|
Report Date : |
13.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
SPECTRO
ANALYTICAL INSTRUMENTS GMBH |
|
|
|
|
Registered Office : |
Boschstr.
10 D 47533 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
08.04.1997 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
Manufacture
of instruments and appliances for measuring, testing and navigation |
|
|
|
|
No. of Employees |
283 |
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 – 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 |
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 |
SPECTRO ANALYTICAL INSTRUMENTS GMBH
Company Status: active
Boschstr. 10
D 47533 Kleve
Telephone:02821/892-0
Telefax: 02821/892-2200
Homepage: www.spectro.de
E-mail: spectro.info@ametek.com
VAT no.: DE196424280
Tax ID number: 116/5700/3643
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 08.04.1997
Shareholders'
agreement: 08.04.1997
Registered on: 09.03.1998
Commercial Register: Local court 47533 Kleve
under: HRB
1876
Share capital: EUR 290,500.00
Shareholder:
AMETEK Material Analysis
Holdings GmbH
Boschstr. 10
D 47533 Kleve
Legal form: Private
limited company
Share capital: EUR 28,000.00
Share: EUR 290,500.00
Registered on: 09.12.2008
Reg. data: 47533 Kleve,
HRB 9403
Profit transfer agreement
Manager:
Manfred Andreas Bergsch
Kiebitzweg 30
D 47533 Kleve
having sole power of
representation
born: 13.12.1954
Marital status: married
Proxy:
Dr. Joachim Heckel
An der Steinmühle
D 47546 Kalkar
having sole power of
representation
born: 03.12.1953
Profession: Businessman
Proxy:
Rainer Petry
D 47533 Kleve
having sole power of
representation
born: 11.01.1960
Proxy:
Rolf Bernd Singendonk
D 47533 Kleve
having sole power of
representation
born: 01.05.1958
Proxy:
Michael Privik
D 47559 Kranenburg
having sole power of
representation
born: 06.03.1965
Further functions/participations of Manfred
Andreas Bergsch
(Manager)
Manager:
Ametek Grundbesitz GmbH
Boschstr. 10
D 47533 Kleve
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 01.12.2006
Reg. data: 47533 Kleve, HRB 8399
Manager:
Powervar Deutschland GmbH
Melkweg 16
D 33106 Paderborn
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 28.02.2006
Reg. data: 33098 Paderborn, HRB 7995
Manager:
Teseq GmbH
Landsberger Str. 255
D 12623 Berlin
Legal form: Private
limited company
Share capital: EUR 250,000.00
Registered
on: 13.12.2006
Reg. data: 14057 Berlin, HRB 105214 B
Manager:
AMETEK European Holdings
GmbH
Boschstr. 10
D 47533 Kleve
Legal form: Private limited
company
Share capital: EUR 25,000.00
Registered
on: 06.07.2014
Reg. data: 47533 Kleve, HRB 12909
Manager:
AMETEK Material Analysis
Holdings GmbH
Boschstr. 10
D 47533 Kleve
Legal form: Private
limited company
Share capital: EUR 28,000.00
Registered
on: 09.12.2008
Reg. data: 47533 Kleve, HRB 9403
Manager:
Direl Holding GmbH
Allmendstr. 11
D 79848 Bonndorf
Legal form: Private
limited company
Share capital: EUR 525,000.00
Registered
on: 05.05.2010
Reg. data: 79098 Freiburg, HRB 705259
Manager:
Dunkermotoren GmbH
Allmendstr. 11
D 79848 Bonndorf
Legal form: Private
limited company
Share capital: EUR 2,050,000.00
Registered
on: 27.04.2010
Reg. data: 79098 Freiburg, HRB 705227
Manager:
Direl GmbH
Allmendstr. 11
D 79848 Bonndorf
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 23.04.2010
Reg. data: 79098 Freiburg, HRB 705214
Manager:
MicroPoise Measurement
Systems Europe GmbH
Moislinger Allee 224
D 23558 Lübeck
Legal form: Private
limited company
Share capital: EUR
25,000.00
Registered
on: 10.05.2010
Reg. data: 23568 Lübeck, HRB 10101 HL
08.04.1997 - 02.12.1997 JFVG Zweiundneunzigste
Vermögensverwaltungsgesellschaft
mbH
Klopstockstr. 5
D 65187 Wiesbaden
Private limited
company
03.12.1997 - 09.03.1998 SPECTRO Beteiligungs GmbH
Klopstockstr. 5
D 65187 Wiesbaden
Private limited
company
09.03.1998 - 16.11.2008 SPECTRO Beteiligungs GmbH
Boschstr. 10
D 47533 Kleve
Private limited company
Main industrial sector
2651
Manufacture of instruments and appliances for measuring, testing and
navigation
46693 Wholesale of other equipment and accessories
for machinery and technical supplies
Secondary industrial sector
64200
Activities of holding companies
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
BALANCE SHEET YEAR: 2012
Type of ownership: unknown
Address Boschstr.
10
D 47533 Kleve
Land register documents were not available.
COMMERZBANK VORMALS DRESDNER BANK, 47512
KLEVE, NIEDERRHEIN
Sort. code: 32080010
BIC: DRESDEFF320
COMMERZBANK, 47511 KLEVE, NIEDERRHEIN
Sort. code: 32440023
BIC: COBADEFFXXX
Turnover: 2012 EUR 108,262,796.00
2013 EUR 93,000,000.00
Profit: 2012 EUR 30,627,875.00
further business figures:
Equipment: EUR 2,205,091.00
Ac/ts receivable: EUR 72,635,286.00
Liabilities: EUR 63,426,967.00
Employees:
283
- Trainees:
19
Profit transfer agreement to:
AMETEK Material Analysis
Holdings GmbH
Boschstr. 10
D 47533 Kleve
Balance sheet ratios
01.01.2012 - 31.12.2012
Equity ratio [%]: 76.21
Liquidity ratio: 5.22
Return on total capital
[%]: 31.95
Balance sheet ratios
01.01.2011 - 31.12.2011
Equity ratio [%]: 74.85
Liquidity ratio: 4.98
Return on total capital
[%]: 38.91
Balance sheet ratios
01.01.2010 - 31.12.2010
Equity ratio [%]: 57.21
Liquidity ratio: 2.95
Return on total capital
[%]: 26.31
Balance sheet ratios
01.01.2009 - 31.12.2009
Equity ratio [%]: 48.06
Liquidity ratio: 2.15
Return on total capital
[%]: 26.77
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 103,204,372.24
Fixed assets EUR 20,023,241.74
Intangible assets EUR 7,620,375.82
Concessions, licences, rights EUR 263,316.29
Goodwill EUR 7,357,059.53
Tangible assets EUR 4,179,822.30
Land / similar
rights EUR 1,013,315.05
Plant / machinery EUR 141,331.03
Other tangible assets /
fixtures and
fittings EUR 2,205,090.58
Advance payments made /
construction
in progress EUR 820,085.64
Financial assets EUR 8,223,043.62
Shares in participations
/
subsidiaries and the
like EUR 6,505,443.62
Shares in related
companies EUR 5,617,690.34
Shares in investee
companies EUR 887,753.28
Loans to participations
/
subsidiaries and the
like EUR 1,717,600.00
Loans to related
companies EUR 1,717,600.00
Current assets EUR
83,035,561.32
Stocks EUR 6,434,849.50
Raw materials,
consumables and
supplies EUR 2,778,179.26
Finished goods / work in
progress EUR 3,656,670.24
Accounts receivable EUR 72,635,286.01
Trade debtors EUR 6,232,939.07
Amounts due from related
companies EUR 66,108,789.62
Amounts due from
investee companies EUR 224,859.13
Other debtors and
assets EUR 68,698.19
Liquid means EUR 3,965,425.81
Remaining other
assets EUR 145,569.18
Accruals (assets) EUR 145,569.18
LIABILITIES EUR 103,204,372.24
Shareholders' equity EUR 34,851,066.80
Capital EUR 290,500.00
Subscribed capital
(share capital) EUR 290,500.00
Reserves EUR 31,086,808.32
Capital reserves EUR 31,078,627.59
Retained earnings /
revenue reserves EUR
8,180.73
Balance sheet profit/loss
(+/-) EUR 3,473,758.48
Balance sheet profit /
loss EUR 3,473,758.48
Provisions EUR 4,923,750.00
Other / unspecified
provisions EUR 4,923,750.00
Liabilities EUR 63,426,967.44
Other liabilities EUR 63,426,967.44
Trade creditors (for IAS
incl. bills
of exchange) EUR 8,412,070.06
Liabilities from
received advance
payments EUR 1,876,010.99
Liabililties due to
related companiesEUR
50,677,998.81
Unspecified other
liabilities EUR 2,460,887.58
thereof liabilities from
tax /
financial
authorities EUR 179,494.98
thereof liabilities
from social
security EUR 24,898.43
Other liabilities EUR 2,588.00
Deferrals
(liabilities) EUR 2,588.00
PROFIT AND LOSS ACCOUNT (cost of sales method)
according to Comm.
Code (HGB)
Sales EUR 108,262,796.11
Manufacturing costs EUR 50,039,304.18
Gross result on sales EUR 58,223,491.93
Distribution costs EUR 20,216,760.44
General administration
expenses EUR 4,736,158.22
Research and development
costs EUR 4,993,309.24
Depreciation (not included
in
manufacturing costs) EUR 2,452,353.17
Other operating
income EUR 3,493,829.64
Other operating
expenses EUR 2,360,812.00
Operating result from
continuing
operations EUR 26,957,928.50
Result from participating
interests
(+/-) EUR 4,099,794.19
Expenses / income from
participations EUR 4,099,794.19
Income from related
companies EUR 4,099,794.19
Interest result (+/-) EUR -779,885.54
Interest and similar
income EUR 65,244.84
thereof from related
companies EUR 65,244.84
Interest and similar
expenses EUR 845,130.38
thereof paid to related
companies EUR 813,420.81
Financial result
(+/-) EUR 3,319,908.65
Result from ordinary
operations (+/-) EUR 30,277,837.15
Expenses for transfer of
profits to a
parent company EUR 30,627,875.32
Income tax / refund of
income tax (+/-)EUR 387,236.17
Other taxes / refund of
taxes EUR -37,198.00
Tax (+/-) EUR 350,038.17
Annual surplus / annual
deficit EUR 0.00
TYPE OF BALANCE SHEET: COMPANY BALANCE SHEET
FINANCIAL YEAR: 01.01.2011 - 31.12.2011
ASSETS EUR 97,573,043.35
Fixed assets EUR 22,372,070.08
Intangible assets EUR 10,028,186.32
Concessions, licences,
rights EUR 218,773.62
Goodwill EUR 9,809,412.70
Tangible assets EUR 4,012,840.14
Land / similar
rights EUR 1,078,095.30
Plant / machinery EUR 146,332.44
Other tangible assets /
fixtures and
fittings EUR 2,305,446.40
Advance payments made /
construction
in progress EUR
482,966.00
Financial assets EUR 8,331,043.62
Shares in participations
/
subsidiaries and the
like EUR 6,505,443.62
Shares in related
companies EUR 5,617,690.34
Shares in investee
companies EUR 887,753.28
Loans to participations
/
subsidiaries and the
like EUR 1,825,600.00
Loans to related
companies EUR 1,825,600.00
Current assets EUR 75,066,805.63
Stocks EUR 7,538,904.25
Raw materials,
consumables and
supplies EUR 2,788,982.40
Finished goods / work in
progress EUR 4,749,921.85
Accounts receivable EUR 63,886,369.43
Trade debtors EUR 5,117,282.90
Amounts due from related
companies EUR 58,537,084.88
Amounts due from
investee companies EUR 210,770.46
Other debtors and
assets EUR 21,231.19
Liquid means EUR 3,641,531.95
Remaining other
assets EUR 134,167.64
Accruals (assets) EUR 134,167.64
LIABILITIES EUR 97,573,043.35
Shareholders' equity EUR 34,851,066.80
Capital EUR 290,500.00
Subscribed capital
(share capital) EUR 290,500.00
Reserves EUR 31,086,808.32
Capital reserves EUR 31,078,627.59
Retained earnings /
revenue reserves EUR 8,180.73
Balance sheet profit/loss
(+/-) EUR 3,473,758.48
Balance sheet profit /
loss EUR 3,473,758.48
Provisions EUR 5,601,045.00
Provisions for taxes EUR 509,995.00
Other / unspecified
provisions EUR 5,091,050.00
Liabilities EUR 57,120,931.55
Other liabilities EUR 57,120,931.55
Trade creditors (for IAS
incl. bills
of exchange) EUR 8,230,989.39
Liabilities from
received advance
payments EUR 2,133,885.39
Liabililties due to
related companiesEUR
44,759,221.66
Unspecified other
liabilities EUR 1,996,835.11
thereof liabilities
from tax /
financial
authorities EUR 164,301.61
thereof liabilities
from social
security EUR 28,057.92
PROFIT AND LOSS ACCOUNT (cost of sales method)
according to Comm.
Code (HGB)
Sales EUR 103,293,935.05
Manufacturing costs EUR 50,095,289.49
Gross result on sales EUR 53,198,645.56
Research and development
costs EUR 5,022,355.75
Other operating
income EUR 6,088,486.68
Other operating
expenses EUR 27,803,324.69
Operating result from
continuing
operations EUR 26,461,451.80
Result from participating
interests
(+/-) EUR 7,500,476.82
Expenses / income from
participations EUR 7,500,476.82
Income from related
companies EUR 7,500,476.82
Interest result (+/-) EUR 218,797.22
Interest and similar
income EUR 369,307.94
thereof from related
companies EUR 369,307.94
Interest and similar
expenses EUR 150,510.72
thereof paid to related
companies EUR 116,118.12
Financial result
(+/-) EUR 7,719,274.04
Result from ordinary
operations (+/-) EUR 34,180,725.84
Expenses for transfer of
profits to a
parent company EUR 31,694,402.17
Other taxes / refund of
taxes EUR -33,970.50
Tax (+/-) EUR -33,970.50
Annual surplus / annual
deficit EUR 2,452,353.17
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.84 |
|
|
1 |
Rs.98.72 |
|
Euro |
1 |
Rs.78.64 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIS |
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.