MIRA INFORM REPORT
|
Report No. : |
337464 |
|
Report Date : |
26.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
ROSSI S.P.A. |
|
|
|
|
Registered Office : |
Via Emilia Ovest, 915/A, 41123 - Modena (MO) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
02.11.1983 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture of Bearings, Gears, Gearing and
Driving Elements (Except Hydraulics) |
|
|
|
|
No. of Employees : |
From 500 to 750 |
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 – 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
ROSSI S.P.A.
Via
Emilia Ovest, 915/A
41123
- Modena (MO) -IT-
Summary
|
Fiscal
Code |
: |
07184950157 |
|
Legal
Form |
: |
Joint
stock company |
|
start
of Activities |
: |
20/07/1988 |
|
Equity |
: |
Over
2.582.254 |
|
Turnover
Range |
: |
100.000.000/150.000.000
|
|
Number
of Employees |
: |
from
500 to 750 |
Activity
Manufacture
of bearings, gears, gearing and driving elements (except hydraulics)
Legal
Data
Legal
Form : Joint stock company
|
Fiscal
Code : 07184950157 |
|
Foreign
Trade Reg. no. : MO003648 since 17/12/1991 |
|
Chamber
of Commerce no. : 149370 of Caserta |
|
Chamber
of Commerce no. : 284204 of Lecce |
|
Chamber
of Commerce no. : 1143375 of Milano |
|
Chamber
of Commerce no. : 247959 of Modena since 26/10/1988 |
|
Chamber
of Commerce no. : 218507 of Padova |
|
Chamber
of Commerce no. : 244840 of Parma |
|
Chamber
of Commerce no. : 729156 of Torino |
|
Firms'
Register : MO023-29555 of Modena since 19/02/1996 |
|
V.A.T.
Code : 01855520365 |
|
Foundation
date |
:
02/11/1983 |
|
|
Establishment
date |
:
02/11/1983 |
|
|
Start
of Activities |
:
20/07/1988 |
|
|
Legal
duration |
:
31/12/2050 |
|
|
Nominal
Capital |
:
3.100.000 |
|
|
Subscribed
Capital |
:
3.100.000 |
|
|
Paid
up Capital |
:
3.100.000 |
|
Legal
mail : |
ROSSIMOTORIDUTTORI@LEGALMAIL.IT |
Members
|
|
Bava |
Giuseppe |
|
|
Born
in Asti |
(AT) |
on
14/04/1959 |
-
Fiscal Code : BVAGPP59D14A479S |
|
|
Residence: |
Gerolamo
Tiraboschi |
,
15 |
-
20135 |
Milano |
(MI) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
11/02/2015 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Habegger |
Thomas |
|
|
Born
in Basel |
(
) |
on
13/02/1963 |
-
Fiscal Code : HBGTMS63B13Z133T |
|
|
Residence: |
Im
Sabelacker |
,
2 |
Biel-benken |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
22/05/2015 |
|
|
Volpi |
Giovanni |
|
|
Born
in Lucca |
(LU) |
on
16/05/1935 |
-
Fiscal Code : VLPGNN35E16E715F |
|
|
Residence: |
Di
Porta Nuova |
,
12 |
-
20121 |
Milano |
(MI) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
22/05/2015 |
||
|
Board
Chairman |
22/05/2015 |
||
|
Managing
Director |
22/05/2015 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Habasit
Holding Ag |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Zanotti |
Vittoriano |
|
|
Born
in Carpi |
(MO) |
on
16/05/1950 |
-
Fiscal Code : ZNTVTR50E16B819A |
|
|
Residence: |
Olivelli |
,
22 |
-
41012 |
Carpi |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Notari |
Sauro |
|
|
Born
in Campogalliano |
(MO) |
on
08/10/1954 |
-
Fiscal Code : NTRSRA54R08B539Z |
|
|
Residence: |
Messineo |
,
12 |
-
41049 |
Sassuolo |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Baiocchi |
Fabio |
|
|
Born
in Modena |
(MO) |
on
11/05/1969 |
-
Fiscal Code : BCCFBA69E11F257A |
|
|
Residence: |
Fratelli
Cairoli |
,
55/1 |
-
41125 |
Modena |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Bertolini |
Francesco |
|
|
Born
in Reggio Emilia |
(RE) |
on
14/06/1975 |
-
Fiscal Code : BRTFNC75H14H223Y |
|
|
Residence: |
Iv
Novembre |
,
7/5 |
-
42020 |
Albinea |
(RE) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Franchini |
Tiziano |
|
|
Born
in Spilamberto |
(MO) |
on
08/09/1957 |
-
Fiscal Code : FRNTZN57P08I903B |
|
|
Residence: |
Emilia
Est |
,
190/1 |
-
41124 |
Modena |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Lazzari |
Andrea |
|
|
Born
in Cento |
(FE) |
on
19/09/1974 |
-
Fiscal Code : LZZNDR74P19C469R |
|
|
Residence: |
Volano |
,
237/15 |
-
44123 |
Ferrara |
(FE) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Lugli |
Stefano |
|
|
Born
in Modena |
(MO) |
on
20/09/1965 |
-
Fiscal Code : LGLSFN65P20F257M |
|
|
Residence: |
Mazzini |
,
253 |
-
41019 |
Soliera |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Protests registered |
|
|
Maggiore |
Brizio
Luigi |
|
|
Born
in Lecce |
(LE) |
on
20/04/1963 |
-
Fiscal Code : MGGBZL63D20E506E |
|
|
Residence: |
Campania |
,
4 |
-
73021 |
Calimera |
(LE) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Protests registered |
|
|
Gardini |
Angelo |
|
|
Born
in Forlimpopoli |
(FO) |
on
13/09/1969 |
-
Fiscal Code : GRDNGL69P13D705Q |
|
|
Residence: |
Mario
Quartaroli |
,
25 |
-
47121 |
Forli' |
(FO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Protests registered |
|
|
Parea |
Francesco |
|
|
Born
in Modena |
(MO) |
on
23/05/1965 |
-
Fiscal Code : PRAFNC65E23F257O |
|
|
Residence: |
Vincenzo
Bellini |
,
67 |
-
41121 |
Modena |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Protests registered |
|
|
Paterlini |
Carlo |
|
|
Born
in Reggio Emilia |
(RE) |
on
23/02/1967 |
-
Fiscal Code : PTRCRL67B23H223Z |
|
|
Residence: |
Giuliano
Da Sangallo |
,
12 |
-
42123 |
Reggio
Emilia |
(RE) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Protests registered |
|
|
Veroni |
Claudio |
|
|
Born
in Reggio Emilia |
(RE) |
on
17/10/1970 |
-
Fiscal Code : VRNCLD70R17H223Q |
|
|
Residence: |
Mussini |
,
18 |
-
42015 |
Correggio |
(RE) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
17/09/2014 |
|
|
No
Protests registered |
|
|
Bisi |
Franca |
|
|
Born
in Modena |
(MO) |
on
15/09/1963 |
-
Fiscal Code : BSIFNC63P55F257F |
|
|
Residence: |
Sant
Agata |
,
15 |
-
41121 |
Modena |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
11/02/2015 |
|
|
No
Protests registered |
|
|
Torelli |
Corrado |
|
|
Born
in Reggio Emilia |
(RE) |
on
05/11/1963 |
-
Fiscal Code : TRLCRD63S05H223I |
|
|
Residence: |
Italo
Svevo |
,
40/01 |
-
42123 |
Reggio
Emilia |
(RE) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
11/02/2015 |
|
|
No
Protests registered |
|
|
Lo
Greco |
Enrico |
|
|
Born
in Alfonsine |
(RA) |
on
15/02/1976 |
-
Fiscal Code : LGRNRC76B15A191J |
|
|
Residence: |
Gianguido
Borghese |
,
4 |
-
40133 |
Bologna |
(BO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
11/02/2015 |
|
|
No
Protests registered |
|
|
Papa |
Marco |
|
|
Born
in Carpi |
(MO) |
on
01/05/1963 |
-
Fiscal Code : PPAMRC63E01B819G |
|
|
Residence: |
Lucio
Saltini |
,
12 |
-
41012 |
Carpi |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
11/02/2015 |
|
|
No
Protests registered |
|
|
Guidi |
Enzo |
|
|
Born
in Modena |
(MO) |
on
09/05/1961 |
-
Fiscal Code : GDUNZE61E09F257W |
|
|
Residence: |
Viazzola |
,
2384 |
-
41017 |
Ravarino |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
11/02/2015 |
|
|
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.
|
|
Volpi |
Giovanni |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Habasit
Italiana S.p.a. |
Cesano
Boscone (MI) - IT - |
03214700159 |
Director |
Withdrawn |
Registered |
|
Habasit
Italiana S.p.a. |
Cesano
Boscone (MI) - IT - |
03214700159 |
Attorney
General |
Withdrawn |
Registered |
|
Habasit
Italiana S.p.a. |
Cesano
Boscone (MI) - IT - |
03214700159 |
Procurator |
Withdrawn |
Registered |
|
Habasit
Italiana S.p.a. |
Cesano
Boscone (MI) - IT - |
03214700159 |
Manager |
Withdrawn |
Registered |
|
Habasit
Italiana S.p.a. |
Cesano
Boscone (MI) - IT - |
03214700159 |
Board
Chairman |
Withdrawn |
Registered |
|
Plastomeccanica
- S.p.a. |
Vittorio
Veneto (TV) - IT - |
01158750263 |
Board
Chairman |
Withdrawn |
Merged |
|
Cobelt
- S.r.l. |
Valdengo
(BI) - IT - |
01315060028 |
Vice-Chairman |
Withdrawn |
Ceased |
|
Cobelt
- S.r.l. |
Valdengo
(BI) - IT - |
01315060028 |
Director |
Withdrawn |
Ceased |
|
Habasit
Engineering Srl |
Milano
(MI) - IT - |
09083880154 |
Board
Chairman |
Withdrawn |
Ceased |
|
Development
S.p.a. |
Milano
(MI) - IT - |
11795420154 |
Procurator |
Withdrawn |
Registered |
|
Plastomeccanica
S.p.a. |
Vittorio
Veneto (TV) - IT - |
00322150269 |
Director |
Withdrawn |
Merged |
|
Plastomeccanica
S.p.a. |
Vittorio
Veneto (TV) - IT - |
00322150269 |
Board
Chairman |
Withdrawn |
Merged |
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 |
|
Habasit
Italiana S.p.a. |
Cesano
Boscone - IT - |
03214700159 |
310.000
.Eur |
10,00 |
|
Habasit
Holding Ag |
80170730156 |
2.790.000
.Eur |
90,00 |
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 |
|
Euro
Castings S.p.a. |
Reggio
Emilia - IT - |
00128430352 |
6
.Eur |
Active |
|||
|
Caf
Dell'industria Dell'emilia-romagna S .p.a. In Forma Abbreviata Cafindustria |
Bologna
- IT - |
04165140379 |
2.600
.Eur |
0,68 |
Active |
||
|
Fondazione
Democenter-sipe |
Modena
- IT - |
01989190366 |
729
.Eur |
0,06 |
Active |
||
|
Sada
Plus - Societa' A Responsabilita' L imitata |
Modena
- IT - |
02008690360 |
258
.Eur |
2,50 |
Active |
||
|
Nuova
Didactica - Societa' Consortile A Responsabilita' Limitata |
Modena
- IT - |
02526930363 |
2.754
.Eur |
2,45 |
Active |
||
|
Crit-
Centro Di Ricerca E Innovazione Te cnologica S.r.l. Abbreviabile In Crit S. |
Vignola
- IT - |
02648490361 |
30.800
.Eur |
7,44 |
Active |
||
|
Consorzio
Sviluppoenergia 1 |
Modena
- IT - |
02644600369 |
Active |
Firm's
location and structure
In
order to carry out its activities the firm uses the following locations:
|
- |
Legal
and operative seat |
|
Emilia
Ovest |
,
915/A |
-
41100 |
-
Modena |
(MO) |
-
IT - |
|
PHONE |
:
059826707 |
|
PHONE |
:
059330288 |
|
FAX |
:
059827774 |
|
Legal
mail |
:
ROSSIMOTORIDUTTORI@LEGALMAIL.IT |
|
- |
Branch |
(Workshop) |
since
23/12/1988 |
|
F.
Bellotti |
,
67/69 |
-
41100 |
-
Modena |
(MO) |
-
IT - |
|
PHONE |
:
059330288 |
|
- |
Branch |
(Factory) |
since
01/09/1989 |
|
Nazionale
Per Carpi |
,
1365 |
-
41100 |
-
Modena |
(MO) |
-
IT - |
|
PHONE |
:
059330288 |
|
- |
Branch |
(Workshop) |
since
01/08/1998 |
|
Bellotti
66/68 |
,
70/72 |
-
41100 |
-
Modena |
(MO) |
-
IT - |
|
PHONE |
:
059330288 |
|
- |
Branch |
(Factory) |
since
01/05/2000 |
|
Emilia
Ovest |
,
1005 |
-
41100 |
-
Modena |
(MO) |
-
IT - |
|
PHONE |
:
059330288 |
|
- |
Branch |
(Factory) |
since
01/02/2005 |
|
Bellotti |
,
15 |
-
41100 |
-
Modena |
(MO) |
-
IT - |
|
- |
Branch |
(Administrative
office) |
since
08/09/2008 |
|
Bellotti |
,
5 |
-
41100 |
-
Modena |
(MO) |
-
IT - |
|
- |
Branch |
(office) |
since
03/07/2012 |
|
Gaetano
Salvemini |
,
26 |
-
41100 |
-
Modena |
(MO) |
-
IT - |
|
- |
Branch |
(Factory) |
since
01/10/2010 |
|
Zona
Industriale |
,
. |
-
73100 |
-
Lecce |
(LE) |
-
IT - |
|
- |
Branch |
(Factory) |
since
01/10/2010 |
|
Olanda |
,
SN |
-
73010 |
-
Surbo |
(LE) |
-
IT - |
|
- |
Branch |
(Factory) |
since
01/10/2010 |
|
Spagna |
,
14 |
-
73010 |
-
Surbo |
(LE) |
-
IT - |
|
- |
Branch |
(Sales
office) |
since
20/07/1988 |
|
Palermo |
,
28/30 |
-
20094 |
-
Assago |
(MI) |
-
IT - |
|
- |
Branch |
|
Savelli |
,
120 |
-
35100 |
-
Padova |
(PD) |
-
IT - |
|
Employees |
:
703 |
|
Fittings
and Equipment for a value of 9.510.000 |
Eur |
|
Stocks
for a value of 40.990.000 |
Eur |
Sells
by agents with warehouse.
Sales
area on a national scale.
To
purchase foreign products the firm uses the following channels :
|
-
distributors |
Products
abroad are placed by :
|
-
importers |
|
-
its own sales net-work |
|
-
its own foreign branches |
|
-
direct orders from foreign companies |
Import
comes generally from the following nations:
|
-
Italy |
|
-
Great Britain |
|
-
Germany |
Historical Information and/or Firm's Status
COMPANY STYLE
MODIFICATIONS:
|
Former
Style |
New
Style |
Changement
Date |
|
Mibre
S.p.a. |
22/12/1988 |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The
firm absorbed by merging of |
|
|
|
|
Statale
Per Carpi |
,
1365 |
,
41100 |
,
Modena |
(MO) |
-
IT - |
|
|
Fiscal
Code: 00217550367 |
|
|
Date
|
:
|
20/07/1995 |
|
|
Splitting-up
and transfer of assets to |
|
|
|
|
Emilia
Centro |
,
64 |
,
41100 |
,
Modena |
(MO) |
-
IT - |
|
|
Fiscal
Code: 03707250159 |
|
|
Date
|
Splitting-up:
|
14/10/2004 |
|
|
The
firm absorbed by merging of |
|
|
|
|
Archimede |
,
115 |
,
41019 |
,
Soliera |
(MO) |
-
IT - |
|
|
Fiscal
Code: 02351220369 |
|
|
Date
|
:
|
12/11/2008 |
|
|
Project
of splitting-up and tranfer into |
|
|
|
|
Emilia
Centro |
,
64 |
,
41100 |
,
Modena |
(MO) |
-
IT - |
|
|
Fiscal
Code: 03707250159 |
|
|
Date
|
Merging/splitting-up
project: |
10/09/2004 |
|
|
Project
of merging by taking over of |
|
|
|
|
Archimede |
,
115 |
,
41019 |
,
Soliera |
(MO) |
-
IT - |
|
|
Fiscal
Code: 02351220369 |
|
|
Date
|
Merging/splitting-up
project: |
14/05/2008 |
|
|
Project
of merging by taking over of |
|
|
|
|
Zona
Industriale |
,
73100 |
,
Lecce |
(LE) |
-
IT - |
|
|
Fiscal
Code: 00231500752 |
|
|
Date
|
Merging/splitting-up
project: |
04/01/2010 |
|
|
The
firm absorbed by merging of |
|
|
|
|
Zona
Industriale |
,
73100 |
,
Lecce |
(LE) |
-
IT - |
|
|
Fiscal
Code: 00231500752 |
|
|
Date
|
:
|
01/10/2010 |
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.
Financial
and Economical Analysis
Subject
is active since 1988
An
eco-fin analysis has been made on the base od the b/s fo the years 2012, 2013
and 2014.
Under
an economic point of view, profits were registered during the last years with a
r.o.e. of 3,89% in 2014 with a stable trend in the turnover.
The
operating result in 2014 was positive (3,09%) falling within the field's
average.
The
amount of the operating result for the year 2014 is of Eur. 4.077.092 with an
increase of more then 100% if the compared to the previous financial year.
The
G.O.M. amounted to Eur. 9.817.586 growing by 31,52% if compared to the year
before.
The
company has an excellent net worth if compared to its debts, with a low
indebtedness (0,2) lower than in 2013.
With
regard to equity capital, an amount of Eur. 98.234.610 is registered. , stable
in comparison with the value of the previous year.
Total
indebtedness amounts to Eur. 31.506.046, whereas in the year before they
amounted to Eur. 46.590.836, with a -32,37% drop.
The
company does not exceed in bank credits; payments average period is instead
slightly high (115,04 gg.) however still within the sector's average.
It
shows a good range of liquidity.
Credits
are collected in 89,8 days on the average. , value within the sector's average.
As
far as the cash flow is concerned during the latest financial year it amounted
to Eur. 9.492.413
Subordinate
employment cost is of Eur. 29.753.989, i.e. 28,38% on total production costs.
and a 27,86% incidence on sales volumes.
The
financial charges are lower than the financial incomes.
Financial
Data
|
|
Complete
balance-sheet for the year |
al
31/12/2014 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
106.793.111 |
|
Profit
(Loss) for the period |
3.824.919 |
|
|
Complete
balance-sheet for the year |
al
31/12/2013 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
110.050.896 |
|
Profit
(Loss) for the period |
4.370.058 |
|
|
Complete
balance-sheet for the year |
al
31/12/2012 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
103.981.007 |
|
Profit
(Loss) for the period |
2.845.717 |
|
|
Complete
balance-sheet for the year |
al
31/12/2011 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
105.826.856 |
|
Profit
(Loss) for the period |
3.764.193 |
|
|
Complete
balance-sheet for the year |
al
31/12/2010 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
100.561.137 |
|
Profit
(Loss) for the period |
1.112.034 |
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 31/12/2014 - 12 Mesi - Currency: - Amounts x 1 |
|
-
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
RATIOS |
Value
Type |
as
at 31/12/2014 |
as
at 31/12/2013 |
as
at 31/12/2012 |
Sector
Average |
|
COMPOSITION
ON INVESTMENT |
|||||
|
Rigidity
Ratio |
Units |
0,19 |
0,19 |
0,22 |
0,26 |
|
Elasticity
Ratio |
Units |
0,81 |
0,81 |
0,78 |
0,73 |
|
Availability
of stock |
Units |
0,31 |
0,31 |
0,33 |
0,23 |
|
Total
Liquidity Ratio |
Units |
0,50 |
0,50 |
0,45 |
0,44 |
|
Quick
Ratio |
Units |
0,09 |
0,07 |
0,06 |
0,02 |
|
COMPOSITION
ON SOURCE |
|||||
|
Net
Short-term indebtedness |
Units |
0,20 |
0,37 |
0,31 |
1,74 |
|
Self
Financing Ratio |
Units |
0,74 |
0,63 |
0,65 |
0,29 |
|
Capital
protection Ratio |
Units |
0,89 |
0,92 |
0,93 |
0,64 |
|
Liabilities
consolidation quotient |
Units |
0,15 |
0,16 |
0,27 |
0,22 |
|
Financing |
Units |
0,32 |
0,51 |
0,45 |
2,30 |
|
Permanent
Indebtedness Ratio |
Units |
0,78 |
0,68 |
0,72 |
0,46 |
|
M/L
term Debts Ratio |
Units |
0,03 |
0,05 |
0,07 |
0,11 |
|
Net
Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,06 |
0,49 |
|
CORRELATION |
|||||
|
Fixed
assets ratio |
Units |
4,12 |
3,56 |
3,33 |
1,63 |
|
Current
ratio |
Units |
3,39 |
2,64 |
3,02 |
1,32 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
2,09 |
1,64 |
1,73 |
0,86 |
|
Structure's
primary quotient |
Units |
3,94 |
3,30 |
3,00 |
1,05 |
|
Treasury's
primary quotient |
Units |
0,39 |
0,24 |
0,23 |
0,04 |
|
Rate
of indebtedness ( Leverage ) |
% |
134,51 |
159,24 |
153,99 |
349,01 |
|
Current
Capital ( net ) |
Value |
75.441.805 |
72.419.929 |
69.404.204 |
753.266 |
|
RETURN |
|||||
|
Return
on Sales |
% |
8,89 |
9,58 |
9,21 |
5,13 |
|
Return
on Equity - Net- ( R.O.E. ) |
% |
3,89 |
4,82 |
3,30 |
7,27 |
|
Return
on Equity - Gross - ( R.O.E. ) |
% |
5,68 |
7,02 |
3,97 |
15,95 |
|
Return
on Investment ( R.O.I. ) |
% |
3,09 |
0,79 |
-1,33 |
5,36 |
|
Return/
Sales |
% |
3,82 |
1,03 |
-1,69 |
5,57 |
|
Extra
Management revenues/charges incid. |
% |
93,81 |
384,80 |
n.c. |
42,11 |
|
Cash
Flow |
Value |
9.492.413 |
10.545.603 |
9.576.884 |
344.143 |
|
Operating
Profit |
Value |
4.077.092 |
1.135.670 |
-1.760.911 |
359.008 |
|
Gross
Operating Margin |
Value |
9.817.586 |
7.464.215 |
5.298.256 |
705.726 |
|
MANAGEMENT |
|||||
|
Credits
to clients average term |
Days |
89,80 |
125,40 |
104,44 |
101,37 |
|
Debts
to suppliers average term |
Days |
115,04 |
144,91 |
94,01 |
115,52 |
|
Average
stock waiting period |
Days |
138,19 |
144,41 |
153,20 |
80,62 |
|
Rate
of capital employed return ( Turnover ) |
Units |
0,81 |
0,76 |
0,78 |
1,07 |
|
Rate
of stock return |
Units |
2,61 |
2,49 |
2,35 |
4,40 |
|
Labour
cost incidence |
% |
27,86 |
29,83 |
30,84 |
16,91 |
|
Net
financial revenues/ charges incidence |
% |
0,78 |
0,58 |
0,42 |
-1,19 |
|
Labour
cost on purchasing expenses |
% |
28,38 |
29,45 |
30,39 |
17,25 |
|
Short-term
financing charges |
% |
0,11 |
0,84 |
1,12 |
2,71 |
|
Capital
on hand |
% |
123,73 |
131,07 |
127,68 |
93,00 |
|
Sales
pro employee |
Value |
114.954 |
107.366 |
103.773 |
223.920 |
|
Labour
cost pro employee |
Value |
32.027 |
32.026 |
32.008 |
35.625 |
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 918 significant companies.
The
companies cash their credits on an average of 101 dd.
The
average duration of suppliers debts is about 116 dd.
The
sector's profitability is on an average of 5,13%.
The
labour cost affects the turnover in the measure of 16,91%.
Goods
are held in stock in a range of 81 dd.
The
difference between the sales volume and the resources used to realize it is
about 1,07.
The
employees costs represent the 17,25% 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 18.860 protested subjects are found; in the province they count to
3.557.
The
insolvency index for the region is 0,46, , while for the province it is 0,55.
Total
Bankrupt companies in the province : 2.526.
Total
Bankrupt companies in the region : 14.698.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.71 |
|
|
1 |
Rs.105.10 |
|
Euro |
1 |
Rs.77.11 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.