|
|
|
MIRA INFORM REPORT
|
Report No. : |
489818 |
|
Report Date : |
10.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
AVINTIA EMPRESAS SL |
|
|
|
|
Registered Office : |
C/ Emisora, 20. - Pozuelo De Alarcon - 28224 - Madrid |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
2016 |
|
|
|
|
Date of Incorporation : |
28.09.2015 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
The subject is engaged in real state promotion |
|
|
|
|
No. of Employees : |
01 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
C |
|
Credit Rating |
Explanation |
Rating Comments |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow |
|
|
|
|
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
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
Spain |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
SPAIN - ECONOMIC OVERVIEW
After experiencing a prolonged recession in the wake of the global
financial crisis that began in 2008, in 2017 Spain marked the fourth full year
of positive economic growth in ten years, largely due to increased private
consumption. At the onset of the financial crisis, Spain's GDP contracted by
3.7% in 2009, ending a 16-year growth trend, and continued contracting through
most of 2013. In that year, the government successfully shored up struggling
banks - exposed to the collapse of Spain's depressed real estate and
construction sectors - and in January 2014 completed an EU-funded restructuring
and recapitalization program for its financial sector.
Until 2014, credit contraction in the private sector, fiscal austerity,
and high unemployment weighed on domestic consumption and investment. The
unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013,
but labor reforms prompted a modest reduction to 17% in 2017. High unemployment
has strained Spain's public finances, as spending on social benefits increased
while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2010,
but Spain gradually reduced the deficit to about 3.3% of GDP in 2017. Public
debt has increased substantially – from 60.1% of GDP in 2010 to nearly 96.7% in
2017.
Exports were resilient throughout the economic downturn and helped to
bring Spain's current account into surplus in 2013 for the first time since
1986, where it remained through 2016. Rising labor productivity and an internal
devaluation resulting from moderating labor costs and lower inflation have
helped to improve foreign investor interest in the economy and positive FDI
flows have been restored.
Political gridlock after the national elections in December 2015 and
June 2016 and ensuing government formation process constrained the caretaker
government’s ability to implement needed labor, pension, health care, tax, and
education reforms— in 2016. The European Commission criticized Spain’s 2016
budget for easing austerity measures and for its alleged overly optimistic
growth and deficit projections. Spain’s borrowing costs are dramatically lower
since their peak in mid-2012, and with the recent uptick in economic activity,
inflation has reappeared, at 2% per year.
|
Source
: CIA |
Note
Due to negative networth, we do not recommend any credit limit to the company.
EXECUTIVE
SUMMARY
|
|
Name: |
AVINTIA EMPRESAS SL |
|
NIF / Fiscal code: |
B87381174 |
|
Status: |
ACTIVE |
|
Incorporation Date: |
28/09/2015 |
|
Register Data |
Register Section 8 Sheet 610339 |
|
Last Publication
in BORME: |
07/12/2016 [Appointments] |
|
Last Published Account Deposit: |
2016 |
|
Share Capital: |
3.000 |
|
|
|
|
Localization: |
C/ EMISORA, 20. - POZUELO DE ALARCON - 28224 - MADRID |
|
Telephone - Fax - Email - Website: |
Telephone. 914 573 457 |
|
|
|
|
Activity: |
|
|
NACE: |
4110 - Development of building projects |
|
Registered Trademarks: |
|
|
Audited / Opinion: |
No |
|
Tenders and Awards: |
|
|
Subsidies: |
0 for a total cost of 0 |
|
Quality Certificate: |
No |
|
|
|
|
Payment Behaviour: |
According to the agreed terms |
|
Prospects: |
Consolidation |
|
Industry situation: |
Maturity |
|
|
|
|
Defaults, Legal
Claims and Insolvency Proceedings : |
|
|
|
|
Number |
Amount (€) |
Most Recent
Entry |
|
Insolvency Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
|
Defaults on debt with Financial Institutions and Large Companies |
|
None |
--- |
--- |
|
Judicial Claims (Notices, Executive Proceedings, Attachments,
Auctions, Bad Debt) |
|
None |
0 |
--- |
|
Proceedings heard by the Civil Court |
|
Unpublished |
0 |
--- |
|
Proceedings heard by the Labour Court |
|
Unpublished |
0 |
--- |
|
Partners: |
|
GRUPO AVINTIA SL |
100 % |
|
|
Shares: |
0 |
|
|
Other Links: |
6 |
|
|
No. of Active Corporate Bodies: |
SINGLE ADMINISTRATOR 1 |
|
|
Ratios |
2016 |
2015 |
Change |
|
|
Nş of employees: |
1 |
|
|
|
|
Guarantees: |
|
|
Properties Registered: |
Company NO, Administrator NO |
|
Financing / Guarantee Sources : |
Sources NO, Guarantees NO |
|
|
|
|
INVESTIGATION
SUMMARY |
|
|
The subject was incorporated on 28/09/2015, it is engaged in the real
state promotion. It belongs to the so called "GRUPO AVINTIA" Its
commercial scope is national. There are no bad comments in the consulted
sources and since it was not possible to verify its financial evolution, we
recommend a close follow up of company's evolution. |
|
|
Interviewed Person: |
|
Identification
|
|
|
Social
Denomination: |
AVINTIA EMPRESAS SL |
|
NIF / Fiscal
code: |
B87381174 |
|
Corporate
Status: |
ACTIVE |
|
Start of
activity: |
2015 |
|
Registered
Office: |
C/ EMISORA, 20. |
|
Locality: |
POZUELO DE ALARCON |
|
Province: |
MADRID |
|
Postal Code: |
28224 |
|
Telephone: |
914 573 457 |
|
Interviewed
Person: |
Information obtained through indirect sources, as people responsible
for the company refused to provide information. |
Activity
|
|
|
NACE: |
4110 |
|
Corporate
Purpose: |
THE SUBJECT IS ENGAGED IN REAL STATE PROMOTION |
|
Additional
Information: |
REAL STATE ACTIVITIES |
|
Additional
Address: |
Registered office located at the heading address. |
|
Franchise: |
No |
|
Import / export: |
DOES NOT IMPORT / DOES NOT EXPORT |
|
Future
Perspective: |
Consolidation |
|
Industry
situation: |
Maturity |
Number
of Employees
|
|
Year |
No. of employees |
Established |
Incidentals |
|
|
2016 |
1 |
|
|
|
The data of employees is from the latest available financial statements in
axesor. Failing that, are estimates data calculated by statistical methods
Chronological
Summary
|
|||
|
|
Year |
Act |
|
|
|
2015 |
Appointments/ Re-elections (2) Company Formation (1) |
|
|
|
2016 |
Accounts deposit (year 2015) Appointments/ Re-elections (4)
Cessations/ Resignations/ Reversals (1) Change of Social address (1) |
|
|
|
2017 |
Accounts deposit (year 2016) |
|
Breakdown
of Owners' Equity
|
|
|
Registered
Capital: |
3.000 |
|
Paid up capital: |
3.000 |
Updated
Evolution of the Subscribed and Paid-in Capital
|
|||||
|
|
|
|
|
|
|
|
Publishing Date |
Registration Type |
Capital Subscribed |
Paid up capital |
Underwritten result |
Disbursed Result |
|
02/10/2015 |
Company Formation |
3.000 |
3.000 |
3.000 |
3.000 |
Active
Social Bodies
|
|
Post published |
Social Body's
Name |
Appointment Date |
Other Positions
in this Company |
|
SINGLE ADMINISTRATOR |
GRUPO AVINTIA SL |
02/10/2015 |
1 |
|
COMBINED PROXY |
ORTIZ BLANCO JOSE |
08/07/2016 |
3 |
|
JOINT ATTORNEY |
PEREZ RAMOS JOSE |
31/05/2016 |
2 |
|
JOINT ATTORNEY/COMBINED PROXY |
SANTOS SANCHEZ CRISTINA |
31/05/2016 |
2 |
|
PROXY |
AMIGO GOMEZ LUIS JOSE |
29/11/2016 |
2 |
|
REPRESENTATIVE |
MARTIN JIMENEZ ANTONIO |
02/10/2015 |
1 |
Historical
Social Bodies
|
|
Social Body's
Name |
Post published |
End Date |
Other Positions
in this Company |
|
AMIGO GOMEZ LUIS JOSE |
JOINT ATTORNEY/COMBINED PROXY |
29/11/2016 |
2 |
|
GARCIA ACEVEDO ALONSO JESUS |
JOINT ATTORNEY |
02/06/2016 |
1 |
|
ORTIZ BLANCO JOSE |
JOINT ATTORNEY/COMBINED PROXY |
31/05/2016 |
3 |
|
|
JOINT ATTORNEY/COMBINED PROXY |
08/07/2016 |
|
|
PEREZ RAMOS JOSE |
JOINT ATTORNEY/COMBINED PROXY |
31/05/2016 |
2 |
|
SANTOS SANCHEZ CRISTINA |
JOINT ATTORNEY |
31/05/2016 |
2 |
Defaults,
Legal Claims and Insolvency Proceedings
|
Section enabling assessment of the degree of compliance of the company queried
with its payment obligations. It provides information on the existence and
nature of all stages of Insolvency and Legal Proceedings published with
reference to the Company in the country's various Official Bulletins and
national newspapers, as well Defaults Registered in the main national credit
bureaus (ASNEF Industrial and RAI ).
> Summary
Chronological summary
|
|
|
Number of
Publications |
Amount (€) |
Start date |
End date |
|
Insolvency Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
--- |
|
Request/Declaration |
|
0 |
--- |
date |
|
|
Proceedings |
|
--- |
--- |
|
--- |
|
Resolution |
|
--- |
--- |
|
--- |
|
Defaults on debt with Financial Institutions and Large Companies |
Bank and Commercial Delinquency |
None |
0 |
|
|
|
Status: Friendly |
|
--- |
|
|
|
|
Status: Pre-Litigation |
|
--- |
|
|
|
|
Status: Litigation |
|
--- |
|
|
|
|
Status: Non-performing |
|
--- |
|
|
|
|
Status: insolvency proceedings, bankruptcy and suspension of payments |
|
--- |
|
|
|
|
Other status |
|
--- |
|
|
|
|
Legal and Administrative Proceedings |
|
Unpublished |
--- |
|
|
|
Notices of defaults and enforcement |
|
--- |
--- |
|
--- |
|
Seizures |
|
--- |
--- |
|
--- |
|
Auctions |
|
--- |
--- |
|
--- |
|
Declarations of insolvency and bad debt |
|
--- |
--- |
|
--- |
|
Proceedings heard by the Civil Court |
|
Unpublished |
--- |
|
|
|
Proceedings heard by the Labour Court |
|
Unpublished |
--- |
|
|
> Details
Probability of default
|
> Estimated Probability of Default for the next 12 months:
62.857 %
|
Sector in which comparison is carried out: 411 Development of building projects |
|
|
Relative Position:
|
The company's comparative analysis with the rest of the companies that
comprise the sector, shows the company holds a worse position with regard to
the probability of non-compliance.
The 2.00% of the companies of the sector AVINTIA EMPRESAS SL belongs to
shows a lower probability of non-compliance.
The probability of the company's non-compliance with its payment
obligations within deadlines estimated by our qualifications models is 62,857%.
In the event they fail to comply with the payment, the seriousness of
the loss will depend on factors such as the promptness of the commencement of
the charging management, the existence of executive documents which match the
credit or the existence of guarantees and free debt assets under the name of
the debtor. Therefore, the probability of non-compliance should not be solely
interpreted as the total loss of the owed amount.
Recommended commercial credit
|
Favourable until 0 € (Guideline
value of outstanding commercial balance that
recommends be awarded to or maintained with the company queried)
LEGAL CLAIMS
|
|
Summary of Judicial Claims |
|
|
|
|
|
|
|
Not published |
|
|
|
Not published |
|
|
|
|
|
|
|
Not published |
|
|
|
Not published |
|
|
|
Not published |
|
|
|
Not published |
|
|
|
|
|
|
|
Not published |
|
|
|
Not published |
|
|
|
|
|
|
|
Not published |
Link
List
|
|
HAS IN ITS ADMINISTRATION BOARD TO: |
1 Entities |
|
IS RELATED WITH: |
5 Entities |
|
SHAREHOLDERS: |
1 Entities |
> Shareholders
|
Relationship |
Entity |
Province |
Shareholding stake |
|
SHAREHOLDERS |
GRUPO AVINTIA SL |
MADRID |
100 |
> Other relationships
|
Relationship |
Entity |
Province |
Shareholding stake |
|
IS RELATED WITH |
GRUPO AVINTIA SL |
MADRID |
|
|
IS RELATED WITH |
AVINTIA PROYECTOS Y CONSTRUCCIONES SL |
MADRID |
|
|
|
BRICK O'CLOCK SL |
MADRID |
|
|
|
GRUPO AVINTIA SL |
MADRID |
|
|
|
AVINTIA DESARROLLOS INMOBILIARIOS SL |
MADRID |
|
|
HAS IN ITS ADMINISTRATION BOARD TO |
GRUPO AVINTIA SL |
MADRID |
|
Turnover
|
|
|
Total Sales 2016 |
300.000 |
The sales data is from the latest available financial statements in
axesor. Failing that, are estimates data calculated by statistical methods.
Estimated
Balance
|
|
The company was incorporated on 09-28-2015 and the latest figures that
appear in the commercial register correspond to the end of the 2016 financial
year, so this time we can not include in this section the figures that are
otherwise common in this type of work. |
Financial
Accounts and Balance Sheets
|
Financial Years
Presented
|
Ejercicio |
Tipo de Cuentas Anuales |
Fecha Presentacion |
|
2016 |
Normales |
December 2017 |
|
2015 |
Normales |
October 2016 |
The data in the report regarding the last Company Accounts submitted by the
company is taken from the TRADE REGISTER serving the region in which the
company's address is located 31/12/2016
> Balance en formato Abreviado de acuerdo al Nuevo Plan General
Contable 2007
Information corresponding to the fiscal year 2016 2015 is
taken from information submitted to the TRADE REGISTER. Data corresponding to
fiscal years before 2016 2015 has been compiled based on the
equivalence criteria stipulated in Act JUS/206/2009. Where the provisions of
the Act did not establish relevant equivalence criteria, such criteria using
its own methodology. To view details on the methodology.
|
|
ORIGINAL |
ORIGINAL |
|
|
Assets |
2016 |
2015 |
|
|
A) NON-CURRENT ASSETS: 11000 |
7.103,00 |
0,00 |
|
|
I. Intangible fixed assets : 11100 |
3.792,00 |
0,00 |
|
|
II. Tangible fixed assets : 11200 |
3.311,00 |
0,00 |
|
|
III. Real estate investment: 11300 |
0,00 |
0,00 |
|
|
IV. Long-term investments in Group companies and associates
: 11400 |
0,00 |
0,00 |
|
|
V. Long-term financial investments: 11500 |
0,00 |
0,00 |
|
|
VI. Assets for deferred tax : 11600 |
0,00 |
0,00 |
|
|
VII. Non-current trade debtors : 11700 |
0,00 |
0,00 |
|
|
B) CURRENT ASSETS: 12000 |
79.473,00 |
22.754,00 |
|
|
I. Non-current assets held for sale : 12100 |
0,00 |
0,00 |
|
|
II. Stocks: 12200 |
432,00 |
0,00 |
|
|
III. Trade debtors and others receivable
accounts: 12300 |
23.873,00 |
20.190,00 |
|
|
1.- Customers for sales and
provisions of services : 12380 |
0,00 |
0,00 |
|
|
a)
Long-term receivables from sales and services supplied : 12381 |
0,00 |
0,00 |
|
|
b) Customers
for sales and provisions of services : 12382 |
0,00 |
0,00 |
|
|
2.- Called up share capital
: 12370 |
0,00 |
0,00 |
|
|
3.- Other accounts
receivable : 12390 |
23.873,00 |
20.190,00 |
|
|
IV. Short-term investments in Group companies and
associates: 12400 |
0,00 |
0,00 |
|
|
V. Short-term financial investments : 12500 |
0,00 |
0,00 |
|
|
VI. Short-term accruals: 12600 |
0,00 |
0,00 |
|
|
VII. Cash and other equivalent liquid assets :
12700 |
55.168,00 |
2.564,00 |
|
|
TOTAL ASSETS (A + B) : 10000 |
86.576,00 |
22.754,00 |
|
|
|
ORIGINAL |
ORIGINAL |
|
|
Liabilities and
Net Worth |
2016 |
2015 |
|
|
A) NET WORTH: 20000 |
-115.025,00 |
-93.170,00 |
|
|
A1) Shareholders' equity : 21000 |
-115.025,00 |
-93.170,00 |
|
|
I. Capital: 21100 |
3.000,00 |
3.000,00 |
|
|
1.-
Registered capital: 21110 |
3.000,00 |
3.000,00 |
|
|
2.-
(Uncalled capital) : 21120 |
0,00 |
0,00 |
|
|
II. Share premium:
21200 |
0,00 |
0,00 |
|
|
III. Reserves: 21300 |
0,00 |
0,00 |
|
|
1.
Capitalisation Reserves: 21350 |
0,00 |
0,00 |
|
|
2.
Otras Reservas: 21360 |
0,00 |
0,00 |
|
|
IV. (Common stock equity):
21400 |
0,00 |
0,00 |
|
|
V. Profit or loss brought
forward: 21500 |
-96.170,00 |
0,00 |
|
|
VI. Other
shareholders' contributions: 21600 |
0,00 |
0,00 |
|
|
VII. Result of the period:
21700 |
-21.855,00 |
-96.170,00 |
|
|
VIII. (Interim dividend):
21800 |
0,00 |
0,00 |
|
|
IX. Other net worth instruments:
21900 |
0,00 |
0,00 |
|
|
A-2) Adjustments due to changes in value:
22000 |
0,00 |
0,00 |
|
|
A-3) Received subsidies, donations and legacies:
23000 |
0,00 |
0,00 |
|
|
B) NON-CURRENT LIABILITIES: 31000 |
28.838,00 |
0,00 |
|
|
I. Long-term provisions: 31100 |
0,00 |
0,00 |
|
|
II. Long-term creditors : 31200 |
0,00 |
0,00 |
|
|
1.- Amounts owed to credit
institutions: 31220 |
0,00 |
0,00 |
|
|
2.- Creditors from financial
leasing : 31230 |
0,00 |
0,00 |
|
|
3.- Other long-term
creditors : 31290 |
0,00 |
0,00 |
|
|
III. Long-term debts with Group companies and
associates: 31300 |
28.838,00 |
0,00 |
|
|
IV. Liabilities for deferred tax: 31400 |
0,00 |
0,00 |
|
|
V. Long-term accruals: 31500 |
0,00 |
0,00 |
|
|
VI. Non-current trade creditors : 31600 |
0,00 |
0,00 |
|
|
VII. Special long-term debts : 31700 |
0,00 |
0,00 |
|
|
C) CURRENT LIABILITIES : 32000 |
172.763,00 |
115.925,00 |
|
|
I. Liabilities linked to non-current assets held
for sale : 32100 |
0,00 |
0,00 |
|
|
II. Short-term provisions: 32200 |
0,00 |
0,00 |
|
|
III. Short-term creditors : 32300 |
0,00 |
0,00 |
|
|
1.- Amounts owed to credit
institutions: 32320 |
0,00 |
0,00 |
|
|
2.- Creditors from financial
leasing : 32330 |
0,00 |
0,00 |
|
|
3.- Other short-term creditors
: 32390 |
0,00 |
0,00 |
|
|
IV. Short-term debts with Group companies and
associates: 32400 |
432,00 |
0,00 |
|
|
V. Trade creditors and other accounts payable:
32500 |
172.331,00 |
115.925,00 |
|
|
1.- Suppliers: 32580 |
150.630,00 |
115.867,00 |
|
|
a)
Long-term debts : 32581 |
0,00 |
0,00 |
|
|
b)
Short-term debts : 32582 |
150.630,00 |
115.867,00 |
|
|
2.- Other creditors :
32590 |
21.700,00 |
58,00 |
|
|
VI. Short-term accruals: 32600 |
0,00 |
0,00 |
|
|
VII. Special short-term debts : 32700 |
0,00 |
0,00 |
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) : 30000 |
86.576,00 |
22.754,00 |
|
|
|
ORIGINAL |
ORIGINAL |
|
|
Profit and
Loss |
2016 |
2015 |
|
|
1. Net turnover: 40100 |
300.000,00 |
0,00 |
|
|
2. Changes in stocks of finished goods and work
in progress: 40200 |
0,00 |
0,00 |
|
|
3. Works carried out by the company for its
assets: 40300 |
0,00 |
0,00 |
|
|
4. Supplies : 40400 |
0,00 |
0,00 |
|
|
5. Other operating income: 40500 |
0,00 |
0,00 |
|
|
6. Personnel costs: 40600 |
-51.024,00 |
0,00 |
|
|
7. Other operating costs: 40700 |
-270.717,00 |
-96.170,00 |
|
|
8. Amortisation of fixed assets: 40800 |
-120,00 |
0,00 |
|
|
9. Allocation of subsidies of non-financial fixed
assets and other: 40900 |
0,00 |
0,00 |
|
|
10. Excess provisions : 41000 |
0,00 |
0,00 |
|
|
11. Impairment and result of transfers of fixed
assets: 41100 |
0,00 |
0,00 |
|
|
12. Negative difference in combined businesses:
41200 |
0,00 |
0,00 |
|
|
13. Other results : 41300 |
0,00 |
0,00 |
|
|
A) OPERATING INCOME (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) : 49100 |
-21.861,00 |
-96.170,00 |
|
|
14. Financial income : 41400 |
6,00 |
0,00 |
|
|
a) Allocation of financial
subsidies, donations and legacies: 41430 |
0,00 |
0,00 |
|
|
b) Other financial income:
41490 |
6,00 |
0,00 |
|
|
15. Financial expenditure: 41500 |
0,00 |
0,00 |
|
|
16. Changes in fair value of financial
instruments : 41600 |
0,00 |
0,00 |
|
|
17. Exchange rate differences : 41700 |
0,00 |
0,00 |
|
|
18. Impairment and result for transfers of
financial instruments: 41800 |
0,00 |
0,00 |
|
|
19. Other financial income and expenditure:
42100 |
0,00 |
0,00 |
|
|
a) Incorporation of
financial expenditure to assets: 42110 |
0,00 |
0,00 |
|
|
b) Financial income from
arrangement with creditors: 42120 |
0,00 |
0,00 |
|
|
c) Other income and
expenditure: 42130 |
0,00 |
0,00 |
|
|
B) FINANCIAL REVENUE (14 + 15 + 16 + 17 + 18 + 19) : 49200 |
6,00 |
0,00 |
|
|
C) NET RESULT BEFORE TAXES (A + B) : 49300 |
-21.855,00 |
-96.170,00 |
|
|
20. Income taxes: 41900 |
0,00 |
0,00 |
|
|
D) RESULT OF THE PERIOD (C + 20) : 49500 |
-21.855,00 |
-96.170,00 |
|
CASHFLOW
STATEMENT
|
Model: Normal
> Source of information: Data contained in this section is taken from
the information declared in the Annual Accounts submitted to the Trade
Register.
|
Net Rights
Granted |
2016 |
2015 |
|
|
1. Fiscal year result before taxes.: 61100 |
-21.855,00 |
-96.170,00 |
|
|
2. Results adjustments.: 61200 |
113,00 |
0,00 |
|
|
a) Fixed Assets Amortization (+).: 61201 |
120,00 |
0,00 |
|
|
g) Financial income (-).: 61207 |
-6,00 |
0,00 |
|
|
3. Changes in current capital equity.: 61300 |
52.291,00 |
95.735,00 |
|
|
a) Stock (+/-).: 61301 |
-432,00 |
0,00 |
|
|
d) Debtors and other accounts receivable (+/-). :
61302 |
-3.682,00 |
-20.190,00 |
|
|
d) Creditors and other accounts payable (+/-). :
61304 |
56.406,00 |
115.925,00 |
|
|
4. Cash Flows from Other Operating Activities: 61400 |
6,00 |
0,00 |
|
|
c) Interest collection (+). : 61403 |
6,00 |
0,00 |
|
|
5. Cash Flows from Operating Activities (1 + 2 + 3 + 4) : 61500 |
30.556,00 |
-436,00 |
|
|
6. Payments for investment (-).: 62100 |
-7.103,00 |
0,00 |
|
|
b) Intangible fixed assets. : 62102 |
-3.792,00 |
0,00 |
|
|
c) Fixed assets. : 62103 |
-3.311,00 |
0,00 |
|
|
7. Divestment payment collection (+). : 62200 |
0,00 |
0,00 |
|
|
8. Cash Flow from Investing Activities (6+7) less Amortization:
62300 |
-7.223,00 |
0,00 |
|
|
9. Payment collection and payments for equity instruments. :
63100 |
0,00 |
3.000,00 |
|
|
a) Issuance of equity instruments (+). : 63101 |
0,00 |
3.000,00 |
|
|
10. Payment collection and payments for financial liabilities
instruments.: 63200 |
29.271,00 |
0,00 |
|
|
a) Issuance : 63201 |
29.271,00 |
0,00 |
|
|
3. Debts incurred with companies of the group and
affiliates (+).: 63204 |
29.271,00 |
0,00 |
|
|
11. Payments from dividends and remunerations from other assets
instruments. : 63300 |
0,00 |
0,00 |
|
|
12. Cash Flows from Financing Activities (9+10+11): 63400 |
29.271,00 |
3.000,00 |
|
|
D) EFFECT OF EXCHANGE RATE CHANGES: 64000 |
0,00 |
0,00 |
|
|
E) NET INCREASE/DECREASE OF CASH OR EQUIVALENT ASSETS
(+/-5+/-8+/12+/-D) : 65000 |
52.604,00 |
2.564,00 |
|
|
Cash or equivalent assets as of beginning of the
fiscal year.: 65100 |
2.564,00 |
0,00 |
|
|
Cash or equivalent assets as of end of the fiscal
year.: 65200 |
55.168,00 |
2.564,00 |
|
FINANCIAL
DIAGNOSIS
|
> Economic-Financial Comparative Analysis
Data used in the following ratios and indicators is taken from the
Annual Accounts submitted by the company to the TRADE REGISTER.
> Comparison within the Sector
|
Cash Flow |
2016 |
2015 |
Variación 2016 -
2015 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Cash Flow over Sales: |
0,18 % |
0,11 % |
|
0,02 % |
|
485,43 % |
|
|
Net Financial Debt: |
2,54 |
3,12 |
0,03 |
3,74 |
9.417,10 |
-16,77 |
|
|
Cash Flow Yield: |
0,61 % |
0,03 % |
0,11 % |
0,01 % |
439,20 % |
505,27 % |
|
|
EBITDA over Sales: |
-7,25 % |
11,13 % |
|
11,51 % |
|
-3,29 % |
|
|
Profitability |
2016 |
2015 |
Variación 2016 -
2015 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Operating economic profitability: |
-25,25 % |
4,35 % |
-422,65 % |
4,58 % |
94,03 % |
-4,96 % |
|
|
Total economic profitability: |
-25,24 % |
3,52 % |
-422,65 % |
3,84 % |
94,03 % |
-8,14 % |
|
|
Financial profitability: |
-19,00 % |
3,90 % |
-103,22 % |
4,67 % |
81,59 % |
-16,50 % |
|
|
Margin: |
-7,29 % |
6,75 % |
|
7,44 % |
|
-9,19 % |
|
|
Mark-up: |
-7,28 % |
7,50 % |
|
8,66 % |
|
-13,35 % |
|
|
Solvency |
2016 |
2015 |
Variación 2016 -
2015 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Liquidity: |
0,32 |
0,27 |
0,02 |
0,23 |
1.343,69 |
16,96 |
|
|
Acid Test: |
0,46 |
1,08 |
0,20 |
0,97 |
133,08 |
10,75 |
|
|
Working Capital / Investment: |
-1,08 |
0,13 |
-4,09 |
0,10 |
73,68 |
30,28 |
|
|
Solvency: |
0,46 |
1,68 |
0,20 |
1,48 |
134,36 |
13,48 |
|
|
Indebtedness |
2016 |
2015 |
Variación 2016 -
2015 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Indebtedness level: |
-1,75 |
0,82 |
-1,24 |
0,88 |
-40,86 |
-7,43 |
|
|
Borrowing Composition: |
0,17 |
1,14 |
0,00 |
1,09 |
|
4,73 |
|
|
Repayment Ability: |
-9,27 |
13,53 |
-1,21 |
14,14 |
-669,25 |
-4,30 |
|
|
Warranty: |
0,43 |
2,23 |
0,20 |
2,14 |
118,78 |
4,51 |
|
|
Generated resources / Total creditors: |
-0,11 |
0,08 |
-0,83 |
0,10 |
87,00 |
-17,74 |
|
|
Efficiency |
2016 |
2015 |
Variación 2016 -
2015 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Productivity: |
0,57 |
1,52 |
|
1,57 |
|
-2,84 |
|
|
Turnover of Collection Rights : |
12,57 |
4,24 |
0,00 |
3,80 |
|
11,66 |
|
|
Turnover of Payment Entitlements: |
1,57 |
2,79 |
0,83 |
2,72 |
89,36 |
2,37 |
|
|
Stock rotation: |
744,65 |
2,65 |
|
2,90 |
|
-8,82 |
|
|
Assets turnover: |
3,47 |
0,64 |
0,00 |
0,62 |
|
4,66 |
|
|
Borrowing Cost: |
0,00 |
2,32 |
0,00 |
2,40 |
|
-3,50 |
|
> Trend of indicators under the General Accounting Plan of 2007
(2016, 2015)
|
Cash Flow |
2016 |
2015 |
|
|
Cash Flow over Sales: |
0,18 % |
|
|
|
Net Financial Debt: |
2,54 |
0,03 |
|
|
Cash Flow Yield: |
0,61 % |
0,11 % |
|
|
EBITDA over Sales: |
-7,25 % |
|
|
|
Profitability |
2016 |
2015 |
|
|
Operating economic profitability: |
-25,25 % |
-422,65 % |
|
|
Total economic profitability: |
-25,24 % |
-422,65 % |
|
|
Financial profitability: |
-19,00 % |
-103,22 % |
|
|
Margin: |
-7,29 % |
|
|
|
Mark-up: |
-7,28 % |
|
|
|
Solvency |
2016 |
2015 |
|
|
Liquidity: |
0,32 |
0,02 |
|
|
Acid Test: |
0,46 |
0,20 |
|
|
Working Capital / Investment: |
-1,08 |
-4,09 |
|
|
Solvency: |
0,46 |
0,20 |
|
|
Indebtedness |
2016 |
2015 |
|
|
Indebtedness level: |
-1,75 |
-1,24 |
|
|
Borrowing Composition: |
0,17 |
0,00 |
|
|
Repayment Ability: |
-9,27 |
-1,21 |
|
|
Warranty: |
0,43 |
0,20 |
|
|
Generated resources / Total creditors: |
-0,11 |
-0,83 |
|
|
Efficiency |
2016 |
2015 |
|
|
Productivity: |
0,57 |
|
|
|
Turnover of Collection Rights : |
12,57 |
0,00 |
|
|
Turnover of Payment Entitlements: |
1,57 |
0,83 |
|
|
Stock rotation: |
744,65 |
|
|
|
Assets turnover: |
3,47 |
0,00 |
|
|
Borrowing Cost: |
0,00 |
0,00 |
|
COMPARATIVE SECTORIAL BALANCE
|
Sector-based Comparison
under the rules of the New General Accounting Plan.
|
Net Rights Granted |
Variación - |
|
|
|
Empresa |
Sector |
|
Net Rights Granted |
Variación - |
|
|
|
Empresa |
Sector |
|
Net Rights Granted |
Variación - |
|
|
|
Empresa |
Sector |
News
|
|
elmundo.es |
21/02/2017 |
|
Jorge Zayas,
nuevo director de Expansión de Avintia Empresas |
|
|
Companies
related |
|
Public
Tenders and Works Won
|
No Public Tenders assigned to the name of the company.
Research
Summary
|
|
The subject was incorporated on 28/09/2015, it is engaged in the real
state promotion. It belongs to the so called "GRUPO AVINTIA" Its
commercial scope is national. There are no bad comments in the consulted
sources and since it was not possible to verify its financial evolution, we
recommend a close follow up of company's evolution. |
Sources
|
|
Registry of Commerce's Official Gazette. Own and external data bases
Company References |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.37 |
|
|
1 |
INR 89.71 |
|
Euro |
1 |
INR 78.89 |
|
Euro |
1 |
INR 78.92 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
TPT |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.