|
Report No. : |
317189 |
|
Report Date : |
17.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
CENTOGENE SHARED SERVICES GMBH |
|
|
|
|
Registered Office : |
Warnowufer
23 D 18057 Rostock |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Year of Incorporation : |
2001 |
|
|
|
|
Com. Reg. No.: |
HRB
12928 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
5,000
EUR |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
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 |
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, 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 2014. The new German government introduced a minimum wage of about $11.60 (8.50 euros) 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%. The budget was essentially in balance in 2014. 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 plans to replace nuclear power with renewable energy, which accounts for 34% of total energy consumption, up from 9% in 2000. 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 |
CENTOGENE SHARED SERVICES GMBH
Company Status: Active
Warnowufer 23
D 18057 Rostock
Telephone: 0381/203652-211
E-mail: info@centogene.com
VAT no.: DE250191614
Business
relations are permissible.
LEGAL
FORM Private limited company
Date of
foundation: 2001
Shareholders'
agreement: 28.09.2001
Registered
on: 03.06.2014
Commercial
Register: Local court 18057
Rostock
under: HRB
12928
EUR 25,000.00
Shareholder:
Centogene AG
Weiherhofstr. 5
D 79104 Freiburg
Legal form: Public limited company
Share capital: EUR 205,000.00
Share: EUR 25,000.00
Registered on: 24.05.2011
Reg. data: 79098 Freiburg, HRB 706872
Control and profit transfer agreement
Manager:
Christine Uekert
Hochstädter Str. 2
D 13347 Berlin
having sole power of representation
born: 15.12.1964
née: Schubbe
Manager:
Prof.
Dr. Arndt Rolfs
Kleiststr. 21
D 14163 Berlin
born: 09.08.1959
Profession: Neurologist
Property regime: Separation of property
Marital status: married
Proxy:
Doreen Niemann
D 18057 Rostock
having sole power of representation
born: 03.02.1977
Further functions/participations of Prof. Dr.
Arndt Rolfs
(Manager)
Shareholder:
Centogene AG
Weiherhofstr. 5
D 79104 Freiburg
Legal form: Public limited company
Share capital: EUR 205,000.00
Share:
27.000 %
Registered
on:
24.05.2011
Reg. data:
79098 Freiburg, HRB 706872
02.11.2001-16.01.2012 Equicore
GmbH
Jacobistr. 42
D
79104 Freiburg
Private limited company
16.01.2012-03.06.2014 V-Gene
GmbH
Weiherhofstr. 5
D 79104 Freiburg
Private limited company
04.01.2002 - 05.08.2014 Manager
Christoph Ehlers
D 79104 Freiburg
31.01.2012 - 03.06.2014 Manager
Dr. Stefan Maeser
D
63867 Johannesberg
Sectors
46462 Wholesale of medical and orthopedic goods,
dental and laboratory supplies
47799 Retail sale of other second-hand articles m
70210 Public relation and communication activities
82190 Photocopying; document preparation and other
specialized office support activities
Payment
experience: within periods customary in this trade
Negative
information: We have no
negative information at hand.
Maximum
credit: 5,000 EUR
The maximum credit is our recommendation for the maximum credit
limit for the inquired company.
Balance
sheet year: 2013
The depth of balance sheet suggests that the
company, as a so-called micro-entity in
accordance with art. 267a German Commercial Code, has availed itself of the
facilitations of the German Micro-Entities Amending Account Law (MicBilG) This
is why it is possible that the resultant
reduction of the depth of presentation in the annual accounts may entail
deviating calculation methods of the respective balance sheet ratios and thus to an altered Solvency Rating [NG]
and/or balance sheet grade.
Type of
ownership: Tenant
Address Warnowufer 23
D 18057 Rostock
Real Estate of: Centogene
AG
Type of ownership: Tenant
Address Weiherhofstr.
5
D 79104 Freiburg
Real Estate of: Prof.
Dr. Arndt Rolfs
Type of ownership: unknown
Address Kleiststr.
21
D 14163 Berlin
Land register documents were not available.
A bank
connection is unknown.
Liabilities: EUR 19,071.00
The number
of employees is not known.
Control
and profit transfer agreement to: Centogene
AG
Weiherhofstr. 5
D 79104 Freiburg
Balance sheet ratios 01.01.2013 - 31.12.2013(1)
Equity ratio [%]: -218.89
Liquidity ratio: 0.33
Return on total capital [%]: -57.63
Balance sheet ratios 01.01.2012 - 31.12.2012(1)
Equity ratio [%]: 80.36
Liquidity ratio: 9.57
Return on total capital [%]: -439.06
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 31.43
Liquidity ratio: 0.52
Return on total capital [%]: -12.09
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 61.84
Liquidity ratio: 4.89
Return on total capital [%]: -147.75
(1) The depth of balance sheet suggests that
the company, as a so-called micro-entity
in accordance with art. 267a German Commercial Code, has availed itself of the
facilitations of the German
Micro-Entities Amending Account Law (MicBilG) This is why it is possible that the resultant reduction
of the depth of presentation in the
annual accounts may entail deviating calculation
methods of the respective balance sheet ratios and thus to an altered Solvency
Rating [NG] and/or balance sheet grade.
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: micro
balance sheet
Financial year: 01.01.2013 - 31.12.2013
(2)
ASSETS EUR 19,920.54
Current
assets EUR 6,246.90
Remaining
other assets EUR 13,673.64
Deficit
not covered by shareholders' equity EUR 13,673.64
LIABILITIES EUR 19,920.54
Provisions EUR 850.00
Liabilities EUR 19,070.54
Type of balance
sheet: micro
balance sheet
Financial year: 01.01.2012
- 31.12.2012 (2)
ASSETS EUR 14,971.04
Current
assets EUR 4,897.60
Remaining
other assets EUR 10,073.44
Deficit not covered by shareholders'
equity EUR 10,073.44
LIABILITIES EUR 14,971.04
Provisions EUR 450.00
Liabilities EUR 14,521.04
(2) The
abbreviated depth of presentation of the annual accounts may be atributed to
application of regulations within the German Micro-Entities Amending Accounting
Law.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.37 |
|
|
1 |
Rs.92.44 |
|
Euro |
1 |
Rs.66.56 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
VNT |
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.