|
Report No. : |
348104 |
|
Report Date : |
07.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
MONTANHYDRAULIK GESELLSCHAFT MIT
BESCHRÄNKTER HAFTUNG |
|
|
|
|
Registered Office : |
Bahnhofstr. 39, D 59439 Holzwickede,
Post Box:12 80, D 59435 Holzwickede |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Year of Establishment : |
1952 |
|
|
|
|
Com. Reg. No.: |
HRB 3044 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
·
Manufacture
of other fabricated metal products n.e.c. ·
Manufacture
of metal forming machinery |
|
|
|
|
No. of Employees : |
766 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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, 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 5.2% in 2014. The new German government introduced
a minimum wage of about $11.60 (8.50 euros) 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%. The budget was essentially in
balance in 2014. 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. The German economy suffers
from low levels of investment, and a government plan to invest 15 billion euros
2016-18, largely in infrastructure, is intended to spur needed private
investment. 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 plans to replace nuclear power with renewable energy, which
accounted for 27.8% of gross electricity consumption in 2014, up from 9% in
2000. 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. Extremely low inflation, caused largely by low global
energy prices and a weak euro, are expected to boost German GDP growth in 2015.
|
Source
: CIA |
MONTANHYDRAULIK
GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG
Company Status: active
Bahnhofstr. 39
D 59439 Holzwickede
Post Box:
12 80, D 59435
Holzwickede
Telephone:02301/916280
Telefax: 02301/916125
Homepage: www.montanhydraulik.com
E-mail: info@montanhydraulik.com
DE811238146
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1952
Shareholders'
agreement: 01.03.1960
Registered on: 14.06.1963
Commercial Register: Local court 59065 Hamm
under: HRB
3044
EUR
25,000,000.00
Shareholder:
Michael Lipphardt
Helenenbergweg 40
D 44225 Dortmund
born: 29.01.1953
Share: EUR 11,250,000.00
Shareholder:
Dr. Peter Lipphardt
Poststr. 46
D 59439 Holzwickede
born: 19.12.1943
Share: EUR 11,250,000.00
Shareholder:
Montanhydraulik
Gesellschaft mit
beschränkter Haftung
Bahnhofstr. 39
D 59439 Holzwickede
Post Box:
12 80, D 59435
Holzwickede
Legal form: Private
limited company
Share capital: EUR
25,000,000.00
Share: EUR 1,250,000.00
Registered on: 14.06.1963
Reg. data: 59065 Hamm,
HRB 3044
Shareholder:
Heinz-Peter Kupiek
Melchiorstr. 2a
D 59439 Holzwickede
born: 05.07.1955
Share: EUR 1,250,000.00
Manager:
Josef Michael Mertens
Bromberken 1
D 58706 Menden
born: 21.12.1962
Profession: graduate
engineer
Marital status: married
Manager:
Dr. Ralf Becker
Am Südpark 27
D 44869 Bochum
born: 27.02.1961
Profession: graduate
engineer
Marital status: unknown
Proxy:
Gerd Erdmann
D 59423 Unna
authorized to jointly
represent the company
born: 05.04.1964
Marital status: single
Proxy:
Andre Danehl
D 58540 Meinerzhagen
authorized to jointly
represent the company
born: 01.08.1961
Marital status: married
Proxy:
Thomas Mittag
D 58313 Herdecke
authorized to
jointly represent the company
born: 24.03.1970
Further functions/participations of Josef
Michael Mertens
(Manager)
Manager:
Geschäftsführungsgesellschaft a Wengen,
Gesellschaft mit beschränkter Haftung
Harry-a-Wengen-Str. 10
D 75387 Neubulach
Legal form: Private
limited company
Share capital: EUR 51,200.00
Registered
on: 17.08.1979
Reg. data: 70190 Stuttgart, HRB 330499
Manager:
Lipphardt
Verwaltungsgesellschaft mit
beschränkter Haftung
Bahnhofstr. 39
D 59439 Holzwickede
Legal form: Private
limited company
Share capital: EUR 25,564.60
Registered
on: 12.03.1982
Reg. data: 59065 Hamm, HRB 3180
Manager:
Montanhydraulik Reparatur
und Service GmbH
Bornstr. 276
D 44145 Dortmund
Legal form: Private
limited company
Share capital: EUR 130,000.00
Registered
on: 16.12.2003
Reg. data: 44135 Dortmund, HRB 16205
Vice-president of the Board of Directors:
Netzwerk Industrie
RuhrOst e. V.
Friedrich-Ebert-Str. 19
D 59425 Unna
Legal form: Registered
association
Registered
on: 20.10.2009
Reg. data: 59065 Hamm, VR 21064
Further functions/participations of Dr. Ralf
Becker (Manager)
Manager:
Geschäftsführungsgesellschaft a Wengen,
Gesellschaft mit
beschränkter Haftung
Harry-a-Wengen-Str. 10
D 75387 Neubulach
Legal form: Private
limited company
Share capital: EUR 51,200.00
Registered
on: 17.08.1979
Reg. data: 70190 Stuttgart, HRB 330499
19.10.2010 - 22.04.2015 Manager
Dr. Peter Lipphardt
D 59439
Holzwickede
Main industrial sector
2599
Manufacture of other fabricated metal products n.e.c.
28410
Manufacture of metal forming machinery
Works:
Montanhydraulik
Gesellschaft mit
beschränkter Haftung
Gallberger Weg
D 59063 Hamm
TEL.: 02381/54300-0
Branch:
Montanhydraulik
Gesellschaft mit
beschränkter Haftung
Wilhelminenstr. 120
D 45881 Gelsenkirchen
Branch:
Montanhydraulik
Gesellschaft mit
beschränkter Haftung
Am Maifeld 6
D 59457 Werl
General partner:
Montan-Hydraulik
Gesellschaft mit
beschränkter Haftung und
Co. KG
Bahnhofstr. 39
D 59439 Holzwickede
Post Box:
12 80
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 291,436.38
contribution:
Reg. data: 12.04.1960
Local court
59065 Hamm
HRA 1986
Limited partner:
Harry a Wengen GmbH &
Co. KG Maschinenfabrik
Harry-a-Wengen-Str. 10
D 75387 Neubulach
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 1,738,392.40
contribution:
Share: EUR 1,738,392.40
Reg. data: 15.02.1947
Local court
70190 Stuttgart
HRA 330337
Limited partner:
Maschinenfabrik Glückauf
GmbH & Co.KG
Wilhelminenstr. 120
D 45881 Gelsenkirchen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 870,000.00
contribution:
Share: EUR 870,000.00
Reg. data: 17.04.1937
Local court
45879 Gelsenkirchen
HRA 823
Shareholder:
Montanhydraulik
Gesellschaft mit
beschränkter Haftung
Bahnhofstr. 39
D 59439 Holzwickede
Post Box:
12 80
Legal form: Private
limited company
Company Status: active
Share capital: EUR
25,000,000.00
Share: EUR 1,250,000.00
Reg. data: 14.06.1963
Local court
59065 Hamm
HRB 3044
Shareholder:
Montanhydraulik Reparatur
und Service GmbH
Bornstr. 276
D 44145 Dortmund
Legal form: Private
limited company
Company Status: active
Share capital: EUR 130,000.00
Share: EUR 130,000.00
Reg. data: 16.12.2003
Local court
44135 Dortmund
HRB 16205
Shareholder:
Geschäftsführungsgesellschaft a Wengen,
Gesellschaft mit
beschränkter Haftung
Harry-a-Wengen-Str. 10
D 75387 Neubulach
Legal form: Private
limited company
Company Status: active
Share capital: EUR 51,200.00
Share: EUR 51,200.00
Reg. data: 17.08.1979
Local court
70190 Stuttgart
HRB 330499
Shareholder:
Glückauf Beteiligungs
GmbH
Wilhelminenstr. 120
D 45881 Gelsenkirchen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Reg. data: 04.12.1972
Local court
45879 Gelsenkirchen
HRB 441
Payment experience: cash discount/within agreed terms
Negative information:We have no negative
information at hand.
Balance sheet year: 2013
Type of ownership: Tenant
Address Bahnhofstr. 39
D 59439 Holzwickede
Real Estate of: Montanhydraulik Gesellschaft mit
beschränkter Haftung
Type of ownership: Tenant
Address Bahnhofstr. 39
D 59439
Holzwickede
Land register documents were not available.
Principal bank
COMMERZBANK, 44047 DORTMUND
Sort. code: 44040037, Account no.: 3626496
BIC: COBADEFFXXX, IBAN: DE27440400370362649600
Further banks
DEUTSCHE
BANK, 44126 DORTMUND
Sort. code: 44070050
BIC: DEUTDEDE440, IBAN: DE20440700500715012100
SPARKASSE UNNAKAMEN, 59409 UNNA
Sort. code: 44350060, Account no.: 2007177
BIC: WELADED1UNN, IBAN: DE57443500600002007177
Turnover: 2013 EUR 200,410,124.00
2014 *EUR 215,000,000.00
Profit: 2013 EUR 9,494,067.00
further business figures:
Equipment: EUR
6,438,150.00
Ac/ts receivable: EUR 45,003,393.00
Liabilities: EUR 20,391,401.00
Total numbers of vehicles: 10
-
Lorries: 5
-
Passenger cars:
5
Employees:
766
-
thereof permanent staff: 766
The
business figures marked with an asterisk are estimates based on average values
in the line of business.
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 57.48
Liquidity ratio: 4.53
Return
on total capital [%]: 7.76
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 54.07
Liquidity ratio: 1.49
Return on total capital [%]: 6.54
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 56.40
Liquidity ratio: 2.12
Return on total capital [%]: 5.59
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 59.93
Liquidity ratio: 10.00
Return
on total capital [%]: 6.84
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 balance sheet
Origin of the present
balance sheet: electronic German Federal Gazette
Financial year: 01.01.2013 - 31.12.2013
ASSETS EUR 123,832,942.38
Fixed assets
EUR 35,552,024.38
Intangible assets
EUR 164,467.00
Concessions, licences, rights
EUR 164,467.00
Tangible assets
EUR 12,324,548.60
Land / similar rights
EUR 380,807.60
Plant / machinery
EUR 5,505,591.00
Other tangible assets / fixtures and
fittings
EUR 6,438,150.00
Financial assets
EUR 23,063,008.78
Shares in participations /
subsidiaries and the like
EUR 19,555,208.78
Shares in related companies
EUR 19,554,265.45
Shares in investee companies
EUR 943.33
Loans to participations /
subsidiaries and the like
EUR 3,507,000.00
Loans to related companies
EUR 3,507,000.00
Other loans
EUR 800.00
Current assets EUR 86,563,464.00
Stocks
EUR 31,108,225.40
Raw materials, consumables and
supplies
EUR 16,478,985.86
Finished goods / work in progress EUR
14,629,239.54
Accounts receivable
EUR 45,003,392.92
Trade debtors
EUR 20,190,714.22
Amounts due from related companies
EUR 11,399,659.79
Other debtors and assets
EUR 13,413,018.91
Liquid means
EUR 10,451,845.68
Remaining other assets
EUR 1,717,454.00
Accruals (assets)
EUR 39,200.00
Deferred taxes (assets)
EUR 1,550,000.00
Active difference from asset
offsetting
EUR 128,254.00
LIABILITIES EUR 123,832,942.38
Shareholders' equity EUR
71,822,701.75
Capital
EUR 23,750,000.00
Subscribed capital (share capital)
EUR 25,000,000.00
Other capital
EUR -1,250,000.00
Reserves EUR 389,120.00
Retained earnings / revenue reserves EUR 389,120.00
Balance sheet profit/loss (+/-)
EUR 47,683,581.75
Profit / loss brought forward
EUR 38,189,514.63
Annual surplus / annual deficit
EUR 9,494,067.12
Items between shareholders' equity and
debt capital
EUR 31,627.00
Allowances / bonuses
EUR 31,627.00
Provisions EUR 31,569,212.25
Pension provisions and comparable
provisions
EUR 10,039,783.13
Provisions for taxes
EUR 7,665,251.12
Other / unspecified provisions
EUR 13,864,178.00
Liabilities
EUR 20,391,401.38
Financial debts
EUR 8,605,357.10
Liabilities due to banks
EUR 8,605,357.10
Other liabilities EUR 11,786,044.28
Trade creditors (for IAS incl. bills
of exchange)
EUR 4,445,975.48
Liabilities from received advance
payments
EUR 3,352,940.06
Liabililties due to related companiesEUR 1,020,360.33
Unspecified other liabilities
EUR 2,966,768.41
thereof liabilities from tax /
financial authorities
EUR 1,855,330.43
thereof liabilities from social
security
EUR 2,821.62
Other liabilities
EUR 18,000.00
Deferred taxes (not included under
provisions/liabilities)
EUR 18,000.00
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales
EUR 200,410,124.19
Inventory change + own costs (+/-)
EUR -9,602,168.48
Inventory change (+/-)
EUR -9,602,168.48
Other operating income
EUR 1,733,314.61
Cost of materials
EUR 114,823,544.93
Raw materials and supplies, purchased
goods
EUR 102,895,292.54
Purchased services
EUR 11,928,252.39
Gross result (+/-)
EUR 77,717,725.39
Staff expenses
EUR 43,043,266.84
Wages and salaries
EUR 35,842,671.13
Social security contributions and
expenses for pension plans and
benefits
EUR 7,200,595.71
Total depreciation
EUR 3,874,659.76
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 3,874,659.76
Other operating expenses
EUR 16,961,129.27
Operating result from continuing
operations
EUR 13,838,669.52
Result from participating interests
(+/-)
EUR 603,874.52
Expenses / income from participations EUR 693,816.11
Income from related companies
EUR 693,816.11
Expenses for participations
EUR 89,941.59
Expenses for other participations
EUR 89,941.59
Interest result (+/-)
EUR -215,330.18
Interest and similar income
EUR 901,383.91
thereof from related companies
EUR 250,000.00
Interest and similar expenses
EUR 1,116,714.09
thereof paid to related companies
EUR 16,000.00
Other financial result EUR 193,104.96
Income from securities and loans from
financial assets
EUR 193,104.96
thereof related companies
EUR 193,104.96
Financial result (+/-)
EUR 581,649.30
Result from ordinary operations (+/-)
EUR 14,420,318.82
Income tax / refund of income tax (+/-)EUR -4,828,862.48
Other taxes / refund of taxes
EUR -97,389.22
Tax
(+/-) EUR -4,926,251.70
Annual surplus / annual deficit
EUR 9,494,067.12
Type
of balance
sheet: Company balance sheet
Origin of the present
balance sheet: electronic German Federal Gazette
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 126,592,374.51
Fixed assets
EUR 36,360,919.46
Intangible assets
EUR 159,721.00
Concessions, licences, rights
EUR 159,721.00
Tangible assets
EUR 12,679,108.12
Land / similar rights
EUR 405,986.60
Plant / machinery
EUR 5,710,070.00
Other
tangible assets / fixtures and
fittings
EUR 6,465,170.77
Advance payments made / construction
in progress
EUR 97,880.75
Financial assets
EUR 23,522,090.34
Shares in participations /
subsidiaries and the like
EUR 19,939,290.34
Shares in related companies
EUR 19,938,347.01
Shares in investee companies
EUR 943.33
Loans to participations /
subsidiaries and the like
EUR 3,582,000.00
Loans to related companies
EUR 3,582,000.00
Other loans
EUR 800.00
Current assets EUR 89,105,455.05
Stocks
EUR 43,359,271.40
Raw materials, consumables and
supplies
EUR 19,127,863.38
Finished goods / work in progress
EUR 24,231,408.02
Accounts receivable
EUR 42,586,231.69
Trade debtors
EUR 25,609,429.27
Amounts due from related companies
EUR 5,161,561.66
Other debtors and assets EUR 11,815,240.76
Liquid means
EUR 3,159,951.96
Remaining other assets
EUR 1,126,000.00
Deferred taxes (assets)
EUR 1,126,000.00
LIABILITIES EUR 126,592,374.51
Shareholders' equity
EUR 68,943,124.16
Capital
EUR 25,000,000.00
Subscribed capital (share capital)
EUR 25,000,000.00
Reserves
EUR 389,120.00
Retained earnings / revenue reserves EUR 389,120.00
Balance sheet profit/loss (+/-)
EUR 43,554,004.16
Profit / loss brought forward
EUR 35,344,097.49
Annual surplus / annual deficit
EUR 8,209,906.67
Items between shareholders' equity and
debt capital
EUR 51,573.00
Allowances / bonuses
EUR 51,573.00
Provisions
EUR 25,678,480.53
Pension provisions and comparable
provisions
EUR 9,556,151.95
Provisions for taxes
EUR 3,853,964.33
Other / unspecified provisions
EUR 12,268,364.25
Liabilities
EUR 31,781,196.82
Financial debts
EUR 9,311,309.50
Liabilities due to banks
EUR 9,311,309.50
Other liabilities
EUR 22,469,887.32
Trade creditors (for IAS incl. bills
of exchange)
EUR 8,951,129.21
Liabilities from received advance
payments
EUR 10,311,047.66
Liabililties due to related companiesEUR 2,016,091.79
Unspecified other liabilities
EUR 1,191,618.66
thereof liabilities from tax /
financial authorities
EUR 462,045.59
thereof
liabilities from social
security
EUR 2,736.50
Other liabilities
EUR 138,000.00
Deferred taxes (not included under
provisions/liabilities)
EUR 138,000.00
Guarantees and other commitments
EUR 5,218,000.00
Other guarantees and other commitmentsEUR 5,218,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales EUR 188,366,621.79
Inventory change + own costs (+/-)
EUR 6,875,766.47
Inventory change (+/-)
EUR 6,875,766.47
Other operating income
EUR 2,578,127.06
Cost of materials
EUR 125,348,669.91
Raw materials and supplies, purchased
goods
EUR 113,035,572.35
Purchased services
EUR 12,313,097.56
Gross result (+/-) EUR 72,471,845.41
Staff expenses
EUR 40,535,763.14
Wages and salaries
EUR 33,915,267.63
Social security contributions and
expenses for pension plans and
benefits EUR 6,620,495.51
Total depreciation
EUR 4,294,535.03
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 4,294,535.03
Other operating expenses
EUR 16,436,067.99
Operating result from continuing
operations
EUR 11,205,479.25
Result from participating interests
(+/-)
EUR 1,408,725.60
Expenses / income from participations EUR 1,408,725.60
Income from transfer of profits
EUR 154,656.47
Income from related companies
EUR 1,254,069.13
Interest result (+/-) EUR -492,597.27
Interest and similar income
EUR 673,571.65
thereof from related companies
EUR 103,000.00
Interest and similar expenses
EUR 1,166,168.92
thereof paid to related companies
EUR 0.00
Other financial result
EUR 210,972.90
Income from securities and loans from
financial assets
EUR 210,972.90
thereof related companies
EUR 210,972.90
Financial result (+/-)
EUR 1,127,101.23
Result from ordinary operations (+/-)
EUR 12,332,580.48
Income tax / refund of income tax (+/-)EUR -4,055,313.53
Other taxes / refund of taxes
EUR -67,360.28
Tax
(+/-)
EUR -4,122,673.81
Annual surplus / annual deficit
EUR 8,209,906.67
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.79 |
|
|
1 |
Rs.99.95 |
|
Euro |
1 |
Rs.71.55 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
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.