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Report Date : |
22.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
TECHNOGERMA
GESELLSCHAFT FÜR HANDEL UND TECHNISCHE BERATUNG MBH |
|
|
|
|
Registered Office : |
Am
Mühlberg 18 D 64354 Reinheim |
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|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
05.12.1993 |
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|
|
|
Com. Reg. No.: |
HRB
32540 |
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|
|
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Legal Form : |
Private Limited Company |
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|
|
|
Line of Business : |
Engineering
activities in the field of technical sectoral
planning andengineering design |
|
|
|
|
No. of Employees : |
4 |
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 – 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
Technogerma Gmbh,
Bahnhofstr. 16, D 64354 Reinheim
The subject of your inquiry
is a branch. We are reporting on the
headquarters.
TECHNOGERMA Gesellschaft für Handel und technische Beratung mbH
Company Status: active
Am
Mühlberg 18
D
64354 Reinheim
Telephone:06162/85124
Telefax: 06162/85144
Homepage: www.technogerma.eu
E-mail: tggermany@aol.com
Business relations are
permissible.
LEGAL FORM Private
limited company
Date of foundation: 05.12.1993
Shareholders'
agreement: 05.12.1993
Registered on: 18.01.1994
Commercial Register: Local court 64283 Darmstadt
under: HRB
32540
EUR 25,564.59
Dr.-Ing. Sudhir Apte
Schepp
Allee 13
D
64295 Darmstadt
born:
26.06.1958
Share: EUR 15,338.75
Shareholder:
Aftabul
Islam
Kurfürstenstr. 1
D
55411 Bingen
born:
16.10.1950
Share: EUR 6,391.15
Shareholder:
Raghunaeth Ghanekar
USA - Kalifornien
Share: EUR 2,556.46
Shareholder:
Rita
Mrotzek-Sampat
Emilstr. 7
D
64289 Darmstadt
Share: EUR 1,278.23
Manager:
Dr.-Ing. Sudhir Apte
Schepp
Allee 13
D
64295 Darmstadt
born:
26.06.1958
Profession: Geologist
Marital status: married
05.12.1993 -
13.12.1994 TECHNOGERMA Gesellschaft für
Handel und
technische Beratung mbH
Im
Trappengrund 42
D
64354 Reinheim
Private limited company
13.12.1994 -
06.11.1997 TECHNOGERMA Gesellschaft für
Handel und
technische BeratungmbH
Am
Mühlberg 5a
D
64354 Reinheim
Private limited company
Main industrial sector
46903 Non-specialized wholesale trade
71122 Engineering
activities in the field of technical sectoral planning andengineering design
Branch:
TECHNOGERMA Gesellschaft für Handel und
technische Beratung
Bahnhofstr. 16
D
64354 Reinheim
Payment experience: cash discount/within agreed terms
Negative information:We
have no negative information at hand.
Balance sheet year: 2010
Type of ownership: Tenant
Address Am Mühlberg 18
D
64354 Reinheim
Land register documents
were not available.
Principal bank
VOLKSBANK ODENWALD,
REINHEIM, ODENW
Sort. code: 50863513, BIC:
GENODE51MIC
Further banks
POSTBANK, SAARBRÜCKEN
Sort. code: 59010066, BIC:
PBNKDEFF590
POSTBANK, FRANKFURT AM MAIN
Sort. code: 50010060, BIC:
PBNKDEFFXXX
Turnover: 2011 EUR 4,000,000.00
Equipment: EUR 30,000.00
Ac/ts receivable: EUR 1,749,331.00
Liabilities: EUR 1,349,714.00
Employees:
4
The aforementioned business
figures may partly be estimated
information based on
average values in the line of business.
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 37.87
Liquidity ratio: 1.67
Return on total capital [%]: 6.84
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity
ratio [%]: 28.05
Liquidity ratio: 1.25
Return on total capital [%]: 2.16
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 37.09
Liquidity ratio: 1.33
Return
on total capital [%]: 4.96
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 28.68
Liquidity ratio: 1.31
Return on total capital [%]: 4.36
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: 01.01.2010 - 31.12.2010
ASSETS
EUR 2,095,357.75
Fixed assets
EUR 16,215.00
Tangible assets
EUR 16,215.00
Other / unspecified tangible assets
EUR 16,215.00
Current
assets EUR 2,078,636.89
Stocks
EUR 128,993.73
Accounts receivable
EUR 1,749,330.60
Other debtors and assets
EUR 1,749,330.60
Liquid means
EUR 200,312.56
Remaining other assets
EUR 505.86
Accruals (assets)
EUR 505.86
LIABILITIES EUR 2,095,357.75
Shareholders' equity
EUR 693,879.79
Capital
EUR 25,564.59
Subscribed capital (share capital)
EUR 25,564.59
Balance sheet profit/loss (+/-)
EUR 668,315.20
Profit / loss brought forward
EUR 525,084.43
Annual surplus / annual deficit
EUR 143,230.77
Provisions
EUR 51,763.53
Liabilities EUR 1,349,714.43
Other liabilities
EUR 1,349,714.43
Unspecified other liabilities
EUR 1,349,714.43
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 2,286,404.71
Fixed assets
EUR 25,051.00
Tangible assets
EUR 25,051.00
Other / unspecified tangible assets
EUR 25,051.00
Current assets
EUR 2,260,310.21
Stocks
EUR 304,451.64
Accounts receivable
EUR 1,779,237.44
Other debtors and assets
EUR 1,779,237.44
Liquid means
EUR 176,621.13
Remaining other assets
EUR 1,043.50
Accruals (assets)
EUR 1,043.50
LIABILITIES EUR 2,286,404.71
Shareholders' equity
EUR 550,649.02
Capital
EUR 25,564.59
Subscribed capital (share capital)
EUR 25,564.59
Balance sheet profit/loss (+/-)
EUR 525,084.43
Profit / loss brought forward
EUR 475,639.26
Annual surplus / annual deficit
EUR 49,445.17
Provisions
EUR 43,260.00
Liabilities
EUR 1,692,495.69
Other liabilities
EUR 1,692,495.69
Unspecified other liabilities
EUR 1,692,495.69
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.87 |
|
|
1 |
Rs.85.53 |
|
Euro |
1 |
Rs.71.77 |
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.