|
Report Date : |
07.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
SPACE 2000 S.P.A. |
|
|
|
|
Registered Office : |
Piazza Carlo
Emanuele Ii,13 10123 - |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
30.06.2013 |
|
|
|
|
Date of Incorporation : |
12.07.1988 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
· Manufacture and accessories for apparel · Wholesale of clothing and accessories · Retail sale of clothing in specialised stores |
|
|
|
|
No. of Employees |
From 51 to 70 |
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) |
|
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 |
SPACE 2000 S.P.A.
Piazza Carlo Emanuele Ii, 13 10123 – Torino (TO) -IT-
|
Fiscal Code |
: |
05414420017 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
12/07/1988 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
20.000.000/25.000.000 |
|
Number of Employees |
: |
from 51 to 70 |
Various manufacture and accessories for apparel
Wholesale of clothing and accessories
Retail sale of clothing in specialised stores
Legal Form : Joint stock company
|
Fiscal Code : 05414420017 |
|
Foreign Trade Reg. no. : TO028521 since 21/01/1992 |
|
Chamber of Commerce no. : 232069 of Alessandria |
|
Chamber of Commerce no. : 73403 of Aosta |
|
Chamber of Commerce no. : 511389 of Bologna |
|
Chamber of Commerce no. : 256623 of Caserta |
|
Chamber of Commerce no. : 64756 of Enna |
|
Chamber of Commerce no. : 1961379 of Milano |
|
Chamber of Commerce no. : 224904 of Novara |
|
Chamber of Commerce no. : 1183755 of Roma |
|
Chamber of Commerce no. : 711365 of Torino since 01/03/1988 |
|
Chamber of Commerce no. : 268180 of Udine |
|
Chamber of Commerce no. : 366062 of Venezia |
|
Firms' Register : TO272-1987-5528 of Torino since 19/02/1996 |
|
V.A.T. Code : 05414420017 |
|
Foundation date |
: 25/11/1987 |
|
|
Establishment date |
: 25/11/1987 |
|
|
Start of Activities |
: 12/07/1988 |
|
|
Legal duration |
: 31/12/2025 |
|
|
Nominal Capital |
: 3.810.469 |
|
|
Subscribed Capital |
: 3.810.469 |
|
|
Paid up Capital |
: 3.810.469 |
|
|
Dogliotti |
Piero |
|
|
Born in Torino |
(TO) |
on 13/02/1946 |
- Fiscal Code : DGLPRI46B13L219F |
|
|
Residence: |
|
Stampatori |
, 21 |
- 10122 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/12/2012 |
|
|
|
Procurator |
01/03/2013 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Musso |
Giancarlo |
|
|
Born in Castellamonte |
(TO) |
on 25/09/1946 |
- Fiscal Code : MSSGCR46P25C133R |
|
|
Residence: |
|
Tenente Morello |
, 19 |
- 10081 |
Castellamonte |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/12/2012 |
|
|
|
Board Chairman |
27/12/2012 |
|
|
|
Managing Director |
27/12/2012 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Musso |
Cristiano |
|
|
Born in Castellamonte |
(TO) |
on 27/03/1971 |
- Fiscal Code : MSSCST71C27C133F |
|
|
Residence: |
|
Tenente Morello |
, 19 |
- 10081 |
Castellamonte |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/12/2012 |
|
|
|
Managing Director |
27/12/2012 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Musso |
Manuele Maria |
|
|
Born in Castellamonte |
(TO) |
on 19/01/1973 |
- Fiscal Code : MSSMLM73A19C133B |
|
|
Residence: |
|
Tenente Morello |
, 19 |
- 10081 |
Castellamonte |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/12/2012 |
|
|
|
Managing Director |
27/12/2012 |
|
|
|
Manager on duty |
|
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Cofim S.r.l. |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Igloo S.r.l. |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have holded positions.
|
Musso |
Giancarlo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
SPACE DI MUSSO E C. - S.A.S. |
Torino - IT - |
04334150010 |
General Partner |
Active |
Registered |
|
Only Leather S.a.s. Di Vallarsa GiulianoE C. |
Arzignano (VI) - IT - |
01696760246 |
Limited Partner |
Withdrawn |
Ceased |
|
Cofim S.r.l. |
Torino (TO) - IT - |
05405250019 |
Procurator |
Active |
Registered |
|
S.M.S. S.R.L. |
Torino (TO) - IT - |
01494640012 |
Sole Director |
Withdrawn |
Registered |
|
I.T.I. IMPORT EXPORT ITALIA S.A.S. DI SPERTINO E C. - IN LIQUIDA-ZIONE |
Torino (TO) - IT - |
03612270011 |
Liquidator |
Withdrawn |
Registered |
|
CHEMICALINE DI MUSSO GIANCARLO E C. - S.A.S. |
Torino (TO) - IT - |
04396880017 |
General Partner |
Withdrawn |
Registered |
|
S.a.s. Musso E C. |
Torino (TO) - IT - |
05396110016 |
General Partner |
Active |
Registered |
|
MUSSO GIANCARLO |
Torino (TO) - IT - |
MSSGCR46P25C133R |
Proprietor |
Withdrawn |
Registered |
|
L'enclave S.r.l. |
Torino (TO) - IT - |
08816850013 |
Sole Director |
Active |
Registered |
|
Musso |
Cristiano |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Cofim S.r.l. |
Torino (TO) - IT - |
05405250019 |
Sole Director |
Withdrawn |
Registered |
|
S.a.s. Musso E C. |
Torino (TO) - IT - |
05396110016 |
Limited Partner |
Active |
Registered |
|
Musso |
Manuele Maria |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Club Liberi Tutti Dicembre 2011 S.a.s. Di Giancarlo Rocchietti E C. |
Torino (TO) - IT - |
10627100018 |
Limited Partner |
Active |
Registered |
|
Wff Sas Di Musso Manuele Maria E C. |
Cuneo (CN) - IT - |
03431390040 |
General Partner |
Active |
Registered |
|
Igloo S.r.l. |
Torino (TO) - IT - |
97752380010 |
Sole Director |
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 |
|
Musso Giancarlo |
Castellamonte - IT - |
MSSGCR46P25C133R |
38.104 .Eur |
0,99 |
|
Cofim S.r.l. |
|
05405250019 |
2.248.177 .Eur |
59,00 |
|
Igloo S.r.l. |
|
97752380010 |
1.524.187 .Eur |
40,00 |
The Company under review has no participations in other Companies.
In order to carry out its activities the firm uses the following locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
|
Carlo Emanuele Ii |
, 13 |
- 10100 |
- Torino |
(TO) |
- IT - |
|
|
|
|
Total Surface: 139 Sq.mt. |
|
|
|
|
PHONE |
: 0117714655 |
|
|
|
|
Legal mail |
: SPACE2000@PECSOCI.UI.TORINO.IT |
|
- |
Branch |
(Factory) |
since 01/07/1997 |
|
|
|
|
|
|
Delle Fontane |
, 4/6 |
- 10080 |
- Baldissero Canavese |
(TO) |
- IT - |
|
|
|
|
PHONE |
: 0124410004 |
|
|
|
|
PHONE |
: 0124510017 |
|
- |
Branch |
|
since 28/11/2001 |
|
|
|
|
|
|
Delle Fontane |
, 1 |
- 10080 |
- Baldissero Canavese |
(TO) |
- IT - |
|
- |
Branch |
(Workshop) |
since 01/06/2011 |
|
|
|
|
|
|
Castellamonte |
, SNC |
- 10010 |
- Torre Canavese |
(TO) |
- IT - |
|
- |
Branch |
(Workshop) |
since 01/06/2011 |
|
|
|
|
|
|
Area Pip- Strada Preie |
, SN |
- 10010 |
- Torre Canavese |
(TO) |
- IT - |
|
- |
Branch |
(Workshop) |
since 01/06/2011 |
|
|
|
|
|
|
Preie |
, SN |
- 10010 |
- Torre Canavese |
(TO) |
- IT - |
|
- |
Branch |
(Shop) |
since 16/04/2007 |
|
|
|
|
|
|
Della Moda |
, 1/G9 |
- 15069 |
- Serravalle Scrivia |
(AL) |
- IT - |
|
|
|
|
Total Surface: 139 Sq.mt. |
|
- |
Branch |
(Shop) |
since 15/08/2012 |
|
|
|
|
|
|
Roma |
, 120 |
- 11013 |
- Courmayeur |
(AO) |
- IT - |
|
|
|
|
Total Surface: 52 Sq.mt. |
|
- |
Branch |
(Shop) |
since 30/11/2013 |
|
|
|
|
|
|
Del Commercio |
, 4/I |
- 40023 |
- Castel Guelfo di Bologna |
(BO) |
- IT - |
|
|
|
|
Total Surface: 274 Sq.mt. |
|
- |
Branch |
(Shop) |
since 23/05/2012 |
|
|
|
|
|
|
S.martino Di Zusiagna |
, SNC |
- 28060 |
- Vicolungo |
(NO) |
- IT - |
|
|
|
|
Total Surface: 197 Sq.mt. |
|
- |
Branch |
(Shop) |
since 16/11/2007 |
|
|
|
|
|
|
Ponte Di Piscina Cupa |
, 64 |
- 00100 |
- Roma |
(RM) |
- IT - |
|
|
|
|
Total Surface: 87 Sq.mt. |
|
- |
Branch |
(Shop) |
since 08/05/2008 |
|
|
|
|
|
|
Provinciale 126 Km 1.6 |
- 33041 |
- Aiello del Friuli |
(UD) |
- IT - |
|
|
|
|
Trading Style: HANGAR EIGHTEEN |
|
|
|
|
Total Surface: 147 Sq.mt. |
|
- |
Branch |
(Shop) |
since 22/03/2012 |
|
|
|
|
|
|
Marco Polo |
, 1/120 |
- 30020 |
- Noventa di Piave |
(VE) |
- IT - |
|
|
|
|
Total Surface: 118 Sq.mt. |
|
|
|
|
Employees |
: 64 |
|
|
|
|
Assistants |
: 1 |
|
|
|
|
Agents |
: 10 |
|
Fittings and Equipment for a value of 1.230.000 |
Eur |
|
Stocks for a value of 6.930.000 |
Eur |
|
Cars for a value of 10.000 |
Eur |
|
Vehicles for a value of 26.000 |
Eur |
Trade organization: direct or by agents.
The company sells in Italy and abroad.
The company supplies wholesalers and retailers.
|
|
The firm operates abroad as importer / exporter..
Export represents from 20% to 50% of the global turnover.
Company generally accepts payments with terms of 60/90 days.
Financial means used for sale: bank transfers and bank orders.
Purchases are mainly paid with terms of 30/90 days.
Main used payment modalities are by cash orders and bank transfers.
Import comes generally from the following nations:
|
- Spain |
|
- France |
|
- Belgium |
|
- India |
The subject firm uses the following own selling brands:
|
- BAMBOOGIE |
|
- THE STATHAM |
|
- WAXED |
|
- EIGHTEEN |
|
- Coin |
|
- Icat |
|
- Lemaka srl |
EX-MEMBERS / EX-POSITIONS:
|
Casalegno Annamaria |
|
|
|
Born in Torino |
(TO) |
on 03/03/1949 |
- Fiscal Code : CSLNMR49C43L219R |
|
|
Fiscal residence: |
|
del Castello |
, 19 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Sole Director |
|
Musso |
Giancarlo |
|
|
Born in Castellamonte |
(TO) |
on 25/09/1946 |
- Fiscal Code : MSSGCR46P25C133R |
|
|
Residence: |
|
Tenente Morello |
, 19 |
- 10081 |
Castellamonte |
(TO) |
- IT - |
|
Ex-Postions |
|
Sole Director |
|
Managing Director |
|
Vasapolli |
Guido |
|
|
Born in Torino |
(TO) |
on 22/05/1960 |
- Fiscal Code : VSPGDU60E22L219D |
|
|
Residence: |
|
Guido Volante |
, 132/A |
- 10133 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Tirrito |
Gaia Maria |
|
|
Born in Venaria |
( ) |
on 13/08/1971 |
- Fiscal Code : TRRGMR71M53L727T |
|
|
Residence: |
|
Puccini |
, 24 |
- 10078 |
Venaria |
(TO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Borella |
Giovanna |
|
|
Born in Moncalieri |
(TO) |
on 23/06/1965 |
- Fiscal Code : BRLGNN65H63F335I |
|
|
Residence: |
|
Val Pattonera |
, 260 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Magnetti |
Luigi |
|
|
Born in TORINO |
(TO) |
on 12/04/1969 |
- Fiscal Code : MGNLGU69D12L219J |
|
|
Residence: |
|
Stupinigi |
, 43 |
- 10048 |
Vinovo |
(TO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
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 firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
SAN PAOLO BANCO DI NAPOLI S.P.A |
|
|
|
|
1010 |
0 |
|
UNICREDIT BANCA SPA |
CASTELLAMONTE |
PIAZZA REPUBBLICA 1 |
10081 |
Castellamonte |
2008 |
30300 |
Company's starting of activities dates back to 1988.
Balance sheets for the years 2011, 2012 and 2013 were analyzed.
During the last years, it achieved profits (r.o.e. 0,8% on 2013)
A loss is registered as to the operating result (-0,99%).
The operating result is negative (Eur. -272.958).
During the latest financial year the gross operating margin amounted to Eur. 329.336 with a -69,24% fall.
The company has an excellent net worth if compared to its debts, with a low indebtedness (0,8) but slighlty increasing.
It's shareholders funds amount to Eur. 11.495.250 , unchanged as opposed to the preceding year.
Total debts recorded amounted to Eur. 14.630.506 (Eur. 2.603.278 of which were m/l term debts) , showing an upward trend if compared to 2012.
The company does not exceed in bank credits; payments average period is instead slightly high (109,52 gg.) but lined up with the field's average.
Liquidity is good (1,65)
On average trade credits are collected in 89,86 days. , shorter than the sector's average.
Eur. 693.801 is the value of cash flow during the year 2013
In the last financial year labour cost was of Eur. 2.310.839, with a 9,87% incidence on total costs of production. , whereas the incidence on sales revenues is of 10,84%.
Financial incomes cover financial charges.
|
|
Complete balance-sheet for the year |
al 30/06/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
21.321.008 |
|
Profit (Loss) for the period |
91.507 |
|
|
Complete balance-sheet for the year |
al 30/06/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
23.249.455 |
|
Profit (Loss) for the period |
56.010 |
|
|
Complete balance-sheet for the year |
al 30/06/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
22.838.496 |
|
Profit (Loss) for the period |
551.427 |
|
|
Complete balance-sheet for the year |
al 30/06/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
20.421.971 |
|
Profit (Loss) for the period |
866.188 |
|
|
Complete balance-sheet for the year |
al 30/06/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
7.153.813 |
|
Profit (Loss) for the period |
6.023 |
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 |
0,28 |
0,36 |
0,40 |
0,14 |
|
Elasticity Ratio |
Units |
0,72 |
0,62 |
0,57 |
0,84 |
|
Availability of stock |
Units |
0,25 |
0,24 |
0,16 |
0,24 |
|
Total Liquidity Ratio |
Units |
0,47 |
0,39 |
0,41 |
0,53 |
|
Quick Ratio |
Units |
0,11 |
0,02 |
0,03 |
0,03 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
0,80 |
0,53 |
0,34 |
3,78 |
|
Self Financing Ratio |
Units |
0,41 |
0,52 |
0,57 |
0,17 |
|
Capital protection Ratio |
Units |
0,66 |
0,66 |
0,61 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,26 |
0,43 |
0,74 |
0,14 |
|
Financing |
Units |
1,27 |
0,76 |
0,63 |
4,55 |
|
Permanent Indebtedness Ratio |
Units |
0,53 |
0,65 |
0,73 |
0,33 |
|
M/L term Debts Ratio |
Units |
0,11 |
0,13 |
0,16 |
0,09 |
|
Net Financial Indebtedness Ratio |
Units |
0,40 |
0,33 |
0,20 |
1,26 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,92 |
1,80 |
1,80 |
1,87 |
|
Current ratio |
Units |
1,65 |
2,10 |
2,62 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,08 |
1,30 |
1,88 |
0,79 |
|
Structure's primary quotient |
Units |
1,50 |
1,45 |
1,40 |
1,13 |
|
Treasury's primary quotient |
Units |
0,25 |
0,06 |
0,13 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
241,03 |
190,69 |
176,73 |
587,75 |
|
Current Capital ( net ) |
Value |
7.839.408 |
6.998.159 |
7.032.302 |
209.248 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
3,25 |
2,77 |
4,69 |
2,26 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
0,80 |
0,50 |
4,88 |
3,48 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
2,39 |
3,39 |
9,17 |
12,19 |
|
Return on Investment ( R.O.I. ) |
% |
-0,99 |
2,24 |
5,46 |
3,83 |
|
Return/ Sales |
% |
-1,28 |
2,08 |
4,77 |
3,45 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
11,60 |
50,63 |
20,46 |
|
Cash Flow |
Value |
693.801 |
643.882 |
1.071.825 |
50.400 |
|
Operating Profit |
Value |
-272.958 |
483.041 |
1.089.179 |
68.610 |
|
Gross Operating Margin |
Value |
329.336 |
1.070.913 |
1.609.577 |
124.742 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
89,86 |
95,18 |
78,40 |
120,68 |
|
Debts to suppliers average term |
Days |
109,52 |
59,76 |
61,98 |
115,81 |
|
Average stock waiting period |
Days |
117,04 |
78,65 |
50,34 |
78,40 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,77 |
1,08 |
1,14 |
1,14 |
|
Rate of stock return |
Units |
3,08 |
4,58 |
7,15 |
4,57 |
|
Labour cost incidence |
% |
10,84 |
9,77 |
8,96 |
12,27 |
|
Net financial revenues/ charges incidence |
% |
0,86 |
-1,06 |
-0,69 |
-1,84 |
|
Labour cost on purchasing expenses |
% |
9,87 |
9,07 |
8,49 |
12,16 |
|
Short-term financing charges |
% |
n.c. |
2,96 |
2,74 |
3,35 |
|
Capital on hand |
% |
129,95 |
92,80 |
87,41 |
87,41 |
|
Sales pro employee |
Value |
296.125 |
332.135 |
387.093 |
245.343 |
|
Labour cost pro employee |
Value |
32.094 |
32.451 |
34.674 |
32.046 |
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 |
: |
2.236.941 |
|
Population living in the region |
: |
4.330.172 |
|
Number of families in the region |
: |
1.889.207 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
429 |
|
- per non food products |
: |
1.789 |
|
- per energy consume |
: |
135 |
The values are calculated on a base of 864 significant companies.
The companies cash their credits on an average of 121 dd.
The average duration of suppliers debts is about 116 dd.
The sector's profitability is on an average of 2,26%.
The labour cost affects the turnover in the measure of 12,27%.
Goods are held in stock in a range of 78 dd.
The difference between the sales volume and the resources used to realize it is about 1,14.
The employees costs represent the 12,16% of the production costs.
Statistically the trade activity passes through serious crises.
The area is statistically considered moderately risky.
In the region 27.019 protested subjects are found; in the province they count to 16.723.
The insolvency index for the region is 0,63, , while for the province it is 0,76.
Total Bankrupt companies in the province : 7.726.
Total Bankrupt companies in the region : 14.165.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.75 |
|
|
1 |
Rs.100.07 |
|
Euro |
1 |
Rs.77.95 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
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.