MIRA INFORM REPORT

 

 

Report Date :

17.05.2012

 

IDENTIFICATION DETAILS

 

Name :

DMG ECOLINE GMBH

 

 

Registered Office :

Oberes Ried  11, A-6833 Klaus

 

 

Country :

Austria

 

 

Financials (as on) :

31.12.2010

 

 

Year of Establishment :

2008

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of machine tools

 

 

No. of Employees :

14

 

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

 

Company name:

DMG ECOLINE GmbH

Status:

active company

Locations:

Oberes Ried  11, A-6833 Klaus

Phone:

0043 (5523) 90601 - 600

Fax:

0043 (5523) 90601 - 650

E-mail:

rebecca.kollreider@gildemeister.com

Internet:

http://www.dmgecoline.com

Activities:

Φnace 46620 100% Wholesale of machine tools

 

Probability of Default

(Basel II):

0,83%

Low risk

Recommendation:

In respect to solvency reasons, there is nothing to say against an establishment of a business relationship.

 

Detail Assessment:

Payment

As a rule payments are made on time according to conditions, in some cases there have been delays and reminders.

 

Assessment Financial situation is average, increased use of external capital.

 

 

Additional company information

 

 

Year of incorporation:

2008

 

Type of company:

Wholesale and retail trade; repair of motor vehicles

 

Legal form:

limited liability company since 2008-11-03

 

companies' house number:

FN 319340 v Feldkirch 2008-11-19

 

Activities:

 

 

VAT number:

ATU 64565955

 

number - Austrian National Bank:

8939446

 

 

Import 

Country 

 

 

 

Import

Asia

 

2012

 

Import

European Union

 

2012

 

 

Financial data

 

total turnover (total sales)

2011

EUR  29.000.000,00

(approx.)

total turnover (total sales)

2010

EUR  27.000.000,00

(approx.)

total employees

2012

14

(exact)

Extraxt from the Companies' House

 

firm (style):

    1      DMG ECOLINE GmbH

legal form:

    1      Gesellschaft mit beschrδnkter Haftung

registered office:

    1      politischer Gemeinde Klaus

business adress:

    1      Oberes Ried 11
           6833 Klaus-Weiler

capital:

    1      EUR 1.000.000

reference date annual accounts:

    1      31. Dezember

annual accounts:

    4      zum 31.12.2010 eingereicht am 20.09.2011

power of representation:

    1      Werden zwei oder mehrere Personen zu Geschδftsfόhrern
           bestellt, dann regelt die Generalversammlung mit dem
           Bestellungsbeschluss deren Vertretungsrecht.
           Gemischte Vertretung mφglich.
    1   Erklδrung όber die Errichtung der Gesellschaft                      001
          vom 03.11.2008

managing director:

         A   Ralph Gerd Christnacht, geb. 20.01.1970
    1        vertritt seit 19.11.2008 selbstδndig

shareholder:

         B   DMG Europe Holding GmbH
    1        ....................  EUR 1.000.000
    1        ...............................................  EUR 1.000.000
                        -------------------------------------------------------
                 Summen:           EUR 1.000.000              EUR 1.000.000

general table:

 Landesgericht Feldkirch
   1 eingetragen am 19.11.2008                  Geschδftsfall  15 Fr  2791/08 v
       Antrag auf Neueintragung einer Firma  eingelangt am 10.11.2008
   4 eingetragen am 05.10.2011
       Elektronische Einreichung Jahresabschluss  eingelangt am 20.09.2011

 

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)

Ralph Gerd Christnacht

1970-01-20 

83623 Dietramszell Ried 2b

manager

0

Rebecca Kollreider

  

6833 Klaus Oberes Ried 11(c/o)

head of accounting

0

Bjφrn Svatek

  

6833 Klaus Oberes Ried 11(c/o)

head of sales

0

Christiane Berninghaus

  

6833 Klaus Oberes Ried 11(c/o)

head of marketing

0

Christopher Bussemaί

  

6833 Klaus Oberes Ried 11(c/o)

head of personnel

0

 


Balance Sheet  (absolute) 

ALL AMOUNTS IN EUR 

 

 

2010-12-31 

 

 

 

 

Intangible assets

579,00

 

 

 

 

Sum intangible assets

579,00

 

 

 

 

 

Tangible assets

58.907,00

 

 

 

 

Sum tangible assets

58.907,00

 

 

 

 

 

Sum fixed assets

59.486,00

 

 

 

 

 

Stocks

3.621.109,32

 

 

 

 

Sum stock

3.621.109,32

 

 

 

 

 

Claims and other assets

6.521.131,09

 

 

 

 

Sum claims

6.521.131,09

 

 

 

 

 

Cash on hand, cheques and bank deposits

214.477,85

 

 

 

 

Sum cash and bank

214.477,85

 

 

 

 

 

Sum current assets

10.356.718,26

 

 

 

 

 

Deferred charges

2.122,83

 

 

 

 

Sum deferred charges

2.122,83

 

 

 

 

Assets

10.418.327,09

 

 

 

 

 

Subscribed/declared capital

1.000.000,00

 

 

 

 

Capital reserves

3.800.000,00

 

 

 

 

Balance sheet profit/balance sheet loss

-2.861.374,05

 

 

 

 

Thereof profit/loss carried forward

-1.900.740,40

 

 

 

 

Sum equity capital

1.938.625,95

 

 

 

 

 

Reserves

204.719,73

 

 

 

 

Sum reserves

204.719,73

 

 

 

 

 

Liabilities

8.274.981,41

 

 

 

 

Sum liabilities

8.274.981,41

 

 

 

 

 

Liabilities

10.418.327,09

 

 

 

 

 

Balance sheet sum

10.418.327,09

 

 

 

 

 

Key ratios

 

 

2010  

 

 

 

 

 

Equity capital share

  18,60

 

 

 

 

 

Fixed assets coverage

  3.258,96

 

 

 

 

 

 

Locations

 

Type

Locations

Description

 

 

E-mail 

operational 

Oberes Ried  11, A-6833 Klaus

registered office 

 

 

 

operational 

Oberes Ried  11, A-6833 Klaus

registered headquarters, rented premises 

 

 

rebecca.kollreider@gildemeister.com

 


related companies

 

Company name

 

Postal code

 

Stake in %

 

Companies House

 

 

Shares in this company are held by:

DMG Europe Holding GmbH

 

Oberes Ried  11, A-6833 Klaus

100 % 2008-11-19

 

FN 236629 i

 

 

 

Affiliated companies and further participations:

DMG / MORI SEIKI AUSTRIA GMBH

 

Oberes Ried  11, A-6833 Klaus

 

 

FN 206488 i

 

 

 

Bankers

 

 

 

Banker

Bank sort code

Type of banking connection

Vorarlberger Landes- und Hypothekenbank Aktienges., 6901 Bregenz

 

58000

 

main bank connection

 

 

 

 

Historical development

 

Year of incorporation:

2008

Date of registration:

2008-11-19


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.29

UK Pound

1

Rs.86.61

Euro

1

Rs.68.87

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

 

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.