MIRA
INFORM REPORT
|
Report Date : |
20.11.2013 |
IDENTIFICATION DETAILS
|
Name : |
DULSA SA |
|
|
|
|
Registered Office : |
Polig Landaben - F S/N ), Pamplona Navarra 31012 |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
04.10.1993 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Subject is engaged in manufacturing and distribution of candies |
|
|
|
|
No. of Employees : |
25 |
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 : |
Unknown |
|
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 |
EXECUTIVE
SUMMARY
|
Name: |
DULSA SA |
|
NIF / Fiscal code: |
A31470347 |
|
Trade Name |
DULSA |
|
Status: |
ACTIVE |
|
Incorporation Date: |
04/10/1993 |
|
Register Data |
Register Section 8 Sheet 7616 |
|
Last Publication
in BORME: |
27/03/2013 [Appointments] |
|
Last Published Account Deposit: |
2011 |
|
Share Capital: |
820.000 |
|
|
|
|
Localization: |
POLIG LANDABEN - F S/N ) - PAMPLONA - 31012 - NAVARRA |
|
Telephone - Fax - Email - Website: |
Ph.:. 948188750 Email. info@doscafeteras.es |
|
|
|
|
Activity: |
|
|
NACE: |
1089 - Manufacture of other food products n.e.c. |
|
Registered Trademarks: |
|
|
Audited / Opinion: |
Si / |
|
Tenders and Awards: |
0 for a total cost of 0 |
|
Subsidies: |
7 for a total cost of 34420.11 |
|
Main products / services: |
Dos Cafeteras La Cafetera HIT |
|
Quality Certificate: |
No |
Defaults, Legal Claims and Insolvency Proceedings
|
|
|
Number |
Amount (€) |
Most Recent
Entry |
|
Insolvency Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
|
Defaults on debt with Financial Institutions and Large Companies |
|
None |
--- |
--- |
|
Judicial Claims (Notices, Executive Proceedings, Attachments,
Auctions, Bad Debt) |
|
None |
0 |
--- |
|
Proceedings heard by the Civil Court |
|
Unpublished |
0 |
--- |
|
Proceedings heard by the Labour Court |
|
Unpublished |
0 |
--- |
Partners:
|
NUPA SA. |
0.01 % |
|
|
NUTREXPA S.L |
99.99 % |
|
|
LEVIRITAS S.L |
|
|
|
Shares: |
0 |
|
|
Other Links: |
1 |
|
|
No. of Active Corporate Bodies: |
JOINT MANAGER 3 |
|
|
Ratios |
2011 |
2010 |
Change |
|
|
Guarantees: |
|
|
Properties Registered: |
Company NO, Administrator NO |
|
Financing / Guarantee Sources : |
Sources YES, Guarantees NO |
|
INVESTIGATION
SUMMARY |
|
|
The subject was founded in Navarra in 1993 and it is engaged in
manufacturing and distribution of candies. Annual incomes were stable during
2011 and its losses decreased in the same period of time. The management
ratios are unfavorable and it has a negative working capital. The negative
results accumulated since 2008reduced systematically its guarantees because
of the loss of weight of its net worth within its financial structure. |
|
Identification
|
Social
Denomination: |
DULSA SA |
|
Trade Name: |
DULSA |
|
NIF / Fiscal
code: |
A31470347 |
|
Corporate
Status: |
ACTIVE |
|
Start of
activity: |
1994 |
|
Registered
Office: |
POLIG LANDABEN - F S/N ) |
|
Locality: |
PAMPLONA |
|
Province: |
NAVARRA |
|
Postal Code: |
31012 |
|
Telephone: |
948188750 |
|
Fax: |
948188818 |
|
Email: |
info@doscafeteras.es |
Activity
|
NACE: |
1089 |
|
Additional
Information: |
The subject is engaged in manufacturing and distribution of candies.
Its trade name is DULSA and it belongs to Grupo Nutrexpa. It has its origins
in familiar activities started in 1893. |
|
Additional
Address: |
Registered office, administrative offices, factory, warehouse and
other premises, owned by the company, are located in Plind Landaben. C. F sn,
31012 Pamplona (Navarra). |
|
Import / export: |
EXPORTS |
|
Future
Perspective: |
Product / service improvement |
|
Industry
situation: |
Maturity |
Number of Employees
|
Year |
No. of employees |
Established |
Incidentals |
|
|
2013 |
25 |
|
|
|
Chronological Summary
|
Year |
Act |
|
1994 |
Appointments/ Re-elections (6) Company Formation (1) |
|
1995 |
Appointments/ Re-elections (3) Cessations/ Resignations/ Reversals (1)
Company Transformation (1) Increase of Capital (1) Other Concepts/ Events (1) |
|
1996 |
Accounts deposit (ejer. 1994) Statutory Modifications (1) |
|
1997 |
Accounts deposit (ejer. 1995) Increase of Capital (1) Statutory
Modifications (1) |
|
1998 |
Appointments/ Re-elections (4) Cessations/ Resignations/ Reversals (3) |
|
1999 |
Accounts deposit (ejer. 1996, 1997) |
|
2000 |
Accounts deposit (ejer. 1998) Appointments/ Re-elections (1) Capital
Reduction (1) Cessations/ Resignations/ Reversals (1) Increase of Capital (1)
Other Concepts/ Events (1) |
|
2001 |
Accounts deposit (ejer. 1999) Statutory Modifications (1) |
|
2002 |
Accounts deposit (ejer. 2000) Appointments/ Re-elections (3)
Cessations/ Resignations/ Reversals (2) |
|
2003 |
Accounts deposit (ejer. 2001, 2002) Appointments/ Re-elections (1)
Other Concepts/ Events (1) |
|
2004 |
Accounts deposit (ejer. 2003) Appointments/ Re-elections (3)
Cessations/ Resignations/ Reversals (2) |
|
2005 |
Accounts deposit (ejer. 2004) |
|
2006 |
Accounts deposit (ejer. 2005) Cessations/ Resignations/ Reversals (1) |
|
2007 |
Accounts deposit (ejer. 2006) Appointments/ Re-elections (2)
Cessations/ Resignations/ Reversals (2) |
|
2008 |
Accounts deposit (ejer. 2007) Appointments/ Re-elections (3)
Cessations/ Resignations/ Reversals (1) Other Concepts/ Events (4) |
|
2009 |
Accounts deposit (ejer. 2008) Cessations/ Resignations/ Reversals (1)
Increase of Capital (1) |
|
2010 |
Accounts deposit (ejer. 2009) |
|
2011 |
Accounts deposit (ejer. 2010) Capital Reduction (2) Increase of
Capital (2) |
|
2012 |
Accounts deposit (ejer. 2011) Capital Reduction (2) Increase of
Capital (2) |
|
2013 |
Appointments/ Re-elections (3) Cessations/ Resignations/ Reversals (1)
Increase of Capital (1) Other Concepts/ Events (1) |
Breakdown of Owners' Equity
|
Registered
Capital: |
820.000 |
|
Paid up capital: |
820.000 |
Updated Evolution of the Subscribed and
Paid-in Capital
|
|
|||||
|
|
|
|
|
|
|
|
Publishing Date |
Registration Type |
Capital Subscribed |
Paid up capital |
Underwritten result |
Disbursed Result |
|
03/02/1994 |
Company Formation |
3.005 |
3.005 |
3.005 |
3.005 |
|
05/01/1995 |
Increase of Capital |
57.096 |
57.096 |
60.101 |
60.101 |
|
24/11/1997 |
Increase of Capital |
36.061 |
36.061 |
96.162 |
96.162 |
|
16/05/2000 |
Increase of Capital |
84.142 |
84.142 |
180.304 |
180.304 |
|
26/03/2009 |
Increase of Capital |
1.440.000 |
1.440.000 |
1.620.000 |
1.620.000 |
|
18/08/2011 |
Capital Reduction |
-1.404.000 |
-1.404.000 |
216.000 |
216.000 |
|
18/08/2011 |
Increase of Capital |
800.000 |
800.000 |
1.016.000 |
1.016.000 |
|
11/09/2012 |
Capital Reduction |
-765.212 |
-765.212 |
250.788 |
250.788 |
|
11/09/2012 |
Increase of Capital |
566.000 |
566.000 |
816.788 |
816.788 |
|
08/02/2013 |
Increase of Capital |
3.212 |
3.212 |
820.000 |
820.000 |
Active Social Bodies
|
Post published |
Social Body's
Name |
Appointment Date |
Other Positions
in this Company |
|
JOINT MANAGER |
VENTURA CARDONA FRANCISCO JAVIER |
19/03/2013 |
4 |
|
|
FERRERO COMAS INES |
19/03/2013 |
4 |
|
|
13 UNO TRES SL |
16/05/2000 |
1 |
|
COMBINED PROXY |
ORDUŃA PONTI JOSE MARIA |
21/03/1994 |
2 |
|
JOINT ATTORNEY |
ORDUŃA PONTI JOSE MARIA |
21/03/1994 |
2 |
|
PROXY |
FERRERO MALOW DANIEL |
08/05/2008 |
3 |
|
|
VENTURA CARDONA GEORGINA |
08/05/2008 |
3 |
|
|
FERRERO COMAS INES |
08/05/2008 |
4 |
|
|
VENTURA CARDONA FRANCISCO JAVIER |
08/05/2008 |
4 |
|
|
GASTON MARTINEZ PABLO |
08/05/2008 |
2 |
|
|
SARASA SORIA ANA ISABEL |
08/05/2008 |
1 |
|
REPRESENTATIVE |
VENTURA CARDONA GEORGINA |
08/02/2013 |
3 |
|
|
FERRERO MALOW DANIEL |
08/02/2013 |
3 |
|
|
VENTURA CARDONA FRANCISCO JAVIER |
08/02/2013 |
4 |
|
|
FERRERO COMAS INES |
08/02/2013 |
4 |
|
|
VENTURA ARASANZ JOSE MARIA |
19/05/2003 |
1 |
|
|
VENTURA FERRERO JOSE MARIA |
16/05/2000 |
6 |
|
|
VENTURA FERRERO FRANCISCO JAVIER |
16/05/2000 |
6 |
|
|
FERRERO JORDI ANTONIO |
16/05/2000 |
1 |
|
|
FERRERO JORDI JAVIER |
16/05/2000 |
1 |
|
ACCOUNTS' AUDITOR / HOLDER |
GRANT THORNTON SLP |
08/02/2013 |
1 |
Historical Social Bodies
|
Social Body's
Name |
Post published |
End Date |
Other Positions
in this Company |
|
13-UNO-TRES SL |
JOINT MANAGER |
07/10/2004 |
2 |
|
|
JOINT MANAGER |
08/05/2008 |
|
|
25 DOS CINCO SL |
JOINT MANAGER |
05/01/1995 |
1 |
|
BACH BARBERAN SALVADOR |
PROXY |
09/02/2004 |
4 |
|
|
COMBINED PROXY |
06/06/1995 |
|
|
|
COMBINED PROXY |
04/09/1998 |
|
|
|
COMBINED PROXY |
13/09/2002 |
|
|
CIEN POR CIEN SL |
JOINT MANAGER |
05/01/1995 |
1 |
|
COSTEX SERVICIOS SL |
JOINT MANAGER |
05/01/1995 |
1 |
|
DE LA CRUZ MARTIN HIPOLITO |
PROXY |
23/06/2009 |
3 |
|
|
CHIEF EXECUTIVE OFFICER |
12/04/2007 |
|
|
|
PROXY |
09/02/2004 |
|
|
ESEO 20 SL |
JOINT MANAGER |
04/09/1998 |
3 |
|
|
JOINT MANAGER |
08/02/2013 |
|
|
|
JOINT MANAGER |
19/03/2013 |
|
|
ESEO 21 SL |
JOINT MANAGER |
19/03/2013 |
5 |
|
|
JOINT MANAGER |
08/02/2013 |
|
|
|
JOINT MANAGER |
16/05/2000 |
|
|
|
JOINT MANAGER |
07/10/2004 |
|
|
|
JOINT MANAGER |
08/05/2008 |
|
|
FERRERO COMAS INES |
REPRESENTATIVE |
08/02/2013 |
4 |
|
FERRERO JORDI ANTONIO BERNARDO |
PROXY |
23/06/2009 |
4 |
|
|
COMBINED PROXY |
04/09/1998 |
|
|
|
PROXY |
09/02/2004 |
|
|
|
COMBINED PROXY |
13/09/2002 |
|
|
FERRERO JORDI IGNACIO |
PROXY |
23/06/2009 |
5 |
|
|
PROXY |
09/02/2004 |
|
|
|
COMBINED PROXY |
06/06/1995 |
|
|
|
COMBINED PROXY |
04/09/1998 |
|
|
|
COMBINED PROXY |
13/09/2002 |
|
|
FERRERO JORDI JAVIER MARIA |
COMBINED PROXY |
13/09/2002 |
5 |
|
|
COMBINED PROXY |
06/06/1995 |
|
|
|
COMBINED PROXY |
04/09/1998 |
|
|
|
PROXY |
09/02/2004 |
|
|
|
PROXY |
23/06/2009 |
|
|
FERRERO MALOW DANIEL |
REPRESENTATIVE |
08/02/2013 |
3 |
|
GALAN MARTIN IGNACIO |
PROXY |
09/02/2004 |
4 |
|
|
JOINT ATTORNEY |
29/12/1998 |
|
|
|
JOINT ATTORNEY |
13/09/2002 |
|
|
|
COMBINED PROXY |
13/09/2002 |
|
|
GALAN MARTIN IGNACIO LUIS |
JOINT ATTORNEY |
04/09/1998 |
3 |
|
|
COMBINED PROXY |
04/09/1998 |
|
|
|
PROXY |
09/02/2004 |
|
|
GASTON MARTINEZ PABLO |
PROXY |
08/05/2008 |
2 |
|
GUTIERREZ MARIN LUIS |
PROXY |
08/05/2008 |
2 |
|
|
PROXY |
23/06/2009 |
|
|
IFIGENIA COU SL |
JOINT MANAGER |
08/05/2008 |
3 |
|
|
JOINT MANAGER |
08/02/2013 |
|
|
|
JOINT MANAGER |
19/03/2013 |
|
|
INVERSIONES COSTEX SL |
JOINT MANAGER |
07/10/2004 |
3 |
|
|
JOINT MANAGER |
27/07/2007 |
|
|
|
JOINT MANAGER |
16/05/2000 |
|
|
MARTIN YAŃEZ ANTONIO |
PROXY |
09/02/2004 |
7 |
|
|
PROXY |
26/07/2006 |
|
|
|
PROXY |
23/06/2009 |
|
|
|
COMBINED PROXY |
13/09/2002 |
|
|
|
CHIEF EXECUTIVE OFFICER |
13/09/2002 |
|
|
|
PROXY |
13/09/2002 |
|
|
|
PROXY |
13/09/2002 |
|
|
MASIA URREA JAIME |
PROXY |
09/02/2004 |
2 |
|
|
PROXY |
23/06/2009 |
|
|
MATESANZ BORRAS FERNANDO |
JOINT ATTORNEY |
04/09/1998 |
7 |
|
|
JOINT ATTORNEY |
29/12/1998 |
|
|
|
PROXY |
23/06/2009 |
|
|
|
PROXY |
09/02/2004 |
|
|
|
COMBINED PROXY |
04/09/1998 |
|
|
|
COMBINED PROXY |
13/09/2002 |
|
|
|
JOINT ATTORNEY |
13/09/2002 |
|
|
OGIC INFORMATICA SL |
JOINT MANAGER |
16/05/2000 |
5 |
|
|
JOINT MANAGER |
08/02/2013 |
|
|
|
JOINT MANAGER |
08/05/2008 |
|
|
|
JOINT MANAGER |
07/10/2004 |
|
|
|
JOINT MANAGER |
19/03/2013 |
|
|
OGIC SL |
JOINT MANAGER |
05/01/1995 |
1 |
|
PRICE WATERHOUSE AUDITORES SA |
ACCOUNTS' AUDITOR / HOLDER |
08/02/2013 |
1 |
|
SANTONI BENDA RICCI GIAN FRANCO |
JOINT ATTORNEY |
14/01/1998 |
2 |
|
|
COMBINED PROXY |
14/01/1998 |
|
|
VENTURA CARDONA FRANCISCO JAVIER |
REPRESENTATIVE |
08/02/2013 |
4 |
|
VENTURA CARDONA GEORGINA |
REPRESENTATIVE |
08/02/2013 |
3 |
|
VENTURA FERRERO FRANCISCO JAVIER |
PROXY |
09/02/2004 |
6 |
|
|
PROXY |
23/06/2009 |
|
|
|
COMBINED PROXY |
06/06/1995 |
|
|
|
COMBINED PROXY |
13/09/2002 |
|
|
|
COMBINED PROXY |
04/09/1998 |
|
|
VENTURA FERRERO JOSE MARIA |
PROXY |
09/02/2004 |
6 |
|
|
PROXY |
23/06/2009 |
|
|
|
COMBINED PROXY |
06/06/1995 |
|
|
|
COMBINED PROXY |
04/09/1998 |
|
|
|
COMBINED PROXY |
13/09/2002 |
|
Executive board
|
Post |
NIF |
Name |
|
ADMINISTRATOR |
|
FRANCISCO JAVIER VENTURA CARDONA |
|
ADMINISTRATOR |
|
INES FERRERO COMAS |
Defaults, Legal Claims and Insolvency Proceedings
Section enabling assessment of the degree of compliance of the company
queried with its payment obligations. It provides information on the existence and
nature of all stages of Insolvency and Legal Proceedings published with
reference to the Company in the country's various Official Bulletins and
national newspapers, as well Defaults Registered in the main national credit
bureaus (ASNEF Industrial and RAI ).
> Summary
Chronological summary
|
|
|
Number of Publications |
Amount (_) |
Start date |
End date |
|
Insolvency Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
--- |
|
Request/Declaration |
|
0 |
--- |
date |
|
|
Proceedings |
|
--- |
--- |
|
--- |
|
Resolution |
|
--- |
--- |
|
--- |
|
Defaults on debt with Financial Institutions and Large Companies |
Bank and Commercial Delinquency |
None |
0 |
|
|
|
Status: Friendly |
|
--- |
|
|
|
|
Status: Pre-Litigation |
|
--- |
|
|
|
|
Status: Litigation |
|
--- |
|
|
|
|
Status: Non-performing |
|
--- |
|
|
|
|
Status: insolvency proceedings, bankruptcy and suspension of payments |
|
--- |
|
|
|
|
Other status |
|
--- |
|
|
|
|
Legal and Administrative Proceedings |
|
Unpublished |
--- |
|
|
|
Notices of defaults and enforcement |
|
--- |
--- |
|
--- |
|
Seizures |
|
--- |
--- |
|
--- |
|
Auctions |
|
--- |
--- |
|
--- |
|
Declarations of insolvency and bad debt |
|
--- |
--- |
|
--- |
|
Proceedings heard by the Civil Court |
|
Unpublished |
--- |
|
|
|
Proceedings heard by the Labour Court |
|
Unpublished |
--- |
|
|
> Details
> Basis for rating
|
Positive Factors |
Adverse Factors |
|
|
ROE lowering effect. Total Economic Rate of Return in 2011 is lower than
the Borrowing Cost; therefore, the leverage is lower than the unit and has a
ROE lowering effect. This indicates that the Company should not incur any
further debts, as this would reduce its shareholders' profitability. Financial Cost Increase. The company's average financial expense in
2011 with respect to its operating gross result is -1.27%. As this value is
higher than that of the previous fiscal year, the financial situation may be
hindered. DULSA SA 's Working Capital is negative, which means, in principle,
that its capacity to pay debts maturing within a year using its resources
available in the short run is insufficient. The company has no profits before taxes resulting from its investment
in subscribed capital. Immediate solvency is significantly lower than that of the previous
fiscal year. |
Probability of default
> Probabilidad Estimada de Impago para los próximos 12 meses:
15.8 %
|
Sector in which comparison is carried out : 108 Manufacture of other food products |
|
|
Relative Position:
|
The company's comparative analysis with the rest of the companies that
comprise the sector, shows the company holds a worse position with regard to
the probability of non-compliance.
The 97% of the companies of the sector DULSA SA belongs to shows a lower
probability of non-compliance.
The probability of the company's non-compliance with its payment
obligations within deadlines estimated by our qualifications models is 15.76%.
In the event they fail to comply with the payment, the seriousness of the
loss will depend on factors such as the promptness of the commencement of the
charging management, the existence of executive documents which match the
credit or the existence of guarantees and free debt assets under the name of
the debtor. Therefore, the probability of non-compliance should not be solely
interpreted as the total loss of the owed amount.
LEGAL CLAIMS
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PROCEDURES OF CONTEST, BANKRUPTCY AND BANKRUPTCY PROTECTION
Clients
|
Name |
NIF |
Telephone |
|
PASTELERIA MEDINACELI |
|
|
|
PASTELERIA CALAFATE |
|
|
|
LORANCAR |
|
|
|
NUEVA VIENA |
|
|
|
PASTELERIA ANIMARI |
|
|
|
PASTELERIA VIANDA |
|
|
|
CASA LHARDY |
|
|
Link List
|
HAS IN ITS ADMINISTRATION BOARD TO: |
1 Entities |
|
SHAREHOLDERS: |
3 Entities |
> Shareholders
|
Relationship |
Entity |
Province |
Shareholding
stake |
|
SHAREHOLDERS |
NUPA SA. |
BARCELONA |
0.01 |
|
|
NUTREXPA S.L |
BARCELONA |
99.99 |
|
|
LEVIRITAS S.L |
BARCELONA |
|
> Other relationships
|
Relationship |
Entity |
Province |
Shareholding
stake |
|
HAS IN ITS ADMINISTRATION BOARD TO |
13 UNO TRES SL |
BARCELONA |
|
|
Turnover |
|
|
Total Sales 2012 |
1.600.000 |
Financial Accounts and Balance Sheets
Financial Years
Presented
|
Ejercicio |
Tipo de Cuentas
Anuales |
Fecha
Presentacion |
|
2011 |
Normales |
July 2012 |
|
2010 |
Normales |
September 2011 |
|
2009 |
Normales |
August 2010 |
|
2008 |
Normales |
August 2009 |
|
2007 |
Normales |
July 2008 |
|
2006 |
Normales |
August 2007 |
|
2005 |
Normales |
August 2006 |
|
2004 |
Normales |
June 2005 |
|
2003 |
Normales |
October 2004 |
|
2002 |
Normales |
September 2003 |
|
2001 |
Normales |
May 2003 |
|
2000 |
Normales |
June 2002 |
|
1999 |
Normales |
March 2001 |
|
1998 |
Normales |
April 2000 |
|
1997 |
Normales |
December 1998 |
|
1996 |
Normales |
December 1998 |
|
1996 |
Normales |
December 1998 |
|
1995 |
Normales |
March 1997 |
|
1994 |
Normales |
December 1995 |
The data in the
report regarding the last Company Accounts submitted by the company is taken
from the TRADE REGISTER serving the region in which the company's address is
located 31/12/2011
> Balance en formato Abreviado de acuerdo al Nuevo Plan General
Contable 2007
Information
corresponding to the fiscal year 2011 2010 2009 2008 is
taken from information submitted to the TRADE REGISTER. Data corresponding to
fiscal years before 2011 2010 2009 2008 has been compiled
based on the equivalence criteria stipulated in Act JUS/206/2009. Where the
provisions of the Act did not establish relevant equivalence criteria,
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
EQUIVALENCIA |
|
Assets |
2011 |
2010 |
2009 |
2008 |
2007 |
|
A) NON-CURRENT ASSETS: 11000 |
513.434,00 |
666.471,00 |
678.587,00 |
837.512,00 |
884.796,00 |
|
I. Intangible fixed assets : 11100 |
57.762,00 |
86.893,00 |
6.731,00 |
9.458,00 |
0,00 |
|
II. Tangible fixed assets : 11200 |
455.672,00 |
579.578,00 |
671.857,00 |
828.054,00 |
884.796,00 |
|
III. Real estate investment: 11300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
IV. Long-term investments in Group companies and
associates : 11400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
V. Long-term financial investments: 11500 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
VI. Assets for deferred tax : 11600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
VII. Non-current trade debtors : 11700 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
B) CURRENT ASSETS: 12000 |
763.851,00 |
682.961,00 |
836.258,00 |
1.000.287,00 |
396.536,00 |
|
I. Non-current assets held for sale : 12100 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
II. Stocks: 12200 |
373.705,00 |
251.815,00 |
379.486,00 |
373.235,00 |
0,00 |
|
III. Trade debtors and others receivable
accounts: 12300 |
370.671,00 |
351.304,00 |
413.050,00 |
562.610,00 |
382.800,00 |
|
1.- Customers for sales and
provisions of services : 12380 |
297.210,00 |
278.709,00 |
349.301,00 |
335.191,00 |
228.064,00 |
|
a) Long-term
receivables from sales and services supplied: 12381 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
b)
Customers for sales and provisions of services : 12382 |
297.210,00 |
278.709,00 |
349.301,00 |
335.191,00 |
228.064,00 |
|
2.- Called up share capital
: 12370 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
3.- Other accounts
receivable : 12390 |
73.461,00 |
72.595,00 |
63.749,00 |
227.419,00 |
154.736,00 |
|
IV. Short-term investments in Group companies and
associates: 12400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
V. Short-term financial investments : 12500 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
VI. Short-term accruals: 12600 |
4.087,00 |
5.496,00 |
30.156,00 |
3.030,00 |
4.719,00 |
|
VII. Cash and other equivalent liquid assets :
12700 |
15.388,00 |
74.346,00 |
13.567,00 |
61.412,00 |
9.017,00 |
|
TOTAL ASSETS (A + B) : 10000 |
1.277.285,00 |
1.349.432,00 |
1.514.846,00 |
1.837.799,00 |
1.281.332,00 |
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
EQUIVALENCIA |
|
Liabilities and Net Worth |
2011 |
2010 |
2009 |
2008 |
2007 |
|
A) NET WORTH: 20000 |
292.272,00 |
241.133,00 |
1.034.255,00 |
1.092.128,00 |
614.930,00 |
|
A1) Shareholders' equity : 21000 |
278.252,00 |
221.083,00 |
1.015.203,00 |
1.064.684,00 |
580.374,00 |
|
I. Capital: 21100 |
1.016.000,00 |
1.620.000,00 |
1.620.000,00 |
1.620.000,00 |
180.000,00 |
|
1.-
Registered capital: 21110 |
1.016.000,00 |
1.620.000,00 |
1.620.000,00 |
1.620.000,00 |
180.000,00 |
|
2.-
(Uncalled capital) : 21120 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
II. Share premium:
21200 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
III. Reserves: 21300 |
27.468,00 |
505.341,00 |
390.294,00 |
400.374,00 |
371.383,00 |
|
IV. (Common stock equity):
21400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
V. Profit or loss brought
forward: 21500 |
-22.385,00 |
-995.091,00 |
-355.021,00 |
0,00 |
0,00 |
|
VI. Other
shareholders' contributions: 21600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
VII. Result of the period:
21700 |
-742.831,00 |
-909.167,00 |
-640.070,00 |
-955.689,00 |
28.991,00 |
|
VIII. (Interim dividend):
21800 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
IX. Other net worth
instruments: 21900 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
A2) Adjustments due to changes in value :
22000 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
A-3) Received subsidies, donations and legacies:
23000 |
14.020,00 |
20.050,00 |
19.052,00 |
27.444,00 |
34.556,00 |
|
B) NON-CURRENT LIABILITIES: 31000 |
13.800,00 |
24.175,00 |
31.539,00 |
59.899,00 |
89.540,00 |
|
I. Long-term provisions: 31100 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
II. Long-term creditors : 31200 |
7.791,00 |
15.582,00 |
23.373,00 |
48.138,00 |
72.902,00 |
|
1.- Amounts owed to credit
institutions: 31220 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
2.- Creditors from financial
leasing : 31230 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
3.- Other long-term
creditors : 31290 |
7.791,00 |
15.582,00 |
23.373,00 |
48.138,00 |
72.902,00 |
|
III. Long-term debts with Group companies and
associates: 31300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
IV. Liabilities for deferred tax: 31400 |
6.008,00 |
8.593,00 |
8.165,00 |
11.762,00 |
16.638,00 |
|
V. Long-term accruals: 31500 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
VI. Non-current trade creditors : 31600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
VII. Special long-term debts : 31700 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
C) CURRENT LIABILITIES : 32000 |
971.214,00 |
1.084.124,00 |
449.052,00 |
685.771,00 |
576.862,00 |
|
I. Liabilities linked to non-current assets held
for sale : 32100 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
II. Short-term provisions: 32200 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
III. Short-term creditors : 32300 |
7.009,00 |
10.457,00 |
34.174,00 |
24.260,00 |
20.407,00 |
|
1.- Amounts owed to credit
institutions: 32320 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
2.- Creditors from financial
leasing : 32330 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
3.- Other short-term
creditors : 32390 |
7.009,00 |
10.457,00 |
34.174,00 |
24.260,00 |
20.407,00 |
|
IV. Short-term debts with Group companies and
associates: 32400 |
565.783,00 |
568.713,00 |
0,00 |
124.480,00 |
104.711,00 |
|
V. Trade creditors and other accounts payable:
32500 |
398.422,00 |
504.953,00 |
414.878,00 |
537.031,00 |
451.744,00 |
|
1.- Suppliers: 32580 |
157.959,00 |
168.829,00 |
178.840,00 |
252.303,00 |
212.234,00 |
|
a)
Long-term debts : 32581 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
b)
Short-term debts : 32582 |
157.959,00 |
168.829,00 |
178.840,00 |
252.303,00 |
212.234,00 |
|
2.- Other creditors :
32590 |
240.462,00 |
336.124,00 |
236.038,00 |
284.728,00 |
239.510,00 |
|
VI. Short-term accruals: 32600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
VII. Special short-term debts : 32700 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) : 30000 |
1.277.285,00 |
1.349.432,00 |
1.514.846,00 |
1.837.799,00 |
1.281.332,00 |
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
EQUIVALENCIA |
|
Profit and Loss |
2011 |
2010 |
2009 |
2008 |
2007 |
|
1. Net turnover: 40100 |
1.889.070,00 |
1.884.578,00 |
1.918.852,00 |
1.731.329,00 |
2.045.406,00 |
|
2. Changes in stocks of finished goods and work
in progress: 40200 |
69.569,00 |
-98.197,00 |
-11.932,00 |
212.682,00 |
26.296,00 |
|
3. Works carried out by the company for its
assets: 40300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
4. Supplies : 40400 |
-733.833,00 |
-660.249,00 |
-718.374,00 |
-917.313,00 |
-113.416,00 |
|
5. Other operating income: 40500 |
22.632,00 |
28.066,00 |
27.968,00 |
13.104,00 |
0,00 |
|
6. Personnel costs: 40600 |
-1.041.631,00 |
-950.675,00 |
-858.015,00 |
-911.973,00 |
-1.066.616,00 |
|
7. Other operating costs: 40700 |
-761.219,00 |
-908.448,00 |
-817.438,00 |
-931.827,00 |
-616.265,00 |
|
8. Amortisation of fixed assets: 40800 |
-188.312,00 |
-221.228,00 |
-188.439,00 |
-177.205,00 |
-219.819,00 |
|
9. Allocation of subsidies of non-financial fixed
assets and other: 40900 |
8.615,00 |
11.977,00 |
11.988,00 |
11.988,00 |
11.989,00 |
|
10. Excess provisions : 41000 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
11. Impairment and result of transfers of fixed
assets: 41100 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
12. Negative difference in combined businesses:
41200 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
13. Other results : 41300 |
0,00 |
6.708,00 |
0,00 |
22.503,00 |
2.914,00 |
|
A) OPERATING INCOME (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) : 49100 |
-735.109,00 |
-907.467,00 |
-635.389,00 |
-946.711,00 |
70.489,00 |
|
14. Financial income : 41400 |
12,00 |
28,00 |
0,00 |
4.758,00 |
9,00 |
|
a) Allocation of financial
subsidies, donations and legacies: 41430 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
b) Other financial income:
41490 |
12,00 |
28,00 |
0,00 |
4.758,00 |
9,00 |
|
15. Financial expenditure: 41500 |
-7.053,00 |
-4.529,00 |
-4.693,00 |
-13.727,00 |
-33.363,00 |
|
16. Changes in fair value of financial instruments
: 41600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
17. Exchange rate differences : 41700 |
-681,00 |
2.801,00 |
12,00 |
-10,00 |
3,00 |
|
18. Impairment and result for transfers of
financial instruments: 41800 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
19. Other financial income and expenditure:
42100 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
a) Incorporation of
financial expenditure to assets: 42110 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
b) Financial income from
arrangement with creditors: 42120 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
c) Other income and
expenditure: 42130 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
B) FINANCIAL REVENUE (14 + 15 + 16 + 17 + 18 + 19) : 49200 |
-7.722,00 |
-1.700,00 |
-4.681,00 |
-8.979,00 |
-33.351,00 |
|
C) NET RESULT BEFORE TAXES (A + B) : 49300 |
-742.831,00 |
-909.167,00 |
-640.070,00 |
-955.689,00 |
37.138,00 |
|
20. Income taxes: 41900 |
0,00 |
0,00 |
0,00 |
0,00 |
-8.147,00 |
|
D) RESULT OF THE PERIOD (C + 20) : 49500 |
-742.831,00 |
-909.167,00 |
-640.070,00 |
-955.689,00 |
28.991,00 |
> Normal Balance Sheet under the rules of the 1990 General Accounting
Plan (repealed since 1st January of 2008)
Information
corresponding to the fiscal year 2011 2010 2009 2008 has been
compiled based on the equivalence criteria stipulated in Act JUS/206/2009.
Where the provisions of the Act did not establish relevant equivalence
criteria. To view details on the methodology
2011 2010 2009 2008 is taken from information submitted to
the TRADE REGISTER.
|
|
EQUIVALENCIA |
EQUIVALENCIA |
EQUIVALENCIA |
EQUIVALENCIA |
ORIGINAL |
|
ASSETS |
2011 |
2010 |
2009 |
2008 |
2007 |
|
A) SHAREHOLDERS (PARTNERS) BY UNCALLED SUSCRIBED CAPITAL: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
B) FIXED ASSETS: |
513.434,00 |
666.471,00 |
678.587,00 |
837.512,00 |
884.796,00 |
|
I. Formation expenses: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
II. Intangible fixed assets: |
57.762,00 |
86.893,00 |
6.731,00 |
9.458,00 |
0,00 |
|
III. Tangible fixed assets: |
455.672,00 |
579.578,00 |
671.857,00 |
828.054,00 |
884.796,00 |
|
IV. Financial investments: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
V. Own shares: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
VI. Long-term trade receivables: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
C) Deferred expenses: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
D) CURRENT ASSETS: |
763.851,00 |
682.961,00 |
836.258,00 |
1.000.287,00 |
396.536,00 |
|
I. Called-up share capital (not paid): |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
II. Stocks: |
373.705,00 |
251.815,00 |
379.486,00 |
373.235,00 |
0,00 |
|
III. Debtors: |
370.671,00 |
351.304,00 |
413.050,00 |
562.610,00 |
382.800,00 |
|
IV. Short-term investments: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
V. Short-term treasury shares: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
VI. Cash at bank and in hand: |
15.388,00 |
74.346,00 |
13.567,00 |
61.412,00 |
9.017,00 |
|
VII. Prepayments and accrued income: |
4.087,00 |
5.496,00 |
30.156,00 |
3.030,00 |
4.719,00 |
|
GENERAL TOTAL (A + B + C + D): |
1.277.285,00 |
1.349.432,00 |
1.514.846,00 |
1.837.799,00 |
1.281.332,00 |
MERCANTILE
REGISTRY.
|
|
EQUIVALENCIA |
EQUIVALENCIA |
EQUIVALENCIA |
EQUIVALENCIA |
ORIGINAL |
|
LIABILITIES |
2011 |
2010 |
2009 |
2008 |
2007 |
|
A) EQUITY: |
278.252,00 |
221.083,00 |
1.015.203,00 |
1.064.684,00 |
580.374,00 |
|
I. Subscribed capital: |
1.016.000,00 |
1.620.000,00 |
1.620.000,00 |
1.620.000,00 |
180.000,00 |
|
II. Share premium: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
III. Revaluation reserves: |
412,00 |
7.572,00 |
5.848,00 |
5.999,00 |
5.565,00 |
|
IV. Reserves: |
27.056,00 |
497.768,00 |
384.445,00 |
394.374,00 |
365.818,00 |
|
a) Differences for capital
adjustment to euros: |
23,00 |
418,00 |
323,00 |
331,00 |
307,00 |
|
b) Remaining Reserves:
|
27.033,00 |
497.351,00 |
384.123,00 |
394.043,00 |
365.511,00 |
|
V. Profit or loss brought forward: |
-22.385,00 |
-995.091,00 |
-355.021,00 |
0,00 |
0,00 |
|
VI. Profit or loss for the financial year: |
-742.831,00 |
-909.167,00 |
-640.070,00 |
-955.689,00 |
28.991,00 |
|
VII. Interim dividend paid: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
VIII. Own shares for capital reduction: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
B) Deferred income: |
14.020,00 |
20.050,00 |
19.052,00 |
27.444,00 |
51.194,00 |
|
C) PROVISIONS FOR LIABILITIES AND CHARGES: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
D) LONG TERM LIABILITIES: |
13.800,00 |
24.175,00 |
31.539,00 |
59.899,00 |
72.902,00 |
|
E) SHORT TERM CREDITORS: |
971.214,00 |
1.084.124,00 |
449.052,00 |
685.771,00 |
576.862,00 |
|
F) SHORT-TERM PROVISIONS FOR LIABILITIES AND CHARGES: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
GENERAL TOTAL (A + B + C + D + E + F): |
1.277.285,00 |
1.349.432,00 |
1.514.846,00 |
1.837.799,00 |
1.281.332,00 |
MERCANTILE
REGISTRY.
|
|
EQUIVALENCIA |
EQUIVALENCIA |
EQUIVALENCIA |
EQUIVALENCIA |
ORIGINAL |
|
DEBIT |
2011 |
2010 |
2009 |
2008 |
2007 |
|
A) CHARGES (A.1 to A.15): |
2.663.160,00 |
2.843.325,00 |
2.598.890,00 |
2.739.372,00 |
2.031.770,00 |
|
A.1. Operating consumption:
|
664.264,00 |
758.446,00 |
730.306,00 |
704.631,00 |
87.120,00 |
|
A.2. Staff Costs: |
1.041.631,00 |
950.675,00 |
858.015,00 |
911.973,00 |
1.066.616,00 |
|
a) Wages,
salaries et al.: |
865.457,00 |
789.885,00 |
712.897,00 |
757.729,00 |
886.217,00 |
|
b)
Social security costs: |
176.173,00 |
160.790,00 |
145.118,00 |
154.244,00 |
180.399,00 |
|
A.3. Depreciation expense:
|
188.312,00 |
221.228,00 |
188.439,00 |
177.205,00 |
219.819,00 |
|
A.4. Variation of trade
provisions and losses of unrecovered receivables: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
A.5. Other operating
charges: |
761.219,00 |
908.448,00 |
817.438,00 |
931.827,00 |
616.265,00 |
|
A.I. OPERATING BENEFITS
(B.1-A.1-A.2-A.3-A.4-A.5): |
0,00 |
0,00 |
0,00 |
0,00 |
55.586,00 |
|
A.6. Financial and similar charges:
|
7.053,00 |
4.529,00 |
4.693,00 |
13.727,00 |
33.363,00 |
|
a) Due
to liabilities with companies of the group: |
4.251,00 |
2.730,00 |
2.829,00 |
8.274,00 |
20.109,00 |
|
b) Due to
liabilities with associated companies: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
c) Due
to other debts: |
2.802,00 |
1.799,00 |
1.865,00 |
5.453,00 |
13.254,00 |
|
d)
Losses from financial investments: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
A.7. Financial investment
provision change: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
A.8. Exchange losses: |
681,00 |
0,00 |
0,00 |
10,00 |
0,00 |
|
A.II. POSITIVE FINANCIAL RESULTS
(B.2+B.3-A.6-A.7-A.8): |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
A.III. PROFIT FROM ORDINARY ACTIVITIES
(A.I+A.II-B.I-B.II): |
0,00 |
0,00 |
0,00 |
0,00 |
22.235,00 |
|
A.9. Changes in provisions
for intangible, tangible and securities portfolio: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
A.10. Losses from tangible
and intangible fixed assets and portfolio: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
A.11. Losses from
transactions with own shares and debentures: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
A.12. Extraordinary
expenses: |
0,00 |
0,00 |
0,00 |
0,00 |
440,00 |
|
A.13. Prior year expenses
and losses: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
A.IV. EXTRAORDINARY PROFIT
(B.4+B.5+B.6+B.7+B.8-A.9-A.10-A.11-A.12-A.13): |
8.615,00 |
18.685,00 |
11.988,00 |
34.491,00 |
14.903,00 |
|
A.V. PROFIT BEFORE TAXES (A.III+A.IV-B.III-B.IV):
|
0,00 |
0,00 |
0,00 |
0,00 |
37.138,00 |
|
A.14. Corporation Tax:
|
0,00 |
0,00 |
0,00 |
0,00 |
8.147,00 |
|
A.15. Miscellaneous taxes:
|
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
A.VI. FINANCIAL YEAR RESULT (PROFIT)
(A.V-A.14-A.15): |
0,00 |
0,00 |
0,00 |
0,00 |
28.991,00 |
MERCANTILE
REGISTRY.
|
|
EQUIVALENCIA |
EQUIVALENCIA |
EQUIVALENCIA |
EQUIVALENCIA |
ORIGINAL |
|
CREDIT |
2011 |
2010 |
2009 |
2008 |
2007 |
|
B) INCOME ( B.1 to B.8): |
1.920.329,00 |
1.934.158,00 |
1.958.821,00 |
1.783.682,00 |
2.060.761,00 |
|
B.1. Operating income:
|
1.911.702,00 |
1.912.644,00 |
1.946.820,00 |
1.744.433,00 |
2.045.406,00 |
|
a) Net
total sales: |
1.889.070,00 |
1.884.578,00 |
1.918.852,00 |
1.731.329,00 |
2.045.406,00 |
|
b)
Miscellaneous operating income: |
22.632,00 |
28.066,00 |
27.968,00 |
13.104,00 |
0,00 |
|
B.I. PÉRDIDAS DE EXPLOTACIÓN
(A.1+A.2+A.3+A.4+A.5-B.1 ): |
743.724,00 |
926.152,00 |
647.377,00 |
981.202,00 |
0,00 |
|
B.2. Financial income:
|
12,00 |
28,00 |
0,00 |
4.758,00 |
9,00 |
|
a) Companies
of the group: |
12,00 |
28,00 |
0,00 |
0,00 |
0,00 |
|
b) In
associated companies: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
c)
Miscellaneous: |
0,00 |
0,00 |
0,00 |
4.758,00 |
9,00 |
|
d)
Profit on financial investment: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
B.3. Exchange gains: |
0,00 |
2.801,00 |
12,00 |
0,00 |
3,00 |
|
B.II. NEGATIVE FINANCIAL RESULTS
(A.6+A.7+A.8-B.2-B.3): |
7.722,00 |
1.700,00 |
4.681,00 |
8.979,00 |
33.351,00 |
|
B.III. LOSSES ON ORDINARY ACTIVITIES ( B.I + B.II
- A.I - A.II ): |
751.446,00 |
927.852,00 |
652.058,00 |
990.180,00 |
0,00 |
|
B.4. Profit on disposal of both
tangible and intangible fixed assets and securities portfolio: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
B.5. Profit on transactions
with own shares and debentures: |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
B.6. Capital grants
transferred to profit and loss: |
8.615,00 |
11.977,00 |
11.988,00 |
11.988,00 |
11.989,00 |
|
B.7. Extraordinary income:
|
0,00 |
6.708,00 |
0,00 |
22.503,00 |
461,00 |
|
B.8. Income and profit of former
financial years: |
0,00 |
0,00 |
0,00 |
0,00 |
2.893,00 |
|
B.IV. NEGATIVE EXTRAORDINARY RESULTS
(A.9+A.10+A.11+A.12+A.13-B.4-B.5-B.6-B.7-B.8): |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
B.V. LOSSES BEFORE TAXES (B.III+B.IV-A.III-A.IV):
|
742.831,00 |
909.167,00 |
640.070,00 |
955.689,00 |
0,00 |
|
B.VI. FINANCIAL YEAR RESULTS (LOSSES)
(B.V+A.14+A.15): |
742.831,00 |
909.167,00 |
640.070,00 |
955.689,00 |
0,00 |
MERCANTILE
REGISTRY.
CASHFLOW STATEMENT
Model: Normal
> Source of information: Data contained in this section is taken from
the information declared in the Annual Accounts submitted to the Trade
Register.
|
|
2011 |
2010 |
2009 |
2008 |
2007 |
|
1. Fiscal year result before taxes.: 61100 |
-742.831,00 |
-909.167,00 |
-640.070,00 |
-955.689,00 |
37.138,00 |
|
2. Results adjustments.: 61200 |
195.353,00 |
225.730,00 |
193.132,00 |
186.174,00 |
253.170,00 |
|
a) Fixed Assets Amortization (+).: 61201 |
188.312,00 |
221.228,00 |
188.439,00 |
177.205,00 |
219.819,00 |
|
g) Financial income (-).: 61207 |
-12,00 |
-28,00 |
0,00 |
-4.758,00 |
-12,00 |
|
h) Financial Expenses (+). : 61208 |
7.053,00 |
4.529,00 |
4.693,00 |
13.727,00 |
33.363,00 |
|
3. Changes in current capital equity.: 61300 |
-246.380,00 |
304.153,00 |
-5.970,00 |
-466.069,00 |
-150.095,00 |
|
a) Stock (+/-).: 61301 |
-121.889,00 |
127.670,00 |
-6.251,00 |
-373.235,00 |
0,00 |
|
d) Debtors and other accounts receivable (+/-). :
61302 |
-19.368,00 |
61.746,00 |
149.560,00 |
-179.810,00 |
-20.260,00 |
|
c) Other current assets (+/-). : 61303 |
1.409,00 |
24.660,00 |
-27.126,00 |
1.689,00 |
0,00 |
|
d) Creditors and other accounts payable (+/-). :
61304 |
-106.532,00 |
90.076,00 |
-122.153,00 |
85.287,00 |
-129.835,00 |
|
4. Other cash flows for operating activities.: 61400 |
-7.041,00 |
-4.502,00 |
-4.693,00 |
-8.969,00 |
-33.351,00 |
|
a) Interest payments (-). : 61401 |
-7.053,00 |
-4.529,00 |
-4.693,00 |
-13.727,00 |
-33.363,00 |
|
c) Interest collection (+). : 61403 |
12,00 |
28,00 |
0,00 |
4.758,00 |
12,00 |
|
5. Operating activity cash flows (1 + 2 + 3 + 4) : 61500 |
-800.899,00 |
-383.787,00 |
-457.601,00 |
-1.244.553,00 |
106.862,00 |
|
6. Payments for investment (-).: 62100 |
0,00 |
-80.163,00 |
0,00 |
-9.458,00 |
-4.719,00 |
|
b) Intangible fixed assets. : 62102 |
0,00 |
-80.163,00 |
0,00 |
-9.458,00 |
0,00 |
|
h) Other assets. : 62108 |
0,00 |
0,00 |
0,00 |
0,00 |
-4.719,00 |
|
7. Divestment payment collection (+). : 62200 |
153.037,00 |
92.279,00 |
158.924,00 |
56.742,00 |
211.901,00 |
|
b) Intangible fixed assets. : 62202 |
29.131,00 |
0,00 |
2.727,00 |
0,00 |
0,00 |
|
c) Fixed assets. : 62203 |
123.906,00 |
92.279,00 |
156.197,00 |
56.742,00 |
211.901,00 |
|
8. Investment activity cash flows (6 + 7) minus Amortization:
62300 |
-35.275,00 |
-209.112,00 |
-29.514,00 |
-129.921,00 |
-12.637,00 |
|
9. Payment collection and payments for equity instruments. :
63100 |
793.969,00 |
116.045,00 |
582.196,00 |
1.432.888,00 |
-11.989,00 |
|
a) Issuance of equity instruments (+). :
63101 |
800.000,00 |
115.047,00 |
590.588,00 |
1.440.000,00 |
47.249,00 |
|
b) Amortization of assets instruments (-). :
63102 |
0,00 |
0,00 |
0,00 |
0,00 |
-47.249,00 |
|
e) Grants, donations and bequests received (+). :
63105 |
-6.031,00 |
998,00 |
-8.392,00 |
-7.112,00 |
-11.989,00 |
|
10. Payment collection and payments for financial liabilities
instruments.: 63200 |
-16.754,00 |
537.633,00 |
-142.927,00 |
-6.019,00 |
-90.544,00 |
|
a) Issuance : 63201 |
0,00 |
569.141,00 |
9.914,00 |
23.622,00 |
0,00 |
|
3. Debts incurred with companies of the group and
affiliates (+).: 63204 |
0,00 |
568.713,00 |
0,00 |
19.769,00 |
0,00 |
|
5. Other debts (+). : 63206 |
0,00 |
428,00 |
9.914,00 |
3.853,00 |
0,00 |
|
b) Repayment and amortization of : 63207 |
-16.754,00 |
-31.508,00 |
-152.841,00 |
-29.641,00 |
-90.544,00 |
|
2. Debts incurred with credit institutions (-).:
63209 |
0,00 |
0,00 |
0,00 |
0,00 |
-90.544,00 |
|
3. Debts incurred with companies of the group and
affiliates (-). : 63210 |
-2.930,00 |
0,00 |
-124.480,00 |
0,00 |
0,00 |
|
5. Other debts (-). : 63212 |
-13.824,00 |
-31.508,00 |
-28.361,00 |
-29.641,00 |
0,00 |
|
11. Payments from dividends and remunerations from other assets
instruments. : 63300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
12. Cash flows for financing activities (9+10+11).: 63400 |
777.215,00 |
653.678,00 |
439.270,00 |
1.426.869,00 |
-102.533,00 |
|
D) EFECTO DE LAS VARIACIONES DE LOS TIPOS DE CAMBIO: 64000 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
E) NET INCREASE/DECREASE OF CASH OR EQUIVALENT ASSETS
(+/-5+/-8+/12+/-D) : 65000 |
-58.958,00 |
60.780,00 |
-47.845,00 |
52.395,00 |
-8.308,00 |
|
Cash or equivalent assets as of beginning of the
fiscal year.: 65100 |
74.346,00 |
13.567,00 |
61.412,00 |
9.017,00 |
17.325,00 |
|
Cash or equivalent assets as of end of the fiscal
year.: 65200 |
15.388,00 |
74.346,00 |
13.567,00 |
61.412,00 |
9.017,00 |
FINANCIAL DIAGNOSIS
> Economic-Financial Comparative Analysis
Data used in the following ratios and indicators is taken from the
Annual Accounts submitted by the company to the TRADE REGISTER.
> Comparison within the Sector
|
Cash Flow |
2011 |
2010 |
Variación 2011 - 2010 |
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
Cash Flow over Sales: |
-0,03 % |
0,14 % |
0,03 % |
0,12 % |
-196,77 % |
16,23 % |
|
EBITDA over Sales: |
-29,40 % |
5,98 % |
-37,40 % |
16,22 % |
21,40 % |
-63,14 % |
|
Cash Flow Yield: |
-0,05 % |
0,03 % |
0,05 % |
0,03 % |
-202,48 % |
15,95 % |
|
Profitability |
2011 |
2010 |
Variación 2011 - 2010 |
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
Operating economic profitability: |
-57,55 % |
0,35 % |
-67,75 % |
5,23 % |
15,05 % |
-93,33 % |
|
Total economic profitability: |
-57,60 % |
-0,19 % |
-67,04 % |
3,15 % |
14,07 % |
-105,98 % |
|
Financial profitability: |
-266,96 % |
-3,85 % |
-411,23 % |
3,14 % |
35,08 % |
-222,42 % |
|
Margin: |
-38,45 % |
0,70 % |
-47,80 % |
9,00 % |
19,55 % |
-92,17 % |
|
Mark-up: |
-38,86 % |
-6,92 % |
-47,89 % |
6,42 % |
18,85 % |
-207,70 % |
|
Solvency |
2011 |
2010 |
Variación 2011 - 2010 |
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
Liquidity: |
0,02 |
0,13 |
0,07 |
0,14 |
-76,90 |
-7,95 |
|
Acid Test: |
0,40 |
0,84 |
0,39 |
1,01 |
1,24 |
-16,34 |
|
Working Capital / Investment: |
-0,16 |
0,11 |
-0,30 |
0,14 |
45,39 |
-22,79 |
|
Solvency: |
0,79 |
1,50 |
0,63 |
1,64 |
24,85 |
-8,71 |
|
Indebtedness |
2011 |
2010 |
Variación 2011 - 2010 |
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
Indebtedness level: |
3,37 |
1,32 |
4,60 |
1,13 |
-26,67 |
16,77 |
|
Borrowing Composition: |
0,01 |
1,24 |
0,02 |
1,12 |
-36,28 |
10,18 |
|
Repayment Ability: |
-16,71 |
16,79 |
18,23 |
18,10 |
-191,62 |
-7,23 |
|
Warranty: |
1,30 |
1,76 |
1,22 |
1,89 |
6,50 |
-7,03 |
|
Generated resources / Total creditors: |
-0,56 |
0,01 |
-0,62 |
0,06 |
9,31 |
-77,81 |
|
Efficiency |
2011 |
2010 |
Variación 2011 - 2010 |
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
Productivity: |
0,47 |
1,27 |
0,26 |
1,68 |
80,57 |
-24,23 |
|
Turnover of Collection Rights : |
5,16 |
3,45 |
5,44 |
3,85 |
-5,27 |
-10,44 |
|
Turnover of Payment Entitlements: |
3,93 |
2,24 |
2,91 |
2,02 |
34,85 |
11,12 |
|
Stock rotation: |
7,11 |
1,72 |
11,27 |
1,88 |
-36,97 |
-8,52 |
|
Assets turnover: |
1,50 |
0,49 |
1,42 |
0,58 |
5,60 |
-14,77 |
|
Borrowing Cost: |
0,72 |
2,81 |
0,41 |
2,45 |
75,20 |
14,96 |
> Trend of indicators under the General Accounting Plan of 2007
(2011, 2010, 2009, 2008, 2007)
|
Cash Flow |
2011 |
2010 |
2009 |
2008 |
2007 |
|
Cash Flow over Sales: |
-0,03 % |
0,03 % |
-2,49 % |
3,03 % |
-0,41 % |
|
EBITDA over Sales: |
-29,40 % |
-37,40 % |
-23,92 % |
-46,44 % |
13,46 % |
|
Cash Flow Yield: |
-0,05 % |
0,05 % |
-3,16 % |
2,85 % |
-0,65 % |
|
Profitability |
2011 |
2010 |
2009 |
2008 |
2007 |
|
Operating economic profitability: |
-57,55 % |
-67,75 % |
-41,94 % |
-52,74 % |
4,34 % |
|
Total economic profitability: |
-57,60 % |
-67,04 % |
-41,94 % |
-51,25 % |
5,50 % |
|
Financial profitability: |
-266,96 % |
-411,23 % |
-63,05 % |
-89,76 % |
5,00 % |
|
Margin: |
-38,45 % |
-47,80 % |
-32,64 % |
-55,56 % |
2,72 % |
|
Mark-up: |
-38,86 % |
-47,89 % |
-0,24 % |
-1,80 % |
1,09 % |
|
Solvency |
2011 |
2010 |
2009 |
2008 |
2007 |
|
Liquidity: |
0,02 |
0,07 |
0,03 |
0,09 |
0,02 |
|
Acid Test: |
0,40 |
0,39 |
0,95 |
0,91 |
0,68 |
|
Working Capital / Investment: |
-0,16 |
-0,30 |
0,26 |
0,17 |
-0,14 |
|
Solvency: |
0,79 |
0,63 |
1,86 |
1,46 |
0,69 |
|
Indebtedness |
2011 |
2010 |
2009 |
2008 |
2007 |
|
Indebtedness level: |
3,37 |
4,60 |
0,46 |
0,68 |
1,03 |
|
Borrowing Composition: |
0,01 |
0,02 |
0,07 |
0,09 |
0,13 |
|
Repayment Ability: |
-16,71 |
18,23 |
376,60 |
1,63 |
5,57 |
|
Warranty: |
1,30 |
1,22 |
3,15 |
2,46 |
1,97 |
|
Generated resources / Total creditors: |
-0,56 |
-0,62 |
-0,94 |
-1,04 |
0,38 |
|
Efficiency |
2011 |
2010 |
2009 |
2008 |
2007 |
|
Productivity: |
0,47 |
0,26 |
0,47 |
0,12 |
1,26 |
|
Turnover of Collection Rights : |
5,16 |
5,44 |
4,71 |
3,10 |
5,34 |
|
Turnover of Payment Entitlements: |
3,93 |
2,91 |
3,67 |
3,84 |
1,22 |
|
Stock rotation: |
7,11 |
11,27 |
6,84 |
7,30 |
|
|
Assets turnover: |
1,50 |
1,42 |
1,29 |
0,95 |
1,60 |
|
Borrowing Cost: |
0,72 |
0,41 |
0,98 |
1,84 |
5,13 |
COMPARATIVE SECTORIAL BALANCE
Sector-based
Comparison under the rules of the New General Accounting Plan.
|
|
Variación - |
|
|
|
Empresa |
Sector |
|
|
Variación - |
|
|
|
Empresa |
Sector |
|
|
Variación - |
|
|
|
Empresa |
Sector |
Public Tenders and Works Won
No Public Tenders
assigned to the name of the company.
Detail of Subsidies appearing in Balances Memories
|
Entity |
GOBIERNO DE NAVARRA |
|
Subsidy Concept |
Subvención de capital. |
|
Status |
CONCEDIDA |
|
Amount Granted |
5.330,88 |
|
Entity |
GOBIERNO DE NAVARRA |
|
Subsidy Concept |
Subvención de capital. |
|
Status |
CONCEDIDA |
|
Amount Granted |
4.691,23 |
|
Entity |
GOBIERNO DE NAVARRA |
|
Subsidy Concept |
Subvención de capital. |
|
Status |
CONCEDIDA |
|
Amount Granted |
3.997,56 |
|
Entity |
GOBIERNO DE NAVARRA |
|
Subsidy Concept |
Subvención de capital. |
|
Status |
CONCEDIDA |
|
Amount Granted |
7.036,85 |
|
Notes |
Dicho importe corresponde al pendiente de imputar a fecha de cierre
del ejercicio. |
|
Entity |
GOBIERNO DE NAVARRA |
|
Subsidy Concept |
Subvención de capital. |
|
Status |
CONCEDIDA |
|
Amount Granted |
6.930,24 |
|
Notes |
Dicho importe corresponde al pendiente de imputar a fecha de cierre
del ejercicio. |
|
Entity |
GOBIERNO DE NAVARRA |
|
Subsidy Concept |
Subvención de capital. |
|
Status |
CONCEDIDA |
|
Amount Granted |
6.083,35 |
|
Notes |
Dicho importe corresponde al pendiente de imputar a fecha de cierre
del ejercicio. |
|
Entity |
GOBIERNO DE NAVARRA |
|
Subsidy Concept |
Subvención de explotación. |
|
Status |
CONCEDIDA |
|
Amount Granted |
350,00 |
|
Notes |
Aprobada en el ejercicio actual |
Research Summary
The subject was founded
in Navarra in 1993 and it is engaged in manufacturing and distribution of
candies. Annual incomes were stable during 2011 and its losses decreased in the
same period of time. The management ratios are unfavorable and it has a
negative working capital. The negative results accumulated since 2008reduced
systematically its guarantees because of the loss of weight of its net worth
within its financial structure.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.23 |
|
|
1 |
Rs.100.18 |
|
Euro |
1 |
Rs.84.06 |
INFORMATION DETAILS
|
Report Prepared
by : |
NNA |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.