MIRA INFORM REPORT
|
Report Date : |
12.03.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
MAG - MASCHINEN UND APPARATEBAU
AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Wirtschaftspark 44,
A-8530 Deutschlandsberg |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Year of Establishment : |
1958 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture of machinery for metallurgy |
|
|
|
|
No. of Employees
: |
53 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
EUR 320.000,00 |
|
Status : |
Moderate |
|
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 30th, 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 |
|
Company name: |
MAG - Maschinen und Apparatebau
Aktiengesellschaft |
|
Status: |
active company |
|
Locations: |
Wirtschaftspark 44, A-8530 Deutschlandsberg |
|
Phone: |
0043 (3462) 30588 |
|
Fax: |
0043 (3462) 30588 - 125 |
|
E-mail: |
|
|
Internet: |
|
|
Activities: |
Önace 28910 100% Manufacture of machinery for metallurgy |
|
Detail Assessment: |
Payment Payments are made according to conditions within agreed
terms, using cash discounts. |
|
|
Assessment Company's solvency is average. An increasing amount of
external capital is required for investments. |
|
|
Maximum credit EUR 320.000,00 |
|
Year of incorporation: |
1958 |
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
joint stock company since 1991-06-25 |
|
||||
|
companies' house number: |
FN 37004 v Graz 1991-07-01 |
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Activities: |
|
|
||||
|
VAT number: |
ATU 28731708 |
|
||||
|
number - Austrian National Bank: |
1599992 |
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Import |
Country |
|
|
|
||
|
Import |
European Union |
|
2012 |
|
||
|
Export |
Country |
|
|
|
|
Export |
world-wide |
|
2012 |
|
|
total turnover (total sales) |
2011 |
EUR 20.000.000,00 |
(estimated) |
|
total turnover (total sales) |
2010 |
EUR 20.844.854,72 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 10.764.353,95 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR 35.180.288,55 |
(exact) |
|
total turnover (total sales) |
2007 |
EUR 27.082.397,65 |
(exact) |
|
total employees |
2012 |
53 |
(approx.) |
|
white collar workers |
2012 |
26 |
(approx.) |
|
blue collar workers |
2012 |
24 |
(approx.) |
|
apprentices |
2012 |
3 |
(approx.) |
|
total investments |
2010 |
EUR 256.000,00 |
(exact) |
|
total company vehicles |
2012 |
4 |
(approx.) |
|
cars |
2012 |
4 |
(approx.) |
|
firm
(style): |
|
1
MAG - Maschinen und Apparatebau |
|
legal
form: |
|
1
Aktiengesellschaft |
|
registered
office: |
|
27
politischer Gemeinde Deutschlandsberg |
|
business
adress: |
|
27
Wirtschaftspark 44 |
|
capital: |
|
31
EUR 2.132.694 |
|
reference
date annual accounts: |
|
1
31. Dezember |
|
annual
accounts: |
|
44
zum 31.12.2010 eingereicht am 03.08.2011 |
|
power
of representation: |
|
1
Die Gesellschaft wird, wenn mehrere Vorstandsmitglieder |
|
other
provisions: |
|
1
Der Vorstand besteht aus 1 bis 5 Personen. |
|
board
of directors: |
|
W
Dipl.Ing. Gerald Pascher, geb. 18.11.1960 |
|
proxy: |
|
AF
Mag. Franz Hauck, geb. 14.08.1952 |
|
supervisory
board: |
|
AB
Dr Manfred Wagner, geb. 11.08.1960 |
|
general
table: |
|
Landesgericht für ZRS Graz |
|
Registration number of real
estate 1040 Cadastral register 63118 Rudersdorf
ST Number and date of entry 565/2011 Status of
2011-07-05 |
|
Part
A - type of real estate : |
|
GST-NR
G BA (NUTZUNG)
FLäCHE GST-ADRESSE |
|
Part
B - ownership details : |
|
1 ANTEIL: 1/1 |
|
Part
C - registered charges : |
|
1
a 4917/1970 |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered
in the companies' house) |
|
Mag. Franz Hauck |
1952-08-14 |
8010 Graz Schumanngasse 13 |
joint signing clerk, head of accounting |
1 |
|
Dipl-Ing. Gerald Pascher |
1960-11-18 |
3002 Purkersdorf Schwarzhubergasse 8 |
member of the executive board, head of sales, head of marketing, head of personnel |
9 |
|
Dipl-Ing. Christa Zengerer |
1969-10-27 |
8114 Friesach Kleinstübing 104 |
member of the executive board, head of purchasing, head of EDP, technical director |
1 |
|
Dr. Manfred Wagner |
1960-08-11 |
1120 Wien Kaulbachstraße 22 |
chairman of the supervisory board |
12 |
|
Dr. Alexander Isola |
1957-07-24 |
8010 Graz Marburger Kai 47 |
deputy chairman of the supervisory board |
13 |
|
Mag. Hans Jörg Kaltenbrunner |
1957-03-15 |
8010 Graz Schönbrunngasse 64 |
member of the supervisory board |
3 |
|
Herbert Rossmann |
1957-03-06 |
8530 Deutschlandsberg Lindenweg 8 |
member of the supervisory board |
0 |
(absolute) all amounts in
EUR
|
|
2010-12-31 |
|
Patents and licenses |
19.146,18 |
|
Goodwill |
0,14 |
|
Sum intangible assets |
19.146,32 |
|
Land with buildings (building value) |
357.010,88 |
|
Other operating and business equipment |
115.590,13 |
|
Technical plants and machines |
165.089,79 |
|
Sum tangible assets |
637.690,80 |
|
Shares on related firms |
427.028,75 |
|
Other shareholdings |
2.151.120,30 |
|
Sum financial assets |
2.578.149,05 |
|
Sum fixed assets |
3.234.986,17 |
|
Raw-, auxiliary materials and supplies |
1.865.596,33 |
|
Unfinished products |
2.385.596,92 |
|
Sum stock |
4.251.193,25 |
|
Claims from delivered goods and performed services |
2.243.610,17 |
|
Claims against related firmes Claims against companies with
shareholding relationship |
905.745,77 |
|
Other claims and assets |
667.998,52 |
|
Sum claims |
3.817.354,46 |
|
Cash on hand, cheques and bank deposits |
610.700,35 |
|
Sum cash and bank |
610.700,35 |
|
Sum current assets |
8.679.248,06 |
|
Deferred charges |
2.500,00 |
|
Sum deferred charges |
2.500,00 |
|
Assets |
11.916.734,23 |
|
Subscribed/declared capital |
2.132.694,00 |
|
Legal reserves |
100.000,00 |
|
Free reserves |
50.300,22 |
|
Balance sheet profit/balance sheet loss |
-385.765,26 |
|
Thereof profit/loss carried forward |
-819.506,22 |
|
Sum equity capital |
1.897.228,96 |
|
Reservesfor severance pays |
392.941,86 |
|
Other reserves |
1.180.505,97 |
|
Sum reserves |
1.573.447,83 |
|
Liabilities against credit institutes |
3.590.000,00 |
|
Received advanced payments for orders |
1.775.257,80 |
|
Liabilities from delivered goods and performed services
from the acceptance of drafts and emission of promissory notes |
2.229.231,12 |
|
Other liabilities |
851.568,52 |
|
Sum liabilities |
8.446.057,44 |
|
Liabilities |
11.916.734,23 |
|
Balance sheet sum |
11.916.734,23 |
(absolute) all amounts in
EUR
|
|
2010-12-31 |
|
Gross sales |
20.844.854,72 |
|
Increase or decrease in finished and unfinished goods and
in service claims |
-2.336.831,58 |
|
Sum turnover or sum gross profit |
18.508.023,14 |
|
Other operating profits |
191.391,01 |
|
Other operating profits totally |
191.391,01 |
|
Discount profit from material costs |
-52.647,48 |
|
Costs for obtained services |
-3.504.281,58 |
|
Special account material costs |
-8.028.188,38 |
|
Costs for obtained services totally |
-11.585.117,44 |
|
Wages |
-681.257,79 |
|
Salaries |
-1.170.487,76 |
|
Costs for severance pays |
-71.299,19 |
|
Legal fringe benefits and other payments depending on
salaries |
-520.447,60 |
|
Other social fringe benefits |
-466.916,01 |
|
Personnel expenses totally |
-2.910.408,35 |
|
Depreciation of intangible assets, tangible
assets,activated expenses for the set up and expansion of business
operation |
-256.279,28 |
|
Depreciation tangible assets / intangible assets
totally |
-256.279,28 |
|
Different operating costs |
-3.092.099,84 |
|
Other taxes |
-639,50 |
|
Other operating costs totally |
-3.092.739,34 |
|
Operating result totally |
854.869,74 |
|
Interest income, securties income and similar income |
155.903,83 |
|
Interest and similar disbursements |
-442.787,84 |
|
Financial profits totally |
-286.884,01 |
|
Results from usual business activity
totally |
567.985,73 |
|
Extraordinary costs |
-13.889,15 |
|
Extraordinary result totally |
-13.889,15 |
|
Taxes on income and profits |
-120.355,62 |
|
Taxes on income and profits totally |
-120.355,62 |
|
Annual surplus/annual deficit
totally |
433.740,96 |
|
Annual profit/annual loss
totally |
433.740,96 |
|
Profit and loss carried forward from previous year |
-819.506,22 |
|
Transfer of profits totally |
-819.506,22 |
|
B/S profit/ B/S loss from profit and
loss account |
-385.765,26 |
|
|
2010 |
|
Cash flow II |
690.020,24 |
|
Debt amortisation period |
11,06 |
|
Bank indebtedness |
30,12 |
|
Equity capital share |
18,70 |
|
Social capital share |
3,29 |
|
Fixed assets coverage |
70,79 |
|
Net profit ratio |
3,06 |
|
Capital turnover |
1,55 |
|
Return on investment |
8,48 |
|
Cash flow in % of operating performance |
3,72 |
|
Cash flow I |
824.265,01 |
|
Gross productivity |
6,35 |
|
Net productivity |
2,37 |
|
Operating performance |
18.508.023,14 |
|
Inventories in % of operating performance |
22,96 |
|
Gross profit |
6.922.905,70 |
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Wirtschaftspark 44, A-8530 Deutschlandsberg |
registered office |
|
|
|
|
|
operational |
Schwarzhubergasse 8, A-3002 Purkersdorf |
registered branch office |
|
|
|
|
|
operational |
Wirtschaftspark 44, A-8530 Deutschlandsberg, (seit
25.06.2001) |
registered headquarters |
|
|
|
mag@mag.at |
|
operational |
Schwarzhubergasse 8, A-3002 Purkersdorf |
office, rented premises |
|
|
|
|
|
former |
Puntigamerstraße 127, A-8055 Graz Puntigam |
registered headquarters |
|
|
|
|
|
former |
Frauenthalerstraße 81, A-8530 Deutschlandsberg |
branch office |
|
|
|
|
|
former |
Siemensstraße 60, A-8530 Deutschlandsberg |
branch office |
|
|
|
|
|
former |
Puntigamerstraße 127, A-8055 Graz Puntigam |
registered office |
|
Company name |
Postal code |
Stake in % |
|
Companies House |
|
Shares in this company are
held by: |
||||
|
Sir Francis Heath Privatstiftung |
Schwarzhubergasse 8, A-3002 Purkersdorf |
94.14 % |
|
FN 181387 x |
|
|
||||
|
This company holds 100% of the
shares in: |
||||
|
MAG Anlagenproduktion GmbH |
Wirtschaftspark 44, A-8530 Deutschlandsberg |
100 % 2001-11-16 |
|
FN 214646 g |
|
AME GmbH |
Wirtschaftspark 44, A-8530 Deutschlandsberg |
100 % 2010-05-28 |
|
FN 340777 v |
|
F2 International GmbH |
Wirtschaftspark 44, A-8530 Deutschlandsberg |
100 % 2008-08-22 |
|
FN 290347 g |
|
Legal proceeding number 104859A |
||||
|
Opening of legal proceeding 2008-04-24 |
||||
|
Status quo of legal proceeding since 2009-06-30 |
||||
|
Legal proceeding code 07484 |
||||
|
Status quo of legal proceeding Compulsory settlement
(payment plan) fulfilled. |
||||
|
|
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|
Affiliated companies and further
participations: |
||||
|
Wirtschaftspark Deutschlandsberg GmbH |
Wirtschaftspark , A-8530 Deutschlandsberg |
|
|
FN 196548 t |
|
Banker |
Bank sort code |
Type of banking connection |
|
Erste Bank der oesterreichischen Sparkassen AG, 1011 Wien |
20111 |
main bank connection |
|
BAWAG P.S.K. Bank für Arbeit und Wirtschaft, 1011 Wien |
14000 |
secondary banking connection |
|
BKS Bank AG, 8010 Graz |
17000 |
secondary banking connection |
|
Raiffeisenbank Deutschlandsberg, 8530 Deutschlandsberg |
38043 |
secondary banking connection |
|
Year of incorporation: |
1958 |
|
Date of registration: |
1991-07-01 |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2001-01-23 |
ATS 52.900.000,00 |
|
2001-01-23 |
2002-02-15 |
EUR 1.000.000,00 |
|
2002-02-15 |
2003-01-17 |
EUR 1.194.246,00 |
|
2003-01-17 |
|
EUR 2.132.694,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
1997-03-15 |
joint signing clerk |
DI.Dr.techn. Othmar Trantina |
|
|
1997-03-15 |
joint signing clerk |
Hannelore Zechtl |
|
1997-03-15 |
1998-12-02 |
joint signing clerk |
Dipl-Ing. Peter Rötzer |
|
|
1997-03-15 |
joint signing clerk |
Rolf Sachet |
|
|
1999-12-15 |
joint signing clerk |
Ing. Heinrich Brolli |
|
|
1999-12-15 |
joint signing clerk |
Ing. Franz Trattler |
|
|
2001-10-11 |
joint signing clerk |
Elfriede Krobek |
|
|
2005-09-27 |
joint signing clerk |
Ing. Hans Peter Pichler |
|
2003-09-24 |
2010-01-16 |
joint signing clerk |
Dipl-Ing. Christa Zengerer |
|
|
1997-10-24 |
member of the executive
board |
Dipl-Ing. Hans Georg Fuchs |
|
|
1998-12-02 |
member of the executive
board |
Dkfm.Dr. Hans Heinz |
|
1993-07-08 |
2000-06-24 |
deputy chairman of the
supervisory board |
Dr. Eckhardt Fuchs |
|
|
1999-03-23 |
member of the executive board |
Dr. Wolfgang Havas |
|
1997-10-24 |
2000-06-24 |
member of the executive
board |
Mag. Josef Fuchs |
|
|
1997-08-05 |
member of the supervisory
board |
Ing.Mag. Johann Mantler |
|
|
1997-10-24 |
member of the supervisory
board |
Ing. Josef Hahnl |
|
|
1997-10-24 |
member of the supervisory
board |
Dipl-Ing. Gerald Pascher |
|
|
1998-12-02 |
member of the supervisory
board |
Dr. Heribert Gasser |
|
|
1998-12-02 |
member of the supervisory
board |
Stefanie Latzenhofer |
|
1997-08-05 |
1998-12-02 |
member of the supervisory
board |
Michael Stranz |
|
1999-12-15 |
2000-06-24 |
member of the supervisory
board |
Dr. Alexander Isola |
|
|
2000-06-24 |
member of the supervisory
board |
Josef Kozel |
|
|
2001-06-22 |
member of the executive
board |
Ing. Herbert Berthold |
|
2001-06-22 |
2004-05-28 |
member of the supervisory
board |
Ing. Herbert Berthold |
|
1998-12-02 |
2005-06-24 |
member of the supervisory
board |
Helmut Trammer |
|
2005-06-24 |
2006-07-04 |
member of the supervisory
board |
Ing. Karl Köberl |
|
1998-12-02 |
2006-11-16 |
member of the supervisory
board |
Dkfm.Dr. Hans Heinz |
|
|
2008-07-23 |
member of the supervisory
board |
Raimund Hirt |
|
2000-06-24 |
2001-06-22 |
member of the executive board |
Dipl-Ing. Hannes Kloos |
|
|
1998-12-02 |
chairman of the supervisory board |
Dr. Rudolf Jurak |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
1991-07-01 |
2001-10-24 |
shareholder |
Dr. Eckhardt Fuchs |
|
|
2001-10-24 |
shareholder |
Dipl-Ing. Hans Georg Fuchs |
|
|
2001-10-24 |
shareholder |
Johannes Fuchs |
|
|
2001-10-24 |
shareholder |
Josef Fuchs |
|
|
2001-10-24 |
shareholder |
Margaretha Fuchs |
|
|
2001-10-24 |
shareholder |
Nikolaus Fuchs |
|
|
2002-01-31 |
shareholder |
Dipl-Ing. Gerald Pascher |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
1994-03-08 |
2004-04-27 |
Venture Finanzierungs- gesellschaft m.b.H. in Liqu. |
|
1994-12-31 |
2005-11-01 |
CNC-Produktion Gesellschaft m.b.H. |
|
1943-09-08 |
2009-09-09 |
Grazer Schleppbahn GmbH |
|
|
|
"Steierkabel" Gesellschaft für Errichtung und
Betrieb von Kabelrundfunkanlagen in der Steiermark, Ge |
|
1996-05-29 |
1999-10-23 |
Plazmag Development GmbH |
|
Mergers: |
||
|
Date |
Function |
Name |
|
2005-11-03 |
merged with |
CNC-Produktion Gesellschaft m.b.H. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.02 |
|
UK Pound |
1 |
Rs.79.00 |
|
Euro |
1 |
Rs.66.18 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.