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Report Date : |
04.10.2013 |
IDENTIFICATION DETAILS
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Name : |
LINSINGER MASCHINENBAU GESELLSCHAFT M.B.H. |
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Registered Office : |
Dr. Linsingerstraße 23-24, A-4662 Steyrermühl |
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Country : |
Austria |
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Date of Incorporation : |
1986 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacture of metal forming machinery |
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No. of Employees : |
240 |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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
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Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
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Austria |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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.
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Source
: CIA |
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Company name: |
LINSINGER MASCHINENBAU GESELLSCHAFT M.B.H. |
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Status: |
active company |
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Locations: |
Dr. Linsingerstraße 23-24, A-4662 Steyrermühl |
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Phone: |
0043 (7613) 8840 |
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Fax: |
0043 (7613) 8840 - 38 |
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E-mail: |
maschinenbau@linsinger.com |
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Internet: |
https://linsinger.com |
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Activities: |
Önace 28410 90% Manufacture of metal forming machinery |
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Önace 46690 10% Wholesale of other machinery and equipment |
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General Assessment: |
Model: Company Score |
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Probability of Default (Basel II): |
0,06% Very low risk |
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comparison: |
The Rating of this company is better than industry average. |
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Recommendation: |
In respect to solvency reasons, there is nothing to say against an
establishment of a business relationship. |
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Detail Assessment: |
Payments are sometimes made using cash discounts or according to
conditions. |
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Financial situation is good. |
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Year of incorporation: |
1986 |
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Activities: |
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Type of company: |
Manufacturing |
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Legal form: |
Limited Liability Company since 2012-08-01 |
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companies' house number: |
FN 383993 x Wels 2012-08-14 |
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VAT number: |
ATU 67365068 |
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number - Austrian National Bank: |
16000684 |
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Import |
Country |
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Import |
European Union |
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2013 |
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Export |
Country |
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Export |
world-wide |
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2013 |
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total turnover (total sales) |
2012 |
EUR 91.000.000,00 |
(estimated) |
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total employees |
2013 |
240 |
(approx.) |
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firm (style): |
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2 Linsinger Maschinenbau |
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legal form: |
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1 Gesellschaft mit
beschränkter Haftung |
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registered
office: |
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1 4662 Steyrermühl,
politische Gemeinde Laakirchen |
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business adress: |
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1 Dr. Linsinger Straße
23-24 |
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capital: |
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1 EUR 500.000 |
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reference date
annual accounts: |
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1 letzter Tag im Februar |
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power of
representation: |
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1 Die Gesellschaft wird,
wenn mehrere Geschäftsführer |
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proxy: |
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C Ing. Johann Knoll, geb.
12.10.1960 |
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managing
director: |
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A Ing. Friedrich Weingärtner, geb.
16.02.1956 |
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shareholder: |
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D MATE GmbH |
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general table: |
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Landesgericht Wels |
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Real estate KSV text: |
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No real estate property registered |
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Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the companies' house) |
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Ing. Friedrich Weingärtner |
1956-02-16 |
4656 Kirchham Traunsteinblick 7 |
manager |
7 |
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Andreas Weingärtner |
1960-04-24 |
4656 Kirchham Traunsteinblick 9 |
manager |
7 |
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Ing. Johann Knoll |
1960-10-12 |
4861 Schörfling Attersee Erdl 5 b |
individual signing clerk, head of sales, head of personnel |
2 |
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Robert Hoffmann |
|
4662 Steyrermühl Dr. Linsingerstraße 24(c/o) |
head of purchasing |
0 |
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Type |
Locations |
Description |
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E-mail |
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operational |
Dr. Linsingerstraße 23-24, A-4662 Steyrermühl |
registered office |
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operational |
Dr. Linsingerstraße 23-24, A-4662 Steyrermühl |
registered headquarters |
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maschinenbau@linsinger.com |
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operational |
Rathausstraße 33, D-97922 Lauda Königshofen, (Büro) |
branch office, rented premises |
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Company name |
Postal code |
Stake in % |
KSV-number |
Companies House |
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Shares in this company are held by: |
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MATE GmbH |
Kirchham 29, A-4656 Kirchham |
100 % 2012-08-14 |
55.080 |
FN 107313 p |
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Affiliated companies and further participations: |
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Weingärtner Maschinenbau GmbH |
Nr. 29, A-4656 Kirchham |
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7.062.627 |
FN 367537 x |
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BVG-Beteiligung- und Verwaltungs GmbH |
Traunsteinblick 7, A-4656 Kirchham bei Vorchdorf |
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7.078.554 |
FN 370594 t |
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AWG Beteiligungs GmbH |
Traunsteinblick 9, A-4656 Kirchham |
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7.097.641 |
FN 374824 m |
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LINMAG GmbH |
Dr. Linsingerstraße 23-24, A-4662 Steyrermühl |
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7.139.337 |
FN 383994 y |
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Banker |
Bank sort code |
Type of banking connection |
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UniCredit Bank Austria AG, 4601 Wels |
12000 |
main bank connection |
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Oberbank AG, 4010 Linz |
15000 |
main bank connection |
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Raiffeisenlandesbank Oberösterreich, 4021 Linz |
34000 |
main bank connection |
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Year of incorporation: |
1986 |
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Date of registration: |
2012-08-14 |
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Change of company name: |
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From |
To |
Company name |
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2012-11-15 |
Linover GmbH |
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2012-11-15 |
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Linsinger Maschinenbau Gesellschaft m.b.H. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.93 |
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|
1 |
Rs.100.44 |
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Euro |
1 |
Rs.84.23 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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---- |
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.