|
Report Date : |
27.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
KOBUSCH-SENGEWALD GMBH |
|
|
|
|
Registered Office : |
Anton-Böhlen-Str. 5 D 34414 Warburg |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
04.07.2005 |
|
|
|
|
Com. Reg. No.: |
HRB 8002 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture of plastic packing goods |
|
|
|
|
No. of Employees : |
492 |
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 : |
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 |
Kobusch-Sengewald
GmbH
Company
Status: active
Anton-Böhlen-Str. 5
D 34414 Warburg
Telephone:05641/960
Telefax: 05641/5786
Homepage:
www.kobusch-sengewald.com
E-mail: kobusch-sengewald@pregis.com
DE812850904
LEGAL FORM Private
limited company
Date of
foundation: 2005
Shareholders'
agreement: 29.06.2005
Registered
on: 04.07.2005
Commercial
Register: Local court 33098 Paderborn
under: HRB
8002
EUR 25,000.00
Eifel Germany 3 GmbH
Maximilianstr. 11 c/o Kirkland
& Ellis Internati
D 80539 München
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered on: 03.11.2011
Reg. data: 80797 München, HRB 195119
Manager:
Borge Kvamme
CH - Zöllikon
having sole power of representation
born: 30.07.1952
Nationality: Swiss
Proxy:
Dietmar Lammers
D 33184 Altenbeken
born: 21.01.1959
Profession: Industrial manager
Proxy:
Wolfgang Klare
D 34434 Borgentreich
born: 22.07.1965
Proxy:
Friedrich Thielmann
Heinrichstr. 9
D 34434 Borgentreich
born: 26.12.1962
Proxy:
Katja Rietig
D 49324 Melle
authorized to jointly represent the company
born: 21.08.1970
Proxy:
Reinhard Steffens
D 34414 Warburg
authorized to jointly represent the company
born: 17.07.1958
(Manager)
Manager:
Pregis Deutschland Holding GmbH
Anton-Böhlen-Str. 5
D 34414 Warburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered on: 30.05.2008
Reg. data: 33098 Paderborn, HRB
8834
Manager:
Kobusch Germany 2 GmbH
Anton-Böhlen-Str. 5
D 34414 Warburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered on: 29.02.2012
Reg. data: 33098 Paderborn, HRB
10561
Manager:
Kobusch Germany Holding GmbH
Anton-Böhlen-Str. 5
D 34414 Warburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered on: 08.03.2012
Reg. data: 33098 Paderborn, HRB
10574
Main industrial
sector
22220 Manufacture of plastic packing goods
Branch:
Kobusch-Sengewald GmbH
Kreisstr. 16
D 33790 Halle
TEL.: 05201/7081
FAX.: 05201/708205
Payment
experience: within periods customary in
this trade
Negative
information:We have no negative information at hand.
Maximum
credit: 250,000 EUR
Balance sheet
year: 2010
Type of
ownership: Tenant
Address Anton-Böhlen-Str. 5
D 34414 Warburg
Land register
documents were not available.
COMMERZBANK, BIELEFELD
Sort. code:
48040035, BIC: COBADEFF480
DEUTSCHE BANK,
PADERBORN
Sort. code:
47270029, BIC: DEUTDE3B472
COMMERZBANK,
WARBURG, WESTF
Sort. code:
52040021, BIC: COBADEFF520
VOLKSBANK
PADERBORN-HÖXTER-DETMOLD, PADERBORN
Sort. code:
47260121, BIC: DGPBDE3MXXX
THE ROYAL BANK OF
SCOTLAND, NIEDERLASSUNG DEUTSCHLAND, FRANKFURT
AM MAIN
Sort. code:
50230400, BIC: ABNADEFFFRA
Turnover: 2010 EUR 203,143,853.00
2011 EUR 204,000,000.00
Profit: 2010 EUR 6,147,852.00
further business
figures:
Equipment: EUR 1,917,987.00
Ac/ts
receivable:
EUR 38,292,275.00
Liabillities: EUR 52,389,189.00
Employees:
492
- thereof permanent
staff:
438
- Part-time
employees: 20
- Trainees:
34
Balance sheet
ratios 01.01.2010 - 31.12.2010
Equity ratio
[%]: 41.11
Liquidity
ratio: 0.81
Return on total
capital [%]: 8.45
Balance sheet
grade: 2.2
Balance sheet
ratios 01.01.2009 - 31.12.2009
Equity ratio
[%]: 47.04
Liquidity
ratio: 0.88
Return on total
capital [%]: 10.66
Balance sheet
grade: 1.8
Balance sheet
ratios 01.01.2008 - 31.12.2008
Equity ratio
[%]: 40.54
Liquidity
ratio: 0.75
Return on total
capital [%]: 10.58
Balance sheet
grade: 2.1
Balance sheet
ratios 01.01.2007 - 31.12.2007
Equity ratio
[%]: -24.24
Liquidity
ratio: 0.76
Return on total
capital [%]: -0.52
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 84,198,263.27
Fixed assets EUR 28,672,179.88
Intangible assets EUR 587,143.51
Concessions, licences, rights EUR 587,142.51
Goodwill EUR 1.00
Tangible assets EUR 27,894,741.45
Land / similar rights EUR 14,128,103.40
Plant / machinery EUR 11,823,516.68
Other tangible assets / fixtures and
fittings EUR 1,917,987.00
Advance payments made / construction
in progress EUR 25,134.37
Financial assets EUR 190,294.92
Shares in participations /
subsidiaries and the like EUR 190,294.92
Shares in related companies EUR 30,743.76
Shares in investee companies EUR 159,551.16
Current assets EUR 55,123,909.41
Stocks EUR 16,070,430.38
Raw materials, consumables and
supplies EUR 3,757,273.83
Finished goods / work in progress EUR
12,313,156.55
Accounts receivable EUR 38,292,275.06
Trade debtors EUR 16,899,964.68
Amounts due from related companies EUR
9,915,043.13
Other debtors and assets EUR 11,477,267.25
Liquid means EUR 761,203.97
Remaining other assets EUR 402,173.98
Accruals (assets) EUR 402,173.98
LIABILITIES EUR 84,198,263.27
Shareholders' equity EUR 24,700,185.00
Capital EUR 25,000.00
Subscribed capital (share capital) EUR 25,000.00
Reserves EUR 24,675,185.00
Capital reserves EUR 24,675,185.00
Provisions EUR 7,108,888.97
Pension provisions and comparable
provisions EUR 1,342,559.00
Other / unspecified provisions EUR 5,766,329.97
Liabilities EUR 52,389,189.30
Other liabilities EUR 52,389,189.30
Trade creditors (for IAS incl. bills
of exchange) EUR 21,140,345.02
Liabilities from received advance
payments EUR 148,753.45
Liabililties due to related
companiesEUR 30,129,395.59
Unspecified other liabilities EUR 970,695.24
thereof liabilities from tax /
financial authorities EUR 251,516.56
Profit and loss
account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 203,143,852.73
Inventory change + own costs (+/-) EUR
1,077,710.86
Inventory change (+/-) EUR 1,077,710.86
Other operating income EUR 1,685,430.08
Cost of materials EUR 153,615,357.87
Raw materials and supplies, purchased
goods EUR 152,992,761.58
Purchased services EUR 622,596.29
Gross result (+/-) EUR 52,291,635.80
Staff expenses EUR 23,367,990.92
Wages and salaries EUR 19,653,042.10
Social security contributions and
expenses for pension plans and
benefits EUR 3,714,948.82
Total depreciation EUR 6,041,568.20
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 6,041,568.20
Other operating expenses EUR 14,739,573.62
Operating result from continuing
operations EUR 8,142,503.06
Interest result (+/-) EUR -1,692,571.94
Interest and similar income EUR 49,139.22
thereof from related companies EUR 0.00
Interest and similar expenses EUR 1,741,711.16
thereof paid to related companies EUR
1,589,258.54
Financial result (+/-) EUR -1,692,571.94
Result from ordinary operations (+/-) EUR 6,449,931.12
Extraordinary income EUR 111,876.47
Extraordinary expenses EUR 338,440.00
Extraordinary result (+/-) EUR -226,563.53
Expenses for transfer of profits to a
parent company EUR 6,147,852.05
Income tax / refund of income tax
(+/-)EUR -2,239.02
Other taxes / refund of taxes EUR -73,276.52
Tax (+/-) EUR -75,515.54
Annual surplus / annual deficit EUR 0.00
Type of balance
sheet: Company balance sheet
Financial
year: 01.01.2009 - 31.12.2009
ASSETS EUR 70,596,451.90
Fixed assets EUR 29,926,217.75
Intangible assets EUR 752,920.95
Concessions, licences, rights EUR 752,919.95
Goodwill EUR 1.00
Tangible assets EUR 28,983,001.88
Land / similar rights EUR 14,508,445.40
Plant / machinery EUR 12,161,500.86
Other tangible assets / fixtures and
fittings EUR 2,167,935.62
Advance payments made / construction
in progress EUR 145,120.00
Financial assets EUR 190,294.92
Shares in participations /
subsidiaries and the like EUR 190,294.92
Shares in related companies EUR 30,743.76
Shares in investee companies EUR 159,551.16
Current assets EUR 40,434,173.47
Stocks EUR 13,882,492.76
Raw materials, consumables and
supplies EUR 2,418,715.16
Finished goods / work in progress EUR
11,463,777.60
Accounts receivable EUR 24,177,649.18
Trade debtors EUR 17,220,219.89
Amounts due from related companies EUR 309,549.83
Other debtors and assets EUR 6,647,879.46
Liquid means EUR 2,374,031.53
Remaining other assets EUR 236,060.68
Accruals (assets) EUR 236,060.68
LIABILITIES EUR 70,596,451.90
Shareholders' equity EUR 24,700,185.00
Capital EUR 25,000.00
Subscribed capital (share capital) EUR 25,000.00
Reserves EUR 24,675,185.00
Capital reserves EUR 24,675,185.00
Provisions EUR 7,858,846.20
Pension provisions and comparable
provisions EUR 1,115,268.00
Provisions for taxes EUR 110,642.00
Other / unspecified provisions EUR 6,632,936.20
Liabilities EUR 38,037,420.70
Other liabilities EUR 38,037,420.70
Trade creditors (for IAS incl. bills
of exchange) EUR 11,076,380.26
Liabilities from received advance
payments EUR 3,000.00
Liabililties due to related companiesEUR 25,236,011.52
Unspecified other liabilities EUR 1,722,028.92
thereof liabilities from tax /
financial authorities EUR 746,519.56
Profit and loss
account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 150,406,440.76
Inventory change + own costs (+/-) EUR
-1,729,214.50
Inventory change (+/-) EUR -1,729,214.50
Other operating income EUR 2,020,645.55
Cost of materials EUR 99,165,849.08
Raw materials and supplies, purchased
goods EUR 98,532,108.53
Purchased services EUR 633,740.55
Gross result (+/-) EUR 51,532,022.73
Staff expenses EUR 23,405,571.73
Wages and salaries EUR 19,487,362.22
Social security contributions and
expenses for pension plans and
benefits EUR 3,918,209.51
Total depreciation EUR 7,074,079.46
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 7,074,079.46
Other operating expenses EUR 11,710,793.13
Operating result from continuing
operations EUR 9,341,578.41
Interest result (+/-) EUR -1,822,448.90
Interest and similar income EUR 17,891.77
thereof from related companies EUR 0.00
Interest and similar expenses EUR 1,840,340.67
thereof paid to related companies EUR
1,683,565.60
Financial result (+/-) EUR -1,822,448.90
Result from ordinary operations (+/-) EUR
7,519,129.51
Extraordinary income EUR 877,098.99
Extraordinary expenses EUR 55,128.97
Extraordinary result (+/-) EUR 821,970.02
Expenses for transfer of profits to a
parent company EUR 8,305,104.31
Income tax / refund of income tax
(+/-)EUR 31,516.42
Other taxes / refund of taxes EUR -67,511.64
Tax (+/-) EUR -35,995.22
Annual surplus / annual deficit EUR 0.00
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.