MIRA INFORM REPORT

 

 

Report Date :

19.02.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

NACHRICHTENTECHNIK EMMERL VERTRIEBS-GMBH

 

 

Registered Office :

Gewerbestr. 14, D 84570 Polling

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

16.07.1992

 

 

Com. Reg. No.:

HRB 7680

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale of Electronic and Telecommunications Equipment and Parts

 

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 176.000

Status :

Good

Payment Behaviour :

Regular

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)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Company name

 

Nachrichtentechnik Emmerl Vertriebs-GmbH

 

 

Company address

 

Gewerbestr. 14

D 84570 Polling

Telephone:08633/89820

Telefax:  08633/898299

Homepage: www.emmerl.de

E-mail:   info@emmerl.de

 

 

VAT no

         

DE129264174

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM                           Private limited company

Date of foundation                      :28.02.1992

Shareholders' agreement:           28.02.1992

Registered on                            :16.07.1992

Commercial Register                  : Local court 83278 Traunstein

Under                                        : HRB 7680

Share capital                             : EUR 30.677,51

 

 

Shareholder

 

Werner Emmerl

Gewerbestr. 14

D 84570 Polling

born: 1956

Share: EUR 30.677,51

 

Manager

 

Werner Emmerl

Gewerbestr. 14

D 84570 Polling

born: 1956

Profession: Communications engineer

Marital status: married

 

 

BUSINESS ACTIVITIES

 

Sectors

46520   Wholesale of electronic and telecommunications equipment and parts

 

 

FINANCIAL INFORMATION

 

Payment experience      : within agreed terms

 

Negative information       :We have no negative information at hand.

 

Maximum credit             :176.000 EUR

 

Balance sheet year:       2009

 

 

REAL ESTATE

 

Type of ownership          : proprietor

Share                            : 100,00 %

Address                        Gewerbestr. 14

D 84570 Polling

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE ALTÖTTING-MÜHLDORF, MÜHLDORF A. INN

Sort. code: 71151020, BIC: BYLADEM1MDF

 

RAIFFEISENBANK WEILHEIM, POLLING, KR WEILHEIM-SCHONGAU

Sort. code: 70169602, BIC: GENODEF1WM1

 

 

FINANCIAL FIGURES

 

Turnover:                                   2009               EUR          8.800.000,00

2010               EUR          8.802.000,00

further business figures:

Employees:                                                                               30

 

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 [%]                          : 58,60

Liquidity ratio                             :  8,38

Return on total capital [%]          : 39,62

 

Balance sheet ratios                  2008

Equity ratio [%]                          : 20,26

Liquidity ratio                             :   1,07

 

Balance sheet ratios                  2007

Equity ratio [%]                          : 52,04

Liquidity ratio                             :   4,89

Return on total capital [%]          : 46,62

 

 

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          1.784.650,80

  Fixed assets                           EUR            349.887,49

   Intangible assets                     EUR                 70,00

    Other / unspecified intangible assetsEUR                 70,00

   Tangible assets                       EUR            147.791,00

    Other / unspecified tangible assets  EUR            147.791,00

   Financial assets                      EUR            202.026,49

    Other / unspecified financial assets EUR            202.026,49

  Current assets                         EUR          1.424.802,33

   Stocks                                EUR            113.613,10

   Accounts receivable                   EUR            988.832,71

    Other debtors and assets             EUR            988.832,71

   Liquid means                          EUR            322.356,52

  Remaining other assets                 EUR              9.960,98

   Accruals (assets)                     EUR              9.960,98

 

 LIABILITIES                             EUR          1.784.650,80

  Shareholders' equity                   EUR          1.045.795,17

   Capital                               EUR             30.677,51

    Subscribed capital (share capital)   EUR             30.677,51

   Balance sheet profit/loss (+/-)       EUR          1.015.117,66

    Profit / loss brought forward        EUR            308.128,34

    Annual surplus / annual deficit      EUR            706.989,32

  Provisions                             EUR            298.513,50

  Liabilities                            EUR            440.342,13

   Other liabilities                     EUR            440.342,13

    Unspecified other liabilities        EUR            440.342,13

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2008 - 31.12.2008

 

 ASSETS                                  EUR          1.655.280,32

  Fixed assets                           EUR            371.861,03

   Intangible assets                     EUR              3.190,00

   Tangible assets                       EUR            178.679,00

   Financial assets                      EUR            189.992,03

  Current assets                         EUR          1.277.773,96

   Stocks                                EUR            152.185,50

   Accounts receivable                   EUR            883.362,05

   Liquid means                          EUR            242.226,41

  Remaining other assets                 EUR              5.645,33

   Accruals (assets)                     EUR              5.645,33

 

 LIABILITIES                             EUR          1.655.280,32

  Shareholders' equity                   EUR            336.603,51

   Capital                               EUR             30.677,51

    Subscribed capital (share capital)   EUR             30.677,51

   Balance sheet profit/loss (+/-)       EUR            305.926,00

    Profit / loss brought forward        EUR             74.433,98

    Annual surplus / annual deficit      EUR                  0,00

    Balance sheet profit / loss          EUR            231.492,02

  Provisions                             EUR            253.860,50

  Liabilities                            EUR          1.064.816,31

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.18

UK Pound

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

----

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.