MIRA INFORM REPORT
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Report Date : |
28.05.2012 |
IDENTIFICATION DETAILS
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Name : |
BETTENWELT GMBH |
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Registered Office : |
Stadtweg 2, D 24976 Handewitt |
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Country : |
Germany |
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Financials (as on) : |
31.08.2010 |
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Date of Incorporation : |
13.07.1984 |
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Com. Reg. No.: |
HRB 1552 FL |
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Legal Form : |
Private Limited
Company |
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Line of Business : |
Activities of
holding companies |
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No. of Employees
: |
350 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Germany |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Bettenwelt GmbH
Stadtweg 2
D 24976 Handewitt
Telephone:0461/90307-0
LEGAL FORM Private
limited company
Date of
foundation: 1984
Begin of business
activities: 1984
Registered on: 13.07.1984
Commercial Register:
Local court 24937 Flensburg
under: HRB
1552 FL
Share capital: EUR 26,000.00
Lars Kristinus Larsen
Kjeldabelsvej 8
DK 8600 Silkeborg
born: 06.08.1948
Share: EUR 26,000.00
Lars Kristinus Larsen
Kjeldabelsvej 8
DK 8600 Silkeborg
having sole power of representation
born: 06.08.1948
Profession: Director
Nationality: danish
Marital status: married
Age Nielsen * Kaufmann *
DK 6200 Aabenraa
having sole power of representation
born: 21.07.1958
Nationality: danish
Proxy:
Ole Nissen Nielsen * Kaufmann *
Grasten
DK 6300 Rinkenäs
having sole power of representation
born: 23.03.1960
Nationality: danish
Further functions/participations of Lars
Kristinus Larsen
(Manager)
Limited partner:
Dänisches Bettenlager GmbH
& Co.
Kommanditgesellschaft
Stadtweg 2
D 24976 Handewitt
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR
5,150,000.00
contribution:
Share: EUR 5,150,000.00
Registered
on: 31.08.1984
Reg. data: 24937 Flensburg, HRA 2733 FL
Shareholder:
JYSK DBL GmbH
Stadtweg 2
D 24976 Handewitt
Legal form: Private
limited company
Share capital: EUR
10,025,000.00
Share: EUR 10,025,000.00
Registered
on: 23.11.2010
Reg. data: 24937 Flensburg, HRB 8536 FL
Shareholder:
Dänisches Bettenlager GmbH
Stadtweg 2
D 24976 Handewitt
Legal form: Private
limited company
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Registered
on: 12.09.1983
Reg. data: 24937 Flensburg, HRB 1311 FL
Shareholder:
Larsen Ferienhäuser &
Reisen GmbH
Stadtweg 2
D 24976 Handewitt
Legal form: Private
limited company
dissolved
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Registered
on: 04.05.1993
Reg. data: 24937 Flensburg, HRB 2639 FL
Manager:
Dänisches Bettenlager GmbH
Stadtweg 2
D 24976 Handewitt
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 12.09.1983
Reg. data: 24937 Flensburg, HRB 1311 FL
Manager:
JYSK DBL GmbH
Stadtweg 2
D 24976 Handewitt
Legal form: Private
limited company
Share capital: EUR
10,025,000.00
Registered
on: 23.11.2010
Reg. data: 24937 Flensburg, HRB 8536 FL
Manager:
JYSK BW GmbH
Stadtweg 2
D 24976 Handewitt
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 23.11.2010
Reg. data: 24937 Flensburg, HRB 8537 FL
Liquidator:
Larsen Ferienhäuser &
Reisen GmbH
Stadtweg 2
D 24976 Handewitt
Legal form: Private
limited company
dissolved
Share capital: EUR 26,000.00
Registered
on: 04.05.1993
Reg. data: 24937 Flensburg, HRB 2639 FL
Sectors
64200 Activities of holding companies
General partner:
Bettenwelt GmbH & Co.
KG
Stadtweg 2 Ortsteil Weding
D 24976 Handewitt
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 75,000,000.00
contribution:
Reg. data: 15.09.1995
Local court
24937 Flensburg
HRA 3595 FL
Payment
experience: within agreed terms
Negative
information: We have no negative
information at hand.
Balance sheet
year: 2009/2010
Type of
ownership: Tenant
Address Stadtweg
2
D 24976 Handewitt
Land register
documents were not available.
COMMERZBANK,
FLENSBURG
Sort. code:
21540060, BIC: COBADEFF215
SYDBANK FILIALE
FLENSBURG, FLENSBURG
Sort. code:
21510600, BIC: SYBKDE22XXX
Ac/ts
receivable:
EUR 30,996.00
Employees:
350
The aforementioned business figures may partly be estimated information based on average values in the line of business.
Balance sheet ratios 01.09.2009 - 31.08.2010
Equity ratio [%]:
36.58
Liquidity ratio:
10.00
Return on total capital [%]:
-14.74
Balance sheet ratios 01.09.2008 - 31.08.2009
Equity ratio [%]:
53.02
Liquidity ratio:
10.00
Return on total capital [%]:
-21.72
Balance sheet ratios 01.09.2007 - 31.08.2008
Equity ratio [%]:
72.00
Liquidity ratio: 10.00
Return on total capital [%]:
7.00
Balance sheet ratios 01.09.2006 - 31.08.2007
Equity ratio [%]:
74.00
Liquidity ratio:
10.00
Return on total capital [%]:
3.00
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.
Type of balance
sheet: Company
balance sheet
Financial year: 01.09.2009 -
31.08.2010
ASSETS EUR 30,996.62
Current assets EUR 30,996.62
Accounts receivable EUR 30,996.62
Other debtors and assets EUR 30,996.62
LIABILITIES
EUR 30,996.62
Shareholders' equity EUR 28,396.62
Capital EUR 26,000.00
Subscribed capital (share
capital) EUR 26,000.00
Balance sheet profit/loss
(+/-) EUR 2,396.62
Profit / loss brought
forward EUR 3,000.84
Annual surplus / annual
deficit EUR -604.22
Provisions EUR 2,600.00
Type of balance
sheet: Company
balance sheet
Financial year: 01.09.2008 -
31.08.2009
ASSETS
EUR 31,660.46
Outstanding capital EUR 0.00
Outstanding contributions EUR 0.00
Current assets EUR 31,660.46
Accounts receivable EUR 31,660.46
LIABILITIES
EUR 31,660.46
Shareholders' equity EUR 29,000.84
Capital EUR 26,000.00
Subscribed capital (share
capital) EUR 26,000.00
Balance sheet profit/loss
(+/-) EUR 3,000.84
Profit / loss brought
forward EUR 4,230.79
Annual surplus / annual
deficit EUR -1,229.95
Provisions EUR 2,659.62
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.55.73 |
|
UK Pound |
1 |
Rs.87.26 |
|
Euro |
1 |
Rs.69.89 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
|
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NB |
New Business |
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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.