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MIRA
INFORM REPORT
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Report No. : |
510374 |
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Report Date : |
24.05.2018 |
IDENTIFICATION DETAILS
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Name : |
OOO AKRA |
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Registered Office : |
13 Ya Liniya 14, Liter B, Vasileostrovskiy District,
199034 Saint Petersburg, Russia |
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Country : |
Russian |
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Financials (as on) : |
31.12.2016 |
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Date of Incorporation : |
01.03.2004 |
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Com. Reg. No.: |
OGRN 1047839005906 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of other food, including fish, crustaceans and
molluscs; |
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No. of Employees : |
150 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A+ |
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Credit Rating |
Explanation |
Rating Comments |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Russian |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
RUSSIAN - ECONOMIC OVERVIEW
Russia has undergone significant changes since the collapse of the Soviet Union, moving from a centrally planned economy towards a more market-based system. Both economic growth and reform have stalled in recent years, however, and Russia remains a predominantly statist economy with a high concentration of wealth in officials' hands. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy, transportation, banking, and defense-related sectors. The protection of property rights is still weak, and the state continues to interfere in the free operation of the private sector.
Russia is one of the world's leading producers of oil and natural gas, and is also a top exporter of metals such as steel and primary aluminum. Russia is heavily dependent on the movement of world commodity prices as reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global prices. The economy, which had averaged 7% growth during the 1998-2008 period as oil prices rose rapidly, has seen diminishing growth rates since then due to the exhaustion of Russia’s commodity-based growth model.
A combination of falling oil prices, international sanctions, and structural limitations pushed Russia into a deep recession in 2015, with GDP falling by close by 2.8%. The downturn continued through 2016, with GDP contracting another 0.2%, but was reversed in 2017 as world demand picked up. Government support for import substitution has increased recently in an effort to diversify the economy away from extractive industries.
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Source
: CIA |
COMPANY SUMMARY |
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COMPANY NAME |
OOO AKRA |
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ADDRESS |
Building |
Street |
Area |
PO Box |
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N/A |
Gakkelevskaya Street 21, Liter A |
Primorskiy
District |
197227 Saint Petersburg |
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TEL/FAX |
Verified Phones: (+7 812) 640 6401 /
Fax: (+7 812) 647 0970 |
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EMAIL/WEBSITE |
Email: rz@akratrade.com / Website: www.defagroup.com |
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ACTIVITY |
NACE 4638 - Wholesale of other food, including fish, crustaceans
and molluscs; |
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PRINCIPAL |
Raivis Zabis |
Workforce |
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Managing Director |
150 |
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LEGAL INFO |
Date Of Est. |
Reg. No. |
Legal Form |
Status |
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01/03/2004 |
OGRN
1047839005906 |
LLC |
Active |
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CAPITAL |
CURRENCY |
AMOUNT |
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RUBLE (RUB) |
15,000,000 |
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COMPANY INFORMATION
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IDENTIFICATION |
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CO. NAME |
OOO AKRA |
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ENQUIRED NAME |
AKRA LLC |
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TRADEMARK |
DEFA / FISHKA / FISH & MORE
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ALSO KNOWN NAME (S) |
AKRA LLC / DEFA Group /
Kompaniya DEFA |
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FORMER NAME |
ZAO ARVIAY / CJSC ARVIAY |
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STREET |
Gakkelevskaya Street 21, Liter A |
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AREA |
Primorskiy District |
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POSTAL ADDRESS |
197227 Saint Petersburg |
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CITY |
Saint Petersburg |
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COUNTRY |
Russia |
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TELEPHONE |
(+7 812) 640 6401 / Mobiles (+7 931) 201 6235 / (+7 915) 003 5040 |
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FAX |
(+7 812) 647 0970 |
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VERIFIED EMAIL |
rz@akratrade.com /
info@defagroup.com /
a.aleynik@akratrade.com |
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WEBSITE |
www.defagroup.com |
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BUSINESS HOURS |
DAYS |
OFFICE HOURS |
BREAK TIME |
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Mon-Fri |
09:00-18:00 |
13:00-14:00 |
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REGISTERED ADDRESS |
13 Ya Liniya 14, Liter
B, Vasileostrovskiy District, 199034 Saint Petersburg, Russia |
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SENIOR PERSONNEL |
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MANAGEMENT |
NAME |
POSITION |
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Raivis Zabis |
Managing Director |
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Ekaterina Sergeevna
Osipova Egor Daynenko Oleg Revyakin Ms. Maria |
Purchasing Manager Branch Manager Retail Sales Manager Admin. Manager |
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WORKFORCE |
NO. OF EMPLOYEES |
PERIOD |
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150 |
05.2018 |
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FINANCIAL SUMMARY |
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REVENUE |
31/12/2017 |
31/12/2016 |
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RUBLE 10,200,000,000 |
RUBLE 10,993,794,000 |
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NET PROFIT / (LOSS) |
31/12/2017 |
31/12/2016 |
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RUBLE 250,000,000 |
RUBLE 293,849,000 |
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PROFIT BEFORE TAX |
RUBLE 366,748,000 as of 31/12/2016 |
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STOCK/INVENTORIES |
RUBLE 816,790,000 as of 31/12/2016 |
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FISCAL YEAR-END |
31 December |
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LEGAL STATUS |
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INCORPORATION |
01/03/2004 |
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REGISTRATION NO. |
C.R. NUMBER |
ISSUED BY |
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OGRN 1047839005906 |
Federal Tax Service |
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OTHER REGISTRATION
NO. |
INN 7840012043 (Tax Code) /
KPP 780101001 / OKPO 72428169 (Statistics Code) / OKTMO 40307000000 / OKATO
40263 |
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AUTHORISED CAPITAL |
AMOUNT |
CURRENCY |
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15,000,000 |
RUBLE |
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PAID-UP CAPITAL |
AMOUNT |
CURRENCY |
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15,000,000 |
RUBLE |
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BUSINESS HISTORY |
The Company was incorporated in Russia on 1 March 2004 as a closed
joint stock company under the name ZAO ARVIAY. Later on, subject was converted into a limited
liability company with the present name and shareholding structure. However,
subject’s origins of business activities can be traced back to 1995. |
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LEGAL FORM |
Limited Liability Company |
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STATUS |
Active |
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SHAREHOLDERS |
NAME |
PERCENTAGE |
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Denis Sergeevich Repinskiy Nationality: Russian Tax Code: INN 780529773890 |
100.00% |
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OPERATION |
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BANKERS |
1. PAO
Sberbank Vavilova Street 19 117997 Moscow Russia Telephone: (+7 495) 957 5731 Fax
: (+7 495) 747 4758 2. JSC Alfa-Bank Moskovskiy Avenue 74, Liter A, Apartment
2H Frunzenskiy District Saint Petersburg Telephone: (+7 495) 755 5858 Fax
: (+7 495) 755 5858 Subject
also has an account with other local banks. |
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ACTIVITY CODE
(NACE) |
4638 - Wholesale of
other food, including fish, crustaceans and molluscs; |
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LINE OF BUSINESS |
Trading as importers and wholesalers of seafood and fish, including: - bivalves (mussels, oysters, scallops); - shellfish (crab, shrimp, lobster, cancer, krill, lobster,
langoustine); - cephalopods (squid, octopus, cuttlefish); - echinoderms (sea cucumber and holothurian); - seaweed (kelp, red or brown). - salmonids; - pelagic fish; - white wish. Processors and producers of finished fish products under the trademark
“FISH&MORE” and FISHKA. Subject’s clients include: Ashan, O’key, X5 Retail Group, METRO, Azbuka
Vkusa, Globus, SELGROS CASH&CARRY, MAGNIT, POK, MERIDIAN, Baltiyskiy
Bereg, ASTO, NORLI, Sladkaya Zhizn, Good Seafood, SUBMARINE and SFERM. |
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IMPORT FROM |
Worldwide, mainly from Faroe Islands, Chile, Peru, Ecuador, Argentina,
USA, Canada, New Zealand, Indonesia, Singapore, India, Turkey, China, Taiwan,
Vietnam, Finland, Norway, Denmark, Germany, Spain, France, Italy, UK, Ireland
and Iceland. |
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EXPORT TO |
CIS countries, mainly to Kazakhstan.
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TRADE REFERENCES |
1. P/F Pelagos Bakkavegur 62 FO-530
Fuglafjorur Faroe Islands 2. Fujian Dongshan Haikui Aquatic Products Group Co. Dongshan County Economic And
Technology Development Area Fujian
China 3. Vestmanna Seafood Bakkavegur 17. FO-350
Vestmanna Faroe Islands 4. Empresas Aquachile S.A. Cardonal S/N Lote B.Puerto
Montt.Reg No. 10636, Chile 5. Dalian Hongsheng Foods Co., Ltd Paifang Village, Qingdui Town,
Zhuaghe City, Dalian 2100/02881 China 6. Pesquera del Mar Antartico S.A. Bima 338, Puerto Montt Chile 7. Dalian Hongsheng Foods Co., Ltd Paifang Village, Qingdui Town,
Zhuaghe City, Dalian China, 2100/02881 8. CEPROMAR S.A. 677 Lot Los Ranchos Mz 84 Sl
15 Via Daule Km 12 GUAYAQUIL Ecuador 9. Zhoushan Taihe Foods Co.Ltd No. C Zhanmao Industrial
District Putuo Zhoushan Zhejiang China 10.P/F Bakkafrost Harvest (FO 103) Faroe Islands 11.Productos Del Mar Ventisqueros S.A. Ruta 5 Sur Km 1029, Sector
Alto Bonito, Puerto Montt/Los Lagos
Reg№10707 Chile 12.TASERMIUT (Royal Greenland Pelagic A/S), GL 5847/n P.O. BOX 709, 3900 Nuuk Greenland 13.IBERMAR S.A. Puerto Madryn – Chubut Argentina 14.PASTA BERRUTO SPA Via Sommariva 139/141 - 10022
Carmagnola (Torino) Italy 15.Hung Vuong Vinh Long Co.Ltd/n No.197,14/9 Street,Ward 5,Vinh
Long City, Vinh Long Province Vietnam 16.Callut Tarim Turizm Ve Su Urunleri Ith.Ihr Sanayi Ve Ticaret Ltd.Sti. TR 42-0536 Tolca Mah. Huyuk
Konya Turkey |
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FACILITIES |
Premises comprising administrative offices located at the heading
address as well as 12 retail stores and branch offices located throughout
Russia (see “Branch Offices” below). |
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BRANCH OFFICES |
1. Saint Petersburg Store Volkhonskoye highway 12-2, Industrial zone Gorelovo Warehouse complex "All
year" 2. Moscow Branch 102/1 Mira prospect, Park Mira
Office Center Tel: (+7 495) 926 7842 3. Moscow Store Domodedovo, 2 Kashirskoe
highway, office 204/206, PFK BIN cold
store complex Tel: (+7 495) 926 3268/69 4. Novosibirsk Store & Branch Office 4 Proezd Severniiy, 830088 Tel: (+7 343) 335 1006 5. Yekaterinburg Store & Branch Office 22A Montazhnikov st., Polaris
Industrial Base, 620050 Tel: (+7 343) 287 0793 6. Yekaterinburg Store No. 2 Novosverdlovskaya HES,
refrigerated terminal "Fregat" 7. Samara Store & Branch Office 22/1 Maltseva prospect, office
№13 Tel: (+7 846) 207 1354 8. Krasnodar Branch Republic of Adygeya,
Teuchezhskiy region, Tlustenhabl town, a/m 4M DON
1345km+410m. Tel: (+7 861) 203 4022 |
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RELATED COMPANIES |
Subsidiary OOO Defa Fishing Gakkelevskaya Street 21, Liter A Saint Petersburg 197227 Managing Director: Yulia Leontieva Est.: 20/03/2017 C.R. No.: 1177847103323 Tax Code: INN 7814684835 Shareholders: OOO AKRA – 95% Vladimir Kalimullin – 5% Former Associate OOO FISHKA Proezd Severniy 4 Novosibirsk 630088 Est.: 16/10/2008 C.R. No.: OGRN 1085403016511 Tax Code: INN 5403216724 Sole Shareholder: Denis Sergeevich Repinskiy Status: Liquidated Date of Liquidation: 13/05/2013 |
FINANCIAL INFORMATION |
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CURRENCY |
RUBLE |
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PERIOD |
31/12/2016 |
31/12/2015 |
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CURRENT ASSETS |
1,913,238,000 |
1,587,981,000 |
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STOCK/INVENTORIES |
816,790,000 |
584,117,000 |
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NON-CURRENT ASSETS |
3,768,000 |
2,433,000 |
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CURRENT LIABILITIES |
554,811,000 |
655,070,000 |
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NON-CURRENT LIABILITIES |
756,542,000 |
623,541,000 |
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EQUITY |
605,653,000 |
311,804,000 |
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BALANCE TOTAL |
1,917,006,000 |
1,590,415,000 |
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REVENUE |
10,993,794,000 |
9,120,027,000 |
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NET PROFIT / LOSS |
293,849,000 |
262,338,000 |
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NOTES |
Balance sheets as at 31
December 2016 showed : 31/12/2016 31/12/2015 (in RUBLE) ASSETS Non-current assets Fixed assets 3,385,000 2,039,000 Deferred tax
assets 383,000 394,000 Total non-current assets 3,768,000 2,433,000 Current assets Stock 816,790,000 584,117,000 Value added tax on purchased
valuables 293,000 438,000 Trade receivables 676,924,000 538,847,000 Cash equivalents 418,783,000 464,029,000 Other current assets 447,000 551,000 Total current assets 1,913,238,000 1,587,981,000 TOTAL ASSETS 1,917,006,000 1,590,415,000 EQUITY &
LIABILITIES Share capital 15,000,000 15,000,000 Retained earnings 590,653,000 296,804,000 Total Equity 605,653,000 311,804,000 Long-term liabilities Borrowings 757,279,000 622,870,000 Deferred tax liabilities -736,000 671,000 Total long-term liabilities 756,542,000 623,541,000 Short-term liabilities
Borrowings 299,640,000 387,207,000 Accounts payables 254,649,000 267,273,000 Total Short-term Liabilities 554,811,000 655,070,000 TOTAL EQUITY & LIABILITIES 1,917,006,000 1,590,415,000 INCOME STATEMENT Revenue 10,993,794,000 9,120,027,000 Cost of Sales (10,344,419,000) (8,670,336,000) Gross Profit 649,375,000 449,691,000 Commercial expenses (206,657,000) (178,904,000) Profit(loss) from sales 442,718,000 270,787,000 Other income and
expenses Interest income 1,230,000 5,000 Interest payable (103,049,000) (70,360,000) Other income 539,185,000 708,169,000 Other expenses (513,336,000) (579,130,000) Profit(loss) before taxation 366,748,000 329,471,000 Change in deferred tax assets (10,000) (30,000) Change in deferred tax liabilities (1,407,000) 671,000 Current income tax (73,945,000) (66,432,000) Net Profit(loss) 293,849,000 262,338,000 |
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SPECIAL REMARKS |
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INTERVIEWED |
Ms. Maria (Admin.
Manager). |
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COMMENTS |
You enquired on: AKRA
LLC. Please note that this name applies to an English translation of the
subject’s name. Subject’s correct registered name is as per heading. The address which you
provided: 14-B VO 13 YA LINIYA 199034 SAINT PETERSBURG applies to subject’s
registered office address. Please note that subject's administrative office
address is as per heading. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 68.02 |
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1 |
INR 91.25 |
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Euro |
1 |
INR 80.07 |
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RUB |
1 |
INR 1.11 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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NIY |
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Report Prepared
by : |
KET |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably on
secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.