MIRA INFORM REPORT
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Report Date : |
07.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
INDUSTRIAL ELECTRICA CASSANENSE SA (EN
LIQUIDACION) ”INECSA” |
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Registered Office : |
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Country : |
Spain |
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Financials (as on) : |
31.12.2008 |
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Date of Incorporation : |
01.01.1960 |
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Legal Form : |
Joint-stock Company |
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Line of Business : |
Mfg. of
insulated electric wires & cables |
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No. of Employees
: |
38 |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Dissolved |
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Payment Behaviour : |
-- |
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Litigation : |
-- |
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 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name
INDUSTRIAL ELECTRICA CASSANENSE SA (EN LIQUIDACION) ”INECSA”
CIF/NIF: A17013913
Company situation: Dissolution - Judicial (Date: 29/03/2011)
Answer to the data in your request
In relation to your petition we would like to indicate you that the name
indicated in your petition INECSA SA, corresponds to the acronyms of the
registered name indicated in this report. As you would see in the different
sections of the report ‘LAST LEGAL INCIDENCES’ and ‘LAST ARTICLES PUBLISHED IN
THE PRESS’, the subject dissolved in March 2011, beginning with the liquidation
process, as a consequence of the ending of the Creditor’s Meeting in which it
was immersed since May 2009. This information was also confirmed by one of the
Bank Entities with which the subject operates.
Information associated to the latest filed accounts
In answer to your request Financial report , we do inform you that we
cannot provide you the requested Report as the accounts obtained from the
Commercial Registry could not be loaded in the database. Nevertheless find
attached the filed annual financial statement.
EXECUTIVE SUMMARY
Identification
Current Business Name: INDUSTRIAL ELECTRICA CASSANENSE SA (EN
LIQUIDACION)
Other names: YES
Current Address: CARRETERA C- 65, S/N
17244 CASSA DE LA SELVA GERONA
Corporate e-mail: inecsa@inecsa.com
Trade Risk
Company situation: Dissolution - Judicial
(Date: 29/03/2011)
Incidents: YES
R.A.I.: NO
Financial Information
Latest sales known (2009): 7.186.843,44 € (Own Sources)
Balance sheet latest sales (2008): 19.352.075,04 €
(Mercantile Register)
Result: -208.553,08 €
Total Assets: 15.094.028,16 €
Share capital: 1.481.765,50 €
Employees: 38
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 24/10/1968
Activity: Mfg. of insulated electric wires & cables
NACE 2009 CODE: 2732
International Operations: Imports and Exports
Corporate Structure
Bankruptcy Receiver:
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2009
Latest act published in BORME: 24/05/2011 Appointments
Latest press
article: 27/01/2011 EXPANSIÓN DE CATALUŃA (INSOLVENCY PROCEEDINGS)
Bank Entities: There are
The date when this report was last updated is 03/08/2012.
TRADE RISK
Company situation
Dissolution - Judicial
(Date: 29/03/2011)
INCIDENTS
%20”INECSA”%20-%20189195%2007-Aug-2012_files/image002.gif)
Summary
LEGAL ACTIONS: 2 ( Last:29/03/2011 , first: 06/05/2009
)
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Insolvency Proceeding: |
2 |
Current Status: INSOLVENCY PROCEEDINGS VOLUNTARY |
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Civil Court: |
0 |
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Labour Courts: |
0 |
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ADMINISTRATIVE CLAIMS: 19 ( Last:26/12/2011 , first:
07/09/2009 )
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With the Social Security: |
17 |
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With the Tax Authorities: |
0 |
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With Other Official bodies: |
2 |
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Company in Dissolution
AFFECTED BY:
4 Company / Companies in Insolvency Proceedings.
Last Legal Actions
figures expressed in €
INSOLVENCY PROCEEDING
|
DATE |
CLAIM TYPE |
INCIDENCE STATUS |
ASSETS |
LIABILITIES |
|
29/03/2011 |
INSOLVENCY PROCEEDINGS |
LIQUIDATION OF THE INSOLVENCY PROCEEDINGS |
|
|
|
15/07/2009 |
INSOLVENCY PROCEEDINGS |
CONCLUSION OF THE INSOLVENCY PROCEEDING |
|
|
There are 2 insolvency proceeding(s)
Details of the Latest Legal Actions
figures expressed in €
INSOLVENCY PROCEEDING
|
|
|
|
Proceeding |
INSOLVENCY PROCEEDINGS |
|
Conducted in |
GIRONA, MERCANTILE / FIRST INSTANCE COURT N. 6 |
|
Writ Number |
1154/2009 |
|
Complaint Date |
29/03/2011 |
Record of the claim
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PHASE |
LIQUIDATION OF THE INSOLVENCY PROCEEDINGS |
|
|
Date of the Edict: 20/04/2011 |
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PHASE |
DECLARATION PHASE OF THE INSOLVENCY PROCEEDINGS |
|
|
Date of the Edict: 20/04/2011 |
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PHASE |
INSOLVENCY PROCEEDINGS/FIRST CREDITORS MEETING |
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Date of the Edict: 08/03/2011 |
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PHASE |
INSOLVENCY PROCEEDINGS/APPOINTMENT OF BANKRUPTCY RECEIVERS |
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Date of the Edict: 30/11/2009 |
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Observations: MARTINEZ-FALERO ESPASA JULIAN RAMON |
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PHASE |
INSOLVENCY PROCEEDINGS / DECLARATION |
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Date of the Edict: 30/11/2009 |
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PHASE |
DECLARATION PHASE OF THE INSOLVENCY PROCEEDINGS |
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Date of the Edict: 30/11/2009 |
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Latest Administrative Claims
figures expressed in €
WITH THE SOCIAL SECURITY.
Enforcement
|
DATE |
ORGANIZATION |
AMOUNT |
|
26/12/2011 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
21.431,80 |
|
26/12/2011 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
10.272,73 |
|
24/11/2011 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
31.340,51 |
Notifications
|
DATE |
ORGANIZATION |
AMOUNT |
|
09/11/2011 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
5.002,92 |
There are 17 administrative claims with the Social Security
WITH OTHER OFFICIAL BODIES.
Seizures
|
DATE |
ORGANIZATION |
AMOUNT |
|
13/09/2011 |
DEPUTATION/ DELEGATION XARXA LOCAL DE MUNICIPIS (XALOC) |
|
|
10/05/2011 |
DEPUTATION/ DELEGATION DE GERONA |
|
There are 2 administrative claims with Other Official bodies
registered
Detail of the Latest Administrative Claims
figures expressed in €
Enforcement
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: 26/12/2011
Period: 0511 0511
Amount: 21.431,8
figures expressed in €
Enforcement
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: 26/12/2011
Period: 0511 0511
Amount: 10.272,73
Summary
The 42,86% of the unpaid contracts, that
mean 82,24% of the amount, have been declared as unsuccessful by its
creditor considering its recovery extremely difficult in
the 7,14% of the contracts there have yet been begun legal actions to
obtain its recovery.
It has not fulfilled its contract obligations with financial entities
and a varied series of companies. It has to be stressed
that 90,00% of the unpaid amount corresponds to contracts with the
financial system.
The 100,00% of the non-fulfilment of payment obligations have
more than 6 months.
The 42,86% of the non-fulfilment of payment obligations with
more than 6 months has been catalogued as unsuccessful.
|
CHARACTERISTICS OF THE OPERATION |
NON-PAYMENT CHARACTERISTICS |
||||||
|
Creditor Type |
Product |
Amount of the operations |
Situation |
Number of non-payments |
Non-payment amount |
Date of the first non-payment |
Date of the last non-payment |
|
Saving Banks |
Leasing |
- |
Bad Debt |
37 |
316.849,79 |
10/07/2009 |
10/07/2012 |
|
Saving Banks |
Personal Loans |
- |
Bad Debt |
37 |
270.590,70 |
15/07/2009 |
15/07/2012 |
|
Saving Banks |
Leasing |
- |
Bad Debt |
35 |
246.212,46 |
15/07/2009 |
15/05/2012 |
|
Saving Banks |
Mortgage Loan |
- |
> 180 days from the first expired default |
16 |
65.826,68 |
31/03/2011 |
30/06/2012 |
|
Financial Credit Establishment |
Leasing |
- |
> 180 days from the first expired default |
24 |
42.308,04 |
10/06/2009 |
10/05/2011 |
|
Financial Credit Establishment |
Leasing |
- |
> 180 days from the first expired default |
24 |
36.831,84 |
10/06/2009 |
10/05/2011 |
|
Saving Banks |
Personal Loans |
- |
Bad Debt |
13 |
27.539,97 |
15/07/2009 |
15/07/2010 |
|
Saving Banks |
Mortgage Loan |
- |
Judicial |
16 |
24.593,88 |
31/03/2011 |
30/06/2012 |
|
Saving Banks |
Personal Loans |
- |
Bad Debt |
12 |
19.296,53 |
20/07/2009 |
20/06/2010 |
|
Renting Entities |
Renting |
- |
> 180 days from the first expired default |
39 |
13.729,80 |
01/05/2009 |
02/07/2012 |
|
Credit Insurance Company |
Credit Policy |
- |
Bad Debt |
7 |
13.186,17 |
25/03/2009 |
15/09/2009 |
|
Saving Banks |
Current Account Overdraft |
- |
> 180 days from the first expired default |
- |
6.965,94 |
17/12/2009 |
01/07/2010 |
|
Financial Credit Establishment |
Leasing |
- |
> 180 days from the first expired default |
4 |
2.557,00 |
20/06/2009 |
20/09/2009 |
|
Saving Banks |
Current Account Overdraft |
- |
> 180 days from the first expired default |
- |
152,24 |
01/04/2011 |
01/07/2011 |
|
|
|
|
|
|
1.086.641,04 |
|
|
This information comes from Experian Bureau Empresarial Service,
property of Experian Bureau de Crédito S.A. It could just be used for
businessmen or professionals and for the own aims of the business, and could
not be transferred or transmitted to third parties, copied, duplicate or
reproduce, nor incorporate to any owned or external database, or reuse it in
any direct or indirect way. Experian Bureau de Crédito S.A. may file you for
damages it may suffer in case of breaching any of the afore mentioned
obligations. Experian would not be responsible of the lack of accuracy in the
supplied information when it coincides with the one supplied by the creditor
entities.
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
01/08/2012 08:08:46
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 |
5.780.542,40 |
38,30 |
6.640.235,63 |
33,32 |
|
B) CURRENT ASSETS |
9.313.485,76 |
61,70 |
13.287.631,91 |
66,68 |
|
LIABILITIES |
|
|
|
|
|
A) NET WORTH |
4.548.665,80 |
30,14 |
4.757.355,56 |
23,87 |
|
B) NON CURRENT LIABILITIES |
1.035.705,23 |
6,86 |
1.099.157,49 |
5,52 |
|
C) CURRENT LIABILITIES |
9.509.657,13 |
63,00 |
14.071.354,49 |
70,61 |
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 |
7.186.843,44 |
19.352.075,04 |
|
26.095.974,33 |
|
|
GROSS MARGIN |
|
4.364.153,65 |
22,55 |
7.948.359,08 |
30,46 |
|
EBITDA |
|
-871.279,91 |
-4,50 |
1.460.331,19 |
5,60 |
|
EBIT |
|
-1.838.259,98 |
-9,50 |
816.055,91 |
3,13 |
|
NET RESULT |
-3.660.307,36 |
-208.553,08 |
-1,08 |
240.717,72 |
0,92 |
|
EFFECTIVE TAX RATE (%) |
|
-29,89 |
0,00 |
8,98 |
0,00 |
COMPARATIVE SECTOR ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2008) |
SECTOR |
DIFFERENCE |
|
|
|
BALANCE SHEET ANALYSIS: % on the total assets |
|
|
|
|
|
|
ASSETS |
|
|
|||
|
A) NON CURRENT ASSETS |
38,30 |
29,85 |
8,44 |
|
|
|
A) CURRENT ASSETS |
61,70 |
70,15 |
-8,44 |
|
|
|
LIABILITIES |
|
|
|||
|
A) NET WORTH |
30,14 |
41,01 |
-10,88 |
|
|
|
B) NON CURRENT LIABILITIES |
6,86 |
15,35 |
-8,49 |
|
|
|
C) CURRENT LIABILITIES |
63,00 |
43,63 |
19,37 |
|
|
|
|
|
|
|
|
|
|
|
COMPANY (2008) |
SECTOR |
DIFFERENCE |
|
|
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total operating income |
|
|
|
|
|
|
SALES |
99,08 |
99,15 |
-0,07 |
|
|
|
GROSS MARGIN |
22,34 |
32,85 |
-10,50 |
|
|
|
EBITDA |
-4,46 |
4,89 |
-9,35 |
|
|
|
EBIT |
-9,41 |
2,07 |
-11,48 |
|
|
|
NET RESULT |
-1,07 |
0,88 |
-1,94 |
|
|
Sector Composition
Compared sector (NACE 2009): 2732
Number of companies: 12
Size (sales figure): 7,000,000.00 - 40,000,000.00 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 |
-3.660.307,36 |
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 |
-3.660.307,36 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
-3.660.307,36 |
|
|
|
Application total |
-3.660.307,36 |
Auditing
Source: filing of annual financial statement 2008
Auditors’ opinion: FAVOURABLE WITH RESERVATIONS
Auditor: G.P.M. AUDITORS ASSOCIATS S.L.
Auditing exceptions:
TAL Y COMO SE MENCIONA EN LA NOTA 4.G. DE LA MEMORIA, LA SOIEDAD VALORA
LAS EXISTENCIAS A PRECIO DE ADQUISICION O COSTE DE PRODUCCION Y REALIZA LAS
OPORTUNAS CORRECCIONES VALORATIVAS CUANDO EL VALOR NETO REALIZABLE DE LAS
EXISTENCIAS ES INFERIOR. DADA LA CONTRACCION DEL MERCADO EN EL QUE OPERA LA
SOCIEDAD Y EN ESPECIAL EL DE LA CONSTRUCCION, ASI COMO LA EVOLUCION DEL PRECIO
DE COTIZACION DEL COBRE, A FECHA DE CIERRE EXISTE UNA INCERTIDUMBRE RESPECTO AL
VALOR DE REALIZACION DE LAS EXISTENCIAS DE LA SOCIEDAD. TAL Y COMO SE MENCIONA
EN LA NOTA 19 DE LA MEMORIA, EL 1 DE MARZO DE 2009 LA SOCIEDAD HA INICIADO, CON
AUTORIZACION DEL DEPARTAMENT DE TREBALL DE LA GENERALITAT DE CATALUNYA Y CON
ACUERDO DE LOS TRABAJADORES, UNA REDUCCION DEL 40% DE LA JORNADA LABORAL DE LA
TOTALIDAD DE LA PLANTILLA DURANTE 6 MESES POR CAUSAS DE PRODUCCION. ASIMISMO,
CON FECHA 30 DE ABRIL DE 2009. LA SOCIEDAD HA SOLICITADO EN EL JUZGADO DE LO
MERCANTIL DE GIRONA CONCURSO VOLUNTARIO DE ACREEDORES AL NO PODN
ADDRESSES
Current Legal Seat Address:
CARRETERA C- 65, S/N
17244 CASSA DE LA SELVA GERONA
Previous Seat Address:
CARRETERA C- 65 (KM 11)
17244 CASSA DE LA SELVA GERONA
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Insolvency Proceeding related Positions : 1 member (latest
change: 13/05/2011)
Operative Board Members : 6 (latest change: 21/01/2009)
Non-current positions : 21 (latest change: 13/05/2011)
Main Board members, Directors and Auditor
Insolvency Proceeding related Positions
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
BANKRUPTCY RECEIVER |
COSTAL COLL, GERARD |
13/05/2011 |
There are 1 board members, directors and auditors
|
POSITION |
NAME AND SURNAME |
|
Manager |
BOADAS FALQUES, MONTSERRAT |
|
Financial Manager |
MIR, ANGELA |
|
Human Resources Director |
MIRALLES, MARTA |
|
Commercial Director |
GASET, FERRAN |
|
Purchases Director |
CELRA, MARGA |
|
Operations Director |
FORTIA TOR, JOSEP |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
BOADAS FALQUES JUAN |
|
33,55 |
MERCANTILE REGISTER |
31/12/2009 |
|
|
BOADAS FALQUES MONTSERRAT |
|
33,55 |
MERCANTILE REGISTER |
31/12/2009 |
|
|
FALQUES TUNEU JOAQUINA |
|
32,89 |
MERCANTILE REGISTER |
31/12/2009 |
There are 3 direct financial links through shareholders
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
BOADAS TUNEU JOAQUINA |
|
32,89 |
MERCANTILE REGISTER |
31/12/2009 |
|
|
BOADAS PUIG JUAN |
|
Indef. |
OWN SOURCES |
03/07/2001 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
ARIDICONTRACT SOCIEDAD LIMITADA (EXTINGUIDA) |
B17418542 |
96,77 |
OWN SOURCES |
03/07/2001 |
%20”INECSA”%20-%20189195%2007-Aug-2012_files/image004.gif){kind=small}
Company with rating inferior to 7
BUSINESS INFORMATION
Incorporation date: 24/10/1968
Establishment date: 01/01/1960
Founder’s Name: Juan Boadas Puig
Code: 1341000
Activity: Mfg. of insulated electric wires & cables
NACE 2009 CODE: 2732
NACE 2009 Activity: Manufacture of other electronic and electric
wires and cables
Business: FABRICACION DE HILOS Y CABLES AISLADOS PARA BOBINAS
Y OTRO MATERIAL DE ALUMBRADO.
Latest employees figure: 38 (2011)
% of fixed employees: 94,93%
% of temporary employees: 5,07%
COMMERCIAL OPERATIONS
PURCHASES
Import Percentage: 15%
Imports from: Alemania
SALES
Cash collections: 10%
Credit collections: 90%
Export Percentage: 22%
Exports to: Libano, Italia, Francia, Alemania, Sudamerica,
Emiratos Arabes, entre otros
National Distribution: 78%
SUPPLIERS
|
BUSINESS NAME |
INTERNATIONAL |
|
RTM ATLANTIC COOPER SA |
NO |
There are 1 Suppliers
CLIENTS
|
BUSINESS NAME |
INTERNATIONAL |
|
SEG ROYAL DIAMOND SA |
NO |
There are 1 Clients
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO POPULAR ESPAŃOL, S.A. |
|
|
CASSA DE LA SELVA |
|
|
BANCO SANTANDER, S.A. |
|
|
CASSA DE LA SELVA |
|
|
BANCO DE SABADELL, S.A. |
|
|
CASSA DE LA SELVA |
|
|
CATALUNYA BANC, S.A. |
|
|
|
|
There are 4 bank entities registered
Brand name: INCESA (Valid)
Type: JOINT Scope: NATIONAL Date: 28/10/2003
Brand name: COANSA (Valid)
Type: JOINT Scope: NATIONAL Date: 20/09/1995
There are 2 brands, signs and commercial names
LEGAL STRUCTURE
Constitution Data
Register Date: 24/10/1968
Legal form: Joint-stock Company
Share capital: 1.481.765,50 €
Paid-up capital: 1.481.765,50 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2010)
B.O.R.M.E.
(OFFICIAL GAZETTE OF THE MERCANTILE REGISTER)
Acts on activity: 0
Acts on administrators: 42 (Last: 24/05/2011, first:
01/10/1990)
Acts on capital: 2 (Last: 06/05/1999, first:
21/08/1997)
Acts on creation: 0
Acts on filed accounts: 20 (Last: 24/08/2010, first: 07/11/1991)
Acts on identification: 0
Acts on Information: 8 (Last: 17/08/2006, first:
01/10/1990)
Acts on proceedings: 5 (Last: 24/05/2011, first:
02/02/2010)
Latest acts in B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Appointments |
24/05/2011 |
220664 |
Gerona |
|
Resignations |
24/05/2011 |
220664 |
Gerona |
|
Insolvency Proceeding |
24/05/2011 |
220664 |
Gerona |
|
Insolvency Proceeding |
24/05/2011 |
220664 |
Gerona |
|
Insolvency Proceeding |
04/05/2011 |
191989 |
Gerona |
|
Resignations |
04/05/2011 |
191989 |
Gerona |
|
Annual Filed Accounts (2009) |
24/08/2010 |
355112 |
Gerona |
|
Appointments |
02/02/2010 |
42340 |
Gerona |
|
Insolvency Proceeding |
02/02/2010 |
42340 |
Gerona |
|
Insolvency Proceeding |
02/02/2010 |
42340 |
Gerona |
There are 77 acts
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: 2 (Last: 27/01/2011, first: 06/05/2009)
Business lines: 0
Historical press releases: 0
Latest press article published
27/01/2011 EXPANSIÓN DE CATALUŃA - INSOLVENCY
PROCEEDINGS
INDUSTRIAL ELÉCTRICA CASSANENSE (INECSA) ha presentado un expediente de
liquidación, lo que dejará sin empleo a los 38 trabajadores que quedaban en
plantilla.
Los responsables de la empresa, dedicada a la producción y
comercialización de componentes para la iluminación, sostienen que la falta de
liquidez provocada por la negativa de las entidades financieras a darles
crédito ha impedido llevar a cabo un proyecto viable en la actualidad. INECSA
ha presentado, paralelamente, un expediente de regulación de empleo
(ERE).
06/05/2009 OTROS PRENSA - INSOLVENCY PROCEEDINGS
LA EMPRESA DE COMPONENTES PARA ILUMINACION INDUSTRIAL ELECTRICA
CASSANENSE (INECSA) HA ANUNCIADO A LA PLANTILLA LA PRESENTACION DE UN CONCURSO
DE ACREEDORES ANTE LA CAIDA DE LAS VENTAS Y LA FALTA DE LIQUIDEZ. LA CIA., QUE
HA SUFRIDO LA BAJADA DEL SECTOR DE LA CONSTRUCCION, YA PRESENTO HACE TRES MESES
UN EXPEDIENTE DE REGULACION DE EMPLEO TEMPORAL QUE REDUJO EN UN 40% LA JORNADA
A LOS CASI 90 TRABAJADORES DE LA PLANTILLA DURANTE MEDIO AŃO. A PARTIR DE
AHORA, EL JUEZ ANALIZARA LA DOCUMENTACION Y DEBERA DECIDIR SI ADMITE A TRAMITE
EL CONCURSO DE ACREEDORES.
There are 2 press articles registered for this company
Complementary Information
Financial Information
El balance 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 tesoreria esta incorrectamente presentada con importe
negativo.
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 Individual Filed Accounts contained in this
report is extracted from the Mercantile Register file of the legal address of
the Company and dated 07/12/2009.
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 Mercantile 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 |
5.780.542,40 |
38,30 |
6.640.235,63 |
33,32 |
|
I. Intangible assets |
113.487,21 |
0,75 |
1.594.111,31 |
8,00 |
|
5. Software |
113.487,21 |
0,75 |
|
|
|
II. Tangible fixed assets |
5.564.293,75 |
36,86 |
5.044.493,94 |
25,31 |
|
1. Property, plant and equipment |
831.594,09 |
5,51 |
|
|
|
2. Technical fittings and other tangible assets |
4.732.699,66 |
31,35 |
|
|
|
III. Real-estate investments |
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
|
|
|
|
|
V. Long Term Financial Investments |
1.654,42 |
0,01 |
1.630,38 |
0,01 |
|
5. Other financial assets |
1.654,42 |
0,01 |
1.630,38 |
0,01 |
|
VI. Assets by deferred taxes |
101.107,02 |
0,67 |
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
B) CURRENT ASSETS |
9.313.485,76 |
61,70 |
13.287.631,91 |
66,68 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
II. Stocks |
3.891.455,35 |
25,78 |
5.587.676,50 |
28,04 |
|
1. Goods available for sale |
193.438,62 |
1,28 |
|
|
|
2. Raw material inventory |
997.495,59 |
6,61 |
|
|
|
3. Work in Progress |
226.811,24 |
1,50 |
|
|
|
b) Short production cycle |
226.811,24 |
1,50 |
|
|
|
4. Finished goods |
2.473.709,90 |
16,39 |
|
|
|
b) Short production cycle |
2.473.709,90 |
16,39 |
|
|
|
III. Trade Debtors and other receivable accounts |
4.773.783,18 |
31,63 |
7.560.513,00 |
37,94 |
|
1. Clients |
4.742.611,38 |
31,42 |
7.506.949,67 |
37,67 |
|
b) Clients for sales and short term services
rendering |
4.742.611,38 |
31,42 |
|
|
|
3. Other debts |
22.395,12 |
0,15 |
22.240,12 |
0,11 |
|
4. Staff |
|
|
57,55 |
0,00 |
|
5. Assets by current taxes |
7.982,25 |
0,05 |
|
|
|
6. Other credits with the Public Administrations |
794,43 |
0,01 |
31.265,66 |
0,16 |
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
|
V. Short term financial investments |
|
|
|
|
|
VI. Short term periodifications |
|
|
|
|
|
VII. Cash and equivalents |
648.247,23 |
4,29 |
139.442,41 |
0,70 |
|
1. Treasury |
648.247,23 |
4,29 |
139.442,41 |
0,70 |
|
TOTAL ASSETS (A + B) |
15.094.028,16 |
100,00 |
19.927.867,54 |
100,00 |
Alerts associated to the conversion to PGC2007
%20”INECSA”%20-%20189195%2007-Aug-2012_files/image005.gif){kind=small}
In the conversion process the amount of
goods obtained through leasing, that under PGC90 reaches %1 of the expenses,
has been maintained in the item “Intangible Assets”, as it is not possible to
estimate in a precise way its accumulated amortization, as, according to they
nature, they should be registered in the Tangible Assets.
%20”INECSA”%20-%20189195%2007-Aug-2012_files/image006.gif){kind=small}
In the conversion process there has
been estimated that the total item 143070 “Provisions on debtors” according to
PGC90, for %1, is associated to “Clients for sales and services rendering”.
Net Worth and Liabilities
Figures given in €
|
|
31/12/2008 (12) |
% ASSETS |
31/12/2007 (12) |
% ASSETS |
|
A) NET WORTH |
4.548.665,80 |
30,14 |
4.757.355,56 |
23,87 |
|
A-1) Equity |
4.548.665,80 |
30,14 |
4.757.355,56 |
23,87 |
|
I. Capital |
1.481.765,50 |
9,82 |
1.481.765,50 |
7,44 |
|
1. Authorized capital |
1.481.765,50 |
9,82 |
1.481.765,50 |
7,44 |
|
II. Issue premium |
187.802,62 |
1,24 |
187.802,62 |
0,94 |
|
III. Reserves |
3.251.888,46 |
21,54 |
3.252.025,14 |
16,32 |
|
1. Legal and statutory |
296.353,10 |
1,96 |
296.353,10 |
1,49 |
|
2. Other funds |
2.955.535,36 |
19,58 |
2.955.672,04 |
14,83 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
V. Results from previous years |
-164.237,70 |
-1,09 |
-404.955,42 |
-2,03 |
|
2. (Prior years losses) |
-164.237,70 |
-1,09 |
-404.955,42 |
-2,03 |
|
VI. Other loans from partners |
|
|
|
|
|
VII. Exercise Result |
-208.553,08 |
-1,38 |
240.717,72 |
1,21 |
|
VIII. (Interim dividend) |
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
I. Financial assets available for sale |
|
|
|
|
|
II. Coverage operations |
|
|
|
|
|
III. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
|
IV. Conversion differences |
|
|
|
|
|
V. Other |
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
1.035.705,23 |
6,86 |
1.099.157,49 |
5,52 |
|
I. Long term provisions |
|
|
|
|
|
II. Long term debts |
833.192,44 |
5,52 |
1.099.157,49 |
5,52 |
|
2. Debts with bank entities |
285.067,25 |
1,89 |
324.318,71 |
1,63 |
|
3. Financial leasing creditors |
548.125,19 |
3,63 |
774.838,78 |
3,89 |
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
IV. Liabilities by deferred taxes |
202.512,79 |
1,34 |
|
|
|
V. Long term periodifications |
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
C) CURRENT LIABILITIES |
9.509.657,13 |
63,00 |
14.071.354,49 |
70,61 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
III. Short term debts |
7.227.655,09 |
47,88 |
10.419.055,75 |
52,28 |
|
2. Debts with bank entities |
6.948.090,68 |
46,03 |
10.062.524,74 |
50,49 |
|
3. Financial leasing creditors |
279.564,41 |
1,85 |
356.531,01 |
1,79 |
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
V. Trade creditors and other payable accounts |
2.282.002,04 |
15,12 |
3.652.298,74 |
18,33 |
|
1. Suppliers |
2.158.806,21 |
14,30 |
3.152.191,96 |
15,82 |
|
b) Short term suppliers |
2.158.806,21 |
14,30 |
|
|
|
4. Staff (pending remunerations) |
12.624,88 |
0,08 |
|
|
|
6. Other debts with Public Administrations |
110.570,95 |
0,73 |
500.106,78 |
2,51 |
|
VI. Short term periodifications |
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
15.094.028,16 |
100,00 |
19.927.867,54 |
100,00 |
Alerts associated to the conversion to PGC2007
In the conversion process it has not
been possible to breakdown the composition of liabilities originated by debts
with the public administrations; for this reason the mentioned amounts are
presented fully aggregated in the item “other debts with the public
administrations”
PROFIT AND LOSS ACCOUNT
Figures given in €
|
|
31/12/2008 (12) |
%OPERATING INCOME |
31/12/2007 (12) |
%OPERATING INCOME |
|
A) CONTINUED OPERATIONS |
|
|
|
|
|
1. Net Turnover |
19.352.075,04 |
99,08 |
26.095.974,33 |
98,89 |
|
A) Sales |
19.352.075,04 |
99,08 |
26.095.974,33 |
98,89 |
|
2. Variation in stocks of finished goods and work in progress |
-711.452,16 |
-3,64 |
-224.465,22 |
-0,85 |
|
3. Works for its own assets |
124.846,47 |
0,64 |
151.309,85 |
0,57 |
|
4. Supplies |
-14.455.529,65 |
-74,01 |
-18.215.420,62 |
-69,03 |
|
a) Material consumed |
-849.640,74 |
-4,35 |
-793.960,99 |
-3,01 |
|
b) Raw materials consumed |
-13.518.889,84 |
-69,22 |
-17.318.923,54 |
-65,63 |
|
c) Works carried out for other companies |
-86.999,07 |
-0,45 |
-102.536,09 |
-0,39 |
|
5. Other operating income |
54.213,95 |
0,28 |
140.960,74 |
0,53 |
|
a) Other incomes |
46.606,50 |
0,24 |
127.761,65 |
0,48 |
|
b) Operating grants included in the exercise result |
7.607,45 |
0,04 |
13.199,09 |
0,05 |
|
6. Labour cost |
-3.109.933,53 |
-15,92 |
-3.979.075,09 |
-15,08 |
|
a) Wages and similar expenses |
-2.393.908,73 |
-12,26 |
|
|
|
b) Social costs |
-716.024,80 |
-3,67 |
|
|
|
7. Other operating costs |
-2.540.096,74 |
-13,01 |
-2.595.393,71 |
-9,84 |
|
a) External services |
-2.068.466,85 |
-10,59 |
-2.480.210,87 |
-9,40 |
|
b) Taxes |
-30.913,60 |
-0,16 |
-29.626,68 |
-0,11 |
|
c) Losses, deterioration and variation on business operations
provisions |
-411.178,75 |
-2,11 |
-68.851,91 |
-0,26 |
|
d) Other day to day expenses |
-29.537,54 |
-0,15 |
-16.704,25 |
-0,06 |
|
8. Amortization of fixed assets |
-555.801,32 |
-2,85 |
-575.423,37 |
-2,18 |
|
9. Allocation of subventions on non financial investments and other |
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
1.740,00 |
0,01 |
17.589,00 |
0,07 |
|
b) Results for disposals and others |
1.740,00 |
0,01 |
17.589,00 |
0,07 |
|
12. Negative difference of business combinations |
|
|
|
|
|
13. Other results |
1.677,96 |
0,01 |
|
|
|
A.1) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 +
12 + 13) |
-1.838.259,98 |
-9,41 |
816.055,91 |
3,09 |
|
14. Financial income |
69.610,15 |
0,36 |
67.801,96 |
0,26 |
|
b) From negotiable values and other financial instruments |
69.610,15 |
0,36 |
67.801,96 |
0,26 |
|
b 2) From third parties |
69.610,15 |
0,36 |
67.801,96 |
0,26 |
|
15. Financial expenses |
-570.522,86 |
-2,92 |
-616.299,16 |
-2,34 |
|
b) For debts with third parties |
-570.522,86 |
-2,92 |
-616.299,16 |
-2,34 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
17. Exchange differences |
4.869,14 |
0,02 |
-3.092,40 |
-0,01 |
|
18. Deterioration and result for disposal of financial instruments |
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
A.2) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-496.043,57 |
-2,54 |
-551.589,60 |
-2,09 |
|
A.3) RESULT BEFORE TAXES (A.1 + A.2) |
-2.334.303,55 |
-11,95 |
264.466,31 |
1,00 |
|
20. Taxes on profits |
697.765,85 |
3,57 |
-23.748,59 |
-0,09 |
|
A.4) EXERCISE RESULT COMING FROM CONTINUED OPERATIONS (A.3 + 20) |
-1.636.537,70 |
-8,38 |
240.717,72 |
0,91 |
|
B) DISCONTINUED OPERATIONS |
|
|
|
|
|
21. Net of taxes exercise result coming from discontinued operations |
1.427.984,62 |
7,31 |
|
|
|
A.5) EXERCISE RESULT (A.4 + 21) |
-208.553,08 |
-1,07 |
240.717,72 |
0,91 |
Alerts associated to the conversion to PGC2007
In the financial statements conversion
process of the accounts formulation exercise to PGC2007 it could not be
identified the amount of discounts on sales for prompt payment that under
PGC2007 are registered reducing sales and not as a financial expense.
The valuation norms applicable to
discontinued operations have changed substantially and, for this reason, the
conversion of financial statements of the formulation exercise of the accounts
to PGC2007 could include notable inaccuracies. It is not possible to identify
in the value conversion of those operations if the company has incurred in the
cases collected in that item. The value of the afore mentioned operations for
the subsequent exercise reach %1.
NET WORTH CHANGES STATUS
Status of recognized income and expenses
Figures given in €
|
NET WORTH CHANGES (1/3) |
31/12/2008 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
-208.553,08 |
|
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) |
-208.553,08 |
Total net worth changes status
Figures given in €
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
ISSUE PREMIUM |
RESERVES |
RESULTS FROM PREVIOUS EXERCISES |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
1.481.765,50 |
187.802,62 |
3.310.457,98 |
-404.955,42 |
|
I. Adjustments by change of criteria in the exercise (2007) |
|
|
-58.432,84 |
|
|
II. Adjustments by errors in the exercise (2007) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
1.481.765,50 |
187.802,62 |
3.252.025,14 |
-404.955,42 |
|
I. Total recognized income and expenses |
|
|
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
-136,68 |
240.717,72 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
1.481.765,50 |
187.802,62 |
3.251.888,46 |
-164.237,70 |
|
NET WORTH CHANGES ( 3 /3) |
EXERCISE RESULT |
TOTAL |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
240.717,72 |
4.815.788,40 |
|
|
|
I. Adjustments by change of criteria in the exercise (2007) |
|
-58.432,84 |
|
|
|
II. Adjustments by errors in the exercise (2007) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
240.717,72 |
4.757.355,56 |
|
|
|
I. Total recognized income and expenses |
-208.553,08 |
-208.553,08 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
-240.717,72 |
-136,68 |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
-208.553,08 |
4.548.665,80 |
|
|
CASH FLOW STATUS
Figures given in €
|
|
31/12/2008 (12) |
|
A) CASH FLOW COMING FROM OPERATING ACTIVITIES |
|
|
1. exercise result before taxes |
-294.325,52 |
|
2. Results adjustments |
-776.459,12 |
|
a) Amortization of fixed assets (+) |
589.811,08 |
|
e) Results for decline and disposal of fixed assets (+/-) |
-1.742.336,44 |
|
g) Financial income (-) |
-69.610,15 |
|
f) Financial expenses (+) |
570.522,86 |
|
k) Other income and expenses (-/+) |
-124.846,47 |
|
3. Changes in current capital |
3.301.589,27 |
|
a) Stocks (+/-) |
1.696.221,15 |
|
b) Debtors and other receivable accounts (+/-) |
2.761.687,18 |
|
d) Creditors and other payable accounts (+/-) |
-1.156.319,06 |
|
4. Other cash flow coming from operating activities |
-502.669,50 |
|
a) Interests payments (-) |
-570.522,86 |
|
c) Interests collections (+) |
69.610,15 |
|
d) Collections (payments) for profit tax (+/-) |
-1.756,79 |
|
5. Cash flow coming from operating activities (1 + 2 + 3 + 4) |
1.728.135,13 |
|
B) CASH FLOW COMING FROM INVESTING ACTIVITIES |
|
|
6. Investment payments (-) |
-507.564,60 |
|
b) Intangible assets |
-36.466,32 |
|
c) Tangible assets |
-471.074,24 |
|
e) Other financial assets |
-24,04 |
|
7. Disinvestment collections (+) |
2.745.600,00 |
|
c) Tangible assets |
2.745.600,00 |
|
8. Cash Flow in investment activities (6 + 7) |
2.238.035,40 |
|
C) CASH FLOW COMING FROM FINANCING ACTIVITIES |
|
|
9. Net worth instruments collections and payments |
|
|
10. Financial liabilities instruments collections and payments |
-3.457.365,71 |
|
a) Issue |
300.000,00 |
|
2. Debts with bank entities (+) |
300.000,00 |
|
b) Return and amortization of |
-3.757.365,71 |
|
2. Debts with bank entities (-) |
-3.757.365,71 |
|
11. Payments for dividends and remunerations of other net worth
instruments |
|
|
12. Cash Flow in financing activities (9 + 10 + 11) |
-3.457.365,71 |
|
D) Exchange rate variations effect |
|
|
E) NET CASH OR EQUIVALENTS INCREASE / REDUCTION (5 + 8 + 12 + D) |
508.804,82 |
|
Cash or equivalents at the beginning of the exercise |
139.442,41 |
|
Cash or equivalents at the end of the exercise |
648.247,23 |
RATIOS
|
|
31/12/2008 (12) |
CHANGE % |
31/12/2007 (12) |
|
BALANCE RATIOS |
|||
|
Working Capital (€) |
-196.171,37 |
74,97 |
-783.722,58 |
|
Working capital ratio |
-0,01 |
75,00 |
-0,04 |
|
Soundness Ratio |
0,79 |
9,72 |
0,72 |
|
Average Collection Period (days) |
89 |
-14,83 |
104 |
|
Average Payment Period (days) |
48 |
-23,86 |
63 |
|
LIQUIDITY RATIOS |
|||
|
Current Ratio (%) |
97,94 |
3,72 |
94,43 |
|
Quick Ratio (%) |
6,82 |
588,89 |
0,99 |
|
DEBT RATIOS |
|||
|
Borrowing percentage (%) |
53,40 |
-7,61 |
57,80 |
|
External Financing Average Cost |
0,07 |
40,00 |
0,05 |
|
Debt Service Coverage |
4,66 |
-66,97 |
14,11 |
|
Interest Coverage |
-3,22 |
-343,94 |
1,32 |
|
GENERAL AND ACTIVITIES RATIOS |
|||
|
Auto financing generated by sales (%) |
8,93 |
185,30 |
3,13 |
|
Auto financing generated by Assets (%) |
11,45 |
179,27 |
4,10 |
|
Breakdown Point |
0,91 |
-11,65 |
1,03 |
|
Average Sales Volume per Employee |
140.232,43 |
-26,38 |
190.481,56 |
|
Average Cost per Employee |
22.535,75 |
-22,41 |
29.044,34 |
|
Assets Turnover |
1,28 |
-2,29 |
1,31 |
|
Inventory Turnover (days) |
97 |
-12,38 |
111 |
|
RESULTS RATIOS |
|||
|
Return on Assets (ROA) (%) |
-12,18 |
-397,07 |
4,10 |
|
Operating Profitability (%) |
-8,48 |
-219,94 |
7,07 |
|
Return on Equity (ROE) (%) |
-51,32 |
-1.023,02 |
5,56 |
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 |
38,30 |
29,85 |
8,44 |
|
A) CURRENT ASSETS |
61,70 |
70,15 |
-8,44 |
|
LIABILITIES |
|||
|
A) NET WORTH |
30,14 |
41,01 |
-10,88 |
|
B) NON CURRENT LIABILITIES |
6,86 |
15,35 |
-8,49 |
|
C) CURRENT LIABILITIES |
63,00 |
43,63 |
19,37 |
|
|
|
|
|
Results Analytical Account
Figures given in %
|
|
COMPANY (2008) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
99,08 |
99,15 |
-0,07 |
|
Other operating income |
0,92 |
0,85 |
0,07 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-74,01 |
-67,31 |
-6,70 |
|
Variation in stocks of finished goods and work in progress |
-3,64 |
0,16 |
-3,80 |
|
GROSS MARGIN |
22,34 |
32,85 |
-10,51 |
|
Other operating costs |
-13,01 |
-11,56 |
-1,45 |
|
Labour cost |
-15,92 |
-16,68 |
0,76 |
|
GROSS OPERATING RESULT |
-6,58 |
4,61 |
-11,19 |
|
Amortization of fixed assets |
-2,85 |
-2,67 |
-0,18 |
|
Deterioration and result for fixed assets disposal |
0,01 |
0,01 |
0,00 |
|
Other expenses / income |
|
0,12 |
|
|
NET OPERATING RESULT |
-9,41 |
2,07 |
-11,48 |
|
Financial result |
-2,54 |
-1,08 |
-1,46 |
|
RESULT BEFORE TAX |
-11,95 |
0,99 |
-12,94 |
|
Taxes on profits |
3,57 |
-0,11 |
3,68 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
-8,38 |
0,88 |
-9,26 |
|
Exercise result coming from discontinued operations net of taxes |
7,31 |
0,00 |
7,31 |
|
NET RESULT |
-1,07 |
0,88 |
-1,95 |
|
Amortization of fixed assets |
-2,85 |
-2,67 |
-0,18 |
|
Deterioration and provisions variation |
-4,95 |
-0,15 |
-4,80 |
|
|
6,73 |
3,70 |
3,03 |
Main Ratios
Figures given in €
|
|
COMPANY (2008) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
-196.171,37 |
1.148.108,20 |
3.206.526,31 |
5.434.423,78 |
|
Working capital ratio |
-0,01 |
0,09 |
0,24 |
0,38 |
|
Soundness Ratio |
0,79 |
0,87 |
1,25 |
1,68 |
|
Average Collection Period (days) |
89 |
99 |
127 |
150 |
|
Average Payment Period (days) |
48 |
87 |
94 |
127 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
97,94 |
117,38 |
152,55 |
251,62 |
|
Quick Ratio (%) |
6,82 |
1,85 |
8,30 |
35,89 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
53,40 |
10,18 |
36,04 |
47,79 |
|
External Financing Average Cost |
0,07 |
0,03 |
0,04 |
0,07 |
|
Debt Service Coverage |
4,66 |
0,73 |
7,12 |
14,48 |
|
Interest Coverage |
-3,22 |
-0,23 |
1,29 |
2,57 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
8,93 |
2,09 |
3,74 |
6,41 |
|
Auto financing generated by Assets (%) |
11,45 |
2,85 |
3,62 |
5,85 |
|
Breakdown Point |
0,91 |
0,99 |
1,02 |
1,04 |
|
Average Sales Volume per Employee |
140.232,43 |
132.595,25 |
260.198,99 |
332.341,25 |
|
Average Cost per Employee |
22.535,75 |
33.195,93 |
36.673,82 |
41.939,78 |
|
Assets Turnover |
1,28 |
0,93 |
0,98 |
1,26 |
|
Inventory Turnover (days) |
97 |
54 |
102 |
143 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
-12,18 |
-0,80 |
2,11 |
3,56 |
|
Operating Profitability (%) |
-8,48 |
3,28 |
4,97 |
8,18 |
|
Return on Equity (ROE) (%) |
-51,32 |
0,25 |
1,91 |
4,33 |
ADDITIONAL INFORMATION
This company has been consulted was last displayed on 02/05/2012,
0 times in the last quarter and 1.094 total times.
In case you need more information please do contact our Customer
Service:
E-mail: customerservice@informa.es
· Telephone number: +34 902 178 078 · Fax: +34 91 661 90 60.
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Due to the great quantity of information sources used in preparing this
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Leader in Business, Financial and Marketing information.
Avda. de la Industria, 32 (28108 - Alcobendas - MADRID)
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.47 |
|
|
1 |
Rs.86.60 |
|
Euro |
1 |
Rs.68.66 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.