|
Report Date : |
28.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
ABB AB |
|
|
|
|
Head Office : |
ADP/ Components SE-77180 Ludvika Box No 9300 Sweden 771 80 |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
23.01.1931 |
|
|
|
|
Com. Reg. No.: |
5560297029 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Manufacture of electricity distribution and control
apparatus |
|
|
|
|
No. of Employees : |
8742 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
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) |
|
Sweden |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
sweden - ECONOMIC
OVERVIEW
Aided by peace and neutrality for the whole of the 20th century, Sweden
has achieved an enviable standard of living under a mixed system of high-tech
capitalism and extensive welfare benefits. It has a modern distribution system,
excellent internal and external communications, and a highly skilled labor
force. In September 2003, Swedish voters turned down entry into the euro system
concerned about the impact on the economy and sovereignty. Timber, hydropower,
and iron ore constitute the resource base of an economy heavily oriented toward
foreign trade. Privately owned firms account for vast majority of industrial
output, of which the engineering sector accounts for about 50% of output and
exports. Agriculture accounts for little more than 1% of GDP and of employment.
Until 2008, Sweden was in the midst of a sustained economic upswing, boosted by
increased domestic demand and strong exports. This and robust finances offered
the center-right government considerable scope to implement its reform program
aimed at increasing employment, reducing welfare dependence, and streamlining
the state's role in the economy. Despite strong finances and underlying
fundamentals, the Swedish economy slid into recession in the third quarter of
2008 and growth continued downward in 2009 as deteriorating global conditions
reduced export demand and consumption. Strong exports of commodities and a
return to profitability by Sweden''s banking sector drove the strong rebound in
2010, which continued in 2011, and the government is proposing stimulus
measures in the 2012 budget to curb the effects of a global economic slowdown
and boost employment and growth.
|
Source : CIA |
Company Summary
|
Business Name |
ABB AB |
|
Head Office / Mailing Address: |
ADP/ Components SE-77180 Ludvika Box No 9300 Sweden 771 80,
Sweden |
|
Country |
SWEDEN |
|
Company
Registration Number |
5560297029 |
|
Main
Activity |
Manufacture of electricity distribution and control
apparatus |
|
Activity
Code |
27120 |
|
Company
Status |
Active |
|
Latest
Turnover Figure |
31.505.000.000 SEK |
|
Latest
Shareholder Equity Figure |
9.172.000.000 SEK |
|
Business
Name |
ABB AB |
|
Registered
Company Name |
ABB AB |
|
Company
Registration Number |
5560297029 |
|
Country |
SWEDEN |
|
VAT
Registration Number |
SE556029702901 |
|
Date
of Company Registration |
23/01/1931 |
|
Legal
Form |
Limited liability company |
|
Company
Status |
Active |
|
Currency
of this Report |
SEK |
|
Principal
Activity Description |
Bolaget har till föremål för sin
verksamhet - att för egen del eller annans räkning utveckla, konstruera,
tillverka, marknadsföra, försälja, ta i drift samt underhålla |
|
Contact
Address |
72183 VÄSTERÅS |
|
Contact
Telephone Number |
021-325000 |
|
Current
Directors |
|||
|
Name |
Appointment
Date |
Position |
|
|
Steel, Gary Glachan |
01/11/2003 |
Actual Member of Board |
|
|
Frank Johan Söderström |
01/06/2010 |
Actual Member of Board |
|
|
Trevor, John Gregory |
03/05/2011 |
Actual Member of Board |
|
|
Carl-Johan Mikael Linér |
17/10/2012 |
Actual Member of Board |
|
|
Inga Eva-Lena Pettersson |
23/12/2003 |
Employee Representative |
|
|
Lena Maria Andersson |
01/09/2010 |
Actual Member of Board |
|
|
Sven Peter Freyhult |
14/02/2006 |
Employee Representative |
|
|
Ulf Stefan Viking |
26/05/2008 |
Employee Representative |
|
|
Bo Gunnar Björkenor |
23/05/2007 |
Substitute |
|
|
Daniel Erik Ingemar Eriksson |
06/03/2012 |
Substitute |
|
|
Dennis André Bäckman |
16/09/2006 |
Employee Representative |
|
|
Lars Fredrik Holmgren |
29/05/2009 |
Substitute |
|
|
Åsa Cecilia Jackson |
06/03/2012 |
Substitute |
|
|
Previous
Directors |
|||
|
Name |
Appointment
Date |
Position |
Resignation
Date |
|
Helge Pontus Valdemar Petersson |
28/03/2007 |
Actual Member of Board |
06/03/2012 |
|
Lena Kristina Eliasson |
14/02/2006 |
Substitute |
06/03/2012 |
|
Inga Eva-Lena Pettersson |
23/12/2003 |
Substitute |
06/03/2012 |
|
Sten Erik Jakobsson |
16/08/2001 |
Actual Member of Board |
04/04/2011 |
|
Andersson, Lena Maria |
03/05/2010 |
External Signatory |
01/06/2010 |
|
Per Haugland |
01/11/2003 |
Actual Member of Board |
03/05/2010 |
|
Ulf Magnus Örnberg |
14/02/2006 |
Actual Member of Board |
03/05/2010 |
|
Leif Olof Ivarsson |
14/02/2006 |
Employee Representative |
29/05/2009 |
|
Ulf Stefan Viking |
26/05/2008 |
Substitute |
29/05/2009 |
|
Voitto Ilmari Riihimäki |
23/12/2003 |
Employee Representative |
26/05/2008 |
Na
|
Issued Share Capital |
400.000.000 SEK |
|
Debt balance at the Swedish Enforcement Agency |
|
|
Number of Private Claims |
- |
|
Balance of Private Claims |
- |
|
Number of Public Claims |
- |
|
Balance of Public Claims |
- |
|
Total Balance |
- |
|
Record of non-payment |
|
|
Number of distraint attempts and repossessions |
- |
|
Number of public claims |
- |
|
Number of private claims |
- |
|
Number of applications for an order to pay |
1 |
|
Number of reclaimed/revoked applications |
13 |
|
Ultimate Holding Parent |
|
|
|
Ultimate Holding Company Name |
ABB LTD |
|
|
Ultimate Holding Company Country |
SWITZERLAND |
|
|
Immediate Holding Parent |
|
No information for this company. |
|
Subsidary Companies |
||
|
Subsidiary Name |
Country |
Number |
|
No subsidaries for this company. |
|
|
|
Affiliates |
||
|
Affiliate Name |
Country |
Number |
|
No affiliates for this company. |
|
|
Other Information
|
Profit
and Loss |
|||
|
Financial
Year |
2011 |
2010 |
2009 |
|
Number
of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Conslotidated
Accounts |
N |
N |
N |
|
Revenue |
31.505.000.000 |
27.187.000.000 |
28.357.000.000 |
|
Operating Costs |
27.233.000.000 |
25.487.000.000 |
25.605.000.000 |
|
Operating Profit |
4.272.000.000 |
1.700.000.000 |
2.752.000.000 |
|
Wages & Salaries |
- |
- |
- |
|
Depreciation |
- |
- |
- |
|
Financial Income |
115.000.000 |
34.000.000 |
55.000.000 |
|
Financial Expenses |
-51.000.000 |
-7.000.000 |
-47.000.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
-51.000.000 |
-7.000.000 |
-47.000.000 |
|
Profit before Tax |
4.336.000.000 |
1.751.000.000 |
2.774.000.000 |
|
Tax |
-1.149.000.000 |
-441.000.000 |
-731.000.000 |
|
Profit after Tax |
4.336.000.000 |
1.751.000.000 |
2.774.000.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
-114.000.000 |
-66.000.000 |
-59.000.000 |
|
Retained Profit |
3.073.000.000 |
1.244.000.000 |
1.984.000.000 |
|
Balance
Sheet |
|||
|
Financial Year |
2011 |
2010 |
2009 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
N |
N |
N |
|
Land & Buildings |
28.000.000 |
30.000.000 |
14.000.000 |
|
Plant & Machinery |
1.262.000.000 |
985.000.000 |
807.000.000 |
|
Other Tangible Assets |
779.000.000 |
912.000.000 |
844.000.000 |
|
Total Tangible Assets |
2.069.000.000 |
1.927.000.000 |
1.665.000.000 |
|
Goodwill |
75.000.000 |
95.000.000 |
24.000.000 |
|
Other Intangible Assets |
129.000.000 |
199.000.000 |
310.000.000 |
|
Total Intangible Assets |
204.000.000 |
294.000.000 |
334.000.000 |
|
Loans To Group |
0 |
0 |
0 |
|
Other Loans |
0 |
0 |
0 |
|
Miscellaneous Fixed Assets |
2.151.000.000 |
1.099.000.000 |
419.000.000 |
|
Total Other Fixed Assets |
2.151.000.000 |
1.099.000.000 |
419.000.000 |
|
TOTAL FIXED ASSETS |
4.424.000.000 |
3.320.000.000 |
2.418.000.000 |
|
Work In Progress |
3.732.000.000 |
1.737.000.000 |
2.191.000.000 |
|
Other Inventories |
3.884.000.000 |
4.048.000.000 |
4.007.000.000 |
|
Total Inventories |
7.616.000.000 |
5.785.000.000 |
6.198.000.000 |
|
Trade Receivables |
6.310.000.000 |
5.592.000.000 |
5.626.000.000 |
|
Group Receivables |
0 |
0 |
0 |
|
Miscellaneous Receivables |
1.444.000.000 |
3.397.000.000 |
1.849.000.000 |
|
Total Receivables |
7.754.000.000 |
8.989.000.000 |
7.475.000.000 |
|
Cash |
5.381.000.000 |
6.033.000.000 |
4.983.000.000 |
|
Other Current Assets |
0 |
0 |
0 |
|
TOTAL CURRENT ASSETS |
20.751.000.000 |
20.807.000.000 |
18.656.000.000 |
|
TOTAL ASSETS |
25.175.000.000 |
24.127.000.000 |
21.074.000.000 |
|
Trade Payables |
3.947.000.000 |
3.767.000.000 |
3.506.000.000 |
|
Bank Liabilities |
0 |
0 |
0 |
|
Group Payables |
0 |
0 |
0 |
|
Miscellaneous Liabilities |
8.923.000.000 |
8.756.000.000 |
7.949.000.000 |
|
TOTAL CURRENT LIABILITIES |
12.870.000.000 |
12.523.000.000 |
11.455.000.000 |
|
Bank Liabilities Due After 1 Year |
0 |
0 |
0 |
|
Other Loans Or Finance Due After 1 Year |
0 |
0 |
0 |
|
Group Payables After 1 Year |
0 |
0 |
0 |
|
Miscellaneous Liabilities Due After 1 Year |
3.133.000.000 |
3.213.000.000 |
1.357.000.000 |
|
TOTAL LONG TERM LIABILITIES |
3.133.000.000 |
3.213.000.000 |
1.791.000.000 |
|
TOTAL LIABILITIES |
16.003.000.000 |
15.736.000.000 |
13.246.000.000 |
|
Called Up Share Capital |
400.000.000 |
400.000.000 |
400.000.000 |
|
Share Premium |
0 |
0 |
0 |
|
Revenue Reserves |
9.184.000.000 |
7.794.000.000 |
7.845.000.000 |
|
Other Reserves |
-412.000.000 |
197.000.000 |
-417.000.000 |
|
TOTAL SHAREHOLDERS EQUITY |
9.172.000.000 |
8.391.000.000 |
7.828.000.000 |
|
Other
Financials |
|||
|
Contingent Liabilities |
88.000.000 |
80.000.000 |
80.000.000 |
|
Working Capital |
7.881.000.000 |
8.284.000.000 |
7.201.000.000 |
|
Net Worth |
8.968.000.000 |
8.097.000.000 |
7.494.000.000 |
|
Ratios |
|||
|
Pre-Tax Profit Margin |
13.76 % |
6.44 % |
9.78 % |
|
Return On Capital Employed |
11.40 % |
4.78 % |
8.53 % |
|
Return On Total Assets Employed |
17.22 % |
7.26 % |
13.16 % |
|
Return On Net Assets Employed |
47.27 % |
20.87 % |
35.44 % |
|
Sales/Net Working Capital |
4.00 |
3.28 |
3.94 |
|
Stock Turnover Ratio |
24.17 % |
21.28 % |
21.86 % |
|
Debtor Days |
73.10 |
75.08 |
72.42 |
|
Creditor Days |
45.73 |
50.57 |
45.13 |
|
Current Ratio |
1.61 |
1.66 |
1.63 |
|
Liquidity Ratio/Acid Test |
1.02 |
1.20 |
1.09 |
|
Current Debt Ratio |
1.40 |
1.49 |
1.46 |
|
Gearing |
13.18 % |
14.54 % |
5.63 % |
|
Equity In Percentage |
40.19 % |
36.91 % |
38.52 % |
|
Total Debt Ratio |
1.74 |
1.88 |
1.69 |
Na
|
Activities |
|
|
Activity Code |
Activity Description |
|
27120 |
Manufacture of electricity distribution and control
apparatus |
|
27110 |
Manufacture of electric motors, generators and
transformers |
|
27320 |
Manufacture of other electronic and electric wires and
cables |
|
33200 |
Installation of industrial machinery and equipment |
|
27900 |
Manufacture of other electrical equipment |
|
Main
Address |
||
|
Address |
Country |
Telephone |
|
Unknown address |
SWEDEN |
021-325000 |
|
Other Address |
|
|
Address |
Country |
|
Mekanikervägen 6, BANKERYD 56435 |
SWEDEN |
|
Stationsgatan 55, HALMSTAD 30250 |
SWEDEN |
|
Sävelundsgatan 2, ALINGSÅS 44138 |
SWEDEN |
|
Boplatsgatan 3, MALMÖ 21376 |
SWEDEN |
|
Varlabergsvägen 11, KUNGSBACKA 43439 |
SWEDEN |
|
Valhallavägen 2, LUDVIKA 77131 |
SWEDEN |
|
Industrivägen 9, GRÄNGESBERG 77232 |
SWEDEN |
|
Fältmätargatan 16, VÄSTERÅS 72135 |
SWEDEN |
|
Kanalvägen 17, TÄBY 18330 |
SWEDEN |
|
Ventilgatan 5, KARLSTAD 65345 |
SWEDEN |
|
Lunnagårdsgatan 4, MÖLNDAL 43190 |
SWEDEN |
|
Grännavägen 24, HUSKVARNA 56134 |
SWEDEN |
|
Norra Malmvägen 143, SOLLENTUNA 19162 |
SWEDEN |
|
Boplatsgatan 8, MALMÖ 21376 |
SWEDEN |
|
Universitetsallén 32, SUNDSVALL 85234 |
SWEDEN |
|
Pendelgatan 2, UMEÅ 90422 |
SWEDEN |
|
Banvägen 11, LULEÅ 97346 |
SWEDEN |
|
Linnégatan 28, NORRKÖPING 60223 |
SWEDEN |
|
Forskargränd 8, VÄSTERÅS 72226 |
SWEDEN |
|
Stureholmsvägen 1A, UDDEVALLA 45155 |
SWEDEN |
|
Arnöleden 2, NYKÖPING 61131 |
SWEDEN |
|
Fabriksvägen 25, FIGEHOLM 57275 |
SWEDEN |
|
Lugna Gatan, VÄSTERÅS 72136 |
SWEDEN |
|
Verkö, LYCKEBY 37165 |
SWEDEN |
|
Axeltoftavägen 170, LANDSKRONA 26135 |
SWEDEN |
|
Metallverksgatan 21, VÄSTERÅS 72130 |
SWEDEN |
|
Skylvägen 1, ÖJEBYN 94333 |
SWEDEN |
|
Östra Ringvägen 147, OLOFSTRÖM 29340 |
SWEDEN |
|
Södra Kungsvägen 315, LIDINGÖ 18163 |
SWEDEN |
|
Norra Oskarsgatan 12, LINKÖPING 58273 |
SWEDEN |
|
Nyby Bruk, TORSHÄLLA 64431 |
SWEDEN |
|
Hammarbyvägen 4, STORVIK 81230 |
SWEDEN |
|
Vuoskojärvivägen 13, GÄLLIVARE 98238 |
SWEDEN |
|
Hannugatan 1 A, KIRUNA 98133 |
SWEDEN |
|
Verkstadsvägen 1, SKELLEFTEÅ 93161 |
SWEDEN |
|
Hovgatan 6, SUNDSVALL 85462 |
SWEDEN |
|
Höglandsvägen 5, ÖRNSKÖLDSVIK 89150 |
SWEDEN |
|
Västerselsvägen 12, MELLANSEL 89540 |
SWEDEN |
|
Exportgatan 20B, HISINGS BACKA 42246 |
SWEDEN |
|
Örjansgränd 10, VÄSTERÅS 72132 |
SWEDEN |
|
Email
Addresses |
|
No information for this company. |
|
Web Pages |
|
No information for this company. |
|
Employee
Information |
|
|
Year |
Number of Employees |
|
2011 |
8742 |
|
2010 |
8843 |
|
2009 |
9074 |
|
2008 |
9113 |
|
2007 |
8833 |
|
Advisors |
|
|
Auditor Name |
Börje Stefan Andersson Berglund |
|
Auditor Name |
Ernst & Young Aktiebolag |
|
Tax
Registrations |
|
|
Registered for FTax |
Yes |
|
Registered for VAT |
Yes |
|
Registered for Employee Tax |
Yes |
|
Certificates |
||
|
Type |
Category |
Issuer |
|
No certificate information for this company. |
|
|
|
Industry
Comparison |
|
|
Activity Code |
27120 |
|
Activity Description |
Manufacture of electricity distribution and control
apparatus |
|
Industry Average Credit Rating |
78 (1 - 100) |
|
Industry Average Credit Limit |
206.000 SEK |
|
Event
History |
|
|
Event Date |
Event Description |
|
15/01/2013 |
Company representatives, changed |
|
15/01/2013 |
Authorised signatory, changed |
|
15/12/2012 |
Status, changed |
|
15/12/2012 |
Authorised signatory, changed |
|
06/11/2012 |
Certificate, deregistered |
|
18/10/2012 |
Company representatives, changed |
|
18/10/2012 |
Authorised signatory, changed |
|
05/10/2012 |
Status, changed |
|
17/07/2012 |
Annual account, new |
|
17/07/2012 |
Group annual accout, new |
|
22/06/2012 |
Annual report (PDF), new |
|
20/06/2012 |
Board, changed |
|
20/06/2012 |
Company representatives, changed |
|
20/06/2012 |
Authorised signatory, changed |
|
08/06/2012 |
Authorised signatory, changed |
|
08/06/2012 |
Board, changed |
|
08/06/2012 |
Company representatives, changed |
|
31/05/2012 |
Merge information, changed |
|
31/05/2012 |
Status, changed |
|
25/04/2012 |
Board, changed |
|
25/04/2012 |
Authorised signatory, changed |
|
25/04/2012 |
Company representatives, changed |
|
24/03/2012 |
Status, changed |
|
24/03/2012 |
Merge information, changed |
|
07/03/2012 |
Authorised signatory, changed |
|
07/03/2012 |
Company representatives, changed |
|
07/03/2012 |
Board, changed |
|
14/02/2012 |
Merge information, changed |
|
14/02/2012 |
Status, changed |
|
30/12/2011 |
Authorised signatory, changed |
|
30/12/2011 |
Company representatives, changed |
|
30/12/2011 |
Board, changed |
|
08/12/2011 |
Merge information, changed |
|
08/12/2011 |
Status, changed |
|
04/10/2011 |
Certificate, registered |
|
23/08/2011 |
Status, changed |
|
23/08/2011 |
Merge information, changed |
|
28/07/2011 |
Annual account, new |
|
28/07/2011 |
Group annual accout, new |
|
11/07/2011 |
Annual report (PDF), new |
|
15/06/2011 |
Merge information, changed |
|
15/06/2011 |
Status, changed |
|
04/05/2011 |
Authorised signatory, changed |
|
04/05/2011 |
Board, changed |
|
04/05/2011 |
Limit, increase |
|
04/05/2011 |
Company representatives, changed |
|
05/04/2011 |
Board, changed |
|
05/04/2011 |
Limit, decrease |
|
05/04/2011 |
Company representatives, changed |
|
05/04/2011 |
Authorised signatory, changed |
|
29/03/2011 |
Phone number, new |
|
11/01/2011 |
Company representatives, changed |
|
11/01/2011 |
Authorised signatory, changed |
|
11/01/2011 |
Board, changed |
|
03/01/2011 |
Certificate, deregistered |
|
23/12/2010 |
Status, changed |
|
23/12/2010 |
Merge information, changed |
|
26/11/2010 |
Board, changed |
|
26/11/2010 |
Authorised signatory, changed |
|
26/11/2010 |
Company representatives, changed |
|
15/10/2010 |
Merge information, changed |
|
15/10/2010 |
Status, changed |
|
13/09/2010 |
Annual account, new |
|
02/09/2010 |
Board, changed |
|
02/09/2010 |
Authorised signatory, changed |
|
02/09/2010 |
Company representatives, changed |
|
01/09/2010 |
Annual report (PDF), new |
|
04/08/2010 |
Authorised signatory, changed |
|
04/08/2010 |
Company representatives, changed |
|
04/08/2010 |
Board, changed |
|
02/06/2010 |
Board, changed |
|
02/06/2010 |
Limit, increase |
|
02/06/2010 |
Authorised signatory, changed |
|
02/06/2010 |
Company representatives, changed |
|
04/05/2010 |
Authorised signatory, changed |
|
04/05/2010 |
Company representatives, changed |
|
04/05/2010 |
Limit, decrease |
|
04/05/2010 |
Board, changed |
|
05/03/2010 |
Company representatives, changed |
|
05/03/2010 |
Authorised signatory, changed |
|
05/03/2010 |
Board, changed |
|
28/09/2009 |
Board, changed |
|
28/09/2009 |
Authorised signatory, changed |
|
28/09/2009 |
Company representatives, changed |
|
08/07/2009 |
Annual account, new |
|
25/06/2009 |
Annual report (PDF), new |
|
01/06/2009 |
Company representatives, changed |
|
01/06/2009 |
Board, changed |
|
01/06/2009 |
Authorised signatory, changed |
|
12/03/2009 |
Board, changed |
|
12/03/2009 |
Authorised signatory, changed |
|
12/03/2009 |
Company representatives, changed |
|
29/01/2009 |
Company representatives, changed |
|
29/01/2009 |
Board, changed |
|
29/01/2009 |
Authorised signatory, changed |
|
20/01/2009 |
Company representatives, changed |
|
20/01/2009 |
Board, changed |
|
20/01/2009 |
Authorised signatory, changed |
|
31/07/2008 |
Authorised signatory, changed |
|
31/07/2008 |
Company representatives, changed |
|
31/07/2008 |
Board, changed |
|
10/07/2008 |
Annual account, new |
|
30/06/2008 |
Annual report (PDF), new |
|
27/05/2008 |
Authorised signatory, changed |
|
27/05/2008 |
Board, changed |
|
27/05/2008 |
Company representatives, changed |
|
12/02/2008 |
Board, changed |
|
12/02/2008 |
Authorised signatory, changed |
|
12/02/2008 |
Company representatives, changed |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian
Rupees |
|
US Dollar |
1 |
Rs.53.29 |
|
UK Pound |
1 |
Rs.83.96 |
|
Euro |
1 |
Rs.71.88 |
INFORMATION DETAILS
|
Report
Prepared by : |
SDA |
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.