|
Report No. : |
304816 |
|
Report Date : |
02.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
ORLANDO IMPORT-EXPORT 2001 SRL |
|
|
|
|
Registered Office : |
Soseaua De Centura 5, 077060 Clinceni Ilfov |
|
|
|
|
Country : |
Romania |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Year of Establishments : |
1994 |
|
|
|
|
Com. Reg. No.: |
J23/3275/2008
|
|
|
|
|
Legal Form : |
Private Limited
Company |
|
|
|
|
Line of Business : |
Manufacturer of
other food products [We tried to confirm / obtain the detailed activity but the same is not available from any sources.] |
|
|
|
|
No of Employees : |
173 (31.12.2013) |
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) |
|
Romania |
b1 |
b1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Romania ECONOMIC OVERVIEW
Romania, which joined the EU on 1 January 2007, began
the transition from Communism in 1989 with a largely obsolete industrial base
and a pattern of output unsuited to the country's needs. The country emerged in
2000 from a punishing three-year recession due to strong demand in EU export
markets. Domestic consumption and investment fueled strong GDP growth, but led
to large current account imbalances. Romania's macroeconomic gains have only
recently started to spur creation of a middle class and to address Romania's
widespread poverty. Corruption and red tape continue to permeate the business
environment. As a result of the global financial crisis, Romania signed on to a
$26 billion emergency assistance package from the IMF, the EU, and other
international lenders. GDP contracted from 2009 to 2011. In March 2011, Romania
and the IMF/EU/World Bank signed a 24-month precautionary stand-by agreement,
worth $6.6 billion, to promote fiscal discipline, encourage progress on
structural reforms, and strengthen financial sector stability. In September
2013, the Romanian authorities and the IMF/EU agreed to a follow-on stand-by
agreement, worth $5.4 billion, to continue with reforms, although Bucharest
announced that it does not intend to draw funds under the agreement. Economic
growth accelerated in 2013, driven by strong industrial exports and an
excellent agricultural harvest; in December 2013 inflation dropped to a
historical low annual rate of 1.6%; and the current account deficit was reduced
substantially. Yet, progress on structural reforms is uneven and the economy
still is vulnerable to shocks.
|
Source : CIA |
|
ORLANDO IMPORT-EXPORT 2001 SRL |
Telephone |
+40 21 3130088 |
|
|
|
+40 21 3514558 |
|
|
|
+40 21 3514560 |
|
Soseaua De Centura 5 |
Fax |
+40 21 3514559 |
|
077060 Clinceni Ilfov |
E-mail |
|
|
Romania |
WEB |
(Under Construction) |
RO 6561746
Registration No. J23/3275/2008
Status Active
|
Business connection |
Business
connections appear permissible |
|
Payment behaviour |
Slow but Correct |
Private Limited
Company
established on 1994 as Orlando
Import-export 2001 Srl (j40/23995/1994) Private Limited Company
|
Change in address |
From |
to |
|
2008 |
J40/23995/1994 Str. Torcatoarelor nr. 14 Bucharest |
Clinceni (J23/3275/2008) |
|
Name / Address / Nationality |
From |
Share |
|
Gungor
Elisabeta (birth
date 26/08/1968) BUCURESTI SECTORUL 6, Romania Romanian |
07/10/2008 |
49,760000 % |
|
Zamfir
Gheorghe (birth
date 06/07/1973) BUCURESTI
SECTORUL 6, Romania Romanian |
07/10/2008 |
49,750000 % |
|
Rosioru Ion (birth date 22/11/1942) BUCURESTI SECTORUL 1, Romania Romanian |
07/10/2008 |
0,4900000 % |
|
Currency |
Value |
|
RON |
844.650 |
|
Name / Address / Status |
Since |
Position |
|
Rosioru
Ion (birth date 22/11/1942) BUCURESTI
SECTORUL 1 Romania |
12/12/1994 |
Administrator |
Connections
|
Through |
Name / Address |
Position |
Share |
|
Gungor Elisabeta |
|||
|
RO
32411322 |
MERIDA
FOODS SRL |
shareholder |
50,00000000% |
|
RO
17660737 |
VIS
IMPORT - EXPORT SRL |
shareholder |
33,34000000% |
|
Rosioru
Ion |
|||
|
RO
27363326 |
ORLANDO
FRESH FOOD SRL |
administrator
and shareholder |
5,00000000% |
|
Zamfir
Gheorghe |
|||
|
RO
31493553 |
NORD
WIND POWER S.A. |
shareholder |
6,97690000% |
|
RO
27363326 |
ORLANDO
FRESH FOOD SRL |
shareholder |
95,00000000% |
|
RO
26249553 |
TOTAL
STYLE SPORTING ACTIV SRL |
administrator
and shareholder |
25,00000000% |
|
RO
17660737 |
VIS
IMPORT - EXPORT SRL |
shareholder |
33,33000000% |
|
Main activity |
Nace |
|
Manufacture of
other food products n.e.c. |
1089 |
Legal office and working spaces at the
above mentioned address
Turnover and
Employees
|
Date |
Turnover |
Employees |
|
|
31.12.2013 |
62.598.404 RON |
173 |
|
|
31.12.2012 |
54.590.665 RON |
115 |
|
|
31.12.2011 |
50.327.688 RON |
94 |
|
|
31.12.2010 |
47.829.858 RON |
70 |
|
|
31.12.2008 |
25.608.449 RON |
97 |
|
|
2007 |
|
69 |
|
|
31.12.2006 |
13.169.071 RON |
56 |
|
|
31.12.2005 |
9.379.474 RON |
36 |
|
|
31.12.2004 |
6.791.099,9 RON |
21 |
|
|
31.12.2003 |
4.125.010,5 RON |
13 |
|
|
31.12.2002 |
2.278.242,8 RON |
13 |
|
|
31.12.2001 |
1.363.045 RON |
7 |
|
According
to the Balance Sheet of 31.12.2013 date the company holds real estates with a
book value of 3.748.914,00 RON, but we do not have any other details on the
type and location of these assets.
|
Financial Institution |
Branch |
|
Banca Transilvania
S.a. |
Bucuresti |
The
subject is registered in the Electronic Archive for Secured Transactions, as
having credits at: - Banca Transilvania S.a., Bucuresti
-Parmarom
Import-Export SRL (Sat Dragomiresti VAle, Jud.Ilfov)
These
credits are guaranteed with cash-flow and fixed assets. If the company is
asking for credits, for which the company has to present guarantees, these
have to be first verified.
|
Business connection |
Business
connections appear permissible |
|
Payment behaviour |
Slow but Correct |
According
to the information registered at the Ministry of Finance, the company has no
overdue debts to the State budget as of 30.09.2014.
There
are no related to the subject at the Payment Incidents Bureau (CIP) in the
period 19.01.2008 -
19.01.2015.
There
are no related to the subject company at the Insolvency Proceedings Bulletin.
There are no records related to the subject company in our debt collection
department.
The
subject company is not registered with legal proceedings opened against it,
according to Court Portal.
Assets
|
Name |
Ref. |
31/12/2011 RON LONG |
31/12/2012 RON LONG |
31/12/2013 RON LONG |
|
Incorporation
expenses |
r1 |
0 |
0 |
0 |
|
Development
expenses |
r2 |
0 |
0 |
0 |
|
Concession
rights, patents, licences, trademarks, similar rights and assets and other
intangible fixed assets |
r3 |
247.555 |
317.852 |
377.670 |
|
Goodwill |
r4 |
0 |
0 |
0 |
|
Down
payments and intangible fixed assets in progress |
r5 |
0 |
0 |
0 |
|
TOTAL
INTANGIBLE FIXED ASSETS |
r6 |
247.555 |
317.852 |
377.670 |
|
Land
and buildings |
r7 |
1.934.508 |
2.425.468 |
2.845.770 |
|
Technical
installations and machines |
r8 |
2.360.718 |
2.469.047 |
2.318.750 |
|
Other
installations, machinery and furniture |
r9 |
528.279 |
570.715 |
574.454 |
|
Down
payments and tangible fixed assets in progress |
r10 |
1.653.665 |
1.110.942 |
651.970 |
|
TOTAL
TANGIBLE FIXED ASSETS |
r11 |
6.477.170 |
6.576.172 |
6.390.944 |
|
Shares
in subsidiaries |
r12 |
0 |
0 |
0 |
|
Loans
given to subsidiaries |
r13 |
3.575 |
3.575 |
6.455 |
|
Participating
interests |
r14 |
0 |
0 |
0 |
|
Loans
given to associates |
r15 |
0 |
0 |
0 |
|
Other
long term investments |
r16 |
0 |
0 |
0 |
|
Other
loans |
r17 |
0 |
0 |
0 |
|
TOTAL
CAPITAL ASSETS |
r18 |
3.575 |
3.575 |
6.455 |
|
NON
CURRENT ASSETS - TOTAL |
r19 |
6.728.300 |
6.897.599 |
6.775.069 |
|
Raw
materials and consumables |
r20 |
7.968.044 |
6.157.950 |
9.678.930 |
|
Work
in progress |
r21 |
0 |
0 |
0 |
|
Finished
goods |
r22 |
1.830.021 |
589.222 |
1.164.461 |
|
Down
payments on inventory purchases |
r23 |
107.871 |
111.451 |
0 |
|
TOTAL
INVENTORIES |
r24 |
9.905.936 |
6.858.623 |
10.843.391 |
|
Trade
receivables |
r25 |
8.760.309 |
19.208.289 |
22.067.375 |
|
Receivables
from subsidiaries |
r26 |
0 |
0 |
0 |
|
Receivables
from entities in respect of participating interests |
r27 |
0 |
0 |
0 |
|
Other receivables |
r28 |
524.000 |
436.773 |
393.977 |
|
Unpaid subscribed
capital |
r29 |
0 |
0 |
0 |
|
TOTAL RECEIVABLES |
r30 |
9.284.309 |
19.645.062 |
22.461.352 |
|
Shares in
subsidiaries |
r31 |
0 |
0 |
0 |
|
Other short-term
investments |
r32 |
0 |
0 |
0 |
|
TOTAL SHORT-TERM
INVESTMENTS |
r33 |
0 |
0 |
0 |
|
PETTY CASH AND
BANK ACCOUNTS |
r34 |
454.163 |
986.861 |
1.585.414 |
|
CURRENT ASSETS -
TOTAL |
r35 |
19.644.408 |
27.490.546 |
34.890.157 |
|
PREPAID EXPENSES |
r36 |
41.546 |
537 |
0 |
|
Total assets |
R37 |
26.414.254 |
34.388.682 |
41.665.226 |
Liabilities
|
Name |
Ref. |
31/12/2011 RON LONG |
31/12/2012 RON LONG |
31/12/2013 RON LONG |
|
Debenture loans |
r38 |
0 |
0 |
0 |
|
Amounts payable to
credit entities |
r39 |
1.474.639 |
3.486.994 |
3.292.053 |
|
Down payments received
on orders in progress |
r40 |
0 |
0 |
0 |
|
Commercial debts -
suppliers |
r41 |
10.074.334 |
16.287.923 |
16.825.275 |
|
Commercial bills
due |
r42 |
2.517.931 |
3.025.150 |
2.399.934 |
|
Amounts payable to
subsidiaries |
r43 |
0 |
0 |
0 |
|
Amounts payable to
associates in respect of participating interests |
r44 |
0 |
0 |
0 |
|
Other debts,
including fiscal debts and amounts payable to social security |
r45 |
281.744 |
522.031 |
1.482.564 |
|
TOTAL SHORT-TERM
DEBTS |
r46 |
14.348.648 |
23.322.098 |
23.999.826 |
|
NET CURRENT
ASSETS/NET CURRENT DEBTS |
r47 |
5.337.306 |
4.168.985 |
10.890.331 |
|
TOTAL ASSETS MINUS
CURRENT DEBTS |
r48 |
12.065.606 |
11.066.584 |
17.665.400 |
|
Debenture loans |
r49 |
0 |
0 |
0 |
|
Amounts payable to
credit entities |
r50 |
397.137 |
414.680 |
1.294.778 |
|
Down payments
received on orders in progress |
r51 |
0 |
0 |
0 |
|
Commercial debts -
suppliers |
r52 |
0 |
0 |
0 |
|
Commercial bills
due |
r53 |
0 |
0 |
0 |
|
Amounts payable to
subsidiaries |
r54 |
0 |
0 |
0 |
|
Amounts payable to
associates in respect of participating interests |
r55 |
0 |
0 |
0 |
|
Other debts,
including fiscal debts and amounts payable to social security |
r56 |
6.105.973 |
4.321.865 |
3.598.825 |
|
TOTAL LONG-TERM
DEBTS |
r57 |
6.503.110 |
4.736.545 |
4.893.603 |
|
Provisions for
pensions and other similar obligations |
r58 |
0 |
0 |
0 |
|
Provisions for
taxes |
r59 |
0 |
0 |
0 |
|
Other provisions |
r60 |
0 |
0 |
0 |
|
TOTAL DEBTS |
r61 |
20.851.758 |
28.058.643 |
28.893.429 |
|
TOTAL PROVISIONS |
r62 |
0 |
0 |
0 |
|
Grants for
investments |
r63 |
0 |
0 |
0 |
|
deferred income |
r64 |
0 |
0 |
0 |
|
TOTAL DEFERRED
INCOME |
r65 |
0 |
0 |
0 |
|
Subscribed and
paid capital |
r66 |
844.650 |
844.650 |
844.650 |
|
Subscribed and unpaid
capital |
r67 |
0 |
0 |
0 |
|
Assets and
liabilities (public sector companies) |
r68 |
0 |
0 |
0 |
|
TOTAL SHARE
CAPITAL |
r69 |
844.650 |
844.650 |
844.650 |
|
CAPITAL PREMIUM |
r70 |
0 |
0 |
0 |
|
REVALUATION
RESERVES |
r71 |
780.548 |
780.548 |
780.548 |
|
Legal reserves |
r72 |
161.147 |
161.147 |
161.147 |
|
Statutory or
contractual reserves |
r73 |
0 |
0 |
0 |
|
Reserves
representing the revaluation reserve surplus |
r74 |
0 |
0 |
0 |
|
Other reserves |
r75 |
0 |
0 |
0 |
|
TOTAL RESERVES |
r76 |
161.147 |
161.147 |
161.147 |
|
Own shares |
r77 |
0 |
0 |
0 |
|
Earnings
associated to own capital instruments |
r78 |
0 |
0 |
0 |
|
Losses associated
to own capital instruments |
r79 |
0 |
0 |
0 |
|
Reported profit or
loss (e) Balance account C |
r80 |
3.776.151 |
4.543.694 |
10.985.452 |
|
Reported profit or
loss (e) Balance account D |
r81 |
0 |
0 |
0 |
|
Profit or loss as
per the financial year Balance account C |
r82 |
302.335 |
767.544 |
6.441.757 |
|
Profit or loss as
per the financial year Balance account D |
r83 |
0 |
0 |
0 |
|
Profit
distribution |
r84 |
302.335 |
767.544 |
6.441.757 |
|
SHAREHOLDERS'
EQUITY - TOTAL |
r85 |
5.562.496 |
6.330.039 |
12.771.797 |
|
Public patrimony |
r86 |
0 |
0 |
0 |
|
EQUITY - TOTAL |
r87 |
5.562.496 |
6.330.039 |
12.771.797 |
|
TOTAL LIABILITIES |
r88 |
26.414.254 |
34.388.682 |
41.665.226 |
Profit and Loss
Account
|
Name |
Ref. |
31/12/2011 RON LONG |
31/12/2012 RON LONG |
31/12/2013 RON LONG |
|
Net turnover |
r89 |
50.327.688 |
54.590.665 |
62.598.404 |
|
Own work sold |
r90 |
29.397 |
48.945.317 |
63.255.255 |
|
Income from the
sale of goods |
r91 |
50.298.291 |
6.013.636 |
39.761 |
|
Income from
interests made by leasing |
r92 |
0 |
0 |
0 |
|
Income from grants related to income corresponding to net
turnover |
r93 |
0 |
0 |
0 |
|
-------- Balance
account C |
r94 |
0 |
0 |
809.368 |
|
Balance account D |
r95 |
0 |
1.722.680 |
0 |
|
Production made by
the entity for its own purposes and capitalized |
r96 |
0 |
0 |
0 |
|
Other operating
income |
r97 |
545.437 |
48.622 |
46.536 |
|
OPERATING INCOME -
TOTAL |
r98 |
50.873.125 |
52.916.607 |
63.454.308 |
|
Expenses on raw
materials and consumables |
r99 |
2.560.544 |
29.817.015 |
35.643.359 |
|
Other expenses
supplies and materials |
r100 |
2.022.691 |
1.897.058 |
2.164.819 |
|
Other outsourced
expenses (electricity and water) |
r101 |
99.149 |
130.680 |
151.938 |
|
Expenses on goods |
r102 |
28.639.659 |
5.236.783 |
37.817 |
|
Expenses on
personnel, of which: |
r103 |
1.376.780 |
1.679.223 |
2.747.632 |
|
Salaries and
benefits |
r104 |
1.075.788 |
1.309.195 |
2.153.489 |
|
Insurance and
social security costs |
r105 |
300.992 |
370.028 |
594.143 |
|
Adjustments of the
value of tangible and intangible fixed assets |
r106 |
966.602 |
1.029.218 |
1.207.984 |
|
Expenses |
r107 |
966.602 |
1.029.218 |
1.207.984 |
|
Income |
r108 |
0 |
0 |
0 |
|
Adjustments of the
value of current assets |
r109 |
0 |
0 |
0 |
|
Expenses |
r110 |
0 |
0 |
0 |
|
Income |
r111 |
0 |
0 |
0 |
|
Other operating
costs |
r112 |
14.713.510 |
12.108.468 |
13.668.976 |
|
Expenses on third
party services |
r113 |
14.078.728 |
11.952.659 |
13.519.704 |
|
Expenses on other
taxes, duties and similar charges |
r114 |
160.618 |
79.561 |
106.667 |
|
Expenses on
compensations, donations and assigned assets |
r115 |
474.164 |
76.248 |
42.605 |
|
Expenses with
refinancing interest rates of leasing entities |
r116 |
0 |
0 |
0 |
|
Adjustments of
provisions |
r117 |
0 |
0 |
0 |
|
Expenses |
r118 |
0 |
0 |
0 |
|
income |
r119 |
0 |
0 |
0 |
|
OPERATING EXPENSES
- TOTAL |
r120 |
50.378.935 |
51.898.445 |
55.618.311 |
|
- Profit |
r121 |
494.190 |
1.018.162 |
7.835.997 |
|
- Loss |
r122 |
0 |
0 |
0 |
|
Income from
participating interests, of which: |
r123 |
0 |
0 |
0 |
|
income obtained
from subsidiaries |
r124 |
0 |
0 |
0 |
|
Income from other financial
investments and loans which are part of intangible fixed assets (acc. 763),
of which: |
r125 |
0 |
0 |
0 |
|
income obtained
from subsidiaries |
r126 |
0 |
0 |
0 |
|
Income from
interest rates, of which: |
r127 |
914 |
55.026 |
6.813 |
|
income obtained
from subsidiaries |
r128 |
0 |
0 |
0 |
|
Other financial
income |
r129 |
291.084 |
194.400 |
196.441 |
|
FINANCIAL INCOME -
TOTAL |
r130 |
291.998 |
249.426 |
203.254 |
|
Value adjustments in
respect of capital assets and investments as current assets |
r131 |
0 |
0 |
0 |
|
Expenses |
r132 |
0 |
0 |
0 |
|
income |
r133 |
0 |
0 |
0 |
|
Interest expenses |
r134 |
101.330 |
148.640 |
189.888 |
|
of which, expenses
in respect of subsidiaries |
r135 |
0 |
0 |
0 |
|
Other financial
expenses |
r136 |
275.611 |
155.178 |
116.455 |
|
FINANCIAL EXPENSES
- TOTAL |
r137 |
376.941 |
303.818 |
306.343 |
|
- Financial profit |
r138 |
0 |
0 |
0 |
|
- Financial loss |
r139 |
84.943 |
54.392 |
103.089 |
|
- Current profit |
r140 |
409.247 |
963.770 |
7.732.908 |
|
- Current loss |
r141 |
0 |
0 |
0 |
|
Extraordinary
income |
r142 |
0 |
0 |
0 |
|
Extraordinary
expenses |
r143 |
0 |
0 |
0 |
|
- Extraordinary
profit |
r144 |
0 |
0 |
0 |
|
- Extraordinary
loss |
r145 |
0 |
0 |
0 |
|
TOTAL INCOME |
r146 |
51.165.123 |
53.166.033 |
63.657.562 |
|
TOTAL EXPENSES |
r147 |
50.755.876 |
52.202.263 |
55.924.654 |
|
- Gross profit |
r148 |
409.247 |
963.770 |
7.732.908 |
|
- Gross loss |
r149 |
0 |
0 |
0 |
|
Income tax |
r150 |
106.912 |
196.226 |
1.291.151 |
|
Other taxes which
are not recorded above |
r151 |
0 |
0 |
0 |
|
- Net profit |
r152 |
302.335 |
767.544 |
6.441.757 |
|
- Net loss |
r153 |
0 |
0 |
0 |
|
Net result |
r154 |
302.335 |
767.544 |
6.441.757 |
Additional
information
|
Name |
Ref. |
31/12/2011 RON LONG |
31/12/2012 RON LONG |
31/12/2013 RON LONG |
|
Outstanding
payments-total, of which: - TOTAL |
r155 |
0 |
0 |
0 |
|
Accounts
payable outstanding- total, of which: - TOTAL |
r156 |
0 |
0 |
0 |
|
over
30 days - TOTAL |
r157 |
N/A |
0 |
0 |
|
over
90 days - TOTAL |
r158 |
N/A |
0 |
0 |
|
over
1 year - TOTAL |
r159 |
N/A |
0 |
0 |
|
Outstanding
payments to social security- total, of which:
- TOTAL |
r160 |
0 |
0 |
0 |
|
contributions
to social security payable by employers, employees and other assimilated
entities - TOTAL |
r161 |
0 |
0 |
0 |
|
contributions
to the social health insurance fund - TOTAL |
r162 |
0 |
0 |
0 |
|
contribution
to the additional state pension system - TOTAL |
r163 |
0 |
0 |
0 |
|
contributions
to the unemployment fund - TOTAL |
r164 |
0 |
0 |
0 |
|
other
social liabilities - TOTAL |
r165 |
0 |
0 |
0 |
|
Payments
due to special funds and other funds - TOTAL |
r166 |
0 |
0 |
0 |
|
Payments
due to other creditors - TOTAL |
r167 |
0 |
0 |
0 |
|
Taxes
and fees unpaid to the public budget on the date due - TOTAL |
r168 |
0 |
0 |
0 |
|
Taxes
and fees unpaid to the local budget on the date due - TOTAL |
r169 |
0 |
0 |
0 |
|
Bank credits which
were not reimbursed on the date due - total, of which: - TOTAL |
r170 |
0 |
0 |
0 |
|
back payments
after 30 days - TOTAL |
r171 |
N/A |
0 |
0 |
|
back payments
after 90 days - TOTAL |
r172 |
N/A |
0 |
0 |
|
back payments
after 1 year - TOTAL |
r173 |
N/A |
0 |
0 |
|
Past due interest
- TOTAL |
r174 |
0 |
0 |
0 |
|
Average number of
employees |
r175 |
94 |
115 |
173 |
Specific tangible fixed
assets
|
Name |
Ref. |
31/12/2011 RON LONG |
31/12/2012 RON LONG |
31/12/2013 RON LONG |
|
Lands |
r176 |
1.479.252 |
1.479.252 |
1.479.252 |
|
Buildings |
r177 |
1.149.302 |
1.741.224 |
2.269.662 |
|
Technical
installations and machines |
r178 |
4.446.923 |
5.256.878 |
5.897.055 |
|
Amortization |
r179 |
N/A |
N/A |
N/A |
Financial Ratios
|
Name |
Ref. |
31/12/2011 |
31/12/2012 |
31/12/2013 |
|
Debt Ratio |
R1 |
0,79 |
0,82 |
0,69 |
|
Quick ratio |
R2 |
0,68 |
0,88 |
1,00 |
|
Current ratio |
R3 |
1,37 |
1,18 |
1,45 |
|
Solvency ratio |
R4 |
1,17 |
0,75 |
0,38 |
|
Return on sales (
ROS ) |
R5 |
0,01 |
0,01 |
0,10 |
|
Return on assets (
ROA ) |
R6 |
0,01 |
0,02 |
0,15 |
|
Return on equity (
ROE ) |
R7 |
0,05 |
0,12 |
0,50 |
|
Operating margin,
in (%) |
R8 |
0,01 |
0,02 |
0,13 |
|
Days supply in
inventory |
R9 |
71,84 |
45,86 |
63,23 |
|
Days sales in
receivables |
R10 |
67,34 |
131,35 |
130,97 |
|
Days purchase in
payables |
R11 |
104,06 |
155,94 |
139,94 |
|
SALES TO TOTAL
ASSETS |
R12 |
1,91 |
1,59 |
1,50 |
|
OPERATING
RESULT/TOTAL ASSETS |
R13 |
0,02 |
0,03 |
0,19 |
|
CASH RATIO |
R14 |
0,03 |
0,04 |
0,07 |
|
Equity as % of total
assets |
R15 |
21,06 |
18,41 |
30,65 |
|
Fixed assets as %
of total assets |
R16 |
25,47 |
20,06 |
16,26 |
|
Receivables as %
of current assets |
R17 |
47,26 |
71,46 |
64,38 |
|
Net working
capital |
R18 |
5295760,00 |
4168448,00 |
10890331,00 |
31/12/2011
USD
1,-= RON 3,05 EUR 1,-= RON 4,24
31/12/2012
USD
1,-= RON 3,47 EUR 1,-= RON 4,46
31/12/2013
USD
1,-= RON 3,33 EUR 1,-= RON 4,42
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.76 |
|
UK Pound |
1 |
Rs.93.13 |
|
Euro |
1 |
Rs.70.03 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
MNL |
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.