|
Report Date : |
18.07.2013 |
IDENTIFICATION DETAILS
|
Name : |
BÄKO-ZENTRALE NORD EG |
|
|
|
|
Registered Office : |
Am Kiekenbusch 4, D 47269 Duisburg, Post Box 29 01 71, D 47261 Duisburg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
15.11.1908 |
|
|
|
|
Com. Reg. No.: |
GnR 230 |
|
|
|
|
Legal Form : |
Registered Cooperative |
|
|
|
|
Line of Business : |
Wholesaler of
food |
|
|
|
|
No. of Employees : |
118 |
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 : |
Good |
|
Payment Behaviour : |
Regular |
|
Litigation : |
--- |
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 31st 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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 6.5% in 2012. GDP contracted 5.1% in 2009 but grew
by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7% in 2012 - a
reflection of low investment spending due to crisis-induced uncertainty and the
decreased demand for German exports from recession-stricken periphery
countries. Stimulus and stabilization efforts initiated in 2008 and 2009 and
tax cuts introduced in Chancellor Angela MERKEL's second term increased
Germany's total budget deficit - including federal, state, and municipal - to
4.1% in 2010, but slower spending and higher tax revenues reduced the deficit
to 0.8% in 2011. In 2012 Germany reached a budget surplus of 0.1%. 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 though
the target was already reached in 2012. By 2014, the federal government wants
to balance its budget. 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 electricity generating capacity and 46% of its base-load electricity
production.
|
Source : CIA |
Note:
Your inquiry: BÄKO-ZENTRALE NORD eG, Siemensstr. 13-17, D 25462 Rellingen. The subject of your inquiry is a branch. We are reporting on the headquarters.
BÄKO-ZENTRALE NORD eG
Am Kiekenbusch 4
D 47269 Duisburg
Post Box:
29 01 71, D 47261 Duisburg
Telephone: 0203/7684-0
Telefax: 0203/7681018
Homepage: www.baeko.de
E-mail: info-duisburg@baekogruppenord.de
DE119554462
active
The company is considered solvent for credits within its scope of business.
LEGAL FORM Registered cooperative
Date of foundation: 15.11.1908
Registered on: 15.06.1988
Register of
cooperatives: Local court 47051 Duisburg
under: GnR
230
Number of members: 22
Amount per share: EUR 58.80
Total number of
shares: 15,000
Total amount guaranteed: EUR 8,819.78
Lutz Henning
Heinestr. 9
D 41464 Neuss
authorized to jointly represent the company
born: 04.03.1950
Profession: Fully qualified management
expert
Marital status: married
Member of the Board of Directors
Eckhard Starke
Ahnten 19
D 28790 Schwanewede
born: 17.10.1949
Marital status: married
Member of the Board of Directors:
Alois Mensing
Kurze Str. 7
D 46342 Velen
born: 25.05.1948
Profession: Master baker
Marital status: married
Jean-Pierre Nachtsheim
D 86368 Gersthofen
authorized to jointly represent the company
born: 29.04.1968
Profession: Businessman
Proxy:
Michael Behrens
D 25336 Elmshorn
authorized to jointly represent the company
Profession: Businessman
Proxy:
Frank D. Herzog
D 47798 Krefeld
authorized to jointly represent the company
born: 16.09.1963
Proxy:
Klaus Burger
D 47441 Moers
authorized to jointly represent the company
born: 02.06.1959
Further functions/participations of Lutz
Henning (Member of the Board of Directors)
Manager:
Rhenus Back- und Vertriebs-Gesellschaft mit
beschränkter Haftung
Am Kiekenbusch 4
D 47269 Duisburg
Legal form: Private limited company
Share capital: EUR 62,000.00
Registered
on: 27.06.1988
Reg. data: 47051 Duisburg, HRB 4574
Manager:
BÄKO-LAGERHÄUSER Ost GmbH
Am Kiekenbusch 4
D 47269 Duisburg
Legal form: Private limited company
Share capital: EUR 520,000.00
Registered
on: 12.06.1991
Reg. data: 47051 Duisburg, HRB 5468
Manager:
BÄKO Euro Trade GmbH
Siemensstr. 13-17
D 25462 Rellingen
Legal form: Private limited company
Share capital: EUR 210,000.00
Registered
on: 26.06.1979
Reg. data: 25421 Pinneberg, HRB 1029 PI
Vice-president of the
Board of Directors:
DER MITTELSTANDSVERBUND - ZGV e.V.
Am Weidendamm 1a
D 10117 Berlin
Legal form: Registered association
Registered
on: 08.10.1951
Reg. data: 14057 Berlin, VR 22795 B
Member of the Board
of Directors:
Werbegemeinschaft des Deutschen
Bäckerhandwerks e.V.
Neustädtische Kirchstr. 7a
D 10117 Berlin
Legal form: Registered association
Registered
on: 28.04.2006
Reg. data: 14057 Berlin, VR 25486 B
Liquidator:
BÄKO Leasing GmbH
Am Kiekenbusch 4
D 47269 Duisburg
Legal form: Private limited company in
liquidation
Share capital: EUR 258,000.00
Registered
on: 27.08.1988
Reg. data: 47051 Duisburg, HRB 4590
Liquidator:
BÄGROS Handels-Gesellschaft mbH
Am Kiekenbusch 4
D 47269 Duisburg
Legal form: Private limited company in
liquidation
Share capital: EUR 1,000,000.00
Registered
on: 24.06.1988
Reg. data: 47051 Duisburg, HRB 4572
Further functions/participations of Eckhard
Starke (Member of the Board of Directors)
General partner:
Starke Bäcker KG
Steller Heide 27
D 28790 Schwanewede
Legal form: Limited partnership
Total cap. EUR 50,000.00
contribution:
Registered
on: 23.02.2010
Reg. data: 29664 Walsrode, HRA 201173
Member of the Board
of Directors:
BÄKO Weser-Ems-Mitte Bäcker- und
Konditorengenossenschaft eG
Holler Landstr. 250-256
D 26135 Oldenburg
Post Box:
1209, D 26002 Oldenburg
Legal form: Registered cooperative
Registered
on: 10.06.1969
Reg. data: 26135 Oldenburg, GnR 431
Further functions/participations of Alois
Mensing (Member of the Board of Directors)
General partner:
Bäckerei Mensing OHG
Lange Str. 17
D 46342 Velen
Legal form: General Partnership
Registered
on: 26.02.1972
Reg. data: 48653 Coesfeld, HRA 3365
President of the
Supervisory Board:
Ebäcko Bäcker- und Konditoren Einkauf eG
An der Hansalinie 9
D 48163 Münster
Legal form: Registered cooperative
Registered
on: 20.04.1918
Reg. data: 48149 Münster, GnR 366
1908 - 1988 Bäko Zentrale West eG
D 40210 Düsseldorf
Registered cooperative
1988 - 19.09.2001 BÄKO-ZENTRALE WEST eG
Am Kiekenbusch 4
D 47269 Duisburg
Registered cooperative
Sectors
· 46389 Wholesale of food n.e.c.
70101 Management of holding companies
73110 Advertising agencies
8413 Regulation of and contribution to more
efficient operation of businesses
Branch:
BÄKO-ZENTRALE NORD eG
Siemensstr. 13-17
D 25462 Rellingen
TEL.: 04101/308-0
FAX.: 04101/308-155
Shareholder:
BÄKO NORD-OST GmbH
Potsdamer Str. 2a
D 14552 Michendorf
Legal form: Private limited company
Company Status: active
Share capital: EUR 4,050,230.00
Share: EUR 2,198,670.00
Reg. data: 05.12.2000
Local court 14467 Potsdam
HRB 14431 P
Shareholder:
BACKRING RHEIN-RUHR Gesellschaft mit
beschränkter Haftung
Lahnstr. 27
D 45478 Mülheim
Post Box:
10 02 62
Legal form: Private limited company
Company Status: active
Share capital: EUR 1,025,000.00
Share: EUR 1,025,000.00
Reg. data: 16.08.1991
Local court 47051 Duisburg
HRB 14993
Shareholder:
BÄKO-LAGERHÄUSER Ost GmbH
Am Kiekenbusch 4
D 47269 Duisburg
Legal form: Private limited company
Company Status: active
Share capital: EUR 520,000.00
Share: EUR 520,000.00
Reg. data: 12.06.1991
Local court 47051 Duisburg
HRB 5468
Shareholder:
BÄKO Leasing GmbH
Am Kiekenbusch 4
D 47269 Duisburg
Legal form: Private limited company
Company Status: in liquidation
since: 01.07.2010
Share capital: EUR 258,000.00
Share: EUR 258,000.00
Reg. data: 27.08.1988
Local court 47051 Duisburg
HRB 4590
Shareholder:
BackBüro Service GmbH
Am Kiekenbusch 4
D 47269 Duisburg
Legal form: Private limited company
Company Status: active
Share capital: EUR 561,000.00
Share: EUR 230,000.00
Reg. data: 16.05.2012
Local court 47051 Duisburg
HRB 24504
Shareholder:
BÄKO Euro Trade GmbH
Siemensstr. 13-17
D 25462 Rellingen
Legal form: Private limited company
Company Status: active
Share capital: EUR 210,000.00
Share: EUR 210,000.00
Reg. data: 26.06.1979
Local court 25421 Pinneberg
HRB 1029 PI
Shareholder:
Rhenus Back- und Vertriebs-Gesellschaft mit
beschränkter Haftung
Am Kiekenbusch 4
D 47269 Duisburg
Legal form: Private limited company
Company Status: active
Share capital: EUR 62,000.00
Share: EUR 62,000.00
Reg. data: 27.06.1988
Local court 47051 Duisburg
HRB 4574
Shareholder:
WEBEKA Steuerberatungsgesellschaft mbH
Preußenring 111
D 47798 Krefeld
Legal form: Private limited company
Company Status: active
Share capital: EUR 46,016.28
Share: EUR 15,338.76
Reg. data: 14.11.1986
Local court 47798 Krefeld
HRB 3293
Shareholder:
GWS Gesellschaft für
Warenwirtschafts-Systeme mit beschränkter
Haftung
Willy-Brandt-Weg 1
D 48155 Münster
Legal form: Private limited company
Company Status: active
Share capital: EUR 1,050,000.00
Share: EUR 10,500.00
Reg. data: 10.07.1992
Local court 48149 Münster
HRB 3844
Shareholder:
Deutscher Bäckerverlag Gesellschaft mit
beschränkter Haftung
Bergstr. 79-81
D 44791 Bochum
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,650.00
Share: EUR 9,234.00
Reg. data: 10.01.1949
Local court 44787 Bochum
HRB 160
Payment experience: cash discount/within agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2011
Type of ownership: proprietor
Share: 100.00 %
Address Am Kiekenbusch 4
D 47269 Duisburg
Real Estate of: Lutz Henning
Type of ownership: Tenant
Address Heinestr. 9
D 41464 Neuss
Land register documents were not available.
Principal bank
DEGUSSA BANK, DÜSSELDORF
Sort. code: 50010700, BIC: DEGUDEFFXXX
Further banks
DEUTSCHE BANK, DÜSSELDORF
Sort. code: 30070010, BIC: DEUTDEDDXXX
DEUTSCHE BANK, DUISBURG
Sort. code: 35070030, BIC: DEUTDEDE350
VOLKSBANK DORTMUND-NORDWEST, DORTMUND
Sort. code: 44060122, BIC: GENODEM1DNW
Turnover: 2011 EUR 301,378,938.00
Profit: 2011 EUR 1,237,639.00
Equipment: EUR 1,696,944.00
Ac/ts
receivable:
EUR 36,541,302.00
Liabilities: EUR 34,165,317.00
Employees:
118
Balance sheet ratios
01.01.2011 - 31.12.2011
Equity ratio
[%]: 33.96
Liquidity
ratio: 1.17
Return on total
capital [%]: 1.52
Balance sheet ratios
01.01.2010 - 31.12.2010
Equity ratio
[%]: 34.69
Liquidity
ratio: 1.24
Return on total
capital [%]: 2.79
Balance sheet ratios
01.01.2009 - 31.12.2009
Equity ratio
[%]: 34.75
Liquidity
ratio: 1.23
Return on total
capital [%]: 1.29
Balance sheet ratios
01.01.2008 - 31.12.2008
Equity ratio
[%]: 34.76
Liquidity
ratio: 1.15
Return on total
capital [%]: 1.47
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:
01.01.2011 - 31.12.2011
ASSETS EUR 61,088,947.54
Fixed assets EUR 7,488,845.67
Intangible assets EUR 83,762.97
Concessions, licences,
rights EUR 83,762.97
Tangible assets EUR 3,454,348.11
Land / similar
rights EUR 1,494,697.55
Plant / machinery EUR 6.55
Other tangible assets /
fixtures and
fittings EUR 1,696,943.69
Advance payments made /
construction
in progress EUR
262,700.32
Financial assets EUR 3,950,734.59
Shares in
participations /
subsidiaries and the
like EUR 2,915,734.59
Shares in related
companies EUR 2,848,572.25
Shares in
cooperatives EUR 26,300.00
Shares in investee
companies EUR 40,862.34
Loans to participations
/
subsidiaries and the
like EUR 1,035,000.00
Loans to related
companies EUR 1,035,000.00
Current assets EUR 53,569,741.68
Stocks EUR 14,050,644.20
Finished goods / work
in progress EUR 13,307,117.90
Advance payments made EUR 743,526.30
Accounts receivable EUR 36,541,302.37
Trade debtors EUR 31,708,494.83
Amounts due from
related companies EUR 1,589,915.57
Other debtors and
assets EUR 3,242,891.97
Liquid means EUR 2,977,795.11
Remaining other
assets EUR 30,360.19
Accruals (assets) EUR 30,360.19
LIABILITIES EUR 61,088,947.54
Shareholders' equity EUR 20,748,653.46
Capital EUR 4,230,000.00
Business assets of the
members of a
registered cooperative
society EUR 4,230,000.00
Reserves EUR 15,281,014.28
Retained earnings /
revenue reserves EUR
15,281,014.28
Balance sheet
profit/loss (+/-) EUR 1,237,639.18
Annual surplus / annual
deficit EUR 1,237,639.18
Provisions EUR 6,166,874.32
Pension provisions and
comparable
provisions EUR 2,671,257.00
Provisions for taxes EUR 199,356.00
Other / unspecified
provisions EUR 3,296,261.32
Liabilities EUR 34,165,317.39
Other liabilities EUR 34,165,317.39
Trade creditors (for
IAS incl. bills
of exchange) EUR 33,780,350.75
Liabililties due to
related companiesEUR
56,737.72
Liabilities due to
investee companiesEUR
27,411.57
Unspecified other
liabilities EUR 300,817.35
thereof liabilities
from tax /
financial
authorities EUR 258,755.70
thereof liabilities
from social
security EUR 1,931.47
Other liabilities EUR 8,102.37
Deferrals
(liabilities) EUR 8,102.37
Guarantees and other
commitments EUR 13,021,672.00
Discounted bills of
exchange EUR 9,931,219.00
Guarantees /
warranties EUR 3,090,453.00
Guarantees EUR 369,929.00
Warranties EUR 2,720,524.00
PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 301,378,938.00
Other operating
income EUR 908,100.76
Cost of materials EUR 287,511,401.30
Raw materials and
supplies, purchased
goods EUR 281,904,975.27
Purchased services EUR 5,606,426.03
Gross result (+/-) EUR 14,775,637.46
Staff expenses EUR 7,783,059.46
Wages and salaries EUR 6,595,633.68
Social security
contributions and
expenses for pension
plans and
benefits EUR 1,187,425.78
Total depreciation EUR 693,376.73
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 693,376.73
Other operating
expenses EUR 4,548,753.18
Operating result from
continuing
operations EUR 1,750,448.09
Result from participating
interests
(+/-) EUR 4,542.60
Expenses / income from
participations EUR 4,542.60
Interest result
(+/-) EUR -146,987.63
Interest and similar
income EUR 299,647.72
thereof from related
companies EUR 116,422.94
Interest and similar
expenses EUR 446,635.35
thereof paid to related
companies EUR 22,143.33
Other financial
result EUR 12,445.49
Income from securities
and loans from
financial assets EUR 12,445.49
thereof related
companies EUR 12,445.49
Financial result
(+/-) EUR -129,999.54
Result from ordinary
operations (+/-) EUR 1,620,448.55
Extraordinary income EUR 308,337.92
Extraordinary result
(+/-) EUR 308,337.92
Income tax / refund of
income tax (+/-)EUR -599,396.91
Other taxes / refund of
taxes EUR -91,750.38
Tax (+/-) EUR -691,147.29
Annual surplus / annual
deficit EUR 1,237,639.18
Type of balance
sheet:
Company balance sheet
Financial year:
01.01.2010 - 31.12.2010
ASSETS
EUR 56,885,810.62
Fixed assets EUR 6,481,079.02
Intangible assets EUR 113,613.52
Concessions, licences,
rights EUR 113,613.52
Tangible assets EUR 3,411,474.62
Land / similar
rights EUR 1,726,508.55
Plant / machinery EUR 6.55
Other tangible assets /
fixtures and
fittings EUR 1,684,959.52
Financial assets EUR 2,955,990.88
Shares in
participations /
subsidiaries and the
like EUR 1,835,990.88
Shares in related
companies EUR 1,768,828.54
Shares in
cooperatives EUR 26,300.00
Shares in investee
companies EUR 40,862.34
Loans to participations
/
subsidiaries and the
like EUR 1,120,000.00
Loans to related
companies EUR 1,120,000.00
Current assets EUR 50,328,797.72
Stocks EUR 12,542,732.35
Finished goods / work
in progress EUR 12,542,732.35
Accounts receivable EUR 34,871,061.43
Trade debtors EUR 7,731,021.25
Amounts due from
related companies EUR 2,468,048.96
Other debtors and
assets EUR 24,671,991.22
Liquid means EUR 2,915,003.94
Remaining other
assets EUR 75,933.88
Accruals (assets) EUR 75,933.88
LIABILITIES EUR 56,885,810.62
Shareholders' equity EUR 19,771,564.28
Capital EUR 4,230,000.00
Business assets of the
members of a
registered cooperative
society EUR 4,230,000.00
Reserves EUR 14,427,478.08
Retained earnings /
revenue reserves EUR
14,427,478.08
Balance sheet
profit/loss (+/-) EUR 1,114,086.20
Annual surplus / annual
deficit EUR 1,114,086.20
Provisions EUR 5,980,628.28
Pension provisions and
comparable
provisions EUR 2,695,629.00
Provisions for
taxes EUR 253,077.91
Other / unspecified
provisions EUR 3,031,921.37
Liabilities EUR 31,133,618.06
Financial debts EUR 127,329.69
Liabilities due to
banks EUR 127,329.69
Other liabilities EUR 31,006,288.37
Trade creditors (for
IAS incl. bills
of exchange) EUR 10,629,416.60
Liabililties due to
related companiesEUR
27,834.82
Liabilities due to
investee companiesEUR 28,442.86
Unspecified other
liabilities EUR 20,320,594.09
thereof liabilities
from tax /
financial
authorities EUR 123,628.83
thereof liabilities
from social
security EUR 0.00
Guarantees and other
commitments EUR 12,712,011.00
Discounted bills of
exchange EUR 9,137,290.00
Guarantees /
warranties EUR 3,574,721.00
Guarantees EUR 704,929.00
Warranties EUR 2,869,792.00
PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 257,293,488.18
Other operating
income EUR 757,806.67
Cost of materials EUR 243,614,939.22
Raw materials and
supplies, purchased
goods EUR 243,614,939.22
Gross result (+/-) EUR 14,436,355.63
Staff expenses EUR 7,243,926.38
Wages and salaries EUR 6,158,210.73
Social security
contributions and
expenses for pension
plans and
benefits EUR 1,085,715.65
Total depreciation EUR 659,864.69
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 659,864.69
Other operating
expenses EUR 4,304,511.98
Operating result from
continuing
operations EUR 2,228,052.58
Result from participating
interests
(+/-) EUR 4,686.35
Expenses / income from
participations EUR 4,686.35
Interest result
(+/-) EUR -149,705.29
Interest and similar
income EUR 240,851.90
Interest and similar
expenses EUR 390,557.19
Other financial
result EUR 11,626.08
Income from securities
and loans from
financial assets EUR 11,626.08
Financial result
(+/-) EUR -133,392.86
Result from ordinary
operations (+/-) EUR 2,094,659.72
Extraordinary
expenses EUR 472,300.00
Extraordinary result
(+/-) EUR -472,300.00
Income tax / refund of
income tax (+/-)EUR -416,765.50
Other taxes / refund of
taxes EUR -91,508.02
Tax (+/-) EUR -508,273.52
Annual surplus / annual
deficit EUR 1,114,086.20
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.36 |
|
UK Pound |
1 |
Rs.89.69 |
|
Euro |
1 |
Rs.77.99 |
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.