|
Report No. : |
333261 |
|
Report Date : |
24.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
BALLABIO TRANCIATI S.R.L. |
|
|
|
|
Registered Office : |
Via Per Novedrate, 123 22066 – Mariano Comense (CO)-IT |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
01.04.2004 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
From 6 to 10 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – 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 |
As for Your mandate, we report on
:
|
Ballabio Tranciati S.r.l. |
|
Via |
Per Novedrate, |
123 |
|
22066 |
- Mariano Comense |
(CO) |
-IT- |
|
Fiscal Code |
02809300136 |
|
Legal Form |
Limited liability company |
|
start of Activities |
03/05/2004 |
|
Equity |
400.000 |
|
Turnover Range |
3.750.000/5.000.000 |
|
Number of Employees |
fom 6 to 10 |
Manufacture of products in wood,
cork, straw and plaiting materials
Manufacture of assembled parquet
floors
Wholesale of wood, semi-finsiheds
in wood and artificial wood
Legal Form : Limited liability
company
|
Register of Handcraft firms :
92789 |
|
Register of Handcraft firms :
92789 of Como since 12/05/2004 |
|
Fiscal Code : 02809300136 |
|
Foreign Trade Reg. no. :
CO047720 since 01/06/2004 |
|
Foreign Trade Reg. no. : 047720
of Como since 01/06/2004 |
|
Chamber of Commerce no. :
280211 of Como since 16/04/2004 |
|
Firms' Register : CO-2004-14327
of Como since 16/04/2004 |
|
V.A.T. Code : 02809300136 |
|
Establishment date |
: 01/04/2004 |
|
Start of Activities |
: 03/05/2004 |
|
Legal duration |
: 31/12/2040 |
|
Nominal Capital |
: 100.000 |
|
Subscribed Capital |
: 100.000 |
|
Paid up Capital |
: 100.000 |
|
Legal mail : |
BALLABIOTRANCIATI@PEC.IT |
|
Ballabio |
Angelo |
|
Born in Mariano Comense |
(CO) |
on 01/06/1970 |
- Fiscal Code :
BLLNGL70H01E951O |
|
Residence: |
Filippo Meda |
, 26 |
- 22066 |
Mariano Comense |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
01/01/2011 |
||
|
Managing Director |
19/08/2013 |
|
No Prejudicial events are
reported |
|
No Protests registered |
|
Ballabio |
Matteo |
|
Born in Mariano Comense |
(CO) |
on 29/01/1977 |
- Fiscal Code :
BLLMTT77A29E951I |
|
Residence: |
Isonzo |
, 31 |
- 22066 |
Mariano Comense |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
01/01/2011 |
||
|
Managing Director |
19/08/2013 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Mainetti |
Anna Maria |
|
Born in Casola Valsenio |
(RA) |
on 26/10/1947 |
- Fiscal Code :
MNTNMR47R66B982R |
|
Residence: |
Mazzini |
, 13 |
- 22066 |
Mariano Comense |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
01/01/2011 |
||
|
Managing Director |
19/08/2013 |
|
No Prejudicial events are
reported |
|
No Protests registered |
|
Ballabio |
Mario |
|
Born in Carugo-arosio |
( ) |
on 05/06/1940 |
- Fiscal Code : BLLMRA40H05B852A |
|
Residence: |
Mazzini |
, 13 |
- 22066 |
Mariano Comense |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
01/01/2011 |
*checkings have been performed on
a national scale.
In this module are listed the
companies in which members hold or have holded positions.
|
Ballabio |
Matteo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Sol Levante S.r.l. |
Putignano (BA) - IT - |
06355270726 |
Board Chairman |
Withdrawn |
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 |
|
Ballabio Angelo |
Mariano Comense - IT - |
BLLNGL70H01E951O |
50.000 .Eur |
50,00 |
|
Ballabio Matteo |
Mariano Comense - IT - |
BLLMTT77A29E951I |
50.000 .Eur |
50,00 |
The Company under review has no
participations in other Companies.
In order to carry out its
activities the firm uses the following locations:
|
- |
Legal and operative seat |
|
Per Novedrate |
, 123 |
- 22066 |
- Mariano Comense |
(CO) |
- IT - |
|
Trading Style: BALLABIO
TRANCIATI S.A.S. |
|
Legal mail |
: BALLABIOTRANCIATI@PEC.IT |
|
Employees |
: 5 |
|
Assistants |
: 2 |
|
Part-time workers |
: 3 |
|
Fittings and Equipment for a
value of 3.000 |
Eur |
|
Stocks for a value of 640.000 |
Eur |
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.
Company's starting of activities
dates back to 2004.
The eonomic-financial analysis is
based on the latest 3 b/s.
During the last years, it
achieved profits (r.o.e. 5,34% on 2014) and with an upward trend in turnover
trend during the last financial year (+54,29% in 2014).
The return on Investment in the
last financial year was positive (1,5%) falling within the field's average.
The amount of the operating
result for the year 2014 is of Eur. 38.990 with a -58,33% drop.
The gross operating margin of the
latest financial year is of Eur. 50.409 recording a -54,85% decrease.
The ratio between debts and total
assets is fairly high, as it comes out from the indebtedness (6,41) increasing
as against 2013.
It's shareholders funds amount to
Eur. 337.917 , unchanged if compared to 2013.
In the year 2014 total debts
amounted to Eur. 2.198.805 on the same levels as the year before.
Financial debts as well as debts
to suppliers are rather high anyway better than the field's average.
It shows a good range of
liquidity.
Accounts receivable average term
is high (143,75 days). even if compared to the average of the sector.
As far as the cash flow is concerned
during the latest financial year it amounted to Eur. 29.477
Labour cost amounts to Eur.
162.189, with a 3,52% incidence on production costs. , whereas the incidence on
sales revenues is of 3,5%.
No incidence of financial charges
as lower than the incomes.
|
Complete balance-sheet for the
year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
4.634.787 |
|
Profit (Loss) for the period |
18.058 |
|
Complete balance-sheet for the
year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
3.003.852 |
|
Profit (Loss) for the period |
35.904 |
|
Complete balance-sheet for the
year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
3.142.013 |
|
Profit (Loss) for the period |
38.752 |
From our constant monitoring of
the relevant Public Administration offices, no more recent balance sheets
result to have been filed.
|
- Balance Sheet as at
31/12/2014 - 12 Mesi - Currency: - Amounts x 1 |
|
- 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 |
|
Years |
2014 |
2013 |
2012 |
|
BALANCE SHEET ACCOUNTS |
|||
|
|
|||
|
ASSETS |
|
|
|
|
CREDITS VS PARTNERS |
|||
|
. Deposits not yet withdrawn |
|||
|
. Deposits already withdrawn |
|||
|
Total credits vs partners |
|||
|
FIXED ASSETS |
|||
|
. INTANGIBLE FIXED ASSETS |
|||
|
. . Start-up and expansion
expenses |
|||
|
. . Research,develop. and
advert.expens. |
|||
|
. . Industrial patent rights |
|||
|
. .
Concessions,licenses,trademarks,etc. |
|||
|
. . Goodwill |
|||
|
. . Assets in formation and
advance paymen. |
|||
|
. . Other intangible fixed
assets |
|||
|
. Total Intangible Fixed Assets |
1.236 |
||
|
. TANGIBLE FIXED ASSETS |
|||
|
. . Real estate |
|||
|
. . Plant and machinery |
2.716 |
||
|
. . Industrial and commercial
equipment |
431 |
||
|
. . Other assets |
159 |
||
|
. . Assets under construction
and advances |
|||
|
. Total Tangible fixed assets |
3.306 |
5.424 |
15.612 |
|
. FINANCIAL FIXED ASSETS |
|||
|
. . Equity investments |
|||
|
. . . Equity invest. in
subsidiary companies |
|||
|
. . . Equity invest. in
associated companies |
|||
|
. . . Equity invest. in holding
companies |
|||
|
. . . Equity invest. in other
companies |
|||
|
. . Financial receivables |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . . Receivab due from
subsidiaries |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . . Receivables due from
assoc.comp. |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . . Receivables due from
holding comp. |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . . Receivables due from
third parties |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Other securities |
|||
|
. . Own shares |
|||
|
. . . Total nominal value |
|||
|
. Total financial fixed assets |
|||
|
Total fixed assets |
3.306 |
5.424 |
16.848 |
|
CURRENT ASSETS |
|||
|
. INVENTORIES |
|||
|
. . Raw materials and other
consumables |
|||
|
. . Work in progress and semimanufactured |
639.572 |
||
|
. . Work in progress on order |
|||
|
. . Finished goods |
|||
|
. . Advance payments |
|||
|
. Total Inventories |
639.572 |
708.851 |
614.106 |
|
. CREDITS NOT HELD AS FIXED
ASSETS |
|||
|
. . Within 12 months |
1.909.985 |
1.587.075 |
1.373.370 |
|
. . Beyond 12 months |
9.109 |
2.643 |
2.643 |
|
. . Trade receivables |
1.850.700 |
||
|
. . . . Within 12 months |
1.850.700 |
||
|
. . . . Beyond 12 months |
|||
|
. . Receivables due from
subsid. comp. |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Receivables due from assoc.
comp. |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Receivables due from
holding comp. |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Fiscal Receivables |
57.263 |
||
|
. . . . Within 12 months |
57.263 |
||
|
. . . . Beyond 12 months |
|||
|
. . Receivables for anticipated
taxes |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Receivables due from third
parties |
2.022 |
||
|
. . . . Within 12 months |
2.022 |
||
|
. . . . Beyond 12 months |
|||
|
. Total Credits not held as
fixed assets |
1.919.094 |
1.589.718 |
1.376.013 |
|
. FINANCIAL ASSETS |
|||
|
. . Equity invest. in
subsidiary comp. |
|||
|
. . Equity invest. in
associated companies |
|||
|
. . Equity invest. in holding
companies |
|||
|
. . Other equity investments |
|||
|
. . Own shares |
|||
|
. . . Total nominale value |
|||
|
. . Other securities |
|||
|
. Total Financial Assets |
|||
|
. LIQUID FUNDS |
|||
|
. . Bank and post office
deposits |
31.411 |
||
|
. . Checks |
|||
|
. . Banknotes and coins |
646 |
||
|
. Total Liquid funds |
32.057 |
13.946 |
16.677 |
|
Total current assets |
2.590.723 |
2.312.515 |
2.006.796 |
|
ADJUSTMENT ACCOUNTS |
|||
|
. Discount on loans |
|||
|
. Other adjustment accounts |
349 |
349 |
435 |
|
Total adjustments accounts |
349 |
349 |
435 |
|
TOTAL ASSETS |
2.594.378 |
2.318.288 |
2.024.079 |
|
LIABILITIES |
|||
|
STOCKHOLDERS' EQUITY |
|||
|
. Capital stock |
100.000 |
100.000 |
100.000 |
|
. Additional paid-in capital |
|||
|
. Revaluation reserves |
|||
|
. Legal reserve |
19.376 |
19.376 |
|
|
. Reserve for Own shares |
|||
|
. Statute reserves |
|||
|
. Other reserves |
154.736 |
154.736 |
154.736 |
|
. Accumulated Profits (Losses) |
45.747 |
27.468 |
31.445 |
|
. Profit( loss) of the year |
18.058 |
35.904 |
38.752 |
|
. Advances on dividends |
|||
|
. Partial loss of the year
Coverage |
|||
|
Total Stockholders'Equity |
337.917 |
337.484 |
324.933 |
|
RESERVES FOR RISKS AND CHARGES |
|||
|
. . Reserve for employee
termination indem. |
|||
|
. . Taxation fund, also differed |
|||
|
. . Other funds |
|||
|
Total Reserves for Risks and
Charges |
|||
|
Employee termination
indemnities |
57.656 |
50.294 |
43.068 |
|
ACCOUNTS PAYABLE |
|||
|
. . . . Within 12 months |
2.198.805 |
1.930.510 |
1.656.078 |
|
. . . . Beyond 12 months |
|||
|
. . Bonds |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Convertible bonds repayable |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Due to shareholders for
financing |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Due to banks |
942.684 |
||
|
. . . . Within 12 months |
942.684 |
||
|
. . . . Beyond 12 months |
|||
|
. . Due to other providers of finance |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Advances from customers |
35.744 |
||
|
. . . . Within 12 months |
35.744 |
||
|
. . . . Beyond 12 months |
|||
|
. . Trade payables |
1.168.271 |
||
|
. . . . Within 12 months |
1.168.271 |
||
|
. . . . Beyond 12 months |
|||
|
. . Securities issued |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Due to subsidiary companies |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Due to associated companies |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Due to holding companies |
|||
|
. . . . Within 12 months |
|||
|
. . . . Beyond 12 months |
|||
|
. . Due to the tax authorities |
14.086 |
||
|
. . . . Within 12 months |
14.086 |
||
|
. . . . Beyond 12 months |
|||
|
. . Due to social security and
welfare inst. |
8.582 |
||
|
. . . . Within 12 months |
8.582 |
||
|
. . . . Beyond 12 months |
|||
|
. . Other payables |
29.438 |
||
|
. . . . Within 12 months |
29.438 |
||
|
. . . . Beyond 12 months |
|||
|
Total accounts payable |
2.198.805 |
1.930.510 |
1.656.078 |
|
ADJUSTMENT ACCOUNTS |
|||
|
. Agio on loans |
|||
|
. Other adjustment accounts |
|||
|
Total adjustment accounts |
|||
|
TOTAL LIABILITIES |
2.594.378 |
2.318.288 |
2.024.079 |
|
Third party goods |
|||
|
Investment accounts |
|||
|
Risk accounts |
|||
|
Civil and fiscal norms relation |
|
VALUE OF PRODUCTION |
|||
|
. Revenues from sales and
services |
4.643.816 |
3.021.804 |
3.161.388 |
|
. Changes in work in progress |
|||
|
. Changes in semi-manufact.
products |
|||
|
. Capitalization of internal
work |
|||
|
. Other income and revenues |
1.051 |
4.582 |
3.204 |
|
. . Contributions for operating
expenses |
|||
|
. . Different income and
revenues |
1.051 |
4.582 |
3.204 |
|
Total value of production |
4.644.867 |
3.026.386 |
3.164.592 |
|
PRODUCTION COSTS |
|||
|
. Raw material,other materials
and consum. |
3.560.424 |
2.290.773 |
2.219.773 |
|
. Services received |
|||
|
. Leases and rentals |
715.680 |
542.141 |
538.175 |
|
. Payroll and related costs |
162.189 |
163.671 |
163.655 |
|
. . Wages and salaries |
149.307 |
126.342 |
125.734 |
|
. . Social security
contributions |
5.119 |
28.072 |
28.214 |
|
. . Employee termination
indemnities |
7.763 |
9.257 |
9.707 |
|
. . Pension and similar |
|||
|
. . Other costs |
|||
|
. Amortization and depreciation |
11.419 |
18.092 |
26.570 |
|
. . Amortization of intangible
fixed assets |
1.122 |
1.160 |
|
|
. . Amortization of tangible
fixed assets |
2.119 |
9.242 |
18.537 |
|
. . Depreciation of tangible
fixed assets |
|||
|
. . Writedown of current
receiv.and of liquid |
9.300 |
7.728 |
6.873 |
|
. Changes in raw materials |
69.279 |
-94.745 |
-94.786 |
|
. Provisions to risk reserves |
|||
|
. Other provisions |
|||
|
. Other operating costs |
86.886 |
12.875 |
224.823 |
|
Total production costs |
4.605.877 |
2.932.807 |
3.078.210 |
|
Diff. between value and cost of
product. |
38.990 |
93.579 |
86.382 |
|
FINANCIAL INCOME AND EXPENSE |
|||
|
. Income from equity
investments |
|||
|
. . In subsidiary companies |
|||
|
. . In associated companies |
|||
|
. . In other companies |
|||
|
. Other financial income |
123 |
12 |
13 |
|
. . Financ.income from
receivables |
|||
|
. . . Towards subsidiary
companies |
|||
|
. . . Towards associated
companies |
|||
|
. . . Towards holding companies |
|||
|
. . . Towards other companies |
|||
|
. . Financ.income from secur.
t.f.assets |
|||
|
. . Financ.income from secur.
cur.assets |
|||
|
. . Financ.income other than
the above |
123 |
12 |
13 |
|
. . . - Subsidiary companies |
|||
|
. . . - Associated companies |
|||
|
. . . - Holding companies |
|||
|
. . . - Other companies |
123 |
12 |
13 |
|
. Interest and other financial
expense |
1.875 |
-34.582 |
-17.019 |
|
. . Towards subsidiary
companies |
|||
|
. . Towards associated
companies |
|||
|
. . Towards holding companies |
|||
|
. . Towards other companies |
-1.875 |
34.582 |
17.019 |
|
Total financial income and
expense |
1.998 |
-34.570 |
-17.006 |
|
ADJUSTMENTS TO FINANCIAL ASSETS |
|||
|
. Revaluations |
|||
|
. . Of equity investments |
|||
|
. . Of financ.fixed assets not
repres.E.I. |
|||
|
. . Of securities incl.among
current assets |
|||
|
. Devaluation |
|||
|
. . Of equity investments |
|||
|
. . Of financial fixed assets (no
equity inv) |
|||
|
. . Of securities included
among current ass |
|||
|
Total adjustments to financial
assets |
|||
|
EXTRAORDINARY INCOME AND
EXPENSE |
|||
|
. Extraordinary income |
876 |
2.643 |
|
|
. . Gains on disposals |
|||
|
. . Other extraordinary income |
876 |
2.643 |
|
|
. Extraordinary expense |
|||
|
. . Losses on disposals |
|||
|
. . Taxes relating to prior
years |
|||
|
. . Other extraordinary expense |
|||
|
Total extraordinary income and
expense |
876 |
-1 |
2.643 |
|
Results before income taxes |
41.864 |
59.008 |
72.019 |
|
. Taxes on current income |
23.806 |
23.104 |
33.267 |
|
. . current taxes |
23.806 |
23.104 |
33.267 |
|
. . differed taxes(anticip.) |
|||
|
. Net income for the period |
18.058 |
35.904 |
38.752 |
|
. Adjustments in tax
regulations pursuance |
|||
|
. Provisions in tax regulations
pursuance |
|||
|
. Profit (loss) of the year |
18.058 |
35.904 |
38.752 |
|
RATIOS |
Value Type |
as at 31/12/2014 |
as at 31/12/2013 |
as at 31/12/2012 |
Sector Average |
|
COMPOSITION ON INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,00 |
0,00 |
0,01 |
0,23 |
|
Elasticity Ratio |
Units |
1,00 |
1,00 |
0,99 |
0,75 |
|
Availability of stock |
Units |
0,25 |
0,31 |
0,30 |
0,19 |
|
Total Liquidity Ratio |
Units |
0,75 |
0,69 |
0,69 |
0,46 |
|
Quick Ratio |
Units |
0,01 |
0,01 |
0,01 |
0,02 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
6,41 |
5,73 |
5,10 |
3,53 |
|
Self Financing Ratio |
Units |
0,13 |
0,15 |
0,16 |
0,18 |
|
Capital protection Ratio |
Units |
0,65 |
0,60 |
0,57 |
0,74 |
|
Liabilities consolidation
quotient |
Units |
0,03 |
0,02 |
0,01 |
0,19 |
|
Financing |
Units |
6,51 |
5,72 |
5,10 |
4,24 |
|
Permanent Indebtedness Ratio |
Units |
0,15 |
0,16 |
0,17 |
0,33 |
|
M/L term Debts Ratio |
Units |
0,02 |
0,01 |
0,01 |
0,11 |
|
Net Financial Indebtedness
Ratio |
Units |
2,69 |
n.c. |
n.c. |
1,11 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
119,68 |
68,18 |
20,69 |
1,20 |
|
Current ratio |
Units |
1,18 |
1,19 |
1,20 |
1,07 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,89 |
0,82 |
0,83 |
0,76 |
|
Structure's primary quotient |
Units |
102,21 |
62,22 |
19,29 |
0,71 |
|
Treasury's primary quotient |
Units |
0,01 |
0,01 |
0,01 |
0,03 |
|
Rate of indebtedness ( Leverage
) |
% |
767,76 |
686,93 |
622,92 |
570,55 |
|
Current Capital ( net ) |
Value |
392.000 |
364.053 |
331.342 |
75.064 |
|
RETURN |
|||||
|
Return on Sales |
% |
0,64 |
1,80 |
2,08 |
3,19 |
|
Return on Equity - Net- (
R.O.E. ) |
% |
5,34 |
10,64 |
11,93 |
3,20 |
|
Return on Equity - Gross - (
R.O.E. ) |
% |
12,39 |
17,48 |
22,16 |
11,58 |
|
Return on Investment ( R.O.I. ) |
% |
1,50 |
4,04 |
4,27 |
3,86 |
|
Return/ Sales |
% |
0,84 |
3,12 |
2,75 |
4,18 |
|
Extra Management revenues/charges
incid. |
% |
46,31 |
38,37 |
44,86 |
18,85 |
|
Cash Flow |
Value |
29.477 |
53.996 |
65.322 |
63.415 |
|
Operating Profit |
Value |
38.990 |
93.579 |
86.382 |
78.946 |
|
Gross Operating Margin |
Value |
50.409 |
111.671 |
112.952 |
163.908 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
143,75 |
n.c. |
n.c. |
110,14 |
|
Debts to suppliers average term |
Days |
98,35 |
n.c. |
n.c. |
125,02 |
|
Average stock waiting period |
Days |
49,68 |
84,95 |
70,36 |
68,56 |
|
Rate of capital employed return
( Turnover ) |
Units |
1,79 |
1,30 |
1,55 |
1,00 |
|
Rate of stock return |
Units |
7,25 |
4,24 |
5,12 |
5,15 |
|
Labour cost incidence |
% |
3,50 |
5,45 |
5,21 |
16,61 |
|
Net financial revenues/ charges
incidence |
% |
0,04 |
-1,15 |
-0,54 |
-1,99 |
|
Labour cost on purchasing
expenses |
% |
3,52 |
5,58 |
5,32 |
16,95 |
|
Short-term financing charges |
% |
n.c. |
1,79 |
1,03 |
2,95 |
|
Capital on hand |
% |
55,98 |
77,18 |
64,42 |
99,54 |
|
Sales pro employee |
Value |
926.957 |
600.770 |
628.402 |
179.348 |
|
Labour cost pro employee |
Value |
32.437 |
32.734 |
32.731 |
32.046 |
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 |
560.941 |
|
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 |
The values are calculated on a
base of 1.333 significant companies.
The companies cash their credits
on an average of 110 dd.
The average duration of suppliers
debts is about 125 dd.
The sector's profitability is on
an average of 3,19%.
The labour cost affects the
turnover in the measure of 16,61%.
Goods are held in stock in a
range of 69 dd.
The difference between the sales
volume and the resources used to realize it is about 1,00.
The employees costs represent the
16,95% of the production costs.
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 3.842.
The insolvency index for the
region is 0,55, , while for the province it is 0,70.
Total Bankrupt companies in the
province : 2.010.
Total Bankrupt companies in the
region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.71 |
|
UK Pound |
1 |
Rs.99.57 |
|
Euro |
1 |
Rs.69.63 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
TRU |
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.