creditreform reportcrefo no.: 14870 company identiﬁcation · creditreform reportcrefo no.: 14870...

Creditreform Romania

Date / Time 02/02/2017 / 13:16Customer No. RO - 1247Your No. /

Order No. 1470038Last research date 02/02/2017 from 19

Creditreform report Crefo No.: 14870

Company identification

ROMANIA HYPERMARCHE SA Telephone +40 21 3000770+40 374 369400

Soseaua Dudesti- Pantelimon 73-75 Fax +40 374 369509/ +40 21 3055830030039 Bucuresti Sector 3 WEB www.cora.roRomania

Crefo No. 14870 Registration No. J40/38/2002Tax No. RO 14374293 Status Active

Solvency index

S250

Solvency index between 221 and 320 means ”average rating”.

This class represents moderate risk in a business partnership. Business connections appear permissible, unsecuredcredits are still possible moderate credit risk.

Solvency index is a very strong and capable early-alarm indicator enabling a fast assessment of solvency of busi-ness partners. The higher the solvency index, the higher the risk of default of a client. The solvency index ranges from100, a very good rating, to 600 where highly negative characteristics are present.

Solvency index history

600

500

400

300

200

100

2004 2005 2007 2008 2009 2011 2012 2013 2014 2016 2017

600

500

400

300

200

100

380 365

240220

200 210 220 210240 230

250

This report is only intended for the recipient. Liability for any kind of negligence is disclaimed for the contents of the report and the decisions resulting from this. This report is based oninformation at our disposal at the time of the preparing of the report; no claim on completeness is raised in this regard. This also applies to vicarious agents.





Economic situation

Maximum credit limit 700.000 (EUR)Business connection Business connections are permissible (21)Payment behaviour As far as known, prompt (29)

Basic information

Legal formJoint Stock Co.

Registration and changes

established on 08.01.2002 as Romania Hypermarche Sa Joint Stock Co.

Owners and Capital

Name / Address / Nationality From ShareDELPARRO B.V.ROTTERDAM, 88 SPOORHAVEN, HollandDutch

20/12/2001 99,999970 %

PCH IVEST SRLBUCURESTI SECTORUL 3, RomaniaRomanian

29/07/2003 0,00000012 %

Registered capital

Currency ValueRON 82.455.677

Management

Name / Address / Status Since PositionFranCOis Marie Ghislain Bouriez (birth date 11/08/1960)75007 PARIS 07Franta

Administrator






Philippe Francois Lejeune (birth date 10/08/1955)BUCURESTI SECTORUL 1Romania

15/05/2003 Administrator

Pierre LoIC Marie Ghislain Bouriez (birth date 06/03/1965)AVENUE DU CHILI NR. 10Franta

Administrator

Bunea Emilia Mihaela (birth date 09/11/1969)Romania

Administrator

Neagu Carmen Georgeta (birth date 12/09/1958)Romania

Administrator

PRICEWATERHOUSECOOPERS AUDIT SRLBUCURESTI SECTORUL 2Romania

15/05/2003 Auditor

Aigle Pascal Charles (birth date 17/03/1967)ORAS VOLUNTARIRomania

Director

Badea Claudia Florentina (birth date 29/03/1984)BUCURESTI SECTORUL 6Romania

Director

Bercu Marinela Ionela (birth date 18/11/1983)BUCURESTI SECTORUL 3Romania

Director

Borza Mihaela Codruta (birth date 26/01/1975)MUNICIPIUL CAMPIA TURZIIRomania

Director

Buaru Manuela Iuliana (birth date 21/07/1980)MUNICIPIUL CONSTANTARomania

Director

Ismana - Ilisan Catalin - Constantin (birth date 15/09/1978)COMUNA SIRINEASARomania

Director

Maidan Irina Veronica (birth date 29/09/1975)MUNICIPIUL SUCEAVARomania

Director

Nastase Cristian (birth date 16/10/1974)BUCURESTI SECTORUL 2Romania

Director

Ofrim Georgeta Gina (birth date 03/07/1969)BUCURESTI SECTORUL 2Romania

Director






Philippe Francois Lejeune (birth date 10/08/1955)BUCURESTI SECTORUL 1Romania

21/03/2011 Director

Popescu Anca Maria (birth date 01/03/1980)BUCURESTI SECTORUL 1Romania

Director

Veisa Loredana Elena (birth date 13/09/1976)MUNICIPIUL SACELERomania

Director

Company addresses information

Working pointsDrobeta Turnu Severin, Str.Constructorilor, Nr. 1Constanta, Str.B-dul Alexandru LapusneanuCluj Napoca, Str.Bd. 1 Dec. 1989, Nr.142, Jud.ClujBucuresti, Str.Sos. Vergului, Nr.21Bucuresti, Str.Calea Vacaresti Nr. 391Bucuresti, Str.Bd. Iuliu Maniu, Nr.19Baia Mare, Str.Victoriei, Nr. 73Arad, Str.Calea Aurel Vlaicu, Nr. 225 - 235

Subsidiaries

Connections

Through Name / Address Position ShareNastase Cristian

RO 36317981 YASSO ADMIN SRL shareholder 50,00000000%

Business activities

Main activity NaceRetail sale in non-specialised stores with food, beverages or tobacco predominating 4711Additional activities NaceWholesale of fruit and vegetables 4631






Wholesale of meat and meat products 4632Wholesale of dairy products, eggs and edible oils and fats 4633Wholesale of other food, including fish, crustaceans and molluscs 4638Wholesale of beverages 4634Wholesale of tobacco products 4635Wholesale of sugar and chocolate and sugar confectionery 4636Wholesale of coffee, tea, cocoa and spices 4637Wholesale of textiles 4641Wholesale of electrical household appliances 4643Wholesale of perfume and cosmetics 4645Wholesale of furniture, carpets and lighting equipment 4647

Legal office at the above mentioned address

Economic data

Turnover and Employees

Date Turnover Employees31.12.2015 1.723.406.919 RON 4.77931.12.2014 1.711.730.646 RON 4.81831.12.2013 1.637.795.778 RON 4.09731.12.2012 1.461.578.882 RON 3.97231.12.2011 1.378.385.595 RON 3.66531.12.2010 1.376.588.192 RON 3.14631.12.2009 1.394.607.481 RON 2.66031.12.2008 1.469.233.551 RON 2.88331.12.2007 1.355.120.385 RON 2.79331.12.2006 1.057.555.113 RON 2.39831.12.2005 639.881.950 RON 1.76531.12.2004 409.015.438,5 RON 50031.12.2003 120.533.507,2 RON 45031.12.2002 94.440,8 RON 53

PropertiesAccording to the Balance Sheet of 31.12.2015 date the company holds real estates with a book value of 46.817.193,00RON, but we do not have any other details on the type and location of these assets.

Supplementary data






Banks

Financial Institution BranchING Bank BucurestiRaiffeisenbank Romania Bucuresti

The subject is registered in the Electronic Archive for Secured Transactions, as having credits at:- ING Bank, Bucuresti- Raiffeisenbank Romania, BucurestiThese credits are guaranteed with cash-flow.

Main indices

Payment experience and credit opinion

Maximum credit limit 700.000 (EUR)Business connection Business connections are permissible (21)Payment behaviour As far as known, prompt (29)

Negative eventsAccording to the information registered at the Ministry of Finance, the company has no overdue debts to the State budgetas of 30.09.2016.

There are no records related to the subject at the Payment Incidents Bureau (CIP) in the period 01.02.2010 -01.02.2017.

There are no records related to the subject company at the Insolvency Proceedings Bulletin. There are no recordsrelated to the subject company in our debt collection department.The subject company is not registered with legal proceedings opened against it, according to Court Portal.

Balances

Assets

Name Ref.31/12/2013

RONLONG

31/12/2014RONLONG

31/12/2015RONLONG

Incorporation expenses r1 0 N/A N/A

Development expenses r2 0 N/A N/A

Concession rights, patents, licences, trademarks,similar rights and assets and other intangible fixedassets

r3 2.798.836 2.368.553 2.213.592

Goodwill r4 0 N/A N/A

Down payments and intangible fixed assets inprogress

r5 0 N/A N/A






Name Ref.31/12/2013

RONLONG

31/12/2014RONLONG

31/12/2015RONLONG

TOTAL INTANGIBLE FIXED ASSETS r6 2.798.836 2.368.553 2.213.592

Land and buildings r7 40.041.075 35.373.875 27.326.913

Technical installations and machines r8 81.073.870 67.391.365 51.929.703

Other installations, machinery and furniture r9 41.227.845 34.198.302 26.780.523

Down payments and tangible fixed assets inprogress

r10 955.390 873.592 3.292.991

TOTAL TANGIBLE FIXED ASSETS r11 163.298.180 137.837.134 109.334.360

Shares in subsidiaries r12 0 N/A N/A

Loans given to subsidiaries r13 0 N/A N/A

Participating interests r14 0 N/A N/A

Loans given to associates r15 0 N/A N/A

Other long term investments r16 9.566 9.566 N/A

Other loans r17 0 N/A N/A

TOTAL CAPITAL ASSETS r18 9.566 9.566 9.566

NON CURRENT ASSETS - TOTAL r19 166.106.582 140.215.253 111.557.518

Raw materials and consumables r20 802.982 828.341 2.494.421

Work in progress r21 0 N/A N/A

Finished goods r22 134.934.009 129.554.087 113.702.032

Down payments on inventory purchases r23 7.119.606 6.758.701 7.193.023

TOTAL INVENTORIES r24 142.856.597 137.141.129 123.389.476

Trade receivables r25 47.015.377 43.089.154 57.912.873

Receivables from subsidiaries r26 0 N/A N/A

Receivables from entities in respect ofparticipating interests

r27 0 N/A N/A

Other receivables r28 18.461.119 14.228.456 19.647.104

Unpaid subscribed capital r29 0 N/A N/A

TOTAL RECEIVABLES r30 65.476.496 250.901.828 259.383.977

Shares in subsidiaries r31 0 N/A N/A

Other short-term investments r32 183.864.906 193.584.218 181.824.000

TOTAL SHORT-TERM INVESTMENTS r33 183.864.906 193.584.218 181.824.000

PETTY CASH AND BANK ACCOUNTS r34 12.030.003 11.342.108 15.506.747

CURRENT ASSETS - TOTAL r35 404.228.002 399.385.065 398.280.200

PREPAID EXPENSES r36 4.219.731 4.559.639 4.024.821

TOTAL ASSETS r37 574.554.315 544.159.957 513.862.539

Liabilities

Name Ref.31/12/2013

RONLONG

31/12/2014RONLONG

31/12/2015RONLONG

Debenture loans r38 0 N/A N/A

Amounts payable to credit entities r39 8.071.762 11.453.098 11.407.114

Down payments received on orders in progress r40 319.259 231.382 176.870






Name Ref.31/12/2013

RONLONG

31/12/2014RONLONG

31/12/2015RONLONG

Commercial debts - suppliers r41 356.162.089 345.278.127 367.524.418

Commercial bills due r42 0 N/A N/A

Amounts payable to subsidiaries r43 0 N/A N/A

Amounts payable to associates in respect ofparticipating interests

r44 0 N/A N/A

Other debts, including fiscal debts and amountspayable to social security

r45 31.829.154 40.155.865 30.701.566

TOTAL SHORT-TERM DEBTS r46 396.382.264 397.118.472 409.809.968

NET CURRENT ASSETS/NET CURRENTDEBTS

r47 12.029.899 2.266.943 -12.307.223

TOTAL ASSETS MINUS CURRENT DEBTS r48 178.136.481 142.482.196 99.250.295

Debenture loans r49 0 N/A N/A

Amounts payable to credit entities r50 49.590.520 38.294.638 26.998.756

Down payments received on orders in progress r51 0 N/A N/A

Commercial debts - suppliers r52 0 N/A N/A

Commercial bills due r53 0 N/A N/A

Amounts payable to subsidiaries r54 0 N/A N/A

Amounts payable to associates in respect ofparticipating interests

r55 0 N/A N/A

Other debts, including fiscal debts and amountspayable to social security

r56 665.394 494.089 333.154

TOTAL LONG-TERM DEBTS r57 50.255.914 38.788.727 27.331.910

Provisions for pensions and other similarobligations

r58 0 N/A N/A

Provisions for taxes r59 0 N/A N/A

Other provisions r60 0 825.315 8.870.201

TOTAL DEBTS r61 446.638.178 435.907.199 437.141.878

TOTAL PROVISIONS r62 0 825.315 8.870.201

Grants for investments r63 0 N/A N/A

deferred income r64 35.570 4.559.289 4.802.276

TOTAL DEFERRED INCOME r65 35.570 4.559.289 4.802.276

Subscribed and paid capital r66 82.455.677 82.455.677 82.455.677

Subscribed and unpaid capital r67 0 N/A N/A

Assets and liabilities (public sector companies) r68 0 N/A N/A

TOTAL SHARE CAPITAL r69 82.455.677 82.455.677 82.455.677

CAPITAL PREMIUM r70 0 N/A N/A

REVALUATION RESERVES r71 0 N/A N/A

Legal reserves r72 16.491.135 16.491.135 16.491.135

Statutory or contractual reserves r73 0 N/A N/A

Reserves representing the revaluation reservesurplus

r74 0 N/A N/A

Other reserves r75 0 N/A N/A

TOTAL RESERVES r76 16.491.135 16.491.135 16.491.135

Own shares r77 0 N/A N/A






Name Ref.31/12/2013

RONLONG

31/12/2014RONLONG

31/12/2015RONLONG

Earnings associated to own capital instruments r78 0 N/A N/A

Losses associated to own capital instruments r79 0 N/A N/A

Reported profit or loss (e) Balance account C r80 43.440.942 28.933.754 3.921.342

Reported profit or loss (e) Balance account D r81 0 N/A 0

Profit or loss as per the financial year Balanceaccount C

r82 0 0 0

Profit or loss as per the financial year Balanceaccount D

r83 14.507.187 25.012.412 39.819.970

Profit distribution r84 0 N/A N/A

SHAREHOLDERS’ EQUITY - TOTAL r85 127.880.567 102.868.154 63.048.184

Public patrimony r86 0 N/A N/A

EQUITY - TOTAL r87 127.880.567 102.868.154 63.048.184

TOTAL LIABILITIES r88 574.554.315 544.159.957 513.862.539

Profit and Loss Account

Name Ref.31/12/2013

RONLONG

31/12/2014RONLONG

31/12/2015RONLONG

Net turnover r89 1.637.795.778 1.711.730.646 1.723.406.919

Own work sold r90 141.415.600 153.019.585 171.657.648

Income from the sale of goods r91 1.531.758.010 1.591.419.400 1.591.958.281

Income from interests made by leasing r92 0 N/A N/A

Income from grants related to incomecorresponding to net turnover

r93 0 N/A N/A

——-Balance account C r94 0 N/A N/A

Balance account D r95 0 N/A N/A

Production made by the entity for its ownpurposes and capitalized

r96 0 N/A N/A

Other operating income r97 701.989 1.854.253 2.324.832

OPERATING INCOME - TOTAL r98 1.638.497.767 1.713.584.899 1.730.213.499

Expenses on raw materials and consumables r99 2.683.937 2.334.310 2.336.291

Other expenses supplies and materials r100 9.085.567 7.743.351 7.914.406

Other outsourced expenses (electricity andwater)

r101 23.302.265 21.284.336 20.335.052

Expenses on goods r102 1.401.844.182 1.474.799.149 1.480.409.669

Expenses on personnel, of which: r103 131.730.220 141.529.643 138.269.388

Salaries and benefits r104 104.837.095 113.566.686 113.993.557

Insurance and social security costs r105 26.893.125 27.962.957 24.275.831

Adjustments of the value of tangible andintangible fixed assets

r106 31.026.034 31.485.650 28.799.456






Name Ref.31/12/2013

RONLONG

31/12/2014RONLONG

31/12/2015RONLONG

Expenses r107 31.026.034 31.485.650 28.799.456

Income r108 0 N/A N/A

Adjustments of the value of current assets r109 1.305.716 465.173 597.828

Expenses r110 7.174.570 7.397.344 7.966.471

Income r111 5.868.854 6.932.171 7.368.643

Other operating costs r112 219.267.634 226.830.908 240.384.269

Expenses on third party services r113 212.545.234 217.239.877 223.216.618

Expenses on other taxes, duties and similarcharges

r114 6.227.317 9.117.627 10.276.694

Expenses on compensations, donations andassigned assets

r115 495.083 473.404 6.890.957

Expenses with refinancing interest rates ofleasing entities

r116 0 N/A N/A

Adjustments of provisions r117 0 825.315 8.044.886

Expenses r118 0 825.315 8.870.201

income r119 0 N/A 825.315

OPERATING EXPENSES - TOTAL r120 1.650.345.090 1.736.882.041 1.768.276.640

- Profit r121 0 0 0

- Loss r122 11.847.323 23.297.142 38.063.141

Income from participating interests, of which: r123 0 N/A N/A

income obtained from subsidiaries r124 0 N/A N/A

Income from other financial investments andloans which are part of intangible fixed assets(acc. 763), of which:

r125 0 N/A N/A


Income from interest rates, of which: r127 2.248.268 1.082.748 481.298


Other financial income r129 1.485.304 442.071 469.254

FINANCIAL INCOME - TOTAL r130 3.733.572 1.524.819 950.552






Name Ref.31/12/2013

RONLONG

31/12/2014RONLONG

31/12/2015RONLONG

Value adjustments in respect of capital assetsand investments as current assets

r131 0 N/A N/A

Expenses r132 0 N/A N/A

income r133 0 N/A N/A

Interest expenses r134 2.068.296 2.225.659 1.288.440

of which, expenses in respect of subsidiaries r135 0 N/A N/A

Other financial expenses r136 2.082.563 489.612 540.235

FINANCIAL EXPENSES - TOTAL r137 4.150.859 2.715.271 1.828.675

- Financial profit r138 0 0 0

- Financial loss r139 417.287 1.190.452 878.123

- Current profit r140 0 0 N/A

- Current loss r141 12.264.610 24.487.594 N/A

Extraordinary income r142 0 N/A N/A

Extraordinary expenses r143 0 0 N/A

- Extraordinary profit r144 0 0 N/A

- Extraordinary loss r145 0 0 N/A

TOTAL INCOME r146 1.642.231.339 1.715.109.718 1.731.164.051

TOTAL EXPENSES r147 1.654.495.949 1.739.597.312 1.770.105.315

- Gross profit r148 -12.264.610 -24.487.594 -38.941.264

- Gross loss r149 12.264.610 24.487.594 38.941.264

Income tax r150 2.242.577 524.818 878.706

Other taxes which are not recorded above r151 0 N/A N/A

- Net profit r152 0 0 0

- Net loss r153 14.507.187 25.012.412 39.819.970

Net result r154 -14.507.187 -25.012.412 -39.819.970






Additional information

Name Ref.31/12/2013

RONLONG

31/12/2014RONLONG

31/12/2015RONLONG

Outstanding payments-total, of which: - TOTAL r155 0 N/A N/A

Accounts payable outstanding- total, of which: -TOTAL

r156 0 N/A N/A

over 30 days - TOTAL r157 0 N/A N/A

over 90 days - TOTAL r158 0 N/A N/A

over 1 year - TOTAL r159 0 N/A N/A

Outstanding payments to social security- total, ofwhich: - TOTAL

r160 0 N/A N/A

contributions to social security payable byemployers, employees and other assimilatedentities - TOTAL

r161 0 N/A N/A

contributions to the social health insurance fund -TOTAL

r162 0 N/A N/A

contribution to the additional state pensionsystem - TOTAL

r163 0 N/A N/A

contributions to the unemployment fund - TOTAL r164 0 N/A N/A

other social liabilities - TOTAL r165 0 N/A N/A

Payments due to special funds and other funds -TOTAL

r166 0 N/A N/A

Payments due to other creditors - TOTAL r167 0 N/A N/A

Taxes and fees unpaid to the public budget on thedate due - TOTAL

r168 0 N/A N/A

Taxes and fees unpaid to the local budget on thedate due - TOTAL

r169 0 N/A N/A

Bank credits which were not reimbursed on thedate due - total, of which: - TOTAL

r170 0 0 N/A

back payments after 30 days - TOTAL r171 0 N/A N/A

back payments after 90 days - TOTAL r172 0 N/A N/A

back payments after 1 year - TOTAL r173 0 N/A N/A

Past due interest - TOTAL r174 0 N/A N/A

Average number of employees r175 4.097 4.818 4.779

Specific tangible fixed assets






Name Ref.31/12/2013

RONLONG

31/12/2014RONLONG

31/12/2015RONLONG

Lands r176 0 0 N/A

Buildings r177 52.055.583 52.347.422 46.817.193

Technical installations and machines r178 138.135.820 140.811.512 138.735.825

Amortization r179 N/A N/A N/A

Financial Ratios

Name Ref. 31/12/2013 31/12/2014 31/12/2015Debt Ratio R1 0,78 0,80 0,85

Quick ratio R2 0,66 0,66 0,67

Current ratio R3 1,02 1,01 0,97

Solvency ratio R4 0,39 0,38 0,43

Return on sales ( ROS ) R5 0,00 0,00 0,00

Return on assets ( ROA ) R6 0,00 0,00 0,00

Return on equity ( ROE ) R7 0,00 0,00 0,00

Operating margin, in (%) R8 0,00 0,00 0,00

Days supply in inventory R9 31,84 29,24 26,13

Days sales in receivables R10 14,59 53,50 54,94

Days purchase in payables R11 88,34 84,68 86,79

SALES TO TOTAL ASSETS R12 2,85 3,15 3,35

OPERATING RESULT /TOTAL ASSETS R13 0,00 0,00 0,00

CASH RATIO R14 0,03 0,03 0,04

Equity as % of total assets R15 22,26 18,90 12,27

Fixed assets as % of total assets R16 28,91 25,77 21,71

Receivables as % of current assets R17 16,20 62,82 65,13

Net working capital R18 7845738,00 2266593,00 -11529768,00

Exchange rate

31/12/2013USD 1,– = RON 3,33

EUR 1,– = RON 4,42

31/12/2014USD 1,– = RON 3,35

EUR 1,– = RON 4,44

31/12/2015USD 1,– = RON 4,01






EUR 1,– = RON 4,44

The credit rating index may vary farom 100 to 600 points as follows:0 new company or no officialor other information available100-150 very good151-220 good221-320 average321-399 strained400-500 weak501-600 insufficient






Financial analysis

Debt ratio

-0.5

0.0

0.5

1.0

1.5

2013 2014 2015

-0.5

0.0

0.5

1.0

1.5

0.8 0.8 0.8

r61r37

The debt ratio calculates the proportion the total assetsis financed from sources other than ones own, such asloans , suppliers or debts to the state

Quick ratio

0.0

0.5

1.0

1.5

2013 2014 20150.

00.

51.

01.

5

0.7 0.7 0.7

(r35 − r24)r46

Quick ratio measures the ability of a company to use itsnear cash or quick assets to extinguish or retire its currentliabilities immediately.

Current ratio ( CR )

0.5

1.0

1.5

2.0

2013 2014 2015

0.5

1.0

1.5

2.0

1 1 1

r35r46

Reflecta capacitatea unei companii de a face fata tuturorscadentelor sale, atat pe termen scurt cat si pe termenmediu si lung.

Solvency ratio

-0.5

0.0

0.5

1.0

1.5

2.0

2.5

2013 2014 2015

-0.5

0.0

0.5

1.0

1.5

2.0

2.5

0.4 0.4 0.4

r57r85

The solvency ratio measures the size of a company’safter-tax income, excluding non-cash depreciation ex-penses, as compared to the firm’s total debt obligations.It is the company’s ability to meet long-term obligations.






Return on sales (ROS)

0.0

0.5

1.0

2013 2014 2015

0.0

0.5

1.0

0 0 0

r152r89

Return on sales (ROS) is net profit as a percentage ofsales revenue. ROS is an indicator of profitability and isoften used to compare the profitability of companies andindustries of differing sizes.

Return on assets (ROA)

-0.5

0.0

0.5

1.0

2013 2014 2015

-0.5

0.0

0.5

1.0

0 0 0

r152r37

ROA measures efficiency of the business in using its as-sets to generate net income

Return on equity (ROE)

-0.5

0.0

0.5

1.0

2013 2014 2015

-0.5

0.0

0.5

1.0

0 0 0

r152r85

ROE is the ratio of net income of a business during a yearto its shareholders’ equity during that year. It is a measureof profitability of shareholders’ investments.

Operating margin, in %

-0.5

0.0

0.5

1.0

2013 2014 2015

-0.5

0.0

0.5

1.0

0 0 0

r121r89

A financial measure of a company’s performance thatgives investors an idea of how long it takes a companyto turn its inventory (including goods that are work inprogress, if applicable) into sales.






Days supply in inventory

1020

3040

5060

7080

2013 2014 2015

1020

3040

5060

7080

31.829.2

26.1

(r24r89)

∗ 365

Approximate number of times the stock was run during thefinancial year.

Days sales in receivables

2040

6080

2013 2014 2015

2040

6080

14.6

53.5 54.9

(r30r89)

∗ 365

A financial indicator to measure how many days on aver-age it takes to turn your accounts receivable balance intocash. Therefore it measures the efficiency of your collec-tions policy and department.

Days purchase in payables

2040

6080

100

2013 2014 2015

2040

6080

100

88.384.7 86.8

(r46r89)

∗ 365

A financial indicator which shows how long a company istaking to pay its trade creditors. It is typically looked ateither quarterly or yearly (90 or 365 days).

Sales to Total Assets

01

23

2013 2014 2015

01

23 2.8

3.13.4

r89r37

Sales to total assets (S/TA) ratio shows how much salesare generated per one RON of assets, or how effectivelythe company uses its’ assets.






Operating result / Total assets

-0.5

0.0

0.5

1.0

2013 2014 2015

-0.5

0.0

0.5

1.0

0 0 0

r121r37

Measures efficiency of the business in using its assets togenerate net income.

Cash ratio

-0.5

0.0

0.5

1.0

2013 2014 2015

-0.5

0.0

0.5

1.0

0 0 0

r34r46

The ratio of a company’s total cash and cash equivalentsto its current liabilities. The cash ratio is most commonlyused as a measure of company liquidity. It can thereforedetermine if, and how quickly, the company can repay itsshort-term debt.

Equity as % of total assets

2040

6080

2013 2014 2015

2040

6080

22.318.9

12.3

(r85r37)

∗ 100

The equity ratio is a financial ratio indicating the relativeproportion of equity used to finance a company’s assets.

Fixed assets as % of total assets

2030

4050

6070

80

2013 2014 2015

2030

4050

6070

80

28.925.8

21.7

(r19r37)

∗ 100

The percentage of fixed assets of total assets. Fixed as-sets are also known as ”tangible assets” or property, plant,and equipment, is a term used in accounting for assetsand property that cannot easily be converted into cash.






Receivables as % of current assets

2030

4050

6070

2013 2014 2015

2030

4050

6070

16.2

62.865.1

(r30r35)

∗ 100

The percentage of receivables of current assets. Receiv-ables may refer to the amount due from individuals andcompanies. Receivables are claims that are expected tobe collected in cash.

Net working capital

-1e+

07-5

e+06

0e+0

05e

+06

2013 2014 2015

-1e+

07-5

e+06

0e+0

05e

+06

7845738

2266593

-11529768

r35 − r46

The formula for net working capital is used to determinethe availability of a company’s liquid assets by subtractingits current liabilities.


creditreform reportcrefo no.: 14870 company identiﬁcation · creditreform reportcrefo no.: 14870...

Documents