MIRA
INFORM REPORT
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Report Date : |
08.08.2007 |
IDENTIFICATION DETAILS
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Name : |
CT & F Chemical Trade Gesellschaft m.b.H. |
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Registered Office : |
Daffingerstraße 4/1, A-1030 Wien, (seit 1.3.2001) |
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Country : |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
1999 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Other wholesale |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
EUR 1.360.000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
Basic company
information
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Company name: |
CT & F Chemical Trade Gesellschaft m.b.H. |
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Status: |
active company |
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Locations: |
Daffingerstraße 4/1, A-1030 Wien, (seit 1.3.2001) |
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Phone: |
(1) 5321547 |
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Fax: |
(1) 5321547 – 30 |
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E-mail: |
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Activities: |
Önace 519000 100% Other wholesale |
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General Assessment: |
Low risk The Rating of this company meets industry average. |
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Recommendation Despite the weak financial situation, the establishment of
a business and credit relationship can be recommended. Risk is considered low
due to positive experiences from the environment of the company. |
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Detail Assessment: |
As a rule payments are made on time according to
conditions, in some cases there have been delays and reminders. |
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Financial situation is average, increased use of external
capital. |
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Maximum credit EUR 1.360.000,00 |
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Collections
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Date
of collection order |
Amount presently due |
Amount presently paid |
Collection status quo |
since |
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2007-07-10 |
EUR 0,00 |
EUR 1.306,50 |
payment due to KSV intervention |
2007-07-26 |
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2007-04-05 |
EUR 0,00 |
EUR 4.921,61 |
payment due to KSV intervention |
2007-05-02 |
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2006-09-11 |
EUR 0,00 |
EUR 1.941,00 |
payment due to KSV intervention |
2006-10-02 |
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Sums |
EUR 0,00 |
EUR 8.169,11 |
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Additional company
information
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Year of incorporation: |
1999 |
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Type of company: |
wholesale |
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Legal form: |
limited liability company since 1999-11-18 |
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Firmenbuchnummer: |
FN 189680 t Wien 2000-02-04 |
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Activities: |
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VAT number: |
ATU 49227803 |
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number - Austrian National Bank: |
4545125 |
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Transit
trade |
Country |
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Year |
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Transit trade |
Lettnia |
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2007 |
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Transit trade |
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2007 |
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Transit trade |
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2007 |
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Financial data
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total turnover (total sales) |
2006 |
EUR 85.000.000,00 |
(estimated) |
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total turnover (total sales) |
2005 |
EUR 85.000.000,00 |
(approx.) |
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total turnover (total sales) |
2004 |
EUR 83.474.576,85 |
(exact) |
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total turnover (total sales) |
2003 |
EUR 50.294.237,39 |
(exact) |
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total employees |
2007 |
3 |
(approx.) |
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total company vehicles |
2007 |
2 |
(approx.) |
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cars |
2007 |
2 |
(approx.) |
Extraxt from the
Companies' House
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firm
(style): |
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1
CT&F Chemical Trade Gesellschaft m.b.H. |
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legal
form: |
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1
Gesellschaft mit beschränkter Haftung |
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registered
office: |
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1
politischer Gemeinde Wien |
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business
adress: |
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13
Parkring 12/top 74 und 75 |
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Capital: |
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1
EUR 35.000 |
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reference
date annual accounts: |
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1
31. Dezember |
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annual
accounts: |
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12
zum 31.12.2005 eingereicht am 06.04.2007 |
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power
of representation: |
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1
Die Vertretungsbefugnis der Geschäftsführer wird |
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managing
director: |
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C
Aliaksandr Talkanitsa, geb. 07.01.1962 |
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shareholder: |
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B
Chemical Trade & Finance (CT&F) |
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general
table: |
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Handelsgericht Wien |
Comment on Legal
Information
Real estate:
Private data:
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Surname |
Date of birth |
Address |
Executive positions |
Further executive positions
(as registered in the companies' house) |
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Aliaksandr Talkanitsa |
1962-01-07 |
23003 |
manager, partner |
1 |
Balance
Sheet (absolute) all amounts in
EUR
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2005-12-31 |
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Trademarks and similar rights
and advantages |
11.732,27 |
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Sum intangible assets |
11.732,27 |
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Land and leasehold rights with
buildings thereon including building on land owned by third parties |
1.864.547,84 |
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Constructions in progress |
213.800,47 |
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Sum tangible assets |
2.146.026,65 |
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Other financial assets, values and securities of fixed
assets |
2.898,18 |
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Sum financial assets |
2.898,18 |
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Sum fixed assets |
2.160.657,10 |
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Advanced payments |
5.742.108,66 |
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Sum stock |
5.742.108,66 |
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Claims from delivered goods and performed services |
10.474.677,64 |
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Other claims and assets |
579.273,33 |
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Sum claims |
11.053.950,97 |
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Cash on hand, cheques and bank
deposits |
1.893.356,39 |
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Sum cash and bank |
1.893.356,39 |
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Sum current assets |
18.689.416,02 |
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Deferred charges |
10.447,72 |
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Sum deferred charges |
10.447,72 |
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Assets |
20.860.520,84 |
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Subscribed/declared capital |
35.000,00 |
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Balance sheet profit/balance
sheet loss |
3.308.335,67 |
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Thereof profit/loss carried
forward |
2.414.899,91 |
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Sum equity capital |
3.343.335,67 |
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Reserves for severance pays |
25.330,00 |
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Tax reserves |
158.130,00 |
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Other reserves |
27.330,00 |
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Sum reserves |
210.790,00 |
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Liabilities against credit
institutes |
10.103.639,34 |
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Received advanced payments for orders |
249.160,60 |
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Liabilities from delivered
goods and performed services from the acceptance of drafts and emission of promissory
notes |
6.921.271,66 |
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Other liabilities |
32.323,57 |
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Sum liabilities |
17.306.395,17 |
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Liabilities |
20.860.520,84 |
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Balance sheet sum |
20.860.520,84 |
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P / L Account
(absolute) all amounts in
EUR
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2005-12-31 |
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Gross sales |
139.441.704,93 |
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Sum turnover or sum gross
profit |
139.441.704,93 |
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Profits from retirement of
fixed assets, except financial assets |
41.477,41 |
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Income from dissolution of
reserves |
20,00 |
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Other operating profits |
48.400,00 |
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Other operating profits totally |
89.897,41 |
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Special account material
costs |
-135.325.655,24 |
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Costs for obtained services
totally |
-135.325.655,24 |
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Salaries |
-274.647,42 |
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Costs for severance pays |
-10.946,00 |
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Legal fringe benefits and
other payments depending on salaries |
-52.977,03 |
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Other social fringe benefits |
-2.383,66 |
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Personnel expenses totally |
-340.954,11 |
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Depreciation of intangible
assets, tangible assets, activated expenses for the set up and expansion of
business operation |
-68.775,74 |
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Depreciation tangible assets / intangible assets
totally |
-68.775,74 |
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Different operating costs |
-2.449.926,51 |
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Other taxes |
-2.794,29 |
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Other operating costs totally |
-2.452.720,80 |
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Operating result totally |
1.343.496,45 |
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Interest income, securities
income and similar income |
35.493,91 |
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Financial profits |
64,80 |
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Interest and similar
disbursements |
-326.936,30 |
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Financial profits totally |
-291.377,59 |
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Results from usual business activity
totally |
1.052.118,86 |
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Taxes on income and profits |
-158.683,10 |
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Taxes on income and profits
totally |
-158.683,10 |
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Annual surplus/annual deficit
totally |
893.435,76 |
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Annual profit/annual loss
totally |
893.435,76 |
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Profit and loss carried forward from previous year |
2.414.899,91 |
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Transfer of profits totally |
2.414.899,91 |
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B/S profit/ B/S loss from profit and
loss account |
3.308.335,67 |
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Key ratios
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2005 |
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Cash flow II |
962.211,50 |
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Debt amortization period |
16,23 |
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Bank indebtedness |
48,43 |
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Equity capital share |
16,02 |
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Social capital share |
0,12 |
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Fixed assets coverage |
155,90 |
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Net profit ratio |
0,75 |
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Capital turnover |
6,68 |
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Return on investment |
6,61 |
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Cash flow in % of operating performance |
0,69 |
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Cash flow I |
1.120.894,60 |
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Gross productivity |
408,97 |
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Net productivity |
12,07 |
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Operating performance |
139.441.704,93 |
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Inventories in % of operating performance |
4,11 |
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Gross profit |
4.116.049,69 |
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Locations
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Type |
Locations |
Description |
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E-mail |
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operational |
Parkring 12/top 74 und 75/1, A-1010 Wien |
registered office |
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operational |
Daffingerstraße 4/1, A-1030 Wien |
address according to license
of trade |
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operational |
Daffingerstraße 4/1, A-1030 Wien, (seit 1.3.2001) |
registered headquarters,
rented premises |
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former |
Schwedenplatz 2, A-1010 Wien |
registered office |
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former |
Daffingerstraße 4/1, A-1030 Wien |
registered office |
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related companies
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Company name |
Postal code |
Stake in % |
Companies House |
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Shares in this company are
held by: |
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Chemical Trade & Finance (CT&F) Holding Limited |
Landstraße 151, FL-9494 Schaan |
75 % 2000-02-04 |
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Aliaksandr Talkanitsa |
ul. Pariskoj Kommune
9/16, UA-23003 |
25 % 2000-02-04 |
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Affiliated companies and
further participations: |
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MSW trendy menswear Handels
GmbH |
Rotenturmstraße 12/5, A-1010 Wien |
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FN 278273 a |
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Bankers
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Banker |
Bank sort code |
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Keine aktuelle bekannt, |
0 |
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Historical
development
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Year of incorporation: |
1999 |
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Date of registration: |
2000-02-04 |
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Change of company name: |
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From |
To |
Company name |
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2002-09-13 |
CT&F Chemical Trade Gesellschaft m.b.H. |
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2002-09-13 |
2003-10-09 |
CT&F Chemical Trade Gesellschaft m.b.H. |
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2003-10-09 |
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CT&F Chemical Trade Gesellschaft m.b.H. |
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Former executives: |
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From |
To |
Function |
Name |
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2000-02-04 |
2000-05-05 |
manager |
Andrei Ihnatsenka |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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 and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)