Financial Analysis of the Commercial Registry of Navarra

Report date: July 17, 2024

This financial analysis focuses on the most relevant facts recorded in the Commercial Registry of Navarra. Below, the different acts are described and reference is made to some of the most prominent companies in the region.

Appointments

The number of recorded appointment acts is 50. This high number indicates an active business dynamic in terms of management and direction. A notable example is GRUPO BASAON SL, which has recorded an appointment. This company, established in 2003, has a share capital of 279,097.00 euros and is dedicated to the purchase and sale of plots, land, and properties.

Constitutions

10 constitution acts have been recorded, reflecting moderate growth in the creation of new companies. This is encouraging data, as it indicates confidence in the business environment of Navarra.

Resignations

The number of resignations is 25, which could be interpreted as a restructuring in several companies. For example, BAÑOS DE FITERO SA, established in 1909 with a share capital of 757,275.00 euros, has recorded a resignation.

Revocations

No revocation acts have been recorded, suggesting stability in business decisions and confidence in the appointments made.

Sole Proprietorships

7 sole proprietorship acts have been recorded. This type of act reflects a trend towards simplification in the ownership structure of some companies.

Address Changes

6 address changes have been recorded. This relatively low number suggests that most companies in Navarra maintain a stable location. However, these changes may be motivated by the search for better operational or logistical conditions.

Statutory Modifications

Only 1 statutory modification act has been recorded. This indicates that most companies maintain their original statutes, which may be a sign of stability in their operations and objectives.

Capital Increases

2 capital increase acts have been recorded, suggesting that some companies are in an expansion phase. This is a positive sign for the local economy, as it implies additional investments and potential growth.

Dissolutions

The number of dissolutions is 2. Although this number is low, each dissolution represents a loss for the business fabric of the region. However, the low number can also be interpreted as a sign of general stability.

Re-elections

4 re-election acts have been recorded. This act indicates continuity in the management of some companies, which can be a sign of confidence in the current management.

Bankruptcy Situations

3 bankruptcy situation acts have been recorded. This data is concerning, as it reflects financial difficulties in some companies. However, the number is not alarming compared to the total number of registered companies.

Object Changes

No object change acts have been recorded, suggesting that companies maintain their original activities without the need for diversification or change of course.

Denomination Changes

2 denomination change acts have been recorded. These changes may be due to rebranding or adaptation to new markets and business strategies.

Capital Reductions

No capital reduction acts have been recorded. This is a positive sign, as it indicates that companies have not needed to decrease their share capital, which could be an indicator of good financial health.

Object Increases

No object increase acts have been recorded. This suggests that companies are focused on their main activities without the need for diversification.

Sole Proprietorship Changes

2 sole proprietorship change acts have been recorded. This type of act reflects adjustments in the ownership structure of some companies.

Losses of Sole Proprietorship

No losses of sole proprietorship acts have been recorded. This indicates that sole proprietorship companies maintain their structure without the need to incorporate new partners.

Extinctions

No extinction acts have been recorded, which is a positive sign that there have been no definitive closures of companies in the analyzed period.

Mergers

No merger acts have been recorded. Although mergers can be a sign of consolidation and strengthening, their absence suggests that companies prefer to operate independently.

Company Transformations

No company transformation acts have been recorded. This indicates that companies maintain their original legal form without the need to change their structure.

Conclusion

In summary, the Commercial Registry of Navarra reflects relatively stable business activity with some signs of growth and expansion. Although there are some acts of resignations and bankruptcy situations, the number of appointments, constitutions, and capital increases is encouraging. Companies such as FERRETERIA IRIGARAY SL, with a share capital of 1,202,024.00 euros, and INDUSTRIAS LOTU SA, with a share capital of 841,417.00 euros, are examples of the diversity and strength of the business fabric in the region.