|
Report Date : |
09.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
ANTHON GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG |
|
|
|
|
Registered Office : |
Schäferweg
5, D 24941 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Year of Establishment : |
1865 |
|
|
|
|
Legal Form : |
Private limited company |
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|
|
|
Line of Business : |
·
Manufacture
of other general-purpose machinery · Wholesale of other machinery |
|
|
|
|
No of Employees : |
132 |
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 |
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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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate 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 |
Anthon
Gesellschaft mit beschränkter Haftung
Schäferweg
5
D 24941
Flensburg
Telephone:0461/58030
Telefax: 0461/5803-40
Homepage:
www.anthon.de
E-mail: info@anthon.de
Active
DE814162106
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1865
Begin of business
activities: 1865
Registered on: 24.09.1963
Commercial Register: Local
court 24937
under: HRB
7 FL
Share capital: EUR 800,000.00
Shareholder:
Klaus Jürgen Lange
Fördeblick 5
D 24944 Flensburg
born: 06.12.1942
Share: EUR 600,000.00
Shareholder:
Ove Lange
Wrangelstr. 10a
D 24937 Flensburg
born: 06.03.1973
Share: EUR 200,000.00
Manager:
Klaus Jürgen Lange
Fördeblick 5
D 24944 Flensburg
having sole power of
representation
born: 06.12.1942
Profession: Engineer
Marital status: married
Manager:
Ove Lange
Wrangelstr. 10a
D 24937 Flensburg
having sole power of representation
born: 06.03.1973
Profession: Businessman
Marital status: married
Proxy:
Heino Wessels
D 24955 Harrislee
having sole power of
representation
born: 15.05.1953
Profession: Businessman
Further functions/participations of Klaus
Jürgen Lange (Manager)
Limited partner:
Anthon GmbH & Co.
Maschinenfabrik
Schäferweg 5
D 24941 Flensburg
Post Box:
1124, D 24901 Flensburg
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 245,420.10
contribution:
Share: EUR 184,065.07
Registered
on: 16.10.1979
Reg. data: 24937 Flensburg, HRA 2329 FL
Shareholder:
Biogas Wollup GmbH
Hauptstr. 6
D 15324 Letschin
Legal form: Private
limited company
Share capital: EUR 825,000.00
Share: EUR 412,500.00
Registered
on: 27.01.2011
Reg. data: 15236 Frankfurt, HRB 13363 FF
Shareholder:
Anthon Maschinenfabrik
Verwaltungs GmbH
Schäferweg 5
D 24941 Flensburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 18,750.00
Registered
on: 07.12.2004
Reg. data: 24937 Flensburg, HRB 5056 FL
Manager:
Anthon Maschinenfabrik
Verwaltungs GmbH
Schäferweg 5
D 24941 Flensburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 07.12.2004
Reg. data: 24937 Flensburg, HRB 5056 FL
Manager:
Biogas Wollup GmbH
Hauptstr. 6
D 15324 Letschin
Legal form: Private
limited company
Share capital: EUR 825,000.00
Registered
on: 27.01.2011
Reg. data: 15236 Frankfurt, HRB 13363 FF
Further functions/participations of Ove Lange
(Manager)
Limited partner:
Anthon GmbH & Co.
Maschinenfabrik
Schäferweg 5
D 24941 Flensburg
Post Box:
1124, D 24901 Flensburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 245,420.10
contribution:
Share: EUR 61,355.03
Registered
on: 16.10.1979
Reg. data: 24937 Flensburg, HRA 2329 FL
Shareholder:
Anthon Maschinenfabrik
Verwaltungs GmbH
Schäferweg 5
D 24941 Flensburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 6,250.00
Registered
on: 07.12.2004
Reg. data: 24937 Flensburg, HRB 5056 FL
Manager:
Anthon Maschinenfabrik
Verwaltungs GmbH
Schäferweg 5
D 24941 Flensburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 07.12.2004
Reg. data: 24937 Flensburg, HRB 5056 FL
Main industrial sector
28290 Manufacture of other general-purpose
machinery
46692 Wholesale of other machinery
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
The maximum credit is our recommendation for
the
maximum credit limit for the inquired
company.
Balance sheet year: 2012
Type of ownership: Tenant
Address Schäferweg
5
D 24941 Flensburg
Real Estate of: Klaus Jürgen Lange
Type of ownership: proprietor
Share: 100.00 %
Address Fördeblick
5
D 24944 Flensburg
Type of real estate: detached single-family house
Real Estate of: Ove
Lange
Type of ownership: unknown
Address Wrangelstr.
10a
D 24937 Flensburg
Land register documents were not available.
NORD-OSTSEE SPARKASSE, 24910 FLENSBURG
Sort. code: 21750000
BIC: NOLADE21NOS
DEUTSCHE BANK, 24904 FLENSBURG
Sort. code: 21570011
BIC: DEUTDEHH215
HSH NORDBANK HAMBURG, KIEL, 24100 KIEL
Sort. code: 21050000
BIC: HSHNDEHHXXX
Gross profit or loss: 2012 EUR 10,688,331.00
Profit:
2012 EUR 845,097.00
Equipment: EUR 223,518.00
Ac/ts receivable: EUR 8,592,262.00
Liabilities: EUR 5,592,817.00
Employees:
132
- thereof permanent staff: 98
- Trainees:
19
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 34.54
Liquidity ratio: 2.25
Return on total capital [%]: 6.10
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 44.32
Liquidity ratio: 2.17
Return on total capital [%]: 10.05
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 51.04
Liquidity ratio: 6.20
Return on total capital [%]: 19.37
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 49.43
Liquidity ratio: 10.00
Return on total capital [%]: 7.67
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.
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.
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 14,109,992.04
Fixed assets EUR 2,869,031.60
Intangible assets EUR 359,391.00
Tangible assets EUR 2,364,475.00
Plant / machinery EUR 2,140,957.00
Other tangible assets /
fixtures and
fittings EUR 223,518.00
Financial assets EUR 145,165.60
Other / unspecified
financial assets EUR 145,165.60
Current assets EUR 11,201,308.20
Stocks EUR 905,616.29
Accounts receivable EUR 8,592,262.46
Liquid means EUR 1,703,429.45
Remaining other
assets EUR 39,652.24
Accruals (assets) EUR 39,652.24
LIABILITIES EUR 14,109,992.04
Shareholders' equity EUR 4,783,849.08
Capital EUR 800,000.00
Subscribed capital
(share capital) EUR 800,000.00
Reserves EUR 1,300,000.00
Retained earnings /
revenue reserves EUR
1,300,000.00
Balance sheet profit/loss
(+/-) EUR 2,683,849.08
Balance sheet profit /
loss EUR 2,683,849.08
Items between
shareholders' equity and
debt capital EUR 307,654.25
Allowances / bonuses EUR 307,654.25
Provisions EUR 3,187,071.27
Liabilities EUR 5,592,817.44
Other liabilities EUR 238,600.00
Deferred taxes (not
included under
provisions/liabilities)
EUR 238,600.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-) EUR 10,688,331.01
Staff expenses EUR 6,321,261.80
Wages and salaries EUR 5,383,921.97
Social security
contributions and
expenses for pension
plans and
benefits EUR 937,339.83
Total depreciation EUR 413,998.71
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 413,998.71
Other operating
expenses EUR 2,549,205.62
Operating result from
continuing
operations EUR 1,403,864.88
Interest result (+/-) EUR -154,611.79
Interest and similar
income EUR 29,686.18
Interest and similar
expenses EUR 184,297.97
Other financial
result EUR -25,000.00
Depreciation on financial
assets and
marketable securities EUR 25,000.00
Financial result
(+/-) EUR -179,611.79
Result from ordinary
operations (+/-) EUR 1,224,253.09
Other extraordinary
income EUR -13,500.00
Income tax / refund of
income tax (+/-)EUR -360,947.79
Other taxes / refund of
taxes EUR -4,708.34
Tax (+/-) EUR -365,656.13
Annual surplus / annual
deficit EUR 845,096.96
Type of balance sheet: Company
balance sheet
Financial year: 01.01.2011
- 31.12.2011
ASSETS EUR 11,316,058.44
Fixed assets EUR 3,242,197.69
Intangible assets EUR 397,930.00
Other / unspecified
intangible assetsEUR
397,930.00
Tangible assets EUR 2,698,352.00
Plant / machinery EUR 2,428,774.00
Other tangible assets /
fixtures and
fittings EUR 269,578.00
Financial assets EUR 145,915.69
Other / unspecified
financial assets EUR
145,915.69
Current assets EUR 8,065,880.75
Stocks EUR 625,601.61
Accounts receivable EUR 7,310,972.66
Other debtors and
assets EUR 7,310,972.66
Liquid means EUR 129,306.48
Remaining other
assets EUR 7,980.00
Accruals (assets) EUR 7,980.00
LIABILITIES EUR 11,316,058.44
Shareholders' equity EUR 4,498,345.12
Capital EUR 800,000.00
Subscribed capital
(share capital) EUR 800,000.00
Reserves EUR 1,300,000.00
Retained earnings /
revenue reserves EUR
1,300,000.00
Balance sheet profit/loss
(+/-) EUR 2,398,345.12
Balance sheet profit /
loss EUR 2,398,345.12
Items between shareholders'
equity and
debt capital EUR 346,855.82
Allowances / bonuses EUR 346,855.82
Provisions EUR 2,293,104.87
Liabilities EUR 3,953,752.63
Other liabilities EUR 3,953,752.63
Unspecified other
liabilities EUR 3,953,752.63
Other liabilities EUR 224,000.00
Deferred taxes (not
included under
provisions/liabilities)
EUR 224,000.00
Guarantees and other
commitments EUR 581,250.00
Guarantees /
warranties EUR 581,250.00
Guarantees EUR 581,250.00
PROFIT AND
LOSS ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Gross result (+/-) EUR 10,728,877.89
Staff expenses EUR 5,691,563.97
Wages and salaries EUR 4,803,638.30
Social security
contributions and
expenses for pension
plans and
benefits EUR 887,925.67
Total depreciation EUR 376,339.70
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 376,339.70
Other operating
expenses EUR 2,789,527.36
Operating result from
continuing
operations EUR 1,871,446.86
Interest result (+/-) EUR -225,091.92
Interest and similar
income EUR 54,743.80
Interest and similar
expenses EUR 279,835.72
Other financial
result EUR -24,999.00
Depreciation on financial
assets and
marketable
securities EUR 24,999.00
Financial result
(+/-) EUR -250,090.92
Result from ordinary
operations (+/-) EUR 1,621,355.94
Other extraordinary
income EUR -13,500.00
Income tax / refund of
income tax (+/-)EUR -486,271.03
Other taxes / refund of
taxes EUR -3,806.00
Tax (+/-) EUR -490,077.03
Annual surplus / annual
deficit EUR 1,117,778.91
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 61.55 |
|
|
1 |
Rs. 103.50 |
|
Euro |
1 |
Rs. 82.41 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
DPT |
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.