MIPL-Logo

3decades

 

MIRA INFORM REPORT

 

 

Report No. :

492386

Report Date :

20.02.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

GOYER GMBH

 

 

Registered Office :

Genthiner Str. 102, D 14774 Brandenburg

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

25.07.1995

 

 

Com. Reg. No.:

HRB 9238 P

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

·         Retail sale of periodicals, newspapers, stationery and office supplies

·         Retail sale of games and toys

 

 

No. of Employees :

1

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

B

 

Credit Rating

 

Explanation

Rating Comments

B

Medium Risk

Business dealings permissible on a regular monitoring basis

 

Status :

Moderate

 

 

Payment Behaviour :

Slow

 

 

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

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

Germany

A1

A1

 

Risk Category

 

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

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 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, bolstered by low energy prices and a weak euro, and exports are likely to drive German GDP growth again in 2018.

 

Source : CIA

 

 


Company name & address

 

GOYER GMBH

 

Company Status:          active

                                    Genthiner Str. 102

                                    D 14774 Brandenburg

                                    Telephone:03381/403179

                                    Telefax:  03381/403179

                                    Homepage: www.goyer-schreibwaren.com

                                    E-mail:   schreibwarengoyer@t-online.de

 

Tax ID number:       048/109/00585

 

LEGAL FORM           Private Limited Company

Date of foundation:  25.07.1995

Shareholders'

agreement:           25.07.1995

Registered on:       17.04.1996

Commercial Register: Local court 14467 Potsdam

under:               HRB 9238 P

 

Share capital:                          EUR             25,564.59

 

Shareholder:

                     Klaus Rettig

                     Bachstr. 5

                     D 14542 Werder

                     Share:             EUR             23,008.13

Shareholder:

                     Jörg Goyer

                     Genthiner Str. 88

                     D 14774 Brandenburg

                     born: 24.09.1957 in Arendsee

                     Share:             EUR              2,556.46

    Negative remark(s) regarding

                     Jörg Goyer

                     Debt collection monitoring:

                     Amount                last entry:

                         1                 25.10.2006

                                        EUR             11,818.00

Manager:

                     Jörg Goyer

                     Genthiner Str. 88

                     D 14774 Brandenburg

                     having sole power of representation

                     born: 24.09.1957 in Arendsee

                     Profession: Economist

                     Marital status: married

    Negative remark(s) regarding

                     Jörg Goyer

                     Debt collection monitoring:

                     Amount                last entry:

                         1                 25.10.2006

                                        EUR             11,818.00

 

 

COMPANY HISTORY

 

company name and legal form

17.04.1996 - 16.03.1999  Goyer GmbH

                         Genthiner Str. 65

                         D 14774 Brandenburg

                         Private limited company

 

 

BUSINESS ACTIVITIES

 

Sectors

4762    Retail sale of periodicals, newspapers, stationery and office supplies

47650  Retail sale of games and toys

 

 

FINANCIAL INFORMATION

 

Payment experience:  Slow

 

Negative information: Negative information is known to us. We refer you to the legal form data.

 

Balance sheet year:  2016

 

PMI:              No significant / relevant payment experience

                     information pertaining to the company

                     inquired upon is shown in the Deutscher

                     Debitoren Monitor (DDMonitor).

 

Events Index:        1

 

                     At present, NO events are known.

 

                     The Events Index indicates if any particular

                     events have occurred, such as e.g. a

                     relocation of registered office or a change

                     within management. On the basis of number,

                     relevance and up-to-dateness of the events

                     an index value ranging from 1 (no events) to

                     5 is calculated. Companies showing a

                     particularly large number of events receive

                     the index 6.

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address              Genthiner Str. 102

                     D 14774 Brandenburg

 

Land register documents were not available.

 

 

BANKERS

 

MITTELBRANDENBURGISCHE SPARKASSE IN POTSDAM, 14459 POTSDAM

Sort. code: 16050000

BIC: WELADED1PMB

 

 

FINANCIAL FIGURES

 

Profit:              2016               EUR             -1,287.00

Ac/ts receivable:                       EUR                105.00

Liabilities:                            EUR            103,637.00

Employees:                                                      1

- Temporary workers:                                            1

 

 

BALANCE SHEETS

 

Balance sheet ratios 01.01.2016 - 31.12.2016

Equity ratio [%]:                  9.14

Return on total capital [%]:      -1.13

 

Balance sheet ratios 01.01.2015 - 31.12.2015

Equity ratio [%]:                  9.93

Return on total capital [%]:       0.06

 

Balance sheet ratios 01.01.2014 - 31.12.2014

Equity ratio [%]:                  9.42

 

Balance sheet ratios 01.01.2013 - 31.12.2013

Equity ratio [%]:                  9.96

Return on total capital [%]:       0.01

 

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.

 

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:       Other

 

Financial year:      01.01.2016 - 31.12.2016

 

ASSETS                                  EUR            126,848.70

 Outstanding capital                    EUR             12,782.30

  Outstanding contributions             EUR             12,782.30

 Fixed assets                           EUR              1,100.00

  Financial assets                      EUR              1,100.00

   Other loans                          EUR              1,100.00

 Current assets                         EUR            112,966.40

  Stocks                                EUR            110,582.88

   Finished goods / work in progress    EUR            110,582.88

  Accounts receivable                   EUR                104.82

   Other debtors and assets             EUR                104.82

  Liquid means                          EUR              2,278.70

 

LIABILITIES                             EUR            126,848.70

 Shareholders' equity                   EUR             23,211.24

  Capital                               EUR             24,498.18

  Balance sheet profit/loss (+/-)       EUR             -1,286.94

   Annual surplus / annual deficit      EUR             -1,286.94

 Liabilities                            EUR            103,637.46

  Other liabilities                     EUR            103,637.46

   Trade creditors (for IAS incl. bills

   of exchange)                         EUR            103,637.46

 

Type of balance

sheet:               Company balance sheet

Origin of the present

balance sheet:       Other

 

Financial year:      01.01.2015 - 31.12.2015

 

ASSETS                                  EUR            132,115.27

 Outstanding capital                    EUR             12,782.30

  Outstanding contributions             EUR             12,782.30

 Fixed assets                           EUR              1,100.00

  Financial assets                      EUR              1,100.00

   Other loans                          EUR              1,100.00

 Current assets                         EUR            118,232.97

  Stocks                                EUR            110,582.88

  Liquid means                          EUR              7,650.09

 

LIABILITIES                             EUR            132,115.27

 Shareholders' equity                   EUR             24,631.73

  Capital                               EUR             24,562.76

  Balance sheet profit/loss (+/-)       EUR                 68.97

   Annual surplus / annual deficit      EUR                 68.97

 Liabilities                            EUR            107,483.54

  Other liabilities                     EUR            107,483.54

   Trade creditors (for IAS incl. bills

   of exchange)                         EUR            104,202.99

   Unspecified other liabilities        EUR              3,280.55

 

There may have been some changes since our last research took place. Therefore, a freshly researched report will follow shortly.

 

 

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 63.90

UK Pound

1

INR 90.31

Euro

1

INR 80.17

EUR

1

INR 79.88

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRI

 

 

Report Prepared by :

TPT

 


 

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)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.