MIRA INFORM REPORT

 

 

Report Date :

07.02.2012

 

IDENTIFICATION DETAILS

 

Name :

IFK-HANDELSGESELLSCHAFT M.B.H.

 

 

Registered Office :

SiezenheimerstraGe 29a, A-5020 Salzburg

 

 

Country :

Austria 

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

20.04.1989

 

 

Legal Form :

Limited Liability Company Since 1989-04-13

 

 

Line of Business :

Wholesale of other machinery and equipment

 

 

No. of Employees :

18

 

 

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 506.000,00

Status :

Satisfactory

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

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:

2012-04-04

Company name:

IFK-Handelsgesellschaft m.b.H.

Status:

active company

Locations:

SiezenheimerstraGe 29a, A-5020 Salzburg

Phone:

0043 (662) 439594

Fax:

0043 (662) 439594 - 35

E-mail:

office@ifk.at

Internet:

http://www.ifk.at

Activities:

Onace 46690 100% Wholesale of other machinery and equipment

comparison:

The KSV-Rating of this company is better than industry average.

Recommendation:

In respect to solvency reasons, there is nothing to say against an establishment of

 

a business relationship.

Detail Assessment:

 

 

Merchandise is mainly imported. Domestic obligations and invoices of forwarders

 

are settled within net agreements.

 

 

 

Financial situation is satisfactory.

 

Maximum credit EUR 506.000,00

 

Additional company information

 

Year of incorporation:

1989

Type of company:

Wholesale and retail trade; repair of motor vehicles

Legal form:

limited liability company since 1989-04-13

companies' house number:

FN 122169 k Salzburg 1989-04-20

Activities:

 

ARA-number:

5745

 

VAT number:     ATU 22720802

Bank: number - Austrian National 1225200

 

Import

Country

 

 

 

Import

European Union

 

2012

 

 

 

Financial data

 

total turnover (total sales)

2011

EUR 22.000.000,00

(estimated)

total turnover (total sales)

2010

EUR 22.000.000,00

(estimated)

total turnover (total sales)

2009

EUR 20.000.000,00

(approx.)

total turnover (total sales)

2008

EUR 25.000.000,00

(approx.)

total turnover (total sales)

2007

EUR 23.500.000,00

(approx.)

total employees

2012

18

(approx.)

total employees

2011

18

(average)

total employees

2010

20

(exact)

total stock

2012

EUR 2.000.000,00

(average)

total company vehicles

2012

5

(approx.)

cars

2012

3

(approx.)

lorries up to 3.5t

2012

2

(approx.)

 

 

Data from the Companies' House

 

Letzte

Eintragung am 21.09.2011 mit der Eintragungsnummer 23

zustandiges Gericht Landesgericht Salzburg

1

fruher Landesgericht Steyr HRB 1243

 

Ersteintragung am 20.04.1989

FIRMA:

1

IFK-Handelsgesellschaft m.b.H.

RECHTSFORM:

1

Gesellschaft mit beschrankter Haftung

SITZ in:

15

politischer Gemeinde Salzburg

GESCHAFTSANSCHRIFT:

15

Siezenheimer StraSe 29 A

 

5020 Salzburg

GESCHAFTSZWEIG:

9

Handel

KAPITAL:

1

ATS 500.000

STICHTAG fur JAHRESABSCHLUSS:

1

31. Dezember

 

Jahresabschluss:

 

23         zum 31.12.2010 eingereicht am 16.09.2011

VERTRETUNGSBEFUGNIS:

1          Die Generalversammlung bestimmt,  wenn mehrere Geschafts-

fuhrer bestellt sind,  deren Vertretungsbefugnis. 1      Gesellschaftsvertrag   vom 13.04.1989 001 15      Generalversammlungsbeschluss    vom 09.02.2005 002 Anderung des Gesellschaftsvertrages in Punkt Zweitens.

GESCHAFTSFUHRER (handelsrechtlich):

F     Mag Monika Frisch,  geb. 21.12.1970
9          vertritt seit 26.06.2002 selbstandig

GESELLSCHAFTER STAMMEINLAGE HIERAUF GELEISTET:

F     Mag Monika Frisch,  geb. 21.12.1970
10                     ATS 10 0.000

10                     ATS 10 0.000

H    IFK Holding GmbH

21                     ATS 4 0 0.000

21                     ATS 4 0 0.000

Summen:          ATS 500.000     ATS 500.000

PERSONEN:

4        F     Mag Monika Frisch,  geb. 21.12.1970
4          Hangweg 7

5300 Hallwang 21      H    IFK Holding GmbH

21         (FN 279522 m)

21         Siezenheimer StraSe 29 A

5020 Salzburg

VOLLZUGSUBERSICHT:

 

Landesgericht Steyr

 

 

 

 

1

Ersterfassung abgeschlossen am 14.10.1994 Geschaftsfall Ersterfassung gem. Art. XXIII Abs.  4 FBG

911

Fr

295/94

f

4

eingetragen am 10.10.2000 Geschaftsfall

21

Fr

2760/00

g

 

Antrag auf Anderung - Geschaftsfuhrer    eingelangt am 05.09.2000

 

9

eingetragen am 11.07.2002 Geschaftsfall Antrag auf Anderung GF und GS    eingelangt am 05.07.2002

21

Fr

1828/02

d

10

eingetragen am 18.09.2002 Geschaftsfall Antrag auf Anderung GS    eingelangt am 16.09.2002

21

Fr

2375/02

h

Landesgericht Salzburg

 

 

 

 

15

eingetragen am 19.03.2005 Geschaftsfall Antrag auf Sitzverlegung    eingelangt am 14.02.2005

24

Fr

1216/05

h

21

eingetragen am 31.12.2009 Geschaftsfall Antrag auf Anderung    eingelangt am 23.12.2009

24

Fr

10617/09

v

23

eingetragen am 21.09.2011 Geschaftsfall

24

Fr

10865/11

a

 

Elektronische Einreichung Jahresabschluss    eingelangt am 16.09.2011

 

 

 

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)

Mag. Monika Frisch

1970-12-21

5300 Hallwang Hangweg 7

manager, partner,

head of accounting, head of marketing

5

Erika Schmidt

 

5020 Salzburg SiezenheimerstraGe

29a(c/o)

head of accounting

0

Robert Grabner

 

4501 Neuhofen Krems SiezenheimerstraGe

29a(c/o)

head of purchasing, head of sales

0

Michael Winter

 

5020 Salzburg SiezenheimerstraGe

29a(c/o)

head of sales

0

 

Balance Sheet (absolute) all amounts in EUR

 

 

2010-12-31

Diff. %

2009-12-31

Diff. %

2008-12-31

Tangible assets

143.490,63

-28,43

200.482,00

0,84

198.810,16

Sum tangible assets

143.490,63

-28,43

200.482,00

0,84

198.810,16

 

Financial assets

 

 

 

 

6.211,59

Sum financial assets

 

 

 

 

6.211,59

 

Sum fixed assets

143.490,63

-28,43

200.482,00

-2,21

205.021,75

 

Stocks

1.779.278,88

123,84

794.886,33

-53,17

1.697.226,69

Sum stock

1.779.278,88

123,84

794.886,33

-53,17

1.697.226,69

 

Claims and other assets

2.541.070,51

35,67

1.872.931,06

34,29

1.394.699,45

Sum claims

2.541.070,51

35,67

1.872.931,06

34,29

1.394.699,45

 

Cash on hand, cheques and bank deposits

654.493,86

-31,70

958.297,70

357,71

209.368,74

Sum cash and bank

654.493,86

-31,70

958.297,70

357,71

209.368,74

 

Sum current assets

4.974.843,25

37,19

3.626.115,09

9,84

3.301.294,88

 

Deferred charges

 

 

 

 

1.045,04

Sum deferred charges

 

 

 

 

1.045,04

Assets

5.118.333,88

33,76

3.826.597,09

9,10

3.507.361,67

 

Subscribed/declared capital

36.336,42

0,00

36.336,42

0,00

36.336,42

Profit reserves

104.232,22

0,00

104.232,22

0,00

104.232,22

 

Balance sheet profit/balance

1.631.160,41

25,64

1.298.275,97

70,00

763.685,69

sheet loss

 

 

 

 

 

Thereof profit/loss carried

1.298.275,97

70,00

763.685,69

2,56

744.655,79

forward

 

 

 

 

 

Sum equity capital

1.771.729,05

23,14

1.438.844,61

59,12

904.254,33

 

Other reserves before taxes

9.681,74

7,52

9.004,24

 

 

Sum reserves before taxes

9.681,74

7,52

9.004,24

 

 

 

Reserves

978.513,54

11,44

878.090,41

37,25

639.762,65

Sum reserves

978.513,54

11,44

878.090,41

37,25

639.762,65

 

Liabilities

2.358.409,55

57,16

1.500.657,83

-23,57

1.963.344,69

Sum liabilities

2.358.409,55

57,16

1.500.657,83

-23,57

1.963.344,69

 

Liabilities

5.118.333,88

33,76

3.826.597,09

9,10

3.507.361,67

 

Balance sheet sum

5.118.333,88

33,76

3.826.597,09

9,10

3.507.361,67

Balance Sheet (relative)

 

 

2010-12-31

2009-12-31

2008-12-31

Tangible assets

2,80

5,24

5,67

Sum tangible assets

2,80

5,24

5,67

 

Financial assets

 

 

0,18

Sum financial assets

 

 

0,18

 

Sum fixed assets

2,80

5,24

5,85

 

Stocks

34,76

20,77

48,39

Sum stock

34,76

20,77

48,39

 

Claims and other assets

49,65

48,95

39,76

Sum claims

49,65

48,95

39,76

 

Cash on hand, cheques and bank deposits

12,79

25,04

5,97

Sum cash and bank

12,79

25,04

5,97

 

Sum current assets

97,20

94,76

94,12

 

Deferred charges

 

 

0,03

Sum deferred charges

 

 

0,03

Assets

100,00

100,00

100,00

 

Subscribed/declared capital

0,71

0,95

1,04

Profit reserves

2,04

2,72

2,97

Balance sheet profit/balance sheet loss

31,87

33,93

21,77

 

Thereof profit/loss carried forward

25,37

19,96

21,23

Sum equity capital

34,62

37,60

25,78

 

Other reserves before taxes

0,19

0,24

 

Sum reserves before taxes

0,19

0,24

 

 

Reserves

19,12

22,95

18,24

Sum reserves

19,12

22,95

18,24

 

Liabilities

46,08

39,22

55,98

Sum liabilities

46,08

39,22

55,98

 

Liabilities

100,00

100,00

100,00

 

Balance sheet sum                                                                 100,00           100,00 100,00

 

 

Key ratios

 

 

2010

Diff. %

2009

Diff. %

2008

Key industry sector average

Equity capital share

34,80

-8,01

37,83

+46,74

25,78

26,22

Fixed assets coverage

1.241,48

+71,91

722,18

+63,74

441,05

205,00

 

*The industry average values of the ratios are calculated on the base of anonymized balance sheet data of Austrian companies, and are provided by KMU FORSCHUNG AUSTRIA (Austrian Institute for SME Research).

 

Key industry sector comparsion

Equity capital share

Equity Quota of this company is better than industry average.

 

 

 

 

Locations

 

Type

Locations

Description

 

Phone Fax

E-mail

operational

SiezenheimerstraGe 29 A, A-5020 Salzburg

registered office

operational

SiezenheimerstraGe 29a, A-5020 Salzburg

registered headquarters, rented premises

 

0043 662 439594            0043 662 439594 35

office@ifk.at

former

LothringenstraGe 1,A-4501 Neuhofen Krems

registered office

former

SchmidleitenstraGe 2, A-4501 Neuhofen Krems

registered office

former

KleGheimer Allee 40, A-5020 Salzburg

registered headquarters

former

KleGheimerallee 40, A-5020 Salzburg

warehouse

former

LothringenstraGe 1, A-4501 Neuhofen Krems

registered headquarters

 

 

related companies

 

Company name

Postal code

Stake in %

KSV-numb

'Companies House

Shares in this company are held by:

IFK Holding GmbH

SiezenheimerstraGe 29a, A-5020 Salzburg

80% 2009-12-31

1.492.712

FN 279522 m

Mag. Monika Frisch

Hangweg 7, A-5300 20 % 2000-10-10 Hallwang

900.413.227

 

 

Affiliated companies and further participations:

IFK-Gesellschaft m.b.H.

PodhorezkystraGe 4-6, A-1230 Wien

 

201.595

FN 115096 i

Hydrowatt Alternative Energietechnik Ge.m.b.H.

Pfaffenberg 23, A-9821 Obervellach

 

741.343

FN 141805 m

IFK-Gesellschaft m.b.H.

SiezenheimerstraGe 29A, A-5020 Salzburg

 

96.042

FN 68789 k

CHEMA Vertriebs -Gesellschaft m.b.H.

SiezenheimerstraGe 29 A, A-5020 Salzburg

 

133.521

FN 107689t

FreshFX Media GmbH

SiezenheimerstraGe 29a, A-5020 Salzburg

 

1.330.285

FN 245289 w

 

 

Bankers

 

Banker

Bank sort code

Type of banking connection

UniCredit Bank Austria AG, 5027 Salzburg

11000

main bank connection

 

 

Historical development

 

Year of incorporation:

1989

Date of registration:

1989-04-20

 

Former executives:

From

To

Function

Name

1994-10-14

2001-02-17

manager

Ing. Alfred Hofstatter

2000-10-10

2002-07-11

manager

Leonhard Hink

 

Former shareholders:

From

To

Function

Name

1994-10-14

2001-02-17

partner

Ulrike Hofstatter

 

1994-10-14

2002-07-11

partner

Ing. Norbert Klauser

2000-10-10

2002-09-18

partner

Leonhard Hink

2002-02-02

2009-12-31

partner

Dipl-Ing. Walter Frisch

1994-10-14

2001-02-17

partner

Ing. Alfred Hofstatter


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.04

UK Pound

1

Rs.81.08

Euro

1

Rs.67.39

 

 

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.