|
Report Date : |
03.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
SISTEMSKA TEHNIKA D.O.O. |
|
|
|
|
Registered Office : |
2390 Ravne na Koroškem, Koroška cesta 14 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
03.07.2002 |
|
|
|
|
Com. Reg. No.: |
10977900 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Manufacture of machinery for metallurgy, system software components,
rollers special equipment for the Army |
|
|
|
|
No. of Employees : |
214 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
||||
|
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 |
|||
|
Status : |
Moderate |
|
|||
|
Payment Behaviour : |
Slow |
|
|||
|
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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Slovenia |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 |
SISTEMSKA TEHNIKA d.o.o.
|
Your inquiry |
Name: |
SISTEMSKA TEHNIKA d.o.o.
|
||||||
|
|
Country: |
Slovenija |
||||||
|
|
Address: |
2390 Ravne na Koroškem, Koroška cesta 14 |
||||||
|
|
Telephone: |
02 870 76 03 |
||||||
|
|
Telefax: |
02 870 76 90 |
||||||
|
Legal form |
d.o.o. - Limited liability company (Ltd.) |
|
||||||
|
Established on |
03/07/2002 - d.o.o. - Limited liability company (Ltd.) |
|||||||
|
|
last entry on 13.6.2012 on 17.10.2007 company divided a part of the property and transfer it
to the company SISTEMSKA TEHNIKA ARMAS d.o.o., Ravne na Koroškem (on owners share SKUPINA VIATOR & VEKTOR d.d. is a lien registered
) |
|||||||
|
Registered on |
19/08/2002, Slovenj Gradec, Registration number: 10977900 Tax number: SI75949504 Company number: 1367439 |
|||||||
|
Registered capital |
|
EUR |
5.019.975,03 |
|
||||
|
|
on 13.06.2012 increase of capital for EUR 515.310,90 |
|||||||
|
Owner |
SKUPINA VIATOR & VEKTOR d.d. - v stečaju (Statistical number:
5107857) Cvetkova ulica 1, 1000 Ljubljana |
EUR |
4.504.664,13 |
|
||||
|
|
SISTEMSKA TEHNIKA ARMAS d.o.o. (Statistical number: 2321840) Koroška cesta 14, 2390 Ravne na Koroškem |
EUR |
515.310,90 |
|
||||
|
Manager |
Milan Švajger Brdinje 66, 2390 Ravne na Koroškem director |
|||||||
|
General data |
company activity: Manufacture of machinery for metallurgy, system software components,
rollers special equipment for the Army Headquarters and business premises are located on the address above |
|||||||
|
|
Main activity: Manufacture of machinery for metallurgy (NACE 2) |
(28.91) |
||||||
|
|
Export: Germany Italy Austria Croatia Serbia Hungary China Brasil USA USA Thailand Turkey Egypt Australia France Israel Sweden Mexico Sweden |
|
||||||
|
|
Import: Austria Germany Italy Czech Republic |
|
||||||
|
|
|
|||||||
|
|
Residence address: Koroška cesta 14, 2390 Ravne na Koroškem Phone: 02 870 76 03 Telefax: 02 870 76 90 E-Mail: info@st-ravne.si Web: www.st-ravne.si |
|||||||
|
|
|
|||||||
|
Employees |
2008 |
256 employees |
||||||
|
|
2009 |
258 employees |
||||||
|
|
2010 |
244 employees |
||||||
|
|
2011 |
222 employees |
||||||
|
|
2012 |
237 employees |
||||||
|
|
2013 |
241 employees |
||||||
|
|
2014 |
214 employees |
||||||
|
Annual turnover |
2008 |
Enterprise turnover |
EUR |
21.834.980,- |
|
|||
|
|
2009 |
Enterprise turnover |
EUR |
18.282.730,- |
|
|||
|
|
2010 |
Enterprise turnover |
EUR |
14.111.686,- |
|
|||
|
|
2011 |
Enterprise turnover |
EUR |
15.455.181,- |
|
|||
|
|
2012 |
Enterprise turnover |
EUR |
15.327.261,- |
|
|||
|
|
2013 |
Enterprise turnover |
EUR |
15.620.173,- |
|
|||
|
Property |
Company's property: Business premises SI-Ravne na Koroškem, Koroška cesta 14 Company's property: Land and buildings per 31.12.2013 SI-Ravne na Koroškem Book value: 9.510.594,- EUR (Official source) |
|||||||
|
Remarks |
full name of company: SISTEMSKA TEHNIKA podjetje za proizvodnjo namenskih proizvodov in
tehnološke strojne opreme d.o.o. The company is active from November 2002 and took over the activity
and employees from the company SŽ Stroji in tehnološka oprema d.o.o. The company should be monitored, high liabilities and loss |
|||||||
|
Interests |
Milan Švajger: |
|||||||
|
|
SISTEMSKA TEHNIKA ARMAS d.o.o. (Statistical number: 2321840) |
Manager |
|
|||||
|
|
SKUPINA VIATOR & VEKTOR d.d. - v stečaju (Statistical number:
5107857): |
|||||||
|
|
ALPETOUR, d.d. (Statistical number: 5097061) |
Head shareholders |
100% |
|||||
|
|
INTEGRAL STROJNA KOČEVJE d.o.o. (Statistical number: 5517010) |
Owner |
|
|||||
|
|
IZLETNIK CELJE d.d. (Statistical number: 5143233) |
Head shareholders |
91,49% |
|||||
|
|
PSC d.o.o. Tolmin (Statistical number: 5466164) |
Owner |
|
|||||
|
|
SISTEMSKA TEHNIKA ARMAS d.o.o. (Statistical number: 2321840) |
Owner |
|
|||||
|
|
TRANSAVTO POSTOJNA d.d. (Statistical number: 5143667) |
Head shareholders |
80,04% |
|||||
|
|
TT - Trgotehna, d.o.o. (Statistical number: 5781060) |
Owner |
|
|||||
|
|
VIATOR & VEKTOR - STORITVE d.o.o. (Statistical number: 5957737) |
Owner |
|
|||||
|
Bank relations |
NOVA KREDITNA BANKA MARIBOR d.d.: Central address: SI Ulica Vita Kraigherja 4, 2505 Maribor Account number: SI56 048700000887250 ABANKA VIPA d.d.: Central address: SI Slovenska cesta 58, 1517 Ljubljana Account number: SI56 051008010685997 |
|||||||
|
Company development |
Stagnat |
(40) |
||||||
|
Terms of payment |
Partly within agrees credit terms, partly within delays |
(42) |
||||||
|
Business connection |
Business connection appear premissable |
(31) |
||||||
|
A. The enclosed balance of 2013 is originated from official source, it
is not authenticated by the auditor. (31.12.2013 - 1 EUR) B. The enclosed balance of 2012 is originated from official source, it
is not authenticated by the auditor. (31.12.2012 - 1 EUR) C. The enclosed balance of 2011 is originated from official source, it
is not authenticated by the auditor. (31.12.2011 - 1 EUR) D. The enclosed balance of 2010 is the company's own report, it is not
authenticated by the auditor. (31.12.2010 - 1 EUR) |
|||||||||
|
balance |
A 31.12.2013 |
B 31.12.2012 |
C 31.12.2011 |
D 31.12.2010 |
|||||
|
ASSETS (AKTIVA) |
21.952.686 |
23.168.275 |
23.941.016 |
20.224.520 |
|||||
|
LONG-TERM ASSETS |
16.668.534 |
17.662.129 |
18.761.917 |
15.486.487 |
|||||
|
Intangible assets and long-term deferred costs and accrued revenues |
96.339 |
123.122 |
136.290 |
140.928 |
|||||
|
Intangible assets |
96.339 |
123.122 |
136.290 |
140.928 |
|||||
|
Long-term deferred costs and accrued revenues |
0 |
0 |
0 |
0 |
|||||
|
Tangible fixed assets |
16.068.486 |
17.129.623 |
18.193.686 |
15.217.855 |
|||||
|
Long-term financial investments and Real estate investments |
287.291 |
300.424 |
312.398 |
313 |
|||||
|
Investment property |
0 |
0 |
0 |
0 |
|||||
|
Long-term financial investments |
287.291 |
300.424 |
312.398 |
313 |
|||||
|
Long-term operating receivables |
0 |
0 |
0 |
0 |
|||||
|
Deferred receivables for taxes |
216.418 |
108.960 |
119.543 |
127.391 |
|||||
|
SHORT-TERM ASSETS |
5.237.158 |
5.431.396 |
5.164.609 |
4.738.033 |
|||||
|
Assets (group for estrange) for sell |
0 |
0 |
0 |
|
|||||
|
Inventories |
1.595.397 |
2.489.539 |
2.516.330 |
1.758.323 |
|||||
|
Short-term financial investments |
0 |
5.000 |
0 |
318.597 |
|||||
|
Short-term operating receivables |
3.632.968 |
2.926.056 |
2.647.987 |
2.654.324 |
|||||
|
Cash assets |
8.793 |
10.801 |
292 |
6.789 |
|||||
|
Short-term deferred costs and accrued revenues |
46.994 |
74.750 |
14.490 |
0 |
|||||
|
Off-balance sheet items |
846.615 |
25.664.254 |
26.138.504 |
20.038.314 |
|||||
|
LIABILITIES |
21.952.686 |
23.168.275 |
23.941.016 |
20.224.520 |
|||||
|
CAPITAL |
3.747.558 |
4.303.685 |
4.704.740 |
4.346.669 |
|||||
|
Called-up capital |
5.019.975 |
5.019.975 |
4.504.664 |
4.504.664 |
|||||
|
Basic (subscribed) capital |
5.019.975 |
5.019.975 |
4.504.664 |
4.504.664 |
|||||
|
Non called-up capital (deductive item) |
0 |
0 |
0 |
0 |
|||||
|
Capital reserves |
0 |
0 |
0 |
0 |
|||||
|
Reserves from profit |
66.557 |
66.557 |
66.557 |
66.557 |
|||||
|
Surplus from revaluation |
1.056.626 |
1.082.087 |
1.018.435 |
0 |
|||||
|
Retained net |
-18.764.934 |
-884.915 |
-224.552 |
613.541 |
|||||
|
Net business result for the business year |
-803.666 |
-980.019 |
-660.364 |
-838.093 |
|||||
|
PROVISIONS AND LONG-TERM ACCRUED COSTS AND DEFERRED
REVENUES |
1.731.090 |
1.675.480 |
1.650.510 |
1.171.830 |
|||||
|
FINANCIAL AND BUSINESS LIABILITIES |
16.606.474 |
16.696.261 |
17.471.079 |
14.688.357 |
|||||
|
LONG-TERM LIABILITIES |
10.129.005 |
10.053.048 |
11.101.969 |
6.526.493 |
|||||
|
Long-term financial liabilities |
9.912.587 |
9.862.091 |
10.824.269 |
6.439.159 |
|||||
|
Long-term operating liabilities |
0 |
0 |
23.091 |
87.334 |
|||||
|
Deferred liabilities for taxes |
216.418 |
190.957 |
254.609 |
0 |
|||||
|
SHORT-TERM LIABILITIES |
6.477.469 |
6.643.213 |
6.369.110 |
8.161.864 |
|||||
|
Liabilities, included in groups for estrange |
0 |
0 |
0 |
0 |
|||||
|
Short-term financial liabilities |
3.133.869 |
2.884.805 |
2.531.357 |
5.124.876 |
|||||
|
Short-term operating liabilities |
3.343.600 |
3.758.408 |
3.837.753 |
3.036.988 |
|||||
|
SHORT-TERM ACCRUED COSTS AND DEFERRED REVENUES |
140.564 |
492.849 |
114.687 |
17.664 |
|||||
|
Off-balance sheet items |
846.615 |
25.664.254 |
26.138.504 |
20.038.314 |
|||||
|
A. The enclosed profit and loss account of 2013 is originated from
official source, it is not authenticated by the auditor. (31.12.2013 - 1 EUR) B. The enclosed profit and loss account of 2012 is originated from
official source, it is not authenticated by the auditor. (31.12.2012 - 1 EUR) C. The enclosed profit and loss account of 2011 is originated from
official source, it is not authenticated by the auditor. (31.12.2011 - 1 EUR) D. The enclosed profit and loss account of 2010 is the company's own
report, it is not authenticated by the auditor. (31.12.2010 - 1 EUR) |
|||||||||
|
profit and loss account |
A 31.12.2013 |
B 31.12.2012 |
C 31.12.2011 |
D 31.12.2010 |
|||||
|
Net sales |
16.045.193 |
14.670.876 |
13.962.811 |
14.258.559 |
|||||
|
Changes in the value of inventories of products and
work-in-process |
-905.125 |
185.641 |
472.256 |
-933.252 |
|||||
|
Capitalised own products and own services |
0 |
99.061 |
191.752 |
42.702 |
|||||
|
Other operating revenues (with subventions, grants,...) |
244.422 |
112.143 |
593.136 |
509.942 |
|||||
|
GROSS OPERATING YIELD |
15.384.490 |
15.067.721 |
15.219.955 |
|
|||||
|
Cost of goods, material and services |
8.489.908 |
8.650.650 |
8.997.271 |
7.491.516 |
|||||
|
Purchase value of goods and materials sold and cost of material and
cost of material used |
6.387.981 |
6.226.387 |
6.402.436 |
|
|||||
|
Cost of services |
2.101.927 |
2.424.263 |
2.594.835 |
|
|||||
|
Labour cost |
5.931.309 |
5.682.106 |
5.280.182 |
5.632.824 |
|||||
|
Cost of wages |
4.345.440 |
4.308.687 |
3.910.528 |
4.113.596 |
|||||
|
Cost of pension insurance |
87.326 |
83.368 |
76.854 |
84.445 |
|||||
|
Cost of other social insurance |
712.293 |
703.244 |
637.443 |
672.093 |
|||||
|
Other labour cost |
786.250 |
586.807 |
655.357 |
762.690 |
|||||
|
Write-offs |
1.131.159 |
1.182.026 |
1.048.673 |
1.270.244 |
|||||
|
Depreciation |
1.103.680 |
1.180.385 |
1.046.314 |
1.011.219 |
|||||
|
Revaluation operating expenses for non-tangible assets and tangible
fixed assets |
8.437 |
432 |
2.097 |
84.604 |
|||||
|
Revaluation operating expenses for current assets |
19.042 |
1.209 |
262 |
174.421 |
|||||
|
Other operating expenses |
385.636 |
247.485 |
250.501 |
144.133 |
|||||
|
OPERATING REVENUES |
16.289.615 |
14.882.080 |
14.747.699 |
|
|||||
|
OPERATING EXPENSES |
15.938.012 |
15.762.267 |
15.576.627 |
|
|||||
|
OPERATING RESULT |
351.603 |
-880.187 |
-828.928 |
-660.766 |
|||||
|
EBIT |
-553.522 |
-694.546 |
-356.672 |
-660.766 |
|||||
|
Financial income from investments in other enterprises |
26 |
259 |
0 |
0 |
|||||
|
Financial income from loans |
6.708 |
7.167 |
18.344 |
11.848 |
|||||
|
Financial income from operating receivables |
0 |
0 |
329 |
18 |
|||||
|
Financial expenses from depreciation and write-offs of financial
investments |
0 |
0 |
0 |
0 |
|||||
|
Financial expenses from financial liabilities |
548.857 |
518.168 |
525.233 |
349.309 |
|||||
|
Financial expenses from operating liabilities |
9.518 |
3.402 |
155 |
18.520 |
|||||
|
Financial income |
6.734 |
7.426 |
18.673 |
11.866 |
|||||
|
Financial expenses |
558.375 |
521.570 |
525.388 |
367.829 |
|||||
|
Other revenues |
228.949 |
252.114 |
216.553 |
221.869 |
|||||
|
Other expenses |
34.909 |
12.860 |
5.682 |
20.716 |
|||||
|
Total revenues |
15.620.173 |
15.327.261 |
15.455.181 |
14.111.686 |
|||||
|
Total costs |
16.531.296 |
16.296.697 |
16.107.697 |
14.927.262 |
|||||
|
Total business result |
-911.123 |
-969.436 |
-652.516 |
-815.576 |
|||||
|
Tax on profit |
0 |
0 |
0 |
0 |
|||||
|
Deferred taxs |
-107.457 |
10.583 |
7.848 |
22.517 |
|||||
|
Net business result for the accounting period |
-803.666 |
-980.019 |
-660.364 |
-838.093 |
|||||
|
|
|||||||||
|
Ratios |
|
2010 |
2011 |
2012 |
2013 |
||||
|
|
Equity ratio |
0,22 |
0,19 |
0,22 |
0,23 |
||||
|
|
Cleared equity ratio |
0,22 |
0,15 |
0,18 |
0,19 |
||||
|
|
Current liquidity |
0,58 |
0,81 |
0,82 |
0,81 |
||||
|
|
Quick liquidity |
0,37 |
0,42 |
0,44 |
0,56 |
||||
|
|
Working capital |
-3423831 |
-1204501 |
-1211817 |
-1240311 |
||||
|
|
Gearing |
4,49 |
5,31 |
4,62 |
4,37 |
||||
|
|
Cleared gearing |
2,57 |
3,83 |
3,24 |
3,29 |
||||
|
|
Profitability |
-5,78 |
-4,22 |
-6,32 |
-5,83 |
||||
|
|
Operating profitability |
-5,94 |
-4,27 |
-6,39 |
-5,15 |
||||
|
|
Stock days |
45,48 |
59,43 |
59,29 |
37,28 |
||||
|
|
Debtor days |
68,65 |
62,54 |
69,68 |
84,89 |
||||
|
|
Supplier days |
78,55 |
90,64 |
89,5 |
78,13 |
||||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.61 |
|
|
1 |
Rs.100.48 |
|
Euro |
1 |
Rs.79.56 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
PDT |
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.