|
|
|
MIRA
INFORM REPORT
|
Report No. : |
506433 |
|
Report Date : |
03.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
BIOFRESCOS-COMERCIO DEPRODUTOS ALIMENTARES LDA |
|
|
|
|
Registered Office : |
Rua Marcelino Mesquita, 11 Loja 7, Alto de Santa Catarina 2795-134-Linda A Velha Oeiras Lisboa |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2016 |
|
|
|
|
Date of Incorporation : |
07.07.1997 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesale of other food products n.d |
|
|
|
|
No. of Employees : |
11 |
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 : |
Exist |
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) |
|
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. After the global financial crisis in 2008, Portugal’s economy contracted in 2009 and fell into recession 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, and its economic recovery gained traction in 2015 because of strong exports and a rebound in private consumption. GDP growth accelerated in 2016, and probably reached 2.5 % 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
BIOFRESCOS-COMERCIO DEPRODUTOS ALIMENTARES LDA
FINANCIAL HIGHLIGHTS
|
|
2014 |
2015 |
2016 |
|
Net sales |
10.187.651,69 |
15.497.330,19 |
18.546.178,36 |
|
Net income for the year |
56.958,72 |
120.642,09 |
341.703,30 |
|
Shareholders funds |
1.732.216,32 |
1.762.858,40 |
1.999.561,66 |
|
Stocks |
1.466.118,76 |
2.418.396,39 |
5.108.759,52 |
|
Liability |
6.025.617,37 |
7.142.946,45 |
7.633.683,89 |
|
Assets |
7.757.833,69 |
8.905.804,85 |
9.633.245,55 |
SUMMARY
|
Legal Form |
Private Limited Company |
|
Constitution |
07-07-1997 |
|
V.A.T. Number / NIF |
503948640 |
|
Employees |
11 |
|
Capital |
500.000,00 |
|
Sales in : 31-12-2016 |
18.546.178,36 |
|
Shareholders Funds in: 31-12-2016 |
1 999.561,66 |
|
Actual Condition |
In activity |
|
Import/Export |
Sim / Sim |
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
SUMMARY
OF CLAIMS (LAST 5 YEARS)
|
YEAR |
QUANTITY |
TOTAL € |
|
2018 |
1 |
117.819,98 |
|
2015 |
3 |
23.157,82 |
|
Total |
4 |
140.977,80 |
BUSINESS CONCEPT
---
IDENTIFICATION
|
Name |
BIOFRESCOS-COMERCIO DE PRODUTOS ALIMENTARES LDA |
|
Trust Nº. |
397470 |
|
V.A.T. Number / NIF |
503948640 |
|
Address |
Rua Marcelino Mesquita, 11 Loja 7, Alto de Santa Catarina |
|
Postal Code |
2795-134-LINDA A VELHA |
|
Municipality |
OEIRAS |
|
District |
LISBOA |
|
Country |
Portugal |
|
Telephone |
214155300 |
|
Fax |
214155309 |
|
E-Mail |
biofrescos@biofrescos.pt |
|
Web Site |
www.biofrescos.com |
|
CAE Main |
46382- Wholesale of other food products n.d |
MANAGEMENT BODIES
|
JOSE ANTONIO FIGUEIREDO
DAMAS |
Managing-Partner |
|
JOAO GONCALO DE CAMPOS MASCARENHAS DE LEMOS |
Managing-Partner |
LEGAL STRUCTURE
Registed on the Register Record Office of Oeiras with the Register
Number 503948640 previous number 10957 in 07 -07-1997
Constitution celebrated in 07-07-1997 published on Diário da
República number 233 of 08-10-1997
To oblige the company it is necessary 2 signature
CHANGES TO SOCIETY
In 07-07-2017 on Portal MJ of 07-07-2017 annual financial
statements
In 05-07-2016 on Portal MJ of 05-07-2016 annual financial
statements
In 10-07-2015 on Portal MJ of 10-07-2015 annual financial
statements
In 03-07-2014 on Portal MJ of 03-07-2014 annual financial
statements
In 26-12-2013 on Portal MJ of 26-12-2013 increase of capital
In 19-12-2013 on Portal MJ
of 26-12-2013 increase of capital
In 02-07-2013 on Portal MJ of 02-07-2013 annual financial
statements
In 06-07-2012 on Portal MJ of 06-07-2012 annual financial
statements
In 13-12-2001 on Diário da República number 71 of 25-03-2003 head
office change
In 21-07-2000 on Diário da República number 224 of 27-09-2000
increase of capital
CAPITAL
The Capital is 500.000,00
with the following distribution
|
JOSE ANTONIO FIGUEIREDO DAMAS |
250.000,00 |
50% |
|
JOAO GONCALO DE CAMPOS
MASCARENHAS DE LEMOS |
250.000,00 |
50% |
BIOGRAPHIES
|
Name |
JOSE ANTONIO FIGUEIREDO DAMAS |
|
Funtion |
Managing-Partner |
|
Address |
RUA JOSÉ MARIA PEDROTO, 7 |
|
Locality |
2760-191 CAXIAS |
|
Birth Date |
31-08-1959 |
|
Naturality |
Abrantes |
|
Civil State |
Divorced |
|
Previous Connections |
Foi sócio-gerente da firma
Eurocarnes-Comércio e Indústria de Carnes SA. |
|
Historical of Professional Connections and Participations |
The subject had links with the
following company(ies): |
|
|
MARISQUEIRA VISTA TROIA LDA
como Gerente. |
|
Links to others companies |
The subject has connections
with the following company (ies) |
|
|
FASTER-PRODUTOS ALIMENTARES LDA
as Managing-Partner with a participation of 63.125,00 , in a capital of
500.000,00 . |
|
|
EUROTOWN-SOCIEDADE IMOBILIARIA
LDA as Managing-Partner with a participation of 87.500,00 , in a capital of
350.000,00 |
|
Name |
JOAO GONCALO DE CAMPOS
MASCARENHAS DE LEMOS |
|
Funtion |
Managing-Partner |
|
Address |
RUA 1, 308 |
|
Locality |
4470-701 MAIA |
|
Birth Date |
30-08-1954 |
|
Naturality |
Lousã |
|
Previous Connections |
Foi sócio-gerente da firma
Eurocarnes-Comércio e Industria de Carnes SA. |
|
Historical of Professional
Connections and Participations |
The subject had links with the
following company(ies): |
|
|
KAFRIELA LDA. |
|
|
MARISQUEIRA VISTA TROIA LDA
como Gerente. |
|
Links to others companies |
The subject has connections
with the following company (ies) |
|
|
FASTER-PRODUTOS ALIMENTARES LDA
as Managing-Partner with a participation of 63.125,00 , in a capital of
500.000,00 . |
|
|
EUROTOWN-SOCIEDADE IMOBILIARIA
LDA as Managing-Partner with a participation of 87.500,00 , in a capital of
350.000,00 |
ACTIVITIES
|
Main CAE |
46382- Wholesale of other food
products n.d |
BUSINESS DESCRIPTION
|
Wholesale of food products |
GEOGRAPHIC DISTRIBUTION OF SALES
|
|
INTERNAL MARKET |
|
|
INTERNATIONAL MARKET |
|||
|
YEAR |
|
|
EU |
|
EXTRA-EU |
|
TOTAL |
|
2016 |
16.865.908,36 |
90,94% |
570.218,00 |
3,07% |
1.110.052,00 |
5,99% |
18.546.178,36 |
|
2015 |
14.765.419,36 |
95,28% |
731.910,83 |
4,72% |
0,00 |
0,00% |
15.497.330,19 |
|
2014 |
7.616.043,26 |
74,76% |
1.206.499,15 |
11,84% |
1.365.109,28 |
13,40% |
10.187.651,69 |
|
2013 |
4.573.251,13 |
49,84% |
2.413.426,57 |
26,30% |
2.189.799,96 |
23,86% |
9.176.477,66 |
|
2012 |
5.767.314,21 |
64,05% |
2.458.685,00 |
27,30% |
778.617,00 |
8,65% |
9.004.616,21 |
GEOGRAPHIC DISTRIBUTION OF PURCHASES
|
|
INTERNAL MARKET |
INTERNATIONAL MARKET |
|
||||
|
YEAR |
|
|
EU |
|
EXTRA-EU |
|
TOTAL |
|
2016 |
7.262.985,02 |
35,81% |
1.187.086,12 |
5,85% |
11.831.444,12 |
58,34% |
20.281.515,26 |
|
2015 |
3.364.723,66 |
21,70% |
1.863.478,29 |
12,02% |
10.276.857,70 |
66,28% |
15.505.059,65 |
|
2014 |
4.555.666,95 |
46,43% |
294.196,83 |
3,00% |
4.961.381,89 |
50,57% |
9.811.245,67 |
|
2013 |
4.429.130,32 |
53,70% |
1.408.805,27 |
17,08% |
2.410.484,07 |
29,22% |
8.248.419,66 |
|
2012 |
3.280.261,39 |
39,15% |
996.000,00 |
11,89% |
4.102.690,45 |
48,96% |
8.378.951,84 |
BANKS AND FINANCIAL INSTITUTIONS
|
NOVO BANCO, SA |
Avenida de Berna-Lisboa |
|
MILLENNIUM BCP |
Linda-a-Velha |
|
BANCO BPI, SA |
Amadora |
|
CAIXA GERAL DE DEPOSITOS, SA |
Carnaxide |
|
CAIXA DE CREDITO AGRICOLA MUTUO |
Pascoal de Melo-Lisboa |
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
SUMMARY
OF CLAIMS (LAST 5 YEARS)
|
YEAR |
QUANTITY |
TOTAL |
|
|
|
€ |
|
2018 |
1 |
117.819,98 |
|
2015 |
3 |
23.157,82 |
|
Total |
4 |
140.977,80 |
LEGAL ACTIONS
|
Date |
06-02-2018 |
|
Process |
121869/17.8YIPRT |
|
Author |
Massa Insolvente Sabamar - Soc.
Ind. de Peixe, Lda. |
|
Type |
Common Process Action |
|
Amount |
117.819,98 |
|
Judicial District |
Lisboa - Trib. Jud. Com. de
Lisboa |
|
Date |
20-11-2015 |
|
Process |
6222/15.2T8OER |
|
Author |
If Vigo, S.L. |
|
Type |
Common Process Action |
|
Amount |
19.107,20 |
|
Judicial District |
Oeiras - Trib. Jud. Com. de
Lisboa Oeste |
|
Date |
25-06-2015 |
|
Process |
1782/15.0T8STR |
|
Author |
Luis Miguel Canais da Silva |
|
Type |
Common Process Action |
|
Amount |
2.025,31 |
|
Judicial District |
Santarém - Trib. Jud. Com. de
Santarém |
|
Date |
01-06-2015 |
|
Process |
1553/15.4T8STR |
|
Author |
Luis Miguel Canais da Silva |
|
Type |
Common Process Action |
|
Amount |
2.025,31 |
|
Judicial District |
Santarém - Trib. Jud. Com. de
Santarém |
EMPLOYEES
|
YEAR |
TOTAL |
MEN |
|
WOMEN |
|
|
2016 |
11 |
7 |
64% |
4 |
36% |
|
2015 |
11 |
7 |
64% |
4 |
36% |
|
2014 |
9 |
6 |
67% |
3 |
33% |
|
2013 |
7 |
5 |
71% |
2 |
29% |
|
2012 |
7 |
5 |
71% |
2 |
29% |
INSURANCE
REAL Companhia de Seguros SA
Zurich Companhia de Seguros SA
HEAD OFFICE AND INSTALLATIONS
Head office and installations Rua Marcelino Mesquita, 11-Loja
7-Alto de Santa Catarina, 2795-134, LINDA A VELHA, Tel:214155300, Fax:214155309
Had head office Estrada da Portela, 76 r/c-Portela de Carnaxide, 2790-122,
CARNAXIDE
PARTICIPATIONS
DIRECT
PARTICIPATIONS
|
NAME |
EUROTOWN-SOCIEDADE IMOBILIARIA LDA |
|
Trust Nº. |
1007565 |
|
Address |
RUA MARCELINO MESQUITA, Nº11, LOJA 7 |
|
Locality |
2795-101 LINDA A VELHA |
|
Country |
PORTUGAL |
|
Telephone |
214155309 |
|
C.A.E. |
68100- Buying and selling of
real estate |
|
Capital |
350.000,00 |
|
Participation |
50% |
|
NAME |
FASTER-PRODUTOS ALIMENTARES LDA |
|
Trust Nº. |
465951 |
|
Address |
Zona Industrial do Padrão, lote
46 |
|
Locality |
3200-215 LOUSÃ |
|
Country |
PORTUGAL |
|
Telephone |
239991223 |
|
Fax |
239991195 |
|
E-Mail |
fasterlda@hotmail.com |
|
C.A.E. |
10850- Manufacture of meals and
ready-made dishes |
|
Capital |
500.000,00 |
|
Participation |
74,75% |
FINANCIAL DEMONSTRATION SNC
BALANCE
SHEET SNC
|
COINEUROS |
|
|
|
YEAR:2016 |
|
|
2016 |
2015 |
2014 |
%VAR.2016/15 |
|
ASSET |
|
|
|
|
|
NON-CURRENT ASSETS |
|
|
|
|
|
Tangible fixed assets |
111.109,87 |
99.300,82 |
101.450,54 |
11,89% |
|
Investment properties |
- |
- |
- |
- |
|
Goodwill |
- |
- |
- |
- |
|
Intangible assets |
7.428,07 |
- |
- |
- |
|
Biological assets |
- |
- |
- |
- |
|
Financial participations -
patrimonial equity method |
1.214.295,23 |
1.292.489,48 |
1.222.504,38 |
(6,05)% |
|
Financial participations -
other methods |
402,98 |
239,01 |
122,72 |
68,60% |
|
Shareholders/partners |
- |
- |
285.004,00 |
- |
|
Other financial assets |
- |
- |
- |
- |
|
Deferred tax assets |
- |
- |
- |
- |
|
Financial investments(exclusive
use by small entities and micro entities) |
- |
- |
- |
- |
|
Total |
1.333.236,15 |
1.392.029,31 |
1.609.081,64 |
(4,22)% |
|
CURRENT ASSETS |
|
|
|
|
|
Inventories |
5.108.759,52 |
2.418.396,39 |
1.466.118,76 |
111,25% |
|
Biological assets |
- |
- |
- |
- |
|
Costumers |
872.121,67 |
2.207.519,26 |
2.507.273,23 |
(60,49)% |
|
Advances to suppliers |
- |
- |
- |
- |
|
State and other public entities |
- |
11.795,01 |
11.103,57 |
- |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other accounts receivable |
653.983,10 |
1.470.734,93 |
989.800,53 |
(55,53)% |
|
Deferrals |
1.515,88 |
1.515,88 |
11.463,53 |
- |
|
Financial assets held for
trading |
- |
- |
- |
- |
|
Other financial assets |
25.069,05 |
31.551,05 |
31.551,05 |
(20,54)% |
|
Non-current assets held for
sale |
1.214.549,46 |
1.206.499,46 |
993.120,65 |
0,67% |
|
Other current assets |
- |
- |
- |
- |
|
Cashier and bank deposits |
424.010,72 |
165.763,56 |
138.320,73 |
155,79% |
|
Total |
8.300.009,40 |
7.513.775,54 |
6.148.752,05 |
10,46% |
|
TOTAL ASSET |
9.633.245,55 |
8.905.804,85 |
7.757.833,69 |
8,17% |
|
SHAREHOLDERS FUNDS AND
LIABILITIES SHAREHOLDERS FUNDS |
|
|
|
|
|
Capital |
500.000,00 |
500.000,00 |
500.000,00 |
- |
|
Own shares |
- |
- |
- |
- |
|
Other shareholders funds instruments |
- |
- |
- |
- |
|
Emission premiuns |
- |
- |
- |
- |
|
Legal reserves |
115.289,59 |
115.289,59 |
115.289,59 |
- |
|
Other reserves |
475.035,30 |
580.035,30 |
670.035,30 |
(18,10)% |
|
Net retained |
164.528,17 |
43.886,12 |
(13.072,59) |
274,90% |
|
Adjustments on financial assets |
403.005,30 |
403.005,30 |
403.005,30 |
- |
|
Revaluation surplus |
- |
- |
- |
- |
|
Other shareholders funds
changes |
- |
- |
- |
- |
|
Total |
1.657.858,36 |
1.642.216,31 |
1.675.257,60 |
0,95% |
|
Net income for the period |
341.703,30 |
120.642,09 |
56.958,72 |
183,24% |
|
Antecipated dividends |
- |
- |
- |
- |
|
TOTAL OF SHAREHOLDERS FUNDS |
1.999.561,66 |
1.762.858,40 |
1.732.216,32 |
13,43% |
|
LIABILITY |
|
|
|
|
|
NON-CURRENT LIIABILITIES |
|
|
|
|
|
Provisions |
- |
- |
- |
- |
|
Financing obtained |
270.977,79 |
409.985,68 |
484.287,47 |
(33,91)% |
|
Responsability for
post-employment beneficts |
- |
- |
- |
- |
|
Diferred taxes liabilities |
- |
- |
- |
- |
|
Other payable accounts |
- |
- |
- |
- |
|
Total |
270.977,79 |
409.985,68 |
484.287,47 |
(33,91)% |
|
CURRENT LIABILITIES |
|
|
|
|
|
Suppliers |
3.660.059,24 |
2.829.600,42 |
2.399.803,90 |
29,35% |
|
Advances from costumers |
- |
- |
- |
- |
|
State and other public entities |
195.425,21 |
576.848,73 |
241.255,41 |
(66,12)% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Financing obtained |
3.348.459,42 |
3.254.379,05 |
2.818.723,92 |
2,89% |
|
Other payable accounts |
153.762,23 |
67.132,57 |
76.546,67 |
129,04% |
|
Deferrals |
5.000,00 |
5.000,00 |
5.000,00 |
- |
|
Financial liabilities held for
trading |
- |
- |
- |
- |
|
Other financial liabilities |
- |
- |
- |
- |
|
Non-current liabilities held
for sale |
- |
- |
- |
- |
|
Other current liabilities |
- |
- |
- |
- |
|
Total |
7.362.706,10 |
6.732.960,77 |
5.541.329,90 |
9,35% |
|
TOTAL LIABILITIES |
7.633.683,89 |
7.142.946,45 |
6.025.617,37 |
6,87% |
|
TOTAL SHAREHOLDERS FUNDS AND
LIABILITIES |
9.633.245,55 |
8.905.804,85 |
7.757.833,69 |
8,17% |
|
INCOME STATEMENT |
|
|
|
|
|
INCOME AND EXPENSES |
|
|
|
|
|
Sales and services |
18.546.178,36 |
15.497.330,19 |
10.187.651,69 |
19,67% |
|
Operating government grants |
- |
- |
- |
- |
|
Gains/losses allocated
subsidiaries, associates and joint ventures |
119.387,61 |
69.985,10 |
- |
70,59% |
|
Variation in production
inventories |
- |
- |
- |
- |
|
Work for the entity itself |
- |
- |
- |
- |
|
Cost of goods sold and
materials consumed |
16.371.618,03 |
13.468.234,52 |
8.952.007,07 |
21,56% |
|
Suppliers and external services |
1.219.534,10 |
1.084.547,50 |
609.698,23 |
12,45% |
|
Personnel costs |
345.953,69 |
302.349,72 |
251.327,52 |
14,42% |
|
Impairment of inventories
(losses/revearsals) |
- |
- |
- |
- |
|
Impairment of receivables
(losses/revearsals) |
156.663,29 |
147.112,33 |
- |
6,49% |
|
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 |
(6.762,40) |
- |
- |
- |
|
Other income and gains |
623.400,35 |
244.746,26 |
271.543,42 |
154,71% |
|
Other expenses and losses |
85.899,05 |
25.043,59 |
32.226,83 |
243,00% |
|
Result before depreciation,
financing costs and taxes |
1.102.535,76 |
784.773,89 |
613.935,46 |
40,49% |
|
Expenses/reversals of
depreciation and amortization |
24.675,91 |
14.453,22 |
13.903,92 |
70,73% |
|
Impairment of investments
depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
Operating result (before
financing costs and taxes) |
1.077.859,85 |
770.320,67 |
600.031,54 |
39,92% |
|
Interest and similar income
obtained |
- |
- |
- |
- |
|
interest and similar expenses
incurred |
656.673,86 |
623.206,46 |
534.625,61 |
5,37% |
|
Net before taxes |
421.185,99 |
147.114,21 |
65.405,93 |
186,30% |
|
Income tax of the period |
79.482,69 |
26.472,12 |
8.447,21 |
200,25% |
|
Net profit for the period |
341.703,30 |
120.642,09 |
56.958,72 |
183,24% |
|
Results of discontinued
operations (net of taxes) included in the net icome of the period |
|
|
|
|
RATIOS SNC
|
YEAR |
2016 |
2015 |
2014 |
|
Shareholder's Funds
Profitability (Net Income /
Shareholders Funds) (%) |
17,09 |
6,84 |
3,29 |
|
Return on Assets (Operating
Result / Total Asset)(%) |
11,19 |
8,65 |
7,73 |
|
Sales Net Profitability (Net Income / Sales) (%) |
1,84 |
0,78 |
0,56 |
|
EFFICIENCY RATIOS |
|
|
|
|
Medium Term Receivable (Costumers
/ Sales) * 365 (d) |
17,16 |
51,99 |
89,83 |
|
Medium Term Payable (Suppliers
/ Purchases + Suppliers and external services)*365 (d) |
65,87 |
66,61 |
89,28 |
|
Asset Rotation (Sales /
Toral Asset) (%) |
192,52 |
174,01 |
131,32 |
|
PRODUCTIVITY RATIOS |
|
|
|
|
Gross Added Value / Employee
(#) |
135.684,32 |
105.840,99 |
96.140,33 |
|
Sales / Employee (#) |
1.686.016,21 |
1.408.848,20 |
1.131.961,30 |
|
Productivity (Gross Added Value / Personnel costs) (#) |
4,31 |
3,85 |
3,44 |
|
SHORT TERM RATIOS |
|
|
|
|
General Liquidity (Current Assets / Current Liabilities) (#) |
1,13 |
1,12 |
1,11 |
|
Reduced Liquidity (Current Assets - Inventories / Current Liabilities) (#) |
0,43 |
0,76 |
0,84 |
|
Immediate Liquidity (Cashier
and bank deposits / Current Liabilities) (#) |
0,06 |
0,02 |
0,02 |
|
MEDIUM LONG TERM RATIOS |
|
|
|
|
Financial Autonomy
(Shareholders Funds / Total Asset) (%) |
20,76 |
19,79 |
22,33 |
|
Solvability(Shareholders Funds
/ Total Liabilities) (%) |
26,19 |
24,68 |
28,75 |
|
Debt Structure (Current Liabilities / Total Liabilities) (%) |
96,45 |
94,26 |
91,96 |
|
General Debt (Total Liabilities / Total Asset) (%) |
79,24 |
80,21 |
77,67 |
|
Debt Capacity (Shareholders Funds / Shareholders
Funds + Non Current Liabilities)(%) |
88,07 |
81,13 |
78,15 |
|
Capital Structure
(Shareholder's Funds / Non Current Liabilities) (%) |
737,91 |
429,98 |
357,68 |
|
OPERATIONAL AND FINANCIAL RISK |
|
|
|
|
Operational Leverage Level (OLL) (Gross Margin / Operating Result) (#) |
2,02 |
2,63 |
2,06 |
|
Financial Leverage Level (FLL) (Gross Operating Profit / Operating Result) (#) |
2,56 |
5,24 |
9,17 |
|
Combined Leverage Level (OLL x FLL) (#) |
5,16 |
13,79 |
18,89 |
CASH
FLOWSTATEMENT
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
CASH FLOWS FROM OPERATIONAL
ACTIVITIES |
|
|
|
|
Customers receipts |
19.724.912,66 |
15.649.971,83 |
26,04% |
|
Payments to suppliers |
19.451.056,44 |
15.075.263,13 |
29,03% |
|
Payments to employees |
274.612,85 |
326.923,32 |
(16,00)% |
|
Cash at bank generated from
operations |
(756,63) |
247.785,38 |
(100,31)% |
|
Payment/receipt ofincome tax |
- |
- |
- |
|
Other receipts/payments |
447.430,77 |
(36.433,20) |
1.328,09% |
|
Cash Flows from Operational
Activities (A) |
446.674,14 |
211.352,18 |
111,34% |
|
CASH FLOWS' INVESTMENT
ACTIVITIES |
|
|
|
|
Payments regarding: |
|
|
|
|
Fixed tangible assets |
40.533,23 |
4.253,50 |
852,94% |
|
Intangible assets |
11.141,55 |
- |
- |
|
Financial investments |
103.418,14 |
- |
- |
|
Other assets |
- |
- |
- |
|
Receipts from: |
|
|
|
|
Fixed tangible assets |
8.050,00 |
- |
- |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
264.460,79 |
- |
- |
|
Other assets |
- |
- |
- |
|
Investment subsidies |
- |
- |
- |
|
Interest and similar income |
494.274,53 |
172.196,67 |
187,04% |
|
Dividends |
- |
- |
- |
|
Cash Flows' Investments
Activities (B) |
611.692,40 |
167.943,17 |
264,23% |
|
CASH FLOWS' INVESTMENT
ACTIVITIES |
|
|
|
|
Receipts from: |
|
|
|
|
Obtained financing |
- |
361.353,34 |
- |
|
Paying-up of capital and other
equity instruments |
- |
- |
- |
|
Coverage of losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Payments regarding: |
|
|
|
|
Obtained financing |
44.927,52 |
- |
- |
|
Interests and similar expenses |
656.673,86 |
623.206,46 |
5,37% |
|
Dividends |
105.000,00 |
90.000,00 |
16,67% |
|
Capital's redution and other equity instruments |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Cash Flows' Financing
Activities © |
(806.601,38) |
(351.853,12) |
(129,24)% |
|
Variation in cash at bank and its equivalents (A+B+C) |
251.765,16 |
27.442,23 |
817,44% |
|
Effect of exchange differences |
- |
- |
- |
|
Cash at bank and its
equivalents at the start of period |
197.314,61 |
169.871,78 |
16,16% |
|
Cash at bank and its
equivalents at the end of period |
449.079,77 |
197.314,01 |
127,60% |
CASH FLOWS
|
|
MOVIMENTOS DO PERIODO DE 2016 |
|
||
|
RUBRICS |
INITIAL BALANCE |
DEBITS |
CREDITS |
FINAL BALANCE |
|
PERIOD'S CARRYING AMOUNT AND
MOVEMENTS |
|
|
|
|
|
Cash in hand |
5.396,57 |
- |
4.108,60 |
1.287,97 |
|
Order deposits |
160.366,99 |
20.491.697,98 |
20.229.342,22 |
422.722,75 |
|
Other bank deposits |
0,00 |
- |
0,00 |
0,00 |
|
Total cash at bank and bank
deposits |
165.763,56 |
20.491.697,98 |
20.233.450,82 |
424.010,72 |
|
Of which: Bank deposits abroad |
- |
- |
- |
0,00 |
|
RUBRICS |
VALUE |
|
OTHER INFORMATION |
|
|
Receipts from: |
|
|
Non-life insurance claims |
- |
|
Operating subsidies |
- |
|
Cash at bank and its equivalents not available for use |
- |
ASSETS IMPAIRMENT
|
MOVIMENTOS DO PERIODO DE 2016 |
||||||
|
|
IMPAIRMENT LOSSES |
|
IMPAIRMENT LOSSES REVERSALS |
|||
|
|
RECOGNIZED
IN PROFIT AND LOSS |
ON REVALUED ASSETS RECOGNIZED IN EQUITY |
TOTAL |
RECOGNIZED
IN PROFIT AND LOSS |
RECOGNIZED IN EQUITY |
TOTAL |
|
Individual assets |
|
|
|
|
|
|
|
Fixed tangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Goodwill |
- |
- |
- |
0,00 |
- |
- |
|
Intangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Investment properties
(cost model) |
0,00 |
- |
- |
0,00 |
- |
- |
|
Investments in progress |
0,00 |
- |
- |
0,00 |
- |
- |
|
Financial investments |
0,00 |
- |
- |
0,00 |
- |
- |
|
TOTAL |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
of which: cash-generating units |
0,00 |
- |
- |
0,00 |
- |
- |
GOVERNMENT
GRANTS AND GOVERNMENT ASSISTANCE
|
|
GRANTS FROM STATE AND OTHER PUBLIC BODIES |
GRANTS FROM OTHER ENTITIES |
||
|
RUBRICS |
VALUE ASSIGNED IN THE PERIOD OR IN REVIOUS PERIODS |
VALUE ATTRIBUTED TO THE PERIOD |
VALUE ASSIGNED IN THE PERIOD OR IN PREVIOUS PERIODS |
VALUE ATTRIBU TED TO THE
PERIOD |
|
Grants related to assets/investment: |
- |
0,00 |
- |
0,00 |
|
Fixed tangible assets |
- |
0,00 |
- |
0,00 |
|
Land and Natural Resources |
- |
- |
- |
- |
|
Buildings and other structures |
- |
- |
- |
- |
|
Basic equipment |
- |
- |
- |
- |
|
Transport equipment |
- |
- |
- |
- |
|
Office equipment |
- |
- |
- |
- |
|
Biological equipment |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Intangible assets |
- |
0,00 |
- |
0,00 |
|
Development projects |
- |
- |
- |
- |
|
Computer programmes |
- |
- |
- |
- |
|
Industrial property |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Other assets |
- |
- |
- |
- |
|
Grants related to income / operating |
- |
- |
- |
- |
|
Value of repayments in the
period: |
- |
0,00 |
- |
0,00 |
|
Grants related to assets/investment |
- |
- |
- |
- |
|
Grants related to income /
operating |
- |
- |
- |
- |
|
TOTAL |
- |
0,00 |
- |
0,00 |
IMPAIRMENT LOSSES IN FINANCIAL ASSETS AT COST
OR AT AMORTIZED COST
|
|
MOVIMENTOS DO PERIODO DE 2016 |
||
|
RUBRICS |
|
|
TOTAL |
|
|
|
REVERSALS |
|
|
Receivable debts from customers |
156.663,29 |
- |
156.663,29 |
|
Other receivables |
- |
- |
0,00 |
|
Equity instruments and other
securities |
- |
- |
0,00 |
|
Others |
- |
- |
0,00 |
|
TOTAL |
156.663,29 |
0,00 |
156.663,29 |
DEBTS REGISTERED AS DOUBTFUL
|
RUBRICS |
VALUE |
|
Regarding insolvency and
company recovery procedures or enforcement procedures |
- |
|
Claimed in court |
- |
|
In arrears: |
0,00 |
|
Over six months and up to
twelve months |
- |
|
Over twelve months and up to eighteen months |
- |
|
Over eighteen months and
up to twenty four months |
- |
|
Over twenty four months |
- |
|
TOTAL |
0,00 |
EMPLOYEE BENEFITS, COMPANY EMPLOYEES AND PERSONNEL COSTS
|
RUBRICS |
AVERAGE NUMBER OF EMPLOYEES |
AVERAGE NUMBER OF HOURS WORKED |
|
Company employees, paid and unpaid |
11 |
22.880 |
|
Paid company employees |
11 |
22.880 |
|
Company UNPAID employees |
0 |
0 |
|
Company employees, by type of
working hours |
|
|
|
Full time company employees |
11 |
22.880 |
|
Of which: Full time company employees |
11 |
22.880 |
|
Part time company employees |
0 |
0 |
|
Of which: Part time company employees |
0 |
0 |
|
Company employees, by gender: |
|
|
|
Men |
7 |
14.560 |
|
Women |
4 |
8.320 |
|
Company employees, of which: |
|
|
|
Company employees assigned to Research and
Development |
0 |
- |
|
Service providers |
0 |
0 |
|
People placed through temporary
employment agencies |
0 |
- |
STAFF COSTS
|
RUBRICS |
VALUE |
|
Staff costs |
345.953,69 |
|
Governance Bodies Remuneration |
86.220,40 |
|
Of which: Profit-sharing |
0,00 |
|
Employees remuneration |
187.549,66 |
|
Of which: Profit-sharing |
0,00 |
|
Post-employment benefits |
0,00 |
|
Pension premiums |
- |
|
Other benefits |
- |
|
Of which: |
|
|
For defined contribution plans
- corporate bodies |
- |
|
For defined contribution plans
- others |
- |
|
Compensations |
- |
|
Charges on remunerations |
57.336,56 |
|
Insurance for accidents at work
and professional diseases |
10.926,46 |
|
Social security expenses |
1.236,43 |
|
Other staff costs |
2.684,18 |
|
Of which: |
|
|
Expenditure on education |
- |
|
Expenditure on uniforms |
- |
INFORMATION BY GEOGRAPHIC MARKETS
|
|
GEOGRAPHIC MARKETS |
|
||
|
RUBRICS |
INTERNAL |
EU |
EXTRA-EU |
TOTAL |
|
Sales |
16.857.948,36 |
570.218,00 |
1.110.052,00 |
18.538.218,36 |
|
Services provided |
7.960,00 |
- |
- |
7.960,00 |
|
Purchases |
6.043.450,92 |
1.187.086,12 |
11.831.444,12 |
19.061.981,16 |
|
Supplies and external services |
1.219.534,10 |
- |
- |
1.219.534,10 |
|
Acquisition of fixed tangible
assets |
40.821,48 |
- |
- |
40.821,48 |
|
Acquisition of investment
properties |
- |
- |
- |
0,00 |
|
Acquisition of intangible
assets |
11.141,55 |
- |
- |
11.141,55 |
|
Supplementary income: |
0,00 |
0,00 |
0,00 |
0,00 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies, projects and technological assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
- |
- |
- |
0,00 |
|
Memorandum: Sales and services provided (undiscounted
values) |
- |
- |
- |
0,00 |
|
Memorandum: Purchases and
supplies and external services (undiscounted values) |
- |
- |
- |
0,00 |
RECEIVABLE AND PAYABLE ACCOUNTS
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
CUSTOMERS |
|
|
|
|
Trade accounts receivable |
1.069.494,57 |
2.062.989,28 |
(48,16)% |
|
Trade notes receivable |
180.984,85 |
366.224,44 |
(50,58)% |
|
Advances received from customers |
- |
- |
- |
|
SUPPLIERS |
|
|
|
|
Trade accounts payable |
3.660.059,24 |
2.829.600,42 |
29,35% |
|
Trade notes payable |
- |
- |
- |
|
Trade accounts payable -
unchecked invoices |
- |
- |
- |
|
Advances to suppliers |
- |
- |
- |
|
STAFF |
|
|
|
|
Payable remunerations |
- |
- |
- |
|
STATE AND OTHER PUBLIC SECTOR
INSTITUTIONS |
|
|
|
|
Income Tax |
22.414,78
|
- |
- |
|
OTHER RECEIVABLE AND PAYABLE
ACCOUNTS |
|
|
|
|
additional expenses - Creditors |
58.842,82
|
|
|
|
OTHER DEBTORS AND CREDITORS |
|
|
|
|
Other debtors |
653.983,10 |
1.470.734,93 |
(55,53)% |
|
Other creditors |
94.631,16 |
67.132,57 |
40,96% |
EXPENSE
ACCOUNTS
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
Supplies and external services |
1.219.534,10 |
1.084.547,50 |
12,45% |
|
Subcontracts |
831.677,94 |
725.167,09 |
14,69% |
|
Specialized services |
252.332,88 |
251.247,88 |
0,43% |
|
Specialized works |
25.449,47 |
134.851,80 |
(81,13)% |
|
Of which: Payments to workers
placed through agencies |
- |
- |
- |
|
Advertising and promotion |
- |
- |
- |
|
Surveillance and security |
50,00 |
137,00 |
(63,50)% |
|
Fees |
199.864,78 |
102.880,72 |
94,27% |
|
Comissions |
15.459,19 |
8.591,14 |
79,94% |
|
Maintenance and repairs |
11.419,44 |
4.787,22 |
138,54% |
|
Others |
90,00 |
- |
- |
|
Materials |
20.580,51 |
6.937,63 |
196,65% |
|
Fast wear tools and utensils |
16.498,24 |
3.596,85 |
358,69% |
|
Books and technical documentation |
- |
588,00 |
- |
|
Office material |
4.082,27 |
2.752,78 |
48,30% |
|
Gift items |
- |
- |
- |
|
Others |
- |
- |
- |
|
Energy and fluids |
18.485,98 |
16.115,36 |
14,71% |
|
Electricity |
1.702,09 |
1.479,94 |
15,01% |
|
Fuels |
16.190,85 |
14.203,28 |
13,99% |
|
Water |
593,04 |
432,14 |
37,23% |
|
Others |
- |
- |
- |
|
Travel, lodging and transportation |
69.861,71 |
61.889,56 |
12,88% |
|
Travel and lodging |
68.451,71 |
61.889,56 |
10,60% |
|
Transport of personnel |
- |
- |
- |
|
Transport of goods |
1.410,00 |
- |
- |
|
Others |
- |
- |
- |
|
Different services |
26.595,08 |
23.189,98 |
14,68% |
|
Rents and leases |
- |
- |
- |
|
Of which: Rents from land |
- |
- |
- |
|
Communication |
12.219,57 |
12.352,39 |
(1,08)% |
|
Insurance |
9.371,13 |
5.840,36 |
60,45% |
|
Royalties |
- |
- |
- |
|
Litigation and Notaries |
1.153,36 |
1.377,55 |
(16,27)% |
|
Representation expenses |
- |
- |
- |
|
Cleaning, hygiene and comfort |
3.783,64 |
3.619,68 |
4,53% |
|
Other services |
67,38 |
- |
- |
DELIBERATION OF APPROVAL
OF ACCOUNTS
Were the financial year's accounts approved?
YES
Data da Aprovação: 27-03-2017
By (Unanimity/Majority):
Unanimity
Percentage of issued votes related to the share capital subscribed
with voting right 100
The accounts were approved:
In universal meeting
Through deliberation by writing vote
The accounts were approved:
In POC/SNC/NCM (National Plan of Accounts/Accounting Normalization
System/Accounting Normalization for micro entities)
PROFIT
APLICATION ACCORDING TO THE DELIBERATION THAT APPROVED THE FINANCIAL YEAR'S
ACCOUNTS
|
RUBRICS |
2016 |
2015 |
|
Retained earnings |
506.231,47 |
164.528,21 |
|
Allocated results / Available
profits |
0,00 |
0,00 |
|
Percentages or bonuses to
managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
- |
- |
|
Coverage of losses |
- |
- |
|
7. Others |
- |
- |
|
BALANCE (1-2-3-4-5-6-7) |
506.231,47 |
164.528,21 |
MANAGEMENT
REPORT / ASSESSMENT OF THE INSPECTION BODY / LEGAL CERTIFICATION OF ACCOUNTS
MANAGEMENT
REPORT
Were the Management Report and financial year's accounts prepared?
YES
Were the management report and the financial year's accounts
signed by all members of the management / administration?
YES
ASSESSMENT
OF THE INSPECTION BODY
The entity has an inspection body?
YES
Has the inspection body issued an assessment?
YES
The inspection body pronounced:
In favour of the approval of accounts
LEGAL
CERTIFICATION OF ACCOUNTS (CLC)
Is the entity required to have certified accounts by a Statutory
Auditor/Statutory Audit Firm?
YES
Identificação do ROC: 130244724
Was the Legal certification of accounts issued?
YES
Without reservation
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 66.66 |
|
|
1 |
INR 90.66 |
|
Euro |
1 |
INR 80.01 |
|
Euro |
1 |
INR 79.84 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
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.