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Report No. : |
331023 |
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Report Date : |
10.07.2015 |
IDENTIFICATION DETAILS
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Name : |
MARJO LEDER & TRACHT GMBH |
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Registered Office : |
Passauer Str. 4a D 94130 Obernzell |
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Country : |
Germany |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
HRB 8259 |
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Com. Reg. No.: |
HRB 8259 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
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No. of Employee : |
23 |
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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 : |
Slow but correct |
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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 – March 31, 2015
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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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, 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.
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Source
: CIA |
MARJO LEDER & TRACHT GMBH
Company Status: active
Passauer Str. 4a
D 94130 Obernzell
Telephone:08591/900112
Telefax: 08591/300120
Homepage: www.marjo.de
E-mail: einzelhandel@marjo.de
VAT no.: DE277531518
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 01.06.2011
Shareholders'
agreement: 01.06.2011
Registered on: 08.06.2011
Commercial Register: Local court
94032 Passau
under: HRB 8259
EUR 25,200.00
Shareholder:
Diana Möckl
Bahnhofstr. 9
D 94130 Obernzell
born: 13.04.1978
née: Rosenberger
Share: EUR 12,600.00
Shareholder:
Barbara Rosenberger
Passauer Str. 4a
D 94130 Obernzell
born: 03.03.1982
Share: EUR 12,600.00
Manager:
Diana Möckl
Bahnhofstr. 9
D 94130 Obernzell
having sole power of
representation
born: 13.04.1978
née: Rosenberger
Manager:
Barbara Rosenberger
Passauer Str. 4a
D 94130 Obernzell
having sole power of
representation
born: 03.03.1982
Further
functions/participations of Diana Möckl (Manager)
Proprietor:
Diana Möckl
Passauer Str. 4a
D 94130 Obernzell
Legal form: Unregistered
commercial
enterprise
dissolved
Limited partner:
MÖRO GmbH & Co. KG
Passauer Str. 4a
D 94130 Obernzell
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 10,000.00
contribution:
Share: EUR 5,000.00
Registered
on: 01.07.2011
Reg. data: 94032 Passau, HRA 12392
Shareholder:
MÖRO Verwaltungs GmbH
Passauer Str. 4a
D 94130 Obernzell
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 30.06.2011
Reg. data: 94032 Passau, HRB 8275
Manager:
MÖRO Verwaltungs GmbH
Passauer Str. 4a
D 94130 Obernzell
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 30.06.2011
Reg. data: 94032 Passau, HRB 8275
Further
functions/participations of Barbara Rosenberger (Manager)
Limited
partner:
MÖRO GmbH & Co. KG
Passauer Str. 4a
D 94130 Obernzell
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 10,000.00
contribution:
Share: EUR 5,000.00
Registered
on: 01.07.2011
Reg. data: 94032 Passau, HRA 12392
Shareholder:
MÖRO Verwaltungs
GmbH
Passauer Str. 4a
D 94130 Obernzell
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 30.06.2011
Reg. data: 94032 Passau, HRB 8275
Manager:
MÖRO Verwaltungs GmbH
Passauer Str. 4a
D 94130 Obernzell
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 30.06.2011
Reg. data: 94032 Passau, HRB 8275
Main
industrial sector
1512
Processing of leather (except manufacture of leather
apparel)
Secondary
industrial sector
4616 Agents
involved in the sale of textiles, apparel,
footwear and leatherware
46493
Wholesale of leather goods, luggage, giftware and
advertising articles
Payment experience: Slow but correct
Negative information:We have no negative
information at hand.
Balance sheet year: 2013
Type of ownership: Tenant
Address Passauer Str. 4a
D 94130 Obernzell
Land register documents were not available.
SPARKASSE PASSAU, 94014 PASSAU
Sort. code: 74050000
BIC: BYLADEM1PAS
Turnover: 2014 *EUR 3,507,500.00
Equipment: *EUR 201,000.00
Ac/ts receivable: EUR 421,780.00
Liabilities: EUR 834,459.00
Employees:
23
The business figures marked with an asterisk
are estimates based
on average values in the line of business.
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 56.87
Liquidity ratio: 1.09
Return on total capital [%]: 21.25
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 44.70
Liquidity ratio: 0.56
Return on total capital [%]: 18.39
Balance sheet ratios 01.06.2011 - 31.12.2011
Equity ratio [%]: 34.80
Liquidity ratio: 0.70
Return
on total capital [%]: 5.79
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 2,194,249.11
Fixed assets
EUR 84,962.00
Intangible assets
EUR 10,651.00
Tangible assets
EUR 74,311.00
Current assets
EUR 2,108,166.67
Stocks
EUR 1,237,348.56
Accounts receivable
EUR 421,780.39
Liquid means
EUR 449,037.72
Remaining other assets
EUR 1,120.44
Accruals (assets)
EUR 1,120.44
LIABILITIES EUR
2,194,249.11
Shareholders' equity
EUR 1,250,149.69
Capital
EUR 25,200.00
Subscribed capital (share capital)
EUR 25,200.00
Reserves EUR 12,800.00
Capital reserves
EUR 12,800.00
Balance sheet profit/loss (+/-)
EUR 1,212,149.69
Balance sheet profit / loss
EUR 1,212,149.69
Provisions EUR 109,640.08
Liabilities
EUR 834,459.34
Type of
balance
sheet: Company balance sheet
Financial
year: 01.01.2012 - 31.12.2012
ASSETS EUR 1,766,942.45
Fixed assets
EUR 66,968.00
Intangible assets
EUR 12,521.00
Tangible assets
EUR 54,447.00
Current assets
EUR 1,679,338.61
Stocks
EUR 972,493.51
Accounts receivable
EUR 283,566.12
Liquid means
EUR 423,278.98
Remaining
other assets EUR 20,635.84
Accruals (assets)
EUR 20,635.84
LIABILITIES EUR 1,766,942.45
Shareholders' equity
EUR 793,238.14
Capital
EUR 25,200.00
Subscribed capital (share capital)
EUR 25,200.00
Reserves
EUR 12,800.00
Capital reserves
EUR 12,800.00
Balance sheet profit/loss (+/-)
EUR 755,238.14
Profit / loss brought forward
EUR 431,482.26
Annual surplus / annual deficit
EUR 323,755.88
Provisions EUR 47,063.95
Liabilities
EUR 926,640.36
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.51 |
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|
1 |
Rs.97.85 |
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Euro |
1 |
Rs.70.50 |
INFORMATION DETAILS
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Analysis Done by
: |
KAS |
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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.