MIRA INFORM REPORT
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Report Date : |
09.02.2012 |
IDENTIFICATION DETAILS
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Name : |
MERZ MASCHINENFABRIK GMBH |
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Registered Office : |
Haigerlocher Str. 44, D 72379 Hechingen |
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Country : |
Germany |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
15.06.2000 |
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Com. Reg. No.: |
HRB 420846 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture of
machinery for textile, apparel and leather production |
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No. of Employees
: |
80 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
50,000 EUR |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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) |
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Germany |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name
Merz
Maschinenfabrik GmbH
Company address
Haigerlocher Str. 44
D 72379 Hechingen
Telephone: 07471/9260
Telefax: 07471/2032
Homepage: www.merz-maschinenfabrik.de
E-mail: info@merz-maschinenfabrik.de
VAT no
DE812980932
Synthesis
LEGAL FORM Private
limited company
Date of
foundation: 2000
Shareholders'
agreement: 18.04.2000
Registered on: 15.06.2000
Commercial Register:
Local court 70190 Stuttgart
under: HRB
420846
Share capital: EUR 100,000.00
Shareholder
Maschinenfabrik Carl Merz GmbH & Co. KG
Haigerlocher Str. 44
D 72379 Hechingen
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 255,644.92
contribution:
Share: EUR 100,000.00
Registered on: 03.04.1944
Reg. data: 70190 Stuttgart, HRA 420410
Manager
Hans-Ulrich Keck
Haldenbergweg 7
D 72379 Hechingen
having sole power of representation
born: 10.10.1959
Profession: Fully qualified Economist
Marital status: married
Manager:
Franz Stefan Schmid
D 72411 Bodelshausen
born: 22.02.1951
Manager:
Siegfried Carl Keck
D 72379 Hechingen
having sole power of representation
born: 29.06.1957
Marital status: unknown
Further functions/participations of
Hans-Ulrich Keck (Manager)
General partner:
NOSTRO Grundstücks-GmbH
& Co. Hildburghauser
Straße oHG
Scharnweberstr. 1
D 13405 Berlin
Legal form: General
partnership with private
limited company
as partner
Registered
on: 03.08.1994
Reg. data: 14057 Berlin, HRA 26040 B
Limited partner:
Maschinenfabrik Carl Merz GmbH
& Co. KG
Haigerlocher Str. 44
D 72379 Hechingen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 255,644.92
contribution:
Share: EUR 85,214.97
Registered
on: 03.04.1944
Reg. data: 70190 Stuttgart, HRA 420410
Shareholder:
HBF GmbH
Haldenbergweg 7
D 72379 Hechingen
Legal form: Private
limited company
Share capital: EUR 25,600.00
Share: EUR 12,800.00
Registered
on: 11.11.1211
Reg. data: 70190 Stuttgart, HRB 420483
Shareholder:
Merz Beteiligungs-Gesellschaftmit
beschränkter Haftung
Haigerlocher Str. 44
D 72379 Hechingen
Legal form: Private
limited company
Share capital: EUR
25,564.60
Share: EUR 8,487.45
Registered
on: 16.01.1974
Reg. data: 70190 Stuttgart, HRB 420214
Manager:
Merz
Beteiligungs-Gesellschaftmit
beschränkter Haftung
Haigerlocher Str. 44
D 72379 Hechingen
Legal form: Private
limited company
Share capital: EUR
25,564.60
Registered
on: 16.01.1974
Reg. data: 70190 Stuttgart, HRB 420214
Manager:
HBF GmbH
Haldenbergweg 7
D 72379 Hechingen
Legal form: Private
limited company
Share capital: EUR 25,600.00
Registered
on: 11.11.1211
Reg. data: 70190 Stuttgart, HRB 420483
Further functions/participations of Siegfried
Carl Keck (Manager)
Manager:
HBF GmbH
Haldenbergweg 7
D 72379 Hechingen
Legal form: Private limited
company
Share capital: EUR 25,600.00
Registered
on: 11.11.1211
Reg. data: 70190 Stuttgart, HRB 420483
BUSINESS ACTIVITIES
Secondary industrial sector
28940 Manufacture of machinery for textile,
apparel and leather production
FINANCIAL INFORMATION
Payment
experience: cash discount/within
agreed terms
Negative
information: We have no negative
information at hand.
Maximum credit: 50,000
EUR
Balance sheet
year: 2010
REAL ESTATE
Type of
ownership: Tenant
Address Haigerlocher
Str. 44
D 72379 Hechingen
Land register
documents were not available.
BANKERS
SPARKASSE ZOLLERNALB,
BALINGEN
Sort. code:
65351260, BIC: SOLADES1BAL
FINANCIAL FIGURES
Profit: 2010 EUR 835,644.00
Equipment:
EUR 353,947.00
Ac/ts receivable:
EUR 684,320.00
Liabilities:
EUR 1,370,541.00
Employees:
80
BALANCE SHEETS
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 82.35
Liquidity ratio:
10.00
Return on total capital [%]:
11.73
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]:
83.31
Liquidity ratio:
10.00
Return on total capital [%]:
17.44
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]:
62.27
Liquidity ratio:
10.00
Return on total capital [%]:
34.70
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]:
61.55
Liquidity ratio:
1.23
Return on total capital [%]:
27.86
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 7,148,339.92
Fixed assets EUR 730,842.13
Intangible assets EUR 37,939.36
Other / unspecified intangible
assetsEUR 37,939.36
Tangible assets EUR 442,902.77
Plant / machinery EUR 88,955.33
Other tangible assets / fixtures
and
fittings EUR 353,947.44
Financial assets EUR 250,000.00
Other / unspecified financial
assets EUR 250,000.00
Current assets EUR 6,409,544.83
Stocks EUR 3,250,327.09
Accounts receivable EUR 684,319.91
Amounts due from
shareholders EUR 8,270.29
Other debtors and assets EUR 676,049.62
Liquid means EUR 2,474,897.83
Remaining other assets EUR 7,952.96
Accruals (assets) EUR 7,952.96
LIABILITIES
EUR 7,148,339.92
Shareholders' equity EUR 5,631,566.63
Capital EUR 100,000.00
Subscribed capital (share
capital) EUR 100,000.00
Balance sheet profit/loss
(+/-) EUR 5,531,566.63
Profit / loss brought
forward EUR 4,695,923.01
Annual surplus / annual
deficit EUR 835,643.62
Provisions EUR 146,232.00
Liabilities EUR 1,370,541.29
Other liabilities EUR 1,370,541.29
Liabilities due to
shareholders EUR 260,000.00
Unspecified other
liabilities EUR 1,110,541.29
Profit and loss account (cost-summary method) according to Comm.
Code (HGB)
Gross result (+/-) EUR 7,386,238.39
Staff expenses EUR 4,103,630.70
Wages and salaries EUR 3,473,880.77
Social security contributions and
expenses for pension plans and
benefits EUR 629,749.93
Total depreciation EUR 120,461.35
Depreciation on tangible /
intangible
asssets (incl. start-up and exp.
of
bus. EUR 120,461.35
Other operating expenses EUR 2,008,002.83
Operating result from continuing
operations EUR 1,154,143.51
Interest result (+/-) EUR 7,577.28
Interest and similar income EUR 25,524.17
Interest and similar
expenses EUR 17,946.89
Financial result (+/-) EUR 7,577.28
Result from ordinary operations
(+/-) EUR 1,161,720.79
Income tax / refund of income tax
(+/-)EUR -326,077.17
Tax (+/-) EUR -326,077.17
Annual surplus / annual
deficit EUR 835,643.62
Type of balance
sheet: Company
balance sheet
Financial year: 01.01.2009 -
31.12.2009
ASSETS
EUR 6,335,007.25
Fixed assets EUR 758,346.66
Intangible assets EUR 42,830.36
Other / unspecified intangible
assetsEUR 42,830.36
Tangible assets EUR 465,516.30
Plant / machinery EUR 104,911.33
Other tangible assets / fixtures
and
fittings EUR 360,604.97
Financial assets EUR 250,000.00
Other / unspecified financial
assets EUR 250,000.00
Current assets EUR 5,556,010.14
Stocks EUR 2,847,967.26
Accounts receivable EUR 922,270.63
Amounts due from
shareholders EUR 86,873.89
Other debtors and assets EUR 835,396.74
Liquid means EUR 1,785,772.25
Remaining other assets EUR 20,650.45
Accruals (assets) EUR 20,650.45
LIABILITIES
EUR 6,335,007.25
Shareholders' equity EUR 4,795,923.01
Capital EUR 100,000.00
Subscribed capital (share
capital) EUR 100,000.00
Balance sheet profit/loss
(+/-) EUR 4,695,923.01
Profit / loss brought
forward EUR 3,609,690.34
Annual surplus / annual
deficit EUR 1,086,232.67
Provisions EUR 346,726.85
Liabilities EUR 1,192,357.39
Financial debts EUR 133,333.00
Liabilities due to banks EUR 133,333.00
Other liabilities EUR
1,059,024.39
Liabilities due to
shareholders EUR 500,000.00
Unspecified other
liabilities EUR 559,024.39
Profit and loss account (cost-summary method) according to Comm.
Code (HGB)
Gross result (+/-) EUR 7,711,825.50
Staff expenses EUR 4,031,098.76
Wages and salaries EUR 3,409,330.21
Social security contributions and
expenses for pension plans and
benefits EUR 621,768.55
Total depreciation EUR 86,950.61
Depreciation on tangible /
intangible
asssets (incl. start-up and exp.
of
bus. EUR 86,950.61
Other operating expenses EUR 2,114,671.08
Operating result from continuing
operations EUR 1,479,105.05
Interest result (+/-) EUR 29,898.27
Interest and similar income EUR 63,262.42
Interest and similar
expenses EUR 33,364.15
Financial result (+/-) EUR 29,898.27
Result from ordinary operations
(+/-) EUR 1,509,003.32
Income tax / refund of income tax
(+/-)EUR -422,770.65
Tax (+/-) EUR -422,770.65
Annual surplus / annual deficit EUR 1,086,232.67
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.07 |
|
UK Pound |
1 |
Rs.78.09 |
|
Euro |
1 |
Rs.65.15 |
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 |
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NB |
New Business |
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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.