|
Report Date : |
22.11.2014 |
IDENTIFICATION DETAILS
|
Name : |
K-SERVIS PRAHA, A.S. |
|
|
|
|
Registered Office : |
K Vypichu 503, 252 16
Nučice |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.03.2013 |
|
|
|
|
Date of Incorporation : |
14.12.2000 |
|
|
|
|
Com. Reg. No.: |
B 6919 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Wholesale of fruit and vegetables. |
|
|
|
|
No. of Employees : |
18 Employees |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
The
|
Source
: CIA |
K-SERVIS
PRAHA, a.s.
K Vypichu 503
252 16 Nučice
Telephone: 00420/ 311 577 677
Telefax: 00420/ 311 577 676
E-mail: k-servis@k-servis.com
Web: www.k-servis.com
|
Legal form |
Public limited company |
|
|
Foundation |
14/12/2000 - Public limited company |
|
Comp. Register |
14/12/2000, Městský soud v Praze, Reg No.: B 6919 |
|
Share Capital |
14/12/2000 |
CZK |
10.000.000,- |
|
|
|
13/05/2002 |
CZK |
20.000.000,- |
|
|
|
31/03/2004 |
CZK |
21.200.000,- |
|
|
|
212 pcs registered
shares at nominal value CZK 100.000,-- |
|||
|
Main Shareholder |
CORATEX, a.s. (Statistical number: 27928373) |
% |
100 |
|
|
Board of
Directors |
Tomáš Pipota (04.06.1978) |
|||
|
|
Ing. Ondřej
Doubek (04.06.1976) |
|
|
Jan Doubek (23.04.1974) |
|
Supervisory
Board |
Pavel Malý (03.04.1981) |
|
|
Josef Edl (08.10.1971) |
|
|
Petr Vlk (13.03.1979) |
|
General Data |
Import and sale of dried fruit and nuts as
well as drageed products. |
|
|
Main activity: |
|
|
|
Trade name(s) |
|
|
|
Export: European Union |
20% |
|
|
Import: European Union |
|
|
|
General
contacts: |
|
|
Address: |
|
|
Vídeňská 1E, Praha 4 |
|
|
Staff |
2007 |
16 employees |
|
|
2009 |
17 employees |
|
|
2011 |
17 employees |
|
|
2013 |
18 employees |
||||
|
Annual Sales |
2005 |
actual sales |
CZK |
514.113.000,- |
|
|
|
|
2006 |
actual sales |
CZK |
514.113.000,- |
|
|
|
2007 |
actual sales |
CZK |
478.753.000,- |
|
|
|
2008 |
actual sales |
CZK |
456.627.000,- |
|
|
|
2009 |
actual sales |
CZK |
526.769.000,- |
|
|
|
2010 |
actual sales |
CZK |
549.533.000,- |
|
|
|
2011 |
actual sales |
CZK |
487.575.000,- |
|
|
|
2012 |
actual sales |
CZK |
474.959.000,- |
|
|
|
2013 |
actual sales |
CZK |
564.795.000,- |
|
|
|
The company is not registered in the Central register of executions |
|
|
The inquired company is doing accounts in the business year lasting from
1.4. till 31.3. Thus, the turnovers are stated always as of March 31 of the
relevant year. |
|
Property |
Property of the company: Business premises
|
|
|
There exists contractual right of lien. |
|
Balance sheets |
|
|
|
|
|
|
|
|
Remarks |
All the sources
of negative data accessible to public (insolvency registers, databases of
debtors of health insurance institutions, commercial bulletin, collection
database of Creditreform and others) are currently monitored. |
|
|
Final account as of 31.3.2014 is
unavailable up to now, the company has been asked in written form for
providing final account. |
|
Bankers |
GE Money Bank, a.s. |
(0600) |
|
Copyright: Creditreform s.r.o. Praha |
This information is addressed exclusively to the addressee. Contractor
obligates to provide updated information. Although it is always put maximum
effort to collect actual and exact information, it is not confirmed as
delinquency if there are particular inaccurateness contained within the
information, which are not considered as essential in terms of the objective
for which the information is provided to the addressee. Contractor and
recipient conform to the rules of the Name and Description Security Act,
Nub.101/2000. According to the Name and Description Security Act, recipient
has the right to process or to use forwarding data only for the purpose for
which information has been sent to the recipient. Usage for other purpose is
acceptable only in case referring to valid regulations of the above mentioned
act. |
|
|
|
Balance |
31.03.2010 (CZK)
|
31.03.2011 (CZK)
|
31.03.2012 (CZK)
|
31.03.2013 (CZK)
|
|
r1 |
TOTAL ASSETS |
228.263.000 |
208.587.000 |
349.674.000 |
367.366.000 |
|
r2 |
Receivables for subscriptions |
|
0 |
0 |
0 |
|
r3 |
Fixed assets |
9.837.000 |
15.954.000 |
113.997.000 |
105.069.000 |
|
r4 |
Intangible fixed assets |
180.000 |
404.000 |
231.000 |
58.000 |
|
r7 |
Software |
|
404.000 |
231.000 |
58.000 |
|
r11 |
Intangible fixed assets under construction |
180.000 |
|
|
|
|
r13 |
Tangible fixed assets |
9.657.000 |
15.550.000 |
113.766.000 |
105.011.000 |
|
r14 |
Lands |
489.000 |
489.000 |
22.291.000 |
21.803.000 |
|
r15 |
Constructions |
6.038.000 |
5.897.000 |
77.068.000 |
68.853.000 |
|
r16 |
Equipment |
3.130.000 |
6.664.000 |
8.813.000 |
14.355.000 |
|
r21 |
Advance payments for tangible fixed assets |
|
2.500.000 |
5.594.000 |
|
|
r23 |
Long-term financial assets |
0 |
0 |
0 |
0 |
|
r31 |
Current assets |
218.426.000 |
192.364.000 |
235.327.000 |
262.232.000 |
|
r32 |
Inventory |
73.379.000 |
76.861.000 |
121.243.000 |
102.258.000 |
|
r37 |
Merchandise |
73.379.000 |
76.861.000 |
121.243.000 |
102.258.000 |
|
r39 |
Long-term receivables |
0 |
0 |
0 |
0 |
|
r48 |
Short-term receivables |
136.199.000 |
97.841.000 |
111.582.000 |
143.722.000 |
|
r49 |
Trade receivables |
133.528.000 |
95.073.000 |
101.581.000 |
100.651.000 |
|
r54 |
Due from state - tax receivable |
720.000 |
|
|
|
|
r55 |
Short-term deposits given |
1.951.000 |
1.595.000 |
9.963.000 |
26.974.000 |
|
r56 |
Estimated receivable |
|
|
|
15.445.000 |
|
r57 |
Other receivables |
|
1.173.000 |
38.000 |
652.000 |
|
r58 |
Short-term financial assets |
8.848.000 |
17.662.000 |
2.502.000 |
16.252.000 |
|
r59 |
Cash |
2.646.000 |
744.000 |
402.000 |
515.000 |
|
r60 |
Bank accounts |
6.202.000 |
16.918.000 |
2.100.000 |
12.737.000 |
|
r62 |
Short-term financial assets acquired |
|
|
|
3.000.000 |
|
r63 |
Accruals |
0 |
269.000 |
350.000 |
65.000 |
|
r64 |
Deferred expenses |
|
269.000 |
350.000 |
65.000 |
|
r67 |
TOTAL LIABILITIES |
228.263.000 |
208.587.000 |
349.674.000 |
367.366.000 |
|
r68 |
Equity |
63.601.000 |
73.540.000 |
77.959.000 |
84.991.000 |
|
r69 |
Registered capital |
21.200.000 |
21.200.000 |
21.200.000 |
21.200.000 |
|
r70 |
Registered capital |
21.200.000 |
21.200.000 |
21.200.000 |
21.200.000 |
|
r73 |
Capital funds |
13.800.000 |
13.800.000 |
13.800.000 |
13.800.000 |
|
r74 |
Share premium |
13.800.000 |
13.800.000 |
13.800.000 |
13.800.000 |
|
r78 |
Reserve funds, statutory reserve account for cooperatives, and other
retained earnings |
500.000 |
500.000 |
500.000 |
4.240.000 |
|
r79 |
Legal reserve fund / indivisible fund |
500.000 |
500.000 |
500.000 |
4.240.000 |
|
r81 |
Profit / loss - previous years |
25.415.000 |
28.101.000 |
38.041.000 |
38.718.000 |
|
r82 |
Retained earnings from previous years |
25.415.000 |
28.101.000 |
38.041.000 |
38.718.000 |
|
r84 |
Profit / loss - current year (+/-) |
2.686.000 |
9.939.000 |
4.418.000 |
7.033.000 |
|
r85 |
Liabilities |
164.662.000 |
135.047.000 |
271.521.000 |
282.249.000 |
|
r86 |
Reserves |
0 |
0 |
0 |
0 |
|
r91 |
Long-term payables |
0 |
16.951.000 |
18.175.000 |
19.697.000 |
|
r100 |
Other payables |
|
16.951.000 |
18.175.000 |
19.697.000 |
|
r102 |
Short-term payables |
106.147.000 |
118.096.000 |
137.258.000 |
155.822.000 |
|
r103 |
Trade payables |
100.819.000 |
115.185.000 |
134.653.000 |
149.791.000 |
|
r107 |
Payroll |
198.000 |
179.000 |
201.000 |
245.000 |
|
r108 |
Payables to social securities and health insurance |
106.000 |
96.000 |
108.000 |
134.000 |
|
r109 |
Due from state - tax liabilities and subsidies |
3.678.000 |
2.174.000 |
1.711.000 |
2.569.000 |
|
r110 |
Short-term deposits received |
|
|
50.000 |
2.280.000 |
|
r112 |
Estimated payables |
1.346.000 |
|
|
468.000 |
|
r113 |
Other payables |
|
462.000 |
535.000 |
335.000 |
|
r114 |
Bank loans and financial accommodations |
58.515.000 |
0 |
116.088.000 |
106.730.000 |
|
r115 |
Long-term bank loans |
18.515.000 |
0 |
74.088.000 |
56.520.000 |
|
r116 |
Short-term bank loans |
40.000.000 |
0 |
42.000.000 |
50.210.000 |
|
r117 |
Short-term accommodations |
0 |
0 |
0 |
0 |
|
r118 |
Accruals |
0 |
0 |
194.000 |
126.000 |
|
r119 |
Accrued expenses |
|
|
|
126.000 |
|
r120 |
Deferred revenues |
|
|
194.000 |
|
|
|
profit/loss account |
31.03.2010 (CZK)
|
31.03.2011 (CZK)
|
31.03.2012 (CZK)
|
31.03.2013 (CZK)
|
|
a1 |
Turnover |
549.533.000 |
487.575.000 |
474.959.000 |
564.795.000 |
|
a2 |
Revenues from sold goods |
549.506.000 |
487.006.000 |
474.378.000 |
564.347.000 |
|
a3 |
Expenses on sold goods |
509.896.000 |
447.397.000 |
428.094.000 |
502.697.000 |
|
a4 |
|
39.610.000 |
39.609.000 |
46.284.000 |
61.650.000 |
|
a5 |
Production |
27.000 |
569.000 |
581.000 |
448.000 |
|
a6 |
Revenues from own products and services |
27.000 |
569.000 |
581.000 |
448.000 |
|
a9 |
Production consumption |
28.759.000 |
25.248.000 |
25.334.000 |
26.378.000 |
|
a10 |
Consumption of material and energy |
3.711.000 |
2.445.000 |
3.794.000 |
3.446.000 |
|
a11 |
Services |
25.048.000 |
22.803.000 |
21.540.000 |
22.932.000 |
|
a12 |
Added value |
10.878.000 |
14.930.000 |
21.531.000 |
35.720.000 |
|
a13 |
Personnel expenses |
3.458.000 |
3.556.000 |
3.649.000 |
4.456.000 |
|
a14 |
Wages and salaries |
2.624.000 |
2.646.000 |
2.727.000 |
3.317.000 |
|
a16 |
Social security expenses and health insurance |
819.000 |
899.000 |
911.000 |
1.122.000 |
|
a17 |
Other social expenses |
15.000 |
11.000 |
11.000 |
17.000 |
|
a18 |
Taxes and fees |
146.000 |
67.000 |
76.000 |
283.000 |
|
a19 |
Depreciations of intangible and tangible assets |
1.525.000 |
1.888.000 |
3.689.000 |
5.653.000 |
|
a20 |
Revenues from disposals of fixed assets and materials |
0 |
982.000 |
2.501.000 |
4.151.000 |
|
a21 |
Revenues from disposals of fixed assets |
|
982.000 |
2.493.000 |
4.148.000 |
|
a22 |
Revenues from disposals of materials |
|
|
8.000 |
3.000 |
|
a23 |
Net book value of disposed fixed assets and materials |
0 |
754.000 |
2.109.000 |
6.173.000 |
|
a24 |
Net book value of sold fixed assets |
|
754.000 |
2.109.000 |
6.173.000 |
|
a26 |
Change in operating reserves and adjustments and complex deferred
costs ( + / - ) |
-851.000 |
0 |
0 |
40.000 |
|
a27 |
Other operating revenues |
310.000 |
1.712.000 |
1.041.000 |
895.000 |
|
a28 |
Other operating expenses |
1.517.000 |
675.000 |
1.374.000 |
1.531.000 |
|
a31 |
Operating profit / loss |
5.393.000 |
10.684.000 |
14.176.000 |
22.630.000 |
|
a34 |
Revenues from long-term financial assets |
0 |
|
|
|
|
a43 |
Interest revenues |
43.000 |
158.000 |
48.000 |
27.000 |
|
a44 |
Interest expenses |
2.169.000 |
1.299.000 |
2.853.000 |
2.326.000 |
|
a45 |
Other financial revenues |
20.221.000 |
15.295.000 |
12.972.000 |
8.105.000 |
|
a46 |
Other financial expenses |
18.529.000 |
11.203.000 |
18.166.000 |
19.591.000 |
|
a49 |
Profit / loss from financial operations ( transactions ) |
-434.000 |
2.951.000 |
-7.999.000 |
-13.785.000 |
|
a50 |
Income tax on ordinary income |
1.053.000 |
2.613.000 |
1.305.000 |
1.812.000 |
|
a51 |
Due tax |
1.053.000 |
2.613.000 |
1.305.000 |
1.812.000 |
|
a53 |
Operating profit / loss ordinary activity |
3.906.000 |
11.022.000 |
4.872.000 |
7.033.000 |
|
a55 |
Extraordinary expenses |
1.220.000 |
549.000 |
454.000 |
|
|
a56 |
Income tax on extraordinary income |
0 |
534.000 |
|
|
|
a57 |
Due tax |
|
534.000 |
|
|
|
a59 |
Operating profit / loss extraordinary activity |
-1.220.000 |
-1.083.000 |
-454.000 |
0 |
|
a61 |
Profit / loss of current accounting period (+/-) |
2.686.000 |
9.939.000 |
4.418.000 |
7.033.000 |
|
a62 |
Profit / loss before tax (+/-) |
3.739.000 |
13.086.000 |
5.723.000 |
8.845.000 |
|
|
Operating cash flow |
1.760.000 |
-360.000 |
84.963.000 |
10.978.000 |
|
|
Investment cash flow |
-180.000 |
-7.777.000 |
-101.348.000 |
1.250.000 |
|
|
Financial cash flow |
0 |
16.951.000 |
1.224.000 |
1.522.000 |
|
|
Receivables after due date total |
55.352.000 |
44.151.000 |
55.058.000 |
56.273.000 |
|
|
Receivables more than 180 days after due date |
1.869.000 |
114.000 |
383.000 |
1.746.000 |
|
|
Liabilities after due date total |
3.709.000 |
2.689.000 |
2.315.000 |
4.339.000 |
|
|
Liabilities more than 180 days after due date |
0 |
0 |
0 |
0 |
|
Balance indices |
|
31.03.2010 |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
Return on total assets ROA (in %) |
a62/r1 * 100 |
1,64 |
6,27 |
1,64 |
2,41 |
|
Return on equity ROE (in %) |
a62/r68 * 100 |
5,88 |
17,79 |
7,34 |
10,41 |
|
Return on sales ROS (in %) |
a62/a1 * 100 |
0,68 |
2,68 |
1,20 |
1,57 |
|
Turnover of receivables (in days) |
r49/a1 * 365 |
88,69 |
71,17 |
78,06 |
65,05 |
|
Turnover of liabilities (in days) |
r103/a1 * 365 |
66,96 |
86,23 |
103,48 |
96,80 |
|
Turnover of inventories (days) |
r32/a1 * 365 |
48,74 |
57,54 |
93,17 |
66,08 |
|
Net working capital (in ths. CZK) |
r31 - r102 - r116 - r117 |
72.279,00 |
74.268,00 |
56.069,00 |
56.200,00 |
|
Ratio of accounts payable to accounts receivable (in %) |
(r39+r48) / (r91+r102) * 100 |
128,31 |
72,45 |
71,79 |
81,88 |
|
Ratio of profit/loss to tangible assets (in%) |
r3 / a1 * 100 |
1,79 |
3,27 |
24,00 |
18,60 |
|
Current ratio |
r31 / (r102+r116+r117) |
1,49 |
1,63 |
1,31 |
1,27 |
|
Quick ratio |
(r58+r48) / (r102+r116+r117) |
0,99 |
0,98 |
0,64 |
0,78 |
|
Cash ratio |
r58 / (r102+r116+r117) |
0,06 |
0,15 |
0,01 |
0,08 |
|
Debt ratio I (in %) |
(1-r68/r67) * 100 |
72,14 |
64,74 |
77,71 |
76,86 |
|
Debt ratio II (in %) |
r85/r67 * 100 |
72,14 |
64,74 |
77,65 |
76,83 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.85 |
|
|
1 |
Rs.97.91 |
|
Euro |
1 |
Rs.77.62 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
VNT |
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.