|
Report Date : |
09.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
BOPP & REUTHER MESSTECHNIK GMBH |
|
|
|
|
Registered Office : |
Am Neuen Rheinhafen 4, D 67346 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
28.12.1989 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
·
Manufacture
of Other Special-Purpose Machinery ·
Wholesale of
Other Machinery |
|
|
|
|
No of Employees : |
85 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow |
|
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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
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 |
BOPP & REUTHER MESSTECHNIK GMBH
Company Status: active
Am Neuen Rheinhafen 4
D 67346 Speyer
Telephone:06232/6570
Telefax:
06232/657505
Homepage:
www.burmt.de
E-mail:
info@burmt.de
VAT no.: DE811115122
Tax ID number: 41/652/1132/4
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 28.12.1989
Shareholders'
agreement: 28.12.1989
Registered on: 22.05.2003
Commercial Register: Local court 67061 Ludwigshafen
under: HRB
53091
Share capital: EUR 2,650,000.00
Shareholder:
CBH Holding GmbH
Am Neuen Rheinhafen 4
D 67346 Speyer
Legal form: Private
limited company
Share capital: EUR 60,000.00
Share: EUR 2,650,000.00
Registered on: 21.05.1996
Reg. data: 67061
Ludwigshafen, HRB 52437
Manager:
Dr. Jean-Philippe Herzog
D 67166 Otterstadt
born: 15.11.1965
Profession: Businessman
Marital status: married
Proxy:
Jochen Pilz
D 68623 Lampertheim
authorized to jointly
represent the company
born: 21.04.1949
Further functions/participations of Dr.
Jean-Philippe Herzog
(Manager)
Shareholder:
METRA Energie-Messtechnik
GmbH
Am Neuen Rheinhafen 4
D 67346 Speyer
Legal form: Private
limited company
Share capital: EUR 50,000.00
Share: EUR 25,000.00
Registered
on: 27.01.2005
Reg. data: 67061 Ludwigshafen, HRB 53210
Shareholder:
CBH Holding GmbH
Am Neuen Rheinhafen 4
D 67346 Speyer
Legal form: Private
limited company
Share capital: EUR 60,000.00
Share: EUR 20,000.00
Registered
on: 21.05.1996
Reg. data: 67061 Ludwigshafen, HRB 52437
Manager:
METRA Energie-Messtechnik
GmbH
Am Neuen Rheinhafen 4
D 67346 Speyer
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 27.01.2005
Reg. data: 67061 Ludwigshafen, HRB 53210
Manager:
CBH Holding GmbH
Am Neuen Rheinhafen 4
D 67346 Speyer
Legal form: Private limited company
Share capital: EUR 60,000.00
Registered
on: 21.05.1996
Reg. data: 67061 Ludwigshafen, HRB 52437
Manager:
Bopp & Reuther Petro
Messtechnik GmbH
Am Neuen Rheinhafen 4
D 67346 Speyer
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 05.10.2007
Reg. data: 67061 Ludwigshafen, HRB 60870
Manager:
Bopp & Reuther
Messtechnik Engineering GmbH
Am Neuen Rheinhafen 4
D 67346 Speyer
Legal form: Private
limited company
Share capital: EUR 100,000.00
Registered
on: 29.10.2004
Reg. data: 67061 Ludwigshafen, HRB 53198
28.12.1989 - 21.05.2003 Bopp & Reuther Messtechnik GmbH
Carl-Reuther-Str. 1
D 68305 Mannheim
Private limited company
21.05.2003 - 11.05.2004 Bopp & Reuther Messtechnik GmbH
Am Neuen Rheinhafen 4
D 67346 Speyer
Private limited
company
03.02.2012 - 03.02.2014 Manager
Karsten Lehrke
D 26203 Wardenburg
10.02.2005 - 13.11.2012 Manager
Hans Rolf Bresser
D 67434 Neustadt
Main industrial sector
28990
Manufacture of other special-purpose machinery n.e.c.
46692
Wholesale of other machinery
Shareholder:
Bopp & Reuther Petro
Messtechnik GmbH
Am Neuen Rheinhafen 4
D 67346 Speyer
Legal form: Private
limited company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg. data: 05.10.2007
Local court 67061 Ludwigshafen
HRB 60870
BALANCE
SHEET YEAR: 2012
Insolvency Proceedings
Local court : 67061
Ludwigshafen
File No : 3
a IN 64/13 Sp
Order of institution of :
01.05.2013
Claims to be filed by :
27.05.2013
Creditors' meeting
- Date for pres. of
report on : 23.07.2013
- Date of hearing on :
02.08.2013
Insolvency proceedings
revoked on : 30.09.2013
Insolvency plan
- Debate / Voting on :
03.07.2013
- Surveillance
proceedings ordered on: 03.07.2013
- Surveillance
proceedings revoked on: 23.05.2013
Self-administration
- Pers. supervising legal
transactions : Markus Ernestus
O 3 11-12
D 68161
Mannheim
- granted on : 12.02.2013
- Consent to legal
transactions : Yes
Type of ownership: Tenant
Address Am
Neuen Rheinhafen 4
D 67346 Speyer
Land register documents were not available.
Principal bank
DEUTSCHE BANK, 68161 MANNHEIM
Sort. code: 67070010, Account no.: 0100040000
BIC: DEUTDESMXXX
Further bank
LANDESBANK BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE
BANK, 70144
STUTTGART
Sort. code: 60050101, Account no.: 7496502005
BIC: SOLADEST600, IBAN: DE31600501017496502005
Gross profit or loss: 2012 EUR
6,720,273.00
Profit: 2012 EUR -1,917,654.00
Equipment: EUR 423,330.00
Ac/ts receivable: EUR
2,188,373.00
Liabilities: EUR 2,581,887.00
Employees:
85
- thereof permanent staff: 85
Balance
sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 1.13
Liquidity ratio: 0.90
Return on total capital [%]: -27.38
Balance
sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 26.06
Liquidity ratio: 2.03
Return on total capital [%]: -2.20
Balance
sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 26.21
Liquidity ratio: 3.56
Return on total capital [%]: -0.18
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 23.74
Liquidity ratio: 2.10
Return on total capital [%]: 15.49
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 7,148,395.61
Fixed assets
EUR 1,378,665.16
Intangible assets EUR 118,220.00
Internally generated industrial
property rights and similar rights
and assets
EUR 63,390.00
Other / unspecified intangible assetsEUR 54,830.00
Tangible assets EUR 821,074.69
Plant / machinery
EUR 397,745.00
Other tangible assets / fixtures and
fittings
EUR 423,329.69
Financial
assets EUR 439,370.47
Shares in participations /
subsidiaries and the like
EUR 439,370.47
Shares in related companies
EUR 439,370.47
Current assets EUR 5,610,944.39
Stocks
EUR 3,276,247.37
Received advance payments for orders
(depreciated on the assets side)
EUR -107,049.70
Accounts receivable
EUR 2,188,373.17
Amounts due from related companies
EUR 912,706.36
Amounts due from investee companies
EUR 38,935.25
Other debtors and assets
EUR 1,236,731.56
Liquid means EUR 146,323.85
Remaining other assets
EUR 158,786.06
Accruals (assets)
EUR 14,232.36
Deferred taxes (assets)
EUR 144,553.70
LIABILITIES
EUR 7,148,395.61
Shareholders' equity
EUR 223,387.42
Capital
EUR 2,650,000.00
Subscribed capital (share capital)
EUR 2,650,000.00
Reserves EUR 397,352.78
Capital reserves
EUR 352,471.58
Retained earnings / revenue reserves EUR 44,881.20
Balance sheet profit/loss (+/-)
EUR -2,823,965.36
Balance sheet profit / loss
EUR -2,823,965.36
Provisions
EUR 4,324,104.00
Liabilities
EUR 2,581,887.19
Financial debts
EUR 1,307,058.19
Liabilities due to banks
EUR 1,307,058.19
Other liabilities
EUR 1,274,829.00
Liabililties due to related companiesEUR 17,620.03
Unspecified other liabilities EUR 1,257,208.97
Other liabilities
EUR 19,017.00
Deferred taxes (not included under
provisions/liabilities)
EUR 19,017.00
Guarantees and other commitments
EUR 430,000.00
Sureties / lendings of
creditworthiness
EUR 430,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-)
EUR 6,720,272.84
Staff
expenses EUR 5,451,964.95
Wages and salaries
EUR 4,564,035.80
Social security contributions and
expenses for pension plans and
benefits
EUR 887,929.15
Total depreciation
EUR 274,001.69
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 274,001.69
Other operating expenses EUR 2,748,524.17
Operating result from continuing
operations
EUR -1,754,217.97
Result from participating interests
(+/-)
EUR 40,819.63
Expenses
/ income from participations EUR
40,819.63
Income from transfer of profits
EUR 40,819.63
Interest result (+/-)
EUR -206,893.67
Interest and similar income
EUR 16,817.76
Interest and similar expenses
EUR 223,711.43
Financial result (+/-)
EUR -166,074.04
Result from ordinary operations (+/-)
EUR -1,920,292.01
Income tax / refund of income tax (+/-)EUR 6,631.57
Other taxes / refund of taxes
EUR -3,994.00
Tax (+/-)
EUR 2,637.57
Annual surplus / annual deficit
EUR -1,917,654.44
Type of balance
sheet:
Company balance sheet
Financial year: 01.01.2011 - 31.12.2011
ASSETS EUR 8,430,161.21
Fixed assets
EUR 1,617,523.92
Intangible assets
EUR 170,546.00
Internally generated industrial
property rights and similar rights
and assets
EUR 85,125.00
Concessions, licences, rights
EUR 85,421.00
Tangible assets EUR 927,065.45
Plant / machinery
EUR 516,761.00
Other tangible assets / fixtures and
fittings
EUR 408,712.69
Advance payments made / construction
in progress
EUR 1,591.76
Financial assets
EUR 519,912.47
Shares in participations /
subsidiaries and the like
EUR 519,912.47
Shares in related companies
EUR 519,912.47
Current assets
EUR 6,607,024.82
Stocks
EUR 3,395,116.98
Other / unspecified stocks
EUR 3,395,116.98
Received advance payments for orders
(depreciated on the assets side)
EUR -120,682.31
Accounts receivable
EUR 2,531,914.79
Amounts due from related companies
EUR 1,154,032.78
Amounts due from investee companies
EUR 77,812.63
Other debtors and assets
EUR 1,300,069.38
Liquid means
EUR 679,993.05
Remaining other assets
EUR 205,612.47
Accruals (assets)
EUR 49,939.25
Deferred taxes (assets)
EUR 155,673.22
LIABILITIES EUR 8,430,161.21
Shareholders' equity
EUR 2,156,002.26
Capital
EUR 2,650,000.00
Subscribed capital (share capital)
EUR 2,650,000.00
Reserves
EUR 412,313.18
Capital reserves
EUR 352,471.58
Retained earnings / revenue reserves EUR 59,841.60
Balance sheet profit/loss (+/-)
EUR -906,310.92
Profit / loss brought forward
EUR -724,552.65
Annual surplus / annual deficit
EUR -181,758.27
Provisions
EUR 4,319,054.92
Other / unspecified provisions
EUR 4,319,054.92
Liabilities
EUR 1,929,566.53
Financial debts EUR 574,988.00
Liabilities due to banks
EUR 574,988.00
Other liabilities
EUR 1,354,578.53
Trade creditors (for IAS incl. bills
of exchange)
EUR 1,152,000.00
Unspecified other liabilities
EUR 202,578.53
Other liabilities
EUR 25,537.50
Deferred taxes (not included under
provisions/liabilities)
EUR 25,537.50
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-)
EUR 7,811,521.23
Staff expenses
EUR 5,194,908.95
Wages and salaries EUR 4,371,603.86
Social security contributions and
expenses for pension plans and
benefits
EUR 823,305.09
Total depreciation
EUR 306,486.10
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 306,486.10
Other operating expenses
EUR 2,459,883.02
Operating result from continuing
operations EUR -149,756.84
Result from participating interests
(+/-)
EUR 162,971.94
Expenses / income from participations EUR 162,971.94
Income from transfer of profits
EUR 162,971.94
Interest result (+/-)
EUR -198,721.51
Interest and similar income
EUR 29,655.22
thereof from related companies
EUR 7,220.46
Interest and similar expenses
EUR 228,376.73
thereof paid to related companies
EUR 6,083.33
Financial result (+/-)
EUR -35,749.57
Result from ordinary operations (+/-)
EUR -185,506.41
Income tax / refund of income tax (+/-)EUR 6,764.14
Other taxes / refund of taxes
EUR -3,016.00
Tax (+/-)
EUR 3,748.14
Annual surplus / annual deficit
EUR -181,758.27
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.26 |
|
|
1 |
Rs.97.51 |
|
Euro |
1 |
Rs.77.94 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.