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Report No. : |
307857 |
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Report Date : |
13.02.2015 |
IDENTIFICATION DETAILS
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Name : |
DILO MACHINES GMBH |
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Registered Office : |
Im Hohenend 11 D 69412 Eberbach |
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Country : |
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
27.03.2009 |
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Com. Reg. No.: |
HRB 706435 |
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Legal Form : |
Private limited company |
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Line of Business : |
· Manufacture of other general-purpose machinery n.e.c. · Wholesale of other machinery, equipment and supplies |
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No. of Employee : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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
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Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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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, 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.
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Source
: CIA |
DILO MACHINES GMBH
Company Status: active
Im Hohenend 11
D 69412 Eberbach
Telephone:06271/9400
Telefax: 06271/71142
Homepage: www.dilo.de
E-mail: info@dilo.de
VAT no.: DE268502217
Tax ID number: 40002/31792
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 27.03.2009
Shareholders'
agreement: 27.03.2009
Registered on: 01.04.2009
Commercial Register: Local court 68159 Mannheim
under: HRB
706435
EUR 25,000.00
Shareholder:
Richard Dilo GmbH &
Co. KG
Im Hohenend 11
D 69412 Eberbach
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 25,000.00
contribution:
Share: EUR 25,000.00
Registered on: 22.01.2014
Reg. data: 68159
Mannheim, HRA 705407
Manager:
Johann Philipp Dilo
An der Itterbrücke 3
D 69412 Eberbach
having sole power of
representation
born: 22.07.1953
Profession: graduate
engineer
Marital status: married
Proxy:
Ulrich Frey
D 69412 Eberbach
having sole power of
representation
born: 05.07.1944
Proxy:
Dr. Peter Heesch
D 69118 Heidelberg
having sole power
of representation
born: 15.12.1951
Proxy:
Dr. Gunnar Hemmer
Im Mittel 33
D 74821 Mosbach
authorized to jointly represent
the company
born: 16.10.1970
Marital status: unknown
Further functions/participations of Johann
Philipp Dilo (Manager)
General partner:
Oskar Dilo,
Maschinenfabrik,
Kommanditgesellschaft
Im Hohenend 11
D 69412 Eberbach
Post Box:
15 51, D 69405 Eberbach
Legal form: Limited
partnership
Total cap. EUR 139,071.39
contribution:
Registered
on: 25.05.1956
Reg. data: 68159 Mannheim, HRA 332016
Shareholder:
Dilo Beteiligungsgesellschaft m.b.H.
Seestr. 62
D 82229 Seefeld
Legal form: Private
limited company
Share capital: EUR 100,000.00
Share: EUR 70,000.00
Registered
on: 12.01.1999
Reg. data: 80333 München, HRB 123774
Manager:
DG Engineering GmbH
Bernhardtring 2
D 28777 Bremen
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 08.12.2010
Reg. data: 28195 Bremen, HRB 26755 HB
Manager:
Spinnbau GmbH
Bernhardtring 2
D 28777 Bremen
Post Box:
71 03 60, D 28763 Bremen
Legal form: Private
limited company
Share capital: EUR 2,600,000.00
Registered
on: 21.07.1981
Reg. data: 28195 Bremen, HRB 8887 HB
Manager:
Dilo
Beteiligungsgesellschaft m.b.H.
Seestr. 62
D 82229 Seefeld
Legal form: Private
limited company
Share capital: EUR
100,000.00
Registered
on: 12.01.1999
Reg. data: 80333 München, HRB 123774
Manager:
Dilo Systems GmbH
Seestr. 62
D 82229 Seefeld
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 16.12.2002
Reg. data: 80333 München, HRB 145787
Manager:
Richard Dilo Verwaltungs
GmbH
Im Hohenend 11
D 69412 Eberbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 17.01.2014
Reg. data: 68159 Mannheim, HRB 718677
Main industrial sector
2829
Manufacture of other general-purpose machinery n.e.c.
4669
Wholesale of other machinery, equipment and supplies
82999
Other business support service activities n. e. c.
Payment experience: within agreed terms
Negative
information:We have no negative information at hand.
Balance sheet year:
2013
Type of ownership: Tenant
Address Im
Hohenend 11
D 69412 Eberbach
Real Estate of: Richard
Dilo GmbH & Co. KG
Type of ownership: Tenant
Address Im
Hohenend 11
D 69412 Eberbach
Real Estate of: Johann
Philipp Dilo
Type of ownership: proprietor
Share: 100.00 %
Address An der Itterbrücke 3
D 69412 Eberbach
Land register documents were not available.
COMMERZBANK, 69007 HEIDELBERG, NECKAR
Sort. code: 67240039
BIC: COBADEFFXXX
DEUTSCHE BANK, 69111 HEIDELBERG, NECKAR
Sort.
code: 67270003
BIC: DEUTDESM672
VOLKSBANK NECKARTAL, 69401 EBERBACH, BADEN
Sort. code: 67291700
BIC: GENODE61NGD
BADEN-WÜRTTEMBERGISCHE BANK, 68053 MANNHEIM
Sort. code: 67020020
BIC: SOLADEST671
Ac/ts receivable: EUR 5,591,554.00
Liabilities: EUR 6,442,074.00
The number of employees is not known.
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 4.31
Liquidity
ratio: 1.09
Return on total capital [%]: 1.13
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 9.05
Liquidity ratio: 1.31
Return on total capital [%]: 5.66
Balance
sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: -2.57
Liquidity ratio: 1.04
Return on total capital [%]: 2.73
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 1.48
Liquidity
ratio: 1.19
Return on total capital [%]: 0.37
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: 01.01.2013 - 31.12.2013
ASSETS EUR 6,970,776.02
Fixed assets
EUR 57,300.00
Financial assets EUR 57,300.00
Other / unspecified financial assets EUR 57,300.00
Current assets
EUR 6,910,426.58
Accounts receivable
EUR 5,591,554.25
Liquid means
EUR 1,318,872.33
Remaining other assets
EUR 3,049.44
Accruals (assets)
EUR 3,049.44
LIABILITIES EUR 6,970,776.02
Shareholders' equity
EUR 300,621.46
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Balance sheet profit/loss (+/-)
EUR 275,621.46
Balance sheet profit / loss
EUR 275,621.46
Provisions
EUR 228,080.14
Liabilities
EUR 6,442,074.42
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 2,452,125.88
Fixed assets
EUR 15,000.00
Financial assets
EUR 15,000.00
Other / unspecified financial assets EUR 15,000.00
Current assets
EUR 2,436,302.28
Accounts receivable
EUR 1,934,105.33
Liquid means
EUR 502,196.95
Remaining other assets
EUR 823.60
Accruals (assets)
EUR 823.60
LIABILITIES EUR 2,452,125.88
Shareholders' equity EUR 221,852.67
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Balance sheet profit/loss (+/-)
EUR 196,852.67
Balance sheet profit / loss
EUR 196,852.67
Provisions
EUR 248,012.88
Liabilities
EUR 1,982,260.33
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.43 |
|
|
1 |
Rs.95.02 |
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Euro |
1 |
Rs.70.63 |
INFORMATION DETAILS
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Analysis Done by
: |
SUB |
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Report Prepared
by : |
ANK |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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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 |
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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.