|
|
|
MIRA
INFORM REPORT
|
Report No. : |
499197 |
|
Report Date : |
24.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
BIOCHEM SRL |
|
|
|
|
Registered Office : |
B-dul
Mamaia 158, 900534 Constanta Constanta |
|
|
|
|
Country : |
Romania |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
30.07.1991 |
|
|
|
|
Com. Reg. No.: |
J13/2949/1991 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
· Non-specialised wholesale trade · Wholesale of grain, unmanufactured tobacco, seeds and animal feeds ·
Trade with pesticides and and fertiliser chemical |
|
|
|
|
No. of Employees : |
81 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
Romania |
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 |
ROMANIA - ECONOMIC OVERVIEW
Romania, which joined the EU on 1 January 2007, began the transition from communism in 1989 with a largely obsolete industrial base and a pattern of output unsuited to the country's needs. Romania's macroeconomic gains have only recently started to spur creation of a middle class and to address Romania's widespread poverty. Corruption and red tape continue to permeate the business environment.
In the aftermath of the global financial crisis, Romania signed a $26 billion emergency assistance package from the IMF, the EU, and other international lenders, but GDP contracted until 2011. In March 2011, Romania and the IMF/EU/World Bank signed a 24-month precautionary standby agreement, worth $6.6 billion, to promote fiscal discipline, encourage progress on structural reforms, and strengthen financial sector stability; no funds were drawn. In September 2013, Romanian authorities and the IMF/EU agreed to a follow-on standby agreement, worth $5.4 billion, to continue with reforms. This agreement expired in September 2015, and no funds were drawn. Progress on structural reforms has been uneven, and the economy still is vulnerable to external shocks.
Economic growth rebounded in the 2013-17 period, driven by strong industrial exports, excellent agricultural harvests, and, more recently, expansionary fiscal policies in 2016-2017 that nearly quadrupled Bucharest’s annual fiscal deficit, from +0.8% of GDP in 2015 to -3% of GDP in 2016 and an estimated -3.4% in 2017. Industry outperformed other sectors of the economy in 2017. Exports remained an engine of economic growth, led by trade with the EU, which accounts for roughly 70% of Romania trade. Domestic demand was the major driver, due to tax cuts and large wage increases that began last year and are set to continue in 2018.
An aging population, emigration of skilled labor, significant tax evasion, insufficient health care, and an aggressive loosening of the fiscal package compromise Romania’s long-term growth and economic stability and are the economy's top vulnerabilities.
|
Source : CIA |
Company name and address
|
BIOCHEM SRL |
|
|
|
B-dul
Mamaia 158 |
|
900534
Constanta Constanta |
|
Romania |
|
Telephone |
+40
241 673237 |
|
|
+40
241 699810 |
|
Fax |
+40
241 613643 |
|
E-mail |
|
|
WEB |
|
|
Tax
No. |
RO
1905164 |
|
Registration
No. |
J13/2949/1991 |
|
Status |
Active |
Economic situation
|
Business connection |
Business
connections appear permissible |
(31) |
|
Payment behavior |
No
complaints |
(31) |
Basic information
Legal form
Private
Limited Company
Registration and changes
established
on 30.07.1991 as Biochem Srl Private Limited Company
|
Change in address |
From |
to |
|
2013 |
Constanta,
Constanta, Razboieni nr.60 |
Str.
B-dul Tomis nr. 476, Constanta |
Owners and Capital
|
Name / Address / Nationality |
From |
Share |
|
Chimisliu Bogdan Stefanel (birth date 28/07/1975) MUNICIPIUL
CONSTANTA, Romania Romanian |
15/12/1999 |
50,000000
% |
|
Chimisliu Virginia (birth date 27/07/1949) MUNICIPIUL
CONSTANTA, Romania Romanian |
30/07/1991 |
50,000000
% |
Registered capital
|
Currency |
Value |
|
RON |
13.500.000 |
Management
|
Name / Address / Status |
Since |
Position |
|
Chimisliu
Bogdan Stefanel (birth date 28/07/1975) CONSTANTA Romania |
26/08/2002 |
Administrator |
Company addresses information
Working points
Ovidiu,
Str.Sos. Tulcei, Nr.1 Corabia, Jud.Olt
Comuna
Dragalina, Str.Complexului Nr. 7, Jud.Calarasi Becicherecu Mic Nr. 468,
Jud.Timis
Subsidiaries
Connections
|
Through |
Name / Address |
Position |
Share |
|
Chimisliu Bogdan Stefanel |
|||
|
RO
29345849 |
AGRIMOFERT SRL |
administrator
and shareholder |
100,00000000% |
|
RO
33748165 |
BIOCHEM CREDITARE IFN S.A. |
administrator
and shareholder |
50,00000000% |
|
RO
34127590 |
BIOCHEM ORGANICS SRL |
administrator
and shareholder |
50,00000000% |
|
RO
16986183 |
SPECTRUM AGRO S.R.L. |
administrator
and shareholder |
50,00000000% |
|
Chimisliu Virginia |
|||
|
RO
16986175 |
AVLIS ANTREPRIZA SRL |
administrator
and shareholder |
50,00000000% |
|
RO
33748165 |
BIOCHEM CREDITARE IFN S.A. |
administrator
and shareholder |
50,00000000% |
|
RO
36127642 |
BIOCHEM FRUIT SRL |
administrator
and shareholder |
100,00000000% |
Business activities
|
Main activity |
Nace |
|
Non-specialised
wholesale trade |
4690 |
|
Additional activities |
Nace |
|
Wholesale
of grain, unmanufactured tobacco, seeds and animal feeds |
4621 |
Trade
with pesticides and and fertiliser chemical
Legal
office and working spaces at the above mentioned address.
Economic data
Turnover and Employees
|
31.12.2016 |
218.050.016
RON |
81 |
|
31.12.2015 |
151.003.244
RON |
80 |
|
31.12.2014 |
125.544.956
RON |
79 |
|
31.12.2013 |
142.580.135
RON |
51 |
|
31.12.2012 |
104.011.999
RON |
30 |
|
31.12.2011 |
73.875.353
RON |
20 |
|
31.12.2010 |
37.675.578
RON |
20 |
|
31.12.2009 |
32.749.704
RON |
22 |
|
31.12.2008 |
33.174.502
RON |
23 |
|
31.12.2007 |
30.006.316
RON |
16 |
|
31.12.2006 |
30.236.506
RON |
16 |
|
31.12.2005 |
21.218.491
RON |
13 |
|
31.12.2004 |
15.685.754,3
RON |
9 |
|
31.12.2003 |
9.787.955,1
RON |
9 |
|
31.12.2002 |
6.983.244,5
RON |
2 |
|
31.12.2001 |
4.882.508,7
RON |
2 |
Properties
According
to the Balance Sheet of 31.12.2016 date the company holds real estates with a
book value of 22.773.292,00 RON, but we do not have any other details on the
type and location of these assets.
Supplementary data
Banks
|
Financial Institution |
Branch |
|
Banca
Millenium |
Constanta |
|
Banca
Transilvania S.A. |
Constanta |
|
Credit
Agricole Bank Romania |
Constanta |
|
OTP
BANK |
Constanta |
|
Piraeus
Bank Romania |
Constanta |
|
Porsche
Bank Romania |
Constanta |
The
subject is registered in the Electronic Archive for Secured Transactions, as
having credits at:
Banca
Millenium, Constanta
Banca
Transilvania S.A., Constanta
Credit
Agricole Bank Romania, Constanta
OTP
BANK, Constanta
Piraeus
Bank Romania, Constanta
Porsche
Bank Romania, Constanta
These
credits are guaranteed with cash-flow and fixed assets.
If
the company is asking for credits, for which the company has to present
guarantees, these have to be first verified
Main indices
Payment experience and credit opinion
|
Business connection |
Business
connections appear permissible |
(31) |
|
Payment behavior |
No
complaints |
(31) |
Negative events
The company has no overdue debts to the State budget
that exceeds the minimum ceiling, according to the information published by the
Ministry of Finance on 31.12.2017.
There are no records related to the subject at the
Payment Incidents Bureau (CIP) in the period 21.03.2011 -
21.03.2018.
There are no records related to the subject company in
our debt collection department. There are no records related to the subject
company at the Insolvency Proceedings Bulletin. The subject company is not
registered with legal proceedings opened against it, according to Court Portal.
Financials
Balances
Assets
|
Name |
Ref. |
31/12/2014 RON LONG |
31/12/2015 RON LONG |
31/12/2016 RON LONG |
|
Incorporation
expenses |
r1 |
N/A |
0 |
0 |
|
Development
expenses |
r2 |
N/A |
0 |
0 |
|
Concession
rights, patents, licences, trademarks, similar rights and assets and other
intangible fixed assets |
r3 |
10.875 |
704.501 |
562.525 |
|
Goodwill |
r4 |
N/A |
0 |
0 |
|
Down
payments and intangible fixed assets in progress |
r5 |
737.575 |
0 |
0 |
|
TOTAL
INTANGIBLE FIXED ASSETS |
r6 |
748.450 |
704.501 |
562.525 |
|
Land
and buildings |
r7 |
11.527.280 |
21.297.310 |
21.272.090 |
|
Technical
installations and machines |
r8 |
3.809.557 |
4.177.502 |
4.121.563 |
|
Other
installations, machinery and furniture |
r9 |
337.371 |
335.679 |
293.392 |
|
Down
payments and tangible fixed assets in progress |
r10 |
6.063.777 |
5.014.353 |
4.323.068 |
|
TOTAL
TANGIBLE FIXED ASSETS |
r11 |
21.737.980 |
32.200.433 |
31.395.400 |
|
Shares
in subsidiaries |
r12 |
N/A |
0 |
0 |
|
Loans
given to subsidiaries |
r13 |
N/A |
0 |
0 |
|
Participating
interests |
r14 |
N/A |
0 |
0 |
|
Loans
given to associates |
r15 |
N/A |
0 |
0 |
|
Other
long term investments |
r16 |
N/A |
0 |
0 |
|
Other
loans |
r17 |
155.651 |
130.518 |
134.241 |
|
TOTAL
CAPITAL ASSETS |
r18 |
155.651 |
130.518 |
134.241 |
|
NON
CURRENT ASSETS - TOTAL |
r19 |
22.642.081 |
33.035.452 |
32.092.163 |
|
Raw
materials and consumables |
r20 |
200.936 |
14.490 |
1.049.118 |
|
Work
in progress |
r21 |
322.829 |
0 |
0 |
|
Finished
goods |
r22 |
20.290.620 |
25.774.720 |
26.912.120 |
|
Down
payments on inventory purchases |
r23 |
1.133.637 |
634.023 |
5.566.727 |
|
TOTAL
INVENTORIES |
r24 |
21.948.026 |
26.423.232 |
33.527.964 |
|
Trade
receivables |
r25 |
117.612.500 |
129.601.300 |
159.616.000 |
|
Receivables
from subsidiaries |
r26 |
N/A |
0 |
0 |
|
Receivables
from entities in respect of participating interests |
r27 |
N/A |
0 |
0 |
|
Other
receivables |
r28 |
4.541.459 |
14.925.940 |
13.866.600 |
|
Unpaid
subscribed capital |
r29 |
N/A |
0 |
0 |
|
TOTAL
RECEIVABLES |
r30 |
122.153.996 |
144.527.258 |
173.482.571 |
|
Shares
in subsidiaries |
r31 |
N/A |
0 |
0 |
|
Other
short-term investments |
r32 |
N/A |
0 |
0 |
|
TOTAL
SHORT-TERM INVESTMENTS |
r33 |
N/A |
0 |
0 |
|
PETTY
CASH AND BANK ACCOUNTS |
r34 |
809.016 |
3.127.846 |
671.879 |
|
CURRENT
ASSETS - TOTAL |
r35 |
144.911.038 |
174.078.336 |
207.682.414 |
|
PREPAID
EXPENSES |
r36 |
89.085 |
140.008 |
76.983 |
|
TOTAL
ASSETS |
r37 |
167.642.165 |
207.253.758 |
239.851.543 |
Liabilities
|
Name |
Ref. |
31/12/2014 RON LONG |
31/12/2015 RON LONG |
31/12/2016 RON LONG |
|
Debenture
loans |
r38 |
N/A |
0 |
0 |
|
Amounts
payable to credit entities |
r39 |
57.287.170 |
73.546.620 |
52.109.330 |
|
Down
payments received on orders in progress |
r40 |
1.495.014 |
459.327 |
2.303.599 |
|
Commercial
debts - suppliers |
r41 |
38.682.490 |
52.669.490 |
78.804.380 |
|
Commercial
bills due |
r42 |
N/A |
0 |
0 |
|
Amounts
payable to subsidiaries |
r43 |
N/A |
0 |
0 |
|
Amounts
payable to associates in respect of participating interests |
r44 |
N/A |
0 |
0 |
|
Other
debts, including fiscal debts and amounts payable to social security |
r45 |
740.685 |
1.545.789 |
3.005.479 |
|
TOTAL
SHORT-TERM DEBTS |
r46 |
98.205.360 |
128.221.200 |
136.222.800 |
|
NET
CURRENT ASSETS/NET CURRENT DEBTS |
r47 |
46.794.760 |
43.707.400 |
71.536.610 |
|
TOTAL
ASSETS MINUS CURRENT DEBTS |
r48 |
69.436.840 |
76.742.850 |
103.628.800 |
|
Debenture
loans |
r49 |
N/A |
0 |
0 |
|
Amounts
payable to credit entities |
r50 |
4.150.000 |
3.190.000 |
10.852.330 |
|
Down
payments received on orders in progress |
r51 |
N/A |
0 |
0 |
|
Commercial
debts - suppliers |
r52 |
N/A |
0 |
0 |
|
Commercial
bills due |
r53 |
N/A |
0 |
0 |
|
Amounts
payable to subsidiaries |
r54 |
N/A |
0 |
0 |
|
Amounts
payable to associates in respect of participating interests |
r55 |
N/A |
0 |
0 |
|
Other
debts, including fiscal debts and amounts payable to social security |
r56 |
N/A |
0 |
253.367 |
|
TOTAL
LONG-TERM DEBTS |
r57 |
4.150.000 |
3.190.000 |
11.105.700 |
|
Provisions
for pensions and other similar obligations |
r58 |
N/A |
0 |
0 |
|
Provisions
for taxes |
r59 |
N/A |
0 |
0 |
|
Other
provisions |
r60 |
N/A |
0 |
0 |
|
TOTAL
DEBTS |
r61 |
102.355.362 |
131.411.230 |
147.328.487 |
|
TOTAL
PROVISIONS |
r62 |
0 |
0 |
0 |
|
Grants
for investments |
r63 |
N/A |
0 |
0 |
|
deferred
income |
r64 |
N/A |
2.289.716 |
0 |
|
TOTAL
DEFERRED INCOME |
r65 |
0 |
2.289.716 |
0 |
|
Subscribed
and paid capital |
r66 |
4.500.000 |
13.500.000 |
13.500.000 |
|
Subscribed
and unpaid capital |
r67 |
N/A |
0 |
0 |
|
Assets
and liabilities (public sector companies) |
r68 |
N/A |
0 |
0 |
|
TOTAL
SHARE CAPITAL |
r69 |
4.500.000 |
13.500.000 |
13.500.000 |
|
CAPITAL
PREMIUM |
r70 |
N/A |
0 |
0 |
|
REVALUATION
RESERVES |
r71 |
218.342 |
218.342 |
218.342 |
|
Legal
reserves |
r72 |
225.000 |
1.001.660 |
2.700.000 |
|
Statutory
or contractual reserves |
r73 |
N/A |
0 |
0 |
|
Reserves
representing the revaluation reserve surplus |
r74 |
N/A |
N/A |
N/A |
|
Other
reserves |
r75 |
1.339.505 |
1.710.410 |
2.475.697 |
|
TOTAL
RESERVES |
r76 |
1.564.505 |
2.712.070 |
5.175.697 |
|
Own
shares |
r77 |
N/A |
0 |
0 |
|
Earnings
associated to own capital instruments |
r78 |
N/A |
0 |
0 |
|
Losses
associated to own capital instruments |
r79 |
N/A |
0 |
0 |
|
Reported
profit or loss (e) Balance account C |
r80 |
41.033.210 |
45.654.000 |
51.645.980 |
|
Reported
profit or loss (e) Balance account D |
r81 |
N/A |
0 |
0 |
|
Profit
or loss as per the financial year Balance account C |
r82 |
18.991.550 |
12.616.010 |
23.720.220 |
|
Profit
or loss as per the financial year Balance account D |
r83 |
0 |
0 |
0 |
|
Profit
distribution |
r84 |
1.020.759 |
1.147.564 |
1.737.173 |
|
SHAREHOLDERS'
EQUITY - TOTAL |
r85 |
65.286.842 |
73.552.850 |
92.523.073 |
|
Public
patrimony |
r86 |
N/A |
0 |
0 |
|
EQUITY
- TOTAL |
r87 |
65.286.840 |
73.552.850 |
92.523.070 |
|
TOTAL
LIABILITIES |
r88 |
167.642.200 |
207.253.766 |
239.851.570 |
Profit and Loss Account
|
Name |
Ref. |
31/12/2014 RON LONG |
31/12/2015 RON LONG |
31/12/2016 RON LONG |
|
Net
turnover |
r89 |
125.544.956 |
151.003.244 |
218.050.016 |
|
Own
work sold |
r90 |
2.379.007 |
3.643.724 |
4.551.905 |
|
Income
from the sale of goods |
r91 |
131.837.100 |
160.991.300 |
238.060.900 |
|
Income
from interests made by leasing |
r92 |
N/A |
0 |
0 |
|
Income
from grants related to income corresponding to net turnover |
r93 |
423.094 |
318.031 |
217.035 |
|
Balance account C |
r94 |
181.061 |
0 |
0 |
|
Balance
account D |
r95 |
N/A |
336.542 |
49.411 |
|
Production
made by the entity for its own purposes and capitalized |
r96 |
585.742 |
0 |
0 |
|
Other
operating income |
r97 |
8.352.461 |
1.282.876 |
9.699.986 |
|
OPERATING
INCOME - TOTAL |
r98 |
134.664.200 |
151.949.600 |
227.700.600 |
|
Expenses
on raw materials and consumables |
r99 |
2.013.375 |
1.895.135 |
1.000.918 |
|
Other
expenses supplies and materials |
r100 |
105.076 |
164.126 |
218.087 |
|
Other
outsourced expenses (electricity and water) |
r101 |
77.417 |
96.074 |
222.164 |
|
Expenses
on goods |
r102 |
103.248.200 |
129.570.600 |
200.599.800 |
|
Expenses
on personnel, of which: |
r103 |
3.373.200 |
3.705.604 |
4.251.130 |
|
Salaries
and benefits |
r104 |
2.666.335 |
3.012.893 |
3.455.079 |
|
Insurance
and social security costs |
r105 |
706.865 |
692.711 |
796.051 |
|
Adjustments
of the value of tangible and intangible fixed assets |
r106 |
1.049.799 |
1.369.018 |
2.019.509 |
|
Expenses |
r107 |
1.049.799 |
1.369.018 |
2.019.509 |
|
Income |
r108 |
N/A |
0 |
0 |
|
Adjustments
of the value of current assets |
r109 |
813.725 |
228.341 |
2.316.339 |
|
Expenses |
r110 |
813.725 |
414.293 |
2.316.339 |
|
Income |
r111 |
N/A |
185.952 |
0 |
|
Other
operating costs |
r112 |
9.302.840 |
8.448.988 |
12.100.620 |
|
Expenses
on third party services |
r113 |
9.018.936 |
7.136.953 |
7.706.111 |
|
Expenses
on other taxes, duties and similar charges |
r114 |
231.791 |
306.442 |
392.007 |
|
Expenses
on compensations, donations and assigned assets |
r115 |
52.113 |
1.005.593 |
4.002.498 |
|
Expenses
with refinancing interest rates of leasing entities |
r116 |
N/A |
0 |
0 |
|
Adjustments
of provisions |
r117 |
N/A |
0 |
0 |
|
Expenses |
r118 |
N/A |
0 |
0 |
|
income |
r119 |
N/A |
0 |
0 |
|
OPERATING
EXPENSES - TOTAL |
r120 |
109.575.370 |
133.881.989 |
198.520.100 |
|
-
Profit |
r121 |
25.088.850 |
18.067.590 |
29.180.450 |
|
-
Loss |
r122 |
0 |
0 |
0 |
|
Income
from participating interests, of which: |
r123 |
N/A |
0 |
0 |
|
income
obtained from subsidiaries |
r124 |
N/A |
0 |
0 |
|
Income
from other financial investments and loans which are part of intangible fixed
assets (acc. 763), of which: |
r125 |
N/A |
N/A |
N/A |
|
income
obtained from subsidiaries |
r126 |
N/A |
N/A |
N/A |
|
Income
from interest rates, of which: |
r127 |
250 |
1.315 |
13.966 |
|
income
obtained from subsidiaries |
r128 |
N/A |
0 |
0 |
|
Other
financial income |
r129 |
2.775.824 |
1.871.065 |
1.857.638 |
|
FINANCIAL
INCOME - TOTAL |
r130 |
2.776.074 |
1.872.380 |
1.871.604 |
|
Value
adjustments in respect of capital assets and investments as current assets |
r131 |
N/A |
0 |
0 |
|
Expenses |
r132 |
N/A |
0 |
0 |
|
income |
r133 |
N/A |
0 |
0 |
|
Interest
expenses |
r134 |
2.979.185 |
3.280.295 |
2.601.300 |
|
of
which, expenses in respect of subsidiaries |
r135 |
N/A |
0 |
0 |
|
Other
financial expenses |
r136 |
2.805.574 |
2.206.242 |
1.227.466 |
|
FINANCIAL
EXPENSES - TOTAL |
r137 |
5.784.759 |
5.486.537 |
3.828.766 |
|
-
Financial profit |
r138 |
0 |
0 |
0 |
|
-
Financial loss |
r139 |
3.008.685 |
3.614.157 |
1.957.162 |
|
-
Current profit |
r140 |
22.080.160 |
N/A |
N/A |
|
-
Current loss |
r141 |
0 |
N/A |
N/A |
|
Extraordinary
income |
r142 |
N/A |
N/A |
N/A |
|
Extraordinary
expenses |
r143 |
0 |
N/A |
N/A |
|
-
Extraordinary profit |
r144 |
0 |
N/A |
N/A |
|
-
Extraordinary loss |
r145 |
0 |
N/A |
N/A |
|
TOTAL
INCOME |
r146 |
137.440.294 |
153.821.958 |
229.572.195 |
|
TOTAL
EXPENSES |
r147 |
115.360.129 |
139.368.526 |
202.348.909 |
|
-
Gross profit |
r148 |
22.080.165 |
14.453.432 |
27.223.286 |
|
-
Gross loss |
r149 |
0 |
0 |
0 |
|
Income
tax |
r150 |
3.088.619 |
1.837.426 |
3.503.062 |
|
Other
taxes which are not recorded above |
r151 |
N/A |
0 |
0 |
|
-
Net profit |
r152 |
18.991.550 |
12.616.010 |
23.720.220 |
|
-
Net loss |
r153 |
0 |
0 |
0 |
|
Net
result |
r154 |
18.991.546 |
12.616.006 |
23.720.224 |
Additional information
|
Name |
Ref. |
31/12/2014 RON LONG |
31/12/2015 RON LONG |
31/12/2016 RON LONG |
|
Outstanding
payments-total, of which: - TOTAL |
r155 |
N/A |
0 |
0 |
|
Accounts
payable outstanding- total, of which: - TOTAL |
r156 |
N/A |
0 |
0 |
|
over
30 days - TOTAL |
r157 |
N/A |
0 |
0 |
|
over
90 days - TOTAL |
r158 |
N/A |
0 |
0 |
|
over
1 year - TOTAL |
r159 |
N/A |
0 |
0 |
|
Outstanding
payments to social security- total, of which:
- TOTAL |
r160 |
N/A |
0 |
0 |
|
contributions
to social security payable by employers, employees and other assimilated
entities - TOTAL |
r161 |
N/A |
0 |
0 |
|
contributions
to the social health insurance fund - TOTAL |
r162 |
N/A |
0 |
0 |
|
contribution
to the additional state pension system - TOTAL |
r163 |
N/A |
0 |
0 |
|
contributions
to the unemployment fund - TOTAL |
r164 |
N/A |
0 |
0 |
|
other
social liabilities - TOTAL |
r165 |
N/A |
0 |
0 |
|
Payments
due to special funds and other funds - TOTAL |
r166 |
N/A |
0 |
0 |
|
Payments
due to other creditors - TOTAL |
r167 |
N/A |
0 |
0 |
|
Taxes
and fees unpaid to the public budget on the date due - TOTAL |
r168 |
N/A |
0 |
0 |
|
Taxes
and fees unpaid to the local budget on the date due - TOTAL |
r169 |
N/A |
0 |
0 |
|
Bank
credits which were not reimbursed on the date due - total, of which: - TOTAL |
r170 |
0 |
0 |
0 |
|
back
payments after 30 days - TOTAL |
r171 |
N/A |
0 |
0 |
|
back
payments after 90 days - TOTAL |
r172 |
N/A |
0 |
0 |
|
back
payments after 1 year - TOTAL |
r173 |
N/A |
0 |
0 |
|
Past
due interest - TOTAL |
r174 |
N/A |
0 |
0 |
|
Average
number of employees |
r175 |
79 |
80 |
81 |
Specific tangible fixed assets
|
Name |
Ref. |
31/12/2014 RON LONG |
31/12/2015 RON LONG |
31/12/2016 RON LONG |
|
Lands |
r176 |
2.315.736 |
5.784.965 |
5.712.183 |
|
Buildings |
r177 |
9.588.141 |
16.339.536 |
17.061.110 |
|
Technical
installations and machines |
r178 |
6.879.251 |
8.035.752 |
7.712.035 |
|
Amortization |
r179 |
N/A |
N/A |
N/A |
Financial Ratios
|
Name |
Ref. |
31/12/2014 |
31/12/2015 |
31/12/2016 |
|
Debt Ratio |
R1 |
0,61 |
0,63 |
0,61 |
|
Quick ratio |
R2 |
1,25 |
1,15 |
1,28 |
|
Current ratio |
R3 |
1,48 |
1,36 |
1,52 |
|
Solvency ratio |
R4 |
0,06 |
0,04 |
0,12 |
|
Return on sales ( ROS ) |
R5 |
0,15 |
0,08 |
0,11 |
|
Return on assets ( ROA ) |
R6 |
0,11 |
0,06 |
0,10 |
|
Return on equity ( ROE ) |
R7 |
0,29 |
0,17 |
0,26 |
|
Operating margin, in (%) |
R8 |
0,20 |
0,12 |
0,13 |
|
Days supply in inventory |
R9 |
63,81 |
63,87 |
56,12 |
|
Days sales in receivables |
R10 |
355,14 |
349,35 |
290,40 |
|
Days purchase in payables |
R11 |
285,51 |
309,93 |
228,03 |
|
SALES TO TOTAL ASSETS |
R12 |
0,75 |
0,73 |
0,91 |
|
OPERATING RESULT/TOTAL ASSETS |
R13 |
0,15 |
0,09 |
0,12 |
|
CASH RATIO |
R14 |
0,01 |
0,02 |
0,00 |
|
Equity as % of total assets |
R15 |
38,94 |
35,49 |
38,58 |
|
Fixed assets as % of total assets |
R16 |
13,51 |
15,94 |
13,38 |
|
Receivables as % of current assets |
R17 |
84,30 |
83,02 |
83,53 |
|
Net working capital |
R18 |
46705678,00 |
45857136,00 |
71459614,00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.13 |
|
|
1 |
INR 91.95 |
|
Euro |
1 |
INR 80.34 |
|
RON |
1 |
INR 17.22 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
SYL |
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.