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Report Date : |
17.10.2013 |
IDENTIFICATION DETAILS
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Name : |
DVA HEALTH & NUTRITION GMBH |
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Registered Office : |
Stadthausbrücke 1-3, D 20355 Hamburg |
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Country : |
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Date of Incorporation : |
28.03.2007 |
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Com. Reg. No.: |
HRB 100925 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
·
Non-specialized
wholesale of food, beverages and tobacco Wholesaler of
pharmaceutical goods |
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No. of Employees : |
07 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 – 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 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 |
DVA Health & Nutrition GmbH
Stadthausbrücke 1-3
D 20355 Hamburg
Telephone :040/8222855
Telefax: 040/8222859975
E-mail: info@dvahn.com
active
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 28.03.2007
Shareholders'
agreement: 28.03.2007
Registered on: 07.05.2007
Commercial Register: Local
court 20355 Hamburg
under: HRB 100925
Share capital:
EUR 500,000.00
DVA International GmbH
Stadthausbrücke 1-3
D 20355 Hamburg
Post Box:
103006, D 20020 Hamburg
Legal form: Private limited company
Share capital: EUR 50,000.00
Share: EUR 500,000.00
Registered on: 07.05.2007
Reg. data: 20355 Hamburg, HRB 100926
Helmut Heins
Am Kuckuck 4
D 24568 Kattendorf
having sole power of representation
born: 25.09.1949
Profession: Businessman
Marital status: married
Manager:
Matthias Damm
Stadthausbrücke
D
20355 Hamburg
having
sole power of representation
born: 16.07.1968 in Hamburg
Profession: Businessman
Marital status: married
Peter Zimmermann
D 20095 Hamburg
authorized to jointly represent the company
born: 28.10.1967 in München
Further functions/participations
of Helmut Heins (Manager)
Shareholder:
Heins
Chemiehandelsgesellschaft mbH
Am
Kuckuck 4
D
24568 Kattendorf
Legal
form: Private limited company
dissolved by official decree
Share
capital: EUR 511,291.88
Share: EUR 511,291.88
Registered
on: 08.11.1994
Reg.
data: 24114 Kiel, HRB 3300 SE
Manager:
Heins
Chemiehandelsgesellschaft mbH
Am
Kuckuck 4
D
24568 Kattendorf
Legal
form: Private limited company
dissolved by official decree
Share
capital: EUR 511,291.88
Registered
on: 08.11.1994
Reg.
data: 24114 Kiel, HRB 3300 SE
Further
functions/participations of Matthias Damm (Manager)
Shareholder:
DVA
International GmbH
Stadthausbrücke 1-3
D
20355 Hamburg
Post Box:
103006, D 20020 Hamburg
Legal
form: Private limited company
Share
capital: EUR 50,000.00
Share: EUR 38,000.00
Registered
on: 07.05.2007
Reg.
data: 20355 Hamburg, HRB 100926
Manager:
DVA
Agro GmbH
Stadthausbrücke 1-3
D
20355 Hamburg
Legal
form: Private limited company
Share
capital: EUR 2,500,000.00
Registered
on: 22.10.1982
Reg.
data: 20355 Hamburg, HRB 29933
Manager:
DVA
Steel GmbH
Stadthausbrücke 1-3
D
20355 Hamburg
Legal
form: Private limited company
Share
capital: EUR 31,000.00
Registered
on: 07.05.2007
Reg.
data: 20355 Hamburg, HRB 100923
Manager:
DVA
Plastics GmbH
Stadthausbrücke 1-3
D 20355 Hamburg
Legal
form: Private limited company
Share
capital: EUR 80,000.00
Registered
on: 07.05.2007
Reg.
data: 20355 Hamburg, HRB 100924
Manager:
DVA
International GmbH
Stadthausbrücke 1-3
D
20355 Hamburg
Post
Box:
103006, D 20020 Hamburg
Legal form: Private limited company
Share
capital: EUR 50,000.00
Registered
on: 07.05.2007
Reg.
data: 20355 Hamburg, HRB 100926
Manager:
Handelsgesellschaft Detlef von Appen mbH
Stadthausbrücke 1-3
D
20355 Hamburg
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 22.10.2007
Reg.
data: 20355 Hamburg, HRB 102800
07.05.2007 -
16.10.2007 ALFRIE 13. Verwaltungs GmbH
Auf dem Königslande 96
D
22047 Hamburg
Private limited company
17.10.2007 -
30.11.2007 DVA Health & Nutrition
GmbH
Auf dem Königslande 96
D
22047 Hamburg
Private limited company
Sectors
·
4639 Non-specialized wholesale of food,
beverages and tobacco
46461
Wholesale of pharmaceutical goods
Payment experience: within
agreed terms
Negative information: We
have no negative information at hand.
Type of ownership: Tenant
Address Stadthausbrücke 1-3
D 20355 Hamburg
Real Estate of: Helmut
Heins
Type of ownership: proprietor
Share: 100.00 %
Address Am
Kuckuck 4
D 24568 Kattendorf
Type of real estate: detached single-family house
Real Estate of: Matthias
Damm
Type of ownership: unknown
Address Dammannweg
3
D 22609 Hamburg
Land register documents
were not available.
COMMERZBANK, HAMBURG
Sort. code: 20040000, BIC: COBADEHHXXX
Financial year: 01.01. - 31.12.
Share capital: EUR 500,000.00
Employees:
7
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.69 |
|
UK Pound |
1 |
Rs.98.59 |
|
Euro |
1 |
Rs.83.67 |
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 |
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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 |
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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 |
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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 |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.