MIRA INFORM
REPORT
|
Report Date : |
15.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
NORDMECCANICA S.P.A |
|
|
|
|
Registered Office : |
Via Orsina, 16 16A 16B, 29100- Piacenza (PC) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
12.10.1978 |
|
|
|
|
Com. Reg. No.: |
PC032-4868 since 19/02/1996 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
General Mechanics |
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 : |
250.000 Eur |
|
Status : |
Good |
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Italy |
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
Nordmeccanica S.p.a.
Via Orsina, 16 16A 16B
29100 - Piacenza (PC) -IT-
Summary
|
Fiscal Code |
: |
00333340339 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
28/04/1980 |
|
Equity |
: |
Over 2.582.254 Eur |
|
Turnover Range |
: |
35.000.000/50.000.000 Eur |
|
Number of Employees |
: |
from 131 to 150 |
Credit Analysis
|
Credit Opinion |
: |
250.000 - Eur |
Activity
General mechanics
MANUFACTURE OF MACHINERY AND EQUIPMENT
N.E.C.
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 00333340339 |
|
Foreign Trade Reg. no. : PC004092 since
14/01/1992 |
|
Chamber of Commerce no. : 99115 of
Piacenza since 30/10/1978 |
|
Firms' Register : PC032-4868 since
19/02/1996 |
|
V.A.T. Code : 00333340339 |
|
Establishment date |
: 12/10/1978 |
|
|
Start of Activities |
: 28/04/1980 |
|
|
Legal duration |
: 31/12/2030 |
|
|
Nominal Capital |
: 5.450.000 |
Eur |
|
Subscribed Capital |
: 5.000.000 |
Eur |
|
Paid up Capital |
: 5.000.000 |
Eur |
Members
|
|
Cerciello |
Antonio |
|
|
|
Born in Marigliano |
(NA) |
on 01/01/1940 |
- Fiscal Code : CRCNTN40A01E955Q |
|
|
|
Residence : |
Via |
Santa Lucia |
, 39 |
- 80100 |
Napoli |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
23/01/2009 |
|
|
|
Director |
22/01/2009 |
|
|
|
Board Chairman |
22/01/2009 |
|
|
|
|
No Protests
registered |
|
|
Cerciello |
Vincenzo |
|
|
|
Born in Napoli |
(NA) |
on 08/11/1975 |
- Fiscal Code : CRCVCN75S08F839L |
|
|
|
Residence : |
Largo |
Matteotti |
, 16 |
- 29100 |
Piacenza |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
23/01/2009 |
|
|
|
Director |
22/01/2009 |
|
|
|
|
No Protests
registered |
|
|
Cerciello |
Alfredo |
|
|
|
Born in Napoli |
(NA) |
on 15/10/1977 |
- Fiscal Code : CRCLRD77R15F839N |
|
|
|
Residence : |
Via |
Santa Lucia |
, 39 |
- 80100 |
Napoli |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
23/01/2009 |
|
|
|
Director |
22/01/2009 |
|
|
|
Attorney with special power |
07/04/2003 |
|
|
|
|
No Protests registered |
|
|
Faziotti |
Marika |
|
|
|
Born in Piacenza |
(PC) |
on 04/09/1974 |
- Fiscal Code : FZTMRK74P44G535Y |
|
|
|
Residence : |
Via |
Breda |
, 27 |
- 29010 |
Monticelli d'Ongina |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
10/04/2008 |
|
|
|
|
No Protests
registered |
|
|
Ginanneschi |
Fabio |
|
|
|
Born in Piacenza |
(PC) |
on 06/02/1958 |
- Fiscal Code : GNNFBA58B06G535U |
|
|
|
Residence : |
Via |
Einstein Int. 2 |
, 7 |
- 29010 |
Monticelli d'Ongina |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
10/04/2008 |
|
|
|
|
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.
|
|
CERCIELLO |
ANTONIO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
CERFIN S.P.A. |
Piacenza (PC) - IT - |
01568980336 |
Sole Director |
Active |
Registered |
|
CMF OMAT SRL |
Piacenza (PC) - IT - |
01322680065 |
Sole Director |
Withdrawn |
Ceased |
|
COMIF - S.P.A. COSTRUZIONE MACCHINE
IMBALLAGGIO FLESSIBILE - |
Fisciano (SA) - IT - |
00296340656 |
Chairman |
Active |
Registered |
|
NORDTEC SRL |
Piacenza (PC) - IT - |
00189160336 |
Sole Director |
Withdrawn |
Ceased |
|
NORDTEC SRL |
Piacenza (PC) - IT - |
00189160336 |
Attorney with
special power |
Withdrawn |
Ceased |
|
P.P. S.R.L. PROMOTION PACKAGING |
Marigliano (NA) - IT - |
04482250638 |
Sole Director |
Withdrawn |
Ceased |
|
P.P. S.R.L. PROMOTION PACKAGING |
Marigliano (NA) - IT - |
04482250638 |
Liquidator |
Withdrawn |
Ceased |
|
POWER S.R.L. |
Piacenza (PC) - IT - |
01305850339 |
Attorney with
special power |
Withdrawn |
Ceased |
|
SAMP SRL |
Milano (MI) - IT - |
01532630173 |
Sole Director |
Withdrawn |
Ceased |
|
TECNOLOGIE E SISTEMI PER L'AUTOMAZIONE *
TESY S.R.L. |
Piacenza (PC) - IT - |
00927060335 |
Attorney with
special power |
Withdrawn |
Ceased |
|
TSI S.R.L. |
Piacenza (PC) - IT - |
01136540331 |
Sole Director |
Withdrawn |
Ceased |
|
|
CERCIELLO |
VINCENZO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
COPRA VOLLEY PIACENZA S.R.L. SOCIETA'
SPORTIVA DILETTANTISTICA |
Piacenza (PC) - IT - |
01377030331 |
Director |
Withdrawn |
Registered |
|
COPRA VOLLEY PIACENZA S.R.L. SOCIETA'
SPORTIVA DILETTANTISTICA |
Piacenza (PC) - IT - |
01377030331 |
Assistant board
Chairman |
Withdrawn |
Registered |
|
RISTORLAND S.R.L. |
Piacenza (PC) - IT - |
01456690336 |
Director |
Withdrawn |
Registered |
|
RISTORLAND S.R.L. |
Piacenza (PC) - IT - |
01456690336 |
Managing
Director |
Withdrawn |
Registered |
|
|
CERCIELLO |
ALFREDO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
CMF OMAT SRL |
Piacenza (PC) - IT - |
01322680065 |
Attorney with
special power |
Withdrawn |
Ceased |
|
COPRA VOLLEY PIACENZA S.R.L. SOCIETA'
SPORTIVA DILETTANTISTICA |
Piacenza (PC) - IT - |
01377030331 |
Director |
Withdrawn |
Registered |
|
NORDTEC SRL |
Piacenza (PC) - IT - |
00189160336 |
Sole Director |
Withdrawn |
Ceased |
|
NORDTEC SRL |
Piacenza (PC) - IT - |
00189160336 |
Attorney with
special power |
Withdrawn |
Ceased |
|
POWER S.R.L. |
Piacenza (PC) - IT - |
01305850339 |
Sole Director |
Withdrawn |
Ceased |
|
TECNOLOGIE E SISTEMI PER L'AUTOMAZIONE *
TESY S.R.L. |
Piacenza (PC) - IT - |
00927060335 |
Sole Director |
Withdrawn |
Ceased |
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 |
|
Cerciello Alfredo |
Napoli - IT - |
CRCLRD77R15F839N |
5.000 .Eur |
0,10 |
|
Cerfin S.a. |
|
|
4.995.000 .Eur |
99,90 |
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 |
|
Tecnologie E Sistemi Per L'automazione *
Tesy S.r.l. |
Piacenza - IT - |
00927060335 |
516.456 .Eur |
100,00 |
22/03/1999 |
|
Ceased |
|
CMF OMAT SRL |
Piacenza - IT - |
01322680065 |
516.456 .Eur |
100,00 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the
firm uses the following locations:
|
- |
Legal and
operative seat |
(Factory ) |
since 08/05/1980 |
|
|
|
|
|
Via |
Orsina 16 |
, 16A 16B |
- 29100 |
- Piacenza |
(PC) |
- IT - |
|
|
|
|
PHONE |
: 0523/596411 |
|
|
|
|
FAX |
: 0523/612051 |
|
- |
Branch |
(Factory ) |
since 12/10/2004 |
|
|
|
|
|
Via |
I^ Maggio |
, 91/93 Loc. CASONI DI GARIGA |
- 29027 |
- Podenzano |
(PC) |
- IT - |
|
|
|
|
Employees |
: 145 |
|
Fittings and Equipment for a value of
360.000 |
Eur |
|
Stocks for a value of 4.760.000 |
Eur |
|
Furniture and fittings for a value of
36.000 |
Eur |
|
Vehicles for a value of 100.000 |
Eur |
The firm has a direct commercial
organization
Sales are mainly addressed to Northern Italy
|
|
The firm operates abroad as importer /
exporter. .
To purchase foreign products the firm uses
the following channels :
|
- national or foreign important buyers |
|
- direct orders to foreign companies |
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 |
Import comes generally from the following
nations:
|
- Gran Bretagna |
|
- Francia |
Historical Information and/or Firm's Status
CHANGES TO THE
LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Limited liability company |
Joint stock company |
18/03/1981 |
EX-MEMBERS /
EX-POSITIONS:
|
|
Gasparini Fausto
|
|
|
|
|
Born in Piacenza |
on 19/10/1941 |
- Fiscal Code : GSPFST41R19G535R |
|
Ex-Postions |
|
Sole Director |
|
|
Italia |
Paolo |
|
|
|
Born in Piacenza |
on 23/02/1943 |
- Fiscal Code : TLIPLA43B23G535P |
|
|
|
Residence : |
Via |
Tempio |
, 34 |
- 29100 |
Piacenza |
(PC) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Temporary Auditor |
|
|
Affaticati |
Aurora |
|
|
|
Born in Montevideo |
on 24/05/1951 |
- Fiscal Code : FFTRRA51E64Z613N |
|
|
|
Residence : |
Via |
Nino Corvi |
, 5 |
- 29100 |
Piacenza |
(PC) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
Permanent Auditor |
|
|
Rebecchi |
Curzio |
|
|
|
Born in Monticelli d'Ongina |
on 03/01/1939 |
- Fiscal Code : RBCCRZ39A03F671W |
|
|
|
Residence : |
Via |
Circonvallazione Nuova |
, 5 |
- 29010 |
Monticelli d'Ongina |
(PC) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
Permanent Auditor |
|
|
Giuffrida |
Filippo |
|
|
|
Born in Piacenza |
on 18/12/1960 |
- Fiscal Code : GFFFPP60T18G535K |
|
|
|
Residence : |
Via |
Veneto |
, 42 |
- 29100 |
Piacenza |
(PC) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Truffelli |
Giuseppe |
|
|
|
Born in Castel San Giovanni |
on 03/10/1968 |
- Fiscal Code : TRFGPP68R03C261P |
|
|
|
Residence : |
Vicolo |
Pantalini |
, 20 |
- 29100 |
Piacenza |
(PC) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Cerciello |
Antonio |
|
|
|
Born in Marigliano |
on 01/01/1940 |
- Fiscal Code : CRCNTN40A01E955Q |
|
|
|
Residence : |
Via |
Santa Lucia |
, 39 |
- 80100 |
Napoli |
(NA) |
- IT - |
|
Ex-Postions |
|
Sole Director |
|
|
Cerciello |
Vincenzo |
|
|
|
Born in Napoli |
on 08/11/1975 |
- Fiscal Code : CRCVCN75S08F839L |
|
|
|
Residence : |
Largo |
Matteotti |
, 16 |
- 29100 |
Piacenza |
(PC) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
CERCIELLO |
ANTONIO |
|
|
|
Born in MARIGLIANO |
on 01/01/1940 |
- Fiscal Code : CRCNTN40A01E955Q |
|
|
|
Residence : |
Via |
SANTA LUCIA |
, 39 |
- 80100 |
NAPOLI |
(NA) |
- IT - |
|
Ex-Postions |
|
Sole Director |
|
|
Moroni |
Laura |
|
|
|
Born in Piacenza |
on 11/01/1962 |
- Fiscal Code : MRNLRA62A51G535C |
|
|
|
Residence : |
Via |
Fulgosio |
, 21 |
- 29100 |
Piacenza |
(PC) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Cerciello |
Alfredo |
|
|
|
Born in Napoli |
on 15/10/1977 |
- Fiscal Code : CRCLRD77R15F839N |
|
|
|
Residence : |
Via |
Santa Lucia |
, 39 |
- 80100 |
Napoli |
(NA) |
- IT - |
|
Ex-Postions |
|
Managing Director |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of
merging by taking over of |
|
|
|
|
|
|
|
Strada |
Dell'orsina |
, 16 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
|
Fiscal Code: 01305850339 |
|
|
|
Date |
Merging/splitting-up project : |
25/06/2004 |
|
|
The firm
absorbed by merging of |
|
|
|
|
|
|
|
Strada |
Dell'orsina |
, 16 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
|
Fiscal Code: 01305850339 |
|
|
|
Date |
: |
14/12/2004 |
|
|
The firm
absorved |
|
|
|
|
|
|
|
Strada |
Dell'orsina |
, 16 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
|
Fiscal Code: 00189160336 |
|
|
|
Date |
: |
14/12/2004 |
|
|
The firm
absorved |
|
|
|
|
|
|
|
Via |
Bresciani |
, 7 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
|
Fiscal Code: 00927060335 |
|
|
|
Date |
: |
14/12/2004 |
|
|
The firm
absorved |
|
|
|
|
|
|
|
Strada |
Dell'orsina |
, 16 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
|
Fiscal Code: 01305850339 |
|
|
|
Date |
: |
14/12/2004 |
|
|
The firm
absorved |
|
|
|
|
|
|
|
Via |
Orsina |
, 16 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
|
Fiscal Code: 01136540331 |
|
|
|
Date |
: |
14/12/2004 |
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.
Financial and Economical Analysis
Company's starting of activities dates back
to 1980.
An eco-fin analysis has been made on the
base od the b/s fo the years 2007, 2008 and 2009.
Under an economic point of view, profits
were registered during the last years with a r.o.e. of 2,84% in 2009
The operating result was positive in the
last financial year (3,34%) falling within the field's average.
The amount of the operating result is equal
to Eur. 1.010.990 recording a drop as opposed to the year before (-34,26%).
The G.O.M. amounted to Eur. 1.528.374
showing a drop (-24,14%).
Company's financial status is balanced since
indebtedness is not high (1,74) and decreasing as against 2008.
With regard to equity capital, an amount of
Eur. 7.467.071 is registered. , unchanged if compared to 2008.
Total indebtedness was equal to Eur.
21.295.799 (Eur. 3.815.872 was the value of m/l term debts) , a more or less
stable value.
Financial indebdtedness is under control
whereas debts to suppliers are frequent even if it still falls within the
sector's average.
Liquidity is however good.
Trade credits average terms are slow, on
average 123,57 days. but in line with the sector.
2009 financial year closed with a cash flow
of Eur. 729.417
Subordinate employment cost is of Eur.
6.627.923, i.e. 18,41% on total production costs. , with a 18,14% incidence on
turnover.
The financial management has a limited
economic impact, equal to -0,73% on the sales.
Financial Data
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
36.544.124 |
|
Profit (Loss) for the period |
212.033 |
|
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
43.825.143 |
|
Profit (Loss) for the period |
796.726 |
|
|
|
Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
47.258.091 |
|
Profit (Loss) for the period |
588.865 |
|
|
|
Complete balance-sheet for the year |
31/12/2006 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
41.881.571 |
|
Profit (Loss) for the period |
358.774 |
|
|
|
Complete balance-sheet for the year |
31/12/2005 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
37.515.332 |
|
Profit (Loss) for the period |
-741.847 |
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 |
0,20 |
0,20 |
0,20 |
0,15 |
|
Elasticity Ratio |
Units |
0,78 |
0,77 |
0,77 |
0,82 |
|
Availability of stock |
Units |
0,16 |
0,29 |
0,23 |
0,17 |
|
Total Liquidity Ratio |
Units |
0,63 |
0,48 |
0,54 |
0,60 |
|
Quick Ratio |
Units |
0,15 |
0,10 |
0,19 |
0,05 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
1,74 |
2,10 |
2,26 |
2,84 |
|
Self Financing Ratio |
Units |
0,25 |
0,24 |
0,20 |
0,19 |
|
Capital protection Ratio |
Units |
0,30 |
0,20 |
0,13 |
0,63 |
|
Liabilities consolidation quotient |
Units |
0,29 |
0,19 |
0,21 |
0,18 |
|
Financing |
Units |
2,85 |
2,86 |
3,67 |
3,63 |
|
Permanent Indebtedness Ratio |
Units |
0,41 |
0,36 |
0,33 |
0,37 |
|
M/L term Debts Ratio |
Units |
0,17 |
0,12 |
0,13 |
0,10 |
|
Net Financial Indebtedness Ratio |
Units |
0,07 |
0,00 |
0,00 |
0,28 |
|
CORRELATION |
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|
|
|
|
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Fixed assets ratio |
Units |
2,05 |
1,76 |
1,67 |
2,07 |
|
Current ratio |
Units |
1,36 |
1,23 |
1,19 |
1,31 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,08 |
0,77 |
0,84 |
0,99 |
|
Structure's primary quotient |
Units |
1,22 |
1,18 |
0,99 |
1,23 |
|
Treasury's primary quotient |
Units |
0,26 |
0,17 |
0,29 |
0,08 |
|
Rate of indebtedness ( Leverage ) |
% |
405,71 |
407,33 |
495,17 |
516,03 |
|
Current Capital ( net ) |
Value |
6.214.374 |
4.339.564 |
4.077.616 |
383.270 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
2,00 |
2,90 |
2,47 |
4,51 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
2,84 |
10,98 |
9,11 |
10,87 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
9,95 |
21,47 |
24,44 |
31,72 |
|
Return on Investment ( R.O.I. ) |
% |
3,34 |
5,20 |
6,70 |
6,95 |
|
Return/ Sales |
% |
2,77 |
3,50 |
4,53 |
5,82 |
|
Extra Management revenues/charges incid. |
% |
20,97 |
51,80 |
27,47 |
36,77 |
|
Cash Flow |
Value |
729.417 |
1.273.634 |
1.169.914 |
134.001 |
|
Operating Profit |
Value |
1.010.990 |
1.537.986 |
2.143.214 |
162.511 |
|
Gross Operating Margin |
Value |
1.528.374 |
2.014.894 |
2.724.263 |
245.458 |
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MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
123,57 |
69,66 |
69,94 |
130,15 |
|
Debts to suppliers average term |
Days |
198,03 |
142,38 |
140,11 |
160,21 |
|
Average stock waiting period |
Days |
46,87 |
70,38 |
56,05 |
51,44 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,21 |
1,48 |
1,47 |
1,22 |
|
Rate of stock return |
Units |
7,68 |
5,11 |
6,42 |
6,86 |
|
Labour cost incidence |
% |
18,14 |
15,74 |
14,20 |
18,01 |
|
Net financial revenues/ charges incidence |
% |
- 0,73 |
- 0,37 |
- 1,31 |
- 0,96 |
|
Labour cost on purchasing expenses |
% |
18,41 |
16,62 |
14,41 |
18,88 |
|
Short-term financing charges |
% |
1,70 |
0,79 |
2,61 |
2,20 |
|
Capital on hand |
% |
82,90 |
67,43 |
67,67 |
81,27 |
|
Sales pro employee |
Value |
266.745 |
203.837 |
226.115 |
205.161 |
|
Labour cost pro employee |
Value |
48.379 |
32.085 |
32.113 |
36.334 |
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:
250.000Eur.
Market / Territory Data
|
Population living in the province |
: |
|
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Population living in the region |
: |
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Number of families in the region |
: |
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Monthly family expenses average in the
region (in Eur.) :
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- per food products |
: |
|
|
- per non food products |
: |
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|
- per energy consume |
: |
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Sector Data
The values are calculated on a base of 472
significant companies.
The companies cash their credits on an
average of 130 dd.
The average duration of suppliers debts is
about 160 dd.
The sector's profitability is on an average
of 4,51%.
The labour cost affects the turnover in the
measure of 18,01%.
Goods are held in stock in a range of 51 dd.
The difference between the sales volume and
the resources used to realize it is about 1,22.
The employees costs represent the 18,88% of
the production costs.
Statistical Detrimental Data
The area is statistically considered lowly
risky.
In the region 18.860 protested subjects are
found; in the province they count to 804.
The insolvency index for the region is 0,46,
, while for the province it is 0,30.
Total Bankrupt companies in the province :
915.
Total Bankrupt companies in the region :
14.698.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.53 |
|
UK Pound |
1 |
Rs.71.80 |
|
Euro |
1 |
Rs.63.15 |
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.