|
Report No. : |
333835 |
|
Report Date : |
27.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
MEI INTERNATIONAL S.R.L. |
|
|
|
|
Registered Office : |
Via Morazzone, 2, 21100 – Varese (VA) -IT- |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
17.10.1988 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of textile machinery, machinery
and systems for auxiliary treatment of textiles, sewing and weaving machines
(including spare parts and accessories) |
|
|
|
|
No. of Employees : |
From 11 to 15 |
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 |
|
Mei
International S.r.l. |
|
Via |
Morazzone, |
2
|
|
21100 |
-
Varese |
(VA) |
-IT- |
|
Fiscal
Code |
: |
01780030134 |
|
Legal
Form |
: |
Limited
liability company |
|
start
of Activities |
: |
04/04/1989 |
|
Equity |
: |
Over
2.582.254 |
|
Turnover
Range |
: |
5.000.000/6.500.000
|
|
Number
of Employees |
: |
from
11 to 15 |
Manufacture
of textile machinery, machinery and systems for auxiliary treatment of
textiles, sewing and weaving machines (including spare parts and accessories)
Legal
Form : Limited liability company
|
Fiscal
Code : 01780030134 |
|
Chamber
of Commerce no. : 215992 of Como since 30/12/1988 until 12/12/1997 |
|
Chamber
of Commerce no. : 231494 of Varese since 01/06/1993 |
|
Firms'
Register : VA-1998-9824 of Varese since 04/03/1998 |
|
V.A.T.
Code : 02412410124 |
|
Foundation
date |
:
17/10/1988 |
|
|
Establishment
date |
:
17/10/1988 |
|
|
Start
of Activities |
:
04/04/1989 |
|
|
Legal
duration |
:
31/12/2025 |
|
|
Nominal
Capital |
:
156.000 |
|
|
Subscribed
Capital |
:
156.000 |
|
|
Paid
up Capital |
:
156.000 |
|
Legal
mail : |
MEILABEL@PCERT.IT |
|
Montalbetti |
Adriana |
|
Born
in Gallarate |
(VA) |
on
23/01/1945 |
-
Fiscal Code : MNTDRN45A63B368A |
|
Residence: |
Risorgimento |
,
4 |
-
21013 |
Gallarate |
(VA) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|
No
Prejudicial events are reported |
|
No
Protests registered |
|
Saporiti |
Giancarlo |
|
Born
in Carnago |
(VA) |
on
03/04/1943 |
-
Fiscal Code : SPRGCR43D03B796B |
|
Residence: |
Arconti |
,
33 |
-
21013 |
Gallarate |
(VA) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Procurator |
21/05/1998 |
|
No
Prejudicial events are reported |
|
No
Protests registered |
|
Saporiti |
Giovanni |
|
Born
in Busto Arsizio |
(VA) |
on
02/05/1968 |
-
Fiscal Code : SPRGNN68E02B300Q |
|
Residence: |
Risorgimento |
,
4 |
-
21013 |
Gallarate |
(VA) |
-
IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole
Director |
01/02/2015 |
|
No
Prejudicial events are reported |
|
No
Protests registered |
|
Saporiti
Giovanni |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|
No
Prejudicial events are reported |
|
No
Protests registered |
|
Saporiti
Alessandro |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|
No
Prejudicial events are reported |
|
No
Protests registered |
*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.
Shareholders'
list as at date of data collection:
|
Firm's
Style / Name |
Seat
/ Residence |
Fiscal
Code |
Owned
Shares |
%
Ownership |
|
Montalbetti
Adriana |
Gallarate
- IT - |
MNTDRN45A63B368A |
54.600
.Eur |
35,00 |
|
Saporiti
Giovanni |
SPRGNN68E02B300Q |
50.700
.Eur |
32,50 |
|
|
Saporiti
Alessandro |
SPRLSN72R11B300E |
50.700
.Eur |
32,50 |
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 |
since
12/12/1997 |
|
Morazzone |
,
2 |
-
21100 |
-
Varese |
(VA) |
-
IT - |
|
PHONE |
:
0331792408 |
|
FAX |
:
0331776129 |
|
Legal
mail |
:
MEILABEL@PCERT.IT |
|
- |
Branch |
(Factory) |
since
07/05/1993 |
|
Rovereto |
,
14 |
-
21013 |
-
Gallarate |
(VA) |
-
IT - |
|
PHONE |
:
0331/792470 |
|
PHONE |
:
0331792408 |
|
- |
Branch |
(Store) |
since
01/01/1996 |
|
Andrea
Costa |
,
13 |
-
21013 |
-
Gallarate |
(VA) |
-
IT - |
|
Employees |
:
10 |
|
Assistants |
:
1 |
|
Fittings
and Equipment for a value of 130.000 |
Eur |
|
Stocks
for a value of 1.430.000 |
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 1989.
The
analysis is based on the latest 3 balance sheets.
During
the last years, it achieved profits (r.o.e. 1,83% on 2013)
The
operating result was positive in the last financial year (1,44%) and reflects
the field's average.
The
amount of the operating result for the year 2013 is of Eur. 89.732 showing a
fall as opposed to the previous year (-35,94%).
The
economic management produced a gross operating margin of Eur. 132.131 showing a
drop (-28,53%).
Excellent
equity structure since liquidity is higher than short term liabilities.
It's
shareholders funds amount to Eur. 3.242.290 on stable levels.
Total
debts recorded amounted to Eur. 2.604.798 (Eur. 1.268.577 of which were m/l
term debts) , a more or less stable value.
Current
liquid assets is positive.
The
financial management generated a cash flow of Eur. 92.128.
Subordinate employment cost is of Eur. 429.234, i.e. 7,29% on total production costs. , whereas the incidence on sales revenues is of 7,29%.
|
Complete
balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
5.890.081 |
|
Profit
(Loss) for the period |
59.336 |
|
Complete
balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
6.616.449 |
|
Profit
(Loss) for the period |
79.320 |
|
|
Complete
balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
6.201.707 |
|
Profit
(Loss) for the period |
65.734 |
|
Complete
balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
5.958.019 |
|
Profit
(Loss) for the period |
62.328 |
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 |
|
Years |
2013 |
2012 |
2011 |
|
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. |
|||
|
.
. Goodwill |
|||
|
.
. Assets in formation and advance paymen. |
|||
|
.
. Other intangible fixed assets |
|||
|
.
Total Intangible Fixed Assets |
13.516 |
25.470 |
43.380 |
|
.
TANGIBLE FIXED ASSETS |
|||
|
.
. Real estate |
|||
|
.
. Plant and machinery |
|||
|
.
. Industrial and commercial equipment |
|||
|
.
. Other assets |
|||
|
.
. Assets under construction and advances |
|||
|
.
Total Tangible fixed assets |
397.473 |
404.761 |
395.393 |
|
.
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 |
1.042 |
1.042 |
1.042 |
|
.
. . . 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 |
1.042 |
1.042 |
1.042 |
|
Total
fixed assets |
412.031 |
431.273 |
439.815 |
|
CURRENT
ASSETS |
|||
|
.
INVENTORIES |
|||
|
.
. Raw materials and other consumables |
|||
|
.
. Work in progress and semimanufactured |
|||
|
.
. Work in progress on order |
|||
|
.
. Finished goods |
|||
|
.
. Advance payments |
|||
|
.
Total Inventories |
1.429.152 |
1.991.892 |
1.689.894 |
|
.
CREDITS NOT HELD AS FIXED ASSETS |
|||
|
.
. Within 12 months |
2.240.144 |
3.058.910 |
2.202.537 |
|
.
. Beyond 12 months |
4.659 |
52.659 |
44.836 |
|
.
. Trade receivables |
|||
|
.
. . . Within 12 months |
|||
|
.
. . . 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 |
|||
|
.
. . . Within 12 months |
|||
|
.
. . . Beyond 12 months |
|||
|
.
. Receivables for anticipated taxes |
|||
|
.
. . . Within 12 months |
|||
|
.
. . . Beyond 12 months |
|||
|
.
. Receivables due from third parties |
|||
|
.
. . . Within 12 months |
|||
|
.
. . . Beyond 12 months |
|||
|
.
Total Credits not held as fixed assets |
2.244.803 |
3.111.569 |
2.247.373 |
|
.
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 |
560.594 |
188.928 |
258.870 |
|
.
LIQUID FUNDS |
|||
|
.
. Bank and post office deposits |
|||
|
.
. Checks |
|||
|
.
. Banknotes and coins |
|||
|
.
Total Liquid funds |
1.428.138 |
903.801 |
395.064 |
|
Total
current assets |
5.662.687 |
6.196.190 |
4.591.201 |
|
ADJUSTMENT
ACCOUNTS |
|||
|
.
Discount on loans |
|||
|
.
Other adjustment accounts |
154.045 |
155.327 |
133.948 |
|
Total
adjustments accounts |
154.045 |
155.327 |
133.948 |
|
TOTAL
ASSETS |
6.228.763 |
6.782.790 |
5.164.964 |
|
LIABILITIES
|
|||
|
STOCKHOLDERS'
EQUITY |
|||
|
.
Capital stock |
156.000 |
156.000 |
156.000 |
|
.
Additional paid-in capital |
|||
|
.
Revaluation reserves |
|||
|
.
Legal reserve |
115.706 |
115.706 |
115.706 |
|
.
Reserve for Own shares |
|||
|
.
Statute reserves |
|||
|
.
Other reserves |
2.911.248 |
2.871.588 |
2.838.722 |
|
.
Accumulated Profits (Losses) |
|||
|
.
Profit( loss) of the year |
59.336 |
79.320 |
65.734 |
|
.
Advances on dividends |
|||
|
.
Partial loss of the year Coverage |
|||
|
Total
Stockholders'Equity |
3.242.290 |
3.222.614 |
3.176.162 |
|
RESERVES
FOR RISKS AND CHARGES |
|||
|
.
. Reserve for employee termination indem. |
|||
|
.
. Taxation fund, also differed |
|||
|
.
. Other funds |
|||
|
Total
Reserves for Risks and Charges |
64.503 |
56.503 |
48.503 |
|
Employee
termination indemnities |
221.168 |
205.020 |
188.207 |
|
ACCOUNTS
PAYABLE |
|||
|
.
. . . Within 12 months |
1.306.553 |
2.096.150 |
1.167.256 |
|
.
. . . Beyond 12 months |
1.298.245 |
1.081.864 |
484.180 |
|
.
. 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 |
|||
|
.
. . . Within 12 months |
|||
|
.
. . . Beyond 12 months |
|||
|
.
. Due to other providers of finance |
|||
|
.
. . . Within 12 months |
|||
|
.
. . . Beyond 12 months |
|||
|
.
. Advances from customers |
|||
|
.
. . . Within 12 months |
|||
|
.
. . . Beyond 12 months |
|||
|
.
. Trade payables |
|||
|
.
. . . Within 12 months |
|||
|
.
. . . 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 |
|||
|
.
. . . Within 12 months |
|||
|
.
. . . Beyond 12 months |
|||
|
.
. Due to social security and welfare inst. |
|||
|
.
. . . Within 12 months |
|||
|
.
. . . Beyond 12 months |
|||
|
.
. Other payables |
|||
|
.
. . . Within 12 months |
|||
|
.
. . . Beyond 12 months |
|||
|
Total
accounts payable |
2.604.798 |
3.178.014 |
1.651.436 |
|
ADJUSTMENT
ACCOUNTS |
|||
|
.
Agio on loans |
|||
|
.
Other adjustment accounts |
96.004 |
120.639 |
100.656 |
|
Total
adjustment accounts |
96.004 |
120.639 |
100.656 |
|
TOTAL
LIABILITIES |
6.228.763 |
6.782.790 |
5.164.964 |
|
|
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 |
0,07 |
0,06 |
0,09 |
0,18 |
|
Elasticity
Ratio |
Units |
0,91 |
0,91 |
0,89 |
0,80 |
|
Availability
of stock |
Units |
0,23 |
0,29 |
0,33 |
0,24 |
|
Total
Liquidity Ratio |
Units |
0,68 |
0,62 |
0,56 |
0,48 |
|
Quick
Ratio |
Units |
0,32 |
0,16 |
0,13 |
0,03 |
|
COMPOSITION
ON SOURCE |
|||||
|
Net
Short-term indebtedness |
Units |
n.c. |
0,38 |
0,25 |
3,25 |
|
Self
Financing Ratio |
Units |
0,52 |
0,48 |
0,61 |
0,19 |
|
Capital
protection Ratio |
Units |
0,93 |
0,93 |
0,93 |
0,63 |
|
Liabilities
consolidation quotient |
Units |
1,11 |
0,58 |
0,53 |
0,19 |
|
Financing |
Units |
0,80 |
0,99 |
0,52 |
3,80 |
|
Permanent
Indebtedness Ratio |
Units |
0,76 |
0,66 |
0,74 |
0,36 |
|
M/L
term Debts Ratio |
Units |
0,24 |
0,18 |
0,12 |
0,11 |
|
Net
Financial Indebtedness Ratio |
Units |
n.c. |
n.c. |
n.c. |
0,63 |
|
CORRELATION |
|||||
|
Fixed
assets ratio |
Units |
11,48 |
10,36 |
8,68 |
1,75 |
|
Current
ratio |
Units |
4,24 |
2,90 |
3,83 |
1,21 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
3,17 |
1,97 |
2,42 |
0,81 |
|
Structure's
primary quotient |
Units |
7,87 |
7,47 |
7,22 |
1,03 |
|
Treasury's
primary quotient |
Units |
1,49 |
0,51 |
0,54 |
0,06 |
|
Rate
of indebtedness ( Leverage ) |
% |
192,11 |
210,47 |
162,62 |
516,42 |
|
Current
Capital ( net ) |
Value |
4.326.466 |
4.060.380 |
3.391.078 |
422.465 |
|
RETURN |
|||||
|
Return
on Sales |
% |
1,56 |
1,75 |
1,65 |
3,35 |
|
Return
on Equity - Net- ( R.O.E. ) |
% |
1,83 |
2,46 |
2,07 |
5,13 |
|
Return
on Equity - Gross - ( R.O.E. ) |
% |
2,76 |
2,98 |
3,49 |
14,77 |
|
Return
on Investment ( R.O.I. ) |
% |
1,44 |
2,07 |
1,98 |
4,16 |
|
Return/
Sales |
% |
1,52 |
2,12 |
1,65 |
4,11 |
|
Extra
Management revenues/charges incid. |
% |
66,13 |
56,62 |
64,19 |
28,57 |
|
Cash
Flow |
Value |
92.128 |
115.552 |
102.621 |
122.482 |
|
Operating
Profit |
Value |
89.732 |
140.083 |
102.410 |
144.752 |
|
Gross
Operating Margin |
Value |
132.131 |
184.884 |
150.177 |
241.990 |
|
MANAGEMENT |
|||||
|
Credits
to clients average term |
Days |
n.c. |
n.c. |
n.c. |
111,85 |
|
Debts
to suppliers average term |
Days |
n.c. |
n.c. |
n.c. |
128,30 |
|
Average
stock waiting period |
Days |
87,35 |
108,38 |
98,10 |
80,43 |
|
Rate
of capital employed return ( Turnover ) |
Units |
0,95 |
0,98 |
1,20 |
1,08 |
|
Rate
of stock return |
Units |
4,12 |
3,32 |
3,67 |
4,45 |
|
Labour
cost incidence |
% |
7,29 |
6,52 |
6,58 |
19,12 |
|
Net
financial revenues/ charges incidence |
% |
0,00 |
-0,79 |
0,13 |
-1,08 |
|
Labour
cost on purchasing expenses |
% |
7,29 |
6,56 |
6,58 |
19,02 |
|
Short-term
financing charges |
% |
3,16 |
3,68 |
2,69 |
2,68 |
|
Capital
on hand |
% |
105,75 |
102,51 |
83,28 |
91,91 |
|
Sales
pro employee |
Value |
453.083 |
508.957 |
516.808 |
198.432 |
|
Labour
cost pro employee |
Value |
33.018 |
33.166 |
34.028 |
35.779 |
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 |
: |
843.250 |
|
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 1.206 significant companies.
The companies cash their credits on an average of 112 dd.
The average duration of suppliers debts is about 128 dd.
The sector's profitability is on an average of 3,35%.
The labour cost affects the turnover in the measure of 19,12%.
Goods are held in stock in a range of 80 dd.
The difference between the sales volume and the resources used to realize it is about 1,08.
The employees costs represent the 19,02% of the production costs.
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 4.597.
The insolvency index for the region is 0,55, , while for the province it is 0,55.
Total Bankrupt companies in the province : 3.052.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.89 |
|
UK Pound |
1 |
Rs.99.10 |
|
Euro |
1 |
Rs.70.12 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
VNT |
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.