MIRA
INFORM REPORT
|
Report Date : |
14.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
LUENGO COLOR SL |
|
|
|
|
Registered Office : |
|
|
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Country : |
Spain |
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|
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|
Financials (as on) : |
31.12.2010 |
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|
|
|
Date of Incorporation : |
04.03.2004 |
|
|
|
|
Legal Form : |
Limited Liability company |
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|
|
|
Line of Business : |
Manufacture of dyes and pigments |
|
|
|
|
No. of Employees : |
16 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
6,000,000 |
|
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 30, 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
LUENGO COLOR SL
CIF/NIF: B63450811
Company situation: Active
Identification
Current Business Name: LUENGO COLOR SL
Commercial name: LUENGO COLOR S.L.
Other names: YES
Current Address: CALLE PISUERGA, 14
Telephone number: 937361476 Fax: 937361293
URL: www.luengocolor.com
Corporate e-mail: info@luengocolor.com
Trade Risk
Credit appraisal: 78.000,00
Incidents: NO
R.A.I.: NO
EXPERIAN BUREAU EMPRESARIAL Bank and Multi - sectorial Defaults of Payment: NO
Financial Information
Latest sales known (2011): 7.301.444,98 (Estimated)
Balance sheet latest sales (2010): 3.650.722,49 (Commercial Registry)
Result: 68.726,36
Total Assets: 1.785.416,49
Share capital: 71.006,00
Employees: 16
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 04/03/2004
Activity: Mfg. of dyes & pigments
NACE 2009 CODE: 2012
International Operations: Imports and Exports
Corporate Structure
Sole Administrator:
Other Complementary Information
Latest filed accounts in the Commercial Registry: 2010
Latest act published in BORME: 08/11/2011 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 )
Favourable to 78.000,00
Credit appraisal evolution
Financial Situation
|
Exercise:2010 |
Evolution |
|||
|
Treasury |
|
Good |
|
|
|
Indebtedness |
|
Average |
|
|
|
Profitability |
|
Average |
|
|
|
Balance |
|
Excellent |
|
|
Performance
|
Incidents |
|
None or Negligible |
|
Business
Trajectory |
|
Superior |
Rating Informa Explication
Financial Situation
The companys financial situation
is normal.
The companys financial situation
evolution has been negative.
The sales evolution has been
positive not the results one, which has been negative.
Company Structure
The companys capitalization degree
determines that its structure is normal.
The companys size is
medium 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 no recent legal
actions or claims from the Administration against this company
Accounts Filing
The company files regularly its
accounts.
Reasons of the last outstanding calculation in the note
|
DATE |
CHANGE |
RESULTING NOTE |
EVENT |
|
21/10/2011 |
Reduction |
14 |
New financial statements have been
uploaded. |
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: No
administrative claims registered
AFFECTED BY: No significant element.
EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL
DEFAULTS OF PAYMENT 
Summary
COMPANY NOT INCLUDED IN EXPERIAN BUREAU EMPRESARIAL BANK AND
MULTI - SECTORIAL DEFAULTS OF PAYMENT
There is no information related to the
nif/cif consulted in the in the EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI -
SECTORIAL DEFAULTS OF PAYMENT file
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
12/03/2012 12:03:32
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
Balance-sheet analysis
Figures given in
|
|
31/12/2010 (12) BALANCE SHEET |
% ASSETS |
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
31/12/2008 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
281.706,40 |
15,78 |
370.201,26 |
24,73 |
296.657,85 |
32,54 |
|
B) CURRENT ASSETS |
1.503.710,09 |
84,22 |
1.126.498,26 |
75,27 |
614.936,08 |
67,46 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
358.617,90 |
20,09 |
289.891,54 |
19,37 |
211.082,24 |
23,16 |
|
B) NON CURRENT LIABILITIES |
167.580,97 |
9,39 |
313.692,24 |
20,96 |
236.568,68 |
25,95 |
|
C) CURRENT LIABILITIES |
1.259.217,62 |
70,53 |
893.115,74 |
59,67 |
463.943,01 |
50,89 |
Profit and Loss Account Analysis
Figures given in
|
|
2011 ESTIMATED |
31/12/2010 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
7.301.444,98 |
3.650.722,49 |
|
2.894.066,57 |
|
|
GROSS MARGIN |
|
1.377.566,93 |
37,73 |
1.082.422,68 |
37,40 |
|
EBITDA |
|
211.976,90 |
5,81 |
213.513,39 |
7,38 |
|
EBIT |
|
112.057,74 |
3,07 |
135.540,86 |
4,68 |
|
NET RESULT |
|
68.726,36 |
1,88 |
78.809,30 |
2,72 |
|
EFFECTIVE TAX RATE (%) |
|
24,98 |
0,00 |
21,84 |
0,00 |
COMPARATIVE SECTOR ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
BALANCE SHEET ANALYSIS: % on
the total assets |
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
||
|
A) NON CURRENT ASSETS |
15,78 |
25,63 |
-9,85 |
|
|
|
|
|
A) CURRENT ASSETS |
84,22 |
74,37 |
9,85 |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|
||
|
A) NET WORTH |
20,09 |
51,54 |
-31,46 |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
9,39 |
11,04 |
-1,66 |
|
|
|
|
|
C) CURRENT LIABILITIES |
70,53 |
37,41 |
33,12 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
PROFIT AND LOSS ACCOUNT
ANALYSIS: % on the total operating income |
|
|
|
|
|
|
|
|
SALES |
99,82 |
99,90 |
-0,09 |
|
|
|
|
|
GROSS MARGIN |
37,66 |
43,03 |
-5,37 |
|
|
|
|
|
EBITDA |
5,80 |
2,08 |
3,72 |
|
|
|
|
|
EBIT |
3,06 |
-1,33 |
4,40 |
|
|
|
|
|
NET RESULT |
1,88 |
-2,10 |
3,98 |
|
|
|
|
Sector Composition
Compared sector (NACE 2009): 2012
Number of companies: 6
Size (sales figure): 2,800,000.00 - 7,000,000.00
Euros
Results Distribution
Source: annual financial
report 2010
Figures given in
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account Balance |
68.726,36 |
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 |
68.726,36 |
|
Total of Amounts to be distributed |
68.726,36 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
68.726,36 |
Business address
Current Legal Seat Address:
CALLE PISUERGA, 14
08223 TERRASSA BARCELONA
Previous Seat Address:
CALLE GUADALQUIVIR 29
08223 TERRASSA BARCELONA
Summary
Governing body : 1 member (latest
change: 20/04/2004)
Other Positions : 1 (latest change:
21/05/2004)
Operative Board Members : 3 (latest change:
05/05/2011)
Non-current positions : 1 (latest change:
20/04/2004)
Main Board members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
SOLE ADMINISTRATOR |
LUENGO LUENGO, JAIME |
20/04/2004 |
|
|
|
|
|
POSITION |
NAME AND SURNAME |
|
General Manager |
LUENGO LUENGO, JAIME |
|
Financial Manager |
CARRENO LOPEZ, FRANCISCA |
|
Human Resources Director |
LUENGO LUENGO, JAIME |
Direct Shareholders
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
LUENGO LUENGO JAIME |
|
50,00 |
OWN SOURCES |
15/02/2012 |
|
|
CARRENO LOPEZ FRANCISCA |
|
50,00 |
OWN SOURCES |
05/05/2011 |
Name Search in the Internet
Search Criterion: LUENGO COLOR SL
URL: www.luengocolor.com
Luengocolor . luengonyl - agronyl, colorantes y pigmentos en
forma ... LUENGO COLOR, S.L. Es una empresa de nueva creaciσn,
formada por un equipo joven de personas muy cualificadas y preparadas para
ofrecer a los clientes ...
Constitution
Incorporation date: 04/03/2004
Activity
Informa Code: 1253200
Informa Activity: Mfg. of dyes & pigments
NACE 2009 CODE: 2012
NACE 2009 Activity: Manufacture of dyes and pigments
Business: LA FABRICACION Y
COMERCIALIZACION DE COLORANTES Y PIGMENTOS PARA LA INDUSTRIA DE LA PINTURA Y
FERTILIZANTES
Employees
Latest employees figure: 16 (2012)
% of fixed employees: 100,00%
Employees evolution
|
|
|
|
COMMERCIAL OPERATIONS
SALES
Regional Distribution: 100%
Banks
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
CAIXABANK, S.A. |
|
|
TARRASSA |
|
|
BANCO SANTANDER, S.A. |
|
|
TARRASSA |
|
|
UNNIM BANC, S.A |
|
|
TERRASSA |
|
|
CATALUNYA BANC, S.A. |
|
|
TARRASSA |
|
Brands
Brand name: UNIVERTINT (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 18/11/2008
Brand name: LUENGOFINE (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 18/11/2008
Brand name: DOSYTINT (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 17/01/2008
Brand name: AGRONYL (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 15/07/2004
Brand name: LUENGONYL (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 09/07/2004
Constitution Data
Register Date: 04/03/2004
Register town: Barcelona
Announcement number: 188596
Register data:
Volume 36399, Folio 17, Section 8, Sheet 287799,
Inscription I/A 1 (2004-03-25)
Share capital: 3.006
Current structure data
Legal form: Limited Liability Company
Share capital: 71.006,00
Legal Aspects
Obligation to fill in Financial Statements: YES
Chamber census: YES (2010)
Summary
Acts on activity: 0
Acts on administrators: 2 (Last:
21/05/2004, first: 20/04/2004)
Acts on capital: 1 (Last: 04/08/2004)
Acts on creation: 1 (Last: 20/04/2004)
Acts on filed accounts: 7 (Last:
08/11/2011, first: 04/10/2005)
Acts on identification: 1 (Last: 25/08/2006)
Acts on Information: 0
Latest acts in B.O.R.M.E.
Most relevant acts of the last twelve months
|
|
ACT |
DATE |
NOTICE NUM. |
COMMERCIAL REGISTRY |
|
Annual Filed Accounts (2010) |
08/11/2011 |
908760 |
Barcelona |
|
|
|
Filed Accounts date: September
from 2011 Exercise to which the accounts belong: 2010 Filed Accounts type: Individual Filed accounts available online: DOWNLOAD (+1.0
unit) ZIPThis product is out of the fee for OPEN
contracts62749622010PDFThis product is out of the fee for OPEN
contracts62749622010TIFFThis product is out of the fee for OPEN
contracts62749622010 Publication Data:
Register Barcelona, Gazette 212, Page
63188, Announcement 908760 (08/11/2011) |
|||
Other acts
|
ACT |
DATE |
NOTICE NUM. |
COMMERCIAL REGISTRY |
|
Annual Filed Accounts (2009) |
29/10/2010 |
929852 |
Barcelona |
|
Annual Filed Accounts (2008) |
28/09/2009 |
522739 |
Barcelona |
|
Annual Filed Accounts (2007) |
28/10/2008 |
967522 |
Barcelona |
|
Annual Filed Accounts (2006) |
04/12/2007 |
1120818 |
Barcelona |
|
Annual Filed Accounts (2005) |
13/12/2006 |
1014625 |
Barcelona |
|
Change of registered address |
25/08/2006 |
423966 |
Barcelona |
|
Annual Filed Accounts (2004) |
04/10/2005 |
653116 |
Barcelona |
|
Capital enlargement (IA) |
04/08/2004 |
347936 |
Barcelona |
|
Appointments |
21/05/2004 |
237138 |
Barcelona |
Press articles
No 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 21/10/2011.
SITUATION BALANCE-SHEET
Assets
Figures given in
|
|
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
281.706,40 |
15,78 |
370.201,26 |
24,73 |
296.657,85 |
32,54 |
|
I. Intangible assets |
18.009,58 |
1,01 |
24.572,46 |
1,64 |
324,82 |
0,04 |
|
II. Tangible fixed assets |
246.074,60 |
13,78 |
329.256,43 |
22,00 |
279.960,66 |
30,71 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated
companies |
|
|
|
|
|
|
|
V. Long Term Financial Investments |
17.622,22 |
0,99 |
16.372,37 |
1,09 |
16.372,37 |
1,80 |
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
1.503.710,09 |
84,22 |
1.126.498,26 |
75,27 |
614.936,08 |
67,46 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
449.836,28 |
25,20 |
342.774,20 |
22,90 |
320.900,00 |
35,20 |
|
III. Trade Debtors and other receivable accounts |
914.811,35 |
51,24 |
693.762,55 |
46,35 |
289.505,18 |
31,76 |
|
1. Clients |
900.625,17 |
50,44 |
693.762,55 |
46,35 |
289.505,18 |
31,76 |
|
b) Clients for sales and short term
services rendering |
900.625,17 |
50,44 |
693.762,55 |
46,35 |
289.505,18 |
31,76 |
|
3. Other debtors |
14.186,18 |
0,79 |
|
|
|
|
|
IV. Short term investments in associated and affiliated
companies |
|
|
|
|
|
|
|
V. Short term financial investments |
31.000,00 |
1,74 |
|
|
|
|
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
108.062,46 |
6,05 |
89.961,51 |
6,01 |
4.530,90 |
0,50 |
|
TOTAL ASSETS (A + B) |
1.785.416,49 |
100,00 |
1.496.699,52 |
100,00 |
911.593,93 |
100,00 |
Net Worth and Liabilities
Figures given in
|
|
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
|
A) NET WORTH |
358.617,90 |
20,09 |
289.891,54 |
19,37 |
211.082,24 |
23,16 |
|
A-1) Equity |
358.617,90 |
20,09 |
289.891,54 |
19,37 |
211.082,24 |
23,16 |
|
I. Capital |
71.006,00 |
3,98 |
71.006,00 |
4,74 |
71.006,00 |
7,79 |
|
1. Authorized capital |
71.006,00 |
3,98 |
71.006,00 |
4,74 |
71.006,00 |
7,79 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
218.885,54 |
12,26 |
140.076,24 |
9,36 |
110.483,69 |
12,12 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
|
|
|
|
|
|
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
68.726,36 |
3,85 |
78.809,30 |
5,27 |
29.592,55 |
3,25 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
167.580,97 |
9,39 |
313.692,24 |
20,96 |
236.568,68 |
25,95 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
155.357,57 |
8,70 |
301.468,84 |
20,14 |
223.524,22 |
24,52 |
|
1. Debts with bank entities |
37.851,36 |
2,12 |
76.425,59 |
5,11 |
65.504,79 |
7,19 |
|
2. Financial leasing creditors |
117.506,21 |
6,58 |
225.043,25 |
15,04 |
158.019,43 |
17,33 |
|
III. Long term debts with associated and affiliated
companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
12.223,40 |
0,68 |
12.223,40 |
0,82 |
13.044,46 |
1,43 |
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
1.259.217,62 |
70,53 |
893.115,74 |
59,67 |
463.943,01 |
50,89 |
|
I. Liabilities related with non-current assets maintained
for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
119.601,76 |
6,70 |
103.922,42 |
6,94 |
6.918,67 |
0,76 |
|
1. Debts with bank entities |
74.354,58 |
4,16 |
103.922,42 |
6,94 |
|
|
|
2. Financial leasing creditors |
45.247,18 |
2,53 |
|
|
|
|
|
3. Other short term debts |
|
|
|
|
6.918,67 |
0,76 |
|
IV. Short term debts with associated and affiliated
companies |
|
|
|
|
|
|
|
V. Trade creditors and other payable accounts |
1.139.615,86 |
63,83 |
789.193,32 |
52,73 |
457.024,34 |
50,13 |
|
1. Suppliers |
1.040.324,40 |
58,27 |
647.769,16 |
43,28 |
390.640,31 |
42,85 |
|
b) Short term suppliers |
1.040.324,40 |
58,27 |
647.769,16 |
43,28 |
390.640,31 |
42,85 |
|
2. Other creditors |
99.291,46 |
5,56 |
141.424,16 |
9,45 |
66.384,03 |
7,28 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
1.785.416,49 |
100,00 |
1.496.699,52 |
100,00 |
911.593,93 |
100,00 |
PROFIT AND LOSS ACCOUNT
Figures given in
|
|
31/12/2010 (12) |
%OPERATING INCOME |
31/12/2009 (12) |
%OPERATING INCOME |
31/12/2008 (12) |
%OPERATING INCOME |
|
1. Net Turnover |
3.650.722,49 |
99,82 |
2.894.066,57 |
100,00 |
1.965.570,32 |
100,00 |
|
2. Variation in stocks of finished goods and work in
progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-2.279.855,96 |
-62,34 |
-1.811.643,89 |
-62,60 |
-1.109.031,13 |
-56,42 |
|
5. Other operating income |
6.700,40 |
0,18 |
|
|
|
|
|
6. Labour cost |
-648.190,77 |
-17,72 |
-490.091,21 |
-16,93 |
-398.493,61 |
-20,27 |
|
7. Other operating costs |
-520.130,10 |
-14,22 |
-392.348,43 |
-13,56 |
-305.326,46 |
-15,53 |
|
8. Amortization of fixed assets |
-99.919,16 |
-2,73 |
-77.972,53 |
-2,69 |
-70.764,96 |
-3,60 |
|
9. Allocation of subventions on non financial investments
and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
|
|
|
|
|
|
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
2.730,84 |
0,07 |
13.530,35 |
0,47 |
1.400,75 |
0,07 |
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 +
10 + 11 + 12 + 13) |
112.057,74 |
3,06 |
135.540,86 |
4,68 |
83.354,91 |
4,24 |
|
14. Financial income |
93,83 |
0,00 |
774,35 |
0,03 |
382,26 |
0,02 |
|
b) Other financial income |
93,83 |
0,00 |
774,35 |
0,03 |
382,26 |
0,02 |
|
15. Financial expenses |
-19.739,28 |
-0,54 |
-34.191,02 |
-1,18 |
-38.437,34 |
-1,96 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
-797,74 |
-0,02 |
-1.296,23 |
-0,04 |
-891,99 |
-0,05 |
|
18. Deterioration and result for disposal of financial
instruments |
|
|
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-20.443,19 |
-0,56 |
-34.712,90 |
-1,20 |
-38.947,07 |
-1,98 |
|
C) RESULT BEFORE TAXES (A + B) |
91.614,55 |
2,50 |
100.827,96 |
3,48 |
44.407,84 |
2,26 |
|
20. Taxes on profits |
-22.888,19 |
-0,63 |
-22.018,66 |
-0,76 |
-14.815,29 |
-0,75 |
|
D) EXERCISE RESULT (C + 20) |
68.726,36 |
1,88 |
78.809,30 |
2,72 |
29.592,55 |
1,51 |
Status of recognized income and
expenses
For the financial statements presented under the SMEs model
(PYMES), the Net Worth Changes Status is formed by a single table. For the
rest of the cases there would be shown the two tables corresponding to the
mentioned status with the exception of the company not having operations
reflected in the Status of recognized income and expenses and that, for this
reason, it has no data.
Total net worth changes status
Figures given in
|
NET WORTH CHANGES ( 1 /1) |
AUTHORIZED CAPITAL |
RESERVES |
EXERCISE RESULT |
TOTAL |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
71.006,00 |
43.082,22 |
67.401,47 |
181.489,69 |
|
I. Adjustments by change of criteria in the exercise
(2007) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2007) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
71.006,00 |
43.082,22 |
67.401,47 |
181.489,69 |
|
I. Total recognized income and expenses |
|
|
29.592,55 |
29.592,55 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
67.401,47 |
-67.401,47 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
71.006,00 |
110.483,69 |
29.592,55 |
211.082,24 |
|
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) |
71.006,00 |
110.483,69 |
29.592,55 |
211.082,24 |
|
I. Total recognized income and expenses |
|
|
78.809,30 |
78.809,30 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
29.592,55 |
-29.592,55 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
71.006,00 |
140.076,24 |
78.809,30 |
289.891,54 |
|
I. Adjustments by change of criteria in the exercise
(2009) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2009) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
71.006,00 |
140.076,24 |
78.809,30 |
289.891,54 |
|
I. Total recognized income and expenses |
|
|
68.726,36 |
68.726,36 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
78.809,30 |
-78.809,30 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
71.006,00 |
218.885,54 |
68.726,36 |
358.617,90 |
RATIOS
|
|
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
CHANGE % |
31/12/2008 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital () |
244.492,47 |
4,76 |
233.382,52 |
54,57 |
150.993,07 |
|
Working capital ratio |
0,14 |
-12,50 |
0,16 |
-5,88 |
0,17 |
|
Soundness Ratio |
1,27 |
62,82 |
0,78 |
9,86 |
0,71 |
|
Average Collection Period (days) |
90 |
4,58 |
86 |
63,27 |
53 |
|
Average Payment Period (days) |
147 |
13,69 |
129 |
10,84 |
116 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
119,42 |
-5,32 |
126,13 |
-4,84 |
132,55 |
|
Quick Ratio (%) |
11,04 |
9,63 |
10,07 |
927,55 |
0,98 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
15,40 |
-43,15 |
27,09 |
7,16 |
25,28 |
|
External Financing Average Cost |
0,07 |
-12,50 |
0,08 |
-52,94 |
0,17 |
|
Debt Service Coverage |
1,63 |
-37,07 |
2,59 |
12,61 |
2,30 |
|
Interest Coverage |
5,68 |
43,43 |
3,96 |
82,49 |
2,17 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
4,62 |
-14,76 |
5,42 |
6,07 |
5,11 |
|
Auto financing generated by Assets (%) |
9,45 |
-9,83 |
10,48 |
-4,81 |
11,01 |
|
Breakdown Point |
1,03 |
-1,90 |
1,05 |
0,96 |
1,04 |
|
Average Sales Volume per Employee |
285.435,69 |
28,41 |
222.278,54 |
21,23 |
183.355,44 |
|
Average Cost per Employee |
50.679,50 |
34,64 |
37.641,41 |
1,26 |
37.172,91 |
|
Assets Turnover |
2,04 |
6,22 |
1,93 |
-10,65 |
2,16 |
|
Inventory Turnover (days) |
71 |
4,23 |
68 |
-34,60 |
104 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
6,28 |
-30,68 |
9,06 |
-0,88 |
9,14 |
|
Operating Profitability (%) |
11,87 |
-16,82 |
14,27 |
-15,61 |
16,91 |
|
Return on Equity (ROE) (%) |
25,55 |
-26,54 |
34,78 |
65,30 |
21,04 |
Balance Sheet and Financial
Balance
Figures expressed in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on
the total assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
15,78 |
25,63 |
-9,85 |
|
A) CURRENT ASSETS |
84,22 |
74,37 |
9,85 |
|
LIABILITIES |
|||
|
A) NET WORTH |
20,09 |
51,54 |
-31,46 |
|
B) NON CURRENT LIABILITIES |
9,39 |
11,04 |
-1,66 |
|
C) CURRENT LIABILITIES |
70,53 |
37,41 |
33,12 |
|
|
|
|
|
Results Analytical Account
Figures given in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
99,82 |
99,90 |
-0,08 |
|
Other operating income |
0,18 |
0,10 |
0,08 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-62,34 |
-56,58 |
-5,76 |
|
Variation in stocks of finished goods and work in progress |
|
-0,39 |
|
|
GROSS MARGIN |
37,66 |
43,03 |
-5,37 |
|
Other operating costs |
-14,22 |
-18,37 |
4,15 |
|
Labour cost |
-17,72 |
-26,36 |
8,64 |
|
GROSS OPERATING RESULT |
5,72 |
-1,70 |
7,42 |
|
Amortization of fixed assets |
-2,73 |
-2,50 |
-0,23 |
|
Deterioration and result for fixed assets disposal |
|
2,72 |
|
|
Other expenses / income |
|
0,15 |
|
|
NET OPERATING RESULT |
3,06 |
-1,33 |
4,39 |
|
Financial result |
-0,56 |
-1,05 |
0,49 |
|
RESULT BEFORE TAX |
2,50 |
-2,38 |
4,88 |
|
Taxes on profits |
-0,63 |
0,28 |
-0,91 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
1,88 |
-2,10 |
3,98 |
|
Exercise result coming from discontinued operations net of
taxes |
|
0,00 |
|
|
NET RESULT |
1,88 |
-2,10 |
3,98 |
|
Amortization of fixed assets |
-2,73 |
-2,50 |
-0,23 |
|
Deterioration and provisions variation |
-2,73 |
-0,91 |
-1,82 |
|
|
7,34 |
1,31 |
6,03 |
Main Ratios
Figures given in
|
|
COMPANY (2010) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital () |
244.492,47 |
495.393,21 |
1.145.724,11 |
1.945.246,34 |
|
Working capital ratio |
0,14 |
0,15 |
0,33 |
0,57 |
|
Soundness Ratio |
1,27 |
1,22 |
1,82 |
3,48 |
|
Average Collection Period (days) |
90 |
88 |
114 |
154 |
|
Average Payment Period (days) |
147 |
97 |
107 |
117 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
119,42 |
139,07 |
187,12 |
312,28 |
|
Quick Ratio (%) |
11,04 |
8,07 |
18,29 |
68,43 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
15,40 |
8,62 |
21,63 |
29,25 |
|
External Financing Average Cost |
0,07 |
0,04 |
0,07 |
0,11 |
|
Debt Service Coverage |
1,63 |
-3,83 |
4,64 |
8,29 |
|
Interest Coverage |
5,68 |
-13,20 |
1,27 |
3,06 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
4,62 |
-2,78 |
2,01 |
4,15 |
|
Auto financing generated by Assets (%) |
9,45 |
-2,90 |
2,97 |
4,48 |
|
Breakdown Point |
1,03 |
0,94 |
1,02 |
1,04 |
|
Average Sales Volume per Employee |
285.435,69 |
95.840,63 |
165.874,87 |
247.377,73 |
|
Average Cost per Employee |
50.679,50 |
29.821,05 |
41.083,61 |
47.752,91 |
|
Assets Turnover |
2,04 |
0,94 |
1,14 |
1,46 |
|
Inventory Turnover (days) |
71 |
53 |
120 |
208 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
6,28 |
-7,12 |
2,43 |
5,55 |
|
Operating Profitability (%) |
11,87 |
1,56 |
6,84 |
8,42 |
|
Return on Equity (ROE) (%) |
25,55 |
-11,10 |
2,10 |
6,39 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.84 |
|
|
1 |
Rs.77.96 |
|
Euro |
1 |
Rs.65.61 |
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 SCs 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.