|
Report Date : |
03.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
SOCHIM
INTERNATIONAL S.P.A. |
|
|
|
|
Registered Office : |
Via Ghisolfa, 86, 20010-Cornaredo
(MI) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
17.11.1988 |
|
|
|
|
Legal Form : |
Joint Stock Company with Sole Shareholder |
|
|
|
|
Line of Business : |
Manufacture of homogenised food preparations and dietetic food |
|
|
|
|
No of Employees : |
From 36 to 50 |
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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Italy |
A2 |
A2 |
|
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 |
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 |
SOCHIM
INTERNATIONAL S.P.A.
Via Ghisolfa, 86
20010 - Cornaredo (MI) -IT-
|
Fiscal Code |
: |
09471290156 |
|
Legal Form |
: |
Joint stock company with sole shareholder |
|
Start of Activities |
: |
23/05/1989 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
15.500.000/18.000.000 |
|
Number of Employees |
: |
from 36 to 50 |
Manufacture of homogenised food preparations and dietetic food
Legal Form : Joint stock company with sole shareholder
|
Fiscal Code : 09471290156 |
|
Foreign Trade Reg. no. : MI254413 since 05/11/1996 |
|
Chamber of Commerce no. : 1295974 of Milano since 25/01/1989 |
|
Firms' Register : MI146-288781 of Milano since 19/02/1996 |
|
V.A.T. Code : 09471290156 |
|
Establishment date |
: 17/11/1988 |
|
|
Start of Activities |
: 23/05/1989 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 2.000.000 |
|
|
Subscribed Capital |
: 2.000.000 |
|
|
Paid up Capital |
: 2.000.000 |
|
|
|
Sestagalli |
Emilio |
|
|
|
Born in Milano |
(MI) |
on 24/10/1961 |
- Fiscal Code : SSTMLE61R24F205S |
|
|
|
Residence: |
|
Pogliani |
, 18 |
- 20090 |
Cesano Boscone |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
16/11/2009 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Etter |
Ermanno |
|
|
|
Born in Gavirate |
(VA) |
on 26/06/1946 |
- Fiscal Code : TTRRNN46H26D946B |
|
|
|
Residence: |
|
Ostiglia |
, 10 |
- 20133 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
12/04/2012 |
|
|
|
|
Eigenmann |
Carlo Vittorio |
|
|
|
Born in Milano |
(MI) |
on 23/10/1959 |
- Fiscal Code : GNMCLV59R23F205F |
|
|
|
Residence: |
|
Buonarroti Michelangelo |
, 35 |
- 20145 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
12/04/2012 |
|
|
|
Director |
12/04/2012 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
C.e. S.r.l. |
|
|
|
|
|
|
Residence: |
|
Ghisolfa |
, 88 |
- 20010 |
Cornaredo |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
01/10/2009 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Pacchetti |
Barbara |
|
|
|
Born in Milano |
(MI) |
on 21/09/1967 |
- Fiscal Code : PCCBBR67P61F2L5P |
|
|
|
Residence: |
|
Losanna |
, 18 |
- 20154 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
12/04/2012 |
|
|
|
Managing Director |
12/04/2012 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Minoggio |
Veronica |
|
|
|
Born in Rho |
(MI) |
on 25/05/1976 |
- Fiscal Code : MNGVNC76E65H264L |
|
|
|
Residence: |
|
Giardino |
, 9 |
- 20017 |
Rho |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
12/04/2012 |
|
|
|
|
Borsero |
Guido |
|
|
|
Born in Torino |
(TO) |
on 06/11/1969 |
- Fiscal Code : BRSGDU69S06L219V |
|
|
|
Residence: |
|
A. Pigafetta |
, 61 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
General Director |
16/11/2009 |
|
|
|
Director |
12/04/2012 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
C.e. S.r.l. |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
|
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.
|
|
Eigenmann |
Carlo Vittorio |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Sochim International S.p.A. |
Milano (MI) - IT - |
01729020154 |
Managing Director |
Withdrawn |
Merged |
|
Sochim International S.p.A. |
Milano (MI) - IT - |
01729020154 |
Director |
Withdrawn |
Merged |
|
Sochim International S.p.A. |
Milano (MI) - IT - |
01729020154 |
Managing Director |
Withdrawn |
Merged |
|
Sochim International S.p.A. |
Milano (MI) - IT - |
01729020154 |
Board Chairman |
Withdrawn |
Merged |
|
Eigenmann E Veronelli Spa |
Milano (MI) - IT - |
00847640158 |
Director |
Withdrawn |
Ceased |
|
Sochim Pigmenti S.r.l. |
Lurano (BG) - IT - |
13317730151 |
Director |
Withdrawn |
Registered |
|
Sochim Pigmenti S.r.l. |
Lurano (BG) - IT - |
13317730151 |
Board Chairman |
Withdrawn |
Registered |
|
C.e. S.r.l. |
Cornaredo (MI) - IT - |
06531050968 |
Director |
Active |
Registered |
|
C.e. S.r.l. |
Cornaredo (MI) - IT - |
06531050968 |
Board Chairman |
Active |
Registered |
|
Pharmasuisse Laboratories S.r.l. In Forma Abbreviata Pharmasuisse
S.r.l. |
Milano (MI) - IT - |
04308960964 |
Director |
Active |
Registered |
|
Pharmasuisse Laboratories S.r.l. In Forma Abbreviata Pharmasuisse
S.r.l. |
Milano (MI) - IT - |
04308960964 |
Sole Director |
Withdrawn |
Registered |
|
Pharmasuisse Laboratories S.r.l. In Forma Abbreviata Pharmasuisse
S.r.l. |
Milano (MI) - IT - |
04308960964 |
Person in charge |
Active |
Registered |
|
Pharmasuisse Laboratories S.r.l. In Forma Abbreviata Pharmasuisse
S.r.l. |
Milano (MI) - IT - |
04308960964 |
Board Chairman |
Active |
Registered |
|
|
C.e. S.r.l. |
|
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Sochim International S.p.A. |
Milano (MI) - IT - |
01729020154 |
Sole partner |
Active |
Merged |
|
|
Pacchetti |
Barbara |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Sochim International S.p.A. |
Milano (MI) - IT - |
01729020154 |
Director |
Withdrawn |
Merged |
|
Sochim International S.p.A. |
Milano (MI) - IT - |
01729020154 |
Director |
Withdrawn |
Merged |
|
Pharmasuisse Laboratories S.r.l. In Forma Abbreviata Pharmasuisse
S.r.l. |
Milano (MI) - IT - |
04308960964 |
Director |
Active |
Registered |
|
Pharmasuisse Laboratories S.r.l. In Forma Abbreviata Pharmasuisse
S.r.l. |
Milano (MI) - IT - |
04308960964 |
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.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
C.e. S.r.l. |
Cornaredo - IT - |
06531050968 |
|
100,00 |
The Company under review has no participations in other Companies.
In order to carry out its activities the firm uses the following locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
|
Ghisolfa |
, 86 |
- 20010 |
- Cornaredo |
(MI) |
- IT - |
|
|
|
|
PHONE |
: 0293562434 |
|
|
|
|
PHONE |
: 02620201 |
|
|
|
|
FAX |
: 026202040 |
|
- |
Branch |
(Administrative office) |
since 05/04/2010 |
|
|
|
|
|
|
Pasubio |
, 6-8/2 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
|
|
|
Employees |
: 39 |
|
Fittings and Equipment for a value of 630.000 |
Eur |
|
Stocks for a value of 1.540.000 |
Eur |
|
|
EX-MEMBERS / EX-POSITIONS:
|
|
Etter |
Ermanno |
|
|
|
Born in Gavirate |
(VA) |
on 26/06/1946 |
- Fiscal Code : TTRRNN46H26D946B |
|
|
|
Residence: |
|
Ostiglia |
, 10 |
- 20133 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Rossi |
Ascanio |
|
|
|
Born in Cesano Maderno |
(MB) |
on 02/09/1952 |
- Fiscal Code : RSSSCN52P02F427A |
|
|
|
Residence: |
|
Carlo Porta |
, 18/C |
- 20031 |
Cesano Maderno |
(MB) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Eigenmann |
Carlo Vittorio |
|
|
|
Born in Milano |
(MI) |
on 23/10/1959 |
- Fiscal Code : GNMCLV59R23F205F |
|
|
|
Residence: |
|
Buonarroti Michelangelo |
, 35 |
- 20145 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Rubbi |
Piero |
|
|
|
Born in BOLOGNA |
(BO) |
on 01/04/1925 |
- Fiscal Code : RBBPRI25D01A944N |
|
|
|
Residence: |
|
ROSSELLINI ROBERTO |
, 2 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Cogrossi |
Giancarlo |
|
|
|
Born in Soresina |
(CR) |
on 17/08/1932 |
- Fiscal Code : CGRGCR32M17I849O |
|
|
|
Residence: |
|
Colonna Marco Antonio |
, 42 |
- 20149 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Cattaneo |
Rinaldo |
|
|
|
Born in Massalengo |
(MI) |
on 24/08/1933 |
- Fiscal Code : CTTRLD33M24F028Y |
|
|
|
Residence: |
|
Vergani |
, 15 |
- 20020 |
Misinto |
(MB) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Maroni |
Sebastiano |
|
|
|
Born in LECCO |
(CO) |
on 24/11/1951 |
- Fiscal Code : MRNSST51S24E507T |
|
|
|
Residence: |
|
MAZZINI |
, 45 |
- 20010 |
Cornaredo |
(MI) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Director |
|
|
Bongiorni |
Paola |
|
|
|
Born in Milano |
(MI) |
on 16/02/1962 |
- Fiscal Code : BNGPLA62B56M052D |
|
|
|
Residence: |
|
Buonarroti Michelangelo |
, 35 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Project of merging by taking over of |
|
|
|
Sochim
International S.p.A. |
|
|
|
|
Pasubio |
, 6 |
, 20100 |
, Milano |
(MI) |
- IT - |
|
|
|
Fiscal Code: 01729020154 |
|
|
|
Date |
Merging/splitting-up project: |
25/06/2009 |
|
|
The firm absorbed by merging of |
|
|
|
Sochim
International S.p.A. |
|
|
|
|
Pasubio |
, 6 |
, 20100 |
, Milano |
(MI) |
- IT - |
|
|
|
Fiscal Code: 01729020154 |
|
|
|
Date |
: |
01/10/2009 |
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.
Company's starting of activities dates back to 1989.
An eco-fin analysis has been made on the base od the b/s fo the years
2011, 2012 and 2013.
Under an economic point of view, profits were registered during the last
years with a r.o.e. of 13,51% in 2013
The return on Investment in the last financial year was positive
(16,69%) and in line with the sector's average.
An operating result of Eur. 2.225.287 has been registered. with no
increase in relation to the financial year 2012.
The G.O.M. amounted to Eur. 2.836.445 stable if compared to the
financial year 2012.
Indebtedness is scanty since debts are lower than liquidity.
The equity capital is equal to Eur. 10.535.960 , unchanged as opposed to
the preceding year.
Total indebtedness was equal to Eur. 2.133.098 (Eur. 500.000 was the
value of m/l term debts) with no important change.
The company does not exceed in bank borrowings; the recourse to
suppliers' credit is also limited which is also lower than the sector average.
The liquidity level is positive (4,35).
As to due from customers, the average terms are 77,13 days. , shorter
than the sector's average.
During financial year 2013 the cash flow amounted to Eur. 2.034.185
Labour cost amounts to Eur. 1.782.694, with a 12,5% incidence on
production costs. , whereas the incidence of such costs on sales revenues is
equal to 10,92%.
Financial incomes cover financial charges.
|
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
16.331.140 |
|
Profit (Loss) for the period |
1.423.027 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
18.425.531 |
|
Profit (Loss) for the period |
1.697.112 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
17.047.772 |
|
Profit (Loss) for the period |
1.271.543 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
22.522.007 |
|
Profit (Loss) for the period |
1.500.385 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
19.855.605 |
|
Profit (Loss) for the period |
1.492.596 |
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 |
0,47 |
0,46 |
0,48 |
0,36 |
|
Elasticity Ratio |
Units |
0,53 |
0,53 |
0,51 |
0,58 |
|
Availability of stock |
Units |
0,12 |
0,13 |
0,10 |
0,12 |
|
Total Liquidity Ratio |
Units |
0,42 |
0,41 |
0,41 |
0,42 |
|
Quick Ratio |
Units |
0,14 |
0,00 |
0,00 |
0,01 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
n.c. |
0,15 |
0,24 |
2,08 |
|
Self Financing Ratio |
Units |
0,79 |
0,76 |
0,71 |
0,22 |
|
Capital protection Ratio |
Units |
0,68 |
0,64 |
0,66 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,70 |
0,98 |
0,67 |
0,27 |
|
Financing |
Units |
0,20 |
0,26 |
0,35 |
3,08 |
|
Permanent Indebtedness Ratio |
Units |
0,88 |
0,88 |
0,83 |
0,46 |
|
M/L term Debts Ratio |
Units |
0,09 |
0,12 |
0,11 |
0,12 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,09 |
0,15 |
0,69 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,88 |
1,89 |
1,71 |
1,16 |
|
Current ratio |
Units |
4,35 |
4,45 |
3,01 |
1,14 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
3,41 |
3,38 |
2,42 |
0,86 |
|
Structure's primary quotient |
Units |
1,70 |
1,63 |
1,47 |
0,68 |
|
Treasury's primary quotient |
Units |
1,13 |
0,04 |
0,00 |
0,02 |
|
Rate of indebtedness ( Leverage ) |
% |
126,51 |
131,66 |
140,22 |
438,55 |
|
Current Capital ( net ) |
Value |
5.469.339 |
5.559.324 |
4.604.071 |
177.800 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
12,46 |
12,88 |
11,51 |
4,57 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
13,51 |
16,62 |
13,31 |
4,28 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
20,82 |
24,91 |
20,51 |
11,42 |
|
Return on Investment ( R.O.I. ) |
% |
16,69 |
18,66 |
15,29 |
3,74 |
|
Return/ Sales |
% |
13,63 |
13,62 |
12,01 |
3,72 |
|
Extra Management revenues/charges incid. |
% |
63,95 |
67,64 |
62,08 |
25,24 |
|
Cash Flow |
Value |
2.034.185 |
2.372.976 |
1.963.046 |
140.498 |
|
Operating Profit |
Value |
2.225.287 |
2.508.954 |
2.048.273 |
117.422 |
|
Gross Operating Margin |
Value |
2.836.445 |
3.184.818 |
2.739.776 |
261.449 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
77,13 |
82,34 |
83,95 |
110,74 |
|
Debts to suppliers average term |
Days |
38,05 |
28,65 |
46,70 |
117,18 |
|
Average stock waiting period |
Days |
33,95 |
33,56 |
28,62 |
43,75 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,23 |
1,37 |
1,27 |
0,99 |
|
Rate of stock return |
Units |
10,60 |
10,73 |
12,58 |
8,23 |
|
Labour cost incidence |
% |
10,92 |
9,87 |
10,66 |
15,09 |
|
Net financial revenues/ charges incidence |
% |
0,04 |
-0,24 |
-0,55 |
-1,50 |
|
Labour cost on purchasing expenses |
% |
12,50 |
11,30 |
11,94 |
14,79 |
|
Short-term financing charges |
% |
1,63 |
1,72 |
2,83 |
2,72 |
|
Capital on hand |
% |
81,62 |
72,98 |
78,60 |
100,97 |
|
Sales pro employee |
Value |
418.747 |
329.027 |
396.459 |
231.895 |
|
Labour cost pro employee |
Value |
45.710 |
32.463 |
42.261 |
32.825 |
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 335 significant companies.
The companies cash their credits on an average of 111 dd.
The average duration of suppliers debts is about 117 dd.
The sector's profitability is on an average of 4,57%.
The labour cost affects the turnover in the measure of 15,09%.
Goods are held in stock in a range of 44 dd.
The difference between the sales volume and the resources used to
realize it is about 0,99.
The employees costs represent the 14,79% 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.60.61 |
|
UK Pound |
1 |
Rs.100.49 |
|
Euro |
1 |
Rs.79.56 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
SMN |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.