MIRA INFORM REPORT
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Report Date : |
17.10.2011 |
IDENTIFICATION DETAILS
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Name : |
ESO-TEXTIL GMBH |
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Registered Office : |
Eisenacher Landstrasse 2, Oberdorla, 99986 |
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Country : |
Germany |
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Financials (as on) : |
31.12.2009 |
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Year of Establishment : |
1992 |
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Com. Reg. No.: |
401555 |
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Legal Form : |
Private Independent Company |
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Line of Business : |
manufacturer of lace; manufacture of narrow fabrics; and manufacture of
other textiles not elsewhere classified |
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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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Germany |
a1 |
a1 |
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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 & address
ESO-Textil GmbH
Eisenacher Landstrasse 2
Oberdorla, 99986
Germany
Tel: +49 (0) 3601 7530
Fax: +49 (0) 3601 75320
Synthesis
Employees: 160
Company Type: Private Independent
Incorporation Date: 1992
Financials in: Usd (Millions
Fiscal Year End:
31-Dec-2009
Reporting Currency: Euro
Annual Sales: NA
Total Assets: 3.3
Business Description
ESO-Textil GmbH is primarily engaged in manufacture of lace; manufacture
of narrow fabrics; and manufacture of other textiles not elsewhere classified.
Industry
Industry Textiles - Non Apparel
ANZSIC 2006: 1332 - Rope,
Cordage and Twine Manufacturing
NACE 2002: 1754 - Manufacture
of other textiles not elsewhere classified
NAICS 2002: 31499 - All Other
Textile Product Mills
UK SIC 2003: 1754 - Manufacture
of other textiles not elsewhere classified
US SIC 1987: 2299 - Textile
goods, Not Elsewhere Classified
Key Executives
Name Title
Eckart Szabo Managing director
Registered No.(DEU): 401555
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7190468
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6969855
Corporate Overview
Location
Eisenacher Landstrasse 2
Oberdorla, 99986
Germany
Tel: +49 (0) 3601 7530
Fax: +49 (0) 3601 75320
Sales EUR(mil): NA
Assets EUR(mil): 2.3
Employees: 160
Fiscal Year End: 31-Dec-2009
Industry: Textiles - Non Apparel
Incorporation Date: 1992
Company Type: Private Independent
Quoted Status: Not Quoted
Registered No.(DEU): 401555
Managing director: Eckart
Szabo
Contents
· Industry Codes
· Business Description
· Financial Data
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
3739 - Other Goods Wholesaling Not Elsewhere Classified
133 - Textile Product Manufacturing
1332 - Rope, Cordage and Twine Manufacturing
NACE 2002 Codes:
5147 - Wholesale of other household goods
1740 - Manufacture of made-up textile articles, except apparel
1754 - Manufacture of other textiles not elsewhere classified
NAICS 2002 Codes:
31499 - All Other Textile Product Mills
4232 - Furniture and Home Furnishing Merchant Wholesalers
313 - Textile Mills
US SIC 1987:
239 - Miscellaneous Fabricated Textile Products
2299 - Textile goods, Not Elsewhere Classified
5099 - Durable Goods, Not Elsewhere Classified
UK SIC 2003:
1754 - Manufacture of other textiles not elsewhere classified
5147 - Wholesale of other household goods
1740 - Manufacture of made-up textile articles, except apparel
Business
Description
ESO-Textil GmbH is primarily engaged in manufacture of lace; manufacture
of narrow fabrics; and manufacture of other textiles not elsewhere classified.
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Annual Profit & Loss
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.719047 |
0.683679 |
0.730637 |
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Consolidated |
No |
No |
No |
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Provisions |
1.0 |
1.0 |
0.8 |
Annual Balance Sheet
Financials in: USD
(mil)
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.696986 |
0.719399 |
0.683971 |
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Consolidated |
No |
No |
No |
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Issued capital |
0.0 |
0.0 |
0.0 |
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Profits for the year |
0.9 |
0.9 |
0.8 |
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Total
stockholders equity |
1.0 |
0.9 |
0.9 |
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Provisions and allowances |
1.0 |
0.9 |
0.8 |
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Total current
liabilities |
1.3 |
1.2 |
1.6 |
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Total
liabilities (including net worth) |
3.3 |
3.1 |
3.3 |
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Intangibles |
0.0 |
0.0 |
0.0 |
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Total tangible
fixed assets |
0.6 |
0.6 |
0.8 |
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Total financial
assets |
0.0 |
0.0 |
0.0 |
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Total
non-current assets |
0.7 |
0.7 |
0.8 |
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Net stocks and work in progress |
0.7 |
0.6 |
0.6 |
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Total
receivables |
1.7 |
1.6 |
1.7 |
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Cash and liquid assets |
0.2 |
0.1 |
0.2 |
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Total current
assets |
2.6 |
2.4 |
2.5 |
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Prepaid expenses and deferred costs |
0.0 |
0.0 |
0.0 |
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Total assets |
3.3 |
3.1 |
3.3 |
Annual Ratios
Financials in: USD (mil)
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.696986 |
0.719399 |
0.683971 |
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Consolidated |
No |
No |
No |
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Current ratio |
20.34 |
19.56 |
15.40 |
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Acid test ratio |
14.80 |
14.31 |
11.62 |
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Total liabilities to net worth |
0.13% |
0.13% |
0.18% |
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Net worth to total assets |
0.03% |
0.03% |
0.03% |
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Current liabilities to net worth |
0.13% |
0.13% |
0.18% |
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Current liabilities to stock |
0.18% |
0.19% |
0.26% |
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Fixed assets to net worth |
0.07% |
0.07% |
0.09% |
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Net worth |
1.0 |
0.9 |
0.9 |
Executive report
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Executives |
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Managing director |
Managing Director |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.07 |
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UK Pound |
1 |
Rs.77.42 |
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Euro |
1 |
Rs.67.72 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.