MIRA
INFORM REPORT
|
Report Date : |
14.12.2007 |
IDENTIFICATION
DETAILS
|
Name : |
OBUCA METRO GROUP D.O.O. |
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Registered Office : |
Laze Kostica bb, 21460 Vrbas |
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Country : |
Serbia |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
August 10, 2006 |
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Legal Form : |
Limited Liability company |
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Line of Business : |
Wholesale of clothing and footwear |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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Status : |
New Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
FIRM
OBUCA METRO GROUP D.O.O.
(OBUCA METRO GROUP Ltd.)
Address
Laze Kostica bb
21460 VRBAS
Serbia
The Phone: +381-21-7953-000
The Fax: +381-21-7953-007
E-mail: info@obucametro.co.yu
Website www.obucametro.co.yu
PROFILE
|
National Identification Number |
20188936 |
|
PIB (Value Added Tax) |
104566195 |
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Established |
August 10, 2006 |
|
Legal Form |
Ltd. - Limited Liability company (D.O.O. - Drustvo sa ogranicenom odgovornoscu) |
|
Activity |
Wholesale of footwear |
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Employees |
2 (2006) |
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Total assets (in th RSD) |
246,055 |
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Total equity (in th RSD) |
110,152 |
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Operating Revenues (in th RSD) |
356,279 |
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Profit of the period (in th
RSD) |
110,110 |
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Loss of the period (in th
RSD) |
0 |
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|
|
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Trend |
Uncertain |
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Mode of payment |
In some cases there have been delays |
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Debt Collection |
There is no record of any debt collection action |
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Credit opinion |
Credits required securities |
MANAGEMENT
|
Name |
Management |
Personal Identification Number |
|
Mr. Darko Corovic |
Director |
3112965830018 |
ESTABLISHED
On August 10, 2006
REGISTER NUMBER
136063, Serbian Business Registers Agency
ACCOUNT NUMBER BANKING
220-59225-24 PROCREDIT
BANK A.D. Belgrade
265-2610310000154-88 RAIFFEISEN BANKA A.D. Belgrade
275-2218898081104-83 SOCIETE GENERALE YUGOSLAV BANK A.D. Belgrade
DEBT COLLECTION
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Through our office: |
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Case registered: |
- |
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Case status: |
There is no record of any debt collection action |
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Outside our office: |
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There is no record of any debt collection action outside our office |
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TYPE OF OWNERSHIP
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Ltd. - Limited Liability company Shareholding structure: |
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Name |
Location |
Percentage |
|
Mrs. Vjera Corovic |
Vrbas, Serbia |
100% |
BUSINESS PREMISES
|
Type |
Location |
Covering (in m2) |
Ownership |
|
Office and warehouse |
Laze Kostica bb, Vrbas |
- |
rented |
MOTOR POOL
|
Vehicles |
Number |
|
Data not available |
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REAL ESTATE
Pls. see section BUSINESS PREMISES (this Report).
EMPLOYEES
2006 2 employees
ACTIVITY
Line of business:
Wholesale of clothing and footwear (NACE: 51.42)
Wholesale: footwear
CORPORATE STRUCTURE
Rep. Offices in Serbia: none
Affiliates: not
identified
Subsidiaries: not
identified
Immediate parent company: none
OTHER INFO
Subject company has common interest with company OBUCA METRO Ltd.,
Vrbas, Serbia (NIN: 8698856).
FINANCIAL DATA
BALANCE SHEET
|
OBUCA METRO GROUP Ltd. Vrbas |
31/12/2006 (in th RSD) |
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|
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FIXED ASSETS |
50,532 |
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Subscribed capital unpaid |
0 |
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Intangible fixed assets |
0 |
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Tangible fixed assets |
50,532 |
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Other fixed assets |
0 |
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CURRENT ASSETS |
195,523 |
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Inventories |
106,753 |
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Short – term loans |
88,770 |
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*Cash and cash equivalent |
2,452 |
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Other current assets |
0 |
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LOSS |
0 |
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TOTAL ASSETS |
246,055 |
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|
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EQUITY |
110,152 |
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Capital |
42 |
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Subscribed capital unpaid |
0 |
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Reserves |
0 |
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Revalorization reserves |
0 |
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Undistributed Income |
110,110 |
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Loss |
0 |
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Treasury shares |
0 |
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LONG TERM RESERVATIONS |
0 |
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LONG TERM LIABILITIES |
0 |
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SHORT TERM LIABILITIES |
135,869 |
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OTHER LIABILITIES |
34 |
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TOTAL LIABILITIES |
246,055 |
|
Exchange rate RSD/EURO |
80.00 |
PROFIT AND LOSS ACCOUNT
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OBUCA METRO GROUP Ltd. Vrbas |
31/12/2006 (in th RSD) |
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OPERATING REVENUES |
356,279 |
|
Sales of goods |
356,279 |
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Revenue from undertaking |
0 |
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Increase in inventories |
0 |
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Decrease in inventories |
0 |
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Other operating revenues |
0 |
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OPERATING EXPENSES |
243,350 |
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Costs of goods sold |
241,250 |
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Raw materials costs |
8 |
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Salaries, wages and other
personal indeemnities |
452 |
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Deprecation and provision
costs |
30 |
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Other operating expenses |
1,610 |
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FINANCIAL REVENUES |
1,444 |
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FINANCIAL EXPENSES |
1,799 |
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Financial P/L |
(355) |
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EXTRAORDINARY REVENUES |
n/a |
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EXTRAORDINARY EXPENSES |
n/a |
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Extraordinary P/L |
n/a |
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OTHER REVENUES |
500 |
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OTHER EXPENSES |
0 |
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Other P/L |
500 |
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Profit from regular business
operations before tax |
113,074 |
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Loss from regular business operations
before tax |
0 |
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Net profit of businesses to be ceased |
0 |
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Net loss of businesses to be ceased |
0 |
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Profit before taxation |
113,074 |
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Loss before taxation |
0 |
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Taxation on profit |
2,964 |
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Personal indemnities paid to employer |
0 |
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TOTAL REVENUES |
358,223 |
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TOTAL EXPENSES |
245,149 |
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PROFIT OF THE PERIOD |
110,110 |
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LOSS OF THE PERIOD |
0 |
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Number of employees |
2 |
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Exchange rate RSD/EURO |
80.00 |
RATIOS
|
OBUCA METRO GROUP Ltd. Vrbas |
31/12/2006 (in th RSD) |
|
|
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Financial stability ratio |
0.70 |
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Equity ratio % |
44.77 |
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Debt to equity (Worth) |
1.23 |
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Liquidity ratio |
0.65 |
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Current ratio |
1.44 |
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Total assets turnover |
1.45 |
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Average collection period in days |
91 |
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Profit margin % |
30.91 |
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Return on total assets % |
44.75 |
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Return on equity % |
99.96 |
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Total assets per employee (ths.) |
123,027.50 |
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Equity per employee (ths) |
55,076.00 |
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Total revenue per employee (ths.) |
178,139.50 |
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Inventories turnover |
3.34 |
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Profit per employee (ths.) |
55,055.00 |
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Loss per employee (ths.) |
0.00 |
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Average net to salaries (ths.) |
18.83 |
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Exchange rate RSD/EURO |
80.00 |
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Principal indicators of
economic trends for SERBIA (changes to the previous year,
%) |
2004 |
2003 |
2002 |
2001 |
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||||
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Gross
domestic product |
8 |
2.1 |
3.8 |
5.3 |
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Agricultural
production |
18.2 |
-6.9 |
-2.1 |
17.2 |
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Industrial production |
7.5 |
-2.7 |
1.7 |
0.0 |
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Unemployment rate ,% |
31.7 |
31.7 |
29.0 |
26.8 |
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Exchange rate RSD/ USD |
57.94 |
54.64 |
58.98 |
67.67 |
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Exchange rate RSD/ EURO |
78.89 |
68.31 |
61.52 |
59.71 |
SOURCES
ALL DATA/INFORMATION ARE FROM THE OFFICIAL, OUR RECORDS, PUBLIC SOURCES, OUTSIDE SOURCES AND THE SUBJECT COMPANY.
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)