• Delivery Date: Jan 15, 2019
    Update Date: Mar 07, 2018
  • Subscriber No: 809111111

Brasil Modelos Automotiva 1 Ltda

ACTIVE

Location:Rua Bernardino de Campos, 98, 1º ao 6º andares, São Paulo, 95090-170, Caxias do Sul - RS, Brazil
Telephone:+(55) 51 3888-6840
D-U-N-S Number:91-460-9722

Identification

  • 91-460-9722
  • Modelos Automotiva test
  • 05.377.956/0001-20
  • 408.118.732.119
  • 111.222.333.444
  • +(55) 51 3888-6840
  • +(55) 51 3888-6841

Summary

  • Limited Liability Company
  • Business
  • Multi-National
  • 1994
  • 1994
  • Mfr. of auto parts such axl, junctions, and bodies
  • 2211
  • Yes
  • Yes
  • 551 (Here)
    3,968 (Total)
  • Kelvin August Thinkher
    President Director
Brasil Modelos Automotiva 1 Ltda

Datos de mapas
Datos de mapas ©2019 Google
Datos de mapasDatos de mapas ©2019 Google
Datos de mapas ©2019 Google
Mapa
Satélite

Address

Rua Bernardino de Campos 98 1º ao 6º andares São Paulo 95090-170 Caxias do Sul RS Brazil

Currency

All monetary amounts quoted in this report are shown in Brazilian Real (BRL) unless otherwise stated

Risk Assessment


Risk Indicator

  • 3

Low Risk (1)

High Risk (4)

Risk Level of the Company is : AVERAGE

D&B Rating

5A

Based on net worth

3

Fair (Slightly bigger than the average Risk)

Former Rating

5A

Based on net worth

3

Fair (Slightly bigger than the average Risk)


The Dun & Bradstreet Rating of 5A 3 indicates:

  • Financial Strength of USD 50,000,000 and above based on net worth.
  • A Risk Indicator which is Fair (Slightly bigger than the average Risk).


Trade Payment Experiences

D&B obtains payment references from local and international suppliers. References listed below may be from either or both sources. Amounts may be rounded to the nearest figure in prescribed ranges.

Date Paying
Record
Currency High
Credit
Now
Owes
Past
Due
Payment
Terms
Last Sale
Mar 07, 2018 Not Yet Due
BRL 0
4,920
0
Net 30
Oct 15, 2017
Payment Comment: Good Opinion
Feb 02, 2018 Prompt
BRL 0
0
0
Net 30
Jan 01, 2018
Payment Comment: Good Opinion
Jan 16, 2018 Slow 15
BRL 4,600
1,500
850
Net 30
Dec 16, 2017
Payment Comment: Irregular Opinion
Jan 16, 2018 Prompt
BRL 5,000
0
0
Net 30
Dec 16, 2017
Payment Comment: Good Opinion
Jan 16, 2018 Prompt
BRL 2,000
0
0
Net 30
Dec 16, 2017
Payment Comment: Good Opinion
Jan 17, 2017 Prompt
BRL 6,380
0
0
Net 30
Dec 17, 2016
Payment Comment: Good Opinion
Jan 17, 2017 Prompt
BRL 3,456
0
0
Net 30
Dec 17, 2016
Payment Comment: Good Opinion
Jan 17, 2017 Prompt
BRL 5,800
0
0
Net 30
Dec 17, 2016
Payment Comment: Good Opinion
Jan 17, 2017 Slow 15
BRL 7,221
5,800
581
Net 30
Dec 17, 2016
Payment Comment: Irregular Opinion

Payment references contained in this report may have been obtained from the same source in different months and monetary units. In some instances, payment beyond terms can be the result of disputes over merchandise, lost invoices, etc.


News

DateJun 12, 2018
ArticleOn June 12th, 2018, this firm is not registered in the list issued by the Office of Foreign Assets Control in the U.S. For further information, visit the site: https://www.treasury.gov/resource-center/sanctions/SDN-List/Pages/default.aspx

On Mar 07, 2018, were observed on a national level 4 occurrence(s).

Total amount of protests: BRL 96,969,696.00

Protests

Total number of protests: 2, including:

DateJul 06, 2017
Court4th Notary Public
AmountBRL 5,659.51
LocationCaxias do Sul, RS

DateMay 15, 2016
Court2nd Notary Public
AmountBRL 3,685.96
LocationCaxias do Sul, RS

Search and Arrest/Fiscal Actions

Total Number of Search and Arrest/Fiscal actions: 1, including:

DateSep 06, 2016
TypeFiscal
Court10th
LocationCaxias do Sul, RS

Return Checks

Total number of returned checks: 1, including:

DateNov 19, 2016
Bank Number001
Typebounced check presented twice
Branch2564
LocationCaxias do Sul, RS

Financial pendings

Total amount of all occurrences: 121,212,121,212.00

Total number of debtor: 1 ,including: 13

DateOct 19, 2018
TypeFinancial Pendency
ModalityBreach of warranty insurance
Contract46465464sasa
Origin / CreditorTeste

DateOct 19, 2018
TypeBanking Pendency
ModalityRental
Contracthauhauhauhahau
Origin / CreditorCredor

Subject operates with the following bank(s):

Bank NameBanco Bradesco S.A.
LocationCaxias do Sul, RS, Brazil
BranchCaldas Flores 2028

Bank NameBanco do Brasil S.A.
LocationCaxias do Sul, RS, Brazil
BranchBarão de Monte Líbano 3305

Bank NameBanco Itaú S.A.
LocationCaxias do Sul, RS, Brazil
BranchMaria Carolina 0193

Bank NameCitibank N.A.
LocationCaxias do Sul, RS, Brazil
BranchSete Quedas 0011

Bank NameBanco Santander Brasil S.A.
LocationCaxias do Sul, RS, Brazil
BranchBom Jardim 0252

Investigation Information

On Mar 07, 2018, the Mr. Gabriel Martins de Faria, Finance Director, confirmed the general data in this report.


Informed that the gross revenue of Jan/17 until Dec/17 was BRL 1,783,642,089.00


Reported that the balance sheets are not audited.



Background

Limited Liability Company, started on Jan 01, 1994 and registered at the State Commerce Registration Office of Río Grande do Sul on Dec 01, 2006, State Registration (NIRE) No. 43.203.831.864.

Activities started on Jan 01, 1994 under company name: Brasil Automotiva Ltda, on São Paulo, SP.

Changes

Incorporated: Modelos Industrial Ltda - (DUNS: 91-180-6357) on Nov 01, 2005 with CNPJ 00.389.114/0001-67 (Folha de São Paulo, pages 1).

AAAAAA

Incorporated: Brasil Modelos Faróis Ltda - (DUNS: 89-712-3775) on Nov 10, 2006 with CNPJ 92.758.885/0001-91.

Changed company name to Brasil Modelos Automotiva Ltda on Dec 01, 2006.

Capital

Capital Stock:BRL 450,000,000 and is fullpaid in

The last share capital change was on Feb 26, 2014.

Capital Distribution:

Capital distribution is as follows:

Shareholders % Capital
Brasil Modelos Electric Ltda 66.7800%
Brasil Modelos Equipamentos Ltda 25.2000%
Brasil Modelos Industrial Ltda 8.0200%
Total 100.0000%



Additional Comments:

Registrated under NIRE 35.212.588.400 (SÒo Paulo/SP). On March 12,1998, the subject relocating the HQ to Rio Grande do Sul.



Parent

The subject is a subsidiary of:

NameBrasil Modelos Electric Ltda
D-U-N-S90-806-5031
CNPJ43.591.324/0001-88
LocationAv. Acará Bandeira, 1.027, Centro Empresarial, Sant'Ana, Caxias do Sul, RS, 55126-000, Brazil
Year Started1972
Line of BusinessMfr. of auto parts such axl, junctions, and bodies
Ownership66.7800%

Subsidiary of: Brasil Modelos Corporation, UK - (DUNS: 30-504-6555).


Ownership

NameBrasil Modelos Equipamentos Ltda
D-U-N-S90-940-7887
CNPJ51.831.861/0001-75
LocationRua Levron de Luarte, 657, Prédio ABX, Marco Modelo, Caxias do Sul, RS, 55236-010, Brazil
Year Started1967
Line of BusinessHolding Company.
Ownership25.2000%

NameBrasil Modelos Industrial Ltda
D-U-N-S95-120-3094
CNPJ90.265.675/0001-82
LocationRua Jean Marc Florien, 56, Salas 01 à 05, Querian Lite, Caxias do Sul, RS, 55689-050, Brazil
Year Started1994
Line of BusinessHolding company.
Ownership8.0200%

Subsidiaries

The principals are:

NameBrasil Modelos Comercial Ltda
D-U-N-S89-673-1589
CNPJ49.769.274/0001-88
LocationAl. Nova Modelos, 507, 3º andar, Sentence Models, Diademapólis, SP, 06565-000, Brazil
Year Started2001
Line of BusinessWholesaler and retailer of auto parts.
Ownership99.9900%

NameBrasil Modelos Indústria e Comércio de Autopeças Ltda
D-U-N-S91-875-2355
CNPJ47.963.516/0001-85
LocationRua Noveleiros de Limma, 1.568, 2º andar, Casa de Abreu, Caxias do Sul, RS, 66584-700, Brazil
Year Started1989
Line of BusinessMfr. of auto parts such axl, junctions, and bodies
Ownership99.9900%

Affiliates

The principals are:

NameBrasil Modelos Metalúrgica Ática Ltda
D-U-N-S91-647-0544
CNPJ46.779.873/0001-41
LocationTrav. Sendtraudt Lins, 236, Salas A, B, C, Canducaia do Leste, Diademapólis, SP, 66236-500, Brazil
Year Started1985
Line of BusinessMfr. of auto parts such axl, junctions, and bodies
Ownership33.3300%

CNPJ01.485.092/0001-00

Group

The subject is a member of the Brasil Modelos Group.

The principals are:

NameAutomotiva Corporation
D-U-N-S30-504-6555
CNPJ47.809.374/0001-25
LocationLondon, United Kingdom

NameBrasil Modelos Automotiva Ltda
D-U-N-S91-460-9722
CNPJ01.485.092/0001-00
LocationCaxias do Sul, RS, Brazil

NameBrasil Modelos Electric Ltda
D-U-N-S90-806-5031
CNPJ43.591.324/0001-88
LocationCaxias do Sul, RS, Brazil

NameBrasil Modelos Equipamentos Ltda
D-U-N-S90-940-7887
CNPJ51.831.861/0001-75
LocationCaxias do Sul, RS, Brazil

NameBrasil Modelos Industrial Ltda
D-U-N-S95-120-3094
CNPJ90.265.675/0001-82
LocationGravataí, RS, Brazil

NameBrasil Modelos Comercial Ltda
D-U-N-S89-673-1589
CNPJ49.769.274/0001-88
LocationDiadema, SP, Brazil

NameBrasil Modelos Indústria e Comércio de Autopeças Ltda
D-U-N-S91-875-2355
CNPJ47.963.516/0001-85
LocationCaxias do Sul, RS, Brazil

NameBrasil Modelos Metalúrgica Ática Ltda
D-U-N-S91-647-0544
CNPJ46.779.873/0001-41
LocationDiadema, SP, Brazil

Principals

NameKelvin August Thinkher
PositionPresident Director
BornOct 30, 1955, native of Belo Horizonte, MG, Brazil
IdentificationID# 1.007.996 (R.G.)
C.P.F.# 025.323.600-20
QualificationsUniversity degree in Marketing
University degree in Business Administration
Present EmploymentDirector of Brasil Modelos Electric Ltda, D-U-N-S 90-806-5031, Caxias do Sul, RS, Brazil, since Jul 21, 2004
Additional CommentsMarried
Entered the subject in 1998. In/on 2013 took present office.
Is active in the company's daily activities.

NameCelsius Eduard Kurrier
PositionFinance Director
BornJan 13, 1953, native of Brazil
IdentificationID# 700.056.9058 (R.G.)
C.P.F.# 185.816.920-87
QualificationsUniversity degree in Accounting Sciences
Present EmploymentDirector of Brasil Modelos S/A Indústria e Comércio, D-U-N-S 89-702-3746, Caxias do Sul, RS, Brazil, since Oct 03, 1979, holds 10.00% of the capital.
Additional CommentsMarried
Entered the subject in 1997.
Is active in the company's daily activities.

NameFahrenheit Vicent Kellermann
PositionDirector
BornDec 31, 1965, native of Brazil
IdentificationID# 5.093.755 (R.G.)
C.P.F.# 988.255.788-99
QualificationsUniversity degree in Economics
Present EmploymentDirector of Brasil Modelos Equipamentos Ltda, D-U-N-S 90-940-7887, Caxias do Sul, RS, Brazil, since Jun 15, 2006
Additional CommentsMarried
Entered the subject in 1998.
Is active in the company's daily activities.

Line of Business

Manufacturer of auto parts such as: suspension joint (pivot), steering bar and reaction. drag link, engines bushings, stringers, steering terminals, stay stabilizing bar, 100.00%

SIC: 2211

Production/Others

Has certificate ISO 9001, granted by SGS System Certification, ISO 14001 granted by ABS-American Bureau of Shipping Quality Evaluations., with expiration on 07/14/2019, and ISO 16949 granted by DNV-Det Norske Veritas Classification, with expiration on 08/23/2019.


Trademark

Subject has 1 trademarks. Including:

Brasil Modelos, auto parts, 100%

Sales

Products are sold in the following market(s):

Exports To:Germany
United States
Mercosul

National Sales Terms:

  • on credit for 30 days, 76.00%
  • cash, 4.00%

International sales terms:

  • on credit for 30-60 days, 20.00%

Keeps a portifolio of 1800 customers, being 436 customers

Accomplishes its sales through its authorized distributors

Keeps a portfolio of approximately 436 active customers.

Products are sold in the following market(s): national and international, 100%.


Major Customers

Sells mainly to:

Name Location Percent
General Motors do Brasil Ltda São Caetano do Sul, SP, Brazil 08.45%
Ford Motor Company do Brasil Ltda Camaçari, BA, Brazil 12.65%
Volkswagen do Brasil Indústria de Veículos Automotores Ltda São Bernardo do Campo, SP, Brazil 05.98%
Mercedes Benz do Brasil Ltda São Bernardo do Campo, SP, Brazil 13.66%
Scania Latin América Ltda São Bernardo do Campo, SP, Brazil
Volvo do Brasil Veículos Ltda Curitiba, PR, Brazil 03.98%
Affinia Automotiva Ltda Osasco, SP, Brazil 07.65%
FCA Fiat Chrysler Automóveis Brasil Ltda Betim, MG, Brazil
Tritec Motors Ltda. Campo Largo, PR, Brazil 08.99%
Toyota do Brasil Ltda. Sorocaba, SP, Brazil 06.47%
Emerelec International Co. Atlanta, United States 01.45%


Purchasing

Purchases from the following market(s):

Imports from:United States
Mercosul

National purchase terms:

  • on credit for 28-30 days, 95.00%

International purchase terms:

  • on credit for 90 days, 5.00%

Purchases from the following market(s): national and international.


Major Suppliers

Purchases mainly from:

Name Location
Aços Villares Ltda São Paulo, SP, Brazil
Armco do Brasil S/A São José dos Campos, SP, Brazil
Companhia Siderúrgica Nacional - CSN Rio de Janeiro, RJ, Brazil
Gerdau Aços Especiais S/A Charqueadas, RS, Brazil
Metalúrgica Osan Ltda Indaiatuba, SP, Brazil
Multimetal - Indústria Metalúrgica Ltda Cambé, PR, Brazil
Tupy Fundições Ltda Joinville, SC, Brazil
V & M do Brasil S/A - (Mannesmann) Belo Horizonte, MG, Brazil
International Trade Winds LLC Miami, Flórida, United States


Employees

Employs: 3,968

551 in this location

Insurance

Subject has the following insurance policy(ies):

  • Miscellaneous risks covering managerial for an amount equal to BRL 121,425,100.00 with Itaú Seguros S/A for a/an annual period, maturity date on Dec 31, 2018.
  • Fire risk covering managerial for an amount equal to BRL 36,000,000.00 with Porto Seguro Cia. de Seguros Gerais for a/an annual period, maturity date on Jan 30, 2019.
  • Miscellaneous risks covering machinery & equipment for an amount equal to BRL 99,525,600.00 with Bradesco Seguros S/A for a/an annual period, maturity date on Nov 30, 2018.

Branches

The subject maintains 1 branch(es).

Including

NameDivision Alfa
TypePlant
CNPJ05.377.956/0007-33
LocationRua Carlos Maisson Weber, 2.630, Campiraíba, Rio de Janeiro, RJ, 21460-001, Brazil
Telephone(s)(21) 3255-6589
Facsimile(21) 3256-5623
Built Area7,852 square meters
Land Area12,569 square meters
Property ValueBRL 5,569,856.00 (estimated value)
DetailsThere are 358 employees in this location

The subject maintains 5 branch(es).

Including

NameDivision Beta
TypePlant
D-U-N-S91-118-0381
CNPJ05.377.956/0002-39
LocationAv. Fernando Stecca, 780, Zona Industrial, Campinas, SP, 18087-450, Brazil
Telephone(s)(15) 3238-6000
Facsimile(15) 3238-6001
Built Area18,752 square meters
Land Area22,350 square meters
DetailsRented
There are 687 employees in this location
I.E.: 669.310.867.112
NameDivision Gama
TypePlant
D-U-N-S91-127-8581
CNPJ05.377.956/0003-09
LocationRua Ricardo Bruno Albarus, 201, Pavilhão B, Distrito Industrial, Caxias do Sul, RS, Brazil
Telephone(s)(51) 3489-3000
Facsimile(51) 3489-3300
Built Area7,685 square meters
Land Area12,369 square meters
Monthly RentBRL 14,556.00
DetailsRented
There are 419 employees in this location
(I.E.: 057/0150728)
NameDivision A - B
TypeAdministration office and plant
D-U-N-S89-752-5412
CNPJ05.377.956/0004-82
LocationRua Eugênio Bellotto, 200, Pavilhão B, Vila Liviero, Diadema, SP, 04185-160, Brazil
Telephone(s)(11) 6331-8526
Facsimile(11) 946-0643
Built Area6,897 square meters
Land Area9,658 square meters
DetailsRented
There are 662 employees in this location
(I.E.: 102.143.946.111)
NameDivision B - C
TypePlant
D-U-N-S91-638-1295
CNPJ05.377.956/0005-56
LocationAv. Roberto Gordon, 449 / 459, Piraporinha, São Paulo, SP, 09990-090, Brazil
Telephone(s)(11) 4071-1411
Facsimile(11) 4071-2881
Built Area17,365 square meters
Land Area21,569 square meters
Monthly RentBRL 9,453.00
DetailsRented
There are 863 employees in this location
(I.E.: 286.008.309.110)
NameDivision C - D
TypePlant
CNPJ05.377.956/0006-85
LocationAv. Brasil, 5.370, Marg. BR 277, Km 121, Guabiroba, Curitiba, PR, 83605-420, Brazil
Telephone(s)(41) 2104-8800
Facsimile(41) 2104-8812
Built Area11,365 square meters
Land Area15,452 square meters
Monthly RentBRL 7,658.33
DetailsRented
There are 428 employees in this location

Property Ownership

The Company also owns 1 real estate property(ies).

Subject owns:

NameLot of land
LocationRua Carlos Maisson Weber, 1.560, Rio de Janeiro, RJ, Brazil
Built Area1,853 square meters
Land Area15,000 cubic meters
Property ValueBRL 4,500,000.00 (estimated value)


Facilities

Subject has facilities at caption address:

NameHeadquarters
Built Area25,547 square meters
Built OnSteel, metal plate, concrete, stucco, veneer, fiberglass
Land Area37,500.00 square meters
Property ValueBRL 49,700,000 (estimated value)
DetailsOwn

Comparatives (USD)

Fiscal Individual
Dec 31, 2015
Single Units
USD
Fiscal Individual
Dec 31, 2016
Single Units
USD
% VAR
Fiscal Individual
Dec 31, 2017
Single Units
USD
% VAR
Total Current Assets 218,720,460 279,581,288 28 298,287,879 7
Fixed Assets 80,739,130 127,409,202 58 131,517,879 3
Total Assets 307,373,657 419,665,031 37 443,829,091 6
Total Current Liabilities 104,283,376 180,981,902 74 187,859,697 4
Long Term Payables 64,565,729 55,810,429 -14 53,142,121 -5
Total Net worth 138,524,552 182,872,699 32 202,827,273 11
Net Sales 305,497,442 434,226,687 42 457,578,182 5
Gross Income 45,483,376 60,558,282 33 55,216,667 -9
Net Income (Loss) 30,825,575 39,957,669 30 37,179,394 -7
Working Capital 114,437,084 98,599,387 -14 110,428,182 12

%VAR = Growth year to year


Balance Sheet (USD)

Assets Fiscal Individual
Dec 31, 2017
Single Units
USD
Total Liquid Assests 98,585,758
- Cash & Banks 16,495,758
- Marketable Securities 44,979,394
- Other Applications 37,110,606
Net Account Receivables 96,176,061
- Gross Account Receivables 105,793,636
- Allowance for Doubtful Accounts -9,617,576
Inventory 40,916,667
- Raw Materials 431,818
- Finished Product 1,966,061
- Unfinished Product 3,189,091
- Packing Materials 2,550,606
- Supplies 1,419,697
- Other Inventory 31,359,394
Prepaid Items 632,424
Tax Credits 33,922,121
Other Current Assets 28,054,848
TOTAL CURRENT ASSETS 298,287,879
Receivables Subsid/Related 4,043,939
- Receivables from Subsid 2,556,061
- Receivables from Related Co. 817,576
- Receivables from Shareholders 471,515
- Receivables Others 198,788
Tax / Fiscal Credits 1,313,636
Obligitory Deposits 380,606
Judicial Deposits 5,738,182
Other L/T Credits 2,546,970
LONG TERM RECEIVABLES 14,023,333
Investments 95,919,394
- Subsidiaries 56,620,303
- Related Companies 30,753,636
- Other Investments 8,545,455
Real Estate 32,924,242
- Buildings and Land 2,928,485
- Buildings under Construction 1,151,515
- Furniture / Fixture / Equipment 2,413,636
- Vehicles 848,485
- Leased out Buildings and Land 504,242
- Leased out Furniture / Fix / Equip. 2,555,152
- Leased out Vehicles 2,087,576
- Other Fixed Assets 29,696,970
- Accumulated Depreciation -9,261,818
Net Intangibles 2,089,394
- Intangibles (Gross) 2,830,606
- Deprec / Amortiz Intangibles -741,212
Net Deferred Assets 584,848
- Deferred (Gross) 725,758
- Deprec / Amortiz Deferred -140,909
FIXED ASSETS 131,517,879
LONG TERM ASSETS 145,541,212
TOTAL ASSETS 443,829,091

Liabilities Fiscal Individual
Dec 31, 2017
Single Units
USD
Total Payable to Suppliers 45,305,152
- Raw Materials Suppliers 16,390,909
-- National Suppliers 9,896,364
-- Foreign Suppliers 6,494,545
- Machine / Equip Suppliers 20,165,455
- Other Suppliers 8,748,788
Total Loan & Financing 76,533,636
- Working Capital Loan 9,835,152
- Discount on Payables 1,423,030
- Financing of Machine / Equip 23,301,818
- Vehicle Financing 12,727,273
- For. Exchange Advance 23,725,455
- Other Loans/Financing 5,520,909
Salaries / Benefits Payable 5,859,697
Tax Payable 4,891,818
Income Tax Payable 6,781,515
Dividends / Interest Payable 25,799,697
Other Current Liabilities 12,622,424
Other Provisions 10,065,758
TOTAL CURRENT LIABILITIES 187,859,697
Payables to Suppliers 6,577,273
- National Suppliers 5,289,697
- Foreign Suppliers 853,636
- Other Suppliers 433,939
Total Loan & Financing 2,252,121
- Working Capital Loan 393,939
- Financing of Machine / Equip 730,909
- Vehicle Financing 534,242
- For. Exchange Advance 431,818
- Other Loans/Financing 161,212
Taxes Payable 1,992,121
Provisions for Contingencies 453,939
Loans from Subsid/Related Co.s 17,311,515
- Loans from Subsidiaries 6,666,667
- Loans from Related Companies 10,303,030
- Loans from Shareholders 341,818
Deferred Taxes Payable 3,802,121
Other L/T Debts 5,146,970
Net Deferred 15,606,061
LONG TERM PAYABLES 53,142,121
LONG TERM LIABILITIES 53,142,121
Paid in Capital 136,363,636
- Subscribed Capital 218,181,818
- Unpaid Capital -81,818,182
Reserve for Capital Increase 6,666,667
Capital Reserves 19,810,303
Reserve of Profit 20,655,455
Net Retained Earnings 17,864,848
Adjustment to Net Worth 744,848
Treasury Stock -984,848
Intercompany Holdings 1,706,364
TOTAL NET WORTH 202,827,273
TOTAL LIABILITIES & NET WORTH 443,829,091

Profit & Loss (USD)

Fiscal Individual
Jan 01, 2017
to Dec 31, 2017
Single Units
USD
GROSS SALES 540,509,697
Sales Deductions -82,931,515
- Returned Merchandise -2,979,394
- Sales Tax -78,883,030
- Discounts / Returns -1,069,091
NET SALES 457,578,182
Cost of Goods Sold -402,361,515
GROSS INCOME 55,216,667
Net Operating Income (Exp) -39,454,242
- Sales Expenses -21,355,758
- General / Administrative Expenses -13,487,879
- Administrative Fees -1,370,606
- Other Operating Expenses & Income -3,240,000
OPERATING INCOME BEFORE FINANCES 15,762,424
Net Financial Result 29,878,182
- Interest Expense -30,718,485
- Interest Income 49,624,242
- Equity Adjustment 6,936,364
- Equity Results of Owned Entities 6,743,636
- Interest on Capital -2,707,576
NET OPERATING INCOME 45,640,606
Non Operating Income -36,364
- Profit(Loss) Sales of Assets -2,222,121
- Reserves for Interest on Capital 2,707,576
- Extraordinary Expenses -253,333
- Other Non-Operating Results -268,485
INCOME BEFORE TAXES/BENEFITS/PARTIC 45,604,242
Taxes / Benefits / Participations / Deferred -8,424,848
- Taxes / Benefits -3,825,455
- Deferred Taxes/Benefits -568,182
- Statutory Participations -714,545
- Minority Equity Participations -1,894,545
- Other Participations -1,422,121
NET INCOME (LOSS) 37,179,394
- Working Capital 110,428,182

Ratios (USD)

Individual
Dec 31, 2017
LIQUIDITY RATIOS
Current Ratio 1.59
Quick Ratio 1.37
General Liquidity 1.30
Short Term Debt-to-Equity 92.62
Debt-to-Equity 118.82
EFFICIENCY RATIOS
CP- Collection Period 75.66
Asset Turnover 1.03
Inventory Turnover 11.18
Fixed Worth 64.84
PROFITABILITY RATIOS
Gross Margin 12.07
Operating Margin 9.97
Return of Sales 8.13
Return of Assets 8.38
Return of Net Worth 18.33

Comparatives (BRL)

Fiscal Individual
Dec 31, 2015
Single Units
BRL
Fiscal Individual
Dec 31, 2016
Single Units
BRL
Fiscal Individual
Dec 31, 2017
Single Units
BRL
Total Current Assets 855.197.000 911.435.000 984.350.000
Fixed Assets 315.690.000 415.354.000 434.009.000
Total Assets 1.201.831.000 1.368.108.000 1.464.636.000
Total Current Liabilities 407.748.000 590.001.000 619.937.000
Long Term Payables 252.452.000 181.942.000 175.369.000
Total Net worth 541.631.000 596.165.000 669.330.000
Net Sales 1.194.495.000 1.415.579.000 1.510.008.000
Gross Income 177.840.000 197.420.000 182.215.000
Net Income (Loss) 120.528.000 130.262.000 122.692.000
Working Capital 447.449.000 321.434.000 364.413.000

Balance Sheet (BRL)

Assets Fiscal Individual
Dec 31, 2017
Single Units
BRL
Total Liquid Assests 325.333.000
- Cash & Banks 54.436.000
- Marketable Securities 148.432.000
- Other Applications 122.465.000
Net Account Receivables 317.381.000
- Gross Account Receivables 349.119.000
- Allowance for Doubtful Accounts -31.738.000
Inventory 135.025.000
- Raw Materials 1.425.000
- Finished Product 6.488.000
- Unfinished Product 10.524.000
- Packing Materials 8.417.000
- Supplies 4.685.000
- Other Inventory 103.486.000
Prepaid Items 2.087.000
Tax Credits 111.943.000
Other Current Assets 92.581.000
TOTAL CURRENT ASSETS 984.350.000
Receivables Subsid/Related 13.345.000
- Receivables from Subsid 8.435.000
- Receivables from Related Co. 2.698.000
- Receivables from Shareholders 1.556.000
- Receivables Others 656.000
Tax / Fiscal Credits 4.335.000
Obligitory Deposits 1.256.000
Judicial Deposits 18.936.000
Other L/T Credits 8.405.000
LONG TERM RECEIVABLES 46.277.000
Investments 316.534.000
- Subsidiaries 186.847.000
- Related Companies 101.487.000
- Other Investments 28.200.000
Real Estate 108.650.000
- Buildings and Land 9.664.000
- Buildings under Construction 3.800.000
- Furniture / Fixture / Equipment 7.965.000
- Vehicles 2.800.000
- Leased out Buildings and Land 1.664.000
- Leased out Furniture / Fix / Equip. 8.432.000
- Leased out Vehicles 6.889.000
- Other Fixed Assets 98.000.000
- Accumulated Depreciation -30.564.000
Net Intangibles 6.895.000
- Intangibles (Gross) 9.341.000
- Deprec / Amortiz Intangibles -2.446.000
Net Deferred Assets 1.930.000
- Deferred (Gross) 2.395.000
- Deprec / Amortiz Deferred -465.000
FIXED ASSETS 434.009.000
LONG TERM ASSETS 480.286.000
TOTAL ASSETS 1.464.636.000
Liabilities Fiscal Individual
Dec 31, 2017
Single Units
BRL
Total Payable to Suppliers 149.507.000
- Raw Materials Suppliers 54.090.000
-- National Suppliers 32.658.000
-- Foreign Suppliers 21.432.000
- Machine / Equip Suppliers 66.546.000
- Other Suppliers 28.871.000
Total Loan & Financing 252.561.000
- Working Capital Loan 32.456.000
- Discount on Payables 4.696.000
- Financing of Machine / Equip 76.896.000
- Vehicle Financing 42.000.000
- For. Exchange Advance 78.294.000
- Other Loans/Financing 18.219.000
Salaries / Benefits Payable 19.337.000
Tax Payable 16.143.000
Income Tax Payable 22.379.000
Dividends / Interest Payable 85.139.000
Other Current Liabilities 41.654.000
Other Provisions 33.217.000
TOTAL CURRENT LIABILITIES 619.937.000
Payables to Suppliers 21.705.000
- National Suppliers 17.456.000
- Foreign Suppliers 2.817.000
- Other Suppliers 1.432.000
Total Loan & Financing 7.432.000
- Working Capital Loan 1.300.000
- Financing of Machine / Equip 2.412.000
- Vehicle Financing 1.763.000
- For. Exchange Advance 1.425.000
- Other Loans/Financing 532.000
Taxes Payable 6.574.000
Provisions for Contingencies 1.498.000
Loans from Subsid/Related Co.s 57.128.000
- Loans from Subsidiaries 22.000.000
- Loans from Related Companies 34.000.000
- Loans from Shareholders 1.128.000
Deferred Taxes Payable 12.547.000
Other L/T Debts 16.985.000
Net Deferred 51.500.000
LONG TERM PAYABLES 175.369.000
LONG TERM LIABILITIES 175.369.000
Paid in Capital 450.000.000
- Subscribed Capital 720.000.000
- Unpaid Capital -270.000.000
Reserve for Capital Increase 22.000.000
Capital Reserves 65.374.000
Reserve of Profit 68.163.000
Net Retained Earnings 58.954.000
Adjustment to Net Worth 2.458.000
Treasury Stock -3.250.000
Intercompany Holdings 5.631.000
TOTAL NET WORTH 669.330.000
TOTAL LIABILITIES & NET WORTH 1.464.636.000

Profit & Loss (BRL)

Fiscal Individual
Jan 01, 2017
to Dec 31, 2017
Single Units
BRL
GROSS SALES 1.783.682.000
Sales Deductions -273.674.000
- Returned Merchandise -9.832.000
- Sales Tax -260.314.000
- Discounts / Returns -3.528.000
NET SALES 1.510.008.000
Cost of Goods Sold -1.327.793.000
GROSS INCOME 182.215.000
Net Operating Income (Exp) -130.199.000
- Sales Expenses -70.474.000
- General / Administrative Expenses -44.510.000
- Administrative Fees -4.523.000
- Other Operating Expenses & Income -10.692.000
OPERATING INCOME BEFORE FINANCES 52.016.000
Net Financial Result 98.598.000
- Interest Expense -101.371.000
- Interest Income 163.760.000
- Equity Adjustment 22.890.000
- Equity Results of Owned Entities 22.254.000
- Interest on Capital -8.935.000
NET OPERATING INCOME 150.614.000
Non Operating Income -120.000
- Profit(Loss) Sales of Assets -7.333.000
- Reserves for Interest on Capital 8.935.000
- Extraordinary Expenses -836.000
- Other Non-Operating Results -886.000
INCOME BEFORE TAXES/BENEFITS/PARTIC 150.494.000
Taxes / Benefits / Participations / Deferred -27.802.000
- Taxes / Benefits -12.624.000
- Deferred Taxes/Benefits -1.875.000
- Statutory Participations -2.358.000
- Minority Equity Participations -6.252.000
- Other Participations -4.693.000
NET INCOME (LOSS) 122.692.000
- Working Capital 364.413.000

Estimated/Partial Financial Statements

For the last 12 months, subject reported a total estimated gross revenue of BRL 1,200,000.55.

Informed average quarterly basis purchasing is BRL 1,000,500.66

Monthly Sales

Month Year Monthly Sales
JAN 2017 99,555,726.00 BRL
FEB 2017 105,579,214.00 BRL
MAR 2017 110,991,421.00 BRL
APR 2017 119,399,411.00 BRL
MAY 2017 126,620,430.00 BRL
JUN 2017 141,990,436.00 BRL
JUL 2017 150,987,695.00 BRL
AUG 2017 163,482,656.00 BRL
SEP 2017 171,162,651.00 BRL
OCT 2017 195,985,780.00 BRL
NOV 2017 197,233,685.00 BRL
DEC 2017 200,652,984.00 BRL

Financial Analysis

On Dec 31, 2017, the Working Capital (Total Current Assets - Total Current Liabilities) was USD 110,428,181.82, the General Liquidity Ratio was 1.30 and the Current Ratio was 1.59.

Subject's Own Working Capital (Net Worth - Fixed Assets) was USD 71,309,393.94.

Current Assets was USD 298,287,878.79.

Current Liabilities was USD 187,859,696.97.

General Debt-to-Equity Ratio was 118.82%.

Fixed Assets was USD 131,517,878.79.

Gross Margin (Gross Income/Net Sales) was 12.07%.

Operating Margin (Net Operating Income/Net Sales) was 9.97%.

Return of Sales (Net Income(Loss)/Net Sales) was 8.13%.

The most recent Balance Sheet shows a Profit.

In comparison to the previous year, Net Worth changed by 11.00%.

Net Sales for the above period changed by 5.00% when compared to the same period in the previous year.

Net Income(Loss) for the above period changed by -7.00% when compared to the same period in the previous year.

1 - Financial statement accounts are expressed in USD equivalent.

2 - The accounting method used in the elaboration of each financial statement is the Corporate Legislation method and treated in the following manner: Balance Sheet accounts were converted to USD using the official USD rate as of the closing of the statement. Profit & Loss statement accounts from Gross Sales to Non Operating Income were converted using the arithmetic mean of the twelve months official USD rates for the period. Others accounts to Net Income were converted to USD using the official USD rate as of the closing of the statement.

3 - The financial statement submitted with the closing date of Dec 31, 2010 are treated as follows: Balance Sheet accounts and Profit & Loss statement are converted to USD using the official USD rate as of the closing of the statement.

Official Dollar Rates:

Dec. 31, 2009: USD 1.00 = BRL 1,74;

Dec. 31, 2010: USD 1.00 = BRL 1,66;

Dec. 31, 2011: USD 1.00 = BRL 1,88;

Dec. 31, 2012: USD 1.00 = BRL 2,04;

Dec. 31, 2013: USD 1.00 = BRL 2,34

Dec. 31, 2014: USD 1.00 = BRL 2,66

Dec. 31, 2015: US$ 1.00 = BRL 3,91

Dec. 31, 2016: US$ 1.00 = BRL 3,26

Dec. 31, 2017: US$ 1.00 = BRL 3,30


Customer Service

Should you require any further information or have any questions, please contact your local Customer Service Centre. Brazilian subscribers please contact:

Dun & Bradstreet do Brasil Ltda.

Avenida Bernardino de Campos, 98 - 2° andar

Paraíso - São Paulo - SP - Brazil

CEP04004-040
Telephone(s)(+55) 11 2107-6800
Facsimile(s)(+55) 11 2107-6802
E-mail[email protected]
Websitewww.cialdnb.com/pt-br/

Enquiries should always contain the below minimum details please:

  • Full Company Name
  • Full Headquarters Address
  • Telephone Number
  • Business Identification Number
  • Contact Name
  • Reference
  • Order Date

D&B Rating Glossary

The following ratings are available for businesses in Brazil:

D&B Rating - The D&B® Rating in Brazil consists of 2 parts, the Financial Strength Indicator and the Risk Indicator. The Financial Strength Indicator is based on Net Worth of a current fiscal balance sheet. The table below contains the values for the D&B Rating in Brazil.


Financial Strength Indicator

Range USD Composition of Credit Risk
Net Worth From To Strong Good Fair Poor
5A 50,000,000 And above 1 2 3 4
4A 10,000,000 49,999,999 1 2 3 4
3A 1,500,000 9,999,999 1 2 3 4
2A 750,000 1,499,999 1 2 3 4
1A 375,000 749,999 1 2 3 4
A 188,000 374,999 1 2 3 4
B 94,000 187,999 2 3 4
C 47,000 93,999 2 3 4
D 24,000 46,999 2 3 4
E 12,000 23,999 2 3 4
F 6,000 11,999 2 3 4
G 0 5,999 2 3 4
O Balance Sheet not available.
Credit Risk Condition Risk Indicator Interpretation
1 Strong Minimum Risk Grant Credit - offer more enlarged terms if necessary
2 Good Risk Low Grant Credit
3 Fair Slightly bigger than the average Risk Grant Credit , but monitored
4 Poor Meaningful Risk Examine each case before granting credit, get more market information, and analyze other suppliers. Ask for assurance if necessary due to the high risk.
S Service Companies By the business nature, do not sign risk level Companies that do not request credit in their normal activities (Banks, Brokerages, Insurance Co., Schools, Associations, Government, etc...)
- Undetermined Unknown Risk Insufficient Information
An "S" Risk Indicator is only assigned in conjunction with a Financial Strenght Indicator (e.g. 5A S, 4A S, F S, O S)

Risk Indicator - Used in conjunction with the Financial Strength Indicator. The Risk Indicator reflects D&B's opinion of the risk associated with trading with a specific business, notably the likelihood of business continuance or failure over the next 12 months.

Alternate Ratings Used
-- No information available
NB New Business: Less than 30 months
BR Local Branch
FB Foreign Branch
NQ Out of Business: Business has ceased to trade
N4 Negative Net Worth

Ratios Description

Ratio Formula
Liquidity Ratio:
Current Ratio (CA / CL)
Indicates the payment capacity of the company in the short terms, that for each $ 1.00 of debt, it has $ X to pay off. (the bigger, the better)
Quick Ratio (CA - Inventory / CL)
Indicates the payment capacity of the company in the short terms with no dissolved of their Inventories, that for each $ 1.00 of debt, it has $ X to pay off. (the bigger, the better)
General Liquidity (CA + LTR) / (CL + LTL)
Indicates the payment capacity of the company in the short and long terms, that for each $ 1.00 of debt, it has $ X to pay off.(the bigger, the better)
Short-Term Debt-to-Equity (CL / NW) x 100
The company owes (short term) X% of its Net Worth. (the bigger, the worse)
Debt-to-Equity ((CL + LTL) / NW) x 100
The company owes X% of its Net Worth. (the bigger, the worse)
Efficiency Ratios:
CP - Collection Period (Accounts Receivable / Net Sales) x 360
Indicates that the company, in average recevies their invoice with approximately X days. (the bigger, the worse)
Assets Turnover (Net Sales / Total Assets)
Indicates that the Net Sales were higher than X times the Total Assets value. (the bigger, the better)
Inventory Turnover (Net Sales / Inventory)
Indicates that the company turns its inventories within an average of approximately X times by year. (the bigger, the better)
Fixed Worth (Fixed Assets / NW) x 100
% Indicates that the Fixed Assets was X% out of the Net Worth value. (the smaller, the better)
Profitability Ratios:
Gross Margin (Gross Income / Net Sales) x 100
Indicates that the Gross Income/Loss was X% of Net Sales. (the bigger, the better, in case of losses, the bigger, the worse)
Operating Margin (Net Operating Income / Net Sales) x 100
Indicates that the % of Income/Loss gained in each monetary unit of Net Sales. (the bigger, the better,in case of losses, the bigger, the worse)
Return of Sales (Net Income / Net Sales) x 100
% Indicates that the Net Profit/Loss was X% out of the Net Sales amount. (the bigger, the better, in case of losses, the bigger, the worse)
Return of Assets (Net Income / Total Assets) x 100
% indicates the efficiency of the administration in the generation of profit with the own Total Assets. (the bigger, the better, in case of losses, the bigger, the worse)
Return of Net Worth (Net Income / NW) x 100
% Indicates that the Net Income/Loss was X% out of the Net Worth value. (the bigger, the better)
Other Formulas
Working Capital (CA - CL)
Indicates that the company has $ X to rotate their operations (the bigger, the better, in case of negative, the bigger, the worse)
Own Working Capital (NW - Fixed Assets)
Indicates that the company applies $ X of its own resources in Current Asset (the bigger, the better, in case of negative, the bigger, the worse)

Confidentiality

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