MIRA INFORM
REPORT
|
Report Date : |
23.04.2011 |
Supplement
We refer
to your enquiry of 16.06.2010. In the meantime
there have been changes in particular in the following areas subject to
monitoring: - Balance sheets
Company
name & address
SCHOTTEL-Schiffsmaschinen GmbH
Main address:
Schottelweg 1
D 23970 Wismar
Telephone: 03841/204-0
Telefax: 03841/204-109
Homepage: www.schottel.de
E-mail: info-ssw@schottel.de
Tax ID number:
080/122/02386
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 28.11.1991
Shareholders'
agreement: 28.11.1991
Registered on: 31.01.1992
Commercial Register: Local
court 19053 Schwerin
under: HRB 1810
Share capital:
EUR 1.022.600,00
Shareholder
SCHOTTEL GmbH
Mainzer Str. 99
D 56322 Spay
Legal form: Private limited company
Share capital: EUR 12.796.700,00
Share: EUR 1.022.600,00
Registered on: 15.06.2007
Reg. data: 56068 Koblenz, HRB 20734
Manager
Dr. Ing. Gerhard Jensen
Langenrieh 25
D 22941 Delingsdorf
having sole power of representation
born: 05.08.1957
Profession: Engineer
Marital status: married
Manager:
Holger Tepper
D 24113 Molfsee
authorized to jointly represent the company
born: 30.07.1969
Proxy
Hans-Herbert Dünow
Buchenweg 14
D 23858 Reinfeld
born: 09.07.1954
Profession: graduate engineer
Marital status: married
Proxy:
Arnulf Berndt
D 18055 Rostock
authorized to jointly represent the company
born: 28.07.1957
Proxy:
Yvonne Band
D 19053 Schwerin
authorized to jointly represent the company
born: 01.06.1978
Further functions/participations of Dr. Ing.
Gerhard Jensen (Manager)
Manager:
SCHOTTEL GmbH
Mainzer Str. 99
D 56322 Spay
Legal form: Private limited company
Share capital: EUR 12.796.700,00
Registered
on: 15.06.2007
Reg. data: 56068 Koblenz,
HRB 20734
Manager:
Josef Becker Forschungszentrum GmbH
Mainzer Str. 99
D 56322 Spay
Legal form: Private limited company
Share capital: EUR 32.000,00
Registered
on: 22.12.1967
Reg. data: 56068 Koblenz,
HRB 386
Manager:
SCHOTTEL Beteiligungen GmbH
Mainzer Str. 99
D 56322 Spay
Legal form: Private limited company
Share capital: EUR 25.000,00
Registered
on: 14.03.2011
Reg. data: 56068 Koblenz,
HRB 22517
COMPANY
HISTORY
28.11.1991 - 16.01.2001
Wismarer Propeller- und Maschinenbau
GmbH
Kanalstr. 18
D
23970 Wismar
Private limited company
BUSINESS
ACTIVITIES
Sectors
28290 Manufacture of other
general-purpose machinery
71122 Engineering
activities in the field of technical sectoral planning andengineering design
FINANCIAL
INFORMATION
Payment experience: within
periods customary in this trade
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 Schottelweg
1
D 23970 Wismar
Land register documents
were not available.
BANKERS
COMMERZBANK, KOBLENZ AM RHEIN
Sort. code: 57040044, Account no.: 2022135, BIC: COBADEFF570
DEUTSCHE BANK, WISMAR, MECKL
Sort. code: 13070000, BIC: DEUTDEBRXXX
FINANCIAL
FIGURES
Turnover: 2009 EUR 48.652.203,00
Profit: 2009 EUR 5.182.791,00
Employees:
134
- thereof permanent
staff: 123
- Trainees:
11
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%]: 44,33
Liquidity ratio: 6,87
Return on total capital [%]: 22,06
Balance
sheet ratios 2008
Equity ratio [%]: 34,52
Liquidity ratio: 3,74
Return on total capital [%]: 19,82
Balance sheet ratios 2007
Equity ratio [%]: 31,62
Liquidity ratio: 2,51
Return on total capital [%]: -6,05
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 23.501.759,16
Fixed assets
EUR 2.612.373,74
Intangible assets
EUR 8.948,00
Concessions,
licences, rights EUR 8.948,00
Tangible assets
EUR 2.603.425,74
Land / similar rights
EUR 79.158,00
Plant / machinery
EUR 2.084.972,00
Other tangible assets / fixtures and
fittings
EUR 414.831,00
Advance payments made / construction
in progress
EUR 24.464,74
Current assets EUR 19.738.297,03
Stocks
EUR 3.430.099,78
Raw materials, consumables and
supplies
EUR 9.907.704,60
Finished goods / work in progress
EUR 3.676.021,60
Advance payments made
EUR 371.479,40
Minus received advance payments for
orders / installments for stocks
EUR -10.525.105,82
Accounts receivable
EUR 16.307.529,19
Trade debtors
EUR 8.377.982,84
Amounts due from related companies
EUR 7.358.238,79
Other debtors and assets
EUR 571.307,56
Liquid means
EUR 668,06
Remaining other assets
EUR 1.151.088,39
Accruals (assets)
EUR 1.151.088,39
LIABILITIES EUR 23.501.759,16
Shareholders' equity
EUR 10.421.926,15
Capital
EUR 1.022.600,00
Subscribed capital (share capital)
EUR 1.022.600,00
Reserves
EUR 8.486.226,96
Capital reserves EUR 8.486.226,96
Balance sheet profit/loss (+/-)
EUR 913.099,19
Profit / loss brought forward
EUR -4.269.691,61
Annual surplus / annual deficit
EUR 5.182.790,80
Items between shareholders' equity and
debt capital
EUR 676.341,31
Allowances / bonuses
EUR 676.341,31
Provisions
EUR 10.028.100,00
Provisions for taxes EUR 1.780.000,00
Other / unspecified provisions
EUR 8.248.100,00
Liabilities
EUR 2.375.391,70
Other liabilities
EUR 2.375.391,70
Trade creditors (for IAS incl. bills
of exchange)
EUR 2.147.710,62
Liabililties due to related companiesEUR 13.759,26
Unspecified other liabilities
EUR 213.921,82
thereof liabilities from tax /
financial authorities
EUR 77.173,75
thereof liabilities from social
security
EUR 0,00
Guarantees and other commitments
EUR 23.018.628,74
Guarantees / warranties
EUR 23.018.628,74
Guarantees
EUR 23.018.628,74
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 48.652.202,84
Inventory change + own costs (+/-)
EUR -4.856.585,13
Inventory change (+/-)
EUR -4.864.236,60
Capitalised own costs
EUR 7.651,47
Other operating income
EUR 3.440.920,94
Cost of materials
EUR 27.134.854,52
Raw materials and supplies, purchased
goods
EUR 22.707.670,78
Purchased services
EUR 4.427.183,74
Gross result (+/-)
EUR 20.101.684,13
Staff expenses
EUR 7.365.408,03
Wages and salaries
EUR 6.212.030,98
Social security contributions and
expenses for pension plans and
benefits
EUR 1.153.377,05
Total depreciation
EUR 398.456,40
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 398.456,40
Other operating expenses
EUR 6.202.658,26
Operating result from continuing
operations
EUR 6.135.161,44
Interest result (+/-)
EUR -62.482,64
Interest and similar income
EUR 34.861,65
thereof from related companies
EUR 11.474,98
Interest and similar expenses
EUR 97.344,29
thereof paid to related companies
EUR 60.427,73
Financial result (+/-)
EUR -62.482,64
Result from ordinary operations (+/-)
EUR 6.072.678,80
Income tax / refund of income tax (+/-)EUR -889.000,00
Other taxes / refund of taxes
EUR -888,00
Tax
(+/-)
EUR -889.888,00
Annual surplus / annual deficit
EUR 5.182.790,80
Type
of balance
sheet: Company balance sheet
Financial
year: 01.01.2008 - 31.12.2008
ASSETS EUR 25.449.469,99
Fixed assets
EUR 2.281.342,00
Intangible assets
EUR 20.593,00
Concessions, licences, rights
EUR 20.593,00
Tangible assets
EUR 2.260.749,00
Land / similar rights
EUR 100.233,00
Plant / machinery
EUR 1.813.866,00
Other tangible assets / fixtures and
fittings
EUR 346.650,00
Current assets
EUR 21.582.240,56
Stocks
EUR 5.447.056,28
Raw materials, consumables and
supplies
EUR 11.115.918,56
Finished goods / work in progress
EUR 8.540.258,20
Advance payments made
EUR 508.862,90
Minus received advance payments for
orders / installments for stocks
EUR -14.717.983,38
Accounts receivable
EUR 16.132.372,87
Trade debtors
EUR 15.668.440,91
Other debtors and assets
EUR 463.931,96
Liquid means
EUR 2.811,41
Remaining other assets
EUR 1.585.887,43
Accruals (assets)
EUR 1.585.887,43
LIABILITIES EUR 25.449.469,99
Shareholders' equity
EUR 5.239.135,35
Capital
EUR 1.022.600,00
Subscribed capital (share capital)
EUR 1.022.600,00
Reserves EUR 8.486.226,96
Capital reserves
EUR 8.486.226,96
Balance sheet profit/loss (+/-)
EUR -4.269.691,61
Profit / loss brought forward
EUR -9.312.749,38
Annual surplus / annual deficit
EUR 5.043.057,77
Items between shareholders' equity and
debt capital
EUR 664.879,25
Allowances / bonuses
EUR 664.879,25
Provisions EUR 11.675.150,00
Provisions for taxes
EUR 891.000,00
Other / unspecified provisions
EUR 10.784.150,00
Liabilities
EUR 7.870.305,39
Other liabilities
EUR 7.870.305,39
Trade creditors (for IAS incl. bills
of exchange)
EUR 3.360.605,35
Liabililties due to related companiesEUR 4.229.137,28
Unspecified other liabilities
EUR 280.562,76
thereof liabilities from tax /
financial authorities
EUR 102.148,41
thereof liabilities from social
security
EUR 0,00
Guarantees and other commitments
EUR 24.123.095,82
Guarantees / warranties
EUR 24.123.095,82
Guarantees
EUR 24.123.095,82
Profit and loss account (cost-summary method) according
to Comm.
Code
(HGB)
Sales
EUR 86.159.496,84
Inventory change + own costs (+/-)
EUR 1.361.800,78
Inventory change (+/-)
EUR 1.361.800,78
Other operating income
EUR 684.139,06
Cost of materials
EUR 63.238.530,19
Raw materials and supplies, purchased
goods
EUR 54.181.097,09
Purchased services
EUR 9.057.433,10
Gross result (+/-)
EUR 24.966.906,49
Staff expenses
EUR 6.645.064,03
Wages and salaries
EUR 5.589.177,76
Social security contributions and
expenses for pension plans and
benefits
EUR 1.055.886,27
Total depreciation
EUR 408.380,27
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 408.380,27
Other operating expenses
EUR 11.394.449,64
Operating result from continuing
operations
EUR 6.519.012,55
Interest result (+/-)
EUR -583.501,78
Interest and similar income
EUR 35.983,91
thereof from related companies
EUR 0,00
Interest and similar expenses
EUR 619.485,69
thereof
paid to related companies EUR 586.812,37
Financial result (+/-)
EUR -583.501,78
Result from ordinary operations (+/-)
EUR 5.935.510,77
Income tax / refund of income tax (+/-)EUR -891.000,00
Other taxes / refund of taxes
EUR -1.453,00
Tax
(+/-)
EUR -892.453,00
Annual surplus / annual deficit
EUR 5.043.057,77
MIRA INFORM
REPORT
|
Report Date : |
16.06.2010 |
IDENTIFICATION DETAILS
|
Name : |
SCHOTTEL-SCHIFFSMASCHINEN GMBH |
|
|
|
|
Registered Office : |
Schottelweg
1, 23970 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
28.11.1991 |
|
|
|
|
Com. Reg. No.: |
HRB 1810 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
Engineering
activities in the field of technical sectoral planning and engineering design |
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 : |
EUR
250.000,00 |
|
Status : |
Good |
|
Payment
Behaviour : |
No Complaints |
|
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 – April 1, 2010
|
Country Name |
Previous Rating (31.12.2009) |
Current Rating (01.04.2010) |
|
|
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
SCHOTTEL-Schiffsmaschinen GmbH
Schottelweg 1
23970 Wismar
Telephone: 03841/204-0
Telefax: 03841/204-109
Homepage: www.schottel.de
E-Mail: info-ssw@schottel.de
Tax ID number
080/122/02386
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 28.11.1991
Shareholders' agree-
ment: 28.11.1991
Registered on: 31.01.1992
Commercial Register: Local
court 19053 SCHWERIN
under: HRB 1810
Share capital: EUR 1.022.600,00
Shareholder
SCHOTTEL GmbH
Mainzer Str. 99
56322 Spay
Legal form: Private limited company
Share capital: EUR 12.796.700,00
Share: EUR 1.022.600,00
Reg. Data: 15.06.2007
HRB 20734
56068 KOBLENZ
Employees: 481
Manager
Dr. Ing. Gerhard Jensen
Langenrieh 25
22941 Delingsdorf
having sole power of representation
born 05.08.1957
Occupation: Engineer
Marital status: married
Manager:
Holger Tepper
24113 Molfsee
authorized to jointly represent the company
born 30.07.1969
Proxy
Yvonne Band
19053 Schwerin
authorized to jointly represent the company
born 01.06.1978
Proxy:
Arnulf Berndt
18055 Rostock
authorized to jointly represent the company
born 28.07.1957
Proxy:
Hans-Herbert Dünow
Buchenweg 14
23858 Reinfeld
born 09.07.1954
Occupation: graduate engineer
Marital status: married
Further functions/participations of Gerhard
Jensen (Manager)
Manager:
SCHOTTEL GmbH
Mainzer Str. 99
56322 Spay
Legal form: Private limited company
Share capital: EUR 12.796.700,00
Reg. Data: 15.06.2007
HRB 20734
56068 KOBLENZ
Manager:
Josef Becker Gesellschaft mit beschränkter
Haftung
Mainzer Str. 99
56322 Spay
Legal form: Private limited company
Share capital: EUR 31.137,68
Reg. Data: 22.12.1967
HRB 386
56068 KOBLENZ
BUSINESS HISTORY
28.11.1991 Wismarer Propeller- und Maschinenbau
GmbH
Kanalstr. 18
23970 Wismar
Private limited company
BUSINESS ACTIVITIES
71122
Engineering activities in the field of technical sectoral
planning and engineering design
28290
Manufacture of other general-purpose machinery
FINANCIAL INFORMATION
Payment experience: within
periods customary in this trade
REAL ESTATE
Type of ownership: Tenant
Address Schottelweg 1
23970 Wismar
Land register documents were not available.
BANKERS
COMMERZBANK, KOBLENZ AM RHEIN
Sort. code: 57040044, Account No: 2022135
DEUTSCHE BANK, WISMAR, MECKL
Sort. code: 13070000
FIGURES
Financial
year: 01.01. - 31.12.
Turnover: 2008 EUR 86.159.496,00
2009 EUR 86.159.496,00
Profit: 2008 EUR 5.043.057,00
Share capital: EUR 1.022.600,00
Employees: 134
-
Salaried employees: 43
-
Workers:
80
-
Trainees:
11
The
aforementioned business figures may partly be estimated information based on
average values in the line of business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.30 |
|
|
1 |
Rs.72.92 |
|
Euro |
1 |
Rs.64.69 |
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 |
|
---- |
NB |
New Business |
---- |
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.