MIRA
INFORM REPORT
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Report Date : |
03.11.2008 |
IDENTIFICATION
DETAILS
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Name : |
FRAPACK GMBH |
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Registered Office : |
Exportverpackung + Logistik Katzwanger Str. 150 90461 Nürnberg |
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Country : |
Germany |
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Date of Incorporation : |
08.01.1986 |
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Com. Reg. No.: |
HRB 7265 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture of Corrugated Paper and Paperboard and of Containers
of Paper and Paperboard Forwarding Agency Other Human Resources Provision |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
EUR
142.000,00. |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
FRAPACK GmbH Exportverpackung + Logistik
Katzwanger Str. 150
90461 Nürnberg
Telephone: 0911/45091-0
Telefax: 0911/45091-11
Homepage: www.frapack.de
E-Mail: info@frapack.de
Tax ID number
241/126/82828
CONCLUSION
The maximum credit is EUR
142.000,00.
Business relations are
permissible.
LEGAL FORM
Private limited company
Date of foundation
08.01.1986
Shareholders' agreement
08.01.1986
Registered on
27.02.1986
Commercial Register
Local court 90402 NÜRNBERG
under: HRB
7265
Share capital
EUR 25.564,59
Shareholder
Klaus Frasunkiewicz
Ligusterstr. 7a
90530 Wendelstein
born 15.06.1950
Share: EUR 23.008,13
Shareholder:
Erika Frasunkiewicz
Ligusterstr. 7a
90530 Wendelstein
born: Czeczine
born 09.05.1952
Share: EUR 2.556,46
Manager
Klaus Frasunkiewicz
Ligusterstr. 7a
90530 Wendelstein
having sole power of representation
born 15.06.1950
Occupation: Businessman
Marital status: married
spouse Erika
Frasunkiewicz
née: Czeczine
born on 09.05.1952
Children: 1
Manager:
Rüdiger Granitza
90402 Nürnberg
having sole power of representation
born 27.04.1968
Proxy
Erika Frasunkiewicz
Ligusterstr. 7a
90530 Wendelstein
having sole power of representation
born: Czeczine
born 09.05.1952
Marital status:
married
BUSINESS HISTORY
08.01.1986 FRAPACK GmbH - Seemäßige
Exportverpackung
Ligusterstr. 7a
90530
Wendelstein
Private limited company
10.12.1988 FRAPACK GmbH - Seemäßige
Exportverpackung
Ligusterstr. 7a
90530
Wendelstein
Private limited company
16.11.2004 FRAPACK GmbH Exportverpackung +
Logistik
Ligusterstr. 7a
90530
Wendelstein
Private limited company
BUSINESS ACTIVITIES
17210
Manufacture of corrugated
paper and paperboard and of containers
of paper and paperboard
52291
Forwarding agency
78300
Other human resources
provision
BRANCHES AND FACTORIES
Branch:
FRAPACK GmbH Exportverpackung + Logistik -
Produktion -
Katzwanger Str. 150
90461
Nürnberg
Branch:
FRAPACK GmbH Exportverpackung + Logistik -
Niederlassung-
Frankenstr. 100 Halle W10
90461
Nürnberg
FINANCIAL INFORMATION
Payment experience: within
agreed terms
REAL ESTATE
Type of ownership: Tenant
Address Katzwanger Str. 150
90461 Nürnberg
Land register documents
were not available.
BANKERS
VOLKSBANK RAIFFEISENBANK,
NÜRNBERG, MITTELFR
Sort. code: 76060618,
Account No: 1406 132
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2007 EUR
8.340.000,00
Share capital: EUR 25.564,59
Value of stocks: EUR
80.000,00
Equipment: EUR 250.000,00
Total number of
vehicles:
9
- Special-purpose
vehicles:
3
Employees: 40
Approximate figures are
given.
name & address
FRAPACK GmbH Exportverpackung + Logistik -
Niederlassung-
Frankenstr. 100 Halle W10
90461 Nürnberg
Telephone: 0911/43944230
Homepage: www.frapack.de
E-Mail: info@frapack.de
LEGAL FORM
Legally dependent establishment
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.48.62 |
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UK Pound |
1 |
Rs.76.71 |
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Euro |
1 |
Rs.61.30 |
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%)