MIRA
INFORM REPORT
|
Report Date : |
20.07.2013 |
IDENTIFICATION DETAILS
|
Name : |
CASTIZAL MADRILENA SL |
|
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|
Formerly Known As : |
LA TITULAR |
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Registered Office : |
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Country : |
Spain |
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|
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|
Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
01.01.2006 |
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|
Legal Form : |
Sole-partnered Limited Liability Company |
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|
|
|
Line of Business : |
Business and other management consultancy activities |
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|
No. of Employees : |
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 |
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|
Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March, 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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
After almost 15 years of above average GDP growth, the
Spanish economy began to slow in late 2007 and entered into a recession in the
second quarter of 2008. GDP contracted by 3.7% in 2009, ending a 16-year growth
trend, and by another 0.3% in 2010; GDP expanded 0.4% in 2011, before
contracting 1.4% in 2012. The economy has once again fallen into recession as
deleveraging in the private sector, fiscal consolidation, and continued high
unemployment weigh on domestic demand and investment, even as exports have
shown signs of resiliency. The unemployment rate rose from a low of about 8% in
2007 to 26.0% in 2012. The economic downturn has also hurt Spain's public
finances. The government budget deficit peaked at 11.2% of GDP in 2010 and the
process to reduce this imbalance has been slow despite the central government's
efforts to raise new tax revenue and cut spending. Spain reduced its budget
deficit to 9.4% of GDP in 2011, and roughly 7.4% of GDP in 2012, above the 6.3%
target negotiated between Spain and the EU. Although Spain''s large budget
deficit and poor economic growth prospects remain a source of concern for
foreign investors, the government''s ongoing efforts to cut spending and
introduce flexibility into the labor markets are intended to assuage these
concerns. The government is also taking steps to shore up the banking system,
namely by using up to $130 billion in EU funds to recapitalize struggling banks
exposed to the collapsed domestic construction and real estate sectors.
|
Source
: CIA |
Company name
CASTIZAL MADRILEÑA SL
CIF/NIF: B97800221
Company situation: Active
Answer to the data in your request
The data of your request have been confirmed and are correct.
The NIF provided is not registered as IVA (VAT) operator.
Financial Information
The last filed accounts of the subject presented in the Trade Register
corresponds to the 2011 exercise.
EXECUTIVE SUMMARY
Identification
Current Business Name: CASTIZAL MADRILEÑA SL
Other names: NO
Current Address: CALLE JULIAN CAMARILLO, 47
- B 103 28037 MADRID
Telephone number: 913758059 Fax: 913759466
Trade Risk
Incidents: NO
R.A.I.: NO
Financial Information
Balance sheet latest sales (2011): 192.798,51 € (Mercantile Register)
Result: 62.187,08 €
Total Assets: 601.703,6 €
Share capital: 3.006,00 €
Employees: 1
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 17/10/2006
Activity: Assitence given to companies
NACE 2009 CODE: 7022
International Operations: No business relationships registered
Corporate Structure
Sole Administrator:
Parent Company:
Participations: 1
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2011
Latest act published in BORME: 12/01/2011 Annual Filed Accounts
Latest press article: No press articles registered for this
company
Bank Entities: There are not
The date when this report was last updated is 19/07/2013.
The information contained in this report has been investigated and
contrasted on 19/07/2013
Rating Explanation
Financial situation
The company’s financial situation is normal.
The sales evolution and results has been positive.
Company Structure
The company’s capitalization degree determines that its structure
is weak.
The company’s size is very small depending on its sales
volume.
The employees evolution has been stable.
Performance and Incidences
The available information indicates that the company does not have
payment incidences.
He have detected no recent legal actions or claims from the
Administration against this company.
Accounts Filing
The company files regularly its accounts.
Reasons of the last outstanding calculation in the note
|
DATE |
CHANGE |
RESULTING NOTE |
EVENT |
|
30/11/2012 |
Increase |
11 |
There has been a change in the formula version. |
|
14/11/2012 |
Increase |
9 |
New financial statements have been uploaded. |
|
11/01/2012 |
Reduction |
3 |
New financial statements have been uploaded. |
INCIDENTS
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: No administrative claims registered
AFFECTED BY: No significant element.
EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL DEFAULTS OF
PAYMENT
Summary
COMPANY NOT INCLUDED IN EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI -
SECTORIAL DEFAULTS OF PAYMENT
There is no information related to the nif/cif consulted in the in the
EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL DEFAULTS OF PAYMENT file
This information comes from Experian Bureau Empresarial Service,
property of Experian Bureau de Crédito 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 Crédito 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
15/07/2013 10:07:31
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 |
498.683,61 |
82,88 |
479.807,63 |
83,85 |
483.654,65 |
87,18 |
|
B) CURRENT ASSETS |
103.019,99 |
17,12 |
92.443,74 |
16,15 |
71.126,63 |
12,82 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
80.708,23 |
13,41 |
18.521,15 |
3,24 |
42.111,65 |
7,59 |
|
B) NON CURRENT LIABILITIES |
300.942,11 |
50,02 |
327.288,97 |
57,19 |
351.846,07 |
63,42 |
|
C) CURRENT LIABILITIES |
220.053,26 |
36,57 |
226.441,25 |
39,57 |
160.823,56 |
28,99 |
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 |
192.798,51 |
|
44.628,61 |
|
131.893,98 |
|
|
GROSS MARGIN |
175.615,56 |
91,09 |
48.102,86 |
107,78 |
133.818,98 |
101,46 |
|
EBITDA |
102.667,30 |
53,25 |
-7.655,94 |
-17,15 |
60.576,49 |
45,93 |
|
EBIT |
90.956,78 |
47,18 |
-19.366,46 |
-43,39 |
50.660,31 |
38,41 |
|
NET RESULT |
62.187,08 |
32,25 |
-23.590,50 |
-52,86 |
21.263,59 |
16,12 |
|
EFFECTIVE TAX RATE (%) |
25,00 |
0,01 |
-25,00 |
-0,06 |
25,00 |
0,02 |
COMPARATIVE SECTOR ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
BALANCE SHEET ANALYSIS: % on the total assets |
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|||
|
A) NON CURRENT ASSETS |
82,88 |
77,44 |
5,44 |
|
|
|
|
|
A) CURRENT ASSETS |
17,12 |
22,56 |
-5,44 |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|||
|
A) NET WORTH |
13,41 |
70,08 |
-56,67 |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
50,02 |
14,84 |
35,18 |
|
|
|
|
|
C) CURRENT LIABILITIES |
36,57 |
15,08 |
21,49 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total operating income |
|
|
|
|
|
|
|
|
SALES |
97,72 |
95,21 |
2,51 |
|
|
|
|
|
GROSS MARGIN |
89,01 |
88,23 |
0,78 |
|
|
|
|
|
EBITDA |
52,04 |
11,17 |
40,87 |
|
|
|
|
|
EBIT |
46,10 |
7,56 |
38,54 |
|
|
|
|
|
NET RESULT |
31,52 |
19,23 |
12,29 |
|
|
|
|
Sector Composition
Compared sector (NACE 2009): 7022
Number of companies: 4291
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 |
62.187,08 |
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 |
38.596,58 |
|
Total of Amounts to be distributed |
62.187,08 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
23.590,50 |
|
|
|
Application total |
62.187,08 |
ADDRESSES
Current Legal Seat Address:
CALLE JULIAN CAMARILLO, 47 - B 103
28037 MADRID
Previous Seat Address:
CALLE DE LEON FELIPE 16 - BIS
28822 COSLADA MADRID
Characteristics of the current address
Type of establishment: office
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Governing body : 1 member (latest change:
19/02/2007)
Operative Board Members : 1 (latest change: 19/07/2013)
Non-current positions : 1 (latest change: 19/02/2007)
Main Board members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
SOLE ADMINISTRATOR |
CALLE QUIROS, LUIS SANTIAGO |
19/02/2007 |
|
|
|
|
There are 1 board members, directors and auditors registered
|
POSITION |
NAME AND SURNAME |
|
Manager |
CALLE QUIROS, LUIS SANTIAGO |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
CALLE QUIROS LUIS SANTIAGO |
|
100,00 |
B.O.R.M.E. |
19/02/2007 |
There are 1 direct financial links through shareholders
registered
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
TEXTIMAX SPAIN SL |
B84639962 |
Indef. |
OWN SOURCES |
16/10/2012 |
There are 1 direct financial links through participations
registered
POTENTIAL LINKS
Search for Link by Administrator
Search Criterion: ”LUIS SANTIAGO CALLE QUIROS”
|
COMPANY |
POSITION |
PROVINCE |
|
TEXTIMAX SPAIN SL |
Administrador Único |
MADRID |
|
COINTERANDINA ESPANA SL |
Administrador Único |
MADRID |
In case you need more information you can request:Board Members
Monitoring
Search Criterion: ”CASTIZAL MADRILEÑA SL”
URL: www.boe.es
Actos de MADRID del BORME núm. 7 de 2011 - BOE.es 12 Ene 2011
... 15364 - CAJA DE AHORROS Y MONTE DE PIEDAD DE MADRID Y CAJAMAR CAJA RURAL
..... 15711 - CASTIZAL MADRILEÑA SL(2009).
BUSINESS INFORMATION
Incorporation date: 17/10/2006
Establishment date: 01/01/2006
Founder’s Name: LA TITULAR
Activity: Assitence given to companies
NACE 2009 CODE: 7022
NACE 2009 Activity: Business and other management consultancy
activities
Business: THE SALE AND BROKERAGE
OF ALL KINDS OF
COUNTRY HOUSES AND URBAN. PROMOTION AND CONSTRUCTION ON THE SAME FOR ALL KINDS OF BUILDINGS,
THEIR REHABILITATION, SALE OR LEASE NO
FINANCIAL AND CONSTRU
Latest employees figure: 1 (2011)
% of fixed employees: 100,00%
Employees evolution
|
|
|
|
COMMERCIAL OPERATIONS
PURCHASES
National Distribution: 100%
No bank branches registered
LEGAL STRUCTURE
Constitution Data
Register Date: 17/10/2006
Register town: Madrid
Announcement number: 555399
Register data:
Volume 23354, Folio 82, Section 8, Sheet 418861,
Inscription I/A 1 (2006-11-07)
Share capital: 3.006 €
Legal form: Sole-partnered Limited Liability Company
Share capital: 3.006,00 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2011)
B.O.R.M.E. (OFFICIAL GAZETTE OF THE MERCANTILE REGISTER)
Acts on activity: 0
Acts on administrators: 3 (Last: 19/02/2007, first:
21/11/2006)
Acts on capital: 0
Acts on creation: 1 (Last: 21/11/2006)
Acts on filed accounts: 4 (Last: 12/01/2011, first:
24/10/2007)
Acts on identification: 1 (Last: 19/02/2007)
Acts on Information: 1 (Last: 19/02/2007)
Latest acts in B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Annual Filed Accounts (2009) |
12/01/2011 |
15711 |
Madrid |
|
Annual Filed Accounts (2008) |
24/02/2010 |
110891 |
Madrid |
|
Annual Filed Accounts (2007) |
12/09/2008 |
518577 |
Madrid |
|
Annual Filed Accounts (2006) |
24/10/2007 |
880191 |
Madrid |
|
Change of registered address |
19/02/2007 |
97003 |
Madrid |
|
Appointments |
19/02/2007 |
97003 |
Madrid |
|
Resignations |
19/02/2007 |
97003 |
Madrid |
|
Declaration of individual ownership |
19/02/2007 |
97003 |
Madrid |
|
Appointments |
21/11/2006 |
555399 |
Madrid |
|
Constitution |
21/11/2006 |
555399 |
Madrid |
There are 10 acts registered
Press articles
No press articles registered for this company
Complementary Information
Financial Information
El balance cerrado a 31/12/2006 (Deposito 2007 ) esta disponible en INFORMA,
pero no ha sido cargado por tener una duración inferior a tres meses
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 27/10/2012.
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 |
498.683,61 |
82,88 |
479.807,63 |
83,85 |
483.654,65 |
87,18 |
|
I. Intangible assets |
|
|
|
|
|
|
|
II. Tangible fixed assets |
459.414,11 |
76,35 |
471.124,63 |
82,33 |
482.835,15 |
87,03 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Long Term Financial Investments |
39.269,50 |
6,53 |
819,50 |
0,14 |
819,50 |
0,15 |
|
VI. Assets by deferred taxes |
|
|
7.863,50 |
1,37 |
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
103.019,99 |
17,12 |
92.443,74 |
16,15 |
71.126,63 |
12,82 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
|
|
|
|
|
|
|
III. Trade Debtors and other receivable accounts |
55.009,68 |
9,14 |
82.867,91 |
14,48 |
69.270,14 |
12,49 |
|
1. Clients |
|
|
|
|
38.090,80 |
6,87 |
|
b) Clients for sales and short term services
rendering |
|
|
|
|
38.090,80 |
6,87 |
|
3. Other debtors |
55.009,68 |
9,14 |
82.867,91 |
14,48 |
31.179,34 |
5,62 |
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Short term financial investments |
|
|
|
|
|
|
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
48.010,31 |
7,98 |
9.575,83 |
1,67 |
1.856,49 |
0,33 |
|
TOTAL ASSETS (A + B) |
601.703,60 |
100,00 |
572.251,37 |
100,00 |
554.781,28 |
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 |
80.708,23 |
13,41 |
18.521,15 |
3,24 |
42.111,65 |
7,59 |
|
A-1) Equity |
80.708,23 |
13,41 |
18.521,15 |
3,24 |
42.111,65 |
7,59 |
|
I. Capital |
3.006,00 |
0,50 |
3.006,00 |
0,53 |
3.006,00 |
0,54 |
|
1. Authorized capital |
3.006,00 |
0,50 |
3.006,00 |
0,53 |
3.006,00 |
0,54 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
39.105,65 |
6,50 |
39.105,65 |
6,83 |
31.577,38 |
5,69 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
-23.590,50 |
-3,92 |
|
|
-13.735,32 |
-2,48 |
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
62.187,08 |
10,34 |
-23.590,50 |
-4,12 |
21.263,59 |
3,83 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
300.942,11 |
50,02 |
327.288,97 |
57,19 |
351.846,07 |
63,42 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
291.565,12 |
48,46 |
317.911,98 |
55,55 |
342.469,08 |
61,73 |
|
1. Debts with bank entities |
|
|
|
|
342.469,08 |
61,73 |
|
3. Other long term debts |
291.565,12 |
48,46 |
317.911,98 |
55,55 |
|
|
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
9.376,99 |
1,56 |
9.376,99 |
1,64 |
9.376,99 |
1,69 |
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
220.053,26 |
36,57 |
226.441,25 |
39,57 |
160.823,56 |
28,99 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
168.085,57 |
27,93 |
203.670,32 |
35,59 |
132.668,42 |
23,91 |
|
3. Other short term debts |
168.085,57 |
27,93 |
203.670,32 |
35,59 |
132.668,42 |
23,91 |
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
|
|
V. Trade creditors and other payable accounts |
51.967,69 |
8,64 |
22.770,93 |
3,98 |
28.155,14 |
5,07 |
|
2. Other creditors |
51.967,69 |
8,64 |
22.770,93 |
3,98 |
28.155,14 |
5,07 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
601.703,60 |
100,00 |
572.251,37 |
100,00 |
554.781,28 |
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 |
192.798,51 |
97,72 |
44.628,61 |
91,94 |
131.893,98 |
98,56 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-21.682,95 |
-10,99 |
-439,25 |
-0,90 |
|
|
|
5. Other operating income |
4.500,00 |
2,28 |
3.913,50 |
8,06 |
1.925,00 |
1,44 |
|
6. Labour cost |
-12.666,24 |
-6,42 |
-17.795,64 |
-36,66 |
-39.537,45 |
-29,55 |
|
7. Other operating costs |
-60.282,02 |
-30,55 |
-37.732,90 |
-77,73 |
-33.705,04 |
-25,19 |
|
8. Amortization of fixed assets |
-11.710,52 |
-5,94 |
-11.710,52 |
-24,12 |
-9.916,18 |
-7,41 |
|
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 |
|
|
-230,26 |
-0,47 |
|
|
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) |
90.956,78 |
46,10 |
-19.366,46 |
-39,90 |
50.660,31 |
37,86 |
|
14. Financial income |
427,16 |
0,22 |
60,10 |
0,12 |
40,25 |
0,03 |
|
b) Other financial income |
427,16 |
0,22 |
60,10 |
0,12 |
40,25 |
0,03 |
|
15. Financial expenses |
-8.467,83 |
-4,29 |
-14.136,85 |
-29,12 |
-22.349,11 |
-16,70 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
|
|
|
|
|
|
|
18. Deterioration and result for disposal of financial instruments |
|
|
|
|
|
|
|
19. Other financial income and expenses |
|
|
1.989,21 |
4,10 |
|
|
|
c) Other income and expenses |
|
|
1.989,21 |
4,10 |
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-8.040,67 |
-4,08 |
-12.087,54 |
-24,90 |
-22.308,86 |
-16,67 |
|
C) RESULT BEFORE TAXES (A + B) |
82.916,11 |
42,03 |
-31.454,00 |
-64,80 |
28.351,45 |
21,19 |
|
20. Taxes on profits |
-20.729,03 |
-10,51 |
7.863,50 |
16,20 |
-7.087,86 |
-5,30 |
|
D) EXERCISE RESULT (C + 20) |
62.187,08 |
31,52 |
-23.590,50 |
-48,60 |
21.263,59 |
15,89 |
NET WORTH CHANGES STATUS
Status of recognized income and expenses
Figures given in €
|
NET WORTH CHANGES (1/3) |
31/12/2011 (12) |
31/12/2010 (12) |
31/12/2009 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
62.187,08 |
-23.590,50 |
21.263,59 |
|
INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH |
|
|
|
|
I. For valuation of financial instruments |
|
|
|
|
II. Cash flow coverage |
|
|
|
|
III. Received legacies, grants and subventions |
|
|
|
|
IV. For actuarial profits and losses and other adjustments |
|
|
|
|
V. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
VI. Conversion differences |
|
|
|
|
VII. Tax effect |
|
|
|
|
B) TOTAL INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH (I + II +
III + IV +V+VI+VII) |
|
|
|
|
PROFIT AND LOSS ACCOUNT TRANSFERS |
|
|
|
|
VIII. For valuation of financial instruments |
|
|
|
|
IX. Cash flow coverage |
|
|
|
|
X. Received legacies, grants and subventions |
|
|
|
|
XI. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
XII. Conversion differences |
|
|
|
|
XIII. Tax effect |
|
|
|
|
C) TOTAL TRANSFERS TO THE PROFIT AND LOSS ACCOUNT (VIII + IX + X + XI+
XII+ XIII) |
|
|
|
|
TOTAL INCOME AND EXPENSES RECOGNIZED (A + B + C) |
62.187,08 |
-23.590,50 |
21.263,59 |
Total net worth changes status
Figures given in €
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
RESERVES |
RESULTS FROM PREVIOUS YEARS |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
3.006,00 |
31.577,38 |
|
-13.735,32 |
|
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) |
3.006,00 |
31.577,38 |
|
-13.735,32 |
|
I. Total recognized income and expenses |
|
|
|
21.263,59 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
-13.735,32 |
13.735,32 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
3.006,00 |
|
|
|
|
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) |
3.006,00 |
|
|
|
|
I. Total recognized income and expenses |
|
|
|
-23.590,50 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
39.105,65 |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
3.006,00 |
|
-23.590,50 |
39.105,65 |
|
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) |
3.006,00 |
|
-23.590,50 |
39.105,65 |
|
I. Total recognized income and expenses |
|
|
|
62.187,08 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
39.105,65 |
|
-39.105,65 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
3.006,00 |
39.105,65 |
-23.590,50 |
62.187,08 |
|
NET WORTH CHANGES ( 3 /3) |
TOTAL |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
20.848,06 |
|
||
|
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) |
20.848,06 |
|
||
|
I. Total recognized income and expenses |
21.263,59 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
3.006,00 |
|
||
|
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) |
3.006,00 |
|
||
|
I. Total recognized income and expenses |
-23.590,50 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
39.105,65 |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
18.521,15 |
|
||
|
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) |
18.521,15 |
|
||
|
I. Total recognized income and expenses |
62.187,08 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
80.708,23 |
|
||
RATIOS
|
|
31/12/2011 (12) |
CHANGE % |
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
-117.033,27 |
12,66 |
-133.997,51 |
-49,39 |
-89.696,93 |
|
Working capital ratio |
-0,20 |
17,39 |
-0,23 |
-43,75 |
-0,16 |
|
Soundness Ratio |
0,16 |
300,00 |
0,04 |
-55,56 |
0,09 |
|
Average Collection Period (days) |
103 |
-84,65 |
669 |
253,71 |
189 |
|
Average Payment Period (days) |
228 |
6,20 |
215 |
-28,50 |
301 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
46,82 |
14,67 |
40,82 |
-7,69 |
44,23 |
|
Quick Ratio (%) |
21,82 |
415,84 |
4,23 |
267,83 |
1,15 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
76,39 |
-16,19 |
91,15 |
6,43 |
85,64 |
|
External Financing Average Cost |
0,02 |
-33,33 |
0,03 |
-40,00 |
0,05 |
|
Debt Service Coverage |
6,22 |
114,17 |
-43,90 |
-388,06 |
15,24 |
|
Interest Coverage |
10,74 |
883,94 |
-1,37 |
-160,35 |
2,27 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
38,33 |
243,99 |
-26,62 |
-212,61 |
23,64 |
|
Auto financing generated by Assets (%) |
12,28 |
690,38 |
-2,08 |
-137,01 |
5,62 |
|
Breakdown Point |
1,89 |
170,00 |
0,70 |
-56,79 |
1,62 |
|
Average Sales Volume per Employee |
192.798,51 |
332,01 |
44.628,61 |
-66,16 |
131.893,98 |
|
Average Cost per Employee |
12.666,24 |
-28,82 |
17.795,64 |
-54,99 |
39.537,45 |
|
Assets Turnover |
0,32 |
300,00 |
0,08 |
-66,67 |
0,24 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
15,12 |
547,34 |
-3,38 |
-137,02 |
9,13 |
|
Operating Profitability (%) |
17,06 |
1.373,13 |
-1,34 |
-112,27 |
10,92 |
|
Return on Equity (ROE) (%) |
102,74 |
160,50 |
-169,83 |
-352,27 |
67,32 |
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 |
82,88 |
77,44 |
5,44 |
|
A) CURRENT ASSETS |
17,12 |
22,56 |
-5,44 |
|
LIABILITIES |
|||
|
A) NET WORTH |
13,41 |
70,08 |
-56,67 |
|
B) NON CURRENT LIABILITIES |
50,02 |
14,84 |
35,18 |
|
C) CURRENT LIABILITIES |
36,57 |
15,08 |
21,49 |
|
|
|
|
|
Results Analytical Account
Figures given in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
97,72 |
95,21 |
2,51 |
|
Other operating income |
2,28 |
4,79 |
-2,51 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-10,99 |
-11,95 |
0,96 |
|
Variation in stocks of finished goods and work in progress |
|
0,18 |
|
|
GROSS MARGIN |
89,01 |
88,23 |
0,78 |
|
Other operating costs |
-30,55 |
-35,48 |
4,93 |
|
Labour cost |
-6,42 |
-41,93 |
35,51 |
|
GROSS OPERATING RESULT |
52,04 |
10,82 |
41,22 |
|
Amortization of fixed assets |
-5,94 |
-4,96 |
-0,98 |
|
Deterioration and result for fixed assets disposal |
|
1,21 |
|
|
Other expenses / income |
|
0,49 |
|
|
NET OPERATING RESULT |
46,10 |
7,56 |
38,54 |
|
Financial result |
-4,08 |
12,21 |
-16,29 |
|
RESULT BEFORE TAX |
42,03 |
19,78 |
22,25 |
|
Taxes on profits |
-10,51 |
-0,54 |
-9,97 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
31,52 |
19,23 |
12,29 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
31,52 |
19,23 |
12,29 |
|
Amortization of fixed assets |
-5,94 |
-4,96 |
-0,98 |
|
Deterioration and provisions variation |
|
1,35 |
|
|
|
37,45 |
22,85 |
14,60 |
Main Ratios
Figures given in €
|
|
COMPANY (2011) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
-117.033,27 |
-2.977,26 |
30.935,25 |
136.853,24 |
|
Working capital ratio |
-0,20 |
-0,01 |
0,15 |
0,42 |
|
Soundness Ratio |
0,16 |
0,56 |
1,04 |
2,54 |
|
Average Collection Period (days) |
103 |
26 |
70 |
159 |
|
Average Payment Period (days) |
228 |
74 |
157 |
343 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
46,82 |
92,57 |
171,70 |
420,94 |
|
Quick Ratio (%) |
21,82 |
19,87 |
80,90 |
239,43 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
76,39 |
1,39 |
18,84 |
46,36 |
|
External Financing Average Cost |
0,02 |
0,00 |
0,02 |
0,05 |
|
Debt Service Coverage |
6,22 |
0,00 |
1,00 |
7,35 |
|
Interest Coverage |
10,74 |
-0,40 |
2,37 |
13,62 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
38,33 |
1,26 |
7,74 |
24,26 |
|
Auto financing generated by Assets (%) |
12,28 |
0,64 |
4,25 |
10,89 |
|
Breakdown Point |
1,89 |
0,98 |
1,04 |
1,20 |
|
Average Sales Volume per Employee |
192.798,51 |
36.454,68 |
60.000,00 |
99.551,18 |
|
Average Cost per Employee |
12.666,24 |
0,00 |
21.898,45 |
34.928,31 |
|
Assets Turnover |
0,32 |
0,12 |
0,56 |
1,39 |
|
Inventory Turnover (days) |
0 |
0 |
0 |
6 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
15,12 |
-0,33 |
2,38 |
8,24 |
|
Operating Profitability (%) |
17,06 |
0,47 |
4,87 |
12,73 |
|
Return on Equity (ROE) (%) |
102,74 |
-1,06 |
4,51 |
18,13 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.79 |
|
|
1 |
Rs.91.03 |
|
Euro |
1 |
Rs.78.52 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.