MIRA
INFORM REPORT
|
Report Date : |
28.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
VALTEC ITALIA S.R.L. |
|
|
|
|
Registered Office : |
Via Della Meccanica, 29 Bassona Zai 2, 37100 – |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
17.07.2001 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of paper and cardboard |
|
|
|
|
No. of Employees : |
from 1 to 5 |
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 |
Company name & address
VALTEC ITALIA
S.R.L.
Via Della Meccanica, 29 Bassona Zai 2
37100 – Verona (VR) -IT-
Summary
|
Fiscal Code |
: |
03154270239 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
31/07/2001 |
|
Equity |
: |
750.000 |
|
Turnover Range |
: |
7.750.000/9.000.000 |
|
Number of Employees |
: |
from 1 to 5 |
Activity
Manufacture of paper and cardboard
Legal Data
Legal Form : Limited liability company
|
Fiscal Code : 03154270239 |
|
Chamber of Commerce no. : 149840 of Pistoia |
|
Chamber of Commerce no. : 312879 of Verona since 27/07/2001 |
|
Firms' Register : VR-2001-48106 of Verona |
|
V.A.T. Code : 03154270239 |
|
Establishment date |
: 17/07/2001 |
|
|
Start of Activities |
: 31/07/2001 |
|
|
Legal duration |
: 31/12/2100 |
|
|
Nominal Capital |
: 60.000 |
|
|
Subscribed Capital |
: 60.000 |
|
|
Paid up Capital |
: 60.000 |
|
Members
|
|
Piazzon |
Emiliano |
|
|
|
Born in Camisano Vicentino |
(VI) |
on 30/09/1957 |
- Fiscal Code : PZZMLN57P30B485I |
|
|
|
Residence: |
|
Tasca |
, 134 |
- 35010 |
San Pietro in Gu |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
28/04/2012 |
|
|
|
Managing Director |
28/04/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
De Gara |
Giorgio |
|
|
|
Born in Verona |
(VR) |
on 03/03/1966 |
- Fiscal Code : DGRGRG66C03L781G |
|
|
|
Residence: |
|
Della Meccanica |
, 29 |
- 37139 |
Verona |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
28/04/2012 |
|
|
|
Board Chairman |
28/04/2012 |
|
|
|
Director |
28/04/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Sissa |
Corinna |
|
|
|
Born in Moglia |
(MN) |
on 29/02/1952 |
- Fiscal Code : SSSCNN52B69F267W |
|
|
|
Residence: |
|
Golosine |
, 160 |
- 37136 |
Verona |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
05/02/2009 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Furri |
Andrea |
|
|
|
Born in Bussolengo |
(VR) |
on 25/06/1971 |
- Fiscal Code : FRRNDR71H25B296Z |
|
|
|
Residence: |
|
Enrico Fermi |
, 3B |
- 37060 |
Sona |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
28/04/2012 |
|
|
|
Director |
28/04/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
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.
|
|
De Gara |
Giorgio |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Pidigi Spa |
Verona (VR) - IT - |
00215260233 |
Director |
Active |
Registered |
|
Pidigi Spa |
Verona (VR) - IT - |
00215260233 |
Procurator |
Active |
Registered |
|
Pidigi Spa |
Verona (VR) - IT - |
00215260233 |
Managing Director |
Active |
Registered |
|
Despa S.p.a. |
Verona (VR) - IT - |
00927130179 |
Director |
Active |
Registered |
|
Despa S.p.a. |
Verona (VR) - IT - |
00927130179 |
Managing Director |
Active |
Registered |
|
De Gara S.r.l. |
Montichiari (BS) - IT - |
01174320174 |
Director |
Active |
Registered |
|
Arianna S.r.l. |
Darfo Boario Terme (BS) - IT - |
01730650171 |
Director |
Active |
Registered |
|
Mtv - Microtecnica Veronese - Societa' AResponsabilita' Limitata
Oppure Con Sig |
Verona (VR) - IT - |
01965690231 |
Director |
Withdrawn |
Registered |
|
Ledrover Srl |
Verona (VR) - IT - |
01383890231 |
Director |
Active |
Registered |
|
Ledrover Srl |
Verona (VR) - IT - |
01383890231 |
Managing Director |
Active |
Registered |
|
Delga S.p.a. |
Montichiari (BS) - IT - |
02449760988 |
Director |
Active |
Registered |
|
Delga S.p.a. |
Montichiari (BS) - IT - |
02449760988 |
Managing Director |
Active |
Registered |
|
Delga S.p.a. |
Montichiari (BS) - IT - |
02449760988 |
Board Chairman |
Active |
Registered |
|
Delios S.p.a. |
Verona (VR) - IT - |
03549980237 |
Director |
Active |
Registered |
|
Delios S.p.a. |
Verona (VR) - IT - |
03549980237 |
Managing Director |
Active |
Registered |
|
Immobiliare Despa S.r.l. |
Montichiari (BS) - IT - |
03380030985 |
Director |
Active |
Registered |
|
De Gara Firenze S.r.l. |
Sesto Fiorentino (FI) - IT - |
06401910481 |
Director |
Active |
Registered |
|
Gruppo Sportivo Adige Associazione Sportiva Dilettantistica |
Verona (VR) - IT - |
93179600239 |
Vice-Chairman |
Active |
Registered |
|
|
Piazzon |
Emiliano |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Huber Italia S.p.a. |
Bolzano Vicentino (VI) - IT - |
02502660240 |
Attorney with special power |
Withdrawn |
Registered |
|
Epack Di Emiliano Piazzon |
San Pietro in Gu (PD) - IT - |
PZZMLN57P30B485I |
Proprietor |
Active |
Registered |
|
|
Furri |
Andrea |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Pidigi Spa |
Verona (VR) - IT - |
00215260233 |
Procurator |
Active |
Registered |
|
Mtv - Microtecnica Veronese - Societa' AResponsabilita' Limitata
Oppure Con Sig |
Verona (VR) - IT - |
01965690231 |
Director |
Withdrawn |
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 |
|
Piazzon Emiliano |
San Pietro in Gu - IT - |
PZZMLN57P30B485I |
18.000 .Eur |
30,00 |
|
Delios S.p.a. |
|
03549980237 |
26.000 .Eur |
43,33 |
|
Pidigi Spa |
|
00215260233 |
16.000 .Eur |
26,67 |
Direct Participations
The Company under review has no participations in other Companies.
Firm's location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and
operative seat |
|
|
|
|
|
|
|
Della Meccanica - Bassona Zai 2 |
, 29 |
- 37100 |
- Verona |
(VR) |
- IT - |
|
|
|
|
PHONE |
: 0459216845 |
|
|
|
|
PHONE |
: 0459216803 |
|
- |
Branch |
(Store) |
since 10/05/2004 |
|
|
|
|
|
|
Della Meccanica - Bassona Zai 2 |
, 29 |
- 37100 |
- Verona |
(VR) |
- IT - |
|
|
|
|
PHONE |
: 0573919040 |
|
|
|
|
FAX |
: 0573918119 |
|
- |
Branch |
(Factory) |
since 31/07/2001 |
|
|
|
|
|
|
Palazzi |
, 4 |
- 51030 |
- Serravalle Pistoiese |
(PT) |
- IT - |
|
|
|
|
Employees |
: 1 |
|
Stocks for a value of 54.000 |
Eur |
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 2001
The analysis is based on the latest 3 balance sheets.
During the last years, it recorded positive net results (r.o.e. 22,21%
in 2012) with a remarkable upward trend (+22,05% on 2012 compared to 2011 and
+73,16% on 2011 compared to 2010).
The operating result in 2012 was positive (8,6%) and reflects the
field's average.
The operating result is positive and amounts to Eur. 237.921 on stable
levels if compared to the previous year.
The G.O.M. amounted to Eur. 245.769 on the same levels as the previous
financial year.
The financial status of the company is fairly balanced with an
indebtedness level of 3,08 and decreasing as against 2011.
The management generated equity capital for an amount of Eur. 508.161 ,
with an upward trend.
Total debts (both short and M/L term) equals Eur. 2.257.092, , with no
sensible variation.
Bank and suppliers credit recourse is limited, 69,11 gg. is payment
average period which is also lower than the sector average.
The liquidity level is positive (1,22).
Accounts receivable average term is 79,83 days. , a value lower than the
sector's average.
As far as the cash flow is concerned during the latest financial year it
amounted to Eur. 120.724
Labour cost amounts to Eur. 36.979, with a 0,47% incidence on production
costs. , whereas the incidence of such costs on sales revenues is equal to
0,46%.
The financial management has a limited economic impact, equal to -0,86%
on the sales.
Financial Data
|
|
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
8.122.257 |
|
Profit (Loss) for the period |
112.876 |
|
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
6.654.729 |
|
Profit (Loss) for the period |
272.316 |
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
3.842.921 |
|
Profit (Loss) for the period |
91.194 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
2.037.152 |
|
Profit (Loss) for the period |
-26.345 |
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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|
|
PROFIT AND LOSS
ACCOUNTS |
|
VALUE OF
PRODUCTION |
|
|
|
|
. Revenues from sales and services |
8.122.257 |
6.654.727 |
3.842.921 |
|
. Changes in work in progress |
-85.343 |
101.830 |
-30.297 |
|
. Changes in semi-manufact. products |
|
|
|
|
. Capitalization of internal work |
|
|
|
|
. Other income
and revenues |
11.496 |
3.565 |
17.899 |
|
. . Contributions for operating expenses |
|
|
|
|
. . Different income and revenues |
11.496 |
3.565 |
17.899 |
|
Total value of
production |
8.048.410 |
6.760.122 |
3.830.523 |
|
PRODUCTION COSTS |
|
|
|
|
. Raw material,other materials and consum. |
7.059.245 |
5.912.879 |
3.348.437 |
|
. Services received |
685.891 |
532.509 |
328.177 |
|
. Leases and rentals |
3.628 |
1.200 |
|
|
. Payroll and
related costs |
36.979 |
21.524 |
|
|
. . Wages and salaries |
27.057 |
18.239 |
|
|
. . Social security contributions |
8.182 |
2.758 |
|
|
. . Employee termination indemnities |
1.740 |
527 |
|
|
. . Pension and similar |
|
|
|
|
. . Other costs |
|
|
|
|
. Amortization and
depreciation |
7.848 |
7.674 |
|
|
. . Amortization of intangible fixed assets |
|
|
|
|
. . Amortization of tangible fixed assets |
1.000 |
|
|
|
. . Depreciation of tangible fixed assets |
|
|
|
|
. . Writedown of current receiv.and of liquid |
6.848 |
|
|
|
. Changes in raw
materials |
|
|
|
|
. Provisions to
risk reserves |
|
|
|
|
. Other
provisions |
|
|
|
|
. Other
operating costs |
16.898 |
2.705 |
10.192 |
|
Total production
costs |
7.810.489 |
6.478.491 |
3.686.806 |
|
Diff. between
value and cost of product. |
237.921 |
281.631 |
143.717 |
|
FINANCIAL INCOME
AND EXPENSE |
|
|
|
|
. Income from
equity investments |
|
|
|
|
. . In subsidiary companies |
|
|
|
|
. . In associated companies |
|
|
|
|
. . In other companies |
|
|
|
|
. Other
financial income |
15.579 |
15.537 |
6.637 |
|
. .
Financ.income from receivables |
|
|
|
|
. . . Towards subsidiary companies |
|
|
|
|
. . . Towards associated companies |
|
|
|
|
. . . Towards holding companies |
|
|
|
|
. . . Towards other companies |
|
|
|
|
. .
Financ.income from secur. t.f.assets |
|
|
|
|
. .
Financ.income from secur. cur.assets |
|
|
|
|
. .
Financ.income other than the above |
|
15.537 |
6.637 |
|
. . . - Subsidiary companies |
|
|
|
|
. . . - Associated companies |
|
|
|
|
. . . - Holding companies |
|
|
|
|
. . . - Other companies |
|
15.537 |
|
|
. Interest and
other financial expense |
-85.560 |
94.976 |
-16.879 |
|
. . Towards subsidiary companies |
|
|
|
|
. . Towards associated companies |
|
|
|
|
. . Towards holding companies |
|
|
|
|
. . Towards other companies |
|
-94.976 |
|
|
Total financial
income and expense |
-69.981 |
110.513 |
-10.242 |
|
ADJUSTMENTS TO
FINANCIAL ASSETS |
|
|
|
|
. Revaluations |
|
|
|
|
. . Of equity investments |
|
|
|
|
. . Of financ.fixed assets not repres.E.I. |
|
|
|
|
. . Of securities incl.among current assets |
|
|
|
|
. Devaluation |
|
|
|
|
. . Of equity investments |
|
|
|
|
. . Of financial fixed assets (no equity inv) |
|
|
|
|
. . Of securities included among current ass |
|
|
|
|
Total
adjustments to financial assets |
|
|
|
|
EXTRAORDINARY
INCOME AND EXPENSE |
|
|
|
|
. Extraordinary
income |
|
|
|
|
. . Gains on disposals |
|
|
|
|
. . Other extraordinary income |
|
|
|
|
. Extraordinary
expense |
|
|
|
|
. . Losses on disposals |
|
|
|
|
. . Taxes relating to prior years |
|
|
|
|
. . Other extraordinary expense |
|
|
|
|
Total extraordinary
income and expense |
|
|
|
|
Results before
income taxes |
167.940 |
392.144 |
133.475 |
|
. Taxes on
current income |
55.064 |
119.828 |
42.281 |
|
. . current taxes |
70.708 |
107.756 |
25.488 |
|
. . differed taxes(anticip.) |
-15.644 |
12.072 |
16.793 |
|
. Net income for the period |
112.876 |
272.316 |
91.194 |
|
. Adjustments in tax regulations pursuance |
|
|
|
|
. Provisions in tax regulations pursuance |
|
|
|
|
. Profit (loss)
of the year |
112.876 |
272.316 |
91.194 |
|
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 |
0,00 |
n.c. |
n.c. |
0,43 |
|
Elasticity Ratio |
Units |
1,00 |
1,00 |
1,00 |
0,55 |
|
Availability of stock |
Units |
0,02 |
0,05 |
0,03 |
0,12 |
|
Total Liquidity Ratio |
Units |
0,98 |
0,95 |
0,97 |
0,40 |
|
Quick Ratio |
Units |
0,25 |
0,07 |
0,20 |
0,01 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
3,08 |
5,36 |
2,47 |
1,49 |
|
Self Financing Ratio |
Units |
0,18 |
0,14 |
0,23 |
0,29 |
|
Capital protection Ratio |
Units |
0,66 |
0,16 |
0,57 |
0,76 |
|
Liabilities consolidation quotient |
Units |
0,00 |
0,00 |
n.c. |
0,29 |
|
Financing |
Units |
4,44 |
5,86 |
3,34 |
2,09 |
|
Permanent Indebtedness Ratio |
Units |
0,18 |
0,14 |
0,23 |
0,47 |
|
M/L term Debts Ratio |
Units |
0,00 |
0,00 |
n.c. |
0,13 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
n.c. |
0,00 |
0,66 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
56,71 |
n.c. |
n.c. |
1,13 |
|
Current ratio |
Units |
1,22 |
1,18 |
1,30 |
1,18 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,20 |
1,12 |
1,26 |
0,81 |
|
Structure's primary quotient |
Units |
56,46 |
n.c. |
n.c. |
0,65 |
|
Treasury's primary quotient |
Units |
0,31 |
0,09 |
0,26 |
0,02 |
|
Rate of indebtedness ( Leverage ) |
% |
544,68 |
693,27 |
435,05 |
347,40 |
|
Current Capital ( net ) |
Value |
501.750 |
423.934 |
305.173 |
277.456 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
1,49 |
4,21 |
2,37 |
3,75 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
22,21 |
68,89 |
30,10 |
0,03 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
33,05 |
99,21 |
44,06 |
0,71 |
|
Return on Investment ( R.O.I. ) |
% |
8,60 |
10,28 |
10,90 |
2,25 |
|
Return/ Sales |
% |
2,93 |
4,23 |
3,74 |
2,41 |
|
Extra Management revenues/charges incid. |
% |
47,44 |
96,69 |
63,45 |
15,06 |
|
Cash Flow |
Value |
120.724 |
279.990 |
91.194 |
375.939 |
|
Operating Profit |
Value |
237.921 |
281.631 |
143.717 |
75.030 |
|
Gross Operating Margin |
Value |
245.769 |
289.305 |
143.717 |
984.767 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
79,83 |
n.c. |
77,81 |
115,37 |
|
Debts to suppliers average term |
Days |
69,11 |
n.c. |
87,14 |
130,42 |
|
Average stock waiting period |
Days |
2,38 |
7,52 |
3,49 |
51,55 |
|
Rate of capital employed return ( Turnover ) |
Units |
2,93 |
2,43 |
2,92 |
0,94 |
|
Rate of stock return |
Units |
151,09 |
47,84 |
103,11 |
6,98 |
|
Labour cost incidence |
% |
0,46 |
0,32 |
n.c. |
14,75 |
|
Net financial revenues/ charges incidence |
% |
-0,86 |
1,66 |
-0,27 |
-2,34 |
|
Labour cost on purchasing expenses |
% |
0,47 |
0,33 |
n.c. |
14,06 |
|
Short-term financing charges |
% |
3,79 |
n.c. |
1,67 |
3,03 |
|
Capital on hand |
% |
34,08 |
41,18 |
34,30 |
105,97 |
|
Sales pro employee |
Value |
8.122.257 |
|
|
268.685 |
|
Labour cost pro employee |
Value |
36.979 |
|
|
34.580 |
Remarks
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 |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
860.796Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
|
|
- per non food products |
: |
|
|
- per energy consume |
: |
|
Sector Data
The values are calculated on a base of 210 significant companies.
The companies cash their credits on an average of 115 dd.
The average duration of suppliers debts is about 130 dd.
The sector's profitability is on an average of 3,75%.
The labour cost affects the turnover in the measure of 14,75%.
Goods are held in stock in a range of 52 dd.
The difference between the sales volume and the resources used to
realize it is about 0,94.
The employees costs represent the 14,06% of the production costs.
Statistical Detrimental Data
Statistcally 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.62.06 |
|
|
1 |
Rs.102.03 |
|
Euro |
1 |
Rs.85.27 |
INFORMATION DETAILS
|
Report Prepared
by : |
NNA |
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.