|
Report Date : |
09.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
VOLKER GONSCHOREK & CO. GMBH HANDEL UND
BERATUNG |
|
|
|
|
Registered Office : |
Chausseestr.
11, D 15712 Königs Wusterhausen |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
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Date of Incorporation : |
10.02.1995 |
|
|
|
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Com. Reg. No.: |
HRB 9616 CB |
|
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|
Legal Form : |
Private
Limited Company |
|
|
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|
Line of Business : |
Wholesaler of clothing Subject product ranges includes: Shorts dungarees Trousers Collar
jacket |
|
|
|
|
No of Employees : |
45 |
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
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, 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 |
Note:
Your inquiry: Volker Gonschorek &
Co. GmbH Gelände Nissan, Nissanstr. 3, D 15926 Luckau. The subject of your
inquiry is a branch. We are reporting on the headquarters.
Volker Gonschorek &
Co. GmbH Handel und Beratung
Chausseestr.
11
D 15712
Königs Wusterhausen
Telephone: 03375/90430
Telefax: 03375/904399
Homepage:
www.qualitex-berufsbekleidung.de
E-mail: gonschorek_co.gmbh@t-online.de
DE170914518
049/121/01067
active
Business relations are permissible.
LEGAL
FORM Private limited company
Date of foundation: 10.02.1995
Shareholders'
agreement: 10.02.1995
Registered
on: 03.02.1997
Commercial Register: Local
court 03044 Cottbus
under: HRB 9616 CB
Share capital: EUR 25,564.59
Volker Gonschorek
Chausseestr. 11
D 15712 Königs Wusterhausen
born: 10.12.1963
Share: EUR 25,564.59
Volker Gonschorek
Chausseestr. 11
D 15712 Königs Wusterhausen
having sole power of representation
born: 10.12.1963
Profession: Businessman
Further
functions/participations of Volker Gonschorek (Manager)
Proprietor:
Volker
Gonschorek
Chausseestr. 11
D
15712 Königs Wusterhausen
Legal form: Unregistered commercial
enterprise
Limited partner:
SNL
Vermögensverwaltung UG
(haftungsbeschränkt) & Co. KG
Nissanstr. 3
D 15926 Luckau
Legal
form: Ltd.partners. w.entrepreneur
comp.(ltd.liability)gen.partner
Total
cap. EUR 100,000.00
contribution:
Share: EUR 49,000.00
Registered
on: 01.12.2010
Reg.
data: 03044 Cottbus, HRA 2125 CB
Shareholder:
VG
Vermögensverwaltungsgesellschaft mbH
Fürstenwalder Weg 11h
D
15711 Königs Wusterhausen
Legal
form: Private limited company
Share
capital: EUR 30,000.00
Share: EUR 30,000.00
Registered
on: 12.11.2010
Reg.
data: 03044 Cottbus, HRB 10997 CB
Shareholder:
SNL UG
(haftungsbeschränkt)
Nissanstr. 3
D
15926 Luckau
Legal
form: Entrepreneur Company (limited
liability)
Share
capital: EUR 10,000.00
Share: EUR 4,900.00
Registered
on: 09.11.2010
Reg.
data: 03044 Cottbus, HRB 8790 CB
Shareholder:
Sentimpex UG (haftungsbeschränkt)
Chausseestr. 11 OT Senzig
D
15711 Königs Wusterhausen
Legal
form: Entrepreneur Company (limited
liability)
Share
capital: EUR 500.00
Share: EUR 500.00
Registered
on: 20.10.2009
Reg.
data: 03044 Cottbus, HRB 10996 CB
Manager:
Sentimpex UG (haftungsbeschränkt)
Chausseestr. 11 OT Senzig
D
15711 Königs Wusterhausen
Legal
form: Entrepreneur Company (limited
liability)
Share capital: EUR 500.00
Registered
on: 20.10.2009
Reg.
data: 03044 Cottbus, HRB 10996 CB
Manager:
VG
Vermögensverwaltungsgesellschaft mbH
Fürstenwalder Weg 11h
D
15711 Königs Wusterhausen
Legal
form: Private limited company
Share
capital: EUR 30,000.00
Registered
on: 12.11.2010
Reg.
data: 03044 Cottbus, HRB 10997 CB
Manager:
SNL UG
(haftungsbeschränkt)
Nissanstr. 3
D
15926 Luckau
Legal form: Entrepreneur
Company (limited
liability)
Share
capital: EUR 10,000.00
Registered
on: 09.11.2010
Reg. data: 03044 Cottbus, HRB 8790 CB
Manager:
DPS
Design, Produkt, Service UG
(haftungsbeschränkt)
Fürstenwalder Weg 11h
D 15711
Königs Wusterhausen
Legal
form: Entrepreneur Company (limited
liability)
Share
capital: EUR 1,000.00
Registered
on:
25.11.2010
Reg.
data: 03044 Cottbus, HRB 10584 CB
Manager:
Logistics-one GmbH
Nissanstr. 3
D
15926 Luckau
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 06.12.2010
Reg.
data: 03044 Cottbus, HRB 8810 CB
Manager:
GDHI
Dienstleistungen GmbH
Chausseestr. 11
D
15712 Königs Wusterhausen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 03.04.2012
Reg.
data: 03044 Cottbus, HRB 10767 CB
28.03.1995 -
02.02.1997 Contipex GmbH Handel und
Beratung
Uslarer Str. 6
D 12621 Berlin
Private limited company
Main industrial sector
46421 Wholesale of clothing
Subject product
ranges includes:
· Shorts
dungarees
Trousers
Collar
jacket
Works:
Volker
Gonschorek & Co. GmbH Handel und
Beratung
Nissanstr. 3
D
15926 Luckau
TEL.:
03375/90430
Payment experience: within
agreed terms
Negative information We
have no negative information at hand.
Balance sheet year: 2012
Type of ownership: Tenant
Address Chausseestr. 11
D 15712 Königs Wusterhausen
Real Estate of: Volker Gonschorek
Type of ownership: proprietor
Share: 100.00 %
Address Chausseestr. 57
D 15712 Königs Wusterhausen
Value at selling
price: EUR 102,000.00
Land register documents
were not available.
BERLINER VOLKSBANK, 10892
BERLIN
Sort. code: 10090000
BIC: BEVODEBBXXX
COMMERZBANK VORMALS
DRESDNER BANK FILIALE BERLIN I, 10877 BERLIN
Sort. code: 10080000
BIC: DRESDEFF100
Turnover: 2012 EUR 10,000,000.00
2013 EUR 9,500,000.00
Profit: 2012 EUR 799,143.00
further business figures:
Equipment: *EUR 72,500.00
Ac/ts receivable: EUR 586,998.00
Liabilities: EUR 293,729.00
Employees:
45
-
Freelancer: 35
The business figures marked
with an asterisk are estimates based on
average values in the line of business.
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 92.64
Liquidity ratio: 10.00
Return on total capital [%]: 13.23
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 93.55
Liquidity ratio: 10.00
Return on total capital [%]: 21.83
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 84.63
Liquidity ratio: 10.00
Return on total capital [%]: 22.14
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 80.40
Liquidity ratio: 10.00
Return on total capital [%]: 20.20
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 6,051,430.53
Fixed assets
EUR 1,013,837.69
Intangible assets
EUR 18,954.50
Tangible assets
EUR 114,883.19
Financial assets
EUR 880,000.00
Other / unspecified financial assets EUR 880,000.00
Current assets
EUR 5,012,064.50
Stocks
EUR 2,828,490.65
Accounts receivable
EUR 586,998.14
Liquid means
EUR 1,596,575.71
Remaining other assets
EUR 25,528.34
Accruals (assets)
EUR 25,528.34
LIABILITIES EUR 6,051,430.53
Shareholders' equity
EUR 5,607,034.46
Capital
EUR 25,564.59
Subscribed capital (share capital)
EUR 25,564.59
Balance sheet profit/loss (+/-)
EUR 5,581,469.87
Profit / loss brought forward EUR
4,782,327.22
Annual surplus / annual deficit
EUR 799,142.65
Provisions
EUR 150,667.55
Liabilities
EUR 293,728.52
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2011 - 31.12.2011
ASSETS EUR 5,138,467.60
Fixed assets
EUR 1,032,472.50
Intangible assets EUR 22,034.50
Other / unspecified intangible assetsEUR 22,034.50
Tangible assets
EUR 130,438.00
Other / unspecified tangible assets
EUR 130,438.00
Financial assets EUR 880,000.00
Other / unspecified financial assets EUR 880,000.00
Current assets
EUR 4,087,028.40
Stocks
EUR 2,095,091.06
Accounts receivable
EUR 760,603.20
Other debtors and assets
EUR 760,603.20
Liquid means
EUR 1,231,334.14
Remaining other assets
EUR 18,966.70
Accruals (assets) EUR 18,966.70
LIABILITIES EUR 5,138,467.60
Shareholders' equity
EUR 4,807,891.81
Capital
EUR 25,564.59
Subscribed capital (share capital)
EUR 25,564.59
Balance sheet profit/loss (+/-)
EUR 4,782,327.22
Profit / loss brought forward
EUR 3,662,979.43
Annual surplus / annual deficit
EUR 1,119,347.79
Provisions
EUR 176,288.21
Liabilities
EUR 154,287.58
Other liabilities
EUR 154,287.58
Unspecified other liabilities
EUR 154,287.58
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.93 |
|
UK Pound |
1 |
Rs.96.37 |
|
Euro |
1 |
Rs.76.10 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.