MIRA
INFORM REPORT
|
Report Date : |
11.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
SERIBAS SERIGRAFIA INDUSTRIAL SL |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
10.01.1995 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Printing & service act. |
|
|
|
|
No. of Employees : |
05 |
RATING & COMMENTS
|
MIRA’s 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 (31.03.2012) |
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
SERIBAS SERIGRAFIA INDUSTRIAL SL
CIF/NIF: B07698673
Company situation: Active
INFORMATION OF THE
REQUEST
Data of your
request
|
|
|
|
Registered Name SERIGRAFIA
INDUSTRIAL S.L Complete Address GENERAL
WEYLER, 25 1” A 07300 Telephones 971501431 Request reason SERIBAS |
Year of the accounts to be delivered 2011 Language Inglés Delivery Method E-mail Delivery Format RTF Delivery time 4 days Report Reference
Number 213549 |
Answer to the data
in your request
The data of your request have been confirmed and are correct.
Cif / Nif
The NIF/CIF provided is registered as IVA (Added Value Tax) operator in
the database of the Tax Office
EXECUTIVE SUMMARY
Identification
Current Business Name: SERIBAS SERIGRAFIA INDUSTRIAL SL
Other names: YES
Current Address: CALLE GENERAL WEYLER, 25 - 1ºA
Branches: 1
Telephone number: 971501431
URL: www.seribas.es
Corporate e-mail: seribas@terra.es
Trade Risk
Incidents: NO
R.A.I.: NO
Financial
Information
Balance sheet latest sales (2011): 334.221,81 € (Mercantile Register)
Result: 670,96 €
Total Assets: 685.665,27 €
Share capital: 60.101,21 €
Employees: 5
Listed on a Stock Exchange: NO
Commercial
Information
Incorporation date: 10/01/1995
Activity: Printing & service act. Related to
NACE 2009 CODE: 1812
International Operations: Exports
Corporate
Structure
Sole Administrator:
Parent Company:
Other
Complementary Information
Latest filed accounts in the Mercantile Register: 2011
Latest act published in BORME: 05/09/2011 Annual Filed Accounts
Latest press article: No press articles registered for this
company
Bank Entities: There are
The date when this report was last updated is 08/03/2013.
The information contained in this report has been investigated and
contrasted on 08/03/2013
Financial situation
|
Exercise:2011 |
|
|||
|
Indebtedness |
|
Important |
|
|
|
Profitability |
|
Sufficient |
|
|
|
Soundness |
|
Degraded |
|
|
Performance
|
Incidents |
|
None or Negligible |
|
Business
Trajectory |
|
Good |
Rating Explanation
Financial situation
•
The company’s financial situation
is unfavourable.
•
The sales evolution and results has
been negative.
Company Structure
•
The company’s capitalization degree determines that
its structure is normal.
•
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 |
9 |
•
There has been a change in the formula version. |
|
06/11/2012 |
Reduction |
6 |
•
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.
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
07/03/2013 08:03:52
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 |
506.717,69 |
73,90 |
491.066,36 |
68,51 |
483.541,56 |
61,91 |
|
B) CURRENT ASSETS |
178.947,58 |
26,10 |
225.690,84 |
31,49 |
297.496,73 |
38,09 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
142.967,88 |
20,85 |
142.296,92 |
19,85 |
148.952,29 |
19,07 |
|
B) NON CURRENT LIABILITIES |
310.077,46 |
45,22 |
315.348,11 |
44,00 |
285.348,11 |
36,53 |
|
C) CURRENT LIABILITIES |
232.619,93 |
33,93 |
259.112,17 |
36,15 |
346.737,89 |
44,39 |
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 |
334.221,81 |
|
434.041,13 |
|
439.009,27 |
|
|
GROSS MARGIN |
178.091,00 |
53,29 |
214.247,23 |
49,36 |
211.604,39 |
48,20 |
|
EBITDA |
5.616,29 |
1,68 |
13.469,45 |
3,10 |
8.761,42 |
2,00 |
|
EBIT |
5.616,29 |
1,68 |
8.284,95 |
1,91 |
8.761,42 |
2,00 |
|
NET RESULT |
670,96 |
0,20 |
2.133,28 |
0,49 |
1.430,28 |
0,33 |
|
EFFECTIVE TAX RATE (%) |
25,00 |
0,01 |
25,00 |
0,01 |
|
|
COMPARATIVE SECTOR ANALYSIS
Values
table
Figures expressed in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|||
|
A) NON CURRENT ASSETS |
73,90 |
49,04 |
24,86 |
|
|
|
|
|
A) CURRENT ASSETS |
26,10 |
50,96 |
-24,86 |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|||
|
A) NET WORTH |
20,85 |
43,29 |
-22,44 |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
45,22 |
23,68 |
21,54 |
|
|
|
|
|
C) CURRENT LIABILITIES |
33,93 |
33,03 |
0,90 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
|
|
|
|
SALES |
100,00 |
99,16 |
0,84 |
|
|
|
|
|
GROSS MARGIN |
53,29 |
57,56 |
-4,27 |
|
|
|
|
|
EBITDA |
1,68 |
7,64 |
-5,96 |
|
|
|
|
|
EBIT |
1,68 |
1,65 |
0,03 |
|
|
|
|
|
NET RESULT |
0,20 |
-0,19 |
0,39 |
|
|
|
|
Sector Composition
Compared sector (NACE 2009): 1812
Number of companies: 2774
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 |
670,96 |
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 |
0,00 |
|
Total of Amounts to be distributed |
670,96 |
Dividends |
0,00 |
|
|
|
Carry over and others |
670,96 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
670,96 |
Company ADDRESSES
Current Legal Seat Address:
CALLE GENERAL WEYLER, 25 - 1ºA
07300 INCA BALEARES
Previous Seat Address:
CALLE PEREZ GALDOS 29
07300 INCA
BALEARES
Characteristics of
the current address
Type of establishment: store
Local Situation: secondary
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
CALLE QUARTER (PG IND CAN MATZARI), 57 |
07300 |
INCA |
Baleares |
There are 1 branches registered
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Governing body : 1 member (latest change: 29/08/1997)
Operative Board Members : 4 (latest change: 12/11/2010)
Non-current positions : 1 (latest change: 29/08/1997)
Main Board
members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
SOLE ADMINISTRATOR |
MARTORELL GARAU, RAMON |
29/08/1997 |
|
|
|
|
There are 1 board members, directors and auditors registered
|
POSITION |
NAME AND SURNAME |
|
Manager |
MARTORELL GARAU, RAMON |
|
Financial Manager |
MARTORELL, CORNELIA |
|
Commercial Director |
MARTORELL GARAU, RAMON |
|
Exports Director |
MARTORELL GARAU, RAMON |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
MARTORELL GARAU RAMON |
|
100,00 |
OWN SOURCES |
08/03/2013 |
There are 1 direct financial links through shareholders
registered
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
MARTORELL PRATS ANTONIO |
|
50,00 |
OWN SOURCES |
06/07/2007 |
POTENTIAL LINKS
Search Criterion: ”SERIBAS SERIGRAFIA INDUSTRIAL SL”
URL: www.dissenysoriola.com
Dissenys oriola - mª carmen - freelance Diseño y desarrollo
de productos publicitarios, packaging y producto final. Empresa Seribas s.l.,
serigrafía industrial. • Técnico creación de planos, planificación ...
URL: www.boe.es
borme-b-2011-169-07 - BOE.es 5 Sep 2011 ... 427613 - SERIBAS
SERIGRAFIA INDUSTRIAL SL(R.M. PALMA DE MALLORCA) (2010). 427614 - SERIGRAFIA PZ
SL(R.M. PALMA DE ...
URL: www.vendoyate.com
Compra venta de yates en Mallorca, compro yate, vendo yate ... es una web de
Serigrafía PZ, Mallorca · E MAIL pz@pzserigrafia.com ... Anuncios gratuitos
compra venta naves industriales Anuncios gratuitos compra venta ...
BUSINESS INFORMATION
Incorporation date: 10/01/1995
Activity: Printing & service act. Related to
NACE 2009 CODE: 1812
NACE 2009 Activity: Other printing
Business: FABRICACION DE ARTICULOS DE MARROQUINERIA Y VIAJE,
CONFECCION DE ARTICULOS DE PIEL, EN SUS DISTINTAS MODALIDADES, Y LA
FABRICACION, COMERCIALIZACION DE PRODUCTOS TEXTILES PRENDAS DE VESTIR,
ACCESORIOS DEL VESTIDO, ASI CO
(Manufacture of luggage, handbags and, production of leather goods, in
its various forms, and manufacturing, marketing products Textiles Clothing,
clothing accessories, ASI CO)
(Enlargement)LA PRESTACION DE SERVICIOS DE PUBLICIDAD, RELACIONES
PUBLICAS Y SIMILARES E IMPRESION SOBRE CUALQUIER SOPORTE.
Activity description: Serigrafía y artes gráficas.
Latest employees figure: 5 (2013)
% of fixed employees: 80,00%
% of temporary employees: 20,00%
% of men: 60,00%
% of women: 40,00%
Employees
evolution
|
|
|
|
Source: Annual financial report 2011
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Distribution by sexes |
|
3 |
2 |
COMMERCIAL OPERATIONS
SALES
Credit collections: 100%
Export Percentage: 100%
Exports to: Europa
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO DE SABADELL, S.A. |
0246 |
C BISBE LLOMPART 000017 |
INCA |
Baleares |
|
BANCO MARE NOSTRUM, S.A. |
2031 |
MESTRE ANTONI VIDAL, 10 |
LLOSETA |
Baleares |
There are 2 bank entities registered
FORMER NAMES:
•
BABUCHAS ASTOR S.L.
Brand name: NON SLIP BAS SOLE (Valid)
Type: JOINT Scope: NATIONAL Date: 22/04/2002
There are 3 brands, signs and commercial names
LEGAL STRUCTURE
Constitution Data
Register Date: 10/01/1995
Register town: Baleares
Announcement number: 130830
Share capital: 60.101,21 €
Legal form: Limited Liability Company
Share capital: 60.101,21 €
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: 2 (Last: 05/05/2008, first:
30/10/1995)
Acts on administrators: 3 (Last: 29/08/1997, first:
27/04/1995)
Acts on capital: 0
Acts on creation: 1 (Last: 27/04/1995)
Acts on filed accounts: 16 (Last: 05/09/2011, first:
27/08/1996)
Acts on identification: 2 (Last: 05/05/2008, first:
30/10/1995)
Acts on Information: 2 (Last: 29/08/1997, first:
30/10/1995)
Latest acts in
B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Annual Filed Accounts (2010) |
05/09/2011 |
427613 |
Baleares |
|
Annual Filed Accounts (2009) |
09/09/2010 |
493494 |
Baleares |
|
Annual Filed Accounts (2008) |
05/10/2009 |
581998 |
Baleares |
|
Annual Filed Accounts (2007) |
04/11/2008 |
1043654 |
Baleares |
|
Registered activity enlargement |
05/05/2008 |
225008 |
Baleares |
|
Change of business name |
05/05/2008 |
225008 |
Baleares |
|
Annual Filed Accounts (2006) |
22/10/2007 |
862600 |
Baleares |
|
Annual Filed Accounts (2005) |
06/09/2006 |
316919 |
Baleares |
|
Annual Filed Accounts (2004) |
27/09/2005 |
548190 |
Baleares |
|
Annual Filed Accounts (2003) |
24/11/2004 |
900347 |
Baleares |
There are 26 acts registered
Press articles
No press articles registered for this company
Complementary
Information
Financial Information
El balance cerrado a 31/12/2008 (Deposito 2008) esta disponible en
INFORMA, pero existen datos en los nuevos estados contables incorrectamente
presentados.
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 30/10/2012.
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 |
506.717,69 |
73,90 |
491.066,36 |
68,51 |
483.541,56 |
61,91 |
|
I. Intangible assets |
33.214,34 |
4,84 |
33.214,34 |
4,63 |
33.214,34 |
4,25 |
|
II. Tangible fixed assets |
473.503,35 |
69,06 |
457.852,02 |
63,88 |
450.327,22 |
57,66 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Long Term Financial Investments |
|
|
|
|
|
|
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
178.947,58 |
26,10 |
225.690,84 |
31,49 |
297.496,73 |
38,09 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
107.318,67 |
15,65 |
103.412,28 |
14,43 |
147.902,44 |
18,94 |
|
III. Trade Debtors and other receivable accounts |
71.628,91 |
10,45 |
122.278,56 |
17,06 |
149.594,29 |
19,15 |
|
1. Clients |
67.116,34 |
9,79 |
121.440,51 |
16,94 |
149.594,29 |
19,15 |
|
b) Clients for sales and short term services
rendering |
67.116,34 |
9,79 |
121.440,51 |
16,94 |
149.594,29 |
19,15 |
|
3. Other debtors |
4.512,57 |
0,66 |
838,05 |
0,12 |
|
|
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Short term financial investments |
|
|
|
|
|
|
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
|
|
|
|
|
|
|
TOTAL ASSETS (A + B) |
685.665,27 |
100,00 |
716.757,20 |
100,00 |
781.038,29 |
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 |
142.967,88 |
20,85 |
142.296,92 |
19,85 |
148.952,29 |
19,07 |
|
A-1) Equity |
142.967,88 |
20,85 |
142.296,92 |
19,85 |
140.163,64 |
17,95 |
|
I. Capital |
60.101,21 |
8,77 |
60.101,21 |
8,39 |
60.101,21 |
7,70 |
|
1. Authorized capital |
60.101,21 |
8,77 |
60.101,21 |
8,39 |
60.101,21 |
7,70 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
79.727,17 |
11,63 |
79.727,17 |
11,12 |
79.727,17 |
10,21 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
2.468,54 |
0,36 |
335,26 |
0,05 |
-1.095,02 |
-0,14 |
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
670,96 |
0,10 |
2.133,28 |
0,30 |
1.430,28 |
0,18 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
8.788,65 |
1,13 |
|
B) NON CURRENT LIABILITIES |
310.077,46 |
45,22 |
315.348,11 |
44,00 |
285.348,11 |
36,53 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
310.077,46 |
45,22 |
315.348,11 |
44,00 |
285.348,11 |
36,53 |
|
1. Debts with bank entities |
59.600,98 |
8,69 |
97.500,00 |
13,60 |
67.500,00 |
8,64 |
|
3. Other long term debts |
250.476,48 |
36,53 |
217.848,11 |
30,39 |
217.848,11 |
27,89 |
|
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 |
232.619,93 |
33,93 |
259.112,17 |
36,15 |
346.737,89 |
44,39 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
44.639,75 |
6,51 |
21.538,09 |
3,00 |
114.307,63 |
14,64 |
|
3. Other short term debts |
44.639,75 |
6,51 |
21.538,09 |
3,00 |
114.307,63 |
14,64 |
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
|
|
V. Trade creditors and other payable accounts |
187.980,18 |
27,42 |
237.574,08 |
33,15 |
232.430,26 |
29,76 |
|
1. Suppliers |
26.939,39 |
3,93 |
86.428,95 |
12,06 |
78.786,44 |
10,09 |
|
b) Short term suppliers |
26.939,39 |
3,93 |
86.428,95 |
12,06 |
78.786,44 |
10,09 |
|
2. Other creditors |
161.040,79 |
23,49 |
151.145,13 |
21,09 |
153.643,82 |
19,67 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
685.665,27 |
100,00 |
716.757,20 |
100,00 |
781.038,29 |
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 |
334.221,81 |
100,00 |
434.041,13 |
100,00 |
439.009,27 |
100,00 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-156.130,81 |
-46,71 |
-219.793,90 |
-50,64 |
-227.404,88 |
-51,80 |
|
5. Other operating income |
|
|
|
|
|
|
|
6. Labour cost |
-89.292,43 |
-26,72 |
-109.169,94 |
-25,15 |
-94.847,68 |
-21,60 |
|
7. Other operating costs |
-85.176,70 |
-25,49 |
-103.065,99 |
-23,75 |
-109.282,40 |
-24,89 |
|
8. Amortization of fixed assets |
|
|
|
|
|
|
|
9. Allocation of subventions on non financial investments and other |
|
|
11.008,36 |
2,54 |
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
|
|
-5.184,50 |
-1,19 |
|
|
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
1.994,42 |
0,60 |
449,79 |
0,10 |
1.287,11 |
0,29 |
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) |
5.616,29 |
1,68 |
8.284,95 |
1,91 |
8.761,42 |
2,00 |
|
14. Financial income |
0,12 |
0,00 |
0,44 |
0,00 |
0,72 |
0,00 |
|
b) Other financial income |
0,12 |
0,00 |
0,44 |
0,00 |
0,72 |
0,00 |
|
15. Financial expenses |
-4.721,79 |
-1,41 |
-5.441,02 |
-1,25 |
-7.331,86 |
-1,67 |
|
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 |
|
|
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-4.721,67 |
-1,41 |
-5.440,58 |
-1,25 |
-7.331,14 |
-1,67 |
|
C) RESULT BEFORE TAXES (A + B) |
894,62 |
0,27 |
2.844,37 |
0,66 |
1.430,28 |
0,33 |
|
20. Taxes on profits |
-223,66 |
-0,07 |
-711,09 |
-0,16 |
|
|
|
D) EXERCISE RESULT (C + 20) |
670,96 |
0,20 |
2.133,28 |
0,49 |
1.430,28 |
0,33 |
NET WORTH CHANGES STATUS
Status of
recognized income and expenses
For the financial statements presented under the SME’s 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 /2) |
AUTHORIZED CAPITAL |
RESERVES |
RESULTS FROM PREVIOUS EXERCISES |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
60.101,21 |
79.727,17 |
-17.394,24 |
16.299,22 |
|
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) |
60.101,21 |
79.727,17 |
-17.394,24 |
16.299,22 |
|
I. Total recognized income and expenses |
|
|
|
1.430,28 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
16.299,22 |
-16.299,22 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
60.101,21 |
79.727,17 |
-1.095,02 |
1.430,28 |
|
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) |
60.101,21 |
79.727,17 |
-1.095,02 |
1.430,28 |
|
I. Total recognized income and expenses |
|
|
|
2.133,28 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
1.430,28 |
-1.430,28 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
60.101,21 |
79.727,17 |
335,26 |
2.133,28 |
|
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) |
60.101,21 |
79.727,17 |
335,26 |
2.133,28 |
|
I. Total recognized income and expenses |
|
|
|
670,96 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
2.133,28 |
-2.133,28 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
60.101,21 |
79.727,17 |
2.468,54 |
670,96 |
|
NET WORTH CHANGES ( 2 /2) |
RECEIVED LEGACIES, GRANTS AND SUBVENTIONS |
TOTAL |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
|
138.733,36 |
|
|
|
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) |
|
138.733,36 |
|
|
|
I. Total recognized income and expenses |
8.788,65 |
10.218,93 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
8.788,65 |
148.952,29 |
|
|
|
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) |
8.788,65 |
148.952,29 |
|
|
|
I. Total recognized income and expenses |
-8.788,65 |
-6.655,37 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
|
142.296,92 |
|
|
|
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) |
|
142.296,92 |
|
|
|
I. Total recognized income and expenses |
|
670,96 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
|
142.967,88 |
|
|
RATIOS
|
|
31/12/2011 (12) |
CHANGE % |
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
-53.672,35 |
-60,59 |
-33.421,33 |
32,13 |
-49.241,16 |
|
Working capital ratio |
-0,08 |
-60,00 |
-0,05 |
16,67 |
-0,06 |
|
Soundness Ratio |
0,28 |
-3,45 |
0,29 |
0,00 |
0,29 |
|
Average Collection Period (days) |
77 |
-24,11 |
102 |
-17,30 |
123 |
|
Average Payment Period (days) |
280 |
5,84 |
265 |
6,67 |
248 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
76,93 |
-11,68 |
87,10 |
1,52 |
85,80 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
51,73 |
10,06 |
47,00 |
-8,15 |
51,17 |
|
External Financing Average Cost |
0,01 |
-50,00 |
0,02 |
0,00 |
0,02 |
|
Debt Service Coverage |
528,67 |
234,77 |
157,92 |
-43,48 |
279,42 |
|
Interest Coverage |
1,19 |
-21,71 |
1,52 |
26,67 |
1,20 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
0,20 |
-59,18 |
0,49 |
48,48 |
0,33 |
|
Auto financing generated by Assets (%) |
0,10 |
-66,67 |
0,30 |
66,67 |
0,18 |
|
Breakdown Point |
1,02 |
0,00 |
1,02 |
0,00 |
1,02 |
|
Average Sales Volume per Employee |
80.341,78 |
4,77 |
76.685,71 |
-3,75 |
79.675,00 |
|
Average Cost per Employee |
21.464,53 |
11,28 |
19.287,97 |
12,05 |
17.213,74 |
|
Assets Turnover |
0,49 |
-19,67 |
0,61 |
8,93 |
0,56 |
|
Inventory Turnover (days) |
247 |
46,17 |
169 |
-27,69 |
234 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
0,82 |
-29,31 |
1,16 |
3,57 |
1,12 |
|
Operating Profitability (%) |
0,82 |
90,70 |
0,43 |
-61,61 |
1,12 |
|
Return on Equity (ROE) (%) |
0,63 |
-68,50 |
2,00 |
96,08 |
1,02 |
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 |
73,90 |
49,04 |
24,86 |
|
A) CURRENT ASSETS |
26,10 |
50,96 |
-24,86 |
|
LIABILITIES |
|||
|
A) NET WORTH |
20,85 |
43,29 |
-22,44 |
|
B) NON CURRENT LIABILITIES |
45,22 |
23,68 |
21,54 |
|
C) CURRENT LIABILITIES |
33,93 |
33,03 |
0,90 |
|
|
|
|
|
Results Analytical
Account
Figures given in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
99,16 |
0,84 |
|
Other operating income |
|
0,84 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-46,71 |
-42,92 |
-3,79 |
|
Variation in stocks of finished goods and work in progress |
|
0,47 |
|
|
GROSS MARGIN |
53,29 |
57,56 |
-4,27 |
|
Other operating costs |
-25,49 |
-17,81 |
-7,68 |
|
Labour cost |
-26,72 |
-32,65 |
5,93 |
|
GROSS OPERATING RESULT |
1,08 |
7,10 |
-6,02 |
|
Amortization of fixed assets |
|
-6,34 |
|
|
Deterioration and result for fixed assets disposal |
|
0,34 |
|
|
Other expenses / income |
|
0,55 |
|
|
NET OPERATING RESULT |
1,68 |
1,65 |
0,03 |
|
Financial result |
-1,41 |
-1,67 |
0,26 |
|
RESULT BEFORE TAX |
0,27 |
-0,02 |
0,29 |
|
Taxes on profits |
-0,07 |
-0,17 |
0,10 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
0,20 |
-0,19 |
0,39 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
0,20 |
-0,19 |
0,39 |
|
Amortization of fixed assets |
|
-6,34 |
|
|
Deterioration and provisions variation |
|
0,35 |
|
|
|
0,20 |
5,80 |
-5,60 |
Main Ratios
Figures given in €
|
|
COMPANY (2011) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
-53.672,35 |
995,59 |
44.834,35 |
154.813,34 |
|
Working capital ratio |
-0,08 |
0,00 |
0,17 |
0,37 |
|
Soundness Ratio |
0,28 |
0,43 |
0,88 |
1,87 |
|
Average Collection Period (days) |
77 |
61 |
98 |
142 |
|
Average Payment Period (days) |
280 |
103 |
143 |
213 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
76,93 |
101,20 |
144,41 |
235,92 |
|
Quick Ratio (%) |
|
6,85 |
24,17 |
69,29 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
51,73 |
11,37 |
29,59 |
49,87 |
|
External Financing Average Cost |
0,01 |
0,02 |
0,04 |
0,07 |
|
Debt Service Coverage |
528,67 |
0,00 |
2,83 |
7,88 |
|
Interest Coverage |
1,19 |
-1,11 |
1,39 |
4,42 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
0,20 |
1,05 |
5,14 |
10,12 |
|
Auto financing generated by Assets (%) |
0,10 |
1,03 |
5,03 |
9,50 |
|
Breakdown Point |
1,02 |
0,98 |
1,02 |
1,06 |
|
Average Sales Volume per Employee |
80.341,78 |
52.245,87 |
73.947,16 |
104.475,54 |
|
Average Cost per Employee |
21.464,53 |
19.644,48 |
25.508,30 |
32.502,84 |
|
Assets Turnover |
0,49 |
0,64 |
0,96 |
1,41 |
|
Inventory Turnover (days) |
247 |
12 |
66 |
186 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
0,82 |
-1,67 |
2,22 |
5,14 |
|
Operating Profitability (%) |
0,82 |
1,88 |
6,78 |
11,95 |
|
Return on Equity (ROE) (%) |
0,63 |
-7,88 |
2,61 |
11,01 |
ADDITIONAL INFORMATION
Consulted Sources
Mercantile Registrars
Chamber of Commerce / Camerdata
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
BOP
INTERNET
La propia empresa.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.40 |
|
UK Pound |
1 |
Rs.81.57 |
|
Euro |
1 |
Rs.71.24 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this report.
The assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.