MIRA INFORM REPORT

 

 

Report Date :

31.07.2014

 

IDENTIFICATION DETAILS

 

Name :

ING. SUMETZBERGER GMBH.

 

 

Registered Office :

LeberstraGe 108-110, A-1110 Wien

 

 

Country :

Austria

 

 

Financials (as on) :

28.02.2014

 

 

Date of Incorporation :

1921

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture of lifting and handling equipment

 

 

No. of Employees

Not Available

 

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 :

Slow but correct

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:

2014-07-28

Company name:

ING. SUMETZBERGER GMBH.

Status:

active company

Locations:

LeberstraGe 108-110, A-1110 Wien

Phone:

0043 (1) 74035

Fax:

0043 (1) 74035-200

E-mail:

info@sumetzberger.at

Internet:

http://www.sumetzberger.at

Activities:

Onace 43210 60% Electrical installation

 

Onace 28220 40% Manufacture of lifting and handling equipment

 

Model: CompanyScore

 

 

Collections

 

Date of collection order

Amount presently due

Amount presently paid

Collection status quo

since

2013-06-25

EUR 0,00

EUR 625,20

agreement with creditor

2013-07-15

2012-03-13

EUR 0,00

EUR 1.455,15

legal action started by creditor, result unknown

2012-05-29

Sums

EUR 0,00

EUR 2.080,35

 

 

 

Additional company information

 

Year of incorporation:

1921

Activities:

 

Type of company:

Construction

Legal form:

limited liability company since 1994-08-01

companies' house number:

FN 118934 d Wien 1994-10-21

Trade names:

Thyssen

Trade names:

TOA

VAT number:

ATU 37204100

number - Austrian National

2395410

Bank:

 

 

Import

Country

 

 

 

Import

USA

 

2014

 

Import

European Union

 

2014

 

 

Export

Country

 

 

 

Export

world-wide

 

2014

 

 

 

Financial data

 

total turnover (total sales)

2014

EUR 43.000.000,00

(planned)

total turnover (total sales)

2013

EUR 41.067.924,25

(exact)

total turnover (total sales)

2012

EUR 44.360.441,03

(exact)

total turnover (total sales)

2011

EUR 35.195.983,34

(exact)

total turnover (total sales)

2010

EUR 28.148.246,68

(exact)

total employees

2014

318

(exact)

total stock

2014

EUR 3.665.704,00

(approx.)

total claims

2014

EUR 10.802.485,00

(approx. clients)

total liabilities

2014

EUR 4.920.567,00

(approx. suppliers)

total company vehicles

2014

77

(exact)

 

 

Extraxt from the Companies' House

 

firm (style):

1

Ing.  Sumetzberger GMBH.

legal form:

1

Gesellschaft mit beschrankter Haftung

registered office:

1

politischer Gemeinde Wien

 

business adress:

1

LeberstraSe 108

 

 

1110 Wien

 

capital:

6

EUR 72.672,83

 

reference date annual accounts:

10

letzter Tag im Februar

 

annual accounts:

23

zum 28.02.2013 eingereicht am 25.11.2013

 

power of representation:

10

Die Vertretungsbefugnis der Geschaftsfuhrer wird

 

 

mit Beschluss der Gesellschafter geregelt.

 

1

Gesellschaftsvertrag   vom 01.08.1994

001

 

mit einem Nachtrag vom 19.09.1994

 

6

Gesellschaftsvertrag mit Generalversammlungsbeschluss

002

 

vom 18.12.2002

 

 

gemaS 1.  Euro-JuBeG angepasst.

 

 

Anderung des Gesellschaftsvertrages in den §§ 4 und 5.

 

 

 

general table

 

Handelsgericht Wien

 

 

 

 

1

eingetragen am 21.10.1994 Geschaftsfall

703

Fr

9975/94

p

 

Antrag auf Neueintragung einer Firma    eingelangt am 20.09.1994

 

2

eingetragen am 24.12.1998 Geschaftsfall Antrag auf Anderung    eingelangt am 18.12.1998

71

Fr

15293/98

y

6

eingetragen am 03.01.2003 Geschaftsfall Antrag auf Anderung    eingelangt am 23.12.2002

73

Fr

15499/02

v

10

eingetragen am 08.06.2005 Geschaftsfall Einreichung Jahresabschluss    eingelangt am 03.06.2005

73

Fr

6999/05

w

19

eingetragen am 23.02.2012 Geschaftsfall Antrag auf Anderung    eingelangt am 21.02.2012

71

Fr

1622/12

i

21

eingetragen am 28.11.2012 Geschaftsfall Antrag auf Anderung    eingelangt am 26.11.2012

71

Fr

20597/12

p

23

eingetragen am 27.11.2013 Geschaftsfall

71

Fr

23068/13

g

 

Elektronische Einreichung Jahresabschluss eingelangt

am 25.11.2013

 

 

 

Real estate

 

Registration number of real estate 1322 Cadastral register 01107 Simmering W Number and date of entry

4642/2011 Status of 2014-07-21

 

 

 

Part A - type of real estate :

GST-NR

G BA (NUTZUNG)

 

FLaCHE

GST-ADRESSE

431/1

G GST-Flache

*

1176

 

 

Baufl.(Gebaude)

 

1036

 

 

Sonstige

 

140

 

 

(Werksgelande)

 

 

LeberstraSe 110

 

 

 

 

Werkstattenweg 87

431/3

Sonstige

*

4

 

 

(StraSenanlage)

 

 

 

431/5

G Baufl.(begrunt)

*

33

 

.499/7

GST-Flache

*

687

 

 

Baufl.(Gebaude)

 

544

 

 

Sonstige

 

143

 

 

(Werksgelande)

 

 

Werkstattenweg 89

GESAMTFLaCHE

 

1900

 

 

 

Part C - registered charges :

 

4 a 1754/1982 Pfandurkunde 1982-04-21

PFANDRECHT Höchstbetrag 3,900.000,--

für DIE ERSTE österreichische Spar-Casse

b 1754/1982 HAUPTEINLAGE, Simultanhaftung mit NE EZ 3043

c 269/1983 Löschungsverpflichtung zugunsten DIE ERSTE

österreichischeSpar-Casse

d 1766/1986 Löschungsverpflichtung zugunsten

Landes-Hypothekenbank Niederösterreich

e 7028/1989 Löschungsverpflichtung zugunsten DIE ERSTE

österreichische Spar-Casse-Bank

f 12015/1993 Löschungsverpflichtung zugunsten DIE ERSTE

österreichische Spar-Casse-Bank Aktiengesellschaft

g 4642/2011 Kautionsband

 

5 a 269/1983 Pfandurkunde 1982-12-27

PFANDRECHT Höchstbetrag 2,600.000,--

DIE ERSTE österreichische Spar-Casse

b 269/1983 HAUPTEINLAGE, Simultanhaftung mit NE EZ 3043

c 7028/1989 Löschungsverpflichtung zugunsten DIE ERSTE

österreichische Spar-Casse-Bank

d 12015/1993 Löschungsverpflichtung zugunsten DIE ERSTE

österreichische Spar-Casse-Bank Aktiengesellschaft

e 4642/2011 Kautionsband

 

7 a 7028/1989 Pfandurkunde 1989-10-24

PFANDRECHT Höchstbetrag 3,250.000,--

für DIE ERSTE österreichische Spar-Casse-Bank

b 7028/1989 HAUPTEINLAGE, Simultanhaftung mit NE EZ 3043

c 12015/1993 Löschungsverpflichtung zugunsten DIE ERSTE

österreichische Spar-Casse-Bank Aktiengesellschaft

d 4642/2011 Kautionsband

 

8 a 843/1902 3499/1937 1079/2010 RECHT der

Entschädigungs-Verzichtleistung gem Abs 1 Erklärung

1902-09-30 auf Gst .499/7 als Dienstbarkeit zugunsten Gst

1874/1 1874/12 der Eisenbahneinlage für die priv österr ung

Staatseisenbahngesellschaft

b 3222/1992 übertragung der vorangehenden Eintragung(en) aus EZ

2961

 

9 a 12015/1993 Pfandurkunde 1993-12-17

PFANDRECHT Höchstbetrag 6.500.000,--

für DIE ERSTE österreichische Spar-Casse-Bank

Aktiengesellschaft

b 12015/1993 NEBENEINLAGE (änderungen des Pfandrechts werden

nur in der HE eingetragen), Simultanhaftung mit HE EZ 3006

 

10 a 2630/1999 Pfandurkunde 1995-01-31

PFANDRECHT Höchstbetrag 8.250.000,--

für Erste Bank der oesterreichischen Sparkassen AG

b 2630/1999 HAUPTEINLAGE, Simultanhaftung mit NE EZ 3043

 

11 a 6957/1999 Pfandurkunde 1999-07-19

PFANDRECHT Höchstbetrag 10.000.000,--

für Erste Bank der oesterreichischen Sparkassen AG

b 6957/1999 HAUPTEINLAGE, Simultanhaftung mit NE EZZ 3043 3006

 

13 a 8836/1999 Pfandurkunde 1997-09-12

PFANDRECHT Höchstbetrag 10.000.000,--

für EB und HYPO - Bank Burgenland Aktiengesellschaft

b 8836/1999 HAUPTEINLAGE, Simultanhaftung mit NE EZZ 3043 379

3006

 

14 a 8042/2007 Pfandurkunde 2007-06-29

PFANDRECHT Höchstbetrag EUR 1.000.000,--

für Erste Bank der oesterreichischen Sparkassen AG

 

b 8042/2007 NEBENEINLAGE (änderungen des Pfandrechts werden nur

in der HE eingetragen), Simultanhaftung mit HE EZ 2120

Eintragungen ohne Währungsbezeichnung sind Beträge in ATS

Seite 5

 

 

Private data

 

Surname

Date of birth

Address

Executive positions

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

Ing. Walter Sumetzberger

1933-09-02

1030 Wien Kolblgasse 9

manager, partner

2

Elsa Sumetzberger

1937-09-27     1030 Wien Kolblgasse 9 partner,

individual signing clerk

2

Ing. Thomas Puhr

1976-01-31

2625 Schwarzau am Steinfelde Schneebergblick

10

joint signing clerk, head of personnel

0

Ing. Andreas Wolf

1975-03-23

2333 Leopoldsdorf bei Wien Grabengasse 41 A

joint signing clerk

0

Claudia Adelsberger

 

1110 Wien LeberstraGe 108-110(c/o)

head of accounting

0

Rupert Dettenhofer

 

1110 Wien LeberstraGe 108-110(c/o)

head of purchasing

0

Ing. Peter Friedrich

 

1110 Wien LeberstraGe 108-110(c/o)

head of sales

0

Ing. Michael Kupper

 

1110 Wien LeberstraGe 108-110(c/o)

head of marketing

0

Christoph Flandorfer

 

1110 Wien LeberstraGe 108-110(c/o)

head of EDP

0

Peter Friedrich

 

1110 Wien LeberstraGe 108-110(c/o)

technical director

0

 

 

Balance Sheet (absolute) all amounts in EUR

 

 

2014-02-28

 

 

 

 

Land and leasehold rights with buildings thereon including building on land owned by third parties

1.970.100,33

 

 

 

 

Other operating and business equipment

2.012.877,36

 

 

 

 

Technical plants and machines

113.706,62

 

 

 

 

Sum tangible assets

4.096.684,31

 

 

 

 

 

Other financial assets, values and securities of fixed assets

61.245,30

 

 

 

 

Sum financial assets

61.245,30

 

 

 

 

 

Sum fixed assets 4.157.929,61

Raw-, auxiliary materials and supplies

3.665.703,89

 

 

 

 

Outstanding service claims

2.604.697,61

 

 

 

 

Sum stock

6.270.401,50

 

 

 

 

 

Claims from delivered goods and performed services

8.497.859,81

 

 

 

 

Other claims and assets

331.075,21

 

 

 

 

Sum claims

8.828.935,02

 

 

 

 

 

Cash on hand, cheques and bank deposits

32.033,27

 

 

 

 

Sum cash and bank

32.033,27

 

 

 

 

 

Sum current assets

15.131.369,79

 

 

 

 

 

Deferred charges

79.827,18

 

 

 

 

Sum deferred charges

79.827,18

 

 

 

 

Assets

19.369.126,58

 

 

 

 

 

Subscribed/declared capital

72.672,83

 

 

 

 

Not committed capital reserves

377.807,55

 

 

 

 

Free reserves

565.860,90

 

 

 

 

Balance sheet profit/balance sheet loss

1.615.212,61

 

 

 

 

Thereof profit/loss carried forward

1.272.716,41

 

 

 

 

Sum equity capital

2.631.553,89

 

 

 

 

 

Reserves for severance pays

2.168.097,19

 

 

 

 

Tax reserves

239.679,00

 

 

 

 

Other reserves

808.114,07

 

 

 

 

Sum reserves

3.215.890,26

 

 

 

 

 

Liabilities against credit institutes

6.752.094,21

 

 

 

 

Liabilities from delivered goods and performed services

4.920.567,11

 

 

 

 

Other liabilities

1.484.467,01

 

 

 

 

Sum liabilities

13.157.128,33

 

 

 

 

 

Deferred income

364.554,10

 

 

 

 

Sum deferred income

364.554,10

 

 

 

 

Liabilities

19.369.126,58

 

 

 

 

 

Contingent liabilities

6.691.729,95

 

 

 

 

Balance sheet sum

19.369.126,58

 

 

 

 

 

 

Key ratios

 

 

2014

Equity capital share

13,58

Fixed assets coverage

115,43

 

 

Locations

 

Type

Locations

Description

 

Phone Fax

E-mail

operational

LeberstraGe 108, A-1110 Wien

registered office

operational

LeberstraGe 108-110, A-1110 Wien

registered headquarters, owned property

 

0043 1 74035                 0043 1 74035 200

info@sumetzberger.at

operational

Kolblgasse 9, A-1030Wien

branch office, rented premises

 

0043 1 7985171              0043 1 7994546

 

operational

Matzenkopfgasse 35, A-5020 Salzburg

branch office, rented premises

 

0043 662 430303            0043 662 430303 20

 

operational

Burgstall-JohannesbergstraGe 10, A-3034 Maria Anzbach

branch office, rented premises

operational

Feldkirchnerweg 41 C, A-8055 Graz Puntigam

office

 

0043 316 297150            0043 316 293258

 

former

Mitterweg 31, A-4600 Wels

branch office

former

Binderlandweg 20, A-4020 Linz

branch office

former

Feldkirchnerweg 17 a, A-8020 Graz

branch office

former

Kostenbaumgasse 17, A-8020 Graz

branch office

 

 

related companies

 

Company name

Postal code

Stake in %

 

'Companies House

 

Ing. Walter Sumetzberger

Kolblgasse 9, A-1030 Wien

95% 1994-10-21

 

 

Elsa Sumetzberger

Kolblgasse 9, A-1030 Wien

5 % 1994-10-21

 

 

 

Saniwatt Heizungsanlagen

Werkstattenweg 87,

 

 

FN 85746 y

 

und Sanitareinrichtungs-

A-1110 Wien

 

 

 

 

 

 

Bankers

 

Banker

Bank sort code

Type of banking connection

Erste Bank der oesterreichischen Sparkassen AG, 1011 Wien

20111

main bank connection

UniCredit Bank Austria AG, 1011 Wien

12000

secondary banking connection

HYPO-BANK BURGENLAND Aktiengesellschaft, 7001 Eisenstadt

51000

secondary banking connection

HYPO NOE Landesbank AG, 1011 Wien

53000

secondary banking connection

BAWAG P.S.K. Bank fur Arbeit und Wirtschaft, 1018 Wien

60000

secondary banking connection

 

 

Historical development

 

Year of incorporation:

1921

Date of registration:

1994-10-21

 

Change in share capital:

From

To

Capital

 

2003-01-03

ATS 1.000.000,00

2003-01-03

 

EUR 72.672,83

 

Former executives:

From

To

Function

Name

 

1998-12-24

manager

Ing. Walter Sumetzberger

1998-12-24

1999-08-03

manager

Ing. Gerhard Sumetzberger

1998-12-24

2012-05-19

manager

Ing. Wolfgang Sumetzberger

 

1998-12-24

individual signing clerk

Ing. Wolfgang Sumetzberger

1999-08-03

2012-02-23

individual signing clerk

Ing. Gerhard Sumetzberger

1998-12-24

2012-02-23

individual signing clerk

Ing. Walter Sumetzberger


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.15

UK Pound

1

Rs.101.92

Euro

1

Rs.80.64

 

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.