MIRA INFORM REPORT
|
Report No. : |
302692 |
|
Report Date : |
09.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
COSTACURTA S.P.A. VICO |
|
|
|
|
Registered Office : |
Via Privata Grazioli Don B., 0030 20161 –
Milano (MI) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
15.12.1964 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
From 201 to 250 |
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 and address
|
Costacurta S.p.a. Vico |
|
Via Privata |
Grazioli Don B., |
0030 |
|
20161 |
- Milano |
(MI) |
-IT- |
Summary
|
Fiscal Code |
: |
03147720159 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
15/12/1964 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
35.000.000/50.000.000 |
|
Number of Employees |
: |
from 201 to 250 |
Activity
Manufacture of metal structures and structure
parts
Manufacture of metal wire products, chains
and springs
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 03147720159 |
|
Foreign Trade Reg. no. : MI001244 since
02/12/1991 |
|
Foreign Trade Reg. no. : 1244 of Milano
since 02/12/1991 |
|
Chamber of Commerce no. : 167025 of Lecco |
|
Chamber of Commerce no. : 681572 of Milano
since 22/12/1964 |
|
Firms' Register : MI146-125645 of Milano
since 19/02/1996 |
|
V.A.T. Code : 03147720159 |
|
Foundation date |
: 15/12/1964 |
|
|
Establishment date |
: 15/12/1964 |
|
|
Start of Activities |
: 15/12/1964 |
|
|
Legal duration |
: 31/12/2100 |
|
|
Nominal Capital |
: 2.500.000 |
|
|
Subscribed Capital |
: 2.500.000 |
|
|
Paid up Capital |
: 2.500.000 |
Members
|
|
Fedeli |
Valerio |
|
|
Born in Jesi |
(AN) |
on 22/07/1947 |
- Fiscal Code : FDLVLR47L22E388X |
|
|
Residence: |
La Spina |
, 94 |
- 60044 |
Fabriano |
(AN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/04/2012 |
|
|
Bianchi |
Gian Luca |
|
|
Born in Gaggiano |
(MI) |
on 16/07/1961 |
- Fiscal Code : BNCGLC61L16D845B |
|
|
Residence: |
Roggia Nuova |
, 22/C |
- 20083 |
Gaggiano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/09/2008 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Mondello |
Paolo |
|
|
Born in Milano |
(MI) |
on 29/06/1954 |
- Fiscal Code : MNDPLA54H29F205H |
|
|
Residence: |
Monte Leone |
, 2 |
- 20149 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/04/2012 |
||
|
Managing Director |
27/04/2012 |
||
|
Board Chairman |
27/04/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Pirola |
Gianfranco |
|
|
Born in Barce |
( ) |
on 20/09/1938 |
- Fiscal Code : PRLGFR38P20Z326A |
|
|
Residence: |
Dante |
, 20 |
- 22053 |
Lecco |
(LC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/04/2012 |
|
|
Manzoni |
Osvaldo |
|
|
Born in Missaglia |
(CO) |
on 17/02/1957 |
- Fiscal Code : MNZSLD57B17F248U |
|
|
Residence: |
Delle Rose |
, 9 |
- 23873 |
Missaglia |
(LC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/09/2008 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Orioli |
Marco |
|
|
Born in Milano |
(MI) |
on 19/09/1951 |
- Fiscal Code : RLOMRC51P19F205K |
|
|
Residence: |
Pianell Salvatore |
, 21 |
- 20125 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
26/07/2005 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bodega |
Domenico |
|
|
Born in Lecco |
(CO) |
on 05/10/1960 |
- Fiscal Code : BDGDNC60R05E507J |
|
|
Residence: |
Soave Francesco |
, 7 |
- 20135 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/04/2012 |
|
|
Mondello |
Allegra |
|
|
Born in Milano |
(MI) |
on 19/04/1985 |
- Fiscal Code : MNDLGR85D59F205F |
|
|
Residence: |
Monte Leone |
, 2 |
- 20149 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/04/2012 |
||
|
Procurator |
24/09/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Fusi |
Alberto |
|
|
Born in Erba |
(CO) |
on 16/11/1971 |
- Fiscal Code : FSULRT71S16D416D |
|
|
Residence: |
Orlandi |
, 3 |
- 22035 |
Canzo |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/09/2008 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Cavallini |
Osvaldo |
|
|
Born in Chignolo Po |
(PV) |
on 28/06/1956 |
- Fiscal Code : CVLSLD56H28C637T |
|
|
Residence: |
Grazioli |
, 30 |
- 20161 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney General |
29/06/2009 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Porazzi |
Antonio |
|
|
Born in Ozzero |
(MI) |
on 02/12/1953 |
- Fiscal Code : PRZNTN53T02G206O |
|
|
Residence: |
Grazioli |
, 30 |
- 20161 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
29/06/2009 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Valli |
Marco |
|
|
Born in Lezzeno |
(CO) |
on 09/11/1968 |
- Fiscal Code : VLLMRC68S09E569R |
|
|
Residence: |
Pescau |
, 38 |
- 22025 |
Lezzeno |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/09/2008 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Agazzi |
Andrea |
|
|
Born in Lecco |
(CO) |
on 30/07/1972 |
- Fiscal Code : GZZNDR72L30E507F |
|
|
Residence: |
Grazioli |
, 30 |
- 20161 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
24/09/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Pm Finanziaria S.p.a. |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
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.
|
|
Mondello |
Paolo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Pm Finanziaria S.p.a. |
Milano (MI) - IT - |
07588800156 |
Managing Director |
Active |
Registered |
|
Pm Finanziaria S.p.a. |
Milano (MI) - IT - |
07588800156 |
Director |
Active |
Registered |
|
Pm Finanziaria S.p.a. |
Milano (MI) - IT - |
07588800156 |
Board Chairman |
Active |
Registered |
|
Mofin S.r.l. |
Milano (MI) - IT - |
01259550133 |
Managing Director |
Withdrawn |
Ceased |
|
Mondello Di Paolo E Anna Mondello E C.
S.a.s. |
Milano (MI) - IT - |
10197320152 |
General Partner |
Active |
Registered |
|
Mondello Di Paolo E Anna Mondello E C.
S.a.s. |
Milano (MI) - IT - |
10197320152 |
Limited Partner |
Withdrawn |
Registered |
The indication "REGISTERED" as Firm
Status could refer to Firms in Liquidation, Active, Inactive
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 |
|
Costacurta S.p.a. Vico |
Milano - IT - |
03147720159 |
249.998 .Eur |
9,99 |
|
Mondello Paolo |
Milano - IT - |
MNDPLA54H29F205H |
63.056 .Eur |
2,52 |
|
Pm Finanziaria S.p.a. |
07588800156 |
2.186.946 .Eur |
87,47 |
|
|
Costacurta S.p.a. Vico |
03147720159 |
249.998 .Eur |
9,99 |
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 |
|
Costacurta S.p.a. Vico |
Milano - IT - |
03147720159 |
249.998 .Eur |
9,99 |
Active |
||
|
CONSORZIO POLO TECNOLOGICO MAGONA |
Cecina - IT - |
01228620496 |
Active |
Firm's location and structure
In order to carry out its activities the firm
uses the following locations:
|
- |
Legal and operative seat |
since 15/12/1964 |
|
Grazioli Don B. |
, 0030 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
Total Surface: 1.200 Sq.mt. |
|
PHONE |
: 0266202066 |
|
FAX |
: 0266202099 |
|
Website |
: www.costacurta.it |
|
- |
Branch |
(Factory) |
since 01/10/1979 |
|
Valmolina Inferiore |
, 130 |
- 22050 |
- Garlate |
(LC) |
- IT - |
|
Total Surface: 20.000 Sq.mt. |
|
PHONE |
: 0341681546 |
|
- |
Branch |
(Factory) |
since 29/06/1998 |
|
Adda |
, 20 |
- 22057 |
- Olginate |
(LC) |
- IT - |
|
Total Surface: 15.000 Sq.mt. |
|
PHONE |
: 0341681546 |
|
Employees |
: 222 |
|
Fittings and Equipment for a value of
5.400.000 |
Eur |
|
Stocks for a value of 13.830.000 |
Eur |
|
Furniture and fittings for a value of
270.000 |
Eur |
|
Vehicles for a value of 220.000 |
Eur |
|
Work in progress for a value of 4.790.000 |
Eur |
The firm has a direct commercial organization
Sales are on an international scale.
The company 's mainly customers are
companies.
The firm operates abroad as importer /
exporter..
To purchase foreign products the firm uses
the following channels :
|
- direct orders to foreign companies |
Export represents more than 50% of the global
turnover.
Products abroad are placed by :
|
- importers |
|
- its own agents |
|
- direct orders from foreign companies |
Usually the terms of sale are within 90-120
days.
Financial means used for sale: bank transfers
and bank orders.
Purchases are mainly paid with terms of 30/90
days.
Main used payment modalities are by cash
orders and bank transfers.
Import comes generally from the following
nations:
|
- Italy |
Export is mainly towards:
|
- Austria |
|
- France |
|
- Belgium |
The subject firm uses the following own
selling brands:
|
- ARCHI-NET |
Traded Brands / Suppliers
|
- TRAFILERIA BRAMBILLA |
|
- MMP di Olginate |
|
- SOVATEC di Stezzano |
Historical
Information and/or Firm's Status
COMPANY STYLE MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Immobiliare Manzoni S.p.A. |
01/10/1979 |
EX-MEMBERS / EX-POSITIONS:
|
|
Costacurta |
Maria Ada |
|
|
Born in Galbiate |
(CO) |
on 14/07/1925 |
- Fiscal Code : CSTMRD25L54D865Z |
|
|
Residence: |
Pergolesi |
, 0009 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Honorary President |
|
|
Mondello |
Bruno |
|
|
Born in TORINO |
(TO) |
on 25/04/1927 |
- Fiscal Code : MNDBRN27D25L219C |
|
|
Residence: |
PERGOLESI GIOVANNI BATTISTA |
, 9 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Board Chairman |
|
Director |
|
|
Campana |
Daniele |
|
|
Born in Monza |
(MB) |
on 13/10/1941 |
- Fiscal Code : CMPDNL41R13F704H |
|
|
Residence: |
Monte Rosa |
, 13 |
- 20052 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Fedeli |
Valerio |
|
|
Born in Jesi |
(AN) |
on 22/07/1947 |
- Fiscal Code : FDLVLR47L22E388X |
|
|
Residence: |
La Spina |
, 94 |
- 60044 |
Fabriano |
(AN) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Fedeli |
Valerio |
|
|
Born in Jesi |
(AN) |
on 22/07/1947 |
- Fiscal Code : FDLVLR47L22E388X |
|
|
Residence: |
La Spina |
, 94 |
- 60044 |
Fabriano |
(AN) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Fabbrini |
Marinella |
|
|
Born in Modigliana |
(FO) |
on 14/12/1945 |
- Fiscal Code : FBBMNL45T54F259F |
|
|
Residence: |
Carlo Alberto Dalla Chiesa |
, 2 |
- 20096 |
Pioltello |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Mondello |
Paolo |
|
|
Born in Milano |
(MI) |
on 29/06/1954 |
- Fiscal Code : MNDPLA54H29F205H |
|
|
Residence: |
Monte Leone |
, 2 |
- 20149 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
General Director |
|
|
Manzoni |
Osvaldo |
|
|
Born in Missaglia |
(CO) |
on 17/02/1957 |
- Fiscal Code : MNZSLD57B17F248U |
|
|
Residence: |
Delle Rose |
, 9 |
- 23873 |
Missaglia |
(LC) |
- IT - |
|
Ex-Postions |
|
Responsible technician |
|
|
Gambino |
Renzo |
|
|
Born in Milano |
(MI) |
on 06/08/1940 |
- Fiscal Code : GMBRNZ40M06F205Y |
|
|
Residence: |
Mons. Cazzaniga |
, 33 |
- 20064 |
Gorgonzola |
(MI) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Valli |
Marco |
|
|
Born in Lezzeno |
(CO) |
on 09/11/1968 |
- Fiscal Code : VLLMRC68S09E569R |
|
|
Residence: |
Pescau |
, 38 |
- 22025 |
Lezzeno |
(CO) |
- IT - |
|
Ex-Postions |
|
Person in charge |
|
|
Pm Finanziaria S.p.a. |
|
- Fiscal Code : 07588800156 |
|
Ex-Postions |
|
Partner |
|
Partner |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm absorbed by merging of |
|
|
|
|
, MILANO |
- IT - |
|
|
Date |
: |
01/10/1979 |
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.
Bankers
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
BANCA POPOLARE DI BERGAMO - CREDITO VAR |
PIAZZA CINQUE GIORNATE |
PIAZZA CINQUE GIORNATE, 1 |
20100 |
Milano (MI) |
5428 |
1600 |
|
SANPAOLO IMI S.P.A. FUS. INTESA SAN PAO |
1025 |
0 |
Financial and Economical Analysis
Company's starting of activities dates back
to 1964.
An eco-fin analysis has been made on the base
od the b/s fo the years 2011, 2012 and 2013.
During the last years, it achieved profits
(r.o.e. 4,63% on 2013) keeping the turnover steady during the last two years.
The operating result in 2013 was positive
(5,27%) and in line with the sector's average.
An operating result of Eur. 5.327.348 has
been registered. , with no sizeable change as opposed to the year before.
During the latest financial year the gross
operating margin amounted to Eur. 8.094.672 ,with no change if compared to the
year before.
Equity is good since liquid assets exceed
short term debts.
With regard to equity capital, an amount of
Eur. 85.020.631 is registered. on the same levels as the year before.
Total indebtedness totalled Eur. 11.458.738,
as opposed to Eur. 14.354.741 in 2012, with a decrease equal to -20,17%.
The company does not exceed in bank credits;
payments average period is instead slightly high (96,04 gg.) but lower than the
field average.
Liquidity is good (5,89)
Accounts receivable average term is 74,04
days. , shorter than the sector's average.
The financial management generated a cash
flow of Eur. 6.687.856.
Labour cost amounts to Eur. 12.137.512, with
a 30,42% incidence on production costs. , whereas the incidence of such costs
on sales revenues is equal to 25,3%.
The financial charges are lower than the
financial incomes.
Financial Data
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
47.971.354 |
|
Profit (Loss) for the period |
3.937.199 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
50.752.222 |
|
Profit (Loss) for the period |
5.149.027 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
48.599.693 |
|
Profit (Loss) for the period |
4.587.140 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
40.238.698 |
|
Profit (Loss) for the period |
1.287.843 |
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 |
0,33 |
0,30 |
0,29 |
0,28 |
|
Elasticity Ratio |
Units |
0,67 |
0,70 |
0,71 |
0,69 |
|
Availability of stock |
Units |
0,14 |
0,17 |
0,19 |
0,18 |
|
Total Liquidity Ratio |
Units |
0,53 |
0,53 |
0,52 |
0,47 |
|
Quick Ratio |
Units |
0,41 |
0,39 |
0,38 |
0,02 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
n.c. |
n.c. |
n.c. |
2,32 |
|
Self Financing Ratio |
Units |
0,84 |
0,82 |
0,79 |
0,23 |
|
Capital protection Ratio |
Units |
0,92 |
0,91 |
0,91 |
0,74 |
|
Liabilities consolidation quotient |
Units |
0,36 |
0,27 |
0,23 |
0,24 |
|
Financing |
Units |
0,13 |
0,18 |
0,21 |
2,86 |
|
Permanent Indebtedness Ratio |
Units |
0,88 |
0,86 |
0,83 |
0,42 |
|
M/L term Debts Ratio |
Units |
0,04 |
0,04 |
0,04 |
0,13 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,91 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
2,68 |
2,88 |
2,85 |
1,37 |
|
Current ratio |
Units |
5,89 |
4,87 |
4,21 |
1,21 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
4,69 |
3,66 |
3,07 |
0,84 |
|
Structure's primary quotient |
Units |
2,55 |
2,75 |
2,71 |
0,86 |
|
Treasury's primary quotient |
Units |
3,61 |
2,71 |
2,29 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
118,89 |
122,48 |
126,24 |
422,49 |
|
Current Capital ( net ) |
Value |
56.083.502 |
55.543.980 |
52.187.893 |
281.462 |
|
RETURN |
|||||
|
Return on Sales |
% |
13,94 |
15,23 |
15,31 |
3,68 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
4,63 |
6,32 |
5,98 |
3,84 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
7,10 |
9,40 |
9,43 |
12,87 |
|
Return on Investment ( R.O.I. ) |
% |
5,27 |
6,39 |
7,08 |
4,59 |
|
Return/ Sales |
% |
11,11 |
12,57 |
14,10 |
4,38 |
|
Extra Management revenues/charges incid. |
% |
73,91 |
80,72 |
66,92 |
22,35 |
|
Cash Flow |
Value |
6.687.856 |
7.729.247 |
7.440.767 |
131.799 |
|
Operating Profit |
Value |
5.327.348 |
6.378.697 |
6.854.596 |
134.410 |
|
Gross Operating Margin |
Value |
8.094.672 |
8.975.584 |
9.724.890 |
257.621 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
74,04 |
78,42 |
80,47 |
106,38 |
|
Debts to suppliers average term |
Days |
96,04 |
81,88 |
89,55 |
123,44 |
|
Average stock waiting period |
Days |
103,81 |
123,09 |
137,32 |
62,20 |
|
Rate of capital employed return ( Turnover
) |
Units |
0,47 |
0,51 |
0,50 |
1,07 |
|
Rate of stock return |
Units |
3,47 |
2,92 |
2,62 |
5,77 |
|
Labour cost incidence |
% |
25,30 |
23,65 |
24,22 |
17,51 |
|
Net financial revenues/ charges incidence |
% |
1,42 |
1,70 |
0,83 |
-1,55 |
|
Labour cost on purchasing expenses |
% |
30,42 |
27,07 |
25,82 |
17,84 |
|
Short-term financing charges |
% |
0,82 |
0,60 |
0,49 |
3,12 |
|
Capital on hand |
% |
210,71 |
196,64 |
199,30 |
93,68 |
|
Sales pro employee |
Value |
219.047 |
135.339 |
132.424 |
193.450 |
|
Labour cost pro employee |
Value |
55.422 |
32.010 |
32.075 |
33.229 |
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 1.399
significant companies.
The companies cash their credits on an
average of 106 dd.
The average duration of suppliers debts is
about 123 dd.
The sector's profitability is on an average
of 3,68%.
The labour cost affects the turnover in the
measure of 17,51%.
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 1,07.
The employees costs represent the 17,84% 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 24.765.
The insolvency index for the region is 0,55,
, while for the province it is 0,66.
Total Bankrupt companies in the province :
22.523.
Total Bankrupt companies in the region :
39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.97 |
|
|
1 |
Rs.94.97 |
|
Euro |
1 |
Rs.74.43 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.