|
Report Date : |
17.06.2013 |
Jeans
Fritz Handelsgesellschaft für Mode mbH
Company Status: active
Tengerner Str. 143
D 32609 Hüllhorst
Post Box:
2016, D 32606 Hüllhorst
Telephone:05744/512-0
Telefax: 05744/512-111
Homepage:
www.jeans-fritz.de
E-mail: info@jeans-fritz.de
VAT no.: DE812196694
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1997
Begin of business
activities: 01.05.1997
Shareholders'
agreement: 28.04.1997
Registered on: 08.01.2002
Commercial Register: Local court 32545 Bad Oeynhausen
under: HRB
7399
Share capital: EUR 550,000.00
Opcon AG
Hauptstr. 53
CH 4127 Birsfelden
Legal form: Other legal
form
Share: EUR 380,650.00
Shareholder:
Ernst Otto Schäfer
Ernst-Barlach-Weg 4
D 32549 Bad Oeynhausen
born: 20.04.1956
Share: EUR 56,450.00
Shareholder:
Frank Eickmeier
Goltzstr. 14
D 32051 Herford
born: 11.06.1960
Share: EUR 56,450.00
Shareholder:
Ernst August Knollmann
Bünder Str. 177
D 32584 Löhne
born: 30.01.1953
Share: EUR 56,450.00
Manager:
Ernst Otto Schäfer
Ernst-Barlach-Weg 4
D 32549 Bad Oeynhausen
authorized to jointly
represent the company
born: 20.04.1956
Profession: Businessman
Manager:
Frank Eickmeier
Goltzstr. 14
D 32051 Herford
authorized to jointly
represent the company
born: 11.06.1960
Proxy:
Ernst August Knollmann
Bünder Str. 177
D 32584 Löhne
authorized to jointly
represent the company
born: 30.01.1953
30.05.1997 - 08.01.2002 Jeans Fritz Handelsgesellschaft für Mode
mbH
Poststr. 22
D 32584 Löhne
Private limited company
12.08.1999 - 04.01.2011 Manager
Hans-Joachim Kühn
D 33719 Bielefeld
Main industrial sector
47710 Retail
sale of clothing
Branch:
Jeans Fritz
Handelsgesellschaft für Mode mbH
Potsdamer Str. 148a
D 33719 Bielefeld
Branch:
Jeans Fritz Handelsgesellschaft
für Mode mbH
Friedrichstr. 129-133
D 40217 Düsseldorf
TEL.: 0211/30126722
Branch:
Jeans Fritz
Handelsgesellschaft für Mode mbH
Bahnhofstr. D 33602 Bielefeld
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Balance sheet year: 2012
Type of ownership: proprietor
Share:
100.00 %
Address Tengerner Str. 143
D 32609 Hüllhorst
Land register documents were not available.
Principal banks
STADTSPARKASSE BAD OEYNHAUSEN, BAD OEYNHAUSEN
Sort.
code: 49051285, Account no.: 493999, BIC: WELADED1OEH SPARKASSE HERFORD, HERFORD
Sort. code: 49450120, Account no.: 220267265,
BIC: WLAHDE44XXX
Further bank
COMMERZBANK, HERFORD
Sort. code: 49440043, Account no.: 2580900,
BIC: COBADEFF494
Turnover: 2011 EUR 122,607,371.00
2012 EUR 127,033,069.00
Profit: 2011 EUR 433,753.00
2012 EUR
1,179,783.00
further business figures:
Equipment: EUR 7,582,711.00
Ac/ts receivable: EUR 1,036,789.00
Liabilities: EUR 11,834,502.00
Employees:
1,042
-
Trainees:
178
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 47.89
Liquidity ratio: 0.34
Return on total capital [%]: 3.65
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 48.24
Liquidity ratio: 0.19
Return on total capital [%]: 1.46
Balance
sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 48.75
Liquidity ratio: 0.70
Return on total capital [%]: 13.08
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 47.14
Liquidity ratio: 0.13
Return on total capital [%]: 6.09
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: 01.01.2012 - 31.12.2012
ASSETS EUR 32,352,686.31
Fixed assets
EUR 10,511,129.06
Intangible assets
EUR 199,999.79
Concessions, licences, rights
EUR 199,999.79
Tangible assets
EUR 10,311,129.27
Land / similar rights
EUR 2,728,418.25
Other tangible assets / fixtures and
fittings
EUR 7,582,711.02
Current assets
EUR 21,818,777.80
Stocks
EUR 11,953,100.00
Finished goods / work in progress
EUR 11,953,100.00
Accounts receivable
EUR 1,036,789.44
Trade debtors
EUR 162,654.04
Other debtors and assets
EUR 874,135.40
Liquid
means EUR 8,828,888.36
Remaining other assets
EUR 22,779.45
Accruals (assets)
EUR 22,779.45
LIABILITIES EUR 32,352,686.31
Shareholders' equity
EUR 15,493,967.38
Capital
EUR 550,000.00
Subscribed capital (share capital)
EUR 550,000.00
Reserves
EUR 7,583,110.28
Capital reserves
EUR 772,604.34
Retained earnings / revenue reserves EUR 6,810,505.94
Balance sheet profit/loss (+/-)
EUR 7,360,857.10
Profit / loss brought forward EUR 6,181,073.63
Annual surplus / annual deficit
EUR 1,179,783.47
Provisions
EUR 4,908,345.00
Provisions for taxes
EUR 254,214.00
Other / unspecified provisions
EUR 4,654,131.00
Liabilities
EUR 11,834,501.80
Financial debts
EUR 2,667,383.39
Liabilities due to banks
EUR 2,667,383.39
Other liabilities
EUR 9,167,118.41
Trade creditors (for IAS incl. bills
of exchange)
EUR 4,860,641.53
Liabililties due to related companiesEUR 2,204.53
Unspecified other liabilities
EUR 4,304,272.35
thereof liabilities from tax /
financial authorities
EUR 2,134,963.99
Other liabilities
EUR 115,872.13
Deferrals (liabilities)
EUR 115,872.13
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales
EUR 127,033,068.52
Inventory change + own costs (+/-)
EUR 67,000.00
Inventory change (+/-)
EUR 67,000.00
Other operating income
EUR 1,616,945.98
Cost of materials
EUR 52,295,576.41
Raw materials and supplies, purchased
goods EUR 52,295,576.41
Gross result (+/-)
EUR 76,421,438.09
Staff expenses
EUR 33,882,997.51
Wages and salaries
EUR 28,230,862.07
Social security contributions and
expenses for pension plans and
benefits
EUR 5,652,135.44
Total depreciation
EUR 2,611,475.15
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 2,611,475.15
Other operating expenses
EUR 37,335,302.53
Operating result from continuing
operations
EUR 2,591,662.90
Interest result (+/-)
EUR -250,634.83
Interest and similar income
EUR 16,205.13
Interest and similar expenses
EUR 266,839.96
Financial result (+/-)
EUR -250,634.83
Result from ordinary operations (+/-)
EUR 2,341,028.07
Income tax / refund of income tax (+/-)EUR -1,130,046.33
Other taxes / refund of taxes
EUR -31,198.27
Tax (+/-)
EUR -1,161,244.60
Annual surplus / annual deficit
EUR 1,179,783.47
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2011 - 31.12.2011
ASSETS EUR 29,671,874.06
Fixed assets
EUR 10,456,029.54
Intangible assets
EUR 268,837.55
Concessions, licences, rights
EUR 268,837.55
Tangible assets
EUR 10,187,191.99
Land / similar rights
EUR 2,794,860.64
Other tangible assets / fixtures and
fittings
EUR 7,392,331.35
Current assets
EUR 19,015,558.48
Stocks EUR 13,000,400.00
Finished goods / work in progress
EUR 13,000,400.00
Accounts receivable
EUR 1,174,945.67
Trade debtors
EUR 35,199.56
Amounts due from related companies
EUR 40,390.98
Other debtors and assets
EUR 1,099,355.13
Liquid means
EUR 4,840,212.81
Remaining other assets
EUR 200,286.04
Accruals (assets)
EUR 200,286.04
LIABILITIES EUR 29,671,874.06
Shareholders' equity
EUR 14,314,183.91
Capital EUR 550,000.00
Subscribed capital (share capital)
EUR 550,000.00
Reserves
EUR 7,438,525.99
Capital reserves
EUR 823,941.37
Retained earnings / revenue reserves EUR 6,614,584.62
Balance sheet profit/loss (+/-)
EUR 6,325,657.92
Profit / loss brought forward
EUR 5,891,905.05
Annual surplus / annual deficit
EUR 433,752.87
Provisions EUR 4,276,148.26
Provisions for taxes
EUR 446,453.26
Other / unspecified provisions
EUR 3,829,695.00
Liabilities
EUR 10,948,369.72
Financial debts
EUR 2,770,247.37
Liabilities due to banks
EUR 2,770,247.37
Other liabilities
EUR 8,178,122.35
Trade creditors (for IAS incl. bills
of
exchange)
EUR 3,710,400.97
Liabililties due to related companiesEUR 1,191.68
Unspecified other liabilities
EUR 4,466,529.70
thereof liabilities from tax /
financial authorities
EUR 2,416,557.94
Other liabilities
EUR 133,172.17
Deferrals (liabilities)
EUR 133,172.17
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales
EUR 122,607,370.87
Inventory change + own costs (+/-)
EUR 79,000.00
Capitalised own costs
EUR 79,000.00
Other operating income
EUR 1,411,100.48
Cost of materials
EUR 52,015,538.73
Raw materials and supplies, purchased
goods
EUR 52,015,538.73
Gross result (+/-)
EUR 72,081,932.62
Staff expenses EUR 32,901,771.15
Wages and salaries
EUR 27,170,030.10
Social security contributions and
expenses for pension plans and
benefits
EUR 5,731,741.05
Total depreciation
EUR 2,017,643.39
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 2,017,643.39
Other operating expenses EUR 35,609,650.97
Operating result from continuing
operations
EUR 1,552,867.11
Interest result (+/-)
EUR -196,299.91
Interest and similar income
EUR 44,323.08
thereof from related companies
EUR 3,875.00
Interest and similar expenses
EUR 240,622.99
Financial result (+/-)
EUR -196,299.91
Result from ordinary operations (+/-)
EUR 1,356,567.20
Income tax / refund of income tax (+/-)EUR -892,802.40
Other taxes / refund of taxes
EUR -30,011.93
Tax (+/-)
EUR -922,814.33
Annual surplus / annual deficit
EUR 433,752.87
|
Report Date : |
28.02.2013 |
IDENTIFICATION DETAILS
|
Correct Name : |
JEANS FRITZ HANDELSGESELLSCHAFT FÜR MODE MBH |
|
|
|
|
Registered Office : |
Tengerner Str. 143, D 32609 Hüllhorst, Post Box 2016, D 32606
Hüllhorst |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
01.05.1997 |
|
|
|
|
Com. Reg. No.: |
HRB 7399 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Retail
sale of clothing |
|
|
|
|
No. of Employees : |
1,068 |
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 (31.03.2012) |
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 |
Jeans Fritz Handelsgesellschaft für Mode mbH
Tengerner Str. 143
D 32609 Hüllhorst
Post Box:
2016, D 32606 Hüllhorst
Telephone: 05744/512-0
Telefax: 05744/512-111
Homepage: www.jeans-fritz.de
E-mail: info@jeans-fritz.de
DE812196694
Business relations
are permissible.
LEGAL FORM Private limited company
Date of foundation: 1997
Begin of business
activities: 01.05.1997
Shareholders'
agreement: 28.04.1997
Registered on: 08.01.2002
Commercial Register: Local
court 32545 Bad Oeynhausen
under: HRB 7399
Share capital:
EUR 550,000.00
Opcon AG
Hauptstr. 53
CH 4127 Birsfelden
Legal form: Other legal form
Share: EUR 380,650.00
Shareholder:
Ernst Otto Schäfer
Ernst-Barlach-Weg 4
D 32549 Bad Oeynhausen
born: 20.04.1956
Share: EUR 56,450.00
Shareholder:
Frank Eickmeier
Goltzstr. 14
D 32051 Herford
born: 11.06.1960
Share: EUR 56,450.00
Shareholder:
Ernst August Knollmann
Bünder Str. 177
D 32584 Löhne
born: 30.01.1953
Share: EUR 56,450.00
Ernst Otto Schäfer
Ernst-Barlach-Weg 4
D 32549 Bad Oeynhausen
authorized to jointly represent the company
born: 20.04.1956
Profession: Businessman
Manager:
Frank Eickmeier
Goltzstr. 14
D 32051 Herford
authorized to jointly represent
the company
born: 11.06.1960
Ernst August Knollmann
Bünder Str. 177
D 32584 Löhne
authorized to jointly represent the company
born: 30.01.1953
30.05.1997
- 08.01.2002 Jeans Fritz
Handelsgesellschaft für Mode
mbH
Poststr. 22
D 32584 Löhne
Private limited
company
12.08.1999 - 04.01.2011 Manager
Hans-Joachim Kühn
D 33719 Bielefeld
Sectors
47710
Retail sale of clothing
Branch:
Jeans Fritz
Handelsgesellschaft für Mode mbH
Potsdamer Str. 148a
D 33719 Bielefeld
Branch:
Jeans Fritz
Handelsgesellschaft für Mode mbH
Friedrichstr. 129-133
D 40217 Düsseldorf
TEL.: 0211/30126722
Branch:
Jeans Fritz
Handelsgesellschaft für Mode mbH
Bahnhofstr.
D 33602 Bielefeld
Payment experience: within
agreed terms
Negative information: We
have no negative information at hand.
Balance sheet year: 2011
Type of ownership: proprietor
Share: 100.00 %
Address Tengerner Str. 143
D 32609
Hüllhorst
Land register documents were not available.
Principal banks
STADTSPARKASSE BAD OEYNHAUSEN, BAD OEYNHAUSEN
Sort. code: 49051285, Account no.: 493999, BIC: WELADED1OEH
SPARKASSE HERFORD, HERFORD
Sort. code: 49450120, Account no.: 220267265, BIC: WLAHDE44XXX
Further bank
COMMERZBANK, HERFORD
Sort. code: 49440043, Account no.: 2580900, BIC: COBADEFF494
Turnover: 2011 EUR 122,607,371.00
2012 EUR 83,410,000.00
Profit: 2011 EUR 433,753.00
further business figures:
Equipment: EUR 7,392,331.00
Ac/ts receivable: EUR 1,174,946.00
Liabilities: EUR 10,948,370.00
Employees:
1,068
- Trainees:
190
Balance sheet ratios
01.01.2011 - 31.12.2011
Equity ratio [%]: 48.24
Liquidity ratio: 0.19
Return on total capital
[%]: 1.46
Balance sheet ratios
01.01.2010 - 31.12.2010
Equity ratio [%]: 48.75
Liquidity ratio: 0.70
Return on total capital
[%]: 13.08
Balance sheet ratios
01.01.2009 - 31.12.2009
Equity ratio [%]: 47.14
Liquidity ratio: 0.13
Return on total capital
[%]: 6.09
Balance sheet ratios
01.01.2008 - 31.12.2008
Equity ratio [%]: 49.34
Liquidity ratio: 0.31
Return on total capital
[%]: 9.63
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 29,671,874.06
Fixed assets EUR 10,456,029.54
Intangible assets EUR 268,837.55
Concessions, licences,
rights EUR 268,837.55
Tangible assets EUR 10,187,191.99
Land / similar
rights EUR 2,794,860.64
Other tangible assets /
fixtures and
fittings EUR 7,392,331.35
Current assets EUR 19,015,558.48
Stocks EUR 13,000,400.00
Finished goods / work in
progress EUR 13,000,400.00
Accounts receivable EUR 1,174,945.67
Trade debtors EUR 35,199.56
Amounts due from related
companies EUR 40,390.98
Other debtors and
assets EUR 1,099,355.13
Liquid means EUR 4,840,212.81
Remaining other
assets EUR 200,286.04
Accruals (assets) EUR 200,286.04
LIABILITIES EUR 29,671,874.06
Shareholders' equity EUR 14,314,183.91
Capital EUR 550,000.00
Subscribed capital
(share capital) EUR 550,000.00
Reserves EUR 7,438,525.99
Capital reserves EUR 823,941.37
Retained earnings /
revenue reserves EUR
6,614,584.62
Balance sheet profit/loss
(+/-) EUR 6,325,657.92
Profit / loss brought
forward EUR 5,891,905.05
Annual surplus / annual
deficit EUR 433,752.87
Provisions EUR 4,276,148.26
Provisions for taxes EUR 446,453.26
Other / unspecified
provisions EUR 3,829,695.00
Liabilities EUR 10,948,369.72
Financial debts EUR 2,770,247.37
Liabilities due to
banks EUR 2,770,247.37
Other liabilities EUR 8,178,122.35
Trade creditors (for IAS
incl. bills
of exchange) EUR 3,710,400.97
Liabililties due to
related companiesEUR
1,191.68
Unspecified other
liabilities EUR 4,466,529.70
thereof liabilities
from tax /
financial authorities EUR 2,416,557.94
Other liabilities EUR 133,172.17
Deferrals
(liabilities) EUR 133,172.17
PROFIT AND LOSS ACCOUNT
(cost-summary method) according to Comm.
Code (HGB)
Sales EUR 122,607,370.87
Inventory change + own
costs (+/-) EUR 79,000.00
Capitalised own
costs EUR 79,000.00
Other operating
income EUR 1,411,100.48
Cost of materials EUR 52,015,538.73
Raw materials and
supplies, purchased
goods EUR 52,015,538.73
Gross result (+/-) EUR 72,081,932.62
Staff expenses EUR 32,901,771.15
Wages and salaries EUR 27,170,030.10
Social security
contributions and
expenses for pension
plans and
benefits EUR 5,731,741.05
Total depreciation EUR 2,017,643.39
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 2,017,643.39
Other operating
expenses EUR 35,609,650.97
Operating result from
continuing
operations EUR 1,552,867.11
Interest result (+/-) EUR -196,299.91
Interest and similar
income EUR 44,323.08
thereof from related
companies EUR 3,875.00
Interest and similar
expenses EUR 240,622.99
Financial result
(+/-) EUR -196,299.91
Result from ordinary operations
(+/-) EUR 1,356,567.20
Income tax / refund of
income tax (+/-)EUR -892,802.40
Other taxes / refund of
taxes EUR -30,011.93
Tax (+/-) EUR -922,814.33
Annual surplus / annual
deficit EUR 433,752.87
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 34,161,694.44
Fixed assets EUR 10,729,541.62
Intangible assets EUR 114,135.70
Concessions, licences,
rights EUR 114,135.70
Tangible assets EUR 10,615,405.92
Land / similar rights EUR 2,789,825.01
Other tangible assets /
fixtures and
fittings EUR 7,825,580.91
Current assets EUR 23,399,306.43
Stocks EUR 12,997,000.00
Finished goods / work in
progress EUR 12,997,000.00
Accounts receivable EUR 2,741,374.39
Trade debtors EUR 14,652.76
Amounts due from related
companies EUR 2,000,777.78
Other debtors and
assets EUR 725,943.85
Liquid means EUR 7,660,932.04
Remaining other
assets EUR 32,846.39
Accruals (assets) EUR 32,846.39
LIABILITIES EUR 34,161,694.44
Shareholders' equity EUR 16,683,991.04
Capital EUR 549,843.29
Subscribed capital
(share capital) EUR 549,843.29
Reserves EUR 7,755,323.29
Capital reserves EUR 823,941.37
Retained earnings /
revenue reserves EUR
6,931,381.92
Balance sheet profit/loss
(+/-) EUR 8,378,824.46
Profit / loss brought
forward EUR 3,918,066.22
Annual surplus / annual
deficit EUR 4,460,758.24
Provisions EUR 5,737,663.56
Provisions for taxes EUR 1,263,621.14
Other / unspecified
provisions EUR 4,474,042.42
Liabilities EUR 11,589,567.63
Financial debts EUR 2,827,071.34
Liabilities due to
banks EUR 2,827,071.34
Other liabilities EUR 8,762,496.29
Trade creditors (for IAS
incl. bills
of exchange) EUR 3,985,013.32
Liabililties due to
related companiesEUR
624,470.05
Unspecified other
liabilities EUR 4,153,012.92
thereof liabilities
from tax /
financial
authorities EUR 2,160,479.67
Other liabilities EUR 150,472.21
Deferrals
(liabilities) EUR 150,472.21
PROFIT AND LOSS ACCOUNT
(cost-summary method) according to Comm.
Code (HGB)
Sales EUR 126,373,258.60
Inventory change + own
costs (+/-) EUR 73,500.00
Capitalised own
costs EUR 73,500.00
Other operating
income EUR 2,580,140.06
Cost of materials EUR 51,594,235.28
Raw materials and
supplies, purchased
goods EUR 51,594,235.28
Gross result (+/-) EUR 77,432,663.38
Staff expenses EUR 33,301,269.72
Wages and salaries EUR 27,796,228.06
Social security
contributions and
expenses for pension
plans and
benefits EUR 5,505,041.66
Total depreciation EUR 1,989,454.19
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 1,989,454.19
Other operating
expenses EUR 35,145,206.04
Operating result from
continuing
operations EUR 6,996,733.43
Interest result (+/-) EUR -29,771.49
Interest and similar
income EUR 171,468.52
thereof from related
companies EUR 777.78
Interest and similar
expenses EUR 201,240.01
Financial result
(+/-) EUR -29,771.49
Result from ordinary
operations (+/-) EUR 6,966,961.94
Income tax / refund of
income tax (+/-)EUR -2,467,110.34
Other taxes / refund of
taxes EUR -39,093.36
Tax (+/-) EUR -2,506,203.70
Annual surplus / annual
deficit EUR
4,460,758.24
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.57.74 |
|
UK Pound |
1 |
Rs.90.64 |
|
Euro |
1 |
Rs.77.02 |
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.