MIRA
INFORM REPORT
|
Report Date : |
10.05.2007 |
IDENTIFICATION DETAILS
|
Name : |
NOVIBRA BOSKOVICE
S. R. O. |
|
|
|
|
Registered Office : |
Na Kamenici 2188, 680 01 Boskovice |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
2005 |
|
|
|
|
Date of Incorporation : |
13.01.1993 |
|
|
|
|
Com. Reg. No.: |
C 8870 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of machinery for textile, apparel and leather production |
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 |
|
Maximum Credit Limit : |
EUR 520.000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
Company name & Address
NOVIBRA BOSKOVICE S.R.O.
Principal Address
Na Kamenici 2188
680 01 Boskovice
Tel : +420-516
528 111, +420-516 528 105, +420-516 528 185
Fax : +420-516 528
137
Email :
sales@novibra.com
Internet :
www.novibra.cz
Registered office
Na Kamenici 2188
680 01 Boskovice
Czech Republic
Former company names
Novibra Boskovice
spol. s r.o., valid since 13.01.1993 valid until 02.10.1997
Former company
addresses
Former Principal Address:
Sokolovská 60
Bosokovice
Czech Republic
Former Principal Address:
Sokolovská 60
680 01 Boskovice
Czech Republic
ICON number
4987030
National ID
46995030
VAT number
CZ46995030
Date of Last Research
16.11.2006
CREDIT INFORMATION SUMMARY
Insolvency
Information:
According to available
information sources the company is not in a insolvency/preliminary/debt
regulation proceeding.
Maximum Credit:
EUR 520.000,00
Payment Practices:
Payments are made
according to terms
Further Rating
Information:
Turnover volume of CZK
648.158.000 in the year 2005 decreased by 13,57% compared with 2004. In
previous period this change was +3,98%.
Fixed assets increased by CZK 18.882.000 and are45,98% of total assets.
Cash flow from results of CZK 51.240.000 decreased by 35,62% compared with last
year result.
Debt Collection:
There is no record
of any debt collection action against this company exceeding a single case
volume of EUR 500.
COMPANY DETAILS
Established:
1993
Registration:
No. C 8870
13.01.1993
Legal Form:
13.01.1993
limited liability company
Capital:
CZK 40.000.000,00
Shareholders:
|
Full Name |
Function |
Address |
Equity |
|
RIETER Holding AG |
Partner |
|
CZK 39.000.000,00 |
|
Rieter Deutschland GmbH & Co.OHG |
Partner |
|
CZK 1.000.000,00 |
Management:
|
Full Name |
Function |
Address |
|
Ing. KOVÁŘ Zdeněk |
Managing Director |
Sudice 63 |
|
KÜLZER Markus |
Managing Director |
Vratíkov 63 |
|
SCHÖNBÄCHLER Christoph |
Managing Director |
Hündlerstrasse 55 |
KEY DATA ON OPERATIONS
Subject of
Operation:
NACE
2954 Manufacture of machinery for textile, apparel and leather production
High speed spindles, Technology HP-S 68, Heavy Duty Spindles,Lubrico, Top
Rollers, Bottom Rollers.
Key Data:
|
Amounts shown in Czech Koruna (CZK) |
||||
|
|
2006 |
2005 |
2004 |
2003 |
|
Turnover |
770.000.000
(expected) |
648.158.000 |
749.880.000 |
721.143.000 |
|
Fixed assets |
|
194.860.000 |
175.978.000 |
123.319.000 |
|
Equity |
|
180.250.000 |
164.839.000 |
102.235.000 |
|
Liabilities |
|
243.406.000 |
288.880.000 |
298.280.000 |
|
Profit after taxation |
|
75.787.000 |
97.238.000 |
68.001.000 |
|
Loss after taxation |
|
0 |
0 |
0 |
|
Operating result - profit |
|
104.037.000 |
138.391.000 |
109.835.000 |
|
|
2005 |
2004 |
2003 |
2002 |
|
Return on assets
(ROA) |
17,88 |
21,42 |
16,97 |
9,37 |
|
Return on equity
(ROE) |
42,05 |
58,99 |
66,51 |
86,73 |
Workforce:
2006 2005 2004 2003
Total workforce 420 380 380 395
Motor Vehicles:
2006 2005 2004 2003
Total number of vehicles 7
Number of cars 7 7 7
Imports:
Exports:
Real Estate:
built upon
Address:
Na Kamenici 2188
680 01 Boskovice
Czech Republic
Share: 100%
FINANCIAL INFORMATION
Financials:
|
Amounts shown in Czech Koruna (CZK) |
2005 |
2004 |
2003 |
2002 |
|
|
|
|
||||
|
|
Assets |
||||
|
|
TOTAL ASSETS |
423.780.000,00 |
453.860.000,00 |
400.740.000,00 |
330.946.000,00 |
|
|
Fixed assets |
194.860.000,00 |
175.978.000,00 |
123.319.000,00 |
91.374.000,00 |
|
|
Intangible fixed assets |
2.099.000,00 |
1.568.000,00 |
1.387.000,00 |
750.000,00 |
|
|
Tangible fixed assets |
192.761.000,00 |
174.410.000,00 |
121.932.000,00 |
90.624.000,00 |
|
|
Current assets |
224.249.000,00 |
271.771.000,00 |
277.224.000,00 |
235.674.000,00 |
|
|
Inventories |
94.161.000,00 |
96.439.000,00 |
92.471.000,00 |
86.499.000,00 |
|
|
Long-term receivables |
27.000,00 |
2.748.000,00 |
7.955.000,00 |
5.322.000,00 |
|
|
Short-term receivables |
105.598.000,00 |
125.408.000,00 |
141.074.000,00 |
121.653.000,00 |
|
|
from that : Trade receivables |
83.187.000,00 |
102.947.000,00 |
|
|
|
|
Liquid assets |
24.463.000,00 |
47.176.000,00 |
35.724.000,00 |
22.200.000,00 |
|
|
Other assets |
4.671.000,00 |
6.111.000,00 |
197.000,00 |
3.898.000,00 |
|
|
Estimated receivable |
27.000,00 |
|
|
750.000,00 |
|
|
|
||||
|
|
TOTAL LIABILITIES |
423.780.000,00 |
453.860.000,00 |
400.740.000,00 |
330.946.000,00 |
|
|
Equity |
180.250.000,00 |
164.839.000,00 |
102.235.000,00 |
35.749.000,00 |
|
|
Share capital |
40.000.000,00 |
40.000.000,00 |
40.000.000,00 |
40.000.000,00 |
|
|
Capital funds |
3.475.000,00 |
3.851.000,00 |
-1.515.000,00 |
|
|
|
Statutory funds |
4.000.000,00 |
4.000.000,00 |
1.685.000,00 |
135.000,00 |
|
|
Retained earnings |
56.988.000,00 |
19.750.000,00 |
-5.936.000,00 |
-35.391.000,00 |
|
|
Profit or loss for the current period |
75.787.000,00 |
97.238.000,00 |
68.001.000,00 |
31.005.000,00 |
|
|
LIABILITIES |
243.406.000,00 |
288.880.000,00 |
298.280.000,00 |
283.356.000,00 |
|
|
Reserves |
9.850.000,00 |
27.355.000,00 |
50.657.000,00 |
18.735.000,00 |
|
|
Long-term liabilities |
96.186.000,00 |
99.011.000,00 |
105.317.000,00 |
118.500.000,00 |
|
|
Short-term liabilities |
97.968.000,00 |
145.273.000,00 |
122.070.000,00 |
89.440.000,00 |
|
|
Bank loans and borrowings |
39.402.000,00 |
17.241.000,00 |
20.236.000,00 |
56.681.000,00 |
|
|
Short-term bank credits and loans |
19.004.000,00 |
8.438.000,00 |
14.022.000,00 |
36.908.000,00 |
|
|
Other liabilities |
124.000,00 |
141.000,00 |
225.000,00 |
11.841.000,00 |
|
|
Estimated payables |
|
|
|
4.191.000,00 |
|
|
BALANCE SHEET TOTAL |
423.780.000,00 |
453.860.000,00 |
400.740.000,00 |
330.946.000,00 |
|
|
|
||||
|
|
Turnover |
648.158.000,00 |
749.880.000,00 |
721.143.000,00 |
592.277.000,00 |
|
|
Change in internally produced inventory |
4.421.000,00 |
-3.342.000,00 |
54.000,00 |
6.053.000,00 |
|
|
Other operating revenues |
16.275.000,00 |
21.423.000,00 |
18.310.000,00 |
16.349.000,00 |
|
|
Total operating income |
668.854.000,00 |
767.961.000,00 |
739.507.000,00 |
614.679.000,00 |
|
|
Costs of sold goods |
22.736.000,00 |
21.388.000,00 |
15.764.000,00 |
|
|
|
Purchased consumables and services |
407.398.000,00 |
458.729.000,00 |
434.557.000,00 |
376.289.000,00 |
|
|
Staff costs |
121.352.000,00 |
131.926.000,00 |
132.182.000,00 |
123.940.000,00 |
|
|
Taxes and charges |
168.000,00 |
142.000,00 |
99.000,00 |
130.000,00 |
|
|
Depreciations of intangible and tangible assets |
24.547.000,00 |
17.642.000,00 |
17.143.000,00 |
27.510.000,00 |
|
|
Other operating expenses |
-11.384.000,00 |
-257.000,00 |
29.927.000,00 |
31.659.000,00 |
|
|
Total operating expenses |
564.817.000,00 |
629.570.000,00 |
629.672.000,00 |
559.528.000,00 |
|
|
OPERATING PROFIT / LOSS |
104.037.000,00 |
138.391.000,00 |
109.835.000,00 |
55.151.000,00 |
|
|
Financial income |
23.707.000,00 |
19.211.000,00 |
12.276.000,00 |
27.679.000,00 |
|
|
Financial expenses |
27.126.000,00 |
27.575.000,00 |
23.254.000,00 |
32.739.000,00 |
|
|
there of : Interest expenses |
6.431.000,00 |
6.077.000,00 |
8.403.000,00 |
11.616.000,00 |
|
|
Extraordinary expenses |
|
20.000,00 |
6.590.000,00 |
|
|
|
PROFIT/LOSS BEFORE TAX |
100.618.000,00 |
130.007.000,00 |
68.001.000,00 |
50.091.000,00 |
|
|
Corporation income tax |
24.831.000,00 |
32.769.000,00 |
24.266.000,00 |
19.086.000,00 |
|
|
PROFIT OR LOSS FOR THE CURRENT PERIOD |
75.787.000,00 |
97.238.000,00 |
68.001.000,00 |
31.005.000,00 |
Partial Financials
|
Amounts shown in Czech Koruna (CZK) |
2006 |
|
|
|
|
|
|
|
Share capital |
40.000.000,00 |
|
|
|
|
|
|
Turnover |
770.000.000,00
(expected) |
|
|
Total operating income |
770.000.000,00
(expected) |
The company is obliged by law to publish its financial statements.
The balance sheet data are from official sources.
The financial data 2006 were submitted directly by the
management of the researched company.
The official balance sheet for 2001 includes mistakes in data structure or
incorrect data.
Approximate
Exchange Rates:
2005: 29,784 CZK =
1 EUR
2004: 31,904 CZK = 1 EUR
2003: 31,844 CZK = 1 EUR
2002: 30,812 CZK = 1 EUR
2001: 34,083 CZK = 1 EUR
2005: 23,947 CZK = 1 USD
2004: 25,701 CZK = 1 USD
2003: 28,227 CZK = 1 USD
2002: 32,736 CZK = 1 USD
2001: 38,038 CZK = 1 USD
Bankers
COMMERZBANK Aktiengesellschaft, pobočka Praha
Brno
Deutsche Bank Aktiengesellschaft Filiale Prag, organizační složka
Brno
Komerční banka, a.s. - Account no. 20004-631/0100
Boskovice
Ratios
|
ADDITIONAL INFORMATION
Contact With
Company:
Name and surname:
Mr. Milan Purket
Function: economist
Data : 16.11.2006
Information given in report has been confirmed.
Information given in report comes from external sources.
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 |
|
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%)