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Report No. : |
317609 |
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Report Date : |
13.04.2015 |
IDENTIFICATION DETAILS
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Name : |
HALDOR TOPSØE A/S |
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Registered Office : |
Nymøllevej 55, Kgs.Lyngby 2800 |
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Country : |
Denmark |
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Date of Incorporation : |
30.11.1972 |
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Com. Reg. No.: |
41853816 |
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Legal Form : |
Limited company |
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Line of Business : |
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No. of Employee : |
1813 (2013) |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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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 – December 31, 2014
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Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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Denmark |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
DENMARK - ECONOMIC OVERVIEW
This thoroughly modern market economy features a high-tech agricultural sector, state-of-the-art industry with world-leading firms in pharmaceuticals, maritime shipping and renewable energy, and a high dependence on foreign trade. Denmark is a member of the European Union (EU); Danish legislation and regulations conform to EU standards on almost all issues. Danes enjoy a high standard of living and the Danish economy is characterized by extensive government welfare measures and an equitable distribution of income. Denmark is a net exporter of food and energy and enjoys a comfortable balance of payments surplus, but depends on imports of raw materials for the manufacturing sector. Within the EU, Denmark is among the strongest supporters of trade liberalization. After a long consumption-driven upswing, Denmark's economy began slowing in 2007 with the end of a housing boom. Housing prices dropped markedly in 2008-09 and, following a short respite in 2010, have since continued to decline. Household indebtedness is still relatively high at more than 275% of gross disposable income in the first half of 2013. The global financial crisis has exacerbated this cyclical slowdown through increased borrowing costs and lower export demand, consumer confidence, and investment. Denmark made a modest recovery in 2010, in part because of increased government spending; however, the country experienced a technical recession in late 2010-early 2011. Historically low levels of unemployment rose sharply with the recession and have remained at about 6% in 2010-13, based on the national measure, about two-thirds average EU unemployment. An impending decline in the ratio of workers to retirees will be a major long-term issue. Denmark maintained a healthy budget surplus for many years up to 2008, but the budget balance swung into deficit in 2009, where it remains. In spite of the deficits, the new coalition government delivered a modest stimulus to the economy in 2012. Nonetheless, Denmark's fiscal position remains among the strongest in the EU with public debt at about 46% of GDP in 2013. Despite previously meeting the criteria to join the European Economic and Monetary Union (EMU), so far Denmark has decided not to join, although the Danish krone remains pegged to the euro.
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Source
: CIA |
HALDOR TOPSØE A/S
41853816
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Business Name |
HALDOR TOPSØE A/S |
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Country |
DENMARK |
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Company Registration Number |
41853816 |
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Activity Code |
711220 |
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Activity Description |
Consulting engineering activities within productio |
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Company Status |
Active (Active) |
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Latest Turnover Figure |
4.889.000.000 DKK |
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Latest Shareholder Equity Figure |
1.644.000.000 DKK |
Basic
Information
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Business Name |
HALDOR TOPSØE A/S |
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Registered Company Name |
HALDOR TOPSØE A/S |
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Company Registration Number |
41853816 |
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Country |
DENMARK |
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Date of Company Registration |
30/11/1972 |
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Legal Form |
Limited company |
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Company Status |
Active (Active) |
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Currency of this Report |
DKK |
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Principal Activity Code |
711220 |
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Principal Activity Description |
Consulting engineering activities within productio |
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Contact Address |
Nymøllevej 55, Kgs.Lyngby 2800 |
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Contact Telephone Number |
45272000 |
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Main Address |
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Address |
Country |
Telephone |
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Nymøllevej 55, Kgs.Lyngby 2800 |
DENMARK |
45272000 |
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Activity Code |
Activity Description |
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711220 |
Consulting engineering activities within productio |
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205900 |
Manufacture of other chemical products n.e.c. |
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244200 |
Aluminium production |
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201500 |
Manufacture of fertilizers and nitrogen compounds |
No email addresses for this company
www.topsoe.dk
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Year |
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Number of Employees |
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2013 |
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1813 |
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2012 |
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1658 |
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2011 |
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1601 |
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Real
Estate
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Real Estate |
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No |
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Other Trading Names |
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Type |
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Name |
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Business name |
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Haldor Topsoe A/S |
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Business name |
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HT Equipment A/S |
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Global
Trading Information
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Export |
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Worldwide |
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Import |
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Other
Information
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Type |
Text |
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Capital conditions |
Partially paid |
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Additional
Accounts Information
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Date Format |
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MM-DD |
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Accounts Start Date |
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01-01 |
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Accounts End Date |
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12-31 |
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Profit and Loss |
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Financial Year |
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2013 |
2012 |
2011 |
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Number of Weeks |
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52 |
52 |
52 |
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Currency |
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DKK |
DKK |
DKK |
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Revenue |
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4.889.000.000 |
4.527.000.000 |
3.932.000.000 |
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Operating Profit |
|
712.000.000 |
548.000.000 |
522.000.000 |
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Retained Profit |
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523.000.000 |
413.000.000 |
397.000.000 |
Balance
Sheet
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||
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Financial Year |
2013 |
2012 |
2011 |
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Number of Weeks |
52 |
52 |
52 |
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Currency |
DKK |
DKK |
DKK |
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TOTAL ASSETS |
5.746.000.000 |
5.041.000.000 |
4.734.000.000 |
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Other Reserves |
1.644.000.000 |
1.422.000.000 |
1.307.000.000 |
Share
Capital Structure
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Nominal Share Capital |
376.000.000 DKK |
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Shareholders
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Shareholder |
Address |
% Shares Held |
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Haldor Topsøe Holding A/S |
Nymøllevej 55 Kgs.Lyngby 2800 DNK |
100 |
Current
Directors
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Name |
Appointment Date |
Position |
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Bjerne Steffen Clausen |
25/11/2011 |
Managing director |
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Peter Rønnest Andersen |
01/02/2013 |
General manager |
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Henrik Topsøe |
14/09/1994 |
Chairman |
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Oluf Christian Engell |
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Member of the board |
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Jørgen Huno Rasmussen |
30/05/2013 |
Member of the board |
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Jens Kehlet Nørskov |
25/02/2010 |
Member of the board |
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Jeppe Fonager Christiansen |
13/10/2010 |
Member of the board |
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Name |
Appointment Date |
Position |
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Jakob Haldor Topsøe |
08/12/2010 |
Member of the board |
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Nils Bernstein |
25/03/2013 |
Member of the board |
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Christina Topsøe |
25/03/2013 |
Member of the board |
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Jette Søvang Christiansen |
02/02/2005 |
Elected by employees |
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Martin Østberg |
31/03/2006 |
Elected by employees |
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Søren Toft |
31/03/2006 |
Elected by employees |
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Aino Irene Saldo |
02/04/2014 |
Elected by employees |
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Jesper Riis |
12/03/2012 |
IT |
|
Jesper Lemmich |
10/02/2010 |
Personnel |
Ultimate
Holding Parent
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Ultimate Holding Company Name |
Haldor Topsøe Holding A/S |
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Subsidiary
Companies
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Subsidiary Name |
Country |
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Haldor Topsøe International A/S |
DENMARK |
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Subcontinent Ammonia Investment Company ApS |
DENMARK |
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Topsoe Fuel Cell A/S |
DENMARK |
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ZAO Haldor Topsøe |
RUSSIAN FEDERATION |
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Haldor Topsoe America Latina |
ARGENTINA |
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Haldor Topsoe Sdn. Bhd. |
MALAYSIA |
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Haldor Topsoe Canada Ltd. |
CANADA |
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Haldor Topsoe S.A. |
SOUTH AFRICA |
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Haldor Topsoe (Beijing) Co. Ltd. |
CHINA |
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Haldor Topsoe India Ptv. Ltd. |
INDIA |
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Haldor Topsoe, Inc. |
UNITED STATES |
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Haldor Topsoe Catalisadores e Tecnolog. do Brasil |
BRAZIL |
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Haldor Topsoe Catalyst Co., Ltd. |
CHINA |
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Haldor Topsoe Ohlo, Inc. |
UNITED STATES |
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Topsoe Energy Conversion And Storage A/S |
DENMARK |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.37 |
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|
1 |
Rs.91.60 |
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Euro |
1 |
Rs.66.49 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
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Report Prepared
by : |
ASH |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.