Date : 27/07/2011 12:28:00 INVESTIGATED REPORT

Commercial investigation supported by updated financial information, especially indicated for commencement of transactions with an unknown company in cases of maximum urgency.
Customer reference: 00000000
CIC: 00000000


COMPANY: EXAMPLE COMPANY SL
Juridical form: X00000000
Trade Name: EXAMPLE
Status : ACTIVE
Establishment Date: 27/06/2000
Register Data: Register Section 0 Sheet 0000
Last Publication in BORME: 09/09/2010  [Annual accounts' deposit]
Last Published Account Deposit: 2009
Share Capital: 30.050,61
Localization : EXAMPLE STREET - COSPEITO - 00000 - LUGO
Telephone - Fax - Email - Website: Ph.:. 000000000   Fax. 000000000   Email. info@example.com   Website. www.example.com
Activity : Wholesale of agricultural machinery, equipment and supplies
NACE :
4661 - Wholesale of agricultural machinery, equipment and supplies View Legal Form
Audited / Opinion: No
Tenders and Awards: No
Subsidies: No
Quality Certificate: No
Scoring and Risk:
7 /10 Scoring-7  
Maximun Solvency Capacity:  2.259
Default Risk: 4.2%
Payment Behaviour : According to the agreed terms
Course : Stable
Prospects : Consolidation
Industry situation : Maturity
Guarantees :
Properties Registered : Company No , Administrator Yes
Financing / Guarantee Sources : Sources NO, Guarantees NO
Defaults, Legal Claims and Insolvency Proceedings:
 
Number
Amount
Most Recent Entry
Insolvency Proceedings, Bankruptcy and Suspension of Payments
Unpublished
-
---
Defaults on debt with Financial Institutions and Large Companies
None
 -
---
Legal and Administrative Proceedings
None
 -
 -
Proceedings heard by the Civil Court
Unpublished
 -
---
Proceedings heard by the Labour Court
Unpublished
 -
---
Research Summary
The subject was registered in 2000 in Lugo and it is engaged in the distribution of agricultural, livestock and forestry machinery, both new and used.

The subject depends on external funding, as its own resources are insufficient to meet with its borrowings, however, its own funds cover its investment in fixed assets.


IDENTIFICATION
Social Denomination: EXAMPLE COMPANYSL
Trade Name: EXAMPLE
Easy Number: 00000000000000
Juridical form: X000000000
Company Status: ACTIVE
Start of activity: 2000
Registered Office: Example Street, S/N.
Locality: COSPEITO
Province: LUGO
Postal Code: 00000
Telephone: 000000000
Fax: 000000000
Website: www.example.com
Email: info@example.com
ACTIVITY
NACE: 4661 - Wholesale of agricultural machinery, equipment and supplies
Legal Form: LA COMPRAVENTA, REPARACION DE MAQUINARIA AGRICOLA. INDUSTRIAL, MONTAJE DE INSTALACIONES GANADERAS, INCLUYENDO IMPORTACION, ASI COMO VENTA DE RECAMBIOS Y ACCESORIOS

Additional information: The subject is engaged in the distribution of agricultural, livestock and forestry machinery, both new and used (tractors, forage harvesters, wagons - picks, harvest machinery, etc).

It uses de trade name EXAMPLE .

Registered office, administrative offices, warehouse and rest of premises, rented premises, in an area of 6.500 m2, are located in Example Street - Meira km 20, 00000 Muimenta - Cospeito (Lugo).
Imports/Exports: IMPORTS
Course: Stable
Future Perspective: Consolidation
Industry situation: Maturity
 Description of Activity

 
 Number of Employees

 Staff

 Financial Year  Permanent Employees  Temporary Employees
 2009  0  1


Number of Employees according to the investigation
Year No. of employees % Established % Incidentals
2011 1
Defaults, Legal Claims and Insolvency Proceedings

Section enabling assessment of the degree of compliance of the company queried with its payment obligations. It provides information on the existence and nature of all stages of Insolvency and Legal Proceedings published with reference to the Company in the country''s various Official Bulletins and national newspapers, as well Defaults Registered in the main national credit bureaus (ASNEF Industrial and RAI).

Summary

Chronological summary

Proceedings and Stages Number
2011201020092008200720062005
  INSOLVENCY PROCEEDINGS, BANKRUPTCY AND SUSPENSIONS OF PAYMENTS Unpublished
REQUEST \ DECLARATION  -
IN PROCESS  -
RESOLUTION  -

  DEFAULT ON DEBT WITH FINANCIAL INSTITUTIONS AND LARGE COMPANIES   None
STATUS: FRIENDLY ---
STATUS: PRE-LITIGATION ---
STATUS: LITIGATION ---
STATUS: NON-PERFORMING ---
STATUS: INSOLVENCY PROCEEDINGS, BANKRUPTCY, SUSPENSION OF PAYMENTS ---
Miscellaneous ---

  JUDICIAL AND ADMINISTRATIVE INCIDENCE Unpublished
NOTIFICATIONS OF DEFAULTS AND ENFORCEMENT -
SEIZURES -
AUCTIONS -
DECLARATIONS OF INSOLVENCY AND BAD DEBT -

  PROCEEDINGS HEARD BY THE CIVIL COURT Unpublished

  PROCEEDINGS HEARD BY THE LABOUR COURT Unpublished

Details

 

DEFAULT ON DEBT WITH FINANCIAL INSTITUTIONS AND LARGE COMPANIES

Product Number of Defaults
MORTGAGE LOAN, PERSONAL LOAN -
OVERDRAFT IN CURRENT ACCOUNT, CREDIT CARD, PRIVATE LABEL CARD OR DEBIT CARD -
CREDIT POLICY, BUSINESS DISCOUNT -
INSURANCE, RENTAL -
LEASING, FACTORING, RENTING, CONFIRMING -
TELECOMMUNICATIONS -
AUTOMOBILE FINANCING, CAPITAL EQUIPMENT OR CONSUMER GOODS -
COLLATERAL and GUARANTEES -
Miscellaneous -

Legal Notice

This data has been obtained from consultation of the ASNEF Industrial register. It may only be used for the purposes of awarding credit, monitoring credit and managing loans. This data may not be reused or included in any database, and may not be ceded .

AXESOR SCORING

Section showing the range of credit quality for the company queried and details of the criteria and variables used as a basis for the scoring assigned by axesor.

7 /10 Scoring-7  Riesgo Moderate   Trend Neutra

Basis for scoring


Positive Factors:

No judicial claims have been detected in the Official Gazettes, regarding any Company's outstanding debts with the Tax Bureau or Social Security administrations, as submitted by Courts of the various court jurisdictions.ROE amplifying effect. Total Economic Rate of Return in 2009 is higher than the Borrowing Cost; therefore, the leverage is higher than the unit and has a ROE amplifying effect. This, in principle, indicates that the company's ROI is higher than its investment financing cost.Positive Working CapitalThe Company's Working Capital quality is significant, i.e. much of the Company financing comes from its equity. A structure is considered optimal if its liquidity level is slightly above its debt volume as a result of low idleness levels of its financial resources involved.The company has a low level of indebtedness with credit institutions and, therefore, no imperative enforcement in debt repayment.The Company has profits before taxes resulting from its investment in assets.

Adverse Factors:

The debts incurred by the company, as a function of the expected return on income and financial cost, amount to more than twice its equity.
Lower current assets turnover ratio. Current assets recovery rate through income obtained from performance of business activities, as compared to the sector average, shows that current assets turnover is significantly lower than the sector average.
A significant sales volume reduction, below that of the Sector, is observed, with the Company losing market share accordingly.
Solvency lower than sector solvencyThe company's capacity to bear the cost derived from debts incurred with third parties is significantly lower than the sector average value.
No Company's subsidiaries or branches are known.

Most relevant data :

More than adequate capacity to meet its financial obligations. However, this capacity has a higher probability to deteriorate in the mid-long term than in higher categories.


TREND OF SCORING
Latest Scoring Changes :

Scoring Evolution Date Event
Neutra 21/07/11 Updating of financial statements.
Neutra 23/05/11 Updating of information related to subsidies or other public aid.
Positive 22/04/11 Revisión del scoring a los cambios en las condiciones económicas y el comportamiento en pago de las empresas del sector.
07/03/10 First scoring using the new Axesor models

Most relevant data :

The information contained in the latest annual statements has led to a Scoring review for the company.

DEFAULT PROBABILITY

Section showing the probability that the company queried will not be able to meet the business obligations it takes on over the next 12 months, as well as a comparison against the average probability within the sector.

The Estimated Probability of Default should be interpreted as the number of companies (with similar profiles to that of the company queried) whose loans have turned non-performing or delinquent, as a percentage of the total number of companies..


Probabilidad Estimada de Impago para los próximos 12 meses:  4.2 %


Sector in which comparison is carried out :

 466 Wholesale of other machinery, equipment and supplies

Relative Position:

Credit quality is inferior to that of other companies in the same sector.

Most relevant data :

The company's comparative analysis with the rest of the companies that comprise the sector, shows the company holds a better position with regard to the probability of non-compliance.
The 72.00% of the companies of the sector EXAMPLE COMPANYSL belongs to show a higher probability of non-compliance.

The probability of the company's non-compliance with its payment obligations within deadlines estimated by our qualifications models is 4.17%.
In the event they fail to comply with the payment, the seriousness of the loss will depend on factors such as the promptness of the commencement of the charging management, the existence of executive documents which match the credit or the existence of guarantees and free debt assets under the name of the debtor. Therefore, the probability of non-compliance should not be solely interpreted as the total loss of the owed amount.
CREDIT OPINION
Maximun Solvency Capacity: Favourable until  2.259 € (Guideline value of outstanding commercial balance that axesor recommends be awarded to or maintained with the company queried)

MERCANTILE INFORMATION
Chronological summary of commercial acts
Caption: Important Act Very important The number of published acts is between parenthesis

2000
Appointments/ Re-elections (1)
Company Formation (1)
2002
Accounts deposit (ejer. 2000, 2001)
2003
Accounts deposit (ejer. 2002)
2004
Accounts deposit (ejer. 2003)
2005
Accounts deposit (ejer. 2004)
2006
Accounts deposit (ejer. 2005)
2007
Accounts deposit (ejer. 2006)
2008
Accounts deposit (ejer. 2007)
2009
Accounts deposit (ejer. 2008)
2010
Accounts deposit (ejer. 2009)
Breakdown of Owners' Equity
Registered Capital: 30.050,61 euros.
Paid up capital: 30.050,61 euros.
Current Partners
Percentage Name
40% L... F... J... L...td>
40 % L... R... M...
20 % L... O... C...
  BOARD OF ADMINISTRATION
   Active Social Bodies - Total: 1

 Post published  Social Body's Name   Appointment Date Positions in this Society
      SINGLE ADMINISTRATOR: L... F... J... L... 29/08/2000 1

MANAGERS
Published Post Name
ADMINISTRATOR J... L... L... F...
DIRECTOR/GENERAL MANAGER J... L... L... F...
REFERENCES
Clients
Customer references:
Customers' feedback: Trade area is mainly regional.
Suppliers
Name Nif Telephone
J...
SALES VOLUME
Total Sales 2010: 700.000
ACCOUNTS AND BALANCE SHEET RESULTS
  Fiscal years accounts were submitted:

Financial Year Type of Annual Accounts Model Deposit: month and year  End Date
2009 Agosto  2010 31/12/2009
2008 Octubre  2009
2007 Agosto  2008
2006 Agosto  2007
2005 Agosto  2006 31/12/2005
2004 Agosto  2005 31/12/2004
2003 Agosto  2004 31/12/2003
2002 Julio  2003 31/12/2002
2001 Julio  2002 31/12/2001

  Other Fiscal Years that accounts were submitted: 
2000  (presentado en Septiembre de 2001)

 
 Balance Sheet Data - Normal Accounts
    The data in the report regarding the last Company Accounts submitted by the company is taken from the TRADE REGISTER serving the region in which the company's address is located 31 of December of 2009

 
 Balance en formato Abreviado de acuerdo al Nuevo Plan General Contable 2007

 Information corresponding to the fiscal years designated as ORIGINAL taken from information submitted to the TRADE REGISTER.
 Information corresponding to the fiscal years designated as EQUIVALENCE, has been calculated based on the criteria established by the transitory provisions of the new General Accounting Plan.
 For cases where relevant provisions do not establish equivalence criteria, axesor has drawn them up using its own methodology. To view a detailed description of the methodology employed for each section, click on the information icon. Very important Relevant
Very Relevant   Relevant
ORIGINAL EQUIVALENCE EQUIVALENCE EQUIVALENCE EQUIVALENCE
Assets 2009 2005 2004 2003 2002
  A) NON-CURRENT ASSETS 11000 98.298 1.109 0 0 0
        I. Intangible fixed assets 11100 0 0 0 0 0
        II. Tangible fixed assets 11200 98.298 1.109 0 0 0
        III. Real estate investment 11300 0 0 0 0 0
        IV. Long-term investments in Group companies and associates 11400 0 0 0 0 0
        V. Long-term financial investments 11500 0 0 0 0 0
        VI. Assets for deferred tax 11600 0 0 0 0 0
        VII. Non-current trade debtors 11700 0 0 0 0 0
  B) CURRENT ASSETS 12000 1.082.575 582.938 423.478 546.601 392.253
        I. Non-current assets held for sale 12100 0 0 0 0 0
        II. Stocks 12200 1.056.627 551.591 372.406 324.211 366.623
        III. Trade debtors and others receivable accounts 12300 2.752 26.089 32.380 156.363 0
              1.- Customers for sales and provisions of services 12380 2.752 26.089 32.380 156.363 0
                    a) Long-term receivables from sales and services supplied 12381 0 26.089 32.380 156.363 0
                    b) Customers for sales and provisions of services 12382 2.752 0 0 0 0
              2.- Called up share capital 12370 0 0 0 0 0
              3.- Other accounts receivable 12390 0 0 0 0 0
        IV. Short-term investments in Group companies and associates 12400 0 0 0 0 0
        V. Short-term financial investments 12500 0 0 0 0 0
        VI. Short-term accruals 12600 0 0 0 0 0
        VII. Cash and other equivalent liquid assets 12700 23.195 5.258 18.692 66.027 25.630
  TOTAL ASSETS (A + B) 10000 1.180.872 584.047 423.478 546.601 392.253

ORIGINAL EQUIVALENCE EQUIVALENCE EQUIVALENCE EQUIVALENCE
Liabilities and Net Worth 2009 2005 2004 2003 2002
  A) NET WORTH 20000 105.572 85.277 77.125 68.057 50.954
        A1) Shareholders' equity 21000 105.572 85.277 77.125 68.057 50.954
              I. Capital 21100 30.051 30.051 30.051 30.051 30.051
                    1.- Registered capital 21110 30.051 30.051 30.051 30.051 30.051
                    2.- (Uncalled capital) 21120 0 0 0 0 0
              II. Share premium 21200 0 0 0 0 0
              III. Reserves 21300 69.839 47.074 38.086 20.983 7.938
              IV. (Common stock equity) 21400 0 0 0 0 0
              V. Profit or loss brought forward 21500 0 0 0 0 0
              VI. Other shareholders' contributions 21600 0 0 0 0 0
              VII. Result of the period 21700 5.682 8.152 8.988 17.024 12.966
              VIII. (Interim dividend) 21800 0 0 0 0 0
              IX. Other net worth instruments 21900 0 0 0 0 0
        A2) Adjustments due to changes in value 22000 0 0 0 0 0
        A-3) Received subsidies, donations and legacies 23000 0 0 0 0 0
  B) NON-CURRENT LIABILITIES 31000 50.406 0 0 0 0
        I. Long-term provisions 31100 0 0 0 0 0
        II. Long-term creditors 31200 50.406 0 0 0 0
              1.- Amounts owed to credit institutions 31220 50.406 0 0 0 0
              2.- Creditors from financial leasing 31230 0 0 0 0 0
              3.- Other long-term creditors 31290 0 0 0 0 0
        III. Long-term debts with Group companies and associates 31300 0 0 0 0 0
        IV. Liabilities for deferred tax 31400 0 0 0 0 0
        V. Long-term accruals 31500 0 0 0 0 0
        VI. Non-current trade creditors 31600 0 0 0 0 0
        VII. Special long-term debts 31700 0 0 0 0 0
  C) CURRENT LIABILITIES 32000 1.024.894 498.770 346.353 478.543 341.299
        I. Liabilities linked to non-current assets held for sale 32100 0 0 0 0 0
        II. Short-term provisions 32200 0 0 0 0 0
        III. Short-term creditors 32300 0 498.770 346.353 478.543 341.299
              1.- Amounts owed to credit institutions 32320 0 498.770 346.353 478.543 341.299
              2.- Creditors from financial leasing 32330 0 0 0 0 0
              3.- Other short-term creditors 32390 0 0 0 0 0
        IV. Short-term debts with Group companies and associates 32400 0 0 0 0 0
        V. Trade creditors and other accounts payable 32500 1.024.894 0 0 0 0
              1.- Suppliers 32580 646.303 0 0 0 0
                    a) Long-term debts 32581 0 0 0 0 0
                    b) Short-term debts 32582 646.303 0 0 0 0
              2.- Other creditors 32590 378.592 0 0 0 0
        VI. Short-term accruals 32600 0 0 0 0 0
        VII. Special short-term debts 32700 0 0 0 0 0
  TOTAL NET WORTH AND LIABILITIES (A + B + C) 30000 1.180.872 584.047 423.478 546.601 392.253

ORIGINAL EQUIVALENCE EQUIVALENCE EQUIVALENCE EQUIVALENCE
Profit and Loss 2009 2005 2004 2003 2002
        1. Net turnover 40100 752.380 364.886 402.295 562.183 273.897
        2. Changes in stocks of finished goods and work in progress 40200 0 0 0 0 0
        3. Works carried out by the company for its assets 40300 0 0 0 0 0
        4. Supplies 40400 -530.496 -251.691 -273.671 -465.241 -190.952
        5. Other operating income 40500 220 0 0 783 0
        6. Personnel costs 40600 -18.450 0 0 0 0
        7. Other operating costs 40700 -191.989 -99.696 -114.010 -71.504 -64.189
        8. Amortisation of fixed assets 40800 -1.236 -47 -79 -79 -79
        9. Allocation of subsidies of non-financial fixed assets and other 40900 0 0 0 0 0
        10. Excess provisions 41000 0 0 0 0 0
        11. Impairment and result of transfers of fixed assets 41100 0 0 0 0 0
        12. Negative difference in combined businesses 41200 0 0 0 0 0
        13. Other results 41300 0 0 0 0 0
  A) OPERATING INCOME (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12 + 13) 49100 10.429 13.452 14.536 26.142 18.677
        14. Financial income 41400 1 4 13 7 3
              a) Allocation of financial subsidies, donations and legacies 41430 0 0 0 0 0
              b) Other financial income 41490 1 4 13 7 3
        15. Financial expenditure 41500 -3.328 -1.809 -1.709 -1.828 -158
        16. Changes in fair value of financial instruments 41600 0 0 0 0 0
        17. Exchange rate differences 41700 0 0 0 0 0
        18. Impairment and result for transfers of financial instruments 41800 0 0 0 0 0
        19. Other financial income and expenditure 42100 0 0 0 0 0
              a) Incorporation of financial expenditure to assets 42110 0 0 0 0 0
              b) Financial income from arrangement with creditors 42120 0 0 0 0 0
              c) Other income and expenditure 42130 0 0 0 0 0
  B) FINANCIAL REVENUE (14 + 15 + 16 + 17 + 18 + 19) 49200 -3.327 -1.806 -1.695 -1.821 -155
  C) NET RESULT BEFORE TAXES (A + B) 49300 7.102 11.646 12.840 24.320 18.522
        20. Income taxes 41900 -1.420 -3.494 -3.852 -7.296 -5.557
  D) RESULT OF THE PERIOD (C + 20) 49500 5.682 8.152 8.988 17.024 12.966



 Balance formato Abreviado de acuerdo al Plan General Contable 1990 ( repealed since 1st January of 2008)

 Information corresponding to the fiscal years designated as ORIGINAL taken from information submitted to the TRADE REGISTER.
 Information corresponding to the fiscal years designated as EQUIVALENCE, has been calculated based on the criteria established by the transitory provisions of the new General Accounting Plan.
 For cases where relevant provisions do not establish equivalence criteria, axesor has drawn them up using its own methodology. To view a detailed description of the methodology employed for each section, click on the information icon. Very important Relevant
  [+] Show the complete Balance Sheet and Profit and Loss Statement calculated under the rules of the 1990 General Accounting Plan.
Very Important   Relevant
EQUIVALENCE ORIGINAL ORIGINAL ORIGINAL ORIGINAL
ASSETS 2009 2005 2004 2003 2002
  A) SHAREHOLDERS (PARTNERS) BY UNCALLED SUSCRIBED CAPITAL 110000 0 0 0 0 0
  B) FIXED ASSETS 120000 98.298 1.109 0 79 158
  C) Deferred expenses 130000 0 0 0 0 0
  D) CURRENT ASSETS 140000 1.082.575 582.938 423.478 546.601 392.253
GENERAL TOTAL (A + B + C + D) 100000 1.180.872 584.047 423.478 546.680 392.411

EQUIVALENCE ORIGINAL ORIGINAL ORIGINAL ORIGINAL
LIABILITIES 2009 2005 2004 2003 2002
  A) EQUITY 210000 105.572 85.277 77.125 68.137 51.112
  B) Deferred income 220000 0 0 0 0 0
  C) PROVISIONS FOR LIABILITIES AND CHARGES 230000 0 0 0 0 0
  D) LONG TERM LIABILITIES 240000 50.406 0 0 0 0
  E) SHORT TERM CREDITORS 250000 1.024.894 498.770 346.353 478.543 341.299
  F) SHORT-TERM PROVISIONS FOR LIABILITIES AND CHARGES 260000 0 0 0 0 0
GENERAL TOTAL (A + B + C + D + E + F) 200000 1.180.872 584.047 423.478 546.680 392.411

Very Relevant   Relevant
EQUIVALENCE ORIGINAL ORIGINAL ORIGINAL ORIGINAL
PROFIT AND LOSS ACCOUNT 2009 2005 2004 2003 2002
        Net total sales 752.380 364.886 402.295 562.183 273.897
        Other operating incomes 220 0 0 783 0
        Consumption and Other Operating Expenses -722.484 -351.387 -387.680 -536.745 -255.140
        Staff expenses -18.450 0 0 0 0
        Amortization and Provisions -1.236 -47 -79 -79 -79
  Operating Result 10.429 13.452 14.536 26.142 18.677
  Financial Results -3.327 -1.806 -1.695 -1.821 -155
  Extraordinary Result 0 0 0 0 0
  Profits before taxes 7.102 11.646 12.840 24.320 18.522
  Financial Year Result 5.682 8.152 8.988 17.024 12.966

CASHFLOW STATEMENT
 Model: Normal
 Source of data:   The data contained in this section is taken from information declared in the Annual Accounts submitted to the Trade Register.

2009 2005 2004 2003 2002
1. Fiscal year result before taxes. 61100 7.102 11.646 12.840 24.320 18.522
2. Results adjustments. 61200 4.563 1.853 1.775 1.900 234
      a) Fixed Assets Amortization (+). 61201 1.236 47 79 79 79
      g) Financial income (-). 61207 -1 -4 -13 -7 -3
      h) Financial Expenses (+). 61208 3.328 1.809 1.709 1.828 158
3. Changes in current capital equity. 61300 -35.905 -23.971 -60.254 15.998 -7.060
      a) Stock (+/-). 61301 -1.056.627 -179.185 -48.195 42.412 -266.736
      d) Debtors and other accounts receivable (+/-). 61302 -2.752 6.291 123.983 -156.363 0
      d) Creditors and other accounts payable (+/-). 61304 1.023.474 148.923 -136.042 129.948 259.676
4. Other cash flows for operating activities. 61400 -3.327 -1.806 -1.695 -1.821 -155
      a) Interest payments (-). 61401 -3.328 -1.809 -1.709 -1.828 -158
      c) Interest collection (+). 61403 1 4 13 7 3
5. Operating activity cash flows (1 + 2 + 3 + 4) 61500 -27.566 -12.278 -47.335 40.397 11.542
6. Payments for investment (-). 62100 -98.298 -1.109 0 0 0
      c) Fixed assets. 62103 -98.298 -1.109 0 0 0
7. Divestment payment collection (+). 62200 0 0 79 79 79
      h) Other assets. 62208 0 0 79 79 79
8. Investment activity cash flows (6 + 7) minus Amortization 62300 -99.534 -1.156 0 0 0
9. Payment collection and payments for equity instruments. 63100 99.890 0 0 0 0
      a) Issuance of equity instruments (+). 63101 99.890 836 8.036 0 0
      b) Amortization of assets instruments (-). 63102 0 -836 -8.036 0 0
10. Payment collection and payments for financial liabilities instruments. 63200 50.406 0 0 0 0
      a) Issuance 63201 50.406 0 0 0 0
      2. Debts incurred with credit institutions (+). 63203 50.406 0 0 0 0
11. Payments from dividends and remunerations from other assets instruments. 63300 0 0 0 0 0
12. Cash flows for financing activities (9+10+11). 63400 150.296 0 0 0 0
D) Effect of changes in exchange rates 64000 0 0 0 0 0
E) NET INCREASE/DECREASE OF CASH OR EQUIVALENT ASSETS (+/-5+/-8+/12+/-D) 65000 23.195 -13.434 -47.335 40.397 11.542
      Cash or equivalent assets as of beginning of the fiscal year. 65100 0 18.692 66.027 25.630 14.088
      Cash or equivalent assets as of end of the fiscal year. 65200 23.195 5.258 18.692 66.027 25.630

Statement of Changes in Net Worth


  Statement of Changes in Net Worth
  Source of data:   Data is taken from the yearly Profit and Loss Statement declared by the company in its Annual Accounts for the fiscal year 2009.



Abridge statement of changes in Equity Total Total Total Total Total
  01 04 08 12 13
A) BALANCE, AS OF END OF FISCAL YEAR 2007 511 30.051 64.695 2.049 96.795 193.590
      I. Adjustments due to criteria changes in fiscal year 2007 and previous ones 512 0 0 -2.049 -2.049 -4.099
      II. Adjustments due to errors in fiscal year 2007 and previous ones 513 0 0 0 0 0
B) ADJUSTED BALANCE, AS OF BEGINNING OF FISCAL YEAR 2008 514 30.051 64.695 0 94.746 189.492
      I. Total income and expense acknowledged 515 0 0 3.094 3.094 6.189
      II. Transactions with partners or owners 516 0 0 0 0 0
            1.- Capital increases 517 0 0 0 0 0
            2.- (-) Capital reductions 518 0 0 0 0 0
            3.- Other transactions with partners or owners 526 0 0 0 0 0
      III. Other net assets variations 524 0 2.049 0 2.049 4.098
C) BALANCE, AS OF END OF FISCAL YEAR 2008 511 30.051 86.745 3.094 9.990 129.879
      I. Adjustments due to criteria changes in fiscal year 2008 512 0 0 -3.094 -3.094.147 -3.097.241
      II. Adjustments due to errors in fiscal year 2008 513 0 0 0 0 0
D) ADJUSTED BALANCE, AS OF BEGINNING OF FISCAL YEAR 2009 514 30.051 86.745 5.682 0 122.477
      I. Total income and expense acknowledged 515 0 0 0 0 0
      II. Transactions with partners or owners 516 0 0 0 0 0
            1.- Capital increases 517 0 0 0 0 0
            2.- (-) Capital reductions 518 0 0 0 0 0
            3.- Other transactions with partners or owners 526 0 0 0 0 0
      III. Other net assets variations 524 0 3.094 0 0 3.094
E) BALANCE, AS OF END OF FISCAL YEAR 2009 525 30.051 69.839 5.682 0 105.572

(1) Fiscal Year N - 2.
(2) Fiscal year preceding the year of the accounts (N - 1).
(3) Fiscal year associated with accounts (N).



ECONOMIC-FINANCIAL DIAGNOSTIC

  The data used in the following ratios and indicators is taken from the Annual Accounts submitted to the Trade Register by the company

 Comparison performed with:

Financial Year Sector Number of Companies
2009 ; (2) 100427
2005 ; (2) 406772
 


 Comparison within the Sector
  Description of heading and interpretation of indicator or ratio.
Cash Flow 2009 2005 VARIATION 2009 - 2005
Company Sector Company Sector Company Sector
  Cash Flow over Sales 3,08% 2,57% -3,68% 0,67% 183,74% 284,23%
  EBITDA over Sales 1,55% 6,06% 3,7% 8,37% -58,09% -27,67%
  Cash Flow Yield 1,96% 0,89% -2,3% 0,34% 185,4% 164,58%

Profitability 2009 2005 VARIATION 2009 - 2005
Company Sector Company Sector Company Sector
  Operating economic profitability 0,88% 2,02% 2,3% 3,14% -61,66% -35,69%
  Total economic profitability 0,88% 3% 2,3% 0,06% -61,66% 5.071,86%
  Financial profitability 5,38% 3,06% 9,56% 9,96% -43,7% -69,3%
  Margin 1,39% 3,3% 3,69% 4,88% -62,41% -32,32%
  Mark-up 0,94% 3,88% 3,19% 6,12% -70,43% -36,54%

Solvency 2009 2005 VARIATION 2009 - 2005
Company Sector Company Sector Company Sector
  Liquidity 0,02 0,14 0,01 0,17 114,68 -17
  Acid Test 0,03 0,84 0,06 0,96 -59,72 -12,23
  Working Capital / Investment 0,05 0,12 0,14 0,17 -66,11 -28,55
  Solvency 1,06 1,5 1,17 1,53 -9,62 -2,2

Indebtedness 2009 2005 VARIATION 2009 - 2005
Company Sector Company Sector Company Sector
  Indebtedness level 10,19 1,22 5,85 1,39 74,15 -12,51
  Borrowing Composition 0,05 1,14 0 0,83 NaN 38,44
  Repayment Ability 92,18 25,64 22,5 11,25 309,65 127,99
  Warranty 1,1 1,89 1,17 1,69 -6,22 11,7
  Generated resources / Total creditors 0,01 0,05 0,02 0,03 -60,86 88,78

Efficiency 2009 2005 VARIATION 2009 - 2005
Company Sector Company Sector Company Sector
  Productivity 1,63 1,49 NaN 1,43 NaN 3,83
  Turnover of Collection Rights 273,46 4,72 13,99 3,07 1.855,23 53,85
  Turnover of Payment Entitlements 0,7 3,33 0,7 1,19 0,06 180,64
  Stock rotation 0,7 2,3 0,64 2,75 10,24 -16,6
  Assets turnover 0,64 0,61 0,62 0,81 2,01 -24,7
  Borrowing Cost 0,31 2,92 0,36 2,88 -14,69 1,22

 
  Trend of Indicators

  Description of heading and interpretation of indicator or ratio.
Cash Flow 2009 2005 2004 2003 2002
  Cash Flow over Sales 3,08% -3,68% -11,77% 7,19% 4,21%
  EBITDA over Sales 1,55% 3,7% 3,63% 4,66% 6,85%
  Cash Flow Yield 1,96% -2,3% -11,18% 7,39% 2,94%

Profitability 2009 2005 2004 2003 2002
  Operating economic profitability 0,88% 2,3% 3,43% 4,78% 4,76%
  Total economic profitability 0,88% 2,3% 3,44% 4,78% 4,76%
  Financial profitability 5,38% 9,56% 11,65% 24,99% 25,37%
  Margin 1,39% 3,69% 3,61% 4,64% 6,82%
  Mark-up 0,94% 3,19% 3,19% 4,32% 6,76%

Solvency 2009 2005 2004 2003 2002
  Liquidity 0,02 0,01 0,05 0,14 0,08
  Acid Test 0,03 0,06 0,15 0,46 0,08
  Working Capital / Investment 0,05 0,14 0,18 0,12 0,13
  Solvency 1,06 1,17 1,22 1,14 1,15

Indebtedness 2009 2005 2004 2003 2002
  Indebtedness level 10,19 5,85 4,49 7,02 6,68
  Borrowing Composition 0,05 0 0 0 0
  Repayment Ability 92,18 22,5 5,91 -26,86 49,43
  Warranty 1,1 1,17 1,22 1,14 1,15
  Generated resources / Total creditors 0,01 0,02 0,03 0,04 0,04

Efficiency 2009 2005 2004 2003 2002
  Productivity 1,63 NaN NaN NaN NaN
  Turnover of Collection Rights 273,46 13,99 12,42 3,6 NaN
  Turnover of Payment Entitlements 0,7 0,7 1,12 1,12 0,75
  Stock rotation 0,7 0,64 1,04 1,66 0,7
  Assets turnover 0,64 0,62 0,95 1,03 0,7
  Borrowing Cost 0,31 0,36 0,49 0,38 0,05

COMPARATIVE SECTORIAL BALANCE

 Estados contables conforme al Nuevo Plan General Contable de 2007
VARIATION -
Company Sector

VARIATION -
Company Sector

VARIATION -
Company Sector



Clients and Suppliers
 Average Payment and Collection Periods

 

Subsidies and Aid Granted
It has been detected 3 notices published in Official Bulletins on Subsidy Reports referencing the subject of the query, from 2011.

 
 Detalle de Subvenciones aparecidas en Boletines y Diarios Públicos Oficiales

 Organismo: INSTITUTO G... DE P... E...
Fecha Publicación: 20/05/2011
Concepto: RESOLUCIÓN DE 6 DE ABRIL DE 2011 POR LA QUE SE DA PUBLICIDAD A LOS BENEFCIARIOS DE LAS AYUDAS CONCEDIDAS POR EL INSTITUTO G... DE P... E... (...) DURANTE EL CUARTO TRIMESTRE DE 2010
Estado: SUBSIDY AWARDED
Proyecto: TIENEN COMO FNALIDAD FACILITAR LA INTERNACIONALIZACIÓN DE LA EMPRESA GALLEGA NO EXPORTADORA O CON ESCASA INTERNACIONALIZACIÓN Y APOYAR A EMPRESAS INTERNACIONALIZADAS PARA QUE NO SOLO NO PIERDAN SU PRESENCIA EN LOS MERCADOS EXTERIORES SINO QUE LA INCREMENTEN, PONIENDO A SU ALCANCE LÍNEAS DE AYUDA FNA
Expediente: 00000.0000.0.000
Importe Concedido: 30.000,00 €
Observaciones: 60.000,00

 Organismo: INSTITUTO G... DE P... E...
Fecha Publicación: 20/05/2011
Concepto: RESOLUCIÓN DE 6 DE ABRIL DE 2011 POR LA QUE SE DA PUBLICIDAD A LOS BENEFCIARIOS DE LAS AYUDAS CONCEDIDAS POR EL INSTITUTO G... DE P... E... (...) DURANTE EL CUARTO TRIMESTRE DE 2010
Estado: SUBSIDY AWARDED
Proyecto: TIENEN COMO FNALIDAD FACILITAR LA INTERNACIONALIZACIÓN DE LA EMPRESA GALLEGA NO EXPORTADORA O CON ESCASA INTERNACIONALIZACIÓN Y APOYAR A EMPRESAS INTERNACIONALIZADAS PARA QUE NO SOLO NO PIERDAN SU PRESENCIA EN LOS MERCADOS EXTERIORES SINO QUE LA INCREMENTEN, PONIENDO A SU ALCANCE LÍNEAS DE AYUDA FNA
Expediente: 0000.0000.0.000
Importe Concedido: 12.146,90 €
Observaciones: 23.293,80

 Organismo: INSTITUTO G... DE P... E...
Fecha Publicación: 01/12/2010
Concepto: RESOLUCIÓN DE 6 DE ABRIL DE 2010 (DOG Nº 67, DEL 12 DE ABRIL), POR LA QUE SE DA PUBLICIDAD AL ACUERDO DEL CONSEJO DE DIRECCIÓN DEL INSTITUTO G... DE P... E..., QUE APRUEBA LAS BASES REGULADORAS DE LAS AYUDAS DEL INSTITUTO GALLEGO DE PROMOCIÓN ECONÓMICA A LA INTERNACIONALIZACIÓN DE LAS EMPRESAS GALLEGAS.
Estado: SUBSIDY AWARDED
Proyecto: FACILITAR LA INTERNACIONALIZACIÓN DE LA EMPRESA GALLEGA NO EXPORTADORA O CON ESCASA INTERNACIONALIZACIÓN Y APOYAR EMPRESAS INTERNACIONALIZADAS PARA QUE NO SÓLO NO PIERDAN SU PRESENCIA EN LOS MERCADOS EXTERIORES SINO QUE LA INCREMENTEN
Expediente: 00000.0000.0.0000
Importe Concedido: 8.785,00 €
Observaciones: 16.070,00


Its status as the recipient of Subsidies or Public Aid means that the subject of the query had to demonstrate that it was not the subject of any legal or insolvency proceedings, was up to date with its obligations to Social Security and the Tax Office and.
PRESS RELEASES IN NEWSPAPERS, MAGAZINES AND JOURNALS
No News published in daily newspapers or magazines regarding this company

News found: 0

INFORMATION GATHERED FROM THE MEDIA
IDENTIFICATION

LOCALIZATION:   C/EJEMPLO, S/N. 00000 COSPEITO  (LUGO)  


UTM coordinates (WGS-84)   - Region 29
X COORDINATES: 627432.0000000007 Y COORDINATES: 4790076.1150732124
Geographic coordinates
LATITUDE: 43.2527215 LONGITUDE: -7.4301287

INVESTIGATION SUMMARY
The subject was registered in 2000 in Lugo and it is engaged in the distribution of agricultural, livestock and forestry machinery, both new and used.

The subject depends on external funding, as its own resources are insufficient to meet with its borrowings, however, its own funds cover its investment in fixed assets.
CONSULTED SOURCES
Registry of Commerce's Official Gazette.
Own and external data bases
Company
References
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Listed in Registry of Commerce of Granada No. 4, T. 719, L.O,S.8,F.30,H. GR9880,I/A 1 (24.04.96)
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