|
Report Date : |
27.02.2012 |
Heckert
GmbH
Otto-Schmerbach-Str. 15/17
D 09117 Chemnitz
Telephone:0371/8362288
Telefax: 0371/8080772244
Homepage: www.starragheckert.com
E-mail: marketing@starragheckert.com
DE812150973
Business relations are
permissible.
Legal Form Private Limited Company
Date of foundation: 24.01.1997
Begin of business
activities: 24.01.1997
Shareholders'
agreement: 24.01.1997
Registered on: 28.01.1997
Commercial Register: Local
court 09130 Chemnitz
under: HRB 13863
Share Capital: EUR 5,112,918.81
Shareholder:
Starrag Group Holding GmbH
Otto-Schmerbach-Str. 15/17
D
09117 Chemnitz
Legal
form: Private limited company
Share
capital: EUR 4,500,000.00
Share: EUR 5,061,789.62
Registered on: 09.02.2000
Reg.
data: 09130 Chemnitz, HRB 17514
Shareholder:
StarragHeckert Holding AG
Seebleichestr. 61
CH
9404 Rorschacherberg
Legal
form: Other legal form
Share: EUR 51,129.19
Manager:
Dr.-Ing. Eberhard Schoppe
Am
Rosenhof 13
D
09212 Limbach-Oberfrohna
born:
22.10.1955
Manager:
Gerold
Brütsch
Rheinsägestr. 13
CH
8253 Diessenhofen
born:
24.03.1966
Nationality:
Swiss
Manager:
Dr.
Frank Brinken
Lerchenweg 14
CH
6343 Risch-Rotkreuz
born:
10.11.1948
Proxy:
Anett
Neumann
Eisenstuckstr. 1
D
09114 Chemnitz
authorized to jointly represent the company
born:
26.10.1964
Proxy:
Gerd
Baumann
Nevoigtstr. 37
D 09117 Chemnitz
authorized to jointly represent the company
born:
15.06.1948
Proxy:
Ingolf
Baum
Am
Sonnenhang 102
D
09243 Niederfrohna
authorized to jointly represent the company
born:
26.09.1965
Proxy:
Dieter
Neuber
Eisenweg 55
D
09123 Chemnitz
authorized
to jointly represent the company
born:
17.05.1948
Proxy:
Anett
Steinelt
D
09117 Chemnitz
authorized to jointly represent the company
born:
26.10.1964
Proxy:
Starrag-Heckert Technology GmbH
Otto-Schmerbach-Str. 15/17
D
09117 Chemnitz
Legal form: Private limited company
Share
capital: EUR 100,000.00
Registered
on: 21.03.2000
Reg.
data: 09130 Chemnitz, HRB 17698
Manager:
Starrag Group Holding GmbH
Otto-Schmerbach-Str. 15/17
D
09117 Chemnitz
Legal form:
Private limited company
Share
capital: EUR 4,500,000.00
Registered
on: 09.02.2000
Reg.
data: 09130 Chemnitz, HRB 17514
Manager:
Starrag-Heckert Technology GmbH
Otto-Schmerbach-Str. 15/17
D
09117 Chemnitz
Legal
form: Private limited company
Share
capital: EUR 100,000.00
Registered
on: 21.03.2000
Reg.
data: 09130 Chemnitz, HRB 17698
Manager:
Dörries Scharmann Technologie GmbH
Hugo-Junkers-Str. 12-32
D 41236 Mönchengladbach
Post
Box:
20 11
42, D 41211 Mönchengladbach
Legal
form: Private limited company
Share
capital: EUR 21,985,550.89
Registered
on: 05.08.1997
Reg.
data: 41061 Mönchengladbach, HRB 5635
Manager:
Dörries
Scharmann Technologie GmbH
Hugo-Junkers-Str. 12-32
D
41236 Mönchengladbach
Post
Box:
20 11
42, D 41211 Mönchengladbach
Legal
form: Private limited company
Share
capital: EUR 21,985,550.89
Registered
on: 05.08.1997
Reg.
data: 41061 Mönchengladbach, HRB 5635
Manager:
Starrag Group Holding GmbH
Otto-Schmerbach-Str. 15/17
D
09117 Chemnitz
Legal
form: Private limited company
Share
capital: EUR 4,500,000.00
Registered
on: 09.02.2000
Reg.
data: 09130 Chemnitz, HRB 17514
Manager:
Starrag-Heckert Technology GmbH
Otto-Schmerbach-Str. 15/17
D 09117 Chemnitz
Legal
form: Private limited company
Share
capital: EUR 100,000.00
Registered
on: 21.03.2000
Reg. data: 09130 Chemnitz, HRB 17698
24.01.1997 - 20.12.2001
HECKERT Werkzeugmaschinen GmbH
Otto-Schmerbach-Str. 15/17
D
09117 Chemnitz
Private limited company
19.05.2010 -
03.04.2012 StarragHeckert GmbH
Otto-Schmerbach-Str. 15/17
D
09117 Chemnitz
Private limited company
Main industrial sector
28410 Manufacture of metal forming machinery
Secondary industrial sector
2573 Manufacture of tools
Payment experience: cash
discount/within agreed terms
Negative information:We have no negative information at hand.
Balance sheet year: 2010
Type of ownership: Tenant
Address
Otto-Schmerbach-Str. 15/17
D
09117 Chemnitz
Land register documents were not available.
Principal bank
COMMERZBANK, CHEMNITZ, SACHS
Sort. code: 87040000, BIC: COBADEFF870
Further bank
COMMERZBANK VORMALS DRESDNER BANK, CHEMNITZ, SACHS
Sort. code: 87080000, BIC: DRESDEFF870
Turnover: 2010 EUR 77,244,368.00
2011 EUR 101,000,000.00
Profit: 2010 EUR 7,704,771.00
further business figures:
Employees:
382
- thereof permanent
staff: 167
- Trainees: 45
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 67.48
Liquidity ratio: 10.00
Return on total capital [%]: 13.55
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 68.25
Liquidity ratio: 4.36
Return on total capital [%]: 14.89
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 58.71
Liquidity ratio: 0.85
Return on total capital [%]: 16.35
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 62.78
Liquidity ratio: 2.56
Return on total capital [%]: 16.50
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.
Balance
sheet grade
The balance sheet
grade is based on the following ratios: equity
ratio, liquidity ratio and return on total capital from the balance sheets published in the Federal
Gazette.
Type of balance sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 57,083,369.09
Fixed assets EUR 12,043,262.85
Intangible assets EUR 482,946.00
Concessions, licences, rights EUR 482,946.00
Tangible assets EUR 11,560,316.85
Land / similar rights EUR 5,548,930.28
Plant / machinery EUR 1,489,773.00
Other tangible assets / fixtures and
fittings EUR 4,246,714.95
Advance payments made / construction
in progress EUR 274,898.62
Current assets EUR 44,912,653.78
Stocks EUR 18,574,284.15
Raw materials, consumables and
supplies EUR 12,010,700.31
Finished goods / work in progress EUR
36,501,117.30
Advance payments made EUR 1,106,793.75
Minus received advance payments for
orders / installments for stocks EUR
-31,044,327.21
Accounts receivable EUR 6,532,577.91
Trade debtors EUR 4,091,837.72
Amounts due from related companies EUR
946,166.77
Other debtors and assets EUR 1,494,573.42
Liquid means EUR 19,805,791.72
Remaining other assets EUR 127,452.46
Accruals (assets) EUR 127,452.46
LIABILITIES EUR 57,083,369.09
Shareholders' equity EUR 18,632,838.74
Capital EUR 5,112,918.81
Subscribed capital (share capital) EUR
5,112,918.81
Reserves EUR 13,500,000.00
Capital reserves EUR 13,500,000.00
Balance sheet profit/loss (+/-) EUR 19,919.93
Profit / loss brought forward EUR 19,919.93
Provisions EUR 10,626,586.03
Other / unspecified provisions EUR 10,626,586.03
Liabilities EUR 27,823,944.32
Other liabilities EUR 27,823,944.32
Trade creditors (for IAS incl. bills
of exchange) EUR 4,059,382.59
Liabilities due to shareholders EUR 19,968,069.33
Liabililties due to related
companiesEUR 1,350,001.92
Unspecified other liabilities EUR 2,446,490.48
thereof liabilities from tax /
financial authorities EUR 180,565.40
thereof liabilities from social
security EUR 14,129.36
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 77,244,368.05
Inventory change + own costs (+/-) EUR 2,938,189.02
Inventory change (+/-) EUR 2,937,366.35
Capitalised own costs EUR 822.67
Other operating income EUR 3,921,465.80
Cost of materials EUR 44,408,857.10
Raw materials and supplies, purchased
goods EUR 39,888,038.61
Purchased services EUR 4,520,818.49
Gross result (+/-) EUR 39,695,165.77
Staff expenses EUR 15,352,091.69
Wages and salaries EUR 12,645,533.68
Social security contributions and
expenses for pension plans and
benefits
EUR 2,706,558.01
Total depreciation EUR 2,120,772.99
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 2,120,772.99
Other operating expenses EUR 14,523,887.09
Operating result from continuing
operations EUR 7,698,414.00
Interest result (+/-) EUR 63,393.32
Interest and similar income EUR 63,510.02
thereof from related companies EUR 333.33
Interest and similar expenses EUR 116.70
Financial result (+/-) EUR 63,393.32
Result from ordinary operations (+/-) EUR
7,761,807.32
Expenses for transfer of profits to a
parent company EUR 7,704,770.55
Income tax / refund of income tax
(+/-)EUR 4,191.90
Other taxes / refund of taxes EUR -61,228.67
Tax (+/-) EUR -57,036.77
Annual surplus / annual deficit EUR 0.00
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 51,011,289.67
Fixed assets EUR 12,902,500.85
Intangible assets EUR 575,713.00
Concessions, licences, rights EUR 575,713.00
Tangible assets EUR 12,326,787.85
Land / similar rights EUR 5,962,735.28
Plant / machinery EUR 1,853,614.00
Other tangible assets / fixtures and
fittings EUR 4,464,938.00
Advance payments made / construction
in progress EUR 45,500.57
Current assets EUR 38,107,988.82
Stocks EUR 23,844,464.94
Raw materials, consumables and
supplies EUR 12,457,808.55
Finished goods / work in progress EUR
33,563,750.95
Advance payments made EUR 1,302,882.04
Minus received advance payments for
orders / installments for stocks EUR
-23,479,976.60
Accounts receivable EUR 10,078,100.61
Trade debtors EUR 3,325,731.87
Amounts due from related companies EUR
5,771,931.84
Other debtors and assets EUR 980,436.90
Liquid means EUR 4,185,423.27
Remaining other assets EUR 800.00
Accruals (assets) EUR 800.00
LIABILITIES EUR 51,011,289.67
Shareholders' equity EUR
18,632,838.74
Capital EUR 5,112,918.81
Subscribed capital (share capital) EUR
5,112,918.81
Reserves EUR 13,500,000.00
Capital reserves EUR 13,500,000.00
Balance sheet profit/loss (+/-) EUR 19,919.93
Profit / loss brought forward EUR 19,919.93
Provisions EUR 9,604,592.20
Other / unspecified provisions EUR 9,604,592.20
Liabilities EUR 22,773,858.73
Other liabilities EUR 22,773,858.73
Trade creditors (for IAS incl. bills
of exchange) EUR 2,383,193.17
Liabilities due to shareholders EUR 16,275,491.85
Liabililties due to related
companiesEUR 2,043,295.04
Unspecified other liabilities EUR 2,071,878.67
thereof liabilities from tax /
financial authorities EUR 161,485.33
thereof liabilities from social
security EUR 8,966.99
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 104,014,542.47
Inventory change + own costs (+/-) EUR
-17,539,244.50
Inventory change (+/-) EUR -17,718,337.19
Capitalised own costs EUR 179,092.69
Other operating income EUR 6,721,632.02
Cost of materials EUR 49,518,201.56
Raw materials and supplies, purchased
goods EUR 43,509,330.96
Purchased services EUR 6,008,870.60
Gross result (+/-) EUR 43,678,728.43
Staff expenses EUR 17,130,189.95
Wages and salaries EUR 14,453,885.50
Social security contributions and
expenses for pension plans and
benefits EUR 2,676,304.45
Total depreciation EUR 2,051,999.03
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 2,051,999.03
Other operating expenses EUR 16,944,459.55
Operating result from continuing
operations EUR 7,552,079.90
Interest result (+/-) EUR 63,982.61
Interest and similar income EUR 80,031.02
Interest and similar expenses EUR 16,048.41
Financial result (+/-) EUR 63,982.61
Result from ordinary operations (+/-) EUR
7,616,062.51
Expenses for transfer of profits to a
parent company EUR 7,553,396.58
Income tax / refund of income tax
(+/-)EUR 4,191.90
Other taxes / refund of taxes EUR -66,857.83
Tax (+/-) EUR -62,665.93
Annual surplus / annual deficit
EUR 0.00
|
Prepared for : |
Bank of |
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Your Ref. No.: |
Imports Dept. |
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Report No. : |
168797 |
|
Report Date : |
15.02.2012 |
INQUIRY DETAILS
|
Given Name : |
Starraghechert Gmbh |
|
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Given Address : |
Otto-Schemebbach-Strasse 15/17 Chemnitz |
IDENTIFICATION DETAILS
|
Name : |
STARRAGHECKERT
GMBH |
|
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|
Registered Office : |
Otto-Schmerbach-Str.
15/17 D 09117 |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
24.01.1997 |
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Com. Reg. No.: |
HRB 13863 |
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Legal Form : |
Private
Limited Company |
|
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Line of Business : |
Manufacture
of metal forming machinery |
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No. of Employees : |
331 |
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 : |
Good |
|
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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
StarragHeckert GmbH
Company Status: active
Otto-Schmerbach-Str.
15/17
D
09117 Chemnitz
Telephone:0371/8362288
Telefax: 0371/8080772244
Homepage: www.starragheckert.com
E-mail: marketing@starragheckert.com
DE812150973
Business relations are
permissible.
LEGAL FORM Private limited company
Date of foundation: 24.01.1997
Begin of business
activities: 24.01.1997
Shareholders'
agreement: 24.01.1997
Registered on: 28.01.1997
Commercial Register: Local court 09130 Chemnitz
under: HRB
13863
EUR 5,112,918.81
Starrag-Heckert Holding GmbH
Otto-Schmerbach-Str. 15/17
D 09117 Chemnitz
Legal form: Private limited company
Share capital: EUR 4,500,000.00
Share: EUR 5,061,789.62
Registered on: 09.02.2000
Reg. data: 09130 Chemnitz, HRB 17514
Shareholder:
StarragHeckert AG
Seebleichestr. 61
CH 9404 Rorschacherberg
Legal form: Other legal form
Share: EUR 51,129.19
Manager:
Dr.-Ing. Eberhard Schoppe
Am Rosenhof 13
D 09212 Limbach-Oberfrohna
born: 22.10.1955
Manager:
Gerold Brütsch
Rheinsägestr. 13
CH 8253 Diessenhofen
born: 24.03.1966
Nationality: Swiss
Manager:
Dr. Frank Brinken
Lerchenweg 14
CH 6343 Risch-Rotkreuz
born: 10.11.1948
Proxy:
Anett Neumann
Eisenstuckstr. 1
D 09114 Chemnitz
authorized to jointly represent the company
born: 26.10.1964
Proxy:
Gerd Baumann
Nevoigtstr. 37
D 09117 Chemnitz
authorized to jointly represent the company
born: 15.06.1948
Proxy:
Ingolf Baum
Am Sonnenhang 102
D 09243 Niederfrohna
authorized to jointly represent the company
born: 26.09.1965
Proxy:
Dieter Neuber
Eisenweg 55
D 09123 Chemnitz
authorized to jointly represent the company
born: 17.05.1948
Proxy:
Anett Steinelt
D 09117 Chemnitz
authorized to jointly represent the company
born: 26.10.1964
(Manager)
Proxy:
Starrag-Heckert Technology GmbH
Otto-Schmerbach-Str. 15/17
D 09117 Chemnitz
Legal form: Private limited company
Share capital: EUR 100,000.00
Registered
on: 21.03.2000
Reg. data: 09130 Chemnitz,
HRB 17698
(Manager)
Manager:
Starrag-Heckert Holding GmbH
Otto-Schmerbach-Str. 15/17
D 09117 Chemnitz
Legal form: Private limited company
Share capital: EUR 4,500,000.00
Registered
on: 09.02.2000
Reg. data: 09130 Chemnitz,
HRB 17514
Manager:
Starrag-Heckert Technology GmbH
Otto-Schmerbach-Str. 15/17
D 09117 Chemnitz
Legal form: Private limited company
Share capital: EUR 100,000.00
Registered
on: 21.03.2000
Reg. data: 09130 Chemnitz,
HRB 17698
(Manager)
Manager:
Starrag-Heckert Holding GmbH
Otto-Schmerbach-Str. 15/17
D 09117 Chemnitz
Legal form: Private limited company
Share capital: EUR 4,500,000.00
Registered
on: 09.02.2000
Reg. data: 09130 Chemnitz,
HRB 17514
Manager:
Starrag-Heckert Technology GmbH
Otto-Schmerbach-Str. 15/17
D 09117 Chemnitz
Legal form: Private limited company
Share capital: EUR 100,000.00
Registered
on: 21.03.2000
Reg. data: 09130 Chemnitz,
HRB 17698
24.01.1997 -
20.12.2001 HECKERT Werkzeugmaschinen
GmbH
Otto-Schmerbach-Str. 15/17
D
09117 Chemnitz
Private limited company
Main industrial sector
28410 Manufacture of metal forming machinery
Secondary industrial sector
2573 Manufacture of tools
Payment experience: cash discount/within agreed terms
Negative information:We
have no negative information at hand.
Maximum credit: 100,000 EUR
Balance sheet year: 2009
Type of ownership: Tenant
Address Otto-Schmerbach-Str. 15/17
D
09117 Chemnitz
Land register documents
were not available.
Principal bank
COMMERZBANK, CHEMNITZ,
SACHS
Sort. code: 87040000, BIC:
COBADEFF870
Further bank
COMMERZBANK VORMALS
DRESDNER BANK, CHEMNITZ, SACHS
Sort. code: 87080000, BIC:
DRESDEFF870
Turnover: 2010 EUR 100,000,000.00
2011 EUR 101,000,000.00
further business figures:
Equipment: EUR 4,464,938.00
Ac/ts receivable: EUR 10,078,100.00
Liabillities: EUR 22,773,858.00
Employees: 331
-
thereof permanent staff: 150
-
Trainees:
35
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 68.25
Liquidity ratio: 4.36
Return on total capital [%]: 14.89
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 58.71
Liquidity ratio: 0.85
Return
on total capital [%]: 16.35
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 62.78
Liquidity ratio: 2.56
Return on total capital [%]: 16.50
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 51,011,289.67
Fixed assets
EUR 12,902,500.85
Intangible assets
EUR 575,713.00
Concessions, licences, rights
EUR 575,713.00
Tangible assets
EUR 12,326,787.85
Land / similar rights
EUR 5,962,735.28
Plant / machinery
EUR 1,853,614.00
Other tangible assets / fixtures and
fittings EUR 4,464,938.00
Advance payments made / construction
in progress
EUR 45,500.57
Current assets
EUR 38,107,988.82
Stocks
EUR 23,844,464.94
Raw materials, consumables and
supplies
EUR 12,457,808.55
Finished goods / work in progress
EUR 33,563,750.95
Advance payments made
EUR 1,302,882.04
Minus received advance payments for
orders / installments for stocks
EUR -23,479,976.60
Accounts receivable
EUR 10,078,100.61
Trade debtors
EUR 3,325,731.87
Amounts due from related companies
EUR 5,771,931.84
Other debtors and assets
EUR 980,436.90
Liquid means
EUR 4,185,423.27
Remaining other assets
EUR 800.00
Accruals (assets)
EUR 800.00
LIABILITIES EUR 51,011,289.67
Shareholders' equity
EUR 18,632,838.74
Capital
EUR 5,112,918.81
Subscribed capital (share capital)
EUR 5,112,918.81
Reserves
EUR 13,500,000.00
Capital reserves
EUR 13,500,000.00
Balance sheet profit/loss (+/-)
EUR 19,919.93
Profit / loss brought forward
EUR 19,919.93
Provisions
EUR 9,604,592.20
Other / unspecified provisions
EUR 9,604,592.20
Liabilities EUR 22,773,858.73
Other liabilities
EUR 22,773,858.73
Trade creditors (for IAS incl. bills
of exchange)
EUR 2,383,193.17
Liabilities due to shareholders
EUR 16,275,491.85
Liabililties due to related companiesEUR 2,043,295.04
Unspecified other liabilities
EUR 2,071,878.67
thereof liabilities from tax /
financial authorities
EUR 161,485.33
thereof liabilities from social
security
EUR 8,966.99
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 104,014,542.47
Inventory change + own costs (+/-)
EUR -17,539,244.50
Inventory change (+/-)
EUR -17,718,337.19
Capitalised own costs
EUR 179,092.69
Other operating income
EUR 6,721,632.02
Cost of materials
EUR 49,518,201.56
Raw materials and supplies, purchased
goods
EUR 43,509,330.96
Purchased services
EUR 6,008,870.60
Gross result (+/-) EUR 43,678,728.43
Staff expenses
EUR 17,130,189.95
Wages and salaries
EUR 14,453,885.50
Social security contributions and
expenses for pension plans and
benefits
EUR 2,676,304.45
Total depreciation
EUR 2,051,999.03
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 2,051,999.03
Other operating expenses
EUR 16,944,459.55
Operating result from continuing
operations
EUR 7,552,079.90
Interest result (+/-)
EUR 63,982.61
Interest and similar income
EUR 80,031.02
Interest and similar expenses
EUR 16,048.41
Financial result (+/-)
EUR 63,982.61
Result from ordinary operations (+/-)
EUR 7,616,062.51
Expenses for transfer of profits to a
parent company
EUR 7,553,396.58
Income tax / refund of income tax (+/-)EUR 4,191.90
Other taxes / refund of taxes
EUR -66,857.83
Tax
(+/-)
EUR -62,665.93
Annual surplus / annual deficit
EUR 0.00
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 58,990,970.10
Fixed assets
EUR 12,625,638.36
Intangible assets
EUR 822,744.00
Concessions, licences, rights
EUR 822,744.00
Tangible assets
EUR 11,802,894.36
Land / similar rights
EUR 6,319,473.28
Plant / machinery
EUR 429,871.00
Other tangible assets / fixtures and
fittings
EUR 4,111,455.01
Advance payments made / construction
in progress
EUR 942,095.07
Current assets
EUR 46,281,244.31
Stocks
EUR 34,137,793.86
Raw materials, consumables and
supplies
EUR 19,617,101.71
Finished goods / work in progress
EUR 51,282,088.14
Advance payments made
EUR 1,190,410.21
Minus received advance payments for
orders / installments for stocks
EUR -37,951,806.20
Accounts receivable
EUR 9,443,884.78
Trade debtors EUR 8,589,979.02
Amounts due from related companies
EUR 102,073.61
Other debtors and assets
EUR 751,832.15
Liquid means
EUR 2,699,565.67
Remaining
other assets EUR 84,087.43
Accruals (assets)
EUR 84,087.43
LIABILITIES EUR 58,990,970.10
Shareholders' equity
EUR 18,632,838.74
Capital
EUR 5,112,918.81
Subscribed capital (share capital)
EUR 5,112,918.81
Reserves
EUR 13,500,000.00
Capital reserves
EUR 13,500,000.00
Balance sheet profit/loss (+/-)
EUR 19,919.93
Profit / loss brought forward
EUR 19,919.93
Provisions
EUR 10,388,808.72
Other / unspecified provisions
EUR 10,388,808.72
Liabilities
EUR 29,969,322.64
Financial debts
EUR 43,756.31
Liabilities due to banks
EUR 43,756.31
Other liabilities
EUR 29,925,566.33
Trade creditors (for IAS incl. bills
of exchange)
EUR 9,343,786.31
Liabilities due to shareholders
EUR 16,171,941.28
Liabililties due to related companiesEUR 2,075,279.74
Unspecified other liabilities
EUR 2,334,559.00
thereof liabilities from tax /
financial authorities
EUR 184,974.83
thereof liabilities from social
security EUR 15,449.27
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 89,128,207.56
Inventory change + own costs (+/-)
EUR 26,896,093.75
Inventory change (+/-)
EUR 26,633,174.79
Capitalised own costs
EUR 262,918.96
Other operating income
EUR 2,268,881.14
Cost of materials
EUR 73,741,605.38
Raw materials and supplies, purchased
goods
EUR 65,691,310.91
Purchased services
EUR 8,050,294.47
Gross result (+/-)
EUR 44,551,577.07
Staff expenses
EUR 16,713,298.25
Wages and salaries
EUR 14,292,327.54
Social security contributions and
expenses for pension plans and
benefits
EUR 2,420,970.71
Total depreciation
EUR 1,521,699.84
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,521,699.84
Other operating expenses
EUR 16,354,511.56
Operating result from continuing
operations
EUR 9,962,067.42
Interest result (+/-)
EUR -319,683.57
Interest and similar income EUR 6,083.26
Interest and similar expenses
EUR 325,766.83
Financial result (+/-)
EUR -319,683.57
Result from ordinary operations (+/-)
EUR 9,642,383.85
Expenses for transfer of profits to a
parent company
EUR 9,577,302.55
Income tax / refund of income tax (+/-)EUR 4,699.44
Other taxes / refund of taxes
EUR -69,780.74
Tax
(+/-) EUR -65,081.30
Annual surplus / annual deficit
EUR 0.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.33 |
|
|
1 |
Rs.77.41 |
|
Euro |
1 |
Rs.64.84 |
INFORMATION DETAILS
|
Report Prepared
by : |
NIT |
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.