|
Report Date : |
11.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
FIP INDUSTRIALE S.P.A. |
|
|
|
|
Registered Office : |
Via Scapacchio', 41 35030 - Selvazzano Dentro (PD) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
16.03.1990 |
|
|
|
|
Legal Form : |
Joint stock company with sole shareholder |
|
|
|
|
Line of Business : |
Manufacture of plastic products for the building industry |
|
|
|
|
No. of Employees : |
From 251 to 500 |
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 – 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 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 |
Fip Industriale S.p.a.
Via Scapacchio', 41
35030 - Selvazzano Dentro (PD) -IT-
|
Fiscal Code |
: |
02373170287 |
|
Legal Form |
: |
Joint stock company with sole shareholder |
|
start of Activities |
: |
16/03/1990 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
100.000.000/150.000.000 |
|
Number of Employees |
: |
From 251 to 500 |
|
Group |
: |
IVG/FIP |
Manufacture of plastic products for the building industry
Legal Form : Joint stock company with sole shareholder
|
Fiscal Code : 02373170287 |
|
Foreign Trade Reg. no. : PD019974 since 21/02/1992 |
|
Chamber of Commerce no. : 126794 of L'Aquila |
|
Chamber of Commerce no. : 117677 of Cosenza |
|
Chamber of Commerce no. : 330851 of Catania |
|
Chamber of Commerce no. : 225629 of Messina |
|
Chamber of Commerce no. : 225035 of Padova since 11/05/1990 |
|
Chamber of Commerce no. : 869591 of Roma |
|
Chamber of Commerce no. : 1215352 of Roma |
|
Chamber of Commerce no. : 1340248 of Roma |
|
Firms' Register : PD060-35025 of Padova since 19/02/1996 |
|
V.A.T. Code : 02373170287 |
|
Foundation date |
: 16/03/1990 |
|
|
Establishment date |
: 16/03/1990 |
|
|
Start of Activities |
: 16/03/1990 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 20.000.000 |
|
|
Subscribed Capital |
: 20.000.000 |
|
|
Paid up Capital |
: 20.000.000 |
|
Chiarotto |
Donatella |
|
Born in Padova |
(PD) |
on 22/10/1962 |
- Fiscal Code : CHRDTL62R62G224C |
|
Residence: |
Orsato Sertorio |
, 30 |
- 30175 |
Venezia |
(VE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
21/06/2013 |
||
|
Director |
21/06/2013 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Serenissima Holding S.p.a. |
|
Residence: |
Del Castello |
, 16 |
- 35141 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
09/03/2005 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Magon |
Giancarlo |
|
Born in Selvazzano Dentro |
(PD) |
on 14/04/1955 |
- Fiscal Code : MGNGCR55D14I595U |
|
Residence: |
Umago |
, 10 |
- 35135 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Technical Manager |
10/02/1997 |
|
De Zuccato |
Luigi |
|
Born in Padova |
(PD) |
on 26/08/1958 |
- Fiscal Code : DZCLGU58M26G224F |
|
Residence: |
San Martino |
, 4 |
- 35142 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Technical Manager |
23/04/2001 |
||
|
Director |
18/10/2013 |
||
|
Managing Director |
18/10/2013 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Cantonetti |
Alberto |
|
Born in Roma |
(RM) |
on 20/10/1954 |
- Fiscal Code : CNTLRT54R20H501O |
|
Residence: |
Mure Sud |
, 36 |
- 35044 |
Montagnana |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Technical Manager |
23/04/2001 |
|
Martinello |
Andrea |
|
Born in Noventa Vicentina |
(VI) |
on 12/06/1960 |
- Fiscal Code : MRTNDR60H12F964J |
|
Residence: |
Crearo |
, 53 |
- 36025 |
Noventa Vicentina |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Technical Manager |
|
Roberto La Lampa Sas |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Auditor |
21/06/2013 |
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have holded positions.
|
Chiarotto |
Donatella |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Consorzio Lepanto |
Padova (PD) - IT - |
02774810275 |
Vice-Chairman |
Active |
Registered |
|
Consorzio Lepanto |
Padova (PD) - IT - |
02774810275 |
Director |
Active |
Registered |
|
Immobiliare Borgo Cavour S.r.l. |
Treviso (TV) - IT - |
00177900263 |
Chairman |
Withdrawn |
Registered |
|
Consortile Venezia Lavori Co.ve.la S.c.A R.l. |
Padova (PD) - IT - |
03209800287 |
Director |
Active |
Registered |
|
Serenissima Holding S.p.a. |
Padova (PD) - IT - |
02132530284 |
Director |
Withdrawn |
Ceased |
|
Serenissima Holding S.p.a. |
Padova (PD) - IT - |
02132530284 |
Managing Director |
Withdrawn |
Ceased |
|
Acs - Acai Servizi S.r.l. |
Milano (MI) - IT - |
10800100157 |
Sole Director |
Active |
Registered |
|
Serenissima Holding S.p.a. |
Padova (PD) - IT - |
02758500249 |
Managing Director |
- |
Ceased |
|
Serenissima Holding S.p.a. |
Padova (PD) - IT - |
02758500249 |
Director |
- |
Ceased |
|
Immobiliare Donatella S.n.c. Di R, Chiarotto E C. |
Padova (PD) - IT - |
00794370288 |
Partner |
Active |
Registered |
|
Impresa Di Costruzioni Ing. E. MantovaniS.p.a. |
Treviso (TV) - IT - |
02350790263 |
Sole Director |
Withdrawn |
Ceased |
|
Passante Di Mestre Societa' Consortile Per Azioni |
Mogliano Veneto (TV) - IT - |
03549420275 |
Director |
Active |
Registered |
|
De Zuccato |
Luigi |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Italbeton S.r.l. |
Trento (TN) - IT - |
01589120235 |
Attorney with special power |
Withdrawn |
Registered |
|
Padana Interventi - S.r.l. |
Padova (PD) - IT - |
01000910289 |
Director |
Active |
Registered |
|
3 Esse S.c.a R.l. |
Selvazzano Dentro (PD) - IT - |
04325850289 |
Director |
Active |
Registered |
|
3 Esse S.c.a R.l. |
Selvazzano Dentro (PD) - IT - |
04325850289 |
Board Chairman |
Active |
Registered |
|
Cons.fer Consorzio Stabile |
Selvazzano Dentro (PD) - IT - |
04304030283 |
Chairman |
Active |
Registered |
|
Cons.fer Consorzio Stabile |
Selvazzano Dentro (PD) - IT - |
04304030283 |
Director |
Active |
Registered |
|
Serenissima Societa' Consortile A R.l. |
Selvazzano Dentro (PD) - IT - |
03935760284 |
Sole Director |
Active |
Registered |
|
Licodia S.c.a.r.l. |
Selvazzano Dentro (PD) - IT - |
04567090289 |
Director |
Active |
Registered |
|
Licodia S.c.a.r.l. |
Selvazzano Dentro (PD) - IT - |
04567090289 |
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.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Serenissima Holding S.p.a. |
Padova - IT - |
02758500249 |
100,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
Isomat Italia S.p.A. |
Segrate - IT - |
01691790156 |
800.000.000 .Eur |
80,00 |
Active |
||
|
Tecnogel S.r.l. |
Teolo - IT - |
02094090285 |
343.232.000 .Eur |
50,00 |
Active |
||
|
Sapi S.p.a. |
Padova - IT - |
00667110282 |
101.300 .Eur |
Active |
|||
|
Giubileo Messidoro Societa' Consortile A R.l. |
Argenta - IT - |
01426880389 |
10.000.000 .Eur |
50,00 |
Active |
||
|
Isarco - Societa' Consortile A Responsab ilita' Limitata |
Parma - IT - |
01845150349 |
7.600.000 .Eur |
38,00 |
Active |
||
|
Passo Campalto Societa' Consortile A R.l . In Liquidazione |
Padova - IT - |
03419370287 |
200.000 .Eur |
1,00 |
Ceased |
||
|
Viadotto Bolzano S.c.r.l. |
Asti - IT - |
01223800051 |
5.200.000 .Eur |
26,00 |
Ceased |
||
|
Boccetta 2000 S.c.r.l. In Liquidazione |
Catania - IT - |
03703860878 |
10.122.000 .Eur |
50,61 |
Active |
In order to carry out its activities the firm uses the following locations:
|
- |
Legal and operative seat |
since 16/03/1990 |
|
Scapacchio' |
, 41 |
- 35030 |
- Selvazzano Dentro |
(PD) |
- IT - |
|
PHONE |
: 0498225511 |
|
|
: FIPINDUSTRIALE@LEGALMAIL.IT |
|
- |
Branch |
(Sales office) |
since 01/01/2012 |
|
Clodio |
, 14 |
- 00100 |
- Roma |
(RM) |
- IT - |
|
- |
Branch |
(Yard) |
since 01/10/2011 |
|
Molona - Ss 124 |
, KM13+800 |
- 95041 |
- Caltagirone |
(CT) |
- IT - |
|
Trading Style: CANTIERE VARIANTE DI CALTAGIR |
|
- |
Branch |
(Administrative office) |
since 24/02/2012 |
|
Rocco Carabba |
, 37 |
- 67100 |
- L'Aquila |
(AQ) |
- IT - |
|
- |
Branch |
(Sales office) |
since 01/08/2013 |
|
San Martino |
, 273 |
- 98100 |
- Messina |
(ME) |
- IT - |
|
- |
Branch |
(Branch) |
since 13/01/2010 |
|
Via Rruga Vaso Pasha |
, 8 |
- Tirana |
(EE) |
- AL - |
|
Employees |
: 465 |
|
Fittings and Equipment for a value of 6.560.000 |
Eur |
|
Stocks for a value of 351.840.000 |
Eur |
|
Work in progress for a value of 335.070.000 |
Eur |
The firm operates abroad as importer / exporter..
To purchase foreign products the firm uses the following channels :
|
- direct orders to foreign companies |
Export represents up to 20% of the global turnover.
Products abroad are placed by :
|
- its own agents |
Import comes generally from the following nations:
|
- Belgium |
Export is mainly towards:
|
- Italy |
|
- France |
|
- Ireland |
COMPANY STYLE MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
S.I.L.A.G.E. Soc.It.Lavorazione ArticoliGrande SpA |
26/06/1990 |
EX-MEMBERS / EX-POSITIONS:
|
La Lampa |
Roberto |
|
Born in Valdagno |
(VI) |
on 18/03/1948 |
- Fiscal Code : LLMRRT48C18L551S |
|
Residence: |
Diaz |
, 19 |
- 35030 |
Selvazzano Dentro |
(PD) |
- IT - |
|
Ex-Postions |
|
Auditor |
|
Fundaro' |
Francesco |
|
Born in Alcamo |
(TP) |
on 19/02/1970 |
- Fiscal Code : FNDFNC70B19A176R |
|
Residence: |
Europa |
, 305 |
- 91011 |
Alcamo |
(TP) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
SCARAMUZZA |
MAURO |
|
Born in VENEZIA - MESTRE |
(VE) |
on 05/03/1958 |
- Fiscal Code : SCRMRA58C05F159I |
|
Residence: |
FRASSINELLI |
, 52 |
- 30030 |
Martellago |
(VE) |
- IT - |
|
Ex-Postions |
|
Technical Manager |
|
NALLI |
ENZO |
|
Born in MONTAGNANA |
(PD) |
on 17/09/1942 |
- Fiscal Code : NLLNZE42P17F394H |
|
Residence: |
MODENA GUSTAVO |
, 40 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
Scanferla |
Sergio |
|
Born in Padova |
(PD) |
on 18/01/1933 |
- Fiscal Code : SCNSRG33A18G224P |
|
Residence: |
Porte Contarine |
, 4 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
ANTONELLO |
LUCIO |
|
Born in SAN MARTINO DI LUPARI |
(PD) |
on 24/02/1952 |
- Fiscal Code : NTNLCU52B24I008T |
|
Residence: |
CANESTRINI GIOVANNI |
, 18 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Chiarotto |
Donatella |
|
Born in Padova |
(PD) |
on 22/10/1962 |
- Fiscal Code : CHRDTL62R62G224C |
|
Residence: |
S. Pelaio |
, 1/A |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Ex-Postions |
|
Sole Director |
|
Board Chairman |
|
Director |
|
Peracin |
Gianfranco |
|
Born in Brescia |
(BS) |
on 10/04/1963 |
- Fiscal Code : PRCGFR63D10B157H |
|
Residence: |
Porciglia |
, 14 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Guarnieri |
Antonio |
|
Born in Padova |
(PD) |
on 26/07/1964 |
- Fiscal Code : GRNNTN64L26G224Y |
|
Residence: |
Campagnola |
, 36 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Cristofori |
Maria Grazia |
|
Born in Cento |
(FE) |
on 14/04/1955 |
- Fiscal Code : A |
|
Residence: |
Reno Vecchio |
, 17 |
- 44042 |
Cento |
(FE) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
Scaramuzza |
Mauro |
|
Born in Venezia |
(VE) |
on 05/03/1958 |
- Fiscal Code : AMD |
|
Residence: |
Terraglietto |
, 17/B |
- 30100 |
Venezia |
(VE) |
- IT - |
|
Ex-Postions |
|
Technical Manager |
|
Director |
|
Managing Director |
|
Mistretta |
Maurizio |
|
Born in Alcamo |
(TP) |
on 20/10/1964 |
- Fiscal Code : MSTMRZ64R20A176R |
|
Ex-Postions |
|
Procurator |
|
Scaramuzza |
Mauro |
|
Born in Venezia |
(VE) |
on 05/03/1958 |
- Fiscal Code : SCRMRA58C05L736X |
|
Residence: |
Terraglietto |
, 17/B |
- 30100 |
Venezia |
(VE) |
- IT - |
|
Ex-Postions |
|
Technical Manager |
|
Director |
|
Managing Director |
|
The firm absorbed by merging of |
|
Tecnofield S.P.A. |
|
, VENEZIA-MESTRE, VIA C.BATTISTI |
- IT - |
|
Fiscal Code: 00690610829 |
|
Date |
: |
16/07/1997 |
|
The firm absorved |
|
TESIT S.R.L. |
|
Bligny |
, 23/A |
, 20100 |
, Milano |
(MI) |
- IT - |
|
Fiscal Code: 00936980150 |
|
Date |
: |
09/12/2003 |
|
Project of merging by taking over of |
|
TESIT S.R.L. |
|
Bligny |
, 23/A |
, 20100 |
, Milano |
(MI) |
- IT - |
|
Fiscal Code: 00936980150 |
|
Date |
Merging/splitting-up project: |
30/06/2003 |
|
The firm absorbed by merging of |
|
TESIT S.R.L. |
|
Bligny |
, 23/A |
, 20100 |
, Milano |
(MI) |
- IT - |
|
Fiscal Code: 00936980150 |
|
Date |
: |
09/12/2003 |
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.
The company is active since 1990
The economic-financial analysis has been made on the base of the b/s of the latests three years.
Unstable economic results mark the company's financial state of affairs. anyway in 2012 a positive result was achieved (r.o.e. 5,61%). The turnover is growing in the last financial year (+30,51%).
The operating result in 2012 was positive (1,29%) falling within the field's average.
The amount of the operating result is equal to Eur. 7.136.323 increasing if compared to the yeart 2011.
The gross operating margin of the latest financial year is of Eur. 10.653.275 growing by more then 100% if compared to the year before.
Financial condition is not balanced as own capitals do not cover debts, indebtedness level is in fact high (16,6) which is rising compared to 2011.
With regard to equity capital, an amount of Eur. 30.443.140 is registered. on stable levels.
The financial management has recorded total debts amounting to Eur. 514.993.051, , a more or less stable value.
Companys' indebtedness is fairly high in relation to its net worth; payments average period is slow and higher than sector's average.
Liquidity is however good.
Accounts receivable average term is high (210,41 days). also in relation to the average of the sector.
The financial management generated a cash flow of Eur. 4.630.971.
Labour cost expenses amount to Eur. 20.628.294 , representing 12,09% on the total of production costs. and a 14,62% incidence on sales volumes.
The financial management is marked by a high incidence of financial charges in relation to sales revenues (-2,84%).
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
141.105.870 |
|
Profit (Loss) for the period |
1.708.980 |
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
108.113.040 |
|
Profit (Loss) for the period |
-14.569.729 |
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
214.954.799 |
|
Profit (Loss) for the period |
3.237.466 |
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 |
|
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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 |
0,05 |
0,07 |
0,08 |
0,33 |
|
Elasticity Ratio |
Units |
0,95 |
0,93 |
0,92 |
0,65 |
|
Availability of stock |
Units |
0,64 |
0,65 |
0,60 |
0,14 |
|
Total Liquidity Ratio |
Units |
0,31 |
0,28 |
0,32 |
0,47 |
|
Quick Ratio |
Units |
0,02 |
0,00 |
0,01 |
0,01 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
16,60 |
15,78 |
10,19 |
2,54 |
|
Self Financing Ratio |
Units |
0,06 |
0,06 |
0,09 |
0,22 |
|
Capital protection Ratio |
Units |
0,29 |
0,81 |
0,36 |
0,74 |
|
Liabilities consolidation quotient |
Units |
0,00 |
0,01 |
0,01 |
0,24 |
|
Financing |
Units |
16,92 |
15,79 |
10,34 |
3,21 |
|
Permanent Indebtedness Ratio |
Units |
0,06 |
0,06 |
0,10 |
0,41 |
|
M/L term Debts Ratio |
Units |
0,00 |
0,01 |
0,01 |
0,13 |
|
Net Financial Indebtedness Ratio |
Units |
2,18 |
2,52 |
1,57 |
1,12 |
|
CORRELATION |
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|
Fixed assets ratio |
Units |
1,24 |
0,92 |
1,24 |
1,17 |
|
Current ratio |
Units |
1,02 |
1,00 |
1,02 |
1,10 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,34 |
0,31 |
0,36 |
0,82 |
|
Structure's primary quotient |
Units |
1,15 |
0,85 |
1,11 |
0,68 |
|
Treasury's primary quotient |
Units |
0,02 |
0,00 |
0,01 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
1812,38 |
1703,12 |
1143,57 |
455,17 |
|
Current Capital ( net ) |
Value |
9.795.985 |
1.369.191 |
8.166.159 |
135.108 |
|
RETURN |
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|
Return on Sales |
% |
3,28 |
-8,20 |
2,63 |
3,71 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
5,61 |
-50,71 |
8,92 |
2,32 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
11,82 |
-66,84 |
16,11 |
8,76 |
|
Return on Investment ( R.O.I. ) |
% |
1,29 |
-3,08 |
1,88 |
3,87 |
|
Return/ Sales |
% |
5,06 |
-13,96 |
3,64 |
3,60 |
|
Extra Management revenues/charges incid. |
% |
23,95 |
n.c. |
41,38 |
16,69 |
|
Cash Flow |
Value |
4.630.971 |
-8.865.859 |
5.662.085 |
147.669 |
|
Operating Profit |
Value |
7.136.323 |
-15.094.351 |
7.823.633 |
140.969 |
|
Gross Operating Margin |
Value |
10.653.275 |
-5.631.598 |
10.248.252 |
283.954 |
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MANAGEMENT |
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Credits to clients average term |
Days |
210,41 |
199,13 |
91,03 |
110,91 |
|
Debts to suppliers average term |
Days |
336,49 |
265,50 |
214,26 |
113,90 |
|
Average stock waiting period |
Days |
897,64 |
1051,35 |
416,63 |
47,23 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,26 |
0,22 |
0,52 |
1,09 |
|
Rate of stock return |
Units |
0,40 |
0,34 |
0,86 |
7,61 |
|
Labour cost incidence |
% |
14,62 |
17,74 |
8,75 |
15,52 |
|
Net financial revenues/ charges incidence |
% |
-2,84 |
-3,34 |
-0,95 |
-1,76 |
|
Labour cost on purchasing expenses |
% |
12,09 |
10,05 |
9,44 |
15,56 |
|
Short-term financing charges |
% |
0,87 |
0,86 |
0,61 |
3,19 |
|
Capital on hand |
% |
391,02 |
452,65 |
193,14 |
91,39 |
|
Sales pro employee |
Value |
328.153 |
180.489 |
534.713 |
214.336 |
|
Labour cost pro employee |
Value |
47.972 |
32.018 |
46.813 |
32.630 |
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 |
: |
882.779 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
456 |
|
- per non food products |
: |
2.052 |
|
- per energy consume |
: |
127 |
The values are calculated on a base of 2.727 significant companies.
The companies cash their credits on an average of 111 dd.
The average duration of suppliers debts is about 114 dd.
The sector's profitability is on an average of 3,71%.
The labour cost affects the turnover in the measure of 15,52%.
Goods are held in stock in a range of 47 dd.
The difference between the sales volume and the resources used to realize it is about 1,09.
The employees costs represent the 15,56% of the production costs.
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 2.646.
The insolvency index for the region is 0,30, , while for the province it is 0,30.
Total Bankrupt companies in the province : 3.821.
Total Bankrupt companies in the region : 16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.20 |
|
|
1 |
Rs.102.35 |
|
Euro |
1 |
Rs.84.95 |
INFORMATION DETAILS
|
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.