|
Report Date : |
07.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
OMICRON ELECTRONICS GMBH |
|
|
|
|
Registered Office : |
Oberes Ried 1, A-6833 Klaus |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
1984 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of instruments and appliances for measuring, testing and
navigation |
|
|
|
|
No. of Employees : |
359 (Approx.) |
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) |
|
|
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: |
2014-05-19 |
|
Company name: |
OMICRON ELECTRONICS GMBH |
|
Status: |
active company |
|
Locations: |
Oberes Ried 1, A-6833 Klaus |
|
Phone: |
0043 (5523) 507 |
|
Fax: |
0043 (5523) 507 - 999 |
|
E-mail: |
info@omicron.at |
|
Internet: |
http://www.omicron.at |
|
Activities: |
Önace 26510 100% Manufacture of instruments and appliances for
measuring, testing and navigation |
|
|
|
|
Probability of Default (Basel II): |
0,04% Very low risk |
|
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 sometimes made using cash discounts or according to
conditions. |
|
|
Company's financial situation is in order. Earnings potential is
positive. |
|
Year of incorporation: |
1984 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
limited liability company since 1993-06-02 |
|
||||
|
companies' house number: |
FN 34227 i Feldkirch 1993-06-19 |
|
||||
|
VAT number: |
ATU 36297501 |
|
||||
|
number - Austrian National Bank: |
1979922 |
|
||||
|
|
|
|||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
Germany |
|
2014 |
|
||
|
Import |
Liechtenstein |
|
2014 |
|
||
|
Import |
Switzerland |
|
2014 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
world-wide |
|
2014 |
|
|
total turnover (total sales) |
2013 |
EUR 91.000.000,00 |
(estimated) |
|
total turnover (total sales) |
2012 |
EUR 80.932.905,31 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 68.650.800,01 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 57.713.915,41 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 52.347.544,82 |
(exact) |
|
total employees |
2014 |
359 |
(approx.) |
|
white collar workers |
2014 |
359 |
(approx.) |
|
total investments |
2012 |
EUR 10.489.753,34 |
(exact) |
|
total company vehicles |
2014 |
20 |
(approx.) |
|
firm (style): |
|
3 OMICRON electronics GmbH |
|
legal form: |
|
1 Gesellschaft mit
beschränkter Haftung |
|
registered
office: |
|
6 politischer Gemeinde
Klaus |
|
business adress: |
|
6 Oberes Ried 1 |
|
capital: |
|
1 ATS 500.000 |
|
reference date
annual accounts: |
|
1 31. Dezember |
|
annual accounts: |
|
30 zum 31.12.2012
eingereicht am 04.09.2013 |
|
power of
representation: |
|
1 Sind mehrere
Geschäftsführer bestellt, so wird deren Ver- |
|
proxy: |
|
C Martin Pfanner, geb.
21.08.1962 |
|
managing
director: |
|
D Manfred Strauß, geb.
08.02.1967 |
|
shareholder: |
|
G Omicron Holding GmbH |
|
general table: |
|
Landesgericht Feldkirch |
|
Registration number of real estate
26 Cadastral register 92111 Klaus V Number and date
of entry 1867/2005 Status of 2013-08-07 |
|
Part A - type of
real estate : |
|
1895 G Landw. genutzt *
1625 |
|
Part B -
ownership details : |
|
1 ANTEIL: 1/1 |
|
Part C -
registered charges : |
|
Eintragungen ohne Währungsbezeichnung sind Beträge in ATS |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the
companies' house) |
|
Manfred Strauß |
1967-02-08 |
6832 Sulz Im Feld 1 |
manager |
1 |
|
Dietmar Gehrmann |
1962-10-19 |
6833 Klaus Oberes Ried 1(c/o) |
individual signing clerk |
0 |
|
Martin Pfanner |
1962-08-21 |
6800 Feldkirch Böschenmahdstraße 18 |
individual signing clerk |
0 |
|
Judith Zeiner |
1982-11-08 |
6833 Klaus Gardis 3 |
individual signing clerk |
0 |
|
Manfred Strauß |
|
6844 Altach Brolsstraße 39(c/o) |
head of accounting |
0 |
|
Hardy Schöch |
|
6844 Altach Brolsstraße 39(c/o) |
head of purchasing |
0 |
|
Wolfgang Senoner |
|
6844 Altach Brolsstraße 39(c/o) |
head of EDP |
0 |
|
Steffen Kaiser |
1962-09-19 |
8260 Stein am Rhein Rathhausplatz 6 |
technical director |
0 |
|
Harald Dörler |
|
6833 Klaus Oberes Ried 1 c/o(c/o) |
head of personnel |
0 |
|
|
2012-12-31 |
|
|
|
|
|
Franchises, patents, licences, trademarks and similar rights and
advantages |
741.624,69 |
|
|
|
|
|
Sum intangible assets |
741.624,69 |
|
|
|
|
|
|
|||||
|
Land and leasehold rights with buildings thereon including building on
land owned by third parties |
22.142.196,89 |
|
|
|
|
|
Other operating and business equipment |
2.204.085,59 |
|
|
|
|
|
Advanced payments and constructions in progress |
6.389.498,85 |
|
|
|
|
|
Sum tangible assets |
30.735.781,33 |
|
|
|
|
|
|
|||||
|
Shares on related firms |
5.650.727,95 |
|
|
|
|
|
Other shareholdings |
96.861,35 |
|
|
|
|
|
Other financial assets, values and securities of fixed assets |
8.282.343,53 |
|
|
|
|
|
Sum financial assets |
14.029.932,83 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
45.507.338,85 |
|
|
|
|
|
|
|||||
|
Stocks |
13.198.758,39 |
|
|
|
|
|
Sum stock |
13.198.758,39 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
7.165.668,00 |
|
|
|
|
|
Claims against companies with shareholding relationship |
107.198,00 |
|
|
|
|
|
Claims against related firmes Claims against companies with
shareholding relationship |
8.116.538,23 |
|
|
|
|
|
Special account claims |
1.530.303,00 |
|
|
|
|
|
Sum claims |
16.919.707,23 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
18.884.832,28 |
|
|
|
|
|
Sum cash and bank |
18.884.832,28 |
|
|
|
|
|
|
|||||
|
Sum current assets |
49.003.297,90 |
|
|
|
|
|
|
|||||
|
Deferred charges |
749.899,79 |
|
|
|
|
|
Sum deferred charges |
749.899,79 |
|
|
|
|
|
Assets |
95.260.536,54 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
36.336,42 |
|
|
|
|
|
Shares outstanding, not claimed |
-18.168,21 |
|
|
|
|
|
Profit reserves |
904.692,82 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
50.755.853,21 |
|
|
|
|
|
Thereof profit/loss carried forward |
37.711.241,87 |
|
|
|
|
|
Sum equity capital |
51.678.714,24 |
|
|
|
|
|
|
|||||
|
Other reserves before taxes |
184.346,77 |
|
|
|
|
|
Sum reserves before taxes |
184.346,77 |
|
|
|
|
|
|
|||||
|
Reserves for severance pays |
1.872.865,00 |
|
|
|
|
|
Other reserves |
11.729.939,00 |
|
|
|
|
|
Sum reserves |
13.602.804,00 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
20.188.531,67 |
|
|
|
|
|
Received advanced payments for orders |
299.646,00 |
|
|
|
|
|
Liabilities from delivered goods and performed services |
1.868.388,00 |
|
|
|
|
|
Liabilities against related firms |
3.322.477,05 |
|
|
|
|
|
Other liabilities |
4.115.628,81 |
|
|
|
|
|
Sum liabilities |
29.794.671,53 |
|
|
|
|
|
|
|||||
|
Liabilities |
95.260.536,54 |
|
|
|
|
|
|
|||||
|
Balance sheet sum |
95.260.536,54 |
|
|
|
|
|
|
2012-12-31 |
|
|
|
|
|
Gross sales |
80.932.905,31 |
|
|
|
|
|
Increase or decrease in finished and unfinished goods and in service
claims |
146.725,48 |
|
|
|
|
|
Other manufacturing costs capitalized |
218.765,17 |
|
|
|
|
|
Total turnover or gross profit |
81.298.395,96 |
|
|
|
|
|
|
|||||
|
Profits from retirement of fixed assets, except financial assets |
118.508,36 |
|
|
|
|
|
Income from dissolution of reserves |
100.000,00 |
|
|
|
|
|
Other operating profits |
4.807.412,64 |
|
|
|
|
|
Other operating profits totally |
5.025.921,00 |
|
|
|
|
|
|
|||||
|
Costs for obtained services |
-11.767.706,92 |
|
|
|
|
|
Material costs |
-13.942.691,64 |
|
|
|
|
|
Costs for obtained services totally |
-25.710.398,56 |
|
|
|
|
|
|
|||||
|
Salaries |
-17.926.824,08 |
|
|
|
|
|
Costs for severance pays |
-644.723,42 |
|
|
|
|
|
Legal fringe benefits and other payments depending on salaries |
-4.666.467,72 |
|
|
|
|
|
Other social fringe benefits |
-413.414,70 |
|
|
|
|
|
Personnel expenses totally |
-23.651.429,92 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses for
the set up and expansion of business operation |
-3.623.744,31 |
|
|
|
|
|
Depreciation tangible assets / intangible assets totally |
-3.623.744,31 |
|
|
|
|
|
|
|||||
|
Other operating costs |
-20.992.225,11 |
|
|
|
|
|
Other taxes |
-140.087,53 |
|
|
|
|
|
Total costs |
-21.132.312,64 |
|
|
|
|
|
|
|||||
|
Operating result totally |
12.206.431,53 |
|
|
|
|
|
|
|||||
|
Profits from shareholdings |
5.210.990,61 |
|
|
|
|
|
Income from other securities and loans of financial assets |
1.620,20 |
|
|
|
|
|
Interest income, securties income and similar income |
318.621,90 |
|
|
|
|
|
Disbursements from other financial assets and from securities of current
assets (e.g. depreciations) |
-106.190,47 |
|
|
|
|
|
Interest and similar disbursements |
-2.360.089,02 |
|
|
|
|
|
Financial profits totally |
3.064.953,22 |
|
|
|
|
|
|
|||||
|
Results from usual business activity
totally |
15.271.384,75 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-2.253.356,52 |
|
|
|
|
|
Taxes on income and profits totally |
-2.253.356,52 |
|
|
|
|
|
Annual surplus/annual deficit totally |
13.018.028,23 |
|
|
|
|
|
|
|||||
|
Dissolution reserves before taxes |
26.583,11 |
|
|
|
|
|
Reserves movements totally |
26.583,11 |
|
|
|
|
|
Annual profit/annual loss totally |
13.044.611,34 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
37.711.241,87 |
|
|
|
|
|
Transfer of profits totally |
37.711.241,87 |
|
|
|
|
|
B/S profit/ B/S loss from profit and loss
account |
50.755.853,21 |
|
|
|
|
|
|
2012 |
|
|
|
|
|
|
Cash flow II |
16.641.772,54 |
|
|
|
|
|
|
Debt amortisation period |
1,45 |
|
|
|
|
|
|
Bank indebtedness |
21,19 |
|
|
|
|
|
|
Equity capital share |
54,61 |
|
|
|
|
|
|
Social capital share |
1,96 |
|
|
|
|
|
|
Fixed assets coverage |
118,08 |
|
|
|
|
|
|
Net profit ratio |
18,78 |
|
|
|
|
|
|
Capital turnover |
0,85 |
|
|
|
|
|
|
Return on investment |
18,50 |
|
|
|
|
|
|
Cash flow in % of operating performance |
20,46 |
|
|
|
|
|
|
Cash flow I |
18.895.129,06 |
|
|
|
|
|
|
Gross productivity |
3,43 |
|
|
|
|
|
|
Net productivity |
2,35 |
|
|
|
|
|
|
Operating performance |
81.298.395,96 |
|
|
|
|
|
|
Inventories in % of operating performance |
16,23 |
|
|
|
|
|
|
Gross profit |
55.587.997,40 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Oberes Ried 1, A-6833 Klaus |
registered office |
|
|
|
|
|
operational |
Oberes Ried 1, A-6833 Klaus |
registered headquarters, owned property |
|
|
|
info@omicron.at |
|
former |
Brolsstraße 39, A-6844 Altach |
registered office |
|
|
|
|
|
former |
Brolsstraße 39, A-6844 Altach |
registered headquarters |
|
|
|
|
|
former |
Dr. Neudörferstraße 5, A-6845 Hohenems |
registered headquarters |
|
|
|
|
|
former |
Dr. Neudörferstraße 5, A-6845 Hohenems |
registered headquarters |
|
|
|
|
|
former |
Angelika Kaufmannstraße 8, A-6845 Hohenems |
registered headquarters |
|
|
|
|
|
former |
Angelika Kaufmannstraße 8, A-6845 Hohenems |
registered headquarters |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
KSV-number |
Companies House |
|
Shares in this company are held by: |
||||
|
OMICRON Holding GmbH |
Wallnerstraße 1, A-1010 Wien |
100 % 2011-08-24 |
7.041.663 |
FN 362839 m |
|
|
||||
|
This company holds 100% of the shares in: |
||||
|
Adaptive Regelsysteme Gesellschaft m.b.H. |
Jakob Haringerstraße 5a, A-5020 Salzburg |
100 % 2012-02-10 |
634.197 |
FN 54046 f |
|
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
|
UniCredit Bank Austria AG, 1011 Wien |
12000 |
main bank connection |
|
|
Bank für Tirol und Vorarlberg Aktienges., 6901 Bregenz |
16000 |
main bank connection |
|
|
Raiffeisenbank Hohenems, 6845 Hohenems |
37438 |
secondary banking connection |
|
|
|
|
||
|
Year of incorporation: |
1984 |
|
Date of registration: |
1993-06-19 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
2000-09-22 |
manager |
Ing. Rainer Aberer |
|
2000-09-22 |
2014-02-18 |
manager |
Martin Pfanner |
|
|
2000-09-22 |
individual signing clerk |
Martin Pfanner |
|
2000-09-22 |
2010-01-30 |
individual signing clerk |
Ing. Rainer Aberer |
|
|
2010-11-20 |
individual signing clerk |
Marc Andreas Vogg |
|
2000-09-22 |
2014-02-18 |
individual signing clerk |
Manfred Strauß |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
1993-06-02 |
2010-01-30 |
partner |
Ing. Rainer Aberer |
|
2010-01-30 |
2011-08-20 |
partner |
Ing. Rainer Aberer Verlassenschaft |
|
2011-08-20 |
2011-08-24 |
partner |
Mag. Daniel Aberer |
|
2011-08-20 |
2011-08-24 |
partner |
Lukas Aberer |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.79 |
|
|
1 |
Rs.102.66 |
|
Euro |
1 |
Rs.81.32 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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.