MIRA INFORM REPORT
|
Report No. : |
313075 |
|
Report Date : |
17.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
PACORINI LTD D.O.O. KOPER |
|
|
|
|
Registered Office : |
Vojkovo nabreˇzje 32 6000 Koper-Capodistria |
|
|
|
|
Country : |
Slovenia |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
09.07.1989 |
|
|
|
|
Legal Form : |
D.O.O. - Limited Liability Company (Ltd.) |
|
|
|
|
Line of Business : |
Transport and other transportation support
activities |
|
|
|
|
No. of Employee : |
37 |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Slovenia |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SLOVENIA ECONOMIC OVERVIEW
With excellent infrastructure, a well-educated work force,
and a strategic location between the Balkans and Western Europe, Slovenia has one
of the highest per capita GDPs in Central Europe. Slovenia became the first
2004 European Union entrant to adopt the euro (on 1 January 2007) and has
experienced one of the most stable political transitions in Central and
Southeastern Europe. In March 2004, Slovenia became the first transition
country to graduate from borrower status to donor partner at the World Bank. In
2007, Slovenia was invited to begin the process for joining the OECD; it became
a member in 2012. However, long-delayed privatizations, particularly within
Slovenia’s largely state-owned and increasingly indebted banking sector, have
fueled investor concerns since 2012 that the country would need EU-IMF FINANCIAL
assistance.
In 2013, the European Commission granted Slovenia permission to begin
recapitalizing ailing lenders and transferring their nonperforming assets into
a “bad bank” established to restore bank balance sheets. Yield-seeking bond
investors’ strong demand for Slovenian debt helped the government in 2013 to
continue to finance itself independently on international markets. The
government has embarked on a program of state asset sales intended to bolster
investor confidence in the economy, which in 2014 is poised to contract 1%, its
third-year of recession.
|
Source
: CIA |
Company
identification
PACORINI
LTD D.O.O. KOPER Phone 05 610 40 00
Vojkovo
nabreˇzje 32 Telefax
05 627 19 04
6000
Koper-Capodistria E-Mail
info@pacorini.si
Slovenia Web
www.pacorini.si
Crefo
Nr. 9270011316 Registration:
Koper
Statistical
Nr. 5290104 Registration Nr.
10069100
Tax Nr. SI25571028 Status Active
Economic
situation
Business
connection Business connection are
premissible
Terms
of payment No complaints, but
occasional delays
Basic
information
LEGAL FORM
d.o.o. - Limited liability company (Ltd.)`
FOUNDED
03/07/1989 as d.o.o. - Limited liability company (Ltd.)
last entry on 6.6.2013
on 22.10.2012 change of registered address from Koper, Verdijeva \
ulica 1, Koper - Capodistria to Koper, Vojkovo nabre_zje 32, Koper - \
Capodistria
on 17.09.2009 change of registered address from Koper, Vojkovo \
nabre_zje 38, Koper - Capodistria to Koper, Verdijeva ulica 1, Koper - \
Capodistria
REGISTRATION
28/09/1989, Koper, 10069100
Statistical Nr.: 5290104
Tax Nr.: SI25571028
OWNERS
AND CAPITAL
|
Crefo Nr. |
Name /
Address / Status |
From |
Share |
|
Owner |
|||
|
9270011326 |
B.
Pacorini s.r.l. Via Caboto
19/2, 34147 Trieste Italy |
|
1.300.000
EUR |
|
Total
capital |
1.300.000
EUR |
||
REGISTERED
CAPITAL
Date Currency
Value
EUR 1.300.000
On 23.12.2010 increase of capital for EUR 1.200.000,--
MANAGEMENT
|
Crefo Nr. |
Name /
Address / Status |
Since |
Power of
attorney |
|
Manager |
|||
|
9270155734 |
director Clelia
Vidic Ulica Vena
Pilona 12, 6000 Koper/Capodistria Slovenia |
|
|
|
9270158495 |
confidential
clerk Natali
Ogrizek Srebrniceva ulica 1, 6000 Koper/Capodistria Slovenia |
|
|
COMPANY
ADDRESSES
|
Valid from |
Residence
address |
Valid
until |
|
|
Vojkovo
nabreZje 32, 6000 Koper-Capodistria, Slovenia Phone: 05
610 40 00 Telefax: 05 627 19 04 E-Mail: info@pacorini.si Web: www.pacorini.si |
|
Subsidiaries
|
Owner |
|
|
|
|
9270037250 |
PACORINI
Montenegro d.o.o. Montenegro |
|
60% |
BUSINESS
ACTIVITIES
|
Main activity |
Nace |
|
Other
transportation support activities |
52.29 |
|
Additional
activities |
Nace |
Company activity:
transport and other transportation support activities
headquarters and business premises are located on the address \ above-on lease,
warehouse premises are located in Sezana, Partizanska cesta 133, business premises are also on Vojkovo nabreZje 38, Kope-on lease
Economic data
Turnover and
Employees
|
Date |
Turnover |
Employees |
|
2008 |
9.625.249 EUR |
30 |
|
2009 |
9.325.305 EUR |
31 |
|
2010 |
11.513.866 EUR |
33 |
|
2011 |
13.839.066 EUR |
38 |
|
2012 |
11.625.011 EUR |
36 |
|
2013 |
9.096.512 EUR |
35 |
|
2014 |
9.632.693 EUR |
37 |
Group Pacorini Koper 2013 - 53 employees
Group Pacorini Koper 2012 - 55 employees
Group Pacorini Koper
Annual turnover 2013 EUR 14.358.187,--
Net profit 2013 EUR 579.795,--
Annual turnover 2012 eur 15.983.810,--
Net profit 2012 EUR 292.636,--
Annual turnover 2011 EUR 18.326.736,--
Net profit 2011 EUR 569.472,--
Import /
Export
|
|
Import |
Export |
|
Percentage |
Unknown |
Unknown |
|
Countries |
Denmark,
Italy, Serbia, Czech Republic |
Switzerland,
Great-Britain, USA, Austria |
Properties
|
Name |
Detail |
Currency |
Value |
|
Business premises |
Company's property Partizanska cesta 133, Sezana 6210,
Slovenia |
|
Unknown |
|
Land |
Company's property per 31.12.2014 |
EUR |
2.679.895 (Official source) |
|
Buildings |
Company's property per 31.12.2014 |
EUR |
1.781.584 (Official source) |
Supplementary
data
REMARKS
Company name:
PACORINI
Ltd Spedicija in transport d.o.o. Koper
participation
in capital:
PACORINI
Montenegro d.o.o. (60% share)
(stand
per 16.3.2015)
Banks.
|
Code |
Bank name / Address |
Account Nr. |
|
106 |
BANKA
KOPER d.d. Pristaniska
14, 6502 Koper, 6502, |
10100-0000013187 |
|
104 |
SKB
BANKA d.d. LJUBLJANA Ajdovscina
4, 1513 Ljubljana , 1513, |
SI56
0313 5100 0716 345 |
Main
indices
Payment experience
and credit opinion
|
Terms
of payment |
No
complaints, but occasional delays |
|
Business
connection |
Business
connection are premissible |
Business development
|
Company
development |
Constant |
Events
No
negative events registered.
Balance
sheet
Balance
31.12.2014 The enclosed balance of 2014 is the company’s own report, it is not authenticated by the auditor.
31.12.2013 The enclosed balance of 2013 is originated from official source, it is not authenticated by the auditor.
31.12.2012 The enclosed balance of 2012 is originated from official source, it is not authenticated by the auditor.
31.12.2011 The enclosed balance of 2011 is originated from official source, it is authenticated by the auditor .
|
Name |
Ref. |
31/12/2014 1 EUR
balance |
31/12/2013 1 EUR
balance |
31/12/2012 1 EUR
balance |
31/12/2011 1 EUR
balance |
|
ASSETS
(AKTIVA) |
|
6.958.125 |
7.223.717 |
6.806.789 |
6.381.319 |
|
|
|
|
|
|
|
|
|
|
31/12/2014 1 EUR balance |
31/12/2013 1 EUR
balance |
31/12/2012 1 EUR
balance |
31/12/2011 1 EUR balance |
|
Name |
Ref. |
||||
|
LONG-TERM
ASSETS |
|
4.952.473 |
5.105.049 |
4.890.755 |
4.322.155 |
|
Intangible
assets and long-term deferred costs and accrued revenues |
|
149.726 |
176.714 |
189.330 |
198.674 |
|
Intangible
assets |
|
149.726 |
176.714 |
|
198.674 |
|
Long-term
deferred costs and accrued revenues |
|
0 |
176.714 |
|
0 |
|
Tangible
fixed assets |
|
4.693.052 |
4.772.795 |
4.559.590 |
3.991.696 |
|
Long-term
financial investments and Real estate investments |
|
|
|
101.670 |
|
|
Investment
property |
|
0 |
|
|
0 |
|
Long-term
financial investments |
|
92.197 |
104.344 |
101.179 |
101.670 |
|
Long-term
operating receivables |
|
0 |
|
0 |
|
|
Deferred
receivables for taxes |
|
17.498 |
51.196 |
40.656 |
30.115 |
|
SHORT-TERM
ASSETS |
|
1.707.955 |
1.968.987 |
1.805.115 |
1.926.956 |
|
Assets
(group for estrange) for sell |
|
0 |
|
0 |
|
|
Inventories |
|
20.045 |
17.156 |
28.009 |
15.899 |
|
Short-term
financial investments |
|
21.023 |
18.679 |
18.283 |
22.723 |
|
Short-term
operating receivables |
|
1.636.535 |
1.831.402 |
1.743.040 |
1.797.955 |
|
Cash
assets |
|
30.352 |
101.750 |
15.783 |
90.379 |
|
Short-term
deferred costs and accrued revenues |
|
297.697 |
149.681 |
110.919 |
132.208 |
|
Off-balance
sheet items |
|
3.696.350 |
4.134.150 |
3.840.000 |
4.440.000 |
|
LIABILITIES |
|
6.958.125 |
7.223.717 |
6.806.789 |
6.381.319 |
|
CAPITAL |
|
3.841.767 |
3.687.871 |
3.379.654 |
3.272.607 |
|
Called-up
capital |
|
1.300.000 |
1.300.000 |
1.300.000 |
1.300.000 |
|
Basic
(subscribed) capital |
|
1.300.000 |
1.300.000 |
1.300.000 |
1.300.000 |
|
Non
called-up capital (deductive item) |
|
0 |
|
0 |
|
|
Capital
reserves |
|
102.914 |
102.914 |
102.914 |
102.914 |
|
Reserves
from profit |
|
613.874 |
613.874 |
613.874 |
613.874 |
|
Surplus
from revaluation |
|
0 |
|
0 |
|
|
Retained
net |
|
1.671.083 |
1.362.866 |
1.255.819 |
1.066.178 |
|
Net
business result for the business year |
|
153.896 |
308.217 |
107.047 |
189.641 |
|
PROVISIONS
AND LONG-TERM ACCRUED COSTS AND DEFERRED REVENUES |
|
0 |
|
|
0 |
|
FINANCIAL
AND BUSINESS LIABILITIES |
|
|
|
3.066.169 |
|
|
LONG-TERM
LIABILITIES |
|
1.297.550 |
1.431.350 |
1.565.150 |
1.698.950 |
|
Long-term
financial liabilities |
|
1.297.550 |
1.431.350 |
1.565.150 |
1.698.950 |
|
Long-term
operating liabilities |
|
0 |
|
0 |
0 |
|
Deferred
liabilities for taxes |
|
0 |
|
0 |
0 |
|
SHORT-TERM
LIABILITIES |
|
1.741.459 |
2.053.985 |
1.815.307 |
1.367.219 |
|
Liabilities,
included in groups for estrange |
|
0 |
|
0 |
|
|
Short-term
financial liabilities |
|
218.800 |
514.800 |
393.800 |
133.800 |
|
Short-term
operating liabilities |
|
1.522.659 |
1.539.185 |
1.421.507 |
1.233.419 |
|
Name |
Ref. |
31/12/2014 1 EUR balance |
31/12/2013 1 EUR
balance |
31/12/2012 1 EUR
balance |
31/12/2011 1 EUR
balance |
|
SHORT-TERM
ACCRUED COSTS AND DEFERRED REVENUES |
|
77.349 |
50.511 |
46.678 |
42.543 |
|
Off-balance
sheet items |
|
3.696.350 |
4.134.150 |
3.840.000 |
4.440.000 |
|
|
|
|
|
|
|
Profit
and loss accounts
31.12.2014
The enclosed profit and loss account of 2014 is the company's own report, it is
not authenticated by the auditor.
31.12.2013
The enclosed profit and loss account of 2013 is originated from official
source, it is not authenticated by the auditor.
31.12.2012
The enclosed profit and loss account of 2012 is originated from official
source, it is not authenticated by the auditor.
31.12.2011
The enclosed profit and loss account of 2011 is originated from official
source, it is authenticated by the auditor.
|
|
|
31/12/2014 1 EUR profit and
loss account |
31/12/2013 1 EUR profit and
loss account |
31/12/2012 1 EUR profit and
loss account |
31/12/2011 1 EUR profit and
loss account |
|
Name |
Ref. |
||||
|
Net sales |
|
9.566.661 |
8.999.476 |
11.490.893 |
13.643.726 |
|
Changes in
the value of inventories of products and work-in-process |
|
0 |
|
|
0 |
|
Capitalised
own products and own services |
|
0 |
|
|
0 |
|
Other
operating revenues (with subventions, grants,...) |
|
36.409 |
35.678 |
15.436 |
33.963 |
|
GROSS
OPERATING YIELD |
|
9.603.070 |
9.035.154 |
11.506.329 |
13.677.689 |
|
Cost of goods,
material and services |
|
7.646.498 |
7.048.858 |
9.679.363 |
11.630.753 |
|
Purchase
value of goods and materials sold and cost of material and cost of material
used |
|
98.248 |
133.779 |
|
117.141 |
|
Cost of
services |
|
7.548.250 |
6.915.079 |
|
11.513.612 |
|
Labour
cost |
|
1.440.900 |
1.338.979 |
1.486.915 |
1.495.419 |
|
Cost of
wages |
|
1.129.030 |
1.052.353 |
1.165.825 |
1.137.240 |
|
Cost of
pension insurance |
|
101.696 |
96.483 |
105.626 |
128.839 |
|
Cost of
other social insurance |
|
82.644 |
73.777 |
82.989 |
82.738 |
|
Other
labour cost |
|
127.530 |
116.366 |
132.475 |
146.602 |
|
Write-offs |
|
260.714 |
274.289 |
264.623 |
303.121 |
|
Depreciation |
|
152.992 |
171.298 |
166.493 |
138.981 |
|
Revaluation
operating expenses for non-tangible assets and tangible fixed assets |
|
19 |
50 |
247 |
1.098 |
|
Revaluation
operating expenses for current assets |
|
107.703 |
102.941 |
97.883 |
163.042 |
|
Other
operating expenses |
|
6.076 |
7.117 |
6.410 |
6.179 |
|
OPERATING
REVENUES |
|
|
|
13.677.689 |
|
|
OPERATING
EXPENSES |
|
|
|
13.435.472 |
|
|
OPERATING
RESULT |
|
|
|
242.217 |
|
|
EBIT |
|
248.882 |
365.911 |
69.018 |
242.217 |
|
Financial
income from investments in other enterprises |
|
351 |
57.620 |
116.024 |
86.796 |
|
|
|
31/12/2014 1 EUR profit and
loss account |
31/12/2013 1 EUR profit and
loss account |
31/12/2012 1 EUR profit and
loss account |
31/12/2011 1 EUR profit and
loss account |
|
Name |
Ref. |
||||
|
Financial income
from loans |
|
1.270 |
1.497 |
1.710 |
2.342 |
|
Financial
income from operating receivables |
|
15.233 |
1.581 |
11.904 |
47.937 |
|
Financial
expenses from depreciation and writeoffs of financial investments |
|
0 |
|
0 |
|
|
Financial expenses
from financial liabilities |
|
53.930 |
61.104 |
65.064 |
83.227 |
|
Financial
expenses from operating liabilities |
|
12.347 |
3.167 |
12.307 |
42.149 |
|
Financial
income |
|
16.854 |
60.698 |
129.638 |
137.075 |
|
Financial
expenses |
|
66.277 |
64.271 |
77.371 |
125.376 |
|
Other
revenues |
|
12.769 |
660 |
2.658 |
24.302 |
|
Other
expenses |
|
24.634 |
2.196 |
19.389 |
57.617 |
|
Total
revenues |
|
|
|
13.839.066 |
|
|
Total
costs |
|
|
|
13.618.465 |
|
|
Total
business result |
|
187.594 |
360.802 |
104.554 |
220.601 |
|
Tax on
profit |
|
0 |
63.125 |
8.047 |
52.792 |
|
Deferred
taxs |
|
33.698 |
-10.540 |
-10.540 |
-28.670 |
|
Net
business result for the accounting period |
|
153.896 |
308.217 |
107.047 |
196.479 |
Financial Ratios
|
Name |
Ref. |
31/12/2014 |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
Equity
ratio |
1 |
0,19 |
0,18 |
0,19 |
0,20 |
|
Cleared
equity ratio |
2 |
0,19 |
0,18 |
0,19 |
0,20 |
|
Current
liquidity |
3 |
0,98 |
0,96 |
0,99 |
1,41 |
|
Quick
liquidity |
4 |
0,97 |
0,95 |
0,98 |
1,40 |
|
Working
capital |
5 |
-33504,00 |
-84998,00 |
-10192,00 |
559737,00 |
|
Gearing |
6 |
5,35 |
5,56 |
5,24 |
4,91 |
|
Cleared
gearing |
7 |
1,17 |
1,50 |
1,51 |
1,41 |
|
Profitability |
8 |
|
|
|
1,59 |
|
Operating
profitability |
9 |
|
|
|
1,42 |
|
Stock days |
10 |
|
|
|
0,42 |
|
Debtor
days |
11 |
|
|
|
47,42 |
|
Supplier
days |
12 |
|
|
|
32,53 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.82 |
|
|
1 |
Rs.92.82 |
|
Euro |
1 |
Rs.66.17 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
ANK |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.