MIRA
INFORM REPORT
|
Report Date : |
16.07.2011 |
Supplement
We refer to your
enquiry of29.03.2011. In the meantime there have been changes in particular in
the following areas subject to monitoring:- Legal form
Company name & address
Alexanderwerk Aktiengesellschaft
Main address:
Kippdorfstr. 6-24
D 42857 Remscheid
Post Box:
10 01 63, D 42801 Remscheid
Telephone: 02191/795-0
Telefax: 02191/795249
Homepage: www.alexanderwerk.de
E-mail: info@alexanderwerk.de
VAT no
DE120773932
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Public limited company
Date of foundation: 1885
Registered on: 02.10.1899
Commercial Register: Local
court 42103 Wuppertal
under: HRB 10979
Share capital:
EUR 4,680,000.00
The company is listed on the stock market.
Shareholder
Impera Total Return AG
Savignystr. 63
D 60325 Frankfurt
Legal form: Public limited company
Share capital: EUR 6,336,000.00
Share: 9.960 %
Registered on: 12.03.2003
Reg. data: 60313 Frankfurt, HRB 56564
Member of the
Board of Directors
Jürgen Ferdinand Kullmann
D 50667 Köln
born: 28.06.1951
Profession: Chemist
Marital status: married
President of
the Supervisory Board
Franz-Bernd
Daum
D 50667 Köln
born: 31.12.1959
Profession: Businessman
Further functions/participations of
Jürgen Ferdinand Kullmann
(Member of the
Board of Directors)
Proprietor:
Jürgen
F. Kullmann Extern e.K.
Eduard-Berdel-Str. 15
D
56203 Höhr-Grenzhausen
Legal
form: Sole proprietorship dissolved
Registered
on: 12.10.2004
Reg.
data: 56410 Montabaur, HRA 4480
Shareholder:
solvendus GmbH
Rochusweg 27
D
53129 Bonn
Legal
form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 5,000.00
Registered
on: 24.08.2009
Reg.
data: 53111 Bonn, HRB 17330
Manager:
Arnz
FLOTT GmbH
Vieringhausen 131
D
42857 Remscheid
Post
Box:
13 01
20, D 42816 Remscheid
Legal
form: Private limited company
insolvent
Share
capital: EUR 1,000,000.00
Registered
on: 22.07.2002
Reg.
data: 42103 Wuppertal, HRB 12390
Manager:
Alexanderwerk Produktions GmbH
Kippdorfstr. 6-24
D
42857 Remscheid
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 23.12.2010
Reg.
data: 42103 Wuppertal, HRB 23193
Manager:
Alexanderwerk GmbH
Kippdorfstr. 6-24
D 42857 Remscheid
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 22.12.2010
Reg.
data: 42103 Wuppertal, HRB 23189
Manager:
FLOTT
Verwaltungsgesellschaft mbH
Vieringhausen 131
D
42857 Remscheid
Legal
form: Private limited company dormant
Share capital: EUR 25,564.59
Registered
on: 02.03.1984
Reg.
data: 42103 Wuppertal, HRB 11283
Manager:
extern
media GmbH
Wilhelm-Mangels-Str. 14
D
56410 Montabaur
Legal
form: Private limited company
insolvent
Share
capital: EUR 25,000.00
Registered
on: 12.09.2003
Reg.
data: 56410 Montabaur, HRB 7299
Manager:
Arnz
Verwaltungs- und Handelsgesellschaft
mbH
Vieringhausen
131
D
42857 Remscheid
Legal
form: Private limited company
insolvent
Share
capital: EUR 30,779.77
Registered
on: 20.12.1983
Reg.
data: 42103 Wuppertal, HRB 11274
Proxy:
solvendus GmbH
Rochusweg 27
D
53129 Bonn
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 24.08.2009
Reg.
data: 53111 Bonn, HRB 17330
COMPANY HISTORY
1885 - 02.10.1899 Alexander von der Nahmer GmH
D 42857 Remscheid
Private limited company
02.10.1899 -
02.10.1899 Alexanderwerk Aktiengesellschaft
D 42857 Remscheid
Public limited company
RESIGNED ACTING PERSONS AND
SHAREHOLDERS
05.12.2006 -
01.12.2010 Vice-president of the
Supervisory Board
Peter Seigert
D
53797 Lohmar
12.11.2007 - 20.10.2009 Member of the Board of Directors
Ilkay Arici
D
48336 Sassenberg
30.09.2008 -
27.08.2009 Member of the Board of
Directors
Maria-Elisabeth Ostermann-Müller
D 49808 Lingen
BUSINESS ACTIVITIES
Sectors
70101 Management of
holding companies
PARTICIPATIONS
Shareholder:
Eschebach Gesellschaft mit beschränkter
Haftung
Kippdorfstr. 6-24
D
42857 Remscheid
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 115,100.00
Share: EUR 115,100.00
Reg.
data: 27.05.1950
Local court 42103 Wuppertal
HRB 10983
Shareholder:
AlexanderSolia GmbH
Hastener Str. 136-138
D
42855 Remscheid
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 100,000.00
Share: EUR 51,000.00
Reg.
data: 28.11.2006
Local court 42103 Wuppertal
HRB 20108
Shareholder:
AlexanderwerkService GmbH
Kippdorfstr. 6-24
D
42857 Remscheid
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 49,020.00
Share: EUR 49,020.00
Reg.
data: 26.03.2010
Local court 42103 Wuppertal
HRB 22658
Shareholder:
Alexanderwerk
Produktions GmbH
Kippdorfstr. 6-24
D
42857 Remscheid
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 23.12.2010
Local court 42103 Wuppertal
HRB 23193
Shareholder:
Alexanderwerk GmbH
Kippdorfstr. 6-24
D
42857 Remscheid
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 22.12.2010
Local court 42103 Wuppertal
HRB 23189
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Maximum credit: 207,500
EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address Kippdorfstr. 6-24
D 42857 Remscheid
Real Estate of: Jürgen Ferdinand Kullmann
Type of ownership: proprietor
Share: 100.00 %
Address Eduard-Berdel-Str. 15
D 56203 Höhr-Grenzhausen
Land register documents
were not available.
BANKERS
Principal bank
COMMERZBANK, REMSCHEID
Sort. code: 34040049, BIC: COBADEFF340
Further banks
STADTSPARKASSE REMSCHEID, REMSCHEID
Sort. code: 34050000, BIC: WELADEDRXXX
DEUTSCHE BANK, REMSCHEID
Sort. code: 34070093, BIC: DEUTDEDW340
POSTBANK, KÖLN
Sort. code: 37010050, BIC: PBNKDEFF370
FINANCIAL FIGURES
Turnover: 2009 EUR 11,533,630.00
Profit: 2009 EUR -523,303.00
Equipment: EUR 197,463.00
Ac/ts receivable: EUR 4,033,044.00
Liabillities: EUR 4,724,331.00
Employees: 10
BALANCE SHEETS
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 22.72
Liquidity ratio: 1.28
Return on total capital [%]: -1.14
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 27.37
Liquidity ratio: 1.26
Return on total capital [%]: 5.36
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 9,257,721.56
Fixed assets
EUR 1,031,498.47
Intangible assets
EUR 105,279.00
Concessions, licences, rights
EUR 105,279.00
Tangible assets EUR 371,098.19
Land / similar rights
EUR 40,140.02
Plant / machinery
EUR 133,495.00
Other tangible assets / fixtures and
fittings
EUR 197,463.17
Financial assets
EUR 555,121.28
Shares in participations /
subsidiaries and the like
EUR 555,121.28
Shares in related companies
EUR 555,121.28
Current
assets EUR 8,200,020.26
Stocks
EUR 2,581,393.55
Raw materials, consumables and
supplies
EUR 131,735.57
Finished goods / work in progress
EUR 2,440,004.38
Advance payments made
EUR 9,653.60
Accounts receivable
EUR 4,033,044.18
Trade debtors
EUR 2,237,348.43
Amounts due from related companies
EUR 1,524,312.92
Other debtors and assets
EUR 271,382.83
Liquid means
EUR 1,585,582.53
Remaining other assets
EUR 26,202.83
Accruals (assets)
EUR 26,202.83
LIABILITIES EUR 9,257,721.56
Shareholders' equity
EUR 2,144,385.18
Capital
EUR 4,680,000.00
Subscribed capital (share capital)
EUR 4,680,000.00
Reserves
EUR 1,670,178.86
Capital reserves
EUR 629,872.27
Retained earnings / revenue reserves EUR 1,040,306.59
Balance sheet profit/loss (+/-)
EUR -4,205,793.68
Balance sheet profit / loss
EUR -4,205,793.68
Provisions
EUR 2,389,004.98
Pension provisions and comparable
provisions
EUR 1,010,474.00
Provisions for taxes
EUR 21,000.00
Other / unspecified provisions
EUR 1,357,530.98
Liabilities
EUR 4,724,331.40
Financial debts
EUR 2,050,000.00
Liabilities due to banks
EUR 2,050,000.00
Other liabilities
EUR 2,674,331.40
Trade creditors (for IAS incl. bills
of exchange)
EUR 1,079,589.90
Liabilities from received advance
payments
EUR 889,428.70
Liabililties due to related companiesEUR 4,176.85
Unspecified other liabilities
EUR 701,135.95
thereof liabilities from tax /
financial authorities
EUR 78,324.26
thereof liabilities from social
security
EUR 608,348.39
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 11,533,629.79
Inventory change + own costs (+/-)
EUR -92,476.63
Inventory change (+/-) EUR -92,476.63
Other operating income
EUR 439,197.23
Cost of materials
EUR 3,390,219.22
Raw materials and supplies, purchased
goods
EUR 2,710,848.17
Purchased services
EUR 679,371.05
Gross result (+/-)
EUR 8,490,131.17
Staff expenses
EUR 5,212,679.68
Wages and salaries EUR
4,093,736.23
Social security contributions and
expenses for pension plans and
benefits
EUR 1,118,943.45
Total depreciation
EUR 184,995.35
Depreciation
on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 184,995.35
Other operating expenses
EUR 2,999,629.14
Operating result from continuing
operations
EUR 92,827.00
Interest result (+/-)
EUR -142,065.36
Interest and similar income
EUR 43,678.35
thereof from related companies
EUR 36,859.30
Interest and similar expenses
EUR 185,743.71
Financial result (+/-)
EUR -142,065.36
Result from ordinary operations (+/-)
EUR -49,238.36
Extraordinary expenses
EUR 418,613.06
Extraordinary result (+/-)
EUR -418,613.06
Other taxes / refund of taxes
EUR -55,451.31
Tax
(+/-)
EUR -55,451.31
Annual surplus / annual deficit
EUR -523,302.73
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 9,485,278.48
Fixed assets
EUR 1,166,619.47
Intangible assets
EUR 198,155.00
Concessions, licences, rights
EUR 198,155.00
Tangible assets
EUR 413,343.19
Land / similar rights
EUR 42,031.02
Plant / machinery
EUR 152,166.00
Other tangible assets / fixtures and
fittings
EUR 219,146.17
Financial assets
EUR 555,121.28
Shares in participations /
subsidiaries and the like
EUR 555,121.28
Shares in related companies
EUR 555,121.28
Current assets
EUR 8,302,878.01
Stocks EUR 2,854,770.10
Raw materials, consumables and
supplies
EUR 239,444.51
Finished goods / work in progress
EUR 2,532,481.01
Advance payments made EUR 82,844.58
Accounts receivable
EUR 3,975,263.42
Trade debtors
EUR 2,474,555.69
Amounts due from related companies
EUR 1,267,124.10
Other debtors and assets
EUR 233,583.63
Liquid means
EUR 1,472,844.49
Remaining other assets
EUR 15,781.00
Accruals (assets)
EUR 15,781.00
LIABILITIES EUR 9,485,278.48
Shareholders' equity
EUR 2,667,687.91
Capital
EUR 4,680,000.00
Subscribed capital (share capital)
EUR 4,680,000.00
Reserves
EUR 1,670,178.86
Capital reserves
EUR 629,872.27
Retained earnings / revenue reserves EUR 1,040,306.59
Balance sheet profit/loss (+/-)
EUR -3,682,490.95
Balance sheet profit / loss
EUR -3,682,490.95
Provisions
EUR 2,185,432.01
Pension provisions and comparable
provisions
EUR 1,038,087.00
Other / unspecified provisions EUR 1,147,345.01
Liabilities
EUR 4,632,158.56
Financial debts
EUR 2,050,752.91
Liabilities due to banks
EUR 2,050,752.91
Other liabilities
EUR 2,581,405.65
Trade creditors (for IAS incl. bills
of exchange)
EUR 1,436,448.82
Liabilities from received advance
payments EUR 404,576.93
Unspecified other liabilities
EUR 740,379.90
thereof liabilities from tax /
financial authorities
EUR 68,374.00
thereof liabilities from social
security EUR 633,859.51
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 14,027,113.20
Inventory change + own costs (+/-)
EUR -827,577.58
Inventory change (+/-)
EUR -827,577.58
Other operating income
EUR 1,325,403.69
Cost of materials
EUR 4,881,574.29
Raw materials and supplies, purchased
goods EUR 4,086,743.65
Purchased services
EUR 794,830.64
Gross result (+/-)
EUR 9,643,365.02
Staff expenses
EUR 5,300,500.25
Wages and salaries
EUR 4,228,182.34
Social security contributions and
expenses for pension plans and
benefits
EUR 1,072,317.91
Total depreciation
EUR 165,114.50
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 165,114.50
Other operating expenses
EUR 3,418,676.56
Operating result from continuing
operations
EUR 759,073.71
Interest result (+/-)
EUR -220,017.20
Interest and similar income
EUR 15,996.92
Interest and similar expenses EUR 236,014.12
Financial result (+/-)
EUR -220,017.20
Result from ordinary operations (+/-)
EUR 539,056.51
Extraordinary income
EUR 595,297.31
Extraordinary expenses EUR 1,627,016.50
Extraordinary result (+/-)
EUR -1,031,719.19
Other taxes / refund of taxes
EUR -36,018.68
Tax
(+/-)
EUR -36,018.68
Annual surplus / annual deficit
EUR -528,681.36
IDENTIFICATION DETAILS
|
Name : |
ALEXANDERWERK AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Kippdorfstr. 6-24 D 42857 Remscheid Post Box 10 01 63, D 42801
Remscheid |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
02.10.1899 |
|
|
|
|
Com. Reg. No.: |
HRB 10979 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Manufacture of tools |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
173.000 EUR |
|
Status : |
Satisfactory |
|
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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Name and address
Alexanderwerk Aktiengesellschaft
Company Status: active
Main
address:
Kippdorfstr. 6-24
D 42857 Remscheid
Post Box:
10 01 63, D 42801 Remscheid
Telephone:02191/795-0
Telefax: 02191/795249
Homepage: www.alexanderwerk.de
E-mail:
info@alexanderwerk.de
VAT no.
DE120773932
CONCLUSION
Business relations are
permissible.
Registration data
LEGAL FORM Public
limited company
Date of foundation: 1885
Registered on: 02.10.1899
Commercial Register: Local court 42103 Wuppertal
under: HRB 10979
Share capital
EUR 4.680.000,00
The company is listed on the stock market.
Member of the Board of Directors
Jürgen Ferdinand Kullmann
D 50667 Köln
born: 28.06.1951
Profession: Chemist
Marital status: married
President of the
Supervisory Board:
Franz-Bernd Daum
D 50667 Köln
born: 31.12.1959
Profession: Businessman
Further functions/participations of Jürgen Ferdinand Kullmann
(Member of the Board of Directors)
Proprietor:
Jürgen F. Kullmann Extern e.K.
Eduard-Berdel-Str. 15
D 56203 Höhr-Grenzhausen
Legal form: Sole proprietorship dissolved
Registered
on: 12.10.2004
Reg. data: 56410 Montabaur,
HRA 4480
Shareholder:
Solvendus GmbH
Rochusweg 27
D 53129 Bonn
Legal form: Private limited company
Share capital: EUR 25.000,00
Share: EUR 5.000,00
Registered
on: 24.08.2009
Reg. data: 53111 Bonn, HRB
17330
Manager:
Arnz FLOTT GmbH
Vieringhausen 131
D 42857 Remscheid
Post Box:
13 01 20, D 42816 Remscheid
Legal form: Private limited company
insolvent
Share capital: EUR 1.000.000,00
Registered
on: 22.07.2002
Reg. data: 42103 Wuppertal,
HRB 12390
Manager:
Arnz Verwaltungs- und Handelsgesellschaft
mbH
Vieringhausen 131
D 42857 Remscheid
Legal form: Private limited company
insolvent
Share capital: EUR 30.779,77
Registered
on: 20.12.1983
Reg. data: 42103 Wuppertal,
HRB 11274
Manager:
extern media GmbH
Wilhelm-Mangels-Str. 14
D 56410 Montabaur
Legal form: Private limited company
insolvent
Share capital: EUR 25.000,00
Registered
on: 12.09.2003
Reg. data: 56410 Montabaur,
HRB 7299
Manager:
FLOTT Verwaltungsgesellschaft mbH
Vieringhausen 131
D 42857 Remscheid
Legal form: Private limited company dormant
Share capital: EUR 25.564,59
Registered
on: 02.03.1984
Reg. data: 42103 Wuppertal,
HRB 11283
Manager:
Alexanderwerk GmbH
Kippdorfstr. 6-24
D 42857 Remscheid
Legal form: Private limited company
Share capital: EUR 25.000,00
Registered
on: 22.12.2010
Reg. data: 42103 Wuppertal,
HRB 23189
Manager:
Alexanderwerk Produktions GmbH
Kippdorfstr. 6-24
D 42857 Remscheid
Legal form: Private limited company
Share capital: EUR 25.000,00
Registered
on: 23.12.2010
Reg. data: 42103 Wuppertal,
HRB 23193
Proxy:
Solvendus GmbH
Rochusweg 27
D 53129 Bonn
Legal form: Private limited company
Share capital: EUR 25.000,00
Registered
on: 24.08.2009
Reg. data: 53111 Bonn, HRB
17330
BUSINESS ACTIVITIES
Sectors
2573 Manufacture of tools
25993 Manufacture of metal
products n.e.c.
2829 Manufacture of other
general-purpose machinery n.e.c.
4669 Wholesale of other
machinery, equipment and supplies
PARTICIPATIONS
Shareholder:
Eschebach Gesellschaft mit beschränkter
Haftung
Kippdorfstr. 6-24
D 42857 Remscheid
Legal form: Private limited company
Company Status: active
Share capital: EUR 115.100,00
Share: EUR 115.100,00
Reg. data: 27.05.1950
Local court 42103 Wuppertal
HRB 10983
Shareholder:
AlexanderSolia GmbH
Hastener Str. 136-138
D 42855 Remscheid
Legal form: Private limited company
Company Status: active
Share capital: EUR 100.000,00
Share: EUR 51.000,00
Reg. data: 28.11.2006
Local court 42103 Wuppertal
HRB 20108
Shareholder:
AlexanderwerkService GmbH
Kippdorfstr. 6-24
D 42857 Remscheid
Legal form: Private limited company
Company Status: active
Share capital: EUR 49.020,00
Share: EUR 25.000,00
Reg. data: 26.03.2010
Local court 42103 Wuppertal
HRB 22658
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information:We
have no negative information at hand.
Maximum credit: 173.000 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership:
proprietor
Share: 100,00 %
Address Kippdorfstr. 6-24
D
42857 Remscheid
Private real estate
Name: Jürgen Ferdinand Kullmann
Type of ownership: proprietor
Share: 100,00 %
Address Eduard-Berdel-Str. 15
D
56203 Höhr-Grenzhausen
Land register documents
were not available.
BANKERS
Principal bank
COMMERZBANK, REMSCHEID
Sort. code: 34040049, BIC:
COBADEFF340
Further banks
STADTSPARKASSE REMSCHEID,
REMSCHEID
Sort. code: 34050000, BIC:
WELADEDRXXX
SEB, REMSCHEID
Sort. code: 33010111, BIC:
ESSEDE5F330
DEUTSCHE BANK, REMSCHEID
Sort. code: 34070093, BIC:
DEUTDEDW340
POSTBANK, KÖLN
Sort. code: 37010050, BIC:
PBNKDEFF370
FINANCIAL FIGURES
Turnover: 2009 EUR 11.533.630,00
Profit: 2009 EUR -523.303,00
Employees:
94
BALANCE SHEETS
Balance
sheet ratios 2009
Equity ratio [%]: 22,72
Liquidity ratio: 1,28
Return on total capital [%]: -1,14
Balance sheet ratios 2008
Equity ratio [%]: 27,37
Liquidity ratio: 1,26
Return on total capital [%]: 5,36
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 9.257.721,56
Fixed assets
EUR 1.031.498,47
Intangible assets
EUR 105.279,00
Concessions, licences, rights
EUR 105.279,00
Tangible assets
EUR 371.098,19
Land / similar rights
EUR 40.140,02
Plant / machinery
EUR 133.495,00
Other tangible assets / fixtures and
fittings
EUR 197.463,17
Financial assets
EUR 555.121,28
Shares in participations /
subsidiaries and the like EUR 555.121,28
Shares in related companies
EUR 555.121,28
Current assets
EUR 8.200.020,26
Stocks
EUR 2.581.393,55
Raw materials, consumables and
supplies
EUR 131.735,57
Finished goods / work in progress
EUR 2.440.004,38
Advance payments made
EUR 9.653,60
Accounts receivable
EUR 4.033.044,18
Trade debtors
EUR 2.237.348,43
Amounts due from related companies
EUR 1.524.312,92
Other debtors and assets
EUR 271.382,83
Liquid means EUR 1.585.582,53
Remaining other assets
EUR 26.202,83
Accruals (assets)
EUR 26.202,83
LIABILITIES EUR 9.257.721,56
Shareholders' equity
EUR 2.144.385,18
Capital
EUR 4.680.000,00
Subscribed capital (share capital)
EUR 4.680.000,00
Reserves
EUR 1.670.178,86
Capital reserves EUR 629.872,27
Retained earnings / revenue reserves EUR 1.040.306,59
Balance sheet profit/loss (+/-)
EUR -4.205.793,68
Balance sheet profit / loss
EUR -4.205.793,68
Provisions
EUR 2.389.004,98
Pension provisions and comparable
provisions
EUR 1.010.474,00
Provisions for taxes
EUR 21.000,00
Other
/ unspecified provisions EUR 1.357.530,98
Liabilities
EUR 4.724.331,40
Financial debts
EUR 2.050.000,00
Liabilities due to banks
EUR 2.050.000,00
Other liabilities
EUR 2.674.331,40
Trade creditors (for IAS incl. bills
of exchange)
EUR 1.079.589,90
Liabilities from received advance
payments EUR 889.428,70
Liabililties due to related companiesEUR 4.176,85
Unspecified other liabilities
EUR 701.135,95
thereof liabilities from tax /
financial authorities
EUR 78.324,26
thereof liabilities from social
security
EUR 608.348,39
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 11.533.629,79
Inventory change + own costs (+/-)
EUR -92.476,63
Inventory change (+/-)
EUR -92.476,63
Other operating income
EUR 439.197,23
Cost of materials
EUR 3.390.219,22
Raw materials and supplies, purchased
goods
EUR 2.710.848,17
Purchased services
EUR 679.371,05
Gross result (+/-)
EUR 8.490.131,17
Staff expenses
EUR 5.212.679,68
Wages and salaries
EUR 4.093.736,23
Social security contributions and
expenses for pension plans and
benefits
EUR 1.118.943,45
Total depreciation
EUR 184.995,35
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 184.995,35
Other operating expenses
EUR 2.999.629,14
Operating result from continuing
operations
EUR 92.827,00
Interest result (+/-)
EUR -142.065,36
Interest and similar income
EUR 43.678,35
thereof from related companies
EUR 36.859,30
Interest and similar expenses
EUR 185.743,71
Financial result (+/-)
EUR -142.065,36
Result from ordinary operations (+/-)
EUR -49.238,36
Extraordinary expenses
EUR 418.613,06
Extraordinary result (+/-)
EUR -418.613,06
Other taxes / refund of taxes
EUR -55.451,31
Tax
(+/-) EUR -55.451,31
Annual surplus / annual deficit
EUR -523.302,73
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 9.485.278,48
Fixed assets
EUR 1.166.619,47
Intangible assets
EUR 198.155,00
Concessions, licences, rights
EUR 198.155,00
Tangible
assets EUR 413.343,19
Land / similar rights
EUR 42.031,02
Plant / machinery
EUR 152.166,00
Other tangible assets / fixtures and
fittings EUR 219.146,17
Financial assets
EUR 555.121,28
Shares in participations /
subsidiaries and the like
EUR 555.121,28
Shares in related companies
EUR 555.121,28
Current assets
EUR 8.302.878,01
Stocks
EUR 2.854.770,10
Raw materials, consumables and
supplies
EUR 239.444,51
Finished goods / work in progress
EUR 2.532.481,01
Advance payments made
EUR 82.844,58
Accounts receivable
EUR 3.975.263,42
Trade debtors
EUR 2.474.555,69
Amounts due from related companies
EUR 1.267.124,10
Other debtors and assets
EUR 233.583,63
Liquid means
EUR 1.472.844,49
Remaining other assets
EUR 15.781,00
Accruals (assets)
EUR 15.781,00
LIABILITIES EUR 9.485.278,48
Shareholders' equity
EUR 2.667.687,91
Capital EUR 4.680.000,00
Subscribed capital (share capital)
EUR 4.680.000,00
Reserves
EUR 1.670.178,86
Capital reserves
EUR 629.872,27
Retained
earnings / revenue reserves EUR
1.040.306,59
Balance sheet profit/loss (+/-)
EUR -3.682.490,95
Balance sheet profit / loss
EUR -3.682.490,95
Provisions
EUR 2.185.432,01
Pension provisions and comparable
provisions
EUR 1.038.087,00
Other / unspecified provisions
EUR 1.147.345,01
Liabilities
EUR 4.632.158,56
Financial debts
EUR 2.050.752,91
Liabilities due to banks
EUR 2.050.752,91
Other liabilities
EUR 2.581.405,65
Trade creditors (for IAS incl. bills
of exchange) EUR 1.436.448,82
Liabilities from received advance
payments
EUR 404.576,93
Unspecified other liabilities
EUR 740.379,90
thereof liabilities from tax /
financial
authorities EUR 68.374,00
thereof liabilities from social
security
EUR 633.859,51
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales EUR 14.027.113,20
Inventory change + own costs (+/-)
EUR -827.577,58
Inventory change (+/-)
EUR -827.577,58
Other operating income
EUR 1.325.403,69
Cost of materials
EUR 4.881.574,29
Raw materials and supplies, purchased
goods
EUR 4.086.743,65
Purchased services
EUR 794.830,64
Gross result (+/-)
EUR 9.643.365,02
Staff expenses
EUR 5.300.500,25
Wages and salaries
EUR 4.228.182,34
Social security contributions and
expenses for pension plans and
benefits
EUR 1.072.317,91
Total depreciation
EUR 165.114,50
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 165.114,50
Other operating expenses
EUR 3.418.676,56
Operating result from continuing
operations
EUR 759.073,71
Interest result (+/-)
EUR -220.017,20
Interest and similar income
EUR 15.996,92
Interest and similar expenses
EUR 236.014,12
Financial result (+/-)
EUR -220.017,20
Result from ordinary operations (+/-)
EUR 539.056,51
Extraordinary income
EUR 595.297,31
Extraordinary expenses
EUR 1.627.016,50
Extraordinary result (+/-)
EUR -1.031.719,19
Other taxes / refund of taxes EUR -36.018,68
Tax
(+/-)
EUR -36.018,68
Annual surplus / annual deficit
EUR -528.681,36
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.53 |
|
|
1 |
Rs.71.91 |
|
Euro |
1 |
Rs.62.98 |
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 Business |
-- |
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.