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Report Date : |
19.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
TRAMPOLIN MODEVERTRIEB GMBH. |
|
|
|
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Registered Office : |
Mainleite 74, D 97340 Marktbreit |
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Country : |
Germany |
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|
Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
01.10.1983 |
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|
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Legal Form : |
Private Limited Company |
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Line of Business : |
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No of Employees : |
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RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
|
With Financial |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
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|
|
|
Payment Behaviour : |
No Complaints |
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|
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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 – december 01, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
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, 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 |
Trampolin
Modevertrieb GmbH
Mainleite
74
D 97340
Marktbreit
Telephone:09332/5040-0
Telefax: 09332/5040-40
Homepage: www.trampolin.de
E-mail: info@trampolin.de
Active
DE152295222
Business
relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 01.10.1983
Shareholders'
agreement: 30.06.1986
Registered on: 25.08.1986
Commercial Register: Local court 97070 Würzburg
under: HRB
2869
Share capital: EUR 511,291.88
Shareholder:
Lothar Ullrich
Mühlsteige 53
D 97340 Marktbreit
born: 03.05.1953
Share: EUR 255,645.94
Shareholder:
Gudrun Ullrich
Mühlsteige 53
D 97340 Marktbreit
born: 01.05.1955
née: Eckstein
Share: EUR 255,645.94
Manager:
Lothar Ullrich
Mühlsteige 53
D 97340 Marktbreit
having sole power of
representation
born: 03.05.1953
Profession: Businessman
Marital status: married
Further functions/participations of Lothar
Ullrich (Manager) Shareholder:
AUTHENTIC STYLE
Modevertriebs GmbH
Mainleite 45
D 97340 Marktbreit
Legal form: Private
limited company
Share capital: EUR 30,000.00
Share: EUR 30,000.00
Registered
on: 02.12.1991
Reg. data: 97070 Würzburg, HRB 4179
Shareholder:
Authentic Style
Verwaltungs-GmbH
Mainleite 74
D 97340 Marktbreit
Legal form: Private
limited company
Share capital: EUR 30,000.00
Share: EUR 30,000.00
Registered
on: 03.12.2010
Reg. data: 97070 Würzburg, HRB 10905
Manager:
AUTHENTIC STYLE
Modevertriebs GmbH
Mainleite 45
D 97340 Marktbreit
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 02.12.1991
Reg. data: 97070 Würzburg, HRB 4179
Manager:
Authentic Style
Verwaltungs-GmbH
Mainleite 74
D 97340 Marktbreit
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 03.12.2010
Reg. data: 97070 Würzburg, HRB 10905
Sectors
46410 Wholesale of textiles
47710 Retail sale of clothing
Payment experience: without complaints
Negative information: We have no negative information
at hand.
Balance sheet year: 2012
Type of ownership: Tenant
Address Plochmanngasse
1
D 97340 Marktbreit
Type of ownership: Tenant
Address Mainleite
74
D
97340 Marktbreit
Real Estate of: Lothar
Ullrich
Type of ownership: part
owner
Share: 50.00 %
Address Mainleite
74
D 97340 Marktbreit
Real Estate of: Lothar
Ullrich
Type of ownership: proprietor
Share: 100.00 %
Address Mühlsteige
53
D 97340 Marktbreit
Real Estate of: Lothar
Ullrich
Type of ownership: part
owner
Share: 50.00 %
Address Mainleite
74
D 97340 Marktbreit
Real Estate of: Lothar
Ullrich
Type of ownership: proprietor
Share: 100.00 %
Address Mühlsteige
53
D 97340 Marktbreit
Land register documents were not available.
Principal bank
SPARKASSE MAINFRANKEN WÜRZBURG, 97318
KITZINGEN
Sort. code: 79050000
BIC: BYLADEM1SWU
Further banks
FÜRSTLICH CASTELLSCHE BANK, 97305 KITZINGEN
Sort. code: 79030001
BIC: FUCEDE77XXX
COMMERZBANK WÜRZBURG, 97070 WÜRZBURG
Sort. code: 79040047
BIC: COBADEFF790
DEUTSCHE BANK, 97004 WÜRZBURG
Sort. code: 79070016
BIC: DEUTDEMM790
Turnover: 2012 *EUR 5,602,500.00
2013 *EUR 5,602,500.00
Profit: 2012 EUR 2,265,479.00
further business figures:
Equipment: *EUR 332,000.00
Employees: 54
- thereof permanent
staff:
32
- Part-time employees: 19
- Trainees:
3
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 [%]: 77.87
Liquidity ratio: 10.00
Return on total capital [%]: 63.90
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 68.12
Liquidity ratio: 10.00
Return on total capital [%]: 48.14
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 46.66
Liquidity ratio: 10.00
Return on total capital [%]: -98.26
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 81.56
Liquidity ratio: 10.00
Return on total capital [%]: 35.49
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 3,554,608.96
Fixed assets
EUR 265,803.00
Intangible assets
EUR 18,041.00
Other / unspecified intangible assetsEUR 18,041.00
Tangible assets
EUR 247,762.00
Other / unspecified tangible assets
EUR 247,762.00
Current assets
EUR 3,288,340.96
Accounts receivable
EUR 847,974.15
Other debtors and assets
EUR 847,974.15
Liquid means
EUR 2,440,366.81
Remaining other assets
EUR 465.00
Accruals (assets)
EUR 465.00
LIABILITIES EUR 3,554,608.96
Shareholders' equity
EUR 2,770,125.50
Capital EUR 511,291.88
Subscribed capital (share capital)
EUR 511,291.88
Reserves
EUR -122,434.00
Retained earnings / revenue reserves EUR -122,434.00
Balance sheet profit/loss (+/-)
EUR 2,381,267.62
Profit / loss brought forward
EUR 115,788.64
Annual surplus / annual deficit
EUR 2,265,478.98
Provisions
EUR 673,577.28
Liabilities EUR 110,906.18
Other liabilities
EUR 110,906.18
Unspecified other liabilities
EUR 110,906.18
Type of
balance sheet: Company balance sheet
Financial
year: 01.01.2011 - 31.12.2011
ASSETS EUR 6,607,866.62
Fixed assets
EUR 291,986.00
Intangible assets
EUR 19,645.00
Other / unspecified intangible assetsEUR 19,645.00
Tangible assets
EUR 272,341.00
Other / unspecified tangible assets
EUR 272,341.00
Current assets
EUR 6,315,415.62
Stocks
EUR 57,228.00
Accounts receivable
EUR 1,200,188.98
Other debtors and assets
EUR 1,200,188.98
Liquid means
EUR 5,057,998.64
Remaining other assets
EUR 465.00
Accruals (assets)
EUR 465.00
LIABILITIES EUR 6,607,866.62
Shareholders' equity EUR 4,504,646.52
Capital
EUR 511,291.88
Subscribed capital (share capital)
EUR 511,291.88
Reserves
EUR -122,434.00
Retained earnings / revenue reserves EUR -122,434.00
Balance sheet profit/loss (+/-)
EUR 4,115,788.64
Profit / loss brought forward
EUR 939,799.36
Annual surplus / annual deficit
EUR 3,175,989.28
Provisions
EUR 1,054,351.73
Liabilities
EUR 1,048,868.37
Other liabilities
EUR 1,048,868.37
Unspecified other liabilities
EUR 1,048,868.37
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 60.94 |
|
|
1 |
Rs. 101.37 |
|
Euro |
1 |
Rs. 84.89 |
INFORMATION DETAILS
|
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.