MIRA
INFORM REPORT
|
Report Date : |
04.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
GRUPPO BERTOLASO S.P.A. |
|
|
|
|
Registered Office : |
Via Stazione, 760, 37040, Zimella
(VR) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
23.11.1989 |
|
|
|
|
Com. Reg. No.: |
VR091-29680 of Verona since 19/02/1996 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
· General mechanics Manufacturer
of machinery for the food, beverage and tobacco industries |
|
|
|
|
No. of Employees : |
from 176 to 200 employees |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
TATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
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 – September 30th, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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, highly subsidized, agricultural south, where unemployment is high. 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 its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 126% of GDP in 2012, and investor concerns about the broader euro-zone crisis at times have caused borrowing costs on sovereign government debt to rise to euro-era. During the second half of 2011 the government passed three austerity packages to reduce its budget deficit and help bring down borrowing costs. 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 sustain its recent efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2012 economic growth and labor market conditions deteriorated, with growth at -2.3% and unemployment rising to nearly 11%, with youth unemployment around 35%. The government has undertaken several reform initiatives designed to increase long-term economic growth. Italy's GDP is now 7% below its 2007 pre-crisis level.
|
Source : CIA |
Company name & address
Gruppo Bertolaso S.p.A.
Via Stazione, 760
37040 - Zimella (VR) -IT-
Summary
|
Fiscal Code |
: |
02176810238 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
02/09/1991 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
35.000.000/50.000.000 |
|
Number of Employees |
: |
from 176 to 200 |
Activity
General mechanics
Manufacture of machinery for the food, beverage
and tobacco industries
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 02176810238 |
|
Foreign Trade Reg. no. : VR030886 since
15/01/1996 |
|
Foreign Trade Reg. no. : 030886 of Verona
since 15/01/1996 |
|
Chamber of Commerce no. : 232176 of Parma |
|
Chamber of Commerce no. : 221874 of Verona
since 02/02/1990 |
|
Firms' Register : VR091-29680 of Verona
since 19/02/1996 |
|
V.A.T. Code : 02176810238 |
|
R. E. C. no. : 69132 of Verona since
15/05/1997 |
|
Foundation date |
: 23/11/1989 |
|
|
Establishment date |
: 23/11/1989 |
|
|
Start of Activities |
: 02/09/1991 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 1.032.900 |
|
|
Subscribed Capital |
: 1.032.900 |
|
|
Paid up Capital |
: 1.032.900 |
|
Members
|
|
Bertolaso |
Luigino |
|
|
|
Born in Zimella |
(VR) |
on 21/06/1926 |
- Fiscal Code : BRTLGN26H21M178I |
|
|
|
Residence: |
|
Giovannelli |
, 20 |
- 36045 |
Lonigo |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
06/05/2013 |
|
|
|
Board Chairman |
06/05/2013 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Bertolaso |
Cristina |
|
|
|
Born in Verona |
(VR) |
on 29/06/1965 |
- Fiscal Code : BRTCST65H69L781I |
|
|
|
Residence: |
|
Roma |
, 66 |
- 36045 |
Lonigo |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
06/05/2013 |
|
|
|
Managing Director |
06/05/2013 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Azzolini |
Roberto |
|
|
|
Born in Verona |
(VR) |
on 17/06/1958 |
- Fiscal Code : ZZLRRT58H17L781G |
|
|
|
Residence: |
|
Tavernelle |
, 43 |
- 36077 |
Altavilla Vicentina |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
06/05/2013 |
|
|
|
|
Bertolaso |
Antonietta |
|
|
|
Born in Verona |
(VR) |
on 04/08/1969 |
- Fiscal Code : BRTNNT69M44L781S |
|
|
|
Residence: |
|
Scortegana |
, 22 |
- 36045 |
Lonigo |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
06/05/2013 |
|
|
|
Managing Director |
06/05/2013 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Tagliaferri |
Roberto |
|
|
|
Born in Bologna |
(BO) |
on 16/10/1959 |
- Fiscal Code : TGLRRT59R16A944S |
|
|
|
Residence: |
|
Remo Tosi |
, 5/H |
- 40024 |
Castel San Pietro Terme |
(BO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
12/06/2013 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Granetto |
Alessio |
|
|
|
Born in Lonigo |
(VI) |
on 17/02/1964 |
- Fiscal Code : GRNLSS64B17E682G |
|
|
|
Residence: |
|
Quirico Rossi |
, 84 |
- 36045 |
Lonigo |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
06/05/2013 |
|
|
Companies connected to members *
*checkings have been performed on a national
scale.
In this module are listed the companies in
which members hold or have holded positions.
|
|
Bertolaso |
Luigino |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
BERTOLASO S.P.A. |
Zimella (VR) - IT - |
02110590235 |
Chairman |
Withdrawn |
Merged |
|
BERTOLASO S.P.A. |
Zimella (VR) - IT - |
02110590235 |
Managing
Director |
Withdrawn |
Merged |
|
I.M. INDUSTRIE MECCANICHE S.R.L. |
Lonigo (VI) - IT - |
00145010245 |
Vice-Chairman |
Withdrawn |
Registered |
|
COBERT S.P.A. |
Zimella (VR) - IT - |
02191610233 |
Chairman |
Withdrawn |
Merged |
|
Faberfin s.r.l. |
Zimella (VR) - IT - |
02411620236 |
General Partner |
Withdrawn |
Registered |
|
BERTOLASO SPA |
ZIMELLA - IT - |
|
Chairman |
Active |
Registered |
|
BERTOLASO LUIGINO E MARIANO |
Zimella (VR) - IT - |
02666740234 |
Partner |
Withdrawn |
Registered |
|
Mytilini S.r.l. |
Verona (VR) - IT - |
03957410230 |
Director |
Active |
Registered |
|
Mytilini S.r.l. |
Verona (VR) - IT - |
03957410230 |
Board Chairman |
Active |
Registered |
|
|
Bertolaso |
Cristina |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
S.B.R. S.R.L. |
Sala Baganza (PR) - IT - |
01579180348 |
Board Chairman |
Withdrawn |
Registered |
|
European Improvement Quality System S.r.l.
Brevemente E.i.q.s. S .r.l. |
Milano (MI) - IT - |
12338350155 |
Director |
Withdrawn |
Registered |
|
Ikra S.a.s. Di Azzolini Roberto E C. |
Vicenza (VI) - IT - |
03170610244 |
Limited Partner |
Active |
Registered |
|
Mytilini S.r.l. |
Verona (VR) - IT - |
03957410230 |
Director |
Active |
Registered |
|
|
Bertolaso |
Antonietta |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Mytilini S.r.l. |
Verona (VR) - IT - |
03957410230 |
Director |
Active |
Registered |
The indication "REGISTERED" as
Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we
advise to request further investigations.
Capital Shareholders
Shareholders' list as at date of data
collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Faberfin s.r.l. |
Zimella - IT - |
02411620236 |
475.134 .Eur |
46,00 |
|
Bertolaso Luigino |
Lonigo - IT - |
BRTLGN26H21M178I |
20.658 .Eur |
2,00 |
|
Bertolaso Cristina |
Lonigo - IT - |
BRTCST65H69L781I |
10.329 .Eur |
1,00 |
|
Bertolaso Antonietta |
Lonigo - IT - |
BRTNNT69M44L781S |
10.329 .Eur |
1,00 |
|
TURRINI LUISA |
Lonigo - IT - |
TRRLSU39R60G651J |
10.329 .Eur |
1,00 |
|
Bertolaso Elena |
|
BRTLNE75R46L781V |
10.329 .Eur |
1,00 |
|
Mytilini S.r.l. |
Verona - IT - |
03957410230 |
495.792 .Eur |
48,00 |
Direct Participations
The Company under review has participations in
the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Innotec - Tecnologie Innovative S.r.l. |
Verona - IT - |
02964920231 |
7.800 .Eur |
10,00 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the
firm uses the following locations:
|
- |
Legal and
operative seat |
|
since 21/12/1995 |
|
|
|
|
|
|
Stazione |
, 760 |
- 37040 |
- Zimella |
(VR) |
- IT - |
|
|
|
|
PHONE |
: 0442450111 |
|
|
|
|
FAX |
: 0442450112 |
|
- |
Branch |
(Factory) |
since 21/12/1995 |
|
|
|
|
|
|
Stazione |
, 407 |
- 37040 |
- Zimella |
(VR) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 05/10/2011 |
|
|
|
|
|
|
Scanzana |
, 95 |
- 37040 |
- Zimella |
(VR) |
- IT - |
|
|
|
|
Employees |
: 188 |
|
Fittings and Equipment for a value of
710.000 |
Eur |
|
Stocks for a value of 15.910.000 |
Eur |
|
Work in progress for a value of 1.770.000 |
Eur |
Trade organization: direct or by agents.
Sales area on a regional scale.
Transports are mainly done using own
vehicles and third parties ones
The company 's mainly customers are
companies.
|
|
Company uses to accept the following term of
sales: 30-60-90 days.
Main sales modalities: issue cheques and
bank transfers.
Purchase terms: 60-90-120 days.
Subject company generally settles its
engagements by issueing of
cheques and cash orders.
Historical Information and/or Firm's Status
CHANGES TO THE
LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Limited liability company |
Joint stock company |
06/10/1995 |
COMPANY STYLE
MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Corfin Srl |
Corfin SpA |
06/10/1995 |
|
Corfin SpA |
Gruppo Bertolaso SpA |
21/12/1995 |
EX-MEMBERS /
EX-POSITIONS:
|
|
Ciolfi |
Giangaetano |
|
|
|
Born in Erba |
(CO) |
on 26/12/1947 |
- Fiscal Code : CLFGGT47T26D416O |
|
|
|
Residence: |
|
Zappa |
, 17 |
- 22036 |
Erba |
(CO) |
- IT - |
|
Ex-Postions |
|
General Director |
|
|
Cambie' |
Giorgio Maria |
|
|
|
Born in Travedona-Monate |
(VA) |
on 27/06/1932 |
- Fiscal Code : CMBGGM32H27L341N |
|
|
|
Residence: |
|
Monte Romoldo |
, 157 |
- 37012 |
Bussolengo |
(VR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Bertolaso |
Dino |
|
|
|
Born in Zimella |
(VR) |
on 22/10/1935 |
- Fiscal Code : BRTDNI35R22M178X |
|
|
|
Residence: |
|
Matteotti |
, 13 |
- 37126 |
Verona |
(VR) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Saurin |
Claudio |
|
|
|
Born in Este |
(PD) |
on 10/03/1958 |
- Fiscal Code : SRNCLD58C10D442D |
|
|
|
Residence: |
|
Bacchiglione |
, 22 |
- 35030 |
Rubano |
(PD) |
- IT - |
|
Ex-Postions |
|
Director |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm
absorbed by merging of |
|
|
|
|
|
|
|
|
Scanzana |
, 2 |
, 37040 |
, Zimella |
(VR) |
- IT - |
|
|
|
Fiscal Code: 02110590235 |
|
|
|
Date |
: |
21/12/1995 |
|
|
The firm
absorbed by merging of |
|
|
|
|
|
|
|
|
500 |
, Km.18,883 |
, 37040 |
, Zimella |
(VR) |
- IT - |
|
|
|
Fiscal Code: 02191610233 |
|
|
|
Date |
: |
21/12/1995 |
|
|
The firm
absorved |
|
|
|
|
|
|
|
|
A. Grandi |
, 4 |
, 43038 |
, Sala Baganza |
(PR) |
- IT - |
|
|
|
Fiscal Code: 01579180348 |
|
|
|
Date |
: |
13/12/2001 |
|
|
Project of
merging by taking over of |
|
|
|
|
|
|
|
|
A. Grandi |
, 4 |
, 43038 |
, Sala Baganza |
(PR) |
- IT - |
|
|
|
Fiscal Code: 01579180348 |
|
|
|
Date |
Merging/splitting-up project: |
26/06/2001 |
|
|
The firm
absorbed by merging of |
|
|
|
|
|
|
|
|
A. Grandi |
, 4 |
, 43038 |
, Sala Baganza |
(PR) |
- IT - |
|
|
|
Fiscal Code: 01579180348 |
|
|
|
Date |
: |
13/12/2001 |
|
|
Project of
splitting-up and tranfer into |
|
|
|
|
|
|
|
|
Carmelitani Scalzi |
, 20 |
, 37122 |
, Verona |
(VR) |
- IT - |
|
|
|
Fiscal Code: 03957410230 |
|
|
|
Date |
Merging/splitting-up project: |
05/10/2011 |
|
|
Splitting-up and
transfer of assets to |
|
|
|
|
|
|
|
|
Carmelitani Scalzi |
, 20 |
, 37122 |
, Verona |
(VR) |
- IT - |
|
|
|
Fiscal Code: 03957410230 |
|
|
|
Date |
Splitting-up: |
20/12/2011 |
Protests
Protests checking on the subject firm has
given a negative result.
Data Base Prejudicial Events
Search
Search performed on a National Scale
|
|
|
Prejudicial
Events Search Result: NEGATIVE |
Search performed on a specialized data base.
Legal Procedures
None reported, standing to the latest
received edition of the Official Publications.
Financial and Economical Analysis
Subject is active since 1991
An eco-fin analysis has been made on the
base od the b/s fo the years 2010, 2011 and 2012.
During the last years, it recorded positive
net results (r.o.e. 23,24% in 2012) thanks to a progressive increase in
turnover (+9,11% in 2012 compared to 2011 and +2,12% in 2011 compared to 2010).
The operating result was positive in the
last financial year (4,55%) falling within the field's average.
The amount of the operating result for the
year 2012 is of Eur. 1.549.351 with an increase of 26,54% if the compared to
the previous financial year.
The economic management produced a gross
operating margin of Eur. 2.122.335 with no sensible increase as against 2011.
The financial position is not well balanced
as the volume of debts is fairly remarkable if compared to shareholder's
equity, in fact total debts are 5,82 which is decreasing.
It's shareholders funds amount to Eur.
4.017.063 with a growth of 30,28% in 2012.
During the last financial year debts
totalled Eur. 26.039.522 (Eur. 2.588.778 of which were m/l term debts) with no
important change.
Both financial indebtedness and suppliers
exposure are rather high even if it still falls within the sector's average.
It shows a good range of liquidity.
On average trade credits are collected in
87,73 days. , that compared to the sector's average is shorter.
Eur. 1.506.673 is the value of cash flow
during the year 2012
Subordinate employment cost is of Eur.
10.610.968, i.e. 28,12% on total production costs. , whereas 26,52% is the
incidence on sales revenues.
If compared to the sales volume (-0,77%),
the impact of the financial charges is limited.
Financial Data
|
|
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
40.012.662 |
|
Profit (Loss) for the period |
933.689 |
|
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
36.669.804 |
|
Profit (Loss) for the period |
333.642 |
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
35.906.732 |
|
Profit (Loss) for the period |
349.466 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
31.685.975 |
|
Profit (Loss) for the period |
30.340 |
|
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
38.174.221 |
|
Profit (Loss) for the period |
190.855 |
Balance Sheets
From our constant monitoring of the relevant
Public Administration offices, no more recent balance sheets result to have
been filed.
|
- Balance Sheet
as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- 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 |
|
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|
|
RATIOS |
Value
Type |
as at 31/12/2012 |
as at 31/12/2011 |
as at 31/12/2010 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,13 |
0,12 |
0,19 |
0,18 |
|
Elasticity Ratio |
Units |
0,86 |
0,87 |
0,80 |
0,80 |
|
Availability of stock |
Units |
0,47 |
0,52 |
0,47 |
0,24 |
|
Total Liquidity Ratio |
Units |
0,39 |
0,34 |
0,33 |
0,48 |
|
Quick Ratio |
Units |
0,00 |
0,03 |
0,00 |
0,03 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
5,82 |
6,38 |
4,03 |
3,25 |
|
Self Financing Ratio |
Units |
0,12 |
0,10 |
0,14 |
0,19 |
|
Capital protection Ratio |
Units |
0,51 |
0,56 |
0,70 |
0,63 |
|
Liabilities consolidation quotient |
Units |
0,28 |
0,39 |
0,45 |
0,19 |
|
Financing |
Units |
6,48 |
7,99 |
5,07 |
3,80 |
|
Permanent Indebtedness Ratio |
Units |
0,31 |
0,35 |
0,41 |
0,36 |
|
M/L term Debts Ratio |
Units |
0,19 |
0,25 |
0,27 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
2,74 |
2,87 |
2,11 |
0,63 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
2,46 |
2,80 |
2,18 |
1,75 |
|
Current ratio |
Units |
1,25 |
1,33 |
1,37 |
1,21 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,57 |
0,53 |
0,56 |
0,81 |
|
Structure's primary quotient |
Units |
0,93 |
0,78 |
0,77 |
1,03 |
|
Treasury's primary quotient |
Units |
0,00 |
0,04 |
0,00 |
0,06 |
|
Rate of indebtedness ( Leverage ) |
% |
848,31 |
1026,43 |
690,15 |
516,42 |
|
Current Capital ( net ) |
Value |
5.888.574 |
6.894.164 |
7.021.760 |
422.465 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
3,77 |
3,15 |
3,61 |
3,35 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
23,24 |
10,82 |
7,46 |
5,13 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
37,64 |
30,33 |
18,73 |
14,77 |
|
Return on Investment ( R.O.I. ) |
% |
4,55 |
3,87 |
3,64 |
4,16 |
|
Return/ Sales |
% |
3,87 |
3,34 |
3,28 |
4,11 |
|
Extra Management revenues/charges incid. |
% |
60,26 |
27,25 |
29,72 |
28,57 |
|
Cash Flow |
Value |
1.506.673 |
1.155.730 |
1.297.980 |
122.482 |
|
Operating Profit |
Value |
1.549.351 |
1.224.368 |
1.175.960 |
144.752 |
|
Gross Operating Margin |
Value |
2.122.335 |
2.046.456 |
2.124.474 |
241.990 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
87,73 |
68,57 |
80,38 |
111,85 |
|
Debts to suppliers average term |
Days |
110,96 |
126,06 |
126,95 |
128,30 |
|
Average stock waiting period |
Days |
143,16 |
163,09 |
153,38 |
80,43 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,17 |
1,16 |
1,11 |
1,08 |
|
Rate of stock return |
Units |
2,51 |
2,21 |
2,35 |
4,45 |
|
Labour cost incidence |
% |
26,52 |
27,66 |
26,78 |
19,12 |
|
Net financial revenues/ charges incidence |
% |
-0,77 |
-0,79 |
-0,83 |
-1,08 |
|
Labour cost on purchasing expenses |
% |
28,12 |
27,36 |
27,97 |
19,02 |
|
Short-term financing charges |
% |
1,26 |
1,20 |
1,30 |
2,68 |
|
Capital on hand |
% |
85,17 |
86,31 |
90,05 |
91,91 |
|
Sales pro employee |
Value |
216.870 |
196.620 |
195.145 |
198.432 |
|
Labour cost pro employee |
Value |
57.512 |
54.388 |
52.252 |
35.779 |
Market / Territory Data
|
Population living in the province |
: |
860.796 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expenses average in the
region (in Eur..) :
|
- per food products |
: |
456 |
|
- per non food products |
: |
2.052 |
|
- per energy consume |
: |
127 |
Sector Data
The values are calculated on a base of 1.206
significant companies.
The companies cash their credits on an
average of 112 dd.
The average duration of suppliers debts is
about 128 dd.
The sector's profitability is on an average
of 3,35%.
The labour cost affects the turnover in the
measure of 19,12%.
Goods are held in stock in a range of 80 dd.
The difference between the sales volume and
the resources used to realize it is about 1,08.
The employees costs represent the 19,02% of
the production costs.
Statistical Detrimental Data
Statistically the trade activity shows
periods of crisis.
The area is statistically considered lowly
risky.
In the region 13.782 protested subjects are
found; in the province they count to 2.673.
The insolvency index for the region is 0,30,
, while for the province it is 0,31.
Total Bankrupt companies in the province :
2.982.
Total Bankrupt companies in the region :
16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.34 |
|
UK Pound |
1 |
Rs.102.06 |
|
Euro |
1 |
Rs.84.46 |
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.