|
Report Date : |
24.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
OFFICINE FACCO E C. - S.P.A |
|
|
|
|
Registered Office : |
Via Venezia, 30 Marsango 35010 - Campo San Martino (PD) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
07.04.1961 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
· Manufacture of metal structures and structure parts · Manufacture of products iron, copper and other metals ·
Manufacture of agricultural and silviculture
machinery |
|
|
|
|
No. of Employees : |
From 71 to 90 |
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 |
|
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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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
OFFICINE FACCO E C. -
S.P.A
Via Venezia, 30 Marsango
35010 - Campo San Martino (PD) -IT-
|
Fiscal Code |
: |
00202900288 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
07/04/1961 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
100.000.000/150.000.000 |
|
Number of Employees |
: |
from 71 to 90 |
Manufacture of metal structures and structure parts
Manufacture of products iron, copper and other metals
Manufacture of agricultural and silviculture machinery
Legal Form : Joint stock company
|
Fiscal Code : 00202900288 |
|
Foreign Trade Reg. no. : PD012193 since 30/12/1991 |
|
Foreign Trade Reg. no. : 12193 of Padova since 30/12/1991 |
|
Chamber of Commerce no. : 87132 of Padova since 21/04/1961 |
|
Firms' Register : PD060-4880 of Padova since 19/02/1996 |
|
V.A.T. Code : 00202900288 |
|
Tribunal Co. Register : 4480 of |
|
Foundation date |
: 02/03/1961 |
|
|
Establishment date |
: 02/03/1961 |
|
|
Start of Activities |
: 07/04/1961 |
|
|
Legal duration |
: 31/12/2030 |
|
|
Nominal Capital |
: 7.000.000 |
|
|
Subscribed Capital |
: 7.000.000 |
|
|
Paid up Capital |
: 7.000.000 |
|
|
Finco |
Massimo |
|
|
Born in Padova |
(PD) |
on 29/10/1958 |
- Fiscal Code : FNCMSM58R29G224L |
|
|
Residence: |
|
Umberto I, 36 Int.6 |
- 35122 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
11/07/2013 |
|
|
|
Board Chairman |
11/07/2013 |
|
|
|
Managing Director |
13/07/2013 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Finco |
Luigi |
|
|
Born in Campo San Martino |
(PD) |
on 14/08/1927 |
- Fiscal Code : FNCLGU27M14B564Q |
|
|
Residence: |
|
Caselle |
, 1 |
- 35010 |
Campo San Martino |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
11/07/2013 |
|
|
|
No Prejudicial events are reported |
|
Poppi |
Mario |
|
|
Born in San Giorgio in Bosco |
(PD) |
on 10/09/1949 |
- Fiscal Code : PPPMRA49P10H897M |
|
|
Residence: |
|
San Nicolo' |
, 6 |
- 35010 |
San Giorgio in Bosco |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
01/06/2000 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Finco |
Luca |
|
|
Born in Campo San Martino |
(PD) |
on 16/12/1967 |
- Fiscal Code : FNCLCU67T16B564S |
|
|
Residence: |
|
Caselle |
, 1 |
- 35010 |
Campo San Martino |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
11/07/2013 |
|
|
|
Sarzo |
Flavio |
|
|
Born in Curtarolo |
(PD) |
on 29/04/1960 |
- Fiscal Code : SRZFLV60D29D226W |
|
|
Residence: |
|
Sant'antonio |
, 34 |
- 35010 |
Campo San Martino |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
22/11/2004 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Finco |
Elisa |
|
|
Born in Camposampiero |
(PD) |
on 18/02/1983 |
- Fiscal Code : FNCLSE83B58B563B |
|
|
Residence: |
|
Umberto I |
, 36 |
- 35122 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
11/07/2013 |
|
|
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.
|
Finco |
Massimo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Arneg S.p.a. |
Campo San Martino (PD) - IT - |
00220200281 |
Director |
Active |
Registered |
|
Tecno Pool S.p.a. |
San Giorgio in Bosco (PD) - IT - |
01822250286 |
Chairman |
Withdrawn |
Registered |
|
Finmix s.a.s. di Luigi Finco e C. |
Padova (PD) - IT - |
00794340281 |
Managing Director |
Withdrawn |
Registered |
|
Flexy Societa' A Responsabilita' Limitata Con Sigla Flexy S.r.l. |
Curtarolo (PD) - IT - |
03340620289 |
Director |
Active |
Registered |
|
Flexy Societa' A Responsabilita' Limitata Con Sigla Flexy S.r.l. |
Curtarolo (PD) - IT - |
03340620289 |
Board Chairman |
Active |
Registered |
|
Alit S.r.l. |
Santa Giustina in Colle (PD) - IT - |
03360680288 |
Director |
Withdrawn |
Registered |
|
Alit S.r.l. |
Santa Giustina in Colle (PD) - IT - |
03360680288 |
Board Chairman |
Withdrawn |
Registered |
|
FINANZIARIA AGRO INDUSTRIALE - SOCIETA'A RESPONSABILITA' LIMITATA (CON SIGLA "F |
Campo San Martino (PD) - IT - |
01277590285 |
Director |
Withdrawn |
Registered |
|
COMES COMMERCIALE S.R.L. |
Campo San Martino (PD) - IT - |
00794320283 |
Sole Director |
Withdrawn |
Registered |
|
COSMA COMMERCIALE S.R.L. |
Campo San Martino (PD) - IT - |
00794330282 |
Sole Director |
Withdrawn |
Registered |
|
Finco Massimo |
Padova (PD) - IT - |
FNCMSM58R29G224L |
Proprietor |
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.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Finco Massimo |
Padova - IT - |
FNCMSM58R29G224L |
4.060.000 .Eur |
58,00 |
|
Finco Luca |
Campo San Martino - IT - |
FNCLCU67T16B564S |
1.890.000 .Eur |
27,00 |
|
Finmix Societa' In Accomandita Semplice Di Luigi Finco E C. In Sigla Finmix S.a. |
|
00794340281 |
1.050.000 .Eur |
15,00 |
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 |
|
Sapi S.p.a. |
Padova - IT - |
00667110282 |
7.650 .Eur |
0,27 |
|
|
Active |
|
Centro Sportivo Petrarca, *impianti Rugb y Padova S.p.a. |
Padova - IT - |
01586460287 |
2.790 .Eur |
0,12 |
|
|
Active |
|
Tecnostudio S.R.L. |
San Giorgio in Bosco - IT - |
02144080286 |
4.080 .Eur |
40,00 |
|
|
Active |
|
Flexy Societa' A Responsabilita' Limitat a Con Sigla Flexy S.r.l. |
Curtarolo - IT - |
03340620289 |
15.600 .Eur |
30,00 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the firm uses the following locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
|
Venezia Fraz. Marsango |
, 30 |
- 35010 |
- Campo San Martino |
(PD) |
- IT - |
|
|
|
|
PHONE |
: 0499630588 |
|
|
|
|
PHONE |
: 0499698111 |
|
|
|
|
FAX |
: 0499630605 |
|
- |
Branch |
(Warehouse) |
since 01/06/2000 |
|
|
|
|
|
|
Caduti Di Russia |
, 17 |
- 35010 |
- Curtarolo |
(PD) |
- IT - |
|
- |
Branch |
(Workshop) |
since 09/06/1997 |
until 10/06/1999 |
|
|
|
|
|
|
E. Vanoni |
, 2 |
- 35010 |
- Curtarolo |
(PD) |
- IT - |
|
|
|
|
Employees |
: 81 |
|
Fittings and Equipment for a value of 560.000 |
Eur |
|
Stocks for a value of 20.330.000 |
Eur |
|
Furniture and fittings for a value of 150.000 |
Eur |
|
Vehicles for a value of 770.000 |
Eur |
|
Work in progress for a value of 1.960.000 |
Eur |
|
|
The firm operates abroad as importer / exporter..
Export represents more than 50% of the global turnover.
Products abroad are placed by :
|
- its own foreign branches |
|
- direct orders from foreign companies |
Import comes generally from the following nations:
|
- Italy |
|
- Hungary |
Export is mainly towards:
|
- Etiopia |
Historical Information and/or Firm's Status
|
Former legal form |
New legal form |
Changement Date |
|
General partnership |
Joint stock company |
10/09/1974 |
|
Zucchelli |
Riccardo |
|
|
Born in Binasco |
(MI) |
on 21/01/1932 |
- Fiscal Code : ZCCRCR32A21A872I |
|
|
Residence: |
|
Calle Pace |
, 28 |
- 35031 |
Abano Terme |
(PD) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Finco |
Luigi |
|
|
Born in Campo San Martino |
(PD) |
on 14/08/1927 |
- Fiscal Code : FNCLGU27M14B564Q |
|
|
Residence: |
|
Caselle |
, 1 |
- 35010 |
Campo San Martino |
(PD) |
- IT - |
|
Ex-Postions |
|
Chairman and Managing Director |
|
Finco |
Luigi |
|
|
Born in CAMPO SAN MARTINO |
(PD) |
on 14/08/1927 |
- Fiscal Code : FNCLGU27M14B564Q |
|
|
Residence: |
|
CASELLE |
, 1 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Director |
|
Finco |
Luigi |
|
|
Born in Campo San Martino |
(PD) |
on 14/08/1927 |
- Fiscal Code : FNCLGU27M14B564Q |
|
Ex-Postions |
|
Director |
|
Finco |
Luigi |
|
|
Born in CAMPO SAN MARTINO |
(PD) |
on 14/08/1927 |
- Fiscal Code : FNCLGU27M14B564Q |
|
|
Residence: |
|
CASELLE, |
- 35010 |
Campo San Martino |
(PD) |
- IT - |
|
Ex-Postions |
|
Director |
|
Facco |
Eugenio |
|
|
Born in Campo San Martino |
(PD) |
on 13/03/1922 |
- Fiscal Code : FCCGNE22C13B564V |
|
Ex-Postions |
|
Vice-Chairman |
|
Bellato |
Giampaolo |
|
|
Born in Borgoricco |
(PD) |
on 12/10/1946 |
- Fiscal Code : BLLGPL46R12B031R |
|
|
Residence: |
|
Sondrio |
, 1 |
- 35143 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
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.
Subject is active since 1961
The analysis is based on the latest 3 balance sheets.
During the last years, it achieved profits (r.o.e. 8,17% on 2012) with a remarkable upward trend (+89,97% on 2012 compared to 2011 and +8,88% on 2011 compared to 2010).
The return on Investment in the last financial year was positive (3,63%) and in line with the sector's average.
The operating result is positive and amounts to Eur. 2.956.944 ,showing stability in respect to the value of 2011.
During the latest financial year the gross operating margin amounted to Eur. 4.066.390 ,with no change if compared to the year before.
The ratio between shareholder's equity and borrowed capital is not well balanced, the indebtedness level is equal to 4,33 but on the decrease if compared to the year before.
Subject can manage an equity capital funds for an amount of Eur. 14.313.494 , stable in comparison with the value of the previous year.
Total indebtedness was equal to Eur. 64.250.857 (Eur. 77.760 was the value of m/l term debts) as opposed to Eur. 89.251.319 in 2011, with a decrease equal to -28,01%.
The recourse to bank credit is slightly high and also borrowings from suppliers appear to be high, with an average payment period equal to 127,74 gg. even if it still falls within the sector's average.
The available funds are good.
Trade credits average terms are slow, on average 94,44 days. but in line with the sector.
As far as the cash flow is concerned during the latest financial year it amounted to Eur. 2.278.511
Labour cost amounts to Eur. 5.229.355, with a 4,47% incidence on production costs. , whereas the incidence on sales revenues is of 3,49%.
The financial management has a limited economic impact, equal to -0,71% on the sales.
|
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
149.695.947 |
|
Profit (Loss) for the period |
1.169.065 |
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
78.797.473 |
|
Profit (Loss) for the period |
1.189.517 |
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
72.370.325 |
|
Profit (Loss) for the period |
1.106.887 |
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
44.822.591 |
|
Profit (Loss) for the period |
469.938 |
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
45.407.361 |
|
Profit (Loss) for the period |
578.030 |
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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 |
0,11 |
0,07 |
0,10 |
0,28 |
|
Elasticity Ratio |
Units |
0,87 |
0,89 |
0,87 |
0,69 |
|
Availability of stock |
Units |
0,25 |
0,50 |
0,39 |
0,18 |
|
Total Liquidity Ratio |
Units |
0,62 |
0,40 |
0,47 |
0,47 |
|
Quick Ratio |
Units |
0,03 |
0,04 |
0,07 |
0,02 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
4,33 |
6,16 |
4,20 |
2,32 |
|
Self Financing Ratio |
Units |
0,18 |
0,13 |
0,18 |
0,23 |
|
Capital protection Ratio |
Units |
0,43 |
0,41 |
0,40 |
0,74 |
|
Liabilities consolidation quotient |
Units |
0,02 |
0,01 |
0,02 |
0,24 |
|
Financing |
Units |
4,49 |
6,44 |
4,58 |
2,86 |
|
Permanent Indebtedness Ratio |
Units |
0,19 |
0,14 |
0,19 |
0,42 |
|
M/L term Debts Ratio |
Units |
0,01 |
0,01 |
0,02 |
0,13 |
|
Net Financial Indebtedness Ratio |
Units |
1,18 |
0,55 |
0,07 |
0,91 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,73 |
1,95 |
1,88 |
1,37 |
|
Current ratio |
Units |
1,10 |
1,06 |
1,08 |
1,21 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,79 |
0,47 |
0,59 |
0,84 |
|
Structure's primary quotient |
Units |
1,60 |
1,80 |
1,72 |
0,86 |
|
Treasury's primary quotient |
Units |
0,03 |
0,04 |
0,08 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
568,94 |
764,10 |
569,55 |
422,49 |
|
Current Capital ( net ) |
Value |
6.581.891 |
5.161.106 |
4.937.326 |
281.462 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
1,52 |
2,47 |
2,42 |
3,68 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
8,17 |
8,58 |
8,23 |
3,84 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
14,39 |
17,51 |
14,61 |
12,87 |
|
Return on Investment ( R.O.I. ) |
% |
3,63 |
3,31 |
3,65 |
4,59 |
|
Return/ Sales |
% |
1,98 |
4,44 |
3,86 |
4,38 |
|
Extra Management revenues/charges incid. |
% |
39,54 |
33,97 |
39,62 |
22,35 |
|
Cash Flow |
Value |
2.278.511 |
1.942.471 |
1.754.323 |
131.799 |
|
Operating Profit |
Value |
2.956.944 |
3.501.175 |
2.793.956 |
134.410 |
|
Gross Operating Margin |
Value |
4.066.390 |
4.254.129 |
3.441.392 |
257.621 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
94,44 |
145,10 |
126,11 |
106,38 |
|
Debts to suppliers average term |
Days |
127,74 |
136,66 |
173,10 |
123,44 |
|
Average stock waiting period |
Days |
48,89 |
239,76 |
150,36 |
62,20 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,84 |
0,74 |
0,95 |
1,07 |
|
Rate of stock return |
Units |
7,36 |
1,50 |
2,39 |
5,77 |
|
Labour cost incidence |
% |
3,49 |
5,89 |
5,43 |
17,51 |
|
Net financial revenues/ charges incidence |
% |
-0,71 |
-0,82 |
-1,15 |
-1,55 |
|
Labour cost on purchasing expenses |
% |
4,47 |
4,91 |
6,45 |
17,84 |
|
Short-term financing charges |
% |
2,01 |
0,91 |
1,45 |
3,12 |
|
Capital on hand |
% |
54,40 |
134,39 |
105,80 |
93,68 |
|
Sales pro employee |
Value |
2.079.110 |
543.430 |
593.199 |
193.450 |
|
Labour cost pro employee |
Value |
72.629 |
32.026 |
32.233 |
33.229 |
1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.
2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.
3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.
Market / Territory
Data
|
Population living in the province |
: |
882.779 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expences 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 1.399 significant companies.
The companies cash their credits on an average of 106 dd.
The average duration of suppliers debts is about 123 dd.
The sector's profitability is on an average of 3,68%.
The labour cost affects the turnover in the measure of 17,51%.
Goods are held in stock in a range of 62 dd.
The difference between the sales volume and the resources used to realize it is about 1,07.
The employees costs represent the 17,84% of the production costs.
Statistical
Detrimental Data
Statistcally the trade activity shows periods of crisis.
The area is statistically considered moderately risky.
In the region 13.782 protested subjects are found; in the province they count to 2.646.
The insolvency index for the region is 0,30, , while for the province it is 0,30.
Total Bankrupt companies in the province : 3.821.
Total Bankrupt companies in the region : 16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.99 |
|
|
1 |
Rs.101.37 |
|
Euro |
1 |
Rs.84.82 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIS |
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.