|
Report Date : |
26.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
Rochling Leripa Papertech Gmbh & Co. KG |
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|
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Formerly Known As : |
LERIPA Kunststoff GmbH & Co. KG |
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|
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Registered Office : |
Röchlingstraße 1, A-4151 Oepping |
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|
|
|
Country : |
Austria |
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|
|
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Financials (as on) : |
31.12.2011 |
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|
|
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Date of Incorporation : |
29.04.1993 |
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|
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Legal Form : |
Limited Liability Partnership |
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|
|
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Line of Business : |
Manufacture of plastics in primary forms and Wholesale of other
household goods |
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|
|
|
No. of Employees : |
230 |
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 |
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|
|
|
Payment Behaviour : |
No Complaints |
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|
|
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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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
Austria |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
austria - ECONOMIC OVERVIEW
Austria, with its well-developed
market economy, skilled labor force, and high standard of living, is closely
tied to other EU economies, especially Germany's. Its economy features a large
service sector, a sound industrial sector, and a small, but highly developed
agricultural sector. Following several years of solid foreign demand for
Austrian exports and record employment growth, the international financial
crisis of 2008 and subsequent global economic downturn led to a sharp but brief
recession. Austrian GDP contracted 3.9% in 2009 but saw positive growth of
about 2% in 2010 and 3% in 2011. Unemployment did not rise as steeply in
Austria as elsewhere in Europe, partly because the government subsidized
reduced working hour schemes to allow companies to retain employees.
Stabilization measures, stimulus spending, and an income tax reform pushed the
budget deficit to 4.7% in 2010 and 3.6% in 2011, from only about 1.3% in 2008.
The international financial crisis of 2008 caused difficulties for Austria''s
largest banks whose extensive operations in central, eastern, and southeastern
Europe faced large losses. The government provided bank support - including in
some instances, nationalization - to support aggregate demand and stabilize the
banking system. Austria''s fiscal position compares favorably with other
euro-zone countries, but it faces considerable external risks, such as Austrian
banks'' continued high exposure to central and eastern Europe as well as
political and economic uncertainties caused by the European sovereign debt
crisis. In 2011 the government attempted to pass a constitutional amendment
limiting public debt to 60% of GDP by 2020, but it was unable to obtain
sufficient support in parliament and instead passed the measure as a simple
law. In March 2012, the Austrian parliament approved an austerity budget that
will bring public finances into balance by 2016.
|
Source : CIA |
|
Company name: |
Röchling LERIPA Papertech GmbH & Co. KG |
|
Status: |
active company |
|
Locations: |
Röchlingstraße 1, A-4151 Oepping |
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Phone: |
0043 (7289) 4611 |
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Fax: |
0043 (7289) 4611 - 61 |
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E-mail: |
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E-mail: |
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Internet: |
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Activities: |
Önace 20160 60% Manufacture of plastics in primary forms |
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|
Önace 46499 40% Wholesale of other household goods n.e.c. |
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|
|
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Probability of Default (Basel II): |
0,05% Very low risk |
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comparison: |
The Rating of this company is better than industry average. |
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Recommendation: |
In respect to solvency reasons, there is nothing to say against an
establishment of a business relationship. |
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|
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Detail Assessment: |
Payment Payments are sometimes made using cash discounts or according to
conditions. |
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Assessment Company's solvency is sound. Earnings potential is positive. |
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Year of incorporation: |
1993 |
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Activities: |
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Type of company: |
Manufacturing |
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Legal form: |
limited liability partnership since 1993-04-05 |
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companies' house number: |
FN 30837 z Linz 1993-04-29 |
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ARA-number: |
7192 |
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VAT number: |
ATU 23848308 |
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number - Austrian National Bank: |
1975161 |
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Import |
Country |
|
|
|
||
|
Import |
Germany |
|
2013 |
|
||
|
Import |
Japan |
|
2013 |
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||
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Import |
Great Britain and Northern Ireland / United Kingdom |
|
2013 |
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Import |
USA |
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2013 |
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Export |
Country |
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Export |
world-wide |
|
2013 |
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||
|
total turnover (total sales) |
2012 |
EUR 40.000.000,00 |
(approx.) |
|
total turnover (total sales) |
2011 |
EUR 39.433.415,47 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 31.627.248,66 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 25.310.757,83 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR 35.716.360,47 |
(exact) |
|
total employees |
2013 |
230 |
(exact) |
|
white collar workers |
2013 |
65 |
(exact) |
|
blue collar workers |
2013 |
157 |
(exact) |
|
apprentices |
2013 |
8 |
(exact) |
|
total stock |
2013 |
EUR 3.500.000,00 |
(average) |
|
total company vehicles |
2013 |
15 |
(exact) |
|
firm
(style): |
|
17
Röchling LERIPA Papertech |
|
legal
form: |
|
1
Kommanditgesellschaft |
|
registered
office: |
|
3
politischer Gemeinde Oepping |
|
business
adress: |
|
22
Röchlingstr. 1 |
|
general
partner: |
|
A
Röchling LERIPA Papertech GmbH |
|
limited
partner: |
|
C Röchling Haren International |
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reference
date annual accounts: |
|
5
31. Dezember |
|
annual
accounts: |
|
25
zum 31.12.2011 eingereicht am 24.09.2012 |
|
proxy: |
|
D
Mag.(FH) Petra Hofer, geb. 24.08.1975 |
|
general
table: |
|
Landesgericht Linz |
Registration number of real estate 427 Cadastral
register 47317 Öpping O Number and date of entry 4638/2011
Status of 2013-02-18
|
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 179/1995 |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions
(as registered in the companies' house) |
|
Mag.(FH) Petra Hofer |
1975-08-24 |
4151 Oepping Röchlingstraße
1(c/o) |
joint signing clerk, head of accounting, head of purchasing, head of EDP, head of personnel |
0 |
|
Klaus Winklhofer |
1963-12-24 |
4151 Oepping Röchlingstraße
1(c/o) |
joint signing clerk, technical director |
0 |
|
Peter Eckestorfer |
|
4151 Oepping Röchlingstraße
1(c/o) |
head of sales, head of marketing |
0 |
(absolute) all amounts in
EUR
|
|
2011-12-31 |
|
Franchises, patents, licences, trademarks and similar
rights and advantages |
190.939,91 |
|
Sum intangible assets |
190.939,91 |
|
Land and leasehold rights with buildings thereon including
building on land owned by third parties |
6.227.592,72 |
|
Other operating and business equipment |
764.167,72 |
|
Technical plants and machines |
3.431.321,94 |
|
Advanced payments and constructions in progress |
215.094,98 |
|
Sum tangible assets |
10.638.177,36 |
|
Shares on related firms |
540.000,00 |
|
Other financial assets, values and securities of fixed
assets |
233.490,00 |
|
Sum financial assets |
773.490,00 |
|
Sum fixed assets |
11.602.607,27 |
|
Raw-, auxiliary materials and supplies |
2.710.032,68 |
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Unfinished products |
929.270,12 |
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Sum stock |
3.639.302,80 |
|
Claims from delivered goods and performed services |
4.715.081,14 |
|
Claims against related firmes Claims against companies
with shareholding relationship |
17.220.003,41 |
|
Other claims and assets |
31.324,80 |
|
Sum claims |
21.966.409,35 |
|
Cash on hand, cheques and bank deposits |
334.338,79 |
|
Sum cash and bank |
334.338,79 |
|
Sum current assets |
25.940.050,94 |
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Deferred charges |
45.480,27 |
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Sum deferred charges |
45.480,27 |
|
Assets |
37.588.138,48 |
|
Not committed capital reserves |
10.500.000,00 |
|
Free reserves |
12.753.000,00 |
|
Capital silent partner |
500.000,00 |
|
Sum equity capital |
23.753.000,00 |
|
Investment contributions |
264.841,54 |
|
Sum floor capital |
264.841,54 |
|
Reservesfor severance pays |
1.516.676,00 |
|
Other reserves |
3.193.761,15 |
|
Sum reserves |
4.710.437,15 |
|
Liabilities against credit institutes |
637.500,00 |
|
Received advanced payments for orders |
631.194,43 |
|
Liabilities from delivered goods and performed services
from the acceptance of drafts and emission of promissory notes |
2.236.725,65 |
|
Liabilities against related firms |
498.086,63 |
|
Liabilities against shareholders |
4.075.196,31 |
|
Other liabilities |
781.156,77 |
|
Sum liabilities |
8.859.859,79 |
|
Liabilities |
37.588.138,48 |
|
Balance sheet sum |
37.588.138,48 |
|
|
2011-12-31 |
|
Gross sales |
39.433.415,47 |
|
Increase or decrease in finished and unfinished goods and
in service claims |
345.494,19 |
|
Sum turnover or sum gross profit |
39.778.909,66 |
|
Profits from retirement of fixed assets, except financial
assets |
1.916,38 |
|
Income from dissolution of reserves |
237.414,20 |
|
Other operating profits |
437.691,90 |
|
Other operating profits totally |
677.022,48 |
|
Costs for obtained services |
-537.074,46 |
|
Special account material costs |
-11.700.326,65 |
|
Costs for obtained services totally |
-12.237.401,11 |
|
Wages |
-6.231.046,17 |
|
Salaries |
-3.558.825,05 |
|
Costs for severance pays |
-577.509,75 |
|
Legal fringe benefits and other payments depending on
salaries |
-2.588.801,14 |
|
Other social fringe benefits |
-114.952,10 |
|
Personnel expenses totally |
-13.071.134,21 |
|
Depreciation of intangible assets, tangible
assets,activated expenses for the set up and expansion of business
operation |
-1.579.993,02 |
|
Depreciation tangible assets / intangible assets
totally |
-1.579.993,02 |
|
Different operating costs |
-7.064.196,80 |
|
Other taxes |
-116.278,28 |
|
Other operating costs totally |
-7.180.475,08 |
|
Operating result totally |
6.386.928,72 |
|
Income from other securities and loans of financial
assets |
7.289,93 |
|
Interest income, securties income and similar income |
223.373,75 |
|
Interest and similar disbursements |
-18.516,40 |
|
Financial profits totally |
212.147,28 |
|
Results from usual business activity
totally |
6.599.076,00 |
|
Taxes on income and profits |
-20.969,26 |
|
Taxes on income and profits totally |
-20.969,26 |
|
Annual surplus/annual deficit
totally |
6.578.106,74 |
|
Transfer to profit reserves |
-3.900.000,00 |
|
Reserves movements totally |
-3.900.000,00 |
|
Annual profit/annual loss
totally |
2.678.106,74 |
|
B/S profit/ B/S loss from profit and
loss account |
2.678.106,74 |
|
|
2011 |
|
Cash flow II |
8.158.099,76 |
|
Debt amortisation period |
1,54 |
|
Bank indebtedness |
1,69 |
|
Equity capital share |
64,98 |
|
Social capital share |
4,03 |
|
Fixed assets coverage |
220,07 |
|
Net profit ratio |
16,58 |
|
Capital turnover |
1,05 |
|
Return on investment |
17,60 |
|
Cash flow in % of operating performance |
20,50 |
|
Cash flow I |
8.179.069,02 |
|
Gross productivity |
3,04 |
|
Net productivity |
2,10 |
|
Operating performance |
39.778.909,66 |
|
Inventories in % of operating performance |
9,14 |
|
Gross profit |
27.541.508,55 |
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Röchlingstr. 1, A-4151 Oepping |
registered office |
|
|
|
|
|
operational |
Röchlingstraße 1, A-4151 Oepping |
registered headquarters, owned property |
|
|
|
b.woegerbauer@leripa.com robaproducts@leripa.com |
|
former |
Oepping 100, A-4151 Oepping |
registered office |
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|
|
|
|
former |
Oepping 100, A-4151 Oepping |
registered headquarters |
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|
|
|
|
former |
Stadtplatz 37, A-4150 Rohrbach Oberösterreich |
registered headquarters |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
number |
Companies House |
|
Shares in this company are
held by: |
||||
|
Röchling Haren International
Beteiligungs-GmbH |
Röchlingstraße 1,
D-49733 Haren |
2006-05-04 |
1.485.467 |
|
|
Röchling LERIPA Papertech GmbH |
Röchlingstraße 1, A-4151
Oepping |
1993-04-29 |
533.333 |
FN 92240 y |
|
|
|
|
|
|
|
20
Röchling LERIPA Papertech GmbH |
||||
|
1
Gesellschaft mit beschränkter Haftung |
||||
|
10
EUR 40.000 |
||||
|
1
Die Gesellschaft wird, wenn mehrere Geschäftsführer |
||||
|
D
Ing. Rüdiger Keinberger, geb. 04.04.1965 |
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|
C
Röchling Engineering Plastics KG |
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|
|
|
|
|
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This company holds less than
50% of the shares in: |
||||
|
TDZ Technologie- und Dienstleistungszentrum
Donau Böhmerwald Bezirk Rohrbach GmbH. |
Veldnerstraße 29, A-4120
Neufelden |
0.97 % 2001-01-11 |
1.125.121 |
FN 203706 v |
|
Banker |
Bank sort code |
Type of banking connection |
|
UniCredit Bank Austria AG, 4021 Linz/Donau |
11000 |
main bank connection |
|
Oberbank AG, 4150 Rohrbach |
15000 |
secondary banking connection |
|
Sparkasse Mühlviertel-West Bank Aktienges., 4150 Rohrbach |
20334 |
secondary banking connection |
|
Year of incorporation: |
1993 |
|
Date of registration: |
1993-04-29 |
|
Change of company
name: |
||
|
From |
To |
Company name |
|
|
2007-01-04 |
LERIPA Kunststoff GmbH & Co. KG |
|
2007-01-04 |
|
Röchling LERIPA Papertech GmbH & Co. KG |
|
Former
shareholders: |
|||
|
From |
To |
Function |
Name |
|
1993-04-29 |
2006-05-04 |
limited partner |
Röchling Engineering Plastics KG |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.17 |
|
|
1 |
Rs.82.99 |
|
Euro |
1 |
Rs.70.62 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIT |
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.