|
Report Date : |
11.10.2012 |
IDENTIFICATION DETAILS
|
Name : |
ANALYTIK Jena AG |
|
|
|
|
Registered Office : |
Konrad-Zuse-Str. 1, D 07745 Jena |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
30.09.2011 |
|
|
|
|
Date of Incorporation : |
17.04.1990 |
|
|
|
|
Com. Reg. No.: |
HRB 200027 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
Manufacture of technical instruments and supplies for medical purposes |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No complaints |
|
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
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
GERMANY - ECONOMIC OVERVIEW
The German economy - the fifth largest economy in
the world in PPP terms and Europe's largest - is a leading exporter of
machinery, vehicles, chemicals, and household equipment and benefits from a
highly skilled labor force. Like its Western European neighbors, Germany faces
significant demographic challenges to sustained long-term growth. Low fertility
rates and declining net immigration are increasing pressure on the country's
social welfare system and necessitate structural reforms. Reforms launched by the
government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to
address chronically high unemployment and low average growth, contributed to
strong growth in 2006 and 2007 and falling unemployment. These advances, as
well as a government subsidized, reduced working hour scheme, help explain the
relatively modest increase in unemployment during the 2008-09 recession - the
deepest since World War II - and its decrease to 6.0% in 2011. GDP contracted
5.1% in 2009 but grew by 3.6% in 2010, and 2.7% in 2011. The recovery was
attributable primarily to rebounding manufacturing orders and exports -
increasingly outside the Euro Zone. Germany's central bank projects that GDP
will grow 0.6% in 2012, a reflection of the worsening euro-zone financial crisis
and the financial burden it places on Germany as well as falling demand for
German exports. Domestic demand is therefore becoming a more significant driver
of Germany's economic expansion. Stimulus and stabilization efforts initiated
in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second
term increased Germany's budget deficit to 3.3% in 2010, but slower spending
and higher tax revenues reduce the deficit to 1.7% in 2011, below the EU's 3%
limit. A constitutional amendment approved in 2009 limits the federal
government to structural deficits of no more than 0.35% of GDP per annum as of
2016. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela
Merkel announced in May 2011 that eight of the country's 17 nuclear reactors
would be shut down immediately and the remaining plants would close by 2022.
Germany hopes to replace nuclear power with renewable energy. Before the
shutdown of the eight reactors, Germany relied on nuclear power for 23% of its
energy and 46% of its base-load electrical production
|
Source
: CIA |
ANALYTIK Jena AG
Konrad-Zuse-Str. 1
D 07745 Jena
Telephone: 03641/77-70
Telefax: 03641/77-9279
Homepage: www.analytik-jena.de
E-mail: info@analytik-jena.de
DE150509863
161/125/04706
LEGAL FORM Public limited
company
Date of foundation: 17.04.1990
Begin of business
activities: 17.04.1990
Registered on: 10.05.1990
Commercial Register: Local court 07745 Jena
under: HRB 200027
Share capital: EUR 5,705,465.00
The company is listed on
the stock market.
Jens Adomat
Am Sommerberg 5
D 07646 Ruttersdorf-Lotschen
born: 22.04.1960 in Freiberg
Share: 11.040 %
Shareholder:
Klaus Berka
Dobeneckerstr. 15
D 07743 Jena
born: 27.08.1949 in Plauen
Share: 13.320 %
Shareholder:
bm-t
beteiligungsmanagement thüringen gmbh
Gorkistr. 9
D 99084 Erfurt
Legal form:
Private limited company
Share
capital: EUR 52,000.00
Share: 17.740 %
Registered on:
24.08.1998
Reg. data: 07745
Jena, HRB 110233
Klaus Berka
Dobeneckerstr. 15
D 07743 Jena
authorized to
jointly represent the company
born: 27.08.1949
in Plauen
Profession: Fully
qualified physicist
Marital status:
married
Jens Adomat
Am Sommerberg 5
D 07646
Ruttersdorf-Lotschen
authorized to
jointly represent the company
born: 22.04.1960
in Freiberg
Profession:
graduate engineer
Marital status:
married
Stefan Döhmen
D 99423 Weimar
born: 24.02.1964
Andreas Ulrich
Krey
Große Gebind 28d
D 99448
Kranichfeld
born: 30.03.1963
Dr.
Franz-Ferdinand von Falkenhausen
Hornstr. 2a
D 07745 Jena
born: 01.09.1945
Profession:
Mechanical engineer
Marital status:
married
Member of the Supervisory Board:
Matthias
Wierlacher
Zöllnerstr. 11
D 99423 Weimar
born: 21.09.1963
Franziska Buchholz
Else-Härtel-Weg 23
D 07768 Kahla
authorized to
jointly represent the company
born: 20.02.1952
Profession:
graduate engineer
Proxy:
Torsten Olschewski
Bürgelsche Str. 15
D 07751 Jena
authorized to
jointly represent the company
born: 18.09.1965
Proxy:
Dr. Bernard
Radziuk
Im Bildstock 2
D 88699 Frickingen
authorized to
jointly represent the company
born: 22.06.1953
Manager:
AJ Innuscreen GmbH
Robert-Rössle-Str.
10
D 13125 Berlin
Legal form:
Private limited company
Share
capital: EUR 51,129.19
Registered
on: 08.08.2005
Reg. data: 14057 Berlin, HRB 98026 B
Manager:
AJ Roboscreen GmbH
Delitzscher Str.
135
D 04129 Leipzig
Legal form:
Private limited company
Share capital: EUR 30,000.00
Registered
on: 15.01.2001
Reg. data: 04275 Leipzig, HRB 17503
Manager:
AJ Blomesystem
GmbH
Konrad-Zuse-Str. 1
D 07745 Jena
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Registered
on: 30.12.2004
Reg. data: 07745 Jena, HRB 210315
Manager:
AJ
Vorratsgesellschaft mbH
Konrad-Zuse-Str. 1
D 07745 Jena
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Registered
on: 26.04.2006
Reg. data: 07745 Jena, HRB 500244
CyBio AG
Göschwitzer Str.
40
D 07745 Jena
Legal form: Public
limited company
Share
capital: EUR 7,200,000.00
Registered
on: 03.07.1995
Reg. data: 07745 Jena, HRB 205370
Vice-president of the Supervisory Board:
Dr. Födisch
Umweltmesstechnik AG
Zwenkauer Str. 159
D 04420
Markranstädt
Legal form: Public
limited company
Share
capital: EUR 1,333,340.00
Registered
on: 04.10.2000
Reg. data: 04275 Leipzig, HRB 17227
Manager:
CyBio Central
Europe GmbH
Göschwitzer Str.
40
D 07745 Jena
Legal form:
Private limited company
Share
capital: EUR 102,258.38
Registered
on: 25.09.1996
Reg. data: 07745 Jena, HRB 206185
Proxy:
AJZ Engineering
GmbH
Prüssingstr. 27
D 07745 Jena
Legal form: Private
limited company
Share
capital: EUR 250,000.00
Registered
on: 19.02.2001
Reg. data: 07745 Jena, HRB 208505
19.11.1992 - 15.12.1993 Analytic Jena GmbH
Emil-Wölk-Str. 13
D 07747 Jena
Private limited
company
1994 - 24.08.1995 Analytik Jena Gesellschaft
mitbeschränkter
Haftung - Vertriebsfirma
für Analysen-
Spitzbergstr. 1
D 07747 Jena
Private limited
company
1996 - 14.06.1999 ANALYTIK Jena GmbH Analysenmeßgeräte
und
Laboreinrichtungen
Konrad-Zuse-Str. 1
D 07745 Jena
Private limited
company
15.06.1999 - 2010 ANALYTIK AG
Konrad-Zuse-Str. 1
D 07745 Jena
Public limited company
Sectors
32501
Manufacutre of technical instruments and supplies for
medical purposesn.e.c.
7120
Technical testing and analysis
72190
Other research and experimental development on natural
sciences and engineering
Branch:
ANALYTIK Jena AG
Coburger Str. 72
D 98673 Eisfeld
TEL.: 03686/371101
Branch:
ANALYTIK Jena AG
Askaniaweg 4
D 88662 Überlingen
Reg. entry:
15.12.2003
Branch:
ANALYTIK Jena AG
In den Folgen 5
D 98704
Langewiesen
TEL.: 03677/8040-0
FAX.:
03677/8040-32
Shareholder:
Biometra GmbH
Rudolf-Wissell-Str.
30
D 37079 Göttingen
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 300,000.00
Share: EUR 300,000.00
Reg. data: 20.02.1985
Local court 37073
Göttingen
HRB 1482
Shareholder:
AJZ Engineering
GmbH
Prüssingstr. 27
D 07745 Jena
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 250,000.00
Share: EUR 122,500.00
Reg. data: 19.02.2001
Local court 07745
Jena
HRB 208505
Shareholder:
AJ Innuscreen GmbH
Robert-Rössle-Str.
10
D 13125 Berlin
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 51,129.19
Share: EUR 51,129.19
Reg. data: 08.08.2005
Local court 14057
Berlin
HRB 98026 B
Shareholder:
AJ Blomesystem
GmbH
Konrad-Zuse-Str. 1
D 07745 Jena
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 30.12.2004
Local court 07745
Jena
HRB 210315
Shareholder:
AJ
Vorratsgesellschaft mbH
Konrad-Zuse-Str. 1
D 07745 Jena
Legal form:
Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 26.04.2006
Local court 07745
Jena
HRB 500244
Shareholder:
Quantifoil
Instruments GmbH
Löbstedter Str.
101
D 07749 Jena
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 66,500.00
Share: EUR 16,500.00
Reg. data: 10.02.2004
Local court 07745
Jena
HRB 209986
Shareholder:
AJ Roboscreen GmbH
Delitzscher Str.
135
D 04129 Leipzig
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 30,000.00
Share: EUR 15,100.00
Reg. data: 15.01.2001
Local court 04275
Leipzig
HRB 17503
Shareholder:
MOLDIAX GmbH
Konrad-Zuse-Str. 1
D 07745 Jena
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 50,000.00
Share: EUR 11,750.00
Reg. data: 24.03.2011
Local court 07745
Jena
HRB 506561
Shareholder:
ETG Entwicklungs-
und
Technologie-Gesellschaft
mbH
Am Eichicht 1a
D 98693 Ilmenau
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 51,129.20
Share: EUR 10,225.84
Reg. data: 18.03.1992
Local court 07745
Jena
HRB 301471
Shareholder:
nano analytik GmbH
Ehrenbergstr. 11
D 98693 Ilmenau
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 25,000.00
Share: EUR 6,000.00
Reg. data: 13.04.2010
Local court 07745
Jena
HRB 505293
Shareholder:
CyBio AG
Göschwitzer Str.
40
D 07745 Jena
Legal form: Public
limited company
Company Status:
active
Share
capital: EUR 7,200,000.00
Share: 74.400 %
Reg. data: 03.07.1995
Local court 07745
Jena
HRB 205370
Payment experience: cash discount/within agreed terms
Negative information:We have no negative information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Konrad-Zuse-Str. 1
D 07745 Jena
Value at selling price: EUR 1,173,300.00
Land register documents were not available.
Principal bank
UNICREDIT BANK - HYPOVEREINSBANK, JENA
Sort. code: 83020087, Account no.: 4142845,
BIC: HYVEDEMM463
Further banks
COMMERZBANK, JENA
Sort. code: 82040000, Account no.: 258427400,
BIC: COBADEFF820
DEUTSCHE BANK, JENA
Sort. code: 82070000, Account no.: 629676800,
BIC: DEUTDE8EXXX
SPARKASSE JENA-SAALE-HOLZLAND, JENA
Sort. code: 83053030, Account no.: 19, BIC:
HELADEF1JEN
Turnover: 2009/2010 EUR 52,488,424.00
2010/2011 EUR 58,021,913.00
Profit: 2009/2010 EUR 867,422.00
2010/2011 EUR -3,034,010.00
further
business figures:
Equipment: EUR 4,909,888.00
Ac/ts
receivable:
EUR 17,576,032.00
Liabilities: EUR 32,716,641.00
Total
numbers of vehicles: 50
Employees:
495
-
thereof permanent staff:
459
-
Trainees:
36
Balance sheet ratios 01.10.2010 - 30.09.2011
Equity ratio [%]: 45.17
Liquidity ratio: 0.56
Return on total capital [%]: -4.96
Balance sheet ratios 01.10.2009 - 30.09.2010
Equity ratio [%]: 51.97
Liquidity ratio: 0.67
Return on total capital [%]: 1.29
Balance sheet ratios 01.10.2008 - 30.09.2009
Equity ratio [%]: 59.35
Liquidity ratio: 0.89
Return on total capital [%]: 4.74
Balance sheet ratios 01.10.2007 - 30.09.2008
Equity ratio [%]: 57.65
Liquidity ratio: 1.39
Return on total capital [%]: 5.53
Equity ratio
The equity ratio indicates the portion of the
equity as compared
to the total capital. The higher the equity
ratio, the better the
economic stability (solvency) and thus the
financial autonomy of
a company.
Liquidity ratio
The liquidity ratio shows the proportion
between adjusted
receivables and net liabilities. The higher
the ratio, the lower
the company's financial dependancy from
external creditors.
Return on total capital
The return on total capital shows the
efficiency and return on
the total capital employed in the company. The
higher the return
on total capital, the more economically does
the company work
with the invested capital.
Type of balance
sheet:
Company balance sheet
Financial year:
01.10.2010 - 30.09.2011
ASSETS EUR 70,607,659.92
Fixed assets EUR 32,796,951.47
Intangible
assets EUR 2,665,530.49
Concessions, licences, rights
EUR 2,235,549.79
Goodwill
EUR 16,229.31
Advance
payments for intang. assets EUR 196,704.39
Other /
unspecified intangible assetsEUR
217,047.00
Tangible
assets EUR 12,034,959.82
Land /
similar rights EUR 3,395,027.38
Plant /
machinery EUR 1,996,789.27
Other
tangible assets / fixtures and
fittings
EUR 4,909,887.90
Advance
payments made / construction
in
progress
EUR 1,733,255.27
Financial
assets EUR 18,096,461.16
Shares in
participations /
subsidiaries and the like
EUR 15,528,040.30
Shares in
related companies EUR 14,459,336.35
Shares in
investee companies EUR 1,068,703.95
Loans to
participations /
subsidiaries and the like
EUR 2,568,420.86
Loans to related
companies EUR 2,568,420.86
Current
assets EUR 37,520,475.86
Stocks EUR 18,385,555.39
Raw
materials, consumables and
supplies EUR
6,438,924.22
Finished
goods / work in progress EUR 11,923,696.25
Advance
payments made EUR 22,934.92
Accounts
receivable EUR 17,576,032.18
Trade
debtors EUR 5,796,548.87
Amounts due
from related companies EUR 8,477,365.66
Amounts due
from investee companies EUR 1,327,591.35
Other
debtors and assets EUR 1,974,526.30
Liquid
means EUR 1,558,888.29
Remaining
other assets EUR 290,232.59
Accruals
(assets) EUR 290,232.59
LIABILITIES EUR 70,607,659.92
Shareholders'
equity EUR 31,309,328.71
Capital EUR 5,204,423.00
Subscribed
capital (share capital) EUR 5,204,423.00
Reserves
EUR 23,130,158.06
Capital
reserves EUR 22,482,662.90
Retained
earnings / revenue reserves EUR
647,495.16
Balance
sheet profit/loss (+/-) EUR 2,974,747.65
Balance
sheet profit / loss EUR 2,974,747.65
Provisions EUR 6,539,106.17
Pension
provisions and comparable
provisions
EUR 657,718.51
Provisions
for taxes EUR 2,354,511.60
Other /
unspecified provisions EUR 3,526,876.06
Liabilities EUR 32,716,641.34
Financial
debts EUR 24,401,047.70
Liabilities
due to banks EUR 24,401,047.70
Other liabilities EUR 8,315,593.64
Trade
creditors (for IAS incl. bills
of
exchange)
EUR 3,208,617.05
Liabilities
from received advance
payments
EUR 1,172,925.83
Liabililties due to related companiesEUR 3,073,422.66
Liabilities
due to investee companiesEUR
208,871.64
Unspecified
other liabilities EUR 651,756.46
thereof
liabilities from tax /
financial
authorities EUR 240,495.44
thereof
liabilities from social
security
EUR 15,969.85
Other
liabilities EUR 42,583.70
Deferrals
(liabilities) EUR 42,583.70
PROFIT AND LOSS ACCOUNT (cost of sales method)
according to Comm.
Code (HGB)
Sales EUR 58,021,913.00
Manufacturing
costs EUR 31,077,551.29
Gross result
on sales EUR 26,944,361.71
Distribution
costs EUR 16,130,390.39
General
administration expenses EUR 5,056,925.48
Research and
development costs EUR 6,529,211.07
Other
operating income EUR 5,989,849.14
Other
operating expenses EUR 2,829,321.84
Operating
result from continuing
operations EUR 2,388,362.07
Interest
result (+/-) EUR -1,188,635.57
Interest and
similar income EUR 847,504.59
thereof
from related companies EUR 666,100.64
Interest and
similar expenses EUR 2,036,140.16
thereof
paid to related companies EUR 83,688.17
Other
financial result EUR -2,233,489.62
Depreciation
on financial assets and
marketable
securities EUR 2,233,489.62
Financial
result (+/-) EUR -3,422,125.19
Result from
ordinary operations (+/-) EUR -1,033,763.12
Extraordinary
income EUR 603,047.83
Extraordinary
expenses EUR 200,623.66
Extraordinary
result (+/-) EUR 402,424.17
Other
extraordinary income EUR -54,882.64
Income tax /
refund of income tax (+/-)EUR
-2,336,236.66
Other taxes /
refund of taxes EUR -11,551.43
Tax
(+/-) EUR -2,347,788.09
Annual
surplus / annual deficit EUR -3,034,009.68
Type of balance
sheet:
Company balance sheet
Financial year:
01.10.2009 - 30.09.2010
ASSETS EUR 68,803,537.48
Fixed
assets EUR 32,589,876.18
Intangible
assets EUR 2,186,804.28
Concessions, licences, rights
EUR 2,018,062.70
Goodwill EUR 18,575.55
Advance
payments for intang. assets EUR 150,166.03
Tangible
assets EUR 10,223,708.05
Land /
similar rights EUR 3,038,181.10
Plant / machinery EUR 1,551,389.65
Other
tangible assets / fixtures and
fittings
EUR 4,822,149.11
Advance
payments made / construction
in
progress
EUR 811,988.19
Financial
assets EUR 20,179,363.85
Shares in
participations /
subsidiaries and the like
EUR 15,877,323.54
Shares in
related companies EUR 14,970,369.59
Shares in
investee companies EUR 906,953.95
Loans to
participations /
subsidiaries and the like
EUR 4,068,420.86
Loans to
related companies EUR 4,068,420.86
Other /
unspecified financial assets EUR 233,619.45
Current
assets EUR 35,867,475.35
Stocks EUR 13,646,028.59
Raw
materials, consumables and
supplies
EUR 4,556,174.93
Finished
goods / work in progress EUR 8,952,040.27
Advance
payments made EUR 137,813.39
Accounts
receivable EUR 15,986,168.89
Trade
debtors EUR 7,404,836.73
Amounts due
from related companies EUR 4,505,107.71
Amounts due
from investee companies EUR 1,869,174.50
Other
debtors and assets EUR 2,207,049.95
Investments
in current assets EUR 319,970.00
Own
shares EUR 319,970.00
Liquid
means EUR 5,915,307.87
Remaining
other assets EUR 346,185.95
Accruals
(assets) EUR 346,185.95
LIABILITIES EUR 68,803,537.48
Shareholders'
equity EUR 35,361,222.24
Capital EUR 5,235,465.00
Subscribed
capital (share capital) EUR 5,235,465.00
Reserves
EUR 23,337,086.46
thereof for
own shares EUR 319,970.00
Capital
reserves EUR 22,482,662.90
Retained
earnings / revenue reserves EUR
534,453.56
Other /
unspecified reserves EUR 319,970.00
Balance
sheet profit/loss (+/-) EUR 6,788,670.78
Balance
sheet profit / loss EUR 6,788,670.78
Provisions EUR 3,614,802.27
Pension
provisions and comparable
provisions
EUR 484,181.00
Provisions
for taxes EUR 26,471.00
Other /
unspecified provisions EUR 3,104,150.27
Liabilities EUR 29,813,931.51
Financial
debts EUR 24,352,902.84
Liabilities
due to banks EUR 24,352,902.84
Other
liabilities EUR 5,461,028.67
Trade
creditors (for IAS incl. bills
of
exchange)
EUR 2,709,962.03
Liabilities
from received advance
payments
EUR 782,723.52
Liabililties
due to related companiesEUR
1,290,044.15
Liabilities
due to investee companiesEUR
164,096.98
Unspecified
other liabilities EUR 514,201.99
thereof
liabilities from tax /
financial
authorities EUR 206,860.69
thereof
liabilities from social
security
EUR 13,037.31
Other
liabilities EUR 13,581.46
Deferrals
(liabilities) EUR 13,581.46
PROFIT AND LOSS ACCOUNT (cost of sales method)
according to Comm.
Code (HGB)
Sales EUR 52,488,424.31
Manufacturing
costs EUR 28,958,395.08
Gross result
on sales EUR
23,530,029.23
Research and
development costs EUR 5,930,545.37
Other
operating income EUR 6,235,293.86
Other
operating expenses EUR 22,247,142.50
Operating
result from continuing
operations EUR 1,587,635.22
Result from
participating interests
(+/-) EUR -62,476.53
Expenses for
participations EUR 62,476.53
Interest result
(+/-) EUR -340,902.79
Interest and
similar income EUR 947,484.64
thereof
from related companies EUR 766,479.90
Interest and
similar expenses EUR 1,288,387.43
thereof paid to related companies EUR 11,793.41
Financial
result (+/-) EUR -403,379.32
Result from
ordinary operations (+/-) EUR 1,184,255.90
Income tax /
refund of income tax (+/-)EUR
-295,430.23
Other taxes /
refund of taxes EUR -21,403.43
Tax
(+/-)
EUR -316,833.66
Annual
surplus / annual deficit EUR 867,422.24
There may have
been some changes since our last research took place. Therefore, a freshly
researched report will follow shortly.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.04 |
|
|
1 |
Rs.84.83 |
|
Euro |
1 |
Rs.68.21 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.