|
Report Date : |
18.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
CA' D'ORO S.P.A. |
|
|
|
|
Registered Office : |
Via Enrico Fermi, SNC Sega 33058 - San Giorgio di Nogaro (UD) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
19.11.2007 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees |
From 51 to 70 |
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 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
ITALY ECONOMIC OVERVIEW
Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is higher. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 133% of GDP in 2013, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2013 economic growth and labor market conditions deteriorated, with growth at -1.8% and unemployment rising to 12.4%, with youth unemployment around 40%. Italy's GDP is now 8% below its 2007 pre-crisis level
|
Source
: CIA |
CA' D'ORO S.P.A.
Via Enrico Fermi, SNC Sega 33058 - San Giorgio di Nogaro (UD)
|
Fiscal Code |
: |
03291610230 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
19/11/2007 |
|
Equity |
: |
2.500.000 |
|
Turnover Range |
: |
20.000.000/25.000.000 |
|
Number of Employees |
: |
from 51 to 70 |
Cutting, shaping and finishing of stone
Cutting and carving of stone and marble
Legal Form : Joint stock company
|
Fiscal Code : 03291610230 |
|
Chamber of Commerce no. : 123829 of Massa |
|
Chamber of Commerce no. : 265885 of Udine since 23/11/2007 |
|
Chamber of Commerce no. : 324369 of Verona |
|
Chamber of Commerce no. : 369391 of Verona |
|
V.A.T. Code : 03291610230 |
|
Establishment date |
: 30/01/2003 |
|
|
Start of Activities |
: 19/11/2007 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 1.000.000 |
|
|
Subscribed Capital |
: 1.000.000 |
|
|
Paid up Capital |
: 1.000.000 |
|
Andreola |
Pietro |
|
Born in Castelfranco Veneto |
(TV) |
on 16/05/1965 |
- Fiscal Code : NDRPTR65E16C111V |
|
Residence: |
Gorizia |
, 10/A |
- 31015 |
Conegliano |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole Director |
14/12/2012 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Bernardi |
Renato |
|
Born in Cividale del Friuli |
(UD) |
on 17/11/1955 |
- Fiscal Code : BRNRNT55S17C758C |
|
Residence: |
Dei Patriarchi |
, 35 |
- 33030 |
Campoformido |
(UD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Auditor |
30/04/2013 |
|
Dalla Torre |
Enrico |
|
Born in Udine |
(UD) |
on 02/03/1960 |
- Fiscal Code : DLLNRC60C02L483B |
|
Residence: |
Cividale |
, 45 |
- 33047 |
Remanzacco |
(UD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Auditor |
30/04/2013 |
|
Fraccaro |
Luigino |
|
Born in Castelfranco Veneto |
(TV) |
on 07/08/1941 |
- Fiscal Code : FRCLGN41M07C111S |
|
Residence: |
Valsugana |
, 14 |
- 31033 |
Castelfranco Veneto |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Auditor |
30/04/2013 |
|
Bittolo Bon |
Paolo |
|
Born in Portogruaro |
(VE) |
on 14/05/1975 |
- Fiscal Code : BTTPLA75E14G914A |
|
Residence: |
Baldasseria Media |
, 53 |
- 33100 |
Udine |
(UD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Auditor |
30/04/2013 |
|
Barcaro |
Lorena |
|
Born in Padova |
(PD) |
on 11/10/1979 |
- Fiscal Code : BRCLRN79R51G224L |
|
Residence: |
P Di Brazza |
, 7/B |
- 33100 |
Udine |
(UD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Auditor |
30/04/2013 |
Companies connected to members *
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have holded positions.
|
Andreola |
Pietro |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Ca' D'oro S.p.a. |
San Giorgio di Nogaro (UD) - IT - |
01645210301 |
Director |
Withdrawn |
Merged |
|
Ca' D'oro S.p.a. |
San Giorgio di Nogaro (UD) - IT - |
01645210301 |
Sole Director |
Withdrawn |
Merged |
|
Ca' D'oro S.p.a. |
San Giorgio di Nogaro (UD) - IT - |
01645210301 |
Board Chairman |
Withdrawn |
Merged |
|
Andreola Costruzioni Generali S.p.a. |
Loria (TV) - IT - |
00231160268 |
Director |
Withdrawn |
Registered |
|
Andreola Costruzioni Generali S.p.a. |
Loria (TV) - IT - |
00231160268 |
Managing Director |
Withdrawn |
Registered |
|
Immobiliare Borgo Cavour S.r.l. |
Treviso (TV) - IT - |
00177900263 |
Director |
Withdrawn |
Registered |
|
B.e.i. s.r.l. |
Treviso (TV) - IT - |
03955240266 |
Managing Director |
Withdrawn |
Registered |
|
B.e.i. s.r.l. |
Treviso (TV) - IT - |
03955240266 |
Director |
Withdrawn |
Registered |
|
B.e.i. s.r.l. |
Treviso (TV) - IT - |
03955240266 |
Assistant board Chairman |
Withdrawn |
Registered |
|
Breholding S.r.l. |
San Giorgio di Nogaro (UD) - IT - |
02576150300 |
Sole Director |
Active |
Registered |
The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we advise to request further investigations.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Andreola Pietro |
Conegliano - IT - |
NDRPTR65E16C111V |
810.000 .Eur |
81,00 |
|
Breholding S.r.l. |
02576150300 |
190.000 .Eur |
19,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
All Stones Group Trading Company S.r.l. |
Rivoli Veronese - IT - |
03809320231 |
3.500 .Eur |
35,00 |
Active |
||
|
Ca' D'oro S.p.a. |
San Giorgio di Nogaro - IT - |
01645210301 |
100,00 |
Active |
In order to carry out its activities the firm uses the following locations:
|
- |
Legal and operative seat |
|
Enrico Fermi |
, SNC |
- 33058 |
- San Giorgio di Nogaro |
(UD) |
- IT - |
|
- |
Branch |
(office) |
since 01/07/2008 |
|
Antica Massa |
, 38 |
- 54033 |
- Carrara |
(MS) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/07/2008 |
|
Dell'industria |
, 3 |
- 37010 |
- Cavaion Veronese |
(VR) |
- IT - |
|
Employees |
: 53 |
|
Fittings and Equipment for a value of 920.000 |
Eur |
|
Stocks for a value of 11.710.000 |
Eur |
EX-MEMBERS / EX-POSITIONS:
|
Andreola |
Pietro |
|
Born in Castelfranco Veneto |
(TV) |
on 16/05/1965 |
- Fiscal Code : NDRPTR65E16C111V |
|
Residence: |
Gorizia |
, 10/A |
- 31015 |
Conegliano |
(TV) |
- IT - |
|
Ex-Postions |
|
Director |
|
Board Chairman |
|
Andreola |
Franco |
|
Born in Fort William |
( ) |
on 19/02/1964 |
- Fiscal Code : NDRFNC64B19Z401D |
|
Residence: |
Papa Luciani |
, 23 |
- 31037 |
Loria |
(TV) |
- IT - |
|
Ex-Postions |
|
Director |
|
Vice-Chairman |
|
Assistant board Chairman |
|
Pavan |
Rita |
|
Born in Udine |
(UD) |
on 09/02/1970 |
- Fiscal Code : PVNRTI70B49L483E |
|
Residence: |
Monte Grappa |
, 115 |
- 33100 |
Udine |
(UD) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Pirelli Marti |
Franco |
|
Born in Trieste |
(TS) |
on 09/11/1053 |
- Fiscal Code : PRLFNC53S09L424B |
|
Residence: |
Unita' D'italia |
, 8 |
- 33010 |
Tavagnacco |
(UD) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Dalla Torre |
Enrico |
|
Born in Udine |
(UD) |
on 02/03/1960 |
- Fiscal Code : DLLNRC60C02L483B |
|
Residence: |
Trieste |
, 158 |
- 33100 |
Udine |
(UD) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Agarinis |
Mario |
|
Born in Udine |
(UD) |
on 14/09/1947 |
- Fiscal Code : GRNMRA47P14L483G |
|
Residence: |
Portogruaro |
, 6 |
- 33100 |
Udine |
(UD) |
- IT - |
|
Ex-Postions |
|
Director |
|
Pagnacco |
Moira |
|
Born in Udine |
(UD) |
on 22/03/1977 |
- Fiscal Code : PGNMRO77C62L483I |
|
Ex-Postions |
|
Temporary Auditor |
|
Project of merging by taking over of |
|
Ca' D'oro S.p.a. |
|
Aussa Corno, Via Enrico Fermi |
, 33058 |
, San Giorgio di Nogaro |
(UD) |
- IT - |
|
Fiscal Code: 01645210301 |
|
Date |
Merging/splitting-up project: |
07/03/2008 |
|
The firm absorbed by merging of |
|
Ca' D'oro S.p.a. |
|
Aussa Corno, Via Enrico Fermi |
, 33058 |
, San Giorgio di Nogaro |
(UD) |
- IT - |
|
Fiscal Code: 01645210301 |
|
Date |
: |
24/06/2008 |
|
The subj. took over by rent the activities of |
|
Pernisa Graniti S.r.l. |
|
Pernisa |
, 37020 |
, Grezzana |
(VR) |
- IT - |
|
Fiscal Code: 01336230238 |
|
Date |
: |
18/12/2008 |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official Publications.
Subject is active since 2007
The eonomic-financial analysis is based on the latest 3 b/s.
Under an economic point of view, profits were registered during the last years with a r.o.e. of 5,21% in 2012
The operating result in 2012 was positive (7,46%) and reflects the field's average.
The amount of the operating result for the year 2012 is of Eur. 1.685.488 on stable levels if compared to the previous year.
The gross operating margin of the latest financial year is of Eur. 1.949.642 stable if compared to the financial year 2011.
The financial position is not well balanced as the volume of debts is fairly remarkable if compared to shareholder's equity, in fact total debts are 7,82 which is decreasing.
Subject can manage an equity capital funds for an amount of Eur. 2.095.645 on the same levels as the year before.
In the year 2012 total debts amounted to Eur. 20.092.043 showing a stable trend as opposed to 2011 (Eur. 22.156.099).
Remarkable financial indebtedness specially if compared to equity capital, the exposure to suppliers is moderate (74,69 gg. is the average payment period) below field's average.
The management determines a good range of liquidity.
Trade credits are collected slowly, average term is 100,64 days. anyway lower as opposed to the average of the sector.
The financial management generated a cash flow of Eur. 373.173.
In the last financial year labour cost was of Eur. 2.428.629, with a 10,91% incidence on total costs of production. and a 9,93% incidence on sales volumes.
The incidence percentage of financial charges on sales volume is equal to -4,69%.
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
24.446.821 |
|
Profit (Loss) for the period |
109.109 |
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
26.424.742 |
|
Profit (Loss) for the period |
104.636 |
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
24.898.366 |
|
Profit (Loss) for the period |
109.070 |
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
24.969.526 |
|
Profit (Loss) for the period |
208.181 |
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
13.670.110 |
|
Profit (Loss) for the period |
1.215.159 |
From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
RATIOS |
Value Type |
as at 31/12/2012 |
as at 31/12/2011 |
as at 31/12/2010 |
Sector Average |
|
COMPOSITION ON INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,16 |
0,16 |
0,16 |
0,29 |
|
Elasticity Ratio |
Units |
0,83 |
0,84 |
0,83 |
0,69 |
|
Availability of stock |
Units |
0,52 |
0,51 |
0,49 |
0,23 |
|
Total Liquidity Ratio |
Units |
0,31 |
0,33 |
0,34 |
0,41 |
|
Quick Ratio |
Units |
0,00 |
0,01 |
0,01 |
0,01 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
7,82 |
8,40 |
8,28 |
1,78 |
|
Self Financing Ratio |
Units |
0,09 |
0,09 |
0,09 |
0,27 |
|
Capital protection Ratio |
Units |
0,47 |
0,48 |
0,53 |
0,69 |
|
Liabilities consolidation quotient |
Units |
0,24 |
0,23 |
0,16 |
0,23 |
|
Financing |
Units |
9,59 |
10,36 |
9,58 |
2,41 |
|
Permanent Indebtedness Ratio |
Units |
0,26 |
0,26 |
0,22 |
0,46 |
|
M/L term Debts Ratio |
Units |
0,17 |
0,17 |
0,13 |
0,13 |
|
Net Financial Indebtedness Ratio |
Units |
7,45 |
7,91 |
6,56 |
0,98 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,64 |
1,67 |
1,38 |
1,51 |
|
Current ratio |
Units |
1,14 |
1,14 |
1,08 |
1,20 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,43 |
0,45 |
0,44 |
0,75 |
|
Structure's primary quotient |
Units |
0,57 |
0,56 |
0,59 |
0,83 |
|
Treasury's primary quotient |
Units |
0,00 |
0,01 |
0,01 |
0,02 |
|
Rate of indebtedness ( Leverage ) |
% |
1078,45 |
1155,21 |
1075,35 |
366,48 |
|
Current Capital ( net ) |
Value |
2.360.179 |
2.516.310 |
1.490.918 |
233.017 |
|
RETURN |
|||||
|
Return on Sales |
% |
1,53 |
1,40 |
1,50 |
3,37 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
5,21 |
4,89 |
4,63 |
3,34 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
25,73 |
25,22 |
17,90 |
11,22 |
|
Return on Investment ( R.O.I. ) |
% |
7,46 |
5,86 |
4,24 |
4,00 |
|
Return/ Sales |
% |
6,89 |
5,47 |
4,31 |
4,88 |
|
Extra Management revenues/charges incid. |
% |
6,47 |
7,23 |
10,16 |
19,82 |
|
Cash Flow |
Value |
373.173 |
370.826 |
372.937 |
65.183 |
|
Operating Profit |
Value |
1.685.488 |
1.446.582 |
1.073.420 |
108.595 |
|
Gross Operating Margin |
Value |
1.949.642 |
1.714.453 |
1.338.837 |
167.146 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
100,64 |
103,30 |
115,15 |
131,41 |
|
Debts to suppliers average term |
Days |
74,69 |
71,95 |
96,51 |
111,40 |
|
Average stock waiting period |
Days |
172,47 |
170,67 |
180,63 |
96,30 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,08 |
1,07 |
0,98 |
0,84 |
|
Rate of stock return |
Units |
2,09 |
2,11 |
1,99 |
3,72 |
|
Labour cost incidence |
% |
9,93 |
9,15 |
8,84 |
14,94 |
|
Net financial revenues/ charges incidence |
% |
-4,69 |
-3,43 |
-2,62 |
-2,29 |
|
Labour cost on purchasing expenses |
% |
10,91 |
9,58 |
8,37 |
14,35 |
|
Short-term financing charges |
% |
5,75 |
4,10 |
2,92 |
3,61 |
|
Capital on hand |
% |
92,45 |
93,46 |
101,64 |
118,11 |
|
Sales pro employee |
Value |
325.957 |
352.329 |
366.152 |
209.056 |
|
Labour cost pro employee |
Value |
32.381 |
32.245 |
32.357 |
33.287 |
1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.
2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.
3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.
|
Population living in the province |
: |
528.246 |
|
Population living in the region |
: |
1.204.718 |
|
Number of families in the region |
: |
516.349 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
377 |
|
- per non food products |
: |
1.727 |
|
- per energy consume |
: |
114 |
The values are calculated on a base of 588 significant companies.
The companies cash their credits on an average of 131 dd.
The average duration of suppliers debts is about 111 dd.
The sector's profitability is on an average of 3,37%.
The labour cost affects the turnover in the measure of 14,94%.
Goods are held in stock in a range of 96 dd.
The difference between the sales volume and the resources used to realize it is about 0,84.
The employees costs represent the 14,35% of the production costs.
Statistcally the trade activity shows periods of crisis.
The area is statistically considered lowly risky.
In the region 3.901 protested subjects are found; in the province they count to 1.638.
The insolvency index for the region is 0,33, , while for the province it is 0,31.
Total Bankrupt companies in the province : 2.215.
Total Bankrupt companies in the region : 5.085.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.38 |
|
|
1 |
Rs.101.63 |
|
Euro |
1 |
Rs.83.57 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUM |
|
|
|
|
Report Prepared
by : |
NIS |
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.