MIRA INFORM REPORT

 

 

Report Date :

09.06.2012

 

IDENTIFICATION DETAILS

 

Name :

DIOSNA DIERKS & SÖHNE GMBH

 

 

Registered Office :

Am Tie 23, D - 49086  Osnabrück

 

 

Country :

Austria

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

12.08.1994

 

 

Com. Reg. No.:

890

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacturer of machinery for food, beverage and tobacco processing

 

 

No. of Employees :

198

 

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)

Austria

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Basic company information

 

Company name:

DIOSNA Dierks & Söhne GmbH

Address:

Am Tie 23

D - 49086  Osnabrück 

Phone:

0541/33104-0

Fax:

0541/33104-10

International VAT number:

DE811796248

e-mail:

info@diosna.de

Internet:

www.diosna.de

General Assessment:

Recommendation:

We recommends to establish a business and credit relationship, and to benefit from arising business opportunities. The solvency of the company is above average, risk is considered very low.

Detail Assessment:

Payments are sometimes made using cash discounts or according to conditions.

Financial situation is very good.

 

 

Additional company Information

  

Legal form:

Private limited company

Legal status:

active

Type of registration:

Commercial Register

Registration number:

890

Registration institution:

Local court

Location of institution:

49074 Osnabrück

Date of registration:

25.09.1981

Foundation:

01.10.1885

Capital:

EUR  2.600.000

Type of capital:

Share capital

Start of business:

12.08.1994

Articles of incorporation since::

12.08.1886

 

 

Shareholders:

 

 

Management:

 

 

 

Activity

 

Code:

28930

Description

Manufacture of machinery for food, beverage and tobacco processing

 

Code:

7010

Description

Activities of head offices

 

 Financial Data

  

Amounts shown in:

EUR

Turnover (2011):

44.367.139

Turnover (2010

42.658.120

Total employees:

198

Earnings (2011):

4.435.477

Earnings (2010):

4.435.477

Machinery and equipment:

519.520

Receivables:

11.420.331

Liabilities:

8.128.083

Clerks:

106

Workers:

92

 

Bilanzdaten

Balancesheet valid from:

01.01.2011

Balancesheet valid to:

31.12.2011

Degree:

Accounts acc. to German Commercial Code (HGB)

Balancesheet type:

Company balance sheet

Balancesheet currency:

EUR

 

ASSETS

39.216.368,65

Fixed assets

11.195.195,93

Intangible assets

344.069

Concessions, licences, rights

163.492

Other / unspecified intangible assets

180.577

Tangible assets

10.823.059,18

Land / similar rights

9.935.393,34

Plant / machinery

368.146

Other tangible assets / fixtures and fittings

519.519,84

Financial assets

28.067,75

Shares in participations / subsidiaries and the like

28.067,75

Shares in related companies

3.067,75

Shares in investee companies

25.000

Current assets

27.910.217,39

Stocks

9.312.465,83

Raw materials, consumables and supplies

3.341.569,4

Finished goods / work in progress

5.970.896,43

Accounts receivable

11.420.330,63

Trade debtors

8.203.657,59

Amounts due from related companies

2.003.916,67

Other debtors and assets

1.212.756,37

Liquid means

7.177.420,93

Remaining other assets

110.955,33

Accruals (assets)

110.955,33

LIABILITIES

39.216.368,65

Shareholders' equity

19.389.953,11

Capital

2.600.000

Subscribed capital (share capital)

2.600.000

Reserves

4.518.886

Capital reserves

4.350.000

Retained earnings / revenue reserves

168.886

Balance sheet profit/loss (+/-)

12.271.067,11

Profit / loss brought forward

7.835.590,25

Annual surplus / annual deficit

4.435.476,86

Items between shareholders' equity and debt capital

4.762.942,79

Special items with reserve funds

4.762.942,79

Provisions

6.935.389,81

Pension provisions and comparable provisions

1.826.659

Other / unspecified provisions

5.108.730,81

Liabilities

8.128.082,94

Financial debts

1.222.355,34

Liabilities due to banks

1.222.355,34

Other liabilities

6.905.727,6

Trade creditors (for IAS incl. bills of exchange)

1.512.685,5

Liabilities from received advance payments

3.366.623,81

Liabilities due to shareholders

6.951,39

Liabililties due to related companies

126.988,2

Unspecified other liabilities

1.892.478,7

thereof liabilities from tax / financial authorities

323.005,16

thereof liabilities from social security

9.268,11

PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm. Code (HGB)

0

Sales

44.367.138,91

Inventory change + own costs (+/-)

-1.778.612,79

Inventory change (+/-)

-1.778.612,79

Other operating income

1.136.954,91

Cost of materials

18.016.206,04

Raw materials and supplies, purchased goods

16.634.274,13

Purchased services

1.381.931,91

Gross result (+/-)

25.709.274,99

Staff expenses

12.302.071,46

Wages and salaries

10.260.838,52

Social security contributions and expenses for pension plans and benefits

2.041.232,94

Total depreciation

555.833,69

Depreciation on tangible / intangible asssets (incl. start-up and exp. of bus.

555.833,69

Other operating expenses

5.998.078,51

Operating result from continuing operations

6.853.291,33

Interest result (+/-)

-273.528,55

Interest and similar income

33.689,57

thereof from related companies

3.916,67

Interest and similar expenses

307.218,12

Financial result (+/-)

-273.528,55

Result from ordinary operations (+/-)

6.579.762,78

Extraordinary income

2.800,36

Extraordinary expenses

223,57

Extraordinary result (+/-)

2.576,79

Income tax / refund of income tax (+/-)

-2.115.200,03

Other taxes / refund of taxes

-31.662,68

Tax (+/-)

-2.146.862,71

Annual surplus / annual deficit

4.435.476,86

 

 

Real estate

 

Name of owner:

DIOSNA Dierks & Söhne GmbH

Type of ownership:

proprietor

Address:

Am Tie 23 , 49086 Osnabrück 

Share of property:

100 %

 

 

Bankers

  

Bank sort code:

20070000

Name:

DEUTSCHE BANK

Zip, city:

20079 HAMBURG

 

Account:

715133000

Bank sort code:

26580070

Name:

COMMERZBANK VORMALS DRESDNER BANK

Zip, city:

49007 OSNABRÜCK

 

Account:

3160-300

Bank sort code:

25010030

Name:

POSTBANK

Zip, city:

30139 HANNOVER

 

Account:

381484500

Bank sort code:

26570090

Name:

DEUTSCHE BANK

Zip, city:

49006 OSNABRÜCK

 

Account:

547212100

Bank sort code:

26540070

Name:

COMMERZBANK

Zip, city:

49005 OSNABRÜCK

 

  

Historical Development

  

History valid from:

01.10.1885

History valid up to:

15.02.1982

Legal form:

Ltd partnership with priv. ltd. company as general partner

Name:

Dierks & Söhne GmbH & Co. KGMaschinenfabrik

Address:

Sandbachstr. 1

Zip, City

D-49074 Osnabrück

History valid from:

26.02.1982

History valid up to:

31.12.2003

Legal form:

Private limited company

Name:

DIOSNA Dierks & Söhne GmbH

Address:

Sandbachstr. 1

Zip, City

D-49074 Osnabrück

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.36

UK Pound

1

Rs.85.64

Euro

1

Rs.69.21

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.