|
Report Date : |
29.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
BAUR PRÜF- UND MESSTECHNIK
GMBH |
|
|
|
|
Registered Office : |
Raiffeisenstraße 8, A-6832 Sulz Röthis |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
1945 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of instruments and appliances for measuring,
testing and navigation |
|
|
|
|
No. of Employees |
Not Available |
RATING & COMMENTS
|
MIRAs 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 |
|
Company name: |
BAUR Prüf- und Messtechnik GmbH |
|
Status: |
active company |
|
Locations: |
Raiffeisenstraße 8, A-6832 Sulz Röthis |
|
Phone: |
0043 (5522) 4941 |
|
Fax: |
0043 (5522) 4941 3 |
|
E-mail: |
headoffice@baur.at |
|
Internet: |
http://www.baur.at |
|
Activities: |
Önace 26510 75% Manufacture of instruments and appliances
for measuring, testing and navigation |
|
|
Önace 46520 25% Wholesale of electronic and
telecommunications equipment and parts |
|
Year of incorporation: |
1945 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
limited liability company since 1986-11-13 |
|
||||
|
companies' house number: |
FN 77324 m Feldkirch 1987-02-27 |
|
||||
|
VAT number: |
ATU 43210404 |
|
||||
|
number - Austrian National Bank: |
1105132 |
|
||||
|
|
|
|||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
Germany |
|
2014 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
world-wide |
|
2014 |
|
|
total turnover (total sales) |
2013 |
EUR 22.000.000,00 |
(approx.) |
|
total turnover (total sales) |
2012 |
EUR 23.964.000,00 |
(approx.) |
|
total turnover (total sales) |
2011 |
EUR 20.924.000,00 |
(approx.) |
|
total turnover (total sales) |
2010 |
EUR 21.638.733,47 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 16.263.515,42 |
(exact) |
|
total employees |
2014 |
163 |
(approx.) |
|
total investments |
2012 |
EUR 4.841.974,06 |
(exact) |
|
total company vehicles |
2014 |
5 |
(exact) |
|
cars |
2014 |
4 |
(exact) |
|
lorries up to 3.5t |
2014 |
1 |
(exact) |
|
firm
(style): |
|
4
BAUR Prüf- und Messtechnik GmbH |
|
legal
form: |
|
1
Gesellschaft mit beschränkter Haftung |
|
registered
office: |
|
4
politischer Gemeinde Sulz |
|
business
adress: |
|
4
Raiffeisenstrasse 8 |
|
capital: |
|
14
EUR 38.000 |
|
reference
date annual accounts: |
|
1
31. Dezember |
|
annual
accounts: |
|
33
zum 31.12.2012 eingereicht am 23.09.2013 |
|
power
of representation: |
|
4
Sind zwei oder mehrere Geschäftsführer bestellt, wird deren |
|
proxy: |
|
K
DI Gregor Pudlo, geb. 22.05.1972 |
|
managing
director: |
|
L
Mag (FH) Markus Baur, geb. 11.10.1978 |
|
shareholder: |
|
A
Ing Martin Baur, geb. 30.03.1944 |
|
general
table: |
|
Landesgericht Feldkirch |
|
Registration number of real estate 42
Cadastral register 92123 Sulz V Number and date of entry
23785/2012 Status of 2013-09-27 |
|
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 : |
|
7
a 3959/1977 Pfandurkunde 1977-06-30 |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as
registered in the companies' house) |
|
Mag.(FH) Markus Baur |
1978-10-11 |
6832 Sulz Flurgasse 5 |
manager |
0 |
|
Ing. Martin Baur |
1944-03-30 |
6832 Röthis Rebhalde 15 |
partner |
0 |
|
Valentine Baur |
1950-07-11 |
6832 Röthis Rebhalde 15 |
partner |
0 |
|
Dipl-Ing. Gregor Pudlo |
1972-05-22 |
88149 Nonnenhorn Am Nonnenstein 3 |
joint signing clerk |
0 |
|
|
2012-12-31 |
|
|
|
|
|
Intangible assets |
125.730,62 |
|
|
|
|
|
Sum intangible assets |
125.730,62 |
|
|
|
|
|
|
|||||
|
Land and leasehold rights with buildings thereon including
building on land owned by third parties |
3.309.749,56 |
|
|
|
|
|
Other operating and business equipment |
468.365,86 |
|
|
|
|
|
Technical plants and machines |
295.160,73 |
|
|
|
|
|
Advanced payments and constructions in progress |
166.319,71 |
|
|
|
|
|
Sum tangible assets |
4.239.595,86 |
|
|
|
|
|
|
|||||
|
Shares on related firms |
87.946,01 |
|
|
|
|
|
Other shareholdings |
15.179,54 |
|
|
|
|
|
Other financial assets, values and securities of fixed
assets |
373.522,03 |
|
|
|
|
|
Sum financial assets |
476.647,58 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
4.841.974,06 |
|
|
|
|
|
|
|||||
|
Stocks |
4.356.441,23 |
|
|
|
|
|
Sum stock |
4.356.441,23 |
|
|
|
|
|
|
|||||
|
Claims against companies with shareholding relationship |
43.927,01 |
|
|
|
|
|
Claims against related firmes Claims against companies
with shareholding relationship |
1.920.872,54 |
|
|
|
|
|
Special account claims |
4.759.600,79 |
|
|
|
|
|
Sum claims |
6.724.400,34 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
3.035.405,29 |
|
|
|
|
|
Sum cash and bank |
3.035.405,29 |
|
|
|
|
|
|
|||||
|
Sum current assets |
14.116.246,86 |
|
|
|
|
|
|
|||||
|
Deferred charges |
71.972,09 |
|
|
|
|
|
Sum deferred charges |
71.972,09 |
|
|
|
|
|
Assets |
19.030.193,01 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
36.000,00 |
|
|
|
|
|
Capital reserves |
92.196,68 |
|
|
|
|
|
Profit reserves |
186.580,75 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
9.916.579,52 |
|
|
|
|
|
Thereof profit/loss carried forward |
8.416.740,71 |
|
|
|
|
|
Sum equity capital |
10.231.356,95 |
|
|
|
|
|
|
|||||
|
Valuation reserves and other reserves before taxes |
185.138,29 |
|
|
|
|
|
Sum reserves before taxes |
185.138,29 |
|
|
|
|
|
|
|||||
|
Reserves |
2.966.818,49 |
|
|
|
|
|
Sum reserves |
2.966.818,49 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
3.417.731,64 |
|
|
|
|
|
Liabilities against related firms |
487,28 |
|
|
|
|
|
Liabilities against firm with shareholding relationship |
6.000,00 |
|
|
|
|
|
Other liabilities |
2.222.660,36 |
|
|
|
|
|
Sum liabilities |
5.646.879,28 |
|
|
|
|
|
|
|||||
|
Liabilities |
19.030.193,01 |
|
|
|
|
|
|
|||||
|
Balance sheet sum |
19.030.193,01 |
|
|
|
|
P / L Account (absolute) all amounts in EUR
|
|
2012-12-31 |
|
|
|
|
|
Gross profit |
16.196.907,26 |
|
|
|
|
|
Total turnover or gross profit |
16.196.907,26 |
|
|
|
|
|
|
|||||
|
Profits from retirement of fixed assets, except financial
assets |
41,67 |
|
|
|
|
|
Income from dissolution of reserves |
284.257,19 |
|
|
|
|
|
Other operating profits |
675.248,32 |
|
|
|
|
|
Other operating profits totally |
959.547,18 |
|
|
|
|
|
|
|||||
|
Wages |
-1.998.955,34 |
|
|
|
|
|
Salaries |
-5.343.071,96 |
|
|
|
|
|
Costs for severance pays |
-209.314,24 |
|
|
|
|
|
Legal fringe benefits and other payments depending on
salaries |
-1.711.962,80 |
|
|
|
|
|
Other social fringe benefits |
-137.733,15 |
|
|
|
|
|
Personnel expenses totally |
-9.401.037,49 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated
expenses for the set up and expansion of business operation |
-588.818,62 |
|
|
|
|
|
Depreciation tangible assets / intangible assets
totally |
-588.818,62 |
|
|
|
|
|
|
|||||
|
Other operating costs |
-4.838.109,31 |
|
|
|
|
|
Other taxes |
-9.127,78 |
|
|
|
|
|
Total costs |
-4.847.237,09 |
|
|
|
|
|
|
|||||
|
Operating result totally |
2.319.361,24 |
|
|
|
|
|
|
|||||
|
Income from other securities and loans of financial
assets |
24.614,46 |
|
|
|
|
|
Profits from the retirement of and investment in financial
assets and securities of current assets |
19.031,66 |
|
|
|
|
|
Interest income, securties income and similar income |
15.313,11 |
|
|
|
|
|
Disbursements from other financial assets and from
securities of current assets (e.g. depreciations) |
-313.163,27 |
|
|
|
|
|
Interest and similar disbursements |
-76.835,39 |
|
|
|
|
|
Financial profits totally |
-331.039,43 |
|
|
|
|
|
|
|||||
|
Results from usual business activity
totally |
1.988.321,81 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-488.483,00 |
|
|
|
|
|
Taxes on income and profits totally |
-488.483,00 |
|
|
|
|
|
Annual surplus/annual deficit
totally |
1.499.838,81 |
|
|
|
|
|
|
|||||
|
Annual profit/annual loss
totally |
1.499.838,81 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
8.416.740,71 |
|
|
|
|
|
Transfer of profits totally |
8.416.740,71 |
|
|
|
|
|
B/S profit/ B/S loss from profit and
loss account |
9.916.579,52 |
|
|
|
|
|
|
2012 |
|
|
|
|
|
|
Cash flow II |
2.088.657,43 |
|
|
|
|
|
|
Debt amortisation period |
2,67 |
|
|
|
|
|
|
Bank indebtedness |
17,95 |
|
|
|
|
|
|
Equity capital share |
54,73 |
|
|
|
|
|
|
Social capital share |
0,00 |
|
|
|
|
|
|
Fixed assets coverage |
215,12 |
|
|
|
|
|
|
Net profit ratio |
0,00 |
|
|
|
|
|
|
Capital turnover |
0,00 |
|
|
|
|
|
|
Return on investment |
10,85 |
|
|
|
|
|
|
Cash flow in % of operating performance |
0,00 |
|
|
|
|
|
|
Cash flow I |
2.577.140,43 |
|
|
|
|
|
|
Gross productivity |
0,00 |
|
|
|
|
|
|
Net productivity |
0,00 |
|
|
|
|
|
|
Operating performance |
0,00 |
|
|
|
|
|
|
Inventories in % of operating performance |
0,00 |
|
|
|
|
|
|
Gross profit |
16.196.907,26 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Raiffeisenstraße 8, A-6832 Sulz Röthis |
registered office |
|
|
|
|
|
operational |
Raiffeisenstraße 8, A-6832 Sulz Röthis |
registered headquarters, owned property |
|
|
|
headoffice@baur.at |
|
former |
Rebhalde 15, A-6832 Röthis |
registered office |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
|
|
|
|
||||
|
Ing. Martin Baur |
Rebhalde 15, A-6832 Röthis |
98.5 % 1997-10-24 |
|
|
|
Valentine Baur |
Rebhalde 15, A-6832 Röthis |
1.5 % 1997-10-24 |
|
|
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
Raiffeisenbank Vorderland, 6832 Sulz/Röthis |
37475 |
main bank connection |
|
UniCredit Bank Austria AG, 6901 Bregenz |
12000 |
secondary banking connection |
|
Year of incorporation: |
1945 |
|
Date of registration: |
1987-02-27 |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2003-09-16 |
ATS 501.000,00 |
|
2003-09-16 |
|
EUR 38.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
1998-01-09 |
manager |
Dipl-Ing. Jürgen Wonnay |
|
|
2002-11-01 |
manager |
Gernoth Dobianer |
|
1998-01-09 |
2009-01-29 |
manager |
Ing. Martin Baur |
|
2009-01-29 |
2014-01-22 |
manager |
Dipl-Ing. Gerd Alfred Kupper |
|
2008-01-30 |
2009-01-29 |
individual signing clerk |
Dipl-Ing. Gerd Alfred Kupper |
|
2009-07-18 |
2014-04-26 |
joint signing clerk |
Dr. Christian Hoffmann |
|
2009-07-17 |
2010-04-30 |
joint signing clerk |
Wolfgang Bosse |
|
2009-07-17 |
2010-04-30 |
joint signing clerk |
Wolfgang Walser |
|
|
2013-07-13 |
joint signing clerk |
Mag. Thomas Smetana |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
1992-03-16 |
1998-10-16 |
Baur Prüf- und Messtechnik Gesellschaft m.b.H. & Co.
KG |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.07 |
|
|
1 |
Rs.99.20 |
|
Euro |
1 |
Rs.80.53 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
PDT |
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 SCs 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.