|
Report Date : |
10.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
THYSSENKRUPP VDM GMBH |
|
|
|
|
Registered Office : |
Plettenberger Str. 2, D 58791 Werdohl, Post |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
01.08.2011 |
|
|
|
|
Year of Establishment : |
1930 |
|
|
|
|
Com. Reg. No.: |
HRB 5327 |
|
|
|
|
Legal Form : |
Private Limited
Company |
|
|
|
|
Line of Business : |
Treatment and coating of metals |
|
|
|
|
No. of Employees : |
1,590 |
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 |
|
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ThyssenKrupp VDM GmbH
Plettenberger Str.
2
D 58791 Werdohl
Post Box:
18 20, D 58778
Werdohl
Telephone: 02392/550
Telefax: 02392/552217
Homepage: www.thyssenkrupp-vdm.com
E-mail: vdm@thyssenkrupp.com
DE811151765
LEGAL FORM Private
limited company
Date of
foundation: 1930
Begin of business
activities: 1991
Registered
on: 29.11.1991
Commercial
Register: Local court 58636 Iserlohn
under: HRB
5327
Share
capital: EUR 32,000,000.00
ThyssenKrupp
Nirosta GmbH
Oberschlesienstr.
16
D 47807 Krefeld
Legal form:
Private limited company
Share
capital: EUR 110,000,000.00
Share: EUR 32,000,000.00
Registered on:
06.07.2009
Reg. data: 47798
Krefeld, HRB 12511
Control and profit
transfer agreement
Dr. Jürgen Paul
Olbrich
Lerchenhain 92
D 48301 Nottuln
born: 28.03.1955
Profession:
Chemist
Dr. Franz-Josef
Wahlers
Lippkampstr. 14
D 44534 Lünen
born: 22.09.1952
Profession:
Director
Marital status:
married
Manager:
Ulrike
Meiritz
D 59174 Kamen
born:
07.01.1960
Elmar Lindstädt
Gerlingstr. 106
D 47167 Duisburg
authorized to jointly
represent the company
born: 15.01.1954
Proxy:
Jan Bender
D 45128 Essen
authorized to
jointly represent the company
born:
06.08.1968
Marital status:
single
Proxy:
Hans-Peter
Jäger
Margeritenstr. 14
D 58640
Iserlohn
authorized to
jointly represent the company
born:
04.03.1957
Proxy:
Dr. Ralph Mast
D 44339
Dortmund
authorized to
jointly represent the company
born:
12.06.1968
Proxy:
Mathias Voss
D 44267
Dortmund
authorized to jointly represent the
company
born:
10.03.1961
Proxy:
Christian
Dettmer
D 44229
Dortmund
authorized to
jointly represent the company
born: 16.04.1955
Proxy:
Marcell
Sehner
D 44339
Dortmund
authorized to
jointly represent the company
born:
08.03.1970
Proxy:
Olaf
Kazmierski
D 35713 Eschenburg
authorized to
jointly represent the company
born:
26.07.1960
Proxy:
Hanno Gerich
D 57223
Kreuztal
authorized to
jointly represent the company
born:
30.05.1963
Proxy:
Dietmar Paul
D 46519 Alpen
authorized to
jointly represent the company
born:
16.06.1965
Proxy:
Rainer Kochanski
D 58636
Iserlohn
authorized to
jointly represent the company
born:
17.11.1956
Proxy:
Wilm Papke
D 45131 Essen
authorized to jointly represent the
company
born:
16.04.1966
Proxy:
Stefan Claus
D 63776
Mömbris
authorized to
jointly represent the company
born: 14.05.1964
Further functions/participations of Dr. Jürgen
Paul Olbrich
(President of the Board of Management)
Shareholder:
VCO
Management GmbH
Lerchenhain
92
D 48301
Nottuln
Legal form: Private limited
company
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 29.03.2005
Reg.
data: 48653 Coesfeld, HRB 9611
Manager:
ThyssenKrupp
Titanium GmbH
Westendstr.
15
D 45143 Essen
Post Box:
10 22 52, D 45117
Essen
Legal form:
Private limited company
dissolved
Share
capital: EUR 1,533,900.00
Registered
on: 29.09.1998
Reg. data: 45130 Essen, HRB 13262
Manager:
Sivento
Chemie Rheinfelden GmbH
Friedrichstr.
48
D 79618
Rheinfelden
Legal form:
Private limited company
dissolved
Share
capital: EUR 6,646,794.46
Registered
on: 09.12.1997
Reg.
data: 79098 Freiburg, HRB 412755
Manager:
VCO Management GmbH
Lerchenhain
92
D 48301
Nottuln
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Registered
on: 29.03.2005
Reg.
data: 48653 Coesfeld, HRB 9611
Further functions/participations of Dr.
Franz-Josef Wahlers
(Manager)
Manager:
ThyssenKrupp
Titanium GmbH
Westendstr. 15
D 45143 Essen
Post Box:
10 22 52, D
45117 Essen
Legal form:
Private limited company
dissolved
Share
capital: EUR 1,533,900.00
Registered
on: 29.09.1998
Reg.
data: 45130 Essen, HRB 13262
Further functions/participations of Ulrike
Meiritz (Manager)
Proxy:
ThyssenKrupp Nirosta GmbH
Oberschlesienstr. 16
D 47807
Krefeld
Legal form:
Private limited company
Share
capital: EUR 110,000,000.00
Registered
on: 06.07.2009
Reg.
data: 47798 Krefeld, HRB 12511
RESIGNED ACTING
PERSONS AND SHAREHOLDERS
20.02.2008 - 11.11.2011 Manager
Gerald
Priegnitz
D 45127 Essen
Main industrial
sector
2561 Treatment and coating of
metals
2599 Manufacture of other
fabricated metal products n.e.c.
46722 Wholesale of non-ferrous
ores, metals and metal semi-finished goods
Works:
ThyssenKrupp
VDM GmbH
Formerstr. 17
D 59425 Unna
TEL.:
02303/673-0
Works:
ThyssenKrupp
VDM GmbH
Kleffstr. 23
D 58762 Altena
Works:
ThyssenKrupp
VDM GmbH
Obere
Kaiserstr.
D 57078
Siegen
Works:
ThyssenKrupp
VDM GmbH
Westendstr.
15
D 45143 Essen
Branch:
ThyssenKrupp
VDM GmbH
Zeilweg 42
D 60439
Frankfurt
TEL.:
069/58020
FAX.:
069/5802109
Shareholder:
VDM-Unterstützungskasse
Gesellschaft mit
beschränkter
Haftung
Plettenberger
Str. 2
D 58791
Werdohl
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,564.59
Share: EUR 25,564.59
Reg.
data: 11.01.1902
Local court 58636 Iserlohn
HRB 5100
Shareholder:
MOL
Katalysatortechnik GmbH
Fritz-Haber-Str. 9
D 06217
Merseburg
Legal form:
Private limited company
Company Status: active
Share
capital: EUR 77,050.00
Share: EUR 15,766.00
Reg.
data: 02.08.1995
Local court 39576 Stendal
HRB 209430
Shareholder:
Evidal
Schmöle Verwaltungsgesellschaft mbH
Carl-Benz-Str. 13
D 58706
Menden
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 30,000.00
Share: EUR 15,000.00
Reg.
data: 24.03.2000
Local court 59821 Arnsberg
HRB 5192
Payment experience: within
periods customary in this trade
Negative information: We have no
negative information at hand.
Balance sheet year: 2010/2011
Type of ownership: proprietor
Share: 100.00 %
Address Plettenberger Str. 2
D 58791 Werdohl
Land register documents were not available.
Principal banks
COMMERZBANK, WERDOHL
Sort. code: 45840026, Account no.: 6422450617, BIC: COBADEFF458
DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN, WERDOHL
Sort. code: 44570024, Account no.: 2428563, BIC: DEUTDEDB445
Turnover: 2009/2010 EUR 747,568,000.00
2010/2011 EUR 1,115,051,000.00
Profit: 2009/2010 EUR -29,615,000.00
2010/2011 EUR 4,841,000.00
further
business figures:
Ac/ts
receivable: EUR 201,859,000.00
Liabilities: EUR 373,919,000.00
Employees:
1,590
Control and profit transfer agreement to:
ThyssenKrupp
Nirosta GmbH
Oberschlesienstr.
16
D 47807 Krefeld
Balance
sheet ratios 01.10.2010 - 01.08.2011
Equity
ratio [%]: 18.31
Liquidity
ratio: 0.54
Return
on total capital [%]: 0.97
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: 01.10.2010 - 01.08.2011
ASSETS EUR 594,727,000.00
Fixed assets EUR 113,479,000.00
Intangible assets EUR 1,242,000.00
Tangible assets EUR 109,970,000.00
Financial assets EUR 2,267,000.00
Current assets EUR 479,718,000.00
Stocks EUR 277,746,000.00
Accounts receivable EUR 201,859,000.00
Trade debtors EUR 75,639,000.00
Other debtors and assets EUR 126,220,000.00
Liquid means EUR 113,000.00
Remaining other assets EUR 1,530,000.00
Accruals (assets) EUR 1,530,000.00
LIABILITIES EUR 594,727,000.00
Shareholders' equity EUR 106,858,000.00
Capital EUR 32,000,000.00
Subscribed capital (share capital) EUR
32,000,000.00
Reserves EUR 74,816,000.00
Capital reserves EUR 66,326,000.00
Retained earnings / revenue reserves
EUR 8,490,000.00
Balance sheet profit/loss (+/-) EUR
42,000.00
Annual surplus / annual deficit EUR 42,000.00
Provisions EUR 113,950,000.00
Pension provisions and comparable
provisions EUR 64,212,000.00
Provisions for taxes EUR 35,000.00
Other / unspecified provisions EUR 49,703,000.00
Liabilities EUR 373,919,000.00
Other liabilities EUR 373,919,000.00
Trade creditors (for IAS incl. bills
of exchange) EUR 187,596,000.00
Unspecified other liabilities EUR 186,323,000.00
PROFIT
AND LOSS ACCOUNT (cost of sales method) according to Comm.
Code
(HGB)
Sales EUR 1,115,051,000.00
Manufacturing costs EUR 1,036,200,000.00
Gross result on sales EUR 78,851,000.00
Distribution costs EUR 42,541,000.00
General administration expenses EUR 18,226,000.00
Other operating income EUR 4,934,000.00
Other operating expenses EUR 4,806,000.00
Operating result from continuing
operations
EUR 18,212,000.00
Interest result (+/-) EUR -10,176,000.00
Financial result (+/-) EUR -10,176,000.00
Result from ordinary operations (+/-) EUR
8,036,000.00
Extraordinary expenses EUR 849,000.00
Extraordinary result (+/-) EUR -849,000.00
Expenses for transfer of profits to a
parent company EUR 4,841,000.00
Income tax / refund of income tax
(+/-)EUR -2,304,000.00
Tax (+/-) EUR -2,304,000.00
Annual surplus / annual deficit EUR 42,000.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.02 |
|
UK Pound |
1 |
Rs.86.78 |
|
Euro |
1 |
Rs.68.83 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.