Financial Analysis of the Mercantile Registry of Ourense

Analysis date: June 28, 2024

This financial analysis is based on data obtained from the Mercantile Registry of the province of Ourense. Below, the most relevant facts recorded to date are described, providing a detailed view of mercantile activities in the region.

Mercantile Registry: Ourense

1. Appointments

The number of recorded appointment acts is 3. This indicator reflects activity in terms of assigning new positions within companies. Appointments are essential for the renewal and strengthening of the organizational structure of companies.

2. Constitutions

2 acts of new company constitutions have been recorded. This data is crucial as it indicates the dynamism and growth of the business ecosystem in Ourense. The creation of new companies is a positive sign of the local economy, suggesting a favorable environment for entrepreneurs.

3. Cessations

The registry shows 1 cessation act. Cessations can be interpreted as natural movements within companies, whether due to retirement, strategy change, or internal restructuring.

4. Revocations

1 revocation act has been recorded. Revocations can occur for various reasons, including changes in company management or strategic decisions to improve corporate governance.

5. Sole Proprietorships

No acts of sole proprietorships have been recorded. This may indicate that there have been no changes in the ownership structure of companies towards a single owner.

6. Address Changes

No acts of address changes have been recorded. Stability in the location of companies can be an indicator of a stable and well-established business environment in Ourense.

7. Statutory Modifications

No acts of statutory modifications have been recorded. This suggests that companies have not made significant changes to their statutes during the analyzed period.

8. Capital Increases

2 acts of capital increases have been recorded. Capital increases are a sign that companies are seeking to increase their financial capacity to invest in new projects or expand their operations.

9. Dissolutions

1 dissolution act has been recorded. The dissolution of companies can be an indicator of financial difficulties or strategic decisions to close unprofitable operations.

10. Re-elections

No acts of re-elections have been recorded. Re-elections are usually common in boards of directors to maintain continuity in company management.

11. Bankruptcy Situations

5 acts of bankruptcy situations have been recorded. This is a concerning data point, as it indicates that several companies are facing significant financial difficulties, which could lead to insolvency or bankruptcy processes.

12. Object Changes

No acts of object changes have been recorded. This suggests that companies have not modified the main purpose of their business activities.

13. Name Changes

No acts of name changes have been recorded. Stability in company names can indicate continuity in corporate identity and branding.

14. Capital Reductions

No acts of capital reductions have been recorded. Capital reductions are usually measures to adjust a company's financial structure, but their absence may indicate stability in corporate finances.

15. Object Expansions

No acts of object expansions have been recorded. This indicates that companies have not expanded their business activities into new areas or sectors.

16. Sole Proprietorship Changes

No acts of changes to sole proprietorship have been recorded. This may suggest that there have been no modifications in the ownership structure towards a single person.

17. Losses of Sole Proprietorship

No acts of losses of sole proprietorship have been recorded. This suggests that sole proprietorship companies have not changed their ownership structure.

18. Extinctions

No acts of extinctions have been recorded. The absence of extinctions can be a positive sign that companies are operating sustainably.

19. Mergers

No acts of mergers have been recorded. Mergers are usually strategies to consolidate resources and increase competitiveness, but their absence may indicate stability in the business landscape.

20. Company Transformations

No acts of company transformations have been recorded. This suggests that companies have not changed their legal form during the analyzed period.

In summary, the analysis of data from the Mercantile Registry of Ourense shows moderate business activity with some positive indicators, such as the constitution of new companies and capital increases. However, the presence of bankruptcy situations is an aspect that deserves attention, as it reflects financial challenges for some companies in the region.