|
Report No. : |
340043 |
|
Report Date : |
10.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
CERAMICHE ATLAS
CONCORDE S.P.A. |
|
|
|
|
Registered Office : |
Via Canaletto, 141 Spezzano, 41042- Fiorano Modenese (MO) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
09.10.1980 |
|
|
|
|
Legal Form : |
Joint stock company with sole shareholders |
|
|
|
|
Line of Business : |
· Manufacturer of Clay Building Materials · Manufacturer of Other Porcelain and Ceramic Products. |
|
|
|
|
No. of Employees : |
From 500 to 750 |
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 : |
Good |
|
|
|
|
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 |
CERAMICHE ATLAS
CONCORDE S.P.A.
Via Canaletto, 141 SPEZZANO
41042 - Fiorano Modenese (MO) -IT-
|
Fiscal
Code |
: |
01282550365 |
|
Legal
Form |
: |
Joint
stock company with sole shareholder |
|
start
of Activities |
: |
09/10/1980 |
|
Equity |
: |
Over
2.582.254 |
|
Turnover
Range |
: |
over
129.114.224 |
|
Number
of Employees |
: |
from
500 to 750 |
Manufacture
of clay building materials
Manufacture
of other porcelain and ceramic products
Legal
Form : Joint stock company with sole shareholder
|
Fiscal
Code : 01282550365 |
|
Foreign
Trade Reg. no. : MO011971 since 09/01/1992 |
|
Foreign
Trade Reg. no. : 11971 of Modena since 09/01/1992 |
|
Foreign
Trade Reg. no. : 011971 of Modena since 09/01/1992 |
|
Chamber
of Commerce no. : 202376 of Modena since 17/11/1980 |
|
Chamber
of Commerce no. : 196470 of Reggio Emilia |
|
Firms'
Register : MO023-14397 of Modena since 19/02/1996 |
|
V.A.T.
Code : 01282550365 |
|
Tribunal
Co. Register : 14397 of |
|
Foundation
date |
:
09/10/1980 |
|
|
Establishment
date |
:
09/10/1980 |
|
|
Start
of Activities |
:
09/10/1980 |
|
|
Legal
duration |
:
31/12/2050 |
|
|
Nominal
Capital |
:
6.032.000 |
|
|
Subscribed
Capital |
:
6.032.000 |
|
|
Paid
up Capital |
:
6.032.000 |
|
Legal
mail : |
ATLASCONCORDE@PEC.CONFINDUSTRIAMODENA.COM |
|
|
Chiletti |
Ivano |
|
|
Born
in Serramazzoni |
(MO) |
on
28/08/1954 |
-
Fiscal Code : CHLVNI54M28F375X |
|
|
Residence: |
Mercadante |
,
45 |
-
41049 |
Sassuolo |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
29/07/2013 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Mussini |
Agostino |
|
|
Born
in Formigine |
(MO) |
on
28/08/1925 |
-
Fiscal Code : MSSGTN25M28D711V |
|
|
Residence: |
Don
Franchini |
,
128 |
-
41010 |
Formigine |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
General |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Gruppo
Concorde S.p.a. |
|
|
Residence: |
Canaletto |
,
141 |
-
41042 |
Fiorano
Modenese |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Sole
partner |
01/01/2004 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Mussini |
Luca |
|
|
Born
in Modena |
(MO) |
on
07/04/1966 |
-
Fiscal Code : MSSLCU66D07F257F |
|
|
Residence: |
Bellini |
,
24 |
-
41049 |
Sassuolo |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
28/02/1996 |
||
|
Director |
20/05/2015 |
||
|
Board
Chairman |
20/05/2015 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Barchi |
Stefano |
|
|
Born
in Reggio Emilia |
(RE) |
on
13/07/1964 |
-
Fiscal Code : BRCSFN64L13H223O |
|
|
Residence: |
Guittone
D Arezzo |
,
20/1 |
-
42123 |
Reggio
Emilia |
(RE) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
20/05/2015 |
|
|
Landi |
Cesare |
|
|
Born
in Modena |
(MO) |
on
14/11/1948 |
-
Fiscal Code : LNDCSR48S14F257W |
|
|
Residence: |
Fabbricotti |
,
128 |
-
19031 |
Ameglia |
(SP) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
01/12/2011 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Nicolini |
Roberto |
|
|
Born
in Sassuolo |
(MO) |
on
04/05/1962 |
-
Fiscal Code : NCLRRT62E04I462D |
|
|
Residence: |
Paganini |
,
14 |
-
41049 |
Sassuolo |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
06/06/2013 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Medici |
Andrea |
|
|
Born
in Sassuolo |
(MO) |
on
16/08/1973 |
-
Fiscal Code : MDCNDR73M16I462P |
|
|
Residence: |
Legnago |
,
68 |
-
41049 |
Sassuolo |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
31/03/2014 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Mazzotti |
Maurizio |
|
|
Born
in Castel San Pietro Terme |
(BO) |
on
29/06/1968 |
-
Fiscal Code : MZZMRZ68H29C265S |
|
|
Residence: |
Dante |
,
10 |
-
40026 |
Imola |
(BO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
26/06/2009 |
||
|
Director |
20/05/2015 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Sgarbi |
Filippo |
|
|
Born
in Modena |
(MO) |
on
03/05/1973 |
-
Fiscal Code : SGRFPP73E03F257N |
|
|
Residence: |
Gobetti |
,
49 |
-
41043 |
Formigine |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
01/12/2011 |
|
|
No
Protests registered |
|
|
Barbieri |
Paolo |
|
|
Born
in Modena |
(MO) |
on
29/05/1963 |
-
Fiscal Code : BRBPLA63E29F257O |
|
|
Residence: |
G.
Garibaldi |
,
36 |
-
41053 |
Maranello |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
01/12/2011 |
|
|
No
Protests registered |
|
|
Conti |
Andrea |
|
|
Born
in Scandiano |
(RE) |
on
19/10/1974 |
-
Fiscal Code : CNTNDR74R19I496F |
|
|
Residence: |
Zozi |
,
214 |
-
41053 |
Maranello |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Attorney
with special power |
06/06/2013 |
|
|
No
Protests registered |
|
|
Mussini |
Davide |
|
|
Born
in Sassuolo |
(MO) |
on
05/02/1965 |
-
Fiscal Code : MSSDVD65B05I462V |
|
|
Residence: |
Spezzani |
,
3 |
-
41043 |
Formigine |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
20/05/2015 |
|
|
Poncemi |
Lelio |
|
|
Born
in Castelnovo Ne' Monti |
(RE) |
on
25/12/1959 |
-
Fiscal Code : PNCLLE59T25C219Q |
|
|
Residence: |
Degli
Esposti |
,
149 |
-
41058 |
Vignola |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
20/05/2015 |
|
|
Ferraguti |
Romano |
|
|
Born
in Modena |
(MO) |
on
21/10/1948 |
-
Fiscal Code : FRRRMN48R21F257P |
|
|
Residence: |
Panaro |
,
8 |
-
41043 |
Formigine |
(MO) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
20/05/2015 |
*checkings
have been performed on a national scale.
In
this module are listed the companies in which members hold or have holded
positions.
|
|
Gruppo
Concorde S.p.a. |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Ceramiche
Caesar S.p.a. |
Fiorano
Modenese (MO) - IT - |
00179660360 |
Sole
partner |
Active |
Registered |
|
|
Mussini |
Luca |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Ceramiche
Caesar S.p.a. |
Fiorano
Modenese (MO) - IT - |
00179660360 |
Director |
Active |
Registered |
|
Ceramiche
Caesar S.p.a. |
Fiorano
Modenese (MO) - IT - |
00179660360 |
Board
Chairman |
Active |
Registered |
|
Ceramiche
Marca Corona S.p.a. |
Sassuolo
(MO) - IT - |
00628160368 |
Director |
Active |
Registered |
|
Mirage
Granito Ceramico S.p.a. |
Pavullo
nel Frignano (MO) - IT - |
00175990365 |
Director |
Active |
Registered |
|
Gruppo
Concorde S.p.a. |
Fiorano
Modenese (MO) - IT - |
01911870366 |
Managing
Director |
Active |
Registered |
|
Gruppo
Concorde S.p.a. |
Fiorano
Modenese (MO) - IT - |
01911870366 |
Director |
Active |
Registered |
|
Immobiliare
Mezzavia S.r.l. |
Sassuolo
(MO) - IT - |
02597070362 |
Director |
Withdrawn |
Registered |
|
Mu-fin
Societa' A Responsabilita' Limitata |
Sassuolo
(MO) - IT - |
03021110360 |
Sole
Director |
Active |
Registered |
|
Immobiliare
Sant'antonino Societa' A Responsabilita' Limitata |
Casalgrande
(RE) - IT - |
02271040350 |
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 |
|
Gruppo
Concorde S.p.a. |
Fiorano
Modenese - IT - |
01911870366 |
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 |
|
Gas
Intensive Soc. Consortile A Responsa bilita' Limitata |
Milano
- IT - |
03305420964 |
1.000
.Eur |
0,36 |
Active |
||
|
Ceramica
Interrompibilita' Societa' Cons ortile A Responsabilita' Limitata Abbrev |
Sassuolo
- IT - |
03283610362 |
1.000
.Eur |
3,03 |
Active |
In
order to carry out its activities the firm uses the following locations:
|
- |
Legal
and operative seat |
|
Canaletto |
,
141 |
-
41042 |
-
Fiorano Modenese |
(MO) |
-
IT - |
|
PHONE |
:
0536867811 |
|
FAX |
:
0536867946 |
|
Legal
mail |
:
ATLASCONCORDE@PEC.CONFINDUSTRIAMODENA.COM |
|
- |
Branch |
(Factory) |
since
31/10/1990 |
|
Panaria
Bassa |
-
41034 |
-
Finale Emilia |
(MO) |
-
IT - |
|
PHONE |
:
0535761511 |
|
- |
Branch |
(office) |
since
20/12/1993 |
|
Statale |
,
21 |
-
42013 |
-
Casalgrande |
(RE) |
-
IT - |
|
Trading
Style: KEOPE |
|
PHONE |
:
0536867811 |
|
PHONE |
:
0522997511 |
|
- |
Branch |
(Factory) |
since
20/12/1993 |
|
Canale |
,
67 |
-
42013 |
-
Casalgrande |
(RE) |
-
IT - |
|
PHONE |
:
0536867811 |
|
PHONE |
:
0522998711 |
|
- |
Branch |
(office) |
since
01/02/1996 |
|
Statale
467 |
,
34 |
-
42013 |
-
Casalgrande |
(RE) |
-
IT - |
|
Trading
Style: SUPERGRES |
|
PHONE |
:
0522997111 |
|
- |
Branch |
(Warehouse) |
since
01/08/2013 |
|
Dell'industria |
,
1 |
-
42013 |
-
Casalgrande |
(RE) |
-
IT - |
|
Employees |
:
653 |
|
Assistants |
:
4 |
|
Fittings
and Equipment for a value of 30.350.000 |
Eur |
|
Stocks
for a value of 54.850.000 |
Eur |
|
Furniture
and fittings for a value of 150.000 |
Eur |
|
Vehicles
for a value of 810.000 |
Eur |
COMPANY
STYLE MODIFICATIONS:
|
Former
Style |
New
Style |
Changement
Date |
|
Nuova
Atlas S.p.a. |
Atlas
Ceramiche S.p.a. |
30/11/1980 |
|
Atlas
Ceramiche S.p.a. |
Ceramiche
Atlas Concorde S.p.a. |
31/10/1990 |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The
firm absorbed by merging of |
|
CERAMICHE CONCORDE
S.P.A. |
|
|
,
41042 |
,
Fiorano Modenese |
(MO) |
-
IT - |
|
|
Date
|
:
|
27/06/1990 |
|
|
The
firm absorbed by merging of |
|
Ceramiche Itile
S.p.a. |
|
|
Adda |
,
71 |
,
41049 |
,
Sassuolo |
(MO) |
-
IT - |
|
|
Fiscal
Code: 00694550351 |
|
|
Date
|
:
|
20/12/1993 |
|
|
The
firm absorved |
|
CERAMICHE CONCORDE
S.P.A. |
|
|
,
41042 |
,
Fiorano Modenese |
(MO) |
-
IT - |
|
|
Date
|
:
|
31/10/1990 |
|
|
The
firm absorved |
|
CERAMICHE CONCORDE
S.P.A. |
|
|
,
41042 |
,
Fiorano Modenese |
(MO) |
-
IT - |
|
|
Date
|
:
|
20/12/1993 |
|
|
The
firm absorved |
|
Ceramiche Itile
S.p.a. |
|
|
Adda |
,
71 |
,
41049 |
,
Sassuolo |
(MO) |
-
IT - |
|
|
Fiscal
Code: 00694550351 |
|
|
Date
|
:
|
20/12/1993 |
|
|
The
firm absorbed by merging of |
|
CERAMICHE CONCORDE
S.P.A. |
|
|
,
41042 |
,
Fiorano Modenese |
(MO) |
-
IT - |
|
|
Date
|
:
|
31/10/1990 |
|
|
Splitting-up
project and setting-up of new co |
|
|
Date
|
Merging/Splitting-up
Project-New Company: |
22/05/2000 |
|
|
Splitting-up
and setting-up of a new company |
|
COROFIN S.R.L. |
|
|
,
Fiorano Modenese (mo) |
-
IT - |
|
|
Date
|
Splitting-up:
|
06/12/2000 |
|
|
Project
of splitting-up and tranfer into |
|
Immobiliare
Leonardo S.p.a. |
|
|
Canaletto |
,
141 |
,
41042 |
,
Fiorano Modenese |
(MO) |
-
IT - |
|
|
Fiscal
Code: 02043310362 |
|
|
Date
|
Merging/splitting-up
project: |
25/10/2002 |
|
|
Splitting-up
and transfer of assets to |
|
Immobiliare
Leonardo S.p.a. |
|
|
Canaletto |
,
141 |
,
41042 |
,
Fiorano Modenese |
(MO) |
-
IT - |
|
|
Fiscal
Code: 02043310362 |
|
|
Date
|
Splitting-up:
|
15/04/2003 |
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 1980
The
economic-financial analysis has been made on the base of the b/s of the latests
three years.
During
the last years, it achieved profits (r.o.e. 12,57% on 2014) with a remarkable
upward trend (+10,83% on 2014 compared to 2013 and +10,59% on 2013 compared to
2012).
The
operating result in 2014 was positive (12,51%) falling within the field's
average.
The
operating result is positive and amounts to Eur. 41.777.601 rising (+40,04%) in
relation to the previous year.
A
gross operating margine for a value of Eur. 54.506.325 was reached. with a
37,13% increase as opposed to the preceding year.
Very
good financial situation: shareholder's equity covers short-terms debts with an
indebtedness level equal to 0,26 lower than in 2013.
The
management generated equity capital for an amount of Eur. 244.352.992 ,
unchanged as opposed to the preceding year.
Total
debts (both short and M/L term) equals Eur. 106.022.109, with no important
change.
The
recourse to financial credit is within the limits; on the other hand the
recourse to suppliers' credit is rated as fairly high besides being higher than
sector's average.
Liquidity
is however good.
Credits
are collected in 79,61 days on the average. , a value lower than the sector's
average.
The
financial management generated a cash flow of Eur. 43.325.167.
Labour
cost amounts to Eur. 44.917.485, with a 18,29% incidence on production costs. ,
whereas 16,66% is the incidence on sales revenues.
The
financial management is positive as incomes are higher than the charges.
|
|
Complete
balance-sheet for the year |
al
31/12/2014 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
269.618.579 |
|
Profit
(Loss) for the period |
30.720.269 |
|
|
Complete
balance-sheet for the year |
al
31/12/2013 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
243.261.805 |
|
Profit
(Loss) for the period |
18.850.318 |
|
|
Complete
balance-sheet for the year |
al
31/12/2012 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
219.965.494 |
|
Profit
(Loss) for the period |
20.473.418 |
|
|
Complete
balance-sheet for the year |
al
31/12/2011 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
207.401.427 |
|
Profit
(Loss) for the period |
18.311.906 |
|
|
Complete
balance-sheet for the year |
al
31/12/2010 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
199.105.420 |
|
Profit
(Loss) for the period |
20.747.947 |
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 |
0,45 |
0,50 |
0,48 |
0,34 |
|
Elasticity
Ratio |
Units |
0,55 |
0,50 |
0,52 |
0,63 |
|
Availability
of stock |
Units |
0,16 |
0,16 |
0,18 |
0,24 |
|
Total
Liquidity Ratio |
Units |
0,38 |
0,33 |
0,34 |
0,38 |
|
Quick
Ratio |
Units |
0,12 |
0,09 |
0,08 |
0,00 |
|
COMPOSITION
ON SOURCE |
|||||
|
Net
Short-term indebtedness |
Units |
0,26 |
0,34 |
0,45 |
2,27 |
|
Self
Financing Ratio |
Units |
0,73 |
0,70 |
0,67 |
0,24 |
|
Capital
protection Ratio |
Units |
0,72 |
0,79 |
0,76 |
0,77 |
|
Liabilities
consolidation quotient |
Units |
0,06 |
0,06 |
0,06 |
0,29 |
|
Financing |
Units |
0,43 |
0,47 |
0,54 |
2,68 |
|
Permanent
Indebtedness Ratio |
Units |
0,75 |
0,72 |
0,69 |
0,38 |
|
M/L
term Debts Ratio |
Units |
0,02 |
0,02 |
0,02 |
0,14 |
|
Net
Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,06 |
0,67 |
|
CORRELATION |
|||||
|
Fixed
assets ratio |
Units |
1,66 |
1,43 |
1,43 |
1,12 |
|
Current
ratio |
Units |
1,72 |
1,51 |
1,42 |
1,16 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
1,21 |
1,01 |
0,94 |
0,68 |
|
Structure's
primary quotient |
Units |
1,62 |
1,39 |
1,38 |
0,72 |
|
Treasury's
primary quotient |
Units |
0,39 |
0,27 |
0,21 |
0,02 |
|
Rate
of indebtedness ( Leverage ) |
% |
136,65 |
143,75 |
149,70 |
405,46 |
|
Current
Capital ( net ) |
Value |
76.674.245 |
51.157.140 |
45.351.748 |
536.860 |
|
RETURN |
|||||
|
Return
on Sales |
% |
16,07 |
11,55 |
13,32 |
2,60 |
|
Return
on Equity - Net- ( R.O.E. ) |
% |
12,57 |
8,91 |
10,36 |
1,42 |
|
Return
on Equity - Gross - ( R.O.E. ) |
% |
18,50 |
13,89 |
14,77 |
9,30 |
|
Return
on Investment ( R.O.I. ) |
% |
12,51 |
9,81 |
7,95 |
2,91 |
|
Return/
Sales |
% |
15,50 |
12,26 |
10,69 |
2,96 |
|
Extra
Management revenues/charges incid. |
% |
73,53 |
63,19 |
87,05 |
24,39 |
|
Cash
Flow |
Value |
43.325.167 |
28.089.050 |
29.308.571 |
81.991 |
|
Operating
Profit |
Value |
41.777.601 |
29.831.059 |
23.519.149 |
70.595 |
|
Gross
Operating Margin |
Value |
54.506.325 |
39.747.298 |
32.429.470 |
166.351 |
|
MANAGEMENT |
|||||
|
Credits
to clients average term |
Days |
79,61 |
84,39 |
87,90 |
109,67 |
|
Debts
to suppliers average term |
Days |
163,31 |
148,56 |
159,92 |
127,40 |
|
Average
stock waiting period |
Days |
73,24 |
74,01 |
85,33 |
89,32 |
|
Rate
of capital employed return ( Turnover ) |
Units |
0,81 |
0,80 |
0,74 |
0,91 |
|
Rate
of stock return |
Units |
4,92 |
4,86 |
4,22 |
4,06 |
|
Labour
cost incidence |
% |
16,66 |
17,49 |
17,95 |
21,93 |
|
Net
financial revenues/ charges incidence |
% |
1,15 |
-0,25 |
1,55 |
-1,89 |
|
Labour
cost on purchasing expenses |
% |
18,29 |
18,64 |
18,88 |
20,65 |
|
Short-term
financing charges |
% |
n.c. |
0,98 |
0,77 |
3,20 |
|
Capital
on hand |
% |
123,84 |
124,99 |
134,54 |
109,27 |
|
Sales
pro employee |
Value |
192.172 |
183.041 |
178.398 |
154.615 |
|
Labour
cost pro employee |
Value |
32.015 |
32.004 |
32.024 |
33.545 |
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 |
:
|
659.925 |
|
Population
living in the region |
:
|
4.151.369 |
|
Number
of families in the region |
:
|
1.748.359 |
Monthly
family expences average in the region (in Eur..) :
|
-
per food products |
:
|
425 |
|
-
per non food products |
:
|
2.063 |
|
-
per energy consume |
:
|
143 |
The
values are calculated on a base of 164 significant companies.
The
companies cash their credits on an average of 110 dd.
The
average duration of suppliers debts is about 127 dd.
The
sector's profitability is on an average of 2,60%.
The
labour cost affects the turnover in the measure of 21,93%.
Goods
are held in stock in a range of 89 dd.
The
difference between the sales volume and the resources used to realize it is
about 0,91.
The
employees costs represent the 20,65% of the production costs.
Statistcally
the trade activity shows periods of crisis.
The
area is statistically considered lowly risky.
In
the region 18.860 protested subjects are found; in the province they count to
3.557.
The
insolvency index for the region is 0,46, , while for the province it is 0,55.
Total
Bankrupt companies in the province : 2.526.
Total
Bankrupt companies in the region : 14.698.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.29 |
|
|
1 |
Rs.101.89 |
|
Euro |
1 |
Rs.73.98 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.