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Report Date : |
09.02.2013 |
IDENTIFICATION DETAILS
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Name : |
Hans Kniebes Gmbh |
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Registered Office : |
Maarweg 46, D 53619 Rheinbreitbach |
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Country : |
Germany |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
15.12.1992 |
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Com. Reg. No.: |
HRB 12683 |
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Legal Form : |
Private
limited company |
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Line of Business : |
Manufacture of Perfumes and Toilet
Preparations. |
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No. of Employees : |
4 |
RATING & COMMENTS
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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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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 (31.03.2011) |
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 6.0% 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 |
Hans Kniebes GmbH
Company Status: active
Maarweg 46
D
53619 Rheinbreitbach
Telephone:02224/6487
Telefax: 02224/6407
Homepage: www.hanskniebes.de
E-mail: info@hanskniebes.de
DE123328918
Business relations are permissible.
LEGAL FORM Private
limited company
Registered on: 15.12.1992
Commercial Register: Local court 56410 Montabaur
under: HRB
12683
Share capital: EUR 52,000.00
Hans-Joachim Kniebes
Karl-Simrock-Str. 30
D
53604 Bad Honnef
born:
01.10.1966
Share: EUR 26,000.00
Shareholder:
Hardy
Kniebes
Josef-Brungs-Str. 11
D
53604 Bad Honnef
born: 08.04.1970
Share: EUR 20,800.00
Shareholder:
Hans-Walter Kniebes
Karl-Simrock-Str. 26
D
53604 Bad Honnef
born: 23.08.1938
Share: EUR 5,200.00
Manager:
Hans-Joachim Kniebes
Karl-Simrock-Str. 30
D
53604 Bad Honnef
having
sole power of representation
born:
01.10.1966
Manager:
Hardy
Kniebes
Josef-Brungs-Str. 11
D
53604 Bad Honnef
having
sole power of representation
born: 08.04.1970
Profession: Clerk
Marital status: unknown
Main industrial sector
20420 Manufacture of
perfumes and toilet preparations
46721 Wholesale of iron
ores, iron, steel and iron and steel semi-finished goods
47750 Retail sale of
cosmetics and toilet articles
Payment experience: within
agreed terms
Negative information:We have no negative information at hand.
Balance sheet year: 2011
Type of ownership: Tenant
Address Maarweg
46
D 53619 Rheinbreitbach
Land register documents
were not available.
COMMERZBANK, BAD HONNEF
Sort. code: 38040007, BIC:
COBADEFF380
DEUTSCHE BANK, BAD HONNEF
Sort. code: 38070059, BIC:
DEUTDEDK380
Turnover: 2011 EUR 800,000.00
Ac/ts receivable: EUR 604,612.00
Liabilities: EUR 363,818.00
Employees:
4
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 [%]: 58.35
Liquidity ratio: 2.71
Return on total capital [%]: 13.32
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 46.98
Liquidity ratio: 1.85
Return on total capital [%]: 13.01
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 37.22
Liquidity ratio: 1.37
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 31.69
Liquidity ratio: 1.05
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 954,445.59
Fixed assets
EUR 43,493.50
Intangible assets EUR 3,142.50
Other / unspecified intangible assetsEUR 3,142.50
Tangible assets
EUR 40,351.00
Other / unspecified tangible assets
EUR 40,351.00
Current assets EUR 905,243.18
Stocks
EUR 159,590.45
Accounts receivable
EUR 604,612.10
Other debtors and assets
EUR 604,612.10
Liquid means
EUR 141,040.63
Remaining other assets
EUR 5,708.91
Accruals (assets)
EUR 5,708.91
LIABILITIES EUR 954,445.59
Shareholders' equity
EUR 557,579.19
Capital
EUR 52,000.00
Subscribed capital (share capital)
EUR 52,000.00
Balance sheet profit/loss (+/-)
EUR 505,579.19
Profit / loss brought forward
EUR 378,682.31
Balance sheet profit / loss
EUR 126,896.88
Provisions
EUR 33,047.96
Liabilities
EUR 363,818.44
Other liabilities
EUR 363,818.44
Unspecified other liabilities
EUR 363,818.44
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 916,341.69
Fixed assets
EUR 29,374.00
Intangible assets
EUR 779.00
Other / unspecified intangible assetsEUR 779.00
Tangible assets
EUR 28,595.00
Other / unspecified tangible assets
EUR 28,595.00
Current assets
EUR 878,862.73
Stocks EUR 137,480.76
Accounts receivable
EUR 673,598.09
Other debtors and assets
EUR 673,598.09
Liquid means
EUR 67,783.88
Remaining other assets
EUR 8,104.96
Accruals (assets)
EUR 8,104.96
LIABILITIES EUR 916,341.69
Shareholders' equity
EUR 430,682.31
Capital EUR 52,000.00
Subscribed capital (share capital)
EUR 52,000.00
Balance sheet profit/loss (+/-)
EUR 378,682.31
Profit / loss brought forward
EUR 259,501.78
Balance sheet profit / loss
EUR 119,180.53
Provisions
EUR 53,289.47
Liabilities
EUR 432,369.91
Other liabilities
EUR 432,369.91
Unspecified other liabilities
EUR 432,369.91
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.57 |
|
|
1 |
Rs.84.25 |
|
Euro |
1 |
Rs.71.79 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIT |
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.