|
Report Date : |
07.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
MUROLL PAPIER- U. KUNSTSTOFFVERARBEITUNGS- GESELLSCHAFT M.B.H. |
|
|
|
|
Registered Office : |
Satteinserstraße 12, A-6820 Frastanz |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Year of Incorporation : |
1964 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of paper stationery |
|
|
|
|
No. of Employees : |
115 |
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 |
|
Maximum Credit Limit: |
EUR 657.000,00 |
|
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 – 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 |
|
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 3.9% 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: |
Müroll Papier- u. Kunststoffverarbeitungs- gesellschaft m.b.H. |
|
Status: |
active company |
|
Locations: |
Satteinserstraße 12, A-6820 Frastanz |
|
Phone: |
0043 (5522) 51153 |
|
Fax: |
0043 (5522) 51153 - 8 |
|
E-mail: |
office@mueroll.com |
|
Internet: |
http://www.mueroll.com |
|
Activities: |
Önace 17230 100% Manufacture of paper stationery |
|
|
|
|
Probability of Default (Basel II): |
0,15% |
|
Recommendation: |
In respect to solvency reasons, there is nothing to say against an
establishment of a business relationship. |
|
|
|
|
Detail Assessment: |
Payments are made according to conditions within agreed terms, using
cash discounts. |
|
|
Financial situation is good. |
|
|
Maximum credit EUR 657.000,00 |
|
|
|
|||||
|
Year of incorporation: |
1964 |
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
limited liability company since 1980-12-19 |
|
||||
|
companies' house number: |
FN 68918 a Feldkirch 1980-12-29 |
|
||||
|
Activities: |
|
|
||||
|
Trade names: |
Ö Hersteller von Klebebänder |
|
||||
|
Trade names: |
Müroll Ges.m.b.H. |
|
||||
|
ARA-number: |
1476 |
|
||||
|
VAT number: |
ATU 36507302 |
|
||||
|
number - Austrian National Bank: |
76228 |
|
||||
|
|
|
|||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
European Union |
|
2012 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
world-wide |
|
2012 |
|
|
total turnover (total sales) |
2012 |
EUR 31.279.000,00 |
(approx.) |
|
total turnover (total sales) |
2011 |
EUR 30.076.000,00 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 28.000.000,00 |
(approx.) |
|
total turnover (total sales) |
2009 |
EUR 26.000.000,00 |
(approx.) |
|
total turnover (total sales) |
2008 |
EUR 28.500.000,00 |
(approx.) |
|
total employees |
2012 |
115 |
(exact) |
|
total stock |
2012 |
EUR 3.500.000,00 |
(average) |
|
total company vehicles |
2012 |
13 |
(exact) |
|
cars |
2012 |
13 |
(exact) |
|
firm (style): |
|
1 Müroll Papier- u.
Kunststoff- |
|
legal form: |
|
1 Gesellschaft mit
beschränkter Haftung |
|
registered
office: |
|
1 politischer Gemeinde
Frastanz |
|
business adress: |
|
1 Satteinserstraße 12 |
|
capital: |
|
1 ATS 11.900.000 |
|
reference date
annual accounts: |
|
1 31. Dezember |
|
annual accounts: |
|
26 zum 31.12.2011
eingereicht am 25.09.2012 |
|
power of
representation: |
|
1 Die Vertretungsbefugnis
der Geschäftsführer wird |
|
proxy: |
|
M Christine Raggl, geb.
07.10.1968 |
|
managing
director: |
|
C Kurt Pichler, geb.
02.09.1954 |
|
shareholder: |
|
A Oswald Müller, geb. 25.04.1939 |
|
general table: |
|
Landesgericht Feldkirch |
|
Registration number of real estate
1053 Cadastral register 04033 Traiskirchen N Number
and date of entry 138/2008 Status of 2012-12-18 |
|
Part A - type of
real estate : |
|
763/1 GST-Fläche 17255 |
|
Part B -
ownership details : |
|
3 ANTEIL: 1/1 |
|
Part C -
registered charges : |
|
1 a 10501/1877 |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the
companies' house) |
|
|
Dr. Uwe Müller |
1965-01-11 |
6820 Frastanz Kleinfeldgasse 1a |
manager |
1 |
|
|
Mag. Michael Müller |
1963-10-16 |
6820 Frastanz Kleinfeldgasse 1a |
manager |
0 |
|
|
Kurt Pichler |
1954-09-02 |
6820 Frastanz Kleinfeldgasse 1 |
manager, head of purchasing, head of sales, head of marketing, technical director, head of personnel |
2 |
|
|
Oswald Müller |
1939-04-25 |
6820 Frastanz Kleinfeldgasse 1 |
partner |
0 |
|
|
Johann Müller |
1941-06-25 |
6820 Frastanz Frastrafederstraße |
partner |
0 |
|
|
Christine Raggl |
1968-10-07 |
6820 Frastanz Satteinserstraße 12(c/o) |
individual signing clerk |
1 |
|
all amounts in
EUR
|
|
2011-12-31 |
|
|
|
|
|
Land and leasehold rights with buildings thereon including building on
land owned by third parties |
1.833.539,62 |
|
|
|
|
|
Other operating and business equipment |
233.181,40 |
|
|
|
|
|
Technical plants and machines |
2.214.611,64 |
|
|
|
|
|
Sum tangible assets |
4.281.332,66 |
|
|
|
|
|
|
|||||
|
Shares on related firms |
833.114,12 |
|
|
|
|
|
Other shareholdings |
492.747,07 |
|
|
|
|
|
Other financial assets, values and securities of fixed assets |
928.814,59 |
|
|
|
|
|
Sum financial assets |
2.254.675,78 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
6.536.008,44 |
|
|
|
|
|
|
|||||
|
Raw-, auxiliary materials and supplies |
2.427.831,00 |
|
|
|
|
|
Unfinished products |
360.760,00 |
|
|
|
|
|
Finished products |
719.793,00 |
|
|
|
|
|
Sum stock |
3.508.384,00 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
3.634.734,12 |
|
|
|
|
|
Claims against companies with shareholding relationship |
57.895,20 |
|
|
|
|
|
Claims against related firmes Claims against companies with
shareholding relationship |
2.512.430,79 |
|
|
|
|
|
Special account claims |
748.468,67 |
|
|
|
|
|
Sum claims |
6.953.528,78 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
3.617.313,79 |
|
|
|
|
|
Sum cash and bank |
3.617.313,79 |
|
|
|
|
|
|
|||||
|
Sum current assets |
14.079.226,57 |
|
|
|
|
|
|
|||||
|
Deferred charges |
72.383,38 |
|
|
|
|
|
Sum deferred charges |
72.383,38 |
|
|
|
|
|
Assets |
20.687.618,39 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
864.806,73 |
|
|
|
|
|
Free reserves |
1.000.000,00 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
8.518.680,03 |
|
|
|
|
|
Thereof profit/loss carried forward |
7.788.517,37 |
|
|
|
|
|
Sum equity capital |
10.383.486,76 |
|
|
|
|
|
|
|||||
|
Valuation reserves and other reserves before taxes |
598.616,01 |
|
|
|
|
|
Sum reserves before taxes |
598.616,01 |
|
|
|
|
|
|
|||||
|
Investment contributions |
22.037,08 |
|
|
|
|
|
Sum floor capital |
22.037,08 |
|
|
|
|
|
|
|||||
|
Reservesfor severance pays |
1.117.263,00 |
|
|
|
|
|
Reserves for pensions |
2.250.305,80 |
|
|
|
|
|
Tax reserves |
42.263,00 |
|
|
|
|
|
Other reserves |
590.666,66 |
|
|
|
|
|
Sum reserves |
4.000.498,46 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
4.337.502,63 |
|
|
|
|
|
Received advanced payments for orders |
8.373,50 |
|
|
|
|
|
Liabilities from delivered goods and performed services from the acceptance
of drafts and emission of promissory notes |
768.517,28 |
|
|
|
|
|
Liabilities against related firms |
253.776,64 |
|
|
|
|
|
Other liabilities |
314.810,03 |
|
|
|
|
|
Sum liabilities |
5.682.980,08 |
|
|
|
|
|
|
|||||
|
Liabilities |
20.687.618,39 |
|
|
|
|
|
|
|||||
|
Balance sheet sum |
20.687.618,39 |
|
|
|
|
all amounts in
EUR
|
|
2011-12-31 |
|
|
|
|
|
Gross profit |
10.302.421,26 |
|
|
|
|
|
Sum turnover or sum gross profit |
10.302.421,26 |
|
|
|
|
|
|
|||||
|
Other operating profits |
314.628,53 |
|
|
|
|
|
Other operating profits totally |
314.628,53 |
|
|
|
|
|
|
|||||
|
Wages |
-2.086.764,87 |
|
|
|
|
|
Salaries |
-1.983.892,74 |
|
|
|
|
|
Costs for severance pays |
-326.649,75 |
|
|
|
|
|
Costs for old age pension |
-118.441,75 |
|
|
|
|
|
Legal fringe benefits and other payments depending on salaries |
-1.132.822,73 |
|
|
|
|
|
Other social fringe benefits |
-73.917,41 |
|
|
|
|
|
Personnel expenses totally |
-5.722.489,25 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses
for the set up and expansion of business operation |
-565.689,60 |
|
|
|
|
|
Depreciation tangible assets / intangible assets totally |
-565.689,60 |
|
|
|
|
|
|
|||||
|
Different operating costs |
-3.298.957,29 |
|
|
|
|
|
Other taxes |
-43.333,42 |
|
|
|
|
|
Other operating costs totally |
-3.342.290,71 |
|
|
|
|
|
|
|||||
|
Operating result totally |
986.580,23 |
|
|
|
|
|
|
|||||
|
Income from other securities and loans of financial assets |
17.065,18 |
|
|
|
|
|
Profits from the retirement of and investment in financial assets and
securities of current assets |
10.452,39 |
|
|
|
|
|
Interest income, securties income and similar income |
125.587,25 |
|
|
|
|
|
Disbursements from other financial assets and from securities of
current assets (e.g. depreciations) |
-1.070,10 |
|
|
|
|
|
Interest and similar disbursements |
-108.141,41 |
|
|
|
|
|
Financial profits totally |
43.893,31 |
|
|
|
|
|
|
|||||
|
Results from usual business activity
totally |
1.030.473,54 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-300.310,88 |
|
|
|
|
|
Taxes on income and profits totally |
-300.310,88 |
|
|
|
|
|
Annual surplus/annual deficit totally |
730.162,66 |
|
|
|
|
|
|
|||||
|
Annual profit/annual loss totally |
730.162,66 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
7.788.517,37 |
|
|
|
|
|
Transfer of profits totally |
7.788.517,37 |
|
|
|
|
|
B/S profit/ B/S loss from profit and loss
account |
8.518.680,03 |
|
|
|
|
|
|
2011 |
|
|
|
|
|
|
Cash flow II |
1.295.852,26 |
|
|
|
|
|
|
Debt amortisation period |
4,67 |
|
|
|
|
|
|
Bank indebtedness |
20,96 |
|
|
|
|
|
|
Equity capital share |
53,21 |
|
|
|
|
|
|
Social capital share |
16,27 |
|
|
|
|
|
|
Fixed assets coverage |
219,88 |
|
|
|
|
|
|
Net profit ratio |
0,00 |
|
|
|
|
|
|
Capital turnover |
0,00 |
|
|
|
|
|
|
Return on investment |
5,50 |
|
|
|
|
|
|
Cash flow in % of operating performance |
0,00 |
|
|
|
|
|
|
Cash flow I |
1.596.163,14 |
|
|
|
|
|
|
Gross productivity |
0,00 |
|
|
|
|
|
|
Net productivity |
0,00 |
|
|
|
|
|
|
Operating performance |
0,00 |
|
|
|
|
|
|
Inventories in % of operating performance |
0,00 |
|
|
|
|
|
|
Gross profit |
10.302.421,26 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Satteinserstraße 12, A-6820 Frastanz |
registered office, owned property |
|
|
|
|
|
operational |
Satteinserstraße 12, A-6820 Frastanz |
registered headquarters, owned property |
|
|
|
office@mueroll.com |
|
operational |
Eugen Dahmstraße 1-3, A-2514 Traiskirchen, sowie Verkauf |
warehouse |
|
|
|
|
|
former |
Gallgasse 17, A-1030 Wien |
place of business |
|
|
|
|
|
former |
Wolfganggasse 33, A-1120 Wien |
office |
|
|
|
|
|
former |
Kleinfeldgasse 3, A-6820 Frastanz |
registered headquarters |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
number |
Companies House |
|
Shares in this company are held by: |
||||
|
Johann und Oswald Müller Privatstiftung |
Satteinserstraße 12, A-6820 Frastanz |
99.98 % 1998-01-16 |
932.041 |
FN 166179 g |
|
Oswald Müller |
Kleinfeldgasse 1, A-6820 Frastanz |
0.01 % 1980-12-29 |
900.016.695 |
|
|
Johann Müller |
Frastrafederstraße , A-6820 Frastanz |
0.01 % 1980-12-29 |
900.016.696 |
|
|
|
||||
|
This company holds 50% to 99% of the
shares in: |
||||
|
"LOGETT" Etikettenproduktions- und Handels Ges.m.b.H. |
Satteinserstraße 12, A-6820 Frastanz |
60 % 1997-11-20 |
917.630 |
FN 164871 h |
|
|
||||
|
This company holds less than 50% of the
shares in: |
||||
|
MÜROLL Vermögensverwaltungs- gesellschaft m.b.H. |
Satteinserstraße 12, A-6820 Frastanz |
0.5 % 2008-01-16 |
1.358.815 |
FN 250605 m |
|
|
||||
|
Affiliated companies and further
participations: |
||||
|
MÜROLL Vermögensverwaltungs- gesellschaft m.b.H. |
Satteinserstraße 12, A-6820 Frastanz |
|
1.358.815 |
FN 250605 m |
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
UniCredit Bank Austria AG, 6901 Bregenz |
20151 |
main bank connection |
|
Raiffeisenbank Frastanz-Satteins, 6820 Frastanz |
37424 |
main bank connection |
|
Bank für Tirol und Vorarlberg Aktienges., 6901 Bregenz |
16000 |
secondary banking connection |
|
Year of incorporation: |
1964 |
|
Date of registration: |
1980-12-29 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
2000-04-12 |
manager |
Oswald Müller |
|
|
2002-12-04 |
manager |
Johann Müller |
|
|
2000-04-12 |
individual signing clerk |
Kurt Pichler |
|
2000-04-12 |
2005-03-04 |
individual signing clerk |
Günter Rauch |
|
|
2008-11-29 |
individual signing clerk |
Helmut Müller |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
1980-12-29 |
1998-01-16 |
partner |
Mag. Elke Müller |
|
|
1998-01-16 |
partner |
Frauke Müller |
|
|
1998-01-16 |
partner |
Hildegard Müller |
|
1980-12-29 |
1998-01-16 |
partner |
Mag. Michael Müller |
|
1980-12-29 |
1998-01-16 |
partner |
Ulrike Müller |
|
1980-12-29 |
1998-01-16 |
partner |
Dr. Uwe Müller |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
1994-08-26 |
1999-07-08 |
Eugen Dahm Gesellschaft m.b.H. |
|
Mergers: |
||
|
Date |
Function |
Name |
|
2000-11-30 |
merged with |
Eugen Dahm Gesellschaft m.b.H. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.84 |
|
|
1 |
Rs.88.16 |
|
Euro |
1 |
Rs.71.54 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.