MIRA
INFORM REPORT
|
Report Date : |
21.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
INTHERMA
INDUSTRIELLE FEUERUNGSANLAGEN GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG |
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Registered Office : |
Hardtbergweg
1 D 61476 Kronberg |
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Country : |
Germany |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
13.11.1991 |
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Com. Reg. No.: |
HRB 3504 |
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Legal Form : |
Private
Limited Company |
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|
|
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Line of Business : |
Construction
of chimneys, furnaces and industrial furnaces |
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No. of Employees : |
25 |
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 : |
70,000 EUR |
|
Status : |
Good |
|
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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 and address
Intherma Industrielle
Feuerungsanlagen Gesellschaft mit beschränkter Haftung
Company Status: active
Main address:
Hardtbergweg 1
D 61476 Kronberg
Telephone:06173/95570
Telefax: 06173/955730
Homepage: www.intherma.de
E-mail:
intherma@t-online.de
VAT no.
DE231410008
CONCLUSION
Business relations are
permissible.
Registartion data
LEGAL FORM Private
limited company
Date of foundation: 13.11.1991
Shareholders'
agreement: 13.11.1991
Registered on: 19.11.1991
Commercial Register: Local court 61462 Königstein
under: HRB
3504
Share capital
EUR 153,387.56
Shareholder
ITA Grundstücks GmbH & Co. KG
Hardtbergweg 1
D 61476 Kronberg
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 69,024.40
contribution:
Share: EUR 153,387.56
Registered on: 10.06.1969
Reg. data: 61462 Königstein, HRA 1370
Manager
Dr. Ulrich Brandt
Hardtbergweg 1
D 61476 Kronberg
having sole power of representation
born: 19.01.1947
Profession: Businessman
Marital status: married
Further functions/participations of
Dr. Ulrich Brandt
(Manager)
General partner:
Intherma Holding GmbH & Co. KG
Hardtbergweg 1
D 61476 Kronberg
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 480,000.00
contribution:
Registered
on: 13.08.2003
Reg. data: 61462
Königstein, HRA 2889
Limited partner:
ITA Grundstücks GmbH & Co. KG
Hardtbergweg 1
D 61476 Kronberg
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 69,024.40
contribution:
Share: EUR 22,087.81
Registered
on: 10.06.1969
Reg. data: 61462
Königstein, HRA 1370
Manager:
Intherma Verwaltungsgesellschaft mit
beschränkter Haftung
Hardtbergweg 1
D 61476 Kronberg
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 06.04.1964
Reg. data: 61462
Königstein, HRB 1096
Manager:
Intherma Servicegesellschaft mit
beschränkter Haftung
Hardtbergweg 1
D 61476 Kronberg
Legal form: Private limited company
Share capital: EUR 25,564.59
Registered
on: 19.11.1991
Reg. data: 61462
Königstein, HRB 3503
Manager:
ThermTech GmbH
Hardtbergweg 1
D 61476 Kronberg
Legal form: Private limited company
Share capital: EUR 100,000.00
Registered
on: 01.10.2003
Reg. data: 61462
Königstein, HRB 6092
Manager:
ITA Grundstücksverwaltungs GmbH
Hardtbergweg 1
D 61476 Kronberg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 06.08.2003
Reg. data: 61462
Königstein, HRB 6057
Manager:
Intherma Anlagen- und Apparatebau GmbH
Hardtbergweg 1
D 61476 Kronberg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 31.01.2001
Reg. data: 61462
Königstein, HRB 5424
BUSINESS ACTIVITIES
Main industrial sector
43992 Construction of chimneys, furnaces and
industrial
furnaces
Secondary industrial sector
96090 Other service activities n. e. c.
FINANCIAL INFORMATION
Payment experience: cash discount/within agreed terms
Negative information:We
have no negative information at hand.
Maximum credit: 70,000 EUR
Balance sheet year: 2010
REAL ESTATE
Type of ownership: Tenant
Address Hardtbergweg 1
D
61476 Kronberg
Land register documents
were not available.
BANKERS
Principal bank
DEUTSCHE BANK, KÖNIGSTEIN
IM TAUNUS
Sort. code: 50070010, BIC:
DEUTDEFFXXX
Further banks
COMMERZBANK VORMALS
DRESDNER BANK, FRANKFURT AM MAIN
Sort. code: 50080000, BIC:
DRESDEFFXXX
UNICREDIT BANK -
HYPOVEREINSBANK, FRANKFURT AM MAIN
Sort. code: 50320191, BIC:
HYVEDEMM430
COMMERZBANK, KÖNIGSTEIN IM
TAUNUS
Sort. code: 50040000, BIC:
COBADEFFXXX
FINANCIAL FIGURES
Turnover: 2010 EUR 2,580,000.00
2011 EUR 2,791,500.00
Profit: 2010 EUR 88,441.00
further business figures:
Equipment: EUR 22,100.00
Ac/ts receivable: EUR 2,188,823.00
Liabillities: EUR 1,892,899.00
Total numbers of vehicles: 2
-
Passenger cars:
2
Employees:
25
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 [%]: 54.88
Liquidity ratio: 10.00
Return on total capital [%]: 1.97
Balance sheet grade: 1.8
Balance
sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 78.39
Liquidity ratio: 10.00
Return on total capital [%]: 5.69
Balance sheet grade: 1.6
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 59.60
Liquidity ratio: 3.70
Return on total capital [%]: 18.40
Balance sheet grade: 1.0
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 14.00
Liquidity
ratio: 0.50
Return on total capital [%]: 2.00
Balance sheet grade: 3.2
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 4,600,844.17
Fixed assets
EUR 23,140.50
Intangible assets
EUR 957.00
Other / unspecified intangible assetsEUR 957.00
Tangible assets
EUR 22,183.50
Other / unspecified tangible assets
EUR 22,183.50
Current assets EUR 4,574,490.67
Stocks
EUR 199,044.94
Accounts receivable
EUR 2,188,822.75
Other debtors and assets
EUR 2,188,822.75
Investments in current assets
EUR 106,395.00
Liquid means
EUR 2,080,227.98
Remaining other assets
EUR 3,213.00
Accruals (assets)
EUR 3,213.00
LIABILITIES EUR 4,600,844.17
Shareholders' equity
EUR 2,569,635.68
Capital
EUR 153,387.56
Subscribed capital (share capital)
EUR 153,387.56
Reserves
EUR 672,752.76
Capital reserves
EUR 672,752.76
Balance sheet profit/loss (+/-)
EUR 1,743,495.36
Balance sheet profit / loss
EUR 1,743,495.36
Provisions
EUR 138,309.00
Liabilities
EUR 1,892,899.49
Other liabilities
EUR 1,892,899.49
Unspecified other liabilities
EUR 1,892,899.49
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 3,109,284.22
Fixed assets
EUR 23,620.50
Tangible assets
EUR 23,620.50
Other / unspecified tangible assets
EUR 23,620.50
Current assets
EUR 3,082,280.72
Stocks EUR 18,608.55
Accounts receivable
EUR 2,335,829.46
Other debtors and assets
EUR 2,335,829.46
Investments in current assets
EUR 197,652.50
Liquid means EUR 530,190.21
Remaining other assets
EUR 3,383.00
Accruals (assets)
EUR 3,383.00
LIABILITIES EUR 3,109,284.22
Shareholders' equity
EUR 2,480,194.69
Capital
EUR 153,387.56
Subscribed capital (share capital)
EUR 153,387.56
Reserves
EUR 672,752.76
Capital reserves
EUR 672,752.76
Balance sheet profit/loss (+/-)
EUR 1,654,054.37
Balance sheet profit / loss
EUR 1,654,054.37
Provisions
EUR 328,968.37
Liabilities
EUR 300,121.16
Other liabilities
EUR 300,121.16
Unspecified other liabilities
EUR 300,121.16
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.33 |
|
|
1 |
Rs.77.97 |
|
Euro |
1 |
Rs.65.31 |
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.