|
Report Date : |
04.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
SPGPRINTS AUSTRIA GMBH |
|
|
|
|
Registered Office : |
Kufsteiner Straße 4, A-6336 Langkampfen |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
1971 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of machinery for textile, apparel and leather production |
|
|
|
|
No. of Employees : |
102 |
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 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Austria |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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: |
2014-07-01 |
|
Company name: |
SPGPRINTS AUSTRIA GMBH |
|
Status: |
active company |
|
Locations: |
Kufsteinerstraße 4, A-6336 Langkampfen |
|
Phone: |
0043 (5372) 6993 |
|
Fax: |
0043 (5372) 6993 - 54 |
|
E-mail: |
austria@spgprints.com |
|
Internet: |
http://www.spgprints.com |
|
Activities: |
Önace 28940 100% Manufacture of machinery for textile, apparel and
leather production |
|
|
|
|
General Assessment: |
Model: CompanyScore |
|
Probability of Default (Basel II): |
0,08% Very low risk |
|
Recommendation: |
In respect to solvency reasons, there is nothing to say against an
establishment of a business relationship. |
|
|
|
|
Detail Assessment: |
Payment 200 Payments are sometimes made using cash discounts or according to
conditions. |
|
|
Assessment 300 Solvency has been average up to now. At this time there is no insight
of any importance. |
|
Year of incorporation: |
1971 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
limited liability company since 1993-12-10 |
|
||||
|
companies' house number: |
FN 38678 f Innsbruck 1971-05-03 |
|
||||
|
VAT number: |
ATU 32274801 |
|
||||
|
number - Austrian National Bank: |
187933 |
|
||||
|
|
|
|||||
|
|
||||||
|
Export |
Country |
|
|
|
||
|
Export |
world-wide |
|
2014 |
|
||
|
total turnover (total sales) |
2013 |
EUR 18.000.000,00 |
(approx.) |
|
total turnover (total sales) |
2012 |
EUR 18.000.000,00 |
(approx.) |
|
total turnover (total sales) |
2011 |
EUR 17.779.000,00 |
(approx.) |
|
total turnover (total sales) |
2010 |
EUR 15.537.000,00 |
(approx.) |
|
total turnover (total sales) |
2009 |
EUR 15.127.000,00 |
(approx.) |
|
total employees |
2014 |
102 |
(exact) |
|
white collar workers |
2014 |
87 |
(exact) |
|
blue collar workers |
2014 |
15 |
(exact) |
|
total investments |
2012 |
EUR 785.191,64 |
(exact) |
|
total company vehicles |
2014 |
10 |
(exact) |
|
firm (style): |
|
45 SPGPrints Austria GmbH |
|
legal form: |
|
27 Gesellschaft mit
beschränkter Haftung |
|
registered
office: |
|
5 politischer Gemeinde
Langkampfen |
|
business adress: |
|
23 Kufsteiner Straße 4 |
|
capital: |
|
18 EUR 73.000 |
|
reference date
annual accounts: |
|
11 31. Dezember |
|
annual accounts: |
|
44 zum 31.12.2012
eingereicht am 17.09.2013 |
|
power of
representation: |
|
27 Die Gesellschaft wird, wenn
mehrere Geschäftsführer |
|
proxy: |
|
W Ing. Dr. Richard Schuster, geb.
25.10.1970 |
|
managing
director: |
|
Y Arnoldus Bouwmeester, geb.
10.02.1976 |
|
shareholder: |
|
S STK Nederland B.V. |
|
general table: |
|
Landesgericht Innsbruck |
|
Registration number of real estate 1163 Cadastral register
83009 Langkampfen T Number and date of entry
23456/2012 Status of 2013-10-07 |
|
Part A - type of
real estate : |
|
GST-NR G BA (NUTZUNG) FLÄCHE GST-ADRESSE |
|
Part B -
ownership details : |
|
1 ANTEIL: 1/1 |
|
Part C - registered
charges : |
|
2 a 1901/1985 |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the
companies' house) |
|
Arnoldus Bouwmeester |
1976-02-10 |
5463CB Veghel Dr. Schaepmanlaan 2 |
manager |
1 |
|
Ing. Klaus Kruckenhauser |
1964-12-27 |
6336 Langkampfen Kufsteinerstraße 4(c/o) |
joint signing clerk |
0 |
|
Ing.Dr. Richard Schuster |
1970-10-25 |
6600 Reutte Schoberstadl 22 |
joint signing clerk |
0 |
|
|
2012-12-31 |
|
|
|
|
|
Intangible assets |
215.427,00 |
|
|
|
|
|
Sum intangible assets |
215.427,00 |
|
|
|
|
|
|
|||||
|
Land and leasehold rights with buildings thereon including building on
land owned by third parties |
2.563.940,71 |
|
|
|
|
|
Other operating and business equipment |
467.736,28 |
|
|
|
|
|
Technical plants and machines |
255.964,00 |
|
|
|
|
|
Advanced payments and constructions in progress |
6.050,00 |
|
|
|
|
|
Sum tangible assets |
3.293.690,99 |
|
|
|
|
|
|
|||||
|
Financial assets |
86.128,85 |
|
|
|
|
|
Sum financial assets |
86.128,85 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
3.595.246,84 |
|
|
|
|
|
|
|||||
|
Stocks |
2.221.016,61 |
|
|
|
|
|
Sum stock |
2.221.016,61 |
|
|
|
|
|
|
|||||
|
Claims against related firmes Claims against companies with
shareholding relationship |
8.785.519,51 |
|
|
|
|
|
Special account claims |
2.186.406,19 |
|
|
|
|
|
Sum claims |
10.971.925,70 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
912.164,54 |
|
|
|
|
|
Sum cash and bank |
912.164,54 |
|
|
|
|
|
|
|||||
|
Sum current assets |
14.105.106,85 |
|
|
|
|
|
|
|||||
|
Deferred charges |
38.976,02 |
|
|
|
|
|
Sum deferred charges |
38.976,02 |
|
|
|
|
|
Assets |
17.739.329,71 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
73.000,00 |
|
|
|
|
|
Capital reserves |
900.000,00 |
|
|
|
|
|
Profit reserves |
7.300,00 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
7.797.610,41 |
|
|
|
|
|
Thereof profit/loss carried forward |
5.790.804,01 |
|
|
|
|
|
Sum equity capital |
8.777.910,41 |
|
|
|
|
|
|
|||||
|
Reserves for severance pays |
1.498.000,00 |
|
|
|
|
|
Other reserves |
1.943.555,39 |
|
|
|
|
|
Sum reserves |
3.441.555,39 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
2.300.000,00 |
|
|
|
|
|
Liabilities against related firms |
127.083,23 |
|
|
|
|
|
Other liabilities |
2.263.947,87 |
|
|
|
|
|
Sum liabilities |
4.691.031,10 |
|
|
|
|
|
|
|||||
|
Deferred income |
828.832,81 |
|
|
|
|
|
Sum deferred income |
828.832,81 |
|
|
|
|
|
Liabilities |
17.739.329,71 |
|
|
|
|
|
|
|||||
|
Balance sheet sum |
17.739.329,71 |
|
|
|
|
|
|
2012-12-31 |
|
|
|
|
|
Gross profit |
11.757.652,43 |
|
|
|
|
|
Total turnover or gross profit |
11.757.652,43 |
|
|
|
|
|
|
|||||
|
Income from dissolution of reserves |
431.421,39 |
|
|
|
|
|
Other operating profits |
377.969,71 |
|
|
|
|
|
Other operating profits totally |
809.391,10 |
|
|
|
|
|
|
|||||
|
Wages |
-388.069,16 |
|
|
|
|
|
Salaries |
-4.817.991,90 |
|
|
|
|
|
Costs for severance pays |
-181.954,28 |
|
|
|
|
|
Legal fringe benefits and other payments depending on salaries |
-1.407.926,06 |
|
|
|
|
|
Other social fringe benefits |
-71.084,28 |
|
|
|
|
|
Personnel expenses totally |
-6.867.025,68 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses
for the set up and expansion of business operation |
-842.499,39 |
|
|
|
|
|
Depreciation tangible assets / intangible assets totally |
-842.499,39 |
|
|
|
|
|
|
|||||
|
Other operating costs |
-3.108.446,81 |
|
|
|
|
|
Other taxes |
-18.186,08 |
|
|
|
|
|
Total costs |
-3.126.632,89 |
|
|
|
|
|
|
|||||
|
Operating result totally |
1.730.885,57 |
|
|
|
|
|
|
|||||
|
Profits from the retirement of and investment in financial assets and
securities of current assets |
1.747,25 |
|
|
|
|
|
Interest income, securties income and similar income |
405.773,18 |
|
|
|
|
|
Interest and similar disbursements |
-36.952,60 |
|
|
|
|
|
Financial profits totally |
370.567,83 |
|
|
|
|
|
|
|||||
|
Results from usual business activity
totally |
2.101.453,40 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-94.647,00 |
|
|
|
|
|
Taxes on income and profits totally |
-94.647,00 |
|
|
|
|
|
Annual surplus/annual deficit totally |
2.006.806,40 |
|
|
|
|
|
|
|||||
|
Annual profit/annual loss totally |
2.006.806,40 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
5.790.804,01 |
|
|
|
|
|
Transfer of profits totally |
5.790.804,01 |
|
|
|
|
|
B/S profit/ B/S loss from profit and loss
account |
7.797.610,41 |
|
|
|
|
|
|
2012 |
|
|
|
|
|
|
Cash flow II |
2.849.305,79 |
|
|
|
|
|
|
Debt amortisation period |
2,53 |
|
|
|
|
|
|
Bank indebtedness |
12,96 |
|
|
|
|
|
|
Equity capital share |
49,48 |
|
|
|
|
|
|
Social capital share |
8,44 |
|
|
|
|
|
|
Fixed assets coverage |
285,81 |
|
|
|
|
|
|
Net profit ratio |
0,00 |
|
|
|
|
|
|
Capital turnover |
0,00 |
|
|
|
|
|
|
Return on investment |
12,05 |
|
|
|
|
|
|
Cash flow in % of operating performance |
0,00 |
|
|
|
|
|
|
Cash flow I |
2.943.952,79 |
|
|
|
|
|
|
Gross productivity |
0,00 |
|
|
|
|
|
|
Net productivity |
0,00 |
|
|
|
|
|
|
Operating performance |
0,00 |
|
|
|
|
|
|
Inventories in % of operating performance |
0,00 |
|
|
|
|
|
|
Gross profit |
11.757.652,43 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Kufsteiner Straße 4, A-6336 Langkampfen |
registered office |
|
|
|
|
|
operational |
Kufsteinerstraße 4, A-6336 Langkampfen,
(umben.v.Unterlangkampfen 461) |
registered headquarters, owned property |
|
|
|
austria@spgprints.com |
|
former |
Schaftenau, Unterlangkampfen , A-6336 Langkampfen |
registered office |
|
|
|
|
|
former |
Unterlangkampfen 461, A-6336 Langkampfen |
registered headquarters |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
|
Companies House |
|
Shares in this company are held by: |
||||
|
Stork Prints B.V. |
Raamstraat 3, NL-5831AT Boxmeer |
99.9 % 2007-05-16 |
|
|
|
STK Nederland B.V. |
Amersfoortsestraatweg 7, NL-1412 Naarden |
0.1 % 2004-05-01 |
|
32053605 |
|
|
||||
|
Affiliated companies and further participations: |
||||
|
SPGPrints Beteiligungs GmbH |
Plankengasse 7, A-1010 Wien |
|
|
FN 78775 x |
|
Banker |
Bank sort code |
Type of banking connection |
|
UniCredit Bank Austria AG, 6330 Kufstein |
20151 |
main bank connection |
|
Year of incorporation: |
1971 |
|
Date of registration: |
1971-05-03 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2003-07-10 |
Schablonentechnik Kufstein Aktiengesellschaft |
|
2003-07-10 |
2004-05-01 |
Stork Prints Austria AG |
|
2004-05-01 |
2013-10-29 |
Stork Prints Austria GmbH |
|
2013-10-29 |
|
SPGPrints Austria GmbH |
|
Change of legal form: |
||
|
From |
To |
Legal form |
|
|
2004-05-01 |
joint stock company |
|
2004-05-01 |
|
limited liability company |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2000-09-18 |
ATS 1.000.000,00 |
|
2000-09-18 |
|
EUR 73.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
2004-05-01 |
2011-12-10 |
manager |
Stefan Rückl |
|
2003-02-19 |
2004-05-01 |
joint signing clerk |
Stefan Rückl |
|
|
2004-06-17 |
joint signing clerk |
Mag. Thilo Werzinger |
|
|
2004-05-01 |
employee's representative on the supervisory board |
Ernst Kapfinger |
|
2007-05-16 |
2008-11-25 |
joint signing clerk |
Rolph Houterman |
|
1998-06-19 |
1999-02-23 |
chairman of the executive board |
Siegfried Rückl |
|
|
1998-06-19 |
member of the executive board |
Siegfried Rückl |
|
1999-02-23 |
2004-05-01 |
member of the executive board |
Siegfried Rückl |
|
1998-06-19 |
1999-02-23 |
member of the executive board |
Antonius Martinus Proos |
|
|
1999-07-30 |
chairman of the supervisory board |
Gerardus Adrianus Christiaanse |
|
1993-12-10 |
1998-10-02 |
deputy chairman of the supervisory board |
Jhr. Henrick van Lannep |
|
1998-10-02 |
2004-05-01 |
deputy chairman of the supervisory board |
Alfred van Efferen |
|
|
1998-10-02 |
member of the supervisory board |
Alfred van Efferen |
|
|
2004-05-01 |
member of the supervisory board |
Dr. Andreas Foglar Deinhardstein |
|
1993-12-10 |
2004-05-01 |
employee's representative on the supervisory board |
Helmut Bodner |
|
|
2010-09-04 |
joint signing clerk |
Ewald Pollhammer |
|
1999-07-30 |
2004-04-15 |
chairman of the supervisory board |
Arvid Manneke |
|
2004-04-15 |
2004-05-01 |
chairman of the supervisory board |
Dirk Wim Joustra |
|
2002-01-24 |
2004-04-15 |
member of the supervisory board |
Dirk Wim Joustra |
|
1998-10-02 |
2001-10-02 |
member of the supervisory board |
Hans Albert Dirk van den Boogaard |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
2004-05-01 |
2004-10-05 |
partner |
Stork Laser Technology B.V. |
|
2004-10-05 |
2007-05-16 |
partner |
Stork N.V. |
|
|
2004-05-01 |
shareholder |
Stork Laser Technology B.V. |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
|
|
STK-Leasing Gesellschaft m.b.H. |
|
1993-09-16 |
1999-11-12 |
STK Industrieanlagenleasing Gesellschaft m.b.H. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.72 |
|
|
1 |
Rs.102.45 |
|
Euro |
1 |
Rs.81.54 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NNA |
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.