MIRA
INFORM REPORT
|
Report No. : |
311388 |
|
Report Date : |
12.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
RISO SCOTTI S.P.A. |
|
|
|
|
Registered Office : |
Via Privata Cesare Battisti, 2 20122- Milano (MI) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
03.12.1993 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
Processing of rice |
|
|
|
|
No. of Employee : |
from 131 to 150 |
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 & address
RISO SCOTTI S.P.A.
Via Privata Cesare Battisti, 2
20122- Milano (MI) -IT-
Summary
|
Fiscal Code |
: |
00164240186 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
03/12/1993 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
over 129.114.224 |
|
Number of Employees |
: |
from 131 to 150 |
|
|
|
n.b.: The Creditworthness Rate shows, in percentage, the ratio between
the suggested credit opinion and the credit amount that the firm could get if
the financial situation would be completely positive. |
Activity
Processing of rice
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 00164240186 |
|
Foreign Trade Reg. no. : MI055463 since 19/12/1991 |
|
Foreign Trade Reg. no. : 9719279 of Milano |
|
Chamber of Commerce no. : 1128806 of Milano since 20/05/1983 |
|
Chamber of Commerce no. : 102956 of Pavia since 12/03/1963 |
|
Firms' Register : MI146-222781 of Milano since 19/02/1996 |
|
V.A.T. Code : 05078040150 |
|
Foundation date |
: 17/02/1963 |
|
|
Establishment date |
: 17/02/1963 |
|
|
Start of Activities |
: 03/12/1993 |
|
|
Legal duration |
: 31/12/2030 |
|
|
Nominal Capital |
: 13.400.000 |
|
|
Subscribed Capital |
: 13.400.000 |
|
|
Paid up Capital |
: 13.400.000 |
|
Members
|
|
Radice |
Rodolfo |
|
|
|
Born in Pavia |
(PV) |
on 22/09/1956 |
- Fiscal Code : RDCRLF56P22G388H |
|
|
|
Residence: |
|
S. Invenzio |
, 2 |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/05/2014 |
|
|
|
Assistant board Chairman |
14/05/2014 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Loring Lasarte |
Salvador |
|
|
|
Born in Sevilla |
( ) |
on 26/01/1954 |
- Fiscal Code : LRNSVD54A26Z131F |
|
|
|
Residence: |
|
C. Gerardo Diego |
, 1 3 PBJA |
Sevilla |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/05/2014 |
|
|
|
|
Scotti |
Angelo Dario |
|
|
|
Born in Torino |
(TO) |
on 26/01/1956 |
- Fiscal Code : SCTNLD56A26L219T |
|
|
|
Residence: |
|
Scarpa |
, 5 |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
14/05/2014 |
|
|
|
Branch agent |
20/04/1982 |
|
|
|
Director |
14/05/2014 |
|
|
|
Board Chairman |
14/05/2014 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Pesce |
Gianluca |
|
|
|
Born in Genova |
(GE) |
on 27/03/1963 |
- Fiscal Code : PSCGLC63C27D969B |
|
|
|
Residence: |
|
Puggia |
, 22/6 |
- 16131 |
Genova |
(GE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/05/2014 |
|
|
|
|
Boneschi |
Glorenza Maria |
|
|
|
Born in Villanterio |
(PV) |
on 13/09/1944 |
- Fiscal Code : BNSGRN44P53L994A |
|
|
|
Residence: |
|
Xi Febbraio |
, 65 |
- 27019 |
Villanterio |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/05/2014 |
|
|
|
Partner |
|
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Zaninelli |
Marco |
|
|
|
Born in Brescia |
(BS) |
on 15/09/1968 |
- Fiscal Code : ZNNMRC68P15B157L |
|
|
|
Residence: |
|
Raffaello Sanzio |
, 12 |
- 25012 |
Calvisano |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/05/2014 |
|
|
|
|
Scotti |
Valentina |
|
|
|
Born in Voghera |
(PV) |
on 21/10/1983 |
- Fiscal Code : SCTVNT83R61M109B |
|
|
|
Residence: |
|
Scarpa |
, 5 |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/05/2014 |
|
|
|
|
Hernandez Callejas |
Antonio |
|
|
|
Born in Tudela |
( ) |
on 20/07/1955 |
- Fiscal Code : HRNNTN55L20Z131R |
|
|
|
Residence: |
C. Fernando El Santo |
, 21 006DR |
Madrid |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/05/2014 |
|
|
|
|
So.fi.re. Societa' Fiduciaria E Di Revis |
ione S.r.l. |
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Ebro Foods Sa |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
|
No Protests registered |
Companies connected to members *
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have
holded positions.
|
|
Radice |
Rodolfo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Eurotrading S.p.a. |
Corsico (MI) - IT - |
04507430157 |
Director |
Withdrawn |
Registered |
|
Eurofood Spa |
Corsico (MI) - IT - |
03631230376 |
Director |
Withdrawn |
Registered |
|
Green Ice S.p.a. |
Corsico (MI) - IT - |
01469100182 |
Director |
Withdrawn |
Registered |
|
Cerealreatina S.r.l. |
Milano (MI) - IT - |
00689780575 |
Director |
Withdrawn |
Registered |
|
Enac S.p.a. |
Milano (MI) - IT - |
01103210181 |
Director |
Active |
Registered |
|
Enac S.p.a. |
Milano (MI) - IT - |
01103210181 |
Board Chairman |
Active |
Registered |
|
La Valle Immobiliare Finanziaria S.p.a.In Breve La Valle S.p.a. |
Corsico (MI) - IT - |
03263460150 |
Director |
Withdrawn |
Registered |
|
Tanino Crisci Brand S.r.l. |
Milano (MI) - IT - |
05835260968 |
Director |
Withdrawn |
Registered |
|
Borgogestion Sasiborgo S.r.l. |
Milano (MI) - IT - |
04410390969 |
Director |
Withdrawn |
Registered |
|
|
Scotti |
Angelo Dario |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Antaar E S. S.p.a. |
Milano (MI) - IT - |
08075780158 |
Director |
Withdrawn |
Registered |
|
Banca Regionale Europea S.p.a. SiglabileB.r.e. Banca S.p.a. |
Cuneo (CN) - IT - |
01127760047 |
Director |
Withdrawn |
Registered |
|
Enac S.p.a. |
Milano (MI) - IT - |
01103210181 |
Director |
Active |
Registered |
|
Enac S.p.a. |
Milano (MI) - IT - |
01103210181 |
Assistant board Chairman |
Active |
Registered |
|
Riso Scotti Energia S.p.a. |
Pavia (PV) - IT - |
01579160183 |
Assistant board Chairman |
Withdrawn |
Registered |
|
Golf Immobiliare - S.p.a. |
Vigevano (PV) - IT - |
00472320183 |
Director |
Withdrawn |
Registered |
|
C.r. E S. S.r.l. |
Casanova Lonati (PV) - IT - |
01640390181 |
Director |
Withdrawn |
Registered |
|
Riso Scotti Snack S.r.l. |
Pavia (PV) - IT - |
01874370180 |
Director |
Active |
Registered |
|
Riso Scotti Snack S.r.l. |
Pavia (PV) - IT - |
01874370180 |
Board Chairman |
Active |
Registered |
|
Partner Sviluppo Imprese S.p.a. - SocietA' Di Finanziamenti,
Partecipazioni E Co |
Pavia (PV) - IT - |
01861900189 |
Assistant board Chairman |
Withdrawn |
Registered |
|
ERREPI SAS DI GIORGIO RADICE eamp; C. |
Milano (MI) - IT - |
08135070152 |
Limited Partner |
Withdrawn |
Registered |
|
SCOTTI ANGELO DARIO |
Copiano (PV) - IT - |
SCTNLD56A26L219T |
Proprietor |
Withdrawn |
Registered |
|
R.P.S. RICE PRODUCTION SYSTEMS DI MASSIMO SCOTTI S.A.S. |
Pavia (PV) - IT - |
01698700182 |
Limited Partner |
Withdrawn |
Registered |
|
SCOTTI CUGINI MASSIMO E ANGELO DARIO SOCIETA' SEMPLICE |
Copiano (PV) - IT - |
00476920186 |
Director |
Withdrawn |
Registered |
|
Enal S.r.l. |
Milano (MI) - IT - |
03528420965 |
Director |
Active |
Registered |
|
Enal S.r.l. |
Milano (MI) - IT - |
03528420965 |
Assistant board Chairman |
Active |
Registered |
|
Piacere Terra S.r.l. |
Milano (MI) - IT - |
08020950963 |
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.
Capital Shareholders
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Boneschi Glorenza Maria |
Villanterio - IT - |
BNSGRN44P53L994A |
3.248.474 .Eur |
24,24 |
|
So.fi.re. Societa' Fiduciaria E Di Revis ione S.r.l. |
|
02777020153 |
6.801.526 .Eur |
50,75 |
|
Ebro Foods Sa |
|
|
3.350.000 .Eur |
25,00 |
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 |
|
Enac s.r.l. |
Pavia - IT - |
01103210181 |
670.899 .Eur |
86,01 |
|
|
Active |
|
Parboriz S.p.a. |
Mortara - IT - |
01319210181 |
218.163 .Eur |
6,40 |
|
|
Active |
|
Antaar E S. S.p.a. |
Milano - IT - |
08075780158 |
100.000 .Eur |
18,51 |
|
|
Active |
|
Riso Scotti Energia S.p.a. |
Pavia - IT - |
01579160183 |
55.000 .Eur |
55,00 |
|
|
Active |
|
C.r. E S. S.r.l. |
Casanova Lonati - IT - |
01640390181 |
1.560 .Eur |
15,00 |
|
|
Active |
|
Asset S.r.l. |
Milano - IT - |
04920930965 |
80.000 .Eur |
60,93 |
|
|
Active |
|
Riso Scotti Snack S.r.l. |
Pavia - IT - |
01874370180 |
100.000 .Eur |
100,00 |
|
|
Active |
|
Consorzio Unienergia Ticinum Pavia |
Pavia - IT - |
01866520180 |
|
|
|
|
Active |
|
Scotteria S.r.l. |
|
06821370969 |
85.000 .Eur |
85,00 |
|
|
Active |
|
Enal S.r.l. |
Milano - IT - |
03528420965 |
19.750 .Eur |
39,50 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
since 03/03/1987 |
|
|
|
|
|
|
Privata Cesare Battisti |
, 2 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
- |
Branch |
(Factory) |
since 02/11/1999 |
|
|
|
|
|
|
Angelo Scotti |
, 2 |
- 27100 |
- Pavia |
(PV) |
- IT - |
|
|
|
|
Trading Style: RISO SCOTTI S.P.A. |
|
|
|
|
PHONE |
: 0382575578 |
|
|
|
|
PHONE |
: 03825081 |
|
- |
Branch |
(Store) |
since 02/11/1999 |
|
|
|
|
|
|
Corte Grande |
- 27010 |
- Roncaro |
(PV) |
- IT - |
|
- |
Branch |
(Factory) |
since 01/07/2013 |
|
|
|
|
|
|
Ponzio |
, 15/D |
- 27100 |
- Pavia |
(PV) |
- IT - |
|
- |
Branch |
(Store) |
since 22/04/2014 |
|
|
|
|
|
|
Veneroni |
, 7 |
- 27100 |
- Pavia |
(PV) |
- IT - |
|
|
|
|
Employees |
: 140 |
|
Fittings and Equipment for a value of 24.500.000 |
Eur |
|
Stocks for a value of 13.510.000 |
Eur |
|
Furniture and fittings for a value of 72.000 |
Eur |
|
Vehicles for a value of 150.000 |
Eur |
Trade organization: direct or by agents.
Sales area on a national scale.
|
|
The firm operates abroad as exporter..
Export represents up to 20% of the global turnover.
Products abroad are placed by :
|
- direct orders from foreign companies |
Import comes generally from the following nations:
|
- Portugal |
Export is mainly towards:
|
- Italy |
Historical Information and/or Firm's Status
EX-MEMBERS / EX-POSITIONS:
|
|
Garbagnati |
Riccardo |
|
|
|
Born in Busto Arsizio |
(VA) |
on 31/01/1961 |
- Fiscal Code : GRBRCR61A31B300W |
|
|
|
Residence: |
|
Lazio |
, 24 |
- 20135 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Scotti Ferdinando |
|
|
|
|
Born in MILANO |
(MI) |
on 29/06/1930 |
- Fiscal Code : SCTFDN30H29F205T |
|
|
|
Residence: |
|
TORRETTA |
, 17 |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Director |
|
Board Chairman |
|
|
Romagnoli |
Claudio |
|
|
|
Born in Pavia |
(PV) |
on 30/09/1968 |
- Fiscal Code : RMGCLD68P30G388K |
|
|
|
Residence: |
|
Montebello Della Battaglia |
, 4 |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
SCOTTI |
GIUSEPPE |
|
|
|
Born in VILLANTERIO |
(PV) |
on 10/07/1933 |
- Fiscal Code : SCTGPP33L10L994O |
|
|
|
Residence: |
|
S.GIORGIO |
, 201 |
- 27019 |
Villanterio |
(PV) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Malagori |
Pietro Domenico |
|
|
|
Born in Zerbo |
(PV) |
on 25/06/1928 |
- Fiscal Code : MLGPRD28H25M166S |
|
|
|
Residence: |
|
Grumello |
, 13 |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Olgiati |
Marzio Andrea |
|
|
|
Born in Magenta |
(MI) |
on 13/02/1963 |
- Fiscal Code : LGTMZN63B13E801R |
|
|
|
Residence: |
|
Carlo Porta |
, 15/A |
- 20011 |
Corbetta |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Caravella |
Antonio |
|
|
|
Born in Lamezia Terme |
(CZ) |
on 14/05/1977 |
- Fiscal Code : CRVNTN77E14M208V |
|
|
|
Residence: |
|
Passarella |
, 1 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Auditor |
|
|
Romagnoli |
Roberto |
|
|
|
Born in VICENZA |
(VI) |
on 27/01/1928 |
- Fiscal Code : RMGRRT28A27L840R |
|
|
|
Residence: |
|
LUNGOTICINO VISCONTI |
, 11 |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
De Dominicis |
Massimo |
|
|
|
Born in Mede |
(PV) |
on 11/11/1960 |
- Fiscal Code : DDMMSM60S11F080D |
|
|
|
Residence: |
|
Liberta' |
, 17/B |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Ex-Postions |
|
Auditor |
|
|
Farina |
Nicola |
|
|
|
Born in Busto Arsizio |
(VA) |
on 15/05/1970 |
- Fiscal Code : FRNNCL70E15B300Y |
|
|
|
Residence: |
|
Risorimento |
, 8 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Della Giovanna |
Piera |
|
|
|
Born in Pavia |
(PV) |
on 03/02/1951 |
- Fiscal Code : DLLPRI51B43G388O |
|
|
|
Residence: |
|
Roma |
, 41 |
- 27048 |
Sommo |
(PV) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Stringa |
Ettore |
|
|
|
Born in Voghera |
(PV) |
on 09/05/1959 |
- Fiscal Code : STRTTR59E09M109S |
|
|
|
Residence: |
|
Sant'agostino |
, 12 |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Montanari |
Giuseppe |
|
|
|
Born in Pinzolo |
(TN) |
on 06/02/1936 |
- Fiscal Code : MNTGPP36B06G681W |
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Residence: |
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Simonetta |
, 5 |
- 27100 |
Pavia |
(PV) |
- IT - |
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Ex-Postions |
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Director |
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Rinaldi |
Luigi |
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Born in Pavia |
(PV) |
on 29/08/1959 |
- Fiscal Code : RNLLGU59M29G388S |
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|
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Residence: |
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Santa Barbara |
, 7 |
- 20097 |
San Donato Milanese |
(MI) |
- IT - |
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Ex-Postions |
|
Permanent Auditor |
Protests
Protests checking on the subject firm has given a negative result.
Data Base Prejudicial Events Search
Search performed on a National Scale
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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
Subject is active since 1993
The eonomic-financial analysis is based on the latest 3 b/s.
In the economic management , good and bad results followed on by turns.
anyway in 2013 a positive result was achieved (r.o.e. 11,51%).
The operating result in 2013 was positive (5,62%) falling within the
field's average.
An operating result of Eur. 8.203.342 has been registered. on stable levels
if compared to the previous year.
A gross operating margine for a value of Eur. 13.088.585 was reached.
with no sensible increase as against 2012.
The analysis shows a fair financial position as the indebtedness volume
is acceptable (1,73) and decreasing as against 2012.
The equity capital is equal to Eur. 37.543.025 on the same levels as the
year before.
In the year 2013 total debts amounted to Eur. 99.769.105 on the same
levels as the year before.
The exposure towards banks is slightly high, the recourse to suppliers'
credit is limited which is higher compared to the sector.
Liquidity is not positive.
Credits are collected in 50,22 days on the average. , that compared to
the sector's average is shorter.
The financial management generated a cash flow of Eur. 8.148.571.
Labour cost amounts to Eur. 11.084.826, with a 6,2% incidence on
production costs. , whereas the incidence of such costs on sales revenues is
equal to 6,01%.
If compared to the sales volume (-0,92%), the impact of the financial
charges is limited.
Financial Data
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Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
184.452.671 |
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Profit (Loss) for the period |
4.321.194 |
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|
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Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
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Item Type |
Value |
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Sales |
177.284.138 |
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Profit (Loss) for the period |
5.504.545 |
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Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
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Item Type |
Value |
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Sales |
202.184.724 |
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Profit (Loss) for the period |
-2.609.067 |
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Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
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Item Type |
Value |
|
Sales |
159.767.076 |
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Profit (Loss) for the period |
2.863.522 |
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|
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Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
163.252.073 |
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Profit (Loss) for the period |
3.690.374 |
Balance Sheets
From our constant monitoring of the relevant Public Administration offices,
no more recent balance sheets result to have been filed.
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- Balance Sheet as at 31/12/2013 - 12 Mesi - Currency: - Amounts x 1 |
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- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
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- 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 |
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COMPOSITION ON INVESTMENT |
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Rigidity Ratio |
Units |
0,51 |
0,46 |
0,36 |
0,33 |
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Elasticity Ratio |
Units |
0,48 |
0,53 |
0,63 |
0,65 |
|
Availability of stock |
Units |
0,09 |
0,07 |
0,08 |
0,13 |
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Total Liquidity Ratio |
Units |
0,39 |
0,46 |
0,55 |
0,47 |
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Quick Ratio |
Units |
0,10 |
0,13 |
0,09 |
0,01 |
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COMPOSITION ON SOURCE |
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Net Short-term indebtedness |
Units |
1,73 |
1,77 |
2,70 |
2,40 |
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Self Financing Ratio |
Units |
0,26 |
0,23 |
0,20 |
0,23 |
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Capital protection Ratio |
Units |
0,53 |
0,43 |
0,63 |
0,64 |
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Liabilities consolidation quotient |
Units |
0,29 |
0,34 |
0,20 |
0,31 |
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Financing |
Units |
2,66 |
3,05 |
3,72 |
2,99 |
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Permanent Indebtedness Ratio |
Units |
0,42 |
0,42 |
0,33 |
0,43 |
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M/L term Debts Ratio |
Units |
0,16 |
0,18 |
0,13 |
0,12 |
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Net Financial Indebtedness Ratio |
Units |
1,03 |
1,13 |
1,25 |
1,39 |
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CORRELATION |
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Fixed assets ratio |
Units |
0,81 |
0,90 |
0,91 |
1,26 |
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Current ratio |
Units |
0,90 |
0,98 |
0,98 |
1,17 |
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Acid Test Ratio-Liquidity Ratio |
Units |
0,73 |
0,85 |
0,86 |
0,94 |
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Structure's primary quotient |
Units |
0,50 |
0,51 |
0,56 |
0,74 |
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Treasury's primary quotient |
Units |
0,18 |
0,23 |
0,14 |
0,03 |
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Rate of indebtedness ( Leverage ) |
% |
388,62 |
426,93 |
491,44 |
441,38 |
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Current Capital ( net ) |
Value |
-7.982.114 |
-1.164.653 |
-1.750.369 |
741.359 |
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RETURN |
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Return on Sales |
% |
4,42 |
6,42 |
0,69 |
2,22 |
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Return on Equity - Net- ( R.O.E. ) |
% |
11,51 |
16,55 |
-8,97 |
1,88 |
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Return on Equity - Gross - ( R.O.E. ) |
% |
19,18 |
27,28 |
-0,12 |
6,77 |
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Return on Investment ( R.O.I. ) |
% |
5,62 |
6,78 |
2,10 |
3,89 |
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Return/ Sales |
% |
4,45 |
5,43 |
1,48 |
2,91 |
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Extra Management revenues/charges incid. |
% |
52,68 |
57,20 |
-87,07 |
17,17 |
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Cash Flow |
Value |
8.148.571 |
11.382.893 |
1.385.216 |
197.397 |
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Operating Profit |
Value |
8.203.342 |
9.623.560 |
2.996.685 |
275.911 |
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Gross Operating Margin |
Value |
13.088.585 |
15.884.309 |
8.184.183 |
489.421 |
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MANAGEMENT |
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Credits to clients average term |
Days |
50,22 |
69,66 |
88,33 |
94,23 |
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Debts to suppliers average term |
Days |
68,17 |
78,37 |
69,24 |
54,97 |
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Average stock waiting period |
Days |
26,36 |
20,80 |
19,93 |
31,54 |
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Rate of capital employed return ( Turnover ) |
Units |
1,26 |
1,25 |
1,41 |
1,46 |
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Rate of stock return |
Units |
13,65 |
17,31 |
18,06 |
11,40 |
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Labour cost incidence |
% |
6,01 |
5,95 |
5,31 |
4,90 |
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Net financial revenues/ charges incidence |
% |
-0,92 |
-1,49 |
-1,11 |
-1,76 |
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Labour cost on purchasing expenses |
% |
6,20 |
6,24 |
5,27 |
5,09 |
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Short-term financing charges |
% |
2,08 |
3,12 |
2,45 |
3,82 |
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Capital on hand |
% |
79,10 |
80,07 |
70,71 |
68,73 |
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Sales pro employee |
Value |
533.100 |
538.857 |
603.536 |
750.576 |
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Labour cost pro employee |
Value |
32.037 |
32.088 |
32.061 |
34.578 |
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
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Population living in the province |
: |
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Population living in the region |
: |
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Number of families in the region |
: |
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3.839.216Monthly family expences average in the region (in Eur..) :
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- per food products |
: |
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- per non food products |
: |
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- per energy consume |
: |
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Sector Data
The values are calculated on a base of 221 significant companies.
The companies cash their credits on an average of 94 dd.
The average duration of suppliers debts is about 55 dd.
The sector's profitability is on an average of 2,22%.
The labour cost affects the turnover in the measure of 4,90%.
Goods are held in stock in a range of 32 dd.
The difference between the sales volume and the resources used to
realize it is about 1,46.
The employees costs represent the 5,09% of the production costs.
Statistical Detrimental Data
Statistcally the trade activity shows periods of crisis.
The area is statistically considered lowly risky.
In the region 50.886 protested subjects are found; in the province they
count to 24.765.
The insolvency index for the region is 0,55, , while for the province it
is 0,66.
Total Bankrupt companies in the province : 22.523.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.75 |
|
|
1 |
Rs.94.60 |
|
Euro |
1 |
Rs.67.10 |
INFORMATION DETAILS
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Analysis Done by
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DIV |
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Report Prepared
by : |
SDA |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation
is considered normal. Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.