|
Report No. : |
348577 |
|
Report Date : |
19.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
DILO SYSTEMS GMBH |
|
|
|
|
Registered Office : |
Seestr. 62, D 82229 Seefeld |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
04.12.2002 |
|
|
|
|
Com. Reg. No.: |
HRB 145787 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
· Manufacture of other special-purpose machinery · Wholesale of other machinery, equipment and supplies ·
Engineering
activities in the field of technical sectoral planning andengineering design |
|
|
|
|
No. of Employees : |
Not Available |
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 |
|
Payment Behaviour : |
Slow but correct |
|
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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, 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 5.2% 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. The German economy suffers
from low levels of investment, and a government plan to invest 15 billion euros
2016-18, largely in infrastructure, is intended to spur needed private
investment. 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 accounted
for 27.8% of gross electricity consumption in 2014, 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. Extremely low inflation, caused largely by low global energy prices
and a weak euro, are expected to boost German GDP growth in 2015.
|
Source
: CIA |
Your inquiry: DILO SYSTEM GMBH, Im Hohenend
11, D 69412 Eberbach
The
subject of your inquiry is a branch. We are reporting on the headquarters.
DILO SYSTEMS GMBH
Company Status: active
Seestr. 62
D 82229 Seefeld
Telephone:06271/9400
Telefax:
06271/71142
E-mail:
info@dilo.de
VAT
no.: DE264377609
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 04.12.2002
Shareholders'
agreement: 04.12.2002
Registered on: 16.12.2002
Commercial
Register: Local court 80333 München
under: HRB 145787
Share capital: EUR 25,000.00
Shareholder:
Richard Dilo GmbH &
Co. KG
Im Hohenend 11
D 69412 Eberbach
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 25,000.00
contribution:
Share: EUR 25,000.00
Registered on: 22.01.2014
Reg. data: 68159
Mannheim, HRA 705407
Manager:
Johann Philipp Dilo
An der Itterbrücke 3
D 69412 Eberbach
having sole power of
representation
born: 22.07.1953
Profession: graduate
engineer
Marital status: married
Proxy:
Ulrich Frey
D 69412 Eberbach
having sole power of
representation
born: 05.07.1944
Proxy:
Dr. Peter Heesch
D 69118 Heidelberg
having sole power of
representation
born: 15.12.1951
Proxy:
Dr. Gunnar Hemmer
Im Mittel 33
D 74821 Mosbach
authorized to jointly
represent the company
born: 16.10.1970
Marital status: unknown
Further functions/participations of Johann
Philipp Dilo (Manager)
General partner:
Oskar Dilo,
Maschinenfabrik,
Kommanditgesellschaft
Im Hohenend 11
D 69412 Eberbach
Post Box:
15 51, D 69405 Eberbach
Legal form: Limited
partnership
Total cap. EUR 139,071.39
contribution:
Registered
on: 25.05.1956
Reg. data: 68159 Mannheim, HRA 332016
Shareholder:
Dilo
Beteiligungsgesellschaft m.b.H.
Seestr. 62
D 82229 Seefeld
Legal form: Private
limited company
Share capital: EUR 100,000.00
Share: EUR 70,000.00
Registered
on: 12.01.1999
Reg. data: 80333 München, HRB 123774
Manager:
DG Engineering GmbH
Bernhardtring 2
D 28777 Bremen
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 08.12.2010
Reg. data: 28195 Bremen, HRB 26755 HB
Manager:
Spinnbau GmbH
Bernhardtring 2
D 28777 Bremen
Post Box:
71 03 60, D 28763 Bremen
Legal form: Private
limited company
Share capital: EUR 2,600,000.00
Registered
on: 21.07.1981
Reg. data: 28195 Bremen, HRB 8887 HB
Manager:
Dilo
Beteiligungsgesellschaft m.b.H.
Seestr. 62
D 82229 Seefeld
Legal form: Private
limited company
Share capital: EUR 100,000.00
Registered
on: 12.01.1999
Reg. data: 80333 München, HRB 123774
Manager:
Dilo Machines GmbH
Im Hohenend 11
D 69412 Eberbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 01.04.2009
Reg. data: 68159 Mannheim, HRB 706435
Manager:
Richard Dilo Verwaltungs
GmbH
Im Hohenend 11
D 69412 Eberbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 17.01.2014
Reg. data: 68159 Mannheim, HRB 718677
16.12.2002 - 14.04.2009 Dilo Grundstücks-Verwaltungs-GmbH
Seestr. 62
D 82229 Seefeld
Private limited
company
Main industrial sector
2899
Manufacture of other special-purpose machinery n.e.c.
4669
Wholesale of other machinery, equipment and supplies
71122
Engineering activities in the field of technical sectoral planning
andengineering design
Branch:
Dilo Systems GmbH
Im Hohenend 11
D 69412 Eberbach
TEL.: 06271/9400
FAX.: 06271/71142
Payment experience: Slow but correct
Negative information: We have no negative
information at hand.
Balance sheet year: 2013
PMI: No significant / relevant
payment experience
information pertaining to
the company
inquired upon is shown in
the Deutscher
Debitoren Monitor
(DDMonitor).
Type of ownership: Tenant
Address Seestr. 62
D 82229 Seefeld
Real Estate of: Johann Philipp Dilo
Type of ownership: proprietor
Share: 100.00 %
Address An der Itterbrücke 3
D 69412 Eberbach
Land register documents were not available.
A
bank connection is unknown.
Gross profit or loss:2013 EUR 8,170,575.00
Profit: 2013 EUR 249,724.00
Equipment: EUR 31,962.00
Ac/ts receivable: EUR 13,955,051.00
Liabilities: EUR 10,971,021.00
No
full-time employees are employed.
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 8.13
Liquidity ratio: 1.29
Return on total capital [%]: 1.76
Balance
sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 5.63
Liquidity ratio: 1.28
Return on total capital [%]: 6.97
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 4.16
Liquidity ratio: 1.22
Return on total capital [%]: 3.67
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 0.67
Liquidity ratio: 1.18
Return on total capital [%]: 0.11
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
Origin of the present
balance
sheet: electronic German Federal
Gazette
Financial year: 01.01.2013 - 31.12.2013
ASSETS EUR 14,160,924.54
Fixed assets
EUR 31,962.00
Tangible assets EUR 31,962.00
Current assets
EUR 14,088,898.72
Accounts receivable
EUR 13,955,050.77
Liquid means
EUR 133,847.95
Remaining other assets
EUR 40,063.82
Accruals (assets)
EUR 40,063.82
LIABILITIES EUR 14,160,924.54
Shareholders' equity
EUR 1,151,762.69
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Balance sheet profit/loss (+/-)
EUR 1,126,762.69
Balance sheet profit / loss
EUR 1,126,762.69
Provisions
EUR 2,037,883.80
Liabilities
EUR 10,971,021.05
Other liabilities
EUR 257.00
Deferred taxes (not included under
provisions/liabilities)
EUR 257.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 8,170,574.94
Staff expenses
EUR 164,419.13
Wages and salaries
EUR 156,477.01
Social security contributions and
expenses for pension plans and
benefits
EUR 7,942.12
Total depreciation EUR 6,052.25
Other operating expenses
EUR 7,259,205.11
Operating result from continuing
operations
EUR 740,898.45
Interest result (+/-)
EUR -359,663.72
Interest and similar income
EUR 7.08
Interest and similar expenses
EUR 359,670.80
Financial result (+/-)
EUR -359,663.72
Result from ordinary operations (+/-)
EUR 381,234.73
Extraordinary result (+/-)
EUR -21,821.80
Income tax / refund of income tax (+/-)EUR -109,374.82
Other taxes / refund of taxes
EUR -313.98
Tax
(+/-) EUR -109,688.80
Annual surplus / annual deficit
EUR 249,724.13
Type
of balance
sheet: Company balance sheet
Origin of the present
balance sheet: electronic German Federal Gazette
Financial
year: 01.01.2012 - 31.12.2012
ASSETS EUR 16,021,786.28
Fixed assets
EUR 38,014.25
Tangible assets
EUR 38,014.25
Current assets
EUR 15,940,411.92
Accounts receivable
EUR 15,798,544.57
Liquid means
EUR 141,867.35
Remaining other assets
EUR 43,360.11
Accruals (assets)
EUR 43,360.11
LIABILITIES EUR 16,021,786.28
Shareholders' equity
EUR 902,038.56
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Balance sheet profit/loss (+/-)
EUR 877,038.56
Balance sheet profit / loss
EUR 877,038.56
Provisions
EUR 2,567,033.40
Liabilities
EUR 12,503,356.32
Other liabilities
EUR 49,358.00
Deferred taxes (not included under
provisions/liabilities)
EUR 49,358.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 4,980,617.02
Staff expenses
EUR 120,173.99
Wages and salaries EUR 118,431.51
Social security contributions and
expenses for pension plans and
benefits
EUR 1,742.48
Total depreciation
EUR 1,447.43
Other
operating expenses EUR 3,338,905.05
Operating result from continuing
operations
EUR 1,520,090.55
Interest result (+/-)
EUR -257,255.57
Interest and similar income
EUR 4,858.57
Interest and similar expenses
EUR 262,114.14
Financial result (+/-)
EUR -257,255.57
Result from ordinary operations (+/-)
EUR 1,262,834.98
Extraordinary expenses
EUR 760,000.00
Extraordinary result (+/-)
EUR -760,000.00
Income tax / refund of income tax (+/-)EUR -145,981.09
Tax
(+/-)
EUR -145,981.09
Annual surplus / annual deficit
EUR 356,853.89
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.11 |
|
|
1 |
Rs.100.51 |
|
Euro |
1 |
Rs.70.39 |
INFORMATION DETAILS
|
Analysis Done by
: |
HEE |
|
|
|
|
Report Prepared
by : |
TPT |
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.