|
Report Date : |
01.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
TMC ITALIA S.P.A. |
|
|
|
|
Registered Office : |
Via Pietro Paleocapa, 1 20121 Milano (MI) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
24.07.2001 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
LINE OF BUSINESS : |
MANUFACTURE OF ELECTRIC MOTORS, GENERATORS AND
TRANSFORMERS. |
|
|
|
|
No. of Employees |
From 131 to 150 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow but correct |
|
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 |
TMC ITALIA S.P.A.
Via Pietro Paleocapa, 1
20121 - Milano (MI) -IT-
|
Fiscal Code |
: |
02660610128 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
24/07/2001 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
35.000.000/50.000.000 |
|
Number of Employees |
: |
from 131 to 150 |
|
Group |
: |
CRV FINANCE SA |
Manufacture of electric motors, generators and transformers
Legal Form : Joint stock company
|
Fiscal Code : 02660610128 |
|
Foreign Trade Reg. no. : VA052475 since 13/11/2001 |
|
Foreign Trade Reg. no. : 052475 of Varese since 13/11/2001 |
|
Chamber of Commerce no. : 132963 of Arezzo |
|
Chamber of Commerce no. : 1658632 of Milano |
|
Chamber of Commerce no. : 275460 of Varese since 01/06/2001 |
|
Firms' Register : VA-2001-25985 of Varese since 01/06/2001 |
|
V.A.T. Code : 02660610128 |
|
Establishment date |
: 25/05/2001 |
|
|
Start of Activities |
: 24/07/2001 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 8.000.000 |
|
|
Subscribed Capital |
: 8.000.000 |
|
|
Paid up Capital |
: 8.000.000 |
|
|
Colfer-fin S.r.l. |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
The C. Vaccari Trust |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Pisaroni |
Angelo |
|
|
Born in Villanova sull'Arda |
(PC) |
on 13/02/1955 |
- Fiscal Code : PSRNGL55B13L980F |
|
|
Residence: |
|
Repubblica |
, 58 |
- 29010 |
Villanova sull'Arda |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
24/09/2013 |
|
|
|
Colombo |
Luca |
|
|
Born in Legnano |
(MI) |
on 03/05/1957 |
- Fiscal Code : CLMLCU57E03E514D |
|
|
Residence: |
|
Damiano Chiesa |
, 13 |
- 21053 |
Castellanza |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
25/07/2014 |
|
|
|
Director |
25/07/2014 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Mondello |
Carmelo |
|
|
Born in Pace del Mela |
(ME) |
on 17/10/1955 |
- Fiscal Code : MNDCML55R17G209P |
|
|
Residence: |
|
Tibaldo Francesco |
, 47 |
- 10071 |
Borgaro Torinese |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
05/08/2013 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Borroni |
Giancarlo |
|
|
Born in Busto Arsizio |
(VA) |
on 04/05/1961 |
- Fiscal Code : BRRGCR61E04B300S |
|
|
Residence: |
|
Trieste |
, 1/A |
- 21053 |
Castellanza |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
19/04/2011 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Lapetina |
David |
|
|
Born in Verbania |
(NO) |
on 18/11/1971 |
- Fiscal Code : LPTDVD71S18L746Q |
|
|
Residence: |
|
Partigiani |
, 23 |
- 28041 |
Arona |
(NO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
19/04/2011 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Castino |
Luigi |
|
|
Born in Torino |
(TO) |
on 30/03/1942 |
- Fiscal Code : CSTLGU42C30L219L |
|
|
Residence: |
|
Piemonte |
, 2/6 |
- 10048 |
Vinovo |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
01/08/2013 |
|
|
|
General Director |
01/06/2013 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Colombo |
Luisa |
|
|
Born in Legnano |
(MI) |
on 10/04/1959 |
- Fiscal Code : CLMLSU59D50E514J |
|
|
Residence: |
|
Italia |
, 61 |
- 21053 |
Castellanza |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
17/04/2013 |
|
|
|
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.
|
Colombo |
Luca |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Zucchini S.p.a. |
Brescia (BS) - IT - |
01156600171 |
Director |
Withdrawn |
Merged |
|
Immobiliare Di Marnate S.p.a. |
Marnate (VA) - IT - |
01927910123 |
Director |
Withdrawn |
Ceased |
|
Elettromeccanica Di Marnate S.p.a. |
Marnate (VA) - IT - |
02229710120 |
Director |
Withdrawn |
Ceased |
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 |
|
Colfer-fin S.r.l. |
|
02473620132 |
5.326.900 .Eur |
66,58 |
|
The C. Vaccari Trust |
|
91059530120 |
2.543.100 .Eur |
31,78 |
|
Transformers Manifacturing Company Pty L td |
|
91033870121 |
130.000 .Eur |
1,62 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
TMC SUDAMERICA SA |
Jauregui, Buenos Aires - AR - |
|
|
90,00 |
|
|
Active |
|
TRANSFORMERS MANUFACTURING COMPANY ESPANA SA |
Artea Vizkaya - ES - |
|
|
85,00 |
|
|
Active |
In order to carry out its activities the firm uses the following locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
|
Dell'industria |
, 65 |
- 21052 |
- Busto Arsizio |
(VA) |
- IT - |
|
|
|
|
PHONE |
: 0331356080 |
|
|
|
|
FAX |
: 0331307383 |
|
- |
Forwarding office |
|
|
|
|
|
|
|
Sempione |
, 13 |
- 21013 |
- Gallarate |
(VA) |
- IT - |
|
- |
Branch |
(Factory) |
since 20/01/2009 |
until 04/09/2009 |
|
|
|
|
|
|
Dell'industria |
- 21052 |
- Busto Arsizio |
(VA) |
- IT - |
|
- |
Branch |
|
|
|
|
|
|
|
|
|
|
Employees |
: 147 |
|
|
|
|
Assistants |
: 3 |
|
Fittings and Equipment for a value of 8.790.000 |
Eur |
|
Stocks for a value of 4.810.000 |
Eur |
Trade organization: direct or by agents.
Sales are mainly addressed to Northern Italy
|
|
Import comes generally from the following nations:
|
- Germany |
EX-MEMBERS / EX-POSITIONS:
|
Colombo |
Luca |
|
|
Born in Legnano |
(MI) |
on 03/05/1957 |
- Fiscal Code : CLMLCU57E03E514D |
|
|
Residence: |
|
Damiano Chiesa |
, 13 |
- 21053 |
Castellanza |
(VA) |
- IT - |
|
Ex-Postions |
|
Director |
|
Colombo |
Luisa |
|
|
Born in Legnano |
(MI) |
on 10/04/1959 |
- Fiscal Code : CLMLSU59D50E514J |
|
|
Residence: |
|
Italia |
, 61 |
- 21053 |
Castellanza |
(VA) |
- IT - |
|
Ex-Postions |
|
Director |
|
Colombo |
Andrea Giorgio |
|
|
Born in Legnano |
(MI) |
on 14/10/1960 |
- Fiscal Code : CLMNRG60R14E514R |
|
|
Residence: |
|
Italia |
, 61 |
- 21053 |
Castellanza |
(VA) |
- IT - |
|
Ex-Postions |
|
Director |
|
Board Chairman |
|
Bassoli |
Alberto |
|
|
Born in Lecco |
(CO) |
on 25/01/1967 |
- Fiscal Code : BSSLRT67A25E507K |
|
|
Residence: |
|
Carducci Giosue' |
, N. 4 |
- 23807 |
Merate |
(LC) |
- IT - |
|
Ex-Postions |
|
Director |
|
Battaini |
Francesca |
|
|
Born in Gallarate |
(VA) |
on 06/01/1980 |
- Fiscal Code : BTTFNC80A46D869S |
|
|
Residence: |
|
San Rocco 23 |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Ziemacki |
Giorgio |
|
|
Born in Recanati |
(MC) |
on 21/12/1954 |
- Fiscal Code : ZMCGRG54T21H211C |
|
|
Residence: |
|
Battistotti Sassi Luisa |
, SNC |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Lapetina |
David |
|
|
Born in Verbania |
(NO) |
on 18/11/1971 |
- Fiscal Code : LPTDVD71S18L746Q |
|
|
Residence: |
|
Partigiani |
, 23 |
- 28041 |
Arona |
(NO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Paganini |
Fabrizio |
|
|
Born in Castellanza |
(VA) |
on 27/06/1966 |
- Fiscal Code : PGNFRZ66H27C139U |
|
|
Residence: |
|
Togliatti |
, 107 |
- 21047 |
Saronno |
(VA) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Bandera |
Anna |
|
|
Born in Busto Arsizio |
(VA) |
on 12/12/1986 |
- Fiscal Code : BNDNNA86T52B300H |
|
|
Residence: |
|
Italia |
, N. 61 |
- 21053 |
Castellanza |
(VA) |
- IT - |
|
Ex-Postions |
|
Director |
|
Brown |
Jeffrey Ross |
|
|
Born in Melbourne |
( ) |
on 04/11/1969 |
- Fiscal Code : BRWJFR69S04Z700K |
|
|
Residence: |
|
Dell'industria |
, 65 |
- 21052 |
Busto Arsizio |
(VA) |
- IT - |
|
Ex-Postions |
|
Director |
|
Colombo |
Anna Maria |
|
|
Born in Gallarate |
(VA) |
on 25/07/1959 |
- Fiscal Code : CLMNMR59L65D869U |
|
|
Residence: |
|
Volta |
, 26 |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Director |
|
Vaccari |
Carlo |
|
|
Born in Launceston, Tas |
( ) |
on 26/09/1946 |
- Fiscal Code : VCCCRL46P26Z700M |
|
|
Residence: |
Merton Street |
, 9A |
- 3206 |
Albert Park, VIC |
- AU - |
|
Ex-Postions |
|
Director |
|
Vice-Chairman |
|
Pellegatti |
Marco |
|
|
Born in Gallarate |
(VA) |
on 21/05/1975 |
- Fiscal Code : PLLMRC75E21D869S |
|
|
Residence: |
|
Marzabotto |
, 20/3 |
- 21010 |
Ferno |
(VA) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Battaini |
Novella |
|
|
Born in Gallarate |
(VA) |
on 16/07/1974 |
- Fiscal Code : BTTNLL74L56D869Z |
|
|
Residence: |
|
Fanti 6 |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Baccani |
Giovanni |
|
|
Born in San Giovanni Valdarno |
(AR) |
on 25/12/1951 |
- Fiscal Code : BCCGNN51T25H901N |
|
|
Residence: |
|
Spartaco Lavagnini |
, 40 |
- 52027 |
San Giovanni Valdarno |
(AR) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Beia |
Sergio |
|
|
Born in Gallarate |
(VA) |
on 03/02/1965 |
- Fiscal Code : BEISRG65B03D869B |
|
|
Residence: |
|
Del San Gottardo |
, 6 |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Director |
|
Procurator |
|
Russo |
Fabio |
|
|
Born in Gallarate |
(VA) |
on 16/06/1964 |
- Fiscal Code : RSSFBA64H16D869O |
|
|
Residence: |
|
Parini |
, 22 |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Temporary Auditor |
|
Zibetti |
Adele |
|
|
Born in Gallarate |
(VA) |
on 24/09/1948 |
- Fiscal Code : ZBTDLA48P64D869Z |
|
|
Residence: |
|
Parini |
, 1 |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Pozza |
Maria Rita |
|
|
Born in Cologno Monzese |
(MI) |
on 01/07/1949 |
- Fiscal Code : PZZMRT49L41C895D |
|
|
Residence: |
|
Acquedotto |
, 73 |
- 21017 |
Samarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Permanent Auditor |
|
BALZARINI |
LIA |
|
|
Born in GALLARATE |
(VA) |
on 16/10/1957 |
- Fiscal Code : BLZLIA57R56D869F |
|
|
Residence: |
|
SAN ROCCO |
, 9 |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Battaini |
Ferruccio |
|
|
Born in Castiglione Olona |
(VA) |
on 22/07/1949 |
- Fiscal Code : BTTFRC49L22C300J |
|
|
Residence: |
|
Sempione |
, 15/A |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
Vaccari |
Carlo |
|
|
Born in Laucenston |
( ) |
on 26/09/1946 |
- Fiscal Code : VCCCRL46P26Z007M |
|
|
Residence: |
|
Sempione 13 |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Beia |
Sergio |
|
|
Born in Gallarate |
(VA) |
on 03/02/1965 |
- Fiscal Code : BEISRG65B03D869B |
|
|
Residence: |
|
Passo Del San Gottardo N.6 |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Director |
|
Colombo |
Fernando |
|
|
Born in Legnano |
(MI) |
on 19/03/1926 |
- Fiscal Code : CLMFNN26C19E514H |
|
|
Residence: |
|
Trento Trieste |
, 15 |
- 21053 |
Castellanza |
(VA) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Managing Director |
|
Director |
|
Board Chairman |
|
Honorary President |
|
Baccani |
Giovanni |
|
|
Born in San Giovanni Valdarno |
(AR) |
on 25/12/1951 |
- Fiscal Code : BCCGNN51T25H901N |
|
|
Residence: |
|
Spartaco Lavagnini |
, 40 |
- 52027 |
San Giovanni Valdarno |
(AR) |
- IT - |
|
Ex-Postions |
|
Managing Director |
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 company is active since 2001
The analysis is based on the latest 3 balance sheets.
In the economic management , good and bad results followed on by turns. with a loss in the last financial year. Business volume is falling in the last financial year.
The return on investment in the last financial year was negative (-0,85%).
The operating loss is equal to Eur. -468.592.
During the latest financial year the gross operating margin amounted to Eur. 1.862.946 showing a drop (-25,11%).
The financial status of the company is fairly balanced with an indebtedness level of 1,98 but with an increase as against the previous accounting period.
With regard to equity capital, an amount of Eur. 12.017.560 is registered. with a -20,74% fall.
In the year 2012 total debts amounted to Eur. 39.506.421 , a more or less stable value.
Both financial indebtedness as well as exsposure to suplliers are rated as fairly high but lined up with the field's average.
Liquidity is however good.
Credits are collected in 56,13 days on the average. , a better value than the sector's average.
Managerial cash flow has a minus sign and is equal to Eur. -988.048.
Labour cost amounts to Eur. 6.911.011, with a 17,37% incidence on production costs. , with a 19,17% incidence on turnover.
Finacial chareges are high: the incidence on sales volume amounts to -3,17%
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
36.060.566 |
|
Profit (Loss) for the period |
-3.145.580 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
38.833.944 |
|
Profit (Loss) for the period |
237.901 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
36.358.955 |
|
Profit (Loss) for the period |
34.821 |
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
35.275.692 |
|
Profit (Loss) for the period |
-894.033 |
|
|
Complete balance-sheet for the year |
al 31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
58.022.367 |
|
Profit (Loss) for the period |
2.373.377 |
From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1 |
|
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|
|
RATIOS |
Value Type |
as at 31/12/2012 |
as at 31/12/2011 |
as at 31/12/2010 |
Sector Average |
|
COMPOSITION ON INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,49 |
0,45 |
0,48 |
0,18 |
|
Elasticity Ratio |
Units |
0,50 |
0,54 |
0,51 |
0,78 |
|
Availability of stock |
Units |
0,09 |
0,08 |
0,11 |
0,23 |
|
Total Liquidity Ratio |
Units |
0,42 |
0,46 |
0,40 |
0,50 |
|
Quick Ratio |
Units |
0,01 |
0,02 |
0,01 |
0,03 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
1,98 |
1,48 |
2,01 |
2,78 |
|
Self Financing Ratio |
Units |
0,22 |
0,27 |
0,23 |
0,22 |
|
Capital protection Ratio |
Units |
0,60 |
0,46 |
0,45 |
0,48 |
|
Liabilities consolidation quotient |
Units |
0,64 |
0,63 |
0,63 |
0,17 |
|
Financing |
Units |
3,29 |
2,47 |
3,30 |
3,30 |
|
Permanent Indebtedness Ratio |
Units |
0,50 |
0,53 |
0,52 |
0,40 |
|
M/L term Debts Ratio |
Units |
0,28 |
0,26 |
0,30 |
0,09 |
|
Net Financial Indebtedness Ratio |
Units |
2,04 |
1,61 |
2,15 |
0,69 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,02 |
1,16 |
1,09 |
1,79 |
|
Current ratio |
Units |
1,14 |
1,30 |
1,10 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,94 |
1,12 |
0,86 |
0,80 |
|
Structure's primary quotient |
Units |
0,44 |
0,59 |
0,48 |
1,40 |
|
Treasury's primary quotient |
Units |
0,02 |
0,04 |
0,02 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
457,64 |
372,76 |
438,99 |
445,68 |
|
Current Capital ( net ) |
Value |
3.412.579 |
7.126.238 |
2.665.686 |
86.022 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
-2,74 |
4,52 |
5,16 |
2,66 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
-26,17 |
1,57 |
0,28 |
3,16 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
-19,53 |
0,17 |
2,44 |
7,02 |
|
Return on Investment ( R.O.I. ) |
% |
-0,85 |
1,67 |
2,20 |
2,87 |
|
Return/ Sales |
% |
-1,30 |
2,43 |
3,32 |
3,95 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
25,17 |
2,88 |
43,33 |
|
Cash Flow |
Value |
-988.048 |
1.756.667 |
1.876.442 |
36.837 |
|
Operating Profit |
Value |
-468.592 |
945.200 |
1.208.621 |
45.533 |
|
Gross Operating Margin |
Value |
1.862.946 |
2.487.597 |
3.207.577 |
76.896 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
56,13 |
81,30 |
108,62 |
118,46 |
|
Debts to suppliers average term |
Days |
153,51 |
127,07 |
150,50 |
135,44 |
|
Average stock waiting period |
Days |
48,01 |
39,74 |
61,83 |
65,94 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,66 |
0,69 |
0,66 |
0,94 |
|
Rate of stock return |
Units |
7,50 |
9,06 |
5,82 |
4,76 |
|
Labour cost incidence |
% |
19,17 |
19,37 |
19,17 |
17,89 |
|
Net financial revenues/ charges incidence |
% |
-3,17 |
4,89 |
-2,43 |
-1,68 |
|
Labour cost on purchasing expenses |
% |
17,37 |
18,84 |
18,27 |
15,64 |
|
Short-term financing charges |
% |
3,17 |
3,19 |
2,74 |
2,37 |
|
Capital on hand |
% |
152,51 |
145,55 |
151,23 |
106,28 |
|
Sales pro employee |
Value |
167.723 |
257.178 |
242.393 |
177.048 |
|
Labour cost pro employee |
Value |
32.144 |
49.819 |
46.472 |
33.022 |
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 |
: |
3.839.216 |
|
Population living in the region |
: |
9.393.092 |
|
Number of families in the region |
: |
3.858.736 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
460 |
|
- per non food products |
: |
2.090 |
|
- per energy consume |
: |
114 |
The values are calculated on a base of 32 significant companies.
The companies cash their credits on an average of 118 dd.
The average duration of suppliers debts is about 135 dd.
The sector's profitability is on an average of 2,66%.
The labour cost affects the turnover in the measure of 17,89%.
Goods are held in stock in a range of 66 dd.
The difference between the sales volume and the resources used to realize it is about 0,94.
The employees costs represent the 15,64% of the production costs.
Statistcally the trade activity shows periods of crisis.
The area is statistically considered lowly risky.
In the region 50.886 protested subjects are found; in the province they count to 24.765.
The insolvency index for the region is 0,55, , while for the province it is 0,66.
Total Bankrupt companies in the province : 22.523.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.48 |
|
|
1 |
Rs.100.35 |
|
Euro |
1 |
Rs.79.86 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIS |
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.