|
Report Date : |
23.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
ATMOS MEDIZINTECHNIK GMBH & CO. KG |
|
|
|
|
Registered Office : |
Ludwig-Kegel-Str. 16, D 79853 Lenzkirch, Post Box: 11 60 |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
1900 |
|
|
|
|
Com. Reg. No.: |
HRA 320387 |
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|
|
|
Legal Form : |
Ltd partnership with priv. ltd.
company as general partner |
|
|
|
|
Line of Business : |
Manufacture of technical instruments
and supplies for medical purposes |
|
|
|
|
No. of Employees : |
187 |
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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, has
contributed to strong growth 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 5.3% in 2013. The new German
government introduced a minimum wage of $11 per hour to take effect in 2015.
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 and
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. 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 |
ATMOS MEDIZINTECHNIK GMBH & CO. KG
Company Status: active
Ludwig-Kegel-Str. 16
D 79853 Lenzkirch
Post Box:
11
60
Telephone:07653/689-0
Telefax:
07653/689-190
Homepage:
www.atmosmed.de
E-mail: atmos@atmosmed.de
VAT no.: DE142504272
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 1900
Registered on: 11.06.1986
Register of
companies: Local
court 79098 Freiburg
under: HRA
320387
Total cap. contribution: EUR 210,000.00
Limited
partner:
Gerlinde Greiser
Königsberger Str. 13
D 79761 Waldshut-Tiengen
born: 13.07.1952
Share: EUR 94,500.00
Limited
partner:
Peter Greiser
Königsberger Str. 13
D 79761 Waldshut-Tiengen
born: 14.08.1950
Share: EUR 52,500.00
Limited
partner:
Maik Greiser
Neubergweg 26
D 79761 Waldshut-Tiengen
born: 26.08.1976
Share: EUR 31,500.00
Limited
partner:
Frank Greiser
Neubergweg 26a
D 79761 Waldshut-Tiengen
born: 01.10.1981
Share: EUR 31,500.00
General
partner:
ATMOS Medizintechnik
Beteiligungsgesellschaft
mbH
Ludwig-Kegel-Str. 12 ,
14-16 ,
18
D 79853 Lenzkirch
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered on: 13.02.1986
Reg. data: 79098 Freiburg, HRB 320161
Shareholder:
ATMOS Greiser Holding
GmbH
Ludwig-Kegel-Str. 16
D 79853 Lenzkirch
Legal form: Private
limited company
Share capital: EUR 1,200,000.00
Share: EUR 27,100.00
Registered on: 04.10.1979
Reg. data: 79098
Freiburg, HRB 320496
Shareholder:
Gerlinde Greiser
Königsberger Str. 13
D 79761 Waldshut-Tiengen
born: 13.07.1952
née: Gantert
Share: EUR 1,250.00
Shareholder:
Peter Greiser
Königsberger Str. 13
D 79761 Waldshut-Tiengen
born: 14.08.1950
Share: EUR 750.00
Shareholder:
Maik Greiser
Neubergweg 26
D 79761 Waldshut-Tiengen
born: 26.08.1976
Share: EUR 450.00
Shareholder:
Frank Greiser
Neubergweg 26a
D 79761 Waldshut-Tiengen
born: 01.10.1981
Share: EUR 450.00
Manager:
Peter Greiser
Königsberger Str. 13
D 79761 Waldshut-Tiengen
having sole power of
representation
born: 14.08.1950
Profession: Electrical
engineer
Marital status:
married
Manager:
Gerlinde Greiser
Königsberger Str. 13
D 79761 Waldshut-Tiengen
having sole power of
representation
born: 13.07.1952
née: Gantert
Marital status: married
Manager:
Maik Greiser
Neubergweg 26
D 79761 Waldshut-Tiengen
having sole power of
representation
born: 26.08.1976
Manager:
Frank Greiser
Neubergweg 26a
D 79761 Waldshut-Tiengen
having sole power of
representation
born: 01.10.1981
Proxy:
Walter Baschnagel
D 79780 Stühlingen
authorized to jointly
represent the company
born: 02.07.1956
Proxy:
Ulrich Mück
D 79761 Waldshut-Tiengen
authorized to jointly
represent the company
born: 10.06.1957
11.06.1986 - 25.10.2010 Atmos Medizintechnik GmbH & Co. KG
Ludwig-Kegel-Str. 16
D 79853 Lenzkirch
Ltd partnership with
priv. ltd. company
as general partner
25.10.2010 - 30.08.2012 ATMOS MedizinTechnik GmbH & Co. KG
Ludwig-Kegel-Str. 12
, 14-16 ,
D 79853 Lenzkirch
Ltd partnership with
priv. ltd. company
as general partner
Main industrial
sector
32501
Manufacutre of technical instruments and supplies for medical purposes
n.e.c.
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2012
Type of ownership: Tenant
Address Ludwig-Kegel-Str.
16
D 79853 Lenzkirch
Land register documents were not available.
Principal bank
COMMERZBANK VORMALS DRESDNER BANK, 79003 FREIBURG
IM BREISGAU
Sort. code: 68080030
BIC: DRESDEFF680
Further banks
DEUTSCHE BANK, 79004 FREIBURG IM BREISGAU
Sort. code: 68070030
BIC: DEUTDE6FXXX
SPARKASSE HOCHSCHWARZWALD, 79812
TITISEE-NEUSTADT
Sort. code: 68051004
BIC: SOLADES1HSW
Gross profit or loss: 2012
EUR 18,256,127.00
Profit: 2012 EUR 1,114,272.00
Ac/ts receivable: EUR
5,429,652.00
Liabilities: EUR 9,564,757.00
Employees:
187
- thereof permanent staff: 78
- Trainees:
12
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 34.62
Liquidity ratio: 0.80
Return on total capital [%]: 6.50
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 37.49
Liquidity ratio: 0.78
Return on total capital [%]: 7.87
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 36.77
Liquidity ratio: 0.58
Return on total capital [%]: 5.92
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 17,943,375.36
Fixed assets
EUR 6,869,017.23
Intangible assets
EUR 637,172.52
Tangible assets
EUR 6,231,844.71
Current assets
EUR 10,954,194.49
Stocks
EUR 3,648,382.05
Accounts receivable
EUR 5,429,651.50
Liquid means
EUR 1,876,160.94
Remaining other assets
EUR 120,163.64
Accruals (assets)
EUR 120,163.64
LIABILITIES EUR 17,943,375.36
Shareholders' equity
EUR 5,538,282.21
Capital
EUR 2,100,000.00
Limited partner's capital / capital
of partially liable partner (LP)
EUR 2,100,000.00
Reserves
EUR 3,438,282.21
Provisions
EUR 2,840,336.51
Liabilities
EUR 9,564,756.64
PROFIT AND
LOSS ACCOUNT (cost-summary method) according to Comm. Code (HGB)
Gross result (+/-)
EUR 18,256,126.77
Staff expenses
EUR 10,457,078.44
Wages and salaries
EUR 8,850,871.08
Social security contributions and
expenses for pension plans and
benefits
EUR 1,606,207.36
Total depreciation
EUR 714,072.65
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 714,072.65
Other operating expenses
EUR 5,413,615.34
Operating result from continuing
operations
EUR 1,671,360.34
Interest result (+/-)
EUR -198,016.57
Interest and similar income
EUR 46,256.77
thereof from related companies
EUR 37,066.26
Interest and similar expenses
EUR 244,273.34
thereof
paid to related companies EUR 1,800.00
Financial result (+/-)
EUR -198,016.57
Result from ordinary operations (+/-)
EUR 1,473,343.77
Extraordinary expenses
EUR 32,117.40
Extraordinary result (+/-)
EUR -32,117.40
Income tax / refund of income tax (+/-)EUR -303,550.35
Other taxes / refund of taxes
EUR -23,403.79
Tax (+/-)
EUR -326,954.14
Annual surplus / annual deficit
EUR 1,114,272.23
Type of
balance sheet: Company
balance sheet
Financial
year: 01.01.2011 - 31.12.2011
ASSETS EUR 16,188,332.62
Fixed assets
EUR 6,369,287.75
Intangible assets
EUR 298,180.18
Other / unspecified intangible assetsEUR 298,180.18
Tangible assets
EUR 6,071,107.57
Other / unspecified tangible assets
EUR 6,071,107.57
Current assets
EUR 9,763,777.65
Stocks
EUR 3,362,380.88
Accounts receivable EUR 5,288,910.47
Other debtors and assets
EUR 5,288,910.47
Liquid means
EUR 1,112,486.30
Remaining other assets
EUR 55,267.22
Accruals (assets) EUR 55,267.22
LIABILITIES EUR 16,188,332.62
Shareholders' equity
EUR 5,204,000.54
Capital
EUR 2,100,000.00
Limited partner's capital / capital
of partially liable partner (LP)
EUR 2,100,000.00
Reserves
EUR 3,104,000.54
Provisions
EUR 2,134,193.84
Liabilities EUR 8,850,138.24
Other liabilities
EUR 8,850,138.24
Unspecified other liabilities
EUR 8,850,138.24
PROFIT AND
LOSS ACCOUNT (cost-summary method) according to Comm. Code (HGB)
Gross result (+/-) EUR 16,520,252.28
Staff expenses
EUR 9,450,481.96
Wages and salaries
EUR 8,062,287.59
Social security contributions and
expenses for pension plans and
benefits
EUR 1,388,194.37
Total depreciation
EUR 718,803.27
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 718,803.27
Other operating expenses
EUR 4,469,357.86
Operating result from continuing
operations
EUR 1,881,609.19
Interest result (+/-)
EUR -211,715.41
Interest and similar income
EUR 78,202.57
thereof from related companies
EUR 69,688.33
Interest and similar expenses
EUR 289,917.98
thereof
paid to related companies EUR 1,800.00
Financial result (+/-)
EUR -211,715.41
Result from ordinary operations (+/-)
EUR 1,669,893.78
Extraordinary expenses
EUR 32,117.40
Extraordinary result (+/-)
EUR -32,117.40
Income tax / refund of income tax (+/-)EUR -380,543.84
Other taxes / refund of taxes
EUR -26,739.31
Tax (+/-)
EUR -407,283.15
Annual surplus / annual deficit
EUR 1,230,493.23
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.71 |
|
|
1 |
Rs.102.04 |
|
Euro |
1 |
Rs.83.77 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
NNA |
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.