|
Report Date : |
31.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
COSTA NORTE MARRUECOS SL |
|
|
|
|
Registered Office : |
Pol Ind El Tarajal,Ii Fase Nave 16a. - Ceuta - 51003 -
Ceuta |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
19.03.2010 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Import and retail sale of food products. |
|
|
|
|
No. of Employees |
Not Available |
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) |
|
Spain |
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 |
SPAIN ECONOMIC OVERVIEW
Spain experienced a prolonged recession in the wake of the global financial crisis. GDP contracted by 3.7% in 2009, ending a 16-year growth trend, and continued contracting through most of 2013. Economic growth resumed in late 2013, albeit only modestly, as credit contraction in the private sector, fiscal austerity, and high unemployment continued to weigh on domestic consumption and investment. Exports, however, have been resilient throughout the economic downturn, partially offsetting declines in domestic consumption and helped to bring Spain's current account into surplus in 2013 for the first time since 1986. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, straining Spain's public finances as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2009. Spain gradually reduced the deficit to just under 7% of GDP in 2013, slightly above the 6.5% target negotiated between Spain and the EU. Public debt has increased substantially – from 60.1% of GDP in 2010 to 93.4% in 2013. Rising labor productivity, moderating labor costs, and lower inflation have helped to improve foreign investor interest in the economy and to reduce government borrowing costs. The government's ongoing efforts to implement reforms - labor, pension, health, tax, and education - are aimed at supporting investor sentiment. The government also has shored up struggling banks exposed to Spain's depressed domestic construction and real estate sectors by successfully completing an EU-funded restructuring and recapitalization program in December 2013
|
Source
: CIA |
|
Name: |
COSTA NORTE MARRUECOS SL |
|
NIF / Fiscal code: |
B51024768 |
|
Status: |
ACTIVE |
|
Incorporation Date: |
19/03/2010 |
|
Register Data |
Register Section 8 Sheet 2376 |
|
Last Publication in BORME: |
16/12/2013 [Appointments] |
|
Last Published Account Deposit: |
2012 |
|
Share Capital: |
3.100 |
|
|
|
|
Localization: |
POL IND EL TARAJAL,II FASE NAVE 16A. - CEUTA - 51003 - CEUTA |
|
Telephone - Fax - Email - Website: |
Ph.:. 956505172 Email. costanorte.s.l.u@hotmail.fr |
|
|
|
|
Activity: |
|
|
NACE: |
4729 - Other retail sale of food in specialised stores |
|
Registered Trademarks: |
|
|
Audited / Opinion: |
No |
|
Tenders and Awards: |
0 for a total cost of 0 |
|
Subsidies: |
0 for a total cost of 0 |
|
Quality Certificate: |
No |
|
|
|
Number |
Amount (€) |
Most Recent Entry |
|
Insolvency Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
|
Defaults on debt with Financial Institutions and Large Companies |
|
None |
--- |
--- |
|
Judicial Claims (Notices, Executive Proceedings, Attachments, Auctions, Bad Debt) |
|
None |
0 |
--- |
|
Proceedings heard by the Civil Court |
|
Unpublished |
0 |
--- |
|
Proceedings heard by the Labour Court |
|
Unpublished |
0 |
--- |
|
Partners: |
|
Shares: |
0 |
|
|
Other Links: |
0 |
|
|
No. of Active Corporate Bodies: |
JOINT MANAGER 2 |
|
|
Ratios |
2012 |
2011 |
Change |
|
|
|
|
|
Guarantees: |
|
|
Properties Registered: |
Company NO, Administrator NO |
|
Financing / Guarantee Sources : |
Sources NO, Guarantees NO |
|
|
|
|
Constituted in the year 2010, dedicated to the sale of food, with a high-yield financial products, it enjoys a good concept among the sources consulted. It meets normal payment commitments. |
Identification |
|
|
Social Denomination: |
COSTA NORTE MARRUECOS SL |
|
NIF / Fiscal code: |
B51024768 |
|
Corporate Status: |
ACTIVE |
|
Start of activity: |
2010 |
|
Registered Office: |
POL IND EL TARAJAL,II FASE NAVE 16A. |
|
Locality: |
CEUTA |
|
Province: |
CEUTA |
|
Postal Code: |
51003 |
|
Telephone: |
956505172 |
|
Email: |
costanorte.s.l.u@hotmail.fr |
Activity |
|
|
NACE: |
4729 |
|
CNAE Obtaining Source: |
4729 |
|
Additional Information: |
It is dedicated to the import and retail sale of food products. |
|
Additional Address: |
POL IND EL TARAJAL,II FASE NAVE 16A. 51003 CEUTA , registered office, warehouse, offices, ship rentals. |
|
Import / export: |
IMPORT |
|
Future Perspective: |
Consolidation |
|
Industry situation: |
Maturity |
Chronological Summary |
|||
|
|
Year |
Act |
|
|
|
2010 |
Appointments/ Re-elections (1) Company Formation (1) Declaration of Sole Propietorship (1) |
|
|
|
2011 |
Appointments/ Re-elections (1) Cessations/ Resignations/ Reversals (1) Declaration of Sole Propietorship (1) Loss of the sole propietorship condition (1) Other Concepts/ Events (1) Statutory Modifications (1) |
|
|
|
2012 |
Accounts deposit (ejer. 2010, 2011) Appointments/ Re-elections (1) Cessations/ Resignations/ Reversals (1) |
|
|
|
2013 |
Accounts deposit (ejer. 2012) Appointments/ Re-elections (1) Cessations/ Resignations/ Reversals (1) Loss of the sole propietorship condition (1) |
|
Breakdown of Owners' Equity |
|
|
Registered Capital: |
3.100 |
|
Paid up capital: |
3.100 |
Updated Evolution of the Subscribed and Paid-in Capital |
|||||
|
|
|||||
|
Publishing Date |
Registration Type |
Capital Subscribed |
Paid up capital |
Underwritten result |
Disbursed Result |
|
23/03/2010 |
Company Formation |
3.100 |
3.100 |
3.100 |
3.100 |
Active Social Bodies |
|
Post published |
Social Body's Name |
Appointment Date |
Other Positions in this Company |
|
JOINT MANAGER |
DEBDI SGHIR MOHAMED |
03/12/2013 |
1 |
|
|
ARDOUN YOUSSEF |
19/04/2012 |
1 |
Historical Social Bodies |
|
Social Body's Name |
Post published |
End Date |
Other Positions in this Company |
|
DABDI SGHIAR MOHAMED |
SINGLE ADMINISTRATOR |
27/09/2011 |
2 |
|
|
SINGLE PARTNER |
27/09/2011 |
|
|
DEBDI SGHIR HAFIDA |
JOINT MANAGER |
19/04/2012 |
1 |
|
DEBDI SGHIR YOUSSEF |
JOINT MANAGER |
03/12/2013 |
2 |
|
|
SINGLE PARTNER |
03/12/2013 |
|
Executive board |
|
Post |
NIF |
Name |
|
ADMINISTRATOR |
|
MOHAMED DEBDI SGHIR |
|
ADMINISTRATOR |
|
YOUSSEF ARDOUN |
Defaults, Legal Claims and Insolvency Proceedings |
Section enabling assessment of the degree of compliance of the company queried with its payment obligations. It provides information on the existence and nature of all stages of Insolvency and Legal Proceedings published with reference to the Company in the country's various Official Bulletins and national newspapers, as well Defaults Registered in the main national credit bureaus (ASNEF Industrial and RAI ).
> Summary
Chronological summary
|
|
|
Number of Publications |
Amount (_) |
Start date |
End date |
|
Insolvency Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
--- |
|
Request/Declaration |
|
0 |
--- |
date |
|
|
Proceedings |
|
--- |
--- |
|
--- |
|
Resolution |
|
--- |
--- |
|
--- |
|
Defaults on debt with Financial Institutions and Large Companies |
Bank and Commercial Delinquency |
None |
0 |
|
|
|
Status: Friendly |
|
--- |
|
|
|
|
Status: Pre-Litigation |
|
--- |
|
|
|
|
Status: Litigation |
|
--- |
|
|
|
|
Status: Non-performing |
|
--- |
|
|
|
|
Status: insolvency proceedings, bankruptcy and suspension of payments |
|
--- |
|
|
|
|
Other status |
|
--- |
|
|
|
|
Legal and Administrative Proceedings |
|
Unpublished |
--- |
|
|
|
Notices of defaults and enforcement |
|
--- |
--- |
|
--- |
|
Seizures |
|
--- |
--- |
|
--- |
|
Auctions |
|
--- |
--- |
|
--- |
|
Declarations of insolvency and bad debt |
|
--- |
--- |
|
--- |
|
Proceedings heard by the Civil Court |
|
Unpublished |
--- |
|
|
|
Proceedings heard by the Labour Court |
|
Unpublished |
--- |
|
|
> Basis for rating
|
Positive Factors |
Adverse Factors |
|
No judicial claims have been detected in the Official Gazettes, regarding any Company's outstanding debts with the Tax Bureau or Social Security administrations, as submitted by Courts of the various court jurisdictions. It has been found to have regular payment performance and has paid all of its debts in a timely manner. The current debt represents a 39.72of the financial structure. In principle, a decrease in this ratio would indicate an improvement in the short-term financial situation. COSTA NORTE MARRUECOS SL obtains economic profitability from the necessary investments in the development of its activity in comparison with its assets. Alta rentabilidad financiera. El rendimiento neto derivado de la actividad típica que la empresa obtiene como consecuencia de sus fondos propios presenta unos valores elevados. |
COSTA NORTE MARRUECOS SL it presents an excessive indebtedness that may compromise their balance sheet. Limited capacity to generate cash and cash equivalents through operating income. In principle, a decrease in this ratio would indicate a worsening in the Company´s financial situation. No Company's subsidiaries or branches are known. Although it is in a new stage of Consolidationit is part of a group distinguished by a downturn in the market. Private consumption continues to have, in spite of some signs of improvement, very low rates , thus showing great weakness. |
Probability of default |
> Probabilidad Estimada de Impago para los próximos 12 meses: 1.530 %
|
Sector in which comparison is carried out : 472 Retail sale of food, beverages and tobacco in specialised stores |
|
|
Relative Position: Credit quality is superior to that of other companies in the same sector. |
The company's comparative analysis with the rest of the companies that comprise the sector, shows the company holds a better position with regard to the probability of non-compliance.
The 83.00% of the companies of the sector COSTA NORTE MARRUECOS SL belongs to show a higher probability of non-compliance.
The probability of the company's non-compliance with its payment obligations within deadlines estimated by our qualifications models is 1.530%.
In the event they fail to comply with the payment, the seriousness of the loss will depend on factors such as the promptness of the commencement of the charging management, the existence of executive documents which match the credit or the existence of guarantees and free debt assets under the name of the debtor. Therefore, the probability of non-compliance should not be solely interpreted as the total loss of the owed amount.
LEGAL CLAIMS |
|
Summary of Judicial Claims |
|
PROCEDURES OF CONTEST, BANKRUPTCY AND BANKRUPTCY PROTECTION |
|
|
|
|
Legal Proceedings (Bankruptcy Law 22/2003) |
No se han publicado |
|
|
Quiebras y Suspensiones de Pagos (anterior legislación concursal) |
No se han publicado |
|
INCIDENCES WITH THE PUBLIC ADMINISTRATIONS |
|
|
|
|
Incidences with the Tax Agency |
No se han publicado |
|
|
Incidences with the Social Security |
No se han publicado |
|
|
Incidences with the Autonomous Administration |
No se han publicado |
|
|
Incidences with the Local Administration |
No se han publicado |
|
PROCEDURES BEFORE COURTS OF CIVIL MATTERS |
|
|
|
|
Procedures by the Civil Procedural Law 1/2000 |
No se han publicado |
|
|
Proceedings by the old Civil Procedural Law 1.881 |
No se han publicado |
|
PROCEEDINGS BEFORE THE INDUSTRIAL TRIBUNAL |
|
|
|
|
Procedimientos ante Juzgados de lo Social |
No se han publicado |
Turnover |
|
|
Total Sales 2013 |
11.700.000 |
Financial Accounts and Balance Sheets |
Financial Years Presented
|
Ejercicio |
Tipo de Cuentas Anuales |
Fecha Presentacion |
|
2012 |
Normales |
October 2013 |
|
2011 |
Normales |
September 2012 |
|
2010 |
Normales |
May 2012 |
The data in the report regarding the last Company Accounts submitted by the company is taken from the TRADE REGISTER serving the region in which the company's address is located 31/12/2012
> Balance en formato Abreviado de acuerdo al Nuevo Plan General Contable 2007
Information corresponding to the fiscal year 2012 2011 is taken from information submitted to the TRADE REGISTER. Data corresponding to fiscal years before 2012 2011 has been compiled based on the equivalence criteria stipulated in Act JUS/206/2009. Where the provisions of the Act did not establish relevant equivalence criteria, axesor created such criteria using its own methodology. To view details on the methodology.
|
|
ORIGINAL |
ORIGINAL |
|
|
Assets |
2012 |
2011 |
|
|
A) NON-CURRENT ASSETS: 11000 |
7.900,00 |
3.100,00 |
|
|
I. Intangible fixed assets : 11100 |
0,00 |
0,00 |
|
|
II. Tangible fixed assets : 11200 |
6.100,00 |
3.100,00 |
|
|
III. Real estate investment: 11300 |
0,00 |
0,00 |
|
|
IV. Long-term investments in Group companies and associates : 11400 |
0,00 |
0,00 |
|
|
V. Long-term financial investments: 11500 |
1.800,00 |
0,00 |
|
|
VI. Assets for deferred tax : 11600 |
0,00 |
0,00 |
|
|
VII. Non-current trade debtors : 11700 |
0,00 |
0,00 |
|
|
B) CURRENT ASSETS: 12000 |
1.198.109,00 |
255.405,00 |
|
|
I. Non-current assets held for sale : 12100 |
0,00 |
0,00 |
|
|
II. Stocks: 12200 |
699.260,00 |
108.553,00 |
|
|
III. Trade debtors and others receivable accounts: 12300 |
275.906,00 |
30.881,00 |
|
|
1.- Customers for sales and provisions of services : 12380 |
275.906,00 |
30.881,00 |
|
|
a) Long-term receivables from sales and services supplied: 12381 |
0,00 |
0,00 |
|
|
b) Customers for sales and provisions of services : 12382 |
275.906,00 |
30.881,00 |
|
|
2.- Called up share capital : 12370 |
0,00 |
0,00 |
|
|
3.- Other accounts receivable : 12390 |
0,00 |
0,00 |
|
|
IV. Short-term investments in Group companies and associates: 12400 |
0,00 |
0,00 |
|
|
V. Short-term financial investments : 12500 |
63.800,00 |
0,00 |
|
|
VI. Short-term accruals: 12600 |
0,00 |
0,00 |
|
|
VII. Cash and other equivalent liquid assets : 12700 |
159.143,00 |
115.971,00 |
|
|
TOTAL ASSETS (A + B) : 10000 |
1.206.009,00 |
258.505,00 |
|
|
|
ORIGINAL |
ORIGINAL |
|
|
Liabilities and Net Worth |
2012 |
2011 |
|
|
A) NET WORTH: 20000 |
186.216,00 |
62.440,00 |
|
|
A1) Shareholders' equity : 21000 |
186.216,00 |
62.440,00 |
|
|
I. Capital: 21100 |
3.100,00 |
3.100,00 |
|
|
1.- Registered capital: 21110 |
3.100,00 |
3.100,00 |
|
|
2.- (Uncalled capital) : 21120 |
0,00 |
0,00 |
|
|
II. Share premium: 21200 |
0,00 |
0,00 |
|
|
III. Reserves: 21300 |
59.340,00 |
20.773,00 |
|
|
IV. (Common stock equity): 21400 |
0,00 |
0,00 |
|
|
V. Profit or loss brought forward: 21500 |
0,00 |
0,00 |
|
|
VI. Other shareholders' contributions: 21600 |
0,00 |
0,00 |
|
|
VII. Result of the period: 21700 |
123.775,00 |
38.568,00 |
|
|
VIII. (Interim dividend): 21800 |
0,00 |
0,00 |
|
|
IX. Other net worth instruments: 21900 |
0,00 |
0,00 |
|
|
A2) Adjustments due to changes in value : 22000 |
0,00 |
0,00 |
|
|
A-3) Received subsidies, donations and legacies: 23000 |
0,00 |
0,00 |
|
|
B) NON-CURRENT LIABILITIES: 31000 |
540.733,00 |
0,00 |
|
|
I. Long-term provisions: 31100 |
0,00 |
0,00 |
|
|
II. Long-term creditors : 31200 |
540.733,00 |
0,00 |
|
|
1.- Amounts owed to credit institutions: 31220 |
268.200,00 |
0,00 |
|
|
2.- Creditors from financial leasing : 31230 |
0,00 |
0,00 |
|
|
3.- Other long-term creditors : 31290 |
272.533,00 |
0,00 |
|
|
III. Long-term debts with Group companies and associates: 31300 |
0,00 |
0,00 |
|
|
IV. Liabilities for deferred tax: 31400 |
0,00 |
0,00 |
|
|
V. Long-term accruals: 31500 |
0,00 |
0,00 |
|
|
VI. Non-current trade creditors : 31600 |
0,00 |
0,00 |
|
|
VII. Special long-term debts : 31700 |
0,00 |
0,00 |
|
|
C) CURRENT LIABILITIES : 32000 |
479.060,00 |
196.065,00 |
|
|
I. Liabilities linked to non-current assets held for sale : 32100 |
0,00 |
0,00 |
|
|
II. Short-term provisions: 32200 |
0,00 |
0,00 |
|
|
III. Short-term creditors : 32300 |
0,00 |
0,00 |
|
|
1.- Amounts owed to credit institutions: 32320 |
0,00 |
0,00 |
|
|
2.- Creditors from financial leasing : 32330 |
0,00 |
0,00 |
|
|
3.- Other short-term creditors : 32390 |
0,00 |
0,00 |
|
|
IV. Short-term debts with Group companies and associates: 32400 |
0,00 |
0,00 |
|
|
V. Trade creditors and other accounts payable: 32500 |
479.060,00 |
196.065,00 |
|
|
1.- Suppliers: 32580 |
339.701,00 |
189.678,00 |
|
|
a) Long-term debts : 32581 |
0,00 |
0,00 |
|
|
b) Short-term debts : 32582 |
339.701,00 |
189.678,00 |
|
|
2.- Other creditors : 32590 |
139.359,00 |
6.386,00 |
|
|
VI. Short-term accruals: 32600 |
0,00 |
0,00 |
|
|
VII. Special short-term debts : 32700 |
0,00 |
0,00 |
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) : 30000 |
1.206.009,00 |
258.505,00 |
|
|
|
ORIGINAL |
ORIGINAL |
|
|
Profit and Loss |
2012 |
2011 |
|
|
1. Net turnover: 40100 |
11.228.722,00 |
2.811.624,00 |
|
|
2. Changes in stocks of finished goods and work in progress: 40200 |
0,00 |
0,00 |
|
|
3. Works carried out by the company for its assets: 40300 |
0,00 |
0,00 |
|
|
4. Supplies : 40400 |
-10.960.884,00 |
-2.667.316,00 |
|
|
5. Other operating income: 40500 |
0,00 |
0,00 |
|
|
6. Personnel costs: 40600 |
-44.093,00 |
-44.615,00 |
|
|
7. Other operating costs: 40700 |
-78.801,00 |
-54.763,00 |
|
|
8. Amortisation of fixed assets: 40800 |
-500,00 |
0,00 |
|
|
9. Allocation of subsidies of non-financial fixed assets and other: 40900 |
0,00 |
0,00 |
|
|
10. Excess provisions : 41000 |
0,00 |
0,00 |
|
|
11. Impairment and result of transfers of fixed assets: 41100 |
0,00 |
0,00 |
|
|
12. Negative difference in combined businesses: 41200 |
0,00 |
0,00 |
|
|
13. Other results : 41300 |
-776,00 |
-848,00 |
|
|
A) OPERATING INCOME (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12 + 13) : 49100 |
143.669,00 |
44.081,00 |
|
|
14. Financial income : 41400 |
155,00 |
0,00 |
|
|
a) Allocation of financial subsidies, donations and legacies: 41430 |
0,00 |
0,00 |
|
|
b) Other financial income: 41490 |
155,00 |
0,00 |
|
|
15. Financial expenditure: 41500 |
-2.366,00 |
-4,00 |
|
|
16. Changes in fair value of financial instruments : 41600 |
0,00 |
0,00 |
|
|
17. Exchange rate differences : 41700 |
0,00 |
0,00 |
|
|
18. Impairment and result for transfers of financial instruments: 41800 |
0,00 |
0,00 |
|
|
19. Other financial income and expenditure: 42100 |
0,00 |
0,00 |
|
|
a) Incorporation of financial expenditure to assets: 42110 |
0,00 |
0,00 |
|
|
b) Financial income from arrangement with creditors: 42120 |
0,00 |
0,00 |
|
|
c) Other income and expenditure: 42130 |
0,00 |
0,00 |
|
|
B) FINANCIAL REVENUE (14 + 15 + 16 + 17 + 18 + 19) : 49200 |
-2.211,00 |
-4,00 |
|
|
C) NET RESULT BEFORE TAXES (A + B) : 49300 |
141.458,00 |
44.077,00 |
|
|
20. Income taxes: 41900 |
-17.682,00 |
-5.510,00 |
|
|
D) RESULT OF THE PERIOD (C + 20) : 49500 |
123.775,00 |
38.568,00 |
|
CASHFLOW STATEMENT |
Model: Normal
> Source of information: Data contained in this section is taken from the information declared in the Annual Accounts submitted to the Trade Register.
|
|
2012 |
2011 |
|
|
1. Fiscal year result before taxes.: 61100 |
141.458,00 |
44.077,00 |
|
|
2. Results adjustments.: 61200 |
2.711,00 |
4,00 |
|
|
a) Fixed Assets Amortization (+).: 61201 |
500,00 |
0,00 |
|
|
g) Financial income (-).: 61207 |
-155,00 |
0,00 |
|
|
h) Financial Expenses (+). : 61208 |
2.366,00 |
4,00 |
|
|
3. Changes in current capital equity.: 61300 |
-634.219,00 |
51.121,00 |
|
|
a) Stock (+/-).: 61301 |
-590.707,00 |
-108.553,00 |
|
|
d) Debtors and other accounts receivable (+/-). : 61302 |
-245.025,00 |
-30.881,00 |
|
|
c) Other current assets (+/-). : 61303 |
-63.800,00 |
0,00 |
|
|
d) Creditors and other accounts payable (+/-). : 61304 |
265.313,00 |
190.555,00 |
|
|
4. Other cash flows for operating activities.: 61400 |
-2.211,00 |
-4,00 |
|
|
a) Interest payments (-). : 61401 |
-2.366,00 |
-4,00 |
|
|
c) Interest collection (+). : 61403 |
155,00 |
0,00 |
|
|
5. Operating activity cash flows (1 + 2 + 3 + 4) : 61500 |
-492.261,00 |
95.198,00 |
|
|
6. Payments for investment (-).: 62100 |
-4.800,00 |
-3.100,00 |
|
|
c) Fixed assets. : 62103 |
-3.000,00 |
-3.100,00 |
|
|
e) Other financial assets. : 62105 |
-1.800,00 |
0,00 |
|
|
7. Divestment payment collection (+). : 62200 |
0,00 |
0,00 |
|
|
8. Investment activity cash flows (6 + 7) minus Amortization: 62300 |
-5.300,00 |
-3.100,00 |
|
|
9. Payment collection and payments for equity instruments. : 63100 |
0,00 |
23.873,00 |
|
|
a) Issuance of equity instruments (+). : 63101 |
0,00 |
23.873,00 |
|
|
10. Payment collection and payments for financial liabilities instruments.: 63200 |
540.733,00 |
0,00 |
|
|
a) Issuance : 63201 |
540.733,00 |
0,00 |
|
|
2. Debts incurred with credit institutions (+). : 63203 |
268.200,00 |
0,00 |
|
|
5. Other debts (+). : 63206 |
272.533,00 |
0,00 |
|
|
11. Payments from dividends and remunerations from other assets instruments. : 63300 |
0,00 |
0,00 |
|
|
12. Cash flows for financing activities (9+10+11).: 63400 |
540.733,00 |
23.873,00 |
|
|
D) EFECTO DE LAS VARIACIONES DE LOS TIPOS DE CAMBIO: 64000 |
0,00 |
0,00 |
|
|
E) NET INCREASE/DECREASE OF CASH OR EQUIVALENT ASSETS (+/-5+/-8+/12+/-D) : 65000 |
43.172,00 |
115.971,00 |
|
|
Cash or equivalent assets as of beginning of the fiscal year.: 65100 |
115.971,00 |
0,00 |
|
|
Cash or equivalent assets as of end of the fiscal year.: 65200 |
159.143,00 |
115.971,00 |
|
FINANCIAL DIAGNOSIS |
> Economic-Financial Comparative Analysis
Data used in the following ratios and indicators is taken from the Annual Accounts submitted by the company to the TRADE REGISTER.
> Comparison within the Sector
|
Cash Flow |
2012 |
2011 |
Variación 2012 - 2011 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Cash Flow over Sales: |
0,00 % |
-2,61 % |
0,04 % |
0,14 % |
-90,68 % |
-1.940,38 % |
|
|
EBITDA over Sales: |
1,29 % |
-0,38 % |
1,60 % |
5,98 % |
-19,22 % |
-106,33 % |
|
|
Cash Flow Yield: |
0,04 % |
-0,59 % |
0,45 % |
0,03 % |
-92,02 % |
-1.834,96 % |
|
|
Profitability |
2012 |
2011 |
Variación 2012 - 2011 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Operating economic profitability: |
12,67 % |
-3,31 % |
17,38 % |
0,35 % |
-27,12 % |
-1.047,78 % |
|
|
Total economic profitability: |
11,93 % |
-1,89 % |
17,05 % |
-0,19 % |
-30,07 % |
-903,89 % |
|
|
Financial profitability: |
66,47 % |
-6,70 % |
61,77 % |
-3,85 % |
7,61 % |
-74,21 % |
|
|
Margin: |
1,29 % |
-6,48 % |
1,60 % |
0,70 % |
-19,50 % |
-1.019,23 % |
|
|
Mark-up: |
1,27 % |
-14,31 % |
1,60 % |
-6,92 % |
-20,73 % |
-106,90 % |
|
|
Solvency |
2012 |
2011 |
Variación 2012 - 2011 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Liquidity: |
0,33 |
0,16 |
0,59 |
0,13 |
-43,84 |
17,19 |
|
|
Acid Test: |
1,04 |
0,86 |
0,75 |
0,84 |
39,03 |
1,95 |
|
|
Working Capital / Investment: |
0,60 |
0,08 |
0,23 |
0,11 |
159,73 |
-26,07 |
|
|
Solvency: |
2,50 |
1,43 |
1,30 |
1,50 |
91,99 |
-4,77 |
|
|
Indebtedness |
2012 |
2011 |
Variación 2012 - 2011 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Indebtedness level: |
5,48 |
1,07 |
3,14 |
1,32 |
74,41 |
-18,92 |
|
|
Borrowing Composition: |
1,13 |
1,19 |
0,00 |
1,24 |
|
-3,98 |
|
|
Repayment Ability: |
23,62 |
-0,88 |
1,69 |
16,79 |
1.297,20 |
-105,23 |
|
|
Warranty: |
1,18 |
1,94 |
1,32 |
1,76 |
-10,30 |
10,24 |
|
|
Generated resources / Total creditors: |
0,12 |
-0,01 |
0,20 |
0,01 |
-38,05 |
-189,31 |
|
|
Efficiency |
2012 |
2011 |
Variación 2012 - 2011 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Productivity: |
4,29 |
0,98 |
2,01 |
1,27 |
113,61 |
-22,74 |
|
|
Turnover of Collection Rights : |
40,70 |
3,45 |
91,05 |
3,45 |
-55,30 |
0,13 |
|
|
Turnover of Payment Entitlements: |
23,04 |
2,40 |
13,88 |
2,24 |
65,98 |
7,26 |
|
|
Stock rotation: |
15,85 |
2,21 |
25,49 |
1,72 |
-37,81 |
28,16 |
|
|
Assets turnover: |
9,85 |
0,51 |
10,88 |
0,49 |
-9,47 |
3,11 |
|
|
Borrowing Cost: |
0,23 |
2,80 |
0,00 |
2,81 |
|
-0,33 |
|
> Trend of indicators under the General Accounting Plan of 2007 (2012, 2011)
|
Cash Flow |
2012 |
2011 |
|
|
Cash Flow over Sales: |
0,00 % |
0,04 % |
|
|
EBITDA over Sales: |
1,29 % |
1,60 % |
|
|
Cash Flow Yield: |
0,04 % |
0,45 % |
|
|
Profitability |
2012 |
2011 |
|
|
Operating economic profitability: |
12,67 % |
17,38 % |
|
|
Total economic profitability: |
11,93 % |
17,05 % |
|
|
Financial profitability: |
66,47 % |
61,77 % |
|
|
Margin: |
1,29 % |
1,60 % |
|
|
Mark-up: |
1,27 % |
1,60 % |
|
|
Solvency |
2012 |
2011 |
|
|
Liquidity: |
0,33 |
0,59 |
|
|
Acid Test: |
1,04 |
0,75 |
|
|
Working Capital / Investment: |
0,60 |
0,23 |
|
|
Solvency: |
2,50 |
1,30 |
|
|
Indebtedness |
2012 |
2011 |
|
|
Indebtedness level: |
5,48 |
3,14 |
|
|
Borrowing Composition: |
1,13 |
0,00 |
|
|
Repayment Ability: |
23,62 |
1,69 |
|
|
Warranty: |
1,18 |
1,32 |
|
|
Generated resources / Total creditors: |
0,12 |
0,20 |
|
|
Efficiency |
2012 |
2011 |
|
|
Productivity: |
4,29 |
2,01 |
|
|
Turnover of Collection Rights : |
40,70 |
91,05 |
|
|
Turnover of Payment Entitlements: |
23,04 |
13,88 |
|
|
Stock rotation: |
15,85 |
25,49 |
|
|
Assets turnover: |
9,85 |
10,88 |
|
|
Borrowing Cost: |
0,23 |
0,00 |
|
COMPARATIVE SECTORIAL BALANCE |
Sector-based Comparison under the rules of the New General Accounting Plan.
|
|
Variación - |
|
|
|
Empresa |
Sector |
|
|
Variación - |
|
|
|
Empresa |
Sector |
|
|
Variación - |
|
|
|
Empresa |
Sector |
Public Tenders and Works Won |
No Public Tenders assigned to the name of the company.
Research Summary |
|
Constituted in the year 2010, dedicated to the sale of food, with a high-yield financial products, it enjoys a good concept among the sources consulted. It meets normal payment commitments. |
Sources |
|
Registry of Commerce's Official Gazette. Own and external data bases Company References |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.03 |
|
|
1 |
Rs.98.91 |
|
Euro |
1 |
Rs.80.34 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.