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MIRA INFORM REPORT
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Report No. : |
494299 |
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Report Date : |
27.02.2018 |
IDENTIFICATION DETAILS
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Name : |
DVA AGRO GMBH |
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Registered Office : |
Valentinskamp 70,D 20355 Hamburg |
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Country : |
Germany |
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Date of Incorporation : |
30.09.1982 |
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Com. Reg. No.: |
HRB 29933 |
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Legal Form : |
Private limited company |
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Line of Business : |
·
Agents involved in the sale of a variety
of goods ·
Non-specialized wholesale of raw
materials and half-finished and
finished goods |
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No. of Employees : |
11 |
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 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.
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Source
: CIA |
Company
Name And Dresses
Report on: DVA Agro GmbH
Company Status: active
Valentinskamp 70
D 20355 Hamburg
Telephone:040/8222855
Telefax:
040/822285709
Homepage: www.dvaagro.com
E-mail:
info@dvaagro.com
VAT
no.: DE118563368
CONCLUSION
Business relations are permissible.
COMPANY SUMMERY
LEGAL FORM Private
limited company
Date of foundation: 30.09.1982
Shareholders'
agreement: 30.09.1982
Registered on: 22.10.1982
Commercial Register: Local court 20355 Hamburg
under: HRB
29933
Share capital: EUR 2,500,000.00
Shareholder:
DVA International GmbH
Valentinskamp 70
D 20355 Hamburg
Post Box:
11 35 67, D 20435 Hamburg
Legal form: Private
limited company
Share capital: EUR 50,000.00
Share: EUR 2,500,000.00
Registered on: 07.05.2007
Reg. data: 20355 Hamburg,
HRB 100926
Manager:
Matthias Damm
Stadthausbrücke
D 20355 Hamburg
having sole power of
representation
born: 16.07.1968 in Hamburg
Profession: Businessman
Marital status: married
Manager:
Joäo Paulo Aleixo
D 20355 Hamburg
authorized to jointly
represent the company
born: 26.08.1980
Proxy:
Peter Zimmermann
D 20095 Hamburg
authorized to jointly
represent the company
born: 28.10.1967 in
München
Proxy:
Dr. Matthias Griesbach
D 20355 Hamburg
authorized to jointly
represent the company
born: 14.01.1969
Further functions/participations of Matthias
Damm (Manager)
Shareholder:
DVA International GmbH
Valentinskamp 70
D 20355 Hamburg
Post Box:
11 35 67, D 20435 Hamburg
Legal form: Private limited company
Share capital: EUR 50,000.00
Share: EUR 38,000.00
Registered
on: 07.05.2007
Reg. data: 20355 Hamburg, HRB 100926
Manager:
DVA Kunststoffe GmbH
Valentinskamp 70
D 20355 Hamburg
Legal form: Private
limited company
Share capital: EUR 31,000.00
Registered
on: 07.05.2007
Reg. data: 20355 Hamburg, HRB 100923
Manager:
DVA Plastics GmbH
Valentinskamp 70
D 20355 Hamburg
Legal form: Private
limited company
Share capital: EUR 80,000.00
Registered
on: 07.05.2007
Reg. data: 20355 Hamburg, HRB 100924
Manager:
DVA Health &
Nutrition GmbH
Valentinskamp 70
D 20355 Hamburg
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 07.05.2007
Reg. data: 20355 Hamburg, HRB 100925
Manager:
DVA International GmbH
Valentinskamp 70
D 20355 Hamburg
Post Box:
11 35 67, D 20435 Hamburg
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 07.05.2007
Reg. data: 20355 Hamburg, HRB 100926
Manager:
Handelsgesellschaft
Detlef von Appen mbH
Valentinskamp 70
D 20355 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on:
22.10.2007
Reg. data: 20355 Hamburg, HRB 102800
COMPANY
HISTORY
company name and legal form
12.10.2007 - 08.09.2016 DVA Agro GmbH
Stadthausbrücke 1-3
D 20355 Hamburg
Private limited
company
01.11.2004 - 12.10.2007 Handelsgesellschaft Detlef von Appen
m.b.H.
Stadthausbrücke 1-3
D 20355 Hamburg
Private
limited company
19.11.1997 - 31.10.2004 Handelsgesellschaft Detlef von Appen
m.b.H.
Meßberg 4/Danske-Hus
D 20095 Hamburg
Private limited
company
30.11.1994 - 18.11.1997 Handelsgesellschaft Detlef von Appen
m.b.H.
Meßberg 4
D 20095 Hamburg
Private limited
company
22.10.1982 - 29.11.1994 Handelsgesellschaft Detlef von Appen
m.b.H.
Schopenstehl 20
D 20095 Hamburg
Private limited
company
RESIGNED ACTING PERSONS AND SHAREHOLDERS
25.02.2010 - 27.10.2017 Manager
Dirk Meyer
D 20095 Hamburg
BUSINESS
ACTIVITIES
Main industrial sector
46190
Agents involved in the sale of a variety of goods
46901
Non-specialized wholesale of raw materials and half-finished and finished goods
FINANCIAL INFORMATION
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
REAL ESTATE
Type of ownership: Tenant
Address Valentinskamp 70
D 20355 Hamburg
Land register documents were not available.
BANKERS
DEUTSCHE BANK, 20079 HAMBURG
Sort. code: 20070000
BIC: DEUTDEHHXXX
COMMERZBANK VORMALS DRESDNER BANK, 20349
HAMBURG
Sort. code: 20080000
BIC: DRESDEFF200
HAMBURGER SPARKASSE, 20454 HAMBURG
Sort. code: 20050550
BIC: HASPDEHHXXX
HSH
NORDBANK HAMBURG, 20095 HAMBURG
Sort. code: 20050000
BIC: HSHNDEHH200
FINANCIAL
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2017 *EUR 3,071,000.00
Share capital: EUR 2,500,000.00
Equipment: *EUR 68,000.00
Ac/ts receivable: *EUR 897,500.00
Liabilities: *EUR 2,031,500.00
Total numbers of vehicles: 2
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Passenger cars:
2
Employees: 11
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thereof permanent staff: 10
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Part-time employees: 1
The
business figures marked with an asterisk are estimates based
on average values in the line of business.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 64.66 |
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1 |
INR 90.65 |
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Euro |
1 |
INR 79.70 |
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Euro |
1 |
INR 79.92 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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PRA |
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Report Prepared
by : |
KET |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.