|
Report Date : |
16.07.2013 |
IDENTIFICATION DETAILS
|
Name : |
RONALD
HOESELER-POR 15 GMBH |
|
|
|
|
Registered Office : |
Wilhelm-Kuhr-Str.
39 D 13359 Berlin |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
30.11.1977 |
|
|
|
|
Com. Reg. No.: |
HRB
12466 B |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
Wholesale
of pharmaceutical, medical and orthpedic goods |
|
|
|
|
No. of Employees : |
4 |
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 : |
Small Company |
|
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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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
Ronald Hoeseler-POR 15 GmbH
Company Status: active
Wilhelm-Kuhr-Str. 39
D
13359 Berlin
Telephone:030/49771225
Telefax: 030/49771245
Homepage: www.hoeseler-por15.com
E-mail: sales@hoeseler-por15.de
Branch : Zabel-Kruger-damm 117, 13469, Berlin, Germany
DE136593241
Business relations are
permissible.
LEGAL FORM Private
limited company
Date of foundation: 30.11.1977
Shareholders'
agreement: 30.11.1977
Registered on: 25.01.1978
Commercial Register: Local court 14057 Berlin
under: HRB
12466 B
Share capital: EUR 51,129.19
Marianne Hoeseler
Reinickendorfer Str. 115
D
13347 Berlin
born:
16.03.1941
née:
Jirout
Share: EUR 30,677.51
Shareholder:
Ronald
Hoeseler
Reinickendorfer Str. 115
D
13347 Berlin
born:
01.12.1939
Share: EUR 20,451.68
Manager:
Ronald
Hoeseler
Reinickendorfer Str. 115
D
13347 Berlin
having
sole power of representation
born:
01.12.1939
Profession: Businessman
Marital status: married
Manager:
Marianne Hoeseler
Reinickendorfer Str. 115
D
13347 Berlin
having
sole power of representation
born:
16.03.1941
née:
Jirout
Profession: Businessman
Marital status: married
Further functions/participations of Ronald
Hoeseler (Manager)
Shareholder:
Ronald
Hoeseler GmbH
Reinickendorfer Str. 115
D
13347 Berlin
Legal
form: Private limited company
Share
capital: EUR 25,564.60
Share: EUR 10,225.84
Registered
on: 14.07.1993
Reg.
data: 14057 Berlin, HRB 47772
Manager:
Ronald
Hoeseler GmbH
Reinickendorfer Str. 115
D
13347 Berlin
Legal
form: Private limited company
Share
capital: EUR 25,564.60
Registered
on: 14.07.1993
Reg.
data: 14057 Berlin, HRB 47772
Further functions/participations of Marianne
Hoeseler (Manager)
Shareholder:
Ronald
Hoeseler GmbH
Reinickendorfer
Str. 115
D
13347 Berlin
Legal
form: Private limited company
Share
capital: EUR 25,564.60
Share: EUR 15,338.76
Registered
on: 14.07.1993
Reg.
data: 14057 Berlin, HRB 47772
Manager:
Ronald
Hoeseler GmbH
Reinickendorfer Str. 115
D 13347
Berlin
Legal
form: Private limited company
Share
capital: EUR 25,564.60
Registered
on: 14.07.1993
Reg.
data: 14057 Berlin, HRB 47772
25.01.1978 -
25.11.1997 Monja-Moden
Vertriebsgesellschaft mit
beschränkter Haftung
Residenzstr. 34
D
13409 Berlin
Private
limited company
26.11.1997 -
16.09.1999 Monja POR 15 Vertriebs GmbH
Residenzstr. 34
D
13409 Berlin
Private limited company
16.09.1999 -
07.11.2002 Ronald Hoeseler-POR 15 GmbH
Residenzstr. 34
D
13409 Berlin
Private limited company
07.11.2002 - 2007 Ronald Hoeseler-POR 15 GmbH
Reinickendorfer Str. 115
D 13347 Berlin
Private limited company
Main industrial sector
4646 Wholesale of pharmaceutical, medical and
orthpedic goods
46712 Wholesale of
petroleum products
8299 Other business support
service activities n. e. c.
Secondary industrial sector
4511 Sale of cars and light motor vehicles
Payment experience: within agreed terms
Negative information:We
have no negative information at hand.
Balance sheet year: 2011
Type of ownership: Tenant
Address Wilhelm-Kuhr-Str. 39
D
13359 Berlin
Land register documents
were not available.
BERLINER VOLKSBANK, BERLIN
Sort. code: 10090000, BIC:
BEVODEBBXXX
Turnover: 2012 EUR 992,500.00
Profit: 2011 EUR 15,408.00
further business figures:
Equipment: EUR 38,500.00
Ac/ts receivable: EUR 24,941.00
Liabilities: EUR 59,883.00
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 [%]: 61.78
Liquidity ratio: 1.75
Return on total capital [%]: 9.27
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 53.85
Liquidity ratio: 0.79
Return on total capital [%]: -14.97
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 71.57
Liquidity ratio: 1.99
Return on total capital [%]: 7.48
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 59.21
Liquidity ratio: 0.33
Return on total capital [%]: 22.25
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 166,155.01
Fixed assets
EUR 7,788.78
Intangible assets
EUR 1.00
Other / unspecified intangible assetsEUR 1.00
Tangible assets
EUR 7,481.00
Other / unspecified tangible assets
EUR 7,481.00
Financial assets
EUR 306.78
Other / unspecified financial assets EUR 306.78
Current assets
EUR 158,366.23
Stocks
EUR 87,788.68
Accounts receivable
EUR 24,940.67
Other debtors and assets
EUR 24,940.67
Liquid means
EUR 45,636.88
LIABILITIES EUR 166,155.01
Shareholders' equity
EUR 102,653.28
Capital
EUR 38,346.89
Subscribed capital (share capital)
EUR 51,129.19
thereof not yet paid-up capital
EUR 51,129.19
thereof called
EUR 38,346.89
thereof uncalled outstanding
contributions
EUR 12,782.30
Balance sheet profit/loss (+/-)
EUR 64,306.39
Profit / loss brought forward
EUR 48,898.77
Annual surplus / annual deficit
EUR 15,407.62
Provisions
EUR 3,618.45
Liabilities
EUR 59,883.28
Other liabilities
EUR 59,883.28
Unspecified other liabilities
EUR 59,883.28
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 162,026.59
Fixed assets
EUR 7,714.78
Intangible assets
EUR 1.00
Other / unspecified intangible assetsEUR 1.00
Tangible assets
EUR 7,407.00
Other / unspecified tangible assets
EUR 7,407.00
Financial assets
EUR 306.78
Other / unspecified financial assets EUR 306.78
Current assets
EUR 154,311.81
Stocks
EUR 89,987.22
Accounts receivable
EUR 24,807.40
Other debtors and assets
EUR 24,807.40
Liquid means
EUR 39,517.19
LIABILITIES EUR 162,026.59
Shareholders' equity
EUR 87,245.66
Capital
EUR 38,346.89
Subscribed capital (share capital)
EUR 51,129.19
thereof not yet paid-up capital
EUR 51,129.19
thereof called
EUR 38,346.89
thereof uncalled outstanding
contributions
EUR 12,782.30
Balance sheet profit/loss (+/-)
EUR 48,898.77
Profit / loss brought forward
EUR 73,150.15
Annual surplus / annual deficit
EUR -24,251.38
Provisions EUR 3,827.02
Liabilities
EUR 70,953.91
Other liabilities
EUR 70,953.91
Unspecified other liabilities
EUR 70,953.91
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.05 |
|
|
1 |
Rs.90.71 |
|
Euro |
1 |
Rs.78.47 |
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.