MIRA INFORM REPORT

 

 

Report Date :

24.08.2012

 

IDENTIFICATION DETAILS

 

Name :

PRILLINGER GESELLSCHAFT M.B.H.

 

 

Registered Office :

Wimpassingerstraße  81, A-4600 Wels

 

 

Country :

Austria

 

 

Financials (as on) :

31.10.2011

 

 

Date of Incorporation :

1958

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture of agricultural and forestry machinery

 

 

No. of Employees :

Not Available

 

 

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:

2012-08-22

Company name:

Prillinger Gesellschaft m.b.H.

Status:

active company

Locations:

Wimpassingerstraße  81, A-4600 Wels

Phone:

0043 (7242) 230

Fax:

0043 (7242) 230 - 250

E-mail:

mein.partner@prillinger.at

Internet:

http://www.prillinger.at

Activities:

Önace 28300 60% Manufacture of agricultural and forestry machinery

 

Önace 46610 40% Wholesale of agricultural machinery, equipment and supplies

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:

Payment 200

Payments are sometimes made using cash discounts or according to conditions.

 

Assessment 250

Financial situation is satisfactory.

 

 

Additional company information   

 

Year of incorporation:

1958

 

Type of company:

Manufacturing

 

Legal form:

limited liability company since 2000-08-16

 

companies' house number:

FN 198762 y Wels 2000-09-26

 

Activities:

 

 

DVR number:

0447056

 

ARA-number:

6189

 

VAT number:

ATU 52686106

 

number - Austrian National Bank:

4824946

 

 

 

 

Import 

Country 

 

 

 

Import

European Union

 

2012

 

 

 

Export 

Country 

 

 

 

Export

Australia

 

2012

 

Export

Czech Republic

 

2012

 

Export

France

 

2012

 

Export

Germany

 

2012

 

Export

Hungary

 

2012

 

Export

Island

 

2012

 

Export

Ireland

 

2012

 

Export

Libyan Arabic Ghamahirija

 

2012

 

Export

Slovak Republic

 

2012

 

Export

Slovenia

 

2012

 

Export

Spain

 

2012

 

Export

Switzerland

 

2012

 

Export

USA

 

2012

 

 

 

Financial data

 

total turnover (total sales)

2011

EUR  38.500.000,00

(estimated)

total turnover (total sales)

2010

EUR  38.500.000,00

(approx.)

total turnover (total sales)

2009

EUR  38.590.000,00

(approx.)

total turnover (total sales)

2008

EUR  37.564.000,00

(exact)

total turnover (total sales)

2007

EUR  35.308.000,00

(exact)

total employees

2012

136

(average)

 

 

Extraxt from the Companies' House

 

firm (style):

    5      Prillinger Gesellschaft m.b.H.

legal form:

    1      Gesellschaft mit beschränkter Haftung

registered office:

    5      politischer Gemeinde Wels

business adress:

    5      Wimpassinger Straße 81
           4600 Wels

capital:

    1      EUR 35.000

reference date annual accounts:

   13      31. Oktober

annual accounts:

   29      zum 31.10.2011 eingereicht am 30.07.2012

power of representation:

    5      Die Generalversammlung bestimmt, wenn mehrere Geschäfts-
           führer bestellt sind, deren Vertretungsbefugnis.
           Gemischte Vertretung möglich.
    1   Erklärung über die Errichtung der Gesellschaft                      001
          vom 16.08.2000
    5   Generalversammlungsbeschluss  vom 23.08.2001                        002
          Neufassung der Erklärung über die Errichtung der
          Gesellschaft.
    8   Generalversammlungsbeschluss  vom 27.09.2001                        003
          Spaltung zur Aufnahme eines Vermögensteiles der
          Prillinger Verwaltungs-
          Gesellschaft mbH
          (FN 106479 m)
          und zwar
          des Betriebes "Gesamter Betrieb zur Erzeugung und zum
          Vertrieb von Maschinen, Geräten und Metallkonstruktionen
          aller Art"
          gemäß Spaltungs- und Übernahmsvertrag vom 27.09.2001.
   13   Gesellschafterbeschluss  vom 30.09.2003                             004
          Änderung der Erklärung über die Errichtung der Gesellschaft
          in Punkt "IV."

proxy:

         J   Heinrich Freymüller, geb. 06.08.1958
   19        vertritt seit 24.05.2007 gemeinsam mit
             einem Geschäftsführer oder einem weiteren Prokuristen

managing director:

         L   Mag. Franz Edlbauer MBA, geb. 19.10.1966
   22        vertritt seit 01.07.2008 selbständig

shareholder:

         E   Aloisia Prillinger, geb. 09.05.1944
    4        .........................    EUR 70
    4        ....................................................    EUR 70
         L   Mag. Franz Edlbauer MBA, geb. 19.10.1966
   24        ......................    EUR 8.750
   24        .................................................    EUR 8.750
         M   Mag. Anna-Maria Edlbauer, geb. 12.03.1967
   24        .....................    EUR 26.180
   24        ................................................    EUR 26.180
                          ------------------------------------------------------
                   Summen:            EUR 35.000                 EUR 35.000

general table:

 Landesgericht Linz
   1 eingetragen am 26.09.2000                  Geschäftsfall  13 Fr  3033/00 d
       Antrag auf Neueintragung einer Firma  eingelangt am 28.08.2000
   4 eingetragen am 23.08.2001                  Geschäftsfall  13 Fr  2722/01 f
       Antrag auf Änderung  eingelangt am 02.07.2001
 Landesgericht Wels
   5 eingetragen am 06.09.2001                  Geschäftsfall  27 Fr  2959/01 k
       Antrag auf Sitzverlegung  eingelangt am 05.09.2001
   8 eingetragen am 25.10.2001                  Geschäftsfall  27 Fr  3492/01 w
       Antrag auf Änderung  eingelangt am 28.09.2001
  13 eingetragen am 04.10.2003                  Geschäftsfall  27 Fr  3887/03 v
       Antrag auf Änderung  eingelangt am 02.10.2003
  19 eingetragen am 06.06.2007                  Geschäftsfall  27 Fr  2491/07 a
       Antrag auf Änderung  eingelangt am 25.05.2007
  22 eingetragen am 08.07.2008                  Geschäftsfall  27 Fr  2707/08 b
       Antrag auf Änderung  eingelangt am 02.07.2008
  24 eingetragen am 08.01.2009                  Geschäftsfall  27 Fr    36/09 h
       Antrag auf Änderung  eingelangt am 05.01.2009
  29 eingetragen am 31.07.2012                  Geschäftsfall  27 Fr  1801/12 f
       Elektronische Einreichung Jahresabschluss  eingelangt am 30.07.2012

 

 

Real estate

 

No real estate property registered

 

 

Private data

 

 

Surname

 

 

Date of birth

 

 

Address

 

 

Executive positions

 

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

Mag.  Franz Edlbauer

1966-10-19 

4600 Wels Ziehrerstraße 13

manager,

partner

4

Mag.  Anna Maria Edlbauer

1967-03-12 

 

4600 Wels Ziehrerstraße 13

 

partner

 

2

 

Aloisia Prillinger

 

1944-05-09 

 

4600 Wels Wimpassingerstraße 79

partner

 

2

 

Heinrich Freymüller

1958-08-06 

4600 Wels Getreidestraße 3

joint signing clerk

0

Karl Michlmair

 

  

 

4600 Wels Collmannstraße 2(c/o)

head of accounting

 

0

 

Mag.  Florian Schönleitner

1969-03-21 

 

4810 Gmunden Hebbelstraße 9a

 

head of sales,

head of marketing

 

1

 

 

 

Balance Sheet  (absolute) all amounts in EUR 

 

 

2011-10-31 

 

 

 

 

Other intangible assets

414.000,36

 

 

 

 

Sum intangible assets

414.000,36

 

 

 

 

 

Land with buildings (basic value)

396.644,99

 

 

 

 

Other operating and business equipment

1.064.970,64

 

 

 

 

Technical plants and machines

217.412,29

 

 

 

 

Sum tangible assets

1.679.027,92

 

 

 

 

 

Sum fixed assets

2.093.028,28

 

 

 

 

 

Special account stock

9.075.216,37

 

 

 

 

Sum stock

9.075.216,37

 

 

 

 

 

Special account claims

5.102.958,54

 

 

 

 

Sum claims

5.102.958,54

 

 

 

 

 

Cash on hand, cheques and bank deposits

1.424.326,18

 

 

 

 

Sum cash and bank

1.424.326,18

 

 

 

 

 

Sum current assets

15.602.501,09

 

 

 

 

 

Deferred charges

55.052,62

 

 

 

 

Sum deferred charges

55.052,62

 

 

 

 

Assets

17.750.581,99

 

 

 

 

 

Subscribed/declared capital

35.000,00

 

 

 

 

Legal reserves

9.283.500,00

 

 

 

 

Balance sheet profit/balance sheet loss

2.886.114,25

 

 

 

 

Thereof profit/loss carried forward

440,17

 

 

 

 

Sum equity capital

12.204.614,25

 

 

 

 

 

Valuation reserves and other reserves before taxes

138.562,71

 

 

 

 

Sum reserves before taxes

138.562,71

 

 

 

 

 

Reservesfor severance pays

454.000,00

 

 

 

 

Other reserves

2.070.075,65

 

 

 

 

Sum reserves

2.524.075,65

 

 

 

 

 

Other liabilities

2.883.329,38

 

 

 

 

Sum liabilities

2.883.329,38

 

 

 

 

 

Liabilities

17.750.581,99

 

 

 

 

 

Balance sheet sum

17.750.581,99

 

 

 

 

 

 

P / L Account  (absolute) all amounts in EUR 

 

2011-10-31 

 

 

 

 

Gross profit 

16.605.031,75

 

 

 

 

Sum turnover or sum gross profit 

16.605.031,75

 

 

 

 

 

Profits from retirement of fixed assets, except financial assets 

18.429,59

 

 

 

 

Income from dissolution of reserves 

26.704,78

 

 

 

 

Other operating profits 

1.386.001,89

 

 

 

 

Other operating profits totally 

1.431.136,26

 

 

 

 

 

Wages 

-1.451.733,77

 

 

 

 

Salaries 

-3.597.694,29

 

 

 

 

Costs for severance pays 

-84.340,29

 

 

 

 

Legal fringe benefits and other payments depending on salaries 

-1.346.511,77

 

 

 

 

Other social fringe benefits 

-118.408,10

 

 

 

 

Personnel expenses totally 

-6.598.688,22

 

 

 

 

 

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

-727.174,37

 

 

 

 

Depreciation tangible assets / intangible assets totally 

-727.174,37

 

 

 

 

 

Different operating costs 

-6.628.275,20

 

 

 

 

Other taxes 

-72,00

 

 

 

 

Other operating costs totally 

-6.628.347,20

 

 

 

 

 

Operating result totally 

4.081.958,22

 

 

 

 

 

Interest income, securties income and similar income 

72.311,18

 

 

 

 

Interest and similar disbursements 

-110.378,14

 

 

 

 

Financial profits totally 

-38.066,96

 

 

 

 

 

Results from usual business activity totally 

4.043.891,26

 

 

 

 

 

Taxes on income and profits 

-1.168.650,09

 

 

 

 

Taxes on income and profits totally 

-1.168.650,09

 

 

 

 

Annual surplus/annual deficit totally 

2.875.241,17

 

 

 

 

 

Dissolution reserves before taxes 

14.201,77

 

 

 

 

Transfer to reserves before taxes 

-3.768,86

 

 

 

 

Reserves movements totally 

10.432,91

 

 

 

 

Annual profit/annual loss totally 

2.885.674,08

 

 

 

 

 

Profit and loss carried forward from previous year 

440,17

 

 

 

 

Transfer of profits totally 

440,17

 

 

 

 

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

2.886.114,25

 

 

 

 

 

 

Key ratios

 

 

2011  

 

 

 

 

 

Cash flow II

  3.602.415,54

 

 

 

 

 

Debt amortisation period

  1,10

 

 

 

 

 

Bank indebtedness

  0,00

 

 

 

 

 

Equity capital share

  69,53

 

 

 

 

 

Social capital share

  2,55

 

 

 

 

 

Fixed assets coverage

  611,41

 

 

 

 

 

Net profit ratio

  0,00

 

 

 

 

 

Capital turnover

  0,00

 

 

 

 

 

Return on investment

  23,40

 

 

 

 

 

Cash flow in % of operating performance

  0,00

 

 

 

 

 

Cash flow I

  4.771.065,63

 

 

 

 

 

Gross productivity

  0,00

 

 

 

 

 

Net productivity

  0,00

 

 

 

 

 

Operating performance

  0,00

 

 

 

 

 

Inventories in % of operating performance

  0,00

 

 

 

 

 

Gross profit

  16.605.031,75

 

 

 

 

 

 

 

Locations

 

Type

Locations

Description

 

 

E-mail 

operational 

Wimpassingerstraße  81, A-4600 Wels

registered headquarters, rented premises 

 

 

mein.partner@prillinger.at

operational 

Wimpassingerstraße  81, A-4600 Wels

registered office 

 

 

 

former 

Kudlichstraße  41-43, A-4020 Linz

registered office 

 

 

 

former 

Kudlichstraße  41-43, A-4020 Linz

registered headquarters 

 

 

 

 

related companies

 

Company name

 

Postal code

 

Stake in %

 

 

Companies House

 

Shares in this company are held by:

Mag. Anna Maria Edlbauer

 

Ziehrerstraße  13, A-4600 Wels

74.8 % 2009-01-08

 

 

 

Mag. Franz Edlbauer

 

Ziehrerstraße  13, A-4600 Wels

25 % 2009-01-08

 

 

 

Aloisia Prillinger

 

Wimpassingerstraße  79, A-4600 Wels

0.2 % 2001-08-23

 

 

 

 

Affiliated companies and further participations:

Prillinger Verwaltungs- Gesellschaft mbH

Wimpassingerstraße  81, A-4600 Wels

 

 

108.370

 

FN 106479 m

 

Prillinger Beteiligung GmbH

 

Wimpassingerstraße  81, A-4600 Wels

 

 

1.441.193

 

FN 267865 w

 

 

 

Bankers

 

 

 

 

Banker

Bank sort code

Type of banking connection

Raiffeisenlandesbank Oberösterreich, 4021 Linz

 

34000

 

main bank connection

 

Allgemeine Sparkasse Oberösterreich Bankaktienges., 4601 Wels

 

20320

 

secondary banking connection

 

RLB, Deutschland-Passau UBS AG, Schweiz-Buchs

 

 

 

Historical development

 

Year of incorporation:

1958

Date of registration:

2000-09-26

 

Change of company name:

From

To

Company name

   

  2001-09-06

AT 21 Vermögensverwaltungs- GmbH 

  2001-09-06

   

Prillinger Gesellschaft m.b.H. 

 

Former executives:

From

To

Function

Name

  2000-09-26

  2001-07-10

manager 

Mag. Rudolf Kraus 

  2001-07-10

  2001-10-19

manager 

Ing. Stefan Kirchweger 

  2001-10-19

  2002-02-01

manager 

Karl Prillinger 

  2002-02-01

  2008-07-08

manager 

Ing. Karl Platzer 

  2001-10-05

  2003-06-18

joint signing clerk 

Margarete Josseck Herdt 

  2001-10-05

  2003-06-18

joint signing clerk 

Mag. Waltraud Stefanie Prillinger 

  2003-06-18

  2006-06-01

joint signing clerk 

Mag. Wolfgang Dobretzberger 

  2003-06-18

  2006-12-13

joint signing clerk 

Karl Prillinger 

  2007-06-06

  2011-04-08

joint signing clerk 

Monika Hemedinger 

 

Former shareholders:

From

To

Function

Name

  2000-09-26

  2001-08-23

partner 

KPMG Alpen-Treuhand AG Wirtschaftsprüfungs- und Steuerberatungsgesellschaft 

  2001-08-23

  2009-01-08

partner 

Karl Prillinger 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.38

UK Pound

1

Rs.87.79

Euro

1

Rs.69.47

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

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.