MIRA INFORM
REPORT
|
Report Date : |
19.02.2011 |
IDENTIFICATION DETAILS
|
Name : |
COLOR SERVICE S.R.L. |
|
|
|
|
Registered Office : |
Via Divisione Julia, 15, 36031 – Dueville
(VI) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
30.03.1984 |
|
|
|
|
Com. Reg. No.: |
VI116-15828 since 19/02/1996 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacturer of apparatus and machinery for laundries and ironing
establishments |
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 : |
160.000 - Eur |
|
Status : |
Satisfactory |
|
Payment
Behaviour : |
No Complaints |
|
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 – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
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
Color Service S.r.l.
Via Divisione
Julia, 15
36031 - Dueville (VI) -IT-
Summary
|
Fiscal Code |
: |
01660830249 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
14/04/1987 |
|
Equity |
: |
Over 2.582.254 Eur |
|
|
: |
5.000.000/6.500.000 Eur |
|
Number of Employees |
: |
from 36 to 50 |
Credit Analysis
|
Credit Opinion |
: |
160.000 - Eur |
Activity
Manufacture of apparatus and machinery for laundries and ironing
establishments (including spare parts and accessories)
Legal Data
Legal Form : Limited liability company
|
Fiscal Code : 01660830249 |
|
Foreign Trade Reg. no. : VI029657 since 24/03/1992 |
|
Foreign Trade Reg. no. : 29657 of |
|
Foreign Trade Reg. no. : 029657 of |
|
Chamber of Commerce no. : 175837 of |
|
Firms' Register : VI116-15828 since 19/02/1996 |
|
V.A.T. Code : 01660830249 |
|
Tribunal Co. Register : 15828 of |
|
Foundation date |
: 30/03/1984 |
|
|
Establishment date |
: 30/03/1984 |
|
|
Start of Activities |
: 14/04/1987 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 207.000 |
Eur |
|
Subscribed Capital |
: 207.000 |
Eur |
|
Paid up Capital |
: 207.000 |
Eur |
Members
|
|
Toschi |
Stefania |
|
|
|
Born in |
(MO) |
on 04/03/1966 |
- Fiscal Code : TSCSFN66C44B819G |
|
|
|
Residence : |
Via |
Castelletto |
, 115 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2008 |
|
|
|
Managing Director |
29/04/2008 |
|
|
No Protests registered.
|
|
Toschi |
Fabrizio |
|
|
|
Born in |
(MO) |
on 08/05/1945 |
- Fiscal Code : TSCFRZ45E08B819D |
|
|
|
Residence : |
Via |
G. La Pira |
, 33 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2008 |
|
|
|
Board Chairman |
29/04/2008 |
|
|
No Protests registered.
|
|
Fona |
Guido |
|
|
|
Born in Breganze |
(VI) |
on 31/05/1949 |
- Fiscal Code : FNOGDU49E31B132F |
|
|
|
Residence : |
Via |
Verdi |
, 12 |
- 36030 |
Fara Vicentino |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2008 |
|
|
No Protests registered.
|
|
Toschi |
Giulia |
|
|
|
Born in Padova |
(PD) |
on 27/09/1988 |
- Fiscal Code : TSCGLI88P67G224A |
|
|
|
Residence : |
Via |
Giorgio La Pira |
, 33 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2008 |
|
|
No Protests registered.
|
|
Toschi |
Laura |
|
|
Born in Padova |
(PD) |
on 27/09/1988 |
- Fiscal Code : TSCLRA88P67G224B |
|
|
|
Residence : |
Via |
Giorgio La Pira |
, 33 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2008 |
|
|
No Protests registered.
|
|
Turle |
Antonello |
|
|
|
Born in Breganze |
(VI) |
on 20/03/1966 |
- Fiscal Code : TRLNNL66C20L157L |
|
|
|
Residence : |
Via |
Castelletto |
, 115 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2008 |
|
|
No Protests registered.
|
|
Prandi |
Fabio |
|
|
|
Born in Modena |
(MO) |
on 07/05/1963 |
- Fiscal Code : PRNFBA63E07F257R |
|
|
|
Residence : |
Via |
Madonna |
, 25 |
- 41011 |
Campogalliano |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2008 |
|
|
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 have
holded positions.
|
|
TOSCHI |
STEFANIA |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
STAN S.R.L. |
Breganze (VI) - IT - |
02609290248 |
Director |
Withdrawn |
Registered |
|
|
TOSCHI |
FABRIZIO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
B.T.E. BUILDING TECHNOLOGY ENGINEERING S.P.A. IN FORMA ABBREVIATA:
B.T.E. S.P.A |
Vicenza (VI) - IT - |
03216440242 |
Managing
Director |
Withdrawn |
Registered |
|
B.T.E. BUILDING TECHNOLOGY ENGINEERING S.P.A. IN FORMA ABBREVIATA:
B.T.E. S.P.A |
Vicenza (VI) - IT - |
03216440242 |
Director |
Withdrawn |
Registered |
|
B.T.E. BUILDING TECHNOLOGY ENGINEERING S.P.A. IN FORMA ABBREVIATA:
B.T.E. S.P.A |
Vicenza (VI) - IT - |
03216440242 |
Board Chairman |
Withdrawn |
Registered |
|
CO.RIS.MA - CONSORZIO DI SMALTIMENTO RIFIUTI SPECIALI DEL MEDIO ASTICO
|
Vicenza (VI) - IT - |
02167260245 |
Chairman |
Withdrawn |
Ceased |
|
COLOR TECH S.R.L. - UNIPERSONALE |
Breganze (VI) - IT - |
03264710264 |
Sole Director |
Active |
Registered |
|
GELBAR SRL |
Vicenza (VI) - IT - |
03465920241 |
Managing
Director |
Active |
Registered |
|
GELBAR SRL |
Vicenza (VI) - IT - |
03465920241 |
Director |
Active |
Registered |
|
STAN S.R.L. |
Breganze (VI) - IT - |
02609290248 |
Director |
Withdrawn |
Registered |
|
T.M.T. COSTRUZIONI MECCANICHE S.R.L. |
Thiene (VI) - IT - |
00835160243 |
Chairman |
Withdrawn |
Ceased |
|
TIMIS SRL |
Thiene (VI) - IT - |
03396100244 |
Sole Director |
Active |
Registered |
|
TINTORIA ASTICO S.R.L. |
Fara Vicentino (VI) - IT - |
02627130244 |
Board Chairman |
Withdrawn |
Registered |
The indication "REGISTERED" as Firm Status could refer to
Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we advise to request further
investigations.
Capital Shareholders
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
NUOVA M.T. S.R.L. |
Campogalliano - IT - |
00914300363 |
49.680 .Eur |
24,00 |
|
Toschi Stefania |
Breganze - IT - |
TSCSFN66C44B819G |
84.870 .Eur |
41,00 |
|
Toschi Fabrizio |
Breganze - IT - |
TSCFRZ45E08B819D |
31.050 .Eur |
15,00 |
|
Color Tech S.r.l. - Unipersonale |
Breganze - IT - |
03264710264 |
41.400 .Eur |
20,00 |
Direct Participations
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
NUOVA M.T. S.R.L. |
Campogalliano - IT - |
00914300363 |
9.984 .Eur |
32,00 |
|
|
Active |
|
Timis Srl |
Thiene - IT - |
03396100244 |
45.000 .Eur |
50,00 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
Via |
Divisione Julia |
, 15 |
- 36031 |
- Dueville |
(VI) |
- IT - |
|
|
|
|
PHONE |
: 0444/592366 |
|
|
|
|
PHONE |
: 0444/366000 |
|
|
|
|
FAX |
: 0444/592469 |
|
- |
Branch |
(Factory ) |
since 01/12/2009 |
|
|
|
|
|
Via |
Artigianato |
, 24 |
- 36064 |
- Mason Vicentino |
(VI) |
- IT - |
|
|
|
|
PHONE |
: 0444/5860576 |
|
|
|
|
Employees |
: 37 |
|
Fittings and Equipment for a value of 120.000 |
Eur |
|
Stocks for a value of 1.740.000 |
Eur |
The firm operates abroad as exporter. .
Export represents from 20% to 50% of the global turnover.
Products abroad are placed by :
|
- its own sales net-work |
|
- its own agents |
|
- direct orders from foreign companies |
Export is mainly towards:
|
- Francia |
|
- Grecia |
Historical Information and/or Firm's Status
EX-MEMBERS / EX-POSITIONS:
|
|
Manzon |
Dino |
|
|
|
Born in TREVISO |
on 30/05/1946 |
- Fiscal Code : MNZDNI46E30L407U |
|
|
|
Residence : |
Vicolo |
G. DELEDDA |
, 12 |
- 31038 |
Paese |
(TV) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Toschi |
Stefania |
|
|
|
Born in Carpi |
on 04/03/1966 |
- Fiscal Code : TSCSFN66C44B819G |
|
|
|
Residence : |
Via |
Castelletto |
, 115 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Ex-Postions |
|
Vice-Chairman |
|
Director |
|
Managing Director |
|
Toschi |
Fabrizio |
|
|
|
Born in Carpi |
on 08/05/1945 |
- Fiscal Code : TSCFRZ45E08B819D |
|
|
|
Residence : |
Via |
G. La Pira |
, 33 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Board Chairman |
|
|
Fona |
Guido |
|
|
|
Born in Breganze |
on 31/05/1949 |
- Fiscal Code : FNOGDU49E31B132F |
|
|
|
Residence : |
Via |
Verdi |
, 12 |
- 36030 |
Fara Vicentino |
(VI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Morelli |
Vittorio |
|
|
|
Born in Conegliano |
on 03/11/1953 |
- Fiscal Code : MRLVTR53S03L424B |
|
|
|
Residence : |
Via |
Aliprandi |
, 60 |
- 31015 |
Conegliano |
(TV) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Farina |
Roberto |
|
|
|
Born in Breganze |
on 28/09/1946 |
- Fiscal Code : FRNRRT46P28B132M |
|
|
|
Residence : |
Via |
G. La Pira |
, 21 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Maglio |
Antonio |
|
|
|
Born in Salerno |
on 11/05/1945 |
- Fiscal Code : MGLNTN45E11I422M |
|
|
|
Residence : |
Via |
Binotto |
, 39 |
- 36016 |
Thiene |
(VI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Farina |
Gianbattista |
|
|
|
Born in Dueville |
on 22/10/1941 |
- Fiscal Code : FRNGBT41R22D379I |
|
|
|
Residence : |
Via |
Ungaretti |
, 16 |
- 36050 |
Quinto Vicentino |
(VI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Boccaletti |
Armando |
|
|
|
Born in Carpi |
on 18/08/1944 |
- Fiscal Code : BCCRND44M18B819K |
|
|
|
Residence : |
Via |
Divisione Julia 21 |
- 36043 |
Camisano Vicentino |
(VI) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
|
GRESELIN |
CRISTINA |
|
|
|
Born in THIENE |
on 15/10/1965 |
- Fiscal Code : GRSCST65R55L157A |
|
|
|
Residence : |
Via |
CAPOVILLA |
, 74 |
- 36030 |
Villaverla |
(VI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Temporary Auditor |
|
|
Turle |
Antonello |
|
|
|
Born in Breganze |
on 20/03/1966 |
- Fiscal Code : TRLNNL66C20L157L |
|
|
|
Residence : |
Via |
Castelletto |
, 115 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Prandi |
Fabio |
|
|
|
Born in Modena |
on 07/05/1963 |
- Fiscal Code : PRNFBA63E07F257R |
|
|
|
Residence : |
Via |
Madonna |
, 25 |
- 41011 |
Campogalliano |
(MO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Fabris |
Fabio |
|
|
|
Born in Thiene |
on 17/04/1967 |
- Fiscal Code : FBRFBA67D17L157D |
|
|
|
Residence : |
Via |
San Vincenzo |
, 32 |
- 36035 |
Marano Vicentino |
(VI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
ZANELLA |
ALFREDO |
|
|
|
Born in SCHIO |
on 10/07/1948 |
- Fiscal Code : ZNLLRD48L10L394R |
|
|
|
Residence : |
Via |
DONIZETTI |
, 10 |
- 36031 |
Dueville |
(VI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Director |
Protests
Protests checking on the subject firm has given a negative result.
Legal Procedures
None reported, standing to the latest received edition of the Official
Publications.
Immovables
*Subject to survey.
|
Immovable Type |
Value |
|
Real estates |
3.192.161 - Eur |
NB.: For Capital Companies the value of the Immovables is the one
reported in the latest available financial documents.
Financial and Economical Analysis
Subject is active since 1987
An eco-fin analysis has been made on the base od the b/s fo the years
2007, 2008 and 2009.
Under the financial profile unstable results are noted. ; in the last
financial year a loss was registered (r.o.e. -43,78%) The turnover is falling
if compared with the previous financial year (EFAT1E%).
The operating result is negative.
The operating result is negative (Eur. -1.129.400).
The GOM is negative and amounts to Eur. -922.040.
The analysis shows a fair financial position as the indebtedness volume
is acceptable (1,16) but with an increase as against the previous accounting
period.
The management generated equity capital for an amount of Eur. 3.543.196
, recording a -30,45% decrease.
During the last financial year debts totalled Eur. 4.870.869 (Eur.
702.614 of which were m/l term debts) on the same levels as the year before.
Moderate recourse to bank credit while the exposure towards suppliers is
rather high but lower than the field average.
It shows a good range of liquidity.
Accounts receivable average term is high (176,7 days). even if compared
to the average of the sector.
Cash flow is negative at the end of financial year 2009.
Subordinate employment cost is of Eur. 1.564.718, i.e. 23,82% on total
production costs. , whereas the incidence on sales revenues is of 29,31%.
The incidence percentage of financial charges on sales volume is equal
to -1,9%.
Financial Data
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
5.338.817 |
|
Profit (Loss) for the period |
-1.551.263 |
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
11.535.884 |
|
Profit (Loss) for the period |
92.946 |
|
|
|
Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
8.367.885 |
|
Profit (Loss) for the period |
-185.263 |
|
|
|
Complete balance-sheet for the year |
31/12/2006 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
6.438.071 |
|
Profit (Loss) for the period |
116 |
|
|
|
Complete balance-sheet for the year |
31/12/2005 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
3.918.681 |
|
Profit (Loss) for the period |
-88.444 |
Balance Sheets
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
- Balance Sheet as at 31/12/2008 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
- Balance Sheet as at 31/12/2007 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
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|
|
RATIOS |
Value Type |
as at 31/12/2009 |
as at 31/12/2008 |
as at 31/12/2007 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,44 |
0,38 |
0,18 |
0,14 |
|
Elasticity Ratio |
Units |
0,54 |
0,62 |
0,81 |
0,83 |
|
Availability of stock |
Units |
0,17 |
0,15 |
0,22 |
0,22 |
|
Total Liquidity Ratio |
Units |
0,37 |
0,47 |
0,59 |
0,55 |
|
Quick Ratio |
Units |
0,02 |
0,06 |
0,01 |
0,04 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
1,16 |
0,84 |
1,26 |
3,07 |
|
Self Financing Ratio |
Units |
0,35 |
0,42 |
0,37 |
0,19 |
|
Capital protection Ratio |
Units |
1,38 |
0,94 |
0,99 |
0,63 |
|
Liabilities consolidation quotient |
Units |
0,28 |
0,16 |
0,21 |
0,18 |
|
Financing |
Units |
1,37 |
1,04 |
1,45 |
3,74 |
|
Permanent Indebtedness Ratio |
Units |
0,47 |
0,49 |
0,48 |
0,35 |
|
M/L term Debts Ratio |
Units |
0,12 |
0,07 |
0,10 |
0,10 |
|
Net Financial Indebtedness Ratio |
Units |
0,69 |
0,08 |
0,43 |
0,68 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,08 |
1,30 |
2,67 |
2,15 |
|
Current ratio |
Units |
1,29 |
1,51 |
1,64 |
1,26 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,88 |
1,15 |
1,19 |
0,91 |
|
Structure's primary quotient |
Units |
0,81 |
1,13 |
2,09 |
1,24 |
|
Treasury's primary quotient |
Units |
0,04 |
0,15 |
0,03 |
0,07 |
|
Rate of indebtedness ( Leverage ) |
% |
281,82 |
235,92 |
264,30 |
522,89 |
|
Current Capital ( net ) |
Value |
1.227.936 |
2.536.819 |
2.338.312 |
420.263 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
- 25,20 |
1,61 |
- 1,21 |
3,40 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
- 43,78 |
1,82 |
- 6,67 |
6,99 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
- 46,48 |
3,31 |
- 0,46 |
23,56 |
|
Return on Investment ( R.O.I. ) |
% |
- 11,31 |
5,55 |
- 3,24 |
5,48 |
|
Return/ Sales |
% |
- 21,15 |
5,78 |
- 2,84 |
4,86 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
13,94 |
n.c. |
25,43 |
|
Cash Flow |
Value |
-1.345.403 |
185.463 |
-101.394 |
100.067 |
|
Operating Profit |
Value |
-1.129.400 |
666.857 |
-238.269 |
129.376 |
|
Gross Operating Margin |
Value |
-922.040 |
760.568 |
-153.950 |
197.492 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
176,70 |
110,29 |
154,15 |
128,44 |
|
Debts to suppliers average term |
Days |
114,93 |
131,16 |
106,09 |
151,43 |
|
Average stock waiting period |
Days |
117,08 |
56,50 |
69,91 |
65,66 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,53 |
0,96 |
1,14 |
1,19 |
|
Rate of stock return |
Units |
3,07 |
6,37 |
5,14 |
5,43 |
|
Labour cost incidence |
% |
29,31 |
14,62 |
17,58 |
18,22 |
|
Net financial revenues/ charges incidence |
% |
- 1,90 |
- 2,21 |
- 0,34 |
- 1,10 |
|
Labour cost on purchasing expenses |
% |
23,82 |
15,53 |
16,31 |
18,70 |
|
Short-term financing charges |
% |
4,42 |
5,13 |
3,07 |
2,51 |
|
Capital on hand |
% |
187,03 |
104,19 |
87,65 |
83,78 |
|
Sales pro employee |
Value |
144.292 |
349.572 |
309.921 |
213.359 |
|
Labour cost pro employee |
Value |
42.289 |
51.110 |
54.507 |
35.786 |
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:
160.000Eur.
Market / Territory Data
|
Population living in the province |
: |
831.356 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expenses 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 1.206 significant companies.
The companies cash their credits on an average of 128 dd.
The average duration of suppliers debts is about 151 dd.
The sector's profitability is on an average of 3,40%.
The labour cost affects the turnover in the measure of 18,22%.
Goods are held in stock in a range of 65 dd.
The difference between the sales volume and the resources used to
realize it is about 1,19.
The employees costs represent the 18,70% of the production costs.
Statistical Detrimental Data
The area is statistically considered lowly risky.
In the region 13.782 protested subjects are found; in the province they
count to 2.234.
The insolvency index for the region is 0,30, , while for the province it
is 0,27.
Total Bankrupt companies in the province : 2.546.
Total Bankrupt companies in the region : 16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.18 |
|
|
1 |
Rs.73.04 |
|
Euro |
1 |
Rs.61.43 |
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 |
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.