|
Report Date : |
27.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
KRÄUTER MIX GMBH |
|
|
|
|
Registered Office : |
Wiesentheider Str. 4 D 97355 Abtswind |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
27.10.1993 |
|
|
|
|
Com. Reg. No.: |
HRB 4809 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Processing of coffee and tea |
|
|
|
|
No. of Employees : |
234 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
250,000 EUR |
|
Status : |
Good |
|
Payment Behaviour : |
Regular |
|
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 |
Kräuter Mix GmbH
Company
Status: active
Wiesentheider
Str. 4
D 97355 Abtswind
Telephone:09383/204-0
Telefax: 09383/204-243
Homepage: www.kraeuter-mix.de
E-mail: info@kraeuter-mix.de
DE811748819
LEGAL FORM Private
limited company
Date of
foundation: 27.10.1993
Shareholders'
agreement: 27.10.1993
Registered
on: 28.12.1993
Commercial
Register: Local court 97070 Würzburg
under: HRB
4809
EUR 105,000.00
Christoph Hans Mix
Wiesentheider Str. 4
D 97355 Abtswind
born: 08.01.1952
Share: EUR 105,000.00
Manager:
Christoph Hans Mix
Wiesentheider Str. 4
D 97355 Abtswind
having sole power of representation
born: 08.01.1952
Profession: Businessman
Marital status: married
Proxy:
Steffen Schütz
Egelseestr. 129
D 96050 Bamberg
having sole power of representation
born: 13.06.1959
Proxy:
Dorell Laudenbach
Maingasse 137
D 97252 Frickenhausen
having sole power of representation
born: 03.12.1966
Marital status: married
Proxy:
Erwin Finkenzeller
D 91466 Gerhardshofen
having sole power of representation
born: 17.11.1956
Profession: Businessman
Marital status: unknown
(Manager)
Proprietor:
Christoph Mix
Wiesentheider Str. 4
D 97355 Abtswind
Legal form: Sole proprietorship
Registered
on: 09.07.1968
Reg. data: 97070 Würzburg, HRA 1000
Proprietor:
Strommixx Christoph Mix e.K.
Wiesentheider Str. 4
D 97355 Abtswind
Legal form: Sole proprietorship
Registered
on: 18.10.2004
Reg. data: 97070 Würzburg, HRA 5561
Sectors
1083 Processing of coffee and tea
10840 Manufacture of condiments and seasonings
46310 Wholesale of fruit and vegetables
46370 Wholesale of coffee, tea, cocoa and spices
Payment
experience: cash discount/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 Wiesentheider
Str. 4
D 97355 Abtswind
Land register
documents were not available.
Principal bank
SPARKASSE
MAINFRANKEN WÜRZBURG, KITZINGEN
Sort. code: 79050000,
Account no.: 30 29 84, BIC: BYLADEM1SWU
Further banks
FÜRSTLICH
CASTELLSCHE BANK, KITZINGEN
Sort. code:
79030001, Account no.: 10 03 85 3, BIC: FUCEDE77XXX
UNICREDIT BANK -
HYPOVEREINSBANK, WÜRZBURG
Sort. code:
79020076, Account no.: 1499076, BIC: HYVEDEMM455
COMMERZBANK
VORMALS DRESDNER BANK, KITZINGEN
Sort. code:
79080052, Account no.: 330039000, BIC: DRESDEFF790
RAIFFEISENBANK
VOLKACH-WIESENTHEID, WIESENTHEID
Sort. code:
79069001, Account no.: 11 23 48, BIC: GENODEF1WED
Turnover: 2010 EUR 68,565,977.00
Profit: 2010 EUR 4,420,054.00
Equipment: EUR 542,289.00
Ac/ts receivable: EUR 8,507,059.00
Liabillities: EUR 11,679,750.00
Employees:
234
- thereof permanent
staff:
234
Balance sheet
ratios 01.01.2010 - 31.12.2010
Equity ratio
[%]: 74.29
Liquidity
ratio: 1.63
Return on total
capital [%]: 11.56
Balance sheet
ratios 01.01.2009 - 31.12.2009
Equity ratio
[%]: 65.51
Liquidity
ratio: 0.97
Return on total
capital [%]: 6.55
Balance sheet
ratios 01.01.2008 - 31.12.2008
Equity ratio
[%]: 59.62
Liquidity
ratio: 0.56
Return on total
capital [%]: 6.06
Balance sheet
ratios 01.01.2007 - 31.12.2007
Equity ratio
[%]: 66.24
Liquidity
ratio: 0.88
Return on total
capital [%]: 7.59
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 38,445,386.91
Fixed assets EUR 742,300.85
Intangible assets EUR 7,875.00
Concessions, licences,
rights EUR 7,875.00
Tangible assets EUR 697,037.55
Plant / machinery EUR 154,748.66
Other tangible assets / fixtures and
fittings EUR 542,288.89
Financial assets EUR 37,388.30
Shares in participations /
subsidiaries and the like EUR 27,563.39
Shares in related companies EUR 27,563.39
Other loans EUR 9,824.91
Current assets EUR 37,681,753.72
Stocks EUR 26,586,398.24
Raw materials, consumables and
supplies EUR 368,204.14
Finished goods / work in progress EUR
24,491,982.67
Advance payments made EUR 1,726,211.43
Accounts receivable EUR 8,507,058.85
Amounts due from shareholders EUR 39,062.08
Trade debtors EUR 7,989,392.27
Other debtors and assets EUR 478,604.50
Liquid means EUR 2,588,296.63
Remaining other assets EUR 21,332.34
Accruals (assets) EUR 15,006.31
Other assets EUR 6,326.03
LIABILITIES EUR 38,445,386.91
Shareholders' equity EUR 24,662,321.36
Capital EUR 102,258.38
Subscribed capital (share capital) EUR 102,258.38
Balance sheet profit/loss (+/-) EUR 24,560,062.98
Profit / loss brought forward EUR 20,140,008.54
Annual surplus / annual deficit EUR 4,420,054.44
Provisions EUR 2,103,315.11
Pension provisions and comparable
provisions EUR 35,958.15
Provisions for taxes EUR 873,875.00
Other / unspecified provisions EUR 1,193,481.96
Liabilities EUR 11,679,750.44
Financial debts EUR 3,477,719.21
Liabilities due to banks EUR 3,477,719.21
Other liabilities EUR 8,202,031.23
Trade creditors (for IAS incl. bills
of exchange) EUR 3,454,800.09
Liabilities from received advance
payments EUR 50,338.82
Liabilities due to shareholders EUR 3,908,685.13
Unspecified other liabilities EUR 788,207.19
thereof liabilities from tax /
financial authorities EUR 218,301.93
thereof liabilities from social
security EUR 0.00
Guarantees and other commitments EUR 2,476,000.00
Liability from creation of a security
interest for third parties EUR 2,476,000.00
Profit and loss
account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 68,565,977.04
Inventory change + own costs (+/-) EUR 911,097.02
Inventory change (+/-) EUR 911,097.02
Other operating income EUR 1,650,600.17
Cost of materials EUR 44,168,399.03
Raw materials and supplies, purchased
goods EUR 43,504,369.32
Purchased services EUR 664,029.71
Gross result (+/-) EUR 26,959,275.20
Staff expenses EUR 9,826,019.64
Wages and salaries EUR
8,304,314.25
Social security contributions and
expenses for pension plans and
benefits EUR 1,521,705.39
Total depreciation EUR 216,105.29
Depreciation on tangible / intangible
asssets (incl.
start-up and exp. of
bus. EUR 216,105.29
Other operating expenses EUR 10,591,378.67
Operating result from continuing
operations EUR
6,325,771.60
Interest result (+/-) EUR -156,503.74
Interest and similar income EUR 31,455.47
Interest and similar expenses EUR 187,959.21
Other financial result EUR 21,390.73
Income from securities and loans from
financial assets EUR 21,390.73
Financial result (+/-) EUR -135,113.01
Result from ordinary operations (+/-) EUR
6,190,658.59
Extraordinary expenses EUR 21,097.00
Extraordinary result (+/-) EUR -21,097.00
Income tax / refund of income tax
(+/-)EUR -1,745,442.06
Other taxes / refund of taxes EUR -4,065.09
Tax (+/-) EUR -1,749,507.15
Annual surplus / annual deficit EUR 4,420,054.44
Type of balance
sheet: Company balance sheet
Financial
year: 01.01.2009 - 31.12.2009
ASSETS EUR 37,667,506.94
Fixed assets EUR 929,935.83
Intangible assets EUR 15,908.33
Concessions, licences,
rights EUR 15,908.33
Tangible assets EUR 644,449.77
Plant / machinery EUR 148,499.55
Other tangible assets / fixtures and
fittings EUR 495,950.22
Financial assets EUR 269,577.73
Shares in participations /
subsidiaries and the like EUR 27,563.39
Shares in related companies EUR 27,563.39
Other loans EUR 242,014.34
Current assets EUR 36,713,061.65
Stocks EUR 25,673,938.51
Raw materials, consumables and
supplies EUR 361,727.17
Finished goods / work in progress EUR
23,859,854.35
Advance payments made EUR 1,452,356.99
Accounts receivable EUR 9,234,790.85
Amounts due from shareholders EUR 38,109.35
Trade debtors EUR 8,063,982.13
Other debtors and assets EUR 1,132,699.37
Liquid means EUR 1,804,332.29
Remaining other assets EUR 24,509.46
Accruals (assets) EUR 24,509.46
LIABILITIES EUR 37,667,506.94
Shareholders' equity EUR 20,242,266.92
Capital EUR 102,258.38
Subscribed capital (share capital) EUR 102,258.38
Balance sheet profit/loss (+/-) EUR 20,140,008.54
Profit / loss brought forward EUR 17,677,338.24
Annual surplus / annual deficit EUR 2,462,670.30
Provisions EUR 1,646,844.17
Pension provisions and comparable
provisions EUR 207,167.00
Provisions for taxes EUR 38,616.00
Other / unspecified provisions EUR 1,401,061.17
Liabilities EUR 15,778,395.85
Financial debts EUR 8,453,154.51
Liabilities due to banks EUR 8,453,154.51
Other liabilities EUR 7,325,241.34
Trade creditors (for IAS incl. bills
of exchange) EUR 2,340,643.97
Liabilities from received advance
payments EUR 56,890.53
Liabilities due to shareholders EUR 4,448,858.71
Unspecified other liabilities EUR 478,848.13
thereof liabilities from tax /
financial authorities EUR 188,762.15
thereof liabilities from social
security EUR 0.00
Profit and loss
account (cost-summary method) according to Comm.
Code (HGB)
Sales
EUR 61,566,211.55
Inventory change + own costs (+/-) EUR
-1,270,309.49
Inventory change (+/-) EUR -1,270,309.49
Other operating income EUR 1,646,192.73
Cost of materials EUR 38,665,719.20
Raw materials and supplies, purchased
goods EUR 37,957,567.98
Purchased services EUR 708,151.22
Gross result (+/-) EUR 23,276,375.59
Staff expenses EUR 9,444,420.91
Wages and salaries EUR 7,978,202.30
Social security contributions and
expenses for pension plans and
benefits
EUR 1,466,218.61
Total depreciation EUR 211,130.75
Depreciation on tangible / intangible
asssets (incl.
start-up and exp. of
bus. EUR 211,130.75
Other operating expenses EUR 9,953,401.81
Operating result from continuing
operations EUR 3,667,422.12
Interest result (+/-) EUR -218,452.75
Interest and similar income EUR 12,642.36
Interest and similar expenses EUR 231,095.11
Other financial result EUR 20,505.08
Income from securities and loans from
financial assets EUR 20,505.08
Financial result (+/-) EUR -197,947.67
Result from ordinary operations (+/-) EUR
3,469,474.45
Income tax / refund of income tax
(+/-)EUR -1,002,723.06
Other taxes / refund of taxes EUR -4,081.09
Tax (+/-) EUR -1,006,804.15
Annual surplus / annual deficit EUR 2,462,670.30
There may have been
some changes since our last research took
place. Therefore, a
freshly researched report will follow
shortly.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.30 |
|
|
1 |
Rs.81.36 |
|
Euro |
1 |
Rs.67.97 |
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.
s