|
Report Date : |
30.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
TAMPOPRINT
AG |
|
|
|
|
Registered Office : |
Lingwiesenstr.
1 D 70825 Korntal-Münchingen Post Box: 40 06 26 |
|
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|
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Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
1958 |
|
|
|
|
Legal Form : |
Public
limited company |
|
|
|
|
Line of Business : |
·
Wholesale
of other machinery, equipment and supplies ·
Manufacture
of general-purpose machinery |
|
|
|
|
No. of Employees |
158 |
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 : |
Good |
|
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 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
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 |
TAMPOPRINT AG
Company Status: active
Lingwiesenstr. 1
D 70825 Korntal-Münchingen
Post Box:
40 06 26
Telephone:07150/9280
Telefax: 07150/928400
Homepage: www.tampoprint.de
E-mail: info@tampoprint.de
VAT no.: DE811243767
Tax ID number: 70050/18454
Business relations are permissible.
LEGAL FORM Public
limited company
Date of foundation: 1958
Registered on: 12.09.2001
Commercial Register: Local court 70190
Stuttgart
under: HRB
206245
Share capital: EUR 2,000,000.00
President of the Board of Directors:
Wilfried Philipp
Lenbachstr. 8
D 70806 Kornwestheim
having sole power of
representation
born: 11.06.1928
Profession: Businessman
Marital status: married
Member of the Board of Directors:
Uwe Henning
D 73092 Heiningen
born: 28.09.1961
Member of the Board of Directors:
Oliver Nitschke
D 71735 Eberdingen
authorized to jointly
represent the company
born: 06.04.1962
President of the Supervisory Board:
Stefan Gaub
D 72525 Münsingen
born: 12.03.1980
Profession: anditor and
tax advisor
Vice-president of the Supervisory Board:
Fritz Brändle
D 72582 Grabenstetten
Profession: Management
expert
Vice-president of the Supervisory Board:
Hans Feucht
Auf dem Bühl 1
D 72813 St. Johann
Further functions/participations of Wilfried
Philipp (President
of the Board of Directors)
Limited partner:
Wilfried Philipp Vermögensverwaltung
GmbH &
Co. KG
Lingwiesenstr. 1
D 70825
Korntal-Münchingen
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Total cap. EUR 100,000.00
contribution:
Share: EUR 100,000.00
Registered
on: 20.03.2002
Reg. data: 70190 Stuttgart, HRA 202880
Shareholder:
Philipp GmbH
Lingwiesenstr. 1
D 70825
Korntal-Münchingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 12,750.00
Registered
on: 30.01.2002
Reg. data: 70190 Stuttgart, HRB 206346
Manager:
ALFA TOOLS
Spezialmaschinenfabrik GmbH
Im Runs 20
D 72589 Westerheim
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 05.04.1977
Reg. data: 89073 Ulm, HRB 711
Manager:
Philipp GmbH
Lingwiesenstr. 1
D 70825
Korntal-Münchingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 30.01.2002
Reg. data: 70190 Stuttgart, HRB 206346
01.01.1958 - 15.12.1990 Tampoprint GmbH
Daimlerstr. 27
D 70825
Korntal-Münchingen
Private limited company
Main industrial sector
2829
Manufacture of other general-purpose machinery n.e.c.
Secondary industrial sector
4669
Wholesale of other machinery, equipment and supplies
Payment
experience: within agreed terms
Negative information:We have no negative
information at hand.
BALANCE SHEET YEAR: 2012
Type of ownership: Tenant
Address Lingwiesenstr. 1
D
70825 Korntal-Münchingen
Real Estate of: Wilfried Philipp
Type of ownership: proprietor
Share: 100.00 %
Address Lenbachstr.
8
D 70806
Kornwestheim
Land register documents were not available.
DEUTSCHE BANK, 70049 STUTTGART
Sort. code: 60070070, Account no.: 9434333
BIC: DEUTDESSXXX
COMMERZBANK VORMALS DRESDNER BANK, 70049
STUTTGART
Sort. code: 60080000
BIC: DRESDEFF600
Turnover: 2012 EUR 38,956,783.00
2013 EUR 40,000,000.00
Profit: 2012 EUR 3,130,104.00
further business figures:
Equipment: EUR 957,358.00
Ac/ts receivable: EUR 3,827,607.00
Liabilities: EUR 3,352,988.00
Total numbers of
vehicles:
17
- Passenger cars: 17
Employees:
158
- thereof permanent
staff:
158
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 80.83
Liquidity ratio: 10.00
Return on total capital
[%]: 14.38
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 73.71
Liquidity ratio: 10.00
Return on total capital
[%]: 7.30
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 80.09
Liquidity ratio: 10.00
Return on total capital
[%]: 12.08
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 81.82
Liquidity ratio: 10.00
Return on total capital
[%]: 6.66
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 21,770,124.65
Fixed assets EUR 3,229,079.00
Intangible assets EUR 200,844.00
Concessions, licences,
rights EUR 200,844.00
Tangible assets EUR 3,028,085.00
Land / similar
rights EUR 62,355.00
Plant / machinery EUR 2,008,372.00
Other tangible assets /
fixtures and
fittings EUR 957,358.00
Financial assets EUR 150.00
Shares in participations
/
subsidiaries and the
like EUR 150.00
Shares in
cooperatives EUR 150.00
Current assets EUR 18,477,734.03
Stocks EUR 7,942,622.00
Raw materials,
consumables and
supplies EUR 5,297,204.90
Finished goods / work in
progress EUR 2,121,717.27
Advance payments
made EUR 523,699.83
Accounts receivable EUR 3,827,607.02
Trade debtors EUR 2,545,131.50
Amounts due from related
companies EUR 327,340.40
Other debtors and
assets EUR 955,135.12
Liquid means EUR 6,707,505.01
Remaining other
assets EUR 63,311.62
Accruals (assets) EUR 63,311.62
LIABILITIES EUR 21,770,124.65
Shareholders' equity EUR 17,596,852.25
Capital EUR 2,000,000.00
Subscribed capital
(share capital) EUR 2,000,000.00
Reserves EUR 1,763,351.46
Retained earnings /
revenue reserves EUR
1,763,351.46
Balance sheet profit/loss
(+/-) EUR 13,833,500.79
Balance sheet profit /
loss EUR 13,833,500.79
Provisions EUR 818,154.00
Provisions for taxes EUR 1,754.00
Other / unspecified
provisions EUR 816,400.00
Liabilities EUR 3,352,988.40
Other liabilities EUR 3,352,988.40
Trade creditors (for IAS
incl. bills
of exchange) EUR 397,539.40
Liabilities from
received advance
payments EUR 1,925,698.78
Liabililties due to
related companiesEUR
180,563.79
Unspecified other
liabilities EUR 849,186.43
Other liabilities EUR 2,130.00
Deferred taxes (not
included under
provisions/liabilities)
EUR 2,130.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 38,956,783.17
Inventory change + own
costs (+/-) EUR -412,190.94
Inventory change
(+/-) EUR -1,083,202.35
Capitalised own
costs EUR 671,011.41
Other operating
income EUR 413,541.29
Cost of materials EUR 17,815,149.12
Raw materials and
supplies, purchased
goods EUR 17,422,642.45
Purchased services EUR 392,506.67
Gross result (+/-) EUR 21,142,984.40
Staff expenses EUR 9,964,119.35
Wages and salaries EUR 8,512,608.45
Social security
contributions and
expenses for pension
plans and
benefits EUR 1,451,510.90
Total depreciation EUR 1,249,595.47
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 1,249,595.47
Other operating
expenses EUR 5,565,636.22
Operating result from
continuing
operations EUR 4,363,633.36
Interest result (+/-) EUR 95,586.69
Interest and similar
income EUR 97,066.22
Interest and similar
expenses EUR 1,479.53
thereof paid to related
companies EUR 766.73
Financial result
(+/-) EUR 95,586.69
Result from ordinary
operations (+/-) EUR 4,459,220.05
Income tax / refund of
income tax (+/-)EUR -1,325,443.27
Other taxes / refund of
taxes EUR -3,672.50
Tax (+/-) EUR -1,329,115.77
Annual surplus / annual
deficit EUR 3,130,104.28
TYPE OF BALANCE SHEET: COMPANY BALANCE SHEET
FINANCIAL YEAR: 01.01.2011
- 31.12.2011
ASSETS EUR 23,672,686.73
Fixed assets EUR 3,792,642.00
Intangible assets EUR 132,773.00
Other / unspecified
intangible assetsEUR
132,773.00
Tangible assets EUR 3,659,719.00
Land / similar
rights EUR 71,043.00
Plant / machinery EUR 2,823,121.00
Other tangible assets /
fixtures and
fittings EUR 765,555.00
Financial assets EUR 150.00
Other / unspecified
financial assets EUR
150.00
Current assets EUR 19,835,066.08
Stocks EUR 9,049,713.03
Accounts receivable EUR 5,976,093.69
Amounts due from related
companies EUR 229,890.26
Other debtors and
assets EUR 5,746,203.43
Liquid means EUR 4,809,259.36
Remaining other
assets EUR 44,978.65
Accruals (assets) EUR 44,434.65
Deferred taxes
(assets) EUR 544.00
LIABILITIES EUR 23,672,686.73
Shareholders' equity EUR 14,466,747.94
Capital EUR 2,000,000.00
Subscribed capital
(share capital) EUR 2,000,000.00
Reserves EUR 1,763,351.46
Retained earnings /
revenue reserves EUR
1,763,351.46
Balance sheet profit/loss
(+/-) EUR 10,703,396.48
Balance sheet profit /
loss EUR 10,703,396.48
Provisions EUR 857,714.00
Liabilities EUR 8,348,224.79
Other liabilities EUR 8,348,224.79
Liabililties due to
related companiesEUR
935,309.31
Unspecified other
liabilities EUR 7,412,915.48
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-) EUR 18,946,112.87
Staff expenses EUR 9,430,458.09
Wages and salaries EUR 7,964,946.32
Social security
contributions and
expenses for pension
plans and
benefits EUR 1,465,511.77
Total depreciation EUR 1,208,322.43
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 1,208,322.43
Other operating expenses EUR 5,864,606.23
Operating result from
continuing
operations EUR 2,442,726.12
Interest result (+/-) EUR 83,316.37
Interest and similar
income EUR 85,123.69
Interest and similar
expenses EUR 1,807.32
thereof paid to related
companies EUR 1,607.15
Financial result
(+/-) EUR 83,316.37
Result from ordinary operations
(+/-) EUR 2,526,042.49
Income tax / refund of
income tax (+/-)EUR -762,974.33
Other taxes / refund of
taxes EUR -40,438.99
Tax (+/-) EUR -803,413.32
Annual surplus / annual
deficit EUR 1,722,629.17
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.10 |
|
|
1 |
Rs.102.04 |
|
Euro |
1 |
Rs.80.74 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
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|
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.