|
|
|
MIRA INFORM REPORT
|
Report No. : |
493793 |
|
Report Date : |
27.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
ELETTROLAZIO
S.P.A. |
|
|
|
|
Registered Office : |
Via Buttarelli,
6, 00155 – Roma (RM) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
03.12.1999 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Wholesale of lighting equipment; various
electrical material for domestic use |
|
|
|
|
No. of Employees : |
From 111 To 130 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
Italy |
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 |
ITALY - ECONOMIC OVERVIEW
Italy’s economy compromises a developed industrial north, dominated by
private companies, and a less-developed, highly subsidized, agricultural south,
with a legacy of unemployment and underdevelopment. 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, reaching 131% of GDP in 2017. 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 records. The
government still faces pressure from investors and European partners to sustain
its efforts to address Italy's longstanding structural economic problems,
including labor market inefficiencies, a sluggish judicial system, and a weak
banking sector. Italy’s economy returned to modest growth in late 2014 for the
first time since 2011. In 2015-16, Italy’s economy grew at about 1% each year,
and in 2017 growth accelerated to 1.5% of GDP. In 2017, overall unemployment
was 11.4%, but youth unemployment remained high at 37.1%.
|
Source
: CIA |
COMPANY
name & address
ELETTROLAZIO S.P.A.
Via Buttarelli, 6
00155 – Roma (RM)
-IT-
Summary
|
Fiscal Code |
: |
02115460608 |
|
Legal Form |
: |
Joint Stock Company |
|
start of Activities |
: |
02/10/2002 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
50.000.000/75.000.000 |
|
Number of Employees |
: |
From 111 To 130 |
Activity
Wholesale of lighting equipment; various
electrical material for domestic use
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 02115460608 |
|
Municipal Licence : 058007 of since
30/12/2013 |
|
Chamber of Commerce no. : 130835 of
Frosinone |
|
Chamber of Commerce no. : 177571 of Latina |
|
Chamber of Commerce no. : 1017522 of Roma
since 27/09/2002 |
|
Firms' Register : FR-2000-2077 of Frosinone |
|
Firms' Register : RM-2002-216508 of Roma |
|
V.A.T. Code : 02115460608 |
|
Establishment date |
: 03/12/1999 |
|
|
Start of Activities |
: 02/10/2002 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 5.000.000 |
|
|
Subscribed Capital |
: 5.000.000 |
|
|
Paid up Capital |
: 5.000.000 |
|
Legal mail : |
ELETTROLAZIO@PEC-ELEXITALIA.IT |
Members
|
|
Oliva |
Giuseppe |
|
|
Born in Napoli |
(NA) |
on 22/10/1955 |
- Fiscal Code : LVOGPP55R22F839L |
|
|
Residence: |
Colli Aminei |
, 36/A |
- 80131 |
Napoli |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/02/2010 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Licciardi |
Maria |
|
|
Born in Napoli |
(NA) |
on 20/02/1947 |
- Fiscal Code : LCCMRA47B60F839Y |
|
|
Residence: |
Puccini |
, 1 |
- 80026 |
Casoria |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Marigliano |
Giovanni |
|
|
Born in Napoli |
(NA) |
on 08/03/1948 |
- Fiscal Code : MRGGNN48C08F839W |
|
|
Residence: |
Puccini |
, 1 |
- 80026 |
Casoria |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
30/04/2017 |
||
|
Director |
30/04/2017 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Marigliano |
Luca |
|
|
Born in Caserta |
(CE) |
on 22/04/1981 |
- Fiscal Code : MRGLCU81D22B963Z |
|
|
Residence: |
Puccini |
, 1 |
- 80026 |
Casoria |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2017 |
|
|
Marigliano |
Domenico |
|
|
Born in Napoli |
(NA) |
on 28/10/1972 |
- Fiscal Code : MRGDNC72R28F839P |
|
|
Residence: |
Puccini |
, 1 |
- 80026 |
Casoria |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2017 |
|
|
No Prejudicial events are reported |
|
|
Palombo |
Monica |
|
|
Born in Latina |
(LT) |
on 31/05/1969 |
- Fiscal Code : PLMMNC69E71E472B |
|
|
Residence: |
Adua |
, 34 |
- 04100 |
Latina |
(LT) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/02/2017 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Zinzi |
Gennaro |
|
|
Born in Napoli |
(NA) |
on 31/03/1970 |
- Fiscal Code : ZNZGNR70C31F839T |
|
|
Residence: |
Agugliano |
, 73 |
- 00132 |
Roma |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/02/2017 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Pallotta |
Fabio |
|
|
Born in Roma |
(RM) |
on 15/09/1964 |
- Fiscal Code : PLLFBA64P15H501B |
|
|
Residence: |
Circumval.ne Mare Australe |
, 3 |
- 00040 |
Ardea |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/02/2017 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Gandolfi |
Antonio |
|
|
Born in Porretta Terme |
(BO) |
on 10/08/1965 |
- Fiscal Code : GNDNTN65M10A558W |
|
|
Residence: |
Don Minzoni |
, 79 |
- 00048 |
Nettuno |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/02/2017 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Nicotera |
Alessandro |
|
|
Born in Napoli |
(NA) |
on 02/01/1979 |
- Fiscal Code : NCTLSN79A02F839W |
|
|
Residence: |
Suolo S. Gennaro Ii Tratto |
, 33 |
- 80078 |
Pozzuoli |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/02/2017 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Iovane |
Dario |
|
|
Born in Napoli |
(NA) |
on 06/07/1956 |
- Fiscal Code : VNIDRA56L06F839J |
|
|
Residence: |
Umberto I |
, 432 |
- 80034 |
Marigliano |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/02/2017 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Dinarelli |
Emanuele |
|
|
Born in Latera |
(VT) |
on 20/01/1969 |
- Fiscal Code : DNRMNL69A20E467F |
|
|
Residence: |
Fulda |
, 123/C |
- 00148 |
Roma |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/02/2017 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Iuliano |
Agostino |
|
|
Born in Roma |
(RM) |
on 07/07/1971 |
- Fiscal Code : LNIGTN71L07H501Y |
|
|
Residence: |
Silvio Pellico |
, 23 |
- 00040 |
Pomezia |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/02/2017 |
|
|
No Protests registered |
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.
|
|
Marigliano |
Giovanni |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Immobiliare Mega S.r.l. In Liquidazione |
Casoria (NA) - IT - |
03246210631 |
Sole Director |
Withdrawn |
Ceased |
|
Immobiliare Mega S.r.l. In Liquidazione |
Casoria (NA) - IT - |
03246210631 |
Liquidator |
Withdrawn |
Ceased |
|
L.d.a. Costruzioni S.p.a. |
Napoli (NA) - IT - |
06921270630 |
Director |
Active |
Registered |
|
L.d.a. Costruzioni S.p.a. |
Napoli (NA) - IT - |
06921270630 |
Partner |
Withdrawn |
Registered |
|
Elettrocampania S.p.a. |
Marcianise (CE) - IT - |
02348300613 |
Director |
Active |
Registered |
|
Elettrocampania S.p.a. |
Marcianise (CE) - IT - |
02348300613 |
Board Chairman |
Active |
Registered |
|
Electra - Spa |
Salerno (SA) - IT - |
03380570659 |
Partner |
Withdrawn |
Registered |
|
Megawatt Spa |
Casoria (NA) - IT - |
05907491210 |
Director |
Active |
Registered |
|
Megawatt Spa |
Casoria (NA) - IT - |
05907491210 |
Board Chairman |
Active |
Registered |
|
Elex Italia Societa' Consortile Per Azioni |
Assago (MI) - IT - |
03356860969 |
Director |
Withdrawn |
Registered |
|
Mar Power S.p.a. |
Napoli (NA) - IT - |
07169051211 |
Director |
Active |
Registered |
|
Mar Power S.p.a. |
Napoli (NA) - IT - |
07169051211 |
Partner |
Withdrawn |
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 |
|
Licciardi Maria |
Casoria - IT - |
LCCMRA47B60F839Y |
2.500.000 .Eur |
50,00 |
|
Marigliano Giovanni |
Casoria - IT - |
MRGGNN48C08F839W |
2.500.000 .Eur |
50,00 |
Direct Participations
The Company under review has no
participations in other Companies.
Firm's location and structure
In order to carry out its activities the firm
uses the following locations:
|
- |
Legal and operative seat |
|
Buttarelli |
, 6 |
- 00100 |
- Roma |
(RM) |
- IT - |
|
Trading Style: ELETTROLAZIO SRL |
|
Legal mail |
: ELETTROLAZIO@PEC-ELEXITALIA.IT |
|
- |
Branch |
(Wholesale store) |
since 12/09/2002 |
|
Armando Vona |
, 73 |
- 03100 |
- Frosinone |
(FR) |
- IT - |
|
- |
Branch |
(Shop) |
since 17/09/2009 |
|
S.s. 148 Pontina Km. 76 |
- 04100 |
- Latina |
(LT) |
- IT - |
|
- |
Branch |
(Shop) |
since 01/07/2012 |
|
Pontina Km 31,200 |
, SNC |
- 00071 |
- Pomezia |
(RM) |
- IT - |
|
- |
Branch |
(Shop) |
since 30/12/2013 |
|
S.s. Nettunense Km. 30,900 |
, SNC |
- 00042 |
- Anzio |
(RM) |
- IT - |
|
- |
Branch |
(Shop) |
since 30/03/2015 |
|
Della Magliana |
, 400-420 |
- 00100 |
- Roma |
(RM) |
- IT - |
|
- |
Branch |
(Shop) |
since 08/10/2015 |
|
Chiesina Uzzanese |
, 16/22 |
- 00100 |
- Roma |
(RM) |
- IT - |
|
Employees |
: 119 |
|
Fittings and Equipment for a value of
2.520.000 |
Eur |
|
Stocks for a value of 4.870.000 |
Eur |
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.
National Real Estates Survey
The firm under review, by the reported
percentages, owns the following real estates:
|
Town |
Cadastre |
No. Immovables |
Up to Date |
|
PADULI (BN) |
Buildings |
3 |
14/02/2018 |
|
PADULI (BN) |
Land |
5 |
14/02/2018 |
|
Buildings Details |
|
Cadastre |
Title |
Location |
Sheet No. |
Particle No. |
Sub No. |
Categorie |
Classe |
Consistence |
Cadastrial Rent |
Part No. |
|
B |
Proprieta' superficiaria per 1000/1000 |
PADULI (BN) CONTRADA PIANA FERRARA, SNC
Piano T |
8 |
678 |
1 |
cat. D/1 |
Euro: 1.510,00 |
|||
|
B |
Proprieta' superficiaria per 1000/1000 |
PADULI (BN) CONTRADA PIANA FERRARA, SNC
Piano T |
8 |
681 |
1 |
cat. D/1 |
Euro: 990,00 |
|||
|
B |
Proprieta' superficiaria per 1000/1000 |
PADULI (BN) CONTRADA PIANA FERRARA, SNC
Piano T |
8 |
684 |
1 |
cat. D/1 |
Euro: 755,00 |
|
Land Details |
|
Cadastre |
Title |
Location |
Sheet No. |
Particle No. |
Sub No. |
Category |
Class |
Consistence |
Cadastrial Rent |
Part No. |
|
L |
Proprieta' superficiaria per 1000/1000 |
PADULI (BN) |
8 |
677 |
SEMINATIVO |
2 |
3 are |
R.D.Euro:1,70 R.A. Euro: 1,16 |
||
|
L |
Proprieta' superficiaria per 1000/1000 |
PADULI (BN) |
8 |
679 |
SEMINATIVO |
2 |
1 are 70 ca |
R.D.Euro:0,97 R.A. Euro: 0,66 |
||
|
L |
Proprieta' superficiaria per 1000/1000 |
PADULI (BN) |
8 |
680 |
SEMINATIVO |
2 |
3 are 50 ca |
R.D.Euro:1,99 R.A. Euro: 1,36 |
||
|
L |
Proprieta' superficiaria per 1000/1000 |
PADULI (BN) |
8 |
682 |
SEMINATIVO |
2 |
20 ca |
R.D.Euro:0,11 R.A. Euro: 0,08 |
||
|
L |
Proprieta' superficiaria per 1000/1000 |
PADULI (BN) |
8 |
683 |
SEMINATIVO |
2 |
1 ha 44 are 20 ca |
R.D.Euro:81,92 R.A. Euro: 55,85 |
All responsibilities are declined regarding any
possible omissions concerning the given results. Therefore, we advise to
request for "Hypothecating Survey Inspection" c/o the locally
competent RR.II. Immovables Registry, as this service doesn't fully guarantees
the actual title of the Real Estates of the requested Subject.
Financial and Economical Analysis
Subject is active since 2002
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. 13,48% on 2016) with a good increase in turnover (+9,85% in 2016
compared to 2015 and +8,66% in 2015 compared to 2014).
The operating result in 2016 was positive
(3,74%) and in line with the sector's average.
The operating result is positive and amounts
to Eur. 1.741.581 showing an upward trend more then 100% compared to the
previous financial year.
A gross operating margine for a value of Eur.
2.008.154 was reached. with a more then 100% growth.
The financial status of the company is fairly
balanced with an indebtedness level of 2,75 with an improving trend as on the
decrease.
Subject can manage an equity capital funds
for an amount of Eur. 7.986.014 , stable in comparison with the value of the
previous year.
Total debts recorded amounted to Eur.
33.821.037 (Eur. 2.792.658 of which were m/l term debts) , a more or less
stable value.
The recourse to financial credit is within
the limits; on the other hand the recourse to suppliers' credit is rated as
fairly high even in comparison with the sector's.
Liquidity is however good.
Due from customers average term is high and
equal to 195,37 days. also in relation to the average of the sector.
2016 financial year closed with a cash flow
of Eur. 1.343.102
In the last financial year labour cost was of
Eur. 4.495.544, with a 9,04% incidence on total costs of production. , whereas
the incidence of such costs on sales revenues is equal to 8,64%.
The incidence of the financial charges is of
-0,31% on the sales amount.
Financial Data
|
|
Complete balance-sheet for the year |
al 31/12/2016 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
52.054.003 |
|
Profit (Loss) for the period |
1.076.529 |
|
|
Complete balance-sheet for the year |
al 31/12/2015 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
47.385.112 |
|
Profit (Loss) for the period |
881.125 |
|
|
Complete balance-sheet for the year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
43.604.885 |
|
Profit (Loss) for the period |
583.750 |
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
42.298.463 |
|
Profit (Loss) for the period |
888.347 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
45.612.531 |
|
Profit (Loss) for the period |
979.608 |
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 31/12/2016 - 12 Mesi
- Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2015 - 12 Mesi -
Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2014 - 12 Mesi
- Currency: - Amounts x 1 |
|
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|
|
RATIOS |
Value Type |
as at 31/12/2016 |
as at 31/12/2015 |
as at 31/12/2014 |
Sector Average |
|
COMPOSITION ON INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,08 |
0,14 |
0,16 |
0,09 |
|
Elasticity Ratio |
Units |
0,92 |
0,86 |
0,84 |
0,89 |
|
Availability of stock |
Units |
0,10 |
0,15 |
0,20 |
0,26 |
|
Total Liquidity Ratio |
Units |
0,81 |
0,71 |
0,64 |
0,54 |
|
Quick Ratio |
Units |
0,19 |
0,04 |
0,04 |
0,03 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
2,75 |
3,53 |
3,50 |
3,95 |
|
Self Financing Ratio |
Units |
0,17 |
0,17 |
0,17 |
0,17 |
|
Capital protection Ratio |
Units |
0,24 |
0,15 |
0,57 |
0,62 |
|
Liabilities consolidation quotient |
Units |
0,24 |
0,30 |
0,30 |
0,10 |
|
Financing |
Units |
4,24 |
4,35 |
4,38 |
4,85 |
|
Permanent Indebtedness Ratio |
Units |
0,33 |
0,36 |
0,36 |
0,29 |
|
M/L term Debts Ratio |
Units |
0,16 |
0,19 |
0,19 |
0,07 |
|
Net Financial Indebtedness Ratio |
Units |
0,30 |
1,11 |
0,73 |
1,04 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
3,95 |
2,52 |
2,29 |
2,37 |
|
Current ratio |
Units |
1,37 |
1,35 |
1,32 |
1,18 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,22 |
1,12 |
1,00 |
0,80 |
|
Structure's primary quotient |
Units |
2,05 |
1,18 |
1,08 |
1,48 |
|
Treasury's primary quotient |
Units |
0,29 |
0,06 |
0,06 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
582,79 |
592,02 |
587,68 |
602,26 |
|
Current Capital ( net ) |
Value |
11.616.707 |
9.092.478 |
7.199.528 |
191.984 |
|
RETURN |
|||||
|
Return on Sales |
% |
2,58 |
2,30 |
1,70 |
2,03 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
13,48 |
12,75 |
9,66 |
6,31 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
19,77 |
19,30 |
16,23 |
17,00 |
|
Return on Investment ( R.O.I. ) |
% |
3,74 |
0,86 |
0,30 |
4,18 |
|
Return/ Sales |
% |
3,35 |
0,74 |
0,24 |
3,46 |
|
Extra Management revenues/charges incid. |
% |
61,81 |
251,06 |
555,22 |
27,96 |
|
Cash Flow |
Value |
1.343.102 |
1.091.919 |
743.310 |
44.823 |
|
Operating Profit |
Value |
1.741.581 |
350.967 |
105.138 |
74.603 |
|
Gross Operating Margin |
Value |
2.008.154 |
561.761 |
264.698 |
111.383 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
195,37 |
206,75 |
170,75 |
113,70 |
|
Debts to suppliers average term |
Days |
173,52 |
177,67 |
162,70 |
118,14 |
|
Average stock waiting period |
Days |
33,67 |
45,42 |
58,52 |
72,90 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,12 |
1,16 |
1,23 |
1,25 |
|
Rate of stock return |
Units |
10,69 |
7,93 |
6,15 |
4,88 |
|
Labour cost incidence |
% |
8,64 |
9,04 |
10,79 |
8,14 |
|
Net financial revenues/ charges incidence |
% |
-0,31 |
-0,36 |
-0,07 |
-1,38 |
|
Labour cost on purchasing expenses |
% |
9,04 |
9,11 |
9,98 |
8,25 |
|
Short-term financing charges |
% |
0,85 |
0,98 |
0,87 |
2,76 |
|
Capital on hand |
% |
89,41 |
86,33 |
81,45 |
79,85 |
|
Sales pro employee |
Value |
371.814 |
356.279 |
296.631 |
397.742 |
|
Labour cost pro employee |
Value |
32.111 |
32.207 |
32.009 |
33.267 |
Remarks
1) Protests checking (relative to the last
five years) performed by crossing and matching the members names and the Firm's
Style with the reported addresses, is supplied by the Informatic Registry
managed by the Italian Chamber of Commerce. If the fiscal code is not
indicated, the eventual homonymous cases are submitted to expert staff
evaluation in order to limit wrong matching risks.
2) The Legal Data, supplied and retrived from
the Firm's Registry of the Italian Chamber of Commerce, are in line with the
last registered modifications.
3) Risk evaluation and Credit Opinion have
been performed on the base of the actual data at the moment of their
availability.
Market / Territory Data
|
Population living in the province |
: |
3.807.992 |
|
Population living in the region |
: |
5.269.972 |
|
Number of families in the region |
: |
2.091.220 |
Monthly family expences average in the region
(in Eur..) :
|
- per food products |
: |
472 |
|
- per non food products |
: |
1.832 |
|
- per energy consume |
: |
102 |
Sector Data
The values are calculated on a base of 9.175
significant companies.
The companies cash their credits on an
average of 114 dd.
The average duration of suppliers debts is
about 118 dd.
The sector's profitability is on an average
of 2,03%.
The labour cost affects the turnover in the
measure of 8,14%.
Goods are held in stock in a range of 73 dd.
The difference between the sales volume and
the resources used to realize it is about 1,25.
The employees costs represent the 8,25% of
the production costs.
Statistical Detrimental Data
Statistically the trade activity shows
periods of crisis.
The area is statistically considered
moderately risky.
In the region 53.924 protested subjects are found;
in the province they count to 34.465.
The insolvency index for the region is 1,04,
, while for the province it is 0,92.
Total Bankrupt companies in the province :
31.914.
Total Bankrupt companies in the region :
37.442.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.66 |
|
|
1 |
INR 90.65 |
|
Euro |
1 |
INR 79.70 |
|
Euro |
1 |
INR 79.68 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VIV |
|
|
|
|
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.