MIRA
INFORM REPORT
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Report Date : |
29.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
OPÇÃO FENIX DISTRIBUIDORA DE INSUMOS LTDA. |
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Registered Office : |
Rua Presidente Bernardes,103 – Vila Bancária, 02757-000 São Paulo / SP
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Country : |
Brasil |
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Financials (as on) : |
2006 |
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Date of Incorporation : |
03.07.1995 |
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Com. Reg. No.: |
35.213.204.630 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Wholesale trade of pharmaceutical products, perfumery and
cosmetics |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Head information
Company name: OPÇÃO
FENIX DISTRIBUIDORA DE INSUMOS LTDA.
Trade Name: OPÇÃO
FENIX
Address: Rua Presidente
Bernardes,103 – Vila Bancária, 02757-000 São Paulo / SP - Brasil
Phone: (55-11)
3923 1431 / 3923 1203
Fax: (55-11)
3922 2626
E-mail: carlos.silva@opcaofenix.com.br
Web Site: www.opcaofenix.com.br
Legal information
Legal Status: Private
Limited Company
Incorporation date: July
03, 1995
Register number #: 35.213.204.630
Tax contributor (CNPJ): 00.725.065/0001-02
Registered Capital: R$500.000,00
State Registration #: 114.438.547.112
Number of employees: 14
Branches: 01
History
Established on July 03, 1995, chartered at the State Commerce
Registration Office of São Paulo (JUCESP) under #35.213.204.630, into the
present registered name.
Partnership / Management:
Natal Silva (Joined
07/1997) - 90,0%
Brazilian, Married, CPF:450.432.308-78
Ermelinda Carrer Silva (Joined
07/2002) -
10,0%
Brazilian, Married, CPF:129.865.988-46
Properties
Not informed.
Registered line of business:
Wholesale trade of pharmaceutical products, perfumery and cosmetics
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$2,654
Figures are in (Units of) Reais R$:
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Assets |
2006 |
2005 |
2004 |
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Current Assets |
2.277.483 |
1.942.211 |
1.137.324 |
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Inventory |
518.474 |
562.906 |
469.377 |
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Other Assets |
1.759.009 |
1.379.305 |
667.947 |
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Fixed Assets |
145.542 |
141.834 |
182.602 |
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Investment |
0 |
0 |
32.000 |
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Immovable |
145.542 |
141.834 |
150.602 |
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Total Assets |
2.243.025 |
2.084.045 |
1.319.926 |
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Liabilities |
2006 |
2005 |
2004 |
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Current Liabilities |
1.479.252 |
1.174.040 |
778.481 |
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Suppliers |
401.264 |
499.301 |
280.295 |
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Other liabilities |
1.077.988 |
674.739 |
498.186 |
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Net Equity |
943.773 |
910.005 |
541.445 |
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Capital |
50.000 |
50.000 |
50.000 |
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Accumulated Profit (Loss) |
893.773 |
860.005 |
491.445 |
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Total Liabilities |
2.243.025 |
2.084.045 |
1.319.926 |
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Income Statement |
2006 |
2005 |
2004 |
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Annual Net Sales |
6.305.846 |
7.596.702 |
5.914.739 |
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Gross Income |
1.571.579 |
2.186.525 |
2.055.117 |
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Operating Income |
44.432 |
491.413 |
163.436 |
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Net Income |
44.432 |
491.413 |
143.400 |
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Financial Analysis |
2006 |
2005 |
2004 |
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Current Ratio |
1,53 |
1,65 |
1,46 |
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Current Debt
Ratio |
1,56 |
1,29 |
1,43 |
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Total Debt Ratio |
2,56 |
2,29 |
2,43 |
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Working Capital |
$7.982,31 |
$7.681,71 |
$3.588,43 |
(Dollar rate US$1.00 = R$1,767).
Banking
Banco do Itaú S/A. – branch - 0756
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 consulted.
154 – Invoices:
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Information on
purchases: |
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DEC/2007 |
Last: |
R$9.364 |
Average: |
R$1.762 |
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Information on
invoicing: |
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DEC/2007 |
Highest: |
R$9.364 |
Average: |
R$2.365 |
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Information on accumulation: |
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DEC/2007 |
Highest: |
R$20.744 |
Average: |
R$4.129 |
100% - Prompt payments
Trade References
Main Supplier:
Laboratório Farmacêutico Vitamed Ltda.
Main clients:
Not informed.
Public Records
Information
No negative information was found.
Remarks
Contacted Mr. Carlos Silva, we requested the balance sheet of
2006/2005/2004, 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
We believe it may be possible to have trade relation with the subject
company with amounts that fit to its economic-financial resources, under usual
terms. When higher amounts are involved we recommend dealing under secured
terms.
RATING
EXPLANATIONS
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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 |
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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%)