Financial Analysis of the Gipuzkoa Commercial Registry

Date: June 28, 2024

This report provides a detailed analysis of the most relevant events recorded in the Gipuzkoa Commercial Registry. Below, the most significant acts are described, accompanied by examples of companies that illustrate these movements.

Appointments

The total number of recorded appointment acts is 169. This data reflects an active dynamic in business management, where there is a constant renewal and designation of managerial positions. A notable example is the company BALKIDE BALORAZIOAK SA, which has one recorded appointment act. This company, established in 1993, has a share capital of 31,250,000.00 euros.

Incorporations

41 incorporation acts have been recorded, indicating growth in the creation of new companies in the region. This data is encouraging, as it suggests a favorable environment for entrepreneurship and investment. Although no new companies are specified in the provided data, this number is a positive indicator of Gipuzkoa's economic health.

Resignations

The number of resignations amounts to 80, which could reflect internal restructuring in several companies. An example is the company JOSE MIGUEL ZUBILLAGA E HIJOS SA, which has one recorded resignation act. This company has a share capital of 28,353,000.00 euros.

Revocations

16 revocation acts have been recorded. These acts are usually related to changes in management or business strategy. Although no specific examples are mentioned in the provided data, it is a relevant aspect to consider in business management analysis.

Sole Proprietorships

The number of sole proprietorship acts is 19. This data indicates the existence of companies operating under the sole proprietorship figure, which may have particular fiscal and management implications.

Address Changes

34 address change acts have been recorded. This movement may be associated with expansion strategies or the relocation of headquarters to optimize operations. No specific examples are provided in the data, but it is an important aspect to consider in business dynamics.

Statutory Modifications

No statutory modification acts have been recorded. This data suggests stability in the companies' bylaws, without the need for significant changes in their legal structure.

Capital Increases

The number of capital increase acts is 12. These acts usually indicate an injection of resources to finance expansion projects or improve operational capacity. An example is the company ELKARGI SOCIEDAD DE GARANTIA RECIPROCA, with a share capital of 51,805,354.00 euros.

Dissolutions

16 dissolution acts have been recorded, which may reflect the closure of companies that have not managed to stay in the market. This data should be analyzed together with other indicators to better understand the underlying causes.

Re-elections

The number of re-election acts is 13. This data can be interpreted as a sign of confidence in the current management of companies, keeping their directors in their positions. An example is the company EREIN SA, which has one recorded re-election act.

Bankruptcy Situations

21 bankruptcy situation acts have been recorded, indicating financial difficulties in several companies. This data is crucial for evaluating the region's economic stability and the companies' ability to meet their obligations.

Object Changes

The number of object change acts is 3. These acts may reflect companies adapting to new business opportunities or changes in their commercial strategy.

Name Changes

6 name change acts have been recorded. This movement may be associated with rebranding or changes in corporate structure. No specific examples are provided in the data.

Capital Reductions

The number of capital reduction acts is 5. These acts may be related to financial restructuring of companies to adjust their share capital to market reality.

Object Extensions

5 object extension acts have been recorded. This movement may indicate a diversification of business activities to take advantage of new business opportunities.

Sole Proprietorship Changes

No sole proprietorship change acts have been recorded. This data suggests that there have been no significant transformations in the ownership structure of sole proprietorship companies.

Loss of Sole Proprietorship

The number of loss of sole proprietorship acts is 5. This data may reflect the incorporation of new partners in companies that previously operated as sole proprietorships.

Extinctions

1 extinction act has been recorded, indicating the definitive dissolution of a company. This data is relevant to understanding the dynamism and challenges of the business environment.

Mergers and Company Transformations

No merger or company transformation acts have been recorded. This data suggests stability in the corporate structure of companies in Gipuzkoa, without significant movements in terms of mergers or transformations.

In conclusion, the analysis of the Gipuzkoa Commercial Registry data reveals a dynamic business activity with a significant number of appointments, incorporations, and resignations. Although some challenges are observed, such as bankruptcy situations, overall, the data reflects an active and constantly evolving business environment.