|
Report Date : |
24.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
LESNINA, D.O.O. |
|
|
|
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Registered Office : |
Cesta na Bokalce 40, 1000 |
|
|
|
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Country : |
|
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|
|
|
Financials (as on) : |
31.12.2010 |
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|
|
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Date of Incorporation : |
28.05.1997 |
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|
|
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Com. Reg. No.: |
10216200 |
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Legal Form : |
Limited liability company (Ltd.) |
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Line of Business : |
wholesale and retail sale of furniture, lighting equipment and other
household articles in specialized stores |
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No. of Employees : |
390 |
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 : |
EUR 620.000
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Status : |
Good |
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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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
|
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
LESNINA, d.o.o.
Cesta na Bokalce 40,
1000
Phone: 01 241 21 00
Telefax: 01 241 22 64
E-Mail: info@lesnina.si
Web: www.lesnina.si
Legal form d.o.o. - Limited liability company (Ltd.)
Established
on 28/05/1997
- Joined stocked Company
21/04/2010 - d.o.o. - Limited liability company (Ltd.)
1949 -
last entry on 17.3.2011
On 21.04.2010 change of a company's
legal form from d.d. into d.o.o.
On 11.12.2006 incorporation of the company
Mervin d.o.o. into Lesnina d.d.
Registered on 28/05/1997,
Tax number: SI74735705
Company number: 5025648
Registered capital EUR
12.063.847,03
On 28.04.2009 capital reduction for
EUR 65.965,--
Owner XLCEE-HOLDING
GMBH EUR 12.063.847,03
Rφmerstrasse 39, 46000
Manager Bojan Papiθ
Klave 7, 5216 Most na Soθi
director
Emil Koprivc
Oreje 30, 2250 Ptuj
director
Gerald Socher
Dornach 12, 9812
confidential clerk
Gernot Herbert
Frank
Tφschling 12, 9212
confidential clerk
General data Company activity:
wholesale and retail sale of furniture,
lighting equipment and other household articles
in specialized stores
Headquarters, management premises and selling centre
are located on the address above
additional business premises are in
Rudnik-Ljubljana, 2 in Levec pri Celju, Hoθe,
mesto, Brdo-Ljubljana, Murska Sobota and also 8
franchise stores are located all over
business unit is located in
Main
activity:
Retail sale of furniture, lighting
equipment (47.59)
and other household articles in specialized
stores (NACE 2)
Export:
Import:
Residence address:
Cesta na Bokalce 40, 1000
Phone:
01 241 21 00
Telefax:
01 241 22 64
E-Mail:
info@lesnina.si
Web:
www.lesnina.si
Employees 2007
396 employees
2008 415 employees
2009 420 employees
2010 393 employees
2011 390 employees
Group Lesnina per 31.12.2006: 798
employees
Group Lesnina per 31.12.2007:
979 employees
Group Lesnina per
31.12.2008:1083 employees
Group Lesnina per 31.12.2010:
1051 employees
Annual turnover
2007
2008
2009
2010
Group Lesnina:
Annual turnover 2006
EUR 140.653.668,--
Annual turnover 2007
EUR 176.248.239,--
Annual turnover 2008 EUR 201.302.342,--
Annual turnover 2009 EUR 175.714.513,--
Annual turnover 2010 EUR 167.336.726,--
Profit 2006 EUR 7.585.349,--
Profit 2007 EUR 15.566.356,--
Profit 2008 EUR 17.372.256,-
Profit 2009 EUR 13.664.145,--
Profit 2010 EUR 8.029.732,--
Remarks
Company name:
LESNINA, trgovina s pohitvom,
d.o.o.
Participation in capital:
MI Lesnina Split,
Lesnina H d.o.o.
Lesnina S d.o.o.
Aleksandro d.o.o.
(stand per 13.07.2011)
Bank relations NOVA
LJUBLJANSKA BANKA d.d.,
Central address: SI Trg
republike 2, 1520
Account number:
02922-0010985633
NOVA KREDITNA BANKA
Central address: SI Ulica Vita
Kraigherja 4, 2505
Account number:
04750-0001038533
RAIFFEISEN
Central address: SI Slovenska
ulica 17, 2000
Account number: SI56
242039000021107
company development needs to be
supervised
vast long-term liabilities
Company development
Constant (30)
Terms of Mostly within agrees terms, but partly
also (32)
payment delayed
Business Business connection appear
premissable (31)
connection
Credit limit
EUR 620.000,-
A. The enclosed balance of 2010 is originated from official
source, it is
authenticated by the auditor . (31.12.2010 - 1 EUR)
B. The enclosed balance of 2009 is originated from official
source, it is
authenticated by the auditor . (31.12.2009 - 1 EUR)
C. The enclosed balance of 2008 is originated from official
source, it is
authenticated by the auditor . (31.12.2008 - 1 EUR)
D. The enclosed
balance of 2007 is originated from official source, no data
available about
authentication. (31.12.2007 - 1 EUR)
BALANCE A B
C D
31.12.2010 31.12.2009
31.12.2008 31.12.2007
ASSETS
(AKTIVA) 105.357.539
116.284.963 108.888.790 96.504.521
>LONG-TERM
ASSETS >82.385.937
>85.393.591 >80.109.424 >73.603.590
Intangible assets
and 121.074 135.334
142.745 146.285
long-term deferred
costs
and accrued
revenues
Intangible
assets 121.074 135.334
Long-term deferred
costs 0 0
and accrued
revenues
Tangible fixed
assets 25.930.509 27.317.292
27.837.025 20.335.885
Long-term
financial 55.528.704 56.848.348
50.961.372 45.272.478
investments and
Real
estate
investments
Investment
property 17.531.645 18.748.984
Long-term
financial 37.997.059 38.099.364
investments
Long-term
operating 443.047 389.457
585.236 7.263.796
receivables
Deferred
receivables for 362.603 703.160
583.046 585.146
taxes
>SHORT-TERM
ASSETS >22.898.694
>30.822.401 >28.705.440 >22.822.792
Short-term
assets
28.251.939 22.822.792
(without
Short-term
deferred costs
and
accrued
revenues)
Assets (group
for 38.457 38.457 51.198 51.198
estrange) for
sell
Inventories 11.863.022 13.628.299
14.547.220 14.010.927
Short-term
financial 3.255.630 7.945.210
453.501 0
investments
Short-term
operating 7.607.187 8.461.873
10.399.422 8.306.740
receivables
Cash assets 134.398 748.562
3.254.099 453.927
>Short-term
deferred >72.908 >68.971 >73.926 >78.139
costs and accrued
revenues
Off-balance sheet
items 0 8.341.738
>LIABILITIES >105.357.539 >116.284.963
>108.888.790 >96.504.521
Long-term
sources
89.434.238 77.024.788
(PASSIVA)
>CAPITAL >28.704.908
>87.584.484 >84.816.783 >75.546.343
Called-up
capital 12.063.847 12.063.847
Basic (subscribed)
capital 12.063.847 12.063.847
12.129.812 12.129.812
Non called-up
capital 0 0
(deductive
item)
Capital reserves 5.881.036 5.881.036
5.815.071 5.815.071
Reserves from
profit 6.486.506 33.454.278
33.454.278 27.533.215
Surplus from
revaluation 80.900 162.744
62.157 10.569
Retained net 0 27.863.042
28.365.448 25.700.979
Net business result
for 4.192.619 8.159.537
4.990.017 4.356.697
the business
year
PROVISIONS AND
LONG-TERM 621.702 808.416
775.674 598.388
ACCRUED COSTS
AND
DEFERRED
REVENUES
>FINANCIAL AND
BUSINESS >75.715.929
>27.622.717
LIABILITIES
>LONG-TERM
LIABILITIES >50.047.509 >2.888.767
>4.617.455 >1.478.445
Provisions and
long-term
775.674 598.388
accrued costs
and
deferred
revenues
Long-term
liabilities
3.841.781 880.057
Long-term financial 49.371.703 2.192.500
3.797.867 848.700
liabilities
Long-term
operating 655.582 655.582 28.376 28.376
liabilities
Deferred
liabilities for 20.224 40.685
taxes
Short-term
liabilities
19.454.552 19.479.733
and accruals
>SHORT-TERM
LIABILITIES >25.668.420
>24.733.950 >19.133.503 >19.153.938
Liabilities,
included in 0 0
groups for
estrange
Short-term
financial 12.297.204 10.599.630
7.474.787 6.887.921
liabilities
Short-term
operating 13.371.216 14.134.320
11.658.716 12.266.017
liabilities
>SHORT-TERM
ACCRUED COSTS >315.000 >269.346 >321.049 >325.795
AND DEFERRED
REVENUES
Off-balance sheet
items 0 8.341.738
A. The enclosed
profit and loss account of 2010 is originated from official
source, it is
authenticated by the auditor . (31.12.2010 - 1 EUR)
B. The enclosed profit
and loss account of 2009 is originated from official
source, it is
authenticated by the auditor . (31.12.2009 - 1 EUR)
C. The enclosed
profit and loss account of 2008 is originated from official
source, it is
authenticated by the auditor . (31.12.2008 - 1 EUR)
D. The enclosed
profit and loss account of 2007 is originated from official
source, no data
available about authentication. (31.12.2007 - 1 EUR)
PROFIT AND LOSS ACCOUNT A B
C D
31.12.2010 31.12.2009
31.12.2008 31.12.2007
TOTAL REVENUES
98.554.606 94.114.917
TOTAL EXPENSES
84.534.117 81.939.308
>CAPITAL
>87.584.484
>Net sales >72.874.032
>82.300.263
>Changes in the
value of >0 >0
inventories of
products
and
work-in-process
>Capitalised own
products >0 >0
and own
services
>Other operating
revenues >0 >963.939
(with
subventions,
grants,...)
>GROSS OPERATING
YIELD >0
>83.264.202
>Cost of goods,
material >0 >59.844.562
>62.370.630 >60.497.933
and services
Purchase value of
goods 0
53.043.498
and materials sold
and
cost of material
and cost
of material
used
Cost of
services 0 6.801.064
7.144.909 7.804.779
>Labour
cost >0 >8.949.712
>9.611.154 >8.784.674
thereof wages
6.776.541 6.107.572
Cost of wages 0 6.294.482
Cost of pension
insurance 0 687.949
Cost of other
social 0 456.669
insurance
Other labour
cost 0 1.510.612
>Write-offs >0 >4.192.776
Depreciation 0 2.955.318
2.950.050 2.850.287
Revaluation
operating 0 57.684
expenses for
non-tangible
assets and tangible
fixed
assets
Revaluation
operating 0 1.179.774
expenses for
current
assets
Other operating
expenses 0 204.032
683.649 500.441
OPERATING
REVENUES 0 83.264.202
98.114.999 93.628.589
Financial Revenues
from
94.568.874 92.896.783
salles of goods,
services
and materials
>OPERATING
EXPENSES >0
>73.191.082 >83.929.384 >81.267.978
>OPERATING
RESULT >7.142.496
>10.073.120
>EBIT >11.696.782
>10.073.120
Financial income
from 1.647 55.601 6.490 5.833
investments in
other
enterprises
Financial income
from 596.323 315.493
loans
Financial income
from 435.370 512.899
operating
receivables
Financial expenses
from 0 48.614 16.571 0
depreciation and
write-
offs of
financial
investments
Financial expenses
from 2.796.481 501.773
financial
liabilities
Financial expenses
from 135.620 153.224
operating
liabilities
Financial income 1.033.340 883.993
439.607 486.328
Financial
expenses 2.932.101 703.611
604.733 671.330
Other revenues 22.822 11.212 0 0
Other expenses 15.231 11.508 0 0
Total revenues 75.329.571 84.159.407
>Total
costs >70.078.245
>73.906.201
Total business
result 5.251.326 10.253.206
>Tax on
profit >-718.150 >2.276.206
Deferred taxs 340.557 -182.537
>Net business
result for >4.192.619 >8.159.537
the accounting
period
Write-offs of
equity and
588.162 671.330
other
financial
investments
EARNINGS BEFORE
TAXES
14.020.489 12.175.609
(EBT)
INCOME TAX
3.109.409 2.494.061
NET EARNINGS
(E)
10.911.080 9.681.548
Ratios 2007 2008
2009 2010
Equity ratio 0,13 0,11
0,1 0,11
Cleared equity ratio 0,13
0,11 0,1 0,11
Current liquidity 1,19 1,5
1,25 0,89
Quick liquidity 0,46 0,74
0,7 0,43
Working capital 3668854 9571937 6088451 -2769726
Gearing 7,96 8,98
9,64 8,73
Cleared gearing 0,64 0,93
1,07 5,15
Profitability 12,94 14,23
12,18 6,97
Operating profitability 10,29
11,07 9,7 5,57
Stock days 54,34 53,88
59,11 57,48
Debtor days 32,22 38,51
36,7 36,86
Supplier days 47,57 43,18
61,3 64,79
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.90 |
|
|
1 |
Rs.80.77 |
|
Euro |
1 |
Rs.67.40 |
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.