Commercial Credit Report for Krasnoyarskaya Gorno-Gelgchsky Kmpny AO

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	Krasnoyarskaya Gorno-Gelgchsky Kmpny AO
ulitsa Karla Marksa, dom 62
Phone: +7 3912120692p:+7 3912120692	KRASNOYARSK, 660049 Russian Federation	Ticker: kggkkggk

On March 4, 2022, CreditRiskMonitor.com, Inc. suppressed the FRISK® score of all publicly listed Russian and Ukrainian-based companies trading domestically due to the closure of their respective stock markets. The halt of trading in a counterparty’s securities is never a positive signal for creditors or suppliers, but especially in situations where the prices of those securities were above book value before the halt. The loss of liquidity optionality from equity markets inherently increases the bankruptcy risks for any business and dealing with businesses who have lost this financing option should be strongly scrutinized. Stock Market data is one of the essential components used in the daily calculation of the FRISK®. The omission of this data can reduce the score's effectiveness in predicting bankruptcy risk for companies trading within these markets. In addition, any analysis based on previously reported financials should be used with caution in this environment. We are continuing to monitor the Russia-Ukraine conflict and plan to reevaluate the appropriateness of the FRISK® when the affected exchanges have reopened and trading in securities resumes.

Business Summary

Krasnoyarskgeologiya OAO (Krasnoyarskaya gorno-geologicheskaya kompaniya OAO or Krasnoyarsk Mining and Geological OJSC) is a Russia-based company, which is engaged in the support activities for oil and gas operations, as well as in the gold mining. The Company provides services of exploration of deposits of iron ore, gold, copper, nickel, lead, zinc, coal, non-metallic minerals and groundwater, as well as sale of minerals, mainly gold. Krasnoyarskgeologiya OAO operates domestically, through several branches located on the territory of Krasnoyarsk Krai and the Republic of Khakassia. Krasnoyarskgeologiya OAO has several wholly owned subsidiaries and affiliated companies.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
-	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	12/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
1389	Oil and gas field services, not elsewhere classified
1041	Gold ores

Officers and Directors

Title	Name	Age	Title Date	Start Date
Chairman of the Board	Vladimir F.Koshkin	70	1/1/2008	1/1/2008
General Director (CEO), Director	Anatoly P.Khokhlov	84	1/1/2008	1/1/2008
Chief Accounting Officer	Tatyana P.Ponomareva	61
3 additional Officers and Directors records available in full report.

General Information

Number of Employees:	815	(As of 3/31/2012)
Outstanding Shares:	60,171	(As of 12/31/2023)
Shareholders:	606
Stock Exchange:	RTB
Fax Number:	+7 3912277594

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