MIRA INFORM REPORT
|
Report No. : |
335032 |
|
Report Date : |
01.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
M.E.P. - MACCHINE
ELETTRONICHE PIEGATRIC I - S.P.A. |
|
|
|
|
Registered Office : |
Via Leonardo Da Vinci, 20 33010 - Reana
del Roiale (UD) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
08.02.1966 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacturer of Metal Forming Machinery and Tool Machines. |
|
|
|
|
No. of Employees : |
From 150 to 175 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Italy |
A1 |
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 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 132%
of GDP in 2014, 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 tax evasion. In 2014 economic growth and labor market
conditions continued to deteriorate, with overall unemployment rising to 12.2%
and youth unemployment around 40%. Italy's GDP is now nearly 10% below its 2007
pre-crisis level.
|
Source
: CIA |
Company Name and address
M.E.P. - MACCHINE ELETTRONICHE
PIEGATRIC I - S.P.A.
Via Leonardo Da Vinci, 20
33010 - Reana del Roiale (UD) -IT-
Summary
|
Fiscal
Code |
: |
00162520308 |
|
Legal
Form |
: |
Joint
stock company |
|
start
of Activities |
: |
21/02/1966 |
|
Equity |
: |
Over
2.582.254 |
|
Turnover
Range |
: |
50.000.000/75.000.000
|
|
Number
of Employees |
: |
from
150 to 175 |
Activity
Manufacture
of metal forming machinery and tool machines
Legal Data
Legal
Form : Joint stock company
|
Fiscal
Code : 00162520308 |
|
Foreign
Trade Reg. no. : UD000415 since 21/11/1991 |
|
Foreign
Trade Reg. no. : 000415 of Udine since 21/11/1991 |
|
Foreign
Trade Reg. no. : 861458 of Udine |
|
Chamber
of Commerce no. : 100616 of Udine since 18/02/1966 |
|
Firms'
Register : UD129-3358 of Udine since 19/02/1996 |
|
V.A.T.
Code : 00162520308 |
|
Tribunal
Co. Register : 335866 of |
|
Foundation
date |
:
08/02/1966 |
|
Establishment
date |
:
08/02/1966 |
|
Start
of Activities |
:
21/02/1966 |
|
Legal
duration |
: 31/12/2050 |
|
Nominal
Capital |
:
5.940.000 |
|
Subscribed
Capital |
:
5.940.000 |
|
Paid
up Capital |
:
5.940.000 |
|
Legal
mail : |
MEP@CERT.MEPGROUP.COM |
Members
|
|
A.c.m. Automatismi Costruzioni Meccanich |
e S.r.l. |
|
|
|
|
|
Residence: |
|
Leonardo
Da Vinci |
, 35 |
-
33010 |
Reana del Roiale |
(UD) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|
|
|
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Del Fabro |
Giorgio |
|
|
|
Born
in Tricesimo |
(UD) |
on
23/02/1947 |
-
Fiscal Code : DLFGRG47B23L421U |
|
|
|
Residence: |
|
Zanon |
,
18/10 |
-
33100 |
Udine |
(UD) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
07/07/2014 |
|
|
|
Board
Chairman |
07/07/2014 |
|
|
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Del Piero |
Nicoletta |
|
|
|
Born
in Civitavecchia |
(RM) |
on
12/10/1966 |
-
Fiscal Code : DLPNLT66R52C773Z |
|
|
|
Residence: |
|
Duomo |
, 42/A |
-
33018 |
Tarvisio |
(UD) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Auditor |
15/07/2013 |
|
|
|
|
Del Fabro |
Michela |
|
|
|
Born
in Milano |
(MI) |
on
04/01/1965 |
-
Fiscal Code : DLFMHL65A44F205Y |
|
|
|
Residence: |
|
Dei Martiri |
, 38/3 |
-
33010 |
Tavagnacco |
(UD) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
07/07/2014 |
|
|
|
|
Del Fabro |
Gianandrea |
|
|
|
Born
in Udine |
(UD) |
on
17/12/1968 |
- Fiscal
Code : DLFGND68T17L483U |
|
|
|
Residence: |
|
Poscolle |
, 71/A |
-
33100 |
Udine |
(UD) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
07/07/2014 |
|
|
|
Assistant
board Chairman |
07/07/2014 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No
Protests registered |
|
|
Dordolo |
Paola |
|
|
|
Born
in Udine |
(UD) |
on
31/01/1968 |
-
Fiscal Code : DRDPLA68A71L483M |
|
|
|
Residence: |
|
Roma |
, 86 |
-
33010 |
Reana del Roiale |
(UD) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
07/08/2013 |
|
|
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Rotondi |
Vito |
|
|
|
Born
in Milano |
(MI) |
on
11/08/1961 |
- Fiscal
Code : RTNVTI61M11F205S |
|
|
|
Residence: |
|
S. Schiavon |
, 15 |
-
35020 |
Ponte
San Nicolo' |
(PD) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
24/12/2014 |
|
|
|
Director |
26/05/2015 |
|
|
|
Managing
Director |
26/05/2015 |
|
|
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Liva |
Elisabetta |
|
|
|
Born
in Gemona del Friuli |
(UD) |
on
09/06/1985 |
-
Fiscal Code : LVILBT85H49D962T |
|
|
|
Residence: |
|
Dante
Alighieri |
, 137 |
-
33017 |
Tarcento |
(UD) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
07/08/2013 |
|
|
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Giusti |
Loris |
|
|
|
Born
in Udine |
(UD) |
on
08/09/1961 |
-
Fiscal Code : GSTLRS61P08L483B |
|
|
|
Residence: |
|
Dell'asilo |
, 5 |
-
33010 |
Tavagnacco |
(UD) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
07/08/2013 |
|
|
|
|
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.
|
|
Del Fabro |
Giorgio |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Friulstaff S.r.l. |
Reana del Roiale (UD) - IT - |
00223330309 |
Managing
Director |
Withdrawn |
Ceased |
|
Friulstaff S.r.l. |
Reana del Roiale (UD) - IT - |
00223330309 |
Director |
Withdrawn |
Ceased |
|
Friulstaff S.r.l. |
Reana del Roiale (UD) - IT - |
00223330309 |
Technical
Manager |
Withdrawn |
Ceased |
|
Friulstaff S.r.l. |
Reana del Roiale (UD) - IT - |
00223330309 |
Board
Chairman |
Withdrawn |
Ceased |
|
Beta
Systems S.r.l. |
Reana del Roiale (UD) - IT - |
01575330301 |
Director |
Withdrawn |
Registered |
|
A.c.m. Automatismi Costruzioni Meccaniche S.r.l. |
Reana del Roiale (UD) - IT - |
01565120308 |
Director |
Active |
Registered |
|
A.c.m. Automatismi Costruzioni Meccaniche S.r.l. |
Reana del Roiale (UD) - IT - |
01565120308 |
Assistant
board Chairman |
Withdrawn |
Registered |
|
A.c.m. Automatismi Costruzioni Meccaniche S.r.l. |
Reana del Roiale (UD) - IT - |
01565120308 |
Board
Chairman |
Active |
Registered |
|
Omes Officine Meccaniche
S.r.l. |
Reana del Roiale (UD) - IT - |
01414460301 |
Director |
Withdrawn |
Registered |
|
Omes Officine Meccaniche
S.r.l. |
Reana del Roiale (UD) - IT - |
01414460301 |
Director |
Withdrawn |
Registered |
|
Omes Officine Meccaniche
S.r.l. |
Reana del Roiale (UD) - IT - |
01414460301 |
Managing
Director |
Withdrawn |
Registered |
|
Ferrostaff S.r.l. |
Sedegliano (UD) - IT - |
02176980304 |
Managing
Director |
Active |
Registered |
|
Ferrostaff S.r.l. |
Sedegliano (UD) - IT - |
02176980304 |
Director |
Active |
Registered |
|
Ferrostaff S.r.l. |
Sedegliano (UD) - IT - |
02176980304 |
Assistant
board Chairman |
Withdrawn |
Registered |
|
Ferrostaff S.r.l. |
Sedegliano (UD) - IT - |
02176980304 |
Board
Chairman |
Active |
Registered |
|
M.e.p. Immobiliare S.r.l. |
Reana del Roiale (UD) - IT - |
02403840305 |
Director |
Withdrawn |
Registered |
|
M.e.p. Immobiliare S.r.l. |
Reana del Roiale (UD) - IT - |
02403840305 |
Board
Chairman |
Withdrawn |
Registered |
|
Mep Engineering S.r.l. |
Reana Del Rojale (UD) - IT - |
02801420304 |
Sole
Director |
Active |
Registered |
|
|
Del Fabro |
Gianandrea |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Beta
Systems S.r.l. |
Reana del Roiale (UD) - IT - |
01575330301 |
Director |
Withdrawn |
Registered |
|
Beta
Systems S.r.l. |
Reana del Roiale (UD) - IT - |
01575330301 |
Managing
Director |
Withdrawn |
Registered |
|
A.c.m. Automatismi Costruzioni Meccaniche S.r.l. |
Reana del Roiale (UD) - IT - |
01565120308 |
Director |
Active |
Registered |
|
|
Rotondi |
Vito |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Only
T-shirt S.r.l. |
Polverara (PD) - IT - |
02705340285 |
Director |
Active |
Registered |
|
Calearo Antenne S.p.a. |
Milano (MI) - IT - |
05059470962 |
Managing
Director |
Active |
Registered |
|
Calearo Antenne S.p.a. |
Milano (MI) - IT - |
05059470962 |
Director |
Active |
Registered |
|
Calearo Antenne S.p.a. |
Milano (MI) - IT - |
05059470962 |
General
Director |
Active |
Registered |
|
Mitan Technologies S.p.a. |
Trieste
(TS) - IT - |
01169160320 |
Director |
Active |
Registered |
|
Mitan Technologies S.p.a. |
Trieste
(TS) - IT - |
01169160320 |
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.
Capital Shareholders
Shareholders'
list as at date of data collection:
|
Firm's
Style / Name |
Seat /
Residence |
Fiscal
Code |
Owned Shares |
%
Ownership |
|
A.c.m. Automatismi Costruzioni Meccanich e S.r.l. |
Reana del Roiale - IT - |
01565120308 |
2.246.244
.Eur |
37,81 |
|
Del Fabro Giorgio |
Udine - IT - |
DLFGRG47B23L421U |
1.841.440
.Eur |
31,00 |
|
Del Fabro Marcello |
Udine - IT - |
DLFMCL41T18L421V |
593.816
.Eur |
9,99 |
|
Taboga Ermanno |
Buja - IT - |
TBGRNN61S24L483Y |
100.000
.Eur |
1,68 |
|
Del Fabro Michela |
Tavagnacco - IT - |
DLFMHL65A44F205Y |
500.000
.Eur |
8,41 |
|
Del Fabro Gianandrea |
Udine - IT - |
DLFGND68T17L483U |
658.500
.Eur |
11,07 |
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 |
|
Ferrostaff S.r.l. |
Sedegliano - IT - |
02176980304 |
90.000
.Eur |
90,00 |
|
|
Active |
|
Promostar S.r.l. |
Buja - IT - |
02319520306 |
10.340
.Eur |
18,80 |
|
|
Active |
|
Mep Engineering S.r.l. |
Reana Del Rojale - IT - |
02801420304 |
20.000
.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 |
|
|
|
|
|
|
|
Leonardo
Da Vinci |
, 20 |
-
33010 |
- Reana del Roiale |
(UD) |
- IT - |
|
|
|
|
PHONE |
:
04328514552 |
|
|
|
|
FAX |
:
0432880140 |
|
|
|
|
Email |
:
mep@mepgroup.com |
|
|
|
|
Legal
mail |
:
MEP@CERT.MEPGROUP.COM |
|
- |
Branch |
(Warehouse) |
since
07/08/1996 |
|
|
|
|
|
|
Del Municipio |
, 25 |
-
33010 |
- Reana del Roiale |
(UD) |
- IT - |
|
- |
Branch |
(Warehouse) |
since
06/02/1998 |
|
|
|
|
|
|
Leonardo
Da Vinci |
, 31 |
-
33010 |
- Reana del Roiale |
(UD) |
- IT - |
|
- |
Branch |
(Warehouse) |
since
01/01/2011 |
|
|
|
|
|
|
Polvaries |
, 4/6 |
- 33030 |
- Buja |
(UD) |
- IT - |
|
|
|
|
Employees |
: 175 |
|
Fittings
and Equipment for a value of 580.000 |
Eur |
|
Stocks
for a value of 20.310.000 |
Eur |
|
Furniture
and fittings for a value of 200.000 |
Eur |
|
Vehicles
for a value of 180.000 |
Eur |
Trade
organization: direct or by agents.
The
company sells in Italy and abroad.
The
company 's mainly customers are companies.
|
|
The firm
operates abroad as importer / exporter..
Import
comes generally from the following nations:
|
- Great
Britain |
|
- Svizzera |
|
-
Germany |
|
-
France |
Export
is mainly towards:
|
-
TUTTO IL CONTINENTE |
The
subject firm uses the following own selling brands:
|
-
M.E.P. |
Traded Brands / Suppliers
|
- EURO
COMET |
|
- ELETTRONIC
MARKET SRL |
Historical Information and/or Firm's Status
CHANGES
TO THE LEGAL FORM:
|
Former
legal form |
New
legal form |
Changement Date |
|
Limited
partnership |
Joint
stock company |
24/08/1978 |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The
firm absorved |
|
|
|
|
|
|
|
|
L. Da Vinci |
, 31 |
,
33010 |
, Reana del Roiale |
(UD) |
- IT - |
|
|
|
Fiscal
Code: 00223330309 |
|
|
|
Date |
: |
06/10/2003 |
|
|
Project
of merging by taking over of |
|
|
|
|
|
|
|
|
L. Da Vinci |
, 31 |
,
33010 |
, Reana del Roiale |
(UD) |
- IT - |
|
|
|
Fiscal
Code: 00223330309 |
|
|
|
Date |
Merging/splitting-up
project: |
20/05/2003 |
|
|
The
firm absorbed by merging of |
|
|
|
|
|
|
|
|
L. Da Vinci |
, 31 |
,
33010 |
, Reana del Roiale |
(UD) |
- IT - |
|
|
|
Fiscal
Code: 00223330309 |
|
|
|
Date |
: |
06/10/2003 |
|
|
Splitting-up
project and setting-up of new co |
|
|
|
Date |
Merging/Splitting-up
Project-New Company: |
27/06/2005 |
|
|
Splitting-up
and setting-up of a new company |
|
|
|
|
|
|
|
, Reana Del Rojale |
(UD) |
- IT - |
|
|
|
Date |
Splitting-up:
|
26/09/2005 |
|
|
Project
of merging by taking over of |
|
|
|
|
|
|
|
|
Leonardo
Da Vinci |
, 20 |
,
33010 |
, Reana del Roiale |
(UD) |
- IT - |
|
|
|
Fiscal
Code: 02403840305 |
|
|
|
Date |
Merging/splitting-up
project: |
29/06/2009 |
|
|
The
firm absorbed by merging of |
|
|
|
|
|
|
|
|
Leonardo
Da Vinci |
, 20 |
,
33010 |
, Reana del Roiale |
(UD) |
- IT - |
|
|
|
Fiscal
Code: 02403840305 |
|
|
|
Date |
: |
09/12/2009 |
|
|
Project
of merging by taking over of |
|
|
|
|
|
|
|
|
Leonardo
Da Vinci |
, 31 |
,
33010 |
, Reana del Roiale |
(UD) |
- IT - |
|
|
|
Fiscal
Code: 01575330301 |
|
|
|
Date |
Merging/splitting-up
project: |
25/06/2010 |
|
|
The firm
absorbed by merging of |
|
|
|
|
|
|
|
|
PATRIARCATO |
, 8 |
,
33100 |
, Udine |
(UD) |
- IT - |
|
|
|
Fiscal
Code: 01912570304 |
|
|
|
Date |
: |
14/12/2010 |
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.
Bankers
The firm
operates with:
|
Bank
Name |
Agency
Name |
Address |
ZIP
Code |
City |
ABI
Code |
CAB
Code |
|
CASSA
RISP.DEL FRIULI VENEZIA GIULIA |
FILIALE
DI REANA DEL ROIALE |
VIA
NAZIONALE, 21 |
|
REANA
DEL ROIALE (UD) |
6340 |
64150 |
|
UNICREDIT
BANCA SPA |
REANA |
VIA
SAN GIOVANNI, 41 |
|
REANA
DEL ROIALE (UD) |
2008 |
64150 |
Financial and Economical Analysis
Subject
is active since 1966
An eco-fin
analysis has been made on the base od the b/s fo the years 2011, 2012 and 2013.
Unstable
economic results mark the company's financial state of affairs. with a negative
economic result in the last financial year.
The
operating result is negative.
The
operating result is negative (Eur. -1.544.675).
The
economic management produced a gross operating margin of Eur.
1.108.013 with a more then 100% increase as opposed to the preceding year.
The
financial status of the company is fairly balanced with an indebtedness level
of 1,96 and decreasing as against 2012.
Subject
can manage an equity capital funds for an amount of Eur.
26.707.210 on the same levels as the year before.
Eur. 53.653.642 is the amount of total debts, both commercial and of
different nature, showing a stable trend as opposed to 2012 (Eur. 64.735.156).
Financial
indebtedness is considered fair whereas the recourse to commercial borrowings
is high and higher than sector's average.
Liquidity
is however good.
Due from
customers average term is high and equal to 127,1 days. within the average
values of the sector.
During
financial year 2013 the cash flow amounted to Eur.
745.810
During
2013 financial year labour costs amounted to Eur. 10.044.642, with a 19,25% incidence on production
costs. , whereas the incidence on sales revenues is of 17,3%.
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 |
58.050.330 |
|
Profit
(Loss) for the period |
-1.906.878 |
|
|
|
Complete
balance-sheet for the year |
al
31/12/2012 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
61.911.145 |
|
Profit
(Loss) for the period |
-3.074.462 |
|
|
|
Complete
balance-sheet for the year |
al
31/12/2011 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
72.568.441 |
|
Profit
(Loss) for the period |
453.190 |
|
|
|
Complete
balance-sheet for the year |
al
31/12/2010 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
67.528.260 |
|
Profit
(Loss) for the period |
130.013 |
|
|
|
Complete
balance-sheet for the year |
al
31/12/2009 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
54.160.642 |
|
Profit
(Loss) for the period |
-2.029.189 |
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 |
0,33 |
0,30 |
0,29 |
0,17 |
|
Elasticity
Ratio |
Units |
0,66 |
0,70 |
0,71 |
0,80 |
|
Availability
of stock |
Units |
0,24 |
0,29 |
0,32 |
0,27 |
|
Total
Liquidity Ratio |
Units |
0,42 |
0,41 |
0,39 |
0,50 |
|
Quick
Ratio |
Units |
0,02 |
0,03 |
0,01 |
0,03 |
|
COMPOSITION
ON SOURCE |
|
|
|
|
|
|
Net
Short-term indebtedness |
Units |
1,96 |
2,24 |
1,99 |
3,14 |
|
Self
Financing Ratio |
Units |
0,32 |
0,28 |
0,32 |
0,19 |
|
Capital
protection Ratio |
Units |
0,92 |
1,01 |
0,80 |
0,68 |
|
Liabilities
consolidation quotient |
Units |
0,03 |
0,03 |
0,03 |
0,18 |
|
Financing |
Units |
2,01 |
2,36 |
2,03 |
3,79 |
|
Permanent
Indebtedness Ratio |
Units |
0,34 |
0,30 |
0,34 |
0,34 |
|
M/L term
Debts Ratio |
Units |
0,02 |
0,02 |
0,02 |
0,09 |
|
Net
Financial Indebtedness Ratio |
Units |
1,02 |
1,32 |
1,08 |
0,77 |
|
CORRELATION |
|
|
|
|
|
|
Fixed
assets ratio |
Units |
1,02 |
1,00 |
1,19 |
1,75 |
|
Current
ratio |
Units |
1,04 |
1,05 |
1,09 |
1,23 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
0,67 |
0,62 |
0,60 |
0,78 |
|
Structure's
primary quotient |
Units |
0,96 |
0,94 |
1,13 |
1,04 |
|
Treasury's
primary quotient |
Units |
0,03 |
0,05 |
0,02 |
0,05 |
|
Rate
of indebtedness ( Leverage ) |
% |
316,05 |
357,54 |
311,01 |
518,96 |
|
Current
Capital ( net ) |
Value |
2.352.070 |
3.558.302 |
6.106.729 |
406.983 |
|
RETURN |
|
|
|
|
|
|
Return
on Sales |
% |
1,28 |
0,17 |
3,90 |
3,69 |
|
Return
on Equity - Net- ( R.O.E. ) |
% |
-7,14 |
-11,20 |
1,33 |
5,16 |
|
Return
on Equity - Gross - ( R.O.E. ) |
% |
-8,00 |
-14,93 |
4,34 |
17,72 |
|
Return
on Investment ( R.O.I. ) |
% |
-1,83 |
-3,59 |
2,05 |
3,94 |
|
Return/
Sales |
% |
-2,66 |
-5,69 |
2,99 |
4,48 |
|
Extra
Management revenues/charges incid. |
% |
n.c. |
n.c. |
20,90 |
26,52 |
|
Cash
Flow |
Value |
745.810 |
106.935 |
2.833.297 |
142.024 |
|
Operating
Profit |
Value |
-1.544.675 |
-3.522.967 |
2.168.675 |
126.602 |
|
Gross
Operating Margin |
Value |
1.108.013 |
-341.570 |
4.548.782 |
241.461 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits
to clients average term |
Days |
127,10 |
112,20 |
131,85 |
116,01 |
|
Debts
to suppliers average term |
Days |
189,00 |
160,78 |
152,44 |
127,79 |
|
Average
stock waiting period |
Days |
125,98 |
163,81 |
165,99 |
96,89 |
|
Rate of
capital employed return ( Turnover ) |
Units |
0,69 |
0,63 |
0,69 |
1,03 |
|
Rate
of stock return |
Units |
2,86 |
2,20 |
2,17 |
3,58 |
|
Labour cost incidence |
% |
17,30 |
18,38 |
16,35 |
21,20 |
|
Net
financial revenues/ charges incidence |
% |
0,97 |
-1,26 |
-0,64 |
-1,00 |
|
Labour cost on purchasing expenses |
% |
19,25 |
18,27 |
16,47 |
20,95 |
|
Short-term
financing charges |
% |
2,18 |
2,22 |
2,11 |
2,70 |
|
Capital
on hand |
% |
145,41 |
158,51 |
145,93 |
96,90 |
|
Sales
pro employee |
Value |
185.464 |
174.397 |
196.130 |
191.520 |
|
Labour cost pro employee |
Value |
32.091 |
32.055 |
32.059 |
39.641 |
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 |
: |
|
Sector Data
The values
are calculated on a base of 45 significant companies.
The
companies cash their credits on an average of 116 dd.
The
average duration of suppliers debts is about 128 dd.
The
sector's profitability is on an average of 3,69%.
The labour cost affects the turnover in the measure of 21,20%.
Goods
are held in stock in a range of 97 dd.
The
difference between the sales volume and the resources used to realize it is
about 1,03.
The
employees costs represent the 20,95% of the production costs.
Statistical Detrimental Data
Statistcally the trade activity shows periods of crisis.
The area
is statistically considered lowly risky.
In the
region 3.901 protested subjects are found; in the province they count to 1.638.
The
insolvency index for the region is 0,33, , while for the province it is 0,31.
Total
Bankrupt companies in the province : 2.215.
Total
Bankrupt companies in the region : 5.085.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.01 |
|
|
1 |
Rs.99.84 |
|
Euro |
1 |
Rs.70.16 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.