|
Report Date : |
27.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
SECOP KOMPRESORJI D.O.O. |
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|
|
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Registered Office : |
Ulica Heroja Stariha 24, 8340 Črnomelj |
|
|
|
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Country : |
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|
|
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Financials (as on) : |
31.12.2010 |
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|
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Date of Incorporation : |
29.09.1992 |
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|
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Com. Reg. No.: |
10272200 |
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Legal Form : |
D.O.O. - Limited liability company (Ltd.) |
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Line of Business : |
Manufacture of other pumps and compressors |
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No. of Employees : |
954 employees |
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 : |
EUR 1.500.000 |
|
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 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 |
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Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
SECOP KOMPRESORJI d.o.o.
Ulica Heroja Stariha 24,
8340 Črnomelj
Phone: 07 336 11 00
Telefax: 07 336 12 00
E-Mail: info@secop.com
Web: www.secop.com
Legal form d.o.o.
- Limited liability company (Ltd.)
Established on
29/09/1992 - d.o.o. - Limited liability company (Ltd.)
last entry on 12.03.2012
on 1.2.2011 changing of companyname from DANFOSS
COMPRESSORS
d.o.o. in
SECOP KOMPRESORJI d.o.o.
Registered on 09/11/1992, Novo mesto, Registration number:
10272200
Tax number: SI40303675
Company
number: 5677521
Registered EUR 7.922.592,00
capital
Owner SECOP
BETEILIGUNGS GMBH EUR 7.922.592,00
Ludwig-Ganghofer
Strasse 6, 82031
(a lien registered)
Manager Iztok Virant
Na Griču 15, 2000
director
Michael Hanke
Fasanenstrasse 37, 10001
director
Supervisory Fritz Olaf Seemann
Board Rosspfad
1, 40489
member of the supervisory board
Lyder Jensen Leif
Reefslagervaenget 5, 6320
member of the supervisory board
Soeholm Bennetsen Mogens
Loekkevaenget 14, 6400
chairman of the supervisory board
General data company activity:
development, manufacture and sales of compressors
significant customers:Bosch
Siemens
Headquarters and
business-production premises
are located on the adress above
Main activity:
Manufacture of other pumps and
compressors (28.13)
(NACE 2)
Export:
Import:
Residence address:
Ulica Heroja Stariha 24, 8340
Črnomelj
Phone:
07 336 11 00
Telefax:
07 336 12 00
E-Mail:
info@secop.com
Web:
www.secop.com
Activities
Employees 2008
1121 employees
2009 1159
employees
2010
1019 employees
2011 954 employees
Annual turnover
2007
2008
2009
2010
Property Company's property: Buildings
per 31.12.2009
SI-8340 Črnomelj, Ulica Heroja
Stariha 24
Book value: 4.869.191,- EUR
(Official source)
Company's
property: Land
per 31.12.2009
SI-8340 Črnomelj, Ulica Heroja
Stariha 24
Book value: 794.916,- EUR
(Official source)
Company's property: Business
premises
55000
8340 Črnomelj, Cesta Heroja
Starihe 24
Remarks full name of company:
SECOP KOMPRESORJI, podjetje
za
proizvodnjo kompresorjev d.o.o.
english: SECOP
COMPRESSORS,
enterprise for production of
compressors Ltd.
Bank
relations RAIFFEISEN BANKA d.d.:
Central address: SI Slovenska
ulica 17, 2000
Account number: SI56 2420 3905
4917 966
Terms of No complaints (39)
payment
Business Business connection appear
premissable (31)
connection
Credit limit EUR 1.500.000,-
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 not
authenticated by
the auditor. (31.12.2009 - 1 EUR)
C. The enclosed
balance of 2008 is originated from official source, it is not
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) 76.758.444 63.402.325
78.736.126 90.577.917
>LONG-TERM
ASSETS >10.571.791
>17.321.733 >22.972.529 >24.011.330
Intangible assets
and 79.955 131.329 54.868 95.426
long-term deferred
costs
and accrued
revenues
Intangible
assets 79.955 131.329
Long-term deferred
costs 0 0
and accrued
revenues
Tangible fixed assets 10.028.891 16.738.452
21.099.074 23.537.181
Long-term
financial 0 0 0
investments and
Real
estate
investments
Investment
property 0 0
Long-term
financial 0 0
investments
Long-term
operating 0 0 0 0
receivables
Deferred
receivables for 462.945 451.952
1.818.587 378.723
taxes
>SHORT-TERM
ASSETS >65.328.840
>46.062.464 >55.671.766 >66.412.356
Short-term
assets
55.671.766 54.532.658
(without
Short-term
deferred costs
and
accrued
revenues)
Assets (group
for 0 0 0 0
estrange) for
sell
Inventories 11.591.690 11.084.500
14.161.619 14.496.710
Short-term
financial 15.114.789 559.788 0
11.879.698
investments
Short-term
operating 32.628.233 33.055.717
41.326.277 38.725.140
receivables
Cash assets 5.994.128 1.362.459
183.870 1.310.808
>Short-term
deferred >857.813 >18.128 >91.831 >154.231
costs and accrued
revenues
Off-balance sheet
items 0 20.837.848
>LIABILITIES >76.758.444 >63.402.325
>78.736.126 >90.577.917
Long-term
sources
22.579.681 47.588.193
(PASSIVA)
>CAPITAL >34.514.829 >25.894.598
>20.440.603 >40.060.002
Called-up
capital 7.922.592 7.922.592
7.922.000
Basic (subscribed)
capital 7.922.592 7.922.592
7.922.592 7.922.592
Non called-up
capital 0 0 0
(deductive
item)
Capital reserves 5.379.648 5.379.648
5.380.000 5.380.000
Reserves from
profit 792.259 792.259
792.000 792.000
Surplus from revaluation 2.077.133 447.831
-5.777.000 3.356.000
Retained net 11.352.269 12.444.988
10.610.000 14.025.000
Net business result
for 6.990.928 -1.092.720
1.513.000 8.585.000
the business
year
PROVISIONS AND
LONG-TERM 2.194.983 2.255.837
2.139.000
ACCRUED COSTS
AND
DEFERRED
REVENUES
>FINANCIAL AND
BUSINESS >36.483.655
LIABILITIES
>LONG-TERM
LIABILITIES >0 >0
>2.139.078 >7.528.191
Provisions and
long-term 2.139.078 2.813.685
accrued costs
and
deferred
revenues
Long-term
liabilities
0 4.714.506
Long-term
financial 0 0 3.790.563
liabilities
Long-term
operating 0 0 0
liabilities
Deferred
liabilities for 0
taxes
Short-term
liabilities 56.156.445 42.989.724
and accruals
>SHORT-TERM
LIABILITIES >36.483.655
>33.172.822 >54.699.499 >39.838.193
Liabilities,
included in 0 0
groups for
estrange
Short-term
financial 7.816.030 10.034.544
31.025.253 22.343.400
liabilities
Short-term operating 28.667.625 23.138.278
23.674.246 17.494.793
liabilities
>SHORT-TERM
ACCRUED COSTS >3.564.977 >2.079.068
>1.456.946 >3.151.531
AND DEFERRED
REVENUES
Off-balance sheet
items 0 20.837.848
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 not
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
176.065.314 162.312.265
TOTAL EXPENSES 174.100.642 150.522.284
>CAPITAL
>Net sales >172.002.613
>149.249.647
>Changes in the
value of >0 >-714.676
inventories of
products
and
work-in-process
>Capitalised own
products >0 >0
and own services
>Other operating
revenues >0 >291.146
(with
subventions,
grants,...)
>GROSS OPERATING
YIELD >0
>Cost of goods,
material >0 >122.124.162
>123.991.666 >105.184.886
and services
Purchase value of
goods 0 108.845.620
and materials sold
and
cost of material
and cost
of material
used
Cost of
services 0 13.278.542
16.384.465 15.296.072
>Labour
cost >0
>18.858.227 >21.458.730 >19.396.678
thereof wages 15.731.862
14.228.955
Cost of wages 0 13.783.599
Cost of pension
insurance 0 1.630.640
Cost of other
social 0 1.003.595
insurance
Other labour
cost 0 2.440.393
>Write-offs >0 >6.625.393
Depreciation 0
5.991.457 6.321.480 6.782.021
Revaluation
operating 0 8.086
expenses for
non-tangible
assets and tangible
fixed
assets
Revaluation
operating 0 625.850
expenses for
current
assets
Other operating
expenses 0 1.124.433
977.400 1.278.071
OPERATING
REVENUES 0 172.449.105 161.235.232
Financial Revenues
from 171.456.607 160.101.448
salles of goods,
services
and materials
>OPERATING
EXPENSES >0 >169.308.688 >148.223.982
>OPERATING
RESULT >0
>EBIT >7.495.516
Financial income
from 0 0 0 0
investments in other
enterprises
Financial income
from 46.725 27.893
loans
Financial income
from 3.811.204 1.687.649
operating
receivables
Financial expenses
from 0 0 0 0
depreciation and
write-
offs of
financial
investments
Financial expenses
from 247.578 895.948
financial
liabilities
Financial expenses
from 3.543.774 2.421.955
operating
liabilities
Financial
income 3.857.929 3.396.184 900.217
Financial
expenses 3.791.352 4.791.954 2.298.302
Other revenues 527.411 230.619
220.025 176.816
Other expenses 15.749 4.380 0 0
Total revenues 184.580.527 150.772.278
>Total
costs >176.506.772
>152.054.498
Total business
result 8.073.755 -1.282.220
>Tax on
profit >981.861 >0
Deferred taxs 100.966 -189.500
>Net business
result for >6.990.928
>-1.092.720
the accounting
period
Write-offs of
equity and
4.791.954 2.298.302
other
financial
investments
EARNINGS BEFORE
TAXES
1.964.672 11.789.981
(EBT)
INCOME TAX 451.534 3.205.104
NET EARNINGS
(E)
1.513.138 8.584.877
Ratios 2007 2008
2009 2010
Equity ratio 0,09 0,1
0,12 0,1
Cleared equity ratio 0,05
0,16 0,12 0,08
Current liquidity 1,67 1,02
1,39 1,79
Quick liquidity 1,3
0,76 1,05 1,47
Working capital 26574163 972267 12889642 28845185
Gearing 11,43 9,94
8 9,69
Cleared gearing 5,72 2,26
1,34 1,34
Profitability 7,26 1,12
-0,85 4,37
Operating profitability 5,29
0,86 -0,72 3,79
Stock days 32,6 29,36
26,83 22,92
Debtor days 87,08
85,67 80,02 64,52
Supplier days 39,34 49,08
56,01 56,69
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.30 |
|
|
1 |
Rs.81.36 |
|
Euro |
1 |
Rs.67.97 |
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.