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Report No. : |
316722 |
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Report Date : |
02.05.2015 |
IDENTIFICATION DETAILS
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Name : |
UNITED NATIONS CHILDRENS FUND |
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Registered Office : |
Oceanvej 10, 2150 Nordhavn, Municipality/County Copenhagen/Hovedstaden |
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Country : |
Denmark |
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Year of Establishment : |
1954 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Foreign company |
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Line of Business : |
Activities of extraterritorial organizations and bodies which covers advocating
children rights actively in more than 190 countries, territories and areas
through country programmers and National Committees. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Foreign Registered Company |
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Payment Behaviour : |
Unknown |
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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, has since continued to decline. The global financial crisis has exacerbated this cyclical slowdown through increased borrowing costs and lower export demand, consumer confidence, and investment. The global financial crisis cut Danish real GDP in 2008-09. Denmark made a modest recovery in 2010 with real GDP growth of 1.3%, 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 2010-12, 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. 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 45% of GDP in 2012. 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 |
Company ID
Company name United Nations Childrens Fund
Address Oceanvej 10
2150 Nordhavn
Municipality/County Copenhagen/Hovedstaden
Phone-no. +45 35 27 35 27
Web www.unicef.org
CVR-no. 34529809
Legal form Foreign company
Company Status Active
Established 1954
Employees 0
Activity (trade) 99.00.00 Activities of extraterritorial
organisations and bodies which covers
advocating children rights actively in more than 190 countries, territories and areas through country programmes and National Committees.
Public record information
Mortgage moveable pr None
Payment remarks
Official registr. None
Payment remarks None
Payment profile
-----------------------------------------------------------------------------
Tabel 1: Date
of measuring: December 2014
The business's Time of payment
mode of payment Days exceeding agreement
in relation to 3 mth 12 mth
24 mth
payment custom
---------------------------------------------------------------------
The business's time of payment
N/A N/A
N/A
Upper Quartile, Danish companies
0,00 0,00
0,00
Median, Danish companies
0,00 0,31
0,27
Lower Quartile, Danish companies
0,68 1,59
1,33
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Table 2: Month Total Within Outside
The business's From date exp. agreem. agreement
payment time ------------------------------------------------------------
0 1-7 8-29 30-59 60-89 90 -
days days days days days days
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1 - 3
2 2 0 0 0 0 0
4 - 6
0 0 0 0 0 0 0
7 - 12 0
0 0 0 0 0 0
1 - 12 2
2 0 0 0 0 0
13 - 24 0
0 0 0 0 0 0
---------------------------------------------------------------------------
Table 3: Interval Total Within Outside
The business's exp. agreem. agreement
mode of payment
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divid. in amount 1.000 0 1-7 8-29 30-59
60-89 90 -
last 12 months DKK days days
days days days days
---------------------------------------------------------------------------
100 - 0
0 0 0 0 0 0
25 - 99 0
0 0 0 0 0 0
10 - 24 0
0 0 0 0 0 0
1 - 9
2 2 0 0 0 0 0
0 - 1
0 0 0 0 0 0 0
---------------------------------------------------------------------------
Corporate
Structure
Parent company None
Subsidiaries None
Financial data
Financial data No financial status available for the business.
Financial statements are not publicly available.
On direct application the business did not want
to give us any information about its financial
position.
Property
Property We have no information as to
whether
United Nations Childrens Fund
owns real estate.
Credit Facilities
Credit facilities The business does not want to give us
the name of
its bankers.
Historical Data
Established 1954
Popular names UNICEF
Export - Import
Events
Below you will find a presentation of the
registered events for the company for the latest
six months, a maximum of 25 events are shown.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.63.58 |
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UK Pound |
1 |
Rs.97.99 |
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Euro |
1 |
Rs.70.53 |
INFORMATION DETAILS
|
Report Prepared
by : |
NIT |
RATING EXPLANATIONS
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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.