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Report Date : |
06.11.2012 |
IDENTIFICATION DETAILS
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Name : |
KÄRNTNER MASCHINENFABRIKEN EGGER GMBH |
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Registered Office : |
Italienerstraße 62, A-9500 |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Year of Establishment : |
1874 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacturer of other general-purpose machinery Manufacturer of metal structures and parts of structures |
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No. of Employees : |
58 employees |
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 – June 30th, 2012
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Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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Austria |
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 |
austria - ECONOMIC OVERVIEW
Austria, with its
well-developed market economy, skilled labor force, and high standard of
living, is closely tied to other EU economies, especially Germany's. Its
economy features a large service sector, a sound industrial sector, and a
small, but highly developed agricultural sector. Following several years of
solid foreign demand for Austrian exports and record employment growth, the
international financial crisis of 2008 and subsequent global economic downturn
led to a sharp but brief recession. Austrian GDP contracted 3.9% in 2009 but
saw positive growth of about 2% in 2010 and 3% in 2011. Unemployment did not
rise as steeply in Austria as elsewhere in Europe, partly because the
government subsidized reduced working hour schemes to allow companies to retain
employees. Stabilization measures, stimulus spending, and an income tax reform
pushed the budget deficit to 4.7% in 2010 and 3.6% in 2011, from only about
1.3% in 2008. The international financial crisis of 2008 caused difficulties
for Austria''s largest banks whose extensive operations in central, eastern,
and southeastern Europe faced large losses. The government provided bank
support - including in some instances, nationalization - to support aggregate
demand and stabilize the banking system. Austria''s fiscal position compares
favorably with other euro-zone countries, but it faces considerable external
risks, such as Austrian banks'' continued high exposure to central and eastern
Europe as well as political and economic uncertainties caused by the European
sovereign debt crisis. In 2011 the government attempted to pass a
constitutional amendment limiting public debt to 60% of GDP by 2020, but it was
unable to obtain sufficient support in parliament and instead passed the
measure as a simple law. In March 2012, the Austrian parliament approved an
austerity budget that will bring public finances into balance by 2016.
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Source : CIA |
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Last up-date: |
2012-11-05 |
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Company name: |
Kärntner Maschinenfabriken Egger
GmbH |
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Status: |
active company |
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Locations: |
Italienerstraße 62, A-9500 Villach |
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Phone: |
0043 (4242) 23486 |
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Fax: |
0043 (4242) 2379850 |
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E-mail: |
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Internet: |
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Activities: |
Önace 28290 50% Manufacture of other general-purpose
machinery n.e.c. |
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Önace 25110 50% Manufacture of metal structures and parts
of structures |
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General Assessment: |
Model: CompanyScore |
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Probability of Default (Basel II): |
0,06% Very low risk |
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comparison: |
The Rating of this company is better than industry
average. |
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Recommendation: |
In respect to solvency reasons, there is nothing to say against
an establishment of a business relationship. |
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Detail Assessment: |
Payments are sometimes made using cash discounts or
according to conditions. |
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Financial situation is satisfactory. |
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Year of incorporation: |
1874 |
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Type of company: |
Manufacturing |
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Legal form: |
limited liability company since 2008-07-03 |
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companies' house number: |
FN 314219 m Klagenfurt 2008-08-06 |
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Activities: |
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Trade names: |
KMF |
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VAT number: |
ATU 64331002 |
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number - Austrian National Bank: |
8760624 |
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Import |
Country |
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Import |
world-wide |
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2012 |
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Export |
Country |
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Export |
world-wide |
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2012 |
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total turnover (total sales) |
2011 |
EUR 6.100.000,00 |
(approx.) |
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total turnover (total sales) |
2010 |
EUR 6.092.100,00 |
(approx.) |
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total turnover (total sales) |
2009 |
EUR 6.474.800,00 |
(approx.) |
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total employees |
2012 |
58 |
(approx.) |
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white collar workers |
2012 |
24 |
(approx.) |
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blue collar workers |
2012 |
30 |
(approx.) |
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apprentices |
2012 |
4 |
(approx.) |
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total investments |
2011 |
EUR 247.900,69 |
(exact) |
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firm
(style): |
|
1
Kärntner Maschinenfabriken Egger GmbH |
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legal
form: |
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1
Gesellschaft mit beschränkter Haftung |
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registered
office: |
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1
politischer Gemeinde Villach |
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business
adress: |
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1
Italienerstraße 62 |
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capital: |
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1
EUR 1.750.000 |
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reference
date annual accounts: |
|
1
31. Dezember |
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annual
accounts: |
|
7
zum 31.12.2011 eingereicht am
03.07.2012 |
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power
of representation: |
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1
Die Gesellschaft hat einen oder mehrere Geschäftsführer. |
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proxy: |
|
D
Mag. Ina Sommeregger, geb. 06.09.1978 |
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managing
director: |
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A
Dr. Oliver Zlamal, geb. 10.06.1974 |
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shareholder: |
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A
Dr. Oliver Zlamal, geb. 10.06.1974 |
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general
table: |
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Landesgericht Klagenfurt |
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Real
estate text: |
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No real estate property registered |
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Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as
registered in the companies' house) |
|
Dr. Oliver Zlamal |
1974-06-10 |
9431 St. Stefan Lavanttal Südweg 11 |
manager, partner |
6 |
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Dkfm.Dr. Monika Egger |
1941-08-12 |
9500 Villach Italienerstraße 62 |
partner |
8 |
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Mag. Ina Sommeregger |
1978-09-06 |
9431 St. Stefan Lavanttal Südweg 11 |
partner, individual signing clerk |
5 |
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Sibylla Zlamal |
1943-08-01 |
9020 Klagenfurt Aichelburg Labiastraße 43 |
partner |
6 |
(absolute) all amounts in
EUR
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|
2011-12-31 |
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Intangible assets |
193.894,00 |
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Sum intangible assets |
193.894,00 |
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Tangible assets |
455.542,00 |
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Sum tangible assets |
455.542,00 |
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Sum fixed assets |
649.436,00 |
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Stocks |
2.376.449,00 |
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Sum stock |
2.376.449,00 |
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Claims and other assets |
1.931.982,53 |
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Sum claims |
1.931.982,53 |
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Cash on hand, cheques and bank deposits |
1.200.681,82 |
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Sum cash and bank |
1.200.681,82 |
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Sum current assets |
5.509.113,35 |
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Assets |
6.158.549,35 |
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Subscribed/declared capital |
1.750.000,00 |
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Balance sheet profit/balance sheet loss |
1.138.390,91 |
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Thereof profit/loss carried forward |
1.133.429,67 |
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Sum equity capital |
2.888.390,91 |
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Other reserves before taxes |
12.626,00 |
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Sum reserves before taxes |
12.626,00 |
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Reserves |
671.431,00 |
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Sum reserves |
671.431,00 |
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Liabilities |
2.586.101,44 |
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Sum liabilities |
2.586.101,44 |
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Liabilities |
6.158.549,35 |
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Balance sheet sum |
6.158.549,35 |
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2011 |
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Equity capital share |
47,10 |
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Fixed assets coverage |
446,69 |
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Type |
Locations |
Description |
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E-mail |
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operational |
Italienerstraße 62, A-9500 Villach |
registered office |
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operational |
Italienerstraße 62, A-9500 Villach |
registered headquarters, rented premises |
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Company name |
Postal code |
Stake in % |
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Companies House |
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Shares in this company are
held by: |
||||
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Dr. Oliver Zlamal |
Südweg 11, A-9431 St. Stefan Lavanttal |
41 % 2008-08-06 |
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Mag. Ina Sommeregger |
Südweg 11, A-9431 St. Stefan Lavanttal |
39 % 2008-08-06 |
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Dkfm.Dr. Monika Egger |
Italienerstraße 62, A-9500 Villach |
10 % 2008-08-06 |
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Sibylla Zlamal |
Aichelburg Labiastraße 43, A-9020 Klagenfurt |
10 % 2008-08-06 |
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Affiliated companies and
further participations: |
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EMG Eisen- und Metallguß Gesellschaft m.b.H. |
Italienerstraße 60, A-9500 Villach |
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FN 114177 h |
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IAB Vermögensverwaltungs GmbH |
Südweg 11, A-9431 St. Stefan Lavanttal |
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FN 119339 z |
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KMF Vermögensverwaltungs GmbH |
Italienerstraße 62, A-9500 Villach |
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45.956 |
FN 115905 z |
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ETNA Werke Stahl- und Anlagenbau Gesellschaft m.b.H. |
Deutschstraße 15, A-1230 Wien |
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54.127 |
FN 41567 d |
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Legal proceeding number 58364 |
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Opening of legal proceeding 2001-06-11 |
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Status quo of legal proceeding since 2012-06-20 |
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Legal proceeding code 07454 |
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Status quo of legal proceeding Bankruptcy is pending and debtor's
assets have been realized.. The conclusion of bankruptcy is precluded by
other pending legal actions. The duration of the proceedings cannot currently
be estimated. |
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Industrieanlagenbau GmbH |
Südweg 11, A-9431 St. Stefan Lavanttal |
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1.688.325 |
FN 332353 f |
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Banker |
Bank sort code |
Type of banking connection |
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BKS Bank AG, 9501 Villach |
17000 |
main bank connection |
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UniCredit Bank Austria AG, 9500 Villach |
12000 |
secondary banking connection |
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Year of incorporation: |
1874 |
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Date of registration: |
2008-08-06 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.08 |
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UK Pound |
1 |
Rs.86.69 |
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Euro |
1 |
Rs.69.37 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
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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 |
|
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.