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Report No. : |
312813 |
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Report Date : |
19.03.2015 |
IDENTIFICATION DETAILS
|
Correct Name : |
OSCHATZ GMBH |
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|
|
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Registered Office : |
Westendhof 10-12, D 45143 Essen, Post Box 10 28 43, D 45028
Essen |
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Country : |
Germany |
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|
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Financials (as on) : |
31.12.2013 |
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|
Year of Establishments : |
1849 |
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Com. Reg. No.: |
HRB 190 |
|
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|
Legal Form : |
Private Limited Company |
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Line of Business : |
·
Engaged in developing
and producing Cooling Systems
for Pyrometallurgical Processes such as Levitation Melting, Isasmelt, Ausmelt
and Fluidised Bed Roasting for the extraction of Non-Ferrous Metals like
Lead, Copper, Nickel, Zinc or Tin. ·
Subject also offers core components for Sulphuric Acid, Nitric Acid,
Caprolactam and Hydroxylamine Plants which are used in the Chemical Industry,
Individual Customer Tailored Systems for environmentally friendly Thermal
Recycling/Disposal of Biomass, Refuse Derived Fuels (RDF) and residues are also part of the service
range Oschatz offers. ·
Manufacturer of Water Tube Boilers in one piece |
|
|
|
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No of Employees : |
180 |
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 |
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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 |
|
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 |
Oschatz
GmbH (Correct
Name)
Westendhof 10-12
D 45143 Essen
Post Box 10 28 43, D 45028 Essen
Telephone: 0201/1802-0
Telefax: 0201/1802-165
Homepage: www.oschatz.com
E-mail: info@oschatz.com
active
DE119651549
Business
relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 1849
Registered on: 18.06.2001
Commercial Register: Local
court 45130 Essen
under: HRB 190
Share capital:
EUR 20,250,000.00
Dr. Jan-Christopher Schrag
Reckmannshof 19
D 45133 Essen
born: 02.01.1975
Share: EUR 4,353,750.00
Shareholder:
Tim Oliver Schrag
Julienstr. 27
D 45130 Essen
born: 29.05.1978
Share: EUR 4,353,750.00
Shareholder:
Jürg Oschatz
Isabellastr. 3
D 45130 Essen
born: 05.08.1941
Share: EUR 3,106,350.00
Shareholder:
Astrid Costegioli
Winkelweg 11
CH 4105 Biel-Benken
born: 12.09.1936
Share: EUR 2,802,600.00
Shareholder:
Joachim Horst Wolfgang Kurzbach
Ebersmoorweg 4
D 22143 Hamburg
born: 01.11.1968
Share: EUR 1,557,225.00
Shareholder:
Peter Boelke
Händelstr. 6
D 41462 Neuss
born: 30.07.1970
Share: EUR 1,093,500.00
Shareholder:
Sonja Harms
Buchbergweg 4
D 83703 Gmund
born: 05.12.1967
née: Boelke
Share: EUR 1,093,500.00
Shareholder:
Andrea Hübner
Georg-Hirth-Str. 51
D 83700 Rottach-Egern
born: 07.09.1966
née: Boelke
Share: EUR 1,012,500.00
Shareholder:
Christa Puschmann
Franz-Mehring-Str. 5
D 04157 Leipzig
born: 01.05.1935
Share: EUR 674,325.00
Shareholder:
Dr. Hans-Jürgen Schrag
Zoeppritzstr. 19b
D 82467
Garmisch-Partenkirchen
born: 12.03.1949
Share: EUR 202,500.00
Dr. Jan-Christopher Schrag
Reckmannshof 19
D 45133 Essen
born: 02.01.1975
Manager:
Andreas Albrecht
Uhlandstr. 19
D 45699 Herten
born: 08.10.1964
Profession: graduate engineer
Herbert Hüning
Ritterstr. 27
D 46348 Raesfeld
authorized to jointly represent the company
born: 03.12.1951
Profession: graduate engineer
Proxy:
Tim Oliver Schrag
Julienstr. 27
D 45130 Essen
authorized to jointly
represent the company
born: 29.05.1978
Marital status: unknown
Proxy:
Hermann Hosch
Prosperstr. 120a
D 46238 Bottrop
authorized to jointly
represent the company
born: 25.07.1953
Profession: Fully
qualified merchant
Proxy:
Hans-Wilhelm Winkler
Neudecker Str. 42
D 45470 Mülheim
authorized to jointly
represent the company
born: 07.11.1954
Proxy:
Christoph Werner Wilms
Am Dornbusch 85
D 46244 Bottrop
authorized to jointly
represent the company
born: 09.10.1967
Marital status: unknown
Proxy:
Heinz Wienen
Raiffeisenweg 7
D 46342 Velen
authorized to jointly
represent the company
born: 31.08.1963
Proxy:
Klaus Brunsbach
D 46325 Borken
authorized to jointly represent
the company
born: 01.05.1967
Further
functions/participations of Dr. Jan-Christopher Schrag (Manager)
Manager:
Oschatz Filtertechnik
Verwaltungs-GmbH
Westendhof 10-12
D 45143 Essen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 06.01.2015
Reg. data: 45130 Essen, HRB 25990
Manager:
Oschatz
Beteiligungsgesellschaft mbH
Westendhof 10-12
D 45143 Essen
Legal form: Private limited
company
Share capital: EUR 30,677.51
Registered
on: 02.12.1997
Reg. data: 45130 Essen, HRB 12750
Further functions/participations
of Andreas Albrecht (Manager)
Manager:
Oschatz Filtertechnik
Verwaltungs-GmbH
Westendhof 10-12
D 45143 Essen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 06.01.2015
Reg. data: 45130 Essen, HRB 25990
Manager:
Oschatz Beteiligungsgesellschaft
mbH
Westendhof 10-12
D 45143 Essen
Legal form: Private
limited company
Share capital: EUR 30,677.51
Registered
on: 02.12.1997
Reg. data: 45130 Essen, HRB 12750
02.12.2009 - 02.04.2014 Manager
Dr. Hans-Jürgen Schrag
D 82467 Garmisch-Partenkirchen
·
Engaged in developing and
producing Cooling Systems for
Pyrometallurgical Processes such as Levitation Melting, Isasmelt, Ausmelt and
Fluidised Bed Roasting for the extraction of Non-Ferrous Metals like Lead,
Copper, Nickel, Zinc or Tin.
·
Subject also offers core components for Sulphuric Acid, Nitric Acid,
Caprolactam and Hydroxylamine Plants which are used in the Chemical Industry,
Individual Customer Tailored Systems for environmentally friendly Thermal
Recycling/Disposal of Biomass, Refuse Derived Fuels (RDF) and residues are also part of the service
range Oschatz offers.
·
Manufacturer of Water Tube Boilers in one piece
Limited partner:
Oschatz Kraftwerkstechnik
GmbH & Co. KG
Leverkusenstr. 54
D 22761 Hamburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 200,000.00
contribution:
Share: EUR 200,000.00
Reg. data: 13.02.2012
Local court 20355 Hamburg
HRA 114361
Limited partner:
Oschatz Filtertechnik
GmbH & Co. KG
Westendhof 10-12
D 45143 Essen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 200,000.00
contribution:
Share: EUR 200,000.00
Reg. data: 18.11.2014
Local court
45130 Essen
HRA 10285
Limited partner:
Reining Heißkühlung GmbH
& Co. KG
Dessauer Str. 60
D 45472 Mülheim
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 102,258.38
contribution:
Share: EUR 102,258.38
Reg. data: 04.01.1947
Local court 47051 Duisburg
HRA 8420
Shareholder:
Oschatz
Beteiligungsgesellschaft mbH
Westendhof 10-12
D 45143 Essen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 30,677.51
Share: EUR 30,677.51
Reg. data: 02.12.1997
Local court
45130 Essen
HRB 12750
Shareholder:
RH-Verwaltungsgesellschaft mbH
Dessauer Str. 60
D 45472 Mülheim
Legal form: Private limited
company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Reg. data: 17.11.1988
Local court
47051 Duisburg
HRB 14807
Shareholder:
Oschatz Filtertechnik
Verwaltungs-GmbH
Westendhof 10-12
D 45143 Essen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 06.01.2015
Local court
45130 Essen
HRB 25990
Shareholder:
Synergie Gesellschaft für
Publikationen und
Marketing GmbH
Lönsweg 35
D 45479 Mülheim
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 5,000.00
Reg. data: 13.09.2010
Local court
47051 Duisburg
HRB 22715
Payment
experience: No Complaints
Negative
information: We have no negative
information at hand.
Balance
sheet year: 2013
Type of
ownership: proprietor
Share: 100.00 %
Address Westendhof
10-12
D 45143 Essen
Land
register documents were not available.
Principal banks
COMMERZBANK, 45116 ESSEN, RUHR
Sort. code: 36040039, Account no.: 1516244
BIC: COBADEFFXXX, IBAN: DE25360400390151624400
SPARKASSE ESSEN, 45117 ESSEN, RUHR
Sort. code: 36050105, Account no.: 286609
BIC: SPESDE3EXXX, IBAN: DE44360501050000286609
Further banks
BREMER KREDITBANK, 28195 BREMEN
Sort. code: 29020100, Account no.: 281333
BIC: BANVDEHBXXX, IBAN: DE28290201000000281333
WGZ BANK, 40001 DÜSSELDORF
Sort. code: 30060010, Account no.: 195910
BIC: GENODEDDXXX, IBAN: DE08300600100000195910
UNICREDIT BANK - HYPOVEREINSBANK, 45005 ESSEN, RUHR
Sort. code: 36020186, Account no.: 363743773
BIC: HYVEDEMM360, IBAN: DE96360201860363743773
NATIONAL-BANK ESSEN, 45027 ESSEN, RUHR
Sort. code: 36020030, Account no.: 1837672
BIC: NBAGDE3EXXX, IBAN: DE45360200300001837672
LANDESBANK BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE BANK, 70144
STUTTGART
Sort. code: 60050101, Account no.: 2758099
BIC: SOLADEST600, IBAN: DE30600501010002758099
Turnover: 2013 EUR 92,917,438.00
2014 EUR 93,000,000.00
Profit: 2013 EUR 2,844,162.00
further business figures:
Equipment: EUR 565,239.00
Ac/ts receivable: EUR 32,263,462.00
Liabilities: EUR 34,201,044.00
Total numbers of
vehicles:
16
- Passenger cars:
16
Employees:
180
- thereof permanent
staff:
173
- Part-time employees: 5
- Trainees:
2
Balance sheet ratios
01.01.2013 - 31.12.2013
Equity ratio [%]: 35.81
Liquidity ratio: 1.11
Return on total capital [%]: 3.90
Balance sheet ratios
01.01.2012 - 31.12.2012
Equity ratio [%]: 30.96
Liquidity ratio: 1.18
Return on total capital
[%]: 4.32
Balance sheet ratios
01.01.2011 - 31.12.2011
Equity ratio [%]: 35.07
Liquidity ratio: 1.00
Return on total capital
[%]: 7.84
Balance sheet ratios
01.01.2010 - 31.12.2010
Equity ratio [%]: 36.03
Liquidity ratio: 1.97
Return on total capital [%]: 11.23
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 76,323,666.50
Fixed assets EUR 24,151,105.94
Intangible assets EUR 380,899.00
Concessions, licences,
rights EUR 380,899.00
Tangible assets EUR 1,500,833.72
Land / similar
rights EUR 826,616.22
Plant / machinery EUR 108,979.00
Other tangible assets /
fixtures and
fittings EUR 565,238.50
Financial assets EUR 22,269,373.22
Shares in participations
/
subsidiaries and the
like EUR 11,561,182.22
Shares in related companies EUR 11,561,182.22
Loans to participations
/
subsidiaries and the
like EUR 8,667,706.00
Loans to related
companies EUR 8,667,706.00
Other loans EUR 2,040,485.00
Current assets EUR 52,074,291.88
Stocks EUR 14,723,704.02
Raw materials,
consumables and
supplies EUR 327,515.35
Finished goods / work in
progress EUR 14,396,188.67
Accounts receivable EUR 32,263,462.14
Trade debtors EUR 28,715,707.28
Amounts due from related
companies EUR 1,777,606.73
Other debtors and
assets EUR 1,770,148.13
Liquid means EUR 5,087,125.72
Remaining other
assets EUR 98,268.68
Accruals (assets) EUR 98,268.68
LIABILITIES EUR 76,323,666.50
Shareholders' equity EUR 27,330,229.48
Capital EUR 20,250,000.00
Subscribed capital
(share capital) EUR 20,250,000.00
Reserves EUR 1,400,000.00
Retained earnings /
revenue reserves EUR
1,400,000.00
Balance sheet profit/loss
(+/-) EUR 5,680,229.48
Balance sheet profit /
loss EUR 5,680,229.48
Provisions EUR 14,792,393.07
Pension provisions and
comparable
provisions EUR 9,169,968.07
Provisions for taxes EUR 201,026.00
Other / unspecified
provisions EUR 5,421,399.00
Liabilities EUR 34,201,043.95
Financial debts EUR 9,674,999.94
Liabilities due to
banks EUR 9,674,999.94
Other liabilities EUR 24,526,044.01
Trade creditors (for IAS
incl. bills
of exchange) EUR 5,684,197.02
Liabilities from
received advance
payments EUR 17,226,130.00
Liabililties due to
related companiesEUR
888,399.61
Unspecified other
liabilities EUR 727,317.38
thereof liabilities
from tax /
financial
authorities EUR 234,193.50
thereof liabilities
from social
security EUR 3,657.63
PROFIT AND LOSS ACCOUNT
(cost-summary method) according to Comm.
Code (HGB)
Sales EUR 92,917,437.88
Inventory change + own
costs (+/-) EUR 2,461,474.87
Inventory change
(+/-) EUR 2,461,474.87
Other operating
income EUR 2,183,256.13
Cost of materials EUR 66,427,568.52
Raw materials and
supplies, purchased
goods EUR 18,909,373.77
Purchased services EUR 47,518,194.75
Gross result (+/-) EUR 31,134,600.36
Staff expenses EUR 16,814,028.47
Wages and salaries EUR 14,010,517.07
Social security
contributions and
expenses for pension
plans and
benefits EUR 2,803,511.40
Total depreciation EUR 401,445.25
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 401,445.25
Other operating
expenses EUR 11,097,350.05
Operating result from
continuing
operations EUR 2,821,776.59
Result from participating
interests
(+/-) EUR 2,743,430.10
Expenses / income from
participations EUR 2,743,430.10
Income from related
companies EUR 2,743,430.10
Interest result (+/-) EUR -1,556,931.87
Interest and similar
income EUR 18,493.53
Interest and similar
expenses EUR 1,575,425.40
thereof paid to related
companies EUR 857.55
Other financial
result EUR 147,506.87
Income from securities
and loans from
financial assets EUR 184,334.53
thereof related
companies EUR 184,334.53
Depreciation on financial
assets and
marketable
securities EUR 36,827.66
Financial result
(+/-) EUR 1,334,005.10
Result from ordinary
operations (+/-) EUR 4,155,781.69
Extraordinary
expenses EUR 130,362.00
Extraordinary result
(+/-) EUR -130,362.00
Income tax / refund of
income tax (+/-)EUR -848,113.06
Other taxes / refund of
taxes EUR -333,144.75
Tax (+/-) EUR -1,181,257.81
Annual surplus / annual
deficit EUR 2,844,161.88
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 79,080,115.94
Fixed assets EUR 25,682,707.25
Intangible assets EUR 508,072.00
Concessions, licences,
rights EUR 508,072.00
Tangible assets EUR 1,655,735.72
Land / similar
rights EUR 871,116.22
Plant / machinery EUR 117,089.00
Other tangible assets /
fixtures and
fittings EUR 667,530.50
Financial assets EUR 23,518,899.53
Shares in participations
/
subsidiaries and the
like EUR 11,449,224.35
Shares in related
companies EUR 11,449,224.35
Loans to participations
/
subsidiaries and the
like EUR 10,087,219.18
Loans to related
companies EUR 10,087,219.18
Other loans EUR 1,982,456.00
Current assets EUR 53,244,789.37
Stocks EUR 11,766,599.73
Raw materials,
consumables and
supplies EUR 363,149.73
Finished goods / work in
progress EUR 11,403,450.00
Accounts receivable EUR 39,816,813.22
Trade debtors EUR 30,437,738.88
Amounts due from related
companies EUR 6,615,642.21
Other debtors and
assets EUR 2,763,432.13
Liquid means EUR 1,661,376.42
Remaining other
assets EUR 152,619.32
Accruals (assets) EUR 152,619.32
LIABILITIES EUR 79,080,115.94
Shareholders' equity EUR 24,486,067.60
Capital EUR 16,500,000.00
Subscribed capital
(share capital) EUR 16,500,000.00
Reserves EUR 3,750,000.00
Retained earnings /
revenue reserves EUR
3,750,000.00
Balance sheet profit/loss
(+/-) EUR 4,236,067.60
Profit / loss brought
forward EUR 1,078,502.09
Annual surplus / annual
deficit EUR 3,157,565.51
Provisions EUR 19,051,195.07
Pension provisions and
comparable
provisions EUR 9,111,249.07
Other / unspecified
provisions EUR
9,939,946.00
Liabilities EUR 35,542,853.27
Financial debts EUR 3,314,999.98
Liabilities due to
banks EUR 3,314,999.98
Other liabilities EUR 32,227,853.29
Trade creditors (for IAS
incl. bills
of exchange) EUR 5,257,250.37
Liabilities from
received advance
payments EUR 21,706,200.00
Liabililties due to related companiesEUR 3,539,077.22
Unspecified other
liabilities EUR 1,725,325.70
thereof liabilities
from tax /
financial
authorities EUR 1,669,876.57
thereof liabilities
from social
security EUR 4,277.40
PROFIT AND LOSS ACCOUNT
(cost-summary method) according to Comm.
Code (HGB)
Sales EUR 116,629,593.91
Inventory change + own costs
(+/-) EUR -1,426,958.87
Inventory change
(+/-) EUR -1,426,958.87
Other operating
income EUR 1,813,815.07
Cost of materials EUR 83,385,346.16
Raw materials and
supplies, purchased
goods EUR 19,969,646.82
Purchased services EUR 63,415,699.34
Gross result (+/-) EUR 33,631,103.95
Staff expenses EUR 17,003,420.99
Wages and salaries EUR 14,508,800.10
Social security
contributions and
expenses for pension
plans and
benefits EUR 2,494,620.89
Total depreciation EUR 437,627.64
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 437,627.64
Other operating
expenses EUR 13,480,377.50
Operating result from
continuing
operations EUR 2,709,677.82
Result from participating
interests
(+/-) EUR 3,434,451.66
Expenses / income from
participations EUR 3,434,451.66
Income from related
companies EUR 3,434,451.66
Interest result (+/-) EUR -1,174,235.45
Interest and similar
income EUR 75,415.75
thereof from related
companies EUR 0.00
Interest and similar
expenses EUR 1,249,651.20
thereof paid to related
companies EUR 1,278.22
Other financial
result EUR 198,009.16
Income from securities
and loans from
financial assets EUR 198,009.16
thereof related
companies EUR 198,009.16
Financial result
(+/-) EUR 2,458,225.37
Result from ordinary operations
(+/-) EUR 5,167,903.19
Extraordinary
expenses EUR 260,724.00
Extraordinary result
(+/-) EUR -260,724.00
Income tax / refund of
income tax (+/-)EUR -1,646,568.56
Other taxes / refund of
taxes EUR -103,045.12
Tax (+/-) EUR -1,749,613.68
Annual surplus / annual
deficit EUR 3,157,565.51
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.67 |
|
UK Pound |
1 |
Rs.92.46 |
|
Euro |
1 |
Rs.66.34 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
MNL |
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.