MIRA
INFORM REPORT
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Report Date : |
03.07.2012 |
IDENTIFICATION DETAILS
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Name : |
BRETZ WOHNTRAUME GMBH |
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Registered Office : |
Alexander-Bretz-Strasse 2, Gensingen, 55457 |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
23.12.1987 |
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Com. Reg. No.: |
22143 |
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Legal Form : |
Private Independent Company |
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Line of Business : |
manufacturer of furniture for bedrooms, living
rooms, gardens, etc. |
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No. of Employees : |
80 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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 – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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 & address
Bretz WohntrAume GmbH
Alexander-Bretz-Strasse 2
Gensingen, 55457
Germany
Tel: +49 (0) 6727 8950
Fax: +49 (0) 6727 1030
Registration data
Employees: 80
Company Type: Private Independent
Incorporation Date:
23-Dec-1987
Financials in: USD
(Millions)
Fiscal Year End:
31-Dec-2010
Reporting Currency: Euro
Annual Sales: NA
Total Assets: 4.4
Business Description
Bretz WohntrAume GmbH is primarily engaged in manufacture of furniture for bedrooms, living rooms, gardens, etc. This class also includes: finishing of furniture such as spraying, painting, French polishing and upholstering except of chairs and seats.
Industry
Industry Furniture and Fixtures
ANZSIC 2006: 2519 - Other
Furniture Manufacturing
NACE 2002: 3614 - Manufacture
of other furniture
NAICS 2002: 33712 - Household
and Institutional Furniture Manufacturing
UK SIC 2003: 3614 - Manufacture
of other furniture
US SIC 1987: 2512 - Wood
Household Furniture, Upholstered
Key Executives
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Name |
Title |
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Hartmut Bretz |
Managing director |
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Karl-Fritz Bretz |
Managing director |
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Norbert Bretz |
Managing director |
Registered No.(DEU): 22143
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064
Corporate Overview
Location
Alexander-Bretz-Strasse 2
Gensingen, 55457
Germany
Tel: +49 (0) 6727 8950
Fax: +49 (0) 6727 1030
Sales EUR(mil): NA
Assets EUR(mil): 3.3
Employees: 80
Fiscal Year End: 31-Dec-2010
Industry: Furniture
and Fixtures
Incorporation Date: 23-Dec-1987
Company Type: Private
Independent
Quoted Status: Not
Quoted
Registered No.(DEU): 22143
Managing director: Hartmut
Bretz
Contents
Industry Codes
Business Description
Financial Data
Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
2519 - Other Furniture Manufacturing
NACE 2002 Codes:
3614 - Manufacture of other furniture
NAICS 2002 Codes:
33712 - Household and Institutional Furniture Manufacturing
US SIC 1987:
2512 - Wood Household Furniture, Upholstered
UK SIC 2003:
3614 - Manufacture of other furniture
Business
Description
Bretz Wohnträume
GmbH is primarily engaged in manufacture of furniture for bedrooms, living
rooms, gardens, etc. This class also includes: finishing of furniture such as
spraying, painting, French polishing and upholstering except of chairs and
seats.
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Executive report
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Executives |
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Managing director |
Managing Director |
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Managing director |
Managing Director |
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Managing director |
Managing Director |
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Annual Profit & Loss
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.755078 |
0.719047 |
0.683679 |
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Consolidated |
No |
No |
No |
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Provisions |
0.8 |
0.8 |
0.9 |
Annual Balance
Sheet
Financials in: USD (mil)
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Issued capital |
0.0 |
0.0 |
0.0 |
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Profits for the year |
2.9 |
3.1 |
3.0 |
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Profit brought forward from previous
year(s) |
2.9 |
3.1 |
2.8 |
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Total
stockholders equity |
2.9 |
3.1 |
3.0 |
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Provisions and allowances |
0.8 |
0.8 |
0.9 |
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Trade creditors |
- |
- |
0.4 |
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Advances received |
- |
- |
0.0 |
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Taxation and social security |
- |
- |
0.5 |
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Total current
liabilities |
0.6 |
0.8 |
0.9 |
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Total
liabilities (including net worth) |
4.4 |
4.7 |
4.8 |
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Intangibles |
0.0 |
0.0 |
0.0 |
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Total tangible
fixed assets |
0.5 |
0.6 |
0.6 |
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Total
non-current assets |
0.5 |
0.6 |
0.6 |
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Net stocks and work in progress |
1.7 |
1.4 |
1.1 |
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Trade debtors |
- |
- |
1.2 |
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Other receivables |
- |
- |
0.1 |
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Total
receivables |
1.3 |
1.6 |
1.4 |
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Cash and liquid assets |
0.7 |
1.0 |
0.3 |
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Short-term investments |
- |
- |
1.1 |
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Total current
assets |
3.7 |
4.0 |
4.0 |
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Prepaid expenses and deferred costs |
0.1 |
0.1 |
0.1 |
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Total assets |
4.4 |
4.7 |
4.8 |
Annual Ratios
Financials in: USD (mil)
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Current ratio |
59.03 |
51.18 |
44.87 |
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Acid test ratio |
32.23 |
33.79 |
32.24 |
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Total liabilities to net worth |
0.02% |
0.02% |
0.03% |
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Net worth to total assets |
0.07% |
0.07% |
0.06% |
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Current liabilities to net worth |
0.02% |
0.02% |
0.03% |
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Current liabilities to stock |
0.04% |
0.06% |
0.08% |
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Fixed assets to net worth |
0.02% |
0.02% |
0.02% |
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Net worth |
2.9 |
3.1 |
3.0 |
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Number of employees |
- |
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80 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.83 |
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UK Pound |
1 |
Rs.87.41 |
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Euro |
1 |
Rs.70.43 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<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.