MIRA INFORM REPORT

 

 

 

Report Date :

10.12.2008

 

IDENTIFICATION DETAILS

 

Name :

WALTER KRAUS GMBH

 

 

Registered Office :

Aindlinger Str. 13 86167 Augsburg

 

 

Country :

Germany

 

 

Date of Incorporation :

22.08.1955

 

 

Com. Reg. No.:

HRB 7776

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Other Electric Equipment

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

EUR 189.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 


name & address

 

Walter Kraus GmbH

Aindlinger Str. 13

86167 Augsburg

Telephone: 0821/79609-0

Telefax:   0821/79609-26

Homepage:  www.kraus.de

E-Mail:    zentrale@kraus.de

 

 

VAT no.         

 

DE127501049

 

 

CONCLUSION

 

 The maximum credit is EUR 189.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

22.08.1955

 

 

Shareholders' agreement               

 

20.12.1979

 

 

Registered on    

31.01.1980

 

 

Commercial Register

 

Local court 86150 AUGSBURG

under:               HRB 7776

 

 

Share capital                        

 

EUR            500.000,00

 

 

Shareholder

 

Peter Kraus

Rosenstr. 34

86316 Friedberg

born 29.12.1948

Share:             EUR            315.000,00

 

 

Shareholder:

Walter Kraus

Schloßfeldstr. 15

86482 Aystetten

born 12.07.1921

Share:             EUR            135.000,00

 

Shareholder:

Markus Kraus

Rosenstr. 34

86316 Friedberg

born 16.02.1984

Share:             EUR             50.000,00

 

 

Manager

 

Walter Kraus

Schloßfeldstr. 15

86482 Aystetten

having sole power of representation

born 12.07.1921

Occupation: Businessman

Marital status: married

 

Manager:

Peter Kraus

Rosenstr. 34

86316 Friedberg

having sole power of representation

born 29.12.1948

Occupation: Businessman

Marital status: married

 


Proxy

 

Dr. Karl Combos

86863 Langenneufnach

having sole power of representation

born 08.08.1962

 

 

Further functions/participations of Walter Kraus (Manager)

 

Manager:

Kraus Kunststofftechnik GmbH

Messerschmittstr. 12

86836 Untermeitingen

Legal form: Private limited company

Share capital:     EUR            102.258,38

Reg. Data:  10.04.1985

HRB 9093

86150 AUGSBURG

 

 

Further functions/participations of Peter Kraus (Manager)

 

Shareholder:

Kraus Maschinenbau GmbH

Ulmer Str. 76

86356 Neusäß

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:             EUR             12.500,00

Reg. Data:  27.10.2005

HRB 21503

86150 AUGSBURG

Employees:                                15

 

Manager:

Kraus Kunststofftechnik GmbH

Messerschmittstr. 12

86836 Untermeitingen

Legal form: Private limited company

Share capital:     EUR            102.258,38

Reg. Data:  10.04.1985

HRB 9093

86150 AUGSBURG

 

 

 

 

Manager:

Kraus Maschinenbau GmbH

Ulmer Str. 76

86356 Neusäß

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  27.10.2005

HRB 21503

86150 AUGSBURG

 

 

BUSINESS HISTORY

 

 22.08.1955           Walter Kraus

                      Widderstr. 73

                      86167 Augsburg

                      Unregistered commercial enterprise

 31.01.1980           Walter Kraus GmbH

                      Widderstr. 73

                      86167 Augsburg

                      Private limited company

 01.02.1981           Walter Kraus GmbH

                      Aindlinger Str. 13

                      86167 Augsburg

                      Private limited company

 

 

BUSINESS ACTIVITIES

 

 27900

 Manufacture of other electric equipment n.e.c.

 

 

PARTICIPATION

 

Shareholder:

Kraus Kunststofftechnik GmbH

Messerschmittstr. 12

86836 Untermeitingen

Legal form: Private limited company

Share capital:     EUR            102.258,38

Share:                EUR            102.258,38

Reg. Data:  10.04.1985

HRB 9093

86150 AUGSBURG

Turnover:          EUR          3.328.000,00

Employees:                                26

 


Shareholder:

EKR Elektro-Kontakt Radebeul GmbH

Gartenstr. 46

01445 Radebeul

Legal form: Private limited company

Share capital:     EUR             25.564,59

Share:               EUR             25.564,59

Reg. Data:  04.11.1992

HRB 1164

01099 DRESDEN

Turnover:          EUR          3.000.000,00

Employees:                                26

 

 

FINANCIAL INFORMATION

 

Payment experience:  takes advantage of cash discount

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Aindlinger Str. 13

                            86167 Augsburg

 

 Private real estate

 Name                 Walter Kraus

 Type of ownership:   proprietor

 Share:                100,00 %

 Address              Schloßfeldstr. 15

                      86482 Aystetten

 Value at selling price:                 EUR            511.000,00

 

 Land register documents were not available.

 

 

 BANKERS

 

 BAYER HYPO- UND VEREINSBANK, AUGSBURG, BAY

 Sort. code: 72020070

 COMMERZBANK, AUGSBURG, BAY

 Sort. code: 72040046

 AUGUSTA-BANK RAIFFEISEN-VOLKSBANK, AUGSBURG, BAY

 Sort. code: 72090000

 


 

FIGURES

 

 Financial year:      01.01. - 31.12.

 gross profit or loss:2006                        EUR         18.000.000,00

                                    2007                 EUR          9.444.114,00

 Profit:                           2006                 EUR            750.756,00

                                    2007                 EUR            167.447,00

 Share capital:                                       EUR            500.000,00

 Value of stocks:                                                EUR          1.331.155,00

 Equipment:                                           EUR            134.934,00

 Ac/ts receivable:                                               EUR          4.669.986,00

 Liabilities:                                             EUR          2.352.338,00

 Employees:                                                      147

 - Salaried employees:                                          44

 - Workers:                                                        102

 

 Approximate figures are given.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.12

UK Pound

1

Rs.72.59

Euro

1

Rs.63.52

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions