MIRA INFORM REPORT
|
Report No. : |
347090 |
|
Report Date : |
29.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
EUROSICMA
- COSTRUZIONI MACCHINE AUTOMAT ICHE S.P.A. |
|
|
|
|
Registered Office : |
Via Arbe, 0027, 20125 - Milano (MI) |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
12.11.1962 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
Manufacture
of automatic machines for dosing, wrapping and packaging (including seperate
parts and accessories) |
|
|
|
|
No. of Employee : |
From 91 to 110 |
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 |
|
Maximum Credit Limit : |
250.000 EUR |
|
|
|
|
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
The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 5.2% in 2014. The new German government introduced a minimum wage of about $11.60 (8.50 euros) per hour to take effect in 2015. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011 and in 2012 Germany reached a budget surplus of 0.1%. The budget was essentially in balance in 2014. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016 though the target was already reached in 2012. The German economy suffers from low levels of investment, and a government plan to invest 15 billion euros 2016-18, largely in infrastructure, is intended to spur needed private investment. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela MERKEL announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany plans to replace nuclear power with renewable energy, which accounted for 27.8% of gross electricity consumption in 2014, up from 9% in 2000. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its electricity generating capacity and 46% of its base-load electricity production. Extremely low inflation, caused largely by low global energy prices and a weak euro, are expected to boost German GDP growth in 2015.
|
Source
: CIA |
Company
name and address
EUROSICMA - COSTRUZIONI MACCHINE
AUTOMAT ICHE S.P.A.
Via Arbe, 0027,
20125 - Milano (MI) -IT-
Summary
|
Fiscal Code |
: |
00730100153 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
12/11/1962 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
25.000.000/35.000.000 |
|
Number of Employees |
: |
from 91 to 110 |
|
Credit Opinion |
: |
250.000 Eur |
Activity
Manufacture
of automatic machines for dosing, wrapping and packaging (including seperate
parts and accessories)
Legal
Data
Legal Form : Joint stock company
|
Fiscal Code : 00730100153 |
|
Foreign Trade Reg. no. : MI031316 since
12/12/1991 |
|
Foreign Trade Reg. no. : 031316 of
Milano since 12/12/1991 |
|
Chamber of Commerce no. : 606927
of Milano since 20/11/1962 |
|
V.A.T. Code : 00730100153 |
|
Tribunal Co. Register : 117916 of |
|
Foundation date |
: 12/11/1962 |
|
Establishment date |
: 12/11/1962 |
|
Start of Activities |
: 12/11/1962 |
|
Legal duration |
: 31/12/2040 |
|
Nominal Capital |
: 700.000 |
|
Subscribed Capital |
: 700.000 |
|
Paid up Capital |
: 700.000 |
|
Legal mail : |
AMM@EUROSICMA.LEGALMAIL.IT |
Members
|
Ajani |
Francesco |
|
Born in Milano |
(MI) |
on 16/10/1949 |
- Fiscal Code : JNAFNC49R16F205X |
|
Residence: |
Pergolesi Giovanni Battista |
, 29 |
- 20124 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
29/05/2015 |
||
|
Director |
29/05/2015 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Redaelli |
Marco |
|
Born in Milano |
(MI) |
on 03/11/1949 |
- Fiscal Code : RDLMRC49S03F205T |
|
Residence: |
Gramsci |
, 16 |
- 20060 |
Cassina De' Pecchi |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
29/05/2015 |
||
|
Director |
29/05/2015 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Pozzi |
Ferdinando |
|
Born in Milano |
(MI) |
on 15/09/1952 |
- Fiscal Code : PZZFDN52P15F205B |
|
Residence: |
Algardi Alessandro |
, 9 |
- 20148 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/05/2015 |
|
Redaelli |
Danilo |
|
Born in Milano |
(MI) |
on 26/03/1945 |
- Fiscal Code : RDLDNL45C26F205E |
|
Residence: |
Biancamano |
, 2 |
- 20052 |
Monza |
(MB) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/05/2015 |
||
|
Board Chairman |
29/05/2015 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Fenaroli |
Renata |
|
Born in Milano |
(MI) |
on 13/05/1950 |
- Fiscal Code : FNRRNT50E53F205R |
|
Residence: |
Gramsci |
, 16/A |
- 20060 |
Cassina De' Pecchi |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/05/2015 |
Companies
connected to members *
*checkings have been performed on a
national scale.
In this module are listed the
companies in which members hold or have holded positions.
|
Ajani |
Francesco |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Pozzi Electa S.p.a. |
Milano (MI) - IT - |
00726220155 |
Director |
Active |
Registered |
|
Pozzi Electa S.p.a. |
Milano (MI) - IT - |
00726220155 |
Assistant board Chairman |
Active |
Registered |
|
O.m.s. Officina Meccanica Di
Sonico S.r.l. E Abbreviato O.m.s. S.r.l. |
Sonico (BS) - IT - |
00962530176 |
Director |
Active |
Registered |
|
O.a.sys. Open Automation System
Srl |
Segrate (MI) - IT - |
10221190159 |
Managing Director |
Active |
Registered |
|
Clusonia S.p.a. |
Milano (MI) - IT - |
00723950150 |
Director |
Withdrawn |
Ceased |
|
Immobiliare Osii Societa' Semplice |
Milano (MI) - IT - |
95588930156 |
Partner |
Active |
Registered |
|
Eurotekna S.r.l. |
Milano (MI) - IT - |
06168700968 |
Managing Director |
Active |
Registered |
|
Eurotekna S.r.l. |
Milano (MI) - IT - |
06168700968 |
Director |
Active |
Registered |
|
Redaelli |
Marco |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
O.m.s. Officina Meccanica Di
Sonico S.r.l. E Abbreviato O.m.s. S.r.l. |
Sonico (BS) - IT - |
00962530176 |
Chairman |
Active |
Registered |
|
O.a.sys. Open Automation System
Srl |
Segrate (MI) - IT - |
10221190159 |
Managing Director |
Active |
Registered |
|
Eurotekna S.r.l. |
Milano (MI) - IT - |
06168700968 |
Managing Director |
Active |
Registered |
|
Eurotekna S.r.l. |
Milano (MI) - IT - |
06168700968 |
Director |
Active |
Registered |
|
Eurotekna S.r.l. |
Milano (MI) - IT - |
06168700968 |
Board Chairman |
Active |
Registered |
|
Redaelli |
Danilo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Manichetta Alfa S.r.l. |
Milano (MI) - IT - |
03303610152 |
Sole 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.
Capital
Shareholders
Shareholders' list as at date of
data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Ajani Francesco |
Milano - IT - |
JNAFNC49R16F205X |
70.000 .Eur |
10,00 |
|
Redaelli Marco |
Cassina De' Pecchi - IT - |
RDLMRC49S03F205T |
122.500 .Eur |
17,50 |
|
Pozzi Ferdinando |
Milano - IT - |
PZZFDN52P15F205B |
70.000 .Eur |
10,00 |
|
Redaelli Danilo |
Monza - IT - |
RDLDNL45C26F205E |
122.500 .Eur |
17,50 |
|
Fenaroli Renata |
Cassina De' Pecchi - IT - |
FNRRNT50E53F205R |
28.000 .Eur |
4,00 |
|
Redaelli Marina |
RDLMRN46T48F205T |
35.000 .Eur |
5,00 |
|
|
Redaelli Miriam |
RDLMRM63B48F205H |
51.800 .Eur |
7,40 |
|
|
Redaelli Simona |
RDLSMN76D60F205U |
63.000 .Eur |
9,00 |
|
|
Redaelli Sergio |
RDLSRG78S16F205T |
63.000 .Eur |
9,00 |
|
|
Gatti Rachele |
GTTRHL89M41B832P |
2.100 .Eur |
0,30 |
|
|
Gatti Nicolo' |
GTTNCL84R10B832I |
2.100 .Eur |
0,30 |
|
|
Redaelli Cristina Caterina |
RDLCST82L44F205F |
14.000 .Eur |
2,00 |
|
|
Redaelli Alberto Nicola Ambrogio |
RDLLRT73D20B049G |
28.000 .Eur |
4,00 |
|
|
Redaelli Francesco |
RDLFNC79H26E507G |
28.000 .Eur |
4,00 |
Direct
Participations
The Company under review has
participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
O.a.sys. Open Automation System
Srl |
Segrate - IT - |
10221190159 |
10.400 .Eur |
50,00 |
Active |
||
|
Eurotekna S.r.l. |
Milano - IT - |
06168700968 |
27.637 .Eur |
85,71 |
Active |
Firm's
location and structure
In order to carry out its activities
the firm uses the following locations:
|
- |
Legal and operative seat |
since 12/11/1962 |
|
Arbe |
, 0027 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
PHONE |
: 0226921400 |
|
Legal mail |
: AMM@EUROSICMA.LEGALMAIL.IT |
|
- |
Branch |
since 15/12/1993 |
|
Michelangelo Buonarroti |
, 4/6 |
- 20090 |
- Segrate |
(MI) |
- IT - |
|
PHONE |
: 0226921400 |
|
- |
Branch |
(Warehouse) |
since 02/04/2013 |
|
Modigliani |
, 33 |
- 20090 |
- Segrate |
(MI) |
- IT - |
|
Employees |
: 92 |
|
Fittings and Equipment for a value
of 550.000 |
Eur |
|
Stocks for a value of 7.570.000 |
Eur |
|
Furniture and fittings for a value
of 150.000 |
Eur |
|
Vehicles for a value of 130.000 |
Eur |
|
Work in progress for a value of
270.000 |
Eur |
The firm operates abroad as
exporter..
Export represents more than 50% of
the global turnover.
Products abroad are placed by :
|
- direct orders from foreign
companies |
|
- its own agents |
Export is mainly towards:
|
- Italy |
|
- France |
|
- Germany |
|
- Great Britain |
|
- Greece |
|
- Hungary |
|
- Bulgaria |
|
- Cyprus |
|
- Gabon |
Historical Information and/or Firm's Status
CEASINGS/INCORPORATIONS/MERGES:
|
Splitting-up project and
setting-up of new co |
|
Date |
Merging/Splitting-up Project-New
Company: |
02/12/2003 |
|
Splitting-up and transfer of
assets to |
|
|
|
Michelangelo Buonarroti |
, 6 |
, 20090 |
, Segrate |
(MI) |
- IT - |
|
Fiscal Code: 04351200961 |
|
Date |
Splitting-up: |
26/03/2004 |
Protests
Protests checking on the subject
firm has given a negative result.
Data
Base Prejudicial Events Search
Search performed on a National Scale
|
Prejudicial Events Search
Result: NEGATIVE |
Search performed on a specialized
data base.
Legal
Procedures
None reported, standing to the
latest received edition of the Official Publications.
Financial and Economical Analysis
Company's
starting of activities dates back to 1962.
The
analysis is based on the latest 3 balance sheets.
Under
an economic point of view, profits were registered during the last years with a
r.o.e. of 25,17% in 2014 keeping the turnover steady during the last two years.
The
return on Investment in the last financial year was positive (13,98%) and in
line with the sector's average.
The
operating result is positive and amounts to Eur. 3.537.143 on stable levels if
compared to the previous year.
The
gross operating margin of the latest financial year is of Eur. 3.815.729 on the
same levels as the previous financial year.
Very
good financial situation: shareholder's equity covers short-terms debts with an
indebtedness level equal to 0,43 which is yet rising if compared to 2013.
The
management generated equity capital for an amount of Eur. 9.446.936 on stable
levels.
Total
debts recorded amounted to Eur. 14.023.636 (Eur. 1.600.000 of which were m/l
term debts) while during the financial year 2013 the amount was equal to Eur.
11.627.753.
Moderate
recourse to bank credit while the exposure towards suppliers is rather high
even if it is lower than the sector's average.
Liquidity
is good (1,93)
Credits
are collected in 72,07 days on the average. , a value lower than the sector's
average.
As
far as the cash flow is concerned during the latest financial year it amounted
to Eur. 2.656.684
Subordinate
employment cost is of Eur. 5.817.698, i.e. 24,5% on total production costs. ,
whereas the incidence of such costs on sales revenues is equal to 22,03%.
No
incidence of financial charges as lower than the incomes.
Financial
Data
|
Complete balance-sheet for the
year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
26.406.270 |
|
Profit (Loss) for the period |
2.378.098 |
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
28.389.184 |
|
Profit (Loss) for the period |
2.955.349 |
|
Complete balance-sheet for the
year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
27.151.022 |
|
Profit (Loss) for the period |
3.039.545 |
|
Complete balance-sheet for the
year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
28.223.306 |
|
Profit (Loss) for the period |
4.035.714 |
|
Complete balance-sheet for the
year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
16.346.917 |
|
Profit (Loss) for the period |
858.239 |
Balance Sheets
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 |
0,05 |
0,05 |
0,05 |
0,18 |
|
Elasticity Ratio |
Units |
0,95 |
0,94 |
0,95 |
0,79 |
|
Availability of stock |
Units |
0,30 |
0,29 |
0,34 |
0,21 |
|
Total Liquidity Ratio |
Units |
0,65 |
0,64 |
0,61 |
0,52 |
|
Quick Ratio |
Units |
0,33 |
0,34 |
0,24 |
0,03 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
0,43 |
0,37 |
0,76 |
3,01 |
|
Self Financing Ratio |
Units |
0,37 |
0,43 |
0,39 |
0,19 |
|
Capital protection Ratio |
Units |
0,67 |
0,64 |
0,56 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,20 |
0,08 |
0,08 |
0,16 |
|
Financing |
Units |
1,48 |
1,15 |
1,37 |
3,56 |
|
Permanent Indebtedness Ratio |
Units |
0,47 |
0,47 |
0,43 |
0,34 |
|
M/L term Debts Ratio |
Units |
0,10 |
0,04 |
0,04 |
0,10 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,69 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
10,39 |
8,61 |
8,69 |
1,65 |
|
Current ratio |
Units |
1,93 |
1,89 |
1,78 |
1,18 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,32 |
1,30 |
1,14 |
0,86 |
|
Structure's primary quotient |
Units |
8,22 |
7,90 |
7,85 |
1,02 |
|
Treasury's primary quotient |
Units |
0,67 |
0,68 |
0,45 |
0,06 |
|
Rate of indebtedness ( Leverage ) |
% |
267,75 |
232,65 |
257,83 |
509,92 |
|
Current Capital ( net ) |
Value |
11.601.988 |
10.332.694 |
9.139.485 |
330.495 |
|
RETURN |
|||||
|
Return on Sales |
% |
10,06 |
11,28 |
11,91 |
3,79 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
25,17 |
29,35 |
35,70 |
6,70 |
|
Return on Equity - Gross - (
R.O.E. ) |
% |
37,88 |
44,45 |
52,68 |
18,82 |
|
Return on Investment ( R.O.I. ) |
% |
13,98 |
18,84 |
19,70 |
4,89 |
|
Return/ Sales |
% |
13,40 |
15,55 |
15,92 |
4,78 |
|
Extra Management revenues/charges
incid. |
% |
67,23 |
66,97 |
70,31 |
29,96 |
|
Cash Flow |
Value |
2.656.684 |
3.201.961 |
3.234.024 |
165.166 |
|
Operating Profit |
Value |
3.537.143 |
4.413.141 |
4.323.245 |
225.594 |
|
Gross Operating Margin |
Value |
3.815.729 |
4.659.753 |
4.517.724 |
376.080 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
72,07 |
57,84 |
68,81 |
111,07 |
|
Debts to suppliers average term |
Days |
99,62 |
105,61 |
90,64 |
127,44 |
|
Average stock waiting period |
Days |
103,24 |
87,02 |
99,93 |
62,88 |
|
Rate of capital employed return (
Turnover ) |
Units |
1,04 |
1,21 |
1,24 |
1,10 |
|
Rate of stock return |
Units |
3,49 |
4,14 |
3,60 |
5,58 |
|
Labour cost incidence |
% |
22,03 |
19,72 |
19,14 |
18,94 |
|
Net financial revenues/ charges
incidence |
% |
0,16 |
0,11 |
0,04 |
-1,15 |
|
Labour cost on purchasing expenses |
% |
24,50 |
23,86 |
21,93 |
18,99 |
|
Short-term financing charges |
% |
0,04 |
0,11 |
0,17 |
2,55 |
|
Capital on hand |
% |
95,79 |
82,51 |
80,85 |
90,89 |
|
Sales pro employee |
Value |
145.890 |
163.156 |
167.598 |
199.007 |
|
Labour cost pro employee |
Value |
32.141 |
32.172 |
32.077 |
34.820 |
Remarks
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.
Market
/ Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
Monthly family expences average in
the region (in Eur..) :
|
- per food products |
: |
|
|
- per non food products |
: |
|
|
- per energy consume |
: |
|
Sector
Data
The values are calculated on a base of
1.964 significant companies.
The companies cash their credits on
an average of 111 dd.
The average duration of suppliers
debts is about 127 dd.
The sector's profitability is on an
average of 3,79%.
The labour cost affects the turnover
in the measure of 18,94%.
Goods are held in stock in a range
of 63 dd.
The difference between the sales
volume and the resources used to realize it is about 1,10.
The employees costs represent the
18,99% of the production costs.
Statistical
Detrimental Data
Statistcally the trade activity
shows periods of crisis.
The area is statistically considered
lowly risky.
In the region 50.886 protested
subjects are found; in the province they count to 24.765.
The insolvency index for the region
is 0,55, , while for the province it is 0,66.
Total Bankrupt companies in the
province : 22.523.
Total Bankrupt companies in the
region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.04 |
|
|
1 |
Rs.99.58 |
|
Euro |
1 |
Rs.71.75 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.