|
Report Date : |
07.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
ANTON PAAR GMBH |
|
|
|
|
Registered Office : |
Anton Paarstraße 20, A-8054 Graz Straßgang |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
1922 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of instruments and appliances for measuring, testing and navigation |
|
|
|
|
No. of Employees : |
840 |
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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Austria |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
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 3.8% in 2009 but saw positive growth of about 2% in 2010 and 2.7% in
2011. Growth fell to 0.6% in 2012. 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. The 2012
unemployment rate of 4.3% was the lowest within the EU. Stabilization measures,
stimulus spending, and an income tax reform pushed the budget deficit to 4.5%
in 2010 and 2.6% in 2011, from only about 0.9% 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 external risks, such as Austrian banks' continued 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 package consisting of a mix of expenditure cuts and new revenues that
will bring public finances into balance by 2016. In 2012, the budget deficit
rose to 3.1% of GDP
Source
: CIA
|
Last up-date: |
2013-12-03 |
|
Company name: |
ANTON PAAR GMBH |
|
Status: |
active company |
|
Locations: |
Anton Paarstraße 20, A-8054 Graz Straßgang |
|
Phone: |
0043 (316) 257 |
|
Fax: |
0043 (316) 257 - 257 |
|
E-mail: |
info@anton-paar.com |
|
Internet: |
www.anton-paar.com |
|
Activities: |
Önace 26510 100% Manufacture of instruments and appliances for measuring, testing and navigation |
|
|
|
|
General Assessment: |
Model: CompanyScore |
|
Probability of Default (Basel II): |
0,05% Very low risk |
|
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: |
Payments are sometimes made using cash discounts or according to conditions. |
|
|
Financial situation is good. |
|
Year of incorporation: |
1922 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
limited liability company since 1995-06-09 |
|
||||
|
companies' house number: |
FN 135863 z Graz 1995-08-02 |
|
||||
|
ARA-number: |
7256 |
|
||||
|
VAT number: |
ATU 39074808 |
|
||||
|
number - Austrian National Bank: |
2581884 |
|
||||
|
|
|
|||||
|
|
||||||
|
Export |
Country |
|
|
|
||
|
Export |
world-wide |
|
2013 |
|
||
|
total turnover (total sales) |
2012 |
EUR 114.564.089,38 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 103.174.478,69 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 94.003.870,20 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 72.802.523,14 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR 80.427.347,85 |
(exact) |
|
total employees |
2013 |
840 |
(approx.) |
|
apprentices |
2013 |
34 |
(approx.) |
|
total investments |
2011 |
EUR 5.835.451,87 |
(exact) |
|
firm (style): |
|
3
Anton Paar GmbH |
|
legal form: |
|
1
Gesellschaft mit beschränkter Haftung |
|
registered office: |
|
1
politischer Gemeinde Graz |
|
business adress: |
|
8
Anton-Paar-Straße 20 |
|
capital: |
|
14
EUR 2.300.000 |
|
reference date annual accounts: |
|
1
31. Dezember |
|
annual accounts: |
|
36
zum 31.12.2012 eingereicht am 19.07.2013 |
|
consolidated accounts: |
|
31
zum 31.12.2002 eingereicht am 22.02.2011 |
|
power of representation: |
|
1
Die Gesellschaft wird, wenn mehrere Geschäftsführer |
|
proxy: |
|
E
Maria Santner, geb. 21.08.1961 |
|
supervisory board: |
|
B
Dipl.Ing. Ulrich Santner, geb. 27.08.1932 |
|
managing director: |
|
D
Dr. Friedrich Santner, geb. 07.02.1960 |
|
shareholder: |
|
D
Dr. Friedrich Santner, geb. 07.02.1960 |
|
general table: |
|
Landesgericht für ZRS Graz |
|
Registration number of real estate 1118 Cadastral register 63125 Webling ST Number and date of entry 5350/2011 Status of 2012-10-23 |
|
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 : |
|
7
a 18039/1991 |
|
Surname
|
Date of birth
|
Address
|
Executive positions
|
Further executive positions (as registered in the companies' house) |
|
Dr. Friedrich Santner |
1960-02-07 |
8054 Graz Winzerweg 21 |
manager, partner |
9 |
|
Maria Santner
|
1961-08-21
|
8054 Graz Straßgang Winzerweg 21 |
individual signing clerk
|
1
|
|
Ing. Peter Kettisch
|
1962-04-03
|
8054 Graz Straßgang Martinhofstraße 70 |
joint signing clerk
|
0
|
|
Dipl-Ing. Gerhard Murer |
1958-03-21
|
8054 Graz Straßgang Martinhofstraße 72 |
joint signing clerk
|
2
|
|
Dipl-Ing. Gerhard Raffer |
1951-11-13
|
8054 Graz Straßgang Anton Paarstraße 20(c/o) |
joint signing clerk
|
0
|
|
Ing. Johann Scherfranz |
1964-06-17 |
8072 Fernitz Graz Waldweg 6 |
joint signing clerk |
1 |
|
Dipl-Ing. Ulrich Santner |
1932-08-27
|
8054 Graz Straßgang Rebengasse 56 |
chairman of the supervisory board
|
2
|
|
Mag.Dr. KR Othmar Ederer |
1951-01-27
|
8010 Graz Herrengasse 18
|
deputy chairman of the supervisory board
|
12
|
|
Dr. Univ.Prof. Ferdinand Hofer |
1956-01-15
|
8042 Graz St. Peter Prof. Franz Spathring 7 |
deputy chairman of the supervisory board
|
2
|
|
Mag.(FH) Vinzenz Ferk
|
|
8054 Graz Straßgang Anton Paarstraße 20(c/o) |
head of accounting
|
0
|
|
Maria Profesner
|
1954-06-11
|
8054 Graz Straßgang Kärntnerstraße 322(c/o) |
head of accounting
|
0
|
|
Karl Petzl
|
|
8054 Graz Straßgang Anton Paarstraße 20(c/o) |
head of purchasing
|
0
|
|
Ewald Kraschitz
|
|
8054 Graz Straßgang Kärntnerstraße 322(c/o) |
head of EDP
|
0
|
|
Dipl-Ing. Bernhard Urch |
|
8054 Graz Straßgang Kärntnerstraße 322(c/o) |
technical director
|
0
|
|
Petra Leitner
|
|
8054 Graz Straßgang Anton Paarstraße 20(c/o) |
head of personnel
|
0
|
(absolute) all
amounts in EUR
|
|
2012-12-31 |
|
Franchises, patents, licences, trademarks and similar rights and advantages |
725.756,42 |
|
Sum intangible assets |
725.756,42 |
|
Land and leasehold rights with buildings thereon including building on land owned by third parties |
32.721.607,75 |
|
Other operating and business equipment |
2.755.709,44 |
|
Technical plants and machines |
1.290.821,50 |
|
Advanced payments and constructions in progress |
1.781.707,30 |
|
Sum tangible assets |
38.549.845,99 |
|
Shares on related firms |
15.941.296,27 |
|
Other shareholdings |
573.329,58 |
|
Other loans |
559.183,82 |
|
Other financial assets, values and securities of fixed assets |
55.449,36 |
|
Sum financial assets |
17.129.259,03 |
|
Sum fixed assets |
56.404.861,44 |
|
Raw-, auxiliary materials and supplies |
6.843.564,27 |
|
Unfinished products |
7.717.887,42 |
|
Finished products |
1.661.244,72 |
|
Sum stock |
16.222.696,41 |
|
Claims from delivered goods and performed services |
35.399.507,92 |
|
Claims against related firmes Claims against companies with shareholding relationship |
16.584.948,94 |
|
Special account claims |
2.527.579,56 |
|
Sum claims |
54.512.036,42 |
|
Special account shares |
4.806.813,38 |
|
Sum securities and shares |
4.806.813,38 |
|
Cash on hand, cheques and bank deposits |
18.815.066,86 |
|
Sum cash and bank |
18.815.066,86 |
|
Sum current assets |
94.356.613,07 |
|
Deferred charges |
142.930,45 |
|
Sum deferred charges |
142.930,45 |
|
Assets |
150.904.404,96 |
|
Subscribed/declared capital |
2.300.000,00 |
|
Capital reserves |
1.064.722,37 |
|
Legal reserves |
344.844,28 |
|
Other reserves |
3.609.372,99 |
|
Balance sheet profit/balance sheet loss |
106.171.744,71 |
|
Thereof profit/loss carried forward |
86.802.415,56 |
|
Sum equity capital |
113.490.684,35 |
|
Other reserves before taxes |
796.677,52 |
|
Valuation reserves and other reserves before taxes |
496.109,21 |
|
Sum reserves before taxes |
1.292.786,73 |
|
Reserves for severance pays |
4.566.951,00 |
|
Tax reserves |
462.040,36 |
|
Other reserves |
2.534.760,25 |
|
Sum reserves |
7.563.751,61 |
|
Liabilities against credit institutes |
743.192,35 |
|
Liabilities from delivered goods and performed services |
6.827.928,28 |
|
Liabilities against related firms |
11.170.588,71 |
|
Liabilities against firm with shareholding relationship |
3.480,20 |
|
Other liabilities |
9.756.962,73 |
|
Sum liabilities |
28.502.152,27 |
|
Deferred income |
55.030,00 |
|
Sum deferred income |
55.030,00 |
|
Liabilities |
150.904.404,96 |
|
Balance sheet sum |
150.904.404,96 |
(absolute) all amounts in EUR
|
|
2012-12-31 |
|
Gross sales |
114.564.089,38 |
|
Increase or decrease in finished and unfinished goods and in service claims |
1.045.842,16 |
|
Other manufacturing costs capitalized |
194.287,59 |
|
Total turnover or gross profit |
115.804.219,13 |
|
Profits from retirement of fixed assets, except financial assets |
56.262,80 |
|
Income from dissolution of reserves |
4.087.812,33 |
|
Other operating profits |
6.069.978,59 |
|
Other operating profits totally |
10.214.053,72 |
|
Costs for obtained services |
-3.331.685,25 |
|
Material costs |
-26.227.298,68 |
|
Costs for obtained services totally |
-29.558.983,93 |
|
Wages |
-365.186,06 |
|
Salaries |
-32.903.949,24 |
|
Costs for severance pays |
-1.326.341,19 |
|
Legal fringe benefits and other payments depending on salaries |
-9.087.175,70 |
|
Other social fringe benefits |
-958.396,03 |
|
Personnel expenses totally |
-44.641.048,22 |
|
Depreciation of intangible assets, tangible assets,activated expenses for the set up and expansion of business operation |
-3.491.734,40 |
|
Depreciation tangible assets / intangible assets totally |
-3.491.734,40 |
|
Other operating costs |
-23.671.013,76 |
|
Other taxes |
-174.545,07 |
|
Total costs |
-23.845.558,83 |
|
Operating result totally |
24.480.947,47 |
|
Profits from shareholdings |
2.848.878,22 |
|
Income from other securities and loans of financial assets |
81.158,96 |
|
Profits from the retirement of and investment in financial assets and securities of current assets |
1.367.432,29 |
|
Interest income, securties income and similar income |
928.697,55 |
|
Disbursements from shareholdings (e.g.depreciations) |
-3.924.509,63 |
|
Disbursements from other financial assets and from securities of current assets (e.g. depreciations) |
-90.816,18 |
|
Interest and similar disbursements |
-421.208,58 |
|
Financial profits totally |
789.632,63 |
|
Results from usual business activity totally |
25.270.580,10 |
|
Taxes on income and profits |
-5.920.308,20 |
|
Taxes on income and profits totally |
-5.920.308,20 |
|
Annual surplus/annual deficit totally |
19.350.271,90 |
|
Dissolution reserves before taxes |
19.057,25 |
|
Reserves movements totally |
19.057,25 |
|
Annual profit/annual loss totally |
19.369.329,15 |
|
Profit and loss carried forward from previous year |
86.802.415,56 |
|
Transfer of profits totally |
86.802.415,56 |
|
B/S profit/ B/S loss from profit and loss account |
106.171.744,71 |
|
|
2012 |
|
Cash flow II |
22.842.006,30 |
|
Debt amortisation period |
0,54 |
|
Bank indebtedness |
0,49 |
|
Equity capital share |
76,06 |
|
Social capital share |
3,02 |
|
Fixed assets coverage |
211,59 |
|
Net profit ratio |
21,82 |
|
Capital turnover |
0,76 |
|
Return on investment |
17,02 |
|
Cash flow in % of operating performance |
19,72 |
|
Cash flow I |
28.762.314,50 |
|
Gross productivity |
2,59 |
|
Net productivity |
1,93 |
|
Operating performance |
115.804.219,13 |
|
Inventories in % of operating performance |
14,00 |
|
Gross profit |
86.245.235,20 |
|
Type |
Locations |
Description |
|
|
|
|
|
operational |
Anton-Paar-Straße 20, A-8054 Graz Straßgang |
registered office |
|
|
|
|
|
operational |
Anton Paarstraße 20, A-8054 Graz Straßgang, ident mit Kärntnerstraße 322 |
registered headquarters, owned property |
|
|
|
info@anton-paar.com |
|
former |
Kärntnerstraße 322, A-8054 Graz Straßgang |
registered office |
|
|
|
|
|
Company name
|
Postal code
|
Stake in %
|
KSV-number |
Companies House
|
|
Shares in this company are held by: |
||||
|
Santner Verwaltungs- Aktiengesellschaft |
Anton Paarstraße 20, A-8054 Graz Straßgang |
99 % 2004-03-09
|
1.315.765
|
FN 242068 h
|
|
Dr. Friedrich Santner
|
Winzerweg 21, A-8054 Graz |
1 % 1995-09-08
|
912.602.643
|
|
|
|
||||
|
This company holds 100% of the shares in: |
||||
|
Anton Paar ShapeTec GmbH
|
Gewerbepark 7, A-8142 Wundschuh |
100 % 1996-01-17
|
454.735
|
FN 35588 k
|
|
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
|
UniCredit Bank Austria AG, 8011 Graz
|
12000
|
main bank connection
|
|
|
Steiermärkische Bank und Sparkassen Aktienges., 8011 Graz
|
20815
|
secondary banking connection
|
|
|
|
|
||
|
Year of incorporation: |
1922 |
|
Date of registration: |
1995-08-02 |
|
Change in share
capital: |
||
|
From |
To |
Capital |
|
|
2003-06-11 |
ATS 50.000.000,00 |
|
2003-06-11 |
|
EUR 2.300.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
2002-01-17 |
manager |
Dipl-Ing. Ulrich Santner |
|
1995-09-07 |
1997-02-07 |
individual signing clerk |
Dr. Friedrich Santner |
|
|
2004-03-10 |
individual signing clerk |
Barbara Edelsbrunner |
|
2004-03-10 |
2010-05-08 |
joint signing clerk |
Maria Profesner |
|
2004-03-10 |
2012-07-05 |
joint signing clerk |
Dipl-Ing. Bernhard Josef Urch |
|
2002-02-21 |
2008-04-12 |
deputy chairman of the supervisory board |
DDr. Horst Pirker |
|
2008-07-26 |
2013-11-22 |
joint signing clerk |
Ing. Gebhard Sauseng |
|
Former
shareholders: |
|||
|
From |
To |
Function |
Name |
|
1995-09-08 |
2004-03-09 |
partner |
Barbara Edelsbrunner |
|
1995-09-08 |
2004-03-09 |
partner |
Maria Santner |
|
1995-09-08 |
2004-03-09 |
partner |
Dipl-Ing. Ulrich Santner |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.67 |
|
|
1 |
Rs.100.65 |
|
Euro |
1 |
Rs.84.25 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIS |
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.