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|
|
MIRA INFORM REPORT
|
Report No. : |
483352 |
|
Report Date : |
05.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
MULTIPANEL INTERNACIONAL MADRID S.L |
|
|
|
|
Registered Office : |
C/ Torres Quevedo, 20. - Mostoles - 28936 - Madrid |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
2016 |
|
|
|
|
Date of Incorporation : |
03.08.2004 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Manufacture of doors and windows of metal. |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring 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 2016 Spain marked the third full year of positive economic growth in nine 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 19.7% in 2016. 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 5% of GDP in 2015, and 4.1% of GDP in 2016. Public debt has increased substantially – from 60.1% of GDP in 2010 to nearly 99.5% in 2016.
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 despite the recent uptick in economic activity, inflation has dropped sharply, from 1.5% in 2013 to a negative 0.3% in 2016.
|
Source
: CIA |
EXECUTIVE
SUMMARY
|
|
Name: |
MULTIPANEL INTERNACIONAL MADRID S.L |
|
NIF / Fiscal code: |
B84071224 |
|
Status: |
ACTIVE |
|
Incorporation Date: |
03/08/2004 |
|
Register Data |
Register Section 8 Sheet 352251 |
|
Last Publication in BORME: |
05/10/2004 [Appointments] |
|
Last Published Account Deposit: |
2016 |
|
Share Capital: |
3.010 |
|
Localization: |
C/ TORRES QUEVEDO, 20. - MOSTOLES - 28936 - MADRID |
|
Telephone - Fax - Email - Website: |
Telephone. 916476767 |
|
Number of Branches |
2 |
|
Activity: |
|
|
NACE: |
2512 - Manufacture of doors and windows of metal |
|
Registered Trademarks: |
|
|
Audited / Opinion: |
No |
|
Tenders and Awards: |
|
|
Subsidies: |
0 for a total cost of 0 |
|
Quality Certificate: |
No |
|
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: |
|
|
|
Shares: |
0 |
|
|
Other Links: |
0 |
|
|
No. of Active Corporate Bodies: |
JOINT MANAGER 2 |
|
|
Ratios |
2016 |
2015 |
Change |
|
|
Guarantees: |
|
|
Properties Registered: |
Company NO, Administrator NO |
|
Financing / Guarantee Sources : |
Sources NO, Guarantees NO |
|
INVESTIGATION SUMMARY |
|
|
Enquiry
Details
|
|
Identification |
|
|
Social Denomination: |
MULTIPANEL INTERNACIONAL MADRID S.L |
|
NIF / Fiscal code: |
B84071224 |
|
Corporate Status: |
ACTIVE |
|
Start of activity: |
2004 |
|
Registered Office: |
C/ TORRES QUEVEDO, 20. |
|
Locality: |
MOSTOLES |
|
Province: |
MADRID |
|
Postal Code: |
28936 |
|
Telephone: |
916476767 |
Branch
Offices
|
|
Address |
Postal Code |
City |
Province |
|
CALLE DE LANZAROTE 2 |
28970 |
HUMANES DE MADRID |
MADRID |
|
CALLE DE LOS METALES 9 |
28970 |
HUMANES DE MADRID |
MADRID |
Activity
|
|
|
NACE: |
2512 |
|
Corporate Purpose: |
LA VENTA DE ACCESORIOS DE ALUMINIO Y MATERIAL DE FERRETERIA
EN GENERAL. LAFABRICACION, MANIPULACION Y COMERCIALIZACION DE PANELES
METALICOS Y SIMILARES |
|
Additional Information: |
Plant, warehouse and offices located on |
|
Import / export: |
DOES NOT IMPORT / DOES NOT EXPORT |
Chronological
Summary
|
|||
|
|
|
|
|
|
|
Year |
Act |
|
|
|
2004 |
Appointments/ Re-elections (1) Company Formation (1) |
|
|
|
2012 |
Accounts deposit (year 2008, 2009, 2010, 2011) |
|
|
|
2013 |
Accounts deposit (year 2012) |
|
|
|
2014 |
Accounts deposit (year 2013) |
|
|
|
2017 |
Accounts deposit (year 2014, 2015, 2016) |
|
Breakdown
of Owners' Equity
|
|
|
Registered Capital: |
3.010 |
|
Paid up capital: |
3.010 |
Updated
Evolution of the Subscribed and Paid-in Capital
|
|||||
|
|
|
|
|
|
|
|
Publishing Date |
Registration Type |
Capital Subscribed |
Paid up capital |
Underwritten result |
Disbursed Result |
|
21/09/2004 |
Company Formation |
3.010 |
3.010 |
3.010 |
3.010 |
Active
Social Bodies
|
|
|
|
|
|
Post published |
Social Body's Name |
Appointment Date |
Other Positions in this Company |
|
JOINT MANAGER |
OLMOS GREGORIO JOSE MANUEL |
21/09/2004 |
1 |
|
|
OLMOS GREGORIO JAVIER |
21/09/2004 |
1 |
Historical
Social Bodies
|
|
|
|
|
|
Social Body's Name |
Post published |
End Date |
Other Positions in this Company |
|
|
| //c\\ |
|
|
Executive
board
|
|
Post |
NIF |
Name |
|
ADMINISTRATOR |
|
JAVIER OLMOS GREGORIO |
|
ADMINISTRATOR |
|
JOSE MANUEL OLMOS GREGORIO |
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
>
Basis for scoring
|
Positive Factors |
Adverse Factors |
|
No judicial claims have been detected in the Official Gazettes,
regarding any Entity's outstanding debts with the Tax Bureau or Social
Security administrations, as submitted by Courts of the various court
jurisdictions. No irregular payment performance has been detected
based on information obtained from credit bureaus. Adequate level of financial autonomy. The financial
autonomy of the entity represents the 35.22%. In principle, an increase in
this ratio would indicate an improvement in the corporate's balace sheets. The current debt represents a 26.13of the financial
structure. In principle, a decrease in this ratio would indicate an
improvement in the short-term financial situation. High financial profitability. Net return from the
company's main activity performed using its own equity is high. This income return
has decreased in comparison with the previous financial year. |
Reduced cash level and other liquid assets equivalent
in relation to the volume of operations held. In principle, a decrease in
this ratio would indicate a worsening in the Company's financial situation. No Company's subsidiaries or branches are known. Although it is in a new stage of Consolidationit is
part of a group distinguished by a downturn in the market. Possible difficulty accessing financing. Uncertainties
about economic recovery will hinder access to credit for new projects or for
obtaining the liquidity necessary for short-term needs. |
Grants
or Publics aids Update for the company.
Probability of default
|
|
|
|
|
>
Estimated Probability of Default for the next 12 months: 2.621 %
|
Sector in which comparison is carried out: 251 Manufacture of structural metal products |
|
|
Relative Position:
|
The
company's comparative analysis with the rest of the companies that comprise the
sector, shows the company holds a better position with regard to the
probability of non-compliance.
The
61.00% of the companies of the sector MULTIPANEL INTERNACIONAL MADRID S.L
belongs to show a higher probability of non-compliance.
The
probability of the company's non-compliance with its payment obligations within
deadlines estimated by our qualifications models is 2,621%.
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.
Result of query submitted to the R.A.I.
(Spanish Bad Debt Register) on
|
|
LEGAL CLAIMS |
|
|
|
|
|
Summary of Judicial Claims |
|
|
|
|
|
|
|
|
||
|
|
|
Not published |
|
|
|
|
Not published |
|
|
|
|
||
|
|
|
Not published |
|
|
|
|
Not published |
|
|
|
|
Not published |
|
|
|
|
Not published |
|
|
|
|
||
|
|
|
Not published |
|
|
|
|
Not published |
|
|
|
|
||
|
|
|
Not published |
|
|
Guarantees
|
|
References |
|
Turnover |
|
|
Total Sales |
3.285.018,79 |
The
sales data is from the latest available financial statements in. Failing that,
are estimates data calculated by statistical methods.
Financial
Accounts and Balance Sheets
|
|
|
|
|
Financial
Years Presented
|
Ejercicio |
Tipo de Cuentas Anuales |
Fecha Presentacion |
|
2016 |
Normales |
September 2017 |
|
2015 |
Normales |
January 2017 |
|
2014 |
Normales |
January 2017 |
|
2013 |
Normales |
September 2014 |
|
2012 |
Normales |
August 2013 |
|
2011 |
Normales |
October 2012 |
|
2010 |
Normales |
January 2012 |
|
2009 |
Normales |
January 2012 |
|
2008 |
Normales |
January 2012 |
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 Pyme de acuerdo al Nuevo Plan General Contable 2007
Information
corresponding to the fiscal year
2016 2015 2014 2013 2012 is taken from information
submitted to the TRADE REGISTER. Data corresponding to fiscal years before
2016 2015 2014 2013 2012 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. To view details on
the methodology.
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
Assets |
2016 |
2015 |
2014 |
2013 |
2012 |
|
|
A) NON-CURRENT ASSETS: 11000 |
1.693.197,00 |
1.578.044,00 |
789.615,00 |
813.265,00 |
840.159,00 |
|
|
I. Intangible fixed assets :
11100 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Tangible fixed assets :
11200 |
1.191.454,00 |
1.089.835,00 |
466.301,00 |
489.950,00 |
491.259,00 |
|
|
III. Real estate investment:
11300 |
499.343,00 |
485.809,00 |
320.914,00 |
320.914,00 |
346.499,00 |
|
|
IV. Long-term investments in Group
companies and associates : 11400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
V. Long-term financial
investments: 11500 |
2.400,00 |
2.400,00 |
2.400,00 |
2.400,00 |
2.400,00 |
|
|
VI. Assets for deferred tax :
11600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VII. Non-current trade debtors :
11700 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
B) CURRENT ASSETS: 12000 |
866.180,00 |
754.456,00 |
772.996,00 |
747.556,00 |
541.630,00 |
|
|
I. Stocks : 12200 |
105.423,00 |
100.456,00 |
56.711,00 |
52.426,00 |
52.426,00 |
|
|
II. Trade debtors and others
receivable accounts : 12300 |
720.324,00 |
687.475,00 |
641.805,00 |
576.164,00 |
432.696,00 |
|
|
1. Trade
debtors / accounts receivable: 12380 |
408.463,00 |
383.687,00 |
508.824,00 |
489.694,00 |
303.862,00 |
|
|
a) Long-term receivables from sales and services supplied :
12381 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Customers for sales and provisions of services : 12382 |
408.463,00 |
383.687,00 |
508.824,00 |
489.694,00 |
303.862,00 |
|
|
2. Called up
share capital: 12370 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
3. Other
accounts receivable : 12390 |
311.862,00 |
303.788,00 |
132.982,00 |
86.470,00 |
128.834,00 |
|
|
III. Short-term investment in
Group companies and associates: 12400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
IV. Short-term financial
investments : 12500 |
1.600,00 |
0,00 |
35.265,00 |
35.265,00 |
35.265,00 |
|
|
V. Short-term accruals :
12600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VI. Cash and other equivalent liquid
assets : 12700 |
38.833,00 |
-33.475,00 |
39.215,00 |
83.701,00 |
21.244,00 |
|
|
TOTAL ASSETS (A + B) : 10000 |
2.559.377,00 |
2.332.500,00 |
1.562.611,00 |
1.560.821,00 |
1.381.789,00 |
|
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
Liabilities and Net Worth |
2016 |
2015 |
2014 |
2013 |
2012 |
|
|
A) NET WORTH: 20000 |
901.474,00 |
754.791,00 |
647.598,00 |
574.623,00 |
498.200,00 |
|
|
A-1) Shareholders' equity: 21000 |
901.474,00 |
754.791,00 |
647.598,00 |
574.623,00 |
498.200,00 |
|
|
I. Capital: 21100 |
3.010,00 |
3.010,00 |
3.010,00 |
3.010,00 |
3.010,00 |
|
|
1. Registered
capital : 21110 |
3.010,00 |
3.010,00 |
3.010,00 |
3.010,00 |
3.010,00 |
|
|
2. (Uncalled
capital): 21120 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Share premium: 21200 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
III. Reserves: 21300 |
14.223,00 |
14.223,00 |
14.223,00 |
14.223,00 |
14.223,00 |
|
|
1.
Capitalisation Reserves: 21350 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
2. Otras
Reservas: 21360 |
14.223,00 |
14.223,00 |
14.223,00 |
0,00 |
0,00 |
|
|
IV. (Common stock equity):
21400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
V. Profit or loss brought forward:
21500 |
737.559,00 |
630.365,00 |
557.391,00 |
480.967,00 |
405.634,00 |
|
|
VI. Other shareholders'
contributions: 21600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VII. Result of the period:
21700 |
146.682,00 |
107.193,00 |
72.975,00 |
76.424,00 |
75.333,00 |
|
|
VIII. (Interim dividend):
21800 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
A-2) Changes in net worth : 22000 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
A-3) Received subsidies, donations and legacies:
23000 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
B) NON-CURRENT LIABILITIES: 31000 |
989.202,00 |
1.016.278,00 |
341.434,00 |
396.541,00 |
433.001,00 |
|
|
I. Long-term provisions:
31100 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Long-term creditors :
31200 |
989.202,00 |
1.013.150,00 |
334.950,00 |
387.372,00 |
423.831,00 |
|
|
1. Amounts owed
to credit institutions: 31220 |
593.138,00 |
573.997,00 |
173.673,00 |
194.521,00 |
200.390,00 |
|
|
2. Creditors
from financial leasing : 31230 |
396.064,00 |
439.154,00 |
161.276,00 |
192.851,00 |
223.442,00 |
|
|
3. Other
long-term creditors : 31290 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
III. Long-term debts with Group
companies and associates: 31300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
IV. Liabilities for deferred tax:
31400 |
0,00 |
3.128,00 |
6.484,00 |
9.169,00 |
9.169,00 |
|
|
V. Long-term accruals: 31500 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VI. Non-current trade creditors :
31600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VII. Special long-term debts :
31700 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
C) CURRENT LIABILITIES : 32000 |
668.701,00 |
561.431,00 |
573.579,00 |
589.656,00 |
450.589,00 |
|
|
I. Short-term provisions:
32200 |
8.169,00 |
9.737,00 |
5.088,00 |
5.762,00 |
118.254,00 |
|
|
II. Short-term creditors :
32300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
1. Amounts
owed to credit institutions: 32320 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
2. Creditors
from financial leasing : 32330 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
3. Other
short-term creditors : 32390 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
III. Short-term amounts owed to group
and associated companies: 32400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
IV. Trade creditors and other
accounts payable: 32500 |
660.532,00 |
551.693,00 |
568.491,00 |
583.894,00 |
332.335,00 |
|
|
1. Suppliers:
32580 |
611.041,00 |
506.519,00 |
542.554,00 |
559.537,00 |
298.547,00 |
|
|
a) Long-term debts : 32581 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Short-term debts : 32582 |
611.041,00 |
506.519,00 |
542.554,00 |
559.537,00 |
298.547,00 |
|
|
2. Other
creditors: 32590 |
49.491,00 |
45.174,00 |
25.937,00 |
24.358,00 |
33.788,00 |
|
|
V. Short-term accruals :
32600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VI. Special short-term debts :
32700 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) :
30000 |
2.559.377,00 |
2.332.500,00 |
1.562.611,00 |
1.560.821,00 |
1.381.789,00 |
|
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
Profit and Loss |
2016 |
2015 |
2014 |
2013 |
2012 |
|
|
1. Net turnover: 40100 |
3.285.019,00 |
2.858.498,00 |
2.352.327,00 |
2.347.077,00 |
2.155.216,00 |
|
|
2. Changes in stocks of finished
goods and work in progress: 40200 |
4.967,00 |
43.745,00 |
4.285,00 |
0,00 |
-849,00 |
|
|
3. Works carried out by the
company for its assets: 40300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
4. Supplies : 40400 |
-2.525.294,00 |
-2.205.423,00 |
-1.746.505,00 |
-1.856.241,00 |
-1.660.308,00 |
|
|
5. Other operating income:
40500 |
25.142,00 |
8.999,00 |
9.380,00 |
10.424,00 |
720,00 |
|
|
6. Personnel costs: 40600 |
-269.932,00 |
-266.512,00 |
-270.587,00 |
-238.056,00 |
-235.066,00 |
|
|
7. Other operating costs:
40700 |
-272.001,00 |
-248.451,00 |
-215.248,00 |
-237.489,00 |
-191.138,00 |
|
|
8. Amortisation of fixed assets:
40800 |
-31.430,00 |
-44.569,00 |
-35.539,00 |
-33.944,00 |
-29.574,00 |
|
|
9. Allocation of subsidies of
non-financial fixed assets and other: 40900 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
10. Excess provisions :
41000 |
9.737,00 |
5.088,00 |
5.762,00 |
118.254,00 |
96.111,00 |
|
|
11. Impairment and result of
transfers of fixed assets: 41100 |
-9.013,00 |
10.744,00 |
0,00 |
0,00 |
-19.604,00 |
|
|
12. Other results : 41300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
A) OPERATING INCOME (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9
+ 10 + 11 + 12) : 49100 |
217.195,00 |
162.121,00 |
103.875,00 |
110.024,00 |
115.507,00 |
|
|
13. Financial income : 41400 |
259,00 |
2.445,00 |
800,00 |
1.984,00 |
316,00 |
|
|
a) Allocation
of financial subsidies, donations and legacies: 41430 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Other
financial income: 41490 |
259,00 |
2.445,00 |
800,00 |
1.984,00 |
316,00 |
|
|
14. Financial expenditure :
41500 |
-28.186,00 |
-21.641,00 |
-13.457,00 |
-16.479,00 |
-21.657,00 |
|
|
15. Changes in fair value of
financial instruments : 41600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
16. Exchange rate differences:
41700 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
17. Impairment and result for
transfers of financial instruments : 41800 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
18. Other financial income and expenditure:
42100 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
a)
Incorporation of financial expenditure to assets: 42110 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Financial
income from arrangement with creditors: 42120 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
c) Other
income and expenditure: 42130 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
B) FINANCIAL REVENUE ( 13 + 14 + 15 + 16 + 17 +18 ) :
49200 |
-27.928,00 |
-19.197,00 |
-12.657,00 |
-14.495,00 |
-21.341,00 |
|
|
C) NET RESULT BEFORE TAXES ( A + B ) : 49300 |
189.267,00 |
142.924,00 |
91.218,00 |
95.529,00 |
94.166,00 |
|
|
19. Income taxes : 41900 |
-42.585,00 |
-35.731,00 |
-18.244,00 |
-19.106,00 |
-18.833,00 |
|
|
D) RESULT OF THE PERIOD ( C + 19 ) : 49500 |
146.682,00 |
107.193,00 |
72.975,00 |
76.424,00 |
75.333,00 |
|
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 |
2014 |
2013 |
2012 |
|
|
1. Fiscal year result before taxes.: 61100 |
189.267,00 |
142.924,00 |
91.218,00 |
95.529,00 |
94.166,00 |
|
|
2. Results adjustments.: 61200 |
57.789,00 |
68.415,00 |
47.522,00 |
-64.053,00 |
-45.195,00 |
|
|
a) Fixed Assets Amortization (+).:
61201 |
31.430,00 |
44.569,00 |
35.539,00 |
33.944,00 |
29.574,00 |
|
|
c) Variation in Provision (+/-). :
61203 |
-1.568,00 |
4.649,00 |
-673,00 |
-112.492,00 |
-96.111,00 |
|
|
g) Financial income (-).:
61207 |
-259,00 |
-2.445,00 |
-800,00 |
-1.984,00 |
-316,00 |
|
|
h) Financial Expenses (+). : 61208 |
28.186,00 |
21.641,00 |
13.457,00 |
16.479,00 |
21.657,00 |
|
|
3. Changes in current capital equity.: 61300 |
26.837,00 |
-106.679,00 |
-103.573,00 |
88.985,00 |
47.368,00 |
|
|
a) Stock (+/-).: 61301 |
-4.967,00 |
-43.745,00 |
-4.285,00 |
0,00 |
849,00 |
|
|
d) Debtors and other accounts
receivable (+/-). : 61302 |
-32.849,00 |
-45.670,00 |
-65.641,00 |
-143.468,00 |
-17.032,00 |
|
|
c) Other current assets (+/-). :
61303 |
-1.600,00 |
35.265,00 |
0,00 |
0,00 |
0,00 |
|
|
d) Creditors and other accounts
payable (+/-). : 61304 |
66.253,00 |
-52.528,00 |
-33.647,00 |
232.454,00 |
63.551,00 |
|
|
4. Cash Flows from Other Operating Activities:
61400 |
-27.928,00 |
-19.197,00 |
-12.657,00 |
-14.495,00 |
-21.341,00 |
|
|
a) Interest payments (-). :
61401 |
-28.186,00 |
-21.641,00 |
-13.457,00 |
-16.479,00 |
-21.657,00 |
|
|
c) Interest collection (+). :
61403 |
259,00 |
2.445,00 |
800,00 |
1.984,00 |
316,00 |
|
|
5. Cash Flows from Operating Activities (1 + 2 + 3 + 4)
: 61500 |
245.967,00 |
85.464,00 |
22.510,00 |
105.967,00 |
74.997,00 |
|
|
6. Payments for investment (-).: 62100 |
-115.153,00 |
-788.429,00 |
0,00 |
0,00 |
-25.585,00 |
|
|
c) Fixed assets. : 62103 |
-101.620,00 |
-623.534,00 |
0,00 |
0,00 |
0,00 |
|
|
d) Real estate investment. :
62104 |
-13.534,00 |
-164.895,00 |
0,00 |
0,00 |
-25.585,00 |
|
|
7. Divestment payment collection (+). : 62200 |
0,00 |
0,00 |
23.650,00 |
26.894,00 |
25.339,00 |
|
|
c) Fixed assets. : 62203 |
0,00 |
0,00 |
23.650,00 |
1.309,00 |
25.339,00 |
|
|
d) Real estate investment. :
62204 |
0,00 |
0,00 |
0,00 |
25.585,00 |
0,00 |
|
|
8. Cash Flow from Investing Activities (6+7) less
Amortization: 62300 |
-146.583,00 |
-832.998,00 |
-11.889,00 |
-7.050,00 |
-29.820,00 |
|
|
9. Payment collection and payments for equity
instruments. : 63100 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
10. Payment collection and payments for financial
liabilities instruments.: 63200 |
-27.076,00 |
674.844,00 |
-55.107,00 |
-36.459,00 |
-55.024,00 |
|
|
a) Issuance : 63201 |
19.142,00 |
678.201,00 |
0,00 |
0,00 |
0,00 |
|
|
2. Debts incurred with credit
institutions (+). : 63203 |
19.142,00 |
400.323,00 |
0,00 |
0,00 |
0,00 |
|
|
4. Special characteristic debts
(+). : 63205 |
0,00 |
277.877,00 |
0,00 |
0,00 |
0,00 |
|
|
5. Other debts (+). : 63206 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Repayment and amortization of :
63207 |
-46.218,00 |
-3.356,00 |
-55.107,00 |
-36.459,00 |
-55.024,00 |
|
|
2. Debts incurred with credit
institutions (-).: 63209 |
0,00 |
0,00 |
-20.848,00 |
-5.869,00 |
-23.035,00 |
|
|
4. Special characteristic debts
(-). : 63211 |
-43.090,00 |
0,00 |
-31.575,00 |
-30.591,00 |
-29.305,00 |
|
|
5. Other debts (-). : 63212 |
-3.128,00 |
-3.356,00 |
-2.685,00 |
0,00 |
-2.685,00 |
|
|
11. Payments from dividends and remunerations from
other assets instruments. : 63300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
12. Cash Flows from Financing Activities (9+10+11):
63400 |
-27.076,00 |
674.844,00 |
-55.107,00 |
-36.459,00 |
-55.024,00 |
|
|
D) EFFECT OF EXCHANGE RATE CHANGES: 64000 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
E) NET INCREASE/DECREASE OF CASH OR EQUIVALENT ASSETS
(+/-5+/-8+/12+/-D) : 65000 |
72.307,00 |
-72.690,00 |
-44.486,00 |
62.457,00 |
-9.847,00 |
|
|
Cash or equivalent assets as of
beginning of the fiscal year.: 65100 |
-33.475,00 |
39.215,00 |
83.701,00 |
21.244,00 |
31.091,00 |
|
|
Cash or equivalent assets as of
end of the fiscal year.: 65200 |
38.833,00 |
-33.475,00 |
39.215,00 |
83.701,00 |
21.244,00 |
|
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: |
0,02 % |
0,01 % |
-0,03 % |
0,01 % |
186,56 % |
10,77 % |
|
|
Net Financial Debt: |
3,83 |
1,83 |
5,48 |
2,16 |
-30,21 |
-15,49 |
|
|
Cash Flow Yield: |
0,03 % |
0,01 % |
-0,03 % |
0,01 % |
190,66 % |
7,71 % |
|
|
EBITDA over Sales: |
7,55 % |
6,68 % |
6,68 % |
6,39 % |
13,02 % |
4,53 % |
|
|
Profitability |
2016 |
2015 |
Variación 2016 - 2015 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Operating economic profitability: |
8,50 % |
4,39 % |
6,96 % |
3,92 % |
22,16 % |
12,05 % |
|
|
Total economic profitability: |
8,50 % |
4,44 % |
7,06 % |
3,96 % |
20,42 % |
12,28 % |
|
|
Financial profitability: |
16,27 % |
5,55 % |
14,20 % |
4,60 % |
14,57 % |
20,73 % |
|
|
Margin: |
6,56 % |
4,45 % |
5,65 % |
3,94 % |
16,06 % |
13,07 % |
|
|
Mark-up: |
5,72 % |
4,49 % |
4,98 % |
3,56 % |
14,72 % |
25,95 % |
|
|
Solvency |
2016 |
2015 |
Variación 2016 - 2015 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Liquidity: |
0,06 |
0,38 |
-0,06 |
0,34 |
196,89 |
12,46 |
|
|
Acid Test: |
1,15 |
1,19 |
1,19 |
1,17 |
-2,84 |
1,72 |
|
|
Working Capital / Investment: |
0,08 |
0,23 |
0,08 |
0,21 |
-6,76 |
10,07 |
|
|
Solvency: |
1,31 |
1,88 |
1,37 |
1,78 |
-4,11 |
5,68 |
|
|
Indebtedness |
2016 |
2015 |
Variación 2016 - 2015 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Indebtedness level: |
1,83 |
0,85 |
2,08 |
0,92 |
-11,91 |
-6,69 |
|
|
Borrowing Composition: |
1,50 |
0,66 |
1,84 |
0,67 |
-18,70 |
-1,40 |
|
|
Repayment Ability: |
6,65 |
8,98 |
8,22 |
9,47 |
-19,00 |
-5,15 |
|
|
Warranty: |
1,55 |
2,17 |
1,49 |
2,09 |
4,29 |
3,73 |
|
|
Generated resources / Total creditors: |
0,11 |
0,10 |
0,10 |
0,09 |
11,55 |
9,42 |
|
|
Efficiency |
2016 |
2015 |
Variación 2016 - 2015 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Productivity: |
1,92 |
1,30 |
1,72 |
1,30 |
11,78 |
0,16 |
|
|
Turnover of Collection Rights : |
4,60 |
4,85 |
4,17 |
4,74 |
10,17 |
2,31 |
|
|
Turnover of Payment Entitlements: |
4,24 |
3,12 |
4,53 |
3,16 |
-6,29 |
-1,19 |
|
|
Stock rotation: |
29,35 |
4,30 |
27,09 |
4,91 |
8,33 |
-12,59 |
|
|
Assets turnover: |
1,30 |
0,99 |
1,23 |
0,99 |
5,26 |
-0,90 |
|
|
Borrowing Cost: |
1,71 |
1,53 |
1,38 |
1,77 |
23,79 |
-13,42 |
|
>
Trend of indicators under the General Accounting Plan of 2007 (2016, 2015,
2014, 2013, 2012)
|
Cash Flow |
2016 |
2015 |
2014 |
2013 |
2012 |
|
|
Cash Flow over Sales: |
0,02 % |
-0,03 % |
-0,02 % |
0,03 % |
0,00 % |
|
|
Net Financial Debt: |
3,83 |
5,48 |
1,95 |
10,44 |
5,36 |
|
|
Cash Flow Yield: |
0,03 % |
-0,03 % |
-0,03 % |
0,04 % |
-0,01 % |
|
|
EBITDA over Sales: |
7,55 % |
6,68 % |
5,68 % |
1,10 % |
3,18 % |
|
|
Profitability |
2016 |
2015 |
2014 |
2013 |
2012 |
|
|
Operating economic profitability: |
8,50 % |
6,96 % |
6,81 % |
7,22 % |
8,59 % |
|
|
Total economic profitability: |
8,50 % |
7,06 % |
6,70 % |
7,18 % |
8,38 % |
|
|
Financial profitability: |
16,27 % |
14,20 % |
11,27 % |
13,30 % |
15,12 % |
|
|
Margin: |
6,56 % |
5,65 % |
4,40 % |
4,67 % |
5,36 % |
|
|
Mark-up: |
5,72 % |
4,98 % |
3,86 % |
4,05 % |
4,37 % |
|
|
Solvency |
2016 |
2015 |
2014 |
2013 |
2012 |
|
|
Liquidity: |
0,06 |
-0,06 |
0,07 |
0,14 |
0,06 |
|
|
Acid Test: |
1,15 |
1,19 |
1,26 |
1,19 |
1,47 |
|
|
Working Capital / Investment: |
0,08 |
0,08 |
0,13 |
0,10 |
0,07 |
|
|
Solvency: |
1,31 |
1,37 |
1,36 |
1,28 |
1,63 |
|
|
Indebtedness |
2016 |
2015 |
2014 |
2013 |
2012 |
|
|
Indebtedness level: |
1,83 |
2,08 |
1,41 |
1,71 |
1,54 |
|
|
Borrowing Composition: |
1,50 |
1,84 |
0,60 |
0,68 |
1,30 |
|
|
Repayment Ability: |
6,65 |
8,22 |
6,81 |
38,13 |
11,16 |
|
|
Warranty: |
1,55 |
1,49 |
1,72 |
1,59 |
1,81 |
|
|
Generated resources / Total creditors: |
0,11 |
0,10 |
0,12 |
0,11 |
0,14 |
|
|
Efficiency |
2016 |
2015 |
2014 |
2013 |
2012 |
|
|
Productivity: |
1,92 |
1,72 |
1,49 |
1,11 |
1,29 |
|
|
Turnover of Collection Rights : |
4,60 |
4,17 |
3,68 |
4,09 |
4,98 |
|
|
Turnover of Payment Entitlements: |
4,24 |
4,53 |
3,46 |
3,59 |
5,57 |
|
|
Stock rotation: |
29,35 |
27,09 |
39,91 |
45,13 |
40,38 |
|
|
Assets turnover: |
1,30 |
1,23 |
1,55 |
1,55 |
1,60 |
|
|
Borrowing Cost: |
1,71 |
1,38 |
1,48 |
1,68 |
2,83 |
|
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
|
--
Public
Tenders and Works Won
|
No
Public Tenders assigned to the name of the company.
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 63.39 |
|
|
1 |
INR 85.74 |
|
Euro |
1 |
INR 76.74 |
|
EURO |
1 |
INR 76.40 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
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Report Prepared
by : |
DNS |
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.