MIRA INFORM REPORT

Report Date :

19.08.2013

IDENTIFICATION DETAILS

Name :	GENTIAN NANOTECH AS
Registered Office :	Bjornasveien 5, Moss 1596
Country :	Norway
Date of Incorporation :	29.01.2013
Com. Reg. No.:	999608094
Legal Form :	Limited company
Line of Business :	Computer programming activities
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

NB

RATING		STATUS	PROPOSED CREDIT LINE
----	NB	New Business	----

Status :	New Business
Payment Behaviour :	Unknown
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 31^st, 2013

Country Name	Previous Rating (31.12.2012)	Current Rating (31.03.2013)
Norway	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

NORWAY - ECONOMIC OVERVIEW

The Norwegian economy is a prosperous mixed economy, with a vibrant private sector, a large state sector, and an extensive social safety net. The government controls key areas, such as the vital petroleum sector, through extensive regulation and large-scale state-majority-owned enterprises. The country is richly endowed with natural resources - petroleum, hydropower, fish, forests, and minerals - and is highly dependent on the petroleum sector, which accounts for the largest portion of export revenue and about 20% of government revenue. Norway is the world's third-largest natural gas exporter; and seventh largest oil exporter, making one of its largest offshore oil finds in 2011. Norway opted to stay out of the EU during a referendum in November 1994; nonetheless, as a member of the European Economic Area, it contributes sizably to the EU budget. In anticipation of eventual declines in oil and gas production, Norway saves state revenue from the petroleum sector in the world's second largest sovereign wealth fund, valued at over $700 billion in January 2013 and uses the fund''s return to help finance public expenses. After solid GDP growth in 2004-07, the economy slowed in 2008, and contracted in 2009, before returning to positive growth in 2010-12, however, the government budget is set to remain in surplus.

Source : CIA

COMPANY SUMMARY

Company Name

GENTIAN NANOTECH AS

Company Number

999608094

Company name	GENTIAN NANOTECH AS	Company number	999608094
Address	Bjornasveien 5	Safe number	-
City	MOSS 1596	Legal form	Limited company
Website address	www.gentian.no	E-mail address	email@gentian.no
Telephone Number	-	Fax Number	69240963
Registration date	29/01/2013	Status	Active
Previous Name	-	Share capital	100,000
Name change date	-	Currency	-
		Number of employees	-

Postal Address

Address	City	Postal Code
Postboks 733	MOSS	1509

Key Financials

No data exist

Year to Date

Sales Revenue

Profit Before Tax

Total Equity

Industry

Main Industry Code & Description	Computer programming activities
Secondary Industry Code & Description	-
Other Industry Code & Description	-

Shareholders

No data exist

Current Directors

Name	Address	Function
Sundrehagen, Eivind Holmsen	Kolsrødveien 120 MOSS 1599	General manager/CEO
Sundrehagen, Eivind Holmsen	Kolsrødveien 120 MOSS 1599	Chairman of the board
Sundrehagen, Bård Henrik	Gjøaveien 12 MOSS 1511	Board member(s)
Sundrehagen, Bendik Holmsen	Posthornet 29 MOSS 1519	Deputy board member/substitute

Other Company Officials

No data exist

Event History

Date	Description
29/01/2013	NEW REGISTRATION

Rating History

No data exist

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.81
UK Pound	1	Rs.96.56
Euro	1	Rs.82.45

INFORMATION DETAILS

Report Prepared by :

NLM

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%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.