|
Report Date : |
09.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
OXEA GMBH |
|
|
|
|
Registered Office : |
Otto-Roelen-Str. 3, D 46147 Oberhausen |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
30.07.2003 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
·
Manufacture
of other chemical products ·
Wholesale
of chemical products |
|
|
|
|
No of Employees : |
1,090 |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
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 |
OXEA GMBH
Company Status: active
Otto-Roelen-Str. 3
D 46147 Oberhausen
Telephone:0208/693-3100
Telefax: 0208/693-3101
Homepage:
www.oxea-chemicals.com/de
E-mail: info@oxea-chemicals.com
VAT no.: DE813758906
Tax ID number: 123/5746/1975
Business relations are
permissible.
LEGAL FORM Private limited company
Date of foundation: 30.07.2003
Shareholders'
agreement: 30.07.2003
Registered on: 19.08.2003
Commercial Register: Local
court 47051 Duisburg
under: HRB 13992
Share capital: EUR 1,000,000.00
Shareholder:
Oxea
Holding GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 1,000,000.00
Registered on: 28.03.2007
Reg.
data: 47051 Duisburg, HRB 19218
Manager:
Bernhard Spetsmann
Friedenstr. 2
D
40219 Düsseldorf
authorized to jointly represent the company
born:
26.10.1962
Profession: Businessman
Manager:
Dr.
Martina Flöel
Olle
Beek 9
D 46569 Hünxe
authorized to jointly represent the company
born:
18.01.1960
Profession: Fully qualified chemist
Marital status: unknown
Manager:
Miguel Franca e Silva de
Quintanilha Mantas
Am
Südhang 6
D
56412 Heilberscheid
born:
18.06.1961
Marital status: unknown
Proxy:
Dr. Rainer Lukas
Holunderweg 13
D
45133 Essen
authorized to jointly represent the company
born:
03.09.1954
Profession: Fully qualified chemist
Marital status: married
Proxy:
Thomas
Richard Merz
Am
Rahmerbuschfeld 12
D
47269 Duisburg
authorized to jointly represent the company
born: 07.10.1964
Proxy:
Dr.
Horst Hanke
Hubertusstr. 12
D
46485 Wesel
authorized to jointly represent the company
born:
18.12.1956
Proxy:
Dr.
Georg Dämbkes
Nibelungenstr. 65
D
46537 Dinslaken
authorized to jointly represent the company
born:
12.01.1952
Proxy:
Jan Hille
D
61250 Usingen
authorized to jointly represent the company
born:
12.08.1963
Proxy:
Dr.
Heinz Strutz
D
47447 Moers
authorized to jointly represent the company
born:
31.05.1954
Proxy:
Juan
Soto Garcia
USA Copell, Texas
authorized to jointly represent the company
born: 16.09.1968
Nationality: USA
Proxy:
Dr.
Bernhard Herzog
D
61440 Oberursel
authorized to jointly represent the company
born:
18.05.1965
Proxy:
Matthias Kramer
D
60308 Frankfurt
authorized to jointly represent the company
born:
07.11.1969
Proxy:
Stefan
Hubert Bruno Schmidt
Girardetstr. 52b
D
45131 Essen
authorized to jointly represent the company
born:
22.07.1971
Proxy:
Hans-Peter Imkamp
Am
Breiten Deich 15
D
41564 Kaarst
authorized to jointly represent the company
born:
08.12.1967
Proxy:
Steven
Friedewald
USA -
Highland Village Texas
authorized to jointly represent
the company
born:
25.11.1962
Nationality: USA
Proxy:
Dr.
Stefan Heß
D
46535 Dinslaken
authorized to jointly represent the company
born:
04.11.1957
Proxy:
Reinhold Bührer
D
46535 Dinslaken
authorized to jointly represent the company
born:
22.12.1955
Proxy:
Günther Becker
D
47051 Duisburg
authorized to jointly represent the company
born:
28.11.1958
Proxy:
Pernendu Rai
USA
Irving (TX)/USA
authorized to jointly represent the company
born:
02.03.1970
Nationality: USA
Proxy:
Cristobal Ascencio
USA Southlake (TX)/USA
authorized to jointly represent the company
born:
03.07.1955
Nationality: USA
Further
functions/participations of Bernhard Spetsmann (Manager)
Shareholder:
Luxury Fashion Trade GmbH
Kaistr. 11
D
40221 Düsseldorf
Legal
form: Private limited company
Share
capital: EUR 103,868.00
Share: EUR 2,151.00
Registered
on: 28.08.2009
Reg.
data: 40227 Düsseldorf, HRB 61685
Shareholder:
Autodisplay Biotech GmbH
Merowingerplatz 1a
D
40225 Düsseldorf
Legal
form: Private limited company
Share
capital: EUR 40,431.00
Share: EUR 1,765.00
Registered
on: 06.05.2008
Reg.
data: 40227 Düsseldorf, HRB 58724
Manager:
Oxea
Holding GmbH
Otto-Roelen-Str. 3
D 46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 28.03.2007
Reg. data: 47051 Duisburg, HRB 19218
Manager:
Oxea
Holding Zwei GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 28.03.2007
Reg.
data: 47051 Duisburg, HRB 19217
Manager:
OIG
Oxea Infrastruktur GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 26.10.2007
Reg.
data: 47051 Duisburg, HRB 19711
Manager:
Oxea
Holding Drei GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 26,000.00
Registered
on: 02.03.2011
Reg.
data: 47051 Duisburg, HRB 23207
Manager:
Oxea
International GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 12.06.2012
Reg.
data: 47051 Duisburg, HRB 24565
Manager:
Oxea
Holding Vier GmbH
Otto-Roelen-Str. 3 c/o Oxea
Holding GmbH
D 46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 26,000.00
Registered
on: 18.01.2013
Reg. data: 40227 Düsseldorf, HRB 69442
Further
functions/participations of Dr. Martina Flöel (Manager)
Limited partner:
Oxea
Associates GmbH & Co. KG
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 1,300.00
contribution:
Share: EUR 100.00
Registered
on: 05.12.2007
Reg.
data: 47051 Duisburg, HRA 10154
Manager:
Oxea
Holding Vier GmbH
Otto-Roelen-Str. 3 c/o Oxea
Holding GmbH
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 26,000.00
Registered
on: 18.01.2013
Reg.
data: 40227 Düsseldorf, HRB 69442
Manager:
Oxea
Holding GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal form: Private limited
company
Share
capital: EUR 25,000.00
Registered
on: 28.03.2007
Reg.
data: 47051 Duisburg, HRB 19218
Manager:
Oxea
Holding Zwei GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 28.03.2007
Reg.
data: 47051 Duisburg, HRB 19217
Manager:
OIG
Oxea Infrastruktur GmbH
Otto-Roelen-Str. 3
D 46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 26.10.2007
Reg. data:
47051 Duisburg, HRB 19711
Manager:
Oxea
Holding Drei GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 02.03.2011
Reg.
data: 47051 Duisburg, HRB 23207
Manager:
Oxea
International GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 12.06.2012
Reg.
data: 47051 Duisburg, HRB 24565
Further
functions/participations of Miguel Franca e Silva de
Quintanilha Mantas
(Manager)
Limited partner:
Oxea
Associates GmbH & Co. KG
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 1,300.00
contribution:
Share: EUR 100.00
Registered
on: 05.12.2007
Reg.
data: 47051 Duisburg, HRA 10154
Manager:
Oxea Holding Vier GmbH
Otto-Roelen-Str. 3 c/o Oxea
Holding GmbH
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 26,000.00
Registered
on: 18.01.2013
Reg.
data: 40227 Düsseldorf, HRB 69442
Manager:
Oxea
Holding GmbH
Otto-Roelen-Str.
3
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 28.03.2007
Reg.
data: 47051 Duisburg, HRB 19218
Manager:
OIG
Oxea Infrastruktur GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 26.10.2007
Reg.
data: 47051 Duisburg, HRB 19711
Manager:
Oxea
Holding Drei GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal
form: Private limited company
Share
capital: EUR 26,000.00
Registered
on: 02.03.2011
Reg.
data: 47051 Duisburg, HRB 23207
Proxy:
Ticona
GmbH
Am
Unisys Park 1
D
65843 Sulzbach
Legal
form: Private limited company
Share
capital: EUR 5,964,000.00
Registered
on: 01.07.1997
Reg.
data: 64283 Darmstadt, HRB 83534
Proxy:
Celanese Chemicals Europe GmbH
Am
Unisys Park 1
D
65843 Sulzbach
Legal
form: Private limited company
Share
capital: EUR 5,111,129.29
Registered
on: 28.08.2002
Reg.
data: 61462 Königstein, HRB 5827
19.08.2003 -
07.03.2007 European Oxo GmbH
Otto-Roelen-Str. 3
D 46147 Oberhausen
Private limited company
15.07.2010 -
27.01.2012 Manager
Cornelius Robertson
D
64521 Groß-Gerau
Main industrial sector
2059 Manufacture of other chemical products
n.e.c.
46750 Wholesale of
chemical products
Branch:
Oxea
GmbH
Paul-Baumann-Str. 1
D 45772 Marl
TEL.:
02365/495272
Shareholder:
Oxea
International GmbH
Otto-Roelen-Str. 3
D
46147 Oberhausen
Legal form:
Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 12.06.2012
Local court
47051 Duisburg
HRB 24565
Shareholder:
GPDC
German Pipeline Development Company
GmbH
Pawiker Str. 30
D 45896 Gelsenkirchen
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 7,500.00
Reg.
data: 09.08.2007
Local court 45879 Gelsenkirchen
HRB 9081
Shareholder:
Studiengesellschaft Kohle mit beschränkter
Haftung
Kaiser-Wilhelm-Platz 1
D
45470 Mülheim
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 60,000.00
Share: EUR 3,200.00
Reg.
data: 18.06.2004
Local court 47051 Duisburg
HRB 14228
Payment experience: cash discount/within agreed terms
Negative information:We
have no negative information at hand.
Type of ownership: Tenant
Address Otto-Roelen-Str. 3
D
46147 Oberhausen
Land register documents
were not available.
DEUTSCHE BANK, 45116 ESSEN,
RUHR
Sort. code: 36070050
BIC: DEUTDEDEXXX
Turnover: 2012 EUR 1,018,336,529.00
Profit: 2012 EUR 72,711,369.00
Equipment: EUR 1,540,996.00
Ac/ts receivable: EUR
108,599,763.00
Liabilities: EUR 550,206,994.00
Employees: 1,090
Balance sheet ratios
01.01.2012 - 31.12.2012
Equity ratio [%]: 26.85
Liquidity ratio: 0.25
Return on total capital
[%]: 10.32
Balance sheet ratios
01.01.2011 - 31.12.2011
Equity ratio [%]: 24.36
Liquidity ratio: 0.22
Return on total capital
[%]: 10.88
Balance sheet ratios
01.01.2010 - 31.12.2010
Equity ratio [%]: 54.48
Liquidity ratio: 3.60
Return on total capital
[%]: 24.99
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 662,497,182.14
Fixed assets
EUR 453,839,277.02
Intangible assets EUR 1,275,835.01
Concessions, licences, rights
EUR 1,275,835.01
Tangible assets
EUR 142,315,183.31
Land / similar rights
EUR 16,440,298.82
Plant / machinery
EUR 58,601,578.84
Other tangible assets / fixtures and
fittings
EUR 1,540,996.21
Advance payments made / construction
in progress
EUR 60,288,268.97
Other / unspecified tangible assets
EUR 5,444,040.47
Financial assets
EUR 310,248,258.70
Shares in participations /
subsidiaries and the like
EUR 310,248,258.70
Shares in related companies
EUR 310,162,640.92
Shares in investee companies
EUR 85,617.78
Current assets
EUR 208,415,318.45
Stocks
EUR 85,004,618.89
Raw materials, consumables and
supplies
EUR 22,273,162.72
Finished goods / work in progress
EUR 62,731,456.17
Accounts receivable
EUR 108,599,763.40
Trade debtors
EUR 69,447,394.26
Amounts due from related companies
EUR 17,840,183.15
Other debtors and assets
EUR 21,312,185.99
Liquid means
EUR 14,810,936.16
Remaining other assets
EUR 242,586.67
Accruals (assets)
EUR 242,586.67
LIABILITIES EUR 662,497,182.14
Shareholders' equity
EUR 71,091,722.04
Capital
EUR 1,000,000.00
Subscribed capital (share capital)
EUR 1,000,000.00
Reserves
EUR 70,091,722.04
Capital reserves EUR
46,753,022.02
Retained earnings / revenue reserves EUR 23,338,700.02
Provisions
EUR 41,198,465.61
Pension provisions and comparable
provisions
EUR 16,084,385.38
Other / unspecified provisions
EUR 25,114,080.23
Liabilities
EUR 550,206,994.49
Other liabilities
EUR 550,206,994.49
Trade creditors (for IAS incl. bills
of exchange) EUR 117,748,415.98
Liabililties due to related companiesEUR 424,131,751.00
Unspecified other liabilities
EUR 8,326,827.51
Guarantees and other commitments
EUR 6,666,667.00
Guarantees / warranties
EUR 6,666,667.00
Warranties
EUR 6,666,667.00
PROFIT AND LOSS ACCOUNT (cost of sales method)
according to Comm.
Code
(HGB)
Sales EUR 1,018,336,529.44
Manufacturing costs
EUR 914,526,224.63
Gross result on sales
EUR 103,810,304.81
Distribution costs
EUR 7,524,578.26
General administration expenses
EUR 8,066,978.51
Other operating income
EUR 89,181,567.41
Other operating expenses
EUR 93,826,732.35
Operating result from continuing
operations
EUR 83,573,583.10
Interest result (+/-)
EUR -14,703,731.53
Interest and similar income
EUR 780,402.19
Interest and similar expenses
EUR 15,484,133.72
Financial result (+/-) EUR -14,703,731.53
Result from ordinary operations (+/-)
EUR 68,869,851.57
Extraordinary income
EUR 4,712,543.00
Extraordinary expenses
EUR 347,547.44
Extraordinary result (+/-)
EUR 4,364,995.56
Expenses for transfer of profits to a
parent company
EUR 72,711,368.57
Income tax / refund of income tax (+/-)EUR -523,478.56
Tax
(+/-) EUR -523,478.56
Annual surplus / annual deficit
EUR 0.00
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2011 - 31.12.2011
ASSETS EUR
1,005,177,560.57
Fixed assets
EUR 695,786,600.77
Intangible assets
EUR 1,963,621.89
Concessions, licences, rights
EUR 1,963,621.89
Tangible assets EUR 82,656,560.81
Land / similar rights
EUR 11,495,611.20
Plant / machinery
EUR 38,933,490.70
Other tangible assets / fixtures and
fittings
EUR 1,103,805.62
Advance payments made / construction
in progress
EUR 23,959,652.82
Other / unspecified tangible assets
EUR 7,164,000.47
Financial assets
EUR 611,166,418.07
Shares in participations /
subsidiaries and the like
EUR 607,443,526.59
Shares in related companies
EUR 607,352,143.81
Shares in investee companies
EUR 91,382.78
Securities included in fixed assets
EUR 3,722,891.48
Current assets
EUR 309,082,041.08
Stocks
EUR 70,822,521.39
Raw materials, consumables and
supplies EUR 14,494,022.86
Finished goods / work in progress
EUR 56,328,498.53
Accounts receivable
EUR 133,593,544.63
Trade debtors
EUR 70,750,591.59
Amounts
due from related companies EUR 50,600,280.15
Other debtors and assets
EUR 12,242,672.89
Liquid means
EUR 104,665,975.06
Remaining other assets
EUR 308,918.72
Accruals (assets)
EUR 308,918.72
LIABILITIES EUR 1,005,177,560.57
Shareholders' equity
EUR 71,091,722.04
Capital
EUR 1,000,000.00
Subscribed capital (share capital)
EUR 1,000,000.00
Reserves
EUR 70,091,722.04
Capital reserves
EUR 46,753,022.02
Retained earnings / revenue reserves EUR 23,338,700.02
Provisions
EUR 45,685,444.99
Pension provisions and comparable
provisions
EUR 14,236,409.94
Other / unspecified provisions
EUR 31,449,035.05
Liabilities
EUR 888,400,393.54
Other liabilities
EUR 888,400,393.54
Trade creditors (for IAS incl. bills
of exchange)
EUR 84,039,660.03
Liabililties due to related companiesEUR 796,327,116.60
Unspecified other liabilities
EUR 8,033,616.91
PROFIT AND LOSS ACCOUNT (cost of sales method)
according to Comm.
Code
(HGB)
Sales
EUR 1,022,198,185.98
Manufacturing costs
EUR 892,224,812.42
Gross result on sales
EUR 129,973,373.56
Distribution costs
EUR 6,789,706.08
General
administration expenses EUR 9,160,958.47
Other operating income
EUR 89,866,660.11
Other operating expenses
EUR 90,524,463.82
Operating result from continuing
operations EUR 113,364,905.30
Interest result (+/-)
EUR -3,784,031.60
Interest and similar income
EUR 1,531,687.79
Interest and similar expenses
EUR 5,315,719.39
Financial result (+/-)
EUR -3,784,031.60
Result from ordinary operations (+/-)
EUR 109,580,873.70
Extraordinary expenses
EUR 347,547.47
Extraordinary result (+/-)
EUR -347,547.47
Expenses for transfer of profits to a
parent company
EUR 109,014,216.38
Income tax / refund of income tax (+/-)EUR -219,109.85
Tax
(+/-)
EUR -219,109.85
Annual surplus / annual deficit
EUR 0.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.35 |
|
|
1 |
Rs.98.71 |
|
Euro |
1 |
Rs.77.47 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
TPT |
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.