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Report No. : |
325915 |
|
Report Date : |
09.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
OCS CHECKWEIGHERS GMBH |
|
|
|
|
Registered Office : |
Adam-Hoffmann-Str. 26, D 67657 Kaiserslautern |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
17.04.1996 |
|
|
|
|
Com. Reg. No.: |
HRB 4120 |
|
|
|
|
Legal Form : |
Private limited company |
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|
|
|
Line of Business : |
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|
|
|
|
No of Employees : |
53 |
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 : |
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 – 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 Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 |
OCS
Checkweighers GmbH
Adam-Hoffmann-Str.
26
D 67657 Kaiserslautern
Telephone:0631/341460
Telefax: 0631/341468640
Homepage:
www.ocs-cw.com
E-mail: info@ocs-cw.com
Active
DE180249046
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1996
Shareholders'
agreement: 17.04.1996
Registered on: 09.05.2005
Commercial Register: Local court 67655 Kaiserslautern
under: HRB
4120
Share capital: EUR 110,000.00
Shareholder:
Wipotec Wiege- und
Positionssysteme GmbH
Adam-Hoffmann-Str. 26
D 67657 Kaiserslautern
Legal form: Private
limited company
Share capital: EUR 2,000,000.00
Share: EUR 110,000.00
Registered on: 17.10.1988
Reg. data: 67655
Kaiserslautern, HRB 2317
Manager:
Theo Düppre
Auf dem Bännjerrück 67
D 67663 Kaiserslautern
having sole power of
representation
born: 16.05.1949
Marital status: married
Proxy:
Elli Günther
D 74523 Schwäbisch Hall
having sole power of
representation
born: 04.01.1966
née: Kern
Proxy:
Peter Radke
D 74523 Schwäbisch Hall
having sole power of
representation
born: 14.03.1960
Further functions/participations of Theo
Düppre (Manager)
Shareholder:
Wipotec Wiege- und
Positionssysteme GmbH
Adam-Hoffmann-Str. 26
D 67657 Kaiserslautern
Legal form: Private
limited company
Share capital: EUR
2,000,000.00
Share: EUR 1,020,000.00
Registered
on: 17.10.1988
Reg. data: 67655 Kaiserslautern, HRB 2317
Shareholder:
Mischitz GmbH
Adam-Hoffmann-Str. 7
D 67657 Kaiserslautern
Legal form: Private
limited company
Share capital: EUR 250,000.00
Share: EUR 65,000.00
Registered
on: 09.04.1992
Reg. data: 67655 Kaiserslautern, HRB 2653
Shareholder:
Wipotec
Inspektionstechnik GmbH
Adam-Hoffmann-Str. 26
D 67657 Kaiserslautern
Legal form: Private
limited company
Share capital: EUR 50,000.00
Share: EUR 13,000.00
Registered
on: 27.07.2006
Reg. data: 67655 Kaiserslautern, HRB 30173
Manager:
Wipotec Wiege- und
Positionssysteme GmbH
Adam-Hoffmann-Str. 26
D 67657 Kaiserslautern
Legal form: Private
limited company
Share capital: EUR 2,000,000.00
Registered
on: 17.10.1988
Reg. data: 67655 Kaiserslautern, HRB 2317
Manager:
Schmid Systemtechnik GmbH
Roxheimer Str. 8
D 67547 Worms
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 21.04.1999
Reg. data: 55116 Mainz, HRB 11881
Manager:
Wipotec Inspektionstechnik GmbH
Adam-Hoffmann-Str. 26
D 67657 Kaiserslautern
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 27.07.2006
Reg. data: 67655 Kaiserslautern, HRB 30173
17.04.1996 - 30.09.2001 OPTIMA
CONTROL SYSTEMS GmbH
Steinbeisweg 20
D 74523 Schwäbisch Hall
Private limited company
01.10.2001 - 14.03.2002 OPTIMA
CONTROL SYSTEMS GmbH
Max-Planck-Str. 7
D 74523 Schwäbisch Hall
Private limited company
15.03.2002 - 09.05.2005 OCS
Checkweighers GmbH
Max-Planck-Str. 7
D 74523 Schwäbisch Hall
Private limited company
Main industrial sector
2899
Manufacture of other special-purpose machinery n.e.c.
4669 Wholesale of other machinery, equipment and
supplies
Works:
OCS Checkweighers GmbH
Am Flugplatz 6
D 31137 Hildesheim
TEL.: 05121-518054
Works:
OCS Checkweighers GmbH
Max-Planck-Str. 7
D 74523 Schwäbisch Hall
TEL.: 0791/9462-0
FAX.: 0791/9462-100
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2013
Type of ownership: Tenant
Address Adam-Hoffmann-Str.
26
D 67657 Kaiserslautern
Land register documents were not available.
Principal bank
SPARKASSE SCHWÄBISCH HALL-CRAILSHEIM, 74504
SCHWÄBISCH HALL
Sort. code: 62250030, Account no.: 5028283
BIC: SOLADES1SHA, IBAN: DE23622500300005028283
Turnover: 2013 EUR 16,000,000.00
Profit: 2013 EUR 116,282.00
Equipment: EUR 496,487.00
Ac/ts receivable: EUR 3,648,622.00
Liabilities: EUR 4,216,283.00
Employees:
53
-
Part-time employees: 15
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 32.37
Liquidity ratio: 0.91
Return on total capital [%]: 1.61
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 31.36
Liquidity ratio: 0.60
Return on total capital [%]: 8.68
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 37.37
Liquidity ratio: 1.74
Return on total capital [%]: 10.21
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 31.14
Liquidity ratio: 1.84
Return on total capital [%]: 27.75
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.
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.
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 7,161,888.53
Fixed assets
EUR 2,500,881.47
Intangible assets
EUR 834.00
Other / unspecified intangible assetsEUR 834.00
Tangible assets
EUR 2,343,440.06
Land / similar rights
EUR 1,582,611.56
Plant / machinery
EUR 264,342.00
Other tangible assets / fixtures and
fittings
EUR 496,486.50
Financial assets
EUR 156,607.41
Shares in participations /
subsidiaries and the like
EUR 156,607.41
Shares in related companies
EUR 156,607.41
Current assets
EUR 4,651,697.10
Stocks
EUR 807,469.78
Accounts receivable EUR 3,648,622.45
Amounts due from related companies
EUR 642,353.42
Other debtors and assets
EUR 3,006,269.03
Liquid means
EUR 195,604.87
Remaining other assets
EUR 9,309.96
Accruals (assets)
EUR 9,309.96
LIABILITIES EUR 7,161,888.53
Shareholders' equity
EUR 2,318,407.15
Capital EUR 110,000.00
Subscribed capital (share capital)
EUR 110,000.00
Reserves
EUR 1,045,866.47
Retained earnings / revenue reserves EUR 1,045,866.47
Balance sheet profit/loss (+/-)
EUR 1,162,540.68
Profit / loss brought forward
EUR 1,046,258.50
Annual surplus / annual deficit
EUR 116,282.18
Provisions
EUR 627,198.37
Liabilities
EUR 4,216,283.01
Other liabilities
EUR 4,216,283.01
Liabililties due to related companiesEUR 2,050,607.04
Unspecified other liabilities EUR 2,165,675.97
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-)
EUR 4,153,757.71
Staff expenses
EUR 3,010,938.47
Wages and salaries
EUR 2,566,312.04
Social security contributions and
expenses for pension plans and
benefits
EUR 444,626.43
Total depreciation
EUR 319,317.41
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 319,317.41
Other operating expenses
EUR 552,546.48
Operating result from continuing
operations EUR 270,955.35
Interest result (+/-)
EUR -25,163.83
Interest and similar income
EUR 2,802.22
Interest and similar expenses
EUR 27,966.05
Financial result (+/-)
EUR -25,163.83
Result from ordinary operations (+/-)
EUR 245,791.52
Extraordinary income
EUR 1,026.71
Extraordinary result (+/-)
EUR 1,026.71
Income tax / refund of income tax (+/-)EUR -117,360.88
Other taxes / refund of taxes
EUR -13,175.17
Tax (+/-)
EUR -130,536.05
Annual surplus / annual deficit
EUR 116,282.18
Type of balance sheet: Company
balance sheet
Financial year: 01.01.2012
- 31.12.2012
ASSETS EUR 7,022,943.12
Fixed assets EUR
2,443,577.97
Intangible assets EUR 3.00
Tangible assets EUR 2,286,967.56
Financial assets EUR 156,607.41
Other / unspecified financial
assets EUR 156,607.41
Current assets EUR 4,551,964.61
Stocks EUR 1,784,334.83
Accounts receivable EUR 2,141,039.63
Liquid means EUR 626,590.15
Remaining other
assets EUR 27,400.54
Accruals (assets) EUR 27,400.54
LIABILITIES EUR 7,022,943.12
Shareholders' equity EUR 2,202,124.97
Capital EUR 110,000.00
Subscribed capital
(share capital) EUR 110,000.00
Reserves EUR 1,045,866.47
Retained earnings /
revenue reserves EUR
1,045,866.47
Balance sheet profit/loss
(+/-) EUR 1,046,258.50
Profit / loss brought
forward EUR 436,575.61
Annual surplus / annual
deficit EUR 609,682.89
Provisions EUR 605,555.49
Liabilities EUR 4,215,262.66
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 64.11 |
|
|
1 |
Rs. 97.84 |
|
Euro |
1 |
Rs. 71.11 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
DPT |
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.