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Report Date : |
07.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
VISIONATE INTERACTIVE INTERIORS GMBH |
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|
|
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Registered Office : |
Fuhrenweg 41a, D 31515 Wunstorf |
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|
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Country : |
Germany |
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|
|
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
30.10.2006 |
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|
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Com. Reg. No.: |
HRB 201103 |
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Legal Form : |
Private Limited Company |
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|
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Line of Business : |
Business and other management consultancy activities |
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|
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No. of Employees : |
Not available |
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 : |
Good |
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Payment Behaviour : |
Regular |
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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 (31.03.2012) |
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 |
visionate interactive interiors GmbH
Fuhrenweg 41a
D 31515 Wunstorf
Telephone:0511/1692980
Telefax: 0511/16929811
Homepage: www.visionate.de
E-mail: interior@visionate.com
Company Status: active
LEGAL FORM Private limited company
Date of foundation: 2006
Shareholders'
agreement: 04.10.2006
Registered on: 30.10.2006
Commercial Register: Local court 30175 Hannover
under: HRB 201103
Share capital: EUR 25,000.00
Bernd Hagemeister
Ferdinand-Wallbrecht-Str. 69
D 30163 Hannover
born: 25.01.1974
Share: EUR 24,000.00
Shareholder:
Anke Masuch
Ferdinand-Wallbrecht-Str. 69
D 30163 Hannover
born: 07.05.1979
Share: EUR 1,000.00
Bernd Hagemeister
Ferdinand-Wallbrecht-Str. 69
D 30163 Hannover
born: 25.01.1974
Further functions/participations of Bernd
Hagemeister (Manager)
Proprietor:
Bernd Hagemeister Medienberatung e.K.
Göttinger Chaussee 115
D 30459 Hannover
Legal form: Sole proprietorship
Registered
on: 08.02.2006
Reg. data: 30175 Hannover, HRA 200118
30.10.2006 - 15.09.2009 visionate interior GmbH
Leisewitzstr. 4
D 30175 Hannover
Private limited company
Sectors
70220 Business and other management consultancy activities
96090 Other service activities n. e. c.
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2011
Type of ownership: Tenant
Address Fuhrenweg 41a
D 31515 Wunstorf
Land register documents were not available.
A bank connection is unknown.
Profit: 2011 EUR 66,028.00
Ac/ts
receivable:
EUR 457,562.00
Liabilities: EUR 285,774.00
The number of
employees is not known.
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
[%]: 43.18
Liquidity
ratio: 1.84
Return on total
capital [%]: 12.65
Balance sheet ratios
01.01.2010 - 31.12.2010
Equity ratio
[%]: 21.80
Liquidity
ratio: 1.33
Return on total
capital [%]: 3.93
Balance sheet ratios
01.01.2009 - 31.12.2009
Equity ratio
[%]: 17.89
Liquidity
ratio: 1.17
Return on total
capital [%]: 7.15
Balance sheet ratios
01.01.2008 - 31.12.2008
Equity ratio
[%]: 5.40
Liquidity
ratio: 1.28
Return on total
capital [%]: 3.41
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 522,607.18
Fixed assets EUR 27,810.00
Intangible assets EUR 865.00
Other / unspecified intangible
assetsEUR 865.00
Tangible assets EUR 26,745.00
Other / unspecified tangible assets EUR 26,745.00
Financial assets EUR 200.00
Other / unspecified financial assets
EUR 200.00
Current assets EUR 494,797.18
Accounts receivable EUR 457,561.93
Other debtors and assets EUR
457,561.93
Liquid means EUR 37,235.25
LIABILITIES EUR 522,607.18
Shareholders' equity EUR 225,943.65
Capital EUR 15,000.00
Subscribed capital (share capital) EUR 25,000.00
thereof not yet paid-up capital EUR 25,000.00
thereof called EUR 15,000.00
thereof uncalled outstanding
contributions EUR 10,000.00
Balance sheet profit/loss (+/-) EUR 210,943.65
Profit / loss brought forward EUR 144,915.44
Annual surplus / annual deficit EUR
66,028.21
Provisions EUR 10,889.60
Liabilities EUR 285,773.93
Other liabilities EUR 285,773.93
Unspecified other liabilities EUR
285,773.93
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 719,605.50
Fixed assets EUR 38,198.00
Intangible assets EUR 5.00
Other / unspecified intangible
assetsEUR 5.00
Tangible assets EUR 37,993.00
Other / unspecified tangible assets EUR 37,993.00
Financial assets EUR 200.00
Other / unspecified financial assets
EUR 200.00
Current assets EUR 681,407.50
Accounts receivable EUR
580,745.39
Other debtors and assets EUR 580,745.39
Liquid means EUR 100,662.11
LIABILITIES EUR 719,605.50
Shareholders' equity EUR 159,915.44
Capital EUR 15,000.00
Subscribed capital (share capital) EUR 25,000.00
thereof not yet paid-up capital EUR 25,000.00
thereof called EUR 15,000.00
thereof uncalled outstanding
contributions EUR 10,000.00
Balance sheet profit/loss (+/-) EUR 144,915.44
Profit / loss brought forward EUR
116,764.47
Annual surplus / annual deficit EUR 28,150.97
Provisions EUR 24,380.18
Liabilities EUR 535,309.88
Other liabilities EUR
535,309.88
Unspecified other
liabilities EUR 535,309.88
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.71 |
|
UK Pound |
1 |
Rs.82.79 |
|
Euro |
1 |
Rs.71.43 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.