|
Report Date : |
23.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
ISKRA MIS, D.D. |
|
|
|
|
Registered Office : |
Ljubljanska cesta 24A 4000
Kranj |
|
|
|
|
Country : |
|
|
|
|
|
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 |
|
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
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 and
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
Registration:
Kranj
Statistical Nr. 5045142
Registration
Nr. 10128900
Tax Nr. SI30536499
Status
Business connection Business
connection appear premissable (31)
Terms of payment No complaints (39)
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
|
Crefo Nr. |
Name / Address / Status |
Since |
Power of attorney |
|
|
|
9270135616 |
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
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
|
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 |
(39) |
|
Business connection |
Business connection appear
premissable |
(31) |
Business development
|
Company development |
Positive |
(20) |
|
Business course |
good |
(20) |
Events
No negative events
registered.
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 |
|
||||
Profit and loss accounts
31.12.2010 The enclosed profit and loss account of 2010 is originated
from official source, it is authenticated by the auditor.
31.12.2009 The enclosed profit and loss account of 2009 is
originated from official source, it is authenticated by the auditor.
31.12.2008 The enclosed profit and loss account of 2008 is
originated from official source, it is authenticated by the auditor.
31.12.2007 The enclosed profit and loss account of 2007 is
originated from official source, it is authenticated by the auditor.
|
|
|
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 |
|
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.56.99 |
|
|
1 |
Rs.88.97 |
|
Euro |
1 |
Rs.71.57 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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.