MIRA INFORM REPORT
|
Report Date : |
12.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
ZANCANER S.R.L. |
|
|
|
|
Registered Office : |
Via Monte Rosa, 2/A Roccapietra, 13011 – Varallo (VC) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
30.12.1982 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of textile machinery, machinery and systems for auxiliary treatment
of textiles, sewing and weaving machines (including spare parts and
accessories) |
|
|
|
|
No. of Employees : |
from 16 to 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 : |
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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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 higher. 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 133% of GDP in 2013, but investor
concerns about Italy and the broader euro-zone crisis eased in 2013, bringing
down Italy's borrowing costs on sovereign government debt from euro-era. The
government still faces pressure from investors and European partners to sustain
its efforts to address Italy's long-standing structural impediments to growth,
such as labor market inefficiencies and widespread tax evasion. In 2013
economic growth and labor market conditions deteriorated, with growth at -1.8%
and unemployment rising to 12.4%, with youth unemployment around 40%. Italy's
GDP is now 8% below its 2007 pre-crisis level.
|
Source
: CIA |
Company
name and address
ZANCANER S.R.L.
Via Monte Rosa, 2/A ROCCAPIETRA
13011 - Varallo (VC) -IT-
Summary
|
Fiscal Code |
: |
01371550029 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
01/01/1983 |
|
Equity |
: |
500.000 |
|
Turnover Range |
: |
3.000.000/3.750.000 |
|
Number of Employees |
: |
from 16 to 25 |
Activity
Manufacture of textile machinery, machinery and systems for auxiliary
treatment of textiles, sewing and weaving machines (including spare parts and
accessories)
Legal
Data
Legal Form : Limited liability company
|
Register of Handcraft firms : 42680 of Vercelli since 13/05/1983 |
|
Fiscal Code : 01371550029 |
|
Foreign Trade Reg. no. : 008772 of Vercelli since 07/02/1992 |
|
Foreign Trade Reg. no. : M892830 of Vercelli |
|
Chamber of Commerce no. : 135322 of Vercelli since 16/02/1983 |
|
Firms' Register : VC158-4449 of Vercelli since 19/02/1996 |
|
V.A.T. Code : 01371550029 |
|
Tribunal Co. Register : 4449 of since 19/01/1983 |
|
Foundation date |
: 30/12/1982 |
|
|
Establishment date |
: 30/12/1982 |
|
|
Start of Activities |
: 01/01/1983 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 40.000 |
|
|
Subscribed Capital |
: 40.000 |
|
|
Paid up Capital |
: 40.000 |
Members
|
|
Sbs S.r.l. |
|
|
Residence: |
Circonvallazione |
, S.N.C. |
- 28010 |
Miasino |
(NO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Zancaner |
Giorgio |
|
|
Born in Borgosesia |
(VC) |
on 17/02/1953 |
- Fiscal Code : ZNCGRG53B17B041X |
|
|
Residence: |
San Rocco |
, 4 |
- 13011 |
Borgosesia |
(VC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
29/12/2005 |
5.100 - |
12,75 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Scoccini |
Michele |
|
|
Born in Borgosesia |
(VC) |
on 11/06/1966 |
- Fiscal Code : SCCMHL66H11B041A |
|
|
Residence: |
Don Minzoni |
, 12/H |
- 13017 |
Quarona |
(VC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/12/2005 |
5.100 - |
12,75 |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Storti |
Giovanni |
|
|
Born in Omegna |
(NO) |
on 13/06/1968 |
- Fiscal Code : STRGNN68H13G062O |
|
|
Residence: |
Pool |
, 10 |
- 28011 |
Armeno |
(NO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
07/07/2010 |
Companies
connected to members *
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have
holded positions.
|
|
Zancaner |
Giorgio |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
G.TECH GALVANIC EQUIPMENTS S.R.L. |
- - |
02020320020 |
Board Chairman |
Withdrawn |
Registered |
|
ZANCANER ENGINEERING DI SCOCCINI MICHELEeamp; C. - S.A.S. |
Varallo (VC) - IT - |
01623750021 |
Limited Partner |
Withdrawn |
Registered |
The indication "REGISTERED" as Firm Status could refer to Firms
in Liquidation, Active, Inactive, etc.
For more information, in this case, we advise to request further
investigations.
Capital
Shareholders
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Sbs S.r.l. |
Miasino - IT - |
01482000039 |
20.000 .Eur |
50,00 |
|
Zancaner Giorgio |
Borgosesia - IT - |
ZNCGRG53B17B041X |
10.000 .Eur |
25,00 |
|
Scoccini Michele |
Quarona - IT - |
SCCMHL66H11B041A |
10.000 .Eur |
25,00 |
Direct
Participations
The Company under review has no participations in other Companies.
Firm's
location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
since 30/12/1982 |
|
Monte Rosa |
, 2/A |
- 13019 |
- Varallo |
(VC) |
- IT - |
|
PHONE |
: 016351420 |
|
FAX |
: 016351221 |
|
- |
Branch |
(Workshop) |
since 01/10/2011 |
|
Valsesia |
, S.N. |
- 13017 |
- Quarona |
(VC) |
- IT - |
|
Employees |
: 19 |
|
Assistants |
: 3 |
|
Active partners |
: 3 |
|
Fittings and Equipment for a value of 320.000 |
Eur |
|
Stocks for a value of 1.270.000 |
Eur |
|
Vehicles: 2. |
The company sells in Italy and abroad.
The firm operates abroad as exporter..
Export trade is the 60 % of the global turnover.
Products abroad are placed by :
|
- its own agents |
Financial means used for sale: bank transfers and bank orders.
Main used payment modalities are by cash orders and bank transfers.
Export is mainly towards:
|
- Europa |
Traded
Brands / Suppliers
|
- CALF S.p.A. |
|
- DEMO TECHNOLOGY srl |
Historical
Information and/or Firm's Status
EX-MEMBERS / EX-POSITIONS:
|
|
Zancaner |
Giorgio |
|
|
Born in Borgosesia |
(VC) |
on 17/02/1953 |
- Fiscal Code : ZNCGRG53B17B041X |
|
|
Residence: |
San Rocco |
, 4 |
- 13011 |
Borgosesia |
(VC) |
- IT - |
|
Ex-Postions |
|
Partner |
|
Partner |
|
|
Zancaner Anna Maria |
|
|
Born in BORGOSESIA |
(VC) |
on 26/10/1942 |
- Fiscal Code : ZNCNMR42R66B041F |
|
|
Residence: |
SAN ROCCO |
, 6 |
- 13011 |
Borgosesia |
(VC) |
- IT - |
|
Ex-Postions |
|
Partner |
|
Partner |
|
|
Scoccini |
Michele |
|
|
Born in Borgosesia |
(VC) |
on 11/06/1966 |
- Fiscal Code : SCCMHL66H11B041A |
|
|
Residence: |
Don Minzoni |
, 12/H |
- 13017 |
Quarona |
(VC) |
- IT - |
|
Ex-Postions |
|
Partner |
|
Partner |
Protests
Protests checking on the subject firm has given a negative result.
Data
Base Prejudicial Events Search
Search performed on a National Scale
|
|
Prejudicial Events Search Result: |
Legal Mortgage on 06/11/2009. for an amount of 109.808 Euro.
|
EQUITALIA SESTRI SPA |
Search performed on a specialized data base.
Legal
Procedures
None reported, standing to the latest received edition of the Official
Publications.
Bankers
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
SANPAOLO-IMI S.P.A. |
BORGOSESIA |
VIALE CARLO FASSO ,2 |
13011 |
Borgosesia |
1025 |
44310 |
|
UNICREDIT BANCA SPA |
BORGOSESIA |
VIALE DUCA D AOSTA 2 |
13011 |
Borgosesia |
2008 |
44310 |
Financial
and Economical Analysis
Subject is active since 1983
Balance sheets for the years 2010, 2011 and 2012 were analyzed.
Under the financial profile unstable results are noted. yet with a
positive result in the 2012 (r.o.e. 13,43%). In the last financial year an
increase in the turnover has been registered (+57,41%).
The return on Investment in the last financial year was positive (5,98%)
and in line with the sector's average.
The amount of the operating result is equal to Eur. 203.772 showing an
upward trend more then 100% compared to the previous financial year.
A gross operating margine for a value of Eur. 320.148 was reached.
growing by 31,88% if compared to the year before.
The analysis shows a fair financial position as the indebtedness volume
is acceptable (3,64) and decreasing as against 2011.
The equity capital is equal to Eur. 497.471 , unchanged if compared to
2011.
Total debts recorded amounted to Eur. 2.668.405 (Eur. 844.919 of which
were m/l term debts) , a more or less stable value.
Liquidity is good.
During financial year 2012 the cash flow amounted to Eur. 183.184
In the last financial year labour cost was of Eur. 826.667, with a 22,4%
incidence on total costs of production. and a 22,08% incidence on sales
volumes.
Financial charges have a high incidence (-1,99%) on turnover figures.
Financial
Data
|
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
3.744.517 |
|
Profit (Loss) for the period |
66.808 |
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
2.378.773 |
|
Profit (Loss) for the period |
18.514 |
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
1.585.116 |
|
Profit (Loss) for the period |
-127.046 |
Balance Sheets
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- 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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
MEMORANDUM ACCOUNTS |
|
Third party goods |
|||
|
Investment accounts |
-1.309.809 |
||
|
Risk accounts |
1.309.809 |
||
|
Civil and fiscal norms relation |
|||
|
PROFIT AND LOSS ACCOUNTS |
|
VALUE OF PRODUCTION |
|||
|
. Revenues from sales and services |
3.744.514 |
2.378.772 |
1.585.116 |
|
. Changes in work in progress |
127.750 |
400.550 |
93.430 |
|
. Changes in semi-manufact. products |
|||
|
. Capitalization of internal work |
17.000 |
||
|
. Other income and revenues |
22.042 |
11.723 |
11.256 |
|
. . Contributions for operating expenses |
|||
|
. . Different income and revenues |
22.042 |
11.723 |
11.256 |
|
Total value of production |
3.894.306 |
2.808.045 |
1.689.802 |
|
PRODUCTION COSTS |
|||
|
. Raw material,other materials and consum. |
1.805.016 |
1.297.088 |
729.792 |
|
. Services received |
891.232 |
552.170 |
333.876 |
|
. Leases and rentals |
23.752 |
6.882 |
1.872 |
|
. Payroll and related costs |
826.667 |
665.484 |
506.843 |
|
. . Wages and salaries |
568.603 |
437.312 |
347.428 |
|
. . Social security contributions |
217.719 |
194.364 |
131.859 |
|
. . Employee termination indemnities |
40.345 |
33.808 |
27.556 |
|
. . Pension and similar |
|||
|
. . Other costs |
|||
|
. Amortization and depreciation |
116.376 |
149.605 |
120.507 |
|
. . Amortization of intangible fixed assets |
58.588 |
87.808 |
94.298 |
|
. . Amortization of tangible fixed assets |
53.182 |
55.558 |
26.209 |
|
. . Depreciation of tangible fixed assets |
|||
|
. . Writedown of current receiv.and of liquid |
4.606 |
6.239 |
|
|
. Changes in raw materials |
260 |
27.860 |
29.950 |
|
. Provisions to risk reserves |
|||
|
. Other provisions |
|||
|
. Other operating costs |
27.231 |
15.819 |
28.285 |
|
Total production costs |
3.690.534 |
2.714.908 |
1.751.125 |
|
Diff. between value and cost of product. |
203.772 |
93.137 |
-61.323 |
|
FINANCIAL INCOME AND EXPENSE |
|||
|
. Income from equity investments |
|||
|
. . In subsidiary companies |
|||
|
. . In associated companies |
|||
|
. . In other companies |
|||
|
. Other financial income |
57 |
163 |
190 |
|
. . Financ.income from receivables |
|||
|
. . . Towards subsidiary companies |
|||
|
. . . Towards associated companies |
|||
|
. . . Towards holding companies |
|||
|
. . . Towards other companies |
|||
|
. . Financ.income from secur. t.f.assets |
|||
|
. . Financ.income from secur. cur.assets |
|||
|
. . Financ.income other than the above |
57 |
163 |
|
|
. . . - Subsidiary companies |
|||
|
. . . - Associated companies |
|||
|
. . . - Holding companies |
|||
|
. . . - Other companies |
57 |
163 |
|
|
. Interest and other financial expense |
-74.671 |
-70.588 |
-82.699 |
|
. . Towards subsidiary companies |
|||
|
. . Towards associated companies |
|||
|
. . Towards holding companies |
|||
|
. . Towards other companies |
74.671 |
70.588 |
|
|
Total financial income and expense |
-74.614 |
-70.425 |
-82.509 |
|
ADJUSTMENTS TO FINANCIAL ASSETS |
|||
|
. Revaluations |
|||
|
. . Of equity investments |
|||
|
. . Of financ.fixed assets not repres.E.I. |
|||
|
. . Of securities incl.among current assets |
|||
|
. Devaluation |
|||
|
. . Of equity investments |
|||
|
. . Of financial fixed assets (no equity inv) |
|||
|
. . Of securities included among current ass |
|||
|
Total adjustments to financial assets |
|||
|
EXTRAORDINARY INCOME AND EXPENSE |
|||
|
. Extraordinary income |
8.801 |
432 |
|
|
. . Gains on disposals |
|||
|
. . Other extraordinary income |
8.801 |
432 |
|
|
. Extraordinary expense |
-3.805 |
-3.553 |
|
|
. . Losses on disposals |
|||
|
. . Taxes relating to prior years |
|||
|
. . Other extraordinary expense |
-3.805 |
-3.553 |
|
|
Total extraordinary income and expense |
4.996 |
-3.121 |
|
|
Results before income taxes |
129.158 |
27.708 |
-146.953 |
|
. Taxes on current income |
62.350 |
9.194 |
-19.907 |
|
. . current taxes |
35.992 |
28.655 |
14.558 |
|
. . differed taxes(anticip.) |
26.358 |
-19.461 |
-34.465 |
|
. Net income for the period |
66.808 |
18.514 |
-127.046 |
|
. Adjustments in tax regulations pursuance |
|||
|
. Provisions in tax regulations pursuance |
|||
|
. Profit (loss) of the year |
66.808 |
18.514 |
-127.046 |
|
RATIOS |
Value Type |
as
at 31/12/2012 |
as
at 31/12/2011 |
as
at 31/12/2010 |
Sector
Average |
|
COMPOSITION ON INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,30 |
0,31 |
0,39 |
0,18 |
|
Elasticity Ratio |
Units |
0,70 |
0,69 |
0,61 |
0,80 |
|
Availability of stock |
Units |
0,37 |
0,31 |
0,25 |
0,24 |
|
Total Liquidity Ratio |
Units |
0,33 |
0,37 |
0,37 |
0,48 |
|
Quick Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,03 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
3,64 |
4,62 |
4,04 |
3,25 |
|
Self Financing Ratio |
Units |
0,15 |
0,12 |
0,13 |
0,19 |
|
Capital protection Ratio |
Units |
0,79 |
0,86 |
1,21 |
0,63 |
|
Liabilities consolidation quotient |
Units |
0,59 |
0,61 |
0,62 |
0,19 |
|
Financing |
Units |
5,36 |
6,96 |
6,14 |
3,80 |
|
Permanent Indebtedness Ratio |
Units |
0,46 |
0,45 |
0,46 |
0,36 |
|
M/L term Debts Ratio |
Units |
0,32 |
0,33 |
0,33 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
n.c. |
n.c. |
3,79 |
0,63 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,55 |
1,46 |
1,20 |
1,75 |
|
Current ratio |
Units |
1,31 |
1,26 |
1,15 |
1,21 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,61 |
0,68 |
0,68 |
0,81 |
|
Structure's primary quotient |
Units |
0,49 |
0,38 |
0,34 |
1,03 |
|
Treasury's primary quotient |
Units |
0,01 |
0,00 |
0,00 |
0,06 |
|
Rate of indebtedness ( Leverage ) |
% |
685,05 |
845,13 |
756,86 |
516,42 |
|
Current Capital ( net ) |
Value |
561.444 |
514.988 |
244.248 |
422.465 |
|
RETURN |
|||||
|
Return on Sales |
% |
4,89 |
7,07 |
-0,41 |
3,35 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
13,43 |
4,30 |
-30,83 |
5,13 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
25,96 |
6,43 |
-35,66 |
14,77 |
|
Return on Investment ( R.O.I. ) |
% |
5,98 |
2,56 |
-1,97 |
4,16 |
|
Return/ Sales |
% |
5,44 |
3,92 |
-3,87 |
4,11 |
|
Extra Management revenues/charges incid. |
% |
32,79 |
19,88 |
n.c. |
28,57 |
|
Cash Flow |
Value |
183.184 |
168.119 |
-6.539 |
122.482 |
|
Operating Profit |
Value |
203.772 |
93.137 |
-61.323 |
144.752 |
|
Gross Operating Margin |
Value |
320.148 |
242.742 |
59.184 |
241.990 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
n.c. |
n.c. |
233,23 |
111,85 |
|
Debts to suppliers average term |
Days |
n.c. |
n.c. |
187,77 |
128,30 |
|
Average stock waiting period |
Days |
122,39 |
173,36 |
175,51 |
80,43 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,10 |
0,65 |
0,51 |
1,08 |
|
Rate of stock return |
Units |
2,94 |
2,08 |
2,05 |
4,45 |
|
Labour cost incidence |
% |
22,08 |
27,98 |
31,98 |
19,12 |
|
Net financial revenues/ charges incidence |
% |
-1,99 |
-2,96 |
-5,21 |
-1,08 |
|
Labour cost on purchasing expenses |
% |
22,40 |
24,51 |
28,94 |
19,02 |
|
Short-term financing charges |
% |
2,80 |
2,36 |
3,27 |
2,68 |
|
Capital on hand |
% |
91,01 |
153,01 |
196,79 |
91,91 |
|
Sales pro employee |
Value |
149.780 |
118.938 |
105.674 |
198.432 |
|
Labour cost pro employee |
Value |
33.066 |
33.274 |
33.789 |
35.779 |
Remarks
1) Protests checking (relative to the last five years) performed by
crossing and matching the members names and the Firm's Style with the reported
addresses, is supplied by the Informatic Registry managed by the Italian
Chamber of Commerce. If the fiscal code is not indicated, the eventual
homonymous cases are submitted to expert staff evaluation in order to limit
wrong matching risks.
2) The Legal Data, supplied and retrived from the Firm's Registry of the
Italian Chamber of Commerce, are in line with the last registered
modifications.
3) Risk evaluation and Credit Opinion have been performed on the base of
the actual data at the moment of their availability.
Market
/ Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
|
|
- per non food products |
: |
|
|
- per energy consume |
: |
|
Sector
Data
The values are calculated on a base of 1.206 significant companies.
The companies cash their credits on an average of 112 dd.
The average duration of suppliers debts is about 128 dd.
The sector's profitability is on an average of 3,35%.
The labour cost affects the turnover in the measure of 19,12%.
Goods are held in stock in a range of 80 dd.
The difference between the sales volume and the resources used to
realize it is about 1,08.
The employees costs represent the 19,02% of the production costs.
Statistical
Detrimental Data
Statistcally the trade activity shows periods of crisis.
The area is statistically considered lowly risky.
In the region 27.019 protested subjects are found; in the province they
count to 847.
The insolvency index for the region is 0,63, , while for the province it
is 0,48.
Total Bankrupt companies in the province : 573.
Total Bankrupt companies in the region : 14.165.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.27 |
|
|
1 |
Rs.101.10 |
|
Euro |
1 |
Rs.83.74 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.