MIRA INFORM REPORT
|
Report Date : |
03.11.2011 |
IDENTIFICATION DETAILS
|
Name : |
PROQUIMAC PFC SA ”CONALSA” |
|
|
|
|
Registered Office : |
Calle Berlin (Pol Ind Can Torrella), 3 -5,
08233 Vacarisses Barcelona |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
|
|
|
|
|
Legal Form : |
Joint-stock 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 : |
94.000,00 € |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment
Behaviour : |
Usually Correct |
|
|
|
|
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
PROQUIMAC PFC SA ”CONALSA”
TAX NUMBER: A58022765
Company situation: Active
EXECUTIVE SUMMARY
Identification
Current Business Name: PROQUIMAC PFC SA
Other names: YES
Current Address: CALLE BERLIN (POL IND CAN
TORRELLA), 3 -5
Telephone number: 938280673 Fax: 938280676
URL: www.proquimac.com
Corporate e-mail: info@proquimac.com
Trade Risk
Credit Appraisal: 94.000,00 €
Incidents: NO
R.A.I.: NO
EXPERIAN BUREAU EMPRESARIAL Bank and Multi - sectorial Defaults of
Payment: NO
Financial Information
Balance sheet latest sales (2010): 2.868.847,44 € (Trade Register)
Result: 149.869,95 €
Total Assets: 2.064.712,97 €
Social Capital: 60.101,21 €
Employees: 13
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 03/07/1985
Activity: Mfg. of dyes & pigments
NACE 2009 CODE: 2012
International Operations: Imports
Corporate Structure
Administrator:
Parent Company:
Other Complementary Information
Latest filed accounts published in the Commercial Registry: 2009
Type of Accounts available at the Commercial Registry: Individuals
Latest act published in BORME: 27/04/2011 Change of business
name
Latest press article: 22/07/1997 LA
VANGUARDIA (LEGAL ANNOUNCEMENTS)
Bank Entities: There are
The date when this report was last updated is 02/11/2011.
The information contained in this report has been investigated and
contrasted on 04/07/2011
Credit Appraisal
Maximum Credit
(from 0 to 6,000,000 €)
Favourable to 94.000,00 €
Financial Situation
|
Exercise:2010 |
Evolution |
|
|
Treasury |
Excellent |
|
|
Indebtedness |
Average |
|
|
Profitability |
Sufficient |
|
|
Balance |
Excellent |
|
Performance
|
Incidents |
None or Negligible |
|
Business
Trajectory |
Superior |
Rating Explication
Financial Situation
•
The company’s financial situation is good.
•
The company’s financial situation evolution has
been positive.
•
The sales evolution and results has
been positive.
Company Structure
•
The company’s capitalization degree determines that
its structure is normal.
•
The company’s size is small depending on
its sales volume.
•
The employees evolution has been positive.
Performance and Incidences
•
The available information indicates that the
company does not have payment incidences.
•
He have detected no recent legal actions or claims
from the Administration against this company
Accounts Filing
•
The company files regularly its accounts.
INCIDENTS
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: No administrative claims registered
AFFECTED BY: No significant element.
Summary
COMPANY NOT INCLUDED IN EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI -
SECTORIAL DEFAULTS OF PAYMENT
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
02/11/2011 09:11:18
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 |
66.237,83 |
3,21 |
68.243,67 |
3,72 |
77.815,13 |
4,51 |
|
B) CURRENT ASSETS |
1.998.475,14 |
96,79 |
1.764.537,95 |
96,28 |
1.647.852,10 |
95,49 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
684.323,00 |
33,14 |
534.453,05 |
29,16 |
400.888,98 |
23,23 |
|
B) NON CURRENT LIABILITIES |
4.578,19 |
0,22 |
9.180,58 |
0,50 |
497.491,10 |
28,83 |
|
C) CURRENT LIABILITIES |
1.375.811,78 |
66,63 |
1.289.147,99 |
70,34 |
827.287,15 |
47,94 |
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 |
2.868.847,44 |
|
2.413.278,21 |
|
2.232.819,07 |
|
|
GROSS MARGIN |
1.281.469,49 |
44,67 |
1.083.837,87 |
44,91 |
1.093.227,73 |
48,96 |
|
EBITDA |
211.250,11 |
7,36 |
211.221,07 |
8,75 |
165.638,08 |
7,42 |
|
EBIT |
204.026,27 |
7,11 |
199.129,76 |
8,25 |
153.992,07 |
6,90 |
|
NET RESULT |
149.869,95 |
5,22 |
133.564,07 |
5,53 |
101.716,64 |
4,56 |
|
EFFECTIVE TAX RATE (%) |
21,87 |
0,00 |
30,00 |
0,00 |
30,00 |
0,00 |
COMPARATIVE SECTOR ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
||
|
A) NON CURRENT ASSETS |
3,21 |
36,76 |
-33,55 |
|
|
|
|
|
A) CURRENT ASSETS |
96,79 |
63,24 |
33,55 |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|
||
|
A) NET WORTH |
33,14 |
48,07 |
-14,93 |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
0,22 |
7,22 |
-7,00 |
|
|
|
|
|
C) CURRENT LIABILITIES |
66,63 |
44,71 |
21,92 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
|
|
|
|
SALES |
100,00 |
98,96 |
1,03 |
|
|
|
|
|
GROSS MARGIN |
44,67 |
42,69 |
1,98 |
|
|
|
|
|
EBITDA |
7,36 |
7,22 |
0,14 |
|
|
|
|
|
EBIT |
7,11 |
3,81 |
3,30 |
|
|
|
|
|
NET RESULT |
5,22 |
1,98 |
3,25 |
|
|
|
|
Sector Composition
Compared sector (NACE 2009): 2012
Number of companies: 13
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 2010
Figures given in €
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account Balance |
149.869,95 |
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 |
149.869,95 |
|
Total of Amounts to be distributed |
149.869,95 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
149.869,95 |
Facts subsequent
to the closing
Source: Annual financial report 2010
En el día 28 de enero de 2011 la Sociedad ha protagonizado un cambio de
la denominación social para que a partir de la fecha la sociedad que
anteriormente giraba con el nombre de “Proquimac Food & Pharma, S.A.” pase
a denominarse “Proquimac PFC, S.A.”.
company ADDRESSES
Current Legal Seat
Address:
CALLE BERLIN
(POL IND CAN TORRELLA), 3 -5
08233 VACARISSES
BARCELONA
Previous Seat
Address:
CALLE SOLSONA 42
08227 TERRASSA BARCELONA
CORPORATE STRUCTURE
ADMINISTRATIVE
LINKS
|
|
|
|
|
|
Distribution of the administration board |
|
|
Governing body : 2 members (latest change:
27/04/2011) Other Positions : 2 (latest change: 10/03/2004) Operative Board Members : 1 (latest change: 12/06/2006) Non-current positions : 2 (latest change: 27/04/2011) |
|
|
Main Board
members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
ADMINISTRATOR |
LLOVERAS SERRACANTA, ANGELA |
27/04/2011 |
|
ADMINISTRATOR |
GALI REYES, MARTA |
27/04/2011 |
|
|
|
|
There are 4 board members, directors and auditors registered
Board members remuneration
Source: Annual
financial report 2010
Board members remuneration: 0,00 €
|
POSITION |
NAME AND SURNAME |
|
Manager |
GALI REYES, MARTA |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
GALI I LLOVERAS GRUP SL. |
B63322374 |
99,90 |
TRADE REGISTER |
31/12/2010 |
|
|
GALI REYES MARTA |
|
0,10 |
TRADE REGISTER |
31/12/2007 |
There are 2 direct financial links through shareholders
registered
BUSINESS INFORMATION
Incorporation date: 03/07/1985
Activity: Mfg. of dyes & pigments
NACE 2009 CODE: 2012
NACE 2009 Activity: Manufacture of dyes and pigments
Business: Fabricación,
compra, venta, importación y exportación de materias quimicas
(Manufacture, purchase, sale, import and export of chemical
materials)
Activity description: Fabricacion de lacas y comercializacion de
pigmentos y colorantes para la industria alimentaria, cosmetica y farmaceutica.
(Manufacture of paints and marketing of pigments and dyes for the food industry,
cosmetics and pharmaceuticals.)
Latest employees figure: 13 (2010)
% of fixed employees: 100,00%
% of men: 38,46%
% of women: 61,54%
Employees
evolution
|
|
|
|
Source: Annual financial report 2010
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Senior management |
1 |
|
|
|
Other managers |
3 |
|
|
|
Administrative employees |
3 |
|
|
|
Sales representatives and similar |
1 |
|
|
|
Non qualified employees |
5 |
|
|
|
Distribution by sexes |
|
5 |
8 |
PURCHASES
Import Percentage: 66%
Imports from: UNION EUROPEA Y OTROS PAISES
National Distribution: 34%
SALES
Credit collections: 100%
SUPPLIERS
|
BUSINESS NAME |
INTERNATIONAL |
|
PROQUIMAC COLOR,
S.L. |
NO |
There are 1 Suppliers
CLIENTS
|
BUSINESS NAME |
INTERNATIONAL |
|
GALLOPLAST SL |
NO |
|
PROQUIMAC COLOR,
S.L. |
NO |
There are 2 Clients
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
|
|
TERRASSA |
|
|
CATALUNYA BANC, S.A. |
|
|
TERRASSA |
|
|
BANCO DE SABADELL, S.A. |
0016 |
C RAVAL DE MONTSERRAT 000035 |
TERRASSA |
Barcelona |
There are 3 bank entities registered
FORMER NAMES:
•
PROQUIMAC FOOD & PHARMA SA.
•
COLORANTES NATURALES SA
LEGAL STRUCTURE
Constitution Data
Register Date: 03/07/1985
Legal form: Joint-stock Company
Social Capital: 60.101,21 €
Paid-up capital: 60.101,21 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2009)
B.O.R.M.E.
(OFFICIAL GAZETTE OF
THE COMMERCIAL REGISTRY)
Acts on activity: 0
Acts on administrators: 10 (Last: 27/04/2011, first:
08/01/1993)
Acts on capital: 0
Acts on creation: 0
Acts on filed accounts: 21 (Last: 25/11/2010, first:
30/11/1990)
Acts on identification: 3 (Last: 27/04/2011, first:
30/10/1997)
Acts on Information: 4 (Last: 27/04/2011, first:
08/01/1993)
Latest acts in B.O.R.M.E.
Most relevant acts of the last twelve months
|
|
ACT |
DATE |
NOTICE NUM. |
COMMERCIAL REGISTRY |
|
Change of business name |
27/04/2011 |
182584 |
Barcelona |
|
|
|
New business name: PROQUIMAC PFC SA. Register Data: Volume 24613, Folio 125, Section 8, Sheet 71455, Inscription I/A
11 (11/04/2011) Publication Data:
Register Barcelona, Gazette 80, Page
21901, Announcement 182584 (27/04/2011) |
|||
Other acts
|
ACT |
DATE |
NOTICE NUM. |
COMMERCIAL REGISTRY |
|
Modification of the Articles of Association |
27/04/2011 |
182584 |
Barcelona |
|
Appointments |
27/04/2011 |
182584 |
Barcelona |
|
Appointments |
01/07/2009 |
296470 |
Barcelona |
|
Appointments |
10/03/2004 |
120855 |
Barcelona |
|
Change of business name |
01/03/2004 |
105639 |
Barcelona |
|
Appointments |
01/03/2004 |
105639 |
Barcelona |
|
Appointments |
21/10/2003 |
395167 |
Barcelona |
Latest filed accounts
|
ACT |
DATE |
NOTICE NUM. |
COMMERCIAL REGISTRY |
|
Annual Filed Accounts (2009) |
25/11/2010 |
1102499 |
Barcelona |
|
Annual Filed Accounts (2008) |
24/11/2009 |
934762 |
Barcelona |
|
Annual Filed Accounts (2007) |
28/10/2008 |
969414 |
Barcelona |
There are 38 acts registered
PRESS ARTICLES
Press summary by
type of information (last five years)
Legal notices: 0
Structural Data: 0
Informative data: 0
Financial Information: 0
Negative information: 0
Business lines: 0
Historical press releases: 1 (Last: 22/07/1997)
Latest press
article published
22/07/1997 LA VANGUARDIA - LEGAL ANNOUNCEMENTS
ESTA FIRMA HA TRASLADADO SU DOMICILIO SOCIAL AL TERMINO MUNICIPAL DE
VACARISSES (BARCELONA), C/ BERLIN, 3, POL. IND. CAN TORRELLA.
There are 1 press articles registered for this company
Complementary
Information
Other Complementary Information
Desde ENERO/2004 forma parte del Grupo GALI I LLOVERAS GRUP SL.
FINANCIAL INFORMATION
The information on the last account contained in this report is
extracted from the Commercial Registry file of the legal address of the Company
and dated 08/10/2011.
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 |
66.237,83 |
3,21 |
68.243,67 |
3,72 |
77.815,13 |
4,51 |
|
I. Intangible assets |
|
|
|
|
|
|
|
II. Tangible fixed assets |
61.384,43 |
2,97 |
63.390,27 |
3,46 |
72.961,73 |
4,23 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Long Term Financial Investments |
4.853,40 |
0,24 |
4.853,40 |
0,26 |
4.853,40 |
0,28 |
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
1.998.475,14 |
96,79 |
1.764.537,95 |
96,28 |
1.647.852,10 |
95,49 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
454.951,44 |
22,03 |
243.288,18 |
13,27 |
234.018,22 |
13,56 |
|
III. Trade Debtors and other receivable accounts |
743.306,04 |
36,00 |
1.277.856,84 |
69,72 |
1.254.453,88 |
72,69 |
|
1. Clients |
690.564,09 |
33,45 |
1.189.768,77 |
64,92 |
1.208.060,49 |
70,01 |
|
b) Clients for sales and short term services
rendering |
690.564,09 |
33,45 |
1.189.768,77 |
64,92 |
1.208.060,49 |
70,01 |
|
3. Other debtors |
52.741,95 |
2,55 |
88.088,07 |
4,81 |
46.393,39 |
2,69 |
|
IV. Short term investments in associated and affiliated companies |
642.000,18 |
31,09 |
|
|
|
|
|
V. Short term financial investments |
|
|
|
|
|
|
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
158.217,48 |
7,66 |
243.392,93 |
13,28 |
159.380,00 |
9,24 |
|
TOTAL ASSETS (A + B) |
2.064.712,97 |
100,00 |
1.832.781,62 |
100,00 |
1.725.667,23 |
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 |
684.323,00 |
33,14 |
534.453,05 |
29,16 |
400.888,98 |
23,23 |
|
A-1) Equity |
684.323,00 |
33,14 |
534.453,05 |
29,16 |
400.888,98 |
23,23 |
|
I. Capital |
60.101,21 |
2,91 |
60.101,21 |
3,28 |
60.101,21 |
3,48 |
|
1. Authorized capital |
60.101,21 |
2,91 |
60.101,21 |
3,28 |
60.101,21 |
3,48 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
474.351,84 |
22,97 |
340.787,77 |
18,59 |
239.071,13 |
13,85 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
|
|
|
|
|
|
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
149.869,95 |
7,26 |
133.564,07 |
7,29 |
101.716,64 |
5,89 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
4.578,19 |
0,22 |
9.180,58 |
0,50 |
497.491,10 |
28,83 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
4.578,19 |
0,22 |
9.180,58 |
0,50 |
13.491,10 |
0,78 |
|
2. Financial leasing creditors |
4.578,19 |
0,22 |
9.180,58 |
0,50 |
13.491,10 |
0,78 |
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
484.000,00 |
28,05 |
|
IV. Liabilities by deferred taxes |
|
|
|
|
|
|
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
1.375.811,78 |
66,63 |
1.289.147,99 |
70,34 |
827.287,15 |
47,94 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
|
|
137.950,96 |
7,53 |
313.271,67 |
18,15 |
|
1. Debts with bank entities |
|
|
1.331,89 |
0,07 |
68.285,13 |
3,96 |
|
2. Financial leasing creditors |
|
|
4.686,08 |
0,26 |
4.686,08 |
0,27 |
|
3. Other short term debts |
|
|
131.932,99 |
7,20 |
240.300,46 |
13,93 |
|
IV. Short term debts with associated and affiliated companies |
454.920,61 |
22,03 |
436.215,89 |
23,80 |
|
|
|
V. Trade creditors and other payable accounts |
920.891,17 |
44,60 |
714.981,14 |
39,01 |
514.015,48 |
29,79 |
|
1. Suppliers |
669.906,07 |
32,45 |
580.342,60 |
31,66 |
514.015,48 |
29,79 |
|
b) Short term suppliers |
669.906,07 |
32,45 |
580.342,60 |
31,66 |
514.015,48 |
29,79 |
|
2. Other creditors |
250.985,10 |
12,16 |
134.638,54 |
7,35 |
|
|
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
2.064.712,97 |
100,00 |
1.832.781,62 |
100,00 |
1.725.667,23 |
100,00 |
PROFIT AND LOSS
ACCOUNT
Figures given in €
|
|
31/12/2010 (12) |
%OPERATING INCOME |
31/12/2009 (12) |
%OPERATING INCOME |
31/12/2008 (12) |
%OPERATING INCOME |
|
1. Net Turnover |
2.868.847,44 |
100,00 |
2.413.278,21 |
100,00 |
2.232.819,07 |
100,00 |
|
2. Variation in stocks of finished goods and work in progress |
22.096,90 |
0,77 |
9.269,96 |
0,38 |
32.455,33 |
1,45 |
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-1.609.474,85 |
-56,10 |
-1.338.710,30 |
-55,47 |
-1.172.046,67 |
-52,49 |
|
5. Other operating income |
|
|
|
|
|
|
|
6. Labour cost |
-567.224,86 |
-19,77 |
-376.368,57 |
-15,60 |
-301.026,41 |
-13,48 |
|
7. Other operating costs |
-502.007,79 |
-17,50 |
-495.895,19 |
-20,55 |
-630.159,44 |
-28,22 |
|
8. Amortization of fixed assets |
-7.223,84 |
-0,25 |
-12.091,31 |
-0,50 |
-11.646,01 |
-0,52 |
|
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 |
-986,73 |
-0,03 |
-353,04 |
-0,01 |
3.596,20 |
0,16 |
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) |
204.026,27 |
7,11 |
199.129,76 |
8,25 |
153.992,07 |
6,90 |
|
14. Financial income |
|
|
|
|
|
|
|
15. Financial expenses |
-6.140,51 |
-0,21 |
-7.420,12 |
-0,31 |
-6.813,00 |
-0,31 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
-6.072,65 |
-0,21 |
-903,83 |
-0,04 |
-1.869,45 |
-0,08 |
|
18. Deterioration and result for disposal of financial instruments |
|
|
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-12.213,16 |
-0,43 |
-8.323,95 |
-0,34 |
-8.682,45 |
-0,39 |
|
C) RESULT BEFORE TAXES (A + B) |
191.813,11 |
6,69 |
190.805,81 |
7,91 |
145.309,62 |
6,51 |
|
20. Taxes on profits |
-41.943,16 |
-1,46 |
-57.241,74 |
-2,37 |
-43.592,98 |
-1,95 |
|
D) EXERCISE RESULT (C + 20) |
149.869,95 |
5,22 |
133.564,07 |
5,53 |
101.716,64 |
4,56 |
NET WORTH CHANGES
STATUS
Status of
recognized income and expenses
Figures given in €
|
NET WORTH CHANGES (1/2) |
31/12/2010 (12) |
31/12/2009 (12) |
31/12/2008 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
149.869,95 |
133.564,07 |
101.716,64 |
|
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) |
149.869,95 |
133.564,07 |
101.716,64 |
Total net worth
changes status
Figures given in €
|
NET WORTH CHANGES ( 2 /2) |
AUTHORIZED CAPITAL |
RESERVES |
EXERCISE RESULT |
TOTAL |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
60.101,21 |
166.565,61 |
72.505,52 |
299.172,34 |
|
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) |
60.101,21 |
166.565,61 |
72.505,52 |
299.172,34 |
|
I. Total recognized income and expenses |
|
|
101.716,64 |
101.716,64 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
72.505,52 |
-72.505,52 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
60.101,21 |
239.071,13 |
101.716,64 |
400.888,98 |
|
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) |
60.101,21 |
239.071,13 |
101.716,64 |
400.888,98 |
|
I. Total recognized income and expenses |
|
|
133.564,07 |
133.564,07 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
101.716,64 |
-101.716,64 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
60.101,21 |
340.787,77 |
133.564,07 |
534.453,05 |
|
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) |
60.101,21 |
340.787,77 |
133.564,07 |
534.453,05 |
|
I. Total recognized income and expenses |
|
|
149.869,95 |
149.869,95 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
133.564,07 |
-133.564,07 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
60.101,21 |
474.351,84 |
149.869,95 |
684.323,00 |
RATIOS
|
|
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
CHANGE % |
31/12/2008 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
622.663,36 |
30,98 |
475.389,96 |
-42,07 |
820.564,95 |
|
Working capital ratio |
0,30 |
15,38 |
0,26 |
-45,83 |
0,48 |
|
Soundness Ratio |
10,33 |
31,93 |
7,83 |
52,04 |
5,15 |
|
Average Collection Period (days) |
93 |
-51,13 |
191 |
-5,69 |
202 |
|
Average Payment Period (days) |
235 |
3,99 |
226 |
120,00 |
103 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
145,26 |
6,12 |
136,88 |
-31,28 |
199,19 |
|
Quick Ratio (%) |
11,50 |
-39,09 |
18,88 |
-2,02 |
19,26 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
22,26 |
-30,07 |
31,83 |
-32,25 |
46,98 |
|
External Financing Average Cost |
0,01 |
0,00 |
0,01 |
0,00 |
0,01 |
|
Debt Service Coverage |
2,92 |
-26,93 |
4,00 |
-43,92 |
7,15 |
|
Interest Coverage |
33,23 |
23,81 |
26,84 |
18,76 |
22,60 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
5,48 |
-9,27 |
6,04 |
18,90 |
5,08 |
|
Auto financing generated by Assets (%) |
7,61 |
-4,28 |
7,95 |
21,00 |
6,57 |
|
Breakdown Point |
1,08 |
-0,92 |
1,09 |
1,87 |
1,07 |
|
Average Sales Volume per Employee |
220.680,57 |
-35,99 |
344.754,03 |
-7,36 |
372.136,51 |
|
Average Cost per Employee |
43.632,68 |
-18,85 |
53.766,94 |
7,17 |
50.171,07 |
|
Assets Turnover |
1,39 |
5,30 |
1,32 |
2,33 |
1,29 |
|
Inventory Turnover (days) |
102 |
55,49 |
66 |
-9,00 |
72 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
9,88 |
-9,11 |
10,86 |
21,86 |
8,92 |
|
Operating Profitability (%) |
10,23 |
-11,27 |
11,52 |
20,10 |
9,60 |
|
Return on Equity (ROE) (%) |
28,03 |
-21,48 |
35,70 |
-1,52 |
36,25 |
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 |
3,21 |
36,76 |
-33,55 |
|
A) CURRENT ASSETS |
96,79 |
63,24 |
33,55 |
|
LIABILITIES |
|||
|
A) NET WORTH |
33,14 |
48,07 |
-14,93 |
|
B) NON CURRENT LIABILITIES |
0,22 |
7,22 |
-7,00 |
|
C) CURRENT LIABILITIES |
66,63 |
44,71 |
21,92 |
|
|
|
|
|
Results Analytical
Account
Figures given in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
98,96 |
1,03 |
|
Other operating income |
|
1,04 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-56,10 |
-57,04 |
0,94 |
|
Variation in stocks of finished goods and work in progress |
0,77 |
-0,27 |
1,04 |
|
GROSS MARGIN |
44,67 |
42,69 |
1,98 |
|
Other operating costs |
-17,50 |
-16,20 |
-1,30 |
|
Labour cost |
-19,77 |
-19,39 |
-0,38 |
|
GROSS OPERATING RESULT |
7,40 |
7,09 |
0,31 |
|
Amortization of fixed assets |
-0,25 |
-3,30 |
3,05 |
|
Deterioration and result for fixed assets disposal |
|
0,01 |
|
|
Other expenses / income |
-0,03 |
|
|
|
NET OPERATING RESULT |
7,11 |
3,81 |
3,30 |
|
Financial result |
-0,43 |
-0,88 |
0,45 |
|
RESULT BEFORE TAX |
6,69 |
2,93 |
3,76 |
|
Taxes on profits |
-1,46 |
-0,95 |
-0,51 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
5,22 |
|
|
|
NET RESULT |
5,22 |
1,98 |
3,24 |
Main Ratios
|
|
COMPANY (2010) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
622.663,36 |
-33.394,33 |
393.702,07 |
704.875,21 |
|
Working capital ratio |
0,30 |
-0,02 |
0,16 |
0,22 |
|
Soundness Ratio |
10,33 |
0,66 |
1,10 |
1,60 |
|
Average Collection Period (days) |
93 |
78 |
100 |
114 |
|
Average Payment Period (days) |
235 |
0 |
0 |
0 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
145,26 |
0,98 |
1,33 |
1,63 |
|
Quick Ratio (%) |
11,50 |
0,06 |
0,11 |
0,12 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
22,26 |
0,00 |
0,00 |
0,00 |
|
External Financing Average Cost |
0,01 |
0,07 |
0,07 |
0,10 |
|
Debt Service Coverage |
2,92 |
0,00 |
0,00 |
0,00 |
|
Interest Coverage |
33,23 |
0,44 |
1,28 |
4,30 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
5,48 |
1,74 |
4,36 |
7,59 |
|
Auto financing generated by Assets (%) |
7,61 |
2,53 |
6,95 |
8,96 |
|
Breakdown Point |
1,08 |
1,01 |
1,04 |
1,05 |
|
Average Sales Volume per Employee |
220.680,57 |
129.539,60 |
185.763,41 |
206.653,85 |
|
Average Cost per Employee |
43.632,68 |
27.764,82 |
32.331,83 |
34.582,12 |
|
Assets Turnover |
1,39 |
1,09 |
1,28 |
1,51 |
|
Inventory Turnover (days) |
102 |
53 |
93 |
116 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
9,88 |
1,02 |
4,75 |
6,15 |
|
Operating Profitability (%) |
10,23 |
3,74 |
8,86 |
13,63 |
|
Return on Equity (ROE) (%) |
28,03 |
1,24 |
7,59 |
13,73 |
ADDITIONAL INFORMATION
This company has been consulted was last displayed on 26/10/2011,
14 times in the last quarter and 313 total times.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.25 |
|
UK Pound |
1 |
Rs.78.73 |
|
Euro |
1 |
Rs.67.64 |
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.