|
Report Date : |
30.05.2013 |
IDENTIFICATION DETAILS
|
Name : |
ERREVI - S.P.A. |
|
|
|
|
Registered Office : |
Via Curiel, 11 10024 – Moncalieri (TO) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
15.05.1974 |
|
|
|
|
Com. Reg. No.: |
TO272-1971-711 of since 19/02/1996 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Sale of motor vehicle parts and accessories |
|
|
|
|
No. of Employees : |
From 36 to 50 |
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 : |
Good |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
-- |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ITALY - ECONOMIC OVERVIEW
Italy has a diversified industrial economy, which is divided
into a developed industrial north, dominated by private companies, and a less-developed,
highly subsidized, agricultural south, where unemployment is high. The Italian
economy is driven in large part by the manufacture of high-quality consumer
goods produced by small and medium-sized enterprises, many of them
family-owned. Italy also has a sizable underground economy, which by some
estimates accounts for as much as 17% of GDP. These activities are most common
within the agriculture, construction, and service sectors. Italy is the
third-largest economy in the euro-zone, but its exceptionally high public debt
and structural impediments to growth have rendered it vulnerable to scrutiny by
financial markets. Public debt has increased steadily since 2007, topping 126%
of GDP in 2012, and investor concerns about the broader euro-zone crisis at
times have caused borrowing costs on sovereign government debt to rise to
euro-era. During the second half of 2011 the government passed three austerity
packages to reduce its budget deficit and help bring down borrowing costs.
These measures included a hike in the value-added tax, pension reforms, and
cuts to public administration. The government also faces pressure from
investors and European partners to sustain its recent efforts to address
Italy's long-standing structural impediments to growth, such as labor market
inefficiencies and widespread tax evasion. In 2012 economic growth and labor
market conditions deteriorated, with growth at -2.3% and unemployment rising to
nearly 11%, with youth unemployment around 35%. The government has undertaken
several reform initiatives designed to increase long-term economic growth.
Italy's GDP is now 7% below its 2007 pre-crisis level.
Source
: CIA
Errevi - S.p.A.
Via Curiel, 11
10024 – Moncalieri (TO) -IT-
|
Fiscal Code |
: |
00527430011 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
15/05/1974 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
15.500.000/18.000.000 |
|
Number of Employees |
: |
from 36 to 50 |
Sale of motor vehicle parts and accessories
Legal Form : Joint stock company
|
Fiscal Code : 00527430011 |
|
Foreign Trade Reg. no. : TO013705 since 17/12/1991 |
|
Chamber of Commerce no. : 446462 of since 05/07/1971 |
|
Firms' Register : TO272-1971-711 of since 19/02/1996 |
|
V.A.T. Code : 00527430011 |
|
Foundation date |
: 14/06/1971 |
|
|
Establishment date |
: 14/06/1971 |
|
|
Start of Activities |
: 15/05/1974 |
|
|
Legal duration |
: 31/12/2040 |
|
|
Nominal Capital |
: 1.820.000 |
|
|
Subscribed Capital |
: 1.820.000 |
|
|
Paid up Capital |
: 1.820.000 |
|
|
|
Cava |
Giovanni |
|
|
|
Born in Torino |
(TO) |
on 16/12/1950 |
- Fiscal Code : CVAGNN50T16L219R |
|
|
|
Residence: |
|
Peschiera |
, 249 |
- 10141 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
05/05/2011 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Cassardo |
Giuseppe |
|
|
|
Born in Moncalieri |
(TO) |
on 18/03/1941 |
- Fiscal Code : CSSGPP41C18F335S |
|
|
|
Residence: |
|
Milius |
, 1 |
- 10024 |
Moncalieri |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
05/05/2011 |
|
|
|
Board Chairman |
21/05/2008 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Cassardo |
Sergio |
|
|
|
Born in Torino |
(TO) |
on 20/03/1969 |
- Fiscal Code : CSSSRG69C20L219H |
|
|
|
Residence: |
|
Milius |
, 1 |
- 10024 |
Moncalieri |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
05/05/2011 |
|
|
|
Managing Director |
05/05/2011 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Gabola |
Andrea |
|
|
|
Born in Napoli |
(NA) |
on 31/03/1973 |
- Fiscal Code : GBLNDR73C31F839D |
|
|
|
Residence: |
|
A. Picco |
, 54/6 |
- 10131 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Auditor |
19/05/2010 |
|
|
|
|
Cassardo |
Marco |
|
|
|
Born in Moncalieri |
(TO) |
on 18/06/1965 |
- Fiscal Code : CSSMRC65H18F335M |
|
|
|
Residence: |
|
Milius |
, 1 |
- 10024 |
Moncalieri |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
05/05/2011 |
|
|
|
Managing Director |
05/05/2011 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have
holded positions.
|
|
Cassardo |
Giuseppe |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Cantina Gigi Rosso S.r.l. |
Castiglione Falletto (CN) - IT - |
00656880044 |
Director |
Withdrawn |
Registered |
|
Overcar S.r.l. |
Torino (TO) - IT - |
03689420010 |
Director |
Withdrawn |
Registered |
|
Agricola Miralanga S.R.L. |
Torino (TO) - IT - |
03899860013 |
Sole Director |
Withdrawn |
Registered |
|
Alamanni 91 S.r.l. In Liquidazione |
Torino (TO) - IT - |
06053510019 |
Sole Director |
Withdrawn |
Registered |
|
Alamanni 91 S.r.l. In Liquidazione |
Torino (TO) - IT - |
06053510019 |
Liquidator |
Active |
Registered |
|
Edam - S.r.l. |
Torino (TO) - IT - |
02329380014 |
Managing
Director |
Withdrawn |
Registered |
|
Edam - S.r.l. |
Torino (TO) - IT - |
02329380014 |
Director |
Active |
Registered |
|
Edam - S.r.l. |
Torino (TO) - IT - |
02329380014 |
Board Chairman |
Active |
Registered |
|
Sermarc - Societa' Semplice |
Torino (TO) - IT - |
80171380019 |
Partner |
Active |
Registered |
|
Primula Rossa Societa' Semplice |
Torino (TO) - IT - |
80112280013 |
Partner |
Active |
Registered |
|
Tenuta Duecorti S.r.l. - Societa' Agricola (od Anche In Sigla Per
L'indicazione |
Parma (PR) - IT - |
03046910042 |
Director |
Withdrawn |
Registered |
|
|
Cassardo |
Sergio |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Overcar S.r.l. |
Torino (TO) - IT - |
03689420010 |
Director |
Withdrawn |
Registered |
|
Overcar S.r.l. |
Torino (TO) - IT - |
03689420010 |
Board Chairman |
Withdrawn |
Registered |
|
Edam - S.r.l. |
Torino (TO) - IT - |
02329380014 |
Managing
Director |
Active |
Registered |
|
Edam - S.r.l. |
Torino (TO) - IT - |
02329380014 |
Director |
Active |
Registered |
|
|
Cassardo |
Marco |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Overcar S.r.l. |
Torino (TO) - IT - |
03689420010 |
Managing
Director |
Withdrawn |
Registered |
|
Overcar S.r.l. |
Torino (TO) - IT - |
03689420010 |
Director |
Withdrawn |
Registered |
|
Cibici S.r.l. Societa' Unipersonale |
Torino (TO) - IT - |
08761770018 |
Sole Director |
Withdrawn |
Registered |
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Cava Giovanni |
Torino - IT - |
CVAGNN50T16L219R |
245.882 .Eur |
13,52 |
|
Cassardo Giuseppe |
Moncalieri - IT - |
CSSGPP41C18F335S |
618.072 .Eur |
33,95 |
|
Cassardo Sergio |
Moncalieri - IT - |
CSSSRG69C20L219H |
364.000 .Eur |
20,00 |
|
Cassardo Marco |
Moncalieri - IT - |
CSSMRC65H18F335M |
364.000 .Eur |
20,00 |
|
Cava Adraina |
|
CVADRN54L48L219D |
228.046 .Eur |
12,53 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Overcar S.r.l. |
Torino - IT - |
03689420010 |
166.400 .Eur |
80,00 |
|
|
Active |
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
since 08/06/1995 |
|
|
|
|
|
|
Curiel |
, 11 |
- 10024 |
- Moncalieri |
(TO) |
- IT - |
|
|
|
|
PHONE |
: 0116829000 |
|
|
|
|
FAX |
: 0116829092 |
|
|
|
|
Email |
: ERREVI@ERREVIPEC.IT |
|
- |
Branch |
(Warehouse) |
since 01/06/2011 |
|
|
|
|
|
|
Curiel |
, 13 |
- 10024 |
- Moncalieri |
(TO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/06/2011 |
|
|
|
|
|
|
Curiel |
, 16 |
- 10024 |
- Moncalieri |
(TO) |
- IT - |
|
|
|
|
Employees |
: 42 |
|
Fittings and Equipment for a value of 430.000 |
Eur |
|
Stocks for a value of 6.570.000 |
Eur |
|
Furniture and fittings for a value of 83.000 |
Eur |
|
Vehicles for a value of 360.000 |
Eur |
|
|
The firm operates abroad as exporter..
Export represents up to 20% of the global turnover.
Products abroad are placed by :
|
- importers |
|
- its own agents |
|
- direct orders from foreign companies |
Export is mainly towards:
|
- |
|
- Guyana |
EX-MEMBERS / EX-POSITIONS:
|
|
Cassardo |
Giuseppe |
|
|
|
Born in Moncalieri |
(TO) |
on 18/03/1941 |
- Fiscal Code : CSSGPP41C18F335S |
|
|
|
Residence: |
|
Milius |
, 1 |
- 10024 |
Moncalieri |
(TO) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
|
Berrino |
Luciano |
|
|
|
Born in Bra |
(CN) |
on 17/09/1930 |
- Fiscal Code : BRRLCN30P17B111G |
|
Ex-Postions |
|
Managing Director |
|
|
Cava |
Pietro |
|
|
|
Born in Sale |
(AL) |
on 16/02/1925 |
- Fiscal Code : CVAPTR25B16H694J |
|
|
|
Residence: |
|
Francia |
, 113 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Director |
|
|
Ranalli |
Mauro |
|
|
|
Born in Milano |
(MI) |
on 07/12/1957 |
- Fiscal Code : RNLMRA57T07F205P |
|
|
|
Residence: |
|
Re Umberto |
, 37 |
- 10128 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Francisetti |
Ilva Lucia |
|
|
|
Born in Torino |
(TO) |
on 14/02/1953 |
- Fiscal Code : FRNLLC53B54L219F |
|
|
|
Residence: |
|
Castello Mirafiori |
, 19/A |
- 10135 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Stefanini |
Carlo |
|
|
|
Born in Corteno Golgi |
(BS) |
on 17/09/1937 |
- Fiscal Code : STFCRL37P17D064P |
|
|
|
Residence: |
|
A.Graf |
, 2 |
- 10040 |
La Loggia |
(TO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Pignataro |
Giovanni |
|
|
|
Born in Brindisi |
(BR) |
on 11/09/1941 |
- Fiscal Code : PGNGNN41P11B180O |
|
|
|
Residence: |
|
Tevere |
, 33 |
- 10098 |
Rivoli |
(TO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Giovando |
Guido |
|
|
|
Born in Torino |
(TO) |
on 28/03/1971 |
- Fiscal Code : GVNGDU71C28L219P |
|
|
|
Residence: |
|
G. Ferraris |
, 111 |
- 10128 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Gabola |
Andrea |
|
|
|
Born in Napoli |
(NA) |
on 31/03/1973 |
- Fiscal Code : GBLNDR73C31F839D |
|
|
|
Residence: |
|
A. Picco |
, 54/6 |
- 10131 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Auditor |
|
|
CAVA |
GIOVANNI |
|
|
|
Born in TORINO |
(TO) |
on 16/12/1950 |
- Fiscal Code : CVAGNN50T16L219R |
|
|
|
Residence: |
|
PESCHIERA |
, 249 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Ghiglione |
Maria Paola |
|
|
|
Born in Prela' |
(IM) |
on 24/07/1947 |
- Fiscal Code : GHGMPL47L64H027V |
|
|
|
Residence: |
|
Des Geneyes |
, 3 |
- 10064 |
Pinerolo |
(TO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Temporary Auditor |
|
|
Ambroso |
Luca |
|
|
|
Born in Domodossola |
(NO) |
on 21/01/1975 |
- Fiscal Code : MBRLCU75A21D332C |
|
|
|
Residence: |
|
Re Umberto |
, 138 |
- 10128 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of merging by taking over of |
|
|
|
Cibici S.r.l. Societa' Unipersonale |
|
|
|
|
Re Umberto |
, 8 |
, 10121 |
, Torino |
(TO) |
- IT - |
|
|
|
Fiscal Code: 08761770018 |
|
|
|
Date |
Merging/splitting-up project: |
02/10/2012 |
|
|
The firm absorbed by merging of |
|
|
|
Overcar S.r.l. |
|
|
|
|
Re Umberto |
, 8 |
, 10121 |
, Torino |
(TO) |
- IT - |
|
|
|
Fiscal Code: 03689420010 |
|
|
|
Date |
: |
18/12/2012 |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
|
|
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official
Publications.
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
SANPAOLO IMI S.P.A. FUS. INTESA SAN PAO |
|
|
|
|
1025 |
0 |
Company's starting of activities dates back to 1974.
An eco-fin analysis has been made on the base od the b/s fo the years
2009, 2010 and 2011.
During the last years, it achieved profits (r.o.e. 6,99% on 2011) with a
stable trend in the turnover.
The operating result was positive in the last financial year (5,29%) and
reflects the field's average.
An operating result of Eur. 1.017.507 has been registered. , with no
sizeable change as opposed to the year before.
The G.O.M. amounted to Eur. 1.349.832 with no sensible increase as
against 2010.
Company's financial status is balanced since indebtedness is not high
(2,09) yet on the increase as against the previous accounting period.
The equity capital is equal to Eur. 5.390.600 , stable in comparison
with the value of the previous year.
Total debts recorded amounted to Eur. 12.589.568 (Eur. 1.319.015 of
which were m/l term debts) with no important change.
Bank borrowings' volume is slightly high but the recourse to suppliers'
credit is modest below the sector's average.
Payments are supported by good current assets.
Due from customers average term is high and equal to 139,98 days. also
in relation to the average of the sector.
The financial management generated a cash flow of Eur. 709.001.
Labour cost expenses amount to Eur. 1.987.421 , representing 12,26% on the
total of production costs. , whereas the incidence of such costs on sales
revenues is equal to 11,94%.
High incidence of financial charges on turnover.
|
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
16.641.886 |
|
Profit (Loss) for the period |
376.676 |
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
15.923.559 |
|
Profit (Loss) for the period |
526.124 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
14.410.743 |
|
Profit (Loss) for the period |
117.165 |
From our constant monitoring of the relevant Public Administration offices,
no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: - Amounts x 1 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
RATIOS |
Value Type |
as at 31/12/2011 |
as at 31/12/2010 |
as at 31/12/2009 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,25 |
0,25 |
0,25 |
0,09 |
|
Elasticity Ratio |
Units |
0,75 |
0,75 |
0,74 |
0,89 |
|
Availability of stock |
Units |
0,34 |
0,30 |
0,31 |
0,35 |
|
Total Liquidity Ratio |
Units |
0,40 |
0,44 |
0,44 |
0,44 |
|
Quick Ratio |
Units |
0,00 |
0,01 |
0,00 |
0,03 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
2,09 |
1,84 |
1,96 |
3,45 |
|
Self Financing Ratio |
Units |
0,28 |
0,30 |
0,28 |
0,20 |
|
Capital protection Ratio |
Units |
0,59 |
0,53 |
0,57 |
0,70 |
|
Liabilities consolidation quotient |
Units |
0,19 |
0,22 |
0,27 |
0,12 |
|
Financing |
Units |
2,34 |
2,13 |
2,33 |
3,94 |
|
Permanent Indebtedness Ratio |
Units |
0,39 |
0,42 |
0,43 |
0,32 |
|
M/L term Debts Ratio |
Units |
0,11 |
0,12 |
0,15 |
0,08 |
|
Net Financial Indebtedness Ratio |
Units |
1,87 |
1,58 |
1,75 |
1,48 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,54 |
1,68 |
1,67 |
2,77 |
|
Current ratio |
Units |
1,27 |
1,35 |
1,36 |
1,25 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,69 |
0,80 |
0,80 |
0,67 |
|
Structure's primary quotient |
Units |
1,11 |
1,19 |
1,09 |
1,78 |
|
Treasury's primary quotient |
Units |
0,00 |
0,01 |
0,00 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
356,60 |
336,52 |
359,67 |
505,88 |
|
Current Capital ( net ) |
Value |
3.065.158 |
3.276.119 |
3.195.684 |
292.109 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
4,26 |
5,19 |
2,45 |
2,29 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
6,99 |
10,49 |
2,61 |
6,61 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
12,69 |
17,30 |
7,49 |
15,89 |
|
Return on Investment ( R.O.I. ) |
% |
5,29 |
6,72 |
4,16 |
4,92 |
|
Return/ Sales |
% |
6,11 |
7,12 |
4,66 |
3,82 |
|
Extra Management revenues/charges incid. |
% |
37,02 |
46,39 |
17,46 |
27,17 |
|
Cash Flow |
Value |
709.001 |
826.489 |
353.580 |
57.935 |
|
Operating Profit |
Value |
1.017.507 |
1.134.071 |
671.220 |
131.635 |
|
Gross Operating Margin |
Value |
1.349.832 |
1.434.436 |
925.625 |
168.145 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
139,98 |
152,06 |
163,59 |
101,30 |
|
Debts to suppliers average term |
Days |
44,74 |
53,46 |
67,35 |
107,24 |
|
Average stock waiting period |
Days |
142,04 |
115,36 |
123,88 |
98,98 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,87 |
0,94 |
0,89 |
1,17 |
|
Rate of stock return |
Units |
2,53 |
3,12 |
2,91 |
3,63 |
|
Labour cost incidence |
% |
11,94 |
11,98 |
12,77 |
8,81 |
|
Net financial revenues/ charges incidence |
% |
-2,05 |
-1,78 |
-2,36 |
-1,50 |
|
Labour cost on purchasing expenses |
% |
12,26 |
12,50 |
13,06 |
8,90 |
|
Short-term financing charges |
% |
2,77 |
2,72 |
3,29 |
3,08 |
|
Capital on hand |
% |
115,51 |
105,96 |
112,01 |
84,23 |
|
Sales pro employee |
Value |
405.899 |
379.132 |
327.516 |
407.684 |
|
Labour cost pro employee |
Value |
48.473 |
45.401 |
41.839 |
34.028 |
|
Population living in the province |
: |
2.236.941 |
|
Population living in the region |
: |
4.330.172 |
|
Number of families in the region |
: |
1.889.207 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
429 |
|
- per non food products |
: |
1.789 |
|
- per energy consume |
: |
135 |
The values are calculated on a base of 443 significant companies.
The companies cash their credits on an average of 101 dd.
The average duration of suppliers debts is about 107 dd.
The sector's profitability is on an average of 2,29%.
The labour cost affects the turnover in the measure of 8,81%.
Goods are held in stock in a range of 99 dd.
The difference between the sales volume and the resources used to
realize it is about 1,17.
The employees costs represent the 8,90% of the production costs.
Statistcally the trade activity shows periods of crisis.
The area is statistically considered moderately risky.
In the region 27.019 protested subjects are found; in the province they
count to 16.723.
The insolvency index for the region is 0,63, , while for the province it
is 0,76.
Total Bankrupt companies in the province : 7.726.
Total Bankrupt companies in the region : 14.165.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.24 |
|
|
1 |
Rs.84.54 |
|
Euro |
1 |
Rs.72.32 |
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
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.