MIRA INFORM REPORT

 

 

Report Date :

07.08.2014

 

IDENTIFICATION DETAILS

 

Name :

ALICONA IMAGING GMBH

 

 

Registered Office :

Dr. Aunerstraße  21a, A-8074 Raaba

 

 

Country :

Austria

 

 

Financials (as on) :

31.03.2013

 

 

Date of Incorporation :

02.04.2001

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

·         Manufacture of instruments and appliances for measuring, testing and navigation

·         Computer programming activities

 

 

No. of Employees

70

 

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 – June 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

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 and address

 

Last up-date:

2014-08-06

Company name:

ALICONA IMAGING GMBH

Status:

active company

Locations:

Dr. Aunerstraße  21a, A-8074 Raaba

Phone:

0043 (316) 4000 - 700

Fax:

0043 (316) 4000 - 711

E-mail:

info@alicona.com

Internet:

http://www.alicona.com

Activities:

Önace 26510 40% Manufacture of instruments and appliances for measuring, testing and navigation

 

Önace 62010 30% Computer programming activities

 

Önace 28290 30% Manufacture of other general-purpose machinery n.e.c.

 

General Assessment:

Model: CompanyScore

Probability of Default (Basel II):

0,19%

Very low risk

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 satisfactory.

 

 

Additional company information

 

Year of incorporation:

2001

 

Activities:

 

 

Type of company:

Manufacturing

 

Legal form:

limited liability company since 2001-04-02

 

companies' house number:

FN 208097 a Graz 2001-05-08

 

VAT number:

ATU 51673005

 

number - Austrian National Bank:

5079829

 

 

 

 

Import 

Country 

 

 

 

Import

Germany

 

2014

 

Import

USA

 

2014

 

 

 

Export 

Country 

 

 

 

Export

world-wide

 

2014

 

 


Financial data

 

total turnover (total sales)

2013

EUR  6.600.000,00

(estimated)

total turnover (total sales)

2012

EUR  6.600.000,00

(estimated)

total turnover (total sales)

2011

EUR  6.600.000,00

(approx.)

total turnover (total sales)

2010

EUR  6.597.143,57

(exact)

total turnover (total sales)

2009

EUR  3.962.000,00

(approx.)

total employees

2014

70

(approx.)

total investments

2012

EUR  366.054,62

(exact)

total company vehicles

2014

3

(approx.)

cars

2014

3

(approx.)

 

 

Extraxt from the Companies' House:

firm (style):

    1      Alicona Imaging GmbH

legal form:

    1      Gesellschaft mit beschränkter Haftung

registered office:

   13      politischer Gemeinde Raaba

business adress:

   13      Dr.-Auner-Straße 21a
           8074 Raaba

capital:

    1      EUR 35.000

reference date annual accounts:

    1      31. März

annual accounts:

   15      zum 31.03.2013 eingereicht am 16.12.2013

power of representation:

    1      Die Vertretungsbefugnis der Geschäftsführer wird
           mit Beschluss der Gesellschafter geregelt.
    1   Gesellschaftsvertrag  vom 02.04.2001                                001
   13   Generalversammlungsbeschluss  vom 01.06.2012                        002
          Änderung des Gesellschaftsvertrages im Punkt Zweitens
          Streichung der Punkte Achtzehntens und Zwanzigstens und
          fortlaufende Nummerierung der folgenden Punkte

managing director:

         B   Dr. Stefan Scherer, geb. 06.06.1969
    1        vertritt seit 08.05.2001 selbständig
         C   Dr. Manfred Prantl, geb. 06.12.1967
    1        vertritt seit 08.05.2001 selbständig

shareholder:

         A   M & R Holding AG
    1        .....................    EUR 17.150
    1        ................................................    EUR 17.150
         B   Dr. Stefan Scherer, geb. 06.06.1969
    1        ......................    EUR 8.925
    1        .................................................    EUR 8.925
         C   Dr. Manfred Prantl, geb. 06.12.1967
    1        ......................    EUR 8.925
    1        .................................................    EUR 8.925
                          ------------------------------------------------------
                   Summen:            EUR 35.000                 EUR 35.000

general table:

 Landesgericht für ZRS Graz
   1 eingetragen am 08.05.2001                  Geschäftsfall  27 Fr  4162/01 f
       Antrag auf Neueintragung einer Firma  eingelangt am 09.04.2001
  13 eingetragen am 15.06.2012                  Geschäftsfall  51 Fr  3805/12 d
       Antrag auf Änderung  eingelangt am 06.06.2012
  15 eingetragen am 17.12.2013                  Geschäftsfall  51 Fr  6053/13 v
       Elektronische Einreichung Jahresabschluss  eingelangt am 16.12.2013

 

 

Real estate

 

Real estate KSV text:

No real estate property registered

 

 

Private data

 

 

Surname

 

 

Date of birth

 

 

Address

 

 

Executive positions

 

Further executive positions (as registered in the companies' house)

Dr.  Manfred Prantl

 

1967-12-06 

 

8010 Graz Elisabethinergasse 20a

manager,

partner,

technical director

 

0

 

Dr.  Stefan Scherer

1969-06-06 

8010 Graz Rossmanngasse

manager,

partner,

technical director

0

Mag. (FH) Dipl-Ing.  Rudolf Stokan

1971-12-09 

 

8713 St. Stefan Leoben Obere Dorfsrtaße 2a

head of accounting

 

1

 

Petra Potocnik

 

  

 

8074 Grambach Teslastraße 8(c/o)

head of purchasing

 

0

 

Mag.  Astrid Krenn

 

  

 

8074 Grambach Teslastraße 8(c/o)

head of marketing

 

0

 

 

 

Balance Sheet 

 

(absolute) all amounts in EUR 

 

2013-03-31 

Intangible assets

73.325,81

Sum intangible assets

73.325,81

Tangible assets

396.688,76

Sum tangible assets

396.688,76

Financial assets

74.084,12

Sum financial assets

74.084,12

Sum fixed assets

544.098,69

Stocks

2.747.298,99

Sum stock

2.747.298,99

Claims and other assets

4.142.611,50

Sum claims

4.142.611,50

Cash on hand, cheques and bank deposits

51.675,82

Sum cash and bank

51.675,82

Sum current assets

6.941.586,31

Deferred charges

73.184,96

Sum deferred charges

73.184,96

Assets

7.558.869,96

Subscribed/declared capital

35.000,00

Capital reserves

200.868,50

Balance sheet profit/balance sheet loss

1.917.520,99

Thereof profit/loss carried forward

1.359.565,00

Sum equity capital

2.153.389,49

Valuation reserves and other reserves before taxes

60.312,75

Sum reserves before taxes

60.312,75

Reserves

791.007,94

Sum reserves

791.007,94

Liabilities

4.445.103,70

Sum liabilities

4.445.103,70

Deferred income

109.056,08

Sum deferred income

109.056,08

Liabilities

7.558.869,96

Balance sheet sum

7.558.869,96

 

Key ratios

 

 

2013  

Equity capital share

  29,28

Fixed assets coverage

  406,85

 

 

Locations

 

Type

Locations

Description

 

 

E-mail 

operational 

Dr. Aunerstraße  21a, A-8074 Raaba

registered office 

 

 

 

operational 

Dr. Aunerstraße  21a, A-8074 Raaba

registered headquarters 

 

 

info@alicona.com

former 

Teslastraße  8, A-8074 Grambach

registered office 

 

 

 

former 

Parkring  2, A-8074 Grambach

registered office 

 

 

 

former 

Teslastraße  8, A-8074 Grambach

registered headquarters 

 

 

 

former 

Parkring  2, A-8074 Grambach

registered headquarters 

 

 

 

 

 

related companies

 

Company name

 

Postal code

 

Stake in %

 

 

Companies House

 

Shares in this company are held by:

M & R Holding AG

 

Teslastraße  8, A-8074 Grambach

49 % 2001-05-08

 

 

FN 190097 f

 

Dr. Stefan Scherer

 

Rossmanngasse  , A-8010 Graz

25.5 % 2001-05-08

 

 

 

Dr. Manfred Prantl

 

Elisabethinergasse  20a, A-8010 Graz

25.5 % 2001-05-08

 

 

 

 

Affiliated companies and further participations:

M & R Automation GmbH

 

Teslastraße  8, A-8074 Grambach

 

 

 

FN 46917 x

 

AutomationX GmbH

 

Teslastraße  8, A-8074 Grambach

 

 

 

FN 190475 k

 

M & R Industrial Solutions GmbH

Teslastraße  8, A-8074 Grambach

 

 

 

FN 347956 a

 

Bankers

 

 

 

 

Banker

Bank sort code

Type of banking connection

BKS Bank AG, 8010 Graz

 

17000

 

main bank connection

 

Steiermärkische Bank und Sparkassen Aktienges., 8330 Feldbach

 

20809

 

secondary banking connection

 

 

 

 

 

Historical development

 

Year of incorporation:

2001

Date of registration:

2001-05-08

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.34

UK Pound

1

Rs.103.44

Euro

1

Rs.81.96

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

NIS

 

               

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.