MIRA INFORM
REPORT
|
Report Date : |
25.04.2011 |
Supplement
We refer to your
enquiry of 10.09.2010. In the meantime
there have been changes in particular in the following areas subject to
monitoring: - Balance sheets
Company name & address
Sandvik Materials Technology Deutschland GmbH
Main address:
Heerdter Landstr. 229-243
D 40549 Düsseldorf
Post Box:
10 44 51
Telephone: 0211/5027-0
Telefax: 0211/5027-263
Homepage: www.smt.sandvik.com
E-mail: stahl.de@sandvik.com
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 1948
Shareholders'
agreement: 02.11.1948
Registered on: 06.09.1957
Commercial Register: Local
court 40213 Düsseldorf
under: HRB 8210
Share capital:
EUR 30.000.000,00
Shareholder
Sandvik Holding GmbH
Heerdter Landstr. 229/243
D 40549 Düsseldorf
Legal form: Private limited company
Share capital: EUR 30.700.000,00
Share: EUR 29.795.480,00
Registered on: 11.11.1992
Reg. data: 40213 Düsseldorf, HRB 28954
Profit transfer agreement
Shareholder:
Sandvik AB
S - Sandviken
Legal form: Other legal form
Share: EUR 204.520,00
Manager
Fritz Heinrich Strackerjahn
Alte Verler Str. 26a
D 33332 Gütersloh
authorized to jointly represent the company
born: 09.04.1957
Manager:
Manfred Herder
D 40210 Düsseldorf
born: 02.03.1963
Proxy
Kai Bockenheimer
Feldstr. 63
D 45549 Sprockhövel
authorized to jointly represent the company
born: 19.05.1972
Proxy:
Dr. Michael Biermann
D 41515 Grevenbroich
authorized to jointly represent the company
born: 07.03.1966
Proxy:
Dr. Ulf Quadflieg
D 41844 Wegberg
authorized to jointly represent the company
born: 04.02.1972
Proxy:
Stefan Schatz
D 64546 Mörfelden-Walldorf
authorized to jointly represent the company
born: 11.01.1966
Further functions/participations of
Manfred Herder (Manager)
Manager:
Sandvik Holding GmbH
Heerdter Landstr. 229/243
D 40549 Düsseldorf
Legal form: Private limited company
Share capital: EUR 30.700.000,00
Registered
on: 11.11.1992
Reg. data: 40213
Düsseldorf, HRB 28954
Manager:
Aubema Beteiligungsgesellschaft mbH
Kölner Str. 94
D 51702 Bergneustadt
Legal form: Private limited company
Share capital: EUR 50.000,00
Registered
on: 14.02.2007
Reg. data: 50939 Köln, HRB
59732
COMPANY HISTORY
02.11.1948 -
08.03.1976 Hachenberger Sandvik
Stuttgart GmbH
.
D
40210 Düsseldorf
Private limited company
08.07.1993 -
15.02.1995 SANDVIK GMBH
Heerdter Landstr. 229 3
D
40549 Düsseldorf
Private limited company
29.08.2005 -
25.09.2008 SANDVIK GMBH
Heerdter Landstr. 229-243
D 40549 Düsseldorf
Private limited company
11.08.2009 -
23.08.2010 Sandvik Materials Technology
Deutschland
GmbH
Heerdter Landstr. 229-243
D 40549 Düsseldorf
Private limited company
BUSINESS ACTIVITIES
Sectors
4649 Wholesale of other household goods
46721 Wholesale of iron ores, iron, steel and iron
and steel semi-finished goods
BRANCHES AND FACTORIES
Branch:
SANDVIK GmbH
Heimsheimer Str. 31
D 71272 Renningen
TEL.: 07159/1603-0
FAX.: 07159/1603-23
Branch:
Sandvik Process Systems ZN der Sandvik
Materials Technology Deutschland GmbH
Salierstr. 35
D 70736 Fellbach
TEL.: 0711/5105-0
Reg. entry: 17.03.2003
Branch:
Sandvik GmbH
Alexander-Fleming-Str. 1
D 68519 Viernheim
TEL.: 06204/7020
Branch:
SANDVIK GmbH - Verkaufsbüro -
Altchemnitzer Str. 62
D 09120 Chemnitz
TEL.: 0371/530150
Branch:
Sandvik GmbH
Offenbachstr. 1
D 81241 München
TEL.: 089/829256-0
Branch:
Sandvik P & P, Zweigniederlassung der
Sandvik Materials Technology Deutschland
GmbH
Dammstr. 27
D 33824 Werther
TEL.: 05203/9109-0
Reg. entry: 07.02.2003
Branch:
Sandvik Coromant Produktion, ZN der Sandvik
GmbH
Heimsheimer Str. 31
D 71272 Renningen
TEL.: 07159/1603-0
FAX.: 07159/1603-23
Reg. entry: 14.02.2003
Branch:
Sandvik Materials Technology Deutschland
GmbH
Aschaffenburger Str. 7
D 64546 Mörfelden-Walldorf
TEL.: 06105/40010
Reg. entry: 02.04.2003
Branch:
SANDVIK GmbH
Nickelstr. 4
D 30916 Isernhagen
Branch:
Sandvik Materials Technology Deutschland
GmbH
Mühlenfeld 101
D 58256 Ennepetal
TEL.: 0202/26123-0
FAX.: 0202/26123-54
Reg. entry: 01.01.2003
Branch:
SANDVIK GMBH
Henry-Ford-II-Str. 15
D 42489 Wülfrath
TEL.: 02058/772884
Branch:
Dormer Tools, Zweigniederlassung der SANDVIK
GmbH
Heerdter Landstr. 231
D 40549 Düsseldorf
Reg. entry: 31.03.2003
Branch:
SANDVIK GMBH *Niederlassung*
Hofäckerstr. 4
D 71732 Tamm
TEL.: 07141/2040-0
FAX.: 07141/2040-12
Branch:
Sandvik Materials Technology Deutschland
GmbH -Regionalbüro Südwest-
Carl-Zeiss-Str. 23
D 74321 Bietigheim-Bissingen
TEL.: 07142/9938282
FAX.: 07142/9938283
Branch:
Hindrichs-Auffermann, Zweigniederlassung der
Sandvik Materials Technology Sandvik
Materials Technology
Mühlenfeld 101
D 58256 Ennepetal
Reg. entry: 17.09.2008
Branch:
Sandvik Wire & Heating Technology,
Zweigniederlassungder Sandvik Materials
Technology Deutschland GmbH
Aschaffenburger Str. 7
D 64546 Mörfelden-Walldorf
Reg. entry: 17.09.2008
PARTICIPATIONS
Shareholder:
DANKART-Sinter-Hartmetall GmbH
Beendorfer Str. 25
D
32609 Hüllhorst
Legal
form: Private limited company
Company Status: active
Share capital: EUR 31.955,74
Share: EUR 6.391,15
Reg.
data: 05.02.1991
Local court 32545 Bad Oeynhausen
HRB 8625
FINANCIAL INFORMATION
Payment experience: in
top condition
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 Heerdter Landstr. 229-243
D 40549 Düsseldorf
Land register documents were not available.
BANKERS
Principal bank
SEB, FRANKFURT AM MAIN
Sort. code: 50010111, BIC: ESSEDE5FXXX
Further banks
DEUTSCHE BANK, DÜSSELDORF
Sort. code: 30070010, BIC: DEUTDEDDXXX
COMMERZBANK, DÜSSELDORF
Sort. code: 30040000, BIC: COBADEDDXXX
FINANCIAL FIGURES
Turnover: 2009 EUR 88.847.854,00
Profit:
2009 EUR 8.725.618,00
Employees:
377
-
thereof permanent staff: 377
Profit transfer
agreement to:
Sandvik Holding GmbH
Heerdter Landstr. 229/243
D 40549 Düsseldorf
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%]: 17,60
Liquidity ratio: 0,35
Return on total capital [%]: 13,22
Balance sheet ratios 2008
Equity
ratio [%]: 31,24
Liquidity ratio: 0,72
Return on total capital [%]: 17,71
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 123.969.168,83
Fixed assets
EUR 30.170.219,18
Intangible assets
EUR 67.628,55
Concessions, licences, rights
EUR 67.627,55
Goodwill
EUR 1,00
Tangible assets
EUR 18.630.635,89
Land / similar rights
EUR 6.691.708,14
Plant / machinery
EUR 7.553.762,72
Other tangible assets / fixtures and
fittings
EUR 2.922.352,76
Advance payments made / construction
in progress
EUR 1.462.812,27
Financial assets
EUR 11.471.954,74
Shares in participations /
subsidiaries and the like EUR
2.045.167,52
Shares in related companies
EUR 2.045.167,52
Securities included in fixed assets
EUR 9.412.287,22
Other loans
EUR 14.500,00
Current assets EUR 93.699.353,58
Stocks
EUR 25.292.911,73
Raw materials, consumables and
supplies
EUR 3.661.509,56
Finished goods / work in progress
EUR 21.631.402,17
Accounts receivable
EUR 67.337.107,23
Trade debtors
EUR 5.147.355,08
Amounts due from related companies
EUR 61.119.379,59
Other debtors and assets EUR 1.070.372,56
Liquid means
EUR 1.069.334,62
Remaining other assets
EUR 99.596,07
Accruals (assets)
EUR 99.596,07
LIABILITIES EUR 123.969.168,83
Shareholders' equity
EUR 59.870.975,71
Capital
EUR 30.000.000,00
Subscribed capital (share capital)
EUR 30.000.000,00
Reserves
EUR 21.248.435,70
Capital reserves
EUR 20.215.840,33
Retained earnings / revenue reserves EUR 1.032.595,37
Balance sheet profit/loss (+/-)
EUR 8.622.540,01
Profit / loss brought forward
EUR 8.622.540,01
Provisions
EUR 26.465.761,65
Pension provisions and comparable
provisions
EUR 19.240.035,10
Other
/ unspecified provisions EUR 7.225.726,55
Liabilities
EUR 37.632.431,47
Other liabilities
EUR 37.632.431,47
Trade creditors (for IAS incl. bills
of exchange) EUR 3.510.953,36
Liabilities from received advance
payments
EUR 19.908.942,79
Liabililties due to related companiesEUR 13.600.435,20
Unspecified other liabilities EUR 612.100,12
thereof liabilities from tax /
financial authorities
EUR 305.917,77
thereof liabilities from social
security
EUR 5.633,73
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 88.847.854,18
Inventory change + own costs (+/-)
EUR 42.921,92
Inventory change (+/-)
EUR -185.970,52
Capitalised own costs
EUR 228.892,44
Other operating income
EUR 10.201.473,51
Cost of materials
EUR 44.408.865,10
Raw materials and supplies, purchased
goods
EUR 39.786.333,02
Purchased services
EUR 4.622.532,08
Gross result (+/-)
EUR 54.683.384,51
Staff expenses
EUR 23.264.371,17
Wages and salaries
EUR 19.127.212,32
Social security contributions and
expenses for pension plans and
benefits
EUR 4.137.158,85
Total depreciation
EUR 2.089.102,43
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 2.089.102,43
Other operating expenses
EUR 19.539.610,65
Operating result from continuing
operations
EUR 9.790.300,26
Result from participating interests
(+/-)
EUR 69.816,83
Expenses / income from participations EUR 69.816,83
Income from transfer of profits
EUR 69.816,83
Interest result (+/-)
EUR -1.189.632,48
Interest and similar income
EUR 262.914,23
Interest and similar expenses
EUR 1.452.546,71
Other financial result
EUR 104.489,21
Income from securities and loans from
financial assets
EUR 104.489,21
Financial result (+/-)
EUR -1.015.326,44
Result from ordinary operations (+/-)
EUR 8.774.973,82
Other extraordinary income
EUR -12.271,01
thereof compensation payments to
minorities
EUR -12.271,01
Expenses
for transfer of profits to a
parent company
EUR 8.725.618,19
Income tax / refund of income tax (+/-)EUR 1.667,02
Other taxes / refund of taxes
EUR -38.751,64
Tax
(+/-) EUR -37.084,62
Annual surplus / annual deficit
EUR 0,00
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 126.591.302,18
Fixed assets
EUR 29.525.664,40
Intangible assets
EUR 119.719,68
Concessions, licences, rights
EUR 119.718,68
Goodwill EUR 1,00
Tangible assets
EUR 19.164.653,98
Land / similar rights
EUR 5.572.455,96
Plant / machinery
EUR 8.331.185,63
Other
tangible assets / fixtures and
fittings
EUR 3.068.769,52
Advance payments made / construction
in progress
EUR 2.192.242,87
Financial assets
EUR 10.241.290,74
Shares in participations /
subsidiaries and the like
EUR 2.045.167,52
Shares in related companies
EUR 2.045.167,52
Securities included in fixed assets
EUR 8.178.623,22
Other loans EUR 17.500,00
Current assets
EUR 96.998.632,71
Stocks
EUR 27.877.118,22
Raw materials, consumables and
supplies EUR 5.875.724,85
Finished goods / work in progress
EUR 22.001.393,37
Accounts receivable
EUR 67.685.237,07
Trade debtors
EUR 11.234.304,86
Amounts due from related companies
EUR 55.033.307,04
Other debtors and assets
EUR 1.417.625,17
Liquid means
EUR 1.436.277,42
Remaining other assets
EUR 67.005,07
Accruals (assets)
EUR 67.005,07
LIABILITIES EUR 126.591.302,18
Shareholders' equity
EUR 59.870.975,71
Capital
EUR 30.000.000,00
Subscribed capital (share capital)
EUR 30.000.000,00
Reserves
EUR 21.248.435,70
Capital reserves
EUR 20.215.840,33
Retained earnings / revenue reserves EUR 1.032.595,37
Balance sheet profit/loss (+/-)
EUR 8.622.540,01
Profit / loss brought forward
EUR 8.622.540,01
Provisions
EUR 27.145.551,00
Pension provisions and comparable
provisions
EUR 18.264.308,59
Other / unspecified provisions
EUR 8.881.242,41
Liabilities
EUR 39.574.775,47
Other liabilities
EUR 39.574.775,47
Trade creditors (for IAS incl. bills
of exchange)
EUR 3.600.713,28
Liabilities from received advance
payments
EUR 14.001.429,59
Liabililties
due to related companiesEUR
21.145.336,39
Unspecified other liabilities
EUR 827.296,21
thereof liabilities from tax /
financial authorities
EUR 422.224,07
thereof liabilities from social
security
EUR 9.622,23
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 162.176.008,47
Inventory change + own costs (+/-)
EUR 2.512.372,25
Inventory change (+/-)
EUR 2.336.679,26
Capitalised own costs
EUR 175.692,99
Other operating income
EUR 12.975.211,75
Cost of materials
EUR 105.597.897,43
Raw materials and supplies, purchased
goods
EUR 99.692.724,40
Purchased services
EUR 5.905.173,03
Gross result (+/-) EUR 72.065.695,04
Staff expenses
EUR 28.723.982,13
Wages and salaries
EUR 23.727.844,12
Social security contributions and
expenses for pension plans and
benefits EUR 4.996.138,01
Total depreciation
EUR 4.169.661,89
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 4.169.661,89
Other operating expenses
EUR 24.757.648,48
Operating result from continuing
operations
EUR 14.414.402,54
Result from participating interests
(+/-) EUR -18.748,18
Expenses for participations
EUR 18.748,18
Expenses for other participations
EUR 18.748,18
Interest result (+/-)
EUR -271.785,44
Interest and similar income
EUR 1.699.713,10
Interest and similar expenses
EUR 1.971.498,54
Other financial result
EUR -659.621,52
Depreciation on financial assets and
marketable securities
EUR 659.621,52
Financial result (+/-)
EUR -950.155,14
Result from ordinary operations (+/-)
EUR 13.464.247,40
Other extraordinary income
EUR -12.271,01
thereof compensation payments to
minorities
EUR 12.271,01
Expenses for transfer of profits to a
parent company
EUR 13.402.946,83
Income tax / refund of income tax (+/-)EUR -9.015,92
Other taxes / refund of taxes
EUR -40.013,64
Tax
(+/-)
EUR -49.029,56
Annual surplus / annual deficit
EUR 0,00
MIRA INFORM
REPORT
|
Report Date : |
17.11.2010 |
Company name & address
Sandvik Materials Technology Deutschland
GmbH
Heerdter Landstr. 229-243
40549 Düsseldorf
Post Box: 10 44 51
Telephone: 0211/5027-0
Telefax: 0211/5027-263
Homepage: www.smt.sandvik.com
E-Mail: stahl.de@sandvik.com
Synthesis
LEGAL FORM Private limited company
Date of foundation: 1948
Shareholders' agree-
ment: 02.11.1948
Registered on: 06.09.1957
Commercial Register: Local
court 40213 DÜSSELDORF
under: HRB 8210
Share capital:
EUR 30.000.000,00
Shareholder
Sandvik Holding GmbH
Heerdter Landstr. 229/243
40549 Düsseldorf
Legal form: Private limited company
Share capital: EUR 30.700.000,00
Share: EUR 29.795.480,00
Reg. Data: 11.11.1992
HRB 28954
40213 DÜSSELDORF
Profit transfer agreement
Shareholder:
Sandvik AB
S - Sandviken
Legal form: Other legal form
Share: EUR 204.520,00
Manager
Fritz Heinrich Strackerjahn
Alte Verler Str. 26a
33332 Gütersloh
authorized to jointly represent the company
born 09.04.1957
Manager:
Manfred Herder
40210 Düsseldorf
born 02.03.1963
Proxy
Stefan Schatz
64546 Mörfelden-Walldorf
authorized to jointly represent the company
born 11.01.1966
Proxy:
Dr. Michael Biermann
41515 Grevenbroich
authorized to jointly represent the company
born 07.03.1966
Proxy:
Kai Bockenheimer
Feldstr. 63
45549 Sprockhövel
authorized to jointly represent the company
born 19.05.1972
Proxy:
Dr. Ulf Quadflieg
41844 Wegberg
authorized to jointly represent the company
born 04.02.1972
Further functions/participations of
Manfred Herder (Manager)
Manager:
Sandvik Holding GmbH
Heerdter Landstr. 229/243
40549 Düsseldorf
Legal form: Private limited company
Share capital: EUR 30.700.000,00
Reg. Data: 11.11.1992
HRB 28954
40213 DÜSSELDORF
Manager:
Aubema Beteiligungsgesellschaft mbH
Kölner Str. 94
51702 Bergneustadt
Legal form: Private limited company
Share capital: EUR 50.000,00
Reg. Data: 14.02.2007
HRB 59732
50939
KÖLN 41
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 |
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.