MIRA INFORM REPORT
|
Report Date : |
31.01.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
ANAUNIAS.R.L.
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Registered Office : |
Via Renato Lunelli, 62 , 38100 – Trento (TN) |
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Country : |
Italy |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
21.11.2005 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacture of other non-metallic mineral products |
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No. of Employees
: |
15 |
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 : |
90.000 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) |
|
Italy |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
|
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 & address
AnauniaS.r.l.
Via Renato
Lunelli, 62
38100 - Trento (TN) -IT-
Summary
|
Fiscal Code |
: |
01950210227 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
14/12/2005 |
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Equity |
: |
500.000 Eur |
|
Turnover Range |
: |
2.250.000/3.000.000 Eur |
|
Number of Employees |
: |
from 11 to 15 |
Credit Analysis
|
Credit Opinion |
: |
90.000 - Eur |
Activity
Manufacture of other non-metallic mineral products n.e.c.
Heat insulation, sound proofing and anti-tremor
Legal Data
Legal Form : Limited liability company
|
Fiscal Code : 01950210227 |
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Chamber of Commerce no. : 298060 of Rimini |
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Chamber of Commerce no. : 189943 of Trento since 02/12/2005 |
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V.A.T. Code : 01950210227 |
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Establishment date |
: 21/11/2005 |
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Start of Activities |
: 14/12/2005 |
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|
Legal duration |
: 31/12/2050 |
|
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Nominal Capital |
: 50.000 |
Eur |
|
Subscribed Capital |
: 50.000 |
Eur |
|
Paid up Capital |
: 50.000 |
Eur |
Members
|
|
Pezzi |
Enzo |
|
|
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Born in Campodenno |
(TN) |
on 22/06/1953 |
- Fiscal Code : PZZNZE53H22B525E |
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|
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Residence : |
Via |
Lunelli |
, 62 |
- 38100 |
Trento |
(TN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
01/09/2010 |
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|
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Director |
01/09/2010 |
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Board Chairman |
01/09/2010 |
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No Protests registered |
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Pezzi |
Tommaso |
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Born in Trento |
(TN) |
on 24/03/1985 |
- Fiscal Code : PZZTMS85C24L378I |
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Residence : |
Via |
Renato Lunelli |
, 62 |
- 38121 |
Trento |
(TN) |
- IT - |
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Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
01/09/2010 |
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Director |
01/09/2010 |
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|
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No Protests registered |
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Pezzi |
Marco |
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Born in Trento |
(TN) |
on 13/04/1989 |
- Fiscal Code : PZZMRC89D13L378E |
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Residence : |
Via |
Renato Lunelli |
, 62 |
- 38121 |
Trento |
(TN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
01/09/2010 |
|
|
|
Director |
01/09/2010 |
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|
|
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No Protests registered |
Companies connected to members *
*checkings have been performed on a national scale.
In this module the companies in which members hold/held positions are
listed.
The Members of the subject firm are not reported to be Members in other
companies.
Capital Shareholders
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Mancini Pierluigi |
|
MNCPLG34B06A944R |
10.000 .Eur |
20,00 |
|
Di Monte Attilio |
|
DMNTTL70S04C632Q |
5.000 .Eur |
10,00 |
|
PezziEnzo |
Trento - IT - |
PZZNZE53H22B525E |
35.000 .Eur |
70,00 |
Direct Participations
The Company under review has no participations in other Companies.
Firm's location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
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Via |
Renato Lunelli |
, 62 |
- 38100 |
- Trento |
(TN) |
- IT - |
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PHONE |
: 0541/670108 |
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- |
Branch |
|
since 01/01/2006 |
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Via |
Barbatorta |
, 247 Loc. VILLA VERUCCHIO |
- 47040 |
- Verucchio |
(RN) |
- IT - |
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Employees |
: 14 |
|
Fittings and Equipment for a value of 290.000 |
Eur |
|
Stocks for a value of 160.000 |
Eur |
|
|
Historical Information and/or Firm's Status
EX-MEMBERS / EX-POSITIONS:
|
|
Pezzi |
Enzo |
|
|
|
Born in Campodenno |
on 22/06/1953 |
- Fiscal Code : PZZNZE53H22B525E |
|
|
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Residence : |
Via |
Lunelli |
, 62 |
- 38100 |
Trento |
(TN) |
- IT - |
|
Ex-Postions |
|
Sole Director |
Protests
Protests checking on the subject firm has given a negative result.
Legal Procedures
None reported, standing to the latest received edition of the Official
Publications.
Financial and Economical Analysis
Subject is active since 2005
An eco-fin analysis has been made on the base od the b/s fo the years
2008, 2009 and 2010.
During the last years, it achieved profits (r.o.e. 32,94% on 2010)
keeping the turnover steady during the last two years.
The return on Investment in the last financial year was positive
(11,14%) falling within the field's average.
The amount of the operating result for the year 2010 is of Eur. 212.762
with no increase in relation to the financial year 2009.
The G.O.M. amounted to Eur. 292.005 stable if compared to the financial
year 2009.
Company's financial status is balanced since indebtedness is not high
(1,39) and decreasing as against 2009.
Subject can manage an equity capital funds for an amount of Eur. 402.324
, increasing by 49,12% if compared to the financial year 2009.
Total indebtedness totalled Eur. 1.299.673, showing a stable trend as
opposed to 2009 (Eur. 1.327.669).
Available funds are good.
Eur. 211.781 is the value of cash flow during the year 2010
In the last financial year labour cost was of Eur. 449.873, with a 17,2%
incidence on total costs of production. , whereas the incidence of such costs
on sales revenues is equal to 16,05%.
The financial management is positive as incomes are higher than the
charges.
Financial Data
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
2.802.781 |
|
Profit (Loss) for the period |
132.538 |
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Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1 ) |
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Item Type |
Value |
|
Sales |
2.762.401 |
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Profit (Loss) for the period |
83.331 |
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Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
3.687.758 |
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Profit (Loss) for the period |
48.124 |
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Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
2.953.938 |
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Profit (Loss) for the period |
28.112 |
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|
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Complete balance-sheet for the year |
31/12/2006 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
2.537.425 |
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Profit (Loss) for the period |
10.220 |
Balance Sheets
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: Eur - Amounts x
1 |
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- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: Eur - Amounts x
1 |
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- Balance Sheet as at 31/12/2008 - 12 Mesi - Currency: Eur - Amounts x
1 |
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RATIOS |
Value Type |
as at 31/12/2010 |
as at 31/12/2009 |
as at 31/12/2008 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,09 |
0,11 |
0,17 |
0,25 |
|
Elasticity Ratio |
Units |
0,90 |
0,89 |
0,81 |
0,72 |
|
Availability of stock |
Units |
0,09 |
0,10 |
0,09 |
0,16 |
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Total Liquidity Ratio |
Units |
0,82 |
0,79 |
0,72 |
0,52 |
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Quick Ratio |
Units |
0,39 |
0,20 |
0,04 |
0,02 |
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COMPOSITION ON
SOURCE |
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|
|
|
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Net Short-term indebtedness |
Units |
1,39 |
2,57 |
4,27 |
2,14 |
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Self Financing Ratio |
Units |
0,21 |
0,15 |
0,10 |
0,24 |
|
Capital protection Ratio |
Units |
0,55 |
0,51 |
0,47 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,14 |
0,41 |
0,74 |
0,19 |
|
Financing |
Units |
3,23 |
4,92 |
7,23 |
2,88 |
|
Permanent Indebtedness Ratio |
Units |
0,31 |
0,39 |
0,48 |
0,41 |
|
M/L term Debts Ratio |
Units |
0,10 |
0,24 |
0,37 |
0,07 |
|
Net Financial Indebtedness Ratio |
Units |
n.c. |
n.c. |
n.c. |
0,85 |
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CORRELATION |
|
|
|
|
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Fixed assets ratio |
Units |
3,26 |
3,76 |
2,77 |
1,37 |
|
Current ratio |
Units |
1,33 |
1,50 |
1,61 |
1,16 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,20 |
1,34 |
1,43 |
0,83 |
|
Structure's primary quotient |
Units |
2,22 |
1,44 |
0,61 |
1,00 |
|
Treasury's primary quotient |
Units |
0,57 |
0,34 |
0,09 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
474,87 |
661,28 |
934,40 |
414,11 |
|
Current Capital ( net ) |
Value |
424.607 |
526.622 |
541.973 |
371.407 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
7,56 |
7,81 |
5,53 |
3,75 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
32,94 |
30,89 |
25,80 |
6,64 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
52,95 |
60,78 |
62,52 |
13,86 |
|
Return on Investment ( R.O.I. ) |
% |
11,14 |
10,04 |
7,64 |
4,28 |
|
Return/ Sales |
% |
7,59 |
6,48 |
3,61 |
3,86 |
|
Extra Management revenues/charges incid. |
% |
62,29 |
46,54 |
36,13 |
29,40 |
|
Cash Flow |
Value |
211.781 |
215.752 |
204.063 |
109.780 |
|
Operating Profit |
Value |
212.762 |
179.054 |
133.164 |
124.512 |
|
Gross Operating Margin |
Value |
292.005 |
311.475 |
289.154 |
223.896 |
|
MANAGEMENT |
|
|
|
|
|
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Credits to clients average term |
Days |
n.c. |
n.c. |
n.c. |
127,69 |
|
Debts to suppliers average term |
Days |
n.c. |
n.c. |
170,00 |
125,84 |
|
Average stock waiting period |
Days |
20,93 |
22,39 |
15,51 |
58,52 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,47 |
1,55 |
2,11 |
1,12 |
|
Rate of stock return |
Units |
17,20 |
16,08 |
23,17 |
6,15 |
|
Labour cost incidence |
% |
16,05 |
17,68 |
21,18 |
17,01 |
|
Net financial revenues/ charges incidence |
% |
0,02 |
- 0,36 |
- 0,49 |
- 1,30 |
|
Labour cost on purchasing expenses |
% |
17,20 |
18,91 |
22,03 |
17,33 |
|
Short-term financing charges |
% |
0,70 |
0,97 |
1,73 |
2,67 |
|
Capital on hand |
% |
68,16 |
64,58 |
47,24 |
88,59 |
|
Sales pro employee |
Value |
200.198 |
184.160 |
194.092 |
216.093 |
|
Labour cost pro employee |
Value |
32.133 |
32.552 |
41.119 |
33.994 |
Credit Opinion
On the basis of the above mentioned, and the sales volume obtained, we
deem that the maximum exposure for short and medium term transactions ( 90 -
120 days ) could be of:
90.000Eur.
Market / Territory Data
|
Population living in the province |
: |
497.546 |
|
Population living in the region |
: |
974.613 |
|
Number of families in the region |
: |
383.892 |
Monthly family expenses average in the region (in Eur.) :
|
- per food products |
: |
373 |
|
- per non food products |
: |
2.001 |
|
- per energy consume |
: |
121 |
Sector Data
The values are calculated on a base of 99 significant companies.
The companies cash their credits on an average of 127 dd.
The average duration of suppliers debts is about 125 dd.
The sector's profitability is on an average of 3,75%.
The labour cost affects the turnover in the measure of 17,01%.
Goods are held in stock in a range of 58 dd.
The difference between the sales volume and the resources used to
realize it is about 1,12.
The employees costs represent the 17,33% of the production costs.
Statistical Detrimental Data
The area is statistically considered lowly risky.
In the region 2.078 protested subjects are found; in the province they
count to 850.
The insolvency index for the region is 0,22, , while for the province it
is 0,17.
Total Bankrupt companies in the province : 1.091.
Total Bankrupt companies in the region : 2.539.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.50 |
|
UK Pound |
1 |
Rs.77.74 |
|
Euro |
1 |
Rs.65.19 |
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.