MIRA INFORM REPORT
|
Report No. : |
339480 |
|
Report Date : |
08.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
EURICOM S.P.A. |
|
|
|
|
Registered Office : |
Via Stazione, 119, 27020 - Valle Lomellina (PV) -IT- |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
23.07.1980 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
·
Cultivation of rice ·
Cleaning and sorting of seeds and grains ·
Wholesale of grains and dried legumes |
|
|
|
|
No. of Employees : |
From 16 to 25 |
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 |
Company
name & address
EURICOM S.P.A.
Via Stazione, 119
27020 - Valle Lomellina (PV) -IT-
Summary
|
Fiscal Code |
: |
05897170154 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
23/07/1980 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
over 129.114.224 |
|
Number of Employees |
: |
from 16 to 25 |
Activity
Cultivation of rice
Cleaning and sorting of seeds and grains
Wholesale of grains and dried legumes
Legal
Data
Legal Form : Joint stock company
|
Fiscal Code : 05897170154 |
|
Foreign Trade Reg. no. : PV010997 since 01/04/1993 |
|
Chamber of Commerce no. : 1049892 of Milano |
|
Chamber of Commerce no. : 242141 of Mantova |
|
Chamber of Commerce no. : 191665 of Pavia since 17/03/1993 |
|
Chamber of Commerce no. : 128107 of Vercelli since 15/10/1980 |
|
Firms' Register : PV177-8258 of Pavia since 19/02/1996 |
|
V.A.T. Code : 01514430188 |
|
Establishment date |
: 23/07/1980 |
|
|
Start of Activities |
: 23/07/1980 |
|
|
Legal duration |
: 31/12/2100 |
|
|
Nominal Capital |
: 10.992.040 |
|
|
Subscribed Capital |
: 10.992.040 |
|
|
Paid up Capital |
: 10.992.040 |
|
Legal mail : |
EURICOM@PEC.EURICOM.IT |
Members
|
|
Francese |
Mario |
|
|
Born in Vercelli |
(VC) |
on 30/08/1951 |
- Fiscal Code : FRNMRA51M30L750K |
|
|
Residence: |
San Martino |
, 6 |
- 13100 |
Vercelli |
(VC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
26/06/2013 |
||
|
Director |
26/06/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Sempio |
Francesco Giovanni |
|
|
Born in Pavia |
(PV) |
on 31/03/1943 |
- Fiscal Code : SMPFNC43C31G388K |
|
|
Residence: |
Della Costituzione |
, 5 |
- 27035 |
Mede |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
02/02/2001 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Buscaglia |
Paolo |
|
|
Born in Biella |
(VC) |
on 23/10/1961 |
- Fiscal Code : BSCPLA61R23A859Q |
|
|
Residence: |
Arale |
, 1 |
- 13040 |
Palazzolo Vercellese |
(VC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
16/09/2013 |
|
|
Gamalerio |
Roberto |
|
|
Born in Mortara |
(PV) |
on 09/01/1964 |
- Fiscal Code : GMLRRT64A09F754W |
|
|
Residence: |
Della Vittoria |
, 1 |
- 27034 |
Galliavola |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
23/03/2009 |
|
|
Prejudicial events registered |
Judicial Mortgage - Mod.60 -
31/12/2008.
|
|
BANCA ANTONVENETA S. P. A. |
|
|
No Protests registered |
|
|
Ricefin S.r.l. |
|
|
: |
Luigi Cadorna |
, 6 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Ferrario |
Riccardo Anselmo |
|
|
Born in Castiglione d'Adda |
(MI) |
on 17/03/1962 |
- Fiscal Code : FRRRCR62C17C304F |
|
|
Residence: |
Cavallotti |
, 54 |
- 26841 |
Casalpusterlengo |
(LO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
16/09/2013 |
||
|
Attorney with special power |
16/04/2015 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Malvisini |
Massimo |
|
|
Born in Mede |
(PV) |
on 23/12/1970 |
- Fiscal Code : MLVMSM70T23F080A |
|
|
Residence: |
Lambertenga |
, 3 |
- 27035 |
Mede |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
21/06/2007 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Sempio |
Bruno Daniele |
|
|
Born in Pavia |
(PV) |
on 04/09/1973 |
- Fiscal Code : SMPBND73P04G388T |
|
|
Residence: |
Costituzione |
, 5 |
- 27035 |
Mede |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
26/06/2013 |
||
|
Director |
26/06/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Negri |
Edoardo Angelo |
|
|
Born in Mede |
(PV) |
on 17/09/1971 |
- Fiscal Code : NGRDDN71P17F080H |
|
|
Residence: |
Dei Mille |
, 3 |
- 27035 |
Mede |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
16/09/2013 |
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.
|
|
Francese |
Mario |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Corticella Molini E Pastifici - S.p.a. |
Reggio Emilia (RE) - IT - |
00302260377 |
Director |
Withdrawn |
Registered |
|
Riseria Campiverdi Dante S.r.l. |
Valle Lomellina (PV) - IT - |
00041370388 |
Managing
Director |
Withdrawn |
Ceased |
|
Riseria Campiverdi Dante S.r.l. |
Valle Lomellina (PV) - IT - |
00041370388 |
Board Chairman |
Withdrawn |
Ceased |
|
Societa' Di Macinazione Molini Certosa -Societa' Per Azioni |
Certosa di Pavia (PV) - IT - |
00858730153 |
Director |
Withdrawn |
Registered |
|
Curti S.r.l. |
Valle Lomellina (PV) - IT - |
01577610189 |
Managing Director |
Active |
Registered |
|
Eurotransport S.r.l. |
Ferrera Erbognone (PV) - IT - |
00457040186 |
Sole Director |
Withdrawn |
Registered |
|
Distretto Lombardo Di Filiera Del Riso EDel Risotto |
Pavia (PV) - IT - |
02537920189 |
Director |
Active |
Registered |
|
|
Sempio |
Bruno Daniele |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Cooperativa Lomellina Cerealicoltori Soc. Coop. |
Lomello (PV) - IT - |
00821000189 |
Director |
Active |
Registered |
|
Fortunata S.a.s. Di Isidoro Claudio Sempio E C. |
Lomello (PV) - IT - |
01026130060 |
Limited Partner |
Active |
Registered |
|
Co.ri.so S.r.l. |
Confienza (PV) - IT - |
01458680186 |
Managing
Director |
Active |
Registered |
|
Co.ri.so S.r.l. |
Confienza (PV) - IT - |
01458680186 |
Director |
Active |
Registered |
|
Co.ri.so S.r.l. |
Confienza (PV) - IT - |
01458680186 |
Board Chairman |
Active |
Registered |
|
Riso Ticino Soc. Coop. |
Lomello (PV) - IT - |
00297510182 |
Director |
Active |
Registered |
|
Mec Mais Soc. Coop. |
Lomello (PV) - IT - |
00965120181 |
Director |
Active |
Registered |
|
Agricola Sviluppo Cooperazione A.s.c.o.Societa' Coop. |
San Giorgio di Lomellina (PV) - IT - |
01223000181 |
Director |
Active |
Registered |
|
Cereal Consult S.a.s. Di Sempio Bruno Daniele E C. |
Lomello (PV) - IT - |
01619200189 |
General Partner |
Active |
Registered |
|
Societa' Agricola F.lli Sempio Isidoro EBruno S.s. |
Ottobiano (PV) - IT - |
01543020182 |
Partner |
Active |
Registered |
|
Remy Italia S.p.a. |
Confienza (PV) - IT - |
02079200180 |
Director |
Active |
Registered |
|
Societa' Immobiliare Lomellina Di SempioBruno Daniele E C. S.n.c |
Lomello (PV) - IT - |
00872920186 |
Director |
Active |
Registered |
|
Societa' Immobiliare Lomellina Di SempioBruno Daniele E C. S.n.c |
Lomello (PV) - IT - |
00872920186 |
Partner |
Active |
Registered |
|
Agro S.r.l. |
Lomello (PV) - IT - |
02506750187 |
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 |
|
Nervi Giuseppe |
Palazzolo Vercellese - IT - |
NRVGPP30M26G266P |
704.250 .Eur |
6,40 |
|
Sempio Francesco Giovanni |
Mede - IT - |
SMPFNC43C31G388K |
6.557.940 .Eur |
59,66 |
|
Ricefin S.r.l. |
Milano - IT - |
05242660966 |
3.729.850 .Eur |
33,93 |
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 |
|
Societa' Di Macinazione Molini Certosa - Societa' Per Azioni |
Certosa di Pavia - IT - |
00858730153 |
1.243.972 .Eur |
99,99 |
Active |
||
|
Ambrogest S.p.a. |
Milano - IT - |
04738500968 |
5.581 .Eur |
4,65 |
Active |
||
|
Co.ri.so S.r.l. |
Confienza - IT - |
01458680186 |
775.000 .Eur |
100,00 |
Active |
||
|
Riseria Carlo Pigino E Figlio - S.r.l. |
Palazzolo Vercellese - IT - |
00162330021 |
12.948 .Eur |
83,00 |
Active |
||
|
Curti S.r.l. |
Valle Lomellina - IT - |
01577610189 |
5.932.573 .Eur |
100,00 |
Active |
||
|
Societa' Consortile Sala Contrattazione Merci Di Mortara E Lomellina
R.l. |
Mortara - IT - |
01555340189 |
25.963 .Eur |
2,93 |
Active |
Firm's
location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
Stazione |
, 119 |
- 27020 |
- Valle Lomellina |
(PV) |
- IT - |
|
PHONE |
: 0384797649 |
|
PHONE |
: 0384797657 |
|
PHONE |
: 0384700532 |
|
PHONE |
: 0161224411 |
|
FAX |
: 0161280031 |
|
Legal mail |
: EURICOM@PEC.EURICOM.IT |
|
- |
Secondary office |
|
Calle 5ta A |
, 4404 |
- Havana |
- IT - |
|
- |
Branch |
(Store) |
since 29/04/2009 |
|
Stazione |
, 113 |
- 27020 |
- Valle Lomellina |
(PV) |
- IT - |
|
- |
Branch |
(Factory) |
since 01/09/2010 |
|
Del Chioso |
, 2 |
- 27020 |
- Valeggio |
(PV) |
- IT - |
|
- |
Branch |
(Store) |
since 01/09/2010 |
|
S. Giovanni D'oria |
, 6 |
- 27030 |
- Ottobiano |
(PV) |
- IT - |
|
- |
Branch |
(office) |
since 19/12/2011 |
|
Robbio |
, 40 |
- 27030 |
- Confienza |
(PV) |
- IT - |
|
- |
Branch |
(Store) |
since 01/09/2010 |
|
Brede |
, 3 |
- 46010 |
- San Martino Dall'Argine |
(MN) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 15/07/1989 |
|
Bassano |
, 13 |
- 13100 |
- Vercelli |
(VC) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 10/01/2004 |
|
Xx Settembre |
, 14/BIS |
- 13040 |
- Buronzo |
(VC) |
- IT - |
|
Employees |
: 16 |
|
Fittings and Equipment for a value of 680.000 |
Eur |
|
Stocks for a value of 14.410.000 |
Eur |
Trade organization: direct or by agents.
Sales area on a national scale.
Import comes generally from the following nations:
|
- Cuba |
|
- France |
|
- Germany |
|
- Great Britain |
|
- Spain |
|
- Finland |
Historical
Information and/or Firm's Status
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of merging by taking over of |
|
|
|
|
Cascina San Giovanni |
, 27030 |
, Ottobiano (PV) |
- IT - |
|
|
Fiscal Code: 01124680180 |
|
|
Date |
Merging/splitting-up project: |
29/06/2007 |
|
|
The firm absorbed by merging of |
|
|
|
|
Cascina San Giovanni |
, 27030 |
, Ottobiano (PV) |
- IT - |
|
|
Fiscal Code: 01124680180 |
|
|
Date |
: |
06/09/2007 |
|
|
The firm absorbed by merging of |
|
|
|
|
Cascina San Giovanni |
, 27030 |
, Ottobiano (PV) |
- IT - |
|
|
Fiscal Code: 01124680180 |
|
|
Date |
: |
29/11/2007 |
|
|
Project of merging by taking over of |
|
|
|
|
Boragno |
, 27034 |
, Lomello |
(PV) |
- IT - |
|
|
Fiscal Code: 00640260188 |
|
|
Date |
Merging/splitting-up project: |
25/11/2008 |
|
|
The firm absorbed by merging of |
|
|
|
|
Boragno |
, 27034 |
, Lomello |
(PV) |
- IT - |
|
|
Fiscal Code: 00640260188 |
|
|
Date |
: |
18/12/2008 |
|
|
The firm absorbed by merging of |
|
|
|
|
Boragno |
, 27034 |
, Lomello |
(PV) |
- IT - |
|
|
Fiscal Code: 00640260188 |
|
|
Date |
: |
01/04/2009 |
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
Subject is active since 1980
The economic-financial analysis has been made on the base of the b/s of
the latests three years.
In the economic management , good and bad results followed on by turns.
anyway in 2014 a positive result was achieved (r.o.e. 13,56%).
The operating result was positive in the last financial year (4,64%)
falling within the field's average.
An operating result of Eur. 6.262.248 has been registered. showing an
upward trend more then 100% compared to the previous financial year.
During the latest financial year the gross operating margin amounted to
Eur. 6.702.601 growing by more then 100% if compared to the year before.
The financial status of the company is fairly balanced with an indebtedness
level of 2,26 and decreasing as against 2013.
Subject can manage an equity capital funds for an amount of Eur.
34.781.956 , stable in comparison with the value of the previous year.
Total debts recorded amounted to Eur. 95.446.610 (Eur. 12.635.602 of
which were m/l term debts) , a more or less stable value.
The exposure towards banks is slightly high, the recourse to suppliers'
credit is limited lined up with the sector.
The management determines a good range of liquidity.
Trade credits are collected slowly, average term is 127,96 days. even if
compared to the average of the sector.
During financial year 2014 the cash flow amounted to Eur. 5.158.351
During 2014 financial year labour costs amounted to Eur. 1.057.617, with
a 0,64% incidence on production costs. , whereas the incidence on sales
revenues is of 0,63%.
The financial management has a limited economic impact, equal to -0,27%
on the sales.
Financial Data
|
|
Complete balance-sheet for the year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
167.254.798 |
|
Profit (Loss) for the period |
4.717.998 |
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
159.101.848 |
|
Profit (Loss) for the period |
679.554 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
141.782.098 |
|
Profit (Loss) for the period |
-2.754.447 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
175.022.934 |
|
Profit (Loss) for the period |
2.989.866 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
130.973.401 |
|
Profit (Loss) for the period |
1.618.539 |
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 |
|
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RATIOS |
Value Type |
as at 31/12/2014 |
as at 31/12/2013 |
as at 31/12/2012 |
Sector Average |
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COMPOSITION ON
INVESTMENT |
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|
Rigidity Ratio |
Units |
0,32 |
0,33 |
0,33 |
0,11 |
|
Elasticity Ratio |
Units |
0,68 |
0,67 |
0,67 |
0,87 |
|
Availability of stock |
Units |
0,11 |
0,07 |
0,04 |
0,17 |
|
Total Liquidity Ratio |
Units |
0,57 |
0,60 |
0,63 |
0,61 |
|
Quick Ratio |
Units |
0,08 |
0,13 |
0,05 |
0,03 |
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COMPOSITION ON
SOURCE |
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Net Short-term indebtedness |
Units |
2,26 |
2,37 |
2,32 |
3,90 |
|
Self Financing Ratio |
Units |
0,26 |
0,26 |
0,22 |
0,17 |
|
Capital protection Ratio |
Units |
0,55 |
0,58 |
0,78 |
0,66 |
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Liabilities consolidation quotient |
Units |
0,16 |
0,00 |
0,17 |
0,09 |
|
Financing |
Units |
2,74 |
2,81 |
2,87 |
4,57 |
|
Permanent Indebtedness Ratio |
Units |
0,36 |
0,26 |
0,32 |
0,28 |
|
M/L term Debts Ratio |
Units |
0,10 |
0,00 |
0,10 |
0,06 |
|
Net Financial Indebtedness Ratio |
Units |
1,55 |
1,57 |
1,82 |
0,96 |
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CORRELATION |
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Fixed assets ratio |
Units |
1,10 |
0,80 |
0,98 |
2,10 |
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Current ratio |
Units |
1,10 |
0,92 |
1,22 |
1,13 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,93 |
0,82 |
1,14 |
0,86 |
|
Structure's primary quotient |
Units |
0,80 |
0,79 |
0,68 |
1,34 |
|
Treasury's primary quotient |
Units |
0,13 |
0,18 |
0,10 |
0,05 |
|
Rate of indebtedness ( Leverage ) |
% |
387,72 |
386,07 |
446,20 |
587,66 |
|
Current Capital ( net ) |
Value |
8.236.322 |
-6.631.594 |
14.054.635 |
135.886 |
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RETURN |
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Return on Sales |
% |
3,08 |
0,89 |
-1,41 |
1,61 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
13,56 |
2,30 |
-10,58 |
5,01 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
16,71 |
3,15 |
-20,32 |
13,67 |
|
Return on Investment ( R.O.I. ) |
% |
4,64 |
2,24 |
-9,09 |
4,30 |
|
Return/ Sales |
% |
3,74 |
1,60 |
-7,45 |
2,39 |
|
Extra Management revenues/charges incid. |
% |
75,34 |
26,67 |
n.c. |
27,17 |
|
Cash Flow |
Value |
5.158.351 |
1.417.265 |
-2.004.565 |
47.597 |
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Operating Profit |
Value |
6.262.248 |
2.547.694 |
-10.559.726 |
71.380 |
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Gross Operating Margin |
Value |
6.702.601 |
3.285.405 |
3.190.156 |
124.518 |
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MANAGEMENT |
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Credits to clients average term |
Days |
127,96 |
81,04 |
101,29 |
90,43 |
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Debts to suppliers average term |
Days |
75,66 |
52,35 |
51,21 |
76,51 |
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Average stock waiting period |
Days |
31,02 |
18,99 |
13,20 |
37,27 |
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Rate of capital employed return ( Turnover ) |
Units |
1,24 |
1,40 |
1,22 |
1,64 |
|
Rate of stock return |
Units |
11,60 |
18,96 |
27,27 |
9,56 |
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Labour cost incidence |
% |
0,63 |
0,68 |
0,71 |
4,81 |
|
Net financial revenues/ charges incidence |
% |
-0,27 |
-0,37 |
3,59 |
-0,99 |
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Labour cost on purchasing expenses |
% |
0,64 |
0,68 |
0,65 |
4,83 |
|
Short-term financing charges |
% |
2,59 |
3,44 |
4,03 |
2,90 |
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Capital on hand |
% |
80,63 |
71,57 |
81,94 |
60,86 |
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Sales pro employee |
Value |
10.453.424 |
4.821.268 |
6.444.640 |
686.413 |
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Labour cost pro employee |
Value |
66.101 |
32.808 |
45.529 |
33.271 |
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
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Population living in the province |
: |
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Population living in the region |
: |
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Number of families in the region |
: |
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Monthly family expences average in the region (in Eur..) :
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- per food products |
: |
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- per non food products |
: |
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- per energy consume |
: |
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Sector
Data
The values are calculated on a base of 941 significant companies.
The companies cash their credits on an average of 90 dd.
The average duration of suppliers debts is about 77 dd.
The sector's profitability is on an average of 1,61%.
The labour cost affects the turnover in the measure of 4,81%.
Goods are held in stock in a range of 37 dd.
The difference between the sales volume and the resources used to
realize it is about 1,64.
The employees costs represent the 4,83% of the production costs.
Statistical
Detrimental Data
Statistcally the trade activity shows periods of crisis.
The area is statistically considered moderately risky.
In the region 50.886 protested subjects are found; in the province they
count to 2.343.
The insolvency index for the region is 0,55, , while for the province it
is 0,46.
Total Bankrupt companies in the province : 986.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.74 |
|
|
1 |
Rs.101.36 |
|
Euro |
1 |
Rs.74.27 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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-- |
NB |
New Business |
-- |
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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.