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Report No. : |
311669 |
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Report Date : |
14.03.2015 |
IDENTIFICATION DETAILS
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Name : |
B2B INTERTRADE GMBH |
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|
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Registered Office : |
Ludwig-Erhard-Allee 20, D 33719
Bielefeld |
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Country : |
Germany |
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
09.09.2008 |
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Com. Reg. No.: |
HRB 39424 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Non-Specialized Wholesale of Food,
Beverages and Tobacco. |
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|
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
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.
|
Source
: CIA |
B2B
Intertrade GmbH
Company Status: active
Ludwig-Erhard-Allee 20
D 33719 Bielefeld
Telephone:0521/98927-30
Telefax: 0521/98927-54
Homepage: www.b2b-intertrade.de
E-mail: i.zelikhovsky@b2b-intertrade.de
DE815056763
349/5703/2645
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 09.09.2008
Shareholders'
agreement: 09.09.2008
Registered
on: 10.12.2008
Commercial Register: Local court 33602 Bielefeld
under: HRB
39424
EUR 250,000.00
Shareholder:
Ekaterina Kupriy
RUS Sankt Petersburg
born: 14.10.1971
Share: EUR 250,000.00
Manager:
Igor Zelikovsky
Eschenweg 1
D 33813 Oerlinghausen
born: 22.09.1980
Manager:
Ekaterina Kupriy
RUS Sankt Petersburg
born: 14.10.1971
Nationality: Russian
Further functions/participations of Igor Zelikovsky
(Manager)
Proprietor:
Igor Zelikovsky
Dirschauer Str. 11
D 33699 Bielefeld
Legal form: Unregistered
commercial
enterprise
09.09.2008 - 2010 B2B Intertrade GmbH
Gadderbaumer Str. 19
D 33602 Bielefeld
Private limited
company
2011 - 02.2012 B2B Intertrade GmbH
Turnerstr. 49
D 33602 Bielefeld
Private limited
company
06.01.2009 - 18.12.2013 Manager
Alexey Kupriy
RUS - Sankt
Petersburg
Main industrial sector
4639
Non-specialized wholesale of food, beverages and tobacco
Secondary industrial sector
4690
Non-specialized wholesale trade
7010
Activities of head offices
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Balance sheet year: 2013
Type of ownership: Tenant
Address Ludwig-Erhard-Allee
20
D 33719 Bielefeld
Land register documents were not available.
A bank connection is unknown.
Turnover: 2013 EUR 11,735,967.00
Profit: 2013 EUR 13,867.00
Liabilities: EUR 425,633.00
The
number of employees is not known.
Balance
sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 34.65
Return on total capital [%]: 2.07
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 8.98
Liquidity ratio: 1.10
Return on total capital [%]: 0.54
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 7.26
Liquidity ratio: 1.08
Return on total capital [%]: 0.55
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 10.44
Liquidity ratio: 1.16
Return on total capital [%]: 6.22
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 670,856.18
Fixed assets
EUR 2,686.00
Current assets
EUR 666,072.08
Remaining other assets
EUR 2,098.10
Accruals (assets)
EUR 2,098.10
LIABILITIES EUR 670,856.18
Shareholders' equity
EUR 232,459.53
Provisions
EUR 12,763.92
Liabilities
EUR 425,632.73
Other liabilities
EUR 0.00
Unspecified other liabilities
EUR 0.00
thereof liabilities from tax /
financial authorities
EUR 1,350.87
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 11,735,966.57
Other operating income
EUR 7,003.85
Cost of materials
EUR 11,054,433.31
Gross result (+/-)
EUR 688,537.11
Staff expenses EUR 130,700.75
Total depreciation
EUR 1,000.23
Other operating expenses
EUR 536,217.82
Operating result from continuing
operations
EUR 20,618.31
Result from ordinary operations (+/-)
EUR 20,618.31
Tax
(+/-)
EUR -6,751.40
Annual surplus / annual deficit
EUR 13,866.91
Type
of balance
sheet:
Company balance sheet
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 2,432,144.78
Fixed assets
EUR 1,352.00
Intangible assets
EUR 284.00
Other / unspecified intangible assetsEUR 284.00
Tangible assets
EUR 1,068.00
Other / unspecified tangible assets
EUR 1,068.00
Current assets EUR 2,430,792.78
Accounts receivable
EUR 2,401,581.34
Other debtors and assets
EUR 2,401,581.34
Liquid means
EUR 29,211.44
LIABILITIES EUR 2,432,144.78
Shareholders' equity
EUR 218,592.62
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Balance sheet profit/loss (+/-)
EUR 193,592.62
Profit / loss brought forward
EUR 180,420.75
Annual surplus / annual deficit
EUR 13,171.87
Provisions
EUR 6,184.39
Liabilities
EUR 2,207,367.77
Other liabilities
EUR 2,207,367.77
Unspecified other liabilities
EUR 2,207,367.77
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.67 |
|
|
1 |
Rs.93.16 |
|
Euro |
1 |
Rs.66.42 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
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Report Prepared
by : |
NIT |
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 |
|
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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 |
|
|
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.