|
Report No. : |
351538 |
|
Report Date : |
26.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
COVEME S.P.A. |
|
|
|
|
Registered Office : |
Via Gregorcic, 16 Loc. S. Andrea 34170 – Gorizia (GO) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
11.10.2004 |
|
|
|
|
Legal Form : |
Joint Stock Company with Sole Shareholder |
|
|
|
|
Line of Business : |
· Manufacture of Plastics Products · Heat Insulation, Sound Proofing and Anti-Tremor · Wholesale of Machine Tools |
|
|
|
|
No. of Employees : |
From 131 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 : |
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 – 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 |
COVEME S.P.A.
Via Gregorcic, 16 LOC. S. ANDREA
34170 - Gorizia (GO) -IT-
|
Fiscal
Code |
: |
02490361207 |
|
Legal
Form |
: |
Joint
stock company with sole shareholder |
|
start
of Activities |
: |
01/01/2005 |
|
Equity |
: |
Over
2.582.254 |
|
Turnover
Range |
: |
100.000.000/150.000.000
|
|
Number
of Employees |
: |
from
131 to 150 |
Manufacture
of plastics products
Heat
insulation, sound proofing and anti-tremor
Wholesale
of machine tools
Legal
Form : Joint stock company with sole shareholder
|
Fiscal
Code : 02490361207 |
|
Foreign
Trade Reg. no. : GO010476 since 10/04/2009 |
|
Foreign
Trade Reg. no. : 051236 of Bologna since 17/02/2005 |
|
Chamber
of Commerce no. : 443722 of Bologna since 18/10/2004 |
|
Chamber
of Commerce no. : 68128 of Gorizia since 24/07/2007 |
|
Firms'
Register : BO-2004-57554 of Bologna since 18/10/2004 |
|
V.A.T.
Code : 02490361207 |
|
Establishment
date |
:
11/10/2004 |
|
|
Start
of Activities |
:
01/01/2005 |
|
|
Legal
duration |
:
31/12/2050 |
|
|
Nominal
Capital |
:
5.500.000 |
|
|
Subscribed
Capital |
:
5.500.000 |
|
|
Paid
up Capital |
:
5.500.000 |
|
Legal
mail : |
COVEME@LEGALMAIL.IT |
|
|
Domenichini |
Giovanni |
|
|
Born
in Bologna |
(BO) |
on
23/03/1963 |
-
Fiscal Code : DMNGNN63C23A944O |
|
|
Residence: |
Degli
Scalini |
,
6 |
-
40136 |
Bologna |
(BO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
07/05/2013 |
|
|
Miciano |
Alice |
|
|
Born
in Bologna |
(BO) |
on
17/08/1975 |
-
Fiscal Code : MCNLCA75M57A944W |
|
|
Residence: |
Degli
Scalini |
,
6 |
-
40136 |
Bologna |
(BO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
07/05/2013 |
|
|
Fedrigo |
Gian
Paolo |
|
|
Born
in Sacile |
(PN) |
on
23/10/1962 |
-
Fiscal Code : FDRGPL62R23H657S |
|
|
Residence: |
Pezza
Alta |
,
13 |
-
31046 |
Oderzo |
(TV) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
15/09/2014 |
||
|
Managing
Director |
15/09/2014 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Bucci |
Bruno |
|
|
Born
in San Giovanni Incarico |
(FR) |
on
26/01/1949 |
-
Fiscal Code : BCCBRN49A26H917H |
|
|
Residence: |
Veduro |
,
18/2 |
-
40055 |
Castenaso |
(BO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
07/05/2013 |
||
|
Procurator |
23/12/2014 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Neri |
Stefano |
|
|
Born
in Livorno |
(LI) |
on
03/11/1959 |
-
Fiscal Code : NRESFN59S03E625J |
|
|
Residence: |
Calamandrei |
,
2 |
-
33077 |
Sacile |
(PN) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Procurator |
23/12/2014 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Miciano |
Pier-luigi |
|
|
Born
in Bologna |
(BO) |
on
30/01/1945 |
-
Fiscal Code : MCNPLG45A30A944O |
|
|
Residence: |
Di
Gaibola |
,
15/6 |
-
40136 |
Bologna |
(BO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
07/05/2013 |
||
|
Board
Chairman |
07/05/2013 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Maccolini |
Amedeo |
|
|
Born
in Castel Bolognese |
(RA) |
on
04/11/1963 |
-
Fiscal Code : MCCMDA63S04C065B |
|
|
Residence: |
Kennedy |
,
15 |
-
48018 |
Faenza |
(RA) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
18/12/2004 |
||
|
Director |
07/05/2013 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Coveme
Holding S.r.l. |
|
|
: |
Emilia |
,
288 |
-
40068 |
San
Lazzaro di Savena |
(BO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Sole
partner |
28/02/2011 |
|
|
No
Prejudicial events are reported |
|
|
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.
|
|
Fedrigo |
Gian
Paolo |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
I.e.d.
Industrie Elettroniche DatalogicS.r.l. (in Sigla *i.e.d. S.r.l. |
Monte
San Pietro (BO) - IT - |
02175650379 |
Attorney
with special power |
Withdrawn |
Ceased |
|
Nice
S.p.a. |
Oderzo
(TV) - IT - |
02717060277 |
Director |
Active |
Registered |
|
Datalogic
Mobile S.r.l. |
Calderara
di Reno (BO) - IT - |
02729811204 |
Managing
Director |
Withdrawn |
Registered |
|
Datalogic
Mobile S.r.l. |
Calderara
di Reno (BO) - IT - |
02729811204 |
Director |
Withdrawn |
Registered |
|
Datalogic
Automation S.r.l. |
Monte
San Pietro (BO) - IT - |
02729801205 |
Managing
Director |
Withdrawn |
Registered |
|
Datalogic
Automation S.r.l. |
Monte
San Pietro (BO) - IT - |
02729801205 |
Director |
Withdrawn |
Registered |
|
Datalogic
Automation S.r.l. |
Monte
San Pietro (BO) - IT - |
02729801205 |
Attorney
with special power |
Withdrawn |
Registered |
|
Datalogic
Automation S.r.l. |
Monte
San Pietro (BO) - IT - |
02729801205 |
General
Director |
Withdrawn |
Registered |
|
Palladio
Finanziaria S.p.a. |
Vicenza
(VI) - IT - |
03402170249 |
Director |
Active |
Registered |
|
|
Miciano |
Pier-luigi |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Tecnomask
Spa |
Milano
(MI) - IT - |
03834740379 |
Director |
Withdrawn |
Merged |
|
COVEME
- S.P.A. |
San
Lazzaro di Savena (BO) - IT - |
03719140372 |
Director |
Withdrawn |
Merged |
|
Tecnoconvert
S.p.a. |
Cornaredo
(MI) - IT - |
00871520375 |
Board
Chairman |
Withdrawn |
Ceased |
|
Mh
E Re S.p.a. |
San
Lazzaro di Savena (BO) - IT - |
03719150371 |
Director |
Active |
Registered |
|
Mh
E Re S.p.a. |
San
Lazzaro di Savena (BO) - IT - |
03719150371 |
Board
Chairman |
Active |
Registered |
|
Palazzo
Bentivoglio Pepoli S.r.l. |
San
Lazzaro di Savena (BO) - IT - |
01954341200 |
Sole
Director |
Active |
Registered |
|
Palazzo
Bentivoglio Pepoli S.r.l. |
San
Lazzaro di Savena (BO) - IT - |
01954341200 |
Sole
partner |
Withdrawn |
Registered |
|
Coveme
S.p.a. |
San
Lazzaro di Savena (BO) - IT - |
00301020376 |
Chairman |
Withdrawn |
Ceased |
|
Coveme
Holding S.r.l. |
San
Lazzaro di Savena (BO) - IT - |
03075531206 |
Director |
Active |
Registered |
|
Coveme
Holding S.r.l. |
San
Lazzaro di Savena (BO) - IT - |
03075531206 |
Managing
Director |
Active |
Registered |
|
Coveme
Holding S.r.l. |
San
Lazzaro di Savena (BO) - IT - |
03075531206 |
Board
Chairman |
Active |
Registered |
|
Plm
Re S.r.l. |
San
Lazzaro di Savena (BO) - IT - |
03076141203 |
Sole
Director |
Withdrawn |
Registered |
|
Plm
Re S.r.l. |
San
Lazzaro di Savena (BO) - IT - |
03076141203 |
Sole
partner |
Withdrawn |
Registered |
|
Ebfoil
S.r.l. |
Bologna
(BO) - IT - |
03204711208 |
Director |
Active |
Registered |
|
Ebfoil
S.r.l. |
Bologna
(BO) - IT - |
03204711208 |
Board
Chairman |
Active |
Registered |
|
Plg
One S.r.l. |
Bologna
(BO) - IT - |
03310691203 |
Director |
Active |
Registered |
|
Plg
One S.r.l. |
Bologna
(BO) - IT - |
03310691203 |
Sole
Director |
Withdrawn |
Registered |
|
Plg
One S.r.l. |
Bologna
(BO) - IT - |
03310691203 |
Board
Chairman |
Active |
Registered |
|
Clubsette
S.r.l. O In Forma Abbreviata Club7 S.r.l. |
Milano
(MI) - IT - |
08330540967 |
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.
Shareholders'
list as at date of data collection:
|
Firm's
Style / Name |
Seat
/ Residence |
Fiscal
Code |
Owned
Shares |
%
Ownership |
|
Coveme
Holding S.r.l. |
San
Lazzaro di Savena - IT - |
03075531206 |
100,00 |
The
Company under review has participations in the following Companies:
|
Firm's
Style |
Seat |
Fiscal
Code |
Owned
Shares Amount |
%
Ownership |
since
|
until
|
Share
Status |
|
Caf
Dell'industria Dell'emilia-romagna S .p.a. In Forma Abbreviata Cafindustria |
Bologna
- IT - |
04165140379 |
26
.Eur |
Active |
|||
|
Serf
S.r.l. |
Argelato
- IT - |
04241780370 |
8.320
.Eur |
80,00 |
Active |
||
|
Consorzio
Energia Confindustria |
Trieste
- IT - |
00988350328 |
Active |
||||
|
Ebfoil
S.r.l. |
Bologna
- IT - |
03204711208 |
30.000
.Eur |
60,00 |
Active |
In
order to carry out its activities the firm uses the following locations:
|
- |
Legal
and operative seat |
|
Gregorcic |
,
16 |
-
34170 |
-
Gorizia |
(GO) |
-
IT - |
|
PHONE |
:
0516226111 |
|
FAX |
:
0516226201 |
|
Legal
mail |
:
COVEME@LEGALMAIL.IT |
|
- |
Branch |
(Factory) |
since
01/01/2005 |
|
Gregorcic |
,
26/A |
-
34170 |
-
Gorizia |
(GO) |
-
IT - |
|
- |
Branch |
(Store) |
since
05/06/2007 |
|
Emilia
Levante |
,
288 |
-
40068 |
-
San Lazzaro di Savena |
(BO) |
-
IT - |
|
Employees |
:
142 |
|
Fittings
and Equipment for a value of 7.980.000 |
Eur |
|
Stocks
for a value of 24.270.000 |
Eur |
CHANGES
TO THE LEGAL FORM:
|
Former
legal form |
New
legal form |
Changement
Date |
|
Sole-Member
Limited Liability Company |
Joint
stock company with sole shareholder |
31/12/2004 |
COMPANY
STYLE MODIFICATIONS:
|
Former
Style |
New
Style |
Changement
Date |
|
Alfabeta
Srl |
Coveme
SpA |
07/12/2004 |
COMPANY'S
CAPITAL CHANGES:
|
Former
Type |
Former
Amount |
New
Type |
New
Amount |
Changement
Date |
|
subcribed,nominal
and issued |
10.000Eur |
subcribed,nominal
and issued |
5.500.000Eur |
07/12/2004 |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The
firm took over the activity of |
|
Coveme S.p.a. |
|
|
Emilia
Levante |
,
288 |
,
40068 |
,
San Lazzaro di Savena |
(BO) |
-
IT - |
|
|
Fiscal
Code: 00301020376 |
|
|
Date
|
:
|
11/10/2004 |
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.
Subject
is active since 2005
Balance
sheets for the years 2012, 2013 and 2014 were analyzed.
During
the last years, it achieved profits (r.o.e. 9,16% on 2014) and during the last
financial year an increase in sales volume was registered (+14,72% in 2014).
The
operating result in 2014 was positive (9,36%) and in line with the sector's
average.
The
amount of the operating result is equal to Eur. 10.309.768 showing an upward
trend more then 100% compared to the previous financial year.
The
G.O.M. amounted to Eur. 13.056.154 growing by 43,93% if compared to the year
before.
Very
good financial situation: shareholder's equity covers short-terms debts with an
indebtedness level equal to 0,15
The
equity capital is equal to Eur. 73.601.523 , unchanged if compared to 2013.
Total
debts recorded amounted to Eur. 34.846.519 (Eur. 7.947.782 of which were m/l
term debts) , with no sensible variation.
Bank
and suppliers credit recourse is limited, 59,32 gg. is payment average period
below the sector's average.
Payments
are supported by good current assets.
Accounts
receivable average term is high (96,32 days). but in line with the sector.
As
far as the cash flow is concerned during the latest financial year it amounted
to Eur. 9.486.649
Labour
cost amounts to Eur. 10.267.078, with a 8,64% incidence on production costs. ,
whereas the incidence of such costs on sales revenues is equal to 8,02%.
The
financial management has a limited economic impact, equal to -0,08% on the
sales.
|
|
Complete
balance-sheet for the year |
al
31/12/2014 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
128.020.363 |
|
Profit
(Loss) for the period |
6.740.263 |
|
|
Complete
balance-sheet for the year |
al
31/12/2013 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
111.585.780 |
|
Profit
(Loss) for the period |
3.355.203 |
|
|
Complete
balance-sheet for the year |
al
31/12/2012 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
124.556.392 |
|
Profit
(Loss) for the period |
9.400.418 |
|
|
Complete
balance-sheet for the year |
al
31/12/2011 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
168.661.740 |
|
Profit
(Loss) for the period |
21.823.680 |
|
|
Complete
balance-sheet for the year |
al
31/12/2010 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
189.885.433 |
|
Profit
(Loss) for the period |
33.416.073 |
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 |
0,28 |
0,24 |
0,26 |
0,33 |
|
Elasticity
Ratio |
Units |
0,72 |
0,76 |
0,74 |
0,65 |
|
Availability
of stock |
Units |
0,22 |
0,20 |
0,28 |
0,14 |
|
Total
Liquidity Ratio |
Units |
0,50 |
0,56 |
0,47 |
0,47 |
|
Quick
Ratio |
Units |
0,15 |
0,25 |
0,17 |
0,01 |
|
COMPOSITION
ON SOURCE |
|||||
|
Net
Short-term indebtedness |
Units |
0,15 |
n.c. |
n.c. |
2,54 |
|
Self
Financing Ratio |
Units |
0,67 |
0,72 |
0,78 |
0,22 |
|
Capital
protection Ratio |
Units |
0,83 |
0,89 |
0,82 |
0,74 |
|
Liabilities
consolidation quotient |
Units |
0,31 |
0,42 |
0,74 |
0,24 |
|
Financing |
Units |
0,47 |
0,36 |
0,27 |
3,21 |
|
Permanent
Indebtedness Ratio |
Units |
0,74 |
0,80 |
0,87 |
0,41 |
|
M/L
term Debts Ratio |
Units |
0,08 |
0,08 |
0,09 |
0,13 |
|
Net
Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
1,12 |
|
CORRELATION |
|||||
|
Fixed
assets ratio |
Units |
2,67 |
3,32 |
3,41 |
1,17 |
|
Current
ratio |
Units |
2,93 |
4,00 |
5,97 |
1,10 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
2,03 |
2,94 |
3,74 |
0,82 |
|
Structure's
primary quotient |
Units |
2,39 |
2,99 |
3,05 |
0,68 |
|
Treasury's
primary quotient |
Units |
0,60 |
1,30 |
1,34 |
0,03 |
|
Rate
of indebtedness ( Leverage ) |
% |
149,65 |
138,45 |
128,04 |
455,17 |
|
Current
Capital ( net ) |
Value |
51.969.340 |
62.928.684 |
66.025.245 |
135.108 |
|
RETURN |
|||||
|
Return
on Sales |
% |
7,41 |
5,85 |
10,88 |
3,71 |
|
Return
on Equity - Net- ( R.O.E. ) |
% |
9,16 |
4,18 |
11,28 |
2,32 |
|
Return
on Equity - Gross - ( R.O.E. ) |
% |
13,47 |
6,46 |
16,36 |
8,76 |
|
Return
on Investment ( R.O.I. ) |
% |
9,36 |
4,56 |
12,07 |
3,87 |
|
Return/
Sales |
% |
8,05 |
4,54 |
10,34 |
3,60 |
|
Extra
Management revenues/charges incid. |
% |
65,38 |
66,23 |
72,97 |
16,69 |
|
Cash
Flow |
Value |
9.486.649 |
6.528.689 |
13.550.179 |
147.669 |
|
Operating
Profit |
Value |
10.309.768 |
5.066.323 |
12.883.129 |
140.969 |
|
Gross
Operating Margin |
Value |
13.056.154 |
9.070.981 |
17.032.890 |
283.954 |
|
MANAGEMENT |
|||||
|
Credits
to clients average term |
Days |
96,32 |
87,44 |
69,34 |
110,91 |
|
Debts
to suppliers average term |
Days |
59,32 |
57,65 |
28,09 |
113,90 |
|
Average
stock waiting period |
Days |
68,26 |
71,79 |
85,70 |
47,23 |
|
Rate
of capital employed return ( Turnover ) |
Units |
1,16 |
1,00 |
1,17 |
1,09 |
|
Rate
of stock return |
Units |
5,27 |
5,01 |
4,20 |
7,61 |
|
Labour
cost incidence |
% |
8,02 |
8,15 |
7,85 |
15,52 |
|
Net
financial revenues/ charges incidence |
% |
-0,08 |
0,10 |
0,08 |
-1,76 |
|
Labour
cost on purchasing expenses |
% |
8,64 |
8,85 |
8,84 |
15,56 |
|
Short-term
financing charges |
% |
0,70 |
0,50 |
2,25 |
3,19 |
|
Capital
on hand |
% |
86,04 |
99,53 |
85,69 |
91,39 |
|
Sales
pro employee |
Value |
400.063 |
688.801 |
408.381 |
214.336 |
|
Labour
cost pro employee |
Value |
32.084 |
56.103 |
32.051 |
32.630 |
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 |
:
|
140.681 |
|
Population
living in the region |
:
|
1.204.718 |
|
Number
of families in the region |
:
|
516.349 |
Monthly
family expences average in the region (in Eur..) :
|
-
per food products |
:
|
377 |
|
-
per non food products |
:
|
1.727 |
|
-
per energy consume |
:
|
114 |
The
values are calculated on a base of 2.727 significant companies.
The
companies cash their credits on an average of 111 dd.
The
average duration of suppliers debts is about 114 dd.
The
sector's profitability is on an average of 3,71%.
The
labour cost affects the turnover in the measure of 15,52%.
Goods
are held in stock in a range of 47 dd.
The
difference between the sales volume and the resources used to realize it is
about 1,09.
The
employees costs represent the 15,56% of the production costs.
Statistcally
the trade activity shows periods of crisis.
The
area is statistically considered lowly risky.
In
the region 3.901 protested subjects are found; in the province they count to
649.
The
insolvency index for the region is 0,33, , while for the province it is 0,47.
Total
Bankrupt companies in the province : 441.
Total
Bankrupt companies in the region : 5.085.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.38 |
|
|
1 |
Rs.100.45 |
|
Euro |
1 |
Rs.70.55 |
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
|
|
|
|
Report Prepared
by : |
NIT |
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.