MIRA INFORM REPORT
|
Report Date : |
06.05.2011 |
IDENTIFICATION DETAILS
|
Name : |
DATACON TECHNOLOGY GMBH |
|
|
|
|
Registered Office : |
Innstraße 16, A-6241 Radfeld |
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|
|
|
Country : |
Austria |
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|
|
|
Financials (as on) : |
31.12.2009 |
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|
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|
Date of Incorporation : |
29.12.1988 |
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|
|
Legal Form : |
Limited Liability Company |
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|
|
|
Line of Business : |
Manufacture of electronic components |
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 |
|
Maximum Credit Limit : |
EUR 988.000,00 |
|
Status : |
Good |
|
Payment
Behaviour : |
Regular |
|
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
|
Last up-date: |
2011-05-04 |
|
Company name: |
Datacon Technology GmbH |
|
Status: |
active company |
|
Locations: |
Innstraße 16, A-6241 Radfeld |
|
Phone: |
0043 (5337) 600 |
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Fax: |
0043 (5337) 600 - 660 |
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E-mail: |
info@datacon.at |
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Internet: |
http://www.datacon.at |
|
Activities: |
Önace 26110 60% Manufacture of electronic components |
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|
Önace 71120 40% Engineering activities and related
technical consultancy |
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|
|
|
General Assessment: |
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. |
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|
|
|
Detail Assessment: |
Payments are made within net agreements. |
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|
Financial situation has been in order up to now. At this
time there is no insight of any importance. |
|
|
Maximum credit EUR 988.000,00 |
Additional
company information
|
Year of incorporation: |
1986 |
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Type of company: |
Manufacturing |
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||||
|
Legal form: |
limited liability company since 2001-12-12 |
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||||
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companies' house number: |
FN 51781 z Innsbruck 1988-12-09 |
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Activities: |
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||||
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VAT number: |
ATU 32447901 |
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||||
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number - Austrian National Bank: |
1161423 |
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Import |
Country |
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|
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||
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Import |
world-wide |
|
2011 |
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||
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||||
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Export |
Country |
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|
Export |
world-wide |
|
2011 |
|
Financial data
|
total turnover (total sales) |
2010 |
EUR 52.000.000,00 |
(estimated) |
|
total turnover (total sales) |
2009 |
EUR 52.108.465,83 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR 80.312.793,59 |
(exact) |
|
total turnover (total sales) |
2007 |
EUR 69.830.552,98 |
(exact) |
|
total turnover (total sales) |
2006 |
EUR 67.907.446,32 |
(exact) |
|
total employees |
2011 |
230 |
(exact) |
|
white collar workers |
2011 |
225 |
(exact) |
|
blue collar workers |
2011 |
5 |
(exact) |
|
total company vehicles |
2011 |
20 |
(approx.) |
Extraxt from the Companies' House
|
firm
(style): |
|
23
Datacon Technology GmbH |
|
legal
form: |
|
23
Gesellschaft mit beschränkter Haftung |
|
registered
office: |
|
7
politischer Gemeinde Radfeld |
|
business
adress: |
|
7
Innstraße 16 |
|
capital: |
|
15
EUR 1.000.000 |
|
reference
date annual accounts: |
|
23
31. Dezember |
|
annual
accounts: |
|
35
zum 31.12.2009 eingereicht am 28.09.2010 |
|
consolidated
accounts: |
|
35
zum 31.12.2009 eingereicht am 02.12.2010 |
|
power
of representation: |
|
23
Die Gesellschaft wird, wenn mehrere Geschäftsführer |
|
managing
director: |
|
O
Peter Wiedner, geb. 20.04.1970 |
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shareholder: |
|
L
Datacon Beteiligungs GmbH |
|
general
table: |
|
Landesgericht Innsbruck |
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) |
|
Peter Wiedner |
1970-04-20 |
6410 Telfs Anton Fögerweg 22 |
manager |
2 |
|
Christian Keiler |
|
6241 Radfeld Innstraße 16(c/o) |
head of accounting |
0 |
|
Christian Praxmarer |
|
6241 Radfeld Innstraße 16(c/o) |
head of purchasing |
0 |
|
Klaus Hölzl |
|
6241 Radfeld Innstraße 16(c/o) |
head of sales, head of marketing |
0 |
|
Norbert Spanblöchl |
|
6241 Radfeld Innstraße 16(c/o) |
head of EDP |
0 |
Balance Sheet
(absolute) all
amounts in EUR
|
|
2009-12-31 |
|
|
|
|
|
Franchises, patents, licences, trademarks and similar
rights and advantages |
2.538.145,18 |
|
|
|
|
|
Sum intangible assets |
2.538.145,18 |
|
|
|
|
|
|
|||||
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Land and leasehold rights with buildings thereon including
building on land owned by third parties |
6.639.788,51 |
|
|
|
|
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Technical plants and machines |
134.324,06 |
|
|
|
|
|
Sum tangible assets |
7.551.543,50 |
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|
|
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|||||
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Shares on related firms |
1.153.935,56 |
|
|
|
|
|
Other financial assets, values and securities of fixed
assets |
940.213,08 |
|
|
|
|
|
Sum financial assets |
2.094.148,64 |
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|
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|||||
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Sum fixed assets |
12.183.837,32 |
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|
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|||||
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Raw-, auxiliary materials and supplies |
4.302.017,48 |
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|
|
|
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Unfinished products |
1.856.992,65 |
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|
|
|
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Finished products |
2.446.685,87 |
|
|
|
|
|
Advanced payments |
111.506,89 |
|
|
|
|
|
Sum stock |
8.717.202,89 |
|
|
|
|
|
|
|||||
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Claims from delivered goods and performed services |
12.833.437,39 |
|
|
|
|
|
Other claims and assets |
2.228.614,04 |
|
|
|
|
|
Claims against related firmes Claims against companies
with shareholding relationship |
1.499.185,33 |
|
|
|
|
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Sum claims |
16.561.236,76 |
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|
|
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|||||
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Cash on hand, cheques and bank deposits |
8.067.476,08 |
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|
|
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Sum cash and bank |
8.067.476,08 |
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|
|
|
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|
|||||
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Sum current assets |
33.345.915,73 |
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|
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|
|
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|||||
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Deferred charges |
79.948,66 |
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|
|
|
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Sum deferred charges |
79.948,66 |
|
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|
|
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Assets |
45.609.701,71 |
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|
|||||
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Subscribed/declared capital |
1.000.000,00 |
|
|
|
|
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Legal reserves |
100.000,00 |
|
|
|
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Balance sheet profit/balance sheet loss |
18.976.161,54 |
|
|
|
|
|
Thereof profit/loss carried forward |
26.518.891,44 |
|
|
|
|
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Sum equity capital |
20.076.161,54 |
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|
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|
|
|
|||||
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Other reserves before taxes |
137.574,51 |
|
|
|
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|
Sum reserves before taxes |
137.574,51 |
|
|
|
|
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|
|||||
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Reservesfor severance pays |
1.058.236,00 |
|
|
|
|
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Reserves for pensions |
221.890,00 |
|
|
|
|
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Other reserves |
3.757.297,16 |
|
|
|
|
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Sum reserves |
5.037.423,16 |
|
|
|
|
|
|
|||||
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Liabilities against credit institutes |
8.100.000,00 |
|
|
|
|
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Received advanced payments for orders |
170.829,50 |
|
|
|
|
|
Liabilities from delivered goods and performed services
from the acceptance of drafts and emission of promissory notes |
1.313.778,46 |
|
|
|
|
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Liabilities against related firms |
5.591.028,64 |
|
|
|
|
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Other liabilities |
5.162.655,90 |
|
|
|
|
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Sum liabilities |
20.338.292,50 |
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|
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|||||
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Deferred income |
20.250,00 |
|
|
|
|
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Sum deferred income |
20.250,00 |
|
|
|
|
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Liabilities |
45.609.701,71 |
|
|
|
|
|
|
|||||
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Contingent liabilities |
614.043,24 |
|
|
|
|
|
Balance sheet sum |
45.609.701,71 |
|
|
|
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P / L Account
(absolute) all
amounts in EUR
|
|
2009-12-31 |
|
|
|
|
|
Gross sales |
52.108.465,83 |
|
|
|
|
|
Increase or decrease in finished and unfinished goods and
in service claims |
-2.515.700,33 |
|
|
|
|
|
Sum turnover or sum gross profit |
49.592.765,50 |
|
|
|
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|
|||||
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Income from the investment in fixed assets, except
financial assets |
4.541,67 |
|
|
|
|
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Income from dissolution of reserves |
378.117,38 |
|
|
|
|
|
Other operating profits |
4.490.576,91 |
|
|
|
|
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Other operating profits totally |
4.873.235,96 |
|
|
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|
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Costs for obtained services |
-1.985.468,43 |
|
|
|
|
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Special account material costs |
-28.875.261,18 |
|
|
|
|
|
Costs for obtained services totally |
-30.860.729,61 |
|
|
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|
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|
|||||
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Wages |
-90.336,26 |
|
|
|
|
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Salaries |
-11.072.904,22 |
|
|
|
|
|
Costs for severance pays |
-542.473,31 |
|
|
|
|
|
Costs for old age pension |
1.131.680,00 |
|
|
|
|
|
Legal fringe benefits and other payments depending on
salaries |
-3.189.145,97 |
|
|
|
|
|
Other social fringe benefits |
-114.204,62 |
|
|
|
|
|
Personnel expenses totally |
-13.877.384,38 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible
assets,activated expenses for the set up and expansion of business
operation |
-3.417.327,42 |
|
|
|
|
|
Depreciation tangible assets / intangible assets
totally |
-3.417.327,42 |
|
|
|
|
|
|
|||||
|
Different operating costs |
-15.005.707,48 |
|
|
|
|
|
Other taxes |
-18.534,16 |
|
|
|
|
|
Other operating costs totally |
-15.024.241,64 |
|
|
|
|
|
|
|||||
|
Operating result totally |
-8.713.681,59 |
|
|
|
|
|
|
|||||
|
Profits from shareholdings |
1.318.923,87 |
|
|
|
|
|
Income from other securities and loans of financial
assets |
345.174,99 |
|
|
|
|
|
Profits from the retirement of and investment in financial
assets and securities of current assets |
35.200,00 |
|
|
|
|
|
Interest income, securties income and similar income |
1.291.412,47 |
|
|
|
|
|
Interest and similar disbursements |
-1.769.759,64 |
|
|
|
|
|
Financial expenses |
-50.000,00 |
|
|
|
|
|
Financial profits totally |
1.170.951,69 |
|
|
|
|
|
|
|||||
|
Results from usual business activity
totally |
-7.542.729,90 |
|
|
|
|
|
|
|||||
|
Annual surplus/annual deficit
totally |
-7.542.729,90 |
|
|
|
|
|
|
|||||
|
Annual profit/annual loss
totally |
-7.542.729,90 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
26.518.891,44 |
|
|
|
|
|
Transfer of profits totally |
26.518.891,44 |
|
|
|
|
|
B/S profit/ B/S loss from profit and
loss account |
18.976.161,54 |
|
|
|
|
Key ratios
|
|
2009 |
|
|
|
|
|
|
Cash flow II |
-4.125.402,48 |
|
|
|
|
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|
Debt amortisation period |
-4,15 |
|
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|
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|
Bank indebtedness |
17,75 |
|
|
|
|
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Equity capital share |
44,48 |
|
|
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|
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Social capital share |
2,80 |
|
|
|
|
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|
Fixed assets coverage |
176,41 |
|
|
|
|
|
|
Net profit ratio |
-15,20 |
|
|
|
|
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|
Capital turnover |
1,08 |
|
|
|
|
|
|
Return on investment |
-12,65 |
|
|
|
|
|
|
Cash flow in % of operating performance |
-8,31 |
|
|
|
|
|
|
Cash flow I |
-4.125.402,48 |
|
|
|
|
|
|
Gross productivity |
3,57 |
|
|
|
|
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|
Net productivity |
1,34 |
|
|
|
|
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Operating performance |
49.592.765,50 |
|
|
|
|
|
|
Inventories in % of operating performance |
17,57 |
|
|
|
|
|
|
Gross profit |
18.732.035,89 |
|
|
|
|
|
Locations
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Innstraße 16, A-6241 Radfeld |
registered office |
|
|
|
|
|
operational |
Innstraße 16, A-6241 Radfeld |
registered headquarters, rented premises |
|
|
|
info@datacon.at |
|
former |
Dr. Bachmannstraße 28, A-6250 Kundl |
registered headquarters |
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|
related companies
|
Company name |
Postal code |
Stake in % |
|
Companies House |
|
Shares in this company are
held by: |
||||
|
Datacon Beteiligungs GmbH |
Innstraße 16, A-6241 Radfeld |
99.01 % 2005-04-26 |
|
FN 253482 v |
|
BE Semiconductor Industries N.V. |
Ratio 6, NL-6291 Duiven |
0.99 % 2005-04-26 |
|
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||||
|
Affiliated companies and
further participations: |
||||
|
BESI Austria Holding GmbH |
Innstraße 16, A-6241 Radfeld |
|
|
FN 245280 g |
Bankers
|
Banker |
Bank sort code |
Type of banking connection |
|
Bank für Tirol und Vorarlberg Aktienges., 6300 Wörgl |
16000 |
main bank connection |
|
Fortis Bank SA/NV Niederlassung Österreich, 1120 Wien |
18100 |
main bank connection |
|
UniCredit Bank Austria AG, 6300 Wörgl |
20151 |
main bank connection |
Historical development
|
Year of incorporation: |
1986 |
|
Date of registration: |
1988-12-09 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
1999-01-18 |
2000-03-21 |
Datacon Schweitzer + Zeindl Gesellschaft m.b.H. |
|
2000-03-21 |
2002-01-17 |
Datacon Technology GmbH |
|
2002-01-17 |
2005-04-26 |
Datacon Technology AG |
|
2005-04-26 |
|
Datacon Technology GmbH |
|
Change of legal form: |
||
|
From |
To |
Legal form |
|
1999-01-18 |
2002-01-17 |
limited liability company |
|
2002-01-17 |
2005-04-26 |
joint stock company |
|
2005-04-26 |
|
limited liability company |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
1999-01-18 |
2002-01-14 |
ATS 500.000,00 |
|
2002-01-14 |
|
EUR 1.000.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
2002-01-17 |
2005-04-26 |
chairman of the supervisory board |
Herbert Schrettl |
|
2002-01-17 |
2005-04-26 |
deputy chairman of the supervisory board |
Dipl-Ing.Dr. Heinrich Scherfler |
|
2002-01-17 |
2005-04-26 |
member of the supervisory board |
Dr. Stefan Geiler |
|
2003-01-22 |
2005-04-26 |
member of the supervisory board |
Eckehart Ueberreiter |
|
2002-01-17 |
2005-04-26 |
member of the executive board |
Ing. Gerhard Zeindl |
|
2005-04-26 |
2009-12-31 |
manager |
Helmut Rutterschmidt |
|
2009-12-22 |
2010-11-25 |
manager |
Jan Willem Ruinemans |
|
2002-01-17 |
2005-04-26 |
member of the executive board |
Helmut Rutterschmidt |
|
2002-01-17 |
2005-04-26 |
member of the executive board |
Ing. Karl Schweitzer |
|
|
1999-01-14 |
manager |
Helmut Rutterschmidt |
|
|
1999-01-14 |
manager |
Ing. Karl Schweitzer |
|
|
1999-01-14 |
manager |
Ing. Gerhard Zeindl |
|
1999-01-15 |
2002-01-17 |
manager |
Helmut Rutterschmidt |
|
1999-01-15 |
2002-01-17 |
manager |
Ing. Karl Schweitzer |
|
1999-01-15 |
2002-01-17 |
manager |
Ing. Gerhard Zeindl |
|
2005-04-26 |
2005-12-08 |
manager |
Ing. Gerhard Zeindl |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
1995-05-04 |
1999-01-14 |
partner |
Helmut Rutterschmidt |
|
1995-05-04 |
1999-01-14 |
partner |
Brigitte Zeindl |
|
1993-09-28 |
1999-01-14 |
partner |
Ingrid Schweitzer |
|
1993-09-28 |
1999-01-14 |
partner |
Ing. Gerhard Zeindl |
|
2000-10-25 |
2002-01-17 |
partner |
ZEINDL Privatstiftung |
|
2001-01-18 |
2002-01-17 |
partner |
SCHWEITZER FAMILIEN PRIVATSTIFTUNG |
|
1999-01-15 |
2002-01-17 |
partner |
Helmut Rutterschmidt |
|
1999-01-15 |
2002-01-17 |
partner |
Ingrid Schweitzer |
|
1999-01-15 |
2002-01-17 |
partner |
Ing. Karl Schweitzer |
|
1999-01-15 |
2002-01-17 |
partner |
Brigitte Zeindl |
|
1999-01-15 |
2002-01-17 |
partner |
Ing. Gerhard Zeindl |
|
2005-01-04 |
2005-04-26 |
shareholder |
BE Semiconductor Industries N.V. |
|
1993-09-28 |
1999-01-14 |
partner |
Ing. Karl Schweitzer |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
1998-10-30 |
2005-01-04 |
Datacon Semiconductor Equipment GmbH |
|
Mergers: |
||
|
Date |
Function |
Name |
|
2005-01-10 |
merged with |
Datacon Semiconductor Equipment GmbH |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.57 |
|
UK Pound |
1 |
Rs.73.58 |
|
Euro |
1 |
Rs.66.23 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.