|
Report Date : |
27.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
WILFRIED HEINZEL AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Wagramerstraße 28-30, A-1223 Wien |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
1948 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
·
Wholesale of paper in bulk ·
Wholesale of chemical products |
|
|
|
|
No. of Employees : |
59 (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 – 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: |
2014-06-03 |
|
Company name: |
WILFRIED HEINZEL
AKTIENGESELLSCHAFT |
|
Status: |
active company |
|
Locations: |
Wagramerstraße 28-30, A-1223 Wien |
|
Phone: |
0043 (1) 26011 |
|
Fax: |
0043 (1) 2636363 |
|
E-mail: |
office@austria.heinzelsales.com |
|
Internet: |
http://www.heinzelsales.com |
|
Activities: |
Önace 46761 50% Wholesale of paper in bulk |
|
|
Önace 46750 50% Wholesale of chemical products |
|
Year of incorporation: |
1948 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Wholesale and retail trade; repair of motor vehicles |
|
||||
|
Legal form: |
joint stock company since 1991-07-11 |
|
||||
|
companies' house number: |
FN 55340 h Wien 1991-08-26 |
|
||||
|
Trade names: |
Heinzel Pulp and Paper Group |
|
||||
|
VAT number: |
ATU 15294802 |
|
||||
|
number - Austrian National Bank: |
1630466 |
|
||||
|
|
|
|||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
Russian Federation |
|
2014 |
|
||
|
Import |
USA |
|
2014 |
|
||
|
Import |
European Union |
|
2014 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
world-wide |
|
2014 |
|
|
total turnover (total sales) |
2013 |
EUR 227.700.000,00 |
(estimated) |
|
total turnover (total sales) |
2012 |
EUR 227.704.199,15 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 278.681.948,69 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 226.554.427,61 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 246.325.910,00 |
(exact) |
|
turnover (sales) - group |
2013 |
EUR 1.329.000.000,00 |
(approx.) |
|
turnover (sales) - group |
2012 |
EUR 1.037.000.000,00 |
(approx.) |
|
turnover (sales) - group |
2011 |
EUR 1.000.000.000,00 |
(approx.) |
|
turnover (sales) - group |
2010 |
EUR 686.000.000,00 |
(approx.) |
|
turnover (sales) - group |
2009 |
EUR 534.851.000,00 |
(exact) |
|
total employees |
2014 |
59 |
(approx.) |
|
white collar workers |
2014 |
58 |
(approx.) |
|
blue collar workers |
2014 |
1 |
(approx.) |
|
total company vehicles |
2014 |
14 |
(approx.) |
|
cars |
2014 |
14 |
(approx.) |
|
firm (style): |
|
1 Wilfried Heinzel
Aktiengesellschaft |
|
legal form: |
|
1 Aktiengesellschaft |
|
registered
office: |
|
1 politischer Gemeinde Wien |
|
business adress: |
|
11 Wagramer Straße 28-30 |
|
capital: |
|
18 EUR 1.825.000 |
|
reference date
annual accounts: |
|
1 31. Dezember |
|
annual accounts: |
|
43 zum 31.12.2012
eingereicht am 07.06.2013 |
|
consolidated
accounts: |
|
18 zum 31.12.2000 eingereicht
am 17.05.2001 |
|
power of
representation: |
|
1 Die Gesellschaft wird,
wenn mehrere Vorstandsmitglieder |
|
other
provisions: |
|
1 Der Vorstand besteht aus
1, 2 oder 3 Personen. |
|
board of
directors: |
|
B Andrew Paul, geb. 29.03.1955 |
|
proxy: |
|
N Gerhard Gessl, geb.
30.07.1957 |
|
supervisory
board: |
|
K Dr Johannes Klezl-Norberg,
geb. 02.07.1957 |
|
general table: |
|
Handelsgericht Wien |
|
Real estate |
|
No real estate property registered |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the
companies' house) |
|
Gerhard Gessl |
1957-07-30 |
1223 Wien Wagramerstraße 28-30 (c/o) |
joint signing clerk |
1 |
|
Peter Nassey |
1953-02-06 |
2522 Oberwaltersdorf Schloßsee 2 |
joint signing clerk |
0 |
|
Jürgen Nemeth |
1973-08-07 |
2460 Bruck Leitha Telering 21 |
joint signing clerk |
0 |
|
Peter Schak |
1961-06-20 |
1223 Wien Wagramerstraße 28-30 (c/o) |
joint signing clerk |
0 |
|
Mag. Dijana Schak |
1956-01-27 |
1220 Wien Bergengasse 6 |
joint signing clerk |
2 |
|
Mag. Dietmar Geigl |
1973-08-23 |
2345 Brunn Gebirge Feldstraße 19 |
member of the executive board |
2 |
|
Andrew Paul |
1955-03-29 |
7201 Neudörfl Straße III |
member of the executive board, head of sales, head of marketing |
5 |
|
Moncef Reisner |
1956-07-23 |
1223 Wien Wagramerstraße 28-30 (c/o) |
member of the executive board |
1 |
|
Dipl-Betriebsw. Alfred Heinzel |
1947-07-20 |
1010 Wien Schwertgasse 4 |
chairman of the supervisory board |
18 |
|
Rolf Johannesson |
1956-04-03 |
85188 Sundsvall Skepperplatsen 1 |
deputy chairman of the supervisory board |
0 |
|
Nadja Blenk |
1975-02-16 |
2011 Sierndorf Zelkinggasse 29 |
member of the supervisory board |
0 |
|
KR Martha Dobringer |
1947-01-16 |
1010 Wien Wollzeile 9 |
member of the supervisory board |
3 |
|
Dr. Johannes Klezl-Norberg |
1957-05-02 |
2371 Hinterbrühl Gaadnerstraße 80 |
member of the supervisory board |
39 |
|
Mag. Helmut Limbeck |
1968-01-18 |
7122 Gols Sportplatzgasse 23 |
member of the supervisory board |
8 |
|
Ulrike Ullrich-Springer |
1969-03-17 |
1210 Wien Leopoldauerstraße 19 |
member of the supervisory board |
0 |
|
Karin Schnabl |
|
1223 Wien Wagramerstraße 28-30(c/o) |
head of accounting |
0 |
|
Sabine Irmler |
1964-06-27 |
1223 Wien Wagramerstraße 28-30(c/o) |
head of personnel |
0 |
(absolute) all amounts in EUR
|
|
2012-12-31 |
|
|
|
|
|
Franchises, patents, licences, trademarks and similar rights and
advantages |
62.334,00 |
|
|
|
|
|
Sum intangible assets |
62.334,00 |
|
|
|
|
|
|
|||||
|
Other operating and business equipment |
217.440,00 |
|
|
|
|
|
Sum tangible assets |
217.440,00 |
|
|
|
|
|
|
|||||
|
Shares on related firms |
1.224.568,61 |
|
|
|
|
|
Other financial assets, values and securities of fixed assets |
331.763,30 |
|
|
|
|
|
Sum financial assets |
1.556.331,91 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
1.836.105,91 |
|
|
|
|
|
|
|||||
|
Finished products |
7.424.985,36 |
|
|
|
|
|
Advanced payments |
2.589.697,55 |
|
|
|
|
|
Sum stock |
10.014.682,91 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
36.799.020,24 |
|
|
|
|
|
Claims against companies with shareholding relationship |
771.498,46 |
|
|
|
|
|
Claims against related firmes Claims against companies with shareholding
relationship |
23.099.479,03 |
|
|
|
|
|
Other claims and assets |
818.163,23 |
|
|
|
|
|
Sum claims |
61.488.160,96 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
1.406.540,75 |
|
|
|
|
|
Sum cash and bank |
1.406.540,75 |
|
|
|
|
|
|
|||||
|
Sum current assets |
72.909.384,62 |
|
|
|
|
|
|
|||||
|
Deferred charges |
77.543,75 |
|
|
|
|
|
Sum deferred charges |
77.543,75 |
|
|
|
|
|
Assets |
74.823.034,28 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
1.825.000,00 |
|
|
|
|
|
Committed capital reserves |
181.752,94 |
|
|
|
|
|
Legal reserves |
747,06 |
|
|
|
|
|
Free reserves |
3.988.755,88 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
21.684.729,18 |
|
|
|
|
|
Thereof profit/loss carried forward |
11.917.911,37 |
|
|
|
|
|
Sum equity capital |
27.680.985,06 |
|
|
|
|
|
|
|||||
|
Reserves for severance pays |
1.299.685,64 |
|
|
|
|
|
Reserves for pensions |
328.041,50 |
|
|
|
|
|
Other reserves |
3.810.399,02 |
|
|
|
|
|
Sum reserves |
5.438.126,16 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
5.635.012,59 |
|
|
|
|
|
Received advanced payments for orders |
1.981.949,58 |
|
|
|
|
|
Liabilities from delivered goods and performed services |
21.239.675,43 |
|
|
|
|
|
Liabilities against related firms |
12.376.216,71 |
|
|
|
|
|
Liabilities against firm with shareholding relationship |
68.448,19 |
|
|
|
|
|
Other liabilities |
402.620,56 |
|
|
|
|
|
Sum liabilities |
41.703.923,06 |
|
|
|
|
|
|
|||||
|
Liabilities |
74.823.034,28 |
|
|
|
|
|
|
|||||
|
Contingent liabilities |
3.899.782,41 |
|
|
|
|
|
Balance sheet sum |
74.823.034,28 |
|
|
|
|
(absolute) all amounts in EUR
|
|
2012-12-31 |
|
|
|
|
|
Gross sales |
227.704.199,15 |
|
|
|
|
|
Total turnover or gross profit |
227.704.199,15 |
|
|
|
|
|
|
|||||
|
Profits from retirement of fixed assets, except financial assets |
5.840,00 |
|
|
|
|
|
Income from dissolution of reserves |
3.161,09 |
|
|
|
|
|
Other operating profits |
4.866.805,88 |
|
|
|
|
|
Other operating profits totally |
4.875.806,97 |
|
|
|
|
|
|
|||||
|
Material costs and expenses for obtained services |
-214.128.224,70 |
|
|
|
|
|
Costs for obtained services totally |
-214.128.224,70 |
|
|
|
|
|
|
|||||
|
Wages |
-19.704,53 |
|
|
|
|
|
Salaries |
-4.018.164,37 |
|
|
|
|
|
Costs for severance pays |
-226.863,40 |
|
|
|
|
|
Costs for old age pension |
2.495,00 |
|
|
|
|
|
Legal fringe benefits and other payments depending on salaries |
-865.945,20 |
|
|
|
|
|
Other social fringe benefits |
-39.190,46 |
|
|
|
|
|
Personnel expenses totally |
-5.167.372,96 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses
for the set up and expansion of business operation |
-229.961,68 |
|
|
|
|
|
Depreciation tangible assets / intangible assets totally |
-229.961,68 |
|
|
|
|
|
|
|||||
|
Other operating costs |
-5.404.458,96 |
|
|
|
|
|
Other taxes |
-11.007,82 |
|
|
|
|
|
Total costs |
-5.415.466,78 |
|
|
|
|
|
|
|||||
|
Operating result totally |
7.638.980,00 |
|
|
|
|
|
|
|||||
|
Profits from shareholdings |
4.340.072,27 |
|
|
|
|
|
Income from other securities and loans of financial assets |
57,91 |
|
|
|
|
|
Interest income, securties income and similar income |
328.703,13 |
|
|
|
|
|
Disbursements from other financial assets and from securities of
current assets (e.g. depreciations) |
-92.922,83 |
|
|
|
|
|
Interest and similar disbursements |
-397.835,42 |
|
|
|
|
|
Financial profits totally |
4.178.075,06 |
|
|
|
|
|
|
|||||
|
Results from usual business activity
totally |
11.817.055,06 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-2.050.237,25 |
|
|
|
|
|
Taxes on income and profits totally |
-2.050.237,25 |
|
|
|
|
|
Annual surplus/annual deficit totally |
9.766.817,81 |
|
|
|
|
|
|
|||||
|
Annual profit/annual loss totally |
9.766.817,81 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
11.917.911,37 |
|
|
|
|
|
Transfer of profits totally |
11.917.911,37 |
|
|
|
|
|
B/S profit/ B/S loss from profit and loss
account |
21.684.729,18 |
|
|
|
|
|
|
2012 |
|
|
|
|
|
|
Cash flow II |
9.996.779,49 |
|
|
|
|
|
|
Debt amortisation period |
4,37 |
|
|
|
|
|
|
Bank indebtedness |
7,53 |
|
|
|
|
|
|
Equity capital share |
38,00 |
|
|
|
|
|
|
Social capital share |
2,17 |
|
|
|
|
|
|
Fixed assets coverage |
1.596,24 |
|
|
|
|
|
|
Net profit ratio |
5,18 |
|
|
|
|
|
|
Capital turnover |
3,04 |
|
|
|
|
|
|
Return on investment |
16,32 |
|
|
|
|
|
|
Cash flow in % of operating performance |
4,39 |
|
|
|
|
|
|
Cash flow I |
12.047.016,74 |
|
|
|
|
|
|
Gross productivity |
44,06 |
|
|
|
|
|
|
Net productivity |
2,62 |
|
|
|
|
|
|
Operating performance |
227.704.199,15 |
|
|
|
|
|
|
Inventories in % of operating performance |
4,39 |
|
|
|
|
|
|
Gross profit |
13.575.974,45 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Wagramer Straße 28-30, A-1223 Wien |
registered office |
|
|
|
|
|
operational |
Wagramerstraße 28-30, A-1223 Wien, (seit 09.12.1997) |
registered headquarters, rented premises |
|
|
|
office@austria.heinzelsales.com |
|
operational |
Postfach 57, A-1223 Wien |
postbox |
|
|
|
|
|
former |
Engerthstraße 161-163, A-1020 Wien |
registered office |
|
|
|
|
|
former |
Engerthstraße 161-163, A-1020 Wien |
registered headquarters |
|
|
|
|
|
former |
Kärntner Ring 2, A-1010 Wien |
registered headquarters |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
|
Companies House |
|
Shares in this company are held by: |
||||
|
Heinzel Holding GmbH |
Einsiedling 75, A-4655 Vorchdorf |
90 % |
|
FN 96380 k |
|
P & S BETEILIGUNGSGMBH |
Straße III/10, A-7201 Neudörfl |
10 % 2002-03-25 |
|
FN 220199 y |
|
|
||||
|
This company holds 100% of the shares in: |
||||
|
Heinzel Pulpsales GmbH |
Gaadnerstraße 80, A-2371 Hinterbrühl |
100 % 2009-09-11 |
|
FN 332630 m |
|
|
||||
|
Affiliated companies and further
participations: |
||||
|
Europapier Aktiengesellschaft |
Autokaderstraße 86-96, A-1210 Wien |
|
|
FN 72070 k |
|
Heinzel, Bunzl Service GmbH |
Wagramerstraße 28-30, A-1220 Wien |
|
|
FN 242766 i |
|
Europapier International AG |
Gaadnerstraße 80, A-2371 Hinterbrühl |
|
|
FN 332815 i |
|
Kraftwerk Katzling GmbH |
Dr. Luigi Angelistraße 9, A-8761 Pöls |
|
|
FN 405472 h |
|
Kraftwerk Laakirchen GmbH |
Schillerstraße 5, A-4663 Laakirchen |
|
|
FN 405474 k |
|
Laakirchen Papier AG |
Schillerstraße 5, A-4663 Laakirchen |
|
|
FN 171841 h |
|
Zellstoff Pöls Aktiengesellschaft |
Dr. Luigi Angelistraße 9, A-8761 Pöls |
|
|
FN 200511 w |
|
Heinzel, Bunzl Immobilien GmbH |
Wagramerstraße 28-30, A-1220 Wien |
|
|
FN 232928 t |
|
Heinzel Paper GmbH |
Gaadnerstraße 80, A-2371 Hinterbrühl |
|
|
FN 332306 k |
|
Heinzel EMACS Beteiligungs AG |
Wagramerstraße 28-30, A-1223 Wien |
|
|
FN 252220 m |
|
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
|
UniCredit Bank Austria AG, 1011 Wien |
12000 |
main bank connection |
|
|
Raiffeisen Bank International AG, 1011 Wien |
31000 |
main bank connection |
|
|
Erste Bank der oesterreichischen Sparkassen AG, 1011 Wien |
20111 |
secondary banking connection |
|
|
|
|
||
|
Year of incorporation: |
1948 |
|
Date of registration: |
1991-08-26 |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2001-05-22 |
ATS 25.000.000,00 |
|
2001-05-22 |
|
EUR 1.825.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
|
1997-02-11 |
joint signing clerk |
Wilhelm Hofmann |
|
1997-02-11 |
2001-05-22 |
joint signing clerk |
Mag. Norbert Hofmann |
|
|
2003-05-22 |
joint signing clerk |
Hans Müksch |
|
|
2004-01-23 |
joint signing clerk |
Djurdjevka Stojanovic |
|
2003-09-23 |
2004-06-04 |
joint signing clerk |
Mag. Helmut Limbeck |
|
2002-01-31 |
2008-07-18 |
joint signing clerk |
Dipl-Ing. Abdulkarim Al Resheg |
|
2005-01-25 |
2010-01-20 |
joint signing clerk |
Doris Führer |
|
2007-09-19 |
2010-06-15 |
joint signing clerk |
Mag. Dietmar Geigl |
|
|
2010-06-15 |
joint signing clerk |
Moncef Reisner |
|
2005-01-25 |
2011-05-05 |
joint signing clerk |
Abdelkerim Farhat Moalla |
|
2005-01-25 |
2011-07-02 |
joint signing clerk |
Jürgen Nemeth |
|
2009-06-27 |
2010-06-15 |
deputy chairman of the executive board |
Mag. Dietmar Geigl |
|
2010-06-15 |
2012-08-23 |
deputy chairman of the executive board |
Moncef Reisner |
|
|
2003-09-23 |
member of the executive board |
Dr. Heinz Zinner |
|
2003-05-22 |
2004-06-04 |
member of the executive board |
Hans Müksch |
|
2004-06-04 |
2010-06-15 |
member of the executive board |
Mag. Helmut Limbeck |
|
|
2001-05-22 |
chairman of the supervisory board |
Dr. Karl Ludwig |
|
2000-07-20 |
2001-05-22 |
deputy chairman of the supervisory board |
Dipl-Betriebsw. Alfred Heinzel |
|
2001-05-22 |
2007-07-27 |
deputy chairman of the supervisory board |
Dr. Karl Ludwig |
|
2007-07-27 |
2011-07-02 |
deputy chairman of the supervisory board |
Dr. Heinrich Georg Stahl |
|
2011-07-02 |
2013-06-11 |
deputy chairman of the supervisory board |
Dkfm. Wolfgang Pfarl |
|
|
1997-02-11 |
member of the supervisory board |
Ing. Franz Rappold |
|
|
2000-07-20 |
member of the supervisory board |
Ulf Ragnarsson Frölander |
|
1997-08-26 |
2003-05-22 |
member of the supervisory board |
Dkfm. Wilhelm Demuth |
|
|
2005-05-03 |
member of the supervisory board |
Mag. Reinhard Karl |
|
1999-03-16 |
2007-07-27 |
member of the supervisory board |
Sabine Irmler |
|
2003-05-22 |
2007-07-27 |
member of the supervisory board |
Dr. Heinrich Georg Stahl |
|
2007-07-27 |
2008-11-19 |
member of the supervisory board |
Martina Bauhofer |
|
2008-07-01 |
2011-07-02 |
member of the supervisory board |
Dkfm. Wolfgang Pfarl |
|
|
1999-03-16 |
employee's representative on the supervisory board |
Elisabeth Denk |
|
|
2007-07-27 |
employee's representative on the supervisory board |
Henriette Joska |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
|
1999-01-01 |
shareholder |
Erste Bank Beteiligungen Gesellschaft m.b.H. |
|
|
2000-01-01 |
shareholder |
Evelyn Heinzel |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
|
|
Wilfried Heinzel Beteiligungsgesellschaft m.b.H. |
|
1981-11-17 |
1991-12-18 |
Wilfried Heinzel Rohstoff- Handelsgesellschaft m.b.H. |
|
|
|
"Cellulosa Pulp and Paper Trading"- Handelsgesellschaft
m.b.H. in Liqu. |
|
|
|
Heinzel-Harmanec Handelsgesellschaft m.b.H. |
|
1999-12-03 |
2005-02-02 |
Zelpa Handelsgesellschaft m.b.H. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.24 |
|
|
1 |
Rs.98.67 |
|
Euro |
1 |
Rs.77.97 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.