|
Report Date : |
31.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
BEVAFORM SERVICE & HANDELS GES.M.B.H. |
|
|
|
|
Registered Office : |
Pernerstätt 1, A-5162 Obertrum See |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
2004 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale and retail trade; repair of motor vehicles |
|
|
|
|
No of Employees : |
15 |
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: |
2014-10-30 |
|
Company name: |
BEVAFORM SERVICE & HANDELS GES.M.B.H. |
|
Status: |
active company |
|
Locations: |
Pernerstätt 1, A-5162 Obertrum See |
|
Phone: |
0043 (662) 855033 |
|
Fax: |
0043 (662) 855033 - 250 |
|
E-mail: |
mail@bevaform.com |
|
Internet: |
http://www.bevaform.com |
|
Activities: |
Önace 46422 100% Wholesale of footwear |
|
|
|
|
General Assessment: |
Model: CompanyScore |
|
Probability of Default (Basel II): |
0,88% Low risk |
|
comparison: |
The Rating of this company meets 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 and invoices of
forwarders are settled according to conditions, in some cases there have been
delays and reminders. |
|
|
Financial situation is average. |
|
Year of incorporation: |
2004 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Wholesale and retail trade; repair of motor vehicles |
|
||||
|
Legal form: |
limited liability company since 2004-09-10 |
|
||||
|
companies' house number: |
FN 253092 w Salzburg 2004-09-25 |
|
||||
|
ARA-number: |
15111 |
|
||||
|
VAT number: |
ATU 61131929 |
|
||||
|
number - Austrian National Bank: |
6611583 |
|
||||
|
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|
|||||
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|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
China |
|
2014 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
Europe without EU |
|
2014 |
|
|
total turnover (total sales) |
2013 |
EUR 63.965.221,61 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR 35.010.291,13 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 65.515.875,56 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 40.401.837,72 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 35.893.384,44 |
(exact) |
|
total employees |
2014 |
15 |
(approx.) |
|
total investments |
2012 |
EUR 56.952,71 |
(exact) |
|
total company vehicles |
2014 |
4 |
(approx.) |
|
firm (style): |
|
1 Bevaform Service &
Handels Ges.m.b.H. |
|
legal form: |
|
1 Gesellschaft mit
beschränkter Haftung |
|
registered
office: |
|
15 politischer Gemeinde
Obertrum am See |
|
business adress: |
|
15 Pernerstätt 1 |
|
capital: |
|
6 EUR 1.000.000 |
|
reference date
annual accounts: |
|
1 31. Dezember |
|
annual accounts: |
|
25 zum 31.12.2013
eingereicht am 19.09.2014 |
|
power of
representation: |
|
1 Die Gesellschaft wird,
wenn mehrere Geschäftsführer |
|
managing
director: |
|
G Christian Neubauer, geb.
06.07.1974 |
|
shareholder: |
|
C AGIM Beteiligungs GmbH |
|
general table: |
|
Landesgericht Salzburg |
|
Real estate KSV
text: |
|
No real estate property registered |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the
companies' house) |
|
Bernd Klink |
1966-09-29 |
40489 Düsseldorf Kreuzbergstraße 44 |
manager |
0 |
|
Christian Neubauer |
1974-07-06 |
4866 Unterach Attersee Mondseestraße 8 |
manager |
1 |
|
Dr. Hanns Per Kober |
1951-01-20 |
1050 Wien Zentagasse 32 |
partner |
1 |
|
|
2013-12-31 |
|
|
|
|
|
Franchises, patents, licences, trademarks and similar rights and
advantages |
2.888,48 |
|
|
|
|
|
Sum intangible assets |
2.888,48 |
|
|
|
|
|
|
|||||
|
Land and leasehold rights with buildings thereon including building on
land owned by third parties |
4.090,62 |
|
|
|
|
|
Other operating and business equipment |
54.372,91 |
|
|
|
|
|
Technical plants and machines |
91.055,18 |
|
|
|
|
|
Sum tangible assets |
149.518,71 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
152.407,19 |
|
|
|
|
|
|
|||||
|
Finished products |
2.042.472,76 |
|
|
|
|
|
Advanced payments |
8.750.182,74 |
|
|
|
|
|
Sum stock |
10.792.655,50 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
23.609.415,48 |
|
|
|
|
|
Claims against related firmes Claims against companies with shareholding
relationship |
12.036,41 |
|
|
|
|
|
Other claims and assets |
975.764,76 |
|
|
|
|
|
Sum claims |
24.597.216,65 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
666.113,12 |
|
|
|
|
|
Sum cash and bank |
666.113,12 |
|
|
|
|
|
|
|||||
|
Sum current assets |
36.055.985,27 |
|
|
|
|
|
|
|||||
|
Deferred charges |
186.261,99 |
|
|
|
|
|
Sum deferred charges |
186.261,99 |
|
|
|
|
|
Assets |
36.394.654,45 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
1.000.000,00 |
|
|
|
|
|
Legal reserves |
77.600,00 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
1.473.611,75 |
|
|
|
|
|
Thereof profit/loss carried forward |
179.359,65 |
|
|
|
|
|
Sum equity capital |
2.551.211,75 |
|
|
|
|
|
|
|||||
|
Other reserves before taxes |
3.844,60 |
|
|
|
|
|
Sum reserves before taxes |
3.844,60 |
|
|
|
|
|
|
|||||
|
Subordinate capital |
1.717.500,00 |
|
|
|
|
|
Special account floor capital |
3.717.500,00 |
|
|
|
|
|
Sum floor capital |
5.435.000,00 |
|
|
|
|
|
|
|||||
|
Reserves for severance pays |
4.330,96 |
|
|
|
|
|
Other reserves |
1.615.040,05 |
|
|
|
|
|
Sum reserves |
1.619.371,01 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
18.503.635,57 |
|
|
|
|
|
Liabilities from delivered goods and performed services |
2.298.580,85 |
|
|
|
|
|
Liabilities against related firms |
56.977,91 |
|
|
|
|
|
Other liabilities |
5.926.032,76 |
|
|
|
|
|
Sum liabilities |
26.785.227,09 |
|
|
|
|
|
|
|||||
|
Liabilities |
36.394.654,45 |
|
|
|
|
|
|
|||||
|
Contingent liabilities |
5.495.743,84 |
|
|
|
|
|
Balance sheet sum |
36.394.654,45 |
|
|
|
|
|
|
2013-12-31 |
|
|
|
|
|
Gross sales |
63.965.221,61 |
|
|
|
|
|
Total turnover or gross profit |
63.965.221,61 |
|
|
|
|
|
|
|||||
|
Profits from retirement of fixed assets, except financial assets |
3.400,00 |
|
|
|
|
|
Income from dissolution of reserves |
76.449,21 |
|
|
|
|
|
Other operating profits |
425.977,81 |
|
|
|
|
|
Other operating profits totally |
505.827,02 |
|
|
|
|
|
|
|||||
|
Costs for obtained services |
-234.191,62 |
|
|
|
|
|
Material costs |
-59.039.412,71 |
|
|
|
|
|
Costs for obtained services totally |
-59.273.604,33 |
|
|
|
|
|
|
|||||
|
Salaries |
-874.010,60 |
|
|
|
|
|
Costs for severance pays |
-12.797,90 |
|
|
|
|
|
Legal fringe benefits and other payments depending on salaries |
-199.493,45 |
|
|
|
|
|
Other social fringe benefits |
-8.506,59 |
|
|
|
|
|
Personnel expenses totally |
-1.094.808,54 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses
for the set up and expansion of business operation |
-76.012,17 |
|
|
|
|
|
Depreciation tangible assets / intangible assets totally |
-76.012,17 |
|
|
|
|
|
|
|||||
|
Other operating costs |
-1.985.861,91 |
|
|
|
|
|
Total costs |
-1.985.861,91 |
|
|
|
|
|
|
|||||
|
Operating result totally |
2.040.761,68 |
|
|
|
|
|
|
|||||
|
Interest income, securties income and similar income |
1.652,15 |
|
|
|
|
|
Interest and similar disbursements |
-592.266,07 |
|
|
|
|
|
Financial profits totally |
-590.613,92 |
|
|
|
|
|
|
|||||
|
Results from usual business activity
totally |
1.450.147,76 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-90.675,00 |
|
|
|
|
|
Taxes on income and profits totally |
-90.675,00 |
|
|
|
|
|
Annual surplus/annual deficit totally |
1.359.472,76 |
|
|
|
|
|
|
|||||
|
Dissolution reserves before taxes |
2.929,34 |
|
|
|
|
|
Transfer to profit reserves |
-68.150,00 |
|
|
|
|
|
Reserves movements totally |
-65.220,66 |
|
|
|
|
|
Annual profit/annual loss totally |
1.294.252,10 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
179.359,65 |
|
|
|
|
|
Transfer of profits totally |
179.359,65 |
|
|
|
|
|
B/S profit/ B/S loss from profit and loss
account |
1.473.611,75 |
|
|
|
|
|
|
2013 |
|
|
|
|
|
|
Cash flow II |
1.435.484,93 |
|
|
|
|
|
|
Debt amortisation period |
19,32 |
|
|
|
|
|
|
Bank indebtedness |
50,84 |
|
|
|
|
|
|
Equity capital share |
21,95 |
|
|
|
|
|
|
Social capital share |
0,01 |
|
|
|
|
|
|
Fixed assets coverage |
5.245,41 |
|
|
|
|
|
|
Net profit ratio |
2,26 |
|
|
|
|
|
|
Capital turnover |
1,75 |
|
|
|
|
|
|
Return on investment |
5,61 |
|
|
|
|
|
|
Cash flow in % of operating performance |
2,24 |
|
|
|
|
|
|
Cash flow I |
1.526.159,93 |
|
|
|
|
|
|
Gross productivity |
58,42 |
|
|
|
|
|
|
Net productivity |
4,28 |
|
|
|
|
|
|
Operating performance |
63.965.221,61 |
|
|
|
|
|
|
Inventories in % of operating performance |
16,87 |
|
|
|
|
|
|
Gross profit |
4.691.617,28 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Dr. Hans Lechnerstraße 1, A-5071 Wals, (bis Ende August 2012) |
branch office, rented premises |
|
|
|
|
|
operational |
Pernerstätt 1, A-5162 Obertrum See |
registered office |
|
|
|
|
|
operational |
Pernerstätt 1, A-5162 Obertrum See |
registered headquarters, rented premises |
|
|
|
mail@bevaform.com |
|
former |
Dr Hans Lechnerstraße 3, A-5071 Wals |
registered office |
|
|
|
|
|
former |
Dr Hans Lechnerstraße 1, A-5071 Wals |
registered headquarters |
|
|
|
|
|
former |
Dr Hans Lechnerstraße 3, A-5071 Wals |
registered headquarters |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
KSV-number |
Companies House |
|
Shares in this company are held by: |
||||
|
AGIM Beteiligungs GmbH |
Pernerstätt 1, A-5162 Obertrum See |
92.5 % 2004-09-25 |
908.129 |
FN 163084 f |
|
Dr. Hanns Per Kober |
Zentagasse 32/4, A-1050 Wien |
7.5 % 2010-12-31 |
900.230.499 |
|
|
|
||||
|
Affiliated companies and further
participations: |
||||
|
Woolf Sports Promotion GmbH |
Werner von Siemensplatz 1, A-5020 Salzburg |
|
1.378.022 |
FN 254994 t |
|
Annemarie Grohmann Holding GmbH |
Pernerstätt 1, A-5162 Obertrum See |
|
1.453.330 |
FN 270672 y |
|
Grohmann Schuhimport Ges.m.b.H. |
Werner von Siemensplatz 1, A-5020 Salzburg |
|
483.518 |
FN 36620 d |
|
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
|
Oberbank AG, 5021 Salzburg |
15000 |
main bank connection |
|
|
|
|
||
|
Year of incorporation: |
2004 |
|
Date of registration: |
2004-09-25 |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2005-09-02 |
EUR 36.000,00 |
|
2005-09-02 |
|
EUR 1.000.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
2004-09-25 |
2005-04-21 |
manager |
Klaus Michl |
|
2004-09-25 |
2007-12-12 |
manager |
Adolf Schrempf |
|
2007-12-12 |
2013-06-22 |
manager |
Dr. Hanns Per Kober |
|
2007-01-11 |
2007-12-12 |
individual signing clerk |
Mag.Dr. Rouven Türk |
|
2005-05-13 |
2007-12-12 |
joint signing clerk |
Klaus Michl |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
2005-07-23 |
2008-01-11 |
partner |
Max. BeteiligungsgmbH |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.46 |
|
|
1 |
Rs.98.21 |
|
Euro |
1 |
Rs.77.45 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
TPT |
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.