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Report Date : |
21.11.2012 |
IDENTIFICATION DETAILS
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Name : |
RIBA EDELSTAHL HANDELSGESELLSCHAFT MBH |
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|
|
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Registered Office : |
Ziethenstr.
10, D 22041 |
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Country : |
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|
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
01.09.1982 |
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Com. Reg. No.: |
HRB
30162 |
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Legal Form : |
Private limited company |
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Line of Business : |
Wholesale of iron ores, iron, steel
and iron and steel semi-finished goods |
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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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Maximum Credit Limited : |
172,500 EUR |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
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 |
The German economy - the fifth largest economy in the world
in PPP terms and
|
Source : CIA |
Riba Edelstahl
Handelsgesellschaft mbH
Ziethenstr.
10
D 22041
Hamburg
Telephone: 040/6568650
Telefax: 040/65866535
Homepage:
www.riba-edelstahl.de
E-mail: info@riba-edelstahl.de
DE118698669
Business
relations are permissible.
LEGAL
FORM Private limited company
Date of
foundation: 1982
Shareholders'
agreement: 01.09.1982
Registered
on: 07.12.1982
Commercial
Register: Local court
20355 Hamburg
under: HRB
30162
Share
capital:
EUR 500,000.00
Hans-Ulrich
Hribar
Dorotheenstr.
13
D 22301
Hamburg
born: 08.08.1951
Share: EUR 500,000.00
Hans-Ulrich
Hribar
Dorotheenstr.
13
D 22301
Hamburg
having
sole power of representation
born:
08.08.1951
Profession:
Businessman
Sectors
46721 Wholesale of iron ores, iron, steel and iron
and steel semi-finished goods
Payment
experience: within periods customary in
this trade
Negative
information:We have no negative information at hand.
Maximum credit: 172,500 EUR
Type of
ownership: Tenant
Address Ziethenstr. 10
D 22041
Hamburg
Land
register documents were not available.
HAMBURGER
SPARKASSE, HAMBURG
Sort.
code: 20050550, BIC: HASPDEHHXXX
UNICREDIT
BANK - HYPOVEREINSBANK, HAMBURG
Sort.
code: 20030000, BIC: HYVEDEMM300
Turnover: 2011 EUR 6,900,000.00
Profit: 2010 EUR 107,690.00
further
business figures:
Equipment: EUR 161,000.00
Ac/ts
receivable:
EUR 789,484.00
Liabilities: EUR 3,759,068.00
Employees:
23
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 [%]: 29.48
Liquidity
ratio: 0.23
Return
on total capital [%]: 2.07
Balance
sheet ratios 01.01.2009 - 31.12.2009
Equity
ratio [%]: 24.43
Liquidity
ratio: 0.13
Return
on total capital [%]: -0.38
Balance
sheet ratios 01.01.2008 - 31.12.2008
Equity
ratio [%]: 20.00
Liquidity
ratio: 0.14
Balance
sheet ratios 01.01.2007 - 31.12.2007
Equity
ratio [%]: 20.36
Liquidity
ratio: 0.26
Return
on total capital [%]: 4.17
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 5,213,847.54
Fixed
assets EUR 360,065.71
Intangible
assets EUR 295.00
Other /
unspecified intangible assetsEUR
295.00
Tangible
assets EUR 359,770.71
Other /
unspecified tangible assets EUR 359,770.71
Current
assets EUR 4,842,703.03
Stocks EUR 4,018,468.00
Accounts
receivable EUR 789,483.82
Other
debtors and assets EUR 789,483.82
Liquid
means EUR 34,751.21
Remaining
other assets EUR 11,078.80
Accruals
(assets) EUR 11,078.80
LIABILITIES EUR 5,213,847.54
Shareholders'
equity EUR 1,187,357.29
Capital EUR 500,000.00
Subscribed
capital (share capital) EUR 500,000.00
Balance
sheet profit/loss (+/-) EUR 687,357.29
Profit /
loss brought forward EUR 579,667.64
Annual
surplus / annual deficit EUR 107,689.65
Provisions EUR 267,422.38
Liabilities EUR 3,759,067.87
Other
liabilities EUR 3,759,067.87
Unspecified
other liabilities EUR 3,759,067.87
Type of
balance
sheet: Company balance sheet
Financial
year: 01.01.2009 - 31.12.2009
ASSETS EUR 5,848,967.22
Fixed
assets EUR 535,921.00
Intangible
assets EUR 1,682.00
Tangible
assets EUR 334,040.00
Financial
assets EUR 200,199.00
Current
assets EUR 5,297,222.44
Stocks EUR 4,731,353.08
Accounts
receivable EUR 518,428.52
Liquid
means EUR 47,440.84
Remaining
other assets EUR 15,823.78
Accruals
(assets) EUR 15,823.78
LIABILITIES EUR 5,848,967.22
Shareholders'
equity EUR 1,079,667.64
Capital EUR 500,000.00
Subscribed
capital (share capital) EUR 500,000.00
Balance
sheet profit/loss (+/-) EUR 579,667.64
Profit /
loss brought forward EUR 601,784.58
Annual
surplus / annual deficit EUR -22,116.94
Provisions EUR 403,864.00
Liabilities EUR 4,365,435.58
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.91 |
|
|
1 |
Rs.87.38 |
|
Euro |
1 |
Rs.70.23 |
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.