|
Report No. : |
330306 |
|
Report Date : |
10.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
IMATEX S.P.A. |
|
|
|
|
Registered Office : |
Via Luigi Cadorna, 33, 23895 - Nibionno (LC) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
02.11.1978 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture
of Textiles |
|
|
|
|
No. of Employees : |
From 131 to 150 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Italy |
A1 |
A1 |
|
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 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 132%
of GDP in 2014, 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 tax evasion. In 2014 economic growth and labor market
conditions continued to deteriorate, with overall unemployment rising to 12.2%
and youth unemployment around 40%. Italy's GDP is now nearly 10% below its 2007
pre-crisis level.
|
Source
: CIA |
IMATEX S.P.A.
Via Luigi
Cadorna, 33
23895 - Nibionno (LC) -IT-
|
Fiscal
Code |
: |
00202080131 |
|
Legal
Form |
: |
Joint
stock company |
|
start
of Activities |
: |
02/11/1978 |
|
Equity |
: |
Over
2.582.254 |
|
Turnover
Range |
: |
20.000.000/25.000.000
|
|
Number
of Employees |
: |
from
131 to 150 |
Manufacture
of Textiles
Weaving
of Textiles
Wholesale
of Other Textile Goods
Legal
Form : Joint stock company
|
Fiscal
Code : 00202080131 |
|
Foreign
Trade Reg. no. : LC004401 since 20/12/1991 |
|
Foreign
Trade Reg. no. : 4401 of Lecco since 20/12/1991 |
|
Chamber
of Commerce no. : 161982 of Lecco since 27/11/1978 |
|
Firms'
Register : CO075-11327 of Lecco since 19/02/1996 |
|
V.A.T.
Code : 00202080131 |
|
Tribunal
Co. Register : 11327 of |
|
Foundation
date |
:
02/11/1978 |
|
Establishment
date |
:
02/11/1978 |
|
Start
of Activities |
:
02/11/1978 |
|
Legal
duration |
:
31/12/2050 |
|
Nominal
Capital |
:
1.200.000 |
|
Subscribed
Capital |
:
1.200.000 |
|
Paid
up Capital |
:
1.200.000 |
|
Legal
mail : |
|
|
Elisa
Srl |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Luna
Srl |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Bonfanti |
Maria
Grazia |
|
|
Born
in Barzano' |
(CO) |
on
06/11/1948 |
-
Fiscal Code : BNFMGR48S46A686A |
|
|
Residence: |
Besana |
,
28 |
-
23896 |
Sirtori |
(LC) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
30/10/2013 |
||
|
Managing
Director |
25/05/2012 |
||
|
Assistant
board Chairman |
30/10/2013 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Fumagalli |
Marco |
|
|
Born
in Como |
(CO) |
on
15/07/1958 |
-
Fiscal Code : FMGMRC58L15C933E |
|
|
Residence: |
Conciliazione |
,
30 |
-
23895 |
Nibionno |
(LC) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Procurator |
08/02/2005 |
||
|
Director |
25/05/2012 |
||
|
Board
Chairman |
25/05/2012 |
||
|
Managing
Director |
25/05/2012 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Elisa
Srl |
|
|
: |
Xxv
Aprile |
,
167/B |
-
22036 |
Erba |
(CO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Dozio |
Marco |
|
|
Born
in Besana In Brianza |
(MB) |
on
02/04/1966 |
-
Fiscal Code : DZOMRC66D02A818H |
|
|
Residence: |
Manzoni |
,
8 |
-
20050 |
Veduggio
Con Colzano |
(MI) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Procurator |
08/02/2005 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Fumagalli |
Maria
Giulia |
|
|
Born
in Nibionno |
(CO) |
on
26/06/1962 |
-
Fiscal Code : FMGMGL62H66F887A |
|
|
Residence: |
Pineta |
,
7 |
-
23896 |
Sirtori |
(LC) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
30/10/2013 |
||
|
Managing
Director |
30/10/2013 |
||
|
Board
Chairman |
30/10/2013 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Fumagalli |
Nicoletta |
|
|
Born
in Nibionno |
(CO) |
on
26/06/1966 |
-
Fiscal Code : FMGNLT66H66F887C |
|
|
Residence: |
L.
Cadorna |
,
50 |
-
23895 |
Nibionno |
(LC) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
30/10/2013 |
||
|
Managing
Director |
30/10/2013 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Fumagalli |
Isabella |
|
|
Born
in Milano |
(MI) |
on
18/08/1971 |
-
Fiscal Code : FMGSLL71M58F205A |
|
|
Residence: |
Garibaldi |
,
29 |
-
23896 |
Sirtori |
(LC) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
25/05/2012 |
||
|
Managing
Director |
25/05/2012 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Fumagalli |
Luca
Andrea Mario |
|
|
Born
in Como |
(CO) |
on
03/06/1964 |
-
Fiscal Code : FMGLND64H03C933U |
|
|
Residence: |
Belvedere |
,
9 |
-
22045 |
Lambrugo |
(CO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
25/05/2012 |
||
|
Managing
Director |
25/05/2012 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
*checkings
have been performed on a national scale.
In
this module are listed the companies in which members hold or have holded
positions.
|
|
Bonfanti |
Maria
Grazia |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Incontro
S.r.l. |
Oggiono
(LC) - IT - |
01807670136 |
Sole
Director |
Withdrawn |
Registered |
|
La
Betulla S.r.l. |
Sirtori
(LC) - IT - |
01209750130 |
Sole
Director |
Active |
Registered |
|
Alberghi
Briantei S.r.l. |
Oggiono
(LC) - IT - |
00665470134 |
Director |
Active |
Registered |
|
Alberghi
Briantei S.r.l. |
Oggiono
(LC) - IT - |
00665470134 |
Board
Chairman |
Active |
Registered |
|
Elisa
Srl |
Erba
(CO) - IT - |
02185520133 |
Managing
Director |
Active |
Registered |
|
Elisa
Srl |
Erba
(CO) - IT - |
02185520133 |
Board
Chairman |
Active |
Registered |
|
Imagest
S.r.l. |
Nibionno
(LC) - IT - |
02382520134 |
Director |
Active |
Registered |
|
Imagest
S.r.l. |
Nibionno
(LC) - IT - |
02382520134 |
Board
Chairman |
Active |
Registered |
|
Viole
S.r.l. |
Lecco
(LC) - IT - |
03208020135 |
Sole
Director |
Active |
Registered |
|
|
Fumagalli |
Marco |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Novaresin
S.p.a. |
Nibionno
(LC) - IT - |
00230560138 |
Director |
Active |
Registered |
|
Novaresin
S.p.a. |
Nibionno
(LC) - IT - |
00230560138 |
Procurator |
Withdrawn |
Registered |
|
Novaresin
S.p.a. |
Nibionno
(LC) - IT - |
00230560138 |
Managing
Director |
Active |
Registered |
|
ALEGEST
- S.R.L. |
-
- |
01718790130 |
Chairman |
Withdrawn |
Registered |
|
ALEGEST
- S.R.L. |
-
- |
01718790130 |
Board
Chairman |
Withdrawn |
Registered |
|
Malgi
Di Crippa Piera Gina E C. - S.a.s. |
Erba
(CO) - IT - |
01278240138 |
Limited
Partner |
Active |
Registered |
|
Consorzio
Tessilforum |
Milano
(MI) - IT - |
11141850153 |
Board
of Directors' chairman |
Active |
Registered |
|
Alberghi
Briantei S.r.l. |
Oggiono
(LC) - IT - |
00665470134 |
Director |
Active |
Registered |
|
Moderna
Service S.r.l. |
Nibionno
(LC) - IT - |
01278230139 |
Sole
Director |
Active |
Registered |
|
Amaca
Srl |
Erba
(CO) - IT - |
02185530132 |
Director |
Active |
Registered |
|
Imagest
S.r.l. |
Nibionno
(LC) - IT - |
02382520134 |
Director |
Active |
Registered |
|
Stendhal
Sport Club S.r.l. |
Oggiono
(LC) - IT - |
02668010131 |
Director |
Withdrawn |
Registered |
|
Stendhal
Sport Club S.r.l. |
Oggiono
(LC) - IT - |
02668010131 |
Sole
Director |
Active |
Registered |
|
|
Fumagalli |
Maria
Giulia |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Tintoria
Di Cremella - S.p.a. |
Cremella
(LC) - IT - |
00711690131 |
Managing
Director |
Active |
Registered |
|
Tintoria
Di Cremella - S.p.a. |
Cremella
(LC) - IT - |
00711690131 |
Director |
Active |
Registered |
|
Immobiliare
Fulca Srl |
Nibionno
(LC) - IT - |
01278250137 |
Director |
Active |
Registered |
|
Immobiliare
Fulca Srl |
Nibionno
(LC) - IT - |
01278250137 |
Managing
Director |
Active |
Registered |
|
Luna
Srl |
Erba
(CO) - IT - |
02185510134 |
Director |
Active |
Registered |
|
Turistica
S.r.l. |
Merone
(CO) - IT - |
02195370131 |
Director |
Withdrawn |
Registered |
|
Turistica
S.r.l. |
Merone
(CO) - IT - |
02195370131 |
Managing
Director |
Withdrawn |
Registered |
|
Imagest
S.r.l. |
Nibionno
(LC) - IT - |
02382520134 |
Director |
Active |
Registered |
|
Le
Nuove Dimore S.r.l. |
Nibionno
(LC) - IT - |
02656200132 |
Director |
Active |
Registered |
|
Le
Nuove Dimore S.r.l. |
Nibionno
(LC) - IT - |
02656200132 |
Managing
Director |
Active |
Registered |
|
I
Melograni S.r.l. In Liquidazione |
Nibionno
(LC) - IT - |
03186020131 |
Director |
Withdrawn |
In
liquidation |
|
I
Melograni S.r.l. In Liquidazione |
Nibionno
(LC) - IT - |
03186020131 |
Liquidator |
Active |
In
liquidation |
|
I
Melograni S.r.l. In Liquidazione |
Nibionno
(LC) - IT - |
03186020131 |
Managing
Director |
Withdrawn |
In
liquidation |
|
I
Melograni S.r.l. In Liquidazione |
Nibionno
(LC) - IT - |
03186020131 |
Board
Chairman |
Withdrawn |
In
liquidation |
|
California
S.r.l. |
Nibionno
(LC) - IT - |
03186010132 |
Director |
Active |
Registered |
|
California
S.r.l. |
Nibionno
(LC) - IT - |
03186010132 |
Board
Chairman |
Active |
Registered |
|
|
Fumagalli |
Nicoletta |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Immobiliare
Fulca Srl |
Nibionno
(LC) - IT - |
01278250137 |
Director |
Active |
Registered |
|
Immobiliare
Fulca Srl |
Nibionno
(LC) - IT - |
01278250137 |
Managing
Director |
Active |
Registered |
|
Luna
Srl |
Erba
(CO) - IT - |
02185510134 |
Director |
Active |
Registered |
|
Turistica
S.r.l. |
Merone
(CO) - IT - |
02195370131 |
Director |
Withdrawn |
Registered |
|
Turistica
S.r.l. |
Merone
(CO) - IT - |
02195370131 |
Managing
Director |
Withdrawn |
Registered |
|
Le
Nuove Dimore S.r.l. |
Nibionno
(LC) - IT - |
02656200132 |
Director |
Active |
Registered |
|
Le
Nuove Dimore S.r.l. |
Nibionno
(LC) - IT - |
02656200132 |
Managing
Director |
Active |
Registered |
|
I
Melograni S.r.l. In Liquidazione |
Nibionno
(LC) - IT - |
03186020131 |
Director |
Withdrawn |
In
liquidation |
|
I
Melograni S.r.l. In Liquidazione |
Nibionno
(LC) - IT - |
03186020131 |
Managing
Director |
Withdrawn |
In
liquidation |
|
California
S.r.l. |
Nibionno
(LC) - IT - |
03186010132 |
Director |
Active |
Registered |
|
|
Fumagalli |
Isabella |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Tintoria
Di Cremella - S.p.a. |
Cremella
(LC) - IT - |
00711690131 |
Managing
Director |
Active |
Registered |
|
Tintoria
Di Cremella - S.p.a. |
Cremella
(LC) - IT - |
00711690131 |
Director |
Active |
Registered |
|
Tintoria
Di Cremella - S.p.a. |
Cremella
(LC) - IT - |
00711690131 |
Managing
Director |
Withdrawn |
Registered |
|
Elisa
Srl |
Erba
(CO) - IT - |
02185520133 |
Director |
Active |
Registered |
|
Ristorante
Stendhal Srl |
Oggiono
(LC) - IT - |
03134550130 |
Director |
Active |
Registered |
|
|
Fumagalli |
Luca
Andrea Mario |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Malgi
Di Crippa Piera Gina E C. - S.a.s. |
Erba
(CO) - IT - |
01278240138 |
Limited
Partner |
Active |
Registered |
|
Alberghi
Briantei S.r.l. |
Oggiono
(LC) - IT - |
00665470134 |
Director |
Active |
Registered |
|
Amaca
Srl |
Erba
(CO) - IT - |
02185530132 |
Director |
Withdrawn |
Registered |
|
Amaca
Srl |
Erba
(CO) - IT - |
02185530132 |
Managing
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.
Shareholders'
list as at date of data collection:
|
Firm's
Style / Name |
Seat
/ Residence |
Fiscal
Code |
Owned
Shares |
%
Ownership |
|
Elisa
Srl |
02185530132 |
400.000
.Eur |
33,33 |
|
|
Luna
Srl |
02185510134 |
400.000
.Eur |
33,33 |
|
|
Elisa
Srl |
Erba
- IT - |
02185520133 |
400.000
.Eur |
33,33 |
The
Company under review has participations in the following Companies:
|
Firm's
Style |
Seat |
Fiscal
Code |
Owned
Shares Amount |
%
Ownership |
since
|
until
|
Share
Status |
|
Nuovi
Orizzonti - S.r.l. |
Erba
- IT - |
01785880137 |
10.710
.Eur |
2,10 |
Active |
In
order to carry out its activities the firm uses the following locations:
|
- |
Legal
and operative seat |
since
02/11/1978 |
|
Luigi
Cadorna |
,
33 |
-
22060 |
-
Nibionno |
(LC) |
-
IT - |
|
PHONE |
:
031/690668 |
|
PHONE |
:
031692222 |
|
FAX |
:
031690216 |
|
Legal
mail |
:
IMATEXSPA@LEGALMAIL.IT |
|
- |
Branch |
(Factory) |
since
30/04/1996 |
|
A.
Volta |
,
1/BIS |
-
22060 |
-
Nibionno |
(LC) |
-
IT - |
|
PHONE |
:
031692222 |
|
- |
Branch |
(Factory) |
since
01/12/2008 |
|
Briantea |
,
2 |
-
22060 |
-
Bulciago |
(LC) |
-
IT - |
|
- |
Branch |
(Factory) |
since
05/07/2012 |
|
Montegrappa |
,
30 |
-
22060 |
-
Nibionno |
(LC) |
-
IT - |
|
Employees |
:
149 |
|
Fittings
and Equipment for a value of 1.400.000 |
Eur |
|
Stocks
for a value of 6.040.000 |
Eur |
|
Furniture
and fittings for a value of 140.000 |
Eur |
|
Vehicles
for a value of 170.000 |
Eur |
The
firm operates abroad as importer / exporter..
To
purchase foreign products the firm uses the following channels :
|
-
its own agents |
Export
represents more than 50% of the global turnover.
Products
abroad are placed by :
|
-
its own agents |
Export
is mainly towards:
|
-
Great Britain |
|
-
Bulgaria |
|
-
Poland |
|
-
Hungary |
|
-
Austria |
|
-
Italy |
|
-
France |
|
-
Belgium |
Protests
checking on the subject firm has given a negative result.
Search
performed on a National Scale
|
|
Prejudicial
Events Search Result: NEGATIVE |
Search
performed on a specialized data base.
None
reported, standing to the latest received edition of the Official Publications.
Subject
is active since 1978
The
eonomic-financial analysis is based on the latest 3 b/s.
During
the last years, net losses were registered; in 2013 r.o.e. is -12,19%.
A
loss is registered as to the operating result (-5,85%).
The
operating result is negative (Eur. -867.354).
The
gross operating margin of the latest financial year is of Eur. 314.795 growing
by 52,87% if compared to the year before.
The
financial status of the company is fairly balanced with an indebtedness level
of 1,23 yet on the increase as against the previous accounting period.
It's
shareholders funds amount to Eur. 5.498.603 , unchanged as opposed to the
preceding year.
Total
debts recorded amounted to Eur. 7.828.949 (Eur. 323.532 of which were m/l term
debts) , with no sensible variation.
The
company does not exceed in bank credits; payments average period is instead
slightly high (112,16 gg.) but lined up with the field's average.
The
available funds are good.
Credits
are collected in 87,66 days on the average. , that compared to the sector's
average is shorter.
During
financial year 2013 the cash flow amounted to Eur. 512.065
During
2013 financial year labour costs amounted to Eur. 4.768.659, with a 21,47%
incidence on production costs. , whereas the incidence of such costs on sales
revenues is equal to 23,43%.
The
financial management has a limited economic impact, equal to -0,4% on the
sales.
|
|
Complete
balance-sheet for the year |
al
31/12/2013 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
20.354.204 |
|
Profit
(Loss) for the period |
-670.084 |
|
|
Complete
balance-sheet for the year |
al
31/12/2012 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
19.647.055 |
|
Profit
(Loss) for the period |
-481.659 |
|
|
Complete
balance-sheet for the year |
al
31/12/2011 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
19.597.528 |
|
Profit
(Loss) for the period |
-130.684 |
|
|
Complete
balance-sheet for the year |
al
31/12/2010 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
23.556.623 |
|
Profit
(Loss) for the period |
91.608 |
|
|
Complete
balance-sheet for the year |
al
31/12/2009 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
21.579.402 |
|
Profit
(Loss) for the period |
12.972 |
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 |
0,15 |
0,17 |
0,16 |
0,29 |
|
Elasticity
Ratio |
Units |
0,84 |
0,83 |
0,83 |
0,70 |
|
Availability
of stock |
Units |
0,41 |
0,39 |
0,38 |
0,26 |
|
Total
Liquidity Ratio |
Units |
0,44 |
0,45 |
0,45 |
0,39 |
|
Quick
Ratio |
Units |
0,05 |
0,06 |
0,11 |
0,01 |
|
COMPOSITION
ON SOURCE |
|||||
|
Net
Short-term indebtedness |
Units |
1,23 |
0,82 |
0,56 |
1,69 |
|
Self
Financing Ratio |
Units |
0,37 |
0,43 |
0,49 |
0,29 |
|
Capital
protection Ratio |
Units |
0,90 |
0,88 |
0,84 |
0,71 |
|
Liabilities
consolidation quotient |
Units |
0,19 |
0,34 |
0,26 |
0,26 |
|
Financing |
Units |
1,42 |
1,07 |
0,79 |
2,12 |
|
Permanent
Indebtedness Ratio |
Units |
0,47 |
0,57 |
0,59 |
0,45 |
|
M/L
term Debts Ratio |
Units |
0,10 |
0,14 |
0,10 |
0,13 |
|
Net
Financial Indebtedness Ratio |
Units |
0,18 |
0,07 |
0,00 |
0,96 |
|
CORRELATION |
|||||
|
Fixed
assets ratio |
Units |
3,04 |
3,39 |
3,58 |
1,38 |
|
Current
ratio |
Units |
1,67 |
2,03 |
2,18 |
1,25 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
0,86 |
1,09 |
1,18 |
0,75 |
|
Structure's
primary quotient |
Units |
2,41 |
2,56 |
2,98 |
0,90 |
|
Treasury's
primary quotient |
Units |
0,10 |
0,14 |
0,28 |
0,03 |
|
Rate
of indebtedness ( Leverage ) |
% |
269,52 |
234,22 |
203,85 |
339,62 |
|
Current
Capital ( net ) |
Value |
5.003.801 |
6.108.551 |
6.105.267 |
1.615.606 |
|
RETURN |
|||||
|
Return
on Sales |
% |
2,52 |
2,68 |
3,86 |
1,74 |
|
Return
on Equity - Net- ( R.O.E. ) |
% |
-12,19 |
-7,81 |
-1,97 |
0,25 |
|
Return
on Equity - Gross - ( R.O.E. ) |
% |
-15,06 |
-9,78 |
0,12 |
2,94 |
|
Return
on Investment ( R.O.I. ) |
% |
-5,85 |
-5,55 |
-1,45 |
2,31 |
|
Return/
Sales |
% |
-4,26 |
-4,08 |
-1,00 |
2,50 |
|
Extra
Management revenues/charges incid. |
% |
n.c. |
n.c. |
n.c. |
8,02 |
|
Cash
Flow |
Value |
512.065 |
525.702 |
756.114 |
210.372 |
|
Operating
Profit |
Value |
-867.354 |
-801.451 |
-196.935 |
359.192 |
|
Gross
Operating Margin |
Value |
314.795 |
205.910 |
689.863 |
692.382 |
|
MANAGEMENT |
|||||
|
Credits
to clients average term |
Days |
87,66 |
92,20 |
80,90 |
111,18 |
|
Debts
to suppliers average term |
Days |
112,16 |
99,67 |
101,10 |
104,44 |
|
Average
stock waiting period |
Days |
106,79 |
102,26 |
94,97 |
86,89 |
|
Rate
of capital employed return ( Turnover ) |
Units |
1,37 |
1,36 |
1,45 |
1,04 |
|
Rate
of stock return |
Units |
3,37 |
3,52 |
3,79 |
4,12 |
|
Labour
cost incidence |
% |
23,43 |
24,49 |
23,84 |
15,12 |
|
Net
financial revenues/ charges incidence |
% |
-0,40 |
-0,05 |
0,28 |
-2,07 |
|
Labour
cost on purchasing expenses |
% |
21,47 |
22,19 |
22,39 |
14,82 |
|
Short-term
financing charges |
% |
1,34 |
0,84 |
n.c. |
3,48 |
|
Capital
on hand |
% |
72,81 |
73,54 |
69,18 |
95,83 |
|
Sales
pro employee |
Value |
136.605 |
130.980 |
181.458 |
237.592 |
|
Labour
cost pro employee |
Value |
32.004 |
32.081 |
43.267 |
33.432 |
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.
|
Population
living in the province |
:
|
322.150 |
|
Population
living in the region |
:
|
9.393.092 |
|
Number
of families in the region |
:
|
3.858.736 |
Monthly
family expences average in the region (in Eur.) :
|
-
per food products |
:
|
460 |
|
-
per non food products |
:
|
2.090 |
|
-
per energy consume |
:
|
114 |
Statistically
the trade activity passes through serious crises.
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.63.51 |
|
|
1 |
Rs.97.85 |
|
Euro |
1 |
Rs.70.50 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.