Fitesa Germany GmbH


Purpose of the company: Development, production, and sale of spunbond fabrics, sold worldwide under the name "Corovin."

Managing Director:

  • Silverio Baranzano (Born: 3.4.1963)
  • Fred Hal Singley Junior (Born: 10.2.1969)
  • Lavinia Fraga Leite (Born: 4.11.1973)
  • Michael Alois Baumgartner (Born: 30.7.1968)

Authorised signatories:

  • Dr. Arne BrĂŒnger (Born: 10.6.1964)
  • Volker Weske (Born: 16.2.1961)

Share capital: 7.200.000 DEM

Date of articles of association: 18.5.1984

Date of first registration: 8.6.1984

Age of the company: 41,06 years

Adress: Woltorfer Str. 124 31224 Peine Deutschland

Local court: 31134 Hildesheim

Register number: HRB100883


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Total assets

The average total assets of company Fitesa Germany GmbH over the last 18 years is 55.262.237,41 €.

The company Fitesa Germany GmbH as of the reporting date 2023 a bank balance of approx. 4.643.797,58 €. That is -65,94 % less than the average bank balance in the industry of companies with this total assets.


Equity ratio

The equity ratio of Fitesa Germany GmbH is 48,72 % in the year 2023. In total, that ist 34.069.315,86 €.


Change in liquidity compared to previous year

The average absolute change in liquidity of the company Fitesa Germany GmbH compared to the previous year amounts to -2.028.145,88 €. That means that the liquidity of the company has increased or decreased by this amount per year on average.

The cash flow of the company Fitesa Germany GmbH amounts to -34.478.479,89 € in the year 2023.


Publication dates of the annual financial statements

  • 2006: 08.09.2008
  • 2007: 13.03.2009
  • 2008: 23.02.2010
  • 2009: 09.02.2011
  • 2010: 13.12.2011
  • 2011: 28.11.2012
  • 2012: 11.11.2013
  • 2013: 07.01.2015
  • 2014: 08.07.2015
  • 2015: 17.08.2016
  • 2016: 09.10.2017
  • 2017: 14.12.2018
  • 2018: 19.11.2019
  • 2019: 25.08.2020
  • 2020: 28.01.2022
  • 2021: 28.11.2022
  • 2022: 07.03.2024
  • 2023: 18.02.2025

The publication dates refer to the date on which the company published its annual financial statements in the company register. This information can provide important insights into the management of the company.


Source and reliability of the data

The information presented here comes from publicly accessible sources, in particular the Unternehmensregister, in which companies are obliged to disclose their annual financial statements (Sections 325 et seq. of the German Commercial Code (HGB)).

All key financial figures are based on the companies' published annual financial statements. The information is analysed automatically by Bonscore, without content processing or interpretation.

Please note that despite the utmost care, no guarantee can be given that the information provided is up-to-date, complete or correct.