MIRA INFORM REPORT
|
Report Date : |
23.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
PRENDAS DEPORTIVAS PAUMARC SL |
|
|
|
|
Registered Office : |
Calle Alqueria De Ropilla (Pg Ind El Brac), 9 B 46131 Bonrepos I Mirambell Valencia |
|
|
|
|
Country : |
Spain |
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|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
01.01.1992 |
|
|
|
|
Legal Form : |
Limited Liability Company |
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|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
6 |
RATING & COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
Spain |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SPAIN - ECONOMIC OVERVIEW
spain's mixed capitalist economy is the 13th largest
in the world, and its per capita income roughly matches that of Germany and
France. However, 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 0.1% in 2010, before turning positive in 2011, making Spain the
last major economy to emerge from the global recession. The reversal in
Spain''s economic growth reflected a significant decline in construction amid
an oversupply of housing and falling consumer spending, while exports actually
have begun to grow. Government efforts to boost the economy through stimulus
spending, extended unemployment benefits, and loan guarantees did not prevent a
sharp rise in the unemployment rate, which rose from a low of about 8% in 2007
to over 20% in 2011. The government budget deficit worsened from 3.8% of GDP in
2008 to 9.2% of GDP in 2010, more than three times the euro-zone limit. Madrid
cut the deficit to 8.5% of GDP in 2011, a larger deficit than the 6% target
negotiated between Spain and the EU. Spain''s large budget deficit and poor
economic growth prospects have made it vulnerable to financial contagion from
other highly-indebted euro zone members despite the government''s efforts to
cut spending, privatize industries, and boost competitiveness through labor
market reforms. Spanish banks'' high exposure to the collapsed domestic
construction and real estate market also poses a continued risk for the sector.
The government oversaw a restructuring of the savings bank sector in 2010, and
provided some $15 billion in capital to various institutions. Investors remain
concerned that Madrid may need to bail out more troubled banks. The Bank of
Spain, however, is seeking to boost confidence in the financial sector by
pressuring banks to come clean about their losses and consolidate into stronger
groups.
Source
: CIA
Company name
PRENDAS DEPORTIVAS PAUMARC SL
CIF/NIF: B97248843
Company situation: Active
EXECUTIVE SUMMARY
Identification
Current Business Name: PRENDAS DEPORTIVAS PAUMARC SL
Commercial name: ROSKVA
Other names: NO
Current Address: CALLE ALQUERIA DE ROPILLA (PG
IND EL BRAC), 9 - B
46131 BONREPOS I MIRAMBELL VALENCIA
Telephone number: 961869118 Fax: 961861825
URL: www.roskva.com
Trade Risk
Credit appraisal: 10.000,00
Incidents: YES
R.A.I.: NO
EXPERIAN BUREAU EMPRESARIAL Bank and Multi - sectorial Defaults of
Payment: YES
Financial Information
Balance sheet latest sales (2011): 584.028,77 (Mercantile Register)
Result: 16.697,73
Total Assets: 718.171,05
Share capital: 10.000,00
Employees: 6
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 06/09/2002
Activity: Mfg. of outerwear
NACE 2009 CODE: 1413
International Operations: Imports
Corporate Structure
Sole Administrator:
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2011
Latest act published in BORME: 20/09/2011 Annual Filed Accounts
Latest press article: No press articles registered
Bank Entities: There are not
Financial situation
|
Exercise:2011 |
Evolution |
|||
|
Immediate
liquidity |
Very degraded |
|
|
|
|
Indebtedness |
Important |
|
|
|
|
Profitability |
Sufficient |
|
|
|
|
Soundness |
Excellent |
|
|
|
Performance
|
Incidents |
Occasional |
|
Business
Trajectory |
Good |
Rating Explanation
Financial situation
The companys financial situation is normal.
The companys financial situation evolution has
been stable.
The sales evolution and results has
been positive.
Company Structure
The companys capitalization degree determines that
its structure is normal.
The companys size is very
small depending on its sales volume.
The employees evolution has been negative.
Performance and Incidences
The available information indicates that the
company does have some barely significant 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 |
|
07/01/2013 |
Equal |
8 |
There has been a variation in the affected
parties of the companys non-payments information. |
|
30/11/2012 |
Reduction |
8 |
There has been a change in the formula version. |
|
12/11/2012 |
Equal |
15 |
There has been a variation in the affected
parties of the companys non-payments information. |
|
29/10/2012 |
Equal |
15 |
There has been a variation in the affected
parties of the companys non-payments information.
Variation in the rating system with regards to
legal incidences information. |
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: 2 ( Last:28/09/2009 , first:
01/09/2008 )
|
|
|
|
|
With the Social Security: |
1 |
|
|
With the Tax Authorities: |
1 |
|
|
With Other Official bodies: |
0 |
|
AFFECTED BY: No significant element.
Latest Administrative
Claims
figures expressed in
WITH THE SOCIAL SECURITY.
Enforcement
|
DATE |
ORGANIZATION |
AMOUNT |
|
01/09/2008 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
360,61 |
WITH THE TAX AUTHORITIES.
Seizures
|
DATE |
ORGANIZATION |
AMOUNT |
|
28/09/2009 |
A.E.A.T. SERVICIO DE GESTION ECONOMICA |
|
Detail of the Latest Administrative Claims
figures expressed in
Seizures
WITH THE TAX AUTHORITIES.
Phase: SEIZURE
Organization: A.E.A.T. SERVICIO DE GESTION ECONOMICA
Concept: Other debts
Date of the claim: 28/09/2009
Source: Published in the B.O.E. N. 241, on 06/10/2009, page 120.599
figures expressed in
Enforcement
WITH THE SOCIAL SECURITY.
Phase: ENFORCEMENT
Organization: CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION
PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL
Concept: Share
Date of the claim: 01/09/2008
Period: 0507 0507
Source: Published in the VALENCIA Gazette, on 29/09/2008, page 10
Amount: 360,61
|
CHARACTERISTICS OF THE OPERATION |
NON-PAYMENT CHARACTERISTICS |
||||||
|
Creditor Type |
Product |
Amount of the operations |
Situation |
Number of non-payments |
Non-payment amount |
Date of the first non-payment |
Date of the last non-payment |
|
Credit Cooperatives |
Current Account Overdraft |
- |
> 180 days from the first expired default |
3 |
108,33 |
25/06/2012 |
10/01/2013 |
|
|
|
|
|
|
108,33 |
|
|
This information comes from Experian Bureau Empresarial Service,
property of Experian Bureau de Crιdito S.A. It could just be used for
businessmen or professionals and for the own aims of the business, and could
not be transferred or transmitted to third parties, copied, duplicate or
reproduce, nor incorporate to any owned or external database, or reuse it in
any direct or indirect way. Experian Bureau de Crιdito S.A. may file you for
damages it may suffer in case of breaching any of the afore mentioned
obligations. Experian would not be responsible of the lack of accuracy in the
supplied information when it coincides with the one supplied by the creditor
entities.
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
14/01/2013 08:01:45
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 |
11.715,16 |
1,63 |
13.705,62 |
3,18 |
15.810,23 |
4,66 |
|
B) CURRENT ASSETS |
706.455,89 |
98,37 |
417.567,81 |
96,82 |
323.439,87 |
95,34 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
108.324,49 |
15,08 |
91.626,76 |
21,25 |
79.285,78 |
23,37 |
|
B) NON CURRENT LIABILITIES |
51.517,01 |
7,17 |
35.172,09 |
8,16 |
48.353,64 |
14,25 |
|
C) CURRENT LIABILITIES |
558.329,55 |
77,74 |
304.474,58 |
70,60 |
211.610,68 |
62,38 |
Profit and loss account analysis
Figures given in
|
|
31/12/2011 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2010 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
584.028,77 |
|
455.735,52 |
|
448.970,37 |
|
|
GROSS MARGIN |
301.400,80 |
51,61 |
241.804,40 |
53,06 |
236.564,94 |
52,69 |
|
EBITDA |
30.492,66 |
5,22 |
36.268,48 |
7,96 |
40.718,84 |
9,07 |
|
EBIT |
27.377,05 |
4,69 |
32.363,87 |
7,10 |
31.486,56 |
7,01 |
|
NET RESULT |
16.697,73 |
2,86 |
12.340,98 |
2,71 |
13.101,94 |
2,92 |
|
EFFECTIVE TAX RATE (%) |
20,00 |
0,00 |
20,00 |
0,00 |
20,41 |
0,00 |
COMPARATIVE SECTOR
ANALYSIS
Values table
Figures expressed in
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
1,63 |
35,76 |
-34,13 |
|
A) CURRENT ASSETS |
98,37 |
64,24 |
34,13 |
|
LIABILITIES |
|||
|
A) NET WORTH |
15,08 |
41,74 |
-26,66 |
|
B) NON CURRENT LIABILITIES |
7,17 |
17,72 |
-10,55 |
|
C) CURRENT LIABILITIES |
77,74 |
40,54 |
37,20 |
|
|
|
|
|
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
SALES |
100,00 |
98,83 |
1,17 |
|
GROSS MARGIN |
51,61 |
50,43 |
1,18 |
|
EBITDA |
5,22 |
4,65 |
0,57 |
|
EBIT |
4,69 |
2,10 |
2,59 |
|
NET RESULT |
2,86 |
0,28 |
2,58 |
Sector Composition
Compared sector (NACE 2009): 1413
Number of companies: 490
Size (sales figure): 0 - 2,800,000.00 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 |
16.697,73 |
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 |
16.697,73 |
|
Total of Amounts to be distributed |
16.697,73 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
16.697,73 |
ADDRESSES
Current Legal Seat Address:
CALLE ALQUERIA DE ROPILLA (PG IND EL BRAC), 9 - B
46131 BONREPOS
I MIRAMBELL VALENCIA
Characteristics of the current address
Type of establishment: store
Local Situation: secondary
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Governing body : 1 member (latest change:
06/07/2006)
Operative Board Members : 1 (latest change: 17/01/2013)
Non-current positions : 2 (latest change: 06/07/2006)
Main Board members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
SOLE ADMINISTRATOR |
DELGADO RUIZ PEINADO, PAULINO |
06/07/2006 |
|
|
|
|
|
POSITION |
NAME AND SURNAME |
|
Manager |
DELGADO RUIZ PEINADO, PAULINO |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
DELGADO RUIZ PEINADO PAULINO |
|
Indef. |
OWN SOURCES |
17/01/2013 |
POTENTIAL LINKS
Search for Link by Administrator
Search Criterion: PAULINO DELGADO RUIZ PEINADO
|
COMPANY |
POSITION |
PROVINCE |
|
QUINCE QUINCE SL |
Administrador |
VALENCIA |
In case you need more information you can request:Board Members
Monitoring
Search Criterion: "Light Sport PAUMARC SL"
URL: www.boe.es
Borman-b-2011-179-46 - BOE.es 20 Sep 2011 ... 556 804 - Light Sport PAUMARC SL (2010). 556 805 - hold FRENESY SL (2010). 556 806 Light Magui SL (2010).
URL: fimi.feriavalencia.com
1. Kidswear. Textile Articles Category: Ropa baby and accessories. PAUMARC hold SPORT ... ROSA LA CAVE kidswear, SL. ROSA LA CAVE. -. RUBIO KIDS BY ...
BUSINESS INFORMATION
Incorporation date: 06/09/2002
Establishment date: 01/01/1992
Code: 1453400
Activity: Mfg. of outerwear
NACE 2009 CODE: 1413
NACE 2009 Activity: Manufacture of other outerwear
Business: MANUFACTURING MARKETING AND REPRESENTATIONS
OF CLOTHING AND
SPORTING GOODS, AND ALL KINDS OF CLOTHING.
Activity description: Manufacture
and marketing of sportswear.
Latest employees figure: 6 (2013)
% of fixed employees: 71,43%
% of temporary employees: 28,57%
% of men: 57,14%
% of women: 42,86%
Employees evolution
|
|
|
|
Source: Annual financial report 2011
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Distribution by sexes |
|
4 |
3 |
PURCHASES
Import Percentage: 6%
Imports from: UE Y OTROS PAISES
National Distribution: 94%
No bank branches registered
LEGAL STRUCTURE
Constitution Data
Register Date: 06/09/2002
Register town: Valencia
Announcement number: 497281
Share capital: 10.000
Legal form: Limited Liability Company
Share capital: 10.000,00
Obligation to fill in Financial Statements: YES
Chamber census: YES (2011)
Acts on activity: 0
Acts on administrators: 3 (Last: 06/07/2006, first:
11/12/2002)
Acts on capital: 0
Acts on creation: 1 (Last: 11/12/2002)
Acts on filed accounts: 9 (Last: 20/09/2011, first:
10/09/2003)
Acts on identification: 0
Acts on Information: 1 (Last: 06/07/2006)
Latest acts in B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Annual Filed Accounts (2010) |
20/09/2011 |
556804 |
Valencia |
|
Annual Filed Accounts (2009) |
09/09/2010 |
514291 |
Valencia |
|
Annual Filed Accounts (2008) |
28/08/2009 |
284161 |
Valencia |
|
Annual Filed Accounts (2007) |
19/09/2008 |
601753 |
Valencia |
|
Annual Filed Accounts (2006) |
02/10/2007 |
719340 |
Valencia |
|
Annual Filed Accounts (2005) |
14/12/2006 |
1026780 |
Valencia |
|
Modification of the Articles of Association |
06/07/2006 |
351842 |
Valencia |
|
Appointments |
06/07/2006 |
351842 |
Valencia |
|
Resignations |
06/07/2006 |
351842 |
Valencia |
|
Annual Filed Accounts (2004) |
28/09/2005 |
581236 |
Valencia |
Press articles
No press articles registered for this company
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 30/08/2012.
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 |
11.715,16 |
1,63 |
13.705,62 |
3,18 |
15.810,23 |
4,66 |
|
I. Intangible assets |
|
|
|
|
|
|
|
II. Tangible fixed assets |
9.915,16 |
1,38 |
11.905,62 |
2,76 |
15.810,23 |
4,66 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated
and affiliated companies |
|
|
|
|
|
|
|
V. Long Term Financial Investments |
1.800,00 |
0,25 |
1.800,00 |
0,42 |
|
|
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
706.455,89 |
98,37 |
417.567,81 |
96,82 |
323.439,87 |
95,34 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
500.014,33 |
69,62 |
282.292,43 |
65,46 |
182.889,94 |
53,91 |
|
III. Trade Debtors and other receivable
accounts |
205.856,06 |
28,66 |
133.294,64 |
30,91 |
139.890,79 |
41,24 |
|
1. Clients |
205.856,06 |
28,66 |
132.308,10 |
30,68 |
139.890,79 |
41,24 |
|
b) Clients for sales and
short term services rendering |
205.856,06 |
28,66 |
132.308,10 |
30,68 |
139.890,79 |
41,24 |
|
3. Other debtors |
|
|
986,54 |
0,23 |
|
|
|
IV. Short term investments in associated and
affiliated companies |
|
|
|
|
|
|
|
V. Short term financial investments |
585,50 |
0,08 |
460,00 |
0,11 |
460,00 |
0,14 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
|
|
1.520,74 |
0,35 |
199,14 |
0,06 |
|
TOTAL ASSETS (A + B) |
718.171,05 |
100,00 |
431.273,43 |
100,00 |
339.250,10 |
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 |
108.324,49 |
15,08 |
91.626,76 |
21,25 |
79.285,78 |
23,37 |
|
A-1) Equity |
108.324,49 |
15,08 |
91.626,76 |
21,25 |
79.285,78 |
23,37 |
|
I. Capital |
10.000,00 |
1,39 |
10.000,00 |
2,32 |
10.000,00 |
2,95 |
|
1. Authorized capital |
10.000,00 |
1,39 |
10.000,00 |
2,32 |
10.000,00 |
2,95 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
81.626,76 |
11,37 |
69.285,78 |
16,07 |
56.183,84 |
16,56 |
|
IV. (Net worth own shares and
participations) |
|
|
|
|
|
|
|
V. Results from previous years |
|
|
|
|
|
|
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
16.697,73 |
2,33 |
12.340,98 |
2,86 |
13.101,94 |
3,86 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
A-3) Received legacies, grants and
subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
51.517,01 |
7,17 |
35.172,09 |
8,16 |
48.353,64 |
14,25 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
51.517,01 |
7,17 |
35.172,09 |
8,16 |
48.353,64 |
14,25 |
|
1. Debts with bank entities |
51.517,01 |
7,17 |
35.172,09 |
8,16 |
48.353,64 |
14,25 |
|
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 |
558.329,55 |
77,74 |
304.474,58 |
70,60 |
211.610,68 |
62,38 |
|
I. Liabilities related with non-current
assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
360.229,96 |
50,16 |
173.212,68 |
40,16 |
134.473,82 |
39,64 |
|
1. Debts with bank entities |
205.774,97 |
28,65 |
173.212,68 |
40,16 |
134.473,82 |
39,64 |
|
3. Other short term debts |
154.454,99 |
21,51 |
|
|
|
|
|
IV. Short term debts with associated and
affiliated companies |
|
|
|
|
|
|
|
V. Trade creditors and other payable
accounts |
198.099,59 |
27,58 |
131.261,90 |
30,44 |
77.136,86 |
22,74 |
|
1. Suppliers |
66.907,27 |
9,32 |
51.309,11 |
11,90 |
35.399,32 |
10,43 |
|
b) Short term suppliers |
66.907,27 |
9,32 |
51.309,11 |
11,90 |
35.399,32 |
10,43 |
|
2. Other creditors |
131.192,32 |
18,27 |
79.952,79 |
18,54 |
41.737,54 |
12,30 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special
characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B +
C) |
718.171,05 |
100,00 |
431.273,43 |
100,00 |
339.250,10 |
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 |
|
1. Net Turnover |
584.028,77 |
100,00 |
455.735,52 |
100,00 |
448.970,37 |
100,00 |
|
2. Variation in stocks of finished goods
and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-282.627,97 |
-48,39 |
-213.931,12 |
-46,94 |
-212.405,43 |
-47,31 |
|
5. Other operating income |
|
|
|
|
|
|
|
6. Labour cost |
-158.394,69 |
-27,12 |
-129.393,05 |
-28,39 |
-119.299,12 |
-26,57 |
|
7. Other operating costs |
-112.588,52 |
-19,28 |
-76.190,36 |
-16,72 |
-77.498,08 |
-17,26 |
|
8. Amortization of fixed assets |
-3.115,61 |
-0,53 |
-3.904,61 |
-0,86 |
-9.232,28 |
-2,06 |
|
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 |
75,07 |
0,01 |
47,49 |
0,01 |
951,10 |
0,21 |
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6
+ 7 + 8 + 9 + 10 + 11 + 12 + 13) |
27.377,05 |
4,69 |
32.363,87 |
7,10 |
31.486,56 |
7,01 |
|
14. Financial income |
176,78 |
0,03 |
|
|
|
|
|
b) Other financial income |
176,78 |
0,03 |
|
|
|
|
|
15. Financial expenses |
-6.681,67 |
-1,14 |
-16.185,80 |
-3,55 |
-15.023,89 |
-3,35 |
|
16. Reasonable value variation on
financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
|
|
-751,84 |
-0,16 |
|
|
|
18. Deterioration and result for disposal
of financial instruments |
|
|
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 +
18 + 19) |
-6.504,89 |
-1,11 |
-16.937,64 |
-3,72 |
-15.023,89 |
-3,35 |
|
C) RESULT BEFORE TAXES (A + B) |
20.872,16 |
3,57 |
15.426,23 |
3,38 |
16.462,67 |
3,67 |
|
20. Taxes on profits |
-4.174,43 |
-0,71 |
-3.085,25 |
-0,68 |
-3.360,73 |
-0,75 |
|
D) EXERCISE RESULT (C + 20) |
16.697,73 |
2,86 |
12.340,98 |
2,71 |
13.101,94 |
2,92 |
NET WORTH CHANGES
STATUS
Status of recognized income and expenses
For the financial statements presented under the SMEs model (PYMES),
the Net Worth Changes Status is formed by a single table. For the rest of the
cases there would be shown the two tables corresponding to the mentioned status
with the exception of the company not having operations reflected in the
Status of recognized income and expenses and that, for this reason, it has no
data.
Total net worth changes status
Figures given in
|
NET WORTH CHANGES ( 1 /1) |
AUTHORIZED CAPITAL |
RESERVES |
EXERCISE RESULT |
TOTAL |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
10.000,00 |
45.055,96 |
11.127,88 |
66.183,84 |
|
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) |
10.000,00 |
45.055,96 |
11.127,88 |
66.183,84 |
|
I. Total recognized income and expenses |
|
|
13.101,94 |
13.101,94 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
11.127,88 |
-11.127,88 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
10.000,00 |
56.183,84 |
13.101,94 |
79.285,78 |
|
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) |
10.000,00 |
56.183,84 |
13.101,94 |
79.285,78 |
|
I. Total recognized income and expenses |
|
|
12.340,98 |
12.340,98 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
13.101,94 |
-13.101,94 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
10.000,00 |
69.285,78 |
12.340,98 |
91.626,76 |
|
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) |
10.000,00 |
69.285,78 |
12.340,98 |
91.626,76 |
|
I. Total recognized income and expenses |
|
|
16.697,73 |
16.697,73 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
12.340,98 |
-12.340,98 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
10.000,00 |
81.626,76 |
16.697,73 |
108.324,49 |
RATIOS
|
|
31/12/2011 (12) |
CHANGE % |
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital () |
148.126,34 |
30,98 |
113.093,23 |
1,13 |
111.829,19 |
|
Working capital ratio |
0,21 |
-19,23 |
0,26 |
-21,21 |
0,33 |
|
Soundness Ratio |
9,25 |
38,27 |
6,68 |
33,53 |
5,02 |
|
Average Collection Period (days) |
127 |
20,55 |
105 |
-6,41 |
112 |
|
Average Payment Period (days) |
180 |
10,84 |
163 |
69,92 |
96 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
126,53 |
-7,74 |
137,14 |
-10,28 |
152,85 |
|
Quick Ratio (%) |
0,10 |
-83,08 |
0,65 |
109,68 |
0,31 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
57,33 |
18,65 |
48,32 |
-10,34 |
53,89 |
|
External Financing Average Cost |
0,02 |
-75,00 |
0,08 |
0,00 |
0,08 |
|
Debt Service Coverage |
20,78 |
61,96 |
12,83 |
56,65 |
8,19 |
|
Interest Coverage |
4,10 |
105,00 |
2,00 |
-4,76 |
2,10 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
3,39 |
-5,04 |
3,56 |
-28,17 |
4,98 |
|
Auto financing generated by Assets (%) |
2,76 |
-26,79 |
3,77 |
-42,71 |
6,58 |
|
Breakdown Point |
1,05 |
-2,78 |
1,08 |
0,00 |
1,08 |
|
Average Sales Volume per Employee |
79.567,95 |
-12,70 |
91.147,10 |
20,79 |
75.457,21 |
|
Average Cost per Employee |
21.579,66 |
-16,61 |
25.878,61 |
29,07 |
20.050,27 |
|
Assets Turnover |
0,81 |
-23,58 |
1,06 |
-19,70 |
1,32 |
|
Inventory Turnover (days) |
637 |
34,02 |
475 |
53,31 |
310 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
3,81 |
-49,20 |
7,50 |
-19,18 |
9,28 |
|
Operating Profitability (%) |
4,25 |
-49,46 |
8,41 |
-29,92 |
12,00 |
|
Return on Equity (ROE) (%) |
19,27 |
14,43 |
16,84 |
-18,88 |
20,76 |
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 |
1,63 |
35,76 |
-34,13 |
|
A) CURRENT ASSETS |
98,37 |
64,24 |
34,13 |
|
LIABILITIES |
|||
|
A) NET WORTH |
15,08 |
41,74 |
-26,66 |
|
B) NON CURRENT LIABILITIES |
7,17 |
17,72 |
-10,55 |
|
C) CURRENT LIABILITIES |
77,74 |
40,54 |
37,20 |
|
|
|
|
|
Results Analytical Account
Figures given in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
98,83 |
1,17 |
|
Other operating income |
|
1,17 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-48,39 |
-50,26 |
1,88 |
|
Variation in stocks of finished goods and work in progress |
|
0,69 |
|
|
GROSS MARGIN |
51,61 |
50,43 |
1,18 |
|
Other operating costs |
-19,28 |
-17,70 |
-1,58 |
|
Labour cost |
-27,12 |
-28,60 |
1,48 |
|
GROSS OPERATING RESULT |
5,21 |
4,12 |
1,09 |
|
Amortization of fixed assets |
-0,53 |
-2,58 |
2,05 |
|
Deterioration and result for fixed assets disposal |
|
0,03 |
|
|
Other expenses / income |
|
0,53 |
|
|
NET OPERATING RESULT |
4,69 |
2,10 |
2,59 |
|
Financial result |
-1,11 |
-1,57 |
0,46 |
|
RESULT BEFORE TAX |
3,57 |
0,53 |
3,04 |
|
Taxes on profits |
-0,71 |
-0,25 |
-0,46 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
2,86 |
0,28 |
2,58 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
2,86 |
0,28 |
2,58 |
|
Amortization of fixed assets |
-0,53 |
-2,58 |
2,05 |
|
Deterioration and provisions variation |
-0,53 |
0,03 |
-0,56 |
|
|
3,93 |
2,84 |
1,10 |
Main Ratios
Figures given in
|
|
COMPANY (2011) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital () |
148.126,34 |
14.120,12 |
80.777,69 |
261.059,23 |
|
Working capital ratio |
0,21 |
0,07 |
0,24 |
0,44 |
|
Soundness Ratio |
9,25 |
0,72 |
1,41 |
3,66 |
|
Average Collection Period (days) |
127 |
30 |
62 |
109 |
|
Average Payment Period (days) |
180 |
84 |
135 |
234 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
126,53 |
112,37 |
153,85 |
247,80 |
|
Quick Ratio (%) |
0,10 |
4,33 |
18,09 |
80,29 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
57,33 |
7,63 |
25,01 |
45,23 |
|
External Financing Average Cost |
0,02 |
0,02 |
0,06 |
0,09 |
|
Debt Service Coverage |
20,78 |
0,00 |
2,43 |
9,92 |
|
Interest Coverage |
4,10 |
-0,61 |
1,33 |
3,34 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
3,39 |
0,46 |
2,62 |
5,79 |
|
Auto financing generated by Assets (%) |
2,76 |
0,39 |
3,14 |
6,23 |
|
Breakdown Point |
1,05 |
0,99 |
1,02 |
1,06 |
|
Average Sales Volume per Employee |
79.567,95 |
36.136,65 |
62.312,32 |
110.482,44 |
|
Average Cost per Employee |
21.579,66 |
15.555,09 |
18.990,78 |
23.704,59 |
|
Assets Turnover |
0,81 |
0,68 |
1,09 |
1,63 |
|
Inventory Turnover (days) |
637 |
50 |
182 |
392 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
3,81 |
-1,04 |
2,60 |
5,22 |
|
Operating Profitability (%) |
4,25 |
0,80 |
5,10 |
8,83 |
|
Return on Equity (ROE) (%) |
19,27 |
-5,05 |
3,29 |
12,17 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.51 |
|
|
1 |
Rs.84.85 |
|
Euro |
1 |
Rs.71.43 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess
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.