MIRA INFORM REPORT

 

 

Report Date :           

19.04.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

FRIEDRICH SANDNER

 

 

Registered Office :

1. Querstrasse  3, A-2482 Münchendorf

 

 

Country :

Austria

 

 

Year of Establishment :

1988

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Wholesale of hides, skins and leather

 

 

No. of Employees :

01

 

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  15.000,00

 

 

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 – March 31st, 2012

 

Country Name

Previous Rating

                   (31.12.2011)                  

Current Rating

(31.03.2012)

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:

2012-04-17

Company name:

Friedrich Sandner

Status:

active company

Locations:

1. Querstrasse  3, A-2482 Münchendorf

Phone:

0043 (2259) 20207

Fax:

0043 (2259) 20207

E-mail:

office@sandner.at

Internet:

http://www.sandner.at

Activities:

Önace 46240 100% Wholesale of hides, skins and leather

 

General Assessment:

 

Probability of Default (Basel II):

 

comparison:

The 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 are settled according to conditions, in some cases there have been delays and reminders.

 

Increased use of external capital. The company's solvency, however, has been average up to now. At this time there is no insight of any importance.

 

 

Maximum credit EUR  15.000,00

 

 

Additional company information

 

Year of incorporation:

1988

 

Type of company:

Wholesale and retail trade; repair of motor vehicles

 

Legal form:

sole proprietorship since 1988-01-11

 

Activities:

 

 

Trade names:

Italmoda

 

ARA-number:

10715

 

VAT number:

ATU 37320109

 

 

 

 

Import 

Country 

 

 

 

Import

India

 

2012

 

Import

Italy

 

2012

 

 

 

Financial data

 

total turnover (total sales)

2011

EUR  900.000,00

(approx.)

total turnover (total sales)

2010

EUR  900.000,00

(approx.)

total turnover (total sales)

2009

EUR  900.000,00

(approx.)

total turnover (total sales)

2008

EUR  900.000,00

(approx.)

total turnover (total sales)

2007

EUR  1.000.000,00

(approx.)

total employees

2009

1

(exact)

white collar workers

2009

1

(exact)

total stock

2012

EUR  10.000,00

(average)

total company vehicles

2012

2

(exact)

self-financed vehicles

2012

2

(exact)

lorries up to 3.5t

2012

2

(exact)

 

 

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)

Friedrich Sandner

 

1957-11-01 

 

2333 Leopoldsdorf Himberger Straße 22

proprietor

 

0

 

 

 

Locations

 

Type

Locations

Description

 

 

E-mail 

operational 

1. Querstrasse  3, A-2482 Münchendorf

registered headquarters, rented premises 

 

 

office@sandner.at

former 

Schönbrunner Allee  36-38, A-2331 Vösendorf

registered headquarters 

 

 

 

former 

Gartengasse  2, A-2351 Wiener Neudorf

registered headquarters 

 

 

 

former 

Neilreichgasse  23/13, A-1100 Wien

registered headquarters 

 

 

 

former 

Bahnhofstraße  6, A-4400 Steyr

branch office 

 

 

 

former 

Gartenstraße  2, A-2351 Wiener Neudorf

warehouse 

 

 

 

 


Bankers

 

Banker

Bank sort code

Type of banking connection

UniCredit Bank Austria AG, 1011 Wien

 

20151

 

main bank connection

 

Raiffeisen Regionalbank Mödling, 2340 Mödling

 

32250

 

main bank connection

 

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.50

UK Pound

1

Rs.81.99

Euro

1

Rs.67.54

 

 

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.