MIRA INFORM REPORT

 

 

Report Date :           

22.10.2011

 

IDENTIFICATION DETAILS

 

Name :

SMS MASCHINENBAU GMBH

 

 

Registered Office :

Brunnenstrasse 117-119, Albstadt, 72461

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

12.04.1995

 

 

Com. Reg. No.:

400986

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

manufacture of machines and equipment for handling hot metals

 

 

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

 

Status :

Satisfactory

Payment Behaviour :

No Complaints

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

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

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 & address 

 

SMS Maschinenbau GmbH

Brunnenstrasse 117-119

Albstadt, 72461

Germany

 Tel:      +49 (0) 7432 984080

Fax:      +49 (0) 7432 9840821

 

 

Synthesis     

 

Employees:                  65

Company Type:            Private Independent

Incorporation Date:         12-Apr-1995     

Financials in:                 USD (Millions)

Fiscal Year End:            31-Dec-2009

Reporting Currency:       Euro

Annual Sales:                NA

Total Assets:                 14.6

 

 

Business Description     

 

SMS Maschinenbau GmbH is primarily engaged in manufacture of machines and equipment for handling hot metals (converters, ingot moulds, ladles, casting machines); and manufacture of metal-rolling mills and rolls for such mills.

 

Industry             

 

Industry            Miscellaneous Capital Goods

ANZSIC 2006:    2463 - Machine Tool and Parts Manufacturing

NACE 2002:      2951 - Manufacture of machinery for metallurgy

NAICS 2002:     333516 - Rolling Mill Machinery and Equipment Manufacturing

UK SIC 2003:    2951 - Manufacture of machinery for metallurgy

US SIC 1987:    3541 - Machine Tools, Metal Cutting Types

 

           

Key Executives   

 

Name                           Title    

Caslav Oplanic               Managing director         

Norbert Schmitz             Managing director         

 

Registered No.(DEU): 400986

 

 

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

Brunnenstrasse 117-119

Albstadt, 72461

Germany

Tel:       +49 (0) 7432 984080

Fax:      +49 (0) 7432 9840821

           

Sales EUR(mil):             NA

Assets EUR(mil):           10.2

Employees:                   65

Fiscal Year End:            31-Dec-2009

Industry:                        Miscellaneous Capital Goods

           

Incorporation Date:         12-Apr-1995

Company Type:             Private Independent

Quoted Status:              Not Quoted

Registered No.(DEU):     400986

Managing director:         Caslav Oplanic

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Key Corporate Relationships

 

Industry Codes

 

ANZSIC 2006 Codes:

2419     -          Other Professional and Scientific Equipment Manufacturing

3494     -          Other Electrical and Electronic Goods Wholesaling

2463     -          Machine Tool and Parts Manufacturing

 

NACE 2002 Codes:

2951     -          Manufacture of machinery for metallurgy

5143     -          Wholesale of electrical household appliances and radio and television goods

3330     -          Manufacture of industrial process control equipment

 

NAICS 2002 Codes:

333516  -          Rolling Mill Machinery and Equipment Manufacturing

4236     -          Electrical and Electronic Goods Merchant Wholesalers

334513  -          Instrument's and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variable

 

US SIC 1987:

5064     -          Electrical Appliances, Television and Radio Sets

3823     -          Industrial Instruments for Measurement, Display, and Control of Process Variables; and Related Products

3541     -          Machine Tools, Metal Cutting Types

 

UK SIC 2003:

5143     -          Wholesale of electrical household appliances and radio and television goods

3330     -          Manufacture of industrial process control equipment

2951     -          Manufacture of machinery for metallurgy

 

Business Description

SMS Maschinenbau GmbH is primarily engaged in manufacture of machines and equipment for handling hot metals (converters, ingot moulds, ladles, casting machines); and manufacture of metal-rolling mills and rolls for such mills.

 

Financial Data

Financials in:

EUR(mil)

 

Assets:

10.2

Current Assets:

5.8

 

Total Liabilities:

10.2

 

Issued Capital:

0.1

 

Net Worth:

6.2

 

 

 

Date of Financial Data:

31-Dec-2009

 

1 Year Growth

NA

 

Key Corporate Relationships

Bank:

Sparkasse Zollernalb

 

 

 

 

 

 

 

 

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Caslav Oplanic

 

Managing director

Managing Director

 

Norbert Schmitz

 

Managing director

Managing Director

 

 

 

Annual Profit & Loss

 

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.719047

0.683679

0.730637

Consolidated

No

No

No

 

 

 

 

Provisions

1.1

1.3

1.4

 

 

Annual Balance Sheet      

 

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.696986

0.719399

0.683971

Consolidated

No

No

No

 

 

 

 

Issued capital

0.1

0.1

0.1

Profits for the year

8.7

8.0

8.1

Profit brought forward from previous year(s)

8.3

6.3

5.6

Total stockholders equity

8.8

8.1

8.2

Provisions and allowances

1.2

1.3

1.5

Total current liabilities

4.6

7.7

6.5

Total liabilities (including net worth)

14.6

17.2

16.2

Intangibles

0.2

0.2

0.2

Total tangible fixed assets

5.4

5.4

5.4

Total financial assets

0.6

0.5

0.4

Total non-current assets

6.2

6.2

6.0

Net stocks and work in progress

6.4

6.6

7.9

Total receivables

1.8

3.4

0.9

Cash and liquid assets

0.2

0.9

1.4

Short-term investments

-

0.1

-

Total current assets

8.4

11.0

10.1

Prepaid expenses and deferred costs

0.1

0.1

0.1

Total assets

14.6

17.2

16.2

 

Annual Ratios

 

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.696986

0.719399

0.683971

Consolidated

No

No

No

 

 

 

 

Current ratio

18.21

14.15

15.67

Acid test ratio

4.36

5.65

3.49

Total liabilities to net worth

0.05%

0.10%

0.08%

Net worth to total assets

0.06%

0.05%

0.05%

Current liabilities to net worth

0.05%

0.10%

0.08%

Current liabilities to stock

0.07%

0.12%

0.08%

Fixed assets to net worth

0.07%

0.08%

0.07%

Net worth

8.8

8.1

8.2

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.50.07

UK Pound

1

Rs.79.16

Euro

1

Rs.69.04

 

 

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%)

 

 

 

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.