MIRA
INFORM REPORT
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Report Date : |
09.08.2012 |
IDENTIFICATION DETAILS
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Name : |
FERDINAND ERLMANN WERKZEUGBAU GMBH & CO. |
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Registered Office : |
Hohewardstrasse 350, Herten, 45699 |
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Country : |
Germany |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
12.01.1967 |
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Com. Reg. No.: |
892 |
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Legal Form : |
Private Independent Company |
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Line of Business : |
manufacturer 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 |
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No. of Employees : |
25 |
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 : |
Slow |
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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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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
Ferdinand Erlmann Werkzeugbau GmbH & Co.
Hohewardstrasse 350
Herten, 45699
Germany
Tel: +49 (0) 2366 18010
Fax: +49 (0) 2366 180119
Synthesis
Employees: 25
Company Type: Private
Independent
Incorporation Date: 12-Jan-1967
Financials in: USD
(millions)
Fiscal Year End:
31-Dec-2010
Reporting Currency: Euro
Annual Sales: NA
Total Assets: 2.9
Business Description
Ferdinand Erlmann Werkzeugbau GmbH & Co. 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
Rolf Stratmann Limited partner
Registered No.(DEU): 892
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064
Corporate Overview
Location
Hohewardstrasse 350
Herten, 45699
Germany
Tel: +49 (0) 2366 18010
Fax: +49 (0) 2366 180119
Sales EUR(mil): NA
Assets EUR(mil): 2.2
Employees: 25
Fiscal Year End: 31-Dec-2010
Industry: Miscellaneous
Capital Goods
Incorporation Date: 12-Jan-1967
Company Type: Private
Independent
Quoted Status: Not
Quoted
Registered No.(DEU): 892
Limited partner: Rolf
Stratmann
Contents
Industry Codes
Business Description
Financial Data
Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
245 - Pump, Compressor, Heating and Ventilation Equipment
Manufacturing
2463 - Machine Tool and Parts Manufacturing
2499 - Other Machinery and Equipment Manufacturing Not Elsewhere
Classified
NACE 2002 Codes:
2924 - Manufacture of other general purpose machinery not
elsewhere classified
2912 - Manufacture of pumps and compressors
2951 - Manufacture of machinery for metallurgy
NAICS 2002 Codes:
33391 - Pump and Compressor Manufacturing
33399 - All Other General Purpose Machinery Manufacturing
333516 - Rolling Mill Machinery and Equipment Manufacturing
US SIC 1987:
3541 - Machine Tools, Metal Cutting Types
3569 - General Industrial Machinery and Equipment, Not Elsewhere
Classified
356 - General Industrial Machinery and Equipment
UK SIC 2003:
2912 - Manufacture of pumps and compressors
2951 - Manufacture of machinery for metallurgy
2924 - Manufacture of other general purpose machinery not
elsewhere classified
Business
Description
Ferdinand Erlmann
Werkzeugbau GmbH & Co. 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.
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Executive report
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Executives |
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Limited partner |
Partner |
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Annual Profit & Loss
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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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) |
0.755078 |
0.719047 |
0.683679 |
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Consolidated |
No |
No |
No |
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Provisions |
0.1 |
0.1 |
0.2 |
Annual Balance
Sheet
Financials in: USD (mil)
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Total
stockholders equity |
1.6 |
1.8 |
1.8 |
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Provisions and allowances |
0.1 |
0.1 |
0.2 |
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Total long-term
liabilities |
0.1 |
0.2 |
0.0 |
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Total current
liabilities |
1.0 |
0.6 |
0.5 |
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Total
liabilities (including net worth) |
2.9 |
2.7 |
2.6 |
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Intangibles |
0.0 |
0.0 |
0.0 |
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Total tangible
fixed assets |
1.4 |
1.5 |
1.5 |
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Total financial
assets |
0.2 |
0.0 |
0.0 |
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Total non-current
assets |
1.6 |
1.6 |
1.6 |
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Net stocks and work in progress |
0.5 |
0.5 |
0.4 |
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Total
receivables |
0.9 |
0.5 |
0.2 |
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Cash and liquid assets |
- |
0.0 |
0.4 |
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Total current
assets |
1.3 |
1.1 |
1.0 |
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Prepaid expenses and deferred costs |
0.0 |
0.0 |
0.0 |
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Total assets |
2.9 |
2.7 |
2.6 |
Annual Ratios
Financials in: USD (mil)
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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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 |
0.745406 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Current ratio |
13.54 |
18.31 |
18.96 |
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Acid test ratio |
8.83 |
9.24 |
10.72 |
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Total liabilities to net worth |
0.07% |
0.04% |
0.03% |
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Net worth to total assets |
0.06% |
0.07% |
0.07% |
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Current liabilities to net worth |
0.06% |
0.03% |
0.03% |
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Current liabilities to stock |
0.21% |
0.11% |
0.12% |
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Fixed assets to net worth |
0.10% |
0.09% |
0.09% |
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Net worth |
1.6 |
1.8 |
1.8 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.15 |
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UK Pound |
1 |
Rs.86.00 |
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Euro |
1 |
Rs.68.31 |
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.