MIRA
INFORM REPORT
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Report Date : |
19.06.2012 |
IDENTIFICATION DETAILS
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Name : |
J. P. SAUER & SOHN MASCHINENBAU GMBH |
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Registered Office : |
Brauner Berg 15 |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
17.02.2006 |
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Com. Reg. No.: |
FC026587 |
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Legal Form : |
Private Independent |
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Line of Business : |
Manufacture of pumps and compressors |
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No. of Employees : |
161 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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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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 and address
J. P. Sauer & Sohn Maschinenbau Gmbh
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Business Description
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Air and other Gas Compressors |
Industry
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Industry |
Miscellaneous Capital Goods |
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ANZSIC 2006: |
2451 - Pump and Compressor Manufacturing |
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NACE 2002: |
2912 - Manufacture of pumps and
compressors |
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NAICS 2002: |
333912 - Air and Gas Compressor
Manufacturing |
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29122 - Manufacture of compressors |
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US SIC 1987: |
3563 - Air and Gas Compressors |
Key Executives
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Financial Summary
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1 - Profit &
Loss Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064
Corporate Overview
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Executives Report
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Directors and Shareholders
Report
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Individual Directors |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
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Current |
25 Feb 1959 |
Waffenschmiede 26, |
17 Feb 2006 |
NA |
Current:1 |
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Current |
10 Sep 1957 |
Hafenstrasse 16 A, Heikendorf, |
17 Feb 2006 |
NA |
Current:1 |
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Corporate Directors |
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There are no corporate directors for this company. |
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Individual Secretaries |
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There are no individual secretaries for this company. |
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Corporate Secretaries |
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There are no corporate secretaries for this company. |
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Shareholders |
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Currently does not provide shareholding information for this company. |
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Annual Profit & Loss
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Financials in: USD (mil) |
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Except for share items (millions) and per
share items (actual units) |
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2005 |
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Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.755078 |
0.719047 |
0.683679 |
0.804541 |
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Consolidated |
No |
No |
No |
No |
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Total Turnover |
86.2 |
89.5 |
88.8 |
47.1 |
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Interest Paid |
2.0 |
2.1 |
1.9 |
- |
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Interest Received |
0.8 |
0.6 |
0.2 |
0.8 |
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Profit Before Taxes |
1.5 |
-3.9 |
0.6 |
1.5 |
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Profit After Taxes |
1.5 |
2.9 |
- |
1.4 |
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Audit Fees |
0.0 |
0.0 |
0.0 |
0.0 |
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Number of Employees |
161 |
156 |
- |
117 |
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Annual Balance
Sheet |
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Financials in:
USD (mil) |
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2005 |
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Filed Currency |
EUR |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
0.847781 |
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Consolidated |
No |
No |
No |
No |
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Total Tangible Fixed Assets |
5.4 |
6.6 |
5.1 |
1.1 |
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Intangible Assets |
0.1 |
0.3 |
0.3 |
0.3 |
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Investments |
0.5 |
0.9 |
1.3 |
0.0 |
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Total Fixed Assets |
6.1 |
7.7 |
6.7 |
1.4 |
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Total Stocks |
13.5 |
15.6 |
18.5 |
8.3 |
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Trade Debtors |
16.3 |
15.1 |
- |
- |
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Inter-Company Debtors |
5.8 |
15.3 |
8.0 |
- |
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Cash and Equivalents |
0.3 |
0.6 |
0.9 |
1.7 |
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Other Current Assets |
0.3 |
1.2 |
17.7 |
18.8 |
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Total Current Assets |
36.2 |
47.8 |
45.1 |
28.8 |
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Total Assets |
42.2 |
55.6 |
51.8 |
30.2 |
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Trade Creditors |
4.8 |
11.2 |
- |
- |
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Bank Overdraft |
- |
0.0 |
0.0 |
0.0 |
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Bank Loan Overdrafts |
- |
0.0 |
0.0 |
0.0 |
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Inter-Company Creditors |
20.8 |
34.8 |
26.9 |
20.5 |
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Short Term Bank Loans (Current Liability) |
- |
- |
- |
0.1 |
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Total Short Term Loans |
0.0 |
0.0 |
0.0 |
0.1 |
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Other Current Liabilities |
5.6 |
-1.6 |
13.1 |
2.3 |
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Total Current Liabilities |
5.6 |
-1.6 |
13.1 |
2.3 |
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Working Capital |
5.0 |
3.4 |
5.1 |
6.0 |
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Group Loans (Long Term Liability) |
0.0 |
0.0 |
- |
- |
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Director Loans (Long Term Liability) |
0.0 |
0.0 |
- |
- |
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Total Long Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Liabilities |
1.5 |
3.0 |
- |
1.3 |
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Capital Redemption Reserve |
5.4 |
5.6 |
6.4 |
- |
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Retained Earnings |
2.9 |
2.6 |
2.6 |
- |
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Other Reserves |
- |
- |
- |
5.0 |
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Total Reserve |
8.3 |
8.2 |
9.0 |
5.0 |
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Total Shareholders Funds |
11.0 |
11.1 |
11.8 |
7.4 |
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Net Worth |
10.9 |
10.9 |
11.5 |
7.1 |
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Annual Cash
Flows |
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Financials in:
USD (mil) |
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2005 |
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Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.755078 |
0.719047 |
0.683679 |
0.804541 |
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Consolidated |
No |
No |
No |
No |
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Retained Profits |
- |
2.9 |
0.0 |
- |
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Net Cash Flow From Operating Activities |
- |
0.0 |
0.0 |
- |
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Net Cash Flow from ROI and Servicing of Finance |
- |
0.0 |
0.0 |
- |
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Taxation |
0.0 |
-6.7 |
- |
0.1 |
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Paid Up Equity |
2.7 |
2.8 |
3.0 |
2.5 |
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Net Cash Flow Before Financing |
- |
0.0 |
0.0 |
- |
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Net Cash Flow From Financing |
- |
0.0 |
0.0 |
- |
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Increase in Cash |
- |
0.0 |
0.0 |
- |
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Contingent Liability |
- |
0.0 |
0.0 |
- |
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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 |
31-Dec-2005 |
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Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
0.847781 |
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Consolidated |
No |
No |
No |
No |
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Current Ratio |
1.16 |
1.08 |
1.13 |
1.26 |
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Liquidity Ratio |
0.73 |
0.73 |
0.66 |
0.90 |
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Stock Turnover |
6.45 |
5.93 |
4.55 |
5.40 |
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Collection Period |
67.47 |
59.35 |
- |
- |
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Creditor Days (Sales Based) |
20.04 |
44.32 |
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- |
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Insolvency Ratio |
- |
2.80 |
- |
- |
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Solvency Ratio |
26.10% |
20.02% |
22.83% |
24.49% |
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Return on Capital Employed |
13.80% |
-35.75% |
5.01% |
19.81% |
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Return on Assets |
3.60% |
-7.16% |
1.14% |
4.85% |
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Current Debt Ratio |
2.83 |
3.99 |
3.38 |
3.08 |
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Return On Short Term Debt |
4.88% |
-8.95% |
1.48% |
6.43% |
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Long Term Debt Ratio |
0.00 |
0.00 |
0.00 |
0.00 |
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Total Debt Ratio |
2.83 |
4.00 |
3.38 |
3.08 |
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Debt Asset Ratio |
73.87% |
79.95% |
77.17% |
75.51% |
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Working Finance |
374,358.93% |
231,549.43% |
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- |
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Pretax Margin |
1.74% |
-4.31% |
0.70% |
3.29% |
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Return on Shareholders Funds |
13.80% |
-35.75% |
5.01% |
19.81% |
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Sales to Fixed Assets |
1,443.14% |
1,194.04% |
1,256.49% |
3,119.38% |
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Sales to Total Assets |
206.88% |
166.08% |
162.85% |
147.70% |
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Stock Financing |
2.72 |
4.56 |
3.63 |
1.38 |
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Fixed Asset Investment |
0.14 |
0.14 |
0.13 |
0.05 |
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Shareholder Liquidity |
1,140.72 |
538.37 |
- |
- |
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Asset Turnover Ratio |
7.92 |
8.28 |
7.13 |
6.03 |
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Profit Before Interest Margin |
2.68% |
-3.64% |
0.97% |
4.94% |
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Short Term Gearing |
- |
- |
- |
-22.81% |
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Post Tax Result to Net Worth |
13.46% |
26.70% |
- |
18.10% |
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Post Tax Result to Total Assets |
3.51% |
5.35% |
- |
4.43% |
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Post Tax Loss to Net Worth |
0.13 |
0.27 |
- |
0.18 |
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Stock to Total Assets |
311.95% |
357.03% |
279.36% |
365.92% |
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Monthly Turnover |
7.3 |
7.7 |
7.0 |
3.7 |
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Interest Coverage |
0.74 |
-1.87 |
0.33 |
- |
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Profit per Employee |
0.0 |
0.0 |
- |
0.0 |
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Sales per Employee |
0.5 |
0.6 |
- |
0.4 |
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Capital Employed per Employee |
0.1 |
0.1 |
- |
0.1 |
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Fixed Assets Per Employee |
0.0 |
0.0 |
- |
0.0 |
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Shareholders Funds Per Employee |
0.1 |
0.1 |
- |
0.1 |
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Financial Strength Ratio |
1.89 |
1.81 |
1.79 |
2.16 |
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Reserve Movement |
8.07% |
-11.67% |
52.61% |
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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.55.59 |
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1 |
Rs.87.34 |
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Euro |
1 |
Rs.70.66 |
INFORMATION DETAILS
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Report Prepared
by : |
PRL |
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 |
-- |
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.