MIRA INFORM REPORT
|
Report Date : |
15.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
ALMATRICHI S.L. |
|
|
|
|
Registered Office : |
Calle General Moscardo, 37, 28020 Madrid |
|
|
|
|
Country : |
spain |
|
|
|
|
Financials (as on) : |
31.12.2008 |
|
|
|
|
Date of Incorporation : |
31.03.1995 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Retail sale of clothes |
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 : |
34.089,00 € |
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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
ALMATRICHI S.L.
TAX NUMBER: B81165060
Company situation: Active
EXECUTIVE SUMMARY
Identification
Current Business Name: ALMATRICHI S.L.
Commercial name: ALMATRICHI
Other names: YES
Current Address: CALLE GENERAL MOSCARDO, 37
Branches: 3
Telephone number: 915345140 Fax: 915561558
URL: www.almatrichi.com
Corporate e-mail: almatrichi@almatrichi.com
Trade Risk
Credit Appraisal: 34.089,00 €
Incidents: YES
R.A.I.: NO
Bank and business defaults of payment - ASNEF EMPRESAS: NO
Financial Information
Latest sales known (2009): 5.002.874,44
€ (Own Sources)
Balance sheet latest sales (2008): 3.385.073,10 € (Trade Register)
Result: 29.898,94 €
Total Assets: 740.570,67 €
Social Capital: 63.106,27 €
Employees: 20
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 31/03/1995
Activity: Retail sale of clothes
NACE 2009 CODE: 4771
International Operations: Imports
Corporate Structure
President:
Other Complementary Information
Latest filed accounts published in the Mercantile Register: 2009
Type of Accounts available at the Mercantile Register: Individuals
Latest act published in BORME: 22/11/2010 Annual Filed Accounts
Latest press article: No press articles registered for this
company
Bank Entities: There are
The date when this report was last updated is 14/06/2011.
The information contained in this report has been investigated and
contrasted on 14/06/2011
Credit Appraisal
Maximum Credit
(from 0 to 6,000,000
€)
Favourable to 34.089,00 €
Financial Situation
Exercise:2008
|
Treasury |
Average |
|
Indebtedness |
Average |
|
Profitability |
Average |
|
Balance |
Excellent |
Performance
|
Incidents |
None or Negligible |
|
Business
Trajectory |
Good |
INCIDENTS
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: 1 ( Last:10/02/2005 )
|
|
|
|
|
With the Social Security: |
0 |
|
|
With the Tax Authorities: |
0 |
|
|
With Other Official bodies: |
1 |
|
AFFECTED BY: No significant element.
Latest
Administrative Claims
Figures expressed in €
WITH OTHER OFFICIAL BODIES.
Seizures
|
DATE |
ORGANIZATION |
AMOUNT |
|
10/02/2005 |
TOWN/ CITY HALL DE MADRID |
|
There are 1 administrative claims with Other Official bodies
registered
Detail of the Latest Administrative Claims
Figures expressed in €
Seizures
WITH OTHER OFFICIAL BODIES.
Phase: SEIZURE
Organization: TOWN/ CITY HALL DE MADRID
Concept: Taxes
Date of the claim: 10/02/2005
Source: Published in the Gazette of MADRID Appendix 02, on 05/04/2005, page 310
BANK AND BUSINESS DEFAULTS OF
PAYMENT - ASNEF EMPRESAS
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
09/06/2011 08:06:29
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
The shaded amounts in the following financial statements have been converted to the norms established in the PGC2007 derived from RD 1514/2007 and 1515/2007, this way comparatives could be shown with the amounts of exercises initiated from 1/01/08.
Figures given in €
|
|
31/12/2008 (12) BALANCE SHEET |
% ASSETS |
31/12/2007 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
A) NON CURRENT ASSETS |
96.331,49 |
13,01 |
143.032,02 |
20,12 |
|
B) CURRENT ASSETS |
644.239,18 |
86,99 |
568.004,89 |
79,88 |
|
LIABILITIES |
|
|
|
|
|
A) NET WORTH |
148.363,51 |
20,03 |
118.464,57 |
16,66 |
|
B) NON CURRENT LIABILITIES |
|
|
16.528,20 |
2,32 |
|
C) CURRENT LIABILITIES |
592.207,16 |
79,97 |
576.044,14 |
81,01 |
Profit and Loss
Account Analysis
Figures given in €
|
|
2009 OWN SOURCES |
31/12/2008 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2007 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
5.002.874,44 |
3.385.073,10 |
|
2.134.695,64 |
|
|
GROSS MARGIN |
|
1.526.594,74 |
45,10 |
923.503,38 |
43,26 |
|
EBITDA |
|
105.068,43 |
3,10 |
40.903,57 |
1,92 |
|
EBIT |
|
70.159,26 |
2,07 |
28.034,08 |
1,31 |
|
NET RESULT |
117.336,13 |
29.898,94 |
0,88 |
19.756,44 |
0,93 |
|
EFFECTIVE TAX RATE (%) |
|
25,00 |
|
25,00 |
|
COMPARATIVE SECTOR ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2008) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|
|
|
|
A) NON CURRENT ASSETS |
13,01 |
43,50 |
-30,49 |
|
A) CURRENT ASSETS |
86,99 |
56,50 |
30,49 |
|
LIABILITIES |
|
|
|
|
A) NET WORTH |
20,03 |
46,55 |
-26,52 |
|
B) NON CURRENT LIABILITIES |
|
14,56 |
|
|
C) CURRENT LIABILITIES |
79,97 |
38,89 |
41,08 |
|
|
|
|
|
|
|
COMPANY (2008) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
SALES |
100,00 |
98,30 |
1,70 |
|
GROSS MARGIN |
45,10 |
38,85 |
6,25 |
|
EBITDA |
3,10 |
6,20 |
-3,10 |
|
EBIT |
2,07 |
3,72 |
-1,65 |
|
NET RESULT |
0,88 |
2,36 |
-1,48 |
Sector Composition
Compared sector (NACE 2009): 4771
Number of companies: 122
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 |
117.336,13 |
Legal Reserve |
0,00 |
|
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 |
0,00 |
|
Total of Amounts to be distributed |
117.336,13 |
Dividends |
0,00 |
|
|
|
Carry over and others |
117.336,13 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
117.336,13 |
copmany ADDRESSES
Current Legal Seat Address:
CALLE GENERAL MOSCARDO, 37
28020 MADRID
Previous Seat Address:
AVENIDA ALBERTO ALCOCER 13
28036 MADRID
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
PASEO CASTELLANA, 167 |
28046 |
MADRID |
Madrid |
|
CALLE MARTIRES DE PARACUELLOS, 14 |
28020 |
MADRID |
Madrid |
|
CALLE NUŃEZ DE BALBOA, 28 |
28001 |
MADRID |
Madrid |
There are 3 branches registered
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
|
|
|
|
|
|
Distribution of the administration board |
|
|
Governing body : 9 members (latest change:
05/01/2010) Other Positions : 3 (latest change: 01/06/2009) Operative Board Members : 3 (latest change: 30/10/2009) Non-current positions : 3 (latest change: 05/01/2010) |
|
|
Main Board
members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
PRESIDENT |
VEGA QUEVEDO, FRANCISCO |
05/01/2010 |
|
MANAGING DIRECTOR |
VEGA GARCIA DONAS, MARIA |
05/01/2010 |
|
MANAGING DIRECTOR |
VEGA GARCIA DONAS, MARIA DOLORES |
05/01/2010 |
|
MEMBER OF THE BOARD |
GARCIA DONAS ABRIL, MARIA JOSE |
05/01/2010 |
|
|
|
|
There are 12 board members, directors and auditors registered
|
POSITION |
NAME AND SURNAME |
|
Manager |
VEGA QUEVEDO, FRANCISCO |
|
Financial Manager |
VEGA QUEVEDO, FRANCISCO |
|
Commercial Director |
LOYA, VEGA |
FINANCIAL LINKS
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
VEGA QUEVEDO FRANCISCO |
|
50,00 |
OWN SOURCES |
14/06/2011 |
|
|
GARCIA DONAS ABRIL MARIA JOSE |
|
50,00 |
OWN SOURCES |
30/10/2009 |
There are 2 direct financial links through shareholders
registered
POTENTIAL LINKS
Search for Link by
Administrator
Search Criterion: ”FRANCISCO VEGA QUEVEDO”
|
COMPANY |
POSITION |
PROVINCE |
|
TIENDAS INGLESAS S.L. |
Administrador Único |
MADRID |
|
CLACO TRADING SL |
Administrador |
MADRID |
In case you need more information you can request:Board Members
Monitoring
Search Criterion: ”ALMATRICHI”
URL: www.almatrichi.com
Almatrichi
URL: www.realeventos.tv
Almatrichi | vestidos, tops, camisas y ropa para mujer | Madrid ... Almatrichi
| vestidos, tops, camisas y ropa para mujer | Madrid, Barcelona, Valencia,
Sevilla, Málaga | imágenes | Real Eventos TV.
URL: globedia.com
Almatrichi Summer 2011 7 Feb 2011 ... La firma espańola Almatrichi
en su ánimo por sorprender a la mujer que la viste, ha creado una colección
para el próximo verano donde el ...
URL: www.estelepatia.com
Almatrichi primavera 2011 8 Feb 2011 ... Los minivestidos son
los protagonistas absolutos de la colección primavera – verano de
Almatrichi. En colores vivos o apagados –sin ...
URL: www.todo-tiendas.com
Almatrichi - Directorio de Tiendas Almatrichi Almatrichi
- Encuentra tu tienda Almatrichi - Directorio de Tiendas.
BUSINESS INFORMATION
Incorporation date: 31/03/1995
Activity: Retail sale of clothes
NACE 2009 CODE: 4771
NACE 2009 Activity: Retail sale of clothing in specialised
stores
Business: DISTRIBUCION, ASISTENCIA TECNICA, MARKETING Y
COMERCIALIZACION DE PRODUCTOS TEXTILES ALIMENTARIOS, COSMETICOS Y COMPLEMENTOS
DE LA PERSONA, DEL HOGAR, DE HOTELES E INSTITUCIONES.
Latest employees figure: 20 (2011)
COMMERCIAL OPERATIONS
PURCHASES
Import Percentage: 100%
Imports from: Inglatera
SALES
Cash collections: 100%
Local Distribution: 100%
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
DEUTSCHE BANK, S.A.E. |
|
|
MADRID |
|
There are 1 bank entities registered
Brand name: ALMATRICHI (Valid)
Type: JOINT Scope: NATIONAL Date: 19/08/2008
Brand name: INNOCENCE (Valid)
Type: DENOMINATIVE Scope: COMMUNITARY
Date: 14/04/2005
There are 4 brands, signs and commercial names
LEGAL STRUCTURE
Constitution Data
Register Date: 31/03/1995
Register town: Madrid
Announcement number: 178221
Social Capital: 30.050,61 €
Legal form: Limited Liability Company
Social Capital: 63.106,27 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2009)
B.O.R.M.E.
(OFFICIAL COMPANIES
REGISTRY GAZETTE)
· Acts on activity: 0
·
Acts on administrators: 7 (Last:
05/01/2010, first: 15/06/1995)
·
Acts on capital: 1 (Last: 11/07/2002)
·
Acts on creation: 1 (Last: 15/06/1995)
·
Acts on filed accounts: 15 (Last:
22/11/2010, first: 12/06/1997)
·
Acts on identification: 1 (Last: 30/03/2005)
·
Acts on Information: 4 (Last:
05/01/2010, first: 11/07/2002)
Latest acts in
B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Modification of the Articles of Association |
05/01/2010 |
3475 |
Madrid |
|
Appointments |
05/01/2010 |
3475 |
Madrid |
|
Resignations |
05/01/2010 |
3475 |
Madrid |
|
Appointments |
01/06/2009 |
248866 |
Madrid |
|
Change of registered address |
30/03/2005 |
144251 |
Madrid |
|
Modification of the Articles of Association |
30/03/2005 |
144251 |
Madrid |
|
Modification of the Articles of Association |
11/07/2002 |
298114 |
Madrid |
|
Capital enlargement |
11/07/2002 |
298114 |
Madrid |
Latest filed accounts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Annual Filed Accounts (2009) |
22/11/2010 |
1068055 |
Madrid |
|
Annual Filed Accounts (2008) |
06/10/2009 |
598245 |
Madrid |
|
Annual Filed Accounts (2007) |
13/10/2008 |
853693 |
Madrid |
There are 29 acts registered
Press
articles
No press articles registered for this company
Complementary
Information
Financial Information
El balance del Registro Mercantil cerrado a 31/12/2009 (Depósito 2009)
esta disponible en INFORMA, pero no ha sido cargado por presentar en sus
cuentas la siguiente anomalía: La partida Otras deudas a largo plazo esta
incorrectamente presentada con importe negativo.
FINANCIAL
INFORMATION
The information on the last account contained in this report is extracted from the Mercantile Register file of the legal address of the Company and dated 14/01/2010.
The shaded amounts in the following financial statements have been converted to the norms established in the PGC2007 derived from RD 1514/2007 and 1515/2007, this way comparatives could be shown with the amounts of exercises initiated from 1/01/08.
This theoretical conversion exercise has been carried out from the financial statements contained in the accounting information presented on the Trade Register, and elaborated under the accounting norms and principles collected in PGC90 derived from RD 1643/1990, not taking into account any other type of information; for this reason the conversion exercise could include certain inaccuracies.
SITUATION BALANCE-SHEET
Assets
Figures given in €
|
|
31/12/2008 (12) |
% ASSETS |
31/12/2007 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
96.331,49 |
13,01 |
143.032,02 |
20,12 |
|
I. Intangible assets |
5.781,00 |
0,78 |
8.362,56 |
1,18 |
|
II. Tangible fixed assets |
84.050,49 |
11,35 |
94.648,22 |
13,31 |
|
III. Real-estate investments |
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
|
|
40.021,24 |
5,63 |
|
V. Long Term Financial Investments |
6.500,00 |
0,88 |
|
|
|
VI. Assets by deferred taxes |
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
B) CURRENT ASSETS |
644.239,18 |
86,99 |
568.004,89 |
79,88 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
II. Stocks |
381.949,73 |
51,58 |
340.544,00 |
47,89 |
|
III. Trade Debtors and other receivable accounts |
109.188,84 |
14,74 |
185.890,98 |
26,14 |
|
1. Clients |
109.188,84 |
14,74 |
|
|
|
b) Clients for sales and short term services
rendering |
109.188,84 |
14,74 |
|
|
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
|
V. Short term financial investments |
|
|
|
|
|
VI. Short term periodifications |
|
|
|
|
|
VII. Cash and equivalents |
153.100,61 |
20,67 |
41.569,91 |
5,85 |
|
TOTAL ASSETS (A + B) |
740.570,67 |
100,00 |
711.036,91 |
100,00 |
Net Worth and
Liabilities
Figures given in €
|
|
31/12/2008 (12) |
% ASSETS |
31/12/2007 (12) |
% ASSETS |
|
A) NET WORTH |
148.363,51 |
20,03 |
118.464,57 |
16,66 |
|
A-1) Equity |
148.363,51 |
20,03 |
118.464,57 |
16,66 |
|
I. Capital |
63.106,27 |
8,52 |
63.106,27 |
8,88 |
|
1. Authorized capital |
63.106,27 |
8,52 |
63.106,27 |
8,88 |
|
II. Issue premium |
|
|
|
|
|
III. Reserves |
55.358,30 |
7,48 |
35.601,86 |
5,01 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
V. Results from previous years |
|
|
|
|
|
VI. Other loans from partners |
|
|
|
|
|
VII. Exercise Result |
29.898,94 |
4,04 |
19.756,44 |
2,78 |
|
VIII. (Interim dividend) |
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
|
|
16.528,20 |
2,32 |
|
I. Long term provisions |
|
|
|
|
|
II. Long term debts |
|
|
|
|
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
IV. Liabilities by deferred taxes |
|
|
|
|
|
V. Long term periodifications |
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
C) CURRENT LIABILITIES |
592.207,16 |
79,97 |
576.044,14 |
81,01 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
III. Short term debts |
2.482,49 |
0,34 |
|
|
|
3. Other short term debts |
2.482,49 |
0,34 |
|
|
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
V. Trade creditors and other payable accounts |
589.724,67 |
79,63 |
|
|
|
2. Other creditors |
589.724,67 |
79,63 |
|
|
|
VI. Short term periodifications |
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
740.570,67 |
100,00 |
711.036,91 |
100,00 |
Alerts associated to the conversion to PGC2007
The Valuation norms applicable to
“Short Term Creditors” have changed and, for this reason, the conversion of
financial statements of the formulation exercise of the accounts to PGC2007
could include notable inaccuracies.
PROFIT AND LOSS ACCOUNT
Figures given in €
|
|
31/12/2008 (12) |
%OPERATING INCOME |
31/12/2007 (12) |
%OPERATING INCOME |
|
1. Net Turnover |
3.385.073,10 |
100,00 |
2.134.695,64 |
99,12 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
4. Supplies |
-1.858.478,36 |
-54,90 |
-1.230.107,31 |
-57,12 |
|
5. Other operating income |
|
|
18.915,05 |
0,88 |
|
6. Labour cost |
-418.730,49 |
-12,37 |
-335.176,32 |
-15,56 |
|
7. Other operating costs |
-1.004.300,55 |
-29,67 |
-547.423,49 |
-25,42 |
|
8. Amortization of fixed assets |
-34.909,17 |
-1,03 |
-12.869,49 |
-0,60 |
|
9. Allocation of subventions on non financial investments and other |
1.504,73 |
0,04 |
|
|
|
10. Provisions excess |
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
|
|
|
|
|
12. Negative difference of business combinations |
|
|
|
|
|
13. Other results |
|
|
|
|
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) |
70.159,26 |
2,07 |
28.034,08 |
1,30 |
|
14. Financial income |
5.331,35 |
0,16 |
281,33 |
0,01 |
|
b) Other financial income |
5.331,35 |
0,16 |
281,33 |
0,01 |
|
15. Financial expenses |
-1.113,29 |
-0,03 |
-1.973,49 |
-0,09 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
17. Exchange differences |
1.487,94 |
0,04 |
|
|
|
18. Deterioration and result for disposal of financial instruments |
-36.000,00 |
-1,06 |
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-30.294,00 |
-0,89 |
-1.692,16 |
-0,08 |
|
C) RESULT BEFORE TAXES (A + B) |
39.865,26 |
1,18 |
26.341,92 |
1,22 |
|
20. Taxes on profits |
-9.966,32 |
-0,29 |
-6.585,48 |
-0,31 |
|
D) EXERCISE RESULT (C + 20) |
29.898,94 |
0,88 |
19.756,44 |
0,92 |
NET WORTH CHANGES STATUS
Status of recognized income and expenses
For the financial statements presented under the SME’s model (PYMES), the ‘Net Worth Changes Status’ is formed by a single table. For the rest of the cases there would be shown the two tables corresponding to the mentioned status with the exception of the company not having operations reflected in the ‘Status of recognized income and expenses’ and that, for this reason, it has no data.
Total net worth changes status
Figures given in €
|
NET WORTH CHANGES ( 1 /1) |
AUTHORIZED CAPITAL |
RESERVES |
EXERCISE RESULT |
TOTAL |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
63.106,27 |
35.601,86 |
19.756,44 |
118.464,57 |
|
I. Adjustments by change of criteria in the exercise (2007) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2007) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
63.106,27 |
35.601,86 |
19.756,44 |
118.464,57 |
|
I. Total recognized income and expenses |
|
|
29.898,94 |
29.898,94 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
19.756,44 |
-19.756,44 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
63.106,27 |
55.358,30 |
29.898,94 |
148.363,51 |
RATIOS
|
|
31/12/2008 (12) |
CHANGE % |
31/12/2007 (12) |
|
BALANCE RATIOS |
|||
|
Working Capital (€) |
52.032,02 |
747,22 |
-8.039,25 |
|
Working capital ratio |
0,07 |
800,00 |
-0,01 |
|
Soundness Ratio |
1,54 |
85,54 |
0,83 |
|
Average Collection Period (days) |
12 |
-63,22 |
31 |
|
Average Payment Period (days) |
74 |
|
|
|
LIQUIDITY RATIOS |
|||
|
Current Ratio (%) |
108,79 |
10,33 |
98,60 |
|
Quick Ratio (%) |
25,85 |
258,03 |
7,22 |
|
DEBT RATIOS |
|||
|
Borrowing percentage (%) |
0,34 |
|
|
|
External Financing Average Cost |
0,45 |
|
|
|
Debt Service Coverage |
0,04 |
|
|
|
Interest Coverage |
63,02 |
343,49 |
14,20 |
|
GENERAL AND ACTIVITIES RATIOS |
|||
|
Auto financing generated by sales (%) |
1,92 |
25,49 |
1,53 |
|
Auto financing generated by Assets (%) |
8,75 |
90,63 |
4,59 |
|
Breakdown Point |
1,02 |
0,99 |
1,01 |
|
Assets Turnover |
4,57 |
52,33 |
3,00 |
|
Inventory Turnover (days) |
74 |
-25,63 |
100 |
|
RESULTS RATIOS |
|||
|
Return on Assets (ROA) (%) |
9,47 |
140,36 |
3,94 |
|
Operating Profitability (%) |
14,19 |
146,78 |
5,75 |
|
Return on Equity (ROE) (%) |
26,87 |
20,82 |
22,24 |
SECTORIAL ANALYSIS
Balance Sheet and Financial Balance
Figures expressed in %
|
|
COMPANY (2008) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
13,01 |
43,50 |
-30,49 |
|
A) CURRENT ASSETS |
86,99 |
56,50 |
30,49 |
|
LIABILITIES |
|||
|
A) NET WORTH |
20,03 |
46,55 |
-26,52 |
|
B) NON CURRENT LIABILITIES |
|
14,56 |
|
|
C) CURRENT LIABILITIES |
79,97 |
38,89 |
41,08 |
|
|
|
|
|
Analytical Account of
Results
Figures given in %
|
|
COMPANY (2008) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
98,30 |
1,70 |
|
Other operating income |
|
1,70 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-54,90 |
-61,15 |
6,25 |
|
Variation in stocks of finished goods and work in progress |
|
0,00 |
|
|
GROSS MARGIN |
45,10 |
38,85 |
6,25 |
|
Other operating costs |
-29,67 |
-15,78 |
-13,89 |
|
Labour cost |
-12,37 |
-17,14 |
4,77 |
|
GROSS OPERATING RESULT |
3,06 |
5,93 |
-2,87 |
|
Amortization of fixed assets |
-1,03 |
-2,37 |
1,34 |
|
Deterioration and result for fixed assets disposal |
|
0,16 |
|
|
Other expenses / income |
0,04 |
|
|
|
NET OPERATING RESULT |
2,07 |
3,72 |
-1,65 |
|
Financial result |
-0,89 |
-0,58 |
-0,31 |
|
RESULT BEFORE TAX |
1,18 |
3,14 |
-1,96 |
|
Taxes on profits |
-0,29 |
-0,77 |
0,48 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
0,88 |
|
|
|
NET RESULT |
0,88 |
2,36 |
-1,49 |
Main Ratios
|
|
COMPANY (2008) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
52.032,02 |
21.285,14 |
339.033,94 |
842.952,70 |
|
Working capital ratio |
0,07 |
0,01 |
0,14 |
0,33 |
|
Soundness Ratio |
1,54 |
0,69 |
1,08 |
2,10 |
|
Average Collection Period (days) |
12 |
2 |
10 |
38 |
|
Average Payment Period (days) |
74 |
0 |
0 |
0 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
108,79 |
1,02 |
1,39 |
2,13 |
|
Quick Ratio (%) |
25,85 |
0,07 |
0,24 |
0,82 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
0,34 |
0,00 |
0,00 |
0,00 |
|
External Financing Average Cost |
0,45 |
0,04 |
0,10 |
0,19 |
|
Debt Service Coverage |
0,04 |
0,00 |
0,00 |
0,00 |
|
Interest Coverage |
63,02 |
0,85 |
2,19 |
9,52 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
1,92 |
2,14 |
3,83 |
7,02 |
|
Auto financing generated by Assets (%) |
8,75 |
3,53 |
6,93 |
10,98 |
|
Breakdown Point |
1,02 |
1,01 |
1,02 |
1,06 |
|
Average Sales Volume per Employee |
|
98.261,28 |
130.134,26 |
164.646,89 |
|
Average Cost per Employee |
|
17.655,28 |
21.471,32 |
25.191,08 |
|
Assets Turnover |
4,57 |
1,12 |
1,73 |
2,38 |
|
Inventory Turnover (days) |
74 |
45 |
83 |
168 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
9,47 |
1,52 |
4,03 |
7,49 |
|
Operating Profitability (%) |
14,19 |
4,98 |
8,32 |
12,03 |
|
Return on Equity (ROE) (%) |
26,87 |
2,19 |
9,04 |
18,03 |
ADDITIONAL INFORMATION
Consulted Sources
Chamber of Commerce / Camerdata
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
Telephone directory: PÁGINAS BLANCAS
Telephone directory: QDQ
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.77 |
|
UK Pound |
1 |
Rs.73.45 |
|
Euro |
1 |
Rs.64.55 |
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.