MIRA INFORM REPORT
|
Report Date : |
02.03.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
KIDE S COOP |
|
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Registered Office : |
Poligono Industrial Gardotza (X/N), Erribera 48710 Berriatua Bizkaia |
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Country : |
Spain |
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Financials (as on) : |
31.12.2001 |
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Date of Incorporation : |
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Legal Form : |
Cooperative |
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Line of Business : |
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No. of Employees
: |
120 |
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 : |
96.000,00 € |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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 |
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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
KIDE S COOP
CIF/NIF: F48071377
Company situation: Active
INFORMATION OF THE REQUEST
Data of your
request
|
|
|
Registered Name KIDE S COOP Complete Address Poligono
Gardotz S/N 48 48710 Telephones 946036207 Request reason MAX
CREDIT |
Answer to the data
in your request
Address
The address correct is POLIGONO GARDOTZA, 1 BERRIATUA - BIZCAIA.
Telephone number
At the telephone number and fax provided belongs to the COMMERCIAL DEPARTMENT.
Financial
Information
Taking into account the structure and business volume of the subject ab annual sales volume around 30.000.000 euros is estimated. Here is our final commercial report since this type of company is not obliged to file their balance sheet in the Official Mercantile Register.
EXECUTIVE SUMMARY
Identification
Current Business Name: KIDE S COOP
Other names: NO
Current Address: POLIGONO INDUSTRIAL GARDOTZA
(X/N)
ERRIBERA 48710 BERRIATUA BIZKAIA
Telephone number: 946036200 Fax: 946036221
URL: www.kide.com
Corporate e-mail: kide@kide.com
Trade Risk
Credit appraisal: 96.000,00 €
Incidents: NO
R.A.I.: NO
Financial Information
Latest sales known (2003): 28.275.000,00
€ (Own Sources)
Balance sheet latest sales (2001): 28.360.241,31 € (Commercial Registry)
Result: 331.649,24 €
Total Assets: 19.181.250,81 €
Share capital: 4.104.000,00 €
Employees: 120
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 14/12/1974
Activity: Mfg. of electric domestic appliances
NACE 2009 CODE: 2751
International Operations: Imports and
Exports
Corporate Structure
Governing Board President:
Participations: 5
Other Complementary Information
Latest filed accounts in the Commercial Registry: 2001
Latest act published in BORME: For its legal form the subject has no
obligation to be registered nor to present its financial statement in the
Commercial Registry, even if, exceptionally, could have had some proceedings
published in BORME for this kind of legal form.
Latest press article: 02/02/2012 EL DIARIO
VASCO (BRANCHES)
Bank Entities: There are
The date when this report was last updated is 29/02/2012.
The information contained in this report has been investigated and
contrasted on 29/02/2012
Credit appraisal
Maximum Credit
(from 0 to 6,000,000 €)
Favourable to 96.000,00 €
Rating Explication
Company Structure
•
The company’s capitalization degree determines that
its structure is normal.
•
The company’s size is medium depending
on its sales volume.
Performance and Incidences
•
The available information indicates that the
company does not have payment incidences.
•
He have detected no recent legal actions or claims
from the Administration against this company
INCIDENTS
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: No administrative claims registered
AFFECTED BY: No significant element.
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
23/02/2012 12:02:43
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
Figures given in €
|
|
31/12/2001 (12) BALANCE SHEET |
2002 (12) OWN SOURCES |
2003 (12) OWN SOURCES |
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|
BALANCE SHEET ANALYSIS |
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|
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||
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NET WORTH |
7.384.999,65 |
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|
|
|
|
|
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DEBT |
11.796.251,16 |
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|
|
|
|
|
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FIXED ASSETS |
5.564.527,41 |
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|
|
|
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TOTAL ASSETS |
19.181.250,81 |
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31/12/2001 (12) BALANCE SHEET |
2002 (12) OWN SOURCES |
2003 (12) OWN SOURCES |
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PROFIT AND LOSS ACCOUNT ANALYSIS |
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||
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SALES |
28.360.241,31 |
26.197.029,22 |
28.275.000,00 |
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|
|
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ADDED VALUE |
5.597.640,35 |
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|
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EBITDA |
1.582.778,19 |
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EBIT |
606.357,12 |
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|
|
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NET RESULT |
331.649,24 |
310.070,32 |
239.000,00 |
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OTHER DATA FROM
THE ANNUAL FINANCIAL REPORT
Results
Distribution
Source: annual financial report 2003
Figures given in €
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss |
239.000,00 |
Legal Reserve |
72.000,00 |
|
Carry over |
0,00 |
Voluntary Reserve |
48.000,00 |
|
Voluntary reserves |
0,00 |
Prior years losses |
0,00 |
|
Reserves |
0,00 |
Carry over |
0,00 |
|
Other concepts |
0,00 |
Other funds |
0,00 |
|
Total of Amounts to be distributed |
239.000,00 |
Dividends |
119.000,00 |
|
|
|
Other Applications |
0,00 |
Auditing
Source: filing of annual financial statement 2001
Auditors’ opinion: FAVOURABLE
Auditor: LKS AUDITORES S.L.
company ADDRESSES
Current Legal Seat Address:
POLIGONO INDUSTRIAL GARDOTZA (X/N)
ERRIBERA 48710 BERRIATUA
BIZKAIA
Characteristics of
the current address
Type of establishment: factory
Local Situation: secondary
CORPORATE STRUCTURE
ADMINISTRATIVE
LINKS
Governing body : 1 member (latest change:
29/02/2012)
Operative Board Members : 5 (latest change: 14/10/2009)
Non-current positions : 3 (latest change: 29/02/2012)
Main Board
members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
GOVERNING BOARD PRESIDENT |
ITURRARAN, KEPA |
29/02/2012 |
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There are 1 board members, directors and auditors registered
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POSITION |
NAME AND SURNAME |
|
General Manager |
TORNAY, JOSU |
|
Financial Manager |
BARRUETABENA, NOELIA |
|
Human Resources Director |
OLAZABAL PAGNON, JON |
|
Commercial Director |
TORNAY, JOSU |
|
IT Director |
ITUARTE VALENCIA, JOSU |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
MONDRAGON INVERSIONES S.P.E. S.COOP. |
F20182192 |
Indef. |
OWN SOURCES |
29/02/2012 |
There are 1 direct financial links through shareholders registered
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
MCC DESARROLLO SPE SA (EXTINGUIDA) |
A20599585 |
13,21 |
B.O.R.M.E. |
10/01/2011 |
Company
with rating inferior to 7
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
KIDEFREEZE SOCIEDAD LIMITADA. |
B95642674 |
100,00 |
B.O.R.M.E. |
26/05/2011 |
|
|
KIDE PORTUGAL-CAMARAS E PAINEIS PREFABRICADOS LTDA |
PORTUGAL |
100,00 |
ANNUAL FINANCIAL REPORTS |
31/12/2003 |
|
|
KIDE FRANCE EURL |
FRANCE |
100,00 |
ANNUAL FINANCIAL REPORTS |
31/12/2003 |
|
|
RCS KIDE |
INDIA |
Major. |
CINCO DIAS |
25/04/2008 |
|
|
HOTZAMON SOCIEDAD LIMITADA |
B95171856 |
Indef. |
B.O.R.M.E. |
11/04/2011 |
There are 5 direct financial links through participations
registered
You can obtain business information of foreign companies at the
page D&B INTERNATIONAL
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
EDESA HOSTELERA SA |
A62029798 |
0,30 |
COMMERCIAL REGISTRY |
27/01/2010 |
POTENTIAL LINKS
Search Criterion: ”KIDE S COOP”
URL: www.kide.com
Kide Cámaras Frigoríficas Una de las empresas más sólidas en el
sector de los paneles aislantes y las cámaras frigoríficas (Cámaras
frigoríficas, Cámaras aislantes, cámaras aislantes, ...
URL: www.hotfrog.es
Kide,S.Coop. Berriatua, Vizcaya Kide,S.Coop. Berriatua, perfil
corporativo y artículos de productos.
BUSINESS INFORMATION
Incorporation date: 14/12/1974
Activity beginning date: 09/01/1975
Activity: Mfg. of electric domestic appliances
NACE 2009 CODE: 2751
NACE 2009 Activity: Manufacture of electric domestic appliances
Business: FABRICACION Y COMERCIALIZACION DE EQUIPOS Y CAMARAS
DE FRIO INDUSTRIAL
Activity description: Fabricación de paneles para cámaras
frigoríficas.
Latest employees figure: 120 (2012)
PURCHASES
Import Percentage: 2%
Imports from: Bélgica y Italia
SALES
Export Percentage: 22%
Exports to: Portugal, Francia y Angola
National Distribution: 78%
SUPPLIERS
|
BUSINESS NAME |
INTERNATIONAL |
|
LOCAL ROOTS
COOLING |
YES |
|
HOTZAMON |
YES |
|
KIDE FRANCE |
YES |
There
are 3 Suppliers
CLIENTS
|
BUSINESS NAME |
INTERNATIONAL |
|
HOTZAMON |
YES |
|
KIDE FRANCE |
YES |
|
KIDE FRANCE EURL |
YES |
There
are 3 Clients
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
4670 |
KANTTOIPE, 14 |
ONDARROA |
Bizkaia |
|
CAJA LABORAL POPULAR C.C. |
0021 |
ARTABIDE, 21 |
ONDARROA |
Bizkaia |
There are 2 bank entities registered
LEGAL
STRUCTURE
Constitution Data
Register Date: 09/01/1975
Legal form: Cooperative
Share capital: 4.104.000,00 €
Paid-up capital: 4.104.000,00 €
Obligation to fill in Financial Statements: NO
Chamber census: YES (2010)
B.O.R.M.E.
(Official Gazette of
the Commercial Registry)
For its legal form the subject has no obligation to be registered nor to present its financial statement in the Commercial Registry, even if, exceptionally, could have had some proceedings published in BORME for this kind of legal form.
PRESS ARTICLES
Press summary by
type of information (last five years)
Legal notices: 0
Structural Data: 4 (Last: 02/02/2012, first: 25/04/2008)
Informative data: 0
Financial Information: 1 (Last: 23/03/2010)
Negative information: 0
Business lines: 0
Historical press releases: 2 (Last: 18/11/1997, first:
18/12/1996)
Latest press
article published
02/02/2012 EL DIARIO
VASCO (Page 37) BRANCHES
El GRUPO MONDRAGÓN abrirá el presente año su segundo parque industrial en
el extranjero, tras la experiencia en Kunshan (China). Lo hará en India, en la
localidad de Pune,
El segundo industrialdea exterior de MONDRAGÓN se localiza sobre una
superficie de 220.000 metros cuadrados dividida en dos ubicaciones. En el
recinto podrían instalarse siete u ocho empresas. Algunas como DANOBAT, KIDE o
FAGOR INDUSTRIAL mostraron desde un inicio su intención de aprovechar el parque
para instalarse en el mercado indio.
El industrialdea también está abierto a empresas no cooperativas, siguiendo
el modelo de China, donde hay instaladas cerca de una veintena de cooperativas
del grupo.
23/03/2010 EXPANSIÓN DEL PAIS VASCO - FINANCIAL
DATA
EL GOBIERNO VASCO HA IMPULSADO LA IMPLANTACION EN EL EXTERIOR DE 6 PYMES
VASCAS QUE HAN ABIERTO BRECHA EN PAISES COMO CHINA, INDIA O PANAMA. A TRAVES
DEL PROGRAMA GAUZATU 2009, EL EJECUTIVO AUTONOMICO HA DESTINADO CERCA DE 2,52
MM. DE EUROS A FOMENTAR LA APERTURA DE PLANTAS EN EL EXTERIOR O LA COMPRA DE
PARTICIPACIONES EN EMPRESAS EXTRANJERAS POR PARTE DE LAS CIAS. ARIZAGA
BASTARRICA Y CIA. SA (ABC), ELGETA CARTERA, KIDE, PRODOL MEDITEC, RPK
INDUSTRIAL Y TALLERES ZB. KIDE RECIBE UNA AYUDA DE 291.109,8 EUROS PARA SU
INSTALACION DE LA INDIA.
29/04/2009 EXPANSIÓN DEL PAIS VASCO - BRANCHES
KIDE, INTEGRADA EN EL GRUPO MONDRAGON, HA PUESTO EN MARCHA LA PLANTA
PRODUCTIVA DE SU FILIAL INDIA, PROYECTO EN EL QUE TIENE COMO SOCIO A LA FIRMA
LOCAL ROOTS COOLING PARA FABRICAR CAMARAS FRIGORIFICAS EN EL PAIS. CON ESTAS
INSTALACIONES, EL GRUPO ELEVA A 74 SUS PLANTAS EN EL EXTRANJERO, DENTRO DE UNA
ESTRATEGIA DE INTERNACIONALIZACION QUE ESTE AÑO CONTEMPLA LA CONSTRUCCION EN
INDIA DE 3 FABRICAS EN EL NUEVO PARQUE EMPRESARIAL QUE MONDRAGON PONDRA EN
MARCHA A 200 KILOMETROS DE BOMBAY. LAS INSTALACIONES QUE KIDE ACABA DE ABRIR
ESTARAN OPERATIVAS DURANTE 20 MESES, PLAZO EN EL QUE ESTA PREVISTO TRASLADAR LA
PRODUCCION A LA PLANTA DEFINITIVA.
31/10/2008 EXPANSIÓN - BRANCHES
EL GRUPO MONDRAGON INVERTIRA EN LA PROMOCION DE NUEVOS NEGOCIOS 2.300
MM. DE EUROS EN EL PERIODO 2009-2012. GRACIAS A ESTE ESFUERZO INVERSOR,
MONDRAGON ESPERA QUE AL FINAL DEL PROXIMO CUATRIENIO, EL 30% DE LAS VENTAS DE
SU DIVISION INDUSTRIAL CORRESPONDAN A ACTIVIDADES INEXISTENTES EN 2007. LA
CORPORACION PRETENDE COMPAGINAR DURANTE LOS PROXIMOS AÑOS SU DIVERSIFICACION
HACIA NUEVAS ACTIVIDADES DE VALOR AÑADIDO CON LA CONSOLIDACION EN LOS MERCADOS
EXTRANJEROS. PROXIMAMENTE INSTALARA EN INDIA SU SEGUNDO PARQUE EMPRESARIAL EN
EL EXTERIOR. LAS NUEVAS INSTALACIONES CONTARAN CON PLANTAS DE DANOBAT, FAGOR
INDUSTRIAL Y KIDE.
25/04/2008 CINCO DIAS - SHAREHOLDERS AND
HOLDINGS
LA COOPERATIVA KIDE HA CERRADO UNA JOINT VENTURE CON LA FIRMA INDIA
ROOTS COOLINGS PARA CONSTRUIR UNA PLANTA PRODUCTIVA EN EL PAIS ASIATICO
DESTINADA A LA FABRICACION DE CAMARAS FRIGORIFICAS, LO QUE SUPONDRA UNA
INVERSION INICIAL DE 3 MM. DE EUROS. EN LA NUEVA SDAD., DENOMINADA RCS KIDE, LA
CIA. VASCA TENDRA LA MAYORIA. EL ACUERDO PERMITIRA PONER EN MARCHA UNA
INSTALACION QUE ESTARA OPERATIVA EN MARZO DEL PROXIMO AÑO CON UNA PLANTILLA DE
25 PERSONAS Y UNA FACTURACION DE 5 MM. DE EUROS. EL OBJETIVO ES QUE EL NUMERO
DE TRABAJADORES SE AMPLIE HASTA LOS 80 EN SU CUARTO AÑO DE FUNCIONAMIENTO, EN
EL QUE SE CONSEGUIRAN UNAS VENTAS DE UNOS 20 MM. DE EUROS.
There are 7 press articles registered for this company
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 08/01/2003.
BALANCE SHEET
Assets
Figures given in €
|
|
31/12/1997 (12) |
31/12/2000 (12) |
31/12/2001 (12) |
|
A) DUE FROM SHAREHOLDERS FOR UNCALLED CAPITAL |
|
|
|
|
B) FIXED ASSETS |
5.241.234,24 |
5.494.765,18 |
5.564.527,41 |
|
I. Incorporation costs |
17.200,97 |
|
|
|
II. Intangible fixed assets |
25.446,85 |
411.705,31 |
482.888,31 |
|
III. Tangible fixed assets |
4.739.491,30 |
4.285.414,64 |
4.207.125,34 |
|
IV. Financial fixed assets |
459.095,12 |
797.645,23 |
874.513,76 |
|
V. Own Shares |
|
|
|
|
VI. Long term trade liabilities |
|
|
|
|
C) DEFERRED EXPENSES |
8.870,94 |
|
|
|
D) CURRENT ASSETS |
7.703.947,45 |
12.493.232,60 |
13.616.723,40 |
|
I. Shareholders by required outlays |
25.729,33 |
40.243,77 |
13.087,93 |
|
II. Stocks |
875.163,78 |
1.442.873,80 |
1.466.045,53 |
|
III. Debtors |
6.795.247,20 |
10.800.301,71 |
11.962.421,37 |
|
IV. Temporary financial investment |
7.807,15 |
7.987,45 |
7.986,80 |
|
V. Short-term own shares |
|
|
|
|
VI. Treasury |
|
199.493,95 |
163.507,19 |
|
VII. Periodification adjustments |
|
2.331,93 |
3.674,58 |
|
TOTAL ASSETS (A + B + C + D) |
12.954.052,62 |
17.987.997,79 |
19.181.250,81 |
Liabilities
Figures given in €
|
|
31/12/1997 (12) |
31/12/2000 (12) |
31/12/2001 (12) |
|
A) EQUITY |
2.771.723,58 |
6.800.860,65 |
7.102.557,78 |
|
I. Issued Capital |
1.463.572,66 |
3.968.987,78 |
4.375.705,91 |
|
II. Issue premium |
|
|
|
|
III. Revaluation reserve |
|
368.083,85 |
368.081,80 |
|
IV. Reserves |
1.462.016,04 |
1.710.360,25 |
2.027.120,83 |
|
Sundry reserves |
1.462.016,04 |
1.710.360,25 |
2.027.120,83 |
|
V. Results from previous years |
|
|
|
|
VI. Profit and Losses |
-153.865,11 |
753.428,77 |
331.649,24 |
|
VII. Dividend paid during the year |
|
|
|
|
VIII. Own shares for capital reduction |
|
|
|
|
B) DEFERRED INCOME |
316.468,93 |
366.413,04 |
282.441,87 |
|
C) PROVISIONS FOR LIABILITIES AND EXPENSES |
269.926,56 |
407.119,59 |
304.300,82 |
|
D) LONG TERM LIABILITIES |
2.109.324,10 |
1.830.448,48 |
1.443.307,89 |
|
E) SHORT TERM LIABILITIES |
7.486.609,45 |
8.583.156,03 |
10.048.642,45 |
|
F) SHORT TERM PROVISIONS FOR LIABILITIES AND EXPENSES |
|
|
|
|
LIABILITIES (A + B + C + D + E + F) |
12.954.052,62 |
17.987.997,79 |
19.181.250,81 |
PROFIT AND LOSS
ACCOUNT
Items of the
Profit and Loss Account
Figures given in €
|
|
31/12/1997 (12) |
31/12/2000 (12) |
31/12/2001 (12) |
|
A) EXPENSES (A.1 a A.15) |
14.291.605,06 |
27.522.315,58 |
28.603.867,32 |
|
A.1. Operating costs |
8.439.556,21 |
17.950.975,44 |
18.458.892,46 |
|
A.2. Labour cost |
1.920.444,03 |
3.769.073,12 |
4.014.862,16 |
|
Wages |
|
2.754.636,81 |
2.985.196,17 |
|
Social security expenses |
|
1.014.436,31 |
1.029.665,99 |
|
A.3. Assets Amortization |
544.216,46 |
714.182,68 |
798.430,39 |
|
A.4. Variation in provision for current assets and bad debt losses |
55.004,63 |
475.725,12 |
177.990,68 |
|
A.5. Other operating costs |
3.157.982,04 |
4.184.913,39 |
4.373.825,04 |
|
A.I. OPERATING RESULT (B.1-A.1-A.2-A.3-A.4-A.5) |
|
912.288,29 |
606.357,12 |
|
A.6. Financial expenses and similar |
274.428,14 |
277.613,50 |
337.200,86 |
|
Other companies debts |
|
277.613,50 |
337.200,86 |
|
A.7. Variation in financial investment provision |
|
|
|
|
A.8. Negative change difference |
11.888,02 |
|
42.912,69 |
|
A.II. POSITIVE FINANCIAL RESULTS (B.2+B.3-A.6-A.7-A.8) |
|
|
|
|
A.III. PROFIT FROM ORDINARY ACTIVITIES (A.I+A.II-B.I-B.II) |
|
762.215,57 |
390.162,25 |
|
A.9. Variation in provision in fixed assets |
|
|
14.049,44 |
|
A.10. Losses in fixed assets |
|
|
|
|
A.11. Losses from own shares and bonds |
|
|
|
|
A.12. Extraordinary charges |
12.753,48 |
408,69 |
|
|
A.13. Other exercises’ expenses and losses |
|
51.013,91 |
49.982,85 |
|
A.IV. POSITIVE EXTRAORDINARY RESULT
(B.4+B.5+B.6+B.7+B.8-A.9-A.10-A.11-A.12-A.13) |
89.502,72 |
89.622,93 |
277.207,74 |
|
A.V. PROFIT BEFORE TAXES (A.III+A.IV-B.III-B.IV) |
|
851.838,50 |
667.369,99 |
|
A.14. Corporate Taxes |
|
311.684,88 |
335.720,75 |
|
A.15. Other taxes |
-124.667,94 |
-213.275,16 |
|
|
A.VI. EXERCISE RESULT (PROFIT) (A.V-A.14-A.15) |
|
753.428,77 |
331.649,24 |
|
B) INCOMES (B.1 to B.8) |
14.137.739,95 |
28.275.744,35 |
28.935.516,56 |
|
B.1. Operating income |
13.934.958,47 |
28.007.158,05 |
28.430.357,85 |
|
Net Turnover |
13.881.925,16 |
27.987.270,56 |
28.360.241,31 |
|
Other operating income |
53.033,31 |
19.887,49 |
70.116,54 |
|
B.I. OPERATING LOSSES (A.1+A.2+A.3+A.4+A.5-B.1) |
182.244,90 |
|
|
|
B.2. Financial Income |
85.121,34 |
127.540,78 |
119.825,21 |
|
Other |
|
127.540,78 |
119.825,21 |
|
B.3. Positive change difference |
15.403,94 |
|
44.093,47 |
|
B.II. NEGATIVE FINANCIAL RESULTS (A.6+A.7+A.8-B.2-B.3) |
185.790,87 |
150.072,72 |
216.194,87 |
|
B.III. LOSSES FROM ORDINARY ACTIVITIES (B.I+B.II-A.I-A.II) |
368.035,77 |
|
|
|
B.4. B.9. Gains from disposal of fixed assets |
|
|
|
|
B.5. Gains from dealing in own shares |
|
|
|
|
B.6. Paid in surplus |
|
71.965,19 |
54.732,32 |
|
B.7. Extraordinary income |
102.256,20 |
|
214.504,75 |
|
B.8. Other year’s income and profits |
|
69.080,33 |
72.002,96 |
|
B.IV. NEGATIVE EXTRAORDINARY LOSSES
(A.9+A.10+A.11+A.12+A.13-B.4-B.5-B.6-B.7-B.8) |
|
|
|
|
B.V. LOSS BEFORE TAXES (B.III+B.IV-A.III-A.IV) |
278.533,05 |
|
|
|
B.VI. EXERCISE RESULTS (LOSS) (B.V+A.14+A.15) |
153.865,11 |
|
|
FINANCIAL BALANCE
Here the Main Capital Amounts of the company and the Revolving Fund Evolution are analysed.
Financial Balance
Table
Figures given in €
|
|
31/12/1997 (12) |
% |
31/12/2000 (12) |
% |
31/12/2001 (12) |
% |
|
A) DUE FROM SHAREHOLDERS FOR UNCALLED CAPITAL |
|
|
|
|
|
|
|
B) FIXED ASSETS |
5.241.234,24 |
40,46 |
5.494.765,18 |
30,55 |
5.564.527,41 |
29,01 |
|
C) DEFERRED EXPENSES |
8.870,94 |
0,07 |
|
|
|
|
|
D) CURRENT ASSETS |
7.703.947,45 |
59,47 |
12.493.232,60 |
69,45 |
13.616.723,40 |
70,99 |
|
TOTAL ASSETS (A + B + C + D) |
12.954.052,62 |
|
17.987.997,79 |
|
19.181.250,81 |
|
|
|
||||||
|
A) EQUITY |
2.771.723,58 |
21,40 |
6.800.860,65 |
37,81 |
7.102.557,78 |
37,03 |
|
B) DEFERRED INCOME |
316.468,93 |
2,44 |
366.413,04 |
2,04 |
282.441,87 |
1,47 |
|
C) PROVISIONS FOR LIABILITIES AND EXPENSES |
269.926,56 |
2,08 |
407.119,59 |
2,26 |
304.300,82 |
1,59 |
|
D) LONG TERM LIABILITIES |
2.109.324,10 |
16,28 |
1.830.448,48 |
10,18 |
1.443.307,89 |
7,52 |
|
E) SHORT TERM LIABILITIES |
7.486.609,45 |
57,79 |
8.583.156,03 |
47,72 |
10.048.642,45 |
52,39 |
|
F) SHORT TERM PROVISIONS FOR LIABILITIES AND EXPENSES |
|
|
|
|
|
|
|
LIABILITIES (A + B + C + D + E + F) |
12.954.052,62 |
|
17.987.997,79 |
|
19.181.250,81 |
|
RATIOS
Main Ratios
|
|
31/12/1997 (12) |
31/12/2000 (12) |
31/12/2001 (12) |
|
BALANCE RATIOS |
|||
|
Working Capital (€) |
217.338,00 |
3.910.076,57 |
3.568.080,95 |
|
Working capital ratio |
0,02 |
0,22 |
0,19 |
|
Working capital requirement (€) |
|
|
7.170.881,27 |
|
Soundness Ratio |
0,53 |
1,24 |
1,28 |
|
External Funds on Equity |
3,20 |
1,51 |
1,60 |
|
Average collection period (days) |
176 |
139 |
152 |
|
Average payment period (days) |
|
|
81 |
|
LIQUIDITY RATIOS |
|||
|
Current ratio (%) |
102,90 |
145,56 |
135,51 |
|
Quick Ratio (%) |
0,10 |
2,42 |
1,71 |
|
Treasury (€) |
|
|
-3.602.800,32 |
|
Sales on current assets (days) |
649 |
806 |
750 |
|
DEBT RATIOS |
|||
|
Borrowing Percentage (%) |
|
|
27,08 |
|
External Financing Average Cost |
|
|
0,06 |
|
Debt Service Coverage |
|
|
4,60 |
|
Interest Coverage |
-0,66 |
3,29 |
1,80 |
|
GENERAL ACTIVITY RATIOS |
|||
|
Auto financing generated by sales (%) |
2,81 |
5,24 |
3,98 |
|
Auto financing generated by Assets (%) |
3,01 |
8,16 |
5,89 |
|
Breakdown Point |
0,01 |
6,21 |
1,02 |
|
Assets Turnover |
1,07 |
1,56 |
1,48 |
|
Inventory Turnover (days) |
37 |
29 |
29 |
|
Increase of the Sales Figures (%) |
3,63 |
|
1,33 |
|
Added value growth (%) |
-32,16 |
|
-4,66 |
|
Labour Productivity |
1,22 |
1,56 |
1,39 |
|
Cash flow (€) |
445.355,98 |
1.943.336,58 |
1.322.119,75 |
|
SOLVENCY RATIOS |
|||
|
Payback Capacity |
0,04 |
0,18 |
0,11 |
|
Assets Guarantee |
1,31 |
1,66 |
1,63 |
|
Short Term Debts Proportion (%) |
75,88 |
79,32 |
85,18 |
Results Analysis
Ratios
|
|
31/12/1997 (12) |
31/12/2000 (12) |
31/12/2001 (12) |
|
Return on Assets (ROA) (%) |
-1,41 |
5,07 |
3,16 |
|
Return on Equity (ROE) (%) |
-10,05 |
12,52 |
9,40 |
|
Operating Profitability (%) |
3,22 |
11,69 |
8,25 |
|
General Profitability (%) |
-1,11 |
2,69 |
1,17 |
|
Equity gearing |
8,47 |
2,10 |
1,67 |
ADDITIONAL INFORMATION
Consulted Sources
Chamber of Commerce / Camerdata
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
INTERNET
Dpto Comercial.
This company has been consulted was last displayed on 29/02/2012,
45 times in the last quarter and 1.141 total times.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.15 |
|
UK Pound |
1 |
Rs.78.25 |
|
Euro |
1 |
Rs.65.57 |
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.