MIRA INFORM REPORT
|
Report Date : |
01.11.2011 |
IDENTIFICATION DETAILS
|
Name : |
TOP QUANTUM SL |
|
|
|
|
Registered Office : |
Calle Numero Uno (Urb La Fuentesica), Parc 3-B 46388 Godelleta
Valencia |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
|
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
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 : |
19.000,00 € |
|
|
|
|
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Spain |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name
TOP QUANTUM SL
TAX NUMBER: B97221824
Company situation: Active
EXECUTIVE SUMMARY
Identification
Current Business Name: TOP QUANTUM SL
Other names: NO
Current Address: CALLE NUMERO UNO (URB LA
FUENTESICA), PARC 3-B
Branches: 1
Telephone number: 961800987 Fax: 961800988
Trade Risk
Credit Appraisal: 19.000,00 €
Incidents: NO
R.A.I.: NO
EXPERIAN BUREAU EMPRESARIAL Bank and Multi - sectorial Defaults of
Payment: NO
Financial Information
Balance sheet latest sales (2010): 722.147,16 € (Trade Register)
Result: 11.261,89 €
Total Assets: 363.320,03 €
Social Capital: 3.010,00 €
Employees: 2
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 28/05/2002
Activity: Traders of furniture and household
articles
NACE 2009 CODE: 4615
International Operations: No business relationships registered
Corporate Structure
Sole Administrator:
Parent Company:
Other Complementary Information
Latest filed accounts published in the Mercantile Register: 2010
Type of Accounts available at the Mercantile Register: Individuals
Latest act published in BORME: 04/08/2011 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 28/10/2011.
Credit Appraisal
Maximum Credit
(from 0 to 6,000,000 €)
Favourable to 19.000,00 €
Credit appraisal
evolution
Financial
Situation
|
Exercise:2010 |
Evolution |
|
Treasury |
Very good |
|
|
Indebtedness |
Important |
|
|
Profitability |
Average |
|
|
Balance |
Excellent |
|
Performance
|
Incidents |
None or Negligible |
|
Business
Trajectory |
Good |
Rating Explication
Financial Situation
•
The company’s financial situation is good.
•
The company’s financial situation evolution has
been negative.
•
The sales evolution and results are as
follows positive.
Company Structure
•
The company’s capitalisation grade determines that
its structure is bad.
•
The company’s size is very small Taking
into accounts its sales volume.
•
The employees evolution has been negative.
Negative information
•
Taking into account the company structure, it
indicates that it does not have payment incidences.
•
It appears that there are no claims or legal
demands by the Administration against this company
Accounts Publication
•
The company issues its accounts regularly.
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: No administrative claims registered
AFFECTED BY: No significant element.
EXPERIAN BUREAU
EMPRESARIAL BANK AND MULTI - SECTORIAL DEFAULTS OF PAYMENT 
Summary
COMPANY NOT REGISTERED IN EXPERIAN BUREAU EMPRESARIAL
•
There is no information related to the nif/cif
consulted in the in the EXPERIAN BUREAU EMPRESARIAL file
R.A.I.
COMPANY NOT REGISTERED IN THE R.A.I.
This company is not registered in the Disputed Bills register (R.A.I.)
DATE AND TIME OF THE CONSULTATION
24/10/2011 13:10:06
Information from the Registro de Aceptaciones Impagados (RAI)- Disputed
Bills register.
It can only be used for information legitimate needs of the consulting
party, in accordance with its social or business activity, in order to grant a
credit or the monitoring or control of the already granted credits and can not
be transmitted or communicated to thirds, nor copied, duplicated, reproduced
nor implemented to any database , owned or external, or reused it in anyway,
direct or indirectly.
FINANCIAL ELEMENTS
AND SECTORIAL COMPARATIVE
FINANCIAL ELEMENTS
Figures given in €
|
|
31/12/2010 (12) BALANCE SHEET |
% ASSETS |
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
31/12/2008 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
112.047,23 |
30,84 |
112.761,71 |
46,16 |
115.259,81 |
57,19 |
|
B) CURRENT ASSETS |
251.272,80 |
69,16 |
131.526,65 |
53,84 |
86.274,22 |
42,81 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
54.482,53 |
15,00 |
43.220,64 |
17,69 |
37.260,70 |
18,49 |
|
B) NON CURRENT LIABILITIES |
110.096,04 |
30,30 |
119.710,62 |
49,00 |
127.760,50 |
63,39 |
|
C) CURRENT LIABILITIES |
198.741,46 |
54,70 |
81.357,10 |
33,30 |
36.512,83 |
18,12 |
Profit and Loss
Account Analysis
Figures given in €
|
|
31/12/2010 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2008 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
722.147,16 |
|
469.581,90 |
|
466.122,60 |
|
|
GROSS MARGIN |
220.087,38 |
30,48 |
184.994,89 |
39,40 |
164.202,81 |
35,23 |
|
EBITDA |
23.955,73 |
3,32 |
19.783,25 |
4,21 |
17.228,40 |
3,70 |
|
EBIT |
17.671,66 |
2,45 |
13.462,57 |
2,87 |
10.858,49 |
2,33 |
|
NET RESULT |
11.261,89 |
1,56 |
5.959,94 |
1,27 |
2.150,61 |
0,46 |
|
EFFECTIVE TAX RATE (%) |
20,00 |
0,00 |
20,00 |
0,00 |
25,00 |
0,01 |
COMPARATIVE SECTOR
ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|
|
|
|
A) NON CURRENT ASSETS |
30,84 |
37,69 |
-6,85 |
|
A) CURRENT ASSETS |
69,16 |
62,31 |
6,85 |
|
LIABILITIES |
|
|
|
|
A) NET WORTH |
15,00 |
37,62 |
-22,62 |
|
B) NON CURRENT LIABILITIES |
30,30 |
19,56 |
10,74 |
|
C) CURRENT LIABILITIES |
54,70 |
42,82 |
11,88 |
|
|
|
|
|
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
SALES |
100,00 |
98,10 |
1,90 |
|
GROSS MARGIN |
30,48 |
41,40 |
-10,92 |
|
EBITDA |
3,32 |
7,54 |
-4,22 |
|
EBIT |
2,45 |
5,17 |
-2,72 |
|
NET RESULT |
1,56 |
3,16 |
-1,60 |
Sector Composition
Compared sector (NACE 2009): 4615
Number of companies: 304
Size (Sales Figure): 0 - 2,800,000.00 Euros
OTHER DATA FROM
THE ANNUAL FINANCIAL REPORT
Results
Distribution
Source: annual financial report 2010
Figures given in €
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account Balance |
11.261,89 |
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 |
11.261,89 |
|
Total of Amounts to be distributed |
11.261,89 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
11.261,89 |
company
ADDRESSES
Current Legal Seat Address:
CALLE NUMERO UNO (URB LA FUENTESICA), PARC 3-B
46388 GODELLETA VALENCIA
Previous Seat Address:
CALLE MARVA 17 - 12
46007 VALENCIA
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
POLIGONO UNO, 3 |
46388 |
GODELLETA |
Valencia |
There are 1 branches registered
CORPORATE STRUCTURE
ADMINISTRATIVE
LINKS
Governing body : 1 member (latest change:
28/11/2002)
Other Positions : 1 (latest change: 18/05/2007)
Main Board members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
SOLE ADMINISTRATOR |
CEBRIA GARCIA, MARIA VICTORIA |
28/11/2002 |
|
|
|
|
There are 2 board members, directors and auditors registered
Board members remuneration
Source: Annual financial report 2010
Board members remuneration: 0,00 €
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
CEBRIA GARCIA MARIA VICTORIA |
|
100,00 |
B.O.R.M.E. |
05/04/2010 |
There are 1 direct financial links through shareholders
registered
BUSINESS INFORMATION
Incorporation date: 28/05/2002
Activity: Traders of furniture and household articles
NACE 2009 CODE: 4615
NACE 2009 Activity: Agents involved in the sale of furniture,
household goods, hardware and ironmongery
Business: 1. LA COMPRAVENTA DE ARTICULOS PROPIOS DE VENTA EN
HIPERMERCADOS Y GRANDES SUPERFICIES. 2. LA REPRESENTACION COMERCIAL DE
EMPRESAS. 3. LA PRESTACION DE SERVICIOS DE FORMACION Y CONSULTORIA DE VENTAS.
Latest employees figure: 2 (2010)
% of fixed employees: 100,00%
% of men: 25,00%
% of women: 75,00%
Employees
evolution
|
|
|
|
Source: Annual financial report 2010
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Other managers |
1 |
|
|
|
Administrative employees |
1 |
|
|
|
Distribution by sexes |
|
1 |
3 |
No bank branches registered
LEGAL STRUCTURE
Constitution Data
Register
Date: 28/05/2002
Register
town: Valencia
Announcement
number: 479740
Social Capital: 3.010
€
Legal
form: 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: 2 (Last: 18/05/2007, first:
28/11/2002)
Acts on capital: 0
Acts on creation: 1 (Last: 28/11/2002)
Acts on filed accounts: 9 (Last: 04/08/2011, first:
15/09/2005)
Acts on identification: 1 (Last: 05/04/2010)
Acts on Information: 3 (Last: 05/04/2010, first:
28/11/2002)
Latest acts in
B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Change of registered address |
05/04/2010 |
136609 |
Valencia |
|
Errata |
05/04/2010 |
136608 |
Valencia |
|
Declaration of individual ownership |
05/04/2010 |
136608 |
Valencia |
|
Appointments |
18/05/2007 |
272625 |
Valencia |
|
Modification of the Articles of Association |
28/11/2002 |
479740 |
Valencia |
|
Appointments |
28/11/2002 |
479740 |
Valencia |
|
Constitution |
28/11/2002 |
479740 |
Valencia |
Latest filed accounts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Annual Filed Accounts (2010) |
04/08/2011 |
246684 |
Valencia |
|
Annual Filed Accounts (2009) |
14/09/2010 |
543388 |
Valencia |
|
Annual Filed Accounts (2008) |
01/09/2009 |
303679 |
Valencia |
There are 16 acts registered
Press articles
No press articles registered for this company
Complementary Information
Financial Information
El balance cerrado a 31/12/2008 (Deposito 2008) esta disponible en
INFORMA, pero existen datos en los nuevos estados contables incorrectamente
presentados.
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 15/09/2011.
SITUATION BALANCE-SHEET
Assets
Figures given in €
|
|
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
112.047,23 |
30,84 |
112.761,71 |
46,16 |
115.259,81 |
57,19 |
|
I. Intangible assets |
|
|
|
|
|
|
|
II. Tangible fixed assets |
112.047,23 |
30,84 |
112.761,71 |
46,16 |
115.259,81 |
57,19 |
|
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 |
251.272,80 |
69,16 |
131.526,65 |
53,84 |
86.274,22 |
42,81 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
2.115,62 |
0,58 |
1.435,47 |
0,59 |
16.025,63 |
7,95 |
|
III. Trade Debtors and other receivable accounts |
208.654,80 |
57,43 |
90.629,32 |
37,10 |
31.392,25 |
15,58 |
|
1. Clients |
197.343,58 |
54,32 |
79.252,64 |
32,44 |
20.152,50 |
10,00 |
|
b) Clients for sales and short term services
rendering |
197.343,58 |
54,32 |
79.252,64 |
32,44 |
20.152,50 |
10,00 |
|
3. Other debtors |
11.311,22 |
3,11 |
11.376,68 |
4,66 |
11.239,75 |
5,58 |
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Short term financial investments |
|
|
|
|
360,00 |
0,18 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
40.502,38 |
11,15 |
39.461,86 |
16,15 |
38.496,34 |
19,10 |
|
TOTAL ASSETS (A + B) |
363.320,03 |
100,00 |
244.288,36 |
100,00 |
201.534,03 |
100,00 |
Net Worth and
Liabilities
Figures given in €
|
|
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
|
A) NET WORTH |
54.482,53 |
15,00 |
43.220,64 |
17,69 |
37.260,70 |
18,49 |
|
A-1) Equity |
54.482,53 |
15,00 |
43.220,64 |
17,69 |
37.260,70 |
18,49 |
|
I. Capital |
3.010,00 |
0,83 |
3.010,00 |
1,23 |
3.010,00 |
1,49 |
|
1. Authorized capital |
3.010,00 |
0,83 |
3.010,00 |
1,23 |
3.010,00 |
1,49 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
34.250,70 |
9,43 |
34.250,70 |
14,02 |
16.712,85 |
8,29 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
5.959,94 |
1,64 |
|
|
15.387,24 |
7,64 |
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
11.261,89 |
3,10 |
5.959,94 |
2,44 |
2.150,61 |
1,07 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
110.096,04 |
30,30 |
119.710,62 |
49,00 |
127.760,50 |
63,39 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
104.421,58 |
28,74 |
113.840,57 |
46,60 |
121.890,45 |
60,48 |
|
1. Debts with bank entities |
77.462,93 |
21,32 |
86.881,92 |
35,57 |
94.931,80 |
47,10 |
|
3. Other long term debts |
26.958,65 |
7,42 |
26.958,65 |
11,04 |
26.958,65 |
13,38 |
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
5.674,46 |
1,56 |
5.870,05 |
2,40 |
5.870,05 |
2,91 |
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
198.741,46 |
54,70 |
81.357,10 |
33,30 |
36.512,83 |
18,12 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
1.099,61 |
0,30 |
43,32 |
0,02 |
7.702,20 |
3,82 |
|
1. Debts with bank entities |
|
|
43,32 |
0,02 |
3.665,40 |
1,82 |
|
3. Other short term debts |
1.099,61 |
0,30 |
|
|
4.036,80 |
2,00 |
|
IV. Short term debts with associated and affiliated companies |
6.172,54 |
1,70 |
|
|
|
|
|
V. Trade creditors and other payable accounts |
191.469,31 |
52,70 |
81.313,78 |
33,29 |
28.810,63 |
14,30 |
|
1. Suppliers |
138.778,81 |
38,20 |
70.341,89 |
28,79 |
22.861,36 |
11,34 |
|
b) Short term suppliers |
138.778,81 |
38,20 |
70.341,89 |
28,79 |
22.861,36 |
11,34 |
|
2. Other creditors |
52.690,50 |
14,50 |
10.971,89 |
4,49 |
5.949,27 |
2,95 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
363.320,03 |
100,00 |
244.288,36 |
100,00 |
201.534,03 |
100,00 |
PROFIT AND LOSS
ACCOUNT
Figures given in €
|
|
31/12/2010 (12) |
%OP. INCOME |
31/12/2009 (12) |
%OP. INCOME |
31/12/2008 (12) |
%OP. INCOME |
|
1. Net Turnover |
722.147,16 |
100,00 |
469.581,90 |
100,00 |
466.122,60 |
100,00 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-502.059,78 |
-69,52 |
-284.587,01 |
-60,60 |
-301.919,79 |
-64,77 |
|
5. Other operating income |
|
|
|
|
|
|
|
6. Labour cost |
-86.771,17 |
-12,02 |
-77.118,67 |
-16,42 |
-72.863,47 |
-15,63 |
|
7. Other operating costs |
-109.453,09 |
-15,16 |
-88.152,59 |
-18,77 |
-75.232,73 |
-16,14 |
|
8. Amortization of fixed assets |
-6.284,07 |
-0,87 |
-6.320,68 |
-1,35 |
-6.369,91 |
-1,37 |
|
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 |
92,61 |
0,01 |
59,62 |
0,01 |
1.121,79 |
0,24 |
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) |
17.671,66 |
2,45 |
13.462,57 |
2,87 |
10.858,49 |
2,33 |
|
14. Financial income |
0,06 |
0,00 |
|
|
15,66 |
0,00 |
|
b) Other financial income |
0,06 |
0,00 |
|
|
15,66 |
0,00 |
|
15. Financial expenses |
-3.594,36 |
-0,50 |
-6.012,65 |
-1,28 |
-8.006,67 |
-1,72 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
|
|
|
|
|
|
|
18. Deterioration and result for disposal of financial instruments |
|
|
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-3.594,30 |
-0,50 |
-6.012,65 |
-1,28 |
-7.991,01 |
-1,71 |
|
C) RESULT BEFORE TAXES (A + B) |
14.077,36 |
1,95 |
7.449,92 |
1,59 |
2.867,48 |
0,62 |
|
20. Taxes on profits |
-2.815,47 |
-0,39 |
-1.489,98 |
-0,32 |
-716,87 |
-0,15 |
|
D) EXERCISE RESULT (C + 20) |
11.261,89 |
1,56 |
5.959,94 |
1,27 |
2.150,61 |
0,46 |
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 /2) |
AUTHORIZED CAPITAL |
RESERVES |
RESULTS FROM PREVIOUS EXERCISES |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
|
|
|
|
|
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 |
16.712,85 |
15.387,24 |
|
|
I. Total recognized income and expenses |
|
|
|
2.150,61 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
3.010,00 |
16.712,85 |
15.387,24 |
2.150,61 |
|
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 |
16.712,85 |
15.387,24 |
2.150,61 |
|
I. Total recognized income and expenses |
|
|
|
5.959,94 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
17.537,85 |
-15.387,24 |
-2.150,61 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
3.010,00 |
34.250,70 |
|
5.959,94 |
|
I. Adjustments by change of criteria in the exercise (2009) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2009) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
3.010,00 |
34.250,70 |
|
5.959,94 |
|
I. Total recognized income and expenses |
|
|
|
11.261,89 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
5.959,94 |
-5.959,94 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
3.010,00 |
34.250,70 |
5.959,94 |
11.261,89 |
|
NET WORTH CHANGES ( 2 /2) |
TOTAL |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
|
|
||
|
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) |
35.110,09 |
|
||
|
I. Total recognized income and expenses |
2.150,61 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
37.260,70 |
|
||
|
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) |
37.260,70 |
|
||
|
I. Total recognized income and expenses |
5.959,94 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
43.220,64 |
|
||
|
I. Adjustments by change of criteria in the exercise (2009) |
|
|
||
|
II. Adjustments by errors in the exercise (2009) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
43.220,64 |
|
||
|
I. Total recognized income and expenses |
11.261,89 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
54.482,53 |
|
||
RATIOS
|
|
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
CHANGE % |
31/12/2008 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
52.531,34 |
4,71 |
50.169,55 |
0,82 |
49.761,39 |
|
Working capital ratio |
0,14 |
-33,33 |
0,20 |
-16,00 |
0,25 |
|
Soundness Ratio |
0,49 |
28,95 |
0,38 |
18,75 |
0,32 |
|
Average Collection Period (days) |
104 |
49,74 |
69 |
188,06 |
24 |
|
Average Payment Period (days) |
116 |
48,17 |
78 |
186,84 |
27 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
126,43 |
-21,80 |
161,67 |
-31,58 |
236,28 |
|
Quick Ratio (%) |
20,38 |
-57,99 |
48,50 |
-54,42 |
106,42 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
30,74 |
-34,06 |
46,62 |
-27,50 |
64,30 |
|
External Financing Average Cost |
0,03 |
-40,00 |
0,05 |
-16,67 |
0,06 |
|
Debt Service Coverage |
6,37 |
-31,28 |
9,27 |
-39,05 |
15,21 |
|
Interest Coverage |
4,92 |
119,64 |
2,24 |
64,71 |
1,36 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
2,43 |
-7,25 |
2,62 |
43,17 |
1,83 |
|
Auto financing generated by Assets (%) |
4,83 |
-3,98 |
5,03 |
18,91 |
4,23 |
|
Breakdown Point |
1,02 |
-0,97 |
1,03 |
0,98 |
1,02 |
|
Average Sales Volume per Employee |
274.580,67 |
76,59 |
155.490,70 |
-8,93 |
170.740,88 |
|
Average Cost per Employee |
32.992,84 |
29,20 |
25.535,98 |
-4,32 |
26.689,92 |
|
Assets Turnover |
1,99 |
3,65 |
1,92 |
-16,88 |
2,31 |
|
Inventory Turnover (days) |
1 |
-20,00 |
2 |
-90,57 |
19 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
4,86 |
-11,80 |
5,51 |
2,23 |
5,39 |
|
Operating Profitability (%) |
6,59 |
-18,64 |
8,10 |
-5,26 |
8,55 |
|
Return on Equity (ROE) (%) |
25,84 |
49,88 |
17,24 |
123,90 |
7,70 |
SECTORIAL ANALYSIS
Balance Sheet and
Financial Balance
Figures expressed in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
30,84 |
37,69 |
-6,85 |
|
A) CURRENT ASSETS |
69,16 |
62,31 |
6,85 |
|
LIABILITIES |
|||
|
A) NET WORTH |
15,00 |
37,62 |
-22,62 |
|
B) NON CURRENT LIABILITIES |
30,30 |
19,56 |
10,74 |
|
C) CURRENT LIABILITIES |
54,70 |
42,82 |
11,88 |
|
|
|
|
|
Analytical Account
of Results
Figures given in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
98,10 |
1,90 |
|
Other operating income |
|
1,90 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-69,52 |
-58,60 |
-10,92 |
|
Variation in stocks of finished goods and work in progress |
|
0,00 |
|
|
GROSS MARGIN |
30,48 |
41,40 |
-10,92 |
|
Other operating costs |
-15,16 |
-16,41 |
1,25 |
|
Labour cost |
-12,02 |
-17,99 |
5,97 |
|
GROSS OPERATING RESULT |
3,30 |
7,00 |
-3,70 |
|
Amortization of fixed assets |
-0,87 |
-2,26 |
1,40 |
|
Deterioration and result for fixed assets disposal |
|
0,44 |
|
|
Other expenses / income |
0,01 |
|
|
|
NET OPERATING RESULT |
2,45 |
5,17 |
-2,72 |
|
Financial result |
-0,50 |
-1,14 |
0,64 |
|
RESULT BEFORE TAX |
1,95 |
4,04 |
-2,09 |
|
Taxes on profits |
-0,39 |
-0,88 |
0,49 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
1,56 |
|
|
|
NET RESULT |
1,56 |
3,16 |
-1,60 |
Main Ratios
|
|
COMPANY (2010) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
52.531,34 |
15.456,99 |
79.251,68 |
197.506,95 |
|
Working capital ratio |
0,14 |
0,06 |
0,23 |
0,39 |
|
Soundness Ratio |
0,49 |
0,76 |
1,45 |
3,80 |
|
Average Collection Period (days) |
104 |
32 |
69 |
117 |
|
Average Payment Period (days) |
116 |
0 |
0 |
0 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
126,43 |
1,10 |
1,44 |
2,26 |
|
Quick Ratio (%) |
20,38 |
0,04 |
0,21 |
0,70 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
30,74 |
0,00 |
0,00 |
0,00 |
|
External Financing Average Cost |
0,03 |
|
|
|
|
Debt Service Coverage |
6,37 |
0,00 |
0,00 |
0,00 |
|
Interest Coverage |
4,92 |
1,00 |
2,62 |
8,89 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
2,43 |
1,79 |
3,78 |
9,39 |
|
Auto financing generated by Assets (%) |
4,83 |
2,36 |
5,54 |
11,59 |
|
Breakdown Point |
1,02 |
1,01 |
1,04 |
1,08 |
|
Average Sales Volume per Employee |
274.580,67 |
66.052,18 |
119.698,33 |
184.131,41 |
|
Average Cost per Employee |
32.992,84 |
17.587,71 |
22.889,96 |
29.917,22 |
|
Assets Turnover |
1,99 |
0,78 |
1,32 |
2,06 |
|
Inventory Turnover (days) |
1 |
16 |
84 |
205 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
4,86 |
1,15 |
4,17 |
9,88 |
|
Operating Profitability (%) |
6,59 |
3,32 |
7,23 |
14,16 |
|
Return on Equity (ROE) (%) |
25,84 |
2,29 |
12,31 |
25,60 |
ADDITIONAL INFORMATION
Consulted Sources
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
INTERNET
la titular
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.87 |
|
UK Pound |
1 |
Rs.78.11 |
|
Euro |
1 |
Rs.68.36 |
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.