|
Report No. : |
312775 |
|
Report Date : |
13.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
NKD VERTRIEBS GMBH |
|
|
|
|
Registered Office : |
Bühlstr. 5-7, D 95463 Bindlach, Post Box: 28 |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
06.11.1962 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No of Employees : |
6,444 |
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, 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.
|
Source
: CIA |
NKD Vertriebs GmbH
Bühlstr. 5-7
D 95463 Bindlach
Post Box: 28
Telephone:089/20188840
Telefax:
09208/699-209
Homepage: www.nkd.de
E-mail:
service@nkd.de
Active
DE229155285
208/133/50034
LEGAL FORM Private
limited company
Date of foundation: 06.11.1962
Shareholders'
agreement: 06.11.1962
Registered on: 13.02.1963
Commercial Register: Local court 95444 Bayreuth
under: HRB
442
Share capital: EUR 7,570,000.00
Shareholder:
DAUN & Cie
Aktiengesellschaft
Bahnhofstr. 21
D 26180 Rastede
Legal form: Public limited
company
Share capital: EUR
21,000,000.00
Share: EUR 3,709,300.00
Registered on: 14.08.1985
Reg. data: 26135
Oldenburg, HRB 120211
Shareholder:
ATLAS Textil Verwaltungs
GmbH
Bahnhofstr. 21
D 26180 Rastede
Legal form: Private
limited company
Share capital: EUR 818,100.00
Share: EUR 2,649,500.00
Registered on: 08.04.1987
Reg. data: 26135
Oldenburg, HRB 120254
Shareholder:
emdequity GmbH
Widenmayerstr. 2
D 80538 München
Legal form: Private
limited company
Share capital: EUR 100,000.00
Share: EUR 1,211,200.00
Registered on: 04.01.2007
Reg. data: 80333 München,
HRB 165723
Manager:
Werner Ritzi
Hohenkrähenstr. 7
D 78259 Mühlhausen-Ehingen
having sole power of representation
born: 22.10.1955
Profession: Industrial
manager
Manager:
Uwe Stahmer
Otto-Hahn-Str. 9
D 26160 Bad Zwischenahn
having sole power of
representation
born: 14.03.1964
Proxy:
Gerhard Güldner
D 95444 Bayreuth
authorized to jointly
represent the company
born: 21.06.1956
Proxy:
Torsten Schwiers
D 95463 Bindlach
authorized to jointly
represent the company
born: 18.11.1965
Proxy:
Janet Eilers
D 26180 Rastede
authorized to jointly
represent the company
born: 02.05.1971
Proxy:
Jörg Roßberg
D 95488 Eckersdorf
authorized to jointly
represent the company
born: 24.04.1967
Profession: Solicitor
Proxy:
Thomas Mergelmeyer
D 26121 Oldenburg
authorized to jointly
represent the company
born: 13.07.1971
Further functions/participations of Werner Ritzi (Manager)
Manager:
ESDA Feinstrumpffabrik
GmbH
Hofer Str. 32
D 09353 Oberlungwitz
Legal form: Private
limited company
Share capital: EUR 1,022,583.76
Registered
on: 18.03.1992
Reg. data: 09112 Chemnitz, HRB 4880
Manager:
ERGORA Fashion GmbH
Hofer Str. 32
D 09353 Oberlungwitz
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Registered
on: 24.08.2004
Reg. data: 09112 Chemnitz, HRB 21585
Liquidator:
Akademie Falkenhaus GmbH
Kennedyplatz 2
D 50679 Köln
Legal form: Private
limited company in
liquidation
Share capital: EUR 25,000.00
Registered
on: 18.08.2014
Reg. data: 50939 Köln, HRB 82107
Liquidator:
IBS Immobilien Bad
Salzungen GmbH
Bühlstr. 5-7
D 95463 Bindlach
Legal form: Private
limited company in
liquidation
Share capital: EUR 3,067,751.29
Registered
on: 04.02.2003
Reg. data: 95444 Bayreuth, HRB 3758
Further functions/participations of Uwe Stahmer (Manager)
Limited partner:
Palla Creativ
Textiltechnik GmbH & Co. KG
Niederforstbacher Str.
80-84
D 52078 Aachen
Legal form: Ltd
partnership with priv. ltd.
company as general partner
insolvent
Total cap. EUR 6,000,000.00
contribution:
Share: EUR 1,000,000.00
Registered
on: 29.06.2009
Reg. data: 52070 Aachen, HRA 7514
Limited partner:
NEV New Energy GmbH &
Co. KG
Bahnhofstr. 21
D 26180 Rastede
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 500,000.00
contribution:
Share: EUR 500,000.00
Registered
on: 02.12.2009
Reg. data: 26135 Oldenburg, HRA 202059
Shareholder:
Flock-Produktions-GmbH
Achatstr. 5
D 09356 St. Egidien
Legal form: Private
limited company
Share capital: EUR 130,000.00
Share: EUR 26,000.00
Registered
on: 12.12.2002
Reg. data: 09112 Chemnitz, HRB 20288
Manager:
Hanse Real Estate GmbH
Bahnhofstr. 21
D 26180 Rastede
Legal form: Private limited
company
Share capital: EUR 102,258.37
Registered
on: 11.05.2006
Reg. data: 26135 Oldenburg, HRB 200467
Manager:
Neue Palla Immobilien GmbH
Bahnhofstr. 21
D 26180 Rastede
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 07.01.2010
Reg. data: 26135 Oldenburg, HRB 204085
Manager:
GUTex GmbH
Gerhard-Unland-Str. 1
Sedelsberg
D 26683 Saterland
Legal form: Private
limited company
Share capital: EUR 4,601,626.93
Registered
on: 01.03.1977
Reg. data: 26135 Oldenburg, HRB 150043
Manager:
ROGO Strumpfwerke
Geschäftsführungs GmbH
Hofer Str. 32
D 09353 Oberlungwitz
Legal form: Private
limited company
Share capital: EUR 51,500.00
Registered
on: 14.02.2006
Reg. data: 09112 Chemnitz, HRB 22622
Manager:
ESDA Feinstrumpffabrik
GmbH
Hofer Str. 32
D 09353 Oberlungwitz
Legal form: Private
limited company
Share capital: EUR 1,022,583.76
Registered
on: 18.03.1992
Reg. data: 09112 Chemnitz, HRB 4880
Manager:
Mech. Baumwoll-Spinnerei
& Weberei Bayreuth
GmbH
Tunnelstr. 6
D 95448 Bayreuth
Post Box:
10 08 61
Legal form: Private
limited company
Share capital: EUR 3,623,780.00
Registered
on: 29.09.2014
Reg. data: 95444 Bayreuth, HRB 6030
Manager:
BETE Beteiligungs- und
Technologie GmbH
Bahnhofstr. 21
D 26180 Rastede
Legal form: Private
limited company
Share capital: EUR 51,129.19
Registered
on: 30.08.1999
Reg. data: 26135 Oldenburg, HRB 120967
Manager:
BETE Projektgesellschaft
mbH
Bahnhofstr. 21
D 26180 Rastede
Legal form: Private
limited company
Share capital: EUR 25,564.60
Registered
on: 21.09.1994
Reg. data: 26135 Oldenburg, HRB 120210
Manager:
Fari Verwaltungs GmbH
Bahnhofstr. 21
D 26180 Rastede
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 06.10.2000
Reg. data: 26135 Oldenburg, HRB 130628
Manager:
BT Textil Verwaltungs GmbH
Bahnhofstr. 21
D 26180 Rastede
Legal form: Private
limited company
Share capital: EUR 25,500.00
Registered
on: 12.02.2015
Reg. data: 26135 Oldenburg, HRB 209626
Manager:
Spandauer Velours
Verwaltungsgesellschaft
mbH
Hartensteiner Str. 60
D 09350 Lichtenstein
Legal form: Private
limited company
Share capital: EUR 30,677.51
Registered
on: 21.03.1994
Reg. data: 09112 Chemnitz, HRB 9747
Manager:
NEV New Energy Verwaltungs
GmbH
Kleibroker Str. 200
D 26180 Rastede
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 19.02.1999
Reg. data: 26135 Oldenburg, HRB 120920
Member of the Board of Directors:
DAUN & Cie Aktiengesellschaft
Bahnhofstr. 21
D 26180 Rastede
Legal form: Public limited
company
Share capital: EUR
21,000,000.00
Registered
on: 14.08.1985
Reg. data: 26135 Oldenburg, HRB 120211
Member of the Supervisory Board:
KAP-Beteiligungs-Aktiengesellschaft
Edelzeller Str. 44
D 36043 Fulda
Legal form: Public limited
company
Share capital: EUR
17,223,559.60
Registered
on: 01.10.2010
Reg. data: 36037 Fulda, HRB 5859
Proxy:
DAUN & Co. Immobilien
GmbH
Bahnhofstr. 21
D 26180 Rastede
Legal form: Private
limited company
Share capital: EUR 100,000.00
Registered
on: 27.06.2011
Reg. data: 26135 Oldenburg, HRB 205790
Liquidator:
Akademie Falkenhaus GmbH
Kennedyplatz 2
D 50679 Köln
Legal form: Private
limited company in
liquidation
Share capital: EUR 25,000.00
Registered
on: 18.08.2014
Reg. data: 50939 Köln, HRB 82107
09.01.2013 - 23.07.2014 Manager
Ralph-Steffen
Rosenbauer
D 95463 Bindlach
14.05.2013 - 09.01.2014 Manager
Stephan Maas
D 50667 Köln
09.01.2013 - 02.05.2013 Manager
Uwe Kantelhardt
D 95463 Bindlach
26.07.2012 - 02.05.2013 Manager
Michael Andreas Krause
D 40210 Düsseldorf
30.12.2003 - 27.12.2012 Manager
Claas Edmund Daun
D 26180 Rastede
05.12.1997 - 12.07.2012 Manager
Helmut Wirsieg
D 95445 Bayreuth
Main industrial sector
4751
Retail sale of textiles
47710
Retail sale of clothing
4775
Retail sale of cosmetics and toilet articles
Branch:
NKD Vertriebs GmbH
Straße des Friedens 8
D 02943 Weißwasser
TEL.: 0355/62206
Branch:
NKD Vertriebs GmbH
Zellaer Str. 5
D 98559 Oberhof
TEL.: 036842-5516
Branch:
NKD Vertriebs GmbH
Steinstr. 21
D 39418 Staßfurt
TEL.: 03925/624123
Branch:
NKD Vertriebs GmbH
Muskauer Str. 39
D 02906 Niesky
TEL.: 03588/200991
Branch:
NKD Vertriebs GmbH
Platz der
Völkerfreundschaft 8
D 02625 Bautzen
TEL.: 03591/601809
FAX.: 03591/601809
Branch:
NKD Vertriebs GmbH
Lindenstr. 2-4
D 03149 Forst
TEL.: 03562/984327
Branch:
NKD Vertriebs GmbH
Markt 3-5
D 07318 Saalfeld
TEL.: 03671/672000
Branch:
NKD Vertriebs GmbH
Maximilianstr. 65
D 95444 Bayreuth
TEL.: 0921/7610430
Branch:
NKD Vertriebs GmbH
Herrnstr. 12
D 85368 Moosburg
TEL.: 08761/75024
Branch:
NKD Vertriebs GmbH
Neue Amberger Str. 50
D 92655 Grafenwöhr
TEL.: 09641/91100
Branch:
NKD Vertriebs GmbH
Bamberger Str. 11
D 91315 Höchstadt
TEL.: 09193 / 698700
Branch:
NKD Vertriebs GmbH
Klingelbrink 10
D 33378 Rheda-Wiedenbrück
TEL.: 05242/578175
Shareholder:
IBS Immobilien Bad
Salzungen GmbH
Bühlstr. 5-7
D 95463 Bindlach
Legal form: Private
limited company
Company Status: in
liquidation
since: 29.03.2011
Share capital: EUR 3,067,751.29
Share: EUR 3,067,751.29
Reg. data: 04.02.2003
Local court
95444 Bayreuth
HRB 3758
Shareholder:
Akademie Falkenhaus GmbH
Kennedyplatz 2
D 50679 Köln
Legal form: Private
limited company
Company Status: in liquidation
since: 10.09.2013
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 18.08.2014
Local court 50939 Köln
HRB 82107
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2012
Type of ownership: proprietor
Share: 100.00 %
Address Bühlstr.
5-7
D 95463 Bindlach
Value at selling price: EUR 20,000,000.00
Real Estate of: DAUN & Cie Aktiengesellschaft
Type of ownership: unknown
Address Bahnhofstr. 21
D 26180 Rastede
Real Estate of: ATLAS Textil Verwaltungs GmbH
Type of ownership: unknown
Address Bahnhofstr. 21
D 26180 Rastede
Real Estate of: emdequity GmbH
Type of ownership: Tenant
Address Widenmayerstr. 2
D 80538 München
Land register documents were not available.
Principal bank
COMMERZBANK, 95444 BAYREUTH
Sort. code: 77340076
BIC: COBADEFFXXX
Further banks
SPARKASSE BAYREUTH, 95463 BINDLACH
Sort. code: 77350110
BIC: BYLADEM1SBT
UNICREDIT BANK - HYPOVEREINSBANK, 95402
BAYREUTH
Sort. code: 77320072
BIC: HYVEDEMM412
POSTBANK, 90322 NÜRNBERG, MITTELFR
Sort. code: 76010085
BIC: PBNKDEFFXXX
Equipment: EUR 29,296,055.00
Ac/ts receivable: EUR 19,565,620.00
Liabilities: EUR 135,023,396.00
Employees:
6,444
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 32.05
Liquidity ratio: 0.09
Return on total capital [%]: -18.39
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 183,407,347.63
Fixed
assets EUR 59,020,814.13
Intangible
assets EUR 3,275,560.60
Concessions, licences, rights
EUR 1,623,663.00
Goodwill
EUR 68,408.00
Advance
payments for intang. assets EUR 1,583,489.60
Tangible
assets EUR 30,433,036.59
Land /
similar rights EUR 1,125,481.51
Other
tangible assets / fixtures and
fittings
EUR 29,296,055.08
Advance
payments made / construction
in
progress
EUR 11,500.00
Financial
assets EUR 25,312,216.94
Shares in
participations /
subsidiaries and the like
EUR 19,413,376.08
Shares in
related companies EUR 19,413,376.08
Loans to
participations /
subsidiaries and the like
EUR 3,683,488.36
Loans to
related companies EUR 3,683,488.36
Other
loans EUR 2,215,352.50
Current
assets EUR 124,058,286.10
Stocks EUR 97,587,000.00
Raw
materials, consumables and
supplies
EUR 887,000.00
Finished
goods / work in progress EUR 96,700,000.00
Accounts
receivable EUR 19,565,619.68
Amounts due
from shareholders EUR 10,725,418.06
Trade
debtors EUR 387,385.41
Amounts due
from related companies EUR 6,917,748.75
Other
debtors and assets EUR 1,535,067.46
Liquid
means EUR 6,905,666.42
Remaining
other assets EUR 328,247.40
Accruals
(assets) EUR 328,247.40
LIABILITIES EUR 183,407,347.63
Shareholders'
equity EUR 36,119,901.62
Capital EUR 7,570,000.00
Subscribed
capital (share capital) EUR 7,570,000.00
Balance
sheet profit/loss (+/-) EUR 28,549,901.62
Balance
sheet profit / loss EUR 28,549,901.62
Provisions EUR 12,264,050.00
Provisions
for taxes EUR 18,000.00
Other /
unspecified provisions EUR 12,246,050.00
Liabilities EUR 135,023,396.01
Financial
debts EUR 50,907,644.47
Liabilities
due to banks EUR
50,907,644.47
Other
liabilities EUR 84,115,751.54
Trade
creditors (for IAS incl. bills
of
exchange)
EUR 41,459,134.64
Liabililties due to related companiesEUR 33,601,764.29
Unspecified
other liabilities EUR 9,054,852.61
Guarantees
and other commitments EUR 4,150,000.00
Guarantees /
warranties EUR 3,650,000.00
Guarantees
EUR 3,650,000.00
Other
guarantees and other commitmentsEUR
500,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 434,648,559.96
Other
operating income EUR 15,648,575.25
Cost of
materials EUR 252,379,267.75
Raw
materials and supplies, purchased
goods EUR 252,379,267.75
Gross result
(+/-) EUR 197,917,867.46
Staff
expenses EUR 97,814,375.54
Wages and
salaries EUR 80,727,443.83
Social
security contributions and
expenses for
pension plans and
benefits EUR
17,086,931.71
Total
depreciation EUR 9,757,091.98
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 9,757,091.98
Other
operating expenses EUR 121,007,540.10
Operating
result from continuing
operations EUR -30,661,140.16
Result from
participating interests
(+/-) EUR 17,024,704.77
Expenses /
income from participations EUR
17,024,704.77
Income from
related companies EUR 17,024,704.77
Interest
result (+/-) EUR -18,351,732.19
Interest and
similar income EUR 139,751.73
Interest and
similar expenses EUR 18,491,483.92
Other
financial result EUR 291,481.20
Income from
securities and loans from
financial
assets EUR 291,481.20
Financial result
(+/-) EUR -1,035,546.22
Result from
ordinary operations (+/-) EUR -31,696,686.38
Extraordinary
income EUR 41,429,313.38
Extraordinary
result (+/-) EUR 41,429,313.38
Income tax /
refund of income tax (+/-)EUR
43,147.50
Other taxes /
refund of taxes EUR -83,109.00
Tax
(+/-)
EUR -39,961.50
Annual
surplus / annual deficit EUR 9,692,665.50
Inconsistent balance sheets:
Financial year published on
01.01.2011 - 31.12.2011 15.07.2014
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 62.56 |
|
|
1 |
Rs. 93.56 |
|
Euro |
1 |
Rs. 65.94 |
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.