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Report Date : |
28.10.2014 |
IDENTIFICATION DETAILS
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Name : |
BERNHARD AMSBECK BETON-GUß GMBH & CO. KG |
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Registered Office : |
Kührener
Str. 5 OT Kühren- Burkartshain D 04808 Wurzen |
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Country : |
Germany |
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
01.01.1998 |
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Com. Reg. No.: |
HRA 12990 |
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Legal Form : |
Ltd partnership with priv. ltd. company as general partner |
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Line of Business : |
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No. of Employees : |
Not Available |
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 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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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 – 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 |
Bernhard Amsbeck Beton-Guß GmbH &
Co. KG
Kührener
Str. 5 OT Kühren-
Burkartshain
D 04808
Wurzen
Telephone: 034261/63330
Telefax: 034261/61283
Homepage:
www.amsbeck.de
E-mail: hwenger@amsbeck.de
DE205651529
346/5851/0579
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 01.01.1998
Registered on: 08.07.1998
Register of companies: Local
court 04275 Leipzig
under: HRA
12990
Total cap. contribution: EUR 153,387.57
Susanne Weritz
Milter Str. 17
D 48231 Warendorf
born: 05.02.1962
née: Amsbeck
Share: EUR 153,387.57
Bernhard Amsbeck
Beton-Guß
Beteiligungsgesellschaft
mbH
Kührener Str. 5 OT
Kühren-
Burkartshain
D 04808 Wurzen
Legal form: Private
limited company
Share capital: EUR 25,600.00
Registered on: 29.12.1997
Reg. data: 04275 Leipzig,
HRB 14035
Susanne Weritz
Milter Str. 17
D 48231 Warendorf
born: 05.02.1962
née: Amsbeck
Share: EUR
25,600.00
Susanne Weritz
Milter Str. 17
D 48231 Warendorf
having sole power of
representation
born: 05.02.1962
née: Amsbeck
Profession: Fully
qualified political
Economist
Hendrik Lütke Bexten
D 48231 Warendorf
having sole power of representation
born: 21.05.1971
01.01.1998 - 2003 Bernhard Amsbeck Beton-Guß GmbH &
Co. KG
Kührener Str. 1
D 04808 Wurzen
Ltd partnership with
priv. ltd. company
as general partner
Sectors
2369
Manufacture of other articles of concrete, cement and plaster n.e.c.
4690 Non-specialized wholesale
trade
Payment experience: within periods customary in this trade
Negative information:We have no negative
information at hand.
Balance sheet year: 2013
Type of ownership: proprietor
Share: 100.00 %
Address Kührener Str. 5 OT Kühren-
Burkartshain
D 04808 Wurzen
Land register documents were not available.
SPARKASSE MÜNSTERLAND OST, 48231 WARENDORF
Sort. code: 40050150
BIC: WELADED1MST
VOLKS- UND RAIFFEISENBANK MULDENTAL, 04662
GRIMMA
Sort. code: 86095484
BIC: GENODEF1GMV
UNICREDIT BANK - HYPOVEREINSBANK, 44003
DORTMUND
Sort. code: 44020090
BIC: HYVEDEMM808
Turnover: 2012 EUR 6,200,000.00
2013 EUR 6,200,000.00
further business figures:
Equipment: *EUR 203,000.00
Ac/ts receivable: EUR 376,134.00
Liabilities: EUR 3,071,568.00
Real estate of the firm: EUR 817,416.00
Employees:
29
-
thereof permanent staff: 29
The business figures marked with an asterisk
are estimates based on average values in the line of business.
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 39.04
Liquidity ratio: 0.19
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 7.02
Liquidity ratio: 0.12
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 10.62
Liquidity ratio: 0.11
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.
Type of balance
sheet: Company balance sheet
Financial year:
01.01.2013 - 31.12.2013
ASSETS EUR 3,549,093.28
Fixed assets
EUR 1,102,264.02
Intangible assets
EUR 3,411.50
Tangible assets
EUR 1,098,852.52
Current assets
EUR 2,446,829.26
Stocks
EUR 2,069,037.05
Accounts receivable
EUR 376,134.15
Liquid means EUR 1,658.06
LIABILITIES EUR 3,549,093.28
Shareholders' equity
EUR 153,387.56
Capital
EUR 153,387.56
Limited
partner's capital / capital
of partially liable partner (LP)
EUR 153,387.56
Items between shareholders' equity and
debt capital
EUR 207,533.00
Special items with reserve funds
EUR 207,533.00
Provisions
EUR 116,605.00
Liabilities
EUR 3,071,567.72
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 3,680,521.53
Fixed assets
EUR 1,043,261.45
Intangible assets
EUR 5,756.00
Tangible assets
EUR 1,037,505.45
Current assets
EUR 2,637,260.08
Stocks
EUR 2,252,218.22
Accounts receivable
EUR 379,448.49
Liquid means EUR 5,593.37
LIABILITIES EUR 3,680,521.53
Shareholders' equity
EUR 153,387.56
Capital
EUR 153,387.56
Limited
partner's capital / capital
of partially liable partner (LP)
EUR 153,387.56
Items between shareholders' equity and
debt capital
EUR 215,379.00
Special items with reserve funds
EUR 215,379.00
Provisions
EUR 102,700.00
Liabilities
EUR 3,209,054.97
Inconsistent balance sheets:
Financial year published on
01.01.2010 - 31.12.2010 30.12.2011
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.22 |
|
|
1 |
Rs.98.52 |
|
Euro |
1 |
Rs.77.75 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
PDT |
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 |
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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.