MIRA
INFORM REPORT
|
Report Date : |
13.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
GENKINGER-HUBTEX GMBH |
|
|
|
|
Registered Office : |
Albstrasse 49 Munsingen, 72525 |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
01.01.1979 |
|
|
|
|
Com. Reg. No.: |
370153 |
|
|
|
|
Legal Form : |
Private Independent |
|
|
|
|
Line of Business : |
Manufacture of lifting and handling equipment |
|
|
|
|
No. of Employees : |
110 |
RATING & COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow but Correct |
|
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
Genkinger-HUBTEX
GmbH
|
|
|
||||||||||||||||||||||||||||||||||||||||||
Business
Description
|
Genkinger-HUBTEX GmbH is primarily engaged in manufacture of hand
operated or power driven lifting, handling, loading or unloading machinery
(pulley tackle and hoists, winches, capstans and jacks; derricks, cranes, mobile
lifting frames, straddle carriers, etc.; works trucks, whether or not fitted
with lifting or handling equipment whether or not self-propelled, of the type
used in factories;mechanical manipulators and industrial robots specifically
designed for lifting, handling, loading or unloading); manufacture of
conveyors, teleferics, etc.; and manufacture of lifts, escalators and moving
walkways. This class also includes: maintenance of lifts and escalators. |
Industry
|
Industry |
Construction and Agriculture Machinery |
|
ANZSIC 2006: |
2462 - Mining and Construction Machinery
Manufacturing |
|
NACE 2002: |
2922 - Manufacture of lifting and handling
equipment |
|
NAICS 2002: |
33392 - Material Handling Equipment
Manufacturing |
|
UK SIC 2003: |
2922 - Manufacture of lifting and handling
equipment |
|
US SIC 1987: |
3537 - Industrial Trucks, Tractors,
Trailers, and Stackers |
Key Executives
|
1 - Profit & Loss
Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064
Corporate Overview
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
Executives Report
|
Annual Profit & Loss
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.755078 |
0.719047 |
0.730637 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Taxes and social security costs |
0.9 |
1.0 |
1.1 |
|
Total payroll costs |
5.4 |
5.2 |
7.2 |
|
Fixed asset depreciation and amortisation |
0.3 |
0.3 |
0.2 |
|
Other operating costs |
3.9 |
3.9 |
5.6 |
|
Net operating income |
0.5 |
0.1 |
0.2 |
|
Income received from associated companies |
0.0 |
- |
- |
|
Other income |
0.0 |
0.0 |
0.0 |
|
Interest payable on loans |
0.1 |
0.2 |
0.2 |
|
Total expenses |
0.1 |
0.2 |
0.2 |
|
Profit before tax |
0.3 |
-0.2 |
0.1 |
|
Provisions |
0.3 |
0.3 |
0.8 |
|
Extraordinary expenses |
0.0 |
- |
- |
|
Extraordinary result |
0.0 |
- |
- |
|
Other taxes |
0.0 |
0.0 |
0.0 |
|
Total taxation |
0.0 |
0.0 |
- |
|
Net profit |
0.3 |
- |
0.0 |
|
Net loss |
- |
-0.2 |
- |
|
|
|
Annual Balance
Sheet |
|
Financials in:
USD (mil) |
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2007 |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.745406 |
0.696986 |
0.683971 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Issued capital |
1.3 |
0.1 |
0.1 |
|
Capital reserves |
3.6 |
3.9 |
4.0 |
|
Total reserves |
0.0 |
- |
- |
|
Profits for the year |
-1.0 |
-1.4 |
-1.5 |
|
Profit brought forward from previous year(s) |
-1.3 |
-1.2 |
-1.5 |
|
Total stockholders equity |
4.0 |
2.5 |
2.6 |
|
Provisions and allowances |
0.3 |
0.3 |
0.9 |
|
Other debentures |
2.0 |
1.2 |
1.8 |
|
Due to participants |
- |
- |
0.9 |
|
Other long-term liabilities |
- |
0.7 |
- |
|
Total long-term liabilities |
2.0 |
2.0 |
2.8 |
|
Trade creditors |
0.4 |
- |
1.0 |
|
Other loans |
1.1 |
1.6 |
0.9 |
|
Taxation and social security |
0.1 |
0.9 |
0.1 |
|
Other current liabilities |
- |
0.4 |
- |
|
Owing to participants |
0.1 |
0.4 |
0.2 |
|
Total current liabilities |
1.7 |
3.3 |
2.2 |
|
Total liabilities (including net worth) |
8.0 |
8.2 |
8.4 |
|
Patents |
0.3 |
0.4 |
0.1 |
|
Intangibles |
0.3 |
0.4 |
0.1 |
|
Land and buildings |
2.2 |
2.2 |
2.2 |
|
Machinery and tools |
0.5 |
0.6 |
0.6 |
|
Fixtures and equipment |
2.2 |
2.2 |
2.2 |
|
Fixed assets under construction |
- |
0.2 |
0.2 |
|
Total tangible fixed assets |
2.8 |
3.2 |
3.1 |
|
Long-term investments |
- |
0.0 |
0.0 |
|
Shares held in associated companies |
0.1 |
0.1 |
- |
|
Total financial assets |
0.1 |
0.1 |
0.0 |
|
Total non-current assets |
3.2 |
3.6 |
3.2 |
|
Net stocks and work in progress |
3.2 |
3.5 |
3.5 |
|
Trade debtors |
0.9 |
- |
- |
|
Other receivables |
0.1 |
0.8 |
1.6 |
|
Total receivables |
1.2 |
0.9 |
1.6 |
|
Owing from participants |
0.2 |
0.1 |
- |
|
Cash and liquid assets |
0.3 |
0.2 |
0.1 |
|
Recoverable taxation |
0.0 |
- |
- |
|
Total current assets |
4.7 |
4.6 |
5.2 |
|
Prepaid expenses and deferred costs |
0.0 |
0.0 |
0.0 |
|
Total assets |
8.0 |
8.2 |
8.4 |
|
Annual Ratios |
|
Financials in:
USD (mil) |
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.745406 |
0.696986 |
0.683971 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Current ratio |
27.52 |
13.85 |
23.89 |
|
Acid test ratio |
8.74 |
3.45 |
7.84 |
|
Total liabilities to net worth |
0.09% |
0.21% |
0.19% |
|
Net worth to total assets |
0.05% |
0.03% |
0.03% |
|
Current liabilities to net worth |
0.04% |
0.13% |
0.08% |
|
Current liabilities to stock |
0.05% |
0.10% |
0.06% |
|
Fixed assets to net worth |
0.08% |
0.14% |
0.12% |
|
Return on assets |
0.01% |
0.00% |
0.00% |
|
Shareholders' return |
0.01% |
-0.01% |
0.00% |
|
Profit per employee |
0.24 |
-0.12 |
0.03 |
|
Average wage per employee |
4.00 |
3.57 |
4.95 |
|
Net worth |
4.0 |
2.5 |
2.6 |
|
Number of employees |
102 |
105 |
106 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.34 |
|
|
1 |
Rs.86.45 |
|
Euro |
1 |
Rs.68.04 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.