MIRA
INFORM REPORT
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Report Date : |
17.07.2012 |
IDENTIFICATION DETAILS
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Name : |
MAGNA-NATURSTEIN GMBH |
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Registered Office : |
Im Mittelfeld 1, Loitsche,
39326 |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
1993 |
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Com. Reg. No.: |
105956 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Engaged in cutting, shaping and finishing stone for use
in construction, in cemeteries, on roads, as roofing, etc. |
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No. of Employees : |
85 |
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
MAGNA-Naturstein GmbH
Im Mittelfeld 1
Loitsche, 39326
Germany
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Tel: |
+49 (0) 39208 2710 |
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Fax: |
+49 (0) 39208 23407 |
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Employees: |
85 |
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Company Type: |
Private Subsidiary |
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Corporate Family: |
4 Companies |
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Ultimate Parent: |
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Incorporation Date: |
1993 |
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Fiscal Year End: |
31-Dec-2010 |
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Reporting Currency: |
Euro |
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Annual Sales: |
NA |
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Total Assets: |
28.8 |
Business Description
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MAGNA-Naturstein GmbH is primarily engaged
in cutting, shaping and finishing stone for use in construction, in
cemeteries, on roads, as roofing, etc. |
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Industry |
Construction -
Raw Materials |
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ANZSIC 2006: |
2090 - Other
Non-Metallic Mineral Product Manufacturing |
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NACE 2002: |
2670 - Cutting,
shaping and finishing of ornamental and building stone |
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NAICS 2002: |
327991 - Cut
Stone and Stone Product Manufacturing |
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UK SIC 2003: |
2670 - Cutting,
shaping and finishing of ornamental and building stone |
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US SIC 1987: |
3281 - Cut Stone
and Stone Products |
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Registered No.(DEU)
105956
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR
0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064
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Industry
Codes
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Business
Description
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More Business Descriptions
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Sand, Gravel, Clay, and Ceramic and
Refractory Minerals Mining and Quarrying |
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Source: infoUSA |
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Financial
Data
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Corporate Structure News: |
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MAGNA-Naturstein GmbH |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
Source |
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Parent |
NĂ¼rtingen |
Germany |
Miscellaneous Fabricated Products |
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IUSA |
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Subsidiary |
Loitsche |
Germany |
Construction - Raw Materials |
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85 |
D&B |
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Subsidiary |
Loitsche-Heinrichsberg, Sachsen-Anhalt |
Germany |
Construction - Raw Materials |
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23 |
D&B |
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Subsidiary |
Vlotho-Exter |
Germany |
Non-Metallic Mining |
20.3 |
19 |
IUSA |
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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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Taxes and social security costs |
0.7 |
- |
- |
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Total payroll costs |
3.9 |
- |
- |
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Fixed asset depreciation and amortisation |
1.0 |
- |
- |
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Other operating costs |
5.8 |
- |
- |
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Net operating income |
1.7 |
- |
- |
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Other income |
0.5 |
- |
- |
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Interest payable on loans |
0.4 |
- |
- |
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Total expenses |
-0.1 |
- |
- |
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Profit before tax |
1.8 |
- |
- |
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Provisions |
1.0 |
1.1 |
1.6 |
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Other taxes |
0.0 |
- |
- |
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Total taxation |
0.4 |
- |
- |
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Net profit |
1.3 |
- |
- |
Annual Balance Sheet
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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 |
1.7 |
1.8 |
1.8 |
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Unavailable reserves |
0.9 |
1.0 |
1.1 |
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Other reserves |
10.1 |
- |
- |
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Total reserves |
10.1 |
9.3 |
8.3 |
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Profits for the year |
1.9 |
2.0 |
1.2 |
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Total stockholders equity |
13.7 |
13.2 |
11.3 |
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Provisions and allowances |
1.0 |
1.1 |
1.6 |
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Total long-term liabilities |
3.6 |
- |
- |
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Other loans |
- |
10.7 |
8.5 |
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Taxation and social security |
- |
3.2 |
3.6 |
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Total current liabilities |
9.7 |
13.9 |
12.1 |
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Total liabilities (including net worth) |
28.8 |
29.2 |
26.1 |
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Patents |
0.0 |
- |
- |
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Other intangibles |
- |
0.1 |
0.1 |
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Intangibles |
0.0 |
0.1 |
0.1 |
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Land and buildings |
2.2 |
2.6 |
2.7 |
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Machinery and tools |
4.3 |
2.2 |
2.6 |
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Fixtures and equipment |
2.2 |
2.6 |
2.7 |
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Fixed assets under construction |
0.0 |
2.4 |
0.1 |
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Total tangible fixed assets |
7.0 |
7.6 |
5.7 |
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Long-term investments |
0.0 |
0.0 |
0.0 |
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Shares held in associated companies |
0.4 |
0.4 |
0.4 |
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Total financial assets |
7.8 |
0.4 |
0.4 |
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Loans to associated companies |
7.4 |
- |
- |
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Total non-current assets |
14.8 |
8.1 |
6.2 |
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Net stocks and work in progress |
9.5 |
8.0 |
8.4 |
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Other receivables |
- |
5.4 |
4.2 |
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Total receivables |
4.4 |
12.9 |
11.3 |
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Owing from associated companies |
- |
7.4 |
7.0 |
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Owing from participants |
- |
0.1 |
0.1 |
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Cash and liquid assets |
0.0 |
0.1 |
0.1 |
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Total current assets |
14.0 |
21.1 |
19.8 |
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Prepaid expenses and deferred costs |
0.1 |
0.1 |
0.1 |
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Total assets |
28.8 |
29.2 |
26.1 |
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Annual Ratios |
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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 |
14.45 |
15.22 |
16.46 |
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Acid test ratio |
4.58 |
9.42 |
9.50 |
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Total liabilities to net worth |
0.10% |
0.11% |
0.11% |
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Net worth to total assets |
0.05% |
0.05% |
0.05% |
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Current liabilities to net worth |
0.07% |
0.11% |
0.11% |
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Current liabilities to stock |
0.10% |
0.17% |
0.14% |
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Fixed assets to net worth |
0.11% |
0.06% |
0.05% |
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Return on assets |
0.01% |
- |
- |
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Shareholders' return |
0.01% |
- |
- |
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Profit per employee |
1.18 |
- |
- |
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Average wage per employee |
3.49 |
- |
- |
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Net worth |
13.7 |
13.2 |
11.3 |
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Number of employees |
85 |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.54.92 |
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1 |
Rs.85.47 |
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Euro |
1 |
Rs.67.15 |
INFORMATION DETAILS
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Report Prepared
by : |
PDT |
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.