MIRA
INFORM REPORT
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Report Date : |
08.10.2008 |
IDENTIFICATION
DETAILS
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Name : |
ENERGOMARKET ACE I BLAGOJKA D.O.O. SKOPJE |
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Registered Office : |
MK 1000 Skopje |
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Country : |
Macedonia |
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Financials (as on) : |
31.12.2007 |
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Date of Incorporation : |
1991 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Trade in Metal Articles, Metal Ores and Electrical Supplies |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
EUR 100.000,00 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name
& address
Društvo za vnatrešna i nadvorešna trgovija
ENERGOMARKET Ace i Blagojka d.o.o. eksport-import Skopje
Crvena opština
MK 1000 Skopje; Macedonia
Tel: +389 2 3227423, 3065365
Fax: +389 2 3227306
summary
Legal form d.o.o.
- limited liability company
Established 1991
Registered 1991.07.12,
Court Skopje,
re-registered
2001.07.23 with the Court Skopje 1
fiscal code: 4030 991 212958
company’s code: 4243978
Establishers Ace Dimitrievski 50,00%
Blagojka Dimitrievska 50,00%
Basic capital MKD
76.928.399,00
Management
Ace Dimitrievski, manager,
Macedonia,
Activity
trade in metal articles, metal ores and electrical
supplies
imports from Austria
registered office at the address in the header
business premises and outlet in the trade centre
“Beverley Hills” at Naroden Front 19A, Lokal 15,
1000 Skopje, rented
Staff
2006 18 employees
2007 16 employees
Total
revenue
2006 total revenue MKD 601.461.596
2007 total revenue MKD 489.724.465
Real estate no data
available
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Assets |
Currency: MKD ( x 1.000 ) |
2007.12.31 |
2006.12.31 |
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FIXED ASSETS |
393.319 |
462.775 |
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From
which: Tangible assets |
82.591 |
53.037 |
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CURRENT ASSETS |
302.256 |
308.019 |
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Inventories |
18.415 |
36.278 |
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Short
term receivables |
124.331 |
115.868 |
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Short
term financial assets |
157.235 |
153.644 |
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Cash at
bank and in hand |
2.275 |
2.229 |
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ACCRUALS |
0 |
14.041 |
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TOTAL ASSETS |
695.575 |
784.835 |
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Liabilities |
Currency: MKD ( x 1.000 ) |
2006.12.31 |
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EQUITY |
262.942 |
249.848 |
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Subscribed capital |
76.928 |
80.506 |
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Reserves |
84.823 |
84.821 |
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Profit brought
forward |
88.098 |
81.203 |
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Profit
of the period |
13.093 |
3.318 |
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SHORT TERM LIABILITIES |
420.164 |
517.554 |
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DEFFERED ITEMS |
12.469 |
17.433 |
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TOTAL LIABILITIES |
695.575 |
784.835 |
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Financial ratios |
2007. |
2006. |
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0,6386 |
0,5006 |
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37,8 |
31,83 |
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0,6755 |
0,525 |
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0,7194 |
0,5951 |
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Remarks
gross profit 2007 MKD 14.919.304
net profit 2007 MKD 13.093.875
gross profit 2006 MKD 4.824.222
net profit 2006 MKD 3.903.222
Translation of the company name: Company for domestic and foreign trade
ENERGOMARKET Ace and Blagojka Ltd export-import Skopje
Participations in other subjects:
- Društvo za proizvodstvo i montaža na metalni konstrukcii
METALEC A.D. uvoz-izvoz Prilep, 18,72%
(translation: Company for production and montage of metal structures METALEC
A.D. export-import Prilep)
- A.D. za proizvodstvo na konfekcija i netkaen tekstil
VINKA, Vinica 18,99%
(translation: Joint stock company for production of clothes and non-woven
textile VINKa, Vinica)
exchange rate development:
31.12.2007 EUR 1 = MKD 61,3
31.12.2006 EUR 1 = MKD 64,3
Bankers
Komercijalna banka AD,
account No. 000300000000342446
Credit
opinion
business conections appear permissible
Max. credit EUR 100.000,00
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.48.72 |
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UK Pound |
1 |
Rs.82.17 |
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Euro |
1 |
Rs.65.90 |
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)