|
Report Date : |
19.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
HAMM RENO GROUP
GMBH |
|
|
|
|
Registered Office : |
Am Tie 7, D
49086 Osnabrück |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
18.04.1977 |
|
|
|
|
Com. Reg. No.: |
HRB 19587 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Other business support service
activities n. e. c. (Note: We tried to confirm obtain the details activity but the same is not available from any source.) |
|
|
|
|
No. of Employees : |
848 |
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 : |
Slow but correct |
|
|
|
|
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
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, has contributed to strong
growth 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 5.3% in 2013. The new German government introduced
a minimum wage of $11 per hour to take effect in 2015. 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 and 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. 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 |
HR Group Hamm Reno Group GmbH
Industriegebiet West, D 66987 Thaleischweiler-Fröschen
The subject of your inquiry is a branch.
We are reporting on the headquarters.
Hamm Reno Group GmbH
Company Status: active
Am Tie 7
D 49086 Osnabrück
Telephone:0541/958401
Telefax: 0541/9584222
Homepage: www.reno.de
E-mail: info@reno.de
DE145461102
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 18.04.1977
Begin of business
activities: 18.04.1977
Shareholders'
agreement: 18.04.1977
Registered on: 06.09.2001
Commercial Register: Local court 49074 Osnabrück
under: HRB
19587
EUR
20,251,600.00
Shareholder:
RENO Schuh GmbH
Industriegebiet-West
D 66987 Thaleischweiler-Fröschen
Legal form: Private
limited company
Share capital: EUR 42,500,000.00
Share: EUR 20,251,600.00
Registered on: 18.07.1996
Reg. data: 66482
Zweibrücken, HRB 23070
Control and profit
transfer agreement
Manager:
Hans-Jürgen de Fries
Bertolt-Brecht-Str. 69
D 48231 Warendorf
born: 21.02.1946
Manager:
Jens Dieter Achim
Rauschen
Gramberger Str. 1
D 49143 Bissendorf
born: 17.03.1965
Profession: Businessman
Manager:
Manfred Fritz Klumpp
D 66887 Jettenbach
born: 25.10.1958
Manager:
Uwe Johannes Niemann
Flachsdehne 8
D 49124 Georgsmarienhütte
born: 07.08.1965
Proxy:
Bernd Naruhn
D 66953 Pirmasens
authorized to jointly
represent the company
born: 16.09.1966
Proxy:
Ernst Buermeyer
D 49074 Osnabrück
authorized to jointly
represent the company
born: 13.06.1966
Proxy:
Felix Finger
D 49086 Osnabrück
authorized to jointly represent the company
born: 04.11.1976
Further functions/participations of
Hans-Jürgen de Fries
(Manager)
Shareholder:
F & D Schuhhandel
Beteiligungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 30.05.2005
Reg. data: 49074 Osnabrück, HRB 21722
Manager:
Reno Schuhcentrum GmbH
Industriegebiet-West
D 66987 Thaleischweiler-Fröschen
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 19.07.1984
Reg.
data: 66482 Zweibrücken, HRB 22150
Manager:
Mayer Schuhhandel
Verwaltungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,564.60
Registered
on: 28.12.1988
Reg.
data: 49074 Osnabrück, HRB 16162
Manager:
Hamm
Beteiligungsgesellschaft mit
beschränkter Haftung
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,564.60
Registered
on: 19.09.1972
Reg.
data: 49074 Osnabrück, HRB 1561
Manager:
terra Verwaltungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 28.12.1977
Reg.
data: 49074 Osnabrück, HRB 246
Manager:
Mayer Systempartner GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 18.06.2008
Reg.
data: 49074 Osnabrück, HRB 202082
Manager:
Mayer Logistik Service
GmbH
Industriegebiet-West
D 66987 Thaleischweiler-Fröschen
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 18.07.1996
Reg.
data: 66482 Zweibrücken, HRB 23073
Manager:
RENO Schuh GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private limited company
Share capital: EUR
42,500,000.00
Registered
on: 18.07.1996
Reg. data: 66482 Zweibrücken, HRB 23070
Manager:
HR Online GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private
limited company
Share capital: EUR
19,000,000.00
Registered
on: 16.01.1981
Reg. data: 66482 Zweibrücken, HRB 21935
Manager:
Hamm-Reno-Group
International GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 18.09.2006
Reg. data: 66482 Zweibrücken, HRB 30123
Manager:
F & D Schuhhandel
Beteiligungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 30.05.2005
Reg.
data: 49074 Osnabrück, HRB 21722
Manager:
Hamm Lizenzen GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 11.07.2005
Reg.
data: 49074 Osnabrück, HRB 21773
Manager:
payless Shoe GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private limited company
Share capital: EUR 255,700.00
Registered
on: 10.09.1982
Reg. data: 66482 Zweibrücken, HRB 22061
Further functions/participations of Jens
Dieter Achim Rauschen
(Manager)
Shareholder:
Jens
Rauschen GmbH
Gramberger Str. 7
D 49143 Bissendorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 13,000.00
Registered
on: 03.03.2011
Reg. data: 49074 Osnabrück, HRB 205079
Manager:
Reno Schuhcentrum GmbH
Industriegebiet-West
D 66987 Thaleischweiler-Fröschen
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 19.07.1984
Reg.
data: 66482 Zweibrücken, HRB 22150
Manager:
terra Verwaltungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form:
Private limited company
Share capital: EUR 25,564.59
Registered
on: 28.12.1977
Reg.
data: 49074 Osnabrück, HRB 246
Manager:
Hamm
Beteiligungsgesellschaft mit
beschränkter Haftung
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,564.60
Registered
on: 19.09.1972
Reg.
data: 49074 Osnabrück, HRB 1561
Manager:
Mayer Systempartner GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 18.06.2008
Reg.
data: 49074 Osnabrück, HRB 202082
Manager:
HR Online GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private limited company
Share capital: EUR
19,000,000.00
Registered
on: 16.01.1981
Reg. data: 66482 Zweibrücken, HRB 21935
Manager:
Hamm-Reno-Group
International GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 18.09.2006
Reg. data: 66482 Zweibrücken, HRB 30123
Manager:
RENO Schuh GmbH
Industriegebiet-West
D 66987 Thaleischweiler-Fröschen
Legal form: Private
limited company
Share capital: EUR
42,500,000.00
Registered
on: 18.07.1996
Reg. data:
66482 Zweibrücken, HRB 23070
Manager:
Jens Rauschen GmbH
Gramberger Str. 7
D 49143 Bissendorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 03.03.2011
Reg.
data: 49074 Osnabrück, HRB 205079
Manager:
Hamm Lizenzen GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 11.07.2005
Reg.
data: 49074 Osnabrück, HRB 21773
Manager:
Mayer Schuhhandel
Verwaltungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,564.60
Registered
on: 28.12.1988
Reg. data: 49074 Osnabrück, HRB 16162
Further functions/participations of Manfred
Fritz Klumpp
(Manager)
Manager:
RENO Schuh GmbH
Industriegebiet-West
D 66987 Thaleischweiler-Fröschen
Legal form: Private
limited company
Share capital: EUR
42,500,000.00
Registered
on: 18.07.1996
Reg.
data: 66482 Zweibrücken, HRB 23070
Manager:
Mayer Logistik Service
GmbH
Industriegebiet-West
D 66987 Thaleischweiler-Fröschen
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 18.07.1996
Reg.
data: 66482 Zweibrücken, HRB 23073
Manager:
HR Online GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private limited company
Share capital: EUR
19,000,000.00
Registered
on: 16.01.1981
Reg. data: 66482 Zweibrücken, HRB 21935
Manager:
Mayer Schuhhandel
Verwaltungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,564.60
Registered
on: 28.12.1988
Reg.
data: 49074 Osnabrück, HRB 16162
Manager:
Hamm
Beteiligungsgesellschaft mit
beschränkter Haftung
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,564.60
Registered
on: 19.09.1972
Reg.
data: 49074 Osnabrück, HRB 1561
Manager:
terra Verwaltungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 28.12.1977
Reg.
data: 49074 Osnabrück, HRB 246
Manager:
Mayer Systempartner GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 18.06.2008
Reg.
data: 49074 Osnabrück, HRB 202082
Manager:
terra Verwaltungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private limited
company
Share capital: EUR 25,564.59
Registered
on: 28.12.1977
Reg.
data: 49074 Osnabrück, HRB 246
Manager:
Hamm-Reno-Group
International GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 18.09.2006
Reg. data: 66482 Zweibrücken, HRB 30123
Manager:
mondo Schuhe
Beteiligungsgesellschaft mit
beschränkter Haftung
Am Tie 7
D 49086 Osnabrück
Legal form: Private limited company
Share capital: EUR 25,564.59
Registered
on: 02.03.1989
Reg. data: 49074 Osnabrück, HRB 16216
Manager:
Hamm Lizenzen GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 11.07.2005
Reg.
data: 49074 Osnabrück, HRB 21773
Manager:
Reno Schuhcentrum GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private limited company
Share capital: EUR 25,564.59
Registered
on: 19.07.1984
Reg. data: 66482 Zweibrücken, HRB 22150
Manager:
payless Shoe GmbH
Industriegebiet-West
D 66987 Thaleischweiler-Fröschen
Legal form: Private
limited company
Share capital: EUR 255,700.00
Registered
on: 10.09.1982
Reg. data: 66482 Zweibrücken, HRB 22061
Further functions/participations of Uwe
Johannes Niemann
(Manager)
Manager:
Reno Schuhcentrum GmbH
Industriegebiet-West
D 66987 Thaleischweiler-Fröschen
Legal form:
Private limited company
Share capital: EUR 25,564.59
Registered
on: 19.07.1984
Reg.
data: 66482 Zweibrücken, HRB 22150
Manager:
terra Verwaltungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 28.12.1977
Reg.
data: 49074 Osnabrück, HRB 246
Manager:
Mayer Systempartner GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 18.06.2008
Reg. data:
49074 Osnabrück, HRB 202082
Manager:
RENO Schuh GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private limited company
Share capital: EUR
42,500,000.00
Registered
on: 18.07.1996
Reg. data: 66482 Zweibrücken, HRB 23070
Manager:
Hamm-Reno-Group
International GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 18.09.2006
Reg. data: 66482 Zweibrücken, HRB 30123
Manager:
HR Online GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Legal form: Private
limited company
Share capital: EUR
19,000,000.00
Registered
on: 16.01.1981
Reg. data:
66482 Zweibrücken, HRB 21935
Manager:
Hamm
Beteiligungsgesellschaft mit
beschränkter Haftung
Am Tie 7
D 49086 Osnabrück
Legal form: Private limited company
Share capital: EUR 25,564.60
Registered
on: 19.09.1972
Reg. data: 49074 Osnabrück, HRB 1561
Manager:
Hamm Lizenzen GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 11.07.2005
Reg.
data: 49074 Osnabrück, HRB 21773
Manager:
Mayer Schuhhandel
Verwaltungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private limited company
Share capital: EUR 25,564.60
Registered
on: 28.12.1988
Reg.
data: 49074 Osnabrück, HRB 16162
Proxy:
F & D Schuhhandel
Beteiligungs GmbH
Am Tie 7
D 49086 Osnabrück
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 30.05.2005
Reg. data: 49074 Osnabrück, HRB 21722
15.08.1977
- 18.07.1996 WM Sport
Einkaufsgesellschaft mbH
D 73342 Bad
Ditzenbach
Private limited
company
18.07.1996 - 31.08.2001 WM Sport Einkaufsgesellschaft mbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Private limited company
31.08.2001 - 15.04.2010 HR Footwear Sourcing GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Private limited company
10.04.2013
- 25.11.2014 Manager
Erhard Uwe Wesemann
D 13593 Berlin
03.06.2010 - 25.11.2014 Manager
Jens Gransee
D 99765 Heringen
31.08.2001 - 25.11.2014 Manager
Robert Reisch
D 63128 Dietzenbach
Main industrial
sector
8299
Other business support service activities n. e. c.
Purchasing
and retail trade – especially for shoes for the RENO Group and HAMM-Group.
The
company belongs to the "Hamm-Reno-Group GmbH & Co. KG" group.
Branch:
Hamm Reno Group GmbH
D 66987
Thaleischweiler-Fröschen
Reg. entry: 28.05.2010
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Balance sheet year: 2012
Type
of ownership: Tenant
Address Am
Tie 7
D 49086 Osnabrück
Land register documents were not available.
COMMERZBANK, 66005 SAARBRÜCKEN
Sort. code: 59040000
BIC: COBADEFFXXX
SPARKASSE OSNABRÜCK, 49018 OSNABRÜCK
Sort. code: 26550105
BIC: NOLADE22XXX
Turnover: 2012 EUR 272,486,318.00
2013 EUR 280,000,000.00
Profit: 2012 EUR -833,655.00
further business figures:
Equipment: EUR 2,232,149.00
Ac/ts receivable: EUR 33,465,393.00
Liabilities: EUR 43,316,154.00
Employees:
848
- Trainees:
84
Control and profit transfer agreement to:
RENO
Schuh GmbH
Industriegebiet-West
D 66987
Thaleischweiler-Fröschen
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 28.49
Liquidity ratio: 0.74
Return on total capital [%]: -1.29
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: 01.01.2012
- 31.12.2012
ASSETS EUR 68,477,664.39
Fixed assets EUR 3,524,974.00
Intangible assets EUR 781,181.00
Concessions, licences, rights EUR 781,181.00
Tangible assets EUR 2,743,793.00
Land / similar rights EUR 511,644.00
Other tangible assets / fixtures and
fittings EUR 2,232,149.00
Current assets EUR 64,772,526.51
Stocks EUR 28,013,318.33
Finished goods / work in progress EUR
27,054,318.33
Other / unspecified stocks EUR 959,000.00
Accounts receivable EUR 33,465,392.52
thereof total due from shareholders EUR
3,950,633.77
Trade debtors EUR 30,898.36
Amounts due from related companies EUR
32,442,589.46
Other debtors and assets EUR 991,904.70
Liquid means EUR 3,293,815.66
Remaining other assets EUR 180,163.88
Accruals (assets) EUR 180,163.88
LIABILITIES EUR 68,477,664.39
Shareholders' equity EUR 22,333,510.38
Capital EUR 20,251,600.00
Subscribed capital (share capital) EUR
20,251,600.00
Reserves EUR 2,051,129.19
Capital reserves EUR 2,051,129.19
Balance sheet profit/loss (+/-) EUR 30,781.19
Profit / loss brought forward EUR 30,781.19
Provisions EUR 2,828,000.00
Other / unspecified provisions EUR 2,828,000.00
Liabilities EUR 43,316,154.01
Other liabilities EUR 43,316,154.01
Trade creditors (for IAS incl. bills
of exchange) EUR 39,273,650.14
Liabililties due to related
companiesEUR 184,439.56
Unspecified other liabilities EUR 3,858,064.31
thereof liabilities from tax /
financial authorities EUR 317,916.31
thereof liabilities from social
security EUR 77,444.96
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 272,486,318.00
Other operating income EUR 12,672,899.31
Cost of materials EUR 242,616,435.56
Raw materials and supplies, purchased
goods EUR 242,616,435.56
Gross result (+/-) EUR 42,542,781.75
Staff expenses EUR 28,407,456.24
Wages and salaries EUR 23,869,894.91
Social security contributions and
expenses for pension plans and
benefits EUR 4,537,561.33
Total depreciation EUR 827,517.84
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 827,517.84
Other operating expenses EUR 13,857,987.04
Operating result from continuing
operations EUR -550,179.37
Interest result (+/-) EUR -268,779.89
Interest and similar income EUR 26,006.38
thereof from related companies EUR 14,244.61
Interest and similar expenses EUR 294,786.27
thereof paid to related companies EUR 254,715.66
Financial result (+/-) EUR -268,779.89
Result from ordinary operations (+/-) EUR
-818,959.26
Income from assumption of loss by
parent company EUR 833,655.26
Other taxes / refund of taxes EUR -14,696.00
Tax (+/-) EUR -14,696.00
Annual surplus / annual deficit
EUR 0.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.32 |
|
UK Pound |
1 |
Rs.98.68 |
|
Euro |
1 |
Rs.78.11 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.