MIRA INFORM REPORT
|
Report Date : |
09.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
ALBANI GROUP GMBH & CO. KG |
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|
|
|
Registered Office : |
Steinerne Furt
44, D 86167 |
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Country : |
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|
|
|
Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
04.12.1950 |
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|
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Com. Reg. No.: |
HRA 8719 |
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|
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Legal Form : |
Ltd partnership with priv. ltd. company
as general partner |
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|
|
Line of Business : |
Manufacture of made-up textiles |
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 : |
154.000 EUR |
|
Status : |
Satisfactory |
|
Payment
Behaviour : |
Regular |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
|
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company
name & address
Albani Group GmbH & Co. KG
Main address:
Steinerne Furt 44
D 86167
Telephone: 0821/70017-01
Telefax: 0821/70017-17
Homepage: www.albani-group.com
E-mail: service@albani-group.com
VAT
no.
DE127458760
Synthesis
LEGAL FORM Ltd partnership with priv. ltd. company as
general partner
Date of foundation: 01.01.1950
Registered on: 04.12.1950
Register of
companies: Local court 86150
under: HRA 8719
Total cap. contribution:
EUR 2.556.459,41
Limited partner
Rolf Albani
Römerweg 24
D 86199
born: 30.10.1937
Share: EUR 2.556.459,41
General partner
Albani
Verwaltungsgesellschaftmit
beschränkter
Haftung
Steinerne Furt 44
D 86167
Legal form:
Private limited company
Share
capital: EUR 25.564,59
Registered on:
27.01.1978
Reg. data: 86150
Shareholder
Rolf Albani
Römerweg 24
D 86199
born: 30.10.1937
Share: EUR 25.053,30
Shareholder:
Doris Albani
Römerweg 24
D 86199
née: Krämer
Share: EUR 511,29
Manager
Rolf Albani
Römerweg 24
D 86199
having sole power
of representation
born: 30.10.1937
Profession:
graduate engineer
Marital status:
married
Manager:
Werner A. Sinz
Bergstr. 15
D 88138
Weißensberg
authorized to
jointly represent the company
born: 06.02.1959
Manager:
Alexander Albani
Römerweg 60
D 86199
having sole power
of representation
born: 11.02.1970
Marital status:
married
COMPANY HISTORY
04.12.1950 - 27.01.1978 Carl Albani,
Gardinenfabrik
D 86150
Sole
proprietorship
27.01.1978 - 03.09.2003 Carl
Albani, Gardinenfabrik, GmbH & Co.
Steinerne
Furt 44
D 86167
Ltd
partnership with priv. ltd. company
as
general partner
03.09.2003 - 2003 Carl
Albani Gardinenfabrik GmbH & Co. KG
Steinerne
Furt 44
D 86167
Ltd
partnership with priv. ltd. company
as
general partner
25.08.2005 - 01.09.2005 Carl
Albani Gardinenfabrik GmbH & Co. KG
Steinerne
Furt 44
D 86167
Ltd
partnership with priv. ltd. company
as
general partner
01.09.2005 - 2005 Albani
Group GmbH & Co. KG Steinerne Fur
44
D 86167
Ltd
partnership with priv. ltd. company
as
general partner
BUSINESS
ACTIVITIES
Sectors
13920 Manufacture of made-up
textiles (except apparel)
46410 Wholesale of textiles
BRANCHES
AND FACTORIES
Branch:
Albani Group GmbH
& Co. KG
Leuchtsmühlenweg
15
D 08523
PARTICIPATIONS
Shareholder:
Albani
International GmbH
Steinerne
Furt 44
D 86167
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 150.000,00
Share: EUR 150.000,00
Reg.
data: 12.08.1997
Local court 86150
Augsburg
HRB 15846
Shareholder:
Plauener
Gardine Verwaltungs GmbH
Leuchtsmühlenweg 15
D 08523
Legal form: Private limited company
Company
Status: active
Share
capital: EUR 25.564,59
Share: EUR 25.564,59
Reg.
data: 18.04.1996
Local court 09130 Chemnitz
HRB 12836
FINANCIAL
INFORMATION
Payment experience: within
agreed terms
Negative information: We have no
negative information at hand.
Maximum credit: 154.000
EUR
Balance sheet year: 2009
REAL
ESTATE
Type of ownership: unknown
Address Steinerne
Furt 44
D 86167
Land register documents were not available.
BANKERS
Principal bank
KREISSPARKASSE
Sort. code: 72050101, BIC: BYLADEM1AUG
Further banks
DEUTSCHE BANK,
Sort. code: 72070001, BIC: DEUTDEMM720
POSTBANK (GIRO), MÜNCHEN
Sort. code: 70010080, BIC: PBNKDEFF700
AUGUSTA-BANK RAIFFEISEN-VOLKSBANK,
Sort. code: 72090000, BIC: GENODEF1AUB
FINANCIAL
FIGURES
Gross
profit or loss:2009
EUR 10.251.150,00
Profit: 2009 EUR -980.881,00
Total
numbers of vehicles: 50
-
Lorries:
2
-
Passenger cars:
48
Employees:
130
BALANCE
SHEETS
Balance
sheet ratios 2009
Equity
ratio [%]: 39,52
Liquidity
ratio: 0,49
Return
on total capital [%]: -6,63
Balance
sheet ratios 2008
Equity
ratio [%]: 43,49
Liquidity
ratio: 0,57
Return
on total capital [%]: -7,61
Balance
sheet ratios 2007
Equity
ratio [%]: 44,99
Liquidity
ratio: 0,50
Return
on total capital [%]: -12,50
Equity ratio
The equity ratio indicates the portion of the equity as compared to the
total capital. The higher the equity ratio, the better the economic stability
(solvency) and thus the financial autonomy of a company.
Liquidity ratio
The liquidity ratio shows the proportion between adjusted receivables
and net liabilities. The higher the ratio, the lower the company's financial
dependancy from external creditors.
Return on total capital
The return on total capital shows the efficiency and return on the total
capital employed in the company. The higher the return on total capital, the more
economically does the company work with the invested capital.
Type
of balance
sheet: Company balance sheet
Financial
year: 01.01.2009 - 31.12.2009
ASSETS EUR 14.882.674,46
Fixed assets
EUR 1.158.395,93
Intangible assets EUR 154.275,00
Concessions, licences, rights EUR 137.804,00
Other / unspecified intangible
assetsEUR 16.471,00
Tangible assets EUR 262.988,27
Plant / machinery EUR 75.434,27
Other tangible assets / fixtures and
fittings EUR 187.554,00
Financial assets EUR 741.132,66
Shares in participations /
subsidiaries and the like EUR 741.132,66
Shares in related companies EUR 741.132,66
Current assets EUR 13.642.891,39
Stocks EUR 9.660.485,80
Raw materials, consumables and
supplies EUR 1.407.586,17
Finished goods / work in progress EUR
7.408.386,04
Advance payments made EUR 844.513,59
Accounts receivable EUR 3.853.032,61
Trade debtors EUR 1.712.155,56
Amounts due from related companies EUR 857.029,61
Other debtors and assets EUR 1.283.847,44
Liquid means EUR 129.372,98
Remaining other assets EUR 81.387,14
Accruals (assets) EUR 81.387,14
LIABILITIES EUR 14.882.674,46
Shareholders' equity EUR 1.789.027,13
Capital EUR 1.789.027,13
Limited partner's capital / capital
of partially liable partner (LP) EUR 1.789.027,13
Provisions EUR 1.012.350,00
Pension provisions and comparable
provisions EUR 234.900,00
Other / unspecified provisions EUR 777.450,00
Liabilities EUR 12.081.297,33
Financial debts EUR 1.462.020,35
Liabilities due to banks EUR 1.462.020,35
Other liabilities EUR 10.619.276,98
Trade creditors (for IAS incl. bills
of exchange) EUR 3.861.879,89
Liabilities due to shareholders EUR 4.139.589,55
Liabililties due to related
companiesEUR 1.336.109,80
Liabilities due to affiliated
companies / persons / organs EUR 130.142,72
Unspecified other liabilities EUR 1.151.555,02
thereof liabilities from tax /
financial authorities EUR 106.076,26
Guarantees and other commitments EUR 50.000,00
Sureties / lendings of
creditworthiness EUR 50.000,00
Profit and loss
account (cost-summary method) according to Comm.
Code (HGB)
Gross result (+/-) EUR 10.251.150,23
Staff expenses EUR 4.547.316,35
Wages and salaries EUR 3.767.281,50
Social security contributions and
expenses for pension plans and
benefits EUR 780.034,85
Total depreciation EUR 128.287,42
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 128.287,42
Other operating expenses EUR 5.922.221,18
Operating result from continuing
operations EUR -346.674,72
Result from participating interests
(+/-)
EUR 10.979,99
Expenses / income from participations
EUR 10.979,99
Income from transfer of profits EUR 10.979,99
Interest result (+/-) EUR -606.021,41
Interest and similar income EUR 2.142,01
Interest and similar expenses EUR 608.163,42
thereof paid to related companies EUR 43.730,45
Other financial result EUR 6.773,65
Income from securities and loans from
financial assets EUR 6.773,65
thereof related companies EUR 6.773,65
Financial result (+/-) EUR -588.267,77
Result from ordinary operations (+/-) EUR
-934.942,49
Other taxes / refund of taxes EUR -45.938,04
Tax (+/-) EUR -45.938,04
Annual surplus / annual deficit EUR -980.880,53
Type of balance
sheet: Company balance sheet
Financial
year: 01.01.2008 - 31.12.2008
ASSETS EUR 15.928.158,24
Fixed assets EUR 1.286.675,28
Intangible assets EUR 35.758,00
Concessions, licences, rights EUR 15.878,00
Customer base EUR 19.880,00
Tangible assets EUR 340.443,27
Plant
/ machinery EUR 117.767,27
Other tangible assets / fixtures and
fittings EUR 222.676,00
Financial assets EUR 910.474,01
Shares in participations /
subsidiaries and the like EUR 741.132,66
Shares in related companies EUR 741.132,66
Loans to participations /
subsidiaries and the like EUR 169.341,35
Loans to related companies EUR 169.341,35
Current assets EUR 14.515.654,92
Stocks EUR 10.020.004,47
Raw materials, consumables and
supplies EUR 1.433.793,82
Finished goods / work in progress EUR
8.150.130,67
Advance payments made EUR 436.079,98
Accounts receivable EUR 4.339.695,93
Trade debtors EUR 1.397.084,66
Amounts due from related companies EUR 972.628,73
Other debtors and assets EUR 1.969.982,54
Liquid means EUR 155.954,52
Remaining other assets EUR 125.828,04
Accruals (assets) EUR 125.828,04
LIABILITIES EUR 15.928.158,24
Shareholders' equity EUR 2.769.907,66
Capital EUR 2.769.907,66
Provisions EUR 1.212.610,00
Pension provisions and comparable
provisions EUR 242.300,00
Other / unspecified provisions EUR 970.310,00
Liabilities EUR 11.945.640,58
Financial debts EUR 1.644.903,80
Liabilities due to banks EUR 1.644.903,80
Other liabilities EUR 10.300.736,78
Trade creditors (for IAS incl. bills
of exchange) EUR 3.560.706,91
Liabilities due to shareholders EUR 4.167.458,97
Liabililties due to related
companiesEUR 1.559.265,89
Liabilities due to affiliated
companies / persons / organs EUR 122.292,34
Unspecified other liabilities EUR 891.012,67
thereof liabilities from tax /
financial authorities EUR 126.463,14
Profit and loss
account (cost-summary method) according to Comm.
Code (HGB)
Gross result (+/-) EUR 11.027.366,72
Staff expenses EUR 4.927.462,18
Wages and salaries EUR 4.118.632,61
Social security contributions and
expenses for pension plans and
benefits EUR 808.829,57
Total depreciation EUR 123.024,72
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 123.024,72
Other operating expenses EUR 6.456.576,71
Operating result from continuing
operations EUR -479.696,89
Interest result (+/-) EUR -707.537,93
Interest and similar income EUR 9.169,92
thereof from related companies EUR 6.262,62
Interest and similar expenses EUR 716.707,85
thereof paid to related companies EUR 91.232,59
Other financial result EUR 17.446,36
Income from securities and loans from
financial assets EUR 17.446,36
Financial result (+/-) EUR -690.091,57
Result from ordinary operations (+/-) EUR
-1.169.788,46
Income tax / refund of income tax
(+/-)EUR -294,93
Other taxes / refund of taxes EUR -40.397,87
Tax (+/-) EUR -40.692,80
Annual surplus / annual deficit EUR -1.210.481,26
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.04 |
|
|
1 |
Rs.72.20 |
|
Euro |
1 |
Rs.63.40 |
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 |
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 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.