|
Report Date : |
09.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
CONSTANTIA PATZ GES.M.B.H. |
|
|
|
|
Formerly Known As : |
K. HEYER GESELLSCHAFT M.B.H. |
|
|
|
|
Registered Office : |
Guntramserstraße 7, A-2620 Loipersbach |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
10.12.1979 |
|
|
|
|
Com. Reg. No.: |
182307 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
330 |
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: |
CONSTANTIA PATZ GES.M.B.H. |
|
Status: |
active company |
|
Locations: |
Guntramserstraße 7, A-2620 Loipersbach |
|
Phone: |
0043 (2635) 600 |
|
Fax: |
0043 (2635) 600 - 83 |
|
E-mail: |
office@constantia-patz.com |
|
Internet: |
http://www.constantia-patz.com |
|
Activities: |
Önace 24420 70% Aluminium production |
|
|
Önace 46499 30% Wholesale of other household goods n.e.c. |
|
|
|
|
General Assessment: |
Model: CompanyScore |
|
comparison: |
The Rating of this company is better than 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 within net agreements. |
|
|
Company is part of a group and therefore cannot be evaluated
separately. Financial situation in the group is in order. |
|
Year of incorporation: |
1979 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
Limited Liability Company since 1979-12-10 |
|
||||
|
companies' house number: |
FN 113826 t Wiener Neustadt 1979-12-17 |
|
||||
|
VAT number: |
ATU 19568509 |
|
||||
|
ARA-number: |
1612 |
|
||||
|
number - Austrian National Bank: |
17140 |
|
||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
Germany |
|
2013 |
|
||
|
Import |
Italy |
|
2013 |
|
||
|
Import |
Switzerland |
|
2013 |
|
||
|
Export |
Country |
|
|
|
|
Export |
USA |
|
2013 |
|
|
Export |
Eastern Europe |
|
2013 |
|
|
Export |
European Union |
|
2013 |
|
|
total turnover (total sales) |
2012 |
EUR 121.341.337,99 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 117.827.248,56 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 103.962.475,63 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 99.303.938,00 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR 100.190.144,76 |
(exact) |
|
total employees |
2013 |
330 |
(approx.) |
|
total company vehicles |
2013 |
10 |
(approx.) |
|
cars |
2013 |
8 |
(approx.) |
|
lorries up to 3.5t |
2013 |
1 |
(approx.) |
|
lorries more than 3.5t |
2013 |
1 |
(approx.) |
|
firm (style): |
|
31 Constantia Patz
Ges.m.b.H. |
|
legal form: |
|
1 Gesellschaft mit
beschränkter Haftung |
|
registered
office: |
|
36 politischer Gemeinde
Natschbach-Loipersbach |
|
business adress: |
|
25 Guntramserstraße 7 |
|
capital: |
|
19 EUR 2.000.000 |
|
reference date
annual accounts: |
|
12 31. Dezember |
|
annual accounts: |
|
46 zum 31.12.2012 eingereicht
am 20.08.2013 |
|
power of
representation: |
|
2 Die Gesellschaft wird,
wenn zwei oder mehrere Geschäfts- |
|
proxy: |
|
N Mag. Robert Edelsbacher, geb.
14.05.1973 |
|
managing
director: |
|
M Dr. Gerald Hummer, geb.
29.07.1958 |
|
shareholder: |
|
K Constantia Flexibles Sales
GmbH |
|
general table: |
|
Landesgericht Wiener Neustadt |
|
Registration number of real estate 493 Cadastral
register 23317 Loipersbach N Number and date of entry
1845/2009 Status of 2013-02-12 |
|
Part A - type of real estate : |
|
GST-NR G BA (NUTZUNG) FLäCHE GST-ADRESSE |
|
Part B -
ownership details : |
|
4 ANTEIL: 1/1 |
|
Part C - registered charges : |
|
1 a 2262/1975 |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the companies' house) |
|
Dipl-Ing. Rainer Huber |
1971-06-17 |
3100 St. Pölten Defreggerstraße 6b |
manager |
0 |
|
Dr. Gerald Hummer |
1958-07-29 |
2560 Berndorf Bachmannstraße 1 |
manager, head of sales, head of personnel |
0 |
|
Mag. Robert Edelsbacher |
1973-05-14 |
2500 Baden Roseggerstraße 11 |
joint signing clerk, head of accounting |
0 |
|
Margit Leitner |
|
2620 Natschbach Loipersbach Guntramserstraße 7(c/o) |
head of purchasing |
0 |
|
Manfred Pürzel |
|
2620 Natschbach Loipersbach Guntramserstraße 7(c/o) |
head of EDP |
0 |
|
Josef Heinfellner |
|
2620 Natschbach Loipersbach Guntramserstraße 7(c/o) |
technical director |
0 |
(absolute) all amounts in
EUR
|
|
2012-12-31 |
|
|
|
|
|
Patents and licenses |
336.555,82 |
|
|
|
|
|
Sum intangible assets |
336.555,82 |
|
|
|
|
|
|
|||||
|
Land with buildings (basic value) |
2.712.565,86 |
|
|
|
|
|
Land with buildings (building value) |
13.581.928,18 |
|
|
|
|
|
Motor vehicles |
192.966,77 |
|
|
|
|
|
Other operating and business equipment |
1.378.584,64 |
|
|
|
|
|
Technical plants and machines |
7.604.451,45 |
|
|
|
|
|
Advanced payments and constructions in progress |
3.201.126,86 |
|
|
|
|
|
Sum tangible assets |
28.671.623,76 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
29.008.179,58 |
|
|
|
|
|
|
|||||
|
Raw-, auxiliary materials and supplies |
1.480.400,00 |
|
|
|
|
|
Unfinished products |
6.227.900,00 |
|
|
|
|
|
Finished products |
2.128.900,00 |
|
|
|
|
|
Sum stock |
9.837.200,00 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
16.579.018,88 |
|
|
|
|
|
Claims against related firmes Claims against companies with
shareholding relationship |
6.331.529,97 |
|
|
|
|
|
Other claims and assets |
4.870.407,34 |
|
|
|
|
|
Sum claims |
27.780.956,19 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
33.054,48 |
|
|
|
|
|
Sum cash and bank |
33.054,48 |
|
|
|
|
|
|
|||||
|
Sum current assets |
37.651.210,67 |
|
|
|
|
|
|
|||||
|
Deferred charges |
1.042.865,58 |
|
|
|
|
|
Sum deferred charges |
1.042.865,58 |
|
|
|
|
|
Assets |
67.702.255,83 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
2.000.000,00 |
|
|
|
|
|
Not committed capital reserves |
4.343.765,58 |
|
|
|
|
|
Legal reserves |
200.000,00 |
|
|
|
|
|
Free reserves |
3.000.000,00 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
10.289.096,33 |
|
|
|
|
|
Thereof profit/loss carried forward |
460.735,98 |
|
|
|
|
|
Sum equity capital |
19.832.861,91 |
|
|
|
|
|
|
|||||
|
Other reserves before taxes |
36.611,72 |
|
|
|
|
|
Sum reserves before taxes |
36.611,72 |
|
|
|
|
|
|
|||||
|
Reservesfor severance pays |
6.827.429,60 |
|
|
|
|
|
Other reserves |
3.402.743,10 |
|
|
|
|
|
Sum reserves |
10.230.172,70 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
937.500,00 |
|
|
|
|
|
Liabilities from delivered goods and performed services from the
acceptance of drafts and emission of promissory notes |
5.091.300,38 |
|
|
|
|
|
Liabilities against related firms |
30.837.895,68 |
|
|
|
|
|
Other liabilities |
735.913,44 |
|
|
|
|
|
Sum liabilities |
37.602.609,50 |
|
|
|
|
|
|
|||||
|
Liabilities |
67.702.255,83 |
|
|
|
|
|
|
|||||
|
Contingent liabilities |
1.078.736,00 |
|
|
|
|
|
Balance sheet sum |
67.702.255,83 |
|
|
|
|
(absolute) all amounts in EUR
|
|
2012-12-31 |
|
|
|
|
|
Gross sales |
121.341.337,99 |
|
|
|
|
|
Increase or decrease in finished and unfinished goods and in service
claims |
-604.900,00 |
|
|
|
|
|
Sum turnover or sum gross profit |
120.736.437,99 |
|
|
|
|
|
|
|||||
|
Profits from retirement of fixed assets, except financial assets |
25.500,00 |
|
|
|
|
|
Income from dissolution of reserves |
203.000,00 |
|
|
|
|
|
Other operating profits |
680.409,67 |
|
|
|
|
|
Other operating profits totally |
908.909,67 |
|
|
|
|
|
|
|||||
|
Costs for obtained services |
-877.944,54 |
|
|
|
|
|
Special account material costs |
-70.921.961,79 |
|
|
|
|
|
Costs for obtained services totally |
-71.799.906,33 |
|
|
|
|
|
|
|||||
|
Wages |
-8.510.475,63 |
|
|
|
|
|
Salaries |
-6.353.759,57 |
|
|
|
|
|
Costs for severance pays |
-1.525.520,64 |
|
|
|
|
|
Legal fringe benefits and other payments depending on salaries |
-4.128.235,62 |
|
|
|
|
|
Other social fringe benefits |
-312.196,41 |
|
|
|
|
|
Personnel expenses totally |
-20.830.187,87 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses
for the set up and expansion of business operation |
-4.229.152,99 |
|
|
|
|
|
Depreciation tangible assets / intangible assets totally |
-4.229.152,99 |
|
|
|
|
|
|
|||||
|
Different operating costs |
-10.979.778,29 |
|
|
|
|
|
Other taxes |
-29.206,47 |
|
|
|
|
|
Other operating costs totally |
-11.008.984,76 |
|
|
|
|
|
|
|||||
|
Operating result totally |
13.777.115,71 |
|
|
|
|
|
|
|||||
|
Interest income, securties income and similar income |
36.335,52 |
|
|
|
|
|
Interest and similar disbursements |
-775.234,33 |
|
|
|
|
|
Financial profits totally |
-738.898,81 |
|
|
|
|
|
|
|||||
|
Results from usual business activity totally |
13.038.216,90 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-3.221.926,15 |
|
|
|
|
|
Taxes on income and profits totally |
-3.221.926,15 |
|
|
|
|
|
Annual surplus/annual deficit totally |
9.816.290,75 |
|
|
|
|
|
|
|||||
|
Dissolution reserves before taxes |
12.069,60 |
|
|
|
|
|
Reserves movements totally |
12.069,60 |
|
|
|
|
|
Annual profit/annual loss totally |
9.828.360,35 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
460.735,98 |
|
|
|
|
|
Transfer of profits totally |
460.735,98 |
|
|
|
|
|
B/S profit/ B/S loss from profit and loss account |
10.289.096,33 |
|
|
|
|
|
|
2012 |
|
|
|
|
|
|
Cash flow II |
14.045.443,74 |
|
|
|
|
|
|
Debt amortisation period |
3,40 |
|
|
|
|
|
|
Bank indebtedness |
1,38 |
|
|
|
|
|
|
Equity capital share |
29,34 |
|
|
|
|
|
|
Social capital share |
10,08 |
|
|
|
|
|
|
Fixed assets coverage |
92,03 |
|
|
|
|
|
|
Net profit ratio |
10,79 |
|
|
|
|
|
|
Capital turnover |
1,78 |
|
|
|
|
|
|
Return on investment |
20,40 |
|
|
|
|
|
|
Cash flow in % of operating performance |
11,63 |
|
|
|
|
|
|
Cash flow I |
17.267.369,89 |
|
|
|
|
|
|
Gross productivity |
5,79 |
|
|
|
|
|
|
Net productivity |
2,34 |
|
|
|
|
|
|
Operating performance |
120.736.437,99 |
|
|
|
|
|
|
Inventories in % of operating performance |
8,14 |
|
|
|
|
|
|
Gross profit |
48.936.531,66 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Guntramserstraße 7, A-2620 Loipersbach |
registered office |
|
|
|
|
|
operational |
Guntramserstraße 7, A-2620 Loipersbach |
registered headquarters, owned premises |
|
|
|
office@constantia-patz.com |
|
former |
- , A-2620 Natschbach Loipersbach |
registered office |
|
|
|
|
|
former |
Matznergasse 10-12, A-1140 Wien |
branch office |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
KSV-number |
Companies House |
|
Shares in this company are held by: |
||||
|
Constantia Teich GmbH |
Mühlhofen 4, A-3205 Weinburg |
99.95 % 2004-09-24 |
73.284 |
FN 92993 f |
|
Constantia Flexibles Sales GmbH |
Handelskai 92, A-1200 Wien |
0.05 % 2004-09-01 |
6.675 |
FN 94329 w |
|
Banker |
Bank sort code |
Type of banking connection |
|
UniCredit Bank Austria AG, 1011 Wien |
12000 |
main bank connection |
|
Raiffeisenbank Neunkirchen-Schwarzatal-Mitte, 2620 Neunkirchen |
32865 |
secondary banking connection |
|
Year of incorporation: |
1979 |
|
Date of registration: |
1979-12-17 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2006-11-30 |
K. Heyer Gesellschaft m.b.H. |
|
2006-11-30 |
|
Constantia Patz Ges.m.b.H. |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2002-01-30 |
ATS 25.000.000,00 |
|
2002-01-30 |
|
EUR 2.000.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
1998-01-08 |
manager |
Kurt Heyer |
|
|
1999-10-30 |
manager |
Peter Heyer |
|
1999-08-13 |
2000-04-12 |
manager |
Dipl-Ing.Mag.Dr. Wilhelm Hansi |
|
2000-04-12 |
2006-01-03 |
manager |
Dr. Heinz Christian Sauer |
|
2000-04-12 |
2007-05-04 |
manager |
Kurt Hornik |
|
2007-05-04 |
2011-08-03 |
manager |
DDr. Thomas Eck |
|
|
1999-06-24 |
individual signing clerk |
Liselotte Heyer |
|
|
2000-04-12 |
joint signing clerk |
Kurt Hornik |
|
1998-03-24 |
2004-11-23 |
joint signing clerk |
Wolfram Jonke |
|
2004-05-11 |
2007-05-04 |
joint signing clerk |
DDr. Thomas Eck |
|
|
2008-04-02 |
joint signing clerk |
Herbert Stremitzer |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
1994-08-23 |
2004-09-01 |
partner |
Heyer Beteiligungsgesellschaft m.b.H. |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
2000-07-25 |
2008-10-04 |
Aluminium Recycling GmbH |
|
Mergers: |
||
|
Date |
Function |
Name |
|
2004-11-16 |
merged with |
Heyer Beteiligungsgesellschaft m.b.H. |
|
2002-11-29 |
merged with |
Louis Patz & Comp. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.69 |
|
|
1 |
Rs.99.20 |
|
Euro |
1 |
Rs.83.69 |
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.