|
Report Date : |
05.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
NEXT GENERATION RECYCLINGMASCHINEN GMBH |
|
|
|
|
Registered Office : |
Gewerbepark 22, A-4101 Feldkirchen Donau |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
30.04.2014 |
|
|
|
|
Date of Incorporation : |
10.10.1996 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacturer of plastics
and Rubber Machinery |
|
|
|
|
No of Employees : |
103 (2014) |
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 |
|
Last up-date: |
2014-12-03 |
|
Company name: |
Next Generation Recyclingmaschinen
GmbH |
|
Status: |
active company |
|
Locations: |
Gewerbepark 22, A-4101 Feldkirchen Donau |
|
Phone: |
0043 (7233) 70107 |
|
Fax: |
0043 (7233) 70107 - 2 |
|
E-mail: |
|
|
Internet: |
|
|
Activities: |
Önace 28960 100% Manufacture of plastics and rubber
machinery |
|
|
|
|
General Assessment: |
|
|
Probability of Default (Basel II): |
|
|
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 according to conditions within agreed
terms, using cash discounts. |
|
|
Company's solvency is average. Earnings potential is
positive. Position is regarded to be positive. |
|
Year of incorporation: |
1996 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
limited liability company since 1996-08-09 |
|
||||
|
companies' house number: |
FN 148795 t Linz 1996-10-10 |
|
||||
|
Trade names: |
NGR |
|
||||
|
VAT number: |
ATU 41547509 |
|
||||
|
number - Austrian National Bank: |
3410722 |
|
||||
|
|
|
|||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
Eastern Europe |
|
2014 |
|
||
|
Import |
European Union |
|
2014 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
world-wide |
|
2014 |
|
|
total turnover (total sales) |
2013 |
EUR 34.107.132,09 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR 27.966.826,07 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 23.984.654,45 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 19.192.315,00 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 11.672.327,99 |
(exact) |
|
total employees |
2014 |
103 |
(exact) |
|
total stock |
2014 |
EUR 5.000.000,00 |
(approx.) |
|
total claims |
2014 |
EUR 4.200.000,00 |
(approx. suppliers) |
|
total liabilities |
2014 |
EUR 1.700.000,00 |
(approx. suppliers) |
|
total investments |
2013 |
EUR 3.036.920,00 |
(exact) |
|
total company vehicles |
2014 |
12 |
(exact) |
|
cars |
2014 |
12 |
(exact) |
|
firm
(style): |
|
1
Next Generation Recyclingmaschinen |
|
legal
form: |
|
1
Gesellschaft mit beschränkter Haftung |
|
registered
office: |
|
22
politischer Gemeinde Feldkirchen an der Donau |
|
business
adress: |
|
22
Gewerbepark 22 |
|
capital: |
|
17
EUR 72.750 |
|
reference
date annual accounts: |
|
20
30. April |
|
annual
accounts: |
|
34
zum 30.04.2014 eingereicht am 14.08.2014 |
|
power
of representation: |
|
24
Die Gesellschaft wird, wenn mehrere Geschäftsführer |
|
proxy: |
|
C
Ing. Gerold Barth, geb. 17.01.1967 |
|
managing
director: |
|
H
Josef Hochreiter MBA, geb. 15.12.1959 |
|
shareholder: |
|
C
Ing. Gerold Barth, geb. 17.01.1967 |
|
general
table: |
|
Landesgericht Linz |
|
Real
estate text: |
|
No real estate property registered |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as
registered in the companies' house) |
|
MBA. Josef Hochreiter |
1959-12-15 |
4240 Waldburg Nr. 81 |
manager, head of sales, head of personnel |
5 |
|
Ing. Gerold Barth |
1967-01-17 |
4073 Wilhering Ziegelofenweg 13 |
partner, joint signing clerk, head of purchasing |
4 |
|
Thomas Pichler |
1968-08-02 |
4170 Haslach Mühl Flachsfeld 11 |
partner, joint signing clerk |
3 |
|
Walter Schmedler |
1955-07-18 |
4850 Timelkam Wimberg 19 |
partner, joint signing clerk |
0 |
|
Thomas Fölser |
1972-01-11 |
4240 Freistadt (OÖ) Schmiedgasse 23a |
joint signing clerk |
1 |
(absolute) all amounts in
EUR
|
|
2014-04-30 |
|
|
|
|
|
Franchises, patents, licences, trademarks and similar
rights and advantages |
273.280,38 |
|
|
|
|
|
Sum intangible assets |
273.280,38 |
|
|
|
|
|
|
|||||
|
Land and leasehold rights with buildings thereon including
building on land owned by third parties |
74.764,01 |
|
|
|
|
|
Other operating and business equipment |
227.829,42 |
|
|
|
|
|
Technical plants and machines |
673.533,50 |
|
|
|
|
|
Sum tangible assets |
976.126,93 |
|
|
|
|
|
|
|||||
|
Shares on related firms |
2.246.983,96 |
|
|
|
|
|
Sum financial assets |
2.246.983,96 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
3.496.391,27 |
|
|
|
|
|
|
|||||
|
Raw-, auxiliary materials and supplies |
3.036.892,99 |
|
|
|
|
|
Unfinished products |
1.342.315,92 |
|
|
|
|
|
Finished products |
1.456.321,16 |
|
|
|
|
|
Advanced payments |
119.565,96 |
|
|
|
|
|
Received advanced payments for orders |
-723.458,56 |
|
|
|
|
|
Sum stock |
5.231.637,47 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
4.231.566,60 |
|
|
|
|
|
Claims against related firmes Claims against companies
with shareholding relationship |
1.350.724,34 |
|
|
|
|
|
Other claims and assets |
455.148,62 |
|
|
|
|
|
Sum claims |
6.037.439,56 |
|
|
|
|
|
|
|||||
|
Other securities |
445.725,00 |
|
|
|
|
|
Sum securities and shares |
445.725,00 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
1.670.740,75 |
|
|
|
|
|
Sum cash and bank |
1.670.740,75 |
|
|
|
|
|
|
|||||
|
Sum current assets |
13.385.542,78 |
|
|
|
|
|
|
|||||
|
Deferred charges |
267.073,36 |
|
|
|
|
|
Sum deferred charges |
267.073,36 |
|
|
|
|
|
Assets |
17.149.007,41 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
72.750,00 |
|
|
|
|
|
Not committed capital reserves |
150.000,00 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
3.649.240,30 |
|
|
|
|
|
Thereof profit/loss carried forward |
2.074.005,88 |
|
|
|
|
|
Shares of silent partner |
1.666.490,58 |
|
|
|
|
|
Sum equity capital |
5.538.480,88 |
|
|
|
|
|
|
|||||
|
Other reserves before taxes |
3.804,92 |
|
|
|
|
|
Sum reserves before taxes |
3.804,92 |
|
|
|
|
|
|
|||||
|
Reserves for severance pays |
118.021,42 |
|
|
|
|
|
Tax reserves |
639.789,00 |
|
|
|
|
|
Other reserves |
1.138.829,12 |
|
|
|
|
|
Sum reserves |
1.896.639,54 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
4.825.000,00 |
|
|
|
|
|
Received advanced payments for orders |
1.161.935,96 |
|
|
|
|
|
Liabilities from delivered goods and performed services |
1.718.061,49 |
|
|
|
|
|
Other liabilities |
1.881.735,90 |
|
|
|
|
|
Sum liabilities |
9.586.733,35 |
|
|
|
|
|
|
|||||
|
Deferred income |
123.348,72 |
|
|
|
|
|
Sum deferred income |
123.348,72 |
|
|
|
|
|
Liabilities |
17.149.007,41 |
|
|
|
|
|
|
|||||
|
Balance sheet sum |
17.149.007,41 |
|
|
|
|
(absolute) all
amounts in EUR
|
|
2014-04-30 |
|
|
|
|
|
Gross sales |
34.107.132,09 |
|
|
|
|
|
Increase or decrease in finished and unfinished goods and
in service claims |
470.391,13 |
|
|
|
|
|
Other manufacturing costs capitalized |
465.469,49 |
|
|
|
|
|
Total turnover or gross profit |
35.042.992,71 |
|
|
|
|
|
|
|||||
|
Other operating profits |
667.022,45 |
|
|
|
|
|
Other operating profits totally |
667.022,45 |
|
|
|
|
|
|
|||||
|
Costs for obtained services |
-639.484,78 |
|
|
|
|
|
Material costs |
-16.834.032,95 |
|
|
|
|
|
Costs for obtained services totally |
-17.473.517,73 |
|
|
|
|
|
|
|||||
|
Wages |
-1.116.692,83 |
|
|
|
|
|
Salaries |
-4.499.287,83 |
|
|
|
|
|
Costs for severance pays |
-211.795,04 |
|
|
|
|
|
Legal fringe benefits and other payments depending on
salaries |
-1.429.291,48 |
|
|
|
|
|
Other social fringe benefits |
-68.806,72 |
|
|
|
|
|
Personnel expenses totally |
-7.325.873,90 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible
assets,activated expenses for the set up and expansion of business
operation |
-778.568,60 |
|
|
|
|
|
Depreciation tangible assets / intangible assets
totally |
-778.568,60 |
|
|
|
|
|
|
|||||
|
Other operating costs |
-7.839.241,86 |
|
|
|
|
|
Other taxes |
-16.206,44 |
|
|
|
|
|
Total costs |
-7.855.448,30 |
|
|
|
|
|
|
|||||
|
Operating result totally |
2.276.606,63 |
|
|
|
|
|
|
|||||
|
Interest income, securties income and similar income |
181.839,51 |
|
|
|
|
|
Interest and similar disbursements |
-139.183,83 |
|
|
|
|
|
Financial profits totally |
42.655,68 |
|
|
|
|
|
|
|||||
|
Results from usual business activity totally |
2.319.262,31 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-524.298,89 |
|
|
|
|
|
Taxes on income and profits totally |
-524.298,89 |
|
|
|
|
|
Annual surplus/annual deficit
totally |
1.794.963,42 |
|
|
|
|
|
|
|||||
|
Dissolution reserves before taxes |
2.771,00 |
|
|
|
|
|
Reserves movements totally |
2.771,00 |
|
|
|
|
|
Annual profit/annual loss
totally |
1.797.734,42 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
2.074.005,88 |
|
|
|
|
|
Transfer of profit/overcounting of losses from ontract of
profit transfer |
-222.500,00 |
|
|
|
|
|
Transfer of profits totally |
1.851.505,88 |
|
|
|
|
|
B/S profit/ B/S loss from profit and
loss account |
3.649.240,30 |
|
|
|
|
|
|
2014 |
|
|
|
|
|
|
Cash flow II |
2.573.532,02 |
|
|
|
|
|
|
Debt amortisation period |
3,18 |
|
|
|
|
|
|
Bank indebtedness |
28,13 |
|
|
|
|
|
|
Equity capital share |
34,66 |
|
|
|
|
|
|
Social capital share |
0,68 |
|
|
|
|
|
|
Fixed assets coverage |
161,88 |
|
|
|
|
|
|
Net profit ratio |
6,61 |
|
|
|
|
|
|
Capital turnover |
2,04 |
|
|
|
|
|
|
Return on investment |
14,33 |
|
|
|
|
|
|
Cash flow in % of operating performance |
7,34 |
|
|
|
|
|
|
Cash flow I |
3.097.830,91 |
|
|
|
|
|
|
Gross productivity |
4,78 |
|
|
|
|
|
|
Net productivity |
2,39 |
|
|
|
|
|
|
Operating performance |
35.042.992,71 |
|
|
|
|
|
|
Inventories in % of operating performance |
14,92 |
|
|
|
|
|
|
Gross profit |
17.569.474,98 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Gewerbepark 22, A-4101 Feldkirchen Donau |
registered office |
|
|
|
|
|
operational |
Gewerbepark 22, A-4101 Feldkirchen Donau, (seit
12.11.2007) |
registered headquarters, rented premises |
|
|
|
info@ngr.at |
|
former |
Hovalstraße 11, A-4614 Marchtrenk |
registered headquarters |
|
|
|
|
|
former |
Fallerstraße 7, A-4073 Wilhering |
registered headquarters |
|
|
|
|
|
former |
Fallerstr. 7, A-4073 Wilhering |
registered office |
|
|
|
|
|
former |
Hovalstraße 11, A-4614 Marchtrenk |
registered office |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
Companies House |
|
|
Shares in this company are
held by: |
||||
|
Stracom Consulting & Management Gesellschaft m.b.H. |
Nr. 81, A-4240 Waldburg |
52 % 2005-06-24 |
|
FN 194115 p |
|
Ing. Gerold Barth |
Ziegelofenweg 13, A-4073 Wilhering |
24 % 1996-10-10 |
|
|
|
Walter Schmedler |
Wimberg 19, A-4850 Timelkam |
12 % 2002-04-25 |
|
|
|
Thomas Pichler |
Flachsfeld 11, A-4170 Haslach Mühl |
12 % 2002-04-25 |
|
|
|
|
||||
|
Affiliated companies and
further participations: |
||||
|
Next Generation Holding GmbH |
Gewerbepark 22, A-4101 Feldkirchen Donau |
|
FN 410056 z |
|
|
Banker |
Bank sort code |
Type of banking connection |
|
Allgemeine Sparkasse Oberösterreich Bankaktienges., 4041
Linz |
20320 |
main bank connection |
|
Year of incorporation: |
1996 |
|
Date of registration: |
1996-10-10 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2002-09-24 |
Next Generation Recyclingmaschinen GmbH |
|
2002-09-24 |
2003-10-01 |
Next Generation Recyclingmaschinen GmbH |
|
2003-10-01 |
|
Next Generation Recyclingmaschinen GmbH |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2005-07-05 |
ATS 1.000.000,00 |
|
2005-07-05 |
|
EUR 72.750,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
1998-09-11 |
2010-11-26 |
joint signing clerk |
Dipl-Ing. Günter Kroiß |
|
1996-10-10 |
1998-09-11 |
manager |
Dipl-Ing. Günter Kroiß |
|
1996-10-10 |
2001-05-18 |
manager |
Ing. Markus Franz Fellinger |
|
1998-09-11 |
2008-12-30 |
manager |
Ing. Gerold Barth |
|
2002-05-07 |
2008-12-30 |
manager |
Walter Schmedler |
|
1997-10-24 |
1998-09-11 |
joint signing clerk |
Ing. Gerold Barth |
|
1997-10-24 |
2005-07-05 |
joint signing clerk |
Ing. Manfred Dobersberger |
|
2005-07-05 |
2008-12-30 |
joint signing clerk |
MBA. Josef Hochreiter |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
1996-10-10 |
2002-04-25 |
partner |
Ing. Markus Franz Fellinger |
|
1996-10-10 |
2005-06-24 |
partner |
Ing. Manfred Dobersberger |
|
1996-10-10 |
2010-10-15 |
partner |
Dipl-Ing. Günter Kroiß |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.88 |
|
UK Pound |
1 |
Rs.97.02 |
|
Euro |
1 |
Rs.76.13 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
MNL |
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.