MIRA
INFORM REPORT
|
Report Date : |
07.10.2008 |
IDENTIFICATION
DETAILS
|
Name : |
O.R.V. MANUFACTURING S.P.A. |
|
|
|
|
Registered Office : |
Via Postumia, 1 35010 - Carmignano di Brenta (PD) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2007 |
|
|
|
|
Date of Incorporation : |
27.02.2003 |
|
|
|
|
Legal Form : |
Joint Stock Company with Sole Shareholder |
|
|
|
|
Line of Business : |
Production of Unweaved Cloths, Wall Cloths and Long-Haired Cloths. Production of Various Textile Articles. |
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 168.000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
name & address
|
O.r.v. Manufacturing S.p.a. |
|
Via |
Postumia, |
1 |
|
35010 |
- Carmignano di Brenta |
(PD) |
-IT- |
SUMMARY
|
Fiscal Code |
: |
00977330257 |
|
Legal Form |
: |
Joint Stock company with sole shareholder |
|
Start of Activities |
: |
31/10/2003 |
|
Patrimonial Consistence |
: |
Over 2.500.000 Eur |
|
Turnover Range |
: |
100.000.000/150.000.000 Eur |
|
Number of Employees |
: |
from 251 to 500 |
CREDIT ANALYSIS
|
CREDIT OPINION |
: |
168.000 - Eur |
|
Score |
: |
Risk high |
|
Creditworthness Rate |
: |
Scanty |
|
|
|
Modest financial and economic aspect - Limited credit is suggested. |
ACTIVITY
Production of unweaved cloths, wall cloths and long-haired cloths.
Production of various textile articles.
LEGAL DATA
Legal Form :
Joint Stock company with sole shareholder
|
Fiscal Code : 00977330257 |
|
Foreign Trade Reg. no.
: PD051506 since 09/12/2003 |
|
Chamber of Commerce no.
: 342824 of Padova since 29/10/2003 |
|
V.A.T. Code : 00977330257 |
|
Establishment Date |
: 27/02/2003 |
|
|
Start of Activities |
: 31/10/2003 |
|
|
Legal Duration Date |
: 31/12/2040 |
|
|
Nominal Capital |
: 10.500.000 |
Eur |
|
Subscribed Capital |
: 10.500.000 |
Eur |
|
Paid up Capital |
: 10.500.000 |
Eur |
MEMBERS
|
Peruzzo |
Maurizio |
|
Born in Carmignano di Brenta |
(PD) |
on 23/09/1926 |
- Fiscal Code : PRZMRZ26P23B795V |
|
Residence : |
Viale |
Venezia |
, 59 |
- 36061 |
Bassano del Grappa |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
28/04/2006 |
|
|
|
Board Chairman |
28/04/2006 |
|
|
No Protests registered.
|
Zanella |
Gabriele |
|
Born in Montebelluna |
(TV) |
on 03/07/1962 |
- Fiscal Code : ZNLGRL62L03F443O |
|
Residence : |
Via |
Badia |
, 94/B |
- 36043 |
Camisano Vicentino |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
20/04/2006 |
|
|
No Protests registered.
|
Peruzzo |
Lorenzo |
|
Born in Grantorto |
(PD) |
on 25/10/1955 |
- Fiscal Code : PRZLNZ55R25E145F |
|
Residence : |
Via |
Sant'agostino |
, 9 |
- 36061 |
Bassano del Grappa |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
28/04/2006 |
|
|
|
Assistant board Chairman |
28/04/2006 |
|
|
|
Managing Director |
28/04/2006 |
|
|
No Protests registered.
|
Segna |
Giovanni |
|
Born in Bassano del Grappa |
(VI) |
on 02/06/1968 |
- Fiscal Code : SGNGNN68H02A703Q |
|
Residence : |
Via |
Ca' Dai Pase |
, 21/5 |
- 35013 |
Cittadella |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
13/12/2007 |
|
|
No Protests registered.
|
Mazzucconi |
Domenico |
|
Born in Milano |
(MI) |
on 29/12/1972 |
- Fiscal Code : MZZDNC72T29F205O |
|
Residence : |
Via |
Regina Elena |
, 33 |
- 35010 |
Grantorto |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
13/12/2007 |
|
|
No Protests registered.
|
Parisi |
Donato |
|
Born in Poggiomarino |
(NA) |
on 02/09/1954 |
- Fiscal Code : PRSDNT54P02G762D |
|
Residence : |
Via |
Vanni Rossi |
, 5 |
- 22070 |
Rovello Porro |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
13/12/2007 |
|
|
No Protests registered.
|
Peruzzo |
Ornella |
|
Born in Fontaniva |
(PD) |
on 10/10/1959 |
- Fiscal Code : PRZRLL59R50D679B |
|
Residence : |
Viale |
Venezia |
, 59 |
- 36061 |
Bassano del Grappa |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
28/04/2006 |
|
|
No Protests registered.
|
Iannone |
Alfonso |
|
Born in Napoli |
(NA) |
on 23/08/1958 |
- Fiscal Code : NNNLNS58M23F839Q |
|
Residence : |
Via |
Breccelle |
, 12 |
- 83024 |
Monteforte Irpino |
(AV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
13/12/2007 |
|
|
No Protests registered.
|
Toniato |
Gastone |
|
Born in Cittadella |
(PD) |
on 21/02/1959 |
- Fiscal Code : TNTGTN59B21C743Y |
|
Residence : |
Via |
Tre Case |
, 53 |
- 35013 |
Cittadella |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
20/04/2006 |
|
|
No Protests registered.
|
Carpanese |
Michele |
|
Born in Padova |
(PD) |
on 29/09/1960 |
- Fiscal Code : CRPMHL60P29G224Y |
|
Residence : |
Via |
Solferino |
, 66 |
- 35010 |
Grantorto |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
20/04/2006 |
|
|
No Protests registered.
|
Semenzato |
Ennio |
|
Born in Venezia |
(VE) |
on 13/09/1959 |
- Fiscal Code : SMNNNE59P13L736E |
|
Residence : |
Via |
Villastorta |
, 2 |
- 30026 |
Portogruaro |
(VE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
20/04/2006 |
|
|
No Protests registered.
|
Crivellaro |
Luigi |
|
Born in Veggiano |
(PD) |
on 03/09/1942 |
- Fiscal Code : CRVLGU42P03L710Z |
|
Residence : |
Via |
Campagnola |
, 52 |
- 31050 |
Villorba |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
13/12/2007 |
|
|
No Protests registered.
|
Zurlo |
Alberto |
|
Born in Cittadella |
(PD) |
on 01/05/1972 |
- Fiscal Code : ZRLLRT72E01C743K |
|
Residence : |
Via |
Ca' Baroncello |
, 60 |
- 36022 |
Cassola |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
13/12/2007 |
|
|
No Protests registered.
|
Deloitte E Touche S.p.a. |
|
|
- Fiscal Code : 03049560166 |
|
Residence : |
Via |
Tortona |
, 25 |
- 20144 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Auditing company |
11/05/2007 |
|
|
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.
|
PERUZZO |
MAURIZIO |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
FINVAL S.P.A. |
Fontaniva (PD) - IT - |
01316670288 |
Director |
Dismiss |
Ceased |
|
FINVAL S.P.A. |
Fontaniva (PD) - IT - |
01316670288 |
Board Chairman |
Dismiss |
Ceased |
|
FONTALLEGRA S.R.L. |
Bassano del Grappa (VI) - IT - |
00901120246 |
Sole Director |
Active |
Registered |
|
IMMOBILIARE ANTONIANA S.R.L. |
Carmignano di Brenta (PD) - IT - |
03749820282 |
Partner |
Dismiss |
Registered |
|
IMMOBILIARE CASA MIA S.A.S. DI PILLITTU
MARIA E C. - IN LIQUI- DAZIONE |
Arsago Seprio (VA) - IT - |
00323410126 |
Limited Partner |
Dismiss |
Ceased |
|
IMMOBILIARE GENERALE VENETA S.R.L. |
Carmignano di Brenta (PD) - IT - |
02154930289 |
Managing Director |
Active |
Registered |
|
IMMOBILIARE GENERALE VENETA S.R.L. |
Carmignano di Brenta (PD) - IT - |
02154930289 |
Director |
Active |
Registered |
|
IMMOBILIARE GENERALE VENETA S.R.L. |
Carmignano di Brenta (PD) - IT - |
02154930289 |
Board Chairman |
Active |
Registered |
|
O.R.V. - OVATTIFICIO RESINATURA VALPADANA
- S.P.A. |
Grantorto (PD) - IT - |
00220690283 |
Managing Director |
Active |
Registered |
|
O.R.V. - OVATTIFICIO RESINATURA VALPADANA
- S.P.A. |
Grantorto (PD) - IT - |
00220690283 |
Director |
Active |
Registered |
|
O.R.V. - OVATTIFICIO RESINATURA VALPADANA
- S.P.A. |
Grantorto (PD) - IT - |
00220690283 |
Sole Director |
Dismiss |
Registered |
|
O.R.V. - OVATTIFICIO RESINATURA VALPADANA
- S.P.A. |
Grantorto (PD) - IT - |
00220690283 |
Board Chairman |
Active |
Registered |
|
PERUZZO MAURIZIO |
Fontaniva (PD) - IT - |
PRZMRZ26P23B795V |
Proprietor |
Dismiss |
Ceased |
|
ZANELLA |
GABRIELE |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
LINDA DI ZANELLA GABRIELE |
Cittadella (PD) - IT - |
ZNLGRL62L03F443O |
Proprietor |
Dismiss |
Ceased |
|
O.R.V. - OVATTIFICIO RESINATURA VALPADANA
- S.P.A. |
Grantorto (PD) - IT - |
00220690283 |
Director |
Active |
Registered |
|
O.R.V. - OVATTIFICIO RESINATURA VALPADANA
- S.P.A. |
Grantorto (PD) - IT - |
00220690283 |
Attorney with special power |
Active |
Registered |
|
OVATEX S.P.A. |
Carmignano di Brenta (PD) - IT - |
00220700280 |
Director |
Dismiss |
Ceased |
|
TESSILBRENTA S.R.L. |
Pove del Grappa (VI) - IT - |
01239350240 |
Director |
Active |
Registered |
|
VALPADANA SUD - S.P.A. |
BELLIZZI (SA) - IT - |
00247420656 |
Director |
Active |
Registered |
|
VALPLASTIC S.P.A. |
Carmignano di Brenta (PD) - IT - |
03637700281 |
Managing Director |
Active |
Registered |
|
VALPLASTIC S.P.A. |
Carmignano di Brenta (PD) - IT - |
03637700281 |
Director |
Active |
Registered |
|
PERUZZO |
LORENZO |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
C.S.P. CENTRO STUDI E PROTOTIPI S.R.L. |
Trofarello (TO) - IT - |
04990960017 |
Sole Director |
Dismiss |
Registered |
|
O.R.V. - OVATTIFICIO RESINATURA VALPADANA
- S.P.A. |
Grantorto (PD) - IT - |
00220690283 |
Director |
Active |
Registered |
|
OVATEX S.P.A. |
Carmignano di Brenta (PD) - IT - |
00220700280 |
Director |
Dismiss |
Ceased |
|
OVATEX S.P.A. |
Carmignano di Brenta (PD) - IT - |
00220700280 |
Board Chairman |
Dismiss |
Ceased |
|
PRECOMPRESSI VALSUGANA S.P.A. |
Grigno (TN) - IT - |
02098010289 |
Director |
Active |
Registered |
|
PRECOMPRESSI VALSUGANA S.P.A. |
Grigno (TN) - IT - |
02098010289 |
Board Chairman |
Active |
Registered |
|
SANITARIA VALPADANA S.P.A. |
Sarego (VI) - IT - |
00168350247 |
Director |
Dismiss |
Registered |
|
SANITARIA VALPADANA S.P.A. |
Sarego (VI) - IT - |
00168350247 |
Board Chairman |
Dismiss |
Registered |
|
TESSILBRENTA S.R.L. |
Pove del Grappa (VI) - IT - |
01239350240 |
Managing Director |
Active |
Registered |
|
TESSILBRENTA S.R.L. |
Pove del Grappa (VI) - IT - |
01239350240 |
Director |
Active |
Registered |
|
TESSILBRENTA S.R.L. |
Pove del Grappa (VI) - IT - |
01239350240 |
Board Chairman |
Active |
Registered |
|
VALPADANA SUD - S.P.A. |
BELLIZZI (SA) - IT - |
00247420656 |
Director |
Active |
Registered |
|
VALPADANA SUD - S.P.A. |
BELLIZZI (SA) - IT - |
00247420656 |
Board Chairman |
Active |
Registered |
|
VALPLASTIC S.P.A. |
Carmignano di Brenta (PD) - IT - |
03637700281 |
Director |
Active |
Registered |
|
VALPLASTIC S.P.A. |
Carmignano di Brenta (PD) - IT - |
03637700281 |
Board Chairman |
Active |
Registered |
|
SEGNA |
GIOVANNI |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
OVATEX S.P.A. |
Carmignano di Brenta (PD) - IT - |
00220700280 |
Responsible technician |
Dismiss |
Ceased |
|
MAZZUCCONI |
DOMENICO |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
SIBERIN S.R.L. |
Caronno Pertusella (VA) - IT - |
00218610129 |
Limited Partner |
Dismiss |
Registered |
|
PARISI |
DONATO |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
O.R.V. - OVATTIFICIO RESINATURA VALPADANA - S.P.A. |
Grantorto (PD) - IT - |
00220690283 |
Director |
Dismiss |
Registered |
|
VALPADANA SUD - S.P.A. |
BELLIZZI (SA) - IT - |
00247420656 |
Managing Director |
Active |
Registered |
|
VALPADANA SUD - S.P.A. |
BELLIZZI (SA) - IT - |
00247420656 |
Director |
Active |
Registered |
|
CARPANESE |
MICHELE |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
C. E C. CONSULTING S.R.L. |
Grantorto (PD) - IT - |
03823950286 |
Sole Director |
Active |
Registered |
|
IMMOBILIARE GENERALE VENETA S.R.L. |
Carmignano di Brenta (PD) - IT - |
02154930289 |
Managing Director |
Active |
Registered |
|
IMMOBILIARE GENERALE VENETA S.R.L. |
Carmignano di Brenta (PD) - IT - |
02154930289 |
Director |
Active |
Registered |
|
SERVIZI AMBIENTALI IGIENE E TERRITORIO -
S.A.I.T. - S.R.L. |
Vigonza (PD) - IT - |
03444460285 |
Managing Director |
Active |
Registered |
|
SERVIZI AMBIENTALI IGIENE E TERRITORIO -
S.A.I.T. - S.R.L. |
Vigonza (PD) - IT - |
03444460285 |
Director |
Active |
Registered |
|
VALPLASTIC S.P.A. |
Carmignano di Brenta (PD) - IT - |
03637700281 |
Director |
Active |
Registered |
|
CRIVELLARO |
LUIGI |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
L.C.E. S.R.L. |
Villorba (TV) - IT - |
04179460268 |
Director |
Active |
Registered |
|
L.C.E. S.R.L. |
Villorba (TV) - IT - |
04179460268 |
Board Chairman |
Active |
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.
DIRECT PARTICIPATIONS
The Company under review has no participations in other Companies.
STRUCTURE AND COMPANY ACTIVITY
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
in : |
|
|
|
|
|
Via |
Postumia |
, 1 |
- 35010 - |
Carmignano di Brenta |
(PD) |
- IT - |
|
|
|
|
PHONE |
: 049/9421600 |
|
|
|
|
FAX |
: 049/9421008 |
|
- |
Branch |
(Factory ) |
since 31/10/2003 |
in : |
|
|
|
|
|
Via |
Regina Elena |
, 39 |
- 35010 - |
Grantorto |
(PD) |
- IT - |
|
- |
Branch |
(Factory ) |
since 31/10/2003 |
in : |
|
|
|
|
|
Via |
Comm. Angelo Velo |
, 4 |
- 35014 - |
Fontaniva |
(PD) |
- IT - |
|
- |
Branch |
(Factory ) |
since 31/10/2003 |
in : |
|
|
|
|
|
Via |
Comm. Angelo Velo |
, 10 |
- 35014 - |
Fontaniva |
(PD) |
- IT - |
|
|
|
|
Employees |
: 497 |
|
|
|
|
Fittings and Equipment |
for a value of
6.010.000 |
Eur |
|
|
|
|
Stocks |
for a value of
20.030.000 |
Eur |
PAYMENTS ANALYSIS
The average term of debts to suppliers is shorter than the sector one.
PAYMENTS SCORE : - No insolvency
CREDIT REVOLVING
During last Year, the subject of inquiry has not been monitored by our
company.
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.
IMMOVABLES *
*No specific (mortgage/cadastrial registrations) inspections have been
requested.
None reported in the name of the Firm.
FINANCIAL AND ECONOMICAL ANALYSIS
Subject under review started the activities in 2003.
Under the financial profile unstable results are noted. In the last
financial year a drop in sales has been registered (-14,89%).
The return on Investment in the last financial year was positive (1,68%)
and reflects the field's average.
The financial position is not well balanced as the volume of debts is
fairly remarkable if compared to shareholder's equity, in fact total debts are
6,99 increasing as against 2006.
Financial debts as well as debts to suppliers are rather high even if it
is lower than the sector's average.
The available funds are good.
FINANCIAL DATA
|
Complete balance-sheet for the year as at |
31/12/2007 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
100.146.964 |
filed balance sheet |
|
Profit (Loss) for the period |
-362.624 |
filed balance sheet |
|
Complete balance-sheet for the year as at |
31/12/2006 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
117.672.828 |
filed balance sheet |
|
Profit (Loss) for the period |
533.375 |
filed balance sheet |
|
Complete balance-sheet for the year as at |
31/12/2005 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
109.596.334 |
filed balance sheet |
|
Profit (Loss) for the period |
-1.651.264 |
filed balance sheet |
|
Complete balance-sheet for the year as at |
31/12/2004 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
97.817.176 |
filed balance sheet |
|
Profit (Loss) for the period |
-4.949.717 |
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 ) |
|
|
22.391.823 |
22.368.401 |
|
. Intangible assets |
|
|
696.025 |
262.921 |
|
. Tangible fixed assets |
|
|
21.684.055 |
22.095.416 |
|
. . Land and buildings |
|
|
|
|
|
. . Plants, Equipm.and Machinery |
|
|
21.389.829 |
21.806.245 |
|
. Long-term Investments |
|
|
11.743 |
10.064 |
|
. . Financial loans |
|
|
11.743 |
10.064 |
|
. . Own shares |
|
|
|
|
|
CURRENT ASSETS |
|
|
73.563.589 |
55.281.754 |
|
. Stock |
|
|
32.000.937 |
17.206.893 |
|
. Credits |
|
|
38.720.268 |
35.415.849 |
|
. . Credits to clients |
|
|
36.956.291 |
33.960.582 |
|
. . Other credits |
|
|
1.763.977 |
1.455.267 |
|
. Short-term financial assets |
|
|
|
|
|
. Liquid assets |
|
|
2.842.384 |
2.659.012 |
|
ACCRUED INCOME-DEFERR. ASSETS |
|
|
31.157 |
9.350 |
|
TOTAL ASSETS |
|
|
95.986.569 |
77.659.505 |
|
. |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|
NET WORTH |
|
|
9.815.859 |
10.178.482 |
|
. Company's capital |
|
|
10.500.000 |
10.500.000 |
|
. Reserves |
|
|
26.669 |
|
|
. Reserves company's own shares |
|
|
|
|
|
. Retained profits (losses) |
|
|
-348.186 |
-854.893 |
|
. Profit (loss) |
|
|
-362.624 |
533.375 |
|
PROVISION FOR RISKS AND LOSSES |
|
|
1.262.989 |
1.630.686 |
|
SEVERANCE INDEMNITY FUND |
|
|
4.515.172 |
5.048.691 |
|
DEBTS |
|
|
79.978.740 |
60.249.310 |
|
. Financial M/L terms |
|
|
8.433.641 |
9.218.987 |
|
. . Financial M/L term banks |
|
|
8.433.641 |
9.218.987 |
|
. . Financial M/L bonds |
|
|
|
|
|
. . Other financial M/L debts |
|
|
|
|
|
. Financial short-term debts |
|
|
30.491.207 |
26.381.509 |
|
. . Financial short-term banks |
|
|
30.157.872 |
25.881.509 |
|
. . Financial short-term bonds |
|
|
|
|
|
. . Other financial short-term debts |
|
|
333.335 |
500.000 |
|
. M/L term debts to suppliers |
|
|
|
|
|
. Short-term debts to suppliers |
|
|
25.420.933 |
21.437.238 |
|
. Sundry M/L debts |
|
|
|
|
|
. Sundry short-term debts |
|
|
15.632.959 |
3.211.576 |
|
ACCRUED EXPENSE |
|
|
413.809 |
552.336 |
|
TOTAL LIABILITIES |
|
|
95.986.569 |
77.659.505 |
|
. |
|
|
|
|
|
|
PROFIT AND LOSS
ACCOUNTS |
|
|
|
|
OUTPUT VALUE |
|
|
112.596.266 |
120.209.022 |
|
. Revenues from sales/services |
|
|
100.146.964 |
117.672.828 |
|
. Change of stock (products) |
|
|
11.517.072 |
664.720 |
|
OPERATING EXPENSES |
|
|
110.975.779 |
116.225.506 |
|
. Purchasing expenses |
|
|
65.006.376 |
70.881.810 |
|
. Change of stock (raw material) |
|
|
-1.934.302 |
-1.001.079 |
|
. Expenses from services |
|
|
22.078.442 |
21.607.535 |
|
. Expenses from leasing |
|
|
4.002.053 |
4.215.046 |
|
. General expenses/sundry charges |
|
|
1.407.521 |
875.349 |
|
. Staff expenses |
|
|
15.907.606 |
14.756.282 |
|
. Depreciation/Devaluation costs |
|
|
4.508.083 |
4.890.563 |
|
FINANCIAL REVENUES (CHARGES) |
|
|
-2.210.305 |
-1.855.333 |
|
. Financial charges |
|
|
-3.168.613 |
-2.173.555 |
|
. Financial revenues |
|
|
958.308 |
318.222 |
|
FINANCIAL ASSETS CORRECTION |
|
|
|
|
|
EXTRAORDINARY FINANCIAL REVENUES (CHARGES) |
|
|
921.126 |
-6.559 |
|
PROFIT (LOSS) FOR THE PERIOD |
|
|
331.308 |
2.121.624 |
|
TAX |
|
|
693.932 |
1.588.249 |
|
CORRECT./ALLOCAT. FISCAL RULE |
|
|
|
|
|
NET PROFIT (LOSS) |
|
|
-362.624 |
533.375 |
|
RATIOS |
Item |
O.V. |
O.V. |
as at 31/12/2007 |
as at 31/12/2006 |
Sector Average |
|
Fixed assets ratio |
Units |
=> 1 |
l |
1,01 |
1,09 |
1,98 |
|
Net Short-term indebtedness |
Units |
- 1 |
l |
6,99 |
4,75 |
2,36 |
|
Current ratio |
Units |
=> 1 |
l |
1,02 |
1,08 |
1,29 |
|
Acid Test Ratio-Liquidity Ratio |
Units' |
=> 1 |
l |
0,58 |
0,74 |
0,85 |
|
Return on Sales |
% |
|
l |
4,13 |
4,60 |
2,93 |
|
Average stock waiting period |
dd |
|
l |
115,02 |
52,63 |
75,52 |
|
Credits to clients average term |
dd |
|
l |
132,84 |
103,89 |
134,94 |
|
Debts to suppliers average term |
dd |
|
l |
100,44 |
79,77 |
133,97 |
|
Net financial revenues/ charges incidence |
% |
|
l |
- 2,20 |
- 1,57 |
- 1,21 |
|
Labour cost incidence |
% |
|
l |
15,88 |
12,54 |
13,50 |
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; n.c.=not computable)
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:
168.000 .Eur.
MARKET / TERRITORY DATA
|
Population living in the province |
: |
882.779 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expences average in the region (in Eur.) :
|
- per food products |
: |
456 |
|
- per non food products |
: |
2.052 |
|
- per energy consume |
: |
127 |
SECTOR DATA
The values are calculated on a base of 500 significant companies.
The companies cash their credits on an average of 134 dd.
The average duration of suppliers debts is about 133 dd.
The sector's profitability is on an average of 2,93%.
The labour cost affects the turnover in the measure of 13,50%.
Goods are held in stock in a range of 75 dd.
The difference between the sales volume and the resources used to
realize it is about 1,03.
The employees costs represent the 13,71% of the production costs.
STATISTICAL DETRIMENTAL DATA
Statistically the trade activity passes through serious crises.
The area is statistically considered moderately risky.
In the region 13.782 protested subjects are found; in the province they
count to 2.646.
The insolvency index for the region is 0,30, while for the province it
is 0,30.
Total Bankrupt companies in the province : 3.821.
Total Bankrupt companies in the region : 16.714.
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.72 |
|
UK Pound |
1 |
Rs.82.17 |
|
Euro |
1 |
Rs.65.90 |
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%)