MIRA
INFORM REPORT
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Report Date : |
21.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
IBC Solar
AG |
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Registered Office : |
Am Hochgericht
10, 96231 Bad Staffelstein, Post Box 1107 |
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Country : |
Germany |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
25.08.2000 |
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Com. Reg. No.: |
HRB 3261 |
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Legal Form : |
Public Limited
Company |
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Line of Business : |
Production
of thermal power excl. purchases from other suppliers for distribution Technical
and Economic Consultancy |
RATING &
COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
IBC Solar AG
Am Hochgericht 10
96231 Bad Staffelstein
Post Box: 1107
Telephone: 09573/9224-0
Telefax: 09573/9224-111
Homepage: www.ibc-solar.de
E-Mail: info@ibc-solar.de
VAT no.
DE813077724
Tax ID number
230/169/00001
CONCLUSION
Business relations are permissible.
The company is considered solvent for credits within its scope of
business.
LEGAL FORM
Public limited company
Date of foundation
25.08.2000
Registered on
01.12.2000
Commercial Register
Local court 96450 COBURG
Under
HRB 3261
Share capital
EUR 5.000.000,00
President of the Board of Directors
Udo Möhrstedt
Hirtengasse 9a
96231 Bad Staffelstein
having sole power of representation
born 27.05.1940
Occupation: Engineer
Marital status: married
spouse Gertrud
Moll-Möhrstedt
née: Moll
born on 29.05.1947
President of the Supervisory Board
Gertrud Moll-Möhrstedt
Hirtengasse 9a
96231 Bad Staffelstein
born: Moll
born 29.05.1947
Occupation: Fully qualified merchant
Marital status: married
Member of the Supervisory Board
Rolf-Heinrich Wedemeier
Herderstr. 9
30625 Hannover
born 15.11.1950
Occupation: Fully qualified merchant
Marital status: married
Proxy
Rudolf Sebald
96182 Reckendorf
having sole power of representation
born 20.07.1959
Proxy
Karin Friedrich
96215 Lichtenfels
having sole power of representation
born 06.11.1964
Proxy
Norbert Hahn
96482 Ahorn
having sole power of representation
born 08.02.1957
Proxy
Christian Lieberth
96175 Pettstadt
having sole power of representation
born 21.01.1964
Proxy
Walter Steck
96047 Bamberg
having sole power of representation
born 22.10.1951
Further functions/participations of Udo
Möhrstedt (President of the Board of
Directors)
Limited Partner:
Möhrstedt Grundstücks- verwaltung AG & Co. KG
Am Hochgericht 10
96231 Bad Staffelstein
Legal form: Limited partnership with public limited company as
gen. part
Total cap. contribution: EUR
10.225,84
Share:
EUR 10.225,84
Reg. Data: 01.12.2000
HRA 3833
96450 COBURG
Shareholder:
Sun Value GmbH
Am Hochgericht 10
96231 Bad Staffelstein
Legal form: Private limited company
Share capital: EUR 500.000,00
Share:
EUR 380.000,00
Reg. Data: 23.05.2006
HRB 4134
96450 COBURG
Shareholder:
Solar Verlag GmbH
Wilhelmstr. 34
52070 Aachen
Legal form: Private limited company
Share capital: EUR 61.355,03
Share: EUR 1.278,23
Reg. Data: 01.03.1996
HRB 6505
52070 AACHEN
Manager:
Sun Value GmbH
Am Hochgericht 10
96231 Bad Staffelstein
Legal form: Private limited company
Share capital: EUR 500.000,00
Reg. Data: 23.05.2006
HRB 4134
96450 COBURG
Shareholder:
SOLARWATT AG
Maria-Reiche-Str. 8
01109 Dresden
Legal form: Public limited company
Share capital: EUR 7.000.000,00
Reg. Data: 11.10.2005
HRB 24009
01099 DRESDEN
Turnover: EUR 100.000.000,00
Employees: 320
BUSINESS ACTIVITIES
40114
Production of thermal power excl. purchases from other suppliers
for distribution
74208
TECHNICAL AND ECONOMIC CONSULTANCY
93053
OTHER PERSONAL SERVICE ACTIVITIES, N.E.C.
PARTICIPATION
General Partner:
Möhrstedt Grundstücks- verwaltung AG & Co. KG
Am Hochgericht 10
96231 Bad Staffelstein
Legal form: Limited partnership with public limited company as
gen. part
Total cap. contribution: EUR
10.225,84
Reg. Data: 01.12.2000
HRA 3833
96450 COBURG
Limited Partner:
Akkumulatorenfabrik Moll GmbH & Co. KG
Angerstr. 50
Post Box: 1120
96231 Bad Staffelstein
Legal form: Ltd partnership with priv. ltd. Company as General
partner
Total cap. contribution: EUR
750.000,00
Share: EUR 540.000,00
Reg. Data: 09.07.1949
HRA 1118
96450 COBURG
Turnover: EUR 33.260.000,00
Employees: 209
Shareholder:
FEG - Elektronik Fertigungs- und
Entwicklungs GmbH
Franz-Mehring-Str. 18
99610 Sömmerda
Legal form: Private limited company
Share capital: EUR 500.000,00
Share:
EUR 450.000,00
Reg. Data: 04.05.1992
HRB 104028
07745 JENA
Turnover: EUR 2.300.000,00
Employees: 9
Shareholder:
IBC Solarstrom Verwaltungs GmbH
Am Hochgericht 10
96231 Bad Staffelstein
Legal form: Private limited company
Share capital: EUR 25.000,00
Share: EUR 25.000,00
Reg. Data: 25.03.2003
HRB 3675
96450 COBURG
FINANCIAL INFORMATION
Payment experience: within
agreed terms
REAL ESTATE
Type of ownership: Tenant
Address Am Hochgericht 10
96231 Bad Staffelstein
Land register documents were not available.
BANKERS
DEUTSCHE BANK, BAMBERG
Sort. code: 76070012, Account No: 8068017
POSTBANK, NÜRNBERG, MITTELFR
Sort. code: 76010085, Account No: 98600851
SEB MERCHANT BANK HAMBURG, HAMBURG
Sort. code: 20020200, Account No: 37024004
UMWELTBANK, NÜRNBERG, MITTELFR
Sort. code: 76035000, Account No: 197971
SPARKASSE COBURG-LICHTENFELS, BAD STAFFELSTEIN
Sort. code: 78350000, Account No: 92534940
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2006 EUR
400.000.000,00
Share capital: EUR 5.000.000,00
Employees: 150
Approximate figures are given.
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)