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MIRA
INFORM REPORT
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Report No. : |
501089 |
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Report Date : |
30.03.2018 |
IDENTIFICATION DETAILS
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Name : |
WINTERHALTER GASTRONOM GMBH |
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Registered Office : |
Winterhalterstr. 2-12, D 88074
Meckenbeuren |
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Country : |
Germany |
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Financials (as on) : |
31.12.2016 |
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Date of Incorporation : |
22.01.1971 |
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Com. Reg. No.: |
HRB 630314 |
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Legal Form : |
Private limited company |
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Line of Business : |
Manufacture of other general-purpose
machinery |
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No. of Employees : |
433 |
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.
|
Source
: CIA |
Compnay
name and address
Report on: Winterhalter Gastronom GmbH
Company Status: active
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Telephone:07542/4020
Telefax:
07542/402187
Homepage: www.winterhalter.de
E-mail:
info@winterhalter.de
VAT no.: DE145376630
CONCLUSION Business
relations are permissible.
Company
Summery
LEGAL FORM Private limited company
Date of foundation: 1947
Shareholders'
agreement: 22.01.1971
Registered on: 20.04.1971
Commercial Register: Local court 89073 Ulm
under: HRB 630314
Share capital: EUR 3,835,000.00
Shareholder:
Winterhalter
Beteiligungen GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 3,835,000.00
Registered on: 19.12.2016
Reg. data: 89073 Ulm, HRB
734484
Profit transfer agreement
Manager:
Jürgen Winterhalter
D 88131 Lindau
having sole power of
representation
born: 04.05.1944
Marital status: married
Manager:
Ralph Winterhalter
D 88142 Wasserburg
having sole power of
representation
born: 04.02.1978
Proxy:
Thomas Pfeiffer
D 88239 Wangen
authorized to jointly
represent the company
born: 26.07.1970
Proxy:
Peter Huber
D 82205 Gilching
authorized to jointly
represent the company
born: 31.08.1957
Proxy:
Dr. Viktor Faller
D 78532 Tuttlingen
having sole power of
representation
born: 09.10.1964
Proxy:
Dr. Andreas Schmoll
D 88453 Erolzheim
authorized to jointly
represent the company
born: 11.08.1961
Proxy:
Bernhard Graeff
D 88079 Kressbronn
authorized to jointly
represent the company
born: 08.02.1959
Proxy:
Thomas Schubert
D 88069 Tettnang
authorized to jointly
represent the company
born: 17.10.1966
Proxy:
Thomas Hornikel
D 88045 Friedrichshafen
authorized to jointly
represent the company
born: 02.06.1971
Proxy:
Manuel Rehm
D 88085 Langenargen
authorized to jointly
represent the company
born: 24.06.1967
Further functions/participations of Jürgen
Winterhalter (Manager)
Limited partner:
Karl Winterhalter GmbH
& Co. KG.
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 2,000,000.00
contribution:
Share: EUR 20,000.00
Registered
on: 01.10.1962
Reg. data: 89073 Ulm, HRA 630202
Shareholder:
Winterhalter
Verwaltungsgesellschaft mbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 25,500.00
Share: EUR 13,000.00
Registered
on: 24.06.1999
Reg. data: 89073 Ulm, HRB 631681
Manager:
Winterhalter Deutschland
GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 20.09.2012
Reg. data: 89073 Ulm, HRB 728364
Manager:
Winterhalter Grundbesitz
GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 02.01.2015
Reg. data: 89073 Ulm, HRB 731545
Manager:
Winterhalter
Verwaltungsgesellschaft mbH
Winterhalterstr.
2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 25,500.00
Registered
on:
24.06.1999
Reg. data: 89073 Ulm, HRB 631681
Manager:
Winterhalter Schweiz GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 2,370,750.00
Registered
on: 23.02.2004
Reg. data: 89073 Ulm, HRB 632032
Manager:
Winterhalter Ventures GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 13.10.2017
Reg. data: 89073 Ulm, HRB 735747
Manager:
Winterhalter
Beteiligungen GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 19.12.2016
Reg. data: 89073 Ulm, HRB 734484
Manager:
Winterhalter Immobilien
GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 250,000.00
Registered
on: 29.12.2014
Reg. data: 89073 Ulm, HRB 731533
Further functions/participations of Ralph
Winterhalter (Manager)
Limited partner:
Reederei Rambow GmbH
& Co. KG MS "IDA
RAMBOW"
Schoolpadd 17
D 21706 Drochtersen
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Total cap. EUR 14,450,000.00
contribution:
Share: EUR 5,000,000.00
Registered
on: 10.08.2007
Reg. data: 21255 Tostedt, HRA 200726
Limited partner:
Karl Winterhalter GmbH
& Co. KG.
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Ltd partnership
with priv. ltd.
company as
general partner
Total cap. EUR 2,000,000.00
contribution:
Share: EUR 1,980,000.00
Registered
on: 01.10.1962
Reg. data: 89073 Ulm, HRA 630202
Limited partner:
Taurus Office GmbH &
Co. KG
Joseph-Wild-Str. 20
D 81829 München
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 475,000.00
contribution:
Share: EUR 25,000.00
Registered
on: 30.05.2014
Reg. data: 80333 München, HRA 102335
Limited partner:
MS
"BOTTENVIK"GmbH & Co. KG
Schoolpadd 17
D 21706 Drochtersen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 68,150.00
contribution:
Share: EUR 11,900.00
Registered
on: 02.04.2012
Reg. data: 21255 Tostedt, HRA 202180
Limited partner:
Reederei Rambow GmbH
& Co. KG MS "Beate"
Schoolpadd 17
D 21706 Drochtersen
Legal form: Ltd partnership
with priv. ltd.
company as
general partner
Total cap. EUR 30,500.00
contribution:
Share: EUR 6,000.00
Registered
on: 08.02.2016
Reg. data: 21255 Tostedt, HRA 203172
Shareholder:
Winterhalter
Verwaltungsgesellschaft mbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 25,500.00
Share: EUR 12,500.00
Registered
on: 24.06.1999
Reg. data: 89073 Ulm, HRB 631681
Manager:
Winterhalter Ventures
GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 13.10.2017
Reg. data: 89073 Ulm, HRB 735747
Manager:
Winterhalter Deutschland
GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 20.09.2012
Reg. data: 89073 Ulm, HRB 728364
Manager:
Winterhalter Grundbesitz
GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 02.01.2015
Reg. data: 89073 Ulm, HRB 731545
Manager:
Winterhalter
Verwaltungsgesellschaft mbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 25,500.00
Registered
on: 24.06.1999
Reg. data: 89073 Ulm, HRB 631681
Manager:
Winterhalter Schweiz GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 2,370,750.00
Registered
on: 23.02.2004
Reg. data: 89073 Ulm, HRB 632032
Manager:
Winterhalter
Beteiligungen GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 19.12.2016
Reg. data: 89073 Ulm, HRB 734484
Manager:
Winterhalter Immobilien
GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Share capital: EUR
250,000.00
Registered
on: 29.12.2014
Reg. data: 89073 Ulm, HRB 731533
COMPANY
HISTORY
company name and legal form
22.12.2014 - 01.01.2015 Winterhalter Gastronom GmbH
Tettnanger Str. 72
D 88074 Meckenbeuren
Private limited
company
08.04.2003 - 07.01.2013 Winterhalter Gastronom GmbH
Tettnanger Str. 72-74
D 88074 Meckenbeuren
Private limited
company
20.04.1971 - 08.04.2003 Winterhalter Gastronom Gesellschaft mit
beschränkter Haftung
Tettnanger Str. 72-74
D 88074 Meckenbeuren
Private limited
company
BUSINESS
ACTIVITIES
Main industrial sector
28290
Manufacture of other general-purpose machinery
BRANCHES AND FACTORIES
Works:
Winterhalter Gastronom
GmbH
Wöllinger Str. 2
D 79346 Endingen
TEL.: 07642/6892-0
FAX.: 07542/402-187
Branch:
Winterhalter Gastronom
GmbH
Kanalstr. 111
D 12357 Berlin
TEL.: 030/67689263
Branch:
Winterhalter Gastronom
GmbH
Gerhart-Hauptmann-Str. 44
D 63165 Mühlheim
TEL.: 06108/73074
Branch:
Winterhalter Gastronom
GmbH
Witzling 6
D 94474 Vilshofen
TEL.: 08541/967585
FAX.: 08541/967587
PARTICIPATIONS
Shareholder:
Amesso GmbH
Dieselstr. 11
D 88074 Meckenbeuren
Legal form: Private
limited company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg. data: 22.12.2015
Local court
89073 Ulm
HRB 732925
Shareholder:
Winterhalter Deutschland
GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
Legal form: Private
limited company
Company Status: active
Share capital: EUR 30,000.00
Share: EUR 30,000.00
Reg. data: 20.09.2012
Local court
89073 Ulm
HRB 728364
FINANCIAL INFORMATION
Payment experience: No
Complaints
Negative information:We have no negative
information at hand.
Balance sheet year: 2016
REAL
ESTATE
Type of ownership: Tenant
Address Winterhalterstr. 2-12
D 88074 Meckenbeuren
Land register documents were not available.
BANKERS
Principal bank
DEUTSCHE BANK, 88003 FRIEDRICHSHAFEN
Sort. code: 65070084, Account no.: 3962800
BIC: DEUTDESS650, IBAN: DE38650700840396280000
Further bank
HSBC TRINKAUS & BURKHARDT, 40002
DÜSSELDORF
Sort. code: 30030880, Account no.: 500348003
BIC: TUBDDEDDXXX, IBAN: DE35300308800500348003
FINANCIAL
FIGURES
Turnover: 2016 EUR 178,719,432.00
Profit: 2016 EUR 49,522,541.00
Ac/ts receivable: EUR 88,986,561.00
Liabilities: EUR 83,345,175.00
Employees:
433
-
thereof permanent staff: 412
-
Trainees:
21
Profit transfer agreement to:
Winterhalter
Beteiligungen GmbH
Winterhalterstr. 2-12
D 88074 Meckenbeuren
BALANCE
SHEETS
Balance sheet ratios 01.01.2016 - 31.12.2016
Equity ratio [%]: 44.69
Liquidity ratio: 2.27
Return on total capital [%]: 27.45
Balance sheet ratios 01.01.2015 - 31.12.2015
Equity ratio [%]: 41.98
Liquidity ratio: 2.16
Return on total capital [%]: 21.24
Balance sheet ratios 01.01.2014 - 31.12.2014
Equity ratio [%]: 44.07
Liquidity ratio: 1.79
Return on total capital [%]: 25.59
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 56.07
Liquidity ratio: 2.54
Return on total capital [%]: 20.68
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: self-disclosure
Financial year: 01.01.2016 - 31.12.2016
ASSETS EUR 180,397,084.82
Fixed assets
EUR 36,123,839.40
Intangible assets
EUR 4,296,918.26
Concessions, licences, rights
EUR 4,296,918.26
Tangible assets
EUR 1,777,613.87
Land / similar rights
EUR 1,255,174.85
Advance payments made / construction
in progress
EUR 522,439.02
Financial assets
EUR 30,049,307.27
Shares in participations /
subsidiaries and the like
EUR 27,550,482.95
Loans to participations /
subsidiaries and the like
EUR 2,498,824.32
Current assets
EUR 144,161,448.13
Stocks
EUR 9,828,341.38
Raw materials, consumables and
supplies
EUR 5,861,072.79
Finished goods / work in progress
EUR 3,967,268.59
Accounts receivable
EUR 88,986,560.85
Trade debtors
EUR 2,351,053.33
Amounts due from related companies
EUR 84,900,138.50
Other debtors and assets
EUR 1,735,369.02
Investments in current assets
EUR 1,226,250.00
Other investments
EUR 1,226,250.00
Liquid means
EUR 44,120,295.90
Remaining other assets
EUR 111,797.29
Accruals (assets)
EUR 111,797.29
LIABILITIES EUR
180,397,084.82
Shareholders' equity
EUR 80,615,503.64
Capital
EUR 3,835,000.00
Subscribed capital (share capital)
EUR 3,835,000.00
Balance sheet profit/loss (+/-)
EUR 76,780,503.64
Balance sheet profit / loss
EUR 76,780,503.64
Provisions
EUR 15,975,870.00
Pension provisions and comparable
provisions
EUR 4,621,612.00
Other / unspecified provisions
EUR 11,354,258.00
Liabilities
EUR 83,345,174.68
Other liabilities
EUR 83,345,174.68
Trade creditors (for IAS incl. bills
of exchange)
EUR 4,782,181.39
Liabilities from received advance
payments
EUR 1,203.27
Liabililties due to related companiesEUR 69,651,753.89
Unspecified other liabilities
EUR 8,910,036.13
thereof liabilities from tax /
financial authorities
EUR 357,909.69
Other liabilities
EUR 460,536.50
Deferrals (liabilities)
EUR 460,536.50
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales
EUR 178,719,432.16
Inventory change + own costs (+/-)
EUR -94,515.87
Inventory change (+/-) EUR -101,535.22
Capitalised own costs
EUR 7,019.35
Other operating income
EUR 1,836,122.11
Cost of materials
EUR 79,971,011.21
Raw materials and supplies, purchased
goods
EUR 78,958,155.44
Purchased services
EUR 1,012,855.77
Gross result (+/-)
EUR 100,490,027.19
Staff
expenses EUR 32,977,119.17
Wages and salaries
EUR 28,840,254.74
Social security contributions and
expenses for pension plans and
benefits
EUR 4,136,864.43
Total depreciation
EUR 1,402,249.93
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,402,249.93
Other operating expenses EUR 21,953,304.16
Operating result from continuing
operations
EUR 44,157,353.93
Result from participating interests
(+/-)
EUR 5,566,578.63
Expenses / income from participations EUR 5,566,578.63
Income from transfer of profits
EUR 4,423,722.22
Income from related companies
EUR 1,142,856.41
Expenses for the transfer of losses
EUR 401,997.06
Interest result (+/-)
EUR 252,675.75
Interest and similar income
EUR 736,582.64
Interest and similar expenses
EUR 483,906.89
Other financial result
EUR -31,170.00
Depreciation on financial assets and
marketable securities
EUR 31,170.00
Financial result (+/-)
EUR 5,386,087.32
Result from ordinary operations (+/-)
EUR 49,543,441.25
Other
taxes / refund of taxes EUR -20,899.94
Tax
(+/-)
EUR -20,899.94
Annual surplus / annual deficit
EUR 49,522,541.31
Type
of balance
sheet: Company balance sheet
Origin of the present
balance sheet: self-disclosure
Financial year: 01.01.2015 - 31.12.2015
ASSETS EUR 192,012,637.40
Fixed assets
EUR 32,247,095.44
Intangible assets
EUR 5,638,998.75
Concessions, licences, rights
EUR 5,638,998.75
Tangible assets
EUR 1,861,334.33
Land / similar rights
EUR 1,315,344.29
Advance payments made / construction
in progress
EUR 545,990.04
Financial assets
EUR 24,746,762.36
Shares in participations /
subsidiaries and the like
EUR 22,251,879.94
Loans to participations /
subsidiaries and the like
EUR 2,494,882.42
Current assets
EUR 159,253,351.95
Stocks
EUR 10,535,259.24
Raw
materials, consumables and
supplies
EUR 5,538,276.83
Finished goods / work in progress
EUR 4,826,338.31
Advance payments made
EUR 170,644.10
Accounts receivable EUR 88,129,852.72
Trade debtors
EUR 3,016,991.64
Amounts due from related companies
EUR 74,834,647.85
Other debtors and assets
EUR 10,278,213.23
Investments in current assets
EUR 4,274,620.00
Other investments
EUR 4,274,620.00
Liquid means
EUR 56,313,619.99
Remaining other assets
EUR 512,190.01
Accruals (assets)
EUR 512,190.01
LIABILITIES EUR 192,012,637.40
Shareholders' equity
EUR 80,615,503.64
Capital
EUR 3,835,000.00
Subscribed capital (share capital)
EUR 3,835,000.00
Balance sheet profit/loss (+/-)
EUR 76,780,503.64
Balance sheet profit / loss
EUR 76,780,503.64
Provisions
EUR 13,668,319.00
Pension provisions and comparable
provisions
EUR 4,472,126.00
Other / unspecified provisions
EUR 9,196,193.00
Liabilities
EUR 97,038,010.01
Other liabilities
EUR 97,038,010.01
Trade creditors (for IAS incl. bills
of exchange)
EUR 4,621,027.45
Liabilities from received advance
payments EUR 4,361.06
Liabililties due to related companiesEUR 82,945,133.90
Unspecified other liabilities
EUR 9,467,487.60
thereof liabilities from tax /
financial authorities
EUR 314,265.62
Other liabilities
EUR 690,804.75
Deferrals (liabilities)
EUR 690,804.75
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 156,047,427.31
Inventory change + own costs (+/-)
EUR 223,997.63
Inventory change (+/-)
EUR 142,106.02
Capitalised own costs
EUR 81,891.61
Other operating income
EUR 7,020,788.05
Cost of materials
EUR 72,734,674.64
Raw materials and supplies, purchased
goods
EUR 71,978,279.81
Purchased services EUR 756,394.83
Gross result (+/-)
EUR 90,557,538.35
Staff expenses
EUR 29,476,123.91
Wages and salaries
EUR 25,280,119.73
Social security contributions and
expenses for pension plans and
benefits
EUR 4,196,004.18
Total depreciation
EUR 1,402,249.93
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,402,249.93
Other operating expenses
EUR 20,112,699.16
Operating result from continuing
operations
EUR 39,566,465.35
Result from participating interests
(+/-)
EUR 5,659,972.23
Expenses / income from participations EUR 4,623,415.96
Income from transfer of profits
EUR 3,578,430.94
Income from related companies
EUR 1,044,985.02
Income / expenses from corporation tax
/
income tax (+/-)
EUR 1,036,556.27
Expenses for the transfer of losses
EUR 5,284.26
Interest result (+/-)
EUR -621,463.73
Interest and similar expenses
EUR 621,463.73
Other financial result
EUR -3,851,215.95
Depreciation on financial assets and
marketable securities
EUR 3,851,215.95
Financial result (+/-)
EUR 1,182,008.29
Result from ordinary operations (+/-)
EUR 40,748,473.64
Expenses for transfer of profits to a
parent company
EUR 40,779,316.09
Income
tax / refund of income tax (+/-)EUR
45,242.40
Other taxes / refund of taxes
EUR -14,399.95
Tax
(+/-)
EUR 30,842.45
Annual surplus / annual deficit
EUR 0.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.04 |
|
|
1 |
INR 92.28 |
|
Euro |
1 |
INR 80.62 |
|
Euro |
1 |
INR 80.14 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
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.