MIRA
INFORM REPORT
|
Report Date : |
13.12.2007 |
IDENTIFICATION
DETAILS
|
Name : |
NEUMIRA SL |
|
|
|
|
Registered Office : |
Calle Jose Luis Goyoaga Etorbidea, 48950 Erandio
(Vizcaya) |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2003 |
|
|
|
|
Date of Incorporation : |
07/11/1994 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
General mechanical engineering. General machine shop. |
RATING &
COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Moderate |
|
|
|
|
Litigation : |
Exists |
Identification and
Characteristics
|
COMPANY SITUATION:
|
ACCESS DENIED TO THE M. REGISTER. |
|
TAX NUMBER |
B48698302 |
|
NAME |
NEUMIRA SL |
|
BUSINESS
ADDRESS |
CALLE JOSE LUIS GOYOAGA ETORBIDEA |
|
Postcode |
48950 ERANDIO (Vizcaya) |
|
URL |
http://www.neumira.com |
|
LEGAL FORM |
LIMITED LIABILITY COMPANY |
|
DATE FOUNDED |
07/11/1994 |
|
CAPITAL |
850.672,53 Euros |
|
NUMBER OF
EMPLOYEES |
31 |
|
ACTIVITY |
1319100 - General machine shop |
|
CNAE |
2852 - General mechanical
engineering |
|
EXPORT COMPANY |
YES |
|
IMPORT COMPANY |
YES |
|
* Characteristics of the main address |
|
|
According to our investigations these
premises are rented used as office, factory
located in a secondary non-commercial area . |
|
Synthesis
|
Company situation: |
|
ACCESS DENIED TO THE M.
REGISTER. |
Financial Elements
Figures given in
Euros
|
|
Balance
sheet 2.001 (12) |
Balance
sheet 2.002 (12) |
Balance
sheet 2.003 (12) |
%
Sales |
|
|
SALES |
4.740.678,59 |
4.630.975,33 |
4.710.483,80 |
|
|
|
ADDED VALUE |
1.200.418,63 |
1.211.414,70 |
530.725,73 |
11,27 |
|
|
BUSINESS RESULT |
7.932,73 |
24.747,96 |
-448.575,72 |
-9,52 |
|
|
OWN FUNDS |
1.105.928,27 |
1.130.676,23 |
682.100,51 |
|
|
|
DEBT |
2.526.700,61 |
3.744.233,94 |
5.102.651,49 |
|
|
|
TOTAL ASSET |
3.632.628,88 |
4.874.910,17 |
5.784.752,00 |
|
|
|
The sales of 4.710.483,80
Euros show a change of 1,72% compared with
2.002 . Between 2.001 and 2.002 , this
change was -2,31% . |
|||||
|
Added value grew by -56,19%
compared with the previous year. Shareholders equity are 682.100,51
Euros for an indebtedness of 5.102.651,49 Euros
. |
|||||
|
The result -448.575,72
Euros means financial profitability of -65,76% and
economic profitability of -7,75% . This result means growth of
-1.912,58% compared with the 2.002 . |
|||||
|
|
|||||
|
THE FIGURES FOR THE LAST BALANCE SHEET ARE
RELEVANT: |
|||||
|
SOURCE: FROM THE MERCANTILE REGISTER |
|||||
|
DATE: 29/12/2004 |
|||||
|
|
|
||||
|
Results Distribution |
|||||
|
Annual Report Year Source: 2.003 |
|||||
|
Figures given in Euros |
|||||
|
Distribution Base |
|||||
|
Profit and Loss |
-448.576 |
||||
|
Total of Amounts to be
distributed |
-448.576 |
||||
|
Distribution a |
|||||
|
Prior years losses |
-448.576 |
||||
Comparative Sector Analysis
|
|
Company |
Sector |
Difference |
|
|
(2.003)
|
|
|
|
% of PRODUCTION VALUE |
|
|
|
|
SALES |
100,00 |
98,66 |
1,34 |
|
ADDED
VALUE |
11,27 |
39,55 |
-28,28 |
|
BUSINESS
RESULT |
-9,52 |
3,28 |
-12,80 |
|
% OF TOTAL ASSETS |
|
|
|
|
OWN
FUNDS |
11,79 |
41,73 |
-29,94 |
|
DEBT |
88,21 |
58,27 |
29,94 |
Compared sector (CNAE): 285 - Treatment and
coating of metals; general mechanical engineering
Number of companies: 165
Size (Sales Figure): 2.800.000,00 -
7.000.000,00 Euros
The turnover of the company is 1,34%
above the mean for the sector.
The company’s added value was 11,27% s/
the production value, and 28,28% below the mean for the sector.
The company’s business result was
-9,52% of the PV, 12,80% below the mean for the sector.
The company’s own resources are 11,79%
, 29,94% below the mean for the sector.
The company’s outside resources are
88,21% , 29,94% above the mean for the sector.
Legal Actions
|
LEGAL ACTIONS: 15 |
( First 28/09/2004,
Last 01/10/2007 ) |
|
|
|
|
|
4 |
|
|
11 |
|
Properties
affected by an auction for an amount of 12.100 Euros |
|
|
CLAIM FILED
AGAINST THE ADMINISTRATION: 24 |
( First 14/02/2005,
Last 13/09/2006 ) |
|
|
18 |
|
|
0 |
|
|
6 |
|
AFFECTED BY: No significant elemento |
|
Insolvency
Proceeding: 0
|
Last Legal Actions |
|
(Figures given in Euros) |
|
|
|||||||
|
|
Information Date |
Claim Type |
Incidence Status |
Actor |
Amount |
||
|
|
01/10/2007 |
ORDINARY |
ORDINARY SENTENCE |
SANDVIK ESPANOLA SA |
278.672,79 |
||
|
|
28/02/2006 |
ORDINARY |
ORDINARY SENTENCE |
UGITECH IBERICA SA. |
38.021,24 |
||
|
|
03/06/2005 |
VERBAL 1/2000 |
VERBAL SENTENCE |
FERNANDEZ GOMEZ PEDRO Y
OTROS |
|
||
|
Total: 4 |
|||||||
|
|
|||||||
|
|
|||||||
|
|
Information Date |
Incidence Status |
Actor |
Amount |
|||
|
|
07/02/2006 |
SOCIAL TEMPORARY
INSOLVENCY |
SANCHEZ ROA PURIFICACION
Y OTROS |
|
|||
|
|
09/01/2006 |
SOCIAL TEMPORARY INSOLVENCY |
CALVILLO ARBIZU JOSE
IGNACIO AND OTHER |
168.955,12 |
|||
|
|
22/11/2005 |
SOCIAL TEMPORARY
INSOLVENCY |
LATXAGA REMENTERIA
NEKANE AND OTHER |
45.594,20 |
|||
|
Total: 11 |
|||||||
|
|
|||||||
|
Last claim filed against the
administration |
|
||||||
|
(Figures given in Euros) |
|
||||||
|
|||||||
|
With the Social Security: 18 |
|||
|
|
|||
|
|
Information Date |
Organization |
Amount |
|
|
12/07/2005 |
CENTRAL TREASURY FOR SOCIAL
SECURITY URE 48/04 DE BILBAO |
281.660,25 |
|
|
10/06/2005 |
CENTRAL TREASURY FOR SOCIAL
SECURITY URE 48/04 DE VIZCAYA |
241.112,04 |
|
|
24/05/2005 |
CENTRAL TREASURY FOR SOCIAL
SECURITY URE 48/04 DE BILBAO |
|
|
|
|||
|
|
|||
|
|
Information Date |
Organization |
Amount |
|
|
09/08/2006 |
CENTRAL TREASURY FOR SOCIAL
SECURITY DIRECCION PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL |
612,85 |
|
|
14/09/2005 |
CENTRAL TREASURY FOR SOCIAL
SECURITY DIRECCION PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL |
361,20 |
|
|
14/09/2005 |
CENTRAL TREASURY FOR SOCIAL
SECURITY DIRECCION PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL |
15.507,28 |
|
|
|||
|
|
|||
|
|
Information Date |
Organization |
Amount |
|
|
26/04/2006 |
CENTRAL TREASURY FOR SOCIAL
SECURITY DIRECCION PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL |
612,85 |
|
|
|||
|
Rest of Organisms: 6 |
|||
|
|
|||
|
|
Information Date |
Organization |
Amount |
|
|
13/09/2006 |
TOWN/ CITY HALL DE ERANDIO |
|
|
|
20/04/2006 |
DEPUTATION/ DELEGATION FORAL DE
BIZKAIA, DPTO. DE HACIENDA Y FINANZAS |
|
|
|
20/03/2006 |
DEPUTATION/ DELEGATION FORAL DE
VIZCAYA DPTO. DE HACIENDA Y FINANZAS |
|
|
|
|||
|
|
|||
|
|
Information Date |
Organization |
Amount |
|
|
16/05/2006 |
UNDETERMINED AGENCY JUNTA ARBITRAL
DEL TRANSPORTE DEL PAIS VASCO |
1.510,49 |
Main Board members, Directors and
Auditor
|
Position |
Surname and name |
Date of
appointment |
|
SOLE ADMINISTRATOR |
DILLET CASES JOAQUIN |
10/11/2004 |
Functional Managers
|
Position |
Surname and name |
|
FINANCIAL MANAGER |
VILLAMANDOS IPINAZAR JUAN ANTONIO |
|
COMMERCIAL MANAGER |
BARANDIARAN ARRASTIO PEDRO |
|
PURCHASES MANAGER |
BARANDIARAN ARRASTIO PEDRO |
|
OPERATIONS MANAGER |
PAYO ALONSO ROBERTO |
Financial Links
|
Shareholders |
||||
|
Company Name |
|
|
Source |
Information Date |
|
AZCONA LOMBRANA RAFAEL |
|
100,00% |
OWN SOURCES |
29/08/2000 |
Proceedings published in the
B.O.R.M.E.
(Official Mercantile Register
Gazette)
|
Proceedings |
Date |
Notice Num. |
Mercantile Reg. |
|
Access provisionally denied to the
Mercantile Register |
03/04/2006 |
179683 |
Vizcaya |
|
Registration of accounts
(2003) |
24/12/2004 |
983936 |
Vizcaya |
|
Resignations |
10/11/2004 |
471539 |
Vizcaya |
|
Appointments |
10/11/2004 |
471539 |
Vizcaya |
|
Registration of accounts
(2002) |
20/01/2004 |
034876 |
Vizcaya |
Remarks for customer
Despite the investigations carried out using
all the available sources and with the data provided in your request, it has
not been possible to locate the subject.
We do hereby detail the results of our
investigations:
INVESTIGATION
DATA:
Telephone: The telephone number provided in
your request (944676811) and the fax number (944170995) does not correspond to
the subject.
SOURCES:
Confirmed by public sources:
Registered as intra-community IVA (VAT)
operator.
Here is our final report. Even though this
company is obliged to file their balance sheets in the Mercantile Register, no
official balance sheets are available for 2004, 2005 and 2006.
The director of the bank CAJA LABORAL
POPULAR OF. 0074 states that the subject moved its address to Santander ten
years ago. Since then there have been no movements in his account. He has also
stated that it is very likely that the subject is not active.
Access provisionally denied to the
Mercantile Register: 03/04/2006.
We have been unable to locate this company.
Even though there is no official confirmation of its dissolution, there are no
signs of commercial activity.
COMPLEMENTARY
SOURCE.
The personal data included in this report
have not been included in files, nor treated for any other aim than producing
the report that we elaborate for you according with your request.
We remind you as well that in case you want
to add this information to your files you need previously to comply with the
existing regulations in data protection.
Due to this situation we request you to send
us as urgently as possible all other data that you may have so as to continue
with our investigation.
In case this were not possible we suggest
that you deal with subject cautiously.
Analysis Department.
|
Commercial Experience |
||
|
General Information |
|
|
|
Foundation Year 1985 |
||
|
Founder el titular,
aportándolo posteriormente a la titular en fecha de constitución |
||
|
|
|
|
|
PURCHASES |
|
|
|
Import Percentage:
10% |
|
|
|
Imports:: |
|
|
|
Italia, Francia y Alemania |
|
|
|
|
|
|
|
SALES |
|
|
|
Export Percentage: 20% |
|
|
|
Exports:: |
|
|
|
Europa, Asia y America |
|
|
Bank Entities
|
Entity |
Branch |
Branch Address |
Town |
Province |
|
BANCO BILBAO VIZCAYA
ARGENTARIA, S.A. |
|
|
|
|
|
BANCO POPULAR
ESPAŃOL, S.A. |
0268 |
AMESTI, 5 Y 7 |
ALGORTA |
Vizcaya |
|
BANCO
GUIPUZCOANO, S.A. |
0020 |
C/ OBIETA, 2 |
ERANDIO-GOIKOA |
Vizcaya |
|
CAJA LABORAL
POPULAR C.C. |
0074 |
OBIETA, 8 |
ERANDIO-GOIKOA |
Vizcaya |
The information on the last account
contained in this report is extracted from the Mercantile Register file of the
legal address of the Company and dated 29/12/2004
Balance Sheet (ASSETS)
|
(Figures given in Euros) |
31/12/2001 (12)
|
31/12/2002 (12)
|
31/12/2003 (12)
|
|
|
|
A) DUE FROM SHAREHOLDERS FOR UNCALLED
CAPITAL |
|
|
|
|
|
B) FIXED ASSETS |
1.481.193,11 |
1.413.765,97 |
1.558.965,98 |
|
|
I. Establishment expenses |
|
|
|
|
|
II. Intangible assets |
4.568,01 |
3.391,33 |
273.136,38 |
|
|
III. Tangible assets |
1.347.167,09 |
1.207.918,39 |
658.456,67 |
|
|
IV. Financial assets |
129.458,01 |
202.456,25 |
627.372,93 |
|
|
V. Owners equity |
|
|
|
|
|
VI. Long term trade liabilities |
|
|
|
|
|
C) DEFERRED EXPENSES |
|
|
17.891,45 |
|
|
D) CURRENT ASSETS |
2.151.435,77 |
3.461.144,20 |
4.207.894,57 |
|
|
I. Not paid in shareholder capital |
|
|
|
|
|
II. Inventory |
1.797.661,93 |
1.653.137,68 |
752.180,25 |
|
|
III. Debtors |
264.538,84 |
1.803.749,76 |
3.411.505,79 |
|
|
IV. Short term financial assets |
63.106,26 |
|
|
|
|
V. Short term owners equity |
|
|
|
|
|
VI. Cash |
26.128,74 |
4.256,76 |
44.208,53 |
|
|
VII. Prepaid expenses and accrued income |
|
|
|
|
|
ASSETS (A + B + C + D) |
3.632.628,88 |
4.874.910,17 |
5.784.752,00 |
Balance Sheet (LIABILITIES)
|
(Figures given in Euros) |
31/12/2001 (12)
|
31/12/2002 (12)
|
31/12/2003 (12)
|
|
|
|
A) SHAREHOLDERS EQUITY |
1.105.928,27 |
1.130.676,23 |
682.100,51 |
|
|
I. Capital |
850.672,53 |
850.672,53 |
850.672,53 |
|
|
II. Premium share account |
|
|
|
|
|
III. Revaluation reserve |
|
|
|
|
|
IV. Reserves |
247.323,01 |
255.255,74 |
280.003,70 |
|
|
Sundry reserves |
247.323,01 |
255.255,74 |
280.003,70 |
|
|
V. Prior year earnings |
|
|
|
|
|
VI. Prior year profit or losses |
7.932,73 |
24.747,96 |
-448.575,72 |
|
|
VII. Dividend paid during the year |
|
|
|
|
|
VIII. Own shares for change in capital |
|
|
|
|
|
B) DEFERRED INCOME |
|
|
|
|
|
C) PROVISIONS FOR LIABILITIES AND EXPENSES |
|
|
|
|
|
D) LONG TERM LIABILITIES |
879.490,21 |
530.969,48 |
758.025,08 |
|
|
E) SHORT TERM LIABILITIES |
1.647.210,40 |
3.213.264,46 |
4.344.626,41 |
|
|
F) SHORT TERM PROVISIONS FOR LIABILITIES
AND EXPENSES |
|
|
|
|
|
LIABILITIES (A + B + C + D + E + F) |
3.632.628,88 |
4.874.910,17 |
5.784.752,00 |
Profit and Loss Account
|
(Figures given in Euros) |
31/12/2001 (12)
|
31/12/2002 (12)
|
31/12/2003 (12)
|
|
|
|
A) EXPENSES (A.1 a A.15) |
4.749.422,87 |
4.698.160,74 |
5.384.751,80 |
|
|
A.1 Operating Expenses |
2.951.864,05 |
2.908.805,21 |
3.495.648,00 |
|
|
A.3. Labor cost |
629.016,34 |
764.006,12 |
848.066,96 |
|
|
Wages |
493.994,37 |
594.946,34 |
662.567,78 |
|
|
Social security expenses |
135.021,97 |
169.059,78 |
185.499,18 |
|
|
A.3. Assets depreciation |
229.769,16 |
181.439,79 |
202.158,36 |
|
|
A.4. Variance in provision for current
assets |
50.676,98 |
|
|
|
|
A.5. Other operating costs |
591.611,81 |
596.404,73 |
684.110,07 |
|
|
A.I. OPERATING RESULT
(B.1-A.1-A.2-A.3-A.4-A.5) |
290.956,15 |
265.968,79 |
|
|
|
A.6. Financial expenses |
263.471,54 |
247.504,89 |
154.768,41 |
|
|
Other companies debts |
263.471,54 |
247.504,89 |
154.239,38 |
|
|
Losses from financial investments |
|
|
529,03 |
|
|
A.7. Variation in financial investments
provision |
33.055,65 |
|
|
|
|
A.8. Exchange losses |
|
|
|
|
|
A.II. POSITIVE FINANCIAL RESULTS (B.2+B.3-A.6-A.7-A.8) |
|
|
|
|
|
A.III. PROFIT FROM ORDINARY ACTIVITIES
(A.I+A.II-B.I-B.II) |
7.890,07 |
24.747,96 |
|
|
|
A.9. Variation in provision in fixed
assets |
|
|
|
|
|
A.10. Losses in fixed assets |
|
|
|
|
|
A.11. Losses from shares and bonds |
|
|
|
|
|
A.12. Extraordinary charges |
|
|
|
|
|
A.13. Prior year’s expenses and losses |
|
|
|
|
|
A.IV. POSITIVE EXTRAORDINARY RESULT
(B.4+B.5+B.6+B.7+B.8-A.9-A.10-A.11-A.12-A.13) |
|
|
225.687,53 |
|
|
A.V. EARNINGS / LOSS BEFORE TAXES
(A.III+A.IV-B.III-B.IV) |
7.890,07 |
24.747,96 |
|
|
|
A.14. Corporate Taxes |
-42,66 |
|
|
|
|
A.15. Other taxes |
|
|
|
|
|
A.VI. YEAR END RESULT (PROFIT)
(A.V-A.14-A.15) |
7.932,73 |
24.747,96 |
|
|
|
B) INCOMES (B.1 a B.8) |
4.757.355,60 |
4.722.908,70 |
4.936.176,08 |
|
|
B.1. Operating income |
4.743.894,49 |
4.716.624,64 |
4.710.483,80 |
|
|
Turnover |
4.740.678,59 |
4.630.975,33 |
4.710.483,80 |
|
|
Other operating income |
3.215,90 |
85.649,31 |
|
|
|
B.I. OPERATING LOSSES
(A.1+A.2+A.3+A.4+A.5-B.1) |
|
|
519.499,59 |
|
|
B.2. Financial Income |
13.461,11 |
6.284,06 |
4,75 |
|
|
In affiliated companies |
|
|
4,75 |
|
|
Other |
13.461,11 |
6.284,06 |
|
|
|
B.3. Gains on exchange |
|
|
|
|
|
B.II. FINANCIAL LOSSES
(A.6+A.7+A.8-B.2-B.3) |
283.066,08 |
241.220,83 |
154.763,66 |
|
|
B.III. LOSSES FROM ORDINARY ACTIVITIES
(B.I+B.II-A.I-A.II) |
|
|
674.263,25 |
|
|
B.4. Gains from disposal of fixed assets |
|
|
225.369,12 |
|
|
B.5. Gains from dealing in own shares |
|
|
|
|
|
B.6. Paid in surplus |
|
|
|
|
|
B.7. Extraordinary income |
|
|
318,41 |
|
|
B.8. Prior year’s income and profits |
|
|
|
|
|
B.IV. EXTRAORDINARY
LOSSES (A.9+A.10+A.11+A.12+A.13-B.4-B.5-B.6-B.7-B.8) |
|
|
|
|
|
B.V. LOSS BEFORE TAXES
(B.III+B.IV-A.III-A.IV) |
|
|
448.575,72 |
|
|
B.VI. NET LOSS (B.V+A.14+A.15) |
|
|
448.575,72 |
Main Ratios
|
(Figures given in Euros) |
2.001 (12) |
2.002 (12) |
2.003 (12) |
|
|
|
ACTIVITY |
|
|
|
|
|
Increase of the Sales Figures |
0,41 |
-2,31 |
1,72 |
|
|
Assets Turnover |
1,31 |
0,95 |
0,81 |
|
|
Productivity |
1,91 |
1,59 |
0,63 |
|
|
Increase of the Added Value |
-2,79 |
0,92 |
-56,19 |
|
|
PROFITABILITY |
|
|
|
|
|
Economic Profitability |
0,22 |
0,51 |
-7,75 |
|
|
Financial Profitability |
0,72 |
2,19 |
-65,76 |
|
|
Financial Expenses |
5,56 |
5,35 |
3,29 |
|
|
BALANCE (IN DAYS OF SALES) |
|
|
|
|
|
Customers’ Credit (In days of sales) |
20,00 |
140,00 |
261,00 |
|
|
Suppliers’ Credit (In days of sales) |
|
|
|
|
|
Working Capital (In days of sales) |
38,00 |
19,00 |
0,00 |
|
|
Working Capital Requirement (In days of
sales) |
32,00 |
19,00 |
0,00 |
|
|
Treasury (In days of sales) |
7,00 |
0,00 |
3,00 |
|
|
BALANCE |
|
|
|
|
|
Working Capital |
504.225,37 |
247.879,74 |
-136.731,84 |
|
|
Working Capital Requirement |
414.990,37 |
243.622,98 |
-180.940,37 |
|
|
Treasury |
89.235,00 |
4.256,76 |
44.208,53 |
|
|
Balance Ratio |
1,34 |
1,18 |
0,91 |
|
|
SOLVENCY |
|
|
|
|
|
Borrowing Ratio |
69,56 |
76,81 |
88,21 |
|
|
Own / Permanent Funds |
55,70 |
68,05 |
47,36 |
|
|
Payback Capacity |
0,50 |
0,78 |
1,04 |
|
|
LIQUIDITY |
|
|
|
|
|
General Liquidity |
1,31 |
1,08 |
0,97 |
|
|
Immediate Liquidity |
0,05 |
0,00 |
0,01 |
Sectorial Analysis
Summary of Assets, Liability & Equity
|
(Figures given in Percentages) |
Company |
Sector |
Difference |
|
|
2.003 |
|
|
|
Assets |
|||
|
A) DUE FROM SHAREHOLDERS
FOR UNCALLED CAPITAL |
0,00 |
0,00 |
0,00 |
|
B) FIXED ASSETS |
26,95 |
44,75 |
-17,80 |
|
C) ACCRUED EXPENSES |
0,31 |
0,44 |
-0,13 |
|
D) CURRENT ASSETS |
72,74 |
54,81 |
17,93 |
|
TOTAL ASSETS (A + B + C
+ D) |
100,00 |
100,00 |
0,00 |
|
Liabilities |
|||
|
A) SHAREHOLDERS EQUITY |
11,79 |
41,73 |
-29,94 |
|
B) ACCRUED INCOME |
0,00 |
1,55 |
-1,55 |
|
C) RISK AND EXPENDITURE
COVER |
0,00 |
0,13 |
-0,13 |
|
D) LONG-TERM CREDITORS |
13,10 |
14,94 |
-1,84 |
|
E) SHORT-TERM CREDITORS |
75,10 |
41,62 |
33,48 |
|
F) SHORT-TERM RISK AND EXPENDITURE
COVER |
0,00 |
0,04 |
-0,04 |
|
TOTAL LIABILITIES (A + B
+ C + D + E + F) |
100,00 |
100,00 |
0,00 |
Analytical Account of Results
|
(Figures given in Percentages) |
Company |
Sector |
Difference |
|
|
2.003 |
|
|
|
Net turnover |
100,00 |
98,66 |
1,34 |
|
Other operating income |
0,00 |
1,34 |
-1,34 |
|
Production Value |
100,00 |
100,00 |
0,00 |
|
Operating expenses |
74,21 |
44,66 |
29,55 |
|
Other operation expenses |
14,52 |
15,79 |
-1,27 |
|
Added value |
11,27 |
39,55 |
-28,28 |
|
Labor cost |
18,00 |
28,39 |
-10,38 |
|
Gross Economic Result |
-6,74 |
11,16 |
-17,90 |
|
Assets depreciation |
4,29 |
5,48 |
-1,19 |
|
Variation in provision
for current assets |
0,00 |
0,24 |
-0,24 |
|
Net Economic Result |
-11,03 |
5,45 |
-16,47 |
|
Financial income |
0,00 |
0,28 |
-0,28 |
|
Financial expenses |
3,29 |
1,22 |
2,06 |
|
Variation in financial
investment provision |
0,00 |
0,23 |
-0,23 |
|
Ordinary Activities
Result |
-14,31 |
4,27 |
-18,58 |
|
Extraordinary income |
4,79 |
0,77 |
4,02 |
|
Extraordinary expenses |
0,00 |
0,38 |
-0,38 |
|
Variation in provision
in fixed assets |
0,00 |
-0,00 |
0,00 |
|
Results before Taxes |
-9,52 |
4,66 |
-14,18 |
|
Corporaye taxes |
0,00 |
1,38 |
-1,38 |
|
Net Result |
-9,52 |
3,28 |
-12,81 |
|
Assets depreciation |
4,29 |
5,48 |
-1,19 |
|
Provisions fund
variation |
0,00 |
0,47 |
-0,47 |
|
Net Self-Financing |
-5,23 |
9,23 |
-14,46 |
Ratios
|
(Figures given in ) |
Company |
Ptile25 |
Medium |
Ptile75 |
|
|
2.003 |
|
|
|
|
ACTIVITY |
|
|
|
|
|
Increase of the Sales
Figures |
1,72 |
-4,72 |
5,47 |
18,28 |
|
Assets Turnover |
0,81 |
0,90 |
1,27 |
1,57 |
|
Fixed Assets Turnover |
2,99 |
1,88 |
3,05 |
5,39 |
|
Increase of the Added
Value |
-56,19 |
-3,33 |
5,49 |
14,05 |
|
PRODUCTIVITY |
|
|
|
|
|
Productivity |
0,63 |
1,22 |
1,38 |
1,58 |
|
Change of Personnel
Costs |
11,00 |
-1,04 |
5,34 |
12,12 |
|
Average Personnel Costs |
27.357,00 |
25.540,73 |
28.647,58 |
36.046,63 |
|
Value Added by Employees |
17.120,18 |
33.587,71 |
41.469,13 |
53.284,78 |
|
CASH FLOW |
|
|
|
|
|
Cash Flow |
-246.417,36 |
186.208,50 |
313.745,41 |
493.675,23 |
|
Operating Cash Flow |
-317.341,23 |
236.221,22 |
389.228,91 |
608.138,35 |
|
Change in Cash Flow |
-219,51 |
-18,68 |
1,68 |
25,66 |
|
PROFITABILITY |
|
|
|
|
|
Economic Profitability |
-7,75 |
1,38 |
2,99 |
6,12 |
|
Financial Profitability |
-65,76 |
3,73 |
8,38 |
14,97 |
|
Financial Expenses |
3,29 |
0,41 |
1,01 |
1,72 |
|
Gross Economic
Profitability |
-5,49 |
8,28 |
12,69 |
17,88 |
|
Gross Financial
Profitability |
-46,52 |
21,70 |
31,16 |
47,59 |
|
BALANCE (IN DAYS OF SALES) |
|
|
|
|
|
Customers’ Credit (In
days of sales) |
260,00 |
71,33 |
104,73 |
132,78 |
|
Suppliers’ Credit (In
days of sales) |
|
0,00 |
0,00 |
0,00 |
|
Working Capital (In days
of sales) |
0,00 |
-6,08 |
37,68 |
87,34 |
|
Working Capital
Requirement (In days of sales) |
0,00 |
-12,63 |
18,26 |
52,67 |
|
Treasury (In days of
sales) |
3,00 |
2,61 |
12,72 |
39,44 |
|
Operating Current Assets |
321,00 |
124,60 |
164,11 |
209,38 |
|
BALANCE |
|
|
|
|
|
Working Capital |
-136.731,84 |
-59.165,88 |
354.319,66 |
944.526,15 |
|
Working Capital
Requirement |
-180.940,37 |
-141.459,91 |
185.733,94 |
567.682,66 |
|
Treasury |
44.208,53 |
25.112,68 |
129.413,15 |
377.930,46 |
|
Balance Ratio |
0,91 |
0,95 |
1,31 |
1,96 |
|
SOLVENCY |
|
|
|
|
|
Borrowing Ratio |
88,21 |
46,17 |
61,17 |
71,63 |
|
Own / Permanent Funds |
47,36 |
63,69 |
78,21 |
94,00 |
|
Payback Capacity |
1,04 |
0,29 |
0,41 |
0,55 |
|
Long term Indebtedness |
13,10 |
3,11 |
9,47 |
18,76 |
|
Gearing |
848,08 |
185,78 |
257,55 |
352,43 |
|
Financing Basic Ratio |
1,00 |
1,00 |
1,00 |
1,02 |
|
Assets Guarantee |
1,13 |
1,26 |
1,52 |
2,10 |
|
LIQUIDITY |
|
|
|
|
|
General Liquidity |
0,97 |
0,95 |
1,32 |
1,93 |
|
Immediate Liquidity |
0,01 |
0,03 |
0,13 |
0,39 |
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 |
Unfavourable & favourable factors carry similar weight in credit
consideration. 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 |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)