MIRA INFORM REPORT
|
Report Date : |
27.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
ZHERMACK S.P.A. |
|
|
|
|
Registered Office : |
Via Bovazecchino, 100, 45021 - Badia
Polesine, (RO) -IT- |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
03.11.1981 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No of Employees : |
From 251 to 500 |
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 : |
Good |
|
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 |
COMPANY
NAME & ADDRESS
ZHERMACK S.P.A.
Via Bovazecchino, 100
45021 - Badia Polesine (RO) -IT-
Summary
|
Fiscal Code |
: |
00594630295 |
|
Legal Form |
: |
Joint stock company |
|
Start of Activities |
: |
03/11/1981 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
50.000.000/75.000.000 |
|
Number of Employees |
: |
From 251 to 500 |
Activity
Manufacture of chemical products used in
offices and for non-industr
ial usage
Manufacture of dental prosthesis (including
repair)
Legal
Data
Legal Form : Joint stock company
|
Register of Handcraft firms : 23725 |
|
Register of Handcraft firms : 23725 of
Rovigo since 08/07/1982 |
|
Fiscal Code : 00594630295 |
|
Foreign Trade Reg. no. : RO001381 since
19/12/1991 |
|
Foreign Trade Reg. no. : 1381 of Rovigo
since 19/12/1991 |
|
Foreign Trade Reg. no. : 001381 of Rovigo since
19/12/1991 |
|
Chamber of Commerce no. : 86603 of Rovigo
since 03/12/1981 |
|
Firms' Register : RO041-3421 of Rovigo
since 19/02/1996 |
|
V.A.T. Code : 00594630295 |
|
Trade Agents Licence : 2860 of Rovigo
since 18/01/1999 |
|
Establishment date |
: 03/11/1981 |
|
|
Start of Activities |
: 03/11/1981 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 1.032.000 |
|
|
Subscribed Capital |
: 1.032.000 |
|
|
Paid up Capital |
: 1.032.000 |
Members
|
|
Busin |
Tiziano |
|
|
Born in Masi |
(PD) |
on 27/01/1955 |
- Fiscal Code : BSNTZN55A27F013P |
|
|
Residence: |
C. Leoni |
, 28 |
- 35139 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
27/04/2012 |
||
|
Director |
27/04/2012 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Ambrosini |
Paolo |
|
|
Born in Legnago |
(VR) |
on 01/01/1970 |
- Fiscal Code : MBRPLA70A01E512J |
|
|
Residence: |
Luchino Visconti |
, 8 |
- 45030 |
Occhiobello |
(RO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Institor |
07/12/2011 |
||
|
General Director |
01/01/2012 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Mora |
Vittorio |
|
|
Born in Badia Polesine |
(RO) |
on 24/09/1954 |
- Fiscal Code : MROVTR54P24A539K |
|
|
Residence: |
Roma |
, 80 |
- 45021 |
Badia Polesine |
(RO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/04/2012 |
|
|
Size |
Robert J. |
|
|
Born in Buffalo |
( ) |
on 26/10/1958 |
|
|
Residence: |
Wyndham Drive South |
, 1625 |
York |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/04/2012 |
|
|
Newell |
William |
|
|
Born in Queens (ny) |
( ) |
on 18/08/1961 |
|
|
Residence: |
Saddle Creek Court |
, 1104 |
- 21152 |
Sparks (md) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
13/01/2014 |
|
|
Dentsply Germany
Investment Gmbh |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Protests
registered |
Companies
connected to members *
*checkings have been performed on a national
scale.
In this module are listed the companies in
which members hold or have holded positions.
|
|
Busin |
Tiziano |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Holtrade S.r.l. |
Badia Polesine (RO) - IT - |
00900720293 |
Chairman |
Withdrawn |
Ceased |
|
Holtrade S.r.l. |
Badia Polesine (RO) - IT - |
00900720293 |
Liquidator |
Withdrawn |
Ceased |
|
Emmevi S.p.a. |
Settimo Milanese (MI) - IT - |
04754750158 |
Managing
Director |
Withdrawn |
Ceased |
|
Emmevi S.p.a. |
Settimo Milanese (MI) - IT - |
04754750158 |
Director |
Withdrawn |
Ceased |
|
Emmevi S.p.a. |
Settimo Milanese (MI) - IT - |
04754750158 |
Sole Director |
Withdrawn |
Ceased |
|
Emmevi S.p.a. |
Settimo Milanese (MI) - IT - |
04754750158 |
Assistant board Chairman |
Withdrawn |
Ceased |
|
Emmevi S.p.a. |
Settimo Milanese (MI) - IT - |
04754750158 |
Managing
Director |
Withdrawn |
Ceased |
|
Saratoga-s.p.a. |
Pordenone (PN) - IT - |
00117290932 |
Director |
Withdrawn |
Registered |
|
Consorzio Industriale Formazione E
Innovazione Rovigo Societa' Consortile A Resp |
Rovigo (RO) - IT - |
93005260299 |
Director |
Withdrawn |
Registered |
|
Assindustria Servizi S.r.l. |
Rovigo (RO) - IT - |
00633560297 |
Director |
Active |
Registered |
|
Assindustria Servizi S.r.l. |
Rovigo (RO) - IT - |
00633560297 |
Board Chairman |
Active |
Registered |
|
G.t.a. Moda S.p.a. |
Selvazzano Dentro (PD) - IT - |
01054650286 |
Director |
Active |
Registered |
|
G.t.a. Moda S.p.a. |
Selvazzano Dentro (PD) - IT - |
01054650286 |
Managing
Director |
Active |
Registered |
|
Haktival - S.r.l. |
Badia Polesine (RO) - IT - |
01029730296 |
Board Chairman |
Withdrawn |
Registered |
|
Vittizia S.r.l. |
Verona (VR) - IT - |
03680020231 |
Director |
Withdrawn |
Ceased |
|
Vtlbo S.r.l. |
Verona (VR) - IT - |
03715490235 |
Director |
Withdrawn |
Ceased |
|
Fys S.r.l. In Liquidazione |
Badia Polesine (RO) - IT - |
01291930293 |
Sole Director |
Withdrawn |
Registered |
|
Fys S.r.l. In Liquidazione |
Badia Polesine (RO) - IT - |
01291930293 |
Liquidator |
Active |
Registered |
|
BUSIN TIZIANO |
Badia Polesine (PD) - IT - |
BSNTZN55A27F013P |
Proprietor |
Withdrawn |
Registered |
|
Hk S.r.l. |
San Giovanni Lupatoto (VR) - IT - |
03721300238 |
Director |
Withdrawn |
Registered |
|
Consutel Group S.p.a. - In Liquidazione-
In Concordato Preventi Vo |
Creazzo (VI) - IT - |
03110460247 |
Director |
Withdrawn |
In liquidation |
|
Venetwork Spa |
Venezia (VE) - IT - |
03686250246 |
Managing
Director |
Active |
Registered |
|
Venetwork Spa |
Venezia (VE) - IT - |
03686250246 |
Director |
Active |
Registered |
|
Horentek S.r.l. |
Santa Croce sull'Arno (PI) - IT - |
01984940500 |
Director |
Active |
Registered |
|
Hizedfin Srl |
Padova (PD) - IT - |
04837540287 |
Sole Director |
Active |
Registered |
|
Hizedfin Srl |
Padova (PD) - IT - |
04837540287 |
Sole partner |
Active |
Registered |
|
Fantic Motor S.r.l. |
Casier (TV) - IT - |
04684370267 |
Director |
Active |
Registered |
|
Fantic Motor S.r.l. |
Casier (TV) - IT - |
04684370267 |
Managing
Director |
Active |
Registered |
|
Fantic Motor S.r.l. |
Casier (TV) - IT - |
04684370267 |
Board Chairman |
Active |
Registered |
|
Heliv Group S.r.l. |
Venezia (VE) - IT - |
04111710275 |
Director |
Active |
Registered |
|
2045 Tech S.r.l. |
Caorle (VE) - IT - |
04163830278 |
Director |
Active |
Registered |
|
2045 Tech S.r.l. |
Caorle (VE) - IT - |
04163830278 |
Managing
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.
Capital
Shareholders
Shareholders' list as at date of data
collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Busin Tiziano |
Padova - IT - |
BSNTZN55A27F013P |
206.400 .Eur |
20,00 |
|
Mora Vittorio |
Badia Polesine - IT - |
MROVTR54P24A539K |
206.400 .Eur |
20,00 |
|
Dentsply Germany Investment Gmbh |
619.200 .Eur |
60,00 |
Direct
Participations
The Company under review has participations
in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Banco Delle Tre Venezie S.p.a. Con Acron
imo B.t.v. Spa |
Padova - IT - |
04147080289 |
50.000 .Eur |
0,11 |
Active |
||
|
Immobiliare Polesana - S.r.l. |
Rovigo - IT - |
00209920297 |
98 .Eur |
0,03 |
Active |
||
|
Consorzio Industriale Formazione E Innov
azione Rovigo Societa' Consortile A Resp |
Rovigo - IT - |
93005260299 |
54 .Eur |
0,21 |
Active |
||
|
Consorzio Veneto Emiliano Razionalizzazi
one Ed Acquisto Energia Sigla Consorzio |
Rovigo - IT - |
01142680295 |
25 .Eur |
0,12 |
Active |
Firm's
location and structure
In order to carry out its activities the
firm uses the following locations:
|
- |
Legal and
operative seat |
|
Bovazecchino |
, 100 |
- 45021 |
- Badia Polesine |
(RO) |
- IT - |
|
PHONE |
: 0425597611 |
|
FAX |
: 042553596 |
|
- |
Branch |
(Store) |
since 01/11/1994 |
|
Bovasostegno |
, 113/E |
- 45021 |
- Badia Polesine |
(RO) |
- IT - |
|
PHONE |
: 0425597611 |
|
- |
Branch |
(Factory) |
since 28/08/1996 |
|
Bovazecchino |
, 86 |
- 45021 |
- Badia Polesine |
(RO) |
- IT - |
|
PHONE |
: 0425597611 |
|
- |
Branch |
(Factory) |
since 01/04/2004 |
|
Arte Dei Radaroli |
, 148 |
- 45021 |
- Badia Polesine |
(RO) |
- IT - |
|
- |
Branch |
(Factory) |
since 14/05/2007 |
|
Dell'industria |
, 277 |
- 45021 |
- Badia Polesine |
(RO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 23/07/2007 |
|
Camillo Dal Fiume |
, 129/M |
- 45021 |
- Badia Polesine |
(RO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 26/08/2014 |
|
Galileo Ferraris |
, 908 |
- 45021 |
- Badia Polesine |
(RO) |
- IT - |
|
Employees |
: 257 |
|
Assistants |
: 4 |
|
Fittings and Equipment for a value of
6.510.000 |
Eur |
|
Stocks for a value of 10.100.000 |
Eur |
Historical Information and/or Firm's Status
CHANGES TO THE LEGAL
FORM:
|
Former legal form |
New legal form |
Changement Date |
|
General partnership |
Limited liability company |
04/04/1990 |
|
Limited liability company |
Joint stock company |
28/07/1992 |
EX-MEMBERS /
EX-POSITIONS:
|
|
Previati |
Andrea |
|
|
Born in Gaiba |
(RO) |
on 19/01/1956 |
- Fiscal Code : PRVNDR56A19D855T |
|
|
Residence: |
Corridoni |
, 19 |
- 45100 |
Rovigo |
(RO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Permanent Auditor |
|
|
|
|
Busin |
Tiziano |
|
|
Born in Masi |
(PD) |
on 27/01/1955 |
- Fiscal Code : BSNTZN55A27F013P |
|
|
Residence: |
C. Leoni |
, 28 |
- 35139 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Director |
|
|
|
|
Garavini |
Giuseppe |
|
|
Born in Mercato Saraceno |
(FO) |
on 03/04/1937 |
- Fiscal Code : GRVGPP37D03F139T |
|
|
Residence: |
A. Lollio |
, 14 |
- 44100 |
Ferrara |
(FE) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
|
|
Brusemini |
Giorgio |
|
|
Born in Badia Polesine |
(RO) |
on 03/11/1958 |
- Fiscal Code : BRSGRG58S03A539W |
|
|
Residence: |
Manzoni |
, 93 |
- 45026 |
Badia Polesine |
(RO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Lehner |
Rudolf |
|
|
Born in Monaco |
( ) |
on 13/11/1957 |
- Fiscal Code : LHNRLF57S13Z112Y |
|
|
Residence: |
Stuberstrasse |
, 11A |
Germania |
- DE - |
|
Ex-Postions |
|
Director |
|
|
|
|
Ambrosini |
Paolo |
|
|
Born in Legnago |
(VR) |
on 01/01/1970 |
- Fiscal Code : MBRPLA70A01E512J |
|
|
Residence: |
Luchino Visconti |
, 8 |
- 45030 |
Occhiobello |
(RO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
|
|
MENEGHIN |
PAOLO |
|
|
Born in CORREZZOLA |
(PD) |
on 17/02/1951 |
- Fiscal Code : MNGPLA51B17D040C |
|
|
Residence: |
MARCONI |
, 385 |
- 45021 |
Badia Polesine |
(RO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
|
|
Mora |
Vittorio |
|
|
Born in Badia Polesine |
(RO) |
on 24/09/1954 |
- Fiscal Code : MROVTR54P24A539K |
|
|
Residence: |
Roma |
, 80 |
- 45021 |
Badia Polesine |
(RO) |
- IT - |
|
Ex-Postions |
|
Assistant board Chairman |
|
Managing Director |
|
|
|
|
Size |
Robert J. |
|
|
Born in Buffalo |
( ) |
on 26/10/1958 |
|
|
Residence: |
Wyndham Drive South |
, 1625 |
York |
- IT - |
|
Ex-Postions |
|
Director |
|
|
|
|
Size |
Robert J. |
|
|
Born in Buffalo |
( ) |
on 26/10/1958 |
|
|
Residence: |
Wyndham Drive South |
, 1625 |
York |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Size |
Robert J. |
|
|
Born in Buffalo |
( ) |
on 26/10/1958 |
|
|
Residence: |
Wyndham Drive South |
, 1625 |
York |
- IT - |
|
Ex-Postions |
|
Director |
|
|
|
|
Garani |
Pietro |
|
|
Born in Ferrara |
(FE) |
on 19/09/1940 |
- Fiscal Code : GRNPTR40P19D548P |
|
|
Residence: |
Isonzo |
, 56 |
- 44100 |
Ferrara |
(FE) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
|
|
Geneovese |
Castrenze |
|
|
Born in PALERMO |
(PA) |
on 16/05/1955 |
- Fiscal Code : GNVCTR55E16G273J |
|
|
Residence: |
VIARO |
, 97 |
- 45021 |
Badia Polesine |
(RO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
|
|
Mini |
Lorenza |
|
|
Born in BADIA POLESINE |
(RO) |
on 18/12/1954 |
- Fiscal Code : MNILNZ54T58A539Q |
|
|
Residence: |
FAM. ROSSI |
, 78 |
- 45021 |
Badia Polesine |
(RO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
|
|
Trombin |
Lucio |
|
|
Born in SANTA MARGHERITA D'ADIGE |
(PD) |
on 06/10/1944 |
- Fiscal Code : TRMLCU44R06I226V |
|
|
Residence: |
MIANI |
, 248 |
- 45021 |
Badia Polesine |
(RO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Chairman of the Board of Aud. |
|
|
|
|
Mora |
Diogene Vittorio |
|
|
Born in BADIA POLESINE |
(RO) |
on 24/09/1954 |
- Fiscal Code : MRODNV54P24A539C |
|
|
Residence: |
CARLO FORLANINI |
, 77 |
- 45100 |
Rovigo |
(RO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Assistant board Chairman |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of
merging by taking over of |
|
|
|
|
Darwin |
, 0018 |
, 20019 |
, Settimo Milanese |
(MI) |
- IT - |
|
|
Fiscal Code: 04754750158 |
|
|
Date |
Merging/splitting-up project: |
22/12/2006 |
|
|
The firm
absorbed by merging of |
|
|
|
|
Darwin |
, 0018 |
, 20019 |
, Settimo Milanese |
(MI) |
- IT - |
|
|
Fiscal Code: 04754750158 |
|
|
Date |
: |
14/05/2007 |
|
|
Project of
merging by taking over of |
|
|
|
|
San Fermo |
, 14 |
, 37121 |
, Verona |
(VR) |
- IT - |
|
|
Fiscal Code: 03715490235 |
|
|
Date |
Merging/splitting-up project: |
25/09/2007 |
|
|
The firm
absorbed by merging of |
|
|
|
|
San Fermo |
, 14 |
, 37121 |
, Verona |
(VR) |
- IT - |
|
|
Fiscal Code: 03715490235 |
|
|
Date |
: |
18/12/2007 |
|
|
Project of
merging by taking over of |
|
|
|
|
, Lussemburgo |
- IT - |
|
|
Date |
Merging/splitting-up project: |
17/06/2010 |
|
|
The firm
absorbed by merging of |
|
|
|
|
, Lussemburgo L-1724 |
- IT - |
|
|
Date |
: |
24/11/2010 |
Protests
Protests checking on the subject firm has
given a negative result.
Data Base Prejudicial Events Search
Search performed on a National Scale
|
|
Prejudicial
Events Search Result: NEGATIVE |
Search performed on a specialized data base.
Legal
Procedures
None reported, standing to the latest
received edition of the Official Publications.
Financial
and Economical Analysis
Company's starting of activities dates back
to 1981.
The analysis is based on the latest 3
balance sheets.
During the last years, it achieved profits
(r.o.e. 36,54% on 2013) with a remarkable upward trend (+11,99% on 2013
compared to 2012 and +12,39% on 2012 compared to 2011).
The operating result was positive in the
last financial year (20,8%) and even better than sector's average.
The amount of the operating result for the
year 2013 is of Eur. 11.094.095 increasing if compared to the yeart 2012.
The gross operating margin of the latest
financial year is of Eur. 13.527.439 , stable if compared to the year before.
Very good financial situation: shareholder's
equity covers short-terms debts with an indebtedness level equal to 0,47 lower
than in 2012.
It's shareholders funds amount to Eur.
21.347.286 , increasing by 57,57% if compared to the year before.
Total indebtedness totalled Eur. 10.576.825,
on the same levels as the year before.
Financial indebdtedness is under control
whereas debts to suppliers are frequent and higher than sector's average.
Liquidity is however good.
Trade credits average terms are 70,29 days.
, that compared to the sector's average is shorter.
As far as the cash flow is concerned during
the latest financial year it amounted to Eur. 10.225.227
During 2013 financial year labour costs
amounted to Eur. 12.536.173, with a 23,85% incidence on production costs. ,
whereas the incidence on sales revenues is of 19,78%.
The incidence of the financial charges is of
-0,21% on the sales amount.
Financial
Data
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
63.370.356 |
|
Profit (Loss) for the period |
7.799.484 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
56.583.328 |
|
Profit (Loss) for the period |
6.273.245 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
50.343.042 |
|
Profit (Loss) for the period |
3.133.621 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
46.005.618 |
|
Profit (Loss) for the period |
1.745.547 |
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
40.856.025 |
|
Profit (Loss) for the period |
525.651 |
Balance
Sheets
From our constant monitoring of the relevant
Public Administration offices, no more recent balance sheets result to have
been filed.
|
- Balance Sheet as
at 31/12/2013 - 12 Mesi - Currency: - Amounts x 1 |
|
- 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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
RATIOS
|
|
|
|
|
|
|
|
Value Type |
as at 31/12/2013 |
as at 31/12/2012 |
as at 31/12/2011 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,50 |
0,47 |
0,46 |
0,33 |
|
Elasticity Ratio |
Units |
0,49 |
0,52 |
0,53 |
0,65 |
|
Availability of stock |
Units |
0,19 |
0,23 |
0,20 |
0,15 |
|
Total Liquidity Ratio |
Units |
0,30 |
0,30 |
0,33 |
0,47 |
|
Quick Ratio |
Units |
0,01 |
0,01 |
0,04 |
0,01 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
0,47 |
0,88 |
1,44 |
1,60 |
|
Self Financing Ratio |
Units |
0,40 |
0,27 |
0,15 |
0,28 |
|
Capital protection Ratio |
Units |
0,59 |
0,46 |
0,43 |
0,69 |
|
Liabilities consolidation quotient |
Units |
0,10 |
0,09 |
1,88 |
0,21 |
|
Financing |
Units |
0,50 |
0,90 |
4,76 |
2,10 |
|
Permanent Indebtedness Ratio |
Units |
0,42 |
0,29 |
0,62 |
0,47 |
|
M/L term Debts Ratio |
Units |
0,02 |
0,02 |
0,48 |
0,10 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,06 |
0,09 |
0,66 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
0,83 |
0,62 |
1,37 |
1,28 |
|
Current ratio |
Units |
2,46 |
2,16 |
2,11 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,51 |
1,22 |
1,30 |
0,90 |
|
Structure's primary quotient |
Units |
0,79 |
0,57 |
0,32 |
0,90 |
|
Treasury's primary quotient |
Units |
0,06 |
0,03 |
0,15 |
0,02 |
|
Rate of indebtedness ( Leverage ) |
% |
249,83 |
374,35 |
672,64 |
353,06 |
|
Current Capital ( net ) |
Value |
15.475.162 |
14.248.088 |
13.724.220 |
592.597 |
|
RETURN |
|||||
|
Return on Sales |
% |
16,14 |
15,79 |
11,81 |
3,97 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
36,54 |
46,30 |
43,08 |
2,57 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
53,63 |
67,28 |
73,75 |
9,20 |
|
Return on Investment ( R.O.I. ) |
% |
20,80 |
17,54 |
12,88 |
3,84 |
|
Return/ Sales |
% |
17,51 |
15,72 |
12,52 |
4,05 |
|
Extra Management revenues/charges incid. |
% |
70,30 |
70,54 |
49,71 |
25,15 |
|
Cash Flow |
Value |
10.225.227 |
8.932.310 |
5.947.273 |
316.000 |
|
Operating Profit |
Value |
11.094.095 |
8.893.636 |
6.304.197 |
279.308 |
|
Gross Operating Margin |
Value |
13.527.439 |
11.561.594 |
9.129.094 |
532.534 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
70,29 |
72,78 |
79,67 |
104,54 |
|
Debts to suppliers average term |
Days |
223,59 |
262,86 |
315,33 |
96,16 |
|
Average stock waiting period |
Days |
57,40 |
73,22 |
71,33 |
50,38 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,19 |
1,12 |
1,03 |
1,16 |
|
Rate of stock return |
Units |
6,27 |
4,92 |
5,05 |
7,14 |
|
Labour cost incidence |
% |
19,78 |
19,45 |
19,96 |
13,54 |
|
Net financial revenues/ charges incidence |
% |
-0,21 |
-0,35 |
-1,69 |
-1,46 |
|
Labour cost on purchasing expenses |
% |
23,85 |
22,18 |
21,92 |
13,80 |
|
Short-term financing charges |
% |
7,03 |
6,08 |
3,01 |
3,24 |
|
Capital on hand |
% |
84,16 |
89,63 |
97,20 |
86,41 |
|
Sales pro employee |
Value |
162.072 |
164.965 |
160.328 |
352.121 |
|
Labour cost pro employee |
Value |
32.061 |
32.090 |
32.008 |
44.319 |
Remarks
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.
Market
/ Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
Monthly family expences average in the
region (in Eur..) :
|
- per food products |
: |
|
|
- per non food products |
: |
|
|
- per energy consume |
: |
|
Sector
Data
The values are calculated on a base of 435
significant companies.
The companies cash their credits on an
average of 105 dd.
The average duration of suppliers debts is
about 96 dd.
The sector's profitability is on an average
of 3,97%.
The labour cost affects the turnover in the
measure of 13,54%.
Goods are held in stock in a range of 50 dd.
The difference between the sales volume and
the resources used to realize it is about 1,16.
The employees costs represent the 13,80% of
the production costs.
Statistical
Detrimental Data
Statistically the trade activity shows
trifling crises.
The area is statistically considered
moderately risky.
In the region 13.782 protested subjects are
found; in the province they count to 1.048.
The insolvency index for the region is 0,30,
, while for the province it is 0,43.
Total Bankrupt companies in the province :
731.
Total Bankrupt companies in the region :
16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.24 |
|
|
1 |
Rs.98.67 |
|
Euro |
1 |
Rs.77.97 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.