|
Report Date : |
07.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
Atlas Copco Secoroc Aktiebolag |
|
|
|
|
Registered Office : |
Box 521, 73725 Fagersta |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
24.01.1898 |
|
|
|
|
Com. Reg. No.: |
5560019019 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacturer of tools |
|
|
|
|
No. of Employees : |
762 |
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 : |
Regular |
|
|
|
|
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 |
A2 |
A2 |
|
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 |
Atlas Copco Secoroc Aktiebolag |
|
Country |
SWEDEN |
|
Company
Registration Number |
5560019019 |
|
Main
Activity |
Manufacture
of tools |
|
Activity
Code |
25730 |
|
Company
Status |
Active |
|
Latest
Turnover Figure |
2.531.490.000
SEK |
|
Latest
Shareholder Equity Figure |
216.942.000
SEK |
|
Basic
Information |
|
|
Business
Name |
Atlas
Copco Secoroc Aktiebolag |
|
Registered Company Name |
Atlas Copco Secoroc Aktiebolag |
|
Company Registration Number |
5560019019 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556001901901 |
|
Date of Company Registration |
24/01/1898 |
|
Legal Form |
Limited liability company |
|
Company
Status |
Active |
|
Currency
of this Report |
SEK |
|
Principal
Activity Description |
Bolaget
skall bedriva direkt eller genom hel- eller delägda företag, mekanisk
verkstadsrörelse och utöva därmed förenlig verksamhet. (The
company shall engage directly or through wholly or partly owned companies,
mechanical engineering movement and exercise related activities.) |
|
Contact
Address |
Box
521, 73725 FAGERSTA |
|
Contact
Telephone Number |
0223-46100 |
|
Activities |
|
|
Activity
Code |
Activity
Description |
|
25730 |
Manufacture
of tools |
|
28920 |
Manufacture
of machinery for mining, quarrying and construction |
|
Main
Address |
|||
|
Address |
Country |
Telephone |
|
|
Box
521, 73725 FAGERSTA |
SWEDEN |
0223-46100 |
|
|
Other
Address |
|||
|
Address |
Country |
||
|
Hamrångevägen
25, 81631 |
SWEDEN |
||
|
Email
Addresses |
|||
|
No
information for this company. |
|||
|
Web
Pages |
|||
|
www.atlascopco.se |
|||
|
Current
Directors |
|||
|
Name |
Appointment
Date |
Position |
|
|
Robert
Frank Fassl |
20/01/2012 |
Actual
Member of Board |
|
|
Johan
Alexander Halling |
10/07/2002 |
Actual
Member of Board |
|
|
Bengt
Birger Lindgren |
|
Actual
Member of Board |
|
|
Johan
Marino Wallsten |
10/05/2010 |
Actual
Member of Board |
|
|
Kjell
Åke Pettersson |
23/09/2008 |
Actual
Member of Board |
|
|
Jan
Bertil Andersson |
15/12/2003 |
Substitute |
|
|
Kent
Göran Stenberg |
10/09/2009 |
Substitute |
|
|
Previous
Directors |
|||
|
Name |
Appointment
Date |
Position |
Resignation
Date |
|
Björn
Klas Otto Rosengren |
08/04/2002 |
Actual
Member of Board |
20/01/2012 |
|
Carl
Johan Magnus Ericson |
10/09/2009 |
Actual
Member of Board |
10/05/2010 |
|
Patrik
Sören Wahlström |
23/09/2008 |
Actual
Member of Board |
10/09/2009 |
|
Hans
Sune Grafström |
29/12/1999 |
Actual
Member of Board |
23/09/2008 |
|
Jan-Erik
Ingvar Sandberg |
|
Actual
Member of Board |
23/09/2008 |
|
Per
Anders Rune Olsson |
11/09/1999 |
Substitute |
23/09/2008 |
No negative information
found.
|
Issued
Share Capital |
46.500.000
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 |
1 |
|
Number
of applications for an order to pay |
1 |
|
Number
of reclaimed/revoked applications |
-
|
|
Latest
Private Claim |
|
|
Date |
30/03/2011 |
|
Amount |
3.230
SEK |
|
Creditor |
Sweden
Rent A Car AB |
|
Comments |
Decision |
|
Ultimate
Holding Parent |
|
|
|
Ultimate
Holding Company Name |
Atlas
Copco Aktiebolag |
|
|
Ultimate
Holding Company Country |
SWEDEN |
5560142720 |
|
Immediate
Holding Parent |
|
|
|
Immediate
Holding Company Name |
Atlas
Copco Aktiebolag |
|
|
Immediate
Holding Company Country |
SWEDEN |
5560142720 |
|
Subsidary
Companies |
||
|
Subsidiary
Name |
Country |
Number |
|
No
subsidaries for this company. |
|
|
|
Affiliates |
||
|
Affiliate
Name |
Country |
Number |
|
Atlas
Copco (India) |
INDIA |
11-20566 |
|
Atlas
Copco As |
NORWAY |
910324381 |
|
Atlas
Copco Airpower NV |
BELGIUM |
403992231 |
|
Atlas
Copco Beheer B.V. |
NETHERLANDS |
230481060000 |
|
Atlas
Copco CMT Sweden Aktiebolag |
SWEDEN |
5561001453 |
|
Atlas
Copco Compressor Aktiebolag |
SWEDEN |
5561552794 |
|
Atlas
Copco Construction Tools AB |
SWEDEN |
5560697228 |
|
Atlas
Copco Craelius AB |
SWEDEN |
5560412149 |
|
Atlas
Copco Dynapac AB |
SWEDEN |
5566550413 |
|
Dynapac
AB |
SWEDEN |
5566550421 |
|
Dynapac
Compaction Equipment AB |
SWEDEN |
5560686577 |
|
Dynapac
International AB |
SWEDEN |
5563388130 |
|
Sfr
Stg 1626 Kommanditbolag |
SWEDEN |
9166161753 |
|
Dynapac
Holding GmbH |
GERMANY |
HRB
5531 |
|
Atlas
Copco France Holding |
FRANCE |
678200569 |
|
Atlas
Copco Holding GmbH |
GERMANY |
HRB
7550 |
|
Atlas
Copco Iran Aktiebolag |
SWEDEN |
5561552760 |
|
Atlas
Copco Järla Holding Aktiebolag |
SWEDEN |
5560620212 |
|
Atlas
Copco Lugnet Treasury Aktiebolag |
SWEDEN |
5562779537 |
|
Atlas
Copco Customer Finance Aktiebolag |
SWEDEN |
5561099150 |
|
Atlas
Copco Pair Limited |
UNITED
KINGDOM |
01779014 |
|
Atlas
Copco Reinsurance S.A. |
LUXEMBOURG |
B22344 |
|
Atlas
Copco Rock Drills Aktiebolag |
SWEDEN |
5560779018 |
|
Atlas
Copco Sickla Holding Aktiebolag |
SWEDEN |
5563095255 |
|
Atlas
Copco Industrial Technique Aktiebolag |
SWEDEN |
5560449893 |
|
Atlas
Copco Uk Holdings Limited |
UNITED
KINGDOM |
01194804 |
|
BIAB
Tryckluft Aktiebolag |
SWEDEN |
5564391208 |
|
CP
Scanrotor Aktiebolag |
SWEDEN |
5561030080 |
|
CP
Scanrotor Global Aktiebolag |
SWEDEN |
5563375897 |
|
Dynapac
Nordic AB |
SWEDEN |
5566533658 |
|
Industria
Försäkringsaktiebolag |
SWEDEN |
5164017930 |
|
Chicago
Pneumatic Construction Equipment AB |
SWEDEN |
5561975375 |
|
Oy
Atlas Copco Ab |
FINLAND |
366541 |
|
Profit
and Loss |
|||||||||
|
Financial
Year |
2011 |
2010 |
2009 |
||||||
|
Number
of Weeks |
52 |
52 |
52 |
||||||
|
Currency |
SEK |
SEK |
SEK |
||||||
|
Conslotidated
Accounts |
N |
N |
N |
||||||
|
Revenue |
2.531.490.000 |
2.211.228.000 |
1.775.305.000 |
||||||
|
Operating
Costs |
2.050.351.000 |
1.729.173.000 |
1.407.347.000 |
||||||
|
Operating
Profit |
481.139.000 |
482.055.000 |
367.958.000 |
||||||
|
Wages
& Salaries |
-
|
-
|
-
|
||||||
|
Depreciation |
-
|
-
|
-
|
||||||
|
Financial
Income |
194.000 |
76.000 |
8.000 |
||||||
|
Financial
Expenses |
-5.881.000 |
-1.058.000 |
-5.999.000 |
||||||
|
Extraordinary
Income |
-
|
-
|
-
|
||||||
|
Extraordinary
Costs |
-
|
-
|
-
|
||||||
|
Profit
before Tax |
475.452.000 |
481.074.000 |
361.967.000 |
||||||
|
Tax |
-120.672.000 |
-120.505.000 |
-86.507.000 |
||||||
|
Profit
after Tax |
354.780.000 |
360.569.000 |
275.460.000 |
||||||
|
Minority
Interests |
-
|
-
|
-
|
||||||
|
Other
Appropriations |
-16.547.000 |
-22.257.000 |
-13.386.000 |
||||||
|
Retained
Profit |
338.233.000 |
338.312.000 |
262.074.000 |
||||||
|
Balance
Sheet |
|||||||||
|
Financial
Year |
2011 |
2010 |
2009 |
||||||
|
Number
of Weeks |
52 |
52 |
52 |
||||||
|
Currency |
SEK |
SEK |
SEK |
||||||
|
Consolidated
Accounts |
N |
N |
N |
||||||
|
Land
& Buildings |
65.726.000 |
39.377.000 |
43.246.000 |
||||||
|
Plant
& Machinery |
337.155.000 |
353.179.000 |
306.122.000 |
||||||
|
Other
Tangible Assets |
171.479.000 |
60.581.000 |
119.286.000 |
||||||
|
Total
Tangible Assets |
574.360.000 |
453.137.000 |
468.654.000 |
||||||
|
Goodwill |
0 |
0 |
0 |
||||||
|
Other
Intangible Assets |
9.885.000 |
7.678.000 |
9.255.000 |
||||||
|
Total
Intangible Assets |
9.885.000 |
7.678.000 |
9.255.000 |
||||||
|
Loans
To Group |
0 |
0 |
0 |
||||||
|
Other
Loans |
0 |
0 |
0 |
||||||
|
Miscellaneous
Fixed Assets |
891.000 |
640.000 |
84.000 |
||||||
|
Total
Other Fixed Assets |
891.000 |
640.000 |
84.000 |
||||||
|
TOTAL
FIXED ASSETS |
585.136.000 |
461.455.000 |
477.993.000 |
||||||
|
Work
In Progress |
0 |
0 |
0 |
||||||
|
Other
Inventories |
354.975.000 |
291.243.000 |
256.758.000 |
||||||
|
Total
Inventories |
354.975.000 |
291.243.000 |
256.758.000 |
||||||
|
Trade
Receivables |
41.268.000 |
36.520.000 |
34.585.000 |
||||||
|
Group
Receivables |
291.936.000 |
303.846.000 |
182.276.000 |
||||||
|
Miscellaneous
Receivables |
40.802.000 |
42.011.000 |
34.235.000 |
||||||
|
Total
Receivables |
374.006.000 |
382.377.000 |
251.096.000 |
||||||
|
Cash |
289.000 |
909.000 |
467.000 |
||||||
|
Other
Current Assets |
495.000 |
0 |
0 |
||||||
|
TOTAL
CURRENT ASSETS |
729.763.000 |
674.529.000 |
508.321.000 |
||||||
|
TOTAL
ASSETS |
1.314.899.000 |
1.135.984.000 |
986.314.000 |
||||||
|
Trade
Payables |
173.777.000 |
148.908.000 |
148.139.000 |
||||||
|
Bank
Liabilities |
0 |
0 |
0 |
||||||
|
Group
Payables |
602.964.000 |
476.421.000 |
356.822.000 |
||||||
|
Miscellaneous
Liabilities |
129.276.000 |
118.092.000 |
107.072.000 |
||||||
|
TOTAL
CURRENT LIABILITIES |
906.017.000 |
743.421.000 |
612.033.000 |
||||||
|
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 |
191.940.000 |
176.600.000 |
158.943.000 |
||||||
|
TOTAL
LONG TERM LIABILITIES |
191.940.000 |
176.600.000 |
158.943.000 |
||||||
|
TOTAL
LIABILITIES |
1.097.957.000 |
920.021.000 |
770.976.000 |
||||||
|
Called
Up Share Capital |
46.500.000 |
46.500.000 |
46.500.000 |
||||||
|
Share
Premium |
0 |
0 |
0 |
||||||
|
Revenue
Reserves |
498.396.000 |
497.852.000 |
401.955.000 |
||||||
|
Other
Reserves |
-327.954.000 |
-328.389.000 |
-233.117.000 |
||||||
|
TOTAL
SHAREHOLDERS EQUITY |
216.942.000 |
215.963.000 |
215.338.000 |
||||||
|
Balance
Sheet |
|||||||||
|
Financial
Year |
2011 |
2010 |
2009 |
||||||
|
Number
of Weeks |
52 |
52 |
52 |
||||||
|
Currency |
SEK |
SEK |
SEK |
||||||
|
Consolidated
Accounts |
N |
N |
N |
||||||
|
Land
& Buildings |
65.726.000 |
39.377.000 |
43.246.000 |
||||||
|
Plant
& Machinery |
337.155.000 |
353.179.000 |
306.122.000 |
||||||
|
Other
Tangible Assets |
171.479.000 |
60.581.000 |
119.286.000 |
||||||
|
Total
Tangible Assets |
574.360.000 |
453.137.000 |
468.654.000 |
||||||
|
Goodwill |
0 |
0 |
0 |
||||||
|
Other
Intangible Assets |
9.885.000 |
7.678.000 |
9.255.000 |
||||||
|
Total
Intangible Assets |
9.885.000 |
7.678.000 |
9.255.000 |
||||||
|
Loans
To Group |
0 |
0 |
0 |
||||||
|
Other
Loans |
0 |
0 |
0 |
||||||
|
Miscellaneous
Fixed Assets |
891.000 |
640.000 |
84.000 |
||||||
|
Total
Other Fixed Assets |
891.000 |
640.000 |
84.000 |
||||||
|
TOTAL
FIXED ASSETS |
585.136.000 |
461.455.000 |
477.993.000 |
||||||
|
Work
In Progress |
0 |
0 |
0 |
||||||
|
Other
Inventories |
354.975.000 |
291.243.000 |
256.758.000 |
||||||
|
Total
Inventories |
354.975.000 |
291.243.000 |
256.758.000 |
||||||
|
Trade
Receivables |
41.268.000 |
36.520.000 |
34.585.000 |
||||||
|
Group
Receivables |
291.936.000 |
303.846.000 |
182.276.000 |
||||||
|
Miscellaneous
Receivables |
40.802.000 |
42.011.000 |
34.235.000 |
||||||
|
Total
Receivables |
374.006.000 |
382.377.000 |
251.096.000 |
||||||
|
Cash |
289.000 |
909.000 |
467.000 |
||||||
|
Other
Current Assets |
495.000 |
0 |
0 |
||||||
|
TOTAL
CURRENT ASSETS |
729.763.000 |
674.529.000 |
508.321.000 |
||||||
|
TOTAL
ASSETS |
1.314.899.000 |
1.135.984.000 |
986.314.000 |
||||||
|
Trade
Payables |
173.777.000 |
148.908.000 |
148.139.000 |
||||||
|
Bank
Liabilities |
0 |
0 |
0 |
||||||
|
Group
Payables |
602.964.000 |
476.421.000 |
356.822.000 |
||||||
|
Miscellaneous
Liabilities |
129.276.000 |
118.092.000 |
107.072.000 |
||||||
|
TOTAL
CURRENT LIABILITIES |
906.017.000 |
743.421.000 |
612.033.000 |
||||||
|
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 |
191.940.000 |
176.600.000 |
158.943.000 |
||||||
|
TOTAL
LONG TERM LIABILITIES |
191.940.000 |
176.600.000 |
158.943.000 |
||||||
|
TOTAL
LIABILITIES |
1.097.957.000 |
920.021.000 |
770.976.000 |
||||||
|
Called
Up Share Capital |
46.500.000 |
46.500.000 |
46.500.000 |
||||||
|
Share
Premium |
0 |
0 |
0 |
||||||
|
Revenue
Reserves |
498.396.000 |
497.852.000 |
401.955.000 |
||||||
|
Other
Reserves |
-327.954.000 |
-328.389.000 |
-233.117.000 |
||||||
|
TOTAL
SHAREHOLDERS EQUITY |
216.942.000 |
215.963.000 |
215.338.000 |
||||||
|
Other
Financials |
|||||||||
|
Contingent
Liabilities |
1.701.000 |
2.245.000 |
2.152.000 |
||||||
|
Working
Capital |
-176.254.000 |
-68.892.000 |
-103.712.000 |
||||||
|
Net
Worth |
207.057.000 |
208.285.000 |
206.083.000 |
||||||
|
Ratios |
|||
|
Pre-Tax
Profit Margin |
18.78
% |
21.76
% |
20.39
% |
|
Return
On Capital Employed |
21.41
% |
25.60
% |
22.65
% |
|
Return
On Total Assets Employed |
36.16
% |
42.35
% |
36.70
% |
|
Return
On Net Assets Employed |
219.16
% |
222.76
% |
168.09
% |
|
Sales/Net
Working Capital |
-14.36 |
-32.10 |
-17.12 |
|
Stock
Turnover Ratio |
14.02
% |
13.17
% |
14.46
% |
|
Debtor
Days |
5.95 |
6.03 |
7.11 |
|
Creditor
Days |
25.06 |
24.58 |
30.46 |
|
Current
Ratio |
0.81 |
0.91 |
0.83 |
|
Liquidity
Ratio/Acid Test |
0.41 |
0.52 |
0.41 |
|
Current
Debt Ratio |
4.18 |
3.44 |
2.84 |
|
Gearing |
|
0.22
% |
0.51
% |
|
Equity
In Percentage |
16.64
% |
19.15
% |
22.04
% |
|
Total
Debt Ratio |
5.06 |
4.26 |
3.58 |
|
Employee
Information |
|
|
Year |
Number
of Employees |
|
2011 |
762 |
|
2010 |
687 |
|
2009 |
649 |
|
2008 |
695 |
|
2007 |
651 |
|
Advisors |
|
|
Auditor
Name |
Deloitte
AB |
|
Tax
Registrations |
|
|
Registered
for Tax |
Yes |
|
Registered
for VAT |
Yes |
|
Registered
for Employee Tax |
Yes |
|
Certificates |
||
|
Type |
Category |
Issuer |
|
No
certificate information for this company. |
|
|
|
Industry
Comparison |
|
|
Activity
Code |
25730 |
|
Activity
Description |
Manufacture
of tools |
|
Event
History |
|
|
Event
Date |
Event
Description |
|
04/09/2012 |
Company
representatives, changed |
|
04/09/2012 |
Authorised
signatory, changed |
|
21/08/2012 |
Board,
changed |
|
21/08/2012 |
Authorised
signatory, changed |
|
21/08/2012 |
Company
representatives, changed |
|
30/07/2012 |
Annual
account, new |
|
19/07/2012 |
Board,
changed |
|
10/07/2012 |
Annual
report (PDF), new |
|
08/05/2012 |
Certificate,
registered |
|
21/01/2012 |
Company
representatives, changed |
|
21/01/2012 |
Authorised
signatory, changed |
|
21/01/2012 |
Board,
changed |
|
06/09/2011 |
Authorised
signatory, changed |
|
06/09/2011 |
Board,
changed |
|
06/09/2011 |
Company
representatives, changed |
|
16/08/2011 |
Board,
changed |
|
16/08/2011 |
Authorised
signatory, changed |
|
16/08/2011 |
Company
representatives, changed |
|
05/07/2011 |
Certificate,
deregistered |
|
29/06/2011 |
Annual
account, new |
|
24/06/2011 |
Annual
report (PDF), new |
|
03/01/2011 |
Certificate,
deregistered |
|
06/12/2010 |
Certificate,
registered |
|
12/11/2010 |
Board,
changed |
|
12/11/2010 |
Company
representatives, changed |
|
19/10/2010 |
Company
representatives, changed |
|
19/10/2010 |
Authorised
signatory, changed |
|
19/10/2010 |
Board,
changed |
|
02/06/2010 |
Annual
account, new |
|
21/05/2010 |
Annual
report (PDF), new |
|
11/05/2010 |
Company
representatives, changed |
|
11/05/2010 |
Authorised
signatory, changed |
|
11/05/2010 |
Board,
changed |
|
26/01/2010 |
Company
representatives, changed |
|
26/01/2010 |
Board,
changed |
|
26/01/2010 |
Authorised
signatory, changed |
|
11/09/2009 |
Authorised
signatory, changed |
|
11/09/2009 |
Company
representatives, changed |
|
11/09/2009 |
Board,
changed |
|
01/09/2009 |
Annual
account, new |
|
13/08/2009 |
Annual
report (PDF), new |
|
19/01/2009 |
Board,
changed |
|
19/01/2009 |
Company
representatives, changed |
|
19/01/2009 |
Authorised
signatory, changed |
|
29/09/2008 |
Board,
changed |
|
24/09/2008 |
Board,
changed |
|
24/09/2008 |
Authorised
signatory, changed |
|
24/09/2008 |
Company
representatives, changed |
|
04/09/2008 |
Annual
account, new |
|
13/08/2008 |
Annual
report (PDF), new |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.71 |
|
UK Pound |
1 |
Rs.82.79 |
|
Euro |
1 |
Rs.71.43 |
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.