MIRA INFORM REPORT

 

 

Report Date :

05.04.2011

 

IDENTIFICATION DETAILS

 

Name :

FITTYDENT INTERNATIONAL GMBH

 

 

Registered Office :

Mühlgasse  4, A-7423 Pinkafeld

 

 

Country :

Austria

 

 

Financials (as on) :

31.12.2009

 

 

Year of Establishment :

1973

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of perfume and cosmetics

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Maximum Credit Limit :

EUR  67.000,00

 

 

Status :

Good

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 


NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – December 31, 2010

 

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

Austria

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Basic company information

 

Company name:

FITTYDENT INTERNATIONAL GmbH

Status:

active company

Locations:

Mühlgasse  4, A-7423 Pinkafeld

Phone:

0043 (3357) 43890

Fax:

0043 (3357) 43893

E-mail:

office@fittydent.com

Internet:

http://www.fittydent.com

Activities:

Önace 46450 70% Wholesale of perfume and cosmetics

 

Önace 46440 30% Wholesale of china and glassware and cleaning materials

 

 General Assessment:

Recommendation

We recommends to establish a business and credit relationship, and to benefit from arising business opportunities.

 

Detail Assessment:

Payments are made within net agreements.

 

Financial situation is satisfactory.

 

Maximum credit EUR  67.000,00

 

 

Additional company information

 

 

Year of incorporation:

1973

 

Type of company:

Wholesale and retail trade; repair of motor vehicles

 

Legal form:

limited liability company since 1989-11-10

 

companies' house number:

FN 115180 h Eisenstadt 1989-11-29

 

Activities:

 

 

Trade names:

Fittydent

 

Trade names:

Profast

 

Trade names:

Secure

 

VAT number:

ATU 21504708

 

number - Austrian National Bank:

1358286

 

 

 

 

Export 

Country 

 

 

 

Export

world-wide

 

2011

 

 

Financial data

 

total turnover (total sales)

2010

EUR  2.900.000,00

(approx.)

total turnover (total sales)

2009

EUR  2.869.891,90

(exact)

total turnover (total sales)

2008

EUR  3.000.000,00

(approx.)

total turnover (total sales)

2007

EUR  2.704.844,25

(exact)

total turnover (total sales)

2006

EUR  2.773.000,00

(approx.)

total employees

2011

5

(exact)

white collar workers

2011

5

(exact)

total stock

2011

EUR  5.000,00

(average)

total claims

2011

EUR  650.000,00

(approx. clients)

total company vehicles

2011

1

(exact)

leasing vehicles

2011

1

(exact)

cars

2011

1

(exact)

 

Extraxt from the Companies' House

 

firm (style):

    3      FITTYDENT INTERNATIONAL GmbH

legal form:

    1      Gesellschaft mit beschränkter Haftung

registered office:

    4      politischer Gemeinde Pinkafeld

business adress:

    4      Mühlg. 4
           7423 Pinkafeld

capital:

    1      ATS 500.000

reference date annual accounts:

    1      31. Dezember

annual accounts:

   23      zum 31.12.2009 eingereicht am 26.08.2010

power of representation:

    5      Die Gesellschaft wird, wenn mehrere Geschäftsführer
           bestellt sind, durch zwei Geschäftsführer gemeinsam oder
           durch einen von ihnen gemeinsam mit einem Prokuristen
           vertreten.
           Die Generalversammlung kann, auch wenn mehrere Geschäfts-
           führer bestellt sind, einzelnen von ihnen selbständige
           Vertretungsbefugnis erteilen.
    1   Gesellschaftsvertrag  vom 10.11.1989                                001
    5   Generalversammlungsbeschluss  vom 19.12.1997                        005
          Neufassung des Gesellschaftsvertrages.

managing director:

         B   Dkfm. Ewald Schmitt, geb. 22.03.1944
    1        vertritt seit 04.07.1991 selbständig
         G   Hans Gottfried Wiesbauer, geb. 08.11.1944
    5        vertritt seit 19.12.1997 selbständig

shareholder:

         B   Dkfm. Ewald Schmitt, geb. 22.03.1944
   11        ......................  ATS 157.500
   19        .................................................  ATS 157.500
         F   H. P. kosmetische Warenvertriebs-GmbH
             (HRB 3110 des Amtsgerichtes Landshut)
   11        ......................  ATS 217.500
   19        .................................................  ATS 217.500
         I   Gerhard Mutenthaler, geb. 31.08.1956
   17        .......................  ATS 50.000
   19        ..................................................  ATS 50.000
         K   Magister Hoeveler & Co Gesellschaft
             m.b.H.
   21        .......................  ATS 75.000
   21        ..................................................  ATS 75.000
                        -------------------------------------------------------
                 Summen:             ATS 500.000                ATS 500.000

general table:

 Landesgericht Ried im Innkreis
   1 Ersterfassung abgeschlossen am 02.09.1994  Geschäftsfall 913 Fr   179/94 k
       Ersterfassung gem. Art. XXIII Abs. 4 FBG
   2 eingetragen am 05.08.1995                  Geschäftsfall  16 Fr  1270/95 d
       Antrag auf Änderung  eingelangt am 03.07.1995
   3 eingetragen am 03.05.1996                  Geschäftsfall  16 Fr   470/96 k
       Antrag auf Änderung  eingelangt am 19.04.1996
 Landesgericht Eisenstadt
   4 eingetragen am 31.12.1996                  Geschäftsfall  19 Fr  1971/96 w
       Antrag auf Sitzverlegung  eingelangt am 24.12.1996
   5 eingetragen am 08.04.1998                  Geschäftsfall  19 Fr   352/98 g
       Antrag auf Änderung  eingelangt am 18.02.1998
  11 eingetragen am 25.07.2002                  Geschäftsfall  19 Fr  2708/02 z
       Antrag auf Änderung  eingelangt am 22.07.2002
  17 eingetragen am 04.07.2007                  Geschäftsfall  19 Fr  2497/07 h
       Antrag auf Änderung  eingelangt am 02.07.2007
  19 eingetragen am 28.12.2007                  Geschäftsfall  19 Fr  5067/07 m
       Antrag auf Änderung  eingelangt am 21.12.2007
  21 eingetragen am 26.03.2010                  Geschäftsfall  43 Fr   566/10 x
       Antrag auf Änderung  eingelangt am 23.03.2010
  23 eingetragen am 28.08.2010
       Elektronische Einreichung Jahresabschluss  eingelangt am 26.08.2010

 

Real estate

 

Real estate text:

No real estate property registered

 

Private data

 

 

Surname

 

 

Date of birth

 

 

Address

 

 

Executive positions

 

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

Dkfm.  Ewald Schmitt

1944-03-22 

1020 Wien Kleine Sperlgasse 1

manager,

partner

0

Hans Gottfried Wiesbauer

1944-11-08 

4943 Geinberg Durchham 2

manager

1

Gerhard Mutenthaler

 

1956-08-31 

 

1230 Wien Breitenfurterstraße 219

partner

 

2

 

 

Balance Sheet  (absolute) all amounts in EUR 

 

 

2009-12-31 

 

 

 

 

Intangible assets

121.551,25

 

 

 

 

Sum intangible assets

121.551,25

 

 

 

 

 

Tangible assets

38.212,92

 

 

 

 

Sum tangible assets

38.212,92

 

 

 

 

 

Financial assets

4.914,96

 

 

 

 

Sum financial assets

4.914,96

 

 

 

 

 

Sum fixed assets

164.679,13

 

 

 

 

 

Stocks

41.455,01

 

 

 

 

Sum stock

41.455,01

 

 

 

 

 

Claims and other assets

739.834,85

 

 

 

 

Sum claims

739.834,85

 

 

 

 

 

Cash on hand, cheques and bank deposits

216.069,47

 

 

 

 

Sum cash and bank

216.069,47

 

 

 

 

 

Sum current assets

997.359,33

 

 

 

 

 

Deferred charges

14.588,05

 

 

 

 

Sum deferred charges

14.588,05

 

 

 

 

Assets

1.176.626,51

 

 

 

 

 

Subscribed/declared capital

36.336,42

 

 

 

 

Balance sheet profit/balance sheet loss

877.566,93

 

 

 

 

Thereof profit/loss carried forward

751.763,75

 

 

 

 

Sum equity capital

913.903,35

 

 

 

 

 

Reserves

110.510,70

 

 

 

 

Sum reserves

110.510,70

 

 

 

 

 

Liabilities

152.212,46

 

 

 

 

Sum liabilities

152.212,46

 

 

 

 

 

Liabilities

1.176.626,51

 

 

 

 

 

Balance sheet sum

1.176.626,51

 

 

 

 

 

Key ratios

 

 

2009  

 

 

 

 

 

Equity capital share

  77,67

 

 

 

 

 

Fixed assets coverage

  554,96

 

 

 

 

 

 

Locations

 

Type

Locations

Description

 

 

E-mail 

operational 

Mühlgasse  4, A-7423 Pinkafeld

registered office 

 

 

 

operational 

Mühlgasse  4, A-7423 Pinkafeld

registered headquarters, rented premises 

 

 

office@fittydent.com

former 

Moosham  40, A-4943 Geinberg

registered headquarters 

 

 

 

 

related companies

 

Company name

 

Postal code

 

Stake in %

 

Companies House

 

 

Shares in this company are held by:

H. P. kosmetische Warenvertriebs-GmbH

Bachstraße  16, D-84359 Simbach

43.5 % 1989-11-10

 

B 3.110 Landshut

 

 

Dkfm. Ewald Schmitt

 

Kleine Sperlgasse  1, A-1020 Wien

31.5 % 1995-08-05

 

 

 

Magister Hoeveler & Co Gesellschaft m.b.H.

Moosham  40, A-4943 Geinberg

15 % 2010-03-26

 

FN 113897 x

 

 

Gerhard Mutenthaler

 

Breitenfurterstraße  219, A-1230 Wien

10 % 2007-07-04

 

 

 

 

Affiliated companies and further participations:

Gerhard Mutenthaler

 

Breitenfurter Straße  219/2, A-1230 Wien

 

 

1.953.127

 

 

 

Bankers

 

 

 

 

Banker

Bank sort code

Type of banking connection

Oberbank AG, 4950 Altheim

 

15000

 

main bank connection

 

 

Historical development

 

Year of incorporation:

1973

Date of registration:

1989-11-29

 


 

Former executives:

From

To

Function

Name

   

  2004-02-04

manager 

Mag. Peter Hoeveler 

   

  1998-04-08

joint signing clerk 

Dieter Pöschl 

 

Former shareholders:

From

To

Function

Name

  2002-07-25

  2007-07-04

partner 

European Patent Developers Ltd. 

  2007-07-04

  2010-03-26

partner 

Alfred Chyba 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.65

UK Pound

1

Rs.71.93

Euro

1

Rs.63.24

 

 

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

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

--

NB

                                       New Business

 

--

 

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%)

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.