MIRA INFORM REPORT
|
Report No. : |
334624 |
|
Report Date : |
03.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
ABB AB |
|
|
|
|
Registered Office : |
72183 Västerås |
|
|
|
|
Country : |
Sweden |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
23.01.1931 |
|
|
|
|
Com. Reg. No.: |
5560297029 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
9364 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Sweden |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SWEDEN ECONOMIC OVERVIEW
Aided by peace and neutrality for the whole of the 20th century, Sweden has achieved an enviable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. Sweden remains outside the Eurozone because of concerns with the impact on the country’s economy, welfare system and sovereignty. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Privately owned firms account for vast majority of industrial output. Agriculture accounts for less than 1% of GDP. Economic growth slowed in 2013, as a result of continued economic weakness in the EU - Sweden’s main export market; however, Sweden’s economy experienced modest growth in 2014, with an adjusted real GDP growth that averaged 2.3%. Sweden’s economy is expected to grow modestly in 2015, although the country continues to struggle with deflationary pressure.
|
Source
: CIA |
Company
Summary
|
Business Name |
ABB AB |
|
Country |
SWEDEN |
|
Company Registration Number |
5560297029 |
|
Activity Code |
27120 |
|
Activity Description |
Manufacture of electricity distribution and control apparatus |
|
Company Status |
Active (Active) |
Basic
Information
|
Business Name |
ABB AB |
|
Registered Company Name |
ABB AB |
|
Company Registration Number |
5560297029 |
|
Country |
SWEDEN |
|
VAT Registration Number |
SE556029702901 |
|
Date of Company Registration |
23/01/1931 |
|
Legal Form |
Limited liability company |
|
Company Status |
Active (Active) |
|
Currency of this Report |
SEK |
|
Principal Activity Code |
No code |
|
Principal Activity Description |
Bolaget har till föremål för sin verksamhet - att för egen del eller annans räkning utveckla, konstruera, tillverka, marknadsföra, försälja, ta i drift samt underhålla |
|
Contact Address |
72183 VÄSTERÅS |
|
Contact Telephone Number |
021-325000 |
Main
Address
|
Address |
72183 VÄSTERÅS |
|
Country |
SWEDEN |
|
Telephone |
021-325000 |
Other
Addresses
|
Address |
Country |
|
|
Address |
Boplatsgatan 8, 21376 |
|
|
Country |
SWEDEN |
|
|
|
|
|
|
Address |
Kanalvägen 17, 18338 |
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|
Country |
SWEDEN |
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|
Address |
Varlabergsvägen 11, 43439 |
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|
Country |
SWEDEN |
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|
Address |
Valhallavägen 2, 77131 |
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|
Country |
SWEDEN |
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|
Address |
Ventilgatan 5, 65345 |
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|
Country |
SWEDEN |
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|
Address |
Universitetsallén 32, 85234 |
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|
Country |
SWEDEN |
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|
Address |
Grännavägen 24, 56134 |
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|
Country |
SWEDEN |
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|
Address |
Lunnagårdsgatan 4, 43190 |
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|
Country |
SWEDEN |
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|
Address |
Norra Malmvägen 143, 19162 |
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|
Country |
SWEDEN |
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|
Address |
Boplatsgatan 8, 21376 |
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|
Country |
SWEDEN |
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|
Address |
Pendelgatan 2, 90422 |
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|
Country |
SWEDEN |
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|
Address |
Banvägen 11, 97346 |
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|
Country |
SWEDEN |
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|
Address |
Linnégatan 28, 60223 |
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|
Country |
SWEDEN |
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|
Address |
Forskargränd 8, 72226 |
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|
Country |
SWEDEN |
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Address |
Stureholmsvägen 1A, 45155 |
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|
Country |
SWEDEN |
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|
Address |
Arnöleden 2, 61131 |
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|
Country |
SWEDEN |
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|
Address |
Sävelundsgatan 2, 44138 |
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|
Country |
SWEDEN |
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|
Address |
Fabriksvägen 25, 57275 |
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|
Country |
SWEDEN |
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|
Address |
Lugna Gatan, 72136 |
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|
Country |
SWEDEN |
|
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|
Address |
Verkö, 37165 |
|
|
Country |
SWEDEN |
|
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|
Address |
Axeltoftavägen 170, 26135 |
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|
Country |
SWEDEN |
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|
Address |
Metallverksgatan 21, 72130 |
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|
Country |
SWEDEN |
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|
Address |
Viderögatan 2, 16440 |
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|
Country |
SWEDEN |
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|
Address |
Skylvägen 1, 94333 |
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|
Country |
SWEDEN |
|
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|
Address |
Östra Ringvägen 147, 29340 |
|
|
Country |
SWEDEN |
|
|
There are more than 25 entities. |
|
|
Activities
|
Activity Code |
Activity Description |
|
|
|
|
27120 |
Manufacture of electricity distribution and control apparatus |
|
27110 |
Manufacture of electric motors, generators and transformers |
|
27900 |
Manufacture of other electrical equipment |
|
33140 |
Repair of electrical equipment |
|
70100 |
Activities of head offices |
Email
Addresses
No email addresses for this company
Web
Pages
No websites for this company
Employee
Information
|
Year |
Number of Employees |
|
|
|
|
2014 |
9364 |
|
2013 |
9325 |
|
2012 |
9052 |
|
2011 |
8742 |
|
2010 |
8843 |
Advisors
|
Auditor Name |
Börje Stefan Andersson Berglund |
|
|
|
|
Auditor Name |
Ernst & Young Aktiebolag |
Tax
Registrations
|
Registered for FTax |
Yes |
|
Registered for VAT |
Yes |
|
Registered for Employee Tax |
Yes |
Certificates
|
Type |
Category |
Issuer |
|
|
|
|
|
No certificate information for this company |
|
|
Industry
Comparison
|
Activity Code |
27120 |
|
|
|
|
Activity Description |
Manufacture of electricity distribution and control apparatus |
Event
History
|
Event Date |
Event Description |
|
|
|
|
27/07/2015 |
Group Structure Change |
|
22/07/2015 |
Group annual accout, new |
|
22/07/2015 |
Annual account, new |
|
13/07/2015 |
Annual report (PDF), new |
|
04/06/2015 |
Company representatives, changed |
|
04/06/2015 |
Authorised signatories amended or new/amended vacancy text |
|
01/06/2015 |
Group Structure Change |
|
10/04/2015 |
Authorised signatories amended or new/amended vacancy text |
|
10/04/2015 |
Company representatives, changed |
|
04/11/2014 |
Group Structure Change |
|
22/10/2014 |
Company representatives, changed |
|
22/10/2014 |
Authorised signatories amended or new/amended vacancy text |
|
16/10/2014 |
Group Structure Change |
|
14/10/2014 |
Group Structure Change |
|
13/10/2014 |
Group Structure Change |
|
08/10/2014 |
Certificate, registered |
|
04/09/2014 |
Group Structure Change |
|
23/07/2014 |
Group annual accout, new |
|
23/07/2014 |
Annual account, new |
|
16/07/2014 |
Annual report (PDF), new |
|
18/06/2014 |
Company representatives, changed |
|
18/06/2014 |
Authorised signatories amended or new/amended vacancy text |
|
13/05/2014 |
Authorised signatories amended or new/amended vacancy text |
|
13/05/2014 |
Company representatives, changed |
|
08/01/2014 |
Group annual accout, new |
|
08/01/2014 |
Limit, increase |
|
08/01/2014 |
Annual account, new |
|
06/01/2014 |
Group Structure Change |
|
14/11/2013 |
Annual account, new |
|
14/11/2013 |
Limit, decrease |
|
14/11/2013 |
Group annual accout, new |
|
07/11/2013 |
Annual report (PDF), new |
|
24/09/2013 |
Authorised signatories amended or new/amended vacancy text |
|
24/09/2013 |
Company representatives, changed |
|
13/08/2013 |
Group Structure Change |
|
08/08/2013 |
Group Structure Change |
|
30/07/2013 |
Group Structure Change |
|
29/07/2013 |
Group Structure Change |
|
26/07/2013 |
Annual account, new |
|
26/07/2013 |
Group annual accout, new |
|
08/07/2013 |
Annual report (PDF), new |
|
06/07/2013 |
Authorised signatories amended or new/amended vacancy text |
|
03/07/2013 |
Company representatives, changed |
|
03/07/2013 |
Authorised signatories amended or new/amended vacancy text |
|
09/04/2013 |
Authorised signatories amended or new/amended vacancy text |
|
09/04/2013 |
Company representatives, changed |
|
15/01/2013 |
Authorised signatories amended or new/amended vacancy text |
|
15/01/2013 |
Company representatives, changed |
|
15/12/2012 |
Status, changed |
|
15/12/2012 |
Authorised signatories amended or new/amended vacancy text |
|
06/11/2012 |
Certificate, deregistered |
|
18/10/2012 |
Company representatives, changed |
|
18/10/2012 |
Authorised signatories amended or new/amended vacancy text |
|
05/10/2012 |
Status, changed |
|
17/07/2012 |
Annual account, new |
|
17/07/2012 |
Group annual accout, new |
|
22/06/2012 |
Annual report (PDF), new |
|
20/06/2012 |
Company representatives, changed |
|
20/06/2012 |
Board, changed |
|
20/06/2012 |
Authorised signatories amended or new/amended vacancy text |
|
08/06/2012 |
Authorised signatories amended or new/amended vacancy text |
|
08/06/2012 |
Company representatives, changed |
|
08/06/2012 |
Board, changed |
|
31/05/2012 |
Status, changed |
|
31/05/2012 |
Merge information, changed |
|
25/04/2012 |
Company representatives, changed |
|
25/04/2012 |
Authorised signatories amended or new/amended vacancy text |
|
25/04/2012 |
Board, changed |
|
24/03/2012 |
Status, changed |
|
24/03/2012 |
Merge information, changed |
|
07/03/2012 |
Company representatives, changed |
|
07/03/2012 |
Board, changed |
|
07/03/2012 |
Authorised signatories amended or new/amended vacancy text |
|
14/02/2012 |
Merge information, changed |
|
14/02/2012 |
Status, changed |
|
30/12/2011 |
Authorised signatories amended or new/amended vacancy text |
|
30/12/2011 |
Company representatives, changed |
|
30/12/2011 |
Board, changed |
|
08/12/2011 |
Status, changed |
|
08/12/2011 |
Merge information, changed |
|
04/10/2011 |
Certificate, registered |
|
23/08/2011 |
Merge information, changed |
|
23/08/2011 |
Status, changed |
|
28/07/2011 |
Annual account, new |
|
28/07/2011 |
Group annual accout, new |
|
11/07/2011 |
Annual report (PDF), new |
|
15/06/2011 |
Merge information, changed |
|
15/06/2011 |
Status, changed |
|
04/05/2011 |
Company representatives, changed |
|
04/05/2011 |
Board, changed |
|
04/05/2011 |
Limit, increase |
|
04/05/2011 |
Authorised signatories amended or new/amended vacancy text |
|
05/04/2011 |
Authorised signatories amended or new/amended vacancy text |
|
05/04/2011 |
Board, changed |
|
05/04/2011 |
Limit, decrease |
|
05/04/2011 |
Company representatives, changed |
|
29/03/2011 |
Phone number, new |
|
11/01/2011 |
Authorised signatories amended or new/amended vacancy text |
|
11/01/2011 |
Company representatives, changed |
|
11/01/2011 |
Board, changed |
|
03/01/2011 |
Certificate, deregistered |
|
23/12/2010 |
Status, changed |
|
23/12/2010 |
Merge information, changed |
|
26/11/2010 |
Board, changed |
|
26/11/2010 |
Authorised signatories amended or new/amended vacancy text |
|
26/11/2010 |
Company representatives, changed |
|
15/10/2010 |
Status, changed |
|
15/10/2010 |
Merge information, changed |
|
13/09/2010 |
Annual account, new |
|
02/09/2010 |
Board, changed |
|
02/09/2010 |
Company representatives, changed |
|
02/09/2010 |
Authorised signatory, changed |
|
01/09/2010 |
Annual report (PDF), new |
|
04/08/2010 |
Authorised signatory, changed |
|
04/08/2010 |
Board, changed |
|
04/08/2010 |
Company representatives, changed |
Status
History
No status history events for this company
Profit
and Loss
|
Financial Year |
2014 |
2013 |
2012 |
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
|
No |
No |
No |
|
Revenue |
31.966.000.000 |
34.827.000.000 |
33.933.000.000 |
|
Operating Costs |
32.146.000.000 |
32.320.000.000 |
31.490.000.000 |
|
Operating Profit |
-180.000.000 |
2.507.000.000 |
2.443.000.000 |
|
Financial Income |
32.000.000 |
14.000.000 |
64.000.000 |
|
Financial Expenses |
-47.000.000 |
-47.000.000 |
-57.000.000 |
|
Extraordinary Income |
- |
- |
- |
|
Extraordinary Costs |
- |
- |
- |
|
Profit before Tax |
-48.000.000 |
2.476.000.000 |
2.501.000.000 |
|
Tax |
-6.000.000 |
-642.000.000 |
-559.000.000 |
|
Profit after Tax |
-54.000.000 |
1.834.000.000 |
1.942.000.000 |
|
Minority Interests |
- |
- |
- |
|
Other Appropriations |
56.000.000 |
315.000.000 |
-500.000.000 |
|
Retained Profit |
2.000.000 |
2.149.000.000 |
1.442.000.000 |
Balance
Sheet
|
Financial Year |
2014 |
2013 |
2012 |
|
|
|
|
|
|
Number of Weeks |
52 |
52 |
52 |
|
Currency |
SEK |
SEK |
SEK |
|
Consolidated Accounts |
No |
No |
No |
|
Land & Buildings |
2.344.000.000 |
2.390.000.000 |
2.190.000.000 |
|
Plant & Machinery |
1.779.000.000 |
1.594.000.000 |
1.362.000.000 |
|
Other Tangible Assets |
2.136.000.000 |
1.619.000.000 |
1.409.000.000 |
|
Total Tangible Assets |
6.259.000.000 |
5.603.000.000 |
4.961.000.000 |
|
Goodwill |
176.000.000 |
292.000.000 |
424.000.000 |
|
Other Intangible Assets |
166.000.000 |
176.000.000 |
160.000.000 |
|
Total Intangible Assets |
342.000.000 |
468.000.000 |
584.000.000 |
|
Loans To Group |
- |
- |
- |
|
Other Loans |
- |
- |
- |
|
Miscellaneous Fixed Assets |
897.000.000 |
334.000.000 |
272.000.000 |
|
Total Other Fixed Assets |
897.000.000 |
334.000.000 |
272.000.000 |
|
TOTAL FIXED ASSETS |
7.498.000.000 |
6.405.000.000 |
5.817.000.000 |
|
Work In Progress |
5.151.000.000 |
4.977.000.000 |
3.189.000.000 |
|
Other Inventories |
3.563.000.000 |
3.630.000.000 |
4.211.000.000 |
|
Total Inventories |
8.714.000.000 |
8.607.000.000 |
7.400.000.000 |
|
Trade Receivables |
6.656.000.000 |
5.712.000.000 |
5.375.000.000 |
|
Group Receivables |
- |
- |
- |
|
Miscellaneous Receivables |
1.789.000.000 |
2.529.000.000 |
2.465.000.000 |
|
Total Receivables |
8.445.000.000 |
8.241.000.000 |
7.840.000.000 |
|
Cash |
207.000.000 |
605.000.000 |
2.796.000.000 |
|
Other Current Assets |
- |
- |
- |
|
TOTAL CURRENT ASSETS |
17.366.000.000 |
17.453.000.000 |
18.036.000.000 |
|
TOTAL ASSETS |
24.864.000.000 |
23.858.000.000 |
23.853.000.000 |
|
Trade Payables |
4.563.000.000 |
4.644.000.000 |
4.281.000.000 |
|
Bank Liabilities |
- |
- |
- |
|
|
- |
- |
- |
|
Miscellaneous Liabilities |
10.740.000.000 |
7.008.000.000 |
8.021.000.000 |
|
TOTAL CURRENT LIABILITIES |
15.303.000.000 |
11.652.000.000 |
12.302.000.000 |
|
Bank Liabilities Due After 1 Year |
- |
- |
- |
|
Other Loans Or Finance Due After 1 Year |
- |
- |
- |
|
Group Payables Due After 1 Year |
400.000.000 |
1.200.000.000 |
1.200.000.000 |
|
Miscellaneous Liabilities
Due After 1 Year |
2.969.000.000 |
2.461.000.000 |
2.605.000.000 |
|
TOTAL LONG TERM LIABILITIES |
3.369.000.000 |
3.661.000.000 |
3.805.000.000 |
|
TOTAL LIABILITIES |
18.672.000.000 |
15.313.000.000 |
16.107.000.000 |
|
Called Up Share Capital |
400.000.000 |
400.000.000 |
400.000.000 |
|
Share Premium |
- |
- |
- |
|
Revenue Reserves |
5.712.000.000 |
8.099.000.000 |
7.639.000.000 |
|
Other Reserves |
80.000.000 |
46.000.000 |
-293.000.000 |
|
TOTAL SHAREHOLDERS EQUITY |
6.192.000.000 |
8.545.000.000 |
7.746.000.000 |
Other
Financials
|
Contingent Liabilities |
96.000.000 |
368.000.000 |
90.000.000 |
|
Working Capital |
2.063.000.000 |
5.801.000.000 |
5.734.000.000 |
|
Net Worth |
5.850.000.000 |
8.077.000.000 |
7.162.000.000 |
Ratios
|
Pre-Tax Profit Margin |
-0.15 % |
7.11 % |
7.37 % |
|
Return On Capital Employed |
-0.12 % |
6.97 % |
6.92 % |
|
Return On Total Assets Employed |
-0.19 % |
10.38 % |
10.49 % |
|
Return On Net Assets Employed |
-0.78 % |
28.98 % |
32.29 % |
|
Sales/Net Working Capital |
15.49 |
6.00 |
5.92 |
|
Stock Turnover Ratio |
27.26 % |
24.71 % |
21.81 % |
|
Debtor Days |
76.00 |
59.86 |
57.82 |
|
Creditor Days |
52.10 |
48.67 |
46.05 |
|
Current Ratio |
1.13 |
1.50 |
1.47 |
|
Liquidity Ratio/Acid Test |
0.57 |
0.76 |
0.86 |
|
Current Debt Ratio |
2.47 |
1.36 |
1.59 |
|
Gearing |
6.46 % |
14.04 % |
15.61 % |
|
Equity In Percentage |
26.21 % |
37.06 % |
33.68 % |
|
Total Debt Ratio |
3.02 |
1.79 |
2.08 |
Share
Capital Structure
|
Issued Share Capital |
400.000.000 SEK |
Shareholders
No shareholders data for this company.
Current
Directors
|
Name |
Appointment Date |
Position |
|
|
|
|
|
Reinikkala, Veli-Matti |
17/06/2014 |
Actual Member of Board |
|
Frank Johan Söderström |
04/04/2011 |
Managing Director |
|
Ochsner, Markus Rolf |
09/04/2015 |
Actual Member of Board |
|
Sharma, Athmanatha |
21/10/2014 |
Actual Member of Board |
|
Carl-Johan Mikael Linér |
17/10/2012 |
Actual Member of Board |
|
Inga Eva-Lena Pettersson |
06/03/2012 |
Actual Member of Board |
|
Sven Peter Freyhult |
28/03/2007 |
Actual Member of Board |
|
Ulf Stefan Viking |
29/05/2009 |
Actual Member of Board |
|
Daniel Erik Ingemar Eriksson |
06/03/2012 |
Substitute |
|
Dennis André Bäckman |
23/05/2007 |
Substitute |
|
Jan Mikael Andersson |
12/05/2014 |
Substitute |
|
Per Erik Stefan Bäckström |
23/09/2013 |
Substitute |
|
Åsa Cecilia Jackson |
06/03/2012 |
Substitute |
Previous
Directors
|
Name |
Appointment Date |
Position |
Resignation Date |
|
|
|
|
|
|
Trevor, John Gregory |
03/05/2011 |
Actual Member of
Board |
09/04/2015 |
|
Lena Maria Andersson |
01/09/2010 |
Actual Member of
Board |
21/10/2014 |
|
Steel, Gary Glachan |
17/05/2004 |
Chairman of
Board |
17/06/2014 |
|
Lars Fredrik Holmgren |
29/05/2009 |
Substitute |
12/05/2014 |
|
Bo Gunnar Björkenor |
23/05/2007 |
Substitute |
02/07/2013 |
|
Helge Pontus Valdemar Petersson |
28/03/2007 |
Actual Member of
Board |
06/03/2012 |
|
Lena Kristina Eliasson |
14/02/2006 |
Substitute |
06/03/2012 |
|
Inga Eva-Lena Pettersson |
23/12/2003 |
Substitute |
06/03/2012 |
|
Sten Erik Jakobsson |
16/08/2001 |
Actual Member of
Board |
04/04/2011 |
|
Andersson, Lena Maria |
01/06/2010 |
Actual Member of
Board |
01/09/2010 |
Negative
Information
DEBT BALANCE
|
Currency |
SEK |
|
|
|
|
Number Of Private Claims |
0 |
|
Balance Of Private Claims |
0 |
|
Number Of Public Claims |
0 |
|
Balance Of Public Claims |
0 |
|
Total Balance |
0 |
RECORD OF NON PAYMENT
|
Number Of Distraint Or Repossessions |
0 |
|
Number Of Public Claims |
7 |
|
Number Of Private Claims |
4 |
|
Number Of Applications |
6 |
|
Number Of Revoked Applications |
53 |
LATEST PUBLIC CLAIM
|
Type |
Roadtraffic-tax |
|
|
|
|
Date |
2014-04-30 |
|
Amount |
245 (SEK) |
|
Currency |
SEK |
LATEST PRIVATE CLAIM
|
Date |
2015-01-28 |
|
|
|
|
Amount |
6809 (SEK) |
|
Currency |
SEK |
|
Creditor |
Momentum Industrial AB |
|
Comments |
Decision |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.00 |
|
|
1 |
Rs.99.83 |
|
Euro |
1 |
Rs.70.16 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
ANK |
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.