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MIRA INFORM REPORT
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Report No. : |
486282 |
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Report Date : |
18.01.2018 |
IDENTIFICATION DETAILS
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Name : |
PARKER
HANNIFIN GMBH |
|
|
|
|
Registered Office : |
Am
Metallwerk 9 33659 Bielefeld |
|
|
|
|
Country : |
Germany |
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|
|
|
Financials (as on) : |
30.06.2016 |
|
|
|
|
Date of Incorporation : |
16.08.1962 |
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|
|
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Com. Reg. No.: |
HRB 35489 |
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Legal Form : |
Private Limited Company |
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|
|
|
Line of Business : |
·
Manufacture of other electric equipment ·
Manufacture of hydraulic and pneumatic components and
systems |
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No. of Employees : |
483 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A+ |
|
Credit Rating |
Explanation |
Rating Comments |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
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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 2016 Germany reached a budget surplus of 0.6%. 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 2017.
|
Source
: CIA |
Company
name and address
Parker
Hannifin GmbH
Company
Status: active
Am Metallwerk 9
D 33659 Bielefeld
Telephone:0521/4048-0
Telefax: 0521/4048-4280
Homepage: www.parker.com
E-mail: parker.germany@parker.com
VAT
no.: DE122802922
LEGAL
FORM Private limited company
Date
of foundation: 16.08.1962
Registered
on: 14.06.1996
Commercial
Register: Local court 33602 Bielefeld
under: HRB 35489
Share
capital:
EUR 39,003,000.00
Shareholder:
Parker Hannifin Holding
GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 500,000.00
Share: EUR 39,003,000.00
Registered on: 22.07.1999
Reg. data: 33602
Bielefeld, HRB 36502
Control and profit
transfer agreement
Manager:
Dr. Hans-Jürgen Haas
D 01445 Radebeul
authorized to jointly
represent the company
born: 30.04.1959
Profession: Engineer
Manager:
Cornelis Johannes Veraart
NL GX
Huissen
authorized to jointly
represent the company
born: 17.10.1959
Nationality: Dutch
Manager:
Ellen Raahede Secher
D 41352 Korschenbroich
authorized to jointly
represent the company
born: 05.05.1955
President
of the Supervisory Board:
Hansgeorg Greuner
Wanheimer Str. 17
D 40667 Meerbusch
born: 28.06.1939
Vice-president
of the Supervisory Board:
Martina van Loveren
D 41061 Mönchengladbach
Marital status: unknown
Member
of the Supervisory Board:
Dr. Gerd Scheffel
Danziger Str. 53
D 41352 Korschenbroich
born: 23.04.1949
Profession: graduate
engineer
Member
of the Supervisory Board:
Klaus Geißler
Hermann-Rombach-Str. 17
D 74321
Bietigheim-Bissingen
born: 08.07.1940
Profession: Businessman
Marital status: married
Member
of the Supervisory Board:
Klaus Hütig
Sandgasse 3a
D 76534 Baden-Baden
Profession: Solicitor
Member
of the Supervisory Board:
Wilhelm Horn
D 74232 Abstatt
Member
of the Supervisory Board:
Manfred Kehr
CH - Etoy
Member
of the Supervisory Board:
Martijn Rouwenhorst
CH - Etoy
Nationality: Dutch
Member
of the Supervisory Board:
Steffen Preiß
D 71665 Vaihingen
Member
of the Supervisory Board:
Isaf Gün
D 61440 Oberursel
Marital status: unknown
Member
of the Supervisory Board:
Steffen Heinig
D 09241 Mühlau
Marital status: unknown
Member
of the Supervisory Board:
Jürgen Mendle
D 70806 Kornwestheim
Marital status: unknown
Proxy:
Bernd Schnabel
D 85622 Feldkirchen
authorized to jointly
represent the company
born: 03.06.1951
Proxy:
Berthold Waldenmaier
D 73525 Schwäbisch Gmünd
authorized to jointly
represent the company
born: 06.03.1958
Proxy:
Michael Becher
D 40724 Hilden
authorized to jointly represent
the company
born: 10.04.1965
Profession: Businessman
Marital status: unknown
Proxy:
Uwe Wanning
Stralsunder Str. 18
D 33803 Steinhagen
authorized to jointly
represent the company
born: 19.05.1960
Proxy:
Herbert Weimar
D 65510 Idstein
authorized to jointly represent the
company
born: 02.02.1955
Proxy:
Jörg Sturm
D 42781 Haan
authorized to jointly
represent the company
born: 13.12.1967
Proxy:
Jochen Nigge
D 74372 Sersheim
authorized to jointly
represent the company
born: 16.07.1968
Proxy:
Brigitte Hoffmann
D 32457 Porta Westfalica
authorized to jointly
represent the company
born: 08.02.1965
Proxy:
Thomas Becker
D 55127 Mainz
authorized to jointly represent
the company
born: 08.03.1966
Proxy:
Michael Handke
D 33330 Gütersloh
authorized to jointly
represent the company
born: 22.09.1966
Proxy:
Alexander Keller
D 77704 Oberkirch
authorized to jointly
represent the company
born: 16.01.1977
Proxy:
Erich Ehlen
D 77855 Achern
authorized to jointly
represent the company
born: 31.10.1958
Proxy:
Falk Lehmann
D 59063 Hamm
authorized to jointly
represent the company
born: 27.09.1967
Proxy:
Bernd Fichtel
D 61137 Schöneck
authorized to jointly
represent the company
born: 13.02.1967
Proxy:
Roland Bittenauer
A Wallsee
authorized to jointly
represent the company
born: 27.11.1970
Nationality: Austrian
Proxy:
Manfred Leeb
A Alberndorf i. d. Riedmark
authorized to jointly
represent the company
born: 25.04.1969
Nationality: Austrian
Proxy:
Mario Müller
D 41844 Wegberg
authorized to jointly
represent the company
born: 05.09.1968
Further
functions/participations of Dr. Hans-Jürgen Haas
(Manager)
Manager:
Parker Hannifin Holding
GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 22.07.1999
Reg. data: 33602 Bielefeld, HRB 36502
Further
functions/participations of Cornelis Johannes Veraart
(Manager)
Manager:
Parker Hannifin Auto-Tech
Composites GmbH
In der Klapper 24
D 37520 Osterode
Legal form: Private limited
company
Share capital: EUR 512,000.00
Registered
on: 24.03.1972
Reg. data: 37073 Göttingen, HRB 130769
Manager:
PECOFacet Deutschland GmbH
Am Selder 39
D 47906 Kempen
Legal form: Private
limited company
Share capital: EUR 511,291.88
Registered
on: 24.04.1995
Reg. data: 47798 Krefeld, HRB 9399
Manager:
Parker Hannifin
Verwaltungs-GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 02.02.2005
Reg. data: 33602 Bielefeld, HRB 38315
Manager:
Parker Hannifin Real
Estate Holding GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 30.06.2010
Reg. data: 33602 Bielefeld, HRB 40015
Manager:
Twin Filter Verwaltungs
GmbH
Fasanenweg 5
D 65451 Kelsterbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 17.07.2012
Reg. data:
64283 Darmstadt, HRB 91266
Proxy:
United Air Specialists,
Inc.
Zweigniederlassung
Deutschland
Otto-Hahn-Str. 6
D 65520 Bad Camberg
Legal form: Branch of a
public limited
company under
foreign law
Share capital: USD 500.00
Registered
on: 12.05.1999
Reg. data:
65549 Limburg, HRB 1672
Proxy:
Parker Hannifin GmbH Fluid
Verbindungsteile
Freiherr-vom-Stein-Str. 2
D 35325 Mücke
Legal form: Private
limited company
Registered
on: 09.07.2009
Reg. data: 33602 Bielefeld, HRB 35489
Further
functions/participations of Ellen Raahede Secher
(Manager)
Manager:
PECOFacet Deutschland GmbH
Am Selder 39
D 47906 Kempen
Legal form: Private
limited company
Share capital: EUR 511,291.88
Registered
on: 24.04.1995
Reg. data: 47798 Krefeld, HRB 9399
Manager:
Parker Hannifin Holding
GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 22.07.1999
Reg. data: 33602 Bielefeld, HRB 36502
Manager:
Parker Hannifin Verwaltungs-GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 02.02.2005
Reg. data: 33602 Bielefeld, HRB 38315
Manager:
Parker Hannifin Real
Estate Holding GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 30.06.2010
Reg. data: 33602 Bielefeld, HRB 40015
Proxy:
United Air Specialists, Inc.
Zweigniederlassung
Deutschland
Otto-Hahn-Str. 6
D 65520 Bad Camberg
Legal form: Branch of a
public limited
company under foreign law
Share capital: USD 500.00
Registered
on: 12.05.1999
Reg. data: 65549 Limburg, HRB 1672
COMPANY
HISTORY
company
name and legal form
15.01.2005
- 30.06.2009 Parker Hannifin Management
GmbH
Am Metallwerk 9
D 33659 Bielefeld
Private limited
company
14.06.1996
- 14.01.2005 Parker Hannifin GmbH
Am Metallwerk 9
D 33659 Bielefeld
Private limited
company
16.11.1993
- 14.06.1996 Parker Hannifin GmbH
Delmenhorster Str. 10
D 50735 Köln
Private limited
company
16.08.1962
- 16.11.1993 Parker Hannifin GmbH
Geestemünder Str. 42
D 50735 Köln
Private limited
company
RESIGNED
ACTING PERSONS AND SHAREHOLDERS
10.10.2014
- 05.07.2017 Manager
Günter Schrank
D 44787 Bochum
BUSINESS
ACTIVITIES
Main
industrial sector
2790 Manufacture of other electric equipment
n.e.c.
2812 Manufacture of hydraulic and pneumatic
components and
systems
Secondary
industrial sector
25993 Manufacture of metal products n.e.c.
2813 Manufacture of pumps and compressors n.e.c.
BRANCHES
AND FACTORIES
Branch:
Parker Hannifin GmbH
Robert-Bosch-Str. 22
D 77656 Offenburg
TEL.: 0781/509-0
FAX.: 0781/509-176
Reg. entry: 09.07.2009
Branch:
Parker Hannifin GmbH
Pat-Parker-Platz 1
D 41564 Kaarst
TEL.: 02131/40160
FAX.: 02131/401699
Reg. entry: 09.07.2009
Branch:
Parker Hannifin GmbH
Arnold-Jäger-Str. 1
D 74321
Bietigheim-Bissingen
TEL.: 07142/5351-0
Branch:
Parker Hannifin GmbH
Fasanenweg 5
D 65451 Kelsterbach
Reg. entry: 22.12.2015
Branch:
Parker Hannifin GmbH
D 64646 Heppenheim
Branch:
Parker Hannifin GmbH
D 35325 Mücke
Branch:
Parker Hannifin GmbH
D 65033 Wiesbaden
Branch:
Parker Hannifin GmbH
D 50996 Köln
PARTICIPATIONS
General
partner:
Parker Hannifin
Manufacturing Germany GmbH &
Co. KG
Am Metallwerk 9
D 33659 Bielefeld
Post Box:
12 02 06
Legal form: Ltd partnership
with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 1,000.00
contribution:
Reg. data: 24.05.2011
Local court
33602 Bielefeld
HRA 15699
Limited
partner:
Parker Hannifin
Gebaeudeverwaltung zwei GmbH
& Co. KG
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 900.00
contribution:
Share: EUR 900.00
Reg. data: 04.08.2010
Local court
33602 Bielefeld
HRA 15594
FINANCIAL
INFORMATION
The
Solvency Rating[NG] and the balance sheet grade are generated
on
the basis of the calculation methodology of Euler Hermes.
Payment
experience: Regular
Negative
information:We have no negative information at hand.
REAL
ESTATE
Type
of ownership: Tenant
Address Am Metallwerk 9
D 33659 Bielefeld
Land
register documents were not available.
BANKERS
COMMERZBANK,
33596 BIELEFELD
Sort.
code: 48040035, Account no.: 766024400
BIC:
COBADEFFXXX, IBAN: DE02480400350766024400
FINANCIAL
FIGURES
Turnover: 2015/2016 EUR 637,536,717.00
Profit: 2015/2016 EUR 19,129,025.00
Equipment: EUR 497,441.00
Ac/ts
receivable:
EUR 163,366,089.00
Liabilities: EUR 150,615,204.00
Employees:
483
-
thereof permanent staff: 483
Control
and profit transfer agreement to:
Parker Hannifin Holding
GmbH
Am Metallwerk 9
D 33659 Bielefeld
BALANCE
SHEETS
Balance
sheet ratios 01.07.2015 - 30.06.2016
Equity
ratio [%]: 67.59
Liquidity
ratio: 3.41
Return
on total capital [%]: 7.13
Balance
sheet ratios 01.07.2014 - 30.06.2015
Equity
ratio [%]: 62.60
Liquidity
ratio: 2.68
Return
on total capital [%]: 8.00
Balance
sheet ratios 01.07.2013 - 30.06.2014
Equity
ratio [%]: 58.96
Liquidity
ratio: 2.14
Return
on total capital [%]: 2.12
Balance
sheet ratios 01.07.2012 - 30.06.2013
Equity
ratio [%]: 49.38
Liquidity
ratio: 1.93
Return
on total capital [%]: 2.71
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: 01.07.2015 - 30.06.2016
ASSETS EUR 283,093,272.75
Fixed assets EUR 118,161,617.09
Intangible assets EUR 77,185.96
Concessions, licences, rights EUR 37,254.44
Goodwill EUR 39,931.52
Tangible assets EUR 599,852.46
Plant / machinery EUR 102,411.82
Other tangible assets / fixtures and
fittings EUR 497,440.64
Financial assets EUR 117,484,578.67
Shares in participations /
subsidiaries and the like EUR 117,484,578.67
Shares in related companies EUR
117,484,578.67
Current assets EUR 164,560,860.67
Stocks EUR 1,018,377.53
Finished goods / work in progress EUR
1,018,377.53
Accounts receivable EUR 163,366,088.81
Trade debtors EUR 69,247,967.34
Amounts due from related companies EUR
92,821,288.04
Other debtors and assets EUR 1,296,833.43
Liquid means EUR 176,394.33
Remaining other assets EUR 370,794.99
Accruals (assets) EUR 370,794.99
LIABILITIES EUR 283,093,272.75
Shareholders' equity EUR 88,810,058.44
Capital EUR 39,003,000.00
Subscribed capital (share capital) EUR
39,003,000.00
Reserves EUR 46,974,903.85
Capital reserves EUR 46,076,334.85
Retained earnings / revenue reserves
EUR 898,569.00
Balance sheet profit/loss (+/-) EUR 2,832,154.59
Profit / loss brought forward EUR 2,832,154.59
Provisions EUR 43,668,010.26
Pension provisions and comparable
provisions EUR 32,485,571.87
Other / unspecified provisions EUR 11,182,438.39
Liabilities EUR 150,615,204.05
Other liabilities EUR 150,615,204.05
Trade creditors (for IAS incl. bills
of exchange) EUR 276,883.40
Liabilities from received advance
payments EUR 146,635.00
Liabililties due to related
companiesEUR 148,795,093.99
Unspecified other liabilities EUR 1,396,591.66
thereof liabilities from tax /
financial authorities EUR 877,524.07
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 637,536,716.68
Other operating income EUR 5,757,675.40
Cost of materials EUR 547,882,304.98
Raw materials and supplies, purchased
goods EUR 547,796,511.20
Purchased services EUR 85,793.78
Gross result (+/-) EUR 95,412,087.10
Staff expenses EUR 48,115,364.48
Wages and salaries EUR 37,555,895.51
Social security contributions and
expenses for pension plans and
benefits EUR 10,559,468.97
Total depreciation EUR 120,344.67
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 120,344.67
Other operating expenses EUR 25,165,124.90
Operating result from continuing
operations EUR 22,011,253.05
Interest result (+/-) EUR -1,587,842.99
Interest and similar income EUR 3,074.14
Interest and similar expenses EUR 1,590,917.13
Financial result (+/-) EUR -1,587,842.99
Result from ordinary operations (+/-) EUR
20,423,410.06
Extraordinary expenses EUR 1,060,968.80
Extraordinary result (+/-) EUR -1,060,968.80
Expenses for transfer of profits to a
parent company EUR 19,129,025.44
Income tax / refund of income tax
(+/-)EUR 146.20
Other taxes / refund of taxes EUR -233,562.02
Tax (+/-) EUR -233,415.82
Annual surplus / annual deficit EUR 0.00
Type
of balance
sheet: Company balance sheet
Origin
of the present
balance
sheet: electronic German Federal
Gazette
Financial
year: 01.07.2014 - 30.06.2015
ASSETS EUR 269,210,919.83
Fixed assets EUR 118,876,247.01
Intangible assets EUR 124,455.79
Concessions, licences, rights EUR 77,869.01
Goodwill EUR 46,586.78
Tangible assets EUR 907,789.08
Land / similar rights EUR 275,810.94
Plant / machinery EUR 152,264.41
Other tangible assets / fixtures and
fittings EUR 479,713.73
Financial assets EUR 117,844,002.14
Shares in participations /
subsidiaries and the like EUR 117,844,002.14
Shares in related companies EUR 117,844,002.14
Current assets EUR 149,960,198.28
Stocks EUR 1,270,113.75
Finished goods / work in progress EUR
1,270,113.75
Accounts receivable EUR 148,661,311.53
Trade debtors EUR 79,802,629.70
Amounts due from related companies EUR
67,522,072.73
Other debtors and assets EUR 1,336,609.10
Liquid means EUR 28,773.00
Remaining other assets EUR 374,474.54
Accruals (assets) EUR 374,474.54
LIABILITIES EUR 269,210,919.83
Shareholders' equity EUR 88,810,058.44
Capital EUR 39,003,000.00
Subscribed capital (share capital) EUR
39,003,000.00
Reserves EUR 46,974,903.85
Capital reserves EUR 46,076,334.85
Retained earnings / revenue reserves
EUR 898,569.00
Balance sheet profit/loss (+/-) EUR 2,832,154.59
Profit / loss brought forward EUR 2,832,154.59
Provisions EUR 45,224,718.74
Pension provisions and comparable
provisions EUR 33,338,170.00
Provisions for taxes EUR 341,716.35
Other / unspecified provisions EUR 11,544,832.39
Liabilities EUR 135,176,142.65
Other liabilities EUR 135,176,142.65
Trade creditors (for IAS incl. bills
of exchange) EUR 531,571.77
Liabilities from received advance
payments EUR 282,071.93
Liabililties due to related
companiesEUR 129,028,482.56
Unspecified other liabilities EUR 5,334,016.39
thereof liabilities from tax /
financial authorities EUR 4,475,750.20
Guarantees and other commitments EUR 22,397,000.00
Sureties / lendings of
creditworthiness EUR 19,517,000.00
Other guarantees and other
commitmentsEUR 2,880,000.00
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 643,985,337.49
Other operating income EUR 8,955,815.02
Cost of materials EUR 550,188,881.82
Raw materials and supplies, purchased
goods EUR 550,141,174.23
Purchased services EUR 47,707.59
Gross result (+/-) EUR 102,752,270.69
Staff expenses EUR 48,765,374.18
Wages and salaries EUR 38,616,777.43
Social security contributions and
expenses for pension plans and
benefits EUR 10,148,596.75
Total depreciation EUR 1,748,266.18
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR
1,748,266.18
Other operating expenses EUR 26,925,079.30
Operating result from continuing
operations EUR 25,313,551.03
Interest result (+/-) EUR -3,500,678.74
Interest and similar income EUR 15.29
thereof from related companies EUR 15.29
Interest and similar expenses EUR 3,500,694.03
Financial result (+/-) EUR -3,500,678.74
Result from ordinary operations (+/-) EUR
21,812,872.29
Expenses for transfer of profits to a
parent company EUR 21,535,392.35
Other taxes / refund of taxes EUR -277,479.94
Tax (+/-) EUR -277,479.94
Annual surplus / annual deficit EUR 0.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.97 |
|
|
1 |
INR 88.12 |
|
Euro |
1 |
INR 78.34 |
|
EURO |
1 |
INR 77.92 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
|
|
|
|
Report Prepared
by : |
DNS |
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.