MIRA INFORM REPORT

 

 

Report Date :

20.08.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

NEXT GENERATION RECYCLINGMASCHINEN GMBH

 

 

Registered Office :

Gewerbepark  22, A-4101 Feldkirchen Donau

 

 

Country :

Austria

 

 

Financials (as on) :

30.04.2012

 

 

Date of Incorporation :

10.10.1996

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacturer of plastics and rubber machinery

 

 

No. of Employees :

68 employees

 

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

 

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:

2012-07-18

Company name:

Next Generation Recyclingmaschinen GmbH

Status:

active company

Locations:

Gewerbepark  22, A-4101 Feldkirchen Donau

Phone:

0043 (7233) 70107

Fax:

0043 (7233) 70107 - 2

E-mail:

info@ngr.at

Internet:

http://www.ngr.at

Activities:

Önace 28960 100% Manufacture of plastics and rubber machinery

 

General Assessment:

Model: CompanyScore

Probability of Default (Basel II):

0,16%

Very low risk

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:

Payments are made according to conditions within agreed terms, using cash discounts.

 

Company's solvency is average. An increasing amount of external capital is required for investments.

 

 

Collections

 

Date of collection order

Amount presently due

Amount presently paid

Collection status quo

since

2009-12-22

EUR 0,00

EUR 1.269,18

balance (outstanding) payment

2010-01-20

Sums

EUR  0,00

EUR  1.269,18

 

 

 

 

Additional company information

 

Year of incorporation:

1996

 

Type of company:

Manufacturing

 

Legal form:

limited liability company since 1996-08-09

 

companies' house number:

FN 148795 t Linz 1996-10-10

 

Activities:

 

 

Trade names:

NGR

 

VAT number:

ATU 41547509

 

number - Austrian National Bank:

3410722

 

 

Import 

Country 

 

 

 

Import

Eastern Europe

 

2012

 

Import

European Union

 

2012

 

 

 

Export 

Country 

 

 

 

Export

world-wide

 

2012

 

 

 

Financial data

 

total turnover (total sales)

2012

EUR  28.000.000,00

(expected)

total turnover (total sales)

2011

EUR  23.984.654,45

(exact)

total turnover (total sales)

2010

EUR  19.192.315,00

(exact)

total turnover (total sales)

2009

EUR  11.672.327,99

(exact)

total turnover (total sales)

2008

EUR  15.446.922,00

(exact)

total employees

2012

68

(exact)

white collar workers

2012

46

(exact)

blue collar workers

2012

22

(exact)

total company vehicles

2012

5

(approx.)

cars

2012

5

(approx.)

 

 

Extraxt from the Companies' House

 

firm (style):

    1      Next Generation Recyclingmaschinen
           GmbH

legal form:

    1      Gesellschaft mit beschränkter Haftung

registered office:

   22      politischer Gemeinde Feldkirchen an der Donau

business adress:

   22      Gewerbepark 22
           4101 Feldkirchen an der Donau

capital:

   17      EUR 72.750

reference date annual accounts:

   20      30. April

annual accounts:

   31      zum 30.04.2012 eingereicht am 23.07.2012

power of representation:

   24      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 09.08.1996                                001
          mit einem Nachtrag vom 27.9.1996.
   11   Generalversammlungsbeschluss  vom 23.04.2002                        003
          Änderung des Gesellschaftsvertrages in "§ 3"
   11   Generalversammlungsbeschluss  vom 23.04.2002                        005
          Änderung des Gesellschaftsvertrages in "§ 9"
   17   Gesellschaftsvertrag mit Generalversammlungsbeschluss               007
          vom 03.06.2005
          gemäß 1. Euro-JuBeG angepasst.
   17   Generalversammlungsbeschluss  vom 03.06.2005                        008
          Kapitalerhöhung um EUR 77,15.
          Änderung des Gesellschaftsvertrages im § "4".
   17   Generalversammlungsbeschluss  vom 03.06.2005                        009
          Änderung des Gesellschaftsvertrages in § "7".
   17   Generalversammlungsbeschluss  vom 03.06.2005                        010
          Änderung des Gesellschaftsvertrages in § "8".
   17   Generalversammlungsbeschluss  vom 03.06.2005                        011
          Änderung des Gesellschaftsvertrages in § "12".
   20   Generalversammlungsbeschluss  vom 05.02.2007                        012
          Änderung des Gesellschaftsvertrages in  § "5".
   22   Generalversammlungsbeschluss  vom 30.11.2007                        013
          Änderung des Gesellschaftsvertrages im § 2.
   24   Generalversammlungsbeschluss vom 24.11.2008 und Notariatsakt        014
          vom 19.12.2008
          Neufassung des Gesellschaftsvertrages
   27   Gesellschafterbeschluss  vom 27.04.2010                             015
          Änderung des Gesellschaftsvertrages in seinem § 5.

proxy:

         C   Ing. Gerold Barth, geb. 17.01.1967
   24        vertritt seit 24.11.2008 gemeinsam mit
             einem weiteren Gesamtprokuristen
         E   Walter Schmedler, geb. 18.07.1955
   24        vertritt seit 24.11.2008 gemeinsam mit
             einem weiteren Gesamtprokuristen
         F   Ing. Thomas Pichler, geb. 02.08.1968
   17        vertritt seit 03.06.2005 gemeinsam mit
             einem Geschäftsführer oder einem weiteren Prokuristen

managing director:

         H   Josef Hochreiter MBA, geb. 15.12.1959
   24        vertritt seit 24.11.2008 selbständig

shareholder:

         C   Ing. Gerold Barth, geb. 17.01.1967
   27        .....................    EUR 17.460
   27        ................................................    EUR 17.460
         E   Walter Schmedler, geb. 18.07.1955
   24        ......................    EUR 8.730
   24        .................................................    EUR 8.730
         F   Ing. Thomas Pichler, geb. 02.08.1968
   24        ......................    EUR 8.730
   24        .................................................    EUR 8.730
         G   Stracom Consulting & Management
             Gesellschaft m.b.H.
   24        .....................    EUR 37.830
   24        ................................................    EUR 37.830
                          ------------------------------------------------------
                   Summen:            EUR 72.750                 EUR 72.750

general table:

 Landesgericht Linz
   1 eingetragen am 10.10.1996                  Geschäftsfall  12 Fr  4519/96 d
       Antrag auf Neueintragung einer Firma  eingelangt am 11.09.1996
 Landesgericht Wels
  10 eingetragen am 25.04.2002                  Geschäftsfall  27 Fr  1704/02 z
       Antrag auf Änderung  eingelangt am 24.04.2002
  11 eingetragen am 07.05.2002                  Geschäftsfall  27 Fr  1847/02 i
       Antrag auf Änderung  eingelangt am 26.04.2002
  16 eingetragen am 24.06.2005                  Geschäftsfall  27 Fr  2175/05 v
       Antrag auf Änderung  eingelangt am 16.06.2005
  17 eingetragen am 05.07.2005                  Geschäftsfall  27 Fr  2283/05 b
       Antrag auf Änderung  eingelangt am 16.06.2005
  20 eingetragen am 17.02.2007                  Geschäftsfall  27 Fr  1032/07 f
       Antrag auf Änderung  eingelangt am 09.02.2007
 Landesgericht Linz
  22 eingetragen am 09.02.2008                  Geschäftsfall  32 Fr    59/08 s
       Antrag auf Sitzverlegung  eingelangt am 07.01.2008
  24 eingetragen am 30.12.2008                  Geschäftsfall  32 Fr  7226/08 f
       Antrag auf Änderung  eingelangt am 28.11.2008
  27 eingetragen am 15.10.2010                  Geschäftsfall  32 Fr  4364/10 p
       Antrag auf Änderung  eingelangt am 03.09.2010
  31 eingetragen am 07.08.2012                  Geschäftsfall  32 Fr  3349/12 p
       Elektronische Einreichung Jahresabschluss  eingelangt am 23.07.2012

 

 

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)

MBA.  Josef Hochreiter

1959-12-15 

4240 Waldburg Nr. 81

manager

2

IngGerold Barth

 

1967-01-17 

 

4073 Wilhering Ziegelofenweg 13

partner,

joint signing clerk,

head of accounting,

head of purchasing,

head of personnel

 

0

 

Thomas Pichler

 

1968-08-02 

 

4170 Haslach Mühl Flachsfeld 11

partner,

joint signing clerk

 

0

 

Walter Schmedler

1955-07-18 

4850 Timelkam Wimberg 19

partner,

joint signing clerk,

head of sales

0

Ing.  Manfred Dobersberger

1967-05-24 

 

4061 Pasching Schmiedgasse 28

 

head of marketing

 

0

 

Thomas Pichler

 

  

 

4614 Marchtrenk Hovalstraße 11(c/o)

head of EDP

 

0

 

 

 

Balance Sheet

(absolute) all amounts in EUR 

 

 

2012-04-30 

Franchises, patents, licences, trademarks and similar rights and advantages

240.306,50

Sum intangible assets

240.306,50

Land and leasehold rights with buildings thereon including building on land owned by third parties

32.387,79

Other operating and business equipment

156.691,69

Technical plants and machines

263.090,65

Sum tangible assets

452.170,13

Shares on related firms

13.932,30

Other financial assets, values and securities of fixed assets

7.809,75

Sum financial assets

21.742,05

Sum fixed assets

714.218,68

Raw-, auxiliary materials and supplies

2.076.258,19

Unfinished products

116.749,41

Finished products

1.194.364,09

Sum stock

3.387.371,69

Claims from delivered goods and performed services

3.634.260,43

Claims against related firmes Claims against companies with shareholding relationship

838.378,29

Other claims and assets

273.690,21

Sum claims

4.746.328,93

Cash on hand, cheques and bank deposits

893.602,44

Sum cash and bank

893.602,44

Sum current assets

9.027.303,06

Deferred charges

112.678,02

Sum deferred charges

112.678,02

Assets

9.854.199,76

Subscribed/declared capital

72.750,00

Not committed capital reserves

150.000,00

Balance sheet profit/balance sheet loss

1.181.850,29

Thereof profit/loss carried forward

27.214,15

Shares of silent partner

1.576.490,58

Sum equity capital

2.981.090,87

Other reserves before taxes

7.144,95

Sum reserves before taxes

7.144,95

Reservesfor severance pays

160.453,41

Tax reserves

374.000,00

Other reserves

748.637,99

Sum reserves

1.283.091,40

Liabilities against credit institutes

2.811.560,64

Received advanced payments for orders

636.421,68

Liabilities from delivered goods and performed services from the acceptance of drafts and emission of promissory notes

1.162.247,00

Other liabilities

887.493,22

Special account liabilities

85.150,00

Sum liabilities

5.582.872,54

Liabilities

9.854.199,76

Balance sheet sum

9.854.199,76

P / L Account 

(absolute) all amounts in EUR 

 

 

2012-04-30 

Gross sales 

23.984.654,45

Increase or decrease in finished and unfinished goods and in service claims 

126.559,66

Other manufacturing costs capitalized 

242.060,63

Sum turnover or sum gross profit 

24.353.274,74

Profits from retirement of fixed assets, except financial assets 

4.747,63

Other operating profits 

322.959,67

Other operating profits totally 

327.707,30

Costs for obtained services 

-384.403,63

Special account material costs 

-12.199.753,02

Costs for obtained services totally 

-12.584.156,65

Wages 

-754.860,82

Salaries 

-2.777.078,56

Costs for severance pays 

-68.964,04

Legal fringe benefits and other payments depending on salaries 

-851.539,15

Other social fringe benefits 

-41.621,15

Personnel expenses totally 

-4.494.063,72

Depreciation of intangible assets, tangible assets,activated expenses for the set up and expansion of business operation 

-259.561,26

Depreciation tangible assets / intangible assets totally 

-259.561,26

Different operating costs 

-5.554.295,72

Other taxes 

-4.105,50

Other operating costs totally 

-5.558.401,22

Operating result totally 

1.784.799,19

Interest income, securties income and similar income 

80.567,92

Interest and similar disbursements 

-95.737,39

Financial profits totally 

-15.169,47

Results from usual business activity totally 

1.769.629,72

Extraordinary costs 

-222.500,00

Extraordinary result totally 

-222.500,00

Taxes on income and profits 

-392.755,82

Taxes on income and profits totally 

-392.755,82

Annual surplus/annual deficit totally 

1.154.373,90

Dissolution reserves before taxes 

262,24

Reserves movements totally 

262,24

Annual profit/annual loss totally 

1.154.636,14

Profit and loss carried forward from previous year 

27.214,15

Transfer of profits totally 

27.214,15

B/S profit/ B/S loss from profit and loss account 

1.181.850,29

 

 

Key ratios

 

 

2012  

Cash flow II

  1.413.935,16

Debt amortisation period

  3,77

Bank indebtedness

  28,53

Equity capital share

  32,41

Social capital share

  1,62

Fixed assets coverage

  440,85

Net profit ratio

  7,26

Capital turnover

  2,47

Return on investment

  18,92

Cash flow in % of operating performance

  5,80

Cash flow I

  2.029.190,98

Gross productivity

  5,41

Net productivity

  2,61

Operating performance

  24.353.274,74

Inventories in % of operating performance

  13,90

Gross profit

  11.769.118,09

Locations

 

Type

Locations

Description

 

 

E-mail 

operational 

Gewerbepark  22, A-4101 Feldkirchen Donau

registered office 

 

 

 

operational 

Gewerbepark  22, A-4101 Feldkirchen Donau, (seit 12.11.2007)

registered headquarters, rented premises 

 

 

info@ngr.at

former 

Hovalstraße  11, A-4614 Marchtrenk

registered office 

 

 

 

former 

Fallerstr.  7, A-4073 Wilhering

registered office 

 

 

 

former 

Hovalstraße  11, A-4614 Marchtrenk

registered headquarters 

 

 

 

former 

Fallerstraße  7, A-4073 Wilhering

registered headquarters 

 

 

related companies

 

Company name

 

Postal code

 

Stake in %

 

 

Companies House

 

Shares in this company are held by:

Stracom Consulting & Management Gesellschaft m.b.H.

Nr.  81, A-4240 Waldburg

52 % 2005-06-24

 

 

FN 194115 p

 

Ing. Gerold Barth

 

Ziegelofenweg  13, A-4073 Wilhering

24 % 1996-10-10

 

 

 

Walter Schmedler

 

Wimberg  19, A-4850 Timelkam

12 % 2002-04-25

 

 

 

Thomas Pichler

 

Flachsfeld  11, A-4170 Haslach Mühl

12 % 2002-04-25

 

 

 

 

 

Bankers

 

Banker

Bank sort code

Type of banking connection

Allgemeine Sparkasse Oberösterreich Bankaktienges., 4041 Linz

 

20320

 

main bank connection

 

 


Historical development

 

Year of incorporation:

1996

Date of registration:

1996-10-10

 

Change of company name:

From

To

Company name

   

  2002-09-24

Next Generation Recyclingmaschinen GmbH 

  2002-09-24

  2003-10-01

Next Generation Recyclingmaschinen GmbH 

  2003-10-01

   

Next Generation Recyclingmaschinen GmbH 

 

Change in share capital:

From

To

Capital

   

  2005-07-05

ATS  1.000.000,00

  2005-07-05

   

EUR  72.750,00

 

Former executives:

From

To

Function

Name

  1996-10-10

  1998-09-11

manager 

Dipl-Ing. Günter Kroiß 

  1996-10-10

  2001-05-18

manager 

Ing. Markus Fellinger 

  1998-09-11

  2008-12-30

manager 

Ing. Gerold Barth 

  2002-05-07

  2008-12-30

manager 

Walter Schmedler 

  1997-10-24

  1998-09-11

joint signing clerk 

Ing. Gerold Barth 

  1997-10-24

  2005-07-05

joint signing clerk 

Ing. Manfred Dobersberger 

  2005-07-05

  2008-12-30

joint signing clerk 

MBA. Josef Hochreiter 

  1998-09-11

  2010-11-26

joint signing clerk 

Dipl-Ing. Günter Kroiß 

 

Former shareholders:

From

To

Function

Name

  2002-04-25

  2002-05-07

partner 

Thomas Pichler 

  1996-10-10

  2002-04-25

partner 

Ing. Markus Fellinger 

  1996-10-10

  2005-06-24

partner 

Ing. Manfred Dobersberger 

  1996-10-10

  2010-10-15

partner 

Dipl-Ing. Günter Kroiß 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.70

UK Pound

1

Rs.87.55

Euro

1

Rs.68.85

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.