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Report No. : |
315201 |
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Report Date : |
28.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
BODYNOVA GMBH |
|
|
|
|
Registered Office : |
Scheidtweilerstr. 19, D 50933 Köln |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2013 |
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|
|
|
Date of Incorporation : |
10.03.1998 |
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|
|
|
Legal Form : |
Private limited company |
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|
|
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Line of Business : |
Wholesale of medical and orthopedic
goods, dental and laboratory supplies |
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|
|
|
No. of Employee : |
7 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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|
|
|
Payment Behaviour : |
Slow but correct |
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|
|
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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 |
BODYNOVA GMBH
Company Status: active
Scheidtweilerstr. 19
D 50933 Köln
Telephone:0221/3566350
Telefax: 0221/35663520
Homepage: www.bodynova.de
E-mail: shop@bodynova.de
VAT
no.: DE194150608
Tax
ID number: 223/5802/4800
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 10.03.1998
Shareholders' agreement: 10.03.1998
Registered on: 06.05.1998
Commercial Register: Local court 50939 Köln
under: HRB
30131
EUR
25,650.00
Holger Hinrich Ebenau
Hans-Katzer-Str. 40
D 50858 Köln
born: 08.12.1961
Share: EUR 25,650.00
Holger Hinrich Ebenau
Hans-Katzer-Str. 40
D 50858 Köln
having sole power of
representation
born: 08.12.1961
Profession: Businessman
Marital status: single
Britta Fiegl
D 50733 Köln
having sole power of
representation
born: 15.11.1969
Profession: Businessman
Further functions/participations of Holger
Hinrich Ebenau
(Manager)
Shareholder:
Maiyana GmbH
Kaiser-Wilhelm-Ring 2-4
D 50672 Köln
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 15.08.2014
Reg. data: 50939 Köln, HRB 82099
10.03.1998 - 03.1999 BODYNOVA GmbH Massagetische und
Praxisbedarf
Lütticher Str. 40
D 50674 Köln
Private limited
company
04.1999 - 22.07.2004 BODYNOVA GmbH Massagetische und
Praxisbedarf
Venloer Str. 61
D 50672 Köln
Private limited
company
22.07.2004 - 05.11.2007 BODYNOVA GmbH Massagetische und
Praxisbedarf
Vogelsanger Str. 10
D 50823 Köln
Private limited
company
05.11.2007 - 15.07.2014 BODYNOVA GmbH Massagetische und
Praxisbedarf
Scheidtweilerstr. 19
D 50933 Köln
Private limited
company
Main industrial sector
46462
Wholesale of medical and orthopedic goods, dental and
laboratory supplies
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Balance sheet year: 2013
Type of ownership: Tenant
Address Scheidtweilerstr.
19
D 50933 Köln
Real Estate of: Holger Hinrich Ebenau
Type of ownership: unknown
Address Hans-Katzer-Str.
40
D 50858 Köln
Land register documents were not available.
SPARKASSE KÖLNBONN, 50667 KÖLN
Sort. code: 37050198
BIC: COLSDE33XXX
POSTBANK, 51222 KÖLN
Sort. code: 37010050, Account no.: 284169505
BIC: PBNKDEFFXXX
Turnover: 2013 *EUR 1,400,000.00
Profit: 2013 EUR 39,011.00
Equipment: *EUR 42,000.00
Ac/ts receivable: EUR 210,672.00
Liabilities: EUR 959,970.00
Employees: 7
The
business figures marked with an asterisk are estimates based
on
average values in the line of business.
Balance
sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 12.51
Liquidity ratio: 0.23
Return on total capital [%]: 2.68
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 9.60
Liquidity ratio: 0.24
Return on total capital [%]: 4.04
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 4.87
Liquidity ratio: 0.24
Return on total capital [%]: 5.22
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: -1.29
Liquidity ratio: 0.26
Return on total capital [%]: 3.62
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 1,623,039.91
Fixed assets
EUR 421,410.06
Intangible assets EUR 333,115.00
Tangible assets
EUR 30,203.00
Financial assets
EUR 58,092.06
Other / unspecified financial assets EUR 58,092.06
Current assets EUR 1,175,878.85
Stocks
EUR 956,120.91
Accounts receivable
EUR 210,672.04
Liquid means
EUR 9,085.90
Remaining other assets
EUR 25,751.00
Accruals (assets)
EUR 25,751.00
LIABILITIES EUR 1,623,039.91
Shareholders' equity
EUR 320,468.04
Capital
EUR 25,650.00
Subscribed capital (share capital)
EUR 25,650.00
Balance sheet profit/loss (+/-)
EUR 294,818.04
Profit / loss brought forward
EUR 255,806.81
Annual surplus / annual deficit
EUR 39,011.23
Provisions
EUR 342,602.33
Liabilities
EUR 959,969.54
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 1,584,805.86
Fixed assets
EUR 439,724.45
Intangible assets
EUR 352,833.00
Tangible assets
EUR 29,179.00
Financial assets
EUR 57,712.45
Other / unspecified financial assets EUR 57,712.45
Current assets
EUR 1,124,976.41
Stocks
EUR 888,569.34
Accounts receivable
EUR 224,160.97
Liquid means
EUR 12,246.10
Remaining other assets EUR 20,105.00
Accruals (assets)
EUR 20,105.00
LIABILITIES EUR 1,584,805.86
Shareholders' equity
EUR 281,456.81
Capital EUR 25,650.00
Subscribed capital (share capital)
EUR 25,650.00
Balance sheet profit/loss (+/-)
EUR 255,806.81
Profit / loss brought forward
EUR 198,951.48
Annual
surplus / annual deficit EUR 56,855.33
Provisions
EUR 313,252.97
Liabilities
EUR 990,096.08
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.61 |
|
|
1 |
Rs.92.95 |
|
Euro |
1 |
Rs.68.15 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
ASH |
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.