MIRA
INFORM REPORT
|
Report Date : |
29.12.2008 |
IDENTIFICATION DETAILS
|
Name : |
DROGHERIA E ALIMENTARI
S.R.L. |
|
|
|
|
Registered Office : |
Viale Nilde Iotti, 23/25 59100
- San Piero a Sieve (FI) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2007 |
|
|
|
|
Date of Incorporation : |
01.01.1988 |
|
|
|
|
Com. Reg. No.: |
PO005-18854 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Production of Sauces and Spices |
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. |
Small |
|
Maximum Credit Limit : |
Eur 212.000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
name & address
|
Drogheria E Alimentari
S.r.l. |
|
Viale |
Nilde Iotti, |
23/25 |
|
59100 |
- San Piero a Sieve |
(FI) |
-IT- |
SUMMARY
|
Fiscal Code |
: |
04002830489 |
|
Legal Form |
: |
Limited liability company |
|
Start of Activities |
: |
27/02/2006 |
|
Patrimonial Consistence |
: |
2.000.000 Eur |
|
|
: |
25.000.000/35.000.000 Eur |
|
Number of Employees |
: |
from 71 to 90 |
CREDIT ANALYSIS
|
CREDIT OPINION |
: |
212.000 - Eur |
|
Score |
: |
Risk medium |
|
Creditworthness Rate |
: |
Modest |
|
|
|
The financial situation is not very balanced-Credit is possible but |
|
|
|
following the future developments. |
ACTIVITY
Production of sauces and spices.
LEGAL DATA
Legal Form :
Limited liability company
|
Fiscal Code : 04002830489 |
|
Foreign Trade Reg. no.
: FI074216 since 20/06/2006 |
|
Chamber of Commerce no.
: 408678 of |
|
Chamber of Commerce no.
: 561654 of |
|
Chamber of Commerce no.
: 97277 of |
|
Chamber of Commerce no.
: 1737206 of Milano |
|
Chamber of Commerce no.
: 408678 of |
|
Firms' Register : PO005-18854 since
19/02/1996 |
|
V.A.T. Code :
01620680973 |
|
Foundation Date |
: 01/01/1988 |
|
|
Establishment Date |
: 10/03/1988 |
|
|
Start of Activities |
: 27/02/2006 |
|
|
Legal Duration Date |
: 31/12/2020 |
|
|
Nominal Capital |
: 678.000 |
Eur |
|
Subscribed Capital |
: 678.000 |
Eur |
|
Paid up Capital |
: 678.000 |
Eur |
MEMBERS
|
Barbagli |
Andrea |
|
Born in |
(FI) |
on 15/04/1962 |
- Fiscal Code : BRBNDR62D15D612M |
|
Residence : |
Via |
Bolognese |
, 94/D |
- 50100 |
|
(FI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
20/12/2000 |
|
|
|
Board Chairman |
20/12/2000 |
|
|
No Protests registered.
|
Falcioni |
Mauro |
|
Born in Tolentino |
(MC) |
on 03/11/1958 |
- Fiscal Code : FLCMRA58S03L191F |
|
Residence : |
Via |
I Boschi |
, 7 |
- 50041 |
Calenzano |
(FI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
16/09/1997 |
|
|
No Protests registered.
|
Carapelli |
Elena |
|
Born in |
(FI) |
on 01/04/1969 |
- Fiscal Code : CRPLNE69D41D612P |
|
Residence : |
Via |
Di Montorsoli |
, 631 |
- 50030 |
Vaglia |
(FI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Assistant board Chairman |
24/06/2002 |
|
|
No Protests registered.
|
Barbagli |
Paolo |
|
Born in |
(FI) |
on 05/05/1961 |
- Fiscal Code : BRBPLA61E05D612U |
|
Residence : |
Via |
Virginio Nuovo |
, 35 |
- 50025 |
Montespertoli |
(FI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
20/12/2000 |
|
|
No Protests registered.
|
Carapelli |
Giacinto |
|
Born in |
(FI) |
on 27/09/1974 |
- Fiscal Code : CRPGNT74P27D612H |
|
Residence : |
Via |
Fontesecca |
, 2 |
- 50030 |
Vaglia |
(FI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
20/12/2000 |
|
|
No Protests registered.
|
Ferraris |
Fausta |
|
Born in |
(FI) |
on 26/01/1943 |
- Fiscal Code : FRRFST43A66D612C |
|
Residence : |
Via |
Bolognese |
, 2 |
- 50030 |
Vaglia |
(FI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
04/06/2002 |
|
|
No Protests registered.
|
Curotti |
Lea |
|
Born in Roma |
(RM) |
on 29/07/1934 |
- Fiscal Code : CRTLEA34L69H501O |
|
Residence : |
Via |
|
, 67 |
- 50100 |
|
(FI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
04/06/2002 |
|
|
No Protests registered.
COMPANIES CONNECTED TO MEMBERS *
*checkings have been performed on a national scale.
*In this module are listed the companies in which members hold or held
positions.
|
BARBAGLI |
ANDREA |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
CLEIDE'S S.R.L. |
|
04157260375 |
Director |
Active |
Registered |
|
COMITER S.R.L. |
Viterbo (VT) - IT - |
01329880569 |
Director |
Dismiss |
Ceased |
|
COMITER S.R.L. |
Viterbo (VT) - IT - |
01329880569 |
Sole Director |
Dismiss |
Ceased |
|
DELPHINE S.A.S. DI SIMONA NEGRO E C. |
Milano (MI) - IT - |
12802770151 |
Limited Partner |
Dismiss |
Ceased |
|
DROGHERIA E ALIMENTARI SRL |
|
04002830489 |
Director |
Dismiss |
Registered |
|
DROGHERIA E ALIMENTARI SRL |
|
04002830489 |
Managing Director |
Dismiss |
Registered |
|
DROGHERIA E ALIMENTARI SRL |
|
04002830489 |
Board Chairman |
Dismiss |
Registered |
|
FATTORIA LA CAPITANA S.A.S. DI PAOLO BARBAGLI |
Magliano in Toscana (GR) - IT - |
00960560530 |
Limited Partner |
Active |
Registered |
|
FIGURELLA EMPOLI S.R.L. |
Empoli (FI) - IT - |
04288640487 |
Liquidator |
Dismiss |
Ceased |
|
FIGURELLA FIRENZE S.R.L. |
Mariano Comense (CO) - IT - |
01658100134 |
Sole Director |
Dismiss |
Ceased |
|
FIGURELLA FLORENCE - SOCIETA' A RESPONSABILITA'
LIMITATA |
|
04030660486 |
Sole Director |
Active |
Registered |
|
FIGURELLA INTERNATIONAL DI BARBAGLI ANDREA E C. S.A.S. |
|
01523490124 |
General Partner |
Dismiss |
Ceased |
|
FIGURELLA INTERNATIONAL DI BARBAGLI ANDREA E C. S.A.S. |
|
01523490124 |
Liquidator |
Dismiss |
Ceased |
|
FITRUST S.R.L. |
Milano (MI) - IT - |
08846320151 |
Liquidator |
Dismiss |
Ceased |
|
FLORENPEPE S.R.L. |
San Piero a Sieve (FI) - IT - |
00420720484 |
Sole Director |
Active |
Registered |
|
SATURNIA SRL IN LIQUIDAZIONE |
Roma (RM) - IT - |
06113591009 |
Director |
Dismiss |
Registered |
|
URANIA - S.R.L. |
- - |
05811061000 |
Director |
Dismiss |
Registered |
|
FALCIONI |
MAURO |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
DROGHERIA E ALIMENTARI SRL |
|
04002830489 |
Attorney with special power |
Dismiss |
Registered |
|
CARAPELLI |
ELENA |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
ADRIATIC OIL PLAINTS TECHNOLOGIES S.R.L. |
Cellino Attanasio (TE) - IT - |
00742150675 |
Director |
Dismiss |
Bankrupt |
|
DROGHERIA E ALIMENTARI SRL |
|
04002830489 |
Managing Director |
Dismiss |
Registered |
The indication "REGISTERED" as Firm Status could refere to
Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we advise to request further
investigations.
CAPITAL SHAREHOLDERS
|
Style / Name |
Seat / Address |
Fiscal Code |
Owned Shares |
% of Ownership |
|
Malevolti Sandro |
|
MLVSDR49T03D612O |
272 .Eur |
0,04 |
|
Barbagli Andrea |
|
BRBNDR62D15D612M |
113.565 .Eur |
16,75 |
|
Barbagli Paolo |
Montespertoli - IT - |
BRBPLA61E05D612U |
111.870 .Eur |
16,50 |
|
Ferraris Fausta |
Vaglia - IT - |
FRRFST43A66D612C |
338.864 .Eur |
49,97 |
|
Curotti Lea |
|
CRTLEA34L69H501O |
113.429 .Eur |
16,72 |
DIRECT PARTICIPATIONS
|
Company Style |
Legal Seat |
Fiscal Code |
Owned Shares |
% of Ownership |
Share Status |
|
MISTER LOUIS SPEZIE E ERBE AROMATICHE - SOCIETA'
A RESPONSABILI- TA' LIMITATA |
|
00794230672 |
7.230 .Eur |
70,00 |
Ceased |
STRUCTURE AND COMPANY ACTIVITY
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
in : |
|
|
|
|
|
Viale |
Nilde Iotti |
, 23/25 |
- 59100 - |
San Piero a Sieve |
(FI) |
- IT - |
|
|
|
|
PHONE |
: 055/843251 |
|
|
|
|
FAX |
: 055/8432599 |
|
- |
Branch |
(office ) |
since 01/06/1999 |
in : |
|
|
|
|
|
Frazione |
Montiano |
- 58051 - |
Magliano in Toscana |
(GR) |
- IT - |
|
|
|
|
Employees |
: 85 |
|
|
|
|
Fittings and Equipment |
for a value of
2.420.000 |
Eur |
|
|
|
|
Stocks |
for a value of
6.910.000 |
Eur |
The firm operates abroad as importer / exporter. .
To purchase foreign products the firm uses the following channels :
|
- national or foreign important buyers |
Export represents up to 20% of the global turnover.
Products abroad are placed by :
|
- national or foreign important buyers |
Import comes generally from the following nations:
|
- Belgio |
|
- |
Export is mainly towards:
|
- |
HISTORICAL INFORMATION AND/OR
FIRM'S STATUS
|
Ex-Members /
Ex-Positions |
|
Villi |
Franco |
|
Born in |
on 08/11/1947 |
- Fiscal Code : VLLFNC47S08D612T |
|
Residence : |
Via |
Xx Settembre |
, 96 |
- 50100 |
|
(FI) |
- IT - |
|
Position |
|
Supervisory Board Chairman |
|
Fagnoni |
Giovanni |
|
Born in |
on 21/12/1938 |
- Fiscal Code : FGNGNN38T21D612D |
|
Residence : |
Via |
Della Romola |
, 18 |
- 50018 |
Scandicci |
(FI) |
- IT - |
|
Position |
|
Chairman |
|
Barbagli |
Andrea |
|
Born in |
on 15/04/1962 |
- Fiscal Code : BRBNDR62D15D612M |
|
Residence : |
Via |
Bolognese |
, 94/D |
- 50100 |
|
(FI) |
- IT - |
|
Position |
|
Chairman |
|
Director |
|
Di Vincenzo |
Sandro |
|
Born in |
on 31/08/1967 |
- Fiscal Code : DVNSDR67M31D612B |
|
Residence : |
Via |
DEI MILLE |
, 60 |
- 50100 |
|
(FI) |
- IT - |
|
Position |
|
Temporary Auditor |
|
Poccianti |
Piero |
|
Born in Sesto Fiorentino |
on 16/09/1959 |
- Fiscal Code : PCCPRI59P16I684S |
|
Residence : |
Via |
L.s. Cherubini |
, 13 |
- 50100 |
|
(FI) |
- IT - |
|
Position |
|
Permanent Auditor |
|
Troise |
Alberto |
|
Born in |
on 16/09/1966 |
- Fiscal Code : TRSLRT66P16H703W |
|
Residence : |
Via |
LUIGI GORI |
, 5 |
- 50100 |
|
(FI) |
- IT - |
|
Position |
|
Temporary Auditor |
|
Carapelli |
Elena |
|
Born in |
on 01/04/1969 |
- Fiscal Code : CRPLNE69D41D612P |
|
Residence : |
Via |
Di Montorsoli |
, 631 |
- 50030 |
Vaglia |
(FI) |
- IT - |
|
Position |
|
Vice-Chairman |
|
Former seats |
|
- |
Branch |
(Factory ) |
since 27/02/2006 |
|
|
|
|
|
Via |
NILDE IOTTI |
- 50037 |
- SAN PIERO A SIEVE |
(FI) |
- IT - |
|
- |
Branch |
|
since 26/04/1995 |
until 01/06/1999 |
|
|
|
|
|
- 58051 |
- MAGLIANO IN TOSCANA |
(GR) |
- IT - |
|
- |
Branch |
|
since 15/09/1997 |
until 31/05/1999 |
|
|
|
|
|
Via |
FONDA DI MEZZANA |
- 59100 |
- |
( |
- IT - |
|
- |
Branch |
|
since 09/04/1999 |
|
|
|
|
|
Via |
FONDA DI MEZZANA |
- 59100 |
- |
( |
- IT - |
|
- |
Branch |
|
since 01/06/1999 |
|
|
|
|
|
- 58051 |
- MAGLIANO IN TOSCANA |
(GR) |
- IT - |
|
- |
Branch |
|
since 08/08/2001 |
|
|
|
|
|
Via |
DELLE FONTI |
- 59100 |
- |
( |
- IT - |
|
- |
Branch |
(Store ) |
since 10/01/2003 |
|
|
|
|
|
Via |
DELLE FONTI |
- 59100 |
- |
( |
- IT - |
|
- |
Branch |
|
since 01/01/2003 |
|
|
|
|
|
Via |
MONTEGRAPPA |
- 35010 |
- SANTA GIUSTINA IN COLLE |
(PD) |
- IT - |
|
- |
Branch |
|
since 01/01/2004 |
|
|
|
|
|
Via |
CARNIA |
- 20020 |
- LAINATE |
(MI) |
- IT - |
|
- |
Branch |
(Store ) |
since 01/04/2004 |
|
|
|
|
|
Via |
FONDA DI MEZZANA |
- 59100 |
- |
( |
- IT - |
|
- |
Branch |
(Store ) |
since 01/07/2004 |
|
|
|
|
|
Via |
FONDA DI MEZZANA |
- 59100 |
- |
( |
- IT - |
|
- |
Branch |
(Store ) |
since 17/06/2005 |
|
|
|
|
|
Via |
FONDA DI MEZZANA |
- 59100 |
- |
( |
- IT - |
|
- |
Branch |
(Factory ) |
since 27/02/2006 |
|
|
|
|
|
Via |
NILDE IOTTI |
- 50037 |
- SAN PIERO A SIEVE |
(FI) |
- IT - |
|
Splitting-up and setting-up of a new company |
|
DROGHERIA E ALIMENTARI E.R.
S.R.L. |
|
, 50037 |
, San Piero a Sieve |
(FI) |
- IT - |
|
Date |
Splitting-up : |
20/10/2006 |
|
The firm absorved |
|
CESAREA S.R.L. |
|
, |
- IT - |
|
Date |
: |
20/12/1995 |
PAYMENTS ANALYSIS
The average term of debts to suplliers is normal compared with that of
the sector.
PAYMENTS SCORE : - No insolvency
PROTESTS
Protests checking on the subject firm has given a negative result.
LEGAL PROCEDURES
None reported, standing to the last received edition of the Official
Publications.
BANKERS
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
BANCA SAN GEMINIANO E SAN PROSPERO |
|
|
|
|
|
|
IMMOVABLES *
*No specific (mortgage/cadastrial registrations) inspections have been
requested.
|
Immovable Type |
Value |
|
Real estates |
11.392.630 .Eur |
NB.: For Capital Companies the value of the Immovables is the one
reported in the last available financial documents.
FINANCIAL AND ECONOMICAL ANALYSIS
The company has been active for some years.
Under an economic point of view, profits were registered during the last
years with a r.o.e. of 3,28% in 2007
which tends downward.
even if it still falls within the sector's average.
It shows a not very good liquidity level.
FINANCIAL DATA
|
Complete balance-sheet for the year as at |
31/12/2007 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
25.793.011 |
filed balance sheet |
|
Profit (Loss) for the period |
58.846 |
filed balance sheet |
|
Complete balance-sheet for the year as at |
31/12/2006 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
23.821.208 |
filed balance sheet |
|
Profit (Loss) for the period |
100.275 |
filed balance sheet |
|
Complete balance-sheet for the year as at |
31/12/2005 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
22.020.266 |
filed balance sheet |
|
Profit (Loss) for the period |
34.069 |
filed balance sheet |
BALANCE SHEETS
From our constant monitoring of the Public Administration, actually, no
more recent balance sheets result to be filed.
|
Balance Sheet as
at 31/12/2007 - Months 12 - Currency Eur - Amounts x 1 |
|
Balance Sheet as
at 31/12/2006 - Months 12 - Currency Eur - Amounts x 1 |
|
Years |
|
|
2007 |
2006 |
|
|
BALANCE SHEET
ACCOUNTS |
|
|
|
|
. |
|
|
|
|
|
ASSETS |
|
|
|
|
|
CREDITS TO SHAREHOLDERS |
|
|
|
|
|
FIXED ASSETS ( NET ) |
|
|
16.725.833 |
15.924.646 |
|
. Intangible assets |
|
|
2.652.951 |
2.274.263 |
|
. Tangible fixed assets |
|
|
14.060.606 |
13.637.487 |
|
. . Land and buildings |
|
|
11.392.630 |
11.089.004 |
|
. . Plants, Equipm.and Machinery |
|
|
2.415.887 |
2.311.765 |
|
. Long-term Investments |
|
|
12.276 |
12.896 |
|
. . Financial loans |
|
|
12.276 |
12.896 |
|
. . Own shares |
|
|
|
|
|
CURRENT ASSETS |
|
|
16.545.336 |
15.618.528 |
|
. Stock |
|
|
6.913.071 |
5.418.634 |
|
. Credits |
|
|
8.850.366 |
9.652.190 |
|
. . Credits to clients |
|
|
7.807.622 |
8.051.592 |
|
. . Other credits |
|
|
1.042.744 |
1.600.598 |
|
. Short-term financial assets |
|
|
|
|
|
. Liquid assets |
|
|
781.899 |
547.704 |
|
ACCRUED INCOME-DEFERR. ASSETS |
|
|
116.613 |
178.543 |
|
TOTAL ASSETS |
|
|
33.387.782 |
31.721.717 |
|
. |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|
NET WORTH |
|
|
1.793.692 |
1.684.430 |
|
. Company's capital |
|
|
678.000 |
678.000 |
|
. Reserves |
|
|
1.056.846 |
906.155 |
|
. Reserves company's own shares |
|
|
|
|
|
. Retained profits (losses) |
|
|
|
|
|
. Profit (loss) |
|
|
58.846 |
100.275 |
|
PROVISION FOR RISKS AND LOSSES |
|
|
163.495 |
428.246 |
|
SEVERANCE INDEMNITY FUND |
|
|
377.623 |
311.722 |
|
DEBTS |
|
|
30.897.880 |
29.184.003 |
|
. Financial M/L terms |
|
|
13.142.937 |
8.421.459 |
|
. . Financial M/L term banks |
|
|
13.142.937 |
8.421.459 |
|
. . Financial M/L bonds |
|
|
|
|
|
. . Other financial M/L debts |
|
|
|
|
|
. Financial short-term debts |
|
|
9.419.418 |
11.784.890 |
|
. . Financial short-term banks |
|
|
9.419.418 |
11.784.890 |
|
. . Financial short-term bonds |
|
|
|
|
|
. . Other financial short-term debts |
|
|
|
|
|
. M/L term debts to suppliers |
|
|
|
|
|
. Short-term debts to suppliers |
|
|
7.281.318 |
8.027.356 |
|
. Sundry M/L debts |
|
|
65.430 |
|
|
. Sundry short-term debts |
|
|
988.777 |
950.298 |
|
ACCRUED EXPENSE |
|
|
155.092 |
113.316 |
|
TOTAL LIABILITIES |
|
|
33.387.782 |
31.721.717 |
|
. |
|
|
|
|
|
|
PROFIT AND LOSS
ACCOUNTS |
|
|
|
|
OUTPUT VALUE |
|
|
27.476.102 |
24.610.380 |
|
. Revenues from sales/services |
|
|
25.793.011 |
23.821.208 |
|
. Change of stock (products) |
|
|
1.014.187 |
259.430 |
|
OPERATING EXPENSES |
|
|
26.327.208 |
23.337.789 |
|
. Purchasing expenses |
|
|
12.715.694 |
10.481.995 |
|
. Change of stock (raw material) |
|
|
-480.250 |
-151.311 |
|
. Expenses from services |
|
|
8.076.883 |
7.790.393 |
|
. Expenses from leasing |
|
|
656.024 |
592.502 |
|
. General expenses/sundry charges |
|
|
289.664 |
534.247 |
|
. Staff expenses |
|
|
2.741.682 |
2.044.916 |
|
. Depreciation/Devaluation costs |
|
|
2.327.511 |
2.045.047 |
|
FINANCIAL REVENUES (CHARGES) |
|
|
-1.418.304 |
-922.508 |
|
. Financial charges |
|
|
-1.453.560 |
-922.508 |
|
. Financial revenues |
|
|
35.256 |
|
|
FINANCIAL ASSETS CORRECTION |
|
|
|
|
|
EXTRAORDINARY FINANCIAL REVENUES (CHARGES) |
|
|
401.611 |
131.654 |
|
PROFIT (LOSS) FOR THE PERIOD |
|
|
132.201 |
481.737 |
|
TAX |
|
|
73.355 |
381.462 |
|
CORRECT./ALLOCAT. FISCAL RULE |
|
|
|
|
|
NET PROFIT (LOSS) |
|
|
58.846 |
100.275 |
|
RATIOS |
Item |
O.V. |
O.V. |
as at 31/12/2007 |
as at 31/12/2006 |
Sector Average |
|
Fixed assets ratio |
Units |
=> 1 |
l |
0,91 |
0,65 |
1,35 |
|
Net Short-term indebtedness |
Units |
- 1 |
l |
9,42 |
12,00 |
1,98 |
|
Current ratio |
Units |
=> 1 |
l |
0,93 |
0,75 |
1,19 |
|
Acid Test Ratio-Liquidity Ratio |
Units' |
=> 1 |
l |
0,54 |
0,49 |
0,93 |
|
Return on Sales |
% |
|
l |
9,25 |
9,00 |
6,50 |
|
Average stock waiting period |
dd |
|
l |
96,48 |
81,86 |
41,90 |
|
Credits to clients average term |
dd |
|
l |
108,97 |
121,68 |
122,54 |
|
Debts to suppliers average term |
dd |
|
l |
122,18 |
153,18 |
133,93 |
|
Net financial
revenues/ charges incidence |
% |
|
l |
- 5,49 |
- 3,87 |
- 0,91 |
|
Labour cost incidence |
% |
|
l |
10,62 |
8,58 |
13,25 |
O.V. = Optimal Value. When not present refer to the sector's.
A coloured item indicates the opinion of the rate during the last
financial year
(green=good; orange=not optimal; red=insufficient;
CREDIT OPINION
On the basis of the above mentioned, and the sales volume obtained, we
deem that the maximum exposure for short and medium term transactions ( 90 -
120 days ) could be of:
212.000 .Eur.
MARKET / TERRITORY DATA
|
Population living in the province |
: |
965.388 |
|
Population living in the region |
: |
3.598.269 |
|
Number of families in the region |
: |
1.474.681 |
Monthly family expences average in the region (in Eur.) :
|
- per food products |
: |
444 |
|
- per non food products |
: |
2.009 |
|
- per energy consume |
: |
122 |
SECTOR DATA
The values are calculated on a base of 373 significant companies.
The companies cash their credits on an average of 122 dd.
The average duration of suppliers debts is about 133 dd.
The sector's profitability is on an average of 6,50%.
The labour cost affects the turnover in the measure of 13,25%.
Goods are held in stock in a range of 41 dd.
The difference between the sales volume and the resources used to
realize it is about 1,05.
The employees costs represent the 13,39% of the production costs.
STATISTICAL DETRIMENTAL DATA
Statistcally the trade activity shows periods of crisis.
The area is statistically considered moderately risky.
In the region 24.960 protested subjects are found; in the province they
count to 5.242.
The insolvency index for the region is 0,70, while for the province it
is 0,55.
Total Bankrupt companies in the province : 6.520.
Total Bankrupt companies in the region : 20.423.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.76 |
|
|
1 |
Rs.71.68 |
|
Euro |
1 |
Rs.69.17 |
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%)