|
Report Date : |
17.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
VELINVESTMENT D.O.O. |
|
|
|
|
Registered Office : |
Vilharjeva cesta 27, 1000 Ljubljana |
|
|
|
|
Country : |
Slovenia |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
18.09.2007 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Construction of residential and
non-residential buildings headquarters. |
|
|
|
|
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 |
|
Maximum Credit Limit : |
0 EUR |
|
Status : |
Moderate |
|
Payment Behaviour : |
Delayed |
|
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 |
Velinvestment d.o.o.
Vilharjeva cesta 27 1000 Ljubljana Slovenia
Phone no 01
437 01 08
Telefax 01
437 01 09
Crefo Nr. 9270054366
Statistical Nr 2333970
Tax nr S126557576
Registration Ljubljana
Registration 14785500
Status active
|
Business connection |
Business connection are not denied |
|
|
Terms of payment |
Considerable delays exceeding 3 months |
|
|
Credit Limit |
0 |
EUR |
Legal form
d.o.o. - Limited liability company (Ltd.
Founded
18/09/2007 as d.o.o. - Limited liability
company (Ltd.
last entry
on 29.02.2012
on 28.11.2011
change of registered address from Rudnik I 1A, \ Ljubljana to Vilharjeva cesta
27, Ljubljana
18/09/2007, Ljubljana, 14785500 Statistical
Nr.: 2333970 Tax Nr.: SI26557576
|
Crefo Nr. |
Name / Address / Status |
From |
Share |
|
Owner |
|||
|
9270159112 |
SAGAX INVESTMENT GROUP LTD. SUITE 102, BLAKE BUILDING, CORNER
EYRE&HUTSON STRE, 78583 Belize belize |
|
7.500 EUR |
|
Total capital |
7.500 EUR |
||
|
Currency |
Value |
|
EUR |
7.500 |
|
Crefo Nr. |
Name / Address / Status |
Since |
Power of attorney |
|
Manager |
|||
|
9270159113 |
confidential clerk Mihael Karner Locnikarjeva ulica 7, 1000 Ljubljana
Slovenia |
|
|
|
9270146329 |
director Uros Slivnik Savska cesta 14, 1000 Ljubljana Slovenia |
|
|
|
Valid from |
Residence address |
Valid until |
|
|
Vilharjeva cesta 27, 1000 Ljubljana,
Slovenia Phone: 01 437 01 08 Telefax: 01 437 01 09 E-Mail: MIHAELkARNER@SIS.SI |
|
|
Main activity |
Nace |
|
Construction of residential and
non-residential buildings |
41.20 |
|
Additional activities |
Nace |
company
activity:
construction
of residential and non-residential buildings headquarters are located on the
address above
Turnover and Employees
|
Date |
Turnover |
Employees |
|
2009 |
9 EUR |
0 |
|
2010 |
3 EUR |
0 |
|
2011 |
242 EUR |
1 |
|
2012 |
0 EUR |
1 |
Remarks
company name:
VELINVESTMENT investicijsko gradbeno podjetje
d.o.o. linked company is Merideis d.o.o. (company nu.1820958) negative capital
Hypo: account block since 21.02.2012 - on
|
Code |
Bank name / Address |
Account Nr. |
|
120 |
HYPO ALPE-ADRIA-BANK d.d. Dunajska cesta 117, 1000 Ljubljana , 1000, |
SI56 3300 0000 2359 031 |
Payment experience and credit opinion
|
Terms of payment |
Considerable delays exceeding 3 months |
|
|
Business connection |
Business connection are not denied |
|
|
Credit Limit |
0 |
EUR |
Events
No negative events registered.
|
Balance |
||||||||
|
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) |
|
5.789.556 |
5.527.404 |
5.385.582 |
4.894.330 |
|
LONG-TERM ASSETS |
|
5.636.381 |
5.373.986 |
5.113.277 |
4.880.424 |
|
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 |
|
0 |
0 |
0 |
0 |
|
Long-term financial investments and Real estate
investments |
|
5.636.381 |
5.373.986 |
5.113.277 |
4.880.424 |
|
Investment property |
|
5.636.381 |
5.373.986 |
5.113.277 |
4.880.424 |
|
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 |
|
153.175 |
153.418 |
272.305 |
13.906 |
|
Assets (group for estrange) for sell |
|
0 |
0 |
0 |
0 |
|
Inventories |
|
0 |
0 |
0 |
0 |
|
Short-term financial investments |
|
124.986 |
124.986 |
249.989 |
29 |
|
Short-term operating receivables |
|
28.188 |
28.222 |
21.080 |
12.528 |
|
Cash assets |
|
1 |
210 |
1.236 |
1.349 |
|
Short-term deferred costs and accrued revenues |
|
0 |
0 |
0 |
0 |
|
|
|
31/12/2012 1 EUR balance |
31/12/2011 1 EUR balance |
31/12/2010 1 EUR balance |
31/12/2009 1 EUR balance |
|
Name |
Ref. |
||||
|
Off-balance sheet items |
|
0 |
0 |
0 |
0 |
|
LIABILITIES |
|
5.789.556 |
5.527.404 |
5.385.582 |
4.894.330 |
|
CAPITAL |
|
-19.226 |
-6.918 |
1.916 |
2.721 |
|
Called-up capital |
|
7.500 |
7.500 |
7.500 |
7.500 |
|
Basic (subscribed) capital |
|
7.500 |
7.500 |
7.500 |
7.500 |
|
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 |
|
-14.418 |
-5.584 |
-4.779 |
-3.834 |
|
Net business result for the business year |
|
-12.308 |
-8.834 |
-805 |
-945 |
|
PROVISIONS AND LONG-TERM ACCRUED COSTS AND DEFERRED
REVENUES |
|
0 |
0 |
0 |
0 |
|
FINANCIAL AND BUSINESS LIABILITIES |
|
5.808.782 |
5.534.322 |
5.383.666 |
4.891.609 |
|
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 |
|
5.808.782 |
5.534.322 |
5.383.666 |
4.891.609 |
|
Liabilities, included in groups for
estrange |
|
0 |
0 |
0 |
0 |
|
Short-term financial liabilities |
|
5.775.963 |
5.513.568 |
5.379.373 |
4.891.544 |
|
Short-term operating liabilities |
|
32.819 |
20.754 |
4.293 |
65 |
|
SHORT-TERM ACCRUED COSTS AND DEFERRED
REVENUES |
|
0 |
0 |
0 |
0 |
|
Off-balance sheet items |
|
0 |
0 |
0 |
0 |
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
|
Name |
Ref. |
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 |
|
Net sales |
|
0 |
0 |
0 |
0 |
|
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 |
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.
|
Name |
Ref. |
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 |
|
GROSS OPERATING YIELD |
|
0 |
0 |
0 |
0 |
|
Cost of goods, material and services |
|
541 |
1.446 |
441 |
584 |
|
Purchase value of goods and materials sold
and cost of material and cost of material used |
|
0 |
0 |
0 |
0 |
|
Cost of services |
|
541 |
1.446 |
441 |
584 |
|
Labour cost |
|
11.345 |
7.209 |
0 |
0 |
|
Cost of wages |
|
8.728 |
5.535 |
0 |
0 |
|
Cost of pension insurance |
|
772 |
490 |
0 |
0 |
|
Cost of other social insurance |
|
633 |
401 |
0 |
0 |
|
Other labour cost |
|
1.212 |
783 |
0 |
0 |
|
Write-offs |
|
0 |
0 |
0 |
0 |
|
Depreciation |
|
0 |
0 |
0 |
0 |
|
Revaluation operating expenses for
non-tangible assets and tangible fixed assets |
|
0 |
0 |
0 |
0 |
|
Revaluation operating expenses for current
assets |
|
0 |
0 |
0 |
0 |
|
Other operating expenses |
|
416 |
421 |
367 |
370 |
|
OPERATING REVENUES |
|
0 |
0 |
0 |
0 |
|
OPERATING EXPENSES |
|
12.302 |
9.076 |
808 |
954 |
|
OPERATING RESULT |
|
-12.302 |
-9.076 |
-808 |
-954 |
|
EBIT |
|
-12.302 |
-9.076 |
-808 |
-954 |
|
Financial income from investments in other
enterprises |
|
0 |
0 |
0 |
0 |
|
Financial income from loans |
|
0 |
242 |
0 |
0 |
|
Financial income from operating receivables |
|
0 |
0 |
3 |
9 |
|
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 |
|
6 |
0 |
0 |
0 |
|
Financial income |
|
0 |
242 |
3 |
9 |
|
Financial expenses |
|
6 |
0 |
0 |
0 |
|
Other revenues |
|
0 |
0 |
0 |
0 |
|
Other expenses |
|
0 |
0 |
0 |
0 |
|
Total revenues |
|
0 |
242 |
3 |
9 |
|
Total costs |
|
12.308 |
9.076 |
808 |
954 |
|
Total business result |
|
-12.308 |
-8.834 |
-805 |
-945 |
|
Tax on profit |
|
0 |
0 |
0 |
0 |
|
Deferred taxs |
|
0 |
0 |
0 |
0 |
|
Net business result for the accounting
period |
|
-12.308 |
-8.834 |
-805 |
-945 |
|
Financial Ratios |
|
|
|
|
|
|
|
|||||
|
Name |
Ref. |
31/12/2012 |
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
Equity ratio |
1 |
0,00 |
0,00 |
0,00 |
0,00 |
|
Name |
Ref. |
31/12/2012 |
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
Cleared equity ratio |
2 |
0,00 |
0,00 |
0,00 |
0,00 |
|
Current liquidity |
3 |
0,03 |
0,03 |
0,05 |
0,00 |
|
Quick liquidity |
4 |
0,03 |
0,03 |
0,05 |
0,00 |
|
Working capital |
5 |
-5655607,00 |
-5380904,00 |
-5111361,00 |
-4877703,00 |
|
Gearing |
6 |
771,94 |
736,99 |
718,08 |
652,58 |
|
Cleared gearing |
7 |
770,13 |
735,14 |
717,25 |
652,21 |
|
Profitability |
8 |
|
-3650,41 |
-26833,33 |
-10500,00 |
|
Operating profitability |
9 |
|
-3650,41 |
-26833,33 |
-10500,00 |
|
Stock days |
10 |
|
0,00 |
0,00 |
0,00 |
|
Debtor days |
11 |
|
42566,24 |
2564733,33 |
508080,00 |
|
Supplier days |
12 |
|
31302,52 |
522315,00 |
2636,11 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.22 |
|
|
1 |
Rs.100.78 |
|
Euro |
1 |
Rs.83.29 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
PDT |
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.