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MIRA INFORM REPORT
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Report No. : |
511561 |
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Report Date : |
29.05.2018 |
IDENTIFICATION DETAILS
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Name : |
SAARSTAHL
AKTIENGESELLSCHAFT |
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Registered Office : |
Bismarckstr.
57-59 D 66333 Völklingen |
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Country : |
Germany |
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Financials (as on) : |
31.12.2016 |
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Date of Incorporation : |
06.06.1989 |
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Com. Reg. No.: |
HRB 74820 |
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Legal Form : |
Public Limited Company |
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Line of Business : |
Subject is engaged in Manufacture of basic iron, steel and
ferro-alloys. |
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No. of Employees : |
4,292 |
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 |
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Status : |
Good |
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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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
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 |
Company
name and address
Saarstahl
Aktiengesellschaft
Company
Status: active
Bismarckstr. 57-59
D 66333 Völklingen
Telephone:06898/100
Telefax:
06898/104001
Homepage: www.saarstahl.com
E-mail:
saarstahl@saarstahl.com
VAT
no.: DE811121414
LEGAL
FORM Public limited company
Registered
on: 06.06.1989
Commercial
Register: Local court 66121 Saarbrücken
under: HRB
74820
Share
capital: EUR 200,000,000.00
Shareholder:
Aktien-Gesellschaft der
Dillinger
Hüttenwerke (Société
Anonyme des Forges et
Aciéries de Dilling)
Werkstr. 1
D 66763 Dillingen
Post Box:
15 89, D 66748 Dillingen
Legal form: Public limited
company
Share capital: EUR
178,500,000.00
Share: 25.100 %
Registered on: 18.03.1862
Reg. data: 66121
Saarbrücken, HRB 23001
Shareholder:
SHS - Stahl-Holding-Saar
GmbH & Co. KGaA
Werkstr. 1
D 66763 Dillingen
Legal form: Partnership
limited by shares
Share capital: EUR 100,000.00
Share: 74.900 %
Registered on: 25.10.2001
Reg. data: 66121
Saarbrücken, HRB 26590
Control agreement
Member
of the Board of Directors:
Fred Metzken
Jakobstr. 15
D 66589 Merchweiler
born: 04.08.1955
Profession: Fully
qualified management
expert
Marital status: unknown
Member
of the Board of Directors:
Peter Schweda
D 66740 Saarlouis
born: 22.01.1958
Profession: Businessman
Marital status: unknown
Member
of the Board of Directors:
Martin Baues
Jupiterstr. 30
D 66333 Völklingen
authorized to jointly represent the company
born: 10.03.1960
Member
of the Board of Directors:
Dr. Klaus Richter
D 66663 Merzig
born: 10.04.1960
President
of the Supervisory Board:
Dr. Michael H. Müller
Bismarckstr. 57-59
D 66333 Völklingen
born: 09.10.1954
Profession: Solicitor
Vice-president
of the Supervisory Board:
Reinhard Störmer
D 66333 Völklingen
born: 27.11.1946
Profession: Businessman
Member
of the Supervisory Board:
Robert Hiry
D 66780 Rehlingen-Siersburg
Profession: Electrician
specialised in
high-voltage
Marital status: unknown
Member
of the Supervisory Board:
Katja Weber
Rudolf-Epp-Str. 48
D 69412 Eberbach
born: 10.05.1972 in
Datteln
née: Seizinger
Marital status: married
Member
of the Supervisory Board:
Stephan Ahr
D 66333 Völklingen
Member
of the Supervisory Board:
Markus Menges
D 69412 Eberbach
Member
of the Supervisory Board:
Jörg Köhlinger
D 60306 Frankfurt
Member
of the Supervisory Board:
Aribert Becker
D 21385 Rehlingen
Marital status: unknown
Member
of the Supervisory Board:
Angelo Stagno
D 66111 Saarbrücken
Marital status: unknown
Member
of the Supervisory Board:
Elke Hannack
Henriette-Herz-Platz 2
D 10178 Berlin
born: 23.09.1961 in
Gladbeck
Profession: Trade unionist
Marital status: married
Member
of the Supervisory Board:
Antje Otto
D 66386 St. Ingbert
Profession: Solicitor
Marital status: unknown
Member
of the Supervisory Board:
Joachim Braun
F 57050 Le Ban St. Martin
Nationality: French
Marital status: unknown
Member
of the Supervisory Board:
Nadine Daniela Kliebhan
D 66557 Illingen
Marital status: unknown
Member
of the Supervisory Board:
Jörg Piro
D 66606 St. Wendel
Marital status: unknown
Representative
of the Employees within the Supervisory Board:
Erich Wilke
D 65812 Bad Soden
Proxy:
Dr. jur. Thomas Jean
Berrang
D 66292 Riegelsberg
authorized to jointly represent the company
born: 22.04.1960
Profession: Solicitor
Proxy:
Jürgen Scheer
D 66640 Namborn
authorized to jointly
represent the company
born: 11.10.1956
Proxy:
Carsten Kai Bäcker
D 66130 Saarbrücken
authorized to jointly
represent the company
born: 15.08.1967
Proxy:
Markus Franz Josef Lauer
D 66111 Saarbrücken
authorized to jointly
represent the company
born: 17.06.1969
Proxy:
Jean-Paul Timmerman
D 66111 Saarbrücken
authorized to jointly
represent the company
born: 06.09.1958
Proxy:
Gerd Becker
D 66346 Püttlingen
authorized to jointly represent
the company
born: 04.02.1962
Proxy:
Frank Brauer
F Schwerdorff
authorized to jointly
represent the company
born: 19.05.1967
Nationality: French
Proxy:
Dr. Bernd Münnich
D 66798 Wallerfangen
authorized to jointly
represent the company
born: 17.11.1962
Proxy:
Walter Pressmann
D 66111 Saarbrücken
authorized to jointly
represent the company
born: 11.02.1950
Proxy:
Thomas Engel
F Spicherern
authorized to jointly
represent the company
born: 13.09.1966
Nationality: French
Proxy:
Jörg Disteldorf
D 66693 Mettlach
authorized to jointly represent
the company
born: 22.10.1977
Proxy:
Uwe Schnur
D 66649 Oberthal
authorized to jointly
represent the company
born: 01.12.1970
Further
functions/participations of Fred Metzken (Member of the
Board
of Directors)
Manager:
VAV-Vermögensverwaltung
GmbH
Werkstr. 1
D 66763 Dillingen
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 17.11.2004
Reg. data: 66121 Saarbrücken, HRB 14705
Manager:
SHS - Stahl-Holding-Saar
Verwaltungsgesellschaft
mbH
Werkstr. 1
D 66763 Dillingen
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 12.07.2001
Reg. data: 66121 Saarbrücken, HRB 26547
Manager:
GAL Zentralkokerei Saar
Besitzgesellschaft
mbH
Beteiligungsgesellschaft
Werkstr. 1
D 66763 Dillingen
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 20.07.1981
Reg. data: 66121 Saarbrücken, HRB 24150
Manager:
SHS -
Struktur-Holding-Stahl
Beteiligungsgesellschaft
mbH
Bismarckstr. 57
D 66333 Völklingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 14.05.2009
Reg. data: 66121 Saarbrücken, HRB 17798
Member
of the Board of Directors:
Aktien-Gesellschaft der
Dillinger
Hüttenwerke (Société
Anonyme des Forges et
Aciéries de Dilling)
Werkstr. 1
D 66763 Dillingen
Post Box:
15 89, D 66748 Dillingen
Legal form: Public limited
company
Share capital: EUR
178,500,000.00
Registered
on: 18.03.1862
Reg. data: 66121 Saarbrücken, HRB 23001
Member
of the Board of Directors:
DHS-Dillinger Hütte
Saarstahl AG
Werkstr. 1
D 66763 Dillingen
Post Box:
11 05, D 66744 Dillingen
Legal form: Public limited
company
Share capital: EUR
180,000,000.00
Registered
on: 15.06.1989
Reg. data: 66121 Saarbrücken, HRB 24874
Member
of the Board of Directors:
Verband der Saarhütten
Harthweg 15
D 66119 Saarbrücken
Post Box:
65 04 28, D 66143
Saarbrücken
Legal form: Other legal
form
Reg. data: 66121 Saarbrücken,
Member
of the Supervisory Board:
Jebens GmbH
Daimlerstr. 35-37
D 70825 Korntal-Münchingen
Legal form: Private
limited company
Share capital: EUR 7,669,378.22
Registered
on: 13.11.1963
Reg. data: 70190 Stuttgart, HRB 200637
Member
of the Supervisory Board:
Saarschmiede GmbH
Freiformschmiede
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Share capital: EUR
50,000,000.00
Registered
on: 28.07.1993
Reg. data: 66121 Saarbrücken, HRB 75004
Further
functions/participations of Peter Schweda (Member of the
Board
of Directors)
Manager:
Saarschmiede GmbH
Freiformschmiede
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private limited
company
Share capital: EUR
50,000,000.00
Registered
on: 28.07.1993
Reg. data: 66121 Saarbrücken, HRB 75004
Manager:
SHS - Stahl-Holding-Saar
Verwaltungsgesellschaft
mbH
Werkstr. 1
D 66763 Dillingen
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 12.07.2001
Reg. data: 66121 Saarbrücken, HRB 26547
Member
of the Board of Directors:
Aktien-Gesellschaft der
Dillinger
Hüttenwerke (Société Anonyme des Forges et
Aciéries de Dilling)
Werkstr. 1
D 66763 Dillingen
Post Box:
15 89, D 66748 Dillingen
Legal form: Public limited
company
Share capital: EUR
178,500,000.00
Registered
on: 18.03.1862
Reg. data: 66121 Saarbrücken, HRB 23001
Member
of the Board of Directors:
DHS-Dillinger Hütte
Saarstahl AG
Werkstr. 1
D 66763 Dillingen
Post Box:
11 05, D 66744 Dillingen
Legal form: Public limited
company
Share capital: EUR
180,000,000.00
Registered
on: 15.06.1989
Reg. data: 66121 Saarbrücken, HRB 24874
Member
of the Supervisory Board:
ROGESA
Roheisengesellschaft Saar mit
beschränkter Haftung
Werkstr. 1
D 66763 Dillingen
Legal form: Private
limited company
Share capital: EUR
15,338,756.44
Registered
on: 21.12.1978
Reg. data: 66121 Saarbrücken, HRB 24162
Further
functions/participations of Martin Baues (Member of the
Board
of Directors)
Manager:
Saarstahl-Vermögensverwaltung GmbH
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Share capital: EUR
5,113,000.00
Registered
on: 12.09.1996
Reg. data: 66121 Saarbrücken, HRB 75164
Manager:
FORGE Saar GmbH
Werkstr. 1
D 66763 Dillingen
Legal form: Private
limited company
Share capital: EUR 100,000.00
Registered
on: 28.08.2007
Reg. data: 66121 Saarbrücken, HRB 16576
Manager:
SHS Services GmbH
Bismarckstr. 145
D 66333 Völklingen
Post Box:
10 18 85
Legal form: Private
limited company
Share capital: EUR 100,000.00
Registered
on: 28.11.2003
Reg. data: 66121 Saarbrücken, HRB 14092
Manager:
Saarschmiede GmbH
Freiformschmiede
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Share capital: EUR
50,000,000.00
Registered
on: 28.07.1993
Reg. data: 66121 Saarbrücken, HRB 75004
Vice-president
of the Board of Directors:
Forschungsvereinigung
Stahlanwendung e.V.
(FOSTA), Research
Association for Steel
Application
Sohnstr. 65
D 40237 Düsseldorf
Post Box:
10 48 42, D 40039
Düsseldorf
Legal form: Registered association
Registered
on: 08.08.1968
Reg. data: 40227 Düsseldorf, VR 4732
Member
of the Board of Directors:
Verband der Saarhütten
Harthweg 15
D 66119 Saarbrücken
Post Box:
65 04 28, D 66143
Saarbrücken
Legal form: Other legal
form
Reg. data: 66121 Saarbrücken,
Member
of the Supervisory Board:
ROGESA
Roheisengesellschaft Saar mit
beschränkter Haftung
Werkstr. 1
D 66763 Dillingen
Legal form: Private
limited company
Share capital: EUR
15,338,756.44
Registered
on: 21.12.1978
Reg. data: 66121 Saarbrücken, HRB 24162
Further
functions/participations of Dr. Klaus Richter (Member of
the
Board of Directors)
Manager:
SAARSTAHL-EXPORT
Gesellschaft mit
beschränkter Haftung
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Share capital: EUR 512,000.00
Registered
on: 11.03.2016
Reg. data: 66121 Saarbrücken, HRB 103044
Member
of the Board of Directors:
Wirtschaftsvereinigung Stahl
Sohnstr. 65
D 40237 Düsseldorf
Legal form: Other legal
form
Member
of the Board of Directors:
Verband der Saarhütten
Harthweg 15
D 66119 Saarbrücken
Post Box:
65 04 28, D 66143
Saarbrücken
Legal form: Other legal
form
Reg. data: 66121 Saarbrücken,
Member
of the Supervisory Board:
Saarschmiede GmbH
Freiformschmiede
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Share capital: EUR
50,000,000.00
Registered
on: 28.07.1993
Reg. data: 66121 Saarbrücken, HRB 75004
RESIGNED
ACTING PERSONS AND SHAREHOLDERS
09.02.2011
- 28.05.2018 Vice-president of the Supervisory
Board
Henner Wittling
D 66111 Saarbrücken
11.07.2006
- 28.05.2018 Member of the Supervisory
Board
Prof.Dr. Heinz
Bierbaum
Rotenbühlerweg 14
D 66123 Saarbrücken
06.01.2004
- 28.05.2018 Member of the Supervisory
Board
Eleonore Neumann
D 66538 Neunkirchen
09.02.2011
- 07.07.2016 Vice-president of the
Supervisory Board
Armin Schild
D 60311 Frankfurt
09.02.2011
- 07.07.2016 Member of the Supervisory
Board
Michel Maulvault
D 66763 Dillingen
28.02.2012
- 11.01.2016 President of the Board of
Directors
Dr. Karlheinz Blessing
Probsteigasse 12
D 66117 Saarbrücken
BUSINESS
ACTIVITIES
Main
industrial sector
2410 Manufacture of basic iron, steel and ferro-alloys
Secondary
industrial sector
6420 Activities of holding companies
BRANCHES
AND FACTORIES
Branch:
Saarstahl
Aktiengesellschaft
Am Kohlwaldaufstieg
D 66540 Neunkirchen
TEL.: 06821-160
PARTICIPATIONS
General
partner:
Dillinger Hütte und
Saarstahl
Vermögensverwaltungs- und
Beteiligungs-OHG
Werkstr. 1
D 66763 Dillingen
Legal form: General Partnership
Company Status: active
Reg. data: 04.12.2003
Local court
66121 Saarbrücken
HRA 9297
Shareholder:
Saarschmiede GmbH
Freiformschmiede
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR
50,000,000.00
Share: EUR 49,974,000.00
Reg. data: 28.07.1993
Local court
66121 Saarbrücken
HRB 75004
Shareholder:
SAAR-BLANKSTAHL
Gesellschaft mit
beschränkter Haftung
Mainzer Str. 38
D 66424 Homburg
Post Box:
15 54
Legal form: Private limited company
Company Status: active
Share capital: EUR
12,782,500.00
Share: EUR 12,782,500.00
Reg. data: 21.07.1992
Local court
66121 Saarbrücken
HRB 3203
Shareholder:
ROGESA
Roheisengesellschaft Saar mit
beschränkter Haftung
Werkstr. 1
D 66763 Dillingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR
15,338,756.44
Share: EUR 3,757,995.33
Reg. data: 21.12.1978
Local court
66121 Saarbrücken
HRB 24162
Shareholder:
Saarstahl
Beteiligungsgesellschaft mbH
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 6,136,000.00
Share: EUR 6,136,000.00
Reg. data: 21.06.1993
Local court
66121 Saarbrücken
HRB 75000
Shareholder:
TrefilEUROPE Kalthof GmbH
Mühlenstr. 15
D 58640 Iserlohn
Legal form: Private
limited company
Company Status: active
Share capital: EUR 5,368,564.75
Share: EUR 5,368,053.46
Reg. data: 07.08.1912
Local court
58636 Iserlohn
HRB 25
Shareholder:
Saarstahl-Vermögensverwaltung
GmbH
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 5,113,000.00
Share: EUR 5,113,000.00
Reg. data: 12.09.1996
Local court
66121 Saarbrücken
HRB 75164
Shareholder:
Saar-Bandstahl GmbH
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 2,045,500.00
Share: EUR 2,045,500.00
Reg. data: 18.12.2003
Local court
66121 Saarbrücken
HRB 74647
Shareholder:
SAARSTAHL-EXPORT
Gesellschaft mit
beschränkter Haftung
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 512,000.00
Share: EUR 512,000.00
Reg. data: 11.03.2016
Local court 66121
Saarbrücken
HRB 103044
Shareholder:
Metallurgische
Gesellschaft Saar,
Gesellschaft mit
beschränkter Haftung
Im Alten Brühl 1
D 66333 Völklingen
Post Box:
10 18 70
Legal form: Private
limited company
Company Status: active
Share capital: EUR 512,000.00
Share: EUR 512,000.00
Reg. data: 09.10.1992
Local court
66121 Saarbrücken
HRB 74970
Shareholder:
Stahlguss Saar GmbH
Kahlenbergstr. 5
D 66386 St. Ingbert
Legal form: Private
limited company
Company Status: active
Share capital: EUR 500,000.00
Share: EUR 500,000.00
Reg. data: 15.04.2008
Local court
66121 Saarbrücken
HRB 16995
Shareholder:
Saar Stahlbau GmbH
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 500,000.00
Share: EUR 500,000.00
Reg. data: 06.10.2009
Local court
66121 Saarbrücken
HRB 18135
Shareholder:
Saarstahl Finanzanlagen
GmbH
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 256,000.00
Share: EUR 256,000.00
Reg. data: 28.07.1993
Local court
66121 Saarbrücken
HRB 75005
Shareholder:
Drahtwerk St. Ingbert GmbH
Alleestr. 11
D 66386 St. Ingbert
Post Box:
11 40
Legal form: Private
limited company
Company Status: active
Share capital: EUR 9,569,788.00
Share: EUR 238,288.00
Reg. data: 04.09.1972
Local court
66121 Saarbrücken
HRB 32109
Shareholder:
DWK Drahtwerk Köln GmbH
Schanzenstr. 40
D 51063 Köln
Post Box:
80 50 03
Legal form: Private limited company
Company Status: active
Share capital: EUR 4,244,071.00
Share: EUR 153,571.00
Reg. data: 14.03.1994
Local court
50939 Köln
HRB 24719
Shareholder:
FORGE Saar GmbH
Werkstr. 1
D 66763 Dillingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 100,000.00
Share: EUR 100,000.00
Reg. data: 28.08.2007
Local court 66121
Saarbrücken
HRB 16576
Shareholder:
45. Saarstahl-
Beteiligungsgesellschaft mbH
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private limited
company
Company Status: active
Share capital: EUR 100,000.00
Share: EUR 100,000.00
Reg. data: 21.10.2010
Local court
66121 Saarbrücken
HRB 18979
Shareholder:
Neunkircher Eisenwerk
Wohnungsgesellschaft
mit beschränkter Haftung
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 51,200.00
Share: EUR 51,200.00
Reg. data: 10.02.1995
Local court
66121 Saarbrücken
HRB 75090
Shareholder:
SAG Medienversorgungs-GmbH
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg. data: 07.06.2005
Local court
66121 Saarbrücken
HRB 15108
Shareholder:
Saar Rail GmbH
Bismarckstr. 57-59
D 66333 Völklingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 06.10.2009
Local court
66121 Saarbrücken
HRB 18134
Shareholder:
Kraftwerk Wehrden
Gesellschaft mit
beschränkter Haftung
Heinrich-Böcking-Str.
10-14
D 66121 Saarbrücken
Legal form: Private
limited company
Company Status: active
Share capital: EUR 30,000.00
Share: EUR 10,000.00
Reg. data: 10.10.1936
Local court
66121 Saarbrücken
HRB 74109
Shareholder:
Studiengesellschaft Kohle
mit beschränkter
Haftung
Kaiser-Wilhelm-Platz 1
D 45470 Mülheim
Legal form: Private limited
company
Company Status: active
Share capital: EUR 60,000.00
Share: EUR 500.00
Reg. data: 18.06.2004
Local court 47051 Duisburg
HRB 14228
Shareholder:
DHS-Dillinger Hütte
Saarstahl AG
Werkstr. 1
D 66763 Dillingen
Post Box:
11 05
Legal form: Public limited
company
Company Status: active
Share capital: EUR
180,000,000.00
Share: 33.750 %
Reg. data: 15.06.1989
Local court
66121 Saarbrücken
HRB 24874
Payment
experience: No Complaints
Negative
information:We have no negative information at hand.
Balance
sheet year: 2016
REAL
ESTATE
Type
of ownership: proprietor
Share: 100.00 %
Address Bismarckstr. 57-59
D 66333 Völklingen
Real
Estate of: Fred Metzken
Type
of ownership: part owner
Share: 50.00 %
Address Jakobstr. 15
D 66589 Merchweiler
Land
register documents were not available.
BANKERS
COMMERZBANK,
66005 SAARBRÜCKEN
Sort.
code: 59040000, Account no.: 5310164
BIC:
COBADEFFXXX, IBAN: DE48590400000531016400
DEUTSCHE
BANK SAARBRUECKEN, 66006 SAARBRÜCKEN
Sort.
code: 59070000, Account no.: 0737304
BIC:
DEUTDE5M555, IBAN: DE05590700000073730400
COMMERZBANK
VORMALS DRESDNER BANK, 66007 SAARBRÜCKEN
Sort.
code: 59080090
BIC:
DRESDEFF590
SPARKASSE
SAARBRÜCKEN, 66104 SAARBRÜCKEN
Sort.
code: 59050101, Account no.: 8193
BIC:
SAKSDE55XXX, IBAN: DE31590501010000008193
LANDESBANK
SAAR, 66104 SAARBRÜCKEN
Sort.
code: 59050000, Account no.: 20002234
BIC:
SALADE55XXX, IBAN: DE25590500000020002234
FINANCIAL
FIGURES
Turnover: 2016 EUR 1,499,473,000.00
Profit: 2016 EUR -142,185,000.00
Ac/ts
receivable:
EUR 1,005,238,000.00
Liabilities: EUR 452,886,000.00
Employees:
4,292
-
thereof permanent staff: 907
-
Trainees:
280
Control
agreement to:
SHS - Stahl-Holding-Saar GmbH & Co. KGaA
Werkstr. 1
D 66763 Dillingen
BALANCE
SHEETS
Balance
sheet ratios 01.01.2016 - 31.12.2016
Equity
ratio [%]: 70.78
Liquidity
ratio: 2.29
Return
on total capital [%]: -6.04
Balance
sheet ratios 01.01.2015 - 31.12.2015
Equity
ratio [%]: 84.13
Liquidity
ratio: 10.00
Return
on total capital [%]: 3.67
Balance
sheet ratios 01.01.2014 - 31.12.2014
Equity
ratio [%]: 83.29
Liquidity
ratio: 10.00
Return
on total capital [%]: 5.10
Balance
sheet ratios 01.01.2013 - 31.12.2013
Equity
ratio [%]: 78.96
Liquidity
ratio: 3.09
Return
on total capital [%]: 2.70
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
financials
Financial
year: 01.01.2016 - 31.12.2016
ASSETS EUR 2,354,712,000.00
Fixed assets EUR
1,347,591,000.00
Intangible assets EUR 1,222,000.00
Tangible assets EUR 463,438,000.00
Financial assets EUR 882,931,000.00
Current assets EUR 1,005,238,000.00
Stocks EUR 328,680,000.00
Raw materials, consumables and
supplies EUR 70,325,000.00
Finished goods / work in progress EUR
258,355,000.00
Accounts receivable EUR 397,418,000.00
Trade debtors EUR 200,563,000.00
Amounts due from related companies EUR
95,952,000.00
Amounts due from investee companies EUR 12,000.00
Other debtors and assets EUR 100,891,000.00
Liquid means EUR 279,140,000.00
Remaining other assets EUR 1,883,000.00
Accruals (assets) EUR 55,000.00
Active difference from asset
offsetting EUR 1,828,000.00
LIABILITIES EUR 2,354,712,000.00
Shareholders' equity EUR 1,666,929,000.00
Capital EUR 200,000,000.00
Subscribed capital (share capital) EUR
200,000,000.00
Reserves EUR 959,043,000.00
Capital reserves EUR 41,313,000.00
Retained earnings / revenue reserves
EUR 917,730,000.00
Balance sheet profit/loss (+/-) EUR 507,886,000.00
Balance sheet profit / loss EUR 507,886,000.00
Provisions EUR 234,469,000.00
Provisions for taxes EUR 13,407,000.00
Other / unspecified provisions EUR 221,062,000.00
Liabilities EUR 452,886,000.00
Financial debts EUR
214,194,000.00
Liabilities due to banks EUR 214,194,000.00
Other liabilities EUR 238,692,000.00
Trade creditors (for IAS incl. bills
of exchange) EUR 54,471,000.00
Liabilities from received advance
payments EUR 716,000.00
Liabililties due to related
companiesEUR 72,216,000.00
Liabilities due to investee
companiesEUR 87,281,000.00
Unspecified other liabilities EUR 24,008,000.00
Other liabilities EUR 428,000.00
Deferrals (liabilities) EUR 428,000.00
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 1,499,473,000.00
Inventory change + own costs (+/-) EUR
-55,134,000.00
Inventory change (+/-) EUR -55,134,000.00
Other operating income EUR 20,096,000.00
Cost of materials EUR 1,044,100,000.00
Gross result (+/-) EUR 420,335,000.00
Staff expenses EUR 277,449,000.00
Total depreciation EUR 41,915,000.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 41,915,000.00
Other operating expenses EUR 248,563,000.00
Operating result from continuing
operations EUR -147,592,000.00
Result from participating interests
(+/-) EUR 6,414,000.00
Interest result (+/-) EUR 3,120,000.00
Financial result (+/-) EUR 9,534,000.00
Result from ordinary operations (+/-) EUR
-138,058,000.00
Income tax / refund of income tax
(+/-)EUR -2,023,000.00
Other taxes / refund of taxes EUR -2,104,000.00
Tax (+/-) EUR -4,127,000.00
Annual surplus / annual deficit EUR -142,185,000.00
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 2,179,882,000.00
Fixed assets EUR 1,135,873,000.00
Intangible assets EUR 2,473,000.00
Tangible assets EUR 447,011,000.00
Financial assets EUR 686,389,000.00
Current assets EUR 1,039,750,000.00
Stocks EUR 377,527,000.00
Raw materials, consumables and
supplies EUR 61,463,000.00
Finished goods / work in progress EUR
316,064,000.00
Accounts receivable EUR 454,070,000.00
Trade debtors EUR 200,242,000.00
Amounts due from related companies EUR
150,959,000.00
Amounts due from investee companies EUR 1,000.00
Other debtors and assets EUR 102,868,000.00
Liquid means EUR 208,153,000.00
Remaining other assets EUR 4,259,000.00
Accruals (assets) EUR 76,000.00
Active difference from asset
offsetting EUR 4,183,000.00
LIABILITIES EUR 2,179,882,000.00
Shareholders' equity EUR 1,834,114,000.00
Capital EUR 200,000,000.00
Subscribed capital (share capital) EUR
200,000,000.00
Reserves EUR 959,043,000.00
Capital reserves EUR 41,313,000.00
Retained earnings / revenue reserves
EUR 917,730,000.00
Balance sheet profit/loss (+/-) EUR 675,071,000.00
Balance sheet profit / loss EUR 675,071,000.00
Provisions EUR 120,103,000.00
Provisions for taxes EUR 13,258,000.00
Other / unspecified provisions EUR 106,845,000.00
Liabilities EUR 225,202,000.00
Financial debts EUR 114,385,000.00
Liabilities due to banks EUR 114,385,000.00
Other liabilities EUR 110,817,000.00
Trade creditors (for IAS incl. bills
of exchange) EUR 60,068,000.00
Liabililties due to related
companiesEUR 15,871,000.00
Liabilities due to investee
companiesEUR 17,721,000.00
Unspecified other liabilities EUR 17,157,000.00
Other liabilities EUR 463,000.00
Deferrals (liabilities) EUR 463,000.00
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 1,635,090,000.00
Inventory change + own costs (+/-) EUR
31,498,000.00
Inventory change (+/-) EUR 31,498,000.00
Other operating income EUR 29,990,000.00
Cost of materials EUR 1,132,619,000.00
Gross result (+/-) EUR 563,959,000.00
Staff expenses EUR
267,564,000.00
Total depreciation EUR 43,077,000.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 43,077,000.00
Other operating expenses EUR 174,091,000.00
Operating result from continuing
operations EUR 79,227,000.00
Result from participating interests
(+/-) EUR 12,065,000.00
Interest result (+/-) EUR 2,685,000.00
Financial result (+/-) EUR 14,750,000.00
Result from ordinary operations (+/-) EUR
93,977,000.00
Income tax / refund of income tax
(+/-)EUR -12,122,000.00
Other taxes / refund of taxes EUR -1,913,000.00
Tax (+/-) EUR -14,035,000.00
Annual surplus / annual deficit EUR 79,942,000.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 67.44 |
|
|
1 |
INR 89.88 |
|
Euro |
1 |
INR 79.00 |
|
Euro |
1 |
INR 78.54 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
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.