MIRA
INFORM REPORT
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Report Date : |
01.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
F.J. Elsner Trading Gesellschaft mbH |
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Registered Office : |
Am Heumarkt 10, A-1030 Wien |
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Country : |
Austria |
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Financials (as on) : |
30.06.2006 |
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Date of Incorporation : |
2001-07-16 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of chemical products. Wholesale of metal ores, ferrous metals in primary forms and semi-finished
ferrous metal products. |
RATING &
COMMENTS
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MIRA’s Rating : |
Aa |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
EUR 2.870.000 |
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Status : |
Excellent |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Basic company information
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Company name: |
F.J. Elsner Trading Gesellschaft mbH |
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Status: |
active company |
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Locations: |
Am Heumarkt 10, A-1030 Wien |
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Phone: |
(1) 79736 |
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Fax: |
(1) 79736 – 230 |
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E-mail: |
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Internet: |
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Activities: |
Önace 515500 50% Wholesale of chemical products |
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Önace 515201 50% Wholesale of metal ores, ferrous metals in primary
forms and semi-finished ferrous metal products |
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General Assessment: |
Very low risk |
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Recommendation We recommends to establish a business and credit relationship, and to benefit
from arising business opportunities. |
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Detail Assessment: |
Payment Merchandise is mainly imported. Domestic obligations are settled
within net agreements. |
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Assessment Financial situation is average, increased use of external capital. |
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Maximum credit EUR 2.870.000,00 |
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Additional company information
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Year of incorporation: |
2001 |
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Type of company: |
wholesale |
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Legal form: |
limited liability company since 2001-07-16 |
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Firmenbuchnummer: |
FN 212334 g Wien 2001-10-10 |
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Activities: |
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VAT number: |
ATU 52886505 |
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number - Austrian National Bank: |
5252849 |
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Export |
Country |
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Export |
world-wide |
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2007 |
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Financial data
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total turnover (total sales) |
2007 |
EUR 360.000.000,00 |
(approx.) |
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total turnover (total sales) |
2006 |
EUR 179.364.504,40 |
(exact) |
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total turnover (total sales) |
2005 |
EUR 245.107.034,09 |
(exact) |
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total turnover (total sales) |
2004 |
EUR 152.160.114,00 |
(exact) |
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total turnover (total sales) |
2003 |
EUR 169.454.000,00 |
(approx.) |
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total employees |
2007 |
45 |
(approx.) |
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white collar workers |
2007 |
42 |
(approx.) |
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part-time employees |
2007 |
3 |
(approx.) |
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total company vehicles |
2007 |
7 |
(approx.) |
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cars |
2007 |
7 |
(approx.) |
Extraxt from the Companies' House
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firm (style): |
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1 F.J. Elsner Trading
Gesellschaft mbH |
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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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5 politischer Gemeinde
Wien |
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business adress: |
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6 Am Heumarkt 10 |
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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 30. Juni |
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annual accounts: |
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11 zum 30.06.2006
eingereicht am 20.11.2006 |
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power of
representation: |
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1 Die Gesellschaft wird,
wenn mehrere Geschäftsführer |
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proxy: |
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C Roman Eichhorn, geb.
26.11.1954 |
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managing
director: |
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A Dr. Siegfried Purrer, geb.
17.10.1949 |
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shareholder: |
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E F.J. Elsner & Co.
Gesellschaft mbH |
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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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Ignaz Mascha |
1959-09-25 |
3040 Neulengbach Wimmergasse 47 |
manager |
2 |
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Dr. Siegfried Purrer |
1949-10-17 |
4614 Marchtrenk Mozartstraße 2a |
manager |
1 |
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Roman Eichhorn |
1954-11-26 |
2102 Kleinengersdorf Veiglbergweg 16 |
joint signing clerk |
0 |
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Robert Ortner |
1953-03-07 |
4060 Leonding Rottmayrstraße 32 |
joint signing clerk |
1 |
Balance Sheet
(absolute) all amounts in EUR
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2006-06-30 |
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EDP programs |
4.478,52 |
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Sum intangible assets |
4.478,52 |
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Land and leasehold rights with buildings thereon including building on
land owned by third parties |
114,00 |
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Sum tangible assets |
63.656,09 |
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Other financial assets, values and securities of fixed assets |
47.861,10 |
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Sum financial assets |
47.861,10 |
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Sum fixed assets |
115.995,71 |
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Advanced payments |
3.438.523,69 |
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Stocks |
13.630.773,01 |
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Sum stock |
17.069.296,70 |
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Claims from delivered goods and performed services |
39.020.587,70 |
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Other claims and assets |
1.552.887,96 |
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Sum claims |
40.573.475,66 |
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Cash on hand, cheques and bank deposits |
2.810.180,34 |
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Sum cash and bank |
2.810.180,34 |
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Sum current assets |
60.452.952,70 |
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Deferred charges |
25.324,68 |
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Sum deferred charges |
25.324,68 |
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Assets |
60.594.273,09 |
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Subscribed/declared capital |
35.000,00 |
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Not committed capital reserves |
992.000,00 |
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Legal reserves |
3.500,00 |
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Free reserves |
2.226.723,19 |
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Balance sheet profit/balance sheet loss |
2.060.016,89 |
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Sum equity capital |
5.317.240,08 |
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Reserves for severance pays |
261.269,00 |
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Reserves for pensions |
24.235,31 |
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Tax reserves |
1.466.050,51 |
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Other reserves |
3.601.639,04 |
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Sum reserves |
5.353.193,86 |
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Liabilities against credit institutes |
27.044.600,77 |
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Received advanced payments for orders |
451.649,45 |
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Liabilities from delivered goods and performed services from the
acceptance of drafts and emission of promissory notes |
21.215.547,81 |
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Liabilities against related firms |
712.587,16 |
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Other liabilities |
499.453,96 |
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Sum liabilities |
49.923.839,15 |
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Liabilities |
60.594.273,09 |
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Balance sheet sum |
60.594.273,09 |
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P / L Account
(absolute) all amounts in EUR
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2006-06-30 |
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Gross sales |
179.364.504,40 |
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Sum turnover or sum gross profit |
179.364.504,40 |
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Other operating profits |
1.554.812,17 |
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Other operating profits totally |
1.554.812,17 |
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Special account material costs |
-174.051.901,89 |
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Costs for obtained services totally |
-174.051.901,89 |
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Salaries |
-1.902.593,35 |
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Costs for severance pays |
-45.956,01 |
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Costs for old age pension |
-2.875,07 |
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Legal fringe benefits and other payments depending on salaries |
-350.520,12 |
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Other social fringe benefits |
-28.883,91 |
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Personnel expenses totally |
-2.330.828,46 |
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Depreciation of intangible assets, tangible assets, activated expenses
for the set up and expansion of business operation |
-77.086,79 |
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Depreciation tangible assets / intangible assets totally |
-77.086,79 |
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Different operating costs |
-2.086.060,63 |
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Other taxes |
-27.482,87 |
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Other operating costs totally |
-2.113.543,50 |
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Operating result totally |
2.345.955,93 |
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Interest income, securities income and similar income |
312.854,78 |
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Financial profits |
2.621,50 |
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Disbursements from shareholdings (e.g.
depreciations) |
-1.310,75 |
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Interest and similar disbursements |
-1.730.107,88 |
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Financial profits totally |
-1.415.942,35 |
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Results from usual business activity
totally |
930.013,58 |
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Taxes on income and profits |
-123.893,27 |
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Taxes on income and profits totally |
-123.893,27 |
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Annual surplus/annual deficit
totally |
806.120,31 |
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Annual profit/annual loss totally |
806.120,31 |
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Profit and loss carried forward from previous year |
1.253.896,58 |
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Transfer of profits totally |
1.253.896,58 |
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B/S profit/ B/S loss from profit and loss
account |
2.060.016,89 |
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Key ratios
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2006 |
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Cash flow II |
883.207,10 |
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Debt amortisation period |
59,40 |
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Bank indebtedness |
44,63 |
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Equity capital share |
8,77 |
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Social capital share |
0,47 |
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Fixed assets coverage |
4.830,13 |
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Net profit ratio |
0,51 |
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Capital turnover |
2,96 |
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Return on investment |
4,39 |
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Cash flow in % of operating performance |
0,49 |
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Cash flow I |
1.007.100,37 |
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Gross productivity |
76,95 |
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Net productivity |
2,27 |
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Operating performance |
179.364.504,40 |
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Inventories in % of operating performance |
9,51 |
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Gross profit |
5.312.602,51 |
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Locations
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Type |
Locations |
Description |
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E-mail |
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operativ |
Am Heumarkt 10, A-1030 Wien |
registered office |
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operativ |
Am Heumarkt 10, A-1030 Wien |
registered headquarters, rented
premises |
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office@elsner.at |
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ehemalig |
Baumgasse 60b, A-1030 Wien |
registered office |
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ehemalig |
Baumgasse 60b, A-1030 Wien |
registered headquarters |
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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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F.J. Elsner & Co. Gesellschaft mbH |
Speckbacherstraße 35a, A-6020
Innsbruck |
100 % 2001-10-10 |
FN 52843 k |
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Bankers
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Banker |
Bank sort code |
Type of banking connection |
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Raiffeisen Zentralbank Österreich Aktienges., 1011 Wien |
31000 |
main bank connection |
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Bank Austria Creditanstalt AG, 1011 Wien |
12000 |
secondary banking connection |
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Erste Bank der oesterreichischen Sparkassen AG, 1011 Wien |
20111 |
secondary banking connection |
Historical development
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Year of incorporation: |
2001 |
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Date of registration: |
2001-10-10 |
RATING
EXPLANATIONS
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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%)