MIRA INFORM REPORT

 

 

Report Date :

22.02.2012

 

IDENTIFICATION DETAILS

 

Name :

FELLNER-HANDELSGESELLSCHAFT M.B.H.

 

 

Registered Office :

Lastenstraße  27, A-9020 Klagenfurt

 

 

Country :

Austria

 

 

Financials (as on) :

31.12.2010

 

 

Year of Establishment :

1988

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of textiles

 

 

No. of Employees :

5

 

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  207.000,00

Status :

Good

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

 

Company name:

Fellner-Handelsgesellschaft m.b.H.

Status:

active company

Locations:

Lastenstraße  27, A-9020 Klagenfurt

Phone:

0043 (463) 329355

Fax:

0043 (463) 3100834

E-mail:

office@fellner-hg.at

Activities:

Önace 46410 65% Wholesale of textiles

 

Önace 46440 25% Wholesale of china and glassware and cleaning materials

 

Önace 64200 10% Activities of holding companies

 

Detail Assessment:

Payment

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

 

Assessment

Financial situation is satisfactory.

 

Maximum credit EUR  207.000,00

 

 

Additional company information

 

 

 

 

Year of incorporation:

1988

 

Type of company:

Wholesale and retail trade; repair of motor vehicles

 

Legal form:

limited liability company since 1988-02-17

 

companies' house number:

FN 102700 f Klagenfurt 1988-03-01

 

Activities:

 

 

ARA-number:

222

 

VAT number:

ATU 26107307

 

number - Austrian National Bank:

955418

 

 

 

 

Import 

Country 

 

 

 

Import

world-wide

 

2012

 

 

 

Export 

Country 

 

 

 

Export

European Union

 

2012

 

 

 

 

 

 

Financial data

 

total turnover (total sales)

2011

EUR  9.000.000,00

(estimated)

total turnover (total sales)

2010

EUR  8.811.834,41

(exact)

total turnover (total sales)

2009

EUR  9.813.460,19

(exact)

total turnover (total sales)

2008

EUR  12.268.845,47

(exact)

total turnover (total sales)

2007

EUR  15.867.566,49

(exact)

total employees

2012

5

(exact)

total employees

2011

15

(approx.)

total employees

2010

15

(approx.)

white collar workers

2012

3

(exact)

blue collar workers

2012

2

(exact)

total investments

2010

EUR  173.209,18

(exact)

total investments

2009

EUR  29.046,66

(exact)

total investments

2008

EUR  65.539,73

(exact)

total company vehicles

2012

1

(exact)

leasing vehicles

2012

1

(exact)

cars

2012

1

(exact)

 

Data from the Companies' House

 

 Letzte Eintragung am 04.11.2011 mit der Eintragungsnummer  23
 zuständiges Gericht Landesgericht Klagenfurt
    1   früher Landesgericht Klagenfurt HRB 153
        Bezirksgericht Sankt Veit an der Glan

FIRMA:

    1      Fellner-Handelsgesellschaft m.b.H.

RECHTSFORM:

    1      Gesellschaft mit beschränkter Haftung

SITZ in:

    3      Klagenfurt, politische Gemeinde Klagenfurt am Wörthersee

GESCHÄFTSANSCHRIFT:

    3      Lastenstraße 27, Frachtenbahnhof
           9020 Klagenfurt

KAPITAL:

   13      EUR 500.000

STICHTAG für JAHRESABSCHLUSS:

    1      31. Dezember

JAHRESABSCHLUSS:

   23      zum 31.12.2010 eingereicht am 27.09.2011

VERTRETUNGSBEFUGNIS:

    1      Jeder Geschäftsführer vertritt selbständig.
    1   Gesellschaftsvertrag  vom 17.02.1988                                001
    1   Generalversammlungsbeschluss  vom 14.02.1992                        002
          Änderung des Gesellschaftsvertrages in Pkt Zweitens u.
          Drittens.
    3   Generalversammlungsbeschluss  vom 30.12.1996                        003
          Änderung des Gesellschaftsvertrages in Punkt "Zweitens".
    9   Generalversammlungsbeschluss  vom 13.12.2002                        004
          Änderung des Gesellschaftsvertrages in Punkt "Viertens"
   13   Gesellschaftsvertrag mit Generalversammlungsbeschluss               005
          vom 10.12.2004
          gemäß 1. Euro-JuBeG angepasst.
          Kapitalerhöhung aus Gesellschaftsmitteln von
          EUR 36.336,42 um EUR 463.663,58 auf EUR 500.000,-
          Änderung des Gesellschaftsvertrages in den Punkten
          "Sechstens" und "Neuntens"

GESCHÄFTSFÜHRER (handelsrechtlich):

         C   Elisabeth Stürzenbecher-Fellner, geb. 07.04.1963
   20        vertritt seit 01.01.2010 selbständig

GESELLSCHAFTER STAMMEINLAGE HIERAUF GELEISTET:

         B   Manfred Fellner, geb. 19.06.1947
   13        ....................    EUR 500.000
   13        ............................................    EUR 481.831,79
                          ------------------------------------------------------
                   Summen:           EUR 500.000             EUR 481.831,79

PERSONEN:

    1    B   Manfred Fellner, geb. 19.06.1947
   13        Lastenstraße 27
             9020 Klagenfurt
   18    C   Elisabeth Stürzenbecher-Fellner, geb. 07.04.1963
   18        Töplach 10
             9313 St. Georgen am Längsee

VOLLZUGSÜBERSICHT:

 Landesgericht Klagenfurt
   1 Ersterfassung abgeschlossen am 15.06.1994  Geschäftsfall 903 Fr   882/94 k
       Ersterfassung gem. Art. XXIII Abs. 4 FBG
   3 eingetragen am 28.01.1997                  Geschäftsfall   5 Fr   316/97 b
       Antrag auf Änderung  eingelangt am 14.01.1997
   9 eingetragen am 18.01.2003                  Geschäftsfall   5 Fr   307/03 i
       Antrag auf Änderung  eingelangt am 15.01.2003
  13 eingetragen am 05.01.2005                  Geschäftsfall   5 Fr 10514/04 d
       Antrag auf Änderung  eingelangt am 30.12.2004
  18 eingetragen am 31.10.2008                  Geschäftsfall   5 Fr 11181/08 w
       Antrag auf Änderung  eingelangt am 28.10.2008
  20 eingetragen am 05.01.2010                  Geschäftsfall   5 Fr 13951/09 b
       Antrag auf Änderung  eingelangt am 18.12.2009
  23 eingetragen am 04.11.2011                  Geschäftsfall   5 Fr 11500/11 s
       Elektronische Einreichung Jahresabschluss  eingelangt am 27.09.2011

 

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)

Elisabeth Stürzenbecher Fellner

1963-04-07 

 

9100 Völkermarkt Neudenstein 2

manager

 

0

 

Manfred Fellner

 

1947-06-19 

 

9313 St. Georgen Längsee Dellacherweg 6

partner

 

0

 

Balance Sheet  (absolute) 

all amounts in EUR 

 

2010-12-31 

Diff. % 

2009-12-31 

Diff. % 

2008-12-31 

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

155.948,39

-28,73

218.812,55

-23,31

285.309,36

Other operating and business equipment

65.423,54

-20,21

81.997,30

 

 

Technical plants and machines

846,72

-71,25

2.944,79

-46,30

5.483,96

Sum tangible assets

222.218,65

-26,84

303.754,64

-19,59

377.761,37

 

Shares on related firms

172.584,56

-21,44

219.676,35

0,00

219.676,35

Other financial assets, values and securities of fixed assets

 

 

 

 

106.442,25

Sum financial assets

172.584,56

-21,44

219.676,35

-32,64

326.118,60

 

Sum fixed assets

394.803,21

-24,57

523.430,99

-25,64

703.879,97

 

Finished products

1.177.435,88

29,62

908.377,50

 

 

Stocks

 

 

 

 

841.405,08

Sum stock

1.177.435,88

29,62

908.377,50

7,96

841.405,08

 

Claims from delivered goods and performed services

1.036.943,30

-30,69

1.496.064,12

-14,12

1.742.040,45

Claims against related firmes Claims against companies with shareholding relationship

1.635.811,31

0,70

1.624.468,83

8,68

1.494.700,24

Other claims and assets

164,55

-94,07

2.773,47

-93,75

44.394,25

Sum claims

2.672.919,16

-14,42

3.123.306,42

-4,81

3.281.134,94

 

Cash on hand, cheques and bank deposits

733.584,44

722,20

89.221,84

40,29

63.598,70

Sum cash and bank

733.584,44

722,20

89.221,84

40,29

63.598,70

 

Sum current assets

4.583.939,48

11,24

4.120.905,76

-1,56

4.186.138,72

 

Assets

4.978.742,69

7,20

4.644.336,75

-5,02

4.890.018,69

 

Subscribed/declared capital

500.000,00

0,00

500.000,00

0,00

500.000,00

Shares outstanding, not claimed

-18.168,21

0,00

-18.168,21

0,00

-18.168,21

Profit reserves

 

 

 

 

82.103,00

Free reserves

82.103,00

0,00

82.103,00

 

 

Balance sheet profit/balance sheet loss

3.027.703,08

1,04

2.996.626,43

4,81

2.859.115,49

Thereof profit/loss carried forward

2.596.626,43

-9,18

2.859.115,49

81,97

1.571.189,90

Sum equity capital

3.591.637,87

0,87

3.560.561,22

4,02

3.423.050,28

 

Other reserves before taxes

4.073,81

 

 

 

 

Valuation reserves due to special depreciations and

 

 

 

 

11.724,09

Valuation reserves and other reserves before taxes

 

 

7.898,95

 

 

Sum reserves before taxes

4.073,81

-48,43

7.898,95

-32,63

11.724,09

 

Investment contributions

 

 

4.755,70

-32,63

7.058,70

Special item investment contributions

2.452,70

 

 

 

 

Sum floor capital

2.452,70

-48,43

4.755,70

-32,63

7.058,70

 

Reservesfor severance pays

7.628,16

-46,22

14.183,97

-90,70

152.452,95

Reserves for pensions

 

 

 

 

204.863,08

Tax reserves

11.530,07

 

 

 

 

Other reserves

224.628,08

-37,17

357.527,91

-27,55

493.466,37

Sum reserves

243.786,31

-34,42

371.711,88

-56,31

850.782,40

 

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

346.451,13

3,51

334.690,12

26,54

264.496,67

Other liabilities

790.340,87

116,70

364.718,88

9,56

332.906,55

Sum liabilities

1.136.792,00

62,54

699.409,00

17,07

597.403,22

 

Liabilities

4.978.742,69

7,20

4.644.336,75

-5,02

4.890.018,69

 

Contingent liabilities

138.399,80

 

 

 

101.626,23

Balance sheet sum

4.978.742,69

7,20

4.644.336,75

-5,02

4.890.018,69

 

Balance Sheet (relative)

 

 

2010-12-31 

2009-12-31 

2008-12-31 

 

 

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

3,13

4,71

5,83

 

 

Other operating and business equipment

1,31

1,77

 

 

 

Technical plants and machines

0,02

0,06

0,11

 

 

Sum tangible assets

4,46

6,54

7,73

 

 

 

Shares on related firms

3,47

4,73

4,49

 

 

Other financial assets, values and securities of fixed assets

 

 

2,18

 

 

Sum financial assets

3,47

4,73

6,67

 

 

 

Sum fixed assets

7,93

11,27

14,39

 

 

 

Finished products

23,65

19,56

 

 

 

Stocks

 

 

17,21

 

 

Sum stock

23,65

19,56

17,21

 

 

 

Claims from delivered goods and performed services

20,83

32,21

35,62

 

 

Claims against related firmes Claims against companies with shareholding relationship

32,86

34,98

30,57

 

 

Other claims and assets

0,00

0,06

0,91

 

 

Sum claims

53,69

67,25

67,10

 

 

 

Cash on hand, cheques and bank deposits

14,73

1,92

1,30

 

 

Sum cash and bank

14,73

1,92

1,30

 

 

 

Sum current assets

92,07

88,73

85,61

 

 

 

Assets

100,00

100,00

100,00

 

 

 

Subscribed/declared capital

10,04

10,77

10,22

 

 

Shares outstanding, not claimed

-0,36

-0,39

-0,37

 

 

Profit reserves

 

 

1,68

 

 

Free reserves

1,65

1,77

 

 

 

Balance sheet profit/balance sheet loss

60,81

64,52

58,47

 

 

Thereof profit/loss carried forward

52,15

61,56

32,13

 

 

Sum equity capital

72,14

76,66

70,00

 

 

 

Other reserves before taxes

0,08

 

 

 

 

Valuation reserves due to special depreciations and

 

 

0,24

 

 

Valuation reserves and other reserves before taxes

 

0,17

 

 

 

Sum reserves before taxes

0,08

0,17

0,24

 

 

 

Investment contributions

 

0,10

0,14

 

 

Special item investment contributions

0,05

 

 

 

 

Sum floor capital

0,05

0,10

0,14

 

 

 

Reservesfor severance pays

0,15

0,31

3,12

 

 

Reserves for pensions

 

 

4,19

 

 

Tax reserves

0,23

 

 

 

 

Other reserves

4,51

7,70

10,09

 

 

Sum reserves

4,90

8,00

17,40

 

 

 

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

6,96

7,21

5,41

 

 

Other liabilities

15,87

7,85

6,81

 

 

Sum liabilities

22,83

15,06

12,22

 

 

 

Liabilities

100,00

100,00

100,00

 

 

 

Contingent liabilities

2,78

 

2,08

 

 

Balance sheet sum

100,00

100,00

100,00

 

 

 

P / L Account  (absolute) 

all amounts in EUR 

 

 

2010-12-31 

Diff. % 

2009-12-31 

Diff. % 

2008-12-31 

Gross sales 

8.811.834,41

-10,21

9.813.460,19

-20,01

12.268.845,47

Sum turnover or sum gross profit 

8.811.834,41

-10,21

9.813.460,19

-20,01

12.268.845,47

 

Profits from retirement of fixed assets, except financial assets 

 

 

 

 

20.868,68

Income from dissolution of reserves 

88.730,41

-18,48

108.840,17

15,74

94.038,82

Other operating profits 

52.997,28

57,38

33.673,94

-80,10

169.200,92

Other operating profits totally 

141.727,69

-0,55

142.514,11

-49,84

284.108,42

 

Costs for obtained services 

-14.352,38

-67,18

-8.584,93

98,13

-459.192,98

Special account material costs 

-7.405.294,49

10,75

-8.297.344,74

14,10

-9.659.192,89

Costs for obtained services totally 

-7.419.646,87

10,67

-8.305.929,67

17,91

-10.118.385,87

 

Wages 

-174.062,75

-23,33

-141.133,78

18,60

-173.379,73

Salaries 

-125.547,84

52,48

-264.186,22

30,16

-378.298,26

Costs for severance pays 

-6.544,27

-44,08

-4.542,01

48,55

-8.827,72

Legal fringe benefits and other payments depending on salaries 

-87.068,44

22,87

-112.886,62

17,84

-137.403,71

Other social fringe benefits 

-6.440,74

49,49

-12.751,35

-12,01

-11.384,02

Personnel expenses totally 

-399.664,04

25,37

-535.499,98

24,50

-709.293,44

 

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

-82.209,96

20,23

-103.053,39

15,77

-122.353,36

Depreciation tangible assets / intangible assets totally 

-82.209,96

20,23

-103.053,39

15,77

-122.353,36

 

Different operating costs 

-535.724,59

41,51

-915.985,85

33,11

-1.369.484,40

Other taxes 

-748,39

-0,66

-743,50

24,04

-978,86

Other operating costs totally 

-536.472,98

41,48

-916.729,35

33,11

-1.370.463,26

 

Operating result totally 

515.568,25

444,07

94.761,91

-59,23

232.457,96

 

Interest income, securties income and similar income 

69.820,65

-5,03

73.516,27

-42,74

128.385,65

Income from the retirement of other financial assets 

 

 

 

 

1.249.247,52

Profits from the retirement of and investment in financial assets 

 

 

5.326,45

 

 

Interest and similar disbursements 

-1.343,43

67,90

-4.185,26

54,47

-9.192,73

Financial expenses 

-45.158,22

 

 

 

 

Financial profits totally 

23.319,00

-68,77

74.657,46

-94,54

1.368.440,44

 

Results from usual business activity totally 

538.887,25

218,08

169.419,37

-89,42

1.600.898,40

 

Taxes on income and profits 

-111.635,74

-212,41

-35.733,57

88,72

-316.797,95

Taxes on income and profits totally 

-111.635,74

-212,41

-35.733,57

88,72

-316.797,95

Annual surplus/annual deficit totally 

427.251,51

219,59

133.685,80

-89,59

1.284.100,45

 

Dissolution reserves before taxes 

3.825,14

0,00

3.825,14

0,00

3.825,14

Reserves movements totally 

3.825,14

0,00

3.825,14

0,00

3.825,14

Annual profit/annual loss totally 

431.076,65

213,49

137.510,94

-89,32

1.287.925,59

 

Profit and loss carried forward from previous year 

2.596.626,43

-9,18

2.859.115,49

81,97

1.571.189,90

Transfer of profits totally 

2.596.626,43

-9,18

2.859.115,49

81,97

1.571.189,90

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

3.027.703,08

1,04

2.996.626,43

4,81

2.859.115,49

P / L Account (relative)

 

2010-12-31 

2009-12-31 

2008-12-31 

 

 

Gross sales 

100,00

100,00

100,00

 

 

Sum turnover or sum gross profit 

100,00

100,00

100,00

 

 

 

Profits from retirement of fixed assets, except financial assets 

 

 

0,17

 

 

Income from dissolution of reserves 

1,01

1,11

0,77

 

 

Other operating profits 

0,60

0,34

1,38

 

 

Other operating profits totally 

1,61

1,45

2,32

 

 

 

Costs for obtained services 

-0,16

-0,09

-3,74

 

 

Special account material costs 

-84,04

-84,55

-78,73

 

 

Costs for obtained services totally 

-84,20

-84,64

-82,47

 

 

 

Wages 

-1,98

-1,44

-1,41

 

 

Salaries 

-1,42

-2,69

-3,08

 

 

Costs for severance pays 

-0,07

-0,05

-0,07

 

 

Legal fringe benefits and other payments depending on salaries 

-0,99

-1,15

-1,12

 

 

Other social fringe benefits 

-0,07

-0,13

-0,09

 

 

Personnel expenses totally 

-4,54

-5,46

-5,78

 

 

 

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

-0,93

-1,05

-1,00

 

 

Depreciation tangible assets / intangible assets totally 

-0,93

-1,05

-1,00

 

 

 

Different operating costs 

-6,08

-9,33

-11,16

 

 

Other taxes 

-0,01

-0,01

-0,01

 

 

Other operating costs totally 

-6,09

-9,34

-11,17

 

 

 

Operating result totally 

5,85

0,97

1,89

 

 

 

Interest income, securties income and similar income 

0,79

0,75

1,05

 

 

Income from the retirement of other financial assets 

 

 

10,18

 

 

Profits from the retirement of and investment in financial assets 

 

0,05

 

 

 

Interest and similar disbursements 

-0,02

-0,04

-0,07

 

 

Financial expenses 

-0,51

 

 

 

 

Financial profits totally 

0,26

0,76

11,15

 

 

 

Results from usual business activity totally 

6,12

1,73

13,05

 

 

 

Taxes on income and profits 

-1,27

-0,36

-2,58

 

 

Taxes on income and profits totally 

-1,27

-0,36

-2,58

 

 

Annual surplus/annual deficit totally 

4,85

1,36

10,47

 

 

 

Dissolution reserves before taxes 

0,04

0,04

0,03

 

 

Reserves movements totally 

0,04

0,04

0,03

 

 

Annual profit/annual loss totally 

4,89

1,40

10,50

 

 

 

Profit and loss carried forward from previous year 

29,47

29,13

12,81

 

 

Transfer of profits totally 

29,47

29,13

12,81

 

 

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

34,36

30,54

23,30

 

 

 

Key ratios

 

 

2010  

Diff. %  

2009  

Diff. %  

2008  

Key industry sector average  

Cash flow II

  509.461,47

+115,20

  236.739,19

-83,17

  1.406.453,81

 

Debt amortisation period

  1,26

-69,57

  4,14

+322,45

  0,98

6,71

Bank indebtedness

  0,00

0,00

  0,00

0,00

  0,00

 

Equity capital share

  72,27

-6,06

  76,93

+9,31

  70,38

26,53

Social capital share

  0,15

-50,00

  0,30

-95,89

  7,30

0,83

Fixed assets coverage

  913,31

+33,26

  685,36

+26,98

  539,74

252,17

Net profit ratio

  6,11

+255,23

  1,72

-86,81

  13,04

3,23

Capital turnover

  1,76

-16,59

  2,11

-15,60

  2,50

2,01

Return on investment

  10,85

+190,88

  3,73

-88,67

  32,92

8,86

Cash flow in % of operating performance

  5,78

+139,83

  2,41

-78,97

  11,46

4,78

Cash flow I

  621.097,21

+127,95

  272.472,76

-84,19

  1.723.251,76

 

Gross productivity

  22,04

+20,31

  18,32

+5,96

  17,29

7,18

Net productivity

  3,48

+23,84

  2,81

-7,26

  3,03

2,41

Operating performance

  8.811.834,41

-10,21

  9.813.460,19

-20,01

  12.268.845,47

 

Inventories in % of operating performance

  13,36

+44,43

  9,25

+35,04

  6,85

13,70

Gross profit

  1.392.187,54

-7,65

  1.507.530,52

-29,90

  2.150.459,60

 

*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.

Cash flow in % of operating performance

Cash-Flow of this company is better than industry average.

Return on investment

Return on Investment of this company is better than industry average.

Debt amortisation period

Dynamic Debt Equity Ratio of this company is better than industry average.

 

Locations

 

Type

Locations

Description

 

 

E-mail 

operational 

Lastenstraße  27, A-9020 Klagenfurt

registered office 

 

 

 

operational 

Lastenstraße  27, A-9020 Klagenfurt, (Frachtenbahnhof)

registered headquarters, rented premises 

 

 

office@fellner-hg.at

former 

Gewerbestraße  17, A-9300 St. Veit Glan

registered headquarters 

 

 

 

former 

Dellacherweg  6 u. 7, A-9313 St. Georgen Längsee

registered headquarters 

 

 

 

 

related companies

 

Company name

 

Postal code

 

Stake in %

 

number

 

Shares in this company are held by:

Manfred Fellner

 

Dellacherweg  6, A-9313 St. Georgen Längsee

100 % 1988-02-17

 

900.079.178

 

 

 

Bankers

 

 

 

Banker

Bank sort code

Type of banking connection

BAWAG P.S.K. Bank für Arbeit und Wirtschaft, 9010 Klagenfurt

 

14000

 

main bank connection

 

Raiffeisenlandesbank Kärnten -Rechenzentrum, 9020 Klagenfurt

 

39000

 

main bank connection

 

 

Historical development

 

Year of incorporation:

1988

Date of registration:

1988-03-01

 

Change in share capital:

From

To

Capital

   

  2005-01-05

ATS  500.000,00

  2005-01-05

   

EUR  500.000,00

 

Former executives:

From

To

Function

Name

   

  1997-01-28

manager 

Sieglinde Fellner 

  1988-03-01

  2010-01-05

manager 

Manfred Fellner 

  2005-01-05

  2010-01-05

individual signing clerk 

Elisabeth Stürzenbecher Fellner 

 

Former shareholders:

From

To

Function

Name

  1988-02-17

  2003-11-08

partner 

Sieglinde Fellner 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.08

UK Pound

1

Rs.77.80

Euro

1

Rs.65.17

 

 

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.