|
Report Date : |
17.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
ISOVOLTA AG |
|
|
|
|
Formerly Known As : |
ISOVOLTA ÖSTERREICHISCHE ISOLIERSTOFFWERKE AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
IZ NÖ-Süd , A-2355 Wiener Neudorf |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
25.11.1970 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No of Employees : |
412 |
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: |
2014-10-14 |
|
Company name: |
ISOVOLTA AG |
|
Status: |
active company |
|
Locations: |
IZ NÖ-Süd , A-2355 Wiener Neudorf |
|
Phone: |
0043 (5) 9595 |
|
Fax: |
0043 (5) 9595 - 79124 |
|
E-mail: |
info@isovolta.com |
|
Internet: |
http://www.isovolta.com |
|
Activities: |
Önace 23990 50% Manufacture of other non-metallic mineral products
n.e.c. |
|
|
Önace 22299 50% Manufacture of other plastic products n.e.c. |
|
|
|
|
General Assessment: |
Model: CompanyScore |
|
Probability of Default (Basel II): |
0,06% 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: |
Merchandise is mainly imported. Domestic obligations are settled
within net agreements. |
|
|
Financial situation is good. |
|
Year of
incorporation: |
1949 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
joint stock company since 1970-10-23 |
|
||||
|
companies' house
number: |
FN 80592 v Wiener Neustadt 1970-11-25 |
|
||||
|
ARA-number: |
326 |
|
||||
|
VAT number: |
ATU 14243102 |
|
||||
|
number - Austrian
National Bank: |
423785 |
|
||||
|
|
|
|||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
world-wide |
|
2014 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
world-wide |
|
2014 |
|
|
total turnover (total sales) |
2013 |
EUR 111.289.970,79 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR 115.057.743,27 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 109.428.107,08 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 102.144.520,44 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 204.551.578,11 |
(exact) |
|
total employees |
2014 |
412 |
(approx.) |
|
total employees |
2013 |
392 |
(average) |
|
total employees |
2012 |
426 |
(average) |
|
total company vehicles |
2014 |
45 |
(approx.) |
|
Letzte Eintragung am 03.09.2014 mit der Eintragungsnummer 78 |
|
FIRMA: |
|
36 ISOVOLTA AG |
|
RECHTSFORM: |
|
1 Aktiengesellschaft |
|
SITZ in: |
|
16 politischer Gemeinde Wiener Neudorf |
|
GESCHÄFTSANSCHRIFT: |
|
1 IZ NÖ-Süd 2355 Wiener Neudorf |
|
KAPITAL: |
|
32 EUR 15.000.000 |
|
ART der AKTIEN: |
|
41 15.000.000 Stückaktien |
|
STICHTAG für JAHRESABSCHLUSS: |
|
1 31. Dezember |
|
JAHRESABSCHLUSS: |
|
78 zum 31.12.2013 eingereicht am 29.08.2014 |
|
VERTRETUNGSBEFUGNIS: |
|
1
Die Gesellschaft wird, wenn mehrere Vorstandsmitglieder |
|
SONSTIGE BESTIMMUNGEN: |
|
1
Der Vorstand besteht aus einer, zwei, drei, vier |
|
ART DER BEKANNTMACHUNG: |
|
1
Die Bekanntmachungen der Gesellschaft erfolgen im |
|
VORSTAND: |
|
AS
Mag. Heinz Riedler, geb. 17.12.1964 |
|
PROKURIST: |
|
AC
Peter Riess, geb. 25.03.1953 |
|
AUFSICHTSRAT: |
|
AD
Dkfm. Hans Herzog, geb. 11.01.1945 |
|
PERSONEN: |
|
22
AC Peter Riess, geb.
25.03.1953 |
|
VOLLZUGSÜBERSICHT: |
|
Handelsgericht Wien |
|
Registration number of real estate 961 Cadastral register 63292 Werndorf ST Number and date of entry 4180/2014 Status of 2014-05-09 |
|
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 : |
|
4
a 20189/1968 |
|
Surname
|
Date of birth
|
Address
|
Executive positions
|
Further executive positions (as registered in the companies' house) |
|
Michael Ausserwinkler |
1980-06-14 |
2355 Wiener Neudorf IZ NÖ-Süd |
joint signing clerk |
0 |
|
Monika Ursula Etzel
|
1965-02-03
|
2651 Edlach Rax Dr. Theodor Herzlgasse 11 |
joint signing clerk, head of personnel
|
0
|
|
MBA. Franz Moosbeckhofer |
1964-03-11
|
8600 Bruck Mur Fabrikstraße 19 |
joint signing clerk
|
0
|
|
Peter Riess
|
1953-03-25
|
1160 Wien Mardersbergerstraße 1 |
joint signing clerk, head of accounting
|
0
|
|
Dipl-Ing.Dr. Peter Höllwarth |
1967-08-04
|
4550 Kremsmünster Hausleitnerweg 21 |
member of the executive board
|
0
|
|
Mag. Heinz Riedler |
1964-12-17 |
4073 Wilhering Schulstraße 20 |
member of the executive board |
0 |
|
Stanislaus Turnauer |
1970-11-05 |
1030 Wien Jauresgasse 11 |
chairman of the supervisory board |
12 |
|
Dkfm. Hans Herzog |
1945-01-11 |
1010 Wien Opernring 17 |
deputy chairman of the supervisory board |
22 |
|
Dipl-Ing.Dr. Alexander Hartig |
1954-12-19
|
1010 Wien Opernring 17
|
member of the supervisory board
|
7
|
|
Gioacchino Malfatti-di-Monteretto |
1924-02-29
|
2355 Wiener Neudorf Industriezentrum NÖ Süd (c/o) |
member of the supervisory board
|
0
|
|
Vitus Riedl |
1977-11-19 |
8402 Werndorf Vianovastraße 20 |
member of the supervisory board |
0 |
|
Alfred Schimpel
|
1980-05-16
|
8505 St. Nikolai Sausal Petzles 17 |
member of the supervisory board
|
0
|
|
Ing.Mag.Dr. Erlfried Taurer |
1967-03-10
|
1010 Wien Opernring 19
|
member of the supervisory board
|
9
|
|
Peter Vratny
|
1964-01-26
|
2355 Wiener Neudorf Industriezentrum NÖ Süd (c/o) |
member of the supervisory board
|
0
|
|
Prof. Stephan von-Friedberg |
1932-02-14
|
3034 Maria Anzbach Au 25
|
member of the supervisory board
|
2
|
|
Dipl-Ing. Robert Flamm
|
|
2355 Wiener Neudorf Industriezentrum NÖ Süd (c/o) |
head of EDP
|
0
|
all amounts in EUR
|
|
2013-12-31 |
Diff. % |
2012-12-31 |
Diff. % |
2011-12-31 |
|
Special account intangible assets |
327.732,00 |
|
|
|
|
|
Franchises, patents, licences, trademarks and similar rights and advantages |
|
|
|
|
357.748,00 |
|
Intangible assets |
|
|
422.125,00 |
|
|
|
Sum intangible assets |
327.732,00 |
-22,36 |
422.125,00 |
18,00 |
357.748,00 |
|
|
|||||
|
Land without buildings |
1.314.201,92 |
0,00 |
1.314.201,92 |
0,00 |
1.314.201,92 |
|
Land with buildings (basic value) |
2.410.205,86 |
|
|
|
2.410.205,86 |
|
Land with buildings (building value) |
11.451.059,00 |
-22,01 |
14.682.402,86 |
12,85 |
13.011.021,00 |
|
Other operating and business equipment |
944.189,00 |
-30,34 |
1.355.332,00 |
-15,50 |
1.603.932,00 |
|
Technical plants and machines |
9.376.053,00 |
-18,08 |
11.445.406,00 |
-6,51 |
12.241.955,00 |
|
Advanced payments and constructions in progress |
3.417.232,03 |
8,84 |
3.139.800,16 |
81,40 |
1.730.856,02 |
|
Sum tangible assets |
28.912.940,81 |
-9,47 |
31.937.142,94 |
-1,16 |
32.312.171,80 |
|
|
|||||
|
Shares on related firms |
36.320.012,63 |
0,00 |
36.320.002,63 |
-4,13 |
37.883.906,05 |
|
Other shareholdings |
1.383.345,86 |
0,00 |
1.383.345,86 |
0,00 |
1.383.345,86 |
|
Other financial assets, values and securities of fixed assets |
724.393,67 |
-0,09 |
725.034,10 |
-18,11 |
885.367,37 |
|
Sum financial assets |
38.427.752,16 |
0,00 |
38.428.382,59 |
-4,29 |
40.152.619,28 |
|
|
|||||
|
Sum fixed assets |
67.668.424,97 |
-4,41 |
70.787.650,53 |
-2,79 |
72.822.539,08 |
|
|
|||||
|
Raw-, auxiliary materials and supplies |
6.298.623,69 |
-19,00 |
7.776.419,08 |
20,24 |
6.467.520,50 |
|
Unfinished products |
2.973.294,75 |
-20,91 |
3.759.398,43 |
28,17 |
2.933.246,55 |
|
Finished products |
4.104.168,70 |
-21,43 |
5.223.726,14 |
-6,17 |
5.566.943,67 |
|
Sum stock |
13.376.087,14 |
-20,19 |
16.759.543,65 |
11,97 |
14.967.710,72 |
|
|
|||||
|
Claims from delivered goods and performed services |
16.164.185,31 |
-0,36 |
16.222.779,24 |
3,23 |
15.715.817,29 |
|
Claims against companies with shareholding relationship |
225.823,61 |
738,73 |
26.924,47 |
-74,90 |
107.254,59 |
|
Claims against related firmes Claims against companies with shareholding relationship |
4.716.272,71 |
-27,87 |
6.538.455,12 |
-91,01 |
72.719.832,68 |
|
Other claims and assets |
1.039.408,22 |
|
|
|
975.897,90 |
|
Special account claims |
|
|
701.741,97 |
|
|
|
Sum claims |
22.145.689,85 |
-5,72 |
23.489.900,80 |
-73,76 |
89.518.802,46 |
|
|
|||||
|
Cash on hand, cheques and bank deposits |
18.044,70 |
-95,85 |
434.687,61 |
-34,41 |
662.733,56 |
|
Sum cash and bank |
18.044,70 |
-95,85 |
434.687,61 |
-34,41 |
662.733,56 |
|
|
|||||
|
Sum current assets |
35.539.821,69 |
-12,64 |
40.684.132,06 |
-61,31 |
105.149.246,74 |
|
|
|||||
|
Deferred charges |
2.998.713,18 |
-1,95 |
3.058.309,52 |
8,78 |
2.811.542,63 |
|
Sum deferred charges |
2.998.713,18 |
-1,95 |
3.058.309,52 |
8,78 |
2.811.542,63 |
|
Assets |
106.206.959,84 |
-7,27 |
114.530.092,11 |
-36,65 |
180.783.328,45 |
|
|
|||||
|
Subscribed/declared capital |
15.000.000,00 |
0,00 |
15.000.000,00 |
0,00 |
15.000.000,00 |
|
Legal reserves |
1.500.000,00 |
0,00 |
1.500.000,00 |
0,00 |
1.500.000,00 |
|
Balance sheet profit/balance sheet loss |
58.713.469,86 |
23,68 |
47.470.738,48 |
-64,01 |
131.886.196,19 |
|
Thereof profit/loss carried forward |
47.470.738,48 |
44,35 |
32.886.196,19 |
-22,86 |
42.631.355,48 |
|
Sum equity capital |
75.213.469,86 |
17,57 |
63.970.738,48 |
-56,89 |
148.386.196,19 |
|
|
|||||
|
Other reserves before taxes |
540.532,00 |
|
|
|
|
|
Valuation reserves and other reserves before taxes |
|
|
587.999,00 |
-2,55 |
603.411,00 |
|
Sum reserves before taxes |
540.532,00 |
-8,07 |
587.999,00 |
-2,55 |
603.411,00 |
|
|
|||||
|
Reserves for severance pays |
4.146.266,00 |
-7,83 |
4.498.644,00 |
14,98 |
3.912.376,00 |
|
Reserves for pensions |
1.976.511,00 |
-5,76 |
2.097.210,00 |
4,39 |
2.008.934,00 |
|
Other reserves |
5.792.607,08 |
5,52 |
5.489.599,58 |
-21,55 |
6.997.374,46 |
|
Sum reserves |
11.915.384,08 |
-1,41 |
12.085.453,58 |
-6,45 |
12.918.684,46 |
|
|
|||||
|
Liabilities against credit institutes |
108.534,06 |
875174,68 |
12,40 |
-9,09 |
13,64 |
|
Liabilities from delivered goods and performed services |
10.133.424,27 |
17,17 |
8.648.596,36 |
-5,80 |
9.181.270,10 |
|
Liabilities against related firms |
6.244.513,62 |
-75,78 |
25.780.761,95 |
766,32 |
2.975.886,88 |
|
Liabilities against firm with shareholding relationship |
18.655,95 |
-98,13 |
999.728,06 |
-70,32 |
3.368.554,65 |
|
Other liabilities |
2.027.668,26 |
-17,22 |
2.449.440,12 |
-26,87 |
3.349.311,53 |
|
Sum liabilities |
18.532.796,16 |
-51,07 |
37.878.538,89 |
100,68 |
18.875.036,80 |
|
|
|||||
|
Deferred income |
4.777,74 |
-35,10 |
7.362,16 |
|
|
|
Sum deferred income |
4.777,74 |
-35,10 |
7.362,16 |
|
|
|
Liabilities |
106.206.959,84 |
-7,27 |
114.530.092,11 |
-36,65 |
180.783.328,45 |
|
|
|||||
|
Contingent liabilities |
753.128,58 |
|
|
|
|
|
Balance sheet sum |
106.206.959,84 |
-7,27 |
114.530.092,11 |
-36,65 |
180.783.328,45 |
|
|
2013-12-31 |
2012-12-31 |
2011-12-31 |
|
|
|
Special account intangible assets |
0,31 |
|
|
|
|
|
Franchises, patents, licences, trademarks and similar rights and advantages |
|
|
0,20 |
|
|
|
Intangible assets |
|
0,37 |
|
|
|
|
Sum intangible assets |
0,31 |
0,37 |
0,20 |
|
|
|
|
|||||
|
Land without buildings |
1,24 |
1,15 |
0,73 |
|
|
|
Land with buildings (basic value) |
2,27 |
|
1,33 |
|
|
|
Land with buildings (building value) |
10,78 |
12,82 |
7,20 |
|
|
|
Other operating and business equipment |
0,89 |
1,18 |
0,89 |
|
|
|
Technical plants and machines |
8,83 |
9,99 |
6,77 |
|
|
|
Advanced payments and constructions in progress |
3,22 |
2,74 |
0,96 |
|
|
|
Sum tangible assets |
27,22 |
27,89 |
17,87 |
|
|
|
|
|||||
|
Shares on related firms |
34,20 |
31,71 |
20,96 |
|
|
|
Other shareholdings |
1,30 |
1,21 |
0,77 |
|
|
|
Other financial assets, values and securities of fixed assets |
0,68 |
0,63 |
0,49 |
|
|
|
Sum financial assets |
36,18 |
33,55 |
22,21 |
|
|
|
|
|||||
|
Sum fixed assets |
63,71 |
61,81 |
40,28 |
|
|
|
|
|||||
|
Raw-, auxiliary materials and supplies |
5,93 |
6,79 |
3,58 |
|
|
|
Unfinished products |
2,80 |
3,28 |
1,62 |
|
|
|
Finished products |
3,86 |
4,56 |
3,08 |
|
|
|
Sum stock |
12,59 |
14,63 |
8,28 |
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
15,22 |
14,16 |
8,69 |
|
|
|
Claims against companies with shareholding relationship |
0,21 |
0,02 |
0,06 |
|
|
|
Claims against related firmes Claims against companies with shareholding relationship |
4,44 |
5,71 |
40,22 |
|
|
|
Other claims and assets |
0,98 |
|
0,54 |
|
|
|
Special account claims |
|
0,61 |
|
|
|
|
Sum claims |
20,85 |
20,51 |
49,52 |
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
0,02 |
0,38 |
0,37 |
|
|
|
Sum cash and bank |
0,02 |
0,38 |
0,37 |
|
|
|
|
|||||
|
Sum current assets |
33,46 |
35,52 |
58,16 |
|
|
|
|
|||||
|
Deferred charges |
2,82 |
2,67 |
1,56 |
|
|
|
Sum deferred charges |
2,82 |
2,67 |
1,56 |
|
|
|
Assets |
100,00 |
100,00 |
100,00 |
|
|
|
|
|||||
|
Subscribed/declared capital |
14,12 |
13,10 |
8,30 |
|
|
|
Legal reserves |
1,41 |
1,31 |
0,83 |
|
|
|
Balance sheet profit/balance sheet loss |
55,28 |
41,45 |
72,95 |
|
|
|
Thereof profit/loss carried forward |
44,70 |
28,71 |
23,58 |
|
|
|
Sum equity capital |
70,82 |
55,85 |
82,08 |
|
|
|
|
|||||
|
Other reserves before taxes |
0,51 |
|
|
|
|
|
Valuation reserves and other reserves before taxes |
|
0,51 |
0,33 |
|
|
|
Sum reserves before taxes |
0,51 |
0,51 |
0,33 |
|
|
|
|
|||||
|
Reserves for severance pays |
3,90 |
3,93 |
2,16 |
|
|
|
Reserves for pensions |
1,86 |
1,83 |
1,11 |
|
|
|
Other reserves |
5,45 |
4,79 |
3,87 |
|
|
|
Sum reserves |
11,22 |
10,55 |
7,15 |
|
|
|
|
|||||
|
Liabilities against credit institutes |
0,10 |
0,00 |
0,00 |
|
|
|
Liabilities from delivered goods and performed services |
9,54 |
7,55 |
5,08 |
|
|
|
Liabilities against related firms |
5,88 |
22,51 |
1,65 |
|
|
|
Liabilities against firm with shareholding relationship |
0,02 |
0,87 |
1,86 |
|
|
|
Other liabilities |
1,91 |
2,14 |
1,85 |
|
|
|
Sum liabilities |
17,45 |
33,07 |
10,44 |
|
|
|
|
|||||
|
Deferred income |
0,00 |
0,01 |
|
|
|
|
Sum deferred income |
0,00 |
0,01 |
|
|
|
|
Liabilities |
100,00 |
100,00 |
100,00 |
|
|
|
|
|||||
|
Contingent liabilities |
0,71 |
|
|
|
|
|
Balance sheet sum |
100,00 |
100,00 |
100,00 |
|
|
all amounts in EUR
|
|
2013-12-31 |
Diff. % |
2012-12-31 |
Diff. % |
2011-12-31 |
|
Gross sales |
111.289.970,79 |
-3,27 |
115.057.743,27 |
5,14 |
109.428.107,08 |
|
Increase or decrease in finished and unfinished goods and in service claims |
-1.831.368,03 |
-363,72 |
694.435,83 |
-63,09 |
1.881.297,42 |
|
Total turnover or gross profit |
109.458.602,76 |
-5,44 |
115.752.179,10 |
3,99 |
111.309.404,50 |
|
|
|||||
|
Profits from retirement of fixed assets, except financial assets |
66.380,22 |
130,48 |
28.801,01 |
-92,76 |
397.730,66 |
|
Income from dissolution of reserves |
912.237,04 |
-37,74 |
1.465.301,17 |
-55,53 |
3.294.946,47 |
|
Other operating profits |
4.438.294,06 |
4,39 |
4.251.849,05 |
-64,94 |
12.128.347,48 |
|
Other operating profits totally |
5.416.911,32 |
-5,73 |
5.745.951,23 |
-63,68 |
15.821.024,61 |
|
|
|||||
|
Costs for obtained services |
-6.073.595,59 |
-3,75 |
-5.853.860,73 |
-3,69 |
-5.645.607,75 |
|
Material costs |
-56.248.440,90 |
8,48 |
-61.459.140,21 |
-5,48 |
-58.266.254,06 |
|
Costs for obtained services totally |
-62.322.036,49 |
7,41 |
-67.313.000,94 |
-5,32 |
-63.911.861,81 |
|
|
|||||
|
Wages |
-9.209.473,40 |
0,33 |
-9.239.665,87 |
-7,51 |
-8.594.047,05 |
|
Salaries |
-12.323.492,58 |
-2,81 |
-11.986.213,81 |
-8,17 |
-11.080.647,15 |
|
Costs for severance pays |
-536.577,80 |
5,64 |
-568.645,51 |
51,68 |
-1.176.942,59 |
|
Costs for old age pension |
-60.333,14 |
45,46 |
-110.628,79 |
-239,58 |
79.258,54 |
|
Legal fringe benefits and other payments depending on salaries |
-5.530.570,40 |
5,03 |
-5.823.712,49 |
-5,96 |
-5.496.321,95 |
|
Other social fringe benefits |
-465.293,90 |
-9,22 |
-426.021,20 |
2,37 |
-436.340,94 |
|
Personnel expenses totally |
-28.125.741,22 |
0,10 |
-28.154.887,67 |
-5,43 |
-26.705.041,14 |
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses for the set up and expansion of business operation |
-4.178.832,47 |
12,64 |
-4.783.646,39 |
6,86 |
-5.136.213,06 |
|
Depreciation tangible assets / intangible assets totally |
-4.178.832,47 |
12,64 |
-4.783.646,39 |
6,86 |
-5.136.213,06 |
|
|
|||||
|
Other operating costs |
-16.593.068,34 |
7,72 |
-17.980.855,59 |
4,13 |
-18.755.434,20 |
|
Other taxes |
-91.668,96 |
19,44 |
-113.796,17 |
22,94 |
-147.671,18 |
|
Total costs |
-16.684.737,30 |
7,79 |
-18.094.651,76 |
4,28 |
-18.903.105,38 |
|
|
|||||
|
Operating result totally |
3.564.166,60 |
13,08 |
3.151.943,57 |
-74,73 |
12.474.207,72 |
|
|
|||||
|
Profits from shareholdings |
9.831.664,61 |
-35,50 |
15.242.633,14 |
173,73 |
5.568.400,00 |
|
Income from other securities and loans of financial assets |
621.841,77 |
-3,81 |
646.473,70 |
6,75 |
605.575,88 |
|
Profits from the retirement of and investment in financial assets and securities of current assets |
|
|
28.416,73 |
6896,27 |
406,17 |
|
Interest income, securties income and similar income |
36.189,26 |
-86,36 |
265.257,54 |
-60,37 |
669.349,37 |
|
Disbursements from other financial assets and from securities of current assets (e.g. depreciations) |
-636.345,81 |
73,97 |
-2.444.928,12 |
-221,30 |
-760.939,40 |
|
Interest and similar disbursements |
-1.349.746,19 |
17,05 |
-1.627.199,30 |
-183,94 |
-573.071,32 |
|
Financial profits totally |
8.503.603,64 |
-29,78 |
12.110.653,69 |
119,81 |
5.509.720,70 |
|
|
|||||
|
Results from usual business activity totally |
12.067.770,24 |
-20,93 |
15.262.597,26 |
-15,13 |
17.983.928,42 |
|
|
|||||
|
Taxes on income and profits |
-872.505,86 |
-25,82 |
-693.466,97 |
81,48 |
-3.743.474,38 |
|
Taxes on income and profits totally |
-872.505,86 |
-25,82 |
-693.466,97 |
81,48 |
-3.743.474,38 |
|
Annual surplus/annual deficit totally |
11.195.264,38 |
-23,16 |
14.569.130,29 |
2,31 |
14.240.454,04 |
|
|
|||||
|
Dissolution reserves before taxes |
47.467,00 |
207,99 |
15.412,00 |
7,13 |
14.386,67 |
|
Dissolution capital reserves |
|
|
|
|
75.000.000,00 |
|
Reserves movements totally |
47.467,00 |
207,99 |
15.412,00 |
-99,98 |
75.014.386,67 |
|
Annual profit/annual loss totally |
11.242.731,38 |
-22,91 |
14.584.542,29 |
-83,66 |
89.254.840,71 |
|
|
|||||
|
Profit and loss carried forward from previous year |
47.470.738,48 |
44,35 |
32.886.196,19 |
-22,86 |
42.631.355,48 |
|
Transfer of profits totally |
47.470.738,48 |
44,35 |
32.886.196,19 |
-22,86 |
42.631.355,48 |
|
B/S profit/ B/S loss from profit and loss account |
58.713.469,86 |
23,68 |
47.470.738,48 |
-64,01 |
131.886.196,19 |
|
|
2013-12-31 |
2012-12-31 |
2011-12-31 |
|
|
|
Gross sales |
101,67 |
99,40 |
98,31 |
|
|
|
Increase or decrease in finished and unfinished goods and in service claims |
-1,67 |
0,60 |
1,69 |
|
|
|
Total turnover or gross profit |
100,00 |
100,00 |
100,00 |
|
|
|
|
|||||
|
Profits from retirement of fixed assets, except financial assets |
0,06 |
0,02 |
0,36 |
|
|
|
Income from dissolution of reserves |
0,83 |
1,27 |
2,96 |
|
|
|
Other operating profits |
4,05 |
3,67 |
10,90 |
|
|
|
Other operating profits totally |
4,95 |
4,96 |
14,21 |
|
|
|
|
|||||
|
Costs for obtained services |
-5,55 |
-5,06 |
-5,07 |
|
|
|
Material costs |
-51,39 |
-53,10 |
-52,35 |
|
|
|
Costs for obtained services totally |
-56,94 |
-58,15 |
-57,42 |
|
|
|
|
|||||
|
Wages |
-8,41 |
-7,98 |
-7,72 |
|
|
|
Salaries |
-11,26 |
-10,36 |
-9,95 |
|
|
|
Costs for severance pays |
-0,49 |
-0,49 |
-1,06 |
|
|
|
Costs for old age pension |
-0,06 |
-0,10 |
0,07 |
|
|
|
Legal fringe benefits and other payments depending on salaries |
-5,05 |
-5,03 |
-4,94 |
|
|
|
Other social fringe benefits |
-0,43 |
-0,37 |
-0,39 |
|
|
|
Personnel expenses totally |
-25,70 |
-24,32 |
-23,99 |
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses for the set up and expansion of business operation |
-3,82 |
-4,13 |
-4,61 |
|
|
|
Depreciation tangible assets / intangible assets totally |
-3,82 |
-4,13 |
-4,61 |
|
|
|
|
|||||
|
Other operating costs |
-15,16 |
-15,53 |
-16,85 |
|
|
|
Other taxes |
-0,08 |
-0,10 |
-0,13 |
|
|
|
Total costs |
-15,24 |
-15,63 |
-16,98 |
|
|
|
|
|||||
|
Operating result totally |
3,26 |
2,72 |
11,21 |
|
|
|
|
|||||
|
Profits from shareholdings |
8,98 |
13,17 |
5,00 |
|
|
|
Income from other securities and loans of financial assets |
0,57 |
0,56 |
0,54 |
|
|
|
Profits from the retirement of and investment in financial assets and securities of current assets |
|
0,02 |
0,00 |
|
|
|
Interest income, securties income and similar income |
0,03 |
0,23 |
0,60 |
|
|
|
Disbursements from other financial assets and from securities of current assets (e.g. depreciations) |
-0,58 |
-2,11 |
-0,68 |
|
|
|
Interest and similar disbursements |
-1,23 |
-1,41 |
-0,51 |
|
|
|
Financial profits totally |
7,77 |
10,46 |
4,95 |
|
|
|
|
|||||
|
Results from usual business activity totally |
11,02 |
13,19 |
16,16 |
|
|
|
|
|||||
|
Taxes on income and profits |
-0,80 |
-0,60 |
-3,36 |
|
|
|
Taxes on income and profits totally |
-0,80 |
-0,60 |
-3,36 |
|
|
|
Annual surplus/annual deficit totally |
10,23 |
12,59 |
12,79 |
|
|
|
|
|||||
|
Dissolution reserves before taxes |
0,04 |
0,01 |
0,01 |
|
|
|
Dissolution capital reserves |
|
|
67,38 |
|
|
|
Reserves movements totally |
0,04 |
0,01 |
67,39 |
|
|
|
Annual profit/annual loss totally |
10,27 |
12,60 |
80,19 |
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
43,37 |
28,41 |
38,30 |
|
|
|
Transfer of profits totally |
43,37 |
28,41 |
38,30 |
|
|
|
B/S profit/ B/S loss from profit and loss account |
53,64 |
41,01 |
118,49 |
|
|
|
|
2013 |
Diff. % |
2012 |
Diff. % |
2011 |
Key industry sector
average |
|
Cash flow II |
15.374.096,85 |
-20,56 |
19.352.776,68 |
-0,12 |
19.376.667,10 |
|
|
Debt amortisation period |
1,97 |
-22,75 |
2,55 |
+59,38 |
1,60 |
4,45 |
|
Bank indebtedness |
0,10 |
0,00 |
0,00 |
0,00 |
0,00 |
28,91 |
|
Equity capital share |
71,32 |
+26,54 |
56,36 |
-31,61 |
82,41 |
26,33 |
|
Social capital share |
5,76 |
+0,17 |
5,75 |
+75,84 |
3,27 |
1,93 |
|
Fixed assets coverage |
120,99 |
+20,38 |
100,51 |
-52,75 |
212,72 |
140,13 |
|
Net profit ratio |
11,02 |
-16,39 |
13,18 |
-18,39 |
16,15 |
3,72 |
|
Capital turnover |
1,03 |
+1,98 |
1,01 |
+65,57 |
0,61 |
1,73 |
|
Return on investment |
12,63 |
-14,31 |
14,74 |
+43,66 |
10,26 |
8,03 |
|
Cash flow in % of operating performance |
14,04 |
-15,98 |
16,71 |
-3,97 |
17,40 |
7,30 |
|
Cash flow I |
16.246.602,71 |
-18,95 |
20.046.243,65 |
-13,30 |
23.120.141,48 |
|
|
Gross productivity |
3,89 |
-5,35 |
4,11 |
-1,20 |
4,16 |
3,70 |
|
Net productivity |
1,67 |
-2,91 |
1,72 |
-2,82 |
1,77 |
1,90 |
|
Operating performance |
109.458.602,76 |
-5,44 |
115.752.179,10 |
+3,99 |
111.309.404,50 |
|
|
Inventories in % of operating performance |
12,22 |
-15,55 |
14,47 |
+7,66 |
13,44 |
11,36 |
|
Gross profit |
47.136.566,27 |
-2,69 |
48.439.178,16 |
+2,20 |
47.397.542,69 |
|
*The industry average values of the ratios are calculated on the base of anonymized balance sheet data of Austrian companies, and are provided by KMU FORSCHUNG AUSTRIA (Austrian Institute for SME Research).
|
Key industry sector
comparsion |
|
|
Equity capital
share |
Equity Quota of this company is better than industry average. |
|
Cash flow in % of
operating performance |
Cash-Flow of this company is better than industry average. |
|
Return on
investment |
Return on Investment of this company is better than industry average. |
|
Debt amortisation
period |
Dynamic Debt Equity Ratio of this company is better than industry average. |
|
Type |
Locations |
Description |
|
|
|
|
|
operational |
IZ NÖ-Süd , A-2355 Wiener Neudorf |
registered office |
|
|
|
|
|
operational |
IZ NÖ-Süd , A-2355 Wiener Neudorf |
registered headquarters, owned property |
|
|
|
info@isovolta.com |
|
operational |
Vianovastraße 20, A-8402 Werndorf |
factory, owned property |
|
|
|
|
|
former |
Isovoltastraße 1, A-8403 Lebring |
factory |
|
|
|
|
|
former |
Nordlandstraße 1, A-3300 Greinsfurth |
factory |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
Companies House |
|
Shares in this company are held by: |
|
|
|
|
Constantia Energy & Technical Components GmbH |
Opernring 19, A-1010 Wien |
99.9 %
|
FN 257513 x
|
|
Constantia Woods & Decoratives GmbH |
Opernring 19, A-1010 Wien |
0.1 %
|
FN 86795 s
|
|
|
|
|
|
|
Affiliated companies and further participations: |
|
|
|
|
FunderMax GmbH
|
Klagenfurterstraße 87-89, A-9300 St. Veit Glan |
|
FN 90081 y
|
|
ISOVOLTAIC AG
|
Isovoltaicstraße 1, A-8403 Lebring |
|
FN 285789 d
|
|
FunderMax Holding AG
|
IZ NÖ-Süd, Straße 3, Objekt 1, A-2355 Wiener Neudorf |
|
FN 85197 s
|
|
Constantia Sports GmbH
|
IZ NÖ-Süd , A-2355 Wiener Neudorf |
|
FN 256555 m
|
|
Constantia Surfaces GmbH
|
Opernring 19, A-1010 Wien |
|
FN 265903 i
|
|
Constantia Industries AG
|
Opernring 19, A-1010 Wien |
|
FN 88206 s
|
|
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
|
Raiffeisen Bank International AG, 1011 Wien
|
31000
|
main bank connection
|
|
|
UniCredit Bank Austria AG, 1011 Wien
|
12000
|
secondary banking connection
|
|
|
Erste Bank der oesterreichischen Sparkassen AG, 1011 Wien
|
20111
|
secondary banking connection
|
|
|
|
|
||
|
Year of incorporation: |
1949 |
|
Date of registration: |
1970-11-25 |
|
Change of company
name: |
||
|
From |
To |
Company name |
|
2000-05-22 |
2002-07-26 |
Isovolta Österreichische Isolierstoffwerke Aktiengesellschaft |
|
2002-07-26 |
|
ISOVOLTA AG |
|
|
2000-05-22 |
Isovolta - Österreichische Isolierstoffwerke Aktiengesellschaft |
|
Change in share
capital: |
||
|
From |
To |
Capital |
|
|
2001-05-11 |
ATS 100.000.000,00 |
|
2001-05-11 |
|
EUR 15.000.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
1994-09-23 |
joint signing clerk |
Ing. Klaus Böhm |
|
|
1994-09-23 |
joint signing clerk |
Mag.Dr. Wolfgang Breinbauer |
|
1998-05-06 |
1994-09-23 |
joint signing clerk |
Peter Riess |
|
|
1996-08-23 |
joint signing clerk |
Dipl-Ing. Johann Rothschedl |
|
|
1997-11-01 |
joint signing clerk |
Ing.Mag. Klaus Kölbl |
|
|
2000-02-29 |
joint signing clerk |
Dipl-Ing. Helmut Payer |
|
|
2001-01-04 |
joint signing clerk |
Dipl-Ing. Gerhard Schwander |
|
1999-12-31 |
2001-01-04 |
joint signing clerk |
Dipl-Ing. Kurt Waniek |
|
1994-02-23 |
2002-07-26 |
joint signing clerk |
Ing. Klaus Böhm |
|
1996-08-23 |
2005-01-27 |
joint signing clerk |
Dipl-Ing. Peter Wistritschnik |
|
1998-05-06 |
2006-05-04 |
joint signing clerk |
Peter Riess |
|
2002-07-11 |
2006-05-09 |
joint signing clerk |
Dipl-Ing. Johannes Oberlehner |
|
1994-02-23 |
2010-05-26 |
joint signing clerk |
Mag.Dr. Wolfgang Breinbauer |
|
2006-01-31 |
2010-07-16 |
joint signing clerk |
Dipl-Ing. Manfred Schlögl |
|
2002-07-11 |
2011-01-11 |
joint signing clerk |
Ing. Peter Wolfslehner |
|
2005-05-24 |
2011-03-26 |
joint signing clerk |
Mag. Heinz Riedler |
|
2006-05-04 |
2011-05-03 |
joint signing clerk |
Ing.Mag. Oliver Strass |
|
2005-01-27 |
2010-09-25 |
chairman of the executive board |
Dipl-Ing. Gerhard Schwander |
|
2010-09-25 |
2012-05-05 |
chairman of the executive board |
Stanislaus Turnauer |
|
2001-01-04 |
1994-09-23 |
member of the executive board |
Dipl-Ing. Gerhard Schwander |
|
|
1999-12-31 |
member of the executive board |
Dr. Heinz Christian Sauer |
|
1999-12-31 |
2002-07-26 |
member of the executive board |
Mag. Silvio Wolfgang Kirchmair |
|
2001-01-04 |
2002-07-26 |
member of the executive board |
Dipl-Ing. Kurt Waniek |
|
2001-01-04 |
2005-01-27 |
member of the executive board |
Dipl-Ing. Gerhard Schwander |
|
2005-01-06 |
2006-04-13 |
member of the executive board |
Mag. Johannes Fischer |
|
2006-04-13 |
2010-04-27 |
member of the executive board |
Dipl-Ing. Johannes Oberlehner |
|
2010-09-25 |
2010-10-12 |
member of the executive board |
Dipl-Ing. Gerhard Schwander |
|
|
2000-05-20 |
chairman of the supervisory board |
Herbert Turnauer |
|
2000-05-20 |
2001-03-14 |
chairman of the supervisory board |
Dr. Hannes Fleischer |
|
2001-03-14 |
2009-04-10 |
chairman of the supervisory board |
Max Turnauer |
|
2009-04-10 |
2010-09-25 |
chairman of the supervisory board |
Stanislaus Turnauer |
|
2010-09-25 |
2012-05-05 |
chairman of the supervisory board |
Dkfm. Hans Herzog |
|
2001-03-14 |
1994-09-23 |
deputy chairman of the supervisory board |
Dr. Hannes Fleischer |
|
1994-06-09 |
1997-10-10 |
deputy chairman of the supervisory board |
DDr. Heinz Georg Russwurm |
|
1999-06-18 |
2000-05-20 |
deputy chairman of the supervisory board |
Dr. Hannes Fleischer |
|
2000-05-20 |
2001-03-14 |
deputy chairman of the supervisory board |
Dkfm. Hans Herzog |
|
2001-03-14 |
2003-05-07 |
deputy chairman of the supervisory board |
Dr. Hannes Fleischer |
|
2000-05-20 |
2009-04-10 |
deputy chairman of the supervisory board |
Stanislaus Turnauer |
|
2009-04-10 |
2010-09-25 |
deputy chairman of the supervisory board |
Dkfm. Hans Herzog |
|
2010-09-25 |
2012-05-05 |
deputy chairman of the supervisory board |
Dipl-Ing.Dr. Alexander Hartig |
|
2001-03-14 |
1994-09-23 |
member of the supervisory board |
Dkfm. Hans Herzog |
|
1999-06-18 |
2000-05-20 |
member of the supervisory board |
Dkfm. Hans Herzog |
|
1997-05-13 |
2001-05-11 |
member of the supervisory board |
Dkfm.DDr. Hannes Androsch |
|
1997-07-02 |
2003-01-04 |
member of the supervisory board |
Dkfm.Dr. Klaus Czempirek |
|
2000-07-05 |
2003-01-04 |
member of the supervisory board |
Horst Klapps |
|
2001-03-14 |
2009-04-10 |
member of the supervisory board |
Dkfm. Hans Herzog |
|
2006-01-31 |
2010-02-19 |
member of the supervisory board |
Ing. Karl Kraßnitzer |
|
2003-05-07 |
2010-09-25 |
member of the supervisory board |
Dipl-Ing.Dr. Alexander Hartig |
|
2010-02-19 |
2011-03-26 |
member of the supervisory board |
Christian Meixner |
|
2010-04-16 |
2011-07-19 |
member of the supervisory board |
MMag. Christian Benedict Maier |
|
2010-02-19 |
2013-04-18 |
member of the supervisory board |
Dipl-Ing. Josef Kres |
|
2006-01-31 |
2010-02-19 |
member of the supervisory board |
Franz Koch |
|
|
2000-02-29 |
joint signing clerk |
Dkfm. Johann Reisinger |
|
2002-01-26 |
2006-05-04 |
joint signing clerk |
Johann Ondrejas |
|
2002-07-11 |
2011-01-11 |
joint signing clerk |
Dipl-Ing. Johannes Mensdorff Pouilly |
|
|
1994-09-23 |
member of the executive board |
Ing. Rolf Köhler |
|
1994-02-23 |
2005-01-06 |
member of the executive board |
Ing. Rolf Köhler |
|
|
1997-05-13 |
member of the executive board |
Dr. Felix Wehrmann |
|
|
2000-05-20 |
member of the supervisory board |
Rudolf Beranek |
|
1995-04-19 |
2003-01-04 |
member of the supervisory board |
Karl Baumann |
|
1994-02-23 |
2003-01-04 |
member of the supervisory board |
Anton Rudolf |
|
Former
shareholders: |
|||
|
From |
To |
Function |
Name |
|
|
1994-09-23 |
shareholder |
Constantia Woods & Decoratives GmbH |
|
2005-01-06 |
2010-02-19 |
shareholder |
Constantia Woods & Decoratives GmbH |
|
Former
shareholdings: |
||
|
From |
To |
Name |
|
|
|
Isovolta Beteiligungen Gesellschaft m.b.H. |
|
2001-06-12 |
2002-10-18 |
Deco Trade GmbH in Liqu. |
|
1994-05-06 |
2004-01-14 |
Thermax - Brandschutzbauteile Gesellschaft m.b.H. |
|
2008-03-29 |
2010-08-13 |
ISOVOLTAIC AG |
|
Mergers: |
||
|
Date |
Function |
Name |
|
2005-03-22 |
merged with |
Isonova technische Innovationen Gesellschaft m.b.H. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.11 |
|
|
1 |
Rs.98.15 |
|
Euro |
1 |
Rs.77.68 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
SMN |
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.