|
Report No. : |
353528 |
|
Report Date : |
12.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
GUIDONI EXPORTAÇÃO LTDA |
|
|
|
|
Registered Office : |
Rodovia Gether Lopes De Farias, S/Nº. KM,48 BOX 01 - Zona Rura 29745-000 - São Domingos Do Norte/ES |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
10.07.2009 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of marble and granite. |
|
|
|
|
No. of Employee : |
10 |
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 : |
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) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BRAZIL ECONOMIC OVERVIEW
Characterized
by large and well-developed agricultural, mining, manufacturing, and service
sectors, and a rapidly expanding middle class, Brazil's economy outweighs that
of all other South American countries, and Brazil is expanding its presence in
world markets. Since 2003, Brazil has steadily improved its macroeconomic
stability, building up foreign reserves, and reducing its debt profile by
shifting its debt burden toward real denominated and domestically held
instruments. Since 2008, Brazil became a net external creditor and all three of
the major ratings agencies awarded investment grade status to its debt.
After
strong growth in 2007 and 2008, the onset of the global financial crisis hit
Brazil in 2008. Brazil experienced two quarters of recession, as global demand for
Brazil's commodity-based exports dwindled and external credit dried up.
However, Brazil was one of the first emerging markets to begin a recovery. In
2010, consumer and investor confidence revived and GDP growth reached 7.5%, the
highest growth rate in the past 25 years. GDP growth has slowed since 2011, due
to several factors, including: overdependence on exports of raw commodities,
low productivity, high operational costs, persistently high inflation, and low
levels of investment. After reaching historic lows of 4.5% in early 2014, the
unemployment rate remains low, but is rising. Brazil's traditionally high level
of income inequality has declined for each of the last 15 years.
Brazil’s
fiscal and current account balances have eroded during the past four years as
the government attempted to boost economic growth through targeted tax cuts for
industry and incentives to spur household consumption. After winning reelection
in October 2014 by a historically narrow margin, President Dilma ROUSSEFF
appointed a new economic team led by Finance Minister Joaquim LEVY, who
introduced a fiscal austerity package intended to restore the primary account
surplus to 1.2% of GDP and preserve the country's investment-grade sovereign
credit rating.
Brazil
seeks to strengthen its workforce and its economy over the long run by imposing
local content and technology transfer requirements on foreign businesses, by
investing in education through social programs such as Bolsa Familia and the
Brazil Science Mobility Program, and by investing in research in the areas of
space, nanotechnology, healthcare, and energy.
|
Source
: CIA |
GUIDONI
EXPORTAÇÃO LTDA
ADDRESSES
|
|
MAIN ADDRESS: |
RODOVIA GETHER LOPES DE FARIAS, S/Nº. KM,48 BOX 01 - ZONA RURAL |
|
ZIP CODE/CITY: |
29745-000 - SÃO DOMINGOS DO NORTE/ES |
|
|
|
|
PHONE: |
27 3742-0100 |
|
FAX: |
27 3742-0100 |
|
E-MAIL: |
contabil04@guidoni.com.br |
|
WEB SITE: |
www.guidoni.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
FAZENDA SANTA LUCIA,,0 - PONTE DO PANCAS |
|
ZIP CODE/CITY: |
29700-971 CALATINA/ES |
|
CNPJ: |
10.965.645/0002-01 |
|
|
|
|
ADDRESS: |
ESTRADA GUARNIERY,0 KM 03 - ZONA RURAL |
|
ZIP CODE/CITY: |
28250-000 ITALVA/RJ |
|
|
|
|
ADDRESS: |
FAZENDA SANTA INEZ E NATEL,0 - ZONA RURAL |
|
ZIP CODE/CITY: |
28430-000 CAMBUCI/RJ |
LEGAL
DATA
|
|
MAIN ACTIVITIES: |
|
WHOLESALE OF MARBLE AND GRANITE. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
10/07/2009 |
|
REGISTER DATE: |
10/07/2009 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
10.965.645/0001-12 |
|
STATE REGISTER: |
82.643.725 |
|
|
|
|
SHARE CAPITAL: |
R$ 400.000,00 |
|
LAST REGISTER OF CAPITAL: |
25/02/2015 |
|
BOARD OF DIRECTORS:
|
|
|
|
|
|
JOSE ANTONIO GUIDONI |
MANAGER |
|
JOSE GERALDO GUIDONI |
MANAGER |
AUTHORIZED
USE OF SIGNATURE
|
|
THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
D & G INVESTIMENTOS E PARTICIPACOES LTDA |
R$ 200.000,00 |
|
R & G INVESTIMENTOS E PARTICIPACOES LTDA |
R$ 200.000,00 |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
A SCAN THROUGH
OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR DIRECTORS HAS/HAVE THE FOLLOWING UNCONFIRMED
HOLDINGS: |
|
|
PAVAO ROCHAS ORNAMENTAIS LTDA - ME |
|
|
COMERCIAL GUIDONI DE EQUIPAMENTOS LTDA |
|
|
MONTE D OURO MINERACAO LTDA |
|
|
MINERACAO VALE DU GRANITO LTDA |
|
|
GUIDONI RENTAL LTDA |
|
|
GT IMPORTS COMERCIAL IMPORTADORA LTDA |
|
|
GALAX WHITE GRANITOS LTDA |
|
|
GUIDONI INVESTIMENTOS LTDA |
|
|
MINERACAO ESTRELA DO NORTE LTDA |
|
|
SKYSTONE DO BRASIL LTDA |
|
COMPANY'S
BACKGROUND
|
|
THE SUBJECT WAS ESTABLISHED ON JULY 10, 2009 TO BE ENGAGED IN THE SAID
LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL
SCENE REPORTED HEREIN. PARTNERS: D & G INVESTIMENTOS E PARTICIPACOES LTDA: REGISTRATION # NIRE
32201761595, AND CNPJ 20.494.214/0001-79, HEADQUARTERED AT RUA SÃO PAULO, 96,
CENTRO, SÃO DOMINGOS DO NORTE - ES, CEP 29745-000; R & G INVESTIMENTOS E PARTICIPACOES LTDA: REGISTRATION # NIRE
32201777513, AND CNPJ 21.151.939/0001-27, HEADQUARTERED AT RUA VALERIANO
SEBASTIÃO PAGANI, 47, CENTRO, SÃO DOMINGOS DO NORTE - ES, CEP 29745-000. FURTHER DETAILS ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
NO DETRIMENTAL FILES WERE FOUND. |
FINANCIAL
INFORMATION
|
|
GENERAL BALANCE
SHEETS AS OF 31/12/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN
REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
CASH AND BANKS |
30.627.727,28 |
21.130.964,94 |
15.743.558,56 |
|
CLIENTS |
2.037.581,03 |
12.718.997,83 |
4.142.262,43 |
|
RECOVERABLE TAXES |
493.082,66 |
332.367,29 |
147.151,17 |
|
INVENTORY |
1.334.534,39 |
2.542.206,18 |
1.151.369,34 |
|
ACCOUNTS RECEIVABLE |
5.830.382,09 |
8.483.467,93 |
6.927.003,57 |
|
MUTUAL CONTRACT |
2.209.050,00 |
1.333.100,00 |
1.457.000,00 |
|
PREPAID EXPENSES |
7.166,64 |
15.452,56 |
1.419,57 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
42.539.524,09 |
46.556.556,73 |
29.569.764,64 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
ACCOUNTS RECEIVABLES |
296.490,54 |
163.831,37 |
155.336,75 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
296.490,54 |
163.831,37 |
155.336,75 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
1.288.181,90 |
2.406.519,63 |
2.796.931,10 |
|
INTANGIBLE |
90.444,92 |
101.610,80 |
89.764,65 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
1.378.626,82 |
2.508.130,43 |
2.886.695,75 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
44.214.641,45 |
49.228.518,53 |
32.611.797,14 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
SUPPLIERS |
1.871.428,06 |
7.245.681,24 |
3.877.289,36 |
|
SOCIAL / LABOR OBLIGATIONS |
35.873,18 |
47.850,98 |
110.085,82 |
|
TRIBUTARY OBLIGATIONS |
329.776,98 |
649.479,84 |
91.395,27 |
|
LOANS AND FINANCING |
1.371.631,76 |
2.696.971,21 |
6.672.800,00 |
|
MUTUAL CONTRACT |
80.000,00 |
80.000,00 |
|
|
ACCOUNTS PAYABLE |
41.600,00 |
521.696,06 |
|
|
LABOR PROVISIONS |
44.618,33 |
177.348,00 |
127.733,42 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
3.774.928,31 |
11.419.027,33 |
10.879.303,87 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
|
1.021.750,00 |
2.656.550,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
|
1.021.750,00 |
2.656.550,00 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
200.000,00 |
200.000,00 |
200.000,00 |
|
ACCRUED PROFIT (LOSS) |
40.239.713,14 |
36.587.741,20 |
18.875.943,27 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
40.439.713,14 |
36.787.741,20 |
19.075.943,27 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
44.214.641,45 |
49.228.518,53 |
32.611.797,14 |
|
PROFIT AND LOSS
ACCOUNTS AS OF 31/12/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN
REAIS ). |
|
|
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
GROSS SALES |
23.555.392,82 |
55.940.711,54 |
31.175.267,40 |
|
(-) TAXES ON SALES |
3.232.342,19 |
2.569.134,62 |
2.186.366,64 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
20.323.050,63 |
53.371.576,92 |
28.988.900,76 |
|
(-) COST OF SOLD GOODS |
6.140.527,80 |
13.081.619,15 |
8.748.342,76 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
14.182.522,83 |
40.289.957,77 |
20.240.558,00 |
|
OPERATING REVENUE (EXPENSE) |
-7.403.956,71 |
-18.407.900,55 |
-13.119.143,36 |
|
FINANCIAL REVENUE(EXPENSE) |
-150.050,98 |
585.821,25 |
-294.364,01 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
6.628.515,14 |
22.467.878,47 |
6.827.050,63 |
|
CONTRIBUTION/INCOME TAX |
-1.356.308,17 |
-1.935.826,36 |
-1.169.476,71 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
5.272.206,97 |
20.532.052,11 |
5.657.573,92 |
|
MONTHLY SALES |
|||
|
|
2015 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 755.923,89 |
|
|
|
FEBRUARY |
R$ 2.532.902,00 |
|
|
|
MARCH |
R$ 2.331.752,48 |
|
|
|
APRIL |
R$ 2.086.633,29 |
|
|
|
MAY |
R$ 2.230.137,40 |
|
|
|
JUNE |
R$ 2.610.698,65 |
|
|
|
JULY |
R$ 1.715.357,48 |
|
|
|
AUGUST |
R$ 3.312.017,56 |
|
|
|
SEPTEMBER |
R$ 2.433.925,89 |
|
|
|
OCTOBER |
R$ 2.475.517,65 |
|
|
|
NOVEMBER |
R$ 5.686.514,65 |
|
|
|
DECEMBER |
|
|
|
|
TOTAL |
R$ 28.171.380,94 |
|
|
|
RATIOS: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
QUICK RATIO |
10,92 |
|
3,85 |
|
2,61 |
|
|
CURRENT RATIO |
11,27 |
|
4,08 |
|
2,72 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
9,97 |
TIMES |
4,20 |
TIMES |
7,00 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
36,09 |
DAYS |
85,79 |
DAYS |
51,44 |
DAYS |
|
INVENTORY TURNOVER |
4,60 |
TIMES |
5,15 |
TIMES |
7,60 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
109,72 |
DAYS |
199,40 |
DAYS |
159,55 |
DAYS |
|
RETURN ON ASSETS |
,46 |
TIMES |
1,08 |
TIMES |
,89 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
,50 |
TIMES |
1,45 |
TIMES |
1,52 |
TIMES |
|
NET WORTH TIE-UP |
,03 |
|
,07 |
|
,15 |
|
|
INDEBTEDNESS |
,09 |
|
,34 |
|
,71 |
|
|
EQUITY RATIO |
91,46 |
% |
74,73 |
% |
58,49 |
% |
|
WORKING CAPITAL RATIO |
1.026,90 |
% |
307,71 |
% |
171,80 |
% |
|
GENERAL SOLVENCY |
11,71 |
|
3,96 |
|
2,41 |
|
|
RETURN ON NET EQUITY |
13,04 |
% |
55,81 |
% |
29,66 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
25,94 |
% |
38,47 |
% |
19,52 |
% |
|
GROSS PROFIT MARGIN |
69,79 |
% |
75,49 |
% |
69,82 |
% |
|
OPERATIONAL RESULT |
32,62 |
% |
42,10 |
% |
23,55 |
% |
|
SALES TURNOVER ON LIABILITIES |
5,38 |
TIMES |
4,67 |
TIMES |
2,66 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 3,79 |
- OFFICIAL RATE ON 08/12/2015 |
|
US$ 1,00 = R$ 2,65 |
- OFFICIAL RATE ON 31/12/2014 |
|
US$ 1,00 = R$ 2,34 |
- OFFICIAL RATE ON 31/12/2013 |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A REGULAR FINANCIAL STANDING. IT SHOWS HIGH
LIQUIDITY RATIOS WITH POSITIVE WORKING CAPITAL AMOUNT AND VERY LOW LEVEL OF
INDEBTEDNESS. ON THE OTHER HAND IT SHOWED STRONG DROP IN SALES BUT POSTED
PROFITABLE RESULTS. REMARK: THE COMPANY DID NOT SEND ANY CLARIFICATION ABOUT THE VARIATION IN THE
SALES VOLUME. |
|
REAL ESTATE: |
NOT AVAILABLE
|
VEHICLES: |
NOT AVAILABLE
|
MACHINES: |
NOT AVAILABLE
INSURANCE
|
|
NOT AVAILABLE. |
BANKING
REFERENCES
|
|
|
BRANCH/PHONE: |
|
|
BANCO DO BRASIL S/A |
27 3727-1388 |
|
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE INFORMATION
OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION WE
ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). DATE RESEARCHED DECEMBER 08, 2015. |
ACTIVITIES
COMMENTS
|
|
WHOLESALE OF MARBLE AND GRANITE. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
CHINA, UNITED STATES AND SOUTH AFRICA. VALUE (ANNUALLY) US$ 3.000.000,00. |
EXPORTS TO:
|
CHINA. VALUE (ANNUALLY) US$ 20.000.000,00. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
|
|
NOT AVAILABLE. |
|
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 10 EMPLOYEE(S) |
CONCEPT
AND FULFILMENT
|
|
THE SUBJECT IS A FAMILY-OWNED COMPANY, OPERATING SINCE 2009. SO FAR IT
HAS A CLEAR TRADE HISTORY AND NORMAL PAYMENT BEHAVIOR. THE COMPANY HAS TRADE RELATIONS WITH SOME LOCAL SUPPLIERS BUT UP TO
DATE ONLY SMALL PAYMENTS WERE REPORTED AND THE SUBJECT IS NOT SAID TO BE USER
OF TRADE CREDIT FACILITIES. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
|
|
NOT AVAILABLE. |
|
|
|
PAYMENT HISTORY: |
|
1 SUPPLIER REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 7.700,00 |
|
|
|
AMOUNT OF INVOICES PAID: 3 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 3.750,00 |
|
HIGHEST CREDIT: R$ 260,00 |
FINAL
OPINION
|
|
BASED ON THE OVERALL DATA AVAILABLE THE SUBJECT MAY BE CONSIDERED FOR NORMAL
BUSINESS COMMITMENTS. CREDIT FACILITIES HOWEVER SHOULD BE GRANTED ON FULLY
SECURED TERMS ONLY DUE TO THE ABSENCE OF FINANCIAL DATA. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.79 |
|
|
1 |
Rs.101.10 |
|
Euro |
1 |
Rs.73.10 |
|
BRL |
1 |
Rs.17.34 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
ANK |
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.