|
Report No. : |
354869 |
|
Report Date : |
16.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
KNAUF INTEGRAL KG |
|
|
|
|
Registered Office : |
Am Bahnhof 16 D 74589 Satteldorf |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
1979 |
|
|
|
|
Legal Form : |
Limited partnership |
|
|
|
|
Line of Business : |
·
Wholesale of construction
materials of mineral sustances |
|
|
|
|
No. of Employee : |
70 |
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 |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
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 |
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 5.2% 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. The German economy suffers from low levels of investment, and a government plan to invest 15 billion euros 2016-18, largely in infrastructure, is intended to spur needed private investment. 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 accounted for 27.8% of gross electricity consumption in 2014, 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. Extremely low inflation, caused largely by low global energy prices and a weak euro, are expected to boost German GDP growth in 2015.
|
Source
: CIA |
Knauf Integral KG
Am Bahnhof 16
D 74589 Satteldorf
Telephone:07951/497-0
Telefax: 07951/497-300
Homepage:
www.knauf-integral.de
E-mail: info@knauf-integral.de
Active
DE133018389
Business relations are permissible.
LEGAL FORM Limited
partnership
Date of foundation: 1979
Registered on: 28.03.1979
Register of
companies: Local
court 89073 Ulm
under: HRA
670459
Total cap. contribution: EUR
7,400,000.00
Limited partner:
Gebr. Knauf
Verwaltungsgesellschaft KG
Am Bahnhof 7
D 97346 Iphofen
Legal form: Limited
partnership
Total cap. EUR 528,144,000.00
contribution:
Share: EUR 7,400,000.00
Registered on: 06.12.1972
Reg. data: 97070
Würzburg, HRA 2771
General partner:
Manfred Grundke
D 97346 Iphofen
born: 01.06.1955
Profession: graduate
engineer
Marital status: married
General partner:
Alexander Heinrich Knauf
Klara-Löwe-Str. 10
D 97082 Würzburg
born: 30.05.1974
Proxy:
Peter Fischer
D 57439 Attendorn
authorized to jointly represent the
company
born: 09.06.1964
Proxy:
Wolfgang Voigt
D 91593 Burgbernheim
authorized to jointly
represent the company
born: 15.01.1966
Proxy:
Wolfgang Kestel
D 97346 Iphofen
authorized to jointly
represent the company
born: 20.01.1956
Further functions/participations of Manfred
Grundke (General
partner)
General partner:
Gebr. Knauf
Verwaltungsgesellschaft KG
Am Bahnhof 7
D 97346 Iphofen
Legal form: Limited
partnership
Total cap. EUR 528,144,000.00
contribution:
Registered
on: 06.12.1972
Reg. data: 97070 Würzburg, HRA 2771
General partner:
Knauf Deutsche Gipswerke KG
Am Bahnhof 7
D 97346 Iphofen
Legal form: Limited
partnership
Total cap. EUR 7,200,000.00
contribution:
Registered
on: 24.01.1991
Reg. data: 97070 Würzburg, HRA 4097
General partner:
Grundke Familien KG
Am Geißtrieb 5
D 97816 Lohr
Legal form: Limited
partnership
Total cap. EUR 745.00
contribution:
Registered
on: 20.08.2008
Reg. data: 97070 Würzburg, HRA 6148
General partner:
Knauf Mineral KG
Am Bahnhof 7
D 97346 Iphofen
Legal form: Limited
partnership
Total cap. EUR 9,095,130.00
contribution:
Registered
on: 05.05.1989
Reg. data: 97070 Würzburg, HRA 4008
General partner:
Knauf Gips KG
Am Bahnhof 7
D 97346 Iphofen
Post Box:
10, D 97343 Iphofen
Legal form: Limited
partnership
Total cap. EUR 19,805,400.00
contribution:
Registered
on: 20.06.1949
Reg. data: 97070 Würzburg, HRA 2754
Manager:
KNAUF INTERNATIONAL GmbH
Am Bahnhof 7
D 97346 Iphofen
Legal form: Private
limited company
Share capital: EUR
60,000,000.00
Registered
on: 18.08.1997
Reg. data: 97070 Würzburg, HRB 5956
Further functions/participations of Alexander
Heinrich Knauf
(General partner)
General partner:
Knauf Gips KG
Am Bahnhof 7
D 97346 Iphofen
Post Box:
10, D 97343 Iphofen
Legal form: Limited
partnership
Total cap. EUR 19,805,400.00
contribution:
Registered
on: 20.06.1949
Reg. data: 97070 Würzburg, HRA 2754
General partner:
Knauf Deutsche Gipswerke
KG
Am Bahnhof 7
D 97346 Iphofen
Legal form: Limited
partnership
Total cap. EUR 7,200,000.00
contribution:
Registered
on:
24.01.1991
Reg. data: 97070 Würzburg, HRA 4097
General partner:
Gebr. Knauf
Verwaltungsgesellschaft KG
Am Bahnhof 7
D 97346 Iphofen
Legal form: Limited partnership
Total cap. EUR 528,144,000.00
contribution:
Registered
on: 06.12.1972
Reg. data: 97070 Würzburg, HRA 2771
General partner:
Knauf Mineral KG
Am Bahnhof 7
D 97346 Iphofen
Legal form: Limited
partnership
Total cap. EUR
9,095,130.00
contribution:
Registered
on: 05.05.1989
Reg. data: 97070 Würzburg, HRA 4008
Shareholder:
Alexander Knauf
Verwaltungsgesellschaft mbH
Am Bahnhof 7
D 97346 Iphofen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 01.09.2015
Reg. data: 97070 Würzburg, HRB 12904
Manager:
Richter-System-Verwaltungsgesellschaft mit
beschränkter Haftung
Flughafenstr. 10
D 64347 Griesheim
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 20.07.1956
Reg. data: 64283 Darmstadt, HRB 1127
Manager:
Knauf PFT
Verwaltungsgesellschaft mbH
Einersheimer Str. 53
D 97346 Iphofen
Legal form: Private
limited company
Share capital: EUR 52,000.00
Registered
on: 12.07.1995
Reg. data: 97070 Würzburg, HRB 5288
Manager:
KNAUF (UK) GmbH
Am Bahnhof 7
D 97346 Iphofen
Legal form: Private
limited company
Share capital: EUR
30,700,000.00
Registered
on: 06.05.1988
Reg. data: 97070 Würzburg, HRB 3190
Manager:
Alexander Knauf
Verwaltungsgesellschaft mbH
Am Bahnhof 7
D 97346 Iphofen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 01.09.2015
Reg. data: 97070 Würzburg, HRB 12904
Manager:
Knauf GmbH
Am Bahnhof 7
D 97346 Iphofen
Legal form: Private
limited company
Share capital: EUR 7,362,603.09
Registered
on: 06.05.1980
Reg. data: 97070 Würzburg, HRB 1565
Manager:
Knauf Information
Services GmbH
Am Bahnhof 7
D 97346 Iphofen
Legal form: Private
limited company
Share capital: EUR 750,000.00
Registered
on: 24.08.2001
Reg. data: 97070 Würzburg, HRB 7488
Manager:
KNAUF INTERNATIONAL GmbH
Am Bahnhof 7
D 97346 Iphofen
Legal form: Private
limited company
Share capital: EUR
60,000,000.00
Registered
on: 18.08.1997
Reg. data: 97070 Würzburg, HRB 5956
Manager:
KNAUF DANOGIPS GmbH
Am Bahnhof 7
D 97346 Iphofen
Post Box:
10, D 97343 Iphofen
Legal form: Private
limited company
Share capital: EUR
9,203,253.86
Registered
on: 19.06.1995
Reg. data: 97070 Würzburg, HRB 5266
Manager:
PFT Systems
Vertriebs-GmbH
Einersheimer Str. 53
D 97346 Iphofen
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 07.03.1994
Reg. data: 97070 Würzburg, HRB 4865
1979 - 28.04.2003 Knauf Gips KG
Am Bahnhof 16
D
74589 Satteldorf
Limited partnership
Main industrial sector
23620
Manufacture of plaster products for construction purposes
Secondary industrial sector
46734
Wholesale of construction materials of mineral sustances
Works:
Knauf Integral KG
Duisburger Str. 9
D 41460 Neuss
TEL.: 02131/299-0
Branch:
Knauf Integral KG
Am Bahnhof 7
D 97346 Iphofen
Payment experience: Satisfactory
Negative information: We have no negative information at hand.
Type of ownership: Tenant
Address Am
Bahnhof 16
D 74589 Satteldorf
Land register documents were not available.
Principal bank
UNICREDIT BANK - HYPOVEREINSBANK, 97303
KITZINGEN
Sort. code: 79020076
BIC: HYVEDEMM455
Financial
year: 01.01. - 31.12.
Turnover: 2013 EUR 40,000,000.00
Equipment: EUR 2,000,000.00
Ac/ts receivable: *EUR 373,000.00
Liabilities: *EUR 816,500.00
Employees: 70
The business figures marked with an asterisk
are estimates based
on average values in the line of business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.67.04 |
|
|
1 |
Rs.101.67 |
|
Euro |
1 |
Rs.73.93 |
|
Euro |
1 |
Rs.73.16 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared by
: |
TRU |
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.