Financial Analysis of the Province of GIPUZKOA

Date: June 13, 2024

Summary of Registry Activities

In the province of GIPUZKOA, a series of business activities have been registered that reflect the dynamics of the business fabric in this region. Below is a detailed analysis of the most relevant facts.

Appointments and Resignations

The number of registered appointments amounts to 85, indicating significant activity in the management and direction of companies. This data is crucial as appointments are often associated with the expansion or restructuring of companies. In contrast, 38 resignations have been registered, which may indicate strategic changes or adjustments in administration.

Constitutions and Dissolutions

21 new companies have been constituted, demonstrating growth in entrepreneurship and the creation of new business opportunities in GIPUZKOA. However, 10 dissolutions have also been registered, which could reflect economic challenges or strategic closure decisions.

Revocations and Re-elections

The number of revocations is 15, while re-elections total 13. Revocations may be related to changes in confidence or business strategy, while re-elections reflect continuity in management and confidence in current administrators.

Sole Proprietorships and Address Changes

8 acts of sole proprietorship have been registered, indicating the existence of companies with a single partner. In addition, 7 address changes have been made, which may be associated with the search for better operational or strategic conditions.

Capital Increases and Reductions

The registered capital increases are 8, suggesting that some companies are in the process of expansion and require more financial resources. On the other hand, 4 capital reductions have been registered, which could indicate financial adjustments or restructurings.

Bankruptcy Situations

The number of bankruptcy situations is 8, reflecting financial difficulties in some companies. This data is important to understand the financial health of the business fabric in the province.

Other Registry Acts

3 changes in corporate purpose and 1 name change have been registered, indicating adjustments in the mission and vision of some companies. Additionally, 1 expansion of corporate purpose and 1 change to sole proprietorship have been registered.

Highlighted Companies

Among the highlighted companies in this analysis are:

• GRUPIR SA: With a share capital of 195,000,000.00 euros, this company reflects a solid financial structure. Although no appointments or constitutions have been registered, one resignation has been recorded.
• CONSTRUCCIONES MURIAS SA: Constituted on March 1, 1973, with a share capital of 418,000,000.00 euros, this company has registered 3 bankruptcy situations, reflecting significant financial challenges.
• ELKARGI SOCIEDAD DE GARANTIA RECIPROCA: With a share capital of 51,805,354.00 euros, this company has registered 1 re-election, indicating continuity in its management.
• LABORATORIOS URGO SL: Constituted on March 25, 2003, with a share capital of 24,950,799.00 euros, it has registered 1 revocation.

Conclusion

The analysis of registry activities in GIPUZKOA reveals a dynamic panorama with a mix of growth and challenges. The creation of new companies and capital increases are positive signs of expansion and market confidence. However, bankruptcy situations and dissolutions reflect that there are also obstacles that companies must overcome. It is crucial that companies in GIPUZKOA continue to adapt to market conditions and seek innovative strategies to maintain their competitiveness and long-term sustainability.