MIRA INFORM REPORT

 

 

Report No. :

351886

Report Date :

02.12.2015

 

IDENTIFICATION DETAILS

 

Name :

PRONATEC GMBH

 

 

Registered Office :

Byk-Gulden-Str. 12 D 78467 Konstanz

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

29.05.2009

 

 

Com. Reg. No.:

HRB 703825

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :
  • Manufacture of other general-purpose machinery.
  • Retail sale of fruit and vegetables.

 

 

No. of Employee :

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

 

Status :

Small company

 

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name and address

 

PRONATEC GMBH

 

 Company Status:      active

                      Byk-Gulden-Str. 12

                      D 78467 Konstanz

                      Telephone:07531/3622057

                      Telefax:  07531/3622058

                      Homepage: www.pronatec.com

                      E-mail:   info@pronatec.com

 

 

 CONCLUSION

 

 Business relations are permissible.

 

 

Sumamry

 

 LEGAL FORM              Private limited company

 Date of foundation:      29.05.2009

 Shareholders'

 agreement:                   29.05.2009

 Registered on:             02.06.2009

 Commercial Register:   Local court 79098 Freiburg

 under:                          HRB 703825

 

 

 Share capital

 

EUR             25,000.00

 

 Shareholder:

                      Pronatec AG

                      Stegackerstr. 6

                      CH 8409 Winterthur

                      Legal form: Other legal form

                      Share:             EUR             25,000.00

 Manager:

                      David Yersin

                      CH  Elsau

                      having sole power of representation

                      born: 21.03.1962

                      Nationality: Swiss

 Manager:

                      Jürgen Auerbach

                      CH  ELSAU

                      having sole power of representation

                      born: 04.05.1970

                      Nationality: Swiss

 

 

 COMPANY HISTORY

 

 02.06.2009 - 16.12.2013  PRONATEC GmbH

                          Lohnerhofstr. 2

                          D 78467 Konstanz

                          Private limited company

 

 

 RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 10.06.2009 - 17.12.2012  Manager

                          Christoph Good

                          CH Landschlacht

 

 

 BUSINESS ACTIVITIES

 

 Main industrial sector

 2829    Manufacture of other general-purpose machinery n.e.c.

4721    Retail sale of fruit and vegetables

5210    Warehousing

 

 

FINANCIAL INFORMATION

 

 Payment experience:  within agreed terms

 

 Negative information:We have no negative information at hand.

 

Balance sheet year:  2013

 

 

 PMI:                 No significant / relevant payment experience

                      information pertaining to the company

                      inquired upon is shown in the Deutscher

                      Debitoren Monitor (DDMonitor).

 

 

 Events Index:        1

 

                      At present, NO events are known.

 

                      The Events Index indicates if any particular

                      events have occurred, such as e.g. a

                      relocation of registered office or a change

                      within management. On the basis of number,

                      relevance and up-to-dateness of the events

                      an index value ranging from 1 (no events) to

                      5 is calculated. Companies showing a

                      particularly large number of events receive

                      the index 6.

 

 

 

 REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Byk-Gulden-Str. 12

                      D 78467 Konstanz

 

 Land register documents were not available.

 

 

 BANKERS

 

 A bank connection is unknown.

 

 

 FINANCIAL FIGURES

 

 Profit:              2013               EUR             56,030.00

 Equipment:                              EUR             15,753.00

 Ac/ts receivable:                       EUR            206,001.00

 Liabilities:                            EUR            587,566.00

 The number of employees is not known.

 

 

 BALANCE SHEETS

 

 Balance sheet ratios 01.01.2013 - 31.12.2013

 Equity ratio [%]:                 61.55

 Liquidity ratio:                   0.51

 Return on total capital [%]:       7.98

 

 Balance sheet ratios 01.01.2012 - 31.12.2012

 Equity ratio [%]:                 75.89

 Liquidity ratio:                   1.14

 Return on total capital [%]:       4.61

 

 Balance sheet ratios 01.01.2011 - 31.12.2011

 Equity ratio [%]:                 34.56

 Liquidity ratio:                   0.89

 Return on total capital [%]:       2.10

 

 Balance sheet ratios 01.01.2010 - 31.12.2010

 Equity ratio [%]:                -45.03

 Liquidity ratio:                  10.00

 Return on total capital [%]:      42.16

 

 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.

 

 Balance sheet grade

 The balance sheet grade is based on the following ratios: equity

 ratio, liquidity ratio and return on total capital from the

 balance sheets published in the Federal Gazette. It is calculated

 in accordance with the methodology of Euler Hermes. It ranges

 from 1.0 (positive) to 5.0 (negative).

 

 Type of balance

 sheet:               Company balance sheet

 Origin of the present

 balance sheet:       electronic German Federal Gazette

 

 Financial year:      01.01.2013 - 31.12.2013

 

 ASSETS                                  EUR            815,931.15

  Fixed assets                           EUR             15,753.00

   Tangible assets                       EUR             15,753.00

    Other tangible assets / fixtures and

    fittings                             EUR             15,753.00

  Current assets                         EUR            800,178.15

   Stocks                                EUR            528,328.00

    Finished goods / work in progress    EUR            528,328.00

   Accounts receivable                   EUR            206,001.17

    Trade debtors                        EUR            133,811.00

    Other debtors and assets             EUR             72,190.17

   Liquid means                          EUR             65,848.98

 

 LIABILITIES                             EUR            815,931.15

  Shareholders' equity                   EUR            205,581.15

   Capital                               EUR             25,000.00

    Subscribed capital (share capital)   EUR             25,000.00

   Balance sheet profit/loss (+/-)       EUR            180,581.15

    Profit / loss brought forward        EUR            124,551.38

    Annual surplus / annual deficit      EUR             56,029.77

  Provisions                             EUR             22,784.04

   Provisions for taxes                  EUR             10,784.04

   Other / unspecified provisions        EUR             12,000.00

  Liabilities                            EUR            587,565.96

   thereof total due to shareholders     EUR            340,351.94

   Other liabilities                     EUR            587,565.96

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR            407,863.30

    Unspecified other liabilities        EUR            179,702.66

 

 Type of balance

 sheet:               Company balance sheet

 Origin of the present

 balance sheet:       electronic German Federal Gazette

 

 Financial year:      01.01.2012 - 31.12.2012

 

 ASSETS                                  EUR          1,340,472.30

  Fixed assets                           EUR              5,744.00

   Tangible assets                       EUR              5,744.00

    Other tangible assets / fixtures and

    fittings                             EUR              5,744.00

  Current assets                         EUR          1,334,728.30

   Stocks                                EUR          1,059,868.00

    Finished goods / work in progress    EUR          1,059,868.00

   Accounts receivable                   EUR            252,254.77

    Trade debtors                        EUR             54,377.54

    Other debtors and assets             EUR            197,877.23

   Liquid means                          EUR             22,605.53

 

 LIABILITIES                             EUR          1,340,472.30

  Shareholders' equity                   EUR            149,551.38

   Capital                               EUR             25,000.00

    Subscribed capital (share capital)   EUR             25,000.00

   Balance sheet profit/loss (+/-)       EUR            124,551.38

    Profit / loss brought forward        EUR             65,294.24

    Annual surplus / annual deficit      EUR             59,257.14

  Provisions                             EUR            114,181.84

   Provisions for taxes                  EUR             45,345.84

   Other / unspecified provisions        EUR             68,836.00

  Liabilities                            EUR          1,076,739.08

   thereof total due to shareholders     EUR            880,785.66

   Other liabilities                     EUR          1,076,739.08

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR            940,786.68

    Unspecified other liabilities        EUR            135,952.40

     thereof liabilities from tax /

     financial authorities               EUR                  0.00

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.66.52

UK Pound

1

Rs.100.43

Euro

1

Rs.70.44

EUR

1

Rs.70.66

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAS

 

 

Report Prepared by :

ANK

 

 

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.