MIRA INFORM REPORT
|
Report Date : |
25.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
SAVIO MACCHINE TESSILI SPA |
|
|
|
|
Registered Office : |
Via 33170 – |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
10.06.2011 |
|
|
|
|
Legal Form : |
Joint stock company with sole shareholder |
|
|
|
|
Line of Business : |
Manufacturer of machinery for textile, apparel and leather industries (including spare parts and accessories) |
|
|
|
|
No. of Employees : |
443 |
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 : |
--- |
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
Savio Macchine Tessili Spa
Via Udine, 105
33170 - Pordenone (PN) -IT-
Summary
|
Fiscal Code |
: |
07477880962 |
|
Legal Form |
: |
Joint stock
company with sole shareholder |
|
start of Activities |
: |
31/12/2011 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
over 129.114.224 |
|
Number of Employees |
: |
443 |
Activity
Manufacture of machinery for textile,
apparel and leather industries
(including spare parts and accessories)
Legal Data
Legal Form : Joint stock company with sole
shareholder
|
Fiscal Code : 07477880962 |
|
Chamber of Commerce no. : 1961365 |
|
Chamber of Commerce no. : 97952 of
Pordenone since 31/12/2011 |
|
V.A.T. Code : 07477880962 |
|
Establishment date |
: 10/06/2011 |
|
|
Start of Activities |
: 31/12/2011 |
|
|
Legal duration |
: 31/12/2100 |
|
|
Nominal Capital |
: 30.000.000 |
|
|
Subscribed Capital |
: 30.000.000 |
|
|
Paid up Capital |
: 30.000.000 |
|
Members
|
|
Lanzavecchia |
Edoardo |
|
|
|
Born in Milano |
(MI) |
on 21/01/1959 |
- Fiscal Code : LNZDRD59A21F205Y |
|
|
|
Residence: |
|
Udine |
, 105 |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
21/12/2011 |
|
|
|
|
No Prejudicial
events are reported |
|
|
Ferrari |
Maurizio |
|
|
|
Born in Milano |
(MI) |
on 04/12/1948 |
- Fiscal Code : FRRMRZ48T04F205Q |
|
|
|
Residence: |
|
Udine |
, 105 |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
21/12/2011 |
|
|
|
Board Chairman |
21/12/2011 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Zanca |
Renato |
|
|
|
Born in Toscolano Maderno |
(BS) |
on 23/03/1946 |
- Fiscal Code : ZNCRNT46C23L312U |
|
|
|
Residence: |
|
Udine |
, 105 |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2013 |
|
|
|
|
Puntoni |
Paolo |
|
|
|
Born in Livorno |
(LI) |
on 25/01/1946 |
- Fiscal Code : PNTPLA46A25E625K |
|
|
|
Residence: |
|
Interna |
, 26 |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
28/02/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Piccin |
Michele |
|
|
|
Born in Pordenone |
(PN) |
on 30/04/1959 |
- Fiscal Code : PCCMHL59D30G888F |
|
|
|
Residence: |
|
Revedole |
, 3/C |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
28/02/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Zin |
Mirco |
|
|
|
Born in Pordenone |
(PN) |
on 27/09/1956 |
- Fiscal Code : ZNIMRC56P27G888O |
|
|
|
Residence: |
|
Carnia |
, 10 |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
28/02/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Cucchetto |
Lorenzo |
|
|
|
Born in Treviso |
(TV) |
on 25/08/1952 |
- Fiscal Code : CCCLNZ52M25L407X |
|
|
|
Residence: |
|
Sartori Regolo |
, 41 |
- 37024 |
Negrar |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
21/12/2011 |
|
|
|
Managing Director |
21/12/2011 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Secchi |
Maurizio |
|
|
|
Born in Bergamo |
(BG) |
on 06/07/1956 |
- Fiscal Code : SCCMRZ56L06A794H |
|
|
|
Residence: |
|
Carpiane |
, 3 |
- 24030 |
Mozzo |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
28/02/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Badiali |
Roberto |
|
|
|
Born in Russi |
(RA) |
on 01/12/1953 |
- Fiscal Code : BDLRRT53T01H642I |
|
|
|
Residence: |
|
G. Carducci |
, 1/A |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
31/07/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests registered |
|
|
Marani |
Paolo |
|
|
|
Born in Bologna |
(BO) |
on 20/02/1964 |
- Fiscal Code : MRNPLA64B20A944A |
|
|
|
Residence: |
|
Delle Acacie |
, 10 |
- 33080 |
Porcia |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
28/02/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Moro |
Mauro |
|
|
|
Born in Pordenone |
(PN) |
on 30/04/1964 |
- Fiscal Code : MROMRA64D30G888S |
|
|
|
Residence: |
|
V. Cadel |
, 31/A |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
31/07/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
De Simoni |
Marco |
|
|
|
Born in Perugia |
(PG) |
on 04/04/1972 |
- Fiscal Code : DSMMRC72D04G478L |
|
|
|
Residence: |
|
Udine |
, 105 |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
21/12/2011 |
|
|
|
|
Pippolo |
Valentina |
|
|
|
Born in Maniago |
(PN) |
on 11/04/1980 |
- Fiscal Code : PPPVNT80D51E889I |
|
|
|
Residence: |
|
Udine |
, 105 |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
21/12/2011 |
|
|
|
|
Morani |
Rino Siro |
|
|
|
Born in Pavia |
(PV) |
on 09/09/1937 |
- Fiscal Code : MRNRSR37P09G388X |
|
|
|
Residence: |
|
Franck |
, 10 |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
28/02/2012 |
|
|
|
Director |
30/03/2012 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Bernardi |
Marco |
|
|
|
Born in Pisa |
(PI) |
on 15/09/1975 |
- Fiscal Code : BRNMRC75P15G70NL |
|
|
|
Residence: |
|
Carlo Goldoni |
, 41 |
- 20129 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/03/2012 |
|
|
|
|
Itaca Finance
S.a.r.l. |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
|
|
|
|
|
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.
|
|
Ferrari |
Maurizio |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Iaber S.p.a |
Lecco (LC) - IT - |
00205100134 |
Director |
Withdrawn |
Merged |
|
Castelgarden S.p.a. |
Castelfranco Veneto (TV) - IT - |
01759660267 |
Chairman |
Withdrawn |
Merged |
|
Castelgarden S.p.a. |
Castelfranco Veneto (TV) - IT - |
01759660267 |
Managing
Director |
Withdrawn |
Merged |
|
GARDEN ITALIA S.R.L. |
Rottofreno (PC) - IT - |
00237620331 |
Chairman |
Withdrawn |
Registered |
|
Gruppo Riello S.p.a. |
Legnago (VR) - IT - |
01228910236 |
Director |
Withdrawn |
Merged |
|
Permasteelisa S.p.a. |
Vittorio Veneto (TV) - IT - |
01774600264 |
Director |
Withdrawn |
Registered |
|
Cifa Mixers Srl |
Castiglione delle Stiviere (MN) - IT - |
01565410204 |
Director |
Withdrawn |
Registered |
|
Cifa Mixers Srl |
Castiglione delle Stiviere (MN) - IT - |
01565410204 |
Managing
Director |
Withdrawn |
Registered |
|
Guerrino Pivato - S.p.a. |
Fonte (TV) - IT - |
01171860263 |
Director |
Withdrawn |
Composition with
creditors |
|
Carpenteria S. Fermo S.r.l. |
Bergamo (BG) - IT - |
00251980165 |
Director |
Withdrawn |
Ceased |
|
Carpenteria S. Fermo S.r.l. |
Bergamo (BG) - IT - |
00251980165 |
Board Chairman |
Withdrawn |
Ceased |
|
Bema - S.r.l. |
Senago (MI) - IT - |
01945620126 |
Managing
Director |
Withdrawn |
Ceased |
|
Bema - S.r.l. |
Senago (MI) - IT - |
01945620126 |
Director |
Withdrawn |
Ceased |
|
Fermac S.r.l. |
Senago (MI) - IT - |
10337400153 |
Director |
Withdrawn |
Ceased |
|
Cifa Plants Srl |
Senago (MI) - IT - |
10337380157 |
Director |
Withdrawn |
Registered |
|
Cifa Plants Srl |
Senago (MI) - IT - |
10337380157 |
Managing
Director |
Withdrawn |
Registered |
|
Cifa Plants Srl |
Senago (MI) - IT - |
10337380157 |
Board Chairman |
Withdrawn |
Registered |
|
Cifa Pumps Srl |
Senago (MI) - IT - |
10388910159 |
Director |
Withdrawn |
Registered |
|
Cifa Tunnelling Srl |
Senago (MI) - IT - |
01365160207 |
Director |
Withdrawn |
Registered |
|
Cifa Tunnelling Srl |
Senago (MI) - IT - |
01365160207 |
Board Chairman |
Withdrawn |
Registered |
|
Sitra - S.r.l. |
Castiglione delle Stiviere (MN) - IT - |
01809190174 |
Director |
Withdrawn |
Registered |
|
Sitra - S.r.l. |
Castiglione delle Stiviere (MN) - IT - |
01809190174 |
Board Chairman |
Withdrawn |
Registered |
|
R.b.l. Riello Bruciatori Legnago S.p.a. |
Legnago (VR) - IT - |
01942700236 |
Director |
Withdrawn |
Merged |
|
Savio Macchine Tessili S.p.a. |
Pordenone (PN) - IT - |
01291010930 |
Director |
Withdrawn |
Registered |
|
Savio Macchine Tessili S.p.a. |
Pordenone (PN) - IT - |
01291010930 |
Board Chairman |
Withdrawn |
Registered |
|
Dicomac Spa |
Senago (MI) - IT - |
01922140122 |
Director |
Withdrawn |
Ceased |
|
Castelgarden S.p.a. |
Castelfranco Veneto (TV) - IT - |
11699240153 |
Managing
Director |
Withdrawn |
Merged |
|
Castelgarden S.p.a. |
Castelfranco Veneto (TV) - IT - |
11699240153 |
Director |
Withdrawn |
Merged |
|
Castelgarden S.p.a. |
Castelfranco Veneto (TV) - IT - |
11699240153 |
Board Chairman |
Withdrawn |
Merged |
|
Immobiliare Galassia S.r.l. |
Castelfranco Veneto (TV) - IT - |
80002750265 |
Sole Director |
Withdrawn |
Ceased |
|
Carpenteria S. Antonio Spa |
Senago (MI) - IT - |
02500420167 |
Director |
Withdrawn |
Registered |
|
Carpenteria S. Antonio Spa |
Senago (MI) - IT - |
02500420167 |
Board Chairman |
Withdrawn |
Registered |
|
Maufer S.r.l. |
Castelfranco Veneto (TV) - IT - |
03025010269 |
Liquidator |
Withdrawn |
Ceased |
|
Mincio Impianti - S.r.l. |
Solferino (MN) - IT - |
01662100203 |
Director |
Withdrawn |
Ceased |
|
Mincio Impianti - S.r.l. |
Solferino (MN) - IT - |
01662100203 |
Board Chairman |
Withdrawn |
Ceased |
|
Compagnia Italiana Forme Acciaio S.p.a Od In
Forma Abbreviata Cifa S.p.a. |
Senago (MI) - IT - |
01795920204 |
Director |
Withdrawn |
Ceased |
|
Compagnia Italiana Forme Acciaio S.p.a Od
In Forma Abbreviata Cifa S.p.a. |
Senago (MI) - IT - |
01795920204 |
Board Chairman |
Withdrawn |
Ceased |
|
Riello S.p.a. |
Legnago (VR) - IT - |
02641790239 |
Director |
Withdrawn |
Registered |
|
Alpina Professional E Garden S.p.a. |
San Vendemiano (TV) - IT - |
00899010268 |
Director |
Withdrawn |
Ceased |
|
Alpina Professional E Garden S.p.a. |
San Vendemiano (TV) - IT - |
00899010268 |
Board Chairman |
Withdrawn |
Ceased |
|
Cinquedi S.p.a. |
Milano (MI) - IT - |
12792900156 |
Director |
Withdrawn |
Ceased |
|
Cinquedi S.p.a. |
Milano (MI) - IT - |
12792900156 |
Managing
Director |
Withdrawn |
Ceased |
|
Cinquedi S.p.a. |
Milano (MI) - IT - |
12792900156 |
Board Chairman |
Withdrawn |
Ceased |
|
Tk S.p.a. |
Milano (MI) - IT - |
03628860284 |
Director |
Withdrawn |
Ceased |
|
Compagnia Italiana Forme Acciaio S.p.a.o
Cifa S.p.A. |
Senago (MI) - IT - |
02693100121 |
Director |
Withdrawn |
Registered |
|
Compagnia Italiana Forme Acciaio S.p.a.o
Cifa S.p.A. |
Senago (MI) - IT - |
02693100121 |
Managing
Director |
Withdrawn |
Registered |
|
Compagnia Italiana Forme Acciaio S.p.a.o
Cifa S.p.A. |
Senago (MI) - IT - |
02693100121 |
Board Chairman |
Withdrawn |
Registered |
|
|
Cucchetto |
Lorenzo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Eutron S.p.a. |
Treviolo (BG) - IT - |
01805190160 |
Director |
Active |
Registered |
|
Eutron S.p.a. |
Treviolo (BG) - IT - |
01805190160 |
Board Chairman |
Active |
Registered |
|
Mesdan S.p.a. |
Puegnago Sul Garda (BS) - IT - |
00556520179 |
Director |
Active |
Registered |
|
Mesdan S.p.a. |
Puegnago Sul Garda (BS) - IT - |
00556520179 |
Board Chairman |
Active |
Registered |
|
Savio Macchine Tessili S.p.a. |
Pordenone (PN) - IT - |
01291010930 |
Director |
Withdrawn |
Registered |
|
Savio Macchine Tessili S.p.a. |
Pordenone (PN) - IT - |
01291010930 |
General Director |
Withdrawn |
Registered |
|
Savio Macchine Tessili S.p.a. |
Pordenone (PN) - IT - |
01291010930 |
Managing
Director |
Withdrawn |
Registered |
|
Promatech S.p.a. |
Colzate (BG) - IT - |
02770010169 |
Director |
Withdrawn |
Merged |
|
Promatech S.p.a. |
Colzate (BG) - IT - |
02770010169 |
Attorney with
special power |
Withdrawn |
Merged |
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 |
|
Itaca Finance S.a.r.l. |
|
|
|
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 |
|
Eutron S.p.a. |
Treviolo - IT - |
01805190160 |
|
100,00 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the
firm uses the following locations:
|
- |
Legal and
operative seat |
|
|
|
|
|
|
|
Udine |
, 105 |
- 33170 |
- Pordenone |
(PN) |
- IT - |
|
|
|
|
Employees |
: 443 |
|
Fittings and Equipment for a value of
16.720.000 |
Eur |
|
Stocks for a value of 17.750.000 |
Eur |
|
|
Historical Information and/or Firm's Status
EX-MEMBERS /
EX-POSITIONS:
|
|
Itaca Finance
S.a. |
|
|
|
|
Ex-Postions |
|
Sole partner |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of
merging by taking over of |
|
|
|
|
|
|
|
|
Udine |
, 105 |
, 33170 |
, Pordenone |
(PN) |
- IT - |
|
|
|
Fiscal Code: 01291010930 |
|
|
|
Date |
Merging/splitting-up project: |
29/11/2011 |
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The firm
absorbed by merging of |
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Udine |
, 105 |
, 33170 |
, Pordenone |
(PN) |
- IT - |
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Fiscal Code: 01291010930 |
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Date |
: |
21/12/2011 |
Protests
Protests checking on the subject firm has
given a negative result.
Data Base Prejudicial Events
Search
Search performed on a National Scale
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|
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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 some years ago (2011).
On the base of the latest 2 financial
accounts, an economic-financial analysis has been developped.
During the last years, it recorded positive
net results (r.o.e. 13,95% in 2012)
The operating result was positive in the
last financial year (4,64%) falling within the field's average.
The amount of the operating result is equal
to Eur. 19.379.939 with a -55,76% drop.
The G.O.M. amounted to Eur. 45.833.994 with
no sensible increase as against 2011.
Very good financial situation: shareholder's
equity covers short-terms debts with an indebtedness level equal to 0,29 lower
than in 2011.
It's shareholders funds amount to Eur.
197.513.565 on stable levels.
Total debts recorded amounted to Eur. 197.764.456
(Eur. 119.675.123 of which were m/l term debts) as opposed to Eur. 258.099.625
in 2011, with a decrease equal to -23,37%.
Moderate recourse to bank credit while the
exposure towards suppliers is rather high but lined up with the field's
average.
The available funds are good.
Accounts receivable average term is 56,25
days. , that compared to the sector's average is shorter.
As far as the cash flow is concerned during
the latest financial year it amounted to Eur. 53.921.946
Labour cost expenses amount to Eur.
23.237.967 , representing 10,16% on the total of production costs. , with a
9,45% incidence on turnover.
Financial incomes cover financial charges.
Financial Data
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Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
245.968.215 |
|
Profit (Loss) for the period |
27.556.891 |
|
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
298.881.795 |
|
Profit (Loss) for the period |
42.956.674 |
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 |
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RATIOS |
Value
Type |
as at 31/12/2012 |
as at 31/12/2011 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
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|
|
|
|
Rigidity Ratio |
Units |
0,78 |
0,77 |
0,18 |
|
Elasticity Ratio |
Units |
0,22 |
0,23 |
0,80 |
|
Availability of stock |
Units |
0,04 |
0,05 |
0,24 |
|
Total Liquidity Ratio |
Units |
0,18 |
0,18 |
0,48 |
|
Quick Ratio |
Units |
0,05 |
0,04 |
0,03 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
Net Short-term indebtedness |
Units |
0,29 |
0,60 |
3,25 |
|
Self Financing Ratio |
Units |
0,47 |
0,38 |
0,19 |
|
Capital protection Ratio |
Units |
0,71 |
0,57 |
0,63 |
|
Liabilities consolidation quotient |
Units |
1,61 |
1,17 |
0,19 |
|
Financing |
Units |
1,00 |
1,52 |
3,80 |
|
Permanent Indebtedness Ratio |
Units |
0,77 |
0,69 |
0,36 |
|
M/L term Debts Ratio |
Units |
0,30 |
0,32 |
0,11 |
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Net Financial Indebtedness Ratio |
Units |
0,51 |
0,77 |
0,63 |
|
CORRELATION |
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Fixed assets ratio |
Units |
1,00 |
0,90 |
1,75 |
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Current ratio |
Units |
1,20 |
0,85 |
1,21 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,97 |
0,66 |
0,81 |
|
Structure's primary quotient |
Units |
0,61 |
0,49 |
1,03 |
|
Treasury's primary quotient |
Units |
0,26 |
0,17 |
0,06 |
|
Rate of indebtedness ( Leverage ) |
% |
211,67 |
266,26 |
516,42 |
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Current Capital ( net ) |
Value |
15.530.975 |
-17.889.122 |
422.465 |
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RETURN |
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|
|
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Return on Sales |
% |
21,92 |
17,43 |
3,35 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
13,95 |
25,28 |
5,13 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
17,50 |
39,12 |
14,77 |
|
Return on Investment ( R.O.I. ) |
% |
4,64 |
9,68 |
4,16 |
|
Return/ Sales |
% |
7,88 |
14,66 |
4,11 |
|
Extra Management revenues/charges incid. |
% |
142,19 |
98,04 |
28,57 |
|
Cash Flow |
Value |
53.921.946 |
52.104.401 |
122.482 |
|
Operating Profit |
Value |
19.379.939 |
43.814.403 |
144.752 |
|
Gross Operating Margin |
Value |
45.833.994 |
53.689.130 |
241.990 |
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MANAGEMENT |
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|
|
|
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Credits to clients average term |
Days |
56,25 |
44,23 |
111,85 |
|
Debts to suppliers average term |
Days |
118,12 |
120,55 |
128,30 |
|
Average stock waiting period |
Days |
25,98 |
28,80 |
80,43 |
|
Rate of capital employed return ( Turnover
) |
Units |
0,59 |
0,66 |
1,08 |
|
Rate of stock return |
Units |
13,86 |
12,50 |
4,45 |
|
Labour cost incidence |
% |
9,45 |
7,39 |
19,12 |
|
Net financial revenues/ charges incidence |
% |
6,10 |
7,59 |
-1,08 |
|
Labour cost on purchasing expenses |
% |
10,16 |
8,48 |
19,02 |
|
Short-term financing charges |
% |
10,61 |
8,23 |
2,68 |
|
Capital on hand |
% |
169,97 |
151,41 |
91,91 |
|
Sales pro employee |
Value |
552.737 |
433.162 |
198.432 |
|
Labour cost pro employee |
Value |
52.220 |
32.022 |
35.779 |
Market / Territory Data
|
Population living in the province |
: |
297.699 |
|
Population living in the region |
: |
1.204.718 |
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Number of families in the region |
: |
516.349 |
Monthly family expenses average in the
region (in Eur..) :
|
- per food products |
: |
377 |
|
- per non food products |
: |
1.727 |
|
- per energy consume |
: |
114 |
Sector Data
The values are calculated on a base of 1.206
significant companies.
The companies cash their credits on an
average of 112 dd.
The average duration of suppliers debts is
about 128 dd.
The sector's profitability is on an average
of 3,35%.
The labour cost affects the turnover in the
measure of 19,12%.
Goods are held in stock in a range of 80 dd.
The difference between the sales volume and
the resources used to realize it is about 1,08.
The employees costs represent the 19,02% 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 3.901 protested subjects are
found; in the province they count to 695.
The insolvency index for the region is 0,33,
, while for the province it is 0,24.
Total Bankrupt companies in the province :
1.260.
Total Bankrupt companies in the region :
5.085.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.18 |
|
UK Pound |
1 |
Rs.103.38 |
|
Euro |
1 |
Rs.85.09 |
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 |
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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.