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Report No. : |
319176 |
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Report Date : |
24.04.2015 |
IDENTIFICATION DETAILS
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Name : |
ALBERT PANZER GMBH |
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Registered Office : |
Grimm 6, D 20457 Hamburg |
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Country : |
Germany |
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Financials (as on) : |
30.06.2013 |
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Date of Incorporation : |
23.06.1994 |
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Com. Reg. No.: |
HRB 56283 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
·
Wholesale of coffee, tea, cocoa and
spices ·
Non-specialized wholesale of raw materials
and half-finished and finished goods |
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|
|
No. of Employees : |
5 |
RATING & COMMENTS
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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 : |
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 – 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 |
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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, 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 |
ALBERT PANZER GMBH
Company Status: active
Grimm 6
D 20457 Hamburg
Telephone:040/3768010
Telefax:
040/37680120
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 23.06.1994
Shareholders'
agreement:
23.06.1994
Registered on: 02.08.1994
Commercial Register: Local court 20355 Hamburg
under: HRB 56283
Share capital: EUR 25,564.60
Shareholder:
Sven Axel Uwe Stamer
Averhoffstr. 6
D 22085 Hamburg
born: 09.01.1971
Share: EUR 12,782.30
Shareholder:
Kai Friedrich Jantzen
Horststr. 44a
D 21680 Stade
born: 30.09.1972
Share: EUR 12,782.30
Manager:
Sven Axel Uwe Stamer
Averhoffstr. 6
D 22085 Hamburg
born: 09.01.1971
Profession: Businessman
Manager:
Kai Friedrich Jantzen
Horststr. 44a
D 21680 Stade
having sole power of representation
born: 30.09.1972
Profession: Businessman
Further functions/participations of Sven Axel
Uwe Stamer
(Manager)
Shareholder:
Stamer GmbH
Grimm 6
D 20457 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 18.04.2002
Reg. data: 20355 Hamburg, HRB 83411
Manager:
Stamer GmbH
Grimm 6
D 20457 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 18.04.2002
Reg. data: 20355 Hamburg, HRB 83411
02.08.1996 - 30.09.1998 Albert Panzer GmbH
Bei den Mühren 70
D 20457 Hamburg
Private limited
company
30.09.1998 - 20.12.2012 Albert Panzer GmbH
Katharinenstr. 30
D 20457 Hamburg
Private limited
company
Main industrial sector
46370
Wholesale of coffee, tea, cocoa and spices
46901
Non-specialized wholesale of raw materials and half-finished and
finished goods
Payment experience: within agreed terms
Negative information: We have no negative
information at hand.
Type of ownership: Tenant
Address Grimm 6
D 20457 Hamburg
Real Estate of: Sven Axel Uwe Stamer
Type of ownership: unknown
Address Averhoffstr. 6
D 22085 Hamburg
Land register documents were not available.
JOH. BERENBERG, GOSSLER & CO, 20354
HAMBURG
Sort. code: 20120000, Account no.: 07830-003
BIC: BEGODEHHXXX
Turnover: 2013/2014 *EUR 1,275,000.00
Profit: 2012/2013 EUR 331,855.00
further business figures:
Equipment: *EUR 32,500.00
Ac/ts receivable: EUR
398,511.00
Liabilities: EUR 792,163.00
Employees: 5
The
business figures marked with an asterisk are estimates based
on
average values in the line of business.
Balance sheet ratios 01.07.2012 - 30.06.2013
Equity ratio [%]: 43.15
Liquidity
ratio: 0.68
Return on total capital [%]: 16.67
Balance sheet ratios 01.07.2011 - 30.06.2012
Equity ratio [%]: 54.35
Liquidity ratio: 1.45
Return on total capital [%]: 22.49
Balance
sheet ratios 01.07.2010 - 30.06.2011
Equity ratio [%]: 43.80
Liquidity ratio: 1.09
Return on total capital [%]: 26.38
Balance sheet ratios 01.07.2009 - 30.06.2010
Equity ratio [%]: 12.73
Liquidity
ratio: 0.44
Return on total capital [%]: 11.47
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: 01.07.2012 - 30.06.2013
ASSETS EUR 1,990,155.56
Fixed assets
EUR 54,713.00
Tangible assets EUR 54,713.00
Current assets
EUR 1,935,442.56
Stocks
EUR 1,334,482.00
Accounts receivable
EUR 398,511.31
Liquid means
EUR 202,449.25
LIABILITIES EUR 1,990,155.56
Shareholders' equity
EUR 858,672.94
Capital
EUR 25,564.59
Subscribed capital (share capital)
EUR 25,564.59
Reserves
EUR 500,000.00
Retained earnings / revenue reserves EUR 500,000.00
Balance sheet profit/loss (+/-)
EUR 333,108.35
Profit / loss brought forward
EUR 1,253.05
Annual surplus / annual deficit
EUR 331,855.30
Provisions
EUR 339,320.00
Liabilities
EUR 792,162.62
Other liabilities
EUR 0.00
Unspecified other liabilities
EUR 0.00
thereof liabilities from tax /
financial authorities
EUR 4,376.99
thereof liabilities from social
security
EUR 950.73
Type
of balance
sheet: Company balance sheet
Financial year: 01.07.2011 - 30.06.2012
ASSETS EUR 1,649,950.47
Fixed assets
EUR 16,854.00
Tangible assets
EUR 16,854.00
Other / unspecified tangible assets
EUR 16,854.00
Current assets EUR 1,633,096.47
Stocks
EUR 1,039,213.00
Accounts receivable
EUR 539,318.54
Other debtors and assets
EUR 539,318.54
Liquid means
EUR 54,564.93
LIABILITIES EUR 1,649,950.47
Shareholders' equity
EUR 896,817.64
Capital
EUR 25,564.59
Subscribed capital (share capital)
EUR 25,564.59
Reserves
EUR 500,000.00
Retained earnings / revenue reserves EUR 500,000.00
Balance sheet profit/loss (+/-)
EUR 371,253.05
Profit / loss brought forward
EUR 210.27
Annual surplus / annual deficit
EUR 371,042.78
Provisions
EUR 325,600.00
Liabilities
EUR 427,532.83
Other liabilities
EUR 427,532.83
Unspecified other liabilities
EUR 427,532.83
thereof liabilities from tax /
financial authorities
EUR 4,376.99
thereof liabilities from social
security
EUR 950.73
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.19 |
|
|
1 |
Rs.94.94 |
|
Euro |
1 |
Rs.67.66 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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 |
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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 |
|
|
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 |
|
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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.