|
Report Date : |
05.02.2014 |
In the meantime there have been changes in
particular in the
following areas subject to monitoring:
- Balance sheets
GASCOGNE LAMINATES
Company Status: active
Rurstr. 58
D 52441 Linnich
Telephone:02462/79-0
Telefax:
02462/79-2494
Homepage: www.gascognelaminates.com
E-mail:
customers@gascognelaminates.de
VAT no.: DE811114322
Tax ID number: 213/5703/0260
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1984
Shareholders'
agreement: 16.01.1984
Registered on: 13.03.1984
Commercial Register: Local court 52349 Düren
under: HRB 3891
Share capital: EUR 5,113,000.00
Shareholder:
Gascogne Laminates SAS
(312757347;78B36)
650, avenue Pierre Benoit
F 40993 St-Paul-lès-Dax
Cedex
Legal form: Other legal form
Share: EUR 5,113,000.00
Manager:
Frédéric Doulcet
F
born: 01.03.1958
Nationality: French
Proxy:
Frank Radmacher
D 52445 Titz
authorized to jointly
represent the company
born: 15.12.1969
Proxy:
Thomas Braun
D 65604 Elz
authorized to jointly
represent the company
born: 14.07.1958
Proxy:
Christoph Antero Siara
F 57000
authorized to jointly represent
the company
born: 15.02.1960
Nationality: French
13.03.1984 - 30.12.1993 Berner
Verpackungsmittel GmbH
Brückäckerstr. 26
D 74523 Schwäbisch Hall
Private limited company
30.12.1993 - 04.04.1996 PKL Flexpack
GmbH
Brückäckerstr.
26
D 74523 Schwäbisch Hall
Private limited company
04.04.1996 - 02.03.2004 PKL
Flexible Verpackungen GmbH
Rurstr. 58
D 52441 Linnich
Private limited company
02.03.2004 - 14.03.2007 SOPAL
PKL Flexible Verpackungen GmbH
Rurstr. 58
D 52441 Linnich
Private limited company
Main
industrial sector
17210 Manufacture
of corrugated paper and paperboard and of containers of paper and paperboard
Payment experience: within
periods customary in this trade
Negative information: We have no negative information at hand.
Maximum credit: 250,000
EUR
Balance sheet year: 2012
Type of ownership: Tenant
Address Rurstr.
58
D 52441 Linnich
Land register documents were not available.
Principal bank
DEUTSCHE
BANK, DÜSSELDORF
Sort. code: 30070010, Account no.: 3350063,
BIC: DEUTDEDDXXX
Turnover: 2011 EUR 36,632,635.00
2012 EUR 34,209,777.00
Profit: 2011 EUR 391,919.00
2012 EUR
205,136.00
further business figures:
Equipment: EUR
2,200,341.00
Ac/ts receivable: EUR 5,638,643.00
Liabilities: EUR 2,707,167.00
Total numbers of vehicles: 5
- Passenger cars: 5
Employees:
152
- thereof permanent staff:
139
- Part-time employees: 13
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 73.69
Liquidity ratio: 3.86
Return on total capital [%]: 1.22
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 66.60
Liquidity ratio: 1.92
Return on total capital [%]: 2.04
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 64.24
Liquidity ratio: 1.07
Return on total capital [%]: 0.55
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 68.87
Liquidity ratio: 2.55
Return on total capital [%]: 4.73
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 19,316,614.04
Fixed assets
EUR 5,454,076.44
Intangible assets
EUR 23,200.00
Concessions, licences, rights
EUR 23,200.00
Tangible assets
EUR 5,430,876.44
Land / similar rights
EUR 257,675.00
Plant / machinery
EUR 2,972,860.00
Other tangible assets / fixtures and
fittings
EUR 2,200,341.44
Current assets
EUR 13,849,277.18
Stocks
EUR 7,264,995.32
Raw materials, consumables and
supplies
EUR 2,255,210.23
Finished goods / work in progress
EUR 5,009,785.09
Accounts receivable
EUR 5,638,643.46
thereof total due from shareholders
EUR 29,911.20
Trade debtors
EUR 4,161,411.72
Amounts due from related companies
EUR 1,232,749.85
Other debtors and assets
EUR 244,481.89
Liquid means
EUR 945,638.40
Remaining other assets
EUR 13,260.42
Accruals (assets)
EUR 13,260.42
LIABILITIES EUR 19,316,614.04
Shareholders' equity
EUR 13,933,246.11
Capital
EUR 5,113,000.00
Subscribed capital (share capital)
EUR 5,113,000.00
Reserves
EUR 2,518,615.93
Capital reserves
EUR 2,518,615.93
Balance sheet profit/loss (+/-)
EUR 6,301,630.18
Profit / loss brought forward
EUR 6,096,493.99
Annual surplus / annual deficit
EUR 205,136.19
Provisions
EUR 2,669,000.59
Pension provisions and comparable
provisions
EUR 2,148,130.00
Other / unspecified provisions
EUR 520,870.59
Liabilities
EUR 2,707,167.34
thereof total due to shareholders
EUR 308,305.62
Other liabilities
EUR 2,707,167.34
Trade creditors (for IAS incl. bills
of exchange)
EUR 2,286,007.58
Liabililties due to related companiesEUR 344,919.62
Unspecified other liabilities
EUR 76,240.14
thereof liabilities from tax /
financial authorities
EUR 66,046.63
Other liabilities
EUR 7,200.00
Deferrals (liabilities) EUR 7,200.00
PROFIT AND
LOSS ACCOUNT (cost-summary method) according to Comm. Code (HGB)
Sales EUR 34,209,777.48
Inventory change + own costs (+/-)
EUR -1,000,631.92
Inventory change (+/-)
EUR -1,000,631.92
Other operating income
EUR 397,033.41
Cost of materials
EUR 20,175,349.56
Raw materials and supplies, purchased
goods
EUR 19,335,499.08
Purchased services
EUR 839,850.48
Gross result (+/-)
EUR 13,430,829.41
Staff expenses
EUR 7,564,055.03
Wages and salaries
EUR 6,258,395.37
Social security contributions and
expenses for pension plans and
benefits
EUR 1,305,659.66
Total depreciation EUR 937,231.22
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 937,231.22
Other operating expenses
EUR 4,481,783.90
Operating result from continuing
operations
EUR 447,759.26
Interest result (+/-)
EUR -202,114.51
Interest and similar income
EUR 8,342.02
thereof from related companies
EUR 8,342.02
Interest and similar expenses
EUR 210,456.53
thereof paid to related companies
EUR 8,904.00
Financial result (+/-)
EUR -202,114.51
Result from ordinary operations (+/-)
EUR 245,644.75
Extraordinary expenses
EUR 29,294.00
Extraordinary result (+/-)
EUR -29,294.00
Other taxes / refund of taxes
EUR -11,214.56
Tax
(+/-)
EUR -11,214.56
Annual surplus / annual deficit
EUR 205,136.19
Type of
balance sheet: Company
balance sheet
Financial
year: 01.01.2011 - 31.12.2011
ASSETS
EUR 20,612,189.26
Fixed assets
EUR 6,106,202.44
Tangible assets
EUR 6,106,202.44
Land / similar rights
EUR 278,144.00
Plant / machinery EUR 3,342,343.00
Other tangible assets / fixtures and
fittings
EUR 2,485,715.44
Current assets
EUR 14,501,393.49
Stocks EUR 8,345,082.29
Raw materials, consumables and
supplies
EUR 2,334,665.28
Finished goods / work in progress
EUR 6,010,417.01
Accounts receivable EUR
3,846,321.63
Trade debtors
EUR 3,712,122.02
Other debtors and assets
EUR 134,199.61
Liquid means
EUR 2,309,989.57
Remaining other assets EUR 4,593.33
Accruals (assets)
EUR 4,593.33
LIABILITIES EUR 20,612,189.26
Shareholders' equity
EUR 13,728,109.92
Capital EUR 5,113,000.00
Subscribed capital (share capital)
EUR 5,113,000.00
Reserves
EUR 2,518,615.93
Capital reserves
EUR 2,518,615.93
Balance sheet profit/loss (+/-)
EUR 6,096,493.99
Profit / loss brought forward
EUR 5,704,575.20
Annual surplus / annual deficit
EUR 391,918.79
Provisions
EUR 2,555,304.46
Pension provisions and comparable
provisions
EUR 2,000,113.00
Other / unspecified provisions
EUR 555,191.46
Liabilities
EUR 4,308,927.88
Other liabilities
EUR 4,308,927.88
Trade creditors (for IAS incl. bills
of exchange)
EUR 2,764,184.06
Liabililties due to related companiesEUR 1,327,243.49
Unspecified other liabilities
EUR 217,500.33
thereof liabilities from tax /
financial authorities
EUR 211,249.96
Other liabilities
EUR 19,847.00
Deferrals (liabilities)
EUR 19,847.00
PROFIT AND
LOSS ACCOUNT (cost-summary method) according to Comm. Code (HGB)
Sales EUR 36,632,635.35
Inventory change + own costs (+/-)
EUR 219,297.22
Inventory change (+/-)
EUR 219,297.22
Other operating income
EUR 585,825.16
Cost of materials
EUR 23,134,512.62
Raw materials and supplies, purchased
goods EUR 22,025,536.18
Purchased services
EUR 1,108,976.44
Gross result (+/-)
EUR 14,303,245.11
Staff expenses
EUR 7,754,691.12
Wages and salaries
EUR 6,461,104.39
Social security contributions and
expenses for pension plans and
benefits
EUR 1,293,586.73
Total depreciation
EUR 936,940.68
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 936,940.68
Other operating expenses
EUR 4,871,709.91
Operating result from continuing
operations
EUR 739,903.40
Interest result (+/-)
EUR -309,548.52
Interest and similar income
EUR 1,751.33
thereof from related companies
EUR 0.00
Interest and similar expenses
EUR 311,299.85
thereof paid to related companies
EUR 62,018.16
Other financial result
EUR 504.22
Income from securities and loans from
financial assets
EUR 504.22
Financial result (+/-)
EUR -309,044.30
Result from ordinary operations (+/-)
EUR 430,859.10
Extraordinary expenses
EUR 29,294.00
Extraordinary result (+/-)
EUR -29,294.00
Other taxes / refund of taxes
EUR -9,646.31
Tax (+/-)
EUR -9,646.31
Annual surplus / annual deficit
EUR 391,918.79
|
Report Date : |
05.01.2013 |
|
|
|
|
Tel. No.: |
02462/79-0 |
|
Fax No.: |
02462/792951 |
IDENTIFICATION DETAILS
|
Name : |
GASCOGNE
LAMINATES |
|
|
|
|
Registered Office : |
Rurstr.
58 D 52441 Linnich |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Year of Establishment : |
1984 |
|
|
|
|
Com. Reg. No.: |
HRB 3891 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
Manufacture
of corrugated paper and paperboard and of containers of paper and paperboard |
|
|
|
|
No. of Employees : |
153 |
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 |
|
Maximum Credit Limit: |
250,000 EUR |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
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
Gascogne
Laminates Germany GmbH
Company Status: active
Rurstr. 58
D
52441 Linnich
Telephone:02462/79-0
Telefax: 02462/79-2494
Homepage: www.gascognelaminates.com
E-mail:
customers@gascognelaminates.de
DE811114322
213/5703/0260
Business relations are
permissible.
LEGAL FORM Private
limited company
Date of foundation: 1984
Shareholders'
agreement: 16.01.1984
Registered on: 13.03.1984
Commercial Register: Local court 52349 Düren
under: HRB
3891
EUR 5,113,000.00
Sopal
S.A.S.
Rue
Louis Blanc PBP 78
F 40102 DAX Cedix
Legal
form: Other legal form
Share: EUR 5,113,000.00
Manager:
Frédéric Doulcet
F Paris
born:
01.03.1958
Nationality: French
Proxy:
Frank
Radmacher
D
52445 Titz
authorized to jointly represent the company
born:
15.12.1969
Proxy:
Mikael Broman
D
40210 Düsseldorf
authorized to jointly represent the company
born:
12.02.1959
Proxy:
Thomas
Braun
D
65604 Elz
authorized to jointly represent the
company
born:
14.07.1958
FURTHER FUNCTIONS/PARTICIPATIONS OF FRÉDÉRIC
DOULCET (MANAGER)
Manager:
Gascogne Sack Deutschland GmbH
Südstr. 4-6
D
37447 Wieda
Legal
form: Private limited company
Share
capital: EUR 6,135,502.57
Registered
on: 02.12.1949
Reg. data:
37073 Göttingen, HRB 120055
13.03.1984 -
30.12.1993 Berner Verpackungsmittel GmbH
Brückäckerstr. 26
D
74523 Schwäbisch Hall
Private
limited company
30.12.1993 -
04.04.1996 PKL Flexpack GmbH
Brückäckerstr. 26
D
74523 Schwäbisch Hall
Private limited company
04.04.1996 -
02.03.2004 PKL Flexible Verpackungen
GmbH
Rurstr. 58
D
52441 Linnich
Private limited company
02.03.2004 -
14.03.2007 SOPAL PKL Flexible
Verpackungen GmbH
Rurstr. 58
D 52441 Linnich
Private limited company
24.06.2004 -
10.12.2012 Manager
Wolfhard Fischer
D
52441 Linnich
Secondary industrial sector
17210 Manufacture of corrugated paper and
paperboard and of containers of paper and paperboard
Payment experience: within periods customary in this trade
Negative information:We have
no negative information at hand.
Maximum credit: 250,000 EUR
Balance sheet year: 2010
Type of ownership: Tenant
Address Rurstr. 58
D
52441 Linnich
Land register documents
were not available.
Principal bank
DEUTSCHE BANK, DÜSSELDORF
Sort. code: 30070010,
Account no.: 3350063, BIC: DEUTDEDDXXX
Turnover: 2011 EUR 35,000,000.00
2012 EUR 35,200,000.00
further business figures:
Equipment: EUR 2,584,433.00
Ac/ts receivable: EUR 4,213,510.00
Liabilities: EUR 4,884,859.00
Total
numbers of vehicles: 5
-
Passenger cars:
5
Employees:
153
-
thereof permanent staff: 140
-
Part-time employees: 13
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 64.24
Liquidity ratio: 1.07
Return on total capital [%]: 0.55
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 68.87
Liquidity ratio: 2.55
Return on total capital [%]: 4.73
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 68.88
Liquidity ratio: 4.48
Return on total capital [%]: 6.77
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 67.88
Liquidity ratio: 9.58
Return on total capital [%]: 9.25
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: 01.01.2010 - 31.12.2010
ASSETS EUR 20,758,411.29
Fixed assets
EUR 6,679,956.44
Tangible assets
EUR 6,679,956.44
Land / similar rights EUR 298,613.00
Plant / machinery
EUR 3,796,910.00
Other tangible assets / fixtures and
fittings
EUR 2,584,433.44
Current assets
EUR 14,018,046.34
Stocks
EUR 8,859,628.30
Raw materials, consumables and
supplies
EUR 3,011,114.98
Finished goods / work in progress
EUR 5,848,513.32
Accounts receivable
EUR 4,213,510.52
Trade debtors
EUR 3,594,831.59
Amounts due from related companies
EUR 62,010.90
Other debtors and assets
EUR 556,668.03
Liquid means
EUR 944,907.52
Remaining other assets
EUR 60,408.51
Accruals (assets)
EUR 6,262.19
Other assets EUR 54,146.32
LIABILITIES EUR 20,758,411.29
Shareholders' equity
EUR 13,336,191.13
Capital
EUR 5,113,000.00
Subscribed capital (share capital)
EUR 5,113,000.00
Reserves
EUR 2,518,615.93
Capital reserves
EUR 2,518,615.93
Balance sheet profit/loss (+/-)
EUR 5,704,575.20
Profit / loss brought forward
EUR 5,624,317.06
Annual surplus / annual deficit
EUR 80,258.14
Provisions
EUR 2,494,053.22
Pension provisions and comparable
provisions EUR 1,870,153.00
Other / unspecified provisions
EUR 623,900.22
Liabilities
EUR 4,884,859.94
Other liabilities
EUR 4,884,859.94
Trade
creditors (for IAS incl. bills
of exchange)
EUR 4,689,908.29
Liabililties due to related companiesEUR 107,683.70
Unspecified other liabilities
EUR 87,267.95
thereof liabilities from tax /
financial authorities
EUR 69,146.73
Other liabilities
EUR 43,307.00
Deferrals (liabilities)
EUR 43,307.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 34,952,062.92
Inventory change + own costs (+/-)
EUR 1,074,690.52
Inventory change (+/-)
EUR 1,074,690.52
Other operating income
EUR 517,093.61
Cost of materials
EUR 23,148,861.22
Raw materials and supplies, purchased
goods
EUR 21,497,577.94
Purchased services EUR 1,651,283.28
Gross result (+/-)
EUR 13,394,985.83
Staff expenses
EUR 7,632,989.37
Wages and salaries
EUR 6,364,766.32
Social security contributions and
expenses for pension plans and
benefits
EUR 1,268,223.05
Total depreciation
EUR 911,279.81
Depreciation on tangible / intangible
asssets
(incl. start-up and exp. of
bus.
EUR 911,279.81
Other operating expenses
EUR 4,553,333.42
Operating result from continuing
operations
EUR 297,383.23
Interest result (+/-)
EUR -175,859.26
Interest and similar income
EUR 5,828.00
thereof from related companies
EUR 2,488.09
Interest and similar expenses
EUR 181,687.26
thereof paid to related companies
EUR 7,518.82
Other financial result
EUR 1,037.02
Income from securities and loans from
financial assets
EUR 1,037.02
Financial result (+/-)
EUR -174,822.24
Result from ordinary operations (+/-)
EUR 122,560.99
Extraordinary expenses
EUR 33,696.00
Extraordinary result (+/-)
EUR -33,696.00
Other taxes / refund of taxes
EUR -8,606.85
Tax
(+/-)
EUR -8,606.85
Annual surplus / annual deficit
EUR 80,258.14
Type
of balance
sheet:
Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 19,247,898.20
Fixed assets
EUR 6,638,387.30
Tangible assets
EUR 6,497,171.44
Land / similar rights
EUR 317,854.00
Plant / machinery
EUR 4,170,634.00
Other tangible assets / fixtures and
fittings
EUR 2,008,683.44
Financial assets
EUR 141,215.86
Securities included in fixed assets
EUR 141,215.86
Current assets
EUR 12,602,307.42
Stocks
EUR 6,004,045.53
Raw materials, consumables and
supplies
EUR 1,233,610.39
Finished goods / work in progress
EUR 4,770,435.14
Accounts receivable
EUR 5,103,599.05
Trade debtors
EUR 4,051,813.86
Amounts due from related companies
EUR 654,965.54
Other debtors and assets
EUR 396,819.65
Liquid means
EUR 1,494,662.84
Remaining other assets
EUR 7,203.48
Accruals (assets)
EUR 7,203.48
LIABILITIES EUR 19,247,898.20
Shareholders' equity
EUR 13,255,932.99
Capital
EUR 5,113,000.00
Subscribed capital (share capital)
EUR 5,113,000.00
Reserves
EUR 2,518,615.93
Capital reserves EUR 2,518,615.93
Balance sheet profit/loss (+/-)
EUR 5,624,317.06
Profit / loss brought forward
EUR 4,713,850.95
Annual surplus / annual deficit
EUR 910,466.11
Provisions EUR 2,440,200.08
Pension provisions and comparable
provisions
EUR 1,742,471.00
Other / unspecified provisions
EUR 697,729.08
Liabilities EUR 3,499,998.13
thereof total due to shareholders
EUR 0.00
Other liabilities
EUR 3,499,998.13
Trade creditors (for IAS incl. bills
of exchange)
EUR 3,344,650.05
Unspecified other liabilities
EUR 155,348.08
thereof liabilities from tax /
financial authorities
EUR 61,631.00
Other liabilities
EUR 51,767.00
Deferrals (liabilities)
EUR 51,767.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 31,828,832.56
Inventory change + own costs (+/-)
EUR -525,850.32
Inventory change (+/-)
EUR -525,850.32
Other operating income
EUR 756,929.56
Cost of materials
EUR 19,502,066.51
Raw materials and supplies, purchased
goods
EUR 17,952,489.45
Purchased services
EUR 1,549,577.06
Gross result (+/-)
EUR 12,557,845.29
Staff expenses
EUR 7,195,012.20
Wages and salaries
EUR 5,932,829.30
Social security contributions and
expenses for pension plans and
benefits
EUR 1,262,182.90
Total depreciation EUR 517,628.91
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 517,628.91
Other operating expenses
EUR 3,982,399.64
Operating
result from continuing
operations
EUR 862,804.54
Interest result (+/-)
EUR 56,754.20
Interest and similar income
EUR 56,754.20
Financial result (+/-)
EUR 56,754.20
Result from ordinary operations (+/-)
EUR 919,558.74
Other taxes / refund of taxes
EUR -9,092.63
Tax
(+/-)
EUR -9,092.63
Annual surplus / annual deficit
EUR 910,466.11
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.68 |
|
|
1 |
Rs.101.98 |
|
Euro |
1 |
Rs.84.78 |
INFORMATION DETAILS
|
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.