|
Report Date : |
20.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
IGM ROBOTERSYSTEME AG |
|
|
|
|
Formerly Known
as: |
IG Unternehmensbeteiligungen GmbH |
|
|
|
|
Registered Office : |
IZ NÖ-Süd, Straße 2a, Halle 8M, A-2355 Wiener
Neudorf |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Year of Establishments: |
1967 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
manufacturer of robots especially developed for arc welding. |
|
|
|
|
No. of Employees : |
93 |
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 – September 30th, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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 |
|
Company name: |
igm Robotersysteme AG |
|
Status: |
active company |
|
Locations: |
IZ NÖ-Süd, Straße 2A, Objekt M8, A-2355 Wiener
Neudorf |
|
Phone: |
0043 (2236) 6706 |
|
Fax: |
0043 (2236) 6706 - 99101 |
|
E-mail: |
|
|
Internet: |
|
|
Activities: |
manufacturer of robots especially developed for arc welding It exports worldwide systems for the truck industry, the production of earthmoving machinery, railway construction, manufacture of boilers, and for shipbuilding, representing the basis of production for many well-known manufacturers. It offers complex
customized solutions for automated welding and cutting processes. |
|
|
|
|
General Assessment: |
|
|
Probability of Default (Basel II): |
0,06% 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: |
Payment 250 Payments are made within net agreements. |
|
|
Assessment 250 Financial situation is satisfactory. |
|
Year of incorporation: |
1967 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
joint stock company since 2005-03-21 |
|
||||
|
companies' house number: |
FN 250953 z Wiener Neustadt 2004-07-30 |
|
||||
|
VAT number: |
ATU 61199045 |
|
||||
|
number - Austrian National Bank: |
6544347 |
|
||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
Germany |
|
2013 |
|
||
|
|
||||||
|
Export |
Country |
|
|
|
||
|
Export |
world-wide |
|
2013 |
|
||
|
total turnover (total sales) |
2013 |
EUR 55.000.000,00 |
(expected) |
|
total turnover (total sales) |
2012 |
EUR 54.357.575,05 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 56.172.547,36 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 40.675.618,72 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 39.051.082,16 |
(exact) |
|
total employees |
2013 |
93 |
(exact) |
|
white collar workers |
2013 |
93 |
(exact) |
|
total investments |
2012 |
EUR 4.118.732,02 |
(exact) |
|
total company vehicles |
2013 |
12 |
(approx.) |
|
firm
(style): |
|
6
igm Robotersysteme AG |
|
legal
form: |
|
6
Aktiengesellschaft |
|
registered
office: |
|
1
politischer Gemeinde Wiener Neudorf |
|
business
adress: |
|
6
IZ NÖ-Süd, Straße 2a, Halle 8M |
|
capital: |
|
2
EUR 1.601.100 |
|
reference
date annual accounts: |
|
4
31. Dezember |
|
annual
accounts: |
|
24
zum 31.12.2012 eingereicht am 13.08.2013 |
|
power
of representation: |
|
6
Die Gesellschaft wird, wenn mehrere Vorstandsmitglieder |
|
board
of directors: |
|
E
Dr. Johannes Franner, geb. 02.07.1968 |
|
proxy: |
|
M
Sabine Auer, geb. 25.12.1968 |
|
supervisory
board: |
|
H
Ing. Franz Vokurka, geb. 30.06.1934 |
|
general
table: |
|
Landesgericht Wiener Neustadt |
|
Registration number of real
estate 1660 Cadastral register 16128 Wiener Neudorf
N Number and date of entry 2211/2012 Status of
2012-07-17 |
|
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 : |
|
3
a 4952/1983 |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as
registered in the companies' house) |
|
Sabine Auer |
1968-12-25 |
2822 Bad Erlach Bauerngasse 104 |
joint signing clerk, head of accounting |
0 |
|
Markus Sammer |
1970-08-02 |
7091 Breitenbrunn Franz Schnell-Straße 43 |
joint signing clerk |
0 |
|
Ing. Hans Schmerlaib |
1964-09-26 |
2601 Sollenau Weidengasse 31 |
joint signing clerk, technical director |
0 |
|
Ing. Martin Merstallinger |
1964-12-31 |
2362 Biedermannsdorf Finkenstraße 11 |
chairman of the executive board, head of sales |
4 |
|
Dr. Johannes Franner |
1968-07-02 |
2355 Wiener Neudorf IZ NÖ Südstraße 2 (c/o) |
member of the executive board |
3 |
|
Ing. Franz Vokurka |
1934-06-30 |
1140 Wien Minorgasse 60 |
chairman of the supervisory board |
3 |
|
Dr. Gerhard Kandler |
1939-11-30 |
2371 Hinterbrühl Hortigstraße 9 |
deputy chairman of the supervisory board |
1 |
|
Josef Kreuzer |
1961-12-20 |
2355 Wiener Neudorf IZ NÖ Südstraße 2a(c/o) |
member of the supervisory board |
0 |
|
Werner Rathfuss |
1953-11-22 |
2753 Markt Piesting Schubertweg 5 |
member of the supervisory board |
0 |
|
Barbara Riedler |
1963-06-15 |
1140 Wien Lautensackgasse 29 |
member of the supervisory board |
6 |
|
Ing. Martin Wihsbeck |
|
2355 Wiener Neudorf IZ NÖ Südstraße 2a(c/o) |
head of marketing |
0 |
|
Gabriele Reif |
|
2355 Wiener Neudorf IZ NÖ Südstraße 2a(c/o) |
head of personnel |
0 |
(absolute) all amounts in
EUR
|
|
2012-12-31 |
|
Franchises, patents, licences, trademarks and similar
rights and advantages |
92.591,47 |
|
Sum intangible assets |
92.591,47 |
|
Land and leasehold rights with buildings thereon including
building on land owned by third parties |
2.336.020,90 |
|
Other operating and business equipment |
1.195.953,58 |
|
Technical plants and machines |
44.500,00 |
|
Sum tangible assets |
3.576.474,48 |
|
Shares on related firms |
8.752.605,54 |
|
Other shareholdings |
66.362,52 |
|
Loans to related firms |
7.072.119,74 |
|
Other financial assets, values and securities of fixed
assets |
1.743.927,96 |
|
Sum financial assets |
17.635.015,76 |
|
Sum fixed assets |
21.304.081,71 |
|
Raw-, auxiliary materials and supplies |
1.814.788,64 |
|
Unfinished products |
943.412,99 |
|
Finished products |
481.398,24 |
|
Advanced payments |
144.549,99 |
|
Sum stock |
3.384.149,86 |
|
Claims from delivered goods and performed services |
13.169.547,37 |
|
Claims against companies with shareholding relationship |
36.580,06 |
|
Claims against related firmes Claims against companies
with shareholding relationship |
5.211.593,62 |
|
Special account claims |
241.022,96 |
|
Sum claims |
18.658.744,01 |
|
Cash on hand, cheques and bank deposits |
4.205.879,64 |
|
Sum cash and bank |
4.205.879,64 |
|
Sum current assets |
26.248.773,51 |
|
Deferred charges |
60.451,77 |
|
Sum deferred charges |
60.451,77 |
|
Assets |
47.613.306,99 |
|
Subscribed/declared capital |
1.601.100,00 |
|
Legal reserves |
160.110,00 |
|
Balance sheet profit/balance sheet loss |
20.102.610,16 |
|
Thereof profit/loss carried forward |
14.131.904,02 |
|
Sum equity capital |
21.863.820,16 |
|
Valuation reserves and other reserves before taxes |
35.809,10 |
|
Sum reserves before taxes |
35.809,10 |
|
Investment contributions |
2.570.716,30 |
|
Sum floor capital |
2.570.716,30 |
|
Reserves for severance pays |
1.411.528,20 |
|
Reserves for pensions |
1.229.927,00 |
|
Tax reserves |
1.833,32 |
|
Other reserves |
8.844.284,52 |
|
Sum reserves |
11.487.573,04 |
|
Liabilities against credit institutes |
3.800.000,00 |
|
Received advanced payments for orders |
5.317.368,22 |
|
Liabilities from delivered goods and performed services |
2.070.791,29 |
|
Liabilities against related firms |
76.417,98 |
|
Other liabilities |
366.314,15 |
|
Sum liabilities |
11.630.891,64 |
|
Deferred income |
24.496,75 |
|
Sum deferred income |
24.496,75 |
|
Liabilities |
47.613.306,99 |
|
Balance sheet sum |
47.613.306,99 |
(absolute) all amounts in
EUR
|
|
2012-12-31 |
|
Gross sales |
54.357.575,05 |
|
Total turnover or gross profit |
54.357.575,05 |
|
Profits from retirement of fixed assets, except financial
assets |
83,33 |
|
Income from dissolution of reserves |
3.058.710,88 |
|
Other operating profits |
880.328,58 |
|
Other operating profits totally |
3.939.122,79 |
|
Other operating costs |
-18.000,00 |
|
Production costs of the services performed for the
sales |
-42.970.653,77 |
|
Marketing costs |
-5.751.611,81 |
|
Administration costs |
-4.478.263,30 |
|
Total costs |
-53.218.528,88 |
|
Operating result totally |
5.078.168,96 |
|
Profits from shareholdings |
459.188,05 |
|
Income from other securities and loans of financial
assets |
336.553,73 |
|
Interest income, securties income and similar income |
389.798,71 |
|
Interest and similar disbursements |
-162.645,09 |
|
Financial profits totally |
1.022.895,40 |
|
Results from usual business activity
totally |
6.101.064,36 |
|
Taxes on income and profits |
-130.358,22 |
|
Taxes on income and profits totally |
-130.358,22 |
|
Annual surplus/annual deficit
totally |
5.970.706,14 |
|
Annual profit/annual loss
totally |
5.970.706,14 |
|
Profit and loss carried forward from previous year |
14.131.904,02 |
|
Transfer of profits totally |
14.131.904,02 |
|
B/S profit/ B/S loss from profit and
loss account |
20.102.610,16 |
|
|
2012 |
|
Cash flow II |
5.970.706,14 |
|
Debt amortisation period |
2,27 |
|
Bank indebtedness |
7,98 |
|
Equity capital share |
57,85 |
|
Social capital share |
5,54 |
|
Fixed assets coverage |
127,26 |
|
Net profit ratio |
11,22 |
|
Capital turnover |
1,14 |
|
Return on investment |
13,15 |
|
Cash flow in % of operating performance |
10,98 |
|
Cash flow I |
6.101.064,36 |
|
Gross productivity |
0,00 |
|
Net productivity |
0,00 |
|
Operating performance |
54.357.575,05 |
|
Inventories in % of operating performance |
6,22 |
|
Gross profit |
54.357.575,05 |
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
IZ NÖ-Süd, Straße 2a, Halle 8M, A-2355 Wiener
Neudorf |
registered office |
|
|
|
|
|
operational |
IZ NÖ-Süd, Straße 2A, Objekt M8, A-2355 Wiener
Neudorf |
registered headquarters |
|
|
|
|
|
operational |
Schottweg 4, A-4030 Linz |
branch office |
|
|
|
|
|
former |
Walfischgasse 5, A-1010 Wien |
registered office |
|
|
|
|
|
former |
Benzstraße 11a, D-82178 Puchheim |
branch agency |
|
Company name |
Postal code |
Stake in % |
|
Companies House |
|
Shares in this company are
held by: |
||||
|
Global Welding Technologies AG |
IZ NÖ-Süd, Straße 2A/Objekt 8M, A-2355 Wiener
Neudorf |
100 % |
|
FN 243099 z |
|
VOK Privatstiftung |
Hietzinger Hauptstraße 122/II/1, A-1130 Wien |
|
|
FN 203845 y |
|
JANUS Consulting GmbH |
Jagdschloßgasse 77-79/34, A-1130 Wien |
|
|
FN 303104 t |
|
AKM Unternehmensberatungs GmbH |
Fasanstraße 4b, A-2362 Biedermannsdorf |
|
|
FN 303196 b |
|
Banker |
Bank sort code |
Type of banking connection |
|
Investkredit Bank AG, 1013 Wien |
18160 |
main bank connection |
|
UniCredit Bank Austria AG, 1011 Wien |
12000 |
secondary banking connection |
|
Credit Lyonnais Bank (Austria) Aktienges., 1011 Wien |
18180 |
secondary banking connection |
|
Intesa Sanpaolo S.p.A., 1010 Wien |
19640 |
secondary banking connection |
|
Erste Bank der oesterreichischen Sparkassen AG, 1011 Wien |
20111 |
secondary banking connection |
|
Year of incorporation: |
1967 |
|
Date of registration: |
2004-07-30 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2005-04-01 |
IG Unternehmensbeteiligungen GmbH |
|
2005-04-01 |
|
igm Robotersysteme AG |
|
Change of legal form: |
||
|
From |
To |
Legal form |
|
|
2005-04-01 |
limited liability company |
|
2005-04-01 |
|
joint stock company |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2005-01-27 |
EUR 35.000,00 |
|
2005-01-27 |
|
EUR 1.601.100,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
2004-07-30 |
2005-04-01 |
manager |
Dr. Erhard Grossnigg |
|
2005-04-01 |
2011-08-18 |
chairman of the executive board |
Dr. Michael Schur |
|
2005-04-01 |
2011-08-18 |
member of the executive board |
Ing. Martin Merstallinger |
|
2005-04-01 |
2007-08-14 |
chairman of the supervisory board |
Dr. Erhard Grossnigg |
|
2005-04-01 |
2006-06-13 |
deputy chairman of the supervisory board |
Dr.jur. Erich Proksch |
|
2006-06-13 |
2007-08-14 |
deputy chairman of the supervisory board |
Dr. Gerhard Kandler |
|
2007-08-14 |
2011-11-17 |
deputy chairman of the supervisory board |
Dr. Erhard Grossnigg |
|
2005-04-13 |
2006-01-20 |
member of the supervisory board |
Ing. Günther Germ |
|
2005-04-01 |
2007-08-14 |
member of the supervisory board |
Ing. Franz Vokurka |
|
2007-08-14 |
2011-11-17 |
member of the supervisory board |
Dr. Gerhard Kandler |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
2004-07-30 |
2005-04-01 |
partner |
Dr. Schur Unternehmensberatung
GmbH |
|
2004-07-30 |
2005-04-01 |
partner |
Investment und Engeneering
Aktiengesellschaft |
|
2004-07-30 |
2005-04-01 |
partner |
Dr. Erhard Grossnigg |
|
2004-07-30 |
2005-04-01 |
partner |
Dr. Michael Schur |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
|
|
igm Robotersysteme AG |
|
Mergers: |
||
|
Date |
Function |
Name |
|
2005-03-31 |
merged with |
igm Robotersysteme AG |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.38 |
|
UK Pound |
1 |
Rs.102.15 |
|
Euro |
1 |
Rs.85.29 |
INFORMATION DETAILS
|
Report
Prepared by : |
MNL |
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.