Financial Analysis of the Navarra Commercial Registry

Report date: June 12, 2024

In this financial analysis, we will examine the most relevant facts of the Navarra Commercial Registry, based on various metrics that reflect business activity in the region. The provided data includes information on appointments, incorporations, resignations, revocations, sole proprietorships, address changes, statutory modifications, capital increases, dissolutions, re-elections, bankruptcy situations, object changes, name changes, capital reductions, object extensions, sole proprietorship changes, loss of sole proprietorship, extinctions, mergers, and company transformations.

Navarra Commercial Registry

The Navarra Commercial Registry has recorded a total of 33 appointment acts, 8 incorporations, 10 resignations, 8 revocations, 3 sole proprietorships, 5 address changes, 1 statutory modification, 0 capital increases, 0 dissolutions, 4 re-elections, 7 bankruptcy situations, 1 object change, 1 name change, 1 capital reduction, 0 object extensions, 0 sole proprietorship changes, 0 loss of sole proprietorship, 0 extinctions, 0 mergers, and 0 company transformations.

Appointments

Appointment acts are the most frequent, with a total of 33. This data reflects high activity in the renewal and assignment of managerial positions in Navarra's companies. For example, the company Bodegas Pagos de Araiz SA has recorded one appointment, indicating a possible strategy of renewal in its management team to improve its management and operations.

Incorporations

The number of incorporations is 8, showing moderate interest in creating new companies in the region. The incorporation of new companies is a positive indicator of economic growth and the confidence of entrepreneurs in the local market.

Resignations and Revocations

There have been 10 resignations and 8 revocations, which may indicate internal restructuring in several companies. These changes can be due to various reasons, such as strategic adjustments, changes in management, or the departure of key personnel.

Sole Proprietorships

The registry shows 3 acts of sole proprietorships, suggesting that some companies have opted for a more simplified structure with a single partner. This type of structure can facilitate decision-making and company management.

Address Changes

There have been 5 address changes, which could reflect a search for better locations to operate or an expansion to new areas. These changes can be strategic to improve the accessibility and visibility of companies.

Statutory Modifications

Only one statutory modification has been recorded, indicating stability in the statutes of most companies. Statutory modifications are usually made to adapt the company to new regulations or changes in its internal structure.

Capital Increases

No capital increases have been recorded, which could indicate stability in the financing of existing companies. However, the company Tigruti ITG SL, with a share capital of 63,388,488.00 euros, demonstrates a solid financial base that could allow for future investments and expansions.

Dissolutions

No dissolutions have been recorded, which is a positive indicator of business stability in the region. The absence of dissolutions suggests that companies are managing to remain operational and solvent.

Re-elections

There have been 4 re-elections, indicating continuity in the management of some companies. The company Promociones OCEC SA has recorded one re-election, which could reflect confidence in its current management team.

Bankruptcy Situations

The registry shows 7 bankruptcy situations, which may be an indicator of financial difficulties for some companies. These situations require careful management to attempt recovery and avoid liquidation.

Object and Name Changes

One object change and one name change have been recorded, suggesting that some companies are redefining their purpose and brand to better adapt to the market. These changes can be part of a rebranding or activity diversification strategy.

Capital Reductions

One capital reduction has been recorded, which could indicate financial restructuring to optimize company resources. Capital reductions can be a measure to adjust the capital structure to the company's current needs.

Other Acts

No object extensions, sole proprietorship changes, loss of sole proprietorship, extinctions, mergers, or company transformations have been recorded. This suggests relative stability in these areas, without major structural changes in the region's companies.

Conclusion

In summary, the Navarra Commercial Registry shows moderate business activity with a high frequency of appointments and stability in other aspects such as dissolutions and capital increases. Companies are making internal adjustments, such as resignations and revocations, and some are opting for strategic changes in their object and name. The stability in dissolutions and the absence of major structural changes reflect confidence in the market and an ability to adapt to current conditions.

This analysis provides an overview of business activity in Navarra, highlighting areas of high movement and stability. The mentioned companies, such as Bodegas Pagos de Araiz SA and Tigruti ITG SL, exemplify some of the trends observed in the registry.