|
Report No. : |
316039 |
|
Report Date : |
04.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
HUNTSMAN PIGMENTS S.P.A. |
|
|
|
|
Registered Office : |
Via G.
Reiss Romoli, 44/12, 10148 – Torino
(TO) -IT- |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
03.07.1989 |
|
|
|
|
Legal Form : |
Joint Stock Company With Sole Shareholder |
|
|
|
|
Line of Business : |
Manufacture of various chemical products for industrial usage
(including ant detonating and anti-freeze preparations) |
|
|
|
|
No. of Employees : |
From 201 to 250 |
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 |
|
Maximum Credit Limit : |
250.000 EUR |
|
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Italy |
A2 |
A1 |
|
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 |
HUNTSMAN PIGMENTS S.P.A.
Via G.
Reiss Romoli, 44/12
10148 - Torino (TO) -IT-
|
Fiscal Code |
: |
02146370263 |
|
Legal Form |
: |
Joint stock company with sole shareholder |
|
start of Activities |
: |
03/07/1989 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
50.000.000/75.000.000 |
|
Number of Employees |
: |
from 201 to 250 |
|
Credit Opinion |
: |
250.000 - |
Manufacture of various chemical products for industrial usage (including
ant detonating and anti-freeze preparations)
Legal Form : Joint stock company with sole shareholder
|
Fiscal Code : 02146370263 |
|
Municipal Licence : PROVV. of since 28/01/1994 |
|
Foreign Trade Reg. no. : TO076439 since 31/03/1998 |
|
Foreign Trade Reg. no. : 076439 of Torino since 31/03/1998 |
|
Chamber of Commerce no. : 800577 of Torino since 21/01/1994 |
|
Firms' Register : TO-1997-286520 of Torino since 09/10/1997 |
|
V.A.T. Code : 07365630016 |
|
Foundation date |
: 27/01/1989 |
|
|
Establishment date |
: 27/01/1989 |
|
|
Start of Activities |
: 03/07/1989 |
|
|
Legal duration |
: 31/12/2100 |
|
|
Nominal Capital |
: 3.819.930 |
|
|
Subscribed Capital |
: 3.819.930 |
|
|
Paid up Capital |
: 3.819.930 |
|
Legal mail : |
HUNTSMANPIGMENTS@PECSOCI.UI.TORINO.IT |
|
|
Tioxide Europe S.r.l. |
|
|
Residence: |
Casone |
- 58020 |
Scarlino |
(GR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
01/10/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Maffi |
Santo |
|
|
Born in Bergamo |
(BG) |
on 05/02/1959 |
- Fiscal Code : MFFSNT59B05A794H |
|
|
Residence: |
Matteo Civitali |
, 50 |
- 20148 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
31/10/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Musso |
Valter |
|
|
Born in Massa Marittima |
(GR) |
on 15/09/1958 |
- Fiscal Code : MSSVTR58P15F032W |
|
|
Residence: |
Guglielmo Reiss Romoli |
, 44/12 |
- 10148 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/10/2014 |
||
|
Board Chairman |
14/10/2014 |
||
|
Managing Director |
23/10/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Rollmann |
Clemens Alfred |
|
|
Born in Aschaffenburg |
( ) |
on 22/01/1962 |
- Fiscal Code : RLLCMN62A22Z112I |
|
|
Residence: |
Guglielmo Reiss Romoli |
, 44/12 |
- 10148 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/10/2014 |
||
|
Managing Director |
23/10/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Marchetti |
Gabriella |
|
|
Born in Torino |
(TO) |
on 01/10/1970 |
- Fiscal Code : MRCGRL70R41L219C |
|
|
Residence: |
Rocca |
, 42 |
- 10076 |
Nole |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
31/10/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Di Misa |
Federico |
|
|
Born in Palermo |
(PA) |
on 19/07/1956 |
- Fiscal Code : DMSFRC56L19G273M |
|
|
Residence: |
Garda |
, 2 |
- 10015 |
Ivrea |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
31/10/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Turner |
Simon |
|
|
Born in Barking |
( ) |
on 11/09/1963 |
- Fiscal Code : TRNSMN63P11Z114B |
|
|
Residence: |
Guglielmo Reiss Romoli |
, 44/12 |
- 10148 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/10/2014 |
|
|
Dixon |
Michael Christopher |
|
|
Born in Kendal |
( ) |
on 12/07/1968 |
- Fiscal Code : DXNMHL68L12Z114C |
|
|
Residence: |
Guglielmo Reiss Romoli |
, 44/12 |
- 10148 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/10/2014 |
|
|
Phillipson |
Richard Justin James |
|
|
Born in West Hartlepool |
( ) |
on 10/10/1968 |
- Fiscal Code : PHLRHR68R10Z114D |
|
|
Residence: |
Guglielmo Reiss Romoli |
, 44/12 |
- 10148 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/10/2014 |
|
|
Marchina |
Marco Davide Carlo |
|
|
Born in Milano |
(MI) |
on 11/03/1969 |
- Fiscal Code : MRCMCD69C11F205J |
|
|
Residence: |
Delle Fontanelle |
, 8 |
- 22044 |
Inverigo |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
31/10/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Herbel |
Fred |
|
|
Born in Langenscheid - Germania |
( ) |
on 18/12/1961 |
- Fiscal Code : HRBFRD61T18Z112B |
|
|
Residence: |
Guglielmo Reiss Romoli |
, 44/12 |
- 10155 |
Torino |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
31/10/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Tioxide Europe 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.
|
|
Musso |
Valter |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Tioxide Europe S.r.l. |
Scarlino (GR) - IT - |
06186660152 |
Managing
Director |
Withdrawn |
Registered |
|
Tioxide Europe S.r.l. |
Scarlino (GR) - IT - |
06186660152 |
Director |
Withdrawn |
Registered |
|
Huntsman Italian Receivables Finance S.r.l. |
Scarlino (GR) - IT - |
03598580268 |
Director |
Withdrawn |
Registered |
|
|
Rollmann |
Clemens Alfred |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Chemetall S.r.l. |
Milano (MI) - IT - |
04869140154 |
Director |
Withdrawn |
Registered |
|
Ceramtec Italia S.r.l. Innovative Ceramic Engineering In Liquidaz Ione |
Milano (MI) - IT - |
07744550588 |
Liquidator |
Active |
Registered |
|
Kendell S.r.l. |
Milano (MI) - IT - |
01136530936 |
Director |
Withdrawn |
Registered |
|
Chemetall Italia S.r.l. |
Milano (MI) - IT - |
10778120153 |
Director |
Withdrawn |
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 |
|
Tioxide Europe S.r.l. |
Scarlino - IT - |
06186660152 |
100,00 |
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 |
|
GOMET S.P.A. |
Azeglio - IT - |
07276000010 |
102.258 .Eur |
99,00 |
Active |
||
|
SIDERCROM S.R.L. |
Torino - IT - |
05864970016 |
10.329 .Eur |
100,00 |
Active |
Firm's location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
G. Reiss Romoli |
, 44/12 |
- 10100 |
- Torino |
(TO) |
- IT - |
|
PHONE |
: 0112280505 |
|
PHONE |
: 0112280501 |
|
FAX |
: 0112269275 |
|
Legal mail |
: HUNTSMANPIGMENTS@PECSOCI.UI.TORINO.IT |
|
- |
Branch |
(Factory) |
since 01/01/1996 |
|
Tomboleto |
, 12 |
- 10010 |
- Azeglio |
(TO) |
- IT - |
|
PHONE |
: 0125728899 |
|
- |
Branch |
(Store) |
since 25/01/2010 |
|
Fornacino |
, 121/C |
- 10040 |
- Leini |
(TO) |
- IT - |
|
- |
Branch |
(Store) |
since 26/07/2011 |
|
Tomboleto |
, 3 |
- 10010 |
- Azeglio |
(TO) |
- IT - |
|
Employees |
: 206 |
|
Fittings and Equipment for a value of 20.600.000 |
Eur |
|
Stocks for a value of 14.840.000 |
Eur |
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Limited liability company |
Joint stock company |
23/11/1989 |
COMPANY STYLE MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Porta Partecipazioni S.r.l. |
La Porta Partecipazioni S.p.A. |
23/11/1989 |
|
La Porta Partecipazioni S.p.A. |
Settef S.p.A. |
20/12/1989 |
|
Settef S.p.A. |
Laporte Italia S.p.A. |
31/12/1993 |
EX-MEMBERS / EX-POSITIONS:
|
|
Rittatore Vonwiller |
Alberto |
|
|
Born in Milano |
(MI) |
on 23/10/1949 |
- Fiscal Code : RTTLRT49R23F205H |
|
|
Residence: |
Papa Leone Xiii |
, 45 |
- 66100 |
Chieti |
(CH) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Bock |
Mattia Carlo Cesare |
|
|
Born in Milano |
(MI) |
on 21/09/1970 |
- Fiscal Code : BCKMTC70P21F205Z |
|
|
Residence: |
San Primo |
, 4 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Sergi |
Marino |
|
|
Born in Torino |
(TO) |
on 19/06/1969 |
- Fiscal Code : SRGMRN69H19L219W |
|
|
Residence: |
Einaudi |
, 26 |
- 10129 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
General Director |
|
Procurator |
|
Director |
|
Managing Director |
|
|
Marocco |
Luca |
|
|
Born in Torino |
(TO) |
on 13/04/1966 |
- Fiscal Code : MRCLCU66D13L219U |
|
|
Residence: |
San Remo |
, 8 |
- 10137 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Benzi |
Giuseppina |
|
|
Born in Acqui Terme |
(AL) |
on 01/03/1946 |
- Fiscal Code : BNZGPP46C41A052R |
|
|
Residence: |
Cascinette |
, 1 |
- 10015 |
Ivrea |
(TO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Marchetti |
Gabriella |
|
|
Born in Torino |
(TO) |
on 01/10/1970 |
- Fiscal Code : MRCGRL70R41L219C |
|
|
Residence: |
Rocca |
, 42 |
- 10076 |
Nole |
(TO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Iorianni |
Albano |
|
|
Born in Ivrea |
(TO) |
on 01/01/1969 |
- Fiscal Code : RNNLBN69A01E379Z |
|
|
Residence: |
Roma |
, 26 |
- 10010 |
Cascinette d'Ivrea |
(TO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Rockwood Specialties Group Inc. |
|
Ex-Postions |
|
Sole partner |
|
|
Di Misa |
Federico |
|
|
Born in Palermo |
(PA) |
on 19/07/1956 |
- Fiscal Code : DMSFRC56L19G273M |
|
|
Residence: |
Garda |
, 2 |
- 10015 |
Ivrea |
(TO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
RIORDAN |
THOMAS |
|
|
Born in SAN FRANCISCO |
( ) |
on 31/01/1950 |
- Fiscal Code : RRDTMS50A31Z404R |
|
|
Residence: |
REISS ROMOLI |
, 44/12 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Ross |
Andrew Martin |
|
|
Born in Vienna |
( ) |
on 10/04/1961 |
- Fiscal Code : RSSNRW61D10Z102G |
|
|
Residence: |
Corey Place |
, 3714 |
Washington |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Director |
|
Managing Director |
|
|
Ceracchi |
Gabriele |
|
|
Born in Spoleto |
(PG) |
on 05/04/1952 |
- Fiscal Code : CRCGRL52D05I921O |
|
|
Residence: |
Einstein |
, 33 |
- 20033 |
Desio |
(MB) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Director |
|
Board Chairman |
|
|
Bdo S.p.a. |
|
- Fiscal Code : 01795620150 |
|
|
Residence: |
Augusto |
, 8 |
- 20122 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Auditor |
|
|
Pulici |
Edoardo |
|
|
Born in BORGOFRANCO D'IVREA |
(TO) |
on 28/01/1941 |
- Fiscal Code : PLCDRD41A28B015D |
|
|
Residence: |
CASCINETTE |
, 1 |
- 10015 |
Ivrea |
(TO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm absorbed by merging of |
|
Huntsman
Pigments S.p.a. |
|
|
G. Reiss Romoli |
, 44/12 |
, 10148 |
, Torino |
(TO) |
- IT - |
|
|
Date |
: |
31/12/1993 |
|
|
The firm absorved |
|
Huntsman
Pigments S.p.a. |
|
|
G. Reiss Romoli |
, 44/12 |
, 10148 |
, Torino |
(TO) |
- IT - |
|
|
Date |
: |
31/12/1993 |
|
|
The firm absorved |
|
Chamberlain
Italia S.P.A. |
|
|
M. Pasubio |
, 196 |
, 36010 |
, Zane' |
(VI) |
- IT - |
|
|
Fiscal Code: 01651100248 |
|
|
Date |
: |
06/12/1994 |
|
|
The firm absorved |
|
EVODE SRL |
|
|
Tomboleto |
, 10010 |
, Azeglio |
(TO) |
- IT - |
|
|
Fiscal Code: 09042880154 |
|
|
Date |
: |
24/11/1995 |
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 1989
The economic-financial analysis has been made on the base of the b/s of
the latests three years.
Under the financial profile unstable results are noted. with a negative
economic result in the last financial year. Upward trend as to the turnover in
the last financial year (+14,61%).
The operating result is negative.
The operating result is negative (Eur. -837.566).
During the latest financial year the gross operating margin amounted to Eur.
13.591.860 showing a 75,97% growth.
The analysis shows a fair financial position as the indebtedness volume
is acceptable (3,26) with an improving trend as on the decrease.
With regard to equity capital, an amount of Eur. 14.162.493 is
registered. , stable in comparison with the value of the previous year.
Eur. 54.457.964 is the amount of total debts, both commercial and of
different nature, with no important change.
Financial debts as well as debts to suppliers are rather high even if it
still falls within the sector's average.
Liquid assets are not adequate.
Credits are collected in 66,97 days on the average. , a better value
than the sector's average.
(Eur. -6.567.064) is the negative value of the cash flow.
Labour cost expenses amount to Eur. 12.291.043 , representing 15,47% on
the total of production costs. and a 17,7% incidence on sales volumes.
The incidence of the financial charges is of -0,28% on the sales amount.
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
69.434.506 |
|
Profit (Loss) for the period |
-16.772.113 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
60.580.938 |
|
Profit (Loss) for the period |
-6.240.639 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
62.742.902 |
|
Profit (Loss) for the period |
797.176 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
59.024.110 |
|
Profit (Loss) for the period |
1.592.783 |
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 |
0,46 |
0,59 |
0,57 |
0,33 |
|
Elasticity Ratio |
Units |
0,52 |
0,41 |
0,43 |
0,65 |
|
Availability of stock |
Units |
0,20 |
0,24 |
0,26 |
0,15 |
|
Total Liquidity Ratio |
Units |
0,32 |
0,17 |
0,17 |
0,47 |
|
Quick Ratio |
Units |
0,11 |
0,05 |
0,04 |
0,01 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
3,26 |
3,61 |
2,77 |
1,60 |
|
Self Financing Ratio |
Units |
0,19 |
0,20 |
0,25 |
0,28 |
|
Capital protection Ratio |
Units |
1,91 |
1,15 |
0,80 |
0,69 |
|
Liabilities consolidation quotient |
Units |
0,03 |
0,03 |
0,04 |
0,21 |
|
Financing |
Units |
3,85 |
3,88 |
2,94 |
2,10 |
|
Permanent Indebtedness Ratio |
Units |
0,21 |
0,22 |
0,27 |
0,47 |
|
M/L term Debts Ratio |
Units |
0,02 |
0,02 |
0,03 |
0,10 |
|
Net Financial Indebtedness Ratio |
Units |
1,87 |
2,56 |
1,89 |
0,66 |
|
CORRELATION |
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|
Fixed assets ratio |
Units |
0,46 |
0,38 |
0,47 |
1,28 |
|
Current ratio |
Units |
0,72 |
0,53 |
0,60 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,44 |
0,22 |
0,24 |
0,90 |
|
Structure's primary quotient |
Units |
0,41 |
0,34 |
0,43 |
0,90 |
|
Treasury's primary quotient |
Units |
0,15 |
0,07 |
0,05 |
0,02 |
|
Rate of indebtedness ( Leverage ) |
% |
534,48 |
501,00 |
407,70 |
353,06 |
|
Current Capital ( net ) |
Value |
-15.412.139 |
-29.648.734 |
-26.578.265 |
592.597 |
|
RETURN |
|||||
|
Return on Sales |
% |
-9,46 |
11,04 |
17,73 |
3,97 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
-118,43 |
-38,30 |
3,54 |
2,57 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
-120,23 |
-42,72 |
8,14 |
9,20 |
|
Return on Investment ( R.O.I. ) |
% |
-1,11 |
-8,49 |
2,41 |
3,84 |
|
Return/ Sales |
% |
-1,21 |
-11,44 |
3,52 |
4,05 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
n.c. |
36,05 |
25,15 |
|
Cash Flow |
Value |
-6.567.064 |
6.688.159 |
11.123.568 |
316.000 |
|
Operating Profit |
Value |
-837.566 |
-6.928.720 |
2.211.078 |
279.308 |
|
Gross Operating Margin |
Value |
13.591.860 |
7.723.545 |
12.685.345 |
532.534 |
|
MANAGEMENT |
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|
Credits to clients average term |
Days |
66,97 |
42,81 |
61,31 |
104,54 |
|
Debts to suppliers average term |
Days |
110,51 |
124,41 |
144,02 |
96,16 |
|
Average stock waiting period |
Days |
76,92 |
118,06 |
134,62 |
50,38 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,92 |
0,74 |
0,68 |
1,16 |
|
Rate of stock return |
Units |
4,68 |
3,05 |
2,67 |
7,14 |
|
Labour cost incidence |
% |
17,70 |
19,27 |
17,83 |
13,54 |
|
Net financial revenues/ charges incidence |
% |
-0,28 |
-0,36 |
-0,56 |
-1,46 |
|
Labour cost on purchasing expenses |
% |
15,47 |
17,05 |
16,70 |
13,80 |
|
Short-term financing charges |
% |
0,36 |
0,36 |
0,55 |
3,24 |
|
Capital on hand |
% |
109,02 |
134,75 |
146,43 |
86,41 |
|
Sales pro employee |
Value |
180.819 |
166.431 |
179.779 |
352.121 |
|
Labour cost pro employee |
Value |
32.007 |
32.069 |
32.058 |
44.319 |
250.000Eur.
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 |
: |
2.236.941 |
|
Population living in the region |
: |
4.330.172 |
|
Number of families in the region |
: |
1.889.207 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
429 |
|
- per non food products |
: |
1.789 |
|
- per energy consume |
: |
135 |
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.
Statistcally the trade activity shows periods of crisis.
The area is statistically considered moderately risky.
In the region 27.019 protested subjects are found; in the province they
count to 16.723.
The insolvency index for the region is 0,63, , while for the province it
is 0,76.
Total Bankrupt companies in the province : 7.726.
Total Bankrupt companies in the region : 14.165.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.59 |
|
|
1 |
Rs.92.46 |
|
Euro |
1 |
Rs.67.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
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|
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|
Report Prepared
by : |
TPT |
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.