MIRA
INFORM REPORT
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Report Date : |
27.04.2012 |
IDENTIFICATION DETAILS
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Name : |
DSHWOOD GMBH |
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Registered Office : |
SteinfĂrder Strasse 59 Wietze, 29323 |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
22.04.2008 |
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Com. Reg. No.: |
201359 |
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Legal Form : |
Private Independent |
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Line of Business : |
Wholesale of wood, construction materials and sanitary equipment |
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No. of Employees : |
8 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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 – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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 and address
DSHwood GmbH
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Business
Description
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DSHwood GmbH is primarily engaged in wholesale of paint and varnish;
wholesale of wood in the rough; wholesale of products of primary processing
of wood; wholesale of construction materials (sand, gravel); wholesale of
flat glass; and wholesale of sanitary equipment (baths, washbasins, toilets
and other sanitary porcelain). |
Industry
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Industry |
Construction
- Raw Materials |
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ANZSIC 2006: |
333 - Timber and Hardware Goods
Wholesaling |
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NACE 2002: |
5153 - Wholesale of wood, construction materials
and sanitary equipment |
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NAICS 2002: |
4233 - Lumber and Other Construction
Materials Merchant Wholesalers |
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5153 - Wholesale of wood, construction
materials and sanitary equipment |
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US SIC 1987: |
5031 - Lumber, Plywood, Millwork, and Wood
Panels |
Key Executives
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1 - Profit &
Loss Item Exchange Rate: USD 1 = EUR 0.7190468
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6969855
Corporate Overview
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Executives Report
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Annual Profit & Loss
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31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
8 Months |
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Filed Currency |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.719047 |
0.683679 |
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Consolidated |
No |
No |
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Total income |
16.9 |
- |
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Raw materials and services |
9.9 |
- |
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Net sales |
16.9 |
- |
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Other operating income |
0.0 |
- |
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Raw materials and consumables employed |
9.9 |
- |
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Other external charges |
5.7 |
- |
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Cost of goods sold |
15.7 |
- |
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Cost of raw materials |
15.7 |
- |
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Taxes and social security costs |
0.1 |
- |
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Total payroll costs |
0.4 |
- |
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Fixed asset depreciation and amortisation |
0.0 |
- |
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Other operating costs |
1.0 |
0.0 |
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Net operating income |
0.3 |
0.0 |
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Other income |
0.0 |
- |
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Total expenses |
0.0 |
- |
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Profit before tax |
0.3 |
0.0 |
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Provisions |
0.1 |
0.0 |
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Other taxes |
0.0 |
- |
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Total taxation |
0.1 |
- |
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Net profit |
0.2 |
- |
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Net loss |
- |
0.0 |
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Annual Balance
Sheet |
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Financials in:
USD (mil) |
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31-Dec-2009 |
31-Dec-2008 |
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Filed Currency |
EUR |
EUR |
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Exchange Rate |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
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Issued capital |
0.0 |
0.0 |
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Capital reserves |
1.0 |
- |
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Profits for the year |
0.3 |
0.0 |
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Profit brought forward from previous year(s) |
0.0 |
- |
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Total stockholders equity |
1.3 |
0.0 |
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Deferred taxation |
0.1 |
- |
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Other provisions |
0.0 |
0.0 |
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Provisions and allowances |
0.1 |
0.0 |
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Trade creditors |
0.8 |
- |
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Taxation and social security |
0.0 |
- |
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Total current liabilities |
0.8 |
- |
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Total liabilities (including net worth) |
2.2 |
0.0 |
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Total tangible fixed assets |
0.0 |
- |
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Total non-current assets |
0.0 |
- |
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Finished goods |
0.6 |
- |
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Net stocks and work in progress |
0.6 |
- |
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Trade debtors |
0.1 |
- |
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Other receivables |
0.3 |
- |
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Total receivables |
1.3 |
- |
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Owing from associated companies |
0.9 |
- |
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Cash and liquid assets |
0.2 |
0.0 |
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Total current assets |
2.2 |
0.0 |
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Total assets |
2.2 |
0.0 |
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Annual Ratios |
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Financials in:
USD (mil) |
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31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
8 Months |
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Filed Currency |
EUR |
EUR |
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Exchange Rate |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
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Current ratio |
27.27 |
- |
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Acid test ratio |
19.66 |
- |
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Total liabilities to net worth |
0.06% |
- |
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Net worth to total assets |
0.06% |
0.10% |
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Current liabilities to net worth |
0.06% |
- |
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Current liabilities to stock |
0.13% |
- |
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Fixed assets to net worth |
0.00% |
- |
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Collection period |
15.00 |
- |
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Stock turnover rate |
0.35 |
- |
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Profit margin |
0.00% |
- |
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Return on assets |
0.01% |
-0.01% |
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Shareholders' return |
0.02% |
-0.01% |
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Net worth |
1.3 |
0.0 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.52.57 |
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1 |
Rs.85.03 |
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Euro |
1 |
Rs.69.56 |
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
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.