|
Report Date : |
20.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
BERNIT GMBH & CO. KG |
|
|
|
|
Registered Office : |
Bahnhofstraße 130, 5204 Straßwalchen |
|
|
|
|
Country : |
Austria |
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|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
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Date of Incorporation : |
1928 |
|
|
|
|
Legal Form : |
Limited Liability Partnership |
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|
|
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Line of Business : |
Wholesale of construction materials and sanitary equipment |
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|
|
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No. of Employees : |
48 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
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|
|
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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 – 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 |
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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 |
BERNIT GMBH & CO. KG
Bahnhofstraße 130, 5204 Straßwalchen
|
Company name: |
Bernit GmbH & Co. KG |
|
Status: |
active company |
|
Locations: |
Bahnhofstraße 130, A-5204 Straßwalchen |
|
Phone: |
0043 (6215) 8531 |
|
Fax: |
0043 (6215) 6901 |
|
E-mail: |
office@bernit.at |
|
Internet: |
http://www.bernit.at |
|
Activities: |
Önace 46732 50% Wholesale of construction materials and sanitary
equipment |
|
|
Önace 23700 40% Cutting, shaping and finishing of stone |
|
|
Önace 47520 10% Retail sale of hardware, paints and glass in
specialised stores |
|
|
|
|
General Assessment: |
Model: CompanyScore |
|
comparison: |
The Rating of this company meets 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 average, increased use of external capital. |
|
Year of incorporation: |
1928 |
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||||
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Activities: |
|
|
||||
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Type of company: |
Wholesale and retail trade; repair of motor vehicles |
|
||||
|
Legal form: |
limited liability partnership since 1977-04-01 |
|
||||
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companies' house number: |
FN 27688 v Salzburg 1977-09-13 |
|
||||
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VAT number: |
ATU 35118001 |
|
||||
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number - Austrian National Bank: |
87785 |
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||||||
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Import |
Country |
|
|
|
||
|
Import |
world-wide |
|
2013 |
|
||
|
|
||||
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Export |
Country |
|
|
|
|
Export |
Germany |
|
2013 |
|
|
total turnover (total sales) |
2012 |
EUR 6.750.000,00 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 6.700.000,00 |
(approx.) |
|
total turnover (total sales) |
2010 |
EUR 6.902.715,00 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 7.200.000,00 |
(approx.) |
|
total turnover (total sales) |
2008 |
EUR 8.000.000,00 |
(estimated) |
|
total employees |
2013 |
48 |
(exact) |
|
apprentices |
2013 |
3 |
(exact) |
|
total company vehicles |
2013 |
11 |
(exact) |
|
self-financed vehicles |
2013 |
11 |
(exact) |
|
cars |
2013 |
2 |
(exact) |
|
lorries more than 3.5t |
2013 |
3 |
(exact) |
|
trailers |
2013 |
1 |
(exact) |
|
busses |
2013 |
5 |
(exact) |
|
firm (style): |
|
8 Bernit GmbH & Co. KG |
|
legal form: |
|
1 Kommanditgesellschaft |
|
registered
office: |
|
1 Steindorf, politische
Gemeinde Straßwalchen |
|
business adress: |
|
8 Bahnhofstraße 130 |
|
general partner: |
|
A Bernit GmbH |
|
limited partner: |
|
F Mag Christine Berendt, geb.
09.12.1972 |
|
reference date
annual accounts: |
|
9 31. Dezember |
|
annual accounts: |
|
13 zum 31.12.2011
eingereicht am 20.09.2012 |
|
proxy: |
|
F Mag Christine Berendt, geb.
09.12.1972 |
|
general table: |
|
Landesgericht Salzburg |
|
Real estate KSV text: |
|
No real estate property registered |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the companies' house) |
|
Mag. Christine Berendt |
1972-12-09 |
5302 Henndorf Schoarerbergstraße 31 |
individual signing clerk, limited partner, head of purchasing, head of personnel |
2 |
|
Mag. Jörg Wagner |
1972-07-31 |
5302 Henndorf Schoarerbergstraße 31 |
individual signing clerk |
2 |
|
Elfriede Kreil |
|
5204 Straßwalchen Bahnhofstraße 130(c/o) |
head of accounting |
0 |
|
Johann Mohr |
|
5204 Straßwalchen Steindorf 154(c/o) |
head of purchasing |
0 |
|
Karl Heinz Lugstein |
|
5204 Straßwalchen Bahnhofstraße 130(c/o) |
head of sales |
0 |
|
Mag. Jörg Wagner |
|
5204 Straßwalchen Bahnhofstraße 130(c/o) |
head of marketing |
0 |
|
|
2011-12-31 |
|
|
|
|
|
Intangible assets |
3.341,68 |
|
|
|
|
|
Sum intangible assets |
3.341,68 |
|
|
|
|
|
|
|||||
|
Tangible assets |
1.003.833,91 |
|
|
|
|
|
Sum tangible assets |
1.003.833,91 |
|
|
|
|
|
|
|||||
|
Financial assets |
11.368,27 |
|
|
|
|
|
Sum financial assets |
11.368,27 |
|
|
|
|
|
|
|||||
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Sum fixed assets |
1.018.543,86 |
|
|
|
|
|
|
|||||
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Stocks |
1.942.902,36 |
|
|
|
|
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Sum stock |
1.942.902,36 |
|
|
|
|
|
|
|||||
|
Claims and other assets |
598.530,10 |
|
|
|
|
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Sum claims |
598.530,10 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
56.264,80 |
|
|
|
|
|
Sum cash and bank |
56.264,80 |
|
|
|
|
|
|
|||||
|
Sum current assets |
2.597.697,26 |
|
|
|
|
|
|
|||||
|
Deferred charges |
17.101,87 |
|
|
|
|
|
Sum deferred charges |
17.101,87 |
|
|
|
|
|
Assets |
3.633.342,99 |
|
|
|
|
|
|
|||||
|
Capital silent partner |
173.224,52 |
|
|
|
|
|
Sum equity capital |
173.224,52 |
|
|
|
|
|
|
|||||
|
Other reserves before taxes |
59.821,03 |
|
|
|
|
|
Sum reserves before taxes |
59.821,03 |
|
|
|
|
|
|
|||||
|
Reserves |
333.914,51 |
|
|
|
|
|
Sum reserves |
333.914,51 |
|
|
|
|
|
|
|||||
|
Liabilities |
3.066.382,93 |
|
|
|
|
|
Sum liabilities |
3.066.382,93 |
|
|
|
|
|
|
|||||
|
Liabilities |
3.633.342,99 |
|
|
|
|
|
|
|||||
|
Balance sheet sum |
3.633.342,99 |
|
|
|
|
|
|
2011 |
|
|
|
|
|
|
Equity capital share |
6,41 |
|
|
|
|
|
|
Fixed assets coverage |
22,88 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Bahnhofstraße 130, A-5204 Straßwalchen |
registered office |
|
|
|
|
|
operational |
Bahnhofstraße 130, A-5204 Straßwalchen, (umbenannt v. Steindorf
154) |
registered headquarters, rented premises |
|
|
|
office@bernit.at |
|
operational |
Porzellangasse 27, A-1090 Wien, (seit Febr.2007) |
branch office |
|
|
|
|
|
former |
Bahnhofstraße 28, A-4680 Haag Hausruck |
branch office |
|
|
|
|
|
former |
Steindorf Nr. 154, A-5204 Straßwalchen |
registered office |
|
|
|
|
|
Company name |
Postal code |
|
KSV-number |
Companies House |
|
Shares in this company are held by: |
||||
|
Bernit GmbH |
Bahnhofstraße 130, A-5204 Straßwalchen |
1977-04-01 |
100.229 |
FN 71893 a |
|
|
|
|
|
|
|
17 Bernit GmbH |
||||
|
1 Gesellschaft mit
beschränkter Haftung |
||||
|
17 EUR 36.000 |
||||
|
17 Die Generalversammlung
bestimmt, wenn mehrere Geschäfts- |
||||
|
E Mag Christine Berendt, geb.
09.12.1972 |
||||
|
A Albin Berendt, geb.
10.11.1944 |
||||
|
|
|
|
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Banker |
Bank sort code |
Type of banking connection |
|
Raiffeisenbank Straßwalchen, 5204 Straßwalchen |
35062 |
main bank connection |
|
Year of incorporation: |
1928 |
|
Date of registration: |
1977-09-13 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2008-09-06 |
Bernit Baustoffwerk Gesellschaft m.b.H. & Co. KG |
|
2008-09-06 |
|
Bernit GmbH & Co. KG |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
2008-09-06 |
individual signing clerk |
Elfriede Berendt |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
1998-01-13 |
2010-03-27 |
general partner |
Albin Berendt |
|
|
1998-01-13 |
limited partner |
Albin Berendt |
|
1992-08-07 |
2008-09-06 |
limited partner |
Ewald Berendt |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.58.74 |
|
|
1 |
Rs.91.99 |
|
Euro |
1 |
Rs.78.70 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.