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Report Date : |
21.06.2012 |
IDENTIFICATION DETAILS
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Name : |
TROGE MEDICAL GMBH |
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Registered Office : |
Milchstr. 19, D 20148 |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
04.03.1986 |
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Com. Reg. No.: |
HRB 35614 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Wholesale of pharmaceutical goods |
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No. of Employees : |
18 |
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
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Troge Medical GmbH
Milchstr. 19
D 20148 Hamburg
Telephone: 040/441844-0
Telefax: 040/4107303
Homepage: www.trogemedical.de
E-mail: info@trogemedical.de
DE118600359
57/870/00519
LEGAL FORM Private
limited company
Date of foundation: 1986
Shareholders'
agreement: 02.01.1986
Registered on: 04.03.1986
Commercial Register: Local court 20355 Hamburg
under: HRB 35614
Share capital:
EUR 1,000,000.00
Karl-Heinz Troge
Milchstr. 19
D 20148 Hamburg
born: 31.10.1940
Share: EUR 1,000,000.00
Karl-Heinz Troge
Milchstr. 19
D 20148 Hamburg
having sole power
of representation
born: 31.10.1940
Profession:
Businessman
Marital status:
divorced
Manager:
Günther Hillmer
Birkenweg 30a
D 21629 Neu
Wulmstorf
authorized to
jointly represent the company
born: 17.01.1952
Profession:
Businessman
Manager:
Thomas Tilgner
Hofweg 58
D 22085 Hamburg
authorized to
jointly represent the company
born: 14.12.1964
Profession:
Businessman
Sectors
46461 Wholesale of
pharmaceutical goods
46462 Wholesale of medical and
orthopedic goods, dental and laboratory supplies
Payment experience: cash
discount/within agreed terms
Negative information: We have no
negative information at hand.
Balance sheet year: 2010
Type of ownership: Tenant
Address Milchstr. 19
D 20148 Hamburg
Real Estate of: Karl-Heinz Troge
Type of ownership: proprietor
Share: 100.00 %
Address Badestr.
D 20148 Hamburg
Land register documents were not available.
DEUTSCHE BANK, HAMBURG
Sort. code: 20070000, BIC: DEUTDEHHXXX
COMMERZBANK, HAMBURG
Sort. code: 20040000, BIC: COBADEHHXXX
Gross
profit or loss:2010
EUR 3,221,068.00
Profit: 2010 EUR 394,193.00
Equipment: EUR 121,532.00
Ac/ts
receivable:
EUR 3,850,259.00
Liabillities: EUR 3,894,007.00
Employees:
18
Balance
sheet ratios 01.01.2010 - 31.12.2010
Equity
ratio [%]: 49.78
Liquidity
ratio: 1.79
Return
on total capital [%]: 6.28
Balance
sheet ratios 01.01.2009 - 31.12.2009
Equity
ratio [%]: 52.61
Liquidity
ratio: 2.82
Return
on total capital [%]: 4.82
Balance
sheet ratios 01.01.2008 - 31.12.2008
Equity
ratio [%]: 44.84
Liquidity
ratio: 1.54
Return
on total capital [%]: 4.93
Balance
sheet ratios 01.01.2007 - 31.12.2007
Equity
ratio [%]: 39.84
Liquidity
ratio: 1.45
Return
on total capital [%]: 4.62
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.
Type of balance
sheet: Company balance sheet
Financial
year: 01.01.2010 - 31.12.2010
ASSETS EUR 6,337,126.78
Fixed assets EUR 138,637.00
Intangible assets EUR 17,105.00
Other / unspecified intangible
assetsEUR 17,105.00
Tangible assets EUR 121,532.00
Other tangible assets / fixtures and
fittings EUR 121,532.00
Current assets EUR 6,188,685.75
Stocks EUR 2,104,145.49
Accounts receivable EUR 3,850,258.96
Other debtors and assets EUR 3,850,258.96
Liquid means EUR 234,281.30
Remaining other assets EUR 9,804.03
Accruals (assets) EUR 9,804.03
LIABILITIES EUR 6,337,126.78
Shareholders' equity EUR 1,647,740.61
Capital EUR 1,000,000.00
Subscribed capital (share capital) EUR
1,000,000.00
Balance sheet profit/loss (+/-) EUR 647,740.61
Balance sheet profit / loss EUR 647,740.61
Provisions EUR 795,379.62
Liabilities EUR
3,894,006.55
Other liabilities EUR 3,894,006.55
Unspecified other liabilities EUR 3,894,006.55
PROFIT AND LOSS
ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Gross result (+/-) EUR 3,221,068.50
Staff expenses EUR 1,715,420.02
Wages and salaries EUR 1,559,014.93
Social security contributions and
expenses for pension plans and
benefits EUR 156,405.09
Total depreciation EUR 38,651.82
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 38,651.82
Other operating expenses EUR 737,325.23
Operating result from continuing
operations EUR 729,671.43
Interest result (+/-) EUR -82,372.79
Interest and similar income EUR 15,549.99
Interest and similar expenses EUR 97,922.78
Other financial result EUR -48,550.22
Income from securities and loans from
financial assets EUR 1,449.78
Depreciation on financial assets and
marketable securities EUR 50,000.00
Financial result (+/-) EUR -130,923.01
Result from ordinary operations (+/-) EUR
598,748.42
Extraordinary expenses EUR 3,137.76
Extraordinary result (+/-) EUR -3,137.76
Income tax / refund of income tax
(+/-)EUR -199,268.46
Other taxes / refund of taxes EUR -2,149.00
Tax (+/-) EUR -201,417.46
Annual surplus / annual deficit EUR 394,193.20
Type of balance
sheet: Company balance sheet
Financial
year: 01.01.2009 - 31.12.2009
ASSETS EUR 5,280,380.14
Fixed assets EUR 189,912.50
Intangible assets EUR 34,326.00
Other / unspecified intangible
assetsEUR 34,326.00
Tangible assets EUR 75,619.00
Other tangible assets / fixtures and
fittings EUR 75,619.00
Financial assets EUR 79,967.50
Other / unspecified financial assets
EUR 79,967.50
Current assets EUR 5,085,141.85
Stocks EUR 1,012,991.22
Accounts receivable EUR 3,509,029.16
Other debtors and assets EUR 3,509,029.16
Liquid means EUR 563,121.47
Remaining other assets EUR 5,325.79
Accruals (assets) EUR 5,325.79
LIABILITIES EUR 5,280,380.14
Shareholders' equity EUR 1,514,097.72
Capital EUR 1,000,000.00
Subscribed capital (share capital) EUR
1,000,000.00
Balance sheet profit/loss (+/-) EUR 514,097.72
Balance sheet profit / loss EUR 514,097.72
Provisions EUR 686,975.00
Liabilities EUR 3,079,307.42
Other liabilities EUR 3,079,307.42
Unspecified other liabilities EUR 3,079,307.42
PROFIT AND LOSS
ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Gross result (+/-) EUR 2,786,538.66
Staff expenses EUR 1,494,333.35
Wages and salaries EUR 1,363,945.43
Social security contributions and
expenses for pension plans and
benefits EUR 130,387.92
Total depreciation EUR 39,161.97
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 39,161.97
Other operating expenses EUR 750,972.17
Operating result from continuing
operations EUR 502,071.17
Interest result (+/-) EUR -94,707.88
Interest and similar income EUR 541.63
Interest and similar expenses EUR 95,249.51
Other financial result EUR -28,792.06
Income from securities and loans from
financial assets EUR 1,207.94
Depreciation on financial assets and
marketable securities EUR 30,000.00
Financial result (+/-) EUR -123,499.94
Result from ordinary operations (+/-) EUR
378,571.23
Income tax / refund of income tax
(+/-)EUR -124,016.82
Other taxes / refund of taxes EUR -1,007.00
Tax (+/-) EUR -125,023.82
Annual surplus / annual deficit EUR 253,547.41
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.86 |
|
UK Pound |
1 |
Rs.87.93 |
|
Euro |
1 |
Rs.70.88 |
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 |
|
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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.