MIRA INFORM REPORT

 

 

Report Date :

23.02.2008

 

IDENTIFICATION DETAILS

 

Name :

INTERAL SARL

 

 

Registered Office :

6 Rue De La Vanoise 69960 Corbas 

 

 

Country :

France

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

01.01.1988

 

 

Com. Reg. No.:

88B00606, LYON

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Retail Sale in Non-Specialized Stores with Food, Beverages or Tobacco Predominating

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

EUR 20000

 

 

Status :

Small Company

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

name & address

 

INTERAL SARL

 6 RUE DE LA VANOISE

 69960 CORBAS FR

Tel. Number +33-4-78202236

Fax number +33-4-78215682

 

 

Business founded

01 January 1988

Business registered

01 March 1988 - Private limited company (no information regarding quotation)

Registration number,

88B00606, LYON,

party identification,

344031265,

Legal form

Private limited company (no information regarding quotation)

Activities

Retail sale in non-specialized stores with food, beverages or tobacco predominating

Payment experience

Payment regular

Credit opinion

Credit opinion

 

Maximum credit limit 20000 EUR is advised

 

The export volume in percentage of total sales for the company.  1,26

 

Financial structure (balance sheet analysis) : Good 

 

Cash situation (balance sheet analysis) : Limited 

 

Profitability (balance sheet analysis) : Feeble 

 

Commitments (regarding contractual obligations) : Fulfilled („respectés“) 

 

Payment defaults : None 

Employees (Business)

 3

Total number of shareholders

 2

Total share capital31 December 2006

EUR 184000

Bank

LB 69 CORBAS, BNP PART DIEU 69 LYON   

Management

DERGAZAROGLU KAMER   Shareholder and managing director

Parent company :

MR DERGAZAROGLU KAMER   50,00 %   

 

MME DERGAZAROGLU CLAUDINE   50,00 %   

 

 

 

 

 

 

The business owns or partly owns one or more pieces of land and buildings?  Yes(Property) 

 

Turnover for the period: 00 0000 - 31 December 2006  in  EUR 2.776.564,00

 Not consolidated profit and loss turnover of the business: 

 

Corporate balance sheet for the year: 00 0000 - 31 December 2006  in  EUR 

Total assets incl. prepaid expenses and accrued income

1.015.124,-

Total fixed assets

162.753,-

Total intangible fixed assets

852,-

Concessions and industrial rights, goodwill

852,-

Total tangible fixed assets

151.401,-

Land and buildings

106.693,-

Plant, machinery and equipment

3.535,-

Total financial fixed assets

10.500,-

Total Current assets

852.371,-

Inventories and work in progress (incl. prepayments)

686.395,-

Accounts receivable (trade)

108.721,-

Cash in hand and at bank

140,-

Total accrued income and prepaid expenses

14.521,-

Total equity, provisions, liabilities, accrued expenses and deferred income

1.015.124,-

Total equity (Shareholders' funds)

459.079,-

Issued (subscribed) capital

184.000,-

Legal reserves

16.748,-

Profit or loss carried forward

44.066,-

Profit or loss for the previous year

46.967,-

Profit or loss for the financial year

36.775,-

Total provisions

16.200,-

Total liabilities

539.845,-

Total long-term liabilities

41.650,-

Long-term Loans, Mortgage debts

2.564,-

Long-term liabilities to credit institutions

39.086,-

Total current liabilities

498.195,-

Current accounts payable (trade)

292.662,-

Income and social tax liabilities

25.582,-

Borrowing ratio

114,92 %

Current ratio

171,09 %

Debt gearing

8,87 %

Profit margin.

2,13 %

Quick ratio

33,32 %

Return on assets

5,82 %

Return on equity.

7,83 %

Solidity or equity ratio

46,28 %

 

Corporate profit and loss account for the year: 00 0000 - 31 December 2006  in  EUR 

Total operating income/revenue

2.793.272,-

Main revenue (sales/turnover)

2.776.564,-

Total operating expenses

2.734.223,-

Cost of materials (type of expenditure format)

2.460.055,-

Personnel costs

108.215,-

Depreciation

26.171,-

Operating profit or loss

59.049,-

Financial income

1.706,-

Financial expenses

15.818,-

Result of ordinary operations

44.937,-

Extraordinary income

10.374,-

Extraordinary expenses

10.444,-

Extraordinary result

-71,-

Pre-tax and pre-appropriation profit or loss

44.937,-

Taxes

8.092,-

Net profit or loss

36.775,-

 

Turnover for the period: 00 0000 - 31 December 2005  in  EUR 2.584.161,00

 Not consolidated profit and loss turnover of the business: 

 

Corporate balance sheet for the year: 00 0000 - 31 December 2005  in  EUR 

Total assets incl. prepaid expenses and accrued income

925.378,-

Total fixed assets

157.037,-

Total tangible fixed assets

142.391,-

Plant, machinery and equipment

1.435,-

Total financial fixed assets

14.645,-

Total Current assets

768.341,-

Inventories and work in progress (incl. prepayments)

591.352,-

Accounts receivable (trade)

76.389,-

Cash in hand and at bank

161,-

Total accrued income and prepaid expenses

410,-

Total equity, provisions, liabilities, accrued expenses and deferred income

925.378,-

Total equity (Shareholders' funds)

446.304,-

Issued (subscribed) capital

184.000,-

Legal reserves

14.400,-

Profit or loss carried forward

23.448,-

Profit or loss for the previous year

83.622,-

Profit or loss for the financial year

46.967,-

Total provisions

26.574,-

Total liabilities

452.500,-

Total long-term liabilities

64.782,-

Long-term Loans, Mortgage debts

5.946,-

Long-term liabilities to credit institutions

58.836,-

Total current liabilities

387.718,-

Current accounts payable (trade)

197.533,-

Income and social tax liabilities

27.338,-

Borrowing ratio

97,55 %

Current ratio

198,17 %

Debt gearing

13,97 %

Profit margin.

3,18 %

Quick ratio

45,65 %

Return on assets

8,89 %

Return on equity.

10,13 %

Solidity or equity ratio

50,12 %

 

Corporate profit and loss account for the year: 00 0000 - 31 December 2005  in  EUR 

Total operating income/revenue

2.623.720,-

Main revenue (sales/turnover)

2.584.161,-

Total operating expenses

2.541.463,-

Cost of materials (type of expenditure format)

2.174.563,-

Personnel costs

101.290,-

Depreciation

5.460,-

Operating profit or loss

82.257,-

Financial income

1.184,-

Financial expenses

7.610,-

Result of ordinary operations

75.831,-

Extraordinary income

500,-

Extraordinary expenses

10.878,-

Extraordinary result

-10.378,-

Pre-tax and pre-appropriation profit or loss

75.831,-

Taxes

18.486,-

Net profit or loss

46.967,-

 

Turnover for the period: 00 0000 - 31 December 2004  in  EUR 2.620.483,00

 Not consolidated profit and loss turnover of the business: 

 

Corporate balance sheet for the year: 00 0000 - 31 December 2004  in  EUR 

Total assets incl. prepaid expenses and accrued income

689.840,-

Total fixed assets

26.088,-

Total tangible fixed assets

11.442,-

Plant, machinery and equipment

2.021,-

Total financial fixed assets

14.645,-

Total Current assets

663.752,-

Inventories and work in progress (incl. prepayments)

527.284,-

Accounts receivable (trade)

132.500,-

Cash in hand and at bank

921,-

Total accrued income and prepaid expenses

517,-

Total equity, provisions, liabilities, accrued expenses and deferred income

689.840,-

Total equity (Shareholders' funds)

415.337,-

Issued (subscribed) capital

144.000,-

Legal reserves

14.400,-

Profit or loss carried forward

23.448,-

Profit or loss for the financial year

83.622,-

Total provisions

14.600,-

Total liabilities

259.903,-

Total long-term liabilities

30.914,-

Long-term Loans, Mortgage debts

30.914,-

Total current liabilities

228.989,-

Current accounts payable (trade)

214.128,-

Income and social tax liabilities

14.546,-

Borrowing ratio

61,16 %

Current ratio

289,86 %

Debt gearing

7,27 %

Profit margin.

4,65 %

Quick ratio

59,60 %

Return on assets

17,66 %

Return on equity.

19,68 %

Solidity or equity ratio

61,60 %

 

Corporate profit and loss account for the year: 00 0000 - 31 December 2004  in  EUR 

Total operating income/revenue

2.642.826,-

Main revenue (sales/turnover)

2.620.483,-

Total operating expenses

2.520.977,-

Cost of materials (type of expenditure format)

2.271.627,-

Personnel costs

58.917,-

Depreciation

6.886,-

Operating profit or loss

121.848,-

Financial expenses

4.951,-

Result of ordinary operations

116.897,-

Extraordinary income

252,-

Extraordinary expenses

86,-

Extraordinary result

166,-

Pre-tax and pre-appropriation profit or loss

116.898,-

Taxes

33.442,-

Net profit or loss

83.622,-

 

 

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions