MIRA INFORM REPORT

 

 

Report Date :

09.08.2012

 

IDENTIFICATION DETAILS

 

Name :

RALF BOHLE GMBH

 

 

Registered Office :

Otto-Hahn-Strasse 1, Reichshof, 51580

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

1922

 

 

Com. Reg. No.:

8044

 

 

Legal Form :

Private Parent

 

 

Line of Business :

Wholesale of other household goods

 

 

No. of Employees :

100

 

 

RATING & COMMENTS

 

MIRAs 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 March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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 and address

 

Ralf Bohle GmbH

 

 

 

Otto-Hahn-Strasse 1

 

 

Reichshof, 51580

Germany

 

Tel:

49 (2265) 109-0

Fax:

49 (2265) 70 22

 

www.schwalbe.com

 

 

Employees:

100

Company Type:

Private Parent

Corporate Family:

2 Companies

 

 

Incorporation Date:

1922

Financials in:

 

 

 

Fiscal Year End:

31-Dec-2010

Reporting Currency:

Euro

Annual Sales:

127.9

Total Assets:

76.7

 

 

Business Description

 

 

Ralf Bohle GmbH is primarily engaged in manufacture of rubber tyres for vehicles, equipment, mobile machinery and other uses: pneumatic tyres; and solid or cushion tyres. Manufacture of inner tubes for tyres; and manufacture of interchangeable tyre treads, tyre flaps, “camel-back strips for retreading tyres, etc.

 

 

Industry

 

 

 

 

Industry

Recreational Products

ANZSIC 2006:

3734 - Toy and Sporting Goods Wholesaling

NACE 2002:

5147 - Wholesale of other household goods

NAICS 2002:

423910 - Sporting and Recreational Goods and Supplies Merchant Wholesalers

UK SIC 2003:

51479 - Wholesale of other household goods not elsewhere classified

US SIC 1987:

5091 - Sporting and Recreational Goods and Supplies

 

 

Key Executives

 

 

Name

Title

Andreas Grothe

Managing director

Holger Jahn

Managing director

Frank Bohle

Executive

 

Registered No.(DEU)

 

8044

 

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
Otto-Hahn-Strasse 1
Reichshof, 51580
Germany

 

Tel:

49 (2265) 109-0

Fax:

49 (2265) 70 22

 

www.schwalbe.com

Sales EUR(mil):

96.6

Assets EUR(mil):

57.2

Employees:

100

Fiscal Year End:

31-Dec-2010

 

 

 

Industry:

Recreational Products

Incorporation Date:

1922

Company Type:

Private Parent

Quoted Status:

Not Quoted

Registered No.(DEU):

8044

 

Managing director:

Andreas Grothe

 

 

Industry Codes

 

 

 

ANZSIC 2006 Codes:

3504

-

Motor Vehicle New Parts Wholesaling

3734

-

Toy and Sporting Goods Wholesaling

 

NACE 2002 Codes:

5147

-

Wholesale of other household goods

5030

-

Sale of motor vehicle parts and accessories

 

NAICS 2002 Codes:

423130

-

Tire and Tube Merchant Wholesalers

423910

-

Sporting and Recreational Goods and Supplies Merchant Wholesalers

 

US SIC 1987:

5014

-

Tires and Tubes

5091

-

Sporting and Recreational Goods and Supplies

 

UK SIC 2003:

5030

-

Sale of motor vehicle parts and accessories

51479

-

Wholesale of other household goods not elsewhere classified

Top

Business Description

Dealers in pneumatic tyres, especially for bicycles

Source: Graham & Whiteside

More Business Descriptions

Ralf Bohle GmbH is primarily engaged in manufacture of rubber tyres for vehicles, equipment, mobile machinery and other uses: pneumatic tyres; and solid or cushion tyres. Manufacture of inner tubes for tyres; and manufacture of interchangeable tyre treads, tyre flaps, “camel-back strips for retreading tyres, etc.

Source: D&B

Top

 

 

 

 

Brand/Trade Names

Schwalbe

Impac

Trax

Top

Financial Data

Financials in:

EUR(mil)

 

Revenue:

96.6

Assets:

57.2

Current Assets:

37.0

 

Total Liabilities:

57.2

 

Issued Capital:

5.0

 

Net Worth:

47.1

 

 

 

Date of Financial Data:

31-Dec-2010

 

1 Year Growth

NA

NA

Top

Key Corporate Relationships

Bank:

Deutsche Bank AG, Commerzbank AG, Sparkasse Gummersbach, Kreissparkasse Köln

 

 

 

 

 

 

 

Top

 

Corporate Family

Corporate Structure News:

 

Ralf Bohle GmbH

Ralf Bohle GmbH
Total Corporate Family Members: 2

 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

 

Ralf Bohle GmbH

Parent

Reichshof, Nordrhein-Westfalen

Germany

Recreational Products

127.9

100

 

Anglo Dutch B.V.

Subsidiary

Hoofddorp, Noord-Holland

Netherlands

Miscellaneous Capital Goods

 

19

 

 

 

 

 

 

Ralf Bohle GmbH

Reichshof, Nordrhein-Westfalen, Germany, Tel: 49 (2265) 109-0, URL: http://www.schwalbe.com

 

Executives Report

 

Executives

 

Name

Title

Function

 

Andreas Grothe

 

Managing director

Managing Director

 

Holger Jahn

 

Managing director

Managing Director

 

Frank Bohle

 

Executive

Other

 

 

 

 

Ralf Bohle GmbH

 

Reichshof, Nordrhein-Westfalen, Germany, Tel: 49 (2265) 109-0, URL: http://www.schwalbe.com

Annual Profit & Loss

 

 

 

 

 

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.755078

0.719047

0.683679

Consolidated

No

No

No

 

 

 

 

Total income

127.9

-

-

Raw materials and services

78.5

-

-

Net sales

127.9

-

-

Other operating income

0.9

-

-

Raw materials and consumables employed

78.5

-

-

Cost of goods sold

78.5

-

-

Cost of raw materials

78.5

-

-

Taxes and social security costs

1.6

-

-

Total payroll costs

11.8

-

-

Fixed asset depreciation and amortisation

1.9

-

-

Other operating costs

25.2

-

-

Net operating income

24.0

-

-

Interest received from loans

3.3

-

-

Other income

0.6

-

-

Interest payable on loans

0.1

-

-

Total expenses

-3.8

-

-

Profit before tax

27.8

-

-

Provisions

4.7

5.3

5.5

Extraordinary expenses

0.2

-

-

Extraordinary result

-0.2

-

-

Other taxes

0.1

-

-

Total taxation

7.6

-

-

Net profit

19.9

-

-

 

 

 

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Issued capital

6.7

7.2

7.0

Capital reserves

0.0

0.0

0.0

Other reserves

13.4

14.3

13.9

Total reserves

13.4

14.3

13.9

Profits for the year

43.0

34.5

22.6

Profit brought forward from previous year(s)

22.8

14.7

8.7

Total stockholders equity

63.2

56.0

43.5

Deferred taxation

0.8

0.8

1.6

Other provisions

2.7

2.7

1.9

Provision for pensions

1.3

1.9

1.8

Provisions and allowances

4.8

5.4

5.3

Trade creditors

2.5

1.7

2.2

Other loans

-

-

0.3

Taxation and social security

4.9

6.9

17.5

Due to group companies

0.2

0.1

0.2

Owing to participants

1.1

-

0.2

Total current liabilities

8.7

8.7

20.4

Total liabilities (including net worth)

76.7

70.1

69.1

Patents

0.1

0.2

0.1

Intangibles

0.1

0.2

0.1

Land and buildings

9.6

10.7

10.6

Fixtures and equipment

9.6

10.7

10.6

Fixed assets under construction

0.4

0.5

0.1

Total tangible fixed assets

14.6

15.2

14.2

Other financial assets

0.6

0.1

1.2

Shares held in associated companies

0.5

0.3

0.3

Total financial assets

12.1

8.8

11.3

Loans to participants

6.7

4.2

5.0

Loans to associated companies

4.2

4.2

4.8

Total non-current assets

26.7

24.2

25.5

Finished goods

20.0

17.3

19.4

Net stocks and work in progress

20.0

17.3

19.4

Trade debtors

7.7

7.2

10.2

Other receivables

1.2

1.4

0.9

Total receivables

9.9

9.0

11.5

Owing from associated companies

1.0

0.2

0.4

Owing from participants

-

0.2

-

Cash and liquid assets

19.7

3.3

6.2

Marketable securities

-

16.1

6.2

Short-term investments

-

16.1

6.2

Total current assets

49.6

45.7

43.4

Prepaid expenses and deferred costs

0.4

0.2

0.2

Total assets

76.7

70.1

69.1

 

 

 

Annual Ratios

Financials in: USD (mil)

 

 

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Current ratio

56.83

52.84

21.29

Acid test ratio

33.90

32.80

11.75

Total liabilities to net worth

0.01%

0.02%

0.05%

Net worth to total assets

0.08%

0.08%

0.06%

Current liabilities to net worth

0.01%

0.02%

0.05%

Current liabilities to stock

0.04%

0.05%

0.10%

Fixed assets to net worth

0.04%

0.04%

0.06%

Collection period

215.00

-

-

Stock turnover rate

1.55

-

-

Profit margin

0.02%

-

-

Return on assets

0.03%

-

-

Shareholders' return

0.03%

-

-

Sales per employee

76.05

-

-

Profit per employee

11.97

-

-

Average wage per employee

7.01

-

-

Net worth

63.2

56.0

43.5

Number of employees

127

-

-

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.14

UK Pound

1

Rs.86.00

Euro

1

Rs.68.31

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

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 SCs 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.