|
Report No. : |
304105 |
|
Report Date : |
27.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
KELLNER & KUNZ AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Boschstraße 37, A-4600 Wels |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Year of Incorporation : |
1922 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
535 |
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) |
|
Austria |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
AUSTRIA ECONOMIC OVERVIEW
Austria, with its well-developed market economy, skilled labor force, and high standard of living, is closely tied to other EU economies, especially Germany's. Its economy features a large service sector, a sound industrial sector, and a small, but highly developed agricultural sector. Following several years of solid foreign demand for Austrian exports and record employment growth, the international financial crisis of 2008 and subsequent global economic downturn led to a sharp but brief recession. Austrian GDP contracted 3.8% in 2009 but saw positive growth of about 2% in 2010 and 2.7% in 2011. Growth fell to 0.6% in 2012. Unemployment did not rise as steeply in Austria as elsewhere in Europe, partly because the government subsidized reduced working hour schemes to allow companies to retain employees. The 2012 unemployment rate of 4.3% was the lowest within the EU. Stabilization measures, stimulus spending, and an income tax reform pushed the budget deficit to 4.5% in 2010 and 2.6% in 2011, from only about 0.9% in 2008. The international financial crisis of 2008 caused difficulties for Austria's largest banks whose extensive operations in central, eastern, and southeastern Europe faced large losses. The government provided bank support - including in some instances, nationalization - to support aggregate demand and stabilize the banking system. Austria's fiscal position compares favorably with other euro-zone countries, but it faces external risks, such as Austrian banks' continued exposure to Central and Eastern Europe as well as political and economic uncertainties caused by the European sovereign debt crisis. In 2011 the government attempted to pass a constitutional amendment limiting public debt to 60% of GDP by 2020, but it was unable to obtain sufficient support in parliament and instead passed the measure as a simple law. In March 2012, the Austrian parliament approved an austerity package consisting of a mix of expenditure cuts and new revenues that will bring public finances into balance by 2016. In 2012, the budget deficit rose to 3.1% of GDP.
|
Source
: CIA |
|
Company name: |
KELLNER
& KUNZ AKTIENGESELLSCHAFT |
|
Status: |
active company |
|
Locations: |
Boschstraße 37, A-4600 Wels |
|
Phone: |
0043 (7242) 484 |
|
Fax: |
0043 (7242) 484 - 920 |
|
E-mail: |
|
|
E-mail: |
|
|
Internet: |
|
|
Activities: |
Önace 46740 25% Wholesale of hardware, plumbing and
heating equipment and supplies |
|
|
Önace 46690 25% Wholesale of other machinery and equipment |
|
|
Önace 46620 20% Wholesale of machine tools |
|
|
Önace 47789 15% Other retail sale of new goods n.e.c. in
specialised stores |
|
|
Önace 46520 15% Wholesale of electronic and telecommunications
equipment and parts |
|
|
|
|
Detail Assessment: |
Payments are sometimes made using cash discounts or
according to conditions. |
|
|
Financial situation is very good. |
|
Year of incorporation: |
1922 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Wholesale and retail trade; repair of motor vehicles |
|
||||
|
Legal form: |
joint stock company since 1973-07-03 |
|
||||
|
companies' house number: |
FN 120036 z Wels 1973-07-27 |
|
||||
|
Trade names: |
Reca |
|
||||
|
ARA-number: |
2305 |
|
||||
|
VAT number: |
ATU 16380002 |
|
||||
|
number - Austrian National Bank: |
24350 |
|
||||
|
|
|
|||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
European Union |
|
2015 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
Bosnia Herzegovina |
|
2015 |
|
|
Export |
Bulgaria |
|
2015 |
|
|
Export |
Croatia |
|
2015 |
|
|
Export |
Czech Republic |
|
2015 |
|
|
Export |
Greece |
|
2015 |
|
|
Export |
Hungary |
|
2015 |
|
|
Export |
Poland |
|
2015 |
|
|
Export |
Rumania |
|
2015 |
|
|
Export |
Serbien |
|
2015 |
|
|
Export |
Slovak Republic |
|
2015 |
|
|
Export |
Slovenia |
|
2015 |
|
|
Export |
Turkey |
|
2015 |
|
|
total turnover (total sales) |
2014 |
EUR 125.200.000,00 |
(estimated) |
|
total turnover (total sales) |
2013 |
EUR 125.199.068,07 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR 121.164.507,63 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 111.397.765,00 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 93.064.706,02 |
(exact) |
|
turnover (sales) - including subsidiaries |
2013 |
EUR 161.000.000,00 |
(approx.) |
|
turnover (sales) - including subsidiaries |
2012 |
EUR 158.800.000,00 |
(approx.) |
|
turnover (sales) - including subsidiaries |
2011 |
EUR 146.500.000,00 |
(approx.) |
|
turnover (sales) - including subsidiaries |
2010 |
EUR 123.600.000,00 |
(approx.) |
|
turnover (sales) - including subsidiaries |
2009 |
EUR 110.000.000,00 |
(approx.) |
|
total employees |
2015 |
535 |
(approx.) |
|
total stock |
2015 |
EUR 15.500.000,00 |
(approx.) |
|
total investments |
2013 |
EUR 6.634.254,22 |
(exact) |
|
total company vehicles |
2015 |
250 |
(approx.) |
|
firm
(style): |
|
1
Kellner & Kunz Aktiengesellschaft |
|
legal
form: |
|
1
Aktiengesellschaft |
|
registered
office: |
|
29
politischer Gemeinde Wels |
|
business
adress: |
|
29
Boschstraße 37 |
|
capital: |
|
29
EUR 6.000.000 |
|
reference
date annual accounts: |
|
1
31. Dezember |
|
annual
accounts: |
|
31
zum 31.12.2013 eingereicht am 24.04.2014 |
|
power
of representation: |
|
1
Die Gesellschaft wird, wenn
mehrere Vorstandsmitglieder |
|
other
provisions: |
|
29
Der Vorstand besteht aus ein, zwei, drei, vier oder fünf |
|
board
of directors: |
|
J
Mag. Ernst Wiesinger, geb. 08.06.1962 |
|
proxy: |
|
N
Mag. Harald Mager, geb. 19.06.1969 |
|
supervisory
board: |
|
K
Dr. Harald Unkelbach, geb. 10.04.1947 |
|
general
table: |
|
Handelsgericht Wien |
|
Registration number of real
estate 1900 Cadastral register 51224 Pernau O
Number and date of entry 1941/2007 Status of
2014-05-08 |
|
Part
A - type of real estate : |
|
GST-NR
G BA (NUTZUNG)
FLÄCHE GST-ADRESSE |
|
Part
B - ownership details : |
|
3 ANTEIL: 1/1 |
|
Part
C - registered charges : |
|
5
gelöscht |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as
registered in the companies' house) |
|
Mag. Harald Mager |
1969-06-19 |
4591 Molln Schmiedstraße 22 |
joint signing clerk |
0 |
|
Alexander Oberndorfer |
1963-05-06 |
4600 Wels Boschstraße 35-37(c/o) |
joint signing clerk |
0 |
|
Ing. Armin Marcus Schneeberger |
1971-03-26 |
4600 Wels Rainerstraße 3 |
joint signing clerk |
0 |
|
Mag. Ernst Wiesinger |
1962-06-08 |
4074 Stroheim Stroheim 50 |
chairman of the executive board |
0 |
|
Walter Bostelmann |
1971-06-18 |
4600 Wels Spitzwegstraße 7 |
member of the executive board |
0 |
|
Mag. Astrid Siegel |
1965-12-01 |
4060 Leonding Gaumbergstraße 16 |
member of the executive board |
0 |
|
Joachim Kaltmaier |
1962-01-22 |
70184 Stuttgart Hackländerstraße 19 |
chairman of the supervisory board |
2 |
|
Mag. Helmut Nesyba |
1964-03-25 |
1220 Wien Pastinakweg 16 |
deputy chairman of the supervisory board |
4 |
|
Ulrich Häfele |
1952-06-30 |
74653 Künzelsau Gaisbach Sternwiesen 26 |
member of the supervisory board |
0 |
|
Dr. Harald Unkelbach |
1947-04-10 |
74676 Niedernhall Mainzerstraße 4 |
member of the supervisory board |
0 |
|
Horst Kamleitner |
|
1230 Wien Großmarktstraße 14 (c/o) |
head of accounting |
0 |
|
Walter Bostelmann |
|
1230 Wien Großmarktstraße 14(c/o) |
head of purchasing, head of sales |
0 |
|
Otto Haller |
|
1230 Wien Großmarktstraße 14(c/o) |
head of EDP |
0 |
(absolute) all amounts in EUR
|
|
2013-12-31 |
|
|
|
|
|
Intangible assets |
147.514,11 |
|
|
|
|
|
Sum intangible assets |
147.514,11 |
|
|
|
|
|
|
|||||
|
Land and leasehold rights with buildings thereon including
building on land owned by third parties |
24.882.263,44 |
|
|
|
|
|
Other operating and business equipment |
11.851.841,62 |
|
|
|
|
|
Advanced payments and constructions in progress |
473.898,44 |
|
|
|
|
|
Sum tangible assets |
37.208.003,50 |
|
|
|
|
|
|
|||||
|
Shares on related firms |
6.417.391,99 |
|
|
|
|
|
Loans to related firms |
280.647,00 |
|
|
|
|
|
Other financial assets, values and securities of fixed
assets |
628.805,28 |
|
|
|
|
|
Sum financial assets |
7.326.844,27 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
44.682.361,88 |
|
|
|
|
|
|
|||||
|
Raw-, auxiliary materials and supplies |
762.248,00 |
|
|
|
|
|
Finished products |
14.614.705,38 |
|
|
|
|
|
Sum stock |
15.376.953,38 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
8.699.290,71 |
|
|
|
|
|
Claims against related firmes Claims against companies
with shareholding relationship |
2.988.652,73 |
|
|
|
|
|
Other claims and assets |
849.930,82 |
|
|
|
|
|
Sum claims |
12.537.874,26 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
269.237,31 |
|
|
|
|
|
Sum cash and bank |
269.237,31 |
|
|
|
|
|
|
|||||
|
Sum current assets |
28.184.064,95 |
|
|
|
|
|
|
|||||
|
Deferred charges |
155.811,04 |
|
|
|
|
|
Sum deferred charges |
155.811,04 |
|
|
|
|
|
Assets |
73.022.237,87 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
6.000.000,00 |
|
|
|
|
|
Committed capital reserves |
2,56 |
|
|
|
|
|
Legal reserves |
600.000,00 |
|
|
|
|
|
Free reserves |
9.689.340,99 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
33.398.737,97 |
|
|
|
|
|
Thereof profit/loss carried forward |
28.274.364,64 |
|
|
|
|
|
Sum equity capital |
49.688.081,52 |
|
|
|
|
|
|
|||||
|
Other reserves before taxes |
31.518,23 |
|
|
|
|
|
Sum reserves before taxes |
31.518,23 |
|
|
|
|
|
|
|||||
|
Reserves for severance pays |
3.404.706,00 |
|
|
|
|
|
Other reserves |
2.502.416,00 |
|
|
|
|
|
Sum reserves |
5.907.122,00 |
|
|
|
|
|
|
|||||
|
Liabilities from delivered goods and performed services |
5.191.753,79 |
|
|
|
|
|
Liabilities against related firms |
8.719.903,12 |
|
|
|
|
|
Other liabilities |
3.483.859,21 |
|
|
|
|
|
Sum liabilities |
17.395.516,12 |
|
|
|
|
|
|
|||||
|
Liabilities |
73.022.237,87 |
|
|
|
|
|
|
|||||
|
Contingent liabilities |
6.567,03 |
|
|
|
|
|
Balance sheet sum |
73.022.237,87 |
|
|
|
|
(absolute) all amounts in EUR
|
|
2013-12-31 |
|
|
|
|
|
Gross sales |
125.199.068,07 |
|
|
|
|
|
Total turnover or gross profit |
125.199.068,07 |
|
|
|
|
|
|
|||||
|
Profits from retirement of fixed assets, except financial
assets |
2.183,33 |
|
|
|
|
|
Other operating profits |
2.141.738,62 |
|
|
|
|
|
Other operating profits totally |
2.143.921,95 |
|
|
|
|
|
|
|||||
|
Costs for obtained services |
-1.648.760,67 |
|
|
|
|
|
Material costs |
-70.316.624,37 |
|
|
|
|
|
Costs for obtained services totally |
-71.965.385,04 |
|
|
|
|
|
|
|||||
|
Wages |
-1.921.934,58 |
|
|
|
|
|
Salaries |
-20.271.553,37 |
|
|
|
|
|
Costs for severance pays |
-311.541,28 |
|
|
|
|
|
Legal fringe benefits and other payments depending on
salaries |
-6.637.818,59 |
|
|
|
|
|
Other social fringe benefits |
-237.047,36 |
|
|
|
|
|
Personnel expenses totally |
-29.379.895,18 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible
assets,activated expenses for the set up and expansion of business
operation |
-2.274.409,45 |
|
|
|
|
|
Depreciation tangible assets / intangible assets
totally |
-2.274.409,45 |
|
|
|
|
|
|
|||||
|
Other operating costs |
-14.410.120,96 |
|
|
|
|
|
Other taxes |
-291.146,80 |
|
|
|
|
|
Total costs |
-14.701.267,76 |
|
|
|
|
|
|
|||||
|
Operating result totally |
9.022.032,59 |
|
|
|
|
|
|
|||||
|
Profits from shareholdings |
307.501,97 |
|
|
|
|
|
Income from other securities and loans of financial
assets |
18.145,24 |
|
|
|
|
|
Interest income, securties income and similar income |
42.519,53 |
|
|
|
|
|
Disbursements from other financial assets and from
securities of current assets (e.g. depreciations) |
-1.884.420,48 |
|
|
|
|
|
Interest and similar disbursements |
-88.892,90 |
|
|
|
|
|
Financial profits totally |
-1.605.146,64 |
|
|
|
|
|
|
|||||
|
Results from usual business activity
totally |
7.416.885,95 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-2.237.677,21 |
|
|
|
|
|
Taxes on income and profits totally |
-2.237.677,21 |
|
|
|
|
|
Annual surplus/annual deficit totally |
5.179.208,74 |
|
|
|
|
|
|
|||||
|
Dissolution reserves before taxes |
64,59 |
|
|
|
|
|
Transfer to profit reserves |
-54.900,00 |
|
|
|
|
|
Reserves movements totally |
-54.835,41 |
|
|
|
|
|
Annual profit/annual loss
totally |
5.124.373,33 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
28.274.364,64 |
|
|
|
|
|
Transfer of profits totally |
28.274.364,64 |
|
|
|
|
|
B/S profit/ B/S loss from profit and
loss account |
33.398.737,97 |
|
|
|
|
|
|
2013 |
|
|
|
|
|
|
Cash flow II |
7.453.618,19 |
|
|
|
|
|
|
Debt amortisation period |
3,09 |
|
|
|
|
|
|
Bank indebtedness |
0,00 |
|
|
|
|
|
|
Equity capital share |
68,08 |
|
|
|
|
|
|
Social capital share |
4,66 |
|
|
|
|
|
|
Fixed assets coverage |
118,89 |
|
|
|
|
|
|
Net profit ratio |
5,92 |
|
|
|
|
|
|
Capital turnover |
1,71 |
|
|
|
|
|
|
Return on investment |
10,27 |
|
|
|
|
|
|
Cash flow in % of operating performance |
5,95 |
|
|
|
|
|
|
Cash flow I |
9.691.295,40 |
|
|
|
|
|
|
Gross productivity |
4,26 |
|
|
|
|
|
|
Net productivity |
1,81 |
|
|
|
|
|
|
Operating performance |
125.199.068,07 |
|
|
|
|
|
|
Inventories in % of operating performance |
12,28 |
|
|
|
|
|
|
Gross profit |
53.233.683,03 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Boschstraße 37, A-4600 Wels |
registered office |
|
|
|
|
|
operational |
Großmarktstraße 14, A-1230 Wien |
registered branch office |
|
|
|
|
|
operational |
Gradnerstraße 96, A-8055 Graz Puntigam |
registered branch office |
|
|
|
|
|
operational |
Boschstraße 37, A-4600 Wels, (Zentrale,
Logistikzentrum) |
registered headquarters, owned property |
|
|
|
wels@reca.co.at info@reca.co.at |
|
operational |
Wirtschaftspark 11, A-9130 Poggersdorf |
branch office, rented premises |
|
|
|
klagenfurt@reca.co.at |
|
operational |
Eduard Bodemgasse 2, A-6020 Innsbruck |
branch office, rented premises |
|
|
|
innsbruck@reca.co.at |
|
operational |
Vogelweiderstraße 115, A-5020 Salzburg |
branch office, rented premises |
|
|
|
salzburg@reca.co.at |
|
operational |
Gradnerstraße 96, A-8055 Graz Puntigam |
secondary branch |
|
|
|
|
|
operational |
Großmarktstraße 14, A-1230 Wien |
secondary branch, owned property |
|
|
|
|
|
former |
Großmarktstraße 14, A-1230 Wien |
registered office |
|
|
|
|
|
former |
Großmarktstraße 14, A-1230 Wien |
registered office |
|
|
|
|
|
former |
Boschstraße 35 und 37, A-4600 Wels |
registered branch office |
|
|
|
|
|
former |
Grillweg 24, A-8053 Graz Neuhart |
registered branch office |
|
|
|
|
|
former |
Rosentalerstraße 92, A-9020 Klagenfurt |
branch office |
|
|
|
|
|
former |
Grillweg 24, A-8053 Graz Neuhart |
secondary branch |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
KSV-number |
Companies House |
|
Shares in this company are
held by: |
||||
|
Grass GmbH |
Grassplatz 1, A-6973 Höchst |
99 % |
47.060 |
FN 69397 f |
|
Würth International AG |
Aspermontstrasse 1, CH-7000 Chur GR |
1 % |
1.404.233 |
|
|
|
||||
|
This company holds 50% to 99%
of the shares in: |
||||
|
SCHMID SCHRAUBEN HAINFELD GmbH |
Landstal 10, A-3170 Hainfeld |
99.8 % 2005-04-22 |
530.099 |
FN 97084 x |
|
|
||||
|
Affiliated companies and
further participations: |
||||
|
Würth Handelsgesellschaft m.b.H. |
Würthstraße 1, A-3071 Böheimkirchen |
|
60.245 |
FN 51475 z |
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
Allgemeine Sparkasse Oberösterreich Bankaktienges., 4041
Linz |
20320 |
main bank connection |
|
UniCredit Bank Austria AG, 1011 Wien |
12000 |
secondary banking connection |
|
Oberbank AG, 4010 Linz |
15000 |
secondary banking connection |
|
Year of incorporation: |
1922 |
|
Date of registration: |
1973-07-27 |
|
Change in share capital |
||
|
From |
To |
Capital |
|
|
2002-04-08 |
ATS 75.000.000,00 |
|
2002-04-08 |
2013-07-16 |
EUR 5.451.000,00 |
|
2013-07-16 |
|
EUR 6.000.000,00 |
|
Former executives |
|||
|
From |
To |
Function |
Name |
|
|
2006-01-27 |
joint signing clerk |
Friedrich Wildberger |
|
|
2008-03-28 |
joint signing clerk |
Manfred Lettner |
|
2005-03-05 |
2010-12-02 |
joint signing clerk |
Walter Bostelmann |
|
2000-02-25 |
2004-03-09 |
member of the supervisory board |
Günter Theurer |
|
|
2009-11-21 |
joint signing clerk |
Othmar Haidenthaller |
|
|
2000-02-25 |
member of the executive board |
Otto Beilharz |
|
1999-03-04 |
2000-02-25 |
deputy chairman of the supervisory board |
Günter Theurer |
|
2000-02-25 |
2006-03-14 |
deputy chairman of the supervisory board |
Otto Beilharz |
|
|
1999-03-04 |
member of the supervisory board |
Günter Theurer |
|
|
2006-01-27 |
member of the executive board |
Karl Eder |
|
2010-04-29 |
2012-05-04 |
chairman of the supervisory board |
Karl Eder |
|
2006-03-14 |
2010-04-29 |
deputy chairman of the supervisory board |
Karl Eder |
|
|
2010-04-29 |
chairman of the supervisory board |
Peter Kobetitsch |
|
1994-09-29 |
1998-05-05 |
deputy chairman of the supervisory board |
Hans Pronk |
|
|
1902-02-02 |
member of the supervisory board |
Hans Pronk |
|
|
2008-12-24 |
member of the supervisory board |
Gerhard Knoblauch |
|
2010-04-29 |
2012-05-04 |
member of the supervisory board |
Joachim Kaltmaier |
|
2004-03-09 |
2014-05-03 |
member of the supervisory board |
Peter Schneider |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
1996-03-16 |
2003-01-18 |
Hommel + Seitz Gesellschaft m.b.H. |
|
2009-05-19 |
2009-06-10 |
"Normfest" Austria Gesellschaft m.b.H. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.50 |
|
|
1 |
Rs.92.16 |
|
Euro |
1 |
Rs.69.62 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.