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Report No. : |
276484.2 |
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Report Date : |
09.04.2015 |
IDENTIFICATION DETAILS
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Name : |
ALCOBRA GMBH |
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Registered Office : |
Richard-Dunkel-Str.
120, D 28199 Bremen |
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Country : |
Germany |
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Financials (as on) : |
30.06.2014 |
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Date of Incorporation : |
24.02.2011 |
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Com. Reg. No.: |
HRB 27064 HB |
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Legal Form : |
Private limited company |
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Line of Business : |
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No. of Employees : |
10 |
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 : |
Slow but correct |
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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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
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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 |
ALCOBRA GMBH
Richard-Dunkel-Str.
120
D 28199
Bremen
Telephone:0421/79307500
Telefax: 0421/79307599
E-mail: info@alcobra.de
Active
DE276971724
71 551
11539
Business relations are permissible.
LEGAL
FORM Private limited company
Date of foundation: 24.02.2011
Shareholders'
agreement: 24.02.2011
Registered on: 27.04.2011
Commercial Register: Local court 28195 Bremen
under: HRB
27064 HB
Share capital: EUR 300,000.00
Shareholder:
Alumeco A/S
Naesbyvej 26
DK 5000 Odense
Legal form: Other legal
form
Share: EUR 255,000.00
Shareholder:
Ulrich Soujon
D 27726 Worpswede
born: 20.06.1970
Share: EUR 22,500.00
Shareholder:
Axel Wilfried Hans
Biedermann
D 28844 Weyhe
born: 18.05.1962
Share: EUR 22,500.00
Manager:
Ulrich Soujon
D 27726 Worpswede
authorized to jointly
represent the company
born: 20.06.1970
Manager:
Hans Albert Hermann
Schweers
DK - Odense M.
having sole power of
representation
born: 24.01.1948
Nationality: danish
Manager:
Jan Berthel
DK Odense
having sole power of
representation
born: 17.10.1963
Nationality: danish
Manager:
Axel Wilfried Hans
Biedermann
D 28844 Weyhe
authorized to jointly
represent the company
born: 18.05.1962
Further functions/participations of Hans
Albert Hermann Schweers (Manager)
Manager:
Alumeco Deutschland GmbH
Gewerbestr. 5
D 33818 Leopoldshöhe
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 17.12.2014
Reg. data: 32657 Lemgo, HRB 8445
Manager:
Alumeco Händlerservice
GmbH
Markt 33
D 55116 Mainz
Legal form: Private limited
company
Share capital: EUR 25,000.00
Registered
on: 19.03.2013
Reg. data: 55116 Mainz, HRB 44554
Further functions/participations of Jan
Berthel (Manager)
Manager:
Alumeco Deutschland GmbH
Gewerbestr. 5
D 33818 Leopoldshöhe
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 17.12.2014
Reg. data: 32657 Lemgo, HRB 8445
Manager:
Alumeco Service GmbH
Haide Feld 1 OT Klieken
D 06869 Coswig
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on:
13.10.2011
Reg. data: 39576 Stendal, HRB 17266
27.04.2011 - 09.02.2015 ALCOBRA
GmbH
Paul-Feller-Str. 19
D 28199 Bremen
Private
limited company
Main industrial sector
46722
Wholesale of non-ferrous ores, metals and metal semi-finished goods
4690 Non-specialized wholesale trade
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2013/2014
Type of ownership: Tenant
Address Richard-Dunkel-Str.
120
D 28199 Bremen
Land register documents were not available.
SPARKASSE BREMEN, 28078 BREMEN
Sort. code: 29050101
BIC: SBREDE22XXX
Profit: 2012/2013 EUR 20,288.00
2013/2014 EUR
460,369.00
further business figures:
Ac/ts receivable: EUR 3,985,644.00
Liabilities: EUR 3,215,381.00
Employees:
10
Balance sheet ratios 01.07.2013 - 30.06.2014
Equity ratio [%]: 50.89
Liquidity ratio: 2.29
Return on total capital [%]: 11.10
Balance sheet ratios 01.07.2012 - 30.06.2013
Equity ratio [%]: 66.71
Liquidity ratio: 3.16
Return on total capital [%]: 0.58
Balance sheet ratios 01.07.2011 - 30.06.2012
Equity ratio [%]: 53.87
Liquidity ratio: 2.25
Return on total capital [%]: -6.09
Balance sheet ratios 27.04.2011 - 30.06.2011
Equity ratio [%]: 95.55
Liquidity ratio: 10.00
Return on total capital [%]: -4.31
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.
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.
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: 01.07.2013
- 30.06.2014
ASSETS EUR 4,149,275.40
Fixed assets EUR 24,399.70
Tangible assets EUR 24,399.70
Current assets EUR 4,123,645.70
Stocks EUR 138,001.63
Accounts receivable EUR 3,985,644.07
Remaining other
assets EUR 1,230.00
Accruals (assets) EUR 1,230.00
LIABILITIES EUR 4,149,275.40
Shareholders' equity EUR 639,727.31
Capital EUR 300,000.00
Subscribed capital
(share capital) EUR 300,000.00
Balance sheet profit/loss
(+/-) EUR 339,727.31
Profit / loss brought
forward EUR -120,642.15
Annual surplus / annual
deficit EUR 460,369.46
Provisions EUR 294,166.92
Liabilities EUR 3,215,381.17
Type of balance sheet: Company balance sheet
Financial year: 01.07.2012
- 30.06.2013
ASSETS EUR 3,570,789.99
Fixed assets EUR 15,036.60
Tangible assets EUR 15,036.60
Other / unspecified
tangible assets EUR 15,036.60
Current assets EUR 3,503,017.87
Stocks EUR 131,794.91
Accounts receivable EUR 3,328,230.65
Other debtors and
assets EUR 3,328,230.65
Liquid means EUR 42,992.31
Remaining other
assets EUR 52,735.52
Deferred taxes
(assets) EUR 52,735.52
LIABILITIES EUR 3,570,789.99
Shareholders' equity EUR 179,357.85
Capital EUR 300,000.00
Subscribed capital
(share capital) EUR 300,000.00
Balance sheet profit/loss
(+/-) EUR -120,642.15
Profit / loss brought
forward EUR -140,929.66
Annual surplus / annual
deficit EUR 20,287.51
Provisions EUR 75,756.14
Liabilities EUR 3,315,676.00
Other liabilities EUR 3,315,676.00
Unspecified other
liabilities EUR 3,315,676.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.32 |
|
|
1 |
Rs.92.52 |
|
Euro |
1 |
Rs.67.59 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
DPT |
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.