|
Report Date : |
26.09.2012 |
IDENTIFICATION DETAILS
|
Name : |
EURICOM S.P.A. |
|
|
|
|
|
|
Registered Office : |
Via Stazione, 119 27020 - Valle Lomellina (PV) |
|
|
|
|
|
|
Country : |
|
|
|
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
|
|
Date of Incorporation : |
23.07.1980 |
|
|
|
|
|
|
Com. Reg. No.: |
PV177-8258 of since 19/02/1996 |
|
|
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
|
|
Line of Business : |
Cultivation of rice |
|
|
|
|
|
|
No. of Employees : |
from 11 to 15 |
|
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
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 (31.03.2011) |
Current Rating (30.06.2012) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ITALY - ECONOMIC OVERVIEW
Italy has a diversified industrial
economy, which is divided into a developed industrial north, dominated by
private companies, and a less-developed, welfare-dependent, agricultural south,
with high unemployment. The Italian economy is driven in large part by the
manufacture of high-quality consumer goods produced by small and medium-sized
enterprises, many of them family owned. Italy also has a sizable underground
economy, which by some estimates accounts for as much as 17% of GDP. These
activities are most common within the agriculture, construction, and service
sectors. Italy is the third-largest economy in the euro-zone, but exceptionally
high public debt burdens and structural impediments to growth have rendered it
vulnerable to scrutiny by financial markets. Public debt has increased steadily
since 2007, reaching 120% of GDP in 2011, and borrowing costs on sovereign
government debt have risen to record levels. During the second half of 2011 the
government passed a series of three austerity packages to balance its budget by
2013 and decrease its public debt burden. These measures included a hike in the
value-added tax, pension reforms, and cuts to public administration. The
government also faces pressure from investors and European partners to address
Italy's long-standing structural impediments to growth, such as an inflexible
labor market and widespread tax evasion. The international financial crisis
worsened conditions in Italy''s labor market, with
unemployment rising from 6.2% in 2007 to 8.4% in 2011, but in the longer-term Italy''s low fertility rate and quota-driven immigration
policies will increasingly strain its economy. The euro-zone crisis along with
Italian austerity measures have reduced exports and domestic demand, slowing Italy''s recovery. Italy''s GDP
is still 5% below its 2007 pre-crisis level.
Source
: CIA
Euricom S.p.A.
Via Stazione, 119
27020 - Valle Lomellina (PV) -IT-
|
Fiscal Code |
: |
05897170154 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
23/07/1980 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
over 129.114.224 |
|
Number of Employees |
: |
from 11 to 15 |
Cultivation of rice
Cleaning and sorting of seeds and grains
Manufacture of irradiation, electromedical and
electrotherapeutic eq
uipment
Wholesale of grains and dried legumes
Legal Form : Joint stock company
|
Fiscal Code : 05897170154 |
|
Foreign Trade Reg. no. : PV010997 since 01/04/1993 |
|
Chamber of Commerce no. : 1049892 of |
|
Chamber of Commerce no. : 242141 of |
|
Chamber of Commerce no. : 191665 of since 17/03/1993 |
|
Chamber of Commerce no. : 128107 of since 15/10/1980 |
|
Firms' Register : PV177-8258 of since 19/02/1996 |
|
V.A.T. Code : 01514430188 |
|
Establishment date |
: 23/07/1980 |
|
|
Start of Activities |
: 23/07/1980 |
|
|
Legal duration |
: 31/12/2100 |
|
|
Nominal Capital |
: 8.492.040 |
|
|
Subscribed Capital |
: 8.492.040 |
|
|
Paid up Capital |
: 8.492.040 |
|
|
|
Francese |
Mario |
|
|
|
Born in Vercelli |
(VC) |
on 30/08/1951 |
- Fiscal Code : FRNMRA51M30L750K |
|
|
|
Residence: |
|
San Martino |
, 6 |
- 13100 |
Vercelli |
(VC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole Director |
28/06/2012 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Sempio |
Francesco Giovanni |
|
|
|
Born in Pavia |
(PV) |
on 31/03/1943 |
- Fiscal Code : SMPFNC43C31G388K |
|
|
|
Residence: |
|
Della Costituzione |
, 5 |
- 27035 |
Mede |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
02/02/2001 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Gamalerio |
Roberto |
|
|
|
Born in Mortara |
(PV) |
on 09/01/1964 |
- Fiscal Code : GMLRRT64A09F754W |
|
|
|
Residence: |
|
Della Vittoria |
, 1 |
- 27034 |
Galliavola |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
23/03/2009 |
|
|
|
|
Prejudicial events registered |
|
|
No Protests registered |
|
|
Malvisini |
Massimo |
|
|
|
Born in Mede |
(PV) |
on 23/12/1970 |
- Fiscal Code : MLVMSM70T23F080A |
|
|
|
Residence: |
|
Lambertenga |
, 3 |
- 27035 |
Mede |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
21/06/2007 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Inzaghi |
Giuseppe |
|
|
|
Born in Stradella |
(PV) |
on 16/11/1944 |
- Fiscal Code : NZGGPP44S16I968X |
|
|
|
Residence: |
|
Carcano |
, 8 |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
23/05/2005 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
*checkings have been performed on a national
scale.
In this module the companies in which members hold/held positions are
listed.
The Members of the subject firm are not reported to be Members in other
companies.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Nervi Giuseppe |
Palazzolo Vercellese - IT
- |
NRVGPP30M26G266P |
544.340 .Eur |
6,41 |
|
Sempio Francesco Giovanni |
Mede - IT - |
SMPFNC43C31G388K |
5.066.351 .Eur |
59,66 |
|
Ricefin S.r.l. |
Milano - IT - |
05242660966 |
2.881.349 .Eur |
33,93 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Societa' Di Macinazione Molini Certosa - Societa' Per Azioni |
Certosa di Pavia - IT - |
00858730153 |
1.243.972 .Eur |
99,99 |
|
|
Active |
|
Ambrogest S.p.a. |
Milano - IT - |
04738500968 |
100.000 .Eur |
4,65 |
|
|
Active |
|
Co.ri.so S.r.l. |
Confienza - IT - |
01458680186 |
775.000 .Eur |
100,00 |
|
|
Active |
|
Riseria Carlo Pigino E Figlio - S.r.l. |
Palazzolo Vercellese - IT
- |
00162330021 |
12.948 .Eur |
83,00 |
|
|
Active |
|
Curti S.r.l. |
Valle Lomellina - IT - |
01577610189 |
|
100,00 |
|
|
Active |
|
Societa' Consortile Sala Contrattazione Merci Di Mortara E Lomellina R.l. |
Mortara - IT - |
01555340189 |
25.963 .Eur |
2,93 |
|
|
Active |
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
|
Stazione |
, 119 |
- 27020 |
- Valle Lomellina |
(PV) |
- IT - |
|
|
|
|
PHONE |
: 0384797649 |
|
|
|
|
PHONE |
: 0384797657 |
|
|
|
|
PHONE |
: 0384700532 |
|
|
|
|
PHONE |
: 0161224411 |
|
|
|
|
FAX |
: 0161280031 |
|
- |
Secondary office |
|
|
|
|
|
|
Calle 5ta A |
, 4404 |
- Havana |
(EE) |
- CU - |
|
- |
Branch |
(Sales office) |
since 15/07/1989 |
|
|
|
|
|
|
Bassano |
, 13 |
- 13100 |
- Vercelli |
(VC) |
- IT - |
|
- |
Branch |
(Store) |
since 29/04/2009 |
|
|
|
|
|
|
Stazione |
, 113 |
- 27020 |
- Valle Lomellina |
(PV) |
- IT - |
|
|
|
|
PHONE |
: 0161224411 |
|
- |
Branch |
(Factory) |
since 01/09/2010 |
|
|
|
|
|
|
Del Chioso |
, 2 |
- 27020 |
- Valeggio |
(PV) |
- IT - |
|
- |
Branch |
(Store) |
since 01/09/2010 |
|
|
|
|
|
|
S. Giovanni D'oria |
, 6 |
- 27030 |
- Ottobiano |
(PV) |
- IT - |
|
- |
Branch |
(Store) |
since 01/09/2010 |
|
|
|
|
|
|
Brede |
, 3 |
- 46010 |
- San Martino Dall'Argine |
(MN) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 10/01/2004 |
|
|
|
|
|
|
Xx Settembre |
, 14/BIS |
- 13040 |
- Buronzo |
(VC) |
- IT - |
|
- |
Branch |
(office) |
since 19/12/2011 |
|
|
|
|
|
|
Robbio |
, 40 |
- 27030 |
- Confienza |
(PV) |
- IT - |
|
|
|
|
Employees |
: 15 |
|
Fittings and Equipment for a value of 170.000 |
Eur |
|
Stocks for a value of 4.950.000 |
Eur |
Trade organization: direct or by agents.
Sales area on a national scale.
|
|
Import comes generally from the following nations:
|
- Cuba |
|
- France |
|
- Germany |
|
- Great Britain |
|
- Spain |
|
- Finland |
EX-MEMBERS / EX-POSITIONS:
|
|
Trotter |
Alessandro |
|
|
|
Born in Vimercate |
(MB) |
on 09/06/1940 |
- Fiscal Code : TRTLSN40H09M052V |
|
|
|
Residence: |
|
Bergamini Alberto |
, 50 |
- 00159 |
Roma |
(RM) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Taglioretti |
Marco |
|
|
|
Born in Milano |
(MI) |
on 12/01/1960 |
- Fiscal Code : TGLMRC60A12F205N |
|
|
|
Residence: |
|
Battisti |
, 2 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Venegoni |
Fabio Maria |
|
|
|
Born in Milano |
(MI) |
on 05/05/1963 |
- Fiscal Code : VNGFMR63E05E801L |
|
|
|
Residence: |
|
Panzini Alfredo |
, 12 |
- 20145 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Bosi |
Maria Elena |
|
|
|
Born in Lucca |
(LU) |
on 09/02/1970 |
- Fiscal Code : BSOMLN70B49E715F |
|
|
|
Residence: |
|
N.sauro |
, 118 |
- 55100 |
Lucca |
(LU) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
|
|
Mori' |
Paola |
|
|
|
Born in COMO |
(CO) |
on 24/10/1969 |
- Fiscal Code : MROPLA69R64C933P |
|
|
|
Residence: |
|
Fittavolo |
, 9 |
- 22020 |
San Fermo della Battaglia |
(CO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
RUZZI |
MARIA LUISA |
|
|
|
Born in TROMELLO |
(PV) |
on 28/11/1951 |
- Fiscal Code : RZZMLS51S68L449E |
|
|
|
Residence: |
|
COLOMBO |
, 16 |
- 27020 |
Tromello |
(PV) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
|
|
Ojeda Lopez |
Jose' Manuel |
|
|
|
Born in Almeria |
( ) |
on 31/12/1957 |
|
|
|
Residence: |
C/hernan Cortes 28 Pta
4 46004 |
Valencia |
- ES - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Euricom Hellas S.a. |
|
|
|
|
Ex-Postions |
|
Procurator |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of merging by taking over of |
|
|
|
Mangimi del Dott. Sacchi S.r.l. |
|
|
|
Cascina San Giovanni |
, 27030 |
, Ottobiano (PV) |
- IT - |
|
|
|
Fiscal Code: 01124680180 |
|
|
|
Date |
Merging/splitting-up project: |
29/06/2007 |
|
|
The firm absorbed by merging of |
|
|
|
Mangimi del Dott. Sacchi S.r.l. |
|
|
|
Cascina San Giovanni |
, 27030 |
, Ottobiano (PV) |
- IT - |
|
|
|
Fiscal Code: 01124680180 |
|
|
|
Date |
: |
06/09/2007 |
|
|
The firm absorbed by merging of |
|
|
|
Mangimi del Dott. Sacchi S.r.l. |
|
|
|
Cascina San Giovanni |
, 27030 |
, Ottobiano (PV) |
- IT - |
|
|
|
Fiscal Code: 01124680180 |
|
|
|
Date |
: |
29/11/2007 |
|
|
Project of merging by taking over of |
|
|
|
Agricola Castello - S.r.l. |
|
|
|
|
Boragno |
, 27034 |
, Lomello |
(PV) |
- IT - |
|
|
|
Fiscal Code: 00640260188 |
|
|
|
Date |
Merging/splitting-up project: |
25/11/2008 |
|
|
The firm absorbed by merging of |
|
|
|
Agricola Castello - S.r.l. |
|
|
|
|
Boragno |
, 27034 |
, Lomello |
(PV) |
- IT - |
|
|
|
Fiscal Code: 00640260188 |
|
|
|
Date |
: |
18/12/2008 |
|
|
The firm absorbed by merging of |
|
|
|
Agricola Castello - S.r.l. |
|
|
|
|
Boragno |
, 27034 |
, Lomello |
(PV) |
- IT - |
|
|
|
Fiscal Code: 00640260188 |
|
|
|
Date |
: |
01/04/2009 |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
|
|
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official
Publications.
Company's starting of activities dates back to 1980.
An eco-fin analysis has been made on the base od
the b/s fo the years 2009, 2010 and 2011.
During the last years, it achieved profits (r.o.e.
10,38% on 2011) with an increase in 2011 (+33,63%).
The operating result was positive in the last financial year (4,82%) and
reflects the field's average.
The amount of the operating result for the year 2011 is of Eur. 5.672.798 with an increase of 45,5% if the compared to
the previous financial year.
The G.O.M. amounted to Eur. 6.485.530 showing
an upward trend if compared to 2010.
The analysis shows a fair financial position as the indebtedness volume
is acceptable (2,47) yet on the increase as against the previous accounting
period.
It's shareholders funds amount to Eur.
28.790.283 on stable levels.
In the year 2011 total debts amounted to Eur.
85.937.971 , a more or less stable value.
Bank borrowings' volume is slightly high but the recourse to suppliers'
credit is modest below field's average.
The management determines a good range of liquidity.
As to due from customers, the average terms are 86,19 days. , within the
sector's average.
2011 financial year closed with a cash flow of Eur.
3.802.598
Labour cost amounts to Eur.
906.501, with a 0,53% incidence on production costs. and a 0,52% incidence on
sales volumes.
The financial management is positive as incomes are higher than the
charges.
|
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
175.022.934 |
|
Profit (Loss) for the period |
2.989.866 |
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
130.973.401 |
|
Profit (Loss) for the period |
1.618.539 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
151.192.939 |
|
Profit (Loss) for the period |
2.657.063 |
|
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
197.134.717 |
|
Profit (Loss) for the period |
3.346.445 |
|
|
|
Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
122.698.153 |
|
Profit (Loss) for the period |
489.926 |
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2011 - 12 Mesi -
Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2010 - 12 Mesi -
Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2009 - 12 Mesi -
Currency: - Amounts x 1 |
|
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|
|
RATIOS |
Value Type |
as at 31/12/2011 |
as at 31/12/2010 |
as at 31/12/2009 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,32 |
0,39 |
0,37 |
0,11 |
|
Elasticity Ratio |
Units |
0,68 |
0,61 |
0,63 |
0,87 |
|
Availability of stock |
Units |
0,04 |
0,02 |
0,02 |
0,17 |
|
Total Liquidity Ratio |
Units |
0,63 |
0,58 |
0,61 |
0,61 |
|
Quick Ratio |
Units |
0,06 |
0,07 |
0,08 |
0,03 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
2,47 |
2,17 |
3,09 |
3,90 |
|
Self Financing Ratio |
Units |
0,24 |
0,26 |
0,22 |
0,17 |
|
Capital protection Ratio |
Units |
0,60 |
0,62 |
0,57 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,15 |
0,23 |
0,08 |
0,09 |
|
Financing |
Units |
2,98 |
2,82 |
3,40 |
4,57 |
|
Permanent Indebtedness Ratio |
Units |
0,34 |
0,39 |
0,28 |
0,28 |
|
M/L term Debts Ratio |
Units |
0,10 |
0,13 |
0,05 |
0,06 |
|
Net Financial Indebtedness Ratio |
Units |
1,93 |
1,76 |
2,31 |
0,96 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,06 |
0,99 |
0,76 |
2,10 |
|
Current ratio |
Units |
1,06 |
1,03 |
0,89 |
1,13 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,00 |
0,99 |
0,85 |
0,86 |
|
Structure's primary quotient |
Units |
0,76 |
0,65 |
0,61 |
1,34 |
|
Treasury's primary quotient |
Units |
0,10 |
0,11 |
0,11 |
0,05 |
|
Rate of indebtedness ( Leverage ) |
% |
408,88 |
390,57 |
446,32 |
587,66 |
|
Current Capital ( net ) |
Value |
4.789.951 |
1.621.701 |
-9.070.536 |
135.886 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
2,17 |
1,82 |
2,30 |
1,61 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
10,38 |
6,04 |
10,37 |
5,01 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
18,15 |
12,93 |
16,19 |
13,67 |
|
Return on Investment ( R.O.I. ) |
% |
4,82 |
3,72 |
2,82 |
4,30 |
|
Return/ Sales |
% |
3,24 |
2,98 |
2,13 |
2,39 |
|
Extra Management revenues/charges incid. |
% |
52,71 |
41,51 |
82,43 |
27,17 |
|
Cash Flow |
Value |
3.802.598 |
2.383.159 |
3.482.289 |
47.597 |
|
Operating Profit |
Value |
5.672.798 |
3.898.773 |
3.223.280 |
71.380 |
|
Gross Operating Margin |
Value |
6.485.530 |
4.663.393 |
4.048.506 |
124.518 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
86,19 |
100,65 |
112,09 |
90,43 |
|
Debts to suppliers average term |
Days |
46,49 |
64,49 |
59,85 |
76,51 |
|
Average stock waiting period |
Days |
10,17 |
5,96 |
6,80 |
37,27 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,49 |
1,25 |
1,32 |
1,64 |
|
Rate of stock return |
Units |
35,39 |
60,42 |
52,94 |
9,56 |
|
Labour cost incidence |
% |
0,52 |
0,75 |
0,69 |
4,81 |
|
Net financial revenues/ charges incidence |
% |
1,05 |
1,90 |
0,75 |
-0,99 |
|
Labour cost on purchasing expenses |
% |
0,53 |
0,77 |
0,70 |
4,83 |
|
Short-term financing charges |
% |
2,87 |
2,78 |
3,34 |
2,90 |
|
Capital on hand |
% |
67,26 |
79,92 |
75,67 |
60,86 |
|
Sales pro employee |
Value |
7.609.692 |
5.037.438 |
5.815.113 |
686.413 |
|
Labour cost pro employee |
Value |
39.413 |
37.712 |
39.953 |
33.271 |
Our Company collects data from public registers, lists, archives or contained
in Acts and/or documents (held by the National Chamber of Commerce or Immovables Territorial Agency), users, reporters or however
generally accessible (for example, from categorical lists, statistical
institutes, press reports and from public inspection internet sites).
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.53 |
|
|
1 |
Rs.86.82 |
|
Euro |
1 |
Rs.69.03 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.