MIRA
INFORM REPORT
|
Report Date : |
23.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
TROVELS SA |
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Registered Office : |
Calle Mexic, 9, 08205 Sabadell Barcelona |
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Country : |
Spain |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
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No. of Employees : |
22 |
RATING & COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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 June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Spain |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
spain ECONOMIC OVERVIEW
After almost 15
years of above average GDP growth, the Spanish economy began to slow in late
2007 and entered into a recession in the second quarter of 2008. GDP contracted
by 3.7% in 2009, ending a 16-year growth trend, and by another 0.3% in 2010;
GDP expanded 0.4% in 2011, before contracting 1.4% in 2012. The economy has
once again fallen into recession as deleveraging in the private sector, fiscal
consolidation, and continued high unemployment weigh on domestic demand and
investment, even as exports have shown signs of resiliency. The unemployment
rate rose from a low of about 8% in 2007 to 26.0% in 2012. The economic
downturn has also hurt Spain's public finances. The government budget deficit
peaked at 11.2% of GDP in 2010 and the process to reduce this imbalance has
been slow despite the central government's efforts to raise new tax revenue and
cut spending. Spain reduced its budget deficit to 9.4% of GDP in 2011, and
roughly 7.4% of GDP in 2012, above the 6.3% target negotiated between Spain and
the EU. Although Spain's large budget deficit and poor economic growth
prospects remain a source of concern for foreign investors, the government's
ongoing efforts to cut spending and introduce flexibility into the labor
markets are intended to assuage these concerns. The government is also taking
steps to shore up the banking system, namely by using up to $130 billion in EU
funds to recapitalize struggling banks exposed to the collapsed domestic
construction and real estate sectors.
|
Source : CIA |
company name
TROVELS SA
CIF/NIF: A08256745
Company situation: Active
Answer to the data
in your request
The data of your request have been confirmed and are correct.
Cif / Nif
The NIF/CIF provided is registered as IVA (Added Value Tax) operator in
the database of the Tax Office
EXECUTIVE SUMMARY
Identification
Current Business Name: TROVELS SA
Other names: YES
Current Address: CALLE MEXIC, 9
Branches: 2
Telephone number: 937120555 Fax: 937108905
URL: www.trovels.com
Corporate e-mail: trovels-gerry@trovels.com
Financial
Information
Latest sales known (2013): 6.740.000,81
(Forecast)
Balance sheet latest sales (2011): 6.735.958,64 (Mercantile Register)
Result: -147.118,84
Total Assets: 4.567.068,42
Share capital: 324.540,00
Employees: 22
Listed on a Stock Exchange: NO
Commercial
Information
Incorporation date: 15/07/1969
Activity: Textile confection: mass production
NACE 2009 CODE: 1419
International Operations: Imports and
Exports
Corporate
Structure
Joint and Several Administrator:
PERMANYER
ANDREVI, JOSEP ORIOL
Parent Company:
Other
Complementary Information
Latest filed accounts in the Mercantile Register: 2011
Latest act published in BORME: 14/11/2012 Officially cancelling
of an appointment
Latest press article: 07/10/1995 LA
VANGUARDIA (LEGAL ANNOUNCEMENTS)
Bank Entities: There are
The date when this report was last updated is 19/04/2013.
The information contained in this report has been investigated and
contrasted on 19/04/2013
Financial
situation
|
Exercise:2011 |
Evolution |
|||
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Immediate
liquidity |
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Degraded |
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Indebtedness |
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Slight |
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Profitability |
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Unfavourable |
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Soundness |
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Excellent |
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Performance
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Incidents |
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None or Negligible |
|
Business Trajectory |
|
Superior |
Rating Explanation
Financial situation
The companys financial situation is normal.
The companys financial situation evolution has
been stable.
The sales evolution has been positive
not the results one, which has been negative.
The auditors opinion about the latest accounts has
been favourable.
Company Structure
The companys capitalization degree determines that
its structure is normal.
The companys size is small depending on
its sales volume.
The employees evolution has been negative.
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 |
|
30/11/2012 |
Reduction |
10 |
There has been a change in the formula version. |
|
03/09/2012 |
Reduction |
13 |
New financial statements have been uploaded. |
|
26/09/2011 |
Increase |
17 |
New financial statements have been uploaded. |
INCIDENTS
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: No administrative claims registered
AFFECTED BY: No significant element.
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
18/04/2013 08:04:47
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
Figures given in
|
|
31/12/2011 (12) BALANCE SHEET |
% ASSETS |
31/12/2010 (12) BALANCE SHEET |
% ASSETS |
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
679.589,53 |
14,88 |
338.958,60 |
9,47 |
333.475,79 |
9,53 |
|
B) CURRENT ASSETS |
3.887.478,89 |
85,12 |
3.239.050,42 |
90,53 |
3.164.207,01 |
90,47 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
2.302.779,87 |
50,42 |
2.305.658,71 |
64,44 |
2.295.018,35 |
65,62 |
|
B) NON CURRENT LIABILITIES |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
2.264.288,55 |
49,58 |
1.272.350,31 |
35,56 |
1.202.664,45 |
34,38 |
Profit and loss account
analysis
Figures given in
|
|
2013 FORECAST |
2012 ESTIMATED |
31/12/2011 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2010 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
6.740.000,81 |
6.979.000,00 |
6.735.958,64 |
|
6.465.399,05 |
|
|
GROSS MARGIN |
|
|
1.797.979,56 |
26,69 |
1.873.182,90 |
28,97 |
|
EBITDA |
|
|
-1.929,91 |
-0,03 |
175.124,61 |
2,71 |
|
EBIT |
|
|
-83.880,49 |
-1,25 |
89.224,57 |
1,38 |
|
NET RESULT |
|
|
-147.118,84 |
-2,18 |
10.640,36 |
0,16 |
|
EFFECTIVE TAX RATE (%) |
|
|
-25,00 |
0,00 |
25,00 |
0,00 |
COMPARATIVE SECTOR ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
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BALANCE SHEET ANALYSIS: % on the total
assets |
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ASSETS |
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|
|||
|
A) NON CURRENT ASSETS |
14,88 |
38,27 |
-23,39 |
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A) CURRENT ASSETS |
85,12 |
61,73 |
23,39 |
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LIABILITIES |
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|||
|
A) NET WORTH |
50,42 |
41,17 |
9,25 |
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|
|
|
B) NON CURRENT LIABILITIES |
|
19,60 |
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|
|
|
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C) CURRENT LIABILITIES |
49,58 |
39,23 |
10,35 |
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COMPANY (2011) |
SECTOR |
DIFFERENCE |
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PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
|
|
|
|
SALES |
100,00 |
98,72 |
1,28 |
|
|
|
|
|
GROSS MARGIN |
26,69 |
41,47 |
-14,78 |
|
|
|
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EBITDA |
-0,03 |
5,91 |
-5,94 |
|
|
|
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EBIT |
-1,25 |
3,41 |
-4,66 |
|
|
|
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NET RESULT |
-2,18 |
1,66 |
-3,84 |
|
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Sector Composition
Compared sector (NACE 2009): 1419
Number of companies: 37
Size (sales figure): 2,800,000.00 - 7,000,000.00 Euros
OTHER DATA FROM THE ANNUAL FINANCIAL REPORT
Results
Distribution
Source: annual financial report 2011
Figures given in
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account Balance |
-147.118,84 |
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 |
0,00 |
|
Total of Amounts to be distributed |
-147.118,84 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
-147.118,84 |
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|
Application total |
-147.118,84 |
Auditing
Source: filing of annual financial statement 2011
Auditors opinion: FAVOURABLE
Auditor: MONCUNILL AUDITORS SL
Auditing fees: 7.748,00
Facts subsequent
to the closing
Source: Annual financial report 2011
After the closure no relevant facts requiring their inclusion in the
annual accounts have taken place.
company ADDRESSES
Current Legal Seat Address:
CALLE MEXIC, 9
08205 SABADELL BARCELONA
Previous Seat Address:
CALLE JOAQUIM BLUME 20 - 22
08205 SABADELL
BARCELONA
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
CALLE BALDRICH, 80 |
08221 |
TERRASSA |
Barcelona |
|
RAMBLA CATALUNYA, 68 |
08007 |
BARCELONA |
Barcelona |
There are 2 branches registered
CORPORATE STRUCTURE
ADMINISTRATIVE
LINKS
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Distribution of the administration board |
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|
Governing body : 2 members (latest change:
29/10/2012) Other Positions : 2 (latest change: 10/09/2002) Auditor : 2 (latest change: 30/11/2011) Operative Board Members : 5 (latest change: 19/04/2013) Non-current positions : 21 (latest change: 29/10/2012) |
|
|
Main Board
members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
JOINT AND SEVERAL ADMINISTRATOR |
PERMANYER ANDREVI, JOSEP ORIOL |
29/10/2012 |
|
JOINT AND SEVERAL ADMINISTRATOR |
SAUQUET CANET, SANTIAGO |
29/10/2012 |
|
|
|
|
Auditor
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
AUDITOR |
MONCUNILL AUDITORS SL |
17/02/2009 |
|
AUDITOR |
MONCUNILL AUDITORS SL |
30/11/2011 |
There are 6 board members, directors and auditors registered
Board members remuneration
Source: Annual
financial report 2011
Board
members remuneration: 0,00
|
POSITION |
NAME AND SURNAME |
|
General Manager |
SAUQUET CANET, SANTIAGO |
|
Financial Manager |
COLOMER, PEDRO |
|
Commercial Director |
PERMANYER ANDREVI, ORIOL |
|
Exports Director |
PERMANYER ANDREVI, ORIOL |
|
Imports Director |
PERMANYER ANDREVI, ORIOL |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
SAUQUET CANET SANTIAGO |
|
Major. |
OWN SOURCES |
19/04/2013 |
|
|
HEDEN TEXT S.L. |
B61261517 |
41,67 |
OWN SOURCES |
19/04/2013 |
There are 2 direct financial links through shareholders
registered
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
SIMO SUCARRATS JOSE DE IGNACIO |
|
Indef. |
OWN SOURCES |
07/11/2001 |
|
|
COMAS HANOSA JOSE |
|
Indef. |
OWN SOURCES |
07/11/2001 |
|
|
SAUQUET VIDAL JOSE |
|
Indef. |
OWN SOURCES |
07/11/2001 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
GERRY DIFUSION SL (EXTINGUIDA) |
B61355178 |
100,00 |
B.O.R.M.E. |
23/02/2011 |
|
|
ASEFA SA SEGUROS Y REASEGUROS |
A08171605 |
Indef. |
LA VANGUARDIA |
01/12/2008 |
|
|
GOGELIN SA (EXTINGUIDA) |
A08509598 |
Indef. |
B.O.R.M.E. |
28/09/2006 |
Company
with rating inferior to 7
POTENTIAL LINKS
Search for Link by
Administrator
Search Criterion: SANTIAGO SAUQUET CANET
|
COMPANY |
POSITION |
PROVINCE |
|
TRICTON SL |
Administrador Ϊnico |
BARCELONA |
|
EDIFICIS DUNA SL |
Administrador Ϊnico |
BARCELONA |
|
J Y S SAUQUET SA |
Administrador Ϊnico |
BARCELONA |
|
FREUNDI SA |
Administrador |
BARCELONA |
|
FOYER HABITATGES SL |
Administrador |
BARCELONA |
In case you need more information you can request:Board Members
Monitoring
Search Criterion: TROVELS SA
URL: www.trovels.com
Grupo Trovels: Trovels, Gerry, Gerry Urban, Gerry St Tropez, Tricton ... Grupo
Trovels: Trovels, Gerry, Gerry Urban, Gerry St Tropez, Tricton, Kilt.
URL: www.gerrysttropez.com
Gerry St Tropez (Trovels S.A.) - Swimsuits Gerry St
Tropez (Trovels S.A.). English; Castellano · Catalΰ · Bag: product products
(empty); Log in · Your Account · Swimsuits ...
URL: www.linkedin.com
Carla Marti profiles | LinkedIn Current: Departamento de Diseρo en
Trovels S.A; Past: Seleccionada y participante del concurso en Triumph
International, Shirt&Shoes en MTX - Mertxe ...
URL: es.linkedin.com
Josep Aumatell Canellas - Espaρa | LinkedIn Trovels,
S.A.. enero de 1987 mayo de 1992 (5 aρos 5 meses). Empresa dedicada a la
confecciσ i comercialitzaciσ de prendes de vestir que presenta diverses ...
URL: es.linkedin.com
Oriol Permanyer Andrevi - Espaρa | LinkedIn Oriol
Permanyer Andrevi. Gerente en Trovels sa. Ubicaciσn: Barcelona y alrededores,
Espaρa; Sector: Industria textil y moda ...
BUSINESS INFORMATION
Incorporation date: 15/07/1969
Establishment date: 01/01/1966
Founders Name: Josι de Ignacio Simσ Sucarrats
Activity: Textile confection: mass production
NACE 2009 CODE: 1419
NACE 2009 Activity: Manufacture of other wearing apparel and accessories
Business: SU ACTIVIDAD CONCRETA ES LA CONFECCION DE PRENDAS DE VESTIR.
Activity description: Venta de articulos de vestir.
Latest employees figure: 22 (2013)
% of fixed employees: 100,00%
% of men: 47,83%
% of women: 52,17%
Employees
evolution
|
|
|
|
Source: Annual financial report 2011
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Distribution by sexes |
|
11 |
12 |
COMMERCIAL OPERATIONS
PURCHASES
Imports from: ITALIA, INDIA, ARGENTINA, CHINA
SALES
Credit collections: 100%
National Distribution: 92%
SUPPLIERS
|
BUSINESS NAME |
INTERNATIONAL |
|
SIDOGRAS |
NO |
|
SEDATEX SA |
NO |
|
TRICTON, S.L. |
NO |
There are 3 Suppliers
CLIENTS
|
BUSINESS NAME |
INTERNATIONAL |
|
COMERCIAL PODIUM |
NO |
|
UTERQUE |
NO |
|
TRICTON, S.L. |
NO |
|
J. Y S. SAUQUET,
S.A. |
NO |
|
OLD RIDEL, S.L. |
NO |
There are 5 Clients
El 100% de su cifra de negocio corresponde a
comercializaciσn y confecciσn de prendas de vestir.
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO DE SABADELL, S.A. |
0264 |
C BERNAT METGE 000073 |
SABADELL |
Barcelona |
There are 1 bank entities registered
Discount facilities: 1
Credit policy: 1
Mortgage loan: 0
Loans with no real security: 0
|
|
|
|
Debt type: Credit policy |
Granted limit:200.000,00 Used limit:70.387,81 Available limit:129.612,19
Source: Filed
Accounts (2011) |
|
|
|
|
Debt type: Discount
facilities |
Granted limit:2.500.000,00 Used limit:1.393.748,62
Available limit:1.106.251,38
Source: Filed
Accounts (2011) |
|
|
|
There are 2 bank operations registered
Brand name: GOGELIN (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 25/05/2007
Brand name: CHIANINS (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 01/01/2007
Brand name: MIKONOS (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 01/04/2004
Brand name: GERRY (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 16/01/2004
Brand name: SAND KEY (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 01/10/2002
There are 19 brands, signs and commercial names
LEGAL STRUCTURE
Constitution Data
Register Date: 15/07/1969
Legal form: Joint-stock Company
Share capital: 324.540,00
Paid-up capital: 324.540,00
Obligation to fill in Financial Statements: YES
Chamber census: YES (2011)
B.O.R.M.E.
(OFFICIAL GAZETTE OF
THE MERCANTILE REGISTER)
· Acts on activity: 0
· Acts on administrators: 17 (Last: 14/11/2012, first: 27/02/1991)
· Acts on capital: 2 (Last: 15/06/2011, first: 22/02/2007)
· Acts on creation: 0
· Acts on filed accounts: 21 (Last: 26/09/2011, first: 12/12/1990)
· Acts on identification: 2 (Last: 22/06/2012, first: 02/06/1997)
· Acts on Information: 5 (Last: 13/11/2012, first: 03/08/1992)
Latest acts in
B.O.R.M.E.
Most relevant acts of the last twelve months
|
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Change of registered address |
22/06/2012 |
263709 |
Barcelona |
|
|
|
New business address: CALLE MEXIC, 9 08205 - SABADELL - Barcelona Register Data:
Volume 42622, Folio 171, Section 8, Sheet 41224, Inscription I/A
29 (12/06/2012) Publication Data:
Register Barcelona, Gazette 118, Page
28790, Announcement 263709 (22/06/2012) |
|||
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Officially cancelling of an appointment |
14/11/2012 |
464859 |
Barcelona |
|
Modification of the Articles of Association |
13/11/2012 |
463007 |
Barcelona |
|
Appointments |
13/11/2012 |
463007 |
Barcelona |
|
Appointments |
13/12/2011 |
493398 |
Barcelona |
|
Annual Filed Accounts (2010) |
26/09/2011 |
620322 |
Barcelona |
|
Capital enlargement (IA) |
15/06/2011 |
255903 |
Barcelona |
|
Annual Filed Accounts (2009) |
02/11/2010 |
951985 |
Barcelona |
|
Annual Filed Accounts (2008) |
27/10/2009 |
768289 |
Barcelona |
|
Appointments |
17/02/2009 |
84087 |
Barcelona |
There are 47 acts registered
PRESS ARTICLES
Press summary by
type of information (last five years)
· Legal notices: 0
·
Structural Data: 0
·
Informative data: 0
·
Financial Information: 0
·
Negative information: 0
·
Business lines: 0
·
Historical press releases: 1 (Last:
07/10/1995)
Latest press
article published
07/10/1995 LA VANGUARDIA - LEGAL ANNOUNCEMENTS
EN LA JUNTA UNIVERSAL, CELEBRADA EL 27/9/95, SE ACORDO TRASLADAR EL
DOMICILIO DE ESTA SDAD. A LA CIUDAD DE SABADELL, C/ JOAQUIN BLUME, 20-22.
There are 1 press articles registered for this company
Complementary
Information
Financial Information
El balance cerrado a 31/12/2008 (Deposito 2008) esta disponible en
INFORMA, pero existen datos en los nuevos estados contables incorrectamente
presentados.
FINANCIAL INFORMATION
The information on the last Individual Filed Accounts contained in this
report is extracted from the Mercantile Register file of the legal address of
the Company and dated 03/09/2012.
SITUATION BALANCE-SHEET
Assets
Figures given in
|
|
31/12/2011 (12) |
% ASSETS |
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
679.589,53 |
14,88 |
338.958,60 |
9,47 |
333.475,79 |
9,53 |
|
I. Intangible assets |
3.079,31 |
0,07 |
6.328,55 |
0,18 |
9.577,79 |
0,27 |
|
5. Software |
3.079,31 |
0,07 |
6.328,55 |
0,18 |
9.577,79 |
0,27 |
|
II. Tangible fixed assets |
467.822,13 |
10,24 |
172.785,51 |
4,83 |
125.294,52 |
3,58 |
|
2. Technical fittings and other tangible assets |
467.822,13 |
10,24 |
172.785,51 |
4,83 |
125.294,52 |
3,58 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
|
|
|
|
37.212,15 |
1,06 |
|
1. Net worth instruments |
|
|
|
|
37.212,15 |
1,06 |
|
V. Long Term Financial Investments |
11.857,27 |
0,26 |
12.053,33 |
0,34 |
10.053,33 |
0,29 |
|
5. Other financial assets |
11.857,27 |
0,26 |
12.053,33 |
0,34 |
10.053,33 |
0,29 |
|
VI. Assets by deferred taxes |
196.830,82 |
4,31 |
147.791,21 |
4,13 |
151.338,00 |
4,33 |
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
3.887.478,89 |
85,12 |
3.239.050,42 |
90,53 |
3.164.207,01 |
90,47 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
1.023.025,54 |
22,40 |
669.574,99 |
18,71 |
676.757,74 |
19,35 |
|
1. Goods available for sale |
506.172,03 |
11,08 |
364.354,64 |
10,18 |
264.846,47 |
7,57 |
|
2. Raw material inventory |
199.229,23 |
4,36 |
162.514,20 |
4,54 |
219.990,06 |
6,29 |
|
4. Finished goods |
151.916,79 |
3,33 |
105.675,88 |
2,95 |
112.025,17 |
3,20 |
|
b) Short production cycle |
151.916,79 |
3,33 |
105.675,88 |
2,95 |
112.025,17 |
3,20 |
|
6. Pre-payments to suppliers |
165.707,49 |
3,63 |
37.030,27 |
1,03 |
79.896,04 |
2,28 |
|
III. Trade Debtors and other receivable accounts |
2.832.791,29 |
62,03 |
2.471.437,01 |
69,07 |
2.232.020,27 |
63,81 |
|
1. Clients |
2.613.890,28 |
57,23 |
2.267.411,45 |
63,37 |
2.055.344,54 |
58,76 |
|
b) Clients for sales and short term services
rendering |
2.613.890,28 |
57,23 |
2.267.411,45 |
63,37 |
2.055.344,54 |
58,76 |
|
2. Clients group and associated companies |
49.969,94 |
1,09 |
41.071,55 |
1,15 |
|
|
|
3. Other debts |
44.535,00 |
0,98 |
105.212,23 |
2,94 |
102.826,40 |
2,94 |
|
4. Staff |
3.000,00 |
0,07 |
|
|
|
|
|
5. Assets by current taxes |
3.402,94 |
0,07 |
3.402,94 |
0,10 |
29.131,29 |
0,83 |
|
6. Other credits with the Public Administrations |
117.993,13 |
2,58 |
54.338,84 |
1,52 |
44.718,04 |
1,28 |
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Short term financial investments |
|
|
|
|
|
|
|
VI. Short term periodifications |
8.556,26 |
0,19 |
15.530,22 |
0,43 |
14.783,37 |
0,42 |
|
VII. Cash and equivalents |
23.105,80 |
0,51 |
82.508,20 |
2,31 |
240.645,63 |
6,88 |
|
1. Treasury |
23.105,80 |
0,51 |
82.508,20 |
2,31 |
240.645,63 |
6,88 |
|
TOTAL ASSETS (A + B) |
4.567.068,42 |
100,00 |
3.578.009,02 |
100,00 |
3.497.682,80 |
100,00 |
Net Worth and
Liabilities
Figures given in
|
|
31/12/2011 (12) |
% ASSETS |
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
|
A) NET WORTH |
2.302.779,87 |
50,42 |
2.305.658,71 |
64,44 |
2.295.018,35 |
65,62 |
|
A-1) Equity |
2.302.779,87 |
50,42 |
2.305.658,71 |
64,44 |
2.295.018,35 |
65,62 |
|
I. Capital |
324.540,00 |
7,11 |
180.300,00 |
5,04 |
180.300,00 |
5,15 |
|
1. Authorized capital |
324.540,00 |
7,11 |
180.300,00 |
5,04 |
180.300,00 |
5,15 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
2.249.148,25 |
49,25 |
2.249.148,25 |
62,86 |
2.249.148,25 |
64,30 |
|
1. Legal and statutory |
36.060,00 |
0,79 |
36.060,00 |
1,01 |
36.060,00 |
1,03 |
|
2. Other funds |
2.213.088,25 |
48,46 |
2.213.088,25 |
61,85 |
2.213.088,25 |
63,27 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
-123.789,54 |
-2,71 |
-134.429,90 |
-3,76 |
|
|
|
2. (Prior years losses) |
-123.789,54 |
-2,71 |
-134.429,90 |
-3,76 |
|
|
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
-147.118,84 |
-3,22 |
10.640,36 |
0,30 |
-134.429,90 |
-3,84 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
I. Financial assets available for sale |
|
|
|
|
|
|
|
II. Coverage operations |
|
|
|
|
|
|
|
III. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
|
|
|
IV. Conversion differences |
|
|
|
|
|
|
|
V. Other |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
|
|
|
|
|
|
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
|
|
|
|
|
|
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
|
|
|
|
|
|
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
2.264.288,55 |
49,58 |
1.272.350,31 |
35,56 |
1.202.664,45 |
34,38 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
1.464.136,43 |
32,06 |
796.290,81 |
22,26 |
717.580,53 |
20,52 |
|
2. Debts with bank entities |
1.464.136,43 |
32,06 |
796.290,81 |
22,26 |
717.580,53 |
20,52 |
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
39.850,73 |
1,14 |
|
V. Trade creditors and other payable accounts |
800.152,12 |
17,52 |
476.059,50 |
13,31 |
445.233,19 |
12,73 |
|
1. Suppliers |
482.022,13 |
10,55 |
356.728,82 |
9,97 |
357.562,16 |
10,22 |
|
b) Short term suppliers |
482.022,13 |
10,55 |
356.728,82 |
9,97 |
357.562,16 |
10,22 |
|
2. Suppliers group and associated companies |
4.722,36 |
0,10 |
|
|
|
|
|
3. Different creditors |
263.667,01 |
5,77 |
71.105,01 |
1,99 |
59.025,91 |
1,69 |
|
4. Staff (pending remunerations) |
18.137,74 |
0,40 |
18.137,74 |
0,51 |
|
|
|
6. Other debts with Public Administrations |
31.602,88 |
0,69 |
30.087,93 |
0,84 |
28.645,12 |
0,82 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
4.567.068,42 |
100,00 |
3.578.009,02 |
100,00 |
3.497.682,80 |
100,00 |
PROFIT AND LOSS
ACCOUNT
Figures given in
|
|
31/12/2011 (12) |
%OPERATING INCOME |
31/12/2010 (12) |
%OPERATING INCOME |
31/12/2009 (12) |
%OPERATING INCOME |
|
A) CONTINUED OPERATIONS |
|
|
|
|
|
|
|
1. Net Turnover |
6.735.958,64 |
100,00 |
6.465.399,05 |
100,00 |
6.206.000,64 |
100,00 |
|
A) Sales |
6.735.958,64 |
100,00 |
6.465.399,05 |
100,00 |
6.206.000,64 |
100,00 |
|
2. Variation in stocks of finished goods and work in progress |
46.240,91 |
0,69 |
-6.349,29 |
-0,10 |
1.663,70 |
0,03 |
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-4.984.219,99 |
-73,99 |
-4.585.866,86 |
-70,93 |
-4.452.269,12 |
-71,74 |
|
a) Material consumed |
-3.968.804,13 |
-58,92 |
-3.426.792,12 |
-53,00 |
-3.283.392,81 |
-52,91 |
|
b) Raw materials consumed |
-557.891,31 |
-8,28 |
-656.415,75 |
-10,15 |
-659.060,33 |
-10,62 |
|
c) Works carried out for other companies |
-457.524,55 |
-6,79 |
-502.658,99 |
-7,77 |
-509.815,98 |
-8,21 |
|
5. Other operating income |
|
|
|
|
|
|
|
6. Labour cost |
-879.437,38 |
-13,06 |
-786.785,55 |
-12,17 |
-868.556,95 |
-14,00 |
|
a) Wages and similar expenses |
-721.794,45 |
-10,72 |
-626.875,97 |
-9,70 |
-700.491,05 |
-11,29 |
|
b) Social costs |
-157.642,93 |
-2,34 |
-159.909,58 |
-2,47 |
-168.065,90 |
-2,71 |
|
7. Other operating costs |
-959.757,75 |
-14,25 |
-962.103,18 |
-14,88 |
-928.765,74 |
-14,97 |
|
a) External services |
-911.630,39 |
-13,53 |
-901.875,30 |
-13,95 |
-936.864,02 |
-15,10 |
|
b) Taxes |
-8.841,70 |
-0,13 |
-9.397,44 |
-0,15 |
-8.473,43 |
-0,14 |
|
c) Losses, deterioration and variation on business operations
provisions |
-39.285,66 |
-0,58 |
-50.830,44 |
-0,79 |
16.571,71 |
0,27 |
|
8. Amortization of fixed assets |
-42.664,92 |
-0,63 |
-35.069,60 |
-0,54 |
-64.607,37 |
-1,04 |
|
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 |
|
|
|
|
-2.708,88 |
-0,04 |
|
A.1) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 +
12 + 13) |
-83.880,49 |
-1,25 |
89.224,57 |
1,38 |
-109.243,72 |
-1,76 |
|
14. Financial income |
|
|
|
|
|
|
|
15. Financial expenses |
-112.277,96 |
-1,67 |
-88.970,74 |
-1,38 |
-73.241,76 |
-1,18 |
|
b) For debts with third parties |
-112.277,96 |
-1,67 |
-88.970,74 |
-1,38 |
-73.241,76 |
-1,18 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
3.245,60 |
0,05 |
|
a) Negotiation portfolio and others |
|
|
|
|
3.245,60 |
0,05 |
|
17. Exchange differences |
|
|
|
|
0,01 |
0,00 |
|
18. Deterioration and result for disposal of financial instruments |
|
|
13.933,32 |
0,22 |
|
|
|
b) Results for disposals and others |
|
|
13.933,32 |
0,22 |
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
A.2) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-112.277,96 |
-1,67 |
-75.037,42 |
-1,16 |
-69.996,15 |
-1,13 |
|
A.3) RESULT BEFORE TAXES (A.1 + A.2) |
-196.158,45 |
-2,91 |
14.187,15 |
0,22 |
-179.239,87 |
-2,89 |
|
20. Taxes on profits |
49.039,61 |
0,73 |
-3.546,79 |
-0,05 |
44.809,97 |
0,72 |
|
A.4) EXERCISE RESULT COMING FROM CONTINUED OPERATIONS (A.3 + 20) |
-147.118,84 |
-2,18 |
10.640,36 |
0,16 |
-134.429,90 |
-2,17 |
|
B) DISCONTINUED OPERATIONS |
|
|
|
|
|
|
|
21. Net of taxes exercise result coming from discontinued operations |
|
|
|
|
|
|
|
A.5) EXERCISE RESULT (A.4 + 21) |
-147.118,84 |
-2,18 |
10.640,36 |
0,16 |
-134.429,90 |
-2,17 |
NET WORTH CHANGES STATUS
Status of
recognized income and expenses
Figures given in
|
NET WORTH CHANGES (1/3) |
31/12/2011 (12) |
31/12/2010 (12) |
31/12/2009 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
-147.118,84 |
10.640,36 |
-134.429,90 |
|
INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH |
|
|
|
|
I. For valuation of financial instruments |
|
|
|
|
II. Cash flow coverage |
|
|
|
|
III. Received legacies, grants and subventions |
|
|
|
|
IV. For actuarial profits and losses and other adjustments |
|
|
|
|
V. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
VI. Conversion differences |
|
|
|
|
VII. Tax effect |
|
|
|
|
B) TOTAL INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH (I + II +
III + IV +V+VI+VII) |
|
|
|
|
PROFIT AND LOSS ACCOUNT TRANSFERS |
|
|
|
|
VIII. For valuation of financial instruments |
|
|
|
|
IX. Cash flow coverage |
|
|
|
|
X. Received legacies, grants and subventions |
|
|
|
|
XI. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
XII. Conversion differences |
|
|
|
|
XIII. Tax effect |
|
|
|
|
C) TOTAL TRANSFERS TO THE PROFIT AND LOSS ACCOUNT (VIII + IX + X + XI+
XII+ XIII) |
|
|
|
|
TOTAL INCOME AND EXPENSES RECOGNIZED (A + B + C) |
-147.118,84 |
10.640,36 |
-134.429,90 |
Total net worth
changes status
Figures given in
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
RESERVES |
RESULTS FROM PREVIOUS YEARS |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
180.300,00 |
2.243.289,17 |
|
5.859,08 |
|
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) |
180.300,00 |
2.243.289,17 |
|
5.859,08 |
|
I. Total recognized income and expenses |
|
|
|
-134.429,90 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
5.859,08 |
|
-5.859,08 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
180.300,00 |
2.249.148,25 |
|
-134.429,90 |
|
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) |
180.300,00 |
2.249.148,25 |
|
-134.429,90 |
|
I. Total recognized income and expenses |
|
|
|
10.640,36 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
-134.429,90 |
134.429,90 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
180.300,00 |
2.249.148,25 |
-134.429,90 |
10.640,36 |
|
I. Adjustments by change of criteria in the exercise (2010) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2010) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2011) |
180.300,00 |
2.249.148,25 |
-134.429,90 |
10.640,36 |
|
I. Total recognized income and expenses |
|
|
|
-147.118,84 |
|
II. Operations with partners or owners |
144.240,00 |
|
|
|
|
1. Capital Increases |
144.240,00 |
|
|
|
|
III. Other net worth variations |
|
|
10.640,36 |
-10.640,36 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
324.540,00 |
2.249.148,25 |
-123.789,54 |
-147.118,84 |
|
NET WORTH CHANGES ( 3 /3) |
TOTAL |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
2.429.448,25 |
|
||
|
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) |
2.429.448,25 |
|
||
|
I. Total recognized income and expenses |
-134.429,90 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
2.295.018,35 |
|
||
|
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) |
2.295.018,35 |
|
||
|
I. Total recognized income and expenses |
10.640,36 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
2.305.658,71 |
|
||
|
I. Adjustments by change of criteria in the exercise (2010) |
|
|
||
|
II. Adjustments by errors in the exercise (2010) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2011) |
2.305.658,71 |
|
||
|
I. Total recognized income and expenses |
-147.118,84 |
|
||
|
II. Operations with partners or owners |
144.240,00 |
|
||
|
1. Capital Increases |
144.240,00 |
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
2.302.779,87 |
|
||
CASH FLOW STATUS
Figures given in
|
|
31/12/2011 (12) |
31/12/2010 (12) |
31/12/2009 (12) |
|
A) CASH FLOW COMING FROM OPERATING ACTIVITIES |
|
|
|
|
1. exercise result before taxes |
-196.158,45 |
14.187,15 |
-179.239,87 |
|
2. Results adjustments |
194.228,54 |
183.850,08 |
-61.870,76 |
|
a) Amortization of fixed assets (+) |
42.664,92 |
35.069,60 |
64.607,37 |
|
b) Value correction for deterioration (+/-) |
39.285,66 |
59.951,04 |
-51.698,49 |
|
g) Financial income (-) |
|
|
-73.241,76 |
|
f) Financial expenses (+) |
112.277,96 |
88.970,74 |
|
|
k) Other income and expenses (-/+) |
|
-141,30 |
-1.537,88 |
|
3. Changes in current capital |
-422.508,78 |
-263.250,45 |
467.238,52 |
|
a) Stocks (+/-) |
-353.450,55 |
7.182,75 |
535.836,42 |
|
b) Debtors and other receivable accounts (+/-) |
-400.639,94 |
-299.367,78 |
147.692,55 |
|
c) Other current assets (+/-) |
6.973,96 |
746,85 |
14.783,37 |
|
d) Creditors and other payable accounts (+/-) |
324.092,62 |
30.826,31 |
-232.832,75 |
|
e) Other current liabilities (+/-) |
|
-39.850,73 |
|
|
f) Other non-current assets and liabilities (+/-) |
515,13 |
37.212,15 |
1.758,93 |
|
4. Other cash flow coming from operating activities |
-112.277,96 |
-90.323,14 |
46.161,01 |
|
a) Interests payments (-) |
-112.277,96 |
-88.970,74 |
|
|
c) Interests collections (+) |
|
|
73.241,76 |
|
d) Collections (payments) for profit tax (+/-) |
|
-1.352,40 |
-27.080,75 |
|
5. Cash flow coming from operating activities (1 + 2 + 3 + 4) |
-536.716,65 |
-155.536,36 |
272.288,90 |
|
B) CASH FLOW COMING FROM INVESTING ACTIVITIES |
|
|
|
|
6. Investment payments (-) |
-334.771,37 |
-81.311,35 |
-27.821,97 |
|
c) Tangible assets |
-334.452,30 |
-79.311,35 |
-26.987,80 |
|
e) Other financial assets |
-319,07 |
-2.000,00 |
-834,17 |
|
7. Disinvestment collections (+) |
|
|
|
|
8. Cash Flow in investment activities (6 + 7) |
-334.771,37 |
-81.311,35 |
-27.821,97 |
|
C) CASH FLOW COMING FROM FINANCING ACTIVITIES |
|
|
|
|
9. Net worth instruments collections and payments |
144.240,00 |
|
|
|
a) Net worth instruments issue (+) |
144.240,00 |
|
|
|
10. Financial liabilities instruments collections and payments |
667.845,62 |
78.710,28 |
-141.688,61 |
|
a) Issue |
1.464.136,43 |
796.290,81 |
717.580,53 |
|
2. Debts with bank entities (+) |
1.464.136,43 |
796.290,81 |
717.580,53 |
|
b) Return and amortization of |
-796.290,81 |
-717.580,53 |
-859.269,14 |
|
2. Debts with bank entities (-) |
-796.290,81 |
-717.580,53 |
-859.269,14 |
|
11. Payments for dividends and remunerations of other net worth
instruments |
|
|
|
|
12. Cash Flow in financing activities (9 + 10 + 11) |
812.085,62 |
78.710,28 |
-141.688,61 |
|
D) Exchange rate variations effect |
|
|
|
|
E) NET CASH OR EQUIVALENTS INCREASE / REDUCTION (5 + 8 + 12 + D) |
-59.402,40 |
-158.137,43 |
102.778,32 |
|
Cash or equivalents at the beginning of the exercise |
82.508,20 |
24.005,53 |
137.867,30 |
|
Cash or equivalents at the end of the exercise |
23.105,80 |
82.508,20 |
240.645,63 |
RATIOS
|
|
31/12/2011 (12) |
CHANGE % |
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital () |
1.623.190,34 |
-17,47 |
1.966.700,11 |
0,26 |
1.961.542,56 |
|
Working capital ratio |
0,36 |
-34,55 |
0,55 |
-1,79 |
0,56 |
|
Soundness Ratio |
3,39 |
-50,15 |
6,80 |
-1,16 |
6,88 |
|
Average Collection Period (days) |
152 |
10,21 |
138 |
6,11 |
130 |
|
Average Payment Period (days) |
49 |
56,98 |
31 |
-4,44 |
32 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
171,69 |
-32,56 |
254,57 |
-3,24 |
263,10 |
|
Quick Ratio (%) |
1,02 |
-84,28 |
6,48 |
-67,57 |
20,01 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
32,06 |
44,03 |
22,26 |
2,77 |
21,66 |
|
External Financing Average Cost |
0,08 |
-27,27 |
0,11 |
10,00 |
0,10 |
|
Debt Service Coverage |
-2,73 |
46,68 |
-5,12 |
-284,17 |
2,78 |
|
Interest Coverage |
-0,75 |
-175,00 |
1,00 |
167,11 |
-1,49 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
-7,97 |
-230,71 |
-2,41 |
-154,90 |
4,39 |
|
Auto financing generated by Assets (%) |
-11,75 |
-170,11 |
-4,35 |
-155,84 |
7,78 |
|
Breakdown Point |
0,99 |
-1,98 |
1,01 |
3,06 |
0,98 |
|
Average Sales Volume per Employee |
292.867,77 |
4,18 |
281.104,31 |
4,18 |
269.826,11 |
|
Average Cost per Employee |
38.236,41 |
11,78 |
34.208,07 |
-9,41 |
37.763,35 |
|
Assets Turnover |
1,48 |
-18,23 |
1,81 |
2,26 |
1,77 |
|
Inventory Turnover (days) |
74 |
40,41 |
53 |
-3,95 |
55 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
-1,84 |
-173,90 |
2,49 |
179,81 |
-3,12 |
|
Operating Profitability (%) |
-0,90 |
-125,94 |
3,47 |
371,09 |
-1,28 |
|
Return on Equity (ROE) (%) |
-8,52 |
-1.474,19 |
0,62 |
107,94 |
-7,81 |
SECTORIAL ANALYSIS
Balance Sheet and
Financial Balance
Figures expressed in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
14,88 |
38,27 |
-23,39 |
|
A) CURRENT ASSETS |
85,12 |
61,73 |
23,39 |
|
LIABILITIES |
|||
|
A) NET WORTH |
50,42 |
41,17 |
9,25 |
|
B) NON CURRENT LIABILITIES |
|
19,60 |
|
|
C) CURRENT LIABILITIES |
49,58 |
39,23 |
10,35 |
|
|
|
|
|
Results Analytical Account
Figures given in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
98,72 |
1,28 |
|
Other operating income |
|
1,28 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-73,99 |
-59,75 |
-14,24 |
|
Variation in stocks of finished goods and work in progress |
0,69 |
1,22 |
-0,53 |
|
GROSS MARGIN |
26,69 |
41,47 |
-14,78 |
|
Other operating costs |
-14,25 |
-18,63 |
4,38 |
|
Labour cost |
-13,06 |
-18,09 |
5,03 |
|
GROSS OPERATING RESULT |
-0,61 |
4,76 |
-5,37 |
|
Amortization of fixed assets |
-0,63 |
-2,37 |
1,74 |
|
Deterioration and result for fixed assets disposal |
|
0,38 |
|
|
Other expenses / income |
|
0,64 |
|
|
NET OPERATING RESULT |
-1,25 |
3,41 |
-4,66 |
|
Financial result |
-1,67 |
-1,24 |
-0,43 |
|
RESULT BEFORE TAX |
-2,91 |
2,17 |
-5,08 |
|
Taxes on profits |
0,73 |
-0,50 |
1,23 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
-2,18 |
1,66 |
-3,84 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
-2,18 |
1,66 |
-3,84 |
|
Amortization of fixed assets |
-0,63 |
-2,37 |
1,74 |
|
Deterioration and provisions variation |
-0,58 |
-0,13 |
-0,45 |
|
|
-0,97 |
4,16 |
-5,13 |
Main Ratios
Figures given in
|
|
COMPANY (2011) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital () |
1.623.190,34 |
401.666,56 |
933.636,28 |
1.357.256,04 |
|
Working capital ratio |
0,36 |
0,09 |
0,29 |
0,41 |
|
Soundness Ratio |
3,39 |
0,73 |
2,33 |
3,62 |
|
Average Collection Period (days) |
152 |
49 |
83 |
127 |
|
Average Payment Period (days) |
49 |
65 |
107 |
172 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
171,69 |
132,95 |
155,26 |
226,32 |
|
Quick Ratio (%) |
1,02 |
2,89 |
17,13 |
35,55 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
32,06 |
16,07 |
30,90 |
39,88 |
|
External Financing Average Cost |
0,08 |
0,03 |
0,04 |
0,07 |
|
Debt Service Coverage |
-2,73 |
1,36 |
6,49 |
13,34 |
|
Interest Coverage |
-0,75 |
0,65 |
2,05 |
10,55 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
-7,97 |
1,51 |
3,61 |
6,05 |
|
Auto financing generated by Assets (%) |
-11,75 |
2,22 |
3,82 |
6,48 |
|
Breakdown Point |
0,99 |
1,01 |
1,03 |
1,06 |
|
Average Sales Volume per Employee |
292.867,77 |
117.700,06 |
189.359,75 |
308.773,44 |
|
Average Cost per Employee |
38.236,41 |
24.302,25 |
28.774,90 |
37.068,56 |
|
Assets Turnover |
1,48 |
0,73 |
1,08 |
1,37 |
|
Inventory Turnover (days) |
74 |
56 |
125 |
211 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
-1,84 |
1,16 |
3,47 |
6,09 |
|
Operating Profitability (%) |
-0,90 |
2,57 |
4,96 |
8,46 |
|
Return on Equity (ROE) (%) |
-8,52 |
1,24 |
6,99 |
10,11 |
ADDITIONAL INFORMATION
This company has been consulted was last displayed on 04/02/2013,
1 times in the last quarter and 731 total times.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.17 |
|
UK Pound |
1 |
Rs.82.45 |
|
Euro |
1 |
Rs.70.70 |
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 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.