MIRA INFORM REPORT

 

 

Report Date :

31st January, 2007

 

IDENTIFICATION DETAILS

 

Name :

FAA FATTORIA AGRICOLA ALIMENTARE VIVASOLE HANDELSGESELLSCHAFT M.B.H.

 

 

Registered Office :

Petersgasse  39, A-8010 Graz

 

 

Country :

Austria

 

 

Financials (as on) :

31.12.2005

 

 

Date of Incorporation :

28.01.1998

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of dairy produce, eggs and edible oils and fats.

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

 

Maximum Credit Limit :

EUR  4.000,00

 

 

Status :

Moderate

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 


 Basic company information

 

Company name:

FAA Fattoria Agricola Alimentare VIVASOLE Handelsgesellschaft m.b.H.

Status:

active company

Locations:

Petersgasse  39, A-8010 Graz

Phone:

no telephone connection/fixed network

E-mail:

faavivasole@nextra.at

Activities:

Önace 513300 100% Wholesale of dairy produce, eggs and edible oils and fats

 

General Assessment:

Medium high risk

 

 

Recommendation

In case of establishment of a business and credit relationship, we recommend to consider the risk situation of the company, and to increasingly demand collateral.

 

Detail Assessment:

Merchandise is mainly imported. Domestic obligations are settled within net agreements.

 

Company's solvency is weak. Earnings potential is unsatisfactory. is regarded as not satisfactory.

 

Maximum credit EUR  4.000,00

 

 

 

Additional company information

 

Year of incorporation:

1998

 

Type of company:

wholesale

 

Legal form:

limited liability company since 1998-01-07

 

Firmenbuchnummer:

FN 166693 m Graz 1998-01-28

 

Activities:

 

 

VAT number:

ATU 44210402

 

number - Austrian National Bank:

3854680

 

 

 

 

Export 

Country 

 

 

 

Export

Australia

 

2007

 

Export

Canada

 

2007

 

Export

USA

 

2007

 

Export

European Union

 

2007

 

Financial data:

total turnover (total sales)

2006

EUR  550.000,00

(estimated)

total turnover (total sales)

2005

EUR  550.000,00

(estimated)

total turnover (total sales)

2004

EUR  600.000,00

(estimated)

total turnover (total sales)

2003

EUR  600.000,00

(approx.)

total turnover (total sales)

2002

EUR  600.000,00

(approx.)

total employees

2007

1

(approx.)

total investments

2005

EUR  3.800,91

(exact)

Extraxt from the Companies' House:

firm (style):

    1      FAA Fattoria Agricola Alimentare
           VIVASOLE Handelsgesellschaft m.b.H.

legal form:

    1      Gesellschaft mit beschränkter Haftung

registered office:

    1      politischer Gemeinde Graz

business adress:

    7      Petersgasse 39
           8010 Graz

capital:

    1      ATS 500.000

reference date annual accounts:

    1      31. Dezember

annual accounts:

   11      zum 31.12.2005 eingereicht am 14.06.2006

power of representation:

1           Die Gesellschaft wird, wenn mehrere Geschäftsführer bestellt sind, durch zwei Geschäftsführer gemeinsam oder durch einen von ihnen gemeinsam mit einem Prokuristen vertreten.

2           Die Generalversammlung kann, auch wenn mehrere Geschäftsührer bestellt sind, einzelnen von ihnen selbständige Vertretungsbefugnis erteilen.
    1   Gesellschaftsvertrag  vom 07.01.1998                                001

managing director:

         A   Giorgio Pavia, geb. 05.07.1944
    1        vertritt seit 28.01.1998 selbständig

shareholder:

         A   Giorgio Pavia, geb. 05.07.1944
    1        ......................  ATS 380.000
    3        .................................................  ATS 380.000
         B   Mag. Dora A. Chrysanthakis, geb. 23.12.1953
    1        ......................  ATS 120.000
    3        .................................................  ATS 120.000
                        -------------------------------------------------------
                 Summen:             ATS 500.000                ATS 500.000

 

general table:

 Landesgericht für ZRS Graz


   1 eingetragen am 28.01.1998                  Geschäftsfall  27 Fr   260/98 y

       Antrag auf Neueintragung einer Firma  eingelangt am 13.01.1998


   2 eingetragen am 14.10.1999                  Geschäftsfall  27 Fr  5020/99 g

       Antrag auf Änderung  eingelangt am 27.04.1999

 

   3 eingetragen am 29.03.2000                  Geschäftsfall  27 Fr 13120/99 v

       Antrag auf Änderung  eingelangt am 01.12.1999


   4 eingetragen am 09.01.2001                  Geschäftsfall  27 Fr  4941/00 t

       Einreichung Jahresabschluss  eingelangt am 13.06.2000


   5 eingetragen am 26.02.2002                  Geschäftsfall  27 Fr  6861/01 z

       Einreichung Jahresabschluss  eingelangt am 02.07.2001


   6 eingetragen am 26.02.2003                  Geschäftsfall  27 Fr 10283/02 s

       Einreichung Jahresabschluss  eingelangt am 05.09.2002


   7 eingetragen am 09.05.2003                  Geschäftsfall  27 Fr  5572/03 x

       Antrag auf Änderung  eingelangt am 22.04.2003


   8 eingetragen am 18.02.2004                  Geschäftsfall  27 Fr 12802/03 d

       Einreichung Jahresabschluss  eingelangt am 02.10.2003


   9 eingetragen am 03.08.2004                  Geschäftsfall  27 Fr  8669/04 i

       Einreichung Jahresabschluss  eingelangt am 23.06.2004


  10 eingetragen am 19.05.2006

       Einreichung Jahresabschluss  eingelangt am 19.10.2005


  11 eingetragen am 22.09.2006

       Einreichung Jahresabschluss  eingelangt am 14.06.2006

 

 

Comment on Legal Information

 

Real estate:

Private data:

 

Surname

 

 

Date of birth

 

 

Address

 

 

Executive positions

 

Further executive positions (as registered in the companies' house)

Giorgio Pavia

1944-07-05 

8055 Graz Westgasse 8

manager,

partner,

head of purchasing,

head of sales

0

Mag.  Dora A. Chrysanthakis

1953-12-23 

 

8262 Ilz Nestelbach 64

 

partner,

head of accounting

 

2

 

 

 

Balance Sheet  (absolute) all amounts in EUR 

 

 

2005-12-31 

Tangible assets

40.938,95

Sum tangible assets

40.938,95

Financial assets

16.535,57

Sum financial assets

16.535,57

Sum fixed assets

57.474,52

Stocks

62,24

Sum stock

62,24

Claims and other assets

209.325,70

Sum claims

209.325,70

Cash on hand, cheques and bank deposits

621,20

Sum cash and bank

621,20

Sum current assets

210.009,14

Deferred charges

27.660,14

Sum deferred charges

27.660,14

Assets

295.143,80

Subscribed/declared capital

36.336,42

Balance sheet profit/balance sheet loss

-104.187,27

Thereof profit/loss carried forward

12.920,37

Sum equity capital

-67.850,85

Reserves

63.104,36

Sum reserves

63.104,36

Liabilities

299.890,29

Sum liabilities

299.890,29

Liabilities

295.143,80

Balance sheet sum

295.143,80

 

 

Key ratios

 

 

2005  

Equity capital share

  -22,98

Fixed assets coverage

  -118,05

 

 

Locations

 

Type

Locations

Description

 

 

E-mail 

operational 

Petersgasse  39, A-8010 Graz

registered office 

 

 

 

operational 

Petersgasse  39, A-8010 Graz

registered headquarters 

 

 

faavivasole@nextra.at

operational 

Nr.  64, A-8262 Nestelbach Ilztal

office 

 

 

 

former 

Petersgasse  39, A-8010 Graz

registered office 

 

 

 

former 

Westgasse  8, A-8055 Graz Puntigam

registered office 

 

 

 

former 

Westgasse  8, A-8055 Graz Puntigam

registered headquarters 

 

 

 

 

 

Related companies

 

Company name

 

Postal code

 

Stake in %

 

KSV-number

 

Shares in this company are held by:

Giorgio Pavia

 

Westgasse  8, A-8055 Graz

76 % 1998-01-28

 

910.574.051

 

 

Mag. Dora A. Chrysanthakis

 

Nestelbach  64, A-8262 Ilz

24 % 1998-01-28

 

900.300.896

 

 

 

Bankers

 

 

 

 

Banker

Bank sort code

Type of banking connection

Steiermärkische Bank und Sparkassen Aktienges., 8011 Graz

 

20815

 

main bank connection

 

 

 

Historical development

 

Year of incorporation:

1998

Date of registration:

1998-01-28

 

 


 

RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

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