|
Report Date : |
08.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
ANISINOS INDUSTRIA E COMERCIO DE PRODUTOS QUÍMICOS E COUROS LTDA. |
|
|
|
|
Registered Office : |
Rua Andre Pinto Reboucas, 85 - |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
09.02.1993 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture and Trade of chemical products for leather treatment. |
|
|
|
|
No. of Employees : |
11 |
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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BRAZIL - ECONOMIC OVERVIEW
Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, Brazil's economy outweighs that of all other South American countries, and Brazil is expanding its presence in world markets. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After strong growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in 2008. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery. In 2010, consumer and investor confidence revived and GDP growth reached 7.5%, the highest growth rate in the past 25 years. Rising inflation led the authorities to take measures to cool the economy; these actions and the deteriorating international economic situation slowed growth to 2.7% in 2011, and 1.3% in 2012. Unemployment is at historic lows and Brazil's traditionally high level of income inequality has declined for each of the last 14 years. Brazil's historically high interest rates have made it an attractive destination for foreign investors. Large capital inflows over the past several years have contributed to the appreciation of the currency, hurting the competitiveness of Brazilian manufacturing and leading the government to intervene in foreign exchange markets and raise taxes on some foreign capital inflows. President Dilma ROUSSEFF has retained the previous administration's commitment to inflation targeting by the central bank, a floating exchange rate, and fiscal restraint. In an effort to boost growth, in 2012 the administration implemented a somewhat more expansionary monetary policy that has failed to stimulate much growth.
|
Source
: CIA |
ANISINOS INDUSTRIA
E COMERCIO DE PRODUTOS QUÍMICOS E COUROS LTDA.
|
MAIN ADDRESS: |
RUA ANDRE PINTO REBOUCAS, 85 - BAIRRO INDUSTRIAL |
|
ZIP CODE/CITY: |
93320-530 - NOVO HAMBURGO/RS |
|
|
|
|
PHONE: |
51 3582-0000 |
|
FAX: |
51 3587-2323 |
|
E-MAIL: |
financeiro@anisinos.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA PRIMAVERAS, 2201 - JARDIM FLÓRIDA |
|
ZIP CODE/CITY: |
14403-267 FRANCA/SP |
|
MAIN ACTIVITIES: |
|
MANUFACTURE AND TRADE OF CHEMICAL PRODUCTS FOR LEATHER TREATMENT. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
09/02/1993 |
|
REGISTER DATE: |
09/02/1993 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
68.762.400/0001-78 |
|
STATE REGISTER: |
086/0202933 |
|
|
|
|
SHARE CAPITAL: |
R$ 330.000,00 |
|
LAST REGISTER OF CAPITAL: |
27/05/2010 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
ROGERIO CECCHINI NEUMANN |
MANAGING PARTNER |
|
ALEXANDRE WINGERT |
MANAGING PARTNER |
|
ZIGOMAR SPERB SOBRINHO |
MANAGING PARTNER |
|
THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
ROGERIO CECCHINI NEUMANN |
R$ 110.000,00 |
|
ALEXANDRE WINGERT |
R$ 110.000,00 |
|
ZIGOMAR SPERB SOBRINHO |
R$ 110.000,00 |
|
AFFILIATES /
SUBSIDIARIES |
|
|
|
|
|
A SCAN THROUGH OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR PARTNERS
HAS/HAVE THE FOLLOWING UNCONFIRMED HOLDINGS: |
|
|
|
|
|
KIMILEATHER PRODUTOS QUIMICOS LTDA |
|
|
Z.S.S. REPRESENTACOES COMERCIAIS LTDA |
|
|
WINGERT & FIEGENBAUM ASSESSORIA LTDA |
|
|
REDEHIDRO COMERCIO E SERVIÇOS DE MATERIAIS DE CONSTRUÇÃO LTD |
|
|
KIMILEATHER PRODUTOS QUIMICOS LTDA |
|
|
TRANSPORTES NOVA PETRÓPOLIS LTDA |
|
|
THE SUBJECT WAS ESTABLISHED ON FEBRUARY 09, 1993 AS ANISINOS CORANTES
INDUSTRIAIS LTDA., TO BE ENGAGED IN THE SAID LINE OF BUSINESS. LATER IT
ADOPTED THE ABOVE-MENTIONED NAME. TRADE NAME: ANISINOS PARTNERS: ROGERIO CECCHINI NEUMANN: BRAZILIAN, MARRIED, HOLDER O OF DOCUMENTS,
RG 7021853929 SSP/RS AND CPF 366.790.030-91, RESIDENTIAL ADDRESS AT RUA EÇA
DE QUEIROZ, 538, BAIRRO FLORESTA - ESTÂNCIA VELHA/RS; ALEXANDRE WINGERT: BRAZILIAN, MARRIED, HOLDER O OF DOCUMENTS, RG
6041408706 SSP/RS AND CPF 590.848.980-87, RESIDENTIAL ADDRESS AT RUA HENRIQUE
BECKMANN, 417, BAIRRO UNIÃO - ESTÂNCIA/VELHA/RS; ZIGOMAR SPERB SOBRINHO: BRAZILIAN, MARRIED, HOLDER O OF DOCUMENTS, RG
1022524324 SSP/RS AND CPF 360.168.370-91, RESIDENTIAL ADDRESS AT RUA LA
HABANA, 865, BAIRRO SANTO AFONSO - ENCRUZILHADA DO SUL/RS. FURTHER DETAILS ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
NO DETRIMENTAL FILES WERE FOUND. |
|
GENERAL BALANCE
SHEETS AS OF 31/12/2012 AND 31/12/2011. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
|
CASH AND BANKS |
27.721,39 |
41.196,09 |
|
|
CLIENTS |
2.870.376,24 |
2.132.849,17 |
|
|
ADVANCE TO SUPPLIERS |
164.035,55 |
12.900,00 |
|
|
RECOVERABLE TAXES |
187.947,01 |
222.838,79 |
|
|
INVENTORY |
722.299,86 |
1.109.303,10 |
|
|
PRE PAID EXPENSES |
7.523,26 |
|
|
|
OTHER |
|
80.275,60 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL CURRENT ASSETS |
3.979.903,31 |
3.599.362,75 |
|
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
BANK ESCROW ACCOUNT |
1.000,00 |
|
|
|
|
---------------- |
---------------- |
|
|
TOTAL LONG-TERM RECEIVABLES |
1.000,00 |
|
|
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
8.251,87 |
27.444,87 |
|
|
FIXED ASSETS |
249.506,37 |
158.844,72 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL FIXED ASSETS |
257.758,24 |
186.289,59 |
|
|
|
================ |
================ |
|
|
TOTAL ASSETS |
4.238.661,55 |
3.785.652,34 |
|
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
|
LOANS AND FINANCING |
1.762.822,62 |
1.264.380,23 |
|
|
SUPPLIERS |
2.463.121,07 |
3.462.516,99 |
|
|
TAX LIABILITIES |
46.113,31 |
20.450,51 |
|
|
SOCIAL OBLIGATIONS |
38.339,88 |
26.599,65 |
|
|
LABOR OBLIGATIONS |
39.279,44 |
55.362,51 |
|
|
ACCOUNTS PAYABLE |
373.012,91 |
|
|
|
OTHER |
174.371,89 |
11.766,22 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL CURRENT LIABILITIES |
4.897.061,12 |
4.841.076,11 |
|
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
88.000,00 |
|
|
|
INSTALLMENTS TAXES PAYABLE |
39.687,60 |
|
|
|
|
---------------- |
---------------- |
|
|
TOTAL LONG TERM LIABILITIES |
127.687,60 |
|
|
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
330.000,00 |
330.000,00 |
|
|
ACCRUED PROFIT (LOSS) |
-1.116.087,17 |
-1.385.423,77 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL NET EQUITY |
-786.087,17 |
-1.055.423,77 |
|
|
|
================ |
================ |
|
|
TOTAL LIABILITIES |
4.238.661,55 |
3.785.652,34 |
|
|
PROFIT AND LOSS ACCOUNTS
AS OF 31/12/2012 AND 31/12/2011. |
|
( FIGURES ARE IN
REAIS ). |
|
|
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
|
GROSS SALES |
15.930.494,33 |
10.956.281,95 |
|
|
(-) TAXES ON SALES |
4.042.196,82 |
2.785.865,94 |
|
|
|
---------------- |
---------------- |
|
|
NET SALES |
11.888.297,51 |
8.170.416,01 |
|
|
(-) COST OF SOLD GOODS |
10.344.137,02 |
8.132.945,73 |
|
|
|
---------------- |
---------------- |
|
|
GROSS PROFIT |
1.544.160,49 |
37.470,28 |
|
|
OPERATING REVENUE (EXPENSE) |
-842.316,24 |
-386.064,82 |
|
|
FINANCIAL REVENUE(EXPENSE) |
-331.995,98 |
52.993,63 |
|
|
|
---------------- |
---------------- |
|
|
OPERATIONAL PROFIT (LOSS) |
369.848,27 |
-295.600,91 |
|
|
NON-OPERATING RESULT |
|
68,78 |
|
|
CONTRIBUTION/INCOME TAX |
-100.511,67 |
|
|
|
|
---------------- |
---------------- |
|
|
NET PROFIT (LOSS) |
269.336,60 |
-295.532,13 |
|
|
MONTHLY SALES |
|||
|
|
2013 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 1.938.813,71 |
|
|
|
FEBRUARY |
R$ 2.480.744,31 |
|
|
|
MARCH |
R$ 1.514.027,65 |
|
|
|
APRIL |
R$ 2.096.600,24 |
|
|
|
MAY |
R$ 1.311.795,87 |
|
|
|
JUNE |
R$ 1.104.239,32 |
|
|
|
JULY |
R$ 1.176.671,60 |
|
|
|
AUGUST |
R$ 1.415.625,61 |
|
|
|
SEPTEMBER |
R$ 2.006.999,10 |
|
|
|
OCTOBER |
R$ 2.299.452,42 |
|
|
|
NOVEMBER |
R$ 1.957.951,95 |
|
|
|
DECEMBER |
|
|
|
|
TOTAL |
R$ 19.302.921,78 |
|
|
|
RATIOS: |
31/12/2012 |
31/12/2011 |
|
|
QUICK RATIO |
,67 |
|
,51 |
|
|
|
|
CURRENT RATIO |
,81 |
|
,74 |
|
|
|
|
ACCOUNTS RECEIVABLE TURNOVER |
4,14 |
TIMES |
3,83 |
TIMES |
|
|
|
DAYS' SALES IN RECEIVABLES |
86,92 |
DAYS |
93,98 |
DAYS |
|
|
|
INVENTORY TURNOVER |
14,32 |
TIMES |
7,33 |
TIMES |
|
|
|
ACCOUNTS PAYABLE PERIOD |
85,72 |
DAYS |
153,27 |
DAYS |
|
|
|
RETURN ON ASSETS |
2,80 |
TIMES |
2,16 |
TIMES |
|
|
|
SALES TURNOVER ON NET EQUITY |
-15,12 |
TIMES |
-7,74 |
TIMES |
|
|
|
NET WORTH TIE-UP |
-,32 |
|
-,15 |
|
|
|
|
INDEBTEDNESS |
-6,39 |
|
-4,59 |
|
|
|
|
EQUITY RATIO |
-18,55 |
% |
-27,88 |
% |
|
|
|
WORKING CAPITAL RATIO |
-18,73 |
% |
-25,65 |
% |
|
|
|
GENERAL SOLVENCY |
,84 |
|
,78 |
|
|
|
|
RETURN ON NET EQUITY |
-34,26 |
% |
28,00 |
% |
|
|
|
RETURN ON SALES (PROFIT MARGIN) |
2,27 |
% |
-3,62 |
% |
|
|
|
GROSS PROFIT MARGIN |
12,99 |
% |
,46 |
% |
|
|
|
OPERATIONAL RESULT |
3,11 |
% |
-3,62 |
% |
|
|
|
SALES TURNOVER ON LIABILITIES |
2,43 |
TIMES |
1,69 |
TIMES |
|
|
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,39 |
- OFFICIAL RATE |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE |
|
US$ 1,00 = R$ 1,87 |
- OFFICIAL RATE |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL
RATIOS. THE FIGURES AVAILABLE SHOW A DELICATE FINANCIAL STANDING. IT HAS LOW LIQUIDITY
AND HIGH LEVEL OF INDEBTEDNESS (WITH NEGATIVE NET EQUITY). ON THE OTHER HAND,
IT SHOWS GROWING SALES AND POSTED PROFIT. REMARKS: THE BALANCE SHEET FOR JUNE 2013 IS NOT AVAILABLE. |
|
REAL ESTATE: |
NOT AVAILABLE
|
VEHICLES: |
NOT AVAILABLE
|
MACHINES: |
NOT AVAILABLE
|
NOT AVAILABLE. |
|
|
BRANCH/PHONE: |
|
|
BANCO DO BRASIL S/A |
0611-4 / 51 3561-1763 |
|
|
BANCO SANTANDER S/A |
3700 / 51 3582-6100 |
|
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION WE ARE UNABLE TO PROVIDE
ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL
REPORT, THE COMPANY HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF
"CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). DATE RESEARCHED:
JANUARY 02, 2014. |
|
MANUFACTURE AND TRADE OF CHEMICAL PRODUCTS FOR LEATHER TREATMENT. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
INDIA, CHINA, BELGIUM AND HOLLAND. TOTAL, US$ 2.400.000,00 (ANNUALLY). |
EXPORTS TO:
|
EL SALVADOR. TOTAL, US$ 20.000,00 (ANNUALLY). |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
|
|
NOT AVAILABLE |
|
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 11 EMPLOYEE(S) |
|
THE SUBJECT WAS ESTABLISHED IN 1993. SO FAR IT
HAS A CLEAR TRADE HISTORY AND NORMAL PAYMENT BEHAVIOR. THE COMPANY HAS TRADE RELATIONS WITH SOME LOCAL SUPPLIERS
BUT UP TO DATE ONLY SMALL PAYMENTS WERE REPORTED AND THE SUBJECT IS NOT SAID
TO BE USER OF TRADE CREDIT FACILITIES. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
AL COURO |
|
43 3255-1505 |
|
LANXESS |
|
51 3579-7000 |
|
RHODIA |
|
19 3874-8746 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
LANXESS |
SINGAPORE |
|
|
TRÍADE |
GELGIUM / HOLLAND |
|
|
VIPUL DYE |
INDIA |
|
|
PAYMENT HISTORY: |
|
01 SUPPLIER REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 549,00 |
|
|
|
AMOUNT OF INVOICES PAID: 1 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 549,00 |
|
BASED ON THE OVERALL DATA AVAILABLE THE SUBJECT MAY BE CONSIDERED FOR NORMAL
BUSINESS COMMITMENTS. CREDIT FACILITIES HOWEVER SHOULD BE GRANTED ON FULLY
SECURED TERMS ONLY DUE TO THE UNFAVORABLE FINANCIAL SITUATION SHOWED IN THE
BALANCE SHEETS. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.38 |
|
|
1 |
Rs.102.25 |
|
Euro |
1 |
Rs.84.97 |
INFORMATION DETAILS
|
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.