MIRA INFORM REPORT
|
Report Date : |
05.01.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
TOK I TOK SL |
|
|
|
|
Registered Office : |
Calle Jesus, 79,
46007 Valencia |
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|
|
|
Country : |
Spain |
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|
|
|
Financials (as on) : |
31.12.2009 |
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|
|
|
Date of Incorporation : |
08.09.1999 |
|
|
|
|
Legal Form : |
Limited Liability Company |
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|
Line of Business : |
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|
|
|
No. of Employees
: |
5 |
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 |
|
Status : |
Poor |
|
Payment
Behaviour : |
--- |
|
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
TOK I TOK SL
CIF/NIF: B96906441
Company situation: Active
Registered
Name TOKI TOKI S.L
Complete
Address Calle Colon 72-8-16, 46004
Telephones 963530054
Banks sabadell
Request
reason Persona de contacto Srta. Minal; banco: FITT/2380/11 SABADEL
EXECUTIVE SUMMARY
Identification
Current Business Name: TOK I TOK SL
Other names: YES
Current Address: CALLE JESUS, 79
Branches: 1
Telephone number: 963530054 Fax: 963511912
Trade Risk
Credit appraisal: Caution suggested
Incidents: YES
R.A.I.: NO
Financial Information
Balance sheet latest sales (2009): 936.007,18 € (Commercial Registry)
Result: 16.996,85 €
Total Assets: 1.197.810,69 €
Share capital: 18.000,00 €
Employees: 5
Listed on a Stock Exchange: NO
Commercial
Information
Incorporation date: 08/09/1999
Activity: Retail sale of household equipment
NACE 2009 CODE: 4759
International Operations: It does not import nor export
Corporate Structure
Sole Administrator:
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: 24/01/2011 Annual Filed Accounts
Latest press article: No press articles registered for this
company
Bank Entities: There are
Credit appraisal
Maximum Credit
(from 0 to 6,000,000 €)
Caution suggested
Financial Situation
|
Exercise:2009 |
|
|||
|
Treasury |
|
Limited |
|
|
|
Indebtedness |
|
Heavy |
|
|
|
Profitability |
|
Average |
|
|
|
Balance |
|
Very Degraded |
|
|
Performance
|
Incidents |
|
Outstanding |
|
Business
Trajectory |
|
Very Negative |
Rating Explication
Financial Situation
•
The company’s financial situation
is unfavourable.
•
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 very
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 recent legal actions or claims
from the Administration against this company
Accounts Filing
•
The company has had delays in the Accounts Filing
in the Commercial Registry.
Reasons of the
last outstanding calculation in the note
|
DATE |
CHANGE |
RESULTING NOTE |
EVENT |
|
31/12/2011 |
Equal |
3 |
•
Variation in the rating system with regards to
legal incidences information. |
INCIDENTS
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: 10 ( Last:21/10/2010 , first:
27/02/2007 )
|
|
|
|
|
With the Social Security: |
2 |
|
|
With the Tax Authorities: |
8 |
|
|
With Other Official bodies: |
0 |
|
AFFECTED BY: No significant element.
Latest Administrative
Claims
figures expressed in €
WITH THE SOCIAL SECURITY.
Seizures
|
DATE |
ORGANIZATION |
AMOUNT |
|
24/09/2008 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
|
Enforcement
|
DATE |
ORGANIZATION |
AMOUNT |
|
09/08/2010 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
224,68 |
WITH THE TAX AUTHORITIES.
Seizures
|
DATE |
ORGANIZATION |
AMOUNT |
|
21/10/2010 |
A.E.A.T. SERVICIO DE GESTION ECONOMICA |
|
|
14/10/2010 |
A.E.A.T. SERVICIO DE GESTION ECONOMICA |
|
|
02/09/2010 |
A.E.A.T. SERVICIO DE GESTION ECONOMICA |
|
Detail of the Latest Administrative Claims
figures expressed in €
Seizures
WITH THE TAX AUTHORITIES.
Phase: SEIZURE
Organization: A.E.A.T. SERVICIO DE GESTION ECONOMICA
Concept: Other debts
Date of the claim: 21/10/2010
Source: Published in the B.O.E. N. 262, on 29/10/2010, page 118.728
figures expressed in €
Seizures
WITH THE TAX AUTHORITIES.
Phase: SEIZURE
Organization: A.E.A.T. SERVICIO DE GESTION ECONOMICA
Concept: Other debts
Date of the claim: 14/10/2010
Source: Published in the B.O.E. N. 256, on 22/10/2010, page 115.235
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
02/01/2012 07:01:55
Information from the Registro de Aceptaciones Impagados (RAI)- Disputed
Bills register.
It can only be used for information legitimate needs of the consulting
party, in accordance with its social or business activity, in order to grant a
credit or the monitoring or control of the already granted credits and can not
be transmitted or communicated to thirds, nor copied, duplicated, reproduced
nor implemented to any database , owned or external, or reused it in anyway,
direct or indirectly.
FINANCIAL ELEMENTS AND SECTORIAL COMPARATIVE
FINANCIAL ELEMENTS
The shaded amounts in
the following financial statements have been converted to the norms established
in the PGC2007 derived from RD 1514/2007 and 1515/2007, this way comparatives
could be shown with the amounts of exercises initiated from 1/01/08.
Figures given in €
|
|
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
31/12/2008 (12) BALANCE SHEET |
% ASSETS |
31/12/2007 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
279.684,61 |
23,35 |
165.931,88 |
24,29 |
168.946,01 |
26,95 |
|
B) CURRENT ASSETS |
918.126,08 |
76,65 |
517.179,07 |
75,71 |
457.878,81 |
73,05 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
82.319,77 |
6,87 |
65.322,92 |
9,56 |
58.745,28 |
9,37 |
|
B) NON CURRENT LIABILITIES |
16.094,41 |
1,34 |
|
|
|
|
|
C) CURRENT LIABILITIES |
1.099.396,51 |
91,78 |
617.788,03 |
90,44 |
568.079,54 |
90,63 |
Profit and Loss
Account Analysis
Figures given in €
|
|
31/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2008 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2007 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
936.007,18 |
|
786.440,32 |
|
714.607,00 |
|
|
GROSS MARGIN |
150.701,94 |
16,10 |
201.535,34 |
25,63 |
224.811,54 |
31,46 |
|
EBITDA |
26.676,49 |
2,85 |
29.176,43 |
3,71 |
26.269,66 |
3,68 |
|
EBIT |
32.450,70 |
3,47 |
21.193,81 |
2,69 |
20.292,46 |
2,84 |
|
NET RESULT |
16.996,85 |
1,82 |
7.422,86 |
0,94 |
10.304,20 |
1,44 |
|
EFFECTIVE TAX RATE (%) |
25,00 |
0,00 |
|
|
|
|
COMPARATIVE SECTOR ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|||
|
A) NON CURRENT ASSETS |
23,35 |
40,58 |
-17,23 |
|
|
|
|
|
A) CURRENT ASSETS |
76,65 |
59,42 |
17,23 |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|||
|
A) NET WORTH |
6,87 |
38,80 |
-31,93 |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
1,34 |
20,91 |
-19,56 |
|
|
|
|
|
C) CURRENT LIABILITIES |
91,78 |
40,29 |
51,49 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
|
|
|
|
SALES |
100,00 |
98,70 |
1,30 |
|
|
|
|
|
GROSS MARGIN |
16,10 |
39,59 |
-23,49 |
|
|
|
|
|
EBITDA |
2,85 |
3,54 |
-0,69 |
|
|
|
|
|
EBIT |
3,47 |
1,18 |
2,29 |
|
|
|
|
|
NET RESULT |
1,82 |
-0,20 |
2,02 |
|
|
|
|
Sector Composition
Compared sector (NACE 2009): 4759
Number of companies: 2813
Size (Sales Figure): 0 - 2,800,000.00 Euros
OTHER DATA FROM
THE ANNUAL FINANCIAL REPORT
Results
Distribution
Source: annual financial report 2009
Figures given in €
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account Balance |
16.996,85 |
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 |
6.811,26 |
|
Total of Amounts to be distributed |
16.996,85 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
10.185,59 |
|
|
|
Application total |
16.996,85 |
company ADDRESSES
Current Legal Seat Address:
CALLE JESUS, 79
46007 VALENCIA
Characteristics of
the current address
Type of establishment: shop
Owners: rented
Local Situation: main
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
CALLE COLON (8), 72 |
46004 |
VALENCIA |
Valencia |
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Governing body : 1 member (latest change:
10/11/1999)
Other Positions : 1 (latest change: 04/03/2004)
Main Board members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
SOLE ADMINISTRATOR |
IGUAL RIBAS, MANUEL JOSE |
10/11/1999 |
|
|
|
|
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
IGUAL RIBAS MANUEL JOSE |
|
Indef. |
OWN SOURCES |
04/01/2012 |
POTENTIAL LINKS
Search for Link
by Administrator
Search Criterion: ”MANUEL JOSE IGUAL RIBAS”
|
COMPANY |
POSITION |
PROVINCE |
|
JEJAVA SL |
Administrador Único |
VALENCIA |
|
NATURA EL SALER SOCIEDAD LIMITADA. |
Administrador Único |
VALENCIA |
|
NATURA CASTELLON SL |
Administrador Único |
VALENCIA |
|
NATURA GRAN TURIA SOCIEDAD LIMITADA. |
Administrador Único |
VALENCIA |
|
COREHO SLP |
Administrador Único |
VALENCIA |
In case you need more information you can request:Board Members
Monitoring
BUSINESS INFORMATION
Incorporation date: 08/09/1999
Establishment date: 01/01/1999
Founder’s Name: LA TITULAR ES LA FUNDADORA INICIAL DEL NEGOCIO
Activity: Retail sale of household equipment
NACE 2009 CODE: 4759
NACE 2009 Activity: Retail sale of furniture, lighting equipment
and other household articles in specialised stores
Business: LA COMERCIALIZACION DE ARTICULOS DE REGALO, HOGAR,
TEXTIL Y PERFUMERIA.
Latest employees figure: 5 (2012)
% of fixed employees: 80,00%
% of temporary employees: 20,00%
Employees
evolution
|
|
|
|
PURCHASES
National Distribution: 100%
SALES
Local Distribution: 100%
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO CAM, S.A. |
|
|
|
|
|
BANCO DE SABADELL, S.A. |
|
|
|
|
Brand name: NE NATURA ENERGY (Valid)
Type: JOINT Scope: NATIONAL Date: 24/05/2010
Brand name: TOKI TOK (Valid)
Type: JOINT Scope: NATIONAL Date: 26/06/2000
LEGAL STRUCTURE
Constitution Data
Register Date: 08/09/1999
Register town: Valencia
Announcement number: 370066
Share capital: 18.000 €
Legal form: Limited Liability Company
Share capital: 18.000,00 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2010)
B.O.R.M.E
(OFFICIAL GAZETTE
OF THE COMMERCIAL REGISTRY)
Acts on activity: 0
Acts on administrators: 2 (Last: 04/03/2004, first:
10/11/1999)
Acts on capital: 0
Acts on creation: 1 (Last: 10/11/1999)
Acts on filed accounts: 11 (Last: 24/01/2011, first:
08/09/2000)
Acts on identification: 0
Acts on Information: 0
Latest acts in
B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
COMMERCIAL REGISTRY |
|
Appointments |
04/03/2004 |
115497 |
Valencia |
|
Appointments |
10/11/1999 |
370066 |
Valencia |
|
Constitution |
10/11/1999 |
370066 |
Valencia |
Latest filed accounts
|
ACT |
DATE |
NOTICE NUM. |
COMMERCIAL REGISTRY |
|
Annual Filed Accounts (2009) |
24/01/2011 |
46548 |
Valencia |
|
Annual Filed Accounts (2008) |
12/01/2010 |
29024 |
Valencia |
|
Annual Filed Accounts (2007) |
10/09/2008 |
467902 |
Valencia |
Press articles
No press articles registered for this company
Complementary
Information
Financial Information
El balance cerrado a 31/12/2008 (Deposito 2008) esta disponible en
INFORMA, pero existen datos en los nuevos estados contables incorrectamente
presentados.
FINANCIAL INFORMATION
The information on the last Individual Filed Accounts contained in this report is extracted from the Commercial Registry file of the legal address of the Company and dated 31/01/2011.
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 Commercial Registry, and elaborated under the accounting norms and principles collected in PGC90 derived from RD 1643/1990, not taking into account any other type of information; for this reason the conversion exercise could include certain inaccuracies.
SITUATION
BALANCE-SHEET
Assets
Figures given in €
|
|
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
31/12/2007 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
279.684,61 |
23,35 |
165.931,88 |
24,29 |
168.946,01 |
26,95 |
|
I. Intangible assets |
605,93 |
0,05 |
605,93 |
0,09 |
|
|
|
II. Tangible fixed assets |
139.216,95 |
11,62 |
25.464,22 |
3,73 |
27.860,96 |
4,44 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
138.154,20 |
11,53 |
|
|
141.085,05 |
22,51 |
|
V. Long Term Financial Investments |
1.707,53 |
0,14 |
139.861,73 |
20,47 |
|
|
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
918.126,08 |
76,65 |
517.179,07 |
75,71 |
457.878,81 |
73,05 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
878.621,90 |
73,35 |
495.555,06 |
72,54 |
440.253,36 |
70,24 |
|
III. Trade Debtors and other receivable accounts |
16.309,46 |
1,36 |
2.600,02 |
0,38 |
1.098,60 |
0,18 |
|
1. Clients |
2.969,61 |
0,25 |
|
|
|
|
|
b) Clients for sales and short term services
rendering |
2.969,61 |
0,25 |
|
|
|
|
|
3. Other debtors |
13.339,85 |
1,11 |
2.600,02 |
0,38 |
|
|
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
377,29 |
0,06 |
|
V. Short term financial investments |
|
|
52,49 |
0,01 |
|
|
|
VI. Short term periodifications |
461,02 |
0,04 |
2.684,78 |
0,39 |
|
|
|
VII. Cash and equivalents |
22.733,70 |
1,90 |
16.286,72 |
2,38 |
16.149,56 |
2,58 |
|
TOTAL ASSETS (A + B) |
1.197.810,69 |
100,00 |
683.110,95 |
100,00 |
626.824,82 |
100,00 |
Alerts associated to the conversion to PGC2007
The
Valuation norms applicable to financial instruments 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. In the
conversion process there could not be determined effectively if Financial Fixed
Assets correspond or not with investments in associated and affiliated
companies, for this reason there has been decided to determine that they
correspond with Long term investments in associated and affiliated companies.
Net Worth and
Liabilities
Figures given in €
|
|
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
31/12/2007 (12) |
% ASSETS |
|
A) NET WORTH |
82.319,77 |
6,87 |
65.322,92 |
9,56 |
58.745,28 |
9,37 |
|
A-1) Equity |
82.319,77 |
6,87 |
65.322,92 |
9,56 |
58.745,28 |
9,37 |
|
I. Capital |
18.000,00 |
1,50 |
18.000,00 |
2,64 |
18.000,00 |
2,87 |
|
1. Authorized capital |
18.000,00 |
1,50 |
18.000,00 |
2,64 |
18.000,00 |
2,87 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
57.508,51 |
4,80 |
57.508,51 |
8,42 |
58.353,73 |
9,31 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
-10.185,59 |
-0,85 |
-17.608,45 |
-2,58 |
-27.912,65 |
-4,45 |
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
16.996,85 |
1,42 |
7.422,86 |
1,09 |
10.304,20 |
1,64 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
16.094,41 |
1,34 |
|
|
|
|
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
10.471,73 |
0,87 |
|
|
|
|
|
1. Debts with bank entities |
10.471,73 |
0,87 |
|
|
|
|
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
5.622,68 |
0,47 |
|
|
|
|
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
1.099.396,51 |
91,78 |
617.788,03 |
90,44 |
568.079,54 |
90,63 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
156.176,49 |
13,04 |
206.013,17 |
30,16 |
|
|
|
1. Debts with bank entities |
7.918,05 |
0,66 |
26.388,62 |
3,86 |
|
|
|
3. Other short term debts |
148.258,44 |
12,38 |
179.624,55 |
26,30 |
|
|
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
|
|
V. Trade creditors and other payable accounts |
943.220,02 |
78,75 |
411.774,86 |
60,28 |
|
|
|
1. Suppliers |
254.983,09 |
21,29 |
62.066,33 |
9,09 |
|
|
|
b) Short term suppliers |
254.983,09 |
21,29 |
62.066,33 |
9,09 |
|
|
|
2. Other creditors |
688.236,93 |
57,46 |
349.708,53 |
51,19 |
|
|
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
1.197.810,69 |
100,00 |
683.110,95 |
100,00 |
626.824,82 |
100,00 |
Alerts associated to the conversion to PGC2007
The
Valuation norms applicable to “Short Term Creditors” have changed and, for this
reason, the conversion of financial statements of the formulation exercise of
the accounts to PGC2007 could include notable inaccuracies.
PROFIT AND LOSS
ACCOUNT
Figures given in €
|
|
31/12/2009 (12) |
%OPERATING INCOME |
31/12/2008 (12) |
%OPERATING INCOME |
31/12/2007 (12) |
%OPERATING INCOME |
|
1. Net Turnover |
936.007,18 |
100,00 |
786.440,32 |
99,20 |
714.607,00 |
99,36 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-785.305,24 |
-83,90 |
-591.215,41 |
-74,58 |
-494.378,06 |
-68,74 |
|
5. Other operating income |
|
|
6.310,43 |
0,80 |
4.582,60 |
0,64 |
|
6. Labour cost |
-67.634,65 |
-7,23 |
-93.916,28 |
-11,85 |
-109.955,46 |
-15,29 |
|
7. Other operating costs |
-56.390,80 |
-6,02 |
-71.979,81 |
-9,08 |
-88.586,42 |
-12,32 |
|
8. Amortization of fixed assets |
-4.945,46 |
-0,53 |
-7.982,62 |
-1,01 |
-5.977,20 |
-0,83 |
|
9. Allocation of subventions on non financial investments and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
10.719,67 |
1,15 |
|
|
|
|
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
|
|
-6.462,82 |
-0,82 |
|
|
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) |
32.450,70 |
3,47 |
21.193,81 |
2,67 |
20.292,46 |
2,82 |
|
14. Financial income |
|
|
|
|
|
|
|
15. Financial expenses |
-10.109,47 |
-1,08 |
-10.882,38 |
-1,37 |
-9.988,26 |
-1,39 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
321,24 |
0,03 |
-2.888,57 |
-0,36 |
|
|
|
18. Deterioration and result for disposal of financial instruments |
|
|
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-9.788,23 |
-1,05 |
-13.770,95 |
-1,74 |
-9.988,26 |
-1,39 |
|
C) RESULT BEFORE TAXES (A + B) |
22.662,47 |
2,42 |
7.422,86 |
0,94 |
10.304,20 |
1,43 |
|
20. Taxes on profits |
-5.665,62 |
-0,61 |
|
|
|
|
|
D) EXERCISE RESULT (C + 20) |
16.996,85 |
1,82 |
7.422,86 |
0,94 |
10.304,20 |
1,43 |
Alerts associated to the conversion to PGC2007
Valuation
norms applicable to Financial instruments collected in PGC2007 present notable changes
with respect to PGC90. As a consequence, the conversion of the financial
statements of the accounts to PGC2007, carried out considering mainly
classification changes in the accounts might contain certain inaccuracies.
NET WORTH CHANGES
STATUS
Status of
recognized income and expenses
Figures given in €
|
NET WORTH CHANGES (1/3) |
31/12/2009 (12) |
31/12/2008 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
16.996,85 |
7.422,86 |
|
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) |
16.996,85 |
7.422,86 |
Total net worth
changes status
Figures given in €
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
RESERVES |
RESULTS FROM PREVIOUS EXERCISES |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
18.000,00 |
53.768,62 |
-17.608,45 |
|
|
I. Adjustments by change of criteria in the exercise (2007) |
|
-1.930,22 |
|
|
|
II. Adjustments by errors in the exercise (2007) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
18.000,00 |
51.838,40 |
-17.608,45 |
|
|
I. Total recognized income and expenses |
|
|
|
7.422,86 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
18.000,00 |
57.508,51 |
-17.608,45 |
7.422,86 |
|
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) |
18.000,00 |
57.508,51 |
-17.608,45 |
7.422,86 |
|
I. Total recognized income and expenses |
|
|
|
16.996,85 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
7.422,86 |
-7.422,86 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
18.000,00 |
57.508,51 |
-10.185,59 |
16.996,85 |
|
NET WORTH CHANGES ( 3 /3) |
TOTAL |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
54.160,17 |
|
||
|
I. Adjustments by change of criteria in the exercise (2007) |
-1.930,22 |
|
||
|
II. Adjustments by errors in the exercise (2007) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
52.229,95 |
|
||
|
I. Total recognized income and expenses |
7.422,86 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
65.322,92 |
|
||
|
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) |
65.322,92 |
|
||
|
I. Total recognized income and expenses |
16.996,85 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
82.319,77 |
|
||
RATIOS
|
|
31/12/2009 (12) |
CHANGE % |
31/12/2008 (12) |
CHANGE % |
31/12/2007 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
-181.270,43 |
-80,17 |
-100.608,96 |
8,70 |
-110.200,73 |
|
Working capital ratio |
-0,15 |
0,00 |
-0,15 |
16,67 |
-0,18 |
|
Soundness Ratio |
0,29 |
-25,64 |
0,39 |
11,43 |
0,35 |
|
Average Collection Period (days) |
6 |
466,67 |
1 |
50,00 |
1 |
|
Average Payment Period (days) |
404 |
80,52 |
224 |
|
|
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
83,51 |
-0,25 |
83,72 |
3,87 |
80,60 |
|
Quick Ratio (%) |
2,07 |
-21,89 |
2,64 |
-6,69 |
2,84 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
13,91 |
-53,88 |
30,16 |
|
|
|
External Financing Average Cost |
0,06 |
20,00 |
0,05 |
|
|
|
Debt Service Coverage |
7,60 |
-43,16 |
13,37 |
|
|
|
Interest Coverage |
3,21 |
64,62 |
1,95 |
-3,94 |
2,03 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
2,34 |
19,39 |
1,96 |
-14,04 |
2,28 |
|
Auto financing generated by Assets (%) |
1,83 |
-19,03 |
2,26 |
-13,08 |
2,60 |
|
Breakdown Point |
1,04 |
0,97 |
1,03 |
0,00 |
1,03 |
|
Average Sales Volume per Employee |
210.812,43 |
22,77 |
171.711,86 |
140,29 |
71.460,70 |
|
Average Cost per Employee |
15.233,03 |
-25,71 |
20.505,74 |
86,49 |
10.995,55 |
|
Assets Turnover |
0,78 |
-32,17 |
1,15 |
0,88 |
1,14 |
|
Inventory Turnover (days) |
403 |
33,53 |
302 |
-5,95 |
321 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
2,71 |
-12,58 |
3,10 |
-4,32 |
3,24 |
|
Operating Profitability (%) |
4,02 |
-5,85 |
4,27 |
1,91 |
4,19 |
|
Return on Equity (ROE) (%) |
27,53 |
142,34 |
11,36 |
-35,23 |
17,54 |
SECTORIAL ANALYSIS
Balance Sheet and
Financial Balance
Figures expressed in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
23,35 |
40,58 |
-17,23 |
|
A) CURRENT ASSETS |
76,65 |
59,42 |
17,23 |
|
LIABILITIES |
|||
|
A) NET WORTH |
6,87 |
38,80 |
-31,93 |
|
B) NON CURRENT LIABILITIES |
1,34 |
20,91 |
-19,56 |
|
C) CURRENT LIABILITIES |
91,78 |
40,29 |
51,49 |
|
|
|
|
|
Results Analytical
Account
Figures given in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
98,70 |
1,30 |
|
Other operating income |
|
1,30 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-83,90 |
-61,02 |
-22,88 |
|
Variation in stocks of finished goods and work in progress |
|
0,61 |
|
|
GROSS MARGIN |
16,10 |
39,59 |
-23,49 |
|
Other operating costs |
-6,02 |
-15,48 |
9,46 |
|
Labour cost |
-7,23 |
-21,13 |
13,90 |
|
GROSS OPERATING RESULT |
2,85 |
2,97 |
-0,12 |
|
Amortization of fixed assets |
-0,53 |
-2,42 |
1,89 |
|
Deterioration and result for fixed assets disposal |
1,15 |
0,05 |
1,10 |
|
Other expenses / income |
|
0,57 |
|
|
NET OPERATING RESULT |
3,47 |
1,18 |
2,29 |
|
Financial result |
-1,05 |
-1,31 |
0,26 |
|
RESULT BEFORE TAX |
2,42 |
-0,13 |
2,55 |
|
Taxes on profits |
-0,61 |
-0,08 |
-0,53 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
1,82 |
-0,20 |
2,02 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
1,82 |
-0,20 |
2,02 |
|
Amortization of fixed assets |
-0,53 |
-2,42 |
1,89 |
|
Deterioration and provisions variation |
0,62 |
0,06 |
0,56 |
|
|
1,73 |
2,15 |
-0,42 |
Main Ratios
Figures given in €
|
|
COMPANY (2009) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
-181.270,43 |
7.047,55 |
50.473,65 |
142.656,63 |
|
Working capital ratio |
-0,15 |
0,04 |
0,19 |
0,39 |
|
Soundness Ratio |
0,29 |
0,57 |
1,21 |
2,90 |
|
Average Collection Period (days) |
6 |
4 |
21 |
59 |
|
Average Payment Period (days) |
404 |
72 |
111 |
180 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
83,51 |
106,46 |
144,21 |
221,07 |
|
Quick Ratio (%) |
2,07 |
4,04 |
16,93 |
48,07 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
13,91 |
8,77 |
28,06 |
49,14 |
|
External Financing Average Cost |
0,06 |
0,02 |
0,04 |
0,07 |
|
Debt Service Coverage |
7,60 |
0,00 |
3,12 |
11,60 |
|
Interest Coverage |
3,21 |
-1,00 |
1,52 |
4,38 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
2,34 |
0,39 |
2,56 |
5,14 |
|
Auto financing generated by Assets (%) |
1,83 |
0,56 |
2,91 |
5,83 |
|
Breakdown Point |
1,04 |
0,99 |
1,02 |
1,04 |
|
Average Sales Volume per Employee |
210.812,43 |
67.606,54 |
97.399,02 |
141.517,70 |
|
Average Cost per Employee |
15.233,03 |
15.801,97 |
20.615,99 |
26.614,20 |
|
Assets Turnover |
0,78 |
0,69 |
1,14 |
1,76 |
|
Inventory Turnover (days) |
403 |
78 |
187 |
390 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
2,71 |
-1,32 |
2,07 |
4,62 |
|
Operating Profitability (%) |
4,02 |
0,84 |
4,43 |
8,04 |
|
Return on Equity (ROE) (%) |
27,53 |
-6,50 |
3,44 |
12,26 |
ADDITIONAL INFORMATION
Consulted Sources
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
INTERNET
Telephone directory: PÁGINAS AMARILLAS
Telephone directory: PÁGINAS BLANCAS
This company has been consulted was last displayed on 02/01/2012,
4 times in the last quarter and 119 total times.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.14 |
|
UK Pound |
1 |
Rs.83.08 |
|
Euro |
1 |
Rs.69.25 |
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.