|
Report No. : |
318481 |
|
Report Date : |
23.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
MONDI PAPER SALES GMBH |
|
|
|
|
Registered Office : |
Marxergasse 4A A-1030 Wien |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
20.07.2004 |
|
|
|
|
Legal Form : |
Limited Liability Company Sinc |
|
|
|
|
Line of Business : |
Wholesale of paper in bulk |
|
|
|
|
No. of Employee : |
146 (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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
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 in 2010-12. Growth fell below 1% in 2013-14. 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. Stabilization measures, stimulus spending, and an income tax reform pushed the budget deficit to 4.5% in 2010. 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. The deficit was steadily reduced to 1.5% of GDP in 2014 as a result of the measures. 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.
|
Source
: CIA |
|
MONDI PAPER
SALES GMBH Marxergasse 4A, 1030 Wien Mondi Paper Sales GmbH Marxergasse 4A A-1030 Wien |
|
Phone: |
(0043) 1 79013 |
|
Fax: |
(0043) 1 79013 - 951 |
|
Internet: |
http://www.mondigroup.com |
ÖNACE 46761 100% Wholesale of paper in bulk
Financial details can also be entered during the period, irrespective of
the balance sheet date.
|
total turnover (total sales) |
2014 |
EUR |
2.290.000.000,00 |
(estimated) |
|
total turnover (total sales) |
2013 |
EUR |
2.278.799.966,74 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR |
2.200.180.977,33 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR |
853.814.072,15 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR |
858.732.732,53 |
(exact) |
|
total investments |
2013 |
EUR |
912.206,56 |
(exact) |
|
total company vehicles |
2015 |
|
23 |
(approx.) |
|
self-financed vehicles |
2015 |
|
23 |
(approx.) |
|
cars |
2015 |
|
23 |
(approx.) |
|
total employees |
2015 |
|
146 |
(approx.) |
|
white collar workers |
2015 |
|
146 |
(approx.) |
General company
information
|
Company name |
Mondi Paper Sales GmbH |
||||||
|
Year of incorporation |
2004 |
||||||
|
Type of company |
Wholesale and retail trade; repair of motor vehicles |
||||||
|
Legal form |
limited liability company since 2004-07-20 |
||||||
|
Companies House number |
FN 250921 b Wien since
2004-07-28 |
||||||
|
Import |
|
||||||
|
Export |
|
||||||
|
VAT number |
ATU 58113767 |
||||||
|
number - Austrian National Bank |
6541119 |
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|
Last balance sheet: |
2013 |
||||||
|
Banking connection |
|
|
operational |
A-1030 Wien, Marxergasse 4A |
registered office |
|
operational |
A-1030 Wien, Marxergasse 4A |
registered headquarters, rented premises |
|
|
0043 1 79013 |
|
|
operational |
A-3363 Ulmerfeld Hausmening, Haidmühlstraße 2-4 |
branch office, rented premises |
|
|
0043 7475 500 |
|
|
former |
A-1032 Wien, Kelsenstraße 7 |
registered office |
|
former |
A-1032 Wien, Kelsenstraße 7 |
registered headquarters |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the companies' house) |
|
Mag. Franz Hiesinger |
1965-08-17 |
A-1032 Wien Kelsenstraße 7 |
manager |
10 |
|
Björn Conny Leon Josefsson |
1962-09-27 |
A-1030 Wien Kelssenstraße 7 |
manager |
1 |
|
Johannes Klumpp |
1967-02-14 |
A-1032 Wien Kelsenstraße 7 |
manager head of sales |
1 |
|
Dr. Florian Stockert |
1959-11-29 |
A-1040 Wien Weyringergasse 5 |
manager |
0 |
|
Mag. Christian Frühwald |
1978-07-11 |
A-1032 Wien p.A. Mondi Paper Sales GmbH Ke 7 |
joint signing clerk |
0 |
|
Carsten Lange |
1968-08-15 |
A-8763 Möderbrugg Mondi Möderbrugg GmbH |
joint signing clerk |
0 |
|
Karlheinz Resch |
1964-11-02 |
A-8101 Gratkorn Am Ring 9 |
joint signing clerk |
0 |
|
Dr. Bernhard Clemens Friedrich Willee |
1962-05-07 |
A-1032 Wien Kelsenstraße 7 |
joint signing clerk |
2 |
|
Dr. Erich Ernst Wimmer |
1971-10-14 |
A-1030 Wien Kelsenstraße 7 |
joint signing clerk |
1 |
|
Wolfgang Kropriunik |
|
A-1032 Wien Kelsenstraße 7(c/o) |
head of marketing |
0 |
|
Rainer Steffl |
1975-02-14 |
A-1032 Wien Kelsenstraße 7 (c/o) |
head of EDP |
1 |
|
Company name |
Address |
Shareholdings in % |
Since |
Commercial register no. |
|
Shares in this company are held by: |
||||
|
Mondi Sales und Marketing GmbH |
A-1030 Wien Marxergasse 4A |
100 % |
2004-07-28 |
FN 250923 f |
|
Affiliated companies and further participations: |
||||
|
Ybbstaler Zellstoff GmbH |
A-3363 Ulmerfeld Hausmening Theresienthalstraße 50 |
|
|
FN 159918 z |
|
Mondi Uncoated Fine & Kraft Paper GmbH |
A-1030 Wien Marxergasse 4A |
|
|
FN 196403 d |
(absolute) all
amounts in EUR
|
|
2013-12-31 |
|
Franchises, patents, licences, trademarks and similar rights and
advantages |
1.246.760,36 |
|
Advanced payments |
497.311,15 |
|
Sum intangible assets |
1.744.071,51 |
|
Other operating and business equipment |
450.674,43 |
|
Advanced payments and constructions in progress |
112.000,00 |
|
Sum tangible assets |
562.674,43 |
|
Other financial assets, values and securities of fixed assets |
401.750,78 |
|
Sum financial assets |
401.750,78 |
|
Sum fixed assets |
2.708.496,72 |
|
Finished products |
69.610.317,77 |
|
Sum stock |
69.610.317,77 |
|
Claims from delivered goods and performed services |
211.354.271,66 |
|
Claims against related firmes Claims against companies with
shareholding relationship |
190.444.913,78 |
|
Other claims and assets |
1.432.026,30 |
|
Sum claims |
403.231.211,74 |
|
Cash on hand, cheques and bank deposits |
761.384,61 |
|
Sum cash and bank |
761.384,61 |
|
Sum current assets |
473.602.914,12 |
|
Deferred charges |
57.653,25 |
|
Sum deferred charges |
57.653,25 |
|
Assets |
476.369.064,09 |
|
|
|
|
Subscribed/declared capital |
35.000,00 |
|
Capital reserves |
51.117.314,82 |
|
Legal reserves |
3.500,00 |
|
Balance sheet profit/balance sheet loss |
52.645.502,44 |
|
Sum equity capital |
103.801.317,26 |
|
Reserves for severance pays |
1.316.061,00 |
|
Reserves for pensions |
1.041.796,68 |
|
Other reserves |
58.391.679,89 |
|
Sum reserves |
60.749.537,57 |
|
Liabilities against credit institutes |
1,35 |
|
Received advanced payments for orders |
1.629.458,43 |
|
Liabilities from delivered goods and performed services |
6.787.336,75 |
|
Liabilities against related firms |
286.310.782,54 |
|
Other liabilities |
16.590.630,19 |
|
Sum liabilities |
311.318.209,26 |
|
|
|
|
Deferred income |
500.000,00 |
|
Sum deferred income |
500.000,00 |
|
Liabilities |
476.369.064,09 |
|
Balance sheet sum |
476.369.064,09 |
|
|
|
(absolute) all
amounts in EUR
|
|
2013-12-31 |
|
Gross sales |
2.278.799.966,74 |
|
Total turnover or gross profit |
2.278.799.966,74 |
|
|
|
|
Profits from retirement of fixed assets, except financial assets |
37.398,90 |
|
Other operating profits |
6.017.216,01 |
|
Other operating profits totally |
6.054.614,91 |
|
|
|
|
Material costs |
-2.075.900.383,29 |
|
Costs for obtained services totally |
-2.075.900.383,29 |
|
|
|
|
Salaries |
-9.160.125,95 |
|
Costs for severance pays |
-349.287,46 |
|
Costs for old age pension |
-147.509,14 |
|
Legal fringe benefits and other payments depending on salaries |
-2.238.841,45 |
|
Other social fringe benefits |
-71.440,46 |
|
Personnel expenses totally |
-11.967.204,46 |
|
|
|
|
Depreciation of intangible assets, tangible assets,activated expenses
for the set up and expansion of business operation |
-604.100,79 |
|
Depreciation tangible assets / intangible assets totally |
-604.100,79 |
|
|
|
|
Other operating costs |
-140.231.260,12 |
|
Total costs |
-140.231.260,12 |
|
|
|
|
Operating result totally |
56.151.632,99 |
|
|
|
|
Interest income, securties income and similar income |
584.096,87 |
|
Profits from the retirement of and investment in financial assets |
11.304,00 |
|
Interest and similar disbursements |
-340.607,49 |
|
Financial profits totally |
254.793,38 |
|
|
|
|
Results from usual business activity totally |
56.406.426,37 |
|
|
|
|
Taxes on income and profits |
-3.760.923,93 |
|
Taxes on income and profits totally |
-3.760.923,93 |
|
|
|
|
Annual surplus/annual deficit totally |
52.645.502,44 |
|
|
|
|
Annual profit/annual loss totally |
52.645.502,44 |
|
|
|
|
B/S profit/ B/S loss from profit and loss account |
52.645.502,44 |
|
|
|
|
|
2013 |
|
Cashflow II |
53.249.603,23 |
|
Debt amortisation period in years |
6,94 |
|
Bank indebtedness |
0,00 |
|
Equity capital share in % |
21,86 |
|
Social capital share |
0,49 |
|
Fixed assets coverage |
3.919,48 |
|
Net profit ratio |
2,47 |
|
Capital turnover |
4,78 |
|
Return on investment in % |
11,91 |
|
Cashflow in % of operating performance |
2,33 |
|
Cashflow I |
57.010.527,16 |
|
Gross productivity |
190,42 |
|
Net productivity |
16,95 |
|
Operating performance |
2.278.799.966,74 |
|
Inventories in % of operating performance |
3,05 |
|
Gross profit |
202.899.583,45 |
Note
No real estate property registered
|
firm (style) |
26
Mondi Paper Sales GmbH |
|
legal form |
1
Gesellschaft mit beschränkter Haftung |
|
registered office |
1
politischer Gemeinde Wien |
|
business adress |
32
Marxergasse 4A |
|
capital |
1
EUR 35.000 |
|
reference date annual accounts |
1
31. Dezember |
|
annual accounts |
35
zum 31.12.2013 eingereicht am 12.06.2014 |
|
|
|
|
PROXY |
|
|
R
Dr. Erich Ernst Wimmer, geb. 14.10.1971 |
|
|
|
|
|
MANAGING
DIRECTOR |
|
|
U
Johannes Klumpp, geb. 14.02.1967 |
|
|
|
|
|
shareholder |
|
|
D
Mondi Sales und Marketing GmbH |
|
|
|
|
|
GENERAL
TABLE |
|
|
Handelsgericht Wien |
|
|
Year of incorporation |
2004 |
|
Date of registration |
2004-07-28 |
|
from |
to |
company name |
|
|
2008-04-26 |
Mondi Business Paper Sales GmbH |
|
2008-04-26 |
2012-08-09 |
Mondi Uncoated Fine Paper Sales GmbH |
|
2012-08-09 |
|
Mondi Paper Sales GmbH |
|
from |
to |
position |
name |
|
2004-07-28 |
2008-01-29 |
manager |
Mag. Günther Hassler |
|
2005-12-13 |
2008-03-15 |
manager |
Thomas Felix Josef Reibelt |
|
2004-07-28 |
2008-03-15 |
manager |
Mag. Hans Michael Sablatnig |
|
2008-01-29 |
2009-08-28 |
manager |
Dr. Gerhard Kornfeld |
|
2008-01-29 |
2011-01-14 |
manager |
Mag. Peter Machacek |
|
2009-08-28 |
2011-07-23 |
manager |
Mag. Klaus Peller |
|
|
2014-11-14 |
manager |
Dr. Bernhard Clemens Friedrich Willee |
|
2005-07-09 |
2005-12-13 |
joint signing clerk |
Werner Hartmann |
|
2005-07-09 |
2008-01-29 |
joint signing clerk |
Mag. Johann Hebauer |
|
2005-07-06 |
2008-04-13 |
joint signing clerk |
MMag. Stephan Walder |
|
2005-07-09 |
2008-06-27 |
joint signing clerk |
Mag.Dr. Paul Bartmann |
|
2007-05-24 |
2009-01-06 |
joint signing clerk |
Martin Hanacek |
|
2009-10-10 |
2011-01-14 |
joint signing clerk |
Johannes Klumpp |
|
|
2014-05-22 |
joint signing clerk |
Dr. Markus Fürst |
|
2004-07-28 |
2005-12-03 |
manager |
Mag.Dr. Peter Duval |
|
2004-08-13 |
2005-12-13 |
manager |
Dipl-Ing. Kurt Mitterböck |
|
2005-12-03 |
2008-01-29 |
manager |
MBA. Adrian Fowler |
|
2005-12-13 |
2009-10-10 |
joint signing clerk |
Mark Ushpol |
|
2005-07-09 |
2008-01-29 |
joint signing clerk |
Dipl-Ing. Otto Pichler |
|
2005-07-09 |
2008-06-27 |
joint signing clerk |
Gerhard Schwiegk |
|
On |
position |
name |
|
2012-08-09 |
merged with |
Mondi Packaging Paper Sales GmbH |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.82 |
|
|
1 |
Rs.93.85 |
|
Euro |
1 |
Rs.67.59 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
ANK |
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.