MIRA
INFORM REPORT
|
Report Date : |
29.12.2007 |
IDENTIFICATION
DETAILS
|
Name : |
DEG IMPORTAÇÃO DE PRODUTOS QUÍMICOS LTDA. |
|
|
|
|
Registered Office : |
Rua Jurupari, 775/779 – Jardim Oriental, 043248-070 São Paulo / SP - |
|
|
|
|
Country : |
Brasil |
|
|
|
|
Financials (as on) : |
2006 |
|
|
|
|
Date of Incorporation : |
10.06.1974 |
|
|
|
|
Com. Reg. No.: |
35.201.173.467 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesale trade of pharmaceutical products, perfumery and
cosmetics |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
Head information
Company name: DEG
IMPORTAÇÃO DE PRODUTOS QUÍMICOS LTDA.
Address: Rua Jurupari,
775/779 – Jardim Oriental, 043248-070 São Paulo / SP - Brasil
Phone: (55-11)
5033 3700 / 3757 3700 / 3757 3701
Fax: (55-11)
5031 6555
E-mail: deg@deg.com.br
Web Site: www.deg.com.br
Legal information
Legal Status: Private
Limited Company
Incorporation date: June
10, 1974
Register number #: 35.201.173.467
Tax contributor (CNPJ): 44.015.477/0001-16
Registered Capital: R$1.500.000,00
State Registration #: 109.235.767.110
Number of employees: 146
Branches: 01
History
Established on June 06, 1974, chartered at the State Commerce
Registration Office of São Paulo (JUCESP) under #35.201.173.467, into the
present registered name.
Partnership / Management: (Joined 06/1974)
Vanderlei Esteves Dornelas -
33,4%
Brazilian, Maeeied, CPF 022.662.028-04
Walter Giarreta -
33,3%
Brazilian, CPF 284.565.488-04, Married.
Geraldo Dornelas -
33,3%
Brazilian, CPF 028.248.098-68, Married
Properties
Not informed.
Registered line of business:
Wholesale trade of pharmaceutical products, perfumery and cosmetics
Main Products:
100% - Resale of pharmaceutical products
Import countries:
Not informed.
Export countries:
Not informed.
Related Companies
Stock participation:
Not informed.
Financial Data
According to the Brazilian Law Private Limited Companies are not obliged
to file financial accounts for public inspection.
The following financial statement was obtained through outside sources
consulted.
Balance sheet information for fiscal year ending:
31/12/2006 – US$1.00 = R$2,138
31/12/2005 – US$1.00 = R$2,341
31/12/2004 – US$1.00 = R$2,654
Figures are in (Thousands of) Reais R$:
|
Assets |
2006 |
2005 |
2004 |
|
Current Assets |
13.838 |
13.438 |
8.444 |
|
Inventory |
8.202 |
4.067 |
3.538 |
|
Other Assets |
5.636 |
9.371 |
4.906 |
|
Fixed Assets |
6.310 |
4.854 |
3.532 |
|
Investment |
9 |
7 |
7 |
|
Immovable |
6.301 |
4.847 |
3.525 |
|
Total Assets |
20.148 |
18.292 |
11.976 |
|
Liabilities |
2006 |
2005 |
2004 |
|
Current Liabilities |
12.028 |
13.147 |
8.448 |
|
Suppliers |
10.017 |
11.292 |
7.531 |
|
Other liabilities |
2.011 |
1.855 |
917 |
|
Long Term Liabilities |
2.107 |
2.218 |
1.295 |
|
Net Equity |
6.013 |
2.927 |
2.233 |
|
Capital |
1.500 |
1.500 |
1.500 |
|
Accumulated Profit (Loss) |
4.513 |
1.427 |
733 |
|
Total Liabilities |
20.148 |
18.292 |
11.976 |
|
Income Statement |
2006 |
2005 |
2004 |
|
Annual Net Sales |
58.396 |
57.865 |
40.641 |
|
Gross Income |
26.377 |
19.154 |
11.048 |
|
Operating Income |
15.476 |
7.240 |
2.465 |
|
Net Income |
10.289 |
4.899 |
1.658 |
|
Financial Analysis |
2006 |
2005 |
2004 |
|
Current Ratio |
1,15 |
1,02 |
0,99 |
|
Current Debt
Ratio |
2,00 |
4,49 |
3,78 |
|
Total Debt Ratio |
3,35 |
6,245,36 |
|
|
Working Capital |
$1.810 |
$291 |
$(4) |
(Dollar rate US$1.00 = R$1,767
Banking
Banco do Brasil S/A. -
branch - 0300
Banco Brasdesco S/A. -
branch - 0120
Banco Sudameris Brasil S/A. -
branch - 1771
Banco Nossa Caixa S/A. -
branch - 0419
Banco América do Sul S/A. -
branch - 0009
Remark: banking comments could not be obtained due
to legal restrictions from the Brazilian Law.
No returned checks were found either in the name of the company or
partners.
Insurance
Not informed.
Payment information
*Information obtained from outside sources and public records consulted.
387 – Invoices:
|
Information on
purchases: |
||||
|
DEC/2207 |
Last: |
R$1.522 |
Average: |
R$5.451 |
|
Information on
invoicing: |
||||
|
NOV/2007 |
Highest: |
R$29.700 |
Average: |
R$6.922 |
|
Information on accumulation: |
||||
|
MAY/2007 |
Highest: |
R$35.831 |
Average: |
R$11.282 |
99% - Prompt payments
01% - Delays from 31 up to 60 days
Trade References
Main Suppliers:
Globe Química S/A.
Catalent Brasil Ltda.
Atlântico Serviços Ltda.
Sanrisil S/A. Indústria e Comércio.
SPP Agaprint Industrial e Comercial Ltda.
Serra Leste Indústria Comércio Importação e Exportação Ltda.
Main clients:
Farmacia Morimoto Ltda.
Farmácia Buenos Aires Ltda.
Pharmacia Essencial Ltda.- Me
O Formulário Farmácia de Manipulação Ltda.
Natural Pharma Produtos Farmacêuticos Ltda.
Farmácia e Laboratório Manipulação Méd Freitas Ltda.
Public Information
No negative information was found.
Remarks
Contacted Mr. Walter Giarreta, we requested information, however until
the moment we didn't receive an answer.
The information in this report were obtained from outside sources and
public records consulted.
Final Opinion
The company can be considered normal for business dealings at usual
trade terms and conditions.
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%)