MIRA INFORM REPORT

 

 

Report Date :           

07.02.2012

 

IDENTIFICATION DETAILS

 

Name :

MUNI BERKA GMBH

 

 

Registered Office :

Am Frohen Busch/OT Dietersdorf, D 06536 Südharz

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

18.05.1998

 

 

Com. Reg. No.:

HRB 213194

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Other retail sale in specialized stores

 

 

No. of Employees :

71

 

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

 

Maximum Credit Limit :

120,000 EUR

 

 

Status :

good

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

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

 

MUNI BERKA GmbH

 

 

Company address

 

Am Frohen Busch/OT Dietersdorf

D 06536 Südharz

Telephone:034658/22881

Telefax:  034658/22883

E-mail:   dietersdorf@muniberka.de

 

 

VAT no      

 

DE812506008

 

 

Tax ID number

 

118/111/40319

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         18.05.1998

Shareholders'

agreement:                    18.05.1998

Registered on:               15.12.2000

Commercial Register:     Local court 39576 Stendal

under:                                       HRB 213194

Share capital:                 EUR            511,291.88

 

 

Shareholder

 

Walter Hanser

Rebgässle 5

D 79189 Bad Krozingen

born: 07.08.1947

Share:             EUR            460,162.69

 

Shareholder:

Claudia Kronz -Fremdsprachenkorrespondentin-

In den Müllern 1

D 79112 Freiburg

born: 02.05.1962

Share:             EUR             51,129.19

 

 

Manager

 

Walter Hanser

Rebgässle 5

D 79189 Bad Krozingen

having sole power of representation

born: 07.08.1947

Profession: Fully qualified engineer

Marital status: married

 

 

Proxy

 

Claudia Kronz -Fremdsprachenkorrespondentin-

In den Müllern 1

D 79112 Freiburg

having sole power of representation

born: 02.05.1962

 

 

Further functions/participations of Walter Hanser (Manager)

Proprietor:

                     Friedrich Hanser

                     Schlatter Str. 24

                     D 79189 Bad Krozingen

                     Legal form: Unregistered commercial

                                 enterprise

 

 

COMPANY HISTORY

 

18.05.1998 - 09.11.2000  MUNI BERKA GmbH

                         Zur Muni 1

                         D 99706 Sondershausen

                         Private limited company

 

 

BUSINESS ACTIVITIES

 

Sectors

47789   Other retail sale in specialized stores n.e.c.

5210    Warehousing

96090   Other service activities n. e. c.

 

 

BRANCHES AND FACTORIES

 

Works:

                     MUNI BERKA GmbH - Werk Ochtrup

                     Oster 201

                     D 48607 Ochtrup

 

 

FINANCIAL INFORMATION

 

Payment experience:     cash discount/within agreed terms

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            120,000 EUR

 

Balance sheet year:       2010

 

 

REAL ESTATE

 

Type of ownership:   proprietor

Share:                100.00 %

Address              Am Frohen Busch

                        D 06536 Südharz

Size:                 390,913.00 sq.m

 

Type of ownership:   proprietor

Share:                100.00 %

Address              Zur Muni 1

                        D 99706 Sondershausen

Size:                300,000.00 sq.m

 

Type of ownership:   proprietor

Share:                100.00 %

Address              Oster 201

                          D 48607 Ochtrup

Type of real estate: plot of land

Size:                  1,350.00 sq.m

 

Land register documents were not available.

 

 

BANKERS

 

COMMERZBANK, FREIBURG IM BREISGAU

Sort. code: 68040007, BIC: COBADEFF680

 

 

FINANCIAL FIGURES

 

Turnover:            2010               EUR          4,800,000.00

Ac/ts receivable:                       EUR            588,708.00

Liabilities:                           EUR          1,723,153.00

Employees:                                                     71

 

The aforementioned business figures may partly be estimated information based on average values in the line of business.

 

 

BALANCE SHEETS

 

Balance sheet ratios 01.01.2010 - 31.12.2010

Equity ratio [%]:                 50.91

Liquidity ratio:                   0.47

Return on total capital [%]:       3.94

 

Balance sheet ratios 01.01.2009 - 31.12.2009

Equity ratio [%]:                 47.54

Liquidity ratio:                   0.23

Return on total capital [%]:      14.28

 

Balance sheet ratios 01.01.2008 - 31.12.2008

Equity ratio [%]:                 39.62

Liquidity ratio:                   0.78

Return on total capital [%]:       6.36

 

Balance sheet ratios 01.01.2007 - 31.12.2007

Equity ratio [%]:                 45.12

Liquidity ratio:                   0.76

Return on total capital [%]:       8.38

 

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.

 

Balance sheet grade

 

The balance sheet grade is based on the following ratios: equity ratio, liquidity ratio and return on total capital from the balance sheets published in the Federal Gazette.

 

Type of balance

sheet:               Company balance sheet

 

Financial year:      01.01.2010 - 31.12.2010

 

ASSETS                                  EUR          4,621,385.53

 Fixed assets                           EUR          3,258,328.83

  Intangible assets                     EUR              1,037.00

   Other / unspecified intangible assetsEUR              1,037.00

  Tangible assets                       EUR          3,257,291.83

   Other / unspecified tangible assets  EUR          3,257,291.83

 Current assets                         EUR          1,346,750.40

  Stocks                                EUR            280,469.65

  Accounts receivable                   EUR            588,708.14

   Other debtors and assets             EUR            588,708.14

  Liquid means                          EUR            477,572.61

 Remaining other assets                 EUR             16,306.30

  Accruals (assets)                     EUR             16,306.30

 

LIABILITIES                             EUR          4,621,385.53

 Shareholders' equity                   EUR          2,357,543.73

  Capital                               EUR            511,291.88

   Subscribed capital (share capital)   EUR            511,291.88

  Balance sheet profit/loss (+/-)       EUR          1,846,251.85

   Profit / loss brought forward        EUR          1,664,378.96

   Annual surplus / annual deficit      EUR            181,872.89

 Items between shareholders' equity and

 debt capital                           EUR            150,716.00

  Allowances / bonuses                  EUR            150,716.00

 Provisions                             EUR            389,973.00

 Liabilities                            EUR          1,723,152.80

  Other liabilities                     EUR          1,723,152.80

   Unspecified other liabilities        EUR          1,723,152.80

 

Type of balance

sheet:               Company balance sheet

 

Financial year:      01.01.2009 - 31.12.2009

 

ASSETS                                  EUR          4,985,601.82

 Fixed assets                           EUR          3,636,151.65

  Intangible assets                     EUR              3,111.00

   Other / unspecified intangible assetsEUR              3,111.00

  Tangible assets                       EUR          3,633,040.65

   Other / unspecified tangible assets  EUR          3,633,040.65

 Current assets                         EUR          1,339,764.15

  Stocks                                EUR            447,935.86

  Accounts receivable                   EUR            271,621.37

   Other debtors and assets             EUR            271,621.37

  Liquid means                          EUR            620,206.92

 Remaining other assets                 EUR              9,686.02

  Accruals (assets)                     EUR              9,686.02

 

LIABILITIES                             EUR          4,985,601.82

 Shareholders' equity                   EUR          2,375,670.84

  Capital                               EUR            511,291.88

   Subscribed capital (share capital)   EUR            511,291.88

  Balance sheet profit/loss (+/-)       EUR          1,864,378.96

   Profit / loss brought forward        EUR          1,153,890.72

   Annual surplus / annual deficit      EUR            710,488.24

 Items between shareholders' equity and

 debt capital                           EUR            194,542.00

  Allowances / bonuses                  EUR            194,542.00

 Provisions                             EUR            668,904.00

 Liabilities                            EUR          1,746,382.72

  Other liabilities                     EUR          1,746,382.72

   Unspecified other liabilities        EUR          1,746,382.72

 Other liabilities                      EUR                102.26

  Deferrals (liabilities)               EUR                102.26

 

There may have been some changes since our last research took place. Therefore, a freshly researched report will follow shortly.

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.48.68

UK Pound

1

Rs.76.75

Euro

1

Rs.63.57

 

 

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.