|
Report Date : |
16.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
DR. MACH GMBH
& CO. KG |
|
|
|
|
Registered Office : |
Floßmannstr. 28, D 85560 Ebersberg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Year of Establishment : |
1947 |
|
|
|
|
Com. Reg. No.: |
Hra 42412 |
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd.
company as general partner |
|
|
|
|
Line of Business : |
·
Manufacturer
of instruments and appliances for measuring, testing as well as navigation ·
Manufacturer
of irradiation, electromedical and electrotherapeutic equipment ·
Agents
involved in the sale of pharmaceutical goods,
medical and orthopedic goods, laboratory supplies, medical and dental supplies, dental instruments Subject product
ranges includes:- ·
OT-Lights ·
Examination Lights ·
Spot Lights ·
OT-Video System · Ancillary Products |
|
|
|
|
No of Employees : |
72 |
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 : |
Satisfactory |
|
|
|
|
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 |
Dr. Mach GmbH & Co. KG
Floßmannstr. 28
D 85560 Ebersberg
Telephone: 08092/20930
Telefax: 08092/209350
Homepage: www.dr-mach.de
E-mail:
info@dr-mach.de
active
DE127913883
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 1947
Registered on: 08.04.1971
Register of
companies: Local
court 80333 München
under: HRA
42412
Total cap. contribution: EUR 62,888.90
Annette Kemper
Oberes Vocherl 4
D 82327 Tutzing
born: 03.10.1952
née: Dufter
Share: EUR 31,444.45
Limited
partner:
Dagmar Dufter-Ananou SARL
Registre du Commerce et des So
ciétés Strasbourg Nr.514054683
F - Eckbolsheim
Legal form: Other legal form
Share: EUR 31,444.45
Hans Dufter Gesellschaft mit beschränkter
Haftung
Floßmannstr. 28
D 85560 Ebersberg
Legal form: Private limited company
Share capital: EUR 25,564.60
Registered on: 28.10.1998
Reg. data: 80333 München, HRB 43098
Dagmar Dufter-Ananou
Rue Ch. Baudelaire 1
F 67370 Griesheim s. Souffel
born: 14.06.1956
née: Dufter
Share: EUR 12,782.30
Shareholder:
Annette Kemper
Oberes Vocherl 4
D 82327 Tutzing
born: 03.10.1952
née: Dufter
Share: EUR 12,782.30
Dr. Hans-Jörg Kemper
Oberes Vocherl 4
D 82327 Tutzing
authorized to jointly represent the
company
born: 28.12.1947
Profession: Businessman
Gerhard Fischer
Platanenweg 3
D 85609 Aschheim
authorized to jointly represent the
company
born: 21.07.1969
Proxy:
Alfred Brack
D 85560 Ebersberg
authorized to jointly represent the
company
born: 12.08.1958
Proxy:
Rainer Adams
D 85567 Grafing
authorized to jointly represent the company
born: 06.09.1967
08.04.1971 - 16.04.2014 Dr.
Mach - GmbH & Co. KG
Floßmannstr. 28
D 85560 Ebersberg
Ltd partnership with
priv. ltd. company
as general partner
Main industrial sector
26512
Manufacture of instruments and appliances for measuring, testing as well
as navigation
2660
Manufacture of irradiation, electromedical and electrotherapeutic
equipment
46184
Agents involved in the sale of pharmaceutical goods, medical and orthopedic goods, laboratory
supplies, medical and dental supplies,
dental instruments
Subject product
ranges includes:-
·
OT-Lights
·
Examination Lights
·
Spot Lights
·
OT-Video System
· Ancillary Products
Branch:
Dr. Mach GmbH & Co.
KG
Anzinger Str. 12
D 85560 Ebersberg
TEL.: 08092/2093-20
FAX.: 08092/2093-60
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2012
Type of ownership: Tenant
Address Floßmannstr.
28
D 85560 Ebersberg
Real Estate of: Hans
Dufter Gesellschaft mit beschränkter Haftung
Type of ownership: Tenant
Address Floßmannstr.
28
D 85560 Ebersberg
Land register documents were not available.
KREISSPARKASSE MÜNCHEN STARNBERG
EBERSBERG, 85554 EBERSBERG, OBERBAY
Sort. code: 70051805
BIC: BYLADEM1EBE
UNICREDIT BANK - HYPOVEREINSBANK, 85553
EBERSBERG, OBERBAY
Sort. code: 70020270
BIC: HYVEDEMMXXX
Gross
profit or loss:2012
EUR 14,764,359.00
Profit: 2012 EUR 6,423,126.00
Equipment: EUR 584,505.00
Ac/ts receivable: EUR 2,391,437.00
Liabilities: EUR 16,149,861.00
Total numbers of vehicles: 5
-
Lorries:
1
-
Passenger cars: 1
Employees:
72
-
thereof permanent staff: 68
-
Trainees:
4
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 85.83
Liquidity ratio: 10.00
Return on total capital [%]: 35.84
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 81.05
Liquidity
ratio: 10.00
Return on total capital [%]: 43.05
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 78.85
Liquidity ratio: 10.00
Return on total capital [%]: 39.28
Balance
sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 2.13
Liquidity ratio: 0.40
Return on total capital [%]: 32.06
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 17,931,566.96
Fixed assets EUR 811,171.00
Intangible assets
EUR 24,659.00
Tangible assets
EUR 786,512.00
Plant / machinery
EUR 202,007.00
Other
tangible assets / fixtures and
fittings
EUR 584,505.00
Current assets
EUR 17,117,583.46
Stocks
EUR 4,386,204.43
Accounts receivable
EUR 2,391,437.42
Liquid means
EUR 10,339,941.61
Remaining other assets
EUR 2,812.50
Accruals (assets)
EUR 2,812.50
LIABILITIES EUR 17,931,566.96
Shareholders' equity
EUR 301,686.59
Capital
EUR 301,686.59
Provisions
EUR 1,480,019.00
Liabilities
EUR 16,149,861.37
Financial debts
EUR 3,790.02
Liabilities due to banks
EUR 3,790.02
Other liabilities
EUR 16,146,071.35
Liabilities due to shareholders
EUR 15,091,525.87
Unspecified other liabilities
EUR 1,054,545.48
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-) EUR 14,764,359.16
Staff expenses
EUR 4,406,961.46
Wages and salaries
EUR 3,788,319.12
Social security contributions and
expenses for pension plans and
benefits EUR 618,642.34
Total depreciation
EUR 220,900.06
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 220,900.06
Other operating expenses
EUR 2,411,782.15
Operating result from continuing
operations
EUR 7,724,715.49
Interest result (+/-)
EUR -433,293.95
Interest and similar income
EUR 74,059.48
Interest and similar expenses
EUR 507,353.43
Financial result (+/-)
EUR -433,293.95
Result from ordinary operations (+/-)
EUR 7,291,421.54
Income tax / refund of income tax (+/-)EUR -866,287.00
Other taxes / refund of taxes
EUR -2,009.00
Tax
(+/-)
EUR -868,296.00
Annual surplus / annual deficit
EUR 6,423,125.54
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2011 - 31.12.2011
ASSETS EUR 13,436,465.11
Fixed assets
EUR 778,899.00
Intangible assets
EUR 23,212.00
Other / unspecified intangible assetsEUR 23,212.00
Tangible assets
EUR 755,687.00
Plant / machinery
EUR 183,645.00
Other tangible assets / fixtures and
fittings
EUR 572,042.00
Current assets
EUR 12,654,753.61
Stocks
EUR 3,741,355.17
Accounts receivable
EUR 2,185,952.32
Other debtors and assets
EUR 2,185,952.32
Liquid means
EUR 6,727,446.12
Remaining other assets
EUR 2,812.50
Accruals (assets)
EUR 2,812.50
LIABILITIES EUR 13,436,465.11
Shareholders' equity
EUR 247,985.57
Capital EUR 247,985.57
Provisions
EUR 1,404,000.00
Liabilities
EUR 11,784,479.54
Financial debts
EUR 23,686.63
Liabilities due to banks
EUR 23,686.63
Other liabilities
EUR 11,760,792.91
Liabilities due to shareholders
EUR 10,644,064.10
Unspecified other liabilities
EUR 1,116,728.81
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 13,275,554.75
Staff expenses
EUR 4,033,757.73
Wages and salaries
EUR 3,472,850.95
Social security contributions and
expenses for pension plans and
benefits
EUR 560,906.78
Total depreciation
EUR 212,279.99
Depreciation
on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 212,279.99
Other operating expenses
EUR 2,131,171.94
Operating result from continuing
operations
EUR 6,898,345.09
Interest result (+/-)
EUR -306,889.96
Interest and similar income
EUR 59,140.89
Interest and similar expenses
EUR 366,030.85
Financial result (+/-)
EUR -306,889.96
Result from ordinary operations (+/-)
EUR 6,591,455.13
Income tax / refund of income tax (+/-)EUR -809,037.00
Other taxes / refund of taxes
EUR -2,541.27
Tax
(+/-)
EUR -811,578.27
Annual surplus / annual deficit
EUR 5,779,876.86
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.47 |
|
UK Pound |
1 |
Rs.99.70 |
|
Euro |
1 |
Rs.81.55 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
MNL |
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.