MIRA INFORM
REPORT
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Report Date : |
09.08.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
OLEO-CHEMIE GESELLSCHAFT MBH |
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Registered Office : |
Am Neuländer Baggerteich 2, D 21079 |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
23.02.1979 |
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Com. Reg. No.: |
HRB 22947 |
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Legal Form : |
Private Limited Company |
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Line of Business :` |
Wholesale of petroleum products |
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 : |
23.500 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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Germany |
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
OLEO-Chemie Gesellschaft mbH
Main address:
Am Neuländer Baggerteich 2
D 21079
Telephone: 040/7661630
Telefax:
040/76616340
Homepage: www.oleo-chemie.de
E-mail:
info@oleo-chemie.de
Synthesis
LEGAL FORM Private limited company
Date of foundation: 1978
Registered on: 23.02.1979
Commercial Register: Local
court 20355
under: HRB 22947
Share capital:
EUR 25.600,00
Shareholder
Edda Meywald
Bei den Hünengräbern 33
D 21220 Seevetal
born: 21.01.1940
née: Schewiola
Share: EUR 12.800,00
Shareholder:
Ann Christine Meywald
D 21079
born: 21.02.1969
Share: EUR 6.400,00
Shareholder:
Sandra Meywald-Layes
D 20095
born: 26.12.1970
née: Meywald
Share: EUR 6.400,00
Manager
Ann Christine Meywald
D 21079
having sole power of representation
born: 21.02.1969
Profession: Businessman
Proxy
Sandra Meywald-Layes
D 20095
having sole power of representation
born: 26.12.1970
née: Meywald
Proxy:
Martin Meywald
D 21079
authorized to jointly represent the company
born: 25.01.1971
Further functions/participations
of Ann Christine Meywald
(Manager)
Limited
partner:
TOSENO GmbH u. Co.KG
Am Neuländer Baggerteich 2
D 21079
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 51.129,17
contribution:
Share: EUR 10.813,82
Registered
on:
10.03.1993
Reg. data:
20355
Shareholder:
TOSENO-Beteiligungs-GmbH
Am Neuländer Baggerteich 2
D 21079
Legal form: Private limited company
Share capital: EUR 26.000,00
Share:
EUR 5.500,00
Registered
on:
17.03.1993
Reg. data:
20355
Manager:
TOSENO-Beteiligungs-GmbH
Am Neuländer Baggerteich 2
D 21079
Legal form: Private limited company
Share capital: EUR 26.000,00
Registered
on:
17.03.1993
Reg. data:
20355
COMPANY HISTORY
24.05.1993 - 31.05.1996
OLEO-Chemie Gesellschaft mbH
Heidenkampsweg 84
D 20097
Private limited company
BUSINESS ACTIVITIES
Sectors
46712 Wholesale of petroleum
products
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information: We have
no negative information at hand.
Maximum credit: 23.500 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Am Neuländer Baggerteich 2
D 21079
Land register documents were not available.
BANKERS
BERENBERG, JOH. - GOSSLER & CO,
Sort. code: 20120000, BIC: BEGODEHHXXX
FINANCIAL FIGURES
Turnover: 2009 EUR 1.380.000,00
Employees:
6
The aforementioned business figures may partly be estimated information
based on average values in the line of business.
BALANCE SHEETS
Balance
sheet ratios 2009
Equity
ratio [%]: 70,39
Liquidity
ratio: 10,00
Return
on total capital [%]: 6,16
Balance
sheet ratios 2008
Equity
ratio [%]: 70,25
Liquidity
ratio: 10,00
Return
on total capital [%]: -2,81
Balance
sheet ratios 2007
Equity
ratio [%]: 71,37
Liquidity
ratio: 10,00
Return
on total capital [%]: 3,80
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 3.164.953,71
Fixed assets EUR 51.872,50
Intangible assets EUR 11.423,50
Other / unspecified intangible assetsEUR 11.423,50
Tangible assets EUR 40.449,00
Other / unspecified tangible assets EUR 40.449,00
Current assets EUR 3.107.983,33
Stocks EUR 1.412.541,10
Accounts receivable EUR 634.639,57
Other debtors and assets EUR 634.639,57
Liquid means EUR 1.060.802,66
Remaining other assets EUR 5.097,88
Accruals (assets) EUR 5.097,88
LIABILITIES EUR 3.164.953,71
Shareholders' equity EUR 1.921.254,89
Capital
EUR 25.600,00
Subscribed capital (share capital) EUR 25.600,00
Balance sheet profit/loss (+/-) EUR 1.895.654,89
Balance sheet profit / loss EUR 1.895.654,89
Provisions EUR 367.869,97
Liabilities EUR 875.828,85
thereof total due to shareholders EUR 308.314,33
Other liabilities EUR 875.828,85
Unspecified other liabilities EUR 875.828,85
Type
of balance
sheet: Company balance sheet
Financial
year: 01.01.2008 - 31.12.2008
ASSETS EUR 2.988.571,31
Fixed assets
EUR 50.290,50
Intangible assets EUR 113,50
Tangible assets EUR 50.177,00
Current assets EUR 2.933.751,80
Stocks EUR 1.078.408,29
Accounts receivable EUR 369.291,39
Liquid means EUR 1.486.052,12
Remaining other assets EUR 4.529,01
Accruals (assets) EUR 4.529,01
LIABILITIES EUR 2.988.571,31
Shareholders' equity EUR 1.726.586,05
Capital EUR 25.600,00
Subscribed capital (share capital) EUR 25.600,00
Balance sheet profit/loss (+/-) EUR 1.700.986,05
Balance sheet profit / loss EUR 1.700.986,05
Provisions EUR 384.841,23
Liabilities EUR 877.144,03
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.96 |
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|
1 |
Rs.73.94 |
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Euro |
1 |
Rs.64.56 |
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 |
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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.