|
Report Date : |
12.10.2012 |
IDENTIFICATION DETAILS
|
Name : |
BATTENFELD-CINCINNATI AUSTRIA GMBH |
|
|
|
|
Formerly Known As : |
Cincinnati
Extrusion GmbH |
|
|
|
|
Registered Office : |
LaxenburgerstraBe 246,
A-1230 Wien |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Year of Establishment : |
1964 |
|
|
|
|
Legal Form : |
Limited Liability Company
|
|
|
|
|
Line of Business : |
Manufacturer of plastics
and rubber machinery |
|
|
|
|
No. of Employees : |
250 |
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 : |
Slow but Correct |
|
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) |
|
Austria |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
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.
|
Source : CIA |
|
Last
up-date: |
2012-10-08 |
|
Company
name: |
battenfeld-cincinnati
Austria GmbH |
|
Status: |
active company |
|
Locations: |
LaxenburgerstraGe 246, A-1230 Wien |
|
Phone: |
0043 (1)61006 |
|
Fax: |
0043 (1)61006-8 |
|
E-mail: |
|
|
Internet: |
|
|
Activities: |
Onace 28960 100% Manufacture of
plastics and rubber machinery |
|
General
Assessment: |
|
|
|
Model: CompanyScore |
|
Probability
of Default (Basel |
1,06% |
|
II): |
Low risk |
|
comparison: |
The Rating of this company is
worse than industry average. |
|
Recommendation: |
In respect to solvency reasons,
there is nothing to say against an establishment of a business relationship. |
|
|
|
|
Detail Assessment: |
Payment |
|
|
As a rule payments are made on
time according to conditions, in some cases there have been delays and
reminders. |
|
|
|
|
|
Assessment
|
|
|
Overall financial situation is
still average. |
|
Date of
collection order |
Amount
presently due |
Amount
presently paid |
Collection
status quo |
since |
|
2011-12-05 |
EUR 0,00 |
EUR
45.495,50 |
balance (outstanding) payment |
2011-12-15 |
|
Sums |
EUR 0,00 |
EUR
45.495,50 |
|
|
|
Year of
incorporation: |
1964 |
|
Type of
company: |
Manufacturing |
|
Legal
form: |
limited liability company since
2005-05-11 |
|
companies'
house number: |
FN 262860 i Wien 2005-06-04 |
|
Activities: |
|
|
VAT
number: |
ATU 61750625 |
|
number -
Austrian National |
6941605 |
|
Bank: |
|
|
Import |
Country |
|
|
|
|
Import |
world-wide |
|
2012 |
|
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
world-wide |
|
2012 |
|
|
total turnover (total sales) |
2012 |
EUR
55.000.000,00 |
(expected) |
|
total turnover (total sales) |
2011 |
EUR
66.352.221,84 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR
56.949.011,89 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR
42.622.550,61 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR
78.320.404,16 |
(exact) |
|
total employees |
2012 |
250 |
(approx.) |
|
white collar workers |
2012 |
150 |
(approx.) |
|
blue collar workers |
2012 |
95 |
(approx.) |
|
apprentices |
2012 |
5 |
(approx.) |
|
total company vehicles |
2012 |
15 |
(approx.) |
|
leasing vehicles |
2012 |
7 |
(approx.) |
|
cars |
2012 |
15 |
(approx.) |
|
firm
(style): |
||
|
14 |
battenfeld-cincinnati
Austria |
GmbH |
|
legal
form: |
||
|
1 |
Gesellschaft
mit beschrankter |
Haftung |
|
registered
office: |
||
|
1 |
politischer
Gemeinde Wien |
|
|
business
adress: |
||
|
1 |
LaxenburgerstraSe 246 1230 Wien |
|
|
capital: |
||
|
1 |
EUR 35.000 |
|
|
reference
date annual accounts: |
||
|
1 |
31. Dezember |
|
|
annual
accounts: |
||
|
18 |
zum 31.12.2011 eingereicht am 13.06.2012 |
|
|
power of
representation: |
||
|
1 |
Die Gesellschaft wird, wenn mehrere Geschaftsfuhrer |
|
|
|
bestellt sind, durch zwei Geschaftsfuhrer gemeinsam oder |
|
|
|
durch einen von ihnen gemeinsam mit einem Prokuristen |
|
|
|
vertreten. |
|
|
|
Mit Gesellschafterbeschluss oder durch Beschluss der |
|
|
|
Generalversammlung kann,
auch wenn mehrere |
|
|
|
Geschaftsfuhrer bestellt sind, einzelnen von ihnen |
|
|
|
selbstandige Vertretungsbefugnis erteilt werden. |
|
|
1 |
Erklarung
uber die Errichtung der Gesellschaft |
001 |
|
|
vom 11.05.2005 |
|
|
2 |
Generalversammlungsbeschluss vom 16.08.2005 |
002 |
|
|
Spaltung zur Aufnahme eines Vermogensteiles der |
|
|
|
Cincinnati Extrusion GmbH |
|
|
|
(FN 122706 a) |
|
|
|
und zwar |
|
|
|
des gesamten Betriebes der Cincinnati Extrusion GmbH |
|
|
|
gemaS Spaltungs- und Ubernahmsvertrag vom 28.06.2005 |
|
|
2 |
Generalversammlungsbeschluss vom 16.08.2005 |
003 |
|
|
Anderung der Erklarung uber die Errichtung der
Gesellschaft |
|
|
|
in den Punkten Erstens und Drittens |
|
|
13 |
Generalversammlungsbeschluss vom 25.03.2010 |
004 |
|
|
Anderung der Erklarung uber die Errichtung der
Gesellschaft |
|
|
|
in den Punkten Erstens und Zweitens |
|
|
proxy: |
||
|
|
Q Mag. Andreas Hadrbolec, geb. 16.09.1970 |
|
|
16 |
vertritt seit 26.09.2011 gemeinsam mit |
|
|
|
einem zweiten Gesamtprokuristen oder einem kollektiv |
|
|
|
vertretungsberechtigten Geschaftsfuhrer |
|
|
|
R Peter Hammer, geb. 24.01.1966 |
|
|
16 |
vertritt seit 26.09.2011 gemeinsam mit |
|
|
|
einem zweiten Gesamtprokuristen oder einem kollektiv |
|
|
|
vertretungsbefugtigten Geschaftsfuhrer. |
|
|
supervisory
board: |
||
|
|
E Walter Engstler, geb. 08.04.1956 |
|
|
4 |
Mitglied |
|
|
|
G Paul Hodosi, geb. 22.04.1957 |
|
|
4 |
Mitglied |
|
|
|
N Dr.
Stephan Puhl, geb. 08.09.1966 |
|
|
10 |
Stellvertreter des Vorsitzenden |
|
|
|
O Dirk Eikmeyer, geb. 01.05.1970 |
|
|
10 |
Mitglied |
|
|
|
P Manfred Jurgen Arnold, geb. 30.08.1953 |
|
|
12 |
Vorsitzender |
|
|
managing
director: |
||
|
|
A Dipl.Ing. Walter Hader, geb. 06.11.1962 |
|
|
1 |
vertritt seit 04.06.2005 selbstandig |
|
shareholder
|
I 7 7 |
CET
Beteiligungs GmbH |
EUR |
35.000 |
.... EUR |
35.000 |
|
Summen: |
EUR |
35.000 |
EUR |
35.000 |
|
|
|
|
|
|
|
|
|
general
table: |
|||||
Handelsgericht
Wien
|
1 |
eingetragen
am 04.06.2005 |
|
Geschaftsfall |
71 |
Fr |
4809/05 |
i |
|
|
Antrag auf
Neueintragung einer |
Firma eingelangt am 23.05.2005 |
|
|
|||
|
2 |
eingetragen
am 27.09.2005 Antrag auf
Anderung eingelangt |
am |
Geschaftsfall 20.09.2005 |
71 |
Fr |
9075/05 |
h |
|
4 |
eingetragen
am 26.08.2006 Antrag auf
Anderung eingelangt |
am |
Geschaftsfall 11.08.2006 |
71 |
Fr |
8101/06 |
i |
|
7 |
eingetragen
am 30.05.2007 Antrag auf
Anderung eingelangt |
am |
Geschaftsfall 22.05.2007 |
71 |
Fr |
6094/07 |
t |
|
10 |
eingetragen
am 11.11.2008 Antrag auf
Anderung eingelangt |
am |
Geschaftsfall 06.11.2008 |
71 |
Fr |
16105/08 |
y |
|
12 |
eingetragen
am 27.02.2010 Antrag auf
Anderung eingelangt |
am |
Geschaftsfall 24.02.2010 |
72 |
Fr |
2305/10 |
d |
|
13 |
eingetragen
am 16.04.2010 Antrag auf
Anderung eingelangt |
am |
Geschaftsfall 02.04.2010 |
72 |
Fr |
4377/10 |
a |
|
14 |
eingetragen
am 17.04.2010 Einschreiten von Amts wegen |
|
Geschaftsfall |
72 |
Fr |
5121/10 |
w |
|
16 |
eingetragen
am 07.10.2011 Antrag auf
Anderung eingelangt |
am |
Geschaftsfall 27.09.2011 |
74 |
Fr |
19317/11 |
w |
No real
estate property registered
|
Surname |
Date of
birth |
Address |
Executive
positions |
Further
executive positions (as registered in the companies' house) |
|
Dipl-Ing.
Walter Hader |
1962-11-06 |
2340 Modling AnningerstraBe 8 |
manager |
0 |
|
Mag. Andreas Hadrbolec |
1970-09-16 |
3550 Gobelsburg Hofstattweg 2 |
joint
signing clerk |
0 |
|
Peter
Hammer |
1966-01-24 |
2551 Enzesfeld-Lindabrunn Fohrengasse 20 |
joint
signing clerk |
0 |
|
Manfred
Jurgen Arnold |
1953-08-30 |
71717 Beilstein
OberjettenbacherstraBe 3 |
chairman
of the supervisory board |
0 |
|
Dr.
Stephan Puhl |
1966-09-08 |
32547 Bad
Oeynhausen Karl MohmestraBe 32 |
deputy
chairman of the supervisory board |
1 |
|
Dirk
Eikmeyer |
1970-05-01 |
32549 Bad Oeynhausen Bollingshofen 76 |
member of the supervisory board |
0 |
|
Walter
Engstler |
1956-04-08 |
1230 Wien LaxenburgerstraBe 246(c/o) |
member of the supervisory board |
0 |
|
Paul
Hodosi |
1957-04-22 |
1230 Wien LaxenburgerstraBe 246(c/o) |
member of the supervisory board |
0 |
|
Jeremy
Styles |
1956-06-06 |
1010 Wien
Bauernmarkt 6 (c/o) |
head of
accounting |
0 |
|
Ing.
Ludwig Dorsch |
|
1230 Wien LaxenburgerstraBe 246(c/o) |
head of
purchasing |
0 |
|
Judith
Lebic |
|
1230 Wien LaxenburgerstraBe 246(c/o) |
head of
marketing |
0 |
|
Christian
Metry |
|
1230 Wien LaxenburgerstraBe 246(c/o) |
head of
EDP |
0 |
|
Dipl-Ing.
Ludwig Hackl |
|
1230 Wien LaxenburgerstraBe 246(c/o) |
technical
director |
0 |
(absolute) all amounts in EUR
2011-12-31
|
Franchises,
patents, licences, |
653.700,00 |
|
|
|
|
|
trademarks
and similar rights |
|
|
|
|
|
|
and
advantages |
|
|
|
|
|
|
Sum
intangible assets |
653.700,00 |
||||
|
Other operating
and business |
1.625.007,00 |
|
|
|
|
|
equipment |
|
|
|
|
|
|
Technical
plants and |
4.444.767,00 |
|
|
|
|
|
machines |
|
|
|
|
|
|
Advanced
payments and |
417.628,00 |
|
|
|
|
|
constructions
in progress |
|
|
|
|
|
|
Sum
tangible assets |
6.487.402,00 |
|
|
|
|
|
|
|||||
|
Shares on
related firms |
299.560,00 |
|
|
|
|
|
Other
financial assets, values |
24.090,00 |
|
|
|
|
|
and
securities of fixed assets |
|
|
|
|
|
|
Sum
financial assets |
323.650,00 |
|
|
|
|
|
|
|||||
|
Sum fixed
assets |
7.464.752,00 |
|
|
|
|
|
|
|||||
|
Raw-,
auxiliary materials and |
2.447.140,87 |
|
|
|
|
|
supplies |
|
|
|
|
|
|
Unfinished
products |
6.826.566,90 |
|
|
|
|
|
Finished
products |
903.764,03 |
|
|
|
|
|
Advanced
payments |
199.174,68 |
|
|
|
|
|
Sum stock |
10.376.646,48 |
|
|
|
|
|
|
|||||
|
Claims
from delivered goods and performed services |
9.734.225,94 |
|
|
|
|
|
Claims against related firmes
Claims against companies with shareholding relationship |
5.346.678,18 |
|
|
|
|
|
Other
claims and assets |
413.239,99 |
|
|
|
|
|
Sum claims |
15.494.144,11 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank
deposits |
1.965.002,90 |
|
|
|
|
|
Sum cash
and bank |
1.965.002,90 |
|
|
|
|
|
|
|||||
|
Sum
current assets |
27.835.793,49 |
|
|
|
|
|
|
|||||
|
Deferred
charges |
58.255,46 |
|
|
|
|
|
Sum
deferred charges |
58.255,46 |
|
|
|
|
|
Assets |
35.358.800,95 |
|
|
|
|
|
|
|||||
|
Subscribed/declared
capital |
35.000,00 |
|
|
|
|
|
Not committed capital reserves |
16.359.636,07 |
|
|
|
|
|
Legal
reserves |
3.500,00 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
-14.886.447,79 |
|
|
|
|
|
Thereof profit/loss carried forward |
-16.206.711,69 |
|
|
|
|
|
Sum equity
capital |
1.511.688,28 |
|
|
|
|
|
|
|||||
|
Valuation
reserves and other reserves before taxes |
678.652,00 |
|
|
|
|
|
Sum
reserves before taxes |
678.652,00 |
|
|
|
|
|
|
|||||
|
Reservesfor
severance pays |
3.815.143,51 |
|
|
|
|
|
Tax
reserves |
698,00 |
|
|
|
|
|
Other
reserves |
4.958.990,00 |
|
|
|
|
|
Sum
reserves |
8.774.831,51 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
2.380.466,56 |
|
|
|
|
|
Received
advanced payments for orders |
3.565.590,82 |
|
|
|
|
|
Liabilities
from delivered goods and performed services from the acceptance of drafts and
emission of promissory notes |
7.921.857,81 |
|
|
|
|
|
Liabilities
against related firms |
8.180.420,26 |
|
|
|
|
|
Other
liabilities |
2.318.627,05 |
|
|
|
|
|
Sum
liabilities |
24.366.962,50 |
|
|
|
|
|
|
|||||
|
Deferred
income |
26.666,66 |
|
|
|
|
|
Sum
deferred income |
26.666,66 |
|
|
|
|
|
Liabilities |
35.358.800,95 |
|
|
|
|
|
|
|||||
|
Balance
sheet sum 35.358.800,95 |
|||||
(absolute) all amounts in EUR
|
|
2011-12-31 |
|
|
|
|
|
Gross
sales |
66.352.221,84 |
|
|
|
|
|
Sum
turnover or sum gross profit |
66.352.221,84 |
|
|
|
|
|
|
|||||
|
Other
operating profits |
4.654.537,26 |
|
|
|
|
|
Other
operating profits totally |
4.654.537,26 |
|
|
|
|
|
|
|||||
|
Different
operating costs -856.971,75 |
|||||
|
Production
costs of the services performed for the sales |
-50.681.765,19 |
|
|
|
|
|
Marketing
costs |
-10.428.008,06 |
|
|
|
|
|
Administration
costs |
-7.510.885,15 |
|
|
|
|
|
Other
taxes |
-1.427,60 |
|
|
|
|
|
Other
operating costs totally |
-69.479.057,75 |
|
|
|
|
|
|
|||||
|
Operating
result totally |
1.527.701,35 |
|
|
|
|
|
|
|||||
|
Profits
from shareholdings |
418.930,39 |
|
|
|
|
|
Income from other securities and loans of financial assets |
759,00 |
|
|
|
|
|
Interest income, securties income and similar income |
13.157,19 |
|
|
|
|
|
Interest and similar disbursements |
-247.055,27 |
|
|
|
|
|
Financial
profits totally |
185.791,31 |
|
|
|
|
|
|
|||||
|
Results from usual 1.713.492,66
business activity totally |
|
|
|
|
|
|
|
|||||
|
Extraordinary
costs |
-277.702,88 |
|
|
|
|
|
Extraordinary
result totally |
-277.702,88 |
|
|
|
|
|
|
|||||
|
Taxes on
income and profits |
-238.267,88 |
|
|
|
|
|
Taxes on income and profits totally |
-238.267,88 |
|
|
|
|
|
Annual
surplus/annual deficit totally |
1.197.521,90 |
|
|
|
|
|
|
|||||
|
Dissolution reserves before taxes |
122.742,00 |
|
|
|
|
|
Reserves
movements totally |
122.742,00 |
|
|
|
|
|
Annual
profit/annual loss totally |
1.320.263,90 |
|
|
|
|
|
|
|||||
|
Profit and
loss carried forward from previous year |
-16.206.711,69 |
|
|
|
|
|
Transfer
of profits totally |
-16.206.711,69 |
|
|
|
|
|
B/S
profit/ B/S loss from profit and loss account |
-14.886.447,79 |
|
|
|
|
|
|
2011 |
|
|
|
|
|
|
Cash flow
II |
1.197.521,90 |
|
|
|
|
|
|
Debt amortisation
period |
23,05 |
|
|
|
|
|
|
Bank
indebtedness |
6,73 |
|
|
|
|
|
|
Equity
capital share |
6,88 |
|
|
|
|
|
|
Social
capital share |
10,78 |
|
|
|
|
|
|
Fixed
assets coverage |
80,45 |
|
|
|
|
|
|
Net profit
ratio |
2,58 |
|
|
|
|
|
|
Capital
turnover |
1,87 |
|
|
|
|
|
|
Return on
investment |
5,54 |
|
|
|
|
|
|
Cash flow in % of operating performance |
1,80 |
|
|
|
|
|
|
Cash flow
I |
1.713.492,66 |
|
|
|
|
|
|
Gross
productivity |
0,00 |
|
|
|
|
|
|
Net
productivity |
0,00 |
|
|
|
|
|
|
Operating performance |
66.352.221,84 |
|
|
|
|
|
|
Inventories in % of operating performance |
15,63 |
|
|
|
|
|
|
Gross
profit |
66.352.221,84 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
Phone Fax |
E-mail |
|
Operational |
LaxenburgerstraBe 246, A-1230 Wien |
registered office |
|
operational |
LaxenburgerstraBe 246, A-1230 Wien |
registered headquarters, rented
premises |
|
|
0043 1 61006 0043 1 61006 8 |
|
Company
name |
Postal
code |
Stake in % |
|
Companies
House |
|
Shares in this company are held by: |
||||
|
CET Beteiligungs GmbH |
LaxenburgerstraBe
246, A-1230 Wien |
100 % 2007-05-30 |
|
FN 289807 m |
|
Banker |
Bank sort
code |
Type of
banking connection |
|
Erste Bank der oesterreichischen
Sparkassen AG, 1011 Wien |
20111 |
main bank connection |
|
Raiffeisen Bank International AG,
1011 Wien |
31000 |
main bank connection |
|
UniCredit Bank Austria AG, 1011
Wien |
12000 |
secondary banking connection |
|
Year of
incorporation: |
1964 |
|
Date of
registration: |
2005-06-04 |
|
Change of
company name: |
||
|
From |
To |
Company
name |
|
|
2005-09-27 |
Cincinnati Extrusions- Maschinen
Produktions GmbH |
|
2005-09-27 |
2010-04-16 |
Cincinnati Extrusion GmbH |
|
2010-04-16 |
2010-04-17 |
battenfeld-cinicinnati Austria
GmbH |
|
2010-04-17 |
|
battenfeld-cincinnati Austria GmbH |
|
From |
To |
Function |
Name |
|
2006-08-26 |
2007-03-06 |
chairman of the supervisory board |
Heinz Wirke |
|
2070"/> |
2007-05-30 |
chairman of the supervisory board |
Pepyn Rene Dinandt |
|
2007-05-30 |
2008-11-11 |
chairman of the supervisory board |
Johannes Maret |
|
2008-11-11 |
2010-02-27 |
chairman of the supervisory board |
Wolfgang Studener |
|
2006-08-26 |
2007-05-30 |
deputy
chairman of the supervisory board |
Dr. Heinz Lober |
|
2007-05-30 |
2008-11-11 |
deputy
chairman of the supervisory board |
Jurgen Wirths |
|
2006-08-26 |
2007-05-30 |
member of the supervisory board |
Christian Dorf |
|
2007-05-30 |
2008-11-11 |
member of the supervisory board |
Herbert Doleisch |
|
|
|||
|
Former
shareholders: |
|||
|
From |
To |
Function |
Name |
|
2005-06-04 |
2007-05-30 |
partner |
SMS Beteiligungs-GmbH |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.07 |
|
UK Pound |
1 |
Rs.84.95 |
|
Euro |
1 |
Rs.68.24 |
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 |
|
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.