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MIRA INFORM REPORT
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Report No. : |
505862 |
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Report Date : |
23.04.2018 |
IDENTIFICATION DETAILS
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Name : |
CLAUS RODENBERG WALDKONTOR GMBH |
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Registered Office : |
Schmiedekoppel 7-9, D 23847 Kastorf |
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Country : |
Germany |
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Financials (as on) : |
31.12.2015 |
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Date of Incorporation : |
18.01.1995 |
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Com. Reg. No.: |
HRB 1436 RZ |
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Legal Form : |
Private limited company |
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Line of Business : |
·
Logging ·
Services to forrestry and logging |
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No. of Employees : |
37 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
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 a large increase in 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 economic 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. The German Government introduced a minimum wage in 2015 that increased to $9.79 (8.84 euros) in January 2017.
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 2017 Germany reached a budget surplus of 0.7%. 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 during 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 largely with renewable energy, which accounted for 29.5% of gross electricity consumption in 2016, 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. Domestic consumption, investment, and exports are likely to drive German GDP growth in 2018, and the country’s budget and trade surpluses are likely to remain high.
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Source
: CIA |
Company
name and address
Report on: claus
rodenberg waldkontor gmbh
Schmiedekoppel 7-9
D 23847 Kastorf
Telephone:04501/8201-88
Telefax: 04501/8201-87
Homepage: www.waldkontor.com
E-mail:
info@waldkontor.com
Company Status: active
VAT no.:
DE181091696
Tax ID number: 22 294
30388
Company
summery
LEGAL FORM Private limited company
Date of foundation: 18.01.1995
Shareholders'
agreement: 18.01.1995
Registered on: 05.04.2000
Commercial Register: Local
court 23568 Lübeck
under: HRB 1436 RZ
Share capital: EUR 36,300.00
Shareholder:
Claus
Rodenberg
Schmiedekoppel 7-9
D 23847
Kastorf
born: 23.08.1966
Share: EUR 36,300.00
Manager:
Claus
Rodenberg
Schmiedekoppel 7-9
D 23847
Kastorf
born:
23.08.1966
Profession: graduate in forestry
Marital
status: married
Proxy:
Annette
Schulte-Rodenberg
Hafenstr. 6
D 23568
Lübeck
authorized to jointly represent the company
born:
24.09.1962
née:
Schulte
Proxy:
Constanze Behm
D 23847
Kastorf
authorized to jointly represent the company
born: 29.08.1967
Proxy:
Matthias Bandt
D 18276
Reimershagen
authorized to jointly represent the company
born:
11.12.1969
Proxy:
Ugur
Islamoglu
D 20095 Hamburg
authorized to jointly represent the company
born:
07.01.1985
Marital
status: unknown
Proxy:
Jan
Bergeest
D 23812
Wahlstedt
authorized to jointly represent the company
born:
22.05.1971
Further functions/participations of Claus Rodenberg (Manager)
Limited partner:
MS
Reeperbahn Schifffahrts GmbH & Co. KG
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 50,000.00
contribution:
Share: EUR 25,000.00
Registered
on: 26.06.2014
Reg.
data: 23568 Lübeck, HRA 7764 HL
Shareholder:
Holzwerk Behringen GmbH
Kleine
Wiese 1 OT
Wolfsbehringen
D 99820
Hörselberg-Hainich
Legal
form: Private limited company
Share
capital: EUR 600,000.00
Share: EUR 150,000.00
Registered
on: 15.12.2003
Reg.
data: 07745 Jena, HRB 405884
Shareholder:
Claus Rodenberg Forst- und
Landschaftspflege
GmbH
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Share
capital: EUR 156,000.00
Share: EUR 52,000.00
Registered
on: 04.03.1998
Reg.
data: 23568 Lübeck, HRB 1361 RZ
Shareholder:
claus rodenberg Schiffs- Beteiligungs GmbH
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 23.06.2014
Reg.
data: 23568 Lübeck, HRB 14021 HL
Manager:
claus rodenberg
shipmanagement gmbh
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 09.03.2015
Reg.
data: 23568 Lübeck, HRB 14714 HL
Manager:
Holzwerk Behringen GmbH
Kleine
Wiese 1 OT
Wolfsbehringen
D 99820 Hörselberg-Hainich
Legal
form: Private limited company
Share
capital: EUR 600,000.00
Registered
on: 15.12.2003
Reg. data: 07745 Jena, HRB 405884
Manager:
Claus
Rodenberg Forst- und Landschaftspflege
GmbH
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Share
capital: EUR 156,000.00
Registered
on: 04.03.1998
Reg.
data: 23568 Lübeck, HRB 1361 RZ
Manager:
claus rodenberg
Schiffs- Beteiligungs GmbH
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 23.06.2014
Reg.
data: 23568 Lübeck, HRB 14021 HL
Manager:
Claus
Rodenberg Transporte GmbH i.Gr.
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: General report
Manager:
claus
rodenberg transporte gmbh
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Share capital: EUR 50,000.00
Registered
on: 02.02.2010
Reg.
data: 23568 Lübeck, HRB 9826 HL
Manager:
Bergmann & Rodenberg Forst GmbH
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Share
capital: EUR 50,000.00
Registered
on: 28.12.2010
Reg.
data: 23568 Lübeck, HRB 10689 HL
Manager:
claus
rodenberg port logistic gmbh
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 22.03.2011
Reg.
data: 23568 Lübeck, HRB 10931 HL
COMPANY
HISTORY
company name and legal form
20.04.2000 - 23.09.2002
claro Waldkontor Nord GmbH
Schmiedekoppel 7-9
D
23847 Kastorf
Private limited company
31.01.1998 - 19.04.2000
Waldkontor Nord GmbH
Am Forsthof 1
D
17159 Dargun
Private limited company
18.01.1995 - 30.01.1998
CLARO Gesellschaft für Forst- und
Landschaftspflege in Vorpommern GmbH
Am Forsthof 1
D
17159 Dargun
Private limited company
BUSINESS
ACTIVITIES
Main industrial sector
02200 Logging
Secondary industrial sector
02400 Services to
forrestry and logging
PARTICIPATIONS
Shareholder:
Bergmann & Rodenberg Forst GmbH
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Company
Status: active
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg.
data: 28.12.2010
Local court 23568 Lübeck
HRB 10689 HL
Shareholder:
claus
rodenberg transporte gmbh
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Company
Status: active
Share
capital: EUR 50,000.00
Share: EUR 50,000.00
Reg.
data: 02.02.2010
Local court 23568 Lübeck
HRB 9826 HL
Shareholder:
claus
rodenberg port logistic gmbh
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 22.03.2011
Local court 23568 Lübeck
HRB 10931 HL
Shareholder:
claus
rodenberg shipmanagement gmbh
Schmiedekoppel 7-9
D 23847
Kastorf
Legal
form: Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 09.03.2015
Local court 23568 Lübeck
HRB 14714 HL
FINANCIAL
INFORMATION
Payment experience: No Complaints
Negative information:We have no negative information at hand.
Balance sheet year: 2015
REAL
ESTATE
Type of ownership: Tenant
Address
Schmiedekoppel 7-9
D 23847
Kastorf
Real Estate of: Claus
Rodenberg
Type of ownership:
proprietor
Share: 100.00
%
Address
Hauptstr. 99
D 23847
Kastorf
Land register documents were not available.
BANKERS
Principal bank
UNICREDIT BANK - HYPOVEREINSBANK, 25421 PINNEBERG
Sort. code: 20030000, Account no.: 11000638
BIC: HYVEDEMM300, IBAN: DE68200300000011000638
FINANCIAL
FIGURES
Gross profit or loss:2015 EUR 4,105,474.00
2016 EUR 4,200,000.00
Profit:
2015 EUR 940,395.00
further business figures:
Equipment:
EUR 1,191,366.00
Ac/ts receivable: EUR 4,902,875.00
Liabilities: EUR 1,938,006.00
Total numbers of vehicles: 11
- Lorries: 11
Employees:
37
- thereof permanent staff: 35
- Trainees:
2
BALANCE
SHEETS
Balance sheet ratios 01.01.2015 - 31.12.2015
Equity ratio [%]:
73.38
Liquidity ratio:
10.00
Return on total capital [%]:
7.94
Balance sheet ratios 01.01.2014 - 31.12.2014
Equity ratio [%]:
64.44
Liquidity ratio:
10.00
Return on total capital [%]:
10.17
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]:
51.89
Liquidity ratio:
7.75
Return on total capital [%]:
8.73
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]:
61.20
Liquidity ratio:
10.00
Return on total capital [%]:
6.84
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.
Financial
Type of balance
sheet: Company
balance sheet
Origin of the present
balance sheet:
electronic German Federal Gazette
Financial year: 01.01.2015 - 31.12.2015
ASSETS EUR 12,040,310.93
Fixed assets EUR 1,346,369.55
Intangible assets EUR 3.98
Concessions, licences,
rights EUR 3.98
Tangible assets EUR 1,191,365.57
Other tangible assets /
fixtures and
fittings EUR 1,191,365.57
Financial assets EUR 155,000.00
Securities included in
fixed assets EUR 155,000.00
Current assets EUR 10,644,948.23
Stocks EUR 2,688,975.59
Advance payments
made EUR
2,688,975.59
Accounts receivable EUR 4,902,874.66
Other debtors and
assets EUR 4,902,874.66
Liquid means EUR 3,053,097.98
Remaining other assets EUR 48,993.15
Accruals (assets) EUR 48,993.15
LIABILITIES EUR 12,040,310.93
Shareholders' equity EUR 8,888,479.87
Capital EUR 36,300.00
Subscribed capital (share
capital) EUR 36,300.00
Reserves EUR 261.60
Retained earnings /
revenue reserves EUR
261.60
Balance sheet profit/loss
(+/-) EUR 8,851,918.27
Profit / loss brought
forward EUR 7,911,523.40
Annual surplus / annual
deficit EUR 940,394.87
Provisions EUR 1,213,824.68
Provisions for taxes EUR 226,397.48
Other / unspecified
provisions EUR 987,427.20
Liabilities EUR 1,938,006.38
Other liabilities EUR 1,938,006.38
Trade creditors (for IAS
incl. bills
of exchange) EUR 1,322,120.84
Liabililties due to
related companiesEUR
237,972.78
Unspecified other
liabilities EUR 377,912.76
thereof liabilities from
tax /
financial
authorities EUR 318,051.04
thereof liabilities from
social
security EUR 11,901.86
PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Gross result (+/-) EUR 4,105,474.37
Staff expenses EUR 1,692,704.04
Wages and salaries EUR 1,429,830.26
Social security
contributions and
expenses for pension plans
and
benefits EUR 262,873.78
Total depreciation EUR 63,602.10
Depreciation on tangible /
intangible
asssets (incl. start-up
and exp. of
bus. EUR 63,602.10
Other operating
expenses EUR 1,073,745.38
Operating result from
continuing
operations EUR 1,275,422.85
Interest result (+/-) EUR
56,988.02
Interest and similar
income EUR 58,361.61
thereof from related
companies EUR 51,525.12
Interest and similar
expenses EUR 1,373.59
Other financial result EUR -25,000.00
Depreciation on financial
assets and
marketable securities EUR 25,000.00
Financial result (+/-) EUR 31,988.02
Result from ordinary
operations (+/-) EUR 1,307,410.87
Income tax / refund of
income tax (+/-)EUR -359,058.45
Other taxes / refund of
taxes EUR -7,957.55
Tax (+/-) EUR -367,016.00
Annual surplus / annual
deficit EUR 940,394.87
Type of balance
sheet: Company
balance sheet
Origin of the present
balance sheet:
electronic German Federal Gazette
Financial year:
01.01.2014 - 31.12.2014
ASSETS EUR 12,887,237.02
Fixed assets EUR 1,334,136.14
Intangible assets EUR 3.98
Concessions, licences,
rights EUR 3.98
Tangible assets EUR 1,179,132.16
Land / similar
rights EUR 1,021,545.52
Plant / machinery EUR 1.00
Other tangible assets /
fixtures and
fittings EUR 157,585.64
Financial assets EUR 155,000.00
Shares in participations
/
subsidiaries and the
like EUR 130,000.00
Shares in investee
companies EUR 130,000.00
Other loans EUR 25,000.00
Current assets EUR 11,547,723.04
Stocks EUR 2,182,034.40
Accounts receivable EUR 5,513,278.92
Liquid means EUR 3,852,409.72
Remaining other assets EUR 5,377.84
Accruals (assets) EUR 5,377.84
LIABILITIES EUR 12,887,237.02
Shareholders' equity EUR 8,448,085.00
Capital EUR 36,300.00
Subscribed capital (share
capital) EUR 36,300.00
Reserves EUR 261.60
Retained earnings /
revenue reserves EUR
261.60
Balance sheet profit/loss
(+/-) EUR 8,411,523.40
Profit / loss brought
forward EUR 6,254,374.67
Annual surplus / annual
deficit EUR 2,157,148.73
Provisions EUR 1,819,211.26
Provisions for taxes EUR 433,164.97
Other / unspecified
provisions EUR 1,386,046.29
Liabilities EUR 2,619,940.76
Guarantees and other
commitments EUR 1,634,000.00
Guarantees /
warranties EUR 1,485,000.00
Guarantees EUR 1,485,000.00
Letters of support EUR 149,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Gross result (+/-) EUR 4,302,721.20
Staff expenses EUR 1,590,187.22
Wages and salaries EUR 1,330,591.67
Social security
contributions and
expenses for pension plans
and
benefits EUR 259,595.55
Total depreciation EUR 69,697.44
Depreciation on tangible /
intangible
asssets (incl. start-up
and exp. of
bus. EUR 69,697.44
Other operating
expenses EUR 598,329.51
Operating result from
continuing
operations EUR 2,044,507.03
Interest result (+/-) EUR 45,504.39
Interest and similar
income EUR 45,504.39
thereof from related
companies EUR 9,756.13
Financial result (+/-) EUR 45,504.39
Result from ordinary
operations (+/-) EUR 2,090,011.42
Extraordinary income EUR 887,113.58
Extraordinary result
(+/-) EUR 887,113.58
Income tax / refund of
income tax (+/-)EUR -810,104.48
Other taxes / refund of
taxes EUR -9,871.79
Tax (+/-) EUR -819,976.27
Annual surplus / annual
deficit EUR 2,157,148.73
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 66.02 |
|
|
1 |
INR 92.73 |
|
Euro |
1 |
INR 81.46 |
|
Euro |
1 |
INR 81.24 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
|
|
|
|
Report Prepared
by : |
KET |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.