MIRA INFORM
REPORT
|
Report Date : |
19.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
EUROPCELL GMBH |
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Registered Office : |
Willy-Brandt-Str.
23, D 63450 Hanau |
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Country : |
Germany |
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Financials (as on) : |
31.12.2007 |
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Date of Incorporation : |
09.01.1995 |
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Com. Reg. No.: |
HRB 5370 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Wholesale of paper and paperboard,
stationery, office supplies, books, periodicals and newspapers |
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 : |
250.000 EUR |
|
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
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
Germany |
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
EUROPCELL GmbH
Main address:
Willy-Brandt-Str.
23
D 63450 Hanau
Telephone: 06181/98660
Telefax: 06181/986620
Homepage: www.europcell.de
E-mail: mail@europcell.de
VAT
no.
DE811778973
Tax
ID number
035 225 08957
Synthesis
LEGAL FORM Private
limited company
Date of foundation: 15.11.1994
Shareholders'
agreement: 15.11.1994
Registered on: 09.01.1995
Commercial Register: Local court 63450 Hanau
under: HRB
5370
Share capital: EUR 250.600,00
Shareholder
EUROPCELL Holding
GmbH
Willy-Brandt-Str.
23
D 63450 Hanau
Legal form:
Private limited company
Share
capital: EUR 1.630.000,00
Share: EUR 250.600,00
Registered on:
04.10.2005
Reg. data: 63450
Hanau, HRB 91553
Control and profit
transfer agreement
Manager
Sebastian Hetzmann
D 63065 Offenbach
having sole power
of representation
born: 03.04.1963
Profession:
Businessman
Manager:
Joachim Seidel
D 63486 Bruchköbel
born: 22.01.1962
Profession:
Businessman
Marital status:
unknown
Proxy
Jörg Schneider
D 63654 Büdingen
authorized to jointly
represent the company
born: 14.11.1967
Further functions/participations of Joachim
Seidel (Manager)
Manager:
Germex GmbH
Am Heiligen Haus 22
D 63486 Bruchköbel
Legal form: Private
limited company
Share capital: EUR 250.000,00
Registered
on: 30.07.2001
Reg. data: 63450 Hanau, HRB 7081
BUSINESS
ACTIVITIES
Secondary industrial sector
46494
Wholesale of paper and paperboard, stationery, office supplies,
books,periodicals and newspapers
47191
Retail sale of miscellaneous goods (except food)
96090
Other service activities n. e. c.
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: 2007
REAL
ESTATE
Type of ownership: Tenant
Address Willy-Brandt-Str.
23
D 63450 Hanau
Land register documents were not available.
BANKERS
Principal bank
COMMERZBANK VORMALS DRESDNER BANK, HANAU
Sort. code: 50680002, Account no.: 708892900,
BIC: DRESDEFF506
Further banks
HSBC TRINKAUS & BURKHARDT, DÜSSELDORF
Sort. code: 30030880, Account no.: 0010819008,
BIC: TUBDDEDDXXX
UNICREDIT BANK - HYPOVEREINSBANK, FRANKFURT AM
MAIN
Sort. code: 50320191, Account no.: 322312962,
BIC: HYVEDEMM430
FINANCIAL
FIGURES
Turnover:
2009 EUR 96.212.504,00
Equipment: EUR 113.911,00
Ac/ts receivable: EUR 16.157.061,00
Liabilities: EUR 21.342.090,00
Employees:
38
Control and profit transfer agreement to:
EUROPCELL Holding
GmbH
Willy-Brandt-Str.
23
D 63450 Hanau
BALANCE
SHEETS
Balance sheet ratios 2007
Equity ratio [%]: 14,32
Liquidity ratio: 0,94
Return on total capital [%]: 7,66
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: 01.01.2007 - 31.12.2007
ASSETS EUR 44.319.913,66
Fixed assets EUR 1.241.764,52
Intangible assets EUR 7.407,00
Concessions, licences, rights EUR 7.407,00
Tangible assets EUR 136.792,80
Other tangible assets / fixtures and
fittings EUR 136.792,80
Financial assets EUR 1.097.564,72
Shares in participations /
subsidiaries and the like EUR 98.831,87
Shares in related companies EUR 36.331,87
Shares in investee companies EUR 62.500,00
Securities included in fixed assets EUR
998.732,85
Current assets EUR 43.061.265,41
Stocks EUR 11.107.067,65
Finished goods / work in progress EUR
6.991.231,08
Advance payments made EUR 4.115.836,57
Accounts receivable EUR 31.756.974,03
Trade debtors EUR 28.016.304,07
Other debtors and assets EUR 3.740.669,96
Liquid means EUR 197.223,73
Remaining other assets EUR 16.883,73
Accruals (assets) EUR 16.883,73
LIABILITIES EUR 44.319.913,66
Shareholders' equity EUR 6.351.043,85
Capital EUR 250.600,00
Subscribed capital (share capital) EUR 250.600,00
Reserves EUR 3.297.696,79
Capital reserves EUR 3.297.696,79
Balance sheet profit/loss (+/-) EUR 2.802.747,06
Profit / loss brought forward EUR 2.802.747,06
Provisions EUR 4.160.502,89
Pension provisions and comparable
provisions EUR 192.151,00
Other / unspecified provisions EUR 3.968.351,89
Liabilities EUR 33.808.366,92
Financial debts EUR 18.051.793,13
Liabilities due to banks EUR 18.051.793,13
Other liabilities EUR 15.756.573,79
Trade creditors (for IAS incl. bills
of exchange) EUR 12.445.725,50
Liabilities from received advance
payments EUR 336.514,72
Unspecified other liabilities EUR 2.974.333,57
thereof liabilities from tax /
financial authorities EUR 28.177,81
Profit and loss
account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR
148.160.876,80
Other operating income EUR 1.297.033,15
Cost of materials EUR 136.691.775,70
Raw materials and supplies, purchased
goods EUR 133.570.718,01
Purchased services EUR 3.121.057,69
Gross result (+/-) EUR 12.766.134,25
Staff expenses EUR 2.478.576,66
Wages and salaries EUR 2.201.891,23
Social security contributions and
expenses for pension plans and
benefits EUR 276.685,43
Total depreciation EUR 56.163,53
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 56.163,53
Other operating expenses EUR 5.774.566,56
Operating result from continuing
operations EUR 4.456.827,50
Interest result (+/-) EUR -1.356.457,35
Interest and similar income EUR 343.055,06
Interest and similar expenses EUR 1.699.512,41
Other financial result EUR
301.584,05
Income from securities and loans from
financial assets EUR 301.584,05
Financial result (+/-) EUR -1.054.873,30
Result from ordinary operations (+/-) EUR
3.401.954,20
Expenses for transfer of profits to a
parent company EUR 3.392.580,65
Income tax / refund of income tax
(+/-)EUR 2.466,00
Other taxes / refund of taxes EUR -11.839,55
Tax (+/-) EUR -9.373,55
Annual surplus / annual deficit EUR 0,00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.27 |
|
|
1 |
Rs.7208 |
|
Euro |
1 |
Rs.63.66 |
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.