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Report No. : |
323623 |
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Report Date : |
28.05.2015 |
IDENTIFICATION DETAILS
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Name : |
APS ANTRIEBS-, PRÜF- UND STEUERTECHNIK
GMBH |
|
|
|
|
Registered Office : |
Götzenbreite 12 D 37124 Rosdorf |
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|
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Country : |
Germany |
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|
|
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Financials (as on) : |
31.12.2013 |
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|
|
Date of Incorporation : |
28.07.1993 |
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|
|
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Com. Reg. No.: |
HRB 4129 |
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|
Legal Form : |
Private Limited Company |
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|
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Line of Business : |
·
Manufacture of bearings, gears, gearing
and driving elements ·
Agents involved in the sale of
machinery, industrial equipment, shipsand aircraft |
|
|
|
|
No. of Employee : |
18 |
RATING & COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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|
|
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Payment Behaviour : |
No complaints |
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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 |
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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, 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 2014. The new German government introduced a minimum wage of about $11.60 (8.50 euros) 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%. The budget was essentially in balance in 2014. 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 plans to replace nuclear power with renewable energy, which accounts for 34% of total energy consumption, up from 9% in 2000. 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 |
APS
ANTRIEBS-, PRÜF- UND STEUERTECHNIK GMBH
Company Status: active
Götzenbreite 12
D 37124 Rosdorf
Telephone:0551/307520
Telefax: 0551/3075220
Homepage:
www.wille-geotechnik.com
E-mail: info@wille-geotechnik.com
VAT
no.: DE162092653
Tax
ID number: 20/200/14631
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 28.07.1993
Shareholders'
agreement: 28.07.1993
Registered on: 19.05.2005
Commercial Register: Local court 37073 Göttingen
under: HRB
4129
EUR 26,000.00
Shareholder:
Thorsten Wille
Herzberger Landstr. 46
D 37085 Göttingen
born: 23.01.1963
Share: EUR 26,000.00
Manager:
Thorsten Wille
Herzberger Landstr. 46
D 37085 Göttingen
having sole power of
representation
born: 23.01.1963
Profession: Businessman
Marital status: single
Further functions/participations of Thorsten
Wille (Manager)
Limited partner:
Götzenbreite 12 UG (haftungsbeschränkt)
&
Co. KG
Götzenbreite 12
D 37124 Rosdorf
Legal form: Ltd.partners.
w.entrepreneur
comp.(ltd.liability)gen.partner
Total cap. EUR 200.00
contribution:
Share: EUR 200.00
Registered
on:
12.06.2013
Reg. data: 37073 Göttingen, HRA 201245
Shareholder:
APS Feinmechanik GmbH
Götzenbreite 12
D 37124 Rosdorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 25.08.2010
Reg. data: 37073 Göttingen, HRB 201312
Shareholder:
Silbertool Werkzeug GmbH
Götzenbreite 12
D 37124 Rosdorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 1,250.00
Registered
on: 08.07.2013
Reg. data: 37073 Göttingen, HRB 204060
Shareholder:
Götzenbreite 12
Verwaltungs-UG
(haftungsbeschränkt)
Götzenbreite 12
D 37124 Rosdorf
Legal form: Entrepreneur
Company (limited
liability)
Share capital: EUR 900.00
Share: EUR 300.00
Registered
on: 09.04.2013
Reg. data: 37073 Göttingen, HRB 203986
Manager:
Götzenbreite 12
Verwaltungs-UG
(haftungsbeschränkt)
Götzenbreite 12
D 37124 Rosdorf
Legal form: Entrepreneur Company (limited
liability)
Share capital: EUR 900.00
Registered
on: 09.04.2013
Reg. data:
37073 Göttingen, HRB 203986
Manager:
APS Feinmechanik GmbH
Götzenbreite 12
D 37124 Rosdorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 25.08.2010
Reg. data: 37073 Göttingen, HRB 201312
Manager:
Silbertool Werkzeug GmbH
Götzenbreite 12
D 37124 Rosdorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 08.07.2013
Reg. data: 37073 Göttingen, HRB 204060
28.07.2003 - 18.05.2005 APS Antriebs-, Prüf- und Steuertechnik
GmbH
Heinrich-Heine-Str. 5
D 09557 Flöha
Private limited
company
19.05.2005 - 14.03.2011 APS Antriebs-, Prüf- und Steuertechnik
GmbH
Wagenstieg 8a
D 37077 Göttingen
Private limited
company
Main industrial sector
28150
Manufacture of bearings, gears, gearing and driving
elements
4614
Agents involved in the sale of machinery, industrial
equipment, shipsand aircraft
Branch:
APS Antriebs-, Prüf- und
Steuertechnik GmbH
Heinrich-Heine-Str. 5
D 09557 Flöha
TEL.: 03726/789677
FAX.: 03726/7909930
Shareholder:
Silbertool Werkzeug GmbH
Götzenbreite 12
D 37124 Rosdorf
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 23,750.00
Reg. data: 08.07.2013
Local court
37073 Göttingen
HRB
204060
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Balance sheet year: 2013
Type of ownership: Tenant
Address
Götzenbreite 12
D 37124 Rosdorf
Land register documents were not available.
Principal bank
SPARKASSE MITTELSACHSEN, 09551 FLÖHA
Sort. code: 87052000
BIC: WELADED1FGX
Turnover: 2014 *EUR 2,520,000.00
Profit: 2013 EUR 33,129.00
further business figures:
Equipment: *EUR 135,000.00
Ac/ts receivable: EUR 1,253,364.00
Liabilities: EUR 2,459,254.00
Employees:
18
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 [%]: 14.12
Liquidity ratio: 0.51
Return on total capital [%]: 1.12
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 17.49
Liquidity ratio: 0.74
Return on total capital [%]: 2.65
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 20.45
Liquidity ratio: 0.79
Return
on total capital [%]: 4.44
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 17.06
Liquidity ratio: 0.84
Return on total capital [%]: 4.16
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 2,961,879.26
Fixed assets
EUR 553,604.02
Intangible assets
EUR 2,351.02
Tangible assets
EUR 551,252.00
Financial assets
EUR 1.00
Other / unspecified financial assets EUR 1.00
Current assets
EUR 2,399,867.04
Stocks
EUR 1,134,669.83
Accounts receivable EUR 1,253,363.72
Liquid means
EUR 11,833.49
Remaining other assets
EUR 8,408.20
Accruals (assets)
EUR 8,408.20
LIABILITIES EUR 2,961,879.26
Shareholders' equity
EUR 419,233.03
Capital
EUR 26,000.00
Subscribed capital (share capital)
EUR 26,000.00
Balance sheet profit/loss (+/-)
EUR 393,233.03
Profit / loss brought forward
EUR 360,103.95
Annual surplus / annual deficit
EUR 33,129.08
Provisions EUR 83,392.56
Liabilities
EUR 2,459,253.67
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 2,177,465.96
Fixed assets
EUR 133,190.02
Intangible assets
EUR 12,660.02
Tangible assets
EUR 120,530.00
Current assets EUR 2,030,592.06
Stocks
EUR 771,942.01
Accounts receivable
EUR 1,254,907.50
Liquid means
EUR 3,742.55
Remaining other assets
EUR 13,683.88
Accruals (assets)
EUR 13,683.88
LIABILITIES EUR 2,177,465.96
Shareholders' equity
EUR 386,103.95
Capital
EUR 26,000.00
Subscribed capital (share capital)
EUR 26,000.00
Balance sheet profit/loss (+/-)
EUR 360,103.95
Profit / loss brought forward
EUR 302,649.74
Annual surplus / annual deficit
EUR 57,454.21
Provisions
EUR 99,007.00
Liabilities
EUR 1,692,355.01
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.95 |
|
|
1 |
Rs.98.64 |
|
Euro |
1 |
Rs.69.86 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
ANK |
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 SCs
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.