|
Report No. : |
321377 |
|
Report Date : |
11.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
CONROP, S.R.O. |
|
|
|
|
Registered Office : |
Hlučínská 93/7 747 23 Bolatice |
|
|
|
|
Country : |
Czech Republic |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
21.09.2011 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture of great-volume sacks, of container inlays and
great-volume silos. |
|
|
|
|
No. of Employee : |
350 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Czech Republic |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CZECH REPUBLIC ECONOMIC OVERVIEW
The Czech Republic is a stable and prosperous market economy closely integrated with the EU, especially since the country's EU accession in 2004. The auto industry is the largest single industry, and, together with its upstream suppliers, accounts for nearly 24% of Czech manufacturing. The Czech Republic produced more than a million cars for the first time in 2010, over 80% of which were exported. While the conservative, inward-looking Czech financial system has remained relatively healthy, the small, open, export-driven Czech economy remains sensitive to changes in the economic performance of its main export markets, especially Germany. When Western Europe and Germany fell into recession in late 2008, demand for Czech goods plunged, leading to double digit drops in industrial production and exports. As a result, real GDP fell sharply in 2009. The economy slowly recovered in the second half of 2009 and registered weak growth in the next two years. In 2012 and 2013, however, the economy fell into a recession again, due both to a slump in external demand in the EU and to the government’s austerity measures, returning to weak growth in 2014. Foreign and domestic businesses alike voice concerns about corruption, especially in public procurement. Other long term challenges include dealing with a rapidly aging population, funding an unsustainable pension and health care system, and diversifying away from manufacturing and toward a more high-tech, services-based, knowledge economy.
|
Source
: CIA |
CONROP, S.R.O.
Hlučínská 93/7
747 23 Bolatice
telephone: 00420/ 553 751 111
telefax: 00420/ 553 751 347
e-mail: info@conrop.cz
Web: www.conrop.cz
|
Company
development |
Constant
company development |
|
Order
situation |
Satisfactory
order situation |
|
|
Terms of
payment |
mostly no
complaints, but occasional delays / reminders |
|
Business
connection |
Business
connections are not denied |
|
|
||
|
Legal form
|
Private limited company |
|
|
Foundation
|
21/09/2011 - Private limited company |
|
Comp.
Register |
21/09/2011, Krajský soud v Ostravě, RegNr.: C 38096 |
|
Events,
negative information |
General
events: |
|||
|
Share
Capital |
21/09/2011 |
CZK |
200.000,- |
|
|
Shareholders
|
Ing. Tomáš
Zápařka (17.11.1973) |
CZK |
100.000,- |
|
|
|
Marek Andrzej
Wilczyński (30.09.1966) |
CZK |
100.000,- |
|
|
Management
|
Ing. Tomáš
Zápařka (17.11.1973) |
|
|
Marek
Andrzej Wilczyński (30.09.1966) |
|
General
Data |
Manufacture of great-volume sacks, of
container inlays and great-volume silos. Manufacture of products for
construction of great-volume sacks, above all straps, thread and binders. |
|
|
|
Main
activity: |
|
|
|
Former
name(s) |
|
|
Trade
name(s) |
|
|
Export: |
91% |
|
|
General
contacts: |
|
|
|
Address: |
|
|
Havlíčkovo nábřeží 2728/38, 702
00 Ostrava |
|
|
Branches
of the business: |
|
|
Staff |
2013 |
349 employees |
|
|
2014 |
345 employees |
|
|
2015 |
350 employees |
|
Annual
Sales |
2010 |
actual sales |
CZK |
0,- |
|
|
|
2011 |
actual sales |
CZK |
0,- |
|
|
|
2012 |
actual sales |
CZK |
0,- |
|
|
|
2013 |
actual sales |
CZK |
359.630.000,- |
|
|
|
The company is
not registered in the Central register of executions. |
|
Property |
Property of the company: Business premises
|
|
|
contractual right of lien |
|
Balance
sheets |
The enclosed balance of 2013 from business
register, it is authenticated by the auditor. (31.12.2013 - 1 CZK) |
|
|
The enclosed profit/loss account of 2013
from business register, it is authenticated by the auditor. (31.12.2013 - 1
CZK) |
|||
|
Auditor |
VGD -
AUDIT, s.r.o. (Statistical number: 63145871) |
|
||
|
Bankers |
UniCredit Bank Czech Republic and
Slovakia, a.s. |
(2700) |
|
|
balance |
31.12.2010 (CZK)
|
31.12.2011 (CZK)
|
31.12.2012 (CZK)
|
31.12.2013 (CZK)
|
|
r1 |
TOTAL ASSETS |
200.000 |
200.000 |
70.270.000 |
158.233.000 |
|
r2 |
Receivables for subscriptions |
0 |
0 |
0 |
0 |
|
r3 |
Fixed assets |
0 |
0 |
51.734.000 |
46.637.000 |
|
r4 |
Intangible fixed assets |
0 |
0 |
0 |
1.656.000 |
|
r5 |
Incorporation expenses |
0 |
0 |
|
|
|
r6 |
Research and development |
0 |
0 |
|
|
|
r7 |
Software |
0 |
0 |
|
1.524.000 |
|
r8 |
Valuable rights |
0 |
0 |
|
|
|
r9 |
Goodwill |
0 |
0 |
|
|
|
r10 |
Other intangible fixed assets |
0 |
0 |
|
|
|
r11 |
Intangible fixed assets under construction |
0 |
0 |
|
132.000 |
|
r12 |
Advance payments for intangible fixed assets |
0 |
0 |
|
|
|
r13 |
Tangible fixed assets |
0 |
0 |
0 |
26.637.000 |
|
r14 |
Lands |
0 |
0 |
|
252.000 |
|
r15 |
Constructions |
0 |
0 |
|
14.762.000 |
|
r16 |
Equipment |
0 |
0 |
|
10.719.000 |
|
r17 |
Perennial corps |
0 |
0 |
|
|
|
r18 |
Breeding and draught animals |
0 |
0 |
|
|
|
r19 |
Other tangible fixed assets |
0 |
0 |
|
|
|
r20 |
Tangible fixed assets under construction |
0 |
0 |
|
161.000 |
|
r21 |
Advance payments for tangible fixed assets |
0 |
0 |
|
|
|
r22 |
Adjustment to acquired assets |
0 |
0 |
|
743.000 |
|
r23 |
Long-term financial assets |
0 |
0 |
51.734.000 |
18.344.000 |
|
r24 |
Shares in controlled and managed organizations |
0 |
0 |
51.734.000 |
18.344.000 |
|
r25 |
Shares in accounting units with substantial influence |
0 |
0 |
|
|
|
r26 |
Other securities and shares |
0 |
0 |
|
|
|
r27 |
Loans to controlled and managed organizations and to accounting unit
with substantial influence |
0 |
0 |
|
|
|
r28 |
Other financial investments |
0 |
0 |
|
|
|
r29 |
Financial investments acquired |
0 |
0 |
|
|
|
r30 |
Advance payments for long-term financial assets |
0 |
0 |
|
|
|
r31 |
Current assets |
200.000 |
200.000 |
18.536.000 |
111.273.000 |
|
r32 |
Inventory |
0 |
0 |
0 |
41.920.000 |
|
r33 |
Materials |
0 |
0 |
|
34.550.000 |
|
r34 |
Work in progress and semi-products |
0 |
0 |
|
4.435.000 |
|
r35 |
Finished products |
0 |
0 |
|
2.881.000 |
|
r36 |
Animals |
0 |
0 |
|
|
|
r37 |
Merchandise |
0 |
0 |
|
11.000 |
|
r38 |
Advance payments for inventory |
0 |
0 |
|
43.000 |
|
r39 |
Long-term receivables |
0 |
0 |
16.121.000 |
49.000 |
|
r40 |
Trade receivables |
0 |
0 |
|
|
|
r41 |
Receivables from controlled and managed organizations |
0 |
0 |
16.121.000 |
49.000 |
|
r42 |
Receivables from accounting units with substantial influence |
0 |
0 |
|
|
|
r43 |
Receivables from partners, cooperative members and association members
|
0 |
0 |
|
|
|
r44 |
Long-term deposits given |
0 |
0 |
|
|
|
r45 |
Estimated receivable |
0 |
0 |
|
|
|
r46 |
Other receivables |
0 |
0 |
|
|
|
r47 |
Deferred tax receivable |
0 |
0 |
|
|
|
r48 |
Short-term receivables |
0 |
0 |
2.215.000 |
61.996.000 |
|
r49 |
Trade receivables |
0 |
0 |
|
58.337.000 |
|
r50 |
Receivables from controlled and managed organizations |
0 |
0 |
2.215.000 |
23.000 |
|
r51 |
Receivables from accounting units with substantial influence |
0 |
0 |
|
|
|
r52 |
Receivables from partners, cooperative members and association members
|
0 |
0 |
|
|
|
r53 |
Receivables from social security and health insurance |
0 |
0 |
|
|
|
r54 |
Due from state - tax receivable |
0 |
0 |
|
3.344.000 |
|
r55 |
Short-term deposits given |
0 |
0 |
|
4.000 |
|
r56 |
Estimated receivable |
0 |
0 |
|
78.000 |
|
r57 |
Other receivables |
0 |
0 |
|
210.000 |
|
r58 |
Short-term financial assets |
200.000 |
200.000 |
200.000 |
7.308.000 |
|
r59 |
Cash |
200.000 |
200.000 |
200.000 |
271.000 |
|
r60 |
Bank accounts |
0 |
0 |
|
7.037.000 |
|
r61 |
Short-term securities and ownership interests |
0 |
0 |
|
|
|
r62 |
Short-term financial assets acquired |
0 |
0 |
|
|
|
r63 |
Accruals |
0 |
0 |
0 |
323.000 |
|
r64 |
Deferred expenses |
0 |
0 |
|
322.000 |
|
r65 |
Complex deferred costs |
0 |
0 |
|
|
|
r66 |
Deferred income |
0 |
0 |
|
1.000 |
|
r67 |
TOTAL LIABILITIES |
200.000 |
200.000 |
70.270.000 |
158.233.000 |
|
r68 |
Equity |
200.000 |
200.000 |
-113.000 |
915.000 |
|
r69 |
Registered capital |
200.000 |
200.000 |
200.000 |
200.000 |
|
r70 |
Registered capital |
200.000 |
200.000 |
200.000 |
200.000 |
|
r71 |
Company’s own shares and ownership interests (-) |
0 |
0 |
|
|
|
r72 |
Changes of registered capital ( +/- ) |
0 |
0 |
|
|
|
r73 |
Capital funds |
0 |
0 |
0 |
0 |
|
r74 |
Share premium |
0 |
0 |
|
|
|
r75 |
Other capital funds |
0 |
0 |
|
|
|
r76 |
Differences from revaluation of assets and liabilities ( +/- ) |
0 |
0 |
|
|
|
r77 |
Differences from revaluation in transformation ( +/- ) |
0 |
0 |
|
|
|
r78 |
Reserve funds, statutory reserve account
for cooperatives, and other retained earnings |
0 |
0 |
0 |
750.000 |
|
r79 |
Legal reserve fund / indivisible fund |
0 |
0 |
|
750.000 |
|
r80 |
Statutory and other funds |
0 |
0 |
|
|
|
r81 |
Profit / loss - previous years |
0 |
0 |
0 |
-18.964.000 |
|
r82 |
Retained earnings from previous years |
0 |
0 |
|
|
|
r83 |
Accumulated losses from previous years |
0 |
0 |
|
-18.964.000 |
|
r84 |
Profit / loss - current year (+/-) |
0 |
0 |
-313.000 |
18.929.000 |
|
r85 |
Liabilities |
0 |
0 |
70.383.000 |
157.316.000 |
|
r86 |
Reserves |
0 |
0 |
0 |
4.503.000 |
|
r87 |
Reserves under special statutory regulations |
0 |
0 |
|
|
|
r88 |
Reserves for pension and similar payables |
0 |
0 |
|
|
|
r89 |
Income tax reserves |
0 |
0 |
|
|
|
r90 |
Other reserves |
0 |
0 |
|
4.503.000 |
|
r91 |
Long-term payables |
0 |
0 |
20.123.000 |
27.211.000 |
|
r92 |
Trade payables |
0 |
0 |
|
|
|
r93 |
Payables to controlled and managed organizations |
0 |
0 |
123.000 |
|
|
r94 |
Payables to accounting units with substantial influence |
0 |
0 |
|
|
|
r95 |
Payables from partners, cooperative members and association members |
0 |
0 |
|
|
|
r96 |
Long-term advances received |
0 |
0 |
|
|
|
r97 |
Issues bonds |
0 |
0 |
20.000.000 |
20.000.000 |
|
r98 |
Long-term notes payables |
0 |
0 |
|
|
|
r99 |
Estimated payables |
0 |
0 |
|
2.190.000 |
|
r100 |
Other payables |
0 |
0 |
|
3.742.000 |
|
r101 |
Deferred tax liability |
0 |
0 |
|
1.279.000 |
|
r102 |
Short-term payables |
0 |
0 |
260.000 |
38.055.000 |
|
r103 |
Trade payables |
0 |
0 |
|
28.408.000 |
|
r104 |
Payables to controlled and managed organizations |
0 |
0 |
16.000 |
|
|
r105 |
Payables to accounting units with substantial influence |
0 |
0 |
|
|
|
r106 |
Payables from partners, cooperative members and association members |
0 |
0 |
|
|
|
r107 |
Payroll |
0 |
0 |
|
4.096.000 |
|
r108 |
Payables to social securities and health insurance |
0 |
0 |
|
2.107.000 |
|
r109 |
Due from state - tax liabilities and subsidies |
0 |
0 |
|
973.000 |
|
r110 |
Short-term deposits received |
0 |
0 |
|
104.000 |
|
r111 |
Issues bonds |
0 |
0 |
|
|
|
r112 |
Estimated payables |
0 |
0 |
244.000 |
73.000 |
|
r113 |
Other payables |
0 |
0 |
|
2.294.000 |
|
r114 |
Bank loans and financial accommodations |
0 |
0 |
50.000.000 |
87.547.000 |
|
r115 |
Long-term bank loans |
0 |
0 |
43.250.000 |
43.206.000 |
|
r116 |
Short-term bank loans |
0 |
0 |
6.750.000 |
44.341.000 |
|
r117 |
Short-term accommodations |
0 |
0 |
0 |
0 |
|
r118 |
Accruals |
0 |
0 |
0 |
2.000 |
|
r119 |
Accrued expenses |
0 |
0 |
|
2.000 |
|
r120 |
Deferred revenues |
0 |
0 |
|
|
|
|
profit/loss account |
31.12.2010 (CZK)
|
31.12.2011 (CZK)
|
31.12.2012 (CZK)
|
31.12.2013 (CZK)
|
|
a1 |
Turnover |
0 |
0 |
0 |
359.630.000 |
|
a2 |
Revenues from sold goods |
0 |
0 |
|
1.374.000 |
|
a3 |
Expenses on sold goods |
0 |
0 |
|
1.356.000 |
|
a4 |
Sale margin |
0 |
0 |
|
18.000 |
|
a5 |
Production |
0 |
0 |
|
359.327.000 |
|
a6 |
Revenues from own products and services |
0 |
0 |
|
358.256.000 |
|
a7 |
Change in inventory of own products |
0 |
0 |
|
1.071.000 |
|
a8 |
Capitalization |
0 |
0 |
|
|
|
a9 |
Production consumption |
0 |
0 |
|
251.047.000 |
|
a10 |
Consumption of material and energy |
0 |
0 |
|
228.899.000 |
|
a11 |
Services |
0 |
0 |
|
22.148.000 |
|
a12 |
Added value |
0 |
0 |
|
108.298.000 |
|
a13 |
Personnel expenses |
0 |
0 |
|
79.360.000 |
|
a14 |
Wages and salaries |
0 |
0 |
|
58.249.000 |
|
a15 |
Renumeration of board members |
0 |
0 |
|
|
|
a16 |
Social security expenses and health insurance |
0 |
0 |
|
19.474.000 |
|
a17 |
Other social expenses |
0 |
0 |
|
1.637.000 |
|
a18 |
Taxes and fees |
0 |
0 |
|
338.000 |
|
a19 |
Depreciations of intangible and tangible assets |
0 |
0 |
|
4.063.000 |
|
a20 |
Revenues from disposals of fixed assets and
materials |
0 |
0 |
|
28.990.000 |
|
a21 |
Revenues from disposals of fixed assets |
0 |
0 |
|
161.000 |
|
a22 |
Revenues from disposals of materials |
0 |
0 |
|
28.829.000 |
|
a23 |
Net book value of disposed fixed assets and
materials |
0 |
0 |
|
25.914.000 |
|
a24 |
Net book value of sold fixed assets |
0 |
0 |
|
|
|
a25 |
Net book value of sold material |
0 |
0 |
|
25.914.000 |
|
a26 |
Change in operating reserves and adjustments and complex deferred
costs ( + / - ) |
0 |
0 |
|
1.403.000 |
|
a27 |
Other operating revenues |
0 |
0 |
|
747.000 |
|
a28 |
Other operating expenses |
0 |
0 |
|
707.000 |
|
a29 |
Transfer of operating revenues |
0 |
0 |
|
|
|
a30 |
Transfer of operating expenses |
0 |
0 |
|
|
|
a31 |
Operating profit / loss |
0 |
0 |
|
26.250.000 |
|
a32 |
Revenues from sales of securities and ownership interests |
0 |
0 |
|
|
|
a33 |
Sold securities and ownership interests |
0 |
0 |
|
|
|
a34 |
Revenues from long-term financial assets |
0 |
0 |
|
|
|
a35 |
Revenues from shares in controlled and managed organizations and in accounting
units with substantial influence |
0 |
0 |
|
|
|
a36 |
Revenues from others securities and ownership interests |
0 |
0 |
|
|
|
a37 |
Revenues from other long-term financial assets |
0 |
0 |
|
|
|
a38 |
Revenues from short-term financial assets |
0 |
0 |
|
|
|
a39 |
Expenses associated with financial assets |
0 |
0 |
|
|
|
a40 |
Revenues from revaluation of securities and derivatives |
0 |
0 |
|
|
|
a41 |
Cost of revaluation of securities and derivatives |
0 |
0 |
|
|
|
a42 |
Change in financial reserves and adjustments ( + / - ) |
0 |
0 |
|
|
|
a43 |
Interest revenues |
0 |
0 |
70.000 |
4.000 |
|
a44 |
Interest expenses |
0 |
0 |
383.000 |
6.134.000 |
|
a45 |
Other financial revenues |
0 |
0 |
|
7.537.000 |
|
a46 |
Other financial expenses |
0 |
0 |
|
4.823.000 |
|
a47 |
Transfer of financial revenues |
0 |
0 |
|
|
|
a48 |
Transfer of financial expenses |
0 |
0 |
|
|
|
a49 |
Profit / loss from financial operations (
transactions ) |
0 |
0 |
-313.000 |
-3.416.000 |
|
a50 |
Income tax on ordinary income |
0 |
0 |
0 |
3.905.000 |
|
a51 |
Due tax |
0 |
0 |
|
3.885.000 |
|
a52 |
Tax deferred |
0 |
0 |
|
20.000 |
|
a53 |
Operating profit / loss ordinary activity |
0 |
0 |
-313.000 |
18.929.000 |
|
a54 |
Extraordinary revenues |
0 |
0 |
|
|
|
a55 |
Extraordinary expenses |
0 |
0 |
|
|
|
a56 |
Income tax on extraordinary income |
0 |
0 |
|
|
|
a57 |
Due tax |
0 |
0 |
|
|
|
a58 |
Tax deferred |
0 |
0 |
|
|
|
a59 |
Operating profit / loss extraordinary
activity |
0 |
0 |
0 |
0 |
|
a60 |
Transfer profit ( loss ) to partners (+/-) |
0 |
0 |
|
|
|
a61 |
Profit / loss of current accounting period
(+/-) |
0 |
0 |
-313.000 |
18.929.000 |
|
a62 |
Profit / loss before tax (+/-) |
0 |
0 |
-313.000 |
22.834.000 |
|
Operating cash flow |
|
|
-18.389.000 |
10.904.000 |
|
|
Investment cash flow |
|
|
-51.734.000 |
-6.891.000 |
|
|
Financial cash flow |
|
|
70.123.000 |
-2.137.000 |
|
|
Receivables after due date total |
|
|
|
6.204.000 |
|
|
Receivables more than 180 days after due date |
|
|
|
588.000 |
|
|
Liabilities after due date total |
|
|
|
637.000 |
|
|
Liabilities more than 180 days after due date |
|
|
|
85.000 |
|
Balance indices |
|
31.12.2010 |
31.12.2011 |
31.12.2012 |
31.12.2013 |
|
Return on total assets ROA (in %) |
a62/r1 * 100 |
0,00 |
0,00 |
-0,45 |
14,43 |
|
Return on equity ROE (in %) |
a62/r68 * 100 |
0,00 |
0,00 |
276,99 |
2.495,52 |
|
Return on sales ROS (in %) |
a62/a1 * 100 |
n/a |
n/a |
n/a |
6,35 |
|
Turnover of receivables (in days) |
r49/a1 * 365 |
n/a |
n/a |
n/a |
59,21 |
|
Turnover of liabilities (in days) |
r103/a1 * 365 |
n/a |
n/a |
n/a |
28,83 |
|
Turnover of inventories (days) |
r32/a1 * 365 |
n/a |
n/a |
n/a |
42,55 |
|
Net working capital (in ths. CZK) |
r31 - r102 - r116 - r117 |
200,00 |
200,00 |
11.526,00 |
28.877,00 |
|
Ratio of accounts payable to accounts receivable (in %) |
(r39+r48) / (r91+r102) * 100 |
n/a |
n/a |
89,96 |
95,06 |
|
Ratio of profit/loss to tangible assets (in%) |
r3 / a1 * 100 |
n/a |
n/a |
n/a |
12,97 |
|
Current ratio |
r31 / (r102+r116+r117) |
n/a |
n/a |
2,64 |
1,35 |
|
Quick ratio |
(r58+r48) / (r102+r116+r117) |
n/a |
n/a |
0,34 |
0,84 |
|
Cash ratio |
r58 / (r102+r116+r117) |
n/a |
n/a |
0,03 |
0,09 |
|
Debt ratio I (in %) |
(1-r68/r67) * 100 |
0,00 |
0,00 |
100,16 |
99,42 |
|
Debt ratio II (in %) |
r85/r67 * 100 |
0,00 |
0,00 |
100,16 |
99,42 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.05 |
|
UK Pound |
1 |
Rs.99.04 |
|
Euro |
1 |
Rs.71.76 |
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.