MIRA
INFORM REPORT
|
Report Date : |
01.02.2007 |
IDENTIFICATION
DETAILS
|
Name : |
SUMINISTROS
EVIA SL |
|
|
|
|
Registered Office : |
Calle
Barrena Kalea, 11, 20600 Eibar (Guipuzcoa) |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2005 |
|
|
|
|
Date of Incorporation : |
01/01/1948 |
|
|
|
|
Legal Form : |
Limited
Liability Company |
|
|
|
|
Line of Business : |
Wholesale
of toys & sporting goods |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
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|
|
|
Litigation : |
Clear |
Identification and
Characteristics
|
Tax Number |
B20024253 |
|
NAME |
SUMINISTROS EVIA SL |
|
TRADE NAME |
SUMINISTROS EVIA, S.L. |
|
BUSINESS
ADDRESS |
CALLE BARRENA KALEA, 11 |
|
Postcode |
20600 EIBAR (GUIPUZCOA) |
|
FORMER
ADDRESS |
CALLE TXONTA KALEA, 5 |
|
Postcode |
20600 EIBAR (GUIPUZCOA) |
|
URL |
http://www.evia.es |
|
TELEPHONE |
943820033 |
|
FAX |
943121287 |
|
LEGAL FORM |
LIMITED LIABILITY COMPANY |
|
DATE FOUNDED |
01/01/1948 |
|
CAPITAL |
450.750,00 Euros |
|
NUMBER OF
EMPLOYEES |
30 |
|
ACTIVITY |
1619100 - Wholesale of toys
& sporting goods |
|
CNAE |
5147 - Wholesale of other
household goods |
|
EXPORT COMPANY |
YES |
|
IMPORT COMPANY |
YES |
|
* Characteristics of the main address |
|
|
According to our researches
dated 31/01/2007 these are it is
a/an office, warehouse used as owned; with no official
confirmation located in a industrial area and it is located
in an area secondary . Clarifications: domicilio social |
|
Synthesis
|
FINANCIAL SITUATION (Year
ending: 31/12/2005) |
||
|
|
|
|
|
PROFITABILITY |
|
Average |
|
TREASURY |
|
Excellent |
|
BALANCE SHEET |
|
Excellent |
|
DEBT |
|
Very low |
|
INCIDENTS |
||
|
|
|
|
|
COMMITMENTS |
|
Respected |
|
INCIDENTS |
|
None or Negligible |
|
PREVIOUS EXPERIENCE |
||
|
|
|
|
|
PREVIOUS
EXPERIENCE |
|
Very favourable |
Credit Appraisal
|
CREDIT ACCORDING TO OBJECTIVE DATA (From 0
to 6.000.000,00 Euros): |
|
FAVOURABLE TOWARDS 380.500,76
Max. |
Financial Elements
Figures given in
Euros
|
|
Balance
sheet 2.003 (12) |
Balance sheet 2.004
(12) |
Balance sheet 2.005
(12) |
% Sales |
|
|
SALES |
10.774.417,92 |
11.487.334,00 |
11.965.102,00 |
|
|
|
ADDED VALUE |
2.817.722,48 |
3.014.716,00 |
2.833.992,00 |
23,69 |
|
|
BUSINESS RESULT |
1.111.350,27 |
1.174.360,00 |
1.186.056,00 |
9,91 |
|
|
OWN FUNDS |
6.373.564,99 |
6.647.925,00 |
7.233.981,00 |
|
|
|
DEBT |
3.512.909,62 |
4.352.693,00 |
4.750.071,00 |
|
|
|
TOTAL ASSET |
9.896.374,42 |
11.006.413,00 |
11.986.173,00 |
|
|
|
The sales of 11.965.102,00
Euros show a change of 4,16% compared with
2.004 . Between 2.003 and 2.004 , this
change was 6,62% . |
|||||
|
Added value grew by -5,99%
compared with the previous year. Shareholders equity are 7.233.981,00
Euros for an indebtedness of 4.750.071,00 Euros
. |
|||||
|
The result 1.186.056,00
Euros means financial profitability of 16,40% and
economic profitability of 9,90% . This result means growth of
1,00% compared with the 2.004 . |
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THE FIGURES FOR THE LAST BALANCE SHEET ARE
RELEVANT: |
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|
SOURCE: FROM THE MERCANTILE REGISTER |
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|
DATE: 19/12/2006 |
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Results Distribution |
|||||
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Annual Report Year Source: 2.004 |
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|
Figures given in Euros |
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|
Distribution Base |
|||||
|
Profit and Loss |
1.174.360 |
||||
|
Total of Amounts to be
distributed |
1.174.360 |
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|
Distribution a |
|||||
|
Other funds |
574.360 |
||||
|
Dividends |
600.000 |
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|
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Auditors’ opinion: |
|||||
|
FAVOURABLE (2.004) |
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|
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Auditors: |
|||||
|
CONSULTORES SAYMA S.A. |
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Comparative Sector
Analysis
|
|
Company |
Sector |
Difference |
|
|
(2.005) |
|
|
|
% of PRODUCTION VALUE |
|
|
|
|
SALES |
99,63 |
98,67 |
0,96 |
|
ADDED
VALUE |
23,60 |
14,58 |
9,02 |
|
BUSINESS
RESULT |
9,88 |
2,96 |
6,92 |
|
% OF TOTAL ASSETS |
|
|
|
|
OWN
FUNDS |
60,35 |
37,10 |
23,25 |
|
DEBT |
39,63 |
62,90 |
-23,27 |
Compared sector (CNAE): 514 - Comercio al por mayor de
productos de consumo, distinto de los alimenticios
Number of companies: 549
Size (Sales Figure): 7.000.000,00 - 40.000.000,00
Euros
The turnover of the company is 0,96%
above the mean for the sector.
The company’s added value was 23,60%
s/ the production value, and 9,02% above the mean for the sector.
The company’s business result was
9,88% of the PV, 6,92% above the mean for the sector.
The company’s own resources are 60,35%
, 23,25% above the mean for the sector.
The company’s outside resources are
39,63% , 23,27% below the mean for the sector.
Legal Actions
No legal incidences registered for this
company in the official source
No claims registered for this company in the
official sources
AFFECTED BY: No significant elemento
Main Board members,
Directors and Auditor
|
Position |
Surname and name |
Date of appointment |
|
SOLE ADMINISTRATOR |
INTER SPORT INVESTMENTS SL |
23/09/2003 |
|
AUDITOR |
CONSULTORES SAYMA SA |
31/08/2006 |
Functional Managers
|
Position |
Surname and name |
|
FINANCIAL MANAGER |
GANDARILLAS GONZALEZ LUIS FERNANDO |
|
COMMERCIAL MANAGER |
MACIAS RABANO LUIS |
|
MARKETING MANAGER |
ZALDOA IGNACIO |
|
PURCHASES MANAGER |
BARRENETXEA APRAIZ KOLDO |
|
EXPORTS MANAGER |
ODRIOZOLA BEIZAMA INAKI |
Financial Links
|
Shareholders |
||||
|
Company Name |
CIF/Country |
|
Source |
Information Date |
|
INTER SPORT INVESTMENTS S.L. |
B20643755 |
95,00% |
OWN SOURCES |
31/01/2007 |
|
SPORTECH AREA S.L. |
I02363821 |
5,00% |
M.REGISTER |
31/12/2003 |
|
Shareholdings |
||||
|
Company Name |
CIF/Country |
Percent. |
Source |
Information Date |
|
ELKARGI SGR |
G20066411 |
0,00% |
OWN SOURCES |
29/11/2002 |
|
SKY WAY TECHONOLOGY ESPANA S.A. |
A01058759 |
0,00% |
OWN SOURCES |
30/05/2006 |
Proceedings published
in the B.O.R.M.E. (Official Mercantile Register Gazette)
|
Proceedings |
Date |
Notice Num. |
Mercantile Reg. |
|
Registration of accounts
(2005) |
14/12/2006 |
023659 |
GUIPUZCOA |
|
Re-elections |
31/08/2006 |
431973 |
GUIPUZCOA |
|
Re-elections |
14/02/2006 |
079554 |
GUIPUZCOA |
|
Resignations |
18/11/2005 |
486887 |
GUIPUZCOA |
|
Registration of accounts
(2004) |
12/09/2005 |
370981 |
GUIPUZCOA |
Press articles
|
|
||
|
31/01/2001 |
GACETA NEG |
COMPANIES AGREEMENTS INFORMATIONS |
|
LA EMPRESA VASCA CTI SOFT HA FIRMADO
CONTRATOS CON NUEVE SOCIEDADES Y ORGA NISMOS PARA LA IMPLANTACION DE SU ERP
PRAXIS 2000, CONTRATOS QUE SUMAN UNA FACTURACION DE 153 MM. DE PTAS.
APROXIMADAMENTE. LOS NUEVOS CONTRATOS SE HAN SUSCRITO CON MECALUX,
SUMINISTROS EVIA, VALVULAS POYAM, CONSORCIO DE AGUAS DE GUIPUZCOA, CAMEPACK
(TODAS ELLAS EN GUIPUZCOA), MATRINOR (VIZCAYA), FUN DACION BANCAJA
(VALENCIA), INGENIERIA TEGRAF (MADRID) E INGAPAN (LUGO). |
||
Complementary
Information
|
31/01/07 BLOQUE DE INVESTIGACION: |
|
- Su actividad concreta es la venta mayor
de articulos de pesca de- |
|
portiva. |
|
- Posee local en propiedad en Calle
Barrena, 11 de Eibar (GUIPUZCOA) |
|
con una superficie aproximada de 200 m2
(sin verificacion). |
|
- Importa de China, Japon, Hong Kong. |
|
- Realiza operaciones intracomunitarias de
compra y de venta. |
|
---------------------------------------------------------------------- |
|
El Bloque de Investigacion no esta sujeto
a actualizaciones sistemati |
|
cas. Los datos mostrados fueron aportados
por las fuentes consultadas |
|
en la fecha del encabezamiento. |
Brands, Signs and
Commercial Names
|
Prevailing Brands |
|||||
|
Name: |
DELTA TACTICS |
||||
|
Kind of Brand: |
DENOMINATIVE |
File: |
M2626763 |
||
|
Request Date: |
10/12/2004 |
Bulletin Date: |
Bulletin Date: |
Current situation: |
APPROVED REGISTER |
|
Types: 8 |
|
||||
|
Name: |
ROCK TOOL COMPANY |
||||
|
Kind of Brand: |
DENOMINATIVE |
File: |
M2626764 |
||
|
Request Date: |
10/12/2004 |
Bulletin Date: |
Bulletin Date: |
Current situation: |
APPROVED REGISTER |
|
Types: 8 |
|
||||
|
Name: |
LA BOUTIQUE DEL CAZADOR |
||||
|
Kind of Brand: |
DENOMINATIVE |
File: |
M2549829 |
||
|
Request Date: |
09/07/2003 |
Bulletin Date: |
Bulletin Date: |
Current situation: |
APPROVED REGISTER |
|
Types: 35 |
|
||||
|
Name: |
LASER TECHNOLOGIES
ASARI FALCON |
||||
|
Kind of Brand: |
JOINT |
File: |
M2508750 |
||
|
Request Date: |
18/10/2002 |
Bulletin Date: |
Bulletin Date: |
Current situation: |
APPROVED REGISTER |
|
Types: 28 |
|
||||
|
Name: |
LASER TECHNOLOGIES
ASARI |
||||
|
Kind of Brand: |
JOINT |
File: |
M2465712 |
||
|
Request Date: |
26/03/2002 |
Bulletin Date: |
Bulletin Date: |
Current situation: |
APPROVED REGISTER |
|
Types: 28 |
|
||||
Total Marcas: 29
|
|
||
|
Commercial Experience |
||
|
|
||
|
PURCHASES |
||
|
Import Percentage:
81% |
||
|
Imports:: |
||
|
UE, CHINA, JAPON |
||
|
|
||
|
SALES |
||
|
Collection (estimated) |
||
|
Cash sales percentage 15
% |
||
|
Credit sales percentage
85 % |
||
|
|
||
|
Export Percentage: 8% |
||
|
Exports:: |
||
|
Francia, Portugal |
||
|
|
|
|
|
Clients |
International |
|
|
NAUTIPENICHE PESCA DESPORTO E TURISMO LTDA |
|
|
|
NAUTIPENICHE PESCA DESPORTO E TURISMO LDA |
|
|
|
NAUTIPENICHE PESCA DESPORTO E TURISMO
LIMITADA |
|
|
|
Total 3 |
|
|
Bank Entities
|
Entity |
Branch |
Branch Address |
Town |
Province |
|
BANCO GUIPUZCOANO, S.A. |
|
|
EIBAR |
|
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
2410 |
ERREBAL, 7 |
EIBAR |
GUIPUZCOA |
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
5466 |
ERREBAL, 7 |
EIBAR |
GUIPUZCOA |
|
BANCO DE SABADELL, S.A. |
7521 |
BIDEBARRIETA, 7 |
EIBAR |
GUIPUZCOA |
|
BANCO SANTANDER CENTRAL HISPANO, S.A. |
|
|
EIBAR |
|
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 19/12/2006
Balance Sheet
(ASSETS)
|
(Figures given in Euros) |
31/12/2003 (12) |
31/12/2004 (12) |
31/12/2005 (12) |
|
|
|
A) DUE FROM SHAREHOLDERS FOR UNCALLED
CAPITAL |
|
|
|
|
|
B) FIXED ASSETS |
2.129.699,36 |
1.944.111,00 |
1.804.543,00 |
|
|
I. Establishment expenses |
|
|
|
|
|
II. Intangible assets |
65.077,31 |
50.742,00 |
28.751,00 |
|
|
Concessions, patents,licences , trademarks |
19.535,90 |
19.536,00 |
19.536,00 |
|
|
Software |
194.048,61 |
214.903,00 |
218.923,00 |
|
|
Amortization |
-148.507,20 |
-183.697,00 |
-209.708,00 |
|
|
III. Tangible assets |
2.060.174,50 |
1.885.721,00 |
1.767.664,00 |
|
|
Property, plant and equipment |
2.360.520,92 |
2.360.521,00 |
2.360.521,00 |
|
|
Machinery, equipment and other |
477.731,41 |
477.731,00 |
477.731,00 |
|
|
Other property plant and equipement |
333.613,52 |
364.762,00 |
398.580,00 |
|
|
Prepaid expenses on fixed assets |
|
|
2.960,00 |
|
|
Other assets |
348.271,54 |
366.556,00 |
335.503,00 |
|
|
Depreciation |
-1.459.962,89 |
-1.683.849,00 |
-1.807.631,00 |
|
|
IV. Financial assets |
4.447,55 |
7.648,00 |
8.128,00 |
|
|
Securities |
3.485,93 |
3.486,00 |
3.486,00 |
|
|
Long term deposits and guarantees |
961,62 |
4.162,00 |
4.642,00 |
|
|
V. Owners equity |
|
|
|
|
|
VI. Long term trade liabilities |
|
|
|
|
|
C) DEFERRED EXPENSES |
|
|
|
|
|
D) CURRENT ASSETS |
7.766.675,06 |
9.062.302,00 |
10.181.630,00 |
|
|
I. Not paid in shareholder capital |
|
|
|
|
|
II. Inventory |
4.452.689,81 |
5.241.484,00 |
6.226.057,00 |
|
|
Goods available for sale |
4.452.689,81 |
5.241.484,00 |
6.226.057,00 |
|
|
III. Debtors |
3.196.521,55 |
3.617.476,00 |
3.774.562,00 |
|
|
Clients |
3.672.812,71 |
4.081.774,00 |
4.218.493,00 |
|
|
Labor costs |
|
1.500,00 |
|
|
|
Taxes refunds |
|
44.895,00 |
77.298,00 |
|
|
Provisions |
-476.291,16 |
-510.693,00 |
-521.229,00 |
|
|
IV. Short term financial assets |
30.000,00 |
30.000,00 |
20.000,00 |
|
|
Other loans |
30.000,00 |
30.000,00 |
20.000,00 |
|
|
V. Short term owners equity |
|
|
|
|
|
VI. Cash |
87.463,70 |
173.342,00 |
161.011,00 |
|
|
VII. Prepaid expenses and accrued income |
|
|
|
|
|
ASSETS (A + B + C + D) |
9.896.374,42 |
11.006.413,00 |
11.986.173,00 |
Balance Sheet
(LIABILITIES)
|
(Figures given in Euros) |
31/12/2003 (12) |
31/12/2004 (12) |
31/12/2005 (12) |
|
|
|
A) SHAREHOLDERS EQUITY |
6.373.564,99 |
6.647.925,00 |
7.233.981,00 |
|
|
I. Capital |
450.750,00 |
450.750,00 |
450.750,00 |
|
|
II. Premium share account |
72.121,45 |
72.122,00 |
72.122,00 |
|
|
III. Revaluation reserve |
384.233,37 |
384.233,00 |
384.233,00 |
|
|
IV. Reserves |
4.355.109,90 |
4.566.460,00 |
5.140.820,00 |
|
|
Retained earnings |
90.151,82 |
90.152,00 |
90.152,00 |
|
|
Other funds |
4.264.958,08 |
4.476.308,00 |
5.050.668,00 |
|
|
V. Prior year earnings |
|
|
|
|
|
VI. Prior year profit or losses |
1.111.350,27 |
1.174.360,00 |
1.186.056,00 |
|
|
VII. Dividend paid during the year |
|
|
|
|
|
VIII. Own shares for change in capital |
|
|
|
|
|
B) DEFERRED INCOME |
9.899,81 |
5.795,00 |
2.121,00 |
|
|
Capital grants |
9.899,81 |
|
|
|
|
Other deferred income |
|
5.795,00 |
2.121,00 |
|
|
C) PROVISIONS FOR LIABILITIES AND EXPENSES |
|
|
|
|
|
D) LONG TERM LIABILITIES |
321.452,00 |
353.333,00 |
291.050,00 |
|
|
I. Bonds |
|
|
|
|
|
II. Bank loans |
268.342,00 |
301.714,00 |
246.159,00 |
|
|
Long term bank loans |
268.342,00 |
301.714,00 |
246.159,00 |
|
|
III. Debts with associed and affiliated
companies |
|
|
|
|
|
IV. Other creditors |
53.110,00 |
51.619,00 |
44.891,00 |
|
|
Taxes receivable |
53.110,00 |
51.619,00 |
44.891,00 |
|
|
V. Deferred debts on shares |
|
|
|
|
|
VI. Long term debt with creditor |
|
|
|
|
|
E) SHORT TERM LIABILITIES |
3.191.457,62 |
3.999.360,00 |
4.459.021,00 |
|
|
I. Negotiable bonds |
|
|
|
|
|
II. Bank loans |
1.876.574,75 |
2.271.786,00 |
2.898.599,00 |
|
|
Loans and other debts |
1.868.933,00 |
2.265.479,00 |
2.891.357,00 |
|
|
Debt interest |
7.641,75 |
6.307,00 |
7.242,00 |
|
|
III. Short term debts with associated and
affiliated companies |
|
|
|
|
|
IV. Trade creditors |
783.267,00 |
1.143.357,00 |
954.389,00 |
|
|
Expenses |
783.267,00 |
1.143.357,00 |
954.389,00 |
|
|
V. Other non trade payables |
531.615,87 |
584.217,00 |
606.033,00 |
|
|
Government |
531.615,87 |
584.217,00 |
606.033,00 |
|
|
VI. Provisions for current assets |
|
|
|
|
|
VII. Accruals and deferred incomes |
|
|
|
|
|
F) SHORT TERM PROVISIONS FOR LIABILITIES
AND EXPENSES |
|
|
|
|
|
LIABILITIES (A + B + C + D + E + F) |
9.896.374,42 |
11.006.413,00 |
11.986.173,00 |
Profit and Loss
Account
|
(Figures given in Euros) |
31/12/2003 (12) |
31/12/2004 (12) |
31/12/2005 (12) |
|
|
|
A) EXPENSES (A.1 a A.16) |
|
|
|
|
|
A.1. Change in stocks of finished goods
and work in progress |
|
|
|
|
|
A.2. Supplies |
6.378.785,45 |
6.776.759,00 |
6.838.014,00 |
|
|
Material consumed |
6.178.545,57 |
6.776.759,00 |
6.838.014,00 |
|
|
Raw materials consumed |
83.008,13 |
|
|
|
|
Other expenses |
117.231,75 |
|
|
|
|
A.3. Labor cost |
913.268,42 |
876.044,00 |
852.648,00 |
|
|
Wages |
694.534,50 |
670.131,00 |
654.741,00 |
|
|
Social security expenses |
218.733,92 |
205.913,00 |
197.907,00 |
|
|
A.4. Assets depreciation |
256.309,65 |
259.076,00 |
234.574,00 |
|
|
A.5 Variance in provision for current
assets |
35.326,52 |
34.402,00 |
10.431,00 |
|
|
Variance in provision for bad debts |
35.326,52 |
34.402,00 |
10.431,00 |
|
|
A.6. Other operating costs |
1.609.976,09 |
1.743.096,00 |
2.337.576,00 |
|
|
External costs |
1.574.466,54 |
1.720.754,15 |
2.317.460,30 |
|
|
Taxes |
35.509,55 |
22.341,85 |
20.115,70 |
|
|
A.I. OPERATING RESULT
(B.1+B.2+B.3+B.4-A.1-A.2-A.3-A.4-A.5-A.6) |
1.612.817,89 |
1.845.194,00 |
1.736.339,00 |
|
|
A.7. Financial expenses |
88.638,47 |
77.449,00 |
97.904,00 |
|
|
Debts with related companies |
88.638,47 |
|
|
|
|
Other companies debts |
|
77.449,00 |
97.904,00 |
|
|
A.8. Variation in financial investments
provision |
|
|
|
|
|
A.9. Exchange losses |
122.230,24 |
141.386,00 |
59.930,00 |
|
|
A.II. POSITIVE FINANCIAL RESULTS
(B.5+B.6+B.7+B.8-A.7-A.8-A.9) |
|
|
|
|
|
A.III. PROFIT FROM ORDINARY ACTIVITIES
(A.I+A.II-B.I-B.II) |
1.507.240,98 |
1.693.345,00 |
1.668.438,00 |
|
|
A.10. Variation in provision in fixed
assets |
|
|
|
|
|
A.11. Losses in fixed assets |
|
|
|
|
|
A.12. Losses from shares and bonds |
|
|
|
|
|
A.13. Extraordinary charges |
8.127,19 |
20.939,00 |
46.221,00 |
|
|
A.14. Prior year’s expenses and losses |
|
|
|
|
|
A.IV. POSITIVE EXTRAORDINARY RESULT (B.9+B.10+B.11+B.12+B.13-A.10-A.11-A.12-A.13-A.14) |
10.640,12 |
617,00 |
39.232,00 |
|
|
A.V. EARNINGS / LOSS BEFORE TAXES
(A.III+A.IV-B.III-B.IV) |
1.517.881,10 |
1.693.962,00 |
1.707.670,00 |
|
|
A.15. Corporate Taxes |
406.530,83 |
519.602,00 |
521.614,00 |
|
|
A.16. Other taxes |
|
|
|
|
|
A.VI. YEAR END RESULT (PROFIT)
(A.V-A.15-A.16) |
1.111.350,27 |
1.174.360,00 |
1.186.056,00 |
|
|
B) INCOMES (B.1 a B13) |
|
|
|
|
|
B.1. Turnover |
10.774.417,92 |
11.487.334,00 |
11.965.102,00 |
|
|
Sales |
10.785.359,90 |
11.487.334,00 |
11.965.102,00 |
|
|
Services provided |
3.000,00 |
|
|
|
|
Discounts |
-13.941,98 |
|
|
|
|
B.2. Increase in inventory of finished
goods |
|
|
|
|
|
B.3. Expenses capitalized |
|
|
|
|
|
B.4. Other operating income |
32.066,10 |
47.237,00 |
44.480,00 |
|
|
Other incomes |
4.035,00 |
47.237,00 |
44.480,00 |
|
|
Grants |
28.031,10 |
|
|
|
|
B.I. OPERATING LOSSES
(A.1+A.2+A.3+A.4+A.5+A.6-B.1-B.2-B.3-B.4) |
|
|
|
|
|
B.5. Incomes from share |
|
|
|
|
|
B.6. Income from securities |
|
|
|
|
|
B.7. Other income from interrest |
4.702,37 |
3.068,00 |
3.539,00 |
|
|
From other companies |
4.702,37 |
3.068,00 |
3.539,00 |
|
|
B.8. Gains on exchange |
100.589,43 |
63.918,00 |
86.394,00 |
|
|
B.II. FINANCIAL LOSSES
(A.7+A.8+A.9-B.5-B.6-B.7-B.8) |
105.576,91 |
151.849,00 |
67.901,00 |
|
|
B.III. LOSSES FROM ORDINARY ACTIVITIES
(B.I+B.II-A.I-A.II) |
|
|
|
|
|
B.9. Gains from disposal of fixed assets |
419,98 |
|
16.052,00 |
|
|
B.10. Gains from dealing in own shares |
|
|
|
|
|
B.11. Paid in surplus |
8.010,00 |
6.130,00 |
3.674,00 |
|
|
B.12. Extraordinary income |
10.337,33 |
15.426,00 |
65.727,00 |
|
|
B.13. Prior year’s income and profits |
|
|
|
|
|
B.IV. EXTRAORDINARY LOSSES
(A.10+A.11+A.12+A.13+A.14-B.9-B.10-B.11-B.12-B.13) |
|
|
|
|
|
B.V. LOSS BEFORE TAXES
(B.III+B.IV-A.III-A.IV) |
|
|
|
|
|
B.VI. NET LOSS (B.V+A.15+A.16) |
|
|
|
Main Ratios
|
(Figures given in Euros) |
2.003 (12) |
2.004 (12) |
2.005 (12) |
|
|
|
ACTIVITY |
|
|
|
|
|
Increase of the Sales Figures |
10,60 |
6,62 |
4,16 |
|
|
Assets Turnover |
1,09 |
1,04 |
1,00 |
|
|
Productivity |
3,09 |
3,44 |
3,32 |
|
|
Increase of the Added Value |
24,67 |
6,99 |
-5,99 |
|
|
PROFITABILITY |
|
|
|
|
|
Economic Profitability |
11,23 |
10,67 |
9,90 |
|
|
Financial Profitability |
17,44 |
17,67 |
16,40 |
|
|
Financial Expenses |
0,82 |
0,67 |
0,82 |
|
|
BALANCE (IN DAYS OF SALES) |
|
|
|
|
|
Customers’ Credit (In days of sales) |
107,00 |
113,00 |
114,00 |
|
|
Suppliers’ Credit (In days of sales) |
44,00 |
61,00 |
50,00 |
|
|
Working Capital (In days of sales) |
153,00 |
159,00 |
172,00 |
|
|
Working Capital Requirement (In days of
sales) |
212,00 |
223,00 |
254,00 |
|
|
Treasury (In days of sales) |
0,00 |
0,00 |
0,00 |
|
|
BALANCE |
|
|
|
|
|
Working Capital |
4.575.217,44 |
5.062.942,00 |
5.722.609,00 |
|
|
Working Capital Requirement |
6.334.328,49 |
7.131.386,00 |
8.440.197,00 |
|
|
Treasury |
-1.759.111,05 |
-2.068.444,00 |
-2.717.588,00 |
|
|
Balance Ratio |
3,15 |
3,60 |
4,17 |
|
|
SOLVENCY |
|
|
|
|
|
Borrowing Ratio |
35,50 |
39,55 |
39,63 |
|
|
Own / Permanent Funds |
95,06 |
94,88 |
96,11 |
|
|
Payback Capacity |
0,32 |
0,37 |
0,39 |
|
|
LIQUIDITY |
|
|
|
|
|
General Liquidity |
2,43 |
2,27 |
2,28 |
|
|
Immediate Liquidity |
0,04 |
0,05 |
0,04 |
Sectorial Analysis
Summary of Assets, Liability & Equity
|
(Figures given in Percentages) |
Company |
Sector |
Company |
|
|
2.005 |
|
|
|
Assets |
|||
|
DUE FROM SHAREHOLDERS
FOR UNCALLED CAPITAL |
0,00 |
0,00 |
0,00 |
|
FIXED ASSETS |
15,06 |
19,86 |
-4,80 |
|
ACCRUED EXPENSES |
0,00 |
0,22 |
-0,22 |
|
CURRENT ASSETS |
84,94 |
79,92 |
5,02 |
|
TOTAL ASSETS |
100,00 |
100,00 |
0,00 |
|
Liabilities |
|||
|
SHAREHOLDERS EQUITY |
60,35 |
37,10 |
23,25 |
|
ACCRUED INCOME |
0,02 |
0,15 |
-0,13 |
|
RISK AND EXPENDITURE
COVER |
0,00 |
0,22 |
-0,22 |
|
LONG-TERM CREDITORS |
2,43 |
6,03 |
-3,60 |
|
SHORT-TERM CREDITORS |
37,20 |
56,46 |
-19,26 |
|
SHORT-TERM RISK AND
EXPENDITURE COVER |
0,00 |
0,03 |
-0,03 |
|
TOTAL LIABILITIES |
100,00 |
100,00 |
0,00 |
Analytical Account of
Results
|
(Figures given in Percentages) |
Company |
Sector |
Company |
|
|
2.005 |
|
|
|
Net turnover |
99,63 |
98,67 |
0,96 |
|
Other operating income |
0,37 |
1,33 |
-0,96 |
|
Production Value |
100,00 |
100,00 |
0,00 |
|
Operating expenses |
56,94 |
73,88 |
-16,95 |
|
Other operation expenses |
19,46 |
11,53 |
7,93 |
|
Added value |
23,60 |
14,58 |
9,01 |
|
Labor cost |
7,10 |
8,64 |
-1,54 |
|
Gross Economic Result |
16,50 |
5,94 |
10,55 |
|
Assets depreciation |
1,95 |
1,02 |
0,93 |
|
Variation in provision
for current assets |
0,09 |
0,37 |
-0,29 |
|
Net Economic Result |
14,46 |
4,55 |
9,91 |
|
Financial income |
0,75 |
0,78 |
-0,03 |
|
Financial expenses |
1,31 |
1,11 |
0,20 |
|
Variation in financial
investment provision |
0,00 |
-0,01 |
0,01 |
|
Ordinary Activities
Result |
13,89 |
4,22 |
9,67 |
|
Extraordinary income |
0,71 |
0,29 |
0,42 |
|
Extraordinary expenses |
0,38 |
0,21 |
0,17 |
|
Variation in provision
in fixed assets |
0,00 |
0,03 |
-0,03 |
|
Results before Taxes |
14,22 |
4,28 |
9,94 |
|
Corporaye taxes |
4,34 |
1,32 |
3,02 |
|
Net Result |
9,88 |
2,96 |
6,92 |
|
Assets depreciation |
1,95 |
1,02 |
0,93 |
|
Provisions fund
variation |
0,09 |
0,39 |
-0,31 |
|
Net Self-Financing |
11,92 |
4,37 |
7,55 |
Ratios
|
(Figures given in ) |
Company |
Ptile25 |
Medium |
Ptile75 |
|
|
2.005 |
|
|
|
|
ACTIVITY |
|
|
|
|
|
Increase of the Sales
Figures |
4,16 |
-1,31 |
6,49 |
14,61 |
|
Assets Turnover |
1,00 |
1,41 |
1,76 |
2,30 |
|
Fixed Assets Turnover |
6,63 |
6,93 |
13,87 |
31,66 |
|
Increase of the Added
Value |
-6,00 |
-4,70 |
5,99 |
17,97 |
|
PRODUCTIVITY |
|
|
|
|
|
Productivity |
3,32 |
1,35 |
1,68 |
2,19 |
|
Change of Personnel
Costs |
-2,67 |
1,35 |
8,86 |
18,85 |
|
Average Personnel Costs |
30.451,71 |
21.133,56 |
27.457,83 |
35.695,94 |
|
Value Added by Employees |
101.214,00 |
34.282,63 |
47.588,41 |
70.660,80 |
|
CASH FLOW |
|
|
|
|
|
Cash Flow |
1.431.061,00 |
204.856,13 |
405.860,11 |
771.244,61 |
|
Operating Cash Flow |
1.981.344,00 |
289.844,55 |
575.402,69 |
1.122.000,00 |
|
Change in Cash Flow |
-2,51 |
-18,88 |
5,11 |
27,46 |
|
PROFITABILITY |
|
|
|
|
|
Economic Profitability |
9,90 |
1,55 |
3,68 |
7,19 |
|
Financial Profitability |
16,40 |
6,26 |
12,33 |
20,06 |
|
Financial Expenses |
0,82 |
0,25 |
0,68 |
1,38 |
|
Gross Economic
Profitability |
16,53 |
4,80 |
8,83 |
13,71 |
|
Gross Financial
Profitability |
27,39 |
17,16 |
28,45 |
45,18 |
|
BALANCE (IN DAYS OF SALES) |
|
|
|
|
|
Customers’ Credit (In
days of sales) |
113,00 |
56,55 |
93,21 |
129,78 |
|
Suppliers’ Credit (In
days of sales) |
50,00 |
30,87 |
78,90 |
116,30 |
|
Working Capital (In days
of sales) |
172,00 |
15,39 |
40,75 |
75,01 |
|
Working Capital
Requirement (In days of sales) |
253,00 |
17,00 |
49,25 |
92,23 |
|
Treasury (In days of
sales) |
0,00 |
-34,21 |
0,47 |
19,18 |
|
Operating Current Assets |
306,00 |
126,22 |
168,59 |
212,24 |
|
BALANCE |
|
|
|
|
|
Working Capital |
5.722.609,00 |
565.102,53 |
1.289.196,48 |
2.643.488,60 |
|
Working Capital
Requirement |
8.440.197,00 |
486.626,81 |
1.592.872,53 |
3.552.538,00 |
|
Treasury |
-2.717.588,00 |
-1.267.143,73 |
17.520,37 |
719.254,70 |
|
Balance Ratio |
4,17 |
1,50 |
2,70 |
5,24 |
|
SOLVENCY |
|
|
|
|
|
Borrowing Ratio |
39,63 |
50,36 |
68,41 |
80,03 |
|
Own / Permanent Funds |
96,10 |
80,18 |
96,38 |
100,00 |
|
Payback Capacity |
0,39 |
0,24 |
0,35 |
0,47 |
|
Long term Indebtedness |
2,43 |
0,00 |
0,89 |
6,44 |
|
Gearing |
165,69 |
201,44 |
316,60 |
500,65 |
|
Financing Basic Ratio |
1,00 |
1,00 |
1,00 |
1,00 |
|
Assets Guarantee |
2,52 |
1,22 |
1,42 |
1,96 |
|
LIQUIDITY |
|
|
|
|
|
General Liquidity |
2,28 |
1,13 |
1,34 |
1,83 |
|
Immediate Liquidity |
0,04 |
0,05 |
0,12 |
0,32 |
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/normal. |
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 |
|