Financial Analysis of Companies in Navarra

Analysis date: June 28, 2024

Introduction

This report provides a detailed analysis of the acts registered in the Commercial Registry of Navarra. Various corporate activities are examined, including appointments, incorporations, resignations, revocations, statutory modifications, capital increases, dissolutions, insolvency situations, among others. This analysis is based on the data available up to the mentioned date.

General Data

The Commercial Registry of Navarra has registered a total of 38 appointments, 3 incorporations, 16 resignations, 10 revocations, 3 sole proprietorships, 3 address changes, 3 statutory modifications, 2 capital increases, 3 dissolutions, 1 re-election, 8 insolvency situations, 2 changes of purpose, and no mergers, extinctions, or company transformations.

Relevant Acts

Appointments

With a total of 38 appointments, this is the most frequent activity recorded in the analyzed period. A notable example is the company Maier Navarra SL, which has made an appointment. This company, incorporated on June 25, 1996, has a share capital of 6,231,559,999.00 euros.

Incorporations

There have been 3 incorporations of new companies. This relatively low number could indicate a challenging economic environment or market saturation. No specific companies have been identified in the provided data for this act.

Resignations and Revocations

Resignations and revocations are also significant activities, with 16 and 10 records respectively. An example is the company Benecke-Kaliko SA, which has recorded a resignation. This company has a share capital of 576,000,000.00 euros.

Sole Proprietorships

There have been 3 acts of sole proprietorship, indicating the formalization of sole proprietorship companies. This type of act is less frequent compared to others.

Address Changes and Statutory Modifications

Both address changes and statutory modifications have had 3 records each. These acts reflect internal adjustments in companies to adapt to new circumstances or strategies.

Capital Increases

There have been 2 capital increases, suggesting that some companies are seeking to increase their financial capacity to expand or improve their operations. An example is the company ZF Aftermarket Iberica SL, with a share capital of 5,000,000.00 euros, although it has not recorded capital increases in this period.

Dissolutions

There have been 3 company dissolutions, which may indicate economic difficulties or market changes. The company Ibarre Multzoa SAL, with a share capital of 18,174,000.00 euros, is an example of a company that has recorded a dissolution.

Insolvency Situations

Insolvency situations are a critical indicator of the financial health of companies. There have been 8 insolvency situations recorded, reflecting a significant number of companies in financial difficulties. Ibarre Multzoa SAL has also recorded 3 insolvency situations, highlighting its financial problems.

Other Acts

There have been 2 changes of corporate purpose, which may indicate a change in business strategy or main activities of the companies. No changes of name, capital reductions, purpose extensions, changes of sole proprietorship, losses of sole proprietorship, extinctions, mergers, or company transformations have been recorded in the analyzed period.

Conclusion

The analysis of the acts registered in the Commercial Registry of Navarra reveals moderate business activity with a significant number of appointments and resignations. Insolvency situations and dissolutions reflect some economic challenges, while capital increases and changes of corporate purpose indicate efforts by companies to adapt and grow. Companies like Maier Navarra SL, Benecke-Kaliko SA, Ibarre Multzoa SAL, and ZF Aftermarket Iberica SL stand out in this analysis for their recorded acts and share capital.

In summary, although the business environment in Navarra shows signs of stability, it also faces significant challenges that companies must address to ensure their long-term sustainability and growth.