MIRA INFORM REPORT
|
Report Date : |
23.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
ADRIATICA S.P.A. |
|
|
|
|
Registered Office : |
Via Filippo Corridoni, 2 45100 - Rovigo
(RO) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
30.06.2013 |
|
|
|
|
Date of Incorporation : |
21.12.1998 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
Manufacture of fertilisers and nitrogenous compounds |
|
|
|
|
No. of Employees |
from 111 to 130 |
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 31st, 2014
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
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
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
ADRIATICA S.P.A.
Via Filippo Corridoni, 2
45100 - Rovigo
(RO) -IT-
Summary
|
Fiscal Code |
: |
02907070235 |
|
Legal Form |
: |
Joint stock company |
|
Establishment Date |
: |
21/12/1998 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
100.000.000/150.000.000 |
|
Number of Employees |
: |
from 111 to 130 |
|
n.b.: The Creditworthness Rate shows, in percentage, the ratio between
the suggested credit opinion and the credit amount that the firm could get if
the financial situation would be completely positive. |
Activity
Manufacture of fertilisers and nitrogenous compounds
Legal
Data
Legal Form : Joint stock company
|
Fiscal Code : 02907070235 |
|
Foreign Trade Reg. no. : RO007784 since 17/06/2004 |
|
Foreign Trade Reg. no. : 007784 of Rovigo since 17/06/2004 |
|
Chamber of Commerce no. : 414927 of Padova |
|
Chamber of Commerce no. : 129895 of Rovigo since 03/08/1999 |
|
Chamber of Commerce no. : 295464 of Verona |
|
Chamber of Commerce no. : 351389 of Verona |
|
Firms' Register : RO-1999-12347 of Rovigo since 11/08/1999 |
|
Firms' Register : VR-1999-22823 of Verona |
|
V.A.T. Code : 01135290292 |
|
Establishment date |
: 21/12/1998 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 1.848.000 |
|
|
Subscribed Capital |
: 1.848.000 |
|
|
Paid up Capital |
: 1.848.000 |
Members
|
|
Finairon S.p.a. - Societa' Di Investimen |
ti E Partecipazioni - Per Brevita' Fina |
|
|
: |
Isonzo |
, 11 |
- 37126 |
Verona |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Mainardi |
Anacleto Carlo |
|
|
Born in Grumello Cremonese Ed Uniti |
(CR) |
on 27/02/1939 |
- Fiscal Code : MNRNLT39B27E217H |
|
|
Residence: |
Della Solidarieta' |
, 280 |
- 45011 |
Adria |
(RO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/10/2012 |
||
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Ferro |
Giuseppe Massimo |
|
|
Born in San Bonifacio |
(VR) |
on 03/04/1959 |
- Fiscal Code : FRRGPP59D03H783H |
|
|
Residence: |
Tazio Nuvolari |
, 1 |
- 20143 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/10/2012 |
||
|
Board Chairman |
26/10/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Toffoli |
Giovanni |
|
|
Born in Padova |
(PD) |
on 06/03/1968 |
- Fiscal Code : TFFGNN68C06G224G |
|
|
Residence: |
Giambattista Morgagni |
, 14 |
- 35121 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/10/2012 |
||
|
Managing Director |
26/10/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
Companies
connected to members *
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have
holded positions.
|
|
Ferro |
Giuseppe Massimo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Valcos S.r.l. |
Sant'Ambrogio di Valpolicella (VR) - IT - |
00220800239 |
Director |
Active |
Registered |
|
Grand Hotel S.r.l. |
Milano (MI) - IT - |
04620030157 |
Managing Director |
Withdrawn |
Ceased |
|
S.a.i.a. S.r.l. Unipersonale |
Verona (VR) - IT - |
01937390159 |
Chairman |
Active |
Registered |
|
S.a.i.a. S.r.l. Unipersonale |
Verona (VR) - IT - |
01937390159 |
Board Chairman |
Withdrawn |
Registered |
|
La Valverde Societa' Di Iniziative Agroalimentari A Responsabilita' |
Verona (VR) - IT - |
01642420234 |
Director |
Withdrawn |
Registered |
|
La Valverde Societa' Di Iniziative Agroalimentari A Responsabilita' |
Verona (VR) - IT - |
01642420234 |
Board Chairman |
Withdrawn |
Registered |
|
Finairon S.p.a. - Societa' Di Investimenti E Partecipazioni - Per
Brevita' Fina |
Verona (VR) - IT - |
01730030234 |
Director |
Active |
Registered |
|
Finairon S.p.a. - Societa' Di Investimenti E Partecipazioni - Per
Brevita' Fina |
Verona (VR) - IT - |
01730030234 |
Board Chairman |
Active |
Registered |
|
Gestioni Benacensi S.p.a. |
Lazise (VR) - IT - |
02219040231 |
Director |
Withdrawn |
Registered |
|
Monaco S.r.l. |
Verona (VR) - IT - |
02493310235 |
Director |
Active |
Registered |
|
Monaco S.r.l. |
Verona (VR) - IT - |
02493310235 |
Board Chairman |
Withdrawn |
Registered |
|
Kogi S.r.l. |
Verona (VR) - IT - |
01538950237 |
Sole Director |
Active |
Registered |
|
Cangrande Parcheggi Soc. Coop. Edilizia |
Verona (VR) - IT - |
02845100235 |
Director |
Withdrawn |
Registered |
|
Tua Assicurazioni Societa' Per Azioni |
Milano (MI) - IT - |
02816710236 |
Director |
Active |
Registered |
|
Im.mo.gest. S.a.s. Di Giuseppe Massimo Ferro E C. |
Verona (VR) - IT - |
02321300234 |
General Partner |
Active |
Registered |
|
Nordest Societa' Di Gestione DelRisparmio S.p.A. |
Vicenza (VI) - IT - |
03344740240 |
Director |
Withdrawn |
Registered |
|
E.n.esta S.a.s. Di Riboni Carla E C. |
Verona (VR) - IT - |
02603630233 |
Limited Partner |
Active |
Registered |
|
Progeca S.r.l. |
Verona (VR) - IT - |
03286270230 |
Director |
Active |
Registered |
|
|
Toffoli |
Giovanni |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Agroalimentare Sud S.p.a. |
Melfi (PZ) - IT - |
01541070239 |
Director |
Active |
Registered |
|
Agroalimentare Sud S.p.a. |
Melfi (PZ) - IT - |
01541070239 |
Managing Director |
Active |
Registered |
|
Agroalimentare Sud S.p.a. |
Melfi (PZ) - IT - |
01541070239 |
Board Chairman |
Active |
Registered |
|
Agrimont S.r.l. |
Loreo (RO) - IT - |
01411450297 |
Director |
Active |
Registered |
|
Allibo Adriatico S.p.a. |
Rovigo (RO) - IT - |
01443080294 |
Director |
Active |
Registered |
|
K - Logistica S.r.l. |
Loreo (RO) - IT - |
04055600276 |
Director |
Active |
Registered |
|
K - Logistica S.r.l. |
Loreo (RO) - IT - |
04055600276 |
Board Chairman |
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 |
|
Finairon S.p.a. - Societa' Di Investimen ti E Partecipazioni - Per Brevita'
Fina |
Verona - IT - |
01730030234 |
616.000 .Eur |
33,33 |
|
Mainardi Anacleto Carlo |
Adria - IT - |
MNRNLT39B27E217H |
616.000 .Eur |
33,33 |
|
Toffoli Giovanni |
Padova - IT - |
TFFGNN68C06G224G |
616.000 .Eur |
33,33 |
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 |
|
Agroalimentare Sud S.p.a. |
Melfi - IT - |
01541070239 |
1.880.615 .Eur |
65,75 |
Active |
||
|
Agrimont S.r.l. |
Loreo - IT - |
01411450297 |
2.333 .Eur |
23,33 |
Active |
||
|
Consorzio Veneto Emiliano Razionalizzazi one Ed Acquisto Energia Sigla
Consorzio |
Rovigo - IT - |
01142680295 |
Active |
||||
|
Consorzio Sostanze Chimiche Fertilizzant i E Reach |
02302840398 |
Active |
|||||
|
K - Logistica S.r.l. |
Loreo - IT - |
04055600276 |
100.000 .Eur |
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 |
|
Filippo Corridoni |
, 2 |
- 45100 |
- Rovigo |
(RO) |
- IT - |
|
PHONE |
: 0425203311 |
|
PHONE |
: 0426669611 |
|
FAX |
: 0426669655 |
|
- |
Branch |
(Factory) |
since 01/07/2000 |
|
Dogado |
, 300/21 |
- 45017 |
- Loreo |
(RO) |
- IT - |
|
PHONE |
: 0426334648 |
|
- |
Branch |
(office) |
since 05/04/2004 |
|
Dogado |
, 300/19 |
- 45017 |
- Loreo |
(RO) |
- IT - |
|
- |
Branch |
(office) |
since 04/09/2006 |
|
Isonzo |
, 11 |
- 37100 |
- Verona |
(VR) |
- IT - |
|
- |
Branch |
(Factory) |
since 01/06/2013 |
|
Dell'artigiano |
, 12 |
- 35040 |
- Ponso |
(PD) |
- IT - |
|
Employees |
: 124 |
|
Fittings and Equipment for a value of 1.340.000 |
Eur |
|
Stocks for a value of 14.770.000 |
Eur |
Trade organization: direct or by agents.
The company sells in Italy and abroad.
The company 's mainly customers are companies.
The firm operates abroad as importer / exporter..
Financial means used for sale: bank transfers and bank orders.
Main used payment modalities are by cash orders and bank transfers.
Import comes generally from the following nations:
|
- |
|
- EUROPA |
Export is mainly towards:
|
- Serbia |
|
- Bosnia |
|
- Croatia |
Traded
Brands / Suppliers
|
- Marchi Industriale S.p.A |
|
- Autotrasporti Bommartini srl |
|
- Arkema S.r.l |
Historical Information and/or Firm's Status
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Limited liability company |
Joint stock company |
05/07/2004 |
EX-MEMBERS / EX-POSITIONS:
|
|
Mainardi |
Anacleto Carlo |
|
|
Born in Grumello Cremonese Ed Uniti |
(CR) |
on 27/02/1939 |
- Fiscal Code : MNRNLT39B27E217H |
|
|
Residence: |
Della Solidarieta' |
, 280 |
- 45011 |
Adria |
(RO) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
|
Ferro |
Luigi |
|
|
Born in Colognola Ai Colli |
(VR) |
on 27/10/1934 |
- Fiscal Code : FRRLGU34R27C897N |
|
Ex-Postions |
|
Director |
|
|
Ferro |
Luigi |
|
|
Born in Colognola Ai Colli |
(VR) |
on 27/10/1934 |
- Fiscal Code : FRRLGU34R27C897N |
|
|
Residence: |
Roma |
, 11 |
- 37030 |
Colognola Ai Colli |
(VR) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Stevanella |
Paolo |
|
|
Born in San Bonifacio |
(VR) |
on 06/07/1962 |
- Fiscal Code : STVPLA62L06H783F |
|
|
Residence: |
Kennedy |
, 48 |
- 37059 |
Zevio |
(VR) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Temporary Auditor |
|
|
Ceni |
Luisa |
|
|
Born in Verona |
(VR) |
on 28/12/1964 |
- Fiscal Code : CNELSU64T68L781I |
|
|
Residence: |
Cavour |
, 10 |
- 37121 |
Verona |
(VR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Centurioni |
Alberto |
|
|
Born in Verona |
(VR) |
on 29/11/1959 |
- Fiscal Code : CNTLRT59S29L781H |
|
|
Residence: |
Cadene |
, 3 |
- 37031 |
Illasi |
(VR) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Glisenti |
Giovanni |
|
|
Born in Milano |
(MI) |
on 04/09/1956 |
- Fiscal Code : GLSGNN56P04F205B |
|
|
Residence: |
San Fermo |
, 24 |
- 37121 |
Verona |
(VR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of merging by taking over of |
|
|
|
|
Ateste, |
, 10 |
, 35042 |
, Este |
(PD) |
- IT - |
|
|
Fiscal Code: 01060370283 |
|
|
Date |
Merging/splitting-up project: |
18/12/2012 |
|
|
The firm absorbed by merging of |
|
|
|
|
Ateste, |
, 10 |
, 35042 |
, Este |
(PD) |
- IT - |
|
|
Fiscal Code: 01060370283 |
|
|
Date |
: |
20/05/2013 |
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 |
|
BANCA POP. DI VERONA - BPV-SGSP SPA |
STRA' |
VIA NAZIONALE, 102 |
37042 |
Caldiero (VR) |
5188 |
59320 |
Financial
and Economical Analysis
Company's starting of activities dates back to 1998.
The economic-financial analysis has been made on the base of the b/s of
the latests three years.
During the last years, it recorded positive net results (r.o.e. 6,09% in
2013)
The operating result was positive in the last financial year (4,17%) and
in line with the sector's average.
The amount of the operating result for the year 2013 is of Eur. 3.439.713
with a -31,78% fall as against the year 2012.
During the latest financial year the gross operating margin amounted to
Eur. 6.002.217 stable if compared to the financial year 2012.
The analysis shows a fair financial position as the indebtedness volume
is acceptable (2,14) but with an increase as against the previous accounting
period.
Subject can manage an equity capital funds for an amount of Eur.
23.042.642 , stable in comparison with the value of the previous year.
Total debts recorded amounted to Eur. 57.397.464 (Eur. 7.849.268 of
which were m/l term debts) , with no sensible variation.
Bank borrowings' volume is slightly high but the recourse to suppliers'
credit is modest below field's average.
Payments are supported by good current assets.
Trade credits average terms are 73,84 days. , shorter than the sector's
average.
The financial management generated a cash flow of Eur. 3.964.709.
In the last financial year labour cost was of Eur. 5.568.263, with a
4,79% incidence on total costs of production. , whereas 4,68% is the incidence
on sales revenues.
Financial charges have a limited incidence (-1,06%) on sales volume.
Financial
Data
|
|
Complete balance-sheet for the year |
al 30/06/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
118.912.161 |
|
Profit (Loss) for the period |
1.402.205 |
|
|
Complete balance-sheet for the year |
al 30/06/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
144.414.230 |
|
Profit (Loss) for the period |
2.251.150 |
|
|
Complete balance-sheet for the year |
al 30/06/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
95.302.915 |
|
Profit (Loss) for the period |
1.509.062 |
|
|
Complete balance-sheet for the year |
al 30/06/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
60.494.496 |
|
Profit (Loss) for the period |
-1.753.335 |
|
|
Complete balance-sheet for the year |
al 30/06/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
97.928.854 |
|
Profit (Loss) for the period |
4.265.159 |
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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|
|
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 |
0,40 |
0,40 |
0,46 |
0,34 |
|
Elasticity Ratio |
Units |
0,60 |
0,60 |
0,54 |
0,64 |
|
Availability of stock |
Units |
0,18 |
0,17 |
0,19 |
0,15 |
|
Total Liquidity Ratio |
Units |
0,42 |
0,43 |
0,35 |
0,46 |
|
Quick Ratio |
Units |
0,00 |
0,00 |
0,01 |
0,01 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
2,14 |
2,13 |
2,37 |
1,80 |
|
Self Financing Ratio |
Units |
0,28 |
0,29 |
0,27 |
0,26 |
|
Capital protection Ratio |
Units |
0,86 |
0,81 |
0,83 |
0,75 |
|
Liabilities consolidation quotient |
Units |
0,17 |
0,12 |
0,12 |
0,23 |
|
Financing |
Units |
2,49 |
2,41 |
2,69 |
2,59 |
|
Permanent Indebtedness Ratio |
Units |
0,38 |
0,37 |
0,35 |
0,46 |
|
M/L term Debts Ratio |
Units |
0,10 |
0,08 |
0,08 |
0,12 |
|
Net Financial Indebtedness Ratio |
Units |
1,97 |
1,84 |
1,85 |
0,57 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
0,95 |
0,92 |
0,75 |
1,28 |
|
Current ratio |
Units |
1,00 |
0,96 |
0,84 |
1,16 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,70 |
0,69 |
0,54 |
0,84 |
|
Structure's primary quotient |
Units |
0,70 |
0,73 |
0,58 |
0,74 |
|
Treasury's primary quotient |
Units |
0,00 |
0,01 |
0,01 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
357,95 |
345,91 |
374,71 |
381,85 |
|
Current Capital ( net ) |
Value |
-186.571 |
-1.663.325 |
-7.500.023 |
401.161 |
|
RETURN |
|||||
|
Return on Sales |
% |
3,33 |
2,95 |
3,75 |
3,85 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
6,09 |
10,23 |
7,64 |
2,70 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
10,41 |
16,77 |
14,19 |
8,97 |
|
Return on Investment ( R.O.I. ) |
% |
4,17 |
6,62 |
4,55 |
4,02 |
|
Return/ Sales |
% |
2,89 |
3,49 |
3,53 |
3,73 |
|
Extra Management revenues/charges incid. |
% |
40,77 |
44,65 |
44,81 |
25,78 |
|
Cash Flow |
Value |
3.964.709 |
4.256.607 |
3.576.005 |
297.038 |
|
Operating Profit |
Value |
3.439.713 |
5.042.261 |
3.367.914 |
271.622 |
|
Gross Operating Margin |
Value |
6.002.217 |
7.047.718 |
5.773.991 |
541.113 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
73,84 |
61,74 |
77,72 |
112,20 |
|
Debts to suppliers average term |
Days |
28,68 |
26,11 |
52,81 |
101,28 |
|
Average stock waiting period |
Days |
44,71 |
32,29 |
53,41 |
48,71 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,44 |
1,90 |
1,29 |
1,14 |
|
Rate of stock return |
Units |
8,05 |
11,15 |
6,74 |
7,38 |
|
Labour cost incidence |
% |
4,68 |
3,18 |
4,08 |
15,03 |
|
Net financial revenues/ charges incidence |
% |
-1,06 |
-1,01 |
-0,38 |
-1,41 |
|
Labour cost on purchasing expenses |
% |
4,79 |
3,29 |
4,16 |
14,64 |
|
Short-term financing charges |
% |
2,95 |
3,63 |
1,71 |
3,20 |
|
Capital on hand |
% |
69,36 |
52,72 |
77,69 |
86,99 |
|
Sales pro employee |
Value |
1.183.205 |
1.009.889 |
1.342.294 |
279.071 |
|
Labour cost pro employee |
Value |
55.405 |
32.129 |
54.769 |
38.958 |
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 805 significant companies.
The companies cash their credits on an average of 112 dd.
The average duration of suppliers debts is about 101 dd.
The sector's profitability is on an average of 3,85%.
The labour cost affects the turnover in the measure of 15,03%.
Goods are held in stock in a range of 49 dd.
The difference between the sales volume and the resources used to
realize it is about 1,14.
The employees costs represent the 14,64% of the production costs.
Statistical
Detrimental Data
Statistcally the trade activity shows periods of crisis.
The area is statistically considered moderately risky.
In the region 13.782 protested subjects are found; in the province they
count to 1.048.
The insolvency index for the region is 0,30, , while for the province it
is 0,43.
Total Bankrupt companies in the province : 731.
Total Bankrupt companies in the region : 16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.28 |
|
UK Pound |
1 |
Rs.102.77 |
|
Euro |
1 |
Rs.82.12 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
SDA |
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.