MIRA
INFORM REPORT
|
Report Date : |
19.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
CORALIM ADITIVOS SL |
|
|
|
|
Registered Office : |
Avenida De Les Corts Valencianes, 41 - 1ºg, 46015 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
01.01.2004 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesaler of industrial chemical products |
|
|
|
|
No. of Employees : |
5 (2013) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
After almost 15 years of above
average GDP growth, the Spanish economy began to slow in late 2007 and entered into
a recession in the second quarter of 2008. GDP contracted by 3.7% in 2009,
ending a 16-year growth trend, and by another 0.3% in 2010; GDP expanded 0.4%
in 2011, before contracting 1.4% in 2012. The economy has once again fallen
into recession as deleveraging in the private sector, fiscal consolidation, and
continued high unemployment weigh on domestic demand and investment, even as
exports have shown signs of resiliency. The unemployment rate rose from a low
of about 8% in 2007 to 26.0% in 2012. The economic downturn has also hurt
Spain's public finances. The government budget deficit peaked at 11.2% of GDP
in 2010 and the process to reduce this imbalance has been slow despite the
central government's efforts to raise new tax revenue and cut spending. Spain
reduced its budget deficit to 9.4% of GDP in 2011, and roughly 7.4% of GDP in
2012, above the 6.3% target negotiated between Spain and the EU. Although
Spain''s large budget deficit and poor economic growth prospects remain a
source of concern for foreign investors, the government''s ongoing efforts to
cut spending and introduce flexibility into the labor markets are intended to
assuage these concerns. The government is also taking steps to shore up the
banking system, namely by using up to $130 billion in EU funds to recapitalize
struggling banks exposed to the collapsed domestic construction and real estate
sectors.
|
Source : CIA |
Company name
CORALIM ADITIVOS SL
CIF/NIF: B97482673
Company situation: Active
Data of your
request
|
Registered Name CORALIM Complete Address AV.PUERTO DE
ALICANTE 11 PARQUE LIGISTICO DE VALENCIA VALENCIA Request reason MAX
CREDIT |
Year of the accounts to be delivered 2012 Language Inglés Delivery Method E-mail Delivery Format RTF Delivery time 4 days Report Reference
Number 239434 |
Answer to the data
in your request
Address
The address mentioned
in your request is a branch
Registered name
The correct registered name is the one indicated in this report and not the
one mentioned in your request.
EXECUTIVE
SUMMARY
Identification
Current Business Name: CORALIM ADITIVOS SL
Other names: YES
Current Address: AVENIDA DE LES CORTS VALENCIANES, 41 - 1ºG
Branches: 1
Telephone number: 963173493 Fax: 961640871
URL: www.coralim.com
Corporate e-mail: info@coralim.com
Trade Risk
Incidents: NO
R.A.I.: NO
Financial Information
Balance sheet latest sales (2012): 2.575.916,39 € (Mercantile Register)
Result: 48.455,38 €
Total Assets: 1.214.310,16 €
Share capital: 218.055,24 €
Employees: 5
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 15/07/2004
Activity: Wholesale of industrial chemical products
NACE 2009 CODE: 4675
International Operations: Imports and Exports
Corporate Structure
Sole Administrator:
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2012
Latest act published in BORME: 30/09/2011 Annual Filed Accounts
Latest press article: No press articles registered for this
company
The date when this report was last updated is 16/10/2013.
The information contained in this report has been investigated and
contrasted on 16/10/2013
Financial
situation
|
Exercise:2012 |
|
||
|
Immediate
liquidity |
Acceptable |
|
|
|
Indebtedness |
Important |
|
|
|
Profitability |
Sufficient |
|
|
|
Soundness |
Excellent |
|
|
Performance
|
Incidents |
None or Negligible |
|
Business Trajectory |
Good |
Rating Explanation
Financial situation
•
The company’s financial situation is normal.
•
The sales evolution and results has
been positive.
Company Structure
•
The company’s capitalization degree determines that
its structure is 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 |
|
19/09/2013 |
Reduction |
12 |
•
New financial statements have been uploaded. |
|
30/11/2012 |
Reduction |
14 |
•
There has been a change in the formula version. |
|
16/11/2012 |
Increase |
16 |
•
New financial statements have been uploaded. |
|
14/10/2011 |
Increase |
15 |
•
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
11/10/2013 08:10:38
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 €
|
|
31/12/2012 (12) BALANCE SHEET |
% ASSETS |
31/12/2011 (12) BALANCE SHEET |
% ASSETS |
31/12/2010 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
13.073,80 |
1,08 |
13.860,62 |
1,41 |
25.910,62 |
2,79 |
|
B) CURRENT ASSETS |
1.201.236,36 |
98,92 |
969.691,86 |
98,59 |
901.509,81 |
97,21 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
131.639,15 |
10,84 |
206.014,54 |
20,95 |
170.728,06 |
18,41 |
|
B) NON CURRENT LIABILITIES |
45.657,54 |
3,76 |
62.276,47 |
6,33 |
23.271,38 |
2,51 |
|
C) CURRENT LIABILITIES |
1.037.013,47 |
85,40 |
715.261,47 |
72,72 |
733.420,99 |
79,08 |
Profit and loss
account analysis
Figures given in €
|
|
31/12/2012 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2011 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2010 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
2.575.916,39 |
|
2.174.368,11 |
|
1.643.826,20 |
|
|
GROSS MARGIN |
445.973,60 |
17,31 |
388.538,36 |
17,87 |
295.921,95 |
18,00 |
|
EBITDA |
73.648,75 |
2,86 |
61.156,97 |
2,81 |
53.123,43 |
3,23 |
|
EBIT |
72.629,69 |
2,82 |
59.821,71 |
2,75 |
50.495,55 |
3,07 |
|
NET RESULT |
48.455,38 |
1,88 |
35.286,48 |
1,62 |
31.344,40 |
1,91 |
|
EFFECTIVE TAX RATE (%) |
20,42 |
0,00 |
25,00 |
0,00 |
24,96 |
0,00 |
COMPARATIVE SECTOR ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2012) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
1,08 |
34,19 |
-33,11 |
|
A) CURRENT ASSETS |
98,92 |
65,81 |
33,11 |
|
LIABILITIES |
|||
|
A) NET WORTH |
10,84 |
44,45 |
-33,61 |
|
B) NON CURRENT LIABILITIES |
3,76 |
16,00 |
-12,24 |
|
C) CURRENT LIABILITIES |
85,40 |
39,55 |
45,85 |
|
|
|
|
|
|
|
COMPANY (2012) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
SALES |
100,00 |
98,72 |
1,28 |
|
GROSS MARGIN |
17,31 |
35,44 |
-18,13 |
|
EBITDA |
2,86 |
4,94 |
-2,08 |
|
EBIT |
2,82 |
3,14 |
-0,32 |
|
NET RESULT |
1,88 |
2,01 |
-0,13 |
Sector Composition
Compared sector (NACE 2009): 4675
Number of companies: 928
Size (sales figure): 0 - 2,800,000.00 Euros
OTHER DATA FROM THE ANNUAL FINANCIAL REPORT
Results
Distribution
Source: annual financial report 2012
Figures given in €
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account Balance |
48.455,38 |
Legal Reserve |
4.845,54 |
|
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 |
31.569,14 |
|
Total of Amounts to be distributed |
48.455,38 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
12.040,70 |
|
|
|
Application total |
48.455,38 |
company ADDRESSES
Current Legal Seat Address:
AVENIDA DE LES CORTS VALENCIANES, 41 - 1ºG
46015 VALENCIA
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
AVENIDA PUERTO DE ALICANTE (PQ LOGISTICO DE
VALENCIA), 11 |
46190 |
RIBA-ROJA DE TURIA |
Valencia |
CORPORATE STRUCTURE
ADMINISTRATIVE
LINKS
Governing body : 1 member (latest change:
14/10/2009)
Other Positions : 1 (latest change: 29/09/2009)
Operative Board Members : 6 (latest change: 16/10/2012)
Main Board
members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
SOLE ADMINISTRATOR |
TAOUDI BEN CHEKROUN, HICHAM |
14/10/2009 |
|
|
|
|
|
POSITION |
NAME AND SURNAME |
|
Manager |
TAOUDI BEN CHEKROUN, HICHAM |
|
Financial Manager |
TAOUDI BENCHEKROUN, YOUSSEF |
|
Human Resources Director |
TAOUDI BENCHEKROUN, YOUSSEF |
|
Commercial Director |
TAOUDI BENCHEKROUN, YOUSSEF |
|
Exports Director |
TAOUDI BENCHEKROUN, YOUSSEF |
|
Imports Director |
TAOUDI BENCHEKROUN, YOUSSEF |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
TAOUDI BENCHEKROUN YOUSSEF |
|
50,00 |
OWN SOURCES |
16/10/2013 |
|
|
TAOUDI BEN CHEKROUN HICHAM |
|
50,00 |
OWN SOURCES |
16/10/2013 |
POTENTIAL LINKS
Search Criterion: ”CORALIM ADITIVOS SL”
URL: www.coralim.com
.: CORALIM aditivos :. - Colorantes Alimentarios | Aditivos ... CORALIM
aditivos es una empresa que se dedica a la fabricacíon y distribución de
colorantes y aditivos alimentarios tales como el amarillo tartracina E 102, ...
URL: www.afca-aditivos.org
CORALIM ADITIVOS, S.L. Población: RIBARROJA DEL TURIA - AFCA CORALIM
ADITIVOS, S.L.. Contacto: Sra. Natalia Batlle
BUSINESS INFORMATION
Incorporation date: 15/07/2004
Establishment date: 01/01/2004
Founder’s Name: LA TITULAR ES LA FUNDADORA INICIAL DEL NEGOCIO
Activity: Wholesale of industrial chemical products
NACE 2009 CODE: 4675
NACE 2009 Activity: Wholesale of chemical products
Business: LA SOCIEDAD TENDRA POR OBJETO DEDICARSE EN NOMBRE PROPIO 0 POR CUENTA DE TERCEROS A OPERACIONES REFERIDAS AL COMERCIO AL POR MAYOR O COMO DETALLISTA, LA IMPORTACION Y EXPORTACION, COMPRAVENTA, MEDIACION, CORRETAJE, REPRE
(THE COMPANY WILL ENGAGE IN NAME INTENDED OWN 0 THIRD PARTY ON BEHALF OF OPERATIONS REGARDING THE WHOLESALE TRADE OR RETAILER, IMPORT AND EXPORT SALE, MEDIATION, BROKERAGE, REPRE)
Latest employees figure: 5 (2013)
% of fixed employees: 80,00%
% of temporary employees: 20,00%
% of men: 28,57%
% of women: 71,43%
Employees evolution
|
|
|
|
Source: Annual financial report 2012
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Gender distribution |
|
2 |
5 |
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
6081 |
AV. CORTES VALENCIANAS, 41 |
VALENCIA |
Valencia |
|
BANCO SANTANDER, S.A. |
1827 |
BARCAS, 8 |
VALENCIA |
Valencia |
|
BANKINTER, S.A. |
|
|
|
|
Discount facilities: 0
Credit policy: 1
Mortgage loan: 0
Loans with no real security: 0
|
|
|
|
Debt type: Credit policy |
Granted limit:10.000,00 € Used limit:6.882,05 € Available limit:3.117,95
€ Source: Filed
Accounts (2012) |
Brand name: CORALIM (Valid)
Type: JOINT Scope: NATIONAL Date: 29/10/2009
LEGAL
STRUCTURE
Constitution Data
Register Date: 15/07/2004
Register town: Valencia
Announcement number: 363219
Register data:
Volume 7863, Book 5158, Folio 150, Section 8, Sheet 98167,
Inscription I/A 1 (2004-07-30)
Share capital: 3.006 €
Legal form: Limited Liability Company
Share capital: 218.055,24 €
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: 1 (Last: 13/06/2006)
Acts on administrators: 3 (Last: 14/10/2009, first: 12/08/2004)
Acts on capital: 1 (Last: 07/12/2007)
Acts on creation: 1 (Last: 12/08/2004)
Acts on filed accounts: 7 (Last: 30/09/2011, first: 28/09/2005)
Acts on identification: 0
Acts on Information: 1 (Last: 14/10/2009)
Latest acts in
B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Annual Filed Accounts (2010) |
30/09/2011 |
681298 |
Valencia |
|
Annual Filed Accounts (2009) |
08/10/2010 |
787068 |
Valencia |
|
Modification of the Articles of Association |
14/10/2009 |
429204 |
Valencia |
|
Re-elections |
14/10/2009 |
429204 |
Valencia |
|
Appointments |
29/09/2009 |
413076 |
Valencia |
|
Annual Filed Accounts (2008) |
09/09/2009 |
374336 |
Valencia |
|
Annual Filed Accounts (2007) |
10/11/2008 |
1066841 |
Valencia |
|
Capital enlargement (IA) |
07/12/2007 |
610852 |
Valencia |
|
Annual Filed Accounts (2006) |
04/10/2007 |
757844 |
Valencia |
|
Annual Filed Accounts (2005) |
16/10/2006 |
751564 |
Valencia |
Press articles
No press articles registered for this company
FINANCIAL INFORMATION
The information on the last Individual Filed Accounts contained in this
report is extracted from the Mercantile Register file of the legal address of
the Company and dated 19/09/2013.
SITUATION
BALANCE-SHEET
Assets
Figures given in €
|
|
31/12/2012 (12) |
% ASSETS |
31/12/2011 (12) |
% ASSETS |
31/12/2010 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
13.073,80 |
1,08 |
13.860,62 |
1,41 |
25.910,62 |
2,79 |
|
I. Intangible assets |
|
|
|
|
811,55 |
0,09 |
|
II. Tangible fixed assets |
3.311,05 |
0,27 |
523,71 |
0,05 |
|
|
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Long Term Financial Investments |
1.394,00 |
0,11 |
|
|
|
|
|
VI. Assets by deferred taxes |
8.368,75 |
0,69 |
13.336,91 |
1,36 |
25.099,07 |
2,71 |
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
1.201.236,36 |
98,92 |
969.691,86 |
98,59 |
901.509,81 |
97,21 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
127.579,12 |
10,51 |
106.293,63 |
10,81 |
138.127,46 |
14,89 |
|
III. Trade Debtors and other receivable accounts |
851.846,31 |
70,15 |
760.822,35 |
77,35 |
664.086,56 |
71,61 |
|
1. Clients |
709.896,63 |
58,46 |
570.370,24 |
57,99 |
545.050,13 |
58,77 |
|
a) Clients for sales and long term services
rendering |
|
|
570.370,24 |
57,99 |
545.050,13 |
58,77 |
|
b) Clients for sales and short term services
rendering |
709.896,63 |
58,46 |
|
|
|
|
|
3. Other debtors |
141.949,68 |
11,69 |
190.452,11 |
19,36 |
119.036,43 |
12,84 |
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Short term financial investments |
92.606,07 |
7,63 |
93.609,44 |
9,52 |
98.533,58 |
10,62 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
129.204,86 |
10,64 |
8.966,44 |
0,91 |
762,21 |
0,08 |
|
TOTAL ASSETS (A + B) |
1.214.310,16 |
100,00 |
983.552,48 |
100,00 |
927.420,43 |
100,00 |
Net Worth and
Liabilities
Figures given in €
|
|
31/12/2012 (12) |
% ASSETS |
31/12/2011 (12) |
% ASSETS |
31/12/2010 (12) |
% ASSETS |
|
A) NET WORTH |
131.639,15 |
10,84 |
206.014,54 |
20,95 |
170.728,06 |
18,41 |
|
A-1) Equity |
131.639,15 |
10,84 |
206.014,54 |
20,95 |
170.728,06 |
18,41 |
|
I. Capital |
218.055,24 |
17,96 |
218.055,24 |
22,17 |
218.055,24 |
23,51 |
|
1. Authorized capital |
218.055,24 |
17,96 |
218.055,24 |
22,17 |
218.055,24 |
23,51 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
|
|
|
|
|
|
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
-134.871,47 |
-11,11 |
-47.327,18 |
-4,81 |
-78.671,58 |
-8,48 |
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
48.455,38 |
3,99 |
35.286,48 |
3,59 |
31.344,40 |
3,38 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
45.657,54 |
3,76 |
62.276,47 |
6,33 |
23.271,38 |
2,51 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
45.657,54 |
3,76 |
62.276,47 |
6,33 |
23.271,38 |
2,51 |
|
1. Debts with bank entities |
45.657,54 |
3,76 |
|
|
|
|
|
2. Financial leasing creditors |
|
|
62.276,47 |
6,33 |
23.271,38 |
2,51 |
|
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 |
1.037.013,47 |
85,40 |
715.261,47 |
72,72 |
733.420,99 |
79,08 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
21.689,96 |
1,79 |
6.847,60 |
0,70 |
65.283,03 |
7,04 |
|
1. Debts with bank entities |
21.689,96 |
1,79 |
6.847,60 |
0,70 |
65.283,03 |
7,04 |
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
|
|
V. Trade creditors and other payable accounts |
1.015.323,51 |
83,61 |
708.413,87 |
72,03 |
668.137,96 |
72,04 |
|
1. Suppliers |
1.015.323,51 |
83,61 |
708.413,87 |
72,03 |
668.137,96 |
72,04 |
|
a) Long term suppliers |
|
|
708.413,87 |
72,03 |
668.137,96 |
72,04 |
|
b) Short term suppliers |
1.015.323,51 |
83,61 |
|
|
|
|
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
1.214.310,16 |
100,00 |
983.552,48 |
100,00 |
927.420,43 |
100,00 |
PROFIT AND LOSS
ACCOUNT
Figures given in €
|
|
31/12/2012 (12) |
%OPERATING INCOME |
31/12/2011 (12) |
%OPERATING INCOME |
31/12/2010 (12) |
%OPERATING INCOME |
|
1. Net Turnover |
2.575.916,39 |
100,00 |
2.174.368,11 |
100,00 |
1.643.826,20 |
99,98 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-2.129.942,79 |
-82,69 |
-1.785.829,75 |
-82,13 |
-1.348.301,25 |
-82,00 |
|
5. Other operating income |
|
|
|
|
397,00 |
0,02 |
|
6. Labour cost |
-184.704,92 |
-7,17 |
-181.239,10 |
-8,34 |
-148.324,74 |
-9,02 |
|
7. Other operating costs |
-187.619,93 |
-7,28 |
-146.142,29 |
-6,72 |
-94.473,78 |
-5,75 |
|
8. Amortization of fixed assets |
-1.019,06 |
-0,04 |
-523,71 |
-0,02 |
-2.627,88 |
-0,16 |
|
9. Allocation of subventions on non financial investments and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
|
|
-811,55 |
-0,04 |
|
|
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
|
|
|
|
|
|
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) |
72.629,69 |
2,82 |
59.821,71 |
2,75 |
50.495,55 |
3,07 |
|
14. Financial income |
759,76 |
0,03 |
314,62 |
0,01 |
4.022,94 |
0,24 |
|
a) Allocation of financial legacies, grants and subventions |
759,76 |
0,03 |
314,62 |
0,01 |
4.022,94 |
0,24 |
|
15. Financial expenses |
-18.875,74 |
-0,73 |
-20.588,98 |
-0,95 |
-12.585,48 |
-0,77 |
|
16. Reasonable value variation on financial instruments |
-3.523,26 |
-0,14 |
-4.191,74 |
-0,19 |
-2.163,67 |
-0,13 |
|
17. Exchange differences |
6.833,83 |
0,27 |
43,46 |
0,00 |
|
|
|
18. Deterioration and result for disposal of financial instruments |
3.065,66 |
0,12 |
11.649,57 |
0,54 |
2.001,59 |
0,12 |
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-11.739,75 |
-0,46 |
-12.773,07 |
-0,59 |
-8.724,62 |
-0,53 |
|
C) RESULT BEFORE TAXES (A + B) |
60.889,94 |
2,36 |
47.048,64 |
2,16 |
41.770,93 |
2,54 |
|
20. Taxes on profits |
-12.434,56 |
-0,48 |
-11.762,16 |
-0,54 |
-10.426,53 |
-0,63 |
|
D) EXERCISE RESULT (C + 20) |
48.455,38 |
1,88 |
35.286,48 |
1,62 |
31.344,40 |
1,91 |
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 /1) |
AUTHORIZED CAPITAL |
RESULTS FROM PREVIOUS EXERCISES |
EXERCISE RESULT |
TOTAL |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
218.055,24 |
-89.470,49 |
10.798,91 |
139.383,66 |
|
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) |
218.055,24 |
-89.470,49 |
10.798,91 |
139.383,66 |
|
I. Total recognized income and expenses |
|
|
31.344,40 |
31.344,40 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
10.798,91 |
-10.798,91 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
218.055,24 |
-78.671,58 |
31.344,40 |
170.728,06 |
|
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) |
218.055,24 |
-78.671,58 |
31.344,40 |
170.728,06 |
|
I. Total recognized income and expenses |
|
|
35.286,48 |
35.286,48 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
31.344,40 |
-31.344,40 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
218.055,24 |
-47.327,18 |
35.286,48 |
206.014,54 |
|
I. Adjustments by change of criteria in the exercise (2011) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2011) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2012) |
218.055,24 |
-47.327,18 |
35.286,48 |
206.014,54 |
|
I. Total recognized income and expenses |
|
|
48.455,38 |
48.455,38 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
-87.544,29 |
-35.286,48 |
-122.830,77 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2012) |
218.055,24 |
-134.871,47 |
48.455,38 |
131.639,15 |
RATIOS
|
|
31/12/2012 (12) |
CHANGE % |
31/12/2011 (12) |
CHANGE % |
31/12/2010 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
164.222,89 |
-35,45 |
254.430,39 |
51,37 |
168.088,82 |
|
Working capital ratio |
0,14 |
-46,15 |
0,26 |
44,44 |
0,18 |
|
Soundness Ratio |
10,07 |
-32,23 |
14,86 |
125,49 |
6,59 |
|
Average Collection Period (days) |
119 |
-5,43 |
126 |
-13,37 |
145 |
|
Average Payment Period (days) |
158 |
19,35 |
132 |
-20,73 |
167 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
115,84 |
-14,55 |
135,57 |
10,29 |
122,92 |
|
Quick Ratio (%) |
21,39 |
49,16 |
14,34 |
5,91 |
13,54 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
5,55 |
-21,05 |
7,03 |
-26,39 |
9,55 |
|
External Financing Average Cost |
0,28 |
-6,67 |
0,30 |
114,29 |
0,14 |
|
Debt Service Coverage |
1,36 |
-29,53 |
1,93 |
-26,05 |
2,61 |
|
Interest Coverage |
3,85 |
32,30 |
2,91 |
-27,43 |
4,01 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
1,92 |
16,36 |
1,65 |
-20,29 |
2,07 |
|
Auto financing generated by Assets (%) |
4,07 |
11,81 |
3,64 |
-0,55 |
3,66 |
|
Breakdown Point |
1,03 |
0,00 |
1,03 |
0,00 |
1,03 |
|
Average Sales Volume per Employee |
503.108,67 |
11,06 |
452.993,36 |
11,06 |
407.897,32 |
|
Average Cost per Employee |
36.075,18 |
-4,46 |
37.758,15 |
2,59 |
36.805,15 |
|
Assets Turnover |
2,12 |
-4,07 |
2,21 |
24,86 |
1,77 |
|
Inventory Turnover (days) |
22 |
0,00 |
22 |
-41,18 |
37 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
5,98 |
-1,64 |
6,08 |
11,56 |
5,44 |
|
Operating Profitability (%) |
6,06 |
0,33 |
6,05 |
5,58 |
5,73 |
|
Return on Equity (ROE) (%) |
46,26 |
102,54 |
22,84 |
-6,66 |
24,47 |
SECTORIAL ANALYSIS
Balance Sheet and
Financial Balance
Figures expressed in %
|
|
COMPANY (2012) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
1,08 |
34,19 |
-33,11 |
|
A) CURRENT ASSETS |
98,92 |
65,81 |
33,11 |
|
LIABILITIES |
|||
|
A) NET WORTH |
10,84 |
44,45 |
-33,61 |
|
B) NON CURRENT LIABILITIES |
3,76 |
16,00 |
-12,24 |
|
C) CURRENT LIABILITIES |
85,40 |
39,55 |
45,85 |
Results Analytical
Account
Figures given in %
|
|
COMPANY (2012) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
98,72 |
1,28 |
|
Other operating income |
|
1,28 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-82,69 |
-64,91 |
-17,78 |
|
Variation in stocks of finished goods and work in progress |
|
0,35 |
|
|
GROSS MARGIN |
17,31 |
35,44 |
-18,13 |
|
Other operating costs |
-7,28 |
-14,00 |
6,72 |
|
Labour cost |
-7,17 |
-16,64 |
9,47 |
|
GROSS OPERATING RESULT |
2,86 |
4,80 |
-1,94 |
|
Amortization of fixed assets |
-0,04 |
-1,85 |
1,81 |
|
Deterioration and result for fixed assets disposal |
|
0,03 |
|
|
Other expenses / income |
|
0,16 |
|
|
NET OPERATING RESULT |
2,82 |
3,14 |
-0,32 |
|
Financial result |
-0,46 |
-0,35 |
-0,11 |
|
RESULT BEFORE TAX |
2,36 |
2,79 |
-0,43 |
|
Taxes on profits |
-0,48 |
-0,78 |
0,30 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
1,88 |
2,01 |
-0,13 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
1,88 |
2,01 |
-0,13 |
|
Amortization of fixed assets |
-0,04 |
-1,85 |
1,81 |
|
Deterioration and provisions variation |
|
0,05 |
|
|
|
1,92 |
3,81 |
-1,89 |
Main Ratios
Figures given in €
|
|
COMPANY (2012) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
164.222,89 |
23.596,39 |
108.296,73 |
253.193,45 |
|
Working capital ratio |
0,14 |
0,08 |
0,25 |
0,45 |
|
Soundness Ratio |
10,07 |
0,79 |
1,80 |
4,49 |
|
Average Collection Period (days) |
119 |
54 |
87 |
135 |
|
Average Payment Period (days) |
158 |
72 |
108 |
171 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
115,84 |
113,91 |
153,64 |
246,47 |
|
Quick Ratio (%) |
21,39 |
7,01 |
24,07 |
68,45 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
5,55 |
3,11 |
18,99 |
39,47 |
|
External Financing Average Cost |
0,28 |
0,02 |
0,05 |
0,09 |
|
Debt Service Coverage |
1,36 |
0,00 |
2,18 |
9,35 |
|
Interest Coverage |
3,85 |
1,00 |
2,01 |
8,04 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
1,92 |
0,83 |
2,51 |
6,14 |
|
Auto financing generated by Assets (%) |
4,07 |
1,04 |
3,41 |
7,09 |
|
Breakdown Point |
1,03 |
1,00 |
1,02 |
1,06 |
|
Average Sales Volume per Employee |
503.108,67 |
98.810,42 |
159.412,21 |
273.201,89 |
|
Average Cost per Employee |
36.075,18 |
17.236,24 |
25.419,22 |
34.125,49 |
|
Assets Turnover |
2,12 |
0,78 |
1,29 |
1,93 |
|
Inventory Turnover (days) |
22 |
25 |
67 |
150 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
5,98 |
0,56 |
3,07 |
6,52 |
|
Operating Profitability (%) |
6,06 |
2,08 |
5,16 |
9,61 |
|
Return on Equity (ROE) (%) |
46,26 |
0,32 |
4,52 |
15,26 |
ADDITIONAL INFORMATION
Consulted Sources
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
INTERNET
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.28 |
|
UK Pound |
1 |
Rs.99.03 |
|
Euro |
1 |
Rs.83.80 |
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.