MIRA INFORM
REPORT
|
Report Date : |
19.02.2011 |
IDENTIFICATION DETAILS
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Name : |
KLINGELNBERG GMBH |
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Registered Office : |
Peterstr. 45, D
42499 Hückeswagen |
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Country : |
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Financials (as on) : |
31.03.2010 |
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Date of Incorporation : |
26.06.1996 |
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Com. Reg. No.: |
HRB 37950 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Wholesale of Machine Tools. |
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 : |
250.000 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 – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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A2 |
A2 |
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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 and address
Klingelnberg GmbH
Peterstr. 45
D 42499
Hückeswagen
Telephone:02192/810
Telefax: 02192/81200
Homepage: www.klingelnberg.com
E-mail: info@klingelnberg.com
VAT
no
DE184637081
Tax ID number
221/5749/0125
Synthesis
LEGAL FORM Private
limited company
Date of foundation : 26.06.1996
Shareholders'
agreement : 26.06.1996
Registered on : 30.08.1996
Commercial
Register : Local court
50939 Köln
Under : HRB
37950
Share capital : EUR 15.338.756,44
Shareholder
Klingelnberg AG
CH 8005 Zürich
Legal form: Public
limited company
Share: EUR
15.338.756,44
Manager
Jan Klingelnberg
CH 8700 Küsnacht
authorized to
jointly represent the company
born: 07.12.1971
Profession:
Businessman
Manager:
Hartmuth Müller
D 42899
authorized to
jointly represent the company
born: 12.07.1959
Profession:
Businessman
Manager:
Thomas
Kirschenfauth
D 42899
authorized to
jointly represent the company
born: 25.08.1967
Profession:
Businessman
Proxy
Ulrich Hoferichter
Löwenberger Str. 6
D 51645
Gummersbach
authorized to jointly
represent the company
born: 25.09.1956
Profession:
graduate engineer
Marital status:
married
Proxy
Harald Blaß
D 42899
authorized to
jointly represent the company
born: 18.07.1951
Profession:
Businessman
Proxy:
Dieter Feuchter
D 70734 Fellbach
authorized to
jointly represent the company
born: 28.11.1943
Profession:
Businessman
Proxy:
Peter Biemer
D 42499
Hückeswagen
authorized to
jointly represent the company
born: 25.12.1960
Profession:
Businessman
Proxy:
Klaus Hackländer
D 42499 Hückeswagen
authorized to
jointly represent the company
born: 16.09.1949
Profession:
Businessman
Proxy:
Klaus Ozdyk
D 58507
Lüdenscheid
authorized to
jointly represent the company
born: 30.11.1947
Profession:
Businessman
Proxy:
Eike Michael Prinz
D 42929
Wermelskirchen
authorized to
jointly represent the company
born: 08.09.1961
Profession:
Businessman
Proxy:
Klaus Bernhard
Löber
Klobensteiner Str.
20b
D 81547 München
authorized to
jointly represent the company
born: 30.05.1964
Proxy:
Harald Breuer
D 42653
authorized to
jointly represent the company
born: 08.06.1956
Profession:
Businessman
Proxy:
Gerhard Mohr
D 42853
authorized to
jointly represent the company
born: 10.08.1960
Profession:
Businessman
Proxy:
Markus D. Schulte
Breikelchen 16
D 57462 Olpe
authorized to
jointly represent the company
born: 19.01.1967
Proxy:
Christian Michael
Fandrich
D 58452
authorized to
jointly represent the company
born: 17.02.1964
Profession:
Businessman
Proxy:
Ellen Ludwig
D 41460
authorized to
jointly represent the company
born: 05.09.1974
Proxy:
Dr. Marcus Stolz
D 42929
Wermelskirchen
authorized to
jointly represent the company
born: 08.10.1973
Proxy:
Prasad Kizhakel
CH Effretikon
authorized to
jointly represent the company
born: 05.10.1969
Nationality: Swiss
Further functions/participations of Jan Klingelnberg (Manager)
Manager:
MF GmbH
In der Fleute 18
D 42897
Legal form:
Private limited company
Share capital: EUR
10.000.000,00
Registered on:
12.09.2002
Reg. data: 42103
Manager:
KIK Automation
GmbH
Victoriaplatz 2
D 40477 Düsseldorf
Legal form:
Private limited company
Share capital: EUR
25.000,00
Registered on:
20.03.2007
Reg. data: 40213 Düsseldorf, HRB 55916
COMPANY HISTORY
30.08.1996 -
13.11.2001 Klingelnberg
Beteiligungs-GmbH
Peterstr. 45
D 42499
Hückeswagen
Private limited
company
13.11.2001 -
13.11.2001 Klingelnberg GmbH
Peterstr. 45
D 42499
Hückeswagen
Private limited
company
BUSINESS ACTIVITIES
Sectors
46620 Wholesale of machine tools
7010 Activities of head offices
BRANCHES AND FACTORIES
Branch:
Klingenberg GmbH
Im Stöck 2
D 76275 Ettlingen
TEL.: 07243/930-0
PARTICIPATIONS
General partner:
Klingelnberg Söhne
GmbH & Co.
Kommanditgesellschaft
Peterstr. 45
D 42499
Hückeswagen
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Company Status:
active
Total cap. EUR
5.624.210,69
contribution:
Reg. data: 18.11.1996
Local court 50939
Köln
HRA 16581
Limited partner:
Klingelnberg Söhne
GmbH & Co.
Kommanditgesellschaft
Peterstr. 45
D 42499
Hückeswagen
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Company Status:
active
Total cap. EUR
5.624.210,69
contribution:
Share: EUR
5.624.210,69
Reg. data: 18.11.1996
Local court 50939
Köln
HRA 16581
Shareholder
CM-DIGIT
Verwaltungs GmbH
Im Stöck 2
D 76275 Ettlingen
Legal form:
Private limited company
Company Status:
dissolved since: 15.07.2009
Share capital: EUR
25.564,59
Share: EUR 25.564,59
Reg. data: 02.12.1998
Local court 68159
HRB 362170
FINANCIAL INFORMATION
Payment experience : within agreed terms
Negative
information : We have no negative
information at hand.
Maximum credit : 250.000 EUR
Balance sheet
year: 2009/2010
REAL ESTATE
Type of ownership :
proprietor
Share : 100,00 %
Address Peterstr. 45
D
42499 Hückeswagen
Land register
documents were not available.
BANKERS
Principal bank
DEUTSCHE BANK,
Sort. code:
34070093, Account no.: 5050000, BIC: DEUTDEDW340
FINANCIAL FIGURES
Turnover: 2008/2009 EUR 169.122.548,00
2009/2010 EUR 115.221.464,00
Profit: 2008/2009 EUR 7.168.764,00
2009/2010 EUR 218.963,00
further business
figures:
Employees:
780
BALANCE SHEETS
Balance sheet
ratios 2009/2010
Equity ratio [%] : 47,48
Liquidity ratio : 0,88
Return on total
capital [%] : 0,22
Balance sheet
ratios 2008/2009
Equity ratio [%] : 54,28
Liquidity ratio : 1,02
Return on total
capital [%] : 6,27
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:
01.04.2009 - 31.03.2010
ASSETS EUR 99.887.586,62
Fixed
assets EUR 47.891.341,52
Intangible
assets EUR 802.130,60
Concessions, licences, rights
EUR 714.455,00
Goodwill
EUR 44.215,00
Advance
payments for intang. assets EUR 43.460,60
Tangible
assets EUR 47.081.541,54
Land /
similar rights EUR 24.801.582,95
Plant /
machinery EUR 18.161.086,14
Other
tangible assets / fixtures and
fittings
EUR 4.118.770,45
Advance
payments made / construction
in
progress
EUR 102,00
Financial
assets EUR 7.669,38
Securities
included in fixed assets EUR 7.669,38
Current
assets EUR 51.776.210,00
Stocks EUR 31.997.403,70
Raw materials,
consumables and
supplies
EUR 11.494.540,55
Finished
goods / work in progress EUR 22.573.327,04
Advance
payments made EUR 23.323,45
Minus
received advance payments for
orders /
installments for stocks EUR -2.093.787,34
Accounts
receivable EUR 19.573.407,01
Trade
debtors EUR 16.487.833,52
Amounts due
from related companies EUR 1.446.438,46
Other
debtors and assets EUR 1.639.135,03
Liquid
means EUR 205.399,29
Remaining
other assets EUR 220.035,10
Accruals
(assets) EUR 220.035,10
LIABILITIES EUR 99.887.586,62
Shareholders'
equity EUR 39.484.006,83
Capital EUR 15.338.756,44
Subscribed
capital (share capital) EUR 15.338.756,44
Reserves
EUR 10.135.502,57
Capital
reserves EUR 10.135.502,57
Balance
sheet profit/loss (+/-) EUR 14.009.747,82
Profit /
loss brought forward EUR 13.790.785,11
Annual
surplus / annual deficit EUR 218.962,71
Provisions EUR 30.138.846,56
Pension
provisions and comparable
provisions
EUR 8.069.995,00
Provisions
for taxes EUR 689.661,00
Other /
unspecified provisions EUR 21.379.190,56
Liabilities EUR 30.264.733,23
Financial
debts EUR
9.741.199,88
Liabilities
due to banks EUR 9.741.199,88
Other
liabilities EUR 20.523.533,35
Trade
creditors (for IAS incl. bills
of
exchange)
EUR 7.667.742,09
Liabilities
from received advance
payments
EUR 1.850.456,42
Liabililties due to related companiesEUR 9.363.098,62
Unspecified
other liabilities EUR 1.642.236,22
thereof liabilities
from tax /
financial
authorities EUR 516.000,00
thereof
liabilities from social
security
EUR 21.000,00
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 115.221.464,23
Inventory
change + own costs (+/-) EUR 570.418,43
Inventory
change (+/-) EUR -2.303.052,61
Capitalised
own costs EUR 2.873.471,04
Other
operating income EUR 1.356.930,93
Cost of
materials EUR 40.796.263,05
Raw
materials and supplies, purchased
goods EUR 35.120.794,77
Purchased
services EUR 5.675.468,28
Gross result
(+/-) EUR 76.352.550,54
Staff
expenses EUR 44.086.954,85
Wages and
salaries EUR 36.565.653,93
Social
security contributions and
expenses for
pension plans and
benefits
EUR 7.521.300,92
Total
depreciation EUR 7.289.920,67
Depreciation
on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 7.289.920,67
Other
operating expenses EUR 22.225.515,42
Operating
result from continuing
operations EUR 2.750.159,60
Interest
result (+/-) EUR -2.342.059,40
Interest and
similar income EUR 61.947,96
thereof
from related companies EUR 9.000,00
Interest and
similar expenses EUR 2.404.007,36
thereof
paid to related companies EUR 1.860.000,00
Financial
result (+/-) EUR -2.342.059,40
Result from
ordinary operations (+/-) EUR 408.100,20
Income tax /
refund of income tax (+/-)EUR
-129.462,97
Other taxes /
refund of taxes EUR -59.674,52
Tax
(+/-)
EUR -189.137,49
Annual
surplus / annual deficit EUR 218.962,71
Type of balance
sheet: Company balance sheet
Financial year:
01.04.2008 - 31.03.2009
ASSETS EUR 119.981.297,83
Fixed
assets EUR 51.711.740,90
Intangible
assets EUR 1.232.526,40
Concessions, licences, rights
EUR 1.126.477,00
Goodwill
EUR 79.595,00
Advance
payments for intang. assets EUR 26.454,40
Tangible
assets EUR
50.445.980,53
Land /
similar rights EUR 25.370.313,95
Plant /
machinery EUR 17.507.539,14
Other
tangible assets / fixtures and
fittings
EUR 4.288.169,45
Advance
payments made / construction
in
progress
EUR 3.279.957,99
Financial
assets EUR 33.233,97
Shares in
participations /
subsidiaries and the like
EUR 25.564,59
Shares in
related companies EUR 25.564,59
Securities
included in fixed assets EUR 7.669,38
Current
assets EUR 68.001.375,04
Stocks EUR
38.873.367,90
Raw
materials, consumables and
supplies
EUR 16.288.163,96
Finished
goods / work in progress EUR 24.876.379,65
Advance
payments made EUR 27.724,20
Minus
received advance payments for
orders /
installments for stocks EUR -2.318.899,91
Accounts
receivable EUR 28.917.038,08
Trade
debtors EUR 24.379.969,38
Amounts due
from related companies EUR 1.773.683,64
Other
debtors and assets EUR 2.763.385,06
Liquid
means EUR 210.969,06
Remaining
other assets EUR 268.181,89
Accruals
(assets) EUR 268.181,89
LIABILITIES EUR 119.981.297,83
Shareholders'
equity EUR 39.265.044,12
Capital EUR 15.338.756,44
Subscribed
capital (share capital) EUR 15.338.756,44
Reserves
EUR 10.135.502,57
Capital
reserves EUR 10.135.502,57
Balance
sheet profit/loss (+/-) EUR 13.790.785,11
Profit /
loss brought forward EUR 6.622.020,80
Annual
surplus / annual deficit EUR 7.168.764,31
Provisions EUR 26.603.372,18
Pension
provisions and comparable
provisions EUR 7.983.158,00
Provisions
for taxes EUR 733.874,00
Other /
unspecified provisions EUR 17.886.340,18
Liabilities EUR 54.112.881,53
Financial
debts EUR 12.910.369,84
Liabilities
due to banks EUR 12.910.369,84
Other
liabilities EUR 41.202.511,69
Trade
creditors (for IAS incl. bills
of
exchange) EUR 6.942.226,38
Liabilities
from received advance
payments
EUR 3.284.197,97
Liabililties due to related companiesEUR 26.606.571,14
Unspecified
other liabilities EUR
4.369.516,20
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 169.122.547,50
Inventory
change + own costs (+/-) EUR 3.482.228,39
Inventory change
(+/-) EUR -3.279.928,67
Capitalised
own costs EUR 6.762.157,06
Other
operating income EUR 1.844.958,05
Cost of
materials EUR 76.023.588,07
Raw
materials and supplies, purchased
goods EUR 60.868.519,99
Purchased
services EUR 15.155.068,08
Gross result
(+/-) EUR 98.426.145,87
Staff
expenses EUR 51.719.297,96
Wages and
salaries EUR 43.663.697,61
Social
security contributions and
expenses for
pension plans and
benefits
EUR 8.055.600,35
Total depreciation EUR 5.453.027,67
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 5.453.027,67
Other
operating expenses EUR 26.847.569,42
Operating
result from continuing
operations EUR 14.406.250,82
Interest
result (+/-) EUR -3.000.091,44
Interest and
similar income EUR 64.811,37
Interest and
similar expenses EUR 3.064.902,81
Financial
result (+/-) EUR -3.000.091,44
Result from
ordinary operations (+/-) EUR 11.406.159,38
Extraordinary
expenses EUR 314.533,70
Extraordinary
result (+/-) EUR -314.533,70
Income tax /
refund of income tax (+/-)EUR
-3.862.233,25
Other taxes /
refund of taxes EUR -60.628,12
Tax
(+/-)
EUR -3.922.861,37
Annual
surplus / annual deficit EUR 7.168.764,31
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.18 |
|
|
1 |
Rs.73.04 |
|
Euro |
1 |
Rs.61.43 |
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 |
|
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NB |
New Company |
---- |
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.