|
Report No. : |
349968 |
|
Report Date : |
20.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
CARRARO DRIVE TECH S.P.A. |
|
|
|
|
Registered Office : |
Via Olmo, 37, 35011 – Campodarsego (PD) -IT- |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
01.07.2008 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture of bearings, gears, gearing and driving elements (except
hydraulics) |
|
|
|
|
No. of Employees : |
From 500 to 750 |
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 |
CARRARO DRIVE TECH S.P.A.
Via Olmo, 37
35011 - Campodarsego (PD) -IT-
|
Fiscal Code |
: |
04308180282 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
01/07/2008 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
over 129.114.224 |
|
Number of Employees |
: |
from 500 to 750 |
|
Group |
: |
CARRARO |
Manufacture of bearings, gears, gearing and driving elements( except
hydraulics)
Legal Form : Joint stock company
|
Fiscal Code : 04308180282 |
|
Chamber of Commerce no. : 184153 of Chieti |
|
Chamber of Commerce no. : 71621 of Gorizia |
|
Chamber of Commerce no. : 379060 of Padova since 05/06/2008 |
|
Chamber of Commerce no. : 149465 of Rovigo |
|
Chamber of Commerce no. : 352807 of Treviso |
|
Chamber of Commerce no. : 344145 of Venezia |
|
V.A.T. Code : 04308180282 |
|
Establishment date |
: 04/06/2008 |
|
|
Start of Activities |
: 01/07/2008 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 30.102.365 |
|
|
Subscribed Capital |
: 30.102.365 |
|
|
Paid up Capital |
: 30.102.365 |
|
Legal mail : |
CARRARO.DRIVETECH@LEGALMAIL.IT |
|
|
Carraro S.p.a. |
|
|
Residence: |
Olmo |
, 37 |
- 35011 |
Campodarsego |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Carraro |
Mario |
|
|
Born in Campodarsego |
(PD) |
on 29/10/1929 |
- Fiscal Code : CRRMRA29R29B524Q |
|
|
Residence: |
Delle Palme |
, 8 |
- 35137 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
17/03/2015 |
||
|
Managing Director |
17/03/2015 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Carraro |
Tomaso |
|
|
Born in Padova |
(PD) |
on 23/04/1966 |
- Fiscal Code : CRRTMS66D23G224O |
|
|
Residence: |
Martiri Della Liberta' |
, 21 |
- 35137 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
17/03/2015 |
||
|
Board Chairman |
17/03/2015 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Gomiero |
Enrico |
|
|
Born in Padova |
(PD) |
on 27/10/1958 |
- Fiscal Code : GMRNRC58R27G224Y |
|
|
Residence: |
Degli Scrovegni Enrico |
, 2 |
- 35121 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
17/03/2015 |
||
|
Attorney with special power |
27/06/2008 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Negri |
Alberto |
|
|
Born in Zurigo |
( ) |
on 08/05/1955 |
- Fiscal Code : NGRLRT55E08Z133X |
|
|
Residence: |
Caprera |
, 4 |
- 43125 |
Parma |
(PR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
07/07/2014 |
||
|
Director |
17/03/2015 |
||
|
Managing Director |
17/03/2015 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Canovese |
Patrizia |
|
|
Born in Campodarsego |
(PD) |
on 08/10/1958 |
- Fiscal Code : CNVPRZ58R48B524X |
|
|
Residence: |
Pacinotti |
, 2 |
- 35010 |
Cadoneghe |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
27/06/2008 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Carraro International S.A. |
|
|
: |
RUE DU LABORATOIRE |
, 9 |
LUXEMBOURG |
- LU - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Granata |
Massimino |
|
|
Born in Crecchio |
(CH) |
on 19/04/1963 |
- Fiscal Code : GRNMSM63D19D137C |
|
|
Residence: |
Mortella |
, 64 |
- 66030 |
Poggiofiorito |
(CH) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
20/05/2015 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Lo Conte |
Fulvio |
|
|
Born in Roma |
(RM) |
on 26/05/1961 |
- Fiscal Code : LCNFLV61E26H501O |
|
|
Residence: |
San Fermo |
, 70 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
23/12/2009 |
||
|
Procurator |
30/04/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Image |
Stefano |
|
|
Born in Torino |
(TO) |
on 16/11/1968 |
- Fiscal Code : MGISFN68S16L219U |
|
|
Residence: |
Olmo |
, 37 |
- 35011 |
Campodarsego |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
20/05/2015 |
|
|
No Protests registered |
|
|
Michieletto |
Alberto |
|
|
Born in Treviso |
(TV) |
on 04/12/1973 |
- Fiscal Code : MCHLRT73T04L407Z |
|
|
Residence: |
Olmo |
, 37 |
- 35011 |
Campodarsego |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
20/05/2015 |
|
|
No Protests registered |
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have
holded positions.
|
|
Carraro |
Mario |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Carraro Omg S.p.a. |
Gorizia (GO) - IT - |
00051840312 |
Chairman |
Withdrawn |
Ceased |
|
Carraro Omg S.p.a. |
Gorizia (GO) - IT - |
00051840312 |
Managing
Director |
Withdrawn |
Ceased |
|
Carraro S.p.a. |
Campodarsego (PD) - IT - |
00202040283 |
Director |
Withdrawn |
Registered |
|
Carraro S.p.a. |
Campodarsego (PD) - IT - |
00202040283 |
Board Chairman |
Withdrawn |
Registered |
|
Siap S.p.a. |
Maniago (PN) - IT - |
00074530932 |
Director |
Withdrawn |
Registered |
|
Siap S.p.a. |
Maniago (PN) - IT - |
00074530932 |
Board Chairman |
Withdrawn |
Registered |
|
Agritalia S.p.a. |
Rovigo (RO) - IT - |
00241210293 |
Board Chairman |
Withdrawn |
Ceased |
|
Stm S.r.l. |
Maniago (PN) - IT - |
01155780933 |
Director |
Withdrawn |
Ceased |
|
Stm S.r.l. |
Maniago (PN) - IT - |
01155780933 |
Board Chairman |
Withdrawn |
Ceased |
|
T Q T S.r.l. |
Maniago (PN) - IT - |
01155790932 |
Managing
Director |
Withdrawn |
Ceased |
|
T Q T S.r.l. |
Maniago (PN) - IT - |
01155790932 |
Board Chairman |
Withdrawn |
Ceased |
|
Suam S.p.a. |
Campodarsego (PD) - IT - |
01897790281 |
Director |
Active |
Registered |
|
Suam S.p.a. |
Campodarsego (PD) - IT - |
01897790281 |
Board Chairman |
Active |
Registered |
|
M.d.p. Meccanica Del Piave S.r.l. |
Longarone (BL) - IT - |
00215780255 |
Director |
Withdrawn |
Ceased |
|
Carraro Pnh S.p.a. |
Gorizia (GO) - IT - |
00424790319 |
Director |
Withdrawn |
Merged |
|
Carraro Pnh S.p.a. |
Gorizia (GO) - IT - |
00424790319 |
Managing
Director |
Withdrawn |
Merged |
|
Carraro Pnh S.p.a. |
Gorizia (GO) - IT - |
00424790319 |
Board Chairman |
Withdrawn |
Merged |
|
Trastec - Societa' Consortile Per AzioniIn Liquidazione |
Padova (PD) - IT - |
02129230286 |
Vice-Chairman |
Withdrawn |
Registered |
|
Trastec - Societa' Consortile Per AzioniIn Liquidazione |
Padova (PD) - IT - |
02129230286 |
Director |
Withdrawn |
Registered |
|
Trastec - Societa' Consortile Per AzioniIn Liquidazione |
Padova (PD) - IT - |
02129230286 |
Assistant board
Chairman |
Withdrawn |
Registered |
|
Finanziaria Attivita' Industriali Diversificate Societa' Per Azioni In
Sigla Fin |
Padova (PD) - IT - |
02133950283 |
Director |
- |
Ceased |
|
Finanziaria Attivita' Industriali Diversificate Societa' Per Azioni In
Sigla Fin |
Padova (PD) - IT - |
02133950283 |
Board Chairman |
- |
Ceased |
|
Trenton Societa' A Responsabilita' Limitata |
Frassinoro (MO) - IT - |
00706270360 |
Director |
Withdrawn |
Ceased |
|
Trenton Societa' A Responsabilita' Limitata |
Frassinoro (MO) - IT - |
00706270360 |
Board Chairman |
Withdrawn |
Ceased |
|
Mgt S.r.l. |
Campodarsego (PD) - IT - |
03531110264 |
Director |
Withdrawn |
Registered |
|
Mgt S.r.l. |
Campodarsego (PD) - IT - |
03531110264 |
Board Chairman |
Withdrawn |
Registered |
|
Gefinc S.r.l. |
Campodarsego (PD) - IT - |
02210610289 |
Sole Director |
Withdrawn |
Ceased |
|
Associazione Amici Della Musica |
Padova (PD) - IT - |
80012880284 |
Chairman |
Active |
Registered |
|
Dodici S.p.a. |
Padova (PD) - IT - |
04331200289 |
Sole Director |
Withdrawn |
Registered |
|
Fondazione Orchestra Di Padova E Del Veneto |
Padova (PD) - IT - |
00379170285 |
Vice-Chairman |
Withdrawn |
Registered |
|
|
Carraro |
Tomaso |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Carraro S.p.a. |
Campodarsego (PD) - IT - |
00202040283 |
Director |
Active |
Registered |
|
Carraro S.p.a. |
Campodarsego (PD) - IT - |
00202040283 |
Assistant board
Chairman |
Active |
Registered |
|
Siap S.p.a. |
Maniago (PN) - IT - |
00074530932 |
Managing
Director |
Withdrawn |
Registered |
|
Siap S.p.a. |
Maniago (PN) - IT - |
00074530932 |
Director |
Active |
Registered |
|
Siap S.p.a. |
Maniago (PN) - IT - |
00074530932 |
Board Chairman |
Active |
Registered |
|
Agritalia S.p.a. |
Rovigo (RO) - IT - |
00241210293 |
Director |
Withdrawn |
Ceased |
|
Suam S.p.a. |
Campodarsego (PD) - IT - |
01897790281 |
Director |
Active |
Registered |
|
Azienda Agricola Terme Euganee - S.r.l. |
Montegrotto Terme (PD) - IT - |
01344310287 |
Director |
Active |
Registered |
|
Finanziaria Attivita' Industriali Diversificate Societa' Per Azioni In
Sigla Fin |
Padova (PD) - IT - |
02133950283 |
Managing
Director |
- |
Ceased |
|
Finanziaria Attivita' Industriali Diversificate Societa' Per Azioni In
Sigla Fin |
Padova (PD) - IT - |
02133950283 |
Director |
- |
Ceased |
|
Mgt S.r.l. |
Campodarsego (PD) - IT - |
03531110264 |
Director |
Withdrawn |
Registered |
|
Mgt S.r.l. |
Campodarsego (PD) - IT - |
03531110264 |
Sole Director |
Withdrawn |
Registered |
|
Mgt S.r.l. |
Campodarsego (PD) - IT - |
03531110264 |
Managing
Director |
Withdrawn |
Registered |
|
M. G. Mini Gears S.p.a. |
Padova (PD) - IT - |
02634630244 |
Managing
Director |
Withdrawn |
Ceased |
|
M. G. Mini Gears S.p.a. |
Padova (PD) - IT - |
02634630244 |
Director |
Withdrawn |
Ceased |
|
M. G. Mini Gears S.p.a. |
Padova (PD) - IT - |
02634630244 |
Board Chairman |
Withdrawn |
Ceased |
|
European Power Systems S.r.l. Con SiglaEps S.r.l. |
Campodarsego (PD) - IT - |
03686450283 |
Sole Director |
Withdrawn |
Registered |
|
Elettronica Santerno S.p.a. |
Campodarsego (PD) - IT - |
03686440284 |
Director |
Active |
Registered |
|
Elettronica Santerno S.p.a. |
Campodarsego (PD) - IT - |
03686440284 |
Board Chairman |
Active |
Registered |
|
Gear World S.p.a. |
Padova (PD) - IT - |
04205930284 |
Managing
Director |
Withdrawn |
Ceased |
|
Gear World S.p.a. |
Padova (PD) - IT - |
04205930284 |
Director |
Withdrawn |
Ceased |
|
Gear World S.p.a. |
Padova (PD) - IT - |
04205930284 |
Board Chairman |
Withdrawn |
Ceased |
|
Carraro Drive Tech Poggiofiorito S.p.a. |
Padova (PD) - IT - |
03839470287 |
Managing
Director |
Withdrawn |
Merged |
|
Carraro Drive Tech Poggiofiorito S.p.a. |
Padova (PD) - IT - |
03839470287 |
Director |
Withdrawn |
Merged |
|
Carraro Drive Tech Poggiofiorito S.p.a. |
Padova (PD) - IT - |
03839470287 |
Board Chairman |
Withdrawn |
Merged |
|
Azienda Soluzioni E Servizi Per L'industria Dei Sistemi Di
Trasmissione Moviment |
Milano (MI) - IT - |
07937290968 |
Director |
Active |
Registered |
|
Azienda Soluzioni E Servizi Per L'industria Dei Sistemi Di
Trasmissione Moviment |
Milano (MI) - IT - |
07937290968 |
Board Chairman |
Active |
Registered |
|
|
Negri |
Alberto |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Fabbrica Italiana Accumulatori MotocarriMontecchio - F.i.a.m.m. -
Societa' Per |
Montecchio Maggiore (VI) - IT - |
00168730240 |
Attorney with
special power |
Withdrawn |
Merged |
|
Siap S.p.a. |
Maniago (PN) - IT - |
00074530932 |
Attorney with
special power |
Active |
Registered |
|
Carraro Drive Tech Poggiofiorito S.p.a. |
Padova (PD) - IT - |
03839470287 |
Attorney with
special power |
Active |
Merged |
|
Performance In Lighting S.p.a. |
Torino (TO) - IT - |
08517220011 |
Managing
Director |
Withdrawn |
Registered |
|
Performance In Lighting S.p.a. |
Torino (TO) - IT - |
08517220011 |
Director |
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 |
|
Carraro S.p.a. |
Campodarsego - IT - |
00202040283 |
14.653.993 .Eur |
48,68 |
|
Carraro International S.A. |
LUXEMBOURG - LU - |
92198680289 |
13.037.815 .Eur |
43,31 |
|
Carraro Deutschland Gmbh |
92230410281 |
2.410.557 .Eur |
8,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Siap S.p.a. |
Maniago - IT - |
00074530932 |
32.582.616 .Eur |
91,56 |
Active |
||
|
Padova Energia - Consorzio Per L'acquist o Di Risorse Energetiche |
Padova - IT - |
03461840286 |
Active |
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
Olmo |
, 37 |
- 35011 |
- Campodarsego |
(PD) |
- IT - |
|
Trading Style: CARRARO DRIVE TECH S.P.A. |
|
PHONE |
: 0499219111 |
|
Legal mail |
: CARRARO.DRIVETECH@LEGALMAIL.IT |
|
- |
Branch |
(office) |
since 01/10/2008 |
|
Galvani |
, 1 |
- 35011 |
- Campodarsego |
(PD) |
- IT - |
|
- |
Branch |
(Store) |
since 01/01/2012 |
|
Trentino |
, 4/6 |
- 35043 |
- Monselice |
(PD) |
- IT - |
|
Trading Style: CARRARO DRIVE TECH S.P.A. - RI |
|
- |
Branch |
(Store) |
since 11/07/2011 |
|
Roma |
, 82 |
- 31023 |
- Resana |
(TV) |
- IT - |
|
- |
Branch |
(Factory) |
since 16/01/2015 |
|
Mortella |
, 64 |
- 66030 |
- Poggiofiorito |
(CH) |
- IT - |
|
Employees |
: 596 |
|
Fittings and Equipment for a value of 13.190.000 |
Eur |
|
Stocks for a value of 43.820.000 |
Eur |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of merging by taking over of |
|
A.e. S.r.l. |
|
|
Provinciale Nord |
, 45 |
, 40050 |
, Castello d'Argile |
(BO) |
- IT - |
|
|
Fiscal Code: 03710980966 |
|
|
Date |
Merging/splitting-up project: |
21/04/2009 |
|
|
The firm absorbed by merging of |
|
Carraro S.p.a. |
|
|
Olmo |
, 37 |
, 35011 |
, Campodarsego |
(PD) |
- IT - |
|
|
Fiscal Code: 00202040283 |
|
|
Date |
: |
27/06/2008 |
|
|
The firm absorbed by merging of |
|
A.e. S.r.l. |
|
|
Provinciale Nord |
, 45 |
, 40050 |
, Castello d'Argile |
(BO) |
- IT - |
|
|
Fiscal Code: 03710980966 |
|
|
Date |
: |
23/12/2009 |
|
|
Project of merging by taking over of |
|
Gear World
S.p.a. |
|
|
Lussemburgo |
, 25/27 |
, 35127 |
, Padova |
(PD) |
- IT - |
|
|
Fiscal Code: 04205930284 |
|
|
Date |
Merging/splitting-up project: |
21/12/2012 |
|
|
The firm absorbed by merging of |
|
Gear World
S.p.a. |
|
|
Lussemburgo |
, 25/27 |
, 35127 |
, Padova |
(PD) |
- IT - |
|
|
Fiscal Code: 04205930284 |
|
|
Date |
: |
29/04/2013 |
|
|
Project of merging by taking over of |
|
Carraro Drive
Tech Poggiofiorito S.p.a. |
|
|
Lussemburgo |
, 25/27 |
, 35100 |
, Padova |
(PD) |
- IT - |
|
|
Fiscal Code: 03839470287 |
|
|
Date |
Merging/splitting-up project: |
03/05/2013 |
|
|
Resolution of merging of |
|
Carraro Drive
Tech Poggiofiorito S.p.a. |
|
|
Lussemburgo |
, 25/27 |
, 35100 |
, Padova |
(PD) |
- IT - |
|
|
Fiscal Code: 03839470287 |
|
|
Date |
: |
26/07/2013 |
|
|
Project of merging by taking over of |
|
Carraro Drive
Tech Poggiofiorito S.p.a. |
|
|
Lussemburgo |
, 25/27 |
, 35100 |
, Padova |
(PD) |
- IT - |
|
|
Fiscal Code: 03839470287 |
|
|
Date |
Merging/splitting-up project: |
29/10/2014 |
|
|
The firm absorbed by merging of |
|
Carraro Drive
Tech Poggiofiorito S.p.a. |
|
|
Lussemburgo |
, 25/27 |
, 35100 |
, Padova |
(PD) |
- IT - |
|
|
Fiscal Code: 03839470287 |
|
|
Date |
: |
14/01/2015 |
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 2008.
Balance sheets for the years 2012, 2013 and 2014 were analyzed.
Unstable economic results mark the company's financial state of affairs.
anyway in 2014 a positive result was achieved (r.o.e. 1,59%). In the last
financial year a drop in sales has been registered (-18,1%).
The operating result in 2014 was positive (1,37%) falling within the
field's average.
The amount of the operating result for the year 2014 is of Eur.
3.180.000 with a -71,44% drop.
The G.O.M. amounted to Eur. 11.937.000 , with a -30,73% decrease.
The analysis shows a fair financial position as the indebtedness volume
is acceptable (2,06) and decreasing as against 2013.
The management generated equity capital for an amount of Eur. 72.934.000
, with an upward trend.
Total indebtedness totalled Eur. 153.324.000, with a downward trend if
compared to the preceding year (-28,19%).
The recourse to financial credit is within the limits; on the other hand
the recourse to suppliers' credit is rated as fairly high even in comparison
with the sector's.
Even liquidity is rather modest.
On average trade credits are collected in 22,65 days. , shorter than the
sector's average.
Eur. 5.627.000 is the value of cash flow during the year 2014
During 2014 financial year labour costs amounted to Eur. 36.924.000,
with a 15,27% incidence on production costs. and a 15,62% incidence on sales
volumes.
The incidence of the financial charges is of -0,65% on the sales amount.
|
|
Complete balance-sheet for the year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
236.442.000 |
|
Profit (Loss) for the period |
1.157.000 |
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
288.723.000 |
|
Profit (Loss) for the period |
7.272.000 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
296.205.000 |
|
Profit (Loss) for the period |
-519.000 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
305.612.000 |
|
Profit (Loss) for the period |
-6.431.000 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
232.442.480 |
|
Profit (Loss) for the period |
-11.975.466 |
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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 |
0,63 |
0,61 |
0,50 |
0,26 |
|
Elasticity Ratio |
Units |
0,37 |
0,39 |
0,50 |
0,73 |
|
Availability of stock |
Units |
0,19 |
0,18 |
0,23 |
0,23 |
|
Total Liquidity Ratio |
Units |
0,18 |
0,21 |
0,27 |
0,44 |
|
Quick Ratio |
Units |
0,02 |
0,03 |
0,06 |
0,02 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
2,06 |
5,56 |
9,94 |
1,74 |
|
Self Financing Ratio |
Units |
0,31 |
0,14 |
0,08 |
0,29 |
|
Capital protection Ratio |
Units |
0,57 |
-0,01 |
-0,26 |
0,64 |
|
Liabilities consolidation quotient |
Units |
0,03 |
0,02 |
0,03 |
0,22 |
|
Financing |
Units |
2,10 |
5,78 |
10,68 |
2,30 |
|
Permanent Indebtedness Ratio |
Units |
0,33 |
0,16 |
0,11 |
0,46 |
|
M/L term Debts Ratio |
Units |
0,02 |
0,02 |
0,03 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
0,27 |
0,32 |
0,00 |
0,49 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
0,53 |
0,27 |
0,22 |
1,63 |
|
Current ratio |
Units |
0,55 |
0,47 |
0,56 |
1,32 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,27 |
0,25 |
0,31 |
0,86 |
|
Structure's primary quotient |
Units |
0,49 |
0,24 |
0,16 |
1,05 |
|
Treasury's primary quotient |
Units |
0,02 |
0,04 |
0,07 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
319,40 |
695,89 |
1207,66 |
349,01 |
|
Current Capital ( net ) |
Value |
-68.264.000 |
-113.191.000 |
-86.240.000 |
753.266 |
|
RETURN |
|||||
|
Return on Sales |
% |
2,38 |
3,89 |
1,41 |
5,13 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
1,59 |
19,68 |
-2,80 |
7,27 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
0,72 |
25,05 |
9,64 |
15,95 |
|
Return on Investment ( R.O.I. ) |
% |
1,37 |
4,33 |
1,53 |
5,36 |
|
Return/ Sales |
% |
1,34 |
3,86 |
1,16 |
5,57 |
|
Extra Management revenues/charges incid. |
% |
36,38 |
65,31 |
-15,14 |
42,11 |
|
Cash Flow |
Value |
5.627.000 |
11.245.000 |
4.168.000 |
344.143 |
|
Operating Profit |
Value |
3.180.000 |
11.135.000 |
3.427.000 |
359.008 |
|
Gross Operating Margin |
Value |
11.937.000 |
17.234.000 |
14.123.000 |
705.726 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
22,65 |
19,60 |
18,95 |
101,37 |
|
Debts to suppliers average term |
Days |
213,57 |
264,92 |
252,23 |
115,52 |
|
Average stock waiting period |
Days |
66,72 |
57,39 |
61,56 |
80,62 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,01 |
1,12 |
1,33 |
1,07 |
|
Rate of stock return |
Units |
5,40 |
6,27 |
5,85 |
4,40 |
|
Labour cost incidence |
% |
15,62 |
13,20 |
11,89 |
16,91 |
|
Net financial revenues/ charges incidence |
% |
-0,65 |
-0,65 |
-0,55 |
-1,19 |
|
Labour cost on purchasing expenses |
% |
15,27 |
13,28 |
11,71 |
17,25 |
|
Short-term financing charges |
% |
5,35 |
3,85 |
3,51 |
2,71 |
|
Capital on hand |
% |
98,52 |
89,07 |
75,45 |
93,00 |
|
Sales pro employee |
Value |
451.225 |
242.624 |
269.277 |
223.920 |
|
Labour cost pro employee |
Value |
70.465 |
32.023 |
32.024 |
35.625 |
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 |
: |
882.779 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
456 |
|
- per non food products |
: |
2.052 |
|
- per energy consume |
: |
127 |
The values are calculated on a base of 918 significant companies.
The companies cash their credits on an average of 101 dd.
The average duration of suppliers debts is about 116 dd.
The sector's profitability is on an average of 5,13%.
The labour cost affects the turnover in the measure of 16,91%.
Goods are held in stock in a range of 81 dd.
The difference between the sales volume and the resources used to
realize it is about 1,07.
The employees costs represent the 17,25% of the production costs.
Statistically the trade activity shows periods of crisis.
The area is statistically considered moderately risky.
In the region 13.782 protested subjects are found; in the province they
count to 2.646.
The insolvency index for the region is 0,30, , while for the province it
is 0,30.
Total Bankrupt companies in the province : 3.821.
Total Bankrupt companies in the region : 16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.11 |
|
|
1 |
Rs.101.03 |
|
Euro |
1 |
Rs.70.77 |
INFORMATION DETAILS
|
Analysis Done by
: |
HEE |
|
|
|
|
Report Prepared
by : |
TPT |
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.