|
Report Date : |
19.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
TRELLEBORG SEALING SOLUTIONS GERMANY GMBH |
|
|
|
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Registered Office : |
Handwerkstrasse 5-7 Stuttgart, 70565 |
|
|
|
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Country : |
Germany |
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|
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
27.05.1969 |
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Com. Reg. No.: |
21275 |
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Legal Form : |
Private Subsidiary |
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|
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Line of Business : |
Manufacture of other rubber products |
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No. of Employees : |
450 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow but correct |
|
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 (31.03.2011) |
Current Rating (30.06.2012) |
|
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 6.5% in 2012. GDP contracted
5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7%
in 2012 - a reflection of low investment spending due to crisis-induced
uncertainty and the decreased demand for German exports from recession-stricken
periphery countries. Stimulus and stabilization efforts initiated in 2008 and
2009 and tax cuts introduced in Chancellor Angela MERKEL's second term
increased Germany's total budget deficit - including federal, state, and
municipal - to 4.1% in 2010, but slower spending and higher tax revenues
reduced the deficit to 0.8% in 2011. In 2012 Germany reached a budget surplus
of 0.1%. 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 though the target was already reached in 2012. By 2014, the federal
government wants to balance its budget. 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 electricity generating capacity and 46%
of its base-load electricity production.
Source
: CIA
Trelleborg Sealing
Solutions Germany GmbH
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Business
Description
|
Trelleborg Sealing Solutions is part of the Trelleborg Group of
companies. Trelleborg Sealing Solutions, founded in the early 1950s, is a worldwide
leading supplier of high-quality products and solutions for aerospace,
automotive and industrial sealing and bearing systems. Its core activities
are focused on providing the best sealing and bearing solutions for the
following areas: automotive, aerospace, mechanical engineering, stationary
hydraulics, mobile hydraulics, pneumatics, fluid power engineering and
electrical engineering, the chemical industry, process engineering, the food
and pharmaceutical industries, semiconductor/chip manufacturing, oil and gas
equipment, sanitary and heating technology and medical engineering. Its
product portfolio includes: piston seals, rod seals, PTFE seals, metal
O-Rings, metal C-Rings, oil seals, grease seals, cylinder seals, hydraulic
seals, pneumatic seals, radial seals, lip seals, hydraulic bearings, wear
rings, O-Rings, backup rings, t-seals, rod seals, piston seals, marine
bearings, hydro bearings, industrial bearings, axial shaft seals, hydraulic
scrapers, hydraulic wipers, spring-energized seals, spring-energized PTFE
seals, PTFE rotary shaft seals, diaphragms, gaskets, V-Rings and almost every
type of seal or bearing, all manufactured from a complete line of proprietary
material formulations. Trelleborg Sealing Solutions, and the companies in the
Trelleborg Group, also specialize in custom seals, custom diaphragms and
custom bearings manufactured from its extensive line of proprietary
materials. |
Industry
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Industry |
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ANZSIC 2006: |
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NACE 2002: |
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NAICS 2002: |
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UK SIC 2003: |
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UK SIC 2007: |
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US SIC 1987: |
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Key Executives
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1 - Profit & Loss
Item Exchange Rate: USD 1 = EUR 0.7191895
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.770327
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Trelleborg Sealing
Solutions Germany GmbH |
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|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Trelleborg |
Sweden |
Chemical Manufacturing |
3,138.2 |
19,716 |
|
|
Holding |
Copenhagen |
Denmark |
Fabricated Plastic and Rubber |
0.0 |
5,806 |
|
|
Subsidiary |
Stuttgart, Baden-Württemberg |
Germany |
Fabricated Plastic and Rubber |
445.1 |
450 |
|
|
Subsidiary |
Livorno |
Italy |
Fabricated Plastic and Rubber |
76.4 |
258 |
|
|
Subsidiary |
Solihull |
United Kingdom |
Fabricated Plastic and Rubber |
|
115 |
|
|
Subsidiary |
Aurora, OH |
United States |
Fabricated Plastic and Rubber |
13.0 |
100 |
|
|
Subsidiary |
Tokyo |
Japan |
Fabricated Plastic and Rubber |
|
80 |
|
|
Subsidiary |
Maisons-Laffitte |
France |
Miscellaneous Fabricated Products |
51.2 |
57 |
|
|
Subsidiary |
Barendrecht |
Netherlands |
Fabricated Plastic and Rubber |
19.0 |
25 |
|
|
Subsidiary |
Lausanne |
Switzerland |
Fabricated Plastic and Rubber |
|
23 |
|
|
Subsidiary |
Vienna |
Austria |
Fabricated Plastic and Rubber |
10.3 |
20 |
|
|
Subsidiary |
Sofia |
Bulgaria |
Fabricated Plastic and Rubber |
|
20 |
|
|
Subsidiary |
Oslo |
Norway |
Fabricated Plastic and Rubber |
9.4 |
16 |
|
|
Subsidiary |
Dion-Valmont |
Belgium |
Fabricated Plastic and Rubber |
22.8 |
13 |
|
|
Subsidiary |
Las Rozas De Madrid, Madrid |
Spain |
Fabricated Plastic and Rubber |
15.7 |
13 |
|
|
Subsidiary |
Rakovnik |
Czech Republic |
Fabricated Plastic and Rubber |
|
12 |
|
|
Subsidiary |
Copenhagen |
Denmark |
Fabricated Plastic and Rubber |
|
12 |
|
|
Subsidiary |
Kowloon |
Hong Kong |
Fabricated Plastic and Rubber |
|
|
|
|
Holding |
Trelleborg |
Sweden |
Fabricated Plastic and Rubber |
6.8 |
3,204 |
|
|
Subsidiary |
Izarra, Alava |
Spain |
Tires |
|
600 |
|
|
Subsidiary |
Clermont Ferrand |
France |
Fabricated Plastic and Rubber |
187.1 |
558 |
|
|
Subsidiary |
Varnamo |
Sweden |
Tires |
|
500 |
|
|
Subsidiary |
Trelleborg |
Sweden |
Fabricated Plastic and Rubber |
120.5 |
352 |
|
|
Subsidiary |
Krokstadelva |
Norway |
Fabricated Plastic and Rubber |
48.3 |
233 |
|
|
Subsidiary |
Värnamo |
Sweden |
Chemicals - Plastics and Rubber |
54.9 |
169 |
|
|
Subsidiary |
Ridderkerk |
Netherlands |
Tires |
|
110 |
|
|
Subsidiary |
Trelleborg |
Sweden |
Apparel and Accessories |
9.5 |
100 |
|
|
Subsidiary |
Hull |
United Kingdom |
Tires |
|
50 |
|
|
Subsidiary |
Oslo |
Norway |
Tires |
17.3 |
20 |
|
|
Subsidiary |
Izarra, Alava |
Spain |
Tires |
|
100 |
|
|
Subsidiary |
Mosbach |
Germany |
Tires |
|
100 |
|
|
Subsidiary |
Sutton Coldfield |
United Kingdom |
Tires |
|
80 |
|
|
Subsidiary |
Ede |
Netherlands |
Engineering Consultants |
|
60 |
|
|
Subsidiary |
Clear Brook, VA |
United States |
Engineering Consultants |
15.0 |
50 |
|
|
Division |
Clear Brook, VA |
United States |
Miscellaneous Transportation |
5.5 |
3 |
|
|
Subsidiary |
Evergem |
Belgium |
Fabricated Plastic and Rubber |
|
50 |
|
|
Subsidiary |
Knaresborough |
United Kingdom |
Fabricated Plastic and Rubber |
|
45 |
|
|
Subsidiary |
Bloomfield, MI |
United States |
Engineering Consultants |
|
22 |
|
|
Subsidiary |
Mosbach |
Germany |
Tires |
|
20 |
|
|
Subsidiary |
Madrid |
Spain |
Tires |
|
7 |
|
|
Subsidiary |
Spartanburg, SC |
United States |
Textiles - Non Apparel |
150.0 |
2,500 |
|
|
Branch |
Rutherfordton, NC |
United States |
Textiles - Non Apparel |
1.6 |
260 |
|
|
Subsidiary |
Lodi Vecchio |
Italy |
Textiles - Non Apparel |
|
250 |
|
|
Subsidiary |
Rutherfordton, NC |
United States |
Chemicals - Plastics and Rubber |
|
220 |
|
|
Subsidiary |
Spartanburg, SC |
United States |
Business Services |
|
100 |
|
|
Branch |
Morristown, TN |
United States |
Textiles - Non Apparel |
1.5 |
6 |
|
|
Holding |
Trelleborg |
Sweden |
Tires |
|
2,064 |
|
|
Subsidiary |
Kelaniya, LK |
Sri Lanka |
Tires |
|
900 |
|
|
Subsidiary |
Walgama, Malwana |
Sri Lanka |
Tires |
|
438 |
|
|
Subsidiary |
Fairlawn, OH |
United States |
Fabricated Plastic and Rubber |
3.5 |
171 |
|
|
Subsidiary |
Hoogezand |
Netherlands |
Tires |
|
50 |
|
|
Subsidiary |
Savsjo |
Sweden |
Tires |
12.3 |
40 |
|
|
Subsidiary |
Elspark |
South Africa |
Tires |
|
37 |
|
|
Subsidiary |
Erbach, Hessen |
Germany |
Tires |
139.9 |
20 |
|
|
Subsidiary |
Paulista, SP |
Brazil |
Tires |
|
15 |
|
|
Subsidiary |
Mettmann |
Germany |
Tires |
|
11 |
|
|
Subsidiary |
Brussels |
Belgium |
Tires |
|
10 |
|
|
Subsidiary |
Hadsten |
Denmark |
Tires |
|
8 |
|
|
Subsidiary |
Kuala Lumpur |
Malaysia |
Tires |
|
5 |
|
|
Subsidiary |
Oslo |
Norway |
Fabricated Plastic and Rubber |
|
2 |
|
|
Subsidiary |
Wakefield, MA |
United States |
Tires |
2.9 |
850 |
|
|
Facility |
Red Lion, PA |
United States |
Tires |
|
12 |
|
|
Subsidiary |
Martorell, Barcelona |
Spain |
Miscellaneous Capital Goods |
157.7 |
373 |
|
|
Subsidiary |
Skelmersdale |
United Kingdom |
Fabricated Plastic and Rubber |
80.5 |
365 |
|
|
Subsidiary |
Gyeongsan, Gyeongsangbuk-do |
Korea, Republic of |
Miscellaneous Capital Goods |
|
350 |
|
|
Subsidiary |
Forsheda |
Sweden |
Fabricated Plastic and Rubber |
67.6 |
307 |
|
|
Subsidiary |
Houston, TX |
United States |
Oil Well Services and Equipment |
|
300 |
|
|
Subsidiary |
Toluca |
Mexico |
Miscellaneous Capital Goods |
|
300 |
|
|
Subsidiary |
Helsingør |
Denmark |
Miscellaneous Fabricated Products |
53.2 |
277 |
|
|
Subsidiary |
Breuberg, Hessen |
Germany |
Tires |
|
260 |
|
|
Subsidiary |
Ersmark |
Sweden |
Fabricated Plastic and Rubber |
42.2 |
250 |
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Fabricated Products |
|
250 |
|
|
Subsidiary |
Leicester |
United Kingdom |
Auto and Truck Parts |
39.6 |
220 |
|
|
Subsidiary |
Urkabustaiz, Alava |
Spain |
Fabricated Plastic and Rubber |
42.1 |
215 |
|
|
Subsidiary |
Livorno |
Italy |
Office Equipment |
|
200 |
|
|
Subsidiary |
Kuressaare |
Estonia |
Fabricated Plastic and Rubber |
|
200 |
|
|
Subsidiary |
Forsheda |
Sweden |
Auto and Truck Parts |
|
200 |
|
|
Subsidiary |
Aurora, OH |
United States |
Fabricated Plastic and Rubber |
|
200 |
|
|
Subsidiary |
Pamplona, Navarra |
Spain |
Fabricated Plastic and Rubber |
25.1 |
194 |
|
|
Subsidiary |
Kalmar, Kalmar |
Sweden |
Fabricated Plastic and Rubber |
111.9 |
187 |
|
|
Subsidiary |
Chemaudin |
France |
Miscellaneous Capital Goods |
18.2 |
149 |
|
|
Subsidiary |
Cernay |
France |
Paper and Paper Products |
39.5 |
137 |
|
|
Subsidiary |
Großheubach, Bayern |
Germany |
Fabricated Plastic and Rubber |
44.0 |
130 |
|
|
Subsidiary |
Leini', Torino |
Italy |
Fabricated Plastic and Rubber |
19.6 |
130 |
|
|
Subsidiary |
Stein am Rhein |
Switzerland |
Fabricated Plastic and Rubber |
|
130 |
|
|
Subsidiary |
Ridderkerk |
Netherlands |
Fabricated Plastic and Rubber |
|
125 |
|
|
Subsidiary |
Singapore |
Singapore |
Fabricated Plastic and Rubber |
38.4 |
100 |
|
|
Subsidiary |
Helsinki |
Finland |
Iron and Steel |
|
100 |
|
|
Subsidiary |
Melbourne, VIC |
Australia |
Engineering Consultants |
|
100 |
|
|
Subsidiary |
Värnamo |
Sweden |
Semiconductors |
49.8 |
99 |
|
|
Subsidiary |
Conde Sur Noireau |
France |
Fabricated Plastic and Rubber |
9.8 |
99 |
|
|
Subsidiary |
Retford |
United Kingdom |
Fabricated Plastic and Rubber |
16.2 |
84 |
|
|
Subsidiary |
Lydney |
United Kingdom |
Miscellaneous Capital Goods |
14.3 |
81 |
|
|
UK Branch/Trading address |
Eye |
United Kingdom |
Retail (Specialty) |
14.3 |
1 |
|
|
Subsidiary |
Sastamala |
Finland |
Miscellaneous Fabricated Products |
15.3 |
77 |
|
|
Subsidiary |
Carquefou |
France |
Miscellaneous Capital Goods |
25.4 |
74 |
|
|
Subsidiary |
Mlada Boleslav |
Czech Republic |
Fabricated Plastic and Rubber |
8.1 |
60 |
|
|
Subsidiary |
Milford, NH |
United States |
Miscellaneous Fabricated Products |
1.8 |
60 |
|
|
Subsidiary |
Santander, Cantabria |
Spain |
Chemical Manufacturing |
6.4 |
59 |
|
|
Subsidiary |
Liepaja |
Latvia |
Tires |
|
54 |
|
|
Subsidiary |
Hanover Park, IL |
United States |
Miscellaneous Fabricated Products |
128.9 |
50 |
|
|
Subsidiary |
Hoogezand |
Netherlands |
Fabricated Plastic and Rubber |
|
50 |
|
|
Subsidiary |
Knaresborough |
United Kingdom |
Nonclassifiable Industries |
|
50 |
|
|
Subsidiary |
Retford |
United Kingdom |
Containers and Packaging |
|
50 |
|
|
Subsidiary |
Savsjo |
Sweden |
Tires |
|
40 |
|
|
Subsidiary |
Kewdale, WA |
Australia |
Construction - Supplies and Fixtures |
|
40 |
|
|
Subsidiary |
Carquefou |
France |
Auto and Truck Parts |
192.6 |
34 |
|
|
Subsidiary |
Carquefou |
France |
Fabricated Plastic and Rubber |
0.1 |
374 |
|
|
Subsidiary |
Carquefou |
France |
Fabricated Plastic and Rubber |
91.1 |
348 |
|
|
Subsidiary |
Tekirdag |
Turkey |
Fabricated Plastic and Rubber |
51.5 |
|
|
|
Subsidiary |
Carquefou |
France |
Miscellaneous Financial Services |
3.5 |
|
|
|
Subsidiary |
Krokstadelva |
Norway |
Fabricated Plastic and Rubber |
16.8 |
30 |
|
|
Subsidiary |
Duisburg, Nordrhein-Westfalen |
Germany |
Construction Services |
|
30 |
|
|
Subsidiary |
Livorno |
Italy |
Investment Services |
|
30 |
|
|
Subsidiary |
Jonkoping |
Sweden |
Fabricated Plastic and Rubber |
41.2 |
28 |
|
|
Subsidiary |
Ahmedabad, Gujarat |
India |
Engineering Consultants |
|
27 |
|
|
Subsidiary |
Lydney |
United Kingdom |
Retail (Department and Discount) |
13.1 |
26 |
|
|
Subsidiary |
Seclin |
France |
Construction and Agriculture Machinery |
3.8 |
14 |
|
|
Subsidiary |
Compiegne |
France |
Tires |
46.9 |
22 |
|
|
Holding |
Stockholm |
Sweden |
Tires |
179.6 |
20 |
|
|
Subsidiary |
Mettmann |
Germany |
Fabricated Plastic and Rubber |
|
20 |
|
|
Subsidiary |
Mettmann, Nordrhein-Westfalen |
Germany |
Fabricated Plastic and Rubber |
|
20 |
|
|
Subsidiary |
Lyon |
France |
Appliance and Tool |
11.6 |
19 |
|
|
Subsidiary |
Derby |
United Kingdom |
Fabricated Plastic and Rubber |
25.1 |
15 |
|
|
Subsidiary |
Lodz |
Poland |
Fabricated Plastic and Rubber |
17.4 |
15 |
|
|
Subsidiary |
Melbourne, VIC |
Australia |
Tires |
2.1 |
15 |
|
|
Subsidiary |
Sancheville |
France |
Fabricated Plastic and Rubber |
6.0 |
14 |
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Fabricated Plastic and Rubber |
|
14 |
|
|
Subsidiary |
Northville, MI |
United States |
Auto and Truck Parts |
|
14 |
|
|
Subsidiary |
Spydeberg |
Norway |
Chemical Manufacturing |
4.8 |
13 |
|
|
Subsidiary |
Etobicoke, ON |
Canada |
Fabricated Plastic and Rubber |
|
12 |
|
|
Subsidiary |
Cuauhtemoc |
Mexico |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Fabricated Plastic and Rubber |
|
11 |
|
|
Subsidiary |
Vantaa |
Finland |
Fabricated Plastic and Rubber |
10.2 |
10 |
|
|
Subsidiary |
Warsaw |
Poland |
Fabricated Plastic and Rubber |
|
10 |
|
|
Subsidiary |
Rueil Malmaison |
France |
Construction and Agriculture Machinery |
8.4 |
8 |
|
|
Subsidiary |
Singapore |
Singapore |
Tires |
|
8 |
|
|
Subsidiary |
Singapore |
Singapore |
Engineering Consultants |
|
8 |
|
|
Subsidiary |
Moscow |
Russian Federation |
Fabricated Plastic and Rubber |
|
7 |
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Tires |
|
7 |
|
|
Subsidiary |
Trelleborg, Skåne |
Sweden |
Business Services |
6.4 |
6 |
|
|
Subsidiary |
Szentendre |
Hungary |
Fabricated Plastic and Rubber |
|
6 |
|
|
Subsidiary |
South Haven, MI |
United States |
Auto and Truck Parts |
16.2 |
5 |
|
|
Subsidiary |
Buenos Aires |
Argentina |
Tires |
|
5 |
|
|
Subsidiary |
Sydney, NSW |
Australia |
Engineering Consultants |
|
5 |
|
|
Subsidiary |
Pwllheli |
United Kingdom |
Recreational Products |
|
4 |
|
|
Holding |
Trelleborg |
Sweden |
Fabricated Plastic and Rubber |
|
4 |
|
|
Subsidiary |
Trelleborg |
Sweden |
Tires |
|
500 |
|
|
Subsidiary |
Mexico |
Mexico |
Tires |
|
300 |
|
|
Subsidiary |
Tijuana, BC |
Mexico |
Fabricated Plastic and Rubber |
|
300 |
|
|
Subsidiary |
Burgos |
Spain |
Tires |
|
170 |
|
|
Subsidiary |
Kalmar |
Sweden |
Tires |
111.9 |
140 |
|
|
Subsidiary |
Melbourne, VIC |
Australia |
Tires |
|
300 |
|
|
Subsidiary |
Suwanee, GA |
United States |
Auto and Truck Parts |
|
14 |
|
|
Subsidiary |
Orebro |
Sweden |
Tires |
|
100 |
|
|
Subsidiary |
South Haven, MI |
United States |
Fabricated Plastic and Rubber |
250.0 |
99 |
|
|
Facility |
Sandusky, MI |
United States |
Fabricated Plastic and Rubber |
|
364 |
|
|
Branch |
Sandusky, MI |
United States |
Chemical Manufacturing |
11.0 |
300 |
|
|
Facility |
Morganfield, KY |
United States |
Fabricated Plastic and Rubber |
8.4 |
200 |
|
|
Subsidiary |
Benton Harbor, MI |
United States |
Fabricated Plastic and Rubber |
62.5 |
120 |
|
|
Branch |
Carmi, IL |
United States |
Miscellaneous Capital Goods |
7.8 |
100 |
|
|
Facility |
Carmi, IL |
United States |
Fabricated Plastic and Rubber |
|
62 |
|
|
Branch |
Morganfield, KY |
United States |
Auto and Truck Parts |
5.6 |
52 |
|
|
Branch |
Northville, MI |
United States |
Nonclassifiable Industries |
|
3 |
|
|
Subsidiary |
Santander |
Spain |
Tires |
|
50 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Tires |
|
10 |
|
|
Subsidiary |
Suwanee, GA |
United States |
Communications Services |
1.0 |
6 |
|
|
Subsidiary |
Hal Far |
Malta |
Auto and Truck Parts |
|
|
|
|
Subsidiary |
Milford Haven |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Zaventem |
Belgium |
Construction - Raw Materials |
6.4 |
2 |
|
|
Subsidiary |
Sjobo |
Sweden |
Fabricated Plastic and Rubber |
23.1 |
1 |
|
|
Subsidiary |
Stuttgart, Baden-Württemberg |
Germany |
Commercial Banks |
|
1 |
|
|
Subsidiary |
Hamburg, Hamburg |
Germany |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Deeside |
United Kingdom |
Scientific and Technical Instruments |
6.4 |
|
|
|
Subsidiary |
Lyon |
France |
Fabricated Plastic and Rubber |
4.3 |
|
|
|
Subsidiary |
Guarulhos, SP |
Brazil |
Tires |
|
|
|
|
Subsidiary |
Hoogezand, Groningen |
Netherlands |
Investment Services |
|
|
|
|
Subsidiary |
Rome |
Italy |
Tires |
231.3 |
575 |
|
|
Subsidiary |
Lelystad |
Netherlands |
Miscellaneous Fabricated Products |
45.3 |
30 |
|
|
Subsidiary |
Ridderkerk, Zuid-Holland |
Netherlands |
Tires |
|
8 |
|
|
Subsidiary |
Apeldoorn, Gelderland |
Netherlands |
Tires |
|
7 |
|
|
Subsidiary |
Noida, Uttar Pradesh |
India |
Auto and Truck Parts |
32.2 |
|
|
|
Subsidiary |
Tewkesbury |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Tewkesbury |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Tewkesbury |
United Kingdom |
Nonclassifiable Industries |
|
375 |
|
|
Subsidiary |
Barrow In Furness |
United Kingdom |
Business Services |
8.1 |
33 |
|
|
Subsidiary |
Moscow |
Russian Federation |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Lesina |
Czech Republic |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Sao Jose dos Campos, Sao Paulo |
Brazil |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Qingdao |
China |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Shanghai |
China |
Paper and Paper Products |
|
|
|
|
Subsidiary |
Wuxi, Jiangsu |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Engineering Consultants |
|
|
|
|
Subsidiary |
Trelleborg |
Sweden |
Engineering Consultants |
|
|
|
|
Subsidiary |
Prague |
Czech Republic |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Lyon |
France |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Colombo, Western Province |
Sri Lanka |
Tires |
|
|
|
|
Subsidiary |
Taichung |
Taiwan |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Trelleborg |
Sweden |
Investment Services |
|
|
|
|
Subsidiary |
Trelleborg |
Sweden |
Investment Services |
|
|
|
|
Subsidiary |
Oslo |
Norway |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Tires |
|
|
|
|
Subsidiary |
Wuxi, Jiangsu |
China |
Auto and Truck Parts |
|
|
|
|
Subsidiary |
Helsingor |
Denmark |
Investment Services |
|
|
|
|
Subsidiary |
Bengaluru |
India |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Rochefort |
France |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Auto and Truck Parts |
|
|
Executives Report
|
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.71919 |
0.755078 |
0.719047 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Total income |
445.1 |
380.9 |
296.9 |
|
Raw materials and services |
329.0 |
290.4 |
225.0 |
|
Net sales |
445.1 |
380.9 |
296.9 |
|
Other operating income |
31.8 |
23.4 |
28.0 |
|
Raw materials and consumables employed |
329.0 |
290.4 |
225.0 |
|
Other external charges |
9.0 |
9.1 |
8.6 |
|
Cost of goods sold |
338.0 |
299.6 |
233.6 |
|
Cost of raw materials |
338.0 |
299.6 |
233.6 |
|
Taxes and social security costs |
6.2 |
5.9 |
5.2 |
|
Total payroll costs |
44.1 |
39.2 |
34.8 |
|
Fixed asset depreciation and amortisation |
3.5 |
3.6 |
2.6 |
|
Other operating costs |
45.0 |
39.4 |
34.0 |
|
Net operating income |
46.3 |
22.4 |
19.9 |
|
Other income |
0.1 |
0.0 |
0.0 |
|
Interest payable on loans |
0.3 |
0.3 |
0.1 |
|
Total expenses |
0.2 |
0.3 |
0.1 |
|
Profit before tax |
46.1 |
22.1 |
19.8 |
|
Provisions |
19.4 |
17.9 |
10.8 |
|
Extraordinary expenses |
- |
0.6 |
- |
|
Extraordinary result |
- |
-0.6 |
- |
|
Other taxes |
0.1 |
0.1 |
0.1 |
|
Profit distributed to shareholders |
-45.9 |
-21.5 |
-19.8 |
|
|
|
Annual Balance
Sheet |
|
Financials in:
USD (mil) |
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.770327 |
0.745406 |
0.696986 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Issued capital |
1.3 |
1.4 |
1.5 |
|
Capital reserves |
20.6 |
21.2 |
22.7 |
|
Other reserves |
0.1 |
0.1 |
0.1 |
|
Total reserves |
0.1 |
0.1 |
0.1 |
|
Profits for the year |
6.5 |
6.7 |
7.2 |
|
Total stockholders equity |
28.5 |
29.5 |
31.5 |
|
Other provisions |
14.4 |
14.4 |
7.7 |
|
Provision for pensions |
3.7 |
3.8 |
3.5 |
|
Provisions and allowances |
18.1 |
18.2 |
11.2 |
|
Trade creditors |
12.7 |
14.6 |
14.0 |
|
Taxation and social security |
2.3 |
1.7 |
1.7 |
|
Due to group companies |
57.8 |
41.4 |
33.7 |
|
Total current liabilities |
72.9 |
57.7 |
49.4 |
|
Regularisation account |
0.1 |
- |
- |
|
Total liabilities (including net worth) |
119.6 |
105.4 |
92.1 |
|
Patents |
5.4 |
6.6 |
3.3 |
|
Intangibles |
5.5 |
6.7 |
9.1 |
|
Machinery and tools |
3.6 |
2.2 |
2.8 |
|
Fixed assets under construction |
0.1 |
0.3 |
0.2 |
|
Total tangible fixed assets |
6.3 |
5.4 |
6.0 |
|
Total non-current assets |
11.8 |
12.1 |
15.1 |
|
Raw materials |
0.7 |
0.7 |
0.9 |
|
Finished goods |
57.3 |
55.5 |
41.8 |
|
Net stocks and work in progress |
58.0 |
56.2 |
42.7 |
|
Trade debtors |
14.0 |
14.3 |
11.5 |
|
Other receivables |
0.7 |
0.7 |
2.5 |
|
Total receivables |
48.3 |
35.5 |
33.3 |
|
Owing from associated companies |
33.6 |
20.5 |
19.2 |
|
Cash and liquid assets |
0.1 |
0.0 |
0.0 |
|
Total current assets |
106.4 |
91.8 |
76.0 |
|
Prepaid expenses and deferred costs |
1.4 |
1.4 |
1.1 |
|
Total assets |
119.6 |
105.4 |
92.1 |
|
|
|
Annual Ratios |
|
Financials in:
USD (mil) |
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.770327 |
0.745406 |
0.696986 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Current ratio |
14.60 |
15.91 |
15.37 |
|
Acid test ratio |
6.64 |
6.16 |
6.74 |
|
Total liabilities to net worth |
0.26% |
0.20% |
0.16% |
|
Net worth to total assets |
0.02% |
0.03% |
0.03% |
|
Current liabilities to net worth |
0.26% |
0.20% |
0.16% |
|
Current liabilities to stock |
0.13% |
0.10% |
0.12% |
|
Fixed assets to net worth |
0.04% |
0.04% |
0.05% |
|
Collection period |
124.00 |
135.00 |
139.00 |
|
Stock turnover rate |
1.40 |
1.46 |
1.39 |
|
Profit margin |
0.01% |
0.01% |
0.01% |
|
Return on assets |
0.04% |
0.02% |
0.02% |
|
Shareholders' return |
0.15% |
0.07% |
0.06% |
|
Sales per employee |
72.59 |
67.67 |
47.66 |
|
Profit per employee |
7.49 |
3.92 |
3.17 |
|
Average wage per employee |
7.20 |
6.97 |
5.59 |
|
Net worth |
28.5 |
29.5 |
31.5 |
|
Number of employees |
441 |
425 |
448 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.03 |
|
|
1 |
Rs.82.43 |
|
Euro |
1 |
Rs.70.49 |
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.