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Management GIUSEPPE PEDALA |
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Board of directors GIUSEPPE PEDALA (Chairman of the board) |
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JEAN-LUC SIBIET (Member of the board) |
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Historical Data
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Established 2006 |
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Registered 2006-10-24 |
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Credit Facilities
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Bankers CITIBANK INTERNATIONAL PLC. DENMARK BRANCH H.C. |
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- ANDERSENS BOUL |
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Financial data
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Currency Danish Krone |
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Closing date 2010-12-31 2009-12-31 2008-12-31 |
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Source Ann. report Ann. report Ann. report |
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Turnover 9.299.572.000 8.171.622.000 10.669.132.000 |
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Costs 9.310.880.000 8.143.055.000 10.816.762.000 |
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Ordinary result -42.154.000 -63.669.000 -118.986.000 |
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Tax 38.249.000 11.839.000 -104.000 |
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Annual result -80.403.000 -75.508.000 -118.882.000 |
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<* Assets *> |
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Fixed assets 1.675.607.000 1.782.001.000 1.912.196.000 |
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Current assets 2.576.427.000 2.473.956.000 2.695.673.000 |
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<* Liabilities *> |
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Equity capital 624.961.000 762.403.000 938.140.000 |
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Share capital 618.000 617.000 618.000 |
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Long-term debts 1.378.765.000 1.223.397.000 1.184.398.000 |
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Short-term debts 2.118.473.000 2.168.981.000 2.455.562.000 |
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<* Company Ratios *> |
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Gearing I -332,87 -332,72 -373,69 |
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Acid test ratio I 121,62 114,06 109,78 |
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Acid test ratio II 121,62 114,06 109,78 |
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Return on investment -0,27 0,67 -3,20 |
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Return on equity -6,75 -8,35 -12,68 |
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Solvency ratio 14,70 17,91 20,36 |
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Property
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Property No |
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Corporate Structure
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Parent company ROHM AND HAAS DENMARK HOLDING COMPANY APS |
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- (ID:1199250) (100%) |
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Subsidiaries ROHM AND HAAS SOUTH AFRICA (PTY)LIMITED (100%) |
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ROHM AND HAAS SWITZERLAND PRODUCTION HOLDING GMBH |
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- (100%) |
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ROHM AND HAAS NORDISKA AB (100%) |
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RH DEUTSCHLAND PRODUCTION HOLDING GMBH (GERMANY) |
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- (100%) |
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RH DEUSCHLAND GMBH AND CO KG (GERMANY) (100%) |
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RH ELECTRONIC MATERIALS SCHWEIZ GMBH (100%) |
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Payment profile
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Payment profile Payment regular |
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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.53.34 |
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UK Pound |
1 |
Rs.86.09 |
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Euro |
1 |
Rs.69.37 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
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.