MIRA INFORM REPORT
|
Report Date : |
05.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
FERDINAND GROSS GMBH & CO.KG |
|
|
|
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Registered Office : |
Daimlerstr. 8, D 70771 Leinfelden-Echterdingen, Post Box:10 01 59, D 70745 Leinfelden-Echterdingen |
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|
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Country : |
Germany |
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|
|
|
Financials (as on) : |
31.12.2008 |
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Date of Incorporation : |
19.01.1978 |
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Com. Reg. No.: |
HRA 221054 |
|
|
|
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Legal Form : |
Ltd partnership
with priv. ltd. company as general partner |
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Line of Business : |
Wholesale of tools and hardware |
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|
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No. of Employees
: |
248 |
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 : |
250,000 EUR |
|
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 – 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 & address
Ferdinand Gross
GmbH & Co.KG
Main address:
Daimlerstr. 8
D 70771 Leinfelden-Echterdingen
Post Box:
10 01 59, D 70745 Leinfelden-Echterdingen
Telephone: 0711/16040
Telefax: 0711/16042609
Homepage: www.schrauben-gross.de
E-mail: gross@schrauben-gross.de
VAT no
DE147643340
Synthesis
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of
foundation: 1864
Registered on: 19.01.1978
Register of
companies: Local
court 70190 Stuttgart
under: HRA
221054
Total cap.
contribution: EUR 2,100,000.00
Limited partner
Gerald Hering
Roßhaustr. 30
D 70597 Stuttgart
born: 07.03.1960
Share: EUR 1,680,000.00
Limited partner:
Stefan Lichtenheldt
D 23795 Bad Segeberg
Share: EUR 210,000.00
Limited partner:
Brigitte Huber
Heilmannstr. 19a
D 81479 München
born: 25.01.1936
Share: EUR 168,000.00
Limited partner:
Hendrik Huber
Hubertusstr. 21
D 82031 Grünwald
born: 20.12.1968
Share: EUR 42,000.00
General partner
Hering Beteiligungsgesellschaft mit
beschränkter Haftung
Daimlerstr. 8
D 70771 Leinfelden-Echterdingen
Legal form: Private limited company
Share capital: EUR 25,600.00
Registered on: 12.12.1977
Reg. data: 70190 Stuttgart, HRB 220871
Shareholder
Gerald Hering
Roßhaustr. 30
D 70597 Stuttgart
born: 07.03.1960
Share: EUR 25,600.00
Manager
Gerald Hering
Roßhaustr. 30
D 70597 Stuttgart
having sole power of representation
born: 07.03.1960
Profession: Businessman
Marital status: married
Manager:
Thomas Erb
D 72135 Dettenhausen
having sole power of representation
born: 28.11.1967
COMPANY HISTORY
19.01.1978 - 02.02.2005 Ferdinand
Gross GmbH & Co.
Daimlerstr. 8
D 70771 Leinfelden-Echterdingen
Ltd partnership with priv. ltd. company
as general partner
BUSINESS ACTIVITIES
Sectors
46741 Wholesale of tools and
hardware
BRANCHES AND FACTORIES
Branch:
Ferdinand Gross GmbH &
Co.KG
Großenhainer Str. 137
D 01129 Dresden
TEL.: 0351/850070
FAX.: 0351/8500777
Branch:
Ferdinand Gross GmbH &
Co.KG Niederlassung
Östereich
Zaunergasse 4-6
A 1030 Wien
PARTICIPATIONS
Shareholder:
Ferdinand Gross Holding
GmbH
Daimlerstr. 8
D 70771
Leinfelden-Echterdingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 12.01.2005
Local court 70190
Stuttgart
HRB 225959
Shareholder:
Ferdinand Gross
Beteiligungs GmbH
Daimlerstr. 8
D 70771
Leinfelden-Echterdingen
Legal form: Private limited
company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 29.03.2005
Local court 70190 Stuttgart
HRB 225999
FINANCIAL INFORMATION
Payment
experience: within agreed terms
Negative
information: We have no negative
information at hand.
Maximum credit: 250,000
EUR
Balance sheet year: 2008
REAL ESTATE
Type of
ownership: Tenant
Address Daimlerstr.
8
D 70771 Leinfelden-Echterdingen
Land register
documents were not available.
BANKERS
Principal bank
KREISSPARKASSE
ESSLINGEN-NÜRTINGEN, ESSLINGEN AM NECKAR
Sort. code:
61150020, BIC: ESSLDE66XXX
Further banks
LANDESBANK
BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE BANK,
STUTTGART
Sort. code:
60050101, BIC: SOLADEST600
COMMERZBANK VORMALS
DRESDNER BANK, STUTTGART
Sort. code:
60080000, BIC: DRESDEFF600
VOLKSBANK STUTTGART,
STUTTGART
Sort. code:
60090100, BIC: VOBADESSXXX
DRESDNER VOLKSBANK
RAIFFEISENBANK, DRESDEN
Sort. code:
85090000, BIC: GENODEF1DRS
FINANCIAL FIGURES
Turnover: 2010 EUR 53,432,829.00
Profit: 2010 EUR 403,167.00
Total numbers of vehicles: 56
Employees:
248
- thereof permanent staff: 230
BALANCE SHEETS
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]:
36.80
Liquidity ratio:
0.30
Return on total capital [%]:
6.99
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]:
40.30
Liquidity ratio:
0.32
Return on total capital [%]:
14.89
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. It is calculated in accordance with the methodology of Euler Hermes
Type of balance
sheet: Company
balance sheet
Financial year: 01.01.2008 -
31.12.2008
ASSETS
EUR 25,233,259.85
Fixed assets EUR 2,834,785.92
Intangible assets EUR 348,095.15
Concessions, licences,
rights EUR 320,924.26
Advance payments for intang.
assets EUR 27,170.89
Tangible assets EUR 1,082,447.59
Land / similar rights EUR 545,801.59
Plant / machinery EUR 95,267.00
Other tangible assets / fixtures
and
fittings EUR 441,379.00
Financial assets EUR 1,404,243.18
Shares in participations /
subsidiaries and the like EUR 1,329,989.51
Shares in related
companies EUR 1,310,000.00
Shares in investee
companies EUR 19,989.51
Securities included in fixed
assets EUR 74,253.67
Current assets EUR 22,353,138.59
Stocks EUR 17,903,152.93
Finished goods / work in
progress EUR 17,496,000.00
Advance payments made EUR 407,152.93
Accounts receivable EUR 4,138,968.93
Amounts due from
shareholders EUR 0.00
Trade debtors EUR 2,348,774.92
Amounts due from related
companies EUR 1,388,383.11
Other debtors and assets EUR 401,810.90
Liquid means EUR 311,016.73
Remaining other assets EUR 45,335.34
Accruals (assets) EUR 45,335.34
LIABILITIES
EUR 25,233,259.85
Shareholders' equity EUR 6,468,482.72
Capital EUR 2,100,000.00
Limited partner's capital /
capital
of partially liable partner
(LP) EUR 2,100,000.00
Reserves EUR 3,054,046.69
Retained earnings / revenue reserves
EUR 3,054,046.69
Balance sheet profit/loss
(+/-) EUR 1,314,436.03
Balance sheet profit / loss EUR 1,314,436.03
Provisions EUR 1,653,266.68
Pension provisions and comparable
provisions EUR 748,683.00
Provisions for taxes EUR 22,000.00
Other / unspecified
provisions EUR 882,583.68
Liabilities EUR 17,111,510.45
Financial debts EUR 9,093,696.74
Liabilities due to banks EUR 9,093,696.74
Other liabilities EUR 8,017,813.71
Trade creditors (for IAS incl.
bills
of exchange)
EUR 3,064,894.50
Liabilities due to
shareholders EUR 2,927,966.98
Liabilities due to affiliated
companies / persons /
organs EUR 545,000.00
Unspecified other liabilities EUR 1,479,952.23
Profit and loss account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 63,279,287.02
Other operating income EUR 584,742.75
Cost of materials EUR 40,966,401.58
Raw materials and supplies,
purchased
goods EUR 40,966,401.58
Gross result (+/-) EUR 22,897,628.19
Staff expenses EUR 10,982,836.25
Wages and salaries EUR 9,205,318.69
Social security contributions and
expenses for pension plans and
benefits EUR 1,777,517.56
Total depreciation EUR 264,507.35
Depreciation on tangible /
intangible
asssets (incl. start-up and exp.
of
bus. EUR 264,507.35
Other operating expenses EUR 8,507,442.04
Operating result from continuing
operations EUR 3,142,842.55
Interest result (+/-) EUR -937,457.47
Interest and similar income EUR 27,137.61
Interest and similar
expenses EUR 964,595.08
Financial result (+/-) EUR -937,457.47
Result from ordinary operations
(+/-) EUR 2,205,385.08
Income tax / refund of income tax
(+/-)EUR -428,387.74
Other taxes / refund of taxes EUR -24,415.96
Tax (+/-) EUR -452,803.70
Annual surplus / annual
deficit EUR 1,752,581.38
Type of balance
sheet: Company
balance sheet
Financial year: 01.01.2007 -
31.12.2007
ASSETS
EUR 19,246,295.19
Fixed assets EUR 2,670,095.36
Intangible assets EUR 261,582.00
Concessions, licences,
rights EUR 261,582.00
Tangible assets EUR 1,058,705.59
Land / similar rights EUR 581,975.59
Plant / machinery EUR 115,776.00
Other tangible assets / fixtures
and
fittings EUR 360,954.00
Financial assets EUR 1,349,807.77
Shares in participations /
subsidiaries and the like EUR 1,275,554.10
Shares in related
companies EUR 1,230,000.00
Shares in investee
companies EUR 45,554.10
Securities included in fixed
assets EUR 74,253.67
Current assets EUR 16,530,305.01
Stocks EUR 13,364,749.99
Finished goods / work in
progress EUR 12,916,000.00
Advance payments made EUR 448,749.99
Accounts receivable EUR 3,023,893.94
Amounts due from
shareholders EUR 21,153.71
Trade debtors EUR 2,432,463.68
Amounts due from related
companies EUR 281,462.20
Other debtors and assets EUR 288,814.35
Liquid means EUR 141,661.08
Remaining other assets EUR 45,894.82
Accruals (assets) EUR 45,894.82
LIABILITIES EUR 19,246,295.19
Shareholders' equity EUR 6,848,977.64
Capital EUR 2,100,000.00
Limited partner's capital /
capital
of partially liable partner
(LP) EUR 2,100,000.00
Reserves EUR 2,615,901.34
Retained earnings / revenue
reserves EUR 2,615,901.34
Balance sheet profit/loss
(+/-) EUR 2,133,076.30
Balance sheet profit / loss EUR 2,133,076.30
Provisions EUR 1,972,164.16
Pension provisions and comparable
provisions EUR 745,440.00
Provisions for taxes EUR 256,544.16
Other / unspecified
provisions EUR 970,180.00
Liabilities EUR 10,425,153.39
Financial debts EUR 6,311,075.94
Liabilities due to banks EUR 6,311,075.94
Other liabilities EUR 4,114,077.45
Trade creditors (for IAS incl.
bills
of exchange) EUR 1,898,108.48
Liabilities due to
shareholders EUR 998,817.36
Liabilities due to affiliated
companies / persons /
organs EUR 679,000.00
Unspecified other
liabilities EUR 538,151.61
Guarantees and other
commitments EUR 463,200.00
Profit and loss account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 61,697,096.22
Other operating income EUR 1,107,483.70
Cost of materials EUR 39,298,947.40
Raw materials and supplies,
purchased
goods EUR 39,297,500.47
Purchased services EUR 1,446.93
Gross result (+/-) EUR 23,505,632.52
Staff expenses EUR 11,173,317.84
Wages and salaries EUR 9,392,494.00
Social security contributions and
expenses for pension plans and
benefits EUR 1,780,823.84
Total depreciation EUR 295,077.77
Depreciation on tangible /
intangible
asssets (incl. start-up and exp.
of
bus. EUR 295,077.77
Other operating expenses EUR 7,962,003.25
Operating result from continuing
operations EUR 4,075,233.66
Interest result (+/-) EUR -530,391.16
Interest and similar income EUR 18,861.48
Interest and similar expenses EUR 549,252.64
Financial result (+/-) EUR -530,391.16
Result from ordinary operations
(+/-) EUR 3,544,842.50
Income tax / refund of income tax
(+/-)EUR -677,028.28
Other taxes / refund of taxes EUR -23,712.50
Tax (+/-) EUR -700,740.78
Annual surplus / annual deficit EUR 2,844,101.72
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.14 |
|
UK Pound |
1 |
Rs.83.08 |
|
Euro |
1 |
Rs.69.25 |
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.