|
|
|
MIRA INFORM REPORT
|
Report No. : |
487440 |
|
Report Date : |
20.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
CANTOLIVA SA |
|
|
|
|
Registered Office : |
Zona Industrial
1, Lotes 16 / 17 3060-197-Cantanhede Coimbra |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2016 |
|
|
|
|
Date of Incorporation : |
03.17.1997 |
|
|
|
|
Legal Form : |
Joint Stock
Company |
|
|
|
|
Line of Business : |
Subject is engaged in Preparation
and storage of fruits and vegetables by other processes. |
|
|
|
|
No. of Employees : |
56 |
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 : |
Good |
|
|
|
|
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 (30.06.2017) |
Current Rating (30.09.2017) |
|
Portugal |
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 |
PORTUGAL - ECONOMIC OVERVIEW
Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country joined the Economic and Monetary Union in 1999 and began circulating the euro on 1 January 2002 along with 11 other EU members.
The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. The economy contracted in 2009, and fell again from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. Portugal successfully exited its EU-IMF program in May 2014. A modest recovery gathered steam in 2015 due to strong export performance and a rebound in private consumption. GDP strengthened in the last two quarters of 2016 and reached 2.5% growth in 2017. Unemployment remained high, at 9.7% in 2017, but has improved steadily since peaking at 18% in 2013.
The center-left minority Socialist government has unwound some unpopular austerity measures while managing to remain within most EU fiscal targets. The budget deficit fell from 11.2% of GDP in 2010 to 1.8% in 2017, the country’s lowest since democracy was restored in 1974, and surpassing the EU and IMF projections of 3%. Portugal exited the EU’s excessive deficit procedure in mid-2017.
|
Source
: CIA |
Company
name and address
CANTOLIVA SA
Núm. Contribuinte: 503853925 | Trust N.º: 427300
FINANCIAL
HIGHLIGHTS
|
|
2014 |
2015 |
2016 |
|
net sales |
7.718.905,82 |
8.060.196,17 |
9.311.840,97 |
|
net income for the year |
468.494,96 |
329.645,17 |
226.048,83 |
|
Shareholders funds |
2.919.156,54 |
3.124.986,29 |
3.301.376,10 |
|
stocks |
998.427,67 |
1.185.211,65 |
1.713.405,50 |
|
liability |
4.011.184,72 |
3.600.342,15 |
4.205.955,60 |
|
assets |
6.930.341,26 |
6.725.328,44 |
7.507.331,70 |
SUMMARY
|
Legal
Form |
Joint
Stock Company |
|
Constitution |
17-03-1997 |
|
V.A.T.
Number / NIF |
503853925 |
|
Employees |
56 |
|
Capital |
250.000,00 |
|
Sales
in : 31-12-2016 |
9.311.840,97 |
|
Shareholders
Fundsin: 31-12-2016 |
3.301.376,10 |
|
Actual
Condition |
In
activity |
TAX
SITUATION
On
this date the subject is Not registered in the debtors list of the tax
authorities
CONTRIBUTIVE
SITUATION (SOCIAL SECURITY)
At
present date, the company is not in Social Security debt list
INSOLVENCIES
/ REVITALIZATION PROCESSES
NO
IDENTIFICATION
Name CANTOLIVA SA
Trust
Nº. 427300
|
V.A.T.
Number / NIF |
503853925 |
|
Address |
Zona
Industrial 1, Lotes 16 / 17 |
|
Postal
Code |
3060-197-CANTANHEDE |
|
Municipality |
CANTANHEDE |
|
District |
COIMBRA |
|
Country
|
Portugal |
|
Telephone |
231419590,
231429195 |
|
Fax |
231419599 |
|
E-Mail |
geral@cantoliva.pt |
|
Web
Site |
www.cantoliva.pt |
|
CAE
Main |
10395-
Preparation and storage of fruits and vegetables by other processes |
GOVERNING
BODIES
|
Board
of Director's |
|
|
JOAQUIM
MARTINS DOMINGOS |
Board
of Director's President |
|
ADELIA DAMASIO MARCELINO DOMINGOS |
Administrator |
|
Fiscal
Board |
|
|
JOAO
MARTINS VIANA |
Unique
Fiscal |
|
ELISABETE PEREIRA ABRANTES GARRUCO |
Fiscal
Board Substitute |
LEGAL STRUCTURE
Registed
on the Register Record Office of Cantanhede with the Register Number 503853925 previous
number 876 in 17-03-1997
Constitution
celebrated in 17-03-1997 published on Diário da República number 180 of
06-08-1997
To
oblige the company it is necessary 1 signatures
CHANGES
TO SOCIETY
In
21-07-2017 on Portal MJ of 21-07-2017
annual financial statements
In
05-07-2017 on Portal MJ of 05-07-2017 change in to a joint stock company
In
23-07-2016 on Portal MJ of 23-07-2016 annual financial statements
In
20-07-2015 on Portal MJ of 20-07-2015 annual financial statements
In
17-07-2014 on Portal MJ of 17-07-2014 annual financial statements
In
19-07-2013 on Portal MJ of 19-07-2013 annual financial statements
In
13-07-2012 on Portal MJ of 13-07-2012
annual financial statements
CAPITAL
The
Capital is 250.000, 00 , divided in 250000 shares , with a nominal value of
1,00
BIOGRAPHIES
Name JOAQUIM
MARTINS DOMINGOS
Funtion
Board
of Director's President
Professional
Connections The subject has
connections with the following company (ies)
CANTOLIVA II-DISTRIBUICAO DE PRODUTOS
ALIMENTARES LDA as Managing-Partner
with a participation of 2.500,00 , in a capital of 5.000,00 .
MIROLIVA II-ALIMENTAR
SA as Board of Director's President .
Name ADELIA
DAMASIO MARCELINO DOMINGOS Funtion Administrator
Professional
Connections The subject has
connections with the following company (ies) MIROLIVA II-ALIMENTAR SA as Board
of Director's Member .
ACTIVITIES
Main
CAE 10395- Preparation and storage of fruits and vegetables by other processes
BUSINESS
DESCRIPTION
PREPARAÇÃO
E CONSERVAÇÃO DE FRUTOS E DE PRODUTOS HORTÍCOLAS.TRANSFORMAÇÃO DE CEREAIS E
LEGUMINOSAS.PRODUÇÃO E COMERCIO DE AZEITE.COMÉRCIO POR GROSSO DE PRODUTOS
ALIMENTARES.
GEOGRAPHIC
DISTRIBUTION OF SALES
|
|
INTERNAL
MARKET |
|
|
|
|
INTERNATIONAL
MARKET |
|
|
YEAR |
|
|
EU |
|
EXTRA-EU |
|
TOTAL |
|
2015 |
8.060.196,17 |
100,00% |
0,00 |
0,00% |
0,00 |
0,00% |
8.060.196,17 |
|
2014 |
6.500.396,52 |
84,21%
|
1.065.018,02 |
13,80% |
153.491,28 |
1,99% |
7.718.905,82 |
|
2013 |
5.922.491,69 |
85,00%
|
914.319,10 |
13,12% |
130.774,05 |
1,88% |
6.967.584,84 |
|
2012 |
4.830.042,07 |
81,65%
|
938.190,85 |
15,86% |
147.236,86 |
2,49% |
5.915.469,78 |
|
2011 |
4.649.549,82 |
79,02%
|
1.093.533,80 |
18,58% |
141.242,80 |
2,40% |
5.884.326,42 |
GEOGRAPHIC
DISTRIBUTION OF PURCHASES
|
|
INTERNAL
MARKET |
|
|
INTERNATIONAL |
|
|
|
|
|
|
|
|
MARKET |
|
|
|
|
YEAR |
|
|
EU |
|
|
EXTRA-EU |
TOTAL |
|
2015 |
4.126.106,05 |
61,38% |
2.596.439,11 |
38,62%
|
0,00 |
0,00% |
6.722.545,16 |
|
2014 |
3.878.767,38 |
60,60% |
2.505.198,86 |
39,14%
|
16.983,00 |
0,27% |
6.400.949,24 |
|
2013 |
3.428.591,55 |
59,00% |
2.339.371,56 |
40,25%
|
43.672,05 |
0,75% |
5.811.635,16 |
|
2012 |
2.338.591,12 |
51,10% |
1.867.939,95 |
40,82%
|
369.590,25 |
8,08% |
4.576.121,32 |
|
2011 |
2.267.615,26 |
48,24% |
2.132.284,78 |
45,36%
|
300.929,19 |
6,40% |
4.700.829,23 |
INCIDENTS
INSOLVENCIES /
REVITALIZATION PROCESSES
NO
TAX
SITUATION
On
this date the subject is Not registered in the debtors list of the tax
authorities
CONTRIBUTIVE
SITUATION (SOCIAL SECURITY)
At
present date, the company is not in Social Security debt list
LEGAL ACTIONS
|
Date |
05-02-2013 |
|
Process |
206514/12.0YIPRT |
|
Author |
Inova
- Empresa de Desenvolvimento Económico e Social de Cantanhede - Em |
|
Type |
Special
Action of Pecuniary Obligation |
|
Amount |
24.705,35 |
|
Judicial
District |
Cantanhede
- Tribunal Judicial |
EMPLOYEES
|
YEAR |
TOTAL |
MEN |
|
WOMEN |
|
|
2016 |
56 |
14 |
25% |
42 |
75% |
|
2015 |
54 |
14 |
26% |
40 |
74% |
|
2014 |
54 |
14 |
26% |
40 |
74% |
|
2013 |
50 |
12 |
24% |
38 |
76% |
|
2012 |
53 |
13 |
25% |
40 |
75% |
HEAD
OFFICE AND INSTALLATIONS
Has
head office Zona Industrial 1, Lotes 16 / 17, 3060-197, CANTANHEDE
PARTICIPATIONS
DIRECT
PARTICIPATIONS
|
NAME |
MIROLIVA
II-ALIMENTAR SA |
|
Trust
Nº. |
1423404 |
|
Address |
Rua
da Estrada Nova |
|
Locality
|
3070-125
MIRA |
|
Country
|
PORTUGAL |
|
C.A.E. |
10395-
Preparation and storage of fruits and vegetables by other processes |
|
Capital |
250.020,00 |
|
Participation |
99,99% |
FINANCIAL
DEMONSTRATION SNC
BALANCE
SHEET SNC
COINEUROS YEAR:2016
|
|
|
|
|
|
|
ASSET |
2016 |
2015 |
2014 |
%VAR.2016/15 |
|
NON-CURRENT
ASSETS |
|
|
|
|
|
Tangible
fixed assets |
2.941.126,09 |
3.051.796,91 |
2.906.889,63 |
(3,63)% |
|
Investment
properties |
- |
- |
- |
- |
|
Goodwill |
- |
- |
- |
- |
|
Intangible
assets |
3.402,32 |
- |
- |
- |
|
Biological
assets |
- |
- |
- |
- |
|
Financial
participations - patrimonial equity method |
- |
- |
- |
- |
|
Financial
participations - other methods |
291.798,79 |
276.500,00 |
284.500,00 |
5,53% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other
financial assets |
- |
700,95 |
232,91 |
- |
|
Deferred
tax assets |
49.659,02 |
49.659,02 |
123.815,42 |
- |
|
Financial
investments(exclusive use by small entities and micro entities) |
- |
- |
- |
- |
|
Total |
3.285.986,22 |
3.378.656,88 |
3.315.437,96 |
(2,74)%
|
CURRENT
ASSETS
|
Inventories |
1.713.405,50 |
1.185.211,65 |
998.427,67 |
44,57% |
|
Biological
assets |
- |
- |
- |
- |
|
Costumers |
1.931.514,45 |
1.620.017,84 |
1.603.034,33 |
19,23% |
|
Advances
to suppliers |
39.564,42 |
29.207,76 |
41.326,11 |
35,46% |
|
State
and other public entities |
17.340,18 |
8.590,70 |
22.267,00 |
101,85% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other
accounts receivable |
379.149,29 |
459.637,57 |
363.614,21 |
(17,51)% |
|
Deferrals |
13.463,40 |
6.742,71 |
4.944,56 |
99,67% |
|
Financial
assets held for trading |
1.000,00 |
1.000,00 |
- |
- |
|
Other
financial assets |
- |
- |
1.000,00 |
- |
|
Non-current
assets held for sale |
- |
- |
- |
- |
|
Other
current assets |
- |
- |
- |
- |
|
Cashier
and bank deposits |
125.908,24 |
36.263,33 |
580.289,42 |
247,21% |
|
Total |
4.221.345,48 |
3.346.671,56 |
3.614.903,30 |
26,14% |
|
TOTAL
ASSET |
7.507.331,70 |
6.725.328,44 |
6.930.341,26 |
11,63%
|
SHAREHOLDERS
FUNDS AND LIABILITIES
SHAREHOLDERS
FUNDS
|
Capital |
49.879,79 |
49.879,79 |
49.879,79 |
- |
|
Own
shares |
- |
- |
- |
- |
|
Other
shareholders funds instruments |
1.147.235,16 |
1.147.235,16 |
1.147.235,16 |
- |
|
Emission
premiuns |
- |
- |
- |
- |
|
Legal
reserves |
90.338,57 |
76.339,26 |
59.105,28 |
18,34% |
|
Other
reserves |
62.080,00 |
62.080,00 |
62.080,00 |
- |
|
Net
retained |
1.725.793,75 |
1.459.806,91 |
1.132.361,35 |
18,22% |
|
Adjustments
on financial assets |
- |
- |
- |
- |
|
Revaluation
surplus |
- |
- |
- |
- |
|
Other
shareholders funds changes |
- |
- |
- |
- |
|
Total |
3.075.327,27 |
2.795.341,12 |
2.450.661,58 |
10,02% |
|
Net
income for the period |
226.048,83 |
329.645,17 |
468.494,96 |
(31,43)% |
|
Antecipated
dividends |
- |
- |
- |
- |
|
TOTAL
OF SHAREHOLDERS FUNDS |
3.301.376,10 |
3.124.986,29 |
2.919.156,54 |
5,64% |
|
LIABILITY |
|
|
|
|
|
NON-CURRENT
LIIABILITIES |
|
|
|
|
|
Provisions |
33.396,21 |
33.396,21 |
33.396,21 |
- |
|
Financing
obtained |
1.762.280,41 |
1.702.634,34 |
2.005.286,27 |
3,50% |
|
Responsability
for post-employment beneficts |
- |
- |
- |
- |
|
Diferred
taxes liabilities |
- |
- |
- |
- |
|
Other
payable accounts |
- |
- |
- |
- |
|
Total |
1.795.676,62 |
1.736.030,55 |
2.038.682,48 |
3,44% |
|
CURRENT
LIABILITIES |
|
|
|
|
|
Suppliers |
2.018.067,77 |
1.559.951,09 |
1.801.307,40 |
29,37% |
|
Advances
from costumers |
24.008,56 |
955,00 |
- |
2.413,99% |
|
State
and other public entities |
111.465,77 |
134.965,92 |
107.811,62 |
(17,41)% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Financing
obtained |
168.446,88 |
80.149,59 |
3.383,22 |
110,17% |
|
Other
payable accounts |
88.290,00 |
88.290,00 |
60.000,00 |
- |
|
Deferrals |
- |
- |
- |
- |
|
Financial
liabilities held for trading |
- |
- |
- |
- |
|
Other
financial liabilities |
- |
- |
- |
- |
|
Non-current
liabilities held for sale |
- |
- |
- |
- |
|
Other
current liabilities |
- |
- |
- |
- |
|
Total
|
2.410.278,98 |
1.864.311,60 |
1.972.502,24 |
29,29%
|
|
TOTAL
LIABILITIES |
4.205.955,60 |
3.600.342,15 |
4.011.184,72 |
16,82% |
|
TOTAL
SHAREHOLDERS FUNDS AND LIABILITIES |
7.507.331,70 |
6.725.328,44 |
6.930.341,26 |
11,63% |
|
|
|
|
|
|
|
|
|
|
|
|
|
INCOME
STATEMENT |
|
|
|
|
|
|
|
|
|
|
|
INCOME
AND EXPENSES |
|
|
|
|
|
|
|
|
|
|
|
Sales
and services |
9.311.840,97 |
8.060.196,17 |
7.718.905,82 |
15,53% |
|
Operating
government grants |
- |
- |
- |
- |
|
Gains/losses
allocated subsidiaries, associates and joint ventures |
- |
- |
25,35 |
- |
|
Variation
in production inventories |
216.093,81 |
210.756,27 |
- |
2,53% |
|
Work
for the entity itself |
- |
- |
- |
- |
|
Cost
of goods sold and materials consumed |
6.978.156,89 |
5.590.128,93 |
5.189.497,34 |
24,83% |
|
Suppliers
and external services |
1.146.215,35 |
1.156.388,52 |
1.039.593,23 |
(0,88)% |
|
Personnel
costs |
747.895,78 |
725.506,25 |
677.825,42 |
3,09% |
|
Impairment
of inventories (losses/revearsals) |
- |
- |
- |
- |
|
Impairment
of receivables (losses/revearsals) |
- |
- |
- |
- |
|
Provisions
(increases/reductions) |
- |
- |
- |
- |
|
Impairment
of investments not depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
Other
impairments (losses/reversals)/impairments (losses/reversals) (exclusive use by
small entities and microentities) |
- |
- |
- |
- |
|
Increases/decreases
in fair value |
|
- |
- |
- |
|
Other
income and gains |
19.170,06 |
20.460,90 |
23.977,13 |
(6,31)% |
|
Other
expenses and losses |
59.484,40 |
67.066,90 |
56.871,15 |
(11,31)% |
|
Result
before depreciation, financing costs and taxes |
615.352,42 |
752.322,74 |
779.121,16 |
(18,21)% |
|
Expenses/reversals
of depreciation and amortization |
335.010,04 |
317.770,95 |
244.899,63 |
5,43% |
|
Impairment
of investments depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
Operating
result (before financing costs and taxes) |
280.342,38 |
434.551,79 |
534.221,53 |
(35,49)% |
|
Interest
and similar income obtained |
- |
- |
- |
- |
|
interest
and similar expenses incurred |
43.164,01 |
63.048,62 |
78.579,96 |
(31,54)% |
|
Net
before taxes |
237.178,37 |
371.503,17 |
455.641,57 |
(36,16)% |
|
Income
tax of the period |
11.129,54 |
41.858,00 |
(12.853,39) |
(73,41)% |
|
Net
profit for the period |
226.048,83 |
329.645,17 |
468.494,96 |
(31,43)% |
|
Net
profit for the period |
226.048,83 |
329.645,17 |
468.494,96 |
(31,43)% |
|
Results
of discontinued operations (net of taxes) included in the net icome of the
period |
- |
- |
- |
- |
RATIOS
SNC
|
YEAR |
2016 |
2015 |
2014 |
|
TURNOVER
RATIOS |
|
|
|
|
Shareholder's
Funds Profitability (Net Income /
Shareholders Funds) (%) |
6,85 |
10,55 |
16,05 |
|
Return
on Assets (Operating Result / Total
Asset)(%) |
3,73 |
6,46 |
7,71 |
|
Sales
Net Profitability (Net Income / Sales) (%) |
2,43 |
4,09 |
6,07 |
|
EFFICIENCY
RATIOS |
|
|
|
|
Medium
Term Receivable (Costumers / Sales) *
365 (d) |
75,71 |
73,36 |
75,80 |
|
Asset
Rotation (Sales / Toral Asset) (%) |
124,04 |
119,85 |
111,38 |
|
PRODUCTIVITY
RATIOS |
|
|
|
|
Gross
Added Value / Employee (#) |
24.343,72 |
27.367,20 |
26.980,02 |
|
Sales
/ Employee (#) |
166.282,87 |
149.262,89 |
142.942,70 |
|
Productivity
(Gross Added Value / Personnel costs)
(#) |
1,82 |
2,04 |
2,15 |
|
SHORT
TERM RATIOS |
|
|
|
|
General Liquidity (Current Assets / Current Liabilities) (#) |
1,75 |
1,80 |
1,83 |
|
Reduced
Liquidity (Current Assets -
Inventories / Current Liabilities)
(#) |
1,04 |
1,16 |
1,33 |
|
Immediate
Liquidity (Cashier and bank deposits / Current Liabilities) (#) |
0,05 |
0,02 |
0,29 |
|
MEDIUM
LONG TERM RATIOS |
|
|
|
|
Financial
Autonomy (Shareholders Funds / Total Asset) (%) |
43,98 |
46,47 |
42,12 |
|
Solvability(Shareholders Funds
/ Total Liabilities) (%) |
78,49 |
86,80 |
72,78 |
|
Debt Structure (Current Liabilities / Total Liabilities) (%) |
57,31 |
51,78 |
49,18 |
|
General
Debt (Total Liabilities / Total
Asset) (%) |
56,02 |
53,53 |
57,88 |
|
Debt Capacity (Shareholders Funds / Shareholders
Funds+ Non Current Liabilities)(%) |
64,77 |
64,29 |
58,88 |
|
Capital
Structure (Shareholder's Funds / Non Current Liabilities) (%) |
183,85 |
180,01 |
143,19 |
|
OPERATIONAL
AND FINANCIAL RISK |
|
|
|
|
Operational Leverage Level (OLL) (Gross Margin / Operating Result)
(#) |
8,32 |
5,68 |
4,73 |
|
Financial
Leverage Level (FLL) (Gross Operating
Profit / Operating Result) (#) |
1,18 |
1,17 |
1,17 |
|
Combined
Leverage Level (OLL x FLL) (#) |
9,84 |
6,65 |
5,55 |
EMPLOYEE
BENEFITS, COMPANY EMPLOYEES AND PERSONNEL COSTS
|
RUBRICS |
AVERAGE NUMBER OF EMPLOYEES |
AVERAGE NUMBER OF HOURS
WORKED |
|
Company employees, |
|
|
|
Paid company employees paid and unpaid
|
56 |
82.131 |
|
Paid company employees |
56 |
82.131 |
|
Company UNPAID employees |
0 |
-- |
|
Full time company employees |
56 |
82.131 |
|
Company employees, by type of
working hours |
|
|
|
Full time company employees |
56 |
82.131 |
|
Of which: Full time company employees |
56 |
82.131 |
|
Part Time company employees |
-- |
-- |
|
Of which: Part time company employees |
-- |
-- |
|
Company employees, by gender |
|
|
|
Men |
14 |
20,533 |
|
Women |
42 |
61,598 |
|
Company employees assigned to
Research and Development |
-- |
-- |
|
Service Providers |
-- |
-- |
|
People placed through temporary employment agencies |
-- |
-- |
PROFIT
APLICATION ACCORDING TO THE DELIBERATION THAT APPROVED THE FINANCIAL YEAR'S
ACCOUNTS
|
RUBRICS |
2016 |
2015 |
|
Retained
earnings |
1.951.842,58 |
1.789.452,08 |
|
Allocated
results / Available profits |
0,00 |
0,00 |
|
Percentages
or bonuses to managing bodies |
- |
- |
|
Ditto
to staff |
- |
- |
|
Reserves |
11.302,44 |
16.482,26 |
|
Coverage
of losses |
- |
- |
|
7.
Others |
- |
- |
|
BALANCE
(1-2-3-4-5-6-7) |
1.940.540,14 |
1.772.969,82 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.71 |
|
|
1 |
INR 88.64 |
|
Euro |
1 |
INR 78.14 |
|
EURO |
1 |
INR 78.03 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
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.