MIRA INFORM
REPORT
|
Report Date : |
18.05.2011 |
IDENTIFICATION DETAILS
|
Name : |
BHS-SONTHOFEN GMBH |
|
|
|
|
Registered Office : |
An der Eisenschmelze 47, D 87527 Sonthofen, Post Box 11 64, D 87515 Sonthofen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
22.02.1995 |
|
|
|
|
Com. Reg. No.: |
HRB 5443 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture of other general-purpose
machinery |
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 : |
250.000 EUR |
|
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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
Germany |
a1 |
a |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name & address
BHS-Sonthofen GmbH
Main address:
An der
Eisenschmelze 47
D 87527 Sonthofen
Post Box:
11 64, D 87515
Sonthofen
Telephone: 08321/60990
Telefax: 08321/6099220
Homepage: www.bhs-sonthofen.de
E-mail: info@bhs-sonthofen.de
VAT no.
DE171793440
Synthesis
LEGAL FORM Private
limited company
Date of foundation: 1994
Shareholders'
agreement: 12.12.1994
Registered on: 22.02.1995
Commercial Register: Local court 87435 Kempten
under: HRB
5443
Share capital: EUR 5.000.000,00
Shareholder
Dr. Christof
Kemmann
Mariaberger Str.
215
D 87439 Kempten
born: 24.09.1946
Share: EUR 3.800.000,00
Shareholder:
Ilona Kemmann
D 82049 Pullach
born: 31.12.1945
Share: EUR 400.000,00
Shareholder:
Nadja Kemmann
D 82049 Pullach
born: 28.11.1980
Share: EUR 400.000,00
Shareholder:
Dennis Kemmann
D 82049 Pullach
born: 14.10.1982
Share: EUR 400.000,00
Manager
Dr. Christof
Kemmann
Mariaberger Str.
215
D 87439 Kempten
having sole power
of representation
born: 24.09.1946
Profession: Fully
qualified merchant
Marital status:
married
Manager:
Dr. Angelo
Schmandra
Am Plätz 17
D 87509 Immenstadt
born: 17.03.1962
Proxy
Dennis Kemmann
D 82049 Pullach
authorized to
jointly represent the company
born: 14.10.1982
Proxy:
Martin Lutz
Martinstr. 13
D 87544 Blaichach
born: 08.02.1961
COMPANY HISTORY
22.02.1995 -
01.04.2004 BHS-Sonthofen Maschinen- und
Anlagenbau
GmbH
Hans-Böckler-Str. 7
D 87527 Sonthofen
Private limited
company
01.04.2004 - 01.07.2010 BHS-Sonthofen GmbH
Hans-Böckler-Str. 7
D 87527 Sonthofen
Private limited
company
01.07.2010 - 01.07.2010 BHS-Sonthofen GmbH
An der Eisenschmelze
47
D 87527 Sonthofen
Private limited
company
BUSINESS ACTIVITIES
Sectors
28290
Manufacture of other general-purpose machinery
28922
Manufacture of construction machinery
71122
Engineering activities in the field of technical sectoral
planning andengineering design
9529
Repair of other personal and household goods
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
REAL ESTATE
Type of ownership: Tenant
Address An der Eisenschmelze 47
D 87527 Sonthofen
Land register documents were not available.
BANKERS
Principal bank
UNICREDIT BANK - HYPOVEREINSBANK, SONTHOFEN,
OBERALLGÄU
Sort. code: 73322380, BIC: HYVEDEMM570
Further banks
UNICREDIT BANK - HYPOVEREINSBANK, KEMPTEN
(ALLGÄU)
Sort. code: 73320073, Account no.: 7321422,
BIC: HYVEDEMM428
DEUTSCHE BANK, KEMPTEN (ALLGÄU)
Sort. code: 73370008, Account no.: 1032770,
BIC: DEUTDEMM733
FINANCIAL FIGURES
Turnover:
2009 EUR 36.539.286,00
Profit:
2009 EUR 2.905.346,00
Employees:
191
- thereof permanent staff: 191
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%]: 81,90
Liquidity ratio: 10,00
Return on total capital [%]: 8,01
Balance sheet ratios 2008
Equity ratio [%]: 70,38
Liquidity ratio: 10,00
Return on total capital [%]: 22,60
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 36.327.277,24
Fixed
assets EUR 10.364.622,35
Intangible
assets EUR 155.549,00
Concessions, licences, rights EUR 155.549,00
Tangible
assets EUR 7.873.452,53
Land /
similar rights EUR 4.371.255,91
Plant /
machinery EUR 2.197.228,00
Other
tangible assets / fixtures and
fittings
EUR 1.269.682,00
Advance
payments made / construction
in
progress
EUR 35.286,62
Financial
assets EUR 2.335.620,82
Shares in
participations /
subsidiaries and the like
EUR 2.172.086,41
Shares in
related companies EUR 2.122.086,41
Shares in
investee companies EUR 50.000,00
Other
loans EUR 163.534,41
Current
assets EUR 25.884.736,06
Stocks EUR 5.704.517,74
Raw
materials, consumables and
supplies
EUR 3.874.505,87
Finished
goods / work in progress EUR 4.422.177,48
Advance
payments made EUR 44.909,35
Minus
received advance payments for
orders /
installments for stocks EUR -2.637.074,96
Accounts receivable EUR 4.936.729,97
Trade
debtors EUR 3.995.607,96
Amounts due
from related companies EUR 688.717,37
Other
debtors and assets EUR 252.404,64
Liquid
means EUR 15.243.488,35
Remaining
other assets EUR 77.918,83
Accruals
(assets) EUR 77.918,83
LIABILITIES EUR 36.327.277,24
Shareholders'
equity EUR 27.034.091,15
Capital EUR 5.000.000,00
Subscribed
capital (share capital) EUR 5.000.000,00
Reserves
EUR 112.918,82
Capital
reserves EUR 112.918,82
Balance
sheet profit/loss (+/-) EUR 21.921.172,33
Profit /
loss brought forward EUR 19.015.826,69
Annual
surplus / annual deficit EUR 2.905.345,64
Provisions EUR 4.643.218,35
Pension
provisions and comparable
provisions
EUR 695.472,00
Provisions
for taxes EUR 736.600,00
Other / unspecified provisions EUR 3.211.146,35
Liabilities EUR 4.649.967,74
Other
liabilities EUR 4.649.967,74
Trade
creditors (for IAS incl. bills
of
exchange) EUR 1.227.543,05
Liabilities
due to shareholders EUR 2.731.290,00
Liabililties due to related companiesEUR 214.036,97
Unspecified
other liabilities EUR 477.097,72
thereof
liabilities from tax /
financial
authorities EUR 144.143,79
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 36.539.286,13
Inventory
change + own costs (+/-) EUR -1.428.635,42
Inventory
change (+/-) EUR -1.445.029,42
Capitalised
own costs EUR 16.394,00
Other
operating income EUR 2.188.609,25
Cost of
materials EUR 16.471.723,43
Raw
materials and supplies, purchased
goods EUR 14.516.848,94
Purchased
services EUR 1.954.874,49
Gross result
(+/-) EUR 20.827.536,53
Staff
expenses EUR 11.305.544,57
Wages and
salaries EUR 9.363.931,56
Social
security contributions and
expenses for
pension plans and
benefits EUR 1.941.613,01
Total
depreciation EUR 845.652,75
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 845.652,75
Other
operating expenses EUR 4.687.521,51
Operating
result from continuing
operations EUR 3.988.817,70
Interest
result (+/-) EUR 48.356,16
Interest and
similar income EUR 194.514,34
thereof
from related companies EUR 0,00
Interest and
similar expenses EUR 146.158,18
thereof
paid to related companies EUR 0,00
Financial
result (+/-) EUR 48.356,16
Result from
ordinary operations (+/-) EUR 4.037.173,86
Income tax /
refund of income tax (+/-)EUR
-1.100.365,67
Other taxes /
refund of taxes EUR -31.462,55
Tax (+/-) EUR -1.131.828,22
Annual
surplus / annual deficit EUR 2.905.345,64
Type of balance
sheet:
Company balance sheet
Financial year:
01.01.2008 - 31.12.2008
ASSETS EUR 38.903.156,02
Fixed
assets EUR 10.700.984,42
Intangible
assets EUR 197.059,00
Concessions, licences, rights
EUR 155.999,00
Advance
payments for intang. assets EUR 41.060,00
Tangible
assets EUR 8.111.942,31
Land /
similar rights EUR 4.327.281,99
Plant /
machinery EUR 2.318.308,00
Other tangible
assets / fixtures and
fittings
EUR 1.377.245,00
Advance
payments made / construction
in
progress
EUR 89.107,32
Financial
assets EUR 2.391.983,11
Shares in
participations /
subsidiaries and the like
EUR 2.172.086,41
Shares in
related companies EUR 2.122.086,41
Shares in
investee companies EUR 50.000,00
Other
loans EUR 219.896,70
Current
assets EUR 28.084.500,12
Stocks EUR 8.384.059,58
Raw
materials, consumables and
supplies
EUR 6.201.628,51
Finished
goods / work in progress EUR 5.867.206,90
Advance
payments made EUR 543.575,78
Minus
received advance payments for
orders /
installments for stocks EUR -4.228.351,61
Accounts
receivable EUR 11.315.155,87
Trade
debtors EUR 8.898.837,17
Amounts due
from related companies EUR 1.804.580,67
Other
debtors and assets EUR 611.738,03
Liquid
means EUR 8.385.284,67
Remaining
other assets EUR 117.671,48
Accruals
(assets) EUR 117.671,48
LIABILITIES EUR 38.903.156,02
Shareholders'
equity EUR 25.928.745,51
Capital EUR 5.000.000,00
Subscribed
capital (share capital) EUR 5.000.000,00
Reserves EUR 112.918,82
Capital
reserves EUR 112.918,82
Balance
sheet profit/loss (+/-) EUR 20.815.826,69
Profit /
loss brought forward EUR 12.044.837,91
Annual
surplus / annual deficit EUR 8.770.988,78
Provisions EUR 8.182.806,85
Pension
provisions and comparable
provisions
EUR 967.646,00
Provisions
for taxes EUR 1.060.000,00
Other /
unspecified provisions EUR 6.155.160,85
Liabilities EUR 4.791.603,66
Other
liabilities EUR 4.791.603,66
Trade
creditors (for IAS incl. bills
of exchange) EUR 2.412.888,81
Liabilities
due to shareholders EUR 1.481.040,00
Liabililties due to related companiesEUR 410.379,92
Unspecified
other liabilities EUR 487.294,93
thereof
liabilities from tax /
financial
authorities EUR 198.026,32
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 75.186.793,19
Inventory
change + own costs (+/-) EUR -1.633.416,68
Inventory
change (+/-) EUR -1.691.783,00
Capitalised
own costs EUR 58.366,32
Other
operating income EUR 1.726.864,08
Cost of
materials EUR 40.333.826,11
Raw
materials and supplies, purchased
goods EUR 34.562.669,89
Purchased
services EUR 5.771.156,22
Gross result
(+/-) EUR 34.946.414,48
Staff
expenses EUR 13.171.134,00
Wages and
salaries EUR 10.860.116,86
Social
security contributions and
expenses for
pension plans and
benefits EUR 2.311.017,14
Total
depreciation EUR 916.767,04
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 916.767,04
Other
operating expenses EUR 8.398.484,03
Operating
result from continuing
operations EUR 12.460.029,41
Interest
result (+/-) EUR 116.138,34
Interest and
similar income EUR 256.203,87
thereof
from related companies EUR 2.861,85
Interest and
similar expenses EUR 140.065,53
thereof
paid to related companies EUR 165,49
Financial
result (+/-) EUR 116.138,34
Result from
ordinary operations (+/-) EUR 12.576.167,75
Income tax /
refund of income tax (+/-)EUR
-3.764.942,94
Other taxes /
refund of taxes EUR -40.236,03
Tax
(+/-)
EUR -3.805.178,97
Annual
surplus / annual deficit EUR 8.770.988,78
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.07 |
|
UK Pound |
1 |
Rs.63.57 |
|
Euro |
1 |
Rs.72.97 |
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.