|
Report Date : |
28.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
FISCHER ROHSTOFFE GMBH |
|
|
|
|
Registered Office : |
Am
Waldeck 6, D 77855 Achern |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Year of Establishment : |
2003 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No of Employees : |
5 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 |
FISCHER
Rohstoffe GmbH
Am Waldeck
6
D 77855
Acher
Telephone: 07843/9943-0
Telefax: 07843/9943-19
Homepage: www.fischergruppe.eu
E-mail: info@fischergruppe.eu
Active
DE230251897
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 2003
Shareholders'
agreement: 16.05.2003
Registered on: 22.07.2003
Commercial Register: Local court 68159 Mannheim
under: HRB
220982
Share capital: EUR 25,000.00
Shareholder:
Stephan Fischer
In den Erlen 21
D 77887 Sasbachwalden
born: 05.04.1978
Share: EUR 25,000.00
Manager:
Stephan Fischer
In den Erlen 21
D 77887 Sasbachwalden
having sole power of
representation
born: 05.04.1978
Profession: Industrial manager
Manager:
Arne Koch
D 26209 Hatten
having sole power of
representation
born: 03.11.1980
Proxy:
Thomas Drey
D 50667 Köln
having sole power of
representation
born: 02.05.1964
Further functions/participations of Stephan
Fischer (Manager)
Shareholder:
FISCHER GmbH
Am Waldeck 6
D 77855 Achern
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Share: EUR 500,000.00
Registered
on: 19.12.2003
Reg. data: 68159 Mannheim, HRB 220904
Shareholder:
FISCHER Kunststoffe &
Sekundärrohstoffe GmbH
Ziegelscheune 1
D 09496 Marienberg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 03.03.2008
Reg. data: 09112 Chemnitz, HRB 24056
Shareholder:
FIMA Wohnbau GmbH
Heiliggrabstr. 72
D 96052 Bamberg
Legal form: Private limited
company
Share capital: EUR 25,000.00
Share: EUR 12,750.00
Registered
on: 18.12.2013
Reg. data: 96047 Bamberg, HRB 7761
Manager:
Handelshaus FISCHER GmbH
Am Waldeck 6
D 77855 Achern
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 11.09.2006
Reg. data: 68159 Mannheim, HRB 700916
Manager:
FISCHER Kunststoffe &
Sekundärrohstoffe GmbH
Ziegelscheune 1
D 09496 Marienberg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 03.03.2008
Reg. data: 09112 Chemnitz, HRB 24056
Manager:
FIMA Wohnbau GmbH
Heiliggrabstr. 72
D 96052 Bamberg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 18.12.2013
Reg. data: 96047 Bamberg, HRB 7761
Manager:
recyplast GmbH
In der Struth 19
D 56204 Hillscheid
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 06.01.2000
Reg. data: 56410 Montabaur, HRB 6312
Manager:
FiLo GmbH
Am Waldeck 6
D 77855 Achern
Legal form: Private
limited company
Share capital: EUR 38,346.89
Registered
on: 07.01.2014
Reg. data: 68159 Mannheim, HRB 718596
Manager:
FISCHER cyclepor Iight® GmbH
Am Waldeck 6
D 77855 Achern
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 29.09.1998
Reg. data: 68159 Mannheim, HRB 108678
Manager:
FISCHER GmbH
Am Waldeck 6
D 77855 Achern
Legal form: Private limited company
Share capital: EUR 1,000,000.00
Registered
on: 19.12.2003
Reg. data: 68159 Mannheim, HRB 220904
Manager:
FINOTEC GmbH
Am Waldeck 6
D 77855 Achern
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 16.12.2013
Reg. data: 68159 Mannheim, HRB 718458
Manager:
Romplast PE-Regenerat
GmbH
Philipp-Reis-Str. 25
D 63477 Maintal
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 03.12.2004
Reg. data: 63450 Hanau, HRB 91270
16.05.2003 - 17.05.2006 Renofinanz
GmbH HRB 7145
Rimsinger Weg 3
D 79111 Freiburg
Private limited company
17.05.2006 - 22.10.2012 FISCHER
Rohstoffe GmbH
Am Waldeck 6
D 77855 Achern
Private limited company
22.10.2012 - 04.03.2013 FISCHER
Rohstoffe & Maschinentechnik
GmbH
Am Waldeck 6
D 77855 Achern
Private limited company
05.11.2012 - 06.11.2013 Manager
Bernhard Adelbert Blatter
D 78187 Geisingen
Sectors
46902 Non-specialized wholesale of raw materials
and half-finished and finished goods
49410 Freight transport by road
52291 Forwarding agency
52299 Service activities incidental to
transportation n.e.c.
Payment
experience: within periods customary in this trade
Negative information: We have no negative information at hand.
The maximum credit is our recommendation for
the maximum credit limit for the inquired
company.
Balance sheet year: 2012
Type of ownership: Tenant
Address Am
Waldeck 6
D 77855 Achern
Land register documents were not available.
COMMERZBANK VORMALS DRESDNER BANK, 77601
OFFENBURG
Sort. code: 68080030
BIC: DRESDEFF680
COMMERZBANK VORMALS DRESDNER BANK, 79003
FREIBURG IM BREISGAU
Sort. code: 68080030
BIC: DRESDEFF680
Turnover: 2012 EUR 780,000.00
2013 *EUR 785,000.00
Expected turnover: EUR 785,000.00
Profit: 2012 EUR 9,029.00
further business figures:
Equipment: EUR 1,139.00
Ac/ts receivable: EUR 4,817.00
Liabilities: EUR 1,995.00
Total numbers of
vehicles:
4
Employees:
5
- thereof permanent
staff:
5
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 [%]: 92.95
Liquidity ratio: 10.00
Return on total capital [%]: 15.94
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 71.45
Liquidity ratio: 10.00
Return on total capital [%]: 16.49
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 45.89
Liquidity ratio: 1.65
Return on total capital [%]: 29.75
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 5.60
Liquidity ratio: 0.81
Return on total capital [%]: -7.96
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.
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.
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 56,660.22
Fixed assets EUR 1,139.00
Tangible assets EUR 1,139.00
Current assets EUR 55,521.22
Stocks EUR 5,096.00
Accounts receivable EUR 4,816.62
Liquid means EUR 45,608.60
LIABILITIES EUR 56,660.22
Shareholders' equity EUR 52,665.21
Capital EUR 25,000.00
Subscribed capital
(share capital) EUR 25,000.00
Balance sheet profit/loss
(+/-) EUR 27,665.21
Profit / loss brought
forward EUR 18,635.95
Annual surplus / annual
deficit EUR 9,029.26
Provisions EUR 2,000.00
Liabilities EUR 1,995.01
Type of balance sheet: Company
balance sheet
Financial year: 01.01.2011 - 31.12.2011
ASSETS EUR 61,072.95
Fixed assets EUR 384.00
Tangible assets EUR 384.00
Other / unspecified
tangible assets EUR 384.00
Current assets EUR 60,688.95
Accounts receivable EUR 4,931.59
Other debtors and
assets EUR 4,931.59
Liquid means EUR 55,757.36
LIABILITIES EUR 61,072.95
Shareholders' equity EUR 43,635.95
Capital EUR 25,000.00
Subscribed capital
(share capital) EUR 25,000.00
Balance sheet profit/loss
(+/-) EUR 18,635.95
Profit / loss brought
forward EUR 8,566.00
Annual surplus / annual
deficit EUR 10,069.95
Provisions EUR 2,950.00
Liabilities EUR 14,487.00
Other liabilities EUR 14,487.00
Unspecified other
liabilities EUR 14,487.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 60.09 |
|
|
1 |
Rs. 102.39 |
|
Euro |
1 |
Rs. 81.88 |
INFORMATION DETAILS
|
Analysis Done by
: |
RSM |
|
|
|
|
Report Prepared
by : |
DPT |
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.