|
Report Date : |
08.11.2013 |
IDENTIFICATION DETAILS
|
Name : |
MUT TUBES, S.R.O. |
|
|
|
|
Registered Office : |
Hybernská 1271/32 110 00 Praha 1 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
30.09.2013 |
|
|
|
|
Date of Incorporation : |
06.01.2006 |
|
|
|
|
Com. Reg. No.: |
C-111820 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesale of steel tubes, hole profiles as well as of all range of
tube accessories. |
|
|
|
|
No. of Employees : |
22 Employees |
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 : |
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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Czech Republic |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CZECH REPUBLIC - ECONOMIC
OVERVIEW
The Czech Republic is a
stable and prosperous market economy closely integrated with the EU, especially
since the country's EU accession in 2004. While the conservative, inward-looking
Czech financial system has remained relatively healthy, the small, open,
export-driven Czech economy remains sensitive to changes in the economic
performance of its main export markets, especially Germany. When Western Europe
and Germany fell into recession in late 2008, demand for Czech goods plunged,
leading to double digit drops in industrial production and exports. As a
result, real GDP fell 4.7% in 2009, with most of the decline occurring during
the first quarter. Real GDP, however, slowly recovered with positive
quarter-on-quarter growth starting in the second half of 2009 and continuing
throughout 2011. In 2012, however, the economy fell into a recession due to a
slump in external demand. The auto industry remains the largest single industry,
and, together with its upstream suppliers, accounts for nearly 24% of Czech
manufacturing. The Czech Republic produced more than a million cars for the
first time in 2010, over 80% of which were exported. Foreign and domestic
businesses alike voice concerns about corruption especially in public
procurement. Other long term challenges include dealing with a rapidly aging
population, funding an unsustainable pension and health care system, and
diversifying away from manufacturing and toward a more high-tech,
services-based, knowledge economy.
Source
: CIA
MUT
Tubes, s.r.o.
Hybernská 1271/32
110 00 Praha 1
telephone: 00420/ 246 008 611
telefax: 00420/ 246 008 640
e-mail: info@mutt.cz
Web: www.mutt.cz
|
Company
development |
Stagnant
business development |
|
Order situation |
Satisfactory
order situation |
|
Terms of payment |
no complaints |
||
|
Business
connection |
Business connections
appear permissible |
|
|
|
Legal form |
Private limited company |
|
|
Foundation |
06/01/2006 - Private limited company |
|
Comp. Register |
06/01/2006, Městský soud v
Praze, RegNr.: C 111820 |
|
Events, negative
information |
11.12.2008 - lien on the ownership
interest of shareholders |
|
Share Capital |
06/01/2006 |
CZK |
3 000 000,- |
|
|
|
20/06/2008 |
CZK |
25 000 000,- |
|
|
|
28/06/2011 |
CZK |
50 000 000,- |
|
|
Shareholders |
Buhlmann
International GmbH |
CZK |
27 500 000,- |
|
|
|
Ing. Jan Beránek (07.09.1970) |
CZK |
10 000 000,- |
|
|
|
Ing. Lubomír
Zahrádka (25.09.1978) |
CZK |
5 000 000,- |
|
|
|
Mgr. Martin
Švéda (08.07.1974) |
CZK |
3 750 000,- |
|
|
|
Roman Valta (12.02.1974) |
CZK |
3 750 000,- |
|
|
Management |
Bernhard
Buhlmann (12.12.1949) |
|
|
Ing. Jan Beránek (07.09.1970) |
|
|
Karl Buhlmann (22.05.1951) |
|
|
Roman Valta (12.02.1974) |
|
General Data |
Wholesale of steel tubes, hole profiles as
well as of all range of tube accessories. |
|
|
Main activity: |
|
|
|
Trade name(s) |
|
|
Export: |
30% |
|
|
Import: |
|
|
|
General
contacts: |
|
|
Address: |
|
|
business
locations: |
|
|
Branches of the
business: |
|
Staff |
2007 |
15 employees |
|
|
2008 |
20 employees |
|
|
2011 |
20 employees |
|
|
2012 |
25 employees |
|
|
2013 |
22 employees |
|
Annual Sales |
2006 |
actual sales |
CZK |
169 145 000,- |
|
|
|
2007 |
actual sales |
CZK |
268 388 000,- |
|
|
|
2008 |
actual sales |
CZK |
355 252 000,- |
|
|
|
2009 |
actual sales |
CZK |
356 987 000,- |
|
|
|
2010 |
actual sales |
CZK |
537 061 000,- |
|
|
|
2011 |
actual sales |
CZK |
451 352 000,- |
|
|
|
2012 |
actual sales |
CZK |
492 710 000,- |
|
|
|
Sales by 30.9.2013: CZK 306 924 454,- |
|
Property |
Property of the company: Business
premises |
|
Balance sheets |
The enclosed balance of 2013 company's own
data, -. (30.09.2013 - 1 CZK) |
|
|
The enclosed profit/loss account of 2013
company's own data, -. (30.09.2013 - 1 CZK) |
|
|
The enclosed balance of 2012 company's own
data, it is authenticated by the auditor. (31.12.2012 - 1 CZK) |
|
|
The enclosed profit/loss account of 2012
company's own data, it is authenticated by the auditor. (31.12.2012 - 1 CZK) |
|
Remarks |
The company is a
holder of ISO 9001 certificate. |
|
|
Subsidiary
company: |
|
Bankers |
Česká spořitelna, a. s. |
(0800) |
|
|
|
31.12.2010 (CZK) |
31.12.2011 (CZK) |
31.12.2012 (CZK) |
30.09.2013 (CZK) |
|
r1 |
TOTAL
ASSETS |
335 420 000 |
329 386 000 |
322 894 000 |
336 458 046 |
|
r2 |
Receivables for subscriptions |
0 |
0 |
0 |
5 000 000 |
|
r3 |
Fixed
assets |
151 495 000 |
151 424 000 |
186 168 000 |
184 934 959 |
|
r4 |
Intangible
fixed assets |
99 000 |
201 000 |
450 000 |
352 196 |
|
r5 |
Incorporation expenses |
0 |
|
|
|
|
r6 |
Research and development |
0 |
|
|
|
|
r7 |
Software |
99 000 |
201 000 |
450 000 |
171 596 |
|
r8 |
Valuable rights |
0 |
|
|
|
|
r9 |
Goodwill |
0 |
|
|
|
|
r10 |
Other intangible fixed assets |
0 |
|
|
|
|
r11 |
Intangible fixed assets under construction |
0 |
|
|
180 600 |
|
r12 |
Advance payments for intangible fixed assets |
0 |
|
|
|
|
r13 |
Tangible
fixed assets |
148 396 000 |
148 223 000 |
182 718 000 |
181 582 763 |
|
r14 |
Lands |
45 101 000 |
45 101 000 |
45 101 000 |
45 101 050 |
|
r15 |
Constructions |
78 063 000 |
84 749 000 |
81 432 000 |
78 944 023 |
|
r16 |
Equipment |
16 829 000 |
18 148 000 |
14 051 000 |
12 104 584 |
|
r17 |
Perennial corps |
0 |
|
|
|
|
r18 |
Breeding and draught animals |
0 |
|
|
|
|
r19 |
Other tangible fixed assets |
0 |
|
|
|
|
r20 |
Tangible fixed assets under construction |
8 403 000 |
225 000 |
42 134 000 |
45 433 106 |
|
r21 |
Advance payments for tangible fixed assets |
0 |
|
|
|
|
r22 |
Adjustment to acquired assets |
0 |
|
|
|
|
r23 |
Long-term
financial assets |
3 000 000 |
3 000 000 |
3 000 000 |
3 000 000 |
|
r24 |
Shares in controlled and managed
organizations |
3 000 000 |
3 000 000 |
3 000 000 |
3 000 000 |
|
r25 |
Shares in accounting units with
substantial influence |
0 |
|
|
|
|
r26 |
Other securities and shares |
0 |
|
|
|
|
r27 |
Loans to controlled and managed
organizations and to accounting unit with substantial influence |
0 |
|
|
|
|
r28 |
Other financial investments |
0 |
|
|
|
|
r29 |
Financial investments acquired |
0 |
|
|
|
|
r30 |
Advance payments for long-term financial
assets |
0 |
|
|
|
|
r31 |
Current
assets |
180 800 000 |
176 579 000 |
135 699 000 |
144 817 320 |
|
r32 |
Inventory |
14 025 000 |
27 319 000 |
26 084 000 |
30 980 645 |
|
r33 |
Materials |
30 000 |
30 000 |
30 000 |
30 293 |
|
r34 |
Work in progress and semi-products |
0 |
|
|
|
|
r35 |
Finished products |
0 |
|
|
|
|
r36 |
Animals |
0 |
|
|
|
|
r37 |
Merchandise |
13 995 000 |
27 289 000 |
25 261 000 |
30 950 352 |
|
r38 |
Advance payments for inventory |
0 |
|
793 000 |
|
|
r39 |
Long-term
receivables |
2 245 000 |
1 840 000 |
1 673 000 |
1 785 924 |
|
r40 |
Trade receivables |
0 |
|
|
63 702 |
|
r41 |
Receivables from controlled and managed
organizations |
0 |
|
|
|
|
r42 |
Receivables from accounting units with
substantial influence |
0 |
|
|
|
|
r43 |
Receivables from partners, cooperative
members and association members |
2 181 000 |
1 776 000 |
1 609 000 |
1 722 222 |
|
r44 |
Long-term deposits given |
64 000 |
64 000 |
64 000 |
|
|
r45 |
Estimated receivable |
0 |
|
|
|
|
r46 |
Other receivables |
0 |
|
|
|
|
r47 |
Deferred tax receivable |
0 |
|
|
|
|
r48 |
Short-term
receivables |
156 587 000 |
134 799 000 |
105 400 000 |
103 900 625 |
|
r49 |
Trade receivables |
153 686 000 |
127 969 000 |
95 452 000 |
92 736 683 |
|
r50 |
Receivables from controlled and managed
organizations |
0 |
|
3 700 000 |
|
|
r51 |
Receivables from accounting units with
substantial influence |
0 |
|
|
|
|
r52 |
Receivables from partners, cooperative
members and association members |
0 |
238 000 |
238 000 |
|
|
r53 |
Receivables from social security and
health insurance |
0 |
|
|
|
|
r54 |
Due from state - tax receivable |
0 |
711 000 |
754 000 |
1 236 315 |
|
r55 |
Short-term deposits given |
1 995 000 |
1 266 000 |
299 000 |
570 800 |
|
r56 |
Estimated receivable |
887 000 |
|
4 158 000 |
4 884 027 |
|
r57 |
Other receivables |
19 000 |
4 615 000 |
799 000 |
4 472 800 |
|
r58 |
Short-term
financial assets |
7 943 000 |
12 621 000 |
2 542 000 |
8 150 125 |
|
r59 |
Cash |
74 000 |
83 000 |
77 000 |
144 397 |
|
r60 |
Bank accounts |
7 869 000 |
12 538 000 |
2 465 000 |
8 005 728 |
|
r61 |
Short-term securities and ownership
interests |
0 |
|
|
|
|
r62 |
Short-term financial assets acquired |
0 |
|
|
|
|
r63 |
Accruals |
3 125 000 |
1 383 000 |
1 027 000 |
1 705 768 |
|
r64 |
Deferred expenses |
3 119 000 |
1 277 000 |
964 000 |
1 705 768 |
|
r65 |
Complex deferred costs |
0 |
|
|
|
|
r66 |
Deferred income |
6 000 |
106 000 |
63 000 |
|
|
r67 |
TOTAL
LIABILITIES |
335 420 000 |
329 386 000 |
322 894 000 |
336 458 046 |
|
r68 |
Equity |
60 162 000 |
60 796 000 |
56 047 000 |
68 871 751 |
|
r69 |
Registered
capital |
25 000 000 |
50 000 000 |
50 000 000 |
55 000 000 |
|
r70 |
Registered capital |
25 000 000 |
50 000 000 |
50 000 000 |
50 000 000 |
|
r71 |
Company’s own shares and ownership
interests (-) |
0 |
|
|
|
|
r72 |
Changes of registered capital ( +/- ) |
0 |
|
|
5 000 000 |
|
r73 |
Capital
funds |
0 |
0 |
0 |
0 |
|
r74 |
Share premium |
0 |
|
|
|
|
r75 |
Other capital funds |
0 |
|
|
|
|
r76 |
Differences from revaluation of assets and
liabilities ( +/- ) |
0 |
|
|
|
|
r77 |
Differences from revaluation in
transformation ( +/- ) |
0 |
|
|
|
|
r78 |
Reserve
funds, statutory reserve account for cooperatives, and other retained
earnings |
2 445 000 |
2 500 000 |
2 535 000 |
2 535 000 |
|
r79 |
Legal reserve fund / indivisible fund |
2 445 000 |
2 500 000 |
2 535 000 |
2 535 000 |
|
r80 |
Statutory and other funds |
0 |
|
|
|
|
r81 |
Profit
/ loss - previous years |
28 245 000 |
7 661 000 |
8 261 000 |
3 513 177 |
|
r82 |
Retained earnings from previous years |
28 245 000 |
7 661 000 |
8 261 000 |
|
|
r83 |
Accumulated losses from previous years |
0 |
|
|
|
|
r84 |
Profit
/ loss - current year (+/-) |
4 472 000 |
635 000 |
-4 749 000 |
7 823 574 |
|
r85 |
Liabilities |
274 906 000 |
267 922 000 |
266 489 000 |
267 464 105 |
|
r86 |
Reserves |
5 460 000 |
2 720 000 |
728 000 |
3 247 023 |
|
r87 |
Reserves under special statutory
regulations |
0 |
|
|
|
|
r88 |
Reserves for pension and similar payables |
0 |
|
|
|
|
r89 |
Income tax reserves |
2 793 000 |
|
|
|
|
r90 |
Other reserves |
2 667 000 |
2 720 000 |
728 000 |
3 247 023 |
|
r91 |
Long-term
payables |
448 000 |
559 000 |
545 000 |
545 018 |
|
r92 |
Trade payables |
0 |
|
|
|
|
r93 |
Payables to controlled and managed
organizations |
0 |
|
|
|
|
r94 |
Payables to accounting units with
substantial influence |
0 |
|
|
|
|
r95 |
Payables from partners, cooperative
members and association members |
0 |
|
|
|
|
r96 |
Long-term advances received |
0 |
|
|
|
|
r97 |
Issues bonds |
0 |
|
|
|
|
r98 |
Long-term notes payables |
0 |
|
|
|
|
r99 |
Estimated payables |
0 |
|
|
|
|
r100 |
Other payables |
0 |
|
|
|
|
r101 |
Deferred tax liability |
448 000 |
559 000 |
545 000 |
545 018 |
|
r102 |
Short-term
payables |
108 574 000 |
77 297 000 |
91 298 000 |
87 038 027 |
|
r103 |
Trade payables |
99 057 000 |
72 325 000 |
87 108 000 |
80 773 654 |
|
r104 |
Payables to controlled and managed
organizations |
0 |
|
|
|
|
r105 |
Payables to accounting units with
substantial influence |
0 |
|
|
|
|
r106 |
Payables from partners, cooperative
members and association members |
0 |
|
|
|
|
r107 |
Payroll |
671 000 |
864 000 |
807 000 |
828 117 |
|
r108 |
Payables to social securities and health
insurance |
310 000 |
416 000 |
332 000 |
423 438 |
|
r109 |
Due from state - tax liabilities and
subsidies |
7 265 000 |
3 252 000 |
2 843 000 |
3 998 344 |
|
r110 |
Short-term deposits received |
213 000 |
|
|
810 215 |
|
r111 |
Issues bonds |
0 |
|
|
|
|
r112 |
Estimated payables |
1 058 000 |
440 000 |
200 000 |
200 579 |
|
r113 |
Other payables |
0 |
|
8 000 |
3 679 |
|
r114 |
Bank
loans and financial accommodations |
160 424 000 |
187 346 000 |
173 918 000 |
176 634 038 |
|
r115 |
Long-term bank loans |
95 653 000 |
114 619 000 |
93 994 000 |
101 995 967 |
|
r116 |
Short-term bank loans |
64 771 000 |
72 727 000 |
79 924 000 |
74 638 071 |
|
r117 |
Short-term accommodations |
0 |
0 |
0 |
0 |
|
r118 |
Accruals |
352 000 |
668 000 |
358 000 |
122 191 |
|
r119 |
Accrued expenses |
352 000 |
668 000 |
358 000 |
122 191 |
|
r120 |
Deferred revenues |
0 |
|
|
|
|
|
Profit/Loss
Account |
31.12.2010 (CZK) |
31.12.2011 (CZK) |
31.12.2012 (CZK) |
30.09.2013 (CZK) |
|
a1 |
Turnover |
537 061 000 |
451 352 000 |
492 710 000 |
306 924 454 |
|
a2 |
Revenues from sold goods |
533 477 000 |
442 488 000 |
483 603 000 |
300 986 586 |
|
a3 |
Expenses on sold goods |
470 421 000 |
376 107 000 |
419 459 000 |
256 609 815 |
|
a4 |
Sale margin |
63 056 000 |
66 381 000 |
64 144 000 |
44 376 772 |
|
a5 |
Production |
3 584 000 |
8 864 000 |
9 107 000 |
5 937 868 |
|
a6 |
Revenues from own products and services |
3 584 000 |
8 864 000 |
9 107 000 |
5 937 868 |
|
a7 |
Change in inventory of own products |
0 |
|
|
|
|
a8 |
Capitalization |
0 |
|
|
|
|
a9 |
Production
consumption |
31 258 000 |
30 889 000 |
29 557 000 |
19 031 430 |
|
a10 |
Consumption of material and energy |
7 518 000 |
6 654 000 |
5 003 000 |
3 958 135 |
|
a11 |
Services |
23 740 000 |
24 235 000 |
24 554 000 |
15 073 296 |
|
a12 |
Added value |
35 382 000 |
44 356 000 |
43 694 000 |
31 283 209 |
|
a13 |
Personnel
expenses |
14 394 000 |
16 934 000 |
18 715 000 |
13 559 833 |
|
a14 |
Wages and salaries |
10 888 000 |
12 839 000 |
14 357 000 |
10 236 517 |
|
a15 |
Renumeration of board members |
0 |
|
|
|
|
a16 |
Social security expenses and health
insurance |
3 506 000 |
4 095 000 |
4 356 000 |
3 323 316 |
|
a17 |
Other social expenses |
0 |
|
2 000 |
|
|
a18 |
Taxes and fees |
266 000 |
616 000 |
685 000 |
609 044 |
|
a19 |
Depreciations of intangible and tangible
assets |
3 152 000 |
7 531 000 |
7 965 000 |
4 713 409 |
|
a20 |
Revenues from
disposals of fixed assets and materials |
98 000 |
28 000 |
200 000 |
95 000 |
|
a21 |
Revenues from disposals of fixed assets |
98 000 |
28 000 |
200 000 |
|
|
a22 |
Revenues from disposals of materials |
0 |
|
|
95 000 |
|
a23 |
Net book value
of disposed fixed assets and materials |
168 000 |
14 000 |
0 |
0 |
|
a24 |
Net book value of sold fixed assets |
168 000 |
14 000 |
|
|
|
a25 |
Net book value of sold material |
0 |
|
|
|
|
a26 |
Change in operating reserves and
adjustments and complex deferred costs ( + / - ) |
7 895 000 |
10 114 000 |
17 811 000 |
-766 547 |
|
a27 |
Other operating revenues |
2 339 000 |
4 060 000 |
8 396 000 |
2 078 157 |
|
a28 |
Other operating expenses |
2 508 000 |
5 298 000 |
5 727 000 |
3 133 114 |
|
a29 |
Transfer of operating revenues |
0 |
|
|
|
|
a30 |
Transfer of operating expenses |
0 |
|
|
|
|
a31 |
Operating profit
/ loss |
9 437 000 |
7 937 000 |
1 387 000 |
12 207 514 |
|
a32 |
Revenues from sales of securities and
ownership interests |
0 |
|
|
|
|
a33 |
Sold securities and ownership interests |
0 |
|
|
|
|
a34 |
Revenues from
long-term financial assets |
0 |
3 700 000 |
|
|
|
a35 |
Revenues from shares in controlled and
managed organizations and in accounting units with substantial influence |
0 |
3 700 000 |
|
|
|
a36 |
Revenues from others securities and
ownership interests |
0 |
|
|
|
|
a37 |
Revenues from other long-term financial
assets |
0 |
|
|
|
|
a38 |
Revenues from short-term financial assets |
0 |
|
|
|
|
a39 |
Expenses associated with financial assets |
0 |
|
|
|
|
a40 |
Revenues from revaluation of securities and
derivatives |
0 |
|
|
|
|
a41 |
Cost of revaluation of securities and
derivatives |
0 |
|
|
|
|
a42 |
Change in financial reserves and
adjustments ( + / - ) |
0 |
|
|
|
|
a43 |
Interest revenues |
108 000 |
73 000 |
74 000 |
47 996 |
|
a44 |
Interest expenses |
5 374 000 |
6 747 000 |
7 099 000 |
3 902 176 |
|
a45 |
Other financial revenues |
12 630 000 |
6 896 000 |
11 450 000 |
1 998 322 |
|
a46 |
Other financial expenses |
8 973 000 |
10 982 000 |
9 379 000 |
2 545 262 |
|
a47 |
Transfer of financial revenues |
0 |
|
|
|
|
a48 |
Transfer of financial expenses |
0 |
|
|
|
|
a49 |
Profit / loss
from financial operations ( transactions ) |
-1 609 000 |
-7 060 000 |
-4 954 000 |
-4 401 120 |
|
a50 |
Income tax on ordinary
income |
3 356 000 |
121 000 |
1 182 000 |
-17 180 |
|
a51 |
Due tax |
3 205 000 |
10 000 |
1 196 000 |
-17 180 |
|
a52 |
Tax deferred |
151 000 |
111 000 |
-14 000 |
|
|
a53 |
Operating profit
/ loss ordinary activity |
4 472 000 |
756 000 |
-4 749 000 |
7 823 574 |
|
a54 |
Extraordinary revenues |
0 |
|
|
|
|
a55 |
Extraordinary expenses |
0 |
121 000 |
|
|
|
a56 |
Income tax on
extraordinary income |
0 |
|
|
|
|
a57 |
Due tax |
0 |
|
|
|
|
a58 |
Tax deferred |
0 |
|
|
|
|
a59 |
Operating profit
/ loss extraordinary activity |
0 |
-121 000 |
0 |
0 |
|
a60 |
Transfer profit ( loss ) to partners (+/-) |
0 |
|
|
|
|
a61 |
Profit / loss of
current accounting period (+/-) |
4 472 000 |
635 000 |
-4 749 000 |
7 823 574 |
|
a62 |
Profit / loss
before tax (+/-) |
|
|
|
|
|
Balance indices |
|
31.12.2010 |
31.12.2011 |
31.12.2012 |
30.09.2013 |
|
Return on total assets ROA (in %) |
a62/r1 * 100 |
2,33 |
0,23 |
-1,10 |
n/a |
|
Return on equity ROE (in %) |
a62/r68 * 100 |
13,01 |
1,24 |
-6,36 |
n/a |
|
Return on sales ROS (in %) |
a62/a1 * 100 |
1,46 |
0,17 |
-0,72 |
n/a |
|
Turnover of receivables (in days) |
r49/a1 * 365 |
104,45 |
103,49 |
70,71 |
110,28 |
|
Turnover of liabilities (in days) |
r103/a1 * 365 |
67,32 |
58,49 |
64,53 |
96,06 |
|
Turnover of inventories (days) |
r32/a1 * 365 |
9,53 |
22,09 |
19,32 |
36,84 |
|
Net working capital (in ths. CZK) |
r31 - r102 - r116 - r117 |
7 455,00 |
26 555,00 |
-35 523,00 |
-16 858 778,00 |
|
Ratio of accounts payable to accounts
receivable (in %) |
(r39+r48) / (r91+r102) * 100 |
145,69 |
175,50 |
116,58 |
120,67 |
|
Ratio of profit/loss to tangible assets
(in%) |
r3 / a1 * 100 |
28,21 |
33,55 |
37,78 |
60,25 |
|
Current ratio |
r31 / (r102+r116+r117) |
1,04 |
1,18 |
0,79 |
0,90 |
|
Quick ratio |
(r58+r48) / (r102+r116+r117) |
0,95 |
0,98 |
0,63 |
0,69 |
|
Cash ratio |
r58 / (r102+r116+r117) |
0,05 |
0,08 |
0,01 |
0,05 |
|
Debt ratio I (in %) |
(1-r68/r67) * 100 |
82,06 |
81,54 |
82,64 |
79,53 |
|
Debt ratio II (in %) |
r85/r67 * 100 |
81,96 |
81,34 |
82,53 |
79,49 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.57 |
|
|
1 |
Rs.100.63 |
|
Euro |
1 |
Rs.84.62 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIT |
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.