|
Report Date : |
08.02.2013 |
IDENTIFICATION DETAILS
|
Name : |
C.E. ROEPER GMBH |
|
|
|
|
Registered Office : |
Hans-Duncker-Str. 13 D 21035 Hamburg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
01.04.1986 |
|
|
|
|
Com. Reg. No.: |
HRB 36211 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
Wholesale of other intermediate goods |
|
|
|
|
No. of Employees : |
40 |
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 (31.03.2012) |
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 6.0% 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 |
C.E. ROEPER GMBH
Company Status: active
Hans-Duncker-Str. 13
D 21035 Hamburg
Telephone:040/734103-0
Telefax: 040/734103-35
Homepage: www.roeper.de
E-mail:
office@roeper.de
VAT no.: DE171622985
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1891
Shareholders'
agreement: 01.04.1986
Registered on: 05.06.1986
Commercial Register: Local court 20355 Hamburg
under: HRB
36211
Share capital: EUR 51,129.19
Shareholder:
C. E. Roeper Holding
(GmbH & Co.)
Hans-Duncker-Str. 13
D 21035 Hamburg
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Total cap. EUR 4,000,000.00
contribution:
Share: EUR 51,129.19
Registered on: 18.06.1991
Reg. data:
20355 Hamburg, HRA 7692
Manager:
Carsten Gerrens
Koppel 106
D 20099 Hamburg
having sole power of
representation
born: 28.02.1965
Profession: Businessman
Further functions/participations of Carsten
Gerrens (Manager)
Limited partner:
C. E. Roeper Holding
(GmbH & Co.)
Hans-Duncker-Str. 13
D 21035 Hamburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 4,000,000.00
contribution:
Share: EUR 4,000,000.00
Registered
on: 18.06.1991
Reg. data: 20355 Hamburg, HRA 7692
Limited partner:
G. Lipman & Geffcken
(GmbH & Co.)
Hans-Duncker-Str. 13
D 21035 Hamburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 51,129.18
contribution:
Share: EUR 51,129.18
Registered
on: 21.01.1836
Reg. data: 20355 Hamburg, HRA 10517
Manager:
H + G Harze & Gummen
GmbH
Hans-Duncker-Str. 13
D 21035 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 29.01.1991
Reg. data: 20355 Hamburg, HRB 46292
Manager:
Richard Brückner GmbH
Hermann-Wüsthof-Ring 4
D 21035 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 28.01.1999
Reg. data: 20355 Hamburg, HRB 69803
Sectors
46760
Wholesale of other intermediate goods
46902
Non-specialized wholesale of raw materials and
half-finished and finished goods
Payment experience: within
periods customary in this trade
Negative information: We have no negative information at hand.
Balance sheet year: 2011
Type of ownership: Tenant
Address Hans-Duncker-Str.
13
D
21035 Hamburg
Land register documents were not available.
Principal
bank
BERENBERG, JOH. - GOSSLER & CO, HAMBURG
Sort. code: 20120000, BIC: BEGODEHHXXX
Further
banks
DEUTSCHE BANK, HAMBURG
Sort.
code: 20070000, BIC: DEUTDEHHXXX
COMMERZBANK VORMALS DRESDNER BANK, HAMBURG
Sort. code: 20080000, BIC: DRESDEFF200
Gross profit or loss: 2011
EUR 8,666,298.00
2012 EUR
9,000,000.00
Profit: 2011 EUR 81,061.00
further business figures:
Equipment: EUR 240,000.00
Ac/ts receivable: EUR 3,970,935.00
Liabilities: EUR 16,829,148.00
Employees:
40
- thereof permanent staff: 40
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 2.45
Liquidity ratio: 0.24
Return on total capital [%]: 0.43
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 1.90
Liquidity
ratio: 0.36
Return on total capital [%]: 0.71
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 1.63
Liquidity ratio: 0.34
Return on total capital [%]: 1.97
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 1.33
Liquidity ratio: 0.33
Return on total capital [%]: 0.56
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 18,698,285.91
Current assets
EUR 18,691,114.05
Stocks
EUR 14,672,583.00
Accounts receivable
EUR 3,970,935.12
Other debtors and assets
EUR 3,970,935.12
Liquid means
EUR 47,595.93
Remaining other assets
EUR 7,171.86
Accruals (assets)
EUR 7,171.86
LIABILITIES EUR 18,698,285.91
Shareholders' equity
EUR 458,984.47
Capital
EUR 51,129.19
Subscribed capital (share capital)
EUR 51,129.19
Balance sheet profit/loss (+/-)
EUR 407,855.28
Balance sheet profit / loss
EUR 407,855.28
Provisions
EUR 1,410,153.09
Liabilities
EUR 16,829,148.35
Other liabilities
EUR 16,829,148.35
Unspecified other liabilities
EUR 16,829,148.35
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-)
EUR 8,666,298.09
Staff expenses
EUR 2,551,577.32
Wages and salaries
EUR 2,206,843.84
Social security contributions and
expenses for pension plans and
benefits EUR 344,733.48
Other operating expenses
EUR 5,229,046.06
Operating result from continuing
operations
EUR 885,674.71
Interest result (+/-)
EUR -728,460.57
Interest and similar income
EUR 22.50
Interest and similar expenses
EUR 728,483.07
Financial result (+/-)
EUR -728,460.57
Result from ordinary operations (+/-)
EUR 157,214.14
Income tax / refund of income tax (+/-)EUR -76,153.38
Tax (+/-)
EUR -76,153.38
Annual surplus / annual deficit
EUR 81,060.76
Type of balance
sheet:
Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 19,932,265.57
Current assets
EUR 19,925,255.63
Stocks
EUR 13,466,539.00
Accounts receivable
EUR 6,152,079.45
Other debtors and assets
EUR 6,152,079.45
Liquid means
EUR 306,637.18
Remaining other assets EUR 7,009.94
Accruals (assets)
EUR 7,009.94
LIABILITIES EUR 19,932,265.57
Shareholders' equity
EUR 377,923.71
Capital EUR 51,129.19
Subscribed capital (share capital)
EUR 51,129.19
Balance sheet profit/loss (+/-)
EUR 326,794.52
Balance sheet profit / loss
EUR 326,794.52
Provisions
EUR 1,977,527.52
Liabilities
EUR 17,576,814.34
Other liabilities
EUR 17,576,814.34
Unspecified other liabilities
EUR 17,576,814.34
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-)
EUR 10,113,684.97
Staff expenses
EUR 3,096,091.69
Wages and salaries EUR 2,745,669.75
Social security contributions and
expenses for pension plans and
benefits
EUR 350,421.94
Other operating expenses
EUR 6,195,210.52
Operating result from continuing
operations
EUR 822,382.76
Interest result (+/-)
EUR -561,491.36
Interest and similar expenses
EUR 561,491.36
Financial result (+/-)
EUR -561,491.36
Result from ordinary operations (+/-)
EUR 260,891.40
Income tax / refund of income tax (+/-)EUR -119,825.58
Tax (+/-)
EUR -119,825.58
Annual surplus / annual deficit
EUR 141,065.82
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.14 |
|
|
1 |
Rs.83.26 |
|
Euro |
1 |
Rs.71.93 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.