|
Report Date : |
10.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
STAPPERT FLEISCHMANN GMBH |
|
|
|
|
Registered Office : |
Gewerbepark B17/I/1, A-2524 Teesdorf |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
1947 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of metal ores, ferrous metals in primary forms and
semi-finished ferrous metal products |
|
|
|
|
No. of Employees : |
65 |
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: |
STAPPERT FLEISCHMANN GMBH |
|
Status: |
active company |
|
Locations: |
Gewerbepark B17/I/1, A-2524 Teesdorf |
|
Phone: |
0043 (2253) 90313 |
|
Fax: |
0043 (2253) 90313 - 600 |
|
E-mail: |
fleischmann@stappert.biz |
|
Internet: |
http://www.stappert.biz/fleischmann/ |
|
Activities: |
Önace 46721 100% Wholesale of metal ores, ferrous metals in primary
forms and semi-finished ferrous metal products |
|
|
|
|
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: |
Merchandise is mainly imported. Domestic obligations are settled
within net agreements. |
|
|
Financial situation is satisfactory. |
|
Year of incorporation: |
1947 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Wholesale and retail trade; repair of motor vehicles |
|
||||
|
Legal form: |
Limited Liability Company since 1986-08-29 |
|
||||
|
companies' house number: |
FN 113004 h Wiener Neustadt 1986-09-11 |
|
||||
|
Trade names: |
FLS |
|
||||
|
Trade names: |
Spezialstahl-Handel |
|
||||
|
ARA-number: |
5489 |
|
||||
|
VAT number: |
ATU 17548900 |
|
||||
|
number - Austrian National Bank: |
312312 |
|
||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
Germany |
|
2013 |
|
||
|
Import |
Hungary |
|
2013 |
|
||
|
Import |
Italy |
|
2013 |
|
||
|
Import |
Switzerland |
|
2013 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
European Union |
|
2013 |
|
|
total turnover (total sales) |
2012 |
EUR 38.949.986,05 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 42.179.731,82 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 35.716.005,65 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 26.866.049,00 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR 41.729.549,74 |
(exact) |
|
total employees |
2013 |
65 |
(approx.) |
|
white collar workers |
2013 |
40 |
(approx.) |
|
blue collar workers |
2013 |
20 |
(approx.) |
|
total stock |
2013 |
EUR 5.000.000,00 |
(average) |
|
total investments |
2012 |
EUR 90.024,70 |
(exact) |
|
total company vehicles |
2013 |
13 |
(approx.) |
|
cars |
2013 |
10 |
(approx.) |
|
lorries more than 3.5t |
2013 |
3 |
(approx.) |
|
firm (style): |
|
27 STAPPERT Fleischmann
GmbH |
|
legal form: |
|
1 Gesellschaft mit
beschränkter Haftung |
|
registered
office: |
|
15 politischer Gemeinde
Teesdorf |
|
business adress: |
|
15 Gewerbepark B
17/I/Objekt 1 |
|
capital: |
|
1 ATS 1.500.000 |
|
reference date
annual accounts: |
|
1 31. Dezember |
|
annual accounts: |
|
29 zum 31.12.2012
eingereicht am 24.09.2013 |
|
power of
representation: |
|
1 Jeder Geschäftsführer vertritt
selbständig. |
|
proxy: |
|
D Willibald Schwarz, geb.
06.08.1956 |
|
managing
director: |
|
E Ing. Edgar Hartelmüller,
geb. 18.02.1963 |
|
shareholder: |
|
C Stappert Deutschland GmbH |
|
general table: |
|
Landesgericht Wiener Neustadt |
|
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) |
|
Ing. Harald Ebenberger |
1960-12-25 |
3100 St. Pölten Josefstraße 97 |
manager, head of personnel |
0 |
|
Ing. Edgar Hartelmüller |
1963-02-18 |
2344 Maria Enzersdorf Dobrastraße 18 |
manager |
0 |
|
Dipl.Oec. Peter Kolz |
1963-04-24 |
40885 Ratingen Schumannsdieken 35 |
manager |
0 |
|
Peter Hausensteiner |
1958-03-28 |
2560 Berndorf Ludwigstraße 30 |
joint signing clerk, head of purchasing |
0 |
|
Willibald Schwarz |
1956-08-06 |
2551 Enzesfeld Lindabrunn Föhrenhang 2 |
joint signing clerk, head of sales |
0 |
|
Maria Wöber |
|
2524 Teesdorf Gewerbepark B 17 c/o(c/o) |
head of accounting |
0 |
|
Gabriele Korinek |
|
2514 Traiskirchen Friedrich Ganglbergerstraße 1-3(c/o) |
head of marketing |
0 |
(absolute) all amounts in EUR
|
|
2012-12-31 |
|
|
|
|
|
Franchises, patents, licences, trademarks and similar rights and
advantages |
732,00 |
|
|
|
|
|
Sum intangible assets |
732,00 |
|
|
|
|
|
|
|||||
|
Land and leasehold rights with buildings thereon including building on
land owned by third parties |
53.834,00 |
|
|
|
|
|
Other operating and business equipment |
142.149,00 |
|
|
|
|
|
Sum tangible assets |
195.983,00 |
|
|
|
|
|
|
|||||
|
Shares on related firms |
280.121,58 |
|
|
|
|
|
Other financial assets, values and securities of fixed assets |
287.358,90 |
|
|
|
|
|
Sum financial assets |
567.480,48 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
764.195,48 |
|
|
|
|
|
|
|||||
|
Finished products |
5.666.316,43 |
|
|
|
|
|
Sum stock |
5.666.316,43 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
1.695.800,62 |
|
|
|
|
|
Claims against related firmes Claims against companies with
shareholding relationship |
6.738.500,47 |
|
|
|
|
|
Other claims and assets |
97.242,58 |
|
|
|
|
|
Sum claims |
8.531.543,67 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
663.253,32 |
|
|
|
|
|
Sum cash and bank |
663.253,32 |
|
|
|
|
|
|
|||||
|
Sum current assets |
14.861.113,42 |
|
|
|
|
|
|
|||||
|
Deferred charges |
9.900,41 |
|
|
|
|
|
Sum deferred charges |
9.900,41 |
|
|
|
|
|
Assets |
15.635.209,31 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
109.009,25 |
|
|
|
|
|
Not committed capital reserves |
345.425,85 |
|
|
|
|
|
Free reserves |
274.796,69 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
8.395.265,65 |
|
|
|
|
|
Thereof profit/loss carried forward |
7.642.093,50 |
|
|
|
|
|
Sum equity capital |
9.124.497,44 |
|
|
|
|
|
|
|||||
|
Reservesfor severance pays |
365.648,17 |
|
|
|
|
|
Reserves for pensions |
214.203,98 |
|
|
|
|
|
Tax reserves |
149.145,25 |
|
|
|
|
|
Other reserves |
553.392,99 |
|
|
|
|
|
Sum reserves |
1.282.390,39 |
|
|
|
|
|
|
|||||
|
Liabilities from delivered goods and performed services from the
acceptance of drafts and emission of promissory notes |
3.462.566,54 |
|
|
|
|
|
Liabilities against related firms |
861.702,46 |
|
|
|
|
|
Other liabilities |
904.052,48 |
|
|
|
|
|
Sum liabilities |
5.228.321,48 |
|
|
|
|
|
|
|||||
|
Liabilities |
15.635.209,31 |
|
|
|
|
|
|
|||||
|
Contingent liabilities |
5.813,83 |
|
|
|
|
|
Balance sheet sum |
15.635.209,31 |
|
|
|
|
(absolute) all amounts in
EUR
|
|
2012-12-31 |
|
|
|
|
|
Gross sales |
38.949.986,05 |
|
|
|
|
|
Sum turnover or sum gross profit |
38.949.986,05 |
|
|
|
|
|
|
|||||
|
Income from dissolution of reserves |
236.870,50 |
|
|
|
|
|
Other operating profits |
339.135,50 |
|
|
|
|
|
Other operating profits totally |
576.006,00 |
|
|
|
|
|
|
|||||
|
Special account material costs |
-32.559.249,58 |
|
|
|
|
|
Costs for obtained services totally |
-32.559.249,58 |
|
|
|
|
|
|
|||||
|
Wages |
-578.260,83 |
|
|
|
|
|
Salaries |
-1.913.159,72 |
|
|
|
|
|
Costs for severance pays |
-50.347,21 |
|
|
|
|
|
Costs for old age pension |
-40.476,40 |
|
|
|
|
|
Legal fringe benefits and other payments depending on salaries |
-676.828,90 |
|
|
|
|
|
Other social fringe benefits |
-117.222,58 |
|
|
|
|
|
Personnel expenses totally |
-3.376.295,64 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses
for the set up and expansion of business operation |
-70.880,42 |
|
|
|
|
|
Depreciation tangible assets / intangible assets totally |
-70.880,42 |
|
|
|
|
|
|
|||||
|
Different operating costs |
-2.549.974,00 |
|
|
|
|
|
Other taxes |
-1.318,76 |
|
|
|
|
|
Other operating costs totally |
-2.551.292,76 |
|
|
|
|
|
|
|||||
|
Operating result totally |
968.273,65 |
|
|
|
|
|
|
|||||
|
Income from other securities and loans of financial assets |
1.291,25 |
|
|
|
|
|
Interest income, securties income and similar income |
30.407,17 |
|
|
|
|
|
Profits from the retirement of and investment in financial
assets |
2.722,82 |
|
|
|
|
|
Disbursements from other financial assets and from securities of
current assets (e.g. depreciations) |
-219,12 |
|
|
|
|
|
Interest and similar disbursements |
-158,37 |
|
|
|
|
|
Financial profits totally |
34.043,75 |
|
|
|
|
|
|
|||||
|
Results from usual business activity totally |
1.002.317,40 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-249.145,25 |
|
|
|
|
|
Taxes on income and profits totally |
-249.145,25 |
|
|
|
|
|
Annual surplus/annual deficit totally |
753.172,15 |
|
|
|
|
|
|
|||||
|
Annual profit/annual loss totally |
753.172,15 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
7.642.093,50 |
|
|
|
|
|
Transfer of profits totally |
7.642.093,50 |
|
|
|
|
|
B/S profit/ B/S loss from profit and loss account |
8.395.265,65 |
|
|
|
|
|
|
2012 |
|
|
|
|
|
|
Cash flow II |
824.052,57 |
|
|
|
|
|
|
Debt amortisation period |
7,09 |
|
|
|
|
|
|
Bank indebtedness |
0,00 |
|
|
|
|
|
|
Equity capital share |
58,35 |
|
|
|
|
|
|
Social capital share |
3,70 |
|
|
|
|
|
|
Fixed assets coverage |
1.269,87 |
|
|
|
|
|
|
Net profit ratio |
2,57 |
|
|
|
|
|
|
Capital turnover |
2,49 |
|
|
|
|
|
|
Return on investment |
6,41 |
|
|
|
|
|
|
Cash flow in % of operating performance |
2,11 |
|
|
|
|
|
|
Cash flow I |
1.073.197,82 |
|
|
|
|
|
|
Gross productivity |
11,53 |
|
|
|
|
|
|
Net productivity |
1,89 |
|
|
|
|
|
|
Operating performance |
38.949.986,05 |
|
|
|
|
|
|
Inventories in % of operating performance |
14,54 |
|
|
|
|
|
|
Gross profit |
6.390.736,47 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Gewerbepark B17/I/1, A-2524 Teesdorf |
registered office |
|
|
|
|
|
operational |
Gewerbepark B17/I/1, A-2524 Teesdorf, seit 13.12.2004 |
registered headquarters, rented premises |
|
|
|
fleischmann@stappert.biz |
|
operational |
Traunuferstraße 257, A-4053 Haid Ansfelden |
branch office, rented premises |
|
|
|
|
|
former |
Ganglbergerstraße 1-3, A-2514 Traiskirchen |
registered office |
|
|
|
|
|
former |
Friedrich Ganglbergerstraße 1-3, A-2514 Traiskirchen |
registered headquarters |
|
|
|
|
|
former |
Klosterneuburger Straße 70, A-1200 Wien |
registered headquarters |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
KSV-number |
|
|
Shares in this company are held by: |
||||
|
Stappert Spezial Stahl Handel GmbH |
Willstätterstraße 15, D-40549 Düsseldorf |
100 % 1994-08-13 |
108.971 |
|
|
Banker |
Bank sort code |
Type of banking connection |
|
VOLKSBANK BADEN e.Gen., 2500 Baden |
42750 |
main bank connection |
|
BAWAG P.S.K. Bank für Arbeit und Wirtschaft, 1018 Wien |
60000 |
main bank connection |
|
SOCIETE GENERALE Zweigniederlassung Wien, 1040 Wien |
18150 |
secondary banking connection |
|
Year of incorporation: |
1947 |
|
Date of registration: |
1986-09-11 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2012-10-02 |
Fleischmann Gesellschaft m.b.H. |
|
2012-10-02 |
|
STAPPERT Fleischmann GmbH |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
2003-05-06 |
manager |
Dietfried Heinz |
|
|
2004-02-07 |
manager |
Rolf Dieter Jedamzik |
|
2004-02-07 |
2005-07-15 |
manager |
Bernd Maßmann |
|
2005-07-15 |
2007-06-15 |
manager |
Ulrich Neidert |
|
2003-05-06 |
2003-10-24 |
joint signing clerk |
Ing. Edgar Hartelmüller |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.92 |
|
|
1 |
Rs.99.45 |
|
Euro |
1 |
Rs.83.92 |
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.