MIRA INFORM REPORT
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Report Date : |
17.01.2012 |
IDENTIFICATION DETAILS
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Name : |
DUSEN-SCHLICK GMBH |
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Registered Office : |
Hutstr. 4, D 96253 Untersiemau |
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Country : |
Germany |
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Financials (as on) : |
28.02.2010 |
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Date of Incorporation : |
02.03.1998 |
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Com. Reg. No.: |
HRB 2810 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture of metal products |
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No. of Employees
: |
56 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
|
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 : |
215,000 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) |
|
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 & address
Düsen-Schlick GmbH
Main address:
Hutstr. 4
D 96253 Untersiemau
Telephone: 09565/9481-0
Telefax: 09565/2870
Homepage: www.duesen-schlick.de
E-mail: info@duesen-schlick.de
VAT no.
DE812377973
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private
limited company
Date of foundation: 1902
Shareholders'
agreement: 09.02.1998
Registered on: 02.03.1998
Commercial Register: Local court 96450 Coburg
under: HRB
2810
Share capital:
EUR 1,000,000.00
Shareholder
REGS GmbH
Hutstr. 4
D 96253 Untersiemau
Legal form: Private limited company
Share capital: EUR 155,000.00
Share: EUR 1,000,000.00
Registered on: 05.09.2007
Reg. data: 96450 Coburg, HRB 4350
Manager
Robert von Knoblauch zu Hatzbach
Abtsberg 3
D 96049 Bamberg
having sole power of representation
born: 29.03.1971
Proxy
Manfred Völkl
Herrngasse 36
D 96237 Ebersdorf
authorized to jointly represent the company
born: 1958
Marital status: married
Proxy:
Stefan Gerstner
Drosselweg 7
D 96215 Lichtenfels
authorized to jointly represent the company
Marital status: married
Further functions/participations of Robert von Knoblauch zu Hatzbach (Manager)
General partner:
E.S.I.
GmbH & Co. KG
Hutstr. 4
D
96253 Untersiemau
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 18,500.00
contribution:
Registered
on: 13.12.2000
Reg.
data: 96450 Coburg, HRA 3838
Shareholder:
REGS
GmbH
Hutstr. 4
D
96253 Untersiemau
Legal
form: Private limited company
Share
capital: EUR 155,000.00
Share: EUR 80,600.00
Registered
on: 05.09.2007
Reg.
data: 96450 Coburg, HRB 4350
Shareholder:
vk
conari GmbH
Hutstr. 4
D
96253 Untersiemau
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 24.01.2011
Reg.
data: 96450 Coburg, HRB 4934
Shareholder:
E.S.I.
Verwaltungs-GmbH
Hutstr. 4
D 96253 Untersiemau
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 14.12.2000
Reg.
data: 96450 Coburg, HRB 3268
Manager:
REGS
GmbH
Hutstr. 4
D
96253 Untersiemau
Legal
form: Private limited company
Share
capital: EUR 155,000.00
Registered
on: 05.09.2007
Reg.
data: 96450 Coburg, HRB 4350
Manager:
vk
conari GmbH
Hutstr. 4
D
96253 Untersiemau
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on:
24.01.2011
Reg.
data: 96450 Coburg, HRB 4934
Manager:
E.S.I.
Verwaltungs-GmbH
Hutstr. 4
D
96253 Untersiemau
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 14.12.2000
Reg.
data: 96450 Coburg, HRB 3268
Manager:
Ernst
Equity GmbH
Hutstr. 4
D
96253 Untersiemau
Legal
form: Private limited company
Share
capital: EUR 26,000.00
Registered
on: 04.04.1978
Reg.
data: 96450 Coburg, HRB 255
BUSINESS ACTIVITIES
Sectors
25993 Manufacture of metal products n.e.c.
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information: We
have no negative information at hand.
Maximum credit: 215,000 EUR
Balance sheet year: 2009/2010
REAL ESTATE
Type of ownership: Tenant
Address Hutstr. 4
D 96253 Untersiemau
Land register documents were not available.
BANKERS
DEUTSCHE BANK, COBURG
Sort. code: 76070012, BIC: DEUTDEMM760
UNICREDIT BANK - HYPOVEREINSBANK, COBURG
Sort. code: 78320076, BIC: HYVEDEMM480
FINANCIAL FIGURES
Turnover: 2009/2010 EUR 8,400,000.00
2010/2011 EUR 8,600,000.00
further business figures:
Ac/ts receivable: EUR 963,594.00
Liabillities: EUR 1,012,479.00
Employees: 56
The
aforementioned business figures may partly be estimated information based on
average values in the line of business.
BALANCE SHEETS
Balance sheet ratios 01.03.2009 - 28.02.2010
Equity ratio [%]: 50.20
Liquidity ratio: 0.97
Return on total capital [%]: 14.68
Balance sheet ratios 01.03.2008 - 28.02.2009
Equity ratio [%]: 38.69
Liquidity ratio: 7.56
Return on total capital [%]: -17.15
Balance sheet ratios 01.03.2007 - 29.02.2008
Equity ratio [%]: 48.33
Liquidity ratio: 7.59
Return on total capital [%]: 17.08
Balance sheet ratios 01.03.2006 - 28.02.2007
Equity ratio [%]: 20.76
Liquidity ratio: 1.24
Return on total capital [%]: -96.36
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.
It ranges from 1.0 (positive) to 5.0 (negative).
Type of balance
sheet: Company balance sheet
Financial year: 01.03.2009 - 28.02.2010
ASSETS EUR 3,704,536.80
Fixed assets EUR 1,993,069.38
Intangible assets
EUR 5,114.00
Other / unspecified intangible assetsEUR 5,114.00
Tangible assets
EUR 1,691,628.57
Other / unspecified tangible assets
EUR 1,691,628.57
Financial assets
EUR 296,326.81
Other / unspecified financial assets EUR 296,326.81
Current assets
EUR 1,671,380.62
Stocks EUR 691,100.00
Accounts receivable
EUR 963,594.52
Other debtors and assets
EUR 963,594.52
Liquid means
EUR 16,686.10
Remaining other assets
EUR 40,086.80
Accruals (assets)
EUR 40,086.80
LIABILITIES EUR 3,704,536.80
Shareholders' equity
EUR 1,861,117.06
Capital
EUR 1,000,000.00
Subscribed capital (share capital)
EUR 1,000,000.00
Balance sheet profit/loss (+/-)
EUR 861,117.06
Balance sheet profit / loss
EUR 861,117.06
Provisions
EUR 811,040.00
Liabilities
EUR 1,012,479.74
Other liabilities
EUR 1,012,479.74
Unspecified other liabilities
EUR 1,012,479.74
Other liabilities
EUR 19,900.00
Deferred taxes (not included under
provisions/liabilities)
EUR 19,900.00
Type
of balance
sheet: Company balance sheet
Financial year: 01.03.2008 - 28.02.2009
ASSETS EUR 3,401,326.05
Fixed assets
EUR 1,394,126.39
Intangible assets
EUR 6,480.00
Tangible assets
EUR 1,088,197.00
Financial assets
EUR 299,449.39
Current assets
EUR 1,939,490.15
Stocks
EUR 813,700.00
Accounts receivable
EUR 895,026.30
Liquid means
EUR 230,763.85
Remaining other assets
EUR 67,709.51
Accruals (assets) EUR 67,709.51
LIABILITIES EUR 3,401,326.05
Shareholders' equity
EUR 1,317,804.28
Capital
EUR 1,000,000.00
Subscribed capital (share capital)
EUR 1,000,000.00
Balance sheet profit/loss (+/-)
EUR 317,804.28
Balance sheet profit / loss
EUR 317,804.28
Provisions
EUR 1,710,585.00
Liabilities
EUR 349,106.77
Other liabilities
EUR 23,830.00
Deferrals (liabilities)
EUR 930.00
Deferred taxes (not included under
provisions/liabilities)
EUR 22,900.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.65 |
|
UK Pound |
1 |
Rs.79.09 |
|
Euro |
1 |
Rs.65.32 |
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.