|
Report No. : |
350879 |
|
Report Date : |
20.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
ACRONI D.O.O. |
|
|
|
|
Registered Office : |
Koroška Bela, Cesta Borisa
Kidriča 44, 4270 Jesenice |
|
|
|
|
Country : |
Slovenia |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
19.12.1992 |
|
|
|
|
Com. Reg. No.: |
10417200 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of Basic Iron and Steel and of Ferro-Alloys (NACE 2) |
|
|
|
|
No. of Employees : |
1106 [2015] |
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) |
|
Slovenia |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SLOVENIA - ECONOMIC OVERVIEW
With excellent infrastructure, a well-educated work force,
and a strategic location between the Balkans and Western Europe, Slovenia has
one of the highest per capita GDPs in Central Europe, despite having suffered a
protracted recession in 2008-2009 in the wake of the global financial crisis.
Slovenia became the first 2004 European Union entrant to adopt the euro (on 1
January 2007) and has experienced one of the most stable political transitions
in Central and Southeastern Europe. In March 2004, Slovenia became the first
transition country to graduate from borrower status to donor partner at the
World Bank. In 2007, Slovenia was invited to begin the process for joining the
OECD; it became a member in 2012. However, long-delayed privatizations,
particularly within Slovenia’s largely state-owned and increasingly indebted
banking sector, have fueled investor concerns since 2012 that the country would
need EU-IMF financial assistance. In 2013, the European Commission granted
Slovenia permission to begin recapitalizing ailing lenders and transferring
their nonperforming assets into a “bad bank” established to restore bank
balance sheets. Export-led growth fueled by demand in larger European markets
pushed GDP growth to 2.6% in 2014, while stubbornly-high unemployment fell
slightly to 13%. PM CERAR’s government took office in September 2014, pledging
to press ahead with commitments to privatize a select group of state-run
companies, rationalize public spending, and further stabilize the banking
sector.
|
Source
: CIA |
ACRONI D.O.O.
KOROŠKA BELA, CESTA BORISA
KIDRIČA 44,
4270 JESENICE
PHONE: 04 584 10 00
TELEFAX: 04 584 11 11
E-MAIL: UPRAVA@ACRONI.SI
WEB: WWW.ACRONI.SI
|
Legal form |
Ltd - Limited liability company |
|
|||||||||||||||||
|
Established on |
19/12/1992 - Ltd - Limited liability company |
||||||||||||||||||
|
|
last entry on 13.07.2015 on 16.2.2005 change of company name from SŽ ACRONI d.o.o. into ACRONI,
d.o.o. on 13.07.2015 change of the company name from ACRONI, d.o.o. into
ACRONI d.o.o. |
||||||||||||||||||
|
Registered on |
19/12/1992, Kranj, Registration number: 10417200 Tax number: SI25840754 Company number: 5688418 |
||||||||||||||||||
|
Registered capital |
19/12/1992 |
EUR |
83.458.521,00 |
|
|||||||||||||||
|
|
02/07/2015 |
EUR |
85.000.000,00 |
|
|||||||||||||||
|
|
on 02.07.2015 capital increase for EUR 1.541.479,-- |
||||||||||||||||||
|
Owner |
SIJ d.d. (Statistical number: 5046432) Gerbičeva ulica 98, 1000 Ljubljana |
EUR |
85.000.000,00 |
|
|||||||||||||||
|
Manager |
Blaž Jasnič Cesta maršala Tita 3, 4270 Jesenice Director |
||||||||||||||||||
|
General data |
company activity: production of steel and steel products, trade, products: stainless steel quarto plates and wear resistant, high tensile, tool and other special steel quarto plates,non-oriented electrical
steel and hot and cold rolled coils in special grades Headquarters and business-production premises are located on the
address above |
||||||||||||||||||
|
|
Main activity: Manufacture of basic iron and steel and of ferro-alloys (NACE 2) |
(24.10) |
|||||||||||||||||
|
|
Export: Italy Germany Austria |
|
|||||||||||||||||
|
|
Import: Germany Switzerland Italy |
|
|||||||||||||||||
|
|
|
||||||||||||||||||
|
|
Residence address: Koroška Bela, Cesta Borisa Kidriča 44, 4270 Jesenice Phone: 04 584 10 00 Telefax: 04 584 11 11 E-Mail: uprava@acroni.si Web: www.acroni.si |
||||||||||||||||||
|
Other activities |
|||||||||||||||||||
|
Employees |
2010 |
1462 employees |
|||||||||||||||||
|
|
2011 |
1394 employees |
|||||||||||||||||
|
|
2012 |
1254 employees |
|||||||||||||||||
|
|
2013 |
1160 employees |
|||||||||||||||||
|
|
2014 |
1127 employees |
|||||||||||||||||
|
|
2015 |
1106 employees |
|||||||||||||||||
|
Annual turnover |
2010 |
Enterprise turnover |
EUR |
385.795.539,- |
|
||||||||||||||
|
|
2011 |
Enterprise turnover |
EUR |
439.490.483,- |
|
||||||||||||||
|
|
2012 |
Enterprise turnover |
EUR |
435.488.573,- |
|
||||||||||||||
|
|
2013 |
Enterprise turnover |
EUR |
381.608.589,- |
|
||||||||||||||
|
|
2014 |
Enterprise turnover |
EUR |
419.416.011,- |
|
||||||||||||||
|
Property |
Company's property: Business premises SI-4270 Jesenice, Cesta Borisa Kidriča 44 Company's property: Land and buildings per 31.12.2014 SI- Book value: 70.299.410,- EUR () |
||||||||||||||||||
|
Remarks |
full name of the company: ACRONI, podjetje za proizvodnjo jekla in jeklenih izdelkov d.o.o. participation in capital: ŽELEZARNA JESENICE, d.o.o. (100% share) Acroni Deutschland GmbH Germany- in liquidation (100% share) Acroni Italy - in liquidation (100% share) RCJ d.o.o. (24,95% share) (stand per 9.10.2015) branch office: Acroni Sweden |
||||||||||||||||||
|
Interests |
ACRONI d.o.o. (Statistical number: 5688418): |
||||||||||||||||||
|
|
RCJ d.o.o. (Statistical number: 6005756) |
Owner |
|
||||||||||||||||
|
|
SIJ d.d. (Statistical number: 5046432): |
||||||||||||||||||
|
|
ELEKTRODE JESENICE, d.o.o. (Statistical number: 1254430) |
Owner |
|
||||||||||||||||
|
|
METAL RAVNE d.o.o. (Statistical number: 5686482) |
Owner |
|
||||||||||||||||
|
|
NOŽI RAVNE d.o.o. (Statistical number: 5439264) |
Owner |
|
||||||||||||||||
|
|
ODPAD d.o.o. Pivka (Statistical number: 5577772) |
Owner |
|
||||||||||||||||
|
|
RAVNE STEEL CENTER d.o.o. (Statistical number: 1906887) |
Owner |
|
||||||||||||||||
|
|
SIJ d.d. (Statistical number: 5046432) |
Head shareholders |
2,78% |
||||||||||||||||
|
|
Slovenske železarne - Energetika Štore d.o.o. (Statistical number: 1254855)
|
Owner |
|
||||||||||||||||
|
|
Slovenske zelezarne Jeklolivarna d.o.o. (Statistical number: 5439132) |
Owner |
|
||||||||||||||||
|
|
SUZ, d.o.o. (Statistical number: 1199781) |
Owner |
|
||||||||||||||||
|
|
SŽ - ARMATURE MUTA Ravne d.o.o. (Statistical number: 5439256) |
Owner |
|
||||||||||||||||
|
|
SŽ PFJ d.o.o. (Statistical number: 5434513) |
Owner |
|
||||||||||||||||
|
|
SŽ-PFP d.o.o. (Statistical number: 5434521) |
Owner |
|
||||||||||||||||
|
|
TIO PNEUMATIKA d.o.o. (Statistical number: 5868459) |
Owner |
|
||||||||||||||||
|
Bank relations |
NOVA LJUBLJANSKA BANKA d.d., LJUBLJANA: Central address: SI Trg republike 2, 1520 Ljubljana Account number: 02923-0016844869 SKB BANKA d.d. LJUBLJANA: Central address: SI Ajdovščina 4, 1513 Ljubljana Account number: 03100-1010492556 ABANKA VIPA d.d.: Central address: SI Slovenska cesta 58, 1517 Ljubljana Account number: 05100-8000043060 GORENJSKA BANKA d.d.: Central address: SI Bleiweisova cesta 1, 4000 Kranj Account number: 07000-0000006298 BANKA KOPER d.d.: Central address: SI Pristaniška 14, 6502 Koper Account number: 10100-0045950932 RAIFFEISEN BANKA d.d.: Central address: SI Slovenska ulica 17, 2000 Maribor Account number: 24400-9003757885 UNICREDIT BANKA SLOVENIJA d.d.: Central address: SI Šmartinska 140, 1000 Ljubljana Account number: 29000-0001921621 SBERBANK d.d.: Central address: SI Dunajska cesta 128a, 1000 Ljubljana Account number: 30000-0080026491 HYPO ALPE-ADRIA-BANK d.d.: Central address: SI Dunajska cesta 117, 1000 Ljubljana Account number: 33000-2584075432 BANKA SPARKASSE d.d.: Central address: SI Cesta v Kleče 15, 1000 Ljubljana Account number: SI56 340001008384331 SBERBANK d.d.: Central address: SI Dunajska cesta 128a, 1000 Ljubljana Account number: SI56 300000180026410 NOVA KREDITNA BANKA MARIBOR d.d.: Central address: SI Ulica Vita Kraigherja 4, 2505 Maribor Account number: SI56 0451 5000 1793 262 BANKA SPARKASSE d.d.: Central address: SI Cesta v Kleče 15, 1000 Ljubljana Account number: SI56 3400 0101 4646 457 ABANKA VIPA d.d.: Central address: SI Slovenska cesta 58, 1517 Ljubljana Account number: SI56 060001104925941 |
||||||||||||||||||
|
Business course |
satisfactory |
(30) |
|||||||||||||||||
|
Terms of payment |
Mostly within agrees terms, but partly also delayed |
(32) |
|||||||||||||||||
|
Business connection |
Business connection appear premissable |
(31) |
|||||||||||||||||
|
A. The enclosed balance of 2014 is originated from official source, it
is not authenticated by the auditor. (31.12.2014 - 1 EUR) B. The enclosed balance of 2013 is originated from official source, it
is not authenticated by the auditor. (31.12.2013 - 1 EUR) C. The enclosed balance of 2012 is originated from official source, it
is authenticated by the auditor . (31.12.2012 - 1 EUR) D. The enclosed balance of 2011 is the company's own report, it is
authenticated by the auditor . (31.12.2011 - 1 EUR) |
|||||||||||||||||||
|
|
|||||||||||||||||||
|
BALANCE |
A
31.12.2014 |
B
31.12.2013 |
C
31.12.2012 |
D
31.12.2011 |
|||||||||||||||
|
ASSETS (AKTIVA) |
419.601.726 |
439.226.117 |
422.846.831 |
403.942.661 |
|||||||||||||||
|
LONG-TERM ASSETS |
267.092.100 |
279.091.649 |
259.466.527 |
246.628.099 |
|||||||||||||||
|
Intangible assets and long-term deferred costs and accrued revenues |
5.319.859 |
3.081.946 |
1.620.276 |
693.875 |
|||||||||||||||
|
Intangible assets |
5.319.859 |
3.081.946 |
1.620.276 |
693.875 |
|||||||||||||||
|
Long-term deferred costs and accrued revenues |
0 |
0 |
0 |
0 |
|||||||||||||||
|
Tangible fixed assets |
247.484.575 |
255.454.296 |
245.809.194 |
235.399.683 |
|||||||||||||||
|
Long-term financial investments and Real estate investments |
1.631.475 |
5.872.890 |
874.923 |
|
|||||||||||||||
|
Investment property |
71.657 |
73.690 |
75.723 |
77.756 |
|||||||||||||||
|
Long-term financial investments |
1.559.818 |
5.799.200 |
799.200 |
799.200 |
|||||||||||||||
|
Long-term operating receivables |
1.860.551 |
3.117.099 |
3.220.964 |
3.936.930 |
|||||||||||||||
|
Deferred receivables for taxes |
10.795.640 |
11.565.418 |
7.941.170 |
5.720.655 |
|||||||||||||||
|
SHORT-TERM ASSETS |
152.139.208 |
159.777.396 |
163.224.197 |
156.744.893 |
|||||||||||||||
|
Assets (group for estrange) for sell |
499.800 |
0 |
0 |
0 |
|||||||||||||||
|
Inventories |
50.433.315 |
54.579.946 |
50.615.741 |
55.273.136 |
|||||||||||||||
|
Short-term financial investments |
0 |
12.328.635 |
5.110.000 |
0 |
|||||||||||||||
|
Short-term operating receivables |
87.445.400 |
77.787.004 |
87.590.551 |
87.717.790 |
|||||||||||||||
|
Cash assets |
13.760.693 |
15.081.811 |
19.907.905 |
13.753.967 |
|||||||||||||||
|
Short-term deferred costs and accrued revenues |
370.418 |
357.072 |
156.107 |
569.669 |
|||||||||||||||
|
Off-balance sheet items |
0 |
0 |
0 |
0 |
|||||||||||||||
|
LIABILITIES |
419.601.726 |
439.226.117 |
422.846.831 |
403.942.661 |
|||||||||||||||
|
CAPITAL |
166.875.131 |
155.553.553 |
159.888.872 |
163.195.055 |
|||||||||||||||
|
Called-up capital |
83.458.521 |
83.458.521 |
83.458.521 |
83.458.521 |
|||||||||||||||
|
Basic (subscribed) capital |
83.458.521 |
83.458.521 |
83.458.521 |
83.458.521 |
|||||||||||||||
|
Non called-up capital (deductive item) |
0 |
0 |
0 |
0 |
|||||||||||||||
|
Capital reserves |
10.130.994 |
10.130.994 |
10.130.994 |
10.130.994 |
|||||||||||||||
|
Reserves from profit |
3.600.747 |
3.600.747 |
3.600.747 |
3.600.747 |
|||||||||||||||
|
Surplus from revaluation |
0 |
0 |
0 |
0 |
|||||||||||||||
|
Retained net |
69.684.869 |
58.363.291 |
62.698.610 |
59.152.048 |
|||||||||||||||
|
Net business result for the business year |
0 |
0 |
0 |
6.852.745 |
|||||||||||||||
|
PROVISIONS AND LONG-TERM ACCRUED COSTS AND DEFERRED REVENUES |
3.702.636 |
3.702.636 |
3.543.899 |
4.399.838 |
|||||||||||||||
|
FINANCIAL AND BUSINESS LIABILITIES |
248.514.608 |
278.685.226 |
258.827.963 |
240.747.606 |
|||||||||||||||
|
LONG-TERM LIABILITIES |
90.201.514 |
103.186.922 |
86.165.426 |
53.300.346 |
|||||||||||||||
|
Long-term financial liabilities |
89.474.515 |
103.032.830 |
86.059.916 |
53.257.617 |
|||||||||||||||
|
Long-term operating liabilities |
726.999 |
154.092 |
105.510 |
42.729 |
|||||||||||||||
|
Deferred liabilities for taxes |
0 |
0 |
0 |
0 |
|||||||||||||||
|
SHORT-TERM LIABILITIES |
158.313.094 |
175.498.304 |
172.662.537 |
182.008.970 |
|||||||||||||||
|
Liabilities, included in groups for estrange |
136.996 |
0 |
0 |
0 |
|||||||||||||||
|
Short-term financial liabilities |
39.291.282 |
57.901.515 |
46.286.941 |
71.016.373 |
|||||||||||||||
|
Short-term operating liabilities |
118.884.816 |
117.596.789 |
126.375.596 |
110.992.597 |
|||||||||||||||
|
SHORT-TERM ACCRUED COSTS AND DEFERRED REVENUES |
509.351 |
1.284.702 |
586.097 |
1.038.452 |
|||||||||||||||
|
Off-balance sheet items |
0 |
0 |
0 |
0 |
|||||||||||||||
|
A. The enclosed profit and loss account of 2014 is originated from
official source, it is not authenticated by the auditor. (31.12.2014 - 1 EUR) B. The enclosed profit and loss account of 2013 is originated from
official source, it is not authenticated by the auditor. (31.12.2013 - 1 EUR) C. The enclosed profit and loss account of 2012 is originated from
official source, it is authenticated by the auditor . (31.12.2012 - 1 EUR) D. The enclosed profit and loss account of 2011 is the company's own
report, it is authenticated by the auditor . (31.12.2011 - 1 EUR) |
|||||||||||||||||||
|
|
|||||||||||||||||||
|
PROFIT AND LOSS
ACCOUNT |
A
31.12.2014 |
B 31.12.2013
|
C
31.12.2012 |
D
31.12.2011 |
|||||||||||||||
|
Net sales |
419.286.628 |
368.700.113 |
432.348.213 |
437.251.777 |
|||||||||||||||
|
Changes in the value of inventories of products and work-in-process |
-5.416.731 |
10.215.546 |
-2.813.541 |
-4.032.572 |
|||||||||||||||
|
Capitalised own products and own services |
0 |
0 |
0 |
0 |
|||||||||||||||
|
Other operating revenues (with subventions, grants,...) |
4.298.195 |
1.983.087 |
5.628.267 |
6.082.041 |
|||||||||||||||
|
GROSS OPERATING YIELD |
418.168.092 |
380.898.746 |
435.162.939 |
439.301.246 |
|||||||||||||||
|
Cost of goods, material and services |
337.334.679 |
319.911.201 |
375.297.923 |
366.001.812 |
|||||||||||||||
|
Purchase value of goods and materials sold and cost of material and
cost of material used |
0 |
0 |
0 |
|
|||||||||||||||
|
Cost of services |
0 |
0 |
0 |
|
|||||||||||||||
|
Labour cost |
31.752.616 |
31.329.740 |
33.633.054 |
35.653.398 |
|||||||||||||||
|
Cost of wages |
24.199.204 |
23.180.749 |
23.823.806 |
25.232.237 |
|||||||||||||||
|
Cost of pension insurance |
0 |
0 |
0 |
0 |
|||||||||||||||
|
Cost of other social insurance |
4.027.086 |
3.789.823 |
4.703.589 |
5.127.766 |
|||||||||||||||
|
Other labour cost |
3.526.326 |
4.359.168 |
5.105.659 |
5.293.395 |
|||||||||||||||
|
Write-offs |
24.134.732 |
24.256.537 |
21.293.621 |
18.437.440 |
|||||||||||||||
|
Depreciation |
24.134.732 |
24.256.537 |
21.293.621 |
18.437.440 |
|||||||||||||||
|
Revaluation operating expenses for non-tangible assets and tangible
fixed assets |
0 |
0 |
0 |
0 |
|||||||||||||||
|
Revaluation operating expenses for current assets |
0 |
0 |
0 |
0 |
|||||||||||||||
|
Other operating expenses |
4.543.143 |
4.782.052 |
5.896.515 |
5.146.023 |
|||||||||||||||
|
OPERATING REVENUES |
423.584.823 |
370.683.200 |
437.976.480 |
443.333.818 |
|||||||||||||||
|
OPERATING EXPENSES |
397.765.170 |
380.279.530 |
436.121.113 |
425.238.673 |
|||||||||||||||
|
OPERATING RESULT |
25.819.653 |
-9.596.330 |
1.855.367 |
18.095.145 |
|||||||||||||||
|
EBIT |
20.402.922 |
619.216 |
-958.174 |
14.062.573 |
|||||||||||||||
|
Financial income from investments in other enterprises |
0 |
0 |
|
|
|||||||||||||||
|
Financial income from loans |
0 |
0 |
|
|
|||||||||||||||
|
Financial income from operating receivables |
0 |
0 |
|
|
|||||||||||||||
|
Financial expenses from depreciation and write-offs of financial investments
|
0 |
0 |
|
|
|||||||||||||||
|
Financial expenses from financial liabilities |
0 |
0 |
|
|
|||||||||||||||
|
Financial expenses from operating liabilities |
0 |
0 |
|
|
|||||||||||||||
|
Financial income |
1.247.919 |
709.843 |
325.634 |
189.237 |
|||||||||||||||
|
Financial expenses |
9.559.485 |
9.288.626 |
4.894.158 |
6.133.789 |
|||||||||||||||
|
Other revenues |
0 |
0 |
0 |
0 |
|||||||||||||||
|
Other expenses |
0 |
0 |
0 |
0 |
|||||||||||||||
|
Total revenues |
419.416.011 |
381.608.589 |
435.488.573 |
439.490.483 |
|||||||||||||||
|
Total costs |
407.324.655 |
389.568.156 |
441.015.271 |
431.372.462 |
|||||||||||||||
|
Total business result |
12.091.356 |
-7.959.567 |
-5.526.698 |
8.118.021 |
|||||||||||||||
|
Tax on profit |
0 |
0 |
0 |
0 |
|||||||||||||||
|
Deferred taxs |
769.778 |
-3.624.248 |
-2.220.515 |
1.265.276 |
|||||||||||||||
|
Net business result for the accounting period |
11.321.578 |
-4.335.319 |
-3.306.183 |
6.852.745 |
|||||||||||||||
|
|
|||||||||||||||||||
|
RATIOS |
|
2011 |
2012 |
2013 |
2014 |
||||||||||||||
|
|
Equity ratio |
0,21 |
0,2 |
0,19 |
0,2 |
||||||||||||||
|
|
Cleared equity ratio |
0,21 |
0,2 |
0,19 |
0,2 |
||||||||||||||
|
|
Current liquidity |
0,86 |
0,95 |
0,91 |
0,96 |
||||||||||||||
|
|
Quick liquidity |
0,56 |
0,65 |
0,6 |
0,64 |
||||||||||||||
|
|
Working capital |
-25264077 |
-9438340 |
-15720908 |
-6173886 |
||||||||||||||
|
|
Gearing |
4,84 |
5,07 |
5,26 |
5,03 |
||||||||||||||
|
|
Cleared gearing |
1,49 |
1,59 |
1,93 |
1,54 |
||||||||||||||
|
|
Profitability |
1,85 |
-1,27 |
-2,09 |
2,88 |
||||||||||||||
|
|
Operating profitability |
1,56 |
-0,76 |
-1,14 |
2,7 |
||||||||||||||
|
|
Stock days |
45,9 |
42,42 |
52,2 |
43,89 |
||||||||||||||
|
|
Debtor days |
72,85 |
73,41 |
74,4 |
76,1 |
||||||||||||||
|
|
Supplier days |
92,18 |
106 |
112 |
103 |
||||||||||||||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.11 |
|
|
1 |
Rs.101.03 |
|
Euro |
1 |
Rs.70.77 |
INFORMATION DETAILS
|
Analysis Done by
: |
HEE |
|
|
|
|
Report Prepared
by : |
TPT |
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.