|
Report No. : |
303582 |
|
Report Date : |
17.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
RHM ROHSTOFF-HANDELSGESELLSCHAFT MBH |
|
|
|
|
Registered Office : |
Rheinstr. 141 D 45478 Mülheim |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
23.08.1991 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
Wholesale of iron ores, iron, steel and iron and steel semi-finished goods |
|
|
|
|
No. of Employee : |
38 |
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 – 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 |
RHM
ROHSTOFF-HANDELSGESELLSCHAFT MBH
Company
Status: active
Rheinstr. 141
D 45478 Mülheim
Telephone:0208/999240
Telefax:
0208/9992415
Homepage: www.rhm-rohstoffe.de
E-mail:
info@rhm-rohstoffe.de
VAT
no.: DE123061522
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 23.08.1991
Shareholders'
agreement: 23.08.1991
Registered on: 21.09.1994
Commercial Register: Local court 47051 Duisburg
under: HRB
15217
Share capital: EUR 10,000,000.00
Shareholder:
Dr.
Arend Oetker Holding GmbH & Co. KG
Lübecker Str. 49-55
D 23611 Bad Schwartau
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap.
EUR 17,000,000.00
contribution:
Share:
EUR 4,000,000.00
Registered on: 18.05.1981
Reg. data: 23568 Lübeck, HRA 1095 BS
Shareholder:
Bötzel Holding GmbH
Wittener Str. 168
D 58456 Witten
Legal form: Private limited company
Share capital:
EUR 1,000,000.00
Share:
EUR 4,000,000.00
Registered on: 27.07.2004
Reg. data: 44787 Bochum, HRB 8940
Shareholder:
Udo
Gustav Meynerts
D 45478 Mülheim
born: 19.05.1951
Share:
EUR 1,000,000.00
Shareholder:
Josef Heckner Holding GmbH
Nassestr.
10
D 50939 Köln
Legal form: Private limited company
Share capital:
EUR 25,000.00
Share:
EUR 1,000,000.00
Registered on: 18.11.2002
Reg. data: 50939 Köln, HRB 45408
Manager:
Udo Gustav Meynerts
D 45478 Mülheim
born: 19.05.1951
Marital
status: married
Manager:
Wilhelm Gustav Bötzel jun.
Im Pastoratsbusch 44a
D 44797 Bochum
having sole power of representation
born:
18.07.1953
Profession: Businessman
Property regime: Separation of property
Marital status: married
Proxy:
Klaus Remy
Richard-Wagner-Str. 2
D 56579 Rengsdorf
authorized to jointly represent the company
born: 09.02.1955
Proxy:
Stefan Rick
Reinshagener Str. 143
D 42857 Remscheid
authorized to jointly represent the company
born: 18.11.1958
Profession: Businessman
Further functions/participations of Udo Gustav
Meynerts (Manager)
Manager:
DRT Deutsche Rohstofftechnik GmbH
Rheinstr. 141
D 45478 Mülheim
Legal form: Private limited company
Share capital:
EUR 25,000.00
Registered
on:
15.02.2013
Reg. data: 47051
Duisburg, HRB 25199
Further functions/participations of Wilhelm
Gustav Bötzel jun.
(Manager)
Limited partner:
Schrottverwertung Lente u. Habedank GmbH &
Co. K.G.
Wittener Str. 168
D 58456 Witten
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap.
EUR 1,500,000.00
contribution:
Share:
EUR 750,000.00
Registered
on:
02.10.1986
Reg. data: 44787
Bochum, HRA 4834
Limited partner:
W. Bötzel GmbH & Co. KG
Rohstoffhandelsgesellschaft
Lärchenweg 11
D 83242 Reit im Winkl
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap.
EUR 100,000.00
contribution:
Share:
EUR 100,000.00
Registered
on:
27.11.2006
Reg. data: 83278
Traunstein, HRA 9287
Shareholder:
Metzger GmbH
Wittener Str. 170-176
D 58456 Witten
Legal form: Private limited company
Share capital:
EUR 1,250,000.00
Share:
EUR 1,250,000.00
Registered
on:
20.11.1980
Reg. data: 44787
Bochum, HRB 8729
Shareholder:
Bötzel Holding GmbH
Wittener Str. 168
D 58456 Witten
Legal form: Private limited company
Share capital:
EUR 1,000,000.00
Share:
EUR 1,000,000.00
Registered
on:
27.07.2004
Reg. data: 44787
Bochum, HRB 8940
Shareholder:
Uwe Schero GmbH
Wittener Str. 168
D 58456 Witten
Legal form: Private limited company
Share capital:
EUR 25,000.00
Share:
EUR 12,500.00
Registered
on:
10.09.2009
Reg. data: 44787
Bochum, HRB 12375
Manager:
Bötzel GmbH
Wittener Str. 170-176
D 58456 Witten
Legal form: Private limited company
Share capital:
EUR 30,000.00
Registered
on:
08.02.1980
Reg. data: 44787 Bochum, HRB 8772
Manager:
Metzger GmbH
Wittener Str. 170-176
D 58456 Witten
Legal form: Private limited company
Share
capital: EUR 1,250,000.00
Registered
on:
20.11.1980
Reg. data: 44787
Bochum, HRB 8729
Manager:
Schrottaufbereitung, Recycling und
Hafenumschlag Alfred Mandel GmbH
Uferstr. 37-39
D 45881 Gelsenkirchen
Legal form: Private limited company
Share capital:
EUR 5,000,000.00
Registered
on:
28.03.1985
Reg. data: 45879
Gelsenkirchen, HRB 1172
Manager:
Uwe Schero GmbH
Wittener Str. 168
D 58456 Witten
Legal form: Private limited company
Share capital:
EUR 25,000.00
Registered
on:
10.09.2009
Reg. data: 44787
Bochum, HRB 12375
Manager:
Lente Metall GmbH.
Wittener Str. 168
D 58456 Witten
Legal form: Private limited company
Share capital:
EUR 100,000.00
Registered
on:
09.02.2000
Reg. data: 44787
Bochum, HRB 8422
Manager:
Bötzel Holding GmbH
Wittener Str. 168
D 58456 Witten
Legal form: Private limited company
Share capital:
EUR 1,000,000.00
Registered
on:
27.07.2004
Reg. data: 44787
Bochum, HRB 8940
Manager:
RRG Rohstoff-Recycling Gelsenkirchen GmbH
Uferstr. 37-39
D 45881 Gelsenkirchen
Legal form: Private limited company
Share capital:
EUR 31,200.00
Registered
on:
09.08.1994
Reg. data: 45879
Gelsenkirchen, HRB 2057
23.08.1991 - 26.02.1992 RHM
Rohstoff-Handelsgesellschaft mbH
D 70173 Stuttgart
Private limited company
26.02.1992 - 21.09.1994 RHM
Rohstoff-Handelsgesellschaft mbH
Alteburger Str. 189
D 50968 Köln
Private limited company
Main industrial sector
46721
Wholesale of iron ores, iron, steel and iron and steel semi-finished
goods
Branch:
RHM Rohstoff-Handelsgesellschaft mbH
Richard-Wagner-Str. 2
D 56579 Rengsdorf
TEL.: 02634/921027
Limited partner:
Wilhelm Bötzel GmbH & Co. KG
Wittener Str. 170-176
D 58456 Witten
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 10,000,000.00
contribution:
Share:
EUR 10,000,000.00
Reg. data:
08.02.1980
Local court 44787 Bochum
HRA 4818
Limited partner:
Besitzgesellschaft Hafenstraße eins b GmbH
&
Co. KG
Hafenstr. 1b
D 44653 Herne
Legal form: Ltd partnership with priv.
ltd.
company as general partner
Company Status: active
Total cap. EUR 28,000.00
contribution:
Share: EUR 21,000.00
Reg.
data: 18.12.2014
Local court 44787 Bochum
HRA 7057
Shareholder:
Schrottaufbereitung, Recycling und
Hafenumschlag Alfred Mandel GmbH
Uferstr. 37-39
D 45881 Gelsenkirchen
Legal form: Private limited company
Company Status: active
Share capital: EUR
5,000,000.00
Share: EUR 5,000,000.00
Reg. data:
28.03.1985
Local court 45879 Gelsenkirchen
HRB 1172
Shareholder:
HSS-Beteiligungsgesellschaft mbH
Rheinstr. 141
D 45478 Mülheim
Legal form: Private limited company
Company Status: active
Share capital: EUR 200,000.00
Share: EUR 160,000.00
Reg. data:
11.09.2012
Local court 47051 Duisburg
HRB 24804
Shareholder:
MAI Metal Alloy Impex GmbH
Rheinstr. 125
D 45478 Mülheim
Legal form: Private limited company
Company Status: active
Share capital: EUR 100,000.00
Share: EUR 100,000.00
Reg. data:
07.11.2013
Local
court 47051 Duisburg
HRB 25937
Shareholder:
HKM Rohstoffhandel GmbH
Ehinger Str. 200
D 47259 Duisburg
Legal form: Private limited company
Company Status: active
Share capital: EUR 100,000.00
Share: EUR 49,000.00
Reg. data:
03.06.2003
Local court 47051 Duisburg
HRB 16368
Shareholder:
Bötzel GmbH
Wittener Str. 170-176
D 58456 Witten
Legal form: Private limited company
Company Status: active
Share capital: EUR 30,000.00
Share: EUR 30,000.00
Reg. data: 08.02.1980
Local court 44787 Bochum
HRB 8772
Shareholder:
ProGENF IP GmbH
Major-Hirst-Str. 11
D 38442 Wolfsburg
Legal form: Private limited company
Company Status: active
Share capital: EUR 100,000.00
Share: EUR 30,000.00
Reg. data:
03.06.2011
Local court 38100 Braunschweig
HRB 203046
Shareholder:
Kösling Metalle GmbH
Hafenstr. 1b
D 44653 Herne
Legal form: Private limited company
Company Status: active
Share capital: EUR 26,000.00
Share: EUR 19,500.00
Reg. data:
15.04.2014
Local court 44787 Bochum
HRB 14925
Shareholder:
Verwaltungsgesellschaft
Hafenstraße eins b
mbH
Hafenstr. 1b
D 44653 Herne
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 18,750.00
Reg. data:
17.12.2014
Local court 44787 Bochum
HRB 15246
Shareholder:
DRT Deutsche Rohstofftechnik GmbH
Rheinstr. 141
D 45478 Mülheim
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Reg. data:
15.02.2013
Local
court 47051 Duisburg
HRB 25199
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
BALANCE SHEET YEAR: 2012
Type of ownership: Tenant
Address Rheinstr.
141
D 45478 Mülheim
Real Estate of: Udo
Gustav Meynerts
Type of ownership: Tenant
Address
D 40699 Erkrath
Real Estate of: Wilhelm
Gustav Bötzel jun.
Type of ownership: Tenant
Address Im
Pastoratsbusch 44a
D 44797 Bochum
Land register documents were not available.
Principal bank
UNICREDIT BANK - HYPOVEREINSBANK, 50443 KÖLN
Sort. code: 37020090, Account no.: 3718034
BIC: HYVEDEMM429
Turnover: 2014 EUR 178,400,000.00
Equipment: EUR 1,722,355.00
Ac/ts receivable: EUR
25,113,031.00
Liabilities: EUR 34,601,700.00
Employees: 38
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity
ratio [%]: 43.47
Liquidity ratio: 0.73
Return on total capital [%]: 2.44
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 43.05
Liquidity ratio: 0.68
Return on total capital [%]: 4.20
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 43.87
Liquidity ratio: 0.78
Return on total capital [%]: 8.93
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
BALANCESHEET
FINANCIAL YEAR: 01.01.2012
- 31.12.2012
ASSETS
EUR 65,266,643.69
Fixed assets EUR 30,397,663.99
Intangible assets EUR
2,632.00
Concessions, licences, rights EUR 2,632.00
Tangible assets EUR
7,351,757.63
Land / similar rights EUR
2,758,325.00
Plant / machinery EUR
1,995,275.00
Other tangible assets / fixtures and
fittings EUR 1,722,355.00
Advance payments made / construction
in progress EUR 875,802.63
Financial assets EUR
23,043,274.36
Shares in participations /
subsidiaries and the like EUR 23,043,274.36
Shares in related companies EUR
22,951,774.36
Shares in investee companies EUR 91,500.00
Current assets EUR 34,818,634.42
Stocks EUR 9,516,797.60
Finished goods / work in progress EUR 9,516,797.60
Accounts receivable EUR
25,113,030.98
Other debtors and assets EUR
25,113,030.98
Liquid means EUR 188,805.84
Remaining other assets EUR 50,345.28
Accruals (assets) EUR
7,914.28
thereof disagio EUR 7,914.28
Active difference from asset
offsetting EUR 42,431.00
LIABILITIES
EUR 65,266,643.69
Shareholders' equity EUR 28,370,682.54
Capital EUR 10,000,000.00
Subscribed capital (share capital) EUR
10,000,000.00
Balance sheet profit/loss (+/-) EUR
18,370,682.54
Profit / loss brought forward EUR 16,776,592.94
Annual surplus / annual deficit EUR 1,594,089.60
Provisions EUR 2,093,061.00
Provisions for taxes EUR
287,982.00
Other / unspecified provisions EUR 1,805,079.00
Liabilities EUR 34,601,700.15
Financial debts EUR
17,526,679.38
Liabilities due to banks EUR 17,526,679.38
Other liabilities EUR 17,075,020.77
Trade creditors (for IAS incl. bills
of exchange) EUR 7,288,798.58
Liabililties due to related companies EUR 2,158,337.83
Liabilities due to investee companies EUR 1,403,373.39
Unspecified other liabilities EUR 6,224,510.97
thereof liabilities from tax /
financial authorities EUR 54,107.32
thereof liabilities from social
security EUR 5,017.22
Other liabilities EUR
201,200.00
Deferred taxes (not included under
provisions/liabilities) EUR 201,200.00
PROFIT AND LOSS ACCOUNT (cost-summary
method) according to Comm.
Code (HGB)
Sales EUR 178,380,498.97
Inventory change + own costs (+/-) EUR 610,761.50
Inventory change (+/-) EUR
610,761.50
Other operating income EUR 1,189,411.10
Cost of materials EUR
167,713,516.85
Raw materials and supplies, purchased
goods EUR 162,091,051.30
Purchased services EUR
5,622,465.55
Gross result (+/-) EUR
12,467,154.72
Staff expenses EUR 3,065,511.28
Total depreciation EUR
1,534,783.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 1,534,783.00
Other operating expenses EUR 6,732,795.23
Operating result from continuing
operations EUR 1,134,065.21
Result from participating interests
(+/-) EUR 1,859,193.02
Expenses / income from participations EUR 1,859,193.02
Income from related companies EUR 1,859,193.02
Interest result (+/-) EUR -1,190,366.05
Interest and similar income EUR 66,048.55
thereof from related companies EUR 26,638.00
Interest and similar expenses EUR 1,256,414.60
thereof paid to related companies EUR 80,568.03
Financial result (+/-) EUR
668,826.97
Result from ordinary operations (+/-) EUR 1,802,892.18
Income tax / refund of income tax (+/-) EUR -221,343.76
Other taxes / refund of taxes EUR 12,541.18
Tax (+/-) EUR -208,802.58
Annual surplus / annual deficit EUR 1,594,089.60
TYPE
OF BALANCE SHEET: COMPANY BALANCE SHEET
FINANCIAL
YEAR: 01.01.2011 - 31.12.2011
ASSETS EUR 62,194,675.66
Fixed assets EUR 30,659,565.36
Intangible assets EUR
6,142.00
Concessions, licences, rights EUR 6,142.00
Tangible assets EUR
7,770,149.00
Land / similar rights EUR
3,046,388.00
Plant / machinery EUR
2,888,595.00
Other tangible assets / fixtures and
fittings EUR 1,835,166.00
Financial assets EUR
22,883,274.36
Shares in participations /
subsidiaries and the like EUR 22,883,274.36
Shares in related companies EUR
22,791,774.36
Shares in investee companies EUR 91,500.00
Current assets EUR 31,478,773.13
Stocks EUR 8,871,314.80
Raw materials, consumables and
supplies EUR 42,100.00
Finished goods / work in progress EUR 8,829,214.80
Accounts receivable EUR
22,501,521.51
Amounts due from shareholders EUR 2,000.00
Trade debtors EUR
14,350,874.66
Amounts due from related companies EUR 7,186,428.18
Other debtors and assets EUR 962,218.67
Liquid means EUR 105,936.82
Remaining other assets EUR 56,337.17
Accruals (assets) EUR
16,115.17
thereof disagio EUR
16,115.17
Active difference from asset
offsetting EUR 40,222.00
LIABILITIES EUR 62,194,675.66
Shareholders' equity EUR
26,776,592.94
Capital EUR 10,000,000.00
Subscribed capital (share capital) EUR
10,000,000.00
Balance sheet profit/loss (+/-) EUR
16,776,592.94
Profit / loss brought forward EUR
14,162,166.12
Annual surplus / annual deficit EUR 2,614,426.82
Provisions EUR 1,883,180.00
Provisions for taxes EUR
187,119.00
Other / unspecified provisions EUR 1,696,061.00
Liabilities EUR 33,120,702.72
Financial debts EUR
13,470,873.94
Liabilities due to banks EUR 13,470,873.94
Other liabilities EUR
19,649,828.78
Trade creditors (for IAS incl. bills
of exchange) EUR 10,169,236.78
Liabilities due to shareholders EUR 0.00
Liabililties due to related companies EUR 3,052,504.93
Liabilities due to investee companies EUR 660,508.71
Unspecified other liabilities EUR 5,767,578.36
thereof liabilities from tax /
financial authorities EUR 71,598.66
thereof liabilities from social
security EUR 5,180.62
Other liabilities EUR
414,200.00
Deferred taxes (not included under
provisions/liabilities) EUR 414,200.00
PROFIT AND LOSS ACCOUNT (cost-summary
method) according to Comm.
Code (HGB)
Sales EUR 207,718,585.28
Inventory change + own costs (+/-) EUR 3,779,755.27
Inventory change (+/-) EUR
3,779,755.27
Other operating income EUR 594,325.32
Cost of materials EUR
198,451,439.78
Raw materials and supplies, purchased
goods EUR 192,952,352.87
Purchased services EUR
5,499,086.91
Gross result (+/-) EUR
13,641,226.09
Staff expenses EUR 3,226,929.25
Wages and salaries EUR
2,798,502.16
Social security contributions and
expenses for pension plans and
benefits EUR 428,427.09
Total depreciation EUR
1,540,960.45
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 1,540,960.45
Other operating expenses EUR 6,720,990.56
Operating result from continuing
operations EUR 2,152,345.83
Result from participating interests
(+/-) EUR 2,345,846.29
Expenses / income from participations EUR 2,345,846.29
Income from related companies EUR 2,345,846.29
Interest result (+/-) EUR
-1,228,276.16
Interest and similar income EUR 30,651.91
thereof from related companies EUR 21,929.00
Interest and similar expenses EUR 1,258,928.07
thereof paid to related companies EUR 86,562.74
Financial result (+/-) EUR
1,117,570.13
Result from ordinary operations (+/-) EUR 3,269,915.96
Income tax / refund of income tax (+/-) EUR -558,857.57
Other taxes / refund of taxes EUR -96,631.57
Tax (+/-) EUR -655,489.14
Annual
surplus / annual deficit EUR 2,614,426.82
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 61.89 |
|
|
1 |
Rs. 93.92 |
|
Euro |
1 |
Rs. 72.00 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ASH |
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.