MIRA INFORM REPORT
|
Report Date : |
19.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
ROBA METALS B.V. |
|
|
|
|
Registered Office : |
Zomerdijk 27, 3402MJ IJsselstein |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
03.12.1984 |
|
|
|
|
Com. Reg. No.: |
30073109 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
·
Wholesale of metal ores ·
Wholesale of ferrous metals and ferrous
semi-finished products |
|
|
|
|
No. of Employees : |
111 |
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) |
|
Netherlands |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
NETHERLANDS - ECONOMIC OVERVIEW
The Dutch economy is the sixth-largest
economy in the euro-zone and is noted for its stable industrial relations,
moderate unemployment and inflation, a sizable trade surplus, and an important
role as a European transportation hub. Industrial activity is predominantly in
food processing, chemicals, petroleum refining, and electrical machinery. A
highly mechanized agricultural sector employs only 2% of the labor force but
provides large surpluses for the food-processing industry and for exports. The
Netherlands, along with 11 of its EU partners, began circulating the euro
currency on 1 January 2002. After 26 years of uninterrupted economic growth,
the Dutch economy - highly dependent on an international financial sector and
international trade - contracted by 3.5% in 2009 as a result of the global
financial crisis. The Dutch financial sector suffered, due in part to the high
exposure of some Dutch banks to U.S. mortgage-backed securities. In 2008, the
government nationalized two banks and injected billions of dollars of capital
into other financial institutions, to prevent further deterioration of a
crucial sector. The government also sought to boost the domestic economy by
accelerating infrastructure programs, offering corporate tax breaks for
employers to retain workers, and expanding export credit facilities. The
stimulus programs and bank bailouts, however, resulted in a government budget
deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7%
in 2008. The government of Prime Minister Mark RUTTE began implementing fiscal
consolidation measures in early 2011, mainly reductions in expenditures, which
resulted in an improved budget deficit in 2011. In 2012-13 tax revenues
dropped, GDP contracted, and the budget deficit deteriorated. Although jobless
claims continued to grow, the unemployment rate remained relatively low at 6.8
percent.
|
Source
: CIA |
Summary
Company name ROBA
METALS B.V.
Operative address Zomerdijk
27
3402MJ IJsselstein
Netherlands
Legal form Private Company
Registration number KvK-nummer:
30073109
VAT-number 007469184
|
Year |
2012 |
Mutation |
2011 |
Mutation |
2010 |
|
Fixed assets |
10.982.000 |
1,67 |
10.802.000 |
-0,72 |
10.880.000 |
|
Total receivables |
70.394.000 |
3,46 |
68.043.000 |
13,87 |
59.753.000 |
|
Total equity |
98.512.000 |
3,74 |
94.963.000 |
6,39 |
89.256.000 |
|
Short term liabilities |
90.162.000 |
3,20 |
87.363.000 |
7,13 |
81.548.000 |
|
Net result |
5.120.000 |
-20,46 |
6.437.000 |
-19,62 |
8.008.000 |
|
Working capital |
92.501.000 |
3,23 |
89.610.000 |
0,54 |
89.127.000 |
|
Quick ratio |
0,78 |
-2,50 |
0,80 |
8,11 |
0,74 |
Contact
information
Company name Roba
Metals B.V.
Trade names Roba
Metals B.V.
Operative address Zomerdijk
27
3402MJ IJsselstein
Netherlands
Correspondence address Postbus
36
3400AA Ijsselstein
Ut
Netherlands
Telephone number
0306860211
Fax number 0306888058
Email address info@robametals.com
Website www.robametals.com
Registration
Registration number KvK-nummer:
30073109
Branch number 000018935834
VAT-number 007469184
Status Active
Memorandum 1984-12-03
Establishment date 1984-12-03
Legal form Private
Company
Last proposed admendment 1999-09-02
Activities
SBI Recycling
of metal waste and scrap (behalve Demolition of ships, auto’s, witgoed,
computers e.d.) (383201)
Groothandel en Wholesale on a fee or
contract basis (niet in auto’s en motorfietsen) (46)
Wholesale of metal ores (46721)
Wholesale of ferrous metals and ferrous
semi-finished products (46722)
Exporter Yes
Importer Yes
Goal 1.
trade, including import and export in metals, fabricated metal products, ores,
waste materials and related articles and goods, both for its own account and
for the account of or with third parties, with all that this includes, related
or can be conducive, everything in the broadest sense of the Word 2. The
company is authorised to take part in or are otherwise interesting at other
companies
Relations
Shareholders Roba
Holding B.V.
Zomerdijk 27
3402MJ IJsselstein ut
Netherlands
Registration number: 300406520000
Percentage: 100.00%
Companies on same address Roba
Holding B.V.
Registration number: 300406520000
Stichting Roba Pensioenfonds
Registration number: 411783790000
Stichting Roba's Ondersteuningsfonds
Registration number: 411834300000
Personeelsstichting Roba Metals IJsselstein
Registration number: 302110560000
Bank
details
Accounts F.
van Lanschot Bankiers NV
Account number:
22.65.55.550
Management
Active management P.S.
Cohn (Paul Steven)
Netherlands
Competence: Fully authorized
Function: Manager
Starting date: 1993-10-06
Date of birth: 1962-07-06, Bussum, NL
Involved with the following companies
• Roba Holding B.V.
Zomerdijk 27
3402MJ IJsselstein ut
Netherlands
Registration number: 300406520000
Function: Manager
• RMD B.V.
Oosterhorn 24
9936HD Farmsum
Netherlands
Registration number: 011644680000
Function: Manager
F. van der Bij (Folkert)
Netherlands
Competence: Limited authorization
Function: Manager
Starting date: 1994-11-16
Date of birth: 1957-06-10, Woerden, NL
J. van den Berg (Joost)
Netherlands
Competence: Limited authorization
Function: Manager
Starting date: 1996-10-10
Date of birth: 1965-05-25, Lopik, NL
M.W. de Wolf (Maarten Willem)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 1989-11-28
Date of birth: 1955-05-14, Kamituga, NL
J.M. Kemp (Jacobus Marinus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2001-03-01
Date of birth: 1959-03-20, IJsselstein, NL
A.P. Spek (Adrianus Pieter)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1963-10-01, Dordrecht, NL
G.A.W.M. de Roij (Gérard Albert Willem
Marie)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1958-03-16, Valkenswaard, NL
F. Negulescu (Florin)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1961-07-08, Boekarest, RO
A.A.J. Gerritsen (Aloysius Adrianus
Johannes)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2007-01-01
Date of birth: 1971-05-30, Houten, NL
R.W.J. van Oostrum (Ronaldus Wilhelmus Johannes)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2008-01-01
Date of birth: 1963-06-01, Hilversum, NL
D. Borggreve (Dennis)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2008-01-01
Date of birth: 1969-10-07, IJsselstein, NL
I. Sapir - Cohn (Inês)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 1984-12-03
Date of birth: 1953-08-11, Sâo Paulo, BR
A.A. van den Ham (Alfred Antonie)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2007-07-01
Date of birth: 1971-10-29, Vianen, NL
J.G. Steehouwer (Jacobus Gijsbertus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2010-01-01
Date of birth: 1967-05-28, Vianen, NL
Employees
Total according to the Chamber of Commerce 111
Year 2014 2012 2011 2010
2009
Total 111 111 111 128
111
Payments
Score 7,7
Description Payments made
under regular condition
Key
figures
|
Year |
2012 |
2011 |
2010 |
2009 |
2008 |
|
Quick ratio |
0,78 |
0,80 |
0,74 |
1,16 |
0,68 |
|
Current ratio |
2,03 |
2,03 |
2,09 |
2,67 |
1,57 |
|
Working capital/ balance
total |
0,48 |
0,48 |
0,49 |
0,57 |
0,34 |
|
Equity / balance total |
0,51 |
0,51 |
0,49 |
0,59 |
0,35 |
|
Equity / Fixed assets |
8,97 |
8,79 |
8,20 |
6,72 |
5,90 |
|
Equity / liabilities |
1,04 |
1,02 |
1,03 |
1,43 |
0,56 |
|
Balance total /
liabilities |
2,04 |
2,02 |
2,10 |
2,43 |
1,60 |
|
Working capital |
92.501.000 |
89.610.000 |
89.127.000 |
74.443.000 |
68.276.000 |
|
Equity |
98.512.000 |
94.963.000 |
89.256.000 |
76.612.000 |
70.483.000 |
|
Mutation equity |
3,74 |
6,39 |
16,50 |
8,70 |
8,53 |
|
Mutation short term
liabilities |
3,20 |
7,13 |
83,11 |
-62,92 |
2,72 |
|
Return on total assets
(ROA) |
3,51 |
4,57 |
5,92 |
8,49 |
4,24 |
|
Return on equity (ROE) |
6,91 |
9,04 |
12,04 |
14,44 |
12,04 |
|
Gross profit margin |
1,71 |
1,92 |
2,90 |
3,54 |
2,17 |
|
Net profit margin |
1,17 |
1,22 |
2,04 |
2,48 |
1,10 |
|
Average collection ratio |
4,85 |
6,05 |
4,80 |
7,45 |
4,80 |
|
Average payment ratio |
6,21 |
7,77 |
6,56 |
7,96 |
7,00 |
|
Equity turnover ratio |
4,44 |
5,57 |
4,39 |
4,33 |
8,17 |
|
Total assets turnover
ratio |
2,26 |
2,82 |
2,16 |
2,55 |
2,88 |
|
Fixed assets turnover
ratio |
39,82 |
48,95 |
36,00 |
29,12 |
48,24 |
|
Inventory conversion ratio |
3,90 |
4,95 |
3,54 |
4,93 |
5,43 |
|
Turnover |
437.293.000 |
528.811.000 |
391.701.000 |
331.834.000 |
576.003.000 |
|
Gross margin |
28.603.000 |
31.336.000 |
|
29.552.000 |
|
|
Operating result |
7.496.000 |
10.152.000 |
11.373.000 |
11.741.000 |
12.490.000 |
|
Net result after taxes |
5.120.000 |
6.437.000 |
8.008.000 |
8.242.000 |
6.322.000 |
|
Cashflow |
6.952.000 |
8.214.000 |
9.525.000 |
9.716.000 |
7.539.000 |
|
Gross profit |
|
|
391.701.000 |
|
576.003.000 |
|
EBIT |
7.496.000 |
10.152.000 |
11.373.000 |
11.741.000 |
12.490.000 |
|
EBITDA |
9.328.000 |
11.929.000 |
12.890.000 |
13.215.000 |
13.707.000 |
Summary The 2012
financial result structure is a postive working captial of 92.501.000 euro,
which is in agreement with 48 % of the total assets of the company.
The working capital has increased with 3.23
% compared to previous year. The ratio with respect to the total assets of the
company remains unchanged.
The improvement between 2011 and 2012 has
mainly been caused by an increase of the current assets.
The current ratio of the company in 2012 was
2.03. A company with a current ratio between 1.5 and 3.0 generally indicates
good short-term financial strength.
The quick ratio in 2012 of the company was
0.78. A company with a Quick Ratio of less than 1 cannot currently pay back its
current liabilities.
The 2011 financial result structure is a
postive working captial of 89.610.000 euro, which is in agreement with 48 % of
the total assets of the company.
The working capital remained unchanged
compared to previous year. The ratio with respect to the total assets of the
company has however, declined.
The unchanged capital can be explained by a
decrease in current assets and an increase in current liabilities.
The current ratio of the company in 2011 was
2.03. A company with a current ratio between 1.5 and 3.0 generally indicates
good short-term financial strength.
The quick ratio in 2011 of the company was
0.8. A company with a Quick Ratio of less than 1 cannot currently pay back its
current liabilities.
Financial
statement
Type of annual account Corporate
Annual account Roba
Metals B.V.
Zomerdijk 27
3402MJ IJsselstein
Netherlands
Registration number: 300731090000
Balance
|
Year |
2012 |
2011 |
2010 |
2009 |
2008 |
|
End date |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
2008-12-31 |
|
Real estate |
|
|
8.460.000 |
|
9.291.000 |
|
Plant and machinery |
|
|
1.179.000 |
|
1.525.000 |
|
Other tangible fixed
assets |
|
|
98.000 |
|
52.000 |
|
Tangible fixed assets |
10.940.000 |
10.802.000 |
10.880.000 |
11.394.000 |
11.940.000 |
|
Financial fixed assets |
42.000 |
|
|||
|
Fixed assets |
10.982.000 |
10.802.000 |
10.880.000 |
11.394.000 |
11.940.000 |
|
Inventories |
112.247.000 |
106.802.000 |
110.566.000 |
67.253.000 |
106.130.000 |
|
Accounts receivable |
37.366.000 |
38.994.000 |
35.955.000 |
25.083.000 |
49.860.000 |
|
Receivables due from group
and associated companies |
|
|
9.855.000 |
|
20.791.000 |
|
Other receivables |
33.028.000 |
29.049.000 |
23.798.000 |
16.620.000 |
32.371.000 |
|
Total receivables |
70.394.000 |
68.043.000 |
59.753.000 |
41.703.000 |
82.231.000 |
|
Liquid funds |
22.000 |
2.128.000 |
356.000 |
10.022.000 |
19.000 |
|
accruals |
|
|
13.943.000 |
|
11.580.000 |
|
Current assets |
182.663.000 |
176.973.000 |
170.675.000 |
118.978.000 |
188.380.000 |
|
Total assets |
193.645.000 |
187.775.000 |
181.555.000 |
130.372.000 |
200.320.000 |
|
Total equity |
98.512.000 |
94.963.000 |
89.256.000 |
76.612.000 |
70.483.000 |
|
Provisions |
4.971.000 |
5.449.000 |
5.751.000 |
4.225.000 |
4.733.000 |
|
Long term interest
yielding debt |
|
|
|
5.000.000 |
|
|
Debts to subsidiary
companies |
|
|
5.000.000 |
|
5.000.000 |
|
Other long term liabilities |
|
|
5.000.000 |
|
5.000.000 |
|
Long term liabilities |
|
5.000.000 |
5.000.000 |
5.000.000 |
|
|
Accounts payable |
16.808.000 |
14.967.000 |
15.833.000 |
8.890.000 |
7.379.000 |
|
Liabilities towards credit
institutes |
|
|
|
|
96.506.000 |
|
Short term interest
yielding debt |
|
|
|
|
96.506.000 |
|
Tax liabilities |
|
|
7.458.000 |
|
3.447.000 |
|
Debts to subsidiary
companies |
|
|
29.650.000 |
|
3.291.000 |
|
Other short term
liabilities |
73.354.000 |
72.396.000 |
28.607.000 |
35.645.000 |
9.481.000 |
|
Short term liabilities |
90.162.000 |
87.363.000 |
81.548.000 |
44.535.000 |
120.104.000 |
|
Total short and long term liabilities |
95.133.000 |
92.812.000 |
86.548.000 |
53.760.000 |
125.104.000 |
|
Total liabilities |
193.645.000 |
187.775.000 |
181.555.000 |
130.372.000 |
200.320.000 |
Summary The
total assets of the company increased with 3.13 % between 2011 and 2012.
The fixed asset growth of 1.67 % is lower
than the total asset growth.
The asset growth has mainly been financed by
a Net Worth increase of 3.74 %. Debt, however, grew with 2.5 %.
In 2012 the assets of the company were 5.67
% composed of fixed assets and 94.33 % by current assets. The assets are being
financed by an equity of 50.87 %, and total debt of 49.13 %.
The total assets of the company increased
with 3.43 % between 2010 and 2011.
The total assets are entirely composed of
current assets.
The asset growth has mainly been financed by
a debt increase of 7.24 %. The Net Worth, however, grew with 6.39 %.
In 2011 the assets of the company were 5.75
% composed of fixed assets and 94.25 % by current assets. The assets are being
financed by an equity of 50.57 %, and total debt of 49.43 %.
Profit
and loss
|
Year |
2012 |
2011 |
2010 |
2009 |
2008 |
|
Revenues |
437.293.000 |
528.811.000 |
391.701.000 |
331.834.000 |
576.003.0007 |
|
Net turnover |
437.293.000 |
528.811.000 |
391.701.000 |
331.834.000 |
576.003.000 |
|
Gross margin |
28.603.000 |
31.336.000 |
|
29.552.000 |
|
|
Wages and salaries |
13.420.000 |
13.654.000 |
12.262.000 |
11.165.000 |
12.058.000 |
|
Amorization and
depreciation |
1.832.000 |
1.777.000 |
1.517.000 |
1.474.000 |
1.217.000 |
|
Sales |
408.690.000 |
497.475.000 |
|
302.282.000 |
|
|
other operating costs |
5.855.000 |
5.753.000 |
5.170.000 |
5.172.000 |
6.324.000 |
|
Raw materials and
consumables |
|
|
361.379.000 |
|
543.914.000 |
|
Operating expenses |
429.797.000 |
518.659.000 |
380.328.000 |
320.093.000 |
563.513.000 |
|
Operating result |
7.496.000 |
10.152.000 |
11.373.000 |
11.741.000 |
12.490.000 |
|
Financial income |
116.000 |
187.000 |
101.000 |
541.000 |
202.000 |
|
Financial expenses |
808.000 |
1.756.000 |
725.000 |
1.219.000 |
4.206.000 |
|
Financial result |
-692.000 |
-1.569.000 |
-624.000 |
-678.000 |
-4.004.000 |
|
Result on ordinary operations before taxes |
6.804.000 |
8.583.000 |
10.749.000 |
11.063.000 |
8.486.000 |
|
Taxation on the result of
ordinary activities |
1.701.000 |
2.146.000 |
2.741.000 |
2.821.000 |
2.164.000 |
|
Result of ordinary activities after taxes |
5.103.000 |
6.437.000 |
8.008.000 |
8.242.000 |
6.322.000 |
|
Result subsidiaries after
taxes |
17.000 |
|
|
|
|
|
Net result |
5.120.000 |
6.437.000 |
8.008.000 |
8.242.000 |
6.322.000 |
Summary The turnover
of the company decreased by -17.31 % between 2011 and 2012.
The gross profit
of the company decreased by -8.72 % between 2011 and 2012.
The operating result of the company declined
with -26.16 % between 2011 and 2012. This evolution implies an decrease of the
company's economic profitability.
The result of these changes is a reduction
of the company's Economic Profitability of -23.19 % of the analysed period,
being equal to 2011 % in the year 2012.
This fall has contributed to a asset
turnover decrease, whose index evolved from -19.86 to a level of 2.26.
The Net Result of the company increased by
-20.46 % between 2011 and 2012.
The company's Financial Profitability has
been negatively affected by the financial activities in comparison to the EBITs
behaviour. The result of these variations is a profitability reduction of
-23.56 % of the analysed period, being 6.91 % in the year 2012.
The company's financial profitability has
been positively affected by its financial structure.
The turnover of the company grew with 35 %
between 2010 and 2011.
The operating result of the company declined
with -10.74 % between 2010 and 2011. This evolution implies an decrease of the
company's economic profitability.
The result of these changes is a reduction
of the company's Economic Profitability of -22.8 % of the analysed period,
being equal to 2010 % in the year 2011.
Despite the decline the assets turnover
increased by 30.56 % reaching 2.82.
The Net Result of the company increased by
-19.62 % between 2010 and 2011.
The company's Financial Profitability has
been positively affected by the financial activities in comparison to the EBITs
behaviour. The result of these variations is a profitability increase of -24.92
% of the analysed period, being 9.04 % in the year 2011.
The company's financial profitability has
been positively affected by its financial structure.
Analysis
Branch (SBI) Groothandel en
Wholesale on a fee or contract basis (niet in auto’s en motorfietsen) (46)
Region Westelijk
Utrecht
In the Netherlands 109662 of the companies
are registered with the SBI code 46
In the region Westelijk Utrecht 4157 of the
companies are registered with the SBI code 46
In the Netherlands 2387 of the bankrupcties
are published within this sector
In the region Westelijk Utrecht 88 of the
bankruptcies are published within this sector
The risk of this specific sector in the
Netherlands is normal
The risk of this specific sector in the
region Westelijk Utrecht is normal
Publications
Filings 30-08-2013:
De jaarrekening over 2012 is gepubliceerd.
17-07-2012: De jaarrekening over 2011 is
gepubliceerd.
11-07-2011: De jaarrekening over 2010 is
gepubliceerd.
27-08-2010: De jaarrekening over 2009 is
gepubliceerd.
09-07-2009: De jaarrekening over 2008 is
gepubliceerd.
Functions 22-11-2012: Per
01-11-2012 is gevolmachtigde Guy Daniël Soesan uit functie getreden.
31-05-2012: Per 01-05-2012 is gevolmachtigde
Gijsbertus Theodorus van Schaik uit functie getreden.
Company
structure
Relations 5
Stichting Administratiekantoor Roba
Zomerdijk 2733
3402MJ IJSSELSTEIN UT
Netherlands
Registration number: 411929580000
• Roba Holding B.V.
Zomerdijk 27
3402MJ IJsselstein ut
Netherlands
Registration number: 300406520000
• Roba Metals B.V.
Zomerdijk 27
3402MJ IJsselstein
Netherlands
Registration number: 300731090000
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
: |
SUB |
|
|
|
|
Report Prepared
by : |
NNA |
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.