MIRA INFORM REPORT
|
Report No. : |
304343 |
|
Report Date : |
21.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
PRYM FASHION ITALIA S.P.A. |
|
|
|
|
Registered Office : |
Via Col Di Lana 3 23900 – Lecco (LC) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.20103 |
|
|
|
|
Date of Incorporation : |
18.07.1974 |
|
|
|
|
Legal Form : |
Joint stock company with sole shareholder |
|
|
|
|
Line of Business : |
Manufacture of Other Metal Objects and
Trinkets. |
|
|
|
|
No. of Employee : |
From 176 to 200 |
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
|
PRYM FASHION ITALIA S.P.A. |
|
Via |
Col Di Lana, |
3 |
|
23900 |
- Lecco |
(LC) |
-IT- |
Summary
|
Fiscal Code |
: |
02713430151 |
|
Legal Form |
: |
Joint stock company with sole shareholder |
|
start of Activities |
: |
31/12/1992 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
25.000.000/35.000.000 |
|
Number of Employees |
: |
from 176 to 200 |
|
Group |
: |
Prym |
Activity
Manufacture of other metal objects and
trinkets
Legal Data
Legal Form : Joint stock company with sole
shareholder
|
Fiscal Code : 02713430151 |
|
Foreign Trade Reg. no. : LC011885 since
18/01/1993 |
|
Foreign Trade Reg. no. : 11885 of Lecco
since 18/01/1993 |
|
Foreign Trade Reg. no. : 011885 of Lecco
since 18/01/1993 |
|
Chamber of Commerce no. : 235765 of Como |
|
Chamber of Commerce no. : 235765 of Lecco
since 31/12/1992 |
|
Chamber of Commerce no. : 882601 of Milano |
|
Firms' Register : LC042-12884 of Lecco
since 19/02/1996 |
|
V.A.T. Code : 02042380135 |
|
Foundation date |
: 18/07/1974 |
|
|
Establishment date |
: 18/07/1974 |
|
|
Start of Activities |
: 31/12/1992 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 7.250.000 |
|
|
Subscribed Capital |
: 7.250.000 |
|
|
Paid up Capital |
: 7.250.000 |
Members
|
|
Corti |
Marco |
|
|
Born in Lecco |
(CO) |
on 20/12/1956 |
- Fiscal Code : CRTMRC56T20E507Y |
|
|
Residence: |
Pasubio |
, 14 |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
General Director |
28/04/1994 |
||
|
Attorney with special power |
07/05/1998 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Ciceri |
Giovanni |
|
|
Born in Carate Brianza |
(MB) |
on 24/01/1967 |
- Fiscal Code : CCRGNN67A24B729Z |
|
|
Residence: |
Per Carcano |
, 1 |
- 22040 |
Alserio |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/05/2001 |
||
|
Attorney with special power |
13/05/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Fomasi |
Giuseppe |
|
|
Born in Bellano |
(CO) |
on 03/11/1960 |
- Fiscal Code : FMSGPP60S03A745Z |
|
|
Residence: |
Monte Spluga |
, 6 |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/05/2001 |
||
|
Attorney with special power |
13/05/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Ogliari |
Giuseppe |
|
|
Born in Milano |
(MI) |
on 02/02/1957 |
- Fiscal Code : GLRGPP57B02F205C |
|
|
Residence: |
Giovanni Xxiii |
, 18/5 |
- 23848 |
Ello |
(LC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/05/2001 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Prym Fashion Beteiligungs Gmbh |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
22/04/1999 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Comi |
Claudia |
|
|
Born in Lecco |
(CO) |
on 22/10/1973 |
- Fiscal Code : CMOCLD73R62E507G |
|
|
Residence: |
Seminario 28/a |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
31/05/2006 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Terraneo |
Graziella |
|
|
Born in Giussano |
(MB) |
on 06/07/1961 |
- Fiscal Code : TRRGZL61L46E063G |
|
|
Residence: |
Donizzetti 24 |
- 20034 |
Giussano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
31/05/2006 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Stockmaier |
Ralf Philipp |
|
|
Born in Huttenfeld |
( ) |
on 06/06/1962 |
- Fiscal Code : STCRFP62H06Z112F |
|
|
Residence: |
Viernheimer Strasse |
, 54 |
Lampertheim |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
15/05/2013 |
|
|
Waldau |
Jens Roland |
|
|
Born in Helmstedt |
( ) |
on 20/10/1965 |
|
|
Residence: |
Col Di Lana |
, 3 |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
15/05/2013 |
||
|
Director |
15/05/2013 |
|
|
No Protests registered |
|
|
Hansen |
Stefan |
|
|
Born in Rio Negro |
( ) |
on 18/01/1979 |
- Fiscal Code : HNSSFN79A18Z602W |
|
|
Residence: |
Col Di Lana |
, 3 |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2014 |
|
|
Prym Fashion Beteiligungs Gmbh |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Protests registered |
Companies connected to members *
*checkings have been performed on a national
scale.
In this module the companies in which members
hold/held positions are listed.
The Members of the subject firm are not
reported to be Members in other companies.
Capital Shareholders
Shareholders' list as at date of data
collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Prym Fashion Beteiligungs Gmbh |
20258170229 |
100,00 |
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 |
|
Tecnochora Societa' Consortile Mista Per
Azioni In Liquidazione |
Lecco - IT - |
02255560134 |
4.000.000 .Eur |
0,62 |
Ceased |
||
|
MACAP S.R.L. |
Lecco - IT - |
01758540130 |
24.000.000 .Eur |
25,00 |
Active |
Firm's location and structure
In order to carry out its activities the firm
uses the following locations:
|
- |
Legal and operative seat |
since 15/07/1992 |
|
Col Di Lana |
, 3 |
- 22053 |
- Lecco |
(LC) |
- IT - |
|
TELEX |
: 316179 |
|
PHONE |
: 0341297111 |
|
FAX |
: 0341287011 |
|
Employees |
: 185 |
|
Fittings and Equipment for a value of
1.410.000 |
Eur |
|
Stocks for a value of 4.100.000 |
Eur |
Historical
Information and/or Firm's Status
COMPANY STYLE MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Fiocchi Snaps SpA |
Fiocchi Prym SpA |
07/02/2000 |
EX-MEMBERS / EX-POSITIONS:
|
|
Corti |
Marco |
|
|
Born in Lecco |
(CO) |
on 20/12/1956 |
- Fiscal Code : CRTMRC56T20E507Y |
|
|
Residence: |
Pasubio |
, 14 |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Heiber |
Horst Joachim Paul |
|
|
Born in UNNA |
( ) |
on 20/07/1949 |
- Fiscal Code : HBRHST49L20Z112Q |
|
|
Residence: |
REMBRANDTSTRASSE |
, 46 |
- 46399 |
BOCHOLT |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Mascheroni |
Carlo Maria |
|
|
Born in Monza |
(MB) |
on 28/06/1940 |
- Fiscal Code : MSCCLM40H28F704H |
|
|
Residence: |
C. Alberto |
, 1 |
- 20052 |
Monza |
(MB) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
ROMANO' |
GIOVANNI |
|
|
Born in SEREGNO |
(MB) |
on 05/09/1961 |
- Fiscal Code : RMNGNN61P05I625T |
|
|
Residence: |
PACE |
, 12 |
- 20036 |
MEDA |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Vanoli |
Maurizio |
|
|
Born in Milano |
(MI) |
on 23/06/1962 |
- Fiscal Code : VNLMRZ62H23F205I |
|
|
Residence: |
Leopardi Giacomo |
, 21 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
|
Prym Fashion Beteiligungs Gmbh |
|
- Fiscal Code : 20258170229 |
|
Ex-Postions |
|
Sole partner |
|
|
Fisher |
Jorg |
|
|
Born in Mulheim An Der Ruhr |
( ) |
on 27/07/1963 |
|
Ex-Postions |
|
Director |
|
|
Plesske |
Andreas |
|
|
Born in Germania |
( ) |
on 05/09/1961 |
- Fiscal Code : PLSNRS61P05Z112Y |
|
|
Residence: |
Schonbichlstr |
, 90C |
Herrsching A Ammersee |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Director |
|
|
Fisher |
Jorg |
|
|
Born in Mulheim An Der Ruhr |
( ) |
on 27/07/1963 |
|
Ex-Postions |
|
Director |
|
|
Waldau |
Jens Roland |
|
|
Born in Helmstedt |
( ) |
on 20/10/1965 |
|
|
Residence: |
Col Di Lana |
, 3 |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Director |
|
|
Boge |
Viola |
|
|
Born in Neumunster |
( ) |
on 12/09/1961 |
- Fiscal Code : BGOVLI61P52Z112G |
|
|
Residence: |
Col Di Lana |
, 15 |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Waldau |
Jens Roland |
|
|
Born in Helmstedt |
( ) |
on 20/10/1965 |
|
|
Residence: |
Col Di Lana |
, 3 |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Director |
|
|
Maccacaro |
Marzio |
|
|
Born in Lecco |
(CO) |
on 22/01/1956 |
- Fiscal Code : MCCMRZ56A22E507B |
|
|
Residence: |
Tonale |
, 24 |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Attorney with special power |
|
|
Mauri |
Marco |
|
|
Born in LECCO |
(CO) |
on 04/10/1953 |
- Fiscal Code : MRAMRC53R04E507V |
|
|
Residence: |
AL PORTO |
, 27 |
- 22021 |
BELLAGIO |
(CO) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Bertarelli |
Giovanni |
|
|
Born in Lecco |
(CO) |
on 16/07/1941 |
- Fiscal Code : BRTGNN41L16E507E |
|
|
Residence: |
Alle Fucine |
, 3 |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Griffiths |
John Ernest Roberts |
|
|
Born in CITTA DEL MESSICO |
( ) |
on 20/06/1934 |
- Fiscal Code : GRFJNR34H20Z514O |
|
|
Residence: |
Fatebenefratelli |
, 12 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Prym |
Axel Hans william |
|
|
Born in AACHEN |
( ) |
on 10/05/1950 |
- Fiscal Code : PRYXHN50E10Z112W |
|
|
Residence: |
COL DI LANA |
, 3 |
- 23900 |
Lecco |
(LC) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Director |
|
|
Pugno-vanoni |
Vittorio |
|
|
Born in Milano |
(MI) |
on 23/01/1934 |
- Fiscal Code : PGNVTR34A23F205V |
|
|
Residence: |
Elvezia |
, 0018 |
- 20154 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Director |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm absorved |
|
|
|
|
COL DI LANA |
, 3 |
, 22053 |
, LECCO |
(LC) |
- IT - |
|
|
Date |
: |
31/12/1992 |
|
|
The firm absorbed by merging of |
|
|
|
|
COL DI LANA |
, 3 |
, 22053 |
, LECCO |
(LC) |
- IT - |
|
|
Date |
: |
31/12/1992 |
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
The company is active since 1992
The analysis is based on the latest 3 balance
sheets.
Unstable economic results mark the company's
financial state of affairs. with a profit (r.o.e. 3,98%) in the last financial
year
The return on Investment in the last
financial year was positive (4,13%) falling within the field's average.
The operating result is positive and amounts
to Eur. 802.841 showing an upward trend 49,02% compared to the previous
financial year.
A gross operating margine for a value of Eur.
1.824.154 was reached. with a 21,08% growth.
Very good financial situation: shareholder's
equity covers short-terms debts with an indebtedness level equal to 0,77
The equity capital is equal to Eur. 9.085.490
on the same levels as the year before.
In the year 2013 total debts amounted to Eur.
7.752.151 with no important change.
The company does not exceed in bank credits;
payments average period is instead slightly high (100,43 gg.) but lined up with
the field's average.
It shows a good range of liquidity.
Credits are collected in 77,89 days on the
average. , lower than the sector's average.
2013 financial year closed with a cash flow
of Eur. 1.252.701
Labour cost amounts to Eur. 8.329.259, with a
31,88% incidence on production costs. , whereas the incidence of such costs on
sales revenues is equal to 31,37%.
The incidence of the financial charges is of
-0,46% on the sales amount.
Financial Data
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
26.555.286 |
|
Profit (Loss) for the period |
361.388 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
26.176.581 |
|
Profit (Loss) for the period |
211.059 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
26.822.974 |
|
Profit (Loss) for the period |
-325.990 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
25.076.953 |
|
Profit (Loss) for the period |
-67.726 |
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
21.776.561 |
|
Profit (Loss) for the period |
-409.964 |
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 |
0,38 |
0,40 |
0,34 |
0,28 |
|
Elasticity Ratio |
Units |
0,62 |
0,60 |
0,65 |
0,69 |
|
Availability of stock |
Units |
0,21 |
0,21 |
0,21 |
0,18 |
|
Total Liquidity Ratio |
Units |
0,41 |
0,39 |
0,44 |
0,47 |
|
Quick Ratio |
Units |
0,01 |
0,01 |
0,00 |
0,02 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
0,77 |
0,77 |
1,19 |
2,32 |
|
Self Financing Ratio |
Units |
0,47 |
0,46 |
0,39 |
0,23 |
|
Capital protection Ratio |
Units |
0,16 |
0,14 |
0,19 |
0,74 |
|
Liabilities consolidation quotient |
Units |
0,38 |
0,42 |
0,29 |
0,24 |
|
Financing |
Units |
0,85 |
0,89 |
1,28 |
2,86 |
|
Permanent Indebtedness Ratio |
Units |
0,61 |
0,61 |
0,52 |
0,42 |
|
M/L term Debts Ratio |
Units |
0,14 |
0,15 |
0,14 |
0,13 |
|
Net Financial Indebtedness Ratio |
Units |
0,12 |
0,19 |
0,51 |
0,91 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,60 |
1,53 |
1,52 |
1,37 |
|
Current ratio |
Units |
1,68 |
1,63 |
1,42 |
1,21 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,11 |
1,06 |
0,96 |
0,84 |
|
Structure's primary quotient |
Units |
1,23 |
1,15 |
1,13 |
0,86 |
|
Treasury's primary quotient |
Units |
0,02 |
0,03 |
0,00 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
214,21 |
218,01 |
257,93 |
422,49 |
|
Current Capital ( net ) |
Value |
4.879.635 |
4.385.735 |
4.250.843 |
281.462 |
|
RETURN |
|||||
|
Return on Sales |
% |
4,72 |
4,50 |
2,29 |
3,68 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
3,98 |
2,42 |
-3,83 |
3,84 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
8,06 |
4,56 |
-1,40 |
12,87 |
|
Return on Investment ( R.O.I. ) |
% |
4,13 |
2,83 |
0,08 |
4,59 |
|
Return/ Sales |
% |
3,02 |
2,06 |
0,06 |
4,38 |
|
Extra Management revenues/charges incid. |
% |
45,01 |
39,18 |
-1897,50 |
22,35 |
|
Cash Flow |
Value |
1.252.701 |
1.178.908 |
614.633 |
131.799 |
|
Operating Profit |
Value |
802.841 |
538.719 |
17.180 |
134.410 |
|
Gross Operating Margin |
Value |
1.824.154 |
1.506.568 |
957.803 |
257.621 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
77,89 |
81,43 |
82,06 |
106,38 |
|
Debts to suppliers average term |
Days |
100,43 |
99,63 |
100,83 |
123,44 |
|
Average stock waiting period |
Days |
55,59 |
54,20 |
62,45 |
62,20 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,36 |
1,38 |
1,22 |
1,07 |
|
Rate of stock return |
Units |
6,48 |
6,64 |
5,76 |
5,77 |
|
Labour cost incidence |
% |
31,37 |
30,87 |
31,32 |
17,51 |
|
Net financial revenues/ charges incidence |
% |
-0,46 |
-0,65 |
-0,56 |
-1,55 |
|
Labour cost on purchasing expenses |
% |
31,88 |
31,20 |
31,30 |
17,84 |
|
Short-term financing charges |
% |
1,57 |
2,21 |
1,39 |
3,12 |
|
Capital on hand |
% |
73,29 |
72,66 |
81,86 |
93,68 |
|
Sales pro employee |
Value |
102.135 |
139.981 |
102.377 |
193.450 |
|
Labour cost pro employee |
Value |
32.035 |
43.219 |
32.064 |
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
moderately risky.
In the region 50.886 protested subjects are
found; in the province they count to 1.666.
The insolvency index for the region is 0,55,
, while for the province it is 0,52.
Total Bankrupt companies in the province :
940.
Total Bankrupt companies in the region :
39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.85 |
|
|
1 |
Rs.93.27 |
|
Euro |
1 |
Rs.71.57 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.