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Report Date : |
04.04.2013 |
IDENTIFICATION DETAILS
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Name : |
4 D ELECTRONIC GMBH |
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Registered Office : |
Carl-Zeiss-Ring 7a, D 85737 Ismaning |
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Country : |
Germany |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
08.08.2002 |
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Com. Reg. No.: |
HRB 201725 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacturer of other electric
equipment |
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No. of Employees : |
07 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 : |
Usually Correct |
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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
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Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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Germany |
A1 |
A1 |
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Risk Category |
ECGC Classification |
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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 |
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.
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Source : CIA |
Important Note:
Your
inquiry: 4D Electronic Gmbh, Landwehrstr. 17, D 63667 Nidda. The subject of
your inquiry is a branch. We are reporting on the headquarters.
4 D electronic GmbH
Carl-Zeiss-Ring 7a
D 85737 Ismaning
Telephone: 08168/9972-13
Homepage: www.4d-electronic.de
E-mail:
info@4d-electronic.de
DE224660814
active
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 08.08.2002
Shareholders'
agreement: 08.08.2002
Registered on: 05.11.2012
Commercial Register: Local court 80333 München
under: HRB
201725
Share capital: EUR 250,000.00
Tünde Schwitzgöbel
Altenburgring 20
D 63691 Ranstadt
born: 23.05.1980
née: Meszarosova
Share: EUR 237,500.00
Shareholder:
Frank Schwitzgöbel
Burgring 20
D 63667 Nidda
born: 22.11.1972
Share: EUR 12,500.00
Frank Schwitzgöbel
Burgring 20
D 63667 Nidda
having sole power of representation
born: 22.11.1972
Further functions/participations
of Frank Schwitzgöbel (Manager)
Shareholder:
Armin's Autoteile
Vertriebsgesellschaft für
Autoteile, Tuning und
Zubehör m.b.H.
Katzenauer Str. 10
D 63691 Ranstadt
Legal form: Private
limited company
Share capital: EUR 26,000.00
Share: EUR 10,400.00
Registered
on: 27.08.2003
Reg. data: 61169 Friedberg, HRB 5790
Manager:
Armin's Autoteile
Vertriebsgesellschaft für
Autoteile, Tuning und
Zubehör m.b.H.
Katzenauer Str. 10
D 63691 Ranstadt
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 27.08.2003
Reg. data: 61169 Friedberg, HRB 5790
10.09.2004 - 15.09.2004 4 D electronic GmbH AG München HRB
144203
Marchenbacher Str. 8b
D 85406 Zolling
Private limited
company
15.09.2004 - 25.03.2007 4 D electronic GmbH
Gewerbestr. 64/1
D 75015 Bretten
Private limited
company
26.03.2007 - 25.01.2010 4 D electronic GmbH
Gewerbestr. 83
D 75015 Bretten
Private limited
company
25.01.2010 - 27.06.2012 4 D electronic GmbH
Konrad-Adenauer-Str.
26a
D 61191 Rosbach
Private limited
company
27.06.2012 - 05.11.2012 4 D electronic GmbH (AG Friedberg
(Hessen), HRB 6949)
D 63667 Nidda
Private limited
company
Main industrial
sector
·
2790
Manufacture of other electric equipment n.e.c.
·
46149 Agents involved in the sale of
electrotechnical and electronical products n.e.c.
Works:
4 D electronic GmbH
Beethovenstr. 16
D 51643 Gummersbach
Branch:
4 D electronic GmbH
Marchenbacher Str. 8b
D 85406 Zolling
TEL.: 08168/9972-0
Branch:
4 D electronic GmbH
Dorfwiesenstr. 50
D 75417 Mühlacker
Branch:
4 D electronic GmbH
Landwehrstr. 17
D 63667 Nidda
TEL.: 06043/4056-26
FAX.: 06043/4056-23
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2011
Type of ownership: Tenant
Address Carl-Zeiss-Ring
7a
D 85737 Ismaning
Land register documents were not available.
FREISINGER BANK VOLKSBANK-RAIFFEISENBANK,
FREISING, OBERBAY
Sort. code: 70169614, BIC: GENODEF1FSR
Profit: 2011 EUR 105,948.00
Ac/ts receivable: EUR 255,196.00
Liabilities: EUR 396,420.00
Total numbers of vehicles: 1
-
Passenger cars:
1
Employees: 7
The aforementioned business figures may
partly be estimated information based on average values in the line of
business.
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 36.61
Liquidity ratio: 0.61
Return on total capital [%]: 13.15
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 21.58
Liquidity ratio: 0.55
Return on total capital [%]: 9.34
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 14.32
Liquidity ratio: 0.27
Return on total capital [%]: 3.54
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 11.83
Liquidity ratio: 0.20
Return on total capital [%]: -0.52
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: 01.01.2011 - 31.12.2011
ASSETS EUR 833,697.80
Fixed assets
EUR 22,721.59
Intangible assets
EUR 4.00
Other / unspecified intangible assetsEUR 4.00
Tangible assets
EUR 22,717.59
Other / unspecified tangible assets
EUR 22,717.59
Current assets
EUR 810,976.21
Stocks
EUR 534,638.88
Accounts receivable
EUR 255,195.84
Other debtors and assets
EUR 255,195.84
Liquid means EUR 21,141.49
LIABILITIES EUR 833,697.80
Shareholders' equity
EUR 322,970.42
Capital
EUR 250,000.00
Subscribed
capital (share capital) EUR 250,000.00
Reserves
EUR -143,062.56
Capital reserves
EUR -143,062.56
Balance sheet profit/loss (+/-)
EUR 216,032.98
Profit / loss brought forward
EUR 110,084.78
Annual surplus / annual deficit
EUR 105,948.20
Provisions
EUR 114,307.03
Liabilities
EUR 396,420.35
Other liabilities
EUR 396,420.35
Unspecified other liabilities
EUR 396,420.35
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 1,052,044.08
Fixed assets
EUR 42,439.50
Intangible assets
EUR 3.00
Other / unspecified intangible assetsEUR 3.00
Tangible assets
EUR 42,436.50
Other / unspecified tangible assets
EUR 42,436.50
Current assets
EUR 1,009,604.58
Stocks EUR 541,560.21
Accounts receivable
EUR 423,351.59
Other debtors and assets
EUR 423,351.59
Liquid means
EUR 44,692.78
LIABILITIES EUR 1,052,044.08
Shareholders' equity
EUR 217,022.22
Capital
EUR 250,000.00
Subscribed capital (share capital)
EUR 250,000.00
Reserves
EUR -143,062.56
Capital reserves
EUR -143,062.56
Balance sheet profit/loss (+/-)
EUR 110,084.78
Profit / loss brought forward
EUR 11,798.04
Annual surplus / annual deficit
EUR 98,286.74
Provisions
EUR 16,444.53
Liabilities
EUR 818,577.33
Other liabilities
EUR 818,577.33
Unspecified other liabilities
EUR 818,577.33
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.39 |
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UK Pound |
1 |
Rs.82.05 |
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Euro |
1 |
Rs.69.59 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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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 |
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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.