|
Report No. : |
343287 |
|
Report Date : |
30.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
RÖDER HTS HÖCKER
GMBH |
|
|
|
|
Registered Office : |
Hinter der Schlagmühle 1, D 63699
Kefenrod |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
16.06.1990 |
|
|
|
|
Com. Reg. No.: |
HRB 6517 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
·
Manufacture
of made-up textiles (except apparel) · Wholesale of other equipment and accessories for machinery and technical supplies ·
Manufacture
and distribution of tents. |
|
|
|
|
No. of Employees : |
156 |
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 |
|
Payment Behaviour : |
No Complaints |
|
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 |
RÖDER HTS HÖCKER GMBH
Company Status: active
Hinter der Schlagmühle 1
D 63699 Kefenrod
Telephone:06049/95100
Telefax: 06049/951020
Homepage: www.roederhts.com
E-mail:
verkauf@roeder-hts.de
VAT no.:
DE150113757
Tax
ID number: 020 242 70466
Business relations are permissible.
LEGAL FORM
Private limited company
Date of foundation: 16.06.1990
Shareholders'
agreement: 16.06.1990
Registered on: 12.11.2007
Commercial Register: Local court 61169
Friedberg
under: HRB 6517
Share capital: EUR 3,051,150.00
Shareholder:
Wilhelm Martin Röder
Am Kaspersberg 50
D 63654 Büdingen
born: 01.03.1985
Share: EUR 1,374,275.00
Shareholder:
Elisabeth Maria Röder
Am Kaspersberg 50
D 63654 Büdingen
born: 21.08.1988
Share: EUR 1,374,275.00
Shareholder:
Heinz Röder
Am
Kaspersberg 50
D 63654 Büdingen
born: 14.05.1942
Share:
EUR 152,600.00
Shareholder:
Röder HTS Höcker GmbH
Hinter der Schlagmühle 1
D 63699 Kefenrod
Legal form: Private
limited company
Share capital: EUR 3,051,150.00
Share: EUR 60,000.00
Registered on: 12.11.2007
Reg. data: 61169
Friedberg, HRB 6517
Shareholder:
Markus Wiegand
Bornweg 16
D 63699 Kefenrod
born: 15.12.1972
Share: EUR 45,000.00
Shareholder:
Giles Edward Hill
10 Hillside Mews
GB
Woking
born: 08.08.1973
Share: EUR 45,000.00
Manager:
Heinz Röder
Am Kaspersberg 50
D 63654 Büdingen
having sole power of
representation
born: 14.05.1942
Profession: Businessman
Marital status: unknown
Manager:
Wilhelm Martin Röder
Am Kaspersberg 50
D 63654 Büdingen
having sole power of
representation
born:
01.03.1985
Manager:
Rolf Schulz
In der Wolbig 1
D 63654 Büdingen
authorized to jointly
represent the company
born: 28.02.1956
Profession: Businessman
Marital status: unknown
Manager:
Markus Wiegand
Bornweg 16
D 63699 Kefenrod
authorized to jointly represent the company
born: 15.12.1972
Profession: Mechanical
engineer
Marital status:
unknown
Manager:
Giles Hill
GB Woking Surrey Ashdown Close
authorized to jointly
represent the company
born: 03.08.1973
Profession: Businessman
Nationality: British
Marital status: unknown
Manager:
Christoph Littner
F Mommenheim
authorized to jointly represent
the company
born: 19.07.1968
Profession: Businessman
Nationality: French
Marital status: unknown
Further functions/participations of Heinz
Röder (Manager)
Manager:
Thüringer Bauholding GmbH
Am Kaspersberg 50
D 63654 Büdingen
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 02.04.2015
Reg.
data: 61169 Friedberg, HRB 8076
Manager:
Höcker GmbH
Hinter der Schlagmühle 1
D 63699 Kefenrod
Legal form: Private
limited company
Share capital: EUR 25,600.00
Registered
on: 26.04.1995
Reg. data: 61169 Friedberg, HRB 3548
Manager:
HTS Industriebau GmbH
Am Wickenstein 4
D 63699 Kefenrod
Legal form: Private
limited company
Share capital: EUR
3,000,000.00
Registered
on: 27.03.2013
Reg.
data: 61169 Friedberg, HRB 7619
Manager:
Röder Verwaltungs GmbH
Schweriner Str. 44
D 01067 Dresden
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 01.12.1992
Reg. data: 01069 Dresden, HRB 5773
Manager:
Excellent Structures
& Service GmbH
Am Wickenstein 4
D 63699 Kefenrod
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Registered
on: 27.04.2015
Reg. data: 61169 Friedberg, HRB 8098
Further functions/participations of Wilhelm Martin
Röder
(Manager)
Shareholder:
HTS Industriebau GmbH
Am Wickenstein 4
D 63699 Kefenrod
Legal form: Private
limited company
Share capital: EUR
3,000,000.00
Share: EUR 1,500,000.00
Registered
on: 27.03.2013
Reg. data: 61169 Friedberg, HRB 7619
Shareholder:
Röder Verwaltungs
GmbH
Schweriner Str. 44
D 01067 Dresden
Legal form: Private
limited company
Share capital: EUR 25,564.59
Share: EUR 12,782.30
Registered
on: 01.12.1992
Reg. data: 01069 Dresden, HRB 5773
Manager:
HTS Industriebau GmbH
Am Wickenstein 4
D 63699 Kefenrod
Legal form: Private
limited company
Share capital: EUR 3,000,000.00
Registered
on: 27.03.2013
Reg. data: 61169 Friedberg, HRB 7619
Manager:
Excellent Structures
& Service GmbH
Am Wickenstein 4
D 63699 Kefenrod
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Registered
on: 27.04.2015
Reg. data: 61169 Friedberg, HRB 8098
18.09.1995 - 01.02.2000 Thüringer Export-Import GmbH
Juri-Gagarin-Ring
152
D 99084 Erfurt
Private limited
company
01.02.2000 - 09.05.2000 HTT High Tec Tents GmbH
Juri-Gagarin-Ring 152
D 99084 Erfurt
Private limited
company
09.05.2000 - 20.06.2002 HTS High Tech Structures GmbH
Juri-Gagarin-Ring 152
D 99084 Erfurt
Private limited
company
20.06.2002 - 08.11.2004 Röder HTS - High Tech Structures GmbH
Juri-Gagarin-Ring 152
D 99084 Erfurt
Private limited
company
08.11.2004
- 12.11.2007 Röder HTS Höcker GmbH
Juri-Gagarin-Ring 152
D 99084 Erfurt
Private limited
company
Main industrial sector
13920
Manufacture of made-up textiles (except apparel)
Secondary industrial sector
46693
Wholesale of other equipment and accessories for machinery and technical
supplies
Manufacture and distribution of tents.
Shareholder:
Excellent Structures
& Service GmbH
Am Wickenstein 4
D 63699 Kefenrod
Legal form: Private
limited company
Company Status: active
Share capital: EUR 1,000,000.00
Share: EUR 900,000.00
Reg. data: 27.04.2015
Local court
61169 Friedberg
HRB 8098
Shareholder:
Röder HTS Höcker GmbH
Hinter der Schlagmühle 1
D 63699 Kefenrod
Legal form: Private
limited company
Company Status: active
Share capital: EUR 3,051,150.00
Share: EUR 60,000.00
Reg. data: 12.11.2007
Local court
61169 Friedberg
HRB 6517
Payment experience: cash discount/within agreed terms
Negative information: We have no negative
information at hand.
Type of ownership: Tenant
Address Hinter der Schlagmühle 1
D 63699 Kefenrod
Land register documents were not available.
Principal bank
COMMERZBANK, 35348 GIEßEN, LAHN
Sort. code: 51340013
BIC: COBADEFFXXX
Further banks
SPARKASSE OBERHESSEN, 63654 BÜDINGEN, HESS
Sort. code: 51850079
BIC:
HELADEF1FRI
SPARKASSE OBERHESSEN, 63688 GEDERN
Sort. code: 51850079
BIC: HELADEF1FRI
COMMERZBANK VORMALS DRESDNER BANK, 35332
GIEßEN, LAHN
Sort. code: 51380040
BIC: DRESDEFF513
SPARKASSE MITTELTHÜRINGEN, 99084 ERFURT
Sort. code: 82051000
BIC: HELADEF1WEM
Turnover: 2013 EUR 66,494,876.00
Profit: 2013 EUR 8,731,548.00
Equipment: EUR 968,074.00
Ac/ts receivable: EUR 13,521,235.00
Liabilities: EUR 5,093,665.00
Employees:
156
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 84.55
Liquidity ratio: 10.00
Return on total capital [%]: 14.35
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 81.04
Liquidity ratio: 10.00
Return on total capital [%]: 23.48
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 79.09
Liquidity ratio: 10.00
Return on total capital [%]: 18.70
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 74.26
Liquidity ratio: 10.00
Return on total capital [%]: 20.85
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 61,031,727.42
Fixed assets EUR 30,283,573.79
Intangible assets EUR 236,219.79
Internally generated industrial
property rights and similar rights
and assets EUR 78,437.27
Goodwill EUR 157,782.52
Tangible assets EUR 2,575,974.11
Land / similar rights EUR 193,325.91
Plant / machinery EUR 1,356,623.55
Other tangible assets / fixtures and
fittings EUR 968,074.31
Advance payments made / construction
in progress EUR 57,950.34
Financial assets EUR 27,471,379.89
Shares in participations /
subsidiaries and the like EUR 560,351.99
Shares in related companies EUR 560,351.99
Securities included in fixed assets
EUR 26,911,027.90
Current assets EUR 30,725,269.45
Stocks EUR 12,073,438.43
Raw materials, consumables and
supplies EUR 5,821,268.95
Finished goods / work in progress EUR
6,174,399.71
Advance payments made EUR 77,769.77
Accounts receivable EUR 13,521,234.85
Trade debtors EUR 10,331,165.16
Amounts due from related companies EUR 362,913.67
Other debtors and assets EUR 2,827,156.02
Liquid means EUR 5,130,596.17
Remaining other assets EUR 22,884.18
Accruals (assets) EUR 22,884.18
LIABILITIES EUR 61,031,727.42
Shareholders' equity EUR 51,632,479.65
Capital EUR 3,023,150.00
Subscribed capital (share capital) EUR
3,051,150.00
Other capital EUR -28,000.00
Reserves EUR
214,000.00
thereof for own shares EUR 28,000.00
Capital reserves EUR 186,000.00
Other / unspecified reserves EUR 28,000.00
Balance sheet profit/loss (+/-) EUR 48,395,329.65
Profit / loss brought forward EUR 39,663,781.87
Annual surplus / annual deficit EUR 8,731,547.78
Provisions EUR 4,305,582.67
Provisions for taxes EUR 483,093.00
Other / unspecified provisions EUR 3,822,489.67
Liabilities EUR 5,093,665.10
Other liabilities EUR 5,093,665.10
Trade
creditors (for IAS incl. bills
of exchange) EUR 2,714,927.96
Liabilities from received advance
payments EUR 1,933,238.41
Unspecified other liabilities EUR
445,498.73
thereof liabilities from tax /
financial authorities EUR 87,000.00
thereof liabilities from social
security EUR 0.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 66,494,875.58
Inventory change + own costs (+/-) EUR 1,698,961.06
Inventory change (+/-) EUR 1,698,961.06
Other operating income EUR 5,397,068.25
Cost of materials EUR 40,637,829.96
Raw materials and supplies, purchased
goods EUR 34,794,107.33
Purchased services EUR 5,843,722.63
Gross result (+/-) EUR 32,953,074.93
Staff expenses EUR 8,305,275.60
Wages and salaries EUR 7,195,057.20
Social security contributions and
expenses for pension plans and
benefits EUR 1,110,218.40
Total depreciation EUR 539,233.82
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 539,233.82
Other operating expenses EUR 12,568,017.48
Operating result from continuing
operations EUR 11,540,548.03
Interest result (+/-) EUR 774,205.55
Interest and similar income EUR 775,260.05
Interest and similar expenses EUR 1,054.50
Other financial result EUR -440,690.14
Depreciation on financial assets and
marketable securities EUR 440,690.14
Financial result (+/-) EUR 333,515.41
Result from ordinary operations (+/-) EUR
11,874,063.44
Income tax / refund of income tax
(+/-)EUR -3,121,445.04
Other taxes / refund of taxes EUR -21,070.62
Tax (+/-) EUR -3,142,515.66
Annual surplus / annual deficit EUR 8,731,547.78
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 59,875,613.71
Fixed assets EUR 7,597,383.32
Intangible assets EUR 225,195.68
Concessions, licences, rights EUR 14,072.75
Goodwill EUR 211,122.93
Tangible assets EUR 2,501,467.01
Land / similar rights EUR 183,189.00
Plant / machinery EUR 1,548,538.39
Other tangible assets / fixtures and
fittings EUR 746,548.85
Advance payments made / construction
in progress EUR 23,190.77
Financial assets EUR 4,870,720.63
Securities included in fixed assets EUR
4,870,720.63
Current assets EUR 52,258,175.56
Stocks EUR 9,968,144.73
Raw materials, consumables and
supplies EUR 5,167,327.89
Finished goods / work in progress EUR
4,475,438.65
Advance payments made EUR 325,378.19
Accounts receivable EUR 26,258,081.51
Trade debtors EUR 24,788,933.49
Other debtors and assets EUR 1,469,148.02
Liquid means EUR 16,031,949.32
Remaining other assets EUR 20,054.83
Accruals (assets) EUR 20,054.83
LIABILITIES EUR 59,875,613.71
Shareholders' equity EUR 42,981,483.15
Capital EUR 3,023,150.00
Subscribed capital (share capital) EUR
3,051,150.00
Other capital EUR -28,000.00
Reserves EUR 214,000.00
thereof for own shares EUR 28,000.00
Capital reserves EUR 186,000.00
Other / unspecified reserves EUR 28,000.00
Balance sheet profit/loss (+/-) EUR 39,744,333.15
Profit / loss brought forward EUR 25,756,876.40
Annual surplus / annual deficit EUR 13,987,456.75
Provisions EUR 7,216,000.86
Provisions for taxes EUR 2,404,259.04
Other / unspecified provisions EUR 4,811,741.82
Liabilities EUR 9,552,129.70
Other liabilities EUR 9,552,129.70
Trade creditors (for IAS incl. bills
of exchange) EUR 2,594,798.51
Liabilities from received advance
payments EUR 730,583.50
Unspecified other liabilities EUR 6,226,747.69
thereof liabilities from tax /
financial authorities EUR 60,000.00
thereof liabilities from social
security EUR 0.00
Other liabilities EUR 126,000.00
Deferred taxes (not included under
provisions/liabilities) EUR 126,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 123,764,187.54
Inventory change + own costs (+/-) EUR 2,042,254.58
Inventory change (+/-) EUR 2,042,254.58
Other operating income EUR 2,692,378.57
Cost of materials EUR 83,681,687.85
Raw materials and supplies, purchased
goods EUR 77,766,271.82
Purchased services EUR 5,915,416.03
Gross result (+/-) EUR 44,817,132.84
Staff expenses EUR 7,550,622.43
Wages and salaries EUR 6,626,577.31
Social security contributions and
expenses for pension plans and
benefits EUR 924,045.12
Total depreciation EUR 527,250.64
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 527,250.64
Other operating expenses EUR 17,000,792.01
Operating result from continuing
operations EUR 19,738,467.76
Interest result (+/-) EUR 336,427.63
Interest and similar income EUR 480,621.59
Interest and similar expenses EUR 144,193.96
Other financial result EUR -68,421.57
Depreciation on financial assets and
marketable securities EUR 68,421.57
Financial result (+/-) EUR 268,006.06
Result from ordinary operations (+/-) EUR
20,006,473.82
Income tax / refund of income tax
(+/-)EUR -6,001,215.92
Other taxes / refund of taxes EUR -17,801.15
Tax (+/-) EUR -6,019,017.07
Annual surplus / annual deficit
EUR 13,987,456.75
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.18 |
|
|
1 |
Rs.100.46 |
|
Euro |
1 |
Rs.74.61 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
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.