MIRA INFORM
REPORT
|
Report Date : |
21.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
BY FLY DIAMONDS SL |
|
|
|
|
Registered Office : |
Avenida Pio Xii, 2 - Ed Nuevo Centro . Loc 139
46009 Valencia |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
|
|
|
|
|
Legal Form : |
Sole-partnered Limited Liability Company |
|
|
|
|
Line of Business : |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment
Behaviour : |
Unknown |
|
|
|
|
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
BY FLY DIAMONDS SL
TAX NUMBER: B97640296
Company situation: Active
EXECUTIVE SUMMARY
Identification
Current Business Name: BY FLY DIAMONDS SL
Commercial name: ORERO JOYEROS
Other names: NO
Current Address: AVENIDA PIO XII, 2 - ED
NUEVO CENTRO . LOC 139
Telephone number: 963466333
Corporate e-mail: oreronc@hotmail.com
Trade Risk
Incidents: YES
R.A.I.: NO
Bank and business defaults of payment - ASNEF EMPRESAS: NO
Financial Information
Balance sheet latest sales (2009): 479.811,30 € (Trade Register)
Result: 7.040,04 €
Total Assets: 425.835,03 €
Social Capital: 3.010,00 €
Employees: 4
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 06/09/2005
Activity: Retail sale of jewellery
NACE 2009 CODE: 4777
International Operations: It does not import nor export
Corporate Structure
Sole Administrator:
Parent Company:
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: 24/09/2010 Annual Filed Accounts
Latest press article: No press articles registered for this
company.
Bank Entities: There are not
The date when this report was last updated is 20/06/2011.
The information contained in this report has been investigated and
contrasted on 20/06/2011
Financial Situation
Exercise:2009
|
Treasury |
Average |
|
Indebtedness |
Heavy |
|
Profitability |
Average |
Performance
|
Incidents |
None or Negligible |
|
Business
Trajectory |
Good |
INCIDENTS
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: 4 ( Last:12/01/2009 , first:
17/11/2008 )
|
|
|
|
|
With the Social Security: |
4 |
|
|
With the Tax Authorities: |
0 |
|
|
With Other Official bodies: |
0 |
|
AFFECTED BY: No significant element.
Latest
Administrative Claims
Figures expressed in €
WITH THE SOCIAL SECURITY.
Executive
|
DATE |
ORGANIZATION |
AMOUNT |
|
12/01/2009 |
CENTRAL TREASURY
FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL |
1.739,53 |
|
17/11/2008 |
CENTRAL TREASURY
FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL |
274,78 |
|
17/11/2008 |
CENTRAL TREASURY
FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL |
290,93 |
There are 4 administrative claims with the Social Security
registered
Detail of the
Latest Administrative Claims
Figures expressed in €
Executive
WITH THE SOCIAL SECURITY.
Phase: ENFORCEMENT
Organization: CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION
PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL
Concept: Share
Date of the claim: 12/01/2009
Period: 0408 0408
Source: Published in the VALENCIA Gazette, on 28/01/2009, page 68
Amount: 1.739,53
Figures expressed in €
Executive
WITH THE SOCIAL SECURITY.
Phase: ENFORCEMENT
Organization: CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION
PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL
Concept: Share
Date of the claim: 17/11/2008
Period: 0107 1207
Source: Published in the VALENCIA Gazette Appendix 02, on 28/11/2008, page 5
Amount: 274,78
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
15/06/2011 14:06:13
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 €
|
|
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
31/12/2008 (12) BALANCE SHEET |
% ASSETS |
31/12/2007 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
|
|
403,84 |
0,12 |
|
|
|
B) CURRENT ASSETS |
425.835,03 |
100,00 |
328.117,30 |
99,88 |
93.133,07 |
100,00 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
17.640,58 |
4,14 |
10.600,54 |
3,23 |
4.508,52 |
4,84 |
|
B) NON CURRENT LIABILITIES |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
408.194,45 |
95,86 |
317.920,60 |
96,77 |
88.624,55 |
95,16 |
Profit and Loss
Account Analysis
Figures given in €
|
|
31/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2008 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2007 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
479.811,30 |
|
486.444,08 |
|
470.819,85 |
|
|
GROSS MARGIN |
168.809,44 |
35,18 |
140.050,13 |
28,79 |
152.494,24 |
32,39 |
|
EBITDA |
12.776,63 |
2,66 |
8.571,10 |
1,76 |
109.929,15 |
23,35 |
|
EBIT |
12.776,63 |
2,66 |
8.571,10 |
1,76 |
109.929,15 |
23,35 |
|
NET RESULT |
7.040,04 |
1,47 |
6.092,02 |
1,25 |
106.427,03 |
22,60 |
|
EFFECTIVE TAX RATE (%) |
20,00 |
0,00 |
25,00 |
0,01 |
0,54 |
0,00 |
COMPARATIVE SECTOR ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|
|
|
|
A) NON CURRENT ASSETS |
|
39,54 |
|
|
A) CURRENT ASSETS |
100,00 |
60,46 |
39,54 |
|
LIABILITIES |
|
|
|
|
A) NET WORTH |
4,14 |
41,34 |
-37,20 |
|
B) NON CURRENT LIABILITIES |
|
17,51 |
|
|
C) CURRENT LIABILITIES |
95,86 |
41,14 |
54,71 |
|
|
|
|
|
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
SALES |
100,00 |
98,30 |
1,70 |
|
GROSS MARGIN |
35,18 |
39,83 |
-4,65 |
|
EBITDA |
2,66 |
6,61 |
-3,95 |
|
EBIT |
2,66 |
4,23 |
-1,57 |
|
NET RESULT |
1,47 |
2,58 |
-1,12 |
Sector Composition
Compared sector (NACE 2009): 477
Number of companies: 3801
Size (Sales Figure): 0 - 2,800,000.00 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 |
7.040,04 |
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 |
7.040,04 |
|
Total of Amounts to be distributed |
7.040,04 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
7.040,04 |
company
ADDRESSES
Current Legal Seat Address:
AVENIDA PIO XII, 2 - ED NUEVO CENTRO . LOC 139
46009 VALENCIA
Previous Seat Address:
CALLE SAN SEBASTIAN 32
46110 GODELLA
VALENCIA
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Governing body : 1 member (latest change:
10/11/2005)
Main Board
members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
SOLE ADMINISTRATOR |
ORERO CAVERO, JOSE VICENTE |
10/11/2005 |
|
|
|
|
There are 1 board members, directors and auditors registered
Board members remuneration
Source: Annual financial report 2009
Board members remuneration: 0,00 €
FINANCIAL LINKS
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
ORERO CAVERO JOSE VICENTE |
|
100,00 |
OWN SOURCES |
20/06/2011 |
There are 1 direct financial links through shareholders
registered
BUSINESS INFORMATION
Incorporation date: 06/09/2005
Establishment date: 01/01/2005
Founder’s Name: LA TITULAR ES LA FUNDADORA INICIAL DEL NEGOCIO
Activity: Retail sale of jewellery
NACE 2009 CODE: 4777
NACE 2009 Activity: Retail sale of watches and jewellery in
specialised stores
Business: FABRICACION, COMERCIALIZACION, DISTRIBUCION, IMPORTACION
Y EXPORTACION DE ARTICULOS DE JOYERIA, BISUTERIA Y OBJETOS DE DECORACION. SI
DISPOSICIONES LEGALES EXIGIESEN PARA EL EJERCICIO DE ALGUNA DE LAS ACTIVIDADES
COMPREN
Latest employees figure: 4 (2009)
% of fixed employees: 100,00%
Employees evolution
|
|
No bank branches registered
LEGAL STRUCTURE
Constitution Data
Register Date: 06/09/2005
Register town: Valencia
Announcement number: 473305
Register data:
Volume 8268, Book 5559, Folio 108, Section 8, Sheet 107544,
Inscription I/A 1 (2005-10-27)
Social Capital: 3.010 €
Legal form: Sole-partnered Limited Liability Company
Social Capital: 3.010,00 €
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: 1 (Last: 10/11/2005)
· Acts on capital: 0
· Acts on creation: 1 (Last: 10/11/2005)
· Acts on filed accounts: 5 (Last: 24/09/2010, first: 12/04/2007)
· Acts on identification: 1 (Last: 07/03/2008)
· Acts on Information: 1 (Last: 07/03/2008)
Latest acts in
B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Change of registered address |
07/03/2008 |
131360 |
Valencia |
|
Declaration of individual ownership |
07/03/2008 |
131359 |
Valencia |
|
Appointments |
10/11/2005 |
473305 |
Valencia |
|
Constitution |
10/11/2005 |
473305 |
Valencia |
Latest filed accounts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Annual Filed Accounts (2009) |
24/09/2010 |
674527 |
Valencia |
|
Annual Filed Accounts (2008) |
26/08/2009 |
260972 |
Valencia |
|
Annual Filed Accounts (2007) |
23/09/2008 |
625376 |
Valencia |
There are 9 acts registered
Press articles
No press articles registered for this company
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 30/09/2010.
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 €
|
|
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
31/12/2007 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
|
|
403,84 |
0,12 |
|
|
|
I. Intangible assets |
|
|
|
|
|
|
|
II. Tangible fixed assets |
|
|
403,84 |
0,12 |
|
|
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated
and affiliated companies |
|
|
|
|
|
|
|
V. Long Term Financial Investments |
|
|
|
|
|
|
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
425.835,03 |
100,00 |
328.117,30 |
99,88 |
93.133,07 |
100,00 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
380.522,00 |
89,36 |
275.000,00 |
83,71 |
50.320,00 |
54,03 |
|
III. Trade Debtors and other receivable
accounts |
45.313,03 |
10,64 |
48.271,06 |
14,69 |
30.904,81 |
33,18 |
|
1. Clients |
31.377,39 |
7,37 |
30.102,14 |
9,16 |
|
|
|
b) Clients for sales and
short term services rendering |
31.377,39 |
7,37 |
30.102,14 |
9,16 |
|
|
|
3. Other debtors |
13.935,64 |
3,27 |
18.168,92 |
5,53 |
|
|
|
IV. Short term investments in associated
and affiliated companies |
|
|
|
|
|
|
|
V. Short term financial investments |
|
|
|
|
|
|
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
|
|
4.846,24 |
1,48 |
11.908,26 |
12,79 |
|
TOTAL ASSETS (A + B) |
425.835,03 |
100,00 |
328.521,14 |
100,00 |
93.133,07 |
100,00 |
Net Worth and
Liabilities
Figures given in €
|
|
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
31/12/2007 (12) |
% ASSETS |
|
A) NET WORTH |
17.640,58 |
4,14 |
10.600,54 |
3,23 |
4.508,52 |
4,84 |
|
A-1) Equity |
17.640,58 |
4,14 |
10.600,54 |
3,23 |
4.508,52 |
4,84 |
|
I. Capital |
3.010,00 |
0,71 |
3.010,00 |
0,92 |
3.010,00 |
3,23 |
|
1. Authorized capital |
3.010,00 |
0,71 |
3.010,00 |
0,92 |
3.010,00 |
3,23 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
7.590,54 |
1,78 |
1.498,52 |
0,46 |
|
|
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
|
|
|
|
-104.928,51 |
-112,67 |
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
7.040,04 |
1,65 |
6.092,02 |
1,85 |
106.427,03 |
114,27 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
|
|
|
|
|
|
|
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 |
408.194,45 |
95,86 |
317.920,60 |
96,77 |
88.624,55 |
95,16 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
151.612,55 |
35,60 |
12.557,00 |
3,82 |
|
|
|
3. Other short term debts |
151.612,55 |
35,60 |
12.557,00 |
3,82 |
|
|
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
|
|
V. Trade creditors and other payable accounts |
256.581,90 |
60,25 |
305.363,60 |
92,95 |
|
|
|
1. Suppliers |
193.234,47 |
45,38 |
255.884,25 |
77,89 |
|
|
|
b) Short term suppliers |
193.234,47 |
45,38 |
255.884,25 |
77,89 |
|
|
|
2. Other creditors |
63.347,43 |
14,88 |
49.479,35 |
15,06 |
|
|
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
425.835,03 |
100,00 |
328.521,14 |
100,00 |
93.133,07 |
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 €
|
|
31/12/2009 (12) |
%OPERATING INCOME |
31/12/2008 (12) |
%OPERATING INCOME |
31/12/2007 (12) |
%OPERATING INCOME |
|
1. Net Turnover |
479.811,30 |
100,00 |
486.444,08 |
100,00 |
470.819,85 |
100,00 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-311.001,86 |
-64,82 |
-346.393,95 |
-71,21 |
-318.325,61 |
-67,61 |
|
5. Other operating income |
|
|
|
|
|
|
|
6. Labour cost |
-96.396,66 |
-20,09 |
-90.747,36 |
-18,66 |
-35.711,22 |
-7,58 |
|
7. Other operating costs |
-59.636,15 |
-12,43 |
-40.347,46 |
-8,29 |
-6.853,87 |
-1,46 |
|
8. Amortization of fixed assets |
|
|
|
|
|
|
|
9. Allocation of subventions on non financial investments and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
|
|
|
|
|
|
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
|
|
-384,21 |
-0,08 |
|
|
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) |
12.776,63 |
2,66 |
8.571,10 |
1,76 |
109.929,15 |
23,35 |
|
14. Financial income |
|
|
|
|
0,09 |
0,00 |
|
b) Other financial income |
|
|
|
|
0,09 |
0,00 |
|
15. Financial expenses |
-3.976,58 |
-0,83 |
-449,91 |
-0,09 |
-2.927,70 |
-0,62 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
|
|
|
|
|
|
|
18. Deterioration and result for disposal of financial instruments |
|
|
1,50 |
0,00 |
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-3.976,58 |
-0,83 |
-448,41 |
-0,09 |
-2.927,61 |
-0,62 |
|
C) RESULT BEFORE TAXES (A + B) |
8.800,05 |
1,83 |
8.122,69 |
1,67 |
107.001,54 |
22,73 |
|
20. Taxes on profits |
-1.760,01 |
-0,37 |
-2.030,67 |
-0,42 |
-574,51 |
-0,12 |
|
D) EXERCISE RESULT (C + 20) |
7.040,04 |
1,47 |
6.092,02 |
1,25 |
106.427,03 |
22,60 |
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 |
7.040,04 |
6.092,02 |
|
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) |
7.040,04 |
6.092,02 |
Total net worth
changes status
Figures given in €
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
RESERVES |
RESULTS FROM PREVIOUS EXERCISES |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
3.010,00 |
|
-104.928,51 |
106.427,03 |
|
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) |
3.010,00 |
|
-104.928,51 |
106.427,03 |
|
I. Total recognized income and expenses |
|
|
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
1.498,52 |
104.928,51 |
-100.335,01 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
3.010,00 |
1.498,52 |
|
6.092,02 |
|
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) |
3.010,00 |
1.498,52 |
|
6.092,02 |
|
I. Total recognized income and expenses |
|
|
|
7.040,04 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
6.092,02 |
|
-6.092,02 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
3.010,00 |
7.590,54 |
|
7.040,04 |
|
NET WORTH CHANGES ( 3 /3) |
TOTAL |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
4.508,52 |
|
||
|
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) |
4.508,52 |
|
||
|
I. Total recognized income and expenses |
|
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
6.092,02 |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
10.600,54 |
|
||
|
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) |
10.600,54 |
|
||
|
I. Total recognized income and expenses |
7.040,04 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
17.640,58 |
|
||
RATIOS
|
|
31/12/2009 (12) |
CHANGE % |
31/12/2008 (12) |
CHANGE % |
31/12/2007 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
17.640,58 |
73,00 |
10.196,70 |
126,17 |
4.508,52 |
|
Working capital ratio |
0,04 |
33,33 |
0,03 |
-40,00 |
0,05 |
|
Soundness Ratio |
|
-100,00 |
26,25 |
|
|
|
Average Collection Period (days) |
34 |
-5,05 |
36 |
50,00 |
24 |
|
Average Payment Period (days) |
249 |
-12,41 |
284 |
|
|
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
104,32 |
1,08 |
103,21 |
-1,79 |
105,09 |
|
Quick Ratio (%) |
|
-100,00 |
1,52 |
-88,69 |
13,44 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
35,60 |
831,94 |
3,82 |
|
|
|
External Financing Average Cost |
0,03 |
-25,00 |
0,04 |
|
|
|
Debt Service Coverage |
21,54 |
945,63 |
2,06 |
|
|
|
Interest Coverage |
3,21 |
-83,15 |
19,05 |
-49,27 |
37,55 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
1,47 |
17,60 |
1,25 |
-94,47 |
22,60 |
|
Auto financing generated by Assets (%) |
1,65 |
-10,81 |
1,85 |
-98,38 |
114,27 |
|
Breakdown Point |
1,03 |
0,98 |
1,02 |
-22,14 |
1,30 |
|
Average Sales Volume per Employee |
100.800,69 |
-26,23 |
136.641,60 |
-41,96 |
235.409,92 |
|
Average Cost per Employee |
20.251,40 |
-20,55 |
25.490,83 |
42,76 |
17.855,61 |
|
Assets Turnover |
1,13 |
-23,65 |
1,48 |
-70,75 |
5,06 |
|
Inventory Turnover (days) |
441 |
54,16 |
286 |
402,53 |
57 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
3,00 |
14,94 |
2,61 |
-97,79 |
118,03 |
|
Operating Profitability (%) |
3,00 |
14,94 |
2,61 |
-97,79 |
118,03 |
|
Return on Equity (ROE) (%) |
49,88 |
-34,89 |
76,62 |
-96,77 |
2.373,32 |
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 |
|
39,54 |
|
|
A) CURRENT ASSETS |
100,00 |
60,46 |
39,54 |
|
LIABILITIES |
|||
|
A) NET WORTH |
4,14 |
41,34 |
-37,20 |
|
B) NON CURRENT LIABILITIES |
|
17,51 |
|
|
C) CURRENT LIABILITIES |
95,86 |
41,14 |
54,71 |
|
|
|
|
|
Analytical Account
of Results
Figures given in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
98,30 |
1,70 |
|
Other operating income |
|
1,70 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-64,82 |
-60,17 |
-4,65 |
|
Variation in stocks of finished goods and work in progress |
|
0,00 |
|
|
GROSS MARGIN |
35,18 |
39,83 |
-4,65 |
|
Other operating costs |
-12,43 |
-14,52 |
2,10 |
|
Labour cost |
-20,09 |
-18,98 |
-1,11 |
|
GROSS OPERATING RESULT |
2,66 |
6,32 |
-3,66 |
|
Amortization of fixed assets |
|
-2,31 |
|
|
Deterioration and result for fixed assets disposal |
|
0,22 |
|
|
NET OPERATING RESULT |
2,66 |
4,23 |
-1,57 |
|
Financial result |
-0,83 |
-0,76 |
-0,07 |
|
RESULT BEFORE TAX |
1,83 |
3,47 |
-1,64 |
|
Taxes on profits |
-0,37 |
-0,88 |
0,52 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
1,47 |
|
|
|
NET RESULT |
1,47 |
2,58 |
-1,11 |
Main Ratios
|
|
COMPANY (2009) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
17.640,58 |
3.279,66 |
43.292,33 |
133.340,06 |
|
Working capital ratio |
0,04 |
0,02 |
0,19 |
0,40 |
|
Soundness Ratio |
|
0,59 |
1,30 |
3,46 |
|
Average Collection Period (days) |
34 |
1 |
9 |
45 |
|
Average Payment Period (days) |
249 |
0 |
0 |
0 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
104,32 |
1,03 |
1,39 |
2,23 |
|
Quick Ratio (%) |
|
0,04 |
0,20 |
0,62 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
35,60 |
0,00 |
0,00 |
0,00 |
|
External Financing Average Cost |
0,03 |
0,04 |
0,07 |
0,24 |
|
Debt Service Coverage |
21,54 |
0,00 |
0,00 |
0,00 |
|
Interest Coverage |
3,21 |
1,02 |
2,44 |
9,17 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
1,47 |
1,53 |
3,58 |
6,82 |
|
Auto financing generated by Assets (%) |
1,65 |
2,05 |
5,16 |
9,68 |
|
Breakdown Point |
1,03 |
1,01 |
1,03 |
1,06 |
|
Average Sales Volume per Employee |
100.800,69 |
66.394,94 |
95.593,62 |
137.517,45 |
|
Average Cost per Employee |
20.251,40 |
14.366,01 |
18.572,10 |
24.098,19 |
|
Assets Turnover |
1,13 |
0,90 |
1,45 |
2,17 |
|
Inventory Turnover (days) |
441 |
65 |
149 |
292 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
3,00 |
0,97 |
3,81 |
8,04 |
|
Operating Profitability (%) |
3,00 |
2,87 |
6,98 |
12,15 |
|
Return on Equity (ROE) (%) |
49,88 |
2,21 |
9,78 |
23,58 |
ADDITIONAL INFORMATION
Consulted Sources
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
INTERNET
Telephone directory: PÁGINAS BLANCAS
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.99 |
|
UK Pound |
1 |
Rs.72.60 |
|
Euro |
1 |
Rs.64.01 |
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.