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Report Date : |
10.02.2014 |
IDENTIFICATION DETAILS
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Name : |
POWERTRONIC
INDUSTRIELLE LEISTUNGSELEKTRONIK GMBH & CO. KG |
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Registered Office : |
Sülkampweg 31 D 32278 Kirchlengern |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
27.02.2006 |
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Legal Form : |
Ltd
Partnership with private. Limited Company |
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Line of Business : |
·
Manufacture
of electronic components ·
Wholesale
of electronic and telecommunications equipment and parts |
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No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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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 6.5% 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
|
Source
: CIA |
POWERTRONIC INDUSTRIELLE
LEISTUNGSELEKTRONIK GMBH & CO. KG
Company Status: active
Sülkampweg 31
D 32278 Kirchlengern
Telephone:05223/18059-0
Telefax: 05223/18059-25
Homepage: www.powertronic.de
E-mail: info@powertronic.de
VAT no.: DE814628868
Tax ID number: 310/5772/0950
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 27.02.2006
Registered on: 27.02.2006
Register of
companies: Local
court 32545 Bad Oeynhausen
under: HRA
6463
Total cap. contribution: EUR 125,000.00
Limited partner:
Sven Hobrock
Kirchstr. 35
D 32278 Kirchlengern
born: 13.12.1967
Share: EUR 125,000.00
General partner:
Hobrock Verwaltungs-GmbH
Sülkampweg 31
D 32278 Kirchlengern
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered on: 07.02.2006
Reg. data: 32545 Bad
Oeynhausen, HRB 9955
Shareholder:
Sven Hobrock
Kirchstr. 35
D 32278 Kirchlengern
born: 13.12.1967
Share: EUR 25,000.00
Manager:
Sven Hobrock
Kirchstr. 35
D 32278 Kirchlengern
having sole power of
representation
born: 13.12.1967
Proxy:
Kirsten Schröder-Hobrock
D 32278 Kirchlengern
having sole power of
representation
born: 21.10.1971
Main industrial sector
2611
Manufacture of electronic components
46520 Wholesale of electronic and
telecommunications equipment
and parts
Payment
experience: within agreed terms
Negative information:We have no negative
information at hand.
BALANCE SHEET YEAR: 2012
Type of ownership: Tenant
Address Sülkampweg
31
D 32278 Kirchlengern
Real Estate of: Hobrock
Verwaltungs-GmbH
Type of ownership: Tenant
Address Sülkampweg
31
D 32278
Kirchlengern
Land register documents were not available.
A bank connection is unknown.
Profit: 2012 EUR 98,722.00
Ac/ts receivable: EUR
434,128.00
Liabilities: EUR 1,052,370.00
The number of employees is not known.
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 10.06
Liquidity ratio: 0.41
Return on total capital [%]: 7.98
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 11.01
Liquidity ratio: 0.35
Return on total capital [%]: 30.70
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 9.07
Liquidity ratio: 0.49
Return on total capital [%]: 34.77
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 10.48
Liquidity ratio: 0.37
Return on total capital [%]: 23.19
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 1,238,131.51
Fixed assets EUR 135,045.00
Intangible assets EUR 906.00
Other / unspecified intangible assets EUR
906.00
Tangible assets EUR 134,139.00
Other / unspecified tangible assets EUR 134,139.00
Current assets EUR 1,092,982.51
Stocks EUR 657,607.50
Accounts receivable EUR
434,128.23
Other debtors and assets EUR 434,128.23
Liquid means EUR 1,246.78
Remaining other assets EUR
10,104.00
Accruals (assets)
EUR
10,104.00
LIABILITIES EUR 1,238,131.51
Shareholders' equity EUR
125,000.00
Capital EUR 125,000.00
Limited partner's capital / capital
of partially liable partner (LP) EUR 125,000.00
Provisions EUR 60,762.00
Liabilities EUR 1,052,369.51
Other liabilities EUR
1,052,369.51
Unspecified other liabilities EUR 1,052,369.51
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2011
- 31.12.2011
ASSETS EUR 1,126,583.34
Fixed assets EUR 171,657.00
Intangible assets EUR
2,103.00
Other / unspecified intangible assets EUR
2,103.00
Tangible assets EUR 169,554.00
Other / unspecified tangible assets EUR 169,554.00
Current assets EUR 954,926.34
Stocks EUR 636,669.32
Accounts receivable EUR
306,740.42
Other debtors and assets EUR 306,740.42
Liquid means EUR 11,516.60
LIABILITIES EUR 1,126,583.34
Shareholders' equity EUR 125,000.00
Capital EUR 125,000.00
Limited partner's capital / capital
of partially liable partner (LP) EUR 125,000.00
Provisions EUR 118,498.00
Liabilities EUR 883,085.34
Other liabilities EUR
883,085.34
Unspecified other liabilities EUR 883,085.34
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.