|
Report Date : |
14.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
PAUL HILDEBRANDT AG |
|
|
|
|
Registered Office : |
Lise-Meitner-Str. 1 D 24558 Henstedt-Ulzburg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
24.032.1981 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
Wholesale of paper and paperboard, stationery, office supplies, books, periodicals and newspapers |
|
|
|
|
No. of Employees : |
Not Available |
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 |
|
Maximum Credit Limit : |
250,000 EUR |
|
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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Paul Hildebrandt AG
Lise-Meitner-Str. 1
D 24558 Henstedt-Ulzburg
Telephone:04193/9945
Telefax:
04193/994899
Homepage: www.hildebrandt.de
E-mail:
info@hildebrandt.de
VAT no.: DE134861399
Tax ID number: 11 292 03803
LEGAL FORM Public limited
company
Date of foundation: 1889
Begin of business Activities:
24.03.1981
Registered on: 21.02.1982
Commercial Register: Local
court 24114 Kiel
under: HRB
3784 BB
Share capital:
EUR 1,275,000.00
Jens Gustav Karl Marcus
Schöne Aussicht 24
D 22085 Hamburg
born: 27.05.1935
Share: 100.000 %
Jens Gustav Karl Marcus
Schöne Aussicht 24
D 22085 Hamburg
authorized to jointly represent the company
born: 27.05.1935
Profession: Businessman
Marital status: married
Member of the
Board of Directors:
Jan Friedrich Walter Marcus
Schwarzbuchenweg 2
D 22391 Hamburg
having sole power of representation
born: 03.06.1960
Profession: Businessman
Member of the
Board of Directors:
Günter Scheins
D 52249 Eschweiler
authorized to jointly represent the company
born: 17.04.1959
Hans-Jürgen Burmeister
Horstlooge 5
D 22359 Hamburg
born: 12.12.1948
Member of the
Supervisory Board:
Dieter Ney
D 20095 Hamburg
born: 06.05.1954
Profession: Businessman
Member of the
Supervisory Board:
Klaus Putschbach
D 20095 Hamburg
born: 09.05.1964
Profession: graduate engineer
Hans Volker Ulbricht
D 01445 Radebeul
authorized to jointly represent the company
born: 05.07.1949
Proxy:
Olaf Ehrhard Gahlbeck
D 18196 Kessin
authorized to jointly represent the company
born: 01.11.1962
Proxy:
Ute Reimers
D 24534 Neumünster
authorized to jointly represent the company
born: 06.02.1966
(Member of the Board of Directors)
Shareholder:
Gustav Markus GmbH
Lise-Meitner-Str. 1
D 24558 Henstedt-Ulzburg
Legal form: Private limited company
Share capital: EUR 51,129.19
Share: EUR 48,572.73
Registered
on:
09.10.1979
Reg. data:
24114 Kiel, HRB 1530 NO
Paul Hildebrandt Oyten GmbH
An der Autobahn 25
D 28876 Oyten
Legal form: Private limited company
dissolved
Share capital: EUR 51,129.19
Registered
on:
27.08.1993
Reg. data:
29664 Walsrode, HRB 120566
Manager:
Gustav Markus GmbH
Lise-Meitner-Str. 1
D 24558 Henstedt-Ulzburg
Legal form: Private limited company
Share capital: EUR 51,129.19
Registered
on:
09.10.1979
Reg. data:
24114 Kiel, HRB 1530 NO
(Member of the Board of Directors)
Shareholder:
Gustav Markus GmbH
Lise-Meitner-Str. 1
D 24558 Henstedt-Ulzburg
Legal form: Private limited company
Share capital: EUR 51,129.19
Share: EUR 2,556.46
Registered
on:
09.10.1979
Reg. data:
24114 Kiel, HRB 1530 NO
Manager:
Hildebrandt Verpackungen GmbH Berlin
Paradiesstr. 200-218
D 12526 Berlin
Legal form: Private limited company
Share capital: EUR 51,129.19
Registered
on:
09.03.1995
Reg. data:
14057 Berlin, HRB 54666 B
(Member of the
Board of Directors)
Proxy:
Paul Hildebrandt AG Zweigniederlassung Groß
Kienitz
Weidendamm 1
D 15831 Groß Kienitz
Legal form: Public limited company
Registered
on:
10.12.2001
Reg. data:
24114 Kiel, HRB 3784 BB
01.07.1981 - 22.02.1982 Erste Beteiligungsgesellschaft
Theaterstraße mbH (HRB 27997, AG
Hamburg)
Große
Theaterstr. 42
D 20354
Hamburg
Private
limited company
22.02.1982 - 11.02.1999 Paul
Hildebrandt GmbH (HRB 1757, AG
Norderstedt)
Gutenbergring 29
D 22848
Norderstedt
Private
limited company
11.02.1999 - 21.02.2001 Paul
Hildebrandt GmbH
Lise-Meitner-Str. 1
D 24558
Henstedt-Ulzburg
Private
limited company
RESIGNED ACTING PERSONS AND SHAREHOLDERS
30.07.2007 - 23.03.2010
Vice-president of the Board of Directors
Jens
Gustav Karl Marcus
D 22085
Hamburg
23.03.2001 - 23.03.2010 President
of the Supervisory Board
Friedhelm
Kneffel-Finn
D 20095
Hamburg
23.03.2001 - 23.03.2010
Vice-president of the Supervisory Board
Friedhelm
Fiolka
D 20095
Hamburg
23.03.2001 - 23.03.2010 Member of
the Supervisory Board
Hendricus
Johannes Kuiper
NL NB
Haarlen
Sectors
46494 Wholesale of paper and
paperboard, stationery, office
supplies, books,periodicals and newspapers
46692 Wholesale of other
machinery
46743 Wholes of metal and plastic
goods for construction
purposes
Branch:
Paul
Hildebrandt AG Zweigniederlassung
Im
Niedernfeld 8
D 31542 Bad
Nenndorf
TEL.:
05723/99000
FAX.: 05723/990099
Reg. entry:
30.12.1994
Branch:
Paul
Hildebrandt AG Zweigniederlassung
Kavelstorf
Ellernbruch 1
D 18196
Kavelstorf
TEL.:
038208/6460
FAX.:
038208/646-60
Reg. entry:
31.01.1992
Branch:
Paul
Hildebrandt AG Zweigniederlassung Groß
Kienitz
Weidendamm 1
D 15831 Groß
Kienitz
TEL.:
033708-5004
Reg. entry:
10.12.2001
Branch:
Paul
Hildebrandt AG Zweigniederlassung
Dresden
Rethelstr. 49
D 01139
Dresden
TEL.:
0351/897650
FAX.:
0351/8976510
Reg. entry:
06.05.1994
Branch:
Paul
Hildebrandt AG Zweigniederlassung
Raitzhainer
Str. 51
D 04626
Löbichau
TEL.:
036602-385-0
FAX.:
036602-385-99
Reg. entry:
21.08.2001
Branch:
Paul
Hildebrandt AG
Vestvejen 165
DK 6200
Aabenraa
Branch:
Paul
Hildebrandt AG
Raitzhainer
Str. 51
D 04626
Löbichau
TEL.:
036602/385-0
FAX.:
036602/385-99
Branch:
Paul
Hildebrandt AG, Zweigniederlassung
Oyten
An der
Autobahn 25
D 28876 Oyten
TEL.:
04207/91690
FAX.:
04207/916933
Branch:
Paul
Hildebrandt AG Zweigniederlassung Fürth
Eggenweg 8
D 90765 Fürth
TEL.:
0911/58180-0
FAX.:
0911/58180-99
Branch:
Paul Hildebrandt
AG Zweigniederlassung
Mühlheim
Industriestr.
12
D 63165
Mühlheim
TEL.:
06108/825790
Reg. entry:
24.11.2010
Branch:
Paul Hildebrandt
AG Zweigniederlassung
Hechingen
D 72379
Hechingen
TEL.:
07471/180530
Reg. entry:
21.02.2001
Branch:
Paul
Hildebrandt AG -Niederlassung
Stuttgart-
Uhlandstr. 66
D 72793
Pfullingen
TEL.:
07121/43359-0
FAX.:
07121/43359-99
Shareholder:
Hildebrandt Verpackungen GmbH Berlin
Paradiesstr. 200-218
D 12526 Berlin
Legal form: Private limited company
Company Status: active
Share capital: EUR 51,129.19
Share: EUR 51,129.19
Reg. data:
09.03.1995
Local court 14057 Berlin
HRB 54666 B
Payment experience: within agreed
terms
Negative information:We have no negative information at hand.
Maximum credit: 250,000 EUR
Balance sheet year: 2010
Type of ownership: Tenant
Address
Lise-Meitner-Str. 1
D 24558
Henstedt-Ulzburg
Real Estate of: Jens Gustav
Karl Marcus
Type of ownership: unknown
Address Schöne
Aussicht 24
D 22085
Hamburg
Land register documents were not available.
Principal bank
HAMBURGER SPARKASSE, HAMBURG
Sort. code: 20050550, BIC: HASPDEHHXXX
Further banks
DEUTSCHE BANK, HAMBURG
Sort. code: 20070000, BIC: DEUTDEHHXXX
HSH NORDBANK HAMBURG, HAMBURG
Sort. code: 20050000, BIC: HSHNDEHH200
Turnover: 2010 EUR 68,811,645.00
Profit: 2010 EUR 1,083,286.00
Equipment: EUR 3,115,117.00
Ac/ts
receivable:
EUR 8,249,482.00
Liabillities: EUR 15,364,656.00
Total
numbers of vehicles: 30
-
Lorries:
30
Employees: 226
-
thereof permanent staff: 223
-
Trainees:
3
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]:
21.29
Liquidity ratio:
0.53
Return on total capital [%]:
4.57
Balance sheet grade:
3.1
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]:
22.04
Liquidity ratio:
0.54
Return on total capital [%]:
3.57
Balance sheet grade:
3.1
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]:
26.60
Liquidity ratio:
0.63
Return on total capital [%]:
6.42
Balance sheet grade:
2.8
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]:
19.39
Liquidity ratio:
0.59
Return on total capital [%]:
1.70
Balance sheet grade:
3.4
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. It is calculated
in accordance with the methodology of Euler Hermes. It ranges
from 1.0 (positive) to 5.0 (negative).
Type of balance
sheet: Company
balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 24,029,830.79
Fixed assets EUR 8,147,342.07
Intangible assets EUR 482,302.62
Concessions, licences, rights EUR 440,954.90
Goodwill EUR 41,347.72
Tangible assets EUR 6,632,960.02
Land / similar rights EUR 3,495,374.90
Plant / machinery EUR 22,467.94
Other tangible assets / fixtures and
fittings EUR 3,115,117.18
Financial assets EUR 1,032,079.43
Shares in participations /
subsidiaries and the like EUR 122,712.05
Shares in related companies EUR 122,712.05
Securities included in fixed assets EUR
909,367.38
Current assets EUR 15,748,695.07
Stocks EUR 7,427,462.00
Raw materials, consumables and
supplies EUR 37,594.29
Finished goods / work in progress EUR
7,389,867.71
Accounts receivable EUR 8,249,482.07
Trade debtors EUR 4,776,411.11
Amounts due from related companies EUR 254,881.90
Amounts due from affiliated
companiesEUR 1,575,881.76
Other debtors and assets EUR 1,642,307.30
Liquid means EUR 71,751.00
Remaining other assets EUR 133,793.65
Accruals (assets) EUR
133,793.65
LIABILITIES EUR 24,029,830.79
Shareholders' equity EUR 5,107,256.41
Capital EUR 1,275,000.00
Subscribed capital (share capital) EUR
1,275,000.00
Reserves EUR 477,500.00
Retained earnings / revenue reserves
EUR 477,500.00
Balance sheet profit/loss (+/-) EUR 3,354,756.41
Profit / loss brought forward EUR 2,271,470.09
Annual surplus / annual deficit EUR 1,083,286.32
Items between shareholders' equity and
debt capital EUR 3,128,862.00
Special items with reserve funds EUR 128,862.00
Mezzanine financing EUR 3,000,000.00
Participation
certificate/participation rights
capital EUR 3,000,000.00
Provisions EUR 413,191.07
Pension provisions and comparable
provisions EUR 32,488.00
Provisions for taxes EUR 76,280.00
Other / unspecified provisions EUR 304,423.07
Liabilities EUR 15,364,656.31
Financial debts EUR 13,201,669.69
Liabilities due to banks EUR 13,201,669.69
Other liabilities EUR 2,162,986.62
Trade creditors (for IAS incl. bills
of exchange) EUR 1,271,092.50
Liabililties due to related
companiesEUR 67,138.12
Unspecified other liabilities EUR 824,756.00
thereof liabilities from tax /
financial authorities EUR 149,814.78
thereof liabilities from social
security EUR 828.48
Other liabilities EUR 15,865.00
Deferrals (liabilities) EUR 15,865.00
Profit and loss
account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 68,811,644.65
Other operating income EUR 271,664.73
Cost of materials EUR 51,356,003.58
Raw materials and supplies, purchased
goods EUR 51,356,003.58
Gross result (+/-) EUR 17,727,305.80
Staff expenses EUR 8,908,415.39
Wages and salaries EUR 7,582,429.16
Social security contributions and
expenses for pension plans and
benefits EUR 1,325,986.23
Total depreciation EUR 1,037,254.51
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 1,037,254.51
Other operating expenses EUR 5,502,141.24
Operating result from continuing
operations EUR 2,279,494.66
Interest result (+/-) EUR -677,436.97
Interest and similar income EUR 138,123.80
thereof from related companies EUR 0.00
Interest and similar expenses EUR 815,560.77
thereof paid to related companies EUR 0.00
Financial result (+/-) EUR -677,436.97
Result from ordinary operations (+/-) EUR
1,602,057.69
Income tax / refund of income tax
(+/-)EUR -490,730.83
Other taxes / refund of taxes EUR -28,040.54
Tax (+/-) EUR -518,771.37
Annual surplus / annual deficit EUR 1,083,286.32
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 20,011,609.31
Fixed assets EUR 7,206,768.12
Intangible assets EUR 599,179.08
Concessions, licences, rights EUR 539,454.60
Goodwill EUR 59,724.48
Tangible assets EUR 6,484,876.99
Land / similar rights EUR 3,594,677.41
Plant / machinery EUR 27,390.95
Other tangible assets / fixtures and
fittings EUR 2,862,808.63
Financial assets EUR 122,712.05
Shares in participations /
subsidiaries and the like EUR 122,712.05
Shares in related companies EUR 122,712.05
Current assets EUR 12,666,680.54
Stocks EUR 5,730,582.55
Raw materials, consumables and
supplies EUR 31,739.58
Finished goods / work in progress EUR
5,698,842.97
Accounts receivable EUR 6,540,208.08
Trade debtors EUR 3,453,979.41
Amounts due from related companies EUR 157,415.22
Other debtors and assets EUR 2,928,813.45
Liquid means EUR 395,889.91
Remaining other assets EUR 138,160.65
Accruals (assets) EUR 138,160.65
LIABILITIES EUR 20,011,609.31
Shareholders' equity EUR 4,703,970.09
Capital EUR 1,275,000.00
Subscribed capital (share capital) EUR
1,275,000.00
Reserves EUR 477,500.00
Retained earnings / revenue reserves
EUR 477,500.00
Balance sheet profit/loss (+/-) EUR 2,951,470.09
Profit / loss brought forward EUR 2,265,279.58
Annual surplus / annual deficit EUR 686,190.51
Items between shareholders' equity and
debt capital EUR 3,148,685.00
Special items with reserve funds EUR 148,685.00
Mezzanine financing EUR 3,000,000.00
Participation
certificate/participation rights
capital EUR 3,000,000.00
Provisions EUR
435,952.45
Pension provisions and comparable
provisions EUR 29,204.00
Provisions for taxes EUR 278,915.00
Other / unspecified provisions EUR 127,833.45
Liabilities EUR 11,704,491.77
Financial debts EUR 10,669,339.74
Liabilities due to banks EUR 10,669,339.74
Other liabilities EUR 1,035,152.03
Trade creditors (for IAS incl. bills
of exchange) EUR 437,242.14
Liabililties due to related
companiesEUR 64,730.46
Unspecified other liabilities EUR 533,179.43
thereof liabilities from tax /
financial authorities EUR 122,324.82
thereof liabilities from social
security EUR 475.60
Other liabilities EUR 18,510.00
Deferrals (liabilities) EUR 18,510.00
Profit and loss
account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 56,701,881.80
Other operating income EUR
590,943.58
Cost of materials EUR 41,378,938.70
Raw materials and supplies, purchased
goods EUR 41,378,938.70
Gross result (+/-) EUR 15,913,886.68
Staff expenses EUR 8,239,387.28
Wages and salaries EUR 7,036,779.16
Social security contributions and
expenses for pension plans and
benefits EUR 1,202,608.12
Total depreciation EUR 941,989.10
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 941,989.10
Other operating expenses EUR 4,959,606.52
Operating result from continuing
operations EUR 1,772,903.78
Interest result (+/-) EUR -722,798.90
Interest and similar income EUR 75,412.75
thereof from related companies EUR 0.00
Interest and similar expenses EUR 798,211.65
thereof paid to related companies EUR 2,812.11
Financial result (+/-) EUR -722,798.90
Result from ordinary operations (+/-) EUR
1,050,104.88
Income tax / refund of income tax
(+/-)EUR -334,722.66
Other taxes / refund of taxes EUR -29,191.71
Tax (+/-) EUR -363,914.37
Annual surplus / annual deficit EUR 686,190.51
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.22 |
|
|
1 |
Rs.78.63 |
|
Euro |
1 |
Rs.65.53 |
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.