MIRA
INFORM REPORT
|
Report Date : |
08.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
ERREVI – S.P.A. |
|
|
|
|
Registered Office : |
Via curiel, 11 10024 – |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
14.06.1971 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
36 to 50 |
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 : |
Slow but correct |
|
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 – June 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Italy |
A2 |
A2 |
|
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 |
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
|
Errevi
- S.p.a. |
|
Via |
Curiel, |
11 |
|
10024 |
- Moncalieri |
(TO) |
-IT- |
Summary
|
Fiscal Code |
: |
00527430011 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
15/05/1974 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
15.500.000/18.000.000 |
|
Number of Employees |
: |
from 36 to 50 |
Activity
Sale of motor vehicle parts and accessories
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 00527430011 |
|
Foreign Trade Reg. no. :
TO013705 since 17/12/1991 |
|
Chamber of Commerce no. :
446462 of Torino since 05/07/1971 |
|
Firms' Register : TO272-1971-711
of Torino since 19/02/1996 |
|
V.A.T. Code : 00527430011 |
|
Foundation date |
: 14/06/1971 |
|
|
Establishment date |
: 14/06/1971 |
|
|
Start of Activities |
: 15/05/1974 |
|
|
Legal duration |
: 31/12/2040 |
|
|
Nominal Capital |
: 1.820.000 |
|
|
Subscribed Capital |
: 1.820.000 |
|
|
Paid up Capital |
: 1.820.000 |
|
Members
|
|
Cava |
Giovanni |
|
|
|
Born in Torino |
(TO) |
on 16/12/1950 |
- Fiscal Code :
CVAGNN50T16L219R |
|
|
|
Residence: |
|
Peschiera |
, 249 |
- 10141 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
14/05/2014 |
|
|
|
|
Cassardo |
Giuseppe |
|
|
|
Born in Moncalieri |
(TO) |
on 18/03/1941 |
- Fiscal Code :
CSSGPP41C18F335S |
|
|
|
Residence: |
|
Milius |
, 1 |
- 10024 |
Moncalieri |
(TO) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
14/05/2014 |
|
|
|
Board Chairman |
14/05/2014 |
|
|
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Cassardo |
Sergio |
|
|
|
Born in Torino |
(TO) |
on 20/03/1969 |
- Fiscal Code :
CSSSRG69C20L219H |
|
|
|
Residence: |
|
Milius |
, 1 |
- 10024 |
Moncalieri |
(TO) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
14/05/2014 |
|
|
|
Managing Director |
14/05/2014 |
|
|
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Gabola |
Andrea |
|
|
|
Born in Napoli |
(NA) |
on 31/03/1973 |
- Fiscal Code :
GBLNDR73C31F839D |
|
|
|
Residence: |
|
A. Picco |
, 54/6 |
- 10131 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Auditor |
23/05/2013 |
|
|
|
|
Cassardo |
Marco |
|
|
|
Born in Moncalieri |
(TO) |
on 18/06/1965 |
- Fiscal Code : CSSMRC65H18F335M |
|
|
|
Residence: |
|
Milius |
, 1 |
- 10024 |
Moncalieri |
(TO) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
14/05/2014 |
|
|
|
Managing Director |
14/05/2014 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No
Protests registered |
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.
|
|
Cassardo |
Giuseppe |
|
Firm's Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Cantina Gigi Rosso S.r.l. |
Castiglione Falletto (CN) - IT
- |
00656880044 |
Director |
Withdrawn |
Registered |
|
Overcar S.r.l. |
Torino (TO) - IT - |
03689420010 |
Director |
Withdrawn |
Registered |
|
Agricola Miralanga S.R.L. |
Torino (TO) - IT - |
03899860013 |
Sole
Director |
Withdrawn |
Registered |
|
Alamanni 91 S.r.l. In
Liquidazione |
Torino (TO) - IT - |
06053510019 |
Sole
Director |
Withdrawn |
Registered |
|
Alamanni 91 S.r.l. In
Liquidazione |
Torino (TO) - IT - |
06053510019 |
Liquidator |
Withdrawn |
Registered |
|
Edam - S.r.l. |
Torino (TO) - IT - |
02329380014 |
Managing
Director |
Withdrawn |
Registered |
|
Edam - S.r.l. |
Torino (TO) - IT - |
02329380014 |
Director |
Active |
Registered |
|
Edam - S.r.l. |
Torino (TO) - IT - |
02329380014 |
Board
Chairman |
Active |
Registered |
|
Sermarc - Societa' Semplice |
Torino (TO) - IT - |
80171380019 |
Partner |
Active |
Registered |
|
Primula Rossa Societa'
Semplice |
Torino (TO) - IT - |
80112280013 |
Partner |
Active |
Registered |
|
Tenuta Duecorti S.r.l. -
Societa' Agricola (od Anche In Sigla Per L'indicazione |
Parma (PR) - IT - |
03046910042 |
Director |
Withdrawn |
Registered |
|
|
Cassardo |
Sergio |
|
Firm's Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Overcar S.r.l. |
Torino (TO) - IT - |
03689420010 |
Director |
Withdrawn |
Registered |
|
Overcar S.r.l. |
Torino (TO) - IT - |
03689420010 |
Board
Chairman |
Withdrawn |
Registered |
|
Edam - S.r.l. |
Torino (TO) - IT - |
02329380014 |
Managing
Director |
Active |
Registered |
|
Edam - S.r.l. |
Torino (TO) - IT - |
02329380014 |
Director |
Active |
Registered |
|
|
Cassardo |
Marco |
|
Firm's Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Overcar S.r.l. |
Torino (TO) - IT - |
03689420010 |
Managing
Director |
Withdrawn |
Registered |
|
Overcar S.r.l. |
Torino (TO) - IT - |
03689420010 |
Director |
Withdrawn |
Registered |
|
Cibici S.r.l. Societa'
Unipersonale |
Torino (TO) - IT - |
08761770018 |
Sole
Director |
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 |
|
Cava Giovanni |
Torino - IT - |
CVAGNN50T16L219R |
245.978
.Eur |
13,51 |
|
Cassardo Giuseppe |
Moncalieri - IT - |
CSSGPP41C18F335S |
618.041
.Eur |
33,95 |
|
Cassardo Sergio |
Moncalieri - IT - |
CSSSRG69C20L219H |
364.000
.Eur |
20,00 |
|
Cassardo Marco |
Moncalieri - IT - |
CSSMRC65H18F335M |
364.000
.Eur |
20,00 |
|
Cava Adraina |
|
CVADRN54L48L219D |
227.979
.Eur |
12,52 |
Direct Participations
The Company under review has
participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal
Code |
Owned
Shares Amount |
%
Ownership |
since
|
until
|
Share
Status |
|
Overcar S.r.l. |
Torino - IT - |
03689420010 |
166.400
.Eur |
80,00 |
|
|
Active |
Firm's location and structure
In order to carry out its activities
the firm uses the following locations:
|
- |
Legal
and operative seat |
|
since 08/06/1995 |
|
|
|
|
|
|
Curiel |
, 11 |
- 10024 |
- Moncalieri |
(TO) |
- IT - |
|
|
|
|
PHONE |
: 0116829000 |
|
|
|
|
FAX |
: 0116829092 |
|
|
|
|
Email |
: ERREVI@ERREVIPEC.IT |
|
- |
Branch |
(Warehouse) |
since 01/06/2011 |
|
|
|
|
|
|
Curiel |
, 13 |
- 10024 |
- Moncalieri |
(TO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/06/2011 |
|
|
|
|
|
|
Curiel |
, 16 |
- 10024 |
- Moncalieri |
(TO) |
- IT - |
|
|
|
|
Employees |
: 42 |
|
Fittings and Equipment for a
value of 390.000 |
Eur |
|
Stocks for a value of
6.030.000 |
Eur |
|
Furniture and fittings for a
value of 83.000 |
Eur |
|
Vehicles for a value of
360.000 |
Eur |
|
|
The firm operates abroad as
exporter..
Export represents up to 20% of
the global turnover.
Products abroad are placed by :
|
- importers |
|
- its own agents |
|
- direct orders from foreign
companies |
Export is mainly towards:
|
- |
|
- Guyana |
Historical Information and/or Firm's Status
EX-MEMBERS
/ EX-POSITIONS:
|
|
Cassardo |
Giuseppe |
|
|
|
Born in Moncalieri |
(TO) |
on 18/03/1941 |
- Fiscal Code :
CSSGPP41C18F335S |
|
|
|
Residence: |
|
Milius |
, 1 |
- 10024 |
Moncalieri |
(TO) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
|
Berrino |
Luciano |
|
|
|
Born in Bra |
(CN) |
on 17/09/1930 |
- Fiscal Code :
BRRLCN30P17B111G |
|
Ex-Postions |
|
Managing Director |
|
|
Cava |
Pietro |
|
|
|
Born in Sale |
(AL) |
on 16/02/1925 |
- Fiscal Code :
CVAPTR25B16H694J |
|
|
|
Residence: |
|
Francia |
, 113 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Director |
|
|
Ranalli |
Mauro |
|
|
|
Born in Milano |
(MI) |
on 07/12/1957 |
- Fiscal Code :
RNLMRA57T07F205P |
|
|
|
Residence: |
|
Re Umberto |
, 37 |
- 10128 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Francisetti |
Ilva
Lucia |
|
|
|
Born in Torino |
(TO) |
on 14/02/1953 |
- Fiscal Code :
FRNLLC53B54L219F |
|
|
|
Residence: |
|
Castello Mirafiori |
, 19/A |
- 10135 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Stefanini |
Carlo |
|
|
|
Born in Corteno Golgi |
(BS) |
on 17/09/1937 |
- Fiscal Code :
STFCRL37P17D064P |
|
|
|
Residence: |
|
A.Graf |
, 2 |
- 10040 |
La Loggia |
(TO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Pignataro |
Giovanni |
|
|
|
Born in Brindisi |
(BR) |
on 11/09/1941 |
- Fiscal Code :
PGNGNN41P11B180O |
|
|
|
Residence: |
|
Tevere |
, 33 |
- 10098 |
Rivoli |
(TO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Giovando |
Guido |
|
|
|
Born in Torino |
(TO) |
on 28/03/1971 |
- Fiscal Code :
GVNGDU71C28L219P |
|
|
|
Residence: |
|
Galileo Ferraris |
, 111 |
- 10128 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Permanent Auditor |
|
|
Gabola |
Andrea |
|
|
|
Born in Napoli |
(NA) |
on 31/03/1973 |
- Fiscal Code :
GBLNDR73C31F839D |
|
|
|
Residence: |
|
A. Picco |
, 54/6 |
- 10131 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Auditor |
|
|
Palanza |
Francesco |
|
|
|
Born in Torino |
(TO) |
on 27/04/1974 |
- Fiscal Code :
PLNFNC74D27L219Q |
|
|
|
Residence: |
|
Re Umberto |
, 8 |
- 10121 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
CAVA |
GIOVANNI |
|
|
|
Born in TORINO |
(TO) |
on 16/12/1950 |
- Fiscal Code :
CVAGNN50T16L219R |
|
|
|
Residence: |
|
PESCHIERA |
, 249 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Ghiglione |
Maria
Paola |
|
|
|
Born in Prela' |
(IM) |
on 24/07/1947 |
- Fiscal Code :
GHGMPL47L64H027V |
|
|
|
Residence: |
|
Des Geneyes |
, 3 |
- 10064 |
Pinerolo |
(TO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Temporary Auditor |
|
|
Ambroso |
Luca |
|
|
|
Born in Domodossola |
(NO) |
on 21/01/1975 |
- Fiscal Code :
MBRLCU75A21D332C |
|
|
|
Residence: |
|
Re Umberto |
, 49 |
- 10128 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project
of merging by taking over of |
|
|
|
Cibici
S.r.l. Societa' Unipersonale |
|
|
|
|
Re Umberto |
, 8 |
, 10121 |
, Torino |
(TO) |
- IT - |
|
|
|
Fiscal Code: 08761770018 |
|
|
|
Date |
Merging/splitting-up project: |
02/10/2012 |
|
|
The
firm absorbed by merging of |
|
|
|
Overcar
S.r.l. |
|
|
|
|
Re Umberto |
, 8 |
, 10121 |
, Torino |
(TO) |
- IT - |
|
|
|
Fiscal Code: 03689420010 |
|
|
|
Date |
: |
18/12/2012 |
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: NEGATIVE |
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. FUS.
INTESA SAN PAO |
|
|
|
|
1025 |
0 |
Financial and Economical Analysis
The company is active since 1974
The eonomic-financial analysis
is based on the latest 3 b/s.
Under the financial profile unstable
results are noted. ; in the last financial year a loss was registered (r.o.e.
-0,61%)
The operating result in 2012 was
positive (2,09%) falling within the field's average.
The operating result is positive
and amounts to Eur. 397.516 showing a fall as opposed to the previous year
(-60,93%).
A gross operating margine for a
value of Eur. 682.122 was reached. showing a drop (-49,46%).
The analysis shows a fair
financial position as the indebtedness volume is acceptable (1,95) with an improving
trend as on the decrease.
The equity capital is equal to
Eur. 5.430.271 , stable in comparison with the value of the previous year.
During the last financial year
total debts volume reached Eur. 11.791.457 (Eur. 1.203.993 were m/l term ones)
showing a stable trend as opposed to 2011 (Eur. 12.589.568).
The exposure towards banks is
slightly high, the recourse to suppliers' credit is limited which is also lower
than the sector average.
Payments are supported by good
current assets.
As far as the collection of
credit goes, the average is high (138,94 days). even if compared to the average
of the sector.
As far as the cash flow is
concerned during the latest financial year it amounted to Eur. 251.383
Labour cost expenses amount to
Eur. 2.084.665 , representing 12,72% on the total of production costs. ,
whereas 13,1% is the incidence on sales revenues.
High incidence of financial
charges on turnover.
Financial Data
|
|
|
Complete balance-sheet for the
year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
15.917.687 |
|
Profit (Loss) for the period |
-33.223 |
|
|
|
Complete balance-sheet for the
year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
16.641.886 |
|
Profit (Loss) for the period |
376.676 |
|
|
|
Complete balance-sheet for the
year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
15.923.559 |
|
Profit (Loss) for the period |
526.124 |
|
|
|
Complete balance-sheet for the
year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
14.410.743 |
|
Profit (Loss) for the period |
117.165 |
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 |
|
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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 |
0,31 |
0,25 |
0,25 |
0,09 |
|
Elasticity Ratio |
Units |
0,69 |
0,75 |
0,75 |
0,89 |
|
Availability of stock |
Units |
0,32 |
0,34 |
0,30 |
0,35 |
|
Total Liquidity Ratio |
Units |
0,37 |
0,40 |
0,44 |
0,44 |
|
Quick Ratio |
Units |
0,00 |
0,00 |
0,01 |
0,03 |
|
COMPOSITION
ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
1,95 |
2,09 |
1,84 |
3,45 |
|
Self Financing Ratio |
Units |
0,29 |
0,28 |
0,30 |
0,20 |
|
Capital protection Ratio |
Units |
0,67 |
0,59 |
0,53 |
0,70 |
|
Liabilities consolidation
quotient |
Units |
0,20 |
0,19 |
0,22 |
0,12 |
|
Financing |
Units |
2,17 |
2,34 |
2,13 |
3,94 |
|
Permanent Indebtedness Ratio |
Units |
0,39 |
0,39 |
0,42 |
0,32 |
|
M/L term Debts Ratio |
Units |
0,11 |
0,11 |
0,12 |
0,08 |
|
Net Financial Indebtedness
Ratio |
Units |
1,66 |
1,87 |
1,58 |
1,48 |
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CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,28 |
1,54 |
1,68 |
2,77 |
|
Current ratio |
Units |
1,23 |
1,27 |
1,35 |
1,25 |
|
Acid Test Ratio-Liquidity
Ratio |
Units |
0,66 |
0,69 |
0,80 |
0,67 |
|
Structure's primary quotient |
Units |
0,93 |
1,11 |
1,19 |
1,78 |
|
Treasury's primary quotient |
Units |
0,00 |
0,00 |
0,01 |
0,04 |
|
Rate of indebtedness (
Leverage ) |
% |
349,58 |
356,60 |
336,52 |
505,88 |
|
Current Capital ( net ) |
Value |
2.424.144 |
3.065.158 |
3.276.119 |
292.109 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
1,58 |
4,26 |
5,19 |
2,29 |
|
Return on Equity - Net- (
R.O.E. ) |
% |
-0,61 |
6,99 |
10,49 |
6,61 |
|
Return on Equity - Gross - (
R.O.E. ) |
% |
-0,67 |
12,69 |
17,30 |
15,89 |
|
Return on Investment ( R.O.I.
) |
% |
2,09 |
5,29 |
6,72 |
4,92 |
|
Return/ Sales |
% |
2,50 |
6,11 |
7,12 |
3,82 |
|
Extra Management
revenues/charges incid. |
% |
-8,36 |
37,02 |
46,39 |
27,17 |
|
Cash Flow |
Value |
251.383 |
709.001 |
826.489 |
57.935 |
|
Operating Profit |
Value |
397.516 |
1.017.507 |
1.134.071 |
131.635 |
|
Gross Operating Margin |
Value |
682.122 |
1.349.832 |
1.434.436 |
168.145 |
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MANAGEMENT |
|
|
|
|
|
|
Credits to clients average
term |
Days |
138,94 |
139,98 |
152,06 |
101,30 |
|
Debts to suppliers average
term |
Days |
60,09 |
44,74 |
53,46 |
107,24 |
|
Average stock waiting period |
Days |
136,29 |
142,04 |
115,36 |
98,98 |
|
Rate of capital employed
return ( Turnover ) |
Units |
0,84 |
0,87 |
0,94 |
1,17 |
|
Rate of stock return |
Units |
2,64 |
2,53 |
3,12 |
3,63 |
|
Labour cost incidence |
% |
13,10 |
11,94 |
11,98 |
8,81 |
|
Net financial revenues/
charges incidence |
% |
-2,75 |
-2,05 |
-1,78 |
-1,50 |
|
Labour cost on purchasing
expenses |
% |
12,72 |
12,26 |
12,50 |
8,90 |
|
Short-term financing charges |
% |
3,73 |
2,77 |
2,72 |
3,08 |
|
Capital on hand |
% |
119,26 |
115,51 |
105,96 |
84,23 |
|
Sales pro employee |
Value |
244.887 |
405.899 |
379.132 |
407.684 |
|
Labour cost pro employee |
Value |
32.071 |
48.473 |
45.401 |
34.028 |
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 |
: |
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2.236.941Monthly 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 443 significant companies.
The companies cash their credits
on an average of 101 dd.
The average duration of suppliers
debts is about 107 dd.
The sector's profitability is on
an average of 2,29%.
The labour cost affects the
turnover in the measure of 8,81%.
Goods are held in stock in a
range of 99 dd.
The difference between the sales
volume and the resources used to realize it is about 1,17.
The employees costs represent
the 8,90% of the production costs.
Statistical Detrimental Data
Statistcally the trade activity
shows periods of crisis.
The area is statistically
considered moderately risky.
In the region 27.019 protested
subjects are found; in the province they count to 16.723.
The insolvency index for the
region is 0,63, , while for the province it is 0,76.
Total Bankrupt companies in the
province : 7.726.
Total Bankrupt companies in the
region : 14.165.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.41 |
|
|
1 |
Rs.103.42 |
|
Euro |
1 |
Rs.82.16 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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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 |
-- |
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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.