|
Report Date : |
06.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
DOKA GMBH |
|
|
|
|
Registered Office : |
Josef Umdaschplatz 1 (umbenannt v Reichsstr.23), A-3300 Amstetten |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Year of Incorporation : |
1958 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of construction materials and sanitary equipment |
|
|
|
|
No. of Employees : |
550 |
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 : |
Good |
|
Payment Behaviour : |
Regular |
|
Litigation : |
-- |
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: |
Doka GmbH |
|
Status: |
active company |
|
Locations: |
Josef Umdaschplatz 1 (umbenannt v Reichsstr.23), A-3300
Amstetten |
|
Phone: |
0043 (7472) 605 |
|
Fax: |
0043 (7472) 64430 |
|
E-mail: |
oest.doka@doka.com |
|
Internet: |
http://www.doka.com |
|
Activities: |
Önace 46732 80% Wholesale of construction materials and sanitary
equipment |
|
|
Önace 77320 20% Renting and leasing of construction and civil engineering
machinery and equipment |
|
|
|
|
Probability of Default (Basel II): |
0,07% Very low risk |
|
Recommendation: |
In respect to solvency reasons, there is nothing to say against an
establishment of a business relationship. |
|
|
|
|
Detail Assessment: |
Payment Payments are made within net agreements. |
|
|
Assessment Financial situation is satisfactory. |
|
|
|
|||||
|
Year of incorporation: |
1958 |
|
||||
|
Type of company: |
Wholesale and retail trade; repair of motor vehicles |
|
||||
|
Legal form: |
limited liability company since 1958-04-28 |
|
||||
|
companies' house number: |
FN 105743 f St. Pölten 1958-05-06 |
|
||||
|
Activities: |
|
|
||||
|
VAT number: |
ATU 36871104 |
|
||||
|
number - Austrian National Bank: |
30660 |
|
||||
|
|
|
|||||
|
|
||||||
|
Export |
Country |
|
|
|
||
|
Export |
world-wide |
|
2013 |
|
||
|
total turnover (total sales) |
2012 |
EUR 188.700.000,00 |
(approx.) |
|
total turnover (total sales) |
2011 |
EUR 188.671.732,30 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 170.031.005,59 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 170.467.000,00 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR 173.146.089,39 |
(exact) |
|
total employees |
2013 |
550 |
(average) |
|
total stock |
2013 |
EUR 10.000.000,00 |
(average) |
|
firm (style): |
|
28 Doka GmbH |
|
legal form: |
|
1 Gesellschaft mit
beschränkter Haftung |
|
registered
office: |
|
1 politischer Gemeinde
Amstetten |
|
business adress: |
|
27 Josef-Umdasch-Platz 1 |
|
capital: |
|
1 ATS 7.000.000 |
|
reference date
annual accounts: |
|
1 31. Dezember |
|
annual accounts: |
|
45 zum 31.12.2011
eingereicht am 22.08.2012 |
|
power of
representation: |
|
1 Die Generalversammlung
bestimmt, wenn mehrere Geschäfts- |
|
proxy: |
|
K Ing. Leopold Hochpöchler,
geb. 06.11.1960 |
|
managing
director: |
|
O Dipl.Ing. Rainer Spitzer,
geb. 16.02.1961 |
|
shareholder: |
|
E UMDASCH AG |
|
general table: |
|
Landesgericht St. Pölten |
|
Real estate
text: |
|
No real estate property registered |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the
companies' house) |
|
Dipl.-Ing.(FH) Gregor Gaisböck |
1965-10-07 |
3300 Amstetten (NÖ) Josef-Umdasch-Platz 1 |
manager |
1 |
|
Ing. Josef Kurzmann |
1963-07-11 |
4360 Grein Panlussweg 12 |
manager |
4 |
|
Dipl-Ing. Rainer Spitzer |
1961-02-16 |
1230 Wien Schillerpromenade 7 |
manager |
0 |
|
Ing.Mag. Johann Strunz |
1965-09-07 |
4020 Linz Ziehrerstraße 18 |
manager |
0 |
|
Ing. Gerold Heinrich |
1957-08-09 |
91126 Schwabach Am Holzgarten 11 |
joint signing clerk |
0 |
|
Ing. Franz Hochholzer |
1967-07-07 |
3363 Neufurth Krokeschwalddtraße 12 |
joint signing clerk |
1 |
|
Ing. Leopold Hochpöchler |
1960-11-06 |
3340 Waidhofen Ybbs Bertastraße 34 |
joint signing clerk |
1 |
|
Dkfm. Gerd Pechura |
1958-10-13 |
88085 Langenargen Wiesenweg 14 |
joint signing clerk |
6 |
|
Werner Pfleger |
1969-04-26 |
3311 Zeillern Friedhofstraße 445 |
joint signing clerk |
0 |
|
Dipl-Ing. Peter Reisinger |
1963-09-14 |
3300 Amstetten Elsa Brandströmstraße 20 |
joint signing clerk |
0 |
|
Kurt Steindl |
1971-12-01 |
4391 Waldhausen im Strudengau Schlossberg 84 |
joint signing clerk |
0 |
|
Dr. Hartmut Weller |
1953-01-25 |
3300 Amstetten Leopoldine Pelzlstraße 3 |
joint signing clerk |
0 |
|
Dipl-Ing. Alfred Wolfschwenger |
1969-12-27 |
4491 Niederneukirchen Mitterberg 6 |
joint signing clerk |
0 |
|
Adolf Bösch |
|
3300 Amstetten Reichsstraße 23 (c/o) |
head of marketing |
0 |
|
Josef Hochstöger |
|
3300 Amstetten Josef Umdaschplatz 1 (c/o)(c/o) |
head of EDP |
0 |
|
Kurt König |
|
3300 Amstetten Reichsstraße 23 (c/o) |
head of personnel |
0 |
all amounts in
EUR
|
|
2011-12-31 |
|
Land and leasehold rights with buildings thereon including building on
land owned by third parties |
326.308,00 |
|
Other operating and business equipment |
426.269,00 |
|
Technical plants and machines |
43.249,00 |
|
Sum tangible assets |
795.826,00 |
|
Shares on related firms |
183.116.237,00 |
|
Sum financial assets |
183.116.237,00 |
|
Sum fixed assets |
183.912.063,00 |
|
Special account stock |
1.563.290,19 |
|
Finished products |
3.954.478,00 |
|
Sum stock |
5.517.768,19 |
|
Claims from delivered goods and performed services |
27.938.467,27 |
|
Claims against related firmes Claims against companies with
shareholding relationship |
25.356.323,00 |
|
Other claims and assets |
232.419,76 |
|
Sum claims |
53.527.210,03 |
|
Securities and shares |
714.089,00 |
|
Sum securities and shares |
714.089,00 |
|
Cash on hand, cheques and bank deposits |
6.483.966,68 |
|
Sum cash and bank |
6.483.966,68 |
|
Sum current assets |
66.243.033,90 |
|
Deferred charges |
1.387.787,76 |
|
Sum deferred charges |
1.387.787,76 |
|
Assets |
251.542.884,66 |
|
Subscribed/declared capital |
508.709,84 |
|
Not committed capital reserves |
26.400.000,00 |
|
Legal reserves |
50.870,98 |
|
Free reserves |
30.000.000,00 |
|
Balance sheet profit/balance sheet loss |
20.587.646,52 |
|
Thereof profit/loss carried forward |
17.759.322,05 |
|
Sum equity capital |
77.547.227,34 |
|
Other reserves before taxes |
158.049,68 |
|
Sum reserves before taxes |
158.049,68 |
|
Reservesfor severance pays |
4.415.000,00 |
|
Other reserves |
7.080.000,00 |
|
Sum reserves |
11.495.000,00 |
|
Liabilities against credit institutes |
37.016.961,09 |
|
Received advanced payments for orders |
357.696,58 |
|
Liabilities from delivered goods and performed services from the
acceptance of drafts and emission of promissory notes |
629.916,70 |
|
Liabilities against related firms |
122.391.769,34 |
|
Other liabilities |
1.946.263,93 |
|
Sum liabilities |
162.342.607,64 |
|
Liabilities |
251.542.884,66 |
|
Contingent liabilities |
3.003.939,81 |
|
Balance sheet sum |
251.542.884,66 |
all amounts in
EUR
|
|
2011-12-31 |
|
Gross sales |
188.671.732,30 |
|
Sum turnover or sum gross profit |
188.671.732,30 |
|
Profits from retirement of fixed assets, except financial assets |
40.704,43 |
|
Income from dissolution of reserves |
1.937.481,43 |
|
Other operating profits |
20.489.237,54 |
|
Other operating profits totally |
22.467.423,40 |
|
Costs for obtained services |
-22.778.538,98 |
|
Special account material costs |
-108.708.579,77 |
|
Costs for obtained services totally |
-131.487.118,75 |
|
Wages |
-4.564.646,98 |
|
Salaries |
-22.286.430,27 |
|
Costs for severance pays |
-1.240.691,65 |
|
Costs for old age pension |
-35.325,24 |
|
Legal fringe benefits and other payments depending on salaries |
-6.390.707,94 |
|
Other social fringe benefits |
-263.802,26 |
|
Personnel expenses totally |
-34.781.604,34 |
|
Depreciation of intangible assets, tangible assets,activated expenses
for the set up and expansion of business operation |
-2.722.824,97 |
|
Depreciation tangible assets / intangible assets totally |
-2.722.824,97 |
|
Different operating costs |
-34.959.289,64 |
|
Other taxes |
-123.288,40 |
|
Other operating costs totally |
-35.082.578,04 |
|
Operating result totally |
7.065.029,60 |
|
Profits from shareholdings |
10.541.490,61 |
|
Interest income, securties income and similar income |
611.666,98 |
|
Profits from the retirement of and investment in financial
assets |
2.266.000,00 |
|
Interest and similar disbursements |
-1.456.243,74 |
|
Financial expenses |
-14.447.080,00 |
|
Financial profits totally |
-2.484.166,15 |
|
Results from usual business activity
totally |
4.580.863,45 |
|
Taxes on income and profits |
-1.752.538,98 |
|
Taxes on income and profits totally |
-1.752.538,98 |
|
Annual surplus/annual deficit totally |
2.828.324,47 |
|
Annual profit/annual loss totally |
2.828.324,47 |
|
Profit and loss carried forward from previous year |
17.759.322,05 |
|
Transfer of profits totally |
17.759.322,05 |
|
B/S profit/ B/S loss from profit and loss
account |
20.587.646,52 |
|
|
2011 |
|
Cash flow II |
5.551.149,44 |
|
Debt amortisation period |
29,95 |
|
Bank indebtedness |
14,71 |
|
Equity capital share |
30,93 |
|
Social capital share |
1,75 |
|
Fixed assets coverage |
44,65 |
|
Net profit ratio |
2,42 |
|
Capital turnover |
0,75 |
|
Return on investment |
2,40 |
|
Cash flow in % of operating performance |
2,94 |
|
Cash flow I |
7.303.688,42 |
|
Gross productivity |
5,42 |
|
Net productivity |
1,64 |
|
Operating performance |
188.671.732,30 |
|
Inventories in % of operating performance |
2,92 |
|
Gross profit |
57.184.613,55 |
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Josef Umdaschplatz 1 (umbenannt v Reichsstr.23), A-3300
Amstetten |
registered headquarters, rented premises |
|
|
|
oest.doka@doka.com |
|
operational |
Primoschgasse 18, A-9020 Klagenfurt |
branch office |
|
|
|
|
|
operational |
Plainfelderstraße 17, A-5303 Thalgau |
branch office |
|
|
|
|
|
operational |
Schießstand 7, A-6401 Inzing |
branch office |
|
|
|
|
|
operational |
Zimbagasse 3, A-1140 Wien |
branch office |
|
|
|
|
|
operational |
Josef Umdaschplatz 1, A-3300 Amstetten |
registered office, rented premises |
|
|
|
|
|
operational |
Mühlfelderweg 24, A-8055 Graz Puntigam |
branch office |
|
|
|
|
|
operational |
Ritzstraße 10, A-4614 Marchtrenk |
branch office, rented premises |
|
|
|
|
|
operational |
Ennsbach 110, A-3372 Blindenmarkt, Werk St. Martin
"Mietservice" |
factory |
|
|
|
|
|
former |
Reichsstraße 23, A-3300 Amstetten |
registered office |
|
|
|
|
|
former |
Reichsstraße 23, A-3300 Amstetten |
registered headquarters |
|
|
|
|
|
former |
Primoschgasse 18, A-9541 Äussere Einöde |
branch office |
|
|
|
|
|
former |
Enzersberg 159, A-5303 Thalgau |
branch office |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
number |
Companies House |
|
Shares in this company are held by: |
||||
|
UMDASCH AG |
Josef Umdaschplatz 1, A-3300 Amstetten |
100 % 1994-06-30 |
70.587 |
FN 101743 y |
|
|
||||
|
This company holds 100% of the shares in: |
||||
|
Doka Österreich GmbH |
Josef Umdaschplatz 1, A-3300 Amstetten |
100 % 2008-07-02 |
1.621.577 |
FN 312874 i |
|
DOKA Beteiligungs-GmbH |
Josef Umdaschplatz 1, A-3300 Amstetten |
100 % 2011-05-26 |
7.047.319 |
FN 363552 k |
|
FORM-ON GmbH |
Josef Umdaschplatz 1, A-3300 Amstetten |
100 % 2012-07-24 |
7.137.464 |
FN 383219 h |
|
|
||||
|
Affiliated companies and further
participations: |
||||
|
Umdasch Beteiligungsgesellschaft mbH |
Reichsstraße 23, A-3300 Amstetten |
|
436.132 |
FN 101605 w |
|
Mitropex Beteiligungs GmbH |
Reichsstraße 23, A-3300 Amstetten |
|
913.467 |
FN 163847 b |
|
Alpex Beteiligungs GmbH |
Reichsstraße 23, A-3300 Amstetten |
|
1.025.982 |
FN 178759 g |
|
Umdasch Shopfitting GmbH |
Josef Umdaschplatz 1, A-3300 Amstetten |
|
334.629 |
FN 99376 t |
|
Doka Industrie GmbH |
Josef Umdaschplatz 1, A-3300 Amstetten |
|
515.052 |
FN 104172 w |
|
Assmann Ladenbau Leibnitz Gesellschaft m.b.H. |
Ottokar Kernstockgasse 16, A-8430 Leibnitz |
|
547.999 |
FN 35797 v |
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
UniCredit Bank Austria AG, 1011 Wien |
12000 |
main bank connection |
|
Oberbank AG, 3300 Amstetten |
15000 |
main bank connection |
|
Erste Bank der oesterreichischen Sparkassen AG, 1011 Wien |
20111 |
secondary banking connection |
|
Raiffeisen Bank International AG, 1011 Wien |
31000 |
secondary banking connection |
|
Year of incorporation: |
1958 |
|
Date of registration: |
1958-05-06 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2008-06-27 |
Österreichische DOKA Schalungstechnik Gesellschaft m.b.H. |
|
2008-06-27 |
|
Doka GmbH |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
2002-01-17 |
manager |
Werner Haring |
|
|
2007-02-20 |
manager |
Dipl-Ing. Ernst Pürrer |
|
1998-01-17 |
2009-12-03 |
manager |
Franz Prinz |
|
|
1998-01-17 |
joint signing clerk |
Franz Prinz |
|
1999-01-19 |
2001-04-05 |
joint signing clerk |
Ing.Mag. Alois Ströbitzer |
|
2006-01-03 |
2007-02-20 |
joint signing clerk |
Dipl-Ing. Rainer Spitzer |
|
2007-02-20 |
2008-07-09 |
joint signing clerk |
Ing.Mag. Johann Strunz |
|
2003-07-09 |
2010-07-16 |
joint signing clerk |
Ing.Mag. Alois Ströbitzer |
|
1988-05-30 |
2011-05-04 |
joint signing clerk |
Mag. Alois Wischenbart |
|
2001-04-05 |
2012-01-04 |
joint signing clerk |
Ing. Gerhard Maderthaner |
|
2008-07-09 |
2012-01-14 |
joint signing clerk |
Dr. Hartmut Weller |
|
Rating classes |
Explanation Rating classes (CompanyScore,
BasicScore and StartupScore) |
PD (CompanyScore, BasicScore and StartupScore) |
Explanation PD (CompanyScore, BasicScore and
StartupScore) |
|
000 |
currently no evaluation possible |
- |
probability of default not calculable |
|
100-199 |
no risk |
0,01%-0,03% |
default is unlikely |
|
200-299 |
very low risk |
0,03%-0,20% |
very low probability of default |
|
300-399 |
low risk |
0,20%-1,27% |
average probability of default |
|
400-499 |
above normal risk |
1,30%-7,81% |
probability of default above average |
|
500-599 |
high risk |
7,95%-35,80% |
high probability of default |
|
600-699 |
very high risk |
36,23% or higher |
very high probability of default |
|
700 |
insolvent company |
|
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.65 |
|
|
1 |
Rs.82.66 |
|
Euro |
1 |
Rs.71.21 |
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.