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Report Date : |
05.05.2012 |
IDENTIFICATION DETAILS
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Name : |
HAFEMA WATER-RIDES GMBH |
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Registered Office : |
Rhein-Mosel-Str. 37, D 56291 Laudert |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
2004 |
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Com. Reg. No.: |
HRB 20419 |
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Legal Form : |
Private limited company |
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Line of Business : |
Manufacture of doors and windows of metal |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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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 – September 30, 2011
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
|
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 |
Hafema Water-Rides GmbH
Rhein-Mosel-Str. 37
D 56291 Laudert
Telephone:07240/942550
Telefax: 07240/36157
Homepage: www.hafema.de
E-mail: info@hafema.de
DE814012450
LEGAL FORM Private limited company
Date of foundation: 2004
Shareholders' agreement: 06.04.2004
Registered on: 07.09.2006
Commercial Register: Local court 56068 Koblenz
under: HRB 20419
Share capital: EUR 30,000.00
Harald Wendling
Rhein-Mosel-Str. 33
D 56291 Laudert
born: 07.11.1958
Share: EUR 15,000.00
Shareholder:
Paul Sommer
D 76327 Pfinztal
born: 03.12.1950
Share: EUR 15,000.00
Harald Wendling
Rhein-Mosel-Str. 33
D 56291 Laudert
having sole power of representation
born: 07.11.1958
Marital status: married
Manager:
Paul Sommer
D 76327 Pfinztal
authorized to jointly represent the company
born: 03.12.1950
Proprietor:
HW-Elektrotechnik e.K.
Rhein-Mosel-Str. 37
D 56291 Laudert
Legal form: Sole proprietorship
Registered
on: 01.08.2003
Reg. data: 56068 Koblenz, HRA 4927
2004 - 28.02.2005 SSW Water-Rides GmbH
Dichtelbacher Str. 2
D 55494 Rheinböllen
Private limited company
Sectors
2512 Manufacture of doors and windows of metal
96090 Other service activities n. e. c.
Payment experience: within periods customary in this trade
Negative information:We have no negative information at hand.
Balance sheet year: 2010
Type of ownership: Tenant
Address Rhein-Mosel-Str. 37
D 56291 Laudert
Land register documents were not available.
SPARKASSE RHEIN-NAHE, BINGEN AM RHEIN
Sort. code: 56050180, BIC: MALADE51KRE
KREISSPARKASSE RHEIN-HUNSRÜCK, RHEINBÖLLEN
Sort. code: 56051790, BIC: MALADE51SIM
Turnover: 2010 EUR 350,000.00
2011 EUR 350,000.00
further business
figures:
Equipment: EUR 18,000.00
Ac/ts
receivable:
EUR 217,008.00
Liabillities: EUR 583,811.00
Total numbers of
vehicles:
1
Employees:
2
The aforementioned business figures may partly be estimated information based on average values in the line of business.
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: -16.84
Liquidity ratio: 0.77
Return on total capital [%]: -7.72
Balance sheet grade: 4.9
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: -6.62
Liquidity ratio: 0.62
Return on total capital [%]: -20.55
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 7.90
Liquidity ratio: 0.30
Return on total capital [%]: 2.60
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 12.48
Liquidity ratio: 0.65
Return on total capital [%]: 3.57
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 639,990.92
Fixed
assets EUR 44,263.00
Intangible
assets EUR 25,970.00
Other
/ unspecified intangible assetsEUR
25,970.00
Tangible
assets EUR 18,293.00
Other
/ unspecified tangible assets EUR 18,293.00
Current
assets EUR 479,504.56
Accounts
receivable EUR 217,008.43
Other
debtors and assets EUR 217,008.43
Liquid
means EUR 262,496.13
Remaining
other assets EUR 116,223.36
Accruals
(assets) EUR 3,344.00
Deficit
not covered by shareholders'
equity EUR 112,879.36
LIABILITIES EUR 639,990.92
Shareholders'
equity EUR 0.00
Capital EUR 30,000.00
Subscribed
capital (share capital) EUR 30,000.00
Balance
sheet profit/loss (+/-) EUR -142,879.36
Profit
/ loss brought forward EUR -142,879.36
Other
shareholders' equity (+/-) EUR 112,879.36
Deficit
not covered by shareholders'
equity EUR 112,879.36
Provisions EUR 56,179.74
Liabilities EUR 583,811.18
Other
liabilities EUR 583,811.18
Unspecified
other liabilities EUR 583,811.18
Type
of balance
sheet: Company balance sheet
Financial
year: 01.01.2009 - 31.12.2009
ASSETS EUR 913,641.57
Fixed
assets EUR 60,730.00
Intangible
assets EUR 37,232.00
Other
/ unspecified intangible assetsEUR
37,232.00
Tangible
assets EUR 23,498.00
Other
/ unspecified tangible assets EUR 23,498.00
Current
assets EUR 771,932.41
Stocks EUR 39,533.97
Other
/ unspecified stocks EUR 39,533.97
Received
advance payments for orders
(depreciated
on the assets side) EUR -7,220,096.40
Accounts
receivable EUR 193,547.15
Other
debtors and assets EUR 193,547.15
Liquid
means EUR 538,851.29
Remaining
other assets EUR 80,979.16
Accruals
(assets) EUR 7,775.85
Deficit
not covered by shareholders'
equity EUR 73,203.31
LIABILITIES EUR 913,641.57
Shareholders'
equity EUR 0.00
Capital EUR 30,000.00
Subscribed
capital (share capital) EUR 30,000.00
Balance
sheet profit/loss (+/-) EUR -103,203.31
Profit
/ loss brought forward EUR -103,203.31
Other
shareholders' equity (+/-) EUR 73,203.31
Deficit
not covered by shareholders'
equity EUR 73,203.31
Provisions EUR 23,872.13
Liabilities EUR 889,769.44
Other
liabilities EUR 889,769.44
Unspecified
other liabilities EUR 889,769.44
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.72 |
|
|
1 |
Rs.86.98 |
|
Euro |
1 |
Rs.70.64 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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 |
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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 |
|
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.