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Report Date : |
08.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
ARYA –
GROB - UND EINZELHANDELSGESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG |
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Registered Office : |
Kölner Str.
1 D 65760 Eschborn |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
06.01.2011 |
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Legal Form : |
Private
limited company |
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Line of Business : |
·
Wholesale
of clothing ·
Wholesale
of food |
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No. of Employees : |
07 |
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 |
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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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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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
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Source
: CIA |
ARYA - GROB-
UND EINZELHANDELSGESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG
Company Status: active
Kölner Str. 1
D 65760 Eschborn
Telephone:06196/998380
Telefax: 06196/998366
Homepage: www.fullpowerbodyandco.de
E-mail: fullpower@fullpowerbodyandco.de
VAT no.: DE113826977
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1982
Shareholders'
agreement: 05.05.1982
Registered on: 06.01.2011
Commercial Register: Local court 60313 Frankfurt
under: HRB 89865
Share capital: EUR 53,000.00
Shareholder:
Vijay Kapur
Leibnizring 19
D 65830 Kriftel
born: 10.10.1950
Share: EUR 42,700.00
Shareholder:
Mallika Satia
Leibnizring 19
D 65830 Kriftel
born: 09.08.1984
Share: EUR 5,150.00
Shareholder:
Sonalika Kapur
Leibnizring 19
D 65830 Kriftel
born: 07.06.1988
Share: EUR 5,150.00
Manager:
Vijay Kapur
Leibnizring 19
D 65830 Kriftel
having sole power of
representation
born: 10.10.1950
Profession: Businessman
Marital status: married
Proxy:
Sonalika Kapur
Leibnizring 19
D 65830 Kriftel
having sole power of
representation
born: 07.06.1988
Marital status: unknown
Further functions/participations of Vijay
Kapur (Manager)
Shareholder:
S.K.L. Lettland Beteiligungs
GmbH
Harkortstr. 27
D 40880 Ratingen
Legal form: Private
limited company
Share capital: EUR 33,000.00
Share: EUR 3,000.00
Registered
on: 14.02.2013
Reg. data: 40227 Düsseldorf, HRB 69627
Shareholder:
S.K.L. Magnos
Beteiligungs GmbH
Harkortstr. 27
D 40880 Ratingen
Legal form: Private
limited company
Share capital: EUR 35,000.00
Share: EUR 2,000.00
Registered
on: 20.02.2013
Reg. data: 40227 Düsseldorf, HRB 69662
COMPANY HISTORY
05.05.1982 - 23.03.1983 ARYA - Groß- und
Einzelhandelsgesellschaft mit
beschränkter Haftung
D 60311 Frankfurt
Private limited
company
24.03.1983 - 15.07.1992 ARYA - Groß- und
Einzelhandelsgesellschaft mit
beschränkter Haftung
Frankfurter Str.
26-28
D 65760 Eschborn
Private limited
company
16.07.1992 - 31.03.1997 ARYA - Groß- und
Einzelhandelsgesellschaft
mit
beschränkter Haftung
Nordring 30
D 65719 Hofheim
Private limited
company
01.04.1997 - 20.01.1999 ARYA - Groß- und
Einzelhandelsgesellschaft mit
beschränkter Haftung
West-Höchster Str. 78
D 65931 Frankfurt
Private limited
company
21.01.1999 - 30.03.2003 ARYA - Groß- und
Einzelhandelsgesellschaft mit
beschränkter Haftung
Höchster Str. 78
D 65835 Liederbach
Private limited
company
31.03.2003 - 05.01.2011 ARYA - Groß- und
Einzelhandelsgesellschaft mit
beschränkter Haftung
Hessenring 4d
D 64546
Mörfelden-Walldorf
Private limited company
Main industrial sector
46421
Wholesale of clothing
Secondary industrial sector
46389
Wholesale of food 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 Kölner
Str. 1
D 65760 Eschborn
Land register documents were not available.
Principal bank
FRANKFURTER VOLKSBANK, FRANKFURT AM MAIN
Sort. code: 50190000, BIC: FFVBDEFFXXX
Turnover: 2013 *EUR 1,318,000.00
Profit: 2012 EUR -130,267.00
further business figures:
Equipment: *EUR 60,500.00
Ac/ts receivable: EUR
528,435.00
Liabilities: EUR 173,322.00
Employees: 7
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 [%]: 74.78
Liquidity ratio: 10.00
Return on total capital [%]: -7.75
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 77.29
Liquidity ratio: 10.00
Return on total capital [%]: -8.95
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 82.50
Liquidity ratio: 10.00
Return on total capital [%]: 3.00
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 68.52
Liquidity ratio: 10.00
Return on total capital [%]: -20.81
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
1,680,102.77
Fixed assets EUR
18,709.84
Tangible assets EUR 18,709.84
Current assets EUR
1,652,202.93
Stocks EUR 123,500.00
Accounts receivable EUR 528,434.58
Liquid means EUR
1,000,268.35
Remaining other assets
EUR 9,190.00
Accruals (assets) EUR 9,190.00
LIABILITIES EUR
1,680,102.77
Shareholders' equity EUR 1,256,376.01
Capital EUR 53,000.00
Subscribed capital (share capital)EUR 53,000.00
Reserves EUR 24,274.41
Capital reserves EUR 24,274.41
Balance sheet profit/loss (+/-)
EUR 1,179,101.60
Profit / loss brought forward EUR 1,309,368.81
Annual surplus / annual deficit
EUR -130,267.21
Provisions EUR 250,405.00
Liabilities EUR 173,321.76
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2011
- 31.12.2011
ASSETS EUR
1,794,122.32
Fixed assets EUR
27,612.11
Tangible assets EUR 27,612.11
Other / unspecified tangible
assets EUR 27,612.11
Current assets EUR
1,766,510.21
Stocks EUR 88,230.00
Finished goods / work in
progress EUR 88,230.00
Accounts receivable EUR 621,916.50
Other debtors and assets
EUR 621,916.50
Liquid means EUR
1,056,363.71
LIABILITIES EUR
1,794,122.32
Shareholders' equity EUR 1,386,643.22
Capital EUR 53,000.00
Subscribed capital
(share capital) EUR 53,000.00
Reserves EUR 24,274.41
Capital reserves
EUR 24,274.41
Balance sheet profit/loss (+/-)
EUR 1,309,368.81
Profit / loss brought forward EUR 1,470,025.10
Annual surplus / annual deficit
EUR -160,656.29
Provisions EUR
225,714.00
Liabilities EUR 181,765.10
Other liabilities EUR 181,765.10
Unspecified other liabilities EUR 181,765.10
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.32 |
|
|
1 |
Rs.101.78 |
|
Euro |
1 |
Rs.84.68 |
INFORMATION DETAILS
|
Report Prepared
by : |
NIS |
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.