MIRA INFORM REPORT
|
Report No. : |
300189 |
|
Report Date : |
07.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
SIRP S.P.A. |
|
|
|
|
Registered Office : |
Via Moretto, 17, 36071- Arzignano
(VI) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
11.04.2002 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Engaged in production of finished Pu Split Leathers and Finish Pu Synthetic materials for Footwear, Leather goods, Furniture and Car Furniture. |
|
|
|
|
No of Employees : |
91 |
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 – 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 & address
Sirp S.p.a.
Via Moretto, 17
36071- Arzignano (VI) -IT-
Summary
|
Fiscal Code |
: |
02999870245 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
17/05/2002 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
25.000.000/35.000.000 |
|
Number of Employees |
: |
91 |
Activity
Engaged in production of finished Pu Split Leathers and Finish Pu Synthetic materials for Footwear, Leather goods, Furniture and Car Furniture.
Legal
Data
Legal Form : Joint stock company
|
Fiscal Code : 02999870245 |
|
Foreign Trade Reg. no. : VI052030 since
05/07/2002 |
|
Foreign Trade Reg. no. : 052030 of Vicenza
since 05/07/2002 |
|
Chamber of Commerce no. : 291060 of
Vicenza since 16/05/2002 |
|
Chamber of Commerce no. : 327431 of Verona |
|
Firms' Register : VI-2002-28361 of Vicenza
since 16/05/2002 |
|
V.A.T. Code : 02999870245 |
|
Establishment date |
: 11/04/2002 |
|
|
Start of Activities |
: 17/05/2002 |
|
|
Nominal Capital |
: 2.210.000 |
|
|
Subscribed Capital |
: 2.210.000 |
|
|
Paid up Capital |
: 2.210.000 |
Members
|
|
Grotto |
Gaetano |
|
|
Born in Malo |
(VI) |
on 11/08/1938 |
- Fiscal Code : GRTGTN38M11E864V |
|
|
Residence: |
Main |
, 35 |
- 36071 |
Arzignano |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
02/04/2013 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Grotto |
Riccardo |
|
|
Born in Bassano del Grappa |
(VI) |
on 05/09/1963 |
- Fiscal Code : GRTRCR63P05A703N |
|
|
Residence: |
Moretto |
, 17 |
- 36071 |
Arzignano |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
05/04/2011 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Bronca |
Roberto |
|
|
Born in Schio |
(VI) |
on 25/04/1943 |
- Fiscal Code : BRNRRT43D25I531J |
|
|
Residence: |
Fusinieri |
, 98 |
- 36015 |
Schio |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole Director |
23/01/2014 |
|
|
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.
|
|
Bronca |
Roberto |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Turbofin S.r.l. |
Thiene (VI) - IT - |
01773220247 |
Sole Director |
Active |
Registered |
|
Guiconf - S.r.l.- In Liquidazione***in
COncordato Preventivo*** |
Mason Vicentino (VI) - IT - |
00584990246 |
Temporary
Auditor |
Withdrawn |
In liquidation |
|
Industria Conciaria Europa - S.p.a. |
Tezze sul Brenta (VI) - IT - |
01274610243 |
Chairman of the
Board of Aud. |
Withdrawn |
Merged |
|
Immobiliare Gieffe S.r.l. |
Tezze sul Brenta (VI) - IT - |
00144850245 |
Director |
Withdrawn |
Registered |
|
CONCERIA PERLA S.P.A. - UNIPERSONALE |
Arzignano (VI) - IT - |
00125480244 |
Permanent
Auditor |
Withdrawn |
Registered |
|
Conceria Benetti Srl |
Arzignano (VI) - IT - |
00163130248 |
Temporary
Auditor |
Withdrawn |
Registered |
|
Silvestro Bernardi S.r.l. |
San Pietro in Gu (PD) - IT - |
00661900241 |
Temporary
Auditor |
- |
Bankrupt |
|
Sommer S.p.a. |
Montecchio Maggiore (VI) - IT - |
00142840248 |
Temporary
Auditor |
Withdrawn |
Registered |
|
Solar Systems S.r.l. |
Due Carrare (PD) - IT - |
00105650147 |
Chairman of the
Board of Aud. |
Withdrawn |
Registered |
|
Gerolimetto S.a. Di Gerolimetto FratelliE
C. S.p.a. |
Tezze sul Brenta (VI) - IT - |
00153170246 |
Chairman of the
Board of Aud. |
Withdrawn |
Bankrupt |
|
Nuova Gasby S.p.a. |
Arzignano (VI) - IT - |
01924290248 |
Permanent
Auditor |
Active |
Registered |
|
Plastivalle S.p.a. |
San Pietro Mussolino (VI) - IT - |
00169980240 |
Chairman of the
Board of Aud. |
Active |
Registered |
|
Ge.ma.ta. - S.p.a. |
Trissino (VI) - IT - |
00669660243 |
Chairman of the
Board of Aud. |
Withdrawn |
Registered |
|
Dynamic Jeans Manifatture S.r.l. |
Campodoro (PD) - IT - |
01715210280 |
Permanent
Auditor |
Withdrawn |
Registered |
|
Conceria Antiba S.p.a. |
Santa Croce sull'Arno (PI) - IT - |
01015070509 |
Permanent
Auditor |
Withdrawn |
Registered |
|
Conceria Antiba S.p.a. |
Santa Croce sull'Arno (PI) - IT - |
01015070509 |
Temporary
Auditor |
Active |
Registered |
|
Immobiliare D S.r.l. - In Liquidazione |
Arzignano (VI) - IT - |
00142250240 |
Liquidator |
Withdrawn |
Registered |
|
Schneider Italia S.r.l. - In Liquidazione
- In Concordato Preventivo |
Bassano del Grappa (VI) - IT - |
01519770240 |
Permanent
Auditor |
Withdrawn |
Registered |
|
Schneider Italia S.r.l. - In Liquidazione
- In Concordato Preventivo |
Bassano del Grappa (VI) - IT - |
01519770240 |
Liquidator |
Active |
Registered |
|
ROTOPRESS S.P.A. - IN LIQUIDAZIONE |
Milano (MI) - IT - |
01925600247 |
Liquidator |
Withdrawn |
Registered |
|
Omis Immobiliare - S.p.a. |
Sandrigo (VI) - IT - |
00267940245 |
Permanent
Auditor |
Withdrawn |
Ceased |
|
Tecn.a. Tecnologia Per L Ambiente Srl |
Milano (MI) - IT - |
00795470244 |
Board Chairman |
- |
Ceased |
|
Castagna Flavio E C. S.r.l. - In
Liquidazione |
Montecchio Maggiore (VI) - IT - |
01223880244 |
Permanent
Auditor |
Active |
Registered |
|
Isud S.r.l. |
Aprilia (LT) - IT - |
08136660589 |
Sole Director |
Withdrawn |
Registered |
|
IMMOBILIARE CRB SPA |
Borso del Grappa (TV) - IT - |
00754510261 |
Assistant board
Chairman |
Withdrawn |
Registered |
|
IMMOBILIARE CRB SPA |
Borso del Grappa (TV) - IT - |
00754510261 |
Institor |
Withdrawn |
Registered |
|
Impianti Industriali - S.r.l. |
Schio (VI) - IT - |
00487820243 |
Sole Director |
Withdrawn |
Registered |
|
Fiorese Srl - In Liquidazione - In
Concordato Preventivo |
Bassano del Grappa (VI) - IT - |
00608540241 |
Liquidator |
Active |
In liquidation |
|
Vem S.p.a. |
Schio (VI) - IT - |
00636430241 |
Temporary
Auditor |
Withdrawn |
Registered |
|
FONDERIE TRENTINE S.R.L. |
Schio (VI) - IT - |
00864020227 |
Sole Director |
Withdrawn |
Registered |
|
New Pel Company S.p.a. |
Arzignano (VI) - IT - |
00884830241 |
Temporary
Auditor |
Withdrawn |
Registered |
|
I.p.a. S.p.a. - Unipersonale - In
Liquidazione - |
Lonigo (VI) - IT - |
01919550242 |
Director |
Withdrawn |
In liquidation |
|
I.p.a. S.p.a. - Unipersonale - In
Liquidazione - |
Lonigo (VI) - IT - |
01919550242 |
Chairman of the
Board of Aud. |
- |
In liquidation |
|
CRISFIN S.P.A. |
Montebello Vicentino (VI) - IT - |
02162050245 |
Permanent
Auditor |
Withdrawn |
Registered |
|
Conceria Cristina Spa - Unipersonale |
Arzignano (VI) - IT - |
01951260247 |
Permanent
Auditor |
Active |
Registered |
|
FI.VE. S.R.L. |
- - |
01869170249 |
Chairman of the
Board of Aud. |
Active |
Registered |
|
M.k.a. S.p.a. |
Schio (VI) - IT - |
04020680015 |
Chairman of the
Board of Aud. |
Active |
Registered |
|
Lo Stampo - S.r.l. |
Arcore (MB) - IT - |
00768310153 |
Liquidator |
Active |
Registered |
|
Arzignanese S.r.l. |
Arzignano (VI) - IT - |
02306830247 |
Permanent
Auditor |
Active |
Registered |
|
S P Z S.p.a. - In Liquidazione - In
Concordato Preventivo |
Thiene (VI) - IT - |
00912260247 |
Temporary
Auditor |
Withdrawn |
In liquidation |
|
Industria Conciaria Europa S.p.a. In Sigla
I.c.e. S.p.a. |
Tezze sul Brenta (VI) - IT - |
02033880242 |
Chairman of the
Board of Aud. |
Active |
Registered |
|
Galvanin Luigino S.p.a. |
Torri di Quartesolo (VI) - IT - |
02434720245 |
Temporary
Auditor |
Active |
Proposal for
composition agreement |
|
Sirp S.p.a. |
Arzignano (VI) - IT - |
01445190067 |
Permanent
Auditor |
Withdrawn |
Ceased |
|
Finsimo S.p.a. |
Vicenza (VI) - IT - |
02169760242 |
Permanent
Auditor |
Withdrawn |
Registered |
|
Legatoria Industriale Laghetto-mazzatostA
S.r.l.- In Liquidazione |
Vicenza (VI) - IT - |
02507370241 |
Permanent
Auditor |
Withdrawn |
In liquidation |
|
BARBIERI S.R.L. |
Galliera Veneta (PD) - IT - |
02513320289 |
Chairman of the Board
of Aud. |
Withdrawn |
Registered |
|
Nuova Idea Tessuti S.p.a. |
Carpi (MO) - IT - |
02440610364 |
Liquidator |
Withdrawn |
Ceased |
|
4 M S.r.l. |
Reggio Emilia (RE) - IT - |
02324990247 |
Sole Director |
Withdrawn |
Ceased |
|
Finanziaria Uno S.r.l. |
Thiene (VI) - IT - |
01780400246 |
Chairman of the
Board of Aud. |
Active |
Registered |
|
Corium S.r.l. In Liquidazione |
Ronca' (VR) - IT - |
02510980242 |
Temporary
Auditor |
Active |
Registered |
|
Torri S.p.a. |
Torri di Quartesolo (VI) - IT - |
02551610245 |
Chairman of the
Board of Aud. |
Active |
Registered |
|
Torri S.p.a. |
Torri di Quartesolo (VI) - IT - |
02551610245 |
Permanent
Auditor |
Withdrawn |
Registered |
|
Innovazione Immobiliare S.r.l. - In Liquidazione |
Schio (VI) - IT - |
02564420244 |
Liquidator |
Withdrawn |
Registered |
|
Fiore Impianti S.r.l. |
Mussolente (VI) - IT - |
02600110247 |
Sole Director |
Withdrawn |
Registered |
|
M.v. Costruzioni Generali S.p.a. In
Liquidazione |
Sannazzaro De' Burgondi (PV) - IT - |
01519040180 |
Liquidator |
Active |
Registered |
|
Immobiliare Monte Ortigara S.r.l. In
Liquidazione |
Carre' (VI) - IT - |
00631950243 |
Liquidator |
Active |
Registered |
|
IBP AUTOMAZIONI SRL - IN LIQUIDAZIONE |
Pozzoleone (VI) - IT - |
00921610242 |
Liquidator |
Withdrawn |
Registered |
|
Immobiliare Santa Lucia S.r.l. |
Lonato (BS) - IT - |
02096730987 |
Chairman of the
Board of Aud. |
Withdrawn |
Registered |
|
I.p.a. S.p.a. - Unipersonale - In
LiquidAzione - |
Lonigo (VI) - IT - |
01919550242 |
Chairman of the
Board of Aud. |
Withdrawn |
Registered |
|
CRISTINA S.P.A. |
Montebello Vicentino (VI) - IT - |
00162450241 |
Temporary
Auditor |
Withdrawn |
Registered |
|
BIG POWER S.R.L. |
Crespano del Grappa (TV) - IT - |
03790810265 |
Managing
Director |
Withdrawn |
Registered |
|
BIG POWER S.R.L. |
Crespano del Grappa (TV) - IT - |
03790810265 |
Director |
Withdrawn |
Registered |
|
ISUD IMMOBILIARE S.R.L. |
Aprilia (LT) - IT - |
02168140594 |
Sole Director |
Withdrawn |
Registered |
|
ORIOLO S.R.L. - IN LIQUIDAZIONE |
Schio (VI) - IT - |
00894250240 |
Sole Director |
Withdrawn |
Registered |
|
Investimenti Immobiliari S.r.l. |
Thiene (VI) - IT - |
03027180243 |
Sole Director |
Withdrawn |
Registered |
|
A.vi.mac. S.r.l.- In Liquidazione |
Chiampo (VI) - IT - |
03488020243 |
Liquidator |
Withdrawn |
Registered |
|
San Francesco Costruzioni S.r.l. |
Schio (VI) - IT - |
03499670242 |
Sole Director |
Withdrawn |
Registered |
|
Area 51 S.r.l. |
Arzignano (VI) - IT - |
03570040240 |
Chairman of the
Board of Aud. |
Withdrawn |
Registered |
|
Piazza Statuto Srl |
Schio (VI) - IT - |
03913620245 |
Sole 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 |
|
Grotto Gaetano |
Arzignano - IT - |
GRTGTN38M11E864V |
2.007.000 .Eur |
90,81 |
|
Grotto Riccardo |
Arzignano - IT - |
GRTRCR63P05A703N |
203.000 .Eur |
9,18 |
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 |
|
Distretto Conciario Vicentino |
Arzignano - IT - |
03523100240 |
Active |
Firm's
location and structure
In order to carry out its activities the
firm uses the following locations:
|
- |
Legal and
operative seat |
|
Moretto |
, 17 |
- 36071 |
- Arzignano |
(VI) |
- IT - |
|
- |
Branch |
(Factory) |
since 12/06/2003 |
|
Sule |
, 1 |
- 37044 |
- Cologna Veneta |
(VR) |
- IT - |
|
Employees |
: 91 |
|
Fittings and Equipment for a value of
710.000 |
Eur |
|
Stocks for a value of 12.580.000 |
Eur |
Historical Information and/or Firm's Status
CHANGES TO THE
LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
General partnership |
Joint stock company |
10/04/2003 |
EX-MEMBERS /
EX-POSITIONS:
|
|
Grotto |
Gaetano |
|
|
Born in Malo |
(VI) |
on 11/08/1938 |
- Fiscal Code : GRTGTN38M11E864V |
|
|
Residence: |
Main |
, 35 |
- 36071 |
Arzignano |
(VI) |
- IT - |
|
Ex-Postions |
|
Sole Director |
|
Director |
|
Board Chairman |
|
|
Grotto |
Riccardo |
|
|
Born in Bassano del Grappa |
(VI) |
on 05/09/1963 |
- Fiscal Code : GRTRCR63P05A703N |
|
|
Residence: |
Moretto |
, 17 |
- 36071 |
Arzignano |
(VI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Bronca |
Roberto |
|
|
Born in Schio |
(VI) |
on 25/04/1943 |
- Fiscal Code : BRNRRT43D25I531J |
|
|
Residence: |
Fusinieri |
, 98 |
- 36015 |
Schio |
(VI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Tedone |
Carlo |
|
|
Born in Arzignano |
(VI) |
on 14/07/1969 |
- Fiscal Code : TDNCRL69L14A459B |
|
|
Residence: |
N. Sauro 4 |
- 36071 |
Arzignano |
(VI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Luise |
Giovanni |
|
|
Born in Torre del Greco |
(NA) |
on 24/01/1936 |
- Fiscal Code : LSUGNN36A24L259O |
|
|
Residence: |
Del Fontanon |
, 11 |
- 36015 |
Schio |
(VI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm absorved |
|
|
|
|
Matteotti |
, 33 |
, 36071 |
, Arzignano |
(VI) |
- IT - |
|
|
Fiscal Code: 01445190067 |
|
|
Date |
: |
12/06/2003 |
|
|
Project of
merging by taking over of |
|
|
|
|
Matteotti |
, 33 |
, 36071 |
, Arzignano |
(VI) |
- IT - |
|
|
Fiscal Code: 01445190067 |
|
|
Date |
Merging/splitting-up project: |
26/02/2003 |
|
|
Project of
splitting-up and tranfer into |
|
|
|
|
Fiume |
, 55 |
, 36071 |
, Arzignano |
(VI) |
- IT - |
|
|
Fiscal Code: 00226030245 |
|
|
Date |
Merging/splitting-up project: |
20/06/2003 |
|
|
Splitting-up and
transfer of assets to |
|
|
|
|
Fiume |
, 55 |
, 36071 |
, Arzignano |
(VI) |
- IT - |
|
|
Fiscal Code: 00226030245 |
|
|
Date |
Splitting-up: |
23/10/2003 |
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 2002
An eco-fin analysis has been made on the
base od the b/s fo the years 2011, 2012 and 2013.
Under an economic point of view, profits
were registered during the last years with a r.o.e. of 2,89% in 2013 thanks to
a progressive increase in turnover (+42,19% in 2013 compared to 2012 and
+27,58% in 2012 compared to 2011).
The return on Investment in the last
financial year was positive (1,64%) and in line with the sector's average.
The amount of the operating result for the
year 2013 is of Eur. 502.873 with an increase of more then 100% if the compared
to the previous financial year.
The G.O.M. amounted to Eur. 1.662.503 with a
more then 100% increase as opposed to the preceding year.
The financial position is not well balanced
as the volume of debts is fairly remarkable if compared to shareholder's equity,
in fact total debts are 6,38 which is also improving if compared to the
previous year.
The management generated equity capital for
an amount of Eur. 3.878.731 , unchanged as opposed to the preceding year.
Total indebtedness amounts to Eur.
25.372.886, increasing if compared to the previous year, during which they were
equal to Eur. 16.715.177 (51,79%).
Financial indebtedness is considered fair
whereas the recourse to commercial borrowings is high and higher than sector's
average.
Nevertheless available funds are good.
As far as the collection of credit goes, the
average is high (101,41 days). but on the same levels as the average of the
sector.
As far as the cash flow is concerned during
the latest financial year it amounted to Eur. 1.254.290
Subordinate employment cost is of Eur.
5.044.407, i.e. 14,09% on total production costs. , whereas the incidence of
such costs on sales revenues is equal to 15,26%.
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 |
33.062.356 |
|
Profit (Loss) for the period |
111.970 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
23.251.729 |
|
Profit (Loss) for the period |
58.440 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
18.224.669 |
|
Profit (Loss) for the period |
104.932 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
12.464.429 |
|
Profit (Loss) for the period |
-1.372.089 |
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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 |
0,15 |
0,16 |
0,17 |
0,18 |
|
Elasticity Ratio |
Units |
0,85 |
0,84 |
0,83 |
0,80 |
|
Availability of stock |
Units |
0,41 |
0,47 |
0,39 |
0,20 |
|
Total Liquidity Ratio |
Units |
0,44 |
0,38 |
0,44 |
0,51 |
|
Quick Ratio |
Units |
0,02 |
0,01 |
0,00 |
0,02 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
6,38 |
3,47 |
2,05 |
2,38 |
|
Self Financing Ratio |
Units |
0,13 |
0,17 |
0,23 |
0,24 |
|
Capital protection Ratio |
Units |
0,40 |
0,40 |
0,38 |
0,68 |
|
Liabilities consolidation quotient |
Units |
0,05 |
0,36 |
0,63 |
0,18 |
|
Financing |
Units |
6,54 |
4,44 |
3,02 |
2,86 |
|
Permanent Indebtedness Ratio |
Units |
0,17 |
0,39 |
0,52 |
0,38 |
|
M/L term Debts Ratio |
Units |
0,04 |
0,22 |
0,30 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
2,43 |
2,08 |
1,43 |
1,00 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,13 |
2,50 |
3,17 |
1,78 |
|
Current ratio |
Units |
1,03 |
1,39 |
1,76 |
1,25 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,53 |
0,62 |
0,93 |
0,84 |
|
Structure's primary quotient |
Units |
0,84 |
1,10 |
1,38 |
1,07 |
|
Treasury's primary quotient |
Units |
0,02 |
0,01 |
0,01 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
790,13 |
580,34 |
438,66 |
408,81 |
|
Current Capital ( net ) |
Value |
672.326 |
5.191.686 |
5.856.511 |
312.424 |
|
RETURN |
|||||
|
Return on Sales |
% |
3,79 |
2,72 |
3,36 |
2,67 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
2,89 |
1,55 |
2,83 |
3,20 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
7,58 |
3,66 |
-11,36 |
8,58 |
|
Return on Investment ( R.O.I. ) |
% |
1,64 |
1,13 |
-2,05 |
4,36 |
|
Return/ Sales |
% |
1,52 |
1,06 |
-1,83 |
3,63 |
|
Extra Management revenues/charges incid. |
% |
22,27 |
23,75 |
n.c. |
23,99 |
|
Cash Flow |
Value |
1.254.290 |
632.978 |
612.394 |
112.609 |
|
Operating Profit |
Value |
502.873 |
246.048 |
-332.856 |
127.644 |
|
Gross Operating Margin |
Value |
1.662.503 |
829.486 |
177.028 |
230.719 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
101,41 |
74,17 |
83,48 |
101,46 |
|
Debts to suppliers average term |
Days |
155,91 |
112,16 |
109,52 |
94,66 |
|
Average stock waiting period |
Days |
136,99 |
157,53 |
125,96 |
56,34 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,08 |
1,06 |
1,12 |
1,34 |
|
Rate of stock return |
Units |
2,63 |
2,29 |
2,86 |
6,30 |
|
Labour cost incidence |
% |
15,26 |
19,40 |
21,85 |
12,44 |
|
Net financial revenues/ charges incidence |
% |
-0,63 |
-0,58 |
-0,55 |
-1,48 |
|
Labour cost on purchasing expenses |
% |
14,09 |
16,53 |
21,25 |
12,90 |
|
Short-term financing charges |
% |
0,83 |
0,82 |
0,91 |
3,49 |
|
Capital on hand |
% |
92,69 |
94,01 |
89,26 |
74,43 |
|
Sales pro employee |
Value |
210.588 |
261.255 |
146.973 |
253.464 |
|
Labour cost pro employee |
Value |
32.129 |
50.682 |
32.110 |
32.147 |
Market
/ Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
Monthly family expenses 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 923
significant companies.
The companies cash their credits on an
average of 101 dd.
The average duration of suppliers debts is
about 95 dd.
The sector's profitability is on an average
of 2,67%.
The labour cost affects the turnover in the
measure of 12,44%.
Goods are held in stock in a range of 56 dd.
The difference between the sales volume and
the resources used to realize it is about 1,34.
The employees costs represent the 12,90% of
the production costs.
Statistical Detrimental Data
Statistically the trade activity passes
through serious crises.
The area is statistically considered lowly
risky.
In the region 13.782 protested subjects are
found; in the province they count to 2.234.
The insolvency index for the region is 0,30,
, while for the province it is 0,27.
Total Bankrupt companies in the province :
2.546.
Total Bankrupt companies in the region :
16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.39 |
|
UK Pound |
1 |
Rs.96.72 |
|
Euro |
1 |
Rs.75.80 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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.