Financial Analysis of the Bizkaia Commercial Registry

Report date: July 16, 2024

This financial analysis focuses on the most relevant data from the Bizkaia Commercial Registry, highlighting the most significant facts in various categories of registry acts. Below is a detailed analysis of each category, enriched with examples of specific companies and their respective profiles.

Appointments

The number of appointment acts registered in Bizkaia amounts to 51. This data reflects significant activity in the designation of new positions within companies, which may indicate organizational restructuring or expansion. A notable example is the company Pesquería Vasco-Montañesa SA, although no recent appointments have been registered in its specific case.

Constitutions

17 acts of new company constitutions have been registered, suggesting a dynamic and growing business environment. The creation of new companies is a positive indicator of business confidence in the region. An example of a company constituted in recent years is Construcciones Navales del Norte SL, constituted on October 7, 2005, with a share capital of 10,500,000.00 euros.

Resignations

The number of registered resignation acts is 20. This data may reflect changes in the management or organizational structure of companies. Resignations can result from retirements, strategic changes, or internal restructurings.

Revocations

8 acts of revocations have been registered. Revocations are usually related to the annulment of previously granted powers or authorizations, which may be part of internal audit processes or changes in company management.

Sole Proprietorships

Regarding acts of sole proprietorships, 5 have been registered. This indicates that some companies have come under the control of a single partner, which may have implications for decision-making and the company's capital structure.

Address Changes

3 acts of address changes have been registered. These changes may be motivated by strategic reasons, such as seeking better locations or optimizing operating costs.

Statutory Modifications

The number of statutory modification acts is 6. Statutory modifications usually reflect adjustments to the company's bylaws to adapt to new regulations or changes in the organizational structure. An example is Pesquería Vasco-Montañesa SA, which has registered a statutory modification.

Capital Increases

3 acts of capital increases have been registered. Capital increases are an indicator of companies' need to obtain more financial resources to fund their expansion projects or improve their solvency. An example of a company with significant share capital is Torre Iberdrola AIE, with a share capital of 142,416,700.00 euros.

Dissolutions

The number of registered dissolution acts is 3. Dissolutions can result from the end of business activity, mergers or acquisitions, or financial problems.

Re-elections

8 acts of re-elections have been registered. Re-elections usually indicate continuity in the company's management, which can be seen as a sign of stability and confidence in the current management team.

Bankruptcy Situations

The number of bankruptcy situation acts is 2. Bankruptcy situations reflect serious financial problems that may lead to the company's restructuring or liquidation. An example is Construcciones Navales del Norte SL, which has registered two bankruptcy situation acts.

Object Changes

1 act of object change has been registered. Changes in the corporate object may indicate a change in business strategy or the company's main line of business.

Denomination Changes

The number of denomination change acts is 3. Denomination changes may be motivated by rebranding, mergers or acquisitions, or changes in ownership structure.

Capital Reductions

No acts of capital reductions have been registered in the analyzed period. Capital reductions are usually less frequent and may be related to the return of contributions to partners or adjustments in the capital structure.

Object Expansions

No acts of object expansions have been registered. Object expansions usually reflect business diversification or entry into new markets.

Sole Proprietorship Changes

1 act of sole proprietorship change has been registered. This type of change may reflect the entry or exit of partners in the company.

Losses of Sole Proprietorship

No acts of losses of sole proprietorship have been registered. Losses of sole proprietorship reflect the transition from a sole proprietorship to a company with multiple partners.

Extinctions

No acts of extinctions have been registered. Extinctions usually reflect the end of business activity and the company's liquidation.

Mergers

No acts of mergers have been registered. Mergers are usually business growth strategies that allow companies to increase their size and competitiveness in the market.

Company Transformations

No acts of company transformations have been registered. Company transformations reflect changes in the company's legal form to adapt to new needs or business strategies.

In conclusion, the analysis of the Bizkaia Commercial Registry data shows a dynamic business activity with a significant number of appointments, constitutions, and re-elections. Although some bankruptcy situation and dissolution acts have been registered, the creation of new companies and capital increases indicate a growing business environment with confidence in the future.