MIRA INFORM REPORT
|
Report Date : |
30.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
UNIFOR S.P.A. |
|
|
|
|
Registered Office : |
Via Isonzo, 1, 22078 – Turate (CO) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
06.08.1974 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture of Furniture |
|
|
|
|
No. of Employees : |
From 176 to 200 |
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 |
Company
Name and address
UNIFOR S.P.A.
Via Isonzo, 1
22078 - Turate (CO) -IT-
Summary
|
Fiscal
Code |
: |
00387130131 |
|
Legal
Form |
: |
Joint
stock company |
|
start
of Activities |
: |
06/08/1974 |
|
Equity |
: |
Over
2.582.254 |
|
Turnover
Range |
: |
50.000.000/75.000.000 |
|
Number
of Employees |
: |
from
176 to 200 |
Activity
MANUFACTURE
OF FURNITURE
Legal Data
Legal
Form : Joint stock company
|
Fiscal
Code : 00387130131 |
|
Foreign
Trade Reg. no. : CO025106 since 18/02/1992 |
|
Chamber
of Commerce no. : 145175 of Como since 09/12/1974 |
|
Chamber
of Commerce no. : 1527780 of Monza e Brianza |
|
Chamber
of Commerce no. : 1527780 of Milano |
|
Chamber
of Commerce no. : 355492 of Napoli |
|
Chamber
of Commerce no. : 521178 of Roma |
|
Firms'
Register : CO075-9175 of Como since 19/02/1996 |
|
V.A.T.
Code : 00387130131 |
|
R.
E. C. no. : 21630 of Como |
|
Foundation
date |
:
06/02/1963 |
|
|
Establishment
date |
:
06/02/1963 |
|
|
Start
of Activities |
:
06/08/1974 |
|
|
Legal
duration |
:
31/12/2050 |
|
|
Nominal
Capital |
:
6.000.000 |
|
|
Subscribed
Capital |
:
6.000.000 |
|
|
Paid
up Capital |
:
6.000.000 |
Members
|
|
Molteni |
Maria
Angela |
|
|
Born
in Milano |
(MI) |
on
23/09/1957 |
-
Fiscal Code : MLTMNG57P63F205K |
|
|
Residence: |
Lecco |
,
29 |
-
20052 |
Monza |
(MB) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
15/05/2012 |
|
|
Marinelli |
Gianfranco |
|
|
Born
in Morbegno |
(SO) |
on
28/11/1943 |
-
Fiscal Code : MRNGFR43S28F712I |
|
|
Residence: |
Delle
Ginestre |
,
1 |
-
22070 |
Lurago
Marinone |
(CO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
General
Director |
05/09/1983 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Molteni |
Carlo |
|
|
Born
in Giussano |
(MB) |
on
03/03/1943 |
-
Fiscal Code : MLTCRL43C03E063C |
|
|
Residence: |
Privata
Del Ronco |
,
26 |
-
22060 |
Carimate |
(CO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Managing
Director |
15/05/2012 |
||
|
Director |
15/05/2012 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Molteni |
Piero |
|
|
Born
in Giussano |
(MB) |
on
12/05/1945 |
-
Fiscal Code : MLTPRI45E12E063R |
|
|
Residence: |
Visconti
Di Modrone Uberto |
,
38 |
-
20122 |
Milano |
(MI) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Managing
Director |
15/05/2012 |
||
|
Director |
15/05/2012 |
||
|
Board
Chairman |
15/05/2012 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Bronzino |
Marco |
|
|
Born
in Biassono |
(MB) |
on
01/01/1965 |
-
Fiscal Code : BRNMRC65A01A849U |
|
|
Residence: |
Vittorio
Veneto |
,
46 |
-
20853 |
Biassono |
(MB) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Auditor |
15/05/2012 |
|
|
Molteni |
Pietro
Guido |
|
|
Born
in Milano |
(MI) |
on
05/04/1980 |
-
Fiscal Code : MLTPRG80D05F205E |
|
|
Residence: |
Brera |
,
9 |
-
20100 |
Milano |
(MI) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
15/05/2012 |
|
|
Vangelista |
Doriano |
|
|
Born
in Gallarate |
(VA) |
on
17/05/1956 |
-
Fiscal Code : VNGDRN56E17D869B |
|
|
Residence: |
Rossini |
,
1 |
-
21040 |
Jerago
Con Orago |
(VA) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Procurator |
30/04/2009 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Picchio |
Cesare |
|
|
Born
in Busto Arsizio |
(VA) |
on
07/11/1967 |
-
Fiscal Code : PCCCSR67S07B300X |
|
|
Residence: |
Podgora |
,
10 |
-
20057 |
Vedano
Al Lambro |
(MI) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Procurator |
28/06/2012 |
||
|
Technical
Manager |
01/07/2012 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Molteni
S.p.a. |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|
|
No
Prejudicial events are reported |
|
|
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.
|
|
Molteni |
Carlo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Molteni
E C.- S.p.a. |
Giussano
(MB) - IT - |
00809720154 |
Director |
Active |
Registered |
|
Molteni
E C.- S.p.a. |
Giussano
(MB) - IT - |
00809720154 |
Managing
Director |
Active |
Registered |
|
Molteni
E C.- S.p.a. |
Giussano
(MB) - IT - |
00809720154 |
Board
Chairman |
Active |
Registered |
|
Dada
S.p.a. |
Mesero
(MI) - IT - |
00791170152 |
Director |
Active |
Registered |
|
Dada
S.p.a. |
Mesero
(MI) - IT - |
00791170152 |
Board
Chairman |
Active |
Registered |
|
S.p.a.
Citterio |
Sirone
(CO) - IT - |
00221440134 |
Chairman |
Withdrawn |
Ceased |
|
Citterio
S.p.a. |
Milano
(MI) - IT - |
09754660158 |
Director |
Active |
Registered |
|
Mobilrama
S.p.a. |
Milano
(MI) - IT - |
00492510581 |
Director |
Active |
Registered |
|
Mobilrama
S.p.a. |
Milano
(MI) - IT - |
00492510581 |
Board
Chairman |
Active |
Registered |
|
Molteni
S.p.a. |
Milano
(MI) - IT - |
05856280150 |
Director |
Active |
Registered |
|
Molteni
S.p.a. |
Milano
(MI) - IT - |
05856280150 |
Board
Chairman |
Active |
Registered |
|
Iscon
S.a.s. Di Giuseppina Ballabio E C. |
Carate
Brianza (MB) - IT - |
01556520151 |
Limited
Partner |
Withdrawn |
Ceased |
|
S.martino
S.a.s. Di Dr. Luigi Molteni EC. |
Milano
(MI) - IT - |
01338650151 |
Limited
Partner |
Withdrawn |
Ceased |
|
Mobilrama
Societa' Per Azioni |
Milano
(MI) - IT - |
Managing
Director |
Active |
Registered |
|
|
I.m.a.
Srl |
Milano
(MI) - IT - |
01551810151 |
Sole
Director |
Withdrawn |
Ceased |
|
|
Molteni |
Piero |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Molteni
E C.- S.p.a. |
Giussano
(MB) - IT - |
00809720154 |
Director |
Active |
Registered |
|
Dada
S.p.a. |
Mesero
(MI) - IT - |
00791170152 |
Director |
Active |
Registered |
|
Citterio
S.p.a. |
Milano
(MI) - IT - |
09754660158 |
Director |
Active |
Registered |
|
Mobilrama
S.p.a. |
Milano
(MI) - IT - |
00492510581 |
Director |
Active |
Registered |
|
Mobilrama
S.p.a. |
Milano
(MI) - IT - |
00492510581 |
Managing
Director |
Active |
Registered |
|
Molteni
S.p.a. |
Milano
(MI) - IT - |
05856280150 |
Director |
Active |
Registered |
|
Molteni
S.p.a. |
Milano
(MI) - IT - |
05856280150 |
Managing
Director |
Active |
Registered |
|
Iscon
S.a.s. Di Giuseppina Ballabio E C. |
Carate
Brianza (MB) - IT - |
01556520151 |
Limited
Partner |
Withdrawn |
Ceased |
|
NUO.VAL
S.R.L. |
Milano
(MI) - IT - |
01327800155 |
Sole
Director |
Withdrawn |
Registered |
|
S.martino
S.a.s. Di Dr. Luigi Molteni EC. |
Milano
(MI) - IT - |
01338650151 |
Limited
Partner |
Withdrawn |
Ceased |
|
Mobilrama
Societa' Per Azioni |
Milano
(MI) - IT - |
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 |
|
Molteni
Maria Angela |
Monza
- IT - |
MLTMNG57P63F205K |
1
.Eur |
|
|
Molteni
Carlo |
Carimate
- IT - |
MLTCRL43C03E063C |
1
.Eur |
|
|
Molteni
Piero |
Milano
- IT - |
MLTPRI45E12E063R |
1
.Eur |
|
|
Molteni
Pietro Guido |
Milano
- IT - |
MLTPRG80D05F205E |
1
.Eur |
|
|
Molteni
S.p.a. |
05856280150 |
5.999.996
.Eur |
99,99 |
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 |
|
"GALILEO
FERRARIS" |
95066260134 |
Active |
Firm's location and structure
In
order to carry out its activities the firm uses the following locations:
|
- |
Legal
and operative seat |
|
Isonzo |
,
1 |
-
22078 |
-
Turate |
(CO) |
-
IT - |
|
TELEX |
:
333126 |
|
PHONE |
:
02967191 |
|
FAX |
:
96750859 |
|
FAX |
:
0296750399 |
|
- |
Branch |
(Representative
office) |
since
23/06/2011 |
|
Jumeirach
Lakes Tower |
,
PH2-V1 |
-
Doubai |
-
IT - |
|
- |
Branch |
(Branch
office) |
|
Comasina |
,
60 |
-
20050 |
-
Verano Brianza |
(MB) |
-
IT - |
|
- |
Branch |
(Warehouse) |
since
01/01/2010 |
|
Barzaghi |
,
2 |
-
20050 |
-
Verano Brianza |
(MB) |
-
IT - |
|
- |
Branch |
(Warehouse) |
since
05/07/2011 |
|
Legnano |
,
8 |
-
20034 |
-
Giussano |
(MB) |
-
IT - |
|
- |
Branch |
(Showroom) |
since
24/03/1989 |
|
Giacomo
Matteotti |
,
14 |
-
20100 |
-
Milano |
(MI) |
-
IT - |
|
Employees |
:
194 |
|
Assistants |
:
1 |
|
Fittings
and Equipment for a value of 6.490.000 |
Eur |
|
Stocks
for a value of 20.000.000 |
Eur |
|
Furniture
and fittings for a value of 100.000 |
Eur |
|
Vehicles
for a value of 480.000 |
Eur |
The
firm operates abroad as importer / exporter..
Import
represents the 1 % of the total purchases.
To
purchase foreign products the firm uses the following channels :
|
-
direct orders to foreign companies |
Export
trade is the 46 % of the global turnover.
Export
represents from 20% to 50% of the global turnover.
Products
abroad are placed by :
|
-
importers |
|
-
its own agents |
|
-
its own foreign branches |
Export
is mainly towards:
|
-
Italy |
|
-
Austria |
|
-
Belgium |
|
-
France |
|
-
Greece |
|
-
Hungary |
Historical Information and/or Firm's Status
EX-MEMBERS
/ EX-POSITIONS:
|
|
Ballabio |
Giuseppina |
|
|
Born
in Giussano |
(MB) |
on
13/10/1917 |
-
Fiscal Code : BLLGPP17R53E063G |
|
|
Residence: |
Rossini |
,
44 |
-
20034 |
Giussano |
(MB) |
-
IT - |
|
Ex-Postions |
|
Chairman |
|
Board
Chairman |
|
|
Molteni |
Piero |
|
|
Born
in Giussano |
(MB) |
on
12/05/1945 |
-
Fiscal Code : MLTPRI45E12E063R |
|
|
Residence: |
Visconti
Di Modrone Uberto |
,
38 |
-
20122 |
Milano |
(MI) |
-
IT - |
|
Ex-Postions |
|
Managing
Director |
|
Technical
Manager |
|
|
Meregalli |
Gian
Piero |
|
Ex-Postions |
|
Chairman
of the Board of Aud. |
|
|
Bronzino |
Marco |
|
|
Born
in Biassono |
(MB) |
on
01/01/1965 |
-
Fiscal Code : BRNMRC65A01A849U |
|
|
Residence: |
Vittorio
Veneto |
,
46 |
-
20853 |
Biassono |
(MB) |
-
IT - |
|
Ex-Postions |
|
Permanent
Auditor |
|
|
Candela |
Christian |
|
|
Born
in Milano |
(MI) |
on
23/11/1975 |
-
Fiscal Code : CNDCRS75S23F205P |
|
|
Residence: |
San
Vittore |
,
45 |
-
20123 |
Milano |
(MI) |
-
IT - |
|
Ex-Postions |
|
Permanent
Auditor |
|
|
Candela |
Claudia |
|
|
Born
in Milano |
(MI) |
on
01/02/1977 |
-
Fiscal Code : CNDCLD77B41F205H |
|
|
Residence: |
San
Vittore |
,
45 |
-
20100 |
Milano |
(MI) |
-
IT - |
|
Ex-Postions |
|
Temporary
Auditor |
|
|
Molteni
S.p.a. |
|
-
Fiscal Code : 05856280150 |
|
Ex-Postions |
|
Partner |
|
|
Colombo |
Maria
Carla |
|
|
Born
in BUSTO ARSIZIO |
(VA) |
on
24/07/1930 |
-
Fiscal Code : CLMMCR30L64B300Z |
|
|
Residence: |
MARONCELLI
PIETRO |
,
17 |
-
20100 |
Milano |
(MI) |
-
IT - |
|
Ex-Postions |
|
Temporary
Auditor |
|
|
Tagliabue |
Maria
Carla |
|
|
Born
in COMO |
(CO) |
on
19/05/1943 |
-
Fiscal Code : TGLMCR43E59C933I |
|
|
Residence: |
San
Vittore |
,
45 |
-
20100 |
Milano |
(MI) |
-
IT - |
|
Ex-Postions |
|
Permanent
Auditor |
|
|
Grasso |
Aldo |
|
|
Born
in Seregno |
(MB) |
on
19/11/1958 |
-
Fiscal Code : GRSLDA58S19I625Z |
|
|
Residence: |
Bosco
Pascoli |
,
16 |
-
20841 |
Carate
Brianza |
(MB) |
-
IT - |
|
Ex-Postions |
|
Temporary
Auditor |
|
|
Maroni |
Diego |
|
|
Born
in Milano |
(MI) |
on
20/10/1961 |
-
Fiscal Code : MRNDGI61R20F205B |
|
|
Residence: |
Maroncelli
Pietro |
,
17 |
-
20154 |
Milano |
(MI) |
-
IT - |
|
Ex-Postions |
|
Auditor |
|
|
Molteni |
Carlo |
|
|
Born
in Giussano |
(MB) |
on
03/03/1943 |
-
Fiscal Code : MLTCRL43C03E063C |
|
|
Residence: |
Del
Ronco |
,
26 |
-
22060 |
Carimate |
(CO) |
-
IT - |
|
Ex-Postions |
|
Managing
Director |
|
|
Molteni |
Luigi |
|
|
Born
in Giussano |
(MB) |
on
13/05/1947 |
-
Fiscal Code : MLTLGU47E13E063K |
|
|
Fiscal
residence: |
-
20100 |
Milano |
(MI) |
-
IT - |
|
Ex-Postions |
|
Director |
|
|
Ballabio |
Giuseppina |
|
|
Born
in GIUSSANO |
(MB) |
on
13/10/1917 |
-
Fiscal Code : BLLGPP17R53E063G |
|
|
Residence: |
ROSSINI |
,
44 |
-
20034 |
Giussano |
(MB) |
-
IT - |
|
Ex-Postions |
|
Board
Chairman |
|
|
Meregalli |
Giampiero |
|
|
Born
in CARATE BRIANZA |
(MB) |
on
14/04/1930 |
-
Fiscal Code : MRGGPR30D14B729L |
|
|
Residence: |
VIGANO |
,
4 |
-
20048 |
Carate
Brianza |
(MB) |
-
IT - |
|
Ex-Postions |
|
Chairman
of the Board of Aud. |
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 1974.
The
economic-financial analysis has been made on the base of the b/s of the latests
three years.
During
the last years, it achieved profits (r.o.e. 5,08% on 2013) with a stable trend
in the turnover.
The
operating result in 2013 was positive (1,57%) falling within the field's
average.
The
amount of the operating result for the year 2013 is of Eur. 1.344.768 showing
an upward trend more then 100% compared to the previous financial year.
A
gross operating margine for a value of Eur. 4.515.043 was reached. showing a
63,96% growth.
The
financial status of the company is fairly balanced with an indebtedness level of
1,62 even though on the increase if compared to 2012.
The
management generated equity capital for an amount of Eur. 29.420.671 ,
unchanged if compared to 2012.
During
the last financial year debts totalled Eur. 53.042.542 (Eur. 2.720.414 of which
were m/l term debts) , rising as opposed to the previous year (+38,08%).
The
recourse to financial credit is within the limits; on the other hand the
recourse to suppliers' credit is rated as fairly high besides being higher than
sector's average.
The
liquidity level is not completely good.
Trade
credits are collected slowly, average term is 105,27 days. but in line with the
sector.
The
financial management generated a cash flow of Eur. 4.665.780.
In
the last financial year labour cost was of Eur. 9.819.575, with a 18,24%
incidence on total costs of production. , whereas the incidence of such costs
on sales revenues is equal to 18,3%.
The
financial charges are lower than the financial incomes.
Financial
Data
|
|
Complete
balance-sheet for the year |
al
31/12/2013 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
53.646.536 |
|
Profit
(Loss) for the period |
1.495.505 |
|
|
Complete
balance-sheet for the year |
al
31/12/2012 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
53.602.425 |
|
Profit
(Loss) for the period |
2.715.013 |
|
|
Complete
balance-sheet for the year |
al
31/12/2011 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
66.844.708 |
|
Profit
(Loss) for the period |
676.408 |
|
|
Complete
balance-sheet for the year |
al
31/12/2010 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
56.027.820 |
|
Profit
(Loss) for the period |
943.315 |
|
|
Complete
balance-sheet for the year |
al
31/12/2009 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
57.608.874 |
|
Profit
(Loss) for the period |
629.885 |
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 |
|
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|
|
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 |
0,45 |
0,49 |
0,48 |
0,25 |
|
Elasticity
Ratio |
Units |
0,55 |
0,50 |
0,52 |
0,72 |
|
Availability
of stock |
Units |
0,23 |
0,24 |
0,27 |
0,20 |
|
Total
Liquidity Ratio |
Units |
0,31 |
0,26 |
0,26 |
0,45 |
|
Quick
Ratio |
Units |
0,03 |
0,03 |
0,04 |
0,02 |
|
COMPOSITION
ON SOURCE |
|||||
|
Net
Short-term indebtedness |
Units |
1,62 |
1,15 |
1,19 |
2,92 |
|
Self
Financing Ratio |
Units |
0,34 |
0,40 |
0,40 |
0,19 |
|
Capital
protection Ratio |
Units |
0,75 |
0,69 |
0,74 |
0,71 |
|
Liabilities
consolidation quotient |
Units |
0,12 |
0,19 |
0,15 |
0,22 |
|
Financing |
Units |
1,80 |
1,36 |
1,35 |
3,80 |
|
Permanent
Indebtedness Ratio |
Units |
0,41 |
0,50 |
0,48 |
0,38 |
|
M/L
term Debts Ratio |
Units |
0,07 |
0,10 |
0,08 |
0,12 |
|
Net
Financial Indebtedness Ratio |
Units |
0,90 |
0,63 |
0,43 |
0,97 |
|
CORRELATION |
|||||
|
Fixed
assets ratio |
Units |
0,92 |
1,01 |
1,01 |
1,26 |
|
Current
ratio |
Units |
0,93 |
1,01 |
1,01 |
1,13 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
0,54 |
0,53 |
0,49 |
0,75 |
|
Structure's
primary quotient |
Units |
0,76 |
0,82 |
0,85 |
0,76 |
|
Treasury's
primary quotient |
Units |
0,05 |
0,07 |
0,08 |
0,04 |
|
Rate
of indebtedness ( Leverage ) |
% |
291,82 |
249,12 |
247,52 |
515,14 |
|
Current
Capital ( net ) |
Value |
-3.396.205 |
472.761 |
211.846 |
177.926 |
|
RETURN |
|||||
|
Return
on Sales |
% |
8,70 |
9,64 |
4,33 |
2,74 |
|
Return
on Equity - Net- ( R.O.E. ) |
% |
5,08 |
9,62 |
2,62 |
1,67 |
|
Return
on Equity - Gross - ( R.O.E. ) |
% |
6,84 |
10,36 |
4,53 |
8,36 |
|
Return
on Investment ( R.O.I. ) |
% |
1,57 |
0,43 |
1,19 |
3,41 |
|
Return/
Sales |
% |
2,51 |
0,56 |
1,14 |
3,12 |
|
Extra
Management revenues/charges incid. |
% |
111,21 |
901,94 |
89,03 |
15,78 |
|
Cash
Flow |
Value |
4.665.780 |
5.167.701 |
2.894.415 |
76.501 |
|
Operating
Profit |
Value |
1.344.768 |
301.018 |
759.749 |
88.970 |
|
Gross
Operating Margin |
Value |
4.515.043 |
2.753.706 |
2.977.756 |
173.361 |
|
MANAGEMENT |
|||||
|
Credits
to clients average term |
Days |
105,27 |
54,54 |
62,27 |
100,31 |
|
Debts
to suppliers average term |
Days |
155,19 |
137,25 |
120,66 |
115,26 |
|
Average
stock waiting period |
Days |
134,19 |
113,42 |
91,43 |
67,16 |
|
Rate
of capital employed return ( Turnover ) |
Units |
0,62 |
0,76 |
1,05 |
1,08 |
|
Rate
of stock return |
Units |
2,68 |
3,17 |
3,94 |
5,32 |
|
Labour
cost incidence |
% |
18,30 |
18,40 |
15,20 |
17,27 |
|
Net
financial revenues/ charges incidence |
% |
1,24 |
4,82 |
0,61 |
-1,88 |
|
Labour
cost on purchasing expenses |
% |
18,24 |
18,51 |
15,17 |
16,89 |
|
Short-term
financing charges |
% |
1,19 |
1,67 |
1,05 |
3,16 |
|
Capital
on hand |
% |
160,04 |
131,18 |
95,57 |
92,21 |
|
Sales
pro employee |
Value |
175.315 |
174.033 |
348.149 |
183.224 |
|
Labour
cost pro employee |
Value |
32.090 |
32.022 |
52.911 |
32.179 |
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 |
: |
|
Statistical
Detrimental Data
Statistically
the trade activity passes through serious crises.
The
area is statistically considered moderately risky.
In
the region 50.886 protested subjects are found; in the province they count to
3.842.
The
insolvency index for the region is 0,55, , while for the province it is 0,70.
Total
Bankrupt companies in the province : 2.010.
Total
Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.32 |
|
|
1 |
Rs.99.00 |
|
Euro |
1 |
Rs.78.14 |
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.