MIRA INFORM REPORT
|
Report Date : |
28.08.2008 |
IDENTIFICATION
DETAILS
|
Name : |
PRILLINGER GESELLSCHAFT M.B.H. |
|
|
|
|
Formerly Known As : |
AT 21 Vermögensverwaltungs -
GmbH |
|
|
|
|
Registered Office : |
Wimpassingerstraße 81, A-4600 Wels |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.10.2006 |
|
|
|
|
Date of Incorporation : |
26.09.2000 |
|
|
|
|
Legal Form : |
Limited Liability Company since 2000-08-16 |
|
|
|
|
Line of Business : |
Manufacturer of Agricultural and Forestry Machinery Wholesaler of Agricultural Machinery, Equipment and
Supplies |
RATING &
COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Very Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
Basic company information
|
Company name: |
Prillinger Gesellschaft m.b.H. |
|
Status: |
active company |
|
Locations: |
Wimpassingerstraße 81, A-4600 Wels |
|
Phone: |
(7242) 230 |
|
Fax: |
(7242) 230 - 250 |
|
E-mail: |
mein.partner@prillinger.at |
|
Internet: |
http://www.prillinger.at |
|
Activities: |
Önace 28300 60% Manufacture of agricultural and forestry
machinery |
|
|
Önace 46610 40% Wholesale of agricultural machinery,
equipment and supplies |
|
|
|
|
|
Very low risk The Rating of this company is better than industry
average. |
|
|
Recommendation We recommends
to establish a business and credit relationship, and to benefit from arising
business opportunities. |
|
|
|
|
Detail Assessment: |
Payments are sometimes made using cash discounts or
according to conditions. |
|
|
Financial situation is satisfactory. |
Additional company information
|
Year of incorporation: |
2000 |
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
limited liability company since 2000-08-16 |
|
||||
|
Firmenbuchnummer: |
FN 198762 y Wels 2000-09-26 |
|
||||
|
Activities: |
|
|
||||
|
VAT number: |
ATU 52686106 |
|
||||
|
number - Austrian National Bank: |
4824946 |
|
||||
|
|
|
|||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
European Union |
|
2008 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
Spain |
|
2008 |
|
|
Export |
Switzerland |
|
2008 |
|
|
Export |
USA |
|
2008 |
|
|
Export |
Australia |
|
2008 |
|
|
Export |
Czech Republic |
|
2008 |
|
|
Export |
France |
|
2008 |
|
|
Export |
Germany |
|
2008 |
|
|
Export |
Hungary |
|
2008 |
|
|
Export |
Island |
|
2008 |
|
|
Export |
Ireland |
|
2008 |
|
|
Export |
Libyan Arabic Ghamahirija |
|
2008 |
|
|
Export |
Slovak Republic |
|
2008 |
|
|
Export |
Slovenia |
|
2008 |
|
Financial data
|
total turnover (total sales) |
2008 |
EUR 38.000.000,00 |
(approx.) |
|
total turnover (total sales) |
2007 |
EUR 36.000.000,00 |
(approx.) |
|
total turnover (total sales) |
2006 |
EUR 31.806.000,00 |
(exact) |
|
total turnover (total sales) |
2005 |
EUR 28.893.000,00 |
(exact) |
|
total turnover (total sales) |
2004 |
EUR 24.000.000,00 |
(approx.) |
|
total employees |
2008 |
125 |
(approx.) |
|
total stock |
2008 |
EUR 7.500.000,00 |
(approx.) |
|
total investments |
2006 |
EUR 684.000,00 |
(exact) |
|
total company vehicles |
2008 |
10 |
(exact) |
Extraxt from the Companies' House
|
firm
(style): |
|
5 Prillinger
Gesellschaft m.b.H. |
|
legal
form: |
|
1 Gesellschaft
mit beschränkter Haftung |
|
registered
office: |
|
5 politischer
Gemeinde Wels |
|
business
adress: |
|
5 Wimpassinger
Straße 81 |
|
capital: |
|
1 EUR 35.000 |
|
reference
date annual accounts: |
|
13 31. Oktober |
|
annual
accounts: |
|
20 zum 31.10.2006
eingereicht am 05.02.2008 |
|
power
of representation: |
|
5 Die Generalversammlung
bestimmt, wenn mehrere Geschäfts- |
|
proxy: |
|
J Heinrich
Freymüller, geb. 06.08.1958 |
|
managing
director: |
|
L
Mag. Franz Edlbauer MBA, geb. 19.10.1966 |
|
shareholder: |
|
D
Karl Prillinger, geb. 02.09.1937 |
|
general
table: |
|
Landesgericht Linz |
Comment on Legal Information
Real estate:
Private data:
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as
registered in the companies' house) |
|
Mag. Franz Edlbauer |
1966-10-19 |
4600 Wels Ziehrerstraße 13 |
manager |
2 |
|
Karl Prillinger |
1937-09-02 |
4600 Wels Wimpassingerstraße 81 |
partner, head of personnel |
2 |
|
Aloisia Prillinger |
1944-05-09 |
4600 Wels Wimpassingerstraße 81 |
partner |
2 |
|
Heinrich Freymüller |
1958-08-06 |
4600 Wels Getreidestraße 3 |
joint signing clerk |
0 |
|
Monika Hemedinger |
1959-08-25 |
4702 Wallern Trattnach Furth 6 |
joint signing clerk |
0 |
|
Monika Hemedinger |
|
4600 Wels Wimpassingerstraße 81(c/o) |
head of accounting |
0 |
|
Peter Rathmayr |
|
4020 Linz Kudlichstraße 41-43(c/o) |
head of purchasing |
0 |
|
Mario Popatnik |
|
4600 Wels Wimpassingerstraße 81(c/o) |
head of sales, head of marketing, head of EDP |
0 |
|
Heinrich Freymüller |
|
4600 Wels Wimpassingerstraße 81(c/o) |
technical director |
0 |
Balance Sheet
(absolute) all amounts in EUR
|
|
2006-10-31 |
|
|
|
|
|
Intangible assets |
815.631,09 |
|
|
|
|
|
Sum intangible assets |
815.631,09 |
|
|
|
|
|
|
|||||
|
Land and leasehold rights with buildings thereon including
building on land owned by third parties |
54.689,12 |
|
|
|
|
|
Technical plants and machines |
155.954,32 |
|
|
|
|
|
Advanced payments and constructions in progress |
46.984,00 |
|
|
|
|
|
Sum tangible assets |
695.457,75 |
|
|
|
|
|
|
|||||
|
Financial assets |
139.631,00 |
|
|
|
|
|
Sum financial assets |
139.631,00 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
1.650.719,84 |
|
|
|
|
|
|
|||||
|
Stocks |
7.474.215,49 |
|
|
|
|
|
Sum stock |
7.474.215,49 |
|
|
|
|
|
|
|||||
|
Claims and other assets |
4.737.433,15 |
|
|
|
|
|
Sum claims |
4.737.433,15 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
159.278,57 |
|
|
|
|
|
Sum cash and bank |
159.278,57 |
|
|
|
|
|
|
|||||
|
Sum current assets |
12.370.927,21 |
|
|
|
|
|
|
|||||
|
Deferred charges |
26.411,76 |
|
|
|
|
|
Sum deferred charges |
26.411,76 |
|
|
|
|
|
Assets |
14.048.058,81 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
35.000,00 |
|
|
|
|
|
Profit reserves |
4.995.000,00 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
865.609,16 |
|
|
|
|
|
Thereof profit/loss carried forward |
805,80 |
|
|
|
|
|
Sum equity capital |
5.895.609,16 |
|
|
|
|
|
|
|||||
|
Valuation reserves and other reserves before taxes |
6.813,00 |
|
|
|
|
|
Sum reserves before taxes |
6.813,00 |
|
|
|
|
|
|
|||||
|
Reserves |
1.778.206,70 |
|
|
|
|
|
Sum reserves |
1.778.206,70 |
|
|
|
|
|
|
|||||
|
Liabilities |
6.367.429,95 |
|
|
|
|
|
Sum liabilities |
6.367.429,95 |
|
|
|
|
|
|
|||||
|
Liabilities |
14.048.058,81 |
|
|
|
|
|
|
|||||
|
Balance sheet sum |
14.048.058,81 |
|
|
|
|
P / L
Account (absolute) all amounts in EUR
|
|
2006-10-31 |
|
|
|
|
|
Gross profit |
11.392.238,57 |
|
|
|
|
|
Sum turnover or sum gross profit |
11.392.238,57 |
|
|
|
|
|
|
|||||
|
Income from the investment in fixed assets, except
financial assets |
10.862,50 |
|
|
|
|
|
Income from dissolution of reserves |
1.368,00 |
|
|
|
|
|
Other operating profits |
1.378.653,00 |
|
|
|
|
|
Other operating profits totally |
1.390.883,50 |
|
|
|
|
|
|
|||||
|
Wages |
-1.117.198,76 |
|
|
|
|
|
Salaries |
-3.137.528,82 |
|
|
|
|
|
Costs for severance pays |
-108.911,75 |
|
|
|
|
|
Legal fringe benefits and other payments depending on
salaries |
-1.083.212,72 |
|
|
|
|
|
Other social fringe benefits |
-212.347,12 |
|
|
|
|
|
Personnel expenses totally |
-5.659.199,17 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets, activated
expenses for the set up and expansion of business operation |
-704.794,90 |
|
|
|
|
|
Depreciation tangible assets / intangible assets
totally |
-704.794,90 |
|
|
|
|
|
|
|||||
|
Different operating costs |
-4.932.307,77 |
|
|
|
|
|
Other taxes |
-4.018,91 |
|
|
|
|
|
Other operating costs totally |
-4.936.326,68 |
|
|
|
|
|
|
|||||
|
Operating result totally |
1.482.801,32 |
|
|
|
|
|
|
|||||
|
Interest income, securities income and similar
income |
73.415,67 |
|
|
|
|
|
Financial profits |
5.466,83 |
|
|
|
|
|
Interest and similar disbursements |
-402.001,80 |
|
|
|
|
|
Financial expenses |
-5.445,37 |
|
|
|
|
|
Financial profits totally |
-328.564,67 |
|
|
|
|
|
|
|||||
|
Results from usual business activity
totally |
1.154.236,65 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-294.882,29 |
|
|
|
|
|
Taxes on income and profits totally |
-294.882,29 |
|
|
|
|
|
Annual surplus/annual deficit totally |
859.354,36 |
|
|
|
|
|
|
|||||
|
Dissolution reserves before taxes |
5.449,00 |
|
|
|
|
|
Reserves movements totally |
5.449,00 |
|
|
|
|
|
Annual profit/annual loss
totally |
864.803,36 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
805,80 |
|
|
|
|
|
Transfer of profits totally |
805,80 |
|
|
|
|
|
B/S profit/ B/S loss from profit and
loss account |
865.609,16 |
|
|
|
|
Key ratios
|
|
2006 |
|
|
|
|
|
|
Cash flow II |
1.564.149,26 |
|
|
|
|
|
|
Debt amortisation period |
5,10 |
|
|
|
|
|
|
Bank indebtedness |
0,00 |
|
|
|
|
|
|
Equity capital share |
42,01 |
|
|
|
|
|
|
Social capital share |
0,00 |
|
|
|
|
|
|
Fixed assets coverage |
357,56 |
|
|
|
|
|
|
Net profit ratio |
0,00 |
|
|
|
|
|
|
Capital turnover |
0,00 |
|
|
|
|
|
|
Return on investment |
11,07 |
|
|
|
|
|
|
Cash flow in % of operating performance |
0,00 |
|
|
|
|
|
|
Cash flow I |
1.859.031,55 |
|
|
|
|
|
|
Gross productivity |
0,00 |
|
|
|
|
|
|
Net productivity |
0,00 |
|
|
|
|
|
|
Operating performance |
0,00 |
|
|
|
|
|
|
Inventories in % of operating performance |
0,00 |
|
|
|
|
|
|
Gross profit |
0,00 |
|
|
|
|
|
Locations
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Wimpassingerstraße 81, A-4600 Wels |
registered office |
|
|
|
|
|
operational |
Wimpassingerstraße 81, A-4600 Wels |
registered headquarters, rented premises |
|
|
|
mein.partner@prillinger.at |
|
former |
Kudlichstraße 41-43, A-4020 Linz |
registered office |
|
|
|
|
|
former |
Kudlichstraße 41-43, A-4020 Linz |
registered headquarters |
related companies
|
Company name |
Postal code |
Stake in % |
KSV-number |
Companies House |
|
Shares in this company are
held by: |
||||
|
Karl Prillinger |
Wimpassingerstraße 81, A-4600 Wels |
99.8 % 2001-08-23 |
900.029.778 |
|
|
Aloisia Prillinger |
Wimpassingerstraße 81, A-4600 Wels |
0.2 % 2001-08-23 |
900.055.562 |
|
|
|
||||
|
Affiliated companies and
further participations: |
||||
|
Prillinger Verwaltungs- Gesellschaft mbH |
Wimpassingerstraße 81, A-4600 Wels |
|
108.370 |
FN 106479 m |
|
Prillinger Beteiligung GmbH |
Wimpassingerstraße 81, A-4600 Wels |
|
1.441.193 |
FN 267865 w |
Bankers
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
Raiffeisenlandesbank Oberösterreich, 4021 Linz |
34000 |
main bank connection |
|
Oberbank AG, 4600 Wels |
15000 |
secondary banking connection |
Historical development
|
Year of incorporation: |
2000 |
|
Date of registration: |
2000-09-26 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2001-09-06 |
AT 21 Vermögensverwaltungs- GmbH |
|
2001-09-06 |
|
Prillinger Gesellschaft m.b.H. |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
2000-09-26 |
2001-07-10 |
manager |
Mag. Rudolf Kraus |
|
2001-07-10 |
2001-10-19 |
manager |
Ing. Stefan Kirchweger |
|
2001-10-19 |
2002-02-01 |
manager |
Karl Prillinger |
|
2002-02-01 |
2008-07-08 |
manager |
Ing. Karl Platzer |
|
2001-10-05 |
2003-06-18 |
joint signing clerk |
Margarete Josseck Herdt |
|
2001-10-05 |
2003-06-18 |
joint signing clerk |
Mag. Waltraud Stefanie Prillinger |
|
2003-06-18 |
2006-06-01 |
joint signing clerk |
Mag. Wolfgang Dobretzberger |
|
2003-06-18 |
2006-12-13 |
joint signing clerk |
Karl Prillinger |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
2000-09-26 |
2001-08-23 |
partner |
KPMG Alpen-Treuhand GmbH Wirtschaftsprüfungs- und
Steuerberatungsgesellschaft |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.43.79 |
|
UK Pound |
1 |
Rs.85.05 |
|
Euro |
1 |
Rs.64.56 |
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. |
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 |
|
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%)