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Report Date : |
09.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
INDUSTRONIC
INDUSTRIE-ELECTRONIC GMBH & CO. |
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Registered Office : |
Carl-Jacob-Kolb-Weg 1, D 97877
Wertheim |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
07.01.1965 |
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Com. Reg. No.: |
HRA 570159 |
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Legal Form : |
Ltd partnership with priv. ltd.
company as general partner |
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|
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Line of Business : |
Manufacture of electric domestic appliances |
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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 |
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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 – September 30, 2011
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
INDUSTRONIC Industrie-Electronic GmbH & Co.KG
Carl-Jacob-Kolb-Weg 1
D 97877 Wertheim
Telephone:09342/871-0
Telefax: 09342/871-17
Homepage: www.industronic.de
E-mail: info@industronic.de
LEGAL FORM Ltd partnership with priv. ltd. company as general partner
Registered on: 07.01.1965
Register of companies: Local
court 68159
under: HRA 570159
Total cap. contribution: EUR 1,127,000.00
Ingeborg Stallmeyer
Kurt-Schumacher-Str. 49
D 58452
Share:
EUR 1,127,000.00
INDUSTRONIC Geschäftsführungs-GmbH
Carl-Jacob-Kolb-Weg 1
D 97877 Wertheim
Legal form: Private limited company
Share capital:
EUR 25,000.00
Registered on: 01.04.2005
Reg. data: 68159
INDUSTRONIC Industrie-Electronic
GmbH & Co.
KG
Carl-Jacob-Kolb-Weg 1
D 97877 Wertheim
Legal form: Ltd partnership with priv.
ltd.
company as general partner
Total cap.
EUR 1,127,000.00
contribution:
Share:
EUR 25,000.00
Registered on: 07.01.1965
Reg. data: 68159
Wolfgang Stallmeyer
D 97877 Wertheim
Proxy:
Erich Dietrich
D 97896 Kirschfurt
having sole power of representation
born: 18.10.1957
Sectors
27510 Manufacture of
electric domestic appliances
4615 Agents
involved in the sale of furniture, household
goods, hardware and ironmongery
4643 Wholesale of
electrical household appliances and radio
and televisiongoods
Shareholder:
INDUSTRONIC Geschäftsführungs-GmbH
Carl-Jacob-Kolb-Weg 1
D 97877 Wertheim
Legal form: Private limited company
Company Status: active
Share capital:
EUR 25,000.00
Share:
EUR 25,000.00
Reg. data: 01.04.2005
Local court 68159
HRB 570565
Payment experience:
without complaints
Negative information:We have no
negative information at hand.
Balance sheet year:
2010
Type of ownership:
proprietor
Share:
100.00 %
Address
Carl-Jacob-Kolb-Weg 1
D 97877 Wertheim
Real Estate of:
INDUSTRONIC Geschäftsführungs-GmbH
Type of ownership: Tenant
Address
Carl-Jacob-Kolb-Weg 1
D 97877 Wertheim
Land register documents were not available.
Principal bank
VOLKSBANK MAIN-TAUBER, WERTHEIM A MAIN
Sort. code: 67390000, Account no.: 361003, BIC: GENODE61WTH
Further banks
SPARKASSE TAUBERFRANKEN, WERTHEIM A MAIN
Sort. code: 67352565, BIC: SOLADES1TBB
DEUTSCHE BANK, WÜRZBURG
Sort. code: 79070016, BIC: DEUTDEMM790
COMMERZBANK WÜRZBURG, WÜRZBURG
Sort. code: 79040047, BIC: COBADEFF790
Gross profit or loss:2010 EUR 13,093,210.00
Profit:
2010 EUR 1,802,807.00
Equipment: EUR 778,579.00
Ac/ts receivable: EUR 4,289,995.00
Liabillities: EUR 8,641,992.00
Employees:
118
- thereof permanent staff: 101
- Trainees: 3
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 60.14
Liquidity ratio: 2.16
Return on total capital [%]: 10.46
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 59.09
Liquidity ratio: 1.72
Return on total capital [%]: 4.98
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 59.73
Liquidity ratio: 4.70
Return on total capital [%]: 27.72
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 58.28
Liquidity ratio: 4.39
Return on total capital [%]: 35.12
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 17,920,903.63
Fixed assets EUR 6,755,372.32
Intangible assets EUR 1,202,813.50
Concessions, licences, rights EUR 969,276.00
Goodwill EUR 115,790.00
Advance payments for intang. assets EUR
117,747.50
Tangible assets EUR 4,094,300.60
Land / similar rights EUR 3,201,172.20
Other tangible assets / fixtures and
fittings EUR 778,579.00
Advance payments made / construction
in progress EUR 114,549.40
Financial assets EUR 1,458,258.22
Shares in participations /
subsidiaries and the like EUR 1,458,258.22
Shares in related companies
EUR 1,455,258.22
Shares in investee companies EUR 3,000.00
Current assets EUR 11,100,542.02
Stocks EUR 2,880,036.14
Accounts receivable EUR 4,289,994.71
Other debtors and assets EUR 4,289,994.71
Liquid means EUR 3,930,511.17
Remaining other assets EUR 64,989.29
Accruals (assets) EUR 64,989.29
LIABILITIES EUR 17,920,903.63
Shareholders' equity EUR 7,802,806.81
Capital EUR 6,000,000.00
Limited partner's capital / capital
of partially liable partner (LP) EUR 6,000,000.00
Limited partner's capital,
fixed
capital, capital account I
EUR 6,000,000.00
Balance sheet profit/loss (+/-) EUR 1,802,806.81
Balance sheet profit / loss EUR 1,802,806.81
Items between shareholders' equity and
debt capital EUR 25,000.00
Balancing items for capitalised own
shares in cos. acting as general
partners EUR 25,000.00
Provisions EUR 1,451,104.75
Liabilities EUR 8,641,992.07
thereof total due to shareholders EUR 2,729,026.69
Other liabilities EUR 8,641,992.07
Unspecified other liabilities EUR 8,641,992.07
PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Gross result (+/-) EUR 13,093,210.03
Staff expenses EUR 6,720,545.20
Wages and salaries EUR 5,700,880.67
Social security contributions and
expenses for pension plans and
benefits EUR 1,019,664.53
Total depreciation EUR 1,426,664.83
Depreciation on tangible / intangible
asssets (incl.
start-up and exp. of
bus.
EUR 604,296.57
Depreciation on current assets (+/-) EUR
822,368.26
Other operating expenses EUR 2,457,596.36
Operating result from continuing
operations EUR 2,488,403.64
Result from participating interests
(+/-) EUR 150.00
Expenses / income from participations EUR 150.00
Income from related companies EUR 150.00
Interest result (+/-) EUR -331,430.95
Interest and similar income EUR 38,566.16
thereof from related companies EUR 16,890.06
Interest and similar expenses EUR 369,997.11
Financial result (+/-) EUR -331,280.95
Result from ordinary operations (+/-) EUR
2,157,122.69
Extraordinary expenses EUR 8,166.00
Extraordinary result (+/-) EUR -8,166.00
Income tax / refund of income tax (+/-)EUR -328,663.18
Other taxes / refund of taxes EUR -17,486.70
Tax (+/-) EUR -346,149.88
Annual surplus / annual deficit EUR 1,802,806.81
Type of balance
sheet: Company
balance sheet
Financial year:
01.01.2009 - 31.12.2009
ASSETS EUR 15,161,656.79
Fixed assets EUR 5,737,393.16
Intangible assets
EUR 215,774.00
Concessions, licences, rights EUR 87,119.00
Goodwill EUR 128,655.00
Tangible assets EUR 4,392,429.58
Land / similar rights
EUR 3,000,771.20
Other tangible assets / fixtures and
fittings EUR 864,002.00
Advance payments made / construction
in progress EUR 527,656.38
Financial assets EUR 1,129,189.58
Shares in participations /
subsidiaries and the like EUR 1,129,189.58
Shares in related companies
EUR 1,126,189.58
Shares in investee companies EUR 3,000.00
Current assets EUR 9,394,933.63
Stocks EUR 2,164,161.99
Accounts receivable EUR 5,115,918.89
Other debtors and assets EUR 5,115,918.89
Liquid means EUR 2,114,852.75
Remaining other assets EUR 29,330.00
Accruals (assets) EUR 29,330.00
LIABILITIES EUR 15,161,656.79
Shareholders' equity EUR 6,750,384.91
Capital EUR 6,000,000.00
Limited partner's capital / capital
of partially liable partner (LP) EUR 6,000,000.00
Limited partner's capital, fixed
capital, capital account I
EUR 6,000,000.00
Balance sheet profit/loss (+/-) EUR 750,384.91
Balance sheet profit / loss EUR 750,384.91
Items between shareholders' equity and
debt capital EUR 25,000.00
Balancing items for capitalised own
shares in cos. acting as general
partners EUR 25,000.00
Provisions EUR 1,016,448.00
Liabilities EUR 7,369,823.88
thereof total due to shareholders EUR 2,273,763.31
PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Gross result (+/-) EUR 10,743,180.17
Staff expenses EUR 6,295,979.58
Wages and salaries EUR 5,347,734.82
Social security contributions and
expenses for pension plans and
benefits EUR 948,244.76
Total depreciation EUR 347,076.09
Depreciation on tangible / intangible
asssets (incl.
start-up and exp. of
bus. EUR 347,076.09
Other operating expenses EUR 2,750,854.47
Operating result from continuing
operations EUR 1,349,270.03
Result from participating interests
(+/-) EUR 150.00
Expenses / income from participations EUR 150.00
Income from related companies EUR 150.00
Interest result (+/-) EUR -400,185.67
Interest and similar income EUR 35,512.15
thereof from related companies EUR
8,007.83
Interest and similar expenses EUR 435,697.82
Financial result (+/-) EUR -400,035.67
Result from ordinary operations (+/-) EUR
949,234.36
Income tax / refund of income tax (+/-)EUR -186,789.67
Other taxes / refund of taxes EUR -12,059.78
Tax (+/-) EUR -198,849.45
Annual surplus / annual deficit EUR 750,384.91
There may have been some changes since our last research took
place. Therefore, a freshly researched report will follow
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.85 |
|
|
1 |
Rs.85.44 |
|
Euro |
1 |
Rs.68.80 |
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 |
|
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.