|
Report Date : |
03.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
MOSDORFER GMBH |
|
|
|
|
Registered Office : |
Mosdorfergasse 1, A-8160 Weiz |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
30.06.2012 |
|
|
|
|
Date of Incorporation : |
22.12.1978 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of construction materials and sanitary equipment |
|
|
|
|
No. of Employees : |
140 |
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 |
|
Company name: |
MOSDORFER GMBH |
|
Status: |
active company |
|
Locations: |
Mosdorfergasse 1, A-8160 Weiz |
|
Phone: |
0043 (3172) 2505 |
|
Fax: |
0043 (3172) 2505 - 29 |
|
E-mail: |
office@mosdorfer.com |
|
Internet: |
http://www.mosdorfer.com |
|
Activities: |
Önace 46732 40% Wholesale of construction materials and sanitary
equipment |
|
|
Önace 28140 40% Manufacture of other taps and valves |
|
|
Önace 25610 20% Treatment and coating of metals |
|
|
|
|
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 made according to conditions. There are no negative
experiences at this time. |
|
|
Financial situation is average. |
|
Year of incorporation: |
1978 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
limited liability company since 1978-12-22 |
|
||||
|
companies' house number: |
FN 65861 f Graz 1978-12-29 |
|
||||
|
Trade names: |
Elektrotechnik |
|
||||
|
ARA-number: |
5661 |
|
||||
|
VAT number: |
ATU 30573705 |
|
||||
|
number - Austrian National Bank: |
32590 |
|
||||
|
|
|
|||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
China |
|
2013 |
|
||
|
Import |
Germany |
|
2013 |
|
||
|
Import |
Slovak Republic |
|
2013 |
|
||
|
Import |
Slovenia |
|
2013 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
world-wide |
|
2013 |
|
|
total turnover (total sales) |
2012 |
EUR 35.000.000,00 |
(estimated) |
|
total turnover (total sales) |
2011 |
EUR 34.117.817,56 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 41.824.996,95 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 33.646.929,82 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR 35.556.502,63 |
(exact) |
|
total employees |
2013 |
140 |
(average) |
|
total investments |
2011 |
EUR 2.166.720,43 |
(exact) |
|
total company vehicles |
2013 |
4 |
(exact) |
|
cars |
2013 |
4 |
(exact) |
|
firm (style): |
|
25 Mosdorfer GmbH |
|
legal form: |
|
1 Gesellschaft mit
beschränkter Haftung |
|
registered
office: |
|
1 politischer Gemeinde Weiz |
|
business adress: |
|
2 Mosdorferg. 1 |
|
capital: |
|
18 EUR 500.000 |
|
reference date
annual accounts: |
|
1 30. Juni |
|
annual accounts: |
|
34 zum 30.06.2012
eingereicht am 04.03.2013 |
|
power of
representation: |
|
8 Die Gesellschaft wird,
wenn mehrere Geschäftsführer |
|
proxy: |
|
N Ing Erich Kaltmann, geb.
08.09.1969 |
|
managing
director: |
|
H Mag Christian Knill, geb.
24.01.1970 |
|
shareholder: |
|
E ETK Elektrotechnik |
|
general table: |
|
Landesgericht für ZRS Graz |
Real estate:
|
Registration number of real estate 1437 Cadastral
register 68266 Weiz ST Number and date of entry
20977/2012 Status of 2013-09-25 |
|
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 : |
|
1 a 8230/1890 |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the companies' house) |
|
Mag.Dr. Guntram Haas |
1967-07-29 |
8042 Graz St. Peter Janneckweg 10 |
manager |
0 |
|
Mag. Christian Knill |
1970-01-24 |
8160 Weiz Eisengasse 24 |
manager |
9 |
|
Ing. Erich Kaltmann |
1969-09-08 |
8045 Graz Andritz Weizbach 40 f |
joint signing clerk |
0 |
(absolute) all amounts in
EUR
|
|
2012-06-30 |
|
|
|
|
|
Franchises, patents, licences, trademarks and similar rights and
advantages |
663.195,85 |
|
|
|
|
|
Sum intangible assets |
663.195,85 |
|
|
|
|
|
|
|||||
|
Land and leasehold rights with buildings thereon including building on
land owned by third parties |
4.102.353,55 |
|
|
|
|
|
Other operating and business equipment |
1.215.059,55 |
|
|
|
|
|
Technical plants and machines |
1.398.219,54 |
|
|
|
|
|
Advanced payments and constructions in progress |
235.813,76 |
|
|
|
|
|
Sum tangible assets |
6.951.446,40 |
|
|
|
|
|
|
|||||
|
Shares on related firms |
1.137.843,88 |
|
|
|
|
|
Other shareholdings |
6.803,08 |
|
|
|
|
|
Loans to related firms |
1.871.791,22 |
|
|
|
|
|
Special account financial assets |
1.358.693,30 |
|
|
|
|
|
Sum financial assets |
4.375.131,48 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
11.989.773,73 |
|
|
|
|
|
|
|||||
|
Raw-, auxiliary materials and supplies |
2.258.528,74 |
|
|
|
|
|
Unfinished products |
2.080.351,41 |
|
|
|
|
|
Finished products |
2.830.878,76 |
|
|
|
|
|
Sum stock |
7.169.758,91 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
7.532.948,06 |
|
|
|
|
|
Claims against related firmes Claims against companies with
shareholding relationship |
1.155.400,23 |
|
|
|
|
|
Special account claims |
653.359,58 |
|
|
|
|
|
Sum claims |
9.341.707,87 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
47.898,67 |
|
|
|
|
|
Sum cash and bank |
47.898,67 |
|
|
|
|
|
|
|||||
|
Sum current assets |
16.559.365,45 |
|
|
|
|
|
|
|||||
|
Deferred charges |
386.936,32 |
|
|
|
|
|
Sum deferred charges |
386.936,32 |
|
|
|
|
|
Assets |
28.936.075,50 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
500.000,00 |
|
|
|
|
|
Capital reserves |
914.771,50 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
6.017.975,51 |
|
|
|
|
|
Thereof profit/loss carried forward |
6.498.478,29 |
|
|
|
|
|
Sum equity capital |
7.432.747,01 |
|
|
|
|
|
|
|||||
|
Valuation reserves and other reserves before taxes |
94.216,11 |
|
|
|
|
|
Sum reserves before taxes |
94.216,11 |
|
|
|
|
|
|
|||||
|
Reservesfor severance pays |
1.386.637,00 |
|
|
|
|
|
Reserves for pensions |
3.783.151,00 |
|
|
|
|
|
Other reserves |
1.414.996,94 |
|
|
|
|
|
Sum reserves |
6.584.784,94 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
4.132.890,20 |
|
|
|
|
|
Received advanced payments for orders |
552.827,19 |
|
|
|
|
|
Liabilities from delivered goods and performed services from the acceptance
of drafts and emission of promissory notes |
6.467.659,16 |
|
|
|
|
|
Liabilities against related firms |
2.280.644,62 |
|
|
|
|
|
Other liabilities |
1.390.306,27 |
|
|
|
|
|
Sum liabilities |
14.824.327,44 |
|
|
|
|
|
|
|||||
|
Liabilities |
28.936.075,50 |
|
|
|
|
|
|
|||||
|
Balance sheet sum |
28.936.075,50 |
|
|
|
|
(absolute) all amounts in
EUR
|
|
2012-06-30 |
|
|
|
|
|
Gross sales |
34.117.817,56 |
|
|
|
|
|
Increase or decrease in finished and unfinished goods and in service
claims |
703.634,25 |
|
|
|
|
|
Other manufacturing costs capitalized |
6.725,00 |
|
|
|
|
|
Sum turnover or sum gross profit |
34.828.176,81 |
|
|
|
|
|
|
|||||
|
Profits from retirement of fixed assets, except financial assets |
81.659,55 |
|
|
|
|
|
Income from dissolution of reserves |
115.740,99 |
|
|
|
|
|
Other operating profits |
1.905.282,27 |
|
|
|
|
|
Other operating profits totally |
2.102.682,81 |
|
|
|
|
|
|
|||||
|
Costs for obtained services |
-5.033.127,45 |
|
|
|
|
|
Special account material costs |
-16.795.503,61 |
|
|
|
|
|
Costs for obtained services totally |
-21.828.631,06 |
|
|
|
|
|
|
|||||
|
Wages |
-2.353.576,17 |
|
|
|
|
|
Salaries |
-3.166.709,91 |
|
|
|
|
|
Costs for severance pays |
-422.104,33 |
|
|
|
|
|
Costs for old age pension |
-489.679,62 |
|
|
|
|
|
Legal fringe benefits and other payments depending on salaries |
-1.552.859,01 |
|
|
|
|
|
Other social fringe benefits |
-117.781,28 |
|
|
|
|
|
Personnel expenses totally |
-8.102.710,32 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses
for the set up and expansion of business operation |
-1.050.074,30 |
|
|
|
|
|
Depreciation tangible assets / intangible assets totally |
-1.050.074,30 |
|
|
|
|
|
|
|||||
|
Different operating costs |
-6.191.934,67 |
|
|
|
|
|
Other taxes |
-22.973,76 |
|
|
|
|
|
Other operating costs totally |
-6.214.908,43 |
|
|
|
|
|
|
|||||
|
Operating result totally |
-265.464,49 |
|
|
|
|
|
|
|||||
|
Income from other securities and loans of financial assets |
42.087,91 |
|
|
|
|
|
Interest income, securties income and similar income |
72.547,76 |
|
|
|
|
|
Disbursements from other financial assets and from securities of current
assets (e.g. depreciations) |
-181.177,02 |
|
|
|
|
|
Interest and similar disbursements |
-147.674,94 |
|
|
|
|
|
Financial profits totally |
-214.216,29 |
|
|
|
|
|
|
|||||
|
Results from usual business activity totally |
-479.680,78 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-1.750,00 |
|
|
|
|
|
Taxes on income and profits totally |
-1.750,00 |
|
|
|
|
|
Annual surplus/annual deficit totally |
-481.430,78 |
|
|
|
|
|
|
|||||
|
Dissolution reserves before taxes |
928,00 |
|
|
|
|
|
Reserves movements totally |
928,00 |
|
|
|
|
|
Annual profit/annual loss totally |
-480.502,78 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
6.498.478,29 |
|
|
|
|
|
Transfer of profits totally |
6.498.478,29 |
|
|
|
|
|
B/S profit/ B/S loss from profit and loss account |
6.017.975,51 |
|
|
|
|
Key ratios
|
|
2012 |
|
|
|
|
|
|
Cash flow II |
568.643,52 |
|
|
|
|
|
|
Debt amortisation period |
36,59 |
|
|
|
|
|
|
Bank indebtedness |
14,28 |
|
|
|
|
|
|
Equity capital share |
26,51 |
|
|
|
|
|
|
Social capital share |
17,86 |
|
|
|
|
|
|
Fixed assets coverage |
105,89 |
|
|
|
|
|
|
Net profit ratio |
-1,37 |
|
|
|
|
|
|
Capital turnover |
1,20 |
|
|
|
|
|
|
Return on investment |
-1,14 |
|
|
|
|
|
|
Cash flow in % of operating performance |
1,63 |
|
|
|
|
|
|
Cash flow I |
570.393,52 |
|
|
|
|
|
|
Gross productivity |
4,29 |
|
|
|
|
|
|
Net productivity |
1,60 |
|
|
|
|
|
|
Operating performance |
34.828.176,81 |
|
|
|
|
|
|
Inventories in % of operating performance |
20,58 |
|
|
|
|
|
|
Gross profit |
12.999.545,75 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Mosdorferg. 1, A-8160 Weiz |
registered office |
|
|
|
|
|
operational |
Mosdorfergasse 1, A-8160 Weiz |
registered headquarters, owned property |
|
|
|
office@mosdorfer.com |
|
former |
Postfach 86, A-8160 Weiz |
postbox |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
KSV-number |
Companies House |
|
Shares in this company are held by: |
||||
|
ETK Elektrotechnik Holding Knill GmbH |
Eisengasse 25, A-8160 Weiz |
100 % 1993-12-04 |
85.179 |
FN 65602 z |
|
|
||||
|
Affiliated companies and further participations: |
||||
|
Knill Energy Holding GmbH |
Eisengasse 25, A-8160 Weiz |
|
1.024.274 |
FN 178019 v |
|
Lorünser Austria GmbH |
Bahnhofstraße 9, A-6824 Schlins |
|
87.691 |
FN 66094 y |
|
ELSTA-Mosdorfer Gesellschaft m.b.H. |
Bahnstraße 29, A-8430 Kaindorf Sulm |
|
276.234 |
FN 66609 f |
|
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
|
BAWAG P.S.K. Bank für Arbeit und Wirtschaft, 8010 Graz |
60100 |
main bank connection |
|
|
Volksbank für den Bezirk Weiz, 8160 Weiz |
42320 |
secondary banking connection |
|
|
|
|
||
|
Year of incorporation: |
1978 |
|
Date of registration: |
1978-12-29 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2004-01-17 |
Mosdorfer Gesellschaft m.b.H. |
|
2004-01-17 |
2006-06-07 |
ML Logistik- & Produktions GmbH |
|
2006-06-07 |
|
Mosdorfer GmbH |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2003-03-31 |
ATS 9.100.000,00 |
|
2003-03-31 |
2004-01-17 |
EUR 750.000,00 |
|
2004-01-17 |
|
EUR 500.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
2001-05-10 |
individual signing clerk |
Dipl-Ing. Karl Schöngrundner |
|
1994-11-22 |
2005-11-29 |
joint signing clerk |
Dipl-Ing. Karl Schöngrundner |
|
2005-11-29 |
2013-07-30 |
joint signing clerk |
Dipl-Ing. Martin Kubat |
|
|
2000-04-11 |
individual signing clerk |
Dieter Hartmann |
|
|
1999-04-27 |
manager |
Gunther Knill |
|
|
1999-04-27 |
manager |
Dipl-Ing. Wilfried Vejda |
|
2004-01-17 |
2004-12-10 |
manager |
Mag. Karl Martin Theobald |
|
1999-04-27 |
2005-05-20 |
manager |
Mag. Christian Knill |
|
2001-05-10 |
2005-05-20 |
manager |
Dipl-Ing. Wolfgang Tiwald |
|
2005-05-20 |
2011-07-15 |
manager |
Ing. Franz Leinholz |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
|
|
Lorünser Großhandel Gesellschaft m.b.H. & Co.KG. |
|
Mergers: |
||
|
Date |
Function |
Name |
|
2010-11-04 |
merged with |
Mosdorfer Verzinkerei Gesellschaft m.b.H. |
|
2006-06-08 |
merged with |
Mosdorfer GmbH |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.35 |
|
|
1 |
Rs.101.20 |
|
Euro |
1 |
Rs.84.54 |
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.