|
Report No. : |
340928 |
|
Report Date : |
12.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
FAVINI S.R.L. |
|
|
|
|
Registered Office : |
Via Alcide De Gasperi, 26 36028 - Rossano Veneto (VI) -IT |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
28.03.2008 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
·
Manufacture
of pulp, paper and cardboard ·
Manufacture
of paper and cardboard |
|
|
|
|
No. of Employees : |
450 |
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 : |
Slow but correct |
|
|
|
|
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 |
|
Favini S.r.l. |
|
Via Alcide De
Gasperi, 26 |
|
36028 - Rossano
Veneto (VI) -IT- |
|
Fiscal Code |
: |
03464230246 |
|
Legal Form |
: |
Limited
liability company |
|
start of
Activities |
: |
01/05/2008 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
100.000.000/150.000.000 |
|
Number of
Employees |
: |
from 251 to 500 |
Manufacture of
pulp, paper and cardboard
Manufacture of
paper and cardboard
Legal Form :
Limited liability company
|
Fiscal Code :
03464230246 |
|
Chamber of
Commerce no. : 196509 of Verbania |
|
Chamber of
Commerce no. : 327422 of Vicenza since 01/04/2008 |
|
Establishment
date |
: 28/03/2008 |
|
|
Start of
Activities |
: 01/05/2008 |
|
|
Legal duration |
: 31/12/2030 |
|
|
Nominal Capital |
: 30.262.500 |
|
|
Subscribed
Capital |
: 262.500 |
|
|
Paid up Capital |
: 262.500 |
|
Legal mail : |
FAVINI@CERT.ASSIND.VI.IT |
|
Ceccato |
Enrico |
|
Born in Padova |
(PD) |
on 28/06/1961 |
- Fiscal Code :
CCCNRC61H28G224H |
|
Residence: |
Alcide De
Gasperi |
, 26 |
- 36028 |
Rossano Veneto |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/08/2015 |
|
Ionescu |
Viorica Cristina |
|
Born in Bucarest |
( ) |
on 19/10/1953 |
- Fiscal Code :
NSCVCC53R59Z129N |
|
Residence: |
Donne Della
Resistenza |
, 52 |
- 28831 |
Baveno |
(VB) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/05/2008 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Scarlatti |
Paolo |
|
Born in Genova |
(GE) |
on 01/03/1962 |
- Fiscal Code :
SCRPLA62C01D969K |
|
Residence: |
Venezia |
, 59 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
03/08/2015 |
||
|
Director |
03/08/2015 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Casazza |
Filippo |
|
Born in
Castelleone |
(CR) |
on 26/05/1968 |
- Fiscal Code :
CSZFPP68E26C153C |
|
Residence: |
R.sanzio |
, 4 |
- 20082 |
Bovisio-masciago |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/05/2008 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Eger |
Eugenio |
|
Born in Bassano
del Grappa |
(VI) |
on 02/01/1968 |
- Fiscal Code :
GREGNE68A02A703U |
|
Residence: |
Alcide De
Gasperi |
, 26 |
- 36028 |
Rossano Veneto |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
28/01/2010 |
||
|
Attorney with
special power |
28/01/2010 |
||
|
Director |
03/08/2015 |
||
|
Managing
Director |
05/08/2015 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Bertolo |
Marco |
|
Born in Bassano
del Grappa |
(VI) |
on 08/12/1972 |
- Fiscal Code :
BRTMRC72T08A703Z |
|
Residence: |
F.lli Rosselli |
, 12 |
- 36055 |
Nove |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
08/05/2008 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Galli |
Ferdinando |
|
Born in Mesero |
(MI) |
on 30/08/1956 |
- Fiscal Code :
GLLFDN56M30F155P |
|
Residence: |
Lombardia |
, 31 |
- 20013 |
Magenta |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with
special power |
29/01/2010 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Tagnin |
Stefano |
|
Born in
Marostica |
(VI) |
on 11/07/1972 |
- Fiscal Code :
TGNSFN72L11E970L |
|
Residence: |
Marsala |
, 10 |
- 36027 |
Rosa' |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
07/05/2008 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Stragliotto |
Flavio |
|
Born in Bassano
del Grappa |
(VI) |
on 25/02/1968 |
- Fiscal Code :
STRFLV68B25A703B |
|
Residence: |
Papa Luciani |
, 27 |
- 36027 |
Rosa' |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with
special power |
28/01/2010 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Montanaro |
Massimo |
|
Born in Magenta |
(MI) |
on 06/08/1972 |
- Fiscal Code :
MNTMSM72M06E801A |
|
Residence: |
Alcide De Gasperi |
, 26 |
- 36028 |
Rossano Veneto |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/08/2015 |
|
Frigati |
Paolo |
|
Born in
Contarina |
(RO) |
on 26/10/1978 |
- Fiscal Code :
FRGPLA78R26C967E |
|
Residence: |
Alcide De
Gasperi |
, 26 |
- 36028 |
Rossano Veneto |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/08/2015 |
|
Cafasso |
Paola |
|
Born in Torino |
(TO) |
on 02/06/1957 |
- Fiscal Code : CFSPLA57H42L219V |
|
Residence: |
Galleana |
, 24 |
- 10050 |
Coazze |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
04/05/2010 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Giorgetta |
Marco |
|
Born in Morbegno |
(SO) |
on 18/05/1981 |
- Fiscal Code :
GRGMRC81E18F712Q |
|
Residence: |
Alcide De
Gasperi |
, 26 |
- 36028 |
Rossano Veneto |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/08/2015 |
|
Credit Agricole
Capital Investissement E |
Finance S.a. |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/08/2015 |
*checkings have
been performed on a national scale.
In this module are
listed the companies in which members hold or have holded positions.
|
Scarlatti |
Paolo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Morris Profumi
S.p.a. |
Parma (PR) - IT
- |
11046740152 |
Director |
Withdrawn |
Registered |
|
Limoni S.p.a. |
Milano (MI) - IT
- |
01980940835 |
Director |
Withdrawn |
Registered |
|
Limoni S.p.a. |
Milano (MI) - IT
- |
01980940835 |
Assistant board
Chairman |
Withdrawn |
Registered |
|
Vuzeta S.p.a. |
Sesto Fiorentino
(FI) - IT - |
02622340046 |
Director |
Withdrawn |
Registered |
|
Jumbo Grandi
Eventi S.p.a. In LiquidazioNe |
Roma (RM) - IT - |
08040280011 |
Director |
Withdrawn |
In liquidation |
|
Jumbo Grandi Eventi
S.p.a. In LiquidazioNe |
Roma (RM) - IT - |
08040280011 |
Board Chairman |
Withdrawn |
In liquidation |
|
Globe Events
Management S.p.a. In BreveGem S.p.a. |
Roma (RM) - IT - |
06397871002 |
Board Chairman |
- |
Bankrupt |
|
Bruno Magli
S.p.a. |
Bologna (BO) -
IT - |
03289300968 |
Director |
Withdrawn |
Registered |
|
Cogetech Gaming
S.r.l. O In Forma Abbreviata Cgt Gaming S.r.l. |
Milano (MI) - IT
- |
09102971000 |
Director |
Active |
Registered |
|
Cogetech Gaming S.r.l.
O In Forma Abbreviata Cgt Gaming S.r.l. |
Milano (MI) - IT
- |
09102971000 |
Assistant board
Chairman |
Active |
Registered |
|
Globe Event
Management S.p.a. |
Roma (RM) - IT - |
10062091003 |
Director |
Withdrawn |
Ceased |
|
Cartotecnica
Favini Srl |
Rossano Veneto
(VI) - IT - |
03465140246 |
Director |
Active |
Registered |
|
Cartotecnica
Favini Srl |
Rossano Veneto
(VI) - IT - |
03465140246 |
Board Chairman |
Active |
Registered |
|
Cgt Sport S.r.l. |
Milano (MI) - IT
- |
05533871215 |
Director |
Withdrawn |
Registered |
|
Edizioni White
Star S.r.l. |
Milano (MI) - IT
- |
02125070033 |
Director |
Withdrawn |
Ceased |
|
F E B S.r.l. |
Roma (RM) - IT - |
07386891001 |
Director |
Withdrawn |
Registered |
|
La Gardenia
Beauty S.p.a. |
Grosseto (GR) - IT
- |
01336120538 |
Managing
Director |
Active |
Registered |
|
La Gardenia
Beauty S.p.a. |
Grosseto (GR) -
IT - |
01336120538 |
Director |
Active |
Registered |
|
La Gardenia
Beauty S.p.a. |
Grosseto (GR) -
IT - |
01336120538 |
Board Chairman |
Withdrawn |
Registered |
|
Jackpot Societa'
Per Azioni |
Roma (RM) - IT - |
10668351009 |
Director |
Withdrawn |
Registered |
|
Veicolo Tre
S.p.a. |
Rossano Veneto
(VI) - IT - |
03508060245 |
Director |
Withdrawn |
Registered |
|
Veicolo Tre
S.p.a. |
Rossano Veneto (VI)
- IT - |
03508060245 |
Board Chairman |
Withdrawn |
Registered |
|
Gruppo Cogemat
S.p.a. - In Liquidazione |
Milano (MI) - IT
- |
05308690964 |
Director |
Withdrawn |
Registered |
|
Azzurro Gaming
S.p.a. |
Milano (MI) - IT
- |
06772260961 |
Director |
Withdrawn |
Registered |
|
Cogetech S.p.a. |
Milano (MI) - IT
- |
04497000960 |
Director |
Active |
Registered |
|
Cogemat Spa |
Milano (MI) - IT
- |
08897510015 |
Director |
Active |
Registered |
|
3g S.r.l. |
Meda (MB) - IT - |
10093090016 |
Sole Director |
Withdrawn |
Registered |
|
Favini Holding
S.r.l. |
Rossano Veneto
(VI) - IT - |
03656900242 |
Director |
Withdrawn |
Ceased |
|
Favini Holding
S.r.l. |
Rossano Veneto
(VI) - IT - |
03656900242 |
Board Chairman |
Withdrawn |
Ceased |
|
New Game S.r.l. |
Milano (MI) - IT
- |
06992970969 |
Sole Director |
Withdrawn |
Registered |
|
Progetto Uno
S.p.a. |
Milano (MI) - IT
- |
08047360964 |
Director |
Active |
Registered |
|
Progetto P
S.r.l. |
Meda (MB) - IT - |
08465840968 |
Sole Director |
Active |
Registered |
|
City Zen S.r.l. |
Milano (MI) - IT
- |
09073300965 |
Director |
Active |
Registered |
|
Orlando Italy
S.r.l. |
Torino (TO) - IT
- |
11359770010 |
Director |
Active |
Registered |
|
Eger |
Eugenio |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Old Favini
S.r.l. - In Liquidazione - -In Concordato Preventivo - |
Rossano Veneto
(VI) - IT - |
80003370261 |
Institor |
Active |
Registered |
|
Cartotecnica
Favini S.r.l. - In LiquidazIone |
Rossano Veneto (VI)
- IT - |
01421980242 |
Institor |
Active |
Registered |
|
Cartotecnica
Favini S.r.l. - In LiquidazIone |
Rossano Veneto
(VI) - IT - |
01421980242 |
Liquidator |
Active |
Registered |
|
Sporting Club
Bassano Del Grappa S.p.a. |
Romano d'Ezzelino
(VI) - IT - |
00261090245 |
Sole Director |
Active |
Registered |
|
Cartotecnica
Favini Srl |
Rossano Veneto
(VI) - IT - |
03465140246 |
Procurator |
Active |
Registered |
The indication
"REGISTERED" as Firm Status could refer to Firms in Liquidation,
Active, Inactive.
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 |
|
Ghedini Vittoria
Nicoletta |
GHDVTR42H57G224X |
2.620 .Eur |
0,99 |
|
|
Favini Andrea |
Padova - IT - |
FVNNDR72S27G224H |
2.620 .Eur |
0,99 |
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 |
||
|
Cartotecnica
Favini Srl |
Rossano Veneto -
IT - |
03465140246 |
200.000 .Eur |
100,00 |
Active |
In order to carry
out its activities the firm uses the following locations:
|
- |
Legal and operative
seat |
|
Alcide De
Gasperi |
, 26 |
- 36028 |
- Rossano Veneto |
(VI) |
- IT - |
|
Legal mail |
:
FAVINI@CERT.ASSIND.VI.IT |
|
- |
Branch |
(Factory) |
since 01/05/2008 |
|
Iv Novembre |
, 276 |
- 28026 |
- Omegna |
(VB) |
- IT - |
|
- |
Branch |
(office) |
since 22/12/2013 |
|
Carnac Palace |
, SN |
- Fareham |
(EE) |
- GB - |
|
Employees |
: 450 |
|
Fittings and
Equipment for a value of 34.030.000 |
Eur |
|
Stocks for a
value of 22.440.000 |
Eur |
CEASINGS/INCORPORATIONS/MERGES:
|
Project of
merging by taking over of |
|
Veicolo Tre
S.p.a. |
|
A. De Gasperi |
, 26 |
, 36028 |
, Rossano Veneto |
(VI) |
- IT - |
|
Fiscal Code:
03508060245 |
|
Date |
Merging/splitting-up
project: |
29/02/2012 |
|
The firm
absorbed by merging of |
|
Veicolo Tre
S.p.a. |
|
A. De Gasperi |
, 26 |
, 36028 |
, Rossano Veneto |
(VI) |
- IT - |
|
Fiscal Code:
03508060245 |
|
Date |
: |
18/05/2012 |
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.
The firm operates
with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
CREDITO
ARTIGIANO |
SEDE DI MILANO |
PIAZZA SAN
FEDELE, 4 |
20100 |
Milano (MI) |
3512 |
1601 |
Company's starting
of activities dates back to 2008.
Balance sheets for
the years 2011, 2012 and 2013 were analyzed.
Under an economic point
of view, profits were registered during the last years with a r.o.e. of 0,4% in
2013 and during the last financial year an increase in sales volume was
registered (+7,76% in 2013).
The return on
Investment in the last financial year was positive (2,39%) and reflects the
field's average.
The operating
result is positive and amounts to Eur. 3.087.035 on stable levels if compared
to the previous year.
The gross
operating margin of the latest financial year is of Eur. 8.056.749 stable if
compared to the financial year 2012.
The analysis shows
a fair financial position as the indebtedness volume is acceptable (1,4) and
decreasing as against 2012.
Subject can manage
an equity capital funds for an amount of Eur. 36.187.434 , with an upward
trend.
During the last
financial year debts totalled Eur. 83.010.108 (Eur. 28.624.137 of which were
m/l term debts) , showing an upward trend if compared to 2012.
Financial debts as
well as debts to suppliers are rather high but lower than the field average.
The available funds
are good.
On average trade
credits are collected in 78,16 days. , a value lower than the sector's average.
2013 financial
year closed with a cash flow of Eur. 5.095.575
Labour cost
amounts to Eur. 23.072.673, with a 19,47% incidence on production costs. ,
whereas the incidence on sales revenues is of 19,59%.
The financial
management is marked by a high incidence of financial charges in relation to
sales revenues (-1,86%).
|
Complete
balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
117.764.647 |
|
Profit (Loss)
for the period |
143.641 |
|
Complete
balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
109.274.606 |
|
Profit (Loss)
for the period |
776.880 |
|
Complete
balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
117.403.943 |
|
Profit (Loss)
for the period |
3.759.759 |
|
Complete
balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
113.490.670 |
|
Profit (Loss)
for the period |
906.042 |
|
Complete
balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
94.695.876 |
|
Profit (Loss)
for the period |
488.198 |
From our constant
monitoring of the relevant Public Administration offices, no more recent
balance sheets result to have been filed.
|
- Balance Sheet
as at 31/12/2013 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as
at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet
as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
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|
Value Type |
as at 31/12/2013 |
as at 31/12/2012 |
as at 31/12/2011 |
Sector Average |
|
|
COMPOSITION ON
INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,57 |
0,45 |
0,42 |
0,43 |
|
Elasticity Ratio |
Units |
0,43 |
0,54 |
0,58 |
0,55 |
|
Availability of
stock |
Units |
0,17 |
0,21 |
0,19 |
0,12 |
|
Total Liquidity
Ratio |
Units |
0,25 |
0,34 |
0,39 |
0,40 |
|
Quick Ratio |
Units |
0,03 |
0,04 |
0,02 |
0,01 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term
indebtedness |
Units |
1,40 |
1,66 |
2,87 |
1,49 |
|
Self Financing
Ratio |
Units |
0,28 |
0,26 |
0,17 |
0,29 |
|
Capital
protection Ratio |
Units |
0,99 |
0,96 |
0,78 |
0,76 |
|
Liabilities
consolidation quotient |
Units |
0,61 |
0,47 |
0,38 |
0,29 |
|
Financing |
Units |
2,29 |
2,47 |
3,79 |
2,09 |
|
Permanent
Indebtedness Ratio |
Units |
0,54 |
0,48 |
0,36 |
0,47 |
|
M/L term Debts
Ratio |
Units |
0,26 |
0,22 |
0,19 |
0,13 |
|
Net Financial
Indebtedness Ratio |
Units |
1,23 |
1,24 |
1,34 |
0,66 |
|
CORRELATION |
|||||
|
Fixed assets
ratio |
Units |
0,94 |
1,07 |
0,87 |
1,13 |
|
Current ratio |
Units |
1,02 |
1,15 |
1,15 |
1,18 |
|
Acid Test
Ratio-Liquidity Ratio |
Units |
0,60 |
0,71 |
0,77 |
0,81 |
|
Structure's
primary quotient |
Units |
0,49 |
0,58 |
0,41 |
0,65 |
|
Treasury's
primary quotient |
Units |
0,07 |
0,08 |
0,03 |
0,02 |
|
Rate of indebtedness
( Leverage ) |
% |
357,41 |
380,49 |
587,12 |
347,40 |
|
Current Capital
( net ) |
Value |
899.369 |
6.970.102 |
8.040.265 |
277.456 |
|
RETURN |
|||||
|
Return on Sales |
% |
4,33 |
5,19 |
6,13 |
3,75 |
|
Return on Equity
- Net- ( R.O.E. ) |
% |
0,40 |
2,98 |
20,77 |
0,03 |
|
Return on Equity
- Gross - ( R.O.E. ) |
% |
2,87 |
6,05 |
29,80 |
0,71 |
|
Return on
Investment ( R.O.I. ) |
% |
2,39 |
2,98 |
6,86 |
2,25 |
|
Return/ Sales |
% |
2,62 |
2,70 |
6,21 |
2,41 |
|
Extra Management
revenues/charges incid. |
% |
4,65 |
26,33 |
51,55 |
15,06 |
|
Cash Flow |
Value |
5.095.575 |
5.669.021 |
7.195.300 |
375.939 |
|
Operating Profit |
Value |
3.087.035 |
2.950.657 |
7.293.141 |
75.030 |
|
Gross Operating
Margin |
Value |
8.056.749 |
7.842.798 |
10.728.682 |
984.767 |
|
MANAGEMENT |
|||||
|
Credits to
clients average term |
Days |
78,16 |
82,27 |
80,88 |
115,37 |
|
Debts to
suppliers average term |
Days |
95,47 |
104,39 |
145,22 |
130,42 |
|
Average stock
waiting period |
Days |
68,61 |
68,06 |
61,63 |
51,55 |
|
Rate of capital
employed return ( Turnover ) |
Units |
0,91 |
1,10 |
1,10 |
0,94 |
|
Rate of stock
return |
Units |
5,25 |
5,29 |
5,84 |
6,98 |
|
Labour cost
incidence |
% |
19,59 |
20,25 |
19,13 |
14,75 |
|
Net financial revenues/
charges incidence |
% |
-1,86 |
-1,91 |
-1,73 |
-2,34 |
|
Labour cost on
purchasing expenses |
% |
19,47 |
20,47 |
19,65 |
14,06 |
|
Short-term
financing charges |
% |
2,65 |
3,26 |
3,00 |
3,03 |
|
Capital on hand |
% |
109,83 |
90,68 |
90,55 |
105,97 |
|
Sales pro
employee |
Value |
265.235 |
158.139 |
264.423 |
268.685 |
|
Labour cost pro
employee |
Value |
51.965 |
32.021 |
50.574 |
34.580 |
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 |
: |
831.356 |
|
Population
living in the region |
: |
4.699.950 |
|
Number of
families in the region |
: |
1.813.210 |
Monthly family
expences average in the region (in Eur..) :
|
- per food
products |
: |
456 |
|
- per non food
products |
: |
2.052 |
|
- per energy
consume |
: |
127 |
The values are
calculated on a base of 210 significant companies.
The companies cash
their credits on an average of 115 dd.
The average
duration of suppliers debts is about 130 dd.
The sector's
profitability is on an average of 3,75%.
The labour cost
affects the turnover in the measure of 14,75%.
Goods are held in stock
in a range of 52 dd.
The difference
between the sales volume and the resources used to realize it is about 0,94.
The employees
costs represent the 14,06% of the production costs.
Statistcally the
trade activity shows periods of crisis.
The area is
statistically considered lowly risky.
In the region
13.782 protested subjects are found; in the province they count to 2.234.
The insolvency
index for the region is 0,30, , while for the province it is 0,27.
Total Bankrupt companies
in the province : 2.546.
Total Bankrupt
companies in the region : 16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.39 |
|
UK Pound |
1 |
Rs.102.59 |
|
Euro |
1 |
Rs.74.90 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
TRU |
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.