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Report No. : |
310907 |
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Report Date : |
12.03.2015 |
IDENTIFICATION DETAILS
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Name : |
ANIMEDICA INTERNATIONAL GMBH |
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|
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Registered Office : |
Solmsstr.
41, D 60486 Frankfurt, Post Box: 11 01 42, D 60036 Frankfurt |
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Country : |
Germany |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
20.04.1967 |
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Legal Form : |
Private limited company |
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Line of Business : |
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No of Employees : |
16 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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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, 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 |
aniMedica
international GmbH
Solmsstr.
41
D 60486
Frankfurt
Post Box:
11 01 42,
D 60036 Frankfurt
Telephone:069/7272760
Telefax: 069/72727677
Homepage: www.animedica-i.de
E-mail: info@animedica-i.de
Active
DE114118632
045 228
38150
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 20.04.1967
Shareholders'
agreement: 20.04.1967
Registered on: 15.06.1972
Commercial Register: Local court 60313 Frankfurt
under: HRB
12460
Share capital: EUR
883,200.00
Number of
shareholders:
16
Shareholder total capital: EUR 883,200.00
Manager:
Joachim Simon
D 65760 Eschborn
having sole power of
representation
born: 23.07.1961
President of the Supervisory Board:
Jacob Holm
DK - Graasten
Nationality: danish
Vice-president of the Supervisory Board:
Wolfgang Grimberg
D 60323 Frankfurt
Vice-president of the Supervisory Board:
Jean-Jacques Blain
F - Paris
Nationality: French
Marital status: unknown
Member of the Supervisory Board:
Hans-Josef Hilgers
Herzogenfeld 11
D 51519 Odenthal
born: 02.07.1956
Profession: Businessman
Marital status: married
Member of the Supervisory Board:
Dr. Ewald Franz Glaser
Straßburger Str. 10
D 77833 Ottersweier
born: 22.01.1958
Profession: Fully
qualified agri. engineer
Marital status: married
Member of the Supervisory Board:
Per Nilsson
S - Lomma
Profession: Director
Nationality: Swedish
Marital status: married
Member of the Supervisory Board:
Jürgen Wortmann
Ahornweg 10
D 49176 Hilter
born: 08.08.1953
Profession: Businessman
Marital status: married
Member of the Supervisory Board:
Dr. Josef Krapf
D 71332 Waiblingen
born: 22.01.1960
Profession: Businessman
Member of the Supervisory Board:
Detlef Schrader
Schulstr. 9
D 37539 Bad Grund
born: 15.02.1964
Member of the Supervisory Board:
Patrick Andre Albert
Boone
B Lokeren
born: 12.02.1961
Nationality: Belgian
Member of the Supervisory Board:
Christoph Henöckl
A - Wien
Nationality: Austrian
Marital status: unknown
Member of the Supervisory Board:
Dr.med.vet Stephan Gut
CH - Zürich
Profession: Veterinary
surgeon
Nationality: Swiss
Marital status: married
Member of the Supervisory Board:
Angel Lazaro
E - Madrid
Profession: Director
Nationality: Spanish
Marital status: married
Member of the Supervisory Board:
David O'Sullivan
IRL - Cork
Profession: Director
Nationality: Irish
Marital status: unknown
Member of the Supervisory Board:
Antonio Valls i Porta
E - Madrid
Profession: Manager
Nationality: Spanish
Marital status: married
Member of the Supervisory Board:
Tarmo Kajander
SF - Helsinki
Profession: Director
Nationality: Finnish
Marital status: unknown
Member of the Supervisory Board:
Pierre Joseph Paoli
F Paris
Nationality: French
Marital status: unknown
Member of the Supervisory Board:
Martin J. M. Bolscher
NL Pre Mervo
Nationality: Dutch
Marital status: unknown
Member of the Supervisory Board:
Carl Dorninger Lantmannen
S -
Nationality: Swedish
Marital status: unknown
20.04.1967 - 31.12.1995 Animedica-International Chemische
Produkte Gesellschaft
mit beschränkter
Grüneburgweg 51
D 60323 Frankfurt
Private limited
company
31.12.1995 - 17.05.2013 aniMedica international GmbH
Reuterweg 51-53
D 60323 Frankfurt
Private limited
company
20.01.1998 - 27.10.2014 Manager
Herbert Sinning
D 61267 Neu-Anspach
16.09.2013 - 01.08.2014 Member of the Supervisory Board
Thierry Détrée
F - Paris
18.10.2012 - 01.01.2013 Member of the Supervisory Board
Carl Dorninger
S - Malmö
18.10.2012 - 01.01.2013 Member of the Supervisory Board
Jan Smulders
NL - Utrecht
04.02.2012 - 18.10.2012 Member of the Supervisory Board
Martin J.M. Bolscher
NL - Rotterdam
04.02.2012 - 18.10.2012 Member of the Supervisory Board
Thierry Détrée
F - Paris
09.10.2000 - 18.10.2012 Vice-president of the Supervisory Board
Patrice Gollier
F Paris
Main industrial sector
2059 Manufacture of other chemical products
n.e.c.
46461 Wholesale of pharmaceutical goods
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2012
Type of ownership: Tenant
Address Solmsstr.
41
D 60486 Frankfurt
Land register documents were not available.
Principal bank
DZ BANK, 60274 FRANKFURT AM MAIN
Sort. code: 50060000, Account no.: 36439
BIC: GENODE55XXX, IBAN: DE15500600000000036439
Further banks
COMMERZBANK GF BRS, 60005 FRANKFURT AM MAIN
Sort. code: 50040033
BIC: COBADEF1BRS
COMMERZBANK, 60005 FRANKFURT AM MAIN
Sort. code: 50040000
BIC: COBADEFFXXX
POSTBANK, 60288 FRANKFURT AM MAIN
Sort. code: 50010060, Account no.: 7806601
BIC: PBNKDEFFXXX, IBAN: DE94500100600007806601
Equipment: EUR 44,936.00
Ac/ts receivable: EUR 5,104,648.00
Liabilities: EUR 7,211,525.00
Employees:
16
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 27.59
Liquidity ratio: 0.85
Return on total capital [%]: -1.51
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: 01.01.2012
- 31.12.2012
ASSETS EUR
9,419,451.23
Fixed assets EUR 62,651.11
Intangible assets EUR 8,863.00
Tangible assets EUR 44,936.00
Other tangible assets / fixtures
and
fittings EUR 44,936.00
Financial assets EUR 8,852.11
Shares in participations
/
subsidiaries and the
like EUR 3,431.67
Shares in related
companies EUR 3,431.67
Other / unspecified
financial assets EUR
5,420.44
Current assets EUR 9,356,490.88
Stocks EUR 2,976,865.91
Accounts receivable EUR 5,104,647.93
Amounts due from
shareholders EUR 1,366,375.64
Amounts due from related
companies EUR 261,289.83
Other debtors and
assets EUR 3,476,982.46
Liquid means EUR 1,274,977.04
Remaining other
assets EUR 309.24
Accruals (assets) EUR 309.24
LIABILITIES EUR 9,419,451.23
Shareholders' equity EUR 2,054,702.79
Capital EUR 806,400.00
Subscribed capital
(share capital) EUR 806,400.00
Reserves EUR 1,020,843.35
Capital reserves EUR 944,043.35
Retained earnings /
revenue reserves EUR
76,800.00
Balance sheet profit/loss
(+/-) EUR 227,459.44
Profit / loss brought
forward EUR 348,686.23
Annual surplus / annual
deficit EUR -121,226.79
Provisions EUR 153,223.82
Liabilities EUR 7,211,524.62
thereof total due to
shareholders EUR 1,536,329.13
Financial debts EUR 2,250,000.00
Liabilities due to
banks EUR 2,250,000.00
Other liabilities EUR 4,961,524.62
Liabilities due to
investee companiesEUR
1,536,329.13
Unspecified other
liabilities EUR 3,425,195.49
Guarantees and other
commitments EUR 54,873.62
Other guarantees and
other commitmentsEUR 54,873.62
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-) EUR 1,111,469.38
Staff expenses EUR 568,684.11
Total depreciation EUR 48,000.42
Other operating
expenses EUR 542,180.98
Operating result from
continuing
operations EUR -47,396.13
Result from participating
interests
(+/-) EUR 209.40
Expenses / income from
participations EUR 209.40
Income from related
companies EUR 209.40
Interest result (+/-) EUR -83,986.55
Interest and similar
income EUR 3,044.15
thereof from related
companies EUR 1,516.76
Interest and similar
expenses EUR 87,030.70
thereof paid to related
companies EUR 0.00
Financial result
(+/-) EUR -83,777.15
Result from ordinary
operations (+/-) EUR -131,173.28
Income tax / refund of
income tax (+/-)EUR 13,624.52
Other taxes / refund of
taxes EUR -3,678.03
Tax (+/-) EUR 9,946.49
Annual surplus / annual
deficit EUR -121,226.79
Inconsistent balance
sheets:
Financial year published on
01.01.2011 -
31.12.2011 20.03.2013
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 62.74 |
|
|
1 |
Rs. 94.60 |
|
Euro |
1 |
Rs. 67.09 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
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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 |
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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.