MIRA INFORM REPORT
|
Report No. : |
304998 |
|
Report Date : |
02.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
ADAMA ITALIA
S.R.L. |
|
|
|
|
Registered Office : |
Via Zanica, 19 24050 – Grassobbio (BG) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
08.06.1994 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesaler of Fertilizers and Other Agricultural Chemical Products. |
|
|
|
|
No. of Employees : |
From 36 to 50 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Italy |
A2 |
A2 |
|
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 |
Company
Name and address
ADAMA ITALIA
S.R.L.
Via Zanica, 19
24050 - Grassobbio (BG) -IT-
Summary
|
Fiscal Code |
: |
02323200168 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
08/06/1994 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
75.000.000/100.000.000 |
|
Number of Employees |
: |
from 36 to 50 |
Highlights
Please take into account that LO SVILUPPO DI UN PRINCIPIO (in Egnlish
THE DEVELOPMENT OF A PRINCIPLE) is company's slogan and is not part of
the name.
Activity
Wholesale of fertilizers and other agricultural chemical products
Legal
Data
Legal Form : Limited liability company
|
Fiscal Code : 02323200168 |
|
Foreign Trade Reg. no. : BG036435 since 06/09/1994 |
|
Foreign Trade Reg. no. : 036435 of Bergamo since 06/09/1994 |
|
Chamber of Commerce no. : 280243 of Bergamo since 13/07/1994 |
|
Chamber of Commerce no. : 310232 of Verona |
|
Firms' Register : 48431 of Bergamo |
|
Firms' Register : BG024-48431 of Bergamo since 19/02/1996 |
|
V.A.T. Code : 02323200168 |
|
Establishment date |
: 08/06/1994 |
|
|
Start of Activities |
: 08/06/1994 |
|
|
Legal duration |
: 31/12/2044 |
|
|
Nominal Capital |
: 100.000 |
|
|
Subscribed Capital |
: 100.000 |
|
|
Paid up Capital |
: 100.000 |
Members
|
|
Togni |
Sergio Giuseppe |
|
|
Born in Bergamo |
(BG) |
on 15/09/1961 |
- Fiscal Code : TGNSGG61P15A794R |
|
|
Residence: |
Marconi |
, 6 |
- 24030 |
Brembate di Sopra |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/03/2012 |
||
|
Board Chairman |
30/03/2012 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Mishan |
Meir |
|
|
Born in Cairo |
( ) |
on 13/12/1940 |
- Fiscal Code : MSHMRE40T13Z336C |
|
|
Residence: |
Martin Byber |
, 10 |
Haifa |
- IL - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/03/2012 |
|
|
Fedorovici |
Liliana |
|
|
Born in Austria |
( ) |
on 18/10/1961 |
- Fiscal Code : FDRLLN61R58Z102A |
|
|
Residence: |
Zanica |
, 19 |
- 24050 |
Grassobbio |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/03/2012 |
|
|
Rose |
Winand |
|
|
Born in Haltern |
( ) |
on 18/09/1959 |
- Fiscal Code : RSOWND59P18Z112C |
|
|
Residence: |
Zanica |
, 19 |
- 24050 |
Grassobbio |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2014 |
|
|
Bugini |
Alessandro |
|
|
Born in Bergamo |
(BG) |
on 25/08/1966 |
- Fiscal Code : BGNLSN66M25A794V |
|
|
Residence: |
Agostino Donini |
, 19 |
- 24129 |
Bergamo |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
20/01/2012 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Cassotti |
Marilena |
|
|
Born in Bergamo |
(BG) |
on 13/03/1969 |
- Fiscal Code : CSSMLN69C53A794K |
|
|
Residence: |
Volta |
, 13 |
- 24040 |
Osio Sopra |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
31/07/2014 |
|
|
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.
|
|
Togni |
Sergio Giuseppe |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
L.i.f.a. S.r.l. Lavorazioni IndustrialiFitofarmaci Ed Affini |
Padova (PD) - IT - |
01430410280 |
Director |
Withdrawn |
Merged |
|
Kollant S.r.l. |
Padova (PD) - IT - |
03346320967 |
Director |
Active |
Registered |
|
Kollant S.r.l. |
Padova (PD) - IT - |
03346320967 |
Board Chairman |
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 |
|
Adama Agriculture B.v. |
95.000 .Eur |
95,00 |
||
|
Adama Registrations B.v. |
5.000 .Eur |
5,00 |
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 |
|
CONSORZIO PER LA VALORIZZAZIONE DELLE SE MENTI - CONVASE |
Bologna - IT - |
02195420373 |
Active |
Firm's
location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and
operative seat |
since 23/07/2012 |
|
Zanica |
, 19 |
- 24050 |
- Grassobbio |
(BG) |
- IT - |
|
PHONE |
: 035328811 |
|
FAX |
: 035328888 |
|
Legal mail |
: ADAMA@PEC.ADAMAITALIA.IT |
|
- |
Legal and
operative seat |
until 23/07/2012 |
|
Falcone |
, 13 |
- 24100 |
- Bergamo |
(BG) |
- IT - |
|
PHONE |
: 035328811 |
|
FAX |
: 035328888 |
|
Website |
: www.ma-italia.it |
|
Website |
: HTTP://WWW.MA-ITALIA.IT |
|
- |
Branch |
(Warehouse) |
since 21/02/2001 |
|
Matteotti |
, 6/C |
- 37059 |
- Zevio |
(VR) |
- IT - |
|
PHONE |
: 0456050315 |
|
FAX |
: 0457850100 |
|
Email |
: adamaitalia@adama.com |
|
Employees |
: 43 |
|
Fittings and Equipment for a value of 240.000 |
Eur |
|
Stocks for a value of 20.680.000 |
Eur |
The firm has a direct commercial organization
Sales are mainly addressed to Northern Italy
Transports are mainly done using own vehicles and third parties ones
The company 's mainly customers are companies.
Company generally accepts payments with terms of 60/90 days.
Subject usually collects by cash order and drafts.
Purchase terms: 60-90-120 days.
Main used payment modalities are by cash orders and bank transfers.
Historical Information and/or Firm's Status
COMPANY STYLE
MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
MAKHTESHIM-AGAN ITALIA S.R.L. |
Adama Italia Srl |
25/09/2014 |
EX-MEMBERS /
EX-POSITIONS:
|
|
Pizzorni |
Giuseppe |
|
|
Born in Acqui Terme |
(AL) |
on 07/09/1963 |
- Fiscal Code : PZZGPP63P07A052U |
|
|
Residence: |
Fernanda Wittgens |
, 6 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Biscozzi |
Maria Antonietta |
|
|
Born in Gallipoli |
(LE) |
on 07/02/1964 |
- Fiscal Code : BSCMNT64B47D883V |
|
|
Residence: |
Wittgens |
, 6 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Chiari |
Cristina |
|
|
Born in Legnano |
(MI) |
on 22/11/1970 |
- Fiscal Code : CHRCST70S62E514Q |
|
|
Residence: |
Fernanda Wittgens |
, 6 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Dominguez
Bigador |
Ignacio Javier |
|
|
Born in Madrid |
( ) |
on 14/07/1960 |
- Fiscal Code : DMNGCJ60L14Z131M |
|
|
Residence: |
General Rodrigo |
, 2 |
Madrid |
- ES - |
|
Ex-Postions |
|
Director |
|
Board Chairman |
|
|
Yonas |
Gershon Shlomo |
|
|
Born in Germania |
( ) |
on 22/11/1947 |
- Fiscal Code : YNSGSH47S22Z112K |
|
|
Residence: |
Ad-ad St. 2 |
Lehavim |
- IL - |
|
Ex-Postions |
|
Director |
|
|
Guelfi |
Francesco |
|
|
Born in Parma |
(PR) |
on 08/06/1969 |
- Fiscal Code : GLFFNC69H08G337D |
|
|
Residence: |
Zaninelli |
, 7 |
- 26013 |
Crema |
(CR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Togni |
Sergio Giuseppe |
|
|
Born in Bergamo |
(BG) |
on 15/09/1961 |
- Fiscal Code : TGNSGG61P15A794R |
|
|
Residence: |
Marconi |
, 6 |
- 24030 |
Brembate di Sopra |
(BG) |
- IT - |
|
Ex-Postions |
|
General Director |
|
|
MERHAV |
DAN |
|
|
Born in HAIFA |
( ) |
on 20/09/1940 |
- Fiscal Code : MRHDNA40P20Z226H |
|
|
Residence: |
1180 AVENUE MAXIME VAN PRAAG |
, 4 |
BRUXELLES |
- BE - |
|
Ex-Postions |
|
Board Chairman |
|
|
PEER |
DAN |
|
|
Born in ISRAELE |
( ) |
on 16/02/1957 |
- Fiscal Code : PREDNA57B16Z226F |
|
Ex-Postions |
|
Director |
|
|
Fava |
Domenico |
|
|
Born in Milano |
(MI) |
on 11/10/1966 |
- Fiscal Code : FVADNC66R11F205J |
|
|
Residence: |
Vittor Pisani |
, 27 |
- 20124 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
ROTA |
STEFANO |
|
|
Born in BERGAMO |
(BG) |
on 04/09/1971 |
- Fiscal Code : RTOSFN71P04A794R |
|
|
Residence: |
VITTORIO EMANUELE II |
, 41 |
- 24036 |
Ponte San Pietro |
(BG) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
SALVADORI DI
WIESENTHOFF |
VITTORIO |
|
|
Born in TORINO |
(TO) |
on 04/01/1970 |
- Fiscal Code : SLVVTR70A04L219U |
|
|
Residence: |
CASCINA LUCEDIO |
, 8 |
- 13039 |
TRINO |
(VC) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Drovandi |
Maria Gabriella |
|
|
Born in Potenza |
(PZ) |
on 09/12/1968 |
- Fiscal Code : DRVMGB68T49G942E |
|
|
Residence: |
Vittor Pisani |
, 27 |
- 20124 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Troiano |
Paolo |
|
|
Born in PORDENONE |
(PN) |
on 18/07/1968 |
- Fiscal Code : TRNPLA68L18G888N |
|
|
Residence: |
Magolfa |
, 13 |
- 20143 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Salvi |
Giulio |
|
|
Born in Milano |
(MI) |
on 03/05/1963 |
- Fiscal Code : SLVGLI63E03F205E |
|
|
Residence: |
Wittgens Fernanda |
, 6 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Bergami |
Davide |
|
|
Born in Crema |
(CR) |
on 04/08/1964 |
- Fiscal Code : BRGDVD64M04D142C |
|
|
Residence: |
Fernanda Wittgens |
, 6 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Polito |
Carlo |
|
|
Born in Padova |
(PD) |
on 15/02/1968 |
- Fiscal Code : PLTCRL68B15G224E |
|
|
Residence: |
Cavour |
, 3 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Buchnik |
Yaron |
|
|
Born in Israele |
( ) |
on 06/02/1974 |
- Fiscal Code : BCHYRN74B06Z226R |
|
Ex-Postions |
|
Director |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Resolution of
merging of |
|
|
|
|
Petrarca |
, 7 |
, 35100 |
, Padova |
(PD) |
- IT - |
|
|
Fiscal Code: 01430410280 |
|
|
Date |
: |
14/10/2009 |
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
Company's starting of activities dates back to 1994.
The eonomic-financial analysis is based on the latest 3 b/s.
Under an economic point of view, profits were registered during the last
years with a r.o.e. of 5,93% in 2013 with a stable trend in the turnover.
The operating result was positive in the last financial year (3,06%) and
in line with the sector's average.
The amount of the operating result is equal to Eur. 1.550.353 on stable
levels if compared to the previous year.
The G.O.M. amounted to Eur. 2.418.168 stable if compared to the
financial year 2012.
Short-term debts volume if compared to net worth, as it comes out from
the total indebtedness (9,86) which is anyway decreasing.
Subject can manage an equity capital funds for an amount of Eur.
4.384.126 , unchanged as opposed to the preceding year.
Total debts (both short and M/L term) equals Eur. 44.785.267, , with no
sensible variation.
The financial exposure is moderate, on the other hand the recourse to
commercial credit is high, with a high average payment period even in
comparison with the sector's.
Liquid assets are good.
As far as the collection of credit goes, the average is high (116,3
days). , as it normally happens in the sector.
Eur. 927.841 is the value of cash flow during the year 2013
Subordinate employment cost is of Eur. 3.150.012, i.e. 3,82% on total
production costs. , with a 3,85% incidence on turnover.
Limited financial charges in relation to sales volume.
Financial
Data
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
81.844.748 |
|
Profit (Loss) for the period |
260.026 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
77.637.167 |
|
Profit (Loss) for the period |
813.288 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
74.870.145 |
|
Profit (Loss) for the period |
500.066 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
70.949.918 |
|
Profit (Loss) for the period |
521.454 |
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
67.296.956 |
|
Profit (Loss) for the period |
704.454 |
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 |
0,01 |
0,01 |
0,00 |
0,11 |
|
Elasticity Ratio |
Units |
0,99 |
0,99 |
1,00 |
0,87 |
|
Availability of stock |
Units |
0,41 |
0,41 |
0,43 |
0,22 |
|
Total Liquidity Ratio |
Units |
0,58 |
0,58 |
0,57 |
0,56 |
|
Quick Ratio |
Units |
0,03 |
0,02 |
0,02 |
0,02 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
9,86 |
11,09 |
12,68 |
3,81 |
|
Self Financing Ratio |
Units |
0,09 |
0,08 |
0,07 |
0,17 |
|
Capital protection Ratio |
Units |
0,92 |
0,78 |
0,82 |
0,65 |
|
Liabilities consolidation quotient |
Units |
0,01 |
0,01 |
0,01 |
0,12 |
|
Financing |
Units |
10,22 |
11,36 |
12,96 |
4,72 |
|
Permanent Indebtedness Ratio |
Units |
0,10 |
0,09 |
0,08 |
0,30 |
|
M/L term Debts Ratio |
Units |
0,01 |
0,01 |
0,01 |
0,07 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
1,28 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
14,30 |
13,51 |
16,51 |
2,06 |
|
Current ratio |
Units |
1,12 |
1,10 |
1,08 |
1,16 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,66 |
0,64 |
0,62 |
0,84 |
|
Structure's primary quotient |
Units |
12,68 |
12,15 |
15,02 |
1,28 |
|
Treasury's primary quotient |
Units |
0,03 |
0,02 |
0,02 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
1155,67 |
1256,18 |
1412,14 |
591,61 |
|
Current Capital ( net ) |
Value |
5.516.419 |
4.584.647 |
3.615.431 |
219.071 |
|
RETURN |
|||||
|
Return on Sales |
% |
1,13 |
1,81 |
1,40 |
2,22 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
5,93 |
19,72 |
15,10 |
6,27 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
19,78 |
27,03 |
29,01 |
15,95 |
|
Return on Investment ( R.O.I. ) |
% |
3,06 |
3,51 |
3,89 |
4,19 |
|
Return/ Sales |
% |
1,89 |
2,34 |
2,43 |
3,42 |
|
Extra Management revenues/charges incid. |
% |
16,77 |
44,73 |
27,52 |
29,26 |
|
Cash Flow |
Value |
927.841 |
1.401.922 |
1.044.578 |
61.669 |
|
Operating Profit |
Value |
1.550.353 |
1.818.023 |
1.817.238 |
95.558 |
|
Gross Operating Margin |
Value |
2.418.168 |
2.406.657 |
2.361.750 |
144.934 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
116,30 |
126,30 |
115,17 |
120,94 |
|
Debts to suppliers average term |
Days |
158,43 |
162,31 |
209,23 |
120,04 |
|
Average stock waiting period |
Days |
90,98 |
98,67 |
96,29 |
61,92 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,62 |
1,50 |
1,60 |
1,27 |
|
Rate of stock return |
Units |
3,96 |
3,65 |
3,74 |
5,74 |
|
Labour cost incidence |
% |
3,85 |
3,40 |
3,27 |
7,77 |
|
Net financial revenues/ charges incidence |
% |
-0,64 |
-0,99 |
-1,14 |
-1,26 |
|
Labour cost on purchasing expenses |
% |
3,82 |
3,40 |
3,27 |
7,90 |
|
Short-term financing charges |
% |
1,19 |
1,65 |
2,00 |
2,67 |
|
Capital on hand |
% |
61,90 |
66,73 |
62,45 |
78,39 |
|
Sales pro employee |
Value |
835.150 |
946.794 |
985.133 |
437.713 |
|
Labour cost pro employee |
Value |
32.142 |
32.236 |
32.241 |
33.928 |
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 6.137 significant companies.
The companies cash their credits on an average of 121 dd.
The average duration of suppliers debts is about 120 dd.
The sector's profitability is on an average of 2,22%.
The labour cost affects the turnover in the measure of 7,77%.
Goods are held in stock in a range of 62 dd.
The difference between the sales volume and the resources used to
realize it is about 1,27.
The employees costs represent the 7,90% 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 50.886 protested subjects are found; in the province they
count to 4.150.
The insolvency index for the region is 0,55, , while for the province it
is 0,41.
Total Bankrupt companies in the province : 4.376.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.76 |
|
|
1 |
Rs.93.13 |
|
Euro |
1 |
Rs.70.03 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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.