MIRA
INFORM REPORT
|
Report Date : |
12.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
NETTUNO ALIMENTARI - S.P.A. |
|
|
|
|
Registered Office : |
Corso Italia, 995, 21042 - Caronno Pertusella (VA) |
|
|
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|
Country : |
|
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|
|
|
Financials (as on) : |
30.06.2013 |
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Date of Incorporation : |
05.05.1982 |
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|
Legal Form : |
Joint stock company |
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|
Line of Business : |
Non-specialised wholesale of food, beverages and tobacco |
|
|
|
|
No. of Employees : |
30 |
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
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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
NETTUNO ALIMENTARI - S.P.A.
|
Corso |
Italia, |
995 |
|
21042 |
- Caronno Pertusella |
(VA) |
-IT- |
Summary
|
Fiscal Code |
: |
01321140129 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
01/12/1984 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
50.000.000/75.000.000 |
|
Number of Employees |
: |
from 26 to 35 |
Activity
Non-specialised wholesale of food, beverages and tobacco
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 01321140129 |
|
Foreign Trade Reg. no. : VA000300 since 21/11/1991 |
|
Chamber of Commerce no. : 1378637 of Milano |
|
Chamber of Commerce no. : 1065550 of Roma |
|
Chamber of Commerce no. : 173089 of Varese since 01/07/1982 |
|
Firms' Register : VA026-14636 of Varese since 19/02/1996 |
|
V.A.T. Code : 01321140129 |
|
Foundation date |
: 05/05/1982 |
|
|
Establishment date |
: 05/05/1982 |
|
|
Start of Activities |
: 01/12/1984 |
|
|
Legal duration |
: 31/12/2100 |
|
|
Nominal Capital |
: 5.300.000 |
|
|
Subscribed Capital |
: 5.300.000 |
|
|
Paid up Capital |
: 5.300.000 |
|
Members
|
|
Betti |
Luca |
|
|
|
Born in Milano |
(MI) |
on 09/10/1954 |
- Fiscal Code : BTTLCU54R09F205I |
|
|
|
Residence: |
|
Montebello |
, 3 |
- 21030 |
Casalzuigno |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
13/12/2013 |
|
|
|
Director |
15/12/2010 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Crocella |
Andrea |
|
|
|
Born in Tradate |
(VA) |
on 21/04/1957 |
- Fiscal Code : CRCNDR57D21L319D |
|
|
|
Residence: |
|
Leoncavallo |
, 17 |
- 21049 |
Tradate |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
13/12/2013 |
|
|
|
|
Crocella |
Barbara |
|
|
|
Born in Tradate |
(VA) |
on 04/01/1955 |
- Fiscal Code : CRCBBR55A44L319N |
|
|
|
Residence: |
|
Chopin |
, 2 |
- 21049 |
Tradate |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
13/12/2013 |
|
|
|
|
Crocella |
Paolo |
|
|
|
Born in Tradate |
(VA) |
on 06/08/1963 |
- Fiscal Code : CRCPLA63M06L319H |
|
|
|
Residence: |
|
Bernacchi |
, 120/A |
- 21049 |
Tradate |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
13/12/2013 |
|
|
|
|
Angelo |
Gaetano |
|
|
|
Born in Salemi |
(TP) |
on 28/04/1953 |
- Fiscal Code : NGLGTN53D28H700C |
|
|
|
Residence: |
|
L. Pomini |
, 5 |
- 21053 |
Castellanza |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
13/12/2013 |
|
|
|
|
Compagnia Fiduciaria Nazionale S.p.a. |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
Companies connected to members *
*checkings have been performed on a national scale.
In this module the companies in which members hold/held positions are
listed.
The Members of the subject firm are not reported to be Members in other
companies.
Capital Shareholders
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Betti Luca |
Casalzuigno - IT - |
BTTLCU54R09F205I |
795.000 .Eur |
15,00 |
|
Crocella Andrea |
Tradate - IT - |
CRCNDR57D21L319D |
530.000 .Eur |
10,00 |
|
Crocella Barbara |
Tradate - IT - |
CRCBBR55A44L319N |
795.000 .Eur |
15,00 |
|
Compagnia Fiduciaria Nazionale S.p.a. |
|
00724870159 |
2.120.000 .Eur |
40,00 |
|
Comitalia Spa |
|
06385000150 |
1.060.000 .Eur |
20,00 |
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 |
|
Bac Freezing - S.r.l. |
Caronno Pertusella - IT - |
01981190125 |
53.239 .Eur |
44,44 |
|
|
Active |
|
Varese Nel Cuore S.c. A R.l. |
|
03175380124 |
1.000 .Eur |
0,98 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
since 30/01/1989 |
|
|
|
|
|
|
Italia |
, 995 |
- 21042 |
- Caronno Pertusella |
(VA) |
- IT - |
|
|
|
|
PHONE |
: 0331518091 |
|
|
|
|
FAX |
: 0331516895 |
|
- |
Branch |
(Store) |
since 11/11/1991 |
|
|
|
|
|
|
I Maggio |
, 20 |
- 20028 |
- San Vittore Olona |
(MI) |
- IT - |
|
|
|
|
Employees |
: 30 |
|
Fittings and Equipment for a value of 1.040.000 |
Eur |
|
Stocks for a value of 10.640.000 |
Eur |
The firm has a direct commercial organization
Sales are on local and provincial scale
Transports are mainly done using own vehicles and third parties ones
The company sells mainly to retailers and local consumers
|
|
To purchase foreign products the firm uses the following channels :
|
- direct orders to foreign companies |
Subject generally proposes terms of sale between 30 and 60 days.
Main sales modalities: issue cheques and bank transfers.
Purchase terms: 60-90-120 days.
Subject usually pays by IDR, cash orders and drafts.
Import comes generally from the following nations:
|
- Belgium |
|
- Italy |
|
- France |
|
- Great Britain |
|
- Austria |
Historical Information and/or
Firm's Status
EX-MEMBERS / EX-POSITIONS:
|
|
Betti |
Luca |
|
|
|
Born in Milano |
(MI) |
on 09/10/1954 |
- Fiscal Code : BTTLCU54R09F205I |
|
|
|
Residence: |
|
Montebello |
, 3 |
- 21030 |
Casalzuigno |
(VA) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
|
Zaffaroni |
Guido Giorgio |
|
|
|
Born in Milano |
(MI) |
on 17/01/1958 |
- Fiscal Code : ZFFGGR58A17F205M |
|
|
|
Residence: |
|
Canova |
, 23 |
- 20145 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Rosio |
Vincenzo |
|
|
|
Born in Saronno |
(VA) |
on 27/03/1943 |
- Fiscal Code : RSOVCN43C27I441D |
|
|
|
Residence: |
|
Marconi |
, 45 |
- 21047 |
Saronno |
(VA) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
De Nobili |
Pietro |
|
|
|
Born in Venezia |
(VE) |
on 20/09/1927 |
- Fiscal Code : DNBPTR27P20L736A |
|
|
|
Residence: |
|
Gnocchi Don Carlo |
, 28 |
- 20148 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Sangiorgi |
Renzo |
|
|
|
Born in Portomaggiore |
(FE) |
on 29/08/1946 |
- Fiscal Code : SNGRNZ46M29G916T |
|
|
|
Residence: |
|
Monte Bianco |
, 9 |
- 21040 |
Origgio |
(VA) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Gnecchi Ruscone |
Stefano |
|
|
|
Born in Milano |
(MI) |
on 30/07/1931 |
- Fiscal Code : GNCSFN31L30F205M |
|
|
|
Residence: |
|
Della Chiesa |
, 4 |
- 26020 |
Agnadello |
(CR) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
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 |
|
Banco di Brescia |
|
|
|
|
|
|
Financial and Economical Analysis
Company's starting of activities dates back to 1984.
An eco-fin analysis has been made on the base od the b/s fo the years
2011, 2012 and 2013.
Under an economic point of view, profits were registered during the last
years with a r.o.e. of 1,63% in 2013
The operating result was positive in the last financial year (2,93%)
falling within the field's average.
The amount of the operating result for the year 2013 is of Eur.
1.148.718 on stable levels if compared to the previous year.
The gross operating margin of the latest financial year is of Eur.
1.791.366 ,with no change if compared to the year before.
The financial position is not well balanced as the volume of debts is
fairly remarkable if compared to shareholder's equity, in fact total debts are
5,2 but on the decrease if compared to the year before.
Subject can manage an equity capital funds for an amount of Eur.
5.658.166 , stable in comparison with the value of the previous year.
During the last financial year total debts volume reached Eur.
31.236.038 (Eur. 1.126.130 were m/l term ones) on the same levels as the year
before.
Bank borrowings' volume is slightly high but the recourse to suppliers'
credit is modest below the sector's average.
The liquidity level is positive (1,04).
As far as the collection of credit goes, the average is high (109,93
days). even higher than the average of the specific sector.
Eur. 734.855 is the value of cash flow during the year 2013
Labour cost amounts to Eur. 1.171.799, with a 1,97% incidence on
production costs. and a 1,94% incidence on sales volumes.
Limited financial charges in relation to sales volume.
Financial Data
|
|
|
Complete balance-sheet for the year |
al 30/06/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
60.396.809 |
|
Profit (Loss) for the period |
92.207 |
|
|
|
Complete balance-sheet for the year |
al 30/06/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
68.260.165 |
|
Profit (Loss) for the period |
63.147 |
|
|
|
Complete balance-sheet for the year |
al 30/06/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
69.775.552 |
|
Profit (Loss) for the period |
417.067 |
|
|
|
Complete balance-sheet for the year |
al 30/06/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
57.134.437 |
|
Profit (Loss) for the period |
72.246 |
|
|
|
Complete balance-sheet for the year |
al 30/06/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
58.109.150 |
|
Profit (Loss) for the period |
147.375 |
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 30/06/2013 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 30/06/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 30/06/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
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|
|
|
PROFIT AND LOSS ACCOUNTS |
|
VALUE OF PRODUCTION |
|
|
|
|
. Revenues from sales and services |
60.396.809 |
68.260.165 |
69.775.552 |
|
. Changes in work in progress |
|
|
|
|
. Changes in semi-manufact. products |
|
|
|
|
. Capitalization of internal work |
|
|
|
|
. Other income and revenues |
317.699 |
1.207.775 |
713.529 |
|
. . Contributions for operating expenses |
72.838 |
|
|
|
. . Different income and revenues |
244.861 |
1.207.775 |
713.529 |
|
Total value of production |
60.714.508 |
69.467.940 |
70.489.081 |
|
PRODUCTION COSTS |
|
|
|
|
. Raw material,other materials and consum. |
48.992.818 |
59.589.065 |
61.490.754 |
|
. Services received |
6.535.863 |
8.169.077 |
|
|
. Leases and rentals |
4.800 |
4.800 |
7.909.818 |
|
. Payroll and related costs |
1.171.799 |
1.127.596 |
1.095.260 |
|
. . Wages and salaries |
855.598 |
821.498 |
798.248 |
|
. . Social security contributions |
253.496 |
239.895 |
238.535 |
|
. . Employee termination indemnities |
62.306 |
62.501 |
58.005 |
|
. . Pension and similar |
|
|
|
|
. . Other costs |
399 |
3.702 |
472 |
|
. Amortization and depreciation |
642.648 |
692.372 |
626.790 |
|
. . Amortization of intangible fixed assets |
24.760 |
40.297 |
32.161 |
|
. . Amortization of tangible fixed assets |
520.063 |
539.613 |
484.578 |
|
. . Depreciation of tangible fixed assets |
|
|
|
|
. . Writedown of current receiv.and of liquid |
97.825 |
112.462 |
110.051 |
|
. Changes in raw materials |
2.061.608 |
-1.535.481 |
-2.366.438 |
|
. Provisions to risk reserves |
|
|
|
|
. Other provisions |
|
|
|
|
. Other operating costs |
156.254 |
331.683 |
404.243 |
|
Total production costs |
59.565.790 |
68.379.112 |
69.160.427 |
|
Diff. between value and cost of product. |
1.148.718 |
1.088.828 |
1.328.654 |
|
FINANCIAL INCOME AND EXPENSE |
|
|
|
|
. Income from equity investments |
|
76.500 |
|
|
. . In subsidiary companies |
|
|
|
|
. . In associated companies |
|
|
|
|
. . In other companies |
|
|
|
|
. Other financial income |
2.550 |
1.102 |
1.276 |
|
. . Financ.income from receivables |
|
|
|
|
. . . Towards subsidiary companies |
|
|
|
|
. . . Towards associated companies |
|
|
|
|
. . . Towards holding companies |
|
|
|
|
. . . Towards other companies |
|
|
|
|
. . Financ.income from secur. t.f.assets |
|
|
|
|
. . Financ.income from secur. cur.assets |
|
|
|
|
. . Financ.income other than the above |
|
|
1.276 |
|
. . . - Subsidiary companies |
|
|
|
|
. . . - Associated companies |
|
|
|
|
. . . - Holding companies |
|
|
|
|
. . . - Other companies |
|
|
1.276 |
|
. Interest and other financial expense |
-880.010 |
-868.673 |
-522.101 |
|
. . Towards subsidiary companies |
|
|
|
|
. . Towards associated companies |
|
|
|
|
. . Towards holding companies |
|
|
|
|
. . Towards other companies |
|
|
522.101 |
|
Total financial income and expense |
-877.460 |
-791.071 |
-520.825 |
|
ADJUSTMENTS TO FINANCIAL ASSETS |
|
|
|
|
. Revaluations |
|
|
|
|
. . Of equity investments |
|
|
|
|
. . Of financ.fixed assets not repres.E.I. |
|
|
|
|
. . Of securities incl.among current assets |
|
|
|
|
. Devaluation |
|
|
|
|
. . Of equity investments |
|
|
|
|
. . Of financial fixed assets (no equity inv) |
|
|
|
|
. . Of securities included among current ass |
|
|
|
|
Total adjustments to financial assets |
|
|
|
|
EXTRAORDINARY INCOME AND EXPENSE |
|
|
|
|
. Extraordinary income |
|
|
4 |
|
. . Gains on disposals |
|
|
|
|
. . Other extraordinary income |
|
|
4 |
|
. Extraordinary expense |
-1 |
-26.622 |
|
|
. . Losses on disposals |
|
|
|
|
. . Taxes relating to prior years |
|
-23.682 |
|
|
. . Other extraordinary expense |
-1 |
-2.940 |
|
|
Total extraordinary income and expense |
-1 |
-26.622 |
4 |
|
Results before income taxes |
271.257 |
271.135 |
807.833 |
|
. Taxes on current income |
179.050 |
207.988 |
390.766 |
|
. . current taxes |
286.933 |
338.749 |
409.161 |
|
. . differed taxes(anticip.) |
-107.883 |
-130.761 |
-18.395 |
|
. Net income for the period |
92.207 |
63.147 |
417.067 |
|
. Adjustments in tax regulations pursuance |
|
|
|
|
. Provisions in tax regulations pursuance |
|
|
|
|
. Profit (loss) of the year |
92.207 |
63.147 |
417.067 |
|
RATIOS |
Value Type |
as
at 30/06/2013 |
as
at 30/06/2012 |
as
at 30/06/2011 |
Sector
Average |
|
COMPOSITION ON INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,20 |
0,19 |
0,19 |
0,13 |
|
Elasticity Ratio |
Units |
0,80 |
0,81 |
0,80 |
0,85 |
|
Availability of stock |
Units |
0,27 |
0,29 |
0,27 |
0,16 |
|
Total Liquidity Ratio |
Units |
0,53 |
0,52 |
0,54 |
0,62 |
|
Quick Ratio |
Units |
0,02 |
0,00 |
0,00 |
0,03 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
5,20 |
6,23 |
5,97 |
5,02 |
|
Self Financing Ratio |
Units |
0,14 |
0,13 |
0,13 |
0,13 |
|
Capital protection Ratio |
Units |
0,05 |
0,04 |
0,51 |
0,58 |
|
Liabilities consolidation quotient |
Units |
0,05 |
0,04 |
0,04 |
0,10 |
|
Financing |
Units |
5,52 |
6,43 |
6,18 |
6,17 |
|
Permanent Indebtedness Ratio |
Units |
0,18 |
0,16 |
0,16 |
0,25 |
|
M/L term Debts Ratio |
Units |
0,04 |
0,03 |
0,03 |
0,07 |
|
Net Financial Indebtedness Ratio |
Units |
3,64 |
3,97 |
3,53 |
1,16 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
0,92 |
0,86 |
0,84 |
1,57 |
|
Current ratio |
Units |
1,04 |
1,03 |
1,02 |
1,09 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,69 |
0,66 |
0,68 |
0,85 |
|
Structure's primary quotient |
Units |
0,73 |
0,68 |
0,68 |
0,96 |
|
Treasury's primary quotient |
Units |
0,02 |
0,00 |
0,01 |
0,05 |
|
Rate of indebtedness ( Leverage ) |
% |
693,95 |
789,64 |
760,43 |
743,68 |
|
Current Capital ( net ) |
Value |
1.181.500 |
893.332 |
658.176 |
70.465 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
1,22 |
1,11 |
1,50 |
1,66 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
1,63 |
1,13 |
7,58 |
6,68 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
4,79 |
4,87 |
14,68 |
19,39 |
|
Return on Investment ( R.O.I. ) |
% |
2,93 |
2,48 |
3,18 |
3,84 |
|
Return/ Sales |
% |
1,90 |
1,60 |
1,90 |
2,16 |
|
Extra Management revenues/charges incid. |
% |
8,03 |
5,80 |
31,39 |
28,56 |
|
Cash Flow |
Value |
734.855 |
755.519 |
1.043.857 |
48.046 |
|
Operating Profit |
Value |
1.148.718 |
1.088.828 |
1.328.654 |
59.910 |
|
Gross Operating Margin |
Value |
1.791.366 |
1.781.200 |
1.955.444 |
99.701 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
109,93 |
108,60 |
105,49 |
86,56 |
|
Debts to suppliers average term |
Days |
59,92 |
67,84 |
70,45 |
100,32 |
|
Average stock waiting period |
Days |
63,42 |
66,98 |
57,61 |
31,97 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,54 |
1,55 |
1,67 |
1,82 |
|
Rate of stock return |
Units |
5,68 |
5,37 |
6,25 |
11,18 |
|
Labour cost incidence |
% |
1,94 |
1,65 |
1,57 |
5,95 |
|
Net financial revenues/ charges incidence |
% |
-1,45 |
-1,16 |
-0,75 |
-0,81 |
|
Labour cost on purchasing expenses |
% |
1,97 |
1,65 |
1,58 |
5,95 |
|
Short-term financing charges |
% |
2,82 |
2,43 |
1,54 |
2,18 |
|
Capital on hand |
% |
65,01 |
64,39 |
59,97 |
54,67 |
|
Sales pro employee |
Value |
1.677.689 |
2.275.338 |
2.052.222 |
507.074 |
|
Labour cost pro employee |
Value |
32.549 |
37.586 |
32.213 |
32.650 |
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 |
: |
|
Monthly 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 5.101 significant companies.
The companies cash their credits on an average of 87 dd.
The average duration of suppliers debts is about 100 dd.
The sector's profitability is on an average of 1,66%.
The labour cost affects the turnover in the measure of 5,95%.
Goods are held in stock in a range of 32 dd.
The difference between the sales volume and the resources used to
realize it is about 1,82.
The employees costs represent the 5,95% of the production costs.
Statistical Detrimental Data
Statistically the trade activity passes through serious crises.
The area is statistically considered moderately risky.
In the region 50.886 protested subjects are found; in the province they
count to 4.597.
The insolvency index for the region is 0,55, , while for the province it
is 0,55.
Total Bankrupt companies in the province : 3.052.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.19 |
|
|
1 |
Rs.103.15 |
|
Euro |
1 |
Rs.81.87 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.