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Report Date : |
21.12.2012 |
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|
|
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Tel. No.: |
08386 93933 |
IDENTIFICATION DETAILS
|
Name : |
PETOPA
VERPACKUNGSFOLIEN HANDELS-GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG |
|
|
|
|
Registered Office : |
Wengen 11a, D 87534
Oberstaufen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Year of Establishment : |
1994 |
|
|
|
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Com. Reg. No.: |
HRB 8151 |
|
|
|
|
Legal Form : |
Private Limited
Company |
|
|
|
|
Line of Business : |
Manufacturer of
plastic plates, sheets, tubes and profiles |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
24,000 EUR |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
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 |
Petopa
Verpackungsfolien Handels-Gesellschaft
mit beschränkter Haftung
Wengen 11a
D 87534 Oberstaufen
Telephone: 08386/939330
Telefax: 08386/939355
Homepage: www.petopa.de
E-mail: info@petopa.com
DE811777340
LEGAL FORM Private
limited company
Date of
foundation: 1994
Shareholders'
agreement: 13.12.1994
Registered on: 08.05.2003
Commercial
Register: Local court 87435 Kempten
under: HRB
8151
Share capital: EUR
160,000.00
Ellen Stehl
Am Silberbühl 16
D 87534 Oberstaufen
née: Kranz
Share: EUR 160,000.00
Thomas Stehl
Am Silberbühl 16
D 87534 Oberstaufen
having sole power of representation
born: 06.09.1959
Profession: Businessman
Marital status: married
Further functions/participations of Thomas
Stehl (Manager)
Manager:
AES Handel und
Beratungsservice GmbH
Am Silberbühl 16
D 87534 Oberstaufen
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 27.03.2001
Reg. data: 87435 Kempten, HRB 7451
13.12.1994 -
08.05.2003 Petopa Verpackungsfolien
Handels-Gesellschaft mit beschränkter
Haftung
Steingasse 13
D 65719 Hofheim
Private limited
company
Secondary industrial sector
22210 Manufacture of plastic plates, sheets, tubes
and profiles
46186 Agents involved in the sale of paperboard,
paper, stationery, office supplies, giftware, advertising goods,
packings and wallpaper
Branch:
Petopa Verpackungsfolien
Handels-Gesellschaft mit
beschränkter
Haftung
Steingasse 13
D 65719 Hofheim
TEL.: 06122/940066
Payment
experience: within periods
customary in this trade
Negative
information: We have no negative
information at hand.
Maximum
credit: 24,000 EUR
Balance sheet year:
2010
Type of
ownership: Tenant
Address Steingasse
13
D 65719 Hofheim
Type of
ownership: Tenant
Address Wengen
11a
D 87534 Oberstaufen
Land register
documents were not available.
Principal bank
WIESBADENER
VOLKSBANK, WIESBADEN
Sort. code:
51090000, BIC: WIBADE5WXXX
Further bank
SPARKASSE ALLGÄU,
OBERSTAUFEN
Sort. code:
73350000, BIC: BYLADEM1ALG
Ac/ts
receivable:
EUR 5,306,186.00
Liabilities: EUR 11,874,633.00
The number of
employees is not known.
The aforementioned
business figures may partly be estimated information based on average values in
the line of business.
Balance sheet ratios
01.01.2010 - 31.12.2010
Equity ratio
[%]: 6.18
Liquidity
ratio: 0.45
Balance sheet ratios
01.01.2009 - 31.12.2009
Equity ratio
[%]: 1.21
Liquidity
ratio: 0.38
Return on total
capital [%]: -1.91
Balance sheet ratios
01.01.2008 - 31.12.2008
Equity ratio
[%]: -3.69
Liquidity
ratio: 0.34
Return on total
capital [%]: 1.39
Balance sheet ratios
01.01.2007 - 31.12.2007
Equity ratio
[%]: -4.93
Liquidity
ratio: 0.32
Return on total
capital [%]: 0.71
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 adjusted receivables 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 work with the invested capital.
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 14,000,354.21
Fixed assets EUR 1,226,191.72
Intangible assets EUR 43,901.00
Other / unspecified intangible
assetsEUR 43,901.00
Tangible assets EUR 1,182,239.59
Other / unspecified tangible assets EUR
1,182,239.59
Financial assets EUR 51.13
Other / unspecified financial assets
EUR 51.13
Current assets EUR 12,768,012.49
Stocks EUR 7,247,714.67
Accounts receivable EUR 5,306,186.41
Other debtors and assets EUR 5,306,186.41
Liquid means EUR 214,111.41
Remaining other assets EUR 6,150.00
Accruals (assets) EUR 6,150.00
LIABILITIES EUR 14,000,354.21
Shareholders' equity EUR 892,163.79
Capital EUR 160,000.00
Subscribed capital (share capital) EUR 160,000.00
Reserves EUR 732,163.79
Retained earnings / revenue reserves
EUR 732,163.79
Items between shareholders' equity and
debt capital EUR 500,000.00
Mezzanine financing EUR 500,000.00
Contributions of silent partners EUR 500,000.00
Provisions EUR 733,557.26
Liabilities EUR 11,874,633.16
Other liabilities EUR 11,874,633.16
Unspecified other liabilities EUR 11,874,633.16
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 4,485,554.66
Fixed assets EUR 1,303,089.72
Intangible assets EUR 16,700.00
Other / unspecified intangible
assetsEUR 16,700.00
Tangible assets EUR 1,286,338.59
Other / unspecified tangible assets EUR
1,286,338.59
Financial assets EUR 51.13
Other / unspecified financial assets EUR 51.13
Current assets EUR 2,989,312.14
Stocks EUR 1,445,285.71
Accounts receivable EUR 1,390,685.10
Other debtors and assets EUR 1,390,685.10
Liquid means EUR 153,341.33
Remaining other assets EUR 193,152.80
Accruals (assets) EUR 10,600.00
Deficit not covered by shareholders'
equity EUR 182,552.80
LIABILITIES EUR 4,485,554.66
Shareholders' equity EUR 0.00
Capital EUR 160,000.00
Subscribed capital (share capital) EUR 160,000.00
Balance sheet profit/loss (+/-) EUR -342,552.80
Profit / loss brought forward EUR -342,552.80
Other shareholders' equity (+/-) EUR 182,552.80
Deficit not covered by shareholders'
equity EUR 182,552.80
Items between shareholders' equity and
debt capital EUR 537,451.20
Special items with reserve funds EUR 500,000.00
Allowances / bonuses EUR 37,451.20
Provisions EUR 138,403.00
Liabilities EUR 3,809,700.46
Other liabilities EUR 3,809,700.46
Unspecified other liabilities EUR 3,809,700.46
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.84 |
|
UK Pound |
1 |
Rs.89.11 |
|
Euro |
1 |
Rs.72.47 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.