MIRA INFORM REPORT

 

 

Report Date :

17.04.2014

 

IDENTIFICATION DETAILS

 

Name :

IMPELLO D.O.O.

 

 

Registered Office :

Pod borovci 40, 1217 Vodice    

 

 

Country :

Slovenia

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

10.06.2005

 

 

Com. Reg. No.:

14213400

 

 

Legal Form :

Limited liability company

 

 

Line of Business :

Information technology consultancy activities

 

 

No. of Employees :

1

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

Payment Behaviour :

Slow

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 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Slovenia

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

 

SLOVENIA - ECONOMIC OVERVIEW

 

With excellent infrastructure, a well-educated work force, and a strategic location between the Balkans and Western Europe, Slovenia has one of the highest per capita GDPs in Central Europe. Slovenia became the first 2004 European Union entrant to adopt the euro (on 1 January 2007) and has experienced one of the most stable political transitions in Central and Southeastern Europe. In March 2004, Slovenia became the first transition country to graduate from borrower status to donor partner at the World Bank. In 2007, Slovenia was invited to begin the process for joining the OECD; it became a member in 2012. However, long-delayed privatizations, particularly within Slovenia’s largely state-owned and increasingly indebted banking sector, have fueled investor concerns since 2012 that the country would need EU-IMF financial assistance. In 2013, the European Commission granted Slovenia permission to begin recapitalizing ailing lenders and transferring their nonperforming assets into a “bad bank” established to restore bank balance sheets. Yield-seeking bond investors’ strong demand for Slovenian debt helped the government in 2013 to continue to finance itself independently on international markets. The government has embarked on a program of state asset sales intended to bolster investor confidence in the economy, which in 2014 is poised to contract 1%, its third-year of recession.

 

Source : CIA

 


NOTE

 

No credit limit could be recommended.

 

 

Company identification

 

IMPELLO D.O.O.                                   Phone 041 664 398

Pod borovci 40                                     Telefax 01 437 90 70

1217 Vodice                                          E-Mail info@impello.si

Slovenia                                               Web www.impello.si

 

 

Crefo Nr. 9270093662                            Registration: Ljubljana

Statistical Nr. 2118530                           Registration Nr. 14213400

Tax Nr. SI28155343                                Status active

 

 

Economic situation

 

Business connection                 Business connection are not denied

Terms of payment                     Partly within agrees credit terms, partly within delays

Credit Limit                               0

 

Basic information

 

Legal form

d.o.o. - Limited liability company (Ltd.)

 

Founded

10/06/2005 as d.o.o. - Limited liability company (Ltd.)

 

last entry on 07.04.2012

on 08.07.2008 change of registered address from Pokopali_ska ulica 49, \

Ljubljana to Pod borovci 40, Vodice

 

Registration

10/06/2005, Ljubljana, 14213400

Statistical Nr.: 2118530

Tax Nr.: SI28155343

 

Owners and Capital

 

Crefo Nr.

Name / Address / Status

From

Share

Owner

9270144201

Goran Hribar

Pod borovci 40, 1217 Vodice Slovenia

 

8.763 EUR

Total capital

8.763 EUR

 

Registered capital

 

Currency

Value

EUR

8.763

 

Management

 

Crefo Nr.

Name / Address / Status

Since

Power of attorney

Manager

9270144201

director

Goran Hribar

Pod borovci 40, 1217 Vodice Slovenia

 

 

9270159111

confidential clerk

Ksenija Mehle Hribar

Pod borovci 40, 1217 Vodice Slovenia

 

 

 

Company addresses

 

Valid from                    Residence address                                                       Valid until

Pod borovci 40, 1217 Vodice, Slovenia

Phone: 041 664 398

Phone: 01 437 90 75

Telefax: 01 437 90 70

E-Mail: info@impello.si

Web: www.impello.si

 

 

Business activities

 

Main activity                

Information technology consultancy activities

 

Additional activities

 

company activity:

information technology consultancy activities

headquarters are located on the address above

 

 

Economic data

 

Turnover and Employees

 

Date

Turnover

Employees

2009

74.740 EUR

3

2010

63.896 EUR

3

2011

29.239 EUR

1

2012

28.889 EUR

1

 

Supplementary data

 

Remarks

company name:

IMPELLO, svetovanje o raˇcunalniˇskih napravah, d.o.o.

linked company is Ksenija Mehle Hribar s.p. (company nu.6377599)

NLB: account block since 04.04.2014 - on,

28.2.2014-2.4.2014, 31.1.2014-5.2.2014,25.11.2013-5.12.2013

18.10.2013-25.10.2013, 9.9.2013-2.10.2013,11.6.2013-19.6.2013,

14.5.2013-30.5.2013

 

Banks

 

Code

Bank name / Address

Account Nr.

100

NOVA LJUBLJANSKA BANKA d.d., LJUBLJANA

Trg republike 2, 1520 Ljubljana , 1250,

SI56 0201 0025 5086

589

 

 

Main indices

 

Payment experience and credit opinion

 

Terms of payment

Partly within agrees credit terms, partly within delays

Business connection

Business connection are not denied

Credit Limit

0

 

Events

No negative events registered.

 

 

Balances

 

31.12.2012 The enclosed balance of 2012 is originated from official source, it is not authenticated by the auditor.

31.12.2011 The enclosed balance of 2011 is originated from official source, it is not authenticated by the auditor.

31.12.2010 The enclosed balance of 2010 is originated from official source, it is not authenticated by the auditor.

31.12.2009 The enclosed balance of 2009 is originated from official source, it is not authenticated by the auditor.

 

Name

Ref.

31/12/2012

1

EUR

balance

31/12/2011

1

EUR balance

31/12/2010

1

EUR balance

31/12/2009

1

EUR balance

ASSETS (AKTIVA)

 

15.053

9.092

22.080

13.002

LONG-TERM ASSETS

 

2.182

828

2.122

1.232

Intangible assets and long-term deferred costs and accrued revenues

 

0

0

0

0

Intangible assets

 

0

0

0

0

Long-term deferred costs and accrued revenues

 

0

0

0

0

Tangible fixed assets

 

2.182

828

2.122

1.232

Long-term financial investments and Real estate investments

 

0

0

0

0

Investment property

 

0

0

0

0

Long-term financial investments

 

0

0

0

0

Long-term operating receivables

 

0

0

0

0

Deferred receivables for taxes

 

0

0

0

0

SHORT-TERM ASSETS

 

12.871

8.264

19.958

11.770

Assets (group for estrange) for sell

 

0

0

0

0

Inventories

 

0

0

0

0

Short-term financial investments

 

0

0

0

0

Short-term operating receivables

 

11.596

6.469

13.573

11.709

Cash assets

 

1.275

1.795

6.385

61

Short-term deferred costs and accrued revenues

 

0

0

0

0

Off-balance sheet items

 

0

0

0

0

LIABILITIES

 

15.053

9.092

22.080

13.002

CAPITAL

 

450

850

6.412

1.267

Called-up capital

 

8.763

8.763

8.763

8.763

Basic (subscribed) capital

 

8.763

8.763

8.763

8.763

Non called-up capital (deductive item)

 

0

0

0

0

Capital reserves

 

0

0

0

0

Reserves from profit

 

0

0

0

0

Surplus from revaluation

 

0

0

0

0

Retained net

 

-7.914

-2.351

-2.351

-7.496

Net business result for the business year

 

-399

-5.562

0

0

PROVISIONS AND LONG-TERM ACCRUED

 

0

0

0

0

COSTS AND DEFERRED REVENUES

 

 

 

 

 

FINANCIAL AND BUSINESS LIABILITIES

 

14.603

8.208

15.668

11.735

LONG-TERM LIABILITIES

 

0

0

0

0

Long-term financial liabilities

 

0

0

0

0

Long-term operating liabilities

 

0

0

0

0

Deferred liabilities for taxes

 

0

0

0

0

SHORT-TERM LIABILITIES

 

14.603

8.208

15.668

11.735

Liabilities, included in groups for estrange

 

0

0

0

0

Short-term financial liabilities

 

2.000

0

0

0

Short-term operating liabilities

 

12.603

8.208

15.668

11.735

SHORT-TERM ACCRUED COSTS AND DE-

 

0

34

0

0

FERRED REVENUES

 

 

 

 

 

Off-balance sheet items

 

0

0

0

0

 

 


Profit and loss accounts

 

31.12.2012 The enclosed profit and loss account of 2012 is originated from official source, it is not authenticated by the auditor.

31.12.2011 The enclosed profit and loss account of 2011 is originated from official source, it is not authenticated by the auditor.

31.12.2010 The enclosed profit and loss account of 2010 is originated from official source, it is not authenticated by the auditor.

31.12.2009 The enclosed profit and loss account of 2009 is originated from official source, it is not authenticated by the auditor.

 

 

 

31/12/2012

1

EUR

profit and loss account

31/12/2011

1

EUR

profit and loss account

31/12/2010

1

EUR

profit and loss account

31/12/2009

1

EUR

profit and loss account

Name

Ref.

 

 

 

 

Net sales

 

28.888

29.238

57.965

71.607

Changes in the value of inventories of prod­ucts and work-in-process

 

0

0

0

0

Capitalised own products and own services

 

0

0

0

0

Other operating revenues (with subventions, grants,... )

 

0

0

0

0

GROSS OPERATING YIELD

 

28.888

29.238

57.965

71.607

Cost of goods, material and services

 

5.704

7.344

11.570

12.861

Purchase value of goods and materials sold and cost of material and cost of material used

 

181

457

6.354

574

Cost of services

 

5.523

6.887

5.216

12.287

Labour cost

 

22.539

25.331

45.263

44.893

Cost of wages

 

18.285

21.818

37.087

36.895

Cost of pension insurance

 

1.618

1.931

3.282

3.265

Cost of other social insurance

 

1.326

1.582

2.689

2.675

Other labour cost

 

1.310

0

2.205

2.058

Write-offs

 

770

2.019

918

1.153

Depreciation

 

770

1.295

918

1.153

Revaluation operating expenses for non-tangible assets and tangible fixed assets

 

0

0

0

0

Revaluation operating expenses for current assets

 

0

724

0

0

Other operating expenses

 

0

0

0

0

OPERATING REVENUES

 

28.888

29.238

57.965

71.607

OPERATING EXPENSES

 

29.013

34.694

57.751

58.907

OPERATING RESULT

 

-125

-5.456

214

12.700

EBIT

 

-125

-5.456

214

12.700

Financial income from investments in other enter­prises

 

0

0

0

0

Financial income from loans

 

0

0

0

0

Financial income from operating receivables

 

1

1

3

3

Financial expenses from depreciation and write­offs of financial investments

 

0

0

0

0

Financial expenses from financial liabilities

 

0

0

0

0

Financial expenses from operating liabilities

 

1

0

0

0

Financial income

 

1

1

3

3

Financial expenses

 

1

0

0

0

Other revenues

 

0

0

5.928

3.130

Other expenses

 

274

107

112

0

Total revenues

 

28.889

29.239

63.896

74.740

Total costs

 

29.288

34.801

57.863

58.907

Total business result

 

-399

-5.562

6.033

15.833

Tax on profit

 

0

0

887

0

 

Deferred taxs

 

0

0

0

0

Net business result for the accounting period

 

-399

-5.562

5.146

15.833

 

 

Financial Ratios

 

Name

Ref.

31/12/2012

31/12/2011

31/12/2010

31/12/2009

Equity ratio

1

0,58

0,96

0,40

0,67

Cleared equity ratio

2

0,58

0,96

0,40

0,67

Current liquidity

3

0,88

1,01

1,27

1,00

Quick liquidity

4

0,88

1,01

1,27

1,00

Working capital

5

-1732,00

56,00

4290,00

35,00

Gearing

6

1,72

1,04

2,52

1,48

Cleared gearing

7

0,23

0,00

0,00

0,00

Profitability

8

-1,38

-19,02

9,44

21,18

Operating profitability

9

-1,38

-19,02

8,05

21,18

Stock days

10

0,00

0,00

0,00

0,00

Debtor days

11

146,51

80,75

77,53

57,18

Supplier days

12

159,23

102,46

89,50

57,31


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.23

UK Pound

1

Rs.100.79

Euro

1

Rs.83.29

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.