3decades

MIRA INFORM REPORT

Report No. :	509094
Report Date :	14.05.2018

IDENTIFICATION DETAILS

Name :	BROKK AKTIEBOLAG

Registered Office :	Box 730, 931 27 Skellefteå, Västerbotten

Country :	Sweden

Financials (as on) :	December, 2016

Date of Incorporation :	04.03.1968

Com. Reg. No.:	5561156224

Legal Form :	Limited Liability Company

Line of Business :	Subject is engaged in Manufacture of machinery for mining, quarrying and construction.

No. of Employees :	85

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

A+

Credit Rating	Explanation	Rating Comments
A+	Low Risk	Business dealings permissible with low risk of default

Status :	Excellent

Payment Behaviour :	Regular

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)

Sweden

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	D

SWEDEN - ECONOMIC OVERVIEW

Sweden’s small, open, and competitive economy has been thriving and Sweden has achieved an enviable standard of living with its combination of free-market capitalism and extensive welfare benefits. Sweden remains outside the euro zone largely out of concern that joining the European Economic and Monetary Union would diminish the country’s sovereignty over its welfare system.

Timber, hydropower, and iron ore constitute the resource base of a manufacturing economy that relies heavily on foreign trade. Exports, including engines and other machines, motor vehicles, and telecommunications equipment, account for more than 44% of GDP. Sweden enjoys a current account surplus of about 5% of GDP, which is one of the highest margins in Europe.

GDP grew an estimated 3.3% in 2016 and 2017 driven largely by investment in the construction sector. Economic growth is expected to ease slightly in the coming years as this investment subsides. Global economic growth boosted exports of Swedish manufactures further, helping drive domestic economic growth in 2017. The central bank is keeping an eye on deflationary pressures and is expected to maintain its expansionary monetary policy in 2018. Swedish prices and wages have grown only slightly over the past few years, helping to support the country’s competitiveness.

In the short and medium term Sweden’s economic challenges include keeping rising house prices in check and successfully integrating migrants into the labor market.

Source : CIA

Company name and Summary
Business Name	Brokk Aktiebolag
Country	SWEDEN
Company Registration Number	5561156224
Activity Code	28920
Activity Description	Manufacture of machinery for mining, quarrying and construction
Company Status	Active (Active)
Latest Turnover Figure	431,220,000 SEK
Latest Shareholder Equity Figure	443,929,000 SEK

Basic Information
Business Name	Brokk Aktiebolag
Registered Company Name	Brokk Aktiebolag
Company Registration Number	5561156224
Country	SWEDEN
VAT Registration Number	SE556115622401
Date of Company Registration	04/03/1968
Legal Form	Limited liability company
Company Status	Active (Active)
Currency of this Report	SEK
Principal Activity Code	No code
Principal Activity Description	-
Contact Address	Box 730, 931 27 SKELLEFTEÅ, VÄSTERBOTTEN
Contact Telephone Number	- -

Main Address
Address	Box 730, 931 27 SKELLEFTEÅ, VÄSTERBOTTEN
Country	SWEDEN
Telephone	- -

Activities

Activity Code Activity Description

28920 Manufacture of machinery for mining, quarrying and construction

Email Addresses

No email addresses for this company

Web Pages

www.brokk.com

Employee Information
Year	Number of Employees
2016	85
2015	82
2014	85
2013	84
2012	83

Advisors

Auditor Name PricewaterhouseCoopers AB

Tax Registrations
Registered for FTax	Yes
Registered for VAT	Yes
Registered for Employee Tax	Yes

Certificates

No certificate information for this company

Industry Comparison
Activity Code	28920
Activity Description	Manufacture of machinery for mining, quarrying and construction
Industry Average Credit Rating	77 (1 - 100)
Industry Average Credit Limit	2,774,000

Event History
Event Date	Event Description
03/05/2018	Authorised signatories amended or new/amended vacancy text
03/05/2018	Company representatives, changed
17/11/2017	Group Structure Change
07/11/2017	Certificate, registered
23/10/2017	Group Structure Change
03/10/2017	Company representatives, changed
28/09/2017	Group Structure Change
19/09/2017	Group Structure Change
15/09/2017	Group Structure Change
30/08/2017	Group Structure Change
28/08/2017	Group Structure Change
24/08/2017	Group Structure Change
21/08/2017	Group Structure Change
04/08/2017	Group Structure Change
03/08/2017	Group Structure Change
01/08/2017	Group Structure Change
24/07/2017	Group Structure Change
19/07/2017	Group Structure Change
14/07/2017	Group Structure Change
05/07/2017	Group Structure Change
03/07/2017	Group Structure Change
28/06/2017	Annual account, new
28/06/2017	Group annual accout, new
22/06/2017	Annual report (PDF), new
20/06/2017	Group Structure Change
19/06/2017	Group Structure Change
15/06/2017	Group Structure Change
13/06/2017	Group Structure Change
12/06/2017	Group Structure Change
09/06/2017	Group Structure Change
24/05/2017	Group Structure Change
23/05/2017	Group Structure Change
22/05/2017	Group Structure Change
17/05/2017	Group Structure Change
15/05/2017	Group Structure Change
26/04/2017	Group Structure Change
10/03/2017	Group Structure Change
23/02/2017	Authorised signatories amended or new/amended vacancy text
23/02/2017	Company representatives, changed
21/02/2017	Authorised signatories amended or new/amended vacancy text
21/02/2017	Company representatives, changed
12/09/2016	Group Structure Change
08/09/2016	Group Structure Change
06/09/2016	Group Structure Change
02/09/2016	Group Structure Change
22/08/2016	Group Structure Change
16/08/2016	Group Structure Change
15/08/2016	Group Structure Change
01/08/2016	Group Structure Change
22/07/2016	Group Structure Change
19/07/2016	Group Structure Change
15/07/2016	Group Structure Change
14/07/2016	Group Structure Change
13/07/2016	Group Structure Change
12/07/2016	Group Structure Change
11/07/2016	Group annual accout, new
11/07/2016	Group Structure Change
11/07/2016	Annual account, new
06/07/2016	Group Structure Change
05/07/2016	Annual report (PDF), new
01/07/2016	Group Structure Change
30/06/2016	Group Structure Change
29/06/2016	Group Structure Change
20/06/2016	Group Structure Change
09/06/2016	Group Structure Change
07/06/2016	Group Structure Change
02/06/2016	Group Structure Change
27/05/2016	Group Structure Change
26/05/2016	Group Structure Change
20/05/2016	Group Structure Change
19/05/2016	Group Structure Change
18/05/2016	Group Structure Change
14/05/2016	Authorised signatories amended or new/amended vacancy text
14/05/2016	Company representatives, changed
26/04/2016	Group Structure Change
11/11/2015	Group Structure Change
09/11/2015	Group Structure Change
01/10/2015	Group Structure Change
18/09/2015	Group Structure Change
17/09/2015	Group Structure Change
08/09/2015	Group Structure Change
20/08/2015	Group Structure Change
18/08/2015	Group Structure Change
05/08/2015	Group Structure Change
27/07/2015	Group Structure Change
22/07/2015	Group Structure Change
21/07/2015	Group Structure Change
20/07/2015	Group Structure Change
17/07/2015	Group Structure Change
14/07/2015	Group Structure Change
13/07/2015	Group Structure Change
10/07/2015	Group Structure Change
08/07/2015	Group Structure Change
02/07/2015	Group Structure Change
01/07/2015	Group Structure Change
30/06/2015	Group Structure Change
26/06/2015	Group Structure Change
23/06/2015	Group Structure Change
22/06/2015	Group Structure Change
19/06/2015	Group Structure Change
18/06/2015	Group Structure Change
16/06/2015	Group Structure Change
11/06/2015	Group annual accout, new
11/06/2015	Annual account, new
04/06/2015	Annual report (PDF), new
22/05/2015	Group Structure Change
14/05/2015	Group Structure Change
29/04/2015	Group Structure Change
20/04/2015	Group Structure Change
10/04/2015	Certificate, deregistered
17/03/2015	Company representatives, changed
17/03/2015	Authorised signatories amended or new/amended vacancy text
10/03/2015	Group Structure Change
11/11/2014	Group Structure Change
21/10/2014	Group Structure Change
13/10/2014	Group Structure Change
09/10/2014	Group Structure Change
03/10/2014	Group Structure Change
22/09/2014	Group Structure Change
16/09/2014	Group Structure Change
01/09/2014	Group Structure Change
29/08/2014	Group Structure Change
26/08/2014	Group Structure Change
25/08/2014	Group Structure Change
13/08/2014	Group Structure Change
08/08/2014	Group Structure Change
06/08/2014	Group Structure Change
05/08/2014	Group Structure Change
01/08/2014	Group Structure Change
31/07/2014	Group Structure Change
28/07/2014	Group Structure Change
24/07/2014	Group annual accout, new
24/07/2014	Annual account, new
21/07/2014	Annual report (PDF), new
21/07/2014	Group Structure Change
18/07/2014	Group Structure Change
14/07/2014	Group Structure Change
10/07/2014	Group Structure Change
01/07/2014	Group Structure Change
25/06/2014	Group Structure Change
17/06/2014	Group Structure Change
21/05/2014	Group Structure Change
12/05/2014	Group Structure Change
12/09/2013	Group Structure Change
11/09/2013	Group Structure Change
09/09/2013	Group Structure Change
05/09/2013	Group Structure Change
29/08/2013	Group Structure Change
28/08/2013	Group Structure Change
23/08/2013	Group Structure Change
15/08/2013	Group Structure Change
14/08/2013	Group annual accout, new
14/08/2013	Annual account, new
07/08/2013	Group Structure Change
29/07/2013	Group Structure Change
23/07/2013	Annual report (PDF), new
22/07/2013	Group Structure Change
15/07/2013	Group Structure Change
10/07/2013	Group Structure Change
09/07/2013	Group Structure Change
08/07/2013	Group Structure Change
05/07/2013	Group Structure Change
04/07/2013	Group Structure Change
03/07/2013	Group Structure Change
14/06/2013	Group Structure Change
11/06/2013	Group Structure Change
07/06/2013	Group Structure Change
30/05/2013	Group Structure Change
29/05/2013	Group Structure Change

Status History

No status history events for this company

Profit and Loss
Financial Year	12/2016	12/2015	12/2014
Number of Weeks	52	52	52
Currency	SEK	SEK	SEK
Consolidated Accounts	No	No	No
Revenue	447,320,000	436,747,000	362,874,000
Operating Costs	280,711,000	273,480,000	242,668,000
Operating Profit	166,609,000	163,267,000	120,206,000
Financial Income	128,000	288,000	218,000
Financial Expenses	238,000	-	601,000
Extraordinary Income	-	-	-
Extraordinary Costs	-	-	-
Profit before Tax	190,871,000	214,155,000	138,661,000
Tax	25,378,000	18,613,000	6,642,000
Profit after Tax	165,493,000	195,542,000	132,019,000
Minority Interests	-	-	-
Other Appropriations	-51,986,000	-79,452,000	-90,228,000
Retained Profit	113,507,000	116,090,000	41,791,000

Balance Sheet
Financial Year	12/2016	12/2015	12/2014
Number of Weeks	52	52	52
Currency	SEK	SEK	SEK
Consolidated Accounts	No	No	No
Land & Buildings	6,014,000	6,377,000	6,741,000
Plant & Machinery	3,736,000	3,984,000	2,881,000
Other Tangible Assets	278,000	105,000	170,000
Total Tangible Assets	10,028,000	10,466,000	9,792,000
Goodwill	-	-	-
Other Intangible Assets	-	-	-
Total Intangible Assets	-	-	-
Loans To Group	1,782,000	4,078,000	8,192,000
Other Loans	-	-	-
Miscellaneous Fixed Assets	291,089,000	237,509,000	237,509,000
Total Other Fixed Assets	292,871,000	241,587,000	245,701,000
TOTAL FIXED ASSETS	302,899,000	252,053,000	255,493,000
Work In Progress	-	-	-
Other Inventories	51,621,000	51,866,000	56,792,000
Total Inventories	51,621,000	51,866,000	56,792,000
Trade Receivables	19,166,000	25,397,000	19,409,000
Group Receivables	229,481,000	154,815,000	37,263,000
Miscellaneous Receivables	4,221,000	5,839,000	3,141,000
Total Receivables	252,868,000	186,051,000	59,813,000
Cash	7,000	40,000	29,000
Other Current Assets	-	-	-
TOTAL CURRENT ASSETS	304,496,000	237,957,000	116,634,000
TOTAL ASSETS	607,395,000	490,010,000	372,127,000
Trade Payables	15,144,000	17,956,000	16,070,000
Bank Liabilities	-	-	-
Group Payables	14,371,000	52,633,000	97,624,000
Miscellaneous Liabilities	54,086,000	46,720,000	27,933,000
TOTAL CURRENT LIABILITIES	83,601,000	117,309,000	141,627,000
Bank Liabilities Due After 1 Year	-	-	-
Other Loans Or Finance Due After 1 Year	-	-	-
Group Payables Due After 1 Year	-	-	-
Miscellaneous Liabilities Due After 1 Year	79,865,000	42,279,000	16,168,000
TOTAL LONG TERM LIABILITIES	79,865,000	42,279,000	16,168,000
TOTAL LIABILITIES	163,466,000	159,588,000	157,795,000
Called Up Share Capital	2,400,000	2,400,000	2,400,000
Share Premium	-	-	-
Revenue Reserves	441,049,000	327,542,000	211,452,000
Other Reserves	480,000	480,000	480,000
TOTAL SHAREHOLDERS EQUITY	443,929,000	330,422,000	214,332,000

Other Financials
Financial Year	12/2016	12/2015	12/2014
Contingent Liabilities	5,181,000	561,000	1,908,000
Working Capital	220,895,000	120,648,000	-24,993,000
Net Worth	443,929,000	330,422,000	214,332,000

Ratios
Financial Year	12/2016	12/2015	12/2014
Pre-Tax Profit Margin (%)	42.67 %	49.03 %	38.21 %
Return On Capital Employed (%)	27.62 %	35.26 %	26.99 %
Return On Total Assets Employed (%)	31.42 %	43.70 %	37.26 %
Return On Net Assets Employed (%)	43.00 %	64.81 %	64.69 %
Sales/Net Working Capital	2.03	3.62	-14.52
Stock Turnover Ratio (%)	11.54 %	11.88 %	15.65 %
Debtor Days	15.64	21.22	19.52
Creditor Days	12.36	15.01	16.16
Current Ratio	3.64	2.03	0.82
Liquidity Ratio/Acid Test	3.02	1.59	0.42
Current Debt Ratio	0.19	0.36	0.66
Gearing (%)	-	-	-
Equity In Percentage (%)	141.14 %	133.01 %	169.53 %
Total Debt Ratio	0.37	0.48	0.74

Additional Financials Items
Year End Date	2016	2015	2014
Audited Accounts	Yes	Yes	Yes
Auditor Comments	-	-	-

Share Capital Structure

Issued Share Capital 2,400,000 SEK

Shareholders
No shareholders data for this company.
Current Directors
Name	Appointment Date	Position
Nils Fredrik Knagenhielm-Karlsson	20/11/2001	Actual Member of Board
Gerhard Darda	29/08/2006	Actual Member of Board
Annika Fredrika Norlund	06/02/2004	Actual Member of Board
Kurt Olof Robert Burman	12/10/2005	Actual Member of Board
Stephen Peter Mc Donough	20/02/2017	Actual Member of Board
André Johan Marcus Bergkvist	02/05/2018	Substitute
Olov Anders Labba	23/06/2009	Substitute

Previous Directors
Name	Appointment Date	Position	Resignation Date
John Erik Tomas Burström	20/02/2017	Substitute	02/05/2018
Leif Ola Petrus Stenberg	13/05/2016	Actual Member of Board	20/02/2017
Stephen Peter Mc Donough	16/03/2015	Substitute	20/02/2017
Åke Allan Edström	20/04/2009	Actual Member of Board	13/05/2016
Bengt Stefan Vidmark	06/02/2004	Substitute	16/03/2015

Group structure

	Company Name	Number	Latest Annual Accounts
0	Carl Bennet AB	5563790715	31/12/2016
1	Dragesholm AB	5566729538	31/12/2016
1	Elanders AB	5560081621	31/12/2016
2	Elanders Taiwan Co Ltd		-
2	Midland Information Resources Company		-
3	Midland Digital Color Inc		-
3	Midland Press Corporation		-
2	Fotokasten Gbmh		-
2	Dom Deutsche Online Medien Gmbh		-
2	Elander Gmbh		-
3	Elanders Printpack GmbH & Co. KG	HRA 211285	-
2	Elanders (Beijing) Digital Development Ltd		-
2	Elanders Anymedia AB	5565595922	31/12/2016
2	Elanders Beijing Printing Co Ltd		-
2	Elanders Do Brasil Ltda		-
2	Elanders Hungary Kft		-
2	Elanders Infologistics AB	5561218891	31/12/2016
3	Elanders Sverige AB	5562621689	31/12/2016
4	Falköping Karlavagnen 6 AB	5568327844	31/12/2016
2	Elanders NRS AB	5562296938	31/12/2016
2	Elanders FoH AB	5560995663	31/12/2016
2	Elanders Italy Societa A Responsabilita Limitata In Breve	05686620963	31/12/2016
	Elanders Italy S.R.L.
2	Elanders Ltd	03788582	31/12/2017
2	Elanders Polska Sp.Z.O.O		-
2	Elanders (U.K.) Limited	02209256	31/12/2016
2	Elanders Usa, Llc	US43610985	-
1	Lifco AB (publ)	5564653185	31/12/2016
2	DAB Kirurgi AB	5569843880	31/12/2016
2	Lifco Dental International AB	5567309710	31/12/2016
3	netdental GmbH	HRB 61012	31/12/2016
4	dreizehn4acht5 service GmbH	HRB 202027	31/12/2016
4	Lohrmann Dental GmbH	HRB 203925	31/12/2016
3	EDP European Dental Partners Holding GmbH	HRB 7331 HL	31/12/2013
4	Prodent International Doo		-
5	Dentus Doo		-
4	Dentamed Slovakel		-
4	Dentamed (Cr) Spol Sro		-
4	InteraDent Zahntechnik GmbH	HRB 8553 HL	31/12/2013
5	Interadent Zahntechnik (Phil.) Inc		-
6	West Road Properties		-
4	DentalTiger GmbH	HRB 7363	31/12/2013
4	Muller & Weygandt Dental Magyarorszag		-
4	Muller & Weygandt Dental Swiss Ag		-
4	Muller & Weygandt Dental Handels Gmbh		-
4	Muller & Weygandt Dental Gmbh		-
3	Lifco Dental Aktiebolag	5560617747	31/12/2016
4	Aktiebolaget Nordenta	5560494899	31/12/2016
5	Endomark Dental Aktiebolag	5565898888	31/12/2016
4	Almaso För Tandvården AB	5564844115	31/12/2016
5	Preventum Partner AB	5566132790	31/12/2016
4	DAB Dental Aktiebolag	5560050048	31/12/2016
5	Dab Dental Latvia		-
5	Dab Dental Uab		-
5	Dab Eesti Oü		-
5	Dansk Nordenta A/S		-
5	Directa AB	5560138827	31/12/2016
6	J.H. Orsing AB	5560999632	31/12/2016
6	Top Dental Ltd		-
5	Lic Scandenta As		-
6	Jacobsen Dental As		-
6	Technomedics Norge As		-
4	Dentium AB	5567309686	31/12/2016
4	Ellman Produkter Aktiebolag	5562172394	31/12/2016
4	Hammasvaline Oy		-
2	PP Greiftechnik GmbH	HRB 157420	31/12/2015
3	Kinshofer GmbH	HRB 163689	31/12/2015
4	RF System Holding AB	5566726609	31/12/2015
5	RF-System Aktiebolag	5563925097	31/12/2016
4	Kinshofer Liftall Inc		-
4	Kinshofer Aponox Oy		-
4	Kinshofer Uk Limited	01705372	31/12/2016
4	Kinshofer Francs Sarl		-
4	Mars Greiftechnik Gmbh		-
5	Kinshofer Cz Sro		-
4	Demolition & Recycling Equipment Bv		-
4	Kinshofer Verschrottungstechnik GmbH	HRB 201378	31/12/2011
3	Demolition & Recycling Tools Rental Gmbh		-
2	Proline Group AB	5565430971	31/12/2016
3	Proline Nord AB	5569146706	31/12/2016
3	Proline Syd AB	5569146763	31/12/2016
3	Proline Väst AB	5569146771	31/12/2016
3	Proline Öst AB	5569146789	31/12/2016
3	P-Line Netherlands B.V.	55190545	31/12/2016
3	Proline Danmark Aps		-
3	Proline Norge As	991147047	31/12/2016
3	Prolinesystem Relining Oy		-
2	Sorb Industri AB	5562725282	31/12/2016
3	Hultdin System Aktiebolag	5562134592	30/04/2017
4	Hultdins Inc		-
4	Hultdins Do Brasil Comercio		-
3	Nessco Holding As		-
3	Cenika As		-
3	Auto-Maskin As		-
3	Alicit AB	5562287465	31/12/2016
3	Brokk Aktiebolag	5561156224	31/12/2016
4	Aquajet Systems Holding AB	5564991288	31/12/2016
4	Brokk France	352562144	31/12/2016
4	Ahlberg Cameras AB	5562599786	31/12/2016
5	Ahlberg Cameras Inc		-
4	Brokk Asia-Pacific Pte Ltd		-
4	Brokk Beijing		-
4	Brokk Inc.	US22699321	-
5	Brokk Bricking Solutions Inc		-
4	Brokk Italia S.R.L.	07049910966	31/12/2016
4	Brokk Norge As		-
4	Brokk Uk Limited	04063287	31/12/2016
4	Darda GmbH	HRB 611546	31/12/2015
5	Darda Kinshofer Construction Machinery Co Ltd		-
3	Eldan Recycling A/S		-
4	Redoma Recycling AB	5590392329	31/12/2016
4	Eldan Inc		-
3	Eleiko Aktiebolag	5560711409	31/12/2016
4	Eleiko As		-
4	Eleiko Montageservice Aktiebolag	5565819629	31/12/2016
3	Heinola Sågverksmaskiner Oy		-
3	Hekotek As		-
4	Sorb Ooo		-
3	Lövånger Elektronik Aktiebolag	5562877943	31/12/2016
4	Wintech As		-
4	Wintech Aktiebolag	5562523158	31/12/2016
4	Lövånger Elektronik Uppsala AB	5563825198	31/12/2016
4	Leab Eesti Oü		-
3	Modul-System HH Van Equipment AB	5565527040	31/12/2016
4	Håells Aktiebolag	5563050946	31/12/2016
5	Modul-System As		-
5	Modul-System Finland Oy	23470582	31/12/2016
5	Tevo Limited	01540940	31/12/2016
5	Modul-System B.V.	34219563	31/12/2016
5	Modul-System Sp.Z.O.O.		-
5	Modul-System Hh Modul-System A/S		-
5	Modul-System N.V Sa		-
5	Modul-System Sa	382918209	31/12/2016
5	Modul-System HH AB	5561386409	31/12/2016
3	NA Interlog Aktiebolag	5565037446	31/12/2016
3	Texor Aktiebolag	5563160703	31/12/2016
4	Zetterströms Rostfria Aktiebolag	5563237949	31/12/2016
1	Symbrio AB	5565701488	31/12/2016
2	Symbrio As		-

Negative Information
Debt Balance
No Debt Balance for this company. Record of Non Payment
Number Of Distraint Or Repossessions	0
Number Of Public Claims	0
Number Of Private Claims	0
Number Of Applications	0
Number Of Revoked Applications Latest Public Claim	0
No Latest Public Claim for this company. Latest Private Claim
No Latest Private Claim for this company.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 67.22
UK Pound	1	INR 90.87
Euro	1	INR 80.87
SEK	1	INR 7.85

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	PRI

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)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

MIRA INFORM REPORT

Company name and Summary

Basic Information

Main Address

Activities

Email Addresses

Web Pages

Employee Information

Advisors

Tax Registrations

Certificates

Industry Comparison

Event History

Status History

Profit and Loss

Balance Sheet

Other Financials

Ratios

Additional Financials Items

Share Capital Structure

Shareholders

Current Directors

Previous Directors

Group structure

Negative Information

Unit