MIRA
INFORM REPORT
|
Report Date : |
17.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
ECOR S.P.A. A SOCIO UNICO |
|
|
|
|
Registered Office : |
Via Veneto, 10, 36015 – Schio
(VI) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
06.08.1981 |
|
|
|
|
Com. Reg. No.: |
VI116-12886 of Vicenza since 19/02/1996 |
|
|
|
|
Legal Form : |
Joint stock company with sole shareholder |
|
|
|
|
Line of Business : |
·
distributor of stainless steel products such as tube,
barrame, sheet metal, & fittings Forging,
drawing, stamping and roll-forming of metal; powder metallurgy Manufacturer
of other electrical equipment |
|
|
|
|
No. of Employees : |
from 36 to 50 employees |
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 : |
No Complaints |
|
|
|
|
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) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
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 high. 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 126% of GDP in 2012, and investor concerns about the broader euro-zone crisis at times have caused borrowing costs on sovereign government debt to rise to euro-era. During the second half of 2011 the government passed three austerity packages to reduce its budget deficit and help bring down borrowing costs. These measures included a hike in the value-added tax, pension reforms, and cuts to public administration. The government also faces pressure from investors and European partners to sustain its recent efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2012 economic growth and labor market conditions deteriorated, with growth at -2.3% and unemployment rising to nearly 11%, with youth unemployment around 35%. The government has undertaken several reform initiatives designed to increase long-term economic growth. Italy's GDP is now 7% below its 2007 pre-crisis level.
|
Source : CIA |
Company name & address
Ecor S.p.a. A Socio Unico
Via Veneto, 10
36015 - Schio (VI) -IT-
Summary
|
Fiscal Code |
: |
00793290248 |
|
Legal Form |
: |
Joint stock company with sole shareholder |
|
start of Activities |
: |
06/08/1981 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
25.000.000/35.000.000 |
|
Number of Employees |
: |
from 36 to 50 |
Activity
·
distributor of stainless steel products such as tube,
barrame, sheet metal, & fittings
Forging,
drawing, stamping and roll-forming of metal; powder metallurgy
Manufacturer
of other electrical equipment
Legal Data
Legal Form : Joint stock company with sole
shareholder
|
Fiscal Code : 00793290248 |
|
Foreign Trade Reg. no. : VI035829 since
30/09/1993 |
|
Chamber of Commerce no. : 161467 of
Vicenza since 11/08/1981 |
|
Firms' Register : VI116-12886 of Vicenza
since 19/02/1996 |
|
V.A.T. Code : 00793290248 |
|
Tribunal Co. Register : 12886 of since 27/08/1981 |
|
Foundation date |
: 06/08/1981 |
|
|
Establishment date |
: 06/08/1981 |
|
|
Start of Activities |
: 06/08/1981 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 5.000.000 |
|
|
Subscribed Capital |
: 5.000.000 |
|
|
Paid up Capital |
: 5.000.000 |
|
Members
|
|
Casato |
Mario Giuseppe |
|
|
|
Born in Schio |
(VI) |
on 04/12/1947 |
- Fiscal Code : CSTMGS47T04I531P |
|
|
|
Residence: |
|
Della Valletta |
, 19 |
- 36015 |
Schio |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
09/05/2012 |
|
|
|
Board Chairman |
09/05/2012 |
|
|
|
Managing Director |
09/05/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Farina |
Roberto |
|
|
|
Born in Breganze |
(VI) |
on 28/09/1946 |
- Fiscal Code : FRNRRT46P28B132M |
|
|
|
Residence: |
|
G. La Pira |
, 21 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Auditor |
30/04/2011 |
|
|
|
|
Luca S.p.a. |
|
|
|
|
|
|
: |
|
Veneto |
, 10 |
- 36015 |
Schio |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
27/05/2008 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Casato |
Luca |
|
|
|
Born in Schio |
(VI) |
on 05/03/1978 |
- Fiscal Code : CSTLCU78C05I531K |
|
|
|
Residence: |
|
Della Valletta |
, 19 |
- 36015 |
Schio |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
09/05/2012 |
|
|
|
Director |
09/05/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Casato |
Matteo |
|
|
|
Born in Schio |
(VI) |
on 06/01/1976 |
- Fiscal Code : CSTMTT76A06I531P |
|
|
|
Residence: |
|
Degli Orti |
, 26 |
- 36015 |
Schio |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
09/05/2012 |
|
|
|
Assistant board Chairman |
09/05/2012 |
|
|
|
Director |
09/05/2012 |
|
|
|
|
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.
|
|
Luca S.p.a. |
|
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Giuse S.r.l. A Socio Unico |
Schio (VI) - IT - |
00439250242 |
Limited Partner |
Active |
Registered |
|
Ecor Research S.p.a. |
Schio (VI) - IT - |
03511040242 |
Sole partner |
Withdrawn |
Registered |
|
|
Casato |
Mario Giuseppe |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Scremac - S.r.l. - In Liquidazione |
Thiene (VI) - IT - |
01285230247 |
Liquidator |
Active |
Registered |
|
Giuse S.r.l. A Socio Unico |
Schio (VI) - IT - |
00439250242 |
Director |
Withdrawn |
Registered |
|
Giuse S.r.l. A Socio Unico |
Schio (VI) - IT - |
00439250242 |
Assistant board
Chairman |
Withdrawn |
Registered |
|
Giuse S.r.l. A Socio Unico |
Schio (VI) - IT - |
00439250242 |
Acting partner
(in work) |
Withdrawn |
Registered |
|
Euro Inox Quality S.r.l. |
Schio (VI) - IT - |
02053580243 |
Managing
Director |
Withdrawn |
Registered |
|
Euro Inox Quality S.r.l. |
Schio (VI) - IT - |
02053580243 |
Director |
Withdrawn |
Registered |
|
Euro Inox Quality S.r.l. |
Schio (VI) - IT - |
02053580243 |
Board Chairman |
Withdrawn |
Registered |
|
Sovem S.r.l. |
Santorso (VI) - IT - |
02085910244 |
Managing
Director |
Withdrawn |
Registered |
|
T.c.i. S.r.l. |
Schio (VI) - IT - |
02097230243 |
Managing
Director |
Active |
Registered |
|
T.c.i. S.r.l. |
Schio (VI) - IT - |
02097230243 |
Director |
Active |
Registered |
|
T.c.i. S.r.l. |
Schio (VI) - IT - |
02097230243 |
Board Chairman |
Active |
Registered |
|
Serma Italia S.r.l. - In Liquidazione - |
Arsiero (VI) - IT - |
02122860246 |
Sole Director |
Withdrawn |
Ceased |
|
Serma Italia S.r.l. - In Liquidazione - |
Arsiero (VI) - IT - |
02122860246 |
Liquidator |
Withdrawn |
Ceased |
|
Luca S.p.a. |
Schio (VI) - IT - |
02304550243 |
Director |
Active |
Registered |
|
Luca S.p.a. |
Schio (VI) - IT - |
02304550243 |
Acting partner
(in work) |
Withdrawn |
Registered |
|
Luca S.p.a. |
Schio (VI) - IT - |
02304550243 |
Board Chairman |
Active |
Registered |
|
Frau Impianti S.r.l. |
Schio (VI) - IT - |
02673070245 |
Managing
Director |
Active |
Registered |
|
Frau Impianti S.r.l. |
Schio (VI) - IT - |
02673070245 |
Director |
Active |
Registered |
|
Frau Impianti S.r.l. |
Schio (VI) - IT - |
02673070245 |
Board Chairman |
Active |
Registered |
|
Metallinox S.p.a. |
Schio (VI) - IT - |
02860230248 |
Director |
Withdrawn |
Ceased |
|
Metallinox S.p.a. |
Schio (VI) - IT - |
02860230248 |
Board Chairman |
Withdrawn |
Ceased |
|
Casato Mario Giuseppe |
Malo (VI) - IT - |
CSTMGS47T04I531P |
Proprietor |
Withdrawn |
Ceased |
|
N.p.c. - New Production Concept - Societa'
A Responsabilita' Limitata |
Imola (BO) - IT - |
02267021208 |
Director |
Withdrawn |
Registered |
|
|
Casato |
Matteo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
T.c.i. S.r.l. |
Schio (VI) - IT - |
02097230243 |
Managing
Director |
Active |
Registered |
|
T.c.i. S.r.l. |
Schio (VI) - IT - |
02097230243 |
Director |
Active |
Registered |
|
Luca S.p.a. |
Schio (VI) - IT - |
02304550243 |
Director |
Active |
Registered |
|
Luca S.p.a. |
Schio (VI) - IT - |
02304550243 |
Assistant board
Chairman |
Active |
Registered |
|
Bp S.r.l. |
Schio (VI) - IT - |
03623250242 |
Managing
Director |
Active |
Registered |
|
Bp S.r.l. |
Schio (VI) - IT - |
03623250242 |
Director |
Active |
Registered |
|
Swissway Srl |
Schio (VI) - IT - |
03837840242 |
Managing
Director |
Active |
Registered |
|
Swissway Srl |
Schio (VI) - IT - |
03837840242 |
Director |
Active |
Registered |
|
Swissway Srl |
Schio (VI) - IT - |
03837840242 |
Assistant board
Chairman |
Active |
Registered |
|
|
Casato |
Luca |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Luca S.p.a. |
Schio (VI) - IT - |
02304550243 |
Director |
Active |
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 |
|
Luca S.p.a. |
Schio - IT - |
02304550243 |
|
100,00 |
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 |
|
Metallinox S.p.a. |
Schio - IT - |
02860230248 |
98.000 .Eur |
4,97 |
|
|
Ceased |
|
Scremac - S.r.l. - In Liquidazione |
Thiene - IT - |
01285230247 |
38.480 .Eur |
74,00 |
|
|
Active |
|
GET IT (GROUP OF ENTERPRISES ON TECHNICA L
IMPROVEMENT TRAINING) |
Modena - IT - |
02461280360 |
310 .Eur |
1,71 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the
firm uses the following locations:
|
- |
Legal and
operative seat |
|
|
|
|
|
|
|
Veneto |
, 10 |
- 36015 |
- Schio |
(VI) |
- IT - |
|
|
|
|
PHONE |
: 0445575090 |
|
|
|
|
FAX |
: 0445578484 |
|
|
|
|
Website |
: WWW.ECOR.COM |
|
- |
Branch |
(office) |
since 13/03/2008 |
|
|
|
|
|
|
Friuli |
, 5/7 |
- 36015 |
- Schio |
(VI) |
- IT - |
|
|
|
|
PHONE |
: 0445575090 |
|
- |
Branch |
(Factory) |
since 12/04/1995 |
|
|
|
|
|
|
Delle Prese |
, 18 |
- 36014 |
- Santorso |
(VI) |
- IT - |
|
- |
Branch |
(Workshop) |
since 30/04/1996 |
|
|
|
|
|
|
Friuli |
, 11 |
- 36015 |
- Schio |
(VI) |
- IT - |
|
- |
Branch |
(Workshop) |
since 17/10/2001 |
|
|
|
|
|
|
Luigi Dalla Via |
, 19 |
- 36015 |
- Schio |
(VI) |
- IT - |
|
- |
Branch |
|
since 02/02/2009 |
|
|
|
|
|
|
Veneto |
, 10 |
- 36015 |
- Schio |
(VI) |
- IT - |
|
|
|
|
Employees |
: 49 |
|
Fittings and Equipment for a value of
830.000 |
Eur |
|
Stocks for a value of 5.920.000 |
Eur |
|
|
Historical Information and/or Firm's Status
COMPANY STYLE
MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Cappaenne S.r.l. |
|
06/11/1992 |
EX-MEMBERS /
EX-POSITIONS:
|
|
Casato |
Mario Giuseppe |
|
|
|
Born in Schio |
(VI) |
on 04/12/1947 |
- Fiscal Code : CSTMGS47T04I531P |
|
|
|
Residence: |
|
Della Valletta |
, 19 |
- 36015 |
Schio |
(VI) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Managing Director |
|
Director |
|
|
Miglioranza |
Ilenia |
|
|
|
Born in Malo |
(VI) |
on 16/11/1972 |
- Fiscal Code : MGLLNI72S56E864A |
|
|
|
Residence: |
|
Giare |
, 20 |
- 36030 |
San Vito di Leguzzano |
(VI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Farina |
Roberto |
|
|
|
Born in Breganze |
(VI) |
on 28/09/1946 |
- Fiscal Code : FRNRRT46P28B132M |
|
|
|
Residence: |
|
G. La Pira |
, 21 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Ex-Postions |
|
Auditor |
|
|
Maglio |
Antonio |
|
|
|
Born in Sapri |
(SA) |
on 11/05/1945 |
- Fiscal Code : MGLNTN45E11I422M |
|
|
|
Residence: |
|
Binotto Giuseppe |
, 39 |
- 36016 |
Thiene |
(VI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Scarso |
Luigi |
|
|
|
Born in Vicenza |
(VI) |
on 01/10/1953 |
- Fiscal Code : SCRLGU53R01L840X |
|
|
|
Residence: |
|
V. Bardella |
, 35 |
- 36100 |
Vicenza |
(VI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Rancan |
Susi Maria |
|
|
|
Born in Valdagno |
(VI) |
on 27/06/1967 |
- Fiscal Code : RNCSMR67H67L551O |
|
|
|
Residence: |
|
Alp. Zamberlan Antonio |
, 26 |
- 36070 |
Trissino |
(VI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Girotto |
Gianfranco |
|
|
|
Born in Schio |
(VI) |
on 19/01/1960 |
- Fiscal Code : GRTGFR60A19I531O |
|
|
|
Residence: |
|
Zuanne Caschini |
, 12 |
- 36014 |
Santorso |
(VI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Salomoni Rigon |
Maurizio |
|
|
|
Born in Thiene |
(VI) |
on 01/09/1959 |
- Fiscal Code : SLMMRZ59P01L157O |
|
|
|
Residence: |
|
Battaglione Vicenza |
, 2 |
- 36030 |
Zugliano |
(VI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Zilli |
Luciano |
|
|
|
Born in Valdobbiadene |
(TV) |
on 06/03/1943 |
- Fiscal Code : ZLLLCN43C06L565M |
|
|
|
Residence: |
|
P.m.rosin |
, 3 |
- 33080 |
San Quirino |
(PN) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Mattiello |
Egidio |
|
|
|
Born in Montebello Vicentino |
(VI) |
on 15/11/1943 |
- Fiscal Code : MTTGDE43S15F442Z |
|
|
|
Residence: |
|
Gabriele D'annunzio |
, 39 |
- 36015 |
Schio |
(VI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Casato |
Mario |
|
|
|
Born in Schio |
(VI) |
on 04/12/1947 |
- Fiscal Code : CSTMRA47T04I531Q |
|
Ex-Postions |
|
Managing Director |
|
Chairman |
|
Chairman and Managing Director |
|
|
Lucietto |
Sergio |
|
|
|
Born in Schio |
(VI) |
on 26/04/1946 |
- Fiscal Code : LCTSRG46D26I531L |
|
|
|
Residence: |
|
Brolo Del Conte |
, 6 |
- 36015 |
Schio |
(VI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Assistant board Chairman |
|
Vice-Chairman |
|
Managing Director |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of
merging by taking over of |
|
|
|
|
|
|
|
|
Friuli |
, 9 |
, 36015 |
, Schio |
(VI) |
- IT - |
|
|
|
Fiscal Code: 02860230248 |
|
|
|
Date |
Merging/splitting-up project: |
27/06/2003 |
|
|
The firm
absorbed by merging of |
|
|
|
|
|
|
|
|
Friuli |
, 9 |
, 36015 |
, Schio |
(VI) |
- IT - |
|
|
|
Fiscal Code: 02860230248 |
|
|
|
Date |
: |
16/12/2003 |
|
|
Project of
merging by taking over of |
|
|
|
|
|
|
|
|
Friuli |
, 9 |
, 36015 |
, Schio |
(VI) |
- IT - |
|
|
|
Fiscal Code: 00439250242 |
|
|
|
Date |
Merging/splitting-up project: |
26/06/2008 |
|
|
The firm
absorbed by merging of |
|
|
|
|
|
|
|
|
Friuli |
, 9 |
, 36015 |
, Schio |
(VI) |
- IT - |
|
|
|
Fiscal Code: 00439250242 |
|
|
|
Date |
: |
23/07/2008 |
|
|
The firm absorbed
by merging of |
|
|
|
|
|
|
|
|
Friuli |
, 9 |
, 36015 |
, Schio |
(VI) |
- IT - |
|
|
|
Fiscal Code: 00439250242 |
|
|
|
Date |
: |
20/10/2008 |
|
|
Project of
splitting-up and tranfer into |
|
|
|
|
|
|
|
|
Veneto |
, 10 |
, 36015 |
, Schio |
(VI) |
- IT - |
|
|
|
Fiscal Code: 02304550243 |
|
|
|
Date |
Merging/splitting-up project: |
06/10/2008 |
|
|
Splitting-up
project and setting-up of new co |
|
|
|
Date |
Merging/Splitting-up Project-New Company: |
06/10/2008 |
|
|
Splitting-up and
transfer of assets to |
|
|
|
|
|
|
|
|
Veneto |
, 10 |
, 36015 |
, Schio |
(VI) |
- IT - |
|
|
|
Fiscal Code: 02304550243 |
|
|
|
Date |
Splitting-up: |
22/12/2008 |
|
|
Splitting-up and
setting-up of a new company |
|
|
|
|
|
|
|
, Schio (vi) |
- IT - |
|
|
|
Date |
Splitting-up: |
22/12/2008 |
|
|
Project of
merging by taking over of |
|
|
|
|
|
|
|
|
Veneto |
, 10 |
, 36015 |
, Schio |
(VI) |
- IT - |
|
|
|
Fiscal Code: 00163700248 |
|
|
|
Date |
Merging/splitting-up project: |
24/06/2009 |
|
|
The firm
absorbed by merging of |
|
|
|
Carrozzeria
Luigi Dalla Via S.p.A. |
|
|
|
|
Veneto |
, 10 |
, 36015 |
, Schio |
(VI) |
- IT - |
|
|
|
Fiscal Code: 00163700248 |
|
|
|
Date |
: |
16/12/2009 |
|
|
Project of
splitting-up and tranfer into |
|
|
|
|
|
|
|
|
Veneto |
, 10 |
, 36015 |
, Schio |
(VI) |
- IT - |
|
|
|
Fiscal Code: 02304550243 |
|
|
|
Date |
Merging/splitting-up project: |
20/04/2012 |
|
|
Res.of
Splitting-up and transfer of assets to |
|
|
|
|
|
|
|
|
Veneto |
, 10 |
, 36015 |
, Schio |
(VI) |
- IT - |
|
|
|
Fiscal Code: 02304550243 |
|
|
|
Date |
Splitting-up: |
09/05/2012 |
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.
Financial and Economical Analysis
Company's starting of activities dates back
to 1981.
The economic-financial analysis has been
made on the base of the b/s of the latest three years.
Under the financial profile unstable results
are noted. with a loss in the last financial year.
The operating result was positive in the
last financial year (2,08%) falling within the field's average.
The amount of the operating result for the
year 2012 is of Eur. 518.528 with a -40,31% fall as against the year 2011.
A gross operating margin for a value of Eur.
1.405.933 was reached. with a -28,81% fall.
The company has an excellent net worth if
compared to its debts, with a low indebtedness (0,95) increasing compared to
last year (0,54)
It's shareholders funds amount to Eur. 11.400.414
, falling in comparison with the year before.
During the last financial year total debts
volume reached Eur. 13.170.094 (Eur. 1.253.074 were m/l term ones) as opposed
to Eur. 26.283.253 in 2011, with a decrease equal to -49,89%.
Moderate recourse to bank credit while the
exposure towards suppliers is rather high even if it still falls within the
sector's average.
It shows a good range of liquidity.
Accounts receivable average term is high
(188,97 days). also in relation to the average of the sector.
2012 financial year closed with a cash flow
of Eur. 323.509
In the last financial year labour cost was
of Eur. 1.948.027, with a 7,49% incidence on total costs of production. ,
whereas the incidence of such costs on sales revenues is equal to 7,72%.
The financial management has a limited
economic impact, equal to -1,45% on the sales.
Financial Data
|
|
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
25.219.540 |
|
Profit (Loss) for the period |
-563.896 |
|
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
25.572.706 |
|
Profit (Loss) for the period |
73.880 |
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
23.308.735 |
|
Profit (Loss) for the period |
4.379.517 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
16.958.836 |
|
Profit (Loss) for the period |
-790.324 |
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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 |
0,12 |
0,53 |
0,52 |
0,29 |
|
Elasticity Ratio |
Units |
0,87 |
0,46 |
0,47 |
0,68 |
|
Availability of stock |
Units |
0,24 |
0,13 |
0,14 |
0,17 |
|
Total Liquidity Ratio |
Units |
0,63 |
0,33 |
0,34 |
0,46 |
|
Quick Ratio |
Units |
0,05 |
0,02 |
0,04 |
0,01 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
0,95 |
0,54 |
0,55 |
2,76 |
|
Self Financing Ratio |
Units |
0,46 |
0,37 |
0,37 |
0,19 |
|
Capital protection Ratio |
Units |
0,61 |
0,68 |
0,60 |
0,73 |
|
Liabilities consolidation quotient |
Units |
0,12 |
1,80 |
1,58 |
0,26 |
|
Financing |
Units |
1,16 |
1,66 |
1,70 |
3,72 |
|
Permanent Indebtedness Ratio |
Units |
0,52 |
0,77 |
0,75 |
0,40 |
|
M/L term Debts Ratio |
Units |
0,06 |
0,40 |
0,39 |
0,14 |
|
Net Financial Indebtedness Ratio |
Units |
0,30 |
1,09 |
0,99 |
1,43 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
4,29 |
1,45 |
1,45 |
1,26 |
|
Current ratio |
Units |
1,82 |
2,07 |
1,94 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,33 |
1,48 |
1,38 |
0,82 |
|
Structure's primary quotient |
Units |
3,81 |
0,70 |
0,71 |
0,66 |
|
Treasury's primary quotient |
Units |
0,10 |
0,10 |
0,17 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
218,68 |
268,03 |
271,67 |
525,76 |
|
Current Capital ( net ) |
Value |
9.806.554 |
10.096.128 |
10.014.433 |
298.138 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
1,28 |
4,62 |
23,75 |
4,68 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
-4,95 |
0,47 |
27,34 |
3,71 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
-3,45 |
1,60 |
27,49 |
13,44 |
|
Return on Investment ( R.O.I. ) |
% |
2,08 |
2,05 |
0,83 |
4,74 |
|
Return/ Sales |
% |
2,06 |
3,40 |
1,56 |
4,15 |
|
Extra Management revenues/charges incid. |
% |
-108,75 |
8,50 |
1207,00 |
21,51 |
|
Cash Flow |
Value |
323.509 |
1.180.241 |
5.536.300 |
185.471 |
|
Operating Profit |
Value |
518.528 |
868.708 |
362.843 |
194.639 |
|
Gross Operating Margin |
Value |
1.405.933 |
1.975.069 |
1.519.626 |
390.334 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
188,97 |
164,66 |
168,13 |
101,01 |
|
Debts to suppliers average term |
Days |
128,52 |
122,78 |
150,84 |
120,12 |
|
Average stock waiting period |
Days |
84,54 |
77,82 |
92,85 |
52,84 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,01 |
0,60 |
0,54 |
1,16 |
|
Rate of stock return |
Units |
4,26 |
4,63 |
3,88 |
6,79 |
|
Labour cost incidence |
% |
7,72 |
7,77 |
8,76 |
15,66 |
|
Net financial revenues/ charges incidence |
% |
-1,45 |
-2,52 |
19,10 |
-1,77 |
|
Labour cost on purchasing expenses |
% |
7,49 |
7,90 |
8,37 |
16,92 |
|
Short-term financing charges |
% |
3,12 |
2,48 |
2,23 |
3,19 |
|
Capital on hand |
% |
98,85 |
166,06 |
186,71 |
85,76 |
|
Sales pro employee |
Value |
536.585 |
412.463 |
485.598 |
226.946 |
|
Labour cost pro employee |
Value |
41.447 |
32.043 |
42.546 |
33.958 |
Market / Territory Data
|
Population living in the province |
: |
831.356 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expenses average in the
region (in Eur..) :
|
- per food products |
: |
456 |
|
- per non food products |
: |
2.052 |
|
- per energy consume |
: |
127 |
Sector Data
The values are calculated on a base of 680
significant companies.
The companies cash their credits on an
average of 101 dd.
The average duration of suppliers debts is
about 120 dd.
The sector's profitability is on an average
of 4,68%.
The labour cost affects the turnover in the
measure of 15,66%.
Goods are held in stock in a range of 53 dd.
The difference between the sales volume and
the resources used to realize it is about 1,16.
The employees costs represent the 16,92% of
the production costs.
Statistical Detrimental Data
Statistically the trade activity shows
periods of crisis.
The area is statistically considered lowly
risky.
In the region 13.782 protested subjects are
found; in the province they count to 2.234.
The insolvency index for the region is 0,30,
, while for the province it is 0,27.
Total Bankrupt companies in the province :
2.546.
Total Bankrupt companies in the region :
16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.53 |
|
UK Pound |
1 |
Rs.100.73 |
|
Euro |
1 |
Rs.83.84 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.