|
Report Date : |
02.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
SUSS MICROTEC PHOTOMASK EQUIPMENT GMBH & CO. KG |
|
|
|
|
Registered Office : |
Ferdinand-von-Steinbeis-Ring, 10 D 75447 Sternenfels |
|
|
|
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Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
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|
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Date of Incorporation : |
30.10.2006 |
|
|
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Legal Form : |
Limited Partnership With Private
Limited Company As General
Partner |
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|
|
|
Line of Business : |
·
Manufacture
of other machine tools ·
Wholesale
of other equipment and accessories for
machinery and technical supplies |
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|
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|
No of Employees : |
59 |
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 |
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Payment Behaviour : |
Slow but correct |
|
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 |
Your inquiry: Suss Micro
Tec Photomask Equipment GmbH & Co. Kg, Schleißheimer Str. 90, D 85748
Garching
The subject of your inquiry
is a branch. We are reporting on the headquarters.
SUSS MICROTEC
PHOTOMASK EQUIPMENT GMBH & CO. KG
Company Status: active
Ferdinand-von-Steinbeis-Ring
10 D 75447 Sternenfels
Telephone:07045/41-0
Telefax: 07045/41-101
Homepage: www.suss.com
E-mail: info@suss.com
Business relations are
permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 30.10.2006
Registered on: 30.10.2006
Register of
companies: Local
court 68159 Mannheim
under: HRA
700527
Total cap.
contribution: EUR 500,000.00
Limited partner:
Süss
MicroTec AG
Schleißheimer Str. 90
D
85748 Garching
Legal form: Public limited
company
Share
capital: EUR 19,115,538.00
Share: EUR 500,000.00
Registered on: 22.07.1998
Reg.
data: 80333 München, HRB 121347
General partner:
Suss
MicroTec Photomask Equipment
Beteiligungs-GmbH
Ferdinand-von-Steinbeis-Ring
10
D
75447 Sternenfels
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered on: 11.10.2006
Reg.
data: 68159 Mannheim, HRB 701040
Shareholder:
Süss
MicroTec AG
Schleißheimer Str. 90
D
85748 Garching
Legal
form: Public limited company
Share
capital: EUR 19,115,538.00
Share: EUR 25,000.00
Registered on: 22.07.1998
Reg.
data: 80333 München, HRB 121347
Manager:
Michael Knopp
D
40472 Ratingen
having sole power of
representation
born:
07.11.1966
Profession: Fully qualified merchant
Marital status: married
Proxy:
Michael Knopp
D 40472 Ratingen
authorized to jointly represent the company
born:
07.11.1966
Profession: Fully qualified merchant
Marital status: married
Proxy:
Dr. Markus Arendt
D
76133 Karlsruhe
authorized to jointly represent the company
born:
20.01.1967
Proxy:
Ralf
Krause
D
71706 Markgröningen
authorized to jointly represent the company
born:
16.04.1964
Proxy:
Heinz
Hocke
D
75438 Knittlingen
authorized to jointly represent the company
born:
20.04.1965
Proxy:
Julia
Natterer
D
81379 München
authorized to jointly represent the company
born:
25.09.1974
Proxy:
Walter Braun
D
72213 Altensteig
authorized to jointly represent the company
born:
02.06.1966
30.10.2006 -
02.03.2012 HamaTech APE GmbH & Co.
KG
Ferdinand-von-Steinbeis-Ring
D
75447 Sternenfels
Ltd partnership with priv. ltd. company
as
general partner
Main industrial sector
2849 Manufacture of other machine tools
Secondary industrial sector
46693 Wholesale of other equipment and accessories
for machinery and technical supplies
Branch:
Suss
MicroTec Photomask Equipment GmbH & Co.
KG
Schleißheimer Str. 90
D
85748 Garching
TEL.:
089/320070
Payment experience: Slow
but correct
Negative information:We
have no negative information at hand.
Type of ownership: Tenant
Address Ferdinand-von-Steinbeis-Ring
10
D 75447 Sternenfels
Real Estate of: Suss
MicroTec Photomask Equipment
Beteiligungs-GmbH
Type of ownership: Tenant
Address Ferdinand-von-Steinbeis-Ring
10
D 75447 Sternenfels
Land register documents
were not available.
LANDESBANK
BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE BANK, 70144
STUTTGART
Sort. code: 60050101
BIC: SOLADEST600
Turnover: 2012 EUR 7,670,000.00
2013 *EUR 7,670,000.00
Expected turnover: EUR
7,670,000.00
further business figures:
Equipment: EUR 389,054.00
Ac/ts receivable: EUR
2,506,457.00
Liabilities: EUR 20,447,400.00
Total numbers of vehicles: 5
Employees: 59
- thereof permanent
staff: 59
The business figures marked
with an asterisk are estimates based
on average values in the
line of business.
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 61.27
Liquidity ratio: 0.52
Return on total capital
[%]: 8.76
Balance sheet ratios
01.01.2009 - 31.12.2009
Equity ratio [%]: 71.13
Liquidity ratio: 2.32
Return on total capital
[%]: -40.99
Balance sheet ratios
01.01.2008 - 31.12.2008
Equity ratio [%]: 54.04
Liquidity ratio: 2.68
Return on total capital
[%]: -106.17
Balance sheet ratios
01.01.2007 - 31.12.2007
Equity ratio [%]: 79.78
Liquidity ratio: 10.00
Return on total capital
[%]: 15.18
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: 01.01.2010 - 31.12.2010
ASSETS EUR 21,789,573.87
Fixed assets
EUR 766,018.00
Intangible assets
EUR 298,218.00
Concessions, licences, rights
EUR 298,218.00
Tangible assets
EUR 467,800.00
Land / similar rights
EUR 58,665.00
Plant / machinery
EUR 20,081.00
Other tangible assets / fixtures and
fittings
EUR 389,054.00
Current assets
EUR 16,507,601.83
Stocks
EUR 13,461,772.43
Raw materials, consumables and
supplies
EUR 3,189,869.82
Finished goods / work in progress
EUR 10,271,902.61
Accounts receivable
EUR 2,506,457.20
Trade debtors
EUR 1,173,575.98
Amounts due from related companies
EUR 270,932.73
Other debtors and assets
EUR 1,061,948.49
Liquid means
EUR 539,372.20
Remaining other assets
EUR 4,515,954.04
Accruals (assets)
EUR 237,352.15
Deficit not covered by shareholders'
equity
EUR 4,278,601.89
LIABILITIES EUR 21,789,573.87
Shareholders' equity
EUR 0.00
Capital
EUR -4,278,601.89
Limited partner's capital / capital
of partially liable partner (LP)
EUR -4,278,601.89
Limited partner's capital, fixed
capital, capital account I
EUR 3,000,000.00
- Loss brought forward account
EUR 7,278,601.89
Other shareholders' equity (+/-)
EUR 4,278,601.89
Limited partners' share in the loss
not covered by capital contributions EUR 4,278,601.89
Provisions
EUR 1,342,173.66
Provisions for taxes
EUR 420,000.00
Other / unspecified provisions
EUR 922,173.66
Liabilities
EUR 20,447,400.21
thereof total due to shareholders
EUR 15,065,804.31
Other liabilities EUR 20,447,400.21
Trade creditors (for IAS incl. bills
of exchange)
EUR 3,333,177.56
Liabilities from received advance
payments
EUR 1,487,980.00
Liabililties due to related companiesEUR 15,526,967.42
Unspecified other liabilities
EUR 99,275.23
thereof liabilities from tax /
financial authorities
EUR 47,661.33
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 17,534,677.65
Inventory change + own costs (+/-)
EUR 8,583,600.51
Inventory change (+/-)
EUR 8,474,900.51
Capitalised
own costs EUR 108,700.00
Other operating income
EUR 1,757,313.04
Cost of materials
EUR 16,666,611.63
Raw materials and supplies, purchased
goods EUR 14,974,919.29
Purchased services
EUR 1,691,692.34
Gross result (+/-)
EUR 11,208,979.57
Staff expenses
EUR 4,094,076.42
Wages
and salaries EUR 3,572,894.32
Social security contributions and
expenses for pension plans and
benefits
EUR 521,182.10
Total depreciation
EUR 259,239.17
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 259,239.17
Other operating expenses
EUR 4,341,955.65
Operating result from continuing
operations
EUR 2,513,708.33
Interest result (+/-)
EUR -532,892.09
Interest and similar income
EUR 15,827.86
thereof from related companies
EUR 14,684.10
Interest and similar expenses
EUR 548,719.95
thereof paid to related companies
EUR 524,109.36
Financial result (+/-)
EUR -532,892.09
Result from ordinary operations (+/-)
EUR 1,980,816.24
Income tax / refund of income tax (+/-)EUR -458,388.66
Other taxes / refund of taxes
EUR -1,362.00
Tax
(+/-)
EUR -459,750.66
Annual
surplus / annual deficit EUR 1,521,065.58
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 13,636,062.00
Fixed assets
EUR 699,722.81
Intangible assets
EUR 403,862.00
Concessions, licences, rights
EUR 403,862.00
Tangible assets
EUR 295,860.00
Plant / machinery EUR 375.00
Other tangible assets / fixtures and
fittings
EUR 295,485.00
Financial assets
EUR 0.81
Shares in participations /
subsidiaries and the like
EUR 0.81
Shares in related companies
EUR 0.81
Current assets
EUR 7,097,121.11
Stocks
EUR 3,878,167.89
Raw materials, consumables and
supplies
EUR 2,081,165.79
Finished goods / work in progress
EUR 1,797,002.10
Accounts receivable
EUR 3,098,660.15
Trade debtors
EUR 2,402,964.04
Amounts due from related companies
EUR 369,186.78
Other debtors and assets
EUR 326,509.33
Liquid means
EUR 120,293.07
Remaining other assets
EUR 5,839,218.08
Accruals (assets)
EUR 39,550.61
Deficit not covered by shareholders'
equity
EUR 5,799,667.47
LIABILITIES EUR 13,636,062.00
Shareholders' equity
EUR 0.00
Capital
EUR -5,799,667.47
Limited partner's capital / capital
of partially liable partner (LP)
EUR -5,799,667.47
Limited partner's capital, fixed
capital, capital account I
EUR 3,000,000.00
- Loss brought forward account
EUR -8,799,667.47
Other shareholders' equity (+/-)
EUR 5,799,667.47
Limited partners' share in the loss
not covered by capital contributions EUR 5,799,667.47
Provisions
EUR 749,104.33
Other / unspecified provisions
EUR 749,104.33
Liabilities
EUR 12,886,957.67
thereof total due to shareholders
EUR 11,431,789.14
Other liabilities
EUR 12,886,957.67
Trade creditors (for IAS incl. bills
of exchange)
EUR 863,645.41
Liabilities from received advance
payments
EUR 355,521.17
Liabililties due to related companiesEUR 11,431,789.14
Unspecified
other liabilities EUR 236,001.95
thereof liabilities from tax /
financial authorities
EUR 166,146.36
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales EUR 9,628,961.81
Inventory change + own costs (+/-)
EUR 1,334,075.47
Inventory change (+/-)
EUR 1,300,811.69
Capitalised own costs
EUR 33,263.78
Other operating income
EUR 555,170.88
Cost of materials
EUR 7,662,963.14
Raw materials and supplies, purchased
goods
EUR 6,501,751.28
Purchased services
EUR 1,161,211.86
Gross result (+/-)
EUR 3,855,245.02
Staff expenses
EUR 4,108,359.53
Wages and salaries
EUR 3,544,564.11
Social security contributions and
expenses for pension plans and
benefits
EUR 563,795.42
Total depreciation
EUR 238,182.64
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 238,182.64
Other operating expenses
EUR 2,442,184.69
Operating result from continuing
operations
EUR -2,933,481.84
Interest result (+/-)
EUR -130,750.54
Interest and similar income
EUR 19,749.75
thereof from related companies
EUR 18,066.35
Interest and similar expenses
EUR 150,500.29
thereof paid to related companies
EUR 149,873.90
Financial result (+/-)
EUR -130,750.54
Result from ordinary operations (+/-)
EUR -3,064,232.38
Income tax / refund of income tax (+/-)EUR -63,190.96
Other taxes / refund of taxes
EUR -1,628.00
Tax
(+/-)
EUR -64,818.96
Annual surplus / annual deficit
EUR -3,129,051.34
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.75 |
|
|
1 |
Rs.100.07 |
|
Euro |
1 |
Rs.77.95 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TPT |
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.