|
|
|
MIRA INFORM REPORT
|
Report No. : |
516596 |
|
Report Date : |
26.06.2018 |
IDENTIFICATION DETAILS
|
Name : |
SALVAGNINI ITALIA S.P.A. |
|
|
|
|
Registered Office : |
Via Guido Salvagnini, 51, 36040 - Sarego (VI) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
30.04.2016 |
|
|
|
|
Date of Incorporation : |
07.05.1993 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
·
Manufacture of other electrical equipment ·
Manufacture of other special-purpose machinery
n.e.c. (including spare parts and accessories) ·
Installation of equipment for measuring,
controlling, testing, navigating and similars ( including equipment for
controlling industrial processes) ·
Software publishing |
|
|
|
|
No. of Employees : |
From 500 to 750 |
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+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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 (31.12.2017) |
Current Rating (01.04.2018) |
|
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 comprises 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
SALVAGNINI ITALIA S.P.A.
Via Guido Salvagnini, 51
36040 - Sarego (VI) -IT-
Summary
|
Fiscal Code |
: |
02338250240 |
|
Legal Form |
: |
Joint Stock Company |
|
start of Activities |
: |
19/05/1993 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
over 129.114.224 |
|
Number of Employees |
: |
From 500 to 750 |
Activity
Manufacture of other electrical equipment
Manufacture of other special-purpose machinery n.e.c. (including spare
parts and accessories)
Installation of equipment for measuring, controlling, testing,
navigating and similars ( including equipment for controlling industrial
processes)
Software publishing
Legal
Data
Legal Form : Joint stock company
|
Fiscal Code : 02338250240 |
|
Foreign Trade Reg. no. : 039193 of Vicenza since 02/06/1995 |
|
Chamber of Commerce no. : 174721 of Piacenza |
|
Chamber of Commerce no. : 138064 of Trento |
|
Chamber of Commerce no. : 223845 of Vicenza since 28/05/1993 |
|
Firms' Register : VI116-29192 of Vicenza since 19/02/1996 |
|
V.A.T. Code : 02338250240 |
|
Tribunal Co. Register : 29192 of since 26/05/1993 |
|
Foundation date |
: 07/05/1993 |
|
|
Establishment date |
: 07/05/1993 |
|
|
Start of Activities |
: 19/05/1993 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 25.000.000 |
|
|
Subscribed Capital |
: 25.000.000 |
|
|
Paid up Capital |
: 25.000.000 |
|
Legal mail : |
SALVAGNINIGROUP@LEGALMAIL.IT |
Members
|
|
Scarpari |
Francesco |
|
|
Born in Vicenza |
(VI) |
on 03/10/1955 |
- Fiscal Code : SCRFNC55R03L840N |
|
|
Residence: |
Guido Salvagnini |
, 51 |
- 36040 |
Sarego |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
06/09/2017 |
||
|
Board Chairman |
06/09/2017 |
||
|
Managing Director |
06/09/2017 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Lualdi |
Stefano |
|
|
Born in Milano |
(MI) |
on 03/02/1967 |
- Fiscal Code : LLDSFN67B03F205O |
|
|
Residence: |
G. Puccini |
, 9 |
- 20023 |
Cerro Maggiore |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
22/12/2016 |
||
|
Director |
06/09/2017 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Conchetto |
Michele |
|
|
Born in Venezia |
(VE) |
on 13/09/1961 |
- Fiscal Code : CNCMHL61P13L736G |
|
|
Residence: |
Castello |
, 6634 |
- 30122 |
Venezia |
(VE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
28/02/2018 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Sianesi |
Andrea |
|
|
Born in Milano |
(MI) |
on 25/11/1961 |
- Fiscal Code : SNSNDR61S25F205K |
|
|
Residence: |
Vincenzo Monti |
, 5 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
06/09/2017 |
|
|
Salvagnini Holding S.p.a. |
|
|
Residence: |
Guido Salvagnini |
, 51 |
- 36040 |
Sarego |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
14/05/2009 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bonuzzi |
Tommaso |
|
|
Born in Bussolengo |
(VR) |
on 20/12/1969 |
- Fiscal Code : BNZTMS69T20B296G |
|
|
Residence: |
Alessandro Manzoni |
, 28 |
- 37011 |
Bardolino |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
22/12/2016 |
|
|
No Prejudicial events are reported |
|
|
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.
|
|
Scarpari |
Francesco |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
SALVAGNINI S.P.A. |
Sarego (VI) - IT - |
00888490240 |
Sole Director |
Withdrawn |
Registered |
|
Omera S.r.l. |
Schio (VI) - IT - |
08808900156 |
Director |
Withdrawn |
Registered |
|
SALVAGNINI MECCANICA S.P.A. |
Rovereto (TN) - IT - |
01977570249 |
Sole Director |
Withdrawn |
Registered |
|
Salvagnini Industriale S.p.a. |
Montefredane (AV) - IT - |
02092500640 |
Director |
Active |
Registered |
|
Salvagnini Industriale S.p.a. |
Montefredane (AV) - IT - |
02092500640 |
Board Chairman |
Active |
Registered |
|
Salvagnini Holding S.p.a. |
Sarego (VI) - IT - |
03505080246 |
Managing
Director |
Active |
Registered |
|
Salvagnini Holding S.p.a. |
Sarego (VI) - IT - |
03505080246 |
Director |
Active |
Registered |
|
Salvagnini Holding S.p.a. |
Sarego (VI) - IT - |
03505080246 |
Sole Director |
Withdrawn |
Registered |
|
Salvagnini Holding S.p.a. |
Sarego (VI) - IT - |
03505080246 |
Board Chairman |
Active |
Registered |
|
Salvagnini Robotica S.r.l. |
Brendola (VI) - IT - |
04026430241 |
Director |
Active |
Registered |
|
Salvagnini Robotica S.r.l. |
Brendola (VI) - IT - |
04026430241 |
Sole Director |
Withdrawn |
Registered |
|
Salvagnini Robotica S.r.l. |
Brendola (VI) - IT - |
04026430241 |
Board Chairman |
Active |
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 |
|
Salvagnini Holding S.p.a. |
Sarego - IT - |
03505080246 |
25.000.000 .Eur |
100,00 |
Direct
Participations
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Matrix - S.r.l. |
Schio - IT - |
02378780247 |
5.000 .Eur |
5,00 |
Active |
||
|
Salvagnini Robotica S.r.l. |
Brendola - IT - |
04026430241 |
500.000 .Eur |
100,00 |
Active |
||
|
Salvagnini Industriale S.p.a. |
Montefredane - IT - |
02092500640 |
2.500.000 .Eur |
100,00 |
Active |
Firm's
location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
Guido Salvagnini |
, 51 |
- 36040 |
- Sarego |
(VI) |
- IT - |
|
PHONE |
: 0444725111 |
|
FAX |
: 0444436404 |
|
Website |
: WWW.SALVAGNINI.COM |
|
Legal mail |
: SALVAGNINIGROUP@LEGALMAIL.IT |
|
- |
Branch |
(Warehouse) |
since 01/02/2015 |
|
Pompele |
, 25 |
- 36040 |
- Sarego |
(VI) |
- IT - |
|
Employees |
: 710 |
|
Fittings and Equipment for a value of 3.480.000 |
Eur |
|
Stocks for a value of 37.820.000 |
Eur |
|
Work in progress for a value of 9.190.000 |
Eur |
The firm has a direct commercial organization
Sales are on an international scale.
The company 's mainly customers are companies.
Company generally accepts payments with terms of 60/90 days.
Financial means used for sale: bank transfers and bank orders.
Purchases are mainly paid with terms of 30/90 days.
Main used payment modalities are by cash orders and bank transfers.
Import comes generally from the following nations:
|
- France |
|
- Germany |
|
- Finland |
Traded Brands / Suppliers
|
- Alpewa |
|
- Schechtl |
|
- Salvagnini |
Historical
Information and/or Firm's Status
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm absorbed by merging of |
|
SALVAGNINI
SERVIZI S.R.L. |
|
|
, Sarego-via Monticello Di Fara |
(VI) |
- IT - |
|
|
Date |
: |
06/04/1995 |
|
|
Project of merging by taking over of |
|
SALVAGNINI
MECCANICA S.P.A. |
|
|
TACCHI |
, 1 |
, 38068 |
, Rovereto |
(TN) |
- IT - |
|
|
Fiscal Code: 01977570249 |
|
|
Date |
Merging/splitting-up project: |
10/10/1997 |
|
|
The firm absorbed by merging of |
|
SALVAGNINI
MECCANICA S.P.A. |
|
|
TACCHI |
, 1 |
, 38068 |
, Rovereto |
(TN) |
- IT - |
|
|
Fiscal Code: 01977570249 |
|
|
Date |
: |
07/04/1998 |
|
|
Project of merging by taking over of |
|
SALVAGNINI
S.P.A. |
|
|
della Favorita |
, 36040 |
, Sarego |
(VI) |
- IT - |
|
|
Fiscal Code: 00888490240 |
|
|
Date |
Merging/splitting-up project: |
30/10/2000 |
|
|
The firm absorbed by merging of |
|
SALVAGNINI
S.P.A. |
|
|
della Favorita |
, 36040 |
, Sarego |
(VI) |
- IT - |
|
|
Fiscal Code: 00888490240 |
|
|
Date |
: |
07/06/2001 |
|
|
Resolution of merging of |
|
SALVAGNINI
SERVIZI S.R.L. |
|
|
, Sarego-via Monticello Di Fara |
(VI) |
- IT - |
|
|
Date |
: |
06/04/1995 |
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.
Bankers
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
UNICREDIT BANCA D'IMPRESA S.P.A. |
MONTECCHIO
MAGGIORE |
VIA DEGLI ALBERI, |
36077 |
Montecchio
Maggiore (VI) |
3226 |
60530 |
|
BANCA INTESASANPAOLO S.P.A. |
3069 |
0 |
||||
|
BANCA POPOLARE DI VICENZA - SOCIETA'COO |
AG. DI
MELEDO-SAREGO |
VIA DAMIANO CHIESA |
36040 |
Sarego (VI) |
5728 |
60730 |
National
Real Estates Survey
The firm under review, by the reported percentages, owns the following
real estates:
|
Town |
Cadastre |
No. Immovables |
Up to Date |
|
SAREGO (VI) |
Buildings |
3 |
21/06/2018 |
|
SAREGO (VI) |
Land |
4 |
21/06/2018 |
|
Buildings
Details |
|
Cadastre |
Title |
Location |
Sheet No. |
Particle No. |
Sub No. |
Categorie |
Classe |
Consistence |
Cadastrial Rent |
Part No. |
|
B |
Proprieta' per 1/1 |
SAREGO (VI) VIA A. POMPELE, 4 Piano T-1 |
21 |
205 |
4 |
cat. D/1 |
Euro: 12.460,00 |
|||
|
B |
Proprieta' per 1/1 |
SAREGO (VI) VIA G. SALVAGNINI, 51 Piano S1-T - 1-2 |
21 |
48 |
10 |
cat. D/1 |
Euro: 215.770,00 |
|||
|
B |
Proprieta' per 1/1 |
SAREGO (VI) VIA PALAZZETTO, 1 Piano T |
21 |
48 |
11 |
cat. A/10 |
U |
20 vani |
Euro:3.976,72 |
|
Land Details |
|
Cadastre |
Title |
Location |
Sheet No. |
Particle No. |
Sub No. |
Category |
Class |
Consistence |
Cadastrial Rent |
Part No. |
|
L |
Proprieta' per 1/1 |
SAREGO (VI) |
21 |
163 |
SEMIN ARBOR |
1 |
1 are 22 ca |
R.D.Euro:1,57
(*) R.A. Euro: 0,69 |
3254 |
|
|
L |
Proprieta' per 1/1 |
SAREGO (VI) |
21 |
208 |
SEMINATIVO |
1 |
9 are 40 ca |
R.D.Euro:12,08
(*) R.A. Euro: 5,34 |
5825 |
|
|
L |
Proprieta' per 1/1 |
SAREGO (VI) |
21 |
456 |
RELIT STRAD |
3 are 58 ca |
R.D.Euro: R.A.
Euro: |
|||
|
L |
Proprieta' per 1/1 |
SAREGO (VI) |
21 |
590 |
SEMIN ARBOR |
1 |
7 are 63 ca |
R.D.Euro:9,80
(*) R.A. Euro: 4,33 |
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 1993
Balance sheets for the years 2014, 2015 and 2016 were analyzed.
During the last years, it recorded positive net results (r.o.e. 9,25% in
2016) and during the last financial year an increase in sales volume was
registered (+18,24% in 2016).
The operating result was positive in the last financial year (6,63%) and
in line with the sector's average.
An operating result of Eur. 14.550.149 has been registered. increasing
if compared to the yeart 2015.
The gross operating margin of the latest financial year is of Eur.
19.451.452 showing an upward trend if compared to 2015.
From a financial aspect the company's status covers total short-term
debts; the indebtedness volume in 2016 is in fact 0,37 improved in comparison
with the year before (0,5.).
The equity capital is equal to Eur. 103.711.929 on stable levels.
Total indebtedness was equal to Eur. 99.623.507 (Eur. 11.912.038 was the
value of m/l term debts) showing a stable trend as opposed to 2015 (Eur.
104.834.752).
Financial debts exposure is under control while the recourse to
commercial credit is rather frequent but lower than the field average.
Liquidity is good (1,72)
Accounts receivable average term is 61,03 days. , a value lower than the
sector's average.
2016 financial year closed with a cash flow of Eur. 13.764.303
In the last financial year labour cost was of Eur. 40.288.563, with a
18% incidence on total costs of production. , whereas the incidence of such
costs on sales revenues is equal to 17,15%.
Financial incomes cover financial charges.
Financial
Data
|
|
Complete balance-sheet for the year |
al 30/04/2016 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
234.858.506 |
|
Profit (Loss) for the period |
9.597.000 |
|
|
Complete balance-sheet for the year |
al 30/04/2015 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
198.626.649 |
|
Profit (Loss) for the period |
3.308.356 |
|
|
Complete balance-sheet for the year |
al 30/04/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
205.296.387 |
|
Profit (Loss) for the period |
2.443.908 |
|
|
Complete balance-sheet for the year |
al 30/04/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
198.450.853 |
|
Profit (Loss) for the period |
8.419.981 |
|
|
Complete balance-sheet for the year |
al 30/04/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
208.742.881 |
|
Profit (Loss) for the period |
6.883.692 |
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 30/04/2016 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 30/04/2015 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 30/04/2014 - 12 Mesi - Currency: - Amounts x 1 |
|
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|
|
RATIOS |
Value Type |
as at 30/04/2016 |
as at 30/04/2015 |
as at 30/04/2014 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,31 |
0,29 |
0,35 |
0,12 |
|
Elasticity Ratio |
Units |
0,69 |
0,71 |
0,64 |
0,85 |
|
Availability of stock |
Units |
0,17 |
0,16 |
0,18 |
0,13 |
|
Total Liquidity Ratio |
Units |
0,51 |
0,54 |
0,47 |
0,64 |
|
Quick Ratio |
Units |
0,23 |
0,19 |
0,10 |
0,03 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
0,37 |
0,50 |
0,50 |
5,60 |
|
Self Financing Ratio |
Units |
0,47 |
0,43 |
0,50 |
0,14 |
|
Capital protection Ratio |
Units |
0,67 |
0,70 |
0,71 |
0,50 |
|
Liabilities consolidation quotient |
Units |
0,23 |
0,28 |
0,33 |
0,10 |
|
Financing |
Units |
0,96 |
1,10 |
0,82 |
5,75 |
|
Permanent Indebtedness Ratio |
Units |
0,56 |
0,54 |
0,62 |
0,26 |
|
M/L term Debts Ratio |
Units |
0,09 |
0,11 |
0,11 |
0,08 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,40 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,83 |
1,87 |
1,75 |
1,96 |
|
Current ratio |
Units |
1,72 |
1,76 |
1,86 |
1,12 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,29 |
1,36 |
1,34 |
0,90 |
|
Structure's primary quotient |
Units |
1,53 |
1,48 |
1,43 |
1,30 |
|
Treasury's primary quotient |
Units |
0,56 |
0,46 |
0,28 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
211,63 |
231,86 |
199,32 |
713,38 |
|
Current Capital ( net ) |
Value |
63.119.851 |
67.418.820 |
55.830.065 |
112.184 |
|
RETURN |
|||||
|
Return on Sales |
% |
5,86 |
3,85 |
3,19 |
4,30 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
9,25 |
3,48 |
2,60 |
8,44 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
13,24 |
6,23 |
4,17 |
29,86 |
|
Return on Investment ( R.O.I. ) |
% |
6,63 |
2,77 |
1,21 |
5,11 |
|
Return/ Sales |
% |
6,20 |
3,07 |
1,10 |
5,02 |
|
Extra Management revenues/charges incid. |
% |
65,96 |
54,20 |
107,84 |
36,52 |
|
Cash Flow |
Value |
13.764.303 |
7.650.878 |
6.543.009 |
56.542 |
|
Operating Profit |
Value |
14.550.149 |
6.103.562 |
2.266.311 |
91.982 |
|
Gross Operating Margin |
Value |
19.451.452 |
11.013.084 |
6.889.644 |
136.494 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
61,03 |
67,03 |
64,90 |
154,26 |
|
Debts to suppliers average term |
Days |
101,84 |
107,44 |
89,37 |
134,32 |
|
Average stock waiting period |
Days |
57,97 |
64,82 |
58,81 |
41,31 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,07 |
0,90 |
1,10 |
1,08 |
|
Rate of stock return |
Units |
6,21 |
5,55 |
6,12 |
8,58 |
|
Labour cost incidence |
% |
17,15 |
19,27 |
18,99 |
20,16 |
|
Net financial revenues/ charges incidence |
% |
2,09 |
3,08 |
1,15 |
-1,17 |
|
Labour cost on purchasing expenses |
% |
18,00 |
19,30 |
19,12 |
19,80 |
|
Short-term financing charges |
% |
0,40 |
0,68 |
1,74 |
2,12 |
|
Capital on hand |
% |
93,46 |
111,03 |
91,32 |
92,31 |
|
Sales pro employee |
Value |
186.543 |
166.214 |
168.552 |
169.642 |
|
Labour cost pro employee |
Value |
32.000 |
32.022 |
32.005 |
34.748 |
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 |
: |
831.356 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
456 |
|
- per non food products |
: |
2.052 |
|
- per energy consume |
: |
127 |
Sector
Data
The values are calculated on a base of 228 significant companies.
The companies cash their credits on an average of 154 dd.
The average duration of suppliers debts is about 134 dd.
The sector's profitability is on an average of 4,30%.
The labour cost affects the turnover in the measure of 20,16%.
Goods are held in stock in a range of 41 dd.
The difference between the sales volume and the resources used to
realize it is about 1,08.
The employees costs represent the 19,80% of the production costs.
Statistical
Detrimental Data
Statistically the trade activity shows periods of crisis.
The area is statistically considered lowly risky.
In the region 13.782 protested subjects are found; in the province they
count to 2.234.
The insolvency index for the region is 0,30, , while for the province it
is 0,27.
Total Bankrupt companies in the province : 2.546.
Total Bankrupt companies in the region : 16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 68.15 |
|
|
1 |
INR 90.27 |
|
Euro |
1 |
INR 79.35 |
|
Euro |
1 |
INR 79.85 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
|
|
|
|
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.