MIRA INFORM REPORT
|
Report Date : |
06.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
ISKRA MIS, D.D. |
|
|
|
|
Registered Office : |
Ljubljanska cesta 24A, 4000 Kranj |
|
|
|
|
Country : |
Slovenia |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
01.01.1948 |
|
|
|
|
Com. Reg. No.: |
10128900 |
|
|
|
|
Legal Form : |
Joined Stocked Company |
|
|
|
|
Line of Business : |
Manufacture of electricity distribution and
control apparatus |
|
|
|
|
No. of Employees
: |
1132 |
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 : |
500.000 EUR |
|
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) |
|
Slovenia |
b1 |
b1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name & address
|
ISKRA MIS, d.d. |
Phone |
04 237 21 12 |
|
Ljubljanska cesta 24A |
Telefax |
04 237 21 09 |
|
4000 Kranj |
E-Mail |
|
|
Slovenia |
Web |
Crefo Nr. 9270026922
Statistical Nr. 5045142
Tax Nr. SI30536499
Registration: Kranj
Registration Nr. 10128900
Status
Economic situation
Business connection Business connection appear permissible (31)
Terms of payment No complaints
Credit Limit 500.000 EUR
Basic information
Legal form
Joined stocked Company
Founded
01/01/1948 as d.o.o. - Limited liability company
(Ltd.) 02/07/1990 as Joined stocked Company
last entry on 30.06.2011
On 30.6.2011 incorporation of the company
Iskra TELA d.d. (co.nu.5045738)
On 30.06.2010 incorporation of the company
Iskra kondenzatorji (company nu.5045762))
On 21.01.2008 incorporation of the company
Iskra Amper d.o.o. into the company Iskra Mis d.d.
On 30.12.2004 incorporation of the company
Iskra instrumenti d.d.
Registration
02/07/1990, Kranj, 10128900
Statistical Nr.: 5045142
Tax Nr.: SI30536499
Owners and Capital
|
Crefo Nr. |
Name / Address / Status |
From |
Share |
|
Head shareholders |
|||
|
9270004869 |
ISKRA, d.d. Statistical Nr.: 5330424 Kotnikova ulica 28, 1000 Ljubljana Slovenia Phone
Nr.: 01 308 32 40 Fax: 01 433 70 18 E-mail: iskra@iskra.eu WWW: www.iskra.eu |
|
100% |
Registered capital
|
Currency |
Value |
|
EUR |
10.468.812,85 |
On 30.06.2011 capital
increase for EUR 2.318.818,53
On 30.06.2010 capital
increase for EUR 4.758.719,91
Management
|
Crefo Nr. |
Name / Address / Status |
Since |
Power of attorney |
Board of Directors
|
|
Board member Damjan Mohoric Zali log 40a, 4228 Zelezniki
Slovenia |
|
|||
|
9270135615 |
chairman of the board Peter Kukovica Cankarjeva ulica 7a, 4000 Kranj Slovenia |
|
|||
|
Supervisory Board |
|||||
|
9270008604 |
chairman of the supervisory board Dusan Sesok Opekarniska ulica 43, 1235
Radomlje Slovenia |
|
|||
|
9270026818 |
Vice chairman of the board of directors JoZe Godec Ulica Franca Nebca 5, 1000 Ljubljana Slovenia |
|
|||
|
9270135617 |
member of the supervisory board Vicko Jurancic Sorlijeva ulica 29, 4000 Kranj Slovenia |
|
|||
Company addresses
|
Valid from |
Residence address |
Valid until |
|
|
Ljubljanska cesta 24A, 4000
Kranj, Slovenia Phone: 04 237 21 12 Telefax: 04 237 21 09 E-Mail: info@iskra-mis.si Web: www.iskra-mis.si |
|
Business activities
|
Main activity |
Nace |
|
Manufacture of electricity
distribution and control apparatus |
27.12 |
Additional activities Nace
Company Activity:
manufacture of electricity distribution and control
apparatus,
production of condensers and equipment,
production of electronic apparatus and equipment,
import-export.
Headquarters,business-production premises are
located on the address above, additional production
premises
are located in Otoce and on Vajdova ulica 71, Semic
business premises are also located on Savska loka
4, Kranj
also owned by the company is Smucarsko rekreacijski
center Bela (Ski and Recreation center) in Cermosnjice, company ownes only
installations and objects, the land is property of Sklad kmetijskih zemljisc in
gozdov. Major suppliers:
Vantico - Austria, BOLLORE-France, HOECHST Germany,
Klesper-Germany Main customers:
Whirlpool, Bosch-Siemens, Miele, AEG-Germany,
INTERELEKTRIK-Austria, Cirtek-Taiwan, SAMSUNG Korea, ASTEC, GOLD STAR Korea,
MERKONT-Italy, HOT POINT-England
Economic data
Turnover
and Employees
|
Date |
Turnover |
Employees |
|
2007 |
23.840.992 EUR |
|
|
2008 |
28.797.638 EUR |
465 |
|
2009 |
20.434.997 EUR |
469 |
|
2010 |
55.390.921 EUR |
1000 |
|
2011 |
|
1132 |
finance for the company
Iskra TELA d.d.
annual turnover 2010 EUR 15.781.716,--
profit 2010 EUR 456,--
Import / Export
|
|
Import |
Export |
|
Percentage |
Unknown |
Unknown |
|
Countries |
Germany, Italy, Slovakia, Great-Britain, USA, China |
Italy, Denmark, Germany,
Netherlands |
Properties
|
Name |
Detail |
Currency |
Value |
|
Land |
Company's property Ljubljanska cesta 24a, Kranj
4000, Slovenia per 31.12.2010 |
EUR |
1.852.636 (Official
source) |
|
Buildings |
Company's property Ljubljanska cesta 24a, Kranj
4000, Slovenia per 31.12.2010 |
EUR |
8.156.623 (Official
source) |
Supplementary data
Remarks
to your inquiry:
on inquired address are production premises
located. company name:
ISKRA, MERILNI INSTRUMENTI IN
STIKALA, d.d., Kranj
The company belongs to Iskra group
Banks
|
Code |
Bank name / Address |
Account Nr. |
|
122 |
ABANKA VIPAd.d. Slovenska cesta 58, 1517 Ljubljana , 1517, |
SI56
051008013308489 |
|
116 |
BANKA VOLKSBANK d.d. Dunajska cesta 128a, 1000 Ljubljana , 1000, |
SI56 3000 0000 4469 117 |
|
116 |
BANKA VOLKSBANK d.d. Dunajska cesta 128a, 1000 Ljubljana , 1000, |
SI56
3000 0010 4469 133 |
|
110 |
GORENJSKA BANKA d.d. Bleiweisova cesta 1, 4000 Kranj , 4000, |
SI56 0700 0000 0004 843 |
|
102 |
NOVA KREDITNA BANKA MARIBOR d.d. Ulica Vita Kraigherja 4, 2505 Maribor , 2505, |
SI56
045150000955764 |
|
100 |
NOVA LJUBLJANSKA BANKA d.d., LJUBLJANA Trg republike 2, 1520 Ljubljana , 1250, |
SI56 0292 2025 3713 777 |
|
114 |
PROBANKA d.d. v Trg Leona Stuklja 12, 2000 Maribor, 2000, |
SI56
2510 0970 6317 186 |
Main indices
Payment experience
and credit opinion
|
Terms of payment |
No
complaints |
|
|
Business connection |
Business
connection appear permissible |
|
|
Credit Limit |
500.000 |
EUR |
Business development
|
Company development |
Positive |
|
|
Business course |
good |
|
Events
No negative events registered.
Balances
Balance
31.12.2010 The enclosed balance of 2010 is originated from official source, it is
authenticated by the auditor. 31.12.2009 The enclosed balance of 2009 is originated from official source, it is
authenticated by the auditor. 31.12.2008 The enclosed balance of 2008 is originated from official source, it is
authenticated by the auditor. 31.12.2007 The enclosed balance of 2007 is originated from official source, it is
authenticated by the auditor.
|
|
|
31/12/2010 1 EUR balance |
31/12/2009 1 EUR balance |
31/12/2008 1 EUR balance |
31/12/2007 1 EUR balance |
|
Name |
Ref. |
||||
|
ASSETS
(AKTIVA) |
|
47.819.348 |
22.459.665 |
22.839.231 |
20.681.867 |
|
LONG-TERM ASSETS |
|
25.638.009 |
11.481.893 |
11.813.760 |
11.126.336 |
|
Intangible assets and long-term deferred costs and
accrued revenues |
|
294.882 |
264.293 |
266.824 |
147.993 |
|
Intangible
assets |
|
264.293 |
|
|
|
|
Long-term
deferred costs and accrued revenues |
|
0 |
0 |
|
|
|
Tangible
fixed assets |
|
22.279.896 |
10.825.587 |
11.104.853 |
10.727.280 |
|
Long-term financial investments and Real estate
investments |
|
15.859 |
25.344 |
34.027 |
|
|
Investment
property |
|
1.780.319 |
0 |
|
|
|
Long-term
financial investments |
|
322.083 |
15.859 |
|
|
|
Long-term
operating receivables |
|
5.713 |
0 |
0 |
0 |
|
Deferred
receivables for taxes |
|
955.116 |
376.154 |
416.739 |
217.036 |
|
SHORT-TERM ASSETS |
|
22.141.943 |
10.947.772 |
10.998.891 |
9.507.031 |
|
Short-term assets (without Short-term deferred costs and accrued
revenues) |
|
|
9.218.657 |
9.287.843 |
|
|
Assets
(group for estrange) for sell |
|
0 |
0 |
0 |
0 |
|
Inventories |
|
11.358.203 |
3.939.869 |
4.842.936 |
4.388.684 |
|
Short-term
financial investments |
|
41.623 |
2.569.582 |
1.780.234 |
219.188 |
|
Short-term
operating receivables |
|
10.201.939 |
4.394.964 |
4.339.777 |
4.848.806 |
|
|
|
|
31/12/2010 1 EUR balance |
31/12/2009 1 EUR balance |
31/12/2008 1 EUR balance |
31/12/2007 1 EUR balance |
||
|
Name |
|
Ref. |
||||||
|
Cash
assets |
|
540.178 |
43.357 |
35.944 |
50.353 |
|||
|
Short-term deferred costs and accrued enues |
rev- |
|
39.396 |
30.000 |
26.580 |
48.500 |
||
|
Off-balance
sheet items |
|
24.621.023 |
10.153.997 |
|
||||
|
LIABILITIES |
|
47.819.348 |
22.459.665 |
22.839.231 |
20.681.867 |
|||
|
Long-term
sources (PASSIVA) |
|
|
|
15.382.368 |
14.653.240 |
|||
|
CAPITAL |
|
18.704.558 |
11.247.526 |
11.650.339 |
11.604.411 |
|||
|
Called-up
capital |
|
8.149.994 |
3.391.274 |
|
||||
|
Basic
(subscribed) capital |
|
8.149.994 |
3.391.274 |
3.391.274 |
3.391.274 |
|||
|
Non
called-up capital (deductive item) |
|
0 |
0 |
|
|
|
||
|
Capital
reserves |
|
7.721.422 |
7.722.426 |
|
|
|
||
|
Reserves
from profit |
|
339.147 |
339.147 |
|
|
|
||
|
Surplus
from revaluation |
|
1.715.626 |
36.358 |
|
|
|
||
|
Retained
net |
|
0 |
254.084 |
|
|
|
||
|
Net
business result for the business year |
|
778.369 |
-495.763 |
|
|
|
||
|
PROVISIONS
AND LONG-TERM ACCRUED COSTS
AND DEFERRED REVENUES |
|
2.736.891 |
910.168 |
|
|
|
||
|
FINANCIAL AND BUSINESS LIABILITIES |
|
26.192.336 |
10.233.568 |
|
|
|
||
|
LONG-TERM LIABILITIES |
|
9.101.936 |
5.320.667 |
3.732.029 |
3.048.829 |
|||
|
Provisions and long-term accrued costs and deferred
revenues |
|
|
|
944.868 |
969.530 |
|||
|
Long-term
liabilities |
|
|
|
2.787.161 |
2.079.299 |
|||
|
Long-term
financial liabilities |
|
8.678.658 |
4.924.039 |
2.480.769 |
2.079.299 |
|||
|
Long-term
operating liabilities |
|
0 |
396.628 |
306.392 |
0 |
|||
|
Deferred
liabilities for taxes |
|
423.278 |
0 |
|
||||
|
Short-term
liabilities and accruals |
|
|
|
7.456.863 |
6.028.627 |
|||
|
SHORT-TERM LIABILITIES |
|
17.090.400 |
4.912.901 |
7.372.034 |
5.943.539 |
|||
|
Liabilities,
included in groups for estrange |
|
0 |
0 |
|
||||
|
Short-term
financial liabilities |
|
9.023.577 |
2.206.770 |
5.174.143 |
3.605.820 |
|||
|
Short-term
operating liabilities |
|
8.066.823 |
2.706.131 |
2.197.891 |
2.337.719 |
|||
|
SHORT-TERM ACCRUED COSTS AND FERRED REVENUES |
DE- |
|
185.563 |
38.403 |
84.829 |
85.088 |
||
|
Off-balance
sheet items |
|
24.621.023 |
10.153.997 |
|
||||
|
|
|
31/12/2010 1 EUR profit and loss account |
31/12/2009 1 EUR profit and loss account |
31/12/2008 1 EUR profit and loss account |
31/12/2007 1 EUR profit and loss account |
|
Name |
Ref. |
||||
|
TOTAL
REVENUES |
|
|
28.797.638 |
23.840.991 |
|
|
TOTAL
EXPENSES |
|
|
28.788.877 |
23.687.716 |
|
|
CAPITAL |
|
|
|
|
|
|
Net sales |
|
51.676.635 |
20.201.703 |
|
|
|
Changes in the
value of inventories of products and work-in-process |
|
2.296.912 |
-756.810 |
|
|
|
Capitalised own products and own services |
|
359.707 |
130.926 |
|
|
|
Other operating
revenues (with subventions, grants,...) |
|
811.970 |
734.334 |
|
|
|
GROSS OPERATING YIELD |
|
55.145.224 |
20.310.153 |
|
|
|
Cost of goods, material and services |
|
30.099.954 |
10.821.639 |
12.170.280 |
10.392.626 |
|
Purchase
value of goods and materials sold and cost of material and cost of material
used |
|
22.570.239 |
8.260.074 |
|
|
|
Cost of
services |
|
7.529.715 |
2.561.565 |
3.890.568 |
3.229.956 |
|
Labour cost |
|
17.327.085 |
7.657.420 |
8.972.912 |
7.686.881 |
|
thereof
wages |
|
|
6.391.553 |
5.492.791 |
|
|
Cost of
wages |
|
12.542.304 |
5.336.757 |
|
|
|
Cost of
pension insurance |
|
12.133.595 |
571.746 |
|
|
|
Cost of
other social insurance |
|
945.192 |
406.862 |
|
|
|
Other
labour cost |
|
2.625.994 |
1.342.055 |
|
|
|
Write-offs |
|
3.687.691 |
1.848.524 |
|
|
|
Depreciation |
|
3.383.951 |
1.669.347 |
1.721.296 |
1.538.906 |
|
Revaluation operating
expenses for non-tangible assets and tangible fixed assets |
|
1.498 |
0 |
|
|
|
Revaluation
operating expenses for current assets |
|
302.242 |
179.177 |
|
|
|
Other operating
expenses |
|
898.384 |
252.781 |
188.414 |
302.542 |
|
OPERATING
REVENUES |
|
52.848.312 |
21.066.963 |
27.665.111 |
23.752.332 |
|
Financial Revenues from
salles of goods, services and materials |
|
|
27.025.173 |
23.346.957 |
|
|
OPERATING EXPENSES |
|
52.102.940 |
20.580.364 |
28.063.979 |
23.438.086 |
|
OPERATING RESULT |
|
745.372 |
486.599 |
|
|
|
EBIT |
|
3.042.284 |
-270.211 |
|
|
|
Financial income from
investments in other enterprises |
|
45.710 |
55.651 |
1.093.238 |
41.102 |
|
Financial
income from loans |
|
14.463 |
55.797 |
|
|
|
Financial
income from operating receivables |
|
141.125 |
11.072 |
|
|
|
Financial expenses from
depreciation and writeoffs of financial investments |
|
0 |
16.337 |
57.398 |
204 |
|
Financial
expenses from financial liabilities |
|
1.461.928 |
277.714 |
|
|
|
Financial
expenses from operating liabilities |
|
221.003 |
37.752 |
|
|
|
Financial
income |
|
201.298 |
122.520 |
1.127.162 |
72.924 |
|
Financial
expenses |
|
1.682.931 |
331.803 |
724.898 |
249.620 |
|
Other
revenues |
|
44.399 |
2.324 |
5.365 |
15.735 |
|
Name |
Ref. |
31/12/2010 1 EUR profit and loss account |
31/12/2009 1 EUR profit and loss account |
31/12/2008 1 EUR profit and loss account |
31/12/2007 1 EUR profit and loss account |
|
Other expenses |
|
11.644 |
1 |
0 |
10 |
|
Total revenues |
|
|
20.434.997 |
|
|
|
Total costs |
|
|
20.912.168 |
|
|
|
Total business result |
|
|
-477.171 |
|
|
|
Tax on profit |
|
0 |
0 |
|
|
|
Deferred taxs |
|
-32.725 |
18.592 |
|
|
|
Net business result for the accounting
period |
|
1.650.507 |
-495.763 |
|
|
|
Write-offs of equity and other financial investments |
|
|
|
667.500 |
249.416 |
|
EARNINGS BEFORE TAXES (EBT) |
|
|
|
8.761 |
153.275 |
|
INCOME TAX |
|
|
|
-93.759 |
1.711 |
|
NET EARNINGS (E) |
|
|
|
102.520 |
151.564 |
Financial Ratios
|
Name |
Ref. |
31/12/2010 |
31/12/2009 |
31/12/2008 |
31/12/2007 |
|
Equity ratio |
1 |
0,17 |
0,15 |
0,15 |
0,16 |
|
Cleared equity ratio |
2 |
0,14 |
0,15 |
0,15 |
0,16 |
|
Current liquidity |
3 |
1,30 |
2,23 |
1,49 |
1,60 |
|
Quick liquidity |
4 |
0,63 |
1,43 |
0,84 |
0,86 |
|
Working capital |
5 |
5051543,00 |
6034871,00 |
3626857,00 |
3563492,00 |
|
Gearing |
6 |
5,87 |
6,62 |
6,73 |
6,10 |
|
Cleared gearing |
7 |
2,75 |
2,13 |
|
|
|
Profitability |
8 |
|
-2,34 |
0,03 |
0,64 |
|
Operating profitability |
9 |
|
-2,43 |
0,36 |
0,64 |
|
Stock days |
10 |
|
70,37 |
61,38 |
67,19 |
|
Debtor days |
11 |
|
78,50 |
55,01 |
74,23 |
|
Supplier days |
12 |
|
48,34 |
27,86 |
35,79 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.96 |
|
UK Pound |
1 |
Rs.77.47 |
|
Euro |
1 |
Rs.64.39 |
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.