MIRA INFORM
REPORT
|
Report Date : |
13.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
FERDINAND BILSTEIN GMBH + |
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|
Registered Office : |
Wilhelmstr. 46,
D 58256 Ennepetal |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
10.12.1937 |
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Com. Reg. No.: |
HRA 4219 |
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Legal Form : |
Ltd partnership with priv. ltd. company as
general partner |
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Line of Business : |
Forging, pressing, stamping and roll-forming
of metal; powder metallurgy |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
250.000 EUR |
|
Status : |
Good |
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Payment
Behaviour : |
Regular |
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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 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Company
name & address
Ferdinand Bilstein GmbH +
Main address:
Wilhelmstr. 46
D 58256 Ennepetal
Telephone: 02333/9110
Telefax: 02333/911444
Homepage: www.febi.de
E-mail: info@febi.com
VAT
no.
DE126455508
Synthesis
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 1844
Registered on: 10.12.1937
Register of
companies: Local
court 58097
under: HRA
4219
Total cap. contribution: EUR
9.100.000,00
Limited partner
Dieter Siekermann
Wilhelmstr. 38
D 58256 Ennepetal
born: 26.04.1945
Share: EUR 3.500.000,00
Limited partner:
Dr. Bernd Crone
D 58256 Ennepetal
Share: EUR 2.800.000,00
Limited partner:
Hanns Martin
Bachmann
B Brüssel
Share: EUR 1.400.000,00
Limited partner:
Paul Rüdiger
Bachmann
Leopoldstr. 46
D 96450
Share: EUR 1.400.000,00
General partner
Febi
Verwaltungs-GmbH
Wilhelmstr. 46
D 58256 Ennepetal
Legal form:
Private limited company
Share
capital: EUR 25.000,00
Registered on:
20.08.2001
Reg. data: 58097
Hagen, HRB 6604
Shareholder
Ferdinand Bilstein
GmbH +
Wilhelmstr. 46
D 58256 Ennepetal
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 9.100.000,00
contribution:
Share: EUR 25.000,00
Registered on:
10.12.1937
Reg. data: 58097
Hagen, HRA 4219
Manager
Karsten
Schüßler-Bilstein
D 58256 Ennepetal
having sole power
of representation
born: 05.02.1971
Profession:
Businessman
Manager:
Jan Siekermann
D 50667 Köln
having sole power
of representation
born: 01.04.1979
Proxy
Hans-Ulrich Heuser
D 58285 Gevelsberg
Proxy:
Ulrich Wiedemuth
D 58256 Ennepetal
Proxy:
Frank Böcker
Kirschweiler
Brücke 16
D 55743
Kirschweiler
authorized to
jointly represent the company
born: 22.02.1964
Marital status:
married
Proxy:
Andreas Tschacher
Strundener Str. 73
D 51069 Köln
authorized to
jointly represent the company
born: 29.05.1966
Proxy:
Stefan Barth
Birkenweg 7
D 59199 Bönen
authorized to jointly
represent the company
born: 21.03.1969
Profession:
Businessman
Proxy:
Jörg Hübner
D 58706
authorized to
jointly represent the company
born: 18.08.1965
COMPANY
HISTORY
10.12.1937 - 01.12.1968 Ferdinand Bilstein jr.
Wilhelmstr. 46
D 58256 Ennepetal
Limited partnership
02.12.1968 - 20.01.1983 Ferdinand Bilstein jr. KG.
Wilhelmstr. 46
D 58256 Ennepetal
Limited partnership
21.01.1983 - 14.03.1995 Ferdinand Bilstein jur. GmbH +
Wilhelmstr. 46
D 58256 Ennepetal
Ltd partnership with
priv. ltd. company
as general partner
12.02.1996 - 31.10.2001 Ferdinand Bilstein jr. GmbH +
Wilhelmstr. 46
D 58256 Ennepetal
Ltd partnership with
priv. ltd. company
as general partner
BUSINESS
ACTIVITIES
Sectors
2550
Forging, pressing, stamping and roll-forming of metal; powder metallurgy
BRANCHES
AND FACTORIES
Works:
Ferdinand Bielstein GmbH
& Co. KG - Lager -
Am Kiesberg 4
D 42117
TEL.: 0202/2428-0
PARTICIPATIONS
Shareholder:
Febi Verwaltungs-GmbH
Wilhelmstr. 46
D 58256 Ennepetal
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25.000,00
Share: EUR 25.000,00
Reg. data: 20.08.2001
Local court
58097
HRB 6604
FINANCIAL
INFORMATION
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Maximum credit: 250.000
EUR
Balance sheet year: 2009
REAL
ESTATE
Type of ownership: Tenant
Address Wilhelmstr.
46
D 58256 Ennepetal
Real Estate of:: Febi
Verwaltungs-GmbH
Type of ownership: Tenant
Address
Wilhelmstr. 46
D 58256 Ennepetal
Land register documents were not available.
BANKERS
Principal banks
DEUTSCHE BANK, HAGEN, WESTF
Sort. code: 45070002, BIC: DEUTDEDW450
COMMERZBANK, HAGEN, WESTF
Sort. code: 45040042, BIC: COBADEFF450
Further bank
SPARKASSE ENNEPETAL-BRECKERFELD, ENNEPETAL
Sort. code: 45451060, BIC: WELADED1ENE
FINANCIAL
FIGURES
Turnover:
2009 EUR 228.058.613,00
Profit:
2009 EUR 19.982.166,00
Total numbers of vehicles: 11
- Lorries:
1
- Passenger cars:
10
Employees: 605
- thereof permanent staff: 576
- Trainees:
29
BALANCE
SHEETS
Balance sheet ratios 2009
Equity ratio [%]: 63,77
Liquidity ratio: 10,00
Return on total capital [%]: 15,52
Balance sheet ratios 2008
Equity ratio [%]: 28,42
Liquidity ratio: 0,91
Return on total capital [%]: 14,52
Balance sheet ratios 2007
Equity ratio [%]: 21,58
Liquidity ratio: 0,85
Return on total capital [%]: 16,96
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 128.775.209,28
Fixed
assets EUR 140.807,45
Intangible
assets EUR 109.334,00
Other /
unspecified intangible assetsEUR
109.334,00
Financial
assets EUR 31.473,45
Other /
unspecified financial assets EUR
31.473,45
Current assets EUR 128.484.229,75
Stocks EUR 35.386.184,70
Raw
materials, consumables and
supplies
EUR 349.780,67
Finished
goods / work in progress EUR 35.036.404,03
Accounts
receivable EUR 45.708.683,36
Trade
debtors EUR 41.966.121,32
Other
debtors and assets EUR 3.742.562,04
Investments
in current assets EUR 14.226.451,29
Liquid
means EUR 33.162.910,40
Remaining
other assets EUR 150.172,08
Accruals
(assets) EUR 150.172,08
LIABILITIES
EUR 128.775.209,28
Shareholders'
equity EUR 26.472.309,99
Capital EUR 14.000.000,00
Reserves
EUR 12.472.309,99
Items between
shareholders' equity and
debt
capital
EUR 25.000,00
Balancing
items for capitalised own
shares in
cos. acting as general
partners
EUR 25.000,00
Provisions EUR 15.232.280,00
Pension
provisions and comparable
provisions
EUR 445.381,00
Provisions
for taxes EUR 1.027.000,00
Other /
unspecified provisions EUR 13.759.899,00
Liabilities EUR 87.045.619,29
Financial
debts EUR 14.336.137,28
Liabilities
due to banks EUR 14.336.137,28
Other
liabilities EUR 72.709.482,01
Trade
creditors (for IAS incl. bills
of
exchange)
EUR 8.524.345,94
Liabilities
due to shareholders EUR 55.671.064,65
Unspecified
other liabilities EUR 8.514.071,42
thereof
liabilities from tax /
financial
authorities EUR 392.081,23
thereof
liabilities from social
security
EUR 4.541,02
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 228.058.612,91
Inventory
change + own costs (+/-) EUR -120.401,78
Inventory
change (+/-) EUR -120.401,78
Other operating
income EUR 2.607.677,42
Cost of
materials EUR 140.384.756,87
Raw
materials and supplies, purchased
goods EUR 139.568.046,38
Purchased
services EUR 816.710,49
Gross result
(+/-) EUR 90.161.131,68
Staff
expenses EUR 27.943.796,84
Wages and
salaries EUR 24.186.893,75
Social
security contributions and
expenses for
pension plans and
benefits
EUR 3.756.903,09
Total
depreciation EUR 30.667,00
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 30.667,00
Other
operating expenses EUR 38.092.159,40
Operating
result from continuing
operations EUR 24.094.508,44
Interest
result (+/-) EUR 110.794,14
Interest and
similar income EUR 275.416,17
Interest and
similar expenses EUR 164.622,03
Other
financial result EUR -13.072,25
Depreciation
on financial assets and
marketable
securities EUR 13.072,25
Financial
result (+/-) EUR 97.721,89
Result from
ordinary operations (+/-) EUR 24.192.230,33
Expenses for
transfer of profits to a
parent
company EUR 9.607.117,29
Income tax /
refund of income tax (+/-)EUR
-4.134.913,00
Other taxes /
refund of taxes EUR -75.151,45
Tax
(+/-)
EUR -4.210.064,45
Annual
surplus / annual deficit EUR 10.375.048,59
Type of balance
sheet:
Company balance sheet
Financial year:
01.01.2008 - 31.12.2008
ASSETS EUR 100.736.439,84
Fixed
assets EUR 71.474,45
Intangible
assets EUR 40.001,00
Other /
unspecified intangible assetsEUR
40.001,00
Financial
assets EUR 31.473,45
Other /
unspecified financial assets EUR
31.473,45
Current
assets EUR 100.656.881,87
Stocks EUR 42.653.336,22
Raw
materials, consumables and
supplies EUR 542.452,05
Finished
goods / work in progress EUR 42.110.884,17
Accounts
receivable EUR 47.652.363,46
Trade
debtors EUR 42.303.067,52
Other
debtors and assets EUR 5.349.295,94
Investments
in current assets EUR 4.822.292,25
Liquid
means EUR 5.528.889,94
Remaining
other assets EUR 8.083,52
Accruals
(assets) EUR 8.083,52
LIABILITIES EUR 100.736.439,84
Shareholders'
equity EUR 18.672.365,29
Capital EUR 14.000.000,00
Reserves
EUR 4.672.365,29
Items between
shareholders' equity and
debt
capital
EUR 25.000,00
Balancing
items for capitalised own
shares in
cos. acting as general
partners
EUR 25.000,00
Provisions EUR 14.290.670,00
Pension
provisions and comparable
provisions
EUR 454.806,00
Other /
unspecified provisions EUR 13.835.864,00
Liabilities EUR 67.748.404,55
Financial
debts EUR 2.086.137,28
Liabilities
due to banks EUR 2.086.137,28
Other liabilities EUR 65.662.267,27
Trade
creditors (for IAS incl. bills
of
exchange)
EUR 8.911.142,96
Liabilities
due to shareholders EUR 9.976.059,08
Liabilities
due to sleeping
partnership
interest EUR 36.000.000,00
Unspecified
other liabilities EUR 10.775.065,23
thereof
liabilities from tax /
financial
authorities EUR 1.139.256,25
thereof
liabilities from social
security
EUR 23.800,23
Guarantees
and other commitments EUR 24.190.951,73
Guarantees /
warranties EUR 24.190.951,73
Guarantees
EUR 24.165.602,30
Warranties
EUR 25.349,43
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 233.251.595,30
Inventory
change + own costs (+/-) EUR 134.148,19
Inventory
change (+/-) EUR 134.148,19
Other
operating income EUR 994.530,78
Cost of
materials EUR 148.419.526,21
Raw
materials and supplies, purchased
goods EUR 147.355.796,43
Purchased
services EUR 1.063.729,78
Gross result
(+/-) EUR 85.960.748,06
Staff
expenses EUR 26.342.817,89
Wages and
salaries EUR 22.669.856,06
Social
security contributions and
expenses for
pension plans and
benefits
EUR 3.672.961,83
Total
depreciation EUR 24.000,00
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 24.000,00
Other
operating expenses EUR 41.795.081,02
Operating
result from continuing
operations EUR 17.798.849,15
Interest
result (+/-) EUR 465.707,20
Interest and
similar income EUR 764.475,97
Interest and
similar expenses EUR 298.768,77
Other
financial result EUR -174.122,42
Depreciation
on financial assets and
marketable
securities EUR 174.122,42
Financial
result (+/-) EUR 291.584,78
Result from
ordinary operations (+/-) EUR 18.090.433,93
Expenses for
transfer of profits to a
parent
company EUR 7.795.613,11
Income tax /
refund of income tax (+/-)EUR -3.387.768,00
Other taxes /
refund of taxes EUR -74.951,47
Tax
(+/-)
EUR -3.462.719,47
Annual surplus / annual deficit EUR 6.832.101,35
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.22 |
|
|
1 |
Rs.72.26 |
|
Euro |
1 |
Rs.63.90 |
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.