|
Report Date : |
14.09.2012 |
IDENTIFICATION DETAILS
|
Name : |
WILHELM FRICKE
GMBH |
|
|
|
|
|
|
Registered Office : |
Zum Kreuzkamp 7
D 27404 Heeslingen |
|
|
|
|
|
|
Country : |
Germany |
|
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
|
|
Date of Incorporation : |
1923 |
|
|
|
|
|
|
Com. Reg. No.: |
HRB 201443 |
|
|
|
|
|
|
Legal Form : |
Private Limited
Company |
|
|
|
|
|
|
Line of Business : |
Wholesale of
agricultural machinery, equipment and supplies |
|
|
|
|
|
|
No. of Employees : |
1,052 |
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 |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
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 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
GERMANY - ECONOMIC OVERVIEW
The German economy - the
fifth largest economy in the world in PPP terms and Europe's largest - is a
leading exporter of machinery, vehicles, chemicals, and household equipment and
benefits from a highly skilled labor force. Like its Western European
neighbors, Germany faces significant demographic challenges to sustained
long-term growth. Low fertility rates and declining net immigration are
increasing pressure on the country's social welfare system and necessitate
structural reforms. Reforms launched by the government of Chancellor Gerhard
SCHROEDER (1998-2005), deemed necessary to address chronically high
unemployment and low average growth, contributed to strong growth in 2006 and
2007 and falling unemployment. These advances, as well as a government
subsidized, reduced working hour scheme, help explain the relatively modest
increase in unemployment during the 2008-09 recession - the deepest since World
War II - and its decrease to 6.0% in 2011. GDP contracted 5.1% in 2009 but grew
by 3.6% in 2010, and 2.7% in 2011. The recovery was attributable primarily to
rebounding manufacturing orders and exports - increasingly outside the Euro
Zone. Germany's central bank projects that GDP will grow 0.6% in 2012, a
reflection of the worsening euro-zone financial crisis and the financial burden
it places on Germany as well as falling demand for German exports. Domestic
demand is therefore becoming a more significant driver of Germany's economic
expansion. Stimulus and stabilization efforts initiated in 2008 and 2009 and
tax cuts introduced in Chancellor Angela MERKEL's second term increased
Germany's budget deficit to 3.3% in 2010, but slower spending and higher tax
revenues reduce the deficit to 1.7% in 2011, below the EU's 3% limit. A
constitutional amendment approved in 2009 limits the federal government to
structural deficits of no more than 0.35% of GDP per annum as of 2016.
Following the March 2011 Fukushima nuclear disaster, Chancellor Angela Merkel
announced in May 2011 that eight of the country's 17 nuclear reactors would be
shut down immediately and the remaining plants would close by 2022. Germany
hopes to replace nuclear power with renewable energy. Before the shutdown of
the eight reactors, Germany relied on nuclear power for 23% of its energy and
46% of its base-load electrical production.
Source
: CIA
Wilhelm Fricke
GmbH
Company
Status: active
Zum Kreuzkamp 7
D 27404 Heeslingen
Telephone:04281/712-0
Telefax: 04281/712-49
Homepage: www.fricke.de
E-mail: info@fricke.de
DE261604164
52/215/04657
LEGAL FORM Private
limited company
Date of
foundation: 1923
Shareholders'
agreement: 20.08.2008
Registered
on: 08.10.2008
Commercial
Register: Local court 21255 Tostedt
under: HRB
201443
EUR
4,000,000.00
Hans-Peter Fricke Beteiligungsgesellschaft
mbH
Zum Kreuzkamp 20
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 40,000.00
Share: EUR 3,400,000.00
Registered on: 23.09.2008
Reg. data: 21255 Tostedt,
HRB 201431
Shareholder:
Holger Wachholtz
Beteiligungsgesellschaft
mbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 30,000.00
Share: EUR 600,000.00
Registered on: 23.09.2008
Reg. data: 21255 Tostedt,
HRB 201430
Manager:
Hans-Peter Fricke
Zum Kreuzkamp 20
D 27404 Heeslingen
having sole power of representation
born: 16.09.1963
Profession: Management
expert
Manager:
Holger Wachholtz
Am Eichhof 8
D 21228 Harmstorf
having sole power of
representation
born: 19.04.1962
Profession: Businessman
Marital status: unknown
Proxy:
Wilhelm Fricke
Hedstr. 6
D 27404 Heeslingen
having sole power of
representation
born: 30.07.1929
Profession: Businessman
Marital status: married
Proxy:
Klaus Niemeier
Hauptstr. 43
D 58706 Menden
authorized to jointly
represent the company
born: 04.05.1964
Profession: Fully
qualified management
expert
Proxy:
Heinz Gartelmann
D 28879 Grasberg
authorized to jointly
represent the company
born: 22.02.1965
Proxy:
Volker Mahnken
D 27404 Elsdorf
authorized to jointly
represent the company
born: 09.04.1964
Proxy:
Thomas Niemczyk
D 27472 Cuxhaven
authorized to jointly represent
the company
born: 12.01.1978
Proxy:
Lars Druske
Gartenstr. 11
D 27404 Rhade
authorized to jointly
represent the company
born: 28.08.1977
Proxy:
Heino Bellmann
D 27404 Zeven
authorized to jointly
represent the company
born: 16.04.1954
Proxy:
Hartmut Klindworth
D 54636 Wiersdorf
authorized to jointly
represent the company
born: 29.05.1964
Proxy:
Johann Schlüter
D 27432 Bremervörde
authorized to jointly
represent the company
born: 21.12.1958
Proxy:
Thorsten Kayser
D 28195 Bremen
authorized to jointly
represent the company
born: 28.07.1962
Proxy:
Jens Haar
D 27404 Rhade
authorized to jointly
represent the company
born: 24.06.1981
Proxy:
Thomas Tietje
D 27726 Worpswede
authorized to jointly represent the
company
born: 27.02.1966
FURTHER FUNCTIONS/PARTICIPATIONS OF HANS-PETER
FRICKE (MANAGER)
Limited partner:
Bohmsiel GmbH & Co.KG
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 260,000.00
contribution:
Share: EUR 177,500.00
Registered
on: 04.10.2001
Reg. data: 21255 Tostedt, HRA 120270
Limited partner:
Deutsche Mobilien Leasing
GmbH & Co. KG
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 120,000.00
contribution:
Share: EUR 80,000.00
Registered
on: 25.06.1999
Reg. data: 21255 Tostedt, HRA 120219
Limited partner:
Fricke Tobaben GmbH &
Co.
Weißenfelder Str. 2
D 21698 Harsefeld
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Total cap. EUR 51,129.19
contribution:
Share: EUR 51,129.19
Registered
on:
27.11.1972
Reg. data: 21255 Tostedt, HRA 120381
Limited partner:
Heeslinger Grundstücks
GmbH & Co. KG
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Ltd partnership with priv. ltd.
company as
general partner
Total cap. EUR 50,000.00
contribution:
Share: EUR 42,500.00
Registered
on: 22.11.2001
Reg. data: 21255 Tostedt, HRA 120274
Limited partner:
Fricke Landmaschinen GmbH
& Co. KG
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 30,000.00
contribution:
Share: EUR 30,000.00
Registered
on: 07.10.2008
Reg. data: 21255 Tostedt, HRA 201132
Shareholder:
Hans-Peter Fricke
Beteiligungsgesellschaft
mbH
Zum Kreuzkamp 20
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 40,000.00
Share: EUR 40,000.00
Registered
on: 23.09.2008
Reg. data: 21255 Tostedt, HRB 201431
Shareholder:
Fricke Tobaben GmbH
Weißenfelder Str. 2
D 21698 Harsefeld
Legal form: Private
limited company
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Registered
on: 18.02.1972
Reg. data: 21255 Tostedt, HRB 100013
Shareholder:
GRANIT PARTS Verwaltungs
GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 02.02.2006
Reg. data: 21255 Tostedt, HRB 200206
Shareholder:
A1 Immobilien
Verwaltungsgesellschaft mbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 21,250.00
Registered
on: 18.12.2008
Reg. data: 21255 Tostedt, HRB 201520
Shareholder:
Heeslinger Verwaltungs
GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private limited
company
Share capital: EUR 25,000.00
Share: EUR 21,250.00
Registered
on: 19.11.2001
Reg. data: 21255 Tostedt, HRB 120416
Shareholder:
Deutsche Mobilien Leasing
Verwaltungsgesellschaft
mbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private limited
company
Share capital: EUR 27,000.00
Share: EUR 18,000.00
Registered
on: 25.06.1999
Reg. data: 21255 Tostedt, HRB 120337
Manager:
Fricke Tobaben GmbH
Weißenfelder Str. 2
D 21698 Harsefeld
Legal form: Private
limited company
Share capital: EUR
25,564.59
Registered
on: 18.02.1972
Reg. data: 21255 Tostedt, HRB 100013
Manager:
GRANIT PARTS AGRITEC
GRIESSER GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 380,000.00
Registered
on: 27.10.1976
Reg. data:
21255 Tostedt, HRB 120028
Manager:
Fricke Landtechnik GmbH
Klänhammer-Weg 2
D 17109 Demmin
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Registered
on: 31.05.1991
Reg. data: 17033 Neubrandenburg, HRB 3729
Manager:
Pomerania & Fricke
GmbH
Warksow 10a
D 18574 Gustow
Legal form: Private
limited company
dissolved
Share capital: EUR 35,000.00
Registered
on: 15.01.1992
Reg. data: 18439 Stralsund, HRB 825
Manager:
A1 Immobilien
Verwaltungsgesellschaft mbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 18.12.2008
Reg. data: 21255 Tostedt, HRB 201520
Manager:
Fricke Vertriebs GmbH
Klänhammer-Weg 1
D 17109 Demmin
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 12.12.2008
Reg. data: 18439 Stralsund, HRB 6991
Manager:
GRANIT PARTS Holding GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private limited company
Share capital: EUR 686,000.00
Registered
on: 03.03.2006
Reg. data: 21255 Tostedt, HRB 200253
Manager:
Deutsche Mobilien Leasing
Verwaltungsgesellschaft
mbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 27,000.00
Registered
on: 25.06.1999
Reg. data: 21255 Tostedt, HRB 120337
Manager:
Heeslinger Verwaltungs
GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 19.11.2001
Reg. data: 21255 Tostedt, HRB 120416
Manager:
Bohmsiel Verwaltungs GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 26.09.2001
Reg. data: 21255 Tostedt, HRB 120411
Manager:
GRANIT PARTS Verwaltungs
GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 02.02.2006
Reg. data: 21255 Tostedt, HRB 200206
Manager:
Hans-Peter Fricke
Beteiligungsgesellschaft
mbH
Zum Kreuzkamp 20
D 27404 Heeslingen
Legal form: Private limited
company
Share capital: EUR 40,000.00
Registered
on: 23.09.2008
Reg. data: 21255 Tostedt, HRB 201431
FURTHER FUNCTIONS/PARTICIPATIONS OF HOLGER
WACHHOLTZ (MANAGER)
Limited partner:
Deutsche Mobilien Leasing
GmbH & Co. KG
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Ltd partnership
with priv. ltd.
company as
general partner
Total cap. EUR 120,000.00
contribution:
Share: EUR 40,000.00
Registered
on: 25.06.1999
Reg. data: 21255 Tostedt, HRA 120219
Limited partner:
Bohmsiel GmbH & Co.KG
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 260,000.00
contribution:
Share: EUR 32,500.00
Registered
on: 04.10.2001
Reg. data: 21255 Tostedt, HRA 120270
Limited partner:
Heeslinger Grundstücks
GmbH & Co. KG
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 50,000.00
contribution:
Share: EUR 7,500.00
Registered
on: 22.11.2001
Reg. data: 21255 Tostedt, HRA 120274
Shareholder:
Holger Wachholtz
Beteiligungsgesellschaft
mbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 30,000.00
Share: EUR 30,000.00
Registered
on: 23.09.2008
Reg. data: 21255 Tostedt, HRB 201430
Shareholder:
Deutsche Mobilien Leasing
Verwaltungsgesellschaft
mbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 27,000.00
Share: EUR 9,000.00
Registered
on: 25.06.1999
Reg. data: 21255 Tostedt, HRB 120337
Shareholder:
A1 Immobilien
Verwaltungsgesellschaft mbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 3,750.00
Registered
on: 18.12.2008
Reg. data: 21255 Tostedt, HRB 201520
Shareholder:
Heeslinger Verwaltungs
GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 3,750.00
Registered
on: 19.11.2001
Reg. data: 21255 Tostedt, HRB 120416
Manager:
GRANIT PARTS AGRITEC
GRIESSER GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 380,000.00
Registered
on: 27.10.1976
Reg. data:
21255 Tostedt, HRB 120028
Manager:
MMG Motoristen Marketing
GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
dissolved by official decree
Share capital: EUR 51,129.19
Registered
on: 26.07.1995
Reg. data: 21255 Tostedt, HRB 120242
Manager:
A1 Immobilien
Verwaltungsgesellschaft mbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 18.12.2008
Reg. data: 21255 Tostedt, HRB 201520
Manager:
GRANIT PARTS Holding GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 686,000.00
Registered
on: 03.03.2006
Reg. data: 21255 Tostedt, HRB 200253
Manager:
Deutsche Mobilien Leasing
Verwaltungsgesellschaft
mbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 27,000.00
Registered
on: 25.06.1999
Reg. data: 21255 Tostedt, HRB 120337
Manager:
Heeslinger Verwaltungs
GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 19.11.2001
Reg. data: 21255 Tostedt, HRB 120416
Manager:
Bohmsiel Verwaltungs GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private limited
company
Share capital: EUR 25,000.00
Registered
on: 26.09.2001
Reg. data: 21255 Tostedt, HRB 120411
Manager:
GRANIT PARTS Verwaltungs
GmbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 02.02.2006
Reg. data: 21255 Tostedt, HRB 200206
Manager:
Holger Wachholtz
Beteiligungsgesellschaft
mbH
Zum Kreuzkamp 7
D 27404 Heeslingen
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 23.09.2008
Reg. data: 21255 Tostedt, HRB 201430
1923 -
31.01.1977 Dietrich Ficken
D 27404 Heeslingen
Unregistered
commercial enterprise
01.02.1977 -
07.10.2008 Wilhelm Fricke GmbH & Co.
KG (AG
Tostedt, HRA 120020)
Zum Kreuzkamp 7
D 27404 Heeslingen
Ltd partnership with
priv. ltd. company
as general partner
Sectors
33120 Repair of machinery
4519 Sale of other motor vehicles
46610 Wholesale of agricultural machinery,
equipment and supplies
Branch:
Wilhelm Fricke GmbH
Seeborg 11
D 27572 Bremerhaven
TEL.: 0471/71091
FAX.: 0471/76378
Branch:
Wilhelm Fricke GmbH
Dieselstr. 1
D 21423 Winsen
TEL.: 04171/88670
FAX.: 04171/886720
Branch:
Wilhelm Fricke GmbH
Bremervörder Str. 57
D 21769 Lamstedt
TEL.: 04773/8937-0
FAX.: 04773/8937-20
Branch:
Wilhelm Fricke GmbH
Annenheider Str. 251
D 27755 Delmenhorst
TEL.: 04221/802095
FAX.: 04221/802096
Branch:
Wilhelm Fricke GmbH
Wanderuper Str. 16a
D 24963 Tarp
TEL.: 04638/8942-0
FAX.: 04638/898658
Shareholder:
Carus GmbH
Pommerstr. 22
D 71394 Kernen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg. data: 14.05.2012
Local court
70190 Stuttgart
HRB 741251
Payment
experience: within agreed terms
Negative
information:We have no negative information at hand.
Balance sheet
year: 2009
Type of
ownership: proprietor
Share: 100.00 %
Address Zum Kreuzkamp 7
D 27404 Heeslingen
Type of real
estate: works
Size: 7,000.00 sq.m
Type of
ownership: Tenant
Address Zum Kreuzkamp 20
D 27404 Heeslingen
Real Estate
of: Hans-Peter Fricke
Type of
ownership: unknown
Address Zum Kreuzkamp 20
D 27404 Heeslingen
Real Estate
of: Holger Wachholtz
Type of
ownership: unknown
Address Lange Str. 7
D 21255 Kakenstorf
Land register
documents were not available.
COMMERZBANK
VORMALS BREMER BANK (DRESDNER BANK), BREMEN
Sort. code:
29080010, Account no.: 551199900, BIC: DRESDEFF290
SPARKASSE
ROTENBURG-BREMERVÖRDE, ZEVEN
Sort. code:
24151235, Account no.: 400747, BIC: BRLADE21ROB
UNICREDIT BANK -
HYPOVEREINSBANK, HAMBURG
Sort. code:
20030000, Account no.: 57032300, BIC: HYVEDEMM300
ZEVENER VOLKSBANK,
HEESLINGEN
Sort. code:
24161594, Account no.: 5110169600, BIC: GENODEF1SIT
Turnover: 2010 EUR 326,700,000.00
2011 EUR 391,100,000.00
further business
figures:
Equipment: EUR 1,613,337.00
Ac/ts
receivable:
EUR 7,264,761.00
Liabilities: EUR 20,902,923.00
Total numbers of
vehicles:
43
- Lorries:
8
- Passenger
cars:
35
Employees:
1,052
- Trainees:
64
Balance sheet
ratios 01.01.2009 - 31.12.2009
Equity ratio
[%]: 61.54
Liquidity
ratio: 0.37
Return on total
capital [%]: 18.18
Balance sheet grade: 1.5
Balance sheet
ratios 01.01.2008 - 31.12.2008
Equity ratio
[%]: 42.73
Liquidity
ratio: 0.38
Return on total
capital [%]: 15.91
Balance sheet
grade: 2.0
Balance sheet
ratios 01.01.2007 - 31.12.2007
Equity ratio
[%]: 36.06
Liquidity
ratio: 0.49
Return on total
capital [%]: 19.39
Balance sheet
grade: 2.0
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: 01.01.2009 - 31.12.2009
ASSETS EUR 59,648,606.39
Fixed assets EUR 4,439,614.38
Intangible assets EUR 446,292.51
Concessions, licences, rights EUR 446,292.51
Tangible assets EUR 3,910,766.03
Land / similar rights EUR 1,803,809.61
Plant / machinery EUR 439,619.20
Other tangible assets / fixtures and
fittings EUR 1,613,337.22
Advance payments made / construction
in progress EUR 54,000.00
Financial assets EUR 82,555.84
Shares in participations /
subsidiaries and the like EUR 77,630.18
Shares in related companies EUR 30,000.00
Shares in investee companies EUR 47,630.18
Other loans EUR 4,925.66
Current assets EUR 54,865,423.17
Stocks EUR 47,269,585.63
Raw materials, consumables and
supplies EUR 5,000.00
Finished goods / work in progress EUR
47,338,771.27
Advance payments made EUR 174,857.80
Minus received advance payments for
orders / installments for stocks EUR -249,043.44
Accounts receivable EUR 7,264,761.21
Trade debtors EUR
6,671,147.36
Other debtors and assets EUR 593,613.85
Liquid means EUR 331,076.33
Remaining other assets EUR 343,568.84
Accruals (assets) EUR 343,568.84
LIABILITIES EUR 59,648,606.39
Shareholders' equity EUR 35,833,457.35
Capital EUR 4,000,000.00
Subscribed capital (share capital) EUR
4,000,000.00
Reserves EUR 6,000,000.00
Capital reserves EUR 6,000,000.00
Balance sheet profit/loss (+/-) EUR 20,833,457.35
Profit / loss brought forward EUR 10,028,471.14
Annual surplus / annual deficit EUR 10,804,986.21
Other shareholders' equity (+/-) EUR 5,000,000.00
Other / unspecified part of the
shareholders' equity EUR
5,000,000.00
Provisions EUR 2,890,475.20
Pension provisions and comparable
provisions EUR 251,801.00
Provisions for taxes EUR 1,072,379.20
Other / unspecified provisions EUR 1,566,295.00
Liabilities EUR 20,902,923.84
Financial debts EUR 7,329,924.31
Liabilities due to banks EUR 7,329,924.31
Other liabilities EUR 13,572,999.53
Trade creditors (for IAS incl. bills
of exchange) EUR 8,668,137.11
Notes payable EUR 716,621.24
Liabilities due to shareholders EUR 960,580.04
Unspecified other liabilities EUR 3,227,661.14
thereof liabilities from tax /
financial authorities EUR 553,266.87
thereof liabilities from social
security EUR 68,112.24
Other liabilities EUR 21,750.00
Deferrals (liabilities) EUR 21,750.00
PROFIT AND LOSS
ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 215,574,880.13
Other operating income EUR 2,581,764.98
Cost of materials EUR 146,268,891.15
Raw materials and supplies, purchased
goods EUR 146,268,891.15
Gross result (+/-) EUR 71,887,753.96
Staff expenses EUR 21,370,371.36
Wages and salaries EUR 18,044,930.78
Social security contributions and
expenses for pension plans and
benefits EUR 3,325,440.58
Total depreciation EUR 1,003,612.42
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 1,003,612.42
Other operating expenses EUR 32,669,460.66
Operating result from continuing
operations EUR 16,844,309.52
Result from participating interests
(+/-) EUR 17,923.85
Expenses / income from participations
EUR 17,923.85
Income from related companies EUR 17,923.85
Interest result (+/-) EUR -1,047,274.11
Interest and similar income EUR 87,253.78
Interest and similar expenses EUR 1,134,527.89
Other financial result EUR -475,000.00
Other financial expenses EUR 475,000.00
Financial result (+/-) EUR -1,504,350.26
Result from ordinary operations (+/-) EUR
15,339,959.26
Income tax / refund of income tax
(+/-)EUR -4,530,698.55
Other taxes / refund of taxes EUR -4,274.50
Tax (+/-) EUR -4,534,973.05
Annual surplus / annual deficit EUR 10,804,986.21
Type of balance
sheet: Company balance sheet
Financial
year: 01.01.2008 - 31.12.2008
ASSETS EUR 63,147,523.03
Fixed assets EUR 4,032,971.04
Intangible assets EUR 261,195.51
Concessions, licences, rights EUR 261,195.51
Tangible assets EUR 3,726,849.87
Land / similar rights EUR 1,512,541.59
Plant / machinery EUR 697,274.71
Other tangible assets / fixtures and
fittings EUR 1,175,653.98
Advance payments made / construction
in progress EUR 341,379.59
Financial assets EUR 44,925.66
Shares in participations /
subsidiaries and the like EUR 40,000.00
Shares in related companies EUR 30,000.00
Shares in investee companies EUR 10,000.00
Other loans EUR 4,925.66
Current assets EUR 59,007,361.14
Stocks EUR 46,346,683.98
Raw materials, consumables and
supplies
EUR 5,000.00
Finished goods / work in progress EUR
45,999,426.36
Advance payments made EUR 1,196,745.69
Minus received advance payments for
orders / installments for stocks EUR -854,488.07
Accounts receivable EUR 12,563,763.11
Trade debtors EUR 11,552,630.37
Other debtors and assets EUR 1,011,132.74
Liquid means EUR 96,914.05
Remaining other assets EUR 107,190.85
Accruals (assets) EUR 107,190.85
LIABILITIES EUR 63,147,523.03
Shareholders' equity EUR 25,028,471.14
Capital EUR 4,000,000.00
Subscribed capital (share capital) EUR
4,000,000.00
Reserves EUR 6,000,000.00
Capital reserves EUR 6,000,000.00
Balance sheet profit/loss (+/-) EUR 10,028,471.14
Annual surplus / annual deficit EUR 10,028,471.14
Other shareholders' equity (+/-) EUR 5,000,000.00
Other / unspecified part of the
shareholders' equity EUR 5,000,000.00
Provisions EUR 2,506,063.02
Pension provisions and comparable
provisions EUR 263,375.00
Provisions for taxes EUR 886,827.00
Other / unspecified provisions EUR 1,355,861.02
Liabilities EUR 35,587,096.01
Financial debts EUR 15,040,952.53
Liabilities due to banks EUR 15,040,952.53
Other liabilities EUR 20,546,143.48
Trade creditors (for IAS incl. bills
of exchange) EUR 10,035,624.22
Notes payable EUR 325,457.61
Liabilities due to shareholders EUR 2,030,000.00
Liabililties due to related
companiesEUR 41,137.20
Unspecified other liabilities EUR 8,113,924.45
thereof liabilities from tax /
financial authorities EUR 1,443,294.52
thereof liabilities from social
security EUR 2,319.51
Other liabilities EUR 25,892.86
Deferrals (liabilities) EUR 25,892.86
Guarantees and other commitments EUR 500,000.00
Guarantees / warranties EUR 500,000.00
Guarantees EUR 500,000.00
PROFIT AND LOSS
ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 235,671,833.18
Other operating income EUR 1,822,585.01
Cost of materials EUR 171,069,538.36
Raw materials and supplies, purchased
goods EUR 171,069,375.76
Purchased services EUR 162.60
Gross result (+/-) EUR
66,424,879.83
Staff expenses EUR 19,858,627.34
Wages and salaries EUR 16,792,001.30
Social security contributions and
expenses for pension plans and
benefits EUR 3,066,626.04
Total depreciation EUR 911,758.95
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 911,758.95
Other operating expenses EUR 30,149,632.96
Operating result from continuing
operations EUR 15,504,860.58
Interest result (+/-) EUR -1,006,495.84
Interest and similar income EUR 405,173.57
Interest and similar expenses EUR 1,411,669.41
Other financial result EUR -475,000.00
Other financial expenses EUR 475,000.00
Financial result (+/-) EUR -1,481,495.84
Result from ordinary operations (+/-) EUR
14,023,364.74
Income tax / refund of income tax
(+/-)EUR -3,992,330.82
Other taxes / refund of taxes EUR -2,562.78
Tax (+/-)
EUR -3,994,893.60
Annual surplus / annual deficit EUR 10,028,471.14
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.44 |
|
|
1 |
Rs.89.31 |
|
Euro |
1 |
Rs.71.61 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.