MIRA
INFORM REPORT
|
Report Date : |
16th
February, 2007 |
Head information
Company name :
NORTEC QUIMICA S/A
Trade Name :
NORTEC QUÍMICA
Address :
Rua 17, Nº 200, Xerem Distrito Industrial, Nova Campinas, 25268-410 – Duque de
Caixas/RJ - Brasil
Phone :
(55-21) 3651-7331 / 7300
Fax :
(55-21) 2679-1615
E-mail :
notecquimica@nortecquimica.com.br
Web Site :
www.nortecquimica.com.br
Legal information
Legal Status : Joint Stock Company (Closed
capital)
Incorporation date : December 20, 1985
Register number : 1.657.714
Tax contributor (CNPJ) : 29.950.060/0001-57
Registered capital : R$16.640.929,00
Number of employees : Not informed
Branch : 03 – Rio de Janeiro
History
Established on December 20, 1985,
chartered at the State Commerce Registration Office of Rio de Janeiro (JUCERJA)
under # 1.657.714,
Previus
Corporate name:
October 28, 1998 Nortec Nordeste Química
Desenvolvimento Técnicos.
September 25, 2002 Nortec Química Desenvolvimento Tecnológicos
Shareholders:
ALBERTO RAMY MANSUR 54%
(joined 12/1985), Brazilian, Married, CPF:
221.442.697-34
NICOLAU PIRES LAGES 26%
(joined 12/1985), Brazilian, Married, CPF:
052.444.207-04
Other shareholders 20%
Management: (11/2006 up to 11/2007)
ALBERTO RAMY MANSUR President Director
NICOLAU PIRES LAGES Superintendent Director
WALTER TRAJANO DE SÁ FILHO Production Director
Brazilian, Married, CPF: 500.409.017-34
Management Board:
ALBERTO RAMY MANSUR President
NICOLAU PIRES LAGES Vice President
Members of the Boards:
MÁRCIO RAMY MANSUR
ROSE MARIE CAPANEMA MANSUR
JOSÉ EDUARDO BANDEIRA DE MELLO
Properties
Not informed
Registered
line of business:
Industry of chemical products
Related Companies
Stock Participation: Not informed
Financial Data
The following financial statement
was obtained through outside sources consulted.
Quarterly balance sheet as of 31/03/2006 –
US$1.00 = R$2,172
Balance sheet information for fiscal year
ending:
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
|
|
03/2006 |
2005 |
2004 |
|
Current
Assets |
17.465 |
15.392 |
14.197 |
|
Inventory |
8.099 |
8.425 |
8.920 |
|
Other
Assets |
9.366 |
6.967 |
5.277 |
|
Long Term Assets |
138 |
157 |
19 |
|
Fixed Assets |
11.277 |
11.312 |
7.523 |
|
Immovable |
9.510 |
9.545 |
7.523 |
|
Deferred |
1.767 |
1.767 |
0 |
|
Total Assets |
28.880 |
26.861 |
21.739 |
Liabilities
|
|
03/2006 |
2005 |
2004 |
|
Current Liabilities |
5.019 |
3.371 |
4.804 |
|
Suppliers |
3.681 |
2.371 |
3.146 |
|
Other liabilities |
1.338 |
1.000 |
1.658 |
|
Long Term Liabilities |
7.668 |
7.445 |
0 |
|
Net Equity |
16.193 |
16.045 |
16.935 |
|
Capital |
16.641 |
16.641 |
14.411 |
|
Reserves |
290 |
290 |
291 |
|
Accumulated Profit (Loss) |
(738) |
(886) |
2.233 |
|
Total Liabilities |
28.880 |
26.861 |
21.739 |
Income Statement
|
|
03/2006 |
2005 |
2004 |
|
Annual Net Sales |
7.824 |
28.353 |
32.949 |
|
Gross Income |
1.672 |
3.113 |
8.265 |
|
Operating Income |
217 |
(916) |
4.678 |
|
Net Income |
148 |
(885) |
3.150 |
Financial Analysis
|
|
03/2006 |
2005 |
2004 |
|
Current
Ratio |
3,47 |
4,56 |
2,95 |
|
Current
Debt Ratio |
0,30 |
0,21 |
0,28 |
|
Total
Debt Ratio |
1,78 |
1,67 |
1,28 |
|
Working
Capital |
$12.446 |
$12.021 |
$9.393 |
(Dollar
rate US$1.00 = R$2,114 on 12/02/2007).
Banking
Banco
Itaú S/A. - branch
0310
Banco do
Brasil S/A. - branch 3437
Banco
Bradesco S/A. - branch
0026
Remark: banking comments could not be
obtained due to legal restrictions from the Brazilian Law.
Up to February 12, 2007 no returned
checks were found either in the name of the company or partners.
Insurance
Not informed
Public Records Trade Payment
The payment information was obtained
through outside sources and public records consulted.
165 invoices
|
Information
on purchases: |
||||
|
JAN/2007 |
Last: |
R$627
|
Average: |
R$2.277
|
|
Information
on invoicing: |
||||
|
APR/2006 |
Highest: |
R$16.904
|
Average: |
R$3.654
|
Information on accumulation:
|
||||
|
APR/2006 |
Highest: |
R$16.904
|
Average: |
R$3.890
|
95% - Prompt payments
1% -
Delays from 08 up to 15 days
2% -
Delays from 16 up to 30 days
2% -
More than 60 days
Trade References
Main
Suppliers:
TRIALCOOL DISTRIBUIDORA LTDA
IPIRANGA QUÍMICA S/A
RHODIA BRASIL LTDA
BANDEIRANTES QUÍMICA LTDA
Main
clients:
FUNDAÇÃO PARA O REMÉDIO POPULAR-FURP
ABBOTT LABORATÓRIOS DO BRASIL LTDA
FUNDAÇÃO OSVALDO CRUZ
MEDLEY S/A IND FARMACÊUTICA
SEM S/A
MERCK S/A
Public Records Information
Up to February 08, 2007, no negative information
was found.
Remarks
The information in this report were obtained outside sources
and public records consulted.
Final Opinion
Based on the over all information
available, the company can be considered normal for business dealings at usual
trade terms and conditions.
MIRA INFORM REPORT
|
Prepared for : |
SARASWAT
CO-OPERATIVE BANK – GHATKOPAR |
|
|
|
|
Your Ref. No.: |
-- |
|
Report No. : |
29894 |
|
Report Date : |
10th
February, 2007 |
INQUIRY DETAILS
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Given Name : |
NORTEC
QUIMICA SA |
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|
|
|
Given Address : |
Av.
Dezassete, 200 Pistrito Industrial De Duque De Caxias Xcrem 25250-000 Puque
De Caxias-RJ, Brazil. |
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Tel. No.: |
00552136517331 |
IDENTIFICATION
DETAILS
|
Name : |
NORTEC QUIMICA S/A |
|
|
|
|
Formerly Known as: |
NORTEC
QUÍMICA DESENVOLVIMENTO TECNOLÓGICOS |
|
|
|
|
Registered Office : |
Rua 17, Nº 200, Xerem Distrito Industrial,
Nova Campinas, 25268-410 – Duque de, Caixas/RJ - Brasil |
|
|
|
|
Country : |
Brasil |
|
|
|
|
Date of Incorporation : |
20.10.1985 |
|
|
|
|
Com. Reg. No.: |
1.657.714 |
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Legal Form : |
Joint Stock Company |
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|
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Line of Business : |
Industry of chemical products. |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome financial
difficulties seems comparatively below average/normal. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Usually
Correct |
|
|
|
|
Litigation : |
Clear |
Head information
Company name :
NORTEC QUIMICA S/A
Trade Name :
NORTEC QUÍMICA
Address :
Rua 17, Nº 200, Xerem Distrito Industrial, Nova Campinas, 25268-410 – Duque de
Caixas/RJ - Brasil
Phone :
(55-21) 3651-7331 / 7300
Fax :
(55-21) 2679-1615
E-mail :
notecquimica@nortecquimica.com.br
Web Site :
www.nortecquimica.com.br
Legal information
Legal Status : Joint Stock Company (Closed
capital)
Incorporation date : December 20, 1985
Register number : 1.657.714
Tax contributor (CNPJ) : 29.950.060/0001-57
Registered capital : R$16.640.929,00
Number of employees : Not informed
Branch : 03 – Rio de Janeiro
History
Established on December 20, 1985,
chartered at the State Commerce Registration Office of Rio de Janeiro (JUCERJA)
under # 1.657.714,
Previus
Corporate name:
October 28, 1998 Nortec Nordeste Química
Desenvolvimento Técnicos.
September 25, 2002 Nortec Química Desenvolvimento Tecnológicos
Shareholders:
ALBERTO RAMY MANSUR 54%
(joined 12/1985), Brazilian, Married, CPF: 221.442.697-34
NICOLAU PIRES LAGES 26%
(joined 12/1985), Brazilian, Married, CPF:
052.444.207-04
Other shareholders 20%
Management: (11/2006 up to 11/2007)
ALBERTO RAMY MANSUR President Director
NICOLAU PIRES LAGES Superintendent Director
WALTER TRAJANO DE SÁ FILHO Production Director
Brazilian, Married, CPF: 500.409.017-34
Management Board:
ALBERTO RAMY MANSUR President
NICOLAU PIRES LAGES Vice President
Members of the Boards:
MÁRCIO RAMY MANSUR
ROSE MARIE CAPANEMA MANSUR
JOSÉ EDUARDO BANDEIRA DE MELLO
Properties
Not informed
Registered
line of business:
Industry of chemical products
Related Companies
Stock Participation: Not informed
Financial Data
It was not possible to find financial data in
consulted external sources.
(Dollar
rate US$1.00 = R$2,095 on 08/02/2007).
Banking
Remark: banking comments could not be obtained due to legal restrictions from
the Brazilian Law.
Up to February 08,
2007 no returned cheques were foundeither in the name of the company or partners.
Insurance
Not informed
Public Records Trade Payment
The payment information was obtained
through outside sources and public records consulted.
165 invoices
|
Information
on purchases: |
||||
|
JAN/2007 |
Last: |
R$627
|
Average: |
R$2.277
|
|
Information
on invoicing: |
||||
|
APR/2006 |
Highest: |
R$16.904
|
Average: |
R$3.654
|
Information on accumulation:
|
||||
|
APR/2006 |
Highest: |
R$16.904
|
Average: |
R$3.890
|
95% - Prompt payments
1% -
Delays from 08 up to 15 days
2% -
Delays from 16 up to 30 days
2% -
More than 60 days
Trade References
Suppliers: Not informed
Main
clients: Not informed
Public Records Information
Up to February 08, 2007, no negative information
was found.
Remarks
The information in this report were obtained outside sources
and public records consulted.
Final Opinion
As no financial statement could be obtained, it
is impossible to analyze the financial situation of the company under review,
and to make credit rating.
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 |
|