|
Report Date : |
13.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
ISKRA ZASCITE D.O.O. |
|
|
|
|
Registered Office : |
Stegne
23a, 1000 Ljubljana |
|
|
|
|
Country : |
Slovenia |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
29.06.1989 |
|
|
|
|
Com. Reg. No.: |
10212100 |
|
|
|
|
Legal Form : |
D.O.O.
- Limited Liability Company (Ltd.) |
|
|
|
|
Line of Business : |
Manufacture
of electronic components |
|
|
|
|
No of Employees : |
117 |
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) |
|
Slovenia |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SLOVENIA - ECONOMIC OVERVIEW
With excellent
infrastructure, a well-educated work force, and a strategic location between
the Balkans and Western Europe, Slovenia has one of the highest per capita GDPs
in Central Europe. Slovenia became the first 2004 European Union entrant to
adopt the euro (on 1 January 2007) and has experienced one of the most stable
political transitions in Central and Southeastern Europe. In March 2004,
Slovenia became the first transition country to graduate from borrower status
to donor partner at the World Bank. In 2007, Slovenia was invited to begin the
process for joining the OECD; it became a member in 2012. However, long-delayed
privatizations, particularly within Slovenia’s largely state-owned and
increasingly indebted banking sector, have fueled investor concerns since 2012
that the country would need EU-IMF financial assistance. In 2013, the European
Commission granted Slovenia permission to begin recapitalizing ailing lenders
and transferring their nonperforming assets into a “bad bank” established to
restore bank balance sheets. Yield-seeking bond investors’ strong demand for
Slovenian debt helped the government in 2013 to continue to finance itself
independently on international markets. The government has embarked on a
program of state asset sales intended to bolster investor confidence in the
economy, which in 2014 is poised to contract 1%, its third-year of recession.
|
Source
: CIA |
|
ISKRA
ZASCITE D.O.O. |
Phone |
01
500 31 00 |
|
Stegne
23a |
Telefax |
01
500 32 36 |
|
1000
Ljubljana |
E-Mail |
|
|
Slovenia |
Web |
|
Registration: |
Ljubljana |
Statistical
Nr. |
5286948 |
|
Registration
Nr. |
10212100 |
Tax
Nr. |
SI11021322 |
|
Status |
Active |
|
|
|
Business
connection |
Business
connection are premissible |
|
Terms
of payment |
Within
agreed terms |
Legal form
d.o.o.
- Limited liability company (Ltd.)
Founded
29/06/1989
as d.o.o. - Limited liability company (Ltd.)
Last
entry on 24.07.2013
24.07.2013
change of company name from ISKRA ZASCITE d.o.o., \ Ljubljana, Stegne 35 into
ISKRA ZASCITE d.o.o. and change of resident \ address from Stegne 35, Ljubljana
to Stegne 23A, Ljubljana
29/06/1989,
Ljubljana, 10212100 Statistical Nr.: 5286948 Tax Nr.: SI11021322
|
|
Name
/ Address / Status |
From |
Share |
|
Owner |
|||
|
|
Otmar
Zorn Kozakova
ulica 20, 1000 Ljubljana Slovenia |
|
13.159,29
EUR |
|
Total
capital |
13.159,29
EUR |
||
Registered capital
|
Date
|
Currency |
Value |
|
|
EUR
|
13.159,29 |
|
|
Name
/ Address / Status |
Since Power of attorney |
|
Manager |
||
|
|
director Otmar
Zorn Kozakova
ulica 20, 1000 Ljubljana Slovenia |
|
|
Valid
from |
Residence
address |
Valid
until |
|
|
Stegne
23a, 1000 Ljubljana, Slovenia Phone:
01 500 31 00 Telefax: 01 500 32 36 E-Mail:
info@iskrazascite.si
Web: www.iskrazascite.si |
|
|
Owner |
Name
/ Address / Status |
Valid
from |
Share |
|
|
Iskra
Zascite Protetiones d.o.o. |
|
100% |
|
|
Iskra
SDP s.v.o. Czech Republic |
|
100% |
|
|
Sinoslo
Technology Suzhou Industrial Park Co., China |
|
24% |
|
|
Zavod
Iskra Techno |
|
40% |
|
|
JERUZALEM
ORMOZ TGT d.o.o. |
|
|
|
|
ISKRA
ZASCITE PROTETIONES d.o.o. Statistical
Nr.: 2374145 Stegne
35, 1000 Ljubljana Slovenia |
|
7.500
EUR |
|
|
WEIDMULLER
& IZ d.o.o. Statistical
Nr.: 6277748 Tomsiceva
ulica 3, 1000 Ljubljana Slovenia |
|
50.000
EUR |
|
Main
activity |
Nace |
|
Manufacture
of electronic components |
26.11 |
|
Additional
activities |
Nace |
Company
activity:
Manufacture
of electronic components
Headquarters
and business premises are located on the address above
Turnover and Employees
|
Date |
Turnover |
Employees |
|
2007 |
10.339.650
EUR |
|
|
2008 |
10.449.710
EUR |
78 |
|
2009 |
10.719.613
EUR |
86 |
|
2010 |
15.986.231
EUR |
92 |
|
2011 |
18.756.726
EUR |
93 |
|
2012 |
20.279.531
EUR |
97 |
Import / Export
|
|
Import |
Export |
|
Percentage |
Unknown |
Unknown |
|
Countries |
Germany,
Austria |
Germany,
Austria, Spain, France, Russia, Poland, Croatia, USA, Netherlands |
Properties
|
Name |
Detail |
Currency |
Value |
|
Commercial
building |
Company's
property Stegne
35, Ljubljana 1000, Slovenia |
|
Unknown |
|
Land
and buildings |
Company's
property per
31.12.2013 |
EUR |
7.152.097 (Official
source) |
Remarks
full
name of company:
ISKRA
ZASCITE podjetje za izvajanje zascit, inZeniring in kooperacijo d.o.o.
Participation
in capital:
ISKRA
PROTECTION Co. Ltd China (100%share) ISKRA ZASCITE PROTETIONES d.o.o. (100%
share) ISKRA ZASCITE Uzice d.o.o. Serbia (80%share) WEIDMULLER & I.Z. (50%
share) Solvera Lynx d.d. (61% share) (stand per 31.12.2013)
Account
by ZVEZA BANK, registrirana zadruga z omejenim jamstvom, Podruznica Ljubljana:
SI56
3700 0000 0247 087
Banks
|
Code |
Bank
name / Address |
Account
Nr. |
|
100 |
NOVA
LJUBLJANSKA BANKA d.d., LJUBLJANA Trg
republike 2, 1520 Ljubljana , 1250, |
02923-0011542655 |
|
134 |
UNICREDIT
BANKA SLOVENIJA d.d. Smartinska
140, 1000 Ljubljana , 1000, |
29000-0055291894 |
Payment experience and credit opinion
|
Terms
of payment |
Within
agreed terms |
|
Business
connection |
Business
connection are premissible |
Business development
|
Company
development |
Constant |
Events
No
negative events registered.
Balance
31.12.2013
The
enclosed balance of 2013 is originated from official source, it is not
authenticated by the auditor. 31.12.2012 The enclosed balance of 2012 is originated from official
source, it is authenticated by the auditor. 31.12.2011 The enclosed balance
of 2011 is the company's own report, it is not authenticated by the auditor. 31.12.2010 The enclosed balance
of 2010 is the company's own report, it is not authenticated by the auditor.
|
|
|
31/12/2013 1 EUR
balance |
31/12/2012 1 EUR
balance |
31/12/2011 1 EUR
balance |
31/12/2010 1 EUR
balance |
|
Name |
Ref. |
||||
|
ASSETS
(AKTIVA) |
|
19.603.791 |
18.586.498 |
13.262.537 |
10.516.817 |
|
LONG-TERM
ASSETS |
|
10.585.489 |
8.658.369 |
2.743.745 |
1.696.546 |
|
Intangible
assets and long-term deferred costs and accrued revenues |
|
891.987 |
731.416 |
774.336 |
63.422 |
|
Intangible
assets |
|
890.284 |
724.822 |
|
63.422 |
|
Long-term
deferred costs and accrued revenues |
|
1.703 |
6.594 |
|
|
|
|
|
31/12/2013 1 EUR balance |
31/12/2012 1 EUR
balance |
31/12/2011 1 EUR
balance |
31/12/2010 1 EUR
balance |
|
Name |
Ref. |
||||
|
Tangible
fixed assets |
|
8.184.672 |
6.994.694 |
1.554.391 |
1.254.737 |
|
Long-term
financial investments and Real estate investments |
|
1.456.842 |
921.247 |
|
|
|
Investment
property |
|
128.278 |
0 |
0 |
0 |
|
Long-term
financial investments |
|
1.328.564 |
921.247 |
361.391 |
292.232 |
|
Long-term
operating receivables |
|
1.135 |
11.012 |
53.627 |
86.155 |
|
Deferred
receivables for taxes |
|
50.853 |
0 |
0 |
0 |
|
SHORT-TERM
ASSETS |
|
8.952.137 |
9.892.183 |
10.493.750 |
8.800.132 |
|
Assets
(group for estrange) for sell |
|
0 |
0 |
0 |
0 |
|
Inventories |
|
2.754.793 |
2.980.147 |
2.001.035 |
2.026.460 |
|
Short-term
financial investments |
|
160.100 |
599.391 |
2.187.107 |
232.111 |
|
Short-term
operating receivables |
|
4.306.506 |
5.004.973 |
3.862.381 |
6.014.100 |
|
Cash
assets |
|
1.730.738 |
1.307.672 |
2.443.227 |
527.461 |
|
Short-term
deferred costs and accrued revenues |
|
66.165 |
35.946 |
25.042 |
20.139 |
|
Off-balance
sheet items |
|
5.215.412 |
0 |
0 |
0 |
|
LIABILITIES |
|
19.603.791 |
18.586.498 |
13.262.537 |
10.516.817 |
|
CAPITAL |
|
12.656.025 |
10.328.907 |
7.765.627 |
5.342.361 |
|
Called-up
capital |
|
13.159 |
13.159 |
13.159 |
13.159 |
|
Basic
(subscribed) capital |
|
13.159 |
13.159 |
12.159 |
13.159 |
|
Non
called-up capital (deductive item) |
|
0 |
0 |
0 |
0 |
|
Capital
reserves |
|
220.293 |
220.293 |
220.293 |
220.293 |
|
Reserves
from profit |
|
67.140 |
67.140 |
67.140 |
67.140 |
|
Surplus
from revaluation |
|
9 |
9 |
9 |
9 |
|
Retained
net |
|
9.614.973 |
7.385.026 |
4.990.760 |
2.742.241 |
|
Net
business result for the business year |
|
2.740.451 |
2.643.280 |
2.474.266 |
2.299.519 |
|
PROVISIONS AND LONG-TERM ACCRUED COSTS AND DEFERRED REVENUES |
|
0 |
453.744 |
453.744 |
465.444 |
|
FINANCIAL
AND BUSINESS LIABILITIES |
|
6.860.201 |
7.667.043 |
|
|
|
LONG-TERM
LIABILITIES |
|
3.495.588 |
2.254.183 |
880.077 |
323.582 |
|
Long-term
financial liabilities |
|
2.722.288 |
1.631.883 |
129.527 |
0 |
|
Long-term
operating liabilities |
|
773.300 |
622.300 |
750.550 |
323.582 |
|
Deferred
liabilities for taxes |
|
0 |
0 |
0 |
0 |
|
SHORT-TERM
LIABILITIES |
|
3.364.613 |
5.412.860 |
4.060.537 |
4.195.443 |
|
Liabilities,
included in groups for estrange |
|
0 |
0 |
0 |
0 |
|
Short-term
financial liabilities |
|
880.033 |
1.887.592 |
1.973.496 |
289.610 |
|
Short-term
operating liabilities |
|
2.484.580 |
3.525.268 |
2.087.041 |
3.905.833 |
|
SHORT-TERM
ACCRUED COSTS AND DEFERRED REVENUES |
|
87.565 |
136.804 |
102.552 |
189.987 |
|
Off-balance
sheet items |
|
5.215.412 |
0 |
0 |
0 |
31.12.2013
The
enclosed profit and loss account of 2013 is originated from official source, it
is not authenticated by the auditor.
31.12.2012
The
enclosed profit and loss account of 2012 is originated from official source, it
is authenticated by the auditor.
31.12.2011
The
enclosed profit and loss account of 2011 is the company's own report, it is not
authenticated by the auditor.
31.12.2010
The
enclosed profit and loss account of 2010 is the company's own report, it is not
authenticated by the auditor
|
|
|
31/12/2013 1 EUR profit
and loss account |
31/12/2012 1 EUR profit
and loss account |
31/12/2011 1 EUR profit
and loss account |
31/12/2010 1 EUR profit
and loss account |
|
Name |
Ref. |
||||
|
Net
sales |
|
19.077.981 |
18.423.763 |
17.588.149 |
15.054.765 |
|
Changes
in the value of inventories of products and work-in-process |
|
-221.172 |
735.694 |
155.197 |
|
|
Capitalised
own products and own services |
|
0 |
0 |
|
|
|
Other
operating revenues (with subventions, grants,...) |
|
727.178 |
929.947 |
916.330 |
|
|
GROSS
OPERATING YIELD |
|
19.583.987 |
20.089.404 |
18.659.676 |
15.900.531 |
|
Cost
of goods, material and services |
|
12.654.053 |
13.805.234 |
12.383.303 |
9.920.542 |
|
Purchase
value of goods and materials sold and cost of material and cost of material
used |
|
9.189.594 |
10.939.697 |
9.276.057 |
|
|
Cost
of services |
|
3.464.459 |
2.865.537 |
3.107.246 |
|
|
Labour
cost |
|
3.087.353 |
2.820.525 |
2.555.196 |
2.522.267 |
|
Cost
of wages |
|
2.302.735 |
2.127.887 |
1.941.083 |
1.858.820 |
|
Cost
of pension insurance |
|
204.850 |
0 |
174.262 |
163.539 |
|
Cost
of other social insurance |
|
170.568 |
342.855 |
138.451 |
136.367 |
|
Other
labour cost |
|
409.200 |
349.783 |
301.400 |
363.541 |
|
Write-offs |
|
595.398 |
343.296 |
428.000 |
405.456 |
|
Depreciation |
|
385.481 |
303.929 |
260.493 |
189.086 |
|
Revaluation
operating expenses for non-tangible assets and tangible fixed assets |
|
5.860 |
6.551 |
8.558 |
0 |
|
Revaluation
operating expenses for current assets |
|
204.057 |
32.816 |
158.949 |
216.370 |
|
Other
operating expenses |
|
132.387 |
113.810 |
127.489 |
160.668 |
|
OPERATING
REVENUES |
|
19.805.159 |
19.353.710 |
|
|
|
OPERATING
EXPENSES |
|
16.469.191 |
17.082.865 |
|
|
|
OPERATING
RESULT |
|
3.335.968 |
2.270.845 |
|
|
|
EBIT |
|
3.114.796 |
3.006.539 |
|
|
|
Financial
income from investments in other enterprises |
|
57 |
102.972 |
92 |
3.587 |
|
Financial
income from loans |
|
9.684 |
13.595 |
10.244 |
5.893 |
|
Financial
income from operating receivables |
|
21.310 |
71.616 |
86.193 |
76.219 |
|
Financial
expenses from depreciation and writeoffs of financial investments |
|
52.910 |
12.162 |
3.829 |
0 |
|
Financial
expenses from financial liabilities |
|
20.389 |
97.464 |
10.811 |
8.780 |
|
Financial
expenses from operating liabilities |
|
66.285 |
86.436 |
57.782 |
71.848 |
|
Financial
income |
|
31.051 |
188.183 |
96.529 |
|
|
Financial
expenses |
|
139.584 |
196.062 |
72.422 |
|
|
Other
revenues |
|
2.148 |
1.944 |
521 |
1 |
|
Other
expenses |
|
6.147 |
488 |
138.463 |
75.922 |
|
|
|
31/12/2013 1 EUR profit
and loss account |
31/12/2012 1 EUR profit
and loss account |
31/12/2011 1 EUR profit
and loss account |
31/12/2010 1 EUR profit
and loss account |
|
Name |
Ref. |
||||
|
Total
revenues |
|
19.617.186 |
20.279.531 |
|
|
|
Total
costs |
|
16.614.922 |
17.279.415 |
|
|
|
Total
business result |
|
3.002.264 |
3.000.116 |
3.051.853 |
2.820.748 |
|
Tax
on profit |
|
312.666 |
356.836 |
577.587 |
521.229 |
|
Deferred
taxs |
|
-50.853 |
0 |
0 |
0 |
|
Net
business result for the accounting period |
|
2.740.451 |
2.643.280 |
2.474.266 |
2.299.519 |
|
Name |
Ref. |
31/12/2013 |
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
Equity
ratio |
1 |
0,00 |
0,00 |
0,00 |
0,00 |
|
Cleared
equity ratio |
2 |
0,00 |
0,00 |
0,00 |
0,00 |
|
Current
liquidity |
3 |
2,66 |
1,83 |
2,58 |
2,10 |
|
Quick
liquidity |
4 |
1,84 |
1,28 |
2,09 |
1,61 |
|
Working
capital |
5 |
5587524,00 |
4479323,00 |
6433213,00 |
4604689,00 |
|
Gearing |
6 |
1489,76 |
1412,46 |
1090,76 |
799,21 |
|
Cleared
gearing |
7 |
273,94 |
267,64 |
173,09 |
22,02 |
|
Profitability |
8 |
15,30 |
14,79 |
|
|
|
Operating
profitability |
9 |
13,97 |
13,03 |
|
|
|
Stock
days |
10 |
51,26 |
53,64 |
|
|
|
Debtor
days |
11 |
80,13 |
90,08 |
|
|
|
Supplier
days |
12 |
46,23 |
63,45 |
|
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.16 |
|
|
1 |
Rs.98.62 |
|
Euro |
1 |
Rs.77.67 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
SMN |
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.