MIRA
INFORM REPORT
|
Report Date : |
19.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
SAFINA-SOCIEDADE INDUSTRIAL DE ALCATIFAS LDA |
|
|
|
|
Registered Office : |
Travessa Da Gândara, Zona Industrial, 65 - Apartado 49, Cortegaca, 3886-908-Cortegaca Ovr, Ovar, Aveiro |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
10.02.1971 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacturer of carpets and rugs |
|
|
|
|
No. of Employees : |
75 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 : |
Euros 249.399,00 |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Portugal |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
portugal - ECONOMIC OVERVIEW
Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the past two decades, successive governments have privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country qualified for the Economic and Monetary Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with 11 other EU members. The economy had grown by more than the EU average for much of the 1990s, but fell back in 2001-08, and contracted 2.5% in 2009, before growing 1.3% in 2010. But GDP fell again in 2011, as the government implemented austerity measures, including a 5% public salary cut, a 2% increase in the value-added tax, and an extraordinary tax on yearend bonuses to comply with conditions of an EU-IMF financial rescue package agreed to in May 2011. GDP per capita stands at roughly two-thirds of the EU-27 average. A rigid labor market has been an obstacle to greater productivity and growth. Portugal also has been increasingly overshadowed by lower-cost producers in Central Europe and Asia as a destination for foreign direct investment. Portugal's low competitiveness, low growth prospects, and high levels of public debt have made it vulnerable to bond market turbulence. The government reduced the budget deficit from 10.1% of GDP in 2009 to 4.5% in 2011, an achievement made possible only by the extraordinary revenues obtained from the one-time transfer of bank pension funds to the social security system. Investors, however, continue to express concern about the government's ability to achieve future budget deficit targets and obtain foreign financing to cover its sovereign debt obligations when the EU-IMF financing program expires in 2013. Without the option for stimulus measures, the government is focusing instead on boosting exports and implementing labor market and other structural reforms to try to raise GDP growth and increase Portugal's competitiveness - which, over time, may help mitigate investor concerns.
|
Source : CIA |
Identification
|
Name |
SAFINA-SOCIEDADE
INDUSTRIAL DE ALCATIFAS LDA |
|
V.A.T. Number /
NIF |
500238189 |
|
Address |
Travessa da Gândara,
Zona industrial, 65 - Apartado 49 |
|
Locality |
CORTEGACA |
|
Postal Code |
3886-908-CORTEGACA
OVR |
|
Municipality |
OVAR |
|
District |
AVEIRO |
|
Telephone |
256790120 |
|
Fax |
256790128 |
|
E-Mail |
|
|
Web Site |
|
|
|
|
|
C.A.E.(Rev 3) |
13930-
Manufacture of carpets and rugs |
Summary
|
Legal Form |
Private Limited
Company |
|
Constitution |
10-02-1971 |
|
V.A.T. Number /
NIF |
500238189 |
|
Employees |
75 |
|
Capital |
1.000.000,00 |
|
Sales in :
31-12-2011 |
9.341.566,35 |
|
Shareholders
Funds in: 31-12-2011 |
4.304.831,10 |
|
Credit Risk
Level |
Reduced Credit
Risk |
|
Credit Limit |
249.399,00 |
|
Payments |
Good |
|
Credit
Recommendation |
Credit Worthy |
|
Actual Condition
|
In activity |
Financial Highlights
|
|
31-12-2009 |
|
31-12-2010 |
|
31-12-2011 |
|
Net Sales |
7.241.293,74 |
|
10.232.845,28 |
|
9.341.566,35 |
|
Net Income For
the Year |
38.101,00 |
|
(417.260,34) |
|
44.646,87 |
|
Shareholders
Funds |
2.386.739,89 |
|
2.186.576,32 |
|
4.304.831,10 |
|
Stocks |
3.411.746,62 |
|
3.670.536,25 |
|
4.650.282,34 |
|
LIABILITY |
6.484.414,12 |
|
9.568.699,42 |
|
9.774.904,21 |
|
ASSETS |
8.871.154,01 |
|
11.755.275,74 |
|
14.079.735,31 |
Business Concept
|
Consulted
sources say that the subject has been respecting its payments and commercial commitments,
so credit connections with this company are recommended. |
All the amounts
are express in Euros, otherwise you will be advised
Management Bodies
|
ACACIO DE
OLIVEIRA COELHO |
Manager |
|
PAULO ILIDIO
ALBERGARIA COELHO |
Managing-Partner
|
|
ANTONIO PEDRO
ALBERGARIA COELHO |
Managing-Partner
|
|
ALICE MARIA
ALBERGARIA COELHO MARQUES DA SILVA |
Managing-Partner
|
|
ANA SOFIA
ALBERGARIA COELHO |
Managing-Partner
|
Gráficos de Análise Sectorial
Rating Dinam - Sector Comparison
Sales - Sector Comparison
Level Risk - Sectoral Analysis
Legal Structure
|
Registered on the Register Record Office
of Ovar with the Register Number 500238189 previous number 350 in 24-03-1971 |
|
Constitution celebrated in 10-02-1971
published on Diário da República number 55 of 06-03-1971 |
|
To oblige the company it is necessary 2
signature |
|
Changes to Society |
|
In 26-11-2010 on Portal MJ of 16-12-2010
increase of capital Clique para ver detalhes para 1.000.000 €
e alteraçăo de geręncia
|
|
In 10-05-2007 on Portal MJ of 10-05-2007
increase of capital Clique para ver detalhes para 800.000 €
|
|
In 13-02-2004 on Diário da República
number 86 of 12-04-2004 manager change |
|
In 20-06-1997 on Diário da República
number 173 of 29-07-1997 manager change |
|
In 01-07-1994 on Diário da República
number 256 of 05-11-1994 manager change |
Capital
|
The Capital is 1.000.000,00 |
|
|
with the following distribution |
|
PAULO ILIDIO ALBERGARIA COELHO |
250.000,00 |
25% |
|
ANTONIO PEDRO ALBERGARIA COELHO |
250.000,00 |
25% |
|
ALICE MARIA ALBERGARIA COELHO MARQUES DA
SILVA |
250.000,00 |
25% |
|
ANA SOFIA ALBERGARIA COELHO |
250.000,00 |
25% |
Biographies
|
|
|
|
Name |
Dr. ACACIO DE OLIVEIRA COELHO |
|
Function |
Manager |
|
Address |
Travessa de Gias, 79 |
|
Locality |
CORTEGACA |
|
Birth Date |
1936 |
|
Naturality |
Ovar |
|
Civil State |
Married |
|
Consort |
Maria Alice Marques Albergaria Coelho |
|
Previous Connections |
Foi sócio das firma Conceiçăo &
Companhia Lda e Anarria-Comércio e Indústria Importaçăo e Exportaçăo Lda,
COELHO IRMAOS LDA |
|
Professional Connections |
The subject has connections with the
following company (ies) |
|
|
INFANTIA-PRODUTOS PARA CRIANCAS LDA as
Manager . |
|
|
ACACIO COELHO & COMPANHIA LDA as
Partner with a participation of 5.000,00 , in a capital of 35.000,00 . |
|
|
SOCIEDADE DE CONFECCOES REBELDE LDA as Partner
with a participation of 36.000,00 , in a capital of 252.000,00 . |
|
|
|
|
Name |
PAULO ILIDIO ALBERGARIA COELHO |
|
Function |
Managing-Partner |
|
Address |
Travessa Gias, 79/87 |
|
Locality |
CORTEGACA |
|
Birth Date |
04-05-1963 |
|
Civil State |
Married |
|
Consort |
Marilia Silva Soares Ferreira Coelho |
|
Previous Connections |
O titular foi sócio da firma
Anarria-Comércio e Indústria Importaçăo e Exportaçăo Lda. |
|
Professional Connections |
The subject has connections with the following
company (ies) |
|
|
INFANTIA-PRODUTOS PARA CRIANCAS LDA as
Manager . |
|
|
ACACIO COELHO & COMPANHIA LDA as
Partner with a participation of 5.000,00 , in a capital of 35.000,00 . |
|
|
SOCIEDADE DE CONFECCOES REBELDE LDA as Partner
with a participation of 36.000,00 , in a capital of 252.000,00 . |
|
|
|
|
Name |
ANTONIO PEDRO ALBERGARIA COELHO |
|
Function |
Managing-Partner |
|
Address |
Travessa das Gias, 79/87 |
|
Locality |
CORTEGACA |
|
Birth Date |
04-07-1966 |
|
Naturality |
Ovar |
|
Civil State |
Married |
|
Consort |
Paula Manuela Oliveira Cardoso Coelho |
|
Previous Connections |
O titular foi sócio da firma
Anarria-Comércio e Indústria Importaçăo e Exportaçăo Lda. |
|
Professional Connections |
The subject has connections with the
following company (ies) |
|
|
ACACIO COELHO & COMPANHIA LDA as
Partner with a participation of 5.000,00 , in a capital of 35.000,00 . |
|
|
SOCIEDADE DE CONFECCOES REBELDE LDA as
Partner with a participation of 36.000,00 , in a capital of 252.000,00 . |
|
|
INFANTIA-PRODUTOS PARA CRIANCAS LDA as
Manager . |
|
|
|
|
Name |
ALICE MARIA ALBERGARIA COELHO MARQUES DA
SILVA |
|
Function |
Managing-Partner |
|
Address |
Travessa de Gias, 79/87 |
|
Locality |
CORTEGACA |
|
Birth Date |
1959 |
|
Civil State |
Married |
|
Consort |
Manuel Domingues Marques da Silva |
|
Previous Connections |
O titular foi sócio da firma
Anarria-Comércio e Indústria Importaçăo e Exportaçăo Lda. |
|
Professional Connections |
The subject has connections with the
following company (ies) |
|
|
INFANTIA-PRODUTOS PARA CRIANCAS LDA as
Manager . |
|
|
SOCIEDADE DE CONFECCOES REBELDE LDA as
Partner with a participation of 36.000,00 , in a capital of 252.000,00 . |
|
|
ACACIO COELHO & COMPANHIA LDA as
Partner with a participation of 5.000,00 , in a capital of 35.000,00 . |
|
|
|
|
Name |
ANA SOFIA ALBERGARIA COELHO |
|
Function |
Managing-Partner |
|
Address |
Travessa das Gias, 79/87 |
|
Locality |
CORTEGACA |
|
Birth Date |
1971 |
|
Civil State |
Married |
|
Consort |
Rui Pedro Ferreira da Silva |
|
Professional Connections |
The subject has connections with the
following company (ies) |
|
|
ACACIO COELHO & COMPANHIA LDA as Partner
with a participation of 5.000,00 , in a capital of 35.000,00 . |
|
|
INFANTIA-PRODUTOS PARA CRIANCAS LDA as
Manager . |
|
|
SOCIEDADE DE CONFECCOES REBELDE LDA as
Managing-Partner with a participation of 36.000,00 , in a capital of
252.000,00 . |
Activities
|
Line of Business |
Percentage |
|
Desenvolver, produzir e comercializar
soluçőes tęxteis de revestimento (relva artificial) (Develop, manufacture and market textile coating
solutions (artificial turf)) |
100% |
|
Type of Clients |
Retailers/Wholesalers/Private Companies |
|
|
|
Sales Conditions |
Cash/credit |
|
|
|
Imports from |
CHINA, REPUBLICA
POPULAR,GRECIA,INDIA,ESPANHA,BELGICA |
|
|
|
Exports to |
ESPANHA,REINO UNIDO |
|
|
|
Trade Marks |
|
Safina |
Banks and Financial Institutions
|
BANIF - BANCO INTERNACIONAL DO FUNCHAL, SA |
Săo Joăo da Madeira |
|
CAIXA GERAL DE DEPOSITOS, SA |
Ovar |
|
BANCO SANTANDER TOTTA SA |
Cortegaça |
|
MILLENNIUM BCP |
Espinho |
|
BANCO POPULAR PORTUGAL SA |
Cortegaça |
|
BANCO BPI, SA |
Săo Joăo da Madeira |
Incidents
|
Legal Actions |
|
Date |
Process |
Author |
Type |
Amount |
Judicial District |
Court |
Situation |
|
|
1381/08.3TBOVR |
|
Ordinária |
429.391,65 |
Comarca do Baixo Vouga-Juízos de Aveiro |
|
|
05-04-2009
EDP Serviço Universal, S. A.
Employees
Total 75
Insurance
Tranquilidade
Seguros SA
Lusitania
Companhia Seguros SA
Head Office and Installations
Head office,
warehouse and factory owned Travessa da Gândara, Zona industrial, 65 - Apartado
49, CORTEGACA, 3886-908, CORTEGACA OVR, Tel:256790120, Fax:256790128
Special Information
|
Event |
General Description |
|
Quality Certification |
A titular é uma empresa certificada pela
norma ISO 9001:2000. |
Financial Demonstration SNC
|
Balance Sheet SNC |
||
|
CoinEURO |
|
Date31-12-2011 |
|
|
||
|
Closing Date |
31-12-2011 |
31-12-2010 |
31-12-2009 |
Variaçăo (%) |
|
|
|
|||
|
ASSET |
|
|||
|
|
|
|
|
|
|
Non-current assets |
|
|||
|
Tangible fixed assets |
5.974.970,16 |
3.611.116,25 |
1.985.796,27 |
65,46 |
|
Investment properties |
86.500,00 |
86.500,00 |
4.813,40 |
|
|
Other financial assets |
29.100,00 |
25.100,00 |
20.100,00 |
15,94 |
|
Deferred tax assets |
155.513,42 |
185.701,88 |
|
(16,26) |
|
Total |
6.246.083,58 |
3.908.418,13 |
2.010.709,67 |
59,81 |
|
|
|
|
|
|
|
Current assets |
|
|
||
|
Inventories |
4.650.282,34 |
3.670.536,25 |
3.411.746,62 |
26,69 |
|
Costumers |
2.824.097,31 |
3.350.538,54 |
2.982.369,38 |
(15,71) |
|
Advances to suppliers |
|
40.157,00 |
30.696,56 |
|
|
State and other public entities |
128.102,19 |
272.445,90 |
28.745,38 |
(52,98) |
|
Other accounts receivable |
205.122,76 |
161.162,39 |
20.051,63 |
27,28 |
|
Deferrals |
22.431,88 |
74.968,01 |
57.909,09 |
(70,08) |
|
Financial assets held for trading |
2.110,00 |
2.580,00 |
2.855,10 |
(18,22) |
|
Cashier and bank deposits |
1.505,25 |
274.469,52 |
326.070,58 |
(99,45) |
|
Total |
7.833.651,73 |
7.846.857,61 |
6.860.444,34 |
(0,17) |
|
TOTAL ASSET |
14.079.735,31 |
11.755.275,74 |
8.871.154,01 |
19,77 |
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS AND LIABILITIES |
|
|
||
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS |
|
|
||
|
Capital |
1.000.000,00 |
1.000.000,00 |
800.000,00 |
|
|
Legal reserves |
67.000,00 |
67.000,00 |
65.000,00 |
|
|
Other reserves |
1.052.459,00 |
1.052.459,00 |
1.016.358,00 |
|
|
Net retained |
(137.302,57) |
279.957,77 |
244.292,62 |
(149,04) |
|
Revaluation surplus |
2.230.427,52 |
156.819,61 |
175.387,99 |
1.322,29 |
|
Other shareholders funds changes |
47.600,28 |
47.600,28 |
47.600,28 |
|
|
Total |
4.260.184,23 |
2.603.836,66 |
2.348.638,89 |
63,61 |
|
Net income for the period |
44.646,87 |
(417.260,34) |
38.101,00 |
(110,70) |
|
TOTAL OF SHAREHOLDERS FUNDS |
4.304.831,10 |
2.186.576,32 |
2.386.739,89 |
96,88 |
|
|
|
|
|
|
|
LIABILITY |
|
|
||
|
|
|
|
|
|
|
Non-current liiabilities |
|
|
||
|
Financing obtained |
4.099.068,66 |
3.732.836,60 |
2.076.235,38 |
9,81 |
|
Diferred taxes liabilities |
2.118,23 |
3.487,29 |
5.688,91 |
(39,26) |
|
Total |
4.101.186,89 |
3.736.323,89 |
2.081.924,29 |
9,77 |
|
|
|
|
|
|
|
Current liabilities |
|
|
||
|
Suppliers |
1.471.556,16 |
2.014.346,38 |
1.034.516,24 |
(26,95) |
|
State and other public entities |
48.054,45 |
41.529,55 |
42.037,38 |
15,71 |
|
Financing obtained |
3.910.562,86 |
3.546.119,05 |
3.160.742,21 |
10,28 |
|
Other payable accounts |
243.543,85 |
230.380,55 |
165.194,00 |
5,71 |
|
Total |
5.673.717,32 |
5.832.375,53 |
4.402.489,83 |
(2,72) |
|
TOTAL LIABILITIES |
9.774.904,21 |
9.568.699,42 |
6.484.414,12 |
2,15 |
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
14.079.735,31 |
11.755.275,74 |
8.871.154,01 |
19,77 |
|
|
|
|
|
|
|
INCOME STATEMENT |
|
|
||
|
|
|
|
|
|
|
INCOME AND EXPENSES |
|
|
||
|
Sales and services |
9.341.566,35 |
10.232.845,28 |
7.241.293,74 |
(8,71) |
|
Variation in production inventories |
705.332,28 |
(206.340,42) |
85.459,34 |
(441,83) |
|
Cost of goods sold and materials consumed |
6.421.095,61 |
6.726.201,03 |
4.698.601,74 |
(4,54) |
|
Suppliers and external services |
1.714.795,22 |
1.708.495,28 |
1.180.194,40 |
0,37 |
|
Personnel costs |
919.693,98 |
965.906,63 |
835.458,87 |
(4,78) |
|
Impairment of receivables
(losses/revearsals) |
42.621,68 |
731.787,01 |
41.188,29 |
(94,18) |
|
Increases/decreases in fair value |
|
81.411,50 |
|
|
|
Other income and gains |
55.829,97 |
142.632,09 |
62.833,71 |
(60,86) |
|
Other expenses and losses |
143.289,62 |
179.180,92 |
110.430,85 |
(20,03) |
|
Result before depreciation, financing
costs and taxes |
861.232,49 |
(61.022,42) |
523.712,64 |
(1.511,34) |
|
Expenses/reversals of depreciation and
amortization |
490.627,14 |
330.636,43 |
297.761,53 |
48,39 |
|
Operating result (before financing costs
and taxes) |
370.605,35 |
(391.658,85) |
225.951,11 |
(194,62) |
|
Interest and similar income obtained |
56.384,53 |
192,21 |
372,24 |
29.234,86 |
|
interest and similar expenses incurred |
349.984,86 |
194.465,68 |
169.583,43 |
79,97 |
|
Net before taxes |
77.005,02 |
(585.932,32) |
56.739,92 |
(113,14) |
|
Income tax of the period |
32.358,15 |
(168.671,98) |
18.638,92 |
(119,18) |
|
Net profit for the period |
44.646,87 |
(417.260,34) |
38.101,00 |
(110,70) |
RATIOS SNC
|
Closing Date |
31-12-2011 |
31-12-2010 |
31-12-2009 |
|
|
TURNOVER RATIOS |
|
|||
|
Shareholder's Funds Profitability |
0,01 |
(0,191) |
0,016 |
|
|
Assets Profitability |
0,026 |
(0,033) |
0,025 |
|
|
Sales Net Profitability |
0,005 |
(0,041) |
0,005 |
|
|
|
|
|
|
|
|
EFFICIENCY RATIOS |
|
|
||
|
Medium Term Receivable |
110,345 |
119,512 |
150,327 |
|
|
Asset Rotation |
0,663 |
0,87 |
0,816 |
|
|
|
|
|
|
|
|
PRODUCTIVITY RATIOS |
|
|
||
|
Productivity |
3,175 |
3,63 |
3,043 |
|
|
|
|
|
|
|
|
SHORT TERM RATIOS |
|
|
||
|
General Liquidity |
1,381 |
1,345 |
1,558 |
|
|
Reduced Liquidity |
0,561 |
0,716 |
0,783 |
|
|
Immediate Liquidity |
|
0,047 |
0,074 |
|
|
|
|
|
|
|
|
MEDIUM LONG TERM RATIOS |
|
|
||
|
Financial Autonomy |
0,306 |
0,186 |
0,269 |
|
|
Solvability |
0,44 |
0,229 |
0,368 |
|
|
Borrowed Capital Structure |
0,58 |
0,61 |
0,679 |
|
|
General Debt |
1,861 |
3,329 |
2,194 |
|
|
Medium Long Term Debt |
0,952 |
1,707 |
0,87 |
|
|
Debt Structure |
0,58 |
0,61 |
0,679 |
|
|
Capital Structure |
1,05 |
0,585 |
1,146 |
|
|
|
|
|
|
|
|
Operational and Financial Risk |
|
|
||
|
Operational Leverage Level |
7,88 |
(8,953) |
11,253 |
|
|
Financial Leverage Level |
4,813 |
0,668 |
3,982 |
|
|
Combined Leverage Level |
37,926 |
(5,981) |
44,809 |
|
Financial Elements
|
|
31-12-2009 |
|
|
Intangible Assets |
64.516,00 |
|
|
Tangible Assets |
1.985.796,00 |
|
|
Investments |
20.100,00 |
|
|
Stocks |
3.411.747,00 |
|
|
Short Term Receivable |
2.250.060,00 |
|
|
Trading Securities |
2.855,00 |
|
|
Banks and Cash |
326.071,00 |
|
|
Accruals and Deferrals |
61.952,00 |
|
|
Total Assets |
8.123.097,00 |
|
|
Shareholder's Funds |
2.446.443,00 |
|
|
Medium and Long Term Payable |
2.076.235,00 |
|
|
Short Term Payable |
3.455.900,00 |
|
|
Accruals and Deferrals |
144.518,00 |
|
|
Total Liabilities and Shareholder's Funds |
8.123.096,00 |
|
|
Cost of Goods and Consumable Materials |
4.698.602,00 |
|
|
Outside Supplies and Services |
1.170.262,00 |
|
|
Personnel Costs |
835.459,00 |
|
|
Sales |
7.241.294,00 |
|
Comparatives POC
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
|
Net Sales |
4.941.528,00 |
5.703.741,00 |
7.241.294,00 |
|
Net Income For the Year |
18.756,00 |
36.166,00 |
38.101,00 |
|
Current Assets |
4.909.508,00 |
5.464.257,00 |
6.052.685,00 |
|
Short Term Payables |
2.187.481,00 |
3.834.519,00 |
3.455.900,00 |
|
Cash Flow |
2.722.027,00 |
1.629.738,00 |
2.596.785,00 |
|
Total Assets |
5.969.372,00 |
7.329.192,00 |
8.123.097,00 |
|
Total Liabilities |
3.597.195,00 |
4.920.851,00 |
5.676.653,00 |
|
Shareholders Funds |
2.372.176,00 |
2.408.342,00 |
2.446.443,00 |
|
Personnel Costs |
732.294,00 |
748.594,00 |
835.459,00 |
Ratios POC
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
|
FINANCIAL SITUATION |
|
|
|
|
General Liquidity |
2,24 |
1,43 |
1,75 |
|
Immediate Liquidity |
0,89 |
0,54 |
0,76 |
|
Financial Autonomy |
0,40 |
0,33 |
0,30 |
|
Solvency |
0,66 |
0,49 |
0,43 |
|
RENTABILITY |
|
|
|
|
Sales Rentability |
0,38 % |
0,63 % |
0,53 % |
|
Sales Rate Increase |
|
15,42 % |
26,96 % |
|
EFFICIĘNCY |
|
|
|
|
Assets Turnover |
0,83 |
0,78 |
0,89 |
Balance Sheet and Income Statement
|
Balance Sheet |
||
|
CoinEURO |
|
Date31-12-2009 |
|
|
||
|
|
Gross Assets |
Depreciations /
Provisions |
Net Assets |
|
Intangible Assets |
|
Subtotal |
94.326,00 |
29.810,00 |
64.516,00 |
|
Tangible Assets |
|
Subtotal |
8.354.986,00 |
6.369.190,00 |
1.985.796,00 |
|
Financial
Investments |
|
Subtotal |
20.100,00 |
|
20.100,00 |
|
Stocks |
|
Subtotal |
3.411.747,00 |
|
3.411.747,00 |
|
Short Term
Receivable |
|
Subtotal |
2.477.917,00 |
227.857,00 |
2.250.060,00 |
|
Trading
Securities |
|
Subtotal |
2.855,00 |
|
2.855,00 |
|
Bank Deposits and
Cash |
|
Cash |
3.656,00 |
|
3.656,00 |
|
Bank Deposites |
322.415,00 |
|
322.415,00 |
|
Subtotal |
326.071,00 |
|
326.071,00 |
|
Accruals and
Deferrals |
|
Accrued Income |
4.043,00 |
|
4.043,00 |
|
Deferred Cost |
57.909,00 |
|
57.909,00 |
|
Subtotal |
61.952,00 |
|
61.952,00 |
|
|
|
Total Assets |
14.749.954,00 |
6.626.857,00 |
8.123.097,00 |
|
Shareholders
Funds and Liabilities |
|
Shareholders
Funds |
|
Capital |
800.000,00 |
|
|
Treasury Stock: |
|
|
|
Reserves : |
|
|
|
Legal |
175.388,00 |
|
|
Free |
1.128.958,00 |
|
|
Net Retained |
303.995,00 |
|
|
Net Income For the Year |
38.101,00 |
|
|
Total |
2.446.443,00 |
|
|
Short Term
Payable |
|
Bank Loans |
2.234.207,00 |
|
|
Supliers Fixed Asset |
119.641,00 |
|
|
State and Other Public Bodies |
42.037,00 |
|
|
Other Creditors |
25.498,00 |
|
|
Trade Creditors |
1.034.516,00 |
|
|
Subtotal |
3.455.900,00 |
|
|
Medium and Long
Term Payable |
|
Bank Loans |
1.230.244,00 |
|
|
Adv. For Clients |
163.178,00 |
|
|
Other Loans |
682.813,00 |
|
|
Subtotal |
2.076.235,00 |
|
|
Accruals and
Deferrals |
|
Accrued Charges |
138.829,00 |
|
|
Diferred Income |
5.689,00 |
|
|
Subtotal |
144.518,00 |
|
|
TOTAL LIABILITIES |
5.676.653,00 |
|
|
TOTAL LIABILITIES AND SHAREHOLDERS FUNDS |
8.123.096,00 |
|
|
Income Statement |
|
Costs and Losses |
|
Cost of Materials Consumed and Goods Sold:
|
|
|
|
Subtotal |
4.698.602,00 |
|
|
Outside Supplies and Services |
1.170.262,00 |
|
|
Personnel Costs |
|
|
|
Subtotal |
835.459,00 |
|
|
Depreciation |
297.762,00 |
|
|
Provisions |
43.317,00 |
|
|
Subtotal |
341.079,00 |
|
|
Other Operating Costs |
7.159,00 |
|
|
Int. and Similar Costs: |
|
|
|
Subtotal |
278.180,00 |
|
|
Ext. Costs and Losses |
4.608,00 |
|
|
Taxation Over Income |
18.639,00 |
|
|
Net Income For the Year |
38.101,00 |
|
|
Income and
Profits |
|
Sales of : |
|
|
|
Products |
7.226.838,00 |
|
|
Services Provided |
14.456,00 |
|
|
Subtotal |
7.241.294,00 |
|
|
Variation in Production |
85.459,00 |
|
|
Other Operating Income and Gains |
3.486,00 |
|
|
Subtotal |
3.486,00 |
|
|
Trading Securities Income |
|
|
|
Int. and Similar Costs |
|
|
|
Other |
54.496,00 |
|
|
Extra Income and Gains |
7.352,00 |
|
|
Net Income For the Year |
38.101,00 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.99 |
|
UK Pound |
1 |
Rs.87.21 |
|
Euro |
1 |
Rs.70.22 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.