MIRA INFORM
REPORT
|
Report Date : |
19.08.2011 |
Supplement
We refer to your
enquiry of 16.11.2010.In the meantime there
have been changes in particular in the following areas subject to monitoring: -
Balance sheets
Company name & address
Schneeberger Gesellschaft mit
beschränkter Haftung
Main
address:
Gräfenau 12
D 75339 Höfen
Telephone: 07081/782-0
Telefax: 07081/782-124
Homepage: www.schneeberger.com
E-mail: info@schneeberger.com
VAT no.
DE144602286
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 1923
Shareholders'
agreement: 17.06.1965
Registered on: 27.07.1965
Commercial Register: Local
court 70190 Stuttgart
under: HRB 330329
Share capital:
EUR 2,300,813.47
Shareholder
Schneeberger Holding AG
CH CH- Roggwil
Legal form: Public limited company
Share: EUR 2,300,813.47
Manager
Hans-Hermann Rahlmeyer
D 64683 Einhausen
having sole power of representation
born: 29.04.1961
Profession: Businessman
Proxy
Klaus-Dieter Götz
D 74372 Sersheim
authorized to jointly represent the company
born: 26.08.1959
Profession: Businessman
Proxy:
Egbert Strahler
D 75331 Engelsbrand
authorized to jointly represent the company
born: 27.05.1953
Proxy:
Christof Rechkemmer
D 75210 Keltern
authorized to jointly represent the company
born: 17.01.1964
Profession: Businessman
Marital status: married
Proxy:
Schönbach Peter
D 72820 Sonnenbühl
Further functions/participations of Hans-Hermann Rahlmeyer
(Manager)
Manager:
Spatz-Präzision GmbH
Im
Gründchen 5
D
63856 Bessenbach
Legal
form: Private limited company
dissolved
Share
capital: EUR 28,121.06
Registered
on: 21.07.1981
Reg.
data: 63739 Aschaffenburg, HRB 2143
BUSINESS ACTIVITIES
Sectors
28410 Manufacture of metal
forming machinery
PARTICIPATIONS
Shareholder:
Spatz-Präzision GmbH
Im
Gründchen 5
D
63856 Bessenbach
Legal form: Private limited
company
Company Status: dissolved since:
13.07.2010
Share
capital: EUR 28,121.06
Share: EUR 28,121.06
Reg. data: 21.07.1981
Local court 63739 Aschaffenburg
HRB 2143
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 Gräfenau 12
D 75339 Höfen
Type
of real estate: factory building
Value at selling price: EUR 7,669,000.00
Encumbrances: EUR 2,000,000.00
Land register documents
were not available.
BANKERS
Principal bank
BADEN-WÜRTTEMBERGISCHE BANK/LANDESBANK BADEN-WÜRTTEMBERG,
PFORZHEIM
Sort. code: 60050101, BIC: SOLADEST600
Further banks
KREISSPARKASSE CALW -ALT-, CALW
Sort. code: 60651070, BIC: PZHSDE66CAL
POSTBANK, STUTTGART
Sort. code: 60010070, BIC: PBNKDEFF600
FINANCIAL FIGURES
Turnover: 2009 EUR 44,664,619.00
Profit: 2009 EUR -3,999,757.00
Equipment: EUR 1,145,198.00
Ac/ts receivable: EUR 6,303,280.00
Liabillities: EUR 25,176,772.00
Real
estate of the firm:
EUR 7,669,000.00
Employees:
299
BALANCE SHEETS
Balance
sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 47.89
Liquidity ratio: 0.37
Return on total capital [%]: -10.87
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 55.37
Liquidity ratio: 0.77
Return on total capital [%]: 11.04
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 50.62
Liquidity ratio: 0.74
Return on total capital [%]: 7.44
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 36,895,383.50
Fixed assets
EUR 23,764,499.40
Intangible assets
EUR 133,126.42
Concessions, licences, rights
EUR 133,126.42
Tangible assets
EUR 23,631,372.98
Land / similar rights
EUR 12,504,273.24
Plant / machinery
EUR 5,965,823.49
Other tangible assets / fixtures and
fittings
EUR 1,145,198.16
Advance payments made / construction
in progress
EUR 4,016,078.09
Current assets
EUR 13,038,101.83
Stocks
EUR 6,489,243.29
Raw materials, consumables and
supplies
EUR 1,839,631.54
Finished goods / work in progress
EUR 4,649,611.75
Accounts receivable
EUR 6,303,280.68
thereof total due from shareholders
EUR 30,168.35
Trade debtors
EUR 5,135,115.49
Amounts due from related companies
EUR 516,263.30
Other debtors and assets
EUR 651,901.89
Liquid means
EUR 245,577.86
Remaining other assets
EUR 92,782.27
Accruals
(assets) EUR 92,782.27
thereof disagio
EUR 992.94
LIABILITIES EUR 36,895,383.50
Shareholders' equity
EUR 9,628,713.56
Capital
EUR 2,300,813.47
Subscribed capital (share capital)
EUR 2,300,813.47
Reserves
EUR 7,260,046.51
Capital reserves
EUR 7,260,046.51
Balance sheet profit/loss (+/-)
EUR 67,853.58
Profit / loss brought forward
EUR 4,067,610.95
Annual surplus / annual deficit
EUR -3,999,757.37
Provisions EUR 2,089,896.98
Pension provisions and comparable
provisions
EUR 1,307,679.00
Provisions for taxes
EUR 205,026.00
Other / unspecified provisions
EUR 577,191.98
Liabilities
EUR 25,176,772.96
thereof total due to shareholders
EUR 8,092,199.81
Financial debts
EUR 15,059,896.14
Liabilities due to banks
EUR 13,059,896.14
Loans / obligations / debentures
EUR 2,000,000.00
Other liabilities
EUR 10,116,876.82
Trade creditors (for IAS incl. bills
of exchange)
EUR 949,702.39
Liabililties due to related companiesEUR 8,846,173.77
Unspecified other liabilities
EUR 321,000.66
thereof liabilities from tax /
financial authorities
EUR 160,313.29
thereof
liabilities from social
security
EUR 7,784.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 44,664,618.84
Inventory change + own costs (+/-)
EUR -2,654,639.66
Inventory change (+/-)
EUR -2,654,639.66
Other operating income
EUR 729,241.63
Cost of materials
EUR 25,476,743.78
Raw materials and supplies, purchased
goods
EUR 21,320,224.20
Purchased services
EUR 4,156,519.58
Gross result (+/-)
EUR 17,262,477.03
Staff expenses
EUR 11,522,079.38
Wages and salaries
EUR 9,699,302.09
Social security contributions and
expenses for pension plans and
benefits
EUR 1,822,777.29
Total depreciation
EUR 2,676,989.31
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 2,676,989.31
Other operating expenses
EUR 5,864,777.18
Operating result from continuing
operations
EUR -2,801,368.84
Interest result (+/-)
EUR -1,232,159.91
Interest and similar income
EUR 58,289.71
thereof from related companies
EUR 0.00
Interest and similar expenses
EUR 1,290,449.62
thereof paid to related companies
EUR 414,470.55
Financial result (+/-)
EUR -1,232,159.91
Result from ordinary operations (+/-)
EUR -4,033,528.75
Income tax / refund of income tax (+/-)EUR 67,248.06
Other taxes / refund of taxes
EUR -33,476.68
Tax
(+/-) EUR 33,771.38
Annual surplus / annual deficit
EUR -3,999,757.37
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 43,339,236.30
Fixed assets
EUR 21,669,218.92
Intangible assets
EUR 230,062.87
Concessions, licences, rights
EUR 230,062.87
Tangible assets EUR 21,439,156.05
Land / similar rights
EUR 12,898,998.79
Plant / machinery
EUR 5,491,991.84
Other tangible assets / fixtures and
fittings
EUR 1,396,378.58
Advance payments made / construction
in progress
EUR 1,651,786.84
Current assets
EUR 21,540,453.74
Stocks
EUR 9,598,057.92
Raw materials, consumables and
supplies
EUR 2,293,806.51
Finished goods / work in progress
EUR 7,304,251.41
Accounts receivable
EUR 9,367,734.17
thereof
total due from shareholders EUR 0.00
Trade debtors
EUR 7,709,878.29
Amounts due from related companies
EUR 741,704.71
Other debtors and assets
EUR 916,151.17
Liquid means
EUR 2,574,661.65
Remaining other assets
EUR 129,563.64
Accruals (assets)
EUR 129,563.64
thereof disagio
EUR 3,309.78
LIABILITIES EUR 43,339,236.30
Shareholders' equity
EUR 15,028,470.93
Capital
EUR 2,300,813.47
Subscribed capital (share capital)
EUR 2,300,813.47
Reserves
EUR 7,260,046.51
Capital reserves
EUR 7,260,046.51
Balance sheet profit/loss (+/-)
EUR 5,467,610.95
Profit / loss brought forward
EUR 2,591,918.57
Annual surplus / annual deficit
EUR 2,875,692.38
Provisions
EUR 4,568,815.13
Pension provisions and comparable
provisions
EUR 1,203,726.00
Provisions for taxes
EUR 1,208,494.58
Other / unspecified provisions
EUR 2,156,594.55
Liabilities
EUR 23,741,950.24
thereof total due to shareholders
EUR 9,018,960.80
Financial debts
EUR 11,234,096.98
Liabilities due to banks
EUR 9,234,096.98
Loans / obligations / debentures
EUR 2,000,000.00
Other
liabilities EUR 12,507,853.26
Trade creditors (for IAS incl. bills
of exchange)
EUR 1,644,907.34
Liabililties due to related companiesEUR 10,012,605.23
Unspecified other liabilities
EUR 850,340.69
thereof liabilities from tax /
financial authorities
EUR 172,525.70
thereof liabilities from social
security
EUR 7,393.44
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 92,249,863.27
Inventory change + own costs (+/-)
EUR 1,061,908.63
Inventory change (+/-)
EUR 1,061,908.63
Other operating income
EUR 504,467.90
Cost of materials
EUR 58,147,914.00
Raw materials and supplies, purchased
goods
EUR 48,222,409.31
Purchased services
EUR 9,925,504.69
Gross result (+/-)
EUR 35,668,325.80
Staff expenses
EUR 15,511,484.06
Wages and salaries
EUR 13,283,136.07
Social security contributions and
expenses for pension plans and
benefits
EUR 2,228,347.99
Total depreciation
EUR 2,415,361.85
Depreciation
on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 2,415,361.85
Other operating expenses
EUR 9,767,661.94
Operating result from continuing
operations
EUR 7,973,817.95
Interest result (+/-)
EUR -1,049,407.01
Interest and similar income
EUR 31,293.66
thereof from related companies
EUR 0.00
Interest and similar expenses
EUR 1,080,700.67
thereof paid to related companies
EUR 407,233.11
Financial result (+/-)
EUR -1,049,407.01
Result from ordinary operations (+/-)
EUR 6,924,410.94
Extraordinary expenses
EUR 1,895,620.92
Extraordinary result (+/-)
EUR -1,895,620.92
Income tax / refund of income tax (+/-)EUR -2,122,144.63
Other taxes / refund of taxes
EUR -30,953.01
Tax
(+/-)
EUR -2,153,097.64
Annual surplus / annual deficit
EUR 2,875,692.38
MIRA INFORM
REPORT
|
Report Date : |
17.11.2010 |
IDENTIFICATION DETAILS
|
Correct Name : |
SCHNEEBERGER GESELLSCHAFT MIT BESCHRÄNKTER
HAFTUNG |
|
|
|
|
Registered Office : |
Gräfenau 12,
75339 Höfen |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2008 |
|
|
|
|
Date of Incorporation : |
27.07.1965 |
|
|
|
|
Com. Reg. No.: |
HRB 330329 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
Manufacturer
of metal forming machinery |
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 – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
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
Schneeberger Gesellschaft mit beschränkter Haftung
Gräfenau 12
75339 Höfen
Telephone: 07081/782-0
Telefax: 07081/782-124
Homepage: www.schneeberger.com
E-Mail: info@schneeberger.com
VAT no
DE144602286
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
Synthesis
LEGAL FORM Private
limited company
Date of foundation: 1923
Shareholders' agree-
ment: 17.06.1965
Registered on: 27.07.1965
Commercial Register: Local court 70190 STUTTGART 1
under: HRB
330329
Share capital: EUR 2.300.813,47
Shareholder
Schneeberger Holding AG
CH CH- Roggwil
Legal form: Public limited company
Share: EUR 2.300.813,47
Manager
Hans-Hermann Rahlmeyer
64683 Einhausen
having sole power of representation
born 29.04.1961
Occupation: Businessman
Proxy
Schönbach Peter
72820 Sonnenbühl
Proxy:
Klaus-Dieter Götz
74372 Sersheim
authorized to jointly represent the company
born 26.08.1959
Occupation: Businessman
Proxy:
Christof Rechkemmer
75210 Keltern
authorized to jointly represent the company
born 17.01.1964
Occupation: Businessman
Marital status: married
Proxy:
Egbert Strahler
75331 Engelsbrand
authorized to jointly represent the company
born 27.05.1953
Further functions/participations of
Hans-Hermann Rahlmeyer
(Manager)
Manager:
Spatz-Präzision GmbH
Im Gründchen 5
63856 Bessenbach
Legal form: Private limited company
dissolved
Share capital: EUR 28.121,06
Reg. Data: 21.07.1981
HRB 2143
63739 ASCHAFFENBURG
BUSINESS HISTORY
BUSINESS
ACTIVITIES
28410
Manufacture of metal forming machinery
PARTICIPATION
Shareholder:
Spatz-Präzision GmbH
Im Gründchen 5
63856 Bessenbach
Legal form: Private limited company
dissolved
Share capital: EUR 28.121,06
Share: EUR 28.121,06
Reg. Data: 21.07.1981
HRB 2143
63739 ASCHAFFENBURG
FINANCIAL INFORMATION
Payment experience: cash
discount/within agreed terms
REAL ESTATE
Type of ownership: proprietor
Share: 100,00 %
Address Gräfenau
12
75339 Höfen
Type of real estate: factory building
Value at selling price: EUR 7.669.000,00
Encumbrances: EUR 2.000.000,00
Land register documents were not available.
BANKERS
BADEN-WÜRTTEMBERGISCHE BANK/LANDESBANK BADEN-WÜRTTEMBERG,
PFORZHEIM
Sort. code: 60050101
KREISSPARKASSE CALW -ALT-, CALW
Sort. code: 60651070
POSTBANK, STUTTGART
Sort. code: 60010070
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2008 EUR 92.249.863,00
Profit: 2008 EUR 2.875.692,00
Share capital: EUR 2.300.813,47
Employees:
220
The aforementioned business figures may partly be estimated
information based on average values in the line of business.
BALANCE SHEETS
Type of balance sheet:
Company balance sheet
Financial year end: 31.12.2008
ASSETS 43.339.236,30
Fixed assets
21.669.218,92
Intangible assets 230.062,87
Concessions, licences, rights 230.062,87
Tangible assets 21.439.156,05
Land / similar rights 12.898.998,79
Plant / machinery 5.491.991,84
Other tangible assets / fixtures and
fittings 1.396.378,58
Advance payments made / construction in
progress
1.651.786,84
Current assets
21.540.453,74
Stocks 9.598.057,92
Raw materials, consumables and supplies 2.293.806,51
Finished goods / work in progress 7.304.251,41
Accounts receivable 9.367.734,17
thereof total due from shareholders 0,00
Trade debtors
7.709.878,29
Amounts due from related companies 741.704,71
Other debtors and assets 916.151,17
Liquid means
2.574.661,65
Remaining other assets 129.563,64
Accruals (assets) 129.563,64
thereof disagio 3.309,78
LIABILITIES
43.339.236,30
Shareholders' equity 15.028.470,93
Capital
2.300.813,47
Subscribed capital (share capital) 2.300.813,47
Reserves
7.260.046,51
Capital reserves 7.260.046,51
Balance sheet profit/loss (+/-) 5.467.610,95
Profit / loss brought forward
2.591.918,57
Annual surplus / annual deficit 2.875.692,38
Provisions
4.568.815,13
Pension provisions and comparable
provisions
1.203.726,00
Provisions for taxes 1.208.494,58
Other / unspecified provisions 2.156.594,55
Liabilities
23.741.950,24
thereof total due to shareholders 9.018.960,80
Financial debts
11.234.096,98
Liabilities due to banks 9.234.096,98
Loans / obligations / debentures 2.000.000,00
Other liabilities 12.507.853,26
Trade creditors (for IAS incl. bills of
exchange)
1.644.907,34
Liabililties due to related companies 10.012.605,23
Unspecified other liabilities 850.340,69
thereof liabilities from tax /
financial authorities 172.525,70
thereof liabilities from social
security
7.393,44
Profit and loss account (cost-summary
method) according to Comm. Code (HGB) 2.875.692,38
Sales
92.249.863,27
Inventory change + own costs (+/-) 1.061.908,63
Inventory change (+/-)
1.061.908,63
Other operating income 504.467,90
Cost of materials 58.147.914,00
Raw materials and supplies, purchased
goods
48.222.409,31
Purchased services 9.925.504,69
Gross result (+/-) 35.668.325,80
Staff expenses
15.511.484,06
Wages and salaries 13.283.136,07
Social security contributions and
expenses for pension plans and benefits 2.228.347,99
Total depreciation 2.415.361,85
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of bus. 2.415.361,85
Other operating expenses 9.767.661,94
Operating result from continuing
operations
7.973.817,95
Interest result (+/-)
-1.049.407,01
Interest and similar income 31.293,66
thereof from related companies 0,00
Interest and similar expenses 1.080.700,67
thereof paid to related companies 407.233,11
Financial result (+/-) -1.049.407,01
Result from ordinary operations (+/-) 6.924.410,94
Extraordinary expenses 1.895.620,92
Extraordinary result (+/-) -1.895.620,92
Income tax / refund of income tax (+/-) -2.122.144,63
Other taxes / refund of taxes -30.953,01
Tax
(+/-)
-2.153.097,64
Annual surplus / annual deficit 2.875.692,38
The given amounts are EUR values.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.61 |
|
|
1 |
Rs.75.32 |
|
Euro |
1 |
Rs.65.68 |
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.