|
|
|
MIRA INFORM REPORT
|
Report No. : |
484095 |
|
Report Date : |
05.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
SIJ ACRONI D.O.O. |
|
|
|
|
Formerly Known As : |
ACRONI D.O.O |
|
|
|
|
Registered Office : |
Koroska Bela, Cesta Borisa Kidrica 44, 4270 Jesenice |
|
|
|
|
Country : |
Slovenia |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
23.12.1992 |
|
|
|
|
Com. Reg. No.: |
10417200 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
1255 (2017) |
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 : |
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
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
Slovenia |
B1 |
B1 |
|
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 |
SLOVENIA - ECONOMIC
OVERVIEW
With excellent infrastructure, a well-educated work force, and a strategic location between the Balkans and Western Europe, Slovenia has one of the highest per capita GDPs in Central Europe, despite having suffered a protracted recession in the 2008-09 period in the wake of the global financial crisis. Slovenia became the first 2004 EU entrant to adopt the euro (on 1 January 2007) and has experienced one of the most stable political transitions in Central and Southeastern Europe.
In March 2004, Slovenia became the first transition country to graduate from borrower status to donor partner at the World Bank. In 2007, Slovenia was invited to begin the process for joining the OECD; it became a member in 2012. However, long-delayed privatizations, particularly within Slovenia’s largely state-owned and increasingly indebted banking sector, have fueled investor concerns since 2012 that the country would need EU-IMF financial assistance. In 2013, the European Commission granted Slovenia permission to begin recapitalizing ailing lenders and transferring their nonperforming assets into a “bad bank” established to restore bank balance sheets. From 2014 to 2016, export-led growth, fueled by demand in larger European markets pushed GDP growth to 2.3% per year, while stubbornly high unemployment fell slightly to below 12%.
Prime Minister CERAR’s government took office in September 2014, pledging to press ahead with commitments to privatize a select group of state-run companies, rationalize public spending, and further stabilize the banking sector.
|
Source
: CIA |
Company identification
|
SIJ
ACRONI d.o.o. |
|
Phone |
04
584 10 00 |
|
Koroska
Bela, Cesta Borisa Kidrica 44 |
Telefax |
04
584 11 11 |
|
|
4270
Jesenice |
|
E-Mail |
|
|
Slovenia |
|
Web |
|
|
|
|||
|
Crefo
Nr. |
9270000986 |
Registration: |
Kranj |
|
Statistical
Nr. |
5688418 |
Registration
Nr. |
10417200 |
|
Tax
Nr. |
SI25840754 |
Status |
Active |
Economic situation
|
Business
connection |
Business
connection appear premissable |
(31) |
|
Terms
of payment |
Slow but Correct |
(32) |
Basic information
Legal
form
Ltd
- Limited liability company
Founded
23/12/1992
as Ltd - Limited liability company
last
entry on 1.9.2017
on
16.2.2005 change of company name from SZ ACRONI d.o.o. into \ ACRONI, d.o.o.
on
13.07.2015 change of the company name from ACRONI, d.o.o. into \ ACRONI d.o.o.
on
24.8.2016 change of the company name from ACRONI d.o.o. into SIJ \ ACRONI
d.o.o.
Registration
23/12/1992,
Kranj, 10417200 Statistical Nr.: 5688418 Tax Nr.: SI25840754
Registered
names
|
Valid
from |
Former
name |
Valid
until |
|
13/07/2015 |
ACRONI
d.o.o. |
24/08/2016 |
|
22/01/2007 |
ACRONI,
d.o.o. |
13/07/2015 |
|
23/12/1992 |
SZ
ACRONI, d.o.o. |
26/06/1998 |
|
24/01/2005 |
SZ
ACRONI, d.o.o. |
22/01/2007 |
|
26/06/1998 |
SZ
Zj - ACRONI, d.o.o., Jesenice |
24/01/2005 |
|
Valid
from |
Short
name |
Valid
until |
|
24/08/2016 |
SIJ
ACRONI d.o.o. |
|
Owners
and Capital
|
Crefo
Nr. |
Name
/ Address / Status |
From |
Share |
|
Owner |
|||
|
9270001583 |
SIJ
d.d. Statistical
Nr.: 5046432 Gerbiceva
ulica 98, 1000 Ljubljana Slovenia Phone
Nr.: 01 242 98 00 Fax:
01 242 98 55 E-mail: info@sij.si
WWW: www.sij.si |
31/05/1995 |
85.000.000
EUR |
|
Total
capital |
85.000.000
EUR |
||
Registered
capital
|
|
Currency |
Value |
|
|
EUR |
83.458.521 |
|
02/07/2015 |
EUR |
85.000.000 |
on 02.07.2015 capital increase for EUR 1.541.479,--
Management
|
Crefo
Nr. |
Name
/ Address / Status |
Since |
Power
of attorney |
|
Manager |
|||
|
9270498251 |
Director Branko
Polanc Partizanska
cesta 41, 4260 Bled Slovenia |
16/08/2017 |
|
Company
addresses
|
Valid
from |
Residence
address |
Valid
until |
|
22/01/2007 |
Koroska
Bela, Cesta Borisa Kidrica 44, 4270 Jesenice, Slovenia Phone:
04 584 10 00 Telefax: 04 584 11 11 E-Mail:
uprava@acroni.si E-Mail:
info@acroni.si Web:
www.sij.acroni.si |
|
|
23/12/1992 |
Cesta
Borisa Kidricca 44, 4270 Jesenice, Slovenia |
26/06/1998 |
|
26/06/1998 |
C.
Zelezarjev 8, 4270 Jesenice, Slovenia |
22/01/2007 |
Subsidiaries
|
Crefo
Nr. |
Name
/ Address / Status |
Valid
from |
Share |
|
Owner |
|||
|
9270168482 |
ZELEZARNA
JESENICE, d.o.o. Statistical
Nr.: 5475619 Cesta
Zelezarjev 8, 4270 Jesenice Slovenia |
15/06/2015 |
100% |
|
9270160512 |
RAZVOJNI
CENTER JESENICE, druZba za razvoj novih materialov in tehnologij, d.o.o.
Statistical Nr.: 6005756 Cesta Franceta Preserna 61, 4270 Jesenice Slovenia |
21/06/2011 |
25% |
Business activities
|
Main
activity |
Nace |
|
Manufacture
of basic iron and steel and of ferro-alloys |
24.10 |
|
|
|
|
Additional
activities |
Nace |
company activity:
Production of steel and
steel products,trade, products:
stainless steel quarto plates
and wear resistant, high tensile, tool and other special steel quarto
plates,non-oriented electrical \ steel and hot and cold rolled coils in special
grades
Headquarters and
business-production premises are located on the \ address above
Economic data
Turnover
and Employees
|
Date |
Turnover |
Employees |
|
2010 |
385.795.539
EUR |
1462 |
|
2011 |
439.490.483
EUR |
1394 |
|
2012 |
435.488.573
EUR |
1254 |
|
2013 |
381.608.589
EUR |
1160 |
|
2014 |
419.416.011
EUR |
1127 |
|
2015 |
388.624.114
EUR |
1077 |
|
2016 |
350.150.423
EUR |
1150 |
|
2017 |
|
1255 |
Import
/ Export
|
|
Import |
Export |
|
Percentage |
0% |
0% |
|
Countries |
Germany,
Switzerland, Italy |
Italy,
Germany, Austria |
Properties
|
Name |
Detail |
Currency |
Value |
|
Business
premises |
Company's
property Cesta
Borisa Kidrica 44, Jesenice 4270, Slovenia |
|
Unknown |
|
Land
and buildings |
Company's
property per
31.12.2016 |
EUR |
70.829.509 |
Supplementary data
Remarks
full
name of the company:
SIJ
ACRONI, podjetje za proizvodnjo jekla in jeklenih izdelkov d.o.o.
Participation
in capital:
ZELEZARNA
JESENICE, d.o.o. (100% share) RCJ d.o.o. (24,95% share) (stand per 31.12.2016)
Banks
|
Code |
Bank
name / Address |
Account
Nr. |
|
122 |
ABANKA
d.d. Slovenska
cesta 58, 1517 Ljubljana , 1517, |
05100-8000043060 |
|
120 |
Addiko
Bank d.d. Dunajska
cesta 117, 1000 Ljubljana , 1000, |
33000-2584075432 |
|
106 |
Banka
Intesa Sanpaolo d.d. Pristaniska
14, 6502 Koper, 6502, |
10100-0045950932 |
|
106 |
Banka
Intesa Sanpaolo d.d. Pristaniska
14, 6502 Koper, 6502, |
SI56
101000055634927 |
|
110 |
GB
d.d., Kranj Bleiweisova
cesta 1, 4000 Kranj , 4000, |
07000-0000006298 |
|
100 |
NLBd.d. Trg
republike 2, 1520 Ljubljana , 1250, |
02923-0016844869 |
|
102 |
NOVA
KBM d.d. Ulica
Vita Kraigherja 4, 2505 Maribor , 2505, |
SI56
0451 5000 1793 262 |
|
116 |
Sberbank
d.d. Dunajska
cesta 128a, 1000 Ljubljana , 1000, |
30000-0080026491 |
|
116 |
Sberbank
d.d. Dunajska
cesta 128a, 1000 Ljubljana , 1000, |
SI56
3000 0028 0026 426 |
|
116 |
Sberbank
d.d. Dunajska
cesta 128a, 1000 Ljubljana , 1000, |
SI56
300000180026410 |
|
104 |
SKBd.d. Ajdovscina
4, 1513 Ljubljana , 1513, |
03100-1010492556 |
|
126 |
Sparkasse
d.d. Cesta
v Klece 15, 1000 Ljubljana , 1000, |
SI56
340001008384331 |
|
134 |
UNICREDIT
BANKA SLOVENIJA d.d. Smartinska
140, 1000 Ljubljana , 1000, |
29000-0001921621 |
Main indices
Payment
experience and credit opinion
|
Terms
of payment |
Slow but Correct |
(32) |
|
Business
connection |
Business connection appear premissable |
(31) |
Business
development
|
Company
development |
Constant |
(30) |
|
Business
course |
satisfactory |
(30) |
Events
No
negative events registered.
Balances
Balance
31.12.2016
The enclosed
balance of 2016 is originated from official source, it is authenticated by the
auditor. 31.12.2015 The
enclosed balance of 2015 is originated from official source, it is
authenticated by the auditor. 31.12.2014 The enclosed balance of 2014 is originated from
official source, it is not authenticated by the auditor. 31.12.2013 The enclosed balance of 2013
is originated from official source, it is not authenticated by the auditor.
|
|
|
31/12/2016 1 EUR balance |
31/12/2015 1 EUR balance |
31/12/2014 1 EUR balance |
31/12/2013 1 EUR balance |
|
Name |
Ref. |
||||
|
ASSETS (AKTIVA) |
|
431.530.314 |
430.665.806 |
419.601.726 |
439.226.117 |
|
LONG-TERM ASSETS |
|
315.321.820 |
286.575.810 |
267.092.100 |
279.091.649 |
|
Intangible
assets and long-term deferred costs and accrued revenues |
|
11.019.530 |
9.290.659 |
5.319.859 |
3.081.946 |
|
Intangible assets |
|
8.412.822 |
7.595.722 |
5.319.859 |
3.081.946 |
|
Long-term deferred costs and accrued revenues |
|
2.606.708 |
1.694.937 |
0 |
0 |
|
Tangible fixed assets |
|
276.887.215 |
254.623.314 |
247.484.575 |
255.454.296 |
|
Long-term
financial investments and Real estate investments |
|
8.245.219 |
8.247.252 |
1.631.475 |
5.872.890 |
|
Investment property |
|
67.591 |
69.624 |
71.657 |
73.690 |
|
Long-term financial investments |
|
8.177.628 |
8.177.628 |
1.559.818 |
5.799.200 |
|
Long-term operating receivables |
|
1.960.206 |
2.040.309 |
1.860.551 |
3.117.099 |
|
Deferred receivables for taxes |
|
17.209.650 |
12.374.276 |
10.795.640 |
11.565.418 |
|
SHORT-TERM
ASSETS |
|
113.700.869 |
143.674.093 |
152.139.208 |
159.777.396 |
|
Assets (group for estrange) for sell |
|
77.000 |
499.800 |
499.800 |
0 |
|
Inventories |
|
71.018.266 |
56.754.065 |
50.433.315 |
54.579.946 |
|
Short-term financial investments |
|
113.158 |
83.479 |
0 |
12.328.635 |
|
Short-term operating receivables |
|
38.138.964 |
62.207.127 |
87.445.400 |
77.787.004 |
|
|
|
|
|
|
|
|
Cash assets |
|
4.353.481 |
24.129.622 |
13.760.693 |
15.081.811 |
|
Short-term
deferred costs and accrued revenues |
|
2.507.625 |
415.903 |
370.418 |
357.072 |
|
Off-balance sheet items |
|
0 |
28.259.364 |
0 |
0 |
|
LIABILITIES |
|
431.530.314 |
430.665.806 |
419.601.726 |
439.226.117 |
|
CAPITAL |
|
175.325.616 |
173.355.916 |
166.875.131 |
155.553.553 |
|
Called-up capital |
|
85.000.000 |
85.000.000 |
83.458.521 |
83.458.521 |
|
Basic (subscribed) capital |
|
85.000.000 |
85.000.000 |
83.458.521 |
83.458.521 |
|
Non called-up capital (deductive item) |
|
0 |
0 |
0 |
0 |
|
Capital reserves |
|
16.467.743 |
16.467.743 |
10.130.994 |
10.130.994 |
|
Reserves from profit |
|
3.410.286 |
3.600.747 |
3.600.747 |
3.600.747 |
|
Surplus from revaluation |
|
0 |
-190.461 |
0 |
0 |
|
Retained net |
|
70.447.587 |
68.477.887 |
69.684.869 |
58.363.291 |
|
Net business result for the business year |
|
0 |
0 |
0 |
0 |
|
PROVISIONS
AND LONG-TERM ACCRUED COSTS AND DEFERRED REVENUES |
|
4.580.618 |
4.580.618 |
3.702.636 |
3.702.636 |
|
FINANCIAL
AND BUSINESS LIABILITIES |
|
251.417.731 |
252.511.729 |
248.514.608 |
278.685.226 |
|
LONG-TERM LIABILITIES |
|
63.098.152 |
98.073.107 |
90.201.514 |
103.186.922 |
|
Long-term financial liabilities |
|
62.660.398 |
97.502.175 |
89.474.515 |
103.032.830 |
|
Long-term operating liabilities |
|
437.754 |
570.932 |
726.999 |
154.092 |
|
Deferred liabilities for taxes |
|
0 |
0 |
0 |
0 |
|
SHORT-TERM
LIABILITIES |
|
188.319.579 |
154.438.622 |
158.313.094 |
175.498.304 |
|
Liabilities, included in groups for estrange |
|
475.206 |
201.206 |
136.996 |
0 |
|
Short-term financial liabilities |
|
34.912.649 |
31.952.465 |
39.291.282 |
57.901.515 |
|
Short-term operating liabilities |
|
152.931.724 |
122.284.951 |
118.884.816 |
117.596.789 |
|
SHORT-TERM ACCRUED COSTS AND DEFERRED REVENUES |
|
206.349 |
217.543 |
509.351 |
1.284.702 |
|
Off-balance sheet items |
|
0 |
28.259.364 |
0 |
0 |
Profit
and loss accounts
31.12.2016 The enclosed profit and loss account of 2016 is originated from
official source, it is authenticated by the auditor.
31.12.2015 The enclosed profit and loss account of 2015 is originated from
official source, it is authenticated by the auditor.
31.12.2014 The enclosed profit and loss account of 2014 is originated from
official source, it is not authenticated by the auditor.
31.12.2013 The enclosed profit and loss account of 2013 is originated from official source, it is not authenticated by the auditor
|
|
|
31/12/2016 1 EUR profit and loss account |
31/12/2015 1 EUR profit and loss account |
31/12/2014 1 EUR profit and loss account |
31/12/2013 1 EUR profit and loss account |
|
||
|
Name |
Ref. |
|
|
|
|
|
||
|
Net sales |
|
337.136.182 |
380.470.348 |
419.286.628 |
368.700.113 |
|
||
|
Changes in the value of inventories of products and work-in-process |
|
7.093.603 |
4.550.703 |
-5.416.731 |
10.215.546 |
|
||
|
Capitalised own products and own
services |
|
0 |
0 |
0 |
0 |
|
||
|
Other operating revenues (with
subventions, grants,...) |
|
5.162.687 |
3.095.176 |
4.298.195 |
1.983.087 |
|
||
|
GROSS OPERATING YIELD |
|
349.392.472 |
388.116.227 |
418.168.092 |
380.898.746 |
|
||
|
Cost of goods, material and services |
|
276.433.151 |
315.062.272 |
337.334.679 |
319.911.201 |
|
||
|
Purchase
value of goods and materials sold and cost of material and cost of material
used |
|
315.062.272 |
0 |
0 |
||||
|
Cost
of services |
|
0 |
0 |
0 |
||||
|
Labour
cost |
|
33.452.467 |
32.138.579 |
31.752.616 |
31.329.740 |
|||
|
Cost
of wages |
|
25.180.720 |
24.002.034 |
24.199.204 |
23.180.749 |
|||
|
Cost
of pension insurance |
|
0 |
0 |
0 |
0 |
|||
|
Cost
of other social insurance |
|
4.160.463 |
3.968.858 |
4.027.086 |
3.789.823 |
|||
|
Other
labour cost |
|
4.111.284 |
4.167.687 |
3.526.326 |
4.359.168 |
|||
|
Write-offs |
|
26.281.190 |
24.849.416 |
24.134.732 |
24.256.537 |
|||
|
Depreciation |
|
26.281.190 |
24.849.416 |
24.134.732 |
24.256.537 |
|||
|
Revaluation
operating expenses for non-tangible assets and tangible fixed assets |
|
0 |
0 |
0 |
0 |
|||
|
Revaluation
operating expenses for current assets |
|
0 |
0 |
0 |
0 |
|||
|
Other
operating expenses |
|
4.374.258 |
4.300.920 |
4.543.143 |
4.782.052 |
|||
|
OPERATING
REVENUES |
|
342.298.869 |
383.565.524 |
423.584.823 |
370.683.200 |
|||
|
OPERATING
EXPENSES |
|
340.541.066 |
376.351.187 |
397.765.170 |
380.279.530 |
|||
|
OPERATING
RESULT |
|
1.757.803 |
7.214.337 |
25.819.653 |
-9.596.330 |
|||
|
EBIT |
|
8.851.406 |
11.765.040 |
20.402.922 |
619.216 |
|||
|
Financial
income from investments in other enterprises |
|
|
|
|
||||
|
Financial
income from loans |
|
|
|
|
||||
|
Financial
income from operating receivables |
|
|
|
|
||||
|
Financial
expenses from depreciation and writeoffs of financial investments |
|
|
|
|
||||
|
Financial
expenses from financial liabilities |
|
|
|
|
||||
|
Financial
expenses from operating liabilities |
|
|
|
|
||||
|
Financial
income |
|
757.951 |
507.887 |
1.247.919 |
709.843 |
|||
|
Financial
expenses |
|
8.475.031 |
9.058.545 |
9.559.485 |
9.288.626 |
|||
|
Other
revenues |
|
0 |
0 |
0 |
0 |
|||
|
Other
expenses |
|
0 |
0 |
0 |
0 |
|||
|
Total
revenues |
|
350.150.423 |
388.624.114 |
419.416.011 |
381.608.589 |
|||
|
Total
costs |
|
349.016.097 |
385.409.732 |
407.324.655 |
389.568.156 |
|||
|
Total
business result |
|
1.134.326 |
3.214.382 |
12.091.356 |
-7.959.567 |
|||
|
Tax
on profit |
|
0 |
0 |
0 |
0 |
|||
|
Deferred
taxs |
|
4.835.374 |
-1.578.636 |
769.778 |
-3.624.248 |
|||
|
Net
business result for the accounting period |
|
5.969.700 |
4.793.018 |
11.321.578 |
-4.335.319 |
|||
Financial
Ratios
|
Name |
Ref. |
31/12/2016 |
31/12/2015 |
31/12/2014 |
31/12/2013 |
|
Equity
ratio |
1 |
0,20 |
0,20 |
0,20 |
0,19 |
|
Cleared
equity ratio |
2 |
0,20 |
0,20 |
0,20 |
0,19 |
|
Current
liquidity |
3 |
0,60 |
0,93 |
0,96 |
0,91 |
|
Quick
liquidity |
4 |
0,23 |
0,56 |
0,64 |
0,60 |
|
Working
capital |
5 |
-74618710,00 |
-10764529,00 |
-6173886,00 |
-15720908,00 |
|
Gearing |
6 |
5,08 |
5,07 |
5,03 |
5,26 |
|
Cleared
gearing |
7 |
1,15 |
1,52 |
1,54 |
1,93 |
|
Profitability |
8 |
0,32 |
0,83 |
2,88 |
-2,09 |
|
Operating
profitability |
9 |
1,70 |
1,23 |
2,70 |
-1,14 |
|
Stock
days |
10 |
74,03 |
53,30 |
43,89 |
52,20 |
|
Debtor
days |
11 |
39,76 |
58,43 |
76,10 |
74,40 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.39 |
|
|
1 |
INR 85.74 |
|
Euro |
1 |
INR 76.25 |
|
Euro |
1 |
INR 76.47 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
TRU |
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.