MIRA INFORM REPORT

 

 

Report Date :

10.08.2012

 

IDENTIFICATION DETAILS

 

Name :

RUD. KANZOW (GMBH & CO.) KG

 

 

Registered Office :

Trettaustrasse 22, Hamburg, 21107

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

28.09.1977

 

 

Com. Reg. No.:

7493

 

 

Legal Form :

Private Independent

 

 

Line of Business :

Wholesale of other food including fish, crustaceans and molluscs.

 

 

No. of Employees :

33

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

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

 

Rud. Kanzow (GmbH & Co.) KG

 

 

 

Trettaustrasse 22

 

 

Hamburg, 21107

Germany

 

Tel:

+49 (0) 40 7519800

Fax:

+49 (0) 40 751563

Employees:

33

Company Type:

Private Independent

 

 

Incorporation Date:

28-Sep-1977

Fiscal Year End:

31-Dec-2010

Reporting Currency:

Euro

Annual Sales:

NA

Total Assets:

26.4

 

 

 

Business Description

 

 

Rud. Kanzow (GmbH & Co.) KG is primarily engaged in wholesale of other food including fish, crustaceans and molluscs. This class also includes: wholesale of potato products; and wholesale of feed for pet animals.

 

 

Industry

 

 

 

Industry

Retail (Grocery)

ANZSIC 2006:

360 - Grocery, Liquor and Tobacco Product Wholesaling

NACE 2002:

5138 - Wholesale of other food including fish, crustaceans and molluscs

NAICS 2002:

424460 - Fish and Seafood Merchant Wholesalers

UK SIC 2003:

5138 - Wholesale of other food including fish, crustaceans and molluscs

US SIC 1987:

5146 - Fish and Seafoods

 

 

Key Executives

 

 

 

Name

Title

 

Kirsten Fischer

Limited partner

 

Henrik Rauschert

Limited partner

 

Julia Rauschert

Limited partner

 

Dorothee Schmidt-Prange

Limited partner

 

Dirk Wogart

Limited partner

 

 

Registered No.(DEU)

 

7493

 

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
Trettaustrasse 22
Hamburg, 21107
Germany

 

Tel:

+49 (0) 40 7519800

Fax:

+49 (0) 40 751563

 

Suggest Company URL

 

Sales EUR(mil):

NA

Assets EUR(mil):

19.7

Employees:

33

Fiscal Year End:

31-Dec-2010

 

 

 

Industry:

Retail (Grocery)

Incorporation Date:

28-Sep-1977

Company Type:

Private Independent

Quoted Status:

Not Quoted

Registered No.(DEU):

7493

 

Limited partner:

Dorothee Schmidt-Prange

 

 

Industry Codes

 

 

 

ANZSIC 2006 Codes:

360

-

Grocery, Liquor and Tobacco Product Wholesaling

3603

-

Dairy Produce Wholesaling

 

NACE 2002 Codes:

5138

-

Wholesale of other food including fish, crustaceans and molluscs

5133

-

Wholesale of dairy produce, eggs and edible oils and fats

 

NAICS 2002 Codes:

424460

-

Fish and Seafood Merchant Wholesalers

4244

-

Grocery and Related Product Merchant Wholesalers

 

US SIC 1987:

5143

-

Dairy Products, Except Dried or Canned

5146

-

Fish and Seafoods

 

UK SIC 2003:

5133

-

Wholesale of dairy produce, eggs and edible oils and fats

5138

-

Wholesale of other food including fish, crustaceans and molluscs

Top

Business Description

Rud. Kanzow (GmbH & Co.) KG is primarily engaged in wholesale of other food including fish, crustaceans and molluscs. This class also includes: wholesale of potato products; and wholesale of feed for pet animals.

 

Top

 

 

 

 

Financial Data

Financials in:

EUR(mil)

 

Assets:

19.7

Current Assets:

19.3

 

Total Liabilities:

19.7

 

Net Worth:

2.5

 

 

 

Date of Financial Data:

31-Dec-2010

 

1 Year Growth

NA

Top

Key Corporate Relationships

Bank:

Deutsche Bank

 

 

 

 

 

 

 

Top

 

 

 

Rud. Kanzow (GmbH & Co.) KG

Hamburg, Hamburg, Germany, Tel: +49 (0) 40 7519800

Executives Report

 

Executives

 

Name

Title

Function

 

Kirsten Fischer

 

Limited partner

Partner

 

Julia Rauschert

 

Limited partner

Partner

 

Henrik Rauschert

 

Limited partner

Partner

 

Dorothee Schmidt-Prange

 

Limited partner

Partner

 

Dirk Wogart

 

Limited partner

Partner

 

 

 

Rud. Kanzow (GmbH & Co.) KG

 

Hamburg, Hamburg, Germany, Tel: +49 (0) 40 7519800

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

-

73.8

75.3

Raw materials and services

-

60.5

61.2

Net sales

-

73.8

75.3

Other operating income

-

0.7

1.0

Raw materials and consumables employed

-

60.5

61.2

Cost of goods sold

-

60.5

61.2

Cost of raw materials

-

60.5

61.2

Taxes and social security costs

0.4

0.4

0.4

Total payroll costs

4.5

4.5

4.7

Fixed asset depreciation and amortisation

0.2

0.2

0.2

Other operating costs

8.9

8.2

9.4

Net operating income

5.4

5.3

5.6

Other income

0.0

0.0

0.0

Interest payable on loans

0.1

0.1

0.1

Total expenses

0.1

0.1

0.1

Profit before tax

5.3

5.2

5.5

Provisions

2.4

2.1

2.0

Other taxes

0.0

0.0

0.0

Total taxation

1.2

1.1

1.1

Net profit

4.1

4.2

4.4

 

 

 

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

 

 

 

 

Capital reserves

-

2.9

-

Total stockholders equity

3.4

3.6

0.7

Deferred taxation

0.4

0.3

-

Other provisions

2.0

1.9

1.9

Provisions and allowances

2.4

2.2

1.9

Trade creditors

2.6

2.1

3.0

Other loans

4.5

2.8

3.6

Taxation and social security

0.5

0.7

0.7

Other current liabilities

13.1

12.7

15.4

Total current liabilities

20.7

18.3

22.7

Total liabilities (including net worth)

26.4

24.1

25.3

Patents

0.1

0.1

0.0

Intangibles

0.1

0.1

0.0

Total tangible fixed assets

0.4

0.5

0.6

Total non-current assets

0.5

0.6

0.6

Raw materials

0.0

0.0

0.0

Finished goods

16.0

15.1

16.5

Net stocks and work in progress

16.0

15.1

16.5

Trade debtors

8.1

7.3

7.1

Other receivables

1.0

0.9

0.9

Total receivables

9.1

8.1

8.0

Cash and liquid assets

0.8

0.2

0.2

Total current assets

25.9

23.4

24.7

Prepaid expenses and deferred costs

0.0

0.0

0.0

Total assets

26.4

24.1

25.3

 

 

 

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

12.52

12.82

10.88

Acid test ratio

4.78

4.56

3.63

Total liabilities to net worth

0.61%

0.51%

3.20%

Net worth to total assets

0.01%

0.02%

0.00%

Current liabilities to net worth

0.61%

0.51%

3.20%

Current liabilities to stock

0.13%

0.12%

0.14%

Fixed assets to net worth

0.02%

0.02%

0.08%

Collection period

-

350.00

361.00

Stock turnover rate

-

1.98

2.30

Profit margin

-

0.01%

0.01%

Return on assets

0.02%

0.02%

0.02%

Shareholders' return

0.12%

0.12%

0.59%

Sales per employee

-

160.83

156.10

Profit per employee

8.68

9.06

9.09

Average wage per employee

9.47

9.75

9.71

Net worth

3.4

3.6

0.7

Number of employees

36

33

33

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.17

UK Pound

1

Rs.86.42

Euro

1

Rs.68.26

 

 

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 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.