MIRA INFORM
REPORT
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Report Date : |
14.04.2011 |
IDENTIFICATION DETAILS
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Name : |
DÜRKOPP ADLER AKTIENGESELLSCHAFT |
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Registered Office : |
Potsdamer Str. 190, D 33719 |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
09.12.1985 |
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Com. Reg. No.: |
HRB 7042 |
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Legal Form : |
Public Limited
Company |
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Line of Business : |
Manufacture of lifting and handling equipment |
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 : |
250.000 EUR |
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Status : |
Satisfactory |
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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
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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 |
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Off-credit |
D |
Company name & address
Dürkopp Adler Aktiengesellschaft
Main address:
Potsdamer Str. 190
D 33719
Post Box:
17 03 51, D 33703
Telephone: 0521/925-0
Telefax: 0521/925-2645
Homepage: www.duerkopp-adler.com
E-mail: invrel@duerkopp-adler.com
Synthesis
LEGAL FORM Public
limited company
Date of
foundation: 1860
Registered
on: 09.12.1985
Commercial
Register: Local court 33602
under: HRB
7042
Share
capital: EUR 20.962.697,13
The company is listed
on the stock market.
Shareholder
ShangGong (
Potsdamer Str. 190
D 33719
Legal form:
Private limited company
Share
capital: EUR 22.500.000,00
Share: 75,000 %
Registered on:
08.06.2006
Reg. data: 33602
Member of the Board of Directors
Werner Heer
D 69469 Weinheim
born: 07.09.1953
Profession:
graduate engineer
Marital status:
married
Member of the
Board of Directors:
Ying Zheng
RC Shanghai
born: 05.03.1965
Nationality:
Chinese
President of the Supervisory Board:
Zhang Min
RC Shanghai
born: 22.11.1962
Nationality:
Chinese
Vice-president of the Supervisory Board:
Minliang Ma
RC -
Nationality:
Chinese
Proxy
Heinz Schlingmann
D 33602
authorized to
jointly represent the company
Proxy:
Frank-Michael
Kuhnt
D 33602
authorized to
jointly represent the company
born: 02.12.1958
Profession:
Businessman
Proxy:
Reinhard Kottmann
Tuxhornweg 9
D 33334 Gütersloh
authorized to
jointly represent the company
born: 26.12.1951
Proxy:
Andre Grewe
D 33813
Oerlinghausen
authorized to
jointly represent the company
born: 14.10.1964
Proxy:
Armin Funck
D 31867 Lauenau
authorized to
jointly represent the company
born: 18.07.1962
Proxy:
Cosima
Crone-Ellermann
D 32791 Lage
authorized to
jointly represent the company
born: 26.12.1971
Proxy:
Bernd Bräuer
D 49324 Melle
authorized to
jointly represent the company
born: 18.04.1961
Proxy:
Friedbert Schulz
D 67655
authorized to
jointly represent the company
born: 22.01.1955
Further functions/participations of Ying Zheng (Member of the Board of Directors)
Manager:
Adler Industrienähmaschinen
Verkauf GmbH
Potsdamer Str. 190
D 33719
Legal form: Private
limited company
Share capital: EUR 102.258,38
Registered
on: 17.11.1977
Reg. data: 33602
Manager:
ShangGong (
Potsdamer Str. 190
D 33719
Legal form: Private limited company
Share capital: EUR
22.500.000,00
Registered
on: 08.06.2006
Reg. data: 33602
RESIGNED ACTING PERSONS AND SHAREHOLDERS
06.10.2008 -
27.01.2011 Member of the Board of
Directors
Quing Wang
RC Shanghei
04.10.2006 -
25.05.2009 Member of the Board of
Directors
Alfred Walter Wadle
D 33607
14.03.2005 -
03.07.2008 Member of the Board of
Directors
Dirk Fellermann
D 63906 Erlenbach
14.03.2005 -
03.07.2008 President of the Supervisory
Board
Frank Huber
D 33602
14.03.2005 -
03.07.2008 Member of the Supervisory
Board
Klaus Widmaier
D 97421
10.12.2001 -
03.07.2008 Vice-president of the
Supervisory Board
Dr. Peter Jürgen
Kreher
D 97421
20.07.1999 -
03.07.2008 Member of the Supervisory
Board
Raimund Klinker
D 33602
28.09.1998 -
03.07.2008 Member of the Supervisory
Board
Thomas Schaefer
D 97359 Schwarzach
BUSINESS ACTIVITIES
Sectors
28220 Manufacture of lifting and handling
equipment
28290 Manufacture of other general-purpose
machinery
28940 Manufacture of machinery for textile,
apparel and leather production
BRANCHES AND FACTORIES
Branch:
Dürkopp Adler
Aktiengesellschaft
Arbachtalstr. 13
D 72800 Eningen
TEL.: 07121/89631
Branch:
Dürkopp Adler
Aktiengesellschaft
Nikolaus-Dürkopp-Str. 2
D 33602
Branch:
Dürkopp Adler Aktiengesellschaft
Petersauracher Str. 37
D 90449 Nürnberg
PARTICIPATIONS
Shareholder:
DÜRKOPP Fördertechnik GmbH
Potsdamer Str. 190
D 33719
Legal form: Private limited
company
Company Status: active
Share capital: EUR 1.022.583,76
Share: EUR 1.022.583,76
Reg. data: 05.05.1995
Local court
33602 Bielefeld
HRB 32089
Shareholder:
Beisler GmbH
Potsdamer Str. 190
D 33719
Legal form: Private limited
company
Company Status: active
Share capital: EUR 255.645,94
Share: EUR 255.645,94
Reg. data: 05.01.2010
Local court
33602 Bielefeld
HRB 39818
Shareholder:
Adler
Industrienähmaschinen Verkauf GmbH
Potsdamer Str. 190
D 33719
Legal form: Private
limited company
Company Status: active
Share capital: EUR 102.258,38
Share: EUR 102.258,38
Reg. data: 17.11.1977
Local court
33602 Bielefeld
HRB 30678
FINANCIAL INFORMATION
Payment
experience: cash discount/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: proprietor
Share: 100,00 %
Address Potsdamer Str. 190
D 33719
Land register
documents were not available.
BANKERS
Principal bank
COMMERZBANK
VORMALS DRESDNER BANK,
Sort. code:
48080020, BIC: DRESDEFF480
Further banks
BHF-BANK,
FRANKFURT AM
Sort. code:
50020200, BIC: BHFBDEFF500
DEUTSCHE BANK,
Sort. code:
48070020, BIC: DEUTDE3BXXX
COMMERZBANK,
Sort. code:
48040035, BIC: COBADEFF480
BUNDESBANK,
Sort. code:
48000000, BIC: MARKDEF1480
POSTBANK,
Sort. code:
25010030, BIC: PBNKDEFF250
FINANCIAL FIGURES
Turnover: 2009 EUR 37.737.000,00
Profit: 2009 EUR -15.405.000,00
Employees:
378
- thereof permanent
staff:
378
BALANCE SHEETS
Balance sheet
ratios 2009
Equity ratio
[%]: 16,70
Liquidity
ratio: 1,25
Return on total
capital [%]: -19,52
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 79.194.000,00
Fixed assets EUR 38.041.000,00
Intangible assets EUR 86.000,00
Other / unspecified intangible
assetsEUR 86.000,00
Tangible assets EUR 9.521.000,00
Other / unspecified tangible assets EUR
9.521.000,00
Financial assets EUR 28.434.000,00
Other / unspecified financial assets
EUR 28.434.000,00
Current assets EUR 41.153.000,00
Stocks EUR 11.944.000,00
Accounts receivable EUR 24.490.000,00
Trade debtors EUR 4.938.000,00
Amounts due from related companies EUR
19.181.000,00
Other debtors and assets EUR 371.000,00
Liquid means EUR 4.719.000,00
LIABILITIES EUR 79.194.000,00
Shareholders' equity EUR 13.263.000,00
Capital EUR 20.963.000,00
Subscribed capital (share capital) EUR
20.963.000,00
Reserves EUR 22.098.000,00
Capital reserves EUR 8.112.000,00
Retained earnings / revenue reserves
EUR 13.986.000,00
Balance sheet profit/loss (+/-) EUR -29.798.000,00
Balance sheet profit / loss EUR -29.798.000,00
Provisions EUR 41.644.000,00
Pension provisions and comparable
provisions EUR 29.855.000,00
Other / unspecified provisions EUR 11.789.000,00
Liabilities EUR 24.287.000,00
Financial debts EUR 19.621.000,00
Other liabilities EUR 4.666.000,00
Trade creditors (for IAS incl. bills
of exchange) EUR 809.000,00
Liabilities from received advance
payments EUR 122.000,00
Liabililties due to related
companiesEUR 2.300.000,00
Unspecified other liabilities EUR 1.435.000,00
Sales EUR
37.737.000,00
Manufacturing costs EUR 33.177.000,00
Gross result on sales EUR 4.560.000,00
Research and development costs EUR 4.266.000,00
Other operating income EUR 3.265.000,00
Other operating expenses EUR 19.153.000,00
Operating result from continuing
operations EUR -15.594.000,00
Result from participating interests
(+/-)
EUR 2.066.000,00
Interest result (+/-) EUR -1.011.000,00
Other financial result EUR -4.207.000,00
Depreciation on financial assets and
marketable securities EUR 4.207.000,00
Financial result (+/-) EUR -3.152.000,00
Result from ordinary operations (+/-) EUR
-18.746.000,00
Extraordinary result (+/-) EUR 3.319.000,00
Income tax / refund of income tax
(+/-)EUR -22.000,00
Tax (+/-) EUR -22.000,00
Annual surplus / annual deficit EUR -15.449.000,00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.48 |
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|
1 |
Rs.72.37 |
|
Euro |
1 |
Rs.64.42 |
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
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 |
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.