MIRA
INFORM REPORT
|
Report Date : |
16.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
ALTEA S.R.L.
|
|
|
|
|
Registered Office : |
Corso Magenta, 56, 20123 – Milano
(MI) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
19.07.1947 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
manufacturer & Wholesaler of Textiles/Apparel & accessories for men & Women |
|
|
|
|
No. of Employees |
45 |
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 |
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 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 & address
Altea S.r.l.
Corso Magenta, 56
20123 - Milano (MI) -IT-
Summary
|
Fiscal Code |
: |
00716740154 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
19/07/1947 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
25.000.000/35.000.000 |
|
Number of Employees |
: |
45 |
Activity
manufacturer &
Wholesaler of Textiles/Apparel & accessories
for men & Women
Legal Data
Legal Form : Limited liability company
|
Fiscal Code : 00716740154 |
|
Foreign Trade Reg. no. : MI086658 since 07/01/1992 |
|
Foreign Trade Reg. no. : 2667 of Milano |
|
Foreign Trade Reg. no. : 0499774 of Milano |
|
Chamber of Commerce no. : 364163 of Milano
since 12/08/1947 |
|
Firms' Register : MI146-59522 of Milano
since 19/02/1996 |
|
V.A.T. Code : 00716740154 |
|
Tribunal Co. Register : 59522 of |
|
Foundation date |
: 19/07/1947 |
|
|
Establishment date |
: 19/07/1947 |
|
|
Start of Activities |
: 19/07/1947 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 500.000 |
|
|
Subscribed Capital |
: 500.000 |
|
|
Paid up Capital |
: 500.000 |
|
Members
|
|
Sartori |
Luca |
|
|
|
Born in Milano |
(MI) |
on 12/08/1962 |
- Fiscal Code : SRTLCU62M12F205N |
|
|
|
Residence: |
|
Magenta |
, 56 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/05/2014 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Sartori |
Michele |
|
|
|
Born in Milano |
(MI) |
on 14/09/1963 |
- Fiscal Code : SRTMHL63P14F205H |
|
|
|
Residence: |
|
Magenta |
, 56 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/05/2014 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Sartori |
Michele |
|
|
|
Born in Milano |
(MI) |
on 14/09/1963 |
- Fiscal Code : SRTMHL63P14F205H |
|
|
|
Residence: |
|
Vincenzo Monti |
, 5 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Caspani |
Donato |
|
|
|
Born in Como |
(CO) |
on 24/07/1958 |
- Fiscal Code : CSPDNT58L24C933H |
|
|
|
Residence: |
|
Regazzoni |
, 12 |
- 22100 |
Como |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/03/2007 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Quinta Generazione
S.r.l. |
|
|
|
|
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 are listed the companies in
which members hold or have holded positions.
|
|
Sartori |
Luca |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
PORTICI S.R.L. |
Milano (MI) - IT - |
08994060153 |
Chairman |
Withdrawn |
Registered |
|
PORTICI S.R.L. |
Milano (MI) - IT - |
08994060153 |
Board Chairman |
Withdrawn |
Registered |
|
Immobiliare Neale S.r.l. |
Milano (MI) - IT - |
04183630153 |
Sole Director |
Withdrawn |
Registered |
|
Immobiliare Neale S.r.l. |
Milano (MI) - IT - |
04183630153 |
Attorney with
special power |
Active |
Registered |
|
SERICO SERVICE S.R.L. |
Milano (MI) - IT - |
10505450154 |
Director |
Withdrawn |
Registered |
|
Quinta Generazione S.r.l. |
Milano (MI) - IT - |
12492640151 |
Sole Director |
Active |
Registered |
|
Altea Licensing S.r.l. |
Milano (MI) - IT - |
12939280157 |
Sole Director |
Withdrawn |
Merged |
|
|
Sartori |
Michele |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
PORTICI S.R.L. |
Milano (MI) - IT - |
08994060153 |
Managing
Director |
Withdrawn |
Registered |
|
Immobiliare Neale S.r.l. |
Milano (MI) - IT - |
04183630153 |
Sole Director |
Active |
Registered |
|
Ellemme S.r.l. |
Milano (MI) - IT - |
04975450968 |
Sole 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 |
|
Sartori Luca |
Milano - IT - |
SRTLCU62M12F205N |
175.000 .Eur |
35,00 |
|
Sartori Michele |
Milano - IT - |
SRTMHL63P14F205H |
175.000 .Eur |
35,00 |
|
Quinta Generazione S.r.l. |
|
12492640151 |
150.000 .Eur |
30,00 |
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 |
|
Lalog S.r.l. |
|
03390800138 |
200 .Eur |
1,00 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the
firm uses the following locations:
|
- |
Legal and
operative seat |
|
since 19/07/1947 |
|
|
|
|
|
|
Magenta |
, 56 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
- |
Legal and
operative seat |
|
since 19/07/1947 |
until 01/01/2012 |
|
|
|
|
|
|
Vincenzo Monti |
, 5 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
|
|
|
PHONE |
: 0248011904 |
|
|
|
|
FAX |
: 0248193093 |
|
- |
Branch |
(Workshop) |
since 29/05/2006 |
|
|
|
|
|
|
Morandi |
, 4 |
- 20016 |
- Pero |
(MI) |
- IT - |
|
- |
Branch |
(Production
engineering department) |
since 14/03/2005 |
|
|
|
|
|
|
Bergamo |
, 7 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
|
|
|
Employees |
: 45 |
|
Fittings and Equipment for a value of
82.000 |
Eur |
|
Stocks for a value of 6.590.000 |
Eur |
Sales are on an international scale.
|
|
The firm operates abroad as importer /
exporter..
To purchase foreign products the firm uses
the following channels :
|
- direct orders to foreign companies |
Export represents more than 50% of the
global turnover.
Products abroad are placed by :
|
- national or foreign important buyers |
|
- its own agents |
|
- direct orders from foreign companies |
Import comes generally from the following
nations:
|
- Italy |
|
- France |
Export is mainly towards:
|
- Italy |
|
- Austria |
|
- Belgium |
|
- France |
Historical Information and/or Firm's Status
CHANGES TO THE
LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Other forms |
Limited liability company |
14/07/1980 |
EX-MEMBERS / EX-POSITIONS:
|
|
Sartori |
Giuseppe |
|
|
|
Born in Milano |
(MI) |
on 20/10/1922 |
- Fiscal Code : SRTGPP22R20F205E |
|
|
|
Residence: |
|
Carducci |
, 34 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Sartori |
Celeste |
|
|
|
Born in Milano |
(MI) |
on 30/06/1926 |
- Fiscal Code : SRTCST26H30F205B |
|
|
|
Residence: |
|
Mascheroni Lorenzo |
, 16 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Attorney with special power |
|
Director |
|
Board Chairman |
|
|
Sartori |
Luca |
|
|
|
Born in Milano |
(MI) |
on 12/08/1962 |
- Fiscal Code : SRTLCU62M12F205N |
|
|
|
Residence: |
|
Cantoni Giovanni |
, 11 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Director |
|
|
Sartori |
Michele |
|
|
|
Born in Milano |
(MI) |
on 14/09/1963 |
- Fiscal Code : SRTMHL63P14F205H |
|
|
|
Residence: |
|
Vincenzo Monti |
, 5 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Director |
|
Director |
|
|
Passarelli |
Andrea |
|
|
|
Born in Como |
(CO) |
on 29/09/1957 |
- Fiscal Code : PSSNDR57P29C933T |
|
|
|
Residence: |
|
Enrico Pessina |
, 9 |
- 22100 |
Como |
(CO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Ghioldi |
Gabriella |
|
|
|
Born in Milano |
(MI) |
on 15/04/1938 |
- Fiscal Code : GHLGRL38D55F205K |
|
|
|
Residence: |
|
Ortigara |
, 3 |
- 22070 |
Casnate Con Bernate |
(CO) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Colombo |
Maria Antonia |
|
|
|
Born in Lentate sul Seveso |
(MI) |
on 17/01/1957 |
- Fiscal Code : CLMMNT57A57E530T |
|
|
|
Residence: |
|
F.lli Cervi |
, 3 |
- 20030 |
Lentate sul Seveso |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Leoni |
Paola |
|
|
|
Born in Como |
(CO) |
on 29/08/1967 |
- Fiscal Code : LNEPLA67M69C933P |
|
|
|
Residence: |
|
Del Popolo |
, 1 |
- 22100 |
Como |
(CO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Umbriano |
Raffaele |
|
|
|
Born in Milano |
(MI) |
on 22/03/1963 |
- Fiscal Code : MBRRFL63C22F205R |
|
|
|
Residence: |
|
Marco Aurelio |
, 8 |
- 20127 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Clerici |
Rodolfo |
|
|
|
Born in Lomazzo |
(CO) |
on 14/08/1950 |
- Fiscal Code : CLRRLF50M14E659G |
|
|
|
Residence: |
|
Unione |
, 29 |
- 22074 |
Lomazzo |
(CO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Permanent Auditor |
|
|
Ugo |
Riccardo |
|
|
|
Born in San Paolo |
(BS) |
on 30/12/1963 |
- Fiscal Code : GUORCR63T30Z602K |
|
|
|
Residence: |
|
Magenta |
, 56 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Haymar D'ettory |
Michela |
|
|
|
Born in Padova |
(PD) |
on 10/09/1965 |
- Fiscal Code : HYMMHL65P50G224U |
|
|
|
Residence: |
|
Giotto |
, 26 |
- 20145 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Palazzi |
Paola Graziella |
|
|
|
Born in Milano |
(MI) |
on 07/07/1969 |
- Fiscal Code : PLZPGR69L47F205A |
|
|
|
Residence: |
|
Dello Zerbo |
, 37 |
- 20090 |
Opera |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Carnevali |
Antonio |
|
|
|
Born in Recco |
(GE) |
on 25/05/1964 |
- Fiscal Code : CRNNTN64E25H212N |
|
|
|
Residence: |
|
Costanza |
, 4 |
- 20146 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of
merging by taking over of |
|
|
|
Altea Licensing
S.r.l. |
|
|
|
|
Bandello Matteo |
, 6 |
, 20123 |
, Milano |
(MI) |
- IT - |
|
|
|
Fiscal Code: 12939280157 |
|
|
|
Date |
Merging/splitting-up project: |
05/07/2007 |
|
|
The firm
absorbed by merging of |
|
|
|
Altea Licensing
S.r.l. |
|
|
|
|
Bandello Matteo |
, 6 |
, 20123 |
, Milano |
(MI) |
- IT - |
|
|
|
Fiscal Code: 12939280157 |
|
|
|
Date |
: |
20/11/2007 |
Protests
Protests checking on the subject firm has
given a negative result.
Data Base Prejudicial Events
Search
Search performed on a National Scale
|
|
|
Prejudicial
Events Search Result: NEGATIVE |
Search performed on a specialized data base.
Legal Procedures
None reported, standing to the latest
received edition of the Official Publications.
Bankers
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
SANPAOLO IMI S.P.A. FUS. INTESA SAN PAO |
|
|
|
|
1025 |
0 |
Financial and Economical Analysis
Company's starting of activities dates back to
1947.
An eco-fin analysis has been made on the
base od the b/s fo the years 2011, 2012 and 2013.
Unstable economic results mark the company's
financial state of affairs. ; in the last financial year a loss was registered
(r.o.e. -9,79%) The turnover is falling if compared with the previous financial
year (eamp;FAT1eamp;%).
A loss is registered as to the operating
result (-4,68%).
The amount of the operating loss for 2013 is
equal to Eur. -1.022.051.
The G.O.M. amounted to Eur. 255.008 showing a
downward trend as opposed to the previous year.
Very good financial situation: shareholder's
equity covers short-terms debts with an indebtedness level equal to 0,42 which
is yet rising if compared to 2012.
The management generated equity capital for
an amount of Eur. 13.205.282 , unchanged if compared to 2012.
Total indebtedness totalled Eur. 7.503.357,
showing a stable trend as opposed to 2012 (Eur. 7.098.431).
Bank and suppliers credit recourse is
limited, 72,17 gg. is payment average period which is also lower than the
sector average.
The liquidity level is positive (2,53).
Due from customers average term is high and
equal to 116,89 days. within the average values of the sector.
(Eur. -155.600) is the negative value of the
cash flow.
In the last financial year labour cost was
of Eur. 2.527.363, with a 7,92% incidence on total costs of production. ,
whereas 8,43% is the incidence on sales revenues.
The incidence of the financial charges is of
-0,69% on the sales amount.
Financial Data
|
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
29.971.101 |
|
Profit (Loss) for the period |
-1.292.643 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
36.306.407 |
|
Profit (Loss) for the period |
58.777 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
36.470.558 |
|
Profit (Loss) for the period |
-115.255 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
32.544.524 |
|
Profit (Loss) for the period |
-197.741 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
28.849.640 |
|
Profit (Loss) for the period |
111.090 |
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 31/12/2013 - 12 Mesi - Currency: - Amounts x 1 |
|
- 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 31/12/2013 |
as at 31/12/2012 |
as at 31/12/2011 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,10 |
0,10 |
0,11 |
0,14 |
|
Elasticity Ratio |
Units |
0,87 |
0,88 |
0,87 |
0,84 |
|
Availability of stock |
Units |
0,30 |
0,24 |
0,28 |
0,24 |
|
Total Liquidity Ratio |
Units |
0,57 |
0,63 |
0,59 |
0,53 |
|
Quick Ratio |
Units |
0,09 |
0,11 |
0,05 |
0,03 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
0,42 |
0,32 |
0,41 |
3,78 |
|
Self Financing Ratio |
Units |
0,60 |
0,63 |
0,62 |
0,17 |
|
Capital protection Ratio |
Units |
1,06 |
0,96 |
0,97 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,03 |
0,03 |
0,07 |
0,14 |
|
Financing |
Units |
0,57 |
0,49 |
0,50 |
4,55 |
|
Permanent Indebtedness Ratio |
Units |
0,61 |
0,64 |
0,64 |
0,33 |
|
M/L term Debts Ratio |
Units |
0,01 |
0,01 |
0,02 |
0,09 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,01 |
1,26 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
5,91 |
6,62 |
6,08 |
1,87 |
|
Current ratio |
Units |
2,53 |
2,83 |
2,80 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,65 |
2,05 |
1,91 |
0,79 |
|
Structure's primary quotient |
Units |
5,81 |
6,52 |
5,89 |
1,13 |
|
Treasury's primary quotient |
Units |
0,26 |
0,36 |
0,18 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
165,54 |
158,36 |
160,66 |
587,75 |
|
Current Capital ( net ) |
Value |
11.491.074 |
13.021.819 |
12.943.379 |
209.248 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
-0,52 |
2,85 |
1,63 |
2,26 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
-9,79 |
0,41 |
-0,80 |
3,48 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
-9,30 |
1,69 |
0,86 |
12,19 |
|
Return on Investment ( R.O.I. ) |
% |
-4,68 |
1,28 |
0,65 |
3,83 |
|
Return/ Sales |
% |
-3,41 |
0,81 |
0,41 |
3,45 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
19,97 |
-76,89 |
20,46 |
|
Cash Flow |
Value |
-155.600 |
1.033.845 |
593.215 |
50.400 |
|
Operating Profit |
Value |
-1.022.051 |
294.282 |
149.901 |
68.610 |
|
Gross Operating Margin |
Value |
255.008 |
1.399.589 |
1.003.775 |
124.742 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
116,89 |
109,90 |
116,45 |
120,68 |
|
Debts to suppliers average term |
Days |
72,17 |
60,70 |
55,18 |
115,81 |
|
Average stock waiting period |
Days |
79,18 |
55,54 |
63,24 |
78,40 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,37 |
1,58 |
1,57 |
1,14 |
|
Rate of stock return |
Units |
4,55 |
6,48 |
5,69 |
4,57 |
|
Labour cost incidence |
% |
8,43 |
8,11 |
11,27 |
12,27 |
|
Net financial revenues/ charges incidence |
% |
-0,69 |
-0,52 |
-0,07 |
-1,84 |
|
Labour cost on purchasing expenses |
% |
7,92 |
8,21 |
11,51 |
12,16 |
|
Short-term financing charges |
% |
3,21 |
3,30 |
0,79 |
3,35 |
|
Capital on hand |
% |
72,94 |
63,24 |
63,61 |
87,41 |
|
Sales pro employee |
Value |
651.545 |
398.971 |
359.315 |
245.343 |
|
Labour cost pro employee |
Value |
54.942 |
32.345 |
40.504 |
32.046 |
Market / Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
3.858.736 |
3.839.216Monthly family expenses average in the
region (in Eur..) :
|
- per food products |
: |
460 |
|
- per non food products |
: |
2.090 |
|
- per energy consume |
: |
|
Sector Data
The values are calculated on a base of 864
significant companies.
The companies cash their credits on an
average of 121 dd.
The average duration of suppliers debts is
about 116 dd.
The sector's profitability is on an average
of 2,26%.
The labour cost affects the turnover in the
measure of 12,27%.
Goods are held in stock in a range of 78 dd.
The difference between the sales volume and
the resources used to realize it is about 1,14.
The employees costs represent the 12,16% of
the production costs.
Statistical Detrimental Data
Statistically the trade activity passes
through serious crises.
The area is statistically considered lowly
risky.
In the region 50.886 protested subjects are
found; in the province they count to 24.765.
The insolvency index for the region is 0,55,
, while for the province it is 0,66.
Total Bankrupt companies in the province :
22.523.
Total Bankrupt companies in the region :
39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.22 |
|
UK Pound |
1 |
Rs.102.79 |
|
Euro |
1 |
Rs.81.95 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.