|
Report Date : |
21.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
LEMIE - S.P.A. |
|
|
|
|
Registered Office : |
Via Camozzi, 2 24049 - Verdello (BG) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
15.03.1976 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees |
From 131 to 150 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow but correct |
|
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 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
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 |
LEMIE - S.P.A.
Via Camozzi, 2 24049 - Verdello (BG) -IT-
|
Fiscal Code |
: |
00583700166 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
15/03/1976 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
15.500.000/18.000.000 |
|
Number of Employees |
: |
from 131 to 150 |
Manufacture of luggage, handbags and similars, leathergoods and saddlery
Retail sale of leatherwear and luggage
Legal Form : Joint stock company
|
Register of Handcraft firms : 50950 |
|
Register of Handcraft firms : 50950 of Bergamo |
|
Warranty Association : 100 of Bergamo |
|
Fiscal Code : 00583700166 |
|
Foreign Trade Reg. no. : BG014184 since 31/12/1991 |
|
Foreign Trade Reg. no. : 014184 of Bergamo since 31/12/1991 |
|
Chamber of Commerce no. : 158061 of Bergamo since 17/03/1976 |
|
Chamber of Commerce no. : 451073 of Brescia |
|
Chamber of Commerce no. : 1556304 of Milano |
|
Chamber of Commerce no. : 1691689 of Milano |
|
Firms' Register : BG024-11960 of Bergamo since 19/02/1996 |
|
V.A.T. Code : 00583700166 |
|
Tribunal Co. Register : 11960 of |
|
Foundation date |
: 16/04/1977 |
|
|
Establishment date |
: 16/04/1977 |
|
|
Start of Activities |
: 15/03/1976 |
|
|
Legal duration |
: 31/12/2087 |
|
|
Nominal Capital |
: 2.786.400 |
|
|
Subscribed Capital |
: 2.786.400 |
|
|
Paid up Capital |
: 2.786.400 |
|
Coffetti |
Sergio |
|
Born in Verdello |
(BG) |
on 14/10/1949 |
- Fiscal Code : CFFSRG49R14L753B |
|
Residence: |
I Maggio |
, 8 |
- 24049 |
Verdello |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
23/04/2013 |
|
No Prejudicial events are reported |
|
Bettinelli |
Giuseppe |
|
Born in Marne |
(BG) |
on 03/03/1945 |
- Fiscal Code : BTTGPP45C03D588W |
|
Residence: |
Garibaldi |
, 20 |
- 24040 |
Bonate Sotto |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
23/04/2013 |
||
|
Board Chairman |
23/04/2013 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Bettinelli |
Massimo |
|
Born in Bergamo |
(BG) |
on 30/05/1972 |
- Fiscal Code : BTTMSM72E30A794G |
|
Residence: |
Guglielmo Marconi |
, 6 |
- 24030 |
Brembate di Sopra |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
23/04/2013 |
|
Bettinelli |
Veronica |
|
Born in Bergamo |
(BG) |
on 19/04/1975 |
- Fiscal Code : BTTVNC75D59A794K |
|
Residence: |
Guglielmo Marconi |
, 6 |
- 24030 |
Brembate di Sopra |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
23/04/2013 |
|
Co.ro. 5 S.r.l. |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
No Prejudicial events are reported |
|
No Protests registered |
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have holded positions.
|
Bettinelli |
Giuseppe |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
C.e.m.i. Costruzioni Generali S.r.l. |
Bergamo (BG) - IT - |
01307590164 |
Director |
Withdrawn |
Registered |
|
La Compagnia Delle Pelli Spa |
Bonate Sopra (BG) - IT - |
04491581007 |
Director |
Active |
Registered |
|
La Compagnia Delle Pelli Spa |
Bonate Sopra (BG) - IT - |
04491581007 |
Board Chairman |
Active |
Registered |
|
Ita S.r.l. - In Liquidazione |
Bergamo (BG) - IT - |
02750720167 |
Sole Director |
Withdrawn |
Ceased |
|
Ita S.r.l. - In Liquidazione |
Bergamo (BG) - IT - |
02750720167 |
Liquidator |
Withdrawn |
Ceased |
|
Ita S.r.l. - In Liquidazione |
Bergamo (BG) - IT - |
02750720167 |
Sole partner |
Withdrawn |
Ceased |
|
O'hara S.r.l.-in Liquidazione |
Clusone (BG) - IT - |
00927020164 |
Liquidator |
Withdrawn |
Ceased |
|
La Compagnia Delle Pelli Logistic S.r.l. |
Bonate Sopra (BG) - IT - |
02864810169 |
Sole Director |
Withdrawn |
Ceased |
|
La Compagnia Delle Pelli Logistic S.r.l. |
Bonate Sopra (BG) - IT - |
02864810169 |
Sole partner |
Withdrawn |
Ceased |
|
Record S.p.a. |
Bonate Sotto (BG) - IT - |
01551190166 |
Attorney General |
Withdrawn |
Ceased |
|
Cdp Per Roma 1 S.r.l. |
Verdello (BG) - IT - |
02960230163 |
Director |
Withdrawn |
Ceased |
|
CDP PER CAGLIARI 1 S.R.L. |
Verdello (BG) - IT - |
02968200168 |
Director |
Withdrawn |
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.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Bettinelli Giuseppe |
Bonate Sotto - IT - |
BTTGPP45C03D588W |
2.089.800 .Eur |
75,00 |
|
Co.ro. 5 S.r.l. |
01010530168 |
696.600 .Eur |
25,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
Marlon S.R.L. |
Rimini - IT - |
01083120400 |
90.000.000 .Eur |
20,00 |
Active |
In order to carry out its activities the firm uses the following locations:
|
- |
Legal and operative seat |
|
Camozzi |
, 2 |
- 24049 |
- Verdello |
(BG) |
- IT - |
|
PHONE |
: 035/489553 |
|
PHONE |
: 035871451 |
|
PHONE |
: 0354822711 |
|
FAX |
: 0354822710 |
|
- |
Branch |
(Factory) |
since 21/12/1988 |
|
Dell'artigianato |
- 24049 |
- Verdello |
(BG) |
- IT - |
|
PHONE |
: 035871451 |
|
- |
Branch |
(Warehouse) |
since 14/12/2009 |
until 01/06/1992 |
|
Camozzi |
, 13/14/15 |
- 24049 |
- Verdello |
(BG) |
- IT - |
|
- |
Branch |
(Store) |
since 29/12/1995 |
|
Dell'artigianato Ang.v.fantoni |
- 24049 |
- Verdello |
(BG) |
- IT - |
|
PHONE |
: 035871151 |
|
Employees |
: 134 |
|
Fittings and Equipment for a value of 1.000.000 |
Eur |
|
Stocks for a value of 5.910.000 |
Eur |
|
Vehicles for a value of 34.000 |
Eur |
The firm operates abroad as importer / exporter..
To purchase foreign products the firm uses the following channels :
|
- its own agents |
Export represents more than 50% of the global turnover.
Products abroad are placed by :
|
- its own agents |
Export is mainly towards:
|
- Italy |
|
- Belgium |
|
- Great Britain |
|
- Austria |
|
- Poland |
|
- France |
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
General partnership |
Joint stock company |
23/07/1987 |
COMPANY STYLE MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Lemie di Rovaris Claudio e Fulvio S.n.c. |
23/07/1987 |
EX-MEMBERS / EX-POSITIONS:
|
Rovaris |
Fulvio |
|
Born in Verdello |
(BG) |
on 21/08/1945 |
- Fiscal Code : RVRFLV45M21L753L |
|
Residence: |
I Maggio |
, 8 |
- 24049 |
Verdello |
(BG) |
- IT - |
|
Ex-Postions |
|
Director |
|
Rovaris |
Fulvio |
|
Born in Verdello |
(BG) |
on 21/08/1945 |
- Fiscal Code : RVRFLV45M21L753L |
|
Residence: |
I Maggio |
, 8 |
- 24049 |
Verdello |
(BG) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Partner |
|
Board Chairman |
|
Director |
|
Coffetti |
Sergio |
|
Born in Verdello |
(BG) |
on 14/10/1949 |
- Fiscal Code : CFFSRG49R14L753B |
|
Residence: |
I Maggio |
, 8 |
- 24049 |
Verdello |
(BG) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Managing Director |
|
Rovaris |
Giuseppe |
|
Born in Verdello |
(BG) |
on 29/10/1942 |
- Fiscal Code : RVRGPP42R29L753N |
|
Ex-Postions |
|
Managing Director |
|
Managing Director |
|
Rovaris Claudio |
|
Born in Verdello |
(BG) |
on 17/07/1948 |
- Fiscal Code : RVRCLD48L17L753V |
|
Ex-Postions |
|
Managing Director |
|
Nuti |
Ivo |
|
Born in Cerreto Guidi |
(FI) |
on 04/02/1933 |
- Fiscal Code : NTUVIO33B04C529K |
|
Residence: |
Cilea |
, 1 |
- 56027 |
San Miniato |
(PI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Beretta |
Dante |
|
Born in Bonate Sotto |
(BG) |
on 08/12/1925 |
- Fiscal Code : BRTDNT25T08A962S |
|
Residence: |
Marconi |
, 6 |
- 24030 |
Brembate di Sopra |
(BG) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Nuti |
Andrea |
|
Born in Fucecchio |
(FI) |
on 04/10/1961 |
- Fiscal Code : NTUNDR61R04D815F |
|
Residence: |
Liberazione |
, 1 |
- 56028 |
San Miniato |
(PI) |
- IT - |
|
Ex-Postions |
|
Vice-Chairman |
|
Director |
|
Bettinelli |
Giuseppe |
|
Born in Marne |
(BG) |
on 03/03/1945 |
- Fiscal Code : BTTGPP45C03D588W |
|
Residence: |
Garibaldi |
, 20 |
- 24040 |
Bonate Sotto |
(BG) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
The firm absorbed by merging of |
|
Date |
: |
23/12/1988 |
|
The firm absorbed by merging of |
|
Lemie - S.p.a. |
|
Camozzi |
, 2 |
, 24049 |
, Verdello |
(BG) |
- IT - |
|
Date |
: |
23/12/1988 |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official Publications.
Company's starting of activities dates back to 1976.
The economic-financial analysis has been made on the base of the b/s of the latests three years.
Last two financial years were marked by losses; in 2012 r.o.e. is -8,02%.
A loss is registered as to the operating result (-1,19%).
The amount of the operating loss for 2012 is equal to Eur. -257.784.
A gross operating margine for a value of Eur. 242.456 was reached. showing a downward trend as opposed to the previous year.
The financial status of the company is fairly balanced with an indebtedness level of 1,37 and decreasing as against 2011.
With regard to equity capital, an amount of Eur. 5.901.002 is registered. , unchanged if compared to 2011.
During the last financial year total debts volume reached Eur. 14.700.586 (Eur. 6.621.658 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 lined up with the sector.
The management determines a good range of liquidity.
Accounts receivable average term is high (125,25 days). even higher than the average of the specific sector.
2012 financial year closed with a cash flow of Eur. 26.954
During 2012 financial year labour costs amounted to Eur. 3.933.113, with a 23,42% incidence on production costs. , whereas the incidence of such costs on sales revenues is equal to 23,49%.
Financial charges have a limited incidence (-1,39%) on sales volume.
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
16.742.081 |
|
Profit (Loss) for the period |
-473.286 |
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
16.229.456 |
|
Profit (Loss) for the period |
-394.409 |
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
20.849.315 |
|
Profit (Loss) for the period |
-960.500 |
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
23.128.062 |
|
Profit (Loss) for the period |
-281.929 |
|
Complete balance-sheet for the year |
al 31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
32.509.701 |
|
Profit (Loss) for the period |
-140.720 |
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 |
0,40 |
0,38 |
0,38 |
0,18 |
|
Elasticity Ratio |
Units |
0,60 |
0,62 |
0,62 |
0,80 |
|
Availability of stock |
Units |
0,27 |
0,28 |
0,28 |
0,20 |
|
Total Liquidity Ratio |
Units |
0,33 |
0,34 |
0,33 |
0,51 |
|
Quick Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,02 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
1,37 |
1,38 |
1,37 |
2,38 |
|
Self Financing Ratio |
Units |
0,27 |
0,27 |
0,28 |
0,24 |
|
Capital protection Ratio |
Units |
0,61 |
0,62 |
0,73 |
0,68 |
|
Liabilities consolidation quotient |
Units |
0,91 |
0,91 |
0,84 |
0,18 |
|
Financing |
Units |
2,49 |
2,53 |
2,42 |
2,86 |
|
Permanent Indebtedness Ratio |
Units |
0,61 |
0,61 |
0,60 |
0,38 |
|
M/L term Debts Ratio |
Units |
0,34 |
0,34 |
0,32 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
1,95 |
1,87 |
1,81 |
1,00 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,54 |
1,62 |
1,57 |
1,78 |
|
Current ratio |
Units |
1,61 |
1,65 |
1,61 |
1,25 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,87 |
0,91 |
0,87 |
0,84 |
|
Structure's primary quotient |
Units |
0,69 |
0,71 |
0,73 |
1,07 |
|
Treasury's primary quotient |
Units |
0,00 |
0,00 |
0,00 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
365,85 |
370,11 |
358,91 |
408,81 |
|
Current Capital ( net ) |
Value |
4.894.733 |
5.739.984 |
5.652.141 |
312.424 |
|
RETURN |
|||||
|
Return on Sales |
% |
0,16 |
0,69 |
-1,61 |
2,67 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
-8,02 |
-6,19 |
-14,19 |
3,20 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
-6,76 |
-4,88 |
-17,39 |
8,58 |
|
Return on Investment ( R.O.I. ) |
% |
-1,19 |
-0,12 |
-4,05 |
4,36 |
|
Return/ Sales |
% |
-1,54 |
-0,18 |
-4,72 |
3,63 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
n.c. |
n.c. |
23,99 |
|
Cash Flow |
Value |
26.954 |
111.868 |
-335.690 |
112.609 |
|
Operating Profit |
Value |
-257.784 |
-29.458 |
-984.291 |
127.644 |
|
Gross Operating Margin |
Value |
242.456 |
476.819 |
-359.481 |
230.719 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
125,25 |
149,91 |
122,09 |
101,46 |
|
Debts to suppliers average term |
Days |
76,78 |
104,80 |
82,04 |
94,66 |
|
Average stock waiting period |
Days |
127,04 |
145,26 |
118,96 |
56,34 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,78 |
0,69 |
0,86 |
1,34 |
|
Rate of stock return |
Units |
2,83 |
2,48 |
3,03 |
6,30 |
|
Labour cost incidence |
% |
23,49 |
22,69 |
18,84 |
12,44 |
|
Net financial revenues/ charges incidence |
% |
-1,39 |
-1,62 |
-1,06 |
-1,48 |
|
Labour cost on purchasing expenses |
% |
23,42 |
22,69 |
18,46 |
12,90 |
|
Short-term financing charges |
% |
1,60 |
1,69 |
1,37 |
3,49 |
|
Capital on hand |
% |
128,95 |
145,36 |
116,52 |
74,43 |
|
Sales pro employee |
Value |
137.230 |
121.115 |
153.303 |
253.464 |
|
Labour cost pro employee |
Value |
32.238 |
27.480 |
28.887 |
32.147 |
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.
|
Population living in the province |
: |
1.022.428 |
|
Population living in the region |
: |
9.393.092 |
|
Number of families in the region |
: |
3.858.736 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
460 |
|
- per non food products |
: |
2.090 |
|
- per energy consume |
: |
114 |
The values are calculated on a base of 923 significant companies.
The companies cash their credits on an average of 101 dd.
The average duration of suppliers debts is about 95 dd.
The sector's profitability is on an average of 2,67%.
The labour cost affects the turnover in the measure of 12,44%.
Goods are held in stock in a range of 56 dd.
The difference between the sales volume and the resources used to realize it is about 1,34.
The employees costs represent the 12,90% of the production costs.
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 4.150.
The insolvency index for the region is 0,55, , while for the province it is 0,41.
Total Bankrupt companies in the province : 4.376.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.28 |
|
|
1 |
Rs.102.77 |
|
Euro |
1 |
Rs.82.12 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIS |
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.