|
Report Date : |
18.04.2014 |
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 |
|
|
|
|
Com. Reg. No.: |
14785500 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Construction of residential and non-residential buildings |
|
|
|
|
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 : |
-- |
|
|
|
|
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 – September 30, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
Slovenia |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate 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 |
Phone |
01 437 01 08 |
|
1000 Ljubljana Slovenia |
Telefax |
01 437 01 09 |
|
E-Mail |
|
Crefo Nr. |
9270054366 |
Registration: |
Ljubljana |
|
Statistical Nr. |
2333970 |
Registration |
14785500 |
|
Tax Nr. |
SI26557576 |
Nr. Status |
active |
Economic
situation
|
|
Business connection Business
connection are not denied |
|
Terms of payment Considerable
delays exceeding 3 months |
|
Credit Limit
0 EUR |
Basic
information
|
|
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 |
Registration
|
|
18/09/2007, Ljubljana, 14785500 |
|
Statistical Nr.: 2333970 |
|
Tax Nr.: SI26557576 |
Owners
and Capital
|
|
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 |
||
|
Date |
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 |
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 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 |
|
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 |
|
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. 60.38 |
|
|
1 |
Rs. 101.63 |
|
Euro |
1 |
Rs. 83.57 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
DPT |
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.