|
Report No. : |
344736 |
|
Report Date : |
15.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
OOO "VICHYUNAY-RUS" |
|
|
|
|
Registered Office : |
ul Mayakovskogo d
3b, 238758 Kaliningradskaya obl, g
Sovetsk |
|
|
|
|
Country : |
Russia |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
28.06.2002 |
|
|
|
|
Legal Form : |
Limited liability companies (OOO) |
|
|
|
|
Line of Business : |
|
|
|
|
|
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 |
|
|
|
|
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 "VICHYUNAY-RUS"
ul Mayakovskogo d 3b,
238758 Kaliningradskaya obl, g Sovetsk
Tel: 74016140700
Telefax: 74016140700
E-Mail: office@vici-rus.com
Web: www.viciunaigroup.eu
|
Company development |
Constant company
development. |
|
Business course |
Good order
situation. |
|
|
Terms of payment |
As far as know,
punctually. |
|
Business connection |
Business
connection appears permissable. |
|
Legal form |
Limited
liability companies (OOO) |
|
|
Established on |
28/06/2002 -
Limited liability companies (OOO) |
|
|
Registered on |
02/10/2002,
MEZHRAYONNAYA INSPEKTSIYA N4 MNS PO KALININGRADSKOY OBLASTI, RegNr.:
1023902001947 |
|||
|
Registered capital |
RUB |
193 000 000,- |
|
|
|
Owner |
ZAKRYTOE AKTSIONERNOE OBSHCHESTVO VICHYUNU GRUPE |
% |
100 |
|
|
Sole Executive Body |
YUozas Berzhonskis |
|||
|
General data |
Main activity: |
|
|
|
Brand name: |
|
|
|
"ESVA"
|
|
|
"COLUMBUS"
|
|
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Full name: |
|
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Short name: |
|
|
|
|
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Residence address: |
|
Other activities |
||
|
|
: |
|
|
|
Wholesale of
live animals |
|
|
|
Wholesale of
other food |
|
|
Wholesale of
other food |
|
|
|
Freight
transport by road |
|
|
Storage and
warehousing |
|
|
|
Activities of
other transport agencies |
|
|
Advertising |
|||||
|
Annual turnover |
31/12/2006 |
Enterprise
turnover |
RUB |
1 862 712 000,-
|
|
|
|
|
31/12/2007 |
Enterprise
turnover |
RUB |
2 306 738 000,-
|
|
|
|
31/12/2008 |
Enterprise
turnover |
RUB |
3 302 404 000,-
|
|
|
|
31/12/2009 |
Enterprise
turnover |
RUB |
3 550 871 000,-
|
|
|
|
31/12/2010 |
Enterprise
turnover |
RUB |
3 861 417 000,-
|
|
|
|
31/12/2011 |
Enterprise
turnover |
RUB |
4 602 929 000,-
|
|
|
|
31/12/2012 |
Enterprise
turnover |
RUB |
4 803 997 000,-
|
|
|
|
31/12/2013 |
Enterprise
turnover |
RUB |
5 227 374 000,-
|
|
|
|
31/12/2014 |
Enterprise turnover
|
RUB |
6 674 755 000,-
|
|
|
Events, negative data |
25.09.2012 - Legal
debt collection procedure |
|
|
23.03.2015 - Legal
debt collection procedure |
|
|
24.07.2015 - Legal
debt collection procedure |
|
Remarks |
OOO “VICHUNAI
RUS” is a part of VICIUNAI GROUP. The main activity of OOO “VICHUNAI RUS” is
production of fish products and crab sticks under the marks “VICI”, “ESVA”,
“COLUMBUS”. |
|
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 |
6 333 |
8 245 |
7 420 |
|
The results of
research and development |
0 |
0 |
0 |
|
Intangible
research assets |
0 |
0 |
0 |
|
Tangible
research assets |
0 |
0 |
0 |
|
Fixed assets |
699 904 |
675 542 |
678 018 |
|
Profitable
investments in tangible assets |
0 |
0 |
0 |
|
Financial
investments |
216 253 |
216 253 |
58 464 |
|
Deferred tax
assets |
9 013 |
6 725 |
82 741 |
|
Other
non-current assets |
4 697 |
934 |
7 301 |
|
TOTAL IN
SECTION I. |
936 200 |
907 699 |
833 944 |
|
II. CURRENT
ASSETS |
|
|
|
|
Inventories |
959 228 |
1 138 078
|
1 769 528
|
|
VAT on acquired
assets |
3 932 |
3 781 |
4 087 |
|
Accounts
receivable |
1 463 005
|
1 637 747
|
3 055 887
|
|
Financial
investments (excluding the monetary equivalent) |
275 816 |
337 706 |
553 028 |
|
Cash and
monetary equivalents |
14 052 |
11 791 |
150 403 |
|
Other current
assets |
1 786 |
0 |
0 |
|
TOTAL IN
SECTION II. |
2 717 819
|
3 129 103
|
5 532 934
|
|
BALANCE |
3 654 019
|
4 036 802
|
6 366 879
|
|
2. LIABILITIES |
|
|
|
|
III. CAPITAL
AND RESERVES |
|
|
|
|
Authorized capital
(share capital, charter capital, deposits capital, partners capital) |
193 000 |
193 000 |
193 000 |
|
Treasury stock |
0 |
0 |
0 |
|
Revaluation of
fixed assets |
9 100 |
9 125 |
3 294 |
|
Additional
capital (without revaluation) |
2 |
2 |
0 |
|
Reserve capital
|
0 |
0 |
0 |
|
Retained
earnings (uncovered loss) |
775 384 |
938 190 |
1 161 397
|
|
TOTAL IN
SECTION III. |
977 486 |
1 140 317
|
1 357 692
|
|
IV. LONG-TERM
LIABILITIES |
|
|
|
|
Borrowed funds |
490 000 |
357 500 |
739 500 |
|
Deferred tax
liabilities |
73 853 |
78 645 |
77 926 |
|
Provisions |
0 |
0 |
0 |
|
Other
liabilities |
0 |
0 |
0 |
|
TOTAL IN
SECTION IV. |
563 853 |
436 145 |
817 426 |
|
V. SHORT-TERM
LIABILITIES |
|
|
|
|
Borrowed funds |
1 229 909
|
1 469 611
|
1 859 941
|
|
Payables |
867 101 |
965 314 |
2 302 607
|
|
Deferred income
|
0 |
0 |
0 |
|
Provisions |
15 669 |
25 416 |
29 213 |
|
Sonstige
Verbindlichkeiten |
0 |
0 |
0 |
|
TOTAL IN
SECTION V. |
2 112 680
|
2 460 340
|
4 191 761
|
|
BALANCE |
3 654 019
|
4 036 802
|
6 366 879
|
|
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 |
4 803 997
|
5 227 374
|
6 674 755
|
||||
|
Cost of sales |
4 078 037
|
4 370 479
|
5 294 708
|
||||
|
Gross profit
(loss) |
725 960 |
856 895 |
1 380 047
|
||||
|
Selling
expenses |
356 618 |
379 360 |
542 904 |
||||
|
Administrative
expenses |
47 590 |
58 429 |
81 700 |
||||
|
Sales profit
(loss) |
321 752 |
419 106 |
755 443 |
||||
|
Earnings from
other entities |
0 |
0 |
0 |
||||
|
Interest
receivable |
3 662 |
14 504 |
26 585 |
||||
|
Interest
payable |
150 976 |
170 673 |
198 137 |
||||
|
Other operating
income |
526 989 |
325 114 |
1 444 500
|
||||
|
Other operating
expenses |
463 260 |
382 733 |
1 745 370
|
||||
|
Profit (loss)
before tax |
238 167 |
205 318 |
283 021 |
||||
|
Current profit
tax |
36 534 |
35 438 |
134 200 |
||||
|
Permanent tax
liabilities (assets) |
1 315 |
1 448 |
2 320 |
||||
|
Change in deferred
tax liabilities |
4 420 |
4 786 |
740 |
||||
|
Change in
deferred tax assets |
-7 994 |
-2 288 |
76 015 |
||||
|
Different |
0 |
0 |
889 |
||||
|
Net profit
(loss) |
189 219 |
162 806 |
223 207 |
||||
|
Results of fixed
assets revaluation, non-includedin net profit/loss for period |
0 |
25 |
-733 |
||||
|
Result of other
transactions, non included in net profit/loss for period |
0 |
0 |
-5 100 |
||||
|
Total financial
result for period |
189 219 |
162 831 |
217 374 |
||||
|
|
|||||||
|
RATIOS |
|
2012 |
2013 |
2014 |
|||
|
|
Current ratio |
1,29 |
1,27 |
1,32 |
|
|
Quick ratio |
0,83 |
0,81 |
0,9 |
|
|
Average
Collection Period |
102 |
108 |
128 |
|
|
Payables turnover
Period |
72,3 |
76,52 |
113 |
|
|
Debt ratio |
0,73 |
0,72 |
0,79 |
|
|
Equity to total
assets ratio |
0,27 |
0,28 |
0,21 |
|
|
Funding ratio |
0,37 |
0,39 |
0,27 |
|
|
Return on sales
|
3,94 |
3,11 |
3,34 |
|
|
Return on
Assets |
5,53 |
4,23 |
4,29 |
|
|
Return on
Equity |
21,43 |
15,38 |
17,87 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.11 |
|
|
1 |
Rs.99.50 |
|
Euro |
1 |
Rs.74.24 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.