MIRA INFORM REPORT
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Report Date : |
16.09.2014 |
IDENTIFICATION DETAILS
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Name : |
HEIBER UND SCHRÖDER MASCHINENBAU GMBH |
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Registered Office : |
Feldheider Str. 52 D 40699 Erkrath Post Box: 33 13 |
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Country : |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
12.11.1985 |
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Legal Form : |
Private limited company |
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Line of Business : |
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No. of Employees |
60 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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
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Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
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Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 |
Company name and address
HEIBER UND
SCHRÖDER MASCHINENBAU GMBH
Company Status: active
Feldheider Str. 52
D 40699 Erkrath
Post Box:
33 13
Telephone:02104/9376-0
Telefax: 02104/35749
Homepage:
www.heiber-schroeder.com
E-mail: info@heiber-schroeder.com
Company summary
LEGAL FORM Private limited company
Date of foundation: 12.11.1985
Shareholders'
agreement: 12.11.1985
Registered on: 12.12.1986
Commercial Register: Local court
42103 Wuppertal
under: HRB 12950
Share capital:
EUR 357,904.32
Shareholder:
Wolfgang
Heiber
Überhaan 26
D 40699
Erkrath
born:
13.01.1942
Share: EUR 178,952.16
Shareholder:
Schröder-Frerkes Gesellschaft mit
beschränkter
Haftung
Duisburger
Str. 17
D 40477
Düsseldorf
Legal form:
Private limited company
Share capital: EUR 500,000.00
Share: EUR 178,952.16
Registered
on: 26.06.1991
Reg. data:
40227 Düsseldorf, HRB 27127
Manager:
Dr. Julius
Schröder-Frerkes
Trills 110
D 40699
Erkrath
authorized to
jointly represent the company
born:
01.04.1951
Profession:
Engineer
Marital status: married
Manager:
Karl-Günther-Josef Leisse
D 40699
Erkrath
authorized to
jointly represent the company
born:
31.07.1947
Profession:
Businessman
Marital
status: single
Proxy:
Andre Garmer
Heideweg 8
D 42781 Haan
authorized to
jointly represent the company
born:
23.02.1971
Proxy:
Gustavo
Adolfo Cuata-Mata
D 40699
Erkrath
authorized to
jointly represent the company
born:
26.02.1979
Further functions/participations of Dr. Julius Schröder-Frerkes
(Manager)
Shareholder:
Schröder-Frerkes Gesellschaft mit
beschränkter
Haftung
Duisburger
Str. 17
D 40477
Düsseldorf
Legal form: Private
limited company
Share
capital: EUR 500,000.00
Share: EUR 250,000.00
Registered
on: 26.06.1991
Reg.
data: 40227 Düsseldorf, HRB 27127
Manager:
Schröder-Frerkes Gesellschaft mit
beschränkter
Haftung
Duisburger
Str. 17
D 40477
Düsseldorf
Legal form: Private
limited company
Share
capital: EUR 500,000.00
Registered
on: 26.06.1991
Reg.
data: 40227 Düsseldorf, HRB 27127
Manager:
Tapeten-Passage Gesellschaft mit
beschränkter
Haftung
Oberbilker
Allee 163
D 40227
Düsseldorf
Legal form:
Private limited company
Share
capital: EUR 255,645.94
Registered
on: 23.04.1934
Reg.
data: 40227 Düsseldorf, HRB 580
Manager:
Fritz &
Friends Management GmbH
Kaiserswerther
Str. 115
D 40474
Düsseldorf
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Registered
on: 26.10.1999
Reg.
data: 40227 Düsseldorf, HRB 38055
Liquidator:
CONDEX
Maschinenbau GmbH
Eichenstr. 18
D 40721
Hilden
Legal form:
Private limited company in
liquidation
Share
capital: EUR 25,564.59
Registered
on: 23.07.1992
Reg.
data: 40764 Langenfeld, HRB 2128
COMPANY HISTORY
16.12.1985 - 12.12.1986 Heiber
und Schröder Maschinenbau GmbH
Neumannstr. 2
D 40235
Düsseldorf
Private
limited company
BUSINESS ACTIVITIES
Main industrial sector
28290 Manufacture of other
general-purpose machinery
4669 Wholesale of other
machinery, equipment and supplies
FINANCIAL INFORMATION
Payment experience: within agreed
terms
Negative information:We have no negative information at hand.
BALANCE SHEET
YEAR: 2012
REAL ESTATE
Type of ownership: Tenant
Address Feldheider Str. 52
D 40699 Erkrath
Real Estate of: Dr. Julius Schröder-Frerkes
Type of ownership: Tenant
Address Trills 110
D 40699 Erkrath
Land register documents were not available.
BANKERS
DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN, 40675 ERKRATH
Sort. code: 30070024
BIC: DEUTDEDBDUE
UNICREDIT BANK - HYPOVEREINSBANK, 40212 DÜSSELDORF
Sort. code: 30220190, Account no.: 3811166
BIC: HYVEDEMM414
FINANCIAL FIGURES
Turnover: 2012 EUR 13,200,000.00
Ac/ts receivable:
EUR 2,735,278.00
Liabilities:
EUR
924,144.00
Employees:
60
BALANCE SHEETS
Balance
sheet ratios 01.01.2012 - 31.12.2012
Equity
ratio [%]: 71.01
Liquidity
ratio: 4.66
Return
on total capital [%]: 12.57
Balance
sheet ratios 01.01.2011 - 31.12.2011
Equity
ratio [%]: 73.43
Liquidity
ratio: 10.00
Return
on total capital [%]: 8.10
Balance
sheet ratios 01.01.2010 - 31.12.2010
Equity
ratio [%]: 71.37
Liquidity
ratio: 5.16
Return
on total capital [%]: 4.62
Balance
sheet ratios 01.01.2009 - 31.12.2009
Equity
ratio [%]: 73.38
Liquidity
ratio: 10.00
Return
on total capital [%]: 3.66
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 5,693,638.20
Fixed assets EUR 327,115.01
Intangible assets EUR 17,383.00
Other / unspecified intangible
assetsEUR 17,383.00
Tangible assets EUR 309,732.01
Other / unspecified tangible assets EUR
309,732.01
Current assets EUR 5,353,763.32
Stocks EUR 2,281,271.05
Accounts receivable EUR 2,735,278.32
Other debtors and assets EUR 2,735,278.32
Liquid means EUR 337,213.95
Remaining other assets EUR 12,759.87
Accruals (assets) EUR 12,759.87
LIABILITIES EUR 5,693,638.20
Shareholders' equity EUR 4,045,680.97
Capital EUR 357,904.32
Subscribed capital (share capital) EUR 357,904.32
Reserves EUR 613,550.26
Capital reserves EUR 511,291.88
Retained earnings / revenue reserves
EUR 102,258.38
Balance sheet profit/loss (+/-) EUR 3,074,226.39
Balance sheet profit / loss EUR 3,074,226.39
Provisions EUR 723,813.00
Liabilities EUR 924,144.23
Other liabilities EUR 924,144.23
Unspecified other liabilities EUR 924,144.23
TYPE OF BALANCE
SHEET: COMPANY BALANCE SHEET
FINANCIAL
YEAR: 01.01.2011 - 31.12.2011
ASSETS EUR 4,534,633.40
Fixed assets EUR 439,557.51
Intangible assets EUR 7,845.00
Other / unspecified intangible
assetsEUR 7,845.00
Tangible assets EUR 431,712.51
Other / unspecified tangible assets EUR
431,712.51
Current assets EUR 4,040,433.45
Stocks EUR 1,632,476.01
Accounts receivable EUR 1,990,915.72
Other debtors and assets EUR 1,990,915.72
Liquid means EUR 417,041.72
Remaining other assets EUR 54,642.44
Accruals (assets) EUR 54,642.44
LIABILITIES EUR 4,534,633.40
Shareholders' equity EUR 3,331,002.56
Capital EUR 357,904.32
Subscribed capital (share capital) EUR 357,904.32
Reserves EUR 613,550.26
Capital reserves EUR 511,291.88
Retained earnings / revenue reserves
EUR 102,258.38
Balance sheet profit/loss (+/-) EUR 2,359,547.98
Balance sheet profit / loss EUR 2,359,547.98
Provisions EUR 706,271.38
Liabilities EUR 485,192.46
Other liabilities EUR 485,192.46
Unspecified other liabilities EUR 485,192.46
Other liabilities EUR 12,167.00
Deferrals (liabilities) EUR 12,167.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.60.99 |
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|
1 |
Rs.99.09 |
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Euro |
1 |
Rs.79.03 |
INFORMATION DETAILS
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Analysis Done by
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DIV |
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Report Prepared
by : |
NIS |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.