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Report No. : |
349896 |
|
Report Date : |
23.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
OOO "FORMBAR" |
|
|
|
|
Registered Office : |
Ul Dorogobuzhskaya D 14, STR 1, 121354 G Moskva |
|
|
|
|
Country : |
Russia |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
13.03.2007 |
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|
|
|
Com. Reg. No.: |
5077746299241 |
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|
|
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Legal Form : |
Limited liability companies |
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|
|
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Line of Business : |
Other wholesale trade. [We tried to confirm / obtain the detailed activity but the same is
not available from any sources] |
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|
|
|
No. of Employee : |
Not Available |
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 |
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|
|
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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) |
|
Russia |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
RUSSIA - ECONOMIC OVERVIEW
Russia has undergone significant changes since the collapse of the Soviet Union, moving from a globally-isolated, centrally-planned economy towards a more market-based and globally-integrated economy, but stalling as a partially reformed, statist economy with a high concentration of wealth in officials' hands. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy and defense-related sectors. The protection of property rights is still weak and the private sector remains subject to heavy state interference. Russia is one of the world's leading producers of oil and natural gas, and is also a top exporter of metals such as steel and primary aluminum. Russia's manufacturing sector is generally uncompetitive on world markets and is geared toward domestic consumption. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global prices. The economy, which had averaged 7% growth during 1998-2008 as oil prices rose rapidly, was one of the hardest hit by the 2008-09 global economic crisis as oil prices plummeted and the foreign credits that Russian banks and firms relied on dried up. In 2014, economic growth declined further when Russia forcibly violated Ukraine’s sovereignty and territorial integrity, and interfered in Ukraine’s internal affairs. In the second half of 2014, the Russian ruble lost about half of its value, contributing to increased capital outflows that reached $151.5 billion for the year; the ruble remains volatile. Declining oil prices, lack of economic reforms, and the imposition of foreign sanctions have contributed to the downturn and created wide expectations the economy will continue to slump. In April 2015, the Russian Ministry of Economic Development predicted that the Russia’s economy will contract by 3% in 2015, and average only 2.5% growth through 2030.
|
Source
: CIA |
OOO "FORMBAR"
Ul Dorogobuzhskaya D 14, STR 1, 121354 G Moskva
Tel: 74957999668
Telefax: 74957999668
E-Mail: formbar@ya.ru
Web: www.formbar.ru
|
Company development |
Constant company development. |
|
|
Business course |
Satisfactory order situation. |
|
|
Terms of payment |
As far as know, punctually. |
|
|
Business connection |
Business connection appears
permissable. |
|
|
Legal form |
Limited liability companies (OOO) |
|
|
Established on |
13/03/2007 - Limited liability
companies (OOO) |
|
|
Registered on |
13/03/2007, Mezhrayonnaya
inspektsiya Federalnoy nalogovoy sluzhby № 46 po g. Moskve, RegNr.: 5077746299241 |
|
Registered capital |
RUB |
12 500,- |
|
|
Owner |
Aleksey Evgenevich Trishin |
% |
50 |
|
|
|
Evgeniy Aleksandrovich Popov |
% |
50 |
|
|
Sole Executive Body |
Evgeniy Aleksandrovich Popov |
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Main activity:
|
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Full name:
|
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Short name:
|
|
Residence address:
|
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Building of complete constructions
or parts thereof; civil engineering |
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Building installation |
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Building completion |
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Agents involved in the sale of
timber and building materials |
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Agents involved in the sale of
food |
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Wholesale of other food |
|
Wholesale of household goods |
|
Wholesale of non-agricultural
intermediate products |
|
Wholesale of wood |
|
Other wholesale trade |
|
Other land transport |
|
Cargo handling and storage |
|
Storage and warehousing |
|
Other supporting transport
activities |
|
Activities of other transport
agencies |
|
Real estate agencies |
|
Renting of other land transport equipment |
|
Activities in the field of law,
accounting and auditing consultancy |
|
Annual turnover |
31/12/2012 |
Enterprise turnover |
RUB |
225 303 000,- |
|
|
|
31/12/2013 |
Enterprise turnover |
RUB |
267 802 000,- |
|
|
|
31/12/2014 |
Enterprise turnover |
RUB |
399 953 000,- |
|
|
Remarks |
OOO “FORMBAR” specializes in
supply of packaging for products. |
||||
|
A. The enclosed balance of 2012 is
originated from official source, no data available about authentication.
(31.12.2012 - 1000 RUB) - Warning! The figures stated in the balance sheet
may contain error(s). |
|
balance |
A 31.12.2012 |
B 31.12.2013 |
C 31.12.2014 |
|
1. ASSETS |
|
|
|
|
I. FIXED ASSETS |
|
|
|
|
Intangible assets |
0 |
0 |
0 |
|
The results of research and
development |
0 |
0 |
0 |
|
Intangible research assets |
0 |
0 |
0 |
|
Tangible research assets |
0 |
0 |
0 |
|
Fixed assets |
2 920 |
2 414 |
4 899 |
|
Profitable investments in tangible
assets |
0 |
0 |
0 |
|
Financial investments |
0 |
0 |
0 |
|
Deferred tax assets |
0 |
0 |
0 |
|
Other non-current assets |
0 |
0 |
0 |
|
TOTAL IN SECTION I. |
2 920 |
2 414 |
4 899 |
|
II. CURRENT ASSETS |
|
|
|
|
Inventories |
28 664 |
39 352 |
76 539 |
|
VAT on acquired assets |
0 |
454 |
1 226 |
|
Accounts receivable |
34 212 |
58 800 |
137 780 |
|
Financial investments (excluding
the monetary equivalent) |
7 300 |
6 285 |
20 280 |
|
Cash and monetary equivalents |
789 |
240 |
1 417 |
|
Other current assets |
217 |
105 |
595 |
|
TOTAL IN SECTION II. |
71 182 |
105 236 |
237 837 |
|
BALANCE |
74 102 |
107 651 |
242 736 |
|
2. LIABILITIES |
|
|
|
|
III. CAPITAL AND RESERVES |
|
|
|
|
Authorized capital (share capital,
charter capital, deposits capital, partners capital) |
13 |
13 |
13 |
|
Treasury stock |
0 |
0 |
0 |
|
Revaluation of fixed assets |
0 |
0 |
0 |
|
Additional capital (without
revaluation) |
0 |
0 |
0 |
|
Reserve capital |
0 |
0 |
0 |
|
Retained earnings (uncovered loss) |
9 835 |
13 236 |
18 948 |
|
TOTAL IN SECTION III. |
9 848 |
13 248 |
18 960 |
|
IV. LONG-TERM LIABILITIES |
|
|
|
|
Borrowed funds |
24 033 |
20 599 |
44 753 |
|
Deferred tax liabilities |
0 |
0 |
0 |
|
Provisions |
0 |
0 |
0 |
|
Other liabilities |
0 |
0 |
0 |
|
TOTAL IN SECTION IV. |
24 033 |
20 599 |
44 753 |
|
V. SHORT-TERM LIABILITIES |
|
|
|
|
Borrowed funds |
8 126 |
701 |
25 160 |
|
Payables |
32 095 |
73 102 |
153 863 |
|
Deferred income |
0 |
0 |
0 |
|
Provisions |
0 |
0 |
0 |
|
Sonstige Verbindlichkeiten |
0 |
0 |
0 |
|
TOTAL IN SECTION V. |
40 221 |
73 804 |
179 023 |
|
BALANCE |
74 102 |
107 651 |
242 736 |
|
A. The enclosed profit and loss account
of 2012 is originated from official source, no data available about
authentication. (31.12.2012 - 1000 RUB) |
|||
|
profit and loss account |
A 31.12.2012 |
B 31.12.2013 |
C 31.12.2014 |
|
Turnover |
225 303 |
267 802 |
399 953 |
|
Cost of sales |
199 906 |
242 253 |
363 638 |
|
Gross profit (loss) |
25 397 |
25 549 |
36 315 |
|
Selling expenses |
15 248 |
15 612 |
22 777 |
|
Administrative expenses |
0 |
0 |
0 |
|
Sales profit (loss) |
10 149 |
9 937 |
13 538 |
|
Earnings from other entities |
0 |
0 |
0 |
|
Interest receivable |
1 |
0 |
39 |
|
Interest payable |
3 737 |
3 932 |
6 771 |
|
Other operating income |
4 612 |
2 292 |
7 409 |
|
Other operating expenses |
6 926 |
3 710 |
6 987 |
|
Profit (loss) before tax |
4 099 |
4 587 |
7 228 |
|
Current profit tax |
787 |
1 076 |
1 516 |
|
Permanent tax liabilities (assets) |
0 |
0 |
0 |
|
Change in deferred tax liabilities |
0 |
0 |
0 |
|
Change in deferred tax assets |
0 |
0 |
0 |
|
Different |
14 |
0 |
0 |
|
Net profit (loss) |
3 298 |
3 511 |
5 712 |
|
Results of fixed assets
revaluation, non-includedin net profit/loss for period |
0 |
0 |
0 |
|
Result of other transactions, non
included in net profit/loss for period |
0 |
0 |
0 |
|
Total financial result for period |
3 298 |
3 511 |
5 712 |
|
|
|||
|
|
2012 |
2013 |
2014 |
|
Current ratio |
1,77 |
1,43 |
1,33 |
|
Quick ratio |
1,06 |
0,89 |
0,9 |
|
Average Collection Period |
52,1 |
63,39 |
89,7 |
|
Payables turnover Period |
51,61 |
79,25 |
114 |
|
Debt ratio |
0,87 |
0,88 |
0,92 |
|
Equity to total assets ratio |
0,13 |
0,12 |
0,08 |
|
Funding ratio |
0,15 |
0,14 |
0,08 |
|
Return on sales |
1,46 |
1,31 |
1,43 |
|
Return on Assets |
5,04 |
3,86 |
3,26 |
|
Return on Equity |
40,22 |
30,4 |
35,47 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.09 |
|
|
1 |
Rs.101.04 |
|
Euro |
1 |
Rs.70.86 |
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
|
|
|
|
Report Prepared
by : |
ASH |
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.