MIRA INFORM REPORT

 

 

Report No. :

510469

Report Date :

24.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

O.R. LASERTECHNOLOGIE GMBH

 

 

Registered Office :

Dieselstr. 15, D 64807 Dieburg

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

1997

 

 

Com. Reg. No.:

HRB 33780

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

·         Manufacture of optical instruments and photographic equipment

·         Manufacture of other general-purpose machinery

·         Wholesale of other equipment and accessories for machinery and technical supplies

·         Engineering activities in the field of technical sectoral planning and engineering design

 

 

No. of Employees :

60

 

 

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

Acceptable Risk

Business dealings permissible with moderate risk of default

 

Status :

Good

 

 

Payment Behaviour :

No Complaints

 

 

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 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

 

 

Company name & address

 

O.R. LASERTECHNOLOGIE GMBH

 

Company Status:          active

                                    Dieselstr. 15

                                    D 64807 Dieburg

                                    Telephone:06071/209890

                                    Telefax:  06071/2098999

                                    Homepage: www.or-laser.com

                                    E-mail:   info@or-laser.de

 

VAT no.:                       DE189669036

 

LEGAL FORM           Private Limited Company

Date of foundation:  1997

Shareholders'

agreement:           20.06.1997

Registered on:       28.07.2006

Commercial Register: Local court 64283 Darmstadt

under:               HRB 33780

 

Share capital:                          EUR             25,564.59

 

Shareholder:

                     Coherent Holding BV & Co. KG

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Ltd partnership w.foreign

                     priv.ltd.comp. as General Partner

                     Total cap.         EUR          1,737,288.00

                     contribution:

                     Share:             EUR             25,564.59

                     Registered on: 19.07.2017

                     Reg. data: 64283 Darmstadt, HRA 85923

Manager:

                     Franz Josef Walenski

                     D 63791 Karlstein

                     born: 23.11.1954

Manager:

                     Uri Resnik

                     D 60600 Frankfurt

                     born: 28.06.1974

Manager:

                     Bret DiMarco

                     USA  Redwood City

                     born: 16.05.1968

                     Nationality: USA

Manager:

                     Daniel Hunter

                     USA  San Jose, CA 95125

                     born: 08.06.1959

                     Nationality: USA

Manager:

                     Mitchell Arnold McPeek

                     USA CA 94566 Pleasanton

                     born: 11.06.1960

                     Nationality: USA

 

Further functions/participations of Franz Josef Walenski

(Manager)

Manager:

                     ROFIN-SINAR Laser GmbH

                     Berzeliusstr. 87

                     D 22113 Hamburg

                     Post Box:

                     74 03 60

                     Legal form: Private limited company

                     Share capital:     EUR          2,114,700.00

                     Registered

                     on:         22.12.1975

                     Reg. data:  20355 Hamburg, HRB 18044

Manager:

                     PMB Elektronik GmbH

                     Leutstettener Str. 28

                     D 82319 Starnberg

                     Legal form: Private limited company

                     Share capital:     EUR             42,500.00

                     Registered

                     on:         21.10.2008

                     Reg. data:  80333 München, HRB 175807

Manager:

                     Coherent Shared Services B.V., Niederlassung

                     Dieburg

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Branch of a private limited

                                 company under foreign law

                     Share capital:     EUR                100.00

                     Registered

                     on:         05.05.2017

                     Reg. data:  64283 Darmstadt, HRB 96606

Manager:

                     WB-PRC Laser Service GmbH

                     Münchner Str. 15b

                     D 85604 Zorneding

                     Legal form: Private limited company

                     Share capital:     EUR            335,000.00

                     Registered

                     on:         14.09.1982

                     Reg. data:  80333 München, HRB 69176

Manager:

                     Coherent Real Estate GmbH

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         21.07.2016

                     Reg. data:  64283 Darmstadt, HRB 95636

Manager:

                     Coherent (Deutschland) GmbH

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Private limited company

                     Share capital:     EUR         15,000,000.00

                     Registered

                     on:         06.11.1996

                     Reg. data:  64283 Darmstadt, HRB 32871

Manager:

                     RASANT-ALCOTEC Beschichtungstechnik GmbH

                     Berzeliusstr. 87

                     D 22113 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR            137,281.87

                     Registered

                     on:         25.06.1998

                     Reg. data:  20355 Hamburg, HRB 67794

Manager:

                     Coherent Gesellschaft mit beschränkter

                     Haftung

                     Freiherr-vom-Stein-Str. 24-26

                     D 60323 Frankfurt

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.59

                     Registered

                     on:         21.08.1995

                     Reg. data:  60313 Frankfurt, HRB 40360

Manager:

                     Baasel Lasermed GmbH

                     Zeppelinstr. 10

                     D 82205 Gilching

                     Legal form: Private limited company

                     Share capital:     EUR             30,000.00

                     Registered

                     on:         08.10.2001

                     Reg. data:  80333 München, HRB 139277

Manager:

                     CBL Verwaltungsgesellschaft mbH

                     Zeppelinstr. 10

                     D 82205 Gilching

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         10.07.2001

                     Reg. data:  80333 München, HRB 138015

Manager:

                     DILAS Diodenlaser GmbH

                     Galileo-Galilei-Str. 10

                     D 55129 Mainz

                     Legal form: Private limited company

                     Share capital:     EUR             33,500.00

                     Registered

                     on:         21.01.2016

                     Reg. data:  55116 Mainz, HRB 46573

Manager:

                     Coherent Kaiserslautern GmbH

                     Opelstr. 10

                     D 67661 Kaiserslautern

                     Legal form: Private limited company

                     Share capital:     EUR             52,000.00

                     Registered

                     on:         28.08.2000

                     Reg. data:  67655 Kaiserslautern, HRB 3590

 

Further functions/participations of Bret DiMarco (Manager)

Manager:

                     ROFIN-SINAR Laser GmbH

                     Berzeliusstr. 87

                     D 22113 Hamburg

                     Post Box:

                     74 03 60

                     Legal form: Private limited company

                     Share capital:     EUR          2,114,700.00

                     Registered

                     on:         22.12.1975

                     Reg. data:  20355 Hamburg, HRB 18044

Manager:

                     Coherent GmbH

                     Hans-Böckler-Str. 12

                     D 37079 Göttingen

                     Post Box:

                     26 63, D 37016 Göttingen

                     Legal form: Private limited company

                     Share capital:     EUR         13,300,000.00

                     Registered

                     on:         06.07.2005

                     Reg. data:  37073 Göttingen, HRB 4164

Manager:

                     Coherent Shared Services B.V., Niederlassung

                     Dieburg

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Branch of a private limited

                                 company under foreign law

                     Share capital:     EUR                100.00

                     Registered

                     on:         05.05.2017

                     Reg. data:  64283 Darmstadt, HRB 96606

Manager:

                     WB-PRC Laser Service GmbH

                     Münchner Str. 15b

                     D 85604 Zorneding

                     Legal form: Private limited company

                     Share capital:     EUR            335,000.00

                     Registered

                     on:         14.09.1982

                     Reg. data:  80333 München, HRB 69176

Manager:

                     PMB Elektronik GmbH

                     Leutstettener Str. 28

                     D 82319 Starnberg

                     Legal form: Private limited company

                     Share capital:     EUR             42,500.00

                     Registered

                     on:         21.10.2008

                     Reg. data:  80333 München, HRB 175807

Manager:

                     Coherent Real Estate GmbH

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         21.07.2016

                     Reg. data:  64283 Darmstadt, HRB 95636

Manager:

                     Coherent (Deutschland) GmbH

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Private limited company

                     Share capital:     EUR         15,000,000.00

                     Registered

                     on:         06.11.1996

                     Reg. data:  64283 Darmstadt, HRB 32871

Manager:

                     RASANT-ALCOTEC Beschichtungstechnik GmbH

                     Berzeliusstr. 87

                     D 22113 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR            137,281.87

                     Registered

                     on:         25.06.1998

                     Reg. data:  20355 Hamburg, HRB 67794

Manager:

                     Baasel Lasermed GmbH

                     Zeppelinstr. 10

                     D 82205 Gilching

                     Legal form: Private limited company

                     Share capital:     EUR             30,000.00

                     Registered

                     on:         08.10.2001

                     Reg. data:  80333 München, HRB 139277

Manager:

                     CBL Verwaltungsgesellschaft mbH

                     Zeppelinstr. 10

                     D 82205 Gilching

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         10.07.2001

                     Reg. data:  80333 München, HRB 138015

Manager:

                     DILAS Diodenlaser GmbH

                     Galileo-Galilei-Str. 10

                     D 55129 Mainz

                     Legal form: Private limited company

                     Share capital:     EUR             33,500.00

                     Registered

                     on:         21.01.2016

                     Reg. data:  55116 Mainz, HRB 46573

Manager:

                     Coherent Kaiserslautern GmbH

                     Opelstr. 10

                     D 67661 Kaiserslautern

                     Legal form: Private limited company

                     Share capital:     EUR             52,000.00

                     Registered

                     on:         28.08.2000

                     Reg. data:  67655 Kaiserslautern, HRB 3590

 

Further functions/participations of Daniel Hunter (Manager)

Manager:

                     ROFIN-SINAR Laser GmbH

                     Berzeliusstr. 87

                     D 22113 Hamburg

                     Post Box:

                     74 03 60

                     Legal form: Private limited company

                     Share capital:     EUR          2,114,700.00

                     Registered

                     on:         22.12.1975

                     Reg. data:  20355 Hamburg, HRB 18044

Manager:

                     Coherent GmbH

                     Hans-Böckler-Str. 12

                     D 37079 Göttingen

                     Post Box:

                     26 63, D 37016 Göttingen

                     Legal form: Private limited company

                     Share capital:     EUR         13,300,000.00

                     Registered

                     on:         06.07.2005

                     Reg. data:  37073 Göttingen, HRB 4164

Manager:

                     Coherent Shared Services B.V., Niederlassung

                     Dieburg

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Branch of a private limited

                                 company under foreign law

                     Share capital:     EUR                100.00

                     Registered

                     on:         05.05.2017

                     Reg. data:  64283 Darmstadt, HRB 96606

Manager:

                     WB-PRC Laser Service GmbH

                     Münchner Str. 15b

                     D 85604 Zorneding

                     Legal form: Private limited company

                     Share capital:     EUR            335,000.00

                     Registered

                     on:         14.09.1982

                     Reg. data:  80333 München, HRB 69176

Manager:

                     PMB Elektronik GmbH

                     Leutstettener Str. 28

                     D 82319 Starnberg

                     Legal form: Private limited company

                     Share capital:     EUR             42,500.00

                     Registered

                     on:         21.10.2008

                     Reg. data:  80333 München, HRB 175807

Manager:

                     Coherent Real Estate GmbH

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         21.07.2016

                     Reg. data:  64283 Darmstadt, HRB 95636

Manager:

                     Coherent (Deutschland) GmbH

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Private limited company

                     Share capital:     EUR         15,000,000.00

                     Registered

                     on:         06.11.1996

                     Reg. data:  64283 Darmstadt, HRB 32871

Manager:

                     RASANT-ALCOTEC Beschichtungstechnik GmbH

                     Berzeliusstr. 87

                     D 22113 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR            137,281.87

                     Registered

                     on:         25.06.1998

                     Reg. data:  20355 Hamburg, HRB 67794

Manager:

                     Baasel Lasermed GmbH

                     Zeppelinstr. 10

                     D 82205 Gilching

                     Legal form: Private limited company

                     Share capital:     EUR             30,000.00

                     Registered

                     on:         08.10.2001

                     Reg. data:  80333 München, HRB 139277

Manager:

                     CBL Verwaltungsgesellschaft mbH

                     Zeppelinstr. 10

                     D 82205 Gilching

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         10.07.2001

                     Reg. data:  80333 München, HRB 138015

Manager:

                     DILAS Diodenlaser GmbH

                     Galileo-Galilei-Str. 10

                     D 55129 Mainz

                     Legal form: Private limited company

                     Share capital:     EUR             33,500.00

                     Registered

                     on:         21.01.2016

                     Reg. data:  55116 Mainz, HRB 46573

Manager:

                     Coherent Kaiserslautern GmbH

                     Opelstr. 10

                     D 67661 Kaiserslautern

                     Legal form: Private limited company

                     Share capital:     EUR             52,000.00

                     Registered

                     on:         28.08.2000

                     Reg. data:  67655 Kaiserslautern, HRB 3590

 

Further functions/participations of Mitchell Arnold McPeek

(Manager)

Manager:

                     ROFIN-SINAR Laser GmbH

                     Berzeliusstr. 87

                     D 22113 Hamburg

                     Post Box:

                     74 03 60

                     Legal form: Private limited company

                     Share capital:     EUR          2,114,700.00

                     Registered

                     on:         22.12.1975

                     Reg. data:  20355 Hamburg, HRB 18044

Manager:

                     Coherent GmbH

                     Hans-Böckler-Str. 12

                     D 37079 Göttingen

                     Post Box:

                     26 63, D 37016 Göttingen

                     Legal form: Private limited company

                     Share capital:     EUR         13,300,000.00

                     Registered

                     on:         06.07.2005

                     Reg. data:  37073 Göttingen, HRB 4164

Manager:

                     WB-PRC Laser Service GmbH

                     Münchner Str. 15b

                     D 85604 Zorneding

                     Legal form: Private limited company

                     Share capital:     EUR            335,000.00

                     Registered

                     on:         14.09.1982

                     Reg. data:  80333 München, HRB 69176

Manager:

                     PMB Elektronik GmbH

                     Leutstettener Str. 28

                     D 82319 Starnberg

                     Legal form: Private limited company

                     Share capital:     EUR             42,500.00

                     Registered

                     on:         21.10.2008

                     Reg. data:  80333 München, HRB 175807

Manager:

                     Coherent Real Estate GmbH

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         21.07.2016

                     Reg. data:  64283 Darmstadt, HRB 95636

Manager:

                     Coherent (Deutschland) GmbH

                     Dieselstr. 5b

                     D 64807 Dieburg

                     Legal form: Private limited company

                     Share capital:     EUR         15,000,000.00

                     Registered

                     on:         06.11.1996

                     Reg. data:  64283 Darmstadt, HRB 32871

Manager:

                     RASANT-ALCOTEC Beschichtungstechnik GmbH

                     Berzeliusstr. 87

                     D 22113 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR            137,281.87

                     Registered

                     on:         25.06.1998

                     Reg. data:  20355 Hamburg, HRB 67794

Manager:

                     Baasel Lasermed GmbH

                     Zeppelinstr. 10

                     D 82205 Gilching

                     Legal form: Private limited company

                     Share capital:     EUR             30,000.00

                     Registered

                     on:         08.10.2001

                     Reg. data:  80333 München, HRB 139277

Manager:

                     CBL Verwaltungsgesellschaft mbH

                     Zeppelinstr. 10

                     D 82205 Gilching

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         10.07.2001

                     Reg. data:  80333 München, HRB 138015

Manager:

                     DILAS Diodenlaser GmbH

                     Galileo-Galilei-Str. 10

                     D 55129 Mainz

                     Legal form: Private limited company

                     Share capital:     EUR             33,500.00

                     Registered

                     on:         21.01.2016

                     Reg. data:  55116 Mainz, HRB 46573

Manager:

                     Coherent Germany GmbH

                     Hans-Böckler-Str. 12

                     D 37079 Göttingen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         19.03.2013

                     Reg. data:  37073 Göttingen, HRB 203965

Manager:

                     Coherent Kaiserslautern GmbH

                     Opelstr. 10

                     D 67661 Kaiserslautern

                     Legal form: Private limited company

                     Share capital:     EUR             52,000.00

                     Registered

                     on:         28.08.2000

                     Reg. data:  67655 Kaiserslautern, HRB 3590

 

 

COMPANY HISTORY

 

company name and legal form

17.08.2004 - 2011        O.R. Lasertechnologie GmbH

                         Güterstr. 7

                         D 64807 Dieburg

                         Private limited company

20.06.1997 - 17.08.2004  O.R. Lasertechnologie GmbH

                         Senefelderstr. 5d

                         D 65205 Wiesbaden

                         Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

06.11.1997 - 13.03.2018  Manager

                         Yhushua Resnik

                         Senefelderstr. 5d

                         D 65205 Wiesbaden

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

26700   Manufacture of optical instruments and photographic equipment

28290   Manufacture of other general-purpose machinery

46693   Wholesale of other equipment and accessories for machinery and technical supplies

71122   Engineering activities in the field of technical sectoral planning and engineering design

 

 

 

FINANCIAL INFORMATION

 

Payment experience:  No Complaints

 

Negative information: We have no negative information at hand.

 

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).

 

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address              Dieselstr. 15

                     D 64807 Dieburg

 

Land register documents were not available.

 

 

BANKERS

 

Principal banks

SPARKASSE DIEBURG, 64807 DIEBURG

Sort. code: 50852651

BIC: HELADEF1DIE

COMMERZBANK VORMALS DRESDNER BANK, 60613 FRANKFURT AM MAIN

Sort. code: 50080000

BIC: DRESDEFFXXX

 

 

FINANCIAL FIGURES

 

Turnover:            2017              *EUR          8,700,000.00

Profit:              2016               EUR            412,370.00

further business figures:

Ac/ts receivable:                       EUR          2,902,125.00

Liabilities:                            EUR          2,215,268.00

Employees:                                                     60

 

The business figures marked with an asterisk are estimates based

 on average values in the line of business.

 

 

BALANCE SHEETS

 

Balance sheet ratios 01.01.2016 - 31.12.2016

Equity ratio [%]:                 53.56

Liquidity ratio:                   1.72

Return on total capital [%]:       6.92

 

Balance sheet ratios 01.01.2015 - 31.12.2015

Equity ratio [%]:                 54.87

Liquidity ratio:                   1.37

Return on total capital [%]:       5.76

 

Balance sheet ratios 01.01.2014 - 31.12.2014

Equity ratio [%]:                 58.39

Liquidity ratio:                   1.70

Return on total capital [%]:       0.17

 

Balance sheet ratios 01.01.2013 - 31.12.2013

Equity ratio [%]:                 70.53

Liquidity ratio:                   3.14

Return on total capital [%]:      13.58

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:      01.01.2016 - 31.12.2016

 

ASSETS                                  EUR          5,971,386.43

 Fixed assets                           EUR          1,809,449.00

  Intangible assets                     EUR             28,825.00

  Tangible assets                       EUR            708,116.00

  Financial assets                      EUR          1,072,508.00

 Current assets                         EUR          4,096,189.21

  Stocks                                EUR            670,119.00

  Accounts receivable                   EUR          2,902,124.65

  Liquid means                          EUR            523,945.56

 Remaining other assets                 EUR             65,748.22

  Accruals (assets)                     EUR             65,748.22

 

LIABILITIES                             EUR          5,971,386.43

 Shareholders' equity                   EUR          3,204,873.50

  Capital                               EUR             25,564.59

   Subscribed capital (share capital)   EUR             25,564.59

  Balance sheet profit/loss (+/-)       EUR          3,179,308.91

   Profit / loss brought forward        EUR          2,766,938.78

   Annual surplus / annual deficit      EUR            412,370.13

 Provisions                             EUR            551,244.67

 Liabilities                            EUR          2,215,268.26

 

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          5,066,956.16

 Fixed assets                           EUR          1,940,261.00

  Intangible assets                     EUR             54,227.00

  Tangible assets                       EUR            833,334.00

  Financial assets                      EUR          1,052,700.00

 Current assets                         EUR          3,079,245.22

  Stocks                                EUR            502,275.50

  Accounts receivable                   EUR          2,228,846.09

  Liquid means                          EUR            348,123.63

 Remaining other assets                 EUR             47,449.94

  Accruals (assets)                     EUR             47,449.94

 

LIABILITIES                             EUR          5,066,956.16

 Shareholders' equity                   EUR          2,792,503.37

  Capital                               EUR             25,564.59

   Subscribed capital (share capital)   EUR             25,564.59

  Balance sheet profit/loss (+/-)       EUR          2,766,938.78

   Profit / loss brought forward        EUR          2,476,491.87

   Annual surplus / annual deficit      EUR            290,446.91

 Provisions                             EUR            303,841.07

 Liabilities                            EUR          1,970,611.72

 

 

 

 

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 68.21

UK Pound

1

INR 91.43

Euro

1

INR 80.24

EUR

1

INR 80.26

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

VAR

 

 

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.