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Report No. : |
501742 |
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Report Date : |
07.04.2018 |
IDENTIFICATION DETAILS
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Name : |
STAPPERT
DEUTSCHLAND GMBH |
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Registered Office : |
Willstätterstr. 13 D 40549 Düsseldorf Post Box: 11 11 31, D 40511 Düsseldorf |
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Country : |
Germany |
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Financials (as on) : |
31.12.2016 |
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|
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Date of Incorporation : |
11.10.1922 |
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Com. Reg. No.: |
HRB 20 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
·
Wholesale of iron ores, iron, steel and iron and steel
semi-finished goods ·
Wholesale of non-ferrous ores, metals and metal
semi-finished goods |
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No. of Employees : |
298 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A+ |
|
Credit Rating |
Explanation |
Rating Comments |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
|
Very High Risk |
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 a large increase in 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 economic 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. The German Government introduced a minimum wage in 2015 that increased to $9.79 (8.84 euros) in January 2017.
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 2017 Germany reached a budget surplus of 0.7%. 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 during 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 largely with renewable energy, which accounted for 29.5% of gross electricity consumption in 2016, 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. Domestic consumption, investment, and exports are likely to drive German GDP growth in 2018, and the country’s budget and trade surpluses are likely to remain high.
|
Source
: CIA |
Stappert
Deutschland GmbH
Company
Status: active
Willstätterstr. 13
D 40549 Düsseldorf
Post Box:
11 11 31, D 40511 Düsseldorf
Telephone:0211/5279-0
Telefax:
0211/5279-177
Homepage: www.stappert.biz/deutschland
E-mail:
deutschland@stappert.biz
VAT
no. : DE119268333
LEGAL
FORM Private limited company
Registered
on : 11.10.1922
Commercial
Register : Local court 40227
Düsseldorf
under: HRB 20
Share
capital:
EUR 8,871,000.00
Shareholder:
Jacquet Metal Service SA
F - Saint-Priest
Legal form: Other legal
form
Share: EUR 8,871,000.00
Manager:
Peter Kolz
D 40880 Ratingen
authorized to jointly
represent the company
born: 24.04.1963
Profession: Businessman
Manager:
Thomas Cramer
D 40667 Meerbusch
born: 10.03.1967
Manager:
Sarah Vaison de Fontaube
F Lyon
born: 08.10.1975
Nationality: French
Proxy:
Ralf Joachim Becker
Terhardthof 83
D 46539 Dinslaken
authorized to jointly
represent the company
born: 30.09.1966
Profession: Businessman
Marital status: unknown
Proxy:
Roland Flach
D 40789 Monheim
authorized to jointly
represent the company
born: 15.11.1960
Proxy:
Dipl.-Betriebswirt
Louis-Patrice Ntivyihabwa
Neckarstr. 17
D 40219 Düsseldorf
born: 18.10.1962
Proxy:
Marc Brucherseifer
D 04029 Leipzig
authorized to jointly
represent the company
born: 23.02.1976
Proxy:
Colin Hesse
D 30159 Hannover
authorized to jointly represent
the company
born: 19.10.1973
Proxy:
Dirk Fälber
D 36280 Oberaula
authorized to jointly
represent the company
born: 02.06.1968
Proxy:
Reinhold Berger
D 59368 Werne
authorized to jointly
represent the company
born: 11.04.1964
Proxy:
Roman Meier
D 68159 Mannheim
authorized to jointly represent the
company
born: 18.06.1970
Proxy:
Bettina Baer
D 20095 Hamburg
authorized to jointly
represent the company
born: 12.12.1963
Proxy:
Christian Hartema
D 56479 Willingen
authorized to jointly
represent the company
born: 26.12.1965
Proxy:
Benjamin Traud
D 68159 Mannheim
authorized to jointly
represent the company
born: 16.06.1984
Manager:
FINKENHOLL STAHL SERVICE
CENTER GmbH
Bahnstr. 38
D 44793 Bochum
Legal form: Private
limited company
Share capital: EUR 1,320,000.00
Registered
on: 28.04.1959
Reg. data: 44787 Bochum, HRB 146
Manager:
Stappert Services GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 20.01.2016
Reg. data: 40227 Düsseldorf, HRB 76734
Manager:
IMS group Holding Deutschland
GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 12.07.2013
Reg. data: 40227 Düsseldorf, HRB 70611
Manager:
Betonstahl Bochum GmbH
Bahnstr. 38
D 44793 Bochum
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 14.02.2014
Reg. data: 44787 Bochum, HRB 14833
Manager:
Quarto Deutschland GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 06.02.2014
Reg. data: 40227 Düsseldorf, HRB 71962
Manager:
Jacquet Metal Service GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 29.12.2017
Reg. data: 40227 Düsseldorf, HRB 82354
Proxy:
Jacquet Berlin GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private
limited company
Share capital: EUR
112,500.00
Registered
on: 05.04.2018
Reg. data: 40227 Düsseldorf, HRB 83154
Proxy:
JACQUET Deutschland GmbH
Bahnstr. 38
D 44793 Bochum
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 12.11.2013
Reg. data: 44787 Bochum, HRB 14692
company
name and legal form
11.10.1922
- 01.10.2012 Stappert Spezial-Stahl
Handel GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Private limited
company
20.01.2015
- 05.02.2018 Manager
Bernhard Foterek
D 58452 Witten
09.11.2015
- 09.01.2018 Manager
Marc Steffen
D 40472 Ratingen
20.01.2015
- 27.01.2016 Manager
Wolfgang Hartmann
D 40667 Meerbusch
20.01.2015
- 05.11.2015 Manager
Eric Michel Jacquet
F Saint Priest
04.11.2010
- 05.11.2015 Manager
Thierry Robert Arthur
Philippe
F Lyon
Main
industrial sector
46721 Wholesale of iron ores, iron, steel and iron
and steel
semi-finished
goods
46722 Wholesale of non-ferrous ores, metals and
metal
semi-finished
goods
Branch:
Stappert Deutschland GmbH
Edisonstr. 19
D 59199 Bönen
TEL.: 02383/9570
FAX.: 02383/957010
Reg. entry: 21.12.2004
Branch:
Stappert Deutschland GmbH
Landsberger Allee 366
D 12681 Berlin
TEL.: 030/428403-0
Branch:
Stappert Deutschland GmbH
Josef-Beyerle-Str. 13
D 71263 Weil der Stadt
TEL.: 07033/5282-0
FAX.: 07033/4713
Reg. entry: 18.06.1993
Branch:
Stappert Deutschland GmbH
Paul-Gerhardt-Allee 48
D 81245 München
TEL.: 089/82917-0
FAX.: 089/82917-200
Branch:
Stappert Deutschland GmbH
Hugo-Aurig-Str. 7d
D 04319 Leipzig
TEL.: 0341/65972-0
Branch:
Stappert Deutschland GmbH
Industriestr. 9
D 36272 Niederaula
TEL.: 06625-100-0
Reg. entry: 22.09.1994
Branch:
Stappert Deutschland GmbH
Am Plärrer 27
D 90443 Nürnberg
TEL.: 0911/393626-0
Branch:
Stappert Deutschland GmbH
An der Strusbek 54
D 22926 Ahrensburg
TEL.: 04102/474110
FAX.: 04102/474122
Reg. entry: 11.10.1922
Branch:
Stappert Deutschland GmbH
Mitscherlichstr. 9
D 79108 Freiburg
TEL.: 0761/55965-0
Branch:
Stappert Deutschland GmbH
Karl-Wiechert-Allee 76
D 30625 Hannover
TEL.: 0511/54097-0
Branch:
Stappert Deutschland GmbH
Donaustr. 64-66
D 68199 Mannheim
TEL.: 0621/84216-0
Branch:
Stappert Deutschland GmbH
Ronsdorfer Str. 24
D 40233 Düsseldorf
TEL.: 0211/99550-0
Branch:
Stappert Deutschland GmbH
Wilhelmstr. 22
D 89073 Ulm
TEL.: 0731/140129-0
Shareholder:
Stappert Services GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 20.01.2016
Local court
40227 Düsseldorf
HRB 76734
Payment
experience: Regular
Negative
information: We have no negative information at hand.
The maximum credit is our
recommendation for
the maximum credit limit
for the inquired
company.
Balance
sheet grade: 1.9 The balance sheet
grade ranges from
1.0 to 5.0. It is based on the
following ratios:
equity ratio,
liquidity ratio
and return on total
capital from the
balance sheets
published in the
Federal Gazette.
The balance sheet
grade forms part
of the Solvency
Rating[NG].
Balance
sheet year: 2016
PMI: No significant / relevant payment
experience
information pertaining to
the company
inquired upon is shown in
the Deutscher
Debitoren Monitor
(DDMonitor).
Type
of ownership: Tenant
Address Willstätterstr. 13
D 40549 Düsseldorf
Land
register documents were not available.
Principal
banks
BANKHAUS
LAMPE, 40005 DÜSSELDORF
Sort.
code: 48020151, Account no.: 1512196
BIC:
LAMPDEDDXXX, IBAN: DE43480201510001512196
DEUTSCHE
BANK, 40189 DÜSSELDORF
Sort.
code: 30070010, Account no.: 3635000
BIC:
DEUTDEDDXXX, IBAN: DE59300700100363500000
UNICREDIT
BANK - HYPOVEREINSBANK, 40212 DÜSSELDORF
Sort.
code: 30220190, Account no.: 364055544
BIC:
HYVEDEMM414, IBAN: DE30302201900364055544
Turnover: 2016 EUR 219,363,043.00
Profit: 2016 EUR 8,909,359.00
Equipment: EUR 1,973,592.00
Ac/ts
receivable:
EUR 17,787,107.00
Liabilities: EUR 43,364,233.00
Employees:
298
BALANCE
SHEETS
Balance
sheet ratios 01.01.2016 - 31.12.2016
Equity
ratio [%]: 60.41
Liquidity
ratio: 0.42
Return
on total capital [%]: 6.57
Balance
sheet ratios 01.01.2015 - 31.12.2015
Equity
ratio [%]: 60.87
Liquidity
ratio: 0.45
Return
on total capital [%]: 4.38
Balance
sheet ratios 01.01.2014 - 31.12.2014
Equity
ratio [%]: 63.68
Liquidity
ratio: 0.59
Return
on total capital [%]: 8.79
Balance
sheet ratios 01.01.2013 - 31.12.2013
Equity
ratio [%]: 62.10
Liquidity
ratio: 0.60
Return
on total capital [%]: 2.68
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.
Balance
sheet grade
The
balance sheet grade is based on the following ratios: equity
ratio,
liquidity ratio and return on total capital from the
balance
sheets published in the Federal Gazette. It is calculated
in
accordance with the methodology of Euler Hermes. It ranges
from
1.0 (positive) to 5.0 (negative).
Type
of balance
sheet: Company balance sheet
Origin
of the present
balance
sheet: electronic German Federal
Gazette
Financial
year: 01.01.2016 - 31.12.2016
ASSETS EUR 135,561,981.64
Fixed assets EUR 56,752,146.20
Intangible assets EUR 8,208.00
Concessions, licences, rights EUR 8,206.00
Goodwill EUR 2.00
Tangible assets EUR 5,496,906.54
Land / similar rights EUR 3,482,073.04
Other tangible assets / fixtures and
fittings EUR 1,973,592.00
Advance payments made / construction
in progress EUR 41,241.50
Financial assets EUR
51,247,031.66
Shares in participations /
subsidiaries and the like EUR 51,247,031.66
Shares in related companies EUR 51,247,031.66
Current assets EUR 78,793,933.92
Stocks EUR 60,852,895.67
Raw materials, consumables and
supplies EUR 264,095.12
Finished goods / work in progress EUR
58,315,946.97
Advance payments made EUR 2,272,853.58
Accounts receivable EUR 17,787,107.46
Trade debtors EUR 6,521,621.57
Amounts due from related companies EUR
7,485,361.93
Other debtors and assets EUR 3,780,123.96
Liquid means EUR 153,930.79
Remaining other assets EUR 15,901.52
Accruals (assets) EUR 15,901.52
LIABILITIES EUR 135,561,981.64
Shareholders' equity EUR 80,854,111.50
Capital EUR 8,871,000.00
Subscribed capital (share capital) EUR
8,871,000.00
Balance sheet profit/loss (+/-) EUR 71,983,111.50
Profit / loss brought forward EUR 63,073,752.20
Annual surplus / annual deficit EUR 8,909,359.30
Provisions EUR 11,343,637.60
Pension provisions and comparable
provisions EUR 5,866,040.07
Provisions for taxes EUR 1,072,307.00
Other / unspecified provisions EUR 4,405,290.53
Liabilities
EUR 43,364,232.54
Financial debts EUR 22,340,084.62
Liabilities due to banks EUR 22,340,084.62
Other liabilities EUR 21,024,147.92
Trade creditors (for IAS incl. bills
of exchange) EUR 19,226,427.56
Liabilities from received advance
payments EUR 114,810.79
Liabililties due to related
companiesEUR 1,204,079.16
Unspecified other liabilities EUR 478,830.41
thereof liabilities from tax /
financial authorities EUR 182,694.69
thereof liabilities from social
security EUR 3,388.47
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 219,363,042.64
Other operating income EUR 968,167.15
Cost of materials EUR 167,210,363.07
Raw materials and supplies, purchased
goods EUR 166,504,131.94
Purchased services EUR 706,231.13
Gross result (+/-) EUR
53,120,846.72
Staff expenses EUR 18,704,920.44
Wages and salaries EUR 15,801,132.33
Social security contributions and
expenses for pension plans and
benefits EUR 2,903,788.11
Total depreciation EUR 2,689,418.64
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 579,418.64
Depreciation on current assets (+/-) EUR
2,110,000.00
Other operating expenses EUR 21,132,860.23
Operating result from continuing
operations EUR 10,593,647.41
Result from participating interests
(+/-) EUR 4,297,206.70
Expenses / income from participations
EUR 4,297,206.70
Income from related companies EUR 4,297,206.70
Interest result (+/-) EUR -788,525.76
Interest and similar income EUR 188,345.78
thereof from related companies EUR 155,918.80
Interest and similar expenses EUR 976,871.54
Other financial result EUR -1,500,000.00
Depreciation on financial assets and
marketable securities EUR 1,500,000.00
Financial result (+/-) EUR 2,008,680.94
Result from ordinary operations (+/-) EUR
12,602,328.35
Income tax / refund of income tax
(+/-)EUR -3,623,874.94
Other taxes / refund of taxes EUR -69,094.11
Tax (+/-) EUR -3,692,969.05
Annual surplus / annual deficit EUR 8,909,359.30
Type
of balance
sheet: Company balance sheet
Origin
of the present
balance
sheet: electronic German Federal
Gazette
Financial
year: 01.01.2015 - 31.12.2015
ASSETS EUR 130,727,036.01
Fixed assets EUR 58,183,385.17
Intangible assets EUR 16,576.00
Concessions, licences, rights EUR 16,574.00
Goodwill EUR 2.00
Tangible assets EUR 5,447,790.16
Land / similar rights EUR 3,614,982.04
Other tangible assets / fixtures and
fittings EUR 1,832,808.12
Financial assets EUR 52,719,019.01
Shares in participations /
subsidiaries and the like EUR 52,719,019.01
Shares in related companies EUR 52,719,019.01
Current assets EUR 72,507,663.48
Stocks EUR 54,227,651.62
Raw materials, consumables and
supplies EUR 312,561.42
Finished goods / work in progress EUR
52,484,379.57
Advance payments made EUR 1,430,710.63
Accounts receivable EUR 18,069,604.00
Trade debtors EUR 5,397,442.46
Amounts due from related companies EUR
10,818,455.05
Other debtors and assets EUR 1,853,706.49
Liquid means EUR 210,407.86
Remaining other assets EUR 35,987.36
Accruals (assets) EUR 35,987.36
LIABILITIES EUR 130,727,036.01
Shareholders' equity EUR 78,983,752.20
Capital EUR 8,871,000.00
Subscribed capital (share capital) EUR
8,871,000.00
Balance sheet profit/loss (+/-) EUR 70,112,752.20
Profit / loss brought forward EUR 64,381,001.45
Annual surplus / annual deficit EUR 5,731,750.75
Provisions
EUR 10,639,485.85
Pension provisions and comparable
provisions EUR 6,321,796.86
Provisions for taxes EUR 847,437.82
Other / unspecified provisions EUR 3,470,251.17
Liabilities EUR 41,103,797.96
Financial debts EUR 16,429,763.25
Liabilities due to banks EUR 16,429,763.25
Other liabilities EUR 24,674,034.71
Trade creditors (for IAS incl. bills
of exchange) EUR 22,148,064.47
Liabilities from received advance
payments EUR 99,826.98
Liabililties due to related
companiesEUR 914,070.62
Unspecified other liabilities EUR 1,512,072.64
thereof liabilities from tax /
financial authorities EUR 633,902.55
thereof liabilities from social
security EUR 7,208.58
Guarantees and other commitments EUR 2,811,000.00
Letters of support EUR 2,811,000.00
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 233,206,388.90
Other operating income EUR 4,573,189.98
Cost of materials EUR 190,771,692.29
Raw materials and supplies, purchased
goods EUR 190,771,692.29
Gross result (+/-) EUR 47,007,886.59
Staff expenses EUR 19,156,591.02
Wages and salaries EUR 15,494,599.97
Social security contributions and
expenses for pension plans and
benefits EUR 3,661,991.05
Total depreciation EUR 519,051.71
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 519,051.71
Other operating expenses EUR 22,288,270.51
Operating result from continuing
operations EUR 5,043,973.35
Result from participating interests
(+/-) EUR 2,979,880.62
Expenses / income from participations
EUR 2,979,880.62
Income from related companies EUR 2,979,880.62
Interest result (+/-) EUR -762,452.26
Interest and similar income EUR 422,062.79
thereof from related companies EUR 191,247.61
Interest and similar expenses EUR 1,184,515.05
Financial result (+/-) EUR 2,217,428.36
Result from ordinary operations (+/-) EUR
7,261,401.71
Income tax / refund of income tax
(+/-)EUR -1,463,069.04
Other taxes / refund of taxes EUR -66,581.92
Tax (+/-) EUR -1,529,650.96
Annual surplus / annual deficit EUR 5,731,750.75
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.98 |
|
|
1 |
INR 90.95 |
|
Euro |
1 |
INR 79.51 |
|
Euro |
1 |
INR 79.84 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
DNS |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.