MIRA INFORM REPORT
|
Report Date : |
16.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
MOLECOR TECNOLOGIA SL |
|
|
|
|
Registered Office : |
Calle Del Duero, 34, 28840 Mejorada Del Campo
Madrid |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
01.01.2006 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of plastic plates, sheets, tubes and profiles |
|
|
|
|
No. of Employees
: |
28 persons |
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 : |
173.000,00 € |
|
|
|
|
Status : |
Good |
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|
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|
Payment
Behaviour : |
No Complaints |
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|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Spain |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name & address
MOLECOR TECNOLOGIA SL
TAX NUMBER: B84724921
Company situation: Active
EXECUTIVE SUMMARY
Identification
Current Business Name: MOLECOR TECNOLOGIA SL
Other names: YES
Current Address: CALLE DEL DUERO, 34
28840 MEJORADA DEL CAMPO MADRID
Branches: 1
Telephone number: 902566577 Fax: 902566578
URL: www.molecor.com
Corporate e-mail: info@molecor.com
Trade Risk
Credit Appraisal: 173.000,00 €
Incidents: NO
R.A.I.: NO
EXPERIAN BUREAU EMPRESARIAL Bank and Multi - sectorial Defaults of
Payment: NO
Financial Information
Balance sheet latest sales (2009): 5.490.622,59 € (Commercial Registry)
Result: 438.959,27 €
Total Assets: 8.173.895,84 €
Share capital: 418.588,00 €
Employees: 28
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 09/06/2006
Activity: Mfg. of plastic materials
NACE 2009 CODE: 2221
International Operations: Imports and
Exports
Corporate Structure
Member of the Board:
Other Complementary Information
Latest filed accounts published in the Commercial Registry: 2009
Type of Accounts available at the Commercial Registry: Individuals
Latest act published in BORME: 14/11/2011 Appointments
Latest press article: 30/08/2011 CINCO
DIAS (GENERAL INFORMATION)
Bank Entities: There are
The date when this report was last updated is 15/12/2011.
The information contained in this report has been investigated and
contrasted on 15/12/2011
Credit Appraisal
Maximum Credit
(from 0 to 6,000,000 €)
Favourable to 173.000,00 €
Financial
Situation
|
Exercise:2009 |
|
|||
|
Treasury |
|
Excellent |
|
|
|
Indebtedness |
|
Average |
|
|
|
Profitability |
|
Sufficient |
|
|
|
Balance |
|
Excellent |
|
|
Performance
|
Incidents |
|
None or Negligible |
|
Business
Trajectory |
|
Excellent |
Rating Explication
Financial Situation
•
The company’s financial situation is good.
•
The sales evolution and results has
been positive.
•
The auditor’s opinion about the latest accounts has
been favourable.
Company Structure
•
The company’s capitalization degree determines that
its structure is normal.
•
The company’s size is small depending on
its sales volume.
•
The employees evolution has been stable.
Performance and Incidences
•
The available information indicates that the company
does not have payment incidences.
•
He have detected no recent legal actions or claims
from the Administration against this company
Accounts Filing
•
The company files regularly its accounts.
INCIDENTS
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: No administrative claims registered
AFFECTED BY: No significant element.
EXPERIAN BUREAU
EMPRESARIAL BANK AND MULTI - SECTORIAL DEFAULTS OF PAYMENT
Summary
COMPANY NOT INCLUDED IN EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL
DEFAULTS OF PAYMENT
•
There is no information related to the nif/cif
consulted in the in the EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL
DEFAULTS OF PAYMENT file
R.A.I.
COMPANY NOT REGISTERED IN THE R.A.I.
This company is not registered in the Disputed Bills register (R.A.I.)
DATE AND TIME OF THE CONSULTATION
09/12/2011 15:12:56
Information from the Registro de Aceptaciones Impagados (RAI)- Disputed
Bills register.
It can only be used for information legitimate needs of the consulting
party, in accordance with its social or business activity, in order to grant a
credit or the monitoring or control of the already granted credits and can not
be transmitted or communicated to thirds, nor copied, duplicated, reproduced
nor implemented to any database , owned or external, or reused it in anyway,
direct or indirectly.
FINANCIAL ELEMENTS AND SECTORIAL COMPARATIVE
FINANCIAL ELEMENTS
Figures given in €
|
|
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
31/12/2008 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
A) NON CURRENT ASSETS |
3.811.603,19 |
46,63 |
3.029.861,00 |
42,89 |
|
B) CURRENT ASSETS |
4.362.292,65 |
53,37 |
4.033.957,00 |
57,11 |
|
LIABILITIES |
|
|
|
|
|
A) NET WORTH |
3.161.648,74 |
38,68 |
2.735.578,00 |
38,73 |
|
B) NON CURRENT LIABILITIES |
2.909.632,34 |
35,60 |
2.582.473,00 |
36,56 |
|
C) CURRENT LIABILITIES |
2.102.614,76 |
25,72 |
1.745.767,00 |
24,71 |
Profit and Loss Account Analysis
Figures given in €
|
|
31/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2008 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
5.490.622,59 |
|
365.719,00 |
|
|
GROSS MARGIN |
2.994.406,57 |
54,54 |
1.004.173,00 |
274,58 |
|
EBITDA |
809.357,85 |
14,74 |
-128.252,00 |
-35,07 |
|
EBIT |
590.155,44 |
10,75 |
-211.509,00 |
-57,83 |
|
NET RESULT |
438.959,27 |
7,99 |
-110.805,00 |
-30,0 |
|
EFFECTIVE TAX RATE (%) |
16,42 |
0,00 |
-25,00 |
-0,01 |
COMPARATIVE SECTOR
ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|||
|
A) NON CURRENT ASSETS |
46,63 |
30,32 |
16,31 |
|
|
|
|
|
A) CURRENT ASSETS |
53,37 |
69,68 |
-16,31 |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|||
|
A) NET WORTH |
38,68 |
46,78 |
-8,10 |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
35,60 |
7,54 |
28,05 |
|
|
|
|
|
C) CURRENT LIABILITIES |
25,72 |
45,68 |
-19,95 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
|
|
|
|
SALES |
96,35 |
99,14 |
-2,79 |
|
|
|
|
|
GROSS MARGIN |
52,55 |
37,58 |
14,97 |
|
|
|
|
|
EBITDA |
14,20 |
5,21 |
8,99 |
|
|
|
|
|
EBIT |
10,36 |
1,85 |
8,51 |
|
|
|
|
|
NET RESULT |
7,70 |
1,07 |
6,63 |
|
|
|
|
Sector Composition
Compared sector (NACE 2009): 2221
Number of companies: 17
Size (Sales Figure): 2,800,000.00 - 7,000,000.00 Euros
OTHER DATA FROM THE
ANNUAL FINANCIAL REPORT
Results Distribution
Source: annual financial report 2009
Figures given in €
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account Balance |
438.959,00 |
Legal Reserve |
83.718,00 |
|
Carry over |
0,00 |
Goodwill reserve |
0,00 |
|
Voluntary reserves |
0,00 |
Special reserves |
0,00 |
|
Other reserves disposable at will |
0,00 |
Voluntary reserves |
108.009,00 |
|
Total of Amounts to be distributed |
438.959,00 |
Dividends |
0,00 |
|
|
|
Carry over and others |
30.551,00 |
|
|
|
Compensation of previous exercises losses |
216.681,00 |
|
|
|
Application total |
438.959,00 |
Auditing
Source: filing of annual financial statement 2009
Auditors’ opinion: FAVOURABLE
Auditor: SERESPA S.A.
Auditing fees: 5.850,00 €
Facts subsequent to
the closing
Source: Annual financial report 2009
Posterior to the closure there were no relevant facts that require the
inclusion in the annual accounts.
company ADDRESSES
Current Legal Seat Address:
CALLE DEL DUERO, 34
28840 MEJORADA DEL CAMPO MADRID
Previous Seat Address:
CALLE ROSA MONTERO 36
28521 RIVAS-VACIAMADRID
MADRID
Characteristics of
the current address
Type of establishment: office
Owners: rented
Local Situation: main
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
CALLE DE CISTIERNA, 5 |
28947 |
FUENLABRADA |
Madrid |
There are 1 branches registered
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
CALLE DE EDUARDO TORROJA, 40 |
28946 |
FUENLABRADA |
Madrid |
There are 1 former branches registered
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Governing body : 1 member (latest change:
10/01/2011)
Other Positions : 4 (latest change: 31/10/2011)
Auditor : 1 (latest change: 31/12/2009)
Operative Board Members : 1 (latest change: 15/12/2011)
Non-current positions : 15 (latest change: 10/01/2011)
Main Board members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
MEMBER OF THE BOARD |
PEDROSA PEREZ, JESUS MARIA |
10/01/2011 |
|
|
|
|
Auditor
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
AUDITOR |
SERESPA SAP |
31/12/2009 |
There are 6 board members, directors and auditors registered
Board members remuneration
Source: Annual
financial report 2009
Board
members remuneration: 198.959,00 €
|
POSITION |
NAME AND SURNAME |
|
Financial Manager |
ROMERO, JOSE M. |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
STIRIA CAPITAL SOCIEDAD DE CAPITAL RIESGO DE REGIMEN SIMPLIFICADO SA |
A84918929 |
14,99 |
OWN SOURCES |
15/03/2011 |
|
|
DELGADO COBOS JOSE MARIA |
|
Indef. |
OWN SOURCES |
08/03/2011 |
|
|
PEREZ FUENTES BEATRIZ |
|
Indef. |
OWN SOURCES |
08/03/2011 |
|
|
ARENA FERNANDEZ ANTONIO |
|
Indef. |
OWN SOURCES |
08/03/2011 |
|
|
ALMERIA VALDEON LUIS |
|
Indef. |
OWN SOURCES |
08/03/2011 |
|
|
MUNOZ JUAN IGNACIO |
|
Indef. |
OWN SOURCES |
08/03/2011 |
|
|
ROMERO SERRANO JOSE MANUEL |
|
Indef. |
OWN SOURCES |
08/03/2011 |
There are 7 direct financial links through shareholders
registered
POTENTIAL LINKS
Search Criterion: ”MOLECOR TECNOLOGIA SL”
URL: www.molecor.com
Descargas MOLECOR© DOCUMENTOS TÉCNICOS. Rango de Productos de Tecnología.
Disposición Equipos en Tecnología Molecor. Ficha Técnica ...
URL: www.linkedin.com
Molecor Tecnologia | LinkedIn Welcome to the company profile of
Molecor Tecnologia on LinkedIn. MOLECOR © es una compañía española pionera en
el desarrollo de tecnología de ...
BUSINESS INFORMATION
Incorporation date: 09/06/2006
Activity beginning date: 15/09/2006
Establishment date: 01/01/2006
Founder’s Name: LA TITULAR ES LA FUNDADORA INICIAL DEL NEGOCIO
Activity: Mfg. of plastic materials
NACE 2009 CODE: 2221
NACE 2009 Activity: Manufacture of plastic plates, sheets, tubes
and profiles
Business: LA INVESTIGACION Y DESARROLLO, INCLUYENDO, LA INVESTIGACION
BASICA, INVESTIGACION APLICADA Y LA INGENIERIA Y EL DESARROLLO DE NUEVOS
MATERIALES
Activity description: Desarrollo y comercialización de Tecnología
para la fabricación de tubos de PVC o para conducción de agua a presión.
Latest employees figure: 28 (2011)
% of fixed employees: 100,00%
% of men: 82,14%
% of women: 17,86%
Employees evolution
|
|
Source: Annual financial report 2009
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Distribution by sexes |
|
23 |
5 |
SALES
Export Percentage: 84%
Exports to: UE Y OTROS PAISES
National Distribution: 16%
•
El 16.61% de su cifra de negocio corresponde a
canalizaciones.
•
El 83.39% de su cifra de negocio corresponde a
tech.
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
CAIXABANK, S.A. |
4350 |
C. ALEJO CARPENTIER, 11 |
ALCALA DE HENARES |
Madrid |
There are 1 bank entities registered
Figures given in €
|
ENTITY |
ASSERTS INVOLVED IN THE ACTIVITY |
UP TO 1 YEAR |
FROM 1 TO 5 YEARS |
|
|
Instalaciones técnicas, utillaje, maquinaria y elementos de
transporte. |
269.355,00 |
467.464,00 |
There are 1 leasing operations registered
Brand name: TOM (Valid)
Type: GRAPHICAL Scope: COMMUNITARY
Date: 08/10/2008
There are 3 brands, signs and commercial names
LEGAL STRUCTURE
Constitution Data
Register Date: 15/09/2006
Register town: Madrid
Announcement number: 324105
Register data:
Volume 22846, Folio 21, Section 8, Sheet 409037,
Inscription I/A 1 (2006-06-09)
Social Capital: 30.000 €
Legal form: Limited Liability Company
Share capital: 418.588,00 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2009)
B.O.R.M.E.
(OFFICIAL GAZETTE OF
THE COMMERCIAL REGISTRY)
Acts on activity: 0
Acts on administrators: 12 (Last: 14/11/2011, first:
21/06/2006)
Acts on capital: 9 (Last: 28/02/2008, first:
31/10/2006)
Acts on creation: 1 (Last: 21/06/2006)
Acts on filed accounts: 4 (Last: 04/10/2010, first:
16/01/2008)
Acts on identification: 1 (Last: 07/04/2008)
Acts on Information: 3 (Last: 31/10/2006, first:
21/06/2006)
Latest acts in B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
COMMERCIAL REGISTRY |
|
Appointments |
14/11/2011 |
450191 |
Madrid |
|
Appointments |
10/01/2011 |
8211 |
Madrid |
|
Resignations |
10/01/2011 |
8211 |
Madrid |
|
Appointments |
13/11/2009 |
473954 |
Madrid |
|
Resignations |
13/11/2009 |
473954 |
Madrid |
|
Change of registered address |
07/04/2008 |
180928 |
Madrid |
|
Appointments |
07/04/2008 |
180928 |
Madrid |
|
Resignations |
07/04/2008 |
180928 |
Madrid |
Latest filed accounts
|
ACT |
DATE |
NOTICE NUM. |
COMMERCIAL REGISTRY |
|
Annual Filed Accounts (2009) |
04/10/2010 |
735270 |
Madrid |
|
Annual Filed Accounts (2008) |
04/11/2009 |
804959 |
Madrid |
|
Annual Filed Accounts (2007) |
27/10/2008 |
957090 |
Madrid |
There are 30 acts registered
PRESS ARTICLES
Press summary by type of information (last five years)
Legal notices: 0
Structural Data: 0
Informative data: 1 (Last: 30/08/2011)
Financial Information: 0
Negative information: 0
Business lines: 0
Historical press releases: 0
Latest press article published
30/08/2011 CINCO DIAS (Page 31,32) GENERAL
INFORMATION
La empresa madrileña MOLECOR comercializa un producto único en el mundo:
tubos de grandes diámetros de PVC orientado. La firma ha ido creciendo en lo
que se refiere a los beneficios. En 2007 cerró con 200.000 euros, pero sólo un
año después se acercó al umbral del millón. En 2010 la cía. alcanzó los 77
millones y para 2011 la empresa espera llegar a los 14 millones. El mercado
natural de esta pyme, con una plantilla de 50 trabajadores, es el mundo entero,
en el cual recoge el 85% de sus frutos en forma de beneficios.
There are 1 press articles registered for this company
FINANCIAL INFORMATION
The information on the last account contained in this report is extracted
from the Commercial Registry file of the legal address of the Company and
dated 27/10/2010.
SITUATION
BALANCE-SHEET
Assets
Figures given in €
|
|
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
3.811.603,19 |
46,63 |
3.029.861,00 |
42,89 |
|
I. Intangible assets |
902.771,05 |
11,04 |
681.670,00 |
9,65 |
|
II. Tangible fixed assets |
2.607.517,01 |
31,90 |
2.028.975,00 |
28,72 |
|
III. Real-estate investments |
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
|
|
|
|
|
V. Long Term Financial Investments |
301.315,13 |
3,69 |
246.989,00 |
3,50 |
|
VI. Assets by deferred taxes |
|
|
72.227,00 |
1,02 |
|
VII. Non current commercial debts |
|
|
|
|
|
B) CURRENT ASSETS |
4.362.292,65 |
53,37 |
4.033.957,00 |
57,11 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
II. Stocks |
450.126,61 |
5,51 |
285.493,00 |
4,04 |
|
III. Trade Debtors and other receivable accounts |
2.825.582,74 |
34,57 |
305.502,00 |
4,32 |
|
1. Clients |
2.272.021,11 |
27,80 |
18.235,00 |
0,26 |
|
b) Clients for sales and short term services
rendering |
2.272.021,11 |
27,80 |
18.235,00 |
0,26 |
|
3. Other debtors |
553.561,63 |
6,77 |
287.267,00 |
4,07 |
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
|
V. Short term financial investments |
395.245,59 |
4,84 |
2.885.751,00 |
40,85 |
|
VI. Short term periodifications |
2.648,86 |
0,03 |
11.353,00 |
0,16 |
|
VII. Cash and equivalents |
688.688,85 |
8,43 |
545.858,00 |
7,73 |
|
TOTAL ASSETS (A + B) |
8.173.895,84 |
100,00 |
7.063.818,00 |
100,00 |
Net Worth and Liabilities
Figures given in €
|
|
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
|
A) NET WORTH |
3.161.648,74 |
38,68 |
2.735.578,00 |
38,73 |
|
A-1) Equity |
3.046.727,09 |
37,27 |
2.607.768,00 |
36,92 |
|
I. Capital |
418.588,00 |
5,12 |
418.588,00 |
5,93 |
|
1. Authorized capital |
418.588,00 |
5,12 |
418.588,00 |
5,93 |
|
II. Issue premium |
2.436.412,00 |
29,81 |
2.436.412,00 |
34,49 |
|
III. Reserves |
|
|
|
|
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
V. Results from previous years |
-247.232,18 |
-3,02 |
-136.427,00 |
-1,93 |
|
VI. Other loans from partners |
|
|
|
|
|
VII. Exercise Result |
438.959,27 |
5,37 |
-110.805,00 |
-1,57 |
|
VIII. (Interim dividend) |
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
A-3) Received legacies, grants and subventions |
114.921,65 |
1,41 |
127.810,00 |
1,81 |
|
B) NON CURRENT LIABILITIES |
2.909.632,34 |
35,60 |
2.582.473,00 |
36,56 |
|
I. Long term provisions |
|
|
|
|
|
II. Long term debts |
2.860.415,13 |
34,99 |
2.527.732,00 |
35,78 |
|
1. Debts with bank entities |
1.164.946,61 |
14,25 |
564.610,00 |
7,99 |
|
2. Financial leasing creditors |
467.464,45 |
5,72 |
618.195,00 |
8,75 |
|
3. Other long term debts |
1.228.004,07 |
15,02 |
1.344.927,00 |
19,04 |
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
IV. Liabilities by deferred taxes |
49.217,21 |
0,60 |
54.741,00 |
0,77 |
|
V. Long term periodifications |
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
C) CURRENT LIABILITIES |
2.102.614,76 |
25,72 |
1.745.767,00 |
24,71 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
III. Short term debts |
621.855,56 |
7,61 |
344.655,00 |
4,88 |
|
1. Debts with bank entities |
235.578,47 |
2,88 |
121.834,00 |
1,72 |
|
2. Financial leasing creditors |
269.354,83 |
3,30 |
222.821,00 |
3,15 |
|
3. Other short term debts |
116.922,26 |
1,43 |
|
|
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
V. Trade creditors and other payable accounts |
1.480.759,20 |
18,12 |
1.401.112,00 |
19,84 |
|
1. Suppliers |
1.115.703,00 |
13,65 |
136.989,00 |
1,94 |
|
b) Short term suppliers |
1.115.703,00 |
13,65 |
136.989,00 |
1,94 |
|
2. Other creditors |
365.056,20 |
4,47 |
1.264.123,00 |
17,90 |
|
VI. Short term periodifications |
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
8.173.895,84 |
100,00 |
7.063.818,00 |
100,00 |
PROFIT AND LOSS
ACCOUNT
Figures given in €
|
|
31/12/2009 (12) |
%OPERATING INCOME |
31/12/2008 (12) |
%OPERATING INCOME |
|
1. Net Turnover |
5.490.622,59 |
96,35 |
365.719,00 |
35,03 |
|
2. Variation in stocks of finished goods and work in progress |
165.258,81 |
2,90 |
63.795,00 |
6,11 |
|
3. Works for its own assets |
192.454,94 |
3,38 |
344.050,00 |
32,96 |
|
4. Supplies |
-2.869.365,30 |
-50,35 |
-103.495,00 |
-9,91 |
|
5. Other operating income |
15.435,53 |
0,27 |
334.104,00 |
32,01 |
|
6. Labour cost |
-1.107.240,22 |
-19,43 |
-639.774,00 |
-61,29 |
|
7. Other operating costs |
-1.081.408,50 |
-18,98 |
-492.651,00 |
-47,19 |
|
8. Amortization of fixed assets |
-230.580,01 |
-4,05 |
-83.257,00 |
-7,98 |
|
9. Allocation of subventions on non financial investments and other |
12.887,88 |
0,23 |
|
|
|
10. Provisions excess |
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
11.377,60 |
0,20 |
|
|
|
12. Negative difference of business combinations |
|
|
|
|
|
13. Other results |
-9.287,88 |
-0,16 |
|
|
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) |
590.155,44 |
10,36 |
-211.509,00 |
-20,26 |
|
14. Financial income |
48.620,24 |
0,85 |
147.811,00 |
14,16 |
|
b) Other financial income |
48.620,24 |
0,85 |
147.811,00 |
14,16 |
|
15. Financial expenses |
-113.678,13 |
-1,99 |
-83.724,00 |
-8,02 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
17. Exchange differences |
112,91 |
0,00 |
-318,00 |
-0,03 |
|
18. Deterioration and result for disposal of financial instruments |
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-64.944,98 |
-1,14 |
63.769,00 |
6,11 |
|
C) RESULT BEFORE TAXES (A + B) |
525.210,46 |
9,22 |
-147.740,00 |
-14,15 |
|
20. Taxes on profits |
-86.251,19 |
-1,51 |
36.935,00 |
3,54 |
|
D) EXERCISE RESULT (C + 20) |
438.959,27 |
7,70 |
-110.805,00 |
-10,61 |
NET WORTH CHANGES STATUS
Status of recognized income and expenses
Figures given in €
|
NET WORTH CHANGES (1/3) |
31/12/2009 (12) |
31/12/2008 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
438.959,27 |
-110.805,00 |
|
INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH |
|
|
|
I. For valuation of financial instruments |
|
|
|
II. Cash flow coverage |
|
|
|
III. Received legacies, grants and subventions |
|
|
|
IV. For actuarial profits and losses and other adjustments |
|
|
|
V. Non-current assets and related liabilities, maintained for sale |
|
|
|
VI. Conversion differences |
|
|
|
VII. Tax effect |
|
|
|
B) TOTAL INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH (I + II +
III + IV +V+VI+VII) |
|
|
|
PROFIT AND LOSS ACCOUNT TRANSFERS |
|
|
|
VIII. For valuation of financial instruments |
|
|
|
IX. Cash flow coverage |
|
|
|
X. Received legacies, grants and subventions |
|
|
|
XI. Non-current assets and related liabilities, maintained for sale |
|
|
|
XII. Conversion differences |
|
|
|
XIII. Tax effect |
|
|
|
C) TOTAL TRANSFERS TO THE PROFIT AND LOSS ACCOUNT (VIII + IX + X + XI+
XII+ XIII) |
|
|
|
TOTAL INCOME AND EXPENSES RECOGNIZED (A + B + C) |
438.959,27 |
-110.805,00 |
Total net worth changes status
Figures given in €
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
ISSUE PREMIUM |
RESULTS FROM PREVIOUS EXERCISES |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
418.588,00 |
2.436.412,00 |
-58.653,00 |
-82.515,00 |
|
I. Adjustments by change of criteria in the exercise (2007) |
|
|
4.741,00 |
|
|
II. Adjustments by errors in the exercise (2007) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
418.588,00 |
2.436.412,00 |
-53.912,00 |
-82.515,00 |
|
I. Total recognized income and expenses |
|
|
|
-110.805,00 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
-82.515,00 |
82.515,00 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
418.588,00 |
2.436.412,00 |
-136.427,00 |
-110.805,00 |
|
I. Adjustments by change of criteria in the exercise (2008) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2008) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
418.588,00 |
2.436.412,00 |
-136.427,00 |
-110.805,00 |
|
I. Total recognized income and expenses |
|
|
|
438.959,27 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
-110.805,18 |
110.805,00 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
418.588,00 |
2.436.412,00 |
-247.232,18 |
438.959,27 |
|
NET WORTH CHANGES ( 3 /3) |
RECEIVED LEGACIES, GRANTS AND SUBVENTIONS |
TOTAL |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
94.635,00 |
2.808.467,00 |
|
|
|
I. Adjustments by change of criteria in the exercise (2007) |
|
4.741,00 |
|
|
|
II. Adjustments by errors in the exercise (2007) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
94.635,00 |
2.813.208,00 |
|
|
|
I. Total recognized income and expenses |
|
-110.805,00 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
33.175,00 |
33.175,00 |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
127.810,00 |
2.735.578,00 |
|
|
|
I. Adjustments by change of criteria in the exercise (2008) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2008) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
127.810,00 |
2.735.578,00 |
|
|
|
I. Total recognized income and expenses |
|
438.959,27 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
-12.888,35 |
-12.888,53 |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
114.921,65 |
3.161.648,74 |
|
|
RATIOS
|
|
31/12/2009 (12) |
CHANGE % |
31/12/2008 (12) |
|
BALANCE RATIOS |
|||
|
Working Capital (€) |
2.259.677,89 |
-1,25 |
2.288.190,00 |
|
Working capital ratio |
0,28 |
-12,50 |
0,32 |
|
Soundness Ratio |
0,80 |
-6,98 |
0,86 |
|
Average Collection Period (days) |
185 |
-38,32 |
301 |
|
Average Payment Period (days) |
135 |
-84,04 |
846 |
|
LIQUIDITY RATIOS |
|||
|
Current Ratio (%) |
207,47 |
-10,21 |
231,07 |
|
Quick Ratio (%) |
51,55 |
-73,78 |
196,57 |
|
DEBT RATIOS |
|||
|
Borrowing percentage (%) |
42,60 |
4,77 |
40,66 |
|
External Financing Average Cost |
0,03 |
0,00 |
0,03 |
|
Debt Service Coverage |
5,20 |
104,99 |
-104,27 |
|
Interest Coverage |
5,19 |
305,14 |
-2,53 |
|
GENERAL AND ACTIVITIES RATIOS |
|||
|
Auto financing generated by sales (%) |
12,19 |
261,89 |
-7,53 |
|
Auto financing generated by Assets (%) |
8,19 |
2.200,00 |
-0,39 |
|
Breakdown Point |
1,12 |
77,78 |
0,63 |
|
Average Sales Volume per Employee |
196.093,66 |
543,42 |
30.476,58 |
|
Average Cost per Employee |
39.544,29 |
-25,83 |
53.314,50 |
|
Assets Turnover |
0,67 |
1.240,00 |
0,05 |
|
Inventory Turnover (days) |
57 |
-94,31 |
993 |
|
RESULTS RATIOS |
|||
|
Return on Assets (ROA) (%) |
7,22 |
341,47 |
-2,99 |
|
Operating Profitability (%) |
10,18 |
659,34 |
-1,82 |
|
Return on Equity (ROE) (%) |
17,24 |
404,59 |
-5,66 |
SECTORIAL ANALYSIS
Balance Sheet and Financial Balance
Figures expressed in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
46,63 |
30,32 |
16,31 |
|
A) CURRENT ASSETS |
53,37 |
69,68 |
-16,31 |
|
LIABILITIES |
|||
|
A) NET WORTH |
38,68 |
46,78 |
-8,10 |
|
B) NON CURRENT LIABILITIES |
35,60 |
7,54 |
28,05 |
|
C) CURRENT LIABILITIES |
25,72 |
45,68 |
-19,95 |
Results Analytical Account
Figures given in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
96,35 |
99,14 |
-2,79 |
|
Other operating income |
3,65 |
0,86 |
2,79 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-50,35 |
-62,25 |
11,90 |
|
Variation in stocks of finished goods and work in progress |
2,90 |
-0,18 |
3,08 |
|
GROSS MARGIN |
52,55 |
37,58 |
14,97 |
|
Other operating costs |
-18,98 |
-15,51 |
-3,47 |
|
Labour cost |
-19,43 |
-17,02 |
-2,41 |
|
GROSS OPERATING RESULT |
14,14 |
5,05 |
9,09 |
|
Amortization of fixed assets |
-4,05 |
-3,23 |
-0,82 |
|
Deterioration and result for fixed assets disposal |
0,20 |
0,03 |
0,17 |
|
Other expenses / income |
0,06 |
|
|
|
NET OPERATING RESULT |
10,36 |
1,85 |
8,51 |
|
Financial result |
-1,14 |
-0,39 |
-0,75 |
|
RESULT BEFORE TAX |
9,22 |
1,46 |
7,76 |
|
Taxes on profits |
-1,51 |
-0,39 |
-1,12 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
7,70 |
|
|
|
NET RESULT |
7,70 |
1,07 |
6,63 |
Main Ratios
|
|
COMPANY (2009) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
2.259.677,89 |
259.843,41 |
420.941,84 |
1.311.414,08 |
|
Working capital ratio |
0,28 |
0,07 |
0,25 |
0,33 |
|
Soundness Ratio |
0,80 |
1,03 |
1,63 |
2,77 |
|
Average Collection Period (days) |
185 |
63 |
100 |
141 |
|
Average Payment Period (days) |
135 |
0 |
0 |
0 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
207,47 |
1,10 |
1,68 |
2,06 |
|
Quick Ratio (%) |
51,55 |
0,02 |
0,16 |
0,52 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
42,60 |
0,00 |
0,00 |
0,00 |
|
External Financing Average Cost |
0,03 |
|
0,03 |
|
|
Debt Service Coverage |
5,20 |
0,00 |
0,00 |
0,00 |
|
Interest Coverage |
5,19 |
-1,21 |
1,35 |
2,50 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
12,19 |
2,70 |
3,55 |
5,45 |
|
Auto financing generated by Assets (%) |
8,19 |
3,16 |
7,30 |
9,36 |
|
Breakdown Point |
1,12 |
1,00 |
1,02 |
1,03 |
|
Average Sales Volume per Employee |
196.093,66 |
137.015,82 |
194.337,02 |
246.375,87 |
|
Average Cost per Employee |
39.544,29 |
21.763,83 |
32.198,32 |
36.701,36 |
|
Assets Turnover |
0,67 |
1,02 |
1,62 |
2,26 |
|
Inventory Turnover (days) |
57 |
27 |
66 |
99 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
7,22 |
-1,24 |
2,85 |
6,01 |
|
Operating Profitability (%) |
10,18 |
2,06 |
8,41 |
11,98 |
|
Return on Equity (ROE) (%) |
17,24 |
0,17 |
6,30 |
14,76 |
ADDITIONAL INFORMATION
Consulted Sources
Central Commercial Registry
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
INTERNET
Titular
This company has been consulted was last displayed on 13/12/2011,
40 times in the last quarter and 770 total times.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.24 |
|
UK Pound |
1 |
Rs.83.77 |
|
Euro |
1 |
Rs.70.46 |
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 |
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 |
|
---- |
NB |
New Business |
---- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.