|
Report Date : |
07.12.2012 |
IDENTIFICATION DETAILS
|
Name : |
RAMPF FORMEN GMBH |
|
|
|
|
Registered Office : |
Altheimer Str. 1D 89604 Allmendingen Post Box: 62, D 89602 Allmendingen |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
07.06.1974 |
|
|
|
|
Reg. No.: |
HRB 490154 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
Manufacture of other general-purpose machinery |
|
|
|
|
No. of Employees : |
295 |
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 : |
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
germany - ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth in 2006 and 2007 and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 6.0% in 2011. GDP contracted 5.1% in 2009 but grew by 3.6% in 2010, and 2.7% in 2011. The recovery was attributable primarily to rebounding manufacturing orders and exports - increasingly outside the Euro Zone. Germany's central bank projects that GDP will grow 0.6% in 2012, a reflection of the worsening euro-zone financial crisis and the financial burden it places on Germany as well as falling demand for German exports. Domestic demand is therefore becoming a more significant driver of Germany's economic expansion. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's budget deficit to 3.3% in 2010, but slower spending and higher tax revenues reduce the deficit to 1.7% in 2011, below the EU's 3% limit. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its energy and 46% of its base-load electrical production.
|
Source : CIA |
RAMPF FORMEN GMBH
Company Status: active
Altheimer Str. 1
D 89604 Allmendingen
Post Box:
62, D 89602 Allmendingen
Telephone:07391/5050
Telefax: 07391/505142
Homepage: www.rampf.de
E-mail: info@rampf.de
VAT no.: DE145217643
LEGAL FORM Private limited company
Date of foundation: 1974
Shareholders'
agreement: 07.06.1974
Registered on: 28.08.1974
Commercial Register: Local court 89073 Ulm
under: HRB 490154
Share capital: EUR 230,081.35
Shareholder:
Rampf Holding GmbH & Co. KG
Altheimer Str. 1
D 89604 Allmendingen
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 210,000.00
contribution:
Share: EUR 230,081.35
Registered on: 21.08.2001
Reg. data: 89073 Ulm, HRA 490563
Manager:
Joachim Theodor Reul
Heuberge 43
D 49808 Lingen
born: 27.04.1950
Profession: graduate engineer
Proxy:
Robert Binder
Frankenstr. 51 OT Gerlenhofen
D 89233 Neu-Ulm
having sole power of representation
born: 17.11.1957
Marital status: married
Proxy:
Edith Ortlieb
D 89155 Erbach
born: 06.05.1958
Proxy:
Harald Konrad
D 89134 Blaustein
authorized to jointly represent the company
born: 02.03.1964
Proxy:
Wilhelm Engelmann
D 89195 Staig
authorized to jointly represent the company
born: 10.10.1950
Proxy:
Frank Schunack
D 89607 Emerkingen
authorized to jointly represent the company
born: 10.01.1963
Further functions/participations of Joachim Theodor Reul
(Manager)
Manager:
Rampf Holding Verwaltungs-GmbH
Altheimer Str. 1
D 89604 Allmendingen
Legal form: Private limited company
Share capital: EUR 30,000.00
Registered
on: 21.08.2001
Reg. data: 89073 Ulm, HRB 490592
Manager:
Rampf International GmbH
Altheimer Str. 1
D 89604 Allmendingen
Legal form: Private limited company
Share capital: EUR 30,000.00
Registered
on: 21.08.2001
Reg. data: 89073 Ulm, HRB 490593
Manager:
Franz Rampf und Söhne GmbH
Altheimer Str. 1
D 89604 Allmendingen
Legal form: Private limited company
Share capital: EUR 26,075.89
Registered
on: 26.02.1973
Reg. data: 89073 Ulm, HRB 490143
Manager:
Rampf Beteiligungs GmbH
Altheimer Str. 1
D 89604 Allmendingen
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 29.12.2003
Reg. data: 89073 Ulm, HRB 490646
07.06.1974 - 13.11.1980 Rampf Verwaltungsgesellschaft mbH
Altheimerstr. 1
D 89604 Allmendingen
Private limited company
15.08.2002 - 12.09.2012 Manager
Berthold Rampf
D 89143 Blaubeuren
15.08.2002 - 23.11.2011 Manager
Achim Rampf
D 89155 Erbach
15.08.2002 - 23.11.2011 Manager
Roland Rampf
D 89073 Ulm
25.05.2011 - 13.07.2011 Manager
Andrea Jaspert
D 71065 Sindelfingen
31.01.2008 - 12.05.2011 Manager
Manfred Schuster
D 22926 Ahrensburg
Secondary industrial sector
28290 Manufacture of other general-purpose machinery
Branch:
Rampf Formen GmbH
Schortental 30 OT Königshofen
D 07607 Eisenberg
TEL.: 036691/53354
Limited partner:
Rampf Grundstücksverwaltungs GmbH & Co. KG
Altheimer Str. 1
D 89604 Allmendingen
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 5,000.00
contribution:
Share: EUR 5,000.00
Reg. data: 29.12.2003
Local court 89073 Ulm
HRA 490577
Payment experience: within periods customary in this trade
Negative information:We have no negative information at hand.
Balance sheet year: 2010
Type of ownership: Tenant
Address Altheimer Str. 1
D 89604 Allmendingen
Type of ownership: Tenant
Address Schortental 30 OT Königshofen
D 07607 Eisenberg
Land register documents were not available.
Principal bank
SPARKASSE ULM, ERBACH, DONAU
Sort. code: 63050000, BIC: SOLADES1ULM
Further banks
COMMERZBANK, ULM, DONAU
Sort. code: 63040053, BIC: COBADEFF630
COMMERZBANK, NEU-ULM
Sort. code: 63040053, BIC: COBADEFF630
SPARKASSE JENA-SAALE-HOLZLAND, JENA
Sort. code: 83053030, BIC: HELADEF1JEN
UNICREDIT BANK - HYPOVEREINSBANK, ULM, DONAU
Sort. code: 63020086, BIC: HYVEDEMM461
POSTBANK, STUTTGART
Sort. code: 60010070, BIC: PBNKDEFF600
SPARKASSE ULM, ULM, DONAU
Sort. code: 63050000, BIC: SOLADES1ULM
Turnover: 2010 EUR 37,696,437.00
Profit: 2010 EUR -3,158,318.00
Equipment: EUR 1,826,965.00
Ac/ts
receivable:
EUR 5,847,483.00
Liabilities: EUR 10,648,965.00
Employees:
295
- thereof permanent
staff:
268
- Trainees:
27
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: -1.30
Liquidity ratio: 0.83
Return on total capital [%]: -14.10
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 15.85
Liquidity ratio: 0.89
Return on total capital [%]: -1.29
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 11.07
Liquidity ratio: 0.88
Return on total capital [%]: 2.93
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 18.93
Liquidity ratio: 1.37
Return on total capital [%]: 2.87
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 adjustedreceivables 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 workwith the invested capital.
Type of balance
sheet: Company balance sheet
Financial
year: 01.01.2010 - 31.12.2010
ASSETS EUR 22,035,941.49
Fixed assets EUR 9,387,910.35
Intangible assets EUR 739,557.12
Concessions, licences, rights EUR 587,212.27
Advance payments for intang. assets EUR
152,344.85
Tangible assets EUR 4,167,483.89
Land / similar rights EUR 186,914.08
Plant / machinery EUR 2,153,604.46
Other tangible assets / fixtures and
fittings EUR 1,826,965.35
Financial assets EUR 4,480,869.34
Shares in participations /
subsidiaries and the like EUR 706,856.76
Shares in related companies EUR 706,856.76
Loans to participations /
subsidiaries and the like EUR 2,738,036.19
Loans to related companies EUR 2,738,036.19
Other loans EUR 1,035,976.39
Current assets EUR 12,168,866.49
Stocks EUR 3,066,826.94
Raw materials, consumables and
supplies EUR 1,374,860.00
Finished goods / work in progress EUR
2,369,860.00
Minus received advance payments for
orders / installments for stocks EUR -677,893.06
Accounts receivable EUR 5,847,483.06
Trade debtors EUR 3,345,623.31
Amounts due from related companies EUR
2,188,656.71
Other debtors and assets EUR 313,203.04
Liquid means EUR 3,254,556.49
Remaining other assets EUR 479,164.65
Accruals (assets) EUR 109,110.12
Deferred taxes (assets) EUR 97,365.52
Deficit not covered by shareholders'
equity EUR 272,689.01
LIABILITIES EUR 22,035,941.49
Shareholders' equity EUR 0.00
Capital EUR 230,081.35
Subscribed capital (share capital) EUR 230,081.35
Balance sheet profit/loss (+/-) EUR -502,770.36
Profit / loss brought forward EUR 2,655,547.84
Annual surplus / annual deficit EUR -3,158,318.20
Other shareholders' equity (+/-) EUR 272,689.01
Deficit not covered by shareholders'
equity EUR 272,689.01
Provisions EUR 11,386,976.40
Pension provisions and comparable
provisions EUR 9,008,549.00
Provisions for taxes EUR 77,615.40
Other / unspecified provisions EUR 2,300,812.00
Liabilities EUR 10,648,965.09
Financial debts EUR 5,149,320.00
Liabilities due to banks EUR 5,149,320.00
Other liabilities EUR 5,499,645.09
Trade creditors (for IAS incl. bills
of exchange) EUR 570,111.79
Liabililties due to related
companiesEUR 2,387,484.99
Unspecified other liabilities EUR 2,542,048.31
thereof liabilities from tax /
financial authorities EUR 172,463.91
thereof liabilities from social
security EUR 10,035.72
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 37,696,437.27
Inventory change + own costs (+/-) EUR
-1,050,330.00
Inventory change (+/-) EUR -1,050,330.00
Other operating income EUR 1,225,533.39
Cost of materials EUR 18,583,039.50
Raw materials and supplies, purchased
goods EUR 17,378,224.97
Purchased services EUR 1,204,814.53
Gross result (+/-) EUR 19,288,601.16
Staff expenses EUR 13,125,628.57
Wages and salaries EUR 11,479,698.35
Social security contributions and
expenses for pension plans and
benefits EUR 1,645,930.22
Total depreciation EUR 918,417.91
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 918,417.91
Other operating expenses EUR 6,719,286.33
Operating result from continuing
operations EUR -1,474,731.65
Result from participating interests
(+/-) EUR 258,913.22
Expenses / income from participations
EUR 258,913.22
Income from related companies EUR 258,913.22
Interest result (+/-) EUR -834,518.54
Interest and similar income EUR 82,718.34
thereof from related companies EUR 21,077.67
Interest and similar expenses EUR 917,236.88
thereof paid to related companies EUR 101,800.49
Other financial result EUR -967,188.61
Income from securities and loans from
financial assets EUR 185,711.39
thereof related companies EUR 184,606.32
Depreciation on financial assets and
marketable securities EUR 1,152,900.00
Financial result (+/-) EUR -1,542,793.93
Result from ordinary operations (+/-) EUR
-3,017,525.58
Extraordinary expenses EUR 140,910.00
Extraordinary result (+/-) EUR
-140,910.00
Income tax / refund of income tax
(+/-)EUR 10,059.95
Other taxes / refund of taxes EUR -9,942.57
Tax (+/-) EUR 117.38
Annual surplus / annual deficit EUR -3,158,318.20
Type
of balance
sheet: Company balance sheet
Financial
year: 01.01.2009 - 31.12.2009
ASSETS EUR 23,982,466.67
Fixed assets EUR 10,971,884.58
Intangible assets EUR 495,914.40
Concessions, licences, rights EUR 72,186.27
Advance payments for intang. assets EUR
423,728.13
Tangible assets EUR 4,527,882.99
Land / similar rights EUR 205,735.08
Plant / machinery EUR 2,479,446.01
Other tangible assets / fixtures and
fittings EUR 1,842,701.90
Financial assets EUR 5,948,087.19
Shares in participations /
subsidiaries and the like EUR 692,992.40
Shares in related companies EUR 692,992.40
Loans to participations /
subsidiaries and the like EUR 5,244,249.58
Loans to related companies EUR 5,244,249.58
Other loans EUR 10,845.21
Current assets EUR 12,929,991.30
Stocks EUR 4,295,609.79
Raw materials, consumables and
supplies EUR 1,387,080.00
Finished goods / work in progress EUR
3,420,190.00
Minus
received advance payments for
orders / installments for stocks EUR -511,660.21
Accounts receivable EUR 5,377,602.37
Trade debtors EUR 2,895,215.18
Amounts due from related companies EUR
2,227,030.47
Other debtors and assets EUR 255,356.72
Liquid means EUR 3,256,779.14
Remaining other assets EUR 80,590.79
Accruals (assets) EUR 80,590.79
LIABILITIES EUR 23,982,466.67
Shareholders' equity EUR 2,844,992.50
Capital EUR 230,081.35
Subscribed capital (share capital) EUR 230,081.35
Balance sheet profit/loss (+/-) EUR 2,614,911.15
Profit / loss brought forward EUR 2,920,989.20
Annual surplus / annual deficit EUR -306,078.05
Provisions EUR 10,664,191.00
Pension provisions and comparable
provisions EUR 9,043,163.00
Provisions for taxes EUR 251,376.00
Other / unspecified provisions EUR 1,369,652.00
Liabilities EUR 10,473,283.17
Financial debts EUR 4,648,000.00
Liabilities due to banks EUR 4,648,000.00
Other liabilities EUR 5,825,283.17
Trade creditors (for IAS incl. bills
of exchange) EUR 883,385.83
Liabililties due to related
companiesEUR 4,525,796.17
Unspecified other liabilities EUR 416,101.17
thereof liabilities from tax /
financial authorities EUR 181,722.04
thereof liabilities from social
security EUR 7,006.93
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 35,267,188.72
Inventory change + own costs (+/-) EUR -766,643.03
Inventory change (+/-) EUR -770,890.00
Capitalised own costs EUR 4,246.97
Other operating income EUR 2,574,462.09
Cost of materials EUR 17,921,503.75
Raw materials and supplies, purchased
goods EUR 16,567,918.02
Purchased services EUR 1,353,585.73
Gross result (+/-) EUR 19,153,504.03
Staff expenses EUR 12,089,172.38
Wages and salaries EUR 9,694,965.61
Social security contributions and
expenses for pension plans and
benefits EUR 2,394,206.77
Total depreciation EUR 904,854.71
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 904,854.71
Other operating expenses EUR 6,261,664.22
Operating result from continuing
operations EUR -102,187.28
Result from participating interests
(+/-) EUR 244,395.18
Expenses / income from participations
EUR 244,395.18
Income from related companies EUR 244,395.18
Interest result (+/-) EUR -330,830.70
Interest and similar income EUR 74,382.08
thereof from related companies EUR 17,360.33
Interest and similar expenses EUR 405,212.78
thereof paid to related companies EUR 121,893.43
Other financial result EUR 10,225.63
Income from securities and loans from
financial assets EUR 249,446.09
thereof related companies EUR 249,098.56
Depreciation on financial assets and
marketable securities EUR 239,220.46
Financial result (+/-) EUR -76,209.89
Result from ordinary operations (+/-) EUR
-178,397.17
Income tax / refund of income tax
(+/-)EUR -112,560.80
Other taxes / refund of taxes EUR -15,120.08
Tax (+/-) EUR
-127,680.88
Annual surplus / annual deficit EUR -306,078.05
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.46 |
|
|
1 |
Rs.87.63 |
|
Euro |
1 |
Rs.71.11 |
INFORMATION DETAILS
|
Report
Prepared by : |
SDA |
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.